UAE has the largest smartphone penetration rate that has encouraged the rise of mobile commerce (or m-commerce). M-proportion commerce s of the UAE s eCommerce sector has climbed from 29% in 2015 to 42% in 2020.
Dubai, UAE April 27th 2022: Leading luxury real estate developer DAMAC Properties has announced that the company is stepping up to serve the digital economy by facilitating the conversion to fiat, and the sale of property to holders of Bitcoin and Ethereum.
Dubai, UAE Aug 29, 2021: Dubai’s security and safety combined with its tackling of the Covid-19 pandemic are some of the main factors attributed to a recent rise in the number of international buyers in the city’s real estate, according to a survey conducted by DAMAC with real estate brokers and agents in the UAE.
The United Arab Emirates (UAE) has extended the term of USD 2 billion interest-free loan to Pakistan made in January 2019, as Islamabad s economy continues to struggle with sluggish growth amid the coronavirus pandemic.
Pakistan foreign office made the announcement on Tuesday a day after a meeting between Pakistan Foreign Minister Shah Mahmood Qureshi and his UAE counterpart Sheikh Abdullah bin Zayed Al Nahyan, Dawn reported. Qureshi and his UAE counterpart held detailed discussions on Monday evening after the delegation-level talks during the foreign minister s three-day visit to the Gulf state. The loan was made in 2019 to help Pakistan avert a potential balance of payments crisis.