ABU DHABI / WAM The General Pension and Social Security Authority (GPSSA) announced that it will soon launch a new pension platform known as  ‘Ma’ashi’ for thousands of UAE-based federal government and private sector entities. Ahead of the platform’s launch, the UAE Pension Authority will organise both English and Arabic virtual training workshops, from June 20-22, for employers/entities across the ...

DUBAI / WAM The Ministry of Human Resources and Emiratisation (MoHRE) will begin implementing the Midday Break from June 15 until September 15. The ban will prohibit work in open spaces or under direct sunlight from 12:30 to 3:00 pm. The ministry said, “The Midday Break embodies the UAE’s commitment to consolidating a humane and positive work environment and implementing ...

DUBAI / WAM Dubai Culture and Arts Authority (Dubai Culture) has received Autism-Friendly Certificates (AFC) for the category of Cultural Facilities to acknowledge the Al Jalila Cultural Centre for Children, Etihad Museum, and Al Shindagha Museum. This comes in line with the “My Community… a City for Everyone” initiative that aims to transform Dubai into a friendly city for people ...

DUBAI / WAM The stage is set for an exhilarating showcase of skills and determination as the AJP Tour Dubai International Jiu-Jitsu Championship 2023 — GI kicks off from June 16-18 at Al Nasr Club in Dubai. The event will make way for fierce fights among athletes in various divisions, including kids, youth, amateurs, professionals, and masters, vying for medal ...

ABU DHABI / WAM The Securities and Commodities Authority (SCA) has released its annual report for 2022, revealing that the total capital of public joint-stock companies (PJSCs) registered with the SCA reached AED702 billion. Of this, AED393 billion was for government companies and AED309 billion was for non-governmental companies. The services sector accounted for the largest share of the total ...

DUBAI / WAM In the presence of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Minister of the Presidential Court, HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, chaired the ninth meeting of the General Budget Committee. The meeting discussed the ...

SHARJAH / WAM HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, in the presence of his wife HH Sheikha Jawaher bint Mohammed Al Qasimi, Chairperson of The Big Heart Foundation (TBHF) and Eminent Advocate for Refugee Children at UNHCR, honoured Talent Beyond Boundaries (TBB), the winner of the 7th edition of the Sharjah ...

HANOI / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, met with Bui Thanh Son, Minister of Foreign Affairs of Vietnam, during his visit to Hanoi. The two sides discussed ways of boosting bilateral relations and joint cooperation in all sectors, especially economic. They also reviewed the two countries’ efforts to reach a comprehensive economic partnership ...

BLOOMBERG The SIX Swiss Exchange is investigating the technical glitch that caused the country’s worst stock market outage in more than decade. The Zurich-based exchange said it will release findings from its investigation in a couple of days. “It was a technical issue,” said Juerg Schneider, the Swiss exchange’s head of media relations, without giving details about the specific nature ...

BLOOMBERG Treasury yields fell amid market expectations that the Federal Reserve will keep its interest rates steady for the first time in 15 months to evaluate whether or not further tightening is needed. Bonds reversed course on Wednesday, with yields dropping across the curve, after another inflation reading showed signs of cooling. The market for wagers on the outlook for ...