The Times of India

UAE among worlds fastest-growing billionaire hubs with 17 residents worth $212.6 billion: Forbes

Indian-origin billionaires are increasingly powering the UAE's wealth, with nine individuals on Forbes Middle East's 2026 list commanding $49.9 billion. These entrepreneurs have built multi-billion-dollar businesses across various sectors, reflecting the UAE's appeal as a hub for global wealth due to its business-friendly policies and strategic location.

14 May 2026 4:43 pm

UAE clarifies rules for workers changing jobs after contract ends, warns of one-year permit ban

UAE employees can now legally switch jobs after their contracts end or by mutual agreement, with the Ministry of Human Resources and Emiratisation clarifying new rules. While job mobility has been eased, certain violations like unauthorized absence can still result in a one-year work permit ban.

14 May 2026 3:46 pm