"What other societies took centuries to do, the UAE has achieved at hyper-speed," Jihad Hashim Brown says.
"What other societies took centuries to do, the UAE has achieved at hyper-speed," Jihad Hashim Brown says.

Hyper-speed achievements bring with them responsibility



ABU DHABI // Jihad Hashim Brown, 39, is a man who deals in ideas. Through his work at the Tabah Foundation, where he is director of research, overseeing the writing of reports intended to create a balanced Islamic dialogue in a rapidly changing social and cultural environment, he maintains that actions are nothing without corresponding ideas.

"Actions are empty in and of themselves," he says. "It is what we infuse within them which brings them to life." He reiterated this point by quoting Ibn Attar, a famous Moroccan scholar, who once said: "Actions are like upright forms and their life is the secret of sincerity within them." The point was, it was not the physical expansion of infrastructure over the last decade in the Emirates that mattered most, but rather the way in which the new buildings have and will be filled.

"When you mention the name Abu Dhabi, it conjures up an image of Promethean infrastructure expansion that is undoubtedly an incredible achievement for the Emirates," Mr Brown says. "But the real change has come from the life that is given to them by what is put inside them. "Abu Dhabi has a wider vision than just the skyscrapers it has built. The aim is to expose people to other experiences and other projects. It is amazing that we will be able to visit a branch of the Guggenheim and Le Louvre within the Middle East but even more so to see it in conversation with other forms of regional art that will give meaning and depth to the culture here."

Mr Brown, originally from America, has lived in the region for 20 years. In 1989 he moved to Damascus to study Arabic grammar and Islamic theology and there he started his family. In 2004, he, his wife and four children moved to Abu Dhabi, where Mr Brown eventually took up his post at the Tabah Foundation a non-profit organisation that advises the Islamic community on a modern and engaging discourse and is committed to training new scholars.

In addition to advancing the Islamic community, Mr Brown also expanded his own family in the UAE; his fifth child was born in the capital. "Abu Dhabi seemed like such a welcoming place with a very peaceful environment," he said. "Plus the Emiratis I knew were very gentle and thoughtful people." It was important for his American children to receive a more international education, he said. "My three daughters speak fluent Syrian Arabic and I am trying to teach them the classical Arabic at home," he said.

"My two sons, the youngest children, speak much less Arabic now they are living here, but will benefit from a more international education." Over the time Mr Brown has been in the Emirates, he has witnessed a great deal of change. "What other societies took centuries to do, the UAE has achieved at hyper-speed, and it has thrown large sections of society into culture shock," he said. Mr Brown cited education, the arts, the diversification of assets beyond natural oil and gas resources and the investment into human capital as some of the best things to come out of the decade.

"The fact young people are being selected from families and sent abroad for education is very important to the improvement of the country," he said. "In the future it will be beneficial to push young Emiratis to stay overseas for more time and to bring their worldly experience back home." The result of these rapid changes, he said, is that Abu Dhabi and the UAE are being thrust into the regional and international spotlight. With that comes the responsibility of leadership, he said.

"In the Muslim tradition we have an understanding that with material success comes a moral responsibility," he said. "Abu Dhabi and the UAE are household names now; people are watching." Mr Brown stressed that this was not a philanthropic duty, because the Emirates and Sheikh Zayed were doing a lot for those less privileged a long time before the rapid physical expansion. What the Emirates must show, he said, is regional, international and domestic leadership.

"On a regional level, the UAE can now demonstrate to the rest of the Middle East the possibilities of good governance," he said. "They can also take the lead in showing the region how to move forward culturally whilst maintaining continuity. "Rather than importing foreign culture they can augment and add value to the story of the Middle East. "Internationally they are uniquely placed to promote respect for the Arab Muslim identity and can take leadership on how to use wealth in harmony with the environment and social justice."

In the centre of a much more globalised world, the UAE could set a "new leadership model", he said, and contribute towards peace in the Middle East by advocating fair treatment for all. Within the country, the UAE has progressed with a very steep learning curve, he said, and the future has been about sustainability. "The Emirates has an ambition to be a great nation and great nations are built on great souls, not just great minds," he said.

"A human being is made up of mind, body and soul, and I believe Emiratis have a consciousness of that. The challenge of the future will be how to integrate that into the rest of the rapidly developing country. "Just as we can't have the famine of the body neither can we have one of the mind or the soul. We need to keep on our toes as we continue to expand and work on a holistic vision of reality. "These are the things we need to work on as the expansion of the country continues."

@Email:aseaman@thenational.ae

MATCH INFO

Manchester City 3 (Sterling 46', De Bruyne 65', Gundogan 70')

Aston Villa 0

Red card: Fernandinho (Manchester City)

Man of the Match: Raheem Sterling (Manchester City)

MATCH INFO

Uefa Champions League, last-16. first leg

Atletico Madrid v Juventus, midnight (Thursday), BeIN Sports

Volvo ES90 Specs

Engine: Electric single motor (96kW), twin motor (106kW) and twin motor performance (106kW)

Power: 333hp, 449hp, 680hp

Torque: 480Nm, 670Nm, 870Nm

On sale: Later in 2025 or early 2026, depending on region

Price: Exact regional pricing TBA

Last 10 winners of African Footballer of the Year

2006: Didier Drogba (Chelsea and Ivory Coast)
2007: Frederic Kanoute (Sevilla and Mali)
2008: Emmanuel Adebayor (Arsenal and Togo)
2009: Didier Drogba (Chelsea and Ivory Coast)
2010: Samuel Eto’o (Inter Milan and Cameroon)
2011: Yaya Toure (Manchester City and Ivory Coast)
2012: Yaya Toure (Manchester City and Ivory Coast)
2013: Yaya Toure (Manchester City and Ivory Coast)
2014: Yaya Toure (Manchester City and Ivory Coast)
2015: Pierre-Emerick Aubameyang (Borussia Dortmund and Gabon)
2016: Riyad Mahrez (Leicester City and Algeria)

Scores

Bournemouth 0-4 Liverpool
Arsenal 1-0 Huddersfield Town
Burnley 1-0 Brighton
Manchester United 4-1 Fulham
West Ham 3-2 Crystal Palace

Saturday fixtures:
Chelsea v Manchester City, 9.30pm (UAE)
Leicester City v Tottenham Hotspur, 11.45pm (UAE)

Brief scores:

Manchester City 3

Bernardo Silva 16', Sterling 57', Gundogan 79'

Bournemouth 1

Wilson 44'

Man of the match: Leroy Sane (Manchester City)

FFP EXPLAINED

What is Financial Fair Play?
Introduced in 2011 by Uefa, European football’s governing body, it demands that clubs live within their means. Chiefly, spend within their income and not make substantial losses.

What the rules dictate? 
The second phase of its implementation limits losses to €30 million (Dh136m) over three seasons. Extra expenditure is permitted for investment in sustainable areas (youth academies, stadium development, etc). Money provided by owners is not viewed as income. Revenue from “related parties” to those owners is assessed by Uefa's “financial control body” to be sure it is a fair value, or in line with market prices.

What are the penalties? 
There are a number of punishments, including fines, a loss of prize money or having to reduce squad size for European competition – as happened to PSG in 2014. There is even the threat of a competition ban, which could in theory lead to PSG’s suspension from the Uefa Champions League.

Not Dark Yet

Shelby Lynne and Allison Moorer

Four stars

MATCH INFO

Wales 1 (Bale 45 3')

Croatia 1 (Vlasic 09')

Day 3 stumps

New Zealand 153 & 249
Pakistan 227 & 37-0 (target 176)

Pakistan require another 139 runs with 10 wickets remaining

Match info:

Manchester City 2
Sterling (8'), Walker (52')

Newcastle United 1
Yedlin (30')

The Light of the Moon

Director: Jessica M Thompson

Starring: Stephanie Beatriz, Michael Stahl-David

Three stars

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TV: World Cup Qualifier 2018 matches will be aired on on OSN Sports HD Cricket channel

Women’s T20 World Cup Asia Qualifier

ICC Academy, November 22-28

UAE fixtures
Nov 22, v Malaysia
Nov 23, v Hong Kong
Nov 25, v Bhutan
Nov 26, v Kuwait
Nov 28, v Nepal

ICC T20I rankings
14. Nepal
17. UAE
25. Hong Kong
34. Kuwait
35. Malaysia
44. Bhutan 

UAE squad
Chaya Mughal (captain), Natasha Cherriath, Samaira Dharnidharka, Kavisha Egodage, Mahika Gaur, Priyanjali Jain, Suraksha Kotte, Vaishnave Mahesh, Judit Peter, Esha Rohit, Theertha Satish, Chamani Seneviratne, Khushi Sharma, Subha Venkataraman

ITU Abu Dhabi World Triathlon

For more information go to www.abudhabi.triathlon.org.

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What should do investors do now?

What does the S&P 500's new all-time high mean for the average investor? 

Should I be euphoric?

No. It's fine to be pleased about hearty returns on your investments. But it's not a good idea to tie your emotions closely to the ups and downs of the stock market. You'll get tired fast. This market moment comes on the heels of last year's nosedive. And it's not the first or last time the stock market will make a dramatic move.

So what happened?

It's more about what happened last year. Many of the concerns that triggered that plunge towards the end of last have largely been quelled. The US and China are slowly moving toward a trade agreement. The Federal Reserve has indicated it likely will not raise rates at all in 2019 after seven recent increases. And those changes, along with some strong earnings reports and broader healthy economic indicators, have fueled some optimism in stock markets.

"The panic in the fourth quarter was based mostly on fears," says Brent Schutte, chief investment strategist for Northwestern Mutual Wealth Management Company. "The fundamentals have mostly held up, while the fears have gone away and the fears were based mostly on emotion."

Should I buy? Should I sell?

Maybe. It depends on what your long-term investment plan is. The best advice is usually the same no matter the day — determine your financial goals, make a plan to reach them and stick to it.

"I would encourage (investors) not to overreact to highs, just as I would encourage them not to overreact to the lows of December," Mr Schutte says.

All the same, there are some situations in which you should consider taking action. If you think you can't live through another low like last year, the time to get out is now. If the balance of assets in your portfolio is out of whack thanks to the rise of the stock market, make adjustments. And if you need your money in the next five to 10 years, it shouldn't be in stocks anyhow. But for most people, it's also a good time to just leave things be.

Resist the urge to abandon the diversification of your portfolio, Mr Schutte cautions. It may be tempting to shed other investments that aren't performing as well, such as some international stocks, but diversification is designed to help steady your performance over time.

Will the rally last?

No one knows for sure. But David Bailin, chief investment officer at Citi Private Bank, expects the US market could move up 5 per cent to 7 per cent more over the next nine to 12 months, provided the Fed doesn't raise rates and earnings growth exceeds current expectations. We are in a late cycle market, a period when US equities have historically done very well, but volatility also rises, he says.

"This phase can last six months to several years, but it's important clients remain invested and not try to prematurely position for a contraction of the market," Mr Bailin says. "Doing so would risk missing out on important portfolio returns."

SCORES

Yorkshire Vikings 144-1 in 12.5 overs
(Tom Kohler 72 not out, Harry Broook 42 not out)
bt Hobart Hurricanes 140-7 in 20 overs
(Caleb Jewell 38, Sean Willis 35, Karl Carver 2-29, Josh Shaw 2-39)

MATCH INFO

Uefa Champions League semi-final:

First leg: Liverpool 5 Roma 2

Second leg: Wednesday, May 2, Stadio Olimpico, Rome

TV: BeIN Sports, 10.45pm (UAE)

Other key dates
  • Finals draw: December 2
  • Finals (including semi-finals and third-placed game): June 5–9, 2019
  • Euro 2020 play-off draw: November 22, 2019
  • Euro 2020 play-offs: March 26–31, 2020
MATCH INFO

Karnataka Tuskers 110-5 (10 ovs)

Tharanga 48, Shafiq 34, Rampaul 2-16

Delhi Bulls 91-8 (10 ovs)

Mathews 31, Rimmington 3-28

Karnataka Tuskers win by 19 runs

Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

RESULT

West Brom 2 Liverpool 2
West Brom: Livermore (79'), Rondón (88' ) 
Liverpool: Ings (4'), Salah (72')