Mobile points of service, automated checkout and RFID checkout are some of the technologies that can replace traditional cash tills. Victor Besa for The National
Mobile points of service, automated checkout and RFID checkout are some of the technologies that can replace traditional cash tills. Victor Besa for The National
Mobile points of service, automated checkout and RFID checkout are some of the technologies that can replace traditional cash tills. Victor Besa for The National
Mobile points of service, automated checkout and RFID checkout are some of the technologies that can replace traditional cash tills. Victor Besa for The National

Cash tills set to be relegated to history


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Picture a queue in your favourite store, and then yourself bypassing it by paying for goods using your smartphone.

Or scanning sandwiches during a lunch break at a self-service checkout instead of lining up so you have more time to enjoy your food.

These or similar payment methods are predicted to spread across the UAE as more stores reduce reliance upon traditional checkouts, introducing mobile point of sale devices (MPOS) or even encouraging customers to download a smartphone app linked to a stored credit card to complete their purchases.

Such systems are imminent or already trialling elsewhere, says Mark Thomson, the director of retail and hospitality solutions for Emea at Zebra Technologies.

The British firm helps retailers implement smarter trading solutions and predicts the UAE will increasingly embrace advanced payment methods.

In the case of Apple stores, they have for a while; cashiers made way for roaming MPOS-equipped employees who process customer payments, e-mailing the receipt.

Mr Thomson, who discussed retail technology at the World Retail Congress in Dubai, believes this and other methods could be enhancing the wider UAE shopping experience soon.

“A lot of retailers should look at their stores and think ‘how could we achieve the way Apple does it?’ where you in effect have a one-to-one appointment with a member of staff’,” he says.

“There are some companies looking at putting the solution into all types of retail, where I take my phone, use an app to scan bar codes and simply pay.”

Mr Thomson says some retailers outside the UAE are either completely digital or card-based.

“They don’t have cash handling,” he adds. “It costs them less to do that and staff can interact in a different way. You might design your whole checkout in a different way or not have one, just staff with mobile devices around the store or payment points anywhere.”

Another development beginning to infiltrate the UAE is self-scanning checkouts, which are already prevalent in many UK supermarket chains.

Abu Dhabi’s Souq Planet, meanwhile, describes itself as the first “digital supermarket” in the Middle East. It is pioneering a self-scanning system where registered customers use a smartphone or store device to scan bar codes as they shop.

“A software application allows you to scan using your phone,” explains Mr Thomson. “Once you get through scanning all your products, whether that’s through a device the store provides or your own, you don’t have to put it onto a counter for somebody else to scan and re-pack.”

At the checkout, you tap a button on the device that signals “end of shop” and produces a bar code.

“You scan that at the checkout as a representation of your total spend and go through the payment process,” says Mr Thomson. “That might be at a standard checkout where you hand over the scanning device and they take payment.”

The Virgin Megastore Mena president Nisreen Shocair advocates replacing checkouts with advanced payment methods. The brand operates both MPOS and fixed cashiers.

“This idea you would have a cash till … I’m surprised we have them still. They take up so much space,” she says.

“We piloted a year ago, maybe two, the idea that you could pay anywhere in store. The customer still wants to go to the cashier, but we’re going to get to the point where customers checkout on the spot. Some do contactless payment. Everybody is starved for time; they just want to get what they want.”

The UAE chain Home Centre recently rolled out MPOS at its remodelled flagship Mall of the Emirates outlet, where staff bring a device to a customer to fulfil payment.

Its chief executive Médéric Payne cites two clear advantages for shoppers and stock logistics.

“MPOS has enabled customers to look around the store and complete their purchase in an instant,” he says. “Our staff can process the order through card payments right by the product, rather than taking the customer to a till in the corner.”

Mr Payne says MPOS also gives the retailer real-time stock visibility in the warehouse and stores, allowing it to book delivery dates for the customer by linking with its delivery management system.

“It also has the ‘single swipe’ feature for taking card payments and loyalty cards in the same device,” he adds.

“This way the staff remains with the customer throughout their shopping journey, giving them the opportunity to cross-sell through linking other products.”

That is music to the ears of Mr Thomson, who sees more brands enlisting such technology as physical retailing competes with online.

“We’re not going to stop shopping. We may change the methodology, but convenience and price is key,” he says.

“We talk about experience and digital transformation, but at the end of the day what do retailers want? To sell more and to do it at a lower cost. Operational improvements and how they achieve them … the end result is a better experience for customers.”

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Director: Laxman Utekar

Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna

Rating: 1/5

Dust and sand storms compared

Sand storm

  • Particle size: Larger, heavier sand grains
  • Visibility: Often dramatic with thick "walls" of sand
  • Duration: Short-lived, typically localised
  • Travel distance: Limited 
  • Source: Open desert areas with strong winds

Dust storm

  • Particle size: Much finer, lightweight particles
  • Visibility: Hazy skies but less intense
  • Duration: Can linger for days
  • Travel distance: Long-range, up to thousands of kilometres
  • Source: Can be carried from distant regions
Who has been sanctioned?

Daniella Weiss and Nachala
Described as 'the grandmother of the settler movement', she has encouraged the expansion of settlements for decades. The 79 year old leads radical settler movement Nachala, whose aim is for Israel to annex Gaza and the occupied West Bank, where it helps settlers built outposts.

Harel Libi & Libi Construction and Infrastructure
Libi has been involved in threatening and perpetuating acts of aggression and violence against Palestinians. His firm has provided logistical and financial support for the establishment of illegal outposts.

Zohar Sabah
Runs a settler outpost named Zohar’s Farm and has previously faced charges of violence against Palestinians. He was indicted by Israel’s State Attorney’s Office in September for allegedly participating in a violent attack against Palestinians and activists in the West Bank village of Muarrajat.

Coco’s Farm and Neria’s Farm
These are illegal outposts in the West Bank, which are at the vanguard of the settler movement. According to the UK, they are associated with people who have been involved in enabling, inciting, promoting or providing support for activities that amount to “serious abuse”.

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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Engine: Dual 180kW and 300kW front and rear motors

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Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Three ways to get a gratitude glow

By committing to at least one of these daily, you can bring more gratitude into your life, says Ong.

  • During your morning skincare routine, name five things you are thankful for about yourself.
  • As you finish your skincare routine, look yourself in the eye and speak an affirmation, such as: “I am grateful for every part of me, including my ability to take care of my skin.”
  • In the evening, take some deep breaths, notice how your skin feels, and listen for what your skin is grateful for.
Know before you go
  • Jebel Akhdar is a two-hour drive from Muscat airport or a six-hour drive from Dubai. It’s impossible to visit by car unless you have a 4x4. Phone ahead to the hotel to arrange a transfer.
  • If you’re driving, make sure your insurance covers Oman.
  • By air: Budget airlines Air Arabia, Flydubai and SalamAir offer direct routes to Muscat from the UAE.
  • Tourists from the Emirates (UAE nationals not included) must apply for an Omani visa online before arrival at evisa.rop.gov.om. The process typically takes several days.
  • Flash floods are probable due to the terrain and a lack of drainage. Always check the weather before venturing into any canyons or other remote areas and identify a plan of escape that includes high ground, shelter and parking where your car won’t be overtaken by sudden downpours.

 

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Name: Dr Hassan Mohsen Elhais

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