Shamma Al Mazrui, Minister of State for Youth and a member of the UAE Golden Jubilee Committee, said the UAE is 'a nation of dreamers who do'. Courtesy: Federal Youth Authority.
Shamma Al Mazrui, Minister of State for Youth and a member of the UAE Golden Jubilee Committee, said the UAE is 'a nation of dreamers who do'. Courtesy: Federal Youth Authority.
Shamma Al Mazrui, Minister of State for Youth and a member of the UAE Golden Jubilee Committee, said the UAE is 'a nation of dreamers who do'. Courtesy: Federal Youth Authority.
Shamma Al Mazrui, Minister of State for Youth and a member of the UAE Golden Jubilee Committee, said the UAE is 'a nation of dreamers who do'. Courtesy: Federal Youth Authority.

Early Dreamers project will tell the tale of unsung heroes from the UAE's first 50 years


Patrick Ryan
  • English
  • Arabic

An initiative has been launched giving people in the UAE the opportunity to tell the stories of unsung heroes who helped shape the nation over its first 50 years.

The Early Dreamers project was announced by the UAE’s Golden Jubilee Committee in association with the Federal Youth Authority on Sunday.

This first phase lasts until June 30, when the focus will switch to "current and future dreamers".

The holy month of Ramadan is an ideal opportunity to explore these stories

“We are a nation of dreamers who do," said Shamma Al Mazrui, Minister of State for Youth and a member of the UAE Golden Jubilee Committee.

"From the early dreamers who helped build our country from the ground up, to the dreamers of today who work tirelessly to build on that foundation, to the dreamers of tomorrow, like our youth, who will one day lead our country forward.

“To celebrate the Year of the 50th, we want to hear from these dreamers. Through our Early Dreamers, we hope to give names and faces to the people whose ambitions have contributed to the UAE’s success story," Ms Al Mazrui said.

“These dreamers can be found in every household across the country.

"Hearing their stories will help us understand what it took to get to where we are today, and allow us to recognise and celebrate their contributions as we prepare for the future.”

Saeed Al Nazari, Director General of the Federal Youth Authority, urged residents to collect the stories of family and friends. Courtesy: Federal Youth Authority
Saeed Al Nazari, Director General of the Federal Youth Authority, urged residents to collect the stories of family and friends. Courtesy: Federal Youth Authority

Residents are urged to interview friends and family who they think would be suitable for the project and upload their story and pictures to the www.UAEyearof.ae website.

The project will help to bring old and young together, said Saeed Al Nazari, director general of the Federal Youth Authority.

“The Early Dreamers initiative is an ideal opportunity for young people to get acquainted with the stories of those heroes who built this country and spearheaded its development,” he said.

“It is essential that young people play a part in telling these stories; it allows them to truly grasp all that has happened in the past 50 years, and motivates them to plan the next 50 years.”

Mr Al Nazari said the objective is to create a written record of the lives of the "unsung heroes" who helped to make the UAE the country it is.

“The holy month of Ramadan is an ideal opportunity to explore these stories,” he said.

“We invite young people in the UAE – of all nationalities, cultures and religions – to make the most of the time they spend with their families to learn the stories of the first ‘Dreamers', and pass them on.”

Top moments in UAE history: in pictures

  • The Founding President, Sheikh Zayed raises the flag at Union House in Dubai, December 2, 1971, marking the unification of the UAE. Courtesy: Al Ittihad
    The Founding President, Sheikh Zayed raises the flag at Union House in Dubai, December 2, 1971, marking the unification of the UAE. Courtesy: Al Ittihad
  • The UAE dirham was launched in 1973. Pawan Singh / The National
    The UAE dirham was launched in 1973. Pawan Singh / The National
  • Sheikh Zayed and Queen Elizabeth II at the 1979 inauguration of Le Meridien Abu Dhabi. During the visit, the Queen also inaugurated Dubai World Trade Centre. Courtesy: Le Meridien
    Sheikh Zayed and Queen Elizabeth II at the 1979 inauguration of Le Meridien Abu Dhabi. During the visit, the Queen also inaugurated Dubai World Trade Centre. Courtesy: Le Meridien
  • Abu Dhabi Airport, pictured here in 2015 and designed by French architect Paul Andreu. It opened in 1982 and replaced Al Bateen. Courtesy: Abu Dhabi Airports
    Abu Dhabi Airport, pictured here in 2015 and designed by French architect Paul Andreu. It opened in 1982 and replaced Al Bateen. Courtesy: Abu Dhabi Airports
  • Emirates' first flight took off on October 25, 1985, to the Pakistani city of Karachi. Aviation would never be the same again.
    Emirates' first flight took off on October 25, 1985, to the Pakistani city of Karachi. Aviation would never be the same again.
  • The UAE football team at Giuseppe Meazza stadium in San Siro, Italy, before their World Cup Group D first round match with West Germany in 1990. It was the first time the UAE appeared at the tournament. AFP
    The UAE football team at Giuseppe Meazza stadium in San Siro, Italy, before their World Cup Group D first round match with West Germany in 1990. It was the first time the UAE appeared at the tournament. AFP
  • Sheikh Rashid bin Saeed, Ruler of Dubai. Sheikh Rashid was known as the father of modern Dubai and passed away in 1990. Keystone Features / Hulton Archive / Getty Images
    Sheikh Rashid bin Saeed, Ruler of Dubai. Sheikh Rashid was known as the father of modern Dubai and passed away in 1990. Keystone Features / Hulton Archive / Getty Images
  • Sheikh Zayed reviews UAE troops who took part in Operation Desert Storm in Kuwait, 1991. Courtesy: Al Ittihad
    Sheikh Zayed reviews UAE troops who took part in Operation Desert Storm in Kuwait, 1991. Courtesy: Al Ittihad
  • The Burj Al Arab being built in January 1996. The hotel opened a few years later.
    The Burj Al Arab being built in January 1996. The hotel opened a few years later.
  • Police control crowds at the funeral for Sheikh Zayed in 2004. Rabih Moghrabi / AFP
    Police control crowds at the funeral for Sheikh Zayed in 2004. Rabih Moghrabi / AFP
  • Sheikh Zayed Grand Mosque was completed in 2007. Ali Hassan / Anadolu Agency / Getty Images
    Sheikh Zayed Grand Mosque was completed in 2007. Ali Hassan / Anadolu Agency / Getty Images
  • Burj Khalifa a year before it opened in 2010. Jeffrey E Biteng / The National
    Burj Khalifa a year before it opened in 2010. Jeffrey E Biteng / The National
  • Sheikh Abdullah bin Zayed, Minister of Foreign Affairs and International Cooperation, and the UAE delegates celebrate winning the Expo 2020 bid for Dubai in Paris in 2013. Antoine Antoniol / Getty Images
    Sheikh Abdullah bin Zayed, Minister of Foreign Affairs and International Cooperation, and the UAE delegates celebrate winning the Expo 2020 bid for Dubai in Paris in 2013. Antoine Antoniol / Getty Images
  • Pope Francis arrives to lead a mass at Zayed Sport City Stadium in Abu Dhabi, 2019. It was the first papal visit to the country. EPA
    Pope Francis arrives to lead a mass at Zayed Sport City Stadium in Abu Dhabi, 2019. It was the first papal visit to the country. EPA
  • Hundreds of thousands of people attended the mass. Chris Whiteoak / The National
    Hundreds of thousands of people attended the mass. Chris Whiteoak / The National
  • Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai and Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces celebrate with staff at Mohammed Bin Rashid Space Centre after Hope enters the orbit of Mars in February, 2021. Rashid Al Mansoori / Ministry of Presidential Affairs
    Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai and Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces celebrate with staff at Mohammed Bin Rashid Space Centre after Hope enters the orbit of Mars in February, 2021. Rashid Al Mansoori / Ministry of Presidential Affairs
Emergency

Director: Kangana Ranaut

Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry 

Rating: 2/5

PROFILE OF HALAN

Started: November 2017

Founders: Mounir Nakhla, Ahmed Mohsen and Mohamed Aboulnaga

Based: Cairo, Egypt

Sector: transport and logistics

Size: 150 employees

Investment: approximately $8 million

Investors include: Singapore’s Battery Road Digital Holdings, Egypt’s Algebra Ventures, Uber co-founder and former CTO Oscar Salazar

 

 

UAE currency: the story behind the money in your pockets
Tips for avoiding trouble online
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In numbers: China in Dubai

The number of Chinese people living in Dubai: An estimated 200,000

Number of Chinese people in International City: Almost 50,000

Daily visitors to Dragon Mart in 2018/19: 120,000

Daily visitors to Dragon Mart in 2010: 20,000

Percentage increase in visitors in eight years: 500 per cent

Most sought after workplace benefits in the UAE
  • Flexible work arrangements
  • Pension support
  • Mental well-being assistance
  • Insurance coverage for optical, dental, alternative medicine, cancer screening
  • Financial well-being incentives 
Stuck in a job without a pay rise? Here's what to do

Chris Greaves, the managing director of Hays Gulf Region, says those without a pay rise for an extended period must start asking questions – both of themselves and their employer.

“First, are they happy with that or do they want more?” he says. “Job-seeking is a time-consuming, frustrating and long-winded affair so are they prepared to put themselves through that rigmarole? Before they consider that, they must ask their employer what is happening.”

Most employees bring up pay rise queries at their annual performance appraisal and find out what the company has in store for them from a career perspective.

Those with no formal appraisal system, Mr Greaves says, should ask HR or their line manager for an assessment.

“You want to find out how they value your contribution and where your job could go,” he says. “You’ve got to be brave enough to ask some questions and if you don’t like the answers then you have to develop a strategy or change jobs if you are prepared to go through the job-seeking process.”

For those that do reach the salary negotiation with their current employer, Mr Greaves says there is no point in asking for less than 5 per cent.

“However, this can only really have any chance of success if you can identify where you add value to the business (preferably you can put a monetary value on it), or you can point to a sustained contribution above the call of duty or to other achievements you think your employer will value.”

 

Classification of skills

A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation. 

A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.

The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000. 

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 World Cup squad

Eoin Morgan (capt), Moeen Ali, Jofra Archer, Jonny Bairstow, Jos Buttler (wkt), Tom Curran, Liam Dawson, Liam Plunkett, Adil Rashid, Joe Root, Jason Roy, Ben Stokes, James Vince, Chris Woakes, Mark Wood

57%20Seconds
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Brief scoreline:

Wales 1

James 5'

Slovakia 0

Man of the Match: Dan James (Wales)