Dubai: With more tentative tenants in Dubai once again looking at buying a home, developers are rushing in with payment models that can meet buyers’ expectations without straining their budgets. But is…
Tag: loans
US interest rate cut: UAE residents, businesses with loans get instant relief
Dubai: UAE residents with monthly paybacks on their loans, mortgages and credit card bills will feel an immediate relief from the 0.50 per cent interest rate cut announced overnight by the US…
Debt-free revolution: How to overcome student loans, credit card balances, and rising living costs?
How do you overcome debt from student loans, credit card balances, and rising living costs? Learn how young adults today are increasingly rallying around the concept of achieving financial independence through aggressive…
Leading UAE banks launch short-term loans for blue-collar workers' emergency needs
Dubai: UAE banks are gradually entering the micro-finance space by offering strictly short-term loans to blue-collar workers who would typically not feature on their loan books. The demand for such loans already…
Saudi Home Loans inks deal with ANB
Saudi Home Loans inks deal with ANB
Emirates Global Aluminium used 'green' loans to fund German foundry purchase
Dubai: The UAE industrial giant Emirates Global Aluminium fully funded its recent acquisition of a foundry in Europe through its first green loan facility. EGA had completed the acquisition of Leichtmetall last…
Unable to pay your loans? How to decide whether or not you should pause your dues
Dubai: Borrowers facing budget constraints following the recent weather conditions in the UAE were offered an option by the Central Bank on Monday to put a pause on their monthly dues for…
On new loans, UAE SMEs are not waiting for US interest rate cuts to happen: RAKBank MD
“These business operations are not as rate sensitive as the UAE’s bigger companies, and who might be waiting for the Fed decision.” In broad terms, current lending rates to SMEs start from…
New UAE rules on Buy Now Pay Later loans: What it means to the consumers
Dubai: Consumers in the UAE will get an extra layer of protection now that the UAE Central Bank has issued new guidelines for Buy Now Pay Later companies to be licensed and…
Looking to pay off your loans faster? Know why debt reduction plans won't always work
Dubai: If you’re in debt and struggling to find your way out, you’ve probably spent a lot of time trying to come up with a fix. But whatever you’ve tried, it’s possible…