Category: Financial Literacy

UAE Work Permit: How to Apply for a Private Tuition Visa?

The Ministry of Education (MoE) and the Ministry of Human Resources and Emiratisation (MoHRE) have jointly introduced a new employment avenue in the UAE to cater to the changing needs of the workforce and ensure fair practices. This new avenue is called the UAE Private Teacher Work Permit.

How to Check Emirates ID Fines?

Traffic fines in the UAE are pretty strict and hefty. You miss paying for parking and will get a hefty fine. You changed the lane against the traffic rules and will receive an SMS of being fined.

5 Things to Know About the UAE Labor Card

The United Arab Emirates (UAE) offers a thrilling living and working experience worth exploring. Still, it comes with a series of regulations and requirements, one of the most fundamental being the UAE Labor Card.

6 Tips to Save Your Money on Foreign Exchanges

Sending your money home, especially when you are an expat in the UAE, isn’t as smooth as you think. You need to look for a competitive exchange rate that helps you send money safely, conveniently, and at an affordable price.

UAE Traffic Fines: Get a 35% Discount and Reduce Black Points Using These Payment Channels

If you’re a driver in the UAE, chances are you’ve had a traffic fine or two to your name. But here’s some good news: there are ways to pay less for those fines and even reduce black points on your driving record.

Is a Credit Card the Best Solution to Manage Your Payments?

Most of us are comfortable using credit cards, especially in UAE, a spending-savvy country. However, credit cards come with the risk of debt accumulation, high-interest charges, risk of theft, etc.

5 Common Mistakes to Avoid While Sending Money from UAE to Philippines

UAE to Philippines
The UAE Dirham (AED) and Philippine Peso (PHP) exchange rate is highly volatile and can change rapidly based on real-time events. Thus, you must be extra careful when sending money from the UAE to the Philippines.
Whether you support your family back home or make other financial arrangements, ensuring your hard-earned money reaches its destination safely and cost-effectively is crucial. This blog explains people’s five most common mistakes when transferring money from the UAE to the Philippines.

Nepali Rate in UAE: What is it and How is it Determined?

The Nepali Rupee (NPR) and the UAE Dirham (AED) exchange rate, commonly known as the Nepali Rate, is a vital economic metric influencing various financial activities.
Many factors, including the economy and trade between the UAE and Nepal, influence the Nepali Rate. For example, the UAE exported $505 million to Nepal, and Nepal exported $4.01 million to the UAE in 2021 . This trade balance affects the strength of each country’s currency.

Understanding Exchange Rates and Fees: Cheapest Way to Send Your Money Home

Transferring funds back home is often a routine financial task, yet it can become expensive without the right know-how. While the fundamentals of exchange rates and fees are generally understood, a more nuanced understanding can lead to substantial cost reductions.
This post digs into those advanced aspects. It’s tailored for individuals with a foundational understanding of international money transfers and looking to optimize their financial decisions. The discussion will cover the intricacies of exchange rates, the actual costs behind so-called free transfers, and the pivotal role of timing in financial transfers.

10 Ways Scammers Can Scam You in the UAE

Cybersecurity analysts report that as many as 3.4 million Phishing attempts were detected in the UAE in just one quarter of a year. The country’s economic prosperity and cultural diversity make it a prime target for various scams, from real estate fraud to identity theft.
This blog aims to dig into these sophisticated scams, shedding light on the methods that are often overlooked but are equally damaging. The focus is not just on raising awareness but on providing actionable insights.