Author: dailyguardian.ae

A former finance executive in Dubai has been fined Dh122,000 for being involved in account breaches and making misleading statements for a publicly listed company, the emirate’s Financial Services Authority (DFSA) said in a decision published on Thursday. The DFSA identified him as Remi Ishak, who served as the chief financial officer of Equitativa and Emirates REIT, a public fund and Nasdaq Dubai-listed fund whose portfolio of properties is composed of commercial, retail, and educational assets. In December 2021, the DFSA penalised Equitativa for making misleading statements in relation to the Emirates REIT; not preparing financial statements in accordance with…

Dear Parents, Responding to one of my earlier letters in this space, a millennial mother wrote to me about how “parenting has become more difficult now than ever.” This has become a new age maxim among parents who in a multitude of voices echo the frustrations of bringing up children amidst umpteen influences. Was parenting easier in the past? Perhaps not, but the challenges might have been different and the fact that they were tackled at domestic levels and we all grew up to be successful people in our own right proves how present-day challenges too can be handled with…

Opener Travis Head hit a sparkling 137 to power Australia to a record-extending sixth World Cup title with a convincing six-wicket win over India in Ahmedabad on Sunday. Chasing a tricky 241 for victory in the final, Australia slipped to 47-3 before the left-handed Head hit his second century of the tournament to steer the team home with seven overs to spare. Head’s knock and his marathon stand of 192 with Marnus Labuschagne, unbeaten on 58, ended India’s dominant run of 10 unbeaten matches at the event. Head fell after his 120-ball knock laced with 15 fours and four sixes…

You may be familiar with Alienware for its high-end gaming laptops and gaming PCs, but you might not know that it also creates some high-end monitors as well. And because of all the Black Friday deals floating around, we’ve found some good discounts on Alienware’s monitors, such as this one on the Alienware 34 Curved QD-OLED. In fact, this one is coming directly from Dell and brings the $1,000 price tag down to $800, which is a nice $200 discount. Why you should buy the Alienware 34 Curved QD-OLED monitor Wide-screen gaming monitors can be quite immersive, and that’s just…

National Bank of Umm Al Quwain (NBQ) reported a net profit of Dh255 million in Q2 of 2023, reflecting a 54 per cent increase compared to Dh165 million in Q2 of 2022. Cost-to-income ratio is 20.58 per cent, reflecting a 880 basis point year-on-year improvement, indicating the bank’s operational efficiencies and disciplined cost management. The bank’s impairment coverage ratio, including collateral, improved to 254 per cent as of June 30, 2023, from 183 per cent as of December end. Total assets of the group reached Dh14.06 billion as of June 30, 2023, reflecting a 3 per cent increase compared to…

A tropical cyclone brewing in the Arabia sea will have an “indirect effect” on the UAE, the National Centre of Meteorology (NCM) has said. Moisture from the sea will flow into the country’s east and south, resulting in cumulus clouds accompanied by rain. This came as the authority issued an update about Cyclone ‘Tej’. It is currently a category 2 cyclone with wind speeds of 165-175kmph. Tej is expected to deepen into a category 3 cyclone in the next 24 hours with wind speeds of up to 190kmph. The NCM said it is monitoring the situation around the clock and…

The rental car industry is undergoing a transformative shift as entry-level sedans and mid-level Chinese SUVs gain immense popularity due to their impressive features and cost-effectiveness compared to traditional manufacturers. These vehicles are not only offering an array of advanced features but also capturing the hearts of customers, reshaping the landscape of the car rental market. In recent years, SUVs have emerged as the preferred choice in the car rental market, showcasing exceptional performance and versatility. These vehicles come packed with a wide range of features that appeal to renters looking for both safety and entertainment options. Unlike traditional manufacturers,…

Monday for the ladies Café Society in Dubai Marina offers a special deal for ladies every Monday, providing a 50 per cent discount on the entire menu. With luxurious interiors and comfortable seating, it’s an ideal spot for a gathering with friends. The menu includes various culinary delights like Eggs Benedict, Caprese Salad, Chicken Piccata, and more. The offer is available from 9 AM to 11 PM. For reservations or more information, contact the restaurant via phone or email, or visit their website. Free hotdogs Sausage Saloon is celebrating its 26th anniversary and inaugural year in Dubai from November 20…

Novak Djokovic claimed yet another record on Sunday with his seventh ATP Finals title, sweeping aside local hero Jannik Sinner 6-3, 6-3 in Turin and leaving tennis fans wondering when he will relinquish his tennis dominance. Djokovic came into the Finals at the end of an age-defying year which has brought three Grand Slams, taking his total to an all-time best of 24, and a 40th Masters 1000 title. He will clock a 400th week at world number one after crowning an incredible season — in which he also reached the Wimbledon final — by moving clear of retired great…

t GoPro is the go-to action camera brand for adrenaline junkies and outdoor lovers, so there’s always high demand for GoPro Black Friday deals. The latest release, the GoPro Hero 12 Black, was just rolled out in September, but surprisingly, its price has already been slashed for the shopping holiday with a $50 discount from Best Buy, so it will be yours for $350 instead of $400. We’re not sure how long this offer will remain online though, so if you want to get the action camera for cheaper than usual, you should proceed with the purchase immediately. Why you…