The Financial Tech Magazine

DUBAI, UAE -- ( ARAB NEWSWIRE ) -- Customer needs are evolving; people now seek efficient, high-end banking services bundled with outstanding benefits and personalized solutions from their service providers. However, a basic banking account might not be able to satiate the evolving requirements of today's customers. With that in mind, Citi presents Citigold Premier Banking: A complete financial service and wealth management solution that caters to customers' varied financial requirements and lifestyle goals, offering an exclusive banking experience. Citigold Premier Banking also augments the  wealth management journey of the customers by   maximizing potential returns on their investments with personalized banking services, such as: A dedicated relationship manager and a team of financial experts Customized wealth-building strategies Onshore and offshore premier banking solutions Global investment opportunities In addition, Citigold Premier Banking clients are entitled to a

DUBAI, UAE - ( ARAB NEWSWIRE ) - Citi offers an impressive range of credit cards, each designed to provide benefits to fulfill specific customer needs. For example, frequent travelers may find the Citibank-Emirates Credit Cards advantageous, while customers looking to earn rewards or cashback on their everyday expenses may prefer Citibank's Rewards or Cashback Credit Cards. Those looking for Lifestyle & Reward Credit Cards that offer the flexibility to redeem benefits as deemed necessary may consider the Citi Prestige Credit Card and Citi Premier Credit Card. Selecting a suitable credit card from such a wide range of options can be daunting; to make the process manageable, prospective cardholders can assess their spending habits and preferences before shortlisting Citi Credit Cards. Comparing Different Citi Credit Cards Citi Credit Cards are classified into four categories: Emirates co-brand Credit Cards, Lifestyle & Reward Credit Cards, Cashback Credit Cards, and Basic Cr

DUBAI, UAE - ( ARAB NEWSWIRE ) - In a time when the market is highly volatile, most investors look for options where they can park their money with minimal risk but potentially favorable returns. Though savings accounts are the most common option for keeping money safe from market volatility, they might not reap satisfactory returns. In such scenarios, time deposits not only act as a comparatively less risky avenue for parking money but also offer potentially higher returns than a regular savings account.   Time Deposits  are financial instruments provided by banks and financial institutions wherein an investor puts in a sum of money for a fixed tenure at a prefixed Annual Percentage Rate (APR). Upon maturity, the investor receives the principal amount with the compounded interest earned. Hence, time deposits are considered lower-risk investment options as compared to stocks and bonds. This investment option is also moderately liquid and can be withdrawn within a reasonable time frame

DUBAI, UAE - ( ARAB NEWSWIRE ) - Debit and credit cards are widespread these days, and it is not difficult to find someone with at least one of them in possession. Debit and credit cards have similar features, like their 16-digit card numbers, expiry dates, magnetic strips, and the ability to make secure and convenient online and offline purchases. Despite their similarities, there are many significant differences between debit and credit cards that cardholders should understand to decide on their preferred payment method. Here are some reasons why one may prefer credit cards over debit cards:   Reasons to Choose Credit Cards Instead of Debit Cards   Flexible repayments: Credit cards allow cardholders to make the necessary purchases and defer payment until later. This feature of credit cards will enable cardholders to split their more significant expenses into easily manageable installments. Furthermore, with flexible repayments, customers can chalk out an effective budget and ensure

  GCCWeekly.com launches as the first news aggregator for GCC Countries                                   Reach millions in the MENA/GCC/Arab World . Dubai, UAE  --  ( ARAB NEWSWIRE ) -- With the launch of GCCWeekly.com, Arab Newswire, the leading press release distribution service to media in the Gulf Cooperation Council (GCC) countries, the Middle East, North Africa (MENA) and the Arab world,  adds GCCWeekly.com to its media list for news dissemination to the regions.  GCCWeekly.com , a new online platform that aggregates news from various sources and categories related to the Gulf Cooperation Council (GCC) countries, has officially launched. The platform aims to provide a comprehensive and convenient way for readers to stay updated on the latest developments and trends in the region. GCCWeekly.com collects news from reputable and diverse media outlets in the region and organizes it in succinct reading format. The platform covers topics such as politics, economy, business, culture, s

Chairman of BankPozitif's Board of Directors Erkan Kork INSTANBUL, Türkiye  -- ( ARAB NEWSWIRE ) -- Erkan KORK, a prominent figure among Türkiye's successful entrepreneurs, has unveiled a groundbreaking vision in the ever-evolving financial sector. He emphasized, "Every investment we make, every step we take is aimed at supporting our nation's economic and societal future." Erkan KORK, the newly appointed Chairman of BankPozitif's Board of Directors, stated, "Our vision for BankPozitif is to set new standards in financial services. With this investment, we are resolutely committed to elevating our country, Türkiye, to the summit of both local and global finance in its centenary year. With unwavering faith in the Turkish economy and a keen awareness of the potential within these lands, we are shaping the financial landscape of tomorrow today. Through innovative financial solutions, digital transformation initiatives, and our dedication to sustainable dev

DUBAI, UAE – ( ARAB NEWSWIRE ) -- Credit cards can be helpful financial tools for everyone. In particular, the Citi Rewards Credit Cards are designed for frequent shoppers as they offer multiple benefits when used for everyday purchases. From getting reward points to amazing deals and discounts at partner outlets, Citi Rewards Credit Cards are ideal for cardholders who shop, dine and travel frequently. With each eligible retail swipe, cardholders can get reward points which can then be redeemed for cash rebates, merchandise, gift vouchers, and travel-related spending. Citi offers three credit cards under their Rewards Credit Cards category, namely: Citi Prestige Credit Card Citi Premier Credit Card Citi Rewards Credit Card All these Rewards Credit Cards by Citi offer something exciting to their users and help them get rewarded for every eligible transaction.   Benefits of Using Citi Rewards Credit Card   Customers can make shopping more rewarding by getting the best Rewards Credit Car

DUBAI, UAE – ( ARAB NEWSWIRE ) -- Investing constitutes a crucial part of growing money and is done primarily to receive potential positive returns in the form of income or capital appreciation. The longer a person stays invested, the more likely they may get potentially higher returns which can help them fulfill their financial aspirations.   To help prospective customers invest, Citi offers various investment options in the UAE, including Mutual Funds, Fixed Income Securities, Structured Notes, ETFs, and Equities. In addition, Citi also offers  Market Analysis  with Investor Insights and the nitty-gritty of the financial ecosphere that will enable investors to build a potentially profitable investment strategy.     Investment Options Offered by Citi in the UAE   Investments can be a great way to put one's money to work and potentially build wealth. Here are some investment options in the UAE: 1. Mutual Funds Mutual funds are investment vehicles managed by professionals that pool

DUBAI, UAE – ( ARAB NEWSWIRE ) -- From paying for everyday purchases to getting some extra cash for financial emergencies, a credit card offers a convenient way to handle one's finances. Several types of credit cards are available on the market, but with so many options, narrowing down and choosing the most suitable credit card can sometimes be daunting. So, how can one choose a credit card that suits their needs? One way to do so is by analyzing their spending habits and lifestyle needs and knowing how they would want to use a credit card. Next, an individual may research and compare credit cards and choose the suitable one according to their spending needs.   How to Select the Best Credit Card in UAE Below is a checklist for selecting the most suitable credit card and some things an individual must keep in mind before applying for one:   1. Spending Habits If an individual frequently travels, choosing a travel credit card that offers benefits like free lounge access, discounts o

DUBAI, UAE – ( ARAB NEWSWIRE ) -- Lately, mutual funds have evolved as a potentially profitable investment option. Financial advisors consider it a well-diversified, tax-efficient way of growing money, especially for amateur investors. Fund managers professionally manage mutual funds by pooling money from investors and creating a fund with stocks that may yield potential good returns. This minimizes the need for investors to manage these investments actively.   What Is a Mutual Fund? A  mutual fund  is an investment option that pools multiple investors' money to purchase large portfolios of stocks, bonds, and other securities. The collective holdings of stocks, bonds, and other assets are known as the fund's portfolio. Mutual funds help investors diversify their investments by investing in a wide range of asset classes and securities so that they can minimize the risk to their portfolio even when the market fluctuates. Types of Mutual Funds  Typically, mutual funds in the UAE

DUBAI, UAE – ( ARAB NEWSWIRE ) -- In the dynamic world of finance, trading success depends on well-crafted strategies and a deep understanding of market intricacies. Preston Trading, led by the visionary Arif Patel , stands as a prominent player in the field. This article concisely overviews Preston Trading's diverse strategies, spotlighting their key features and market domains. About Preston Trading Preston Trading, under the astute leadership of Arif Patel, has emerged as a renowned name in the financial sector. With a legacy spanning several decades, the firm has continuously adapted to the ever-evolving financial landscape, consistently delivering substantial returns and risk management for its clients.   Image source : Arif Patel from Preston Trading   Strategies That Led To Growth 1.      Market Diversification For Risk Mitigation   A hallmark of Preston Trading's approach is its commitment to market diversification. The firm operates across various markets, including e