Daily bustle goes on in and around the historic Mutrah Souk in downtown Muscat, the capital of Oman.
Daily bustle goes on in and around the historic Mutrah Souk in downtown Muscat, the capital of Oman.

A calm Arab summer follows Oman's Arab spring



MUSCAT // Khattab shakes his head when he recalls the Arab Spring-inspired protests that first dotted Oman in January 2011.
"I was with them at the beginning," the middle-aged father said, recounting his support for the young men and women who gathered by the thousands in cities and towns, from Salalah to Sur and Sohar to Muscat.
Khattab, an IT manager at a government ministry, identified with their calls for more jobs, more transparency, and more input into government.
But now, like many Omanis, Khattab decided that he "just wanted peace again".
A combination of promised reforms, increases in welfare spending over the past two years, plus a string of arrests at home and chaos elsewhere in the region convinced many Omanis to push for change more quietly.
"Looking around at the rest of the region, the danger to us is very real. And the Sultan changed many things," he said.
The result is that Oman, perhaps more than any other Arab Spring country, has transitioned back to calm.
"We're now moving through a controlled transition, one that wouldn't have happened if not for the Arab Spring, which pushed the government to be more accountable," said Ra'id Al Jamali, an Omani commentator.
But even that type of process comes at a price. Many civil society groups are laying low while more than 40 activists and protesters are in jail for charges such as insulting the ruler. Seventeen jailed Omani cyber activists, for example, have begun a hunger strike in protest against delays in their appeals, local media reported yesterday.
The transition is most visible in Oman's promise to help ease the burden of a rising cost of living. On Saturday, the Shura Council approved a 60 per cent increase in the minimum private sector wage for Omanis, to 325 rials per month (Dh 3,100).
The government is also investing directly in social spending, such as education, social security, and health care. Its 12.9-billion rial (Dh 123.bn) 2013 budget is the largest ever - by a margin of 29 per cent.
Oman will spend about 45 per cent more on housing this year, which includes building 4,000 new units for lower-income families. Electricity and food are heavily subsidised and, last year, the country raised the unemployment grant to 150 rials per month (Dh1,431).
But most striking of all is the 50 per cent of the budget that is spent on maintaining government ministries, which have absorbed 36,000 new Omani workers into their ranks since 2011. Salaries and pensions have simultaneously expanded, and at least 20,000 new government jobs are promised again this year.
The lure of winning one of those government jobs has been enough to assuage some would-be protesters. One of the most persistent myths surrounding the 2011 protests is a story of a group of demonstrators who were rounded up by security forces and taken directly to an office, where they were hired for government jobs.
For now, Oman can afford the boost in spending. The country boasts 5.5 billion barrels in proven oil reserves and is the second-largest exporter of natural gas in the Gulf.
But the spending cannot increase much further without government budgets slipping deficits. Oman's break-even price for oil this year is now roughly double what it was in 2011, at US$104 (Dh 382) per barrel.
Calls for political reform have been met more slowly but, here too, there has been change. Oman held its first municipal elections in January, following a vote in October 2011 for a new lower assembly, the Majlis Shura, with moderately expanded powers to question ministers and suggest policies. Three activists who had been involved in the protests were elected to the advisory body.
Debate over the 2013 budget was demonstrative of the new dynamic in the Majlis. For the first time, members saw detailed accounts of revenue and expenditure, and demanded more evidence from the ministries explaining how the money would be spent.
Ali Al Zuwaidi, an online administrator who was arrested for posts about government corruption in a high profile case in 2010, warns that although Omanis concerns have been allayed by reforms, fear of the state has also played a role in the country's return to calm.
"People are not willing to go to jail," said Mr Zuwaidi, who has since been reinstated in his job with the civil aviation department. "They think, why should I speak out when I am living a good life?"
Community groups and watchdog organisations have also tempered their government criticism.
"Over the last two years, the number of civil society institutions has quadrupled, but their effect has actually declined. It's been a step back," said Khalid Al Haribi, an Omani commentator. "These groups are afraid of the consequences of presenting an alternative viewpoint."
There is another kind of fear permeating conversations here too: concern about being dragged into a region wracked by turmoil. The examples of Bahrain and Syria loom large over Oman, whose particular brand of Ibadi Islam has sheltered the country from waves of sectarian tension.
"Many people are trying to use religion to cause trouble, but the protests were about jobs, not politics, and, to me, political Islam is very dangerous," said Khattab.
Still, many here worry that the changes since 2011 have been largely aesthetic.
Some Omanis in Muscat say they had hoped to watch the Majlis budget debate, for example, but it was held behind closed doors. Likewise, municipal elections have brought new local leaders into office for the first time, but it is not yet clear what will be their function.
"In order for change to work, you need it to be legitimate and credible. Everything that the government has done is legitimate. The leadership listened to the voice of the people and responded," said Mr Haribi.
"But now the issue is credibility. What's dangerous is if the changes - such as the municipal elections - are not followed by real powers."
edickinson@thenational.ae
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MATCH INFO

Manchester United 1 (Rashford 36')

Liverpool 1 (Lallana 84')

Man of the match: Marcus Rashford (Manchester United)

Results:

Men's 100m T34: 1. Walid Ktila (TUN) 15 sec; 2. Rheed McCracken (AUS) 15.40; 3. Mohammed Al Hammadi (UAE) 15.75. Men's 400m T34: 1. Walid Ktila (TUN) 50.56; 2. Mohammed Al Hammadi (UAE) 50.94; 3. Henry Manni (FIN) 52.24.

COMPANY PROFILE

Name: Xpanceo

Started: 2018

Founders: Roman Axelrod, Valentyn Volkov

Based: Dubai, UAE

Industry: Smart contact lenses, augmented/virtual reality

Funding: $40 million

Investor: Opportunity Venture (Asia)

BANGLADESH SQUAD

Mashrafe Mortaza (captain), Tamim Iqbal, Liton Das, Soumya Sarkar, Mushfiqur Rahim (wicketkeeper), Mahmudullah, Shakib Al Hasan (vice captain), Mohammad Mithun, Sabbir Rahaman, Mosaddek Hossain, Mohammad Saifuddin, Mehidy Hasan Miraz, Rubel Hossain, Mustafizur Rahman, Abu Jayed (Reporting by Rohith Nair in Bengaluru Editing by Amlan Chakraborty)

COMPANY PROFILE

Name: Haltia.ai
Started: 2023
Co-founders: Arto Bendiken and Talal Thabet
Based: Dubai, UAE
Industry: AI
Number of employees: 41
Funding: About $1.7 million
Investors: Self, family and friends

Match info

Liverpool 3
Hoedt (10' og), Matip (21'), Salah (45+3')

Southampton 0

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

Company Profile 

Founder: Omar Onsi

Launched: 2018

Employees: 35

Financing stage: Seed round ($12 million)

Investors: B&Y, Phoenician Funds, M1 Group, Shorooq Partners

Barbie

Director: Greta Gerwig
Stars: Margot Robbie, Ryan Gosling, Will Ferrell, America Ferrera
Rating: 4/5

How to keep control of your emotions

If your investment decisions are being dictated by emotions such as fear, greed, hope, frustration and boredom, it is time for a rethink, Chris Beauchamp, chief market analyst at online trading platform IG, says.

Greed

Greedy investors trade beyond their means, open more positions than usual or hold on to positions too long to chase an even greater gain. “All too often, they incur a heavy loss and may even wipe out the profit already made.

Tip: Ignore the short-term hype, noise and froth and invest for the long-term plan, based on sound fundamentals.

Fear

The risk of making a loss can cloud decision-making. “This can cause you to close out a position too early, or miss out on a profit by being too afraid to open a trade,” he says.

Tip: Start with a plan, and stick to it. For added security, consider placing stops to reduce any losses and limits to lock in profits.

Hope

While all traders need hope to start trading, excessive optimism can backfire. Too many traders hold on to a losing trade because they believe that it will reverse its trend and become profitable.

Tip: Set realistic goals. Be happy with what you have earned, rather than frustrated by what you could have earned.

Frustration

Traders can get annoyed when the markets have behaved in unexpected ways and generates losses or fails to deliver anticipated gains.

Tip: Accept in advance that asset price movements are completely unpredictable and you will suffer losses at some point. These can be managed, say, by attaching stops and limits to your trades.

Boredom

Too many investors buy and sell because they want something to do. They are trading as entertainment, rather than in the hope of making money. As well as making bad decisions, the extra dealing charges eat into returns.

Tip: Open an online demo account and get your thrills without risking real money.

Company profile

Name: Tabby
Founded: August 2019; platform went live in February 2020
Founder/CEO: Hosam Arab, co-founder: Daniil Barkalov
Based: Dubai, UAE
Sector: Payments
Size: 40-50 employees
Stage: Series A
Investors: Arbor Ventures, Mubadala Capital, Wamda Capital, STV, Raed Ventures, Global Founders Capital, JIMCO, Global Ventures, Venture Souq, Outliers VC, MSA Capital, HOF and AB Accelerator.

ETFs explained

Exhchange traded funds are bought and sold like shares, but operate as index-tracking funds, passively following their chosen indices, such as the S&P 500, FTSE 100 and the FTSE All World, plus a vast range of smaller exchanges and commodities, such as gold, silver, copper sugar, coffee and oil.

ETFs have zero upfront fees and annual charges as low as 0.07 per cent a year, which means you get to keep more of your returns, as actively managed funds can charge as much as 1.5 per cent a year.

There are thousands to choose from, with the five biggest providers BlackRock’s iShares range, Vanguard, State Street Global Advisors SPDR ETFs, Deutsche Bank AWM X-trackers and Invesco PowerShares.

UAE currency: the story behind the money in your pockets
All The Light We Cannot See

Creator: Steven Knight

Stars: Mark Ruffalo, Hugh Laurie, Aria Mia Loberti

Rating: 1/5 

Company Profile

Company name: Cargoz
Date started: January 2022
Founders: Premlal Pullisserry and Lijo Antony
Based: Dubai
Number of staff: 30
Investment stage: Seed

'Midnights'

Artist: Taylor Swift

Label: Republic Records

Rating: 4/5

Results

Stage 7:
1. Adam Yates (GBR) UAE Team Emirates – 3hrs 29min 42ses
2. Remco Evenepoel (BEL) Soudal Quick-Step – 10sec
3. Geoffrey Bouchard (FRA) AG2R Citroen Team – 42sec
General Classification:
1. Remco Evenepoel (BEL) Soudal Quick-Step
2. Lucas Plapp (AUS) Ineos Grenaders – 59se
3. Adam Yates (GBR) UAE Team Emirates –60sec
Red Jersey (General Classification): Remco Evenepoel (BEL) Soudal Quick-Step
Green Jersey (Points Classification): Tim Merlier (BEL) Soudal Quick-Step
White Jersey (Young Rider Classification): Remco Evenepoel (BEL) Soudal Quick-Step
Black Jersey (Intermediate Sprint Classification): Edward Planckaert (FRA) Alpecin-Deceuninck

MEDIEVIL (1998)

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

MATCH INFO

What: Brazil v South Korea
When: Tonight, 5.30pm
Where: Mohamed bin Zayed Stadium, Abu Dhabi
Tickets: www.ticketmaster.ae

WISH

Directors: Chris Buck, Fawn Veerasunthorn
Stars: Ariana DeBose, Chris Pine, Alan Tudyk
Rating: 3.5/5

Company profile

Name: Fruitful Day

Founders: Marie-Christine Luijckx, Lyla Dalal AlRawi, Lindsey Fournie

Based: Dubai, UAE

Founded: 2015

Number of employees: 30

Sector: F&B

Funding so far: Dh3 million

Future funding plans: None at present

Future markets: Saudi Arabia, potentially Kuwait and other GCC countries

Company Profile

Name: Direct Debit System
Started: Sept 2017
Based: UAE with a subsidiary in the UK
Industry: FinTech
Funding: Undisclosed
Investors: Elaine Jones
Number of employees: 8

SPECS

Engine: 1.5-litre turbo

Power: 181hp

Torque: 230Nm

Transmission: 6-speed automatic

Starting price: Dh79,000

On sale: Now

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

The specs

Engine: 5.0-litre supercharged V8

Transmission: Eight-speed auto

Power: 575bhp

Torque: 700Nm

Price: Dh554,000

On sale: now

England's all-time record goalscorers:
Wayne Rooney 53
Bobby Charlton 49
Gary Lineker 48
Jimmy Greaves 44
Michael Owen 40
Tom Finney 30
Nat Lofthouse 30
Alan Shearer 30
Viv Woodward 29
Frank Lampard 29

COMPANY PROFILE

Company: Eco Way
Started: December 2023
Founder: Ivan Kroshnyi
Based: Dubai, UAE
Industry: Electric vehicles
Investors: Bootstrapped with undisclosed funding. Looking to raise funds from outside

Sarfira

Director: Sudha Kongara Prasad

Starring: Akshay Kumar, Radhika Madan, Paresh Rawal

Rating: 2/5

If you go...

Etihad Airways flies from Abu Dhabi to Kuala Lumpur, from about Dh3,600. Air Asia currently flies from Kuala Lumpur to Terengganu, with Berjaya Hotels & Resorts planning to launch direct chartered flights to Redang Island in the near future. Rooms at The Taaras Beach and Spa Resort start from 680RM (Dh597).

Where can I submit a sample?

Volunteers can now submit DNA samples at a number of centres across Abu Dhabi. The programme is open to all ages.

Collection centres in Abu Dhabi include:

  • Abu Dhabi National Exhibition Centre (ADNEC)
  • Biogenix Labs in Masdar City
  • Al Towayya in Al Ain
  • NMC Royal Hospital in Khalifa City
  • Bareen International Hospital
  • NMC Specialty Hospital, Al Ain
  • NMC Royal Medical Centre - Abu Dhabi
  • NMC Royal Women’s Hospital.