Friday 27 November 2020

Millennials hardest hit by pandemic in UAE: survey

Millennials in the UAE have found it harder than older generations with 78 per cent finding managing their money more difficult compared to 61 per cent of those over 45, since the start of the Covid-19 outbreak, according to Standard Chartered’s latest global survey. Millen


E-commerce sales slump in developing countries

Even though Covid-19 has pushed more consumers in developing countries to buy online, many e-commerce businesses in these nations have seen a slump in sales, said the United Nations Conference on Trade and Development (UNCTAD) in a new report. Presenting hard-to-collect data from


The investment scene in the UAE today

The United Arab Emirates (UAE), a country which once heavily relied on fishing and pearl trade, has become an attractive investments hub. Growth in the UAE’s foreign investments sector has been fast accelerating, and its diverse economy and stable political scene continue to make the coun


More govt control seen as Covid exposes security flaws

Governments worldwide are considering and enacting laws and regulations to protect digital transactions, with the Covid-19 pandemic further increasing the focus on remote banking, telehealth and essential activities, a report said.  This is in large part due to the pandemic


Healthcare most innovative industry in 2020: GE

The healthcare industry has outperformed all other sectors with respect to innovation progress in 2020, 9% more than the next most innovative industry, the telecoms/internet industry, according to the latest GE Global Innovation Barometer. The private sector is seen as taking a l


Letter to G20: The road to recovery will be digital first

Following the recent B20 summit in Riyadh, co-chairs of the inaugural Digitalization Taskforce Börje Ekholm and Erik Ekudden have called on G20 policy makers and enterprises to work together to build a strong foundation for tomorrow’s innovation and economic opportunity.


Deloitte study: Is your bank ready for tomorrow?

Professional services firm Deloitte has launched a report exploring key technologies in the banking sector from those at the frontier of today, to ones that form the bridge to tomorrow, and others which seem to be hovering over the horizon. Titled "Evolving the trends",


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