Bank holiday in UAE for Islamic New Year declared

The New Islamic Year holiday for banking sector in the UAE will be on Sunday, August 23, and official work will resume on Monday, August 24. Earlier, the Ministry of Human Resources and Emiratisation (MOHRE) announced that private sector employees in the UAE will get a holiday for the Hijri New Year on Sunday 23, […]

Pakistan can generate $6b in savings from revitalised shipping industry

Islamabad: Pakistan could save up to $6 billion annually if it built more capacity in its domestic shipping industry – a sum that is equal to the IMF bailout package that the country is receiving. “Nearly 85 percent of Pakistan’s total international trade (of about 100 million tons) is carried out by foreign ships on […]

It’s the 35-45 year olds who are seeking new jobs in the UAE now

Dubai: The 35- to 45-year olds are more likely to be searching for new jobs than the young as the pandemic unsettles the UAE’s employment market. While 28 per cent between 18-24 years have checked out options, it was 34 per cent among those in the 35-45 group. It was just as high among the […]