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Alleged Competitive Disadvantage of the EU AI Act

Alleged Competitive Disadvantage of the EU AI Act The European Parliament has approved the AI Act which is a comprehensive framework that attempts to address the risks that AI presents. While countries like the US and China have made some attempt at regulating AI, the EU’s AI Act goes further and is the world’s first set of binding requirements to mitigate AI risk. Enza Iannopolla, principal analyst at Forrester, believes that this would make the EU the standard for trustworthy AI and other countries would attempt to reach the same level (McCallum et al.). An important consideration for the EU is that while this legislation may be the leading of its kind, the US- followed by China- dominates when it comes to AI. While these regulations may promote trustworthy AI, there is also the risk that it would limit the creation of AI in Europe. The AI Act could create a competitive disadvantage for Europe as companies may be more inclined to develop in regions with less strict regulations and the regulations could limit European companies (Ditsche and Mikhaylenko). On the other hand, the regulations could also aid in increasing Europe’s soft power as the AI Act requires companies with generative AI tools to disclose the material they use to train their AIs (McCallum and Vallance). AI has gotten a bad reputation for using copyrighted material and the Act could improve the perception of AI amongst artists and generate goodwill towards the EU for tackling the problem. Leader in AI Regulation The EU wants to promote trustworthy AI and the AI Act allows them to do so while also placing themselves in an influential position which could generate AI activity in Europe. Regulating AI is not a new concept, although its implementation has been slow. For instance, in April, the UK and the US signed a Memorandum of Understanding in order to work together to test advanced AIs (UK Gov). The largest AI firms are cooperating with the idea of regulation, but the fact remains that till now regulators have not implemented any significant restrictions on the companies’ goals or asked for the data they use to train their AI (McMahon and Kleinman). The AI Act is meant to establish the EU as a leader at the forefront of AI, and it is succeeding as countries like the UK are recognizing the advancements the EU is making. This could be a sore point for the UK; they currently have more funding in AI safety than any other government but they have been overtaken by the EU for risk mitigation regulation (Vallance). Post-Brexit tensions still exist and considering a large motivator of leaving the EU was the ability to take back control, there may be pressure internally for the government to show that they are capable of outperforming the EU. The government wants to use their newfound freedom and create policy, but unless this is exercised in a way that places the UK in a comparable position to the EU when it comes to AI regulation, then perhaps the benefits of Brexit are not to be found in this area (Marshall and Goss). There was a study that showed that regions who were early in creating ideas in new scientific fields, had an innovation advantage in those fields over time. The study covered fields like AI, and found that the EU was significantly behind the US in terms of their innovation advantage (Filimonovic et al.) Considering the study set out that early leaders in scientific innovation had an advantage in technological innovation, it would perhaps take more than was reasonable for the EU to catch up to the US in the traditional way. By focusing on risk mitigation regulation, the EU is using considerably less resources and taking an unconventional route to lead the market. World’s Unicorn Capital The US is leading the field when it comes to AI and the EU is attempting to level it by introducing the AI Act. There are those who believe that the AI act will limit the EU’s advancement and place them at a competitive disadvantage. However, it needs to be kept in mind that the US is also attempting to regulate AIs. For instance, President Biden declared an executive order requiring data sharing from AI developers to the government (McCallum et al.). Senator Wiener in California even authored a bill that would introduce AI regulations but it faced opposition from tech companies and was blocked by Governor Newsom as he believed that it would reduce innovation and developers may move out of the state (Silva). These criticisms are the same as those that the EU AI Act has received, and they are not completely unfounded. For instance, OpenAI CEO Altman initially made threats on leaving the EU due to the planning of the AI Act as he believed it would be overregulation (McCallum and Vallance). Nevertheless, regulation is important especially considering what AI is capable of. For example, OpenAI has developed a voice cloning tool but made a decision not to release it due to the risks that it presents, particularly in election years. In fact, in January this year, a fake AI-generated robocall purportedly from President Biden asked voters to skip a primary election (McMahon and Kleinman). This may be why Governor Newsom has been signing other bills focusing on misinformation and deep fakes- his blocking of the AI safety bill did not mean that he does not understand the risks that AI presents (Silva). In conclusion, the EU’s AI Act may place them at a competitive disadvantage due to the regulations it enforces on AI developers, but it is clear that other countries have similar worries over the risks involved with AI. While others may be slower to regulate due to the concerns over hindering innovation, they will eventually need to and it could be beneficial to the EU to have a framework prepared and not be in a situation where the aforementioned risks do materialize and they can only legislate …

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Top 5 reasons why Amazon gift cards make the perfect gift in 2024

Gifts, Rewards & Commerce / By Abdul Husein

Top 5 reasons why Amazon gift cards make the perfect gift in 2024 With endless options and a world that’s more connected than ever, how do you choose a present that’s both thoughtful and convenient? Enter Amazon.ae Gift Cards – the unsung heroes of modern gifting. In 2024, it’s not just about giving a gift – it’s about giving an experience, and gift cards for Amazon have evolved to make that experience special. Amazon.ae gift cards are a fantastic solution that takes the guesswork out of gifting, offering a blend of personalisation, convenience, and endless possibilities. Let’s dive into why these gift cards for Amazon are not just a fallback option but the ultimate gift choice this year. 1. Infinite Possibilities, Thoughtfully Packaged Imagine sending someone on a virtual shopping spree where they can pick exactly what they want – that’s essentially what Amazon.ae Gift Cards offer. With access to millions of products on Amazon.ae, from the latest tech to niche hobbies, recipients can find something genuinely meaningful. This makes the gift card more than just a financial value; it’s a pathway to discovering products that suit their unique tastes. Choices that span everything from home essentials and personal care products to the latest gadgets, recipients can shop from the comfort of their homes. 2. Unmatched Convenience For Giver And Receiver In the daily hustle, convenience isn’t just a luxury – it’s a necessity. Amazon.ae Gift Cards offer a seamless gifting experience from start to finish, thanks to its seamless and user-friendly interface. Purchase gift vouchers online and have them delivered instantly or schedule them up to a year in advance. Redeeming them is a breeze too: Locate the claim code. Go to Redeem a Gift Card on Amazon.ae. Enter your claim code and click Apply to Your Balance. It’s that simple! 3. Double The Savings With Exclusive Discounts Who says you can’t save while giving? When you purchase Amazon.ae Gift Cards from Sav, you can enjoy cashback along with additional rewards with the Sav card. That’s extra savings in your pocket while giving someone the joy of shopping on Amazon.ae. It’s a win-win situation that makes these gift vouchers an even more attractive option. In addition, unlike other gifts that come with expiration dates or hidden fees, Amazon.ae Gift Cards carry no fees and are valid for 10 years from the date of issuance. This extended validity gives your loved ones ample time to find that perfect item they have been eyeing. It’s a gift that keeps on giving long after other presents have been forgotten. 4. A Customisable Gifting Experience Gifting in 2024 is all about personalisation. Amazon gift vouchers take personalisation a notch higher with a variety of customisable designs and denominations. Whether for a birthday, holiday, or to express gratitude, you can match the card to the occasion and even choose the amount that best fits your budget. Schedule deliveries for special dates or send them immediately for those last-minute gifting needs. Imagine your loved one waking up on their birthday to find a beautifully designed gift card waiting in their inbox – it’s an effortless way to bring a smile to someone’s face. 5. Cross-Border Flexibility: Ideal For International Gifting Living in a globally connected world means that families and friends are often spread across different countries. Amazon gift vouchers make for a fantastic cross-border gifting solution. Available not only in the UAE but also in Oman, Kuwait, and Bahrain, these gift cards provide a unique opportunity for international gifting without the hassle of shipping logistics. Your loved ones across borders can enjoy shopping for their favourite items without worrying about additional delivery or currency issues – making Amazon.ae gift cards the go-to gift for bridging distances. With the growing need for gifts that offer both flexibility and personalisation, Amazon.ae gift cards stand out as the perfect choice for 2024, providing a valuable experience for everyone involved. More than just a simple gift, these gift cards turn simple vouchers into gateways for personalised happiness. So the next time you are searching for a gift, remember that the answer might just be an Amazon.ae gift card from Sav, easily available on the iPhone or Android platforms. Ready to make someone’s day? Explore the range of gift cards for Amazon.ae available at Sav and take advantage of exclusive discounts today! FAQs 1. What is Sav? Sav is a money-management app, allowing you to stick to your money goals, plan for the future, and spend confidently in the present.Your Sav card helps you meet your goals – just connect your bank account, top up your Sav card, choose goals you would like to set aside money for, and apply rules that automatically allocate funds toward your goals. The money set aside for your goals is safe. It is always available on your prepaid card and held with our partner financial institutions licensed by the CB UAE.You can use your Sav card to get additional rewards and cashbacks while spending. Check out our offer page to find the latest deals and promotions. 2. Is Sav a bank? No, ‘Sav Technologies Limited’ is a technology company registered in the Dubai International Financial Centre, Dubai, UAE, with registration number # 5474. Through our banking partnership with Mashreq Bank, VISA and NymCard, we provide VISA prepaid cards. 3. Does Sav issue bank accounts? No, Sav does not issue any bank accounts. Instead, Sav offers prepaid Visa cards issued by our partner bank, Mashreq Bank PSC, pursuant to their license from Visa. The money in your savings goals is always held with our partner bank in your individual Sav Card. 4. How is my Mashreq account different to the Sav account? At Sav, we do not issue any bank account. It’s a prepaid Visa card. Share article Instagram Linkedin Facebook-square Twitter-square

Kemi Badenoch’s Fundamental Misunderstanding

Pulse Check (Trending Topics) / By Abdul Husein

Kemi Badenoch’s Fundamental Misunderstanding Maternity pay has “gone too far” according to Kemi Badenoch, who is running to be leader of the British Conservative Party. After experiencing severe backlash, she is now claiming that she was misrepresented and her comments were regarding cutting the regulatory burden on businesses (Francis). While Badenoch uses her status as a mother to showcase how she is a supporter of maternity pay, she seemingly fails to realize that reducing this burden on businesses would mean that statutory maternity pay is also reduced and so she is, in fact, advocating for reduced maternity pay. Excessive Function Of Tax Moreover, contrary to Badenoch’s belief that maternity pay is an excessive function of tax, statutory maternity pay is the only maternity pay that is legislated for- UK employment law does not give those pregnant any further rights regarding pay on maternity leave (UK Gov). The only way that this would be a burden on businesses is if none of their employees were ever pregnant due to potentially either discriminatory hiring practices or a toxic work culture and so the business would never be under an obligation to provide maternity pay. Further, the function of tax is to improve public infrastructure and unless one is against empowering women to remain in the workforce, improving infant health, and reducing symptoms of postpartum depression it seems inane to believe this is outside the remit of the British government which provides public healthcare (Maven). While Badenoch also believes that people need to have more personal responsibility, as she states there was a time when there was no maternity pay and people were having more babies, she needs to be more conscious of shifting societal norms and trends (Francis). As a society, we are moving into a time where ESG is becoming increasingly relevant and there is an expectation that companies support their employees. There is a financial burden associated with children and Britain’s falling fertility rate can likely be linked to austerity (Robinson). With the cost of living crisis and the fact that in 2023 UK was forecasted to be the only major economy to shrink, it is natural for people to be reluctant to grow their families and it is an example of them displaying personal responsibility. Accessible Entry Into The Workplace Women deserve to have accessible entry into the workforce and a means to gain financial independence without being constrained due to inequality in the workplace. They should have an equal right compared to men to pursue work opportunities and advance their careers- a public infrastructure which supports this not only empowers women but also bolsters its economy. For instance, companies who are more diverse are reported to be more likely to have returns above national industry medians (Hummel). While this may not be a result of causation, research also shows that when women can earn and control their earnings, their children are more likely to be educated and their household income grows which in turn grows the economy (Gates Foundation). Aside from the economic impact, women’s economic empowerment also leads to a reduction in gender-based violence, increased political participation, and assists in disaster risk reduction (UN Women). Empowering women and enabling them to access the workplace through measures like legislating for maternity pay has positive benefits for society on every level. Societal Implications Research shows the positive impact of maternity leave on infant mortality rate and maternal stress, and maternity pay enables those pregnant to access these resources available to them. However, taking a long leave increases the risk of being fired or demoted and affects co-workers’ perception of how committed they are to their job. This bias was not restricted to men but was seen in both genders which helps explain how Badenoch, as a mother, can advocate against maternity pay and for increased personal responsibility (Hideg et al.). These negative effects on one’s prospects in their workplace defeats some of the purpose in providing maternity leave and pay as mothers will still need to make a choice between using it and suffering the negative impact on their career, or prioritizing their livelihood. In fact, a study by Harvard Business Review showed that those who have a career break due to being fired are more likely to be called to interview then those who have a career break due to childcare (UMA). It seems ridiculous and yet it is clear that there are negative connotations attached to those pregnant utilizing their right to maternity leave and pay. It is overwhelmingly clear that maternity leave and pay is important to empower women and for societal improvement, but it can be difficult to make advancements due to the negative connotations associated with maternity leave. When the call is also coming from inside the house, from mothers like Kemi Badenoch, it becomes evident the barriers that need to be removed before ensuring equal rights in the workplace. It is vital to remember that maternity leave and pay is important and that it has a tangible positive impact on parents and children. FAQs 1. What is Sav? Sav is a money-management app, allowing you to stick to your money goals, plan for the future, and spend confidently in the present.Your Sav card helps you meet your goals – just connect your bank account, top up your Sav card, choose goals you would like to set aside money for, and apply rules that automatically allocate funds toward your goals. The money set aside for your goals is safe. It is always available on your prepaid card and held with our partner financial institutions licensed by the CB UAE.You can use your Sav card to get additional rewards and cashbacks while spending. Check out our offer page to find the latest deals and promotions. 2. Is Sav a bank? No, ‘Sav Technologies Limited’ is a technology company registered in the Dubai International Financial Centre, Dubai, UAE, with registration number # 5474. Through our banking partnership with Mashreq Bank, VISA and NymCard, we …

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Digital Gift Cards: The Smart Option For Shopping And Saving

Gifts, Rewards & Commerce / By Abdul Husein

Convenience In A Card: Why Noon Gift Cards Are Dubai’s Go-To For Smart Gifting We have all been there – trying to pick the perfect present for a family member, friend, or colleague, only to be overwhelmed by a sea of choices. While gifting is a beautiful gesture, the best gifts come from the heart, and not when you have to undergo the pressure of choosing something meaningful. That’s where Noon Gift Cards come to your rescue! Gone are the days of second-guessing! Gift cards are the best solution enabling others the freedom to choose a gift depending on their preference. Today, flexibility is key, and what better way to gift than with a Noon Gift Card? Know more about Noon Gift Cards – A voucher that keeps on giving Noon, the UAE’s leading homegrown destination for online shopping, has an endless catalogue that includes everything from fashion, gadgets, baby products, and health essentials to groceries, beauty products, pet needs, kitchen appliances, and home decor items. There’s something for everyone! Customize according to your will Noon Gift Cards are not just about practicality. They are super versatile and you can customize them as you like, starting from a range of card designs that are fit for any occasion to choosing a denomination that best suits your wallet. Your loved ones will receive the eGift on their email or via a WhatsApp link, with an exciting digital unwrapping experience like never before. How to use Noon Gift Cards? Redeeming your Noon Gift Card is as easy as it gets – Once you find and buy a suitable Noon Gift Card, expect the purchased voucher to hit your inbox in the next 24 hours. Log in or create an account on Noon. Navigate to the ‘Noon-credit’ section under ‘my account’ and opt for the ‘Redeem Gift Card’ option. While checking out, choose Noon credits as your preferred payment option. Safe and secure gifting Bid goodbye to the hassle of returns and refunds, as they are directly managed by Noon. These gift cards are backed by top-notch security features to prevent unauthorized use. From adding the 16-digit gift card number and 4-digit pin to redeem the Noon credits, your details are safe and secure. You also stand the chance to get discounts on gift cards across Noon’s affiliates – noon.com, noon Grocery, noon food, noon minutes, and Now Now. Don’t let enticing offers slip away, as Noon Gift Cards are valid only till 12 months from the date of their purchase. With Noon Gift Cards, discover a seamless shopping experience delivered straight to the recipient’s door. With many offers and discounts, Sav makes you want to come back for more. FAQs 1. What is Sav? Sav is a money-management app, allowing you to stick to your money goals, plan for the future, and spend confidently in the present.Your Sav card helps you meet your goals – just connect your bank account, top up your Sav card, choose goals you would like to set aside money for, and apply rules that automatically allocate funds toward your goals. The money set aside for your goals is safe. It is always available on your prepaid card and held with our partner financial institutions licensed by the CB UAE.You can use your Sav card to get additional rewards and cashbacks while spending. Check out our offer page to find the latest deals and promotions. 2. Is Sav a bank? No, ‘Sav Technologies Limited’ is a technology company registered in the Dubai International Financial Centre, Dubai, UAE, with registration number # 5474. Through our banking partnership with Mashreq Bank, VISA and NymCard, we provide VISA prepaid cards. 3. Does Sav issue bank accounts? No, Sav does not issue any bank accounts. Instead, Sav offers prepaid Visa cards issued by our partner bank, Mashreq Bank PSC, pursuant to their license from Visa. The money in your savings goals is always held with our partner bank in your individual Sav Card. 4. How is my Mashreq account different to the Sav account? At Sav, we do not issue any bank account. It’s a prepaid Visa card. Share article Instagram Linkedin Facebook-square Twitter-square

Sav App Release 4.0.42: New Features & Updates

Tech / By Abdul Husein

Sav App Release 4.0.42: New Features & Updates What’s New? We’ve made important security enhancements and fixed a few bugs to improve your overall experience. We’re constantly working to enhance your Sav experience. Thank you for choosing Sav! FAQs 1. What is Sav? Sav is a money-management app, allowing you to stick to your money goals, plan for the future, and spend confidently in the present.Your Sav card helps you meet your goals – just connect your bank account, top up your Sav card, choose goals you would like to set aside money for, and apply rules that automatically allocate funds toward your goals. The money set aside for your goals is safe. It is always available on your prepaid card and held with our partner financial institutions licensed by the CB UAE.You can use your Sav card to get additional rewards and cashbacks while spending. Check out our offer page to find the latest deals and promotions. 2. Is Sav a bank? No, ‘Sav Technologies Limited’ is a technology company registered in the Dubai International Financial Centre, Dubai, UAE, with registration number # 5474. Through our banking partnership with Mashreq Bank, VISA and NymCard, we provide VISA prepaid cards. 3. Does Sav issue bank accounts? No, Sav does not issue any bank accounts. Instead, Sav offers prepaid Visa cards issued by our partner bank, Mashreq Bank PSC, pursuant to their license from Visa. The money in your savings goals is always held with our partner bank in your individual Sav Card. 4. How is my Mashreq account different to the Sav account? At Sav, we do not issue any bank account. It’s a prepaid Visa card. Share article Instagram Linkedin Facebook-square Twitter-square

Save More, Explore More: Discover Dubai’s Iconic Attractions On A Budget

Lifestyle & Money / By Abdul Husein

Save More, Explore More: Discover Dubai’s Iconic Attractions On A Budget Dubai is the city of marvels, a cosmopolitan hub where the sky’s the limit. No wonder it welcomed 17.15 million international visitors in 2023, representing 19.42 YoY growth. Known for its towering skyline, adventurous desert landscapes, and unlimited shopping centres, it often gives the impression of an expensive holiday destination. But what if you could experience the best of Dubai without burning a hole in your pocket? Discover the best of Dubai on a budget Are you yearning to witness the breathtaking views of the world’s tallest tower, Burj Khalifa, experience the thrill of a desert safari, explore the world-class facilities of the Burj Al Arab, or enjoy the world’s largest man-made island, the Palm? Sav offers unbeatable deals on Desert Adventures Tourism, so you can embark on an exquisite Dubai trip. Desert Adventures Tourism – A premier destination management company For over 27 years, Desert Adventures Tourism has been a trusted name in destination management across the UAE, Oman, and Jordan, making it easier for travellers to explore the Arabian peninsula. Choose Sav To Book Your Trip With Desert Adventures Tourism Experience Dubai in all its glory, knowing you have snagged a great deal. Sav offers holiday packages with Desert Adventures Tourism at great discounts. Here’s why you should opt for Sav: Sav offers a range of tailor-made tour packages suitable for couples’ romantic retreats or family-oriented getaways. From its golden dunes to a Bedouin-style dinner, once you have booked Desert Adventures Tourism through Sav, be a part of a speciality tour to experience the vastness of Dubai with this destination management company’s deep knowledge of the region and extensive partnerships with local tour operators. Thanks to Sav, Desert Adventures Tourism facilitates a smooth travel experience and accommodates you with the best lodging options, courtesy of its intricate network of fine local and global hotels. Sav offers exceptional discounts on Desert Adventures Tourism’s holiday packages. Their strong working relations with the government and tourism authorities enable them to process visa applications efficiently. How to use this travel offer from Sav? Before you set out on a travel adventure, here’s how you can redeem your Desert Adventures travel voucher from the Sav platform. Once all the bookings are done, a confirmation mail will hit your inbox with your booking reference number, terms and conditions, and other essential details. The Desert Adventure company will contact you to confirm your preferred date and time, ensuring seamless finalisation of the services and a hassle-free travel experience. With the rate at which Dubai steadily develops its tourism sector, one trip to this city is never the same. There is always something more novel and new to return to, owing to their commitment to sustainability and technological growth. And with the flexibility that Desert Adventures Tourism provides exclusively through Sav, such travel packages to Dubai are hard to come by. All you need to do is join the adventure without worrying about the price tag. Sav ensures you get the best deal while enjoying the ultimate Arabian experience. Make memories of a lifetime with travel offers from tourism companies like Desert Adventures Tourism. Be on the lookout for more such gripping vouchers that offer exhilarating experiences without breaking the bank. FAQs 1. What is Sav? Sav is a money-management app, allowing you to stick to your money goals, plan for the future, and spend confidently in the present.Your Sav card helps you meet your goals – just connect your bank account, top up your Sav card, choose goals you would like to set aside money for, and apply rules that automatically allocate funds toward your goals. The money set aside for your goals is safe. It is always available on your prepaid card and held with our partner financial institutions licensed by the CB UAE.You can use your Sav card to get additional rewards and cashbacks while spending. Check out our offer page to find the latest deals and promotions. 2. Is Sav a bank? No, ‘Sav Technologies Limited’ is a technology company registered in the Dubai International Financial Centre, Dubai, UAE, with registration number # 5474. Through our banking partnership with Mashreq Bank, VISA and NymCard, we provide VISA prepaid cards. 3. Does Sav issue bank accounts? No, Sav does not issue any bank accounts. Instead, Sav offers prepaid Visa cards issued by our partner bank, Mashreq Bank PSC, pursuant to their license from Visa. The money in your savings goals is always held with our partner bank in your individual Sav Card. 4. How is my Mashreq account different to the Sav account? At Sav, we do not issue any bank account. It’s a prepaid Visa card. Share article Instagram Linkedin Facebook-square Twitter-square

Convenience In A Card: Why Noon Gift Cards Are Dubai’s Go-To For Smart Gifting

Gifts, Rewards & Commerce / By Abdul Husein

Give The Gift Of Choice: Maximize Your Savings With Amazon.ae Gift Cards

Gifts, Rewards & Commerce / By Srishti Narang

Give The Gift Of Choice: Maximize Your Savings With Amazon.ae Gift Cards Be it birthdays, anniversaries, housewarming parties, or any special occasion, we have all faced the dilemma of picking the right present as a thoughtful gesture. Very often, finding the perfect gift can be a daunting task. But not when you have ideal gift cards and coupons at your disposal. Gift cards are the ultimate solution for those looking to offer flexibility and choice without the hassle of guesswork. Stating that these vouchers are convenient would be an understatement. For the buyer, these gift vouchers offer peace of mind, eliminating the stress of selecting the wrong gift. For the recipients, they enable them to purchase their desired product while offering a secure and seamless way to shop. The benefits of these gift vouchers don’t stop here. They are a surefire way of helping you shop smartly, make long-term financial goals, and save big during sales. With more customers shifting to online shopping, gift cards and vouchers are becoming the go-to solution for smart spending and effortless gifting. Saving big with Amazon.ae Gift Cards Amazon.ae Gift Cards are your one-stop-shop solution for all your online shopping requirements in the UAE. From gadgets to home appliances and fashion to groceries, you name it – everything is just one click away. Discover new products across categories for different occasions, all under one roof. Why Amazon.ae Gift cards, you wonder? They are a game-changer. Whether you are planning for future purchases or need a last-minute shopping fix, Amazon.ae Gift Cards can be your go-to catering to all your online shopping needs. 1. No fees, no worries – Unlike many vouchers and gift cards that come with hidden fees or expiration dates, Amazon.ae Gift Cards don’t expire for 10 years. You have complete control over when you decide to redeem them at no fees at all. All you have to do is redeem the card in your account, and the balance will be applied to your next eligible purchase. This feature mitigates the possibility of hasty purchases. Get your money’s worth with amazing discounts on gift cards without feeling a pocket pinch. 2. Cross-border shopping made easy – Amazon. ae Gift Cards can be used in Oman, Bahrain, and Kuwait. Whether you are living in these countries or have friends and family abroad, you can offer a trouble-free shopping experience across borders. 3. Customisation for every possibility – Amazon.ae Gift Cards come with multiple customisation options. From its different card designs to denominations, personalize the card according to your liking. Want to surprise someone on their birthday? Schedule the delivery for up to a year in advance. This feature makes Amazon.ae Gift Cards a ‘wow-cher’ for special occasions. 4. A seamless redeeming process – Redeeming your gift card has never been easier! Locate the claim code, go to ‘Redeem a Gift Card’, and enter the claim code. Your funds are now ready to be used for any product in the vast repository of Amazon.ae. You can also apply your gift card while checking out and avail of exclusive discounts on gift cards, ensuring you save every time you shop. Explore endless possibilities with Amazon.ae Gift Cards You can shop on Amazon.ae either on the Amazon app available on both iPhone and Android platforms or you can explore the website. Rest assured, both these portals will offer a fast and rich browsing experience, accurate search results, trusted product reviews, and localised and personalised recommendations based on your interests. Amazon.ae Gift Cards are more than just a thoughtful present; they are a must-have for shopping enthusiasts. Sav is the ultimate hub, churning out discounts every now and then. So, whether you are purchasing for yourself or for someone else, add Amazon. ae Gift Cards to your list today, and keep an eye out for such exciting offers! FAQs 1. What is Sav? Sav is a money-management app, allowing you to stick to your money goals, plan for the future, and spend confidently in the present.Your Sav card helps you meet your goals – just connect your bank account, top up your Sav card, choose goals you would like to set aside money for, and apply rules that automatically allocate funds toward your goals. The money set aside for your goals is safe. It is always available on your prepaid card and held with our partner financial institutions licensed by the CB UAE.You can use your Sav card to get additional rewards and cashbacks while spending. Check out our offer page to find the latest deals and promotions. 2. Is Sav a bank? No, ‘Sav Technologies Limited’ is a technology company registered in the Dubai International Financial Centre, Dubai, UAE, with registration number # 5474. Through our banking partnership with Mashreq Bank, VISA and NymCard, we provide VISA prepaid cards. 3. Does Sav issue bank accounts? No, Sav does not issue any bank accounts. Instead, Sav offers prepaid Visa cards issued by our partner bank, Mashreq Bank PSC, pursuant to their license from Visa. The money in your savings goals is always held with our partner bank in your individual Sav Card. 4. How is my Mashreq account different to the Sav account? At Sav, we do not issue any bank account. It’s a prepaid Visa card. Share article Instagram Linkedin Facebook-square Twitter-square

Sav App Release 4.0.41: New Features & Updates

Tech / By Abdul Husein

Sav App Release 4.0.41: New Features & Updates What’s new? MyMoney now provides automatic insights into your spending across all 17 categories, showing whether you’re spending more or less in each category compared to last month—no extra steps required! You can now recategorize transactions according to your preferences, offering greater flexibility in tracking expenses. Purchase Amazon gift cards directly within the app for your convenience. We’re constantly working to enhance your Sav experience. Thank you for choosing Sav! FAQs 1. What is Sav? Sav is a money-management app, allowing you to stick to your money goals, plan for the future, and spend confidently in the present.Your Sav card helps you meet your goals – just connect your bank account, top up your Sav card, choose goals you would like to set aside money for, and apply rules that automatically allocate funds toward your goals. The money set aside for your goals is safe. It is always available on your prepaid card and held with our partner financial institutions licensed by the CB UAE.You can use your Sav card to get additional rewards and cashbacks while spending. Check out our offer page to find the latest deals and promotions. 2. Is Sav a bank? No, ‘Sav Technologies Limited’ is a technology company registered in the Dubai International Financial Centre, Dubai, UAE, with registration number # 5474. Through our banking partnership with Mashreq Bank, VISA and NymCard, we provide VISA prepaid cards. 3. Does Sav issue bank accounts? No, Sav does not issue any bank accounts. Instead, Sav offers prepaid Visa cards issued by our partner bank, Mashreq Bank PSC, pursuant to their license from Visa. The money in your savings goals is always held with our partner bank in your individual Sav Card. 4. How is my Mashreq account different to the Sav account? At Sav, we do not issue any bank account. It’s a prepaid Visa card. Share article Instagram Linkedin Facebook-square Twitter-square