Emirati Journal of Business, Economics, & Social Studies
The Emirati Journal of Business, Economics and Social Studies (EJBESS) is a peer-reviewed academic journal committed to advancing research in the fields of business, economics, management, and the social sciences. EJBESS serves as a platform for the dissemination of high-quality theoretical and applied research, encouraging the exchange of ideas between academic scholarship and practical implementation.
How can design elements impact event branding in Sri Lanka? Insights from event planners
Event branding plays a pivotal role in event management and substantially influences the success of events. With the emerging concerns for events, in Sri Lanka, events have become a vital part of the cultural and social fabric of the nation, with diverse events taking place throughout the year. Hence, this study explores the influence of design elements on event branding in Sri Lanka, from the viewpoint of event planners. This qualitative study employs an exploratory strategy, undergoing semi-structured interviews with 15 event planners from registered companies with the Sri Lanka Association of Professional Conference, Exhibition, and Event Organisers, Sri Lanka. Afterwards, the qualitative content analysis was endured to analyse the collected data. The findings revealed that design elements such as logos, colour schemes, typography, and visual imagery play a significant role in event branding, and further, event planners specifically ascertained the need to include cultural and traditional components into event branding to appeal to national and international clients. It is noteworthy to state that event planners confront several problems in executing successful event branding strategies due to financial limitations, lack of creative flexibility, and constraint of resources. However, they pinpointed the necessity of coordination between event managers, designers, and patrons to establish a consistent branding approach in the industry. The study gives implications to different industry stakeholders to establish successful branding strategies that connect the clientele and industry stakeholders and produce a memorable experience for the clientele.
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Reimagining Third Sector Operations: A Critical Reflection on Developing a Business-Aligned Nonprofit Framework Focused on Dignity and Operational Effectiveness in the Arab World Context
This critical reflection examines the development of a framework for third sector or public-benefit organizations, aiming to improve traditional charitable models through Islamic principles and digital innovation. Drawing on an autoethnographic methodology, I reflect on the process of developing a comprehensive guide that reimagines nonprofit operations by prioritizing beneficiary dignity, maximizing technological integration, and fostering sustainable partnerships.This reflection reveals tensions between traditional charitable practices and contemporary social justice approaches, as well as their contributions to social development within communities, while highlighting how cultural authenticity shapes global best practices. Key insights include the transformative potential of dignity-preserving methodologies, the role of technology in enabling ethical practices, and the necessity of systemic change and functional integration between sectors—most notably the for-profit and nonprofit sectors—in order to achieve sustainable development in real-world community contexts and to support the growth and well-being of middle classes.This work contributes to the scholarly literature on culturally grounded nonprofit innovation rooted in Islamic foundations.
The Impact of Eliminating Government Bureaucracy on Enhancing Institutional Excellence: The United Arab Emirates as a Model
With the emergence of many changes in administrative concepts over the past two decades, the focus has shifted from traditional management to leadership and entrepreneurship. These changes have extended to include the quality of outputs and performance levels, eventually encompassing organizational structures in order to confront challenges, strengthen capabilities, and enhance institutional performance. Quality and institutional excellence experts identify several drivers and reasons that compel organizations to move toward institutional excellence, foremost among them rapid changes, unexpected developments, and natural disasters. Zero bureaucracy refers to the removal or significant reduction of routine administrative procedures and obstacles within institutions, with the aim of simplifying processes, improving efficiency, accelerating the completion of transactions, and facilitating access to services. This approach focuses on eliminating unnecessary complexities in administrative work, reducing red tape, and adopting flexible and fast administrative methods to meet the needs of employees and service recipients. “Zero bureaucracy” represents a step toward global leadership in institutional excellence and contributes to achieving a qualitative shift in the style of government administration. Institutional excellence is an important advantage in the business environment, as managers and employees view excellence as an effective entry point for creating competitive advantages that provide customers with high-quality products and services. Through human capital, organizations can achieve institutional differentiation by motivating employees and building high-level skills. These are the fundamental components for increasing innovation, improving performance, and supporting a culture of continuous improvement, as well as training, qualifying, and providing professional development opportunities. This reflects the importance of specific skills and their high level of proficiency. Institutional differentiation stems from the knowledge possessed by employees, as it constitutes the core of the work carried out by excellent organizations. This knowledge is unique to the organization and not shared by others, as it is the result of individual efforts by employees. Institutionally excellent organizations are characterized by several key attributes, most notably their acceptance of hard work, which is considered one of the most important sources of institutional excellence. Hard work provides organizations with opportunities for learning, rapid growth, and process improvement. It also requires competent leadership, as qualified leadership plays a prominent role in encouraging excellence and enduring challenges. Challenges reveal levels of organizational capability, contributing to the prevention of errors, the identification and management of crises, and the differentiation of organizational capacities. Excellent organizations possess sufficient experience in serving the community and have training programs that contribute to institutional excellence. They are also accurate in forecasting through selecting the best methods for task performance. An excellent organization is further characterized by its continuity in applying global best practices in performing its tasks, maintaining supportive and interactive relationships with its customers and stakeholders, and understanding the strengths and weaknesses of competitors. Such an environment works to develop programs that enhance learning resources and strengthen employee skills in various areas, including newly acquired skills that add to their professional value and enable them to cooperate more effectively with the business units in which they work.
Digital transformation and the use of artificial intelligence to enhance financial transparency and ensure tax and insurance compliance: reducing the double whammy
The phenomenon of failing to transfer amounts deducted from employees’ salaries for taxes and social insurance, along with the non-payment of the employer’s share, represents a dual loophole that affects both the public treasury and workers’ rights in Egypt. This practice results in substantial financial losses estimated at between EGP 80 and 100 billion annually, weakening the state’s ability to finance public services and undermining the sustainability of social insurance funds. This study relies on the analysis of financial and tax data to estimate the losses resulting from tax and social insurance non-compliance, while examining its impact on employment and the macroeconomy. Through a review of previous studies, the research highlights the role of digital systems and artificial intelligence in combating this phenomenon and enhancing legal compliance. The study proposes innovative technological solutions, including: * Electronically linking payroll systems with financial institutions to ensure the automatic transfer of tax and social insurance contributions. * Activating smart digital oversight through artificial intelligence and data analytics to proactively detect violations. * Imposing immediate fines and stricter legal penalties on non-compliant companies, thereby helping to reduce the financial gap and improve transparency. The study aims to propose reform policies based on financial technology to enhance tax and social insurance compliance, which would positively contribute to the stability of the Egyptian economy and the protection of workers’ rights.
The Impact of New Digital Media on UAE FDI
The world of business has been dramatically reshaped by the rise of digital media, especially when it comes to foreign direct investment (FDI). The United Arab Emirates (UAE) really showcases this shift; its embrace of digital platforms has boosted connectivity and transparency, drawing in international investors. The UAE government sees attracting and keeping investment as key to economic recovery and growth, understanding that FDI creates jobs and boosts productivity. Now, while many Middle Eastern countries have worked to improve their investment environments, current global economic changes highlight how vital it is to keep strengthening these efforts, especially given the geopolitical tensions and market volatility that affect the region. This paper takes a look at how new digital media impacts FDI trends in the UAE, weighing both the opportunities and potential hurdles.
AI in a Dual Challenge: Creative Remedies for the Hunger and Climate Disasters
No doubt that Artificial intelligence (AI) is shaping the current era. At the same time, climate change is putting agriculture under immense stress—especially in vulnerable, low-resource areas. Rising temperatures, erratic weather, and recurring disasters like droughts and floods are threatening global food production. In this context, sustainable agriculture has become essential for reducing risks and protecting food systems. Nowadays, AI offers powerful solutions. It can forecast climate trends, monitor crop health, and optimize resource use. Through tools like machine learning and computer vision, AI enables smarter farming—helping farmers choose ideal planting windows, detect pests early, and adapt to shifting conditions, to achieve stronger resilience and higher amounts of yields. However, integrating AI into agriculture isn't without challenges. Many developing regions lack the digital infrastructure, finance, and high-quality data needed for effective AI use. While global investment in AI is rapidly growing—with projections reaching $1.39 trillion by 2029—the benefits are unevenly distributed. Added to the environmental concern about the cost of AI, such as high energy use and reliance on scarce materials. To ensure AI contributes to sustainable agriculture and climate action, its development must be guided by ethical principles that promote fairness, transparency, and environmental care. Within this context, this study aims to analyze the current state of the problem, establish sound foundations for its solution, propose several future scenarios, and present a comprehensive set of actionable recommendations for decision-makers.
The Economic Pathway of Intelligent Digital Transformation in Light of the Forecasts of the Fifth Industrial Revolution
Objective: This study examined the economic trajectory of smart digital transformation in the context of the Fifth Industrial Revolution, focusing on its economic and social implications and emerging business models. It also sought to assess successful international experiences and extract key lessons. Methodology: A descriptive-analytical approach was adopted, involving a review of literature on industrial revolutions and digital transformation, analysis of economic and digital indicators from international reports, and examination of applied models in pioneering countries. Results: The findings revealed that the Fifth Industrial Revolution promotes integration between humans and machines, emphasizing sustainability and the bioeconomy. Digital transformation was found to have a positive impact on productivity and economic growth, though challenges remain, including labor market restructuring and widening inequality. The study also identified the rise of new digital business models, such as the sharing economy and subscription economy, and showcased how some countries achieved successful digital transformation through comprehensive strategies. Conclusion: The study concluded with several recommendations: strengthening digital infrastructure, reforming education systems, and updating legislative frameworks. It further stressed the importance of private sector adaptation to these transformations through innovative business models.
The Influence of Website Quality on Customer Purchase Intention through the Mediating Role of E-satisfaction and Flow Experience
To attract customers and ensure a competitive advantage in the e-commerce environment, it is crucial to identify which website attributes encourage customers to purchase by offering them overall satisfaction and online customer experience. Although various website attributes have been widely analysed in the literature based on traditional marketing theories, limited studies have applied the holistic view to categorise these website attributes and online consumer experience in the context of flow state. Inspired by the DeLone and McLean IS model and flow theory, this study represents the first to analyse the effect of website quality as the unified perspective of information quality, system quality, and service quality on purchase intention via the mediation of flow experience and e-satisfaction in online travel agencies. This study conducted an online survey with 442 individuals from Turkey who used an online travel agency during the last 12 months. It confirms that telepresence and enjoyment were strongly influenced by system quality and service quality. Further, telepresence and e-satisfaction had a direct effect on purchase intention, while enjoyment did not impact. E-satisfaction was strongly influenced by information quality. Service quality and system quality positively influenced satisfaction but had less significant impact. In terms of the mediation variable, telepresence had mediating effects on the relationship between system quality and purchase intention. E-satisfaction mediated the impact of information, system, and service quality on purchase intention. However, enjoyment had no mediation role in this study. This research provides various unique contributions to the online consumer behaviour literature and e-retailers.
Blockchain Cryptocurrency New trusted third party or danger for its users
Purpose: This paper explores whether blockchain and cryptocurrencies serve as a new trusted intermediary or pose risks to users. By examining their fundamental characteristics, it assesses how these technologies impact trust in economic and financial systems. Method: A qualitative analysis is conducted, combining a literature review with case studies of blockchain applications across different industries. The study also draws on theoretical perspectives on trust and digital transformation to evaluate the implications of blockchain adoption. Results: Findings highlight blockchain’s potential to enhance trust through decentralization, transparency, and security. However, they also reveal significant risks, including regulatory challenges, cybersecurity threats, and the speculative nature of cryptocurrencies. The study emphasizes the dual nature of blockchain: as a tool for trust-building but also a source of uncertainty and disruption. Originality: While existing research often focuses on either the technological aspects of blockchain or its financial applications, this paper provides a comprehensive perspective by analyzing its role as a trust mechanism. By framing blockchain within the broader concept of trustnomics, the study offers insights into its long-term implications for business models, governance, and society.
AI-Integrated Agroponics for Arid Regions: A Circular Farming Model for Desert Food Security
Arid and desert regions face acute water scarcity, limited arable land, and a heavy reliance on food imports. This paper examines an advanced agroponic system (US Patent 12356905B2) that integrates aquaculture and hydroponics with AI-driven monitoring to enable sustainable crop production in such environments. The technology recirculates water and recycles nutrients from animal (fish) waste in a closed-loop, circular ecological model, providing a rich, natural nutrient solution for plants while purifying water for reuse. We describe the system’s design, including its sensor networks and machine-learning feedback controls, and detail its 5-year pilot operation in the United Arab Emirates (UAE). The pilot demonstrated high productivity and water efficiency, growing a wide variety of crops year-round with up to 80–90% less water than traditional farming methods. We analyse the large-scale benefits of desert agriculture, such as enabling local cultivation of vegetables, fruits, and even grains with minimal water, thereby bolstering food security and socioeconomic resilience. The system’s closed-loop design yields two products (fish protein and crops) while avoiding synthetic fertilisers and pesticides, aligning with organic farming principles and providing a pathway to organic certification. We compare the patented agroponic approach with conventional hydroponics and aquaponics, highlighting its advantages in nutrient diversity, environmental sustainability, and yield predictability under extreme climatic conditions. Finally, we discuss the potential to scale this technology across the Middle East and North Africa (MENA) and Sub-Saharan Africa, and project its role in reducing import dependency, creating rural employment opportunities, and building climate-resilient agricultural systems in non-fertile, dry geographies.
The Nigerian Entrepreneurial Ecosystem: Understanding its Leverage and Exploits
Despite the potential in entrepreneurship to drive economic growth and job creation, there exist some systematic barriers that hinder startup development and scalability, resulting from limited interactions among the components of the entrepreneurial ecosystem. This study examines the persistent challenges constraining Nigeria's entrepreneurial ecosystem in Nigeria. Through a rigorous desk review methodology analyzing secondary data from peer-reviewed journals (2019-2024), government reports (CBN, SMEDAN), and global databases (World Bank, NBS), this research proposed a tripartite framework identifying three interdependent ecosystem components: actors (entrepreneurs, investors, policymakers), factors (institutional frameworks, infrastructure, financing), and support systems (incubators, networks). This proposed novel tripartite framework is built on the existing literature by considering and harvesting all the scattered perspectives on the entrepreneurial ecosystem. The study reveals critical challenges including policy inconsistencies, infrastructural deficits costing businesses $29 billion annually, and financial exclusion affecting 80% of SMEs, alongside emerging opportunities in digital transformation and informal sector resilience. Key findings established that entrepreneurs employ adaptive strategies like fintech solutions and frugal innovation to navigate constraints, though these remain insufficient without structural reforms. The study concludes by recommending policy harmonization through centralized coordination, targeted infrastructure investment, hybrid financing models, ecosystem-aligned education reform, and decentralized support networks - providing stakeholders with a comprehensive framework for transforming Nigeria's entrepreneurial landscape into a catalyst for inclusive economic development.
Child Nutritional Intake Effects on Health Outcomes in Cameroon
The aim of this study is to evaluate the effect of nutritional intake on child health endowments in Cameroon and to verify the heterogeneity effect by household place of residence. The data was obtained from the 2018 Demographic and Health Survey, while the instrumental variable is used to estimate the result. The findings showed the existence of a positive and significant relationship between child nutritional intake and health outcomes and the result is more of rural phenomenon. The study suggest that policy makers should promote the consumption of balance diet among children of under five years old.
Knowledge Creation through the SECI Model: A Case-Based Perspective
The SECI model developrd by IKUJIRO NONAka is aknowledge model that describes how knowledge is created and shared within organizations. The model’s name is an acrony, for four stages of knowledge conversion
The Relation Between Economic Development and Equality Between Men and Women
This paper critically examines the complex relationship between economic development and gender equality, challenging the assumption that growth alone guarantees equity. Through comparative analysis and case studies, including Egypt’s Takaful and Karama programs, it argues for a shift from top-down economic models to locally grounded, inclusive development approaches that address structural gender disparities and contextual realities.
Electronic word of mouth quality and Customer Engagement: The mediating role of Emotional Contagion.
This paper investigates how electronic word of mouth quality and customer interaction drive emotional contagion among Egyptian buyers of electronic equipment. Data were acquired from 312 Egyptians who were represented by users of electronic gadgets and clients of social networking sites. To evaluate the hypotheses, partial least squares structural equation modelling (PLS-SEM) was used. The findings revealed that consumer involvement and emotional contagion were highly influenced by perceived electronic word of mouth quality. Furthermore, the findings revealed that emotional contagion positively affected consumer involvement. Finally, the association between electronic word of mouth quality and consumer involvement was mediated by emotional contagion.
Comparative Analysis of ARIMA, VAR, and Linear Regression Models for UAE GDP Forecasting
Forecasting GDP is crucial for economic planning and policymaking. This study compares the performance of three widely-used econometric models—ARIMA, VAR, and Linear Regression—using GDP data from the UAE. Employing a rolling forecast approach, we analyze the models’ accuracy over different time horizons. Results indicate ARIMA’s robust long-term forecasting capability, LR models perform better with short-term predictions, particularly when exogenous variable forecasts are accurate. These insights provide a valuable foundation for selecting forecasting models in the UAE’s evolving economy, suggesting ARIMA’s suitability for long-term outlooks and LR for short-term, scenario-based forecasts.
Saudi Arabia's Industrial Transformation Since 1976; Industrialization, Diversification and Global Influence, An Empirical Analysis and Forward-Looking recommendations
Over the last four decades, Saudi Arabia has undergone profound industrial transformation starting with the establishment of Saudi Basic Industries Corporation (SABIC) in 1976. This research critically examines the nation's industrialization process, analysing econometric data, historical context, and policy effectiveness. From 1974 to 2018, Saudi manufacturing GDP surged from SAR 32 billion to SAR 319.5 billion, with the share of non-oil manufacturing in total manufacturing rising from to , reflecting real diversification efforts. Current data show industrial sector growth of annually post-2015, a increase in industrial facilities since 2016, and manufacturing accounting for of GDP with aspirations to reach by 2030. Econometric models and predictive analysis underscore the crucial roles of capital accumulation, export sophistication, and labor market reforms. Despite remaining oil-reliant, Saudi Arabia's industrial policies, bolstered by Vision 2030, have positioned the Kingdom as a regional econsauditazion” policy, at same time who give transparent citizenship process to businessmen, talents, investors and leveraging technological adoption for sustainable diversification, who will create the “image” of a diversified country to world public and not more a “oil dependent” to global stakeholders.
The Impact of Multiple Production Lines on the Effectiveness of Quality Management Systems and Internal Controls in Pharmaceutical Manufacturing
Pharmaceutical manufacturing is one of the most highly regulated industries globally due to its direct influence on patient safety and public health. To meet increasing market demand, many pharmaceutical firms operate multiple production lines, each potentially dedicated to a different product category—such as oral tablets, sterile injectables, or topical creams. While this strategy enhances productivity and flexibility, it introduces significant challenges in maintaining effective Quality Management Systems (QMS) and internal controls (Kechagias et al., 2021). The International Council for Harmonization (ICH Q10) emphasizes the importance of a robust pharmaceutical quality system that spans the product lifecycle. However, the complexity of coordinating several production lines can strain systems for batch release, deviation management, validation, and documentation (EMA, 2020). This study explores how such operational complexity affects the integrity and performance of QMS and internal control frameworks in pharmaceutical plants.
The impact of big data on customer experience
While today’s consumers are constantly informed through shopping sites, apps, and social media, they spontaneously share and exchange data on their interests and experiences. Thanks to the Internet, the volume of shared data in the past ten years has surpassed that of all previous human history. However, this ambition reflects a real need to adopt technologies that ensure reliable and intelligent inclusion of customer data. Companies integrating Big Data have become a critical focus in today’s landscape. Today, integrating Big Data appears to be a significant challenge for businesses. The main results of this study have provided insight into the necessary actions focused on key competencies and technical solutions. The interview analysis helped identify the most essential skills and technical solutions required to enhance customer experience through Big Data. Finally, given the rapid evolution of technology, companies must stay informed and continuously monitor technologies on the market to meet customer expectations and adapt to competitors.
The approach for Abu Dhabi’s solar energy: Centralised or Decentralised
This paper evaluates the economic viability of decentralised solar systems in Abu Dhabi. By analysing levelised cost of electricity (LCOE), net present value (NPV), and internal rate of return (IRR) across customer groups, it finds that while rooftop solar generation is not yet cost-effective for heavily subsidised sectors, it remains viable for industrial and commercial users. The study suggests that subsidy reform could significantly improve the financial appeal of decentralised systems, aligning with Abu Dhabi’s decarbonisation targets under the UAE Energy Strategy 2050.
Strategies and Effective Practices to Ensure Diverse Educational Needs of Students with Disabilities are Met in Inclusive Education Environments
Inclusive education ensures equal learning opportunities for all students, including those with disabilities, by fostering diverse and adaptive learning environments. This study explores effective strategies and practices for addressing the diverse educational needs of students with disabilities within inclusive educational settings. It examines key strategies such as individualized needs assessment, curriculum adaptation, teacher training, assistive technology integration, and collaborative partnerships among educators, families, and communities. The research highlights the importance of Individualized Education Plans (IEPs) in personalizing learning experiences and ensuring academic success. Additionally, curriculum modifications and differentiated instruction enhance accessibility, while assistive technology offers innovative tools for student engagement. The role of teacher training is emphasized, as well-trained educators are critical for implementing inclusive practices effectively. Furthermore, fostering strong school-community collaboration strengthens educational support networks and promotes sustainable inclusion. Despite progress, challenges such as limited resources, teacher preparedness, and societal perceptions remain significant barriers. However, the study identifies promising opportunities, including government initiatives, technological advancements, and public-private partnerships that enhance inclusive education in the UAE. This Paper underscores the necessity of policy-driven, evidence-based approaches to inclusive education, advocating for continued research, investment in professional development, and enhanced community engagement to create equitable and effective learning environments for all students.
The Impact of Nepotism on Family Firm Performance: Evidence from Turkish Family Businesses
Nepotism is widespread in family firms, especially in developing counties such as Turkey. A common feature of these countries is the adaption of tribal and peasant social morals into their organizations instead of norms and principles typical of industrial society, which fosters nepotism. Despite its prevalence, the impact of nepotism on firm performance has attracted little attention in such firms and has not been sufficiently examined in the literature. This study seeks to contribute to the underexplored research area by suggesting an explanation for nepotism by analyzing its effects on firm performance. The reasons for nepotism are examined based on institutionalization level, altruism, legislative basis, firm size, Turkish culture, and human resource practices of firms. Moreover, a case study approach is adopted, implementing qualitative semi-structured interviews to provide a depeer understanfing of why nepotism occurs. The study involves seven interviews with the founders and employees of family firms. The findings reveal that each dimension of nepotism as institutionalization, altruism to family, legislative basis, firm size, Turkish culture, and human resource practices has negative impact on firm performance.
Impact of office politics on strategy formulation, execution, and recommended governance in the Arab world
Office politics has been a pervasive issue in the corporate sector across the globe. This issue signifies a high concern for business managers and entrepreneurs working hard to improve the work processes and team-building activities. Political individuals are identified by researchers for a vulgar display of power and control dynamics to create alliances that foster their growth in organizations. Despite being considered a harmful and controversial practice by many scholars, office politics requires more research to cover its benefits for business organizations. This study is conducted to uncover the dynamics of office politics for business organizations by looking at the case in the Arab world. This study argues that organizational politics significantly impacts strategy formulation, execution, and organizational governance in Arab countries. The critical analysis of secondary sources shows that office politics impacts the decision-making of leaders. In several industries in the Arab world, it contributes to workers’ dissatisfaction. However, the study also suggests using office politics for positive purposes to improve decisions regarding employees’ well-being and cultural improvement. Hence, managers must learn more about the negative impacts of office politics on policy and governance and improve their decision-making by using politics as a tool for growth and innovation. This study answers these critical questions related to office politics to cover the research gap and how it can destroy and improve organizations.
Navigating ESG Challenges in GCC Family-Owned Businesses in the UAE and Saudi Arabia: A Qualitative study
Sustainable business plans currently include environmental, social, and governance (ESG) factors as essential elements. However, incorporating ESG principles is still a major obstacle in the Gulf Cooperation Council (GCC), especially for family-run businesses in Saudi Arabia and the United Arab Emirates. This research explores the ESG-related difficulties that these companies face whilst pinpointing the primary obstacles to successful ESG adoption. By employing a qualitative approach encompassing in-depth interviews from 15 participants, the study identifies major themes such as lack of transparency in governance structures, lack of ESG awareness and competence, underdeveloped legislative frameworks, and deeply ingrained sociocultural norms as impediments in embracing ESG. In order to promote ethical and sustainable corporate practices throughout the GCC, the results highlight the urgent need for context-specific ESG frameworks and more regional regulatory norm alignment.
The Effectiveness of Utilizing Artificial Intelligence (AI)-Based Technologies and Applications in Improving Results for Arson Investigation
This article aimed to determine the effectiveness of (Machine Learning, Artificial Neural Networks, Pattern Recognition and Data Analysis, and Fire Dynamics Simulations) in improving the results of arson investigations in the United Arab Emirates (UAE). The research relied on the descriptive method. The study community consisted of all members of the teams specializing in fire investigations. The research sample was taken using a simple random method that included (74) individuals from the research community. The researcher relied on the questionnaire as the main instrument for collecting data from the study sample. The results of the study showed that artificial intelligence techniques (Machine Learning, Artificial Neural Networks, Pattern Recognition and Data Analysis, and Fire Dynamics Simulations) can be effective in improving the results of arson investigations. The study recommended providing training programs to investigators on how to make full use of AI techniques in the investigation process.
Factors Attracting Young Generations to Online Trading A Case Study
This research addresses the factors attracting young generations to online trading. As it was noted in the recent 5 years, mainly during and after the COVID-19 pandemic, a great interest in online trading markets was noted, especially within the young generation of ages between 18-35 years old. Fintech Asset Pro SDN. BHD. was taken as a sample to study the described case within Kuala Lumpur, Malaysia, between the years 2019 to 2023. The percentages of growth in online traders between the years 2019 to 2023 show that the number of traders within the age bracket (18-35 years old) is growing on a yearly basis, where a 20% increase in the year 2020 compared to the base year 2019 and up to 564% in the year 2023 is a strong indicator of young people's mindset. The strong and continuous growth in the numbers of online traders within the age bracket (18-35 years old) implies that this trend of growth in the number of youth willing to enter the online trading markets. An increase in online trading volume of $15,124,500.02 $ to $259,810,715.44 $ has occurred between the years 2019 (base year) and 2023, which was made by online trades of ages between 18-35 yrs. This increase represents a significant jump of 1618%. The research has found that the factors attracting the young generation to online trading, as per answers to questionnaires sent to 54 traders and 5 professional experts, were easier profit, less physical work, more options for work, Less restrictions, and official paperwork. The research main recommendations are to fully legalize online trading and make necessary regulations to protect the interests of all stakeholders, strengthen safety and security procedures to protect traders, improve the education system to target online trading in different levels of education, and remove obstacles on electronic payment and transaction crypto currency. The researcher found out the topic of online trading has a strong potential for further studies and extensive analysis. The following are suggestions of further research topics: The effect of artificial intelligence (AI) and robotics on online trading, Risk management in online trading markets, Supplementary regulatory requirements for online trading, Develop set ethics and governance for online trading, How supply chains work in online trading markets, Effect of trading hubs on commodity costs, Types and how trading hubs/platforms work in the financial markets, and study if the COVID-19 pandemic has a permanent effect on boosting online trading and how it affected customer-supplier preferences.
Partnership As an Approach to Finance SMEs
Financing SMEs is considered one of the most important tools in middle east. To support SMEs, and sustain their business, the existence of financial solutions that comply with the Islamic rules will provide more alternatives for SMEs to finance their short-term obligations represented in profit and loss sharing tools (Musharakah and Modaraba). This study is based on using partnership as an approach to finance SMEs. The study was conducted in Kingdom of Bahrain. Recently, many financial institutions started to adopt many Islamic financial tools. The purpose of this study is exploring how the partnership is different from the traditional financial solutions and the impact of it on nonbanking financial institutions and on the financial services. The study was conducted through a five-points Likert scale questionnaire as the research instrument. The respondents of the study are the employees in nonbanking financial service providers and SMEs in Bahrain. The statistical techniques used in the study are Correlation Analysis, General Linear Model Structural Equation Methods and Path Analysis. The results showed a strong positive and significant correlation between partnership, non-banking financial institutions, financial services and SMEs. The study provides suggestions and recommendations for SMEs in Kingdom of Bahrain to have more alternatives to finance their operations.
Mitigating Financial Risks in Modern Businesses: Strategies for Market Volatility and Credit Risk Management
The exponential increase in bankruptcy risks in competitive business environments necessitates the implementation of effective risk management strategies to ensure sustainability and growth. This paper explores how companies and startups address financial risks such as market volatility and credit risk, which are critical in today's dynamic economic landscape. Techniques like hedging, which involves purchasing insurance for assets, and diversification, an investment strategy that spreads investments across various income sources, are highlighted as crucial methods for mitigating these risks. Additionally, innovative solutions for managing credit risk, including the use of sophisticated credit scores and setting prudent credit limits, are discussed in detail. Real-world examples, such as how Southwest Airlines uses futures contracts to hedge against fuel price fluctuations and how Tesla diversifies its product line, are provided to illustrate the effectiveness of these strategies. These insights demonstrate the practical application and benefits of robust financial risk management.
The Impact of Cosmopolitanism Disposition on Consumers’ Willingness to Pay Price Premium Toward Global Vs Local Brands
In response to the limited research concerning the evaluation of global and local brands by emerging market consumers, this study explores the role of consumer cosmopolitanism in shaping attitudes and willingness to pay premium prices. The research, conducted in Cairo using a mall intercept method with 385 respondents, employs Structural Equation Modeling (SEM) to analyze the data. Each participant evaluates one global and one local brand within the home appliances category. The study not only addresses a significant research gap but also innovatively profiles and segments cosmopolitan consumers, shedding light on their preferences and behaviors. The findings offer crucial insights for both marketing researchers and brand managers, guiding them in formulating appropriate strategies for global and local brands in emerging markets. This research stands out for its exploration of the intricate mechanisms behind consumer cosmopolitanism and its influence on consumers' willingness to invest in global brands over local counterparts, making a valuable contribution to the existing literature
Forecasting Washington State's Housing Market: A Comparative Analysis of Time Series Models and Economic Indicators
This study examines Washington State's housing market by analyzing the relationship between new private housing units authorized by building permits and various economic indicators. Initially, an Ordinary Least Squares regression model was employed, which indicated significant autocorrelation in the residuals, as identified by the Durbin-Watson statistic. To address the autocorrelation and non-stationarity detected through the Augmented Dickey-Fuller and Ljung-Box tests, we employed differencing followed by ARIMA and Holt-Winters Exponential Smoothing models. The Holt-Winters model, in particular, proved more effective, showing lower prediction errors and providing a more accurate forecast, thus emerging as the preferred method for forecasting in this market context.
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