The UAE's Year of the 50th, which marks the country's Golden Jubilee, is about celebrating its historic journey so far, all those who made it possible and the future generations who are getting ready to maintain progress during the next five decades.
Yesterday, the UAE's leadership unveiled Principles of the 50, a list of 10 principles for the country to follow during the next five decades. The "major priority", the document reads, is solidifying the union. The UAE is now one of the world's best-known economic, travel and cultural destinations, just 50 years after seven separate emirates united to become one country. This formula for development through unity will strengthen the other nine principles, which include building the world's most dynamic economy and staying close to founding values of openness and tolerance.
It will also inform the country's foreign policy. Other principles listed include fostering positive relations with neighbouring states, as well as a commitment to approaching political disagreements through constructive dialogue.
Senior officials and Cabinet ministers also announced the first round of 50 new projects to develop the country, all of which will be revealed throughout September.
Dr Sultan Al Jaber, Minister of Industry and Advanced Technology, announced measures to help transform the industrial sector, which include the Emirates Development Bank allocating 5 billion dirhams ($1.36 bn) to supporting the country's industrial sector by encouraging the projects of UAE citizens in new and innovative sectors.
Another Dh5 bn will be allocated from the bank to transform the industrial sector towards the fourth industrial revolution over a period of five years. The aim is to add Dh25 bn dirhams to the country's GDP, and increase the level of industrial output by 30 per cent.
Dr Thani Al Zeyoudi, Minister of State for Foreign Trade, announced the upcoming creation of "green visas", which will give recipients – professionals in certain key industries and sectors – more flexible residency terms. Those facing a cancelled visa would, on the new arrangement, have a grace period between 90 to 180 days, as opposed to the current 30, giving recipients more time to find a new sponsor or employer. And to help keep families together, parents would be able to sponsor children up to the age of 25, as opposed to today's age of 18.
Another project builds on a scheme announced last July to award 100,000 golden visas – long-term residency for professionals in certain key sectors – to computer programmers at home and abroad. Omar Al Olama, Minister of State for Artificial Intelligence, added that the scheme will seek to incorporate Emirati talent and boost the number of female participants, all part of wider "upskilling". July's deal, signed with tech giants such as Google, Microsoft, Amazon and Facebook, aims to make the UAE a global programming centre for the Middle East, a part of the world with a young population full of potential in the sector, as well as demand for it.
September is going to be a busy month for the UAE. These 50 new projects are due as the country prepares to open Expo 2020 on October 1, a diplomatic and economic success, but also a physical sign that the country is leading the world in a safe reopening after the pandemic.
From business to education, governance to project management, effective goal-setting is an important part of achieving results. For anyone who wants an idea of what the UAE will stand for during the next 50 years, stay alert throughout September.
The specs: 2018 Nissan 370Z Nismo
The specs: 2018 Nissan 370Z Nismo
Price, base / as tested: Dh182,178
Engine: 3.7-litre V6
Power: 350hp @ 7,400rpm
Torque: 374Nm @ 5,200rpm
Transmission: Seven-speed automatic
Fuel consumption, combined: 10.5L / 100km
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ESSENTIALS
The flights
Emirates flies from Dubai to Phnom Penh via Yangon from Dh2,700 return including taxes. Cambodia Bayon Airlines and Cambodia Angkor Air offer return flights from Phnom Penh to Siem Reap from Dh250 return including taxes. The flight takes about 45 minutes.
The hotels
Rooms at the Raffles Le Royal in Phnom Penh cost from $225 (Dh826) per night including taxes. Rooms at the Grand Hotel d'Angkor cost from $261 (Dh960) per night including taxes.
The tours
A cyclo architecture tour of Phnom Penh costs from $20 (Dh75) per person for about three hours, with Khmer Architecture Tours. Tailor-made tours of all of Cambodia, or sites like Angkor alone, can be arranged by About Asia Travel. Emirates Holidays also offers packages.
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
The specs
Engine: 1.5-litre turbo
Power: 181hp
Torque: 230Nm
Transmission: 6-speed automatic
Starting price: Dh79,000
On sale: Now
Top Hundred overseas picks
London Spirit: Kieron Pollard, Riley Meredith
Welsh Fire: Adam Zampa, David Miller, Naseem Shah
Manchester Originals: Andre Russell, Wanindu Hasaranga, Sean Abbott
Northern Superchargers: Dwayne Bravo, Wahab Riaz
Oval Invincibles: Sunil Narine, Rilee Rossouw
Trent Rockets: Colin Munro
Birmingham Phoenix: Matthew Wade, Kane Richardson
Southern Brave: Quinton de Kock
Specs
Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request
Nepotism is the name of the game
Salman Khan’s father, Salim Khan, is one of Bollywood’s most legendary screenwriters. Through his partnership with co-writer Javed Akhtar, Salim is credited with having paved the path for the Indian film industry’s blockbuster format in the 1970s. Something his son now rules the roost of. More importantly, the Salim-Javed duo also created the persona of the “angry young man” for Bollywood megastar Amitabh Bachchan in the 1970s, reflecting the angst of the average Indian. In choosing to be the ordinary man’s “hero” as opposed to a thespian in new Bollywood, Salman Khan remains tightly linked to his father’s oeuvre. Thanks dad.
Stats at a glance:
Cost: 1.05 billion pounds (Dh 4.8 billion)
Number in service: 6
Complement 191 (space for up to 285)
Top speed: over 32 knots
Range: Over 7,000 nautical miles
Length 152.4 m
Displacement: 8,700 tonnes
Beam: 21.2 m
Draught: 7.4 m
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Labour dispute
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.
- Abdullah Ishnaneh, Partner, BSA Law
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
UAE%20medallists%20at%20Asian%20Games%202023
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Company profile
Name: Fruitful Day
Founders: Marie-Christine Luijckx, Lyla Dalal AlRawi, Lindsey Fournie
Based: Dubai, UAE
Founded: 2015
Number of employees: 30
Sector: F&B
Funding so far: Dh3 million
Future funding plans: None at present
Future markets: Saudi Arabia, potentially Kuwait and other GCC countries
BLACKBERRY
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SPECS
Toyota land Cruiser 2020 5.7L VXR
Engine: 5.7-litre V8
Transmission: eight-speed automatic
Power: 362hp
Torque: 530Nm
Price: Dh329,000 (base model 4.0L EXR Dh215,900)
Global state-owned investor ranking by size
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United States
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China
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UAE
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Japan
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Norway
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Canada
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Singapore
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Australia
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Saudi Arabia
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South Korea
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