Spotlight

Is your morning cuppa joe becoming an expensive ritual to keep up with? Here are some handy hacks to help you cut down on your coffee expenses. Read More
Want to take the plunge and buy your own home in the UAE? Souqalmal explores how the home loan market in the country is shaping up right now. Read More
Can you trust insurance middlemen to give you impartial advice? Do they offer you the insurance policy that's right for you, or right for them? Souqalmal digs deeper to reveal exactly what it is that middlemen don't want you to know. Read More
Employers and CEOs have been calling me to ask for help.  To my surprise, it was not the usual call about digital marketing or insuretech that they needed help with, it was about helping their employees manage their finances.  The financial stress some of the employees were facing were... Read More
At some point or the other we all have pondered over where we are going wrong with our money. The search for the answer always boils down to making bad choices and excuses for not sticking to our budgets and financial plans. Here are some few real life stories,... Read More
While one in seven couple faces fertility problems in Europe, Dr Kayal believes however, the UAE shows rates of one in six couples facing issues in trying to start a family. Worldwide, 3% of babies born are through IVF treatment. Reasons behind a higher infertility rate in... 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
From the part 1 of this 2 part series, I spoke about how an expired credit card can be charged and the amount transferred to the new credit card. And all this without card owner’s consent. Read more Our team spoke to some of... Read More
Direct Billing anywhere in the world is a key - do you have enough funds to pay for medical care outside the UAE and wait for the insurance provider to pay you back? Read More
There are numerous ways to send money from the UAE - Bank transfers, exchange houses and online brokerages. Make sure you shop around to get the best deal. 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 not... Read More
Looking for ways to give back this Ramadan but also follow the COVID rules? Find out which projects and charities your can contribute towards across the UAE. Read More
Your credit card should not be used or charged if it is expired or blocked. We look into a few cases where it has happened and try to understand why banks in the UAE are allowing transactions on invalid cards... Read More
We summarized the regulations that govern your personal loan eligibility and the things you must do before submitting your loan application. 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
'The UAE opens up citizenship for expats' - The biggest headline of this year has already got expats excited! Souqalmal breaks down what the new law entails and how it will impact your future in the UAE. Read More
Do you regret having wasted your hard-earned money last year? We've shortlisted four simple and effective ways to help you manage your finances better in 2021... Read More
Moving overseas does not mean you leave your debt behind in the UAE. You take it with you. Souqalmal.com rounds up simple ways to help you manage your financial obligations from abroad. Read More
In a rush to become debt-free, are you unknowingly taking shortcuts? Certain 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
If you’ve ever wondered how the value of your car impacts your insurance quote, here’s a simple explanation... Read More
Do you know what can take your car insurance from HERO to ZERO? Overlooking its finer details before you sign up. We've gone through the small print extensively to reveal some of the most common limitations of car insurance policies. Read More
Souqalmal has launched a fast, straightforward and safe way of buying your insurance directly from insurance providers. We're putting you back in control and here's how... Read More
With Coronavirus related lay offs and salary cuts set to impact lives, how are banks stepping up to support customers? And what steps can you take to get back on your feet? Read More
Leaving the UAE? The process of moving out can be a rather complicated one. From cancelling your visa to sorting your financial affairs, here's everything you need to take care of to be able to exit the UAE with zero hassle. Read More
The Souqalmal team brings innovation to the insurance industry, with an aim to support residents reeling under the financial impact of the Covid-19 crisis Read More
Feeling the financial crunch? You're not alone. If you're looking for some financial respite, take a look at some of the most common monthly expenses that have the potential to turn into savings. Read More
This pandemic has blindsided everyone. And among the ones who are able to tide over these tough times, are those who had an emergency fund in place. Here's how you can use your emergency fund wisely and stretch it to last during the crisis. Read More
Are you aware that you may not have the first right over your End of Service Benefits? Your personal loan contract may give your bank the right to adjust your gratuity and final salary towards your outstanding loan. Read More
While the most stringent of Dubai's lockdown restrictions have been lifted, the Emirate's fight against the Coronavirus epidemic is far from over. Our team answers some of the biggest questions UAE residents have at the moment. Read More
Are you a homeowner looking for financial relief during these uncertain times? Mortgage refinance may be the solution you're looking for. Read More
Among a host of financial relief measures announced by banks in the UAE, there's some good news for first-time home buyers - You only need to put 20% down payment on your first property purchase. Read More
You're at home with the kids 24x7. How do you help them keep up with their learning, while retaining your own sanity? Our CEO (and mum to two kids) shares her tips... Read More
We’re a generation of customers that want things NOW. Food, cabs, entertainment… even credit cards! Instant approvals for credit cards are changing the game, here's how... Read More
Lack of a permanent future in the UAE has been the reason for many a sleepless nights for expats nearing retirement. It may be time to put that worry behind you. Read on to find out how. Read More
The UAE Cabinet has just passed a federal law that's going to protect struggling borrowers from jail time and prosecution. Here's all you need to know about the new financial insolvency law and what it means for you. Read More
The UAE Central Bank has announced new rules for home loans in the country. Find out what these changes mean for you. Read More
Just last month, the UAE Central Bank followed in the US Fed's footsteps to cut its key lending rate. How has this impacted borrowers and savers in the country? Here's a simple explanation of what this big move means for YOU. Read More
While there are hundreds of mobile apps that promise to make your life in Dubai easier, there are a select handful that are an absolute must-have. Here are our top picks. 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
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
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
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
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
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
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
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
There's a wide variety of borrowers who borrow for an even wider variety of reasons. But there's a common set of qualities that separate responsible borrowers from reckless ones. Do you fit the bill? Read More
UAE's most trusted insurance comparison website has now added 'Bike Insurance' to its ever-growing list of comparison services. Want to buy cheap bike insurance without compromising on the benefits? Look no further! Read More
With the UAE Central Bank increasing its key lending rate yet again, savers and borrowers are left wondering how this move will impact their finances in the near future. Souqalmal.com delves deeper into the subject. Read More
Call them what you may - Loan Sharks, Private Money Lenders, Unlicensed Lenders - These lenders-of-last-resort must be avoided like the plague. If you're struggling to free yourself from the clutches of a loan shark, here are some tips to help you out. Read More
Do you find yourself living paycheck-to-paycheck and barely ending the month with a positive bank balance? It's about time you had a 'financial intervention' and turned that cash deficit into a surplus. Read More
With international-curriculum schools in Dubai charging fees that are nothing less than a small fortune, a new school has come up with an offer that parents may find hard to resist. In an iconic move, Renaissance School is waiving first-term fees for founding parents! Read More
Want to upgrade your eyewear without burning a hole in your wallet? Whatever be your object of desire - Color contact lenses, Sunglasses, Eyeglasses, Prescription Lenses - eyewa, the largest online eyewear store in the Middle East, has just the offer for you! Read More
Can’t wait to rig up your yacht and head out on the pristine turquoise waters of the Gulf? But before you set sail, make sure your yacht is adequately insured. Read More
If you’re planning to set sail into the endless sea, keeping your yacht and its occupants safe would be your top concern. And so, getting the right yacht insurance cover is one aspect of yachting you just can’t ignore. Read More
A shout out to all the sailing enthusiasts out there! Before you brace yourself for the sailing season, it is essential that you carry out the maintenance work needed on your boat. Read More
Sailing season stirs up a lot of excitement among Dubai’s yachting community. But before you prepare to explore the azure, here are a few tips to get your beloved yacht ready to set sail. Read More
To make your insurance as straightforward as possible, complete clarification of the limitations and restrictions in your policy is necessary. Souqalmal.com lists the general exclusions in a Yacht Insurance policy. Read More
For an investment as huge and as treasured as your yacht, obtaining an insurance cover not only affords peace of mind, it makes perfect financial sense. Souqalmal.com helps stipulate the process and parameters of the policy you need based on you, your yacht and where you plan to sail.... Read More
Thinking of buying a Tesla? The elite fleet of automobiles is now available in the UAE for you to get your hands on. But before you do so follow this guide to learn all you need to know about buying a Tesla. Read More
A lot of time, money and effort goes into planning the perfect holiday, and to have it canceled or cut short at the last moment can be the worst feeling. But with travel insurance you can save thousands on travel expenses. Here's how. Read More
An end-to-end online customer journey, instant quotes, and a 20-minute time to policy - Souqalmal.com’s newly launched travel insurance aggregator has got it all. Read More
Myths about money can prompt you to make careless decisions, which in turn can jeopardize your financial stability. Our team has tried to debunk some of the most prevalent financial myths in this article. Make sure you steer clear of them in the future. Read More
Do you feel like you're always lagging behind your financial goals? Whatever be your end goal - Becoming debt-free, securing a comfortable retirement, or simply getting better at budgeting - These personal finance books, shortlisted by our team, will give you a great start. Read More
Want to plan your dream wedding, but have a tight budget to work with? Fret not! A bit of creative thinking can help you keep the cost of your wedding low, without compromising on the experience. Here are a few wedding planning tips that can help you stay on-budget. Read More
Being a new parent can be overwhelming, both emotionally and financially. The welfare of your little one becomes a priority and everything from healthcare to education requires careful planning. Consider these money management tips to help you take on (and ace) the role of a financially responsible parent. Read More
Does it make sense to concentrate on early debt settlement or risk investing, letting debt repayment run its course? Living paycheck to paycheck, you might find yourself caught in this financial dilemma. Souqalmal.com helps you figure out if there’s a right answer. Read More
Home maintenance can derail your finances, especially if you don't budget for unforeseen expenses. It's a good idea to set aside some money in case you have to deal with any repairs or damages in the future. Follow these 7 tips for on-budget home maintenance. Read More
Are you ready for the school season? With schools reopening soon, you may be feeling the financial stress that comes with the annual ritual of purchasing school supplies. Follow these tips to help you plan your budget for this back-to-school season. Read More
Have you been splurging this summer? When it comes to celebrations and festivities, sticking to a planned budget can be difficult. Why not follow these few tips to help you recover from a busted budget. Read More
Using your credit or debit card abroad? Beware of the conversion trap called 'Dynamic Currency Conversion'. We explain how it works and why paying in Dirhams could end up being a costly mistake for you. Read More
As Eid Al Adha arrives, families and friends will come together to share happiness and prosperity by exchanging gifts. But if you are still looking for the perfect gift for your loved ones, don't worry! These exciting gift ideas and offers will surely leave a lasting impression without burning... Read More
Budgeting is one of the smartest financial decisions you can make. But even the best devised budgets can have loopholes. Souqalmal.com rounds up the mistakes that can make all the difference between a great budget and one that may be a deal breaker. Read More
As a member of the exclusive Ferrari owners’ club, car insurance should be the most critical factor for you to consider. With such an elite vehicle at stake, ensuring you get the right level of cover is key. Souqalmal.com summarizes the best ways to obtain an insurance plan as... Read More
Thinking of renewing your car registration? With registration services online, car owners can now renew their car registration effortlessly and in a timely manner. Follow these simple steps to renew your registration without any struggles. Read More
Are you aware of all the traffic fines in Dubai? Traffic violations don't just put you and others in harm's way, but also translate into expensive penalties. Here's a round-up of some of the traffic fines you must remember to avoid while behind the wheel. Read More
Are you all packed for a new holiday destination? Travelling can be an exciting experience until you fall for travel scams that can deceive you, turning your vacation into a miserable one. Learn how you can avoid falling for these 5 travel scams. Read More
With the cost of car insurance premiums skyrocketing, you need a hands-on approach towards obtaining the cheapest, most suitable deal. Souqalmal.com summarizes 10 of the best ways to drive down the cost of your next car insurance premium. Read More
Can’t seem to wrap your head around your unusually high car insurance premium? Find out why your car insurance premium may be higher than others, and what you can do to remedy this. Read More
With low interest rates and the prospect of debt consolidation, balance transfer can prove to be a potential debt lifesaver. Souqalmal.com outlines how to use balance transfer to your best advantage. Read More
How tech-savvy online shoppers are looking beyond borders for the best deals. Read More
Dubai Airport Free Zone has revealed it's plans to create the world's first B2B smart commerce for businesses in the UAE. Read More
UAE residents can look forward to exciting sales in this year's Dubai Summer Surprises from June 22 to August 4. Read More
Banks across the UAE offer exclusive privileges to credit card holders and exciting deals on new credit card applications during Ramadan. Here is our pick of the top credit card deals on the market. Read More
Are you struggling with unsettled debts? Paying your debts requires persistent focus, motivation and determination.  But it can be overwhelming if you are trying to pay off your debts in one go and without a clear strategy. Here are 5 steps you can learn to successfully pay off your debt in no... Read More
The benefits of Air Miles just got better. You can now use your air miles to purchase property in the UAE. Read More
Are you thinking about investing your money and wondering if you should enlist the help of a financial advisor or try the DIY approach? Souqalmal.com team sheds light on the highs and lows of hiring a professional. Read More
Souqalmal’s 2018 bank satisfaction survey is a reflection of how pleased customers are with their banking experience. Here are the results! Read More
In a surprise announcement earlier this week, the UAE Cabinet approved the issuance of a 10 Year Residence Visa for specific professions. Read More
"No Claims Discount" can help you save big bucks on your car insurance premium. We elucidate how it works and how much you can save! Read More
Ignoring the details of your car insurance policy may not only lead to several financial disappointments but can also lead to... Read More
Ancillary options improve the basic coverage offered by car insurance policies. Souqalmal.com helps summarize five of the most lucrative car insurance add-ons. Read More
While you might have bargained for a good price to get a cheap car insurance, have you checked your policy for payments at the time of a claim? Read More
Landed a great price on your Car Insurance policy? Here's how you might have been misled and how your Car Value could be affected in the process. Read More
Heading into the desert on your favorite Off-Road route? You might want to check your Car Insurance policy... Read More
Flooding is not a common scene in the UAE but when it does happen during seasons...Do Insurance providers cover the damaged cars or not? Read More
Wondering if you need Home Contents insurance? Think about how you would cope if you lost your valuables due to a robbery or a fire. Read More
Many retailers, banks and telecom companies in the UAE offer deals on the iPhone X. We help summarize the different offerings in the UAE... Read More
How and when do Credit Card Interests get charged? Here's a simple summary on the interest calculated on Credit Cards. Read More