The rationalisation of political discourse



Extreme political discourse ignores people's interests while engaging youth in direct clashes with security forces, remarked Mansour al Jumari in an opinion piece for the Bahraini newspaper Al Wasat. Those who mobilise people are supposed to consider the general public's opinion before debating national issue to avoid potential tensions and attain effective political goals.

It is noticeable that a new generation of youth hold extreme views and look at politics from an absolutely negative perspective. For the most part, extreme politicians - of course aged and more mature - lure younger people to act on their behalf in "a game of authority and opposition". This creates a tense situation where mistrust prevails amid rejection of those who hold more moderate views. Such a situation does not encourage a healthy debate and misses an opportunity to act for the general interests of the community.

"Extreme political discourse produces a hardline form of rhetoric that is void of substance. Many young people, in the process, lose opportunities for growth; many, unfortunately, end up in jail. Many of those who manipulate them remain free and at large." Those who produce extreme discourse have a right to express themselves, but it is unacceptable that they undermine the views of others or cause them harm.

Bassam al Dhaw, in a comment piece for the Qatari newspaper Al Watan, shed light on the concept of pan-Arab security, saying it is an ambiguous concept. "At present, pan-Arab security has no definite meaning, and at best it is buzzword that hardly creates any impact on the public. This is because most people know that it is not truly translated on the ground."

Officials should abandon the use of it in respect of people's intelligence, because they know their governments are not actively engaged in such a process. Arab countries brandish this slogan and make people believe they are acting accordingly. What is more, those in power, themselves, do not agree on one political map defining who is friend and who is foe. Similarly, they are still far from being aware of all the challenges facing them as one Arab nation. When meeting in summits and other official meetings, Arab countries express the opposite of what they believe. And in final statements, they draft common security interests and goals, but they hardly come to bring into being those proclaimed joint efforts. "It is imperative to devise a strategic pan-Arab security plan. Unfortunately, the prevailing political situation forces each country to focus rather narrowly on national security bound to immediate concerns of the economy."

Since the emergence of satellite channels, the official media in the Arab world has faced new public demands triggered by a comparison between the content of the new platforms and the old bureaucratic outlets, observed Abdul Hameed Muslim al Majali in a comment piece for the Jordanian newspaper Al Rai.

Because of these demands, radio and television directors were changed ten times in Jordan. Each time, the new incumbent was welcomed and hope was high some change would come true, but no one was capable of meeting public aspirations. So was it a problem of people or a problem related to our high expectations? Some countries rushed to save their official media before the public deserted them in favour of foreign channels. Those who succeeded were able to answer a simple question: how to maintain the interests of local viewers? The vision is less than complex: focusing on local issues while giving more freedom in discussing them and enough financial support to produce quality material.

"In recent years, we have been inconsistent in our demands. We have asked media outlets to be informative, purely political and attractive, and at the same time from a local perspective." That is why we cannot blame those in charge of managing official media because they were not provided with the necessary tools to effect change. What is needed is time, strategy and resources.

"Even seven years after Saddam Hussein's regime was deposed, a discrimination policy continues among some political parties that seek to restore sectarianism in Iraq," noted the UAE newspaper Akhbar al Arab in its lead article. This came after a series of events. First, parties protested against the return of exiled former politicians. Second, the Accountability and Justice Authority Commission rejected the candidacy of 517 persons on grounds that they were promoting the Baathist ideology. Lastly, the Baghdad governor announced that a campaign would be launched to weed out former Baathists in all state departments.

What is risky in such a manoeuvre is the revival of sectarianism at the expense of nationalism, which will affect all attempts to consolidate the country's unity. A discrimination policy is likely to prompt anti-governent sentiments among a great portion of Iraqis that could in turn empower a front of "rebel forces". "So instead of excluding those forces, it would be better to involve them in a democratic process based on pluralism and alternation of power. In such a system, veterans, as well as exiled politicians, could come together in the spirit of democracy. They could work together to restore the unity of Iraq."

* Digest compiled by Mostapha Elmouloudi melmouloudi@thenational.ae

Visa changes give families fresh hope

Foreign workers can sponsor family members based solely on their income

Male residents employed in the UAE can sponsor immediate family members, such as wife and children, subject to conditions that include a minimum salary of Dh 4,000 or Dh 3,000 plus accommodation.

Attested original marriage certificate, birth certificate of the child, ejari or rental contract, labour contract, salary certificate must be submitted to the government authorised typing centre to complete the sponsorship process

In Abu Dhabi, a woman can sponsor her husband and children if she holds a residence permit stating she is an engineer, teacher, doctor, nurse or any profession related to the medical sector and her monthly salary is at least Dh 10,000 or Dh 8,000 plus accommodation.

In Dubai, if a woman is not employed in the above categories she can get approval to sponsor her family if her monthly salary is more than Dh 10,000 and with a special permission from the Department of Naturalization and Residency Dubai.

To sponsor parents, a worker should earn Dh20,000 or Dh19,000 a month, plus a two-bedroom accommodation

 

 

 

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Kill

Director: Nikhil Nagesh Bhat

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

Rating: 4.5/5

EMIRATES'S REVISED A350 DEPLOYMENT SCHEDULE

Edinburgh: November 4 (unchanged)

Bahrain: November 15 (from September 15); second daily service from January 1

Kuwait: November 15 (from September 16)

Mumbai: January 1 (from October 27)

Ahmedabad: January 1 (from October 27)

Colombo: January 2 (from January 1)

Muscat: March 1 (from December 1)

Lyon: March 1 (from December 1)

Bologna: March 1 (from December 1)

Source: Emirates

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: Almouneer
Started: 2017
Founders: Dr Noha Khater and Rania Kadry
Based: Egypt
Number of staff: 120
Investment: Bootstrapped, with support from Insead and Egyptian government, seed round of
$3.6 million led by Global Ventures

Sui Dhaaga: Made in India

Director: Sharat Katariya

Starring: Varun Dhawan, Anushka Sharma, Raghubir Yadav

3.5/5

Godzilla x Kong: The New Empire

Director: Adam Wingard

Starring: Brian Tyree Henry, Rebecca Hall, Dan Stevens

Rating: 4/5

Match info

Liverpool 4
Salah (19'), Mane (45+2', 53'), Sturridge (87')

West Ham United 0

A QUIET PLACE

Starring: Lupita Nyong'o, Joseph Quinn, Djimon Hounsou

Director: Michael Sarnoski

Rating: 4/5

MEDIEVIL (1998)

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

Know before you go
  • Jebel Akhdar is a two-hour drive from Muscat airport or a six-hour drive from Dubai. It’s impossible to visit by car unless you have a 4x4. Phone ahead to the hotel to arrange a transfer.
  • If you’re driving, make sure your insurance covers Oman.
  • By air: Budget airlines Air Arabia, Flydubai and SalamAir offer direct routes to Muscat from the UAE.
  • Tourists from the Emirates (UAE nationals not included) must apply for an Omani visa online before arrival at evisa.rop.gov.om. The process typically takes several days.
  • Flash floods are probable due to the terrain and a lack of drainage. Always check the weather before venturing into any canyons or other remote areas and identify a plan of escape that includes high ground, shelter and parking where your car won’t be overtaken by sudden downpours.

 

Company Profile

Name: Takestep
Started: March 2018
Founders: Mohamed Khashaba, Mohamed Abdallah, Mohamed Adel Wafiq and Ayman Taha
Based: Cairo, Egypt
Sector: health technology
Employees: 11 full time and 22 part time
Investment stage: pre-Series A