By 2020 more transactions will be completed with digital payments than cash in the UAE. That’s according to the digital payments service company, Triple, which says that 75% of transactions in the UAE currently use cash, but that figure is set to plunge. It’s as demand is increasing for technology such as mobile wallets, electronic payments and global money transfers. Triple adds that consumers, including the ‘unbanked', are looking for more convenient ways to spend, send and receive money.
MOHRE to host New Year’s Eve celebrations for workers across the UAE
The Ministry of Human Resources and Emiratisation (MOHRE) has announced plans to organise a series of New Year’s Eve celebrations for workers across the UAE, under the theme "Happy Workers, Thriving Business".
Dubai Free Zones council highlights 2024 achievements and future plans
The Dubai Free Zones Council (DFZC) has confirmed that the performance of Dubai's free zones in 2024 is a result of their ongoing commitment to economic diversification, aligning with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai.
UAE leaders condole Azerbaijan over victims of air crash
President His Highness Sheikh Mohamed bin Zayed Al Nahyan and other Emirati leaders expressed solidarity with Azerbaijan over the Azerbaijan Airlines plane crash in Kazakhstan, which killed and injured dozens.
Travel time in Dubai's Nad Al Sheba cut by up to 60%
Dubai’s Roads and Transport Authority (RTA) has completed a series of traffic improvements in the Nad Al Sheba area, designed to boost road efficiency and ease congestion.
