A reader says lifestyle is not about shopping, but about spending quality time with loved ones. Jeffrey E Biteng / The National
A reader says lifestyle is not about shopping, but about spending quality time with loved ones. Jeffrey E Biteng / The National

Consumerism is a vicious cycle



I completely agree with Justin Thomas that lifestyle is about spending quality time with loved ones ('Luxurious lifestyle' in the UAE really just empty consumerism? August 11).

Unfortunately, empty consumerism has overwhelmed our lives. It has been ingrained in our brain that driving expensive cars and carrying designer bags can buy us happiness. But it is like running on a treadmill. No matter how much we run, we are still standing in the same place. After spending on luxurious lifestyle, we still find ourselves at the same place, wanting to buy more. It is a vicious cycle.

I have recently started reading The Minimalists and it will take me a while to be one. At least, I am no longer trapped in that cycle.

Meenu Goenka, Duabi

Milk from a billy goat is not a ‘miracle’

I refer to the article Milk from a billy goat ... no kidding (August 20). There is no "miracle" here, but this is also not a rubbish claim. The goat in question may have a condition known as galactorrhoea. This is defined by production of milk when there is no baby to be fed, and can actually happen in human males as well.

The usual cause is a benign brain tumour known as a pituitary prolactinoma, which secretes the hormone prolactin in large amounts. Males have a small amount of residual breast tissue, which becomes stimulated when this hormone is secreted – normal males would not have significant secretion of this hormone.

I am surprised the vets did not recognise this condition. In humans, an MRI scan of the brain would clearly show a tumour if there is one.

There are other rare hormonal causes too, but it is by no means impossible for a male mammal to grow breast tissue (in this case udders) and secrete milk. It is, however, always an indication of disease in males.

Dr Shereen Habib, Abu Dhabi

Price uniforms more sensibly

Uniforms promote a sense of discipline, neatness and a feeling of belonging (A look at one of the big-ticket items on the back-to-school list – uniforms, August 21). What kind of materialistic example does that set? Coming to the point of monopoly, uniforms are ridiculously expensive. Surely they can be priced more sensibly.

Jayadevi Machaya Palekanda, US

Global funds look for secure zones

John Everington's report on DIFC fund domiciliation ('DIFC rules overhauled to attract more funds', August 20) highlights key changes to the administration to make it more attractive to international funds, and introduces a new class of funds altogether – the qualified investment fund.

In my interview-based research on the UAE’s financial services regulation for my Master’s, one chief reason that international funds may be still mulling over establishing a branch in the DIFC is that – while the free zone embodies international financial law and best practice – it is technically a different jurisdiction from the rest of the UAE.

This creates a discrepancy for such fund houses who would come to the UAE to pitch to the larger money – ie, sovereign wealth funds (SWF) and family offices. If you are domiciled in the DIFC, you cannot without a few exceptions offer your services outside the DIFC, since you would be operating outside the boundaries of your regulatory body. Since SWFs and family offices are elsewhere in the UAE, you will be breaching the jurisdictional boundaries in attempting to reach your target investors.

While in reality lots of business cross pollinates between companies inside and outside the DIFC, such a discrepancy – according to feedback received from lawyers and fund houses – is one reason why the fund houses’ risk-averse headquarters in London, New York or Switzerland may be cautious: they do not want to fall foul of the local jurisdictional laws in a technical sense, which already might be foreign to them in other aspects already.

BJ Roberts, Dubai

The%20specs%3A%202024%20Mercedes%20E200
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COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
 
 
 
 
 
 
 
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RESULT

Leeds United 1 Manchester City 1
Leeds:
 Rodrigo (59')
Man City: Sterling (17')

Man of the Match: Rodrigo Moreno (Leeds)

Five famous companies founded by teens

There are numerous success stories of teen businesses that were created in college dorm rooms and other modest circumstances. Below are some of the most recognisable names in the industry:

  1. Facebook: Mark Zuckerberg and his friends started Facebook when he was a 19-year-old Harvard undergraduate. 
  2. Dell: When Michael Dell was an undergraduate student at Texas University in 1984, he started upgrading computers for profit. He starting working full-time on his business when he was 19. Eventually, his company became the Dell Computer Corporation and then Dell Inc. 
  3. Subway: Fred DeLuca opened the first Subway restaurant when he was 17. In 1965, Mr DeLuca needed extra money for college, so he decided to open his own business. Peter Buck, a family friend, lent him $1,000 and together, they opened Pete’s Super Submarines. A few years later, the company was rebranded and called Subway. 
  4. Mashable: In 2005, Pete Cashmore created Mashable in Scotland when he was a teenager. The site was then a technology blog. Over the next few decades, Mr Cashmore has turned Mashable into a global media company.
  5. Oculus VR: Palmer Luckey founded Oculus VR in June 2012, when he was 19. In August that year, Oculus launched its Kickstarter campaign and raised more than $1 million in three days. Facebook bought Oculus for $2 billion two years later.
Gender pay parity on track in the UAE

The UAE has a good record on gender pay parity, according to Mercer's Total Remuneration Study.

"In some of the lower levels of jobs women tend to be paid more than men, primarily because men are employed in blue collar jobs and women tend to be employed in white collar jobs which pay better," said Ted Raffoul, career products leader, Mena at Mercer. "I am yet to see a company in the UAE – particularly when you are looking at a blue chip multinationals or some of the bigger local companies – that actively discriminates when it comes to gender on pay."

Mr Raffoul said most gender issues are actually due to the cultural class, as the population is dominated by Asian and Arab cultures where men are generally expected to work and earn whereas women are meant to start a family.

"For that reason, we see a different gender gap. There are less women in senior roles because women tend to focus less on this but that’s not due to any companies having a policy penalising women for any reasons – it’s a cultural thing," he said.

As a result, Mr Raffoul said many companies in the UAE are coming up with benefit package programmes to help working mothers and the career development of women in general. 

Tailors and retailers miss out on back-to-school rush

Tailors and retailers across the city said it was an ominous start to what is usually a busy season for sales.
With many parents opting to continue home learning for their children, the usual rush to buy school uniforms was muted this year.
“So far we have taken about 70 to 80 orders for items like shirts and trousers,” said Vikram Attrai, manager at Stallion Bespoke Tailors in Dubai.
“Last year in the same period we had about 200 orders and lots of demand.
“We custom fit uniform pieces and use materials such as cotton, wool and cashmere.
“Depending on size, a white shirt with logo is priced at about Dh100 to Dh150 and shorts, trousers, skirts and dresses cost between Dh150 to Dh250 a piece.”

A spokesman for Threads, a uniform shop based in Times Square Centre Dubai, said customer footfall had slowed down dramatically over the past few months.

“Now parents have the option to keep children doing online learning they don’t need uniforms so it has quietened down.”

What is graphene?

Graphene is a single layer of carbon atoms arranged like honeycomb.

It was discovered in 2004, when Russian-born Manchester scientists Andrei Geim and Kostya Novoselov were "playing about" with sticky tape and graphite - the material used as "lead" in pencils.

Placing the tape on the graphite and peeling it, they managed to rip off thin flakes of carbon. In the beginning they got flakes consisting of many layers of graphene. But as they repeated the process many times, the flakes got thinner.

By separating the graphite fragments repeatedly, they managed to create flakes that were just one atom thick. Their experiment had led to graphene being isolated for the very first time.

At the time, many believed it was impossible for such thin crystalline materials to be stable. But examined under a microscope, the material remained stable, and when tested was found to have incredible properties.

It is many times times stronger than steel, yet incredibly lightweight and flexible. It is electrically and thermally conductive but also transparent. The world's first 2D material, it is one million times thinner than the diameter of a single human hair.

But the 'sticky tape' method would not work on an industrial scale. Since then, scientists have been working on manufacturing graphene, to make use of its incredible properties.

In 2010, Geim and Novoselov were awarded the Nobel Prize for Physics. Their discovery meant physicists could study a new class of two-dimensional materials with unique properties. 

 

COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
The specs

  Engine: 2-litre or 3-litre 4Motion all-wheel-drive Power: 250Nm (2-litre); 340 (3-litre) Torque: 450Nm Transmission: 8-speed automatic Starting price: From Dh212,000 On sale: Now

MATCH INFO

Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid

When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid

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Key Points
  • Protests against President Omar Al Bashir enter their sixth day
  • Reports of President Bashir's resignation and arrests of senior government officials
Jigra
Director: Vasan Bala
Starring: Alia Bhatt, Vedang Raina, Manoj Pahwa, Harsh Singh
Rated: 3.5/5
COMPANY%20PROFILE
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Indoor cricket World Cup:
Insportz, Dubai, September 16-23

UAE fixtures:
Men

Saturday, September 16 – 1.45pm, v New Zealand
Sunday, September 17 – 10.30am, v Australia; 3.45pm, v South Africa
Monday, September 18 – 2pm, v England; 7.15pm, v India
Tuesday, September 19 – 12.15pm, v Singapore; 5.30pm, v Sri Lanka
Thursday, September 21 – 2pm v Malaysia
Friday, September 22 – 3.30pm, semi-final
Saturday, September 23 – 3pm, grand final

Women
Saturday, September 16 – 5.15pm, v Australia
Sunday, September 17 – 2pm, v South Africa; 7.15pm, v New Zealand
Monday, September 18 – 5.30pm, v England
Tuesday, September 19 – 10.30am, v New Zealand; 3.45pm, v South Africa
Thursday, September 21 – 12.15pm, v Australia
Friday, September 22 – 1.30pm, semi-final
Saturday, September 23 – 1pm, grand final

Profile

Company: Justmop.com

Date started: December 2015

Founders: Kerem Kuyucu and Cagatay Ozcan

Sector: Technology and home services

Based: Jumeirah Lake Towers, Dubai

Size: 55 employees and 100,000 cleaning requests a month

Funding:  The company’s investors include Collective Spark, Faith Capital Holding, Oak Capital, VentureFriends, and 500 Startups. 

How to register as a donor

1) Organ donors can register on the Hayat app, run by the Ministry of Health and Prevention

2) There are about 11,000 patients in the country in need of organ transplants

3) People must be over 21. Emiratis and residents can register. 

4) The campaign uses the hashtag  #donate_hope

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

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