One dirham from every Etihad ticket sold in 2017 to go to charity



ABU DHABI // Etihad Airways will donate one dirham from every flight ticket sold in the UAE this year towards the UAE's Year of Giving causes, the airline announced yesterday.

The move is one of many initiatives by Etihad Aviation Group, including free cargo space for humanitarian causes. Each month, the airline will donate proceeds to Emirates Red Crescent's local and international projects, including For Your Sake, Somalia, which targets famine in the African nation.

Etihad guests will soon be able to donate to ERC during flights using their credit cards.

Etihad chief executive Peter Baumgartner and the airline’s executive vice president – commercial, Mohammad Al Bulooki, launched the initiative with an Etihad dirham podium inscribed with the message “A dirham can go a long way”.

“We are proud to embrace the Year of Giving, a remarkable initiative that truly reflects the Emirati spirit of philanthropy,” Mr Baumgartner said.

“This donation is one of many philanthropic initiatives we are announcing throughout 2017, in a mission to embed giving within our corporate culture and in the way we do business.”

Mohamed Ateeq Al-Falahi, Emirates Red Crescent’s secretary general, said the charity will continue to work with the airline throughout the Year of Giving to support the UAE’s humanitarian mission.

The airline’s Year of Giving drive is visible on its flagship aircraft, the Airbus A380, with all four engines of the double-decker displaying the Year of Giving logo to promote the national initiative overseas in Etihad’s A380 destinations of Sydney, Mumbai, London Heathrow and New York.

President Sheikh Khalifa this year announced that 2017 would be the Year of Giving.

Etihad Aviation Group carries dozens of community engagement initiatives in the UAE and internationally, including programmes in India, Saudi Arabia, Lebanon and Serbia.

Last year, employees volunteered more than 4,300 hours of time in support of charities and community causes.

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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.

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At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

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In numbers: PKK’s money network in Europe

Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010

Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille

Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm

Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year

Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”

Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners

TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013 

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Ms Yang's top tips for parents new to the UAE
  1. Join parent networks
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  3. Keep an open mind