DIFC Presidential Directive ends on July 31, 2020

  • Date: 08-Jul-2020
  • Source: Gulf Business
  • Sector:Financial Markets
  • Country:UAE
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DIFC Presidential Directive ends on July 31, 2020

Gulf Business

Wednesday 08 July 2020

DIFC ends Presidential Directive on July 31

Dubai International Financial Centre (DIFC) has announced that its DIFC Presidential Directive No 4. of 2020 will end on July 31, 2020.

On April 26, the centre declared the directive, which introduced new measures for employees and businesses related to their workforce.

The directive enabled firms to take appropriate action to deal with the fallout of the Covid-19 pandemic on their businesses, during the emergency period from April 21, 2020 until July 31, 2020.

This enabled DIFC employers to take measures without the consent of their employees such as reduced working hours, leave with or without pay, reduce salary, restrict workplace access and impose remote working.

Read more: Dubai's DIFC says employers can reduce pay during Covid-19 crisis without employee consent

Following consultation with government partners and the legal community, DIFC confirmed that the directive will not be extended beyond the designated period, which ends on July 31.

Offices and retail outlets across the centre are now fully open for business. Meanwhile, DIFC continues to undertake strict precautionary measures following Dubai and UAE government guidelines.