ABU DHABI / WAM The General Pension and Social Security Authority (GPSSA) said that insured Emiratis who wish to receive a lucrative pension rate and retire early may revert to purchasing inactive service years in addition to their actual employment period, as per federal pension laws. GPSSA’s service “Purchase of Service Years” differs from one federal law to another. According ...

DUBAI / WAM In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, issued Law No (2) of 2025, pertaining to the Dubai International Financial Centre Courts (DIFC Courts). Provisions of the new law seek to regulate the judicial and administrative aspects ...

DUBAI / WAM The National Bank of Fujairah (NBF) has successfully closed a single currency term and letter of credit syndicated transaction totalling $100 million to support Pure Cement LLC in the construction of a clinker production unit with a capacity of 6,500 tonnes per day (TPD), and an 8.5 MW Waste Heat Recovery-based captive power plant. With a total ...