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Thursday, 26 November 2009 06:51 UAE time

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Monday, 18 February 2008

Nationals missing out of Gulf economic boom

Personal Finance
Salary survey reveals despite soaring wages, nationals not among highest paid.

Nationals missing out of Gulf economic boom

Over one fifth of expats send no money home

Personal Finance
Survey also reveals Westerners repatriate significant percentage of earnings.


Four in five feel underpaid

Personal Finance
While 30% claim they earn well under what they should.

Four in five feel underpaid

Saturday, 09 February 2008

Oman hikes salaries up to 43%

Personal Finance
Sultanate's ruler orders rise in state workers' wages and wheat subsidy to curb impact of rising inflation.

Oman hikes salaries up to 43%

Wednesday, 06 February 2008

UAE consumer confidence takes hit

Personal Finance
Optimism over income, employment and stock markets for first half of 2008 dips, MasterCard study shows.

UAE consumer confidence takes hit

Wednesday, 30 January 2008

Saudi mortgage law in final stages

Personal Finance
Legislation will allow more residents to buy property in country where just one in five owns a home.


Saudi wage hikes to cost $16bn

Personal Finance
Increases in public sector salaries, pensions and benefits to drive up public wage bill by almost 16%.

Saudi wage hikes to cost $16bn

Friday, 25 January 2008

Cash handouts for families hit by soaring prices

Personal Finance
Low paid Bahrainis could receive $400 per month in government handouts.


Monday, 21 January 2008

Residents face huge bills in wake of rainstorms

Personal Finance
Less than 5% of the four million people living in the UAE have home insurance, broker says.

Residents face huge bills in wake of rainstorms

Sunday, 20 January 2008

Tamweel quadruple profit

Personal Finance
Second-largest UAE mortgage financer sees net income increase 285% year-on-year to $56.36mn.

Tamweel quadruple profit

Sunday, 13 January 2008

Saudi's largest insurer sees earnings plummet

Personal Finance
National Company for Cooperative Insurance posts Q4 profit of $9.5mn, down 65%.


Amlak posts record profit

Personal Finance
Eight-fold rise in Q4 earnings to $35mn helps largest UAE mortgage lender beat full-year target.

Amlak posts record profit

Friday, 04 January 2008

UAE attacks cash-in-hand culture

Personal Finance
Labour Ministry promises tough action against companies that continue to pay workers in cash.


Monday, 10 December 2007

Dubai Islamic Bank in National Bonds tie-up

Personal Finance
Dubai Islamic Bank has joined forces with the emirate's ‘National Bonds' savings scheme, to make it available in all DIB's 45 outlets.


Wednesday, 05 December 2007

Branson to bring Virgin Money to Dubai

Personal Finance
Virgin tycoon Sir Richard Branson is considering bringing his financial services company Virgin Money to Dubai.

Branson to bring Virgin Money to Dubai

Sunday, 18 November 2007

Wall Street Exchange partners with Axis Bank

Personal Finance
The Wall Street Exchange Centre Dubai has agreed to a remittance arrangement with India's Axis Bank.


Monday, 01 October 2007

Raising insurance standards

Personal Finance
New standards of professional certification could be set for the region's insurance industry, thanks to an initiative by Nexus in partnership with the UK's Chartered Insurance Institute (CII).

Raising insurance standards

Sunday, 30 September 2007

UAE mortgage lowered

Personal Finance
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.

UAE mortgage lowered

Monday, 12 February 2007

Quest to find Mr and Mrs Average

Personal Finance
A UAE-wide survey will gather financial data and aim to identify the country's typical household.

Quest to find Mr and Mrs Average

Friday, 09 February 2007

BA imposes $470 fee for second suitcase

Personal Finance
Economy class passengers flying out of Middle Eastern airports will have to pay the excess.


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