The UAE Ministry of Human Resources and Emiratisation onboarded seven new financial institutions to broaden Wages Protection System channels. The platform transitioned entirely to digital verification, removing physical documentation requirements for salary file registration.
The UAE federal government has introduced amendments to its heavy vehicle regulations, establishing a maximum truck weight limit of 65 tonnes across the country's roads. The rule enters into force on 1 October, with a four-month grace period granted to operators before financial penalties begin on 1 February 2024. Compliance will be tracked nationwide through 24 newly installed smart electronic monitoring gates.
The Dubai Financial Services Authority has fined former financial executive Gary Joseph Peters $210,000 for providing false and misleading information. Peters was also banned from working in or conducting financial services within the Dubai International Financial Centre.
Sheikh Ahmed bin Saeed Al Maktoum approved a strategy to establish the Global Centre for Research and Technology for Economic Zones under the Dubai Integrated Economic Zones Authority. The centre aims to enhance foreign direct investment attraction by developing common standards and advanced operating models across economic zones. Its objectives align with the Dubai Economic Agenda D33 and the 'We the UAE 2031' Vision.
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