New UAE company directors also make the youngest cohort globally with an average age of 48, down from 49.7 the previous year
UAE companies
Latest in UAE companies
cyber attack
UAE businesses face data security risks despite adequate staff, new data reveals
Businesses in the UAE hit with $178,000 average fine for failing to comply with data security regulations
Dubai Civil Court
UAE warns of severe fines over new workplace rules
The UAE Ministry of Human Resources and Emiratisation (MoHRE) has notified employers to ensure they follow health and safety rules
commercial violation
UAE announces new visa rules for work permits
Four violations that could lead to suspension of work permits were listed out, following a new resolution
business leaders
UAE CEOs need ’empathy’ or risk business failure, says LinkedIn study
While communication, creative thinking, problem-solving are ranked higher than empathy, it is just as essential as the rest, especially as communication is critical
Edtech
‘Twitter’s loss is Dubai’s gain’: Mass firing by tech firms to trigger surge in tech talent movement to UAE
Fintech, edtech and healthtech ventures are the most sought after sectors for techies moving from India and other parts of the world to the Gulf country
cost of living
UAE businesses reject employee calls for salary boost amid surging inflation
According to the survey, nearly half of respondents are not planning to take any action regarding employee compensation in 2022
Employees
Three hybrid work myths, robbing UAE businesses of engaged workforces
Bayzat data shows that a growing number of UAE organisations now offer their employees the opportunity to spend at least some of the working week at home
Artificial intelligence
Dataiku to transform organisations with ‘Everyday AI’ at GITEX 2022
The company will showcase its its Data Science Studio (DSS) to support the UAE workforce in becoming AI-savvy
Bayzat
UAE employees ask for fuel reimbursements more amid petrol price hike: Report
Expenses for fuel reimbursements were up by 38 percent, with the average amount per claim has increasing by 18 percent
Abdullah bin Touq Al Marri
UAE mulls plan to advance Emirati investments abroad, foray to new markets under CEPA frameworks
India, Israel and Indonesia are among the countries with which UAE has signed bilateral economic and commercial pacts so far, while negotiations are underway with more countries to conclude such pacts
Diversity Equity and Inclusion (DEI)
UAE businesses need to embrace gender-inclusive initiatives
Businesses will be able to optimise growth through gender diversity and inclusivity
Artificial intelligence
UAE employees use data science more than global peers, report finds
Artificial intelligence and data science are increasingly impacting the way the world works and is set to cause massive shifts to the jobs that exist
Best places to work
Chalhoub Group tops LinkedIn list of UAE companies for career growth
Mubadala, Al Tayer, and Majid Al Futtaim remain on the list, which ranks businesses that prioritise an inclusive environment for employee growth and success
flexible working practices
Almost 7 in 10 UAE firms believe they will lose existing and new employees if they don’t embrace hybrid work culture
Close to 9 in 10 UAE companies believe that employees should be given an opportunity to request flexible working hours from day one, while one in three companies have considered flexible working hours to allow workers to commute outside of rush hours
Future of workplace
Adjusting to working from the office
Moving forward, employers have a responsibility to create a safe working environment as its employees return to the office