News

The Central Bank of the UAE (CBUAE) has said that despite the continuing global uncertainty and tight monetary stances worldwide, the UAE real estate sector continued its good performance in the period from July to October 2023. The Central Bank, in its quarterly economic review 2023, explained that in the …

The Ministry of Human Resources and Emiratisation (MoHRE) has suspended the licences of 153 employers, imposing fines on them after their registered domestic workers were caught working for others. This comes as part of joint campaigns between MoHRE and the Federal Authority for Identity, Citizenship, Customs, and Ports Security, to …

President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Joko Widodo, President of the Republic of Indonesia, held a phone call to discuss bilateral relations and ways to enhance ties, particularly in development areas, as part of the comprehensive economic partnership between the two countries. They also addressed several …

The Central Bank of the UAE (CBUAE) has raised its forecast for the Gross Domestic Product (GDP) growth for the UAE in the coming year, 2024, to 5.7 percent, compared to its previous projection of 4.3 percent. The bank stated in a report released today that the overall GDP for …

The Ministry of Human Resources and Emiratisation (MoHRE) has announced that Monday, 1st January 2024, will be an official paid holiday for UAE workers in the private sector on New Year’s Day. The decision aligns with the UAE Cabinet Resolution regarding approved public holidays for the government and private sectors.

Federal Authority for Government Human Resources announced that Monday, January 1, 2024, will be the New Year’s holiday for the federal government.

The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has announced that the popular traditional food Harees is now inscribed on the UNESCO Representative List of Intangible Cultural Heritage. Harees is a porridge-like dish that is most often eaten during important family gatherings, such as weddings, as …

Lieutenant General Abdullah Khalifa Al Marri, Commander-in-Chief of Dubai Police, witnessed the launch of the first edition of the ‘Rescue Heroes Challenge’ at the General Department of Transport and Rescue. The first day of the two-day event was also attended by Major General Abdullah Ali Al Ghaithi, Assistant Commander-in-Chief for …

The Central Bank of the UAE (CBUAE) released data showing cash deposits surged to AED 687.2 billion this October, marking a substantial annual increase of 10.2 percent, or AED 63.7 billion, compared to AED 623.5 billion in October 2022. Breaking it down further, the Central Bank’s cash aggregates statistics reveal …

The UAE Government has issued a Federal Law on mental health, aligning with the latest practices and advancement in mental healthcare landscape, securing the rights of psychiatric patients and ensuring the provision of the best physical and mental care. The law aims to regulate the relation between the psychiatric patients …