Nada El Sawy

The start-up offers financial products and services for modest-income migrants

The move comes after the Ministry of Interior stopped all domestic flights, buses, taxis and train services for 14 days from Saturday

The regulator reduced its main policy rate from 4% to 2.5% this month and relaxed lending conditions

Some workers in Europe have also tested positive, as the online retailer balances delivering supplies with public safety

Governor Mubarak Al Mansoori said banks are operating normally, but the regulator ‘will take necessary measures as needed’

About a third aim to save for retirement and another third hope to feel financially secure, YouGov survey finds

UBF chairman Abdulaziz Al Ghurair says local banking sector is ‘well-positioned' to provide support to businesses

The Dubai-based online bulk grocery platform plans to expand to Saudi Arabia later this year

Some health, travel and life insurance providers are adapting policies and advising customers to check exclusions

The forecast is far below the 2.6 per cent last year and the weakest since the 2008 financial crisis

Oil prices also fell due to worries that non-Opec oil producers might not agree to proposed output cuts

Investors pulled out money from US-listed exchange-traded funds last week following Wall Street correction

With platforms such as Smart Crowd, UAE investors can earn rental income while sharing the property cost

Entrepreneur and angel investor Lucy Chow says she holds many roles, most of which are not immediately monetised

A similar number expect the end-of-service gratuity to meet their long-term savings needs, Mercer says