Sheikh Mohammed bin Rashid and Sheikh Mohamed bin Zayed discuss UAE vision for the future


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Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, held talks with Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, on Monday.

The two leaders discussed ways to accelerate the development of the Emirates at Al Marmoom in Dubai.

Sheikh Mohammed said the future of the nation was "greater and more beautiful" with the support of Abu Dhabi's Crown Prince.

He heralded Sheikh Mohamed for holding a vision for the UAE that has no limits.

"During my meeting today with my brother Mohamed bin Zayed in Al Marmoom, we discussed a number of issues related to accelerating development in our country," wrote Sheikh Mohammed on Twitter.

Sheikh Mohamed said the UAE, under the guidance of the President Sheikh Khalifa, was taking significant strides towards even greater success.

"I met my brother Mohammed bin Rashid in Dubai. We discussed our national achievements and the development of ambitious strategic plans," Sheikh Mohamed wrote on Twitter.

"The UAE, under the leadership of [President] Khalifa, is proceeding in construction and development with confident and optimistic steps towards the future, in a manner that consolidates the success of its march and progress and preserves its gains."

The high-level talks were attended by several senior figures, including Sheikh Mansour bin Zayed, Deputy Prime Minister and Minister of Presidential Affairs, Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, and Sheikh Maktoum bin Mohammed, Deputy Ruler of Dubai.








Tips for newlyweds to better manage finances

All couples are unique and have to create a financial blueprint that is most suitable for their relationship, says Vijay Valecha, chief investment officer at Century Financial. He offers his top five tips for couples to better manage their finances.

Discuss your assets and debts: When married, it’s important to understand each other’s personal financial situation. It’s necessary to know upfront what each party brings to the table, as debts and assets affect spending habits and joint loan qualifications. Discussing all aspects of their finances as a couple prevents anyone from being blindsided later.

Decide on the financial/saving goals: Spouses should independently list their top goals and share their lists with one another to shape a joint plan. Writing down clear goals will help them determine how much to save each month, how much to put aside for short-term goals, and how they will reach their long-term financial goals.

Set a budget: A budget can keep the couple be mindful of their income and expenses. With a monthly budget, couples will know exactly how much they can spend in a category each month, how much they have to work with and what spending areas need to be evaluated.

Decide who manages what: When it comes to handling finances, it’s a good idea to decide who manages what. For example, one person might take on the day-to-day bills, while the other tackles long-term investments and retirement plans.

Money date nights: Talking about money should be a healthy, ongoing conversation and couples should not wait for something to go wrong. They should set time aside every month to talk about future financial decisions and see the progress they’ve made together towards accomplishing their goals.

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Updated: July 13, 2021, 4:12 AM