From sourcing second-hand uniforms and books to bulk-buying essentials during sales, families in the UAE are finding creative ways to control budgets at home amid increased living costs.
Dubai recorded an annual increase of 3.7 per cent in education costs, according to the latest data from the Dubai Statistics Centre, amid a booming property market. The first quarter of 2024 saw rental registrations up 5.8 per cent from last year, at 159,941, The National reported in June.
Mishal Siddiqui, an Indian mother of four with three children attending school in Dubai, noted a 10 per cent increase in costs for uniforms and books from last year. This year, she will pay Dh6,500 for both.
“The cost of books may have gone up a little, but the (price of) uniforms have gone up straight away,” she said, adding there are “only two or three uniform stores that are good”.
Mrs Siddiqui suggested pre-loved uniforms when possible and skipping school buses for private transportation to save money. “I would have to pay Dh6,500-Dh7,000 per child per year for the school bus,” she said, adding that it is far more economical to carpool, hire a driver or do the pick-up or drop-off yourself.
Education costs in Dubai have consistently gone up every year, barring the three years after the pandemic in 2020 when the government announced a freeze on school fees.
Souha Itani, a mother of four in Abu Dhabi, reported an increase in education costs post-pandemic but no increase in personal income. “My income hasn't gone up, neither has my husband's but the cost of living and rents have gone up,” she said.
The company Ms Itani works for covers education costs but not the year-on-year increase. “Last year, the fees went up by 5 per cent, but my education allowance remained the same so I ended up paying the difference”. Her company covers the school fees for two children, with Ms Itani paying the full tuition for her third child. However, the fee increase has cost her significantly.
She said that not many families have the “privilege” of having companies cover education costs, but every little increase dips into their family budget. Ms Itani is trying to offset the added costs by always “trying to look for the best prices and the best deals” and buying in bulk.
Discounts and deals on school fees
Some schools offer sibling discounts or deals on some credit cards used to pay fees, but Mrs Siddiqui said schools could do more to reduce the financial burden on parents.
Her children's school's sibling discounts only extend to the fourth child (15 per cent) and fifth child (25 per cent).
“I get zero discount, which I think is unfair. I feel there should be an incentive for working parents, or even parents who don't get education allowances from their employers,” she added.
Some new schools also offer special discounts for founding families. Dubai British School Jumeira offers a founders' discount to families, which will apply until the pupil is in primary school, while Gems Founders School Dubai South has reduced fees for founding families by 25 per cent.
According to Numbeo, a user-generated website that estimates the cost of living in cities across the world, the estimated monthly costs for a family of four in Dubai is Dh14,120, without rent, and Dh12,022 in Abu Dhabi.
Kavita Faiz, a mother living in Dubai, launched the UAE Pay It Forward Group in 2016 out of necessity to give away some of her used items. The group, which now has 23,000 members, allows people to swap or give away items they no longer need.
“ (The costs of) everything has gone up and I would say a mentality shift has happened. Before the pandemic, people were hesitant to take used items, but now the mentality has changed,” said Ms Faiz.
“We organise a back-to-school Initiative every year in which parents can give away uniforms and books.
“If it were up to me, I would change how uniform companies are linked to schools because they end up charging a lot. I'd also stop schools from changing the uniform colour or print.”
This year, Ms Faiz paid Dh75-Dh80 for a uniform shirt, Dh100 for a pair of trousers and Dh150 for a school jacket. She urged parents not to be shy to go for second-hand goods. “Don’t go for brands, go for quality. We need to teach children to be humble and not to compete with others,” she said.
Switching to homeschooling to cut costs
Some parents have switched to homeschooling for their children because they are unable to afford the high school fees.
Kaycee Sepida, who lives in Dubai, decided to enrol her children as homeschoolers because “the cost of education here is very expensive”.
She has three children aged nine years, three years and three months, and quit her job to take care of the children at home. Ms Sepida, who is also part of the team that runs the UAE Pay It Forward group, said the community had been of tremendous help to her family.
“The group has a lot of essential resources that we can get without purchasing them,” she said. “I got a lot of things from the group, such as toys, clothes and stationery for homeschooling. Even furniture and educational books can be found on a budget.
Ms Sepida said she's “always on the hunt for a good deal”. While shopping, she compares prices at several shops when and always scans for deals on near-expiry items. Another way she controls her budget is by preparing home-cooked meals rather than eating out. “It saves money and is a healthier option,” she said.
War 2
Director: Ayan Mukerji
Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana
Rating: 2/5
Groom and Two Brides
Director: Elie Semaan
Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla
Rating: 3/5
Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching
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Founders: Michele Ferrario, Nino Ulsamer and Freddy Lim
Started: established in 2016 and launched in July 2017
Based: Singapore, with offices in the UAE, Malaysia, Hong Kong, Thailand
Sector: FinTech, wealth management
Initial investment: $500,000 in seed round 1 in 2016; $2.2m in seed round 2 in 2017; $5m in series A round in 2018; $12m in series B round in 2019; $16m in series C round in 2020 and $25m in series D round in 2021
Current staff: more than 160 employees
Stage: series D
Investors: EightRoads Ventures, Square Peg Capital, Sequoia Capital India
The five pillars of Islam
Abu Dhabi GP schedule
Friday: First practice - 1pm; Second practice - 5pm
Saturday: Final practice - 2pm; Qualifying - 5pm
Sunday: Etihad Airways Abu Dhabi Grand Prix (55 laps) - 5.10pm
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
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Skoda Superb Specs
Engine: 2-litre TSI petrol
Power: 190hp
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Price: From Dh147,000
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Infiniti QX80 specs
Engine: twin-turbocharged 3.5-liter V6
Power: 450hp
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Sheikh Zayed's poem
When it is unveiled at Abu Dhabi Art, the Standing Tall exhibition will appear as an interplay of poetry and art. The 100 scarves are 100 fragments surrounding five, figurative, female sculptures, and both sculptures and scarves are hand-embroidered by a group of refugee women artisans, who used the Palestinian cross-stitch embroidery art of tatreez. Fragments of Sheikh Zayed’s poem Your Love is Ruling My Heart, written in Arabic as a love poem to his nation, are embroidered onto both the sculptures and the scarves. Here is the English translation.
Your love is ruling over my heart
Your love is ruling over my heart, even a mountain can’t bear all of it
Woe for my heart of such a love, if it befell it and made it its home
You came on me like a gleaming sun, you are the cure for my soul of its sickness
Be lenient on me, oh tender one, and have mercy on who because of you is in ruins
You are like the Ajeed Al-reem [leader of the gazelle herd] for my country, the source of all of its knowledge
You waddle even when you stand still, with feet white like the blooming of the dates of the palm
Oh, who wishes to deprive me of sleep, the night has ended and I still have not seen you
You are the cure for my sickness and my support, you dried my throat up let me go and damp it
Help me, oh children of mine, for in his love my life will pass me by.
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.”
ELIO
Starring: Yonas Kibreab, Zoe Saldana, Brad Garrett
Directors: Madeline Sharafian, Domee Shi, Adrian Molina
Rating: 4/5
If%20you%20go
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WHAT%20MACRO%20FACTORS%20ARE%20IMPACTING%20META%20TECH%20MARKETS%3F
%3Cp%3E%E2%80%A2%20Looming%20global%20slowdown%20and%20recession%20in%20key%20economies%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Russia-Ukraine%20war%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Interest%20rate%20hikes%20and%20the%20rising%20cost%20of%20debt%20servicing%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Oil%20price%20volatility%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Persisting%20inflationary%20pressures%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Exchange%20rate%20fluctuations%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Shortage%20of%20labour%2Fskills%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20A%20resurgence%20of%20Covid%3F%3C%2Fp%3E%0A
PROFILE OF HALAN
Started: November 2017
Founders: Mounir Nakhla, Ahmed Mohsen and Mohamed Aboulnaga
Based: Cairo, Egypt
Sector: transport and logistics
Size: 150 employees
Investment: approximately $8 million
Investors include: Singapore’s Battery Road Digital Holdings, Egypt’s Algebra Ventures, Uber co-founder and former CTO Oscar Salazar
Indoor Cricket World Cup Dubai 2017
Venue Insportz, Dubai; Admission Free
Day 1 fixtures (Saturday)
Men 1.45pm, Malaysia v Australia (Court 1); Singapore v India (Court 2); UAE v New Zealand (Court 3); South Africa v Sri Lanka (Court 4)
Women Noon, New Zealand v South Africa (Court 3); England v UAE (Court 4); 5.15pm, Australia v UAE (Court 3); England v New Zealand (Court 4)
Meatless Days
Sara Suleri, with an introduction by Kamila Shamsie
Penguin
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
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UAE currency: the story behind the money in your pockets
Our legal consultants
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
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
Kill%20
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Nikhil%20Nagesh%20Bhat%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3C%2Fstrong%3E%3A%20Lakshya%2C%20Tanya%20Maniktala%2C%20Ashish%20Vidyarthi%2C%20Harsh%20Chhaya%2C%20Raghav%20Juyal%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204.5%2F5%3Cbr%3E%3C%2Fp%3E%0A