ArchiveMarch 2020

Multi Commodities Centre Announces Launch of Coronavirus Support Package

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The Dubai Multi Commodities Centre has announced it has launched a Coronavirus support package for existing businesses in the Centre and for new businesses looking to establish in the Centre. The package includes a range of discounts and waivers. There will be a 100% waiver for late license renewal penalties and a 100% waiver for all Flexi Desk and Centre Business Centre penalties until the end...

Prevention of Infectious Diseases Law Amended

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Qatar’s Emir has issued a Law amending the country’s 1990 Prevention of Infectious Diseases Law. Qatar Law No. 9/2020 amends Qatar Decree-Law No. 17/1990 to make it compulsory for doctors, heads of institutions and employers to report any infectious disease cases. Under the amendment, Article 4 of Qatar Decree Law No. 17/1990 has been amended to state the reporting burden will be on...

Steps Being Taken to Support Emirati Employees

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Ministerial Decision No. 280/2020 covering Emirati employees in the private sector has been issued. Under the terms of the Ministerial Decision a committee is to be established dealing with with the stabilization and organisation of Emirati employees in the private sector. Among other things, the committee has been tasked with developing special support packages which help to ensure UAE nationals...

Rules on Employment in the Private Sector (For non-citizen employees)

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Ministerial Decision No. 279/2020 on  employment of non-citizen employees in the private sector during the COVID-19 crisis has been issued changing rules on transfer of employees, salary payments and recruitment. The Ministerial Decision was issued on 26 March 2020 and Federal Law No. 8/1980 has been considered in this context. All companies registered in the Ministry are obliged to work in...

Public Transport Suspension Extended

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Dubai’s Roads and Transport Authority has announced the temporary suspension of public travel in the Emirate has been extended. The suspension of metro, tram and ship services will now last until 5 April. It is part of the National Disinfection Programme which was launched by the Health and Prevention and Interior Ministries. All marine transport services including those offered by Abras...

Central Bank Issues Coronavirus Fraud Warning

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The UAE’s Central Bank has issued a warning about Coronavirus-related fraud. The Bank said customers should not share any personal or bank account information. They added the Bank never requests this type of information. Customers should not respond to suspicious calls or messages or open hyperlinks which could be malicious. Any customer who receives any of these should inform the...

Residency Visas and Emirates IDs Will be Automatically Extended

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The UAE’s Cabinet has announced residency visas and Emirates IDs will be automatically extended for three months for free. This will apply to residency visas and Emirates IDs which expired on 1 March. The three-month period will be reviewed and may be extended. The Cabinet has also approved a waiver of administrative fines imposed on services provided by the Federal Authority of Identity...

Covid-19 : appel à projet de l’Agence Maroc PME visant à soutenir les TPME investissant dans la fabrication de produits permettant de lutter contre l’épidémie

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Face à la pandémie mondiale du coronavirus « Covid-19 », l’Agence Maroc PME lance l’Appel à Projet d’Appui à l’Investissement Technologique « IMTIAZ-TECHNOLOGIES » visant à soutenir les TPME marocaines souhaitant investir dans la fabrication de produits visant à limiter les effets négatifs de cette pandémie sur l’économie nationale. L’appui de Maroc PME consiste à accompagner les projets...

Covid-19 : mise en place du mécanisme de garantie des crédits « DAMANE OXYGÈNE »

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Dans le cadre de la mise en œuvre des mesures décidées par le Comité de Veille Économique (CVE), visant l’atténuation des effets de la crise induite par le Covid-19 et ses impacts sur les entreprises, le Ministère de l’Économie, des Finances et de la Réforme de l’Administration a mis en place, le jeudi 26 mars 2020, auprès de la Caisse Centrale de Garantie (CCG), un nouveau mécanisme de garantie...