Money Matters | Al Bawaba

Money Matters latest

Shell company building

July 30th, 2026 - 09:20 GMT

P. Choiaqo

Shell records more than double profits as war rages in the Middle East

ALBAWABA - British oil and gas company Shell has seen its profits more than double compared to the same period last year as oil prices surge amid Strait of Hormuz conflict between the U.S. and Iran. The company’s net profit hit $9.84 billion dollars in the second quarter of the year after Brent oil prices jumped from $60 a barrel in January to $114 in early May at the peak ...

People are beginning to realize that comparison sites really do save them money. (Pexels)

May 4th, 2017 - 03:35 GMT

Personal Finance Technology: 3 Easy Steps to Manage Your Money in a Digital World

UAE residents found it harder to get approvals for new credit cards in the first quarter of the year, according to a new report from comparison site compareit4me.com. (Pixabay)

May 3rd, 2017 - 11:51 GMT

The Reason Why People Find it Harder to Get a Credit Card in UAE Is Beyond Annoying

For ICON Founder Salma Sakhnini, "emphasis on further education applies even more so for women, because women are paid less and still have to work hard to prove themselves in the workplace." (Pexels)

May 2nd, 2017 - 02:23 GMT

Why Women in the Middle East Need Education More Than Men Do

Credit card misuse can cost you up to Dh2 million ($0.5 million) of fine in UAE. (Pixabay)

April 27th, 2017 - 11:03 GMT

Hefty fines for credit card abusers in UAE

Jeremy Cape (right) and Scott Hutton talk about the implications of the VAT on the GCC's construction and property sector. (YouTube)

April 26th, 2017 - 11:37 GMT

Video: Experts discuss the implications of VAT for GCC companies

Some banks in the UAE are offering residents a chance to borrow money at less than 3 percent annual interest. (File photo)

April 25th, 2017 - 11:43 GMT

Borrowing money in UAE is easy and these banks are making it even easier

A recent report predicted that inpatient spending in the GCC would grow from $16.4 billion in 2015 to $28.9 billion in 2020. (Pixabay)

April 24th, 2017 - 11:08 GMT

Inpatient costs in GCC are ridiculous: Here’s what you can do about it

The cost of renting an accommodation in Dubai is among the highest in the world, knocking off rents in Zurich, which has a reputation for having high living costs, as well as in London, Miami, Tokyo, Amsterdam, Paris and Melbourne. (Pexels)

April 23rd, 2017 - 05:01 GMT

What should your salary be to afford to live in Dubai?

The UAE is among the top nations in per capita waste generation in the world, and reportedly has some of the highest electricity and water consumption rates globally. (Pixabay)

April 20th, 2017 - 12:54 GMT

8 super-smart tips to reduce your electricity bill in the UAE

With 2018 fast approaching, it is critical for businesses in the GCC to start planning now for the impending arrival of the new tax regime. (Pexels)

April 19th, 2017 - 10:16 GMT

5 simple steps for GCC businesses to get VAT-ready

Banks in UAE can now reject your loan requests if they decide that your credit score is too low. (Pixabay)

April 18th, 2017 - 12:41 GMT

Your UAE credit score will tell banks if they should lend you money or not

Some $120 billion in funds were remitted from the Middle East region to different destinations around the world in 2015 alone, an increase of 9 percent from $110 billion in 2014. (File photo)

April 17th, 2017 - 09:15 GMT

Hackers are determined to steal your money: Here’s what you can do to stop them