The National writes about UAE expats and offshore banking and all that you need to know. Here’s what Ambareen Musa, the founder of Souqalmal.com had to say.

There are more than 300 offshore accounts for UAE residents to choose from, according to the money comparison site Souqalmal.com. Some local banks offer accounts through their subsidiaries in various offshore jurisdictions. ADCB, for example, offers offshore banking services through its Jersey branch, giving you an option to save in US dollars, euros, British pounds, Australian and Canadian dollars, and other major currencies.

For the full article go to The National