Friday, June 27, 2025

Finance

Coronavirus: How to cope with debt in UAE after a lay-off, pay cut

Financial consultants offer the best way out under the current circumstance Dubai: As the coronavirus outbreak threatens to rob families of lives and livelihoods globally, the question of coping with shrunken or no incomes following salary cuts and job losses...

Coronavirus in UAE: Can my employer reduce my salary without a new contract?

An employer may choose to temporarily reduce the salary of its employee. Question. I am employed by a company and working on a construction project which falls under the classification of a vital sector. My employer has stated that it shall...

Coronavirus: UAE residents sing national anthem from balconies to thank country for Covid-19 measures

The gesture confirms public's sincere love and support for emirate's exceptional leaders and frontline workers working tirelessly to curb the spread of the coronavirus. Emiratis and residents of Abu Dhabi, Al Ain and Al Dhafrah have taken to their balconies...

Combating coronavirus: PIA plans 10 special flights next week for stranded Pakistanis

PIA will operate 4 special flights on Sunday and 6 flights on Monday to repatriate over 2,000 passengers from Dubai. Pakistan International Airlines (PIA) will repatriate over 2,000 stranded Pakistani nationals to five cities in the country during next week, Khaleej...

UAE healthcare sector catches the COVID-19 ‘fever’

Hospitals, clinics record sharp falls in outpatient visits and cashflow since March 15 Dubai: UAE hospitals are at the frontlines in tackling the worst effects of the COVID-19 outbreak – but it is now starting to tell on their financial...

Etihad has Abu Dhabi’s full backing

Airline confirmed a partial launch of passenger services from May 1 Dubai: Abu Dhabi's Etihad Airways has the full support of its state shareholder as it plans a partial resumption of passenger flights from May 1, its chief executive Tony...

Pizza delivery boy tests positive for coronavirus: 72 families to self-quarantine

A delivery boy from a famous pizza chain in Malviya Nagar area tested positive on Tuesday New Delhi: Families in 72 houses in a locality in Delhi's South District have been told to go in to self-quarantine after a delivery...

Oil’s well that ends well: Opec, allies get output cuts deal done

Three phases of reductions to span through 2022; Mexico finally signs on as US adds extra cuts Opec and non-Opec oil producing countries at a crucial ministerial meeting held via a video conference on Thursday agreed to slash oil output...

UAE’s NMC is not going into ‘liquidation’, staff told

UK court appointed administrator assures staff that operations will go on as usual Dubai: Abu Dhabi headquartered NMC Health is not going into “liquidation”, according to its newly appointed administrators. In a message sent to its 15,000 plus staff, the administrators...

COVID-19 fallout: UAE construction sector told to ‘re-price’ projects

New projects will only be awarded if they slash their original cost-to-build estimates Dubai: UAE contractors will have to go through the whole price negotiation process again as project promoters insist on re-pricing contracts because of the changed circumstances. Even...

Latest News

Dubai: New student visas, scholarships, jobs for 90% of pupils in new policies

New student visas, international scholarships and an ambitious plan to ensure that 90 per cent of its student population...

Saudi Arabia launches visa extension initiative to mark start of Hijri New Year

Saudi Arabia has introduced a new initiative to mark the beginning of the Hijri New Year, allowing holders of expired visit visas — of...

Dubai’s RTA announces 2-month traffic diversion at E311 starting June 28

Dubai's Roads and Transport Authority (RTA) has announced a traffic diversion at the Al Barari Underpass on Sheikh Mohammed Bin Zayed Road (E311), starting...

Today Gold Rate in Dubai (UAE) in Dirham, 27th June 2025

Today Gold Rate in Dubai (UAE) Today Per tola is AED 4,697.60 while 24k Per 10 Gram gold price is AED 4,027.50. Usually people...

Today Gold Rate in Saudi Arabia – 27th June 2025

Today Gold Rate in Saudi Arabia (SAR) Today Per tola is SAR 4,828.81 while 24k Per 10 Gram gold price is SAR 4,140.00 Usually...