Binance, which employs over 1,000 staff in the UAE, has introduced precautionary relocation options to ensure employee safety and maintain uninterrupted global operations through its remote-first model.
The real risks include rising informality, worsening working conditions, wage suppression, and increasing working poverty, child labour, and forced labour, leaving deeper scars on the world of work, notes ILO chief economist Sangheon Lee.
The decline can be attributed to a combination of factors, including workforce nationalisation initiatives, evolving employment patterns, and broader global economic conditions.
The new competency-based framework marks a transformative shift in OSH regulation, ensuring verified qualifications, enhanced practitioner performance, improved service quality, and safer workplaces across Abu Dhabi.
Despite engagement staying below 30%, employees across the Gulf are thriving, with 55% in the UAE, 52% in Oman, 51% in Saudi Arabia, and 50% in Kuwait reporting positive life evaluations.
