A look back on two fruitful years for the UAE


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With reference to Sultan Al Qassami's opinion article 2010 shines as a celebration of 'Kulluna Khalifa' (December 31), as I watched the New Year 2011 Burj Khalifa fireworks and fountain on the Dubai One channel, I could not help wondering about the challenges the UAE and Dubai faced over the last two years and the unwavering commitment of its leadership to press ahead with progress, regardless of all the naysayers.

Today the UAE is back on track, with its critics in trouble instead everywhere from the US to those so-called PIGS (Portugal, Ireland, Greece, Spain) nations where the real social and economic crises keep unfolding.

The UAE throughout has been a generous host to millions of expatriates, thus building a global social compact that in practice is unrivaled. It has achieved tremendous growth and cohesion as a nation, and looks set to lead growth in the region and put the Gulf on top as the Next Big Thing after the BRIC (Brazil, Russia, India, China) emerging markets scenario.

In short the UAE has proven itself to find opportunity in crisis. Looking at its experienced leadership that has seen many challenges over the decades, we should be confident that they would remain visionary trailblazers

Athar Mian, Abu Dhabi

Traffic needs fixing for holiday

I refer to the news article Dubai revellers stranded downtown (January 2). In the lead up to the New Year's fireworks, I was reading all sorts of stories in the local UAE press about these fireworks being world-class, and in the same league as those of Sydney, London and other major cities. As a Sydney-sider, I can definitely say the Burj Khalifa fireworks paled in comparison but were nevertheless good.

However, if Dubai wants to rank itself amongst these other great cities, it needs to significantly improve public infrastructure to such events. It is such a major safety hazard to have so many thousands of people and cars crammed into such a small area.

MS, Dubai

What a shame that so many people had their New Year plans ruined in Dubai because of the traffic problems caused by so many trying to attend the fireworks display at the Burj Khalifa. Businesses must have lost thousands of dirhams on the night due to frustrated customers not being able to get to their destinations.

Steve Johnston, Dubai

Background to Tunisian protests

The Arabic News Digest column Tunisia's crisis requires a strategic plan (December 31) quoted the opinion of the columnist Mazen Hammad in the Qatari daily Al Watan that the cause of the street protests in Tunisia is unemployment among the young. This is way off the mark. The issue with the economy is the tip of the iceberg. The causes are political. Tunisia's problems cannot be solved by another strategic (or not) economic plan. The president's extended family by virtue of his second marriage have taken over Tunisia's economic and financial systems and serve as the background to endemic corruption in the administration.

According to the cables from the US embassy, the president is surrounded by a mafia that is robbing the country of its few profitable companies and financial institutions. The situation has become so bad that a new class of Tunisian emigrants has appeared recently, which is of Tunisian investors and capitalists who are fed up with the unhealthy atmosphere and are closing businesses and moving to Europe and elsewhere.

In such a climate of corruption and terror, there is no way Tunisia can resolve its employment problem, because the causes are more serious and more profound than just the economy. A regime change has become overdue.

Assayeda A, Abu Dhabi

No Nostradamus, just guesswork

I read Nostradamus or just a storyteller? (December 26) about the predictions for 2011 by the Lebanese fortuneteller Michel Hayek.

I am sorry but I have no idea why a well-respected newspaper would give him the credibility. I deeply respect the reporter Rym Ghazal for her articles but this one rubbed me the wrong way.

Anyone can predict the future using vague terms and claim to be true but if Mr Hayek really wanted to impress, let him be specific. No statements like "There will be an assassination that will be hailed as the crime of the century." This can mean anyone.

As for the issue of Qatar winning the right to be World Cup host in 2022, it was not really a prediction as a guess with a 50/50 chance of success. Everyone knew that Qatar was bidding and everyone knows that Fifa president Sepp Blatter is for opening new lucrative markets. So-called soothsayers trust that when they give you half the truth, you will fill in the missing gaps and believe them.

I am afraid that this is a telltale sign of the fears that we as humans have of the unknown.

Mishal Kanoo, Dubai

The Birkin bag is made by Hermès. 
It is named after actress and singer Jane Birkin
Noone from Hermès will go on record to say how much a new Birkin costs, how long one would have to wait to get one, and how many bags are actually made each year.

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The specs
Engine: 3.0-litre 6-cyl turbo

Power: 374hp at 5,500-6,500rpm

Torque: 500Nm from 1,900-5,000rpm

Transmission: 8-speed auto

Fuel consumption: 8.5L/100km

Price: from Dh285,000

On sale: from January 2022 

The years Ramadan fell in May

1987

1954

1921

1888

Results

1. Lewis Hamilton (Mercedes) 1hr 32mins 03.897sec

2. Max Verstappen (Red Bull-Honda) at 0.745s

3. Valtteri Bottas (Mercedes) 37.383s

4. Lando Norris (McLaren) 46.466s

5.Sergio Perez (Red Bull-Honda) 52.047s

6. Charles Leclerc (Ferrari) 59.090s

7. Daniel Ricciardo (McLaren) 1:06.004

8. Carlos Sainz Jr (Ferrari) 1:07.100

9. Yuki Tsunoda (AlphaTauri-Honda) 1:25.692

10. Lance Stroll (Aston Martin-Mercedes) 1:26.713,

Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

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COMPANY%20PROFILE
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What is blockchain?

Blockchain is a form of distributed ledger technology, a digital system in which data is recorded across multiple places at the same time. Unlike traditional databases, DLTs have no central administrator or centralised data storage. They are transparent because the data is visible and, because they are automatically replicated and impossible to be tampered with, they are secure.

The main difference between blockchain and other forms of DLT is the way data is stored as ‘blocks’ – new transactions are added to the existing ‘chain’ of past transactions, hence the name ‘blockchain’. It is impossible to delete or modify information on the chain due to the replication of blocks across various locations.

Blockchain is mostly associated with cryptocurrency Bitcoin. Due to the inability to tamper with transactions, advocates say this makes the currency more secure and safer than traditional systems. It is maintained by a network of people referred to as ‘miners’, who receive rewards for solving complex mathematical equations that enable transactions to go through.

However, one of the major problems that has come to light has been the presence of illicit material buried in the Bitcoin blockchain, linking it to the dark web.

Other blockchain platforms can offer things like smart contracts, which are automatically implemented when specific conditions from all interested parties are reached, cutting the time involved and the risk of mistakes. Another use could be storing medical records, as patients can be confident their information cannot be changed. The technology can also be used in supply chains, voting and has the potential to used for storing property records.