The Stern School of Business at NYU Abu Dhabi was officially opened on Monday night, with a promise to use academic excellence to nurture global change-makers to cement the city’s growing position as an international business hub.
The first batch of 54 graduates from 25 countries are keen to study in a country and region that welcomes overseas talent.
Stern is the highest globally ranked business school offering a full-time MBA in the Middle East and North Africa region, with graduates receiving a degree jointly conferred by NYU Stern and NYU Abu Dhabi.
It's Stern calibre geared to our Middle East context and that is extremely powerful
Devina Taimni,
student from first 2025 Stern at NYUAD batch
Robert Salomon, dean of the Stern School of Business at NYUAD, told The National the demand for business talent had grown dramatically in the region. “The UAE sits at the heart of this dynamic region, offering a diverse and thriving environment for growth in almost any field you can imagine,” he said. “That’s why it’s such a big deal that Stern is expanding its global reach by launching this programme, it’s the first time the school will offer its flagship MBA programme outside of New York City.”
The MBA programme will match the rigour of two-year education with a strong focus on the Middle East economy. The class of 2025 will work on projects with leading firms such as Microsoft, Abu Dhabi Global Markets, Masdar and Cleveland Clinic Abu Dhabi, and includes a study module at the New York campus.
A cross section of students, who have worked in consulting, financial and technology companies, outline why they are enthusiastic about the programme.
Learning should never stop
Emirati entrepreneur Layla Al Mulla remembers sending an email to NYUAD more than a decade ago to ask whether the university would open a business school and is thrilled to be in the first batch.
“Learning should never stop,” the Abu Dhabi resident said. “Even 10 years ago, when I emailed NYU, I knew then that I wanted to study further.”
Ms Al Mulla, 37, has worked in business development in the real estate and port sectors before starting businesses in the retail, food and beverage sector in 2015.
“I manage four small businesses and have reached a point where I feel I need more knowledge,” she said. “If I can learn more to scale up or I get inspired with a new idea that I can implement in my country, that will be incredible.”
Mother to three boys, aged between six and 12, studying close to home and keeping an eye on her businesses is invaluable.
“When my boys go to school, I’m going to university. The boys are proud of me and I have a very supportive husband,” she said. “I made a promise to myself that as I have been accepted to one of the strongest programmes in world, I want to make my country proud.”
Part of the growth story
US citizen Matthew Chronis is a strong believer “in the trajectory of the economy in the UAE and the GCC and wants to be part of growing the economy".
Raised in San Diego, Mr Chronis has worked in the financial services sector in the Dallas-Fort Worth area, and visited the UAE for work and on holiday over the past few years.
“It feels more stimulating and exciting to be in a part of the world that is growing so vastly, rather than be part of the world like the US that is continuing to grow but is further along in its growth cycle,” he said.
A one-year MBA means he would lose only 12 months of earnings as opposed to a typical two-year business programme. The class diversity is a stepping stone to building connections.
“My chief reason for the MBA was so I could build a network out here and really start to dig some roots in the GCC,” he said. "It is tough to do that when you come out on short trips."
Adopting AI
Emirati computer engineer Hamdan Al Hosani, 28, is excited to be part of a top US business school in his home country. “I was actually the first to be admitted, so there was such excitement about being accepted,” he said. “It is also prestigious because people know the school name and it is highly reputed throughout the industry.”
Having worked in the technology departments of Aldar and du, picking up managerial skills is key. “The experiential learning drew me because it’s the leadership skills I will learn and network I will build,” Mr Al Hosani said. “We will work on signature internship projects with big clients and this will give me perspective on how global businesses operate.”
The Abu Dhabi resident also hopes to grasp the nuances of new technology along the way. “Adoption of AI is a hot topic, this programme will help me gain the business acumen to understand how to persuade, how to lead people to change, because change is not easy to implement,” he said.
Welcoming foreign talent
Devina Taimni said a big draw for students was that the UAE and region was ready to welcome foreign talent.
Ms Taimni, 25, has lived in the UAE, studied in the UK and US, worked in a chemical firm in Texas and was part of a legal research team for an Indian judge in New Delhi.
“I’m looking to pivot into financial services and given the big businesses with Mena headquarters, the job market is much more attractive here," she said. “People are also much more welcoming of foreign talent. That’s the pull for the many Americans and Europeans in our class because they recognise these regions are more welcoming for long-term growth.”
Internship opportunities with top firms are a big draw, too. “These internships are pivotal,” she said. “It’s very attractive for people who want to get a foot in the door because I don’t have any previous experience in finance but know that’s the direction I want to take.”
She said Stern NYU’s motto – "Change, dare it, dream it, drive it" – echoes her ambition to harness every opportunity.
Future change-makers
Robert Salomon, dean of the new school, has been a faculty member at Stern NY since 2005 and was vice dean for executive programmes. He said the emirate was a natural choice for Stern.
“Abu Dhabi is quickly becoming a global capital, increasingly an academic, cultural, financial and business hub,” he said.
Faculty members with doctorates from the world’s top business schools will teach and conduct research in Abu Dhabi. “We’re bringing together a diverse group of talented professionals and future business leaders,” Mr Salomon said.
“By tapping into NYU’s global network, Stern’s reputation for academic excellence and Abu Dhabi’s status as a major business hub, we’re offering an experience that you can’t find elsewhere.
“Students are choosing our programme because they believe in what we’re building – a strong network of graduates who aren’t just future business leaders but change-makers ready to make a real impact, both locally and globally.”
More on Quran memorisation:
When Umm Kulthum performed in Abu Dhabi
Known as The Lady of Arabic Song, Umm Kulthum performed in Abu Dhabi on November 28, 1971, as part of celebrations for the fifth anniversary of the accession of Sheikh Zayed bin Sultan Al Nahyan as Ruler of Abu Dhabi. A concert hall was constructed for the event on land that is now Al Nahyan Stadium, behind Al Wahda Mall. The audience were treated to many of Kulthum's most well-known songs as part of the sold-out show, including Aghadan Alqak and Enta Omri.
UAE jiu-jitsu squad
Men: Hamad Nawad and Khalid Al Balushi (56kg), Omar Al Fadhli and Saeed Al Mazroui (62kg), Taleb Al Kirbi and Humaid Al Kaabi (69kg), Mohammed Al Qubaisi and Saud Al Hammadi (70kg), Khalfan Belhol and Mohammad Haitham Radhi (85kg), Faisal Al Ketbi and Zayed Al Kaabi (94kg)
Women: Wadima Al Yafei and Mahra Al Hanaei (49kg), Bashayer Al Matrooshi and Hessa Al Shamsi (62kg)
More coverage from the Future Forum
India team for Sri Lanka series
Test squad: Rohit Sharma (captain), Priyank Panchal, Mayank Agarwal, Virat Kohli, Shreyas Iyer, Hanuma Vihari, Shubhman Gill, Rishabh Pant (wk), KS Bharath (wk), Ravindra Jadeja, Jayant Yadav, Ravichandran Ashwin, Kuldeep Yadav, Sourabh Kumar, Mohammed Siraj, Umesh Yadav, Mohammed Shami, Jasprit Bumrah.
T20 squad: Rohit Sharma (captain), Ruturaj Gaikwad, Shreyas Iyer, Surya Kumar Yadav, Sanju Samson, Ishan Kishan (wk), Venkatesh Iyer, Deepak Chahar, Deepak Hooda, Ravindra Jadeja, Yuzvendra Chahal, Ravi Bishnoi, Kuldeep Yadav, Mohammed Siraj, Bhuvneshwar Kumar, Harshal Patel, Jasprit Bumrah, Avesh Khan
Killing of Qassem Suleimani
The specs
Engine: Dual 180kW and 300kW front and rear motors
Power: 480kW
Torque: 850Nm
Transmission: Single-speed automatic
Price: From Dh359,900 ($98,000)
On sale: Now
Killing of Qassem Suleimani
What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
if you go
The flights
Etihad, Emirates and Singapore Airlines fly direct from the UAE to Singapore from Dh2,265 return including taxes. The flight takes about 7 hours.
The hotel
Rooms at the M Social Singapore cost from SG $179 (Dh488) per night including taxes.
The tour
Makan Makan Walking group tours costs from SG $90 (Dh245) per person for about three hours. Tailor-made tours can be arranged. For details go to www.woknstroll.com.sg
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.
Farage on Muslim Brotherhood
Nigel Farage told Reform's annual conference that the party will proscribe the Muslim Brotherhood if he becomes Prime Minister.
"We will stop dangerous organisations with links to terrorism operating in our country," he said. "Quite why we've been so gutless about this – both Labour and Conservative – I don't know.
“All across the Middle East, countries have banned and proscribed the Muslim Brotherhood as a dangerous organisation. We will do the very same.”
It is 10 years since a ground-breaking report into the Muslim Brotherhood by Sir John Jenkins.
Among the former diplomat's findings was an assessment that “the use of extreme violence in the pursuit of the perfect Islamic society” has “never been institutionally disowned” by the movement.
The prime minister at the time, David Cameron, who commissioned the report, said membership or association with the Muslim Brotherhood was a "possible indicator of extremism" but it would not be banned.
More from Neighbourhood Watch:
KILLING OF QASSEM SULEIMANI
UAE currency: the story behind the money in your pockets
KILLING OF QASSEM SULEIMANI
Mohammed bin Zayed Majlis
Zayed Sustainability Prize
More from Aya Iskandarani
UAE currency: the story behind the money in your pockets
Killing of Qassem Suleimani
The years Ramadan fell in May
UAE currency: the story behind the money in your pockets
In numbers: China in Dubai
The number of Chinese people living in Dubai: An estimated 200,000
Number of Chinese people in International City: Almost 50,000
Daily visitors to Dragon Mart in 2018/19: 120,000
Daily visitors to Dragon Mart in 2010: 20,000
Percentage increase in visitors in eight years: 500 per cent
Killing of Qassem Suleimani
Generation Start-up: Awok company profile
Started: 2013
Founder: Ulugbek Yuldashev
Sector: e-commerce
Size: 600 plus
Stage: still in talks with VCs
Principal Investors: self-financed by founder
More from Rashmee Roshan Lall
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.
UAE currency: the story behind the money in your pockets
The years Ramadan fell in May
Key figures in the life of the fort
Sheikh Dhiyab bin Isa (ruled 1761-1793) Built Qasr Al Hosn as a watchtower to guard over the only freshwater well on Abu Dhabi island.
Sheikh Shakhbut bin Dhiyab (ruled 1793-1816) Expanded the tower into a small fort and transferred his ruling place of residence from Liwa Oasis to the fort on the island.
Sheikh Tahnoon bin Shakhbut (ruled 1818-1833) Expanded Qasr Al Hosn further as Abu Dhabi grew from a small village of palm huts to a town of more than 5,000 inhabitants.
Sheikh Khalifa bin Shakhbut (ruled 1833-1845) Repaired and fortified the fort.
Sheikh Saeed bin Tahnoon (ruled 1845-1855) Turned Qasr Al Hosn into a strong two-storied structure.
Sheikh Zayed bin Khalifa (ruled 1855-1909) Expanded Qasr Al Hosn further to reflect the emirate's increasing prominence.
Sheikh Shakhbut bin Sultan (ruled 1928-1966) Renovated and enlarged Qasr Al Hosn, adding a decorative arch and two new villas.
Sheikh Zayed bin Sultan (ruled 1966-2004) Moved the royal residence to Al Manhal palace and kept his diwan at Qasr Al Hosn.
Sources: Jayanti Maitra, www.adach.ae
Zayed Sustainability Prize
More on Quran memorisation:
What sanctions would be reimposed?
Under ‘snapback’, measures imposed on Iran by the UN Security Council in six resolutions would be restored, including:
- An arms embargo
- A ban on uranium enrichment and reprocessing
- A ban on launches and other activities with ballistic missiles capable of delivering nuclear weapons, as well as ballistic missile technology transfer and technical assistance
- A targeted global asset freeze and travel ban on Iranian individuals and entities
- Authorisation for countries to inspect Iran Air Cargo and Islamic Republic of Iran Shipping Lines cargoes for banned goods
The specs
AT4 Ultimate, as tested
Engine: 6.2-litre V8
Power: 420hp
Torque: 623Nm
Transmission: 10-speed automatic
Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)
On sale: Now
The five pillars of Islam
The burning issue
The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.
Read part four: an affection for classic cars lives on
Read part three: the age of the electric vehicle begins
Read part one: how cars came to the UAE
Mohammed bin Zayed Majlis
Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
Read more about the coronavirus
Mohammed bin Zayed Majlis
The years Ramadan fell in May
The five pillars of Islam
More on animal trafficking
The specs: 2018 Nissan 370Z Nismo
The specs: 2018 Nissan 370Z Nismo
Price, base / as tested: Dh182,178
Engine: 3.7-litre V6
Power: 350hp @ 7,400rpm
Torque: 374Nm @ 5,200rpm
Transmission: Seven-speed automatic
Fuel consumption, combined: 10.5L / 100km
'Avengers: Infinity War'
Dir: The Russo Brothers
Starring: Chris Evans, Chris Pratt, Tom Holland, Robert Downey Junior, Scarlett Johansson, Elizabeth Olsen
Four stars
In the Restaurant: Society in Four Courses
Christoph Ribbat
Translated by Jamie Searle Romanelli
Pushkin Press
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3ESmartCrowd%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2018%0D%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3ESiddiq%20Farid%20and%20Musfique%20Ahmed%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%20%2F%20PropTech%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%20%3C%2Fstrong%3E%24650%2C000%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2035%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3ESeries%20A%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EVarious%20institutional%20investors%20and%20notable%20angel%20investors%20(500%20MENA%2C%20Shurooq%2C%20Mada%2C%20Seedstar%2C%20Tricap)%3C%2Fp%3E%0A
The specs
Engine: 4.0-litre V8 twin-turbocharged and three electric motors
Power: Combined output 920hp
Torque: 730Nm at 4,000-7,000rpm
Transmission: 8-speed dual-clutch automatic
Fuel consumption: 11.2L/100km
On sale: Now, deliveries expected later in 2025
Price: expected to start at Dh1,432,000
The specs
Engine: 1.5-litre 4-cylinder petrol
Power: 154bhp
Torque: 250Nm
Transmission: 7-speed automatic with 8-speed sports option
Price: From Dh79,600
On sale: Now
Venom
Director: Ruben Fleischer
Cast: Tom Hardy, Michelle Williams, Riz Ahmed
Rating: 1.5/5
Killing of Qassem Suleimani