Covid-19 Impact On Rental Contracts In UAE
In this pandemic situation, preserving good health of residents is indeed, yet not only the primary concern of the government of UAE as they are still issuing circulars with an intention to ease the situation of most of residents or foreign expatriates in UAE by allowing some relaxation in rental contracts.
Measures of UAE Ministry Of Labor To Curb Spread Of Coronavirus
MOHRE has issued this Resolution in line with the UAE Labor Law and to safeguard the interest of employers and employees during this pandemic.
Me or Them is the Ethical Test in Crisis
It is the moment of truth when our morals and business opportunities are evaluated by ethics, humanity and wellbeing of our businesses. This moment is examined and evaluated by internal and external factor but nonetheless based on and are connected with timely and effectiveness of such decision. In today’s world the real threat to our …
Salient Q&A on the impact of COVID-19 on the labor market in the UAE
During this critical time of COVID-19, employers are now scrambling to figure out how to keep the workflow going. Many organizations are considering layoffs and pay-cuts to ensure they make it through the COVID-19 economic crisis. At this point, the employees fear to lose their jobs and feel helpless.
10 Things to Know about the NEW Ministerial Resolution on Employment and COVID 19
COVID-19 outbreak and the precautionary measures have affected the UAE private sector massively. The Ministry of Human Resources and Emiratisation recently issued a new Ministerial Resolution clarifying the actions that would protect both the businesses and their employees. In the below article our Associate, Dr. Laura Voda, talks about the new Resolution No. 279 of 2020.
Things to Know about the “Early Leave” Initiative in UAE
The “Early Leave” initiative that has been launched recently by the Ministry of Human Resources and Emiratisation, in cooperation with the Emirates Identity Authority – EIDA and Citizenship, the Ministry of Foreign Affairs and International Cooperation, the General Civil Aviation Authority, and the National Emergency Crisis and Disasters Management Authority.
Now it is the time for Restructuring
The word “Restructuring” is the most spoken phrase in the corporate lifetimes and arguably the least understood by the company’s management. As restructuring in many of these entities is not connected with the future planning of the organization but it is in many cases has been associated with the action to be taken after the …
Is the Positive List an FDI Economic or Legal Game Changer
Once again, the United Arab Emirates proves itself as the Middle East friendliest investments market. The pass of the investments Positive List by the Federal Ministerial Cabinet is a clear indication that UAE economy planners do understand that in this new world order, open market strategy is the only way to go to achieve a …
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COVID-19: What does it mean for the insurance sector?
As discussed in our previous article[1], the effects of COVID-19 have gone beyond what we consider to be a health hazard. With the world coming to a sudden halt, there are claims being made that the stock markets have suffered the worst quarter since the year 1987[2] and we are yet to see the ultimate impact …
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What If Someone Files A Fake Cheque Case Against You?
Dishonored cheques are considered as a crime in UAE under Federal Law number 3 of 1987 on UAE Penal Code. Have you been in a situation where you issued a cheque, however, later paid the cheque amount in cash to the beneficiary but, the beneficiary failed to return the cheque or refuses to return the …
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