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Money Matters

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The $40.9 Billion World Cup Effect: How Football Fuels Economic Growth
June 12th, 2026 - 04:51 GMT

The $40.9 Billion World Cup Effect: How Football Fuels Economic Growth

The 2026 World Cup arrives with a record eight Arab nations on the team sheet. Saudi Arabia, Qatar, Jordan, Morocco, Tunisia, Egypt, Algeria and Iraq. That is double the previous record set in 2018 and the strongest Arab representation the tournament has ever seen. Jordan qualifies for the first time, while Iraq returns after 40 years away. The scale of a modern tournament is enormous. Organisers, drawing on an Oxford Economics study, estimate it could add up to USD$40.9 billion to global GDP and draw 6.5 million attendees across the ...
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Some drivers in the UAE will see their car insurance bills rise by as much as Dh1,691 this year. (File photo)
March 15th, 2017 - 06:00 GMT

Prices for UAE car insurance to soar in 2017

In Dubai, the price of 24-karat gold was at Dh146 per gram as of Sunday, which is Dh6.25 cheaper than in the beginning of the month. (Pexels.com)
March 13th, 2017 - 07:29 GMT

Is it time again to go for gold?

The vast majority of GCC companies will not only need to ensure they accurately determine and report on VAT requirements but, even more importantly, do it efficiently by automating this whole new process. (File photo)
March 12th, 2017 - 08:49 GMT

Getting ready for GCC VAT implementation

A visit to Siem Reap in Cambodia won’t cost you an arm and a leg.  (Shutterstock/Tonv)
March 9th, 2017 - 05:00 GMT

Holiday hotspots where you can stretch your dirham further

If you're flying with Emirates and a have a layover of four hours or more, you can collect free meal vouchers at Dubai Airport. (Shutterstock/ Alexandra Lande)
March 6th, 2017 - 08:06 GMT

5 things that you can still get for free in Dubai airport

Loan documents are notoriously overwhelming, so be prepared to ask for clarifications before you sign on the dotted line. (Shutterstock)
March 5th, 2017 - 09:05 GMT

Loan smarts: Questions to ask before borrowing money

'Enough' is the quality of having everything you need and want but nothing in excess, nothing that imposes a burden on you, whatever your income bracket. (Shutterstock)
February 27th, 2017 - 09:19 GMT

When the going is good, don't let financial discipline take a back seat

Although some emergencies may be beyond your control, try to make the best out of the lessons learned from suffering a financial crisis.  (Shutterstock)
February 26th, 2017 - 05:30 GMT

How to recover from a financial setback

Family security and safety is without a doubt the number one driver for the vast majority of citizenship applicants coming from the Middle East. (Shutterstock)
February 23rd, 2017 - 08:39 GMT

Cash for citizenship schemes: The benefits of acquiring a second nationality

If you're viewing your savings pot as an emergency fund, you're best off going for an account with no minimum balance requirements. (Shutterstock)
February 21st, 2017 - 08:08 GMT

Savings accounts: The devil's in the details

If what’s driving your decision is simply keeping up with others, and it is not even a want, then you better begin to train yourself on resisting this temptation. (Shutterstock/ VanderWolf Images)
February 19th, 2017 - 05:00 GMT

When keeping up appearances drives you into debt

According to UBS, the UAE is one of the most "advanced countries in terms of its economic diversification", benefiting from a stable political environment and substantial public foreign assets. (File photo)
February 15th, 2017 - 05:48 GMT

Time to go local for investment opportunities: UBS

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