Greater options away from home



The Egyptian community in the UAE is thriving, and makes up nearly four per cent of the country's population. Some of them come to save for their futures back home - but others need to take care of more pressing obligations. Kareem Shaheen reports From the early days of the union, Egyptians have flocked to the Emirates. Partially, this was due to an accident of history. In 1971, the same year the UAE was founded, Egypt amended its constitution to enshrine the right of people to "emigrate and return to the nation", lifting past restrictions on emigration.

Over the next five years, the number of Egyptian expatriates exploded; from 70,000 in 1971 to about 1.4 million. The oil shock brought on by the Arab-Israeli War in 1973 also brought unparalleled wealth and large development projects to the oil-rich Gulf states, necessitating outside expertise. Many Egyptians found a second home here even as other countries in the region slammed the door shut on them in protest against the foreign policies of their then-president, Anwar Sadat, which included establishing diplomatic relations with Israel.

The Egyptian expatriate community thrived in the Emirates. This month, the Ministry of Manpower and Emigration in Cairo estimated the number of Egyptians working in the UAE at about 225,000, or almost four per cent of the Emirates' total population. Because the ministry's statistics do not include seasonal workers, who are not counted in the official statistics, or illegal immigrants, the actual figure is probably higher.

Many of them work in construction, banking, as well as as doctors and teachers, and in the tourism industry. Most of them live in Abu Dhabi, Dubai and Sharjah. Some are here to create a financial base that can help shield them from a potentially tumultuous future. Most also work for their families back home those who stayed behind, and made do with less, so their children could leave and work abroad.

They usually provide for their family's education, health care and housing. Many also feel the situation is getting worse in Egypt, that the prospects of the country's many young people are dimming. Some are simply happy to have a job in the midst of the worst economic crisis in decades. Their contributions are a big boost for the Egyptian economy. In 2008, Egyptians around the world remitted US$8.7 billion (Dh32bn), or almost two per cent of the country's GDP, according to the World Bank.

While the figure has fallen to about $7.8bn as a result of the global financial crisis, according to November figures, remittances seem set to remain an integral part of the Egyptian economy. The World Bank expects the decline to slow as the economy recovers. @Email:kshaheen@thenational.ae

KEY DATES IN AMAZON'S HISTORY

July 5, 1994: Jeff Bezos founds Cadabra Inc, which would later be renamed to Amazon.com, because his lawyer misheard the name as 'cadaver'. In its earliest days, the bookstore operated out of a rented garage in Bellevue, Washington

July 16, 1995: Amazon formally opens as an online bookseller. Fluid Concepts and Creative Analogies: Computer Models of the Fundamental Mechanisms of Thought becomes the first item sold on Amazon

1997: Amazon goes public at $18 a share, which has grown about 1,000 per cent at present. Its highest closing price was $197.85 on June 27, 2024

1998: Amazon acquires IMDb, its first major acquisition. It also starts selling CDs and DVDs

2000: Amazon Marketplace opens, allowing people to sell items on the website

2002: Amazon forms what would become Amazon Web Services, opening the Amazon.com platform to all developers. The cloud unit would follow in 2006

2003: Amazon turns in an annual profit of $75 million, the first time it ended a year in the black

2005: Amazon Prime is introduced, its first-ever subscription service that offered US customers free two-day shipping for $79 a year

2006: Amazon Unbox is unveiled, the company's video service that would later morph into Amazon Instant Video and, ultimately, Amazon Video

2007: Amazon's first hardware product, the Kindle e-reader, is introduced; the Fire TV and Fire Phone would come in 2014. Grocery service Amazon Fresh is also started

2009: Amazon introduces Amazon Basics, its in-house label for a variety of products

2010: The foundations for Amazon Studios were laid. Its first original streaming content debuted in 2013

2011: The Amazon Appstore for Google's Android is launched. It is still unavailable on Apple's iOS

2014: The Amazon Echo is launched, a speaker that acts as a personal digital assistant powered by Alexa

2017: Amazon acquires Whole Foods for $13.7 billion, its biggest acquisition

2018: Amazon's market cap briefly crosses the $1 trillion mark, making it, at the time, only the third company to achieve that milestone

Directed by: Craig Gillespie

Starring: Emma Stone, Emma Thompson, Joel Fry

4/5

Mercedes V250 Avantgarde specs

Engine: 2.0-litre in-line four-cylinder turbo

Gearbox: 7-speed automatic

Power: 211hp at 5,500rpm

Torque: 350Nm

Fuel economy, combined: 6.0 l/100 km

Price: Dh235,000

MEDIEVIL (1998)

Developer: SCE Studio Cambridge
Publisher: Sony Computer Entertainment
Console: PlayStation, PlayStation 4 and 5
Rating: 3.5/5

The 12 breakaway clubs

England

Arsenal, Chelsea, Liverpool, Manchester City, Manchester United, Tottenham Hotspur

Italy
AC Milan, Inter Milan, Juventus

Spain
Atletico Madrid, Barcelona, Real Madrid

Russia's Muslim Heartlands

Dominic Rubin, Oxford

EMIRATES'S REVISED A350 DEPLOYMENT SCHEDULE

Edinburgh: November 4 (unchanged)

Bahrain: November 15 (from September 15); second daily service from January 1

Kuwait: November 15 (from September 16)

Mumbai: January 1 (from October 27)

Ahmedabad: January 1 (from October 27)

Colombo: January 2 (from January 1)

Muscat: March 1 (from December 1)

Lyon: March 1 (from December 1)

Bologna: March 1 (from December 1)

Source: Emirates

THE SPECS

Range Rover Sport Autobiography Dynamic

Engine: 5.0-litre supercharged V8

Transmission: six-speed manual

Power: 518bhp

Torque: 625Nm

Speed: 0-100kmh 5.3 seconds

Price: Dh633,435

On sale: now

Living in...

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.

Living in...

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.

The years Ramadan fell in May

1987

1954

1921

1888

COMPANY PROFILE

Company name: Revibe
Started: 2022
Founders: Hamza Iraqui and Abdessamad Ben Zakour
Based: UAE
Industry: Refurbished electronics
Funds raised so far: $10m
Investors: Flat6Labs, Resonance and various others


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