Latest news with #Dh7.5
Gulf Insider
6 days ago
- Business
- Gulf Insider
UAE Central Bank Imposes Dh18m Fines On Two Foreign Bank Branches
The Central Bank of the UAE (CBUAE) has imposed a total of Dh18.1 million in financial penalties on two UAE branches of foreign banks for violations related to anti-money laundering (AML) and counter-terrorism financing regulations. The first bank was fined Dh10.6 million, while the second was issued a penalty of Dh7.5 million. The sanctions were issued under the law governing anti-money laundering and combating the financing of terrorism and illegal organisations in the UAE. According to the CBUAE, the penalties follow examinations that revealed the two branches failed to comply with the UAE's AML legal framework and related regulatory requirements. The move follows a week after an exchange house was fined Dh200 million. The investigation found major problems in the exchange house's anti-money laundering and terrorism financing controls. The branch manager was also fined Dh500,000 and banned from working in any licensed financial institution in the UAE. The Central Bank stated that it is committed to ensuring that all financial institutions operating in the country adhere to applicable laws, regulations, and supervisory standards. It said this is essential for maintaining transparency in financial transactions and safeguarding the integrity of the UAE's financial system. The identities of the sanctioned banks were not disclosed.
Khaleej Times
18-04-2025
- Business
- Khaleej Times
Egg-citing Easter collection at Daiso Japan from Dh7.5 only
This Easter, step into a world of colour, creativity, and celebration with Daiso Japan, the UAE's No. 1 Japanese value store. Known for offering more than 80,000 high-quality products and 800 new arrivals every month, Daiso Japan continues to delight customers with its wide variety and unbeatable prices - with most items starting at just Dh7.5. With over 80 stores across the UAE, Saudi Arabia, Kuwait, Oman, Qatar, and Bahrain, Daiso Japan is the go-to destination for families seeking affordable, fun, and festive essentials to make their Easter extra special. This year, Daiso Japan is pulling out all the stops with a curated Easter collection featuring over 5,000 festive items, from decorations and gifts to baking accessories and creative crafts. Whether you're planning a family gathering or simply looking to add a little spring cheer to your home, there's something for everyone. With locations across the GCC, Daiso Japan makes it easy to access everything you need to celebrate Easter - all in one place. Visit your nearest Daiso Japan store today and dive into the spirit of the season with a collection that promises joy, creativity, and exceptional value.
Khaleej Times
19-02-2025
- Business
- Khaleej Times
Dubai: Dh63-million penthouse among units sold on first day of Burj Azizi launch
A Dh63-million penthouse was one of the units sold on the first day of sales of Burj Azizi. The 3-bedroom penthouse comes complete with its own steam room, sauna and swimming pool. The 131-storey tower has a total of 128 units of 1, 2 and 3-bedroom penthouses. These are spread across eight floors. The 88th floor has a single ultra-luxurious penthouse. Poised to be the world's second-tallest tower, Burj Azizi will be located on Sheikh Zayed Road and will have high-end luxury apartments ranging from Dh7.5 million to Dh156 million. According to a sales agent, over 110 units were sold on the first day on the first day of sales. 'We had one person who walked in and bought a 2BHK apartment for Dh19.9 million within five minutes,' he said. 'He lives in an 8-bedroom mansion but wanted a unit in Burj Azizi to add to his portfolio. He wanted a piece of the history that this tower represents.' He also said that one buyer had booked an entire floor of the tower for himself. 'The 21st floor, which has 18 units, has been booked by one person,' he said. 'Another family came in and bought two adjacent 1BHK apartment for Dh13 and Dh14 million. They were brothers and they wanted apartments next to each other. So we have seen a lot of interest.' Units of the tower went on sale in seven cities across the world on Wednesday. In Dubai, the sale was held at Conrad Hotel on Sheikh Zayed Road where a steady stream of prospective buyers and agents poured in throughout the day. 'City in a city' The tower, which is 725-metre tall, has a total of 1037 units and was described as 'a city in a city' by sales representatives. 'People living in the building don't really have to leave it,' said one representative. 'There is a cinema, a hotel, a supermarket and so many other amenities.' The tower will also break several records, like the highest hotel lobby on level 111, the highest nightclub on level 126, the highest restaurant on level 122, and the hotel room on level 118. At the top, the building will also house a special museum that will showcase the chronology of the building's evolution, recognising personalities involved through multimedia exhibits, including photos, video and graphics. Other amenities include a gym, yoga centre, spa, games room, business centre, kids' play area, restaurant and coffee shop. Scheduled to be completed in 2028, the tower will also have an observation deck providing 360-degree views of Dubai and a retail space with high-end boutiques and invite-only brands.
Khaleej Times
31-01-2025
- Lifestyle
- Khaleej Times
Celebrate Haq Al Laila and Ramadan with Daiso Japan's largest collection
As the joyous celebrations of Haq Al Laila and the holy month of Ramadan approach, it's time to prepare for moments of togetherness, tradition, and festivity. Daiso Japan, the UAE's leading Japanese value store, is here to make your celebrations even more special with an extensive range of high-quality, stylish, and affordable products. With over 80,000 products and 800 new arrivals each month, Daiso Japan offers everything you need – starting from just Dh7.5! With 50 stores across the UAE, discovering unique treasures for Haq Al Laila and Ramadan has never been easier. Make this year's Haq Al Laila truly memorable with Daiso Japan's charming collection of jute bags, mini backpacks, giveaway boxes, and decorative baskets. Whether you're gifting little ones or organizing a community celebration, our thoughtfully curated items ensure a delightful experience. Explore our latest additions for a fresh and exciting twist on this cherished tradition. Transform your home into a haven of warmth and festivity with Daiso Japan's biggest Ramadan collection yet. With over 4,000 carefully selected items, our collection features: Elegant Ramadan Decorations – Vibrant lanterns, decorative lights, hanging danglers, and festive cushions to create an enchanting atmosphere. Illuminating Your Space – Traditional lanterns, battery-operated lights, and glowing cushions to set a magical ambiance. Stylish Iftar and Suhoor Tableware – From beautifully designed ceramic trays to practical disposable tableware, we have everything you need to serve your loved ones in style. With Ramadan essentials starting at just Dh5, you can shop guilt-free while ensuring a memorable and beautifully decorated celebration. Visit your nearest Daiso Japan store today and explore our vast selection of Haq Al Laila and Ramadan essentials.
Khaleej Times
30-01-2025
- Business
- Khaleej Times
Daiso Japan opens 13th store in Abu Dhabi at Marina Mall
Daiso Japan is excited to announce the grand opening of its 13th store in Abu Dhabi, now welcoming shoppers at Marina Mall! This marks our second new store in just two months, further expanding our presence in the capital. The new store officially opened on Saturday, January 25th, 2025, and is conveniently located on the Lower Ground Floor, next to Carrefour. With over 80,000 products to explore, the store offers a wide range of home essentials, Japanese-inspired finds, kitchenware, stationery, beauty products, décor, and so much more! In addition to it's everyday range, Daiso Japan is thrilled to welcome its new Ramadan collection, the largest Ramadan range in the UAE, with over 4,000 items starting from just Dh5! From beautiful lanterns and lights to festive decorations, tableware, and much more, Daiso Japan has everything you need to prepare for this blessed season. Whether you're looking for practical everyday items or unique treasures, Daiso Japan has something to suit everyone's needs and tastes, all at affordable prices, starting from just Dh7.5. Plus, with 800 new items arriving each month, there's always something fresh to discover! Visit us today and experience a world of affordable, fun, and practical shopping at Daiso Japan! Follow us on Instagram @daiso_japan_uae for the latest news and updates. KT Network
