The chief of Abu Dhabi's media hub has told the US Aspen Institute why closing the Arabic language content gap is a top priority. The UAE is leading efforts to increase Arabic content online via twofour54, the commercial arm of the Media Zone Authority in Abu Dhabi.
It hosts more than 200 local, regional and international media and entertainment companies. Noura Al Kaabi, the chief executive at twofour54, took part in a discussion panel last week at the Aspen Institute in Washington DC to address the challenges involved. She addressed the impact of the Arabic content gap on the Arabic-speaking community and how twofour54 is working within the UAE, regionally and internationally, to forge partnerships that grows the cachet of Arabic media content.
Global players such as Google and Yahoo have ramped up efforts to increase Arabic content across their products and services.
Google has been promoting Google Hangouts with regional celebrities and recently opened up its YouTube Partner Program in Egypt, Saudi Arabia and the UAE to enable content producers to profit from their videos on the website. Developers at twofour54 have to date launched six Arabic mobile applications and the first Arabic e-book. Serving the Arabic online community is fast becoming a big media opportunity, according to experts. While Arabic is the world's seventh most spoken language, it only accounts for about 3 per cent of all online content and much of that is user-generated like tweets and Facebook updates.
"The digital era started late in Mena. There are three stages in the digital economy, first the telecoms infrastructure, smartphone and tablet penetration, second it is quality Arabic content and finally e-commerce," said Gregory Bolle, the strategic planning head at BPG Cohn & Wolfe. "We are only just entering phase two in the region."
thamid@thenational.ae
Electric scooters: some rules to remember
- Riders must be 14-years-old or over
- Wear a protective helmet
- Park the electric scooter in designated parking lots (if any)
- Do not leave electric scooter in locations that obstruct traffic or pedestrians
- Solo riders only, no passengers allowed
- Do not drive outside designated lanes
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Avengers: Endgame
Directors: Anthony Russo, Joe Russo
Starring: Robert Downey Jr, Chris Evans, Scarlett Johansson, Chris Hemsworth, Josh Brolin
4/5 stars
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Business Insights
- As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses.
- SMEs with revenue below Dh3 million per annum can opt for transitional relief until 2026, treating them as having no taxable income.
- Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.
BEETLEJUICE BEETLEJUICE
Starring: Winona Ryder, Michael Keaton, Jenny Ortega
Director: Tim Burton
Rating: 3/5
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The specs: 2018 Volkswagen Teramont
Price, base / as tested Dh137,000 / Dh189,950
Engine 3.6-litre V6
Gearbox Eight-speed automatic
Power 280hp @ 6,200rpm
Torque 360Nm @ 2,750rpm
Fuel economy, combined 11.7L / 100km
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