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UAE announces summer midday break from June 15

  Abu Dhabi / WAM The Ministry of Human Resources and Emiratisation announced the start of mid-day break for labourers at project, construction sites from 12:30 until 15:00 from June 15 to September 15. An administrative fine will be imposed on establishments that violate midday break amounting to AED5,000 for each worker and a maximum of AED50,000 in case multiple ...

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Sharjah sees AED6bn in realty deals in Q1 2022

  Sharjah / WAM Abdulaziz Ahmed Al Shamsi, Director-General of the Sharjah Real Estate Registration Department, said that Sharjah’s real estate sector is seeing considerable growth, thanks to the great support shown by HH Dr Sheikh Sultan bin Muhammed Al Qasimi, Supreme Council Member and Ruler of Sharjah. In his statement to the Emirates News Agency (WAM), Al Shamsi noted ...

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FAB provides registered entities of ADGM preferential banking services

  Abu Dhabi / WAM Abu Dhabi Global Market (ADGM) and First Abu Dhabi Bank (FAB) have signed a memorandum of understanding (MoU) to further support the growth needs of the commercial and financial community in Abu Dhabi. The MoU aims to increase collaboration between ADGM and FAB and initiate preferential banking services, such as fast and efficient bank account ...

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