• Buzz Aldrin walks on the surface of the moon during the Apollo 11 mission on July 20, 1969. AP
    Buzz Aldrin walks on the surface of the moon during the Apollo 11 mission on July 20, 1969. AP
  • US astronauts Neil Armstrong and "Buzz" Aldrin deploy the US flag on the lunar surface. AP
    US astronauts Neil Armstrong and "Buzz" Aldrin deploy the US flag on the lunar surface. AP
  • A US flag planted at Tranquility Base on the surface of the moon, and a silhouette of a thruster at right, seen from a window in the Lunar Module. AP
    A US flag planted at Tranquility Base on the surface of the moon, and a silhouette of a thruster at right, seen from a window in the Lunar Module. AP
  • 'Buzz' Aldrin is shown beside the foot of the Lunar Module during the Apollo 11 mission. Getty Images
    'Buzz' Aldrin is shown beside the foot of the Lunar Module during the Apollo 11 mission. Getty Images
  • 'Buzz' Aldrin on the surface of the Moon on July 20, 1969. EPA
    'Buzz' Aldrin on the surface of the Moon on July 20, 1969. EPA

Apollo 11: World set for another race to the Moon 55 years on


Sarwat Nasir
  • English
  • Arabic

As the world on Saturday marks the 55th anniversary of the historic Apollo 11 Moon landing, hopes are high that another giant leap in lunar exploration is fast approaching.

A new global race to return the Moon is gathering pace but now space agencies want to do more than merely visit.

Unlike the Apollo programme, which was discontinued due to high costs, future missions are expected to benefit from advancements in technology, international partnerships and private sector involvement making them economically viable.

It is hoped these efforts could lead to permanent lunar bases and infrastructure that will support sustainable exploration and scientific research.

Gateway to the future

Salem Al Marri, director general of the Mohammed Bin Rashid Space Centre, told The National he hopes to see astronauts “thriving on the surface of the Moon” in the next few decades.

“We've got to look at the last 25 years of what human spaceflight has been and that's really been sustainable presence on the International Space Station,” he said.

“If we take that model, apply it to the Moon and fast forward 20 years in advance – that's what I think we would be seeing at some point – maybe even in the shorter term with the Gateway being built.”

The Apollo programme, which ran from 1961 to 1972, successfully landed 12 astronauts on the Moon for short-duration missions, but no human has been back since.

Nasa now hopes to extend Apollo's legacy by building a permanent human base through its Artemis programme and the Gateway, a Moon-orbiting station.

The agency is using the help of international partners, such as the UAE, and private companies like SpaceX and Blue Origin, to make these missions a reality.

The UAE is supplying a crucial part of the Gateway and will get to send one of its astronauts to the Moon in exchange.

"Fifty-five years since Apollo 11 landed, that was a pivotal moment in human history," said Mr Al Marri.

"We as humans haven't been back there [since] – I think that also poses a strong question of do we need to get back there?

"And that's really why there's now a renewed push globally to get back to the Moon, whether it's with the government programmes, like Artemis, that the UAE is part of as well, or through private missions."

Nasa beat the Soviets in the space race by landing the first man on the Moon in 1969, a monumental achievement that showcased US technological prowess.

Funding for lunar missions was more accessible due to the intense Cold War rivalry with the Soviets, which fuelled a sense of urgency and national pride in beating them to the Moon.

Space rivalries renewed

This geopolitical competition ensured substantial financial and political support for Nasa.

Today, the agency faces a new rival in China, which has rapidly advanced its space programme with successful missions using the Chang'e lunar landers and the Tianwen Mars rover.

China’s ambitious plans include establishing a lunar research station by the 2030s, positioning itself as a formidable competitor in the quest for lunar dominance.

As Nasa competes with China to land humans on the Moon again, it is grappling with budget constraints for the Artemis programme, as the US Congress has been hesitant to approve the necessary financing.

It does not help Nasa’s case that the Space Launch System (SLS) rocket, which is central to the Artemis missions, has faced criticism for its high development costs.

Dimitra Atri, an astrophysicist at New York University Abu Dhabi, said the involvement of private companies could help make Artemis a reality.

"One difference is that a number of private companies are involved this time round and they might attract funding from private investors and other governments from around the globe," he said.

"For example, SpaceX launches spacecraft from private companies and other governments, which is a significant source of funding for them.

"The sustainability of Artemis also depends on how sustainable the Chinese lunar programme is because both programmes are extremely expensive and are of high strategic importance to both countries.”

But some missions that could have paved the way for the Artemis programme have already been cancelled by Nasa because of high costs.

On Wednesday, the agency announced it was cancelling its $450 million Viper (Volatiles Investigating Polar Exploration Rover) project due to budget concerns.

The rover would have spent 100 days scouting for lunar ice deposits near the Moon's south pole, which is where future Artemis missions are expected to touch down.

UK’s AI plan
  • AI ambassadors such as MIT economist Simon Johnson, Monzo cofounder Tom Blomfield and Google DeepMind’s Raia Hadsell
  • £10bn AI growth zone in South Wales to create 5,000 jobs
  • £100m of government support for startups building AI hardware products
  • £250m to train new AI models
EA Sports FC 26

Publisher: EA Sports

Consoles: PC, PlayStation 4/5, Xbox Series X/S

Rating: 3/5

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

Company%20profile
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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.”

Know before you go
  • Jebel Akhdar is a two-hour drive from Muscat airport or a six-hour drive from Dubai. It’s impossible to visit by car unless you have a 4x4. Phone ahead to the hotel to arrange a transfer.
  • If you’re driving, make sure your insurance covers Oman.
  • By air: Budget airlines Air Arabia, Flydubai and SalamAir offer direct routes to Muscat from the UAE.
  • Tourists from the Emirates (UAE nationals not included) must apply for an Omani visa online before arrival at evisa.rop.gov.om. The process typically takes several days.
  • Flash floods are probable due to the terrain and a lack of drainage. Always check the weather before venturing into any canyons or other remote areas and identify a plan of escape that includes high ground, shelter and parking where your car won’t be overtaken by sudden downpours.

 

In numbers: China in Dubai

The number of Chinese people living in Dubai: An estimated 200,000

Number of Chinese people in International City: Almost 50,000

Daily visitors to Dragon Mart in 2018/19: 120,000

Daily visitors to Dragon Mart in 2010: 20,000

Percentage increase in visitors in eight years: 500 per cent

Essentials
The flights: You can fly from the UAE to Iceland with one stop in Europe with a variety of airlines. Return flights with Emirates from Dubai to Stockholm, then Icelandair to Reykjavik, cost from Dh4,153 return. The whole trip takes 11 hours. British Airways flies from Abu Dhabi and Dubai to Reykjavik, via London, with return flights taking 12 hours and costing from Dh2,490 return, including taxes. 
The activities: A half-day Silfra snorkelling trip costs 14,990 Icelandic kronur (Dh544) with Dive.is. Inside the Volcano also takes half a day and costs 42,000 kronur (Dh1,524). The Jokulsarlon small-boat cruise lasts about an hour and costs 9,800 kronur (Dh356). Into the Glacier costs 19,500 kronur (Dh708). It lasts three to four hours.
The tours: It’s often better to book a tailor-made trip through a specialist operator. UK-based Discover the World offers seven nights, self-driving, across the island from £892 (Dh4,505) per person. This includes three nights’ accommodation at Hotel Husafell near Into the Glacier, two nights at Hotel Ranga and two nights at the Icelandair Hotel Klaustur. It includes car rental, plus an iPad with itinerary and tourist information pre-loaded onto it, while activities can be booked as optional extras. More information inspiredbyiceland.com

UAE currency: the story behind the money in your pockets
THE CLOWN OF GAZA

Director: Abdulrahman Sabbah 

Starring: Alaa Meqdad

Rating: 4/5

Sweet%20Tooth
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F1 2020 calendar

March 15 - Australia, Melbourne; March 22 - Bahrain, Sakhir; April 5 - Vietnam, Hanoi; April 19 - China, Shanghai; May 3 - Netherlands, Zandvoort; May 20 - Spain, Barcelona; May 24 - Monaco, Monaco; June 7 - Azerbaijan, Baku; June 14 - Canada, Montreal; June 28 - France, Le Castellet; July 5 - Austria, Spielberg; July 19 - Great Britain, Silverstone; August 2 - Hungary, Budapest; August 30 - Belgium, Spa; September 6 - Italy, Monza; September 20 - Singapore, Singapore; September 27 - Russia, Sochi; October 11 - Japan, Suzuka; October 25 - United States, Austin; November 1 - Mexico City, Mexico City; November 15 - Brazil, Sao Paulo; November 29 - Abu Dhabi, Abu Dhabi.

Updated: July 20, 2024, 3:00 AM