Category: Financial Literacy

Own a Property in UAE? Get Golden Visa and Here’s How to Apply for It

The UAE residents were greatly relieved when the Golden Visa rules were updated in October since it removes the hassle of renewing the visa every year. The residents can now get a golden visa with 10-year validity, a reduced investment, and no purchase transaction restrictions.

What’s the Best Way to Send Money to Your Home: Effortless Money Transfers in UAE

While the expat population comprises almost 88.52% of the country’s population, it is no wonder why the UAE is the second largest contributor in the world in terms of foreign remittances.

Ratibi Salary Card Vs. Traditional Payroll Card What’s the Difference?

As we move towards a more digital and cashless society, how we receive and manage our salaries has also evolved. Salary cards like ratibi salary cards have emerged as a popular alternative to traditional payroll systems due to the flexibility to make digital payments.

In-Depth: What Does Women’s Health Insurance Cover in UAE?

Today’s women are empowered through increased gender equality, access to education and career opportunities, and the ability to amplify their voices through technology and social media.

What Happens When You Lose Your Job? Claiming Unemployment Insurance

The last registration date for the UAE’s unemployment insurance scheme was 30th June 2023, which was extended to 1st October 2023 to give more time to the employees to sign up. While there’s a sheet of excitement among the residents to enroll in the scheme, many people are still unclear about how to claim the insurance amount in case they get terminated from their jobs involuntarily.

Assessing Cash Now Pay Later Schemes: Why is it Good and Why is it not?

Cash now pay later has recently gained traction due to its flexibility with the installments and availability in smaller amounts.
Many individuals and small businesses need money for several reasons, such as
– To meet financial emergencies
– To maintain a cash flow
– Spend for business growth
– Own specific equipment/tools for business, etc.

Current vs. Savings Accounts: Key Differences

When opening a bank account, you are always asked whether you want savings or a current account. If you don’t know which one you should select, you will end up opening the wrong account that will not serve your purpose.

Personal Finance Tips for UAE’s Working Expats

The United Arab Emirates (UAE) has a whopping population of 9 million expats, which comprises 88.52% of the total population. Attractive package, lap of luxury, and the dash & dunes of the country have gathered more expats to work for them.
However, living in this country from a financial perspective is not smooth sailing if you haven’t planned your finances. This blog is your go-to guide for personal finance tips if you are a working expat in the UAE

5 Common Mistakes People Make While Applying for Online Loans

Applying for a loan might be a daunting task for many, but not for those who research thoroughly and avoid common mistakes. Mistakes made in the financial world cost you more money than the mistakes you make in other areas.

How to Apply for UAE’s Unemployment Insurance Scheme?

The unemployment insurance scheme announced by the UAE government is effective from 1st January 2023. The scheme is introduced to offer social security during unemployment and enhance the competitiveness of unemployed people. Already 250,000 people applied to the scheme by 12th Jan 2023