Emirates to restore full employee salaries from October, Etihad extends reduced pay for staff

There are no plans to recruit new staff despite Emirates’ plans to return to a full schedule by next year. (Emirates)
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Updated 06 September 2020

Emirates to restore full employee salaries from October, Etihad extends reduced pay for staff

  • No plans to recruit just yet despite Emirates planning to return to full schedule by next year
  • Emirates, Etihad earlier asked staff to take voluntary unpaid leave

DUBAI: Emirates airline will start paying its employees’ full salaries from October, over six months after slashing pay when the Dubai carrier had to suspend flights as the coronavirus pandemic prompted a closure of international borders.

At least two Emirates employees told UAE national daily Gulf News that on Sept. 3 they received a letter from the company explaining that their wages would be restored to  pre-COVID levels.

But the allowances of staff and managers in certain categories will be cut according to the memo, the employees added.

Abu Dhabi’s Etihad Airways meanwhile extended the period of reduced pay for their staff until the end of the year, a spokeswoman for the carrier said on Sunday.

Employees will have their salaries reduced by 10 percent from September until the end of December, she said, compared to an earlier cut of between 25 percent and 50 percent which ended last month.

An Emirates spokesperson told Arab News the airline still had fewer staff, but declined to confirm how many had been laid off during since the start of the pandemic.

Emirates president Tim Clark earlier told BBC that the Dubai airline would increase the job cuts to as much as 15 percent of its workforce, having already released 10 percent. The carrier employed more than 60,000 staff before the coronavirus pandemic hit.

Arab News understands there are no plans to recruit, despite Emirates’ plans to return to a full schedule by next year, the spokesperson told Arab News.

Etihad and Emirates have asked employees to take months of voluntary unpaid leave.

The Dubai carrier is now flying to 84 destinations after reopening services to Nigerian cities of Lagos and Abuja this week. Emirates earlier resumed flights to Jordan’s capital city, Amman, widening its Middle East reach to eight cities.

Emirates on May 21 resumed regular passenger flights to nine destinations – London, Frankfurt, Paris, Milan, Madrid, Chicago, Toronto, Sydney and Melbourne – after earlier running mostly repatriation flights.


First Abu Dhabi Bank and Egypt Post launch services drive

Updated 30 September 2020

First Abu Dhabi Bank and Egypt Post launch services drive

  • The First Abu Dhabi Bank is the largest bank in the United Arab Emirates

CAIRO: First Abu Dhabi Bank in Egypt has signed a memorandum of understanding with Egypt Post to boost financial inclusion in society and improve customer services.

The strategy is in line with the country’s plan to improve and develop communication channels with citizens and improve access to basic services.

The agreement was signed by Mohamed Abbas Fayed, CEO of First Abu Dhabi Bank, and Sherif Farouk, Chairman of the National Postal Authority, Egypt Post.

A statement issued by First Abu Dhabi Bank said the memorandum of understanding will improve access to post offices, through which foreign remittances, salaries and pensions can be received and disbursed by Egyptians at home and abroad.

The partnership will also help the bank provide notification and collection services to customers, payments through its mobile smart wallet, services for collecting and paying customer dues, exchange and collection services for small and medium enterprises, credit services and contractual postal services.

The statement added that the agreement will build a culture of financial inclusion and awareness, while also reducing the cost of banking operations.

Farouk said that the memorandum will allow the authority to handle remittances of overseas Egyptians through its 4,000 Egypt Post branches across the country.

Fayed said the partnership is part of the bank’s strategy to boost access to customer services, whether individuals or companies.

He added that money transfers from outside Egypt are one of the most important sources of foreign currency for the country. Easing money transfers for Egyptians working abroad with First Abu Dhabi Bank via the National Postal Authority will increase the amount of remittance exchange outlets and transfers.

The First Abu Dhabi Bank is the largest bank in the United Arab Emirates and one of the biggest financial institutions in the world. Its network of branches are in 19 countries around the world, including Egypt.