With online shopping, mobile banking, and digital payments becoming part of everyday life in the UAE, credit cards are more exposed to fraud and cybercrime than ever before. Experts warn that scams are evolving fast, making it crucial for residents to strengthen their security habits, use available bank tools, and stay vigilant to safeguard their money.
The UAE has launched Aani, an instant payments platform that allows residents to transfer money using only a mobile number. With transactions completed within 10 seconds, the system offers a fast, secure, and convenient way for individuals and businesses to send funds across the country without needing traditional bank account details.
Read MoreThe UAE is preparing to roll out e-invoicing, a major step towards digital transformation in business and finance. This move aims to improve efficiency, transparency, and compliance for companies across all sectors. Businesses are now urged to start preparing for the transition, as e-invoicing will not only streamline tax processes but also enhance record-keeping and reduce errors.
Read MoreThe Federal Tax Authority (FTA) has reminded UAE businesses that corporate tax compliance is not optional, failure to maintain proper records/file returns on time could result in steep penalties. From keeping 7 years’ worth of financial documents to meeting strict filing deadlines, companies are now under increasing pressure to stay fully compliant as UAE strengthens its corporate tax framework.
Read MoreAmid global gold price volatility, UAE shoppers are increasingly swapping old gold jewellery for VAT-free gold bars—a shift driven by investment thinking and the desire to capitalize on current high rates. What’s behind this gold exchange boom, and what does it mean for the market moving forward?
Read MoreUAE residents can now build a reliable secondary income stream with just a Dh1,000 monthly investment—thanks to the “Second Salary” programme by National Bonds, offering flexibility, guaranteed returns, and even a rewards-based incentive structure.
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