Connect with us

News

Ramadan 2022: Union Coop to offer 75% discount on 30,000 items

Published

on

Spread the love

Ramadan offers are up for grabs.

Over 30,000 items will be available at a discount of 75 per cent during Ramadan, Union Coop has said.

The largest consumer cooperative has allocated Dh185 million to lower the prices of these items.

Khalid Humaid Bin Diban Al Falasi, CEO of Union Coop, pointed out that the prices will be brought down between 25 per cent and 75 per cent on a long list of products. The discount campaign will continue for 52 days.

Al Falasi reportedly pointed out that the retail major has earmarked Dh10 million more for price reduction for this Ramadan as compared to last year.

The campaign will be carried out across all 23 branches and four commercial centres from March 13 to May 3, 2022.

He underlined that this is the biggest discount campaign since it includes six promotional campaigns in which the percentages of discounts will reach up to 75 per cent.

In addition, the retailer will also offer special rates and packages for its Gold Tamyaz cardholders such as bulk buying.

“Union Coop has allocated Dh185 million from its profits for the holy month of Ramadan campaign to reduce the prices of 30,000 food and consumer goods, from which the cooperative will allocate a large number of products to be sold at wholesale prices,” Al Falasi added.

The discount in the Union Coop won’t affect the quality standards and specifications of the products and commodities, he said.

Moreover, Union Coop will provide the delivery feature for purchases and orders made through its app and the Website.

Business

UAE warns public as two unlicensed investment firms flagged by regulator

Published

on

Spread the love

The UAE’s Securities and Commodities Authority (SCA) has issued a fresh investor alert, warning the public about two companies operating without the required licences.

In a statement on Friday, December 12, the authority identified XC Market Limited and XCE Commercial Brokers LLC as unlicensed entities, noting that both firms are conducting financial activities without SCA approval.

The regulator stressed that the companies are not authorised to carry out regulated investment services or offer any related financial products in the UAE. It also clarified that it bears no responsibility for any transactions conducted with the firms.

The warning follows a series of recent alerts as part of the SCA’s ongoing push to combat fraudulent operators. Earlier this month, the authority cautioned investors about Global Capital Securities Trading, which was posing as a licensed trading firm. On December 3, it also flagged an entity calling itself the Gulf Higher Authority for Financial Conduct, which was found using a misleading website and falsely claiming regulatory status.

The SCA reiterated that investors should verify the licensing status of any company before engaging in financial dealings, as the regulator continues monitoring for unlicensed operators and cloned platforms targeting the UAE market.


Continue Reading

News

UAE announces January 1, 2026, as official New Year holiday for private sector

Published

on

Spread the love

Private-sector employees across the UAE will enjoy a long weekend to ring in 2026, with the Ministry of Human Resources and Emiratisation (MoHRE) confirming that Thursday, 1 January 2026, will be an official paid holiday.

The announcement comes in line with the UAE Cabinet’s approved list of public holidays for both government and private-sector workers.

Since New Year’s Day falls on a Thursday, private-sector offices will resume work on Friday, January 2, 2026.

Public sector schedule

The Federal Authority for Government Human Resources has also confirmed the holiday for federal government employees. Federal ministries and entities will be closed on Thursday, with Friday, January 2, 2026, designated as a remote-work day, except for roles that require on-site presence.

Sharjah authorities have also announced the New Year holiday in line with the national schedule.

The unified holiday ensures residents across the UAE can welcome the new year with a mid-week break and extended family time.

Continue Reading

News

UAE traffic alert: Plan your journey as diversions announced on Emirates Road

Published

on

Spread the love

The Ministry of Energy and Infrastructure has announced a temporary traffic diversion on Emirates Road beginning Thursday, December 11, as part of ongoing development works aimed at improving road efficiency and easing traffic flow in the area.

As part of the plan, the slip road for motorists travelling from Ras Al Khaimah towards Al Dhaid at Interchange No. 7 will be closed for the duration of the project. Traffic will instead be redirected to alternative routes to support smoother vehicle movement and ensure road user safety.

Drivers are advised to use Interchange No. 6 and the new Khorfakkan Road tunnel as substitutes during the closure.

The ministry thanked the public for their cooperation and emphasised the importance of following traffic instructions, adhering to directional signs installed at the site, and maintaining safe driving throughout the diversion period.

Continue Reading

Popular

Exit mobile version
https://headline.ae/