UAE central bank sanctions exchange house for renting out licence
The Central Bank of the UAE (CBUAE) has sanctioned an exchange house operating in the country for allegedly renting out its licence. The administrative sanctions have been imposed on the company’s owner and general manager, pursuant to Articles 87 and 137 of the Decretal Federal Law No. (14) of 2018 regarding the Central Bank and […]
Mohammed bin Rashid issues law affiliating Dubai Media Inc. to Dubai Media Council
In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister, has issued Law No. (6) of 2022 affiliating Dubai Media Incorporated (DMI) to Dubai Media Council and endorsing its objectives, tasks, and organisational structure. DMI was established pursuant to Law No. (8) of […]
UAE: $217 fine for motorists fixing make-up, using phone, eating while driving
Abu Dhabi Police have warned drivers against activities that would distract them from the road while driving, which may cause serious road accidents. These habits include eating, fixing make-up for women, using mobile phones (speaking, browsing the Internet and texting) and taking photos or videos. Distracted driving is penalised with a Dh800 fine and four […]
Dubai: Issue involving Emaar CEO in India now solved, says spokesperson
Dubai’s Emaar Properties is aware of a media report that its Group Chief Executive Amit Jain has been detained in India, a spokesperson for the company said on Saturday. “Emaar is aware of reports regarding the Group CEO Amit Jain, over an issue relating to the company’s work in India. The issue has now been […]
UAE insurer banned from issuing new policies for a year
A UAE-based insurer has been slapped with administrative sanctions by the country’s central bank for failure to meet regulatory obligations. The banking authority confirmed on Thursday that it has prohibited the insurance company from issuing additional policies to new customers for a period of one year from the date of the notification. It also ordered […]
UAE Central Bank imposes sanction on insurance firm
The Central Bank of the UAE (CBUAE) has imposed an administrative sanction on an Insurance Company operating in the UAE, pursuant to the Federal Law No.6 of 2007 on the Organisation of Insurance Operations, as amended. On 18th May 2022, the CBUAE imposed a prohibition on the insurance company from issuing additional policies […]
UAE: Visa cancellation process after job loss or resignation explained
I might lose my job. If I have my family here in the UAE under my sponsorship, how does the company go about cancelling my visa? How long can I stay here? At the end of that period, how can my family and I continue staying here legally? Pursuant to your queries, it is assumed […]
UAE: Breaks during work hours mandatory under employment law
Question: I recently read about an employment rule in the UAE that mandates breaks for employees during work. Can you explain this to me? Is it a mandatory requirement? Where and how can I complain if my employer refuses to give me this option? Response: Pursuant to your queries, it is assumed that you are […]
UAE: Up to $136,000 fine for blackmailing, threatening others online
The UAE Public Prosecution has announced a minimum fine of Dh250,000 and a maximum penalty of Dh500,000 for threatening or blackmailing someone online. Violators will also be sentenced to prison for a maximum of two years. In a post shared on social media, the Public Prosecution said the penalties are aimed at combating electronic crimes […]
No UAE visa stamping on passports: Separate Emirates ID, residency renewal service suspended
The Federal Authority of Identity, Citizenship, Customs & Port Security (ICP) has announced the suspension of the separate Emirates ID issuance/renewal services for all categories of residents except for Dubai, starting from May 16, 2022. The authority pointed out that the unified form services will be used in applications or requests for issuance or renewal […]