Dressing up to work


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There is something particularly paramount and seminal about a job that requires a uniform. I'm not referring to the shift dresses and stilettos of the city lawyer or the dapper suit and pocket-square of a banker.  I am referring to jobs in which donning a specially-made outfit is a must to ensure a job well done. Nothing screams importance more than a surgeon's mask or a firefighter's overalls.

No other field requires as much dressing up as a cleanroom facility. Students of microelectronic engineering at the Masdar Institute in Abu Dhabi will be dressing up and covering up in specially designed uniforms every day to conduct delicate research in semiconductor chips now that the institute's own facility became fully operational earlier this year.

The opening of the cleanroom heralds a new milestone for the country's semiconductor ambitions and the significance of the Masdar cleanroom facility will only grow next year because eventually, the oil will run out and the UAE will need other forms of revenue to maintain its economy.

Abu Dhabi's government has been investing heavily in the semiconductor space, identifying the inevitable growth of the digital space and the need for silicon chips now that 50 billion devices are expected to go online by 2020.

Few seem to understand just how lucrative the digital economy is and will be in the future. But for anyone that has had the privilege of working in a cleanroom facility and spends every day donning the white overalls, covering their hair, foregoing perfume, make up and cigarettes, it is clear that this is where the future is created.

Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

Copa del Rey final

Sevilla v Barcelona, Saturday, 11.30pm (UAE), match on Bein Sports

Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
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6pm: Al Maktoum Challenge Round 2 Group 1 (PA) $55,000 (Dirt) 1,900m  

6.35pm: Oud Metha Stakes Rated Conditions (TB) $60,000 (D) 1,200m  

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The most expensive investment mistake you will ever make

When is the best time to start saving in a pension? The answer is simple – at the earliest possible moment. The first pound, euro, dollar or dirham you invest is the most valuable, as it has so much longer to grow in value. If you start in your twenties, it could be invested for 40 years or more, which means you have decades for compound interest to work its magic.

“You get growth upon growth upon growth, followed by more growth. The earlier you start the process, the more it will all roll up,” says Chris Davies, chartered financial planner at The Fry Group in Dubai.

This table shows how much you would have in your pension at age 65, depending on when you start and how much you pay in (it assumes your investments grow 7 per cent a year after charges and you have no other savings).

Age

$250 a month

$500 a month

$1,000 a month

25

$640,829

$1,281,657

$2,563,315

35

$303,219

$606,439

$1,212,877

45

$131,596

$263,191

$526,382

55

$44,351

$88,702

$177,403

 

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Winner George Villiers, Tadhg O’Shea, Satish Seemar.

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