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UAE imposes Dh3.5-million fine against exchange house
The United Arab Emirates (UAE) is slapping an exchange house with a penalty of Dh3.5 million, which was advertised internationally by the Central Bank of the UAE (CBUAE) earlier this week. The zero-sum loss of wealth inflicted on the
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UAE: Dh100 million fine imposed on exchange house
As stated on Thursday, the Central Bank of UAE has fined an exchange house Dh 100 million. The financial violation came after the authority’s examinations revealed “grave shortcomings.” These failures pertained to the
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UAE: Some expats are adopting cash-only spending
Sheikha M was constantly losing track of her finances, even with the various budgeting methods she tried, from apps that track spending to the widely-discussed 50/30/20 budgeting method. Frustrated, she hopped on the cash-only spending
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This UAE app allows residents to earn money by leasing gold weighing as low as 0.1 gram
An app based in the UAE that enables residents to purchase gold for Dh1 introduced a new service allowing gold owners to lease their gold assets and
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Paralysed expat stuck in UAE with blood money debt to return home after 32 years
The Philippines government and local residents who offered support enabled a paralysed Filipino expat who has been stuck in Sharjah for more than
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Champions Trophy 2025: Schedule, prize money, tournament format
The upcoming major cricket tournament starting from Wednesday, February 19 represents both a revival and a comeback. After spending eight years in
Read MoreHow UAE Lottery Winners Get Their Prize Money
UAE Lottery Enthralls Built-in Contestants together with Wonderful Draws together with Wonderful Prizes. The most recent draw, which took place on January 11, had 11,368 winners, after the second draw had 12,329 winners, and the first draw
Read MoreOver Dh1,000 per week: UAE parents question if high winter camp costs are value for money
Dubai: Parents are concerned with the price of winter camps for their children, some of which cost up to Dh1,100 per week and lasted only a few hours per day. While all the national schools are out for a three-week winter break (December
Read MoreEid Al Adha Shopping in Dubai: Here are 8 ways for Reducing Grocery Expenses
Grocery shopping assumes a thrilling significance as families get ready to celebrate the auspicious occasion of Eid. People will swarm supermarkets to make sure they have an abundant supply of kitchen essentials and to buy additional items in order
Read MoreMoney Laundering: Employee Sentenced 25 years Jail and 50 Million Fine in Abu Dhabi
The investigations conducted by the Abu Dhabi Public Prosecution revealed that the defendant abused his position at a public agency to commit the offences and used forged official documents to embezzle funds totalling around AED 40 million. He
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