DUBAI // Traditional media is making a dramatic shift into the digital world, speakers at a conference announcing the fifth edition of the Arab Media Outlook said.
“Unfortunately, many media outlets [in the region] underestimate the importance of fast-advancing technology,” said Mona Al Marri, head of the Dubai Press Club, which oversees the comprehensive report on media in the Arab world, in her opening statement.
“Media in Dubai, which prides itself on being one of the most technologically advanced cities, and the UAE as a whole must -cater to this new technology and new findings.”
Ms Al Marri said she hoped that the media would look at the fifth report as a valuable resource that will give them a clear picture of the present and a better understanding of the future.
“To ride the crest of change, it is important that we understand the implications of these changes on the future,” she said.
"Dubai Press Club's annual Arab Media Outlook seeks to help you further understand the dynamics behind these changes."
Arab Media Outlook 2016-2018: Youth, Content, Digital Media provides a comprehensive view of media across 14 key markets in the Arab region.
It covers paid media and advertising-funded revenues across all platforms, including digital, mobile, print, TV and radio, with a strategic and qualitative assessment of each sector. It also covers emerging trends, industry challenges and growth drivers.
Dr Amina Al Rustamani, group chief of Tecom Investments, said that the report included a great deal of information, supporting some of the major emerging trends.
“Chief of these is with digitisation, which the report identifies as the sector’s fastest-growing segment, with a compound annual growth rate of more than 14 per cent, fuelling the growth of the industry as a whole,” she said. “While digital video and social media spending are driving the growth, gaming holds the most value and is expected to cross US$1 billion (Dh3.67bn) in revenues by 2018.”
Meanwhile, Jayant Bhargava, partner of Strategy&, said that consumers in the region were among the most active media users in the world.
“Almost half of that time is spent on digital platforms, which is mostly incremental,” he said. “On average, each user spends over 10 hours a day consuming media content.
“On the whole, there is more audience time for every type of of content, including news.”
He also said that a factor changing the media dynamic was youth engagement with digital, not only as consumers but as content producers.
“The amateur digital-only content being produced by Arab youth has significantly increased the level of local Arabic-language content available on digital platforms,” he said.
“Much of this content tells -local stories and is resulting in a cultural boom.”
Mr Bhargava said that digital media had helped to eliminate some of the obstacles of traditional media but also came with challenges, such as staying in line with professional journalism.
“Maintaining professional media in digital lies with the news outlets by representing themselves in the digital world and following the rules of digital, not tradition, which means videos need to be much shorter, with more breaking views and much more presence on digital and social platforms.”
He said that, today, social media platforms were just as important as traditional platforms, and news outlets should keep their editorial policies intact even when publishing digitally.
dmoukhallati@thenational.ae
Keane on …
Liverpool’s Uefa Champions League bid: “They’re great. With the attacking force they have, for me, they’re certainly one of the favourites. You look at the teams left in it - they’re capable of scoring against anybody at any given time. Defensively they’ve been good, so I don’t see any reason why they couldn’t go on and win it.”
Mohamed Salah’s debut campaign at Anfield: “Unbelievable. He’s been phenomenal. You can name the front three, but for him on a personal level, he’s been unreal. He’s been great to watch and hopefully he can continue now until the end of the season - which I’m sure he will, because he’s been in fine form. He’s been incredible this season.”
Zlatan Ibrahimovic’s instant impact at former club LA Galaxy: “Brilliant. It’s been a great start for him and for the club. They were crying out for another big name there. They were lacking that, for the prestige of LA Galaxy. And now they have one of the finest stars. I hope they can go win something this year.”
if you go
The flights
Direct flights from the UAE to the Nepalese capital, Kathmandu, are available with Air Arabia, (www.airarabia.com) Fly Dubai (www.flydubai.com) or Etihad (www.etihad.com) from Dh1,200 return including taxes. The trek described here started from Jomson, but there are many other start and end point variations depending on how you tailor your trek. To get to Jomson from Kathmandu you must first fly to the lake-side resort town of Pokhara with either Buddha Air (www.buddhaair.com) or Yeti Airlines (www.yetiairlines.com). Both charge around US$240 (Dh880) return. From Pokhara there are early morning flights to Jomson with Yeti Airlines or Simrik Airlines (www.simrikairlines.com) for around US$220 (Dh800) return.
The trek
Restricted area permits (US$500 per person) are required for trekking in the Upper Mustang area. The challenging Meso Kanto pass between Tilcho Lake and Jomson should not be attempted by those without a lot of mountain experience and a good support team. An excellent trekking company with good knowledge of Upper Mustang, the Annaurpuna Circuit and Tilcho Lake area and who can help organise a version of the trek described here is the Nepal-UK run Snow Cat Travel (www.snowcattravel.com). Prices vary widely depending on accommodation types and the level of assistance required.
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Company name: baraka
Started: July 2020
Founders: Feras Jalbout and Kunal Taneja
Based: Dubai and Bahrain
Sector: FinTech
Initial investment: $150,000
Current staff: 12
Stage: Pre-seed capital raising of $1 million
Investors: Class 5 Global, FJ Labs, IMO Ventures, The Community Fund, VentureSouq, Fox Ventures, Dr Abdulla Elyas (private investment)
What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
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Third Test
Day 3, stumps
India 443-7 (d) & 54-5 (27 ov)
Australia 151
India lead by 346 runs with 5 wickets remaining
What the law says
Micro-retirement is not a recognised concept or employment status under Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations (as amended) (UAE Labour Law). As such, it reflects a voluntary work-life balance practice, rather than a recognised legal employment category, according to Dilini Loku, senior associate for law firm Gateley Middle East.
“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.
“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”
If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.
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Price, base: Dh201,153
Engine: 2.0-litre turbocharged four-cylinder
Transmission: Nine-speed automatic
Power: 204hp @ 5,800rpm
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Killing of Qassem Suleimani
Company profile
Company: Verity
Date started: May 2021
Founders: Kamal Al-Samarrai, Dina Shoman and Omar Al Sharif
Based: Dubai
Sector: FinTech
Size: four team members
Stage: Intially bootstrapped but recently closed its first pre-seed round of $800,000
Investors: Wamda, VentureSouq, Beyond Capital and regional angel investors
The specs
Engine: 6.2-litre V8
Transmission: ten-speed
Power: 420bhp
Torque: 624Nm
Price: Dh325,125
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England squads for Test and T20 series against New Zealand
Test squad: Joe Root (capt), Jofra Archer, Stuart Broad, Rory Burns, Jos Buttler, Zak Crawley, Sam Curran, Joe Denly, Jack Leach, Saqib Mahmood, Matthew Parkinson, Ollie Pope, Dominic Sibley, Ben Stokes, Chris Woakes
T20 squad: Eoin Morgan (capt), Jonny Bairstow, Tom Banton, Sam Billings, Pat Brown, Sam Curran, Tom Curran, Joe Denly, Lewis Gregory, Chris Jordan, Saqib Mahmood, Dawid Malan, Matt Parkinson, Adil Rashid, James Vince
The specs
Engine: 3.8-litre twin-turbo flat-six
Power: 650hp at 6,750rpm
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Transmission: 8-speed dual-clutch auto
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Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
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