Dubai: A cash flow forecast is a vital tool for your business because it will tell you if you’ll have enough cash to run the business or expand it. But how often…
Tag: cash
Britcoin will not replace cash, BOE Governor Bailey says
The governor was responding to mounting fears, which have spread widely across the internet, that central bank digital currencies will supplant cash. Privacy campaigners claim CBDCs will end transaction anonymity, give governments…
Baidu's sales stall as it struggles to cash in on AI
The underperformance shines a spotlight on the challenge of translating Baidu’s lead in generative AI into significant revenue. Baidu’s “Ernie” large language model has increasingly contributed additional sales through ad and cloud…
Hotels aim to cash in on Taylor Swift phenomenon with 'gig-tripping' perks
As it becomes clearer that Taylor Swift fans are more than happy to pay top dollar for their concert-going vacations, five-star hotels are starting to court the sequin set. In London, the…
Dubai's private developers start preparing for Dh55,000 cash limit in future property deals
Dubai: Private developers in Dubai are expecting an imminent enforcement of rules related to all-cash property sales, with only up to Dh55,000 allowed to be used as ‘physical’ cash in future transactions….
Salik gets shareholder approval for Dh550 million in cash dividends
“Salik’s AGM concluded with the approval of various Special Resolutions. Among these, the definition of ‘Government Shareholder’ was amended to encompass any entity or individual designated or nominated by the Government of…
FAB shareholders approve Dh7.8 billion cash dividend
Sheikh Tahnoon Bin Zayed Al Nahyan, Chairman of FAB, said: “Against the backdrop of a more challenging global financial and economic environment in 2023, First Abu Dhabi Bank came through the year…
Why UAE's new payment system Aani wants another 400,000+ SMEs using cash switch over to digital
Dubai: UAE consumers – the Gen Zs, Millennials and older ones alike – are moving away from cash. Big businesses already use digital means to settle transactions. The need now is for…
Byju's suspends deal with Lionel Messi amid cash crunch
According to reports, facing a severe cash crunch, the company has now put the deal on hold and is “deliberating whether to terminate the contract prematurely or explore options for revival”. Byju’s…
UAE residents find cash still has its uses – tipping for one
Pay off a taxi ride? Cash is handy. Even bigger ticket transactions such as jewellery purchases or apparel still has UAE shoppers using cash. The ‘perception of convenience (64 per cent finding…