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Credit Cards

Credit Cards – Boon or a Bane? – Part 2

Author:  Nadeem Syed – Banker
Nadeem Syed

This is second and final part of the series written by Nadeem Syed – our Banking Advisor.The part 1 explained the Background and some key features of a Credit card. This instrument of convenience can make life easy, however, used recklessly, could certainly result in a potential calamity, waiting to happen. Can we avoid it? Read to find out.

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Credit Cards

Credit Cards – Boon or a Bane? – Part 1

Author:  Nadeem Syed – Banker
Nadeem Syed

This is part 1 of a two part article written by Nadeem Syed- our Advisor on Banking matters. It explains in simple terms working of a Credit card – a modern financial product that affects our daily lives and may practically be considered as a commercial necessity. It explains the working and background and also suggests some useful tips to avoid getting into Credit card trouble!
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Doing Business in the UAE

Doing Business in the UAE

Under United Arab Emirates (UAE) laws, there are five types of business establishments applicable to foreign entities/individuals interested in establishing a formal presence in the UAE. A person can establish a new company, a branch office of an existing company, create an entity in a UAE free zones including International Companies “off-shores”, create a civil company (currently limited to Sharjah and Dubai), or enter into a commercial agency agreement. Read more