ABU DHABI / WAM The Ministry of Human Resources and Emiratisation issued a resolution on Monday to form a committee that will assess labour relations grievances presented by parties based on relevant resolutions issued by the ministry. This move is in implementation of a Federal Decree Law to regulate labour relations, ensure transparency and integrity in addressing the grievances ...
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UAE extends ban on drones, light sports aircraft
DUBAI / WAM The Ministry of Interior announced an extension of its decision to ban drones and light sports aircraft covering owners, practitioners and enthusiasts until further notice, in coordination with the General Civil Aviation Authority (GCAA). The ministry stressed the importance of community members’ adherence to relevant instructions to protecting lives and properties from unsafe practices and noted ...
Read More »Dubai Derma 2022 to begin on February 27
Dubai / WAM The 21st edition of the Dubai World Dermatology and Laser Conference and Exhibition (Dubai Derma 2022) will be held in-person from February 27 to March 1 at the Dubai World Trade Centre. Under the theme ‘Shaping the Future of Dermatology and Aesthetics,’ the event will provide a platform for industry players and professionals from across the ...
Read More »Etisalat recognises outstanding SMBs, start-ups in UAE
DUBAI / WAM Etisalat announced winners of the second “SMB Awards 2021” at a grand gala event to recognise and celebrate the outstanding achievements of small and medium businesses (SMBs) in the UAE. Faisal Al Hammadi, Assistant Under-Secretary for Entrepreneurship and SMEs, Ministry of Economy, attended the prestigious awards ceremony along with senior management from Etisalat joined by more ...
Read More »Reducing food waste key to brighter future, say experts
Dubai / WAM Reducing food waste is the key to a brighter future for humans and the planet, panellists agreed at the World Majlis: The Value of Food session, held at Terra — The Sustainability Pavilion. Thought-leaders, visionaries, and changemakers came together as part of Expo 2020 Dubai’s Food, Agriculture and Livelihoods Week to exchange ideas on how to ...
Read More »Ras Al Khaimah is a leading destination for key sports competitions
RAS AL KHAIMAH / WAM His Highness Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, has said that Ras Al Khaimah is taking deliberate steps to enhance its presence as a leading destination for hosting the most important sports competitions. His Highness pointed out that the events witnessed by the emirate during ...
Read More »AGL rejects $14b takeover bid to close coal plants
Bloomberg Australian utility AGL Energy Ltd rejected a multibillion-dollar takeover bid from Brookfield Asset Management Inc and technology billionaire Mike Cannon-Brookes, who plan to accelerate the closure of the company’s polluting coal-fired power plants. Brookfield and Cannon-Brookes’s investment firm Grok Ventures have a $14 billion transition plan to shift AGL to clean energy and “remains optimistic that an agreement ...
Read More »Singapore won’t displace Hong Kong as finance hub
Hong Kong’s rapid isolation from the rest of the world has business executives, investors and expatriates asking whether Singapore will overtake the territory as Asia’s main financial center. If that’s the ambition, there’s a lot of ground to cover. A more realistic outcome is that the two locations work as complements, rather than competitors for global talent. The situation in ...
Read More »Meta scandals don’t bode well with CEO
When Mark Zuckerberg described the metaverse last year, he conjured an image of harmonious social connections in an immersive virtual world. But his company’s first iterations of the space have not been very harmonious. Several women have reported incidents of harassment. I had several uncomfortable moments with male strangers on social apps run by both Meta Platforms Inc (formerly known ...
Read More »Higher mortgage rates worsen housing market
The surge in mortgage rates we’ve seen this year is making an already dysfunctional housing market even more uncertain. Higher lending costs will make housing less affordable, which should cool demand and at least slow price increases. But the more significant impact in a market struggling with historically-low levels of inventory is what it means for supply. Unfortunately, at ...
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