Emirates Sky Cargo completes one year of transporting urgently required cargo on passenger seats, in overhead bins

DUBAI, Emirates SkyCargo is marking the first anniversary of loading urgently required Personal Protective Equipment (PPE), related supplies and other vital cargo on the seats and inside the overhead bins of its Boeing 777-300ER passenger aircraft.

Emirates SkyCargo is marking the first anniversary of loading urgently required PPE, related supplies and other vital cargo on the seats and inside the overhead bins of its Boeing 777-300ER passenger aircraft.

Responding to the pressing demand for transporting PPE during the first wave of the COVID-19 pandemic in late April 2020, the freight division of Emirates adjusted its operating model to load select goods inside the aircraft cabin on passenger seats and in overhead bins to make additional room for urgent cargo on its flights.

Over the course of one year, the air cargo carrier has now operated more than 3,100 flights with cargo on seats and in the overhead bins transporting more than 11,000 tonnes of vital cargo, equivalent to cargo transported on 800,000 aircraft seats. Emirates SkyCargo continues to witness a significant demand for the transportation of PPE and other cargo inside the aircraft cabin.

In order to safely load cargo on the seats and inside overhead bins in a passenger aircraft, Emirates SkyCargo had to rapidly conduct a safety risk assessment and develop a set of processes and procedures to instruct both the team in Dubai as well as ground handling partners across Emirates SkyCargo’s network outstations on the most efficient and safe way to load and secure cargo inside the passenger cabins. The team also developed a smart calculator application that allowed global teams to calculate optimal loading capacity inside the cabin of the aircraft.

The procedures developed also specified the maximum weight and dimensions of individual packages as well as the types of cargo that could be permitted inside the cabin and additional safety instructions. For example, all perishable cargo packaging for loading on seats and in bins have to include an adequate internal absorbent layer.

Emirates SkyCargo also introduced a special covering for the passenger seats in its Boeing 777-300ER aircraft in order to prevent any accidental damage to the interiors of the aircraft, such as personal entertainment screens.

PPE and other medical supplies tend to be the most common cargo transported on aircraft seats and inside the bins. The nature of these items allow for smaller individual boxes facilitating easier handling and loading inside the aircraft. Other general cargo including garments and clothing, dry food, dental supplies and sporting goods have also been transported on seats.

Emirates SkyCargo has continued to serve as an important global connector of urgently required goods and supplies during the COVID-19 pandemic through its rapid and flexible approach and by working closely with its customers. Currently the cargo carrier connects more than 135 cities across six continents with its weekly scheduled cargo flights.

Source: Emirates News Agency

UAE, Pakistan explore developing trade and investment ties

DUBAI, Pakistan Business Council in Dubai, a business policy advocacy platform with 600 business members, has thanked the UAE for its support to the Pakistani business community and vowed to bolster trade between the two countries.

This came in a meeting between the Board of Directors of Pakistan Business Council in Dubai with Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, at the Ministry’s office in Dubai. The parties discussed various business opportunities and ways to strengthen trade between the UAE and Pakistan.

The UAE is Pakistan’s largest trading partner in the Middle East and a major source of investments and remittances. The trade volume between the two countries amounted to around US$8.19 billion in the year 2019.

Speaking at the meeting, Dr. Al Zeyoudi said, “We remain prepared to provide full assistance to the Pakistan Business Council members in enabling more Pakistani entrepreneurs and businessmen to explore the opportunities available in the UAE market.”

Since its establishment in 2004, the Pakistan Business Council in Dubai has been playing a pivotal role in bringing the business communities in Pakistan and UAE closer. The Council was set up and mandated under the auspices of the Dubai Chamber with the objectives of trade promotion, commerce and mutual investments between Pakistan and the UAE.

According to a joint press release, the Council is set to organise a major UAE-Pakistan Business and Investment Seminar in near future, in collaboration with the UAE Ministry of State for Foreign Trade.

Ahmed Sheikhani, President of Pakistan Business Council, said, “I, on behalf of directors and around 600 business members, thank Dr. Thani Al Zeyoudi for his support to the Pakistani business community. This meeting is a new milestone in UAE-Pakistan trade relations. We will work together with Minister of State for Foreign Trade in bolstering the trade and mutual investments between the two countries.”

The Pakistan Business Council consists of a large group of Pakistani businessmen, businesswomen, investors and professionals based in the UAE. The council members represent companies from various and diverse sectors like real estate, insurance and finance, industrial machinery, automobiles, business machines, education, print & electronic media, digital advertising and various Pakistani technology start ups.

Source: Emirates News Agency

AED3.4 billion of weeklong real estate transactions in Dubai

DUBAI, A total of 1,557 real estate and properties transactions valued at AED3.4 billion were registered during the week ending 6th May 2021, according to a report issued by the Dubai Land Department (DLD) on Thursday.

111 plots were sold for AED 486.92 million, 1,027 apartments and villas were sold for AED 1.87 billion.

The top three transactions were a land in Al Thanayah Fourth sold for AED37.5 million, followed by a land that was sold for AED37 million in Palm Jumeirah, and a land sold for AED37.5 million in Al Thanayah Fourth in third place.

Al Hebiah Third recorded the most transactions for this week by 30 sales transactions worth AED64.78 million, followed by Hadaeq Sheikh Mohammed Bin Rashid with 15 sales transactions worth AED 121.1 million, and Nad Al Shiba First with 15 sales transactions worth AED37 million in third place.

The top three transfers for apartments and villas were an apartment was sold for AED336 million in Marsa Dubai, an apartment was second in the list sold for AED217 million in Palm Jumeirah, and thirdly it was a sold for AED129 million in Palm Jumeirah.

The sum of the amount of mortgaged properties for the week was AED1 billion, with the highest being a land in Al Thanyah First, mortgaged for AED91 million.

63 properties were granted between first-degree relatives worth AED110 million.

Source: Emirates News Agency

Mohammed bin Rashid issues Law on Dubai International Financial Centre

DUBAI, In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE, His Highness Sheikh Mohammed bin Rashid Al Maktoum issued Law No. (5) of 2021 relating to Dubai International Financial Centre (DIFC).

The new Law replaces Law No. (9) of 2004 on Dubai International Financial Centre, which was the original founding law of DIFC. In line with global best practice, the new Law provides for more clarity on the duties and responsibilities of the President, the Governor, the Centre and bodies in DIFC. It also ensures the Centre’s operational, financial and administrative independence that is crucial for the continued growth and success of the Centre and confirms the requirements for their adherence to the highest governance and accountability principles.

The new Law expands the strategic objectives for DIFC which aims to further boost Dubai’s position as a global hub for financial services and promote the values of efficiency, transparency and integrity. These objectives now also include advancing sustainable economic growth for Dubai, developing and diversifying its economy and increasing the GDP contribution of the financial services sector, to promote investment into Dubai and to attract regional and international entities to establish themselves in DIFC as their principal place of business.

The Dispute Resolution Authority that existed under the previous Law will operate as two separate bodies under the new Law in the form of the DIFC Courts and the Arbitration Institute. This will allow each body maximum opportunity for growth and proper allocation of resources in respect of their separate mandates.

The new Law also provides clarity on what DIFC establishments may do outside their physical premises in the Centre. Details confirm that they may supply services and products to customers outside DIFC, providing they are primarily provided out of their premises in the Centre. Marketing and promotion of their activities can be conducted outside DIFC.

In addition, the new Law allows the DIFC President to exempt certain federal and local government authorities, companies and other entities from the application of any DIFC laws or regulations being applicable to them when present in the Centre in which case only UAE federal and local laws will apply to them. This is an important addition to allow the increasing number of federal and local government authorities in DIFC to be exempted from certain DIFC laws and regulations that were never intended to apply to them.

Source: Emirates News Agency

Dubai Islamic Bank donates AED6 million to Khalifa Foundation, AED16 million to Mohammed bin Rashid Al Maktoum Humanitarian and Charity Establishment

ABU DHABI, The Khalifa bin Zayed Al Nahyan Foundation (KF) received a donation of AED6 million from the Dubai Islamic Bank (DIB).

The donation aims to support the foundation’s local educational, health and community projects, under the framework of the nationwide cooperation to address and reduce the negative effects of the coronavirus (COVID-19) pandemic on Emirati families in need of educational, health and food aid. It also aims to facilitate the release of prisoners and help pay their debts.

“The partnership between the foundation and the bank dates back several years, being a key strategic partner which supports the humanitarian efforts and other activities of the foundation, benefitting many citizens and resident families in the country,” said Mohammed Haji Al Khouri, Director-General of the Foundation.

Last year, KF received a AED1.2 million donation from the DIB to support its efforts to provide laptops to school and university students.

The financial support was part of efforts to implement remote learning initiatives as part of UAE measures to prevent the spread of COVID-19.

Under the same framework, the Mohammed bin Rashid Al Maktoum Humanitarian and Charity Establishment also received a donation of AED16 million from the DIB to support the establishment’s national charity and humanitarian projects in the areas of education, health and community support.

Saleh Zaher Al Mazrouei, Director of the Establishment, said that the partnership with the bank began many years ago and is in line with the national humanitarian objectives aimed at enlarging the scope of charitable and humanitarian activities while underscoring the bank’s keenness and commitment to promoting the principles of solidarity and cooperation between members of the community.

Source: Emirates News Agency