Etihad Airways has announced its decision to reduce staff pay by 10 per cent in a bid to offset the impact of the pandemic.
In a statement sent to ARN News, an Etihad spokesperson explained that the new payment scheme came into effect on September 1 and will continue until the end of the year.
This comes in the place of the earlier 25-50 per cent salary reductions.
In a statement, the Abu Dhabi-based carrier revealed that it has also reintroduced all staff allowances.
Andre Agassi to headline 11th Dubai International Project Management Forum
Under the patronage of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence and Chairman of the Executive Council of Dubai, the 11th edition of the Dubai International Project Management Forum (DIPMF) will bring together an elite line-up of local and international speakers, including ministers, heads of authorities and institutions, and senior executives from leading global companies.
Disney+ joins 1 Billion Followers Summit as strategic partner
The 1 Billion Followers Summit, the world’s largest global event dedicated to the content creation economy, has announced Disney+, the streaming service of The Walt Disney Company, has joined as a Strategic Partner for its fourth summit.
China hits US defence firms with sanctions over Taiwan arms sales
China's foreign ministry has announced sanctions targeting 10 individuals and 20 US defence firms, including Boeing's St. Louis branch, over arms sales to Taiwan.
Dubai Free Zones Council reviews efforts to boost investor experience
The Dubai Free Zones Council, chaired by His Highness Sheikh Ahmed bin Saeed Al Maktoum, held its 33rd meeting to discuss key priorities aimed at boosting Dubai’s business environment.
ADFD finances project to enhance water security in Mauritania
Abu Dhabi Fund for Development (ADFD) has contributed to a strategic project that will supply the city of Kiffa and the surrounding region in Mauritania with potable water.
Dubai’s Roads and Transport Authority has set a new record after its latest distinctive vehicle number plate auction generated more than AED109 million in revenue, the highest total since the auctions were introduced.
Abu Dhabi has become the first in the world to deliver Itvisma, a one-time gene therapy specifically designed to target the underlying genetic cause of spinal muscular atrophy (SMA) in patients aged two years and above.
The UAE International Aid Agency has signed a cooperation agreement with the Norwegian Refugee Council to provide assistance to refugees in East Africa, contributing with a grant of $8 million.
