Finance Personal Finance

Personal Finance

88% of affluent people living in UAE have credit obligations

Survey shows improvement in the levels of awareness of the Bureau and Credit Reports Credit cards are most common form of credit, followed by...

Al Etihad Credit Bureau automates bank credit report-pulling processes

· Retrieving & using credit data will be streamlined across all users within a bank through full system to system integration. · The automation of...

UAE to begin implementing G20, OECD procedures for tax information exchange

The Ministry of Finance (MoF) has announced that the UAE will begin implementing the standards of joint disclosures and the exchange of information for...

Number of Billionaires Jumps 10% Worldwide

UBS/PwC Billionaires Report 2017: Return to Growth for Billionaires Globally, with Asia Outpacing the US for the First Time Globally, the total wealth of billionaires...

How to Survive in Economic Recession

Spreading economic recession and low crude prices have undeniably impacted many people based in oil producing and exporting countries. The complex nature of aiming...

Customers Who Pay By Card Less Likely to Remember Paid Amounts

The transparency of spending money depends on the mode of payment used: cash, single-function cards that offer only a payment function, or multifunctional cards...

UAE residents in the dark about credit card interest rates

Credit card interest rates in the UAE are misunderstood Nearly two thirds of credit card holders in the UAE are unaware of the interest rate...

Western Union Enables Money Transfers via Messenger

Western Union, a leader in global payments, today announced an innovative and compelling way for Facebook Messenger users in the U.S. to send money...

5 Ways Living in Dubai is Costing You

Staying on a budget while living in Dubai is incredibly difficult. Learn how you can organize your personal finance to stay on budget while...

53 percent of UAE residents don’t think they earn enough to...

A new survey on the saving habits of UAE residents revealed that 53 percent of respondents don’t think they earn enough money to allow...

Mortgage enquiries up; especially from middle-bracket earners

While the property market appears to be simultaneously booming and crashing, depending on which statistic you follow, or which article you read, one source...

UAE Banks Federation: Tips to Avoid Falling Victim to Scams

Continuing its efforts to raise public awareness of financial fraud and protect consumers’ personal information against unauthorized access and use, the UAE Banks Federation...
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