Monday, October 21, 2019

May 24 18, 11:50 am

Folded umbrellas now allowed on luggages at NAIA

The Office of Transportation Security of the Transportation Department has announced on Sunday that folded umbrellas will henceforth be allowed on airplanes both as carry-on and check-in baggage. The OTS said it will be easing the prohibition on bringing folded...

Malacañang rejects 24-month probationary period for workers

Malacañang is supporting the stand of the Department of Labor and Employment (DOLE) against the proposal of Probinsyano Ako partylist Rep. Jose Singson Jr. seeking to extend the probationary period for employees from the current six months to 24. Singson said the...

Php1 billion pair of shoes unveiled in Dubai

For Italian designer Antonio Vietri recently introduced his latest master piece - a pair of shows worth Dh73 million or a whooping $19.9 USD. Convert it to Philippine peso and that's P1-billion pesos! Named as the "Moon Star Shoes," this was the centerpiece of the...

Two club security guards caught on CCTV assaulting tourist

Two club bodyguards are now facing trial at the Ras Al Khaimah Misdemeanour Court for beating an inebriated tourist at a nightclub. Records showed that the incident happened after the tourist started creating a commotion in the night club. The guards beat the tourist...

Gold price rates in UAE slightly rise after continuous decline

by | News

May. 24, 18 | 11:50 am

Prices of gold in the UAE inched higher on Thursday, May 24, following a three-day decline, as the US dollar extended losses.

Based on the latest update of Gold Prices Dubai, the price of 24K, 22K, 21K, and 18K gold are priced at Dh157.00, Dh147.25, Dh140.50, and Dh120.50, respectively.

On Monday, May 21, gold prices reached their lowest rate this year so far. 24-Karat (24K) gold was priced at Dh156.00 to Dh156.50 while 22K gold was valued at around Dh147.

The prices of gold vary depending on the purity of gold and the market it was traded in.

The Department of Economic Development (DED) displays in public the live retail gold rate at the Gold Souk in order to ensure transparency and maintain the title of Dubai as the ‘City of Gold.’

It can also be recalled that the UAE Cabinet has previously introduced a tax mechanism that will exempt investors of gold, diamond, and other precious metals from Value Added Tax (VAT).

With the new system in place, the five percent VAT in gold and diamond, among others, will only be documented in the seller’s records. The VAT, however, will not be paid by the investor.

The new law is applicable for different precious metals including gold, silver, and platinum with a purity of 99 percent or more used in trade in accordance with internationally accepted standards.

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Folded umbrellas now allowed on luggages at NAIA

Folded umbrellas now allowed on luggages at NAIA

The Office of Transportation Security of the Transportation Department has announced on Sunday that folded umbrellas will henceforth be allowed on airplanes both as carry-on and check-in baggage. The OTS said it will be easing the prohibition on bringing folded...

Malacañang rejects 24-month probationary period for workers

Malacañang rejects 24-month probationary period for workers

Malacañang is supporting the stand of the Department of Labor and Employment (DOLE) against the proposal of Probinsyano Ako partylist Rep. Jose Singson Jr. seeking to extend the probationary period for employees from the current six months to 24. Singson said the...

Php1 billion pair of shoes unveiled in Dubai

Php1 billion pair of shoes unveiled in Dubai

For Italian designer Antonio Vietri recently introduced his latest master piece - a pair of shows worth Dh73 million or a whooping $19.9 USD. Convert it to Philippine peso and that's P1-billion pesos! Named as the "Moon Star Shoes," this was the centerpiece of the...

Two club security guards caught on CCTV assaulting tourist

Two club security guards caught on CCTV assaulting tourist

Two club bodyguards are now facing trial at the Ras Al Khaimah Misdemeanour Court for beating an inebriated tourist at a nightclub. Records showed that the incident happened after the tourist started creating a commotion in the night club. The guards beat the tourist...

Taguig opens city’s first ever teacher’s lounge

Taguig opens city’s first ever teacher’s lounge

Taguig City has recently opened its first-ever teacher's lounge. The new lounge is located at EM’s Signal Village Elementary School (EMSVES) in Central Signal, Taguig City. The lounge has an entertainment area, lounge, pantry and a conference room. "Good morning!...

Phoenix, Rain or Shine tap new imports for PBA Gov’s Cup

Hoping to turn their campaigns around in the ongoing PBA Governors’ Cup, the Phoenix Fuel Masters and Rain or Shine Elasto Painters decided to bring in new imports. Phoenix has decided to send Eugene Phelps home and brought in in former NBA player Alonzo Gee....

POEA gives tips on how to avoid online recruitment scams

The Philippine Overseas Employment Administration (POEA) has intensified its campaign against online illegal recruitment schemes. In an interview with CNN Philippines, POEA head Bernard Olalia gave some tips on how to spot illegal recruiters online. Olalia said that...

UAE weather agency issues tropical cyclone warning

The National Center of Meteorology (NCM) warned of the possibility of a tropical cyclone formation in the Arabian Sea. In a warning issued on Sunday, NCM said there’s a likelihood of the cyclone forming on Thursday, Oct. 24. View this post on Instagram Notification of...

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THE FILIPINO TIMES is the biggest and most trusted Filipino newspaper in the UAE.

It has a print run of 60,000 copies and 250,000 readership per week; bolstered by 1 million visitors to its website every month. It also has an e-newsletter sent to its 250,000 subscribers every day.

The Filipino Times is FREE and has the widest targeted circulation across the 7 emirates of the UAE.

With more than 2,500 strategic distribution spots, TFT is available where the Filipinos are - at Smart Bus Shelters, Metro Stations, restaurants, supermarkets, schools, airport lounges, Emirates and Etihad Philippine-bound flights, churches, Filipino community events and many more.

THE FILIPINO TIMES. We are where the Filipinos are.

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