Business

Arab and international economic and business news through alwast, financial and stock markets, Arab and international currency rates, as well as comprehensive reports and analysis on money management and investment.

Urgent.. The UAE announces the start of implementing job nationalization goals in the private sector
Abdallah Shahin - 1 month

The Ministry of Human Resources and Emiratisation has initiated the implementation of the Cabinet's decision to broaden the scope of Emiratization targets. This decision applies to private companies operating in 14 specific main economic...

The UAE is implementing a new ministerial decision regarding employees starting in January 2024
rawda samy - 1 month

A new ministerial decision concerning employees is going to be implemented in the United Arab Emirates beginning in January 2024.

UAE issues a new guide to determine who is subject to taxes
rawda samy - 1 month

There is a new guide that the UAE has issued to establish who is liable to pay taxes.

The Human Resources and Emiratisation imposes a fine of 96 thousand dirhams within a few months
rawda samy - 2 months

The Ministry of Human Resources and Emiratisation in the UAE imposes a fine of 96 thousand dirhams within a few months

MOHRE UAE: Companies are required not to deduct amounts from employees’ salaries in this case
Abdallah Shahin - 2 months

When the employer pays the basic subscription amounts, the Ministry of Human Resources and Emiratization has mandated that they not deduct the subscription amount from the wage of the employee who is registered in the "savings system," an...

Urgent: Sheikh Hamdan bin Mohammed distributes a reward of 152 million dirhams to these workers in Dubai
Abdallah Shahin - 2 months

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum approved the disbursement of a performance bonus to civilian employees in government agencies subject to the Dubai Government Human Resources Law, No. (8) of 2018, in the amount of 152 million dirhams....

Dubai gives employees a 152 million-dh bonus
rawda samy - 2 months

A bonus of Dh152 million has been approved for government employees in Dubai.

The most important recruitment companies in Dubai
Abdallah Shahin - 2 months

We present a number of the most important and best recruitment company websites in Dubai, along with contact information for each of them:

Expats in the UAE paying rent and bills by streaming games online
rawda samy - 2 months

Streaming games online allows expats in the United Arab Emirates to pay their rent and utilities.

Salary survey in the UAE.. How to make more money in 2024
rawda samy - 2 months

According to a survey of salaries in the United Arab Emirates, you might be earning more money in 2024.

The Ruler of Sharjah announces the creation of 3,000 job opportunities in the emirate
Abdallah Shahin - 2 months

A member of the Supreme Council and the ruler of Sharjah, Sheikh Sultan bin Muhammad Al Qasimi, made an announcement regarding the employment of three thousand citizens in Sharjah during the current year 2023. These citizens will be hired for new...

An expat driver in the UAE wins one million dirhams
rawda samy - 2 months

A one million dirham award has been given to a driver from Bangladesh who is working in the United Arab Emirates.

Free for two years” The UAE announces the steps to apply for a work permit for this profession
Abdallah Shahin - 2 months

The United Arab Emirates Ministry of Emiratization and Human Resources has made an announcement regarding the approval of a "private teacher work permit" with the Ministry of Education. The purpose of this permit is to facilitate the...

A new statement regarding the system of remote work in the UAE
rawda samy - 2 months

The remote work system in the UAE is one of the best in the world and is ranked fourth in the world.

The Ruler of Sharjah issues a new law regarding employment and Human Resources
Abdallah Shahin - 2 months

Sheikh Dr. Sultan Al Qasimi, Ruler of Sharjah, issued Decree Law No. 7 of 2020 amending some provisions of Law No. 6 of 2015 regarding human resources for the Emirate of Sharjah.

The UAE announces jobs with salaries up to 21 thousand dirhams
Abdallah Shahin - 2 months

The 25th edition of the UAE National Career Fair is held by Expo Sharjah. The participating companies indicated that opportunities will be provided in various specializations for young people and recent graduates, while clarifying that the jobs will...

Urgent: A statement from the UAE Central Bank for bank customers and current accounts
Abdallah Shahin - 2 months

The Central Bank has mandated that any and all direct interactions with customers, carried out for the purpose of advertising or marketing banking products, loans, or credit cards, must be carried out with the explicit agreement of the customer,...

The UAE determines how to calculate the annual leave of part-time employees and end-of-service benefits
rawda samy - 2 months

The United Arab Emirates' Labour Law governs both the method of calculating annual leave for part-time employees and the method of calculating end-of-service rewards.

The Labour Law specifies cases in which it is permissible to work more than one part-time job in the UAE
rawda samy - 2 months

The United Arab Emirates (UAE) has a labour law that outlines the circumstances under which it is acceptable to hold more than one part-time job.

The UAE sets registration instructions in the unemployment insurance scheme
rawda samy - 2 months

The mandatory Unemployment Insurance Scheme of the United Arab Emirates (UAE) was implemented on Sunday, January 1, 2023, with an additional grace period until October 1, 2023.

Human Resources announces the imposition of financial fines on employees in this case
Abdallah Shahin - 2 months

Employees who are not committed to participating in the unemployment insurance system or who are not dedicated to paying their due premiums according to the payment periodicity established by them will be subject to financial sanctions, as declared...

Starbucks is losing more than $11 billion and is facing significant economic pressure due to the boycott
rawda samy - 2 months

Because of the boycotts, Starbucks has lost 11 billion dollars in value, within the context of a bigger campaign that is targeting global brands for their alleged support for Israel, a new wave of boycotts against the worldwide coffeehouse chain is...

Urgent UAE: Statement regarding fees for financial transfers to other countries
Abdallah Shahin - 2 months

The Chairman of the Board of Directors of the Group of Banking and Money Transfer Institutions in the Emirates, Muhammad Al-Ansari, said that “exchange companies still maintain their share in the money transfer market in the country, even with the...

The UAE announces 7 violations that require stopping “financial support” in the private sector
Abdallah Shahin - 3 months

It has been confirmed by the Emirates Competitiveness Council (NAFES) that a citizen who loses his job in the private sector and refuses to join any of the available job opportunities that have been provided to him will forfeit his right to receive...