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Khaleej Times

Industry News
Source: Khaleej Times

Schengen Visa Delays Push UAE Residents to Consider China and Alternative Destinations

UAE residents planning National Day trips face Schengen visa appointment wait times of up to two months, prompting a shift toward alternative destinations. Travel agents report that countries offering faster visa processing, including China, are seeing increased demand. Tour operators have begun releasing holiday packages while residents await official confirmation of the holiday dates.

Policy & Legal Updates
Source: Khaleej Times

UAE Labour Law Clarifies Rules on Employee Termination During Approved Leave

Under UAE labour law, employers may terminate an employee while on approved leave only for legitimate reasons and with written notice, according to legal guidance published in Khaleej Times. The statutory notice period commences only from the day after the worker's scheduled return date unless both parties agree otherwise. The required notice period must range between 30 and 90 days, and employees terminated without a valid reason may file a complaint with the Ministry of Human Resources & Emiratisation.

Industry News
Source: Khaleej Times

UAE AI Commercialisation Hinges on Adoption and Operational Change, Presight CEO Says

At the Presight Future Forum in Abu Dhabi, Chief Executive Thomas Pramotedham stated that turning AI ideas into revenue and navigating corporate change remain the sector's primary challenges. The Abu Dhabi-based firm unveiled its FutureSight platform to connect international founders with enterprise customers, government entities, and capital providers. Industry data cited shows that while 89% of firms use AI, only 6% report significant financial returns.

Industry News
Source: Menafn

UAE Business Activity Expands in September as Selling Prices Surge to 15-Year High

The S&P Global UAE Purchasing Managers' Index held steady at 55.3 in September, matching August's 20-month high and confirming sustained non-oil expansion. Firm customer demand enabled companies to pass on higher raw material and freight costs, pushing selling prices up at the fastest rate in over 15 years. Dubai's non-oil PMI rose to 54.5, posting its strongest reading in seven months amid accelerating export demand.

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