Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, on Monday approved various projects to support the Dubai Economic Agenda D33 strategy and boost the emirate’s competitiveness and future-readiness.
The projects, approved during a meeting of the Executive Council, include a centennial sewerage system, which will include an investment of Dh80 billion ($21.8 billion), and the adoption of a new model to boost small and medium enterprises in Dubai, the Dubai Media Office said in a statement.
The centennial sewerage system aims to be among “the world’s most advanced and sustainable” infrastructure projects and has been designed to serve the needs of the population for the next 100 years, in alignment with the D33 agenda and the Dubai Urban Plan 2040.
It will reduce carbon emissions in the sector by 25 per cent, promote a circular economy and contribute to Dubai’s global development and competitiveness indicators related to quality of life.
Sheikh Hamdan has also directed Dubai Municipality to team up with private sector companies for the sewerage system, the statement said.
Launched in January, D33 aims to double the size of Dubai’s economy, with a target of reaching Dh32 trillion by 2033 and establishing the emirate among the top three global cities.
The plan envisages a programme to support 30 private companies to achieve unicorn status ― worth more than $1 billion. Other business incubators will support the growth of private companies, with 400 of the most promising identified.
D33 also aims to make Dubai a global digital economy leader, the fastest growing and most attractive global business centre, a centre for sustainability and economic diversification, and an incubator and enabler of talented citizens.
The 10-year D33 strategy also seeks to establish Dubai as the world’s safest and most connected city as well as a preferred destination for major international companies and investments.
Private sector investment in projects geared towards achieving the goals of the D33 agenda is set to exceed Dh1 trillion by 2033.
As part of the new sewage system project, strategic tunnel projects will be carried out in Dubai’s Jebel Ali and Warsan stations.
The initiative includes reducing the number of main wastewater treatment plants from 20 to two in urban areas, as well as reducing main pumping stations from 13 to two. Sub-pumping stations will be reduced from 110 to fewer than 20 in urban areas, the statement said.
Sheikh Hamdan also approved the adoption of the future model of the Mohammed bin Rashid Establishment for SME Development (Dubai SME).
Through this strategy, the emirate aims to support innovative ideas and projects, create 86,000 new job opportunities, enable 8,000 Emirati entrepreneurs, establish 27,000 projects and contribute Dh9 billion to Dubai’s gross domestic product.
“Over the past two decades, the development of an entrepreneurial ecosystem has provided Dubai’s economy with dynamic growth based on knowledge and innovation,” Sheikh Hamdan said.
“Today, SMEs play a pivotal role, accounting for the largest share of businesses in Dubai.”
The strategy takes aim at specific sectors for Emirati entrepreneurs, with a focus on future-orientated, technology-based and scalable business models, the statement said.
These sectors include financial services, advanced manufacturing, transport, energy technology, retail and e-commerce, professional services and new business models, food and agricultural technology, health and society, and education technology.
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Dhadak 2
Director: Shazia Iqbal
Starring: Siddhant Chaturvedi, Triptii Dimri
Rating: 1/5
500 People from Gaza enter France
115 Special programme for artists
25 Evacuation of injured and sick
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The BIO:
He became the first Emirati to climb Mount Everest in 2011, from the south section in Nepal
He ascended Mount Everest the next year from the more treacherous north Tibetan side
By 2015, he had completed the Explorers Grand Slam
Last year, he conquered K2, the world’s second-highest mountain located on the Pakistan-Chinese border
He carries dried camel meat, dried dates and a wheat mixture for the final summit push
His new goal is to climb 14 peaks that are more than 8,000 metres above sea level
MATCH DETAILS
Chelsea 4
Jorginho (4 pen, 71 pen), Azpilicueta (63), James (74)
Ajax 4
Abraham (2 og), Promes (20). Kepa (35 og), van de Beek (55)
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
The specs
AT4 Ultimate, as tested
Engine: 6.2-litre V8
Power: 420hp
Torque: 623Nm
Transmission: 10-speed automatic
Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)
On sale: Now
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
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- 600-seat auditorium
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- Specialist robotics and science laboratories
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- Disruption Lab and Research Centre for developing entrepreneurial skills
2019 ASIA CUP POTS
Pot 1
UAE, Iran, Australia, Japan, South Korea, Saudi Arabia
Pot 2
China, Syria, Uzbekistan, Iraq, Qatar, Thailand
Pot 3
Kyrgyzstan, Lebanon, Palestine, Oman, India, Vietnam
Pot 4
North Korea, Philippines, Bahrain, Jordan, Yemen, Turkmenistan
Libya's Gold
UN Panel of Experts found regime secretly sold a fifth of the country's gold reserves.
The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.
Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.
A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.
The specs
Engine: 3.8-litre, twin-turbo V8
Transmission: eight-speed automatic
Power: 582bhp
Torque: 730Nm
Price: Dh649,000
On sale: now
THE APPRENTICE
Director: Ali Abbasi
Starring: Sebastian Stan, Maria Bakalova, Jeremy Strong
Rating: 3/5
How to help
Send “thenational” to the following numbers or call the hotline on: 0502955999
2289 – Dh10
2252 – Dh 50
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6026 – Dh 200
RESULT
Los Angeles Galaxy 2 Manchester United 5
Galaxy: Dos Santos (79', 88')
United: Rashford (2', 20'), Fellaini (26'), Mkhitaryan (67'), Martial (72')
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TUESDAY'S ORDER OF PLAY
Centre Court
Starting at 2pm:
Malin Cilic (CRO) v Benoit Paire (FRA) [8]
Not before 4pm:
Dan Evans (GBR) v Fabio Fogini (ITA) [4]
Not before 7pm:
Pablo Carreno Busta (SPA) v Stefanos Tsitsipas (GRE) [2]
Roberto Bautista Agut (SPA) [5] v Jan-Lennard Struff (GER)
Court One
Starting at 2pm
Prajnesh Gunneswaran (IND) v Dennis Novak (AUT)
Joao Sousa (POR) v Filip Krajinovic (SRB)
Not before 5pm:
Rajeev Ram (USA) and Joe Salisbury (GBR) [1] v Marin Cilic v Novak Djokovic (SRB)
Nikoloz Basilashvili v Ricardas Berankis (LTU)
The specs
Engine: 2.0-litre 4cyl turbo
Power: 261hp at 5,500rpm
Torque: 405Nm at 1,750-3,500rpm
Transmission: 9-speed auto
Fuel consumption: 6.9L/100km
On sale: Now
Price: From Dh117,059
Why your domicile status is important
Your UK residence status is assessed using the statutory residence test. While your residence status – ie where you live - is assessed every year, your domicile status is assessed over your lifetime.
Your domicile of origin generally comes from your parents and if your parents were not married, then it is decided by your father. Your domicile is generally the country your father considered his permanent home when you were born.
UK residents who have their permanent home ("domicile") outside the UK may not have to pay UK tax on foreign income. For example, they do not pay tax on foreign income or gains if they are less than £2,000 in the tax year and do not transfer that gain to a UK bank account.
A UK-domiciled person, however, is liable for UK tax on their worldwide income and gains when they are resident in the UK.
The specs
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
Company%20profile
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Company%20Profile
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