Editor’s Picks

Are you looking for a free-for-life credit card that doesn't skimp on benefits? Souqalmal.com has shortlisted five credit cards that come with zero annual fee, and still offer multiple features, unique discounts and a high reward-earning potential. Read More
Having trouble qualifying for a personal loan in the UAE? Souqalmal.com has shortlisted five loan products that have some of the lowest salary requirements. Keep reading to know more! Read More
Looking for a non-cash alternative for paying your domestic help's salary? We explore some new and innovative channels that can not only help you go cashless, but also make it easier for domestic workers to manage their salary better. Read More
Cashback is one of the most sough-after credit card features and for good reason - Wouldn't you love earning back thousands of Dirhams on your credit card purchases? We've shortlisted some top-notch cashback credit cards for you right here! Read More
No salary transfer? No problem! We've shortlisted some of the best personal loans on the UAE market that don't require you to transfer your salary to the lender. Read More
It isn't uncommon for foreign expatriates in the UAE to seek a second home elsewhere. We narrow down top destinations for UAE expats that offer easy investment based immigration opportunities. Read More
Online banking has transformed in a big way. You can now do so much more with it - Pay utility bills, make instant remittances, create savings goals, customize your online banking experience and lots more! Read More
Sometimes the biggest savings are in the smallest of things. We help you unlock your true saving potential by cutting back, decluttering and simply being smart about money! Read More
Planning a trip to Europe? We help you lock down your Schengen visa and mandatory travel insurance to ensure you have a smooth fuss-free holiday! Read More
Have you been making lousy financial choices lately? Could your so-called 'friends' be the source of your poor judgement? Stay away from these four types of friends that are doing you more harm than good. Read More
Paying off your mortgage fully can seem like a mammoth task. But with the right attitude and strategy you can chip away at it a lot faster. We explore some practical ways that can help you wave goodbye to your mortgage sooner than expected. Read More
Are you stuck with a home loan amount that's higher than the current value of your home? We explain the concept of 'underwater mortgage' and the options you have available to remedy the situation. Read More
You know what's better than hanging out with your besties - Going on a holiday with all of them! We explain why it's a great, super-fun and seriously budget-friendly idea to travel overseas in a group. Read More
What's the best age to retire at? How should you plan for your retirement? With a myriad of questions surrounding the topic of retirement, we break down the basics and help you prepare for life post-retirement. Read More
Have you been using the same credit card for years? What if this credit card isn't the right one for you? We list five reasons why it may make sense to switch to a new credit card. Read More
Debt cycle, debt trap, debt spiral - Call it what you may, being stuck with never-ending debt is a stressful experience. Souqalmal.com explains how you can escape a debt cycle and earn back your financial freedom. Read More
Have you ever come across a credit card hold, or witnessed a portion of your credit limit blocked off? Souqalmal.com demystifies the concept and explains how credit card holds actually work. Read More
Are you constantly struggling to keep up with your financial commitments? You may be financially overextended without even realizing it. We list the telltale signs and risks associated with being overextended and what positive changes you should make in order to regain control over your finances. Read More
Confused about where to stay on your next holiday - A full service hotel or a cozy and private rental home? We list the pros and cons of each, to help you decide which type of accommodation works best for you. Read More
Are you unknowingly causing a dip in your credit score? With multiple factors affecting your credit report, ignoring some of the lesser-known ones can ultimately hurt your creditworthiness. Here's how... Read More
Mixing money and emotions almost never ends well. We list and explain five situations where it can be risky and downright detrimental to let emotions get the better of you. Read More
Two, three or more credit cards - Is it a good idea to own more than one? Souqalmal.com explains why and how having more than one credit card can actually be financially beneficial for you. Read More
Achieving a brand new milestone in its regional expansion plans; Souqalmal.com has landed an e-broker license in Bahrain and is set to launch in the country. Read More
We're all so dependent on our banks - For bank accounts, debit and credit cards, loans and much more. Have you ever wondered how your bank makes money? We list and explain the different revenue streams that allow banks to thrive. Read More
As a first time home buyer, you obviously want everything to go smoothly. We've listed some key mistakes to avoid, so you end up with the home that's just right for you and your family. Read More
The UAE Central Bank revealed the top five issues faced by banking customers in its 2018 annual report. Souqalmal.com spells out the implications of these concerns on UAE bank customers. Read More
If debt is the biggest source of stress in your life, it's time to make a big change. We've listed some practical tips to help you mould your current lifestyle and become debt-free sooner. Read More
Credit cards have made our lives a lot easier, but for the impulsive spender in most of us, things can easily get out of hand. Here are five effective way to curb overspending and beat the lure of easy money. Read More
We may have just found the most efficient way to get out of debt! The 'Debt Avalanche' debt-repayment strategy can help you cut your interest costs and repay your debts faster. Find out how... Read More
The holy month of Ramadan comes with exciting offers and irresistible discounts. Souqalmal.com explains how you can reap all the benefits of Ramadan deals while still staying on budget. Read More
Under what circumstances is your car declared a 'total loss'? And what happens thereafter? Here's what that scary sounding term actually means and how it impacts your car in terms of insurance. Read More
Did you know that your credit card has a big role to play in determining your credit score? Find out how it can impact your creditworthiness, both positively as well as negatively. Read More
We've known it all along, but it's great to get another stamp of approval from the International Business Magazine. We've been named the 'Best Comparison Website UAE 2019' and we're excited to share the news with you! Read More
Stepping into the freelance world is a bold decision. Dealing with unpredictable income may seem overwhelming, but it is not impossible. Souqalmal.com shares top tips on how to become a financially empowered freelancer in the UAE. Read More
When it comes to deciding on a place to rent in Dubai, it is best to start crunching some numbers before browsing rental listings. Souqalmal.com outlines all the factors you must consider when trying to nail down a housing budget. Read More
The Dubai Health Authority has now made it mandatory for all health insurance providers to cover a newborn child at birth. Read more about what the new directive includes... Read More
Are you looking to escape the UAE's soaring temperatures and jet off to an exotic destination? Look no further. Laura Cretney from the Pink Jinn blog rounds up 5 cool getaways you can explore this summer. Read More
In a rush to become debt-free, are you unknowingly taking shortcuts? These quick-fixes and mistakes can be detrimental to your current as well as future financial well-being. Here are seven traps to steer clear of on your path to debt repayment. Read More
Most (if not all) health resolutions are notoriously difficult to accomplish. We've shortlisted seven practical resolutions you can actually commit to without losing motivation half way through. Read More
Do you keep hearing the term 'Escrow Account' but have no idea how it affects you as a prospective property buyer in Dubai? Keep reading to understand how the Escrow system works and how it impacts the Dubai off-plan property market. Read More
Is a cruise over the deep blue sea your idea of the perfect holiday? An international cruise is a spectacular way to see the world, but there's also a lot that could go wrong on one. Find out where the risks lie and how to protect yourself. Read More
Are you unhappy with your car insurance provider? Have you been running from pillar to post, to get your complaint resolved? Here's all you need to know about how to handle a dispute with your car insurer in the UAE. Read More
Move over online banking and branch banking - There's a brand new banking channel up for grabs! Here's all you need to know about Emirates NBD's new WhatsApp Banking proposition. Read More
Are you still wasting your precious time, money and effort buying car insurance the traditional way? It's about time you switch to online car insurance purchase. Here's why... Read More
Your health insurance plan is getting more expensive year after year - Wonder why? We've rounded up some lesser known reasons behind health insurance premium hikes. Read More
Wondering how to change car ownership in the UAE? We've put together this comprehensive guide for anyone looking to buy a used car or sell their own car. Read More
Do you understand how Dubai's electronic road toll system 'Salik' works? Here's an all-inclusive guide to Salik, with all the details on setting up, recharging, and more. Read More
Are you telling yourself little lies to justify your debt situation and make yourself feel better? It's time to stop and take an honest look at what's keeping you in debt and how to beat it. Read More
Are you planning to buy or rent a new place in Dubai? With plenty of choices available for every type of budget, picking between a villa or apartment can be a tricky decision. We help you figure out which one fits your lifestyle better. Read More
Are you aching to go on vacation, but have a budget that's too restrictive? Don't worry - We've shortlisted 7 travel destinations that'll fit right within your budget. Have a look! Read More
Want to get a handle on your finances, but find 'budgeting' incredibly boring? We've shortlisted five of the coolest mobile apps that'll put a whole new spin on the dreaded 'B' word! Read More
Insurance, be it for your life, home or car, isn't a mere box that must be checked off your to-do list. Here are the five type of insurance covers you just can't do without, and why they're all critical decisions worth thinking through. Read More
Scammers are becoming more creative, but you can outsmart them by being cautious and identifying red flags. Find out how to keep your sensitive bank information safe from fraud attempts. Read More
Your home is more than just four walls and carefully picked out furniture – It is a sanctuary that provides safety and comfort. Find it how the right home insurance policy can safeguard your home against countless mishaps. Read More
Buying health insurance is more than just fulfilling a mandatory requirement. We take a look at the many benefits of choosing an adequate health insurance cover. Read More
Tired of scraping by and running your account balance to zero at the end of every month? Escape the paycheck-to-paycheck routine and make financial stability a reality for yourself and your family. We've got some ideas that can help you. Read More
Have you decided to turn 'Homeowner' in the UAE? It can be pretty daunting to figure out where and how to get started on your search for the perfect house. That's why we've created this first-time homebuyer's guide to help you get started. Read More
Getting nowhere with your budget? Are expenses, calculations or unsteady earnings overwhelming your budgeting skills? We've got the solutions to five of the most notorious budgeting problems, right here! Read More
Irrespective of whether you find driving at night an absolute pleasure, nuisance or necessity - You can't ignore the risks associated with it. We've rounded up some useful tips to make nighttime driving safer for you. Read More
No two people are the same, and neither are their financial situations, saving techniques or money goals. That's why you must choose a budgeting strategy based on your unique style and preferences. Souqalmal.com helps you find one that works for you. Read More
What if you could save hundreds of dirhams on your monthly groceries spend? With a little bit of careful planning and deal-scouting, you too can cut back on everyday grocery expenses. Here's how. Read More
As a proud car owner, you obviously want to keep your car in top shape. But you may be unwittingly putting your car at risk of damage if you ignore early warning signs. Here are five "Dont's" you should be aware of and avoid at all costs. Read More
The UAE Insurance Authority is all set to introduce new regulations that will make sale of life insurance policies and their fee structure more transparent. Here's what you need to know about the proposed changes. Read More
Are you an online shopping addict? Wouldn't you love to pay less for that shopping cart you just filled up? Here are seven smart ways you can save big bucks and score great deals online. Read More
Is your teenager heading off to college soon? Are they ready to face the financial realities of the world? These lessons about money will help prepare your child for what lies ahead. Read More
Ever wondered what self-made millionaires do differently? We reveal some of the lesser-known habits of successful people that have been instrumental in helping them build a fortune. Read More
Money is often sited as one of the biggest causes of conflict among married couples. Do you find yourself constantly arguing with your significant other about money? Here's how you can keep the financial peace in your marriage. Read More
Is the rising cost of living, mounting debts and everything in between keeping you up at night? Here's how you can tackle the most common money woes and restore your peace of mind. Read More
Disasters often strike without warning. If you're a tenant in the UAE, a home contents insurance plan should be on top of your list of must-haves. Here's why... Read More
Wondering what to do now that your outstanding debt has been rolled over to a debt collection agency? Here are some tips to help you deal with collection agents tactfully and get rid of your debts successfully. Read More
Requests for money, peer pressure to spend more... We've all faced sensitive and awkward financial situations. Here's a look at some situations when saying 'No' may be in your best interest. Read More
Have ashy dirt-smeared wheels left your car looking dull? The team at CarBook Magazine has shortlisted some easy DIY steps to keep your wheels looking good all year long. Read More
Looking to apply for a new loan? You don't have to settle for the first deal you come across. With a little bit of careful research and haggling skills, you can successfully bring down the interest rate and save big bucks in the long run. Read More
Do you consider yourself a safe driver? Most people think they're great drivers, but many are guilty of throwing caution to the wind without even realizing it. Find out if you are making these common driving mistakes while behind the wheel. Read More
Is your current lifestyle draining your savings and driving you towards debt? It might be time to make a big change. Find out how adopting a 'minimalist' lifestyle can help you minimize your financial problems. Read More
Thinking of starting the new year with a bang, and a brand new set of wheels? Here are a few tips to keep in mind before you set out to purchase your new car. Read More
A power of attorney can provide security and continuity to business transactions, medical directives, personal financial obligations and other legal matters. We highlight the scope and importance of this powerful legal instrument. Read More
To switch or not to switch, that's the question! Are you weighing the pros and cons of taking your car insurance relationship elsewhere? We help you decide whether the move will benefit you or end up costing you more. Read More
Would you consider taking a 100-day break from shopping? We explain why this isn't such a bad (or inconceivable) idea, especially if impulsive and unnecessary spending has made a huge dent in your savings. Read More
Basic health insurance in Dubai has received a major upgrade! The Essential Benefits Plan will now cover the cost of screening and treatment for three types of cancer and Hepatitis C. Read More
Looking to buy your first-ever car insurance policy? Instead of buying the first policy you come across, make sure you do your homework and make an informed decision that you won't regret. Read More
Have you made up your mind about closing your credit card account? Canceling a credit card takes more than just a pair of scissors. Here's a step-by-step guide to successfully ending a credit card relationship. Read More
Have you recently come into a lot of money thanks to a sizable inheritance? As tempting as it may be to splurge at this time, some careful and prudent planning can help build a financially secure future for your family. Read More
Do you feel like your performance at work warrants a pay hike? Asking for a raise doesn't have to be a daunting prospect. Find out how you can successfully ace the timing and approach and get those well-deserved extra dirhams. Read More
The holiday season is all about celebrating with family and friends. And even though budgeting may be the last thing you want to discuss at this time, it can ensure that the good times continue even after the party is over. Read More
The UAE Central Bank has just raised its key policy rate the fourth time this year. Souqalmal.com explains what this means for the average UAE resident's personal finances. Read More
As the dirham continues to gain strength over most Asian currencies, expats remitting money home rush to take advantage. Souqalmal.com analyzes the current currency trends and the future prospects of the dirham. Read More
Instances of identity theft are on the rise as we increasingly rely on our computers and mobile devices. Souqalmal.com explains the importance of exercising caution when dealing with personal financial information. Read More
Debt repayment is as much a psychological undertaking as it is a financial one. The 'Debt Snowflake' technique can help slowly chip away at your debt and keep you motivated. Find out how it can be a game changer for your finances. Read More
In an attempt to ensure better stability in the banking sector, stricter guidelines regarding issuance of cheque books have been handed out by the UAE Central Bank. We take a look at what these new regulations entail. Read More
Reviewing your credit report and credit score is now going to be easier than ever - You can now access these details through an app! Here's all you need to know about using the Credit Bureau's latest service. Read More
Most of us understand the importance of buying life insurance, but believe it or not, over 50% of UAE residents are still not covered! The Souqalmal team breaks down the how, what and why of life insurance... Read More
The newly launched VAT-refund scheme is great news for tourists planning to visit the UAE. If you too have friends or family visiting soon, here's all you need to know about how the tax refund system actually works. Read More
Are your trips to the car garage becoming more frequent? Are you thinking of replacing your car, but aren't sure if you can afford the switch? We've shortlisted some tips to help you decide. Read More
Digital-only banks, futuristic banking kiosks & lifestyle banking apps are changing our perception of traditional banking. And with the country's biggest banks embracing 'digital', the future of banking looks very exciting. Read More
Do you always leave the mall with more than you intended to buy, and a wallet that's lighter than you intended it to be? You're not alone! Find out what tactics retailers use to trick you into buying more. Read More
Worried about what to expect with your bank announcing its plans to merge? With a few simple steps and precautions, you can ensure the transition to the new banking entity is a smooth one. Read More
Heard the buzz around the new loan transfer regulations in the UAE? Here's a detailed account of all you need to know about the Central Bank's latest move, and how it affects existing and potential borrowers. Read More
We've all grown up hearing a bunch of quotes and sayings about money. If you thought these messages were simply cheesy, think again! Most of these sayings are actually great financial advice, and here's why. Read More
No credit cardholder is immune to credit card fraud. But a prompt response and clear understanding of how to dispute fraudulent transactions can save the day! Here's a step-by-step guide on how to handle credit card fraud in the UAE. Read More