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Nearly half of UAE residents will use bonus to pay off debt

Nearly half of UAE residents are expecting to use their bonus to pay off their debts, a new study has found. According to new research released by Zurich International Life, while 71% of residents are expecting a bonus by the end of this year – most being the equivalent to a one-month salary – it…

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Report: Lebanon is top pan-Arab investor for Dubai real estate

Lebanese nationals top the list of non-GCC, pan-Arab investors in the Dubai property market, spending an average of AED 2.63 million per transaction in 2014. This is according to a new report by the UAE-based Omega Real Estate. The company based its findings on a recent report released by Dubai Land Department (DLD). Out of…

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