The UAE has joined forces with Spain to boost collaboration in industry and advanced technology.
The agreement aims to establish a framework that will ease and enhance collaboration between the two nations, they said in a joint statement on Thursday.
It aims to advance several industries in both countries through trade partnerships, research and development, knowledge and policy exchange, and technology transfer.
We look forward to a fruitful collaboration with Spain’s Ministry of Industry, Trade and Tourism through joint efforts in advanced technology and research and development
Sarah Al Amiri,
UAE Minister of State for Advanced Technology
Areas of collaboration include aerospace, automotive, health and life sciences, Fourth Industrial Revolution technology and standards and regulations, the statement said.
The UAE intends to enhance innovative industries in the country to build the world’s most active economy, Sarah Al Amiri, the UAE Minister of State for Advanced Technology, said.
“We look forward to a fruitful collaboration with Spain’s Ministry of Industry, Trade and Tourism through joint efforts in advanced technology and research and development … to support the transformation towards a knowledge-based economy,” she said.
The pact is in line with the objectives of the UAE’s national strategy for industry and advanced technology. It aims to enhance innovation and technology adoption, and position the Emirates as a global hub for future industries.
In a move to strengthen the bilateral relations between the two countries, Spanish Prime Minister Pedro Sanchez visited the UAE this month.
Mr Sanchez, who also met Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, visited Expo 2020 Dubai on Spain’s “national day”, on February 2. He said closer ties would contribute to regional and global stability.
Sheikh Mohammed and Mr Sanchez witnessed the signing of agreements across the education, technology and investment sectors during their talks at Expo 2020 Dubai.
The UAE is a strategic partner of Spain and Mr Sanchez’s “visit will contribute to the strengthening of political and economic relations between our two countries”, María Reyes Maroto, Spain’s Minister for Industry, Trade and Tourism, said.
“I have had the opportunity to confirm the excellent bilateral relations that exist between our countries, and the commitment to continue strengthening them in the coming years,” she said.
Recent agreements signed between the UAE and Spain include a pact on co-operation in the field of industry and advanced technology and a partnership to promote industrial co-operation between the two countries.
These will “encourage bilateral investments and the transfer of key technologies in the industry”, Ms Maroto said.
What the law says
Micro-retirement is not a recognised concept or employment status under Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations (as amended) (UAE Labour Law). As such, it reflects a voluntary work-life balance practice, rather than a recognised legal employment category, according to Dilini Loku, senior associate for law firm Gateley Middle East.
“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.
“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”
If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
500 People from Gaza enter France
115 Special programme for artists
25 Evacuation of injured and sick
BMW%20M4%20Competition
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COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EKinetic%207%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202018%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Rick%20Parish%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Abu%20Dhabi%2C%20UAE%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Clean%20cooking%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20%2410%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Self-funded%3C%2Fp%3E%0A
COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
UAE currency: the story behind the money in your pockets
THREE
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Abu Dhabi traffic facts
Drivers in Abu Dhabi spend 10 per cent longer in congested conditions than they would on a free-flowing road
The highest volume of traffic on the roads is found between 7am and 8am on a Sunday.
Travelling before 7am on a Sunday could save up to four hours per year on a 30-minute commute.
The day was the least congestion in Abu Dhabi in 2019 was Tuesday, August 13.
The highest levels of traffic were found on Sunday, November 10.
Drivers in Abu Dhabi lost 41 hours spent in traffic jams in rush hour during 2019
Super 30
Produced: Sajid Nadiadwala and Phantom Productions
Directed: Vikas Bahl
Cast: Hrithik Roshan, Pankaj Tripathi, Aditya Srivastav, Mrinal Thakur
Rating: 3.5 /5
The specs: McLaren 600LT
Price, base: Dh914,000
Engine: 3.8-litre twin-turbo V8
Transmission: Seven-speed automatic
Power: 600hp @ 7,500rpm
Torque: 620Nm @ 5,500rpm
Fuel economy 12.2.L / 100km
