Good life has a downside for the UAE's youth



The Arab Youth Survey released last week showed that the UAE is perceived as the best country in the world for an Arab youngster to live, better even than France and the United States. In the same study, by Asda'a Burson-Marsteller, Arab youth reported a sense of optimism for their future, and said the UAE was the best place to realise their goals.

Considering the shared culture and values, not to mention geography, it is not surprising that many young Arab nationals would express a preference to live here. In a region suffering political and economic instability, the UAE is a beacon of success.

But wealth and opportunity do have downsides. And as The National reports today, young men and women often seem unable to differentiate the trappings of success with healthy lifestyle choices that lead to a productive, long life.

A study conducted by the Institute for Health Metrics and Evaluation at the University of Washington, in the United States, reports that the UAE ranks towards the bottom for life expectancy and highest in death rates among economically similar countries. Among the top "disease burdens" are depression, road injury, heart disease, diabetes and drug use.

The American researchers did not make causal links to these poor health statistics. But most of the top illness and causes of death are directly related to lifestyle choice. In other words, they are preventable. So while young people understandably prefer the opportunities the UAE affords, it is also clear that the good life can be a liability.

Consider reckless driving. Road accidents are among the top cause of early deaths in the UAE. Why? Because irresponsible driving is so prevalent: there were 6,454 traffic accidents last year, 628 road deaths and 7,586 injuries. In Abu Dhabi alone, one person is killed every 26 hours from traffic accidents. Most are under 35.

Dangerous driving is not the only health issue researchers discovered. Especially for young people, poor diets and a lack of exercise - again, trappings of a sedentary, affluent lifestyle - lead to diabetes and depression, and contribute to cardiovascular disease. The World Health Organisation reports that 67 per cent of men in the UAE and 72 per cent of women are either overweight or obese.

In the UAE, lifestyles are changing as rapidly as the country. And for most of us, young and old, life is good. But the price of opportunity should not be our health.

Greatest of All Time
Starring: Vijay, Sneha, Prashanth, Prabhu Deva, Mohan
Director: Venkat Prabhu
Rating: 2/5
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Company profile

Company: Eighty6 

Date started: October 2021 

Founders: Abdul Kader Saadi and Anwar Nusseibeh 

Based: Dubai, UAE 

Sector: Hospitality 

Size: 25 employees 

Funding stage: Pre-series A 

Investment: $1 million 

Investors: Seed funding, angel investors  

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The Freedom Artist

By Ben Okri (Head of Zeus)

The struggle is on for active managers

David Einhorn closed out 2018 with his biggest annual loss ever for the 22-year-old Greenlight Capital.

The firm’s main hedge fund fell 9 per cent in December, extending this year’s decline to 34 percent, according to an investor update viewed by Bloomberg.

Greenlight posted some of the industry’s best returns in its early years, but has stumbled since losing more than 20 per cent in 2015.

Other value-investing managers have also struggled, as a decade of historically low interest rates and the rise of passive investing and quant trading pushed growth stocks past their inexpensive brethren. Three Bays Capital and SPO Partners & Co., which sought to make wagers on undervalued stocks, closed in 2018. Mr Einhorn has repeatedly expressed his frustration with the poor performance this year, while remaining steadfast in his commitment to value investing.

Greenlight, which posted gains only in May and October, underperformed both the broader market and its peers in 2018. The S&P 500 Index dropped 4.4 per cent, including dividends, while the HFRX Global Hedge Fund Index, an early indicator of industry performance, fell 7 per cent through December. 28.

At the start of the year, Greenlight managed $6.3 billion in assets, according to a regulatory filing. By May, the firm was down to $5.5bn. 

UAE currency: the story behind the money in your pockets
Our legal consultants

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

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Starring: Ajay Devgn, Tabu, Shantanu Maheshwari, Jimmy Shergill, Saiee Manjrekar

Director: Neeraj Pandey

Rating: 2.5/5

Batti Gul Meter Chalu

Producers: KRTI Productions, T-Series
Director: Sree Narayan Singh
Cast: Shahid Kapoor, Shraddha Kapoor, Divyenndu Sharma, Yami Gautam
Rating: 2/5

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