Author: Arabian Media staff
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The Ministry of Human Resources and Emiratisation (MoHRE) has taken administrative and financial measures against 40 domestic worker recruitment offices in the UAE during H1 2025. This follows the confirmation of approximately 140 violations of the country’s Labour Law governing domestic workers and its implementing regulations. The ministry said it would not show leniency toward any recruitment office found to have committed legal or administrative violations. MoHRE warned that repeated non-compliance with regulations could lead to tougher penalties, including the potential cancellation of operating licences. In a statement on social media platform, X, MoHRE said the action comes as part…
Image: DIFC The Dubai International Financial Centre (DIFC) reported its best-ever half-year results in H1 2025, with record growth across financial services, innovation, and fintech sectors. A total of 1,081 new active registered companies joined DIFC between January and June 2025, a 32 per cent increase compared to the same period in 2024. The total number of active companies reached 7,700, up 25 per cent year-on-year. The number of professionals working in the centre rose to 47,901, a 9 per cent increase from a year earlier. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy…
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Shares of Beyond Inc. rose then fizzled after hours on Monday after the online retailer, which oversees the resurrected Bed Bath & Beyond and Overstock.com, reported second-quarter results that weren’t as bad as expected. Source link
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The Dallas Mavericks star questioned the consequences of athlete contracts being public knowledge in a recent Twitch chat. Here’s what other sports pros think. Source link
You’re juggling rent, a social life, and rising up in your career, and you’ve got enough to worry about without considering retirement in 40 years. The good news is you don’t have to be an expert to build up the nest egg you’ll need if you want to have a down payment on a house or kick-start long-term wealth-building. Even better news: The lazy way to build wealth happens to also be what’s led to some of the biggest gains for people over time. The trick is to automate small, regular deposits into low-cost index funds and let the money…
Whether to make a larger down payment on a home or invest the money in the market instead is one of the perennial questions people face when purchasing real estate. Some experts advise putting more into the down payment to keep your monthly expenses down and potentially secure a lower interest rate, while others suggest you’d be better off over the long run investing a chunk of that capital at rates of return higher than your mortgage interest payments. Which option is best for you? According to Harrison Kennard, a Michigan-based chartered financial planner, the answer depends on your personal…
Competitors are stockpiling Asian imports into the U.S., Whirlpool says, until tariffs ‘ultimately support domestic manufacturers.’ Source link