Browsing: private companies

The Ministry of Human Resources and Emiratisation (Mohre) announced on Friday that over 1,300 private companies in the UAE faced penalties for breaching Emiratisation regulations from mid-2022 to May 16, 2024.

A Dubai billionaire has urged for banks to remain open during lengthy holidays, citing the “direct harm” caused to customers and the commercial sector by their closure.

The Board of Directors at United Arab Bank (UAB) has unanimously chosen Sheikh Mohammed bin Faisal bin Sultan Al Qassimi as the new Chairman, succeeding Sheikh Faisal bin Sultan bin Salem Al Qassimi, who led the Board for almost fifty years. This selection underscores the bank’s and its shareholders’ commitment to innovation and growth amid ongoing developments in the banking industry, marking a new era of success.