Lebanon’s draft banking law ‘fails to ensure’ cash recovery for depositors
Lebanese depositors face high uncertainty and a long wait in recovering their money from banks, despite a draft…
Oil posts second weekly drop on potential Russia-Ukraine peace deal
Oil prices recorded a second steep weekly loss, as market participants continued to digest the growing prospects of…
My Dubai Salary: ‘I aim to retire by 55 or sooner by investing in index funds’
Jay Adrian Tolentino, a 38-year-old Filipino financial coach in the UAE, aspires to retire by the age of…
Visa returns to Syria as Damascus seeks access to global financial system
Payments company Visa is set to restart operations in Syria after more than a decade after signing an…
IMF welcomes recalibration of Saudi Arabia Vision 2030 spending
The International Monetary Fund on Thursday welcomed Saudi Arabia recalibrating its Vision 2030 spending as the kingdom seeks…
Saudi Arabia approves 2026 budget with $350bn in spending and deficit of $44bn
Saudi Arabia on Tuesday approved its budget for next year with spending of 1.31 trillion Saudi riyals ($350…
UAE to provide $1 billion to support Yemen’s energy sector
The UAE will allocate $1 billion to support the development of the energy sector in Yemen, which is…
‘Era of aggressive salary growth has cooled’: UAE wages set to increase by 1.6% in 2026
Salaries in the UAE are expected to rise by 1.6 per cent on average in 2026, as companies…
‘Crossroads of capital’: Why uber rich will flock to UAE for another decade
The trend of capital inflows and the migration of super wealthy to the UAE is not a short-term…
Dubai unveils record three-year budget with $82bn in spending
Dubai has unveiled a record government budget for 2026-2028, pegging spending during the three-year cycle at Dh302.7 billion…
UAE plans to invest $50 billion in Canada’s energy and AI sectors
The UAE plans to invest $50 billion in Canada as part of an investment framework agreement between the…
How much do you need to retire comfortably in the UAE?
The biggest question on everyone’s mind is whether they can truly afford to retire comfortably in the UAE,…