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• Market enables investors to take positions on share price movements of the two companies


• Investors will be able to trade futures on 16 leading UAE-listed companies


Nasdaq Dubai will tomorrow launch futures on Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) and Emaar Malls, to enable investors to take positions on movements in the share price of the two companies in coming months.

ADNOC Distribution, a leading operator of retail fuel service stations, is scheduled to list tomorrow on Abu Dhabi Securities Exchange (ADX) following an initial public offering (IPO) that raised AED 3.1 billion. Emaar Malls listed on Dubai Financial Market (DFM) in October 2014 after raising AED 5.8 billion in its IPO.

The addition of the two prominent companies is the latest expansion of Nasdaq Dubai’s derivatives market, which from tomorrow will comprise single stock futures on 16 leading UAE-listed companies after opening with seven in September 2016. The derivatives market is attracting significant activity from investors, who make use of leverage to magnify the financial outcome of their trades.

SHUAA Capital will provide market-making services on ADNOC Distribution and Emaar Malls to facilitate liquidity, as it does on all Nasdaq Dubai single stock futures.

Hamed Ali, Chief Executive of Nasdaq Dubai, said: “With businesses in different industry sectors and listings on different exchanges, ADNOC Distribution and Emaar Malls further diversify the opportunities for investors to hedge or take a position on our equity futures market, including making gains whether the value of the underlying share is falling or rising. We will maintain the expansion of our derivatives platform by adding further products based on UAE and other regional markets in coming months and years.”  

In October 2017 Nasdaq Dubai announced agreements with MSCI,  DFM and ADX under which the exchange will create futures on their equity indices. Launch dates will be announced soon. The index derivatives will be a first in the region and will attract further international and regional participation in Dubai’s capital markets.

Futures on Emaar Development were added last month when the company listed its shares on DFM following an IPO that raised AED 4.8 billion.

More than 2.9 million futures contracts have traded on Nasdaq Dubai’s derivatives market since it opened.
  

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•  In line with the UAE’s ‘Year of Giving’, the partnership also delivers on the sustainability goals of UAE Exchange

• UAE Exchange to promote Dubai Cares’ volunteering and community engagement initiatives among its staff and customer base

In the spirit of the Year of Giving 2017, UAE Exchange and Dubai Cares have signed a Memorandum of Understanding (MOU) that will see UAE Exchange commit AED 10 million to the UAE-based philanthropic organization. The MoU was signed by Tariq Al Gurg, Chief Executive Officer of Dubai Cares, and Promoth Manghat, Chief Executive Officer of UAE Exchange Group, in the presence of Binay Shetty, Director of UAE Exchange, at the UAE Exchange Office in Dubai.

This commitment by the leading global money transfer, foreign exchange and payment solutions brand will support Dubai Cares’ overarching mission to positively impact the lives of underserved children and young people in developing countries through the transformative power of education. UAE Exchange will continue its annual commitment to Dubai Cares global programs with high impact on youth development and education for children. Additionally, UAE Exchange will promote Dubai Cares’ volunteering and community engagement initiatives among its employees and customers.

Welcoming this generous contribution by UAE Exchange, Tariq Al Gurg, Chief Executive Officer at Dubai Cares, said: “We are very grateful to UAE Exchange, whose generosity will certainly make a valuable contribution to our goal of impacting the lives of as many children and young people as possible by providing them with the opportunity to go to school and learn. This commitment truly reflects the values of the UAE’s ‘Year of Giving 2017’ as declared by His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the UAE.  What we aspire to achieve over the next 10 years and beyond, only becomes possible through the generosity and support of partners like UAE Exchange and other likeminded organizations, who genuinely believe in, and support, our noble cause and mission.”

Promoth Manghat, Chief Executive Officer of UAE Exchange Group, said: “Creation of a liberal world starts with access to education, the cornerstone of a progressive society. There are children deprived of their basic right to education. We are proud to partner with Dubai Cares, part of Mohammed Bin Rashid Al Maktoum Global Initiatives, to provide these children access to quality education through various initiatives globally. This collaboration fits well with our sustainability agenda guided by United Nations’ Sustainable Development Goals (SDGs), and the indicators of the UAE National Agenda leading to UAE Vision 2021 and UAE Centennial 2071. As a home-grown business, this partnership reinforces our efforts towards the UAE's Year of Giving initiative, as we believe the act of 'giving' starts a domino effect to impact positive change.”

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• West African country announces participation in Expo 2020 Dubai
• Perfect platform to share country’s innovative economic growth plan
• Expo Live is already supporting two Nigerian start-ups to expand

The most populous country in Africa, Nigeria, has announced it will join the UAE’s celebration of ingenuity, Expo 2020 Dubai.

The country’s participation was confirmed in a letter delivered by His Excellency Mohammed Dansanta Rimi, Ambassador of the Federal Republic of Nigeria to the UAE, to His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Expo 2020 Dubai Higher Committee on Monday, 11 December.

Expo 2020 Dubai will be the ideal platform for Nigeria to demonstrate how, through its Economic Recovery Growth Plan 2017-2020, it is working to overcome a recent economic recession to achieve stability, ensure energy sufficiency, guarantee agriculture and food security, encourage foreign direct investment, and build youth capability to take the country into the future.

Examples include investing in youth education to fill the skills gap in the economy, developing innovative agricultural practices to achieve self-sufficiency in tomato paste (in 2017), rice (in 2018) and wheat (in 2020), implementing universal healthcare coverage, and granting tax incentives to pioneering industries deemed beneficial for the economic development of the country and employment of its workforce.

His Highness Sheikh Ahmed bin Saeed Al Maktoum, said: “People and innovation are at the heart of World Expos, which is why we are delighted to welcome Nigeria as the latest country to formally announce its participation at Expo 2020 Dubai.

“Expo 2020 will be the first World Expo to be held in the developing world, and will be for the developing world, so we look forward to working with Nigeria and other confirmed African countries on our journey to 2020.”
Through its overall theme, ‘Connecting Minds, Creating the Future’, Expo 2020 Dubai will be a platform to foster creativity, innovation and collaboration globally, giving millions of visitors a glimpse into the future, guided by its three pillars: Opportunity, Mobility and Sustainability.
 
His Excellency Mohammed Dansanta Rimi, said: “Expo 2020 Dubai will be an unmissable opportunity for Nigeria to showcase the hard work we are doing to ensure economic growth and progress for our country in both the short and long term.

“We want to show the world how we are working to improve the lives of our youth and people, while opening up our economy and encouraging foreign investment – and Expo will be the ideal platform for us to do so.”

World Expos, which date back to the 1851 Great Exhibition in London, have always celebrated the latest in innovation and technology. Expo 2020 Dubai is no different, and through its Expo Live programme it has an allocation of USD 100 million to back projects that offer creative solutions to pressing challenges that impact people’s lives, or help preserve the world – or both.

Nigeria is already benefitting from Expo Live. During the first two cycles of the flagship Innovation Impact Grant Programme, 45 Expo Live Global Innovators from 30 countries were selected, with two, MOBicure and West Africa Vocational Training (WAVE), providing working examples of Expo supporting innovative ideas originating from Nigeria.

MOBicure’s OMOMI application helps expectant mothers and parents of under-five-year-olds monitor the wellbeing of their children from home, which can be life-saving for families living in remote areas or who cannot afford to attend a medical facility. Since its launch in Benin City in 2015, more than 30,000 parents have used the platform and the funding from Expo Live will help it reach even more families.

Lagos-based startup WAVE prepares young people in Nigeria for employment opportunities in the expanding hospitality and retail sectors, training unemployed youth with the skills they require to get their first job and start building a career for a brighter future.

Nigeria and the UAE already share strong bilateral relations, with non-oil trade between the two countries amounting to US$1.3 billion in 2016.

More than 150 countries have already confirmed their participation in Expo 2020 Dubai, including the majority of African nations.

Each participating country will have its own pavilion as part of Expo 2020 Dubai’s one nation, one pavilion policy – making Expo 2020 the first World Expo in history where every country will have its own pavilion.

Expo 2020 Dubai will run for six months from 20 October 2020 to 10 April 2021 and is expected to record 25 million visits, with 70 percent anticipated to come from outside the UAE. More than 180 countries are expected to take part, with further national participation announcements expected in the coming months.

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The Higher Organising Committee of the UITP MENA Congress & Exhibition 2018 revealed that the Roads and Transport Authority (RTA) had completed all preparations for hosting the event during 23-25 April 2018 under the theme: Pioneering for Customer Happiness.

Mohammed Obaid Al Mulla, Board Member of the RTA and Chairman of the Organising Committee of UITP MENA Congress & Exhibition, was delighted for Dubai to host once again this important regional transportation event. “The RTA is getting ready for hosting the UITP MENA Congress & Exhibition 2018 (18-23 April 2018) in the Dubai World Trade Center.

“This premier event is shaping into one of the top transportation conventions bringing together leaders, policy makers, legislators, developers, consultants, operators and manufacturers in this sector under one roof to discuss futuristic solutions of public transit means. The Organising Committee holds regular period meetings in the premises of the RTA, and quarterly meetings with the delegation of the UITP in Brussels for planning and preparing for this event. The Committee members are making huge efforts not only to meet expectations but even to surpass them,” said Al Mulla.

“In view of the extensive development witnessed in the public transport sector in the region as a whole, especially the UAE, I expect the event to attract considerable attention of ministers, chairpersons, CEOs, consultants, experts and other decision makers. It is increasingly felt that the event offers participants exposure to the successful practices of the advanced countries and the latest technologies of the industry.

“Topics to be discussed in the Congress will be consistent with the current policies of the UAE and the global transportation trends. The event will focus on introducing smart & integrated mobility, attracting new clients, bringing happiness & better health, and achieving further improvements across the board. Prominent speakers from the region and the world over will discuss key topics such as the autonomous mobility strategies, smart transportation platforms, taxi and limo apps, and green transport technologies. Issues under discussion also include school transport, the role of youth in public transport, and the accessibility of public transport networks in modern cities among others,” elaborated Al Mulla.
“The RTA is always keen to bring the best experiences and highest global standards of public transport to the MENA region. In this regard it counts on the expertise of the UITP; which has a broad base membership of companies, individuals, experts, and economists; all comprising 3200 members from 92 countries,” concluded Al Mulla.

It is noteworthy that the RTA had signed a MoU with the UITP for hosting the UITP MENA Congress & Exhibition every two years in Dubai, rendering it a permanent platform offering a window for the region to acquaint with the latest developments and innovations of public transport worldwide.]]>
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Dubai Airports welcomed Nigerian airline, Med-View’s first flight from Murtala Muhammed International Airport (LOS), via Abuja (ABV) to Dubai International (DXB) with a traditional water salute on Friday afternoon.

The airline, which operates into DXB’s Concourse D, offers travellers three weekly flights on Boeing B777 and B767 aircraft from Lagos via Abuja to Dubai. A cake cutting ceremony was attended by Med-View CEO, Mr. Muneer A. Bankole; Mr. Khalil Lamrabet, Dubai Airports’ Director Aviation Business Development and Mr. Saood Kankazar Executive Director DCAA.]]>
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Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum is set to attend tomorrow the 10th edition of the Arab Strategy Forum (ASF).

The 10th edition of the Forum, to be held under the theme 'The State of the World in 2018', will see thought leaders delivering geopolitical and economic forecasts on various global and regional issues. The Forum aims to enable leaders in both private and public sectors to better anticipate future developments. This year's edition of the event brings together prominent economic and political analysts and experts with the aim of fostering an analytical discussion of the state of the world in 2018.

The Arab Strategy Forum provides a platform for leaders in the private and public sectors to gain knowledge that will enable them to make strategically informed decisions, navigate risks and take advantage of opportunities. The Forum seeks to achieve that by creating a venue for leaders to share their short-term forecasts, thought leadership and insights. The Forum provides the ideal venue for world leaders and global influencers to discuss geopolitical and economic trends, insights and impactful strategies that can change the world.

The one-day event will have six plenary sessions featuring prominent speakers, including Nobel prize-winning economist Joseph Stiglitz, who will discuss the state of the world in 2018 from an economic perspective, and address the question of whether the world will witness an economic crisis. Other sessions at the event will cover the political and economic state of the Arab world, and ask key questions like which economy will lead the region, and how the confrontation with Iran will impact the region.

Former French President Francois Holland, and former US Defense Secretary Robert Gates will discuss 'The Political State of the World in 2018'.

The geopolitical situation in the Arabian Gulf will be the focus of a special session. The Forum will also review a report on the events that will affect the world in 2018.]]>
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Mohammed bin Rashid: Equal opportunities for men and women support both social cohesion and economic development
Manal bint Mohammed: The Index reflects the importance of gender balance in the national agenda
• Abdullah bin Zayed named Best Personality for Supporting Gender Balance
• Federal Competitiveness and Statistics Authority receives the ‘UAE Gender Balance Seal’
• Securities and Commodities Authority honoured for Best Initiative for Supporting Gender Balance

Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum said that gender balance is an important element of the national agenda and the UAE Vision 2021. His Highness emphasised that enhancing gender balance in the UAE will contribute to sustainable development and the fulfillment of the UAE’s commitments to the United Nations’ 2030 Sustainable Development Goals (SDGs).

His Highness Sheikh Mohammed said that the country, under the leadership of UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan, invests in the development of its people, and considers both women and men as equal partners in national development. The UAE continues to follow the path established by the late Sheikh Zayed bin Sultan Al Nahyan, who built strong foundations for gender equality with the support of Her Highness Sheikha Fatima bint Mubarak, Chairwoman of the General Women's Union, President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation. Sheikh Zayed created an environment that enables all members of the society to positively contribute to the UAE’s progress, he added.

HH Sheikh Mohammed further said that that one of the UAE’s key priorities is to become one of the highest ranked countries globally in gender balance. Ensuring equal opportunities for men and women supports both social cohesion and economic development, he said.

His Highness’s comments came during a ceremony held to honour the winners of the Gender Balance Index 2017. The Index features three categories: Best Personality for Supporting Gender Balance, Best Federal Entity for Supporting Gender Balance, and the Best Initiative for Supporting Gender Balance.

HH Sheikh Mohammed honoured His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation with a medal for being named as the Best Personality for Supporting Gender Balance. His Highness also honoured the Federal Competitiveness and Statistics Authority (FCSA) as the Best Federal Entity for Supporting Gender Balance. HE Reem bint Ibrahim Al Hashimy, Minister of State for International Cooperation and Chairwoman of the Federal Competitiveness and Statistics Authority received the ‘UAE Gender Balance Seal’. The UAE Securities and Commodities Authority was honoured in the category of Best Initiative for Supporting Gender Balance for its ‘Women in Boards’ initiative. HE Sultan bin Saeed Al Mansouri, Minister of Economy and Chairman of the SCA Board of Directors received the trophy.

Motivation for all
Her Highness Sheikha Manal bint Mohammed bin Rashid Al Maktoum, President of the UAE Gender Balance Council and wife of His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and UAE Minister of Presidential Affairs, expressed her gratitude to His Highness Sheikh Mohammed bin Rashid Al Maktoum for honouring the winners of the inaugural Gender Balance Index. Her Highness said that this recognition from the leadership reflects the importance of gender balance in the national agenda, and encourages all private and governmental entities to strive for further progress in this field.

Her Highness thanked the UAE Government for incorporating gender balance into the country’s national indicators, which measure the performance of all organisations. This will support the UAE’s national goals as well as the UAE Gender Balance Council’s vision to establish the country as a role model for gender balance legislation in the region. Her Highness also highlighted the strategic partnership with the Prime Minister’s Office to work on the results of the Index by reviewing the initiatives and procedures of the federal government organisations, and the policies they have adopted to support gender balance.

Global Standards for the Gender Balance Index
HE Mona Al Marri, Vice President of the UAE Gender Balance Council said that the UAE’s Gender Balance Index is based on the highest national and global benchmarks that include the UAE Cabinet’s national indicators and the United Nations Development Programme’s (UNDP) ‘Gender Inequality Index’.

Best Personality for Supporting Gender Balance … Abdullah bin Zayed
The first category of the Index recognises individuals who have played a key role in their organisation to achieve gender balance, provide equal opportunities and establish an environment that supports both men and women. It also honours individuals who have positively impacted gender balance locally, regionally and internationally, and contributed to enhancing the UAE’s ranking in global competitiveness reports.

His Highness Sheikh Abdullah bin Zayed Al Nahyan was named Best Personality for Supporting Gender Balance in recognition for the strong support he has provided to women in the diplomatic sector, which has helped numerous Emirati women achieve global success. Currently, women represent 20% of employees in the diplomatic sector in the Ministry of Foreign Affairs and International Cooperation.

Best Federal Entity for Supporting Gender Balance … The Federal Competitiveness and Statistics Authority receives the UAE Gender Balance Seal

The selection of the government entity to be awarded the ‘UAE Gender Balance Seal’ was based on three major criteria - decision-making, education and experience, and a supportive environment for working mothers. Evaluation in this category was based on statistics from the Federal Authority for Government Human Resources (FAHR), and polls conducted by a neutral party among more than 64,000 employees in the federal government. The Federal Competitiveness and Statistics Authority was named the recipient of the ‘UAE Gender Balance Seal’.

Women in Boards in the Securities and Commodities Authority
Evaluation in the third category of Best Initiative for Supporting Gender Balance was based on best practices, projects, and policies and legislations established to support gender balance.

The Securities and Commodities Authority (SCA) was named the Best Initiative for Supporting Gender Balance category for its ‘Women in Boards’ initiative, for which it received a trophy. The Authority introduced a requirement for all public companies listed in the security markets to have female representation on their Boards of Directors, and to ensure that at least one candidate for each board membership is a woman. This decision, which is in line with international best practices, as well as SCA’s governance rules, encourages women to run for leading positions on the Boards of Directors of public shareholding companies. The Authority aims to increase female representation on the Boards of Directors of public shareholding companies to 20% by 2020.]]>
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•UAE Astronaut Programme to make history with first Emirati and Arab astronauts’ space flight
•More than 1000 applications received to date

Following the announcement from H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the Mohammed bin Rashid Space Center is now accepting entries for the UAE Astronaut Programme. At the end of 2018, four carefully selected Emirati candidates will be chosen to form the UAE Astronaut team and undergo a three-year long intensive training programme to enable them to board the International Space Station (ISS).

The UAE Astronaut Programme has received more than 1000 applications of enthusiasts, only few days after the announcement. Young Emiratis - including all fields -  ex-pilots, doctors, scientists, teachers and others -  can register at www.mbrsc.ae/astronauts. Finalists will go through training in theory and science, as well as specialty qualification courses, over several months and in accordance with the highest international standards and requirements. The team of four young Emirati astronauts who will be sent to space as part of the country’s growing space exploration programme segues with its overall strategy to integrate advanced sciences into its national growth matrix.

Commenting on the initiative, H.E. Hamad Obaid Al Mansouri, Chairman of the Mohammed bin Rashid Space Center, said: " The UAE Astronaut Programme is a boundless ambition that showcases the UAE’s ongoing investment in science programmes to help serve national interests in the future, actively participating in global space exploration, and exploring the prospects of human life in space, including the possibility of inhabiting other planets.”

“I would like to personally thank every single young Emirati men and women who received well, His Highness Sheikh Mohammed bin Rashid Al Maktoum’s call to become UAE’s first batch of astronauts and contribute in his or her own way to the future of our determined nation, said H.E. Yousuf Hamad Al Shaibani, Director General of the Mohammed bin Rashid Space Center.

The selection of applicants to the UAE Astronaut Programme begins once the candidate submits his or her application which are then carefully screened and assessed based on the qualifications of the applicants. Shortlisted candidates will be chosen to undertake theoretical and practical tests, training and qualification courses, and aptitude tests, over several months, in accordance with the international standards required for different missions. This intensive screening programme allows Mohammed bin Rashid Space Center to choose the most suitable candidates for the board the International Space Station (ISS) in the first UAE space flight.

Further commenting on the programme, Salem Humaid Al Marri, Assistant Director General for Scientific and Technical Affairs in the UAE and Program Manager of UAE Astronaut Programme said: "As per the vision of the UAE National Space Programme, and the wider vision for the advancement of the nation, the UAE Astronaut Programme aims to prepare and qualify Emirati astronauts through strong international cooperation and knowledge-transfer across space science. Our mission in space hasn’t even started, it is the start of endless journey. The First Astronaut programme is the latest in a series of space projects announced and will be announced by the nation to ensure that the promise of space will be realized for the benefit of generations to come.

The UAE Astronaut Program provides Emirati youth with a unique opportunity to make a significant contribution to the advancement of UAE’s space exploration and innovation industry. Ultimately, four well suited candidates will be chosen as part of the UAE Astronaut Team who will undergo a series of training programmes to hone and develop the required skillset to board the International Space Station (ISS) in the first UAE space flight. They will also be responsible for sharing their knowledge and experiences with other international astronauts and promote UAE achievements in the space sector.”

The chosen four astronauts forming the UAE Astronaut team will be subjected to a series of training programmes, which are divided into a year-long basic training modules and advanced training modules which will be conducted over a period of two years. As part of the programme, the astronauts will also travel to various Astronaut Training Centres around the world providing state-of-the-art simulation systems in the field of space training, to enable them to acquire the best skills in this area.

Young Emirati men and women who like to enroll for the UAE Astronaut Programme should register through the Mohammed Bin Rashid Space Center website: www.mbrsc.ae/astronauts

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Emirates expects one of its highest passenger traffic periods for 2017 this upcoming weekend, which will start from Thursday 14 December as travelers head home or abroad for the holiday season.

More than 420,000 travellers will be passing through Emirates Terminal 3 during the weekend period, according to the airline’s latest booking figures. The busiest day for the airline is expected to be on Friday 15 December.

With road works and major infrastructure enhancements happening around the main airport highways and roads, Emirates urges customers to build in extra time to their journeys to avoid potential delays.

Emirates reminds customers to arrive at the airport at least three hours before their flight departures.   Passengers can physically check in at the airport as early as six hours before departing on their flight. They are requested to check in no later than 2 hours prior to departure, regardless of class of travel. Customers who check in less than 60 minutes prior to their scheduled flight departure will not be accepted for travel. Customers can also check in online on both their desktops and mobile devices from 48 hours to 90 minutes before flight departure.

In addition to online check-in services, Emirates also offers convenient car park check-in facilities equipped with 16 check-in counters. Customers can use these to check in and drop off their luggage. Along with checked in baggage, passengers are strongly advised to adhere to carry-on baggage weight limits, which are 7kg for Economy Class and 14kg for Business and First Class.  Staff will be checking the weight of carry-on bags at various touch points before passengers board their flights.

Alternatively, customers heading to Emirates Terminal 3 can choose to drop their luggage at one of the 46 dedicated bag drop counters in Economy Class or separate counters in First Class and Business Class from six hours to 90 minutes prior to departure. Families travelling with small children can use dedicated Family counters in Check in Zone 2.

After checking in, passengers are also advised to make sure they get to their boarding gate on time. Gates open 90 minutes before departure, boarding starts 45 minutes before each flight and gates close 20 minutes before departure. If passengers report late Emirates will not be able to accept them for travel. Check-in and gate closure timings will be strictly followed to ensure flights depart on schedule.  These time checks will ensure minimal flight delays out of Dubai.]]>
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Jafza, the flagship free zone of global trade enabler DP World, has launched a training programme to equip UAE nationals for positions in the fabricated metal industry.

The programme was announced by Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, at the graduation ceremony of the first batch of trainees under Jafza’s Tumoohi initiatives.  Bin Sulayem attended the graduation ceremony along with DP World senior Management and the heads of companies that are partners with Jafza in the Tumoohi programme.

The initiative will achieve the desired integration between university learning and vocational training in a working environment that prepares UAE nationals to join highly technical industrial companies, especially in the fabricated metal sector, learn on the job, and advance their careers in their field of specialization.

Mr. Bin Sulayem stressed the need to develop the skills of UAE nationals, and in fabricated metals. He said: “We will work closely with higher education institutions in the UAE, the Executive Council in Dubai and fabricated metal manufacturers to form an innovative training programme that meets international standards. The programme will aim to enhance their professional awareness, hone their skills and improve their career prospects in the future. ”

“Dubai has the opportunity to increase its production of fabricated metals, especially through its current production of aluminium by developing the manufacture of finished and semi-finished aluminium products. This is in line with aims of the UAE Centennial Plan 2071, and the vision our leaders have for the country and its people.”

Congratulating the graduates, Bin Sulayem, said: “We look forward to you using your experience and learning to contribute to the corporate sector and the development of your country.

Khawla Ali, Director of the Human Resources Department and General Supervisor of the Tamoohi programme congratulated the graduates on completing their training and wished them success in their careers. She underlined the importance the programme has gained among fresh graduates seeking to enhance their skills and benefit from the training offered.

"We have 23 agreements in place with local and multi-national organisations including Expo2020 and we intend to expand the programme next year to include more.”

Tumoohi, which means “My Ambition” is an initiative developed by Jafza to support young Emirati graduates and provide the next generation of entrepreneurs with a range of appropriate skills and expertise to meet the diverse needs of the labor market in the UAE.

It also aims to enable the entry of Emirati youth into international companies based in Dubai to develop their skills and to contribute to economic growth.

Each trainee receives guidance from experienced professionals during the 6-12 month programme. During which they get a monthly stipend with the opportunity to become permanent employees of the organisation they train with according to merit and vacancies that are available.]]>
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