Using cheques for financial transactions is one of the most widely used methods to cash-out, deposit money in a bank or even pay rent in Dubai. In doing so, it is common practice that the account holder ensures he has sufficient funds when issuing the cheque in order to avoid dishonoring or ‘bouncing’ the cheque. [...]

Cryptocurrency, also known as digital or virtual currency, has quickly made a name for itself in the market. Relying solely on blockchain technology, cryptocurrency attracts its consumers due to its decentralised nature. This means that the transfer of funds from one person to another no longer requires a third party (such as the bank) to [...]

Jail terms imposed on people who insult the Emirati president were raised from a maximum of five years to 15 to 25 years. Meanwhile, insulting the UAE, its flag, national logo, leadership or institutions will carry a jail term ranging between 10 and 25 years and a fine of at least 500,000 dirhams.

According to the new law​ using abusing language against a person is a criminal offense punishable by up to one year in prison or a fine of up to 10,000 dirhams. The penalty becomes more severe if the language is published or directed at a public officer.