ABU DHABI // Sheikh Mohammed bin Rashid, Vice-President and Ruler of Dubai, has approved the expansion of International Humanitarian City.
The move, in response to urgent demand from UN and leading NGO agencies, most notably the Red Crescent, UNHCR, ICRC and the World Food Programme, will see the facility grow by more than 300,000 square feet.
More warehouse space will offer greater support to aid agencies struggling to cope with growing global demand for emergency services.
It will also help IHC members better pre-position stocks in the event of new pandemics, natural disasters and more armed conflicts and conduct more training of aid workers.
Conflicts in Syria, Yemen, Afghanistan, Nigeria and other trouble spots has led to displacement of more than 65 million people and a rise in the need for emergency aid in the form of food, shelter, and medicine.
Demand for aid is now at its highest since World War II and agencies need additional warehousing and logistics support to cope.
Founded in 2003, IHC is the world’s largest humanitarian logistics hub. Its members include nine United Nations agencies, apart from nearly 50 NGOs and businesses working in the aid sector.
When IHC moved to its current location in Dubai Industrial City near Jebel Ali Port and Al Maktoum Airport in 2011, it tripled in size but demand for space has continued to climb rapidly.
The IHC has played a pivotal role in first responses to crises in places as far away as Haiti and Vanuatu. The global hub for humanitarian services has played an especially critical role in moving goods to trouble spots in the MENA region and East Africa. UN and NGO members import and trans-ship massive amounts of aid supplies worth hundreds of millions of dirhams.
newsdesk@thenational.ae
Specs
Engine: Dual-motor all-wheel-drive electric
Range: Up to 610km
Power: 905hp
Torque: 985Nm
Price: From Dh439,000
Available: Now
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
COMPANY%20PROFILE
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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.
The specs: 2019 Cadillac XT4
Price, base: Dh145,000
Engine: 2.0-litre turbocharged in-line four-cylinder engine
Transmission: Nine-speed automatic
Power: 237hp @ 5,000rpm
Torque: 350Nm @ 1,500rpm
Fuel economy, combined: 8.7L / 100km
Abandon
Sangeeta Bandyopadhyay
Translated by Arunava Sinha
Tilted Axis Press
Company: Instabug
Founded: 2013
Based: Egypt, Cairo
Sector: IT
Employees: 100
Stage: Series A
Investors: Flat6Labs, Accel, Y Combinator and angel investors
The specs
Engine: 3.8-litre twin-turbo V8
Power: 611bhp
Torque: 620Nm
Transmission: seven-speed automatic
Price: upon application
On sale: now
MO
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Skewed figures
In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458.
UAE squad
Rohan Mustafa (captain), Ashfaq Ahmed, Ghulam Shabber, Rameez Shahzad, Mohammed Boota, Mohammed Usman, Adnan Mufti, Shaiman Anwar, Ahmed Raza, Imran Haider, Qadeer Ahmed, Mohammed Naveed, Amir Hayat, Zahoor Khan