#private sector

Abu Dhabi: ADDED unveils suite of new private sector Initiatives

Abu Dhabi: ADDED unveils new initiatives for private sector

At the 6th Al Multaqa meet, key Abu Dhabi stakeholders highlighted the importance of supporting entrepreneurship and bolstering public-private partnerships to ensure sustainable economic growth

FAB end of service benefits funds get final nod from UAE authorities

FAB end of service benefits funds get final nod from UAE authorities

The funds are managed by FAB Asset Management, one of the largest MENA-focused asset managers with over 20 years of regional expertise

Mohre annouces shorter working hours for provate sector during Ramadan Image courtesy WAM

Ramadan 2025: UAE announces working hours for private sector

The announcement comes in the implementation of Federal Decree Law No 33 of 2021 on the Regulation of Labour Relations and its amendments

UAE VAT: A forward-looking tax system for a forward-looking economy

UAE approves these major strategies, policies

The approvals were made during the UAE Cabinet’s meeting, held at Qasr Al Watan in Abu Dhabi

Health Insurance in UAE

UAE insurance: Up to 60% healthcare costs covered privately

Without private insurance, the government would bear the financial burden of healthcare costs

Emiratisation

Emiratisation: MoHRE reminds private firms to comply with June 30 deadline

MoHRE’s digital and field supervision system identified 1,379 companies attempting to circumvent Emiratisation goals

dubai remote work

UAE weather alert: Work from home extended for schools, public and private sector workers

The directive aims to prioritise the well-being of employees and residents in light of the prevailing weather conditions

Abu Dhabi

Abu Dhabi private sector sees robust growth, value hits Dhs338.9bn in 2023

The sector’s ongoing contributions to Abu Dhabi’s GDP were shared by ADDED and ADIO at the second edition of their Al Multaqa meeting held recently

Eid Al Fitr holiday dates Saudi Arabia

Eid al Fitr 2024: Saudi Arabia announces holiday dates for public and private sector

The holiday will begin at the end of the work day on Sunday, April 7, with most employees getting four days off to mark the festival

MoHRE urges firms to meet Emiratisation deadline

Emiratisation: MoHRE urges companies to meet 2023 targets

The ministry warned that companies that fail to comply with Emiratisation will be required to pay fines from January 2024

Emiratisation_9,000 Emiratis working in private sector

Emiratisation: 79,000 Emiratis working in private sector, says MoHRE

The figures reflect the highest-ever rate of Emiratisation recorded in the UAE private sector

jobs in UAE, Saudi Arabia

Deadline for companies to meet Emiratisation targets on July 7

The deadline was extended from June 30 to July 7 to give companies more time to reach their targets

Eid al fitr 2024

Eid Al Adha 2023: Public holidays announced for UAE private sector

The Ministry of Human Resources and Emiratisation has announced a public paid holiday on the occasion of Arafat Day and Eid Al Adha

Dubai Taxi deploys-a-fleet-of-600-motorbikes Image RTA

Dubai Taxi deploys 600 motorbikes to provide delivery services for private sector

Dubai Taxi has deployed the fleet to provide delivery services for commercial enterprises in the private sector.

Adnoc private sector

ADNOC, Nafis to create 5,000 new private sector jobs

ADNOC Group has partnered with Emirati Talent Competitiveness Council to empower UAE talents to take leading roles in sustainable development of the industrial sector

Dubai municipality launches new platform for pvt sector investors

Dubai Municipality launches platform for private sector investors

The new platform provides a streamlined and transparent channel for the evaluation and approval of ideas and proposals

PIF unveils 3 private sector initiatives. Image by PIF

Saudi Arabia’s PIF unveils three initiatives to boost private sector growth

The strategy aligns with the fund’s aim to support the private sector in increasing its contribution to GDP by up to 65 per cent by 2030

UAE private sector companies must increase Emirati staff by 1% every six months

The new mechanism does not amend the annual targets, which require companies with 50 employees or more to achieve a 2 per cent increase in Emiratisation by end of the year

Abu Dhabi Chamber launches new strategy to boost economy

Abu Dhabi Chamber launches new strategy to boost economy

The chamber has focused on six strategic objectives, in its 2023-2025 strategy

MohRE emiratisation fines

UAE’s MoHRE fines companies failing to achieve Emiratisation targets for 2022

The value of the monthly financial contributions imposed on private sector entities will increase progressively at a rate of Dhs1,000 annually until the year 2026

UAE announces January 1 as holiday for private sector

UAE announces January 1 as holiday for private sector

Sunday, January 1, will be a paid leave for all employees operating across the country’s private sector

UAE unemployement insurance scheme

UAE Jobs: What you should know about the new Unemployment Insurance Scheme

The insured will be compensated with a cash amount for a specific period of time until they find another employment opportunity

UAE announces private sector holiday for Prophet’s birthday

Employees will be entitled to a day’s paid leave on Saturday, October 8

MoCCAE launches UAE Climate-Responsible Companies Pledge

UAE’s Ministry of Climate Change and Environment launches climate action ‘pledge’ for private sector

Signatories will intensify their efforts to combat climate change, by measuring and reporting their greenhouse gas emissions, among other steps

NAFIS..Your way launched for private sector_e1561968486666

‘NAFIS..Your Way’ campaign launched to support Emirati talent in private sector

The campaign will highlight Emiratis across the UAE working in technology, engineering, consulting, financial services and healthcare

Ramadan crescent

Eid Al Adha 2022: UAE announces holidays for federal govt, private sector employees

The first day of Eid Al Adha will fall on Saturday, July 9

Saudi Arabia

Saudi Arabia to use oil windfall to boost private sector

Saudi Arabia’s posted a $15.3bn budget surplus in the first quarter

Private, public sector across UAE to remain closed for three days, starting May 14

Work in federal, local and private entities across the country will resume on Tuesday, May 17

UAE leads Arab World in IMD World Talent Ranking 2022

UAE’s unemployment benefits scheme applicable to all public and private sector employees

The Ministry of Human Resources and Emiratisation will play a central role in this scheme to protect labour rights

Eid holidays

Eid Al Fitr 2022: Holidays declared for private sector employees in UAE

They will either receive a four- or five-day weekend contingent on the sighting of the moon which will indicate the end of Ramadan