What the new bank fee caps mean for UAE customers

The decision by the Central Bank of the UAE to cap fees and commissions has been lauded by personal finance experts for bringing transparency to the banking industry and ensuring customers are better protected. Under the new guidelines, fees on retail ... ( read original story ...)

Global financial firms join DIFC community

Dubai International Financial Centre (DIFC), said on Tuesday that three new major international companies; Berkshire Hathaway, State Street Global Advisors, and Maybank Islamic have set up shop in the Financial Centre. Berkshire Hathaway Specialty ... ( read original story ...)

Free UAE transit visa for tourists ‘good for economy’

The visa, which can be obtained at express counters across UAE airports, can be extended for up to four days for a minimal fee of Dh50. According to travel specialists interviewed by Gulf News, the announcement has stirred up a lot of interest from ... ( read original story ...)

Sexual abuses rampant in UAE-controlled prisons in Yemen

The next three days were the same routine. On Fridays, it was time for solitary confinement. From inside a Yemeni prison controlled by the United Arab Emirates — a top U.S. ally — a Yemeni detainee held without charges chronicled torture and sexual ... ( read original story ...)

Dubai’s Emirates to operate one-off A380 to Muscat

Dubai carrier Emirates will operate a one-off Airbus A380 service ... Read: Video: Muscat’s new airport readies for first flights It will have 429 economy class, 76 business class and 14 first class seats. “It is a very important destination for ... ( read original story ...)

In the zone – Doing business in Dubai

On behalf of New Business, Kitty Vine of Markettiers, interviews Guatam Sashittal, the chief exec of Dubai Multi Commodities Centre, for New Business The DMCC Free Zone is home to over 14,000 businesses, ranging from multinational corporations to start-ups ... ( read original story ...)