Revealed: What UAE residents spend the most on and how much they save

Dubai: Some UAE residents Gulf News spoke to said they are spending up to 90 per cent of their monthly income on rent, school fees, food, entertainment and towards their household expenses. Close on the heels of the UAE announcing on Sunday (August 25), that accommodation and food services contributed to a 4.2 per cent growth […]

Indian rupee trading stronger: should expats send money now or wait?

Dubai: The Indian rupee’s slide looks to have been halted… for now. In fact, it’s getting stronger, with the rupee trading at 19.53 levels early on Tuesday. Check the latest remittance rates in UAE here “The latest announcements by the Indian government/central bank is the reason for the lift from 19.6 levels,” said a market […]