therefore are unable to rent another property for ourselves as we are covering a mortgage of a home someone else is living in. Part of August was meant for us to settle into our home, get routines in …
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Saudi Arabia: 11 arrested for duping bank customers, stealing cash
Criminal racket set messages to customers saying ATM cards deactivated Dubai: Eleven men have been arrested in Saudi Arabia for impersonating bank employees and stealing money from the accounts of …
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Dubai Investment Fund diversifying investment with bets on innovative tech
The financial world is looking past the public hype and the current tech darlings to focus on diverse innovations and enterprise tech that promise to solve problems, increase productivity, and create …
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Dubai records over AED1.7 billion in real estate transactions Monday
Dubai real estate market recorded 562 sales transactions worth AED1.42 billion, in addition to 75 mortgage deals of AED271.02 million, and 42 gift deals amounting to AED94.62 million on Monday, data …
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Dubai government’s investment vehicle reaped solid profits in H1 2022
The strength of the container trade in the global markets is believed to be increasing as the effects of the pandemic are slowly subsiding …
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UAE’s Al Ansari Exchange picks banks for Dubai listing
Al Ansari Exchange was set up almost 60 years ago and currently has over 200 branches in the UAE, making it one of the largest exchange companies in the country. In addition to ex …
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Indian rupee dips further, should expats in UAE remit now?
Analysts are veering towards the opinion that an entry by RBI (Reserve Bank of India) to halt the rupee slide will more likely if it hits 81 to the dollar. The current rupee-dolla …
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UAE vice president: non-oil trade at 1.58 trillion Dirhams in H1/22
The United Arab Emirates non-oil trade hit 1.58 trillion Dirhams in the first half of 2022, climbing by 17% from same period last year, the gulf country’s vice president said on Monday in a tweet.
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Ex-pats return UK to find woman in their home who ‘won’t leave’
A DESPERATE couple with two young children have been left “homeless” after returning to their front door after living abroad to find their tenant was yet to move out.
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UAE: Gold prices hit over 3-month low; 22K below Dh200 per gram
In the UAE, the 24K price fell to Dh211.25 per gram on Monday morning … In the latest Fed commentary, James Bullard, president of St. Louis Fed Bank, said he is considering support for a third …
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Overview of Islamic Finance Development in UAE
His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Ruler of Dubai, unveiled the ‘Capital of the Islamic Economy’ initiative, a groundbreaking, all-encompassing vision to furthe …
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Indian rupee dips to 21.74/Dh, but UAE’s Indian expats should wait longer on remittance plans
Image Credit: Shutterstock Dubai: The Indian rupee has started the … Analysts are veering towards the opinion that an entry by RBI (Reserve Bank of India) to halt the rupee slide will more …
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Parents left homeless after returning from Dubai to find tenant ‘won’t leave’
A couple who are parents to two young children have been left ‘helpless and homeless’ after returning home to their property they were renting out to find the tenants had not left. It has left Carna …
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Dubai looks to restart mothballed luxury developments for wave of wealthy incomers
Dubai developers are dusting off plans for long-dormant projects as demand for luxury property surges from a wave of wealthy new arrivals to the Gulf city-state. State and government-related real …
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UAE: Can a travel ban be imposed over unpaid loans, credit card dues?
Under what circumstances can a travel ban be imposed on me over outstanding loans and credit card dues? How do I find if I have a travel ban? Response: Pursuant to you queries, it is assumed that you …
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Standard Chartered Appoints Ayesha Abbas as UAE Head Of Consumer, Private And Business Banking
Private and Business Banking, UAE. In this role, Ayesha will “report to Rola Abu Manneh, Chief Executive Officer, Standard Chartered, UAE and Bongiwe Gangeni, Regional Head, CPBB, MENA and Europe.” …
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Egypt: Sale of state assets to Saudi and UAE wealth funds divides opinion
As Cairo pushes privatisation to mitigate economic setbacks, the motives of Arab states investing billions of dollars are being questioned …
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