Ireland shares an openness to the world with the UAE



Where Irish people go, they make their mark. They play their part in society and contribute to the economy. The history of Ireland since the middle of the 19th century has been marked by emigration - some voluntary but often involuntary - as Irish people sought opportunity. The scale of this emigration has been remarkable. There are 70 million people worldwide who claim some Irish heritage, with the largest communities in Britain and the United States. This migration has helped to shape the history of many nations, including the UAE.

Tom Barry came to the UAE in the 1970s. He is now CEO of Arabtec Construction, having helped to build the company for more than 30 years. Gerald Lawless, another long-term UAE resident, is now executive chairman of Jumeirah Group, a company that has instant brand recognition the world over. Séamus Byrne founded Byrne Rental, which supplies equipment to concerts and other big events across the country. Colm McLoughlin came to the UAE in the early 1980s to help set up Dubai Duty Free and he is still here, having helped to build the world's largest duty free operation. There are many others like them who have come from Ireland to make lasting contributions to the UAE.

I am delighted to celebrate St Patrick's Day, Ireland's national day, as Ireland's first resident ambassador to the UAE. One month ago today, the UAE's first resident ambassador to Ireland, Khaled Lootah, presented his credentials to the president of Ireland, Mary McAleese, completing the exchange of resident embassies between our two countries. This exchange of embassies is a significant step, but it is not the beginning of the relationship. We have some long-standing connections through people and often more visibly, through horses. Ireland was also honoured to be one of the reference points for the Abu Dhabi 2030 plan.

The UAE's ambitious plans for economic growth and expansion have attracted interest from all over the world. These plans have attracted many suitors: individuals, companies and even countries, who want to play their part in this expansion and present themselves as perfect partners. Ireland is anything but a perfect partner. We are a small island, with a small population, on the edge of Europe. We have limited natural resources. Over the last two years, we have faced particular difficulties in the context of the global financial and economic crisis, with a serious knock-on effect on the public finances and the position of our banks.

We have risen to these challenges - the long and short-term ones. In the absence of significant natural resources, we invested in our people through education. Ireland now has one of the most highly skilled, highly educated and productive labour forces in the world. Our energy resources were once thought to be limited but with changing technologies, they can be plentiful. On the edge of the Atlantic Ocean, Irish companies are at the forefront of developing the technology necessary to commercialise windpower. Ireland is also a significant global player in the fields of pharmaceuticals, medical devices and commercial services.

Rather than see our geographical position as a disadvantage, we saw Ireland as a gateway to Europe from the west. The US is the single biggest source of foreign direct investment in Ireland. There are now more than 400 US companies in Ireland, employing more than 90,000 people and in the other direction, there are nearly 200 Irish companies operating in the US, employing over 80,000 people. Our success in attracting foreign direct investment has become a model, in particular for similar sized countries. The remarkable transformation of the Irish economy over the last 20 years is continuing, with the government investing heavily in research and development and fourth-level education.

Today there will be major celebrations of St Patrick's Day all around the world. The Sydney Opera House, the London Eye, and the Empire State Building will all go green. The Taoiseach, Ireland's prime minister, will visit the White House. Irish ministers will visit all corners of the world to promote Ireland and to meet and show their support for Irish communities. As part of this, Ireland's attorney general, Paul Gallagher, is visiting the United Arab Emirates this week to show his support for the thousands of Irish who are making their lives here in the UAE. This is just the latest high-level visit from Ireland to the UAE. Our president, Mary McAleese visited last year, and the then Taoiseach (prime minister) visited in 2007.

At the heart of Ireland's development and success over the last 20 years is an openness to the world, and a willingness to look outward for opportunities, for ideas and for partners. We share these strengths with the UAE; the growing friendship between the two nations is a testament to their value. Our openness extends to welcoming visitors. The country has been blessed with a rich and varied landscape, combining lush greenery with a rugged Atlantic coast. These natural advantages have been matched with the finest tourist infrastructure, but more important is the warm welcome our visitors will encounter whether they are visiting the largest cities or smallest villages.

As the UAE opens an embassy in Dublin, and we open our own in Abu Dhabi, the Irish have particular reason for pride this St Patrick's Day. Ciarán Madden is the Republic of Ireland's ambassador to the UAE

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

Generation Start-up: Awok company profile

Started: 2013

Founder: Ulugbek Yuldashev

Sector: e-commerce

Size: 600 plus

Stage: still in talks with VCs

Principal Investors: self-financed by founder

Bangladesh tour of Pakistan

January 24 – First T20, Lahore

January 25 – Second T20, Lahore

January 27 – Third T20, Lahore

February 7-11 – First Test, Rawalpindi

April 3 – One-off ODI, Karachi

April 5-9 – Second Test, Karachi

COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
The specs: 2018 Jaguar E-Pace First Edition

Price, base / as tested: Dh186,480 / Dh252,735

Engine: 2.0-litre four-cylinder

Power: 246hp @ 5,500rpm

Torque: 365Nm @ 1,200rpm

Transmission: Nine-speed automatic

Fuel consumption, combined: 7.7L / 100km

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Company%20profile
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Specs
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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.

The British in India: Three Centuries of Ambition and Experience

by David Gilmour

Allen Lane

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If you go

Flight connections to Ulaanbaatar are available through a variety of hubs, including Seoul and Beijing, with airlines including Mongolian Airlines and Korean Air. While some nationalities, such as Americans, don’t need a tourist visa for Mongolia, others, including UAE citizens, can obtain a visa on arrival, while others including UK citizens, need to obtain a visa in advance. Contact the Mongolian Embassy in the UAE for more information.

Nomadic Road offers expedition-style trips to Mongolia in January and August, and other destinations during most other months. Its nine-day August 2020 Mongolia trip will cost from $5,250 per person based on two sharing, including airport transfers, two nights’ hotel accommodation in Ulaanbaatar, vehicle rental, fuel, third party vehicle liability insurance, the services of a guide and support team, accommodation, food and entrance fees; nomadicroad.com

A fully guided three-day, two-night itinerary at Three Camel Lodge costs from $2,420 per person based on two sharing, including airport transfers, accommodation, meals and excursions including the Yol Valley and Flaming Cliffs. A return internal flight from Ulaanbaatar to Dalanzadgad costs $300 per person and the flight takes 90 minutes each way; threecamellodge.com

COMPANY%20PROFILE%20
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3EAlmouneer%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202017%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Dr%20Noha%20Khater%20and%20Rania%20Kadry%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EEgypt%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%20%3C%2Fstrong%3E120%3Cbr%3E%3Cstrong%3EInvestment%3A%20%3C%2Fstrong%3EBootstrapped%2C%20with%20support%20from%20Insead%20and%20Egyptian%20government%2C%20seed%20round%20of%20%3Cbr%3E%243.6%20million%20led%20by%20Global%20Ventures%3Cbr%3E%3C%2Fp%3E%0A
Company%20Profile
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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
 
 
 
 
 
 
 
Tips from the expert

Dobromir Radichkov, chief data officer at dubizzle and Bayut, offers a few tips for UAE residents looking to earn some cash from pre-loved items.

  1. Sellers should focus on providing high-quality used goods at attractive prices to buyers.
  2. It’s important to use clear and appealing photos, with catchy titles and detailed descriptions to capture the attention of prospective buyers.
  3. Try to advertise a realistic price to attract buyers looking for good deals, especially in the current environment where consumers are significantly more price-sensitive.
  4. Be creative and look around your home for valuable items that you no longer need but might be useful to others.
Greatest Royal Rumble results

John Cena pinned Triple H in a singles match

Cedric Alexander retained the WWE Cruiserweight title against Kalisto

Matt Hardy and Bray Wyatt win the Raw Tag Team titles against Cesaro and Sheamus

Jeff Hardy retained the United States title against Jinder Mahal

Bludgeon Brothers retain the SmackDown Tag Team titles against the Usos

Seth Rollins retains the Intercontinental title against The Miz, Finn Balor and Samoa Joe

AJ Styles remains WWE World Heavyweight champion after he and Shinsuke Nakamura are both counted out

The Undertaker beats Rusev in a casket match

Brock Lesnar retains the WWE Universal title against Roman Reigns in a steel cage match

Braun Strowman won the 50-man Royal Rumble by eliminating Big Cass last

The specs

Engine: 1.5-litre turbo

Power: 181hp

Torque: 230Nm

Transmission: 6-speed automatic

Starting price: Dh79,000

On sale: Now

Mobile phone packages comparison
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'The Batman'

Stars:Robert Pattinson

Director:Matt Reeves

Rating: 5/5

The Melbourne Mercer Global Pension Index

The Melbourne Mercer Global Pension Index

Mazen Abukhater, principal and actuary at global consultancy Mercer, Middle East, says the company’s Melbourne Mercer Global Pension Index - which benchmarks 34 pension schemes across the globe to assess their adequacy, sustainability and integrity - included Saudi Arabia for the first time this year to offer a glimpse into the region.

The index highlighted fundamental issues for all 34 countries, such as a rapid ageing population and a low growth / low interest environment putting pressure on expected returns. It also highlighted the increasing popularity around the world of defined contribution schemes.

“Average life expectancy has been increasing by about three years every 10 years. Someone born in 1947 is expected to live until 85 whereas someone born in 2007 is expected to live to 103,” Mr Abukhater told the Mena Pensions Conference.

“Are our systems equipped to handle these kind of life expectancies in the future? If so many people retire at 60, they are going to be in retirement for 43 years – so we need to adapt our retirement age to our changing life expectancy.”

Saudi Arabia came in the middle of Mercer’s ranking with a score of 58.9. The report said the country's index could be raised by improving the minimum level of support for the poorest aged individuals and increasing the labour force participation rate at older ages as life expectancies rise.

Mr Abukhater said the challenges of an ageing population, increased life expectancy and some individuals relying solely on their government for financial support in their retirement years will put the system under strain.

“To relieve that pressure, governments need to consider whether it is time to switch to a defined contribution scheme so that individuals can supplement their own future with the help of government support,” he said.


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