by Jennifer George | September 26, 2024 | Economy, Markets, News, Regulations
Shortly after the Chinese government announced a slew of economic stimuli to resuscitate the economy, a new form of aid has been established. China is set to offer cash handouts to “extremely poor people, orphans, and other needy people.” On Wednesday,...
by Jennifer George | September 25, 2024 | Economy, News, Regulations, Travel
As part of a strategic partnership, Qatar becomes the first Gulf country to become part of the US visa waiver program. In a joint statement on Tuesday, the US State Department and the Department of Homeland Security announced that Qatari citizens can now apply for...
by Jennifer George | September 23, 2024 | Economy, Industry, News, Real Estate, Regulations
According to a new law issued by Sheikh Dr Sultan bin Muhammad Al Qasimi, Ruler of Sharjah and Member of the Supreme Council, all landlords are obliged to ratify rental contracts within 15 days of issuance. However, agricultural land, residential properties granted by...
by Jennifer George | September 19, 2024 | Banking, Economy, News, Regulations
On Wednesday, the US Federal Reserve lowered its benchmark interest rate by half a percentage point, aggressively initiating a policy shift to bolster the US labor market. The Fed slashed rates by 50 basis points from the current 23-year high of between 5.25% and...
by Priyanka Sharma | September 18, 2024 | Industry, Regulations, Women
The Ministry of Economy has mandated that all privately-owned companies in the United Arab Emirates must have at least one woman as a member of their board of directors. This must be done after the completion of the current term of any company’s board. In a...
by Jennifer George | September 17, 2024 | News, Regulations, Social Media
On Monday, TikTok and its parent company ByteDance sent a lawyer to the US federal appeals court to counter an imminent U.S. ban on the short-form video app. The American law in question aims to ban TikTok as soon as 19th January on account of conspiring with the...
