Prudential relief measures regarding banks’ capital buffers and liquidity and stable funding requirements will be extended by six months
The new alert level will be in place from Sunday, December 19, 2021, until Monday, January 31, 2022
The GCC Supreme Council also urged for the need to accelerate the establishment of a joint customs union and the GCC Common Market
Up to 74 per cent of the respondents also confirmed that they intend to pay out bonuses in 2022, with 46 per cent looking at offering one- two months’ gross salary
Under the new law, employees in both sectors will get similar leaves and end-of-service benefits
The UAE’s economy has received a strong boost from Expo 2020 Dubai and is on its way back to growth, states Danube Group founder and chairman Rizwan Sajan
Investment holding company Al Qudra’s board has approved a new foreign ownership limit of 30 per cent of outstanding shares
Officials expect the economy to expand 2.9 per cent this year and grow by a further 7.4 per cent in 2022
She will replace Faisal Al Ayyar, who will retire as the CEO after more than 30 years with the company
The bill has now been sent to the Shura Council, the upper house of the National Assembly
Tecom’s business communities include Dubai Internet City, Dubai Media City, Dubai Design District and Dubai Industrial Park
The UAE on Tuesday announced a new four-and-a-half-day working week for federal government entities
On the sidelines of the visit, Saudi Arabia and Oman signed 13 memoranda of understanding across different sectors
The projects cover several key sectors, such as energy, food security, manufacturing, mining, health and tourism services
The imposition of travel restrictions will shake consumer and corporate confidence
Bullion has erased its November rally and is almost back to where it started the month
The partnership will help determine levels of 4IR tech adoption across the UAE’s industrial sector
The new fund will focus on strategic investments across sectors including logistics, energy, health and food
FAB will offer both RMB and foreign currency business onshore in China through its new branch in Shanghai
It has partnered with the UAE’s Ministry of Climate Change and Environment for the initiative
Under the new service, investors can complete the process of authenticating the agency and attesting the establishment contract in three steps
The project, dubbed ‘Oxagon’, will feature a port and a logistics hub
The directive was announced by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, on Tuesday
The total number of deals across the two days of the exhibition equalled 10
Nearly 21 per cent of job applicants also said that they had relocated since the start of the Covid-19 pandemic
There are currently eight Salik toll gates in the city, with three million vehicles registered in the system
The types of roles that can be performed at 100 per cent remote mode are going to be more limited, opines Christos Adamantiadis, CEO, Marsh Middle East and Africa
The Abu Dhabi Securities Exchange and Abu Dhabi’s Department of Economic Development have submitted a proposal to the Securities and Commodities Authority
The kingdom is launching its first international film festival
It’s the third government to resign in a year