Bales of aluminum are collected to be recycled at Bee’ah’s waste recovery facility at the Sharjah Landfill Company. It is estimated that between 1.8kg and 2.4kg of rubbish is produced per person per day in the UAE. Jeff Topping / The National
Bales of aluminum are collected to be recycled at Bee’ah’s waste recovery facility at the Sharjah Landfill Company. It is estimated that between 1.8kg and 2.4kg of rubbish is produced per person per dShow more

UAE working hard to reduce waste



Waste management is one of the most important environmental issues facing the Government.

The UAE is working hard to reduce its rate of waste per capita, which is one of the highest in the world.

Studies in 2010 by the Centre of Waste Management Abu Dhabi estimated that the emirate produces between 1.8 kilograms and 2.4kg per person per day - almost double the level of the United Kingdom.

Experts believe the figures are representative of the whole country.

Recycling schemes play a major role in efforts to tackle the issue. In Sharjah, the municipal company Bee'ah recycles about 52 per cent of the emirate's waste, according to Najib Faris, chief commercial officer at the company.

Sharjah produces 1.8 million tonnes of waste annually, he said.

"The idea of proper waste management is very new in the Gulf," he said, but the concept is gaining popularity, particularly in the UAE.

Mr Faris said that when he joined the company four years ago, Sharjah's residents struggled with the concept of segregating waste, but now "awareness is growing and the market is developing".

Bee'ah sent its staff in 2011 to households to explain how recycling bins should be used. It has since made bins available to most offices and villas and even to many high-rise residential buildings.

This has helped Sharjah residents embrace the need to recycle.

"Today we have about 70 to 75 per cent accuracy in recycling in pedestrian bins and that is impressive," Mr Faris said. "People have started realising that it is easy to recycle."

Bee'ah is hoping to recycle 67 per cent of its waste by 2015. After that, Sharjah will have a waste-to-energy plant where rubbish that cannot be recycled will be burned.

Recycling schemes are also being implemented in some neighbourhoods of Abu Dhabi, although the emirate is still unable to reprocess some of the materials collected.

In March 2011, the Centre of Waste Management Abu Dhabi launched Nadafa, a waste-reduction scheme targeting commercial establishments.

The initiative requires companies to report their waste production and those producing the most are required to implement reduction and recycling schemes.

Companies are also charged an annual fee of Dh225 per tonne of waste, with a cap of Dh50,000 a year.

In Dubai, many malls, hotels and private residential compounds have recognised that recycling schemes can generate income and boost their image, said Huzaifa Rangwala, marketing and contracts manager at Union Paper Mills.

Dubai Municipality introduced regulations requiring shopping malls to run recycling schemes from February this year.

But, Mr Rangwala said, more steps needed to be taken across the country to support recycling.

"The future of the industry is not bad but it depends on steps taken by the Government to encourage local recyclers," he said.

One issue is competition from overseas processing plants, usually in China and India, for used paper and plastics.

Better implementation of the existing rules, higher fees to dump waste at landfills and a tax on exporting segregated recycled materials will give local recyclers a much-needed boost, Mr Rangwala said.

Barings Bank

Barings, one of Britain’s oldest investment banks, was
founded in 1762 and operated for 233 years before it went bust after a trading
scandal.

Barings Bank collapsed in February 1995 following colossal
losses caused by rogue trader Nick Lesson.

Leeson gambled more than $1 billion in speculative trades,
wiping out the venerable merchant bank’s cash reserves.

Email sent to Uber team from chief executive Dara Khosrowshahi

From: Dara

To: Team@

Date: March 25, 2019 at 11:45pm PT

Subj: Accelerating in the Middle East

Five years ago, Uber launched in the Middle East. It was the start of an incredible journey, with millions of riders and drivers finding new ways to move and work in a dynamic region that’s become so important to Uber. Now Pakistan is one of our fastest-growing markets in the world, women are driving with Uber across Saudi Arabia, and we chose Cairo to launch our first Uber Bus product late last year.

Today we are taking the next step in this journey—well, it’s more like a leap, and a big one: in a few minutes, we’ll announce that we’ve agreed to acquire Careem. Importantly, we intend to operate Careem independently, under the leadership of co-founder and current CEO Mudassir Sheikha. I’ve gotten to know both co-founders, Mudassir and Magnus Olsson, and what they have built is truly extraordinary. They are first-class entrepreneurs who share our platform vision and, like us, have launched a wide range of products—from digital payments to food delivery—to serve consumers.

I expect many of you will ask how we arrived at this structure, meaning allowing Careem to maintain an independent brand and operate separately. After careful consideration, we decided that this framework has the advantage of letting us build new products and try new ideas across not one, but two, strong brands, with strong operators within each. Over time, by integrating parts of our networks, we can operate more efficiently, achieve even lower wait times, expand new products like high-capacity vehicles and payments, and quicken the already remarkable pace of innovation in the region.

This acquisition is subject to regulatory approval in various countries, which we don’t expect before Q1 2020. Until then, nothing changes. And since both companies will continue to largely operate separately after the acquisition, very little will change in either teams’ day-to-day operations post-close. Today’s news is a testament to the incredible business our team has worked so hard to build.

It’s a great day for the Middle East, for the region’s thriving tech sector, for Careem, and for Uber.

Uber on,

Dara

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

Panipat

Director Ashutosh Gowariker

Produced Ashutosh Gowariker, Rohit Shelatkar, Reliance Entertainment

Cast Arjun Kapoor, Sanjay Dutt, Kriti Sanon, Mohnish Behl, Padmini Kolhapure, Zeenat Aman

Rating 3 /stars

The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat