Obeida Takiiti hopes to stay on in Dubai after he finishes his degree at The American University in the city. Jaime Puebla / The National
Obeida Takiiti hopes to stay on in Dubai after he finishes his degree at The American University in the city. Jaime Puebla / The National

Students given opportunity to pursue their dreams



DUBAI // While many people look to travel from the UAE to Lebanon for its culture, history and entertainment, Lebanese student Obeida Takiiti chose to do his degree at the American University of Dubai.

The 22-year-old digital production and storytelling student is in his final, fourth year in Dubai. Obeida could not find the course he wanted at any of the many universities at home in Beirut.

"Some of the degrees in Lebanon are very good in certain fields like science but not in media," he says.

"It really depends on your field of study. There was more choice for me here than in Lebanon. Back home it was more focused on traditional journalism or even in film, it's more about theatre and plays than filmmaking."

He won a scholarship to study at the university's media and communications college, and the thought of coming to the rapidly developing city excited him.

"There was such glory that you can see on television and the internet on how Dubai evolved over recent years, how it's become an interesting tourist place," Obeida says.

When he first arrived, imagining something more traditionally Arab, he was surprised at the international feel of the city and the campus.

"I love living in Dubai. Even when I leave to go home for the summer, I still look forward to coming back after the break," Obeida says.

"Even in some of the breaks I don't go back home. I sometimes stay and do internships or volunteer work."

He hopes that will stand him in good stead to stay in Dubai after he finishes his degree.

"There's more opportunities here. There are so many film festivals, the Dubai and Abu Dhabi ones, the Gulf film festival. I've never heard of a Beirut film festival.

"The industry is growing here. Even if I was thinking of directing a film in Lebanon, it would be a case of collaborating with a company here, not just in Lebanon."

Obeida's group of friends is more diverse than it would be on a Lebanese campus, he says, as is his social life.

"There, you will just go to shisha cafes and the beach but here, there are so many events instead of just things revolving around eating. It's much easier to reach different places too."

And compared with the turmoil back home, the Emirates is a safe place to live.

"The last two to four years it's been really intense," Obeida says. "If I'm planning on having a successful business, the security here really helps."

Now when he goes home his family, who wanted him to stay closer to home, see changes in him, from his long hair to his maturer, more independent personality.

"They think I'm some kind of alien, but being here has helped me grow and change."

DUBAI // Tunisian student Afnan Laamari, 21, has been in the UAE for 10 years.

She came here with her family when her father got a job.

When the time came to go to university, despite having the chance to go back home or elsewhere, she chose to study in Dubai.

“I’m too attached to my family,” she admits. “I’m also used to living in Dubai and the comforts I have here. I have a car, things are easy. Other countries are just for holidays.”

Afnan studied at the Lycee Georges Pompidou in Dubai and wanted to expand her education to a third language, already bilingual in Arabic and French.

“I didn’t want to go back to Tunisia and do my studies in French,” she says. I wanted that other language. I wouldn’t find a university like this in English for this kind of subject. It would all be in Arabic and French. The universities there are good but there isn’t that same kind of diversity.”

She chose to study at the branch campus of the UK-based Middlesex University in Dubai. “Everyone usually goes to the American system but for me, this subject was more practical at this university, more hands-on.”

Conscious of her of future employability, she is studying media. “This degree mixes three disciplines, media, PR and advertising so it gives you more opportunities.”

Already, the internships the university has helped to arrange have shown her how much opportunity there is on her doorstep.
"I wouldn't get these back in Tunisia. There are not the same internship chances as there are here."

Many of her friends did choose to go abroad and study. “Most of them have lived here their whole life so haven’t experienced the freedom of western countries, but they mostly come back. They can barely survive over there. Living alone was very hard and the lifestyle was so different.

“Some of them still felt conscious of being an Arab in a western country. Here, it’s more like home. There isn’t that feeling at all. It has that thing that keeps you attached to it and it’s hard to express.”

Students at the Dubai campus have the option to transfer to the UK for their third and final year, to give them that international exposure.

“I know I don’t want to already,” she says. She knows all too well the privileges she has here are nothing like student life in the UK, where it is rare for students to drive cars and be able to socialise in the kinds of places students can afford here. Many of her fellow students around campus are decked out in designer attire and drive brand new cars.

“I want to come back here after anyway. You get used to the lifestyle here too. I have everything I want here.

“It’s not like I have strict parents. I’d have no curfew there but I have so much freedom, my own car, I don’t feel like I’d have anything like that there. I love Dubai as much as I love Tunisia.”

DUBAI // For Bahraini student Fatima Al Hajj, Dubai was only meant to be a trial run for moving abroad to study.

The 20-year-old business student, now in her third year at the American University in Dubai (AUD), came to the UAE thinking it would be a one-year preparation for going further afield, perhaps to the US or Canada.

“I wasn’t sure if I could stay so far from home, so I came here for a year because it was closer to home,” she says. “But I really liked it and ended up staying, even though I got into the universities in the US that I wanted.”

Although there are more universities in the UAE than Bahrain, she was wary initially about coming here, having heard stories about universities lacking accreditation or not being of a very good standard.

“The problems were the same here as in Bahrain,” she says. However, she adds that with AUD it was not an issue. “I can take this degree back to Bahrain and it’s recognised. It’s a respected degree.”

The city won her over, too. “I loved the environment, the people. It’s close to home and it’s not really too different to Bahrain,” she says.

“Bahrain is more traditional but here, I like the fact that it’s so multicultural and we can do what we want without anyone judging us.”

She moved into dorms when she arrived which gave her a sense of family, getting to know friends from all over the world.

In addition, she has joined clubs such as the girls’ football team and the Khaleeji club. “There’s so much to do here and we really have that freedom to do what we want.

“If I’d have stayed in Bahrain, I’d have only focused on the academic work like when I was at school, but here I can experience a different form of life and the whole university experience, doing that with people from all different backgrounds.

“It’s so interesting. I’ve improved my football and met so many different people along the way.”

She admits that if she were back home, she would still be as dependent on her family as she was before she left.

“I wouldn’t do anything without them. I was so connected to my family, but here I am different. At home I only focused on my school life, but here I’ve done things outside of that and it’s something I’ll remember forever.”

Through the Khaleeji club she has maintained a connection to her culture. “We get to do so many events and show people our culture because the Khaleeji cultures are all the same. It helps me keep my identity. Because of this club, people know we’re all one and that we’re all the same.”

What is graphene?

Graphene is extracted from graphite and is made up of pure carbon.

It is 200 times more resistant than steel and five times lighter than aluminum.

It conducts electricity better than any other material at room temperature.

It is thought that graphene could boost the useful life of batteries by 10 per cent.

Graphene can also detect cancer cells in the early stages of the disease.

The material was first discovered when Andre Geim and Konstantin Novoselov were 'playing' with graphite at the University of Manchester in 2004.

Company%20Profile
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COMPANY PROFILE

Name: Qyubic
Started: October 2023
Founder: Namrata Raina
Based: Dubai
Sector: E-commerce
Current number of staff: 10
Investment stage: Pre-seed
Initial investment: Undisclosed 

Electoral College Victory

Trump has so far secured 295 Electoral College votes, according to the Associated Press, exceeding the 270 needed to win. Only Nevada and Arizona remain to be called, and both swing states are leaning Republican. Trump swept all five remaining swing states, North Carolina, Georgia, Pennsylvania, Michigan and Wisconsin, sealing his path to victory and giving him a strong mandate. 

 

Popular Vote Tally

The count is ongoing, but Trump currently leads with nearly 51 per cent of the popular vote to Harris’s 47.6 per cent. Trump has over 72.2 million votes, while Harris trails with approximately 67.4 million.

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%3A%3C%2Fstrong%3E%20Eco%20Way%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%20December%202023%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Ivan%20Kroshnyi%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%2C%20UAE%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Electric%20vehicles%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Bootstrapped%20with%20undisclosed%20funding.%20Looking%20to%20raise%20funds%20from%20outside%3Cbr%3E%3C%2Fp%3E%0A
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.

If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.

When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.

How to get there: Emirates currently flies from Dubai to Orlando five times a week.
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Revibe%20%0D%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202022%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Hamza%20Iraqui%20and%20Abdessamad%20Ben%20Zakour%20%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%20%0D%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Refurbished%20electronics%20%0D%3Cbr%3E%3Cstrong%3EFunds%20raised%20so%20far%3A%3C%2Fstrong%3E%20%2410m%20%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EFlat6Labs%2C%20Resonance%20and%20various%20others%0D%3C%2Fp%3E%0A
Nayanthara: Beyond The Fairy Tale

Starring: Nayanthara, Vignesh Shivan, Radhika Sarathkumar, Nagarjuna Akkineni

Director: Amith Krishnan

Rating: 3.5/5

The specs

Engine: Dual 180kW and 300kW front and rear motors

Power: 480kW

Torque: 850Nm

Transmission: Single-speed automatic

Price: From Dh359,900 ($98,000)

On sale: Now

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

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.”

Citadel: Honey Bunny first episode

Directors: Raj & DK

Stars: Varun Dhawan, Samantha Ruth Prabhu, Kashvi Majmundar, Kay Kay Menon

Rating: 4/5

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Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

Basquiat in Abu Dhabi

One of Basquiat’s paintings, the vibrant Cabra (1981–82), now hangs in Louvre Abu Dhabi temporarily, on loan from the Guggenheim Abu Dhabi. 

The latter museum is not open physically, but has assembled a collection and puts together a series of events called Talking Art, such as this discussion, moderated by writer Chaedria LaBouvier. 

It's something of a Basquiat season in Abu Dhabi at the moment. Last week, The Radiant Child, a documentary on Basquiat was shown at Manarat Al Saadiyat, and tonight (April 18) the Guggenheim Abu Dhabi is throwing the re-creation of a party tonight, of the legendary Canal Zone party thrown in 1979, which epitomised the collaborative scene of the time. It was at Canal Zone that Basquiat met prominent members of the art world and moved from unknown graffiti artist into someone in the spotlight.  

“We’ve invited local resident arists, we’ll have spray cans at the ready,” says curator Maisa Al Qassemi of the Guggenheim Abu Dhabi. 

Guggenheim Abu Dhabi's Canal Zone Remix is at Manarat Al Saadiyat, Thursday April 18, from 8pm. Free entry to all. Basquiat's Cabra is on view at Louvre Abu Dhabi until October

The specs

Price, base / as tested Dh135,000

Engine 1.6L turbo

Gearbox Six speed automatic with manual and sports mode

Power 165hp @ 6,000rpm

Torque 240Nm @ 1,400rpm 0-100kph: 9.2 seconds

Top speed 420 kph (governed)

Fuel economy, combined 35.2L / 100km (est)

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The specs

Engine: 1.5-litre 4-cylinder petrol

Power: 154bhp

Torque: 250Nm

Transmission: 7-speed automatic with 8-speed sports option 

Price: From Dh79,600

On sale: Now

SPECS

Engine: Two-litre four-cylinder turbo
Power: 235hp
Torque: 350Nm
Transmission: Nine-speed automatic
Price: From Dh167,500 ($45,000)
On sale: Now

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Kanguva
Director: Siva
Stars: Suriya, Bobby Deol, Disha Patani, Yogi Babu, Redin Kingsley
Rating: 2/5
 
Profile

Company name: Jaib

Started: January 2018

Co-founders: Fouad Jeryes and Sinan Taifour

Based: Jordan

Sector: FinTech

Total transactions: over $800,000 since January, 2018

Investors in Jaib's mother company Alpha Apps: Aramex and 500 Startups