2013 was an outstanding year for the UAE and Sheikh Khalifa



ABU DHABI // It was an outstanding 2013 for the UAE, thanks to the leadership of the President, Sheikh Khalifa.

In a review of the country’s achievements last year in the areas of politics, economics, and social and cultural empowerment, the state news agency Wam highlighted some of the UAE’s grandest accomplishments.

The UAE ranked third in terms of high confidence in political leadership among 148 countries worldwide in the Global Competitiveness Report 2013-2014, issued by the World Economic Forum. It also ranked 14th worldwide in the United Nation’s happiness and satisfaction survey.

“The huge achievements attained were not the end in themselves but the top priority was, and still is, to build national capacity and launch human energy directed towards the horizons of excellence, innovation and competition,” Sheikh Khalifa has said.

Wam also noted Sheikh Khalifa’s long commitment to those issues he said are important to the UAE – “to achieve social development, to improve quality of life and to realise the UAE’s developmental goals through a comprehensive national vision that aims to provide excellent educational standards, adequate housing and world-class healthcare services”.

The UAE can also be proud of its record of supporting volunteerism, entrepreneurship and the empowerment of Emirati women.

Last year, work continued on Absher, a programme designed to strengthen participation of the national cadre in the labour market.

The Khalifa Fund for Enterprise Development, aimed at helping local enterprises and providing financial services to support the development of Emirati entrepreneurs and small and medium enterprises, will continue its efforts to develop services and introduce new and innovative initiatives.

Last year, the Fund launched Ziraai to support citizens in the agricultural sector by improving training and marketing services and giving loans of up to Dh1 million interest free for farmers.

“I have a word for all leaders,” Shiekh Khalifa has said. “Heed the voices of the people, take them into consideration while you are planning, setting goals and making decisions.

“In a world that has diverse systems of mass communications and platforms for social contacts, it is necessary for governments to seek effective tools of communication with the citizen everywhere.

“We assert that broadening popular participation is a firm national trend and an irrevocable option which we have chosen with our full will.”

The past year also showcases the generosity of the UAE’s leadership.

The UAE announced an assistance programme of US$10 million (Dh36.73m) to those affected by Typhoon Haiyan in the Philippines and more than Dh1 billion for projects in Pakistan.

More than US$25 million has been provided in relief aid and humanitarian assistance to Syrian refugees in Jordan.

newdesk@thenational.ae

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Left Bank: Art, Passion and Rebirth of Paris 1940-1950

Agnes Poirer, Bloomsbury

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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.

ABU%20DHABI'S%20KEY%20TOURISM%20GOALS%3A%20BY%20THE%20NUMBERS
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If you go

Flying

Despite the extreme distance, flying to Fairbanks is relatively simple, requiring just one transfer in Seattle, which can be reached directly from Dubai with Emirates for Dh6,800 return.

 

Touring

Gondwana Ecotours’ seven-day Polar Bear Adventure starts in Fairbanks in central Alaska before visiting Kaktovik and Utqiarvik on the North Slope. Polar bear viewing is highly likely in Kaktovik, with up to five two-hour boat tours included. Prices start from Dh11,500 per person, with all local flights, meals and accommodation included; gondwanaecotours.com 

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Engine: 2.7-litre 4-cylinder Turbomax
Power: 310hp
Torque: 583Nm
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Australia tour of Pakistan

March 4-8: First Test, Rawalpindi  

March 12-16: Second Test, Karachi 

March 21-25: Third Test, Lahore

March 29: First ODI, Rawalpindi

March 31: Second ODI, Rawalpindi

April 2: Third ODI, Rawalpindi

April 5: T20I, Rawalpindi

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

Draw for Presidents Cup fourball matches on Thursday (Internationals first mention). All times UAE:

02.32am (Thursday): Marc Leishman/Joaquin Niemann v Tiger Woods/Justin Thomas
02.47am (Thursday): Adam Hadwin/Im Sung-jae v Xander Schauffele/Patrick Cantlay
03.02am (Thursday): Adam Scott/An Byeong-hun v Bryson DeChambeau/Tony Finau
03.17am (Thursday): Hideki Matsuyama/CT Pan v Webb Simpson/Patrick Reed
03.32am (Thursday): Abraham Ancer/Louis Oosthuizen v Dustin Johnson/Gary Woodland

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The five pillars of Islam
WORLD RECORD FEES FOR GOALKEEPERS

1) Kepa Arrizabalaga, Athletic Bilbao to Chelsea (£72m)

2) Alisson, Roma to Liverpool (£67m)

3) Ederson, Benfica to Manchester City (£35m)

4) Gianluigi Buffon, Parma to Juventus (£33m)

5) Angelo Peruzzi, Inter Milan to Lazio (£15.7m

Will the pound fall to parity with the dollar?

The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.

Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.

New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.

“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.

The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.

The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.

Bloomberg


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