Silicon Oasis Leads The Way

Dubai Silicon Oasis (DSO), a government-owned free zone technology park, has confirmed the launch of Oracle's E-Business Suite as it looks to achieve integration, scalability and streamlining of business processes. DSO stated that it has acquired a range of Oracle applications including Oracle Customer Relationship Management, Oracle Property Manager, Enterprise Asset Management, Oracle Projects and Oracle Fusion components.

The free zone authority claimed that the Oracle products have provided DSO with fitting solutions to address issues in transparency, consistency and control of processes, decision-making and management reporting. Shahla Ahmed Abdul Razak, deputy chief executive officer at DSO, commented: "As a leading centre of advanced innovation, design and development, DSO is keen to optimise the quality of its operations, processes and services including e-services to create more opportunities for growth.

"The Oracle E-Business Suite products have matched our business requirements for an integrated IT application that provides an end-to-end view across diverse lines of business and facilitates driving performance with consistent information."

DSO caters to semiconductor, microelectronic and other high technology-based companies looking to set up their regional headquarters and R&D facilities in the Middle East and Africa region.

Potential FZ-LLC, a leading business development company based in Dubai, is among those launching the UAE 25 contest with a view to encouraging competition among small and medium-sized enterprises (SMEs) in the country. The UAE 25 is part of the Arabia 500, which covers the Middle East and North Africa and will see the winners recognised as global standard entrepreneurs among the fastest-growing and best performing private companies across the regions. With a resurgent economy, places in the UAE have benefitted from a resilient market in Dubai leading to greater investor confidence.

Working in partnership with AllWorld Network, a US-based global economic development firm, and Professor Michael Porter of the Harvard Business School, Potential claim that becoming part of the UAE 25 will enable companies to earn powerful local and global endorsement and boost the morale of their employees and investors.

Companies compete for a spot on the UAE 25 based on their growth rate recorded in their annual revenues for the years between 2007 and 2009.

They must also prove that they have been able to grow at a very fast rate during these years while meeting the international standards of competitive entrepreneurship. Companies can visit the Arabia 500 web page at AllWorldLive.com to find out more and apply for free.

Other Arabia 500 programmes include the Saudi 100, Jordan 25, Lebanon 25 and Egypt 25.