Latest news with #Dhs100
Gulf Today
19 hours ago
- Business
- Gulf Today
Shisha company employee fined Dhs1.13 million for stealing daily revenues in Dubai
Dubai Civil Court has ordered a former employee of a Shisha service company to repay Dhs1,034,000 as embezzled amounts besides Dhs100,000 in compensation for material and moral damages incurred by the company. The case dates back to the time when the company discovered financial discrepancies and unrecorded cash amounts in the daily sales data at one of its Dubai branches. The company reportedly suspected the female employee who was the sales manager and cashier, after inconsistencies were noted between actual collections and registered amounts. The branch manager initiated an investigation and identified two financial transactions for which no receipts had been issued so a comprehensive review of sales transactions from 2020 to 2024 was conducted, leading to the employee's admission of regularly misappropriating funds from daily revenues. The company filed a complaint with the Public Prosecution, which referred the case to the Dubai Criminal Court that issued a final verdict, ordering the employee to repay the embezzled amount.
Time Out Dubai
5 days ago
- Automotive
- Time Out Dubai
Parkin announces new subscription fees for students and teachers
Listen up Dubai students and teachers, your parking just got a whole lot cheaper. The city's official parking operator, Parkin, just announced it is changing the rules around parking fees, offering certain individuals a budget subscription fee. Offering new public parking subscriptions, the fees will be available to students, as well as the staff of private education centres. If you like this: Parking at Dubai public parks is changing There will also be a new subscription fee for anyone seeking multi-storey parking access across the city. For students, the fee will start at Dhs100 per month, allowing access to both roadside and plots parking with zone codes A, B, C and D within a 500m radius of their campus. Teachers and staff at private education centres will also be able to redeem the Dhs100 fee along with parking near their campus. Parkin introduces new subscriptions designed for students, educators, and multi-storey parking access, with flexible options to suit your daily needs. Discover them now on our app or at — ParkinUAE (@ParkinUAE) July 16, 2025 Finally, a new fee for multi-storey parking will be priced from Dhs735 per month, which will offer convenient parking options near your home, workplace or favoured destinations across Dubai. In a post on X, Parkin stated: 'Parkin introduces new subscriptions designed for students, educators, and multi-storey parking access, with flexible options to suit your daily needs.' Public parking in Dubai is organised and managed by Parkin, which took over responsibility from the RTA in 2024. Looking after public and private spaces around the city, Parkin has since implemented a new tariff system for parking, which divides into four zones named A, B, C and (you guessed it), D. Coming into practice in April 2025, there is also a new peak time hours fee for specific spaces that are located near transport hubs, business districts and shopping areas. With the new tariffs, these premium parking spaces have risen to Dhs6 per hour. In contrast, regular parking spaces across the city have remained priced at Dhs4 per hour. In other Dubai news AI or human? Dubai launches world-first system that tells you the truth This article was written by a human btw… Dubai Metro Blue Line: Here's where the 14 new stations will be located What to expect when the route arrives Dubai announces return of 12-hour summer sale with 90% off And it's coming soon
Gulf Today
14-07-2025
- Business
- Gulf Today
Invest bank rolls out new cash-back fixed deposit
Gulf Today, Staff Reporter Starting with your return has never been easier. Invest bank has launched a new cash-back fixed deposit that pays interest on day one — not after a year. With annual returns of up to 4.35% and a minimum deposit of Dhs100,000, this exclusive offer redefines how UAE customers save. The offer is valid for a limited time only, until August 31, 2025. This new product has been designed to provide instant value to customers looking to boost their financial plans from the very beginning of their deposit term. Whether for personal savings or financial growth, the cash-back fixed deposit offers a fresh alternative to traditional savings models, paying the entire interest amount upfront, credited directly to the customer's account. The deposit offers: 4.35% annual return (for government and semi-government employees); 4.25% for other customers; Paid in full on day one of the deposit; One-year term only, with a minimum Dhs100,000 deposit. Edris Al Rafi, Chief Executive Officer of Invest bank, said: 'At Invest bank, we believe rewarding trust should be immediate. Our new cash-back fixed deposit is designed for customers who want their money to start working for them from day one, a truly empowering shift in traditional banking. It reflects our commitment to offering smart, rewarding products that align with our customers' evolving financial goals.' The cash-back fixed deposit is available exclusively for a limited time and represents a strong choice for individuals and professionals across the UAE seeking upfront value, stable returns, and a smarter way to save.
Gulf Today
14-07-2025
- Business
- Gulf Today
'Earn on Day One': Invest bank rolls out new cash-back fixed deposit
Starting with your return has never been easier. Invest bank has launched a new cash-back fixed deposit that pays interest on day one — not after a year. With annual returns of up to 4.35% and a minimum deposit of Dhs100,000, this exclusive offer redefines how UAE customers save. The offer is valid for a limited time only, until August 31, 2025. This new product has been designed to provide instant value to customers looking to boost their financial plans from the very beginning of their deposit term. Whether for personal savings or financial growth, the cash-back fixed deposit offers a fresh alternative to traditional savings models, paying the entire interest amount upfront, credited directly to the customer's account. The deposit offers: • 4.35% annual return (for government and semi-government employees) • 4.25% for other customers • Paid in full on day one of the deposit • One-year term only, with a minimum Dhs100,000 deposit Edris Al Rafi, Chief Executive Officer of Invest bank, said: 'At Invest bank, we believe rewarding trust should be immediate. Our new cash-back fixed deposit is designed for customers who want their money to start working for them from day one, a truly empowering shift in traditional banking. It reflects our commitment to offering smart, rewarding products that align with our customers' evolving financial goals.' The cash-back fixed deposit is available exclusively for a limited time and represents a strong choice for individuals and professionals across the UAE seeking upfront value, stable returns, and a smarter way to save. About Invest bank: Founded in 1975, Invest bank PSC is a leading public shareholding company, headquartered in Sharjah. With over four decades of significant presence, Invest bank has established itself as a reputable entity within the UAE's banking sector, committed to delivering exceptional financial services. In 2019, the Government of Sharjah became a strategic partner, reaffirming the bank's position through commercial investment, with its shares publicly traded on the Abu Dhabi Securities Exchange (ADX). Today, Invest bank offers a wide array of services including retail banking, corporate banking, and investment services.
Gulf Today
13-07-2025
- Health
- Gulf Today
Patient awarded Dhs100,000 over medical error in Abu Dhabi after 20 per cent foot disability
The Court of Cassation in Abu Dhabi rejected an appeal against a ruling awarding a patient Dhs100,000 in compensation due to a non-gross medical error by the treating physician. The error resulted in the patient experiencing difficulty in walking due to a permanent disability of approximately 20% of the original functionality of the foot. The court clarified that the UAE legislator has been keen on balancing the need for doctors to have reassurance, confidence, and freedom in practising their profession, while also ensuring patients are protected from medical errors and have the right to compensation for resulting damages. The court referred to Article 18 of Decree-Law No. 4 of 2016 concerning Medical Liability, which stipulates that compensation claims arising from medical liability are only admissible after recourse to and review by Medical Liability Committees. Additionally, Article 19 of the same law mandates that all complaints related to medical errors be submitted or referred to the health authority, which has the right to refer complaints to the Medical Liability Committee, the court stated. The committee then must prepare a report on each case and submit it to the health authority within thirty days from the date of referral. According to case file, the Medical Liability Committee stated in its report that the healthcare provided by the doctor did not meet established medical standards and that he committed a non-gross medical error by failing to directly dealing with the case and delaying surgical intervention, resulting in difficulty in walking and a permanent disability of 20%. The court noted that the case files lacked evidence proving the patient was employed at the time of the surgery, especially since his age at that time exceeded the legally mandated retirement age. Additionally, medical reports confirmed that the patient arrived at the hospital in a wheelchair, indicating he was unable to walk before the surgery. The court explained that the appealed ruling awarded the appellant Dhs100,000 as compensation for material and moral damages, which it deemed sufficient. Consequently, the court rejected the appeal.
