Wednesday, April 30, 2025

Finance

COVID-19 hit: Gulf salaries, benefits in for another set of cuts

But financial services has so far been resilient on employee benefit packages Dubai: The hard times are here – a majority of businesses in the Gulf are planning to adjust “one or more” elements in their employee compensation packages, which...

Renting in COVID-19 times – a Dubai developer takes the test

Palma Holding tries to tap demand for those wanting to downsize from upscale locations The Olivara Residences had a trial by fire, with completion happening just ahead of the COVID-19 imposed lockdown. Dubai: Completing a residential project and then try and...

Sharjah pumps 4 billion dirhams through short-term instruments

Sharjah (Al Ittihad) The Central Finance Department in Sharjah launched a bond worth 4 billion dirhams, to enhance liquidity for the banks based in Sharjah, to enable them to provide additional financial support to the business sector affected by the...

UAE jobs: How AI and data science job skills can help you stay relevant in the market

COVID-19 pandemic is having a devastating effect on the economy of almost all the countries in the world. Recent global developments strongly suggest the importance of diversification of economic activities and professionals would have to make sure they have...

UAE warns smartphone users against ‘hacking message’

TRA has confirmed that a call cannot give some random hacker access to their photos and personal files present in the phone data. The telecom authority of UAE has issued a warning for mobile users against a fake hacking message,...

Dubai back to business: From June 1 DIFC Gate Avenue to reopen

The working hours of Dubai sterilization program is designed in line with federal directives.  The retail area within Dubai Financial Center, DFC Gate Avenue will be open for business on June 1, the news is declared by the DIFC Investments...

New Announcement by UAE Ministry of Finance around fee reductions

In an effort to boost the national economy and to provide an impetus to the country's business environment, The Ministry of Finance (MoF) has issued three new decisions for federal entities across the UAE, as part of its remit...

Coronavirus: Uncertainties in mind as people head back to work in UAE

Uncertainties loom in the mind of UAE residents as they head back to work after months of lockdown. People said that going back to normal won't be easy. Precautions are a must. Some are eager to take up position again...

Dubai is back to business. It’s ‘a ray of hope’ for residents

Dubai has planned to bring normalcy to in the emirate during Covid-19 by taking the bold but well-thought-out step of re-opening business. Residents expressed their happiness to be back at their stores and workplaces on Wednesday, as many businesses in...

Scandinavian airline SAS wants some more relief funding

Stockholm: The Airline SAS is discussing with major shareholders to raise more funds to help it survive the pandemic-induced collapse in global air travel after facing bigger losses in its second quarter. Denmark and Sweden, part owners of SAS, already stepped...

Latest News

Abu Dhabi to roll out face-recognition technology for check-in across all hotels

Abu Dhabi will deploy face-recognition technology across all hotels for the safety of the visitors, residents and employees. The...

MoHRE launched Digital Wallet for payments

MoHRE's Digital Wallet allows corporate customers to instantly settle fees and financial obligations. Dubai: The Ministry of Human Resources and Emiratisation (MoHRE), in collaboration with...

New Dubai-Sharjah intercity bus to begin operating from May 2

A new intercity bus service between Dubai and Sharjah will start on Friday, May 2, the Roads and Transport Authority (RTA) announced on Monday. RTA...

Dubai airport train service temporarily disrupted at Terminal 1

There was a disruption in the train service at the Dubai International Airport (DXB) on Thursday. “Dubai Airports is currently managing guest movement between Terminal...

Today Gold Rate in Dubai (UAE) in Dirham, 28th April 2025

Today Gold Rate in Dubai (UAE) Today Per tola is AED 4,665.52 while 24k Per 10 Gram gold price is AED 4,000.00. Usually people...