• 10th: With a low crime rate and high score for personal safety, Japan is one of the most liveable countries in the world. It pushed Switzerland and Canada outside of the top 10 this year. Hiro Komae / AP
    10th: With a low crime rate and high score for personal safety, Japan is one of the most liveable countries in the world. It pushed Switzerland and Canada outside of the top 10 this year. Hiro Komae / AP
  • 9th: A low crime rate and high ease-of-business environment gives Singapore a high score. It has attracted a large number of expats and businesspeople who have left Hong Kong as a result of repeated pandemic lockdowns. Roslan Rahman / AFP
    9th: A low crime rate and high ease-of-business environment gives Singapore a high score. It has attracted a large number of expats and businesspeople who have left Hong Kong as a result of repeated pandemic lockdowns. Roslan Rahman / AFP
  • 8th: At the heart of Europe, Czech Republic benefits from a strong economy, low crime rate and good transport ties. It ranks highly for its ecology and cleanliness, and its capital Prague attracted more than 2.4 million visitors in 2021. Milan Jaros / Bloomberg
    8th: At the heart of Europe, Czech Republic benefits from a strong economy, low crime rate and good transport ties. It ranks highly for its ecology and cleanliness, and its capital Prague attracted more than 2.4 million visitors in 2021. Milan Jaros / Bloomberg
  • 7th: One of Europe's greenest countries, Slovenia is regarded as one of the most liveable places on the list. Jure Makovec / AFP
    7th: One of Europe's greenest countries, Slovenia is regarded as one of the most liveable places on the list. Jure Makovec / AFP
  • 6th: Portugal has experienced a strong post-pandemic recovery and attracted high foreign investment, despite having one of the EU's heaviest debt burdens. Tourists have returned in their droves and an attractive long-term residency and citizenship scheme attracts many expats and foreign workers. AFP
    6th: Portugal has experienced a strong post-pandemic recovery and attracted high foreign investment, despite having one of the EU's heaviest debt burdens. Tourists have returned in their droves and an attractive long-term residency and citizenship scheme attracts many expats and foreign workers. AFP
  • 5th: One of the most environmentally conscious nations in the world, Austria scores high on the list for peace, low crime, and liveability. Vienna is home to major international organisations including a dozen United Nations agencies. AFP
    5th: One of the most environmentally conscious nations in the world, Austria scores high on the list for peace, low crime, and liveability. Vienna is home to major international organisations including a dozen United Nations agencies. AFP
  • 4th: Denmark scores highly for human rights, liveability and cleanliness. AFP
    4th: Denmark scores highly for human rights, liveability and cleanliness. AFP
  • 3rd: Dublin serves as the European headquarters of tech giants including Google and Facebook owner Meta. With heritage, history and a renowned sports culture, the Republic of Ireland sits close to the top of the chart. Reuters
    3rd: Dublin serves as the European headquarters of tech giants including Google and Facebook owner Meta. With heritage, history and a renowned sports culture, the Republic of Ireland sits close to the top of the chart. Reuters
  • 2nd: The skyline of Auckland, New Zealand's largest city. The country ranks highly for peace, safety and happiness, despite high living costs. Its multicultural cities and welcoming people attract migrants from across the globe, and its handling of the pandemic was regarded as exemplary. Bloomberg
    2nd: The skyline of Auckland, New Zealand's largest city. The country ranks highly for peace, safety and happiness, despite high living costs. Its multicultural cities and welcoming people attract migrants from across the globe, and its handling of the pandemic was regarded as exemplary. Bloomberg
  • 1st: Iceland tops the charts this year. Often ranked as among the happiest countries, its scores highly across every aspect of the peace index. Successful trials of a four-day working week in 2021 have been emulated around the world. AFP
    1st: Iceland tops the charts this year. Often ranked as among the happiest countries, its scores highly across every aspect of the peace index. Successful trials of a four-day working week in 2021 have been emulated around the world. AFP

Global Peace Index 2022: the 10 safest and most dangerous countries in the world


Kelly Clarke
  • English
  • Arabic

Main story: Russia's war in Ukraine has 'turbocharged' decline in global peace

Afghanistan is the world's most dangerous country for the fifth consecutive year, but it is Ukraine which has recorded the largest deterioration in the Global Peace Index 2022.

Since Russian troops invaded the Eastern European country in February, it has fallen 17 places, to 153, in terms of its peacefulness.

Russia has also taken a hit, falling five places to 160 out of 163 countries. Both nations received a “very low” rating in the annual report.

Iceland was ranked number one, a position it has held since the inception of the index in 2008.

The five countries with the largest deteriorations were Ukraine, Guinea, Burkina Faso, Russia and Haiti, while the five countries that improved the most were Libya, Egypt, Saudi Arabia, the Philippines and Algeria.

Europe is the most peaceful region in the world, where seven of the ten safest countries are located.

Eight countries that appeared among the highest rankings in last year’s report remained among the top 10 again this year.

Singapore and Japan, which were ranked ninth and 10th, respectively, climbed the rating list this year, pushing Switzerland and Canada outside of the top 10, into 11th and 12th place respectively.

Yemen remains the most dangerous country in the Mena region for a second year in a row, ranking one place behind Afghanistan. Syria kept its position as the third most dangerous country in the world.

Despite the overall deterioration of global peace relative to 2021, 90 countries recorded an improvement in peacefulness this year, while 71 recorded a deterioration.

Significant low scores in “political instability”, “political terror”, “neighbouring country relations” and “refugees and IDPs” (internally displaced people) occurred in 2022, with these indicators reaching their worst levels since the inception of the index in 2008.

Other indicators to deteriorate were "deaths from external conflict" and "intensity of internal conflicts".

On a more positive note, there were substantial improvements to the scores of a number of indicators, including "terrorism impact", "nuclear and heavy weapons", "military expenditure" and "perceptions of criminality".

Terrorism impact is now at its best level in six years, however, the world is now less peaceful than it was at the inception of the index in 2008. The average level of country peacefulness has deteriorated by 3.2 per cent.

Global Peace Index 2022: 10 most dangerous countries

  • 1. Afghanistan has been named the least peaceful country in the Global Peace Index 2021 for the fourth consecutive year. AP
    1. Afghanistan has been named the least peaceful country in the Global Peace Index 2021 for the fourth consecutive year. AP
  • 2. Yemen is the least peaceful country in the Mena region, having recorded declines every year since 2008. EPA
    2. Yemen is the least peaceful country in the Mena region, having recorded declines every year since 2008. EPA
  • 3. Syria, where the political terrorism indicator has risen to its highest level since it began in 2008. AFP
    3. Syria, where the political terrorism indicator has risen to its highest level since it began in 2008. AFP
  • 4. Russia has dropped five places in the index, with the number of conflict deaths increasing owing to the war in Ukraine. AFP
    4. Russia has dropped five places in the index, with the number of conflict deaths increasing owing to the war in Ukraine. AFP
  • 5. South Sudan. Although levels of internal conflict remain high, the number of deaths improved by 15 per cent in 2022. AFP
    5. South Sudan. Although levels of internal conflict remain high, the number of deaths improved by 15 per cent in 2022. AFP
  • 6. Democratic Republic of the Congo had one of the lowest scores for safety and security. AFP
    6. Democratic Republic of the Congo had one of the lowest scores for safety and security. AFP
  • 7. Iraq was one of seven countries in which the number of deaths from external conflict has increased in seven countries. AP
    7. Iraq was one of seven countries in which the number of deaths from external conflict has increased in seven countries. AP
  • 8. Somalia, where the cost of violence was more than 30 per cent of its gross domestic product in 2021. AFP
    8. Somalia, where the cost of violence was more than 30 per cent of its gross domestic product in 2021. AFP
  • 9. Central African Republic, where more than 20 per cent of the population is displaced. AFP
    9. Central African Republic, where more than 20 per cent of the population is displaced. AFP
  • 10. Sudan is beset by deadly political unrest and hunger. AFP
    10. Sudan is beset by deadly political unrest and hunger. AFP
10 tips for entry-level job seekers
  • Have an up-to-date, professional LinkedIn profile. If you don’t have a LinkedIn account, set one up today. Avoid poor-quality profile pictures with distracting backgrounds. Include a professional summary and begin to grow your network.
  • Keep track of the job trends in your sector through the news. Apply for job alerts at your dream organisations and the types of jobs you want – LinkedIn uses AI to share similar relevant jobs based on your selections.
  • Double check that you’ve highlighted relevant skills on your resume and LinkedIn profile.
  • For most entry-level jobs, your resume will first be filtered by an applicant tracking system for keywords. Look closely at the description of the job you are applying for and mirror the language as much as possible (while being honest and accurate about your skills and experience).
  • Keep your CV professional and in a simple format – make sure you tailor your cover letter and application to the company and role.
  • Go online and look for details on job specifications for your target position. Make a list of skills required and set yourself some learning goals to tick off all the necessary skills one by one.
  • Don’t be afraid to reach outside your immediate friends and family to other acquaintances and let them know you are looking for new opportunities.
  • Make sure you’ve set your LinkedIn profile to signal that you are “open to opportunities”. Also be sure to use LinkedIn to search for people who are still actively hiring by searching for those that have the headline “I’m hiring” or “We’re hiring” in their profile.
  • Prepare for online interviews using mock interview tools. Even before landing interviews, it can be useful to start practising.
  • Be professional and patient. Always be professional with whoever you are interacting with throughout your search process, this will be remembered. You need to be patient, dedicated and not give up on your search. Candidates need to make sure they are following up appropriately for roles they have applied.

Arda Atalay, head of Mena private sector at LinkedIn Talent Solutions, Rudy Bier, managing partner of Kinetic Business Solutions and Ben Kinerman Daltrey, co-founder of KinFitz

TECH%20SPECS%3A%20APPLE%20WATCH%20SERIES%208
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Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
  • Option 2: 50% across three years
  • Option 3: 30% across five years 
The%20Last%20White%20Man
%3Cp%3EAuthor%3A%20Mohsin%20Hamid%C2%A0%3C%2Fp%3E%0A%3Cp%3E192%20pages%C2%A0%3C%2Fp%3E%0A%3Cp%3EPublished%20by%3A%20Hamish%20Hamilton%20(UK)%2C%20Riverhead%20Books%20(US)%3C%2Fp%3E%0A%3Cp%3ERelease%20date%3A%20out%20now%20in%20the%20US%2C%20August%2011%20(UK)%3C%2Fp%3E%0A

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.”

What the law says

Micro-retirement is not a recognised concept or employment status under Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations (as amended) (UAE Labour Law). As such, it reflects a voluntary work-life balance practice, rather than a recognised legal employment category, according to Dilini Loku, senior associate for law firm Gateley Middle East.

“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.

“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”

If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.

COMPANY%20PROFILE
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The specs: McLaren 600LT

Price, base: Dh914,000

Engine: 3.8-litre twin-turbo V8

Transmission: Seven-speed automatic

Power: 600hp @ 7,500rpm

Torque: 620Nm @ 5,500rpm

Fuel economy 12.2.L / 100km

 

 

THE BIO:

Favourite holiday destination: Thailand. I go every year and I’m obsessed with the fitness camps there.

Favourite book: Born to Run by Christopher McDougall. It’s an amazing story about barefoot running.

Favourite film: A League of their Own. I used to love watching it in my granny’s house when I was seven.

Personal motto: Believe it and you can achieve it.

The Disaster Artist

Director: James Franco

Starring: James Franco, Dave Franco, Seth Rogan

Four stars

Jigra
Director: Vasan Bala
Starring: Alia Bhatt, Vedang Raina, Manoj Pahwa, Harsh Singh
Rated: 3.5/5
Company%20profile
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THE%20SPECS
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Updated: June 15, 2022, 9:08 AM