Outstanding UAE pupils and students have been rewarded with golden visas after earning top marks in their final-year exams.
The renewable 10-year permits were granted to the best-performing pupils at public schools and universities this year as part of the UAE's efforts to harness the potential of the brightest young minds, state news agency Wam reported on Monday.
Maj Gen Suhail Al Khaili, director general of the Federal Authority for Identity, Citizenship, Customs and Port Security, offered his congratulations to the high achievers and called on the next generation to play a leading role in the progress of society.
The number of pupils and students securing the golden visa was not disclosed.
The UAE first announced plans to honour its best pupils and students with golden visas in 2021.
It was revealed that high school pupils who achieved 95 per cent or more on their exams would receive visas for themselves and their immediate family.
The UAE government said that the move was a show of “appreciation of the efforts of outstanding students and their families, and within the framework of the UAE government's direction to create an attractive and encouraging environment for talented people”.
On Sunday, Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, spoke with the UAE's top performer in public school exams by phone.
He praised Yasmine Mahmoud Abdullah for securing first place in the “elite track” of the country's public education system in a message on Twitter.
Sheikh Mohammed shared a recording of his phone conversation with the pupil, who attends Rashidiya School, Dubai.
He also thanked school leaders and teachers for their efforts in shaping young minds.
“We congratulate all the graduates and all the mothers and fathers,” Sheikh Mohammed said.
“We congratulate the homeland for this batch of sons and daughters and pray to God to grant them success and protect them.
“I also thank the teachers and all those in charge of the education sector for their dedication during the school year, and we are optimistic about a better and more beautiful academic year ahead, God willing.”
Previous men's records
- 2:01:39: Eliud Kipchoge (KEN) on 16/9/19 in Berlin
- 2:02:57: Dennis Kimetto (KEN) on 28/09/2014 in Berlin
- 2:03:23: Wilson Kipsang (KEN) on 29/09/2013 in Berlin
- 2:03:38: Patrick Makau (KEN) on 25/09/2011 in Berlin
- 2:03:59: Haile Gebreselassie (ETH) on 28/09/2008 in Berlin
- 2:04:26: Haile Gebreselassie (ETH) on 30/09/2007 in Berlin
- 2:04:55: Paul Tergat (KEN) on 28/09/2003 in Berlin
- 2:05:38: Khalid Khannouchi (USA) 14/04/2002 in London
- 2:05:42: Khalid Khannouchi (USA) 24/10/1999 in Chicago
- 2:06:05: Ronaldo da Costa (BRA) 20/09/1998 in Berlin
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Produced Ashutosh Gowariker, Rohit Shelatkar, Reliance Entertainment
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Winners: Dubai Hurricanes
Runners up: Bahrain
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Runners up: UAE Premiership
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Our legal consultant
Name: Dr Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
BULKWHIZ PROFILE
Date started: February 2017
Founders: Amira Rashad (CEO), Yusuf Saber (CTO), Mahmoud Sayedahmed (adviser), Reda Bouraoui (adviser)
Based: Dubai, UAE
Sector: E-commerce
Size: 50 employees
Funding: approximately $6m
Investors: Beco Capital, Enabling Future and Wain in the UAE; China's MSA Capital; 500 Startups; Faith Capital and Savour Ventures in Kuwait
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Friday (UAE kick-off times)
Levante v Real Mallorca (12am)
Leganes v Barcelona (4pm)
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Real Madrid v Real Sociedad (12am)
Espanyol v Getafe (3pm)
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Monday
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When: The one-off Test starts on Friday, May 11
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TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.
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This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
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Young women have more “financial grit”, but fall behind on investing
In an October survey of young adults aged 16 to 25, Charles Schwab found young women are more driven to reach financial independence than young men (67 per cent versus. 58 per cent). They are more likely to take on extra work to make ends meet and see more value than men in creating a plan to achieve their financial goals. Yet, despite all these good ‘first’ measures, they are investing and saving less than young men – falling early into the financial gender gap.
While the women surveyed report spending 36 per cent less than men, they have far less savings than men ($1,267 versus $2,000) – a nearly 60 per cent difference.
In addition, twice as many young men as women say they would invest spare cash, and almost twice as many young men as women report having investment accounts (though most young adults do not invest at all).
“Despite their good intentions, young women start to fall behind their male counterparts in savings and investing early on in life,” said Carrie Schwab-Pomerantz, senior vice president, Charles Schwab. “They start off showing a strong financial planning mindset, but there is still room for further education when it comes to managing their day-to-day finances.”
Ms Schwab-Pomerantz says parents should be conveying the same messages to boys and girls about money, but should tailor those conversations based on the individual and gender.
"Our study shows that while boys are spending more than girls, they also are saving more. Have open and honest conversations with your daughters about the wage and savings gap," she said. "Teach kids about the importance of investing – especially girls, who as we see in this study, aren’t investing as much. Part of being financially prepared is learning to make the most of your money, and that means investing early and consistently."
