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Carlsen ‘excited’ about chess league debut in Dubai

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World Rapid Chess champion Magnus Carlsen is looking forward to the “exciting prospect” of the upcoming Global Chess League (GCL) in the UAE. A joint venture between Tech Mahindra and world governing body FIDE, the GCL will feature Carlsen, a former five-time world chess champion, as an icon player.

With six teams, the inaugural edition of the GCL will be held from June 21 – July 2 at the Dubai Chess & Culture Club in association with the Dubai Sports Council. Grandmaster Carlsen said: “It is an exciting prospect for me to be a part of. This will be something new. Something that has not been done this way in over-the-board chess. I am looking forward to exploring this format in the future.”

Magnus Carlsen is the reigning Rapid Chess world champion.

The league will see each of the six franchises play a total of 10 matches in a double round-robin format, with the winner of each match being decided in a best-of-six board scoring system played simultaneously. The top two teams will qualify for the final and be crowned the World Champion Franchise Team.

Carlsen, who is known for his experimental views on chess, believes that team format matches are something that he really prefers. “Personally I very much enjoy team events and the team spirit within the group. I am looking forward to meeting the other players in the team, and competing with and against the exciting young generation of Indian players. One of the really good things about this tournament is that men and women can compete against each other at the same stage.”

Carlsen also rated the Indian talent that is coming through very highly by saying, “I think India is doing a lot of right things so far, and it is a matter of time before it is clearly the leading chess nation in the world.”

Hailing Tech Mahindra’s involvement with the league as a welcome move, Carlsen said: “I am happy that an ambitious partner like Tech Mahindra has joined the chess ecosystem. I believe this is a positive move for chess.”

Finally, in the conversation, Grandmaster Carlsen also reminisced about his best memories from his chess journey and said that he is thankful for his family’s support. “My family has always been very supportive without ever pushing me, and for that, I’m very grateful. The year we travelled together when I was 13, earning my Grandmaster norms, will always be a fond memory,” he said.

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UAE Central Bank fines local bank Dh3 million over anti-money laundering failures

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The Central Bank of the UAE (CBUAE) has imposed a financial penalty of Dh3 million on a local bank for failing to comply with anti-money laundering (AML) regulations.

The fine was issued under Article 14 of Federal Decree Law No. (20) of 2018 on Anti-Money Laundering and Combatting the Financing of Terrorism and Illegal Organisations, as well as Article 137 of the Decretal Federal Law No. (14) of 2018 concerning the Central Bank and regulation of financial institutions.

The CBUAE said the penalty followed an investigation which found that the bank had not met regulatory requirements outlined in UAE legislation to combat financial crime.

In a statement, the Central Bank reaffirmed its commitment to maintaining the transparency and integrity of the country’s financial system. “We continue to supervise and regulate all licensed financial institutions to ensure full compliance with UAE laws, regulations, and standards,” the authority said.

The name of the bank was not disclosed.

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Dubai’s RTA steps up inspections of buses to ensure safety

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Dubai’s Roads and Transport Authority (RTA) has urged transport operators to strictly follow regulations covering all modes of passenger transport, including chartered buses, tourist services, and international bus trips.

This comes after RTA completed over 15,500 inspections targeting operators in these sectors, as part of ongoing efforts to raise service standards and ensure safety.

“The inspections weren’t just about issuing violations,” said Saeed Al Balooshi, Director of Passenger Transport Activities Monitoring at RTA. “They’re designed to improve service quality and ensure operators meet the rules that keep Dubai’s transport sector running smoothly.”

Checks included verifying safety measures onboard and ensuring all required licences were in place. The RTA also teamed up with other authorities, including Dubai Police and the General Directorate of Residency and Foreigners Affairs at Hatta Border Post, to tackle misuse and irregularities in cross-border transport services.

Al Balooshi added that the authority is using new technologies to make inspections more effective by analysing violations and measuring the impact of enforcement campaigns. “Our goal is to ensure a reliable and high-quality experience for residents, visitors, and tourists, and to protect the reputation of Dubai’s public transport sector,” he said.

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New paid parking zones announced in Abu Dhabi

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Residents and motorists in Abu Dhabi should take note: new Mawaqif paid parking zones have been activated in several areas across the city, Q Mobility announced on Thursday, July 10.

The newly introduced paid zones include:

  • Eastern Mangroves
  • Dolphin Park
  • Al Khaleej Al Arabi Street sectors – specifically at Al Khaleej Al Arabi Park 1, 2, 4, and 5
  • Al Qurm Plaza

The rollout of the Mawaqif system in these areas is now officially in effect, aligning with Abu Dhabi’s parking regulations.

  • Standard Parking – black and blue curbs:
    • Dh2 an hour
    • Dh15 for 24-hour parking
  • Premium Parking Abu Dhabi – white and blue curbs: AED 3 an hour

According to Q Mobility, this move is part of ongoing efforts to better regulate vehicle movement, ease congestion, and improve the overall efficiency of public parking across the emirate. The changes follow the completion of infrastructure upgrades such as curb painting, installation of directional and awareness signage, and public notifications.

The company has also encouraged drivers to make use of the Darb app for digital payment and to carefully follow posted instructions to avoid fines.

The expansion of Mawaqif is part of a broader strategy aimed at improving traffic flow and providing smarter, more streamlined parking solutions within Abu Dhabi Island and beyond.

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