Dr. Padraic McGreal

Brutal Reality: UAE’s Health Insurance Payment System Hinders Growth

Notwithstanding the virtues of providing proper health insurance to employees, various academic studies suggest numerous business benefits in ensuring that employees have good healthcare coverage. Benefits of providing adequate health insurance include: Higher levels of productivity Higher quality talent Lower turnover rate Brutal Reality Many UAE employers understand the business benefits of offering good insurance …

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Winds of Change: Why Landlords Should Move to a Direct Debit System

Today, in the UAE and across the GCC region, landlords, property management companies and letting agents predominately require tenants to pay rents with post-dated cheques twelve months, six months or even quarterly in advance. This method of payment has several inherent risks for landlords as well as having a negative impact on tenant’s cash flow …

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Zink Pay sees a paradigm shift in the Recurring Payments landscape in the UAE

As the fallout of the pandemic continues to stress landlords, property management companies, schools, insurance companies, auto leasing companies, and small to medium size businesses both financially and operationally, businesses are turning to digital services to improve cash flow and modernize their payments ecosystems. Our research has shown that these businesses are experiencing cash flow …

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UAE Cabinet Approves Federal Decree-Law to Amend Provisions of Commercial Transactions Law 

On the 26th October 2020, the UAE Cabinet, approved the issuance of a federal decree-law to amend several provisions of the “Federal Law on Commercial Transactions”.   The amendments which come into full force and effect in 2022 provide for a fast, robust, and civil mechanism to collect the required payments resulting from bounced cheques and …

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