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Articles

Andrew Hallam, author of Millionaire Teacher and Millionaire Expat, travels the world giving investment advice talks. Antonie Robertson / The National
The two biggest mistakes investors make: emotions and high fees

Personal finance guru Andrew Hallam explains why investing in low-cost index funds can rein in the desire to beat the market while delivering better returns

MoneyFebruary 19, 2020
NMC Health said on Thursday it is fully committed to investigations after discovery of suspected fraud in its prior financial activities. Reuters
NMC Health vice chairman Khalifa Al Muhairi resigns

Mr Al Muhairi is one of three shareholders who may have misstated their stake in the UAE healthcare company founded by BR Shetty

MarketsFebruary 15, 2020
Amazon CEO Jeff Bezos with girlfriend Lauren Sanchez at an event in Mumbai, India last month. Photo: AFP
Jeff Bezos buys Beverly Hills mansion for a record $165m

The iconic nine-acre property was designed for Hollywood film titan Jack Warner in the 1930s

MoneyFebruary 13, 2020
The Dews (DIFC Employee Workplace Savings) plan went live February 1. Antonie Robertson / The National
DIFC’s new savings plan will be a ‘catalyst’ for pension fund growth in the Gulf

There will be strong interest in replacing the gratuity system in the UAE and beyond following the free zone’s initiative, says Willis Towers Watson

MoneyFebruary 12, 2020
The PwC survey found that only 7 per cent of Dubai consumers never use food delivery apps. Photo: AP
Majority of Middle East consumers plan to spend more this year

Customers in the region favour convenience and outpace global trends in online food delivery, new PwC survey finds

MoneyFebruary 11, 2020
Illustration by Mathew Kurian
How to get the best deal on an annual maintenance package for your UAE home

Long-term contracts that include services such as AC cleaning and emergency call-outs save money, say experts

MoneyFebruary 10, 2020
The average age of the UAE's high net worth individuals in the HSBC study was 35 years old. Photo: Getty Images
UAE millionaires are the youngest in the world

The wealthy in the Emirates also rate self-improvement and adventure higher than global peers, new HSBC study finds

MoneyFebruary 06, 2020
Abdelrahman Rashwan, of The Discounter, saves some of his money in Egyptian bank accounts that pay 13 per cent in interest. Chris Whiteoak / The National
Money & Me: ‘I got on track with my savings after my family cut me off'

Entrepreneur Abdelrahman Rashwan says he is thankful for the lesson from his twenties

MoneyFebruary 06, 2020
UAE residents remitting money to their home countries in the Middle East, Africa and Asia through Hello Paisa will have complimentary access to the new "Hello Protect" insurance product. Victor Besa / The National
Low-income UAE workers to receive free insurance when sending money home

Democrance, Axa and Hello Paisa team up to offer Dh3,000 in personal accident cover for total disability or death

MoneyFebruary 05, 2020
Only about a third of employers (35 per cent) offer flexible working and a similar percentage (36 per cent) offer an education allowance.. Nicole Hill / The National
Benefits mismatch: the perks GCC employees ask for and what they actually receive

Professionals consider education allowances and flexible working important, but companies are more likely to offer car allowances and life insurance

MoneyFebruary 05, 2020
Kitopi, which stands for 'Kitchen Operation Innovations', cooks and delivers to customers on behalf of restaurants. The start-up succeeded in raising $60m in the first six months of the year. Courtesy Kitopi
Dubai cloud kitchen company Kitopi raises $60m to fuel global expansion

The start-up will add 100 more locations globally to its current 30 in the Gulf, US and UK

TechnologyFebruary 04, 2020
Maurice Gravier, chief investment officer of Emirates NBD, presented the bank's Global Investment Outlook for 2020 on Sunday. Antonie Robertson / The National
Emirates NBD expects a ‘modest year’ for investor returns

Bank says high valuations, elevated global debt and persistent risks will weigh on markets

MoneyFebruary 02, 2020
Gold consuming giants China and India accounted for 80 per cent of the year-on-year decline in jewellery and retail investment demand, according to the World Gold Council’s report. Photo: Reuters
Gold-backed ETFs grew more than 400% in 2019

Global demand, however, declined 1% from 2018 on a price-driven slump in jewellery and retail sales, World Gold Council says​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​

MoneyJanuary 30, 2020
Illustration by Mathew Kurian
The four themes affecting your investment returns in the 21st century

Here's how you, your children and grandchildren should invest over the next 80 years, says Invesco

MoneyJanuary 30, 2020
Circ became the first licensed micromobility operator in Abu Dhabi in July of last year. Courtesy Circ
E-scooter giant Bird acquires rival Circ

Circ, which operates in the UAE, will add as much as 300 employees to its Europe and Middle East markets following the deal

TechnologyJanuary 28, 2020
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