The validity of cheque in the UAE
When opening an account, UAE banks provide free checkbooks to account holders. So far, in 2018, 12 million checks have been issued across the UAE. Cheques are used for most payments. Processing the checkbook is simple if the terms and conditions on the checkbook are followed. The validity of cheques…
Read more »
List of top debt agency in UAE
Debt is something that a party (borrower or debtor) owes to the other party (lender or creditor), usually money. Debt is a deferred payment or a series of payments owed in the future, which is different from immediate purchase. Debt can be owed by a sovereign state or country, local…
Read more »
How to be Listed Company to the Bank in UAE
Banks in the United Arab Emirates require companies to be on their list of they need to open up a corporate account. Banks, when giving out loans to an employee or a person who works, the banks check if the company of that person is listed with them or not….
Read more »
List of Free zone in Dubai to start your Business
Free trade zones in Dubai are special economic zones that are set up to provide companies with concessions in Taxes and custom duty benefits to foreign investors. There are more than 30 zones in Dubai. Free Zones in the UAE and Dubai are governed by the rules and regulations of…
Read more »
What is a credit score in UAE & calculate?
A credit score is a statistic used to assess a consumer’s credit standing and based on credit history. The creditor uses the credit score to determine the likelihood of the individual repaying the debt. A person’s credit score is between 300 and 900, and the higher the score, the higher…
Read more »
The Best Way of Investment in Dubai 2020
The ongoing declaration by the Dubai government that work will start ahead of schedule one year from now on the site for Dubai Expo 2020 speaks to an energizing time in Dubai’s financial improvement. Dubai was chosen to have the world expo exchange show 2020 (“Dubai Expo 2020”) toward the…
Read more »
How to Get a Personal Loan in UAE Without Company Listing
Banks and non-bank financial institutions provide personal loans to individuals who meet their eligibility criteria. Understanding personal financial eligibility criteria are critical because it simplifies and speeds up your loan application process. Each bank has its eligibility requirements for age, income, credit score, employment type, and work status. Based on…
Read more »
Top 10 Saving Account with a High-Interest rate in UAE
It is a deposit account held at a retail bank that pays interest but cannot be used directly as currency in the sense of a small exchange medium (for example, by writing a check). These accounts allow customers to reserve a portion of their current assets while earning a return…
Read more »
How to get a loan and credit card from Riyadh bank?
Riyad Bank is one of the biggest money related foundations in Saudi Arabia, positioned fourth in assets it was built up in 195. The Saudi government claims 51% of the portions of the firm. As other Saudi business banks, Riyad Bank is directed by the Saudi Arabian Monetary Authority. In…
Read more »
9 Things to Know About Debt in the UAE
A debt is any outstanding balance due to some organization or individual to another organization or individual. Debt law in Dubai was not as rigid as they are today. 1-Law for Dept in the UAE: UAE treats debt as a criminal matter rather than a public matter. Loans bounced cheques,…
Read more »