An Emirates plane at this year's Paris Air Show at Le Bourget Airport, France. EPA
An Emirates plane at this year's Paris Air Show at Le Bourget Airport, France. EPA
An Emirates plane at this year's Paris Air Show at Le Bourget Airport, France. EPA
An Emirates plane at this year's Paris Air Show at Le Bourget Airport, France. EPA

Emirates and Dubai Duty Free consider crypto payments in 'future-proofing' move


Deena Kamel
  • English
  • Arabic

Emirates and Dubai Duty Free are considering accepting crypto currencies as payment, in the latest sign of the aviation industry seeking to "future-proof" its business, analysts say.

The airline and airport retailer on Wednesday separately said they had signed an initial agreement with Crypto.com to allow customers to pay through the crypto trading platform's payment service.

Emirates said the initiative is expected to come into effect this year. The move will help the airline tap into "younger, tech-savvy customer segments who prefer digital currencies", while also providing its customers with "greater flexibility and choice", said Adnan Kazim, Emirates' deputy president and chief commercial officer.

The partnership represents a shared ambition to "transform travel and commerce", said Sheikh Ahmed bin Saeed, chairman and chief executive of Emirates Airline and group.

"By exploring advanced digital payment solutions, we aim to enhance the experience for travellers at every touchpoint – from booking to retail," he said in a post on X.

Ramesh Cidambi, managing director of Dubai Duty Free, said adopting digital currency payments, such as cryptocurrency, is a "forward-looking step" that will add "significant value" to the airport retailer's diverse customer base.

Emirates and Dubai Duty Free are the latest in the industry to shift towards digital currency payments. In May, Air Arabia, the UAE's only listed airline, said it will start accepting the UAE-regulated stablecoin, AE Coin, as payment for bookings.

Dubai's tourism chief in May said the emirate was well-placed to take the lead on accepting cryptocurrency payments at its hotels and other tourist establishments to help attract more international visitors.

The move would be a “great” opportunity for the travel and tourism sector, provided it is well-regulated, especially as Dubai's Virtual Assets Regulatory Authority (Vara) already has frameworks in place for cryptocurrencies, Issam Kazim, chief executive of Dubai Corporation for Tourism and Commerce Marketing, told The National at the time.

Future-proofing the sector

Dubai set up watchdog Vara in 2022 to regulate the emerging virtual assets sector.

"The growing interest in crypto and stablecoin payments among airlines – particularly in the GCC – is a strategic signal of the industry’s pivot towards digital innovation and financial inclusivity," said Linus Bauer, founder and managing director of UAE-based consultancy BAA & Partners.

"For carriers like Emirates, this isn’t just about novelty – it’s about future-proofing."

In the Gulf, digital currency adoption is high and governments are supportive of blockchain initiatives, so the acceptance of cryptocurrency payments by airlines can become a differentiator, analysts say.

"It may initially appeal most to younger, tech-savvy travellers and high-net-worth individuals comfortable with decentralised finance, but the long-term potential is broader, especially for ancillary services like in-flight shopping, duty-free and loyalty programmes," Mr Bauer said.

Companies will need to evaluate the costs, compatibility, legal compliance and risks of digital currency volatility, experts warn.

"While the integration costs are manageable with the right FinTech partners, legacy system compatibility, compliance and volatility risk must be carefully managed. Transaction fees can be lower than traditional cards and settlement is faster – another operational advantage," Mr Bauer said.

"Ultimately, crypto payments won’t replace conventional methods soon, but for airlines that want to lead in customer experience and digital agility, offering crypto is increasingly a smart, forward-leaning move."

ESSENTIALS

The flights

Emirates flies from Dubai to Phnom Penh via Yangon from Dh2,700 return including taxes. Cambodia Bayon Airlines and Cambodia Angkor Air offer return flights from Phnom Penh to Siem Reap from Dh250 return including taxes. The flight takes about 45 minutes.

The hotels

Rooms at the Raffles Le Royal in Phnom Penh cost from $225 (Dh826) per night including taxes. Rooms at the Grand Hotel d'Angkor cost from $261 (Dh960) per night including taxes.

The tours

A cyclo architecture tour of Phnom Penh costs from $20 (Dh75) per person for about three hours, with Khmer Architecture Tours. Tailor-made tours of all of Cambodia, or sites like Angkor alone, can be arranged by About Asia Travel. Emirates Holidays also offers packages. 

What's in the deal?

Agreement aims to boost trade by £25.5bn a year in the long run, compared with a total of £42.6bn in 2024

India will slash levies on medical devices, machinery, cosmetics, soft drinks and lamb.

India will also cut automotive tariffs to 10% under a quota from over 100% currently.

Indian employees in the UK will receive three years exemption from social security payments

India expects 99% of exports to benefit from zero duty, raising opportunities for textiles, marine products, footwear and jewellery

EA Sports FC 25
UAE currency: the story behind the money in your pockets
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Jetour T1 specs

Engine: 2-litre turbocharged

Power: 254hp

Torque: 390Nm

Price: From Dh126,000

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Six large-scale objects on show
  • Concrete wall and windows from the now demolished Robin Hood Gardens housing estate in Poplar
  • The 17th Century Agra Colonnade, from the bathhouse of the fort of Agra in India
  • A stagecloth for The Ballet Russes that is 10m high – the largest Picasso in the world
  • Frank Lloyd Wright’s 1930s Kaufmann Office
  • A full-scale Frankfurt Kitchen designed by Margarete Schütte-Lihotzky, which transformed kitchen design in the 20th century
  • Torrijos Palace dome
Five%20calorie-packed%20Ramadan%20drinks
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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
match info

Union Berlin 0

Bayern Munich 1 (Lewandowski 40' pen, Pavard 80')

Man of the Match: Benjamin Pavard (Bayern Munich)

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Key findings of Jenkins report
  • Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
  • Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
  • Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
  • Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
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Why are asylum seekers being housed in hotels?

The number of asylum applications in the UK has reached a new record high, driven by those illegally entering the country in small boats crossing the English Channel.

A total of 111,084 people applied for asylum in the UK in the year to June 2025, the highest number for any 12-month period since current records began in 2001.

Asylum seekers and their families can be housed in temporary accommodation while their claim is assessed.

The Home Office provides the accommodation, meaning asylum seekers cannot choose where they live.

When there is not enough housing, the Home Office can move people to hotels or large sites like former military bases.

The biog

Age: 59

From: Giza Governorate, Egypt

Family: A daughter, two sons and wife

Favourite tree: Ghaf

Runner up favourite tree: Frankincense 

Favourite place on Sir Bani Yas Island: “I love all of Sir Bani Yas. Every spot of Sir Bani Yas, I love it.”

Sun jukebox

Rufus Thomas, Bear Cat (The Answer to Hound Dog) (1953)

This rip-off of Leiber/Stoller’s early rock stomper brought a lawsuit against Phillips and necessitated Presley’s premature sale to RCA.

Elvis Presley, Mystery Train (1955)

The B-side of Presley’s final single for Sun bops with a drummer-less groove.

Johnny Cash and the Tennessee Two, Folsom Prison Blues (1955)

Originally recorded for Sun, Cash’s signature tune was performed for inmates of the titular prison 13 years later.

Carl Perkins, Blue Suede Shoes (1956)

Within a month of Sun’s February release Elvis had his version out on RCA.

Roy Orbison, Ooby Dooby (1956)

An essential piece of irreverent juvenilia from Orbison.

Jerry Lee Lewis, Great Balls of Fire (1957)

Lee’s trademark anthem is one of the era’s best-remembered – and best-selling – songs.

GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

The specs

Engine: 4-litre twin-turbo V8

Transmission: nine-speed

Power: 542bhp

Torque: 700Nm

Price: Dh848,000

On sale: now

UAE currency: the story behind the money in your pockets
Why seagrass matters
  • Carbon sink: Seagrass sequesters carbon up to 35X faster than tropical rainforests
  • Marine nursery: Crucial habitat for juvenile fish, crustations, and invertebrates
  • Biodiversity: Support species like sea turtles, dugongs, and seabirds
  • Coastal protection: Reduce erosion and improve water quality
What sanctions would be reimposed?

Under ‘snapback’, measures imposed on Iran by the UN Security Council in six resolutions would be restored, including:

  • An arms embargo
  • A ban on uranium enrichment and reprocessing
  • A ban on launches and other activities with ballistic missiles capable of delivering nuclear weapons, as well as ballistic missile technology transfer and technical assistance
  • A targeted global asset freeze and travel ban on Iranian individuals and entities
  • Authorisation for countries to inspect Iran Air Cargo and Islamic Republic of Iran Shipping Lines cargoes for banned goods
UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

Updated: July 09, 2025, 2:42 PM`