The unemployment insurance scheme will also benefit businesses by promoting the smooth and efficient operation of the employment market for Emiratis and expats alike, experts said |
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| The top areas of interest for villas and townhouses in April 2022 were Dubai Hills Estate, Palm Jumeirah, Arabian Ranches, Damac Hills, and The Springs, according to a Property Finder report
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| Banks’ strong profitability, capitalisation, and liquidity provide a financial buffer against potential incidents, an S&P Global Ratings report said
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| The country is increasingly turning to entrepreneurship as a means to boost its economy
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| The agreement follows an announcement made on 9 March 2022, which ended a travel ban and permitted Saudi nationals to travel to Thailand
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| A 4.7 megawatt solar project is being built to power one of the country’s production plants
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US President Joe Biden’s administration sent some of its highest-level officials to the UAE, including US Vice President Kamala Harris, Secretary of State Antony Blinken, Defense Secretary Lloyd Austin, and CIA Director William Burns, to pay respects to the UAE’s late ruler Sheikh Khalifa |
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| Under the direction of Sheikh Khalifa, more than 230 public schools were constructed, over 32 government health facilities were established, and more than 4,300km of roads were completed in the UAE
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| Through his work as President, Sheikh Khalifa bin Zayed made a personal contribution to regional stability and conservation which will long be remembered, the UK Prime Minister said
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| The kingdom's total government revenue rose to $74 billion in the first three months of 2022, while capital expenditures dipped 1 percent with the kingdom relying on its sovereign wealth fund for domestic investments and projects
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| The boom in global wheat prices, significant supply disruptions, and the rapidly diminishing stocks across the country are pushing Yemen’s food security crisis to “the point of no return,” an expert said
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| Direct air carbon capture is witnessing increased interest with with Climeworks raising $650 million – an unprecedented sum for the market, Carbon Engineering raising in excess of $100 million, and Verdox raising $80 million in 2022
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Vikram Gupta, the founder and managing partner of IvyCap Ventures says that there will be a considerable scope of opportunities for SMEs, which will ultimately lead to job creation and employment avenues |
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| Mobile money services are connecting millions of unbanked and underbanked populations in the region to digital financial services
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| By making products safer, more efficient, and reliable, we can drive growth while also working towards a healthier planet
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The unemployment pay scheme will provide financial security and ensure the availability of income for expats in the UAE and Emiratis who have lost their jobs |
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