Month: April 2022

DUBAI, The Mohammed Bin Rashid School of Government (MBRSG) has signed a Memorandum of Understanding (MoU) with the Ministry of Labour and Rehabilitation in Libya’s Government of National Unity on the side lines of the World Government Summit 2022, taking place at Expo 2020 Dubai.

The agreement aims to strengthen collaboration towards training and upskilling employees, in addition to implementing an integrated set of policies and standards to accomplish strategic objectives, such as empowering human resources; enhancing competencies across the labour market; promoting quality and transparency standards; and driving government excellence through research studies, as well as educational and training programmes.

The MoU was signed by Dr. Ali bin Sebaa Al Marri, MBRSG’s Executive President, and Dr. Adel Ali Al-Aqbi, Director of the International Cooperation Office at the Ministry of Labour and Rehabilitation in the Government of National Unity in Libya, in a ceremony attended by Libyan Minister of Labour and Rehabilitation Ali Al Abed Al Rida, Abdulla Ali bin Zayed Al Falasi, Director-General of the Dubai Government Human Resources Department (DGHR) and Chairman of MBRSG, Sofian Shibani, Ambassador of Libya to the UAE, and Prof. Raed Awamleh, Dean of MBRSG, along with officials from both entities.

“The Memorandum of Understanding reflects our mindset and approach, which are rooted in cooperation and partnership,” Al Falasi explained. “We hope this collaboration will help shape a promising future for our human capital, which is certainly the region’s most valuable asset and the most effective instrument to advance Arab countries and boost their competitiveness now and in the future.”

For his part, Al Rida noted, “We look forward to seeing this reflected in the Libyan workforce and to qualifying Libyan employees in line with market requirements. This, in turn, allows us to accomplish our national plans and drive economic and social growth in the future.”

The MoU will see the two parties collaborate to promote further cooperation, communication, and coordination, in addition to developing and advancing each entity’s services. The two will facilitate the exchange of ideas for creative and innovative programmes, and then work together to develop their respective plans and projects.

The cooperation between the two parties will also include training and upskilling employees of the Libyan Ministry of Labour and Rehabilitation, honing their skills in various areas of common interest by launching training programmes and workshops, or enrolling them in MBRSG’s programmes. The MoU also provides for the exchange of knowledge on specialised policies and strategies, corporate governance, risk management, knowledge management, research, studies, and data analysis. The two parties will also exchange resources such as library content and digital information sources.

Other areas of collaboration include management consultancy, scientific and knowledge field trips, government best practices, and research-based decision making. The two parties will also hold meetings, discussions, workshops, seminars, and conferences to exchange ideas and propose innovative programmes to further strengthen cooperation.

Source: Emirates News Agency

DUBAI, Dubai’s property market has proved remarkably resilient during the pandemic, and more than 84 percent of real estate professionals expect competition within Dubai’s real estate market to ramp up going forward, according to the 2022 EMEA Real Estate Report published by Berkshire Hathaway HomeServices global headquarters.

The report reflected the experiences of residential real estate professionals across seven key markets for Berkshire Hathaway HomeServices consisting of Dubai, United Kingdom, Germany, Italy, Spain, Portugal and Greece over the past 12 months.

More than two thirds (68 percent) of respondents in Dubai said they had experienced growth over the previous twelve months and expect this positive trend to continue, with a noteworthy 77 percent – the highest figure reported across EMEA countries – predicting the market will grow further in the coming year. These figures, when coupled with a strong outlook for further growth, suggest that Dubai’s property sector will continue to display considerable vitality soon.

In the last quarter of 2021, the UAE’s real estate market witnessed record-breaking growth since records began. In November 2021, Dubai registered the best month of sales on record, with a total of 6,989 transactions worth AED17.95 billion. When looking at transaction volumes, Dubai reported a total of 57,043 for 2021, representing a 73.6 percent increase on 2020 and a 51.6 percent increase on 2019.

Real estate professionals attribute Dubai’s growth over the past year to have been supported by Expo 2020 Dubai as they observed an increase in market value of property coupled with an increase in demand both regionally and internationally.

With UAE being at the forefront of innovations globally and geographically located around the center of the world, Dubai is getting acknowledged and respected by investors across the EMEA region and wider globe. Dubai’s real estate professionals estimate that roughly 60 percent of residential real estate investment has been generated from outside the region, with under half (40 percent) of demand for property originating locally. According to the findings, a third (32 percent) comes from international investors within EMEA, and just over a quarter (27 percent) from outside of EMEA. Additionally, more than 50 percent of respondents based in Dubai are most likely to say that the balance of international versus domestic investment will change in the next three to five years.

“We must recognise the Dubai’s market has totally transformed. In just a few years, we’ve seen a marked shift from a market that was almost entirely domestically driven in the past, to one that is attracting more and more foreign and institutional capital. The country’s investments in world-class infrastructure coupled with the exceptional lifestyle and amenities, from the world’s best hotels and restaurants have helped transform the city into a destination that people want to live in. We see this to be true as people from all parts of the world including Europe, India and UK continue to choose to live in Dubai and furthermore add up to the tally of over 200 nationalities of expatriates that make up for roughly 85 percent of Dubai’s population.” further commented Dounia.

In term of types of houses in demand, more than half (55 percent) of property professionals said that the pandemic had generated increased demand for starter homes. Dubai is often seen as a luxury, second home destination, but the results illustrate a shift towards purchasing first and primary properties in the wealthy hotspot. The pandemic has also showcased that demand has grown for most property types, but most significantly, there was a 57 percent rise for detached homes and 58 percent for apartments and flats in Dubai. Furthermore, the proximity to amenities is particularly in-demand in Dubai with almost 70 percent of respondents highlighting the highest metric reported across the EMEA region.

Source: Emirates News Agency

ABU DHABI, Hangar50, the first Private Emirati Coding School in the UAE, has signed a Memorandum of Understanding (MoU) with 01Edu to set up and operate a white-labelled Coding School using the 01Edu pedagogy, a platform for revolutionary teacherless coding schools.

The MoU was signed by Ghanim Mubarak Al Hajeri, Hanger 50 founder, and David Sultan, Global Chief Operating Officer of 01 Edu, in the presence of many senior officials from both sides.

Under the deal, 01Edu will advise and support Hanger 50 in the implementation and operation of the code learning platform and provide technical support for its use and implementation. 01Edu will also be bringing advisory services to Hanger 50 for the operational setup and launch of the Coding School by sharing its experience and technical know-how, in all phases of the contemplated project, until the implementation of the Coding School.

The MoU will support both sides’ efforts to play a vital role in designing a better future for humanity and future generations in line with the UAE’s vision and strategy for the next fifty years, the UAE Centennial 2071 and Ghadan 21, Abu Dhabi’s accelerator programme, which was launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai.

The agreement is set to strengthen the Emirati cadres’ presence in the coding sector, in addition to creating a new generation of Emirati coders who can launch their own businesses to support the national economy.

Al Hajeri stated, “Hanger 50 will facilitate the integration of trained full stack software developers into the labour market and ensure the development of their skills in order to keep them ready for future changes and challenges by arming them with necessary capabilities, skills and experience.”

The project will also support the National Programme for Coding, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to train and attract 100,000 coders and establish 1,000 digital companies in 5 years, Al Hajeri said.

The project will target the 15-55 age group, and enhance collaboration with the United Arab Emirates University (UAEU) and the Mohamed bin Zayed University of Artificial Intelligence. It will feature a program that lasts for 24 months. Students will go through a 4 weeks selection boot camp and the top 250 will be recommended for a two-year program. After 18 months, students will become Full Stack Developers followed by a specialisation in AI, Blockchain or Gaming. According to Al Hajeri, the plan is to have fifty Hangar 50 schools across the UAE by the end of 2025.

For his part, Nicolas Sadirac, 01Edu co-founder and Chief Pedagogy Officer, stressed 01Edu’s keenness to offer all forms of support to Hanger 50, adding that the platform will provide a 100% digital, teacherless, on-campus program that sources and trains the best tech talents.

He made it clear that students will not be required to have a coding background nor diploma, where they will acquire the knowledge, skills and experiences that would qualify them to effectively and competitively enter the labour market.

Source: Emirates News Agency

CAIRO, Mariam Khalifa Al Kaabi, UAE Ambassador to the Arab Republic of Egypt, has presented her credentials to Egyptian President Abdel Fattah El Sisi during a ceremony at the Al-Ittihadiya Presidential Palace.

Mariam Al Kaabi conveyed to President El Sisi the greetings of President His Highness Sheikh Khalifa bin Zayed Al Nahyan; His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai; and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and their sincere wishes to the President of Egypt and the people of the country for further development and prosperity.

In turn, President El Sisi reciprocated his greetings to the UAE leaders, wishing the UAE’s government and people further growth and development.

The Egyptian President wished Al Kaabi success in her work to enhance ties between the two countries while highlighting his country’s readiness to provide her with the required support in facilitating her duties.

The ambassador expressed pride at representing the UAE in Egypt and her keenness to continue developing relations across all domains between the two friendly nations.

During the meeting, both sides discussed the prospects of fostering cooperation between the UAE and Egypt to serve the interests of the two countries and their peoples.

Source: Emirates News Agency

ABU DHABI, H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, congratulated President His Highness Sheikh Khalifa bin Zayed Al Nahyan on the advent of the Holy Month of Ramadan.

He also congratulated His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, Their Highnesses the Supreme Council Members and Rulers of the Emirates, Crown Princes and Deputy Rulers, on the occasion of Ramadan, wishing them a month full of goodness and blessings.

Source: Emirates News Agency

ABU DHABI, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, congratulated President His Highness Sheikh Khalifa bin Zayed Al Nahyan, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, Supreme Council Members, Their Highnesses Rulers of the Emirates, Crown Princes and Deputy Rulers, on the occasion of the Holy Month of Ramadan.

His Highness Sheikh Mohamed bin Zayed wished them good health and happiness. He also congratulated Emiratis and residents on the occasion and prayed to Allah the Almighty to grant UAE permanent security, pride and prosperity.

Sheikh Mohamed also greeted the Arab and Muslim nations on the occasion, wishing security and stability for the whole world.

Source: Emirates News Agency