Emirates NBD has made headlines by becoming the first bank in the UAE to introduce Visa+, a service designed to simplify international money transfers. In collaboration with Visa, a prominent player in digital payments, the bank aims to provide its customers with a faster, secure, and more efficient method to send money to Visa cardholders...
Egypt has officially introduced a new instant international money transfer service that allows citizens to receive remittances directly from the United Arab Emirates and Saudi Arabia. This service operates through a government-aligned digital wallet platform, enhancing the ease and security of receiving funds from abroad. The initiative enables users to access transferred money immediately without...
Indians working abroad transferred a remarkable total of $129.4 billion back to India in 2024, marking a significant milestone in remittance inflows. The October to December quarter alone saw the highest-ever inflows, amounting to $36 billion, according to recent data from the Reserve Bank of India (RBI). India remains the leading country in receiving remittances,...
Grocery orders made by residents of the UAE at 4am have seen a significant increase of 70 percent during Ramadan, according to data released by the local company Careem. This surge in orders reflects the unique eating habits of those observing the fast during the holy month, as the figures were compiled from Careem’s Everything...