Middle-East's first drive-thru bank opens in Dubai



We've all heard of drive-thru wedding ceremonies, drive-thru burger joints and even drive-thru funeral parlours. Now, Dubai has its very own drive-thru bank. Al Hilal, an Abu-Dhabi based Islamic bank, launched the Middle East's first "money-station" this week at its new Jumeirah bank on Dubai's Al Wasl Road. The customer simply drives into a lane, speaks to the teller onscreen and then inserts cash, application forms or cheques into a specially designed plastic capsule and presses send. The transparent capsule then shoots - sci-fi style - up a transparent tube to the teller. You can then bop along to the radio while your transaction is dealt with and wait until the capsule shoots back down the tube with your receipts, cash or new bank card in it. Crazy, but true. It's the first service of it's kind in the Middle East, with the tube-banking concept inspired by similar services in the US, but is Dubai, or even the UAE, ready for such a concept? "Dubai is a city that has always been at the forefront of innovation and this is another innovation that fits very well within its DNA " says Mohamed Berro, the group chief executive of Al Hilal bank. "Customers can carry out complete banking transactions without getting out of the car. With three drive-thru lanes to choose from and the option to still go into the bank if you want a face-to-face meeting, this should avoid any queues. And for those worried about security, Mr Berro says the risk of having your transaction interrupted by a hardened criminal are about as high as they would be at any ATM, plus there will be security on hand outside the bank. As someone with two young children, I can certainly see huge advantages with something like this. Imagine not having to unload and then reload the children while you pay in cheques or apply for a car loan. Sounds like bliss to me. And, of course, in a very competitive consumer banking market, it makes sense for Al Hilal to have a gimmick like this up its sleeve.

The Bio

Name: Lynn Davison

Profession: History teacher at Al Yasmina Academy, Abu Dhabi

Children: She has one son, Casey, 28

Hometown: Pontefract, West Yorkshire in the UK

Favourite book: The Alchemist by Paulo Coelho

Favourite Author: CJ Sansom

Favourite holiday destination: Bali

Favourite food: A Sunday roast

UAE currency: the story behind the money in your pockets
Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
NO OTHER LAND

Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal

Stars: Basel Adra, Yuval Abraham

Rating: 3.5/5

Things Heard & Seen

Directed by: Shari Springer Berman, Robert Pulcini

Starring: Amanda Seyfried, James Norton

2/5

THE SPECS

Engine: 6.75-litre twin-turbocharged V12 petrol engine 

Power: 420kW

Torque: 780Nm

Transmission: 8-speed automatic

Price: From Dh1,350,000

On sale: Available for preorder now

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
The White Lotus: Season three

Creator: Mike White

Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell

Rating: 4.5/5

Results

United States beat UAE by three wickets

United States beat Scotland by 35 runs

UAE v Scotland – no result

United States beat UAE by 98 runs

Scotland beat United States by four wickets

Fixtures

Sunday, 10am, ICC Academy, Dubai - UAE v Scotland

Admission is free

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BlacKkKlansman

Director: Spike Lee

Starring: John David Washington; Adam Driver 

Five stars

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The Saudi Cup race card

1 The Jockey Club Local Handicap (TB) 1,800m (Dirt) $500,000

2 The Riyadh Dirt Sprint (TB) 1,200m (D) $1.500,000

3 The 1351 Turf Sprint 1,351m (Turf) $1,000,000

4 The Saudi Derby (TB) 1600m (D) $800,000

5 The Neom Turf Cup (TB) 2,100m (T) $1,000,000

6 The Obaiya Arabian Classic (PB) 2,000m (D) $1,900,000

7 The Red Sea Turf Handicap (TB) 3,000m (T) $2,500,000

8 The Saudi Cup (TB) 1,800m (D) $20,000,000

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Various Artists 
Habibi Funk: An Eclectic Selection Of Music From The Arab World (Habibi Funk)
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WHAT ARE NFTs?

     

 

    

 

   

 

Non-fungible tokens (NFTs) are tokens that represent ownership of unique items. They allow the tokenisation of things such as art, collectibles and even real estate.

 

An NFT can have only one official owner at one time. And since they're minted and secured on the Ethereum blockchain, no one can modify the record of ownership, not even copy-paste it into a new one.

 

This means NFTs are not interchangeable and cannot be exchanged with other items. In contrast, fungible items, such as fiat currencies, can be exchanged because their value defines them rather than their unique properties.