Latest news with #Dhs5
Gulf Today
a day ago
- Business
- Gulf Today
AUS, BEEAH launch professorship in eco innovation
In a significant move that reaffirms the UAE's position at the forefront of sustainability and environmental innovation, American University of Sharjah (AUS) and BEEAH have signed an agreement to establish the BEEAH Professorship in Environmental Innovation and Sustainable Development at AUS. Backed by a generous Dhs5 million investment from BEEAH, the professorship aims to accelerate breakthrough research and equip future leaders with the tools to shape a more sustainable world. The agreement was signed at the AUS campus by Dr. Tod A. Laursen, Chancellor of AUS, and Khaled Al Huraimel, Group Chief Executive Officer and Vice-Chairman of BEEAH, in the presence of Sheikha Bodour Bint Sultan Al Qasimi, President of AUS, and representatives from both institutions. 'This partnership with BEEAH is a strategic alignment of vision and values. It reflects our shared commitment to addressing the world's most pressing environmental challenges through knowledge, innovation and leadership,' said Dr. Laursen. 'The BEEAH professorship will empower AUS to deepen its research agenda while preparing our students to lead in an increasingly complex, sustainability-focused global landscape.' 'To solve our collective challenges as society and drive sustainable progress at scale, education, research and innovation are essential. BEEAH's educational initiatives in these areas and our long-time strategic partnership with AUS are a testament to that fact,' said Al Huraimel. 'The new professorship marks a major step forward in our shared journey of collaboration, unlocking a new opportunity for academic excellence, groundbreaking research and transformational leadership dedicated to sparking innovations for a sustainable tomorrow.' The professorship will serve as a cornerstone for advancing research in climate resilience, environmental sustainability and sustainable urban development. It will also foster innovation in key areas such as renewable energy, waste management, smart cities and the circular economy — while equipping the next generation of leaders with the knowledge and tools to drive impactful environmental change. AUS is ranked first in the UAE for environmental sustainability (QS World University Rankings 2025) and has been named a Sustainability Tracking, Assessment and Rating System (STARS) Gold Institution by the Association for the Advancement of Sustainability in Higher Education (AASHE) based on its accomplishments in campus sustainability. Reem Bardan, Executive Director of Advancement and Alumni Affairs at AUS, said: 'What makes this partnership truly meaningful is its consistency and depth. BEEAH has stood by AUS across many milestones — sponsoring flagship campus events, engaging with our students and supporting initiatives that align with our academic and institutional goals. This professorship represents a natural progression in a relationship built on mutual trust, shared values and long-term commitment. It is yet another example of how strong, sustained partnerships can create lasting impact for our students, faculty and the broader AUS community.' This new professorship builds on AUS' growing portfolio of academic positions that support faculty excellence and long-term research impact. As part of its broader research strategy, AUS continues to attract prestigious investments that reinforce its role as a regional leader in innovation and academic advancement. For more information about AUS' professorships and chairs, visit .
Gulf Today
2 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.
Time Out Dubai
3 days ago
- Automotive
- Time Out Dubai
Parking in Dubai: A guide to permits, paid parking and do's and don't's
Listen up, motorists. Whether you're a seasoned Dubai driver or this is your first time getting behind the wheel, we all need somewhere to stop. When it comes to parking in Dubai, the city isn't short of spaces and there are plenty of options on where to leave your car. However, what you might not know, is that there are different rules (and different prices) depending on which location you choose. From multi-story car parks to malls, this is everything you need to know about parking in Dubai. Parking in Dubai: Your go-to guide Paid parking in Dubai Public parking in Dubai is organised and managed by Parkin, a company 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. If you want to understand exactly how much your stay will cost, you can find a full breakdown of the tariffs in each zone here. Some areas of the city are not covered with public parking fees, however, this can be subject to change. Most recently, Parkin introduced two new paid zones in Mirdif, operating between 8am and 10pm from Monday to Saturday. Parkin also operates six multi-storey car parks in Dubai, which provide 3,200 parking spaces. Tariffs at these multi-storey car parks are priced at Dhs5 per hour and be chargeable all around the clock every day of the year. Anyone who parks for more than eight hours in a multi-storey in any 24-hour period will be charged a maximum of Dhs40. Parking in Dubai: Permits If you're looking to obtain a parking permit in Dubai, you can do so through the RTA's website. As well as paying public parking fines, the online RTA portal allows you to apply for or renew a parking permit. There are a range of permits available, from permits for people of determination, to Emirati citizens and even for contracting or within a residential are in specific circumstances. You can learn more about different types of permits on the RTA website. Mall parking in Dubai If you're heading for a well deserved spot of retail therapy, you should note that there are different parking rules and fees depending on which mall you choose. Dubai Mall (Credit: Dubai Mall) The iconic mall recently changed from offering free parking and is now running a paid system in collaboration with Salik. If you like this: Here's what you must know about Salik tolls The toll gate company's technology is now being used to offer a barrier-free parking experience for shoppers, through the use of vehicle plate recognition. If you receive a charge, it will be linked with your digital Salik account. Parking is still free for the first four hours of Monday to Thursday, and for the first six hours between Friday and Sunday. But after four hours you will pay the following: Weekdays (Monday to Thursday) 4 – 5 hours: Dhs20 5 – 6 hours: Dhs60 6 – 7 hours: Dhs80 8 – 12 hours: Dhs100 12 – 24 hours: Dhs500 24 hours+: Dhs1,000 Weekends (Friday to Sunday) 6 – 7 hours: Dhs80 7 – 8 hours: Dhs100 8 – 12 hours: Dhs200 12 – 24 hours: Dhs500 24 hours+: Dhs1,000 There are currently a selection of car parks at Dubai Mall, including Fashion Parking, Cinema Parking and Zabeel Parking. However, Grand Parking is currently closed as part of the mall's ongoing expansion plans. Mall of the Emirates Mall of the Emirates (Credit: Mall of the Emirates) There are now no barriers at Mall of the Emirates car parks, meaning you can drive straight in and enjoy four hours free parking. If you stay over the allotted time, you will receive an SMS with the link to pay the fees through Parkin. You have three days to sort the payment, or you'll receive a fine. However, if you want to stay longer, you can validate all-day free parking if you spend Dhs150 in the mall and validate at a customer service desk (so keep a hold of those receipts). Weekend parking is also free, and the current weekday prices are as follows: 0 – 4 hours: Free 4 – 5 hours: Dhs20 5 – 6 hours: Dhs40 6 – 7 hours: Dhs60 7 – 8 hours: Dhs100 8 hours+: Dhs150 BurJuman Mall Also using a ticketless system, parking at BurJuman Mall is free for the first three hours. Following this time, you'll be charged Dhs20 for each additional hour or part of. However, there is completely free parking every Sunday and on public holidays. If you're using the VOX Cinema inside the mall, you can get an extra three hours of free parking, but remember to validate at the VOX ticket counter before you leave. City Centre Deira Parking is completely free on Sundays and public holidays at the Deira mall, but you will have to pay if you stay for a longer period during the week. Monday to Saturday: 0 – 3 hours: Free 3 – 4 hours: Dhs20 4 – 5 hours: Dhs40 5 – 6 hours: Dhs60 6 – 7 hours: Dhs100 7 hours+: Dhs150 24 hours: Dhs350 Lost ticket: Dhs150 Overnight parking (4am – 6am): Dhs200 City Centre Mirdif Parking is completely free at City Centre Mirdif. Parking fines in Dubai Parking fines in Dubai vary on the type of parking violation and the penalty begins from Dhs100. Currently, the RTA lists the following penalties, which you can pay up here. Non-payment of parking fees – Dhs150 Exceeding parking time – Dhs100 Exceeding maximum parking hours – Dhs100 Misuse of parking facility – Dhs200 Vehicle is crossing or blocking pavement – Dhs200 Using a forbidden parking – Dhs200 Parking a vehicle that does not have a plate number – Dhs1,000 Parking the vehicle in a reserved parking or not presenting a permit – Dhs1,000 Living in Dubai? Driving in Dubai? Here's what you must know about Salik tolls And how it can cost you Dubai Mall announces car park closure: The important update you need to know It's part of the mall's ongoing expansion plans Two new paid public parking zones announced in Dubai Does this change your next journey?
What's On
3 days ago
- Automotive
- What's On
You can now pay for parking using your Salik account
Salik is offering ticketless parking to residents of Deira Enrichment Project… In the latest from a slew of road network and parking updates in the city, Salik has now introduced ticketless parking for residents and visitors of the Deira Enrichment Project. A new ticketless system implemented through Salik's partner firm Parkonic will allow some residents to enter and exit parking zones using their vehicle licence plates as digital tickets. No need for physical tickets or payment apps. Residents can have a yearly membership through Parkonic's app, costing Dhs5,000. Surprisingly, visitors can also have an annual membership, albeit a little pricier, for Dhs7,500, both of these prices excluding a five per cent value-added tax. Including VAT, an hourly parking costs Dh5 and Dh25 for overnight, including VAT across eleven districts. Parkonic, like Parkin, is one of the largest private parking operators in the UAE. Salik has collaborated with them to enhance parking and payment systems across the UAE by eliminating the need for apps and tickets and using Salik's e-wallet system. According to a report by Khaleej Times, the partnership is based on a five-year contract, during which the collaboration will result in the integration of Salik's e-Wallet into 107-plus locations under it's operation and any future locations it may operate in the UAE. Earlier this year, Salik introduced variable toll pricing. The new dynamic pricing applies for all days of the year, except Ramadan, which will have separate rates, and was implemented starting January 31, allowing motorists to travel toll free in certain passages of time in the day. Adjustments have been made according to peak and non-peak weekdays, the toll sits at Dhs6 during morning peak hours (6am to 10am) and evening peak hours (4pm to 8pm). During off-peak hours, between 10am and 4pm, and from 8pm to 1am, the toll is Dhs4. On Sundays, excluding public holidays, special occasions, or major events, the toll is Dhs4 throughout the day and free from 1am to 6am. @ Images: Getty > Sign up for FREE to get exclusive updates that you are interested in
Gulf Today
5 days ago
- Gulf Today
Man obligated to pay Dhs10,000 compensation for issuing bounced cheque with malicious intent
Abu Dhabi Family, Civil, and Administrative Cases Court ordered a man to pay Dhs10,000 in compensation to another after issuing a Dhs50,000 bounced cheque with malicious intent. The man filed a lawsuit against the other, demanding Dhs50,000 as compensation for material damages (the cheque value) and an additional Dhs50,000 for moral damages, along with legal interest. The plaintiff based his claim on the fact that the appellee had been convicted in a criminal case and fined Dhs5,000 for issuing a bounced cheque with malicious intent. He submitted the judicial rulings, a certificate of non-appeal, and a reconciliation decision as evidence. The court affirmed that the appellee's fault was established by a previous criminal judgment, which caused the plaintiff both material and moral harm. The judgment confirmed that the appellee had issued a Dhs50,000 cheque without sufficient funds, leading to a Dhs5,000 fine and that the ruling was final. The court clarified that the criminal judgment conclusively established the appellee's wrongdoing, preventing the court from re-examining the facts or disputing the ruling. The court found that the plaintiff had indeed suffered harm due to the appellee's action, including the issuance of a worthless cheque, which led to legal proceedings, expenses, and emotional distress. Accordingly, the court awarded the plaintiff Dhs10,000 as compensation for both material and moral damages.
