Dr. Saeed Mohammed Al Ghafli, Director of Federal National Council Affairs, speaking on 'Development of Politics in the UAE culture' at Zayed University in Dubai.
Dr. Saeed Mohammed Al Ghafli, Director of Federal National Council Affairs, speaking on 'Development of Politics in the UAE culture' at Zayed University in Dubai.

UAE students urged to participate in politics



AL AIN // Students have been urged to become more politically aware after a study found almost eight out of 10 were unable to name either of the deputy prime ministers and less than a quarter could name a single one of the FNC's 40 members.

The findings drew gasps from UAE University students and professors at a forum organised by the council to increase political awareness.

But they came as no surprise to Dr Saeed Al Ghafli, assistant undersecretary at the Ministry of State for FNC Affairs.

"In other countries they care about finding the right person because they are suffering in everyday life," he said. "But in the UAE, God gave us wise leadership. People are happy, so they do not care about politics."

Dr Al Ghafli, a member of the National Election Committee, said the ministry had conducted other studies that found widespread apathy about politics.

He said there could be many explanations for this, but chief among them was that people were "comfortable".

The study of 200 students at UAEU was conducted by Fatima Al Maamari, a senior studying political science. She said she could see no positive side to the results.

Ms Al Maamari accepted Dr Al Ghafli's explanation that people were "comfortable", "but to the point that you don't know who is responsible for this comfort? Then there is a problem," she said, drawing a round of applause from the audience.

Dr Al Ghafli and Ahmed Al Dhaheri, a former FNC member, said that because of political apathy electoral progress had to take place in stages, but progress was being made.

"Campaigns, elections, electoral college - a lot of other phrases not heard of before started to be heard in 2006 at the first elections," Dr Al Ghafli said.

The elections had encouraged Emiratis to contemplate social issues affecting the country, he said. Many candidates had discussed issues such as population structure, national identity, education, women's rights, children's rights, employment, Emiratisation, health and how to improve the quality of life.

He and Mr Al Dhaheri said they hoped all eligible Emiratis would be able to vote at the next FNC election.

One professor questioned why her niece, a first-year student at the university, was allowed to vote at the last election while she herself was not.

Dr Al Ghafli and Mr Al Dhaheri said the electoral college list was compiled as a representative sample of the Emirati population.

"The rulers' courts picked the people, the president left this to the rulers of the emirates," Dr Al Ghafli said. "And each put their own conditions to it, keeping in mind gender and age. All this was taken to consideration. I was working closely with them and know what happened."

Some students said they were still fearful of discussing politics and asked the panel for their opinion.

Dr Al Ghafli said this showed the need for more awareness, and Dr Al Dhaheri advised students to think of politics as administrative work.

"Let's think of it like that, to break this thinking," he said. "We are all politicians today."

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UAE currency: the story behind the money in your pockets
Key facilities
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  • Premier League-standard football pitch
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  • Specialist robotics and science laboratories
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  • Disruption Lab and Research Centre for developing entrepreneurial skills
The specs: 2018 Mercedes-Benz E 300 Cabriolet

Price, base / as tested: Dh275,250 / Dh328,465

Engine: 2.0-litre four-cylinder

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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 

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.”

The rules on fostering in the UAE

A foster couple or family must:

  • be Muslim, Emirati and be residing in the UAE
  • not be younger than 25 years old
  • not have been convicted of offences or crimes involving moral turpitude
  • be free of infectious diseases or psychological and mental disorders
  • have the ability to support its members and the foster child financially
  • undertake to treat and raise the child in a proper manner and take care of his or her health and well-being
  • A single, divorced or widowed Muslim Emirati female, residing in the UAE may apply to foster a child if she is at least 30 years old and able to support the child financially
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DevisionX – manufacturing

Event Gates – security and manufacturing

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Monak – delivery

NutzenTech – environment

Nybl – machine learning

Occicor – shelf management

Olymon Solutions – smart automation

Pivony – user-generated data

PowerDev – energy big data

Sav – finance

Searover – renewables

Swftbox – delivery

Trade Capital Partners – FinTech

Valorafutbol – sports and entertainment

Workfam – employee engagement

Result:

1. Cecilie Hatteland (NOR) atop Alex - 31.46 seconds

2. Anna Gorbacheva (RUS) atop Curt 13 - 31.82 seconds

3. Georgia Tame (GBR) atop Cash Up - 32.81 seconds

4. Sheikha Latifa bint Ahmed Al Maktoum (UAE) atop Peanuts de Beaufour - 35.85 seconds

5. Miriam Schneider (GER) atop Benur du Romet - 37.53 seconds

6. Annika Sande (NOR) atop For Cash 2 - 31.42 seconds (4 penalties)

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Company%20profile
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COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
MATCH INFO

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UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

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Torque: 175Nm

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