ABU DHABI // The Ministry of Interior has asked community members not to sympathise with beggars, ahead of Ramadan.
The ministry has started a nationwide campaign against begging, which is illegal. Occurrences tend to increase during the holy month, and police teams will intensify patrols nationwide.
Lt Gen Saif Al Sha’far, undersecretary at the ministry, called begging a scourge that reflects negatively on the country’s civilised image.
“Begging opens the door for some people to indulge in various forms of dupery and fraud to seek alms from people, and exploiting their tendency for charitable work during Ramadan,” he said.
He urged the community to donate money through appropriate channels.
Residents can report incidents of begging in their neighbourhoods by calling the police at 999 or the Aman service on 800 2626, or by SMS to 2828.
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THE 12 BREAKAWAY CLUBS
England
Arsenal, Chelsea, Liverpool, Manchester City, Manchester United, Tottenham Hotspur
Italy
AC Milan, Inter Milan, Juventus
Spain
Atletico Madrid, Barcelona, Real Madrid
Keep it fun and engaging
Stuart Ritchie, director of wealth advice at AES International, says children cannot learn something overnight, so it helps to have a fun routine that keeps them engaged and interested.
“I explain to my daughter that the money I draw from an ATM or the money on my bank card doesn’t just magically appear – it’s money I have earned from my job. I show her how this works by giving her little chores around the house so she can earn pocket money,” says Mr Ritchie.
His daughter is allowed to spend half of her pocket money, while the other half goes into a bank account. When this money hits a certain milestone, Mr Ritchie rewards his daughter with a small lump sum.
He also recommends books that teach the importance of money management for children, such as The Squirrel Manifesto by Ric Edelman and Jean Edelman.
Three trading apps to try
Sharad Nair recommends three investment apps for UAE residents:
- For beginners or people who want to start investing with limited capital, Mr Nair suggests eToro. “The low fees and low minimum balance requirements make the platform more accessible,” he says. “The user interface is straightforward to understand and operate, while its social element may help ease beginners into the idea of investing money by looking to a virtual community.”
- If you’re an experienced investor, and have $10,000 or more to invest, consider Saxo Bank. “Saxo Bank offers a more comprehensive trading platform with advanced features and insight for more experienced users. It offers a more personalised approach to opening and operating an account on their platform,” he says.
- Finally, StashAway could work for those who want a hands-off approach to their investing. “It removes one of the biggest challenges for novice traders: picking the securities in their portfolio,” Mr Nair says. “A goal-based approach or view towards investing can help motivate residents who may usually shy away from investment platforms.”
A MAN FROM MOTIHARI
Author: Abdullah Khan
Publisher: Penguin Random House
Pages: 304
Available: Now
Ramy: Season 3, Episode 1
Creators: Ari Katcher, Ryan Welch, Ramy Youssef
Stars: Ramy Youssef, Amr Waked, Mohammed Amer
Rating: 4/5