Abu Dhabi established a new body to regulate its maritime sector as it moves to streamline oversight, attract more foreign investment and develop infrastructure to boost the sector’s contribution to the economy.
Abu Dhabi Maritime was formed by the Department of Municipalities and Transport through an agreement with Abu Dhabi Ports. The new body will be the custodian of the emirate’s waterways and marine ecosystems.
“The new entity will commence its work by implementing a comprehensive regulatory framework, developing world-class maritime infrastructure and introducing consolidated strategic planning for coastal zone management,” said Saif Al Mheiri, managing director of Abu Dhabi Maritime.
The move is part of the emirate’s efforts to diversify its economy and grow non-oil sectors to boost job creation and attract investment.
“Our synergistic approach backed by a highly interactive digital single-window portal will ensure that Abu Dhabi’s maritime waterways and ecosystems continue to attract new investors and increase the maritime sector’s contribution to the growth of our national economy,” Mr Al Mheiri said.
Abu Dhabi Maritime will function as a consolidated single point of reference for the sector. It is mandated to administer all the emirate’s waterways and will be responsible for drafting, monitoring and enforcing regulations and codes.
In addition, it will develop and maintain all infrastructure and assets on the waterways, with its own work overseen by a new Maritime Advisory Council.
The establishment of Abu Dhabi Maritime will “take the regulatory oversight of our maritime sector to the next level”, said Falah Al Ahbabi, chairman of the Department of Municipalities and Transport and chairman of Abu Dhabi Ports.
Abu Dhabi Maritime will soon launch the expanded Delma Port, the company said.
This will accommodate more than 60 local fishing dhows, new slipways, a digitised booking system serving the wider boating community and mooring facilities in four marine-protected areas, in co-ordination with the relevant entities.
Abu Dhabi has waterways that cover 45,000 square kilometres along a 2,400km stretch of coastline. These are home to 17 commercial and community ports, more than 100 maritime facilities and more than 1,000 companies. Additionally, more than 40,000 vessels move through these waterways each year.
“Establishing Abu Dhabi Maritime serves to advance our emirate’s goal of becoming a world-leading maritime centre through the pursuit of regulatory advancement, fulfilling the needs of the maritime sector and attracting more direct foreign investment,” said Mohamed Al Shamisi, Abu Dhabi Ports group chief executive.
The years Ramadan fell in May
THE BIO
Family: I have three siblings, one older brother (age 25) and two younger sisters, 20 and 13
Favourite book: Asking for my favourite book has to be one of the hardest questions. However a current favourite would be Sidewalk by Mitchell Duneier
Favourite place to travel to: Any walkable city. I also love nature and wildlife
What do you love eating or cooking: I’m constantly in the kitchen. Ever since I changed the way I eat I enjoy choosing and creating what goes into my body. However, nothing can top home cooked food from my parents.
Favorite place to go in the UAE: A quiet beach.
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Teaching your child to save
Pre-school (three - five years)
You can’t yet talk about investing or borrowing, but introduce a “classic” money bank and start putting gifts and allowances away. When the child wants a specific toy, have them save for it and help them track their progress.
Early childhood (six - eight years)
Replace the money bank with three jars labelled ‘saving’, ‘spending’ and ‘sharing’. Have the child divide their allowance into the three jars each week and explain their choices in splitting their pocket money. A guide could be 25 per cent saving, 50 per cent spending, 25 per cent for charity and gift-giving.
Middle childhood (nine - 11 years)
Open a bank savings account and help your child establish a budget and set a savings goal. Introduce the notion of ‘paying yourself first’ by putting away savings as soon as your allowance is paid.
Young teens (12 - 14 years)
Change your child’s allowance from weekly to monthly and help them pinpoint long-range goals such as a trip, so they can start longer-term saving and find new ways to increase their saving.
Teenage (15 - 18 years)
Discuss mutual expectations about university costs and identify what they can help fund and set goals. Don’t pay for everything, so they can experience the pride of contributing.
Young adulthood (19 - 22 years)
Discuss post-graduation plans and future life goals, quantify expenses such as first apartment, work wardrobe, holidays and help them continue to save towards these goals.
* JP Morgan Private Bank
Electric scooters: some rules to remember
- Riders must be 14-years-old or over
- Wear a protective helmet
- Park the electric scooter in designated parking lots (if any)
- Do not leave electric scooter in locations that obstruct traffic or pedestrians
- Solo riders only, no passengers allowed
- Do not drive outside designated lanes
ADCC AFC Women’s Champions League Group A fixtures
October 3: v Wuhan Jiangda Women’s FC
October 6: v Hyundai Steel Red Angels Women’s FC
October 9: v Sabah FA
RESULT
Shabab Al Ahli Dubai 0 Al Ain 6
Al Ain: Caio (5', 73'), El Shahat (10'), Berg (65'), Khalil (83'), Al Ahbabi (90' 2)
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Most sought after workplace benefits in the UAE
- Flexible work arrangements
- Pension support
- Mental well-being assistance
- Insurance coverage for optical, dental, alternative medicine, cancer screening
- Financial well-being incentives
UAE currency: the story behind the money in your pockets
Electoral College Victory
Trump has so far secured 295 Electoral College votes, according to the Associated Press, exceeding the 270 needed to win. Only Nevada and Arizona remain to be called, and both swing states are leaning Republican. Trump swept all five remaining swing states, North Carolina, Georgia, Pennsylvania, Michigan and Wisconsin, sealing his path to victory and giving him a strong mandate.
Popular Vote Tally
The count is ongoing, but Trump currently leads with nearly 51 per cent of the popular vote to Harris’s 47.6 per cent. Trump has over 72.2 million votes, while Harris trails with approximately 67.4 million.
NO OTHER LAND
Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal
Stars: Basel Adra, Yuval Abraham
Rating: 3.5/5
Gender equality in the workplace still 200 years away
It will take centuries to achieve gender parity in workplaces around the globe, according to a December report from the World Economic Forum.
The WEF study said there had been some improvements in wage equality in 2018 compared to 2017, when the global gender gap widened for the first time in a decade.
But it warned that these were offset by declining representation of women in politics, coupled with greater inequality in their access to health and education.
At current rates, the global gender gap across a range of areas will not close for another 108 years, while it is expected to take 202 years to close the workplace gap, WEF found.
The Geneva-based organisation's annual report tracked disparities between the sexes in 149 countries across four areas: education, health, economic opportunity and political empowerment.
After years of advances in education, health and political representation, women registered setbacks in all three areas this year, WEF said.
Only in the area of economic opportunity did the gender gap narrow somewhat, although there is not much to celebrate, with the global wage gap narrowing to nearly 51 per cent.
And the number of women in leadership roles has risen to 34 per cent globally, WEF said.
At the same time, the report showed there are now proportionately fewer women than men participating in the workforce, suggesting that automation is having a disproportionate impact on jobs traditionally performed by women.
And women are significantly under-represented in growing areas of employment that require science, technology, engineering and mathematics skills, WEF said.
* Agence France Presse
