Pandemic speeds up UAE’s transition to cashless ecosystem issacjohn@khaleejtimes.com Filed on December 29, 2020
A recent poll by Standard Chartered found that 73 per cent of the UAE’s respondents believe Covid-19 has made them more positive about online shopping
UAE residents also are among the top 10 globally when it comes to spending time on the internet and social media, averaging seven hours and 54 minutes daily
The Covid-19 pandemic has accelerated the UAE’s transition to a cashless society by increasing people’s trust in digital transactions and online banking, but still 63 per cent of the people in the country remain either unbanked or under-banked, a senior Dubai Economy official said on Tuesday.
Dubai Economy sharpens focus on Circular Economy reporters@khaleejtimes.com Filed on December 23, 2020
Unlike traditional linear economy, circular economy focuses on improving resource efficiencies and reducing/eliminating waste by depending on re-use, sharing, repair, regeneration, re-manufacturing and recycling.
Dubai Executive Council’s 2021 agenda focus on ‘Creating a Digital and Circular Economy’ provides new momentum to the initiative
Dubai Economy is strengthening its initiative launched earlier this year to bring together key industry sectors and stakeholders in an all-encompassing journey towards transitioning Dubai into a circular economy in line with the vision of the leadership and strategic plans of the government.
Dubai Economy Sharpens Focus On Circular Economy In Preparation For Next 50 Years #Dubai dubaicityguide.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dubaicityguide.com Daily Mail and Mail on Sunday newspapers.
Speaking at the first virtual UAE-Israel Business Leaders Summit, co-hosted by Gulf News and TheMarker, Alsaadi expects Israeli firms to “join in research and development, (and) commercialize innovation in a sector that can be scaled regionally and globally. We look forward to enhancing collaborative efforts of the both nations to create a sustainable future.”
► Register for The UAE-Israel Business Leaders Summit 2020
Huge potential
“The potential of trade between the two countries is huge, with estimates ranging from around half a billion dollars in the very first year, and reaching to $5 billion to $6 billion a year,” said Samir Chaturvedi, CEO of KIZAD, who was also speaking at the three-day event co-hosted by
UAE and Israel can together emerge as AI superpowers gulfnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfnews.com Daily Mail and Mail on Sunday newspapers.