Latest news with #Dh70
Al Etihad
4 days ago
- Business
- Al Etihad
Awqaf Abu Dhabi and Aldar to develop Dh70m real estate endowment project to support People of Determination and patients with chronic diseases
29 May 2025 20:17 ABU DHABI (ALETIHAD)The Endowments and Minors Funds Authority (Awqaf Abu Dhabi) and Aldar have partnered to develop a real estate endowment project, valued at Dh70 million, in support of the Awqaf Abu Dhabi Life Endowment from the project will be dedicated to enhancing healthcare access, specifically by covering treatment costs and providing support for individuals with chronic illnesses, and, People of Determination. The initiative aligns with goals of the Awqaf Abu Dhabi Life Endowment campaign, launched by Awqaf Abu Dhabi, as well as Aldar's commitment to driving long-term community impact through strategic investments in social Abu Dhabi will provide the land, while Aldar will lead with its design, development, and delivery. The project introduces an innovative and sustainable model of real estate investment, generating recurring income that will be reinvested into strengthening the healthcare system and enhance its capacity to meet future by the Endowments and Minors Funds Authority (Awqaf Abu Dhabi), the Awqaf Abu Dhabi Life Endowment campaign, under the slogan With You For Life, aims to build a lasting fund to support the healthcare needs of underserved groups. This includes access to medications, mental health services, and other forms of medical General of Awqaf Abu Dhabi, His Excellency Fahad Abdulqader Al Qassim, said, 'The Awqaf Abu Dhabi Life Endowment campaign marks a significant shift in the use of endowments for development. It moves beyond traditional models to create an innovative, sustainable system of endowments that direct resources to strengthen the vital healthcare sector. This approach ensures ongoing giving and support, promotes community well-being, and improves public health.''Awqaf Abu Dhabi believes in leveraging endowment assets as a sustainable source of funding for development, providing a consistent revenue stream for social and healthcare projects. This endowment project, developed in collaboration with Aldar, embodies this vision. It will generate sustainable income to strengthen the healthcare system's capacity to provide long-term care for individuals with chronic illnesses, and People of Determination.' Group Chief Executive Officer at Aldar, Talal Al Dhiyebi, said, 'We are honoured to collaborate with Awqaf Abu Dhabi on this groundbreaking endowment project, which underscores the importance of public-private partnerships in developing innovative solutions to address social challenges. By leveraging real estate investment, the initiative will provide greater access to healthcare for those who need it most, reflecting the UAE's deeply rooted values of giving and social solidarity.'
NDTV
7 days ago
- Business
- NDTV
UAE Man Fined Rs 16 Lakh For Negative Review Against Business Online
A UAE man has paid a huge price for posting disparaging remarks against a business on social media. The Al Ain Court for Civil, Commercial, and Administrative Claims ordered the man to pay the business owner Dh70,000 (approximately Rs 16.21 lakh) for inflicting financial losses. The businessman filed the lawsuit and initially sought Dh200,000 in damages for material and moral harm, court costs and legal fees. He alleged the man's remarks damaged his store's reputation and significantly reduced sales, Gulf News reported. The court acknowledged the man's remarks about the business harmed the company's reputation. The defendant was earlier found guilty in a criminal court ruling before filing a written defence asking the court to dismiss the case. He also asked the Federal Tax Authority to furnish the company's tax records to verify whether there had been a decline in sales during the period of the claimed defamation. The man also provided supporting documentation, such as images of internet conversations and a certificate of dependent status. The defendant also sought to recoup legal fees. However, the court concluded that the man had committed defamation, affirming the previous ruling. He was mandated to compensate the merchant with the designated amount. In a similar case in 2024, a man from Northern Ireland was sentenced to up to two years in prison in Dubai for posting a critical review of a dog grooming business. Belfast native Craig Ballentine was arrested on "slander" charges after he posted a critical review following a dispute with his previous employer. Ballentine lost his job and faced a travel ban for two months. He had to pay thousands of pounds to get it removed. The man then returned to Northern Ireland and wrote a critical online review outlining all of his grievances with the grooming centre and his former supervisor. Later, he was arrested while on vacation with friends in Abu Dhabi.
Hindustan Times
24-05-2025
- Business
- Hindustan Times
UAE man fined over ₹16 lakh for posting negative online review against business
A young man in the UAE has been ordered to pay Dh70,000 (approximately ₹16.21 lakh) in compensation for posting defamatory remarks on social media that damaged a business's reputation and led to financial losses, reported Gulf News. Also read: South Korean mother reunites with abducted daughter after 44 years, now suing government over illegal adoption The Al Ain Court for Civil, Commercial, and Administrative Claims delivered the verdict after the owner of a commercial establishment filed a case, stating that the man's online comments had tarnished his shop's image and caused a significant drop in sales. The claimant had initially sought Dh200,000 in compensation for both material and moral damages, along with legal expenses and court fees. According to the complaint, the man had posted harmful comments about the business on a social media platform, which the court confirmed had negatively impacted the company's reputation. The defendant had already been found guilty of the act in a previous criminal court ruling. Also read: 'Spookiest s**t ever': AI blackmails engineer over affair after being told it'll be replaced During the civil proceedings, the man submitted a written defence urging the court to dismiss the compensation claim. He also requested the Federal Tax Authority to provide the business's tax records to determine whether there had truly been a drop in sales during the time of the alleged defamation. Additionally, he submitted supporting documents, including a dependent's certificate and screenshots of online chats. Also read: Indian Harvard student fears future after Trump admin blocks international enrolments: 'I don't know where I'll go' However, the court upheld the earlier judgement and concluded that the man had indeed committed defamation. He was ordered to pay Dh70,000 to the businessman as compensation. Also read: 'I am not dead yet': Woman in China falls from 12th floor, calls husband for help from ground
Gulf Insider
23-05-2025
- Business
- Gulf Insider
UAE: Court Asks Man To Pay Dh70,000 For Social Media Comments
Posting defamatory comments on social media has come at a heavy price for a man in the UAE. The Al Ain Court for Civil, Commercial, and Administrative Claims has ordered a young man to pay Dh70,000 in compensation to the owner of a commercial establishment for damaging the shop's reputation and causing financial losses through defamatory comments posted on a social media platform. The case was brought by a businessman who demanded Dh200,000 in compensation for both material and moral damages, in addition to court fees and legal expenses. In his complaint, the claimant stated that the defendant had tarnished the reputation of his business by publishing statements that harmed its standing and resulted in financial loss. These statements were posted as comments on a social media platform. The defendant had already been convicted for this act under a criminal court judgment. In response, the defendant submitted a written defence requesting the court to dismiss the case. Alternatively, he asked the court to contact the Federal Tax Authority to provide the company's tax returns for the period during which the claimant alleged a decline in sales due to the defendant's actions. The defendant also sought to recover legal costs and enclosed documents, including one of the dependent's certificates and screenshots of online conversations. In its judgment, the court noted that defendant had already been proven guilty in a previous judgment, finding him guilty of defamation. The court also ordered the defendant to pay the claimant Dh70,000 in compensation.
Gulf Insider
18-05-2025
- Business
- Gulf Insider
UAE: Rare Goat With Mix Of Deer And Dog-Like Features Sold For Dh70,000
At the Al Munaie Auction held in Ras Al Khaimah on Friday, a goat from the rare Salali breed was sold for Dh70,000 (approx. $19,000). Videos shared on social media showed how the dramatic auction unfolded for the goat with a mix of deer and dog-like features. The Salali breed, originally from Oman, is popular across the UAE and the Gulf region. These goats are known for their distinctive features, including a well-proportioned body, small upright ears, sparse hair, coiled tails, and circular patterns on their fur in various sizes — traits that enhance their appeal and value. The Al Munaie Auction is one of the most prominent livestock auctions in the area, attracting breeders and livestock enthusiasts, especially those interested in rare and high-quality breeds. A wide range of goats is featured at the event, including the Salali and Sudanese breeds. Prices vary significantly depending on lineage and physical traits, with Sudanese goats typically ranging between Dh1,500 and Dh4,000. The high-profile sale highlights the growing interest in breeding and collecting rare livestock in the UAE, driven by a cultural appreciation for excellence in animal husbandry. Bu Mershad, from Al-Nabag Farm in Al Ain, a specialist in educating the community about raising different breeds of goats and other animals in the UAE, said: 'In every hobby or field, we often see unusually high prices. This is either because the buyer has a specific goal in mind—hoping to achieve exceptional results from what they purchase and eventually make back double or more from selling its offspring, such as from a specially selected male with outstanding traits—or simply because they enjoy owning a unique type, regardless of how much they pay.' These results are usually the product of another breeder's hard work and effort, who has carefully selected mothers and males with specific desired colours, body shapes, and symmetry suited to this hobby, he pointed out. Origin of the name He said one such goat breed is called Salali, and it is named after its place of origin, Salalah in the Sultanate of Oman. It has since spread to the UAE and Saudi Arabia, where breeders have developed its colours and symmetry. There are types of goats known as al-Murashsh, al-Mutayyal, al-Habashi brown, and the white with spots, each named according to its colour. 'Every category has its own specific and distinctive traits that breeders, enthusiasts, and professionals look for—and prices are set based on those qualities,' said Bu Mershad. To give an example of high prices in other fields, he said that a parrot in the UAE was earlier sold for Dh100,000 due to a rare genetic mutation and unique colour. In the whole animal world, he said a trained chimpanzee raised from infancy was sold for Dh300,000. 'Similarly, some falcons have been sold for millions of dirhams. Every animal type has its own group of fans and hobbyists who are willing to pay large sums depending on their purpose for owning them,' he observed.
