Archives for the ‘Money’ Category
  Super-sized spending in Saudi»

Most families in Saudi are spending much more than they earn, accumulating huge debts as a result.

March 10, 2010

Is the money flow slowing down?»
While remittances to places like India and Pakistan could be hit by the debt crisis in Dubai, the Philippines says it doesn’t expect any declines in money transfers.

December 3, 2009

Is the dollar dying?»
As the US dollar continues falling, analysts argue whether it’s a good sign, or a bad one.

October 13, 2009

HSBC: the not-so local bank?»
HSBC has reportedly said that it is hoping to concentrate its business on high-earning customers.

October 6, 2009

Will you ask for a raise in Q4?»
The results are in.

September 27, 2009


How much are you earning?»

The UAE has seen salary cuts of around 30 percent in the past year, according to a survey. Has your income been affected?

September 7, 2009


Algosaibi files countersuit against Mashreqbank»

Ahmad Hamad Algosaibi & Brothers, a Saudi conglomerate, announced on Monday it will sue...

August 25, 2009


The UAE’s claims to robbery fame»

British police are hunting for robbers who carried out the UK’s biggest-ever jewelry heist. The UAE is no stranger to big-time thieves.

August 12, 2009

Saudi going strong»
The kingdom’s financial sector is reporting good numbers, and the central government is not reeling under any external debts. Analysts say that Saudi remains largely shielded from the financial crisis.

August 9, 2009

How much money are you sending home?»
Reports say that remittances from expatriates in the UAE are rising constantly. But will job insecurities and smaller savings slow the money flow down?

June 3, 2009

Some taxi drivers are complaining about difficulties in finding passengers lately. Have you stopped using cabs?»
The results are in.

May 31, 2009

What’s in a number plate?»
Apparently, a lot. Car number plates can fetch big money in the UAE.

April 26, 2009

Is Nakheel not paying?»
According to a media report, the property developer owes UK engineering firms more than $290 million. Nakheel has declined to comment.

April 23, 2009

10 fat facts»
The number of obese people in the region is growing, and so is the money they are costing the Gulf region for healthcare. Here are some stats.

April 22, 2009

Banks stumbling back?»
The UAE’s banks will report growth this year, says the Emirates NBD chairman, as some of the major lenders in the US also start to show signs of recovery.

April 19, 2009