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Are pay hikes for UAE employees keeping up with inflation?


Living in Dubai is much more affordable than it was before the 2008 crisis. However, this year seems to be a bit different from the past couple of years as rents are going up in good localities in the city and the cost of education is ever-increasing, irrespective of the school.

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Feeding fears of inflation


Soaring food prices come at a delicate time for Arab countries still dealing with the aftermath of 18 months of political upheaval and economic turbulence

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Expats sent QR30.8bn to home countries in 2011: QCB


DOHA: Remittances routed by expatriate workers to their home countries soared to about QR30.8bn, a 4.5 percent increase in 2011 compared to 2010, said a report issued by the Qatar Central Bank ( QCB ).

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Turkish regulator proposes banks trade gold bullion


ISTANBUL, Aug 27 (Reuters) - Turkey's banking regulator (BDDK) has proposed legislation to allow banks to trade gold bullion with their customers, a move which would further bolster a flourishing new business for the lenders.

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Strong demand for Islamic banking products projected


MUSCAT -- Demand for Islamic banking and insurance products is expected to be fairly robust when Islamic banks, Islamic windows and Takaful companies formally roll out their products and services, starting from as early as the fourth quarter of this year.

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MasterCard, Egyptair collaborate to bring Saudi Arabia cardholders more value this summer


MasterCard and Egyptair, Egypt's flag carrier airline, have jointly introduced a cash back promotion for MasterCard cardholders from the Kingdom of Saudi Arabia, Kuwait and the United Arab Emirates travelling to Egypt this summer.

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The cheapest ways to get your currency exchanged


International travel, whether for business or pleasure, carries with it an inherent need for preparation. One of the biggest concerns for the unseasoned traveler is how to obtain the different types of currency that need to be used in a foreign county.

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7 ways to financially empower your kids


In the last 20 years, the American childhood experience has undergone dramatic changes. Thanks to technology, we see new opportunities for learning, developing and innovating. Take tablets, smartphones, video games and laptops for instance.

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5 easy steps to becoming a millionaire


Who wouldn't want to be worth a million dollars? Many of us dream of achieving this goal, more often than not for the sake of the freedom financial stability would bring. So how can we get there?

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HSBC to retain most staff following Lloyds’ takeover


Dubai HSBC Bank Middle East will retain as many employees as possible in the UAE following an announcement that they will acquire Lloyds Banking Group’s UAE operations.

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