Revenue increased by 15 per cent to Dh25.4 billion primarily due to higher commodity prices within the oil and gas segment
Dubai Chamber has announced that it will shift to a 4.5-day working week starting 3rd January, 2022, in a move that falls in line with a newly approved work week for UAE federal government employees.
The official working hours will be 9 working hours per day Monday-Thursday, from 8am until 5pm, and four working hours on Friday (8:00-12:00).
The Federal Authority for Government Human Resources proposed the new workweek following comprehensive benchmarking and feasibility studies reflecting potential impacts of the move on the economy, social and family ties and the overall wellbeing of people in the UAE.
ALSO READ:
Currently, the Chamber offers 50 smart services to Dubai’s business community through its website and mobile applications.
These services cover everything from certificates of origin, attestation, ATA Carnets and credit reports, economic research, market intelligence, policy advocacy, business mentorship, business matching, mediation, to training, seminars and workshops related to e-commerce, startups, sustainability, CSR, legal matters and international expansion.
Revenue increased by 15 per cent to Dh25.4 billion primarily due to higher commodity prices within the oil and gas segment
According to legal experts, losing his case might force him to sell even more
Occidental’s stock jumped nearly five per cent on Tuesday to trade for $62.89 after Buffett revealed his latest purchases of nearly 6.7 million Occidental shares worth more than $400 million
Recession, demand expectations also weigh on market; Russia oil exports halted via southern leg of Druzhba pipeline
In July, the Dubai PMI rose to 56.4 in July from 56.1 in June, underscoring the resilience of the non-energy private sector economy by showing the best performance since June 2019
The increases varied according to seniority and were part of a mid-cycle salary adjustment for inflation, with top executives receiving smaller or no increases
Russia oil exports halted via southern leg of Druzhba pipeline; Recession, demand fears also weigh on market; EU puts forward ‘final’ text to resurrect Iran nuclear deal
The petrochemicals company attributes the increase in profit to higher average selling prices despite an increase in feedstock costs and higher selling and distribution expenses