There’s good news for borrowers looking to settle their mortgage early.
The UAE’s Central Bank has announced that lenders can no longer charge a 3 per cent early settlement fee.
Going forward, banks can only claim 1 per cent of the outstanding mortgage amount or AED 10,000, whichever is less.
Chris Schutrups, Managing Director of Mortgage Finder, explains why it’s good news for consumers.
Customers who have already paid a higher fee are eligible for a refund from their bank, within 30 days.
Emirates offers flyers to Dubai unlimited free date changes
Passengers flying to Dubai through Emirates can now change their travel dates free of charge in an unlimited capacity under a new measure announced by the airline to offer greater flexibility.
US court rules Meta, other tech firms must face thousands of social media addiction lawsuits
A US appeals court has allowed thousands of lawsuits to move forward against Meta Platforms, Alphabet's Google, ByteDance's TikTok and Snap Inc's Snapchat on Monday over claims they designed their products to be addictive to young users.
US judge dismisses criminal case against Indian billionaire Adani
A US judge has dismissed criminal charges against Indian billionaire Gautam Adani on Monday, after the Justice Department said it had decided to abandon the fraud and bribery case.
Abu Dhabi and Dubai explore seamless parking integration
Q Mobility, Abu Dhabi’s leading public parking operator, and Parkin Company, Dubai’s largest provider of public parking facilities and services, have signed a Memorandum of Understanding to strengthen cooperation.
Global Village opens registration for F&B outlets
Global Village has opened registration for F&B businesses and enterprises to sign up for Season 31.
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UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
Does working from home kill productivity or can it benefit staff by giving them more flexibility and a better work/life balance?
Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?
Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!
