A view of the Abu Dhabi Breakwater. According to a survey, 59 per cent of people in Abu Dhabi believe their employers will be back on their feet by the end of this year. Victor Besa / The National
A view of the Abu Dhabi Breakwater. According to a survey, 59 per cent of people in Abu Dhabi believe their employers will be back on their feet by the end of this year. Victor Besa / The National
A view of the Abu Dhabi Breakwater. According to a survey, 59 per cent of people in Abu Dhabi believe their employers will be back on their feet by the end of this year. Victor Besa / The National
A view of the Abu Dhabi Breakwater. According to a survey, 59 per cent of people in Abu Dhabi believe their employers will be back on their feet by the end of this year. Victor Besa / The National

Abu Dhabi study shows confidence in business rebound this year despite pandemic


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More than half of those living in Abu Dhabi surveyed by the government remained upbeat about their own prospects even though most expect unemployment to rise.

In a survey of 8,804 people on business and employment prospects, 76 per cent of respondents believe the aftermath of Covid-19 will continue to be felt, although 59 per cent are confident that their employers will be back on a solid footing before the end of this year, according to results released by Abu Dhabi’s Department of Community Development and Statistics Centre-Abu Dhabi yesterday.

“While there is inevitably concern, it is promising to see signs of optimism too, with many people feeling that businesses are well positioned to innovate and change and feeling optimistic about their own career situation,” Muna Al Bahar, adviser to the chairman of DCD, said.

The Life After Covid-19 study examined perceptions of how life in the emirate will be changed by the pandemic.

While 73 per cent of respondents are concerned that unemployment will rise, more than three quarters are optimistic about their own job security, with 68 per cent believing that their income will remain unaffected after the pandemic.

Loss of income was ranked lowest among people’s ongoing concerns, below the health risk to themselves and their families and a possible return of the virus, the survey found.

In terms of work practices, 69 per cent of respondents believe working from home will become more prevalent, with 43 per cent preferring to work remotely, mainly to reduce the risk of infection.

Of those surveyed, 83 per cent feel that the post-Covid environment will create opportunities for businesses to be more innovative, with the same proportion saying that more businesses will move online.

The survey, 41 per cent of whose respondents were male and 59 female, is designed to guide policymaking, overcome the challenges of Covid-19 and improve the quality of life for UAE ­residents.

“This insight is crucial to our understanding of the current situation and how people’s perception of the future is changing,” Ms Al Bahar said.

“This survey will play an important role in helping us support government bodies and authorities to develop innovative solutions to cope with life after Covid-19.”

The Abu Dhabi government unveiled a stimulus programme on March 16 to boost the economy and support businesses in the emirate.

About Dh5 billion has been allocated to measures to relieve pressure on businesses, with water and electricity subsidies granted for citizens and commercial and industrial activities.

Electricity connection fees for start-ups were waived until the end of this year and all commercial and industrial activities have been exempted from Tawtheeq fees this year.

The government also allocated Dh3bn through a credit guarantee scheme for small to medium-sized enterprises, dedicated Dh1bn to establish a market-maker fund to bring stability to stock prices and directed that all approved government payables and invoices be settled in 15 working days.

The emirate has also waived Dh246 million in penalties – a move that will benefit about 72,200 private companies, it said.

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MATCH INFO

Cricket World Cup League Two
Oman, UAE, Namibia
Al Amerat, Muscat
 
Results
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UAE beat Namibia by eight runs
Namibia beat Oman by 52 runs
UAE beat Namibia by eight wickets
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Oman v Namibia - abandoned

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The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


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ELIO

Starring: Yonas Kibreab, Zoe Saldana, Brad Garrett

Directors: Madeline Sharafian, Domee Shi, Adrian Molina

Rating: 4/5

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Dresos%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%20September%202020%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Vladimir%20Radojevic%20and%20Aleksandar%20Jankovic%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%2C%20UAE%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Fashion%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20%24285%2C000%3B%20%24500%2C000%20currently%20being%20raised%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Crowdfunding%2C%20family%2C%20friends%20and%20self-funding%3C%2Fp%3E%0A
F1 The Movie

Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem

Director: Joseph Kosinski

Rating: 4/5

ACL Elite (West) - fixtures

Monday, Sept 30

Al Sadd v Esteghlal (8pm)
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Al Hilal v Al Shorta (10pm)
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Match info

Champions League quarter-final, first leg

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Matches can be watched on BeIN Sports

Things Heard & Seen

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Starring: Amanda Seyfried, James Norton

2/5

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Premier League

Wednesday, June 17 (Kick-offs uae times) Aston Villa v Sheffield United 9pm; Manchester City v Arsenal 11pm 

Friday, June 19 Norwich v Southampton 9pm; Tottenham v Manchester United 11pm  

Saturday, June 20 Watford v Leicester 3.30pm; Brighton v Arsenal 6pm; West Ham v Wolves 8.30pm; Bournemouth v Crystal Palace 10.45pm 

Sunday, June 21 Newcastle v Sheffield United 2pm; Aston Villa v Chelsea 7.30pm; Everton v Liverpool 10pm 

Monday, June 22 Manchester City v Burnley 11pm (Sky)

Tuesday, June 23 Southampton v Arsenal 9pm; Tottenham v West Ham 11.15pm 

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Thursday, June 25 Burnley v Watford 9pm; Leicester v Brighton 9pm; Chelsea v Manchester City 11.15pm; Wolves v Bournemouth 11.15pm

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Monday June 29 Crystal Palace vs Burnley 11pm

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UAE currency: the story behind the money in your pockets
The biog

Family: He is the youngest of five brothers, of whom two are dentists. 

Celebrities he worked on: Fabio Canavaro, Lojain Omran, RedOne, Saber Al Rabai.

Where he works: Liberty Dental Clinic 

Three tips from La Perle's performers

1 The kind of water athletes drink is important. Gwilym Hooson, a 28-year-old British performer who is currently recovering from knee surgery, found that out when the company was still in Studio City, training for 12 hours a day. “The physio team was like: ‘Why is everyone getting cramps?’ And then they realised we had to add salt and sugar to the water,” he says.

2 A little chocolate is a good thing. “It’s emergency energy,” says Craig Paul Smith, La Perle’s head coach and former Cirque du Soleil performer, gesturing to an almost-empty open box of mini chocolate bars on his desk backstage.

3 Take chances, says Young, who has worked all over the world, including most recently at Dragone’s show in China. “Every time we go out of our comfort zone, we learn a lot about ourselves,” she says.

Our legal consultant

Name: Dr Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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