Abu Dhabi is introducing an initiative to boost exports from the emirate to 60 target markets worldwide in an effort to further expand its foreign trade.
The new digital platform, Abu Dhabi Export Gateway, will “offer an integrated approach” to exporting at least 100 local products from 10 different sectors, the Abu Dhabi Department of Economic Development said on Sunday.
The new project will further support local export companies. It will also expand their contribution to the emirate’s gross domestic product as efficiency, export capacity and investments improve, Mohammed Ali Al Shorafa, chairman of the department, said.
The first phase of the Abu Dhabi Export Gateway is set to be launched in August.
“The platform will cover more than 100 local products across 10 different sectors and industries and is designed to accommodate expansion as local exporters may add more products they wish to promote via the platform.”
The new platform will also provide statistics on local exports and information about the economic performance of crucial sectors in Abu Dhabi and the UAE.
Mr Al Shorafa said the 60 target markets across the world were chosen based on the emirate’s established connections, economic relations and mutual trade.
The team managing the project will frequently review the needs of local companies and demand in foreign markets during the next six months, Ghanem Al Mazrouei, the department's executive director of international economic relations, said.
“Based on the results, the platform will add other global markets and target sectors, as well as a range of smart digital services that would enhance local companies’ exporting capabilities and practices.”
The unveiling of the platform comes as the UAE launches new measures to support exporters affected by the coronavirus pandemic.
Last month, Etihad Credit Insurance, a federal entity, said it would extend export credit insurance and additional funding to exporters and businesses facing payment and supply chain disruptions.
It is offering financial support to domestic companies through bank loans.
Abu Dhabi also waived Dh246 million in penalties to support small and medium-sized enterprises operating in the commercial and industrial sectors earlier this year.
The waived fines are related to various economic infractions including licence renewal delays, engaging in additional economic activities not covered by an existing licence and the improper storage of goods in unsafe areas.
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Graphene is extracted from graphite and is made up of pure carbon.
It is 200 times more resistant than steel and five times lighter than aluminum.
It conducts electricity better than any other material at room temperature.
It is thought that graphene could boost the useful life of batteries by 10 per cent.
Graphene can also detect cancer cells in the early stages of the disease.
The material was first discovered when Andre Geim and Konstantin Novoselov were 'playing' with graphite at the University of Manchester in 2004.
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6pm: Creek Views – Handicap (TB) Dh95,000 (T) 1,400m; Winner: Al Salt, Dane O’Neill, Erwan Charpy
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The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
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Arabian Gulf Cup FINAL
Al Nasr 2
(Negredo 1, Tozo 50)
Shabab Al Ahli 1
(Jaber 13)
The specs
Engine: 2.0-litre 4-cyl turbo
Power: 247hp at 6,500rpm
Torque: 370Nm from 1,500-3,500rpm
Transmission: 10-speed auto
Fuel consumption: 7.8L/100km
Price: from Dh94,900
On sale: now
World Cup warm up matches
May 24 Pakistan v Afghanistan, Bristol; Sri Lanka v South Africa, Cardiff
May 25 England v Australia, Southampton; India v New Zealand, The Oval
May 26 South Africa v West Indies, Bristol; Pakistan v Bangladesh, Cardiff
May 27 Australia v Sri Lanka, Southampton; England v Afghanistan, The Oval
May 28 West Indies v New Zealand, Bristol; Bangladesh v India, Cardiff
Squad
Ali Kasheif, Salim Rashid, Khalifa Al Hammadi, Khalfan Mubarak, Ali Mabkhout, Omar Abdulrahman, Mohammed Al Attas, Abdullah Ramadan, Zayed Al Ameri (Al Jazira), Mohammed Al Shamsi, Hamdan Al Kamali, Mohammed Barghash, Khalil Al Hammadi (Al Wahda), Khalid Essa, Mohammed Shaker, Ahmed Barman, Bandar Al Ahbabi (Al Ain), Al Hassan Saleh, Majid Suroor (Sharjah) Walid Abbas, Ahmed Khalil (Shabab Al Ahli), Tariq Ahmed, Jasim Yaqoub (Al Nasr), Ali Saleh, Ali Salmeen (Al Wasl), Hassan Al Muharami (Baniyas)
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The smuggler
Eldarir had arrived at JFK in January 2020 with three suitcases, containing goods he valued at $300, when he was directed to a search area.
Officers found 41 gold artefacts among the bags, including amulets from a funerary set which prepared the deceased for the afterlife.
Also found was a cartouche of a Ptolemaic king on a relief that was originally part of a royal building or temple.
The largest single group of items found in Eldarir’s cases were 400 shabtis, or figurines.
Khouli conviction
Khouli smuggled items into the US by making false declarations to customs about the country of origin and value of the items.
According to Immigration and Customs Enforcement, he provided “false provenances which stated that [two] Egyptian antiquities were part of a collection assembled by Khouli's father in Israel in the 1960s” when in fact “Khouli acquired the Egyptian antiquities from other dealers”.
He was sentenced to one year of probation, six months of home confinement and 200 hours of community service in 2012 after admitting buying and smuggling Egyptian antiquities, including coffins, funerary boats and limestone figures.
For sale
A number of other items said to come from the collection of Ezeldeen Taha Eldarir are currently or recently for sale.
Their provenance is described in near identical terms as the British Museum shabti: bought from Salahaddin Sirmali, "authenticated and appraised" by Hossen Rashed, then imported to the US in 1948.
- An Egyptian Mummy mask dating from 700BC-30BC, is on offer for £11,807 ($15,275) online by a seller in Mexico
- A coffin lid dating back to 664BC-332BC was offered for sale by a Colorado-based art dealer, with a starting price of $65,000
- A shabti that was on sale through a Chicago-based coin dealer, dating from 1567BC-1085BC, is up for $1,950
The burning issue
The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.
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Tomorrow 2021
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THE SPECS
Engine: 6.75-litre twin-turbocharged V12 petrol engine
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Torque: 780Nm
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Mini John Cooper Works Clubman and Mini John Cooper Works Countryman
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Price: JCW Clubman, Dh220,500; JCW Countryman, Dh225,500
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