e& UAE Launches AI-Powered Retail Outlet EASE in Dubai Mall

ABU DHABI, 29th September 2024 — e& UAE has unveiled its second AI-powered autonomous retail outlet, EASE, in Dubai Mall. This launch represents a significant milestone in the telecom giant’s digital transformation strategy and customer experience enhancement efforts.

The EASE concept utilizes cutting-edge artificial intelligence, machine learning, smart shelves, and robotics to create a frictionless shopping experience. This initiative signifies a major step forward in e&’s vision of digitally empowering societies by seamlessly integrating AI and technology for an intuitive and personalized shopping journey.

Located on the second floor of Dubai Mall, the new store builds on the success of the initial EASE outlet in Al Kifaf, featuring advanced innovations such as:

  • FastPass and visitor line activation via biometrics or the e& UAE app
  • Smart gates and dispensing machines
  • Trade-in ATM machines for device exchanges against Smiles points
  • Self-assisted stations for scheduling deliveries
  • Support for Apple Pay and Samsung Pay through the e& UAE app

Customers can explore products, pre-authorize payments, and complete purchases without staff assistance. The store offers a comprehensive range of mobile and fixed-line products, accessories, handsets, and trade-ins.

The new store in Dubai Mall enhances the EASE experience with even more advanced features. After shopping, customers can use a self-service checkout and exit at their convenience. The introduction of facial recognition for the visitor line purchase journey adds to the efficiency.

e& UAE views EASE as a cornerstone of its customer experience strategy. As the company drives digitalization, EASE represents a major milestone in the transformation journey.

The initiative aligns with evolving consumer demands for personalized experiences and sustainable practices. AI enables real-time personalization and integrates physical and digital retail, optimizing operations for sustainability.

Additionally, the Trade-in machine not only fosters customer loyalty but also promotes environmental sustainability by reducing electronic waste.

e& UAE’s commitment to customer experience extends beyond EASE stores. Customer experience (CX) is seen as a holistic journey encompassing every aspect of the brand. While specific expansion plans for EASE were not disclosed, the concept remains integral to e&’s overall strategy.

UAE Strengthens Measures to Combat Financial Crime

ABU DHABI, 29th September 2024 (WAM) — The United Arab Emirates is ramping up its initiatives to tackle money laundering and enhance financial integrity, implementing effective measures that align with international best practices. This ongoing commitment aims to solidify the UAE’s global standing in the fight against financial crimes.

As part of its strategy, the UAE is enhancing its position as a competitive economic hub by upholding the highest standards of integrity and transparency in financial oversight. The government has enacted robust legal measures to strengthen its regulatory framework and combat financial crime.

A key focus of the UAE’s efforts is to establish a sustainable national system that effectively addresses emerging risks in money laundering. The reclassification of certain Financial Action Task Force (FATF) recommendations underscores the UAE’s progress in maintaining quality financial operations and safeguarding the global financial system.

The UAE continues to collaborate closely with the FATF and international partners to mitigate the risks associated with financial crimes. The country aims to emerge as a global leader in this domain through the implementation of its National Strategy and Action Plan 2024–2027.

Recent efforts have yielded positive results in global risk rankings. According to the London Stock Exchange Group’s Country Risk Classification, the UAE’s risk level has been rated as “medium,” with its overall score improving to 5.86, a 13-place increase in its global position. Additionally, the UAE has made strides in the Basel AML Index, with its FATF category score improving from 5.77 to 4.96 and its overall score rising from 5.74 to 5.43.

Dubai Positioned as Global Hub in $7.3 Trillion Digital Creative Economy

A new study by Dubai Design District (d3) and Dubai Media City, in partnership with Monstarlab, values the global digital creative economy at AED27 trillion ($7.3 trillion), highlighting Dubai’s role as a key player in this rapidly growing sector. The “Digital Creative Economy 2024” white paper outlines opportunities driven by emerging technologies such as AI, Web3, and virtual reality, while showcasing Dubai’s ambitions to lead in the global creative landscape.

The study, based on feedback from over 20 industry leaders and surveys from 400 design and media professionals, emphasizes the significant growth of the digital creative economy, which is expected to grow 11% annually and reach its full potential by 2030. Dubai ranks first globally for Foreign Direct Investment (FDI) in cultural and creative industries, further solidifying its role as a global capital for creative innovation.

Industry leaders, including Majed Al Suwaidi of Dubai Media City and Khadija Al Bastaki of d3, highlighted the critical role of strategic support and advanced technologies in shaping the future of the creative sector, positioning Dubai to foster next-generation creative talent and innovation.

As AI and emerging technologies reshape content creation, Dubai’s continued investment in infrastructure, innovation, and pro-business policies is setting the stage for future global leadership in the creative economy.

Dubai: Arcapita and Dgpays Consortium Acquires Majority Stake in NEOPAY from Mashreq

Dubai, UAE – The Consortium of Arcapita Group Holdings Limited, a global alternative investment firm, and Dgpays, a leading financial infrastructure technology provider in the EMEA region, has reached an agreement with Mashreq, one of the UAE’s prominent financial institutions, to acquire a majority stake in NEOPAY, the UAE’s fast-growing payment solutions provider. Mashreq will maintain a significant minority interest in the company. This acquisition values NEOPAY at approximately $385 million, pending necessary regulatory approvals.

The acquisition is a pivotal step for NEOPAY as it aims to enhance its presence in the rapidly expanding digital payments sector in the Middle East. The Consortium’s strategic support positions NEOPAY to accelerate growth and introduce new services, utilizing Dgpays’ advanced technology.

NEOPAY has established itself as the UAE’s fastest-growing payment solutions provider, serving a diverse clientele in sectors such as retail, hospitality, government, and e-commerce. With the UAE’s card transaction value expected to grow at double-digit rates over the next five years, NEOPAY has ample opportunities to capture additional market share.

Founded as a division within Mashreq, NEOPAY has witnessed significant growth, driven by the UAE’s dynamic economic landscape characterized by a young, digitally savvy population, strong GDP growth, and government initiatives promoting a cashless economy.

Atif A. Abdulmalik, CEO of Arcapita, emphasized that NEOPAY aligns with their investment strategy, which focuses on acquiring market leaders with strong growth potential. He expressed confidence that NEOPAY is well-positioned to benefit from the UAE’s shift toward digital payments.

Serkan Omerbeyoglu, CEO of Dgpays, expressed excitement about partnering with NEOPAY, highlighting the potential for expansion across the broader Middle East region through innovative technology and strategic collaborations.

Ahmed Abdelaal, Group CEO of Mashreq, stated that this transaction marks a significant milestone in NEOPAY’s journey, allowing it to continue its growth as a regional leader in digital payments. He expressed confidence in the expertise and vision of Arcapita and Dgpays to support NEOPAY’s ambitious expansion plans.

Vibhor Mundhada, CEO of NEOPAY, shared enthusiasm for the partnership, noting that it will enable NEOPAY to accelerate its growth in the UAE and expand its footprint across the Middle East.

This acquisition highlights a strategic collaboration among Arcapita, Dgpays, and Mashreq, showcasing a shared commitment to driving innovation and growth in the digital payments industry throughout the Middle East.

Goldman Sachs International, DIFC Branch acted as financial advisor to the seller, while deNovo Partners advised the Consortium. Clifford Chance served as legal counsel for Mashreq, and Freshfields was legal counsel for the Consortium. Mashreq’s Investment Banking arm facilitated the closure of the transaction.

Dubai’s DET and Amazon Launch Accelerator for SMEs

The Dubai Department of Economy and Tourism (DET) has partnered with Amazon UAE to introduce the ‘DET x Amazon Accelerator,’ aimed at empowering small and medium enterprises (SMEs) in Dubai. This initiative will enhance local businesses’ competitiveness on the global stage by providing advanced digital tools, resources, and mentorship.

As part of the broader Dubai Traders initiative—one of ten key components of the Dubai Economic Agenda, D33—the accelerator aims to establish Dubai as a leading hub for entrepreneurship and SME growth through collaboration with major private sector companies. The agreement was signed by Helal Saeed Almarri, director-general of DET, and Ronaldo Mouchawar, vice president of Amazon Middle East, North Africa, and Türkiye, alongside Hadi Badri, CEO of the Dubai Economic Development Corporation (DEDC), and Jasmin Frick, director of Seller Success at Amazon MENA.

The DET x Amazon Accelerator will support SMEs through several key initiatives:

  • Access to Amazon’s Network: SMEs will gain access to Amazon’s extensive network, facilitating their expansion beyond the UAE.
  • Tailored Workshops: Amazon UAE will provide customized workshops to help SMEs utilize its tools and strategies effectively.
  • Personalized Guidance: SMEs will receive guidance from Amazon’s trusted service providers to optimize growth opportunities, including account registration and advertising.
  • Shop Local Storefront: A dedicated “Shop Local” storefront will increase visibility for local sellers during significant sales events.
  • Amazon Ads Credits: SMEs will be offered credits for launching marketing campaigns to reach wider audiences.

Hadi Badri emphasized that this collaboration is a significant step towards achieving the Dubai Economic Agenda D33 goals, aiming to accelerate the growth of Dubai-based businesses globally. Mouchawar underlined the program’s role in supporting small businesses, stating it will expedite their growth and digital transformation.

With plans to feature products from 100,000 businesses on Amazon by 2026, the accelerator is set to drive substantial growth in Dubai’s SME sector.

Keyper Launches Innovative Rent Now Pay Later Marketplace in Dubai

Dubai-based startup Keyper has launched its Rent Now Pay Later (RNPL) marketplace, aiming to revolutionize the rental experience for tenants in the city. This platform allows tenants to pay their rent in 12 monthly installments, tackling the common challenge of upfront annual payments that many renters face in the UAE.

The RNPL Marketplace features a curated selection of high-quality properties from leading real estate agencies, giving tenants a variety of options to suit their needs. Unlike traditional real estate platforms, all listings in the RNPL Marketplace are pre-priced for monthly payments, creating a streamlined, digital-first rental experience. This model reduces the burden of large lump-sum payments, enabling tenants to manage their finances more effectively.

For landlords, the RNPL Marketplace offers an attractive deal, allowing them to receive their annual rent as a single upfront payment while giving tenants the flexibility of monthly installments through credit or debit cards. This innovative approach bridges the gap between traditional rental practices and modern financial management, helping real estate agents close deals efficiently without compromising on terms.

Keyper collaborates with top real estate agencies like Dacha Real Estate, McCone Properties, D&B Properties, and Alba Homes to ensure high-quality property listings. Alessia Sheglova, CEO of Dacha Real Estate, praised the collaboration, highlighting its benefit for both tenants and landlords.

Supported by advanced tenant screening technology from Uqudo and Lean Technologies, the RNPL Marketplace simplifies the verification process for prospective tenants through digital Know Your Customer (KYC) methods and open banking integrations.

Omar Abu Innab, Co-Founder and CEO of Keyper, noted that the RNPL Marketplace addresses a major challenge for tenants: the burden of large upfront rental payments. He emphasized that by facilitating monthly payments, Keyper enhances tenants’ financial management and modernizes the rental experience.

Looking ahead, Keyper plans to expand the RNPL service to other cities in the UAE, including Abu Dhabi, while continuously growing its rental inventory through partnerships with additional real estate agencies to meet the changing needs of tenants in the region.

Vanessa Sierra: Entrepreneur and Cryptocurrency Advocate

Vanessa Sierra: Entrepreneur and Cryptocurrency Advocate

Vanessa Sierra is an accomplished entrepreneur, social media influencer, and cryptocurrency advocate whose career reflects a blend of creativity, strategic insight, and resilience. Best known for her appearance on Love Island Australia in 2019, Vanessa has successfully leveraged her platform to establish a multifaceted career spanning digital marketing and the cryptocurrency sector.

Educational Background

Vanessa holds a Bachelor’s degree in Finance and Economics, providing her with a solid foundation in financial systems and economic principles. She is currently pursuing a Master’s degree in Computer Science, enhancing her technical skills to navigate the evolving landscape of digital finance and technology. This unique combination positions her to effectively influence the intersection of cryptocurrency and blockchain technology.

Entrepreneurial Ventures

Following her reality TV debut, Vanessa embraced entrepreneurship by exploring various business opportunities aligned with her interests. She has become active in digital marketing and brand consultancy, using her ability to engage audiences and create impactful content. Her collaborations with diverse brands emphasize her commitment to promoting businesses that align with her values, focusing on sustainability, innovation, and community engagement.

Cryptocurrency Involvement

Vanessa’s journey in cryptocurrency began in 2012 with her first Bitcoin purchase at $70. Her early entry into the crypto market has equipped her with invaluable experience, allowing her to observe the evolution of digital currencies. Over time, she has become a respected voice in the crypto community, actively sharing insights and strategies with her followers on platforms such as Twitter and Instagram.

Her engagement with the cryptocurrency market has not been without challenges. Vanessa has openly discussed experiences such as significant losses from leverage trading and scams, which have fueled her passion for educating others about cryptocurrency investing. She emphasizes the importance of conducting thorough research, understanding market dynamics, and practicing risk management, urging her audience to approach investments with caution and informed strategies.

 

Commitment to Fitness and Wellness

Vanessa is dedicated to health and wellness, following a vegan diet that supports her active lifestyle. She believes that physical fitness is essential for mental clarity and overall well-being, incorporating rigorous training into her weekly routine, which includes strength training, cardio, and mindfulness practices.

Her commitment to fitness resonates with her audience, inspiring many to adopt healthier lifestyles. By sharing her fitness journey and wellness tips, she fosters a community focused on self-improvement and holistic health.

Advocacy for Women in Business

As an advocate for women in entrepreneurship, Vanessa uses her platform to empower others to pursue their ambitions and break into traditionally male-dominated fields like cryptocurrency and finance. She shares motivational content aimed at encouraging young women to embrace their goals and seek opportunities in business. Through workshops, mentorship programs, and speaking engagements, Vanessa actively contributes to the dialogue surrounding female empowerment in the entrepreneurial space.

Conclusion

Vanessa Sierra exemplifies resilience, adaptability, and strategic thinking in her career, transitioning from a reality television star to a recognized figure in entrepreneurship and cryptocurrency. Her ability to leverage her platform for business opportunities, promote sustainability, and educate others on investment strategies distinguishes her in the competitive landscape of digital economies.

Follow Vanessa

Stay updated on Vanessa Sierra’s latest ventures and insights by following her on social media platforms such as Instagram and Twitter. Her dynamic presence continues to make a significant impact in both the business and cryptocurrency arenas, inspiring a new generation of entrepreneurs to navigate the complexities of the digital economy.

Dubai Expo City to Undergo $2.72 Billion Expansion, Solidifying Its Role as a Global Economic Hub

Dubai Expo City, the former site of Expo 2020, is set to embark on a $2.72 billion expansion as part of Dubai’s ambitious plans to transform the area into a long-term center for business, culture, and innovation. This expansion aims to bolster Dubai’s status as a global leader in sustainability, technology, and economic growth, aligning with the city’s 2040 Urban Master Plan.

Masterplan Overview: Infrastructure, Business, and Residential Growth

The Dubai Expo City expansion will focus on integrating key infrastructure, urban development, and residential spaces. Following its transformation from a world exhibition venue into a mixed-use development, Expo City’s growth reflects the emirate’s broader strategy of increasing investment in advanced sectors like clean technology and tourism.

The new phase will introduce a residential district featuring a mix of premium and affordable housing, aimed at enhancing the quality of life in the area. The residential offering will be complemented by commercial spaces, co-working hubs, and offices to cater to the growing demand from tech firms, start-ups, and multinational corporations. As a result, the project is expected to further Dubai’s positioning as a regional business hub and economic powerhouse.

Sustainability at the Core

A central pillar of the expansion is its focus on sustainability, with energy-efficient buildings, water conservation, and green energy solutions being fundamental to the design. These measures align with Dubai’s long-term vision to lead global efforts in sustainability and smart city development. The use of renewable energy and environmentally friendly construction techniques aims to reduce the environmental footprint of this extensive urban project.

Cultural and Educational Additions

Beyond residential and commercial growth, the Expo City expansion will include cultural and educational spaces, positioning Dubai as a knowledge-based economy. Educational institutions, museums, and research centers will be integrated into the development, attracting global partnerships and contributing to Dubai’s ambition to become a hub for research and development.

Tourism and Leisure Facilities

Tourism will remain a key driver of Expo City’s development, with plans for hotels, restaurants, and entertainment venues that will build on the existing Expo 2020 legacy. New pedestrian-friendly pathways, parks, and open spaces are designed to enhance liveability and promote outdoor activities, a growing trend in urban design worldwide. These upgrades will ensure that Expo City continues to attract both local residents and international visitors, cementing its role as a major cultural and business destination.

Economic Impact

The expansion is expected to generate significant economic activity, creating jobs in construction and across multiple sectors in the long term. The influx of businesses and residents will contribute to Dubai’s overall economic growth, helping the city remain a key gateway to markets in the Middle East, Africa, and South Asia. The project is a flagship for Dubai’s broader vision of sustainable urban development, which aims to balance growth with environmental responsibility.

A Vision for the Future

Expo City’s expansion marks a significant step in Dubai’s urban evolution. With its focus on sustainability, business innovation, and cultural enrichment, the development is set to play a pivotal role in Dubai’s future as a global leader in smart urban living, economic diversification, and environmental stewardship.

H&H Development Expands ‘Eden House’ Brand with Dubai Hills Project

H&H Development, a leading name in Dubai’s real estate market and bespoke turnkey projects, has introduced its first project in Dubai Hills under the prestigious ‘Eden House’ brand. The launch of Eden House Dubai Hills, an upscale residential community, sets a new standard for luxury living in one of Dubai’s most sought-after suburbs.

Strategic Location and Legacy of Success

Located in the heart of Dubai Hills, the new community promises an elevated living experience, building on the success of the fully occupied Eden House Al Satwa and the sold-out Eden House The Canal, launched last year. This new venture reflects H&H Development’s ongoing commitment to creating exquisite urban spaces that blend opulence and practicality.

Miltos Bossinis, CEO of H&H Development, commented: “We are excited to expand the ‘Eden House’ brand with this new project in Dubai Hills. Our goal is to offer residents a lifestyle that prioritizes health, wellbeing, and modern convenience, while providing beautifully designed spaces in an environment that harmonizes nature with luxury.”

Residential Offerings and Design Excellence

Eden House Dubai Hills offers a range of residential options, from contemporary apartments available for rent to a select number of elegant townhouses and 32 bespoke villas. These villas, designed by renowned British architectural firm Hopkins Architects, feature private gardens, swimming pools, shaded balconies, and interiors crafted from marble and wood, creating a serene yet luxurious living environment.

The project aims to cater to a wide variety of residents, including families and those seeking a peaceful retreat from the bustling city. Hopkins Architects’ involvement ensures that each villa stands as a testament to innovative design, functional spaces, and attention to detail.

World-Class Amenities and Lifestyle

Residents at Eden House Dubai Hills can enjoy top-tier amenities, including access to Dubai Hills Park, Dubai Hills Mall, and premium golf courses. On-site, the development boasts temperature-controlled swimming pools, spa facilities, a state-of-the-art fitness center, and dedicated children’s play areas. The community is further enriched by food and beverage outlets, retail destinations, and vibrant communal spaces.

What sets Eden House apart is its signature services, ensuring a seamless and highly personalized living experience. Residents can enjoy à la carte services like personal shopping, wellness treatments, chauffeur services, and housekeeping. For those traveling, H&H offers home management services to ensure properties are well-maintained and ready upon return.

Secure, Private, and Personalized Living

With round-the-clock security, controlled access, and exclusive resident-only amenities, privacy and safety are prioritized at Eden House Dubai Hills. The dedicated Eden House team is committed to providing personalized services that cater to residents’ individual preferences, fostering a long-term relationship built on trust and attention to detail.

Exclusively Designed Villas for Discerning Residents

The elegantly designed villas, equipped with cutting-edge home technology and meticulously crafted kitchens, are ideal for homeowners seeking a tranquil, high-end lifestyle in Dubai. The combination of modern conveniences and serene surroundings makes Eden House Dubai Hills an exceptional choice for those looking to invest in luxury real estate.

Flight Cancellations and Disruptions to Beirut: What UAE Travelers Need to Know

Amid rising tensions in Lebanon, several UAE airlines have adjusted their flight schedules, resulting in cancellations and disruptions for passengers traveling to Beirut. The adjustments come as safety concerns escalate due to ongoing regional conflict.

Emirates and flydubai Implement Flight Cancellations

Emirates, one of the UAE’s flagship carriers, has paused all flights to Beirut, with no scheduled services available on its website until Sunday, September 28. While the airline has not issued an official statement, the absence of available flights indicates a temporary suspension of operations.

flydubai, the UAE’s low-cost carrier, has also cancelled its services on Tuesday, September 24, and Wednesday, September 25. The airline operates seven weekly flights to Beirut and has communicated that passengers affected by these cancellations will be offered rebooking or refunds.

A spokesperson for flydubai confirmed, “Flights between Dubai International (DXB) and Beirut International Airport (BEY) on September 24 and 25 have been cancelled due to the ongoing developments. We are in touch with affected passengers to provide alternative options.”

Etihad Airways and Air Arabia Adjust Operations

Abu Dhabi-based Etihad Airways, another major UAE carrier, has also suspended flights to Beirut. The airline cancelled its scheduled services for Tuesday, September 24, in light of the deteriorating security situation. A company spokesperson emphasized that passenger and crew safety is the airline’s top priority.

Air Arabia, a budget airline operating from Sharjah, has similarly adjusted its services. According to the Air Arabia website, no flights to Beirut are available until Sunday, September 29. This temporary suspension affects passengers planning to travel from Sharjah to Lebanon.

International Carriers Follow Suit

The cancellations from UAE airlines align with the broader international response. Global airlines like Qatar Airways, Air India, and KLM have also suspended their services to Lebanon due to rising tensions between Israel and Hezbollah. These widespread adjustments highlight the ongoing instability in the region, affecting flight operations on a global scale.

Impact on Travelers and Future Updates

The adjustments made by UAE airlines reflect the significant impact the situation in Lebanon is having on air travel. While some airlines are offering rebooking or refund options to affected passengers, the situation remains fluid. Travelers are encouraged to stay informed through official airline channels, as more updates may follow depending on how the situation evolves.

Given the nature of the conflict, it is expected that flight operations will remain disrupted until the security situation improves, with airlines closely monitoring developments in the region.