Articles
UAE approves new law regulating wealth management sector
The decree will strengthen protection for investors and family-owned companies seeking fund managers to oversee their investments
The Debt Panel: ‘I consolidated my debts but Dh18,500 is missing from the loan amount’
Abu Dhabi resident who is now unable to pay her children’s school fees turns to our experts for advice
Dubai-based FinTech platform eliminates remittance fees for expatriates
Xare app enables users to share their bank accounts with family, providing them with real-time access to funds
The Debt Panel: ‘My bank threatened to lodge a case against me for missing one payment’
Despite a payment holiday, the Dubai resident is struggling to keep up with loan instalments after receiving a pay cut at the start of the pandemic
The Debt Panel: ‘My bank rejected my payment relief request, saying TESS had ended’
The Dubai resident has been placed on leave without pay for three months and has no source of income to keep up with instalments
The Debt Panel: ‘Scammers raided our bank account. How can we recover the money?'
The Abu Dhabi couple had Dh105,000 stolen from them via phone and SMS fraud, despite not giving the scammers their OTP or personal details
The Debt Panel: 'How do I resolve my UAE debts after 11 years?'
The former UAE resident returned to the UK in 2009 and is being pursued by multiple collection agents who have rejected offers of instalment plans
The Debt Panel: 'How can I consolidate my liabilities after my salary was cut by 50%?'
The Dubai resident can no longer keep up with her monthly loan and credit card instalments, pay for daily living expenses or support her family in the Philippines
Money & Me: 'My experience with debt means I can help others'
The Dubai resident has launched Help With Debt, a digital platform that aims to restructure the system and aid people with their financial liabilities
The Debt Panel: 'My bank increased the interest on my restructured loan'
The Dubai resident had his salary reduced by 50% because of Covid-19 and qualified for support from his bank but is now paying an extra Dh5,209 in interest charges
The Debt Panel: 'Why wasn't my credit shield insurance used to pay my credit card when I lost my job?'
The former financial services employee had a credit card with the company he worked for and paid the insurance for more than four years
The Debt Panel: 'I haven't been paid since January. How can I apply for personal insolvency?'
With debts totalling nearly Dh300,000, the Abu Dhabi resident has exhausted his savings and can no longer afford to meet multiple credit card and loan repayments
The Debt Panel: ‘How can I convince my bank to restructure my loan?’
The Abu Dhabi resident is more than Dh500,000 in debt and struggling to keep up with payments and support family at home
Five years of lessons in the UAE and a new life to boot
As I move on to the next chapter in my life, I am hoping the lessons I've learnt here in Abu Dhabi will provide a softer landing in my new country.
A little older, a little wiser and on the move again
It's all very well moving to a new city as a solo expat. But throw children and families into the equation and there's so much more to worry about.
