Privacy Policy

Last updated: August 25, 2022

This Privacy Policy describes our policies and procedures on the collection, use and disclosure of your information when you use the Service and tells you about your privacy rights and how the law protects you.

We use your Personal data to provide and improve the Service. By using the Service, You agree to the collection and use of information in accordance with this Privacy Policy.

Interpretation and Definitions

Interpretation

The words of which the initial letter is capitalized have meanings defined under the following conditions. The following definitions shall have the same meaning regardless of whether they appear in singular or in plural.

Definitions

For the purposes of this Privacy Policy:

Account means a unique account created for you to access our Service or parts of our Service.

Company (referred to as either “the Company”, “We”, “Us” or “Our” in this Agreement) refers to Universal Consultants DMCC, Dubai, UAE.

Cookies are small files that are placed on your computer, mobile device or any other device by a website, containing the details of your browsing history on that website among its many uses.

Country refers to: United Arab Emirates

Device means any device that can access the Service such as a computer, a cellphone or a digital tablet.

Personal Data is any information that relates to an identified or identifiable individual.

Service refers to the Website.

Service Provider means any natural or legal person who processes the data on behalf of the Company. It refers to third-party companies or individuals employed by the Company to facilitate the Service, to provide the Service on behalf of the Company, to perform services related to the Service or to assist the Company in analyzing how the Service is used.

Usage Data refers to data collected automatically, either generated by the use of the Service or from the Service infrastructure itself (for example, the duration of a page visit).

Website refers to uaecompanysetup, accessible from www.uaecompanysetup.com

You means the individual accessing or using the Service, or the company, or other legal entity on behalf of which such individual is accessing or using the Service, as applicable.

Collecting and Using Your Personal Data

Types of Data Collected

Personal Data

While using Our Service, We may ask you to provide us with certain personally identifiable information that can be used to contact or identify you. Personally identifiable information may include, but is not limited to:

Email address

First name and last name

Phone number

Usage Data

Usage Data

Usage Data is collected automatically when using the Service.

Usage Data may include information such as your device’s Internet Protocol address (e.g. IP address), browser type, browser version, the pages of our Service that you visit, the time and date of your visit, the time spent on those pages, unique device identifiers and other diagnostic data.

When you access the Service by or through a mobile device, We may collect certain information automatically, including, but not limited to, the type of mobile device you use, your mobile device unique ID, the IP address of your mobile device, your mobile operating system, the type of mobile Internet browser you use, unique device identifiers and other diagnostic data.

We may also collect information that your browser sends whenever you visit our Service or when you access the Service by or through a mobile device.

Tracking Technologies and Cookies

We use Cookies and similar tracking technologies to track the activity on our service and store certain information. Tracking technologies used are beacons, tags, and scripts to collect and track information and to improve and analyze our service. The technologies we use may include:

·         Cookies or Browser Cookies. A cookie is a small file placed on your Device. You can instruct your browser to refuse all cookies or to indicate when a cookie is being sent. However, if you do not accept Cookies, you may not be able to use some parts of our service. Unless you have adjusted your browser setting so that it will refuse cookies, our service may use cookies.

.         Flash Cookies. Certain features of our service may use local stored objects (or Flash Cookies) to collect and store information about your preferences or your activity on our service. Flash Cookies are not managed by the same browser settings as those used for Browser Cookies objects.

·         Web Beacons. Certain sections of our service and our emails may contain small electronic files known as web beacons (also referred to as clear gifs, pixel tags, and single-pixel gifs) that permit the Company, for example, to count users who have visited those pages or opened an email and for other related website statistics (for example, recording the popularity of a certain section and verifying system and server integrity).

Cookies can be “Persistent” or “Session” Cookies. Persistent Cookies remain on your personal computer or mobile device when you go offline, while Session Cookies are deleted as soon as you close your web browser. We use both Session and Persistent Cookies for the purposes set out below:

Necessary / Essential Cookies

Type: Session Cookies

Administered by: Us

Purpose: These Cookies are essential to provide you with services available through the Website and to enable you to use some of its features. They help to authenticate users and prevent fraudulent use of user accounts. Without these cookies, the services that you have asked for cannot be provided, and We only use these cookies to provide you with those services.

Cookies Policy / Notice Acceptance Cookies

Type: Persistent Cookies

Administered by: Us

Purpose: These cookies identify if users have accepted the use of cookies on the Website.

Functionality Cookies

Type: Persistent Cookies

Administered by: Us

Purpose: These Cookies allow us to remember choices you make when you use the Website, such as remembering your login details or language preference. The purpose of these Cookies is to provide you with a more personal experience and to avoid you having to re-enter your preferences every time you use the Website.

For more information about the cookies we use and your choices regarding cookies, please visit our cookies policy or the cookies section of our Privacy Policy.

Use of Your Personal Data

The Company may use Personal Data for the following purposes:

To provide and maintain our Service, including to monitor the usage of our Service.

To manage your Account: to manage your registration as a user of the Service. The Personal Data you provide can give you access to different functionalities of the service that are available to you as a registered user.

For the performance of a contract: the development, compliance and undertaking of the purchase contract for the products, items or services you have purchased or of any other contract with us through the Service.

To contact You: To contact you by email, telephone calls, SMS, or other equivalent forms of electronic communication, such as a mobile application’s push notifications regarding updates or informative communications related to the functionalities, products or contracted services, including the security updates, when necessary or reasonable for their implementation.

To provide you with news, special offers and general information about other goods, services and events which we offer that are similar to those that you have already purchased or enquired about unless you have opted not to receive such information.

To manage your requests: To attend and manage your requests to us.

For business transfers: We may use your information to evaluate or conduct a merger, divestiture, restructuring, reorganization, dissolution, or other sale or transfer of some or all of Our assets, whether as a going concern or as part of bankruptcy, liquidation, or similar proceeding, in which Personal Data held by Us about our Service users is among the assets transferred.

For other purposes: We may use your information for other purposes, such as data analysis, identifying usage trends, determining the effectiveness of our promotional campaigns and to evaluate and improve our service, products, marketing and your experience.

We may share your personal information in the following situations:

·         With Service Providers: We may share your personal information with Service Providers to monitor and analyze the use of our service, to contact you.

·         For business transfers: We may share or transfer your personal information in connection with, or during negotiations of, any merger, sale of Company assets, financing, or acquisition of all or a portion of our business to another company.

·         With Affiliates: We may share your information with our affiliates, in which case we will require those affiliates to honor this Privacy Policy. Affiliates include our parent company and any other subsidiaries, joint venture partners or other companies that we control or that are under common control with us.

·         With business partners: We may share your information with Our business partners to offer You certain products, services or promotions.

·         With other users: when you share personal information or otherwise interact in the public areas with other users, such information may be viewed by all users and may be publicly distributed outside.

·         With Your consent: We may disclose your personal information for any other purpose with your consent.

Retention of Your Personal Data

The Company will retain your Personal Data only for as long as is necessary for the purposes set out in this Privacy Policy. We will retain and use your Personal Data to the extent necessary to comply with our legal obligations (for example, if we are required to retain your data to comply with applicable laws), resolve disputes, and enforce our legal agreements and policies.

The Company will also retain usage data for internal analysis purposes. Usage Data is generally retained for a shorter period of time, except when this data is used to strengthen the security or to improve the functionality of our service, or we are legally obligated to retain this data for longer time periods.

Transfer of Your Personal Data

Your information, including Personal Data, is processed at the Company’s operating offices and in any other places where the parties involved in the processing are located. It means that this information may be transferred to — and maintained on — computers located outside of your state, province, country or other governmental jurisdiction where the data protection laws may differ than those from Your jurisdiction.

Your consent to this Privacy Policy followed by your submission of such information represents your agreement to that transfer.

The Company will take all steps reasonably necessary to ensure that your data is treated securely and in accordance with this Privacy Policy and no transfer of your Personal Data will take place to an organization or a country unless there are adequate controls in place including the security of your data and other personal information.

Disclosure of Your Personal Data

Business Transactions

If the Company is involved in a merger, acquisition or asset sale, your Personal Data may be transferred. We will provide notice before your Personal Data is transferred and becomes subject to a different Privacy Policy.

Law enforcement

Under certain circumstances, the Company may be required to disclose Your Personal Data if required to do so by law or in response to valid requests by public authorities (e.g. a court or a government agency).

Other legal requirements

The Company may disclose Your Personal Data in the good faith belief that such action is necessary to:

·         Comply with a legal obligation

·         Protect and defend the rights or property of the Company

·         Prevent or investigate possible wrongdoing in connection with the Service

·         Protect the personal safety of Users of the Service or the public

·         Protect against legal liability

Security of Your Personal Data

The security of your Personal Data is important to us, but remember that no method of transmission over the Internet, or method of electronic storage is 100% secure. While we strive to use commercially acceptable means to protect your Personal Data, We cannot guarantee its absolute security.

Children’s Privacy

Our Service does not address anyone under the age of 13. We do not knowingly collect personally identifiable information from anyone under the age of 13. If you are a parent or guardian and you are aware that your child has provided us with Personal Data, please contact us. If we become aware that we have collected Personal Data from anyone under the age of 13 without verification of parental consent, we take steps to remove that information from our servers.

If we need to rely on consent as a legal basis for processing your information and your country requires consent from a parent, we may require your parent’s consent before we collect and use that information.

Links to Other Websites

Our Service may contain links to other websites that are not operated by us. If you click on a third party link, you will be directed to that third party’s site. We strongly advise you to review the Privacy Policy of every site you visit.

We have no control over and assume no responsibility for the content, privacy policies or practices of any third party sites or services.

Changes to this Privacy Policy

We may update Our Privacy Policy from time to time. We will notify you of any changes by posting the new Privacy Policy on this page.

We will let you know via email and/or a prominent notice on Our Service, prior to the change becoming effective and update the “Last updated” date at the top of this Privacy Policy.

Netherlands to participate in Dubai Expo 2020

The Netherlands, one of the world’s most innovative economies, will take part in Expo 2020 Dubai, it was announced today.

The Netherlands confirmed its official participation in a letter from Prime Minister Mark Rutte to Sheikh Mohammed.

The Dutch were last year ranked ninth on the Global Innovation Index, which lists world economies based on their capability for innovation and results.

The UAE has set an objective of joining the Netherlands in the top 10 by 2021 and the two countries have already set out a series of ways in which they can work together more closely in a number of sectors, including through participation in Expo 2020 Dubai, according to an official press release of the Expo 2020.

Through its overall theme, ‘Connecting Minds, Creating the Future’, the first World Expo in the Middle East, Africa and South Asia will be a platform to foster creativity, innovation and collaboration globally. It will be a festival of ingenuity that gives people a glimpse into the future, guided by its three pillars: Opportunity, Mobility and Sustainability.

The Netherlands confirmed its official participation in a letter from Prime Minister Mark Rutte to His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of UAE and Ruler of Dubai.

The letter was delivered to Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Expo 2020 Dubai Higher Committee, by Frank Mollen, Ambassador of the Kingdom of the Netherlands.

Sheikh Ahmed said, “Expo 2020 Dubai will be a place where the world comes together to celebrate the best in ingenuity and innovation and a chance to work in unison on solutions to some of the most pressing problems the world is facing not only today but in the future.”

“We welcome the participation of The Netherlands, an important collaborator on the road to Expo 2020 Dubai and beyond,” he added.

Prime Minister Rutte said, “Expo 2020 Dubai will offer a positive message to people in the region and in the rest of the world, through an exchange of cutting-edge knowledge and expertise.

“We look forward to making a meaningful contribution to your positive message, and to work with your country to make Expo 2020 a success,” he added.

The Netherlands Ambassador added, “The Netherlands was one of the first countries to publicly back Dubai’s bid to host the World Expo and today’s announcement shows that our support for Expo 2020 Dubai is unwavering.

“Expo 2020 Dubai will be an unmissable opportunity for The Netherlands to showcase what our nation can achieve and join other countries from around the world in building a better future for us all,” he added.

The announcement follows the recent visit of a delegation led by Sultan bin Saeed Al Mansouri, UAE Minister of Economy, to The Netherlands.

Non-oil trade between the countries

Foreign non-oil trade between the countries amounted to about Dh11 billion in 2015, while in 2016, there were more than 200 Dutch companies registered with Dubai Chamber. It is estimated that about 5,000 Dutch nationals live in the UAE.

One of the other sectors in which both countries hope to strengthen ties is health care. Abdul Rahman bin Mohamed Al Owais, UAE Minister of Health and Prevention, and Mollen recently discussed strengthening co-operation between the two countries in this field ahead of a meeting between the UAE and Dutch Ministers of Health next month.

The Netherlands joins a growing number of other countries that have either publicly or privately confirmed their participation in Expo 2020 Dubai.

More than 180 nations are expected to participate in the event, which opens on 20th October 2020 and closes six months later, on April 10, 2021.

Expo 2020 Dubai and Jebel Ali Free Zone team up to offer Emirati youth more work training opportunities

Expo 2020 Dubai’s successful Apprenticeship Programme is being integrated with a corresponding scheme at Jebel Ali Free Zone (Jafza) to give even more young Emiratis the chance to take a positive first step on the career ladder.

The Memorandum of Understanding means the tried and tested structure and content of the Expo program will be absorbed into the existing Tumoohi (‘My Ambition’ in Arabic) scheme run by Jafza, the UAE’s flagship trade and logistics hub.

The aim is to provide an enhanced program of more apprenticeship options that can boost the careers of increasing numbers of UAE graduates by combining knowledge and expertise from the on-the-job training they receive at the companies they join.

Her Excellency Reem Al Hashimy, UAE Minister of State for International Cooperation and Director General, Dubai Expo 2020 Bureau, said: “Expo 2020 Dubai is about collaborative thinking – ‘Connecting Minds, Creating the Future’ – and we can help achieve this by working with the key stakeholders who share our ambition and empowering our youth with the skills that will help them shape a wonderful future for themselves.

“This will benefit not only the young people involved, but also our country as we move to an increasingly diversified, knowledge-based economy here in the UAE.

Youth are our future and we need to equip them with world-class skills.”

Based on international best practice, the Expo 2020 Apprenticeship Programme has included a series of intensive and varied learning modules, as well as on-the-job experience at Expo 2020 Dubai departments, including commercial, communications, events, procurement and real estate development.

Apprentices have also benefited from expert mentorship and leadership coaching from members of the Expo 2020 Dubai team.

Jafza’s Tumoohi scheme follows a similar model, offering Emirati graduates in-house training and job placements within the free zone’s vast network of companies.

A signing ceremony for the Memorandum of Understanding (MoU) between Expo and Jafza was attended by Her Excellency Al Hashimy and Sultan Ahmed Bin Sulayem, Chairman and CEO of DP World Group, which is the parent company of Jebel Ali Free Zone and one of Expo 2020 Dubai’s Premier Partners.

As part of the agreement, a number of Tumoohi trainees will complete job placements at Expo 2020 Dubai, working alongside industry experts from across the world in various departments.

This initiative underlines Expo 2020 Dubai’s ambition to work closely with all its partners – in this case DP World Group – beyond the purely commercial terms of their agreements.

Sultan Bin Sulayem said: “This is a significant step towards realising theTumoohi scheme.

We want to create a large talent pool of young nationals with the right technical skills and experience to meet the diverse needs of the UAE across the private and public sectors.

“So I am delighted that the collaboration with our colleagues at Expo 2020 Dubai offers our trainees there a once-in-a-lifetime opportunity to work on a global project of such diversity and scale.

“We share the same objectives in creating lasting value for all our stakeholders and building a positive legacy for future generations.

The skills and experience they pick up at Expo should stand them in very good stead for their future careers.”

Najeeb Al-Ali, Executive Director, Bureau Expo 2020 Dubai added: “We are proud and happy to see the way the current team of Expo apprentices has developed, both personally and professionally, and they continue to make a meaningful impact on the work that is taking place behind the scenes at our offices.

“We look forward to welcoming Tumoohi trainees, seeing not only how we can support them in their development, but also the valuable contributions they can make to the first World’s Expo in the Middle East, Africa and South Asia (MEASA) region.”

The Expo 2020 Dubai Apprenticeship Programme was launched in April 2016 with more than 2,700 graduate applications.

A shortlist of 150 young people participated in an innovative assessment process, which evaluated applicants on skills that are relevant in today’s workplace, including creativity, communication and teamwork.

A final 27 candidates were then welcomed to the Expo site office in Dubai South as the nine-month program began, becoming valuable members of the team and making a meaningful contribution in the build-up to the event.

“It has been a privilege to work alongside and learn from the world class team that has been assembled at Expo,” said one trainee, Aysha Al Nuaimi.

“I’ve learned so much in a short space of time in a wide variety of areas. All the apprentices here know that this is a unique opportunity to benefit from an event that is so important for the UAE. We are determined to make the very best of it while helping showcase what our country has to offer the world.”

The current group will graduate from the program this summer, with a proportion already confirmed to continue as fully fledged Expo employees.

Sheikh Mohammed honours Maggie MacDonnell

Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, honored on Sunday Maggie MacDonnell, the winner of Global Teacher Prize.

The prize is organised annually by Varkey Foundation in Dubai. In one of the world s most remote regions, surrounded by snow and ice, Maggie McDonnell is changing the lives of her students and transforming her community.

In a televised message, Canadian Prime Minister Justin Trudeau congratulated Maggie MacDonnell – on behalf of all Canadians – on winning the Global Teacher Prize 2017.

He thanked Sheikh Mohammed for his support to education in the UAE and the whole world.

The winner of the Global Teacher Prize Winner 2017 lives and works in Salluit, an Inuit village deep in the Canadian Arctic.

Maggie McDonnell has made an outstanding contribution to the lives of her students and everyone in Salluit. She is a deserving winner of the $1 million Global Teacher Prize for 2017.

The honouring ceremony, held at Atlantis, The Palm Hotel, was attended by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai; H.H. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Chairman of Mohammed bin Rashid Al Maktoum Knowledge Foundation; Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs and The Future; Shamma bint Sohail Faris AlMazrui, Minister of State for Youth Affairs; Irina Bokova: Director-General, United Nations Educational, Scientific and Cultural Organization (UNESCO); Sunny Varkey, Chairman of Varkey Foundation, and a number of local and international educational figures.

UAE climbs to 4th in global expat career ranking

The emirates ranked favorably for career progression and earnings but slipped in HSBC’s overall survey.

The UAE has climbed two places to become the fourth best destination for an international career but its overall performance declined, according to HSBC’s annual Expat Explorer Survey.

In the 45 country ranking, which included responses from 27,000 expats globally and 3,092 in the UAE, the bank found that the emirates stood only behind Switzerland, Germany and Sweden in terms of career prospects.

But counting all criteria the country declined three places to 12th with a rank of fifth for economics, 19th for experience and 22nd for family.

Similarly, Bahrain declined from fourth to ninth, Oman from 14th to 18th, Qatar from 22nd to 29th, Saudi Arabia from 26th to 31st and Kuwait from 34th to 35th.

The UAE’s high ranking for career prospects was thanks partly to its third place ranking for earnings.

Average salaries in the emirates are 14 percent higher than the global average and 65 per cent of expats in the country said they earned more than their home country, according to HSBC.

Only respondents in Switzerland (75 percent) and Qatar (66 percent) ranked their earnings more favorably.

The UAE also ranked eighth for career progression, with 54 per cent of expats suggesting their prospects were higher since leaving their home countries.

The country took 24th for work-life balance and 11th for work culture, while over half of expats in the country said moving gave them a chance of acquiring new skills (54 percent) and work was more fulfilling (51 per cent).

“Through the results of the research, it’s not surprising to see that the UAE continues to be rated highly globally for the financial benefits it offers,” said Kunal Malani, head of customer value management, MENA, retail banking and wealth management, HSBC.

“This has been one of the cornerstones of why people seek career opportunities here and it is indicative of the success of the government’s focus on diversification, which has resulted in the creation of an internationally recognized and sought after working environment with world-class infrastructure and services.”

In the wider survey, respondents across the Middle East and Africa region cited benefits packages offered by employers as key areas of satisfaction.

Saudi Arabia (95 per cent), Egypt (94 per cent), Oman (94 per cent), Kenya (93 per cent) and the UAE (93 per cent) had the highest proportion of expats that received benefits as part of their employment package.

More than nine in 10 expats (91 per cent) in the Middle East said they received at least one benefit compared to the global average of 67 per cent.

While in the UAE specifically, 56 percent said they received an accommodation allowance and 75 per cent health benefits.

Jebel Ali offers companies flexibility in setting up at Dubai free zone

Jebel Ali offers companies flexibility in setting up at Dubai free zone.

Jebel Ali Free Zone (JAFZA), the UAE’s biggest trade and logistics hub, has brought in regulations to give companies flexibility in how they set up shop, as it seeks to boost investments.

The cornerstone of the new regulations, Jafza said on Tuesday, is the option for companies to transfer to the free zone and continue operations without having to open a new branch or establish a new company, it said.

“For the first time JAFZA has brought together all the legal entities such as the Free Zone Establishment (FZE), Free Zone Company (FZCO) and Branches under one regulation and has introduced a new legal definition such as Public Listed Companies (PLC),” JAFZA said in its statement.

“Companies can restructure and rearrange their operations by converting from an FZE or FZCO to a PLC and vice versa, enabling continuity of business in the free zones. Foreign companies will also be able to transfer to the free zone keeping intact all their commitments so attracting international business to the JAFZA.”

JAFZA said in September that its first-half profit last year increased by 13.5 percent as operational performance improved and costs were reduced on the back of an early bank repayment in 2015.

Net income increased to Dh588 million in the first six months of 2016 compared with Dh518m in the same period a year earlier. Revenue increased by 5.8 per cent to Dh978m versus Dh924m in the same period a year earlier, it said.

At the same time, 242 new customers were added during the period compared with 313 new customers added during the same period a year earlier.

The free zone, established in 1985, is home to thousands of businesses from more than 100 countries that employ over 144,000 people. The zone attracts 32 percent of the UAE’s foreign direct investment, according to Jafza.

Sheikh Mohammed launches SME Classification System

Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, on Tuesday launched the SME Classification System.

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai attended the launch event at the headquarters of Dubai Executive Council, Emirates Towers.

Sheikh Mohammed affirmed that the UAE will consolidate its global position by launching new initiatives and implementing strategies to support the business community. His Highness said the UAE is keen to encourage Small and Medium Enterprises, SMEs, as they are an important pillar of the national economy and key to enhancing Dubai’s competitiveness.

Sheikh Mohammed explained that economic diversity is a cornerstone for building a strong economic base for the UAE’s post-oil phase. He further noted that the new system will raise the contribution of SMEs to Dubai’s GDP, a step that will advance its transformation into an innovation-driven knowledge-based economy.

Sheikh Mohammed urged emerging entrepreneurs to diversify their methods and adopt innovative projects and ideas to enhance their global competitiveness, stressing that he will continue to support them.

His Highness also expressed his appreciation for the efforts of the strategic partners of the initiative to develop plans and initiatives to serve SMEs and called on the banking sector to support the new classification system, highlighting the importance of building an environment that is both supportive and conducive to innovation.

Present at the launch ceremony were Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority and Chairman of Emirates Group; Sheikh Mansour bin Mohammed bin Rashid Al Maktoum, Mohammed Abdullah Al Gergawi, Chairman of the Executive Office of Dubai Government and a number of government officials.

SMEs are expected to contribute a massive Dh65 billion to the Dubai economy and will account for 370,000 jobs by 2021.

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council said that the new classification system will improve the role played by SMEs in Dubai’s growth by creating jobs and enhancing innovation, and contribute to the achievement of the objectives of Dubai Plan 2021, which focuses on further developing Dubai into one of the world’s most preferred economic destinations. Sheikh Hamdan also said that the UAE government is committed to supporting SMEs by building a supportive environment.

The new classification system, a first-of-its-kind in the region, is based on a number of criteria including finance, governance, innovation and social responsibility, initiatives that are part of Dubai Plan 2021.

The system is being implemented in collaboration with the General Secretariat of the Executive Council of Dubai and the Mohammed bin Rashid Establishment for Small and Medium Enterprises.

The new classification system is part of the ‘Dubai SME 100’ a ranking system for Dubai’s 100 top performing SMEs launched by the Mohammed Bin Rashid Establishment for SME Development, Dubai SME, in 2011.

The new classification system is optional for enterprises wishing to be qualified for receiving a bundle of programs and benefits that will support their growth and sustainability. Establishments wishing to participate should register through the website of the initiative as well as pay the required fee to obtain the electronic classification and undergo the final evaluation.

The classification is based on five set of factors: operational and financial, smart innovation, governance, foreign expansion plans and social responsibility. The evaluation for the classification will take a total of five working days.

The strategic partners of the new initiative include Dubai Municipality, the Roads and Transport Authority, RTA, Department of Tourism and Commerce Marketing.

India and the UAE: Envisioning a partnership for the future

The United Arab Emirates and the Republic of India are committed to building a modern strategic partnership based on the two countries’ shared values of religious tolerance and the importance of building open, multi-cultural societies that are respectful of differences related to faith.

On the occasion of the visit of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, to attend the 68th Republic Day celebrations of India as chief guest, His Highness Sheikh Mohammed and the Indian Prime Minister, Narendra Modi, issued the following joint op-ed: “India and the UAE are linked by our common desire to build a resilient modern strategic partnership.

This desire has become more manifest in the last two years.

In this time, we have personally built a bond of friendship that has allowed us to shed the traditional approach of incremental progress.

Instead, we are using the springboard of our friendship to give our partnership a bold new vision that goes beyond our bilateral relations.

We will contribute to a regional order that reflects our shared interest in stability, prosperity and tolerance. That is the promise that we have made to each other.

“In this enterprise, we are fortunate to be able to draw on centuries of accumulated goodwill and understanding between our nations. The promise that the late Sheikh Zayed bin Nahyan, Father of the Nation of the UAE so presciently foresaw in 1970, even before UAE’s independence, is translating into purposive action today. He had said then, while speaking in an interview, ‘Our relations go back some 4,000 years when we had flourishing trade and commerce with India; and now that we are about to be independent, we would like these bonds to be restored and strengthened in every possible way’ – there are boundless possibilities for trade, commerce, even joint projects.”

“The Comprehensive Strategic Partnership to which we have committed our countries builds upon the vision of the respected leader. It also builds on our extensive discussions in Abu Dhabi in August 2015 and in New Delhi in February 2016. It sets out a clear roadmap to restore and strengthen our historic ties but also looks at several entirely new areas of cooperation.

As nations, UAE and India have grown to respect each other for our shared values of religious tolerance and the importance of building open, multicultural societies that are respectful of differences related to faith, ethnicity or language.

We have been unequivocal in our rejection of religious extremism and the atmosphere of hate and terror that it has produced. We have been equally forthright in condemning terrorism in all its manifestations and in refusing to accept false justifications for terrorism in the name of religious or political objectives.

We have denounced and opposed terrorism in all forms and manifestations, wherever committed and by whomever, calling on all states to reject and abandon the use of terrorism against other countries, dismantle terrorism infrastructures where they exist, and bring perpetrators of terrorism to justice.

We believe that this approach is crucial for fostering an environment of peace, stability and prosperity in our region.

“We have also strongly condemned the terrorist attacks in Kabul and Kandahar on 10th January 2017 and the terrible loss of lives of UAE and Afghan nationals in these attacks.

Our countries have decided to intensify our defense cooperation, expanding the scope of our training programs, increasing our joint exercises and exploring opportunities for co-production of defense materials.

The presence of a contingent of the UAE Air Force in Delhi, marching down Rajpath in step with their Indian counterparts as part of the Republic Day parade, is a powerful visual symbol of cooperation.

“We have also made strides in our economic engagement. India is the UAE’s largest trading partner and for India, the UAE ranks third after US and China.

The entrepreneurship of the Indian business community has long been recognised in the UAE where they are present on a big scale; a relatively more recent phenomenon is the growing investments from the UAE into the Indian economy in key areas like infrastructure, energy, healthcare, retail, hospitality and real estate.

These mutual flows are anticipated to increase and will constitute a dynamic pillar of our partnership.

“India recognises that rapid development of infrastructure holds the key to meeting India’s development aspirations. Some of the UAE’s largest companies are world leaders in this area and we hope to encourage greater participation by them in India’s ambitious plans to develop highways, ports, airports and logistics hubs. We are also exploring innovative approaches in the equally important area of food security.

“As a major exporter of crude oil, the UAE has been a reliable partner in India’s quest for energy security.

But we are also looking beyond fossil fuels at the world that we want to bequeath to future generations.

The UAE’s decision to establish MASDAR was a trendsetter for the world, and India has set up extremely ambitious targets for the share of renewable energy in its own energy mix.

The UAE plans to join the Indo-French initiative to establish an International Solar Alliance and India is an ardent advocate and partner of the Abu Dhabi-based International Renewable Energy Agency, IRENA.

“The role of the 2.6 million-strong Indian community in the UAE is appreciated in both nations; for India, as a visible testament to the strength and success of our diaspora that enriches us in turn; for the UAE, as a valuable contribution to its development and national life.

The bonds of trade, investment, friendship and personal relations that have taken root between the UAE and India represents an especially strong bridge between our countries.

“An eye on the future is also manifest in our dialogue on cooperation between the Indian Space Research Organisation and the UAE Space Agency.

India is one of just four countries to have successfully sent a mission to Mars. The UAE also has an ambitious program in this field. By working together, we intend to demonstrate that not even the sky is the limit for our cooperation.

“Today, we are moving towards a deeper, stronger and more intense engagement with each other.

This rests on a strategic vision shared by us and on the extensive network of personal and people to people contacts between us.

“We are confident that we have created strong and robust platforms and mechanisms to take our relationship to new heights. India and the UAE are determined to fulfill the promise of our partnership for our people and our region.”

Strategic and commercial approach with issues

Many businesses, large and small, have a huge source of great ideas that can help them improve, innovate, and grow, and yet so many of these companies never think of using this amazing corporate asset. What is this highly valuable asset? Its own people. Says Morgan Fraud, the author of The Thinking Corporation, “Given that we are all capable of contributing new ideas, the question becomes how do you successfully generate, capture, process and implement ideas?” Becoming an organization capable of answering this question can benefit in a number of ways:

  • Growth through innovation/creativity:
    Rather than be constrained by ideas for new products, services and new markets coming from just a few people, a Thinking Corporation can tap into the employees.
  • Increased profits:
    The corporation will experience an increase in profits due to savings in operating costs as well as sales from new products, services and ventures.
  • Higher business values:
    The link between profits and business value means that the moment a corporation creates a new sustainable level of profit, the business value is adjusted accordingly.
  • Lower staff turnover:
    This, combined with the culture that must exist for innovation and creativity to flourish, means that new employees will be attracted to the organization.

Sheikh Mohammed inaugurates region’s largest theme park destination

Dubai Parks and Resorts, the largest theme park destination in the Middle East, was officially inaugurated on Sunday by Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum.

Stretching on an area of 30.6 million square feet on the road between Dubai and Abu Dhabi, the Dh13 billion complex features three main theme parks – Hollywood themed Motiongate, Legoland Dubai and Bollywood Parks.

Motiongat Dubai is the first ever collaboration between three of Hollywood’s most legendary studios, Columbia Pictures, DreamWorks and Lionsgate.

Legoland Dubai, the first Legoland theme park in the Middle East, while Bollywood Parks Dubai is the first-of-its-kind theme park that showcases rides and attraction based on some of Bollywood’s biggest blockbusters.

H.H. Sheikh Mohammed said he was confident that the new project will attract those looking for family entertainment and tourism and cultural and artistic activities.

He noted that Dubai Parks and Resorts constitutes a pillar of the tourism sector in the UAE and a driver of economic diversification.

The promising project, he said, reflects his vision and Dubai’s strategy for achieving sustainable development, as it provides entertainment for citizens, residents and visitors who will have an opportunity to learn more about the cultures of the UAE and the entire world.

Sheikh Mohammed further underlined long-term partnership between the public and private sectors “because a bird cannot fly with just one wing.”

“The public and private sectors are inseparable as they constitute a solid and robust economic pillar,” Sheikh Mohammed bin Rashid said, and called for stronger co-operation, co-ordination and integration between the two sectors, at the local and federal levels, so as to achieve the UAE Vision 2021.

Those who attended the inauguration ceremony included Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai; Dr. Amal Abdullah Al Qubaisi, Speaker of Federal National Council, FNC; Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior; Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority and Chairman of Emirates Group; Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Chairman of Mohammed bin Rashid Al Maktoum Foundation; Sheikh Mansour bin Mohammed bin Rashid Al Maktoum; Abdulla Al Habbai, Chairman of Meraas Holding Group, along with ministers, senior officials, dignitaries, some 1500 invited guests and representatives of the media.

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