Day: January 3, 2023

DUBAI, Dubai Municipality has announced the removal of all the waste collected from sites during New Year celebrations in the Emirate of Dubai. It also carried out almost 90 inspection and monitoring visits to ensure that the organisers of the accompanying events adhere to health and safety standards.

The Municipality teams completed field cleaning operations in record time before six in the morning, using more than 114 pieces of equipment.

The Municipality’s cleaning teams, which conducted the cleaning operations in coordination with private sector companies, comprised of 2,241 workers, 166 supervisors, and 189 volunteers.

The Municipality dealt with the waste from the fireworks and New Year shows, in addition to completing the general clean-up operations as part of its efforts to protect the cultural and aesthetic appearance of the Emirate.

The teams also monitored the events accompanying the celebrations in 43 locations to ensure their compliance with health and safety requirements and food safety standards through a team of 84 employees and supervisors, in addition to 32 observers at the Burj Khalifa celebration site.

The Dubai Frame celebration site of Dubai Municipality attracted nearly 20,000 visitors, who celebrated the beginning of the New Year, and the celebrations included the display of distinctive paintings.

Source: Emirates News Agency

DUBAI, In the first two days after the commencement of the unemployment insurance programme on 1st January, 60,000 employees have successfully signed up for it.

The programme has been implemented through a federal decree (No. 13 of 2022), which relates to unemployment insurance that does not incur any additional costs for employers.

The scheme aims to provide financial security to workers and professionals in the public and private sectors in case of job losses.

In the first two days, 86 percent of participants chose to sign up via the website

https://www.iloe.ae, one of seven channels provided by the Dubai Insurance Company, which represents the insurance complex that is in charge of providing insurance services against unemployment. Other subscription channels include the smart application of the insurance complex, self-service kiosks, businessmen service centres, Al Ansari Exchange, and smartphone applications of banks in the country, as well as telecom bills.

Ninety percent of participants chose to subscribe to the scheme annually. This option is given to two categories of individuals who are covered by the insurance. One category includes those whose basic wage is AED16,000 or less. The subscription amount is AED5 per month (AED60 yearly), and the maximum value of the monthly pay is AED10,000. The other is made up of those whose base wage is more than AED16,000; the monthly subscription fee for this group is AED10 (AED120 annually). The maximum monthly compensation amount is AED20,000.

If the insured employee does not resign or is not fired for disciplinary grounds, the insurance pays him a sum for a maximum of three months. The pay is calculated on 60 percent of the basic salary in the last six months before being unemployed.

The compensation will be paid within two weeks following the claim date. One has a choice to pay the premium quarterly, monthly, semi-annually, or annually.

The insured individual must submit the claim through the designated channels, which are the Dubai Insurance Company’s website

https://www.iloe.ae, smart application of the insurance complex, and the call centre of the insurance complex (600 599 555).

An individual has to be subscribed to the scheme for at least 12 consecutive months to be eligible for the benefit. The person forfeits his right to the claim if he leaves the country or accepts a new position.

The exempted categories for the scheme are investors or owners of establishments, domestic workers, temporary contract workers, juveniles (under 18 years), and retirees who receive a pension and joined a new job.

Source: Emirates News Agency

DUBAI, DAMAC Group has facilitated the highest altitude skydiving fireworks display, marking a Guinness Book World Record.

In association with Skydive Dubai, DAMAC achieved the grand feat by setting the mark at 5,130m (16,830 ft 27 in), breaking the existing record of 4,907.28m (16,000 ft 100in).

The record-breaking attempt was made on 7th December as part of the celebrations to honour a milestone in DAMAC’s 40th-anniversary celebrations.

“This is a momentous year and month for us. Not only are we celebrating 40 years since the inception of the DAMAC Group, but we have also had an excellent year in terms of project announcements and sales. We have made some big announcements, including our expansion in North America, Germany, the UK and the Maldives, and have also drawn ambitious plans for our digital transition journey. Nothing would match the excitement to resonate with such a record-breaking year than to break another record! We are thankful to the Skydive team for their support and cooperation,” said Niall McLoughlin, Senior Vice President at DAMAC.

Javad Khoramifar, member of Skydive Dubai’s senior management team, said, “Skydive Dubai has always endeavoured to proudly represent Dubai and the UAE on the global stage. It is recognised for its extraordinary and innovative pursuit of excellence in aerial sports and is home to adventurous enthusiasts across the globe. We were happy to collaborate with the DAMAC Group on such an important occasion in their calendar to achieve this new record.”

The certificate was presented to Ali Sajwani, Managing Director of DAMAC, and Abdullah bin Habtoor, Chief Portfolio Management Officer of Shamal Holding, on 15th December, during a gala gathering organised by DAMAC as part of its anniversary celebrations.

The evening also hosted an 8-minute firework display and a performance by America’s Got Talent winners, the Lebanese women dance troupe, Mayyas.

Source: Emirates News Agency

ABU DHABI, Abu Dhabi bourse extended gains on Teuesday with the main index (.FTFADGI) advancing 0.342 percent, driven by the hospitality and energy sectors.

The country’s largest lender First Abu Dhabi Bank (FAB.AD) was also up 0.470 percent, closing at AED17.280.

In more detail, TAQA maintained the momentum gained since the beginning of the year, closing 3.430 percnet up at AED3.630. ADQ, under the brand known as Asmak, however was 0.100 percnet down to end the session at AED409.500.

Dubai’s main share index, however, eased 0.67 percent, as Dubai Islamic Bank and Du dipped 1.4 percent and 1.060 percent respectively, while Emaar continued to rise, closing 0.680 percent up at AED5.940.

Source: Emirates News Agency

“I extend my warmest congratulations to His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on His Highness’ 17th Accession Anniversary as Ruler of Dubai. During this period, he has made Dubai one of the most prominent global cities and the best city to live and work. Dubai has become a key destination for investments regionally and globally, as well as a unique model for innovation, creativity, and development, and a benchmark for smart cities, by anticipating and shaping the future and implementing innovative, smart projects and initiatives. Under the wise leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, the UAE Government has ensured significant achievements and has become one of the most developed and efficient governments worldwide. It tops global competitiveness indicators across all sectors. At DEWA, we are guided by the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, the exceptional leader who doesn’t admit the impossible, accepts nothing but the first place across all sectors, and tells us that in the race for excellence there is no finish line. We are guided by the directives of His Highness to continue the journey of success and excellence and make achievements,” said HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA).

“On this occasion, we renew our pledge to the wise leadership. We pledge to Allah Almighty, to always be loyal soldiers to this generous nation and do our best to contribute to achieving the vision of the wise leadership to make Dubai the smartest and happiest city in the world and the UAE the world’s leading nation by its centennial in 2071,” added Al Tayer.

Source: Dubai Electricity and Water Authority