The UAE is at the centre of the global aviation industry. AFP
The UAE is at the centre of the global aviation industry. AFP
The UAE is at the centre of the global aviation industry. AFP
The UAE is at the centre of the global aviation industry. AFP


When the UAE gets flying, so does the world


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August 05, 2021

If you want to quantify the damage caused by Covid-19, looking at air travel might be a good place to start. According to the International Air Transport Association, global passenger demand in 2020 was 75.6 per cent below 2019 levels.

These figures might finally start climbing again, after major developments for UAE travel this week. On Tuesday, authorities announced that UAE residents currently in India, Pakistan, Sri Lanka, Nepal, Nigeria and Uganda, all previously on a restricted list, could apply to return. Exceptions were also announced for certain cases, such as students or those coming for medical treatment. And from August 8, passengers travelling from the UAE to the UK will no longer have to undergo a mandatory – and costly – hotel quarantine.

Unprecedented inconvenience for travellers could be on the way out. This will be a relief for people such as British Dubai resident Elaine Cook, who last month spoke to The National about her horrific 10-day stay in UK hotel quarantine with a 22-month-old child and not enough bottled water to go around. Or, people travelling for urgent personal reasons, such as Kanak Raju, a teacher in Dubai who has been in Chennai for weeks, after he was forced to travel home following the death of his brother last year.

A woman in UK hotel quarantine holds up a sign reading 'our results are negative for Covid-19'. Getty
A woman in UK hotel quarantine holds up a sign reading 'our results are negative for Covid-19'. Getty

Travel, an integral part of a globalised world, is slowly coming back. The UAE’s aviation industry has never been just about its residents. The idea of a "UAE travel sector" encompasses so much more than simply coming to and from the country, with so much international transit traffic coming through the Emirates and relying on its transport infrastructure to stay connected.

Public health challenges remain, and authorities will continue to use measures to suppress cases and, crucially, new variants of Covid-19. Countries leading the field can set an example for the rest of the world as it opens up. The UAE leads vaccination tables, in addition to daily testing. Throughout the pandemic, The National has been keeping up with Paul Griffiths, the chief executive of Dubai Airports, who for months has been planning to make Dubai a "sanitised outpost" for traffic around the world.

Vaccines are particularly important part of the travel industry's recovery. The US is expected to announce that it will require all foreign visitors to be vaccinated, another move that will normalise vaccine passports, which just months ago were talking points, not the path back to a globalised world.

Government competence will restore confidence in this damaged sector. There will be hiccups. In the space of a week, the UK has lurched from plans to have six separate danger classifications for countries, to reverting to just three. But good news has outweighed the bad this August.

Those who have invested time creating complex itineraries to get home, whether it be returning to the UAE from India via Serbia, or Brits country-hopping in Europe to avoid hotel quarantine, might now be surprised that simpler, cheaper options are so suddenly available. In actual fact, these wins are anything but sudden. They are the product of a world that is learning to live with and not be defined by a deadly virus. The UAE is at the forefront of a new travel industry for our times, and will be bringing the world along with it.

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
MOUNTAINHEAD REVIEW

Starring: Ramy Youssef, Steve Carell, Jason Schwartzman

Director: Jesse Armstrong

Rating: 3.5/5

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The 12 Syrian entities delisted by UK 

Ministry of Interior
Ministry of Defence
General Intelligence Directorate
Air Force Intelligence Agency
Political Security Directorate
Syrian National Security Bureau
Military Intelligence Directorate
Army Supply Bureau
General Organisation of Radio and TV
Al Watan newspaper
Cham Press TV
Sama TV

Jetour T1 specs

Engine: 2-litre turbocharged

Power: 254hp

Torque: 390Nm

Price: From Dh126,000

Available: Now

Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
On sale: Now
Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)
The specs
Engine: 4.0-litre flat-six
Power: 510hp at 9,000rpm
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
Price: From Dh801,800
UAE currency: the story behind the money in your pockets
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Engine: 6.2-litre V8

Power: 502hp at 7,600rpm

Torque: 637Nm at 5,150rpm

Transmission: 8-speed dual-clutch auto

Price: from Dh317,671

On sale: now

Global institutions: BlackRock and KKR

US-based BlackRock is the world's largest asset manager, with $5.98 trillion of assets under management as of the end of last year. The New York firm run by Larry Fink provides investment management services to institutional clients and retail investors including governments, sovereign wealth funds, corporations, banks and charitable foundations around the world, through a variety of investment vehicles.

KKR & Co, or Kohlberg Kravis Roberts, is a global private equity and investment firm with around $195 billion of assets as of the end of last year. The New York-based firm, founded by Henry Kravis and George Roberts, invests in multiple alternative asset classes through direct or fund-to-fund investments with a particular focus on infrastructure, technology, healthcare, real estate and energy.

 

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Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

UAE currency: the story behind the money in your pockets
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Volvo ES90 Specs

Engine: Electric single motor (96kW), twin motor (106kW) and twin motor performance (106kW)

Power: 333hp, 449hp, 680hp

Torque: 480Nm, 670Nm, 870Nm

On sale: Later in 2025 or early 2026, depending on region

Price: Exact regional pricing TBA

What are the main cyber security threats?

Cyber crime - This includes fraud, impersonation, scams and deepfake technology, tactics that are increasingly targeting infrastructure and exploiting human vulnerabilities.
Cyber terrorism - Social media platforms are used to spread radical ideologies, misinformation and disinformation, often with the aim of disrupting critical infrastructure such as power grids.
Cyber warfare - Shaped by geopolitical tension, hostile actors seek to infiltrate and compromise national infrastructure, using one country’s systems as a springboard to launch attacks on others.

Updated: August 05, 2021, 2:02 PM`