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E-payment boosts UAE GDP by 0.23%

RITIKA SHARMA / EMIRATES BUSINESS UAE recorded a 0.23% increase in GDP due to increased card usage between 2011-2015, says an international study. The study states that increased electronic payment usage added US$3,700,000,000 to the UAE’s GDP during the mentioned period and that like the other notable markets, UAE experienced over a 6 percentage point increase in card usage. The ...

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ME market fuelling business jet industry

RITIKA SHARMA / EMIRATES BUSINESS The Middle East market has played an important role in the recent global executive aviation development. According to Embraer Executive Jets market analyses, the Middle East has a younger business jet fleet than the world’s average. The region holds a business jet fleet of 400 unit aircraft where Saudi Arabia and UAE account for more ...

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BMW website gets a revamp

EMIRATES BUSINESS The BMW Group has revised its websites, offering its customers a wide range of comprehensive and international services. The initiative was taken keeping into consideration the growing demand of digitalisation and future-oriented online communication. The website features new content, innovative technology and a new digital corporate design. The use of large-format graphics, sliders in gallery format and a ...

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