Latest news with #932
Sharjah 24
24-06-2025
- Business
- Sharjah 24
GPSSA to disburse over AED834 m in June pension payments tomorrow
Increase in pension value and beneficiaries The total value of June's pension payments is AED834,511,656.49, an increase of AED51,932,822 compared to AED782,578,834.21 in June 2024. The number of beneficiaries rose to 49,984, up from 48,335 in the same month last year. Importance of updating personal data GPSSA urged pensioners and beneficiaries to keep their personal data up to date—either with the authority or their banks—to avoid delays in pension processing. Use of the Ma'ashi digital platform The authority also encouraged beneficiaries to use its Ma'ashi digital platform, which allows users to update data, make pension enquiries, and request certificates conveniently online. Coverage under pension laws These disbursements include civilians covered by applicable Pension and Social Security Laws and beneficiaries whose files are managed by GPSSA on behalf of the Ministry of Finance under relevant pension legislation.
Gulf Today
24-06-2025
- Business
- Gulf Today
Pension for June to be disbursed on June 25, announces GPSSA
The General Pension and Social Security Authority (GPSSA) announced that pension payments for June 2025 will begin disbursement on Wednesday, June 25, pointing out that payments will be directly deposited into beneficiaries' bank accounts starting tomorrow. The total pension payout for this month amounts to Dhs834,511,656.49, compared to Dhs782,578,834.21 in June 2024, marking an increase of Dhs51,932,822. The number of beneficiaries this June amounted to 49,984, up from 48,335 in the same month 2024, reflecting an increase of 1,649 beneficiaries. GPSSA urges retirees and eligible beneficiaries to regularly update their data with both the Authority and their banks to ensure timely pension disbursements. It also emphasises the importance of using the electronic services available on "Maashi" platform, such as data updates, pension inquiries, certificate requests, and other services designed specifically for retirees. It is worth noting that these payments cover civilians subject to the provisions of pension and social security laws administered by the Authority, as well as beneficiaries managed by the Authority on behalf of the Ministry of Finance under their respective pension laws.
Al Etihad
24-06-2025
- Business
- Al Etihad
GPSSA: Dh 834.5 million worth of pension payments to be disbursed on Wednesday
24 June 2025 13:38 ABU DHABI (ALETIHAD)The General Pension and Social Security Authority (GPSSA) said on Tuesday that this month's pension payments will be disbursed on Wednesday, with funds to be deposited directly into beneficiaries' bank total value of June's pension payments amounts to Dh834,511,656.49, compared to Dh782,578,834.21 in June 2024, marking an increase of Dh51,932,822. The number of beneficiaries also rose to 49,984 from 48,335 in June 2024, an increase of 1, a press statement, the GPSSA urges pensioners and beneficiaries to update their data regularly, either with the GPSSA or with banks, to ensure timely pension disbursement. It also emphasises the importance of using the digital services available through the Ma'ashi platform, such as updating data, enquiring about pensions or requesting certificates which have been specifically designed to serve pensioners. The disbursed pensions cover civilians who are subject to the provisions of applicable Pension and Social Security Laws, as well as beneficiaries whose files are managed by the GPSSA on behalf of the Ministry of Finance, under the pension laws applicable to them. Source: Aletihad - Abu Dhabi
Time of India
12-05-2025
- Business
- Time of India
Gold tanks Rs 3,400 to Rs 96,550/10 g as US-China trade deal curbs demand
Gold prices tanked sharply by Rs 3,400 to Rs 96,550 per 10 grams in the national capital on Monday as traders shifted from safe-haven buying after the US declared a 90-day pause on tariff against Chinese imports. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Gold prices tanked sharply by Rs 3,400 to Rs 96,550 per 10 grams in the national capital on Monday as traders shifted from safe-haven buying after the US declared a 90-day pause on tariff against Chinese imports. According to the All India Sarafa Association, the precious metal of 99.5 per cent purity plunged Rs 3,400 to Rs 96,100 per 10 grams on Monday. This marks the steepest fall in 10 months since gold prices plunged Rs 3,350 on July 23, of 99.9 and 99.5 per cent purity had settled at Rs 99,950 and Rs 99,500 per 10 grams on Saturday."Gold prices fell sharply amid signs of progress in trade talks between the US and China, along with some relief in geopolitical tensions, including India-Pakistan," Rahul Kalantri, VP Commodities at Mehta Equities Ltd, silver prices fell Rs 200 to Rs 99,700 per kg from Saturday's close of Rs 99,900 per the trade talks in Geneva over the weekend, the US agreed to drop its 145 per cent tariff rate on Chinese goods to 30 per cent, while China agreed to lower its rate on US goods to 10 per cent for a 90-day the dollar index, which gauges the greenback's strength against a basket of six currencies, is trading higher by 1.42 per cent at futures trades, the most traded contract for gold plummeted Rs 3,932 or 4.07 per cent to trade at Rs 92,586 per 10 grams on the Multi Commodity Exchange (MCX).According to Jateen Trivedi, VP Research Analyst - Commodity and Currency , LKP Securities, geopolitical tensions cooled with signs of a potential truce between Russia and Ukraine, and an understanding between India and Pakistan on military developments led to heavy profit booking in gold, which had previously rallied on global uncertainty, Trivedi said.A strong rally in stock markets also hit the gold's appeal as a safe-haven contracts for July delivery slumped Rs 2,295 or 2.37 per cent to Rs 94,434 per kg on the gold tanked over 3 per cent to trade at USD 3,218.70 per ounce in the global silver in the international markets fell 1.19 per cent to trade at USD 32.33 per ounce."Gold dips more than 2 per cent on long-liquidation/ profit-booking amid easing geo-political tensions and recovery in the greenback against major currencies," Pranav Mer, Vice President, EBG - Commodity & Currency Research at JM Financial Services Ltd, in the week, investors will focus on the US macroeconomic data, including inflation/ retail sales and consumer sentiments. They will also await US Fed Chair Jerome Powell's speech - for more clues on the central bank interest rate path, Mer added.
The Star
25-04-2025
- The Star
Frozen goods seized in KK after 560kg of spoiled food found in store
KOTA KINABALU: Nearly RM2mil worth of frozen food has been seized by the General Operations Force (GOF) after expired or spoiled items were found among goods stored on the premises. Sabah GOF Commander Datuk Abdul Rani Alias said several hundred boxes were seized and two employees, aged 22 and 44, arrested at the storage site on Jalan Makat here at about noon on Wednesday (April 23). Cmdr Abdul Rani said the raid under Ops Taring Chiller was carried out after public information and intelligence gathering on business activities at the location that were in breach of the Food Act 1983. The GOF Battalion 16 Intelligence Task Force team inspected the premises and found that frozen food in the store was mixed with expired and spoiled frozen food, he said on Friday (April 25). Among the items seized were beef, chicken thighs, potatoes, mutton, and nuggets. He said 560kg of frozen food on eight pallets was found to be damaged, spoiled, or expired. 'The total value of the seizure is RM1,932,253, including the freezer,' he added. He said the operations team handed over both suspects and the frozen food seized to the Kota Kinabalu Health Office enforcement division for further action. The case is being investigated under the Food Act and Regulation 38 of the Food Hygiene Regulations 2009.
