Mohammed Mubarak al Mazrouei.
Mohammed Mubarak al Mazrouei.
Mohammed Mubarak al Mazrouei.
Mohammed Mubarak al Mazrouei.

New chairman for ADMC as company reshuffles board


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The Abu Dhabi Media Company (ADMC) has appointed Mohammed Mubarak al Mazrouei as its chairman in a board reshuffle initiated by a member of the Royal Family. Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the UAE Armed Forces and Chairman of the Abu Dhabi Executive Council, also named two new board members, Saeed Mubarak al Hajeri and Noura Hilal al Kaabi.

They join the existing board members Ahmed Ali al Sayegh, Mohamed Omar Abdullah, Mubarak Hamad al Muhairi and Abdulla Ali al Ahbabi. Mr al Mazrouei is also the Under Secretary of the Abu Dhabi Crown Prince's Diwan. He served as a member of the Abu Dhabi Government Restructuring Committee. Mr al Hajeri is the executive director of the Abu Dhabi Investment Authority's emerging markets department, among other high-profile roles.

Ms al Kaabi is the head of the Tawasol division at Abu Dhabi's media production zone twofour54, according to the company's website. She holds a bachelor's degree in management information systems. The former chairman of ADMC, Mohammed Khalaf al Mazrouei, has been appointed as an adviser for culture and heritage affairs at the Court of the Crown Prince, according to the UAE's state-run news service WAM.

ADMC was created in 2007 as a public joint stock company from the assets of Emirates Media Incorporated. It owns and operates a range of TV channels, including National Geographic Abu Dhabi, five radio stations and publications including Al Ittihad newspaper, Zahrat Al Khaleej magazine and Majid magazine. It also owns and publishes The National. The company holds a number of other media-related businesses, including Imagenation Abu Dhabi, which develops, finances and produces full-length feature films and digital content; LIVE, which owns a fleet of outdoor HD broadcast vans; and the United Printing Press.

ADMC's Digital Group operates several digital assets including Getmo Arabia, goalarabia.com, and super.ae. Last year it formed two significant partnerships: VEVO, the online music video platform with Universal Music Group and Sony Music; and a joint-venture with video game company Gazillion Entertainment. @Email:bflanagan@thenational.ae

TERMINAL HIGH ALTITUDE AREA DEFENCE (THAAD)

What is THAAD?

It is considered to be the US's most superior missile defence system.

Production:

It was created in 2008.

Speed:

THAAD missiles can travel at over Mach 8, so fast that it is hypersonic.

Abilities:

THAAD is designed to take out  ballistic missiles as they are on their downward trajectory towards their target, otherwise known as the "terminal phase".

Purpose:

To protect high-value strategic sites, such as airfields or population centres.

Range:

THAAD can target projectiles inside and outside the Earth's atmosphere, at an altitude of 150 kilometres above the Earth's surface.

Creators:

Lockheed Martin was originally granted the contract to develop the system in 1992. Defence company Raytheon sub-contracts to develop other major parts of the system, such as ground-based radar.

UAE and THAAD:

In 2011, the UAE became the first country outside of the US to buy two THAAD missile defence systems. It then stationed them in 2016, becoming the first Gulf country to do so.

White hydrogen: Naturally occurring hydrogenChromite: Hard, metallic mineral containing iron oxide and chromium oxideUltramafic rocks: Dark-coloured rocks rich in magnesium or iron with very low silica contentOphiolite: A section of the earth’s crust, which is oceanic in nature that has since been uplifted and exposed on landOlivine: A commonly occurring magnesium iron silicate mineral that derives its name for its olive-green yellow-green colour

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.

Company profile

Name: Thndr

Started: October 2020

Founders: Ahmad Hammouda and Seif Amr

Based: Cairo, Egypt

Sector: FinTech

Initial investment: pre-seed of $800,000

Funding stage: series A; $20 million

Investors: Tiger Global, Beco Capital, Prosus Ventures, Y Combinator, Global Ventures, Abdul Latif Jameel, Endure Capital, 4DX Ventures, Plus VC,  Rabacap and MSA Capital

The specs: 2018 Ducati SuperSport S

Price, base / as tested: Dh74,900 / Dh85,900

Engine: 937cc

Transmission: Six-speed gearbox

Power: 110hp @ 9,000rpm

Torque: 93Nm @ 6,500rpm

Fuel economy, combined: 5.9L / 100km

MATCH INFO

Uefa Champions League final:

Who: Real Madrid v Liverpool
Where: NSC Olimpiyskiy Stadium, Kiev, Ukraine
When: Saturday, May 26, 10.45pm (UAE)
TV: Match on BeIN Sports

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.
Springsteen: Deliver Me from Nowhere

Director: Scott Cooper

Starring: Jeremy Allen White, Odessa Young, Jeremy Strong

Rating: 4/5

GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

Expo details

Expo 2020 Dubai will be the first World Expo to be held in the Middle East, Africa and South Asia

The world fair will run for six months from October 20, 2020 to April 10, 2021.

It is expected to attract 25 million visits

Some 70 per cent visitors are projected to come from outside the UAE, the largest proportion of international visitors in the 167-year history of World Expos.

More than 30,000 volunteers are required for Expo 2020

The site covers a total of 4.38 sqkm, including a 2 sqkm gated area

It is located adjacent to Al Maktoum International Airport in Dubai South

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The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
  • Torque: 760nm
  • On sale: 2026
  • Price: Not announced yet
The Vile

Starring: Bdoor Mohammad, Jasem Alkharraz, Iman Tarik, Sarah Taibah

Director: Majid Al Ansari

Rating: 4/5