NEW YORK // Ussama Dahabiyeh recalls with great fondness his three-week trip to the United States last year on a business fellowship.
At a closing ceremony for the programme last October, he told the assembled guests: "I am happy to say that my name is Ussama, I crossed the US from east to west twice, went to Ground Zero, visited the Senate and was not arrested!"
Mr Dahabiyeh is one of 28 young executives who have participated in the Arab & American Business Fellowship programme, the only private sector-led exchange that sends Arabs to the United States to foster corporate relationships and sends Americans to do the same in the Middle East.
Mr Dahabiyeh, who is 30 and an associate in the aerospace unit of Mubadala, the investment arm of the Abu Dhabi government, said he and 11 other Arab fellows followed a hectic schedule.
The fellowship started with a week in New York visiting 12 companies. The fellows were then split into three groups for the second week, with his group going to Seattle to visit Boeing and Microsoft and the other two groups going to Iowa and Michigan.
The final week was spent in Washington, DC, where they got a "flavour of American politics and administration".
"Everyone was open, friendly and amazingly down to earth," said Mr Dahabiyeh. "We discussed everything in our meetings; business, economy, lifestyle, history, stereotypes, politics, etc."
One of the driving forces behind the fellowships is Keith Reinhard, chairman of Business for Diplomatic Action, a non-profit group that aims to improve the standing of the United States internationally through the business community.
The group organises the fellowship with Young Arab Leaders, the Dubai-based non-profit organisation that seeks to promote Arab entrepreneurship.
Mr Reinhard said he became concerned about his country's reputation even before the US-led, 2003 Iraq war, which inflamed passions, particularly in the Middle East.
Surveys conducted in 2002 showed although there was widespread sympathy in the wake of the September 11 attacks, there was also a great deal of resentment at the perceived arrogance of the United States as it asserted its role as the world's only superpower after the end of the Cold War.
"Globalisation exacerbated the problem because it was seen as good for America but not everybody else," said Mr Reinhard, who felt the election of Barack Obama was a positive step but more work was still needed to regain international trust.
"He cannot do it alone and needs the help of the private sector, business, academia and private citizens."
An earlier initiative of Business for Diplomatic Action was the distribution of a pamphlet called the World Citizens Guide to US students before they travelled abroad.
The advice was aimed at fostering cultural awareness and a chapter called You're not in Kansas Any More told students: "Don't be the tourist who tries to impose the American way on others because you think our way is better."
"Fortunately for us, we live in a country where we have the freedom and the choice to vote and have a say on these types of issues," the booklet said.
"In many countries, that is not the case. This doesn't mean that we are better than they are. Many governments were in place long before our country even existed."
Raghda Shaheen, a 26-year-old Palestinian-Canadian born in Kuwait, said the fellowship programme was a "great learning experience on both sides".
"I also believe that it was a valuable chance to bridge both cultures and to further break the stereotypes on both ends," said Ms Shaheen, who is a senior business process consultant at the Dubai International Financial Centre.
Alaa Zayed, 29, was born in Egypt and is assistant vice chairman at Gulf Group Holding Co, an industrial company, in Kuwait.
"I was astonished by the simplicity of life and how the Americans are so humble and friendly," he said.
Saiid Saber, 30, was also struck by the friendliness of the Americans he met.
"Having had the chance to take a look from the other side of the telescope, I would have to say that life in the US is just different from what the media and Hollywood convey," said Mr Saber, who works for Rox Management Consultants in Beirut.
Mr Reinhard last week gave a reception for US company representatives and others involved in the fellowship at his sumptuous 70th floor apartment in the Time Warner Center at New York's Columbus Circle.
Among the guests being wooed to sponsor 30 Arab fellows later this year was Jay Kriegel, a senior adviser to the Related real estate company, which has already hosted some Arab executives.
He told the guests that he had felt "ginger" before meeting the Arab fellows but was pleasantly surprised when they expressed an interest in learning about the Jewish day of Yom Kippur, a solemn holiday known in English as the Day of Atonement.
"They were incredibly enthusiastic and I know a little more about their holidays too now," he said.
The American fellows spend three weeks in the Middle East visiting companies that have included the Abu Dhabi Media Company, Dubailand and the Dubai International Finance Centre.
Jeff Forsythe, who works in speciality sales for United Airlines, said he had started learning Arabic after his fellowship spent in Abu Dhabi, Dubai and Kuwait City. He had also stayed in touch with some of the Arab fellows he met in the Middle East and who had already proved useful in his work.
"We noticed recently a surge in travel to Beirut so I called my Lebanese friend who quickly told me about the elections and also the booming real estate market," he said.
"I think what surprised me most was the drive and ambition of the people I met and I was not prepared for this."
sdevi@thenational.ae
Scoreline
Liverpool 4
Oxlade-Chamberlain 9', Firmino 59', Mane 61', Salah 68'
Manchester City 3
Sane 40', Bernardo Silva 84', Gundogan 90' 1
Zayed Sustainability Prize
Multitasking pays off for money goals
Tackling money goals one at a time cost financial literacy expert Barbara O'Neill at least $1 million.
That's how much Ms O'Neill, a distinguished professor at Rutgers University in the US, figures she lost by starting saving for retirement only after she had created an emergency fund, bought a car with cash and purchased a home.
"I tell students that eventually, 30 years later, I hit the million-dollar mark, but I could've had $2 million," Ms O'Neill says.
Too often, financial experts say, people want to attack their money goals one at a time: "As soon as I pay off my credit card debt, then I'll start saving for a home," or, "As soon as I pay off my student loan debt, then I'll start saving for retirement"."
People do not realise how costly the words "as soon as" can be. Paying off debt is a worthy goal, but it should not come at the expense of other goals, particularly saving for retirement. The sooner money is contributed, the longer it can benefit from compounded returns. Compounded returns are when your investment gains earn their own gains, which can dramatically increase your balances over time.
"By putting off saving for the future, you are really inhibiting yourself from benefiting from that wonderful magic," says Kimberly Zimmerman Rand , an accredited financial counsellor and principal at Dragonfly Financial Solutions in Boston. "If you can start saving today ... you are going to have a lot more five years from now than if you decide to pay off debt for three years and start saving in year four."
More from Neighbourhood Watch:
Countries offering golden visas
UK
Innovator Founder Visa is aimed at those who can demonstrate relevant experience in business and sufficient investment funds to set up and scale up a new business in the UK. It offers permanent residence after three years.
Germany
Investing or establishing a business in Germany offers you a residence permit, which eventually leads to citizenship. The investment must meet an economic need and you have to have lived in Germany for five years to become a citizen.
Italy
The scheme is designed for foreign investors committed to making a significant contribution to the economy. Requires a minimum investment of €250,000 which can rise to €2 million.
Switzerland
Residence Programme offers residence to applicants and their families through economic contributions. The applicant must agree to pay an annual lump sum in tax.
Canada
Start-Up Visa Programme allows foreign entrepreneurs the opportunity to create a business in Canada and apply for permanent residence.
The specs
Engine: 2.0-litre turbo 4-cyl
Transmission: eight-speed auto
Power: 190bhp
Torque: 300Nm
Price: Dh169,900
On sale: now
A list of the animal rescue organisations in the UAE
PROFILE OF SWVL
Started: April 2017
Founders: Mostafa Kandil, Ahmed Sabbah and Mahmoud Nouh
Based: Cairo, Egypt
Sector: transport
Size: 450 employees
Investment: approximately $80 million
Investors include: Dubai’s Beco Capital, US’s Endeavor Catalyst, China’s MSA, Egypt’s Sawari Ventures, Sweden’s Vostok New Ventures, Property Finder CEO Michael Lahyani
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The view from The National
The National's picks
4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young
What is blockchain?
Blockchain is a form of distributed ledger technology, a digital system in which data is recorded across multiple places at the same time. Unlike traditional databases, DLTs have no central administrator or centralised data storage. They are transparent because the data is visible and, because they are automatically replicated and impossible to be tampered with, they are secure.
The main difference between blockchain and other forms of DLT is the way data is stored as ‘blocks’ – new transactions are added to the existing ‘chain’ of past transactions, hence the name ‘blockchain’. It is impossible to delete or modify information on the chain due to the replication of blocks across various locations.
Blockchain is mostly associated with cryptocurrency Bitcoin. Due to the inability to tamper with transactions, advocates say this makes the currency more secure and safer than traditional systems. It is maintained by a network of people referred to as ‘miners’, who receive rewards for solving complex mathematical equations that enable transactions to go through.
However, one of the major problems that has come to light has been the presence of illicit material buried in the Bitcoin blockchain, linking it to the dark web.
Other blockchain platforms can offer things like smart contracts, which are automatically implemented when specific conditions from all interested parties are reached, cutting the time involved and the risk of mistakes. Another use could be storing medical records, as patients can be confident their information cannot be changed. The technology can also be used in supply chains, voting and has the potential to used for storing property records.
Dr Afridi's warning signs of digital addiction
Spending an excessive amount of time on the phone.
Neglecting personal, social, or academic responsibilities.
Losing interest in other activities or hobbies that were once enjoyed.
Having withdrawal symptoms like feeling anxious, restless, or upset when the technology is not available.
Experiencing sleep disturbances or changes in sleep patterns.
What are the guidelines?
Under 18 months: Avoid screen time altogether, except for video chatting with family.
Aged 18-24 months: If screens are introduced, it should be high-quality content watched with a caregiver to help the child understand what they are seeing.
Aged 2-5 years: Limit to one-hour per day of high-quality programming, with co-viewing whenever possible.
Aged 6-12 years: Set consistent limits on screen time to ensure it does not interfere with sleep, physical activity, or social interactions.
Teenagers: Encourage a balanced approach – screens should not replace sleep, exercise, or face-to-face socialisation.
Source: American Paediatric Association
UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
Straightforward ways to reduce sugar in your family's diet
- Ban fruit juice and sodas
- Eat a hearty breakfast that contains fats and wholegrains, such as peanut butter on multigrain toast or full-fat plain yoghurt with whole fruit and nuts, to avoid the need for a 10am snack
- Give young children plain yoghurt with whole fruits mashed into it
- Reduce the number of cakes, biscuits and sweets. Reserve them for a treat
- Don’t eat dessert every day
- Make your own smoothies. Always use the whole fruit to maintain the benefit of its fibre content and don’t add any sweeteners
- Always go for natural whole foods over processed, packaged foods. Ask yourself would your grandmother have eaten it?
- Read food labels if you really do feel the need to buy processed food
- Eat everything in moderation
Ovo's tips to find extra heat
- Open your curtains when it’s sunny
- Keep your oven open after cooking
- Have a cuddle with pets and loved ones to help stay cosy
- Eat ginger but avoid chilli as it makes you sweat
- Put on extra layers
- Do a few star jumps
- Avoid alcohol
Credits
Produced by: Colour Yellow Productions and Eros Now
Director: Mudassar Aziz
Cast: Sonakshi Sinha, Jimmy Sheirgill, Jassi Gill, Piyush Mishra, Diana Penty, Aparshakti Khurrana
Star rating: 2.5/5
The Settlers
Director: Louis Theroux
Starring: Daniella Weiss, Ari Abramowitz
Rating: 5/5
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US tops drug cost charts
The study of 13 essential drugs showed costs in the United States were about 300 per cent higher than the global average, followed by Germany at 126 per cent and 122 per cent in the UAE.
Thailand, Kenya and Malaysia were rated as nations with the lowest costs, about 90 per cent cheaper.
In the case of insulin, diabetic patients in the US paid five and a half times the global average, while in the UAE the costs are about 50 per cent higher than the median price of branded and generic drugs.
Some of the costliest drugs worldwide include Lipitor for high cholesterol.
The study’s price index placed the US at an exorbitant 2,170 per cent higher for Lipitor than the average global price and the UAE at the eighth spot globally with costs 252 per cent higher.
High blood pressure medication Zestril was also more than 2,680 per cent higher in the US and the UAE price was 187 per cent higher than the global price.
Killing of Qassem Suleimani
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Dust and sand storms compared
Sand storm
- Particle size: Larger, heavier sand grains
- Visibility: Often dramatic with thick "walls" of sand
- Duration: Short-lived, typically localised
- Travel distance: Limited
- Source: Open desert areas with strong winds
Dust storm
- Particle size: Much finer, lightweight particles
- Visibility: Hazy skies but less intense
- Duration: Can linger for days
- Travel distance: Long-range, up to thousands of kilometres
- Source: Can be carried from distant regions
UK's plans to cut net migration
Under the UK government’s proposals, migrants will have to spend 10 years in the UK before being able to apply for citizenship.
Skilled worker visas will require a university degree, and there will be tighter restrictions on recruitment for jobs with skills shortages.
But what are described as "high-contributing" individuals such as doctors and nurses could be fast-tracked through the system.
Language requirements will be increased for all immigration routes to ensure a higher level of English.
Rules will also be laid out for adult dependants, meaning they will have to demonstrate a basic understanding of the language.
The plans also call for stricter tests for colleges and universities offering places to foreign students and a reduction in the time graduates can remain in the UK after their studies from two years to 18 months.
COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
MISSION: IMPOSSIBLE – FINAL RECKONING
Director: Christopher McQuarrie
Starring: Tom Cruise, Hayley Atwell, Simon Pegg
Rating: 4/5
CREW
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'Skin'
Dir: Guy Nattiv
Starring: Jamie Bell, Danielle McDonald, Bill Camp, Vera Farmiga
Rating: 3.5/5 stars
The five pillars of Islam
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
Skewed figures
In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458.
The specs: Macan Turbo
Engine: Dual synchronous electric motors
Power: 639hp
Torque: 1,130Nm
Transmission: Single-speed automatic
Touring range: 591km
Price: From Dh412,500
On sale: Deliveries start in October
Babumoshai Bandookbaaz
Director: Kushan Nandy
Starring: Nawazuddin Siddiqui, Bidita Bag, Jatin Goswami
Three stars
Mohammed bin Zayed Majlis
Killing of Qassem Suleimani
Tank warfare
Lt Gen Erik Petersen, deputy chief of programs, US Army, has argued it took a “three decade holiday” on modernising tanks.
“There clearly remains a significant armoured heavy ground manoeuvre threat in this world and maintaining a world class armoured force is absolutely vital,” the general said in London last week.
“We are developing next generation capabilities to compete with and deter adversaries to prevent opportunism or miscalculation, and, if necessary, defeat any foe decisively.”
Ticket prices
General admission Dh295 (under-three free)
Buy a four-person Family & Friends ticket and pay for only three tickets, so the fourth family member is free
Buy tickets at: wbworldabudhabi.com/en/tickets
TRAP
Starring: Josh Hartnett, Saleka Shyamalan, Ariel Donaghue
Director: M Night Shyamalan
Rating: 3/5