Egyptian President Gamal Abdel Nasser adresses the Egyptian people during a radio speech to announce free elections to elect a new Parliament and the liberalization of the regime 31 March 1968.
Gamal Abdel Nasser, the Egyptian president, addresses his countrymen during a radio speech to announce free elections to elect a new parliament and the liberalisation of the regime in March 1968.

Remembering Nasser, the godfather of Pan Arabism



It was July 23, 1959 and a group of teenagers and adults were crowding around a radio in a cafe in Sharjah. For almost four hours they sat transfixed by the words of Gamal Abdel Nasser, the godfather of Pan Arabism. The broadcast from the Sout al Arab, or Voice of Arabs, station came from a square in Cairo filled with a quarter of a million listeners.

Among those in the Egyptian capital that day were special guests from across the Arab world, including Sheikh Rashid bin Saeed, who had become Ruler of Dubai the year before. Back in Sharjah, a 15-year-old was growing into a man, his patriotic feelings growing stronger because of the charismatic leader. "His words made me feel alive," remembers Salem al Kaabi, an Emirati businessman from Sharjah. "Like we Arabs finally have a voice, and a new sense of pride and dignity.

"The streets would fall silent every time his speeches came on as we would all sit and cling to each of his words and believe in them," he said. In that particular speech, Mr al Kaabi still remembers Nasser's words: "If we stand united as one, no enemy can ever conquer us ... For it is in our division that Israel has been able to remain victorious." "He didn't just say the right things, he acted on them," said Mr al Kaabi. "And that is what made him special."

Today is the 40th anniversary of Nasser's death and Mr al Kaabi, now 66, still remembers his "Arab hero"."It is so easy to sit and list his failures. He did what no one dared to do: stand and win against the colonial powers, and then he stood against Israel, which no one dares to do these days." Throughout the 1950s and 1960s and even after his death in 1970, Nasser dominated Arab politics and the imagination of the Arab masses. His influence was felt in the UAE with boys, schools, streets and squares named in his honour, such as al Nasser Square in the heart of Deira in Dubai and Gamal Abdel Nasser Street in Sharjah.

After his death in 1970, Sharjah released commemorative stamps bearing portraits of Nasser as a young boy, as an officer, and in his later days. Before becoming president of the UAE, Sheikh Zayed, founder of the nation, paid a special visit to President Nasser and Anwar Sadat, his right-hand man who later succeeded him as a president. Sheikh Zayed made the journey in 1959, securing a special agreement with the government of Egypt to supply Abu Dhabi with teachers, engineers and agricultural experts. Similar arrangements were made throughout the Trucial States during Nasser's reign, with Egyptian teachers to a large extent forming the foundation of education in the country.

In his autobiography, Sard al Thad, Dr Sheikh Sultan bin Mohammed, the Ruler of Sharjah and a staunch supporter of Nasser in his youth, described the impact the 1963 news that Iraq and the United Arab Republic - encompassing Egypt and Syria - had signed an agreement to unite. Children, women and men hit the streets in celebration, carrying Nasser posters and the red, white and black flag of the United Arab Republic, with its two stars in the middle. Iraq adopted the same flag but with three stars, symbolic of the tri-unity.

"The celebrations with the declaration of the tri-unity was indescribable," wrote Dr Sheikh Sultan. "It wasn't just the students, and locals supporting Gamal Abdel Nasser, for there were United Arab Republic flags everywhere: on taxi cars, on buildings, and on boats crossing back and forth in Khor Dubai ... Even Pakistanis working on boats chanted: Nasser! Nasser!" For the generation that grew up with him, Nasser was bigger than life. For younger Emiratis, he remains a "curiosity", with some digging into his past to understand the legend.

"For my father and the older generation, he was the voice of their hearts," said Ahmed al Daheri, 23, a student of history at UAE university at Al Ain. "He was just a man, but people couldn't accept that. For myself and my siblings, I view him as a man with big dreams who had the courage to go after them. "Politics aside, Nasser did manage to give back some pride to the masses in both his country and other Arab nations, with farms in Egypt returned to their rightful owners, the farmers themselves," said Mr al Daheri.

Nationalistic and patriotic feelings lived on after Nasser's death, with a landmark Arab oil embargo in 1973. The action resulted in oil-producing countries such as the UAE and Saudi Arabia boycotting the US after its announcement that it was sending billions of dollars in aid to Israel. "He did reawaken something in the Arabs, a kind of courage that I don't see in my generation any more," he said.

Mr al Daheri's father and Mr al Kaabi were among the Emiratis who wanted to be recruited into Nasser's army so they could fight for the unity of Arabs in the 1960s. But as it did for millions of other of Arabs, that dream died with the defeat in the Arab-Israeli six-day war in 1967. "We all cried as we listened to his speech after the defeat," recalled Mr al Kaabi, who described the period as a "national mourning" that engulfed the Arab world. "He was broken, and we were broken."

Arab Gulf states such as the UAE had a pivotal role in rebuilding the economy and armies of the Arab nations, mainly Egypt, Syria and Jordan, involved in the war. "It will take 1,000 years for a man like Nasser to return," said Mr al Kaabi. "We have lost our courage and our confidence. And we aren't doing anything about it."

rghazal@thenational.ae

Sarfira

Director: Sudha Kongara Prasad

Starring: Akshay Kumar, Radhika Madan, Paresh Rawal

Rating: 2/5

DEADPOOL & WOLVERINE

Starring: Ryan Reynolds, Hugh Jackman, Emma Corrin

Director: Shawn Levy

Rating: 3/5

Company Profile

Company name: Namara
Started: June 2022
Founder: Mohammed Alnamara
Based: Dubai
Sector: Microfinance
Current number of staff: 16
Investment stage: Series A
Investors: Family offices

The years Ramadan fell in May

1987

1954

1921

1888

Messi at the Copa America

2007 – lost 3-0 to Brazil in the final

2011 – lost to Uruguay on penalties in the quarter-finals

2015 – lost to Chile on penalties in the final

2016 – lost to Chile on penalties in the final

MEDIEVIL (1998)

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

MATCH INFO

Southampton 0
Manchester City 1
(Sterling 16')

Man of the match: Kevin de Bruyne (Manchester City)

UAE squad

Humaira Tasneem (c), Chamani Senevirathne (vc), Subha Srinivasan, NIsha Ali, Udeni Kuruppuarachchi, Chaya Mughal, Roopa Nagraj, Esha Oza, Ishani Senevirathne, Heena Hotchandani, Keveesha Kumari, Judith Cleetus, Chavi Bhatt, Namita D’Souza.

Results

Final: Iran beat Spain 6-3.

Play-off 3rd: UAE beat Russia 2-1 (in extra time).

Play-off 5th: Japan beat Egypt 7-2.

Play-off 7th: Italy beat Mexico 3-2.

Company profile

Company name: Ogram
Started: 2017
Founders: Karim Kouatly and Shafiq Khartabil
Based: Dubai, UAE
Industry: On-demand staffing
Number of employees: 50
Funding: More than $4 million
Funding round: Series A
Investors: Global Ventures, Aditum and Oraseya Capital

Kill

Director: Nikhil Nagesh Bhat

Starring: Lakshya, Tanya Maniktala, Ashish Vidyarthi, Harsh Chhaya, Raghav Juyal

Rating: 4.5/5

Illegal shipments intercepted in Gulf region

The Royal Navy raid is the latest in a series of successful interceptions of drugs and arms in the Gulf

May 11: US coastguard recovers $80 million heroin haul from fishing vessel in Gulf of Oman

May 8: US coastguard vessel USCGC Glen Harris seizes heroin and meth worth more than $30 million from a fishing boat

March 2: Anti-tank guided missiles and missile components seized by HMS Lancaster from a small boat travelling from Iran

October 9, 2022: Royal Navy frigate HMS Montrose recovers drugs worth $17.8 million from a dhow in Arabian Sea

September 27, 2022: US Naval Forces Central Command reports a find of 2.4 tonnes of heroin on board fishing boat in Gulf of Oman 

Tributes from the UAE's personal finance community

• Sebastien Aguilar, who heads SimplyFI.org, a non-profit community where people learn to invest Bogleheads’ style

“It is thanks to Jack Bogle’s work that this community exists and thanks to his work that many investors now get the full benefits of long term, buy and hold stock market investing.

Compared to the industry, investing using the common sense approach of a Boglehead saves a lot in costs and guarantees higher returns than the average actively managed fund over the long term. 

From a personal perspective, learning how to invest using Bogle’s approach was a turning point in my life. I quickly realised there was no point chasing returns and paying expensive advisers or platforms. Once money is taken care off, you can work on what truly matters, such as family, relationships or other projects. I owe Jack Bogle for that.”

• Sam Instone, director of financial advisory firm AES International

"Thought to have saved investors over a trillion dollars, Jack Bogle’s ideas truly changed the way the world invests. Shaped by his own personal experiences, his philosophy and basic rules for investors challenged the status quo of a self-interested global industry and eventually prevailed.  Loathed by many big companies and commission-driven salespeople, he has transformed the way well-informed investors and professional advisers make decisions."

• Demos Kyprianou, a board member of SimplyFI.org

"Jack Bogle for me was a rebel, a revolutionary who changed the industry and gave the little guy like me, a chance. He was also a mentor who inspired me to take the leap and take control of my own finances."

• Steve Cronin, founder of DeadSimpleSaving.com

"Obsessed with reducing fees, Jack Bogle structured Vanguard to be owned by its clients – that way the priority would be fee minimisation for clients rather than profit maximisation for the company.

His real gift to us has been the ability to invest in the stock market (buy and hold for the long term) rather than be forced to speculate (try to make profits in the shorter term) or even worse have others speculate on our behalf.

Bogle has given countless investors the ability to get on with their life while growing their wealth in the background as fast as possible. The Financial Independence movement would barely exist without this."

• Zach Holz, who blogs about financial independence at The Happiest Teacher

"Jack Bogle was one of the greatest forces for wealth democratisation the world has ever seen.  He allowed people a way to be free from the parasitical "financial advisers" whose only real concern are the fat fees they get from selling you over-complicated "products" that have caused millions of people all around the world real harm.”

• Tuan Phan, a board member of SimplyFI.org

"In an industry that’s synonymous with greed, Jack Bogle was a lone wolf, swimming against the tide. When others were incentivised to enrich themselves, he stood by the ‘fiduciary’ standard – something that is badly needed in the financial industry of the UAE."

The specs: 2018 Ford Mustang GT

Price, base / as tested: Dh204,750 / Dh241,500
Engine: 5.0-litre V8
Gearbox: 10-speed automatic
Power: 460hp @ 7,000rpm
Torque: 569Nm @ 4,600rpm​​​​​​​
​​​​​​​Fuel economy, combined: 10.3L / 100km

If you go

Flight connections to Ulaanbaatar are available through a variety of hubs, including Seoul and Beijing, with airlines including Mongolian Airlines and Korean Air. While some nationalities, such as Americans, don’t need a tourist visa for Mongolia, others, including UAE citizens, can obtain a visa on arrival, while others including UK citizens, need to obtain a visa in advance. Contact the Mongolian Embassy in the UAE for more information.

Nomadic Road offers expedition-style trips to Mongolia in January and August, and other destinations during most other months. Its nine-day August 2020 Mongolia trip will cost from $5,250 per person based on two sharing, including airport transfers, two nights’ hotel accommodation in Ulaanbaatar, vehicle rental, fuel, third party vehicle liability insurance, the services of a guide and support team, accommodation, food and entrance fees; nomadicroad.com

A fully guided three-day, two-night itinerary at Three Camel Lodge costs from $2,420 per person based on two sharing, including airport transfers, accommodation, meals and excursions including the Yol Valley and Flaming Cliffs. A return internal flight from Ulaanbaatar to Dalanzadgad costs $300 per person and the flight takes 90 minutes each way; threecamellodge.com

Draw:

Group A: Egypt, DR Congo, Uganda, Zimbabwe

Group B: Nigeria, Guinea, Madagascar, Burundi

Group C: Senegal, Algeria, Kenya, Tanzania

Group D: Morocco, Ivory Coast, South Africa, Namibia

Group E: Tunisia, Mali, Mauritania, Angola

Group F: Cameroon, Ghana, Benin, Guinea-Bissau

COMPANY PROFILE

Name: Shaffra
Started: 2023
Based: DIFC Innovation Hub
Sector: metaverse-as-a-Service (MaaS)
Investment: currently closing $1.5 million seed round
Investment stage: pre-seed
Investors: Flat6Labs Abu Dhabi and different PCs and angel investors from Saudi Arabia
Number of staff: nine


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