UAE to increase card fees for foreign transactions: Here’s how expats can avoid extra charges

From September 22, banks in UAE will increase international card usage fees. The new charge will be 3.14 percent. This impacts expats who frequently use their cards abroad. Higher charges are expected on online shopping and remittances. Options exist to reduce these costs. Consider multicurrency cards and direct bank transfers. A new payment system, Jaywan,…

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Who is Tejas Mundada, AIR 2 in CA Final September session? A look at his Chartered Accountancy journey

Hyderabad’s Tejas Mundada secured the second position nationwide in the CA Final exam with an impressive 82% score. His achievement is notable given the low pass rates, and he previously secured AIR 5 in the Intermediate exam. Mundada’s success highlights a blend of academic rigor, practical articleship experience at EY, and the strategic use of…

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Mid-cap SIP edge: 10-year investments deliver up to 17% annual returns, outperforming large-caps; here’s what experts say

Financial experts recommend a decade-long Systematic Investment Plan (SIP) in mid-cap mutual funds for substantial wealth creation. A study revealed mid-caps delivered an impressive 17.4% average annual return over 10 years, significantly outperforming large and small-cap funds. This segment offers moderate risk with high potential for double-digit returns, making it attractive for investors with a…

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