• Dubai's Museum of the Future will embody the forward-thinking spirit of the UAE's founding fathers, a senior Emirati minister said. Photo: UAE Government Media Office
    Dubai's Museum of the Future will embody the forward-thinking spirit of the UAE's founding fathers, a senior Emirati minister said. Photo: UAE Government Media Office
  • The museum opened its doors to the public on February 22. Photo: UAE Government Media Office
    The museum opened its doors to the public on February 22. Photo: UAE Government Media Office
  • Mohammed Al Gergawi, Minister of Cabinet Affairs, said that it would be much more than a museum, serving as a 'research lab' for the future. Photo: UAE Government Media Office
    Mohammed Al Gergawi, Minister of Cabinet Affairs, said that it would be much more than a museum, serving as a 'research lab' for the future. Photo: UAE Government Media Office
  • The museum will feature a dedicated space for children, helping to harness their love of learning. Photo: UAE Government Media Office
    The museum will feature a dedicated space for children, helping to harness their love of learning. Photo: UAE Government Media Office
  • Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, hailed it as the "most beautiful building on Earth". Photo: UAE Government Media Office
    Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, hailed it as the "most beautiful building on Earth". Photo: UAE Government Media Office
  • Workers are dwarfed by the Museum of the Future in this November 2019 picture. The intricate design is inspired by Arabic script. Antonie Robertson / The National
    Workers are dwarfed by the Museum of the Future in this November 2019 picture. The intricate design is inspired by Arabic script. Antonie Robertson / The National
  • The striking structure was years in the making. Chris Whiteoak / The National
    The striking structure was years in the making. Chris Whiteoak / The National
  • The opening date was pushed back several times and a 2020 opening date came and went as the pandemic hit. Photo: Dubai Media Office
    The opening date was pushed back several times and a 2020 opening date came and went as the pandemic hit. Photo: Dubai Media Office
  • This 2018 image shows the unique design taking shape. Antonie Robertson / The National
    This 2018 image shows the unique design taking shape. Antonie Robertson / The National
  • A cyclist poses for a photograph in front of the museum in November. AP Photo / Jon Gambrell
    A cyclist poses for a photograph in front of the museum in November. AP Photo / Jon Gambrell
  • The unique facade was voted among the most striking in the world in a recent poll. AP Photo
    The unique facade was voted among the most striking in the world in a recent poll. AP Photo
  • Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, visit the museum in September. Wam
    Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, visit the museum in September. Wam
  • Sheikh Mohammed bin Rashid tries out some of the museum's technological features. Wam
    Sheikh Mohammed bin Rashid tries out some of the museum's technological features. Wam

Dubai Future Forum to welcome 400 innovators


Ian Oxborrow
  • English
  • Arabic

The inaugural Dubai Future Forum is set to take place at the Museum of the Future next week, with more than 400 of the world’s leading futurists, experts and innovators attending.

The forum will involve 30 sessions next Tuesday and Wednesday, and will focus on four main themes: the future of our world, mitigating existential risk through foresight, value and humanity, and hedging our bets through foresight.

More than 45 international organisations specialising in designing the future of different key sectors will discuss, debate and predict the future trajectory of the world.

“Hosting the Dubai Future Forum is a testament to Dubai’s efforts in fostering collaborations and attracting global experts to analyse and anticipate the future and the opportunities and challenges it withholds,” Dubai Future Foundation said on Tuesday.

“The forum supports the unique vision that has the potential to draw a clearer picture of the most impactful future transformations and ways to prepare for them.”

_________________________

Dubai Metaverse Assembly — in pictures

  • Presentations regarding different facets of Metaverse at the Dubai Metaverse Assembly at Museum of the Future. All photos: Khushnum Bhandari / The National
    Presentations regarding different facets of Metaverse at the Dubai Metaverse Assembly at Museum of the Future. All photos: Khushnum Bhandari / The National
  • Sandeep Nailwal, co-founder of Polygon, speaks about The Building Blocks for WEB 3.0 and the Metaverse.
    Sandeep Nailwal, co-founder of Polygon, speaks about The Building Blocks for WEB 3.0 and the Metaverse.
  • From left, Alex Gubbay, Head of Digital at 'The National', moderator Amin Al Zarouni, of Bedu, Abdelrahman Mohamed, of MetaCon Global, Abdulla Mohamed Al Dhaheri, of Chaintech Lab, and Haya Al Gussain, of Evolve Network Club take part in the UAE Metaverse Contributors' panel discussion.
    From left, Alex Gubbay, Head of Digital at 'The National', moderator Amin Al Zarouni, of Bedu, Abdelrahman Mohamed, of MetaCon Global, Abdulla Mohamed Al Dhaheri, of Chaintech Lab, and Haya Al Gussain, of Evolve Network Club take part in the UAE Metaverse Contributors' panel discussion.
  • From left, Jane Witherspoon of Euronews moderates a panel discussion on 'Which sectors is the Metaverse already impacting' with Yusuf Bahadir, of GoArt, Vishal Gondal, founder and CEO of GOQii, David Clark-Joseph, of Pixelynx and Bradford Bird, of The Fabricant.
    From left, Jane Witherspoon of Euronews moderates a panel discussion on 'Which sectors is the Metaverse already impacting' with Yusuf Bahadir, of GoArt, Vishal Gondal, founder and CEO of GOQii, David Clark-Joseph, of Pixelynx and Bradford Bird, of The Fabricant.
  • Tom Urquhart from Arabian Radio Network speaks about gaming with Ahmed Tehemar, of Gamefi.
    Tom Urquhart from Arabian Radio Network speaks about gaming with Ahmed Tehemar, of Gamefi.
  • From left, Mustafa Alrawi of 'The National' speaks to Adel Al Redha, CEO of Emirates about 'Opportunities in Aviation'.
    From left, Mustafa Alrawi of 'The National' speaks to Adel Al Redha, CEO of Emirates about 'Opportunities in Aviation'.
  • A visitor tests a virtual reality headset at the Dubai Metaverse Assembly at Museum of Future.
    A visitor tests a virtual reality headset at the Dubai Metaverse Assembly at Museum of Future.
  • From left, moderator Mina Al-Oraibi, Editor-in-Chief at 'The National', HSBC's Catherine Zhou, Alexander Chehade from Binance, Keith Jordan from Mastercard, DIFC Authority's Christian Kunz and Vinit Shah from the Virtual Assets Regulatory Authority discuss the role of governments in virtual worlds.
    From left, moderator Mina Al-Oraibi, Editor-in-Chief at 'The National', HSBC's Catherine Zhou, Alexander Chehade from Binance, Keith Jordan from Mastercard, DIFC Authority's Christian Kunz and Vinit Shah from the Virtual Assets Regulatory Authority discuss the role of governments in virtual worlds.
  • Ziad Traboulsi from Meta addresses the assembly.
    Ziad Traboulsi from Meta addresses the assembly.
  • Gabriel Abed, ambassador of Barbados to the UAE, speaks about the future of nations in the Metaverse.
    Gabriel Abed, ambassador of Barbados to the UAE, speaks about the future of nations in the Metaverse.
  • Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, attends the event at Museum of the Future.
    Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, attends the event at Museum of the Future.
  • From left, Euronews moderator Laura Buckwell, Cathy Li of the World Economic Forum, Digital Dubai's Marwan Al Zarouni, Meta's James Hairston and Balsam Danhach of FTX discuss 'Maximizing the Potential of Ecosystems on the Metaverse'.
    From left, Euronews moderator Laura Buckwell, Cathy Li of the World Economic Forum, Digital Dubai's Marwan Al Zarouni, Meta's James Hairston and Balsam Danhach of FTX discuss 'Maximizing the Potential of Ecosystems on the Metaverse'.
  • Brandy Scott of the Arabian Radio Network, left, and Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World discuss 'How the Metaverse will Enable People and Operations'.
    Brandy Scott of the Arabian Radio Network, left, and Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World discuss 'How the Metaverse will Enable People and Operations'.
  • Omar Al Olama, Minister of State for Digital Economy, AI and Remote Working System, speaks about 'Unlocking Dubai's Potential'.
    Omar Al Olama, Minister of State for Digital Economy, AI and Remote Working System, speaks about 'Unlocking Dubai's Potential'.
  • Asma Shabab of Accenture leads the 'Building the Responsible Metaverse' discussion with virtual speaker Anne Groeppelin, also from Accenture.
    Asma Shabab of Accenture leads the 'Building the Responsible Metaverse' discussion with virtual speaker Anne Groeppelin, also from Accenture.
  • Ms Li, left, and Mr Hairston, right, listen as Mr Al Zarouni makes a point.
    Ms Li, left, and Mr Hairston, right, listen as Mr Al Zarouni makes a point.
  • Mr Al Olama, who is also Chairman of Dubai Chamber of Digital Economy and Vice Chairman of the Higher Committee for Future Technology and Digital Economy in Dubai.
    Mr Al Olama, who is also Chairman of Dubai Chamber of Digital Economy and Vice Chairman of the Higher Committee for Future Technology and Digital Economy in Dubai.
  • Moderator Ms Buckwell leads the panel discussion on 'Maximizing the Potential of Ecosystems on the Metaverse'.
    Moderator Ms Buckwell leads the panel discussion on 'Maximizing the Potential of Ecosystems on the Metaverse'.
  • From left, The National's Sarah Forster moderates a discussion with Samuel Hamilton of the Decentraland Foundation, Majid Al Futtaim's Joe Abi Akl, Damac Properties' Ali Sajwani and Guy Parsonage from PwC on 'Opportunities in Virtual Real Estate'.
    From left, The National's Sarah Forster moderates a discussion with Samuel Hamilton of the Decentraland Foundation, Majid Al Futtaim's Joe Abi Akl, Damac Properties' Ali Sajwani and Guy Parsonage from PwC on 'Opportunities in Virtual Real Estate'.
  • Ihab Foudeh from Microsoft speaks on the topic of 'Unravelling the Metaverse and its Future'.
    Ihab Foudeh from Microsoft speaks on the topic of 'Unravelling the Metaverse and its Future'.
  • Khalifa Al Jaziri Al Shehhi gives a presentation on 'Metaverse and the Economy'.
    Khalifa Al Jaziri Al Shehhi gives a presentation on 'Metaverse and the Economy'.
  • Some of the audience at the Dubai Metaverse Assembly.
    Some of the audience at the Dubai Metaverse Assembly.
  • From left, Mr Abi Akl, Mr Sajwani and Mr Parsonage continue their discussion.
    From left, Mr Abi Akl, Mr Sajwani and Mr Parsonage continue their discussion.
  • The audience takes in the discussion.
    The audience takes in the discussion.
  • Front-row seats for the Dubai Metaverse Assembly.
    Front-row seats for the Dubai Metaverse Assembly.
  • Minister of Economy Abdulla bin Touq, second from left, joins a discussion on 'Metaverse and the Economy' moderated by Karl Tlais, left, founder and strategic advisor of iAdvisory, Accenture managing director Bashar Kilani, second from right, and BCG Digital Ventures managing director and partner Mark Zaleski.
    Minister of Economy Abdulla bin Touq, second from left, joins a discussion on 'Metaverse and the Economy' moderated by Karl Tlais, left, founder and strategic advisor of iAdvisory, Accenture managing director Bashar Kilani, second from right, and BCG Digital Ventures managing director and partner Mark Zaleski.
  • Khalfan Belhoul, CEO of the Dubai Future Foundation gives the opening address.
    Khalfan Belhoul, CEO of the Dubai Future Foundation gives the opening address.

_________________________

It added that the forum aims to support the vision of Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, to make Dubai a global destination for future experts.

The event follows Dubai's hosting of its first Metaverse Assembly last week, which also took place at the Museum of the Future.

About 500 expert attended the two-day event, with highlights including a look at the UAE Ministry of Economy's metaverse headquarters, where people can hold meetings and even sign legal documents, an appearance from Dubai Crown Prince Sheikh Hamdan bin Mohammed and a glimpse of Meta's new devices such as a haptic glove which allows users to physically feel things happening in the metaverse.

The Museum of the Future opened in February. Spanning an area of 30,000 square metres, the seven-storey pillarless structure stands 77 metres tall. The stainless steel facade, which extends to more than 17,000 square metres, is illuminated by 14,000 metres of Arabic calligraphy.

SPEC%20SHEET%3A%20APPLE%20M3%20MACBOOK%20AIR%20(13%22)
%3Cp%3E%3Cstrong%3EProcessor%3A%3C%2Fstrong%3E%20Apple%20M3%2C%208-core%20CPU%2C%20up%20to%2010-core%20CPU%2C%2016-core%20Neural%20Engine%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EDisplay%3A%3C%2Fstrong%3E%2013.6-inch%20Liquid%20Retina%2C%202560%20x%201664%2C%20224ppi%2C%20500%20nits%2C%20True%20Tone%2C%20wide%20colour%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMemory%3A%3C%2Fstrong%3E%208%2F16%2F24GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStorage%3A%3C%2Fstrong%3E%20256%2F512GB%20%2F%201%2F2TB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EI%2FO%3A%3C%2Fstrong%3E%20Thunderbolt%203%2FUSB-4%20(2)%2C%203.5mm%20audio%2C%20Touch%20ID%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EConnectivity%3A%3C%2Fstrong%3E%20Wi-Fi%206E%2C%20Bluetooth%205.3%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBattery%3A%3C%2Fstrong%3E%2052.6Wh%20lithium-polymer%2C%20up%20to%2018%20hours%2C%20MagSafe%20charging%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECamera%3A%3C%2Fstrong%3E%201080p%20FaceTime%20HD%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EVideo%3A%3C%2Fstrong%3E%20Support%20for%20Apple%20ProRes%2C%20HDR%20with%20Dolby%20Vision%2C%20HDR10%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EAudio%3A%3C%2Fstrong%3E%204-speaker%20system%2C%20wide%20stereo%2C%20support%20for%20Dolby%20Atmos%2C%20Spatial%20Audio%20and%20dynamic%20head%20tracking%20(with%20AirPods)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EColours%3A%3C%2Fstrong%3E%20Midnight%2C%20silver%2C%20space%20grey%2C%20starlight%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIn%20the%20box%3A%3C%2Fstrong%3E%20MacBook%20Air%2C%2030W%2F35W%20dual-port%2F70w%20power%20adapter%2C%20USB-C-to-MagSafe%20cable%2C%202%20Apple%20stickers%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20From%20Dh4%2C599%3C%2Fp%3E%0A
Have you been targeted?

Tuan Phan of SimplyFI.org lists five signs you have been mis-sold to:

1. Your pension fund has been placed inside an offshore insurance wrapper with a hefty upfront commission.

2. The money has been transferred into a structured note. These products have high upfront, recurring commission and should never be in a pension account.

3. You have also been sold investment funds with an upfront initial charge of around 5 per cent. ETFs, for example, have no upfront charges.

4. The adviser charges a 1 per cent charge for managing your assets. They are being paid for doing nothing. They have already claimed massive amounts in hidden upfront commission.

5. Total annual management cost for your pension account is 2 per cent or more, including platform, underlying fund and advice charges.

Types of bank fraud

1) Phishing

Fraudsters send an unsolicited email that appears to be from a financial institution or online retailer. The hoax email requests that you provide sensitive information, often by clicking on to a link leading to a fake website.

2) Smishing

The SMS equivalent of phishing. Fraudsters falsify the telephone number through “text spoofing,” so that it appears to be a genuine text from the bank.

3) Vishing

The telephone equivalent of phishing and smishing. Fraudsters may pose as bank staff, police or government officials. They may persuade the consumer to transfer money or divulge personal information.

4) SIM swap

Fraudsters duplicate the SIM of your mobile number without your knowledge or authorisation, allowing them to conduct financial transactions with your bank.

5) Identity theft

Someone illegally obtains your confidential information, through various ways, such as theft of your wallet, bank and utility bill statements, computer intrusion and social networks.

6) Prize scams

Fraudsters claiming to be authorised representatives from well-known organisations (such as Etisalat, du, Dubai Shopping Festival, Expo2020, Lulu Hypermarket etc) contact victims to tell them they have won a cash prize and request them to share confidential banking details to transfer the prize money.

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.”

Usain Bolt's time for the 100m at major championships

2008 Beijing Olympics 9.69 seconds

2009 Berlin World Championships 9.58

2011 Daegu World Championships Disqualified

2012 London Olympics 9.63

2013 Moscow World Championships 9.77

2015 Beijing World Championships 9.79

2016 Rio Olympics 9.81

2017 London World Championships 9.95

Results

Ashraf Ghani 50.64 per cent

Abdullah Abdullah 39.52 per cent

Gulbuddin Hekmatyar 3.85 per cent

Rahmatullah Nabil 1.8 per cent

Lexus LX700h specs

Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

On sale: Now

Price: From Dh590,000

Where can I submit a sample?

Volunteers can now submit DNA samples at a number of centres across Abu Dhabi. The programme is open to all ages.

Collection centres in Abu Dhabi include:

  • Abu Dhabi National Exhibition Centre (ADNEC)
  • Biogenix Labs in Masdar City
  • Al Towayya in Al Ain
  • NMC Royal Hospital in Khalifa City
  • Bareen International Hospital
  • NMC Specialty Hospital, Al Ain
  • NMC Royal Medical Centre - Abu Dhabi
  • NMC Royal Women’s Hospital.
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How much sugar is in chocolate Easter eggs?
  • The 169g Crunchie egg has 15.9g of sugar per 25g serving, working out at around 107g of sugar per egg
  • The 190g Maltesers Teasers egg contains 58g of sugar per 100g for the egg and 19.6g of sugar in each of the two Teasers bars that come with it
  • The 188g Smarties egg has 113g of sugar per egg and 22.8g in the tube of Smarties it contains
  • The Milky Bar white chocolate Egg Hunt Pack contains eight eggs at 7.7g of sugar per egg
  • The Cadbury Creme Egg contains 26g of sugar per 40g egg
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Mina Cup winners

Under 12 – Minerva Academy

Under 14 – Unam Pumas

Under 16 – Fursan Hispania

Under 18 – Madenat

U19 WORLD CUP, WEST INDIES

UAE group fixtures (all in St Kitts)

  • Saturday 15 January: UAE beat Canada by 49 runs 
  • Thursday 20 January: v England 
  • Saturday 22 January: v Bangladesh 

UAE squad:

Alishan Sharafu (captain), Shival Bawa, Jash Giyanani, Sailles
Jaishankar, Nilansh Keswani, Aayan Khan, Punya Mehra, Ali Naseer, Ronak Panoly,
Dhruv Parashar, Vinayak Raghavan, Soorya Sathish, Aryansh Sharma, Adithya
Shetty, Kai Smith  

Winners

Ballon d’Or (Men’s)
Ousmane Dembélé (Paris Saint-Germain / France)

Ballon d’Or Féminin (Women’s)
Aitana Bonmatí (Barcelona / Spain)

Kopa Trophy (Best player under 21 – Men’s)
Lamine Yamal (Barcelona / Spain)

Best Young Women’s Player
Vicky López (Barcelona / Spain)

Yashin Trophy (Best Goalkeeper – Men’s)
Gianluigi Donnarumma (Paris Saint-Germain and Manchester City / Italy)

Best Women’s Goalkeeper
Hannah Hampton (England / Aston Villa and Chelsea)

Men’s Coach of the Year
Luis Enrique (Paris Saint-Germain)

Women’s Coach of the Year
Sarina Wiegman (England)

Updated: October 04, 2022, 1:24 PM