Is it legal? privately borrow money in UAE

UAE is one of the few countries in the world where 80 % of the population is from other countries and only 20% is indigenous. 50 percent of foreigners on work visas do not qualify the bank requirements for a personal loan, so they borrow money in the UAE from individuals.

Today, in this post, I will cover the practice on the ground as well as the legal provisions for lenders and borrowers.

What are the consequences of borrowing money from friends or lending money to them? It is common practice in the UAE to borrow money from friends and send it to their home country.

When my salary is insufficient to cover the one-time cost of a certain event in my home including children’s education, the marriage of family members, medical emergencies, and so on, I borrow money from a coworker and send it to my house.

Okay, these are the normal things among the expatriate workers in the country. Suppose you lend the money and What is the legal provision if the Brower does not pay back you?

According to UAE law, lending money without a license from the country’s central bank is prohibited for any individual or institution.

However, in the Sariah law lending money to friends or others is not haram but taking the interest is haram. According to Sharia law, helping others, including financial support, is not considered sinful but rather honorable behavior.

Sharia is the primary law of the UAE, which means that you can give and borrow money just for the purpose of helping others, not for personal gain.

According to the UAE Center Bank, borrowers and lenders in the country without its approval are illegal, therefore both borrowing and lending activities are punishable under the country’s legislation.

What to do when you lend money in the UAE?

If the borrower does not repay your money, you may have no option except to pursue the borrower through bullying, which is unlawful under UAE law.

Anticipating this scenario, you should prepare a legal document signed by both you and the borrower. This document is critical because it will serve as evidence in the event of a court hearing.

Furthermore, you can request a bank cheque for a specific period of time, and if the borrower fails to repay it, you can bounce the Cheque. Issuing a Cheque without a balance carries severe penalties in the UAE, therefore, the borrower will honor the Cheque’s issued date and maintain the balance.

Is this permissible to borrow money in the UAE?

Although the UAE central bank prohibits private lending and borrowing without a license from it, local citizens have engaged in these activities.

From a Shariah, legal perspective, it is permissible to assist individuals financially in their needs. However, the majority of people have already developed a money-oriented mindset.

If you have not assisted them with a pure heart, you have lent them to earn financial gain they may not repay you.

If the borrower does not repay you, you must have evidence and witnesses to pursue legal action; consequently, I recommend that you not engage in such transactions in the UAE; but, if you do, you must have documentation or an issued cheque.

How to apply for and get the Apple UAE careers?

Apple has three stores in the United Arab Emirates one in Abu Dhabi and two in Dubai. Although the company has only limited stores in the UAE it has many dealers which sell apple’s products. Apple has hired around a thousand employees in this country to support its customers and clients. If you’re looking for Apple UAE careers, you have come to the right place because I’ll tell you the entire process of becoming an employee of this company.

As an extraordinary brand around the globe, the company has provided the utmost well-being of its employees, so people feel fortunate if they get a job at Apple. The organization has numerous departments, however, in the UAE, the company hires technicians, specialists, and engineers for the repair center, salespeople for the selling department, and logistics workers for the logistics.

The nature of the work may vary depending on your roles in this company, but you will always feel as if you are working in a family rather than an institution. Apple UAE is also one of the best places to work because the company values its employees.

How to get Apple UAE careers?

First and foremost you must possess the technical skills to look for career opportunities in the apple company, Even if you are not a technical person, you should have at least two years of experience in a similar profession in the UAE or your home country.

The company also offers intensive jobs to university students in the United Arab Emirates. Whether you are a recent graduate or have previous experience. A career with Apple can provide you with the most valuable experience of your working life.

How to look for a career in apple store UAE?

Many websites post job opportunities in the Apple company in the UAE. However, if you check the corporate website, these roles may not be available; therefore, the credibility of the job you found online, particularly the job portal, is doubtful.

If I suggest you on finding a job at a highly valuable company like Apple, I recommend that you visit their official website and search for job opportunities. The organization uses an AI (Artificial Intelligent) application monitoring system that selects the most qualified individuals for interviews depending on the keyword you include in your CV.

I do not recommend that anyone apply for a job at Apple using a third-party website because all company posts all the required positions on the official platform. There is a high chance of job fraud while you use the third-party website to apply for apple store UAE careers.

The interview is the pivotal point in your career with this company, and being well prepared for it can help you land a job with this highly desirable organization.

You should proceed with utmost caution when entering your information, because, the application process is fully online and the shortlisting process is automated using artificial intelligence technologies.

If you want to work for a firm that values and inspires your passion for the company, look no further than Apple. The working culture of this company is international stander hence, it is the best company to work in the UAE.

Apple Career in Dubai

How to look for dubai government jobs for expats?

Dubai government jobs are the best professional prospects for expatriate job seekers worldwide. Dubai’s government is one of the institutions that has hired the majority of its personnel from other countries. As I often advise you on how to find a job in the Gulf region, in this post I will explain how to search for Dubai government jobs for expats.

For the previous ten years, the UAE government’s recruiting policy has been favorable to UAE nationals; however, there are still many positions that cannot be filled by UAE nationals due to a lack of skilled personnel.

The Dubai government has several agencies that require a large number of workers to run and offer public services. From junior to senior positions in the public sector, expatriates and UAE natives have balanced 50/50.

How to get government jobs in UAE?

Expats and UAE nationals should use the same channel to find work in the public sector. I’ve broken the process down into five sections, which are as follows:

  1. Search for the Job in the official portal;

The Dubai government offers an employment platform where all government organizations post their requirements based on their resources. A comprehensive website called www. dubaicareers.ae is available online, and more than 100 government positions are posted there every day.

If you’re looking for Dubai government jobs for expats, you must first visit this website and search through the thousands of available openings. If the post requires just UAE nationals, you will see “UAE national.” the position requires foreign nationals, you will see “all nationality.”

You believe you meet the qualifications for the available post, click on the apply button to submit your application online. You must fill in the required information about yourself and submit your CV for assessment.

2. Interview;

The relevant ministry recruitment team will review your CV and invite you for an interview. When attending the interview fully prepared, take all the educational and experience documents with you, use the appropriate dress and other formal things that impress the interviewers.

For the senior job, the written exam can conduct, if you pass the examination may require to provide your documents for the further process.

3. Visa Application;

In comparison to the private sector, government personnel receives visas much more quickly, therefore you might obtain a work permit within 15 days.

4. Training;

The New workers must learn the departmental culture and work environment, therefore, they go through a week of training before taking full responsibility for their jobs.

5. Appointment;

After completing the training you will get an appointment for the specific roles that you have been hired for.

The above are the five steps of the recruitment process of local government jobs in Dubai, All the government jobs do not publish in the dubaicareer.com some of the junior level jobs fill through a contract base. Therefore the contractor companies hire themself and supply as per government requirements.

Government jobs in Uae

 

How people get Europe work visa from dubai?

The United Arab Emirates has not only become a popular destination for foreign workers, but also a land of opportunities, one of which is relocation to another country from the UAE. In this post, I will cover how to obtain a Europe work visa from Dubai or the United Arab Emirates.

Going to the Schengen region for work from Asian countries such as Nepal, India, Pakistan, and others is difficult because there are many regulations, and most Asian countries do not have labor agreements with European ones.

If you are currently in the UAE on a resident visa, you can apply for and receive a tourist or visit visa through a straightforward process.

You may be required only certain documents and travel insurance in order to obtain a tourist visa for Schengen while obtaining it from your own country can be much challenging.

There are differing requirements for tourist and work visas in European countries; a Schengen tourist visa allows you to visit the region’s 22 countries, whilst a work visa allows you to work in the Schengen area.

Is it easy to go to Europe for work from UAE?

Although many people of diverse nationalities have successfully entered European countries through this route, the process from the UAE is the most difficult because you risk losing your money if you do not select a legitimate employment firm and agent.

Who needs a visa to work in Europe?

People from the visa waiver countries including America, Australia, Canada, Israel, Japan, New Zealand, Switzerland, as well as EU member countries do not require the visa to enter and work in the Schengen region.

People from other nations, on the other hand, must have a work permit and a resident visa to enter European countries. You may already be aware of the region you belong to and whether or not you require a work visa.

Obtaining an employment visa from the UAE to work in a European nation requires five steps to complete. Prior to applying for a visa, you must find work in any Schengen member country.

Some agents can help to find a job in the Schengen area from Dubai, but be cautious of scammers. You can cooperate with the agent if he or she has an excellent reputation for relocating people from Dubai to Europe.

On the other side, you can apply for a job online and deal directly with the company, but this is not the safest method because a fake employer can influence you and cause you to lose money.

Finding a job does not guarantee that you will be granted a visa to enter a Schengen nation because additional conditions must be met. Here are the five steps that everyone must undertake.

The process for Europe work visa from Dubai

  1. Complete the application form;

You must fill out a visa application form, which may be downloaded from any EU consulate website. The information that you have provided should be relevant otherwise you can get into trouble.

2. Book an appointment;

You should take an appointment with the EU consulate’s office in the UAE to hand over your application. You can apply for an appointment on the VFS worldwide website by submitting an online request.

VFS Global not only provides a platform for online applications, but they also assist you with the whole documentation, visa processing, ticketing, and other processes.

For an EU work visa, you must interview at the embassy of the relevant nation in the UAE. Attend the interviews with all of the necessary paperwork.

3. Prepare your paperwork

European countries share a common set of rules and regulations, but each country has its own policy when it comes to the work visa process.

However, valid visa holders can travel to European countries, and if they obtain a resident visa from any EU member country, can work freely in this zone.

The following are the basic requirements for applying for a work visa in Schengen countries:

  1. Application form: A fully completed visa application form, signed on both sides by you.
  2. Photos: The PP size photographs should have taken no more than three months to deliver.
  3. Valid Passport: Your passport should be valid for at least three months before you plan to leave the Schengen area. The passport should have two blank pages for the visa sticker.
  4. Round trip ticket: It is necessary for tourist and visit visas holder, but does not require a European work visa from Dubai.
  5. Insurance: Before flying to the EU, you must purchase insurance coverage for up to 30,000 Euros to cover medical emergencies while in Europe and return to your home country.
  6. Accommodation proof: You must deliver the rent agreement form to the owner of the house where you will live.
  7. Employment contract: The legal document signed by the employer and the employee.
  8. Proof of academic qualification: The relevant country’s ministry of education should verify the authenticity of your qualification certificates.
  9. NOC letter: None objection letter from your current employer in the UAE.
  10. Other documents: Including a UAE residency visa, UAE work permit, and your passport.

4. Submit your application;

After completing the necessary paperwork, you must submit your visa application to the consular office. The submission date will be notified on the interview date; please be at the consulate office as early as possible.

Confirm that you have brought all required documents with you while visiting the consulate office for visa processing, because,  they can turn you away to obtain the documents again, causing the procedure to be delayed.

Apart from consular offices, you can apply for a visa through their embassy or visa application center, similar to VFS global.

5. Receive your visa;

You will be notified when your passport is ready for collection after the visa has been stamped. Some of the most advanced embassy websites allow you to track the status of your visa application.

There is no need to make an appointment to pick up your passport; simply come in during office hours.

Regardless of the rejection, the entire process can take 3 to 6 months, depending on the country for which you applied. Here are some of the most common reasons for visa refusal.

  1. A damaged or invalid passport
  2. No employment contract
  3. Flight booking not confirmed
  4. Travel insurance is not valid
  5. Cannot confirm the purpose of the trip.

Conclusion:

Many people are looking for a European work visa from Dubai, and you could be one of them. You may find both success and unsuccess stories of the people on this journey.

As far as I am aware, the procedure of obtaining a Europe work visa from Dubai is much easier than in our nations such as Asia and Africa, but it is difficult to find a competent agent who can work for you without deceiving or demanding a large amount of money as a service fee.

Bitoasis contact number

Bitoasis is the leading cryptocurrency trading platform in the Gulf and South Africa region, with headquarters in the United Arab Emirates. It is also no exception, like other crypto trading platforms, has the issue of depositing cash, trading currencies, and withdrawing crypto as real money. If you have an issue there is no bitoasis-contact-number but how can contact them go through this post you would know about it.

Since 2015, BitOasis has allowed crypto-traders to purchase and sell more than 21 digital currencies, as well as deposit and withdraw funds in AED (United Arab Diram) and SAR (Saudi Riyal).

As the first successful trading platform in the Gulf region, the company has over a million active users who utilize the Oasis system to trade and manage their cryptocurrencies.

If you are a crypto enthusiast who lives in the PAN Arabia region, you may have heard of this company. There are several cryptocurrency platforms that offer similar services to Bit oasis. Although they are based in other regions, have focused on users from the middle east and North Africa.

Is bit oasis legal in the United Arab Emirates?

The company has registered to ADGM (Abu Dhabi Global Market) and has received the license from the Financial Services Regulatory Authority (FSRA) in April 2021. BitOasis also have a registered GoAML Anti-Money Laundering System in the UAE.

Although the bit oasis has been offering services unknowingly for the last six years, in 2021 the company was registered as a legal entity; hence, there is no doubt that the company is operating lawfully.

What is the Bitoasis contact number?

Although the company’s phone number is not listed on their website, there are various options to reach their support team and account department in the quickest and most convenient manner.

When you encounter an issue and require assistance from the Bitoasis team, you can submit a support ticket. They will contact you as quickly as possible, however, the service taker stated that they respond within three business days.

Conclusion;

I checked for their phone number in the Etisalat yellow book and BLEX Financial Limited’s phone number in the Abu Dhabi Global Market, but it is not available. However, their contact information is as follows:

Part of 9, Al Khatem Tower,
Adgm Square, Al Maryah Island, 
United Arab Emirates

Workers in Sharjah are given three days off each week.

Sharjah became one of the first emirates in the UAE to grant government employees three days off, every week. The federal government increased public worker benefits when it amended the UAE’s labor law. As a result, the majority of the government’s office hours and workdays have been rescheduled.

Sharjah government employees will work from Monday to Thursday and their holiday is from Friday to Sunday. The UAE cabinet meeting decided to provide public servants two and a half days off every week because they would work a half-day on Friday.

While the other six emirates in the UAE followed the UAE government’s holiday guidelines and rearranged their work schedules under the new law, Sharjah went a step further and provided three days off, whilst the other emirates offered two and a half days.

Sharjah has adjusted the 3 days off by increasing work hours, so employees will now work from 7.30 a.m. to 3.30 p.m., which is 60 to 90 minutes longer than they do currently.

The UAE government announced the last week about the government sector employees weekend which will come into effect from Feb 2, 2022.

This new revision will apply to government offices, but there is room for the private sector, which means that the government has given the decision authority to the private sector employer and employees, who can decide on work hours and weekends when signing the contract.

The school in the UAE will remain close fully Saturday and Sunday while on Friday they will open till noon.

The banking industry has already welcomed the federal government’s decision to declare a holiday, and most banks have already shown cooperation by adjusting their work hours and days.

Along with Sharjah government employees, some of the leading private sector firms have already indicated their support for the new system.

According to the expert, these vacation rules will have an impact on the private sector; otherwise, private sector jobs will diminish. 

working days in UAE for public and private sector

The UAE government has shifted the weekend for government employees from Friday to Saturday and Sunday. The previous holiday Friday will be a half-day for work. The new working days in the UAE will begin in early 2022.

The working days will apply for the federal and state government employees, however, for the private sector, it isn’t clear if the same rules will apply.

According to a federal government announcement, the following are the working hours for government personnel in the United Arab Emirates.

  1. Monday until Thursday, 7.30am to 3.30pm
  2. Friday from 7.30am to 12pm.

This new holiday law applies not only to government employees but also to schools in the United Arab Emirates. Schools, whether public or private, are open four days a week.

The UAE has emerged as a regional economic hub for multinational corporations as well as a popular destination for global talent. Many revisions have been made to the country’s labor law to overcome the gaps that exist when compared to a world-class labor market.

After the implementation of this law, the UAE became the first country in the world to implement a national working day that is shorter than the global five-day a week.

Every week, government employees need to work four days and a half of Friday because it is the payer day for Islam.

What are the working days for the private sector in the UAE?

The UAE labor law provides employees with one day off each week or four days per month. Although the new degree makes no reference to the private sector, it encourages private sector employers and employees to arrange their workdays prior to signing the contract.

It means that if you and your employer have agreed to work four days and a half-day on Fridays each week, this arrangement is legally binding.

Although the private sector will have the flexibility to decide the weekend in the initial stage, ultimately the government’s intention is to implement this initiative to both privates and the public sector.

Flexibility in work hours helps to increase worker productivity, so, this initiative will impact the private sector’s work environment in the long run.

Weekend days in Dubai have already been set up according to this degree while other Emirates are already under ways to implement it.

 

UAE labour law 2021, What have been changed?

The UAE government has Amended the UAE labour law 2021, and it will take effect on February 2, 2022. The sweeping change has been made on existing labor law of the country since the workplace environment rapidly changed with the advancement of technology after the Covid 19 pandemic.

The newly introduced law has added the work categories from two (Full-Time & Part-Time) to many including;

  1.  full-time,
  2. part-time,
  3. temporary,
  4. flexy work and
  5. among other categories

In this post, I would discuss the most important topics that the new law has addressed. After reading all of the sections that have been changed, I felt that the new law will help the UAE’s labor market become more flexible and sustainable.

What is new in UAE labour law 2021?

  1. Part-Time, Temporary and Flexy employment.

If the company has to hire part-time, temporary, or flexible staff, the law gives them the power to do so. People who have expired visas can also be hired by companies, but they must not leave the country.

a). Part-time worker: company can hire employees for specific hours or days. 

b). Temporary worker: Employed by the organization to accomplish a specific project or job, or it can go for a fixed period of time.

C). Flexible work: For flexible workers, work hours and days might change according to the economy, the volume of work, and job factors of their employer.

There were only two categories of work in the old labor law: part-time and full-time work, but today there are two more: temporary and flexible employment contracts.

2. Salary and payments.

The organization can pay salaries to the employee in UAE (Dhiram) or any other currency specified in the contract paper signed by both parties. The former labor regulation required employers to pay salaries in local currency only.

The new law also declared explicitly that there is no pay discrimination based on gender. Women must be paid equally to men if they performed the same duties and had the same sort of employment.

3. Removing the Unlimited contract

As previous labor code, there were two types of contracts: limited and unlimited. The duration of the limited contract has increased to one year or it can be valid for three years, whereas previously, the limited contract time was just two years.

The unlimited contract can convert to a fixed or limited contract in accordance with the rules, controls, and procedures outlined in this legislative decree.

Unlimited contacts are no longer available in the UAE, and a deadline of one year has granted for converting to limited contracts. The contract can renew after completing 3 years.

4. Leave;

Under the new law, Working fathers can now take 5 days of paternity leave within 6 months of their child’s birth. 

The law allows the mother to take 45 days of paid maternity leave and an additional 15 days at half pay if the child’s and mother’s health need it.

Regardless of the cause of the mother’s or child’s illness, the mother may take an additional 45 days of unpaid leave.

If the child is born with a disability, the mother is entitled to 75 days of paid leave and an additional 30 days of unpaid leave.

Each employee with a minimum of two years of service is entitled to ten days of study leave if they are enrolled in an accredited institution in the UAE.

Employees are entitled to five days of mourning leave for the death of a spouse and three days for the death of other family members.

Every employee in the private sector gets a rest day once a week and 30 days of vacation each year. Learn more

5. Recruitment costs and procedures

The law also states that the employer is accountable for the entire recruitment process and that it is illegal to collect fees from employees. It also barred the employer from holding the employee’s official documentation, such as a passport.

After completing the contract employees have the right to go with another establishment for employment.

6. Minimum wage

There was no minimum wage in the previous labor law, but now the cabinet will establish the minimum wage for private-sector employees, and all enterprises must meet it. This is an unprecedented move in the Gulf of the labor market because most of the countries do not have a minimum wage.

7. End of service

If a worker works in an establishment for more than one year but less than five years, he or she is entitled to 21 days of pay as a gratuity per year up to five years, and if the worker works for more than five years and he or she is entitled to 30 days of full pay per year.

The degree also waives all lawsuit fees claimed by employees, however, they do not exceed Dhs 100,000.

8. Obligations of employers and employees

The law also specifies the obligations of both employers and employees and increases its control over the issue of implementation.

The employer is responsible for providing suitable housing, protection, and prevention, as well as training and assisting employees in developing their skills.

Meanwhile, employees are also accountable for adhering to the terms and conditions outlined in the labor contract including;

  • performing work during the specified times;
  • abiding by work ethics and good conduct;
  • keeping work secrets;
  • developing job skills;
  • not to work for another competing employer;
  • vacating the labor accommodation within one month of expiry of employment contract and
  • other obligations

9. Anti-discrimination and workplace harassment

The new rule prohibits employers from recruiting employees based on their gender, race, color, nationality, religion, socioeconomic origin, or disability.

The Degree legislation states that an employer may not force an employee to work by threatening them with penalties or through any other means.

Harassment of any kind in the workplace will take seriously, and bullying or any form of verbal or sexual harassment in the workplace by employers or superiors is illegal.

10. Probation rules

The probation period remains at 6 months; if the employer wishes to terminate the employee’s contract, he or she must offer 14 days’ notice. In the previous arrangement, contract termination during the probation period was immediate.

If an employee wishes to leave the nation after quitting their employment, they must notify their employers before 14 days. An employee wishes to change job, he or she must give the current employer one month’s notice.

If either party violates or breaches the terms and conditions outlined in the work contract, should financially compensate another party.

There are many sections in the UAE labour law 2021, but these above are notable since they directly relate to the employees’ well-being. UAE is a prominent destination for job seekers in the Gulf region, and as a result, the country’s labor laws have changed to address the changing work environment.

 

Retired Visa Uae: Expectations vs. Reality

The new degree announced by the UAE government’s cabinet meeting chaired by Sheikh Mohammed Bin Rashid would allow foreign nationals to continue their residency visas after they retire from their employer.

The UAE government was considering issuing retirement visas to foreign nationals, but the cabinet had not given consent, despite the fact that it was on the table for debate.

In 2018, the UAE government announced the granting of retirement visas to foreign citizens who match specific conditions; nonetheless, the issuance of residency visas to retiree workers is the first time the UAE government has taken such a step.

In the UAE, the age restriction for workers in both the public and commercial sectors is 60 years.

There was one issue that needed to address.

If you stay in the UAE for a long period of time while you are already 60 years old, and the employer would terminate the contract, it is logical because the law states that any UAE national or foreigner who reaches the age of 60 automatically retires.

The newspapers reported many heartbreaking stories about people who had spent 30 to 35 years making the UAE their second home and had returned to their home country, leaving behind their family members in the UAE.

There was no legal provision specifying which types of visas would be available to a person who retired from an employment visa. As a result, they needed to return to their home nation at the age of over 60.

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai, posted a tweet on his account announcing the revision of the UAE’s visa law for foreign nationals who have retired or will retire in the future.

According to the new law, retirees may remain in the UAE after retirement if they meet the following conditions:

Criteria for Retired Visa UAE

  1. Holding a single or many properties worth Dhs1 million or
  2. a bank deposit of no less than Dhs1m, or
  3. an active income of no less than Dhs180,000 per annum.

If you meet one of the above criteria can apply for a residency visa for retirees to the immigration department will issues after evaluating your application.

The provision of the Retired Visa UAE is the most popular move announced by the UAE government since it will offer delight to those who have been living in this country for many years with their family members and are nearing retirement due to their age.

Top 10 oil and gas companies in UAE

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The oil and gas sector in the UAE is a vital force, driving the nation’s economy and contributing significantly to the global energy market. The top 10 oil and gas companies in the UAE are responsible for 85% of the country’s fossil fuel exploration, extraction, and exportation.

Natural resources like gas and petroleum are found underground, and the exploration and drilling processes for both follow a similar pattern. That’s why the top 10 oil companies in UAE are not only involved in oil exploration but also actively operate in the gas sector.

UAE’s Role in OPEC and Global Energy

As a prominent member of OPEC (the Organization of the Petroleum Exporting Countries), the UAE’s economy is deeply rooted in its oil and gas resources, similar to those of other members of this influential group. The country’s vast oil reserves and strategic investments have established it as a global energy leader.

Diversification Efforts

While the UAE has made significant strides in diversifying its economy through sectors like tourism, agriculture, manufacturing, and trade, oil and gas continue to be the backbone of its economic framework. Revenue from this sector is often reinvested into various projects, further fueling national growth.

Employment Opportunities

The oil and gas industry provides thousands of job opportunities, attracting both local talent and expatriates. With competitive salaries, robust benefits, and opportunities for career growth, this sector remains a preferred employment choice for many.

Focus on Local Giants

In this post, we’ll explore the top oil and gas companies in the UAE, examining their size, influence, and the benefits they offer to employees.

While many multinational firms have partnered with UAE-based companies through joint ventures, our spotlight remains on the local powerhouses shaping the nation’s oil and gas industry.

Top 10 oil and gas companies in UAE

1. Abu Dhabi National Oil Company (ADNOC)

ADNOC is not only the largest oil corporation in the United Arab Emirates but also a global powerhouse in the petroleum industry.

Since its establishment in 1971, ADNOC has grown into a dominant force in the Gulf region, with operations extending across Asia, North America, and Europe.

The company provides a wide range of upstream and downstream services, including oil field exploration, refinery processes, storage, and supply solutions.

ADNOC’s production capacity is staggering, averaging over 3.5 million barrels of oil and 10.5 billion cubic feet of natural gas per day.

With a diverse workforce representing more than 100 nationalities, ADNOC employs over 50,000 people worldwide.

2. Emirates National Oil Company (ENOC)

Founded by the Dubai government in 1993, Emirates National Oil Company LLC (ENOC) has established itself as a vital player in the oil and gas industry.

The company is involved in a wide range of activities, including exploration, production, supply, refining, trading, marketing, and retail.

ENOC employs approximately 9,000 people and serves customers across more than 60 countries. Operating through over 30 subsidiaries, ENOC specializes in diverse sectors such as storage, processing, aviation, and sales, making it a cornerstone of the UAE’s energy sector.

ENOC ranks as the second-largest among the top 10 oil companies in UAE in terms of size, project operations, and revenue generation as of 2024.

3. Abu Dhabi National Energy Company (TAQA)

TAQA, headquartered in Abu Dhabi, is a leading oil and gas corporation publicly listed on the Abu Dhabi Securities Exchange (ADX).

Renowned as a top utility provider in the MENA region, TAQA operates across 11 countries, offering a diverse range of services.

These include power generation, oil and gas exploration, water desalination, pipeline construction, and underground storage solutions.

With a workforce of over 2,000 employees representing 30 different nationalities, TAQA emphasizes diversity and excellence.

For those seeking a rewarding career in the oil and gas industry, TAQA stands out as a strong and reputable choice.

4. Emdad Services LLC

Established in 1979, Emdad Services LLC has become a leading provider of integrated upstream and downstream services in the hydrocarbon sector.

The company also offers specialized solutions in geological data management, earning recognition for its expertise in supporting the oil and gas industry.

Emdad’s dedication to quality is reflected in its ISO 9001 certification, achieved in 2001, which highlights its commitment to excellence and industry standards.

5. Emarat

Founded in 1981, the Emirates General Petroleum Corporation, widely known as Emarat, is a prominent leader in the distribution of petroleum products and commercial fuel in the UAE.

Emarat is committed to supplying high-quality petroproducts to a diverse clientele, including public, private, and corporate sectors.

The company operates state-of-the-art service stations and manages extensive storage facilities located in key areas such as Jebel Ali, Dubai, Ras Al Khaimah, Fujairah, and other emirates, ensuring reliable and efficient fuel distribution across the country.

6. Dubai Petroleum Establishment (DPE)

Dubai Petroleum Establishment (DPE) has been a vital part of the UAE’s oil and gas sector since 1969, marking the year of the first commercial oil export from Dubai’s offshore Fateh field.

As one of the oldest and most established companies in the industry, DPE oversees the operation of several oil and gas fields across the UAE.

Renowned for its employee-focused culture, DPE places a strong emphasis on continuous learning and career development. Its commitment to personal and professional growth makes it a highly sought-after workplace for industry professionals.

7. Al Masaood Oil & Gas

With a history spanning over 50 years, Al Masaood Oil & Gas has been a significant contributor to the UAE’s oil and gas sector since its establishment in Abu Dhabi.

The company has grown its presence beyond the UAE, operating in regions such as the Middle East, North Africa, the Eastern Mediterranean, and South Asia.

Known for its commitment to fostering talent, Al Masaood Oil & Gas provides equitable career opportunities for both seasoned professionals and young talent, making it a leading choice for those pursuing a career in the oil and gas industry.

8. Sharjah National Oil Corporation (SNOC)

Sharjah National Oil Corporation (SNOC) is a trusted energy provider based in Sharjah, with operations extending across the UAE.

The Sharjah government primarily owns SNOC, which actively engages in various aspects of the energy sector. Its services include oil and gas exploration, production, processing, exportation, and LPG gas storage, making it a key player in the region’s energy landscape.

9. Dana Gas

Founded in 2005, Dana Gas is a relatively new entrant to the UAE’s oil and gas sector but has quickly established itself as a significant player in the industry.

The company employs over 1,100 professionals representing 17 nationalities, with operations spanning the MENA region. Dana Gas’s commitment to diversity and innovation has been instrumental in driving its growth and success within the competitive energy market.

10 Crescent Petroleum Company

Founded in 1971 in Sharjah, Crescent Petroleum Company is a key subsidiary of the Crescent Group. With operations spanning the UAE and four other continents, the company plays a prominent role in both upstream and downstream activities in the oil and gas sector.

Crescent Petroleum manages a wide range of functions, including data analysis, financial and operational risk management, and staff supervision, showcasing its comprehensive approach to the energy industry.

Conclusion

The UAE is a hub for both national and international oil and gas companies. While many foreign firms operate in collaboration with local entities, the top 10 oil companies in uae highlighted here represent the UAE-based giants that dominate the sector.

For those seeking a career in the oil and gas industry, these companies offer exceptional opportunities. With competitive salaries, comprehensive benefits, and a strong focus on employee growth and development, they stand out as top choices for professionals in the field.

Whether you’re an experienced professional or just beginning your career, these companies provide a robust platform for success and advancement in the dynamic and ever-evolving oil and gas industry.