UAE: Weeks of talks fail to resolve Dana Gas sukuk dispute, say sources

Weeks of talks between UAE energy firm Dana Gas and some local holders of a disputed $700m sukuk have failed to reach an agreement, sources told Reuters, leaving a potentially protracted legal battle as the only available option for now.

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UAE’s Federal National Council to discuss draft law on domestic workers

The UAE’s Federal National Council (FNC) is expected to discuss a draft federal law on domestic workers during a session on Tuesday, official news agency WAM reported.

 

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UAE: Empower sends 70 employees for Umrah

Emirates Central Cooling Systems Corporation, Empower, has arranged an Umrah trip to Mecca for 70 blue-collar employees. 

 

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UAE cuts fuel prices for June after extension of oil output cut

The UAE’s Ministry of Energy has announced a cut in fuel prices for June, after oil prices dropped in response to an international agreement by producers to extend the oil output cut.

 

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UAE: Abu Dhabi waives 20% co-payment for Thiqa health insurance card holders

Residents in the UAE holding the Thiqa medical insurance card will now be completely covered when visiting a private healthcare facility in Abu Dhabi.

 

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