Day: April 2, 2024

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Etihad Water and Electricity convenes 2nd Strategic Partners Forum


AJMAN: Etihad Water and Electricity (EtihadWE) hosted its second Strategic Partners Forum with a Ramadan Suhoor event held in Ajman to celebrate collaborative success.

The event was attended by Yousif Ahmed Al Ali, CEO, along with officials and representatives of strategic partners from diverse sectors. Members of the media were also in attendance as guests, acknowledging their critical role in bringing greater awareness of the company’s initiatives and accomplishments to the public.

The forum commenced with an inspired speech by CEO Yousif Ahmed Al Ali, who began by extending a warm welcome to the attendees and expressed profound gratitude for the strategic partners’ integral role in the company’s success, highlighting the synergy and sustained support as key contributors to EtihadWE’s achievements.

He continued by emphasising the significance of Ramadan, stating, ‘The values we celebrate during this blessed month reflect the principles we uphold in our business and partnerships throughout the year. Tonig
ht, as we share this Suhoor, we reinforce these values of unity, gratitude, and collaboration that are vital to our collective success.’

A video presentation followed, showcasing the company’s main achievements from the beginning of 2023 to the end of the first quarter of the current year. This included the inauguration of NAQA’A, a landmark high-efficiency reverse osmosis desalination plant, as well as highlights of strategic partnerships with key entities.

The forum also featured Ahmed Jehad Al Suwaidi, VP of Asset Management, and Mohamed Ghuloum Alblooshi, VP of Supply Chain, who presented detailed insights into the company’s future strategies and the transformative journey of their respective divisions. Their speeches emphasized the commitment to enhancing infrastructure, fostering digital transformation, advancing customer service, and driving innovation and operational efficiency through collaborative partnerships and governance reforms.

The forum culminated with a ceremonial appreciation by CEO Yous
if Ahmed Al Ali, recognising the representatives and associates of the leading companies, entities, and media in attendance, followed by an invitation to take part in the Suhoor meal, symbolizing the shared values and collective aspirations towards a sustainable and prosperous future.

Source: Emirates News Agency

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MoCD, DCD strengthen partnership to drive social sector enhancement efforts


ABU DHABI: The Ministry of Community Development (MoCD) and the Department of Community Development – Abu Dhabi (DCD) signed a memorandum of understanding (MoU) aimed at enhancing cooperation, coordination and exchange of expertise between the two entities. This MoU serves to support and enable strategic ties and partnerships, facilitating joint efforts to improve the quality of services provided within the social sector.

The MoU signing ceremony was attended by Shamma bint Suhail Faris Al Mazrui, Minister of Community Development, and Dr. Mugheer Khamis Al Khaili, Chairman of DCD, in addition to leaders from both parties.

The MoU aims to strengthen the frameworks of cooperation and coordination between the two entities, in relation to non-governmental social care institutions and centres operating within the social sector in Abu Dhabi, regulating their activities, activating their role in society and enabling them to provide specialised services in a way that enhances the quality of life of all members of
society.

The MoU also aims to enhance the quality of social services by continuing to improve the licensing, inspection and oversight system in accordance with applicable legislation, through joint communication and coordination plans between the two sides. This reflects the complementarity of roles between the federal and local institutions in each emirate, in addition to enhancing cooperation and coordination in legislative areas and policies related to social sector centres and institutions; and exchanging experiences, information and new developments in the field.

Source: Emirates News Agency

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Al Qassimi Hospital treats 3 high-blood-pressure cases using Paradise System


DUBAI: The Cardiac Catheterisation Unit at Al Qassimi Hospital in Sharjah, under Emirates Health Services, successfully carried out three procedures this month at the Cardiac Center to treat high blood pressure using the ‘Paradise’ system. The procedures were performed on three patients aged 45 to 75, who have been grappling with persistently unstable blood pressure despite being on medications for over four different types.

These three operations signify a groundbreaking leap in catheterisation techniques utilising the ‘Paradise’ system, first to offer by Emirates Health Services and implemented at Al Qassimi Hospital as a cutting-edge technological solution for high blood pressure treatment. This advancement sets a new standard in the Middle East region. The catheterisation process with ‘Paradise’ involves the precise heating and isolation of the sympathetic nerves encasing the renal arteries, pivotal in hypertension management. Moreover, it emits ultrasound waves penetrating the artery wall within a range
of 1-6 millimetres using balloons of varying sizes from 3.5 mm to 8 mm. Each artery requires 2 to 4 waves, with each wave lasting approximately 7 seconds.

Dr. Essam Al Zarooni, Acting Executive Director of Clinical Services Sector at EHS, emphasised that the EHS’ role transcends providing high-quality healthcare. It extends to innovation and offering the latest medical technologies and equipment that enhance treatment processes and deliver exceptional medical services to the community. EHS demonstrates a steadfast commitment to providing comprehensive and specialised healthcare to patients through advanced medical procedures like catheterisation at the Cardiac Center in Al Qassimi Hospital using the ‘Paradise’ system. This further solidifies its position as a leading healthcare entity at both the local and global levels.

Dr. Arif Al Nooryani, Director of Al Qassimi Hospital in Sharjah, emphasised the importance of conducting catheterisation procedures using the ‘Paradise’ system to deliver precise and effic
ient treatment for heart patients grappling with conditions like unstable high blood pressure. These interventions not only improve patients’ quality of life and mitigate severe health complications associated with such conditions but also reduce the risks of heart attacks and strokes, ultimately bolstering the community’s overall health. Al Nooryani highlighted Emirates Health Services’ commitment to embracing cutting-edge technologies, exemplified by its pioneering introduction of this technology in the Middle East region.

The catheterisation procedure using the ‘Paradise’ system usually takes around an hour, and patients are discharged from the hospital within 24 hours. The cost of the operation ranges between AED40,000 and AED60,000. It is noteworthy that the Cardiology Department at Al Qassimi Hospital pioneered the treatment of high blood pressure using thermal ablation catheters and modern technology in the country back in 2011.

Source: Emirates News Agency

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UN Secretary-General condemns targeting of Iranian Diplomatic Mission in Damascus


NEW YORK: António Guterres, Secretary-General of the United Nations, condemned the attack on diplomatic premises of the Islamic Republic of Iran in Damascus on 1st April, as well as the reported casualties.

He reaffirmed that the principle of the inviolability of diplomatic and consular premises and personnel must be respected in all cases in accordance with international law.

Guterres reminded all parties to respect all their obligations under international law, including international humanitarian law, as applicable. He also reiterated his calls on all concerned to avoid attacks that could harm civilians and damage civilian infrastructure.

The Secretary-General further called on all concerned to exercise utmost restraint and avoid further escalation.

Source: Emirates News Agency

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Daman transfers Abu Dhabi Basic Plan renewal services for domestic workers to TAMM platform


ABU DHABI: The National Health Insurance Company (Daman), part of PureHealth has launched a new option for renewing Abu Dhabi Basic Plans for domestic workers via TAMM, Abu Dhabi’s unified digital government platform.

In alignment with the digital transformation initiatives, this new process aims to streamline access to healthcare services for insurance renewals while elevating Daman’s commitment to enhancing customer experiences. The process for renewing the Abu Dhabi Basic Plans has been optimised via TAMM and customers can complete policy renewals in just 15 minutes.

Daman offers a streamlined service, encompassing the renewal of Abu Dhabi Basic Plans for domestic workers and covering any fines incurred due to delays in health insurance renewals. The entire process, completed within minutes, eliminates the need for document submissions, using the digital identity linkage feature. Once payment is completed, the insurance policy renewal is activated within 15 minutes, and customers receive a confirmation e
mail indicating the activation of policies for sponsored individuals.

The new renewal process of Abu Dhabi Basic Plans for domestic workers via TAMM is available through this link or by searching for the Renew Health Insurance – Daman service.

The Abu Dhabi Basic Health Insurance Plan, supported by Abu Dhabi Government, covers domestic workers sponsored by citizens or residents, who receive a wage of AED5,000 or less without housing provided by the sponsor, or AED4,000 or less if housing is provided by the sponsor.

Source: Emirates News Agency

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UAE leaders congratulate Egyptian President on taking constitutional oath


ABU DHABI: President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to Egyptian President Abdel Fattah El-Sisi on taking the constitutional oath for a new presidential term.

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai; and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, sent similar messages to the Egyptian President.

Source: Emirates News Agency

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AIM Congress renews partnership with UAE International Investors Council for global economic advancement


ABU DHABI: The AIM (Annual Investment Meeting) Congress renewed its strategic partnership with the UAE International Investors Council, by signing a new memorandum of understanding (MoU) for coordination and joint work between them towards enhancing the global investment environment and supporting the global economy. The agreement reflects the great success achieved by the partnership during the past years, which contributed to strengthening the UAE’s position as a global investment centre and an attractive destination for foreign investments.

The MoU was signed by Jamal Saif Al Jarwan, Secretary-General of the UAE International Investors Council (UAEIIC), and Dawood Al Shezawi, President of the AIM Congress, in the presence of a number of representatives of both parties, at the AIM Global Foundation headquarters in Dubai.

The memorandum aims to enhance ways of joint work, as the AIM Congress provides an ideal platform that brings together investors, decision-makers, startups and innovators from around the
world. It contributes to exchanging experiences and ideas and stimulating global economic growth to provide the best investment opportunities to the global business community.

The two parties agreed to enhance endeavours and efforts by developing a comprehensive cooperation plan, which includes organising an integrated set of activities and events to collect and exchange information related to national investments abroad and evaluate the effects of economic measures imposed by the countries hosting those investments. This contributes to building a database of foreign investment opportunities and viewpoints related to various foreign markets, as well as analysing the investment environment in those global markets.

Jamal Saif Al Jarwan, Secretary-General of the UAE International Investors Council, expressed his happiness with this cooperation, saying, ‘Cooperation has always been an essential factor for the success of our work at the UAE International Investors Council, and today’s renewal of the partnership
with the AIM Congress reaffirms our belief in the importance of strengthening the strategic partnerships. It will enable us to explore and cover a wide range of investment sectors, and in parallel, the UAE International Investors Council has witnessed great achievements, specifically in building new partnerships that have contributed to strengthening economic and investment ties with other markets globally.’

For his part, Dawood Al Shezawi, President of the AIM Global Foundation, stressed the importance of the partnership between the AIM Congress and the UAE International Investors Council, and its important role in supporting the event’s objectives of enhancing dialogue and cooperation between investors from different parts of the world.

Al Shezawi said, ‘We are pleased to continue our partnership with the UAE International Investors Council, which has played a prominent role in enhancing cooperation between various stakeholders, and which shares our vision of stimulating growth in the investment sector. T
hrough this renewed partnership, we will be able to continue our joint endeavours to facilitate transactions across borders with the aim of providing new opportunities for companies and investors. We are eagerly looking forward to continuing this fruitful cooperation that contributes to stimulating growth, economic and investment development between the UAE and all countries of the world, to create a brighter future.”

The activities of the 13th session of the 2024 AIM Congress will be organised from 7th-9th May, 2024 at ADNEC in Abu Dhabi, under the theme of ‘Adapting to the Shifting Investment Landscape: Harnessing New Potentials for Global Economic Development.’

The 2024 AIM Congress includes an exhibition, conference, forums, dialogue sessions, workshops, startup competitions under its various tracks, including the investment track, the innovation and technology track, the startups and unicorns track, the SMEs track, the future finance forum track, the regional focus forum track, to discuss various secto
rs such as agriculture, energy, technology, industry, tourism, hospitality, transportation and shipping, financial services, health and education, and foreign direct investment. Some of the events at AIM Congress are organised in cooperation with a number of international bodies such as the World Health Organisation, the World Tourism Organisation, the United Nations Industrial Development Organisation (UNIDO), and the United Nations Conference on Trade and Development (UNCTAD), and others.

Source: Emirates News Agency

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Salik’s AGM approves distribution of AED 550 million of cash dividends


DUBAI: Salik Company PJSC, Dubai’s exclusive toll gate operator, today concluded its Annual General Meeting (AGM), chaired by Mattar Al Tayer, Chairman of Salik’s Board of Directors.

Shareholders approved the Board of Directors’ report on the Company’s activity and its financial statements for the fiscal year ended on 31st December 2023, which included the distribution of cash dividends amounting to AED 550,035,000 (equivalent to 7.3338 fils per share), representing 100 percent of the net profit of the second half of the fiscal year ended on 31st December 2023.

The value of cash dividends distributable for the fiscal year 2023 amounted to AED 1,097,962,219 (equivalent to 14.6395 fils per share), representing approximately 100 percent of 2023 distributable net profit.

Salik’s AGM concluded with the approval of various Special Resolutions. Among these, the definition of ‘Government Shareholder’ was amended to encompass any entity or individual designated or nominated by the Government of Dubai. Additionally,
amendments were made to the Articles of Association to add new business activities into Salik’s operations. Furthermore, the AGM approved Salik’s Corporate Social Responsibilities policy, along with the allocation of a percentage of the Company’s forecasted revenues towards the CSR initiatives.

Mattar Al Tayer, Chairman of Salik’s Board of Directors, said, ‘Salik’s robust financial performance in 2023 highlights the resilience of its business model, with record total revenue of AED 2.1 billion, increasing by 11.4 percent YoY. This growth was primarily attributed to toll usage revenue, which grew by 11.7 percent YoY, marking the strongest full-year performance since the start of Salik’s operation in 2007.”

He added, ‘The distribution of 100 percent of our net profit for the second half of 2023 confirms our commitment to create long-term value for our shareholders, with our very solid performance in 2023 a testament to the trust that the wider stakeholder community has placed in us. We are a direct contributo
r to, and beneficiary of, Dubai’s commitment to growth and diversification, and we are proud to be playing a role in this thriving economy.”

Mattar Al Tayer also noted, “Today’s AGM resolutions mark a significant step forward for Salik, positioning us for growth and ESG stewardship. The recent introduction of our Corporate Social Responsibility and Volunteering Policy in 2024 further underscores our commitment to achieving sustainable growth and aligning our operations with international best practice. We remain committed to collaborating closely with the relevant institutions and stakeholders, to support socio-economic development while prioritising societal well-being and creating positive change within our community.”

Ibrahim Al Haddad, CEO of Salik, also added, ‘Salik’s second AGM as a publicly listed company marks a notable milestone in our journey of growth and development. Our unwavering dedication to robust governance and transparency practices has instilled confidence in our shareholders, as evide
nced by the support and engagement witnessed in today’s meeting. We are committed to fulfilling our strategic growth plans, elevating our business to unprecedented levels of success.’

Source: Emirates News Agency

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UAE Team Emirates’ Vine comes in second in Itzulia TT opener


BASQUE COUNTRY: UAE Team Emirates got off to a flying start on day 1 of the Itzulia Basque Country, placing three riders in the top-11 of the time trial, with Jay Vine the best-placed in second place at just 7” from the winner Primoz Roglic (Bora Hansgrohe).

Roglic clocked the fastest time of 12’34” and became the first leader of the race with Vine pushing a blistering pace of 47.3 kmph on the undulating course starting and finishing in Irún (10km).

Vine said, ‘I’m really happy with the ride, it was a late addition to my schedule to come here and I’m always happy to get the opportunity to race a nice TT. I’m looking forward to the rest of the week and see what I can do as the week goes on. It’s a tough week on paper with some heavy climbing days but me and the boys are ready and motivated for it.’

Other notable performances were put in by Juan Ayuso (7th) and Brandon McNulty (11th) as both riders also come into the race in flying form with numerous victories to their names already this season.

Tomorrow
the Itzulia continues with stage 2 from Irun to Kanbo (160km).

Source: Emirates News Agency