Dressing up to work



There is something particularly paramount and seminal about a job that requires a uniform. I'm not referring to the shift dresses and stilettos of the city lawyer or the dapper suit and pocket-square of a banker.  I am referring to jobs in which donning a specially-made outfit is a must to ensure a job well done. Nothing screams importance more than a surgeon's mask or a firefighter's overalls.

No other field requires as much dressing up as a cleanroom facility. Students of microelectronic engineering at the Masdar Institute in Abu Dhabi will be dressing up and covering up in specially designed uniforms every day to conduct delicate research in semiconductor chips now that the institute's own facility became fully operational earlier this year.

The opening of the cleanroom heralds a new milestone for the country's semiconductor ambitions and the significance of the Masdar cleanroom facility will only grow next year because eventually, the oil will run out and the UAE will need other forms of revenue to maintain its economy.

Abu Dhabi's government has been investing heavily in the semiconductor space, identifying the inevitable growth of the digital space and the need for silicon chips now that 50 billion devices are expected to go online by 2020.

Few seem to understand just how lucrative the digital economy is and will be in the future. But for anyone that has had the privilege of working in a cleanroom facility and spends every day donning the white overalls, covering their hair, foregoing perfume, make up and cigarettes, it is clear that this is where the future is created.

What is a robo-adviser?

Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.

These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.

Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.

Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.

Company%20profile
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Envi%20Lodges%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3ESeptember%202021%0D%3Cbr%3E%3Cstrong%3ECo-founders%3A%3C%2Fstrong%3E%20Noelle%20Homsy%20and%20Chris%20Nader%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%0D%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20Hospitality%0D%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%2012%20to%2015%0D%3Cbr%3E%3Cstrong%3EStage%20of%20investment%3A%20%3C%2Fstrong%3ESeries%20A%3C%2Fp%3E%0A
THE BIO:

Sabri Razouk, 74

Athlete and fitness trainer 

Married, father of six

Favourite exercise: Bench press

Must-eat weekly meal: Steak with beans, carrots, broccoli, crust and corn

Power drink: A glass of yoghurt

Role model: Any good man

Our legal columnist

Name: Yousef Al Bahar

Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994

Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

Singham Again

Director: Rohit Shetty

Stars: Ajay Devgn, Kareena Kapoor Khan, Ranveer Singh, Akshay Kumar, Tiger Shroff, Deepika Padukone

Rating: 3/5