Recognising art and creativity

April 10, 2012

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Dubai, April 10: The Shaikh Mohammed bin Rashid Al Maktoum Patrons of the Arts Awards, honoured 47 organisations and individuals for their contributions towards the city’s cultural scene at a prestigious event held on Sunday at the Jumeirah Zabeel Saray Hotel, in the presence of members of the royal family.


In its third edition, the ceremony opened with a delightful musical performance titled ‘Music of Dubai’ by The Fridge, and an artistic sand drawing projected at the back of the theatre inspired by the heritage of the UAE.


The awards included four categories: Distinguished Patrons of the Arts, Patrons of the Arts, Supporters of the Arts, and Friends of the Arts. Their financial or in-kind contributions have reached over Dh165 million and shows an impressive 24 per cent increase from January to December 2011 compared to 2010.


Saeed Al Naboodah, Acting Director General, Dubai Culture and Arts Authority, said: “Patronage for the Emirate’s cultural scene has grown rapidly over the last few years, underlining the impressive achievements recorded by Dubai in launching and hosting diverse cultural initiatives. The third cycle has seen increased support from government departments and organisations, in addition to a vast pool of new patrons, reinforcing interest in extending patronage to culture and the arts.”


“Today, Dubai has firmly positioned itself as a destination for culture and arts as a result of sustained support from the patrons, the unsung heroes, who highlight the artistic potential in the city. The Dubai Culture and Arts Authority is privileged to honour these individuals and organisations who contribute to further consolidating the city’s status as the region’s cultural hub,” he added.


Forty-four per cent of those honoured in the third cycle are new patrons, with a 17.5 per cent overall increase in patrons, underscoring an increased interest among organisations and individuals in driving the arts sector. Fifteen per cent of the patrons comprised Government departments and organisations, a 75 per cent increase compared with the first cycle.


Visual arts accounted for 50 per cent, followed by a remarkable increase in patronage for film, which accounts for 42 per cent of total contributions. Performing arts and literature accounted for a four per cent of this year’s patronage, each.


The ‘Distinguished Patrons of the Arts’ honourees are: Shaikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council; the Investment Corporation of Dubai (ICD); Jumeirah Group; Emirates Airline; Dr Farhad Farjam and Abraaj Capital.


Honourees of the ‘Patrons of the Arts’ are: Shaikha Manal bint Mohammed bin Rashid Al Maktoum, President of the Dubai Women Establishment, and wife of Shaikh Mansour bin Zayed Al Nahyan, Minister of Presidential Affairs; Shaikha Lateefa bint Maktoum bin Rashid Al Maktoum; Dubai Police; Dubai Duty Free; Al Serkal Family; Barjeel Art Foundation; Mr. Ramin Salsali; AGMC – BMW; Dubai Pearl and Van Cleef & Arpels.


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Agencies
July 28,2020

Dubai, Jul 28: Abu Dhabi Commercial Bank (ADCB) (ADCB.AD) is letting go hundreds of employees, sources said, the latest in a round of lay-offs by regional banks as pressure mounts to cut costs amid lower oil prices and the coronavirus crisis.

The UAE’s third-biggest lender is laying off 400 employees, two sources familiar with the matter said, after it had committed to not cutting staff because of the crisis.

In a statement, a spokesman said ADCB had pursued efficiency over the last decade by managing out its lowest underachievers after regular reviews, while ensuring talent was deployed in high-growth areas, such as digital banking.

“A certain number of redundancies are therefore expected every year in the normal course of business,” the bank spokesman added.

The sources said the cuts would involve ADCB’s consumer business and several in top management were among those being let go. One source said the bank was looking to close 20 branches.

In March, ADCB had declared, “No employee will be made redundant during 2020 as a result of the COVID-19 pandemic.”

UAE banks have been hit by government measures to rein in the spread of the virus, forcing many businesses to shut temporarily.

Last week, Dubai’s largest bank, Emirates NBD, reported a slump of 58% in profits. In June, sources told Reuters the bank started a new round of hundreds of lay-offs.

In May, ADCB reported a fall of 84% in first-quarter net profit as it took impairments of $292 million on debt exposure to troubled hospital operator NMC Health and payments group Finablr.

It was a major lender, with an exposure of about $981 million, to NMC Health, which went into administration this year after months of turmoil following questions over financial reporting.

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Agencies
May 28,2020

Sharjah, May 28: The Ministry of Interior has warned the public against visiting wadis during bad weather conditions, including rainy seasons, to avoid the risk of getting caught in flash floods that could endanger their lives.

A video posted on its official Instagram account depicted several such incidents involving cars being swept away by floods.

The warning comes after four people were found dead this week in Sharjah's Wadi Al Helo, an area hit by floods during heavy rains that lashed the emirate, authorities said.

The National Search and Rescue Centre (NSRC) found the bodies as it conducted an operation to look for seven people who were reported missing amid the unstable weather conditions.

In a separate incident yesterday, 20 passengers of a bus that got stuck in Wadi Hatta's Umm Al Nosor area in Dubai were also rescued by police after their vehicle was swept away by floods.

The ministry urged the public to follow the directives issued for their own safety.

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Agencies
February 5,2020

Paris, Feb 5: Saudi Arabia has reported an outbreak of the highly pathogenic H5N8 bird flu virus on a poultry farm, the World Organisation for Animal Health (OIE) said on Tuesday, February 4.

The outbreak, which occurred in the central Sudair region, killed 22,700 birds, the OIE said, citing a report from the Saudi agriculture ministry.

The other 385,300 birds in the flock were slaughtered, it said.

The case was the first outbreak of the H5N8 virus in Saudi Arabia since July 2018.

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