Do you want a robot to write your obituary?
As we sit on the edge of a new age poised to disrupt not just media, but everything, it is worth asking yourself: what do you want from what is still to come? What do you not want to lose?
Because to look ahead 15 years, to 2038, we really need only examine one influence: artificial intelligence.
“AI will disrupt every industry within the next decade,” says strategy consultancy the Future Today Institute.
“Like the steam engine and the internet before it, AI has the potential to influence entire economies and to alter society through political, economic and social structures. AI is now used across most industries, solving business problems, detecting fraud,
improving crop yields, managing supply chains, recommending products and assisting designers and writers in creative work.”
Over two thirds said AI would have the biggest impact on business in a survey of media executives released this month by the World Association of News Publishers.
Of course, those of us who work in media are no stranger to upheaval.
A rise in literacy made the town crier obsolete centuries ago, in what began a long tradition of disruption within the industry. Each new phenomenon – radio, television, the internet – brought a complex web of challenges and opportunities.
AI is both no different and wildly different from these previous disruptors.
In interviews with futurists, technologists and academics, themes emerged for where major potential lies when it comes to AI and the media: content generation, personalisation and, that bedrock of journalism, the pursuit of truth.
Game changer
Ray Johnson, chief executive of Abu Dhabi’s applied research hub the Technology Innovation Institute, is optimistic when it comes to AI’s influence over the media business.
“The media industry and journalism are certainly going to witness immense change,” he told The National.
“Generative AI and large language models, such as ChatGPT, as well as Noor and Falcon – TII’s Arabic and English LLMs – are changing how we generate content.”
TII’s Noor, the world’s largest Arabic NLP model, composed an entire article in Arabic, which was then published by Arabic-language newspaper Al Ittihad.
In addition to content generation, “one of AI’s strengths is crunching lots of data at high speed and high accuracy”, Mr Johnson said, meaning it can be a powerful tool for fact checking and identifying errors.
“The more it reviews, the more it learns, and the better it gets at doing the task.”
Bringing AI into the newsroom can help the editorial side as well as the business side of media.
“AI and machine learning can also support the newspaper industry with advanced analytics helping media houses tailor their content,” Mr Johnson said.
“They will gain valuable insights from analysing customer data to tailor advertisements and personalise news feeds for readers to keep them engaged, boost subscribers and maximise revenue.
“Overall, AI presents the newspaper industry with a huge opportunity to better engage its readers, offer a more personalised experience and make efficiency savings across its operations.”
Fake news
The rise of “fake news” and the negative impact the phenomenon has on individuals and societies is a key research area at Abu Dhabi’s dedicated AI university.
“We anticipate that the trend of digital news consumption will continue to grow in the next 15 years, and producers of fake and misleading content will inevitably seek to use AI-based systems to help them to produce such content quickly and at scale,” Preslav Nakov, a professor of natural language processing at Mohamed bin Zayed University of Artificial Intelligence, told The National.
AI will help media organisations detect fake news and assist human fact-checkers, he said.
To do this, AI systems can be trained to detect fake news based on word choice and sentence structure, the content’s origins, if it came from a website known to be a common source of fake news and by identifying who is spreading it on social media.
“In this way, AI-based systems can move rapidly enough to detect potentially fake news and to alert human fact-checkers before the content goes viral,” Prof Nakov said.
“By learning to find the most common sources of fake news rapidly, AI will technically be able to halt it at the source by flagging domains that should be blocked or flagged as originators of fake and malign content. Similarly, AI will play an important role in detecting deep-fake videos, which will pose an increasing risk of misleading the public in the coming years.
“While media outlets in the coming decades can also deploy AI for a range of tasks, from filtering large data sets through machine learning, to detecting breaking news events across social media, using AI to root out fake news and content will continue to
be a key priority for media outlets to maintain credibility with consumers.”
Next-Gen
Slavica Ceperkovic, a visiting professor of interactive media at New York University Abu Dhabi, has a front row seat to how media is changing. Her students – who are learning to build new worlds in augmented and virtual reality – are adapting fast to this changing technological landscape, using online AI tools such as Notion and Discord to organise their work and what they are learning, she told The National.
They often attempt to multitask, sitting in class with at least one AirPod in their ear.
And they don’t discriminate when it comes to the medium their information comes in – though short-form video, as seen with the meteoric rise of TikTok, is having a moment of popularity.
Will it last? Prof Ceperkovic doesn’t think so.
Looking ahead to 2038 is “a design fiction” because the rate of change is just too fast, she said.
For now, VR gear – the headsets we don to go into virtual worlds – is a one-way mechanism to take in media. And that may be its fatal flaw.
It lacks the keyboard and camera our smartphones are equipped with, allowing any one of us to become broadcasters at any moment.
This puts the smartphone at an advantage in the future of media: it is a two-way mechanism for both taking in and capturing content. This makes it a powerful, durable, tool and leaves a future of mixed reality media at a potential disadvantage when it comes to adoption, she said.
What’s (really) next?
Patrick Noack, the executive director of future foresight and imagination at the Dubai Future Foundation, sees a booming content verification business that ensures the written word is coming from humans and is accurate, supported by technological advances.
“The best verifiers – used by the best newspapers – will be fiercely independent,” he told The National.
And this leaves room for something a bit less serious.
“Not all readers will want this: some outlets will provide entertainment, sensationalism, mindlessly satisfying content,” he said.
“Others will follow a more narrow and segmented purposed remit which may be laser-like focused on civic education, long-form reporting, opinion pieces, graphic novels or sports.
“In future, like in the past, catch-all papers that try to cover everything will struggle: several free London printed papers have folded because they were too similar, too catch-all and wasteful.”
And finally, it wouldn’t be a story about the future of media without someone predicting the death of print.
Mr Noack is willing to make the leap.
“Printed newspapers are likely to disappear and be wholly replaced by digital delivery,” he said.
And while this won’t happen by 2038, he said rest assured: your verified newspaper will someday be delivered at “precisely the instant your morning coffee is ready: straight to your brain via neural interfaces”.
We’ll see if it’s a robot that has written the obit section.
Mohammed bin Zayed Majlis
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.”
England's all-time record goalscorers:
Wayne Rooney 53
Bobby Charlton 49
Gary Lineker 48
Jimmy Greaves 44
Michael Owen 40
Tom Finney 30
Nat Lofthouse 30
Alan Shearer 30
Viv Woodward 29
Frank Lampard 29
Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
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
Brief scoreline:
Liverpool 2
Mane 51', Salah 53'
Chelsea 0
Man of the Match: Mohamed Salah (Liverpool)
Indoor Cricket World Cup Dubai 2017
Venue Insportz, Dubai; Admission Free
Fixtures - Open Men 2pm: India v New Zealand, Malaysia v UAE, Singapore v South Africa, Sri Lanka v England; 8pm: Australia v Singapore, India v Sri Lanka, England v Malaysia, New Zealand v South Africa
Fixtures - Open Women Noon: New Zealand v England, UAE v Australia; 6pm: England v South Africa, New Zealand v Australia
UAE Rugby finals day
Games being played at The Sevens, Dubai
2pm, UAE Conference final
Dubai Tigers v Al Ain Amblers
4pm, UAE Premiership final
Abu Dhabi Harlequins v Jebel Ali Dragons
AGUERO'S PREMIER LEAGUE RECORD
Apps: 186
Goals: 127
Assists: 31
Wins: 117
Losses: 33
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
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Dubai Bling season three
Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed
Rating: 1/5
Company%20Profile
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Persuasion
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UAE currency: the story behind the money in your pockets
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The End of Loneliness
Benedict Wells
Translated from the German by Charlotte Collins
Sceptre
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UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
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The specs
Engine: 3.6 V6
Transmission: 8-speed auto
Power: 295bhp
Torque: 353Nm
Price: Dh155,000
On sale: now
Company profile
Name: Fruitful Day
Founders: Marie-Christine Luijckx, Lyla Dalal AlRawi, Lindsey Fournie
Based: Dubai, UAE
Founded: 2015
Number of employees: 30
Sector: F&B
Funding so far: Dh3 million
Future funding plans: None at present
Future markets: Saudi Arabia, potentially Kuwait and other GCC countries
THE BIO: Martin Van Almsick
Hometown: Cologne, Germany
Family: Wife Hanan Ahmed and their three children, Marrah (23), Tibijan (19), Amon (13)
Favourite dessert: Umm Ali with dark camel milk chocolate flakes
Favourite hobby: Football
Breakfast routine: a tall glass of camel milk
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
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A little about CVRL
Founded in 1985 by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, the Central Veterinary Research Laboratory (CVRL) is a government diagnostic centre that provides testing and research facilities to the UAE and neighbouring countries.
One of its main goals is to provide permanent treatment solutions for veterinary related diseases.
The taxidermy centre was established 12 years ago and is headed by Dr Ulrich Wernery.
Washmen Profile
Date Started: May 2015
Founders: Rami Shaar and Jad Halaoui
Based: Dubai, UAE
Sector: Laundry
Employees: 170
Funding: about $8m
Funders: Addventure, B&Y Partners, Clara Ventures, Cedar Mundi Partners, Henkel Ventures
UAE currency: the story behind the money in your pockets
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