Dubai saw remarkable growth in medical tourism in 2022 with 674,000 medical tourists spending AED992 million in the year, an increase of AED262 million from 2021. According to a report issued by the Dubai Health Authority (DHA), 39% per cent of the medical tourists who came to Dubai were from Asian countries, 22% from Europe […]

In this dynamically evolving financial services ecosystem, success is underpinned by fool-proof strategy driven by customer innovation at the crux. Recent seismic shifts post the pandemic has led to vast adoption and penetration of digital services across the board, irrespective of the industry. Lifestyle brands, ecommerce websites, social media and OTT platforms have earmarked a […]

Mashreq, one of the leading financial institutions in the Middle East and Africa (MENA) region, has joined the World Green Building Council’s (WorldGBC) Advancing Net Zero Readiness Framework as a Collaborator in the MENA region. The initiative aims to build a community of Net Zero Collaborators to increase confidence and speed up the investment for […]

Sila Insights, the Dubai-based AI-powered consumer intelligence company, today unveiled the findings of The Ramadan Shift, a thought-provoking study that examined the changing lifestyle priorities of Gen Z and millennials during the Holy Month. According to the study, Ramadan pursuits are becoming more individualistic, reflecting changing demographics, media consumption habits and lifestyle choices. This is […]

Today, Mastercard introduced Cross-BorderServices Express, a new tool that enables financial institutions to seamlessly set up international payments for their customers, including consumers and small and medium sized enterprises (SMEs), which have a strong need for improved cross-border payment capabilities. Increasingly,consumers and businesses are looking for ways to send money or pay vendors across the […]