Move to boost Sharjah's port



SHARJAH // As part of a drive to turn Port Khalid into one of the leading cargo and passenger seaports in the country, companies operating there are all scheduled to move to Hamriya Free Zone by the end of next year, port authorities announced this week. The move will be one of the final steps to realising the Sharjah Directorate of Ports and Sea Customs's ambitions for the facility.

"The port would have a big station for loading and unloading containers, facilitate container movement for exporters and importers as well as other sea travellers," Sheikh Khaleed bin Abdullah, the chairman of the directorate, told members of Sharjah Consultative Council in their last session of the year. Officials could not provide the precise number of companies that will move but Haddy al Qassim, managing director of Hamriya Free Zone, said it was home to most of the biggest oil and heavy industries in the emirate.

Shaikh Khaleed said Customs was considering scrapping the investment deposit of Dh50,000 (US$14,000) required from to start a company in any of the emirate's free zones, as way of encouraging more investments, though no final decision had been reached. He predicted it would take effect before the end of this year. Another important discussion concerned the planned fishing port at Khor Fakkan, which already has one of the biggest ports in Sharjah. Port Khor Fakhan is the only natural deepwater harbour in the Gulf region, and has four berths serviced by 14 container gantry cranes. A major berth extension project is currently under way.

ykakande@thenational.ae

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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.

How to come clean about financial infidelity
  • Be honest and transparent: It is always better to own up than be found out. Tell your partner everything they want to know. Show remorse. Inform them of the extent of the situation so they know what they are dealing with.
  • Work on yourself: Be honest with yourself and your partner and figure out why you did it. Don’t be ashamed to ask for professional help. 
  • Give it time: Like any breach of trust, it requires time to rebuild. So be consistent, communicate often and be patient with your partner and yourself.
  • Discuss your financial situation regularly: Ensure your spouse is involved in financial matters and decisions. Your ability to consistently follow through with what you say you are going to do when it comes to money can make all the difference in your partner’s willingness to trust you again.
  • Work on a plan to resolve the problem together: If there is a lot of debt, for example, create a budget and financial plan together and ensure your partner is fully informed, involved and supported. 

Carol Glynn, founder of Conscious Finance Coaching

From Zero

Artist: Linkin Park

Label: Warner Records

Number of tracks: 11

Rating: 4/5

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