Latest news with #UIS
Gulf Today
5 days ago
- Business
- Gulf Today
Ministry reveals 5 categories exempted from Unemployment Insurance Scheme in UAE
Abdul Rahman Saeed, Staff Reporter The Ministry of Human Resources and Emiratisation (MoHRE) has affirmed that five categories are exempted from the Unemployment Insurance Scheme (UIS). These include Investors (Business Owners) working in their registered business, domestic workers, temporary contract workers, minors under 18 and pensioners (retirees receiving a pension and joining new employment). MoHRE outlined four eligibility conditions for receiving compensation under the UIS as follows: the insured must have a minimum of 12 consecutive months of subscription, the insured must not have been dismissed for disciplinary reasons as per labour laws or federal HR regulations, claims must not involve fraud or fictitious employment and compensation ceases if the insured obtained a new job during the payout period.
Yahoo
11-06-2025
- Business
- Yahoo
Will Device Subscriptions Drive the Next Growth Wave at Unisys?
Unisys Corporation UIS is leaning into Device Subscriptions Service ('DSS') as a potential growth driver within its Digital Workplace Solutions ('DWS') segment. The company is delivering solution innovations aligned with business outcomes that clients and prospects are actively seeking, such as cost optimization, data integration and security, improved asset and employee productivity, and artificial intelligence enablement. These focused efforts position Unisys to capitalize on evolving workplace needs and shifting IT consumption upon a solid pipeline of DSS opportunities developed in 2024, Unisys is beginning to see clients and prospects move forward with investments. These agreements are helping the company expand its service reach and strengthen long-term client engagement. In the first quarter of 2025, Unisys signed a contract with a global technology company to support 380,000 devices across 14 countries. Unisys also secured an agreement with a biotech client to provide workplace services for more than 21,000 devices across several the company added two technology partners, Easy Vista and Freshworks, to improve the DWS Alliance ecosystem and strengthen IT Service Management platform capabilities. Going forward, UIS expects DSS signings to increase in the second half of the year, which may support growth in the segment. In the fast-evolving device-as-a-service (DaaS) market, Unisys is competing with established tech giants like HP Inc. HPQ and Dell Technologies Inc. DELL, both of which have made significant inroads with their own subscription-based hardware and lifecycle management DaaS model offers bundled solutions that include analytics-driven fleet management and predictive support, targeting large enterprises seeking operational efficiency and improved user experience. The scale, global logistics and integration with HP's hardware ecosystem give it a strong edge in cost and breadth of APEX and ProSupport services also rival Unisys' DSS with robust endpoint security, automation and hybrid infrastructure capabilities. The company recently deepened its partner ecosystem, much like Unisys did with Freshworks and EasyVista, highlighting the importance of flexibility and Unisys lacks the manufacturing heft of these competitors, its service-centric approach and enterprise customization could give a differentiated niche, especially in highly regulated or multinational environments. Shares of Unisys have gained 22.4% in the past three months compared with the industry's growth of 5%. Image Source: Zacks Investment Research Unisys' current valuation looks promising for investors. The stock is currently trading at a discount compared with the industry peers, with a forward 12-month price-to-earnings (P/E) ratio of 5.23X. Image Source: Zacks Investment Research The Zacks Consensus Estimate for UIS' 2025 and 2026 earnings implies a year-over-year uptick of 28.9% and 120.7%, respectively. The earnings estimates for 2025 have remained unchanged in the past 30 days. Image Source: Zacks Investment Research Unisys currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report HP Inc. (HPQ) : Free Stock Analysis Report Dell Technologies Inc. (DELL) : Free Stock Analysis Report Unisys Corporation (UIS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
New Straits Times
28-05-2025
- Politics
- New Straits Times
Universiti Islam Selangor to establish Integrity Unit to boost governance, fight corruption
KAJANG: Universiti Islam Selangor (UIS) is set to establish an integrity unit as part of its commitment to ensuring transparent and accountable governance, symbolising its unified stance against corruption and abuse of power. UIS Vice-Chancellor Datuk Mohd Farid Ravi Abdullah said the integrity unit would be placed under the oversight of the university's board of directors to ensure transparency in its management and anti-corruption monitoring. He said the move aligns with a recommendation by Malaysian Anti-Corruption Commission (MACC) Chief Commissioner Tan Sri Azam Baki, aimed at strengthening a culture of integrity in institutions of higher learning. "As advised by Tan Sri Azam, we will take the necessary steps to establish this integrity unit," he said after the launch of the university's Integrity Policy here today. Azam congratulated UIS for reinforcing its commitment to integrity and governance through the implementation of the policy. "There aren't many universities in the country that have taken the initiative to introduce their own integrity policy, and while UIS has yet to form its own dedicated integrity unit, this is already a positive step forward." Azam added that MACC is ready to provide advisory services and expert resources to support the initiative. "I strongly encourage UIS to establish its own integrity unit. This is essential for implementing the current policy, as I mentioned in my speech. Ideally, the implementation should be overseen by a dedicated unit," he said. Earlier, UIS held a launch ceremony for its Integrity Policy at the Dr Zainudin Jaffar Auditorium. The event also saw university staff taking part in a signing and recitation of the Corruption-Free Pledge, marking their collective commitment to fighting corruption and abuse of power.
New Straits Times
28-05-2025
- Business
- New Straits Times
MACC stands firm on move to forfeit Daim and family's undeclared assets
KAJANG: The Malaysian Anti-Corruption Commission (MACC) remains resolute in its move to forfeit a portion of assets belonging to the late former finance minister Tun Dr Daim Zainuddin and his family, which it claims were not lawfully declared. MACC chief commissioner Tan Sri Azam Baki said the commission is also prepared to open more investigation papers as part of ongoing efforts to recover assets believed to be linked to unlawful enrichment. He was responding to remarks by the lawyer representing Daim's widow and family, who described the move as "unreasonable" and "legally baseless". "Whether or not it's justified is their view. They have every right to express their opinion. "However, on our part, we will proceed with the actions we have planned in order to determine the rightful ownership of the assets, which we believe were obtained unlawfully," he told reporters after officiating the launch of Universiti Islam Selangor's (UIS) Integrity Policy here today. Also present was UIS vice-chancellor Datuk Prof Dr Mohd Farid Ravi Abdullah. Azam said the commission may increase the number of investigation papers, which currently stand at eight. "The total value of assets traced by MACC so far is around RM2 billion, but they are broken down into separate components (for forfeiture). Each asset requires its own investigation paper. "So far, only eight have been opened, but yes, more may follow," he said. On May 22, Azam said that the commission was actively working to forfeit assets belonging to the former finance minister and his family. He said that in addition to the RM2 billion in assets that have been frozen, MACC believes there are other undeclared properties located overseas. These, he said, include assets held by family members and proxies of the late Daim, who was also a former senior Umno leader. The move has drawn a response from lawyer Rajesh Nagarajan, representing Daim's widow, Toh Puan Na'imah Abdul Khalid, and their family, who criticised MACC's actions as baseless, indefensible and vindictive. He said that since Daim had passed away, there were no pending charges against him in court, nor had he ever been convicted of any criminal offence.
Yahoo
23-05-2025
- Business
- Yahoo
Here's Why Unisys (UIS) is a Strong Value Stock
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics. Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to highlight the most attractive and discounted stocks. Based in Blue Bell, Pennsylvania, Unisys Corporation is an IT firm, specializing in securing client operations, increasing efficiency of data centers, enhancing support to their end users and constituents and modernizing their enterprise applications. UIS boasts a Value Style Score of A and VGM Score of A, and holds a Zacks Rank #1 (Strong Buy) rating. Shares of Unisys are trading at a forward earnings multiple of 8.6X, as well as a PEG Ratio of 0.6, a Price/Cash Flow ratio of 2X, and a Price/Sales ratio of 0.2X. Value investors don't just pay attention to a company's valuation ratios; positive earnings play a crucial role, too. One analyst revised their earnings estimate upwards in the last 60 days for fiscal 2025. The Zacks Consensus Estimate has increased $0.33 to $0.58 per share. UIS has an average earnings surprise of 46.9%. Investors should take the time to consider UIS for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Unisys Corporation (UIS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
