Global VC and fintech players are taking a long-term, strategic view on investments in the UAE and the region
Financial literacy
Latest in Financial literacy
family assets
Understanding the financial reality of the ultra rich
UHNWIs in the Middle East present a unique case study in wealth management
Brand View
Finance management: Sav is building an ecosystem that empowers communities across the MEA region to achieve financial freedom
The UAE-based fintech offers a wide range of innovative features on its app to make money management less of a chore and more of a natural and rewarding process
Abu Dhabi
UAE financial literacy on the rise as consumers opt for responsible credit use, installments says new Visa survey
The survey underscores the UAE consumers’ commitment to financial literacy and responsible credit use, aligning with Visa’s efforts to support financial education in the region
financial institutions
UAE-based ruya Bank CEO expects Islamic finance boom driven by ‘ethical consumerism’
The digital upstart is tapping into the UAE’s position as the world’s 4th-largest Islamic finance hub, with the sector’s assets comprising 23% of total banking assets in the country
financial freedom
What does achieving financial freedom mean?
The foundation of financial freedom is rooted in a comprehensive understanding of one’s financial situation
consumer spending
Millennials are no longer victims of bad luck and economic downturn
Tough times forged resilient millennials. The 2008 crisis may have hit them hard, but it also spurred their adaptability, experts say
Financial literacy
UAE Gen Z employees are ‘doom spending’ and maxing credit cards to cope with economic uncertainty, say experts
As global uncertainties mount, from war to inflation, more individuals appear to be coping through short-sighted consumption booms. If unchecked, experts say doom spending trends could worsen future financial instability on both personal and national economic levels
economic opportunities
Bridging the gap: Financial empowerment in pursuit of social justice
Financial empowerment is a critical issue cutting across all socioeconomic backgrounds
AI Teacher
BrightCHAMPS launches world’s first ChatGPT-based virtual tutor platform in the Middle East
The company is currently in the process of soft-launching its generative AI-based virtual tutor platform for its financial literacy courses in Dubai and Abu Dhabi
banking industry
Iraq races to digitise unbanked population amid corruption crack down and US dollar transaction ban
Here’s how the Central Bank of Iraq’s initiatives, government mandates, and Visa’s contributions are shaping Iraq’s path towards a cashless economy by 2030, according to Visa boss Leila Serhan
Financial literacy
UAE ‘Second Salary’ plan from National Bonds ties up with Ports, Customs and Freezone Corporation
PCFC employees will have access to National Bonds’ diverse range of savings and investment programmes, such as the ‘Global Savings Club’ and ‘Second Salary’
Children of Determination
Crescent Enterprises partners with Habaybna.net to promote financial inclusion for children of determination
The partnership will see both organisations collaborate to produce 50 specialised educational videos, as well as online courses in Arabic
Budgeting
Financial literacy should be a life skill for Generation Z
Keeping accurate information about money is simply maths, not financial literacy. Understanding whether you should make a purchase is financial literacy
Arab women
Arab women focus of new National Bonds scheme to inspire saving, financial literacy, investments
The two organisations will create a joint committee to host forums and events aimed at encouraging women to invest and save and to improve their skills and financial literacy
Dubai gratuity law
UAE gratuity change: How to calculate your end-of-service benefits
Following new changes, here is how you can calculate your gratuity
Dubai gratuity law
UAE announces private sector gratuity will not include unpaid leave days
The end-of-service gratuity is calculated based on the final basic salary of the employee