A young boy waves the UAE flag in Abu Dhabi to celebrate the country's 50th National Day. Having a vision isn’t only important when developing a country, it is equally important when it comes to running a business. Khushnum Bhandari / The National
A young boy waves the UAE flag in Abu Dhabi to celebrate the country's 50th National Day. Having a vision isn’t only important when developing a country, it is equally important when it comes to running a business. Khushnum Bhandari / The National
A young boy waves the UAE flag in Abu Dhabi to celebrate the country's 50th National Day. Having a vision isn’t only important when developing a country, it is equally important when it comes to running a business. Khushnum Bhandari / The National
A young boy waves the UAE flag in Abu Dhabi to celebrate the country's 50th National Day. Having a vision isn’t only important when developing a country, it is equally important when it comes to runni

Why the UAE's success can inspire you to build a vision for your business


  • English
  • Arabic

I spent my free time over the past few weeks looking through my school photo albums.

Although my parents took countless photos to document my youth, some of my favourite snapshots were taken during the UAE’s National Day celebrations at school.

Surrounded by smiling classmates dressed up in colourful traditional dresses, what I enjoyed most about every National Day celebration is how we always had more things to celebrate every year. My classmates and I would look back at the UAE’s achievements over the past year and wonder what we would be celebrating next.

I consider myself lucky growing up during a time when the UAE underwent massive developments. I witnessed our country break records, achieve milestones and watched as it literally took off to explore the universe.

I grew up in a country that doesn’t believe in the word “impossible”. Instead, it is a country that embodies the question: “Why not?”

Last Thursday, we celebrated the UAE’s Golden Jubilee. For the past 50 years, the UAE has not only developed into one of the safest and most technologically advanced countries, but it has also become an oasis of hope and prosperity, especially for entrepreneurs and people with various talents.

The Jubilee celebrations inspired me to think about the words that best describe the Emirates. For me they are: “A visionary country”.

Our Founding Fathers’ vision, the determination to pursue every goal for our nation and people, inspired many to follow suit and embody that attitude in their personal and professional lives.

  • Children enjoy the water feature at Expo 2020 Dubai. Victor Besa / The National
    Children enjoy the water feature at Expo 2020 Dubai. Victor Besa / The National
  • An air display by the Al Fursan team wows the crowds at Expo 2020 Dubai. Victor Besa / The National
    An air display by the Al Fursan team wows the crowds at Expo 2020 Dubai. Victor Besa / The National
  • The UAE's 50th National Day show in Hatta. Photo: Dubai Media Office
    The UAE's 50th National Day show in Hatta. Photo: Dubai Media Office
  • Hatta's Golden Jubilee show reflected the country's 'early dreamers' who began the story of the Emirates. Victor Besa / The National
    Hatta's Golden Jubilee show reflected the country's 'early dreamers' who began the story of the Emirates. Victor Besa / The National
  • Burj Khalifa in Dubai illuminated in the colours of the national flag. Pawan Singh / The National
    Burj Khalifa in Dubai illuminated in the colours of the national flag. Pawan Singh / The National
  • A group of children celebrate National Day at the dhow monument on the Corniche in Abu Dhabi. Khushnum Bhandari / The National
    A group of children celebrate National Day at the dhow monument on the Corniche in Abu Dhabi. Khushnum Bhandari / The National
  • Colours of the World Parade during Golden Jubilee celebrations at Expo 2020 Dubai. Photo: Expo 2020 Dubai
    Colours of the World Parade during Golden Jubilee celebrations at Expo 2020 Dubai. Photo: Expo 2020 Dubai
  • A visitor to Al Wasl Plaza, Expo 2020 Dubai. Photo: Expo 2020 Dubai
    A visitor to Al Wasl Plaza, Expo 2020 Dubai. Photo: Expo 2020 Dubai
  • (L-R) Anju Jacob, Evelyn and Sebin Dcruz in the flag garden near Kite Beach, Dubai. Pawan Singh / The National
    (L-R) Anju Jacob, Evelyn and Sebin Dcruz in the flag garden near Kite Beach, Dubai. Pawan Singh / The National
  • Fireworks light up the night sky at the UAE's 50th National Day celebrations in Hatta. Photo: Ministry of Presidential Affairs
    Fireworks light up the night sky at the UAE's 50th National Day celebrations in Hatta. Photo: Ministry of Presidential Affairs
  • The UAE flag is illuminated in Hatta. Photo: Ministry of Presidential Affairs
    The UAE flag is illuminated in Hatta. Photo: Ministry of Presidential Affairs
  • Part of the UAE's 50th National Day extravaganza in Hatta. Photo: Ministry of Presidential Affairs
    Part of the UAE's 50th National Day extravaganza in Hatta. Photo: Ministry of Presidential Affairs
  • Golden Jubilee show which reflects on the country's "early dreamers" who began the story of the Emirates. Victor Besa / The National
    Golden Jubilee show which reflects on the country's "early dreamers" who began the story of the Emirates. Victor Besa / The National
  • Artists perform during the celebration of the 50th UAE National Day at Expo 2020 Dubai. EPA
    Artists perform during the celebration of the 50th UAE National Day at Expo 2020 Dubai. EPA
  • Adnoc's headquarters in Abu Dhabi displays an image of the UAE's Founding Father, Sheikh Zayed. Khushnum Bhandari / The National
    Adnoc's headquarters in Abu Dhabi displays an image of the UAE's Founding Father, Sheikh Zayed. Khushnum Bhandari / The National
  • Proud Emirati children wave the UAE flag from a sunroof in Abu Dhabi. Khushnum Bhandari/ The National
    Proud Emirati children wave the UAE flag from a sunroof in Abu Dhabi. Khushnum Bhandari/ The National
  • The Al Fursan team put on a dazzling display. Victor Besa / The National.
    The Al Fursan team put on a dazzling display. Victor Besa / The National.
  • From left: Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman, Sheikh Sultan bin Mohammed Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, Sheikh Saud bin Rashid Al Mualla, Ruler of Umm Al Quwain, Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, Sheikh Hamad bin Mohammed Al Sharqi, Ruler of Fujairah and Sheikh Saud bin Saqr Al Qasimi, Ruler of Ras Al Khaimah, attend the Federal Supreme Council meeting, at the Sheikh Rashid Palace in Hatta, Dubai, on Thursday. Photo: Mohamed Al Hammadi / Ministry of Presidential Affairs
    From left: Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman, Sheikh Sultan bin Mohammed Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, Sheikh Saud bin Rashid Al Mualla, Ruler of Umm Al Quwain, Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, Sheikh Hamad bin Mohammed Al Sharqi, Ruler of Fujairah and Sheikh Saud bin Saqr Al Qasimi, Ruler of Ras Al Khaimah, attend the Federal Supreme Council meeting, at the Sheikh Rashid Palace in Hatta, Dubai, on Thursday. Photo: Mohamed Al Hammadi / Ministry of Presidential Affairs
  • A lerge crowd watched a spectacular fireworks display over the Abu Dhabi Corniche. Khushnum Bhandari / The National
    A lerge crowd watched a spectacular fireworks display over the Abu Dhabi Corniche. Khushnum Bhandari / The National
  • People soaking up the atmosphere on the Abu Dhabi Corniche on National Day. Khushnum Bhandari/ The National
    People soaking up the atmosphere on the Abu Dhabi Corniche on National Day. Khushnum Bhandari/ The National

Having a vision isn’t only important when developing a country, it is equally important when it comes to running a business.

The UAE’s vision to strive for excellence – to not rest on one's laurels and continuously aim higher – is a reminder to business owners to dare to dream bigger and not stop once they have achieved their goals.

The UAE’s vision encourages us to continuously push our potential and explore what we can achieve next. After all, how far can we go if we never dared to fly?

As we look back at the UAE’s past achievements, we realise we can go further in our business journey if our team is driven by our vision and if that vision becomes an integral part of our company’s culture.

Even though the UAE is an oil-rich country, our leaders often state that people are its most precious wealth. You can start by telling your team about your vision, why it’s important and how they can help you to achieve that and be part of the story.

Invest in your teams and create an environment that encourages them to grow. Involve your team members, listen to their feedback and encourage innovation. Together with our teams, we can go further and achieve our goals.

Our vision should also evolve with time. The UAE is already working towards its Centennial 2071 plan; a reminder that the success stories we witness today are the result of years of dedication and perseverance.

Set your ultimate goal and break it down into multiple minor goals. That way, you can work more strategically and not feel burnt out.

As we embark on the next 50 years, I hope that more of us take the time to think about our visions for our businesses.

What effect can we have in this world? And how can our team be a part of this story?

If the past 50 years have proved anything, it is that nothing is impossible. If we aim for the stars, we can reach them and if the UAE can turn a desert nation into a thriving global hub, then we can achieve anything. We just need that vision to drive us.

Manar Al Hinai is an award-winning Emirati writer and communications consultant based in Abu Dhabi. Twitter: @manar_alhinai

STAGE%201%20RESULTS
%3Cp%3E1)%20Tim%20Merlier%20(Soudal-Quick-Step)%2C%203h%2017%E2%80%99%2035%E2%80%9D%3Cbr%3E2)%20Caleb%20Ewan%20(Lotto%20Dstny)%20same%20time%3Cbr%3E3)%20Mark%20Cavendish%20(Astana%20Qazaqstan%20Team)%20same%20time%3Cbr%3E%3Cstrong%3EGeneral%20Classification%3A%3C%2Fstrong%3E%3Cbr%3E1)%20Tim%20Merlier%20(Soudal%20Quick-Step)%203%3A17%3A25%3Cbr%3E2%20-%20Caleb%20Ewan%20(Lotto%20Dstny)%20%2B4%22%3Cbr%3E3%20-%20Luke%20Plapp%20(Ineos%20Grenadiers)%20%2B5%22%3C%2Fp%3E%0A
What is the definition of an SME?

SMEs in the UAE are defined by the number of employees, annual turnover and sector. For example, a “small company” in the services industry has six to 50 employees with a turnover of more than Dh2 million up to Dh20m, while in the manufacturing industry the requirements are 10 to 100 employees with a turnover of more than Dh3m up to Dh50m, according to Dubai SME, an agency of the Department of Economic Development.

A “medium-sized company” can either have staff of 51 to 200 employees or 101 to 250 employees, and a turnover less than or equal to Dh200m or Dh250m, again depending on whether the business is in the trading, manufacturing or services sectors. 

Where to donate in the UAE

The Emirates Charity Portal

You can donate to several registered charities through a “donation catalogue”. The use of the donation is quite specific, such as buying a fan for a poor family in Niger for Dh130.

The General Authority of Islamic Affairs & Endowments

The site has an e-donation service accepting debit card, credit card or e-Dirham, an electronic payment tool developed by the Ministry of Finance and First Abu Dhabi Bank.

Al Noor Special Needs Centre

You can donate online or order Smiles n’ Stuff products handcrafted by Al Noor students. The centre publishes a wish list of extras needed, starting at Dh500.

Beit Al Khair Society

Beit Al Khair Society has the motto “From – and to – the UAE,” with donations going towards the neediest in the country. Its website has a list of physical donation sites, but people can also contribute money by SMS, bank transfer and through the hotline 800-22554.

Dar Al Ber Society

Dar Al Ber Society, which has charity projects in 39 countries, accept cash payments, money transfers or SMS donations. Its donation hotline is 800-79.

Dubai Cares

Dubai Cares provides several options for individuals and companies to donate, including online, through banks, at retail outlets, via phone and by purchasing Dubai Cares branded merchandise. It is currently running a campaign called Bookings 2030, which allows people to help change the future of six underprivileged children and young people.

Emirates Airline Foundation

Those who travel on Emirates have undoubtedly seen the little donation envelopes in the seat pockets. But the foundation also accepts donations online and in the form of Skywards Miles. Donated miles are used to sponsor travel for doctors, surgeons, engineers and other professionals volunteering on humanitarian missions around the world.

Emirates Red Crescent

On the Emirates Red Crescent website you can choose between 35 different purposes for your donation, such as providing food for fasters, supporting debtors and contributing to a refugee women fund. It also has a list of bank accounts for each donation type.

Gulf for Good

Gulf for Good raises funds for partner charity projects through challenges, like climbing Kilimanjaro and cycling through Thailand. This year’s projects are in partnership with Street Child Nepal, Larchfield Kids, the Foundation for African Empowerment and SOS Children's Villages. Since 2001, the organisation has raised more than $3.5 million (Dh12.8m) in support of over 50 children’s charities.

Noor Dubai Foundation

Sheikh Mohammed bin Rashid Al Maktoum launched the Noor Dubai Foundation a decade ago with the aim of eliminating all forms of preventable blindness globally. You can donate Dh50 to support mobile eye camps by texting the word “Noor” to 4565 (Etisalat) or 4849 (du).

Specs

Engine: 51.5kW electric motor

Range: 400km

Power: 134bhp

Torque: 175Nm

Price: From Dh98,800

Available: Now

First Person
Richard Flanagan
Chatto & Windus 

BAD%20BOYS%3A%20RIDE%20OR%20DIE
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Adil%20El%20Arbi%20and%20Bilall%20Fallah%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3EWill%20Smith%2C%20Martin%20Lawrence%2C%20Joe%20Pantoliano%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203.5%2F5%3C%2Fp%3E%0A
How has net migration to UK changed?

The figure was broadly flat immediately before the Covid-19 pandemic, standing at 216,000 in the year to June 2018 and 224,000 in the year to June 2019.

It then dropped to an estimated 111,000 in the year to June 2020 when restrictions introduced during the pandemic limited travel and movement.

The total rose to 254,000 in the year to June 2021, followed by steep jumps to 634,000 in the year to June 2022 and 906,000 in the year to June 2023.

The latest available figure of 728,000 for the 12 months to June 2024 suggests levels are starting to decrease.

Stamp duty timeline

December 2014: Former UK finance minister George Osbourne reforms stamp duty, replacing the slab system with a blended rate scheme, with the top rate increasing to 12 per cent from 10 per cent:
Up to £125,000 - 0%; £125,000 to £250,000 – 2%; £250,000 to £925,000 – 5%; £925,000 to £1.5m: 10%; Over £1.5m – 12%

April 2016: New 3% surcharge applied to any buy-to-let properties or additional homes purchased.

July 2020: Rishi Sunak unveils SDLT holiday, with no tax to pay on the first £500,000, with buyers saving up to £15,000.

March 2021: Mr Sunak decides the fate of SDLT holiday at his March 3 budget, with expectations he will extend the perk unti June.

April 2021: 2% SDLT surcharge added to property transactions made by overseas buyers.

Know your Camel lingo

The bairaq is a competition for the best herd of 50 camels, named for the banner its winner takes home

Namoos - a word of congratulations reserved for falconry competitions, camel races and camel pageants. It best translates as 'the pride of victory' - and for competitors, it is priceless

Asayel camels - sleek, short-haired hound-like racers

Majahim - chocolate-brown camels that can grow to weigh two tonnes. They were only valued for milk until camel pageantry took off in the 1990s

Millions Street - the thoroughfare where camels are led and where white 4x4s throng throughout the festival

WOMAN AND CHILD

Director: Saeed Roustaee

Starring: Parinaz Izadyar, Payman Maadi

Rating: 4/5

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%203S%20Money%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202018%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20London%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Ivan%20Zhiznevsky%2C%20Eugene%20Dugaev%20and%20Andrei%20Dikouchine%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20FinTech%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20%245.6%20million%20raised%20in%20total%3C%2Fp%3E%0A
The%20specs%3A%202024%20Mercedes%20E200
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E2.0-litre%20four-cyl%20turbo%20%2B%20mild%20hybrid%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E204hp%20at%205%2C800rpm%20%2B23hp%20hybrid%20boost%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E320Nm%20at%201%2C800rpm%20%2B205Nm%20hybrid%20boost%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E9-speed%20auto%0D%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%20%3C%2Fstrong%3E7.3L%2F100km%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENovember%2FDecember%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh205%2C000%20(estimate)%3C%2Fp%3E%0A
Updated: December 05, 2021, 3:30 AM