List of commercial bank in Nepal, A class

Commercial banks are A-Class financial institutions in Nepal which are the main driving force of the business activities. As they have more authority from the central bank to engage deeply into the financial activities they provide broader arrays of financial services to the individuals and institutions. All types of financial institutions are regulated by the Central Bank including the list of commercial bank in Nepal that we have provided below;

Although 3 dozen commercial banks established in the country now only 27 have remained, because, the big merger had occurred a result of the central bank policy. We have published here the latest list of commercial banks in Nepal.

Main Roles and function of commercial bank in Nepal

  1.  Accept deposits or mobilize deposits through various financial instruments and make payment with or without interest.
  2. Accepting deposits, making payments, having transactions, carry on intermediary services and transfer funds through various electronic instruments or devices,
  3.  lend loans including hire-purchase, leasing, housing, and overdrafts.
  4. To lend loans on the guarantee of a foreign bank or financial institution,
  5.  supply or managing loans from the amount received from the Government of Nepal or other native or foreign agency for the promotion of a project,
  6.  Write-off credits subject to the prevailing credits write-off Bylaws,
  7. Issue shares, debenture, debenture bond purpose of meeting capital.
  8. The issue, accept, pay, discount or purchase and sell letters of credit, bills of exchange, promissory notes, cheques, traveler’s cheques, drafts as well as other financial instruments,
  9.  The issue, accept and manage digital card or other instruments for electronic transactions and appointing agents for carrying out acts relating thereto,
  10.  Carry out foreign exchange business subject to the prevailing laws,
  11. Carry on government transactions subject to the limits, terms and conditions or direction of the Rastra Bank,
  12. Purchase, sell or accept treasury bills issued by Government of Nepal or bonds issued by the Rastra Bank,
  13.  Take responsibility for and arranging for the sale or purchase of shares, debentures or securities; collecting interest, dividends, etc.
  14. Earning from shares, debentures or securities; remitting or transmitting such interests or dividends to places within or outside Nepal.
  15. Arranging safe deposit vaults for customers acting as a commission agent of its customers,
  16. To carry on off-balance-sheet transactions,
  17. Buy and sell gold and silver bullions,
  18. Manage properly or sell its assets of every type to come under its own according to this Act and the prevailing laws,
  19. To perform other functions as may be prescribed by the Rastra Bank

list of commercial bank in Nepal. 

[table id=10 /]

You may interest;

List of development banks in Nepal

List of finance companies in Nepal.

Top Investment banks in UAE and Dubai.

Investment banking is not similar to conventional banking where the bank offers deposit and loan options to the customers. An organization that provides investment banking services, it arranges or finds, the capital for the other organizations that have subscribed to its services. If any company wants to fund or sell bonds or stocks the investment banks in UAE find the potential investor for them.

There are only a few financial institutions registered as an investment bank, but many of the commercial banks in the UAE provide investment services through a separate department.

The Union law (10)-1980 has defined an investment bank as a bank that does not accept deposits whose maturities are less than two years but may borrow from its head office, from local or foreign banks, or from financial markets.

The majority of foreign banks in the UAE provide investment and asset management services. Here is a list of the best investment banks in the United Arab Emirates.

Investment Banks in the UAE

  1. Morgan Stanley Co International;

It is an American multinational investment bank that has a business footprint for every developed or developing country that has a large financial market. The primary businesses of the organization are institutional securities, wealth management, and investment management.

In the United Arab Emirates, the bank has been providing the service since the establishment of its branch, including;

  • capital raising and financial advisory services
  • mergers and acquisitions advisory,
  • restructurings,
  • real estate,
  • project finance,
  • corporate lending.

It is one of the best foreign investment banks in the UAE and well established in the world.

2. HSBC Financial Services;

It is also another international bank that provides investment banking services in the UAE. The UK-based bank has provided both services to conventional banking and investment banking to the customers.

In the investment sector, it works with both party investors and fund seekers. HSBC offers the customer to select the option of internationally bound from Asia, the Eurozone, and the US. Those who are UAE residents have the opportunity to access the International Fund. Including equities, bonds, and special sector funds.

  1. Asset management
  2. Wealth planning
  3.  Lending
  4. Investment and
  5. Daily Banking

4. Noor Capital

It is an entity approved by the central bank of the United Arab Emirates to operate investment and advisory services in the financial sector. The company has registered with the Abu Dhabi Department of Economic Development and has been providing specialized services to the customer.

Noor capital provides the broader array of the services except the investment services some of them are;

  • Financial advisory
  • Investment
  • Fund administration
  • online forex trading platform

The investor may get the opportunities to invest in the products owned by the Noor capital or the third party.

5. Allied Investment Partners

The company was established in 2007 after obtaining the operating license from the central bank of the UAE. Although the company does not have many years of experience in the financial sector, highly qualified experts have contributed to the company as well as to the growth of the customer’s investment.

Services;

  • Asset management
  • Investment advisory
  • Wealth management
  • security and corporate advisory

6. Rasmala 

The company was founded in 1999 as an independent investment management manager. Initially, it was operated in the Gulf region, but now its geographic business footprint has reached the advanced financial market in the world, including London.

Rasmala provides a range of investment options to UAE residents in the world’s largest financial market. The services it offers are higher and the outstanding revenue generates to the customer.

7.SHUAA Capital

It is a UAE based old investment and wealth management company that was established in 1979 in the UAE, the headquarters of the firm is in Dubai. SHUAA has worked in the Gulf region to get the investment fund out of the foreign market and to allow the gulf resident to invest in the world market.

The company offers investors, products, and services with value-added advice and It is a pioneer in the field of exceptional product offering and excellence in financial services, in particular asset management and SME financing.

Services;

  • Investment Banking
  • Capital Markets
  • Lending
  • Asset Management
  • Corporate manages

8. EnTrustPermal Investment 

It is a London based investment management company that has an office in Dubai. EnTrust Global offers the broader ranges of investment options to the institutions and individuals. The firm provides investment and advisory services including; More

  • co-investments,
  • private debt and real assets,
  • multi-asset and
  • multi-strategy portfolios

9. Palma Capital Limited

The company founded in 2009 in the Dubai international financial center (DIFC). The company offers corporate financial advisory and investment Opportunites, especially in the local market.

It allows investors to find the investment alternative and to finance the necessary companies.

Conclusion;

As I said previously many commercial banks in the UAE offer investment banking services, however, these above financial institutions are the best and top investment banks in UAE and well known from the general public.

Full list of development bank in Nepal by today

The Central Bank has rated the development bank in Nepal as the B-Class bank. The national ranking of the financial institution is second following the commercial banks.

Opening the development bank was easy, as the government thought that more financial institutions would allow all kinds of people to access financial services. Under this initiative, Many development banks were established and approved by the central bank.

That concept brings weakness to the financial markets. It was difficult for the central bank to regulate them, because of, many financial institutions in the market.

Therefore, on the one hand, the government introduced the merger policy. And, on the other hand, increased the paid-up capital.

Result for that, several banks merged with commercial banks and some merged with the finance companies to meet the government requirement. By mid-April 2020, only 23 development banks have remained and the number will fall in the future.

Although 1 year has passed since the NRB raised the paid-up capital, many development banks have not met the requirements of the central bank.

There are three types of development banks in Nepal depending on their paid-up capital and area of operations.

  • 1- 3 districts operation
  • 4- 10 districts operation
  • nationwide operation.

The present requirement of paid-up capital for the development bank is NRs.500 million, 1.2 billion, and 2.5 billion respectively. Despite, the categorization they provide similar services.

commercial banks in Nepal

The functional area of a development bank in Nepal

list of a development bank in Nepal

[table id=9 /]

Development banks in Nepal give their customers a high interest in deposits and they also have a high interest in their loan products. Most of the development banks provide the modern banking including, ATM, mobile banking, and internet banking.

However, the B-Class banks in Nepal run with a high-profit margin they have no choice without merging with other financial institutions to meet the government requirement of paid of Capital or raise the fund internally for paid of Capital.

Full list of Active Finance Company In Nepal,

The central bank of Nepal has divided the financial institutions into 4 categories depending on their paid-up capital and other financial responsibilities. The finance company in Nepal is categorized as a “C” class financial institution following a development bank.

The categories of Financial institutions in Nepal

  1. A-Class (Commercial Banks)
  2. B-Class (Development banks)
  3. C-Class (Finance company)
  4. D-Class (Micro Finance company)

What types of financial transactions are carried out by a finance company in Nepal?

  1. Disburse credit for hire-purchase, leasing and housing loans,
  2.  Make arrangements for jointly disbursing credits on the basis of consortium financing in collaboration with other banks or financial institutions. However, the mutual agreement requires the division of the collateral.
  3.  Accept loans having mortgaged its movable and immovable assets,
  4.  properly manage its assets, sell or rent as well as lease them out,
  5.  the issue, accept, make a payment, discount or purchase and sell, such as bills of exchange,  promissory notes, cheques, traveler’s cheques, in addition to other financial instruments,
  6. Carry on the transaction of foreign currencies by obtaining approval
    from the Rastra Bank,
  7. Disbursement of the loan to any person, firm, company, or institution.
  8. Financing motor vehicles, machinery, tools, equipment, durable household goods or similar other movable property,
  9.  provide leasing finance to any person, firm, company, or institution to hire vehicles, machines, tools or instruments, household durable goods, or similar types of movable assets.
  10. Issuing guarantees for their customers to execute bonds, for buying movable or immovable properties as collateral or on a mortgage.
  11. Sell off or leasing out whole or part of its assets
  12. Prescribe prices of goods on consent with the finance company and seller in case any goods procured to sell to another purchaser on the current price or deferred price.
  13.  Carry out other functions as the prescription of the Rastra Bank.

Although there were over 100 financial companies participating in Nepal’s financial market, the number of finance companies has decreased in the last five years, because, the majority of those have already merged with a commercial bank in Nepal.

Since the NRB increased the paid-up capital for all types of financial institutions in Nepal that forced the C-class Finance to merge with another bank or financial institution.

List of the Finance Companies In Nepal

[table id=11 /]

How does Remitly Nepal Pay your money?

I have been doing the remittance business in Nepal for the last 15 years. There were only a few international companies that could send money. As I recall 15 years ago, it took at least two days, and sometimes even a week, to pay money to the beneficiary. Now, those days have over, the rapid development of the technology and remittance business now the money can deliver within a minute. Today, in this post, I would like to tell you how the Remitly Nepal pays the money even if it doesn’t have an office in this country.

Is the Remitly Nepal registered company in Nepal?

No, it is an international cross-border money transfer company that is not registered with the Central Bank of Nepal. There are no international money transfer companies that have been authorized to do independent business here in Nepal unless they have partnered with the local company. It is the policy of the Nepalese government.

How is Remitly working in Nepal?

It is common in remittance business in Nepal, not all local remittance companies that can set up an office abroad where NRNs work and stay. Similarly not all the foreign remit companies can establish offices in Nepal, because, it could be a high cost for them. To reduce their operating costs, most of the companies they work as partners, including Remitly Inc.

Remitly inc is the partner with Nepal remit, which is registered as a remittance company with the central bank of Nepal. Although Nepal remit is a new company it has 2831 payout locations including agents across the country.

Nepal remit international Pvt. Ltd has been working extensively with international and national partners for the inward remittances. Most of the domestic banks are the partner of the Nepal remit so, the recipient can pick up cash from the bank branches or the agent offices.

There are 1000 agents in the Kathmandu valley of Nepal remit who pays out the cash that comes through Remitly Nepal and the following banks’ branches also payout in cash or into the bank account across the country.

The commercial and development bank that pays out Remitly remittance.

  1. Bank of Kathmandu Ltd
  2. Century Commercial Bank Ltd.
  3. Citizens Bank
  4. Gandaki Bikas Bank
  5. Global IME Bank Ltd
  6. Jyoti Bikash Bank
  7. Kamana Sewa Bikash Bank Ltd
  8. Kumari Bank Ltd.
  9. Kumari Bank Ltd.
  10. Mahalaxmi Bikas Bank Ltd
  11. Mega Bank
  12. Nepal Credit and Commerce Bank
  13. NIC Asia Bank
  14. Prabhu Bank
  15. Sanima Bank
  16. Shangrila Development Bank

These above banks have the branches in almost all districts, so, there is no place where the Remitly fund will not be paid. If you want to search the nearest agent in your district then click here.

How can you send money through Remitly?

If Remitly is available in your country for sending money you need to register as the user and there are two way you can choose one of them;

  1. Pay with debit or credit cards.
  2. Pay with your bank account.

How long does it take to deliver money in Nepal?

Usually instantly, unless there is a problem with clearing the fund from your account or credit/debit card to the Remitly account. From my experience, the fund will be available in Nepal the next day if there is no holiday in the sender country and Nepal.

Why should you send money from Remitly Nepal?

Every remittance company has determined its own exchange rate and service charge. The Remitly exchange rate is competitive and sending charge also low as well as AHC (automated clearing House) facilitated charge.

If you want to check Remitly to Nepal. exchange rate clicks here.

You may interest more topics

Best Insurance Company in Nepal all time

There are life insurance and non-life insurance companies in Nepal. 50 percent of the companies are new, and a handful of international insurance companies have involved in the Nepal insurance market. Although the insurance market is very tough some best insurance company in Nepal are doing very well as we analyze their financial data their profit has been dramatically rising since the last 10years.

The first challenge for the top insurance company in Nepal is that many Nepalese people live below the poverty line and have no access to private insurance.

Another problem for insurance companies in Nepal is that people usually do not know about insurance benefits, even if they have the capacity to pay the premium not willing to insurer themselves.

On the other hand, non-life insurance companies also have a similar fate, people only insured their vehicles even though companies offer many options, including house insurance, business insurance, etc.

The Nepal Insurance Board is the regulatory body that proposes, tabulates, and enforces insurance policies for all insurance companies. Only the old company managed to hit the top insurance company in Nepal.

Best Insurance company in Nepal

  1. Nepal life insurance;

It was established as a public limited company by private investors in 2001. At the end of the fiscal year 2018/19, the company’s paid-up capital is Rs.549.61 Crore, which issued 11,10,688 conventional policies and 15,15,769 foreign expatriate policies. The company offers the highest premium rate to the insured, NPR 62–82 per 1,000 per year announced at the General Assembly in 2019.

Contract Information

Nepal Life Insurance Company Limited
Address: Heritage Plaza-1, 2nd Floor
Another Address: Kamaladi, Kathmandu
G.P.O.Box. No:11030
E-Mail: [email protected]
Telephone :01-4169082, 01-4169083, 01-4169085
Fax:01-4169079
Website

2. National life;

It is one of the oldest and leading insurance companies in Nepal, established in A.D 1998 in accordance with the Nepal Company Act 1964 and the Insurance Act 1968.

As the old one is gold, the firm has made a reputation as a company with higher approval rates from the general public. According to the 2019 report, the company’s paid-up capital is Rs.3082 million, and the bonus rate for the insurer is 61-80 per thousand annually.

Contact information

NATIONAL LIFE INSURANCE COMPANY LIMITED
P.O. Box: 4332, Lazimpat, Kathmandu, Nepal.
Tel: 977-1-4414799, 4416556, 4414803, 4435636;
Fax: 977-1-4435633
Email: [email protected];
Website

3. Rashtriya Bima Sansthan

It was also the oldest insurance company in Nepal that was established in A.D in 1967. The company is close to meeting the Nepal government’s requirement for paid-up capital for a private insurance company in Nepal. According to their third-quarter audit of fiscal year Bs. 2076/77, the capital paid-up is Rs. 1,81,000,000. It’s a new bonus rate of 65 to 82 per thousand per year.

Contact Information;

Ramshahpath, Kathmandu
Phone: +977-01-4262520
Email: [email protected]
Website

4. Prime life insurance;

It is one of the leading insurance companies in Nepal where the general public owns its 70 percent share and the promoter retains 30 percent share. Although the company was founded in 2007, it has a fast-growing history of 13 years. The main promoter of this company is Kumari Bank, Wich is an A-level bank in Nepal.

Fiscal year Bs. 2076/77 in the third quarter. Its paid-up capital is Rs. 1,784,835,000 and is still lower than the government requirement.

Contact Information; 

Hattisar, Kathmandu
P. Box 25979
00977-1-4441414
[email protected]
Website

5. Life Insurance corporation Nepal

Shortly knows as LIC which established in 2001 joined venture between the Vishal group of Nepal and Life Insurance Corporation of India. 55% share has hold by the L.I.C India, 25% Vishal Group and 20% from the General public.

The company bonus rate has remained between 66 to 80 per thousand annually in 2019. Although it is an international Indian company that has been presented in many countries, it comes No. 4 in terms of its risk-taking capacity in Nepal. Its paid-up capital ended in RS. 1,334,677,500 for fiscal year Bs. 2075/76 in Nepal.

Contact Information;

Po Box No: 21905, Kathmandu
Fax: 01-4012615
Email: [email protected]
Phone : 01-4012613, 01-4012614
Website

6. Asian Life Insurance;

Asian Life Insurance Company has set up A.D. 27 February 2008 after obtaining Beema Samiti’s operating license in accordance with the Insurance Act A.D.1993 (Insurance Regulatory Authority of Nepal).

70 percent of the company’s share has been won by the promoters and 30 percent by the general public. According to the 3rd quarterly report of fiscal year 2076/77, its paid-up capital amounts to Rs. 1,256,725,740. The company has operated the 35 branches across the country.

Contact Infomation;

Kathmandu Ma.Na.Pa Ward No 30, Maitidevi
Phone +977-1-4410115 | +977-1-4430270
Email: [email protected]
Website

7. American Life Insurance company (MetLife)

The company is the first international Life insurance company in Nepal, founded in 1868 under the name of MetLife inc. It is now the leader of all types of insurance, including life insurance, non-life insurance, and health insurance. It presents the business footprint of more than 50 countries around the world.

The company opened its subsidiary office in 2001 in Nepal after getting an operating license from the NIB (Nepal Insurance Board). Currently, it has been providing life and non-life insurance services to customers.

As the first foreign company in Nepal, coming from a mature insurance market, it has been gaining momentum since the start of business in Nepal. Currently, the MetLife Nepal Bonus Rate is 66 to 80 per 1,000 rupees.

Contact information

Metlife Alico,
Nepal Plaza, Tridevi Sadak, Kathmandu 44600
Phone: 01-6214743
Website

8. Surya life insurance

The company was founded in A.D. 2000 under insurance act bs. 2049 and the company act bs. 2063 as a privates insurance company in Nepal. 70 percent of the share is held by promoters and 30 percent is owned by the general public.

The authorized capital of the company ended NRs 300 crore and paid-up capital Rs. 1,131,900,000 for the financial year bs. 2076/77. Its bonus rate for the insurer is 38 to 73 per thousand annually.

Contact Information;

Sano Gaucharan, Kathmandu, Nepal
Phone: 01-4423743
Fax: 01-4419565
Email: [email protected]
Website

9. Guras Life Insurance;

Gurans Life Insurance Company was founded in A.D. 2008 as a privately-owned organization. Dugar Group and Sunrise Bank Ltd are the main promoters of this firm and only 30% of shares have provided to the general public. Total shareholders of this company are 26,000 and paid for capital in the financial year of Bs. 2075/76 is 594,000,000. The bonus rate for the insurer is 51 to 87 per thousand annually.

Contact Information;

Gurans Life Insurance Company Ltd.
Shree Raj Bhawan, Tinkune,
Kathmandu, Nepal
Toll-Free:1660-01-44400
Hunting Line: 01-5199310
Fax: 01-5199061
Email.:[email protected]
Website

10. Union life insurance company;

It is one of the new companies that has entered the insurance market in Nepal along with nine other new companies. Most of the new companies came into the market with Rs. 1,400,000,000 paid-up capital but In the third quarter of the fiscal year 2076/77, the paid-up capital is RS. 1,505,000,000 which is higher than other new insurance companies in the market.

The company share has subscribed by the very largest business group in Nepal including Jagadamba Group, Golchha Group, Gadiya Group, Naupane Group, Rajesh hardware & Tibrewala Group. 70% of the share is owned by the promoter and 30% by the general public.

Contact Information;

New Baneshwar, Kathmandu
Phone: 01-4784758,01-4786225,
Toll-Free: 1660-01-05555
Email: [email protected]
Website

Conclusion;

On the list of the best insurance company in Nepal has been chosen base on various factors such as company age, paid-up capital, bonus rate, total release policies, and profit of the organization. Although the new companies have higher paid-up capital then the older they have low reserved funds and bonuses.

The full list of the Insurance companies in Nepal

Nepal is a developing nation with a potentially booming market for insurance firms. People’s view on life and their property insurance was changed after the devastating earthquake of 2015, and more and more lives were lost as a result of the accident in the last 10 years. The insurance companies in Nepal have been operating by the renowned business group and some portion of share has owned by the general public.

How many insurance companies are in Nepal?

There are 19 life and 20 nonlife insurance companies in Nepal most of them with a higher margin. Although there is one reinsurance company, most of the companies have re-insured with international companies in Nepal.

Insurance has become a significant factor in Nepal today, because geographically and poorly built national infrastructure, including; highways, bridges, and overseas jobs cause a higher rate of accidental death.

Another factor that has played an important role in the vertical increase in the insurance business in Nepal is people’s lives stander and, generally, more people are aware of insurance now, than the past.

Although the Nepalese government raised the paid-up capital for the old and newly registered companies, it did not restrict the new companies from entering the insurance market. As a result, there are ten new insurance companies in Nepal and the number of life insurance companies has risen from 9 to 19.

Nepal Bima Samiti (Nepal Insurance Board) is the government regulatory body for insurance companies responsible for licensing the companies, regulating the policies, and taking action against companies that do not comply with the regulations on the operation.

life insurance company in Nepal

[table id=6 /]

Non Life insurance companies.

[table id=7 /]

Reinsurance company in Nepal.

Nepal Re-Insurance Company Limited

What types of policies are offered in Nepal?

Although the policies are depending on the companies most of them provide the following insurance packages to the insurers.

Nepal is the country in which the economy has heavily dependent on foreign remittance. Now it is mandatory if anyone goes for the foreign employee must have done the insurance in Nepal.

Popular policies;

  1. Endowment policies
  2. Money-back policies
  3. Endowment and whole life
  4. Microinsurance
  5. Fire / Property Insurance
  6. Motor / Vehicle Insurance
  7. Marine Insurance
  8. Engineering Insurance
  9. Aviation Insurance
  10. Personal Accident Insurance
  11. Group Personal Accident Insurance
  12. Medical Insurance
  13. Money Insurance
  14. Travel Medical Insurance

How to invest in insurance companies in Nepal?

If you overview the Nepal stock exchange the share of the Ins. companies are relatively higher than other institutions, because, people belives it, the investment will bring the fruit.

There are two types of markets where you can invest or purchase the share of the ins. companies in Nepal

  1. Primary and
  2. secondary.

Both markets are very tough for buying the share of ins. firms because most people want to hold their share for a long time.

emirates id status check online 2020

Whether you are an expatriate resident of UAE or Emiratis both need to obtain the emirates id to stay in this country. As many government services in the United Arab Emirates are available online, getting Emirate ID status through the web is not difficult. Therefore I am writing this post to help you with emirates id status check online.

If you are new to the Emirate ID, it is important that you know about it, before, checking your ID card status online. Just give a couple of minutes to read this post because I have described the general concept and features of the Emirates ID.

What is emirates ID and why it is important?

It is an identity of the UAE national and UAE residents issued from the Federal Authority for Identity and Citizenship. It is a legal requirement for the residence of the UAE and local to have an ID and carry with them all the time. In another word, we can say it is the citizenship of the UAE residents.

The card is very important for both ex-pats and local residents, because every service you want to use, whether private or government, requires it. Some examples; where the emirates id is used as follows;

  • to get government services
  • To use the voting rights for the federal national council
  • UAE citizen can use this ID to travel GCC without the Visa
  • It works as a document to pass immigration checkpoint in the international airport and land border point in the UAE.
  • To open the bank account and apply for a bank loan in the UAE.
  • To obtain a business license and establish a business.

Some features and benefits of Emirates Id

  • A biometric smart card
  • chip-based card
  • Small chips but high storage capacity up to 32 thousand letters of information can be saved.
  • It can use as the digital signature and authentication of certificate.
  • It can use widely in the e-channel and e-services.
  • Identity of the UAE
  • Protect your identity theft and fraud.
  •  Can print according to your visa.
  • Non repeated identity number, consist of 15 digits.
  • ID status can check online.

emirates id status check;

If you want to check your id card status online then follow the following guidelines which help you to understand the whole process;

STEP 1: Visit the federal identity and citizenship ministry’s official website and scroll down until you find the  Related eServices click check id card status. To make you easy I have provided the links hereunder click link 5.

  1. Apply for a new ID card
  2. Renew citizen ID Card
  3. Renew Expat ID Card
  4. Customer guide to using the eForm
  5. Check Emirates ID card status
  6. Apply for exemption from delay fees

emirates-id-status-check

Step 2: If your application is for a new emirate id, enter the PRAN (Person Application Number) you can find it on your visa application form.

If you have the emirate ID, even if it has expired, enter the Id number and click Check.

Emirates-ind-status

How long does it take to receive the emirate id?

Printing an ID normally takes 2 to 3 weeks, unless you apply urgently, which may cost extra and printing within a week.

It is equally important that you check the status of your UAE visa along with the status of the Emirate Id. Therefore, click this link to check the UAE visa through your passport number.

Please note: This service is not widely available outside the UAE. When you click on the above option, if you do not access the page, you think this service is not allowed in your country.

Conclusion;

Emirates ID is the vital document for the both UAE national and expatriates resident in this country cause it requires everywhere whether you are dealing with privates or government organization. To check your emirates id you must have the existing ID or the personal application number. The status of the Emirates ID will be retrieved only after you enter the 15 digits Id code.

You may interested?

How to get labour contract UAE information online?

It is a common scenario for individuals who are looking for a job they accept a job offer letter and sign a labour contract UAE hastily without reading and understanding the terms.

Unfortunately, this can lead to exploitation and dissatisfaction later when the terms and conditions mentioned in the contract are apparent. I am writing this post to obtain the labor contract UAE information online.

Reviewing and understanding your employment contract before signing is crucial. According to UAE labor law, the employment contract should be provided in English and the employee’s mother tongue.

If the contract does not have a translated copy in your native language, you should request one from the employer.

A labour contract is a legally binding document signed between the employer and the employee, typically issued by the UAE Ministry of Labor. The representative of the company signs on one side, and the employee signs on the other

This document serves not only as a piece of paper but also contains broader terms and conditions that both the employer and the employee need to adhere it. The contract consists of various obligations including;

  1. Your salary
  2. Overtime provision
  3. Contract termination condition
  4. Contract period
  5. Vacation
  6. Accommodation
  7. transportation
  8. Health care provision
  9. Contract violation conditions
  10. And more

If you sign a labour contract in UAE, you can not conduct it out of it, and if the employer also fails to do so, it is considered a breach of the contract, and any party that violates the contract will face the consequences.

Once a contract is signed, both parties the employer and employees are bound by its terms, and any attempt to violate or breach it carries consequences.

Breaching a contract is a serious matter that may lead to legal “Consequences.”. Adhering to the terms and conditions is crucial for maintaining contractual integrity.

If you think the employer has breached the contract and wants to complain to the Ministry Of Human Resource and Emiratisation (MOHRE) first check your contract with what has been signed between you and your employer.

If you believe that your employer has violated the employment contract and you intend to file a complaint with the Ministry of Human Resources and Emiratisation (MOHRE) in the UAE.

It is crucial to carefully review the terms and conditions outlined in your contract. Ensure that you have a clear understanding of the agreed-upon terms, including job responsibilities, working hours, compensation, and any other pertinent details.

Difference between labour card and contract

The labor contract and the labor card in the UAE serve different purposes but are closely connected.

  • The labor contract is a legally binding document signed by both the employer and employee before the employee begins work.
  • A labor contract outlines the rights, responsibilities, and obligations of both parties and acts as the primary legal framework for employment.
  • Once the labor contract has signed, the Ministry of Human Resources and Emiratisation (MOHRE) issues the labor card.
  • A labor card serves as official proof that you are authorized to work for your current employer. It also validates your employment and can be presented to authorities to verify your work status.
  • The labor card contains limited information, such as the employer’s name, the nature of work, and the employee’s basic details.
  • The labor contract details the full legal agreement between the employer and employee, the labor card is a streamlined representation of your employment status.

How to check your UAE labour contract online?

To view your labour contract in the UAE, follow these simple steps using the MOHRE (Ministry of Human Resources and Emiratisation) website:

  1. Visit the MOHRE Website: Click here to access the official MOHRE website and ensure you’re on the correct page.
  2. Navigate to Inquiry Services: On the main menu, go to the “Services section“. From the dropdown menu, select “New Inquiry Services” and click on it.
  3. Access the Contract Section: Once you click, a new tab will open. Look for the option labeled “View Approved Contract” from the dropdown list and click it.

UAE labour contract check online

4. Open the Contract Page: You’ll be directed to a new page. The interface of the page looks similar to the image provided below.

uae_labour_contract_

5. Choose Employment Contracts: Under the Employment Offers and Contracts section, select the service titled Work Permit with a Job Offer.

6. Scroll to View My Contract: Scroll down the page until you find the option labeled View My Contract.

7. Enter Your Details: Fill out the required fields with the following information:

  • Transaction Number
  • Passport Number
  • Nationality
  • Date of Birth
  • CAPTCHA Code
  • View Your Contract

After entering the details, click View My Contract to access the full contract information you signed with your employer.

By following these steps and providing the correct information, you will be able to retrieve and review your labour contract details online quickly and easily.

After you sign the labour contract, the employer submits it to the ministry. The ministry uploads the contract into their database, allowing your request to retrieve it directly.

Conclusion

Checking the labor card and the labor contract in the UAE involves a similar process, but checking the labor card provides information specific to the card, and the labor contract offers comprehensive details about the employment agreement.

top 10 universities in dubai with world class education.

3

Dubai City is not only a center for business in the Middle East, but also a hub for international universities’ branches, schools, and campuses. There are 31 universities registered with the Ministry of Education and hundreds of their campuses have spread across Dubai. Here in this post, we ‘re going to talk about the top 10 universities in Dubai.

International students can pursue world-class higher education through foreign universities, and university-accredited curricula will be taught.

Comparison of the other developed countries, studying in Dubai is less expensive and the degree is internationally recognized.

Although Dubai Knowledge Park and Dubai international academic city (DIAC) are the hubs of the national and international universities, other leading universities in Dubai also spread across the City.

Most of the top 10 universities in Dubai provide various courses and some short term executives training to the regular students and distance learner.

Top 10 universities in Dubai. 

1. UNIVERSITY OF DUBAI

It is the first private university in Dubai which recognized and accredited internationally. In Dubai, the University has run the three associates in which national and foreign students learn deeply and interactively.

  • Dubai Business School
  • College of Engineering & IT
  • College of Law

The university offers a variety of faculties in the area of business management, engineering, and law. UD has enrolled the following courses;

  • BBA – MBA | Dubai Business School
  • CEIT | College of Engineering & Information Technology
  • Ph.D. | Doctor of Philosophy
  • LLM | Master of Laws | College of Law
  • GUCR | General Undergraduate Curriculum Requirements Program
CONTACT INFORMATION
Academic City,
Emirates Road Dubai – UAE
P. O. Box: 14143,
Website

2. HULT INTERNATIONAL BUSINESS SCHOOL

It is an American international business school accredited in the United States, the United Kingdom, and the European Union. Hult offers undergraduate, master’s, and MBA degree programs in Dubai such as;

  • Global One-Year MBA
  • Part-Time Executive MBA
  • Master of International Business
Campus & Enrollment Office
Hult International Business School
Dubai Internet City, U.A.E.
+971 4 427 5800
Website 

3. UNIVERSITY OF WOLLONGONG DUBAI

It is an Australian university’s branch in Dubai and the first foreign university to open a campus in the UAE. When it was established in 1993, other international universities were not interested to open campus here.

UOW offers a wide range of courses on undergraduate, post-graduate, post-graduate research and short time training including;

  • Finance and Accounting
  • Business and Management
  • Engineering and Information Sciences
  • Humanities, Social Sciences, and Health
  • Doctor of Philosophy (Ph.D.)
  • Executive Learning (short course)
CONTACT INFORMATION;
The University of Wollongong in Dubai
Blocks 5, 14 & 15, Dubai Knowledge Park
P.O. Box 20183, Dubai, UAE
Toll-free 800-UOWD or +971 4 2781800
Website

4. DUKE UNIVERSITY DUBAI;

It’s another American university, one of the best universities in Dubai established under the name of Fuqua. The campus building is environmentally friendly and students enjoy the natural view and cultural diversities. As being one of the top business school in the world it provides the courses including;

  • MBA
  • Master of Management
  • Master of Quantitative Management
  • PhD
  • Executive Education (short term)

CONTACT INFORMATION

Dubai International finance center
(DIFC)
+97144019306
Website

5. UNIVERSITY OF STRATHCLYDE BUSINESS SCHOOL

It is a business school based in the United Kingdom and has a branch office in Dubai since 1995. Although a university provides a variety of undergraduate and postgraduate degrees, on engineering, business, law and science, 2 years MBA program has been offering for regular or part-time students in Dubai.

Al Nahda Al Nahda 2 –
Dubai – United Arab Emirates
Phone: +971 2 206 4054
Website

6. ZAYED UNIVERSITY IN DUBAI

It is one of the government sponsors universities in the United Arab emirates. Zayed has achieved accreditation from the Middle States Commission on Higher Education in the USA. It is the first federal university in the UAE which was internationally accredited. ZU offers 17 majors and 10 minors at the undergraduate level and 10 master’s degrees.

CONTACT INFORMATION

Zayed University, P.O. Box 19282
Dubai, United Arab Emirates.
[email protected]
Tel: +971-4-4021111
Fax: +971-4-4021008
Website

7. MODUL UNIVERSITY DUBAI

The Vienna based university established a campus in Dubai in 2015 becoming the first Austrian university to open a branch in UAE.  MUD has been offering undergraduate and Master level education including;

  • Bachelor of Business Administration in Tourism & Hospitality Management
  • Bachelor of Science in International Management
  • Master of Science in Sustainable Development, Management, and Policy
  • Master of Business Administration – General
  • The Master of Business Administration – major in Tourism and Hotel Development
  • Master of Business Administration – major in New Media and Information Management
  • Master of Business Administration – major in Major in Entrepreneurship, Innovation, and Leadership
CONTACT INFORMATION;
4th Floor, One JLT, PO 336532
Dubai – United Arab Emirates
Phone: +971 4 510 1400
Website

8. DUBAI MEDICAL COLLEGE (GIRLS)

It is the first private university in Dubai which offers graduate and master degrees on Medicine & Surgery to the girls in the United Arab Emirates. DMC was established in 1986 as a non-profit educational institution approved by the UAE Ministry of Education.

The educational program offered by DMC is the accreditation of WFME standards equal to medical schools in the USA. The Dubai Medical College has run the two programmes as set out below;

  1. MBBch
  2. MSC
CONTACT INFORMATION;
Dubai Medical College for Girls,
Al Muhaisanah 1, Al Mizhar,
Dubai – United Arab Emirates
P.O.BOX: 20170,
Website;

9. UNIVERSITY OF BIRMINGHAM DUBAI

It is Another British university is ranked 9th in the list of the top 10 universities in Dubai. It is owned by the education elite Russell Group of UK universities, which includes Oxford and Cambridge.

The university offers undergraduate, postgraduate, and professional education to the national and international students with the curriculum of UK accredited. The students can enroll degrees on following faculties;

  • Business
  • Computer science
  • Education
  • Law
  • Mechanical engineering
  • Psychology

Academic City – Dubai – United Arab Emirates
Phone: +971 4 249 2300
Website

10. CANADIAN UNIVERSITY DUBAI 

It is formally known as CUD, a campus of the Canadian University which teaches the Canadian curriculum and accepted both national and international students. CUD established in 2006. The campus offers graduation and post-graduation degree on following faculties;

Undergraduate

  • Architecture
  • Business
  • Communication
  • Computer Engineering and Computational Sciences
  • Electrical Engineering
  • Environmental Health Sciences
  • Interior Design
  • Social Sciences

Graduate

  • Master of Business Administration
  • Master in IT Management and Governance
1st Interchange
Sheikh Zayed Road,
Dubai, United Arab Emirates
PO Box 117781
Tel +971 (4) 321 9090
Fax +971 (4) 321 1991
Website

How to apply for a student visa in Dubai?

Universities in Dubai allow the enrolment of any program, whether UAE national, UAE expatriate, or International student. The application of the enrollment can apply on the University website but the student visa process will issue on the sponsorship.

The sponsor can be anybody in the UAE or the university where you will enroll. To get the detailed information regarding the student visa click here.

Do the best universities in Dubai offer scholarships to international students? 

Yes, Dubai universities offer the student partial scholarships, whether they are subject to tuition fees or the annual course. Some campuses I listed here also offer international students a scholarship and a visa.

Do the universities in Dubai offer accommodation to the student?

Yes, most of them offer accommodation to the international student but you should pay extra money or it may include in your annual fee. Here we find the student that they accommodate by renting a room, by staying on campus or by coming home.

Conclusion: These top 10 universities in Dubai are very popular with the student, their program, and the international certificate of accreditation. Some universities also help the student obtain a student loan in Dubai and some provide scholarships.

Another most valuable thing to study in Dubai is that you can achieve quality education comparatively cheaper than a developed nation, and you are allowed to work part-time.