INSEAD Day 4 - 728x90

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

FAHR releases a circular on new week system

FAHR confirmed that it has updated the information management system in federal government (Bayanati) to cope with the new working system.
  • FAHR clarified that the official working week for federal government employees starts from Monday till Friday from 7:30am till 3:30pm daily
  • Additionally, federal authorities can activate remote working system on applicable jobs, provided that they coordinate with FAHR before implementing this system

The Federal Authority for Government Human Resources (FAHR) has issued a circular to all federal ministries and authorities on the implementation of the new working week system, in light of the extended weekend which includes Saturday, Sunday and half day on Friday, starting from 1st January, 2022.

FAHR clarified that the official working week for federal government employees starts from Monday till Friday from 7:30am till 3:30pm daily, except Friday when working hours will last till 12pm.

FAHR also urged the federal authorities to abide by the new system and benefit from the flexibility it offers, provided that this flexibility does not contradict with the work requirements and comes within the official working hours.

Additionally, federal authorities can activate remote working system on applicable jobs, provided that they coordinate with FAHR before implementing this system (either in part or full) to ensure that it meets the required conditions in accordance with the new working system.

FAHR confirmed that it has updated the information management system in federal government (Bayanati) to cope with the new working system and that it is fully ready to address any issues it may face in its implementation.

FAHR also called upon federal entities that are not linked to “Bayanati” to amend their own electronic systems in line with the new working week, including official working hours, weekends, leaves, and other related aspects, as of 1st January, 2022.