'Economic growth key to fight against extremism'

Agencies
September 16, 2017

New York, Sept 16: Economic development is a key factor in deterring young people in the Middle East and elsewhere from becoming involved in violent extremism, a gathering of world leaders heard in New York.

A one-day youth forum on tolerance — held under the joint auspices of the MiSK Foundation, the Saudi Arabian philanthropic organization headed by Saudi Crown Prince Mohammed bin Salman, and the UN Development Program — was told that economic advancement would encourage young people to participate in civil society and peaceful dialogue.

Abdullah Al-Mouallimi, Saudi ambassador to the UN, told the forum that the Kingdom’s Vision 2030 strategy aligned with the UN’s 2030 Agenda for Sustainable Development.

“Both have not only economic parameters, but are also about the potential in society, the environment and in justice. The Saudi strategy describes a vision of how to move from dependence on one commodity and how to develop a more coherent society with integrity in its approach to social issues, which are also the goals of the UN,” Al-Mouallimi said.

He highlighted the role of young women in the transformation. “Saudi women comprise 60 percent of the college population in Saudi Arabia, and they are going to come to the workforce and make a dramatic difference,” Al-Mouallimi said.

Bader Al-Asaker, secretary-general of the MiSK Foundation, said: “Our aim is to shine a light on the transformative power of youth, to lift them up and prove a platform for young people to create positive change.”

Michael Bloomberg, the media entrepreneur and former mayor of New York, said that he was in partnership with MiSK in Saudi Arabia to train young citizens in economics and finance. He said that the growing number of young people who live in cities, both in the Middle East and the rest of the world, would help promote tolerance and peace.

“Some people call them the millennial generation, but I’d rather refer to them as the metropolitan generation. Now 50 percent of the world’s population live in cities, and nothing has done more than cities to spread tolerance and peace in the world. Cities also encourage innovation and sustainable development,” he added.

Achim Steiner, administrator of the UN Development Program, also stressed the role of economic development in nurturing tolerance. “For young people, achieving the Sustainable Development Goals means the possibility of attending school, having access to health care, participating in their civic and political discourse, and living free from conflict. It means having hope and prosperity.”

The one-day MiSK event in New York consisted of high-level panel discussions, speeches and workshops, with more than 20 youth leaders from round the world.

A senior adviser to MiSK said the event was part of the Kingdom’s global outreach program, and that there would be further cooperation between Saudi Arabia and the UN on specific development initiatives.

“The younger generation is driven by the desire to create an impact, and if you don’t give them opportunities in entrepreneurship they’ll find another way to do that,” the adviser said.

The MiSK-UN event, which was attended by more than 400 people from 60 countries, coincided with the 72nd Session of the UN General Assembly (UNGA).

A panel moderated by former NBC News anchor Tom Brokaw and featuring former US Secretary of State Madeleine Albright focused on the information revolution and what she called the “disaggregation” of news. Albright advised the young audience to be skeptical about the information they encounter, especially on social media.

Two other panels discussed the challenges faced by refugees around the world and how best to counter violent extremists. Panelists on the latter panel stressed the importance of engaging with youth and offering them a sense of hope and purpose.

One memorable moment came when Saudi writer Kawthar Al-Arbash recounted the moment she learned that her son had been killed after he stopped a suicide bomber from carrying out an attack inside a mosque in the city of Dammam. Her moving, personal account was met with a standing ovation.

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News Network
May 5,2020

Abu Dhabi, May 5: The overall real GDP (gross domestic product) of the United Arab Emirates is estimated to have grown by 1.7 percent in 2019, the country’s central bank said in a statement on Monday carried by WAM.

"The UAE hydrocarbon sector is estimated to have exhibited a growth of 3.4 percent in 2019. However, non-oil activities advanced at a softer pace growing by 1.0 percent. As a result, overall real GDP is estimated by FCSA (Federal Competitiveness and Statistics Authority) to have grown by 1.7 percent in 2019," said the financial regulator in its Annual Report 2019.

"The spread of COVID-19 is expected to impact trade and supply chain movements, coupled with travel restrictions which paves way for high volatility in capital markets and commodity prices. While the outbreak is expected to negatively affect the global and domestic economies, it is still early to gauge the scale of the economic fallout," the report added.

The report noted that the higher hydrocarbon output, as well as growth in non-hydrocarbon economic activity, supported the pace of the country's overall economic growth in 2019.

"Meanwhile, the fading effect of VAT, the appreciating Dirham, lower energy prices and decline in rents pushed inflation in negative territory. However, the employment rate registered a steady rebound. Looking ahead, the economic outlook for 2020 remains uncertain owing to the COVID-19 outbreak," the report elaborated.

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News Network
July 28,2020

Dubai, Jul 28: A heart-broken father who lost his 19-year-old son in a tragic car accident during Christmas last year has sponsored the repatriation costs of 61 Indians stranded in the UAE.

 The special flydubai repatriation flight, chartered by the All Kerala Colleges Alumni Federation (Akcaf) volunteer group, of which he is a member of, departed from Dubai to Kochi on July 25 carrying 199 passengers.

 On this particular flight, I sponsored 55 air tickets," said TN Krishnakumar, a sales and marketing director. He had lost his son Rohit Krishnakumar in a car accident, which also claimed the life of the teen's friend, Sharat Kumar (21).

"All passengers who were registered with the Indian missions were also asked to register on the Akcaf volunteer group website. Each passenger was further vetted, after which we made home visits to ensure that all the applicants were genuinely in need of financial support and repatriation," he said.

Commenting on what inspired him to dedicate himself to community work, Krishankumar said: "When a situation like this comes up, you realise there is no meaning in money. I invested everything I made into my son, and that had crashed in front of my eyes. He was a third-year medical student at the University of Manchester in the UK and had returned home for a vacation when the accident took place. Since then, I have been involved in a lot of social activities. If I do not do this, there is no meaning to my existence."

Since the outbreak of the Covid-19 pandemic, Krishnakumar said the group has supported thousands of individuals in need of help. "We supported unemployed people with several hundred bags of grocery kits and other necessary items. We also supported Covid-19 patients by transferring them to the medical facility in Warsan, etc.," he said.

"I come from a very middle-class family. I got a scholarship to study in college, and I studied with the help of taxpayers' money. I have always wanted to give back to society. I have grown immensely in life and now is my time to give back.," he added.

Krishnakumar also sponsors the education of over 1,000 academically gifted school children in Kerala's government-aided schools. He is a life trustee at the College of Engineering Trivandrum Alumni Galaxy Charitable Trust and an active participant towards various educational causes.

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News Network
May 21,2020

Dubai, May 21: Around 10,000 Iranian health workers have been infected with the new coronavirus, the semi-official ILNA news agency quoted a deputy health minister as saying on Thursday.

Health services are stretched thin in Iran, the Middle East country hardest hit by the respiratory pandemic, with 7,249 deaths and a total of 129,341 infections. The Health Ministry said in April that over 100 health workers had died of COVID-19.

No more details on infections among health workers were immediately available.

Earlier on Thursday, Health Minister Saeed Namaki appealed to Iranians to avoid travelling during the Eid al-Fitr religious holiday later this month to avoid the risk of a new surge of coronavirus infections, state TV reported.

Iranians often travel to different cities around the country to mark the end of the Muslim holy fasting month of Ramadan, something Namaki said could lead to a disregard of social distancing rules and a fresh outbreak of COVID-19.

"I am urging you not to travel during the Eid. Definitely, such trips mean new cases of infection...People should not travel to and from those high-risk red areas," Namaki was quoted by state television as saying.

"Some 90% of the population in many areas has not yet contracted the disease. In the case of a new outbreak, it will be very difficult for me and my colleagues to control it."

A report by parliament's research centre suggested that the actual tally of infections and deaths in Iran might be almost twice that announced by the health ministry.

However, worried that measures to limit public activities could wreck an economy which has already been battered by U.S. sanctions, the government has been easing most restrictions on normal life in late April.

Infected cases have been on a rising trajectory for the past two weeks. However, President Hassan Rouhani said on Wednesday that Iran was close to curbing the outbreak.

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