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Financial literacy is more than budgeting or saving — it’s the key to avoiding debt traps and poor financial decisions. With solid financial knowledge, people make smarter choices, enhancing their well-being and contributing to a stronger economy. Empowered individuals drive personal and economic growth, offering hope and inspiration for the future. The UAE and other […]

Abu Dhabi: The Central Bank of the UAE (CBUAE) has issued the Sandbox Conditions Regulation, which aims to attract start-ups and global fintech businesses and create an attractive environment for the financial sector that supports creativity and innovation within a regulatory and supervisory framework. It will also consolidate the financial sector’s competitiveness and support the UAE’s economic

Dubai’s listed developer Union Properties PJSC, on Friday, announced a breakthrough in its ‘legacy debt’ restructuring challenges by entering into a settlements with EmiratesNBD and Dubailand for Dh1.25 billion. Under the agreement with Dubai’s biggest bank, Union Properties will pay a settlement amount of Dh850 million to Emirates NBD in installments within nine months of

Now amnesty seekers have one more month to rectify their residency status to stay in the country or leave it without facing fines Abu Dhabi: The amnesty period has officially been extended for one more month in the country, the Federal Authority for Identity and Citizenship has announced on Tuesday. The current three-month long amnesty

Abu Dhabi revamps system to handle labour disputes more efficiently Dubai: More than 60 per cent of labour disputes arise from non-payment of wages and do not require protracted litigation and should be settled out of court, a legal expert said during a presentation in Dubai on Saturday evening. Addressing a group of business leaders,

President issues directive to give amnesty seekers more time to resolve status The UAE’s visa amnesty has been extended for one more month granting amnesty seekers more time to settle their visa status in the country, an official told Gulf News on Monday. Lieutenant Colonel Ahmad Al Dallal, spokesperson at the General Directorate of Residency

Urge public to be cautious of links handing out special offers Abu Dhabi: Abu Dhabi Police warned the public of fraudulent banking websites that trick victims and steal their savings in fraudulent operations by luring people with fake competitive offers via email and mobile phones. Colonel Omran Ahmad Al Mazroui, Acting Director of the Criminal

Individuals or tourist companies can no longer drive in the desert without a permit Two months after the rule came into effect, Sharjah Police has issued its very first desert driving licence. The Sharjah Driving Institute of Sharjah Police announced it has issued the first desert permit on December 18, 2018 after applicants successfully passed their

A total of 105,809 residence visa violators applied for amnesty in Dubai and 1,212 were from war-torn countries, a top official said. Al Aweer and Amer centres in Dubai provided amnesties against fines and changed the status of illegal residents to legal as part of a UAE-wide amnesty from August 1 to December 31. Speaking

City to become a major attraction for tourism and investment Dubai: His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Monday inspected a number of development, service and ecotourism projects in Hatta. He issued instructions to accelerate the implementation of service and environmental