The Star Rating Programme, first-of-its-kind in the UAE, assigns different ratings to communities under ADP’s supervision.
Abu Dhabi Ports (ADP) has developed a new transparent classification system for residential accommodations to help companies efficiently select tailored housing solutions for their employees.
The Star Rating Programme, first-of-its-kind in the UAE, assigns five, four, three, two, and one-star ratings to communities under Abu Dhabi Ports’ supervision, based on the amenities available to residents, including services, catering facilities, places of worship, recreation facilities, internet access, health services among others.
Mohammed Ali Al Shorafa, Chairman of Abu Dhabi Department of Economic Development and Chairman of the Abu Dhabi Worker Committee, said, “The economy of Abu Dhabi has occupied an outstanding position and has attained a high level of competitiveness across many sectors, thanks to the excellent performance delivered by the non-oil economy, which now contributes more than 50 per cent to the emirate’s gross domestic product (GDP).
“Over the past five years, increasing numbers of the world’s leading businesses are selecting Abu Dhabi, which is now rapidly becoming a regional and global hub of industry and trade. Our partner, Abu Dhabi Ports, has been key contributors in achieving this accomplishment by introducing programmes such as the Star Rating Programme that reflect the preparedness of the emirate to develop innovative initiatives that ideally complement the needs of business.”
Formed in April 2020, the Abu Dhabi Workers Committee is tasked with developing and implementing inspection programmes for all private sector facilities to ensure compliance with UAE’s labour legislations. The body is also responsible for overseeing workers’ rights, verify that payments for work are facilitated, while also ensuring valid work contracts are issued.
Mohamed Juma Al Shamisi, Group CEO of Abu Dhabi Ports, said, “Employee wellbeing drives productivity, performance and output, which is why companies need to be able to make decisions related to employee accommodation with confidence. This new Star Rating Programme provides our customers clear and transparent information to aid their decision-making.
“This programme will serve as an important benchmark, classifying a full range of services to support the requirements of companies and their employees, ultimately increasing returns for the emirate’s industrial and commercial businesses, and leading to the growth and expansion of Abu Dhabi’s economy.”
Industrial enterprises in the emirate have grown significantly over the past five years as a result of the Government of Abu Dhabi’s strategic efforts to create enhanced indigenous industrial and manufacturing capabilities. In 2020 alone, 51 new industrial establishments were registered in Abu Dhabi despite the challenges posed by the COVID-19 pandemic. Of these, 35 were set up in Abu Dhabi city, 11 in Al Ain, and 5 in Al Dhafra.
Mohamed Al Khadar Al Ahmed, CEO of ZonesCorp, said, “The Abu Dhabi Ports’ Star Rating programme will annually evaluate all communities and improve on their standards to help positively impact the productivity of employees across the emirate.
Abu Dhabi Ports has successfully issued $1 billion 10 year bonds (The Notes) under its recently established Euro Medium Term Note Programme (EMTN Programme), to be jointly listed on the London Stock Exchange (LSE)
AD Ports Group announced its financial results for the quarter ended 30 June 2022. The Group’s revenue grew 35% Year-on-Year to Dhs1,242 million in Q2 2022
The UAE was ranked among the 20 leading countries in 16 global competitiveness indexes related to foreign trade in 2020, marking a new achievement and consolidating the country’s status as a key centre of international trade.
The Abu Dhabi Chamber of Commerce and Industry (ADCCI) launched its new 3-year strategy on Thursday spanning from 2023 to 2025, which centres on serving the Abu Dhabi Economy
Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers, has announced the launch of four business groups within the construction sector namely,
Adnoc, a reliable and responsible provider of lower-carbon intensity energy, on Thursday announced that it has signed agreements with 23 UAE and international companies