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Money Matters

Money Matters latest

Shell company building
July 30th, 2026 - 09:20 GMT
P. Choiaqo

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 ...
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94 basic food products would be exempted from the tax in the UAE. (File photo)
July 20th, 2016 - 07:35 GMT

What you need to know about VAT: Part two

You will need to know if your employer can cover costs, how much money you will need until you get your first pay cheque and how much additional money you should have access to in case of an emergency. (File photo)
July 19th, 2016 - 11:11 GMT

Move it or renew it? How to manage home project costs

Other than credit and debit cards, another mechanism leading the way is prepaid cards. (File photo)
July 18th, 2016 - 07:21 GMT

Cashless payments trend gains ground globally but MENA is slow on the uptake

Once the framework agreement on implementation of VAT is reached, GCC countries have one year from January 1, 2018, to implement it. (File Photo)
July 17th, 2016 - 09:42 GMT

What you need to know about VAT: Part one

The most common machines have various security features such as watermark and ultraviolet detection. (Wikipedia)
July 14th, 2016 - 10:46 GMT

Countering the counterfeit: How to spot the fakes

The availability and ease of accessing this debt make it harder to resist the temptation of using it. (File photo)
July 12th, 2016 - 10:34 GMT

With higher credit limits comes greater responsibility

As of 2015, there is more than $147 million worth of fake US dollar bills circulating around the world. (File photo)
July 10th, 2016 - 11:30 GMT

Counterfeit cash still plagues the market

From a safety and security perspective, banks definitely rank up high, however, returns are not as attractive as compared to other financial instruments and products. (File photo)
July 5th, 2016 - 08:20 GMT

Don't bank on it: Putting your eggs in one basket isn't the best savings strategy

Certain loan types which can drain your wealth if you aren't careful. (File photo)
July 3rd, 2016 - 09:44 GMT

Good debt and bad: Do your loans benefit you in the long run?

Insiders say bureaux de change have started to panic because they were woefully unprepared for the fallout from a Leave result in the EU referendum. (Shutterstock)
June 29th, 2016 - 08:33 GMT

Avoid post-Brexit ripoffs when changing money

Lack of financial education cited as exacerbating economic inequality. (File photo)
June 28th, 2016 - 07:11 GMT

DFM and Nasdaq Dubai partner to boost financial literacy

Saudi Arabia's IPO drive and platforms provided through Dubai Islamic Financial Centre and Nasdaq Dubai are significantly promoting the Islamic Capital Market towards its $10 trillion target. (File photo)
June 27th, 2016 - 11:43 GMT

The basics of Islamic finance principles

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