DUBAI - The United Arab Emirates is about to introduce a flexible work permit to permit people of all skills to do freelance jobs in the emirate.
The new permit is expected to be introduced by the third quarter of 2023 and would enable freelancers to work within the country or from any part of the world.
Revealing the details, Abdulrahman Al Awar, Minister of Human Resources and Emiratisation, said besides high-skilled people, low-skilled people can have flexible work permits that allow them to work for themselves and work with others — as long they are within the umbrella of the law and have done the proper registration with the ministry.
Al Awar said on the sidelines of the ‘Remote’ forum held on Wednesday that new policies are being developed to support all kinds of flexible and remote work.
The announcement comes months after UAE announced a series of new visas and residency permits to help the emirates' economy and attract new talent and skilled workers from across the globe.
"In the new policy, you work for yourself. It’s an adhoc job where you decide (what kind of work you wish to take up)," the minister explained.
"Some employers feel that this is more economical for them because they don’t have to take risks and decide if they want to continue with an employee or not. On the other hand, the employee is not tied to one type of organisation. This will enhance productivity in the labour market increasing people’s value in the workforce,” he elaborated as reported by Khaleej Times.
The minister was of the opinion that with such flexible work opportunities, as many as 24,000 jobs can be created by 2024.
“Two hundred people are working remotely in the ministry. These include men and women. We are looking at increasing the workforce by having 24,000 job opportunities soon. We want to support this trend. We want to attract a workforce and capital by having a supportive legal framework.
The United Arab Emirates is taking steps almost every day to help attract people from across the world either its in the form of Golden Visa or this new work permit. The emirates is also digitalizing the visa processing.
Recently, the UAE's passport was declared number 1 in the world according t the rankings released by Nomad Capitalist, jumping from an earlier position of 35.
Daily Pakistan Global Web Desk
KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on May 29, 2023 (Monday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency | Symbol | Buying | Selling |
US Dollar | USD | 307.9 | 311.15 |
Euro | EUR | 330 | 333 |
UK Pound Sterling | GBP | 381 | 384.5 |
U.A.E Dirham | AED | 84.6 | 85.4 |
Saudi Riyal | SAR | 82.6 | 83.4 |
Australian Dollar | AUD | 201 | 203 |
Bahrain Dinar | BHD | 762.21 | 770.21 |
Canadian Dollar | CAD | 225.5 | 227.5 |
China Yuan | CNY | 40.6 | 41 |
Danish Krone | DKK | 41.39 | 41.78 |
Hong Kong Dollar | HKD | 36.6 | 36.95 |
Indian Rupee | INR | 3.47 | 3.58 |
Japanese Yen | JPY | 2.15 | 2.20 |
Kuwaiti Dinar | KWD | 932.2 | 941.2 |
Malaysian Ringgit | MYR | 62.42 | 63.02 |
New Zealand Dollar | NZD | 176.98 | 178.98 |
Norwegians Krone | NOK | 26.14 | 26.44 |
Omani Riyal | OMR | 744.58 | 752.57 |
Qatari Riyal | QAR | 78.73 | 79.43 |
Singapore Dollar | SGD | 215 | 217 |
Swedish Korona | SEK | 26.73 | 27.03 |
Swiss Franc | CHF | 316.34 | 318.84 |
Thai Bhat | THB | 8.28 | 8.43 |
KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 235,800 on Monday. The price of 10 grams of 24k gold was recorded at Rs202,160.
Likewise, 10 grams of 22k gold were being traded for Rs163,624 while a single tola of 22-karat gold was being sold at Rs 190,880.
Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.
City | Gold | Silver |
Lahore | PKR 235,800 | PKR 2,505 |
Karachi | PKR 235,800 | PKR 2,505 |
Islamabad | PKR 235,800 | PKR 2,505 |
Peshawar | PKR 235,800 | PKR 2,505 |
Quetta | PKR 235,800 | PKR 2,505 |
Sialkot | PKR 235,800 | PKR 2,505 |
Attock | PKR 235,800 | PKR 2,505 |
Gujranwala | PKR 235,800 | PKR 2,505 |
Jehlum | PKR 235,800 | PKR 2,505 |
Multan | PKR 235,800 | PKR 2,505 |
Bahawalpur | PKR 235,800 | PKR 2,505 |
Gujrat | PKR 235,800 | PKR 2,505 |
Nawabshah | PKR 235,800 | PKR 2,505 |
Chakwal | PKR 235,800 | PKR 2,505 |
Hyderabad | PKR 235,800 | PKR 2,505 |
Nowshehra | PKR 235,800 | PKR 2,505 |
Sargodha | PKR 235,800 | PKR 2,505 |
Faisalabad | PKR 235,800 | PKR 2,505 |
Mirpur | PKR 235,800 | PKR 2,505 |
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