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CBUAE imposes financial sanction of Dhs2 million on exchange house
CBUAE imposes financial sanction of Dhs2 million on exchange house

Gulf Today

time24-06-2025

  • Business
  • Gulf Today

CBUAE imposes financial sanction of Dhs2 million on exchange house

The Central Bank of the UAE (CBUAE) imposed a financial sanction of amount Dhs2,000,000 on an exchange house operating in the UAE, pursuant to Article 137 of the Decretal Federal Law No. 14 of 2018 regarding the Central Bank and Organisation of Financial Institutions and Activities, and its amendments. The financial sanction has been imposed after assessing the findings of an examination conducted by the CBUAE, which revealed that the exchange house failed to comply with AML/CFT policies and procedures. The CBUAE, through its supervisory and regulatory mandates, works to ensure that all exchange houses, their owners, and staff abide by the UAE laws, regulations and standards adopted by the CBUAE to safeguard the transparency and integrity of the exchange houses industry and the UAE financial system. WAM

Penfolds to host exclusive wine dinner in the Lana Hotel, Dubai - What's On
Penfolds to host exclusive wine dinner in the Lana Hotel, Dubai - What's On

What's On

time17-06-2025

  • Entertainment
  • What's On

Penfolds to host exclusive wine dinner in the Lana Hotel, Dubai - What's On

An exclusive, one-night-only event is about to take place by Penfolds, one of Australia's most prestigious wine estates and if you're into good wine and great food, you'll need to check it out. Taking place on Thursday, June 26 in Jara by Martín Berasategui, and located at ultra-luxury hotel, The Lana – Dorchester Collection, this special dinner will also have a very special guest. The acclaimed contemporary Basque restaurant in the Lana will welcome Penfolds' chief winemaker, Peter Gago, for his first visit to the UAE in over a decade. This intimate evening promises an extraordinary culinary experience, priced at Dhs2,588 per person. The six-course tasting menu curated by Martín Berasategui himself will begin at 7.30pm, with each dish artfully paired with some of Penfolds' most celebrated wines. The evening will showcase highlights from the Luxury and Icon collections, including rare tastings of two legendary vintages of Penfolds Grange – 1983 and 1991. The dinner will also feature other outstanding labels, such as the crisp Yattarna Chardonnay, the elegant Bin 169 Coonawarra Cabernet Sauvignon, and the bold RWT Barossa Valley Shiraz. St Henri Shiraz and Bin 707 Cabernet Sauvignon will round out the evening's wine offerings, each perfectly matched to the refined Basque dishes designed to complement their flavor profiles. You'll get a rare opportunity to explore the depth and heritage of Penfolds under the guidance of one of the wine world's most respected figures. Seats are extremely limited, and advanced reservations are required. Bookings can be made through this link. In a nod to the brand's global innovation, Penfolds has also recently debuted the Grange La Chapelle 2021, a rare collaboration with Domaine de La Chapelle, now available in the UAE. > Sign up for FREE to get exclusive updates that you are interested in

You can get Dhs400 off your Careem car rental this summer
You can get Dhs400 off your Careem car rental this summer

Time Out Abu Dhabi

time17-06-2025

  • Automotive
  • Time Out Abu Dhabi

You can get Dhs400 off your Careem car rental this summer

If you've been thinking about swapping taxis for your own set of wheels – at least for the summer – Careem's latest offer might be just what you need. The homegrown super app has launched a limited-time car rental deal, giving drivers across Abu Dhabi Dhs400 off on two-month bookings. Running from June 15 to July 15, the promotion is ideal for those seeking to cruise through the warmer months with a little more independence (and air conditioning). Whether you're running errands, heading to the office, or escaping to cooler climes on the East Coast, you can now do it without the hassle of car ownership. The deal is available through Careem's car rental partner, Swapp and includes a wide range of vehicles like Mazda 6, Hyundai Creta and Volvo S90, with prices starting from Dhs2,340 before discount. Just use the code 'SUMMER400AUH' and the savings are yours. Careem's car rental service is designed for ease so there's no deposit required and same-day delivery means your chosen ride could be parked at your doorstep just hours after booking. Everything happens via the Careem app too, so there's no paperwork, no long queues and no waiting around. Bookings range from short to long-term, but the average rental duration sits at three months, with some customers keeping their cars for over a year. While the Nissan Sunny and Mitsubishi Attrage remain everyday favourites, premium options like the Mercedes G63, Lamborghini Huracan and Ferrari F8 are also part of the fleet, for those looking to level up their summer drives. Bassel Alnahlaoui, chief business officer at Careem, said: 'Our car rental service is built for maximum flexibility and convenience, whether you need a ride for a few days or several months. So many expats in the UAE are looking for easy and cost-effective ways to get around. Careem Car Rental offers a simple way to rent a car in minutes, without the upfront costs or commitment of ownership. And for those booking longer rentals, it's a great way to enjoy added savings during the summer months.' Ready to hit the road? Just open the Careem app, tap 'Car Rental,' and take it from there. Summer in Abu Dhabi The 27 best things to do indoors this summer in Abu Dhabi It's time for some air-conditioned bliss Psst: This is when summer officially starts in Abu Dhabi No complaints here Yas Waterworld's epic new expansion is opening this summer – including 12 new slides Weeeeee! 25 brilliant beach and pool day passes in Abu Dhabi Grab your SPF – a lush day by the water awaits

Gang jailed in Dubai for stealing Dhs9,900 from a man's account after forcing him to reveal bank details over phone
Gang jailed in Dubai for stealing Dhs9,900 from a man's account after forcing him to reveal bank details over phone

Gulf Today

time16-06-2025

  • Gulf Today

Gang jailed in Dubai for stealing Dhs9,900 from a man's account after forcing him to reveal bank details over phone

Dubai Misdemeanour and minor offences court sentenced a five-member Asian gang to one month in jail, to be followed by deportation, and fined them Dhs9,900 for defrauding an Arab national by impersonating a police officer and stealing funds from his bank account. The case dates back to March 2025, when the victim filed a report with Dubai Police, stating he had lost Dhs9,900 after receiving a call from one of the suspects claiming he was a police officer tasked by the Central Bank to update his bank account details. The gangster threatened the victim that his account would be frozen if the victim did not disclose his card details and PIN so the victim complied, only to discover the amounts were withdrawn moments later. Dubai Police's Cybercrime Unit found out that the gangsters used a residential apartment in Deira as a hub for targeting victims across the UAE. Investigations revealed that smart phones used to contact victims and commit crimes were found hidden in plastic bags and shoes. Forensic analysis affirmed one device was used in the victim's case. On being questioned, the gangsters admitted to impersonating police, bank, or government officials, tricking victims into revealing bank details. They confessed that they were recruited and directed by a fugitive who had rented the apartment for them before fleeing the country. They added that he used to contact them via phone, instructing them to collect victims' bank card details and PINs. Once the data was obtained, he used to withdraw money from the victims' accounts and send the gang members monthly payments ranging from Dhs1,800 to Dhs2,000.

Etihad launches four daily flights from Abu Dhabi to Karachi
Etihad launches four daily flights from Abu Dhabi to Karachi

What's On

time13-06-2025

  • Business
  • What's On

Etihad launches four daily flights from Abu Dhabi to Karachi

Etihad Airways, the UAE's national carrier, has announced it is increasing its flight frequencies to Karachi, Pakistan. The expansion is part of the airline's commitment to provide UAE residents and tourists with more travel options and enhanced connectivity. The flights will be launched on October 1, 2025 and tickets can already be purchased. Flights from Abu Dhabi to Karachi will depart at 2.25am, 7.50am, 2.40pm and 11.40pm. From Karachi to Abu Dhabi, the flights will depart at 5.15am, 6.35am, 12pm and 9.35pm. Direct flights between the two cities usually take around two hours and 15 minutes. Photo credit: Getty Images The new addition will bring the number of non-stop flights to Karachi up to 28 flights every week. In total, the expansion will bring the number of flights to Pakistan to 60, showcasing Etihad 's commitment to the region. The enhanced flight frequencies are planned in such a way as to allow for maximum convenience and seamless connectivity across the carrier's expanding global network. Why the increase in flights to Karachi? Expatriates make up a significant majority of the UAE's population, totaling approximately 10.04 million people. According to the demographics, Indians form the largest group, with 4.36 million residents, followed by Pakistanis, who make up 1.9 million of the population. The numbers are evident as the flights from the UAE to these two destinations are on the rise. The UAE's geographical positioning makes the country every traveller's dream, whether it's for those that are looking to explore the world or simply travel back home to loved ones. Other new flight announcements Photo credit: Getty Images In February, Etihad Airways announced it will be launching flights to the stunning Russian city of Sochi over the summer. Etihad will fly three times a week between Abu Dhabi's Zayed International Airport (AUH) and Sochi International Airport (AER) – on Tuesdays, Thursdays and Sunday. Return flights can already be booked for a starting price of Dhs2,045. You can read more here. > Sign up for FREE to get exclusive updates that you are interested in

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