Abu Dhabi Ship Building (ADSB) says it has appointed four Emiratis to top positions at the company.
The announcement yesterday from the Abu Dhabi-listed specialist in the construction, repair and refit of naval, military and commercial vessels, comes as the UAE steps up efforts to get more Emiratis, who predominantly work in the public sector, into the higher echelons of the corporate world.
“With an increasingly evolving job market, it is critical to ensure that Emiratis are equipped to lead and drive the industry and our nation forward,” said Khaled Al Mazrouei, the firm’s chief executive.
“Since the launch of ADSB in 1996, we have placed great emphasis on cultivating national capabilities and our latest appointments only strengthen our commitment to diversifying local talent.”
The new appointments include: Hussein Al Baloushi, who is now the manager of the Baynunah Corvettes Development Programme, which provides vessels to the UAE Navy; Najeeb Al Shekeily, the new manager of Naval Support Services; Abdul Al Harethi, the new manager of the Arialah Project; and Saeed Al Ataishy, the new programme manager for Kuwait LandingCraft.
Mr Al Mazrouei said in February that Abu Dhabi Ship Building would join hands with Thales Group of France to provide maintenance services to naval forces across the region as it diversifies away from vessel construction.
ADSB, in which Mubadala – the emirate’s investment vehicle –holds a 40 per cent stake, expects its services arm to generate more revenue. For the first nine months of the year last year, the company swung to a loss of Dh53.5 million from a profit of Dh38.9m for the same period in 2013, following delays in securing new contracts.
In the first quarter of last year, the company won a support services contract with the UAE Navy, with hopes to expand its operating scope.
It also aims to extend its maintenance services to ships built by other companies in the military and commercial sectors.
mkassem@thenational.ae
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AVOID SCAMMERS: TIPS FROM EMIRATES NBD
1. Never respond to e-mails, calls or messages asking for account, card or internet banking details
2. Never store a card PIN (personal identification number) in your mobile or in your wallet
3. Ensure online shopping websites are secure and verified before providing card details
4. Change passwords periodically as a precautionary measure
5. Never share authentication data such as passwords, card PINs and OTPs (one-time passwords) with third parties
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The specs
Engine: 77.4kW all-wheel-drive dual motor
Power: 320bhp
Torque: 605Nm
Transmission: Single-speed automatic
Price: From Dh219,000
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UAE currency: the story behind the money in your pockets
The biog
Name: Fareed Lafta
Age: 40
From: Baghdad, Iraq
Mission: Promote world peace
Favourite poet: Al Mutanabbi
Role models: His parents
Engine: 5.6-litre V8
Transmission: seven-speed automatic
Power: 400hp
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How they line up for Sunday's Australian Grand Prix
1 Lewis Hamilton, Mercedes
2 Kimi Raikkonen, Ferrari
3 Sebastian Vettel, Ferrari
4 Max Verstappen, Red Bull
5 Kevin Magnussen, Haas
6 Romain Grosjean, Haas
7 Nico Hulkenberg, Renault
*8 Daniel Ricciardo, Red Bull
9 Carlos Sainz, Renault
10 Valtteri Bottas, Mercedes
11 Fernando Alonso, McLaren
12 Stoffel Vandoorne, McLaren
13 Sergio Perez, Force India
14 Lance Stroll, Williams
15 Esteban Ocon, Force India
16 Brendon Hartley, Toro Rosso
17 Marcus Ericsson, Sauber
18 Charles Leclerc, Sauber
19 Sergey Sirotkin, Williams
20 Pierre Gasly, Toro Rosso
* Daniel Ricciardo qualified fifth but had a three-place grid penalty for speeding in red flag conditions during practice
The specs
Engine: 2.0-litre 4-cyl, 48V hybrid
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TEACHERS' PAY - WHAT YOU NEED TO KNOW
Pay varies significantly depending on the school, its rating and the curriculum. Here's a rough guide as of January 2021:
- top end schools tend to pay Dh16,000-17,000 a month - plus a monthly housing allowance of up to Dh6,000. These tend to be British curriculum schools rated 'outstanding' or 'very good', followed by American schools
- average salary across curriculums and skill levels is about Dh10,000, recruiters say
- it is becoming more common for schools to provide accommodation, sometimes in an apartment block with other teachers, rather than hand teachers a cash housing allowance
- some strong performing schools have cut back on salaries since the pandemic began, sometimes offering Dh16,000 including the housing allowance, which reflects the slump in rental costs, and sheer demand for jobs
- maths and science teachers are most in demand and some schools will pay up to Dh3,000 more than other teachers in recognition of their technical skills
- at the other end of the market, teachers in some Indian schools, where fees are lower and competition among applicants is intense, can be paid as low as Dh3,000 per month
- in Indian schools, it has also become common for teachers to share residential accommodation, living in a block with colleagues
Why your domicile status is important
Your UK residence status is assessed using the statutory residence test. While your residence status – ie where you live - is assessed every year, your domicile status is assessed over your lifetime.
Your domicile of origin generally comes from your parents and if your parents were not married, then it is decided by your father. Your domicile is generally the country your father considered his permanent home when you were born.
UK residents who have their permanent home ("domicile") outside the UK may not have to pay UK tax on foreign income. For example, they do not pay tax on foreign income or gains if they are less than £2,000 in the tax year and do not transfer that gain to a UK bank account.
A UK-domiciled person, however, is liable for UK tax on their worldwide income and gains when they are resident in the UK.
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