A common concern among residents and business owners in the UAE is what to do when holding an old, uncashed cheque, especially one that’s worth a significant amount of money. A recent case sheds light ...

Dubai: Some UAE banks are flagrantly violating rules that prohibit them from taking blank cheques from customers who apply for personal loans or credit cards, XPRESS has learnt. The UAE Central Bank ...

The cheques were found to be linked to an account that had been closed for years Dubai: The Dubai Court of Appeal has overturned a one-year prison sentence issued by the Court of Misdemeanours against ...

DUBAI, July 5 (Reuters) - A Sharjah court has adjourned until July 11 a case involving the founder of private equity firm Abraaj, Arif Naqvi, and another executive for issuing a cheque without ...

Some banks in the UAE are holding back guarantee cheques even after customers clear their dues and close or cancel their credit cards, reported 'Al Khaleej' newspaper. Customers who sought guarantee ...

Monthly rent payments are becoming a real option for residents, with industry leaders saying the shift from the long-standing cheque-based rental system could change how millions of people manage ...

The witness said he had been accompanying the businessman during the latter’s business trips outside Egypt. “He (Al Boushi) usually gives cheques to his clients in Egypt. “I don’t recall him issuing a ...