E-commerce sites have reportedly seen a 98 per cent increase in the use of digital payments and a 75 per cent drop in cash on delivery.
While this rise in contactless digital payments can be attributed to safety during the pandemic, there was also a notable rise in online fraud attempts.
Four in ten UAE consumers have experienced online fraud attempts, according to a survey conducted by Dubai Police, Dubai Economy, and Visa.
"As people spend more and more time online, including many for the first time, fraudsters are using this as an opportunity to exploit consumers’ fears and lack of knowledge," says Brigadier Jamal Salem Al Jalaf, Director of Criminal Investigation Department in Dubai Police.
Despite this finding, contactless payments via cards and mobile wallets have risen in popularity, with nearly two-thirds of consumers saying they have “high levels of confidence” in digital payments.
These trends are expected to persist even after the effects of the pandemic wane.
OPEC+ agreed on Saturday to raise production by 548,000 barrels per day in August, further accelerating output increases at its first meeting since oil prices jumped - and then retreated - following Israeli and US attacks on Iran.
The United Arab Emirates has consolidated its status as a leading force and key player in the digital nomad economy, rising to second place globally as a top destination for digital nomads in 2025.
A walkout by French air traffic controllers to protest against staff shortages and ageing equipment forced airlines to cancel hundreds of flights on Thursday, just as the summer season gets under way.
Abu Dhabi’s economy continues to show strong momentum in 2025, with new data from the Statistics Centre–Abu Dhabi revealing a GDP of AED 291 billion in the first quarter, up 3.4 per cent year-on-year.
Dubai has launched a programme for first-time home buyers, aiming to make homeownership more accessible and affordable by facilitating priority access to new launches, preferential pricing and tailored mortgage solutions.
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