DUBAI // The distribution of food to the poor or to those who struggle to buy enough food is nothing new for the UAE.
But the launch of UAE Food Bank takes current initiatives a step further, as it wants to achieve zero food waste.
In some countries, food banks comprise of warehouses in which food is stored. Food is collected and checked for quality, after which it is distributed to non-profit organisations, including soup kitchens, homeless shelters and orphanages. Other countries give the food directly to those in need.
Dubai Municipality will provide operational support by implementing the process of food collection, packaging, storage and distribution.
The fridges and food bank locations will be stationed in various areas around the country and will be close to the places of distribution, especially near those in need and blue-collar workers, most of whom send their money back home. The aim is to provide them with food in locations that are easily accessible to them.
dmoukhallati@thenational.ae
The specs
Engine: 3.0 twin-turbo inline six-cylinder
Transmission: eight-speed
Power: 503hp
Torque: 600Nm
Price: from Dh450,000
On sale: now
The specs: 2018 Ducati SuperSport S
Price, base / as tested: Dh74,900 / Dh85,900
Engine: 937cc
Transmission: Six-speed gearbox
Power: 110hp @ 9,000rpm
Torque: 93Nm @ 6,500rpm
Fuel economy, combined: 5.9L / 100km
Key developments in maritime dispute
2000: Israel withdraws from Lebanon after nearly 30 years without an officially demarcated border. The UN establishes the Blue Line to act as the frontier.
2007: Lebanon and Cyprus define their respective exclusive economic zones to facilitate oil and gas exploration. Israel uses this to define its EEZ with Cyprus
2011: Lebanon disputes Israeli-proposed line and submits documents to UN showing different EEZ. Cyprus offers to mediate without much progress.
2018: Lebanon signs first offshore oil and gas licencing deal with consortium of France’s Total, Italy’s Eni and Russia’s Novatek.
2018-2019: US seeks to mediate between Israel and Lebanon to prevent clashes over oil and gas resources.
A Long Way Home by Peter Carey
Faber & Faber
SPECS: Polestar 3
Engine: Long-range dual motor with 400V battery
Power: 360kW / 483bhp
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Top speed: 210kph
Price: From Dh360,000
On sale: September
Generational responses to the pandemic
Devesh Mamtani from Century Financial believes the cash-hoarding tendency of each generation is influenced by what stage of the employment cycle they are in. He offers the following insights:
Baby boomers (those born before 1964): Owing to market uncertainty and the need to survive amid competition, many in this generation are looking for options to hoard more cash and increase their overall savings/investments towards risk-free assets.
Generation X (born between 1965 and 1980): Gen X is currently in its prime working years. With their personal and family finances taking a hit, Generation X is looking at multiple options, including taking out short-term loan facilities with competitive interest rates instead of dipping into their savings account.
Millennials (born between 1981 and 1996): This market situation is giving them a valuable lesson about investing early. Many millennials who had previously not saved or invested are looking to start doing so now.