Mortgages And Loans

Drowning in debt

Debt is a fact of life for tens of thousands of expatriates living in the UAE. The lifestyle makes it virtually impossible to start up a life in the Emirates without borrowing money from the bank - be it through a credit card or a loan. Diana Milne analyses the repercussions and the possible solutions.

Borrowers beware

Personal loans can provide a quick fix in times of need, but if you don't read the small print you could find yourself paying more than you ever bargained for.

Money clinic

Every month we provide a step-by-step guide to a different financial product. In this month's Money Clinic - we examine personal loans.

Sharia success

Islamic products are big business with local and international banks keen to get onboard.

Bahrain proposes mortgage curbs

Central bank proposes capping value of mortgages to limit banks' exposure to real estate market.

UAE mortgage lowered

Mortgages in the UAE are set to become cheaper as UAE banks get ready to follow the lead of the Central Bank which has cut domestic rates by 15bps.