ABU DHABI, UNITED ARAB EMIRATES - June 30, 2008: Zayed Univeristy had become the first federal higher education institution to achieve international accreditation. Press conference with H.H Shaikh Nahyan bin Mubarak Al Nahyan, Minister of Higher Education and Scientific Research, at his palace in Al Khazna. ( Fatima Al Mutawa / The National) *** Local Caption ***  FM006- press conference, Shaikh Nahyan.JPGFM006- press conference, Shaikh Nahyan_2.JPG
Shaikh Nahyan bin Mubarak Al Nahyan, Minister of Higher Education and Scientific Research, speaks to the press.

One voice to cut through confusion



The federal Government will soon have an official spokesman, the first such position in the country. The appointee will brief journalists on major developments and overall strategy. The Government hopes having a spokesman will encourage transparency in the workings of its bureaucracy. Government sources indicated yesterday that the post was seen as a very important role and several prominent names - including Cabinet ministers - were being suggested to fill it. Equally important for the media was news that a central communications office is to be created to answer journalists' questions. At the moment there is no protocol on how ministries should issue press releases or answer reporters' inquiries. The chief spokesman would speak on cross-ministry and federal issues, while the communications office would handle inquiries relating to specific ministries and federal bodies. At present, government agencies have public relations and media departments but standards vary greatly. Often press releases are issued with little chance for journalists to ask questions. If they want more detail they are often referred to relevant officials, but making contact can take hours or even days. It is especially difficult at the federal level. Officials sometimes decline to provide information or speak on the record because they say they need permission to do so from a public relations or media office. No starting date has been announced for the communications office. The plan was widely welcomed by journalists, who have constantly complained about the difficulty of obtaining information. Mohammed Yousef, head of the UAE's Journalists' Association, described the plan as "an advanced step". "It's a good idea, it will lead to more transparency and end a period of suffering," he said. Opening more communication channels with officials had been discussed several times during meetings between the Journalists Association, the National Media Council and editors in chiefs, he said. WAM, the government news agency, reported that the office would "substantially improve the internal and external communication channels in the federal Government". Other Arab countries such as Jordan have media briefing systems. The Jordanian cabinet has a spokesman who talks to the press weekly. The police also have a spokesman who can be reached at any time. "It's important to have this and it's important to have it as soon as possible, otherwise rumours would spread," Mr Yousef said. "With the presence of a spokesman, news would be accurate and not contrary to what the Government wants to say." Mr Yousef's main concern was that the office not be turned into a centre for media control or censorship. He said it was his understanding that it would not be. "It will be easier to access information," he said. Under the new system, journalists would be able to contact the communications office directly. The office, which will fall under the Ministry of Cabinet Affairs, would in turn have employees in each ministry or government body to provide the requested information or documents. "The PR office has no power to access information; it's very weak," Mr Yousef said. "When you have someone calling a ministry from the Cabinet, there will be no delays." He said he hoped the new system would enhance the culture of regular briefings to the media in the UAE. He urged journalists who obtain information from reliable sources to publish without government response if they could not reach the officials concerned. Mr Yousef said the recent introduction of public relations and media offices in ministries had not been a success. Two years ago, reporters could reach officials directly without having to go through PR officers, he said. The new communications office will set up a network linking its different bodies. "The office will have a co-ordinative and supervisory role and will evolve, from time to time, the communication strategy," said Mohammed al Gergawi, the Minister of Cabinet Affairs, according to WAM. "Ultimately it will contribute to the achievement of the general objectives of the federal strategy of governance." Mr Yousef said he expected the system to take some time before it fully matures. "There could be mistakes in the beginning, but they can be fixed as the process goes on." mhabboush@thenational.ae

From Europe to the Middle East, economic success brings wealth - and lifestyle diseases

A rise in obesity figures and the need for more public spending is a familiar trend in the developing world as western lifestyles are adopted.

One in five deaths around the world is now caused by bad diet, with obesity the fastest growing global risk. A high body mass index is also the top cause of metabolic diseases relating to death and disability in Kuwait, Qatar and Oman – and second on the list in Bahrain.

In Britain, heart disease, lung cancer and Alzheimer’s remain among the leading causes of death, and people there are spending more time suffering from health problems.

The UK is expected to spend $421.4 billion on healthcare by 2040, up from $239.3 billion in 2014.

And development assistance for health is talking about the financial aid given to governments to support social, environmental development of developing countries.

Company Profile

Company name: Hoopla
Date started: March 2023
Founder: Jacqueline Perrottet
Based: Dubai
Number of staff: 10
Investment stage: Pre-seed
Investment required: $500,000

Why are you, you?

Why are you, you?
From this question, a new beginning.
From this question, a new destiny.
For you are a world, and a meeting of worlds.
Our dream is to unite that which has been
separated by history.
To return the many to the one.
A great story unites us all,
beyond colour and creed and gender.
The lightning flash of art
And the music of the heart.
We reflect all cultures, all ways.
We are a twenty first century wonder.
Universal ideals, visions of art and truth.
Now is the turning point of cultures and hopes.
Come with questions, leave with visions.
We are the link between the past and the future.
Here, through art, new possibilities are born. And
new answers are given wings.

Why are you, you?
Because we are mirrors of each other.
Because together we create new worlds.
Together we are more powerful than we know.
We connect, we inspire, we multiply illuminations
with the unique light of art.

 Ben Okri,

The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

How to play the stock market recovery in 2021?

If you are looking to build your long-term wealth in 2021 and beyond, the stock market is still the best place to do it as equities powered on despite the pandemic.

Investing in individual stocks is not for everyone and most private investors should stick to mutual funds and ETFs, but there are some thrilling opportunities for those who understand the risks.

Peter Garnry, head of equity strategy at Saxo Bank, says the 20 best-performing US and European stocks have delivered an average return year-to-date of 148 per cent, measured in local currency terms.

Online marketplace Etsy was the best performer with a return of 330.6 per cent, followed by communications software company Sinch (315.4 per cent), online supermarket HelloFresh (232.8 per cent) and fuel cells specialist NEL (191.7 per cent).

Mr Garnry says digital companies benefited from the lockdown, while green energy firms flew as efforts to combat climate change were ramped up, helped in part by the European Union’s green deal. 

Electric car company Tesla would be on the list if it had been part of the S&P 500 Index, but it only joined on December 21. “Tesla has become one of the most valuable companies in the world this year as demand for electric vehicles has grown dramatically,” Mr Garnry says.

By contrast, the 20 worst-performing European stocks fell 54 per cent on average, with European banks hit by the economic fallout from the pandemic, while cruise liners and airline stocks suffered due to travel restrictions.

As demand for energy fell, the oil and gas industry had a tough year, too.

Mr Garnry says the biggest story this year was the “absolute crunch” in so-called value stocks, companies that trade at low valuations compared to their earnings and growth potential.

He says they are “heavily tilted towards financials, miners, energy, utilities and industrials, which have all been hit hard by the Covid-19 pandemic”. “The last year saw these cheap stocks become cheaper and expensive stocks have become more expensive.” 

This has triggered excited talk about the “great value rotation” but Mr Garnry remains sceptical. “We need to see a breakout of interest rates combined with higher inflation before we join the crowd.”

Always remember that past performance is not a guarantee of future returns. Last year’s winners often turn out to be this year’s losers, and vice-versa.

MATCH INFO

Uefa Champions League, last-16, second leg (first-leg scores in brackets):

PSG (2) v Manchester United (0)

Midnight (Thursday), BeIN Sports

Washmen Profile

Date Started: May 2015

Founders: Rami Shaar and Jad Halaoui

Based: Dubai, UAE

Sector: Laundry

Employees: 170

Funding: about $8m

Funders: Addventure, B&Y Partners, Clara Ventures, Cedar Mundi Partners, Henkel Ventures

Brief scoreline:

Manchester United 0

Manchester City 2

Bernardo Silva 54', Sane 66'


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