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Articles

Berkshire Hathaway chairman Warren Buffett has donated $4 billion to five charities. Reuters
Buffett drops out of $100bn club after $4bn charitable donation

The Bill and Melinda Gates Foundation was the biggest recipient of the billionaire's annual pledge to give away his fortune

MoneyJune 15, 2022
The Downtown Dubai skyline. The UAE has become a magnet for the world's wealthy, who are relocating to the country in record numbers, according to a new report. AFP
More millionaires moving to the UAE than anywhere else in the world

Wealth and migration trends report finds country’s agile approach has paid dividends

MoneyJune 13, 2022
Commuters on London Bridge make their way to work during the morning rush hour. Salaries in the UK are lagging behind rising inflation, according to recruitment experts. PA
UK salary guide 2022: how much should you be earning?

Salaries are failing to keep up with rising inflation as companies battle for talent amid a tight labour market, recruitment experts say

MoneyJune 01, 2022
Quite often, people have small, unknown defaults and payments piling up on their credit cards that go unnoticed. Getty / Nick Donaldson
The Debt Panel: 'My bank charged me hefty fines for failing to pay a few cents'

Reader is required to pay penalties for not paying miniscule amounts in credit card dues

MoneyJune 01, 2022
There are a range of ways to save money during times of high inflation. Getty Images
How to beat the rising cost of living – Pocketful of Dirhams

There are a number of ways to rein in your budget to hedge against inflation, savings expert Alison Soltani says

Pocketful of DirhamsMay 31, 2022
A cross in memory of Irma Garcia, a teacher who was killed in this week's elementary school shooting in Uvalde, Texas. A GoFundMe campaign has raised more than $1.7 million for her family. AP
Twitter philanthropist helps family of slain Uvalde teacher raise nearly $2m

After a tweet from multimillionaire philanthropist Bill Pulte, donations surged past the family's $30,000 fundraising goal on GoFundMe

MoneyMay 27, 2022
The net worth of Elon Musk, the world's richest person, has fallen below $200 billion for the third time this year. AP
Elon Musk drops out of exclusive $200bn club as Tesla shares tumble

World’s top 10 wealthiest people have lost a combined total of $290bn this year amid a sell-off in tech stocks, rising interest rates and concerns over a looming recession

MoneyMay 25, 2022
Getty / Nick Donaldson
'I didn't activate a credit card but was charged an annual fee'

The Dubai resident owes more than $500 and has been flagged as a defaulter on his credit report

MoneyMay 25, 2022
Paying off debt and ensuring your finances are on track is important, particularly during times of high inflation. Getty
Eight steps to turning your financial life around

As the cost of living rises around the world, it has never been more important to focus on paying off debt and increasing your savings

WeekendMay 20, 2022
Getty / Nick Donaldson
The Debt Panel: 'How can I reverse the default status on my credit report?'

The Dubai resident closed down their credit card account 12 years ago but the bank reported an outstanding balance to Al Etihad Credit Bureau

MoneyMay 19, 2022
Nick Donaldson / Getty
'Can I take out a bank loan to pay my employees?'

The Dubai resident's business has a cash-flow problem and he owes staff about $54,450 in unpaid wages

MoneyMay 11, 2022
General view of the Burj Khalifa and the downtown skyline in Dubai. Airbnb properties surrounding the world's tallest building are the most expensive and profitable in the world, a new study found. Reuters
Dubai the most profitable city in the world for Airbnb landlords

Homeowners with properties near Burj Khalifa charge guests an average of $1,150 a night, study finds

MoneyMay 06, 2022
Mathew Kurian / The National
The Debt Panel: 'My business cheques bounced and I owe $108,900'

The former resident has liquidated assets in his home country and is seeking advice on how to negotiate with banks to pay off his debts and return to the UAE

MoneyMay 04, 2022
Technology specialists are in demand in the UAE as companies continue to accelerate their digital plans. Reuters
UAE salaries: which tech jobs are in demand and how much do they pay?

Demand for technology specialists is dominating the employment market in the Emirates as companies continue to accelerate digital plans

MoneyApril 28, 2022
SpaceX and Tesla owner Elon Musk became the first person on the planet to be worth more than $300bn on October 28, 2021, with a personal fortune of $302bn, according to the Bloomberg Billionaires Index. Reuters
Elon Musk's net worth tumbles by $29bn as Tesla shares plunge

The world's richest person now has a personal fortune of $239.2bn, 'Forbes' data shows

MoneyApril 27, 2022
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