DUBAI // Arab youths are more likely to want to live in the UAE than in any other country, according to the findings of the fifth annual Asda’a Burson-Marsteller Arab Youth Survey.
And for the second year in a row, they say they would most like their own nations to emulate the Emirates.
Researchers interviewed 3,000 nationals, men and women aged 18 to 24, in 15 Arab countries. They included 250 Emiratis in Abu Dhabi, Dubai and Sharjah.
The results of the survey, conducted between December last year and January, were released today in Dubai.
A record 88 per cent of the Emiratis say they feel the country is heading in the right direction.
Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, responded on Twitter to the results.
Sheikh Mohammed said he was pleased “the survey also showed that UAE youth, more than others, believe in their country’s ability to compete globally”.
Thirty-one per cent of Arab youths say the UAE is their top choice of countries in which to live, followed by France with 18 per cent and the US with 16 per cent.
“I’m not surprised the UAE has come out on top with Arab youth,” said Sunil John, chief executive of Asda’a Burson-Marsteller.
“The UAE has an image of modernity and stands as a cosmopolitan example, while at the same time showing economic growth and stability in the region.”
The UAE has also been named the favourite model for growth and development, with 20 per cent of the votes, followed by China, the US and France all on 11 per cent.
“It is not about showing off,” wrote Sheikh Mohammed on Twitter. “I truly believe we’re still learning and in the early stages. Our goal is to compete globally in all areas.”
Of the Emirati youth surveyed, 63 per cent believe the UAE can compete on the world stage – significantly higher than the regional average of 54 per cent who say the same about their country.
“The findings of the Arab Youth Survey 2013 echo the success of the UAE in achieving a high standard of development – in keeping with its Vision 2021 to be among the best nations in the world – and its enduring global image as an ideal country in which to live and work,” said Mr John.
According to the findings, the desire to live in the UAE is most pronounced among Saudi Arabian youth, with 36 per cent, followed by 35 per cent of Egyptians.
“The UAE’s emphasis on economic diversification, free-market reform, technological innovation and investment in human capital resonate around the world, and clearly also continue to strike a chord with Arab youth,” said Joseph Ghossoub, chairman and chief executive of the Menacom Group, the regional parent of Asda’a Burson-Marsteller.
Concerns raised by Arab youth this year are mostly in keeping with findings of previous years.
For the second consecutive year, being paid a fair wage is the highest priority for Middle East youth, being cited by 82 per cent of those surveyed.
Unemployment is also a major concern among those surveyed, with 43 per cent having lost their jobs or knowing someone who has.
The resulting need for job security might explain why preference for government employment has risen to 46 per cent on average.
Other concerns include home ownership, with 66 per cent of Arab youth saying owning their own home is very important.
Fifteen per cent believe they will never be able to afford their own home.
Asked to name their influences, parents top the list among 73 per cent of those polled, followed by religion, family and friends.
And seventy-four per cent believe the Arab world’s best days are ahead.
“I’m glad to see that they are so optimistic about the future,” said Mr Ghossoub. “They are the future of the Arab world. If they were not so optimistic then we would have a real crisis on our hands.”
Sheikh Mohammed tweeted that he was “delighted to read” that such a high percentage of youth were optimistic about the future.
“Such optimism will make a better tomorrow for all.”
malkhan@thenational.ae
BEETLEJUICE BEETLEJUICE
Starring: Winona Ryder, Michael Keaton, Jenny Ortega
Director: Tim Burton
Rating: 3/5
Killing of Qassem Suleimani
Greatest of All Time
Starring: Vijay, Sneha, Prashanth, Prabhu Deva, Mohan
COMPANY%20PROFILE
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Day 3 stumps
New Zealand 153 & 249
Pakistan 227 & 37-0 (target 176)
Pakistan require another 139 runs with 10 wickets remaining
SEMI-FINAL
Monterrey 1
Funes Mori (14)
Liverpool 2
Keita (11), Firmino (90 1)
Company%20profile
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Company%20Profile
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COMPANY%20PROFILE
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Pathaan
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Siddharth%20Anand%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Shah%20Rukh%20Khan%2C%20Deepika%20Padukone%2C%20John%20Abraham%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A
Where to buy
Limited-edition art prints of The Sofa Series: Sultani can be acquired from Reem El Mutwalli at www.reemelmutwalli.com
Will the pound fall to parity with the dollar?
The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.
Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.
New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.
“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.
The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.
The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.
Bloomberg
Company%20Profile
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The Perfect Couple
Starring: Nicole Kidman, Liev Schreiber, Jack Reynor
Creator: Jenna Lamia
Rating: 3/5
UAE currency: the story behind the money in your pockets
Essentials
The flights
Emirates and Etihad fly direct from the UAE to Geneva from Dh2,845 return, including taxes. The flight takes 6 hours.
The package
Clinique La Prairie offers a variety of programmes. A six-night Master Detox costs from 14,900 Swiss francs (Dh57,655), including all food, accommodation and a set schedule of medical consultations and spa treatments.
COMPANY%20PROFILE
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Five expert hiking tips
- Always check the weather forecast before setting off
- Make sure you have plenty of water
- Set off early to avoid sudden weather changes in the afternoon
- Wear appropriate clothing and footwear
- Take your litter home with you
T20 World Cup Qualifier
October 18 – November 2
Opening fixtures
Friday, October 18
ICC Academy: 10am, Scotland v Singapore, 2.10pm, Netherlands v Kenya
Zayed Cricket Stadium: 2.10pm, Hong Kong v Ireland, 7.30pm, Oman v UAE
UAE squad
Ahmed Raza (captain), Rohan Mustafa, Ashfaq Ahmed, Rameez Shahzad, Darius D’Silva, Mohammed Usman, Mohammed Boota, Zawar Farid, Ghulam Shabber, Junaid Siddique, Sultan Ahmed, Imran Haider, Waheed Ahmed, Chirag Suri, Zahoor Khan
Players out: Mohammed Naveed, Shaiman Anwar, Qadeer Ahmed
Players in: Junaid Siddique, Darius D’Silva, Waheed Ahmed
Company%20Profile
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Company Profile
Company name: Big Farm Brothers
Started: September 2020
Founders: Vishal Mahajan and Navneet Kaur
Based: Dubai Investment Park 1
Industry: food and agriculture
Initial investment: $205,000
Current staff: eight to 10
Future plan: to expand to other GCC markets
CONFIRMED%20LINE-UP
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The bio
Favourite book: Peter Rabbit. I used to read it to my three children and still read it myself. If I am feeling down it brings back good memories.
Best thing about your job: Getting to help people. My mum always told me never to pass up an opportunity to do a good deed.
Best part of life in the UAE: The weather. The constant sunshine is amazing and there is always something to do, you have so many options when it comes to how to spend your day.
Favourite holiday destination: Malaysia. I went there for my honeymoon and ended up volunteering to teach local children for a few hours each day. It is such a special place and I plan to retire there one day.
Fight card
Bantamweight
Siyovush Gulmamadov (TJK) v Rey Nacionales (PHI)
Lightweight
Alexandru Chitoran (ROM) v Hussein Fakhir Abed (SYR)
Catch 74kg
Tohir Zhuraev (TJK) v Omar Hussein (JOR)
Strawweight (Female)
Weronika Zygmunt (POL) v Seo Ye-dam (KOR)
Featherweight
Kaan Ofli (TUR) v Walid Laidi (ALG)
Lightweight
Leandro Martins (BRA) v Abdulla Al Bousheiri (KUW)
Welterweight
Ahmad Labban (LEB) v Sofiane Benchohra (ALG)
Bantamweight
Jaures Dea (CAM) v Nawras Abzakh (JOR)
Lightweight
Mohammed Yahya (UAE) v Glen Ranillo (PHI)
Lightweight
Alan Omer (GER) v Aidan Aguilera (AUS)
Welterweight
Mounir Lazzez (TUN) Sasha Palatnikov (HKG)
Featherweight title bout
Romando Dy (PHI) v Lee Do-gyeom (KOR)
THE%20JERSEYS
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'Hocus%20Pocus%202'
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