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.
Dubai to launch drone delivery services at parks, beaches
Dubai is set to roll out drone delivery services across selected public parks and beaches as part of its push to enhance smart mobility and visitor convenience.
UAE, India ink defence, energy partnerships as Sheikh Mohamed meets Modi
The UAE and India have agreed the framework for a strategic defence partnership following talks between President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Indian Prime Minister Narendra Modi on Friday.
UAE issues advisory over Danalac infant formula
UAE authorities have confirmed that Danalac infant formula is not registered in the country and has not been imported through official channels.
H.H. Sheikh Mohammed opens DEWA's 'largest, smartest net-zero energy' HQ
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has inaugurated Dubai Electricity and Water Authority's headquarters - Al Shera’a (known as sail in Arabic) - in Al Jaddaf.
