logo
1276 nationals apply for Dubai Customs' training and scholarship programs

1276 nationals apply for Dubai Customs' training and scholarship programs

Zawya19-05-2025
Dubai – Dubai Customs concluded its active participation in the 2025 National Service Career Fair, held at the Dubai Exhibition Centre in Expo City Dubai from 12 to 14 May. The department's stand attracted significant interest, receiving 1,529 visitors, and 1,276 UAE nationals applied for the training programs and scholarships offered by Dubai Customs during the event.
Dubai Customs participated with the aim of attracting national talent and introducing them to its flagship training program, "Masar 33," which includes three key initiatives designed to empower youth and provide promising career paths.
The program includes academic scholarships, offering opportunities to enroll in specialized university programs in trade, customs, and logistics, as well as a master's program in digital trade and supply chain management, which currently has 14 enrolled students.
In addition, the professional customs inspector training program was launched to strengthen the capabilities of high school graduates through a seven-month intensive training course aimed at preparing them to join the customs inspection workforce. To date, the program has attracted 84 Emiratis.
Dubai Customs also launched a logistics sector training program through the Dubai Logistics Academy, aimed at equipping Emirati talent with the skills needed to work in logistics services companies, thereby enhancing their career prospects and expanding their professional horizons.
At the close of the fair, Khamis Al Muhairi, Acting Director of the Human Resources Department at Dubai Customs, highlighted the strong interest from young Emiratis in the training programs. He affirmed that the Dubai Logistics Academy plays a vital role in opening new pathways for nationals to work in trade, logistics, and security sectors, with a focus on attracting outstanding national talent. This, in turn, strengthens their role in sustainable development and supports Dubai Customs' strategic goals in alignment with the country's vision to empower youth and boost their contribution to national progress.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Invest Bank launches Sharjah inspired design challenge
Invest Bank launches Sharjah inspired design challenge

Zawya

time21 minutes ago

  • Zawya

Invest Bank launches Sharjah inspired design challenge

Sharjah, United Arab Emirates (UAE) – Invest Bank has unveiled an exciting new initiative, the 'Sharjah Inspired Design Challenge,' inviting artists, designers, and creatives from across the UAE to craft a timeless icon embodying the rich cultural identity of Sharjah. This innovative competition aims to fuse tradition with modernity, encouraging participants to develop a standalone symbol inspired by Sharjah's historic architecture, calligraphy, and cultural essence. Humaida Al Khalsan, Head of Corporate Affairs & Marketing at Invest Bank, said: "For us at Invest Bank, one of our core strategic priorities is community impact and engagement. Through this initiative, we seek to engage and celebrate creative talents, aiming to create a powerful visual homage to Sharjah's unique identity, a reflection of both its proud legacy and inspiring future." Participants are invited to design a modernized icon that captures the spirit of Sharjah's landmarks, architecture, and cultural symbols. The winning entry will receive a cash prize of AED 50,000 and will form a key visual element in the bank's branding. Submissions are open until 22 August 2025. This challenge underscores Invest Bank's commitment to honouring the Emirate's cultural roots while embracing innovation. The initiative seeks to not only showcase creative talent but also forge a lasting symbol that will stand the test of time, representing Sharjah's harmonious blend of tradition and progress. About Invest Bank: Founded in 1975, Invest Bank PSC is a leading public shareholding company, headquartered in Sharjah, UAE. With over four decades of significant presence, Invest Bank has established itself as a reputable entity within the UAE's banking sector, committed to delivering exceptional financial services. In 2019, the Government of Sharjah became a strategic partner, reaffirming the bank's position through commercial investment, with its shares publicly traded on the Abu Dhabi Securities Exchange (ADX). Today, Invest Bank offers a wide array of services including retail banking, corporate banking, and investment services.

Ras Al Khaimah sets new H1 tourism record with 654,000 visitors
Ras Al Khaimah sets new H1 tourism record with 654,000 visitors

Arabian Business

time21 minutes ago

  • Arabian Business

Ras Al Khaimah sets new H1 tourism record with 654,000 visitors

Ras Al Khaimah has set a new record of tourist arrivals, with over 654,000 visiting the northern emirate in the first half of 2025, representing a six per cent year-on-year growth. The Ras Al Khaimah Tourism Development Authority (RAKTDA) said the increase in visitor numbers has also led to a nine per cent increase in tourism revenues. The authority said there were strong visitor numbers across key source markets, including CIS, UK, India, China and Central and Eastern Europe, and significant growth from source markets with expanded direct flights connectivity, including Romania (+65 per cent), Poland (+56 per cent), Uzbekistan (+47 per cent), Belarus (+30 per cent). Tourism boom in Ras Al Khaimah There was a 25 per cent year-on-year increase in visitors from India, while the number of arrivals from the UK improved by 5 per cent, China by 9.2 per cent and Russia by 7 per cent. MICE and weddings revenue grew by 36 per cent, driven by high-value weddings, international conferences, incentive groups, and strategic initiatives positioning the emirate as a rising hub for events and incentive travel. Raki Phillips, CEO of Ras Al Khaimah Tourism Development Authority, commented: 'These half-year achievements are a clear testament to the strength of Ras Al Khaimah's tourism offering and the impact of its focused strategy. 'From expanded air connectivity and high-profile hotel developments to strategic partnerships and a growing calendar of experiences and events, every milestone contributes to Ras Al Khaimah's standing as one of the world's fastest-growing destinations. With a clear vision to welcome over 3.5 million visitors annually by 2030, the Emirate is firmly on track to deliver long-term, sustainable value for its economy, communities and tourists.' The emirate continued to strengthen its hotel offering with several high-profile announcements across the first half of the year, including NH Collection Ras Al Khaimah Al Marjan Island Hotel & Apartments (156 keys), Fairmont Al Marjan Island (250 keys), Taj Wellington Mews Al Marjan Island (336 hotel apartments) and Four Seasons Resort and Residences Ras Al Khaimah at Mina Al Arab (150 keys). During the period, RAKTDA was involved in several collaborations supporting destination development and tourism growth, as well as put its might behind signature events. It signed MoUs with leading OTAs in China, including and Tongcheng, and forged new partnerships with four leading Saudi-based OTAs – Fursan Travel, Smart Holidays, Almatar and Wego. The emirate also signed a strategic MoU with Huawei to advance smart tourism capabilities. Ras Al Khaimah hosted the 18 th edition of the Ras Al Khaimah Half Marathon with a record-breaking turnout of over 10,000 participants and spectators, and the fourth edition of the internationally broadcast Ras Al Khaimah Championship on the DP World Tour at Al Hamra Golf Club.

DFM announces 298% rise in net profit before tax for H1 2025 to AED777.1 million
DFM announces 298% rise in net profit before tax for H1 2025 to AED777.1 million

Emirates 24/7

time21 minutes ago

  • Emirates 24/7

DFM announces 298% rise in net profit before tax for H1 2025 to AED777.1 million

Dubai Financial Market (DFM) announced its consolidated financial results for the six-month period ending 30 June 2025, reporting a net profit before tax of AED777.1 million, up 298 percent compared to the same period in 2024, underscoring strong investor confidence and the continued expansion of Dubai's capital markets. DFM saw robust market performance during this period, with the DFM General Index (DFMGI) rising by 10.6 percent, reflecting both local market strength and a broader global shift in capital towards resilient, growth-oriented markets. The total market capitalisation also increased by a solid 9.7 percent, compared to the same period last year, to reach AED995 billion. Commenting on DFM's performance, Helal Saeed Al Marri, Chairman of DFM, said, 'DFM delivered a positive performance in the first half of 2025, underpinned by growing market depth and investor engagement. The rise in the DFM General Index, alongside sustained participation from institutional and foreign investors, is set against the backdrop of a dynamic Dubai economy, where record real estate activity, growing hedge fund presence, and increased capital flows have reinforced the emirate's status as a global financial hub. The 3rd edition of our Annual Capital Market Summit, held in May, further highlighted DFM's global standing, attracting more than 1,500 leading international and regional market participants and setting the stage for continued innovation and growth. Looking ahead, we will continue enhancing our market infrastructure and diversifying our offerings to support sustained market growth.' DFM's total consolidated revenue rose 191 percent to AED888.9 million in the first half of 2025, underpinned by a robust rise in operating income and solid investment returns and one-off income from the sale of an investment property. Expenses, excluding tax, were AED111.8 million compared to AED110.3 million in H1 2024, reflecting ongoing investments in market infrastructure and technology. In the second quarter of 2025, the total revenue reached AED702.5 million compared to AED157.6 million reported in Q2 2024. Further, the exchange recorded a net profit before tax of AED642.2 million, compared to AED99.8 million in the corresponding period last year reflecting the steady market growth. DFM recorded increased trading activity during H1 2025, with average daily traded value (ADTV) rising 75 percent year-on-year to AED692 million, leading to a total traded value of AED85 billion, up 77 percent compared to AED48 billion in H1 2024. Average number of daily trades also increased by 37 percent to approximately 13,900, reflecting deeper market engagement. DFM onboarded 53,655 new investors during the first half of 2025, with foreign investors making up 84 percent, raising the total investor base to over 1.2 million. Institutional trading increased notably, reaching 71 percent of total activity, with foreign investors contributing 53 percent of trading and representing 20 percent ownership of market capitalisation. In June, DFM participated in HSBC's GCC Exchanges Conference in London, which convened over 300 global institutional investors, more than 100 corporates, and representatives from all GCC exchanges. The conference emphasised growing global interest in the Gulf markets, driven by resilient regional performance, including a 33 percent rise in GCC IPO activity in the first three months of the year. In the first half of 2025, DFM welcomed the landmark IPO of Dubai Residential REIT (DUBAIRESI), the GCC's largest and first-ever listed pure-play residential leasing-focused REIT. The IPO raised AED2.145 billion (US$584 million) and was significantly oversubscribed, with gross demand exceeding AED56 billion (US$15 billion), approximately 26 times the offered units. Dubai Residential REIT debuted with a market capitalisation of AED14.3 billion (US$3.9 billion), marking the largest listed REIT in the GCC and underscoring strong investor confidence in Dubai's real estate sector. In May, DFM successfully hosted the third MENA Capital Market Summit (CMS 2025), welcoming over 1,500 attendees and more than 100 speakers from leading global institutions. The annual event has come to serve as a regional anchor for dialogue, innovation, and investment, further cementing DFM's role as a strategic enabler of capital market development. During this year's edition, DFM announced two AI-powered enhancements to its iVestor app: Smart Disclosures and Financial Summary. Smart Disclosures provides concise summaries of detailed company announcements, while Financial Summary presents key financial metrics clearly and succinctly. These new features aim to simplify access to information and support investors in making informed decisions, aligning with the rising demand for intuitive, digital-first investment tools. DFM also continued enhancing its Arena platform, designed to facilitate broader capital access and diversify investment opportunities across various asset classes, reinforcing market depth and investor engagement. Market capitalisation reached AED995 billion, reflecting Dubai's diversified economic base with sector composition as follows: Financials 40 percent, Real Estate 20 percent, Utilities 17 percent, Industrials 12 percent, Communication Services 5 percent, and Consumer Staples and other sectors comprising the remainder. This diverse mix strategically positions DFM to attract listings from emerging and underrepresented sectors. Hamed Ali, CEO of DFM and Nasdaq Dubai, said, 'DFM's performance in the first half of 2025 reflects a market evolving with purpose, demonstrating steady progress in executing our strategic initiatives and maintaining investor confidence. The successful listing of Dubai Residential REIT signals continued strength in our IPO pipeline and a growing investor appetite for diversified asset classes. As we expand access to new products and deepen market infrastructure, DFM remains a magnet for capital and a launchpad for the region's most ambitious issuers.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store