Posts

Showing posts from January, 2020

What do you think about an investment plan in UAE

Image
Dubai is a huge trading market with maximum opportunities for the investor to get maximum profit. With the same thought, saving money remains a top priority among many residents in the UAE. This is the most important thing which should be carried by all but unfortunately, only a few are able to manage. At first sight, this formula looks pretty cool to set aside a huge portion of your income to secure a comfortable retirement or fulfill financial goals in the future, but very difficult to manage. According to a survey report, the majority of people in the UAE are able to save only 10 percent of their income while only less than a quarter manage to secure 10 to 25 percent of their earnings. This shows the richness of the region which attracts the residents and outsiders to spend more and more to maintain a lavish lifestyle. That’s the reason, best investments in UAE is a profitable plan if someone could manage in a smart way. But you cannot manage all alone and the reason is simple

2 reasons to choose an Islamic bank

Image
You can move right or left, back or front and you can also take a turn sometimes. These are the only options, you can adopt for a movement. Similarly, if you are in Dubai, first you must have to adopt the banking sector through an official current or a savings account. You don’t have any other options because it’s a must thing and none can even think to move for any task without having an account on his/her name. What are the options considering banking services for expatriates, is a frequent question asked many readers. Today this is our topic and now we will share outlines as: Two parallel banking systems Which banking system is best for an expat in UAE? What majority of the expatriates prefer while considering a bank? As we have discussed earlier that there are two parallel banking systems running in UAE and we will not go into detail. Just for your ease, one is a traditional baking system that is used for conventional and commercial banking tasks following interest rate. Whil