Office of His Highness Shaikh Hamdan Bin Ahmad Al Maktoum Investment

21/06/2023

We announce that 27th June to 30th June will be an official paid holiday for private sector employees in celebration of Eid Al Adha.

Eid Mubarak! ❤️

21/06/2023

The Ministry of Human Resources and Emiratisation (MoHRE) imposed a AED100,000 fine on a private sector company for evading Emiratisation targets.

The Ministry's inspection teams confirmed that the number of employees were reduced from 68 to less than 50 by transferring them to another company that belonged to the same employer. The employer took this step to circumvent the Emiratisation targets.

We call on companies with 50 employees or more to benefit from the grace period until 7th July to achieve their semi-annual 1% Emiratisation targets. Starting from 8th July, we will review companies' compliance with the required targets, and a fine of AED42,000 will be imposed for each Emirati not employed.

21/06/2023

The UAE participated in the third International Financial Architecture Working Group (IFA WG) meeting within the G20 Finance Track for 2023, held in India, which discussed the progress made on the 2023 IFA Working Group’s work plan.

21/06/2023

Businesses with a 31 December 2022 filing deadline must file an Economic Substance Notification on the M*F Portal.

For more information, please visit:
https://mof.gov.ae/economic-substance-regulations/

21/06/2023

The ultimate summer destination - Dubai. With breathtaking buildings, powdery sands, and stunning views from all around, the emirate made it to Conde Nast Traveller’s list as one of the world's prettiest cities to visit this 2023 summer.

دبي: الوجهة الصيفية المثالية. بمبانيها المميزة ورمالها الذهبية ومناظرها الخلابة الشاملة، نجحت الإمارة في الوصول إلى قائمة Conde Nast Traveller كواحدة من أجمل مدن العالم التي تستحق الزيارة في صيف 2023.

21/06/2023

21/06/2023

won first place in the ‘Top Supply Chain Projects’ award for its initiative ‘Contracting Process Reengineering,’ which focuses on digitising contractual procedures using innovative and digital technologies while maintaining operational flexibility.

21/06/2023

3.5 million passengers to pass through Dubai International from this weekend, as 6-day Eid Al Adha weekend coincides with school summer break

15/06/2023

15/06/2023

Our workers, our priority.
A ban on work performed under the sun and in open spaces will be in effect starting tomorrow, June 15th until September 15th, from 12:30 pm to 3:00 pm.
The Ministry of Human Resources and Emiratisation (MoHRE) is dedicated to employee safety and is implementing the Midday Break for the 19th year in a row.

The initiative ensures a safe workplace and protects employees from heat-related risks during summer.

15/06/2023