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No need to keep Dh5,000 minimum balance in your account, says UAE Central Bank

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If you were worried about keeping more money in your bank account, there’s some relief.
The Central Bank of the UAE (CBUAE) has asked all banks to put a hold on plans to increase the minimum balance requirement for retail customers from Dh3,000 to Dh5,000.

According to a circular issued on Tuesday, CBUAE has instructed banks to suspend minimum balance requirements until further notice.

Why Was the Increase Planned?

Last week, several UAE banks announced they would raise the minimum balance to Dh5,000. This followed existing guidelines under the Central Bank’s loan regulations, which set Dh3,000 as the current threshold.

However, the Central Bank has now decided to hold the increase while it studies the potential impact on the local labour market, especially on lower-middle-income employees who may struggle to maintain higher balances without incurring fees.

What This Means for You:

  • No change for now: You can continue to maintain a minimum balance of Dh3,000 without penalty.
  • No new service fees related to the Dh5,000 rule will be applied.
  • The Central Bank is monitoring the situation closely and will update banks once a final decision is made.

With over 35 years of experience in journalism, copywriting, and PR, Michael Gomes is a seasoned media professional deeply rooted in the UAE’s print and digital landscape.

Announcements

DP World ILT20 Season 4 player auction set for September 30

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The DP World International League T20 Player Auction for Season 4 will be held on Tuesday, 30 September in Dubai. The six tournament teams will each get the opportunity of adding 13 players each (a total of 78 players) to their Season 4 squads at the auction. Players interested in appearing for the Player Auction can register here. The last date of registration is Wednesday, 10 September.

The six franchises will have a combined purse of USD 4.8 million to spend at the Player Auction. Details about the available budgets for the teams (including the remaining budgets from their direct signing allotment which can be used in the Player Auction), the auction order and the players list will be shared in due course.

DP World ILT20 CEO David White: “We are delighted to confirm the DP World International League Season 4 Player Auction date – Tuesday, 30 September. The auction is a big milestone for the league as we continue to grow as a world-class T20 tournament. The auction will be a great opportunity for our franchises to add local and international firepower to their Season 4 squads.

“For the UAE players, the ACC Asia Cup 2025 – September 9-28 in the UAE – is a massive opportunity for making a global impression ahead of the Player Auction. The players will have incredible exposure in the continental championship where they will be pitted against some of the top-ranked T20 teams.
“We are also set to play the third edition of the DP World ILT20 Development Tournament from later this month which – alongside the Asia Cup – is another platform for the local players to impress ahead of the Player Auction.” The DP World ILT20 Player Auction is the second phase of squads’ selection for Season 4. Earlier this month, the teams completed their new signings and retentions – a total of eight players per team. The list of those selections is available below.

DP World ILT20 Season 4 – Season 4 squads so far:

Abu Dhabi Knight Riders: Alex Hales, Alishan Sharafu, Andre Russell, Charith Asalanka, Liam Livingstone, Phil Salt, Sherfane Rutherford and Sunil Narine

Desert Vipers: Andries Gous, Dan Lawrence, David Payne, Khuzaima Bin Tanveer, Lockie Ferguson, Max Holden, Sam Curran and Wanindu Hasaranga

Dubai Capitals: Dasun Shanaka, Dushmantha Chameera, Gulbadin Naib, Luke Wood, Muhammad Jawadullah, Rovmann Powell, Shai Hope and Waqar Salamkheil.

Gulf Giants: Aayan Afzal Khan, Azmatullah Omarzai, Blessing Muzarabani, Gerhard Erasmus, James Vince, Mark Adair, Moeen Ali and Rahmanullah Gurbaz.

MI Emirates: AM Ghazanfar, Chris Woakes, Fazalhaq Farooqi, Kamindu Mendis, Kusal Perera, Romario Shepherd, Tom Banton and Muhammad Waseem

Sharjah Warriorz: Johnson Charles, Tim Southee, Tom Kohler-Cadmore, Maheesh Theekshana, Saurabh Netravalkar, Sikandar Raza and Tim David
The DP World International League T20 Season 4 will begin on Tuesday, 2 December – UAE National Day (Eid-Al-Etihad) with a blockbuster opening, the six-team, 34-match tournament will conclude with the final on Sunday, 4 January 2026.

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UAE travel: Emirates adds Hangzhou to its China network 

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The UAE’s flagship carrier launched its new daily service to Hangzhou on  Wednesday, marking yet another milestone in its growing network across China. The move comes hot on the heels of its recent route launch to Shenzhen, making Hangzhou the second new mainland destination in just under a month.

Flight EK310 touched down at Hangzhou Xiaoshan International Airport to a warm welcome – complete with a traditional water cannon salute and greetings from local officials and dignitaries. Passengers on the inaugural flight didn’t leave empty-handed either. They were treated to souvenir keychains, flight certificates, and Chinese tea tasting sets to mark the occasion.

The new route is operated on a Boeing 777-300ER, with flight EK310 departing Dubai at 9:40am and reaching Hangzhou by 10:00pm. The return leg, EK311, takes off from Hangzhou at 12:10am, landing back in Dubai by 4:55am, making it a convenient overnight hop for business and leisure travellers.

With this addition, Emirates now flies 49 times a week to five major Chinese cities: Beijing, Shanghai, Guangzhou, Shenzhen, and now Hangzhou.

Thanks to seamless connectivity through Dubai, travellers from over 40 European cities, 21 in Africa, and others in the Middle East and South America can now easily access one of China’s key tech and business hubs. The route also enables convenient two-way travel between Hangzhou and global cities like Istanbul, Cairo, Johannesburg, and Barcelona.

Best of all? UAE and GCC nationals can visit China visa-free for up to 30 days, making spontaneous business trips or leisure breaks even easier.

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Self.space puts the power of photography in your hands

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Forget Snow White’s mirror — this one doesn’t compare, doesn’t critique, and answers only to you. Introducing self.space, a revolutionary sealed-room mirror photography studio that’s as private as your thoughts and as flattering as your best angle.

In a region where modesty and privacy are deeply valued, self.space is reimagining the photoshoot experience. No photographers. No spectators. No pressure. Just you and a smart mirror, inside a sound-insulated, self-directed studio designed for complete comfort and control.

Traditional photoshoots can feel intimidating — unfamiliar surroundings, judgmental eyes, and the pressure to perform. self.space changes that. Walk into a sleek studio, close the door behind you, and watch the privacy light switch on. Now it’s just you — free to pose, express, and capture your image on your terms.

“We found that people reject photos not because they lack beauty or talent — but because tension stays on their faces,” say co-founders Mitia Muravev (Founder & CEO) and Peter Bondarenko (Founder & CPO). “That tension is stronger in the Arab world, where privacy and modesty are part of daily life.” Mitia drives the brand’s vision and partnerships, while Peter leads the tech — from embedded cameras and edge AI to full-stack infrastructure. Together, they’ve created more than a photo studio — they’ve packaged confidence.

How it works:

  1. Walk in – Door closes, privacy light turns on.
  2. Capture – Use the remote to take unlimited shots.
  3. AI Perfects – Instant, natural-looking touch-ups preserve your true look.
  4. Gallery Ready – A secure link to your encrypted gallery is sent to your phone before you leave.

Whether you want professional portraits, personal mementos, or a quiet moment of self-reflection, self.space offers something rare: a private, pressure-free space to simply be yourself — and love what you see.

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