Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, meets Chen Miner, a member of the Chinese Communist Party Politburo and Party Secretary of Tianjin. Photo: Dubai Media Office
Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, meets Chen Miner, a member of the Chinese Communist Party Politburo and Party Secretary of Tianjin. Photo: Dubai Media Office
Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, meets Chen Miner, a member of the Chinese Communist Party Politburo and Party Secretary of Tianjin. Photo: Dubai Media Office
Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, meets Chen Miner, a member of the Chinese Communist Party Politburo and Party Secretary of Tianjin. Photo: Dubai Media Office

Sheikh Mohammed bin Rashid discusses trade opportunities with senior Chinese official


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Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, met a senior member of the Chinese Communist Party on Tuesday.

The meeting, which explored ways to enhance co-operation between the two nations, was hosted by Sheikh Mohammed and attended by Chen Min'er, a member of the Chinese Politburo and Party Secretary of Tianjin.

Sheikh Mohammed highlighted the continuous growth of UAE-China relations under the leadership of President Sheikh Mohamed and Chinese President Xi Jinping, the Dubai Media Office reported.

The meeting also focused on efforts to enhance bilateral co-operation, with the consolidation of trade a prominent area of discussion, as China is currently the UAE’s top global trading partner.

Sheikh Mohammed discussed opportunities emerging from China’s Belt and Road Initiative. He emphasised that the UAE plays a vital strategic role in the region, while the two men also touched on how to expand co-operation in investment, industry, technology and clean energy.

The need to intensify peacekeeping efforts around the world, and particularly in the Middle East, was also discussed.

Sheikh Mansour holds talks

Sheikh Mansour bin Zayed, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, also held high-level talks with Mr Chen on Tuesday.

Sheikh Mansour conveyed the greetings of President Sheikh Mohamed to China's President Xi Jinping during the meeting, held at Qasr Al Watan in Abu Dhabi. Mr Chen returned the gesture on behalf of Mr Xi.

The two men discussed areas of co-operation between the allies across all sectors, particularly in trade, investment and development.

Sheikh Mansour bin Zayed, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, meets Chen Miner in Abu Dhabi. Photo: UAE Presidential Court
Sheikh Mansour bin Zayed, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, meets Chen Miner in Abu Dhabi. Photo: UAE Presidential Court

Formal ties between the UAE and China were established in 1984. This was followed six years later by a historic visit by UAE Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan.

President Sheikh Mohamed this year met Mr Xi in Beijing to discuss bilateral relations and opportunities to expand the Comprehensive Strategic Partnership already agreed on between the nations.

Sheikh Mohamed undertook a two-day state visit to China to acknowledge the 40th anniversary of the establishment of diplomatic relations between the countries. The visit was seen as an opportunity to celebrate the progress made over the past four decades, specifically in economic, cultural and international collaboration.

How to apply for a drone permit
  • Individuals must register on UAE Drone app or website using their UAE Pass
  • Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
  • Upload the training certificate from a centre accredited by the GCAA
  • Submit their request
What are the regulations?
  • Fly it within visual line of sight
  • Never over populated areas
  • Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
  • Users must avoid flying over restricted areas listed on the UAE Drone app
  • Only fly the drone during the day, and never at night
  • Should have a live feed of the drone flight
  • Drones must weigh 5 kg or less
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COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
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What are NFTs?

Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.

You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”

However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.

This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”

This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.

South Africa's T20 squad

Duminy (c), Behardien, Dala, De Villiers, Hendricks, Jonker, Klaasen (wkt), Miller, Morris, Paterson, Phangiso, Phehlukwayo, Shamsi, Smuts.

UAE currency: the story behind the money in your pockets
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Seemar’s top six for the Dubai World Cup Carnival:

1. Reynaldothewizard
2. North America
3. Raven’s Corner
4. Hawkesbury
5. New Maharajah
6. Secret Ambition

Emergency phone numbers in the UAE

Estijaba – 8001717 –  number to call to request coronavirus testing

Ministry of Health and Prevention – 80011111

Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre

Emirates airline – 600555555

Etihad Airways – 600555666

Ambulance – 998

Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries

MATCH INFO

What: 2006 World Cup quarter-final
When: July 1
Where: Gelsenkirchen Stadium, Gelsenkirchen, Germany

Result:
England 0 Portugal 0
(Portugal win 3-1 on penalties)

Gender equality in the workplace still 200 years away

It will take centuries to achieve gender parity in workplaces around the globe, according to a December report from the World Economic Forum.

The WEF study said there had been some improvements in wage equality in 2018 compared to 2017, when the global gender gap widened for the first time in a decade.

But it warned that these were offset by declining representation of women in politics, coupled with greater inequality in their access to health and education.

At current rates, the global gender gap across a range of areas will not close for another 108 years, while it is expected to take 202 years to close the workplace gap, WEF found.

The Geneva-based organisation's annual report tracked disparities between the sexes in 149 countries across four areas: education, health, economic opportunity and political empowerment.

After years of advances in education, health and political representation, women registered setbacks in all three areas this year, WEF said.

Only in the area of economic opportunity did the gender gap narrow somewhat, although there is not much to celebrate, with the global wage gap narrowing to nearly 51 per cent.

And the number of women in leadership roles has risen to 34 per cent globally, WEF said.

At the same time, the report showed there are now proportionately fewer women than men participating in the workforce, suggesting that automation is having a disproportionate impact on jobs traditionally performed by women.

And women are significantly under-represented in growing areas of employment that require science, technology, engineering and mathematics skills, WEF said.

* Agence France Presse

The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
  • Torque: 760nm
  • On sale: 2026
  • Price: Not announced yet
F1 The Movie

Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem

Director: Joseph Kosinski

Rating: 4/5

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Updated: September 03, 2024, 4:33 PM