UAE visit visa: How to bring your parents to the UAE without paying a security deposit

Dubai: You can now bring your parents on visit visa without paying the additional security deposit (refundable) charged by the General Directorate of Residency and Foreign Affairs – Dubai (GDRFA). For someone living on a budget this can be a big money saver. There are travel agencies in the UAE who can help you bring […]

US manufacturing emerges from recession in Q3: Fed

WASHINGTON: US manufacturing recovered in the third quarter after a bruising start to the year in which President Donald Trump’s trade wars put a major dent in factory output, the Federal Reserve reported Thursday. But in the month of September alone, overall American industrial production pulled back as the nationwide strike at General Motors assembly […]

Pound soars as Brexit deal announcement puts end of saga in view

The pound surged more than 1% as the U.K. and European Union announced a Brexit deal has been reached. Sterling climbed to a five-month high as European Commission President Jean-Claude Juncker said the two sides had reached a fair and balanced agreement. Optimism for an agreement has been building among investors in recent days on […]

Americans now need at least $500,000 a year to enter the top 1%

New York: One definition of rich is getting into the top 1 per cent. If that’s your goal, it’s becoming harder to reach. The income needed to exit the bottom 99 per cent of US taxpayers hit $515,371 in 2017, according to Internal Revenue Service data released this week. That’s up 7.2 per cent from […]