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Ramadan 2022: Union Coop to offer 75% discount on 30,000 items

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Ramadan offers are up for grabs.

Over 30,000 items will be available at a discount of 75 per cent during Ramadan, Union Coop has said.

The largest consumer cooperative has allocated Dh185 million to lower the prices of these items.

Khalid Humaid Bin Diban Al Falasi, CEO of Union Coop, pointed out that the prices will be brought down between 25 per cent and 75 per cent on a long list of products. The discount campaign will continue for 52 days.

Al Falasi reportedly pointed out that the retail major has earmarked Dh10 million more for price reduction for this Ramadan as compared to last year.

The campaign will be carried out across all 23 branches and four commercial centres from March 13 to May 3, 2022.

He underlined that this is the biggest discount campaign since it includes six promotional campaigns in which the percentages of discounts will reach up to 75 per cent.

In addition, the retailer will also offer special rates and packages for its Gold Tamyaz cardholders such as bulk buying.

“Union Coop has allocated Dh185 million from its profits for the holy month of Ramadan campaign to reduce the prices of 30,000 food and consumer goods, from which the cooperative will allocate a large number of products to be sold at wholesale prices,” Al Falasi added.

The discount in the Union Coop won’t affect the quality standards and specifications of the products and commodities, he said.

Moreover, Union Coop will provide the delivery feature for purchases and orders made through its app and the Website.

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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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