UAE approves Dh320m budget to improve local universities


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The UAE Cabinet has approved the allocation Dh320 million to local universities to help "improve their future performance."

On Sunday, Sheikh Mohammed bin Rashid, Prime Minister and Ruler of Dubai, chaired the meeting in which "extra budgets" were set aside for national universities in preparation for a post-coronavirus future.

"Normality will resume at our universities and schools," Sheikh  Mohammed said.

"It's the government's job to create an ideal environment for students to return in the academic year 2020-2021."

The Cabinet also agreed to update safety requirements for school buses to ensure pupils of all ages are protected while commuting.

Universities and schools closed in early March as part of measures to prevent the spread of Covid-19.

Classes were held online with institutions offering e-learning to ensure pupils and students did not miss out on critical education.

Schools and universities in Dubai are now expected to reopen to pupils for classes in September, with safety measures in place.

Plans for the other emirates have yet to be announced but Abu Dhabi's Department of Education and Knowledge is surveying parents on a return to school for pupils.

The Cabinet has also approved the updated safety requirements for school buses in the UAE. The update takes advantage of advanced technologies to boost safety levels.

During Sunday's meeting, the ministers also approved a national system to regulate and encourage sustainable agriculture.

Sheikh Mohammed said the system aimed to "enhance our self-sufficiency in food, and create new opportunities to ensure the sector is always ranked among the best".

''We want to invest in new agricultural fields and mechanisms by harnessing advanced technologies and make proactive changes in agricultural and food systems,'' he said.

Local farms previously said they had increased operations amid the coronavirus outbreak and were producing more fruit and vegetables than ever before to ensure Emiratis and residents had access to fresh produce.

The closure of borders affected the global shipping industry, causing a surge in demand for local produce.

The UAE Sustainable Agriculture System, approved by the Cabinet, seeks to increase self-sufficiency from some crops to 5 per cent annually and average farm income to 10 per cent.

It also aims to raise workforce in the sector by 5 per cent each year and looks for a 15 per cent annual reduction in water used for irrigation of a production unit, state news agency Wam reported.

Under the system, smartphone applications will help farmers to monitor insects' movements. Other tools will be used to exterminate or render insects infertile.

Mariam Almheiri, Minister of State for Food Security, said the system would help to raise levels of confidence in local food products.

“Sustainability in food security cuts down waste and addresses the challenges facing the sector, the most significant of which for the UAE is fresh water scarcity,” Ms Almheiri said.

“Agtech is a practical tool to strengthen the UAE system for sustainable agriculture, with closed environment agriculture systems reducing the amount of water used to irrigate crops by up to 90 per cent.

"The UAE Sustainable Agriculture System will distinguish products of local origin, facilitate their marketing and raise the level of consumer confidence, thereby encouraging customers to switch to responsible consumption."

On Sunday, the Cabinet also designated Wizz Air Abu Dhabi as a national carrier.

The smuggler

Eldarir had arrived at JFK in January 2020 with three suitcases, containing goods he valued at $300, when he was directed to a search area.
Officers found 41 gold artefacts among the bags, including amulets from a funerary set which prepared the deceased for the afterlife.
Also found was a cartouche of a Ptolemaic king on a relief that was originally part of a royal building or temple. 
The largest single group of items found in Eldarir’s cases were 400 shabtis, or figurines.

Khouli conviction

Khouli smuggled items into the US by making false declarations to customs about the country of origin and value of the items.
According to Immigration and Customs Enforcement, he provided “false provenances which stated that [two] Egyptian antiquities were part of a collection assembled by Khouli's father in Israel in the 1960s” when in fact “Khouli acquired the Egyptian antiquities from other dealers”.
He was sentenced to one year of probation, six months of home confinement and 200 hours of community service in 2012 after admitting buying and smuggling Egyptian antiquities, including coffins, funerary boats and limestone figures.

For sale

A number of other items said to come from the collection of Ezeldeen Taha Eldarir are currently or recently for sale.
Their provenance is described in near identical terms as the British Museum shabti: bought from Salahaddin Sirmali, "authenticated and appraised" by Hossen Rashed, then imported to the US in 1948.

- An Egyptian Mummy mask dating from 700BC-30BC, is on offer for £11,807 ($15,275) online by a seller in Mexico

- A coffin lid dating back to 664BC-332BC was offered for sale by a Colorado-based art dealer, with a starting price of $65,000

- A shabti that was on sale through a Chicago-based coin dealer, dating from 1567BC-1085BC, is up for $1,950

Normal People

Sally Rooney, Faber & Faber
 

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.

ETFs explained

Exhchange traded funds are bought and sold like shares, but operate as index-tracking funds, passively following their chosen indices, such as the S&P 500, FTSE 100 and the FTSE All World, plus a vast range of smaller exchanges and commodities, such as gold, silver, copper sugar, coffee and oil.

ETFs have zero upfront fees and annual charges as low as 0.07 per cent a year, which means you get to keep more of your returns, as actively managed funds can charge as much as 1.5 per cent a year.

There are thousands to choose from, with the five biggest providers BlackRock’s iShares range, Vanguard, State Street Global Advisors SPDR ETFs, Deutsche Bank AWM X-trackers and Invesco PowerShares.

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UAE currency: the story behind the money in your pockets
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. 

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MATCH INFO

Uefa Champions League semi-finals, second leg:

Liverpool (0) v Barcelona (3), Tuesday, 11pm UAE

Game is on BeIN Sports

Cryopreservation: A timeline
  1. Keyhole surgery under general anaesthetic
  2. Ovarian tissue surgically removed
  3. Tissue processed in a high-tech facility
  4. Tissue re-implanted at a time of the patient’s choosing
  5. Full hormone production regained within 4-6 months

Janet Yellen's Firsts

  • In 2014, she became the first woman to lead the US Federal Reserve 
  • In 1999, she became the first female chair of the White House Council of Economic Advisers 
PROFILE BOX

Company name: Overwrite.ai

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Sole survivors
  • Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
  • George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
  • Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
  • Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
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