ILM-Endorsed Initiative set to Enhance Employee Career Development

Dubai: Dubai Properties Group, a member of Dubai Holding, recently launched its Corporate Academy programme to promote a culture of learning and continuous development among DPG employees. The Academy is designed to promote best practice structured training programmes via a series of business and academic qualified trainings. The programme which is accredited by recognised industry and academic institutions was strategically launched under the direction of Group CEO, Khalid Al Malik.

The announcement comes after considerable research was conducted into the training and development needs of its people, and reflects DPG’s dedication to the career progression of employees. The programme aims to harness employees’ potential by promoting individual development through specialised skill-based learning that is aligned with company-wide strategic business goals. The initiative presents an opportunity for employees to excel in their respective fields, while contributing to the overall success of the group.

DPG’s Corporate Academy is approved and endorsed by the prestigious Institute of Leadership and Management (ILM) for providing accredited, specialised skill-based learning adapted for each respective grade to map an individual’s career path from the time they join the company until they obtain their academic certification (Diploma and MBA). Training is provided through workshops, courses and academic modules conducted and certified by reputed educational institutions such as Insead University.

Commenting on the launch of the Corporate Academy, Arif Mubarak, Group Chief Operating Officer at DPG said, “Through this initiative, our aim is to provide employees with the necessary tools and competencies to move forward in their career. We plan to further enhance and develop such employee initiatives in the coming years by introducing and encouraging a culture of progression and career development at all levels.”

Khalifa Foundation gives food parcels to needy families in West Africa

Dakar: Khalifa bin Zayed Foundation has distributed over 2000 food parcels to needy families in Cape Verde, Gambia, Guinea and Sierra Leone on the occasion of the holy month of Ramadan.

The UAE Embassy in Dakar, Senegal, supervised distribution of the food assistance.

The Foundation distributed 398 food packages in Cape Verde, 1000 in Gambia, 460 in Sierra Leone and 475 in Guinea.

The Embassy said the food aid programme is the first for the UAE charity foundation in these countries.

US Navy ship fires on fishing boat off Jebel Ali Port : UAE official

Abu Dhabi: A United States Navy supply ship opened fire this evening on a fishing boat near the mouth of Jebel Ali Port in the emirate of Dubai, a UAE Foreign Ministry official said.

Dr. Tariq Ahmed Al Haidan, Assistant to UAE Foreign Minister for Political Affairs, said an Indian fisherman was killed and three others, also Indians, were seriously injured.

”’The UAE concerned authorities are investigating the shooting incident,” he added.

Sharjah taxi license plates owners to get AED5m annual bonus

Sharjah: The Sharjah Executive Council has approved a proposal submitted by the Sharjah Transport Corporation (STC) to pay 5,085 citizens who own taxi license plates in the emirate an annual bonus of AED 5,085 million which is equal to two month pay.

STC’s Assistant Director General Arhama Majid Al Shamsi said the bonus reflects the keenness of H. H. Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah to provide decent living standards to the citizens.

He added that payments made to the taxi license plates owners during the first half of this year totaled AED 16.2 million.

UAE is rich of young talented professionals: IAT chief

Dubai: Advanced curricula adopted by Institute of Applied Technology (IAT) prepare talented students in engineering and technology, a prominent UAE educator said today.

”The UAE is rich of young talents who are capable of playing, along with other Emiarti professionals, their aspired role in the fields of engineering, oil, electricity, energy, health and aviation, ” Dr. Abdullatif Alshamsi, Managing Director of IAT, told the 12th Asia-Pacific Conference on Giftedness 2012 which is being hosted by Hamdan Bin Rashid Al Maktoum Award for the Distinguished Academic Performance in Dubai from 14 to 18 July.

He noted that many countries were still facing significant problems including the reluctance of learners to join scientific stream, a gap between theoretical and applied sciences in real life and stagnant, traditional learning systems which disregard the passionate character of modern generation of the ICT revolution.

”There is a need for overhauling the academic education to provide learners with several options with the focus on natural sciences and expansion of the technological and vocational education,” he added.

According to him, the IAT experiment is one of the successful models in UAE which seeks to prepare, qualify and train national cadre who are able to deliver the Economic Vision 2030 of Abu Dhabi.

IAT mission is create a world-class Career Technical Education system that will produce the scientists, engineers and technicians needed for the UAE to build a knowledge-based economy.

Asia and Pacific countries took lion’s share of OPEC crude exports in 2011

Vienna: The bulk of the crude oil exported by OPEC Member Countries during 2011 went to Asian and Pacific countries, with 12.5 mb/d or 54.0% of the total. North America and Europe followed, importing 4.9 mb/d or 21.1%, and 3.7 mb/d or 16.0%, respectively, according to OPEC’s Annual Statistical Bulletin (ASB).

”OPEC Member Countries also exported 4.5 mb/d of petroleum product exports in 2011. The bulk of this went to Asian and Pacific countries with 2.1 mb/d or 49.8% of the total. North American and Latin American countries followed, with 0.6 mb/d or 13.6%, and 0.5 mb/d or 11.8%, respectively,” the OPEC’s Secretariat said while releasing the online ASB today.

Now in its 47th year, the ASB is a compilation of statistical data about oil and natural gas activities in OPEC’s 12 Member Countries (Algeria, Angola, Ecuador, the Islamic Republic of Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates and Venezuela) as well as in non-OPEC oil producing countries around the world. It provides detailed time-series data on different aspects of the global petroleum industry, including imports and exports, upstream and downstream projects, and exploration and production activities.

Some highlights from this year’s ASB are as follows: World crude oil production increased in 2011 by 0.9%, with different regions showing heterogeneous results. While Canadian, US and Middle East crude production increased, Western European and African production showed declines. In OPEC Member Countries, crude oil production was up 3% in 2011 year-on-year.

World oil consumption last year also increased by 0.9%, but this growth was seen solely in emerging economies, primarily in Asia – and in particular, China – but also in Latin America and the Middle East. In OPEC Member Countries, oil consumption increased by 0.2 mb/d or 2% year-on-year.

Proven crude oil reserves in OPEC Member Countries increased slightly in 2011, almost reaching 1.2 billion barrels. OPEC’s percentage share of reserves stood at 81% at year-end, largely unchanged from 2010.

OPEC Member Countries continued to play an important role in the natural gas market last year, with proven natural gas reserves of 95,020 billion standard cubic metres, an increase of 0.8% over 2010, making a total world share of 48.4%.

Refinery capacity in OPEC Member Countries rose by 0.7% during 2011, indicating that they held 10.1% of total world refinery capacity, compared to 9.9% in 2010.