Turkey has extended by two months a layoff ban it introduced to combat the economic impact of the coronavirus pandemic.
The presidential decision, which retains the ban until mid-November, was announced in the Official Gazette on Friday.
The measure was first imposed in April for three months, but President Tayyip Erdogan has the authority to extend it until July 2021.
Meraas unveils expanded residential masterplan for Dubai Design District
Meraas, a member of Dubai Holding Real Estate, has unveiled an expanded residential masterplan for Dubai Design District (d3), transforming it into one of Dubai’s most desirable creative-led waterfront neighbourhoods.
UAE takes over presidency of MENA financial action task force
The UAE has taken over the presidency of the Middle East and North Africa Financial Action Task Force (MENAFATF) for 2026, represented by Hamid Saif AlZaabi.
Dubai ranked world’s third most startup-friendly city in new global index
Dubai has been named the third most startup-friendly city in the world, according to a new global index that measures how well cities support entrepreneurs and early-stage businesses.
OPEC+ keeps oil output steady following steep price drop in 2025
OPEC+ kept oil output unchanged on Sunday, after oil prices fell more than 18 per cent in 2025, their steepest yearly drop since 2020, amid growing oversupply concerns.
Tesla loses EV crown to China's BYD
Tesla ceded its crown as the world's top electric vehicle maker to China's BYD after annual sales fell for a second year, with intensifying competition, the expiration of US tax credits and damage to the automaker's brand hurting demand.
