• The Boeing 787 Dreamliner at Dubai airport in 2011. Parts for the jet are made in Al Ain. Jeff Topping / The National
    The Boeing 787 Dreamliner at Dubai airport in 2011. Parts for the jet are made in Al Ain. Jeff Topping / The National
  • Visitors look at Caracal's rifles at Abu Dhabi's 2021 Idex exhibition. Caracal is a UAE company. Victor Besa / The National
    Visitors look at Caracal's rifles at Abu Dhabi's 2021 Idex exhibition. Caracal is a UAE company. Victor Besa / The National
  • Workers produce bottles of perfume at the Swiss Arabian factory in Sharjah. Randi Sokoloff / The National
    Workers produce bottles of perfume at the Swiss Arabian factory in Sharjah. Randi Sokoloff / The National
  • A worker sprays a glossy finish on a toilet bowl at the RAK Ceramics factory in Ras Al Khaimah. Sarah Dea / The National
    A worker sprays a glossy finish on a toilet bowl at the RAK Ceramics factory in Ras Al Khaimah. Sarah Dea / The National
  • Workers prepare camels for milking at the Emirates Industry for Camel Milk and Products, producers of milk products such as 'Camelicous'. Jeff Topping / The National
    Workers prepare camels for milking at the Emirates Industry for Camel Milk and Products, producers of milk products such as 'Camelicous'. Jeff Topping / The National
  • Julphar Gulf Pharmaceutical Industries in Ras Al Khaimah. Pawan Singh / The National
    Julphar Gulf Pharmaceutical Industries in Ras Al Khaimah. Pawan Singh / The National
  • Dubai Opera. Future Architectural Glass counts it among its projects. Giuseppe Cacace / AFP
    Dubai Opera. Future Architectural Glass counts it among its projects. Giuseppe Cacace / AFP
  • Emirates Global Aluminium in Abu Dhabi. Rich-Joseph Facun / The National
    Emirates Global Aluminium in Abu Dhabi. Rich-Joseph Facun / The National
  • Workers make parts for Airbus and Boeing at the Strata Manufacturing facility in Al Ain. Pawan Singh / The National
    Workers make parts for Airbus and Boeing at the Strata Manufacturing facility in Al Ain. Pawan Singh / The National

Make it in the Emirates: From diving beneath the sea to flying with the stars - a short history of UAE industry


James Langton
  • English
  • Arabic

In the beginning it was pearls, the sea’s bounty that brought work for many and great fortunes for a few.

Pearls from the Arabian Gulf were desired all over the world, from the Mughal jewellery workshops of India to the necks of European aristocracy.

The collapse of the industry in the 1930s, caused by the Great Depression and the arrival of cheap Japanese cultured pearls, caused economic hardship.

People made what living they could, sometimes by drying fish on the sand to sell as fertiliser. Mostly they existed by subsistence, with hunger never far away. Many left to find work elsewhere.

Oil saved the day. Suddenly, the UAE was wealthy beyond imagining, with the decades that followed the first exports in the early 1960s a time of unprecedented economic growth when villages became towns and towns turned into cities.

The Adma Enterprise rig off Abu Dhabi's Das Island in 1958. Oil was discovered that year. BP Archive
The Adma Enterprise rig off Abu Dhabi's Das Island in 1958. Oil was discovered that year. BP Archive

Streets filled with imported cars and the new shopping malls rushed to stock all the major international brand names.

As the UAE's economy grew, so did home-grown enterprises.

Dubai Dry Docks is an example. Opened in 1983, it has repaired thousands of ships, but also built dozens of projects, many for the offshore oil and gas industry, including a floating crane capable of lifting 2,000 tonnes.

Even earlier is the aluminium plant visible to anyone who has driven along the Sheikh Zayed Road.

Established in 1975 as Dubai Aluminium, it began production four years later with an official opening by Britain's Queen Elizabeth II during her state visit to the UAE in 1979.

In 2019, the company celebrated its 40th year of production, now supporting 60,000 jobs and renamed Emirates Global Aluminium after merging with Emirates Aluminium in 2013.

Another home grown success story is RAK Ceramics. Founded in 1989, the company is one of the largest ceramic companies in the world, even if many international consumers may not realise RAK stands for Ras Al Khaimah.

Even names associated with foreign brands can actually carry the “Made in the UAE” label.

Dubai Refreshment Company was set up in 1959, and more than 60 years later produces millions of cans and bottle of soft drinks from Pepsi Cola to Lipton Iced Tea and Aquafina water.

Just down the road, the Nestle plant in Jebel Ali turns out more than a billion KitKat bars each year, a production line that started in 2010 and includes Quality Street chocolates, Maggi Products and Nido powdered milk.

In the past two decades, the name of the game has been diversification, moving the country’s economy away from oil and gas and creating a skilled Emirati workforce, supporting thriving local industries.

Some are large, like Strata, founded by UAE investment company Mubadala in 2009 in Al Ain.

It is a manufacturer of world-class aviation components and continually expanding, even in the past year as a supplier as medical grade masks in the fight against the coronavirus.

Almost half the Strata workforce are young Emirati women.

Precision manufacturing is also key to the success of Caracal, founded in 2007 and named after the wildcat.

Caracal pistols are the first to be designed and made in the UAE. As well as supplying the Armed Forces they are exported.

A very different product comes from Camelicious, which harnesses one of the country’s most important natural resources – camel's milk.

Originally a research laboratory in Dubai examining the benefits of camel's milk, Camelicious now makes a range of products that include long life milk and ice cream, sold even in British supermarkets.

Separately, Al Nassma produces chocolate bars made using camel's milk, while Chocodate has shared another UAE secret with the world by taking dates and coating them in chocolate.

In Ajman, Italian Dairy Products uses milk from Emirati cows to produce authentic mozzarella, while last year W Motors broke ground on a Dh370 million ($101m) manufacturing facility that will focus production of its Lykan supercars in Dubai Silicon Oasis.

The future will extend to even more cutting edge technologies. Al Yah Satellite Communications, another Mubadala project offers satellite TV and internet to dozens of countries, but thanks to an agreement with last month Tawazun Economic Council, will develop advanced satellite and communication technology – and truly a global reach for Made in the UAE.

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How to help

Send “thenational” to the following numbers or call the hotline on: 0502955999
2289 – Dh10
2252 – Dh 50
6025 – Dh20
6027 – Dh 100
6026 – Dh 200

MATCH INFO

Karnatake Tuskers 114-1 (10 ovs)

Charles 57, Amla 47

Bangla Tigers 117-5 (8.5 ovs)

Fletcher 40, Moores 28 no, Lamichhane 2-9

Bangla Tiger win by five wickets

MATCH INFO

Day 1 at Mount Maunganui

England 241-4

Denly 74, Stokes 67 not out, De Grandhomme 2-28

New Zealand 

Yet to bat

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

Zakat definitions

Zakat: an Arabic word meaning ‘to cleanse’ or ‘purification’.

Nisab: the minimum amount that a Muslim must have before being obliged to pay zakat. Traditionally, the nisab threshold was 87.48 grams of gold, or 612.36 grams of silver. The monetary value of the nisab therefore varies by current prices and currencies.

Zakat Al Mal: the ‘cleansing’ of wealth, as one of the five pillars of Islam; a spiritual duty for all Muslims meeting the ‘nisab’ wealth criteria in a lunar year, to pay 2.5 per cent of their wealth in alms to the deserving and needy.

Zakat Al Fitr: a donation to charity given during Ramadan, before Eid Al Fitr, in the form of food. Every adult Muslim who possesses food in excess of the needs of themselves and their family must pay two qadahs (an old measure just over 2 kilograms) of flour, wheat, barley or rice from each person in a household, as a minimum.

Three ways to limit your social media use

Clinical psychologist, Dr Saliha Afridi at The Lighthouse Arabia suggests three easy things you can do every day to cut back on the time you spend online.

1. Put the social media app in a folder on the second or third screen of your phone so it has to remain a conscious decision to open, rather than something your fingers gravitate towards without consideration.

2. Schedule a time to use social media instead of consistently throughout the day. I recommend setting aside certain times of the day or week when you upload pictures or share information. 

3. Take a mental snapshot rather than a photo on your phone. Instead of sharing it with your social world, try to absorb the moment, connect with your feeling, experience the moment with all five of your senses. You will have a memory of that moment more vividly and for far longer than if you take a picture of it.

88 Video's most popular rentals

Avengers 3: Infinity War: an American superhero film released in 2018 and based on the Marvel Comics story.  

Sholay: a 1975 Indian action-adventure film. It follows the adventures of two criminals hired by police to catch a vagabond. The film was panned on release but is now considered a classic.

Lucifer: is a 2019 Malayalam-language action film. It dives into the gritty world of Kerala’s politics and has become one of the highest-grossing Malayalam films of all time.

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

FIXTURES

December 28
Stan Wawrinka v Pablo Carreno Busta, 5pm
Milos Raonic v Dominic Thiem, no earlier then 7pm

December 29 - semi-finals
Rafael Nadal v Stan Wawrinka / Pablo Carreno Busta, 5pm
Novak Djokovic v Milos Raonic / Dominic Thiem, no earlier then 7pm

December 30
3rd/4th place play-off, 5pm
Final, 7pm

Countdown to Zero exhibition will show how disease can be beaten

Countdown to Zero: Defeating Disease, an international multimedia exhibition created by the American Museum of National History in collaboration with The Carter Center, will open in Abu Dhabi a  month before Reaching the Last Mile.

Opening on October 15 and running until November 15, the free exhibition opens at The Galleria mall on Al Maryah Island, and has already been seen at the Jimmy Carter Presidential Library and Museum in Atlanta, the American Museum of Natural History in New York, and the London School of Hygiene and Tropical Medicine.

 

Thanksgiving meals to try

World Cut Steakhouse, Habtoor Palace Hotel, Dubai. On Thursday evening, head chef Diego Solis will be serving a high-end sounding four-course meal that features chestnut veloute with smoked duck breast, turkey roulade accompanied by winter vegetables and foie gras and pecan pie, cranberry compote and popcorn ice cream.

Jones the Grocer, various locations across the UAE. Jones’s take-home holiday menu delivers on the favourites: whole roast turkeys, an array of accompaniments (duck fat roast potatoes, sausages wrapped in beef bacon, honey-glazed parsnips and carrots) and more, as  well as festive food platters, canapes and both apple and pumpkin pies.

Ruth’s Chris Steakhouse, The Address Hotel, Dubai. This New Orleans-style restaurant is keen to take the stress out of entertaining, so until December 25 you can order a full seasonal meal from its Takeaway Turkey Feast menu, which features turkey, homemade gravy and a selection of sides – think green beans with almond flakes, roasted Brussels sprouts, sweet potato casserole and bread stuffing – to pick up and eat at home.

The Mattar Farm Kitchen, Dubai. From now until Christmas, Hattem Mattar and his team will be producing game- changing smoked turkeys that you can enjoy at home over the festive period.

Nolu’s, The Galleria Mall, Maryah Island Abu Dhabi. With much of the menu focused on a California inspired “farm to table” approach (with Afghani influence), it only seems right that Nolu’s will be serving their take on the Thanksgiving spread, with a brunch at the Downtown location from 12pm to 4pm on Friday.

Company%20profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Fasset%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2019%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Mohammad%20Raafi%20Hossain%2C%20Daniel%20Ahmed%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%3C%2Fstrong%3E%20%242.45%20million%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2086%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Pre-series%20B%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Investcorp%2C%20Liberty%20City%20Ventures%2C%20Fatima%20Gobi%20Ventures%2C%20Primal%20Capital%2C%20Wealthwell%20Ventures%2C%20FHS%20Capital%2C%20VN2%20Capital%2C%20local%20family%20offices%3C%2Fp%3E%0A
ICC Awards for 2021

MEN

Cricketer of the Year – Shaheen Afridi (Pakistan)

T20 Cricketer of the Year – Mohammad Rizwan (Pakistan)

ODI Cricketer of the Year – Babar Azam (Pakistan)

Test Cricketer of the Year – Joe Root (England)

WOMEN

Cricketer of the Year – Smriti Mandhana (India)

ODI Cricketer of the Year – Lizelle Lee (South Africa)

T20 Cricketer of the Year – Tammy Beaumont (England)

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.”

MATCH INFO

Championship play-offs, second legs:

Aston Villa 0
Middlesbrough 0

(Aston Villa advance 1-0 on aggregate)

Fulham 2
Sessegnon (47'), Odoi (66')

Derby County 0

(Fulham advance 2-1 on aggregate)

Final

Saturday, May 26, Wembley. Kick off 8pm (UAE) 

'Spies in Disguise'

Director: Nick Bruno and Troy Quane

Stars: Will Smith, Tom Holland, Karen Gillan and Roshida Jones 

Rating: 4 out of 5 stars

Results

5pm: Warsan Lake – Maiden (PA) Dh80,000 (Turf) 2,200m; Winner: Dhaw Al Reef, Sam Hitchcott (jockey), Abdallah Al Hammadi (trainer) 

5.30pm: Al Quadra Lake – Maiden (PA) Dh80,000 (T) 1,600m; Winner: Mrouwah Al Gharbia, Sando Paiva, Abubakar Daud 

6pm: Hatta Lake – Handicap (PA) Dh80,000 (T) 1,600m; Winner: AF Yatroq, George Buckell, Ernst Oertel 

6.30pm: Wathba Stallions Cup – Handicap (PA) Dh70,000 (T) 1,600m; Winner: Ashton Tourettes, Adries de Vries, Ibrahim Aseel 

7pm: Abu Dhabi Championship – Listed (PA) Dh180,000 (T) 1,600m; Winner: Bahar Muscat, Antonio Fresu, Ibrahim Al Hadhrami 

7.30pm: Zakher Lake – Rated Conditions (TB) Dh80,000 (T) 1,400m; Winner: Alfareeq, Dane O’Neill, Musabah Al Muhairi.  

Saudi Cup race day

Schedule in UAE time

5pm: Mohamed Yousuf Naghi Motors Cup (Turf), 5.35pm: 1351 Cup (T), 6.10pm: Longines Turf Handicap (T), 6.45pm: Obaiya Arabian Classic for Purebred Arabians (Dirt), 7.30pm: Jockey Club Handicap (D), 8.10pm: Samba Saudi Derby (D), 8.50pm: Saudia Sprint (D), 9.40pm: Saudi Cup (D)