Aspiring businesswomen Muna Walid, left, and Noor Askar display their offerings.
Aspiring businesswomen Muna Walid, left, and Noor Askar display their offerings.
Aspiring businesswomen Muna Walid, left, and Noor Askar display their offerings.
Aspiring businesswomen Muna Walid, left, and Noor Askar display their offerings.

Aspiring entrepreneurs explore Emirati heritage


  • English
  • Arabic

DUBAI // More than 800 aspiring young business people took part in a contest to showcase ideas and dreams that they hope will make them tomorrow's leaders.

Most of the projects were aimed at boosting the image of the nation and included UAE-shaped puzzles, custom-made T-shirts emblazoned with quotes from the country's rulers, and board games.

The week-long Young Entrepreneur Competition, sponsored by the Department of Economic Development (DED), encouraged young people aged between 15 and 25 to start a business.

To prepare for the challenge, each student took part last weekend in a two-hour workshop on product marketing and store operation in either Arabic or English at the DED's office in Business Village.

Muna Walid, a 21-year-old Emirati graduate of Ras al Khaimah Women's College, said the experience improved her communication skills.

"I used to be very shy but I can communicate with people now - men, foreigners. And I also speak a bit of Hindi, so that's improved too," she said.

Ms Walid and her business partner, Noor Askar, a 25-year-old Emirati, made traditional Arabic dresses called Jellabiya as well as hair clips, dresses and frocks for children.

"We make it ourselves, from the designs to the stitching," said Ms Askar, who hopes to expand her business into a small company.

"It's a fun hobby but I want to contribute to society, because as locals it's important to have our own business that can improve the community in the UAE."

Sultan al Aqili, an 18-year-old Emirati student at Al Ittihad Private School Jumeirah in Dubai, sells notebooks on which he prints educational quotes, in Arabic and English, by Sheikh Mohammed bin Rashid, Vice President of the UAE and Ruler of Dubai.

The books are adorned with quotes such as: "We should always be practical, realistic and optimistic" and "To dream of the future is one of the most beautiful things in life".

"When I walked into a grocery store once, I noticed kids going toward Spider-Man and Superman notebooks, but they can't learn anything from them," he said.

"It's all about education and the future, so children can learn from these notebooks, and I sold a lot of them during the first day of the exhibition."

Through his company, The Notebook, Mr al Aqili donates Dh1 for every notebook bought to Dubai Cares, a charity that provides children with access to primary education. "It's really important for less fortunate kids to be able to get education."

Nisrin Mohammed Safar, the general co-ordinator of the competition, said this year's projects focused on special needs and charities, adding that she believed the initiative could allow the students to become tomorrow's leaders by empowering them.

The top 10 projects will be announced in April and the winners will receive trophies and certificates.

MATCH INFO

Everton 0

Manchester City 2 (Laporte 45 2', Jesus 90 7')

Springsteen: Deliver Me from Nowhere

Director: Scott Cooper

Starring: Jeremy Allen White, Odessa Young, Jeremy Strong

Rating: 4/5

THE DETAILS

Deadpool 2

Dir: David Leitch

Starring: Ryan Reynolds, Josh Brolin, Justin Dennison, Zazie Beetz

Four stars

Personalities on the Plate: The Lives and Minds of Animals We Eat

Barbara J King, University of Chicago Press 

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What can victims do?

Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

Report to local authorities

Warn others to prevent further harm

Courtesy: Crystal Intelligence

Dust and sand storms compared

Sand storm

  • Particle size: Larger, heavier sand grains
  • Visibility: Often dramatic with thick "walls" of sand
  • Duration: Short-lived, typically localised
  • Travel distance: Limited 
  • Source: Open desert areas with strong winds

Dust storm

  • Particle size: Much finer, lightweight particles
  • Visibility: Hazy skies but less intense
  • Duration: Can linger for days
  • Travel distance: Long-range, up to thousands of kilometres
  • Source: Can be carried from distant regions
Naga
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The specs

Price, base / as tested Dh960,000
Engine 3.9L twin-turbo V8 
Transmission Seven-speed dual-clutch automatic
Power 661hp @8,000rpm
Torque 760Nm @ 3,000rpm
Fuel economy, combined 11.4L / 100k

Healthy tips to remember

Here, Dr Mohamed El Abiary, paediatric consultant at Al Zahra Hospital Dubai, shares some advice for parents whose children are fasting during the holy month of Ramadan:

Gradual fasting and golden points - For children under the age of 10, follow a step-by-step approach to fasting and don't push them beyond their limits. Start with a few hours fasting a day and increase it to a half fast and full fast when the child is ready. Every individual's ability varies as per the age and personal readiness. You could introduce a points system that awards the child and offers them encouragement when they make progress with the amount of hours they fast

Why fast? - Explain to your child why they are fasting. By shedding light on the importance of abstaining from food and drink, children may feel more encouraged to give it there all during the observance period. It is also a good opportunity to teach children about controlling urges, doing good for others and instilling healthy food habits

Sleep and suhoor - A child needs adequate sleep every night - at least eight hours. Make sure to set a routine early bedtime so he/she has sufficient time to wake up for suhoor, which is an essential meal at the beginning of the day

Good diet - Nutritious food is crucial to ensuring a healthy Ramadan for children. They must refrain from eating too much junk food as well as canned goods and snacks and drinks high in sugar. Foods that are rich in nutrients, vitamins and proteins, like fruits, fresh meats and vegetables, make for a good balanced diet

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The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
  • Torque: 760nm
  • On sale: 2026
  • Price: Not announced yet
Four reasons global stock markets are falling right now

There are many factors worrying investors right now and triggering a rush out of stock markets. Here are four of the biggest:

1. Rising US interest rates

The US Federal Reserve has increased interest rates three times this year in a bid to prevent its buoyant economy from overheating. They now stand at between 2 and 2.25 per cent and markets are pencilling in three more rises next year.

Kim Catechis, manager of the Legg Mason Martin Currie Global Emerging Markets Fund, says US inflation is rising and the Fed will continue to raise rates in 2019. “With inflationary pressures growing, an increasing number of corporates are guiding profitability expectations downwards for 2018 and 2019, citing the negative impact of rising costs.”

At the same time as rates are rising, central bankers in the US and Europe have been ending quantitative easing, bringing the era of cheap money to an end.

2. Stronger dollar

High US rates have driven up the value of the dollar and bond yields, and this is putting pressure on emerging market countries that took advantage of low interest rates to run up trillions in dollar-denominated debt. They have also suffered capital outflows as international investors have switched to the US, driving markets lower. Omar Negyal, portfolio manager of the JP Morgan Global Emerging Markets Income Trust, says this looks like a buying opportunity. “Despite short-term volatility we remain positive about long-term prospects and profitability for emerging markets.” 

3. Global trade war

Ritu Vohora, investment director at fund manager M&G, says markets fear that US President Donald Trump’s spat with China will escalate into a full-blown global trade war, with both sides suffering. “The US economy is robust enough to absorb higher input costs now, but this may not be the case as tariffs escalate. However, with a host of factors hitting investor sentiment, this is becoming a stock picker’s market.”

4. Eurozone uncertainty

Europe faces two challenges right now in the shape of Brexit and the new populist government in eurozone member Italy.

Chris Beauchamp, chief market analyst at IG, which has offices in Dubai, says the stand-off between between Rome and Brussels threatens to become much more serious. "As with Brexit, neither side appears willing to step back from the edge, threatening more trouble down the line.”

The European economy may also be slowing, Mr Beauchamp warns. “A four-year low in eurozone manufacturing confidence highlights the fact that producers see a bumpy road ahead, with US-EU trade talks remaining a major question-mark for exporters.”

if you go
GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

The%C2%A0specs%20
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Smart words at Make Smart Cool

Make Smart Cool is not your usual festival. Dubbed “edutainment” by organisers Najahi Events, Make Smart Cool aims to inspire its youthful target audience through a mix of interactive presentation by social media influencers and a concert finale featuring Example with DJ Wire. Here are some of the speakers sharing their inspiration and experiences on the night.
Prince Ea
With his social media videos accumulating more half a billion views, the American motivational speaker is hot on the college circuit in the US, with talks that focus on the many ways to generate passion and motivation when it comes to learning.
Khalid Al Ameri
The Emirati columnist and presenter is much loved by local youth, with writings and presentations about education, entrepreneurship and family balance. His lectures on career and personal development are sought after by the education and business sector.
Ben Ouattara
Born to an Ivorian father and German mother, the Dubai-based fitness instructor and motivational speaker is all about conquering fears and insecurities. His talk focuses on the need to gain emotional and physical fitness when facing life’s challenges. As well managing his film production company, Ouattara is one of the official ambassadors of Dubai Expo2020.

UAE currency: the story behind the money in your pockets