When the team behind the Dubai-based personal finance app Wally realised that the majority of their users lived in non-English-speaking countries, they knew they had to do something to reach them.
But there was a problem. Professional translation services were out of the start-up’s price range.
“We were getting quotes from professional translation agencies and they were giving us quotes of a few thousand dollars per language and some of the languages like Mandarin were more because it is more difficult to find somebody,” says Nicole Abi-Esber, a Lebanese-American who was in charge of user experience at Wally.
Having previously used Upwork, a freelancing website, Ms Abi-Esber set about putting together a virtual team of translators in 18 countries.
“I ended up paying the least amount for Mandarin. It was about US$4 an hour,” says Ms Abi-Esber, who is now working as entrepreneur in residence at Middle East Internet Group, a joint venture of South Africa’s MTN and Germany’s Rocket Internet (Rocket is known for replicating popular websites, such as Airbnb, and bringing them to emerging markets).
“It was really cool because we got access to all these people all over the world and it was much cheaper. They were also comfortable because they were in their own homes instead of being on salaries with a translation agency. They were all students. There was one in Russia, one in Spain, one in Brazil. It was super cool. I think we saved $10,000 to $15,000.”
And importantly, the quality of work was also good.
“Because we had assembled a ‘team’ of sorts dedicated to our product, it guaranteed continuity between translators, whereas oftentimes agencies assign translations to multiple translators,” says Ms Abi-Esber. “Also we were able to hire people who had Android phones, and had the technical knowledge to download the test versions of the app and check the translations actually in the app, in context.”
UAE companies such as Wally have a strong demand for freelance websites. Businesses in the Emirates are California-based Upwork’s fifth largest market, and have spent more than Dh390 million to date on the service, which launched in the UAE as Elance o-Desk last June.
Kunal Kapoor turned to the service when he was setting up an online marketplace and it became apparent that not all of the expertise he needed was available in the UAE.
Nor did he necessarily want all of his staff to work for the company full-time, for both financial and workload reasons.
So he chose the only option open to him: to consult freelancing websites like Upwork, which had a bank of people with the right kind of skills at the right price. And he hasn’t looked back since.
Today eight of his full-time employees, out of 33 staff in total of The Luxury Closet, an online marketplace for luxury items, live abroad across the Middle East and South East Asia.
“Everything is online so you can do a lot of this stuff remotely. You just need to be connected,” says Mr Kapoor, who is chief executive of the Dubai-based company.
“The reason we started doing all of this was because we started saying we should build a work culture and policies that make sense,” says Mr Kapoor.
Working more online is not the only way the workplace is expected to change. A study in late 2014 for the commercial real estate services firm CBRE and Genesis, a Chinese developer and operator, found that young people expect the office to be very different in 2030. Workplaces will offer a “wide variety of quiet retreat and collaborative settings”, each of which will suit a specific job or task.
Respondents also said they would move from thinking about workplaces towards places of work, including outside the office.
So how will increased home working affect the quality of our work? Will we become more creative, working in a space we feel more comfortable in?
“The answer is not as simple as a clear yes or no,” says Alan Iny, senior specialist for creativity and scenario planning at Boston Consulting Group.
“From my perspective I have seen places like BCG, where there are sometimes people who work from home, and sometimes not, be very empowering and be very creative and innovative places. And I have seen it fail in other places as well because people are very hierarchical and domineering and it just doesn’t work out,” he adds.
It has certainly worked out for companies like Wally and The Luxury Closet. Mr Kapoor thinks it could work for others.
“I think that having the flexibility makes you deliver better,” he says. “You can choose your timing and deliver more.”
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Graduated from the American University of Sharjah
She is the eldest of three brothers and two sisters
Has helped solve 15 cases of electric shocks
Enjoys travelling, reading and horse riding
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2018 ICC World Twenty20 Asian Western Sub Regional Qualifier
Event info: The tournament in Kuwait is the first phase of the qualifying process for sides from Asia for the 2020 World T20 in Australia. The UAE must finish within the top three teams out of the six at the competition to advance to the Asia regional finals. Success at regional finals would mean progression to the World T20 Qualifier.
Teams: UAE, Bahrain, Saudi Arabia, Kuwait, Maldives, Qatar
Friday fixtures: 9.30am (UAE time) - Kuwait v Maldives, Qatar v UAE; 3pm - Saudi Arabia v Bahrain
Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
Sinopharm vaccine explained
The Sinopharm vaccine was created using techniques that have been around for decades.
“This is an inactivated vaccine. Simply what it means is that the virus is taken, cultured and inactivated," said Dr Nawal Al Kaabi, chair of the UAE's National Covid-19 Clinical Management Committee.
"What is left is a skeleton of the virus so it looks like a virus, but it is not live."
This is then injected into the body.
"The body will recognise it and form antibodies but because it is inactive, we will need more than one dose. The body will not develop immunity with one dose," she said.
"You have to be exposed more than one time to what we call the antigen."
The vaccine should offer protection for at least months, but no one knows how long beyond that.
Dr Al Kaabi said early vaccine volunteers in China were given shots last spring and still have antibodies today.
“Since it is inactivated, it will not last forever," she said.
ATP RANKINGS (NOVEMBER 4)
1. Rafael Nadal (ESP) 9,585 pts ( 1)
2. Novak Djokovic (SRB) 8,945 (-1)
3. Roger Federer (SUI) 6,190
4. Daniil Medvedev (RUS) 5,705
5. Dominic Thiem (AUT) 5,025
6. Stefanos Tsitsipas (GRE) 4,000 ( 1)
7. Alexander Zverev (GER) 2,945 (-1)
8. Matteo Berrettini (ITA) 2,670 ( 1)
9. Roberto Bautista (ESP) 2,540 ( 1)
10. Gaël Monfils (FRA) 2,530 ( 3)
11. David Goffin (BEL) 2,335 ( 3)
12. Fabio Fognini (ITA) 2,290
13. Kei Nishikori (JPN) 2,180 (-2)
14. Diego Schwartzman (ARG) 2,125 ( 1)
15. Denis Shapovalov (CAN) 2,050 ( 13)
16. Stan Wawrinka (SUI) 2,000
17. Karen Khachanov (RUS) 1,840 (-9)
18. Alex De Minaur (AUS) 1,775
19. John Isner (USA) 1,770 (-2)
20. Grigor Dimitrov (BUL) 1,747 ( 7)
The National's picks
4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young
The specs
Engine: 5.2-litre V10
Power: 640hp at 8,000rpm
Torque: 565Nm at 6,500rpm
Transmission: 7-speed dual-clutch auto
Price: From Dh1 million
On sale: Q3 or Q4 2022
Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching
BIGGEST CYBER SECURITY INCIDENTS IN RECENT TIMES
SolarWinds supply chain attack: Came to light in December 2020 but had taken root for several months, compromising major tech companies, governments and its entities
Microsoft Exchange server exploitation: March 2021; attackers used a vulnerability to steal emails
Kaseya attack: July 2021; ransomware hit perpetrated REvil, resulting in severe downtime for more than 1,000 companies
Log4j breach: December 2021; attackers exploited the Java-written code to inflitrate businesses and governments
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More from Neighbourhood Watch:
MATCH INFO
Juventus 1 (Dybala 45')
Lazio 3 (Alberto 16', Lulic 73', Cataldi 90 4')
Red card: Rodrigo Bentancur (Juventus)
HOSTS
T20 WORLD CUP
2024: US and West Indies; 2026: India and Sri Lanka; 2028: Australia and New Zealand; 2030: England, Ireland and Scotland
ODI WORLD CUP
2027: South Africa, Zimbabwe and Namibia; 2031: India and
Bangladesh
CHAMPIONS TROPHY
2025: Pakistan; 2029: India
The Dark Blue Winter Overcoat & Other Stories From the North
Edited and Introduced by Sjón and Ted Hodgkinson
Pushkin Press
The specs: 2018 Nissan 370Z Nismo
The specs: 2018 Nissan 370Z Nismo
Price, base / as tested: Dh182,178
Engine: 3.7-litre V6
Power: 350hp @ 7,400rpm
Torque: 374Nm @ 5,200rpm
Transmission: Seven-speed automatic
Fuel consumption, combined: 10.5L / 100km
LA LIGA FIXTURES
Friday (UAE kick-off times)
Levante v Real Mallorca (12am)
Leganes v Barcelona (4pm)
Real Betis v Valencia (7pm)
Granada v Atletico Madrid (9.30pm)
Sunday
Real Madrid v Real Sociedad (12am)
Espanyol v Getafe (3pm)
Osasuna v Athletic Bilbao (5pm)
Eibar v Alaves (7pm)
Villarreal v Celta Vigo (9.30pm)
Monday
Real Valladolid v Sevilla (12am)
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