At the Arab Media Forum in Dubai this week, the Mohammed bin Rashid Library gave us a taste of an upcoming exhibition about the history of Arab journalism, displaying the front pages of newspapers from across the Middle East in the 20th century.
Looking at the newspapers from Lebanon and Syria in the 1930s, I found stories about the public funeral of a leading cleric, concerns about an unemployment crisis, coverage of the continuing fallout from the First World War and decline of the Ottoman Empire.
For example, the purpose of government is to help create economic opportunity for its citizens, reminds one article in the periodical Lissan El-Ahrar of Damascus. Syria was still struggling for formal independence from France and 1936 was a tumultuous year that included strikes and protests as part of national resistance against colonial policies. The very future of the Arab people was being shaped during that period amid turmoil in Europe. The brutal Spanish Civil War would begin later that summer and there was also an infamous Olympic Games in Berlin, as fascist forces were in the ascendancy.
The coverage in the Arab press of the early part of the last century was quite intellectual and analytical, while also underscored by an impassioned idealism about Arab self-determination. Through the media’s lens in the 1930s, it was totally understandable to assume that colonialism was the root of all the region’s problems. Some would argue that the region is still grappling with its consequences. Others might also point out that it is alive and well in the 21st century, considering foreign interventions in Iraq, Syria and Lebanon. Does it matter that the powers in question are not Britain and France but the US, Russia and Iran?
The news about the future of Arab countries, as well as instability in Europe, is not too unfamiliar given the current headlines in 2024, with conflict in both regions ongoing.
We have had watershed stories in recent years such as, for example, the 2003 US-led invasion of Iraq and the Arab uprisings that began in 2010. The rise and fall of ISIS in Iraq and Syria happened later that decade. How those stories were covered by news and media outlets was shaped by events, and did shape events for many years to follow. What happened informed and influenced those consuming the news.
The coverage in the Arab press of the early part of the last century was quite intellectual and analytical
However, today it seems as if the audience is setting the tone for how we should view events and that could result in history recording them for future generations with little hindsight applied.
We now have a much more emotional style of news gathering that blurs the lines between journalism and activism. The overall sense right now is that the coverage of news will never again be rational. However, it is no accident that it has come to pass, and there are two main factors behind this.
The first is related to society’s altered state since the Covid-19 pandemic. That is connected to the years of austerity and depressed economic opportunity following the 2007-2008 financial crisis.
When you are living in a permacrisis era, the news cycle must be always by definition “hard”, like a siren that is never turned off. “Hard news” is typically related to timely and significant developments rather than the softer infotainment and human-interest coverage that usually gets just as much, if not greater, audience attention, as the so-called “serious” news.
Usually, the particular news judgment of a newsroom would determine the mix of hard and soft news. Digital platforms have also allowed greater audience transparency and a real-time understanding of what they are seeking out. For a time, media outlets became too obsessed with such data, which resulted in everyone chasing the narrowest cross-section of stories, which attracted the biggest readership. It was often true that these were the softest of items, usually involving a celebrity or two.
Today, there has been a 180-degree turn in terms of what audiences believe should be the most important news covered by traditional media outlets. So, it follows, we have become much more sentiment-led as journalists, taking our cues from which stories are emotionally resonating on social media.
At times it is understandable that it should be given the levels of tragedy we are witnessing, especially now in Gaza, and the visible scale of the impact of global crises such as climate change.
The second factor behind the emotional news-gathering style is related to industry trends. The rise in the popularity of content creators, the emergence of Generative AI technology, the impact of tighter regulation of social media and digital platforms, have all been disruptive trends in recent years. The result of all of it combined has been to give the individual more power over what they see and read and when and how they do. The way news is consumed now reflects each person’s own tastes, beliefs and mood much more than the particular brand or outlet that is reporting it.
This is a fact that heavily contours the industry and there is no option but for media outlets to traverse this altered landscape.
The challenge is also well acknowledged. Among the industry discussions taking place at the Arab Media Forum is how to deliberately approach news in a more considered way and move on from a decade driven as much by the volume at which stories are reported as the facts being delivered.
It becomes a battle not for ratings or exclusives, but for which media brand can show the clarity of vision and the strategic consistency to create a new type of news reporting and gathering style that both reclaims the middle ground and rebuilds it in a way that can be sustained for generations to come.
KINGDOM%20OF%20THE%20PLANET%20OF%20THE%20APES
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Wes%20Ball%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Owen%20Teague%2C%20Freya%20Allen%2C%20Kevin%20Durand%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E3.5%2F5%3C%2Fp%3E%0A
Classification of skills
A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation.
A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.
The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000.
Leap of Faith
Michael J Mazarr
Public Affairs
Dh67
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
How to donate
Text the following numbers:
2289 - Dh10
6025 - Dh 20
2252 - Dh 50
2208 - Dh 100
6020 - Dh 200
*numbers work for both Etisalat and du
SPECS
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E2-litre%204-cylinder%20petrol%20(V%20Class)%3B%20electric%20motor%20with%2060kW%20or%2090kW%20powerpack%20(EQV)%0D%3Cbr%3E%3Cstrong%3EPower%3A%3C%2Fstrong%3E%20233hp%20(V%20Class%2C%20best%20option)%3B%20204hp%20(EQV%2C%20best%20option)%0D%3Cbr%3E%3Cstrong%3ETorque%3A%3C%2Fstrong%3E%20350Nm%20(V%20Class%2C%20best%20option)%3B%20TBA%20(EQV)%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3EMid-2024%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3ETBA%0D%3C%2Fp%3E%0A
Most sought after workplace benefits in the UAE
- Flexible work arrangements
- Pension support
- Mental well-being assistance
- Insurance coverage for optical, dental, alternative medicine, cancer screening
- Financial well-being incentives
What is Reform?
Reform is a right-wing, populist party led by Nigel Farage, a former MEP who won a seat in the House of Commons last year at his eighth attempt and a prominent figure in the campaign for the UK to leave the European Union.
It was founded in 2018 and originally called the Brexit Party.
Many of its members previously belonged to UKIP or the mainstream Conservatives.
After Brexit took place, the party focused on the reformation of British democracy.
Former Tory deputy chairman Lee Anderson became its first MP after defecting in March 2024.
The party gained support from Elon Musk, and had hoped the tech billionaire would make a £100m donation. However, Mr Musk changed his mind and called for Mr Farage to step down as leader in a row involving the US tycoon's support for far-right figurehead Tommy Robinson who is in prison for contempt of court.
The specs
Engine: 2.0-litre 4cyl turbo
Power: 261hp at 5,500rpm
Torque: 405Nm at 1,750-3,500rpm
Transmission: 9-speed auto
Fuel consumption: 6.9L/100km
On sale: Now
Price: From Dh117,059