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Tag Archives: UAE

Salem Al Badwawi gets Tolerance Award

Salem Abdullah Bin Nabhan Al Badwawi, an officer of the General Directorate of Residency and Foreigners Affairs Dubai (GDRFA), who shot to prominence following his noble gesture of offering his car to a stranded family at Hatta border recently has been awarded the inaugural International Tolerance Award. Al Badwawi’s gesture …

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Trial run for UAE iceberg project in 2019

Leviathan icebergs will be towed from the Antarctic to the UAE’s Fujairah coastline by early 2020 to be melted into pure, polar ice water for humanitarian and commercial distribution, says the Emirati visionary who first proposed the ambitious effort last year. But before large ocean going vessels attempt the 12,000-kilometre …

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New HR law for Dubai government approved

His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, on Sunday approved a new human resources law for Dubai Government. The law recognises the possibility of appointment on the basis of “remote work” and gives people of determination an additional …

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Visa violators must avail UAE amnesty

Come August 1 and lasting for three months thereafter, a general amnesty will come into effect for foreigners and non-residents who have violated the UAE’s residency laws. While full details of the amnesty — dubbed ‘Protect Yourself via Rectifying Your Status’ — have yet to be clarified, Brigadier Saeed Rakan …

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Fuel to become cheaper in July

Motorists will be paying less at the petrol stations in July as the UAE’s fuel price committee has reduced the prices. Petrol will become cheaper by more than two per cent next month, according to an announcement on Thursday. The new per-litre fuel prices for July are: Super 98 Dh2.56 …

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UAE ready to boost UN cooperation on Yemen

The UAE is committed to maintaining and accelerating its cooperation and coordination with the United Nations and other international organisations to boost humanitarian relief and contingency planning in Yemen, said Ambassador Lana Zaki Nusseibeh, UAE’s Permanent Representative to the United Nations in New York. Ambassador Nusseibeh made the remarks while …

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Dubai Cares launches Dh3.4m programme in Zimbabwe

Dubai Cares, part of the Mohammad Bin Rashid Al Maktoum Global Initiatives, has launched a new programme in Zimbabwe titled ‘WASH UP! Girl Talk’, in partnership with Sesame Workshop. The Dh3.4-million ($952,000) programme aims to empower primary school-aged children to practise and promote healthy water, sanitation and hygiene (WASH) behaviour, …

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The changing face of UAE business

Last week’s announcement that private firms would no longer have to provide a Dh3,000 bank guarantee to recruit each new employee is just the latest of a series of measures aimed at transforming the UAE’s economy. The packages announced this year are an indication that the objectives announced in a …

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SCA to investigate Abraaj for local investor impact

The UAE’s Securities and Commodities Authority (SCA) is investigating whether any local investors are affected due to the current financial problems being faced by the private equity firm Abraaj, according to a top executive. Dubai-based Abraaj is currently facing allegations that investment funds were misused, specially that it commingled about …

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UAE financial markets poised for take off

The UAE’s financial markets are solid and will take off again in terms of liquidity and volume of trading due to positive indications from the government and an improvement in the economy, the chief executive of the Securities & Commodities Authority (SCA) said. “I am optimistic because of the incentives …

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