Planning for Children’s Education in the UAE: Investment Strategies for Parents

Planning for Children’s Education in the UAE: Investment Strategies for Parents

In the UAE, educating a child from primary school to university can cost up to Dhs 365,025 to Dhs 730,050, with higher education alone estimated at Dhs 250,000 to Dhs 600,000. Despite these hefty costs, 29% of parents have not started saving, highlighting the urgent need for early and strategic education savings plans to ensure financial readiness[1][3][4].
The Impact of VAT in the UAE: How to Manage and Reduce Your Taxable Expenses

The Impact of VAT in the UAE: How to Manage and Reduce Your Taxable Expenses

The UAE introduced a 5% Value Added Tax (VAT) on January 1, 2018, generating over Dh 95.4 billion ($26 billion) in revenue by October 2021. Businesses can recover input VAT on taxable activities, while certain expenses like entertainment are non-recoverable. Compliance involves mandatory registration for businesses exceeding AED 375,000 in annual supplies and meticulous record-keeping. Learn more about VAT categories, allowable expenses, and its impact on businesses and consumers. [3][4][5]
UAE Finance Basics: What You Need to Know

UAE Finance Basics: What You Need to Know

The Central Bank of the UAE regulates the banking and monetary system, overseeing a diverse sector of around 50 local and foreign banks, including commercial, investment, industrial, and Islamic banks. The country also hosts key financial free zones like DIFC and ADGM, and three major stock exchanges, with banks adhering to global standards like Basel III and offering advanced digital banking services[2][4][5].
Crypto Investing in UAE: Risks & Rewards

Crypto Investing in UAE: Risks & Rewards

In the UAE, crypto investments surged by $34 billion from 2023 to mid-2024, a 42% increase, with stablecoins dominating 51% of the market. New regulations from the Central Bank have driven a 55% growth in stablecoin activity, and 37% of investors plan to increase their crypto holdings in 2025[2][4][5].