Readers will probably have noticed over the years that I spend a lot of my time in the Dubai International Financial Centre, and for very good reasons.
The DIFC truly is the emirate’s financial hub, and convenient for getting to any other part of the city where you might have business. Equally it is a great place to arrange meetings, from the informality of the Dome Cafe (where I usually hang out) to the rather grander (although still relatively laid-back) environs of the Capital Club.
So all well and good, except for a few defects that could easily be set right with just a little bit of encouragement and direction from DIFC authorities.
Perhaps the most glaring absence is this: that in the financial heart of Dubai, it is nearly impossible to do any serious banking business. As far as I’m aware, none of the big UAE banks has a branch in DIFC.
This may be for official reasons, something to do with the onshore-offshore divide of the DIFC and its surrounding commercial areas. But it is a real inconvenience.
Sure, you can take cash from the many ATMs in the centre, and it may be possible to deposit cheques at some of them. But try anything more complicated, like paying in cash or getting hold of a printed and stamped statement (on which many credit suppliers and other bodies still insist) and it is impossible.
I have to leave the supposed financial centre and head out to the wilds of Creek-side Bur Dubai to do anything more complicated than a hole-in-the-wall transaction.
The next omission from the list of services provided by the DIFC is equally annoying: there is no decent newsagent, stationer or bookshop in the centre at all.
You can get some newspapers from the outlets that double as sandwich stores in the main concourse, and maybe a copy of Ahlan or something similarly peripheral. But try buying a book, or such an arcane thing as a notebook and it's a lost cause.
There used to be a branch of Borders, which because the chain appears to be rapidly turning itself into a children’s toy store, was barely adequate. But there must be demand among such a sophisticated, literary clientele as frequents the DIFC for a proper bookshop.
Why can’t Kinokuniya, the fantastic book emporium in The Dubai Mall, open a second branch in DIFC? It would be a roaring success, I’m sure.
Finally, where’s a chap supposed to get a haircut in the DIFC nowadays? There used to be a ladies and gents’ hairdresser in the main underground drag, but that closed without warning or explanation a few months back.
A boarded-up site nearby proclaims: “Coming soon: men’s barber shop”, but that has been there months with no sign of imminent activity.
On the other hand, I have found a new venue for refreshment that ranks among the best in Dubai. The Cafe Belge, on the ground floor of the Ritz-Carlton and easily accessible from the DIFC’s central Gate area, is surely one of the best informal restaurants in town.
The menu is great, and by no means restricted to the traditional Belgian moules frites. Dinner recently was a journey across northern Europe, with some delicious seafood followed by some distinctly Germanic-looking “fleisch”.
The best part of the art-deco cafe is the outside shisha and drinks area, which seems to enjoy its own temperate micro-climate on these muggy evenings.
If only I could sit there with a cool beverage, hair neatly trimmed, reading a good book and with all my banking affairs taken care of, it would be ideal.
fkane@thenational.ae
Follow us on Twitter @Ind_Insights
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
How to apply for a drone permit
- Individuals must register on UAE Drone app or website using their UAE Pass
- Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
- Upload the training certificate from a centre accredited by the GCAA
- Submit their request
What are the regulations?
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- Never over populated areas
- Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
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Trump v Khan
2016: Feud begins after Khan criticised Trump’s proposed Muslim travel ban to US
2017: Trump criticises Khan’s ‘no reason to be alarmed’ response to London Bridge terror attacks
2019: Trump calls Khan a “stone cold loser” before first state visit
2019: Trump tweets about “Khan’s Londonistan”, calling him “a national disgrace”
2022: Khan’s office attributes rise in Islamophobic abuse against the major to hostility stoked during Trump’s presidency
July 2025 During a golfing trip to Scotland, Trump calls Khan “a nasty person”
Sept 2025 Trump blames Khan for London’s “stabbings and the dirt and the filth”.
Dec 2025 Trump suggests migrants got Khan elected, calls him a “horrible, vicious, disgusting mayor”
Results
6pm: Dubai Trophy – Conditions (TB) $100,000 (Turf) 1,200m
Winner: Silent Speech, William Buick (jockey), Charlie Appleby
(trainer)
6.35pm: Jumeirah Derby Trial – Conditions (TB) $60,000 (T)
1,800m
Winner: Island Falcon, Frankie Dettori, Saeed bin Suroor
7.10pm: UAE 2000 Guineas Trial – Conditions (TB) $60,000 (Dirt)
1,400m
Winner: Rawy, Mickael Barzalona, Salem bin Ghadayer
7.45pm: Al Rashidiya – Group 2 (TB) $180,000 (T) 1,800m
Winner: Desert Fire, Hector Crouch, Saeed bin Suroor
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Winner: Naval Crown, William Buick, Charlie Appleby
8.55pm: Dubawi Stakes – Group 3 (TB) $150,000 (D) 1,200m
Winner: Al Tariq, Pat Dobbs, Doug Watsons
9.30pm: Aliyah – Rated Conditions (TB) $80,000 (D) 2,000m
Winner: Dubai Icon, Patrick Cosgrave, Saeed bin Suroor
The biog
Favourite food: Tabbouleh, greek salad and sushi
Favourite TV show: That 70s Show
Favourite animal: Ferrets, they are smart, sensitive, playful and loving
Favourite holiday destination: Seychelles, my resolution for 2020 is to visit as many spiritual retreats and animal shelters across the world as I can
Name of first pet: Eddy, a Persian cat that showed up at our home
Favourite dog breed: I love them all - if I had to pick Yorkshire terrier for small dogs and St Bernard's for big
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Company profile
Date started: Founded in May 2017 and operational since April 2018
Founders: co-founder and chief executive, Doaa Aref; Dr Rasha Rady, co-founder and chief operating officer.
Based: Cairo, Egypt
Sector: Health-tech
Size: 22 employees
Funding: Seed funding
Investors: Flat6labs, 500 Falcons, three angel investors
Fifa Club World Cup quarter-final
Kashima Antlers 3 (Nagaki 49’, Serginho 69’, Abe 84’)
Guadalajara 2 (Zaldivar 03’, Pulido 90')
Moving%20Out%202
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Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching
Match info
Uefa Champions League Group B
Barcelona v Tottenham Hotspur, midnight
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Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
Specs
Engine: 51.5kW electric motor
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Available: Now