All posts by uaenews247

Business & Investments

National Bonds: The New End-Of-Service Gratuities System Aims to Enhance The UAE’s Ability to Attract Talent and Enable Individuals to Invest in Their Future

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National Bonds: The New End-Of-Service Gratuities System Aims to Enhance The UAE’s Ability to Attract Talent and Enable Individuals to Invest in Their Future

Mohammed Qasim Al Ali, Group Chief Executive Officer of National Bonds, commented: “We are confident that the recently approved optional system for end-of-service gratuities by the UAE Government will increase the attractiveness in the UAE’s labor market and will strengthen job security. Furthermore, it will empower individuals and corporations to invest in their future and support corporates with employee retention strategies.”

Continue reading National Bonds: The New End-Of-Service Gratuities System Aims to Enhance The UAE’s Ability to Attract Talent and Enable Individuals to Invest in Their Future →
Fashion & Trends

FREE DENIM PERSONALISATION AWAITS YOU THIS WEEKEND!!

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FREE DENIM PERSONALISATION AWAITS YOU THIS WEEKEND!!

Cotton On Expands Its Footprint in the UAE with a New Store Launch in Dubai Hills Mall and Re-Launch of Deira City Center Store

Free denim personalisation with any denim purchase on Friday September 8 at Deira City Center store and on Saturday, September 9 at Dubai Hills Mall Store 5 pm onwards

First 50 customers to get AED 100 gift voucher when they spend AED 250 in-store on September 8 at Deira City Center Mall, and on September 9, these exclusive offers will be available at the Dubai Hills Mall Store 

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Real Estate

GINCO Properties Introduces VYB at Business Bay, a Luxurious Haven Starting at 1.2 million AED

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GINCO Properties Introduces VYB at Business Bay, a Luxurious Haven Starting at 1.2 million AED

The anticipated handover date for the project is September 2025

Dubai, UAE, Sep 2023 – GINCO Properties, a prominent figure in the real estate domain, is thrilled to introduce its latest masterpiece, VYB At Business Bay. This exclusive development is set to revolutionize upscale living in the heart of Dubai’s thriving Business Bay district. Offering an enticing starting price of just 1.2 million AED, VYB At Business Bay stands as a testament to opulence, elegance, and accessibility.

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Business & Investments

The UAE’s Gold Sector is Elevating to New Heights

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The UAE’s Gold Sector is Elevating to New Heights

  • Gold prices rose 5.4% in H1 2023 and are expected to rise by over 10% through 2023
  • Gold reserves for the Central Bank of the UAE (CBUAE) grew 9% (AED 1.46 billion) through the first four months of 2023 and 41% YoY (AED 64.2 billion) from April 2022 to April 2023
  • UAE shoppers purchased 9.7 tonnes of gold in Q1 of 2023

Dubai, UAE – 05 September 2023: Bas Kooijman, CEO and Asset Manager of DHF Capital S.A., cites that the price of gold rose 5.4% in the first half of 2023[1] and it could rise above 10-15% through the rest of the year; if this projection is realized, gold prices would rise by nearly AED 734 per ounce or approximately AED 50 per gram[2]. Kooijman shares insights on the market’s upward trajectory and why UAE residents can invest with confidence.

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Business & Investments

GCC IS SET FOR NEXT PHASE OF ICV

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GCC IS SET FOR NEXT PHASE OF ICV

Efficio says countries in the Gulf region will need to look to ICV programmes to maximise economic and human capital development in a post-oil future

Dubai, United Arab Emirates. 5 September 2023: GCC countries are set for a crucial 12 months in progressing their In-Country Value (ICV) programmes as the public and private sectors join together in increasing diversification away from oil and gas.

In-Country Value (ICV) programmes were initially created to increase workplace nationalisation – ensuring that investment was channelled into the development of a country’s own talent pool and resources.

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