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Gulf Today
3 days ago
- Business
- Gulf Today
UAE Central Bank suspends minimum balance fee by banks
The Central Bank of the UAE issued a circular on Tuesday instructing banks to suspend increases in minimum balance requirements and halt the application of related fees until further notice. Several banks in the UAE had recently imposed monthly fees of up to Dhs26.25 on certain accounts due to customers failing to maintain the minimum balance or not transferring their salaries to these accounts. These fees were introduced despite such accounts being free for years. Additionally, banks had raised the minimum balance threshold required to waive fees from Dhs3,000 to Dhs5,000.
Emirates Woman
5 days ago
- Business
- Emirates Woman
Starting a business? Here's the best co-working spaces in Dubai
Creative minds always need room to breathe. Especially if you're launching a new business, co-working spaces are the best place for this. While it's easy to stay at home and work out of your bed, true creativity is put to the test in a co-working space where several entrepreneurs also work from. From community building meet-ups to networking opportunities, these spaces provide a platform to keep the productivity high at all times. In an environment bustling with energy, it's a sign to enroll in one of Dubai's most sought-after co-working spaces. Why are co-working spaces important? Overall, co-working spaces are important because they offer flexible, cost-effective alternatives to traditional offices, making them ideal for freelancers, startups, and remote workers. They foster a sense of community and collaboration by bringing together professionals from diverse backgrounds, encouraging networking and innovation. These spaces enhance productivity by providing a structured, professional environment equipped with essential amenities like high-speed internet, meeting rooms, and shared resources. Located in accessible urban areas, many co-working spaces also offer global access, benefiting digital nomads and traveling professionals. Additionally, they support work-life balance and mental well-being by reducing isolation and creating a clear separation between work and home life. So, scroll through our guide of co-working spaces to book in Dubai. Nasab View this post on Instagram A post shared by Nasab Dubai (@nasabdubai) This space is a private haven of work, wellness & leisure spaces located in KOA Canvas, curating a community of entrepreneurs, thought-leaders and gamechangers. Location: KOA Canvas, Al Wasl Website: The Bureau This female-focused coworking space is a productive sanctuary in the center of Dubai. Designed by women, the space has everything from private offices for short-term rentals to dedicated desks with natural light for a clean environment to working in. With cosy phone booths for private calls and an intimate space for private events, this haven ensures a smooth working day without any hindrances. Memberships start at Dhs120 per day and the 3-month membership is priced at Dhs3,200 with upfront payment. Location: Gold & Diamond Park, Building 6. Website: Nomad Day Bar At 25 Hours, this space is the ideal spot for co-working and casual meetings. This fully knitted co-working space features an open pantry, coffee bar and plenty of modern tech with breathtaking views. With coffee by Nightjar, you're sure to be productive all-day long. Location: 25 Hours Website: Techarc As a hub for creatives, this co-working space is designed for the community to meet, work and learn. Techarc Space was established by entrepreneurs committed to redefine coworking through affordable solutions tailored to your needs. Location: Alserkal Avenue, Warehouse 25 Website: Nook Co-working Space View this post on Instagram A post shared by nook Coworking (@nookdxb) Designed to promote a healthy environment for sports, fitness and wellness, this co-working space is an exciting place for everyone to begin their entrepreneurial journey. From flexible spaces to rent with meeting rooms to dedicated office spaces for a reasonable price every month, this venue has all your needs under one roof. It also comes complete with an onsite gym and studio space with wellness instructors who can train individuals and small groups. Located in One JLT on the 2nd floor, it's open from Sunday to Thursday 8am to 8pm and Friday and Saturday 9am to 6pm. Location: Jumeirah Lake Towers Website: AstroLabs In need of a venue to expand your business? Known for fostering a collaborative coworking community, AstroLabs offers a range of bespoke training programs, incubators and a private facility to get your head down and work. With practitioner-led courses, entrepreneurs are sure to have a boost in their journey, making the entire work environment and enrolling a seamless process. Located in Parkside Retail level, Cluster R, it's open daily for 24 hours. Location: Jumeirah Lake Towers Website: – For more on luxury lifestyle, news, fashion and beauty follow Emirates Woman on Facebook and Instagram Images: Instagram Feature Image: Instagram @jesshunt
Gulf Today
22-05-2025
- Gulf Today
Abu Dhabi man told to return Dhs25,262 he fraudulently used through another person's credit card
The Abu Dhabi Family, Civil and Administrative Cases Court obligated a person to return Dhs25,262 to another man and fined him Dhs3,000 after the former used the latter's credit card to buy tickets to a UAE museum via the Google search engine. After the amount had been deducted from his account, the victim learned that he was a victim of fraud and consequently filed a lawsuit against the defendant, who was convicted of embezzlement. Under the lawsuit he filed, the plaintiff requesting the court to obligate the defendant to pay him Dhs51,000 as the value of the financial claim plus a compensation for the material and psychological harms he sustained and settle the incurred fees and expenses. As evidence of his lawsuit, the plaintiff submitted photocopies of the referral decision from the Alternative Dispute Resolution Department and the verdict issued in a previous lawsuit in which the defendant was convicted in absentia and fined Dhs30,000. The plaintiff pleaded that the defendant embezzled money from his credit card to buy tickets for a UAE museum, adding that he later received a one-time password and Dhs25,262 was deducted from his account with Abu Dhabi bank. He then learned that he was a victim of fraud and consequently filed a lawsuit under which the defendant was convicted of embezzlement. The plaintiff stated that as he suffered material and moral harms in his personal life, given that he was the sole breadwinner for his family, was undergoing medical treatment and needed money to pay to his bank, he was prompted to file the present lawsuit. The court explained that it was evident that the defendant was convicted of illegally using the data of the plaintiff's credit card with the intention of embezzling a sum of money owned by the plaintiff through an information technology means, as stated in the papers. Further investigations showed that the beneficiary of the purchases made via the plaintiff's credit card was the defendant and that there was no relationship between the two parties. As the defendant appeared before the court but did not provide evidence that he had returned the amount, the court ruled that he be obligated to return the amount claimed. As far as the request for compensation is concerned, the court stated that the defendant had committed an error by unlawfully embezzling the amounts claimed, which resulted in material harm on the part of the plaintiff. Taking into consideration the moral harms that the plaintiff sustained due to what the defendant did as embodied by grief and sorrow, the court estimated the compensation due to be paid by the defendant to the plaintiff at Dhs3,000.
Gulf Today
18-05-2025
- Gulf Today
Intoxicated woman jailed for breaking a chair inside Dubai police station
Dubai Misdemeanour Court has sentenced an Eastern European woman to one month in jail, fined her Dhs3,500, and ordered her deportation after serving her sentence, following her conviction for damaging a chair inside a police station while under the influence of alcohol. According to case details, the woman was detained at a Dubai police station for abusing alcohol and during her detention, she caused a disturbance and deliberately broke a chair, engaging in confrontational behaviour with the policemen before referral to the Public Prosecution. During trial proceedings, the suspect denied the charges. Her lawyer requested an acquittal, arguing that there was no criminal intent and that her detention procedures were flawed. He also requested the court to show her leniency. The court rejected the defence, stating that the suspect was indeed responsible for her actions, and that being drunk does not eliminate criminal intent.
Gulf Today
12-05-2025
- Gulf Today
Maid fined Dhs3,000 for negligence after dog attacks child in Dubai
Dubai Misdemeanour Court fined an Asian maid Dhs3,000 after proving her negligence and failure to take necessary precautions to prevent a potential danger from a dog in her care, which attacked a child. The mother of the child filed a report stating that she resided in the Emirates Hills area and her 14-year-old son left the house, but upon entering the elevator, he was attacked by a dog inside, resulting in an injury to his right leg, so he was taken to the hospital for treatment. The child's mother noted that the dog was with the maid, who failed to take precautions to avoid the danger posed by the dog, leading to the attack on her son and his injury. During interrogation, the suspect denied the negligence charge, adding that the dog belonged to the homeowner, where she has been working as a maid for three months. She added that on the day of the incident, she was with the dog in front of the elevator on the sixth floor of the building, holding a leash tied to it but when the elevator door opened, the dog suddenly jumped inside and attacked the victim, causing his injury, so she immediately returned the dog to the apartment.
