When the UAE was founded in 1971, no one in the world could have foreseen just how swiftly the nation would evolve and develop into the modern, progressive, successful country it is today.
From the Hope Probe’s successful journey to Mars to the establishment of the world’s first solar-powered city, Masdar, the UAE has taken huge strides to advance innovation, build resilience and support new and more sustainable ways of thinking.
Today the nation celebrates its Golden Jubilee, heralding the beginning of our national strategy for the next 50 years, which will support a new era of sustainable growth with the UAE’s unique competitiveness and globally open economy.
The UAE’s journey of success was by no means easy. It took hard work, focus and dedication. Our nation’s milestones have been the culmination of ambitions led by the UAE’s Founding Father, Sheikh Zayed, who laid the foundations for today’s leadership to pave a brighter path towards our country’s safe, secure and sustainable future.
This was evident when the UAE became the first Middle Eastern nation in history to win the bid to host Expo 2020 Dubai. For those living in the UAE, the excitement could be felt across the nation. It was a proud testament to how much the country has grown in five decades. From bidding to winning, the UAE is now witnessing the fruits of its labour, as Expo came to life this October after years in the making.
Our national strategy for the next 50 years, which will support a new era of sustainable growth
Just as the Expo is a microcosm of global progress and diversity, the same can be said for the UAE. Over 9 million people from 200 nationalities call the UAE home, living and working together in one of the most culturally diverse countries in the world. Such diversity and tolerance are highly valued assets of our communities, enabling everyone to reach their full potential and contribute to a new world of possibilities. The ubiquitous opportunities on offer are palpable in its people, who are living examples of the nation’s success. Their capabilities continue to be essential to the development of our nation.
With this in mind, human rights are extremely important to the UAE. We promote equality, ensuring compliance with our human rights laws while continuing to work on them further, as the nation’s social and legal landscape continues to evolve.
Having always sought to play a positive role on both regional and international levels, the UAE continues to seek enhanced co-operation and conflict resolution through dialogue, diplomacy and constructive engagement. As a nation, we believe in mediation between parties in conflict, while advocating confidence-building measures to develop political processes and security approaches, ensuring durable transitions out of conflict.
Following its election to the UN Security Council under the theme “Stronger United”, the UAE works to bring this approach to life through its actions at home and via diplomacy abroad. On the Security Council, the UAE will be a constructive partner to address some of the critical challenges of our time, such as promoting gender equality, fostering tolerance and countering terrorism and extremism, while prioritising humanitarian relief and sustaining peace.
When it comes to climate change and sustainable development, the UAE has always taken an active approach to building resilience and driving systematic solutions. In November this year, the UN Framework Convention on Climate Change (UNFCCC) announced that the UAE will host the 28th Conference of the Parties (Cop28) in 2023, expected to bring nearly 200 countries together. The UAE is keen to work with all countries in collectively identifying practical, economically beneficial opportunities for combatting climate change with stronger partnerships and innovative outcomes to accelerate coordinated action towards the goals of the Paris Agreement and UNFCCC.
Reaching this global stage comes after the UAE’s 15-year programme of climate action, generating innovative outcomes to drive sustainable economic growth. More than a decade ago, the UAE became host of the International Renewable Energy Agency (Irena) headquarters in Abu Dhabi, and now houses three of the largest and lowest-cost solar plants in the world.
In September 2019, the UAE passed a federal law on climate action, requiring authorities to assess and mitigate climate risks prior to proceeding with projects. More recently, the UAE became the first country in the Mena region – and the first economy in the world founded on petrochemicals – to set out a strategic initiative to achieve net-zero emissions by 2050, with a $163 billion investment in renewable energy and a three-decade action plan.
In taking a holistic and collaborative approach, the UAE has invested $17bn in renewable energy ventures globally and $400m in soft loans for clean energy projects worldwide.
More from Sheikh Abdullah bin Zayed Al Nahyan
The UAE further strengthened its commitment to the environment and conservation of species, after Razan Al Mubarak, Managing Director of the Environment Agency – Abu Dhabi and the Mohamed bin Zayed Species Conservation Fund, was elected as President of the International Union for Conservation of Nature (IUCN).
She is the second woman to lead IUCN in its 72-year history and its first president from West Asia, after a majority of the 1,400 IUCN member organisations, representing more than 150 countries, cast their votes in favour of Ms Al Mubarak to be the international union’s 15th president.
Having only touched upon some of the UAE’s achievements, it is fair to say the nation has a history of making history. As we set our sights on even loftier ambitions, the UAE continues to uphold the very principles that have made the nation a world leader in its own right. Here’s to the next 50 years.
Jetour T1 specs
Engine: 2-litre turbocharged
Power: 254hp
Torque: 390Nm
Price: From Dh126,000
Available: Now
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How to wear a kandura
Dos
- Wear the right fabric for the right season and occasion
- Always ask for the dress code if you don’t know
- Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work
- Wear 100 per cent cotton under the kandura as most fabrics are polyester
Don’ts
- Wear hamdania for work, always wear a ghutra and agal
- Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
EA Sports FC 25
Developer: EA Vancouver, EA Romania
Publisher: EA Sports
Consoles: Nintendo Switch, PlayStation 4&5, Xbox One and Xbox Series X/S
Rating: 3.5/5
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Sui Dhaaga: Made in India
Director: Sharat Katariya
Starring: Varun Dhawan, Anushka Sharma, Raghubir Yadav
3.5/5
THE BIO
Favourite car: Koenigsegg Agera RS or Renault Trezor concept car.
Favourite book: I Am Pilgrim by Terry Hayes or Red Notice by Bill Browder.
Biggest inspiration: My husband Nik. He really got me through a lot with his positivity.
Favourite holiday destination: Being at home in Australia, as I travel all over the world for work. It’s great to just hang out with my husband and family.
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F1 The Movie
Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem
Director: Joseph Kosinski
Rating: 4/5
DMZ facts
- The DMZ was created as a buffer after the 1950-53 Korean War.
- It runs 248 kilometers across the Korean Peninsula and is 4km wide.
- The zone is jointly overseen by the US-led United Nations Command and North Korea.
- It is littered with an estimated 2 million mines, tank traps, razor wire fences and guard posts.
- Donald Trump and Kim Jong-Un met at a building in Panmunjom, where an armistice was signed to stop the Korean War.
- Panmunjom is 52km north of the Korean capital Seoul and 147km south of Pyongyang, North Korea’s capital.
- Former US president Bill Clinton visited Panmunjom in 1993, while Ronald Reagan visited the DMZ in 1983, George W. Bush in 2002 and Barack Obama visited a nearby military camp in 2012.
- Mr Trump planned to visit in November 2017, but heavy fog that prevented his helicopter from landing.
Leaderboard
63 - Mike Lorenzo-Vera (FRA)
64 - Rory McIlroy (NIR)
66 - Jon Rahm (ESP)
67 - Tom Lewis (ENG), Tommy Fleetwood (ENG)
68 - Rafael Cabrera-Bello (ESP), Marcus Kinhult (SWE)
69 - Justin Rose (ENG), Thomas Detry (BEL), Francesco Molinari (ITA), Danny Willett (ENG), Li Haotong (CHN), Matthias Schwab (AUT)
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Most F1 world titles
7 — Michael Schumacher (1994, ’95, 2000, ’01 ’02, ’03, ’04)
7 — Lewis Hamilton (2008, ’14,’15, ’17, ’18, ’19, ’20)
5 — Juan Manuel Fangio (1951, ’54, ’55, ’56, ’57)
4 — Alain Prost (1985, ’86, ’89, ’93)
4 — Sebastian Vettel (2010, ’11, ’12, ’13)
Stree
Producer: Maddock Films, Jio Movies
Director: Amar Kaushik
Cast: Rajkummar Rao, Shraddha Kapoor, Pankaj Tripathi, Aparshakti Khurana, Abhishek Banerjee
Rating: 3.5
The biog
Name: Mariam Ketait
Emirate: Dubai
Hobbies: I enjoy travelling, experiencing new things, painting, reading, flying, and the French language
Favourite quote: "Be the change you wish to see" - unknown
Favourite activity: Connecting with different cultures
UAE and Russia in numbers
UAE-Russia ties stretch back 48 years
Trade between the UAE and Russia reached Dh12.5 bn in 2018
More than 3,000 Russian companies are registered in the UAE
Around 40,000 Russians live in the UAE
The number of Russian tourists travelling to the UAE will increase to 12 percent to reach 1.6 million in 2023
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Dark Souls: Remastered
Developer: From Software (remaster by QLOC)
Publisher: Namco Bandai
Price: Dh199
UAE currency: the story behind the money in your pockets
Our legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants
Killing of Qassem Suleimani
Mohammed bin Zayed Majlis
Types of bank fraud
1) Phishing
Fraudsters send an unsolicited email that appears to be from a financial institution or online retailer. The hoax email requests that you provide sensitive information, often by clicking on to a link leading to a fake website.
2) Smishing
The SMS equivalent of phishing. Fraudsters falsify the telephone number through “text spoofing,” so that it appears to be a genuine text from the bank.
3) Vishing
The telephone equivalent of phishing and smishing. Fraudsters may pose as bank staff, police or government officials. They may persuade the consumer to transfer money or divulge personal information.
4) SIM swap
Fraudsters duplicate the SIM of your mobile number without your knowledge or authorisation, allowing them to conduct financial transactions with your bank.
5) Identity theft
Someone illegally obtains your confidential information, through various ways, such as theft of your wallet, bank and utility bill statements, computer intrusion and social networks.
6) Prize scams
Fraudsters claiming to be authorised representatives from well-known organisations (such as Etisalat, du, Dubai Shopping Festival, Expo2020, Lulu Hypermarket etc) contact victims to tell them they have won a cash prize and request them to share confidential banking details to transfer the prize money.
Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
TV: World Cup Qualifier 2018 matches will be aired on on OSN Sports HD Cricket channel
Results
Stage 7:
1. Caleb Ewan (AUS) Lotto Soudal - 3:18:29
2. Sam Bennett (IRL) Deceuninck-QuickStep - same time
3. Phil Bauhaus (GER) Bahrain Victorious
4. Michael Morkov (DEN) Deceuninck-QuickStep
5. Cees Bol (NED) Team DSM
General Classification:
1. Tadej Pogacar (SLO) UAE Team Emirates - 24:00:28
2. Adam Yates (GBR) Ineos Grenadiers - 0:00:35
3. Joao Almeida (POR) Deceuninck-QuickStep - 0:01:02
4. Chris Harper (AUS) Jumbo-Visma - 0:01:42
5. Neilson Powless (USA) EF Education-Nippo - 0:01:45
What are NFTs?
Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.
You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”
However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.
This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”
This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.
