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Many billionaires in the UAE are drawn to the country's zero income tax policy. As a result, people travel to the United Arab Emirates in order to safeguard and increase their wealth without having to pay high taxes on it.    The United Arab Emirates (UAE) provides a golden visa program that permits investors, entrepreneurs, and professionals to stay in the nation for an extended period of time. This effort has been essential in attracting skilled labor and funding from around the world.    Due to its strategic location at the crossroads of Asia, Africa, and Europe, the UAE can be quite alluring for investment. This is also important information for visitors planning meetings there.    UAE Offers  a lots of opportunities for ventures and investments. Under a stable political climate, the state of the United Arab Emirates can enjoy a sense of security and predictability, both of which are necessary for efficient long-term planning.     Countries that have seen the greatest growth in

UAE stresses need to unite efforts to decarbonize shipping and ports operations


UAE

The Everlasting Consultant to the International Maritime Group, His Excellency Mohammed Khamis Al Kaabi, and Captain Saif Al Muhairi, Director General of Abu Dhabi Maritime, were part of the UAE delegation that took part in the event held in parallel to World Maritime Day and hosted by the South African government in Durban under the theme "New Technologies for Environmentally Friendly Transport."

The delegation also participated in a high-level ministerial dialogue meeting to discuss important issues, including strengthening capability building, the technical cooperation programme of the International Maritime Group, and important challenges and opportunities for global commerce.

Following a two-year suspension of the parallel event due to the pandemic, we welcome right here in Durban all IMO member nations to attend the event parallel to World Maritime Day 2022, said Kitak Lim, Secretary-Normal of the Worldwide Maritime Group, in his opening remarks.

It was founded to ensure that the global marine industry moves in the best direction, and this event is unquestionably one of the most important maritime conferences and events on the globe.

The evolution of the gas and power combine within the marine company, he continued, depends on innovation. This calls for new technologies, various and renewable fuels, a complex infrastructure to support low- or zero-carbon freight, as well as new financial choices to support operational strategies.

Additionally, we need to create collaborative innovation teams through effective research and development partnerships between the private and public sectors.

"We're here here right now to design a method of capacity building, technology, and infrastructure to involve developing nations in the energy transition, particularly the least developed nations and small island developing states.

One of the many technologies that can aid in the transition to a greener, more efficient, and more humane transportation sector, according to him, is digitization and automation. environment, but this doesn't mean we should disregard the value of focusing on the human side.

His Excellency Mohammed Khamis Al Kaabi, Permanent Consultant of the UAE to the International Maritime Group, commented on the role of the UAE in developing the global maritime industry, saying, "The UAE is without a doubt one of the most influential nations in developing the maritime business, dedicating its main place among the many most important maritime facilities on the planet.

The country plays a crucial role in addressing regional and global marine needs through its membership in the IMO Council.

The Worldwide Maritime Group will strengthen its position in supporting the protection, safety, and effectiveness of maritime transport in clear oceans by continuing to engage with various member states, he continued.

In this regard, the UAE has played a proactive role in implementing minor changes to a number of decisions that support the development and improvement of processes. Maintaining a pace with technology advancements and global changes, especially as they relate to emerging forms of transportation.

"The parallel event to this year's World Maritime Day confirms the need for the dedication of all participating nations to unify their efforts in an effort to take efficient measures concerning the decarbonization of transport and port operations, using zero or low carbon technologies, and adopting using different fuels in the primary infrastructure of the marine sector; The sector generates 2-3% of global carbon dioxide emissions," Al Kaabi continued.

In order to achieve the IMO's goal of 2050, he stated that new gas technologies and infrastructure must be able to meet the needs of the large-scale transportation industry by 2030, which may necessitate crucial cooperation with power companies, ports, transport companies, and cargo owners.

The counterpart event to World Maritime Day is an opportunity for the global community to make concrete contributions to collaborate in developing cutting-edge methods intended to address the impact of transportation on sustainability and local climate change

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