For many people in the UAE, cash is dying. According to the latest data supplied by a market research firm, UAE consumers are increasingly living in a cashless world and abandoning their beloved paper bills and coins in favour of plastic money. From paying for everyday things, restaurant meals and …
Read More »Costs rise at sharpest pace for UAE’s private sector businesses
Input costs for UAE’s private sector businesses rose at the fastest pace in 74 months during January, primarily as a result of the rollout of VAT. But across the board, businesses were able to report a fairly strong start to the year, according to the latest Emirates NBD Purchasing Managers’ …
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