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Flagship launch seeks to accelerate growth in the UAE’s internet economy 06 Apr, 2021 Today Stripe, a global technology company that builds economic infrastructure for the internet, announced its official launch in the United Arab Emirates.   Stripe has marked its entry into the region with the launch of its UAE office, in Dubai Internet City, which will be Stripe’s first office in the Middle East. A major milestone, today’s launch marks Stripe’s first expansion into the Middle East.   Businesses operating online in the UAE can use Stripe to accept online payments, make ...

97.6 per cent of the population in the UAE owns smartphones

DUBAI, 6th March, 2021 (WAM) -- The Telecommunications and Digital Government Regulatory Authority has appreciated the data insights by the World Digital Report 2021, published in partnership between "We Are Social" and "Hoot suite". The report sheds light on the digital lifestyle in the UAE, based on group data that monitored individuals and companies' behavior during the year 2020, which witnessed the coronavirus pandemic. The report revealed the total value of digital payment transactions in the UAE during 2020 reached US$18.50 billion and indicated that...

UAE residents spend more than 7 hours a day online Waheed Abbas/Dubai Reuters file photo used for illustrative purpose. Most popular website and social media platform revealed, as report says residents spent 320 million hours on smart phones in 2020. The total value of digital payments in the UAE reached $18.50 billion (Dh68 billion) in 2020, as residents on average spent 7.24 hours on the Internet per day, according to a new report released on Saturday. According to the World Digital Report 2021, a resident spent 40 hours per week browsing the Internet via a smartphone, while 86 per cent of ...

The findings on the country's digital lifestyle were published in the World Digital Report