Latest news with #FinanceHouse


Zawya
4 days ago
- Business
- Zawya
Finance House launches investnation credit card
Abu Dhabi, UAE – In a bold move set to redefine credit cards in the UAE, Finance House announced the official launch of investnation Credit Card, a one-of-a-kind financial product that combines credit access with ongoing investment growth. It's not just a card, it's a smarter way to spend and build wealth, all at once. Exclusively available to investnation members, the card can be unlocked by investing as little as AED 3,000 through the investnation platform. Customers instantly qualify to apply for the card, which offers a credit limit of up to 90% of the earmarked investment amount, while the funds continue to generate returns of up to 7% annually. This dual-benefit model of liquidity plus growth is a game-changer in the credit card market. Key features of investnation Credit Card include: Lifetime free membership with no annual fees or hidden charges Instant approval via a fully digital onboarding journey Virtual and physical cards for smooth online and in-store purchases Multiple repayment options for greater flexibility Complimentary access to select airport lounges What sets this card apart is its deep integration with the user's financial ecosystem. Rather than working in isolation like most traditional credit cards, investnation Credit Card ties directly into the customer's investment portfolio. While a portion is earmarked to determine the credit limit, the rest remains fully liquid, giving customers simultaneous access to spending power and wealth-building potential. 'The launch of investnation Credit Card reflects our continued focus on delivering solutions that align with our customers' financial goals. We are proud to introduce a product that enables users to access credit while their investments continue to grow, empowering them with both liquidity and long-term value.', said Mr. Mohamed A. Alqubaisi, Founder & Chairman of the Finance House Group. The launch is a milestone moment in Finance House's mission to redefine financial access and further cements its position as a pioneer in customer-driven innovation. About Finance House LLC Finance House LLC 'Finance House' is a licensed financial institution, regulated by the Central Bank of the UAE ('CBUAE'), that has been fulfilling the financial aspirations of individuals and businesses since 2008. In 2024, Finance House proudly celebrated 20 years of collective impact and leadership, as a subsidiary of Finance House PJSC. With a diverse portfolio of financial solutions, Finance House caters to personal, commercial, and corporate finance needs, offering corporate deposits and specialized treasury services. These solutions are crafted to drive growth and provide trusted support for personal and business success. Headquartered in Abu Dhabi, with strategically located branch offices in Dubai and Sharjah, Finance House delivers seamless service across the UAE. Our mission is to empower financial success through unparalleled expertise, unwavering trust, and a commitment to innovation. For media inquiries, please contact: Anand Sankara Narayanan Chief Marketing Officer Finance House Email:


Time of India
11-07-2025
- Business
- Time of India
Who Is Fatima Al Awadhi, the 17-year-old UAE teen on a mission to conquer world's tallest peaks?
Fatima Al Awadhi raises the UAE flag atop Mount Elbrus after her record-setting climb / Image Credits: WAM TL;DR At just 17, Fatima Al Awadhi became the youngest Emirati to climb Mount Elbrus . This is part of her plan to finish the Seven Summits challenge , which means climbing the tallest mountain on every continent. Fatima hopes her journey will encourage young Emiratis, especially girls. Fatima Al Awadhi, the youngest Emirati climber to reach the summit of Mount Elbrus, has set a new milestone for youth in the UAE. Fatima's achievement reflects the UAE's strong focus on youth development and empowerment, supported by national programs like the National Youth Agenda 2031. Backed by Finance House, a UAE company dedicated to supporting young people, Fatima's climb is not only a personal triumph but a symbol of the growing opportunities for Emirati youth, especially young women, to lead, explore, and inspire. Who is Fatima? Fatima is a 17-year-old Emirati mountaineer. Last year, she climbed Mount Kilimanjaro, Africa's tallest mountain. Now, she has added Mount Elbrus in Russia to her list. This mountain is the highest point in Europe at 5,642 meters . Her goal is to finish the Seven Summits challenge, which means climbing the highest peak on each continent. Fatima's climbs show her focus and determination. Fatima dedicated her success to the UAE's leaders. She credits them for their strong support of youth and women. She also honored her family for her success and support provided. Her Previous Achievement: Climbing Mount Kilimanjaro Before Mount Elbrus, Fatima reached the summit of Mount Kilimanjaro in Tanzania. This mountain is famous for being the tallest in Africa and a common goal for mountaineers. Completing Kilimanjaro was a major step toward her bigger dream of finishing the Seven Summits challenge( to climb the highest mountain on each continent). It also gave her the experience and confidence needed for tougher climbs ahead. Fatima has completed two of these so far. How Finance House Supported Fatima Fatima's climb was backed by Finance House, a UAE company known for supporting youth empowerment. They helped with training, equipment, and planning, making sure she was ready for the risks of high-altitude mountaineering. This support shows the growing role of UAE organizations in helping young people chase big goals safely and successfully. How the UAE Supports Youth Development The UAE puts a strong focus on helping its young people grow and succeed. Here's how: Education and Training: The UAE offers free, quality education guaranteed by its Constitution. Vocational training and youth centers help young people build skills for the future. Job Opportunities: Youth unemployment in the UAE is about 9.89%, much lower than the regional average. This shows how the government creates real chances for young people to work and build careers. Youth Participation: The UAE encourages young people to take part in government and decision-making. The country appointed its first Minister of State for Youth Affairs at 22 years old. Youth also make up a significant share of the Federal National Council and participate in Youth Councils. National Initiatives: Programs like the National Youth Strategy and Youth Circles involve thousands of young people, giving them a voice and helping them develop leadership skills. The National Youth Agenda 2031: Planning for Future The UAE's National Youth Agenda 2031 aims to help Emirati youth become leaders and contributors to the country and the world. It focuses on: Economic Growth: Helping youth contribute to the UAE's economy. Community Values: Encouraging young people to be active members of society, respecting Emirati values. Global Leadership: Supporting youth to make a positive impact worldwide. Technology and Skills: Ensuring young people master new technologies and future skills. Health and Well-being: Promoting good health and a high quality of life for youth. The agenda also sets goals like increasing youth participation in global forums, providing career pathways, boosting education and vocational qualifications, and fostering pride in Emirati identity. A Message for Young Emiratis and Women Fatima wants her climb to inspire young people around the world. She believes hard work and determination can turn dreams into reality. She also plans to start projects that help communities and protect the environment. Her story is more than a personal success, it's a call to youth everywhere to be brave and aim high. FAQs Q: How old is Fatima Al Awadhi? A: She is 17 years old. Q: What mountains has Fatima climbed? A: Mount Kilimanjaro and Mount Elbrus. Q: What is the Seven Summits challenge? A: Climbing the highest peak on each continent.


UAE Moments
09-07-2025
- Sport
- UAE Moments
Al Awadhi Becomes Youngest Emirati to Climb Mount Elbrus
At just 17, Fatima Abdulrahman Al Awadhi has officially made history as the youngest Emirati to summit Mount Elbrus, Europe's highest mountain. Standing tall at 5,642 meters above sea level, the young mountaineer raised the UAE flag atop the snow-covered peak in Russia—proving that age and altitude are no match for Emirati ambition. Braving freezing temps and grueling terrain, Al Awadhi completed the challenge as part of her Seven Summits goal, having already conquered Mount Kilimanjaro earlier this year. 'Reaching this summit was only possible because of the unwavering support of our leadership,' said Al Awadhi. 'I dedicate this achievement to those who taught us that nothing is beyond our reach.' A Climb With Purpose She dedicated her record-breaking accomplishment to President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Her Highness Sheikha Fatima bint Mubarak, the "Mother of the Nation", praising their continued encouragement of youth and women's empowerment. Al Awadhi also sees her journey as more than just personal victory—it's a statement. 'My mission is a message that Emirati and Arab youth, especially young women, are capable of leading, exploring and making a meaningful impact,' she said. Fueled by Passion—and Support Her expedition was made possible with backing from Finance House, a UAE-based financial institution that supports ambitious youth initiatives. She also gave a special shout-out to her biggest cheerleaders—her family. Al Awadhi expressed 'deep gratitude' to them for their love and support throughout the journey. With two peaks down and five more to go, the world's mountaintops better watch out—Fatima's just getting started.


Gulf Today
09-07-2025
- Sport
- Gulf Today
Fatima Al Awadhi, 17, is youngest Emirati to climb Mt Elbrus
In a new milestone for the UAE, 17-year-old Fatima Abdulrahman Al Awadhi has become the youngest Emirati to summit Mount Elbrus in Russia, Europe's highest peak at 5,642 metres. The achievement marks the latest step in her pursuit of the 'Seven Summits' challenge, a global mountaineering goal. Last year, she successfully climbed Mount Kilimanjaro, the highest point in Africa. Supported by UAE-based Finance House, which advocates youth empowerment, Al Awadhi braved extreme weather and difficult terrain to raise the UAE flag atop the mountain. Her climb serves as a message of hope and inspiration for Arab youth, particularly young women. She dedicated her achievement to President His Highness Sheikh Mohamed Bin Zayed Al Nahyan and H.H. Sheikha Fatima Bint Mubarak, the 'Mother of the Nation,' Chairwoman of the General Women's Union, President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation, in gratitude for their enduring support for Emirati youth and women. Al Awadhi exemplifies the aspirations of young Emiratis. WAM 'Reaching this summit was only possible because of the unwavering support of our leadership,' Al Awadhi said. 'I dedicate this achievement to those who taught us that nothing is beyond our reach.' Al Awadhi exemplifies the aspirations of young Emiratis, blending her passion for adventure with community engagement. Drawing from her leadership and volunteer experiences, she plans to launch environmental and humanitarian initiatives aimed at supporting underprivileged communities and protecting nature. She stressed that her mission is not just personal, adding, 'It is a message that Emirati and Arab youth, especially young women, are capable of leading, exploring and making a meaningful impact.' Al Awadhi expressed deep gratitude to her family, saying, 'To my mother, Dr. Amal Al Qubaisi, you are my anchor and my strength. And to my late father, Abdulrahman Al Awadhi, your guidance taught me to aim for the skies with steady steps.' WAM


Dubai Eye
09-07-2025
- Sport
- Dubai Eye
Fatima Al Awadhi becomes youngest Emirati to summit Europe's highest peak
Seventeen-year-old Fatima Abdulrahman Al Awadhi has become the youngest Emirati to summit Europe's highest peak, raising the UAE flag atop Mount Elbrus in Russia. Al Awadhi braved extreme weather and difficult terrain to climb 5,642 metres. She dedicated her achievement to President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Her Highness Sheikha Fatima bint Mubarak, the 'Mother of the Nation" for their enduring support for Emirati youth and women. "Reaching this summit was only possible because of the unwavering support of our leadership,' Al Awadhi said. 'I dedicate this achievement to those who taught us that nothing is beyond our reach." It marks the latest step in her pursuit of the Seven Summits, after successfully climbing Mount Kilimanjaro earlier this year. She stressed that her mission is "a message that Emirati and Arab youth, especially young women, are capable of leading, exploring and making a meaningful impact". Supported by UAE-based Finance House, Al Awadhi also expressed deep gratitude to her family for their support.