Has the Euro come to an end…
The Euro is a ticking time bomb which will soon blow up and wipe out the whole EU project in its wake, the currency’s creator has said in an extraordinary warning. Professor Otmar Issing predicted […]
Money
Gulf sovereigns’ funding needs in 2015-2019 could be as high as $560 billion
In an article published today, titled “GCC Sovereigns’ Financing Needs In 2015-2019 Could Total $560 Billion,” S&P Global Ratings says the consequences of the sharp fall in oil prices are clearly visible in Gulf Cooperation […]
ADFD commits Dh184m to Lives and Livelihood Fund
In Jeddah, Abu Dhabi Fund for Development (ADFD), signed a founders’ agreement with Islamic Development Bank (IDB) to become a founding member at the Lives and Livelihoods Fund (LLF). LLF was initiated by a joint […]
ADX market cap records Dh30bn increase in 8 months
Abu Dhabi Securities Exchange (ADX) market capitalization has jumped to reach 441 billion dirhams during the first eight months of 2016, according to Rashed Al Blooshi, Chief Executive of ADX. “The increase in market capitalization […]
Low salaries ‘Number One’ cause of stress at workplace
While much of the stress we experience comes from our personal lives, sometimes, a person’s stress can be caused by, or made worse, by work. In its poll entitled, ‘Stress in the Mena Workplace’, Bayt.com, […]
Salaries in UAE to rise 4.7% next year: Survey
A GCC-wide survey of 600 multinational companies and locally-owned conglomerates – the largest study of its kind in the Gulf – has forecasted that salary earnings will increase an average of 4.7 per cent in […]
One in five UAE brides wants to spend $30,000 on jewellery
One in two UAE brides spend Dh18,000+ on wedding jewellery More than a half (53 per cent) of UAE women will spend more than Dh18,300 (US$5,000) on wedding jewellery in this year’s Wedding Season according […]
Emirates Islamic raises $250 million through sukuk
By A Staff Reporter Emirates Islamic bank today announced that it has successfully closed a $250 million tap of its earlier $750 million 5-year Sukuk issued in May 2016. This is under the bank’s US$ […]
How to get out of credit card debt
Credit cards are truly one of mankind’s greatest inventions By: Zigfred Diaz “Today, there are three kinds of people: the have’s, the have-not’s, and the have-not-paid-for-what-they-have’s. ~Earl Wilson” Credit cards are truly one of mankind’s […]