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.
UAE foreign minister holds diplomatic talks on regional developments
His Highness Sheikh Abdullah bin Zayed Al Nahyan, UAE Deputy Prime Minister and Minister of Foreign Affairs, has discussed the latest developments in the Middle East during a series of phone calls with regional and international counterparts.
UAE President, Kuwaiti Emir discuss stronger bilateral ties
The UAE and Kuwait have reaffirmed their commitment to closer economic and development cooperation following talks between President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Kuwaiti Emir Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah.
Abu Dhabi student crowned UAE champion of Arab Reading Challenge
Grade 6 student Danah Adel Al Zarouni has been crowned the UAE Champion of the 10th Arab Reading Challenge and will go on to represent the country in the overall finals.
UAE strongly condemns renewed hostile Iranian attacks on Bahrain, Kuwait
The UAE has strongly condemned hostile Iranian attacks targeting Bahrain and Kuwait for a second night in a row, calling it a "threat" to regional security and stability.
UAE, Germany explore ways to expand cooperation across key sectors
The UAE and Germany have underscored the importance of public-private sector partnerships in key sectors and explored ways to enhance cooperation in energy, water technology, mobility, digital infrastructure and space.
UAE President arrives in Kuwait on fraternal visit
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has arrived in Kuwait on a fraternal visit.
UAE condemns hostile Iranian attack on Saudi tanker
The UAE has strongly condemned the hostile Iranian attack targeting Saudi Arabia's 'Wedyan' tanker while it was transiting the Strait of Hormuz.
H.H. Sheikh Hamdan meets gold medallists of International Greenwich Olympiad
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai's Crown Prince, has congratulated the team from Dubai Schools – Al Khawaneej for winning the gold medal at the International Greenwich Olympiad.
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