Around 1.7 million people (32% of the total population) in the UAE are unbanked, earning approximately AED 2,494 per month (~ $679) as per the data released by the UAE Federal Competitiveness and Statistics Authority.
While you become your boss when you work as a freelancer in the UAE, you also may deal with some problems, and the most common problem related to freelancing is getting paid on time. You send an invoice to the client and then chase the client for the payment, and after many reminders, you finally receive the money in your bank account.
The United Arab Emirates is the second-largest country in the world for remittances which means a large population of the country sends money internationally across countries. However, the majority of the workers in the UAE do not even have a bank account.
While digitization is happening across most sectors such as banking, telecommunications, health, etc., educational institutes and schools are also not behind the race. The concept of homeschooling and smart learning are emerging as we see new transformations in the academic industry.
“I received a text message from DEWA that alerted us that our water consumption is 70% higher than our regular use. Upon investigating, my husband found that one of the bathrooms had a leakage that we generally would not have been able to find out.”
One of the major drivers for the United Arab Emirates (UAE) consumers to turn more digital about payments is the global pandemic. People started adopting digital ways (e-wallets, payment links, etc.) to make payments and money transfers.
Get ready for a spectacular Eid in Dubai. This year is going to be a grand-all-out affair, compared to the subdued Eid al Fitr of last year. Expect big, bigger, and biggest events happening this Eid as expats and UAE nationals take to the streets. With 9-days Eid al Fitr holidays for UAE nationals and 5-days for expats, you have ample opportunities to be out and about Dubai.
Thinking about freelancing in the UAE? You are not alone. Almost 90 percent of office workers want to quit their 9 to 5 jobs and start a freelancing business. With the UAE economy recovering from the Covid aftermath, the job opportunities for freelancers in the region are on an upward trend.
NFC (Near Field Communication) is a comparatively short wireless networking technology based on standards that are increasingly being used in consumer and professional electronics, notably for integrating mobile devices as a way of sharing digital content. Users can use Near Field Communication (NFC) technology to make secure transactions, share digital data and content, and connect electronic devices with a single tap. NFC broadcasts have a small range (from a few centimeters to a few inches) and require the devices to be close together.
With Ramadan coming up soon, you need to stock up on all the essentials you need. The holy month is the perfect time for self-reflection and requires endless determination. Fasting can become an easier task if it’s done the right way. Not doing so might make you feel more tired than usual, which is exactly why you should prepare your Ramadan checklist beforehand.