In a significant move towards enhancing the UAE’s financial ecosystem, Al Etihad Payments, a subsidiary of the Central Bank of the UAE (CBUAE), has announced a strategic partnership with Visa. The collaboration introduces Jaywan-Visa debit and prepaid cards, reinforcing the nation’s commitment to digital transformation and financial accessibility. Revolutionizing Payment Systems in the UAE The…
Small and medium-sized enterprises (SMEs) are increasingly expanding into global markets, yet cross-border transactions pose significant challenges, including high costs, compliance complexities, and security risks. Fintech innovations like WorldFirst are transforming international business by streamlining payments and offering secure, cost-effective digital financial solutions. Simplifying International Payments for SMEs WorldFirst, a leading cross-border payment service provider,…
Residents of Dubai can now renew their visas in record time, thanks to the newly launched Salama platform by the General Directorate of Residency and Foreigners Affairs (GDRFA). This AI-powered digital system streamlines the renewal process, cutting down waiting periods and eliminating paperwork. The innovative platform allows users to renew their residency visas within a…
Dubai is famous for its sightseeing attractions, skyscrapers, shopping malls, luxurious hotels, highways, and tourism. ‘Green’ isn’t the word that comes to your mind when talking about Dubai. A lot of work is being done to turn the city eco-friendly while keeping the things it’s famed for. Projects in both, private and public sectors, are…
The United Arab Emirates (UAE) has been associated with oil and lavish tourism for decades. Yet, the UAE may exceed Silicon Valley’s technological prominence in the next 10 years. Dubai also has a strong history of the pioneering digital revolution in the Middle East. Now, in a bid to make it the world’s first blockchain-powered…
The United Arab Emirates (UAE) has made great strides in the energy sector, which includes both the performance in the energy system as well as the readiness for energy transition. According to the latest edition of the World Economic Forum’s (WEFs) Fostering Effective Energy Transition 2020 report, UAE is at 63 in the global rankings…