Wednesday, January 25, 2012

People in the UAE use 83 per cent more water than the global average per head of population



A water expert has warned the UAE to turn off the taps - or face serious consequences.The UAE uses 83 per cent more water than the global average per head of population, and about six times more than the UK.
People in the UAE use about 550 litres of water each daily - that’s a whopping 200,750 litres a year. Dr Walid Fayad, an authority on energy and utilities, said excess consumption in the GCC can no longer be ignored. “Water scarcity is a reality in just about every Arab country,” he said. “If they don’t make changes, these countries will find themselves in serious trouble.”
Fayad added that the excess use will lead to severe economic and environmental results, with countries burning fuel and money to desalinate water. “Two-thirds of the potable water used in the UAE, Kuwait, Qatar and Bahrain is desalinated,” he said.
“Governments need to reduce demand for, and increase the supply of, water.” Fayad suggests raising water bills to make the UAE realise there is a problem. He said at the moment residents “have no reason to suspect water is in short supply”.
“There is a lack of awareness, largely because of subsidies that disguise costs and obscure the severity of the situation.” Fayad added: “The only way this will change is if people understand there is a problem and become part of the solution.”
Fayad revealed that only Saudi Arabia is ahead of the UAE in its “alarming” use of water, consuming 91 per cent more per capita than the rest of the world. In his research for Booz&Co, a global management consult­ing firm, which helps the world’s top businesses, gover­nments and organisa­tions, Fayad claimed that large green spaces in the UAE, such as golf courses, give the impression that there is plenty of water, but recycled wastewater should be used for irrigation.
He added: “GCC residents and businesses have disregarded the consequences of their water usage to enjoy benefits more common in countries with ample rain. But with the population increasing in excess of two per cent a year there is a growing recognition within governments that current consumption patterns are unsustainable.”


(C) 7Days

Sunday, January 8, 2012

Ruler of Dubai blessed with a baby boy




His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, have been blessed with a baby boy. Princess Haya, the wife of the Sheikh of Dubai, gave birth to a healthy baby boy Saturday.
Princess Haya, who is the half-sister of Jordan’s King Abdullah II, already has a daughter with Sheikh Mohammed, named Sheikha Al-Jalila.

Sheikha Al Jalila bint Mohammed Bin Rashid Al Maktoum of Dubai   {2007} (daughter of Sheikh Mohammed bin Rashid Al Maktoum, Emir of Dubai, and Princess Haya bint Al Hussein of Jordan, Sheikha of Dubai


Her husband, Sheikh Mohammed bin Rashid al-Maktoum, announced on Twitter: “Princess Haya and I were blessed with a baby boy. We named him Zayed.”
The name comes from the founder of the United Arab Emirates, Sheikh Zayed Bin Sultan Al Nahyan.

Thursday, January 5, 2012

National Bonds Scheme now more rewarding in 2012



Win One Million Dirhams every month and 9,635 Prizes every week with National Bonds Saving Scheme in addition to the annually distributed profit.
However, the total prize money - Dh670,000 (US$182,407) per week, plus a monthly draw for Dh1 million - has not changed.
Draw Chances
A newly issued bond will earn one draw chance, while the bond which is issued for a period of 6 months prior to draw date will earn 2 draw chances, whereas the bond that is issued for a period of 12 months prior to draw date will earn 3 draw chances and so on. In other words, a single bond will earn an additional draw chance every six months.
Maximize your draw chances by holding on to your bonds, the longer the better.
“National Bonds is more than a prize; it is a lifelong experience that we hope will be passed from one generation to another. It is a simple scheme that offers a unique saving experience, with competitive returns, the added benefits of prizes, life Takaful protection and no additional transaction costs. Most importantly it provides customers with peace of mind that they can access their funds when needed and it is safely managed by a reputed and regulated company in a manner that is ethically and socially responsible,” said Mohammed Qasim Al Ali, chief executive officer, National Bonds Corporation PJSC. In 2011, National Bonds gave away 272,167 prizes and introduced 12 instant millionaires. “No wonder that National Bonds is the most rewarding saving scheme in the region.” added Al Ali.
Draw Table Eng


Eligibility Requirements

All issued bonds of customers holding 300 bonds or more will qualify to enter the weekly and monthly draws. Eligible customers can now win up to 5 prizes in a single draw. Institutional customers are only eligible to enter into the weekly draws.

Don't miss the opportunity and save 300 bonds or more today
Draw Process
National Bonds draws are conducted using a state-of-the-art computerized system to randomly pick the winners of all prizes. Winners are publicly published on National Bonds website. The whole process is supervised by the Dubai Economic Department and audited by an independent international auditing firm to ensure fair and transparent practices.
Our state of the art draw mechanism is fully automated to ensure all bondholders fair chances.
Sharia Compliance
Prizes granted under National Bonds Saving Scheme are from National Bonds Corporation (Mudareb) own funds and not from customers' funds. The Sharia Supervisory Board has approved the prizes program.

Tuesday, January 3, 2012

UAE announced holidays for the year 2012


The Ministry of Labour has nnounced that Sunday, January 1, 2012 will be a holiday for the private sector in the UAE.
A statement issued by Saqr Ghobash, Minister of Labour, said all companies and private sector firms need to pay the workers for the off-day to mark the beginning of the New Year.
He sent his best wishes to President His Highness Sheikh Khalifa bin Zayed Al Nahyan; His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai; and Their Highnesses the Supreme Council Members and Rulers of the Emirates.
He wished also wished the people of the UAE.
2012 Public Holidays in UAE
1 Jan 2012           International New Year (1 day)
4 Feb 2012           Prophet Mohammed’s Birthday* (1 day)
17 Jun 2012         Israa & Miaraj Night* (1 day)
19 Aug 2012        Eid Al Fitr * (3 days)
25 Oct 2012         Arafat (Haj) Day* (1 day)
26 Oct 2012         Eid Al Adha* (3 days)
2 Dec 2012           UAE National Day (1 day)
15 Nov 2012        Hijri New Year's Day* (1 day)