Are you hoping to bring more excitement to your Eid Al Fitr celebrations? The UAE Lottery has just launched four brand new online scratch card games, giving you even more opportunities to win fantastic cash prizes ranging from Dh50,000 to an impressive Dh1 million. up to a whopping Dh1 million.

The New Scratch Card Games

Karak Kash – Just Dh5 for a chance to win Dh50,000! Perfect for those looking for a small entry price with big possibilities.
Fortune Festival – Celebrate your luck with this Dh10 game, featuring a top prize of Dh1 million.
Golden Dynasty – With Dh20, you could take home a whopping Dh300,000.
Mission Million – Dreaming of becoming a millionaire? This Dh50 game offers the ultimate jackpot of Dh1 million.

How to Play

The UAE Lottery emphasized that these new games are all about “adding even more fun and giving everyone a variety of ways to try their luck.” Players, however, are encouraged to practice responsible gaming by visiting www.theuaelottery.ae for guidance on setting limits, understanding odds, and staying in control of their play.

Nationally Regulated Lottery
As the UAE’s first and only federally licensed lottery, the UAE Lottery operates under the oversight of the General Commercial Gaming Regulatory Authority (GCGRA). With a growing portfolio of games, it continues to offer exciting opportunities for players across the country.

(Source: readwrite.com)

Exciting news for households, restaurants, and eateries across the UAE. Onions, a vital ingredient in countless dishes, are set to become more affordable. Thanks to India’s decision to abolish export duties on onions — its most significant export — this essential kitchen staple will soon be more accessible, making it easier for everyone to enjoy their favourite dishes at a lower cost.

The announcement, made yesterday (March 25 )by India’s Minister for Agriculture and Farmers’ Welfare, Shivraj Singh Chouhan, is expected to bring down onion prices across the GCC, including in the UAE, as well as in Bangladesh, Nepal, Malaysia, and Sri Lanka.

For months, high export duties — peaking at 40% before being reduced to 20% — had kept onion prices inflated. But with this duty now completely removed, experts predict a significant drop in onion prices, making them more affordable for shoppers across the region.

India, known as the world’s onion powerhouse, is the primary supplier to the Gulf states, where the vegetable is a must-have ingredient in countless dishes. Other major exporters include Pakistan, China, and Egypt, but Indian onions have long dominated the market due to their quality and availability.

Good News for Farmers Too!

While UAE consumers will benefit from lower prices, Indian farmers are also celebrating. The removal of export duties will allow them to sell onions at higher prices globally, boosting their income.

This move is part of India’s broader strategy to ease export restrictions on staple food items, which were previously imposed to control domestic inflation. The Indian government is now progressively revising these policies to support both farmers and international trade.

With onion prices expected to drop in UAE supermarkets in the coming weeks, shoppers can look forward to bigger savings on their grocery bills.

(Source: Wam)

The Central Bank of the UAE (CBUAE) has imposed financial penalties amounting to Dh2.62 million on five banks and two insurance companies for failing to comply with international financial reporting standards.

The fines were issued due to violations of the Common Reporting Standard (CRS) and the Foreign Account Tax Compliance Act (FATCA) guidelines, which require financial institutions to ensure accurate reporting and due diligence. Despite being given sufficient time to correct their processes, these institutions failed to meet the necessary compliance standards.

The CBUAE stated that these measures aim to strengthen the UAE’s financial sector by enhancing transparency and aligning with global efforts to prevent tax evasion. This step also reinforces the country’s reputation as a trusted international financial hub committed to best practices.

(Source: Wam)