Dubai: Sit on your couch, and pay off your bills, save some money, invest those savings, do some interest-free installment shopping, and while you’re at it, don’t forget to pay your friend back for that lunch. The coronavirus pandemic economically crippled many individuals and businesses, but it also gave rise to a number of companies who offered people in the UAE exactly what they needed in that hour – easier, contactless, budget-friendly ways to handle and spend money, right from home.
Financial services integrated with the latest technology for automation, or FinTech, has been around for some time – if one considers everything starting from the world s first ATM in 1967. However, the coined term itself became very popular in only the last couple of decades, with the internet, the smartphone age, and everything that came after that.
Abu Dhabi Ports to drive growth in business through innovation
11 Feb 2021 Abu Dhabi Ports to highlight more than 2,100 ideas submitted by employees and stakeholders in 2020.
As part of its continued effort to drive the evolution and growth of its business through innovation, Abu Dhabi Ports, part of ADQ - one of the region’s largest holding companies, is undertaking its most ambitious month-long roster of innovation activities planned to date.
Comprising a wide array of events and activities, the emirate’s dedicated maritime, ports, and logistics trade enabler’s four-week festival of innovation has been organised in conjunction with UAE Innovates, held this year from Feb.21-27, under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.
Abu Dhabi Ports Advances a Culture of Innovation to Transform Trade
As part of its continued effort to drive the evolution and growth of its business through innovation, Abu Dhabi Ports, part of ADQ – one of the region’s largest holding companies, is undertaking its most ambitious month-long roster of innovation activities planned to date.
Comprising a wide array of events and activities, the emirate’s dedicated maritime, ports, and logistics trade enabler’s four-week festival of innovation has been organised in conjunction with UAE Innovates, held this year from 21-27 February, under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.
By Gulf News 2021-02-05T09:43:00+00:00
The UAE economy poised for a fast recovery from the impact of COVID-19 and an overall transformation, according to the Institute International Finance.
Although the economic recovery in 2021 is expected to be limited, the IIF believes it is going through some fundamental transformation that will help it its future growth
“We expect modest economic recovery in 2021 with real GDP growing by 2.3 per cent, following a contraction of 5.7 per cent in 2020. The recovery will be supported by the partial recovery in domestic demand and an increase in net exports. Our projections assume that the pandemic will be contained, and oil prices pick up to $52$/bbl in 2021,” said Garbis Iradian, Chief Economist, MENA, IIF.