The owner of Atlas, a jewellery chain in the GCC and India, has been sentenced to three years in jail for issuing two bounced cheques. Reports say MM Ramachandran wrote a cheque for AED 4 million and another one for AED 30 million to a local bank. The bank filed a complaint against the Indian businessman after he failed to settle outstanding dues in August, leading to his arrest in Dubai. Ramachandran’s lawyers are expected to appeal the ruling.
Dubai Free Zones council highlights 2024 achievements and future plans
The Dubai Free Zones Council (DFZC) has confirmed that the performance of Dubai's free zones in 2024 is a result of their ongoing commitment to economic diversification, aligning with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai.
UAE leaders condole Azerbaijan over victims of air crash
President His Highness Sheikh Mohamed bin Zayed Al Nahyan and other Emirati leaders expressed solidarity with Azerbaijan over the Azerbaijan Airlines plane crash in Kazakhstan, which killed and injured dozens.
Travel time in Dubai's Nad Al Sheba cut by up to 60%
Dubai’s Roads and Transport Authority (RTA) has completed a series of traffic improvements in the Nad Al Sheba area, designed to boost road efficiency and ease congestion.
H.H. Sheikh Mohammed calls for bold approaches to enhance UAE’s global status
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, stressed the importance of bold, innovative approaches to maintain the UAE’s global leadership in sustainable development.
