HH Sheikh Mohammed Bin Rashid Al Maktoum (UAE Vice President, Prime Minister, and Ruler of Dubai) responds to questions from the public.
HH Sheikh Mohammed Bin Rashid Al Maktoum (UAE Vice President, Prime Minister, and Ruler of Dubai) responds to questions from the public.

Economy may alter 2015 plan, PM says



The global financial crisis has prompted a review of Dubai's 2015 strategic plan, the Prime Minister said yesterday, but he emphasised that many of the emirate's objectives would probably be achieved on schedule. In an internet question and answer session with the general public, Sheikh Mohammed bin Rashid, who is also Vice President of the UAE and Ruler of Dubai, said there were already signs that the economy was reviving.

He said a "careful review" had been launched of Dubai's 2015 plan to take into account developments in financial markets and the global economy. Some time frames outlined in the plan, published in February 2007, might need to be adjusted, he said, but many objectives had already been achieved ahead of schedule. He offered no specific details on either. "The symptoms of recovery have started to manifest, and the duration of recovery is expected to be much shorter than that required for other economies," he said.

The country's strong legislative framework, diverse economy, efficient financial system and well-developed infrastructure would aid recovery, he said. Sheikh Mohammed's comments, all made in writing in response to thousands of questions e-mailed by the public, marked the second time this year that he has so interacted via his website. In April, he took questions from journalists. He responded to 56 submissions covering a range of issues from the economy to national identity, offering sometimes forthright answers. He accused the foreign media of spreading "fabricated" news about the country, spoke of the country's demographic future and even discussed his attitudes to family life.

Sheikh Mohammed said the demographic structure committee was finalising timetables for dealing with the imbalance in the country, adding that the global slowdown had had an impact on foreign workers in construction and other industries. Although several ministries were working on strategies to reduce unemployment among Emiratis, Sheikh Mohammed conceded that the country "had not yet achieved an ideal situation for Emiratisation".

"The Government is well aware of this reality and is working on solving the problem in a scientific way, aiming to provide suitable jobs for all citizens in the Government and within the private sectors," he said. Turning to Emirati culture, Sheikh Mohammed insisted that "just a minority" of young UAE nationals had eschewed traditional dress in favour of more western garb, but that this was only a temporary phenomenon.

"Even if such behaviour lasts for some time, it will come to an end," he said, adding that Emirati identity is "deeply rooted". Indeed, the Arab and Islamic culture of the country, the Prime Minister said, had been enjoying a renewal in recent decades. In response to a question suggesting that wasta - the use of family and other connections to secure advantage - was on the rise, Sheikh Mohammed said concerns about the issue were not based on facts.

He insisted that the UAE federal human resources law was helping to tackle the issue by providing grievance procedures to deal with alleged unfairness. "I believe that those who work hard and ensure they are qualified for the demands of the marketplace are the ones who get the jobs," he said. With respect to stateless citizens, Sheikh Mohammed said the Ministry of Interior was working "actively and seriously" and was "closing this case".

"Whoever deserves citizenship of the UAE will get it," he said. Commenting on foreign press reports critical of the UAE, Sheikh Mohammed said such journalism was "the price we pay for our great success and for maintaining an open society". "One of the main reasons behind this organised attack against the UAE, and Dubai in particular, is to distort the successful and prominent model of unity set by the UAE," he said.

"To that I would add that some of the negative news has been fabricated under the supervision of certain people in authority. "They have done this in pursuing their personal interest and agendas." The country would, Sheikh Mohammed said, take criticism in stride. He mentioned the English adage that today's newspaper becomes tomorrow's fish-and-chip wrapping. He said much criticism of government services in newspapers was exaggerated and aimed at attracting attention, and he called for this to end.

"I want newspapers to train their staffs to be more accurate and honest in what they publish," he said.
dbardsley@thenational.ae

 

 

UAE currency: the story behind the money in your pockets
In numbers: PKK’s money network in Europe

Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010

Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille

Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm

Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year

Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”

Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners

TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013 

The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E77kWh%202%20motors%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E178bhp%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E410Nm%0D%3Cbr%3E%3Cstrong%3ERange%3A%20%3C%2Fstrong%3E402km%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EDh%2C150%2C000%20(estimate)%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ETBC%3C%2Fp%3E%0A
Sheer grandeur

The Owo building is 14 storeys high, seven of which are below ground, with the 30,000 square feet of amenities located subterranean, including a 16-seat private cinema, seven lounges, a gym, games room, treatment suites and bicycle storage.

A clear distinction between the residences and the Raffles hotel with the amenities operated separately.

Quick pearls of wisdom

Focus on gratitude: And do so deeply, he says. “Think of one to three things a day that you’re grateful for. It needs to be specific, too, don’t just say ‘air.’ Really think about it. If you’re grateful for, say, what your parents have done for you, that will motivate you to do more for the world.”

Know how to fight: Shetty married his wife, Radhi, three years ago (he met her in a meditation class before he went off and became a monk). He says they’ve had to learn to respect each other’s “fighting styles” – he’s a talk it-out-immediately person, while she needs space to think. “When you’re having an argument, remember, it’s not you against each other. It’s both of you against the problem. When you win, they lose. If you’re on a team you have to win together.” 

'Laal Kaptaan'

Director: Navdeep Singh

Stars: Saif Ali Khan, Manav Vij, Deepak Dobriyal, Zoya Hussain

Rating: 2/5

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

APPLE IPAD MINI (A17 PRO)

Display: 21cm Liquid Retina Display, 2266 x 1488, 326ppi, 500 nits

Chip: Apple A17 Pro, 6-core CPU, 5-core GPU, 16-core Neural Engine

Storage: 128/256/512GB

Main camera: 12MP wide, f/1.8, digital zoom up to 5x, Smart HDR 4

Front camera: 12MP ultra-wide, f/2.4, Smart HDR 4, full-HD @ 25/30/60fps

Biometrics: Touch ID, Face ID

Colours: Blue, purple, space grey, starlight

In the box: iPad mini, USB-C cable, 20W USB-C power adapter

Price: From Dh2,099

Results

6.30pm: Baniyas (PA) Group 2 Dh195,000 1,400m | Winner: ES Ajeeb, Sam Hitchcock (jockey), Ibrahim Aseel (trainer)

7.05pm: Maiden (TB) Dh165,000 1,400m | Winner: Al Shamkhah, Royston Ffrench, Sandeep Jadhav

7.40pm: Handicap (TB) Dh190,000 1,200m | Winner: Lavaspin, Richard Mullen, Satish Seemar

8.15pm: Maiden (TB) Dh165,000 1,200m | Winner: Kawasir, Dane O’Neill, Musabah Al Muhairi

8.50pm: Rated Conditions (TB) Dh240,000 1,600m | Winner: Cosmo Charlie, Pat Dobbs, Doug Watson

9.20pm: Handicap (TB) Dh165,000 1,400m | Winner: Bochart, Richard Mullen, Satish Seemar

10pm: Handicap (TB) Dh175,000 2,000m | Winner: Quartier Francais, Fernando Jara, Ali Rashid Al Raihe

 

If you go

The flights

Fly direct to London from the UAE with Etihad, Emirates, British Airways or Virgin Atlantic from about Dh2,500 return including taxes. 

The hotel

Rooms at the convenient and art-conscious Andaz London Liverpool Street cost from £167 (Dh800) per night including taxes.

The tour

The Shoreditch Street Art Tour costs from £15 (Dh73) per person for approximately three hours. 

THE BIO: Martin Van Almsick

Hometown: Cologne, Germany

Family: Wife Hanan Ahmed and their three children, Marrah (23), Tibijan (19), Amon (13)

Favourite dessert: Umm Ali with dark camel milk chocolate flakes

Favourite hobby: Football

Breakfast routine: a tall glass of camel milk

NO OTHER LAND

Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal

Stars: Basel Adra, Yuval Abraham

Rating: 3.5/5

'Brazen'

Director: Monika Mitchell

Starring: Alyssa Milano, Sam Page, Colleen Wheeler

Rating: 3/5

A MINECRAFT MOVIE

Director: Jared Hess

Starring: Jack Black, Jennifer Coolidge, Jason Momoa

Rating: 3/5

Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia