Uber requires drivers and passengers to wear masks in cars

Uber Technologies Inc. outlined new safety procedures at a virtual event on Wednesday, a move aimed to inspire more drivers and riders to feel comfortable getting in a shared car again. The rules will require drivers, passengers and food delivery couriers to wear face masks as cities begin to reopen across the U.S. After the […]

COVID-19 relief: Dubai family-owned businesses want 50 per cent cuts on utility bills, VAT reduction

Dubai: Business leaders of some of the biggest Dubai-based companies have requested customs duties should be cut by 50 per cent until year-end, while electricity, water and service bills should also be cut 50 per cent. Business heads have also proposed a reduction in VAT – to 2 per cent from 5 per cent. Or […]

ADQ acquires 50% stake in Al Dahra Holding Company

Abu Dhabi: ADQ, one of the region’s largest holding companies with a diverse portfolio of major enterprises spanning key sectors of Abu Dhabi’s non-oil economy, has agreed to acquire a 50 per cent stake in Al Dahra Holding Company, a multinational agribusiness group that specialises in animal feed and essential food commodities. The acquisition of […]

COVID-19 realities: More UAE companies opt to pay gratuity via installments

Dubai: Hit by cashflow concerns, more companies in the UAE are trying to pay off their gratuity settlements in installments for laid-off employees. These delays are also cropping up on other end-of-service payouts such as arrears in salary and pay-in-lieu for holidays not taken. Faced with such demands from their ex-employers, what can the affected […]