Toulon // On the quayside at Saint-Mandrier-sur-Mer, opposite the French naval port of Toulon, state-of-the-art drones and robots capable of performing the most intricate of tasks on land, in the air and at sea stand gleaming in the Mediterranean sunshine.
Behind them rest two elderly and decommissioned warships.
The frigates’ remaining function is to serve as breakwater for the combat diving school run by DCI, the French defence ministry’s commercial arm for exporting know-how.
The expertise taught by DCI centre instructors travels successfully and 60 per cent of the divers trained there in the past 14 years have been from the Arabian Gulf.
DCI sales in the fields of consulting, training and technical assistance reached €227.5 million (Dh904m) in 2015m, reflecting a 35 per cent increase in five years. It brings employment for almost 1,000 people and there are permanent offices in the UAE, Saudi Arabia, Qatar and Kuwait and Saudi Arabia as well as South East Asia and India.
The juxtaposition of old and new on the Saint-Mandrier quayside presents a striking contrast. The old frigates have done their active service and been replaced by much more modern vessels; the robotic equipment to which they provide a backdrop has a wide range of military and civil applications in a more technological age.
The most eye-catching device on display is a yellow drone from the Toulon-based defence manufacturer ECA’s IT180 range. Valentin Hanns, ECA’s export sales director, says it would cost a buyer up to €300,000 for the basic model, adding: “What you pay above that depends on what kind of payload you want fitted.”
Beyond their value in conflict zones – a camera system with powerful zoom can identify enemy troops at a range of 600 metres – IT180s can be used in survey missions in mining and on pipelines and power lines and are proving an effective tool in firefighting.
At the naval air base of Hyeres, a short drive east of Toulon, Lt Bernard Bastien is happy to talk about the Panther Standard 2 helicopter he flies.
The aircraft is classically used for naval missions, either in conflict or in combating drug trafficking and piracy at sea. Gulf Armed Forces deploy several of the aircraft.
A reliable workhorse with a history stretching back more than 20 years, the Airbus-built helicopter has undergone significant upgrades to give it, in the words of the makers, a second youth. “We do not carry arms but act as the eyes of the frigate in any operation,” says Lt Bastien, 31, who serves with the French navy’s 36 Squadron or Flottille 36F.
“Previously, it could be like flying blind at night, with just radar, so we were able to detect what was there but not identify it. Infrared night visibility has made a huge difference; it’s as if we are flying in daylight.”
The Euronaval exhibition will also showcase developments in systems to counter cyber threats.
As Jean-Michel Orosco, senior vice-president in charge of cyber security for DCNS, puts it, “it comes down to trying to stay a step ahead of the bad guys”.
At the company’s new site in Ollioules, just outside Toulon, Mr Orosco says cyber attacks can be mounted for reasons of espionage or for use as a weapon or in organised crime.
“Just think about any major country in the world being without electricity supply for several weeks, as a result of state, terrorist or criminal cyber attacks,” he says. “It would be a nightmare.”
DCNS, which employs 13,000 people in 10 countries including Saudi Arabia, Malaysia and India, is currently building six Fremm-class frigates for the French navy, all to be delivered by 2019. It prides itself on its “cyber resilient” ships.
But as if to demonstrate the need for constant vigilance – that need to outsmart the assorted enemies mentioned by Mr Orosco – DCNS is currently embarrassed by a huge data breach concerning six Scorpene-class submarines it is due to supply to the Indian navy later this year.
The technical information targeted by hackers was handed to an Australian newspaper, which published extracts from the 22,000 pages reportedly leaked.
The technewsworld.com website says the episode raised questions about an Australian deal to buy 12 submarines from DCNS.
It echoes previous cyber attack on contractors who were in the running for the Australian deal.
No DCNS official was willing to comment beyond confirming that the leak was being investigated – and that the Australian contract was still considered on.
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Visit Abu Dhabi culinary team's top Emirati restaurants in Abu Dhabi
Yadoo’s House Restaurant & Cafe
For the karak and Yoodo's house platter with includes eggs, balaleet, khamir and chebab bread.
Golden Dallah
For the cappuccino, luqaimat and aseeda.
Al Mrzab Restaurant
For the shrimp murabian and Kuwaiti options including Kuwaiti machboos with kebab and spicy sauce.
Al Derwaza
For the fish hubul, regag bread, biryani and special seafood soup.
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
UAE currency: the story behind the money in your pockets
Stage 3 results
1 Adam Yates (GBR) Mitchelton-Scott 4:42:33
2 Tadej Pocagar (SLO) UAE Team Emirates 0:01:03
3 Alexey Lutsenko (KAZ) Astana 0:01:30
4 David Gaudu (FRA) Groupama-FDJ
5 Rafal Majka (POL) Bora-Hansgrohe
6 Diego Ulissi (ITA) UAE Team Emirates 0:01:56
General Classification after Stage 3:
1 Adam Yates (GBR) Mitchelton-Scott 12:30:02
2 Tadej Pocagar (SLO) UAE Team Emirates 0:01:07
3 Alexey Lutsenko (KAZ) Astana 0:01:35
4 David Gaudu (FRA) Groupama-FDJ 0:01:40
5 Rafal Majka (POL) Bora-Hansgrohe
6 Wilco Kelderman (NED) Team Sunweb) 0:02:06
ASHES FIXTURES
1st Test: Brisbane, Nov 23-27
2nd Test: Adelaide, Dec 2-6
3rd Test: Perth, Dec 14-18
4th Test: Melbourne, Dec 26-30
5th Test: Sydney, Jan 4-8
The Energy Research Centre
Founded 50 years ago as a nuclear research institute, scientists at the centre believed nuclear would be the “solution for everything”.
Although they still do, they discovered in 1955 that the Netherlands had a lot of natural gas. “We still had the idea that, by 2000, it would all be nuclear,” said Harm Jeeninga, director of business and programme development at the centre.
"In the 1990s, we found out about global warming so we focused on energy savings and tackling the greenhouse gas effect.”
The energy centre’s research focuses on biomass, energy efficiency, the environment, wind and solar, as well as energy engineering and socio-economic research.
Tuesday's fixtures
Kyrgyzstan v Qatar, 5.45pm
Ms Yang's top tips for parents new to the UAE
- Join parent networks
- Look beyond school fees
- Keep an open mind
The Outsider
Stephen King, Penguin
Banned items
Dubai Police has also issued a list of banned items at the ground on Sunday. These include:
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Political flags or banners
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Bikes, skateboards or scooters
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Suggested picnic spots
Abu Dhabi
Umm Al Emarat Park
Yas Gateway Park
Delma Park
Al Bateen beach
Saadiyaat beach
The Corniche
Zayed Sports City
Dubai
Kite Beach
Zabeel Park
Al Nahda Pond Park
Mushrif Park
Safa Park
Al Mamzar Beach Park
Al Qudrah Lakes
Who was Alfred Nobel?
The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.
- In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
- Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
- Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
War 2
Director: Ayan Mukerji
Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana
Rating: 2/5
Tamkeen's offering
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- Option 2: 50% across three years
- Option 3: 30% across five years
Director: Laxman Utekar
Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna
Rating: 1/5
Jetour T1 specs
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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 hepatitis?
Hepatitis is an inflammation of the liver, which can lead to fibrosis (scarring), cirrhosis or liver cancer.
There are 5 main hepatitis viruses, referred to as types A, B, C, D and E.
Hepatitis C is mostly transmitted through exposure to infective blood. This can occur through blood transfusions, contaminated injections during medical procedures, and through injecting drugs. Sexual transmission is also possible, but is much less common.
People infected with hepatitis C experience few or no symptoms, meaning they can live with the virus for years without being diagnosed. This delay in treatment can increase the risk of significant liver damage.
There are an estimated 170 million carriers of Hepatitis C around the world.
The virus causes approximately 399,000 fatalities each year worldwide, according to WHO.
MATCH INFO
Syria v Australia
2018 World Cup qualifying: Asia fourth round play-off first leg
Venue: Hang Jebat Stadium (Malacca, Malayisa)
Kick-off: Thursday, 4.30pm (UAE)
Watch: beIN Sports HD
* Second leg in Australia scheduled for October 10
The biog
Prefers vegetables and fish to meat and would choose salad over pizza
Walks daily as part of regular exercise routine
France is her favourite country to visit
Has written books and manuals on women’s education, first aid and health for the family
Family: Husband, three sons and a daughter
Fathiya Nadhari's instructions to her children was to give back to the country
The children worked as young volunteers in social, education and health campaigns
Her motto is to never stop working for the country
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