Dubai fines three businesses for covid violations

DUBAI 5 November 2020: Field inspectors from the Commercial Compliance & Consumer Protection Sector in Dubai Economy imposed fines on three retail outlets in a shopping centre for employees’ lack of commitment to wearing masks. […]

UAE life insurance brokers commission cut to 10%

DUBAI 4 November 2020: A new set of regulations governing the UAE’s life insurance market, effective from October 15, 2020, drastically reduce brokers’ commission from 40-70 percent in the first year to 10 percent,. The […]

50% UAE residents stopped or cut savings

DUBAI 17 December 2020: New research* from Quilter, the wealth manager, reveals that the Covid-19 pandemic has caused more than half of people in the UAE to reduce how much money they save or stop […]

UAE forms covid crisis recovery management committee

ABU DHABI 1 November 2020: The Supreme Committee for Covid-19 Crisis Management, has announced the formation of the National Covid-19 Crisis Recovery Management and Governance Committee. The committee is mandated to ensure efficient recovery from […]

Etihad first airline to issue sustainability sukuk

ABU DHABI 30 October 2020: Etihad Airways has launched the world’s first Transition Sukuk and the first Sustainability-Linked financing in global aviation, under a Transition Finance Framework. This follows the first aviation financing linked to […]

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