Business Intelligence Information System to share insights on Dubai businesses

The Dubai Chamber of Commerce and Industry has launched the Business Intelligence Information System (BIIS) smart platform, which aims to change the way business information is shared and used.

The new platform was launched in line with HH Sheikh Mohammed bin Rashid Al Maktoum, VP and PM of the UAE and Ruler of Dubai’s vision to transform Dubai into a smart city, and gives users one-stop access to important information about local and foreign businesses, enabling companies to research prospective partners and make more informed decisions.

Users on the platform can access research reports and statistics covering exports, economic data by country, and product groups. The system also features a Trusted Member Label for e-commerce platforms.

HE Hamad Buamim, President and CEO, Dubai Chamber, noted that the new service fills an information gap. He explained that BIIS will also enhance transparency within the local business community, and provide more reliable information about Dubai-based companies to foreign firms and investors, which is essential to securing trade partnerships.

HE Buamim said, “As part of its innovation strategy, the chamber is working to create an intelligent business community which is capable of keeping pace with the emirate’s rapid economic development. This platform is the first of its kind in terms of resources that provide comprehensive access to corporate information. We are confident that it will improve the ease of doing business in the emirate and enhance its reputation as a leading global business hub.”

The launch of the platform follows Dubai Chamber’s innovation strategy announced last year which is focused on supporting creativity and innovative solutions in the private sector. The chamber had previously launched smart business and mediation applications as part of its efforts to build a fully-integrated mobile community and help its members connect to Dubai’s business community.

Popular Moody's courses in Singapore include those on credit documentation and credit rating analyses

The following seminars are some of the most popular in Singapore, according to Moody's Analytics:

Covenants and Documentation

November 11 | Singapore | US$1,695 | 

The seminar will focus on how financial professionals should review credit documentation, and what pitfalls to look out for in this process. The course will focus on covenants and other features designed to protect investor interests and emphasize ways in which these defensive tools can be undermined by creative drafting. Moody's methodology for evaluating covenants in bond indentures will be discussed, and participants will learn how Moody's framework for assessing covenant quality can be applied to their daily work.

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Corporate Credit Rating Analysis

November 17 to 19 | Singapore | US$3,895 |  

This seminar provides delegates with an understanding of the rating practices employed by Moody's Investors Service for assessing corporate credit risk – from rating methodologies and financial ratios to a rating committee simulation. Designed as an intermediate level course, the underlying goal is to improve delegates' use of ratings in their work.

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View Moody's Analytics' full Public Seminar suite 

A number of new courses to its portfolio have been added, none of which have upcoming dates listed for the Asia Pacific or Middle East regions as yet. These include:

• Capital Structure From IPO to Distress
• Corporate Governance - Applications and Implementation
• Debt Capital Markets
• Risk Culture Building Workshop
• Understanding Truthful and Deceptive Communication

Know where you stand on social media with Socialbakers' Social Health Index

Socialbakers, a social media analytics and optimisation company, has introduced its Social Health Index, which was developed in partnership with Lenovo. The industry benchmark provides brands with a single assessment of their social marketing performance across platforms, allowing them to easily measure and compare their entire social footprint in relation to their competitors over time.

"The Social Health Index is the first industry benchmark that puts brands' social marketing performance into context," said Jan Rezab, CEO and Co-Founder of Socialbakers. "Brands need a way to quantify their return on investment into social relative to their competition. Our development of this index with Lenovo provides a simple way for brands in any industry to do this."

The Social Health Index traces a brand's social performance on Facebook, Twitter, and YouTube and combines it into one single rating. Brands are scored on four metrics key to core business goals - participation of the social audience, acquisition of new community members, retention of the brand's audience, and the shareability and effectiveness of content.

"Lenovo is constantly looking for ways to evaluate the approaches we take in engaging with our customers such as through conversations on our global Twitter handles or through our close to 60 Facebook pages across the organization," said Rod Strother, Director, Digital and Social Center of Excellence at Lenovo. 

"We recognised the need for an easy way to benchmark our use of social platforms against others in the industry and share this information in a digestible format with Lenovo executives. Socialbakers was the perfect partner with whom to develop this index due to the company's dedication to providing brands with competitive intelligence insights."

The Social Health Index is now available as part of Socialbakers' executive dashboard. Read the associated blog post here.