Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, has attended an iftar hosted by King Mohammed VI of Morocco.
They exchanged Ramadan greetings and discussed the warm ties between the UAE and Morocco, state news agency Wam reported on Saturday.
Sheikh Mohamed and the Moroccan king also wished for the continued progress, development and prosperity of their two countries.
Ramadan 2022 in the region — in pictures
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Omanis gather as goats are sold ahead of the Eid Al Fitr holiday, in the Surur area of Samail province, 80 kilometres south-west of the capital Muscat. AFP -

Iraqi Sunni Muslims gather for the Laylat Al Qadr – Night of Power – in the shrine of cleric Sheikh Abdel Kader Al Gilani, in central Baghdad. EPA -

Palestinians pray on Laylat Al Qadr beside the Dome of the Rock shrine, at the Al Aqsa Mosque compound, in Jerusalem's Old City. Reuters -

A man stares at the dome of a mosque, in Syria's northern city of Raqa. AFP -

A volunteer from the charity Violet Org hands out food packages for the suhour meal eaten in Syria's rebel-held northwestern city of Idlib. AFP -

Residents of Ezbet Hamada gather to eat during iftar in Mataria, Cairo. Reuters -
Ramadan decorations at Global Village, Dubai. Chris Whiteoak / The National -

Syrians break their fast during a gathering organised by various groups in Tadef, near the city of Al Bab, in Aleppo province. AFP -

Street traders cut up dessert pastries for sale at a market in Libya's eastern city of Benghazi. AFP -

People breaking their fast at Quba Mosque, Madinah, Saudi Arabia. SPA -

Fasting Muslim worshippers queue to receive iftar meals, donated by a charity, in Mahboula, south of Kuwait City. AFP -

Yemenis read the Quran during Ramadan at a mosque in the old city of Sanaa, Yemen. EPA -

People queue outside Al Farooq Mosque in Dubai before sunset, waiting to break their fast. EPA -

Shoppers at a market after their iftar meal, in the New Aleppo district of the northern Syrian city of Aleppo. AFP -

An Egyptian dancer performs the traditional tanoura dance at a restaurant in the Omani capital Muscat. AFP -

A famous Ramadan lantern inscribed with holy month greetings at Al Hamidiya market in Syria's capital Damascus. AFP -

Volunteers stir a pot of rice for a charity iftar at the eighth century Umayyad Mosque in Syria's capital Damascus. AFP -

Omanis gather to break their fast on the beach in Muscat. AFP -

Cooks employed by the Islamic Charitable Society prepare iftar meals for Palestinian orphans and families in need, in the West Bank city of Hebron. AFP -

Iftar is served outside a mosque on the Jazeera State highway in the village of Al Nuba, about 50 kilometres south of Sudan's capital Khartoum. AFP -

A worshipper reads the Quran inside a mosque in Syria's northern city of Raqqa. AFP -

The first Friday prayers of Ramadan at the shrine of Sheikh Abdul Qadir Al Kilani, the former Sunni Muslim preacher, in central Baghdad. AFP -

Worshippers attend the first Friday prayer of Ramadan at Hagia Sophia Grand Mosque in Istanbul, Turkey. Reuters -

Palestinians cross the Qalandia checkpoint in the occupied West Bank on their way to the first Friday prayers of Ramadan at Jerusalem's Al Aqsa Mosque. Reuters -

An Egyptian baker prepares kunafa, a Ramadan dessert favourite, at a market in Cairo. EPA -

Dawn awakeners known as musaharatis beat drums to wake Muslims for the suhour meal before the day's Ramadan fast in Damascus, Syria. AFP -

Moroccan King Mohammed VI, centre, and Spanish Prime Minister Pedro Sanchez, second left, share an iftar meal in Sale, Morocco. AP -
Iranian women read the Quran at the shrine of Shah Abdol-Azim in Tehran. Reuters -
A Ramadan catch-up at a cafe in Mosul, Iraq. Reuters -

Prayer beads are in great demand during Ramadan in Sanaa, Yemen. EPA -

A musaharati drummer wakes people for suhour in Manama, Bahrain. Reuters -

The old city in Tripoli in Libya is decked with Ramadan decorations. Reuters -

Food packets arranged for distribution in Al Najieh, in Syria's rebel-held Idlib province. AFP -

Worshippers gather at Al Sahlah Mosque in Kufa, near the city of Najaf, Iraq. Reuters -

Iftar at the Prince Mansour Assaf Mosque in central Beirut, Lebanon. EPA -

An elderly Palestinian reads the Quran at his shop in the old city of Hebron in the occupied West Bank. AFP -

Displaced Syrian children return to their camps with boxes of food on the outskirts of the rebel-held town of Dana, in Idlib province. AFP -

Ramadan lanterns at a shop in Beirut. AP -

A Palestinian man carries a tray of qatayef, traditional Arabic dumplings, in Rafah, southern Gaza. AFP -

A cannon is fired at Sheikh Zayed Grand Mosque in Abu Dhabi to mark the end of fasting on the first day of Ramadan. Victor Besa / The National
10 tips for entry-level job seekers
- Have an up-to-date, professional LinkedIn profile. If you don’t have a LinkedIn account, set one up today. Avoid poor-quality profile pictures with distracting backgrounds. Include a professional summary and begin to grow your network.
- Keep track of the job trends in your sector through the news. Apply for job alerts at your dream organisations and the types of jobs you want – LinkedIn uses AI to share similar relevant jobs based on your selections.
- Double check that you’ve highlighted relevant skills on your resume and LinkedIn profile.
- For most entry-level jobs, your resume will first be filtered by an applicant tracking system for keywords. Look closely at the description of the job you are applying for and mirror the language as much as possible (while being honest and accurate about your skills and experience).
- Keep your CV professional and in a simple format – make sure you tailor your cover letter and application to the company and role.
- Go online and look for details on job specifications for your target position. Make a list of skills required and set yourself some learning goals to tick off all the necessary skills one by one.
- Don’t be afraid to reach outside your immediate friends and family to other acquaintances and let them know you are looking for new opportunities.
- Make sure you’ve set your LinkedIn profile to signal that you are “open to opportunities”. Also be sure to use LinkedIn to search for people who are still actively hiring by searching for those that have the headline “I’m hiring” or “We’re hiring” in their profile.
- Prepare for online interviews using mock interview tools. Even before landing interviews, it can be useful to start practising.
- Be professional and patient. Always be professional with whoever you are interacting with throughout your search process, this will be remembered. You need to be patient, dedicated and not give up on your search. Candidates need to make sure they are following up appropriately for roles they have applied.
Arda Atalay, head of Mena private sector at LinkedIn Talent Solutions, Rudy Bier, managing partner of Kinetic Business Solutions and Ben Kinerman Daltrey, co-founder of KinFitz
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Tamkeen's offering
- Option 1: 70% in year 1, 50% in year 2, 30% in year 3
- Option 2: 50% across three years
- Option 3: 30% across five years
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While you're here
School uniforms report
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
On Women's Day
Dr Nawal Al-Hosany: Why more women should be on the frontlines of climate action
Shelina Janmohamed: Why shouldn't a spouse be compensated fairly for housework?
Justin Thomas: Challenge the notion that 'men are from Mars, women are from Venus'
The National Editorial: Is there much to celebrate on International Women's Day 2021?
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Richard Heydarian: Decoding Asean's deliberate silence over the Myanmar coup
Kareem Shaheen: Our Myanmar reactions shaped by simplistic narratives
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more from Janine di Giovanni
What the law says
Micro-retirement is not a recognised concept or employment status under Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations (as amended) (UAE Labour Law). As such, it reflects a voluntary work-life balance practice, rather than a recognised legal employment category, according to Dilini Loku, senior associate for law firm Gateley Middle East.
“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.
“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”
If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.
Whiile you're here
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Editorial: What makes the UAE such a good place to test vaccines?
Editorial: The fight against Covid-19 should be guided by science
COMPANY%20PROFILE
The specs: McLaren 600LT
Price, base: Dh914,000
Engine: 3.8-litre twin-turbo V8
Transmission: Seven-speed automatic
Power: 600hp @ 7,500rpm
Torque: 620Nm @ 5,500rpm
Fuel economy 12.2.L / 100km
THE BIO:
Favourite holiday destination: Thailand. I go every year and I’m obsessed with the fitness camps there.
Favourite book: Born to Run by Christopher McDougall. It’s an amazing story about barefoot running.
Favourite film: A League of their Own. I used to love watching it in my granny’s house when I was seven.
Personal motto: Believe it and you can achieve it.
The Disaster Artist
Director: James Franco
Starring: James Franco, Dave Franco, Seth Rogan
Four stars
