Illustration by Alvaro Sanmarti
Illustration by Alvaro Sanmarti

Six wallet-friendly platforms designed to save you money



Everyone loves to feel as though they're getting a great deal.

It doesn’t matter how much you earn or whether your bank statement is in rude health, it’s hard to resist a bargain – or simply a way to save money.

In recent years, residents in the UAE have been presented with a plethora of platforms enabling them to make their dirhams go further while doing things they enjoy.

As some tighten their belts amid rising living costs, especially with a growing young family, or others anticipate potential economic speed humps, there has rarely been a more willing audience for deal sites to flourish.

Deepak Machado, who writes for savings and money advice website dirhamtalk.com, welcomes the platforms, but urges people to beware of temptations.

“UAE residents have numerous options to save money and the likes of Entertainer, VoucherSkout and Hit The Deals help residents save in almost every deal possible,” he says.

“If you are shopping or thinking of buying something, you should definitely check out these sites. However, be prudent and ask yourself one question; ‘do I need it or do I want it?’

“If your answer is the latter, you must think again about your decision. While helping you save money, you must realise these sites encourage spending.”

With that in mind, we take a look at six of the most popular platforms designed to link you with wallet-friendly deals – and merchants with customers.

The Entertainer

Arguably the most popular scheme has been bringing two-for-one deals to UAE residents since 2001. Previously a book-only voucher scheme, the Dubai-based company now mostly delivers vouchers via phone apps. 

These are dedicated to dining, beverages, pampering and kids activities, as well as hotel stays, and has products aimed specifically at both Abu Dhabi and Dubai, although includes some Al Ain and Northern Emirates outlets.

Users pay an annual subscription to purchase the app/books, starting at Dh145. They present the voucher to the merchant or an app-generated “voucher” that the merchant authorises via a code tapped into the phone.

The Entertainer has expanded to numerous global cities and remains an almost essential purchase among expats seeking to indulge in dining and other attractions on a budget.

Apps include a geographical search function to identify participating merchants nearby or in a specified location. You can rapidly recoup your subscription through usage, depending on how many app categories you subscribe to.

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Cobone.com

The first daily deals website in the GCC, in 2015 Cobone was acquired by the company that owns ExpatWoman.com. It issues a range of UAE discounted deals ranging from cheaper eats and beauty/spa treatments to local and international travel, products and car servicing. It cites 6 million-plus users in the past 12 months, and 4.1 million vouchers sold since inception.

Cobone tailors offers for Dubai and Abu Dhabi (plus Saudi Arabia) residents, but links to retailers and services across the emirates. 

Users register details and click to buy their chosen deal. This typically generates a voucher that can be presented on smartphone (or print form, depending on the merchant) on the day of the service. Deals can be bought using a credit or debit card. The bonus is buying only deals you want; the disadvantage is remembering you bought them and that there might be a use-by date.

Dubai Fridays

A relative newcomer on our radar, this site claims to offer its customers “steals” rather than deals.

Like other websites, it mails out featured deals to participants, but the website reveals a myriad of services and offers at knockdown prices. Subject tabs cover food, kids, activities, health, cars, holidays, pampering, products and miscellaneous.

These give you access to everything from maid cleaning services and business card printing to car window tinting and dhow cruises and tell you how many have been purchased already, so you can judge the popularity of a deal.

At the time of writing, there didn’t seem to be a vast choice and some deals popped up in more than one category, but buying proved simple. Click on something you like the sound of and there’s a detailed description and options available. You click to add the deal to your cart and then pay via debit or credit card (cash on delivery in some cases) to generate a voucher. You have to register your account before the first purchase, but overall the experience is simple and free if you don’t buy anything.

VoucherSkout

The new kid on the block launched last September with a vigorous radio advertising campaign and an iconic moustache and spectacles logo.

Users download an app to their smartphone for free and buy credits that can be used against an evolving list of services, ranging from brunch to sightseeing. Categories also include beauty and wellness (hair removal to massages), sports and leisure (scuba diving to paddle boarding), learning (photo workshops to language classes) and family and kids (dance lessons to escape room experiences).

New users are gifted three credits to use as they wish and buy more to secure 50 per cent off services and their entire food bill in the case of restaurants.

VoucherSkout, based in JLT, does not charge a subscription to use its service, which is relatively easy to use for merchant and customer. This platform seems a viable option for tourists or visiting relatives, as well as residents, as it does not require a subscription.

Hit The Deals UAE

This increasingly popular site offers up to 70 per cent off an a huge variety of services.

Categories include gym and fitness, food and drinks, salon, spa and relaxation, and healthcare, covering the UAE in three zones. Additionally, it offers deals on electronics, entertainment, perfumes, hotel bookings, car services and travel packages.

Also based in Jumeirah Lakes Towers, it has a specific ‘baby bazaar’ section dedicated to newborn and children-orientated products, including diapers and nursery equipment.

Its “bazaar” section accesses discounted products ranging from laptops and other electronics through to toys and exercise gear.

Hit The Deals offers daily deals and also a super savers drop down menu featuring extreme bargains, from LED shower heads to fidget spinners. A bit like Dragon Mart, be clear what product you're seeking before visiting. It costs nothing to browse and you pay for your order only once you've registered your details.

Groupon.ae

The international deals operation globally headquartered in Chicago in the United States, set up its UAE offshoot in 2011. It features one discounted daily deal, emailed to subscribers, encouraging traffic to its website where it gives access to a range of things to eat, see, buy and do across the country.

Groupon works with selected partners to offer more than 1,000 daily deals around the world, using the model of collective buying to drive down prices. Accessed via phone or laptop, these deals are activated when a minimum number of people agree to purchase, which encourages them to share with friends and family.

Depending on the deal, such as hotel stays, there are often various options such as weekday or weekend or meal and activity inclusion. Once bought, you may be asked to present a printed voucher on the day of use.

Beware, however, as some deals have a quantity limit or a restricted time in which you can buy. You can, however, purchase deals as gifts.

Depending on the deal, such as hotel stays, there are often various options such as weekday or weekend or meal and activity inclusion. Once bought, you may be asked to present a printed voucher on the day of use. Groupon is fairly inspirational, but like all deal sites check for usage restrictions such as public holidays before committing.

COMPANY%20PROFILE
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The%20Hunger%20Games%3A%20The%20Ballad%20of%20Songbirds%20%26%20Snakes
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%C2%A0Francis%20Lawrence%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%C2%A0%3C%2Fstrong%3ERachel%20Zegler%2C%20Peter%20Dinklage%2C%20Viola%20Davis%2C%20Tom%20Blyth%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E3%2F5%3C%2Fp%3E%0A
Sanju

Produced: Vidhu Vinod Chopra, Rajkumar Hirani

Director: Rajkumar Hirani

Cast: Ranbir Kapoor, Vicky Kaushal, Paresh Rawal, Anushka Sharma, Manish’s Koirala, Dia Mirza, Sonam Kapoor, Jim Sarbh, Boman Irani

Rating: 3.5 stars

COMPANY%20PROFILE
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If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.

When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.

How to get there: Emirates currently flies from Dubai to Orlando five times a week.

The Saga Continues

Wu-Tang Clan

(36 Chambers / Entertainment One)

Yuki Means Happiness
Alison Jean Lester
John Murray 

UAE currency: the story behind the money in your pockets
City's slump

L - Juventus, 2-0
D - C Palace, 2-2
W - N Forest, 3-0
L - Liverpool, 2-0
D - Feyenoord, 3-3
L - Tottenham, 4-0
L - Brighton, 2-1
L - Sporting, 4-1
L - Bournemouth, 2-1
L - Tottenham, 2-1

FULL%20FIGHT%20CARD
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Dubai Bling season three

Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed 

Rating: 1/5

COMPANY%20PROFILE
%3Cp%3ECompany%20name%3A%20CarbonSifr%3Cbr%3EStarted%3A%202022%3Cbr%3EBased%3A%20Dubai%3Cbr%3EFounders%3A%20Onur%20Elgun%2C%20Mustafa%20Bosca%20and%20Muhammed%20Yildirim%3Cbr%3ESector%3A%20Climate%20tech%3Cbr%3EInvestment%20stage%3A%20%241%20million%20raised%20in%20seed%20funding%3Cbr%3E%3C%2Fp%3E%0A
Game Changer

Director: Shankar 

Stars: Ram Charan, Kiara Advani, Anjali, S J Suryah, Jayaram

Rating: 2/5

Normcore explained

Something of a fashion anomaly, normcore is essentially a celebration of the unremarkable. The term was first popularised by an article in New York magazine in 2014 and has been dubbed “ugly”, “bland’ and "anti-style" by fashion writers. It’s hallmarks are comfort, a lack of pretentiousness and neutrality – it is a trend for those who would rather not stand out from the crowd. For the most part, the style is unisex, favouring loose silhouettes, thrift-shop threads, baseball caps and boyish trainers. It is important to note that normcore is not synonymous with cheapness or low quality; there are high-fashion brands, including Parisian label Vetements, that specialise in this style. Embraced by fashion-forward street-style stars around the globe, it’s uptake in the UAE has been relatively slow.

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Pearls on a Branch: Oral Tales
​​​​​​​Najlaa Khoury, Archipelago Books

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Seemar’s top six for the Dubai World Cup Carnival:

1. Reynaldothewizard
2. North America
3. Raven’s Corner
4. Hawkesbury
5. New Maharajah
6. Secret Ambition

COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
Pakistanis%20at%20the%20ILT20%20
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MATCH INFO

Schalke 0

Werder Bremen 1 (Bittencourt 32')

Man of the match Leonardo Bittencourt (Werder Bremen)

Generational responses to the pandemic

Devesh Mamtani from Century Financial believes the cash-hoarding tendency of each generation is influenced by what stage of the employment cycle they are in. He offers the following insights:

Baby boomers (those born before 1964): Owing to market uncertainty and the need to survive amid competition, many in this generation are looking for options to hoard more cash and increase their overall savings/investments towards risk-free assets.

Generation X (born between 1965 and 1980): Gen X is currently in its prime working years. With their personal and family finances taking a hit, Generation X is looking at multiple options, including taking out short-term loan facilities with competitive interest rates instead of dipping into their savings account.

Millennials (born between 1981 and 1996): This market situation is giving them a valuable lesson about investing early. Many millennials who had previously not saved or invested are looking to start doing so now.

Diriyah%20project%20at%20a%20glance
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MATCH INFO

Burnley 0

Man City 3

Raheem Sterling 35', 49'

Ferran Torres 65'

 

 

WISH
%3Cp%3E%3Cstrong%3EDirectors%3A%3C%2Fstrong%3E%20Chris%20Buck%2C%20Fawn%20Veerasunthorn%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Ariana%20DeBose%2C%20Chris%20Pine%2C%20Alan%20Tudyk%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203.5%2F5%3C%2Fp%3E%0A
The specs
Engine: 2.5-litre, turbocharged 5-cylinder

Transmission: seven-speed auto

Power: 400hp

Torque: 500Nm

Price: Dh300,000 (estimate)

On sale: 2022 

The biog

Age: 19 

Profession: medical student at UAE university 

Favourite book: The Ocean at The End of The Lane by Neil Gaiman

Role model: Parents, followed by Fazza (Shiekh Hamdan bin Mohammed)

Favourite poet: Edger Allen Poe 

The Written World: How Literature Shaped History
Martin Puchner
Granta

How to apply for a drone permit
  • Individuals must register on UAE Drone app or website using their UAE Pass
  • Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
  • Upload the training certificate from a centre accredited by the GCAA
  • Submit their request
What are the regulations?
  • Fly it within visual line of sight
  • Never over populated areas
  • Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
  • Users must avoid flying over restricted areas listed on the UAE Drone app
  • Only fly the drone during the day, and never at night
  • Should have a live feed of the drone flight
  • Drones must weigh 5 kg or less
10 tips for entry-level job seekers
  • Have an up-to-date, professional LinkedIn profile. If you don’t have a LinkedIn account, set one up today. Avoid poor-quality profile pictures with distracting backgrounds. Include a professional summary and begin to grow your network.
  • Keep track of the job trends in your sector through the news. Apply for job alerts at your dream organisations and the types of jobs you want – LinkedIn uses AI to share similar relevant jobs based on your selections.
  • Double check that you’ve highlighted relevant skills on your resume and LinkedIn profile.
  • For most entry-level jobs, your resume will first be filtered by an applicant tracking system for keywords. Look closely at the description of the job you are applying for and mirror the language as much as possible (while being honest and accurate about your skills and experience).
  • Keep your CV professional and in a simple format – make sure you tailor your cover letter and application to the company and role.
  • Go online and look for details on job specifications for your target position. Make a list of skills required and set yourself some learning goals to tick off all the necessary skills one by one.
  • Don’t be afraid to reach outside your immediate friends and family to other acquaintances and let them know you are looking for new opportunities.
  • Make sure you’ve set your LinkedIn profile to signal that you are “open to opportunities”. Also be sure to use LinkedIn to search for people who are still actively hiring by searching for those that have the headline “I’m hiring” or “We’re hiring” in their profile.
  • Prepare for online interviews using mock interview tools. Even before landing interviews, it can be useful to start practising.
  • Be professional and patient. Always be professional with whoever you are interacting with throughout your search process, this will be remembered. You need to be patient, dedicated and not give up on your search. Candidates need to make sure they are following up appropriately for roles they have applied.

Arda Atalay, head of Mena private sector at LinkedIn Talent Solutions, Rudy Bier, managing partner of Kinetic Business Solutions and Ben Kinerman Daltrey, co-founder of KinFitz

In-demand jobs and monthly salaries
  • Technology expert in robotics and automation: Dh20,000 to Dh40,000 
  • Energy engineer: Dh25,000 to Dh30,000 
  • Production engineer: Dh30,000 to Dh40,000 
  • Data-driven supply chain management professional: Dh30,000 to Dh50,000 
  • HR leader: Dh40,000 to Dh60,000 
  • Engineering leader: Dh30,000 to Dh55,000 
  • Project manager: Dh55,000 to Dh65,000 
  • Senior reservoir engineer: Dh40,000 to Dh55,000 
  • Senior drilling engineer: Dh38,000 to Dh46,000 
  • Senior process engineer: Dh28,000 to Dh38,000 
  • Senior maintenance engineer: Dh22,000 to Dh34,000 
  • Field engineer: Dh6,500 to Dh7,500
  • Field supervisor: Dh9,000 to Dh12,000
  • Field operator: Dh5,000 to Dh7,000
A timeline of the Historical Dictionary of the Arabic Language
  • 2018: Formal work begins
  • November 2021: First 17 volumes launched 
  • November 2022: Additional 19 volumes released
  • October 2023: Another 31 volumes released
  • November 2024: All 127 volumes completed
Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
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