UAE Today Newsletter

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Good morning from The National on December 9, 2022.

Here is your morning digest of what is making the headlines in the Emirates.

Sharjah, United Arab Emirates- February, 11, 2015:  Young emiratis ( L to  R ) Khalid Moosa Al Maazmi, Ahmed Moosa Al Maazmi and Saeed Al Shamshi from university of Sharjah  submit their  job applications to Adel Al Shirawi, recuritment officer at the Dubai Islamic Bank stand  during the National Career Exhibition at the Expo centre in Sharjah . ( Satish Kumar / The National )  For News / Story by Thaer Zuriekat Zriqat *** Local Caption ***  SK-NationalCareer-11022015-03.jpg

Recruiters in the UAE say they are being inundated with urgent pleas for help from private sector companies trying to make Emiratisation targets by the end of the year.

By January 1, companies with more than 50 employees must ensure 2 per cent of their staff are Emirati, under a government drive to encourage more citizens to enter the private sector.

Any employer that fails to reach the target will have to pay a fine of Dh72,000 ($19,600) in January for each Emirati position they fail to fill — Dh6,000 a month for every month in 2022.

“We’ve been inundated over the last few weeks with companies asking for our urgent help to hire UAE national talent at graduate and entry level and as we’re approaching the 2022 deadline,” said Samantha Wright, managing consultant for Emiratisation with recruitment firm Michael Page.

Read the full story here.

Shuchita Gautam
Assistant News Editor

 

US climate envoy Kerry praises decision to hold Cop28 in UAE

US climate envoy John Kerry said it was 'very exciting' that the UAE would host the talks. AP

US special climate envoy John Kerry has praised the decision to hold next year’s Cop28 climate summit in the UAE, saying traditional hydrocarbon producers should be supported to lead the transition to clean energy.

The next UN climate conference will be held from late November in the UAE.

“I think it's very exciting that the UAE is going to host Cop and it's so important that you have an oil and gas-producing nation step up and say, 'We understand the challenge of the climate crisis',” Mr Kerry said.

“If there are going to be new forms of energy, they want to be among the providers of it, just as they are today.”

Full story here.

 

Damac reveals Amazon rainforest-inspired project on Dubai Canal

Cavalli Couture is a 14-storey building featuring 70 units. Photo: Damac

Damac Properties has revealed a branded development along the Dubai Canal, as luxury launches continue in the emirate amid a booming market.

Cavalli Couture is a 14-storey building featuring 70 units comprising three, four and five-bedroom duplex sky villas and duplex penthouses.

The interiors, inspired by the Amazon rainforest, will be branded by Italian fashion house Cavalli.

Each unit will have its own infinity pool and terrace garden overlooking Dubai Canal.

There will be views of the Dubai skyline and the Burj Khalifa for units on one side, and those on the other side will overlook Safa Park and the Burj Al Arab.

Ian Oxborrow's report is here.

 

COMING UP

  • Mubadala World Tennis Championship 2022 at Zayed Sports City, Abu Dhabi – December 16-18
  • Sufi singer Rahat Fateh Ali Khan to perform at the Coca-Cola Arena, Dubai – December 29
 

FACT OF THE DAY

Elon Musk, the richest man in the world, briefly lost his top spot on Forbes' billionaire list to Bernard Arnault of LVMH

 

THE WRAP

Updated: December 09, 2022, 4:47 AM
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