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Nada El Sawy

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Non-Muslims can register wills through the DIFC Wills Service Centre, which now covers assets throughout the country and worldwide. Photo courtesy DIFC Courts
DIFC wills now cover UAE-wide and global assets

Previously, the service only applied to properties and holdings in Dubai and Ras Al Khaimah

MoneyJuly 31, 2019
Jayash Patel, head of Liv., says customers are actively using the app to accumulate loyalty points and increase their chances of winning the private island. Courtesy of Liv.
'Win a private island' competition boosts number of accounts at Liv. bank

More than 44,000 new customers have signed up since mid-April when the promotion was announced

MoneyJuly 30, 2019
A woman earning a minimum monthly salary of Dh4,000 can now sponsor her husband and children, whereas before it was restricted to certain professions and a minimum monthly salary of Dh10,000. Reem Mohammed / The National
What the new work permit rules mean for your family

The UAE government has made it easier for husbands, fathers and sons to secure employment without full company sponsorship

MoneyJuly 29, 2019
Close to 65 per cent of GCC car buyers choose which model to purchase in less than a month. Antonie Robertson/The National
GCC car buyers quick to choose their next ride with Toyota the top brand

Nearly 70 per cent use online research to make a decision on their next car purchase, YallaMotor report finds

MoneyJuly 29, 2019
Dubai has passed a number of property-related laws over the past few years to protect purchasers and developers. Sarah Dea / The National
Dubai to get first official real estate price index

Data will be available online from late September

MoneyJuly 25, 2019
A report in the UK media suggested Dubai had been targeted by Tehran - but there is little to back the story up. Courtesy: Reuters
Middle East bucks global trend of declining wealth growth

Personal financial assets grew by 5.7 per cent in the region but only 1.6 per cent globally, BCG report says

MoneyJuly 24, 2019
The Dubai Land Department's new Manzili online platform allows users to search for properties based on financial criteria. Sarah Dea / The National
Dubai Land Department rolls out online calculator to match buyers to properties

Buyers can search for homes that match their financial limits, based on monthly savings and cash available for down payment

MoneyJuly 23, 2019
ADGM on Al Maryah Island in Abu Dhabi. Photo: Alamy
ADGM’s new FinTech regulations are credit positive for banking system, Moody’s says

Frameworks for digital banks and robo-advisers were issued this month

MarketsJuly 19, 2019
Grounded Southwest Airlines Boeing 737 Max jets in Victorville, California. Reuters
Boeing suffers $4.9 billion loss from 737 Max grounding

The plane maker estimates its beleaguered jet will be approved to return to service early in the fourth quarter, but the FAA said it has no timeline

AviationJuly 19, 2019
Sean Kelleher, chief executive of Mondial Dubai, speaking at the first Workers Incentives and End of Service Benefits Conference in February. Leslie Pableo / The National
Europe’s Woodbrook Group acquires Mondial Dubai

The three-decades-old financial planning and wealth management organisation was one of the first in the UAE

MoneyJuly 18, 2019
Tine Willumsen, CEO of Denmark-based Above & Beyond Group, set up the Diversity Council Mena with founding companies that included Accenture, DP World, Bahrain’s GFH Financial Group and the Saudi Industrial Development Fund. Pawan Singh / The National
‘Trying to sell gender equality in Scandinavia is like selling sand in Sahara’

Danish CEO Tine Willumsen says she brought Diversity Council to Mena because of a need and willingness to advance women in the workplace

MoneyJuly 15, 2019
Victoria Cunningham, owner of Voyoga studio in Dubai, says she has no plans to retire anytime soon. Reem Mohammed / The National
Money & Me: ‘People see me as a yoga studio owner and think I’m so well-off'

Victoria Cunningham says despite appearances she lives a minimalist life to ensure her business breaks even

MoneyJuly 06, 2019
Tine Willumsen, CEO of Above & Beyond in Copenhagen, founded the Danish Diversity Council in 2016. Pawan Singh / The National
Diversity Council Mena launches to boost women's prospects

Initial members of accelerator from Denmark include Accenture, DP World, Bahrain’s GFH Financial Group and the Saudi Industrial Development Fund

EconomyJuly 05, 2019
Banks that charged customers 3 per cent early settlement fees will be required to give a refund within 30 days. Pawan Singh / The National
UAE mortgage applications up by nearly 80 per cent

The average loan size decreased from Dh1.67m in May 2018 to Dh1.31m in the same period this year​​​​​​​​​​​,​​​ says Mortgage Finder

MoneyJuly 02, 2019
Jacques Visser, the DIFC Authority's chief legal officer, has held the post since September 2015. Pawan Singh / The National
DIFC law revamp came after 'a long and hard look over years', says chief legal officer

Jacques Visser explains why the financial hub revised its employment and insolvency laws and the gratuity payment

MoneyJuly 01, 2019
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