Connect with us

World

UAE changes its weekend to align with West

Published

 on

(Last Updated On: December 8, 2021)

The United Arab Emirates will shift to a working week of four and half days with a Saturday-Sunday weekend from the start of next year to better align its economy with global markets, but private companies will be free to choose their own working week, Reuters reported.

The oil-producing Gulf state, the region’s commercial, trade and tourism hub, currently has a Friday-Saturday weekend. From Jan. 1, however, the weekend will start on Friday afternoon, including for schools, a government circular said.

“Each company, depending on the sector they operate in and what suits and serves their business best, can choose the weekend they decide for their employees”, Minister of Human Resources and Emiratisation Abdulrahman al-Awar told Reuters.

According to Reuters over the past year, the UAE has taken measures to make its economy more attractive to foreign investment and talent at a time of growing economic rivalry with Saudi Arabia.

Addressing any religious sensitivities in the Sunni Muslim-ruled country, where expatriates make up most of the population, the government said work on Friday would end at 12 noon before Muslim prayers, which would be unified on Friday across the UAE, read the report.

It said the longer weekend would improve employees’ work-life balance and noted that several majority-Muslim nations, such as Indonesia and Morocco, have Saturday-Sunday weekends.

The UAE said the move would “ensure smooth financial, trade and economic transactions with countries that follow a Saturday-Sunday weekend, facilitating stronger international business links and opportunities” for UAE-based and multinational firms.

According to the report the change will impact state entities like the central bank, which would communicate details about the new working hours to commercial banks, said al-Awar, adding that UAE stock exchanges would also be more integrated with global markets.

“This change will enhance the integration of the banking sector in the UAE with the banking community internationally… it will eliminate the gap that existed in the past,” he said.

Mohammed Ali Yasin, chief strategy officer at Al Dhabi Capital, said the financial sector would benefit from being able to make simultaneous payment settlements with developed markets and the tourism industry would also be a beneficiary.

“It could be a good experiment for other countries in the region,” he said.

Friday is a weekly holiday in the other five Gulf Arab states and many predominantly Muslim countries.

Monica Malik, an economist at Abu Dhabi Commercial Bank, said she expects many private sector companies in the UAE to follow the Saturday-Sunday weekend, describing the move as a “very meaningful development” alongside other recent reforms.

The UAE has liberalized laws regarding cohabitation before marriage, alcohol and personal status laws in addition to the introduction of longer-term visas to lure businesses and talent, Reuters reported.

World

Mexico records deadliest year yet for journalists, with 18 murders so far

Published

on

(Last Updated On: August 19, 2022)

This year will be the deadliest on record for journalists in Mexico, with 18 killed so far, human rights organization Article 19 said in a report Thursday, Reuters reported.

Of the 18 deaths, Article 19 had identified a potential link to their work in nine cases so far, the organization’s regional director Leopoldo Maldonado told Reuters.

“2022 could be the worst year in a century for the press,” Maldonado said.

In a little over eight months, the death toll for 2022 has already outpaced the 13 murders recorded last year and the 14 recorded in 2020. Article 19 found the deaths were linked to the victims’ profession in about half of the cases in 2021 and 2020, it said.

Meanwhile, the organization has documented a total of 331 attacks against journalists in the first half of the year, most of which involve intimidation and harassment. Some also received threats, while a handful of cases involved the alleged abuse use of public power.

That marks a 51.83% increase compared to the first half of 2018, when former President Enrique Pena Nieto was in power, it said.

According to Reuters in addition, Article 19 said four journalists had been forcibly displaced within the country while two went into exile in the first half of the year.

“The role that the authorities have in the violence against the press clearly reflects a breach of the state’s obligations to guarantee the rights and integrity of journalists and the media,” the report added.

Mexican President Andres Manuel Lopez Obrador has said repeatedly that his government does not attack the press and that recent murders were by criminal groups, read the report.

Article 19 alleged the state was behind most attacks on the press, with 128 cases recorded in the first half. This is “a trend that has been consistent since 2007,” the group said.

Continue Reading

World

Israel and Turkey to restore full diplomatic relations

Published

on

(Last Updated On: August 18, 2022)

Israel and Turkey have decided to restore full diplomatic ties and will return ambassadors to each other’s countries, Israeli Prime Minister Yair Lapid’s office said on Wednesday.

“Upgrading relations will contribute to deepening ties between the two peoples, expanding economic, trade, and cultural ties, and strengthening regional stability,” the statement said.

Turkish Foreign Minister Mevlut Cavusoglu confirmed the move saying, “Appointment of ambassadors was one of the steps for the normalization of ties. Such a positive step came from Israel as a result of these efforts, and as Turkey, we also decided to appoint an ambassador to Israel, to Tel Aviv.”

In 2018, Turkey recalled its ambassador to Israel after deadly protests on the Gaza border and then-US President Donald Trump moved Washington’s embassy to Jerusalem. Israel also pulled its ambassador to Turkey, Deutsche Welle reported.

Cavusoglu said on Wednesday, “we are not giving up on the Palestinian cause.”

“It is important for our messages to be conveyed directly through the ambassador,” he added.

In recent months, however, both Turkey and Israel have made moves to improve relations.

In March, the countries announced a new era in relations when Turkish President Recep Tayyip Erdogan met with Israeli President Isaac Herzog in Ankara, DW reported.

On Wednesday, Lapid described the diplomatic breakthrough as an “important asset for regional stability and very important economic news for the citizens of Israel.”

Continue Reading

World

Turkish airstrikes on Syrian border posts kill 17

Published

on

(Last Updated On: August 17, 2022)

Turkish airstrikes on Syria border posts run by regime forces killed 17 fighters on Tuesday, according to a war monitor, prompting the Damascus government to threaten retaliation.

“Seventeen fighters were killed in Turkish airstrikes that hit several Syrian regime outposts… near the Turkish border,” the Syrian Observatory for Human Rights said.

It did not specify if the victims were affiliated with the government or Kurdish forces.

At least three Syrian soldiers were among the dead and six were wounded in the Turkish raids, said the official SANA news agency, citing a military source.

“Any attack on a military outpost run by our armed forces will be met with a direct and immediate response on all fronts,” read the report.

The strikes took place near the Kurdish-held town of Kobane, the site of overnight clashes between Turkish forces and the Kurdish-led Syrian Democratic Forces (SDF).

Kurdish forces also struck inside Turkish territory overnight, killing one soldier, Turkey’s defense ministry said.

“Thirteen terrorists were neutralised” in retaliatory attacks by Ankara inside Syria, the ministry said, adding that operations in the region were ongoing.

Turkey has stepped up its attacks in Kurdish-controlled areas of Syria since a July 19 summit with Iran and Russia failed to green-light a fresh offensive against Kurdish fighters viewed by Ankara as terrorists.

Turkey has fervently opposed Syrian President Bashar al-Assad, backing rebels calling for his removal and opening its doors to refugees.

Continue Reading

Trending

Copyright © 2022 Ariana News. All rights reserved!