Emergency crews evacuate a motorist by helicopter after a vehicle went off the road in Dubai. Christopher Pike / The National
Emergency crews evacuate a motorist by helicopter after a vehicle went off the road in Dubai. Christopher Pike / The National

Northern Emirates to get six helipads for air ambulances



Six stations providing emergence services will be launched as a first phase of a project aimed at bringing down road fatalities in the country.
Each station will include a helipad and a joint centre, with teams from the Air Wing, Ambulance and Civil Defence, said Ahmad Al Hamadai, director of roads department at the Ministry of Infrastructure Development. 
The stations, he said, aim to reduce road mortality rates, response time to accidents on main roads as well as boost traffic safety.
The Ministry of Infrastructure Development, in cooperation with the Ministry of the Interior, conducted a study to determine the best locations for rolling out of the first phase of the emergency stations and the northern areas of the country were chosen.
"The civil defence and paramedic teams in the stations will respond to emergencies or traffic accidents nearby and if support was needed from the Air Wing, a helicopter will carry the injured to the nearest hospital," said Al Hamdai.

A date for the launch was not revealed yet.

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Although traffic accidents are one of the biggest killers in the UAE, a federal traffic law that was amended last year aimed to reduce traffic casualties from about 6 per 100,000 people to 3 per 100,000 as per Vision 2021.
Brig Ali Al Dhaheri, director of Abu Dhabi Police's central operations sector, said that the number of people killed in road accidents in the capital last year fell by about a third, with 199 deaths down from 289 in 2016.

A Cat, A Man, and Two Women
Junichiro
Tamizaki
Translated by Paul McCarthy
Daunt Books 

Generational responses to the pandemic

Devesh Mamtani from Century Financial believes the cash-hoarding tendency of each generation is influenced by what stage of the employment cycle they are in. He offers the following insights:

Baby boomers (those born before 1964): Owing to market uncertainty and the need to survive amid competition, many in this generation are looking for options to hoard more cash and increase their overall savings/investments towards risk-free assets.

Generation X (born between 1965 and 1980): Gen X is currently in its prime working years. With their personal and family finances taking a hit, Generation X is looking at multiple options, including taking out short-term loan facilities with competitive interest rates instead of dipping into their savings account.

Millennials (born between 1981 and 1996): This market situation is giving them a valuable lesson about investing early. Many millennials who had previously not saved or invested are looking to start doing so now.

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

Engine: 6.2-litre supercharged V8

Power: 712hp at 6,100rpm

Torque: 881Nm at 4,800rpm

Transmission: 8-speed auto

Fuel consumption: 19.6 l/100km

Price: Dh380,000

On sale: now