No story of the UAE would be complete without Sheikh Dr Sultan bin Muhammad Al Qasimi, Ruler of Sharjah.
He celebrates 50 years as ruler this year, presiding over huge changes, yet also providing stability and continuity for his people.
Sheikh Dr Sultan has ruled Sharjah since January 25, 1972, the longest of all the current UAE Rulers.
Yet his passions – education, culture, and a deep appreciation of history – keep his leadership as lively and relevant today as it was half a century ago.
Here we look at some key moments in his life:
Taught in Sharjah
Sheikh Dr Sultan was born on July 2, 1939. He was one of four brothers.
After beginning his education in Sharjah, he enrolled at an English private school as a teenager to learn English and for two years, between 1961 and 1963, taught the language and maths at Sharjah Industrial School.
Passion for heritage
From an early age, Sheikh Dr Sultan's passion for culture and heritage was evident.
Studying for a degree at Cairo University’s College of Agriculture, his studies were interrupted when, in 1970, he learned Sharjah’s historic old fort was being demolished.
Sheikh Dr Sultan rushed home to save what remains of the building, sparking his passion for heritage.
The restored Al Hisn Fort is now the centrepiece of the Heart of Sharjah project.
Sheikh Dr Sultan’s vision for the emirate extends even further.
The city now boasts an impressive collection of museums, including institutions dedicated to Islamic civilisation and archaeology, art, classic cars and even the conversion of the old British RAF base at Al Mahatta into an aviation museum.
First education minister
After graduating from university, Sheikh Dr Sultan is appointed to manage the office of Sharjah's Ruler, his brother Sheikh Khalid bin Mohammed Al Qasimi.
In December 1971, with the formation of the United Arab Emirates, Sheikh Dr Sultan is appointed the first Minister of Education.
Ruler of Sharjah
He becomes Ruler of Sharjah on January 25, 1972.
At 32, he became a member of the UAE Supreme Council.
Throughout his rule, Sheikh Dr Sultan has been an enthusiastic supporter of the UAE.
On the UAE's 40th anniversary, he said: “Decades have passed on our unity and we had what we wished, a strong and modern state, a proud people living in dignity and maintaining their identity.”
Published author
In 1985, he was awarded a doctorate by Exeter University, England, for a thesis that challenged the conventional narrative that Britain's East India Company had been forced to attack and subdue the people of the Northern Emirates on the grounds of their piracy.
This determination to defend the culture and story of his people, and the wider Arab Muslim world against western imperial powers, is a constant theme of his writing.
Later published as a book, The Myth of Arab Piracy in the Gulf, Sheikh Dr Sultan has also written a series of historical novels, including The White Shaikh, in 1996, set in 19th Century Dhofar and a two-part epic of the history of Sharjah, Tale of a City.
Sheikh Dr Sultan published the first part of his biography, My Early Life in 2009, recounting struggles before becoming Ruler of Sharjah.
Critically acclaimed, it was published in several languages, including English, Spanish, French and German, followed by a second volume, Taking The Reins, covering the first years as ruler.
Revitalising Sharjah
The Heart of Sharjah, an ambitious heritage project to revitalise the city’s historic centre, was announced in 2010.
Due for completion in 2025, it is the largest preservation scheme of its kind in the region and will restore old buildings and create new ones in traditional architecture to include art galleries, museums, cafes and restaurants, and the five-star Al Bait hotel.
Sheikh Dr Sultan opened the new Sharjah to Khor Fakkan motorway in April 2018, cutting the journey time to the east coast by half, to just 45 minutes.
The road is part of a multi-billion dirham initiative to improve life in the Khor Fakkan and Kalba exclaves of the emirate, with the redevelopment of Kalba’s corniche, restoration of the historic Saif bin Ghanim fishermen's mosque and conservation projects that include coastal mangroves and the pomegranate trees on Jabal Al Ruman mountain.
In 2021, he opened a 10,250-square-metre viewing area and rest house 600 metres above sea level in Khor Fakkan.
The Al Suhub Rest House includes a restaurant, cafe, children's play area, prayer rooms, bathrooms and viewing areas. About 8,700 trees were also planted.
Overseas support
The many initiatives Sheikh Dr Sultan has supported abroad include an Islamic centre in Estonia, a foundation for marginalised children in Malaysia, a library in Nairobi and a project to support theatre festivals in the Arab world.
He has been particularly generous in Egypt, supporting both a centre to train journalists and a new liver transplant wing at Mansoura University Hospital, to name but two of many projects he is involved with.
At the heart of this is Sheikh Dr Sultan’s belief in the power of arts and science to enlighten and inform society.
“Proper education is a safeguard against destructive ideas and misguided groups. A stable family background contributes effectively to nation-building,” he said.
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What is the FNC?
The Federal National Council is one of five federal authorities established by the UAE constitution. It held its first session on December 2, 1972, a year to the day after Federation.
It has 40 members, eight of whom are women. The members represent the UAE population through each of the emirates. Abu Dhabi and Dubai have eight members each, Sharjah and Ras al Khaimah six, and Ajman, Fujairah and Umm Al Quwain have four.
They bring Emirati issues to the council for debate and put those concerns to ministers summoned for questioning.
The FNC’s main functions include passing, amending or rejecting federal draft laws, discussing international treaties and agreements, and offering recommendations on general subjects raised during sessions.
Federal draft laws must first pass through the FNC for recommendations when members can amend the laws to suit the needs of citizens. The draft laws are then forwarded to the Cabinet for consideration and approval.
Since 2006, half of the members have been elected by UAE citizens to serve four-year terms and the other half are appointed by the Ruler’s Courts of the seven emirates.
In the 2015 elections, 78 of the 252 candidates were women. Women also represented 48 per cent of all voters and 67 per cent of the voters were under the age of 40.
Results
2pm: Serve U – Maiden (TB) Dh60,000 (Dirt) 1,400m; Winner: Violent Justice, Pat Dobbs (jockey), Doug Watson (trainer)
2.30pm: Al Shafar Investment – Conditions (TB) Dh100,000 (D) 1,400m; Winner: Desert Wisdom, Bernardo Pinheiro, Ahmed Al Shemaili
3pm: Commercial Bank of Dubai – Handicap (TB) Dh68,000 (D) 1,200m; Winner: Fawaareq, Sam Hitchcott, Doug Watson
3.30pm: Shadwell – Rated Conditions (TB) Dh100,000 (D) 1,600m; Winner: Down On Da Bayou, Xavier Ziani, Salem bin Ghadayer
4pm: Dubai Real Estate Centre – Maiden (TB) Dh60,000 (D) 1,600m; Winner: Rakeez, Patrick Cosgrave, Bhupat Seemar
4.30pm: Al Redha Insurance Brokers – Handicap (TB) Dh78,000 (D) 1,800m; Winner: Capla Crusader, Bernardo Pinheiro, Rashed Bouresly
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Brett Anderson
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Pakistan squad
Sarfraz (c), Zaman, Imam, Masood, Azam, Malik, Asif, Sohail, Shadab, Nawaz, Ashraf, Hasan, Amir, Junaid, Shinwari and Afridi
Results
5pm: Wathba Stallions Cup Maiden (PA) Dh 70,000 (Dirt) 1,000m, Winner: Hazeem Al Raed, Antonio Fresu (jockey), Ahmed Al Shemaili (trainer)
5.30pm: Handicap (PA) Dh 85,000 (D) 1,000m, Winner: Ghazwan Al Khalediah, Hugo Lebouc, Helal Al Alawi
6pm: Maiden (PA) Dh 70,000 (D) 1,400m, Winner: Dinar Al Khalediah, Patrick Cosgrave, Helal Al Alawi.
6.30pm: Handicap (TB) Dh 70,000 (D) 1,600m, Winner: Faith And Fortune, Sandro Paiva, Ali Rashid Al Raihe.
7pm: Maiden (PA) Dh 70,000 (D) 1,600m, Winner: Only Smoke, Bernardo Pinheiro, Abdallah Al Hammadi.
7.30pm: Handicap (PA) Dh 70,000 (D) 1,600m, Winner: AF Ramz, Saif Al Balushi, Khalifa Al Neyadi.
8pm: Maiden (PA) Dh 70,000 (D) 2,000m, Winner: AF Mass, Tadhg O’Shea, Ernst Oertel.
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.
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
2019 ASIA CUP POTS
Pot 1
UAE, Iran, Australia, Japan, South Korea, Saudi Arabia
Pot 2
China, Syria, Uzbekistan, Iraq, Qatar, Thailand
Pot 3
Kyrgyzstan, Lebanon, Palestine, Oman, India, Vietnam
Pot 4
North Korea, Philippines, Bahrain, Jordan, Yemen, Turkmenistan
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Top financial tips for graduates
Araminta Robertson, of the Financially Mint blog, shares her financial advice for university leavers:
1. Build digital or technical skills: After graduation, people can find it extremely hard to find jobs. From programming to digital marketing, your early twenties are for building skills. Future employers will want people with tech skills.
2. Side hustle: At 16, I lived in a village and started teaching online, as well as doing work as a virtual assistant and marketer. There are six skills you can use online: translation; teaching; programming; digital marketing; design and writing. If you master two, you’ll always be able to make money.
3. Networking: Knowing how to make connections is extremely useful. Use LinkedIn to find people who have the job you want, connect and ask to meet for coffee. Ask how they did it and if they know anyone who can help you. I secured quite a few clients this way.
4. Pay yourself first: The minute you receive any income, put about 15 per cent aside into a savings account you won’t touch, to go towards your emergency fund or to start investing. I do 20 per cent. It helped me start saving immediately.
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Three stars
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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.”
In numbers
Number of Chinese tourists coming to UAE in 2017 was... 1.3m
Alibaba’s new ‘Tech Town’ in Dubai is worth... $600m
China’s investment in the MIddle East in 2016 was... $29.5bn
The world’s most valuable start-up in 2018, TikTok, is valued at... $75bn
Boost to the UAE economy of 5G connectivity will be... $269bn