09/26/2018

Global Financial Stability Report - IMF

The April 2018 Global Financial Stability Report (GFSR) finds that short-term risks to financial stability have increased somewhat since the previous GFSR.

09/21/2018

Egypt has 2nd-highest total wealth in Africa: report

It includes all their assets (property, cash, equities, business interests) less any liabilities,” adding that with this methodology, countries with larger populations are expected to rank highly.

09/20/2018

Report: UAE a Haven for HNWI's

The number of millionaires in the UAE with assets between $1 million and $30 million is projected to grow by 5.5 per cent between 2017 and 2022 as compared to 2.5 per cent during 2012 and 2017.

09/19/2018

Top Reasons Why UAE Banks Freeze Your Accounts

When people are denied access to their bank account, even if it is just for a short period of time, it can ultimately have a knock-on effect on their short-term finances including the payment of rent, school fees and savings.

09/18/2018

Why are certain personal UAE bank accounts frozen?

The most common reason universally for a frozen bank account is when the bank feels that the transaction in the account is suspicious and may involve an illegitimate business transaction.