MoHRE issued a statement urging companies with 50 or more employees to provide accommodation for their workers through the approved systems, and to register the required data on the Ministry’s website (www.mohre.gov.ae), by accessing the Labour Accomodation System under the ‘Services’ icon, in implementation of the Ministerial Resolution No. 44 of 2022 Regarding Occupational Health and Safety…
More than a week has passed since heavy rains wreaked havoc in the eastern coast of the UAE, particularly in some neighbourhoods of Kalba. As floods receded, residents made their way back home only to be welcomed with the daunting task of cleaning up and replacing damaged furniture. Some grappled with the reality of lost…
Top shareholders in troubled Indian educational technology firm Byju’s, including investment giant Prosus, voted on Friday to sack its billionaire founder, a decision the once high-flying company refused to recognise. Byju’s, which is controlled by CEO Byju Raveendran, was formerly one of India’s most valuable start-ups as demand for its online learning products boomed during…
The United Arab Emirates, home to the financial hub of Dubai, has been dropped from a global watchdog’s list of countries at risk of illicit money flows, a win for the nation that could bolster its international standing. The Financial Action Task Force (FATF), a body that groups countries from the United States to China…
Flydubai on Thursday said its 2023 profits jumped 75 per cent to a record Dh2.1 billion on the back of strong organic growth amidst strong growth in the aviation industry. The Dubai-based carrier reported total annual revenue of Dh11.2 billion in 2023 as compared to Dh9.1 billion in 2022; an increase of 23 per cent. Flydubai’s…
For UAE residents, rents are one of the biggest costs that they bear every month. For some of the residents, it accounts for the highest expense of their monthly or yearly budgets. Rents have been consistently on the rise across the UAE over the past three years due to the massive influx of foreign workers into the…
Dubai Islamic Bank, the UAE’s largest Shariah-compliant lender, has discontinued its popular ‘salary in advance’ facility for customers. The bank said in a statement to Khaleej Times that the decision has been taken after a “thorough evaluation” of its financial products and it’s “actively exploring alternative solutions.” “This decision to discontinue our Salary in Advance…
The rise of advanced artificial intelligence (AI) systems, such as ChatGPT, holds the potential to completely transform our world. However, the majority of these platforms primarily operate in English, leaving languages like Arabic to face setbacks due to limited online data. In a world increasingly reliant on AI, Nizar Habash, a computer scientist specialising in…
From plant-based meat and non-alcoholic drinks to packaging made of bamboo and the flavours of chilli crisp, the future of food is going to be very different. That is according to experts at the 29th edition of Gulfood. Daniel Levine, a well-known trends expert and director of the Avant-Guide Institute said in a keynote speech…
With the relocation of thousands of millionaires into Dubai in 2023 and 2024, demand will increase for ultra-luxury cars in the country Some of the world’s rarest supercars from top-notch brands will be auctioned in Dubai next month, including a pre-World War II recreation 1935 Bugatti. RM Sotheby’s, the world’s largest collector car auction house…
