Two more banks increase their minimum salary rules.
Two of Dubai's largest banks have hiked the minimum salary required to get a personal loan amid the escalating financial crisis and growing concern over bad debt.
Emirates Bank International on Monday doubled the minimum monthly salary threshold to Dhs10,000 ($2,722) from Dhs5,000, citing the financial crisis.
Staff at the company, which is a subsidiary of the country’s largest bank by assets, Emirates NBD, said they had been told to process applications already in the pipeline, given that all the documentation required was provided.
Huge new beach district opening in Dubai on October 15
Meraas’ La Mer to bring 130 cafés, licensed restaurants, hotels and a water park to Jumeirah
Dubai Police self-service stations to open at Last Exit
One of Dubai’s most popular food stations now offers smart police services
Dubai launches fire-fighting drones
Drones to help with support and operations for tackling tower fires
Art & Culture
Avatar Cirque du Soleil show coming to Dubai
Huge theatrical spectacular at Dubai World Trade Centre in January 2018
Warwick Dec 23, 2008 05:30 pm
Put it this way, I'm currently holidaying in Verbier, Switzerland, we went to the famous Farinet bar for a few cocktails and i found it pretty cheap compared to Dubai, and this is one of the worlds most exculsive resorts premier bars!!