The Mother of the Nation sent meals for healthcare workers in several hospitals in Abu Dhabi and congratulated them on the occasion of Eid al Fitr. Wam
The Mother of the Nation sent meals for healthcare workers in several hospitals in Abu Dhabi and congratulated them on the occasion of Eid al Fitr. Wam
The Mother of the Nation sent meals for healthcare workers in several hospitals in Abu Dhabi and congratulated them on the occasion of Eid al Fitr. Wam
The Mother of the Nation sent meals for healthcare workers in several hospitals in Abu Dhabi and congratulated them on the occasion of Eid al Fitr. Wam

Coronavirus: Sheikha Fatima thanks medics by sending them breakfast on first day of Eid


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Medics in the capital were treated to a free breakfast on the first day of Eid in a gesture of gratitude from Sheikha Fatima bint Mubarak.

The Mother of the Nation sent meals for healthcare workers in several hospitals in Abu Dhabi and congratulated them on the occasion of Eid al Fitr.

"Medical teams have proven that they are our first line of defence against the pandemic, and they have shown the values of sacrifice and giving away from their families and loved ones, to protect our own loved ones and families,” said Sheikha Fatima, who is the chairwoman of the General Women's Union and president of the Supreme Council for Motherhood and Childhood.

She said healthcare workers deserve appreciation and recognition for their sacrifices in the fight against the pandemic.

The Mother of the Nation thanked doctors, nurses, paramedics and others working to fight the outbreak. Wam
The Mother of the Nation thanked doctors, nurses, paramedics and others working to fight the outbreak. Wam

“We thank the Mother of the UAE for supporting medical teams in the field from all health establishments in the emirate. She has always supported everyone who has contributed to the advancement of our country. I am pleased to thank and appreciate all workers in this sector, for their significant efforts under the current conditions,” said Sheikh Abdullah bin Mohammed Al Hamed, chairman of the Department of Health-Abu Dhabi.

In March, Sheikha Fatima sent medics personal protective equipment made by Emirati volunteers.

The donation was part of the Their Protection is Our Responsibility scheme, which was rolled out by the General Women's Union (GWU), Family Development Foundation and the Zayed Giving Initiative.

The programme also included educating professionals on how they can help protect themselves against the infection.

The struggle is on for active managers

David Einhorn closed out 2018 with his biggest annual loss ever for the 22-year-old Greenlight Capital.

The firm’s main hedge fund fell 9 per cent in December, extending this year’s decline to 34 percent, according to an investor update viewed by Bloomberg.

Greenlight posted some of the industry’s best returns in its early years, but has stumbled since losing more than 20 per cent in 2015.

Other value-investing managers have also struggled, as a decade of historically low interest rates and the rise of passive investing and quant trading pushed growth stocks past their inexpensive brethren. Three Bays Capital and SPO Partners & Co., which sought to make wagers on undervalued stocks, closed in 2018. Mr Einhorn has repeatedly expressed his frustration with the poor performance this year, while remaining steadfast in his commitment to value investing.

Greenlight, which posted gains only in May and October, underperformed both the broader market and its peers in 2018. The S&P 500 Index dropped 4.4 per cent, including dividends, while the HFRX Global Hedge Fund Index, an early indicator of industry performance, fell 7 per cent through December. 28.

At the start of the year, Greenlight managed $6.3 billion in assets, according to a regulatory filing. By May, the firm was down to $5.5bn. 

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

TEACHERS' PAY - WHAT YOU NEED TO KNOW

Pay varies significantly depending on the school, its rating and the curriculum. Here's a rough guide as of January 2021:

- top end schools tend to pay Dh16,000-17,000 a month - plus a monthly housing allowance of up to Dh6,000. These tend to be British curriculum schools rated 'outstanding' or 'very good', followed by American schools

- average salary across curriculums and skill levels is about Dh10,000, recruiters say

- it is becoming more common for schools to provide accommodation, sometimes in an apartment block with other teachers, rather than hand teachers a cash housing allowance

- some strong performing schools have cut back on salaries since the pandemic began, sometimes offering Dh16,000 including the housing allowance, which reflects the slump in rental costs, and sheer demand for jobs

- maths and science teachers are most in demand and some schools will pay up to Dh3,000 more than other teachers in recognition of their technical skills

- at the other end of the market, teachers in some Indian schools, where fees are lower and competition among applicants is intense, can be paid as low as Dh3,000 per month

- in Indian schools, it has also become common for teachers to share residential accommodation, living in a block with colleagues

Zombieland: Double Tap

Director: Ruben Fleischer

Stars: Woody Harrelson, Jesse Eisenberg, Emma Stone

Four out of five stars 

THE SPECS

Engine: Four-cylinder 2.5-litre

Transmission: Seven-speed auto

Power: 165hp

Torque: 241Nm

Price: Dh99,900 to Dh134,000

On sale: now

UAE currency: the story behind the money in your pockets