The last high-end Apple Pencil was released nearly six years ago. EPA
The last high-end Apple Pencil was released nearly six years ago. EPA
The last high-end Apple Pencil was released nearly six years ago. EPA
The last high-end Apple Pencil was released nearly six years ago. EPA

New iPads? Pencilling in what to expect at Apple's Let Loose event


Alvin R Cabral
  • English
  • Arabic

Apple is holding a special event today, when it is expected to introduce a new iPad line-up – and this time the company is not so subtly teasing it.

The iPhone-maker has been famous for sending out event logos with cryptic messaging, leaving people to speculate on what is bound to be revealed.

That isn't the case for the Let Loose event, whose logo clearly references the Apple Pencil, the Robin to the iPad's Batman.

The logo for Apple's Let Loose event on May 7, which clearly depicts the Apple Pencil
The logo for Apple's Let Loose event on May 7, which clearly depicts the Apple Pencil

Here's what we can expect at what is anticipated to be an iPad-centric event, and in the lead-up to June's Worldwide Developers Conference.

How can you watch Let Loose?

Let Loose will be held today, May 7, at 7am Pacific time, which is 6pm in the UAE. It will not be an in-person event – it is a recorded presentation, a method Apple has now used on a regular basis, particularly after the pandemic.

There are a number of options for which you can watch the presentation, including on Apple's website, the Apple TV app, or on YouTube Live.

The lengths of Apple's events have always varied, but, given this isn't a launch with the scope of an iPhone debut, we can safely assume that it would run for about an hour (maybe just more than half an hour), and definitely not exceeding two (last year's Worldwide Developers Conference presentation went past two hours).

Select members of the media have been invited to London and New York for a first look at the devices.

What will Apple unveil?

It's an all but foregone conclusion that Apple will be unveiling iPads, and two of its four models will be in the spotlight – the iPad Air and the iPad Pro.

But, to provide important context ahead of anything else, one thing to note is that Apple is expected to use its latest M4 silicon chip on the new tablets.

That would also mark a quick transition from the M3, which was released only in October, or just more than six months. The time between the M3 and the M2 was 16 months, and it took even more than that for the M2 to be introduced after the M1.

The iPad Air is currently in its fifth generation, introduced more than two years ago. It uses the original M1, which itself is nearly four years old.

Two models are expected – the standard 10.9-inch and, for the first time, a larger 12.9-inch version to match the iPad Pro. Both are likely to use the M2 chip.

The would-be seventh-generation iPad Pro, meanwhile, will retain its 11-inch and 12.9-inch options, but with one key difference – OLED screens.

This will be the first time iPads will use organic light-emitting diodes, which have been used in iPhones since 2017's iPhone X. OLED allows better image quality and, crucially, slimmer designs, so thinner iPad Pros could be on the horizon.

The potential drawback of this, however, is that OLED panels are more expensive, so we might see some price increases.

However, given the pattern Apple has used over the years on product pricing, it may also be a welcome surprise if the company either marginally increases the prices or they stay put altogether.

There is no word if we will also be getting an 11th-generation iPad or a seventh-generation iPad Mini.

Pencil (and key?) this in

As depicted in the Let Loose logo, the Apple Pencil would seem to get the most attention.

It is expected that Apple will introduce haptic feedback on its iPad-specific stylus, which means users will feel vibrations for certain Pencil actions. There is speculation that a squeeze feature will be added to perform certain tasks.

And if there's any Apple product that needs a refresh, it's the Pencil. The original was introduced in 2015 and it took more than three years to release a second-generation Pencil. From that point, it would be nearly six years before a new, top-end Pencil is released. Of course, that's not counting the entry-level, USB-C Pencil that was launched in October.

As for other accessories, a Magic Keyboard, which would also double as a protective case, is also expected, according to Bloomberg. It would use aluminium and be more durable to address user complaints that it wears off after just several months of use.

Anything on generative AI?

This could be the reason why the M3 was short-lived: the M4 chip is expected to come with Apple's enhanced artificial intelligence features.

It is, however, unclear how much of a splash Apple will make on generative AI. We'll have to wait one more month – at the WWDC – for Apple's much-hyped announcement when it comes to the technology.

Chief executive Tim Cook did announce plans for the emerging technology in February during an annual shareholder meeting, but without giving any specific timetable.

The WWDC, which runs from June 10 to 14, would be the ideal opportunity for Apple to throw its hat into the generative AI race.

Mr Cook had made no secret about Apple's present strategy, acknowledging that the tech company was “currently investing significantly in this area”.

“We believe that will unlock transformative opportunities for users when it comes to productivity, problem-solving and more,” he said at the time.

However, the biggest hint that AI will be front and centre at the event came from Greg Joswiak, Apple’s senior vice president for worldwide marketing, whose March 26 post on X said the event was “going to be Absolutely Incredible” – with emphasis placed on the upper case “A” and “I”.

The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
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. 

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

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
Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

What sanctions would be reimposed?

Under ‘snapback’, measures imposed on Iran by the UN Security Council in six resolutions would be restored, including:

  • An arms embargo
  • A ban on uranium enrichment and reprocessing
  • A ban on launches and other activities with ballistic missiles capable of delivering nuclear weapons, as well as ballistic missile technology transfer and technical assistance
  • A targeted global asset freeze and travel ban on Iranian individuals and entities
  • Authorisation for countries to inspect Iran Air Cargo and Islamic Republic of Iran Shipping Lines cargoes for banned goods
Company Profile

Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million

APPLE IPAD MINI (A17 PRO)

Display: 21cm Liquid Retina Display, 2266 x 1488, 326ppi, 500 nits

Chip: Apple A17 Pro, 6-core CPU, 5-core GPU, 16-core Neural Engine

Storage: 128/256/512GB

Main camera: 12MP wide, f/1.8, digital zoom up to 5x, Smart HDR 4

Front camera: 12MP ultra-wide, f/2.4, Smart HDR 4, full-HD @ 25/30/60fps

Biometrics: Touch ID, Face ID

Colours: Blue, purple, space grey, starlight

In the box: iPad mini, USB-C cable, 20W USB-C power adapter

Price: From Dh2,099

The specs

  Engine: 2-litre or 3-litre 4Motion all-wheel-drive Power: 250Nm (2-litre); 340 (3-litre) Torque: 450Nm Transmission: 8-speed automatic Starting price: From Dh212,000 On sale: Now

The specS: 2018 Toyota Camry

Price: base / as tested: Dh91,000 / Dh114,000

Engine: 3.5-litre V6

Gearbox: Eight-speed automatic

Power: 298hp @ 6,600rpm

Torque: 356Nm @ 4,700rpm

Fuel economy, combined: 7.0L / 100km

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SPECS
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Ferrari 12Cilindri specs

Engine: naturally aspirated 6.5-liter V12

Power: 819hp

Torque: 678Nm at 7,250rpm

Price: From Dh1,700,000

Available: Now

BORDERLANDS

Starring: Cate Blanchett, Kevin Hart, Jamie Lee Curtis

Director: Eli Roth

Rating: 0/5

Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

Game Changer

Director: Shankar 

Stars: Ram Charan, Kiara Advani, Anjali, S J Suryah, Jayaram

Rating: 2/5

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Reputation

Taylor Swift

(Big Machine Records)

COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
UAE jiu-jitsu squad

Men: Hamad Nawad and Khalid Al Balushi (56kg), Omar Al Fadhli and Saeed Al Mazroui (62kg), Taleb Al Kirbi and Humaid Al Kaabi (69kg), Mohammed Al Qubaisi and Saud Al Hammadi (70kg), Khalfan Belhol and Mohammad Haitham Radhi (85kg), Faisal Al Ketbi and Zayed Al Kaabi (94kg)

Women: Wadima Al Yafei and Mahra Al Hanaei (49kg), Bashayer Al Matrooshi and Hessa Al Shamsi (62kg)

Company%C2%A0profile
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Email sent to Uber team from chief executive Dara Khosrowshahi

From: Dara

To: Team@

Date: March 25, 2019 at 11:45pm PT

Subj: Accelerating in the Middle East

Five years ago, Uber launched in the Middle East. It was the start of an incredible journey, with millions of riders and drivers finding new ways to move and work in a dynamic region that’s become so important to Uber. Now Pakistan is one of our fastest-growing markets in the world, women are driving with Uber across Saudi Arabia, and we chose Cairo to launch our first Uber Bus product late last year.

Today we are taking the next step in this journey—well, it’s more like a leap, and a big one: in a few minutes, we’ll announce that we’ve agreed to acquire Careem. Importantly, we intend to operate Careem independently, under the leadership of co-founder and current CEO Mudassir Sheikha. I’ve gotten to know both co-founders, Mudassir and Magnus Olsson, and what they have built is truly extraordinary. They are first-class entrepreneurs who share our platform vision and, like us, have launched a wide range of products—from digital payments to food delivery—to serve consumers.

I expect many of you will ask how we arrived at this structure, meaning allowing Careem to maintain an independent brand and operate separately. After careful consideration, we decided that this framework has the advantage of letting us build new products and try new ideas across not one, but two, strong brands, with strong operators within each. Over time, by integrating parts of our networks, we can operate more efficiently, achieve even lower wait times, expand new products like high-capacity vehicles and payments, and quicken the already remarkable pace of innovation in the region.

This acquisition is subject to regulatory approval in various countries, which we don’t expect before Q1 2020. Until then, nothing changes. And since both companies will continue to largely operate separately after the acquisition, very little will change in either teams’ day-to-day operations post-close. Today’s news is a testament to the incredible business our team has worked so hard to build.

It’s a great day for the Middle East, for the region’s thriving tech sector, for Careem, and for Uber.

Uber on,

Dara

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.”

Company%20profile
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Updated: May 07, 2024, 8:35 AM