Your loan application in the UAE will be rejected if all your EMIs (equated monthly investments) has reached 50% of your monthly income. Thus, your credit history significantly impacts you when you need money in urgent situations.
We all make mistakes and learn from them, but money mistakes are too costly that you must avoid them. Financial decisions need patience and a lot of your time to think about whether a decision is good for you and for your kids.
How Most Parents Pay Their Kids’ School Fees?
Although cash and credit cards are the most popular payment options, payment apps and digital payment methods are increasing rapidly. E-wallets or digital wallets will be used the most among all other digital payment methods as time passes
While you become your boss when you work as a freelancer in the UAE, you also may deal with some problems, and the most common problem related to freelancing is getting paid on time. You send an invoice to the client and then chase the client for the payment, and after many reminders, you finally receive the money in your bank account.
“I received a text message from DEWA that alerted us that our water consumption is 70% higher than our regular use. Upon investigating, my husband found that one of the bathrooms had a leakage that we generally would not have been able to find out.”
The trend of online shopping gained unprecedented momentum during the Covid pandemic. Globally people suddenly found their movements restricted or completely stopped due to the imposition of lockdowns. Many businesses scampered to create an online version of their offline stores. While businesses with the foresight and appetite to vet the eCommerce environment beforehand saw their profit margins soar exponentially.
Dubai is the city of dreams. Over the past two decades or so, Dubai’s taken center stage in the world’s economy, attracting ambitious entrepreneurs from across the globe.
From a humble desert city into an energetic metropolitan hub, Dubai’s the abode for some of the highest number of expats in the world. This isn’t surprising as the city offers a superior quality of life, unsurpassed infrastructure, and plenty of cultural activities. The result is thousands of individuals asking about the steps for a free zone company setup in Dubai.
From a business perspective, Dubai is the “city of opportunities”. The best of the seven Emirates, it has shaped itself from a humble trading port into a global business hub. So a business Setup in Dubai means you practically have the world at your fingertips.
If you plan to setup a business in Dubai we will hold your hand and guide you all the way to starting your business in Dubai successfully such as we did before in our 101 guide for a business formation in UAE.
The UAE has always been the ideal oasis to start your business. Strategically located between Asia, Europe, and Africa, it tops the ranks for being the most lucrative country for foreign investments. If you plan on setting up a business in the UAE, the time is ripe, especially if you are an expat.
When you’re looking for hiring domestic workers, it’s absolutely essential that you’re aware of domestic helpers regulations in the UAE. Without reading the law, you won’t be aware of your rights and your employee’s rights.