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SAIB reports $139 million Q1 net profit

its assets increased by 20.08 percent to $43.65bn.

Nissan forecasts $5.3bn annual net loss

Last year, it announced 9,000 job cuts worldwide.

Saudia to acquire 20 wide-body aircraft

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ADIB’s Q1 net profit $517 million

Q1 2025 net profit before tax increased 18% YoY.

Emirates Islamic Q1 profit $394m

The bank's profit crossed AED 1bn mark for the first time.

UAE approves weeklong Eid al-Fitr holiday

The UAE has approved a weeklong Eid al-Fitr holiday for all federal government entities operating starting from Saturday, April 30 through Friday, May 6, 2022. (Creative Commons)
By TRENDS Desk
April 22, 2022 1:35 pm
  • The UAE Cabinet announced that the period from Ramadan 29 through 3rd Shawwal 1443 will be a paid Eid holiday for all private sector workers
  • The holy month of Ramadan began on April 2 for most Muslim countries, following observations from the International Astronomical Center

The UAE Cabinet has approved a weeklong Eid al-Fitr holiday for all federal government entities operating across the country, starting from Saturday, April 30 through Friday, May 6, 2022, with federal employees to resume duties on Monday, May 9, 2022.

The Ministry of Human Resources and Emiratisation earlier announced that the period from Ramadan 29 through 3rd Shawwal 1443 will be a paid Eid holiday for all private sector workers.

A circular to this effect was issued by the Ministry of Human Resources and Emiratisation in implementation of the Federal Cabinet’s decision regarding the calendar of official holidays. 

The holy month of Ramadan began on April 2 for most Muslim countries, following observations from the International Astronomical Center (IAC).

 

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