Across the world, nations are engaged in a race to move to a cashless economy. At first glance, the UAE looks to be a long way off with 75 per cent of all transactions still made using cash, but the country is laying the foundations to go digital. Read more… Advertisements

UAE to set up Emirates Trade Bank

Dubai: Department of Economic Development (DED) with the support of Dubai Islamic Economy Development Centre (DIEDC) is in discussions with the UAE Central Bank for the establishment of Emirates Trade Bank, specializing in international trade and commodity financing. Read more…