Businesses in Dubai are calling for more flexible labour laws to allow foreigners to work for more than one employer. They say allowing expat workers to freelance for companies other than their sponsors, will benefit many firms who are looking to hire staff on a part time basis. Magnus Olsen is the founder of car service app Careem. He told ARN News, the sponsorship system makes it difficult to hire additional drivers, known as ‘captains’ by the firm.
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UAE, Qatar sign double taxation avoidance agreement
The UAE and Qatar have signed an agreement to avoid double taxation and prevent fiscal evasion of income taxes.
UAE, South Korea formally sign CEPA agreement
The UAE and South Korea formally signed a Comprehensive Economic Partnership Agreement (CEPA) on Wednesday, aiming to expand trade and enhance cooperation in a wide array of areas from energy to supply chains.
UAE-Korea business forum shines spotlight on high-growth sectors
The UAE-Korea Business and Investment Forum was held in Seoul on Tuesday, on the sidelines of President His Highness Sheikh Mohamed bin Zayed Al Nahyan's official visit to South Korea.
Alef Education to raise up to $515 million in stock market float
Alef Education Holding plc has announced the price range for the sale of its shares and the start of the subscription period for its Initial Public Offering (IPO) on the Abu Dhabi Securities Exchange (ADX).
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