News, Middle East Personal Finance News

Thursday, 26 November 2009
updated 1 minute ago
04:11 UAE time

YOUR DIRECTORY /

Tuesday, 18 November 2008

Western Union waives transfer fees to Yemen

Personal Finance
Saudi money transfers to flood-hit country will be free of charge until Nov 30.

Monday, 17 November 2008

More banks curb lending to low wage earners

Personal Finance
Banks across UAE hike minimum monthly salary needed to qualify for personal loan.

AED25k a month salary to get loan with Lloyds

Personal Finance
EXCLUSIVE: British lender hikes minimum monthly wage needed to qualify for loan.

UAE mortgage lending almost doubled in H1

Personal Finance
Latest central bank figures reveal massive increase in year to June.

Bank introduces online Salik payments system

Personal Finance
Dubai Islamic Bank offers new service to customers after agreement with RTA.

Monday, 10 November 2008

HSBC: AED20,000 monthly salary needed to get loan

Personal Finance
EXCLUSIVE: Bank doubles minimum amount someone in UAE must earn to qualify.

Lloyds TSB stops home loans on UAE flats

Personal Finance
EXCLUSIVE: UK's third largest mortgage lender also drops loan to value ratio on villas to 50%.

Monday, 27 October 2008

Emirates NBD launches consumer finance firm

Personal Finance
Emirates Money to offer loans to individuals and small and medium sized businesses.

Sunday, 26 October 2008

Saudi extends $2.6bn credit to low income citizens

Personal Finance
UPDATE 1: King orders money be deposited in Saudi Credit Bank for interest-free loans.

Friday, 24 October 2008

Rupee value fall prompts money transfer flurry

Personal Finance
Indian expats now getting 30% more for their money compared to June.

Wednesday, 22 October 2008

UK expats cash in as pound plummets

Personal Finance
British pound falls to lowest level against dollar in more than five years on recession fears.

Thursday, 16 October 2008

MAF joins forces to launch new UAE credit card

Personal Finance
Majid Al Futtaim initiative will offer discounts at stores such as Carrefour and Mexx.

Thursday, 09 October 2008

Mortgage curbs to hit first time buyers

Personal Finance
Home buyers could be forced from UAE property market after mortgage lenders rein in loans.

Saudis must be shielded from crisis - king

Personal Finance
King Abdullah tells state bodies to limit effects of financial crisis on savings.

Wednesday, 08 October 2008

Egypt stocks fall again on global market woes

Personal Finance
CIB recovers after 40% plunge on Tuesday as US and European rate cuts announced.

Banks cut mortgage lending limit by up to 25%

Personal Finance
EXCLUSIVE: Lenders in UAE reduce loan to value ratios amid global credit crunch.

Monday, 06 October 2008

UAE Central Bank launches ATM fraud probe

Personal Finance
Investigation into crisis that affected thousands of customers across the country.

Wednesday, 24 September 2008

Standard Chartered, Aldar in mortgage deal

Personal Finance
Bank to provide home financing for firm's properties, to be more selective of clients.

Thursday, 11 September 2008

Lloyds TSB urges all customers to change PIN numbers

Personal Finance
Bank's urgent call in Middle East following criminal activity involving ATMs.

Friday, 05 September 2008

Gulf's rich just get richer - report

Personal Finance
The top one percent of of all households own 35 percent of world's wealth, says US research.

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READER COMMENTS

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Reader Comments (4 weeks)

HSBC mulls AED20,000 salary limit for customers 2
02 Nov ' 09 at 13:04
There seems to be a bit of confusion here. Just called HSBC and it doesn't seem to be true that customers need to earn a salary of... More »
Credit bureaus combine to form regional group 1
16 Nov ' 09 at 13:52
including Countries like Egypt in it ?.It surely should be MENACRA not simply MECRA?.Why not make it MENA rather than simply Middle... More »
UAE staff set for 7% pay rise in 2010 - survey 1
01 Nov ' 09 at 10:12
In addition to the correct comments above, I would like to add that, nowadays people are more afraid of the future, because there is... More »

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