With the Global financial markets in turmoil, finding a safe place to invest your money seems an impossibility. Not only has the bottom fallen out of the stock market but the traditional low risk investment of placing your money in a high street bank is also no longer a safe option. It is therefore great news for those people who do have money to invest, that the United Arab Emirates (UAE) Government has announced that it will guarantee all deposits and savings in all its National banks. This means that every penny of your cash that is held in a UAE Bank, including Dubai and Ras Al Kahimah, will be protected by the UAE Government. |
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