UAE: Employers’ Ratings Lowered If They Delay Payment of Salaries

Emaratalyoum, 5 December 2022: The UAE’s Human Resources and Emiratization Ministry has warned companies with 50 or more employees that their employer’s rating will be lowered if they delay the payment of salaries to their workers. 

Any employer found to have delayed payment of their workers’ wages will have their rating lowered to the ‘High Risk Establishments’ category. 

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Dubai: Employer Faces Action for Violating Nafes by Appointing 43 Family Members

WAM, 28 November 2022: The UAE Ministry of Human Resources and Emiratisation has launched action against an employer who violated the provisions of the Nafes programme by appointing 43 members of his family to circumvent Emiratisation criteria and benefit financially. 

The ministry considered the appointments to be ‘fake Emiratisation’, meaning the family members were enrolled with the company without any real work for the company to exploit the Nafes benefits. 

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UAE: Emirati Nationals in Private and Banking Sectors Get Pay Rise

Albayan, 23 November 2022: UAE’s Vice Prime Minister has announced a pay increase for Emirati nationals working in the private and banking sectors to attract and support the maximum number of UAE nationals to roles in these sectors. 

The increase is valid for all employees of the private and banking sectors, regardless of the date they started or whether they were appointed before or after the launch of the ‘Nafes’ program in September 2021.  The extra financial support will be AED 7,000 for holders of a bachelor’s degree, a maximum of AED 6,000 for diploma holders and a maximum of AED 5,000 for those with high school qualifications or less.

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LexisNexis and BSA Ahmad bin Hezeem & Associates LLP host a UAE Mock Trial!

Thank you to everyone who participated in the UAE Mock Trial on 21 November 2022!

In partnership with BSA Ahmad bin Hezeem & Associates LLP, LexisNexis Middle East was pleased to host a ‘UAE Mock Trial’. This interactive event showcased the journey of a bankruptcy case through the Dubai Courts, from the initial sessions before the Court of First Instance to the Final Verdict and ultimately arriving at the Court of Appeal.

The BSA team provided step-by-step guidance through the Courts procedure when handling bankruptcy cases and delved into how the recently amended UAE Bankruptcy Law

• Impacted Director liabilities in the event of bankruptcy;
• Provides a rescue culture and a remedy to struggling firms needing debt relief.

They also looked at the punitive provisions of the law. Thank you to all participants, specifically the BSA team, for making this event a success!

Abu Dhabi: Public Warned About Issuing of Forged Commercial Licences

23 November 2022: Abu Dhabi Global Market’s (ADGM) Registration Authority (RA) has issued an alert to the public to look out for people issuing forged RA commercial licences under the name Emirates Commercial Insurance LLC. 

The RA stresses that Emirates Commercial Insurance LLC is not incorporated in the ADGM or licensed to conduct business in the ADGM. 

Falsely claiming registration to conduct business in the ADGM can lead to a fine of up to US$15,000 per contravention. 

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UAE: Consultation Launched to Seek Views on Regulation of Money Laundering

Arabian Business, 22 November 2022: The UAE’s Public-Private Partnership Sub-Committee (PPPSC) has issued a draft report as a consultation paper, seeking comments and feedback from relevant stakeholders on a proposed regulatory approach to curb money laundering and terrorism financing activities. 

The PPPSC has recommended a formal sharing agreement relating to strategic information and intelligence between the public and private sectors, as well as strict rules for confidentiality and data protection for information sharing. 

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UAE: Employers Must Pay End-of-Service Rewards to Assistant Workers

Emaratalyoum, 13 November 2022: The UAE’s Human Resources and Emiratisation Ministry has confirmed that employers are required to pay end-of-year service rewards to assistant domestic workers at a rate of 14 days’ salary for each year of service. 

The employee is entitled to the reward provided they have completed a year or more of service with their employer, and the sum will be paid once the contract or work relationship finishes. 

The ministry also confirmed that the 19 professions within the scope of domestic service employment include sailor, guard, farmer, driver, and private trainer.

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UAE: All Coronavirus Restrictions Scrapped

Albayan, 7 November 2022: The UAE’s National Emergency Crisis and Disaster Management Authority has announced that all restrictions and precautionary measures relating to the coronavirus will be scrapped, effective from 7 November 2022. 

The wearing of masks will continue to be mandatory in health facilities but is now optional in all other open and closed facilities. 

For the full story, click here.

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