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United Arab Emirates

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Currency United Arab Emirates

The currency of Dubai is the Emirati Dirham, with one Dirham equalling 100 fils. Notes come in denominations of Dh1000, 500, 200, 100, 50, 20, 10 and 5. Coins are in denominations of Dh1, and 50, 25, 10, 5 and 1 fils. The currency is tied to the US Dollar. Money is easy to exchange in most hotels. Traveller’s cheques are accepted widely, though it is advisable to take them in US Dollars or Pounds Sterling to avoid additional conversion charges.ATMs are widely available, and major international credit and debit cards are accepted.

See:

Visa:               http://www.visa.com/atms

MasterCard:  http://www.mastercard.com/cardholderservices/atm/

The import and export of both domestic and foreign currency is unlimited.

 

Business

 

General banking hours in most areas are from 0800 to 1600 Sundays to Thursdays. Shopping hours are generally from 0900 to 2100 all week long, with most stores closing for prayers from 1130 to 1330 on Fridays.

General customs and politeness are to be observed in Dubai, and Muslim customs should be respected – though it is legal to drink alcohol in Dubai. Formal wear is expected of business encounters. The religious festival of Ramadan means no eating, drinking or smoking in public, and should be adhered to, to avoid any offence.

Tipping is usually avoided, as hefty service charges are automatically applied to bills.

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