We are a forgetful species, and our belongings tend to go astray. Insurance companies, which have a vested interest in getting us to pay to protect ourselves against loss, have commissioned surveys to measure the extent of this problem.
The average person misplaces nine objects every day, says one. We spend 12 days a year looking for things, says another. These numbers may or may not be accurate, but we all recognise the inconvenience of losing keys, phones, purses and wallets.
It’s a problem that technology has sought to solve in recent years by enabling objects to beep, phone home or show up on a map. But soon, lost items may be able to reveal themselves a lot more easily and precisely.
A form of wireless communication called ultra-wideband, or UWB, enables location pinpointing accurate to the centimetre, and it’s built into the latest smartphones from Apple and Samsung. Next year, if rumours are to be believed, these will be followed up with next-generation tags – also UWB-equipped – that can be attached to whatever we choose. It may precipitate the previously unthinkable: the unlosable car key.
You'll be able to use your smartphone to find what you're looking for, whether it's somewhere to eat at the airport or ... your car in a parking garage
Tile was the first brand to capitalise on our need to find lost items. Eight years ago, the fledgling company smashed crowdfunding records to finance the production of its Bluetooth-enabled tags, which could connect with a smartphone app, advise where they were last “seen” and beep helpfully. If you were out of the Bluetooth range of a tag, a larger network formed by other Tile users could come to your rescue. While competitors came and went – Proximo, Bringrr, Gecko and others – Tile went from strength to strength, forming alliances with the likes of Google, Intel and HP.
A new surge of interest has accompanied rumours that Apple is getting in on the act. The development of a small circular disc dubbed “AirTag” was first hinted at 18 months ago, with references to it found in the iPhone’s operating system.
Earlier this year, its existence was accidentally revealed in a now-deleted Apple support video, showing how the app that is currently used to find your smartphone could be used to find other objects.
While this could be seen as encroaching on Tile’s well-established territory, there’s one key difference: the presence of UWB in both the tag and the phone. The code suggested that by using your phone’s camera and scanning the room, the location of an object could be revealed on screen by means of a small balloon. No beep necessary.
The technology that facilitates this modern-day magic isn’t new. UWB has existed for decades, but it never caught on as a method of sending data. However, when Apple’s iPhone 11 became the first smartphone to utilise it in September last year, its new role as a “sensing chip” soon became clear.
"UWB has been around for a while, but the chips implementing the technology are new or somewhat new," says Stanford University's Colleen Josephson in a recent episode of the technology podcast Cookies. "The key is not so much the technology, but the players. Once big players have taken this technology and essentially endorsed it by including it in their products, that is the real catalyst for this to become ubiquitous."
How does it work? UWB sends out up to a billion incredibly short pulses of energy per second, and their departure and arrival can be measured with great accuracy. Until now, the location of devices has generally been measured according to the signal strength of Wi-Fi or Bluetooth, by converting that to a rough estimate of distance. UWB measures the distance precisely, and gains power and flexibility when used in tandem with Wi-Fi and Bluetooth.
Apple was coy about UWB initially, indicating that it would be mainly used to transfer files between devices, while also hinting at its “spatial awareness”.
But almost a year later, in August this year, Samsung was more bullish about its potential when it incorporated UWB into the Galaxy Note 20 Ultra.
“It allows mobile devices to better understand their surroundings,” says KJ Kim, the company’s chief technology officer. “It can assist with a wide range of needs, from making secure remote payments to locating a missing remote control. UWB also makes it possible to navigate large spaces with incredible accuracy, which means you’ll be able to use your smartphone to find what you’re looking for, whether it’s somewhere to eat at the airport or the location of your car in a parking garage.”
Last week, it was reported that Samsung could also be developing a UWB tag, the “Galaxy Smart Tag”, in direct competition with Apple. More than 40 other companies, including Sony, Volkswagen and Bosch, are also working on UWB standards.
The implications are huge. What GPS did for the outdoors, UWB can do for indoors. Devices will know where we are and vice versa, with homes and workplaces responding to our proximity and integrating us with our environments: doors that unlock, lights that switch on. Of course, these developments are not without their challenges.
"Describing a scenario where you walk into a shop and it points you to a particular product or helps you navigate that environment, that's great," says New York University's Yan Shvartzshnaider in the aforementioned Cookies podcast. "[But] certainly it can have a negative effect on consumer privacy."
In this technological age, convenience always comes with trade-offs. But for now, to focus on one of the positives: at least we’ll know where our keys are.
Checks continue
A High Court judge issued an interim order on Friday suspending a decision by Agriculture Minister Edwin Poots to direct a stop to Brexit agri-food checks at Northern Ireland ports.
Mr Justice Colton said he was making the temporary direction until a judicial review of the minister's unilateral action this week to order a halt to port checks that are required under the Northern Ireland Protocol.
Civil servants have yet to implement the instruction, pending legal clarity on their obligations, and checks are continuing.
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The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
How to apply for a drone permit
- Individuals must register on UAE Drone app or website using their UAE Pass
- Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
- Upload the training certificate from a centre accredited by the GCAA
- Submit their request
What are the regulations?
- Fly it within visual line of sight
- Never over populated areas
- Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
- Users must avoid flying over restricted areas listed on the UAE Drone app
- Only fly the drone during the day, and never at night
- Should have a live feed of the drone flight
- Drones must weigh 5 kg or less
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
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THE SPECS
Engine: 1.5-litre turbocharged four-cylinder
Transmission: Constant Variable (CVT)
Power: 141bhp
Torque: 250Nm
Price: Dh64,500
On sale: Now
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A list of the animal rescue organisations in the UAE
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.”
WHAT IS A BLACK HOLE?
1. Black holes are objects whose gravity is so strong not even light can escape their pull
2. They can be created when massive stars collapse under their own weight
3. Large black holes can also be formed when smaller ones collide and merge
4. The biggest black holes lurk at the centre of many galaxies, including our own
5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed
In-demand jobs and monthly salaries
- Technology expert in robotics and automation: Dh20,000 to Dh40,000
- Energy engineer: Dh25,000 to Dh30,000
- Production engineer: Dh30,000 to Dh40,000
- Data-driven supply chain management professional: Dh30,000 to Dh50,000
- HR leader: Dh40,000 to Dh60,000
- Engineering leader: Dh30,000 to Dh55,000
- Project manager: Dh55,000 to Dh65,000
- Senior reservoir engineer: Dh40,000 to Dh55,000
- Senior drilling engineer: Dh38,000 to Dh46,000
- Senior process engineer: Dh28,000 to Dh38,000
- Senior maintenance engineer: Dh22,000 to Dh34,000
- Field engineer: Dh6,500 to Dh7,500
- Field supervisor: Dh9,000 to Dh12,000
- Field operator: Dh5,000 to Dh7,000
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The specs: 2018 Chevrolet Trailblazer
Price, base / as tested Dh99,000 / Dh132,000
Engine 3.6L V6
Transmission: Six-speed automatic
Power 275hp @ 6,000rpm
Torque 350Nm @ 3,700rpm
Fuel economy combined 12.2L / 100km
The biog
Name: Dr Lalia Al Helaly
Education: PhD in Sociology from Cairo
Favourite authors: Elif Shafaq and Nizar Qabbani.
Favourite music: classical Arabic music such as Um Khalthoum and Abdul Wahab,
She loves the beach and advises her clients to go for meditation.
Classification of skills
A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation.
A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.
The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000.