The country has reported 2,359 cases of coronavirus and 12 deaths
Gold futures surged above $1,700 an ounce to the highest since 2012
Sectors that are exempt sectors will operate as usual
The decision can only be carried out with consent from the employees
The emirate’s GDP grew 4.6 per cent, up from around Dhs592.9bn in the first nine months of 2018
All establishments are to comply with this directive and employers must book a round ticket for employees availing of this facility
The decision was announced following a virtual cabinet meeting on Sunday
Saeed replaces Mubarak Rashed Khamis Al Mansoori who occupied the post since 2014
The Abu Dhabi Department of Economic Development will be carrying out inspection visits to ensure compliance with its directives
Companies can post mission-critical jobs for free on the platform from April 1 to June 30
Consumers can raise complaints or pose queries regarding the prices of the commodities via the website itself
The chamber organised its first online workshop in partnership with McKinsey & Company
Companies must set up screening points at the entrance to its offices and limit the number of office-based workers to not more than 30 per cent of its workforce
The global benchmark crude has already plunged to record lows, completing the worst quarter in history on Tuesday
While the Covid-19 outbreak has created pandemonium globally, some business segments from education and entertainment to telemedicine and telecommunications now have a bigger role to play than ever before
The provisions of the new resolution are only applicable to expatriate employees
If required, the suspension will be extended beyond the end of April too
The service can be availed through the chamber’s website or its smart application
Rents will be postponed for six months while temporary contracts will be handed out
Imprisonment judgements on all rental-related cases have also been suspended
The directive is effective from March 25 until April 9
Demand is down about 15 million to 20 million barrels a day and will shrink further with India’s decision to go into lockdown
The nation’s central bank earlier this month rolled out a $27bn package
All shops within these markets will be exempted from paying rent for three months
The emirate listed a $1bn sukuk on Nasdaq Dubai in April 2019, and another $750m sukuk in October
The volume of infrastructure deals has increased to $73bn so far this year, more than the $68bn of transactions announced during the first quarter in 2019
Those who necessarily need to be present in the office will work shorter hours and in shifts
The Finance Ministry it would exempt the private sector from some government fees and delay other payments
Income losses for workers are estimated between $860bn and $3.4 trillion by the end of 2020
The move follows a similar announcement by the US Federal Reserve