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...
Fitch affirms ratings of 11 UAE Banks
“The affirmation of the banks' Long-Term IDRs, Support Ratings and Support Rating Floors, except for Emirates Islamic Bank PJSC (EI) and Commercial Bank International...
5 Unexpected Expenses You Should Expect
Having an emergency fund is not so uncommon today. Most people meticulously save for things like holidays, retirement and a special personal treat every...
How to earn more money in 2016
In the beginning of 2016, "How to earn more money" is a dilemma for many people. Improving your income is one of the best...
Investors Won’t Chase Gold Markets Next Week
Gold markets broke out to the upside past week. As of now, the market looks bullish and traders expect gold prices to reach towards...
UAE banks agree on “mini insolvency law” to help struggling SMEs
UAE banks have agreed to halt criminal prosecutions for bounced cheques drawn by small to medium-sized business customers under a “rescue initiative" launched by...
Why You Need to Create Multiple Streams of Income
In uncertain times, people often fear that they may lose their jobs from one week to the next. But those who have managed to...
S&P affirms Abu Dhabi’s ratings
S&P Global Ratings affirmed its 'AA' long-term and 'A-1+' short-term foreign and local currency sovereign credit ratings on the Emirate of Abu Dhabi; The...
Physical Gold Demand Hit 7-Year Low in 2016
After three years of losses, gold prices rebounded in 2016. As a result physical gold demand dropped 20 percent, its lowest since 2009, according...
Start Path Global Startups Forecast a Fintech Future
Mastercard Start Path Global Startups Forecast a Fintech Future
Applications currently being accepted for Start Path Global 2017 summer class
Today, Mastercard announced opening...
DGCX Traded 1.37 Million Contracts in January, $ 33 Billion
The Dubai Gold and Commodities Exchange, DGCX, has traded an aggregate 1.37 million contracts in January, valued at US$33 billion.
The exchange recorded its highest...
Optimistic Forecast: UBS Sees Gold Price Averaging $1,350 in 2017
Swiss bank UBS forecasts gold price to average $1,350 an ounce in 2017, characterizing the metal as “down but not out” after significant declines...
US Federal Reserve System Raises Base Interest Rate
The US Federal Reserve System acting as the national central bank has raised the base interest rate by 25 percentage points to 0.5-0.75%, the...
5 Tips To Ensure Your Financial Investments Are Safe
The law governing financial crimes right across the UAE has been tightened up with the establishment of the Dubai Economic Security Centre. This body,...
Emerging Markets Retail Banking Growth Slows
Retail bank growth across 12 emerging markets, referred to as the EM12, will slow according to a new report titled “Playing to Win, Retail...
Industrial Commodities Prices to Surge in 2017
Tight supply, strong demand boosts energy, metals prices
The World Bank is forecasting strong gains for industrial commodities such as energy and metals in 2017,...
Moving Money to Dubai
International money transfers are a significant topic for discussion for the approximately 7.8m expatriates living in the UAE. It’s more of an issue in...
UAE’s Private Education Market Will Grow by 40% in 5 Years
According to a new report today by The Boston Consulting Group (BCG), entitled ‘Where to Invest Now in the GCC Private Education’, the UAE’s...