Government employees spoke of their joy on Sunday at the news that they would receive a bonus of one month's salary.
Some described the move as a another Ramadan blessing.
On Saturday, President Sheikh Khalifa ordered a month's salary to be paid as a bonus for serving and retired government employees to mark 100 years since the birth of the country's Founding Father, Sheikh Zayed on May 6.
Some Dh1.6 billion has been allocated for the bonuses. Rulers of the individual emirates followed by announcing similar bonuses for their local government employees.
“The announcement made my day - especially as it came before Ramadan,” said Mona Hajaj, an executive secretary at the UAE Space Agency.
The 42-year-old was watching a film with her children when her phone started beeping non-stop.
"All the groups were sending WhatsApp messages like crazy," she said.
“At first, I thought they had announced that we would be receiving our salaries early ahead of Eid, but then I read the comments and my son was sitting beside me. I literally jumped [for joy] from the couch.”
“Every month I send cash to my mother in Jordan, and I was hoping I could send her more money in Ramadan. And now I can give an extra amount.”
Her colleagues were equally pleased.
“This morning, everybody arrived to work happy and were all hailing the Rulers for this beautiful initiative,” she said.
Salem Al Shehhi, a member of the Federal National Council representing Ras Al Khaimah, said the initiative marks the birth of the entire nation.
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Read more:
Thousands turn out for New York run in honour of Sheikh Zayed as course record broken
Marking Sheikh Zayed’s birthday – a year of celebrations is in full swing
Sheikh Mohammed orders bonus worth Dh33m for all Dubai taxi plate owners
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“Sheikh Khalifa has always made his citizens happy, and for it to coincide with Sheikh Zayed’s 100th birthday is very significant because Sheikh Zayed’s legacy has instilled happiness and compassion within the entire nation.
“Even [some of] the private sector has followed,” he said.
Majid Hamad Al Shamsi, chairman of the retailer Union Co-op, has announced an additional basic month’s salary to all employees to celebrate the occasion.
“The importance of a nation is always in the heart of the leadership. I used to work for the Armed Forces and our leaders were constantly seeking initiatives to honour their people,” he said.
Dubai FNC member Azza bin Suleiman said the move shows that “Zayed’s fruitful tree of giving continues.”
Expo details
Expo 2020 Dubai will be the first World Expo to be held in the Middle East, Africa and South Asia
The world fair will run for six months from October 20, 2020 to April 10, 2021.
It is expected to attract 25 million visits
Some 70 per cent visitors are projected to come from outside the UAE, the largest proportion of international visitors in the 167-year history of World Expos.
More than 30,000 volunteers are required for Expo 2020
The site covers a total of 4.38 sqkm, including a 2 sqkm gated area
It is located adjacent to Al Maktoum International Airport in Dubai South
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
Company%C2%A0profile
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If you go…
Emirates launched a new daily service to Mexico City this week, flying via Barcelona from Dh3,995.
Emirati citizens are among 67 nationalities who do not require a visa to Mexico. Entry is granted on arrival for stays of up to 180 days.
Safety 'top priority' for rival hyperloop company
The chief operating officer of Hyperloop Transportation Technologies, Andres de Leon, said his company's hyperloop technology is “ready” and safe.
He said the company prioritised safety throughout its development and, last year, Munich Re, one of the world's largest reinsurance companies, announced it was ready to insure their technology.
“Our levitation, propulsion, and vacuum technology have all been developed [...] over several decades and have been deployed and tested at full scale,” he said in a statement to The National.
“Only once the system has been certified and approved will it move people,” he said.
HyperloopTT has begun designing and engineering processes for its Abu Dhabi projects and hopes to break ground soon.
With no delivery date yet announced, Mr de Leon said timelines had to be considered carefully, as government approval, permits, and regulations could create necessary delays.
NO OTHER LAND
Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal
Stars: Basel Adra, Yuval Abraham
Rating: 3.5/5
Some of Darwish's last words
"They see their tomorrows slipping out of their reach. And though it seems to them that everything outside this reality is heaven, yet they do not want to go to that heaven. They stay, because they are afflicted with hope." - Mahmoud Darwish, to attendees of the Palestine Festival of Literature, 2008
His life in brief: Born in a village near Galilee, he lived in exile for most of his life and started writing poetry after high school. He was arrested several times by Israel for what were deemed to be inciteful poems. Most of his work focused on the love and yearning for his homeland, and he was regarded the Palestinian poet of resistance. Over the course of his life, he published more than 30 poetry collections and books of prose, with his work translated into more than 20 languages. Many of his poems were set to music by Arab composers, most significantly Marcel Khalife. Darwish died on August 9, 2008 after undergoing heart surgery in the United States. He was later buried in Ramallah where a shrine was erected in his honour.
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Company%20profile
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The National's picks
4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young
Cryopreservation: A timeline
- Keyhole surgery under general anaesthetic
- Ovarian tissue surgically removed
- Tissue processed in a high-tech facility
- Tissue re-implanted at a time of the patient’s choosing
- Full hormone production regained within 4-6 months
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US households add $601bn of debt in 2019
American households borrowed another $601 billion (Dh2.2bn) in 2019, the largest yearly gain since 2007, just before the global financial crisis, according to February data from the New York Federal Reserve Bank.
Fuelled by rising mortgage debt as homebuyers continued to take advantage of low interest rates, the increase last year brought total household debt to a record high, surpassing the previous peak reached in 2008 just before the market crash, according to the report.
Following the 22nd straight quarter of growth, American household debt swelled to $14.15 trillion by the end of 2019, the New York Fed said in its quarterly report.
In the final three months of the year, new home loans jumped to their highest volume since the fourth quarter of 2005, while credit cards and auto loans also added to the increase.
The bad debt load is taking its toll on some households, and the New York Fed warned that more and more credit card borrowers — particularly young people — were falling behind on their payments.
"Younger borrowers, who are disproportionately likely to have credit cards and student loans as their primary form of debt, struggle more than others with on-time repayment," New York Fed researchers said.
The Intruder
Director: Deon Taylor
Starring: Dennis Quaid, Michael Ealy, Meagan Good
One star
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Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
Round 3: February 7-9, Dubai Autodrome – Dubai
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia