Emirati Debt Relief Initiative: The Emirati debt relief initiative stands as one of the UAE’s most impactful social and economic support programs, reflecting the leadership’s deep commitment to citizen wellbeing. At a time when global economic pressures continue to affect households, this initiative offers meaningful relief to Emiratis facing financial challenges, ensuring dignity, stability, and…
Abu Dhabi Finance Week 2025: The UAE continues to solidify its reputation as a global financial powerhouse, and the opening of Abu Dhabi Finance Week 2025 marks another milestone in the nation’s economic journey. Sheikh Khalid Bin Mohammed attended the ceremony, emphasizing innovation, sustainability, and strategic planning in the financial sector. The week-long event gathered…
Nol Card Rewards Dubai: Dubai continues to strengthen its reputation as one of the world’s smartest and most commuter-friendly cities. In 2025, the Roads and Transport Authority (RTA) introduced an upgraded Nol Card Rewards Dubai program, designed to make public transport not just convenient, but rewarding. Whether you commute by Metro, Tram, Bus, or Water…
UAE Cashless Payments ecosystem is rapidly expanding, positioning the country as a global leader in digital transactions. With innovative fintech solutions, government-backed initiatives, and widespread adoption of contactless payments, the UAE is making financial transactions more seamless, secure, and convenient than ever. From everyday purchases at supermarkets and malls to utility bills and government services, the…
UAE Supreme Court Bans Compound Interest on Bank Loans: In a landmark decision aimed at strengthening financial justice, the UAE Supreme Court has announced a ban on compound interest (interest on interest) on bank loans. This ruling is expected to bring major relief to borrowers, protect consumers from excessive financial burdens, and ensure more transparency…
Dubai Goes Cashless: The Vision Dubai is leading the way toward a cashless society, aiming to become one of the world’s top five cashless cities by 2026. This ambitious goal is part of the Dubai Cashless Strategy, which seeks to digitize 90% of all transactions across the emirate. By reducing reliance on physical cash, Dubai…
UAE gold jewellery offers are making headlines as jewellers slash profit margins, reduce making charges, and introduce free coins and vouchers to keep ornaments affordable despite record-high gold prices. Gold prices in the UAE have touched unprecedented highs, with 24K reaching Dh440.5 per gram and 22K climbing to Dh408 per gram. While prices have slightly…
UAE money transfers were a tedious process for decades. Expatriates often had to queue for hours at exchange houses, fill out piles of paperwork, and depend on physical cash counters to send support to their loved ones abroad. Today, the landscape looks very different. The rise of digital remittances is making UAE money transfers faster,…
Gold has always been regarded as a “safe haven” asset, especially during uncertain economic times. In the UAE, where gold has cultural, financial, and investment value, the question remains: Is gold still a safe investment in UAE in 2025? With global market volatility, inflation concerns, and changing investor behavior, gold continues to play a significant…
The UAE has officially introduced a new currency symbol for the Dirham, marking a significant milestone in the country’s financial history. The new UAE Dirham symbol not only reflects the nation’s growing economic stature but also aligns the Dirham with other major global currencies that have recognizable symbols, such as the US Dollar ($), Euro…
