Hamad Al-Rahoomi, an FNC member from Dubai, speaks during a question and answer session at the Cultural and Scientific Association in Dubai on Sunday.
Hamad Al-Rahoomi, an FNC member from Dubai, speaks during a question and answer session at the Cultural and Scientific Association in Dubai on Sunday.
Hamad Al-Rahoomi, an FNC member from Dubai, speaks during a question and answer session at the Cultural and Scientific Association in Dubai on Sunday.
Hamad Al-Rahoomi, an FNC member from Dubai, speaks during a question and answer session at the Cultural and Scientific Association in Dubai on Sunday.

Federal National Council to take up EU resolution on UAE human rights


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ABU DHABI // FNC members will today question the Minister of State for Foreign Affairs about a European Parliament resolution criticising the UAE's record on human rights.

Dr Abdulrahim Al Shahin, from Ras Al Khaimah, will ask Dr Anwar Gargash about the UAE's response to the resolution.

The council has condemned last month's resolution, which called on the Government to respect human rights, investigate alleged torture of prisoners, and immediately free prisoners of conscience and activists.

It followed the arrest in recent months of scores of people from the Muslim Brotherhood-linked group Al Islah.

The resolution drew immediate condemnation from the UAE, with Dr Gargash calling it "biased and prejudiced", and containing "unsubstantiated accusations".

The issue has angered many members. In the most recent session a member asked for a closed meeting with the Government on the issue.

Humaid Al Qattami, the Minister of Education and head of Emirates Transport Services, will also be questioned today on ministry plans to encourage Emiratis to work as bus drivers. Only 200 of the 8,000 drivers in the country are nationals.

"It would fix a lot of problems," said Musabah Al Ketbi (Sharjah). "It would be work placements for those not holding any qualifications, and they can get benefits and health insurance, and a good salary."

Mr Al Ketbi said there was no problem with Emiratis driving buses.

"Nationals do it in Bahrain, Oman, and Saudi Arabia," he said. "How long must we rely on expatriates?"

He said Emiratis would be the best to take care of "our sons and daughters", and would reduce cases of harassment and accidents.

Mr Al Qattami will be asked by Ahmed Al Shamsi (Ajman) about reinforcing national identity in private schools.

Sheikh Nahyan bin Mubarak, Minister of Higher Education and Scientific Research, was scheduled to be questioned on mixed-sex classes at the Higher Colleges of Technology, and about the requirement for those in Arab and Islamic Studies at UAE University to take English exams.

It is unclear if he will be at the session, which will start at 9am at FNC headquarters and be open to the public.

EXPATS
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Name: Brendalle Belaza

From: Crossing Rubber, Philippines

Arrived in the UAE: 2007

Favourite place in Abu Dhabi: NYUAD campus

Favourite photography style: Street photography

Favourite book: Harry Potter

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

'The Lost Daughter'

Director: Maggie Gyllenhaal

Starring: Olivia Colman, Jessie Buckley, Dakota Johnson

Rating: 4/5

NYBL PROFILE

Company name: Nybl 

Date started: November 2018

Founder: Noor Alnahhas, Michael LeTan, Hafsa Yazdni, Sufyaan Abdul Haseeb, Waleed Rifaat, Mohammed Shono

Based: Dubai, UAE

Sector: Software Technology / Artificial Intelligence

Initial investment: $500,000

Funding round: Series B (raising $5m)

Partners/Incubators: Dubai Future Accelerators Cohort 4, Dubai Future Accelerators Cohort 6, AI Venture Labs Cohort 1, Microsoft Scale-up 

The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

In numbers

1,000 tonnes of waste collected daily:

  • 800 tonnes converted into alternative fuel
  • 150 tonnes to landfill
  • 50 tonnes sold as scrap metal

800 tonnes of RDF replaces 500 tonnes of coal

Two conveyor lines treat more than 350,000 tonnes of waste per year

25 staff on site

 

Small Victories: The True Story of Faith No More by Adrian Harte
Jawbone Press

The alternatives

• Founded in 2014, Telr is a payment aggregator and gateway with an office in Silicon Oasis. It’s e-commerce entry plan costs Dh349 monthly (plus VAT). QR codes direct customers to an online payment page and merchants can generate payments through messaging apps.

• Business Bay’s Pallapay claims 40,000-plus active merchants who can invoice customers and receive payment by card. Fees range from 1.99 per cent plus Dh1 per transaction depending on payment method and location, such as online or via UAE mobile.

• Tap started in May 2013 in Kuwait, allowing Middle East businesses to bill, accept, receive and make payments online “easier, faster and smoother” via goSell and goCollect. It supports more than 10,000 merchants. Monthly fees range from US$65-100, plus card charges of 2.75-3.75 per cent and Dh1.2 per sale.

2checkout’s “all-in-one payment gateway and merchant account” accepts payments in 200-plus markets for 2.4-3.9 per cent, plus a Dh1.2-Dh1.8 currency conversion charge. The US provider processes online shop and mobile transactions and has 17,000-plus active digital commerce users.

• PayPal is probably the best-known online goods payment method - usually used for eBay purchases -  but can be used to receive funds, providing everyone’s signed up. Costs from 2.9 per cent plus Dh1.2 per transaction.

Difference between fractional ownership and timeshare

Although similar in its appearance, the concept of a fractional title deed is unlike that of a timeshare, which usually involves multiple investors buying “time” in a property whereby the owner has the right to occupation for a specified period of time in any year, as opposed to the actual real estate, said John Peacock, Head of Indirect Tax and Conveyancing, BSA Ahmad Bin Hezeem & Associates, a law firm.

COMPANY PROFILE

Name: Qyubic
Started: October 2023
Founder: Namrata Raina
Based: Dubai
Sector: E-commerce
Current number of staff: 10
Investment stage: Pre-seed
Initial investment: Undisclosed 

Globalization and its Discontents Revisited
Joseph E. Stiglitz
W. W. Norton & Company