• A Chinese giant panda at the Panda Park in Al Khor, north Qatar. AFP
    A Chinese giant panda at the Panda Park in Al Khor, north Qatar. AFP
  • Qatar on Wednesday became the first country in the Middle East to receive Chinese giant pandas – Suhail and Soraya – who, in true Arabian Gulf fashion, took up residence in luxury air-conditioned quarters. AFP
    Qatar on Wednesday became the first country in the Middle East to receive Chinese giant pandas – Suhail and Soraya – who, in true Arabian Gulf fashion, took up residence in luxury air-conditioned quarters. AFP
  • The Chinese government sent the animals as a gift to mark the Fifa World Cup that starts on November 20. AFP
    The Chinese government sent the animals as a gift to mark the Fifa World Cup that starts on November 20. AFP
  • China did not qualify for the event, but is a major importer of natural gas from Qatar. AFP
    China did not qualify for the event, but is a major importer of natural gas from Qatar. AFP
  • One of the pandas in their enclosure at the Panda park in Al Khor. AFP
    One of the pandas in their enclosure at the Panda park in Al Khor. AFP
  • One of the pair exploring the new enclosure. AFP
    One of the pair exploring the new enclosure. AFP
  • A Chinese giant panda in an enclosure at the Panda park in Al Khor. AFP
    A Chinese giant panda in an enclosure at the Panda park in Al Khor. AFP
  • All Chinese giant pandas, no matter where they are born or live, are owned by the Chinese government. AFP
    All Chinese giant pandas, no matter where they are born or live, are owned by the Chinese government. AFP
  • Suhail, a male panda sent by China to Qatar as a gift for the World Cup, in his shelter at the Panda House Garden in Al Khor, near Doha. AP
    Suhail, a male panda sent by China to Qatar as a gift for the World Cup, in his shelter at the Panda House Garden in Al Khor, near Doha. AP
  • A young admirer watches one of the pandas that arrived on a special flight from China. Reuters
    A young admirer watches one of the pandas that arrived on a special flight from China. Reuters
  • Al Khor Park Panda House, Qatar. Reuters
    Al Khor Park Panda House, Qatar. Reuters
  • Unsurprisingly, the new attractions are a popular subject for amateur photographers. Reuters
    Unsurprisingly, the new attractions are a popular subject for amateur photographers. Reuters
  • Children pose for a photograph in front of a giant panda teddy on the day two pandas arrived from China. Reuters
    Children pose for a photograph in front of a giant panda teddy on the day two pandas arrived from China. Reuters
  • The pair of Chinese giant pandas left their home in Sichuan province to fly across the continent to Qatar. Photo: @MofaQatar_EN / Twitter
    The pair of Chinese giant pandas left their home in Sichuan province to fly across the continent to Qatar. Photo: @MofaQatar_EN / Twitter
  • Chinese ambassador to Qatar, Zhou Jian, before the welcoming ceremony. Photo: @MofaQatar_EN / Twitter
    Chinese ambassador to Qatar, Zhou Jian, before the welcoming ceremony. Photo: @MofaQatar_EN / Twitter
  • Si Hai and Jing Jing are taking on more local names on arrival in Qatar. Photo: @MofaQatar_EN / Twitter
    Si Hai and Jing Jing are taking on more local names on arrival in Qatar. Photo: @MofaQatar_EN / Twitter
  • The pair are being delivered from the China Conservation and Research Centre for the Giant Panda. Photo: @MofaQatar_EN / Twitter
    The pair are being delivered from the China Conservation and Research Centre for the Giant Panda. Photo: @MofaQatar_EN / Twitter
  • All involved in the move hope the pandas will acclimatise seamlessly. Photo: @MofaQatar_EN / Twitter
    All involved in the move hope the pandas will acclimatise seamlessly. Photo: @MofaQatar_EN / Twitter

Two giant pandas head to Qatar ahead of World Cup


Taylor Heyman
  • English
  • Arabic

Two giant pandas have embarked on a long journey from China's Sichuan province to Qatar.

Soraya and Suhail, a gift from China to the World Cup host nation, will take the 12.5-hour flight on Tuesday, landing in Doha on Wednesday morning.

The Fifa World Cup Qatar 2022 will run from November 20 to December 18.

At a farewell ceremony for the pandas, Qatar's ambassador to China, Mohammed bin Abdullah Al Duhaimi, said the gift "symbolises the depth of relations between the two countries", Qatar's state news agency reported.

China's ambassador to Qatar, Zhou Jian, posted about the journey as it happened. "See you tomorrow," he wrote, followed by the hashtag #PandainQatar.

"Hope they will bring happiness and love to our friends in Qatar and the region."

It is the first time pandas have been gifted to a Middle East nation. Their new home at Al Khor Zoo and Park has been shortlisted for the World Architecture Festival’s Display Completed Buildings Award.

The panda enclosure at Al Khor was inspired by the Wolong National Nature Reserve in China, home to more than 150 giant pandas, designers Dar say.

"The roof of the enclosure has a mountain-like shape that provides ample natural light through its integrated skylights and that gives the enclosure a natural flow that mimics the native habitat of the pandas," it said in July.

China has given pandas as gifts to other nations for hundreds of years. One of the first recorded pandas sent to another nation was during the seventh century's Tang Dynasty. A pair of bears, thought to be pandas, were sent to Japan by Empress Wu Zeitan.

The practice was revived in 1941, when China sent two pandas to New York's Bronx Zoo.

Pandas used to be given unconditionally as gifts, but in 1984 China began entering into leasing agreements for the furry bears. Recipient nations pay a fixed rate every year for a set period. The lease can then be renewed or the pandas and their offspring will be returned to China.

"Panda diplomacy provides a momentary injection of good­will and often coincides with major diplomatic events and trade deals," the American Enterprise Institute's Linda Zhang wrote last year. "That being said, panda diplomacy is a limited tool, and it cannot sustain positive relations between China and panda host countries in the lon­ger term."

Tentative schedule of 2017/18 Ashes series

1st Test November 23-27, The Gabba, Brisbane

2nd Test December 2-6, Adelaide Oval, Adelaide

3rd Test Dcember 14-18, Waca, Perth

4th Test December 26-30, Melbourne Cricket Ground, Melbourne

5th Test January 4-8, Sydney Cricket Ground, Sydney

Tearful appearance

Chancellor Rachel Reeves set markets on edge as she appeared visibly distraught in parliament on Wednesday. 

Legislative setbacks for the government have blown a new hole in the budgetary calculations at a time when the deficit is stubbornly large and the economy is struggling to grow. 

She appeared with Keir Starmer on Thursday and the pair embraced, but he had failed to give her his backing as she cried a day earlier.

A spokesman said her upset demeanour was due to a personal matter.

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Tips on buying property during a pandemic

Islay Robinson, group chief executive of mortgage broker Enness Global, offers his advice on buying property in today's market.

While many have been quick to call a market collapse, this simply isn’t what we’re seeing on the ground. Many pockets of the global property market, including London and the UAE, continue to be compelling locations to invest in real estate.

While an air of uncertainty remains, the outlook is far better than anyone could have predicted. However, it is still important to consider the wider threat posed by Covid-19 when buying bricks and mortar. 

Anything with outside space, gardens and private entrances is a must and these property features will see your investment keep its value should the pandemic drag on. In contrast, flats and particularly high-rise developments are falling in popularity and investors should avoid them at all costs.

Attractive investment property can be hard to find amid strong demand and heightened buyer activity. When you do find one, be prepared to move hard and fast to secure it. If you have your finances in order, this shouldn’t be an issue.

Lenders continue to lend and rates remain at an all-time low, so utilise this. There is no point in tying up cash when you can keep this liquidity to maximise other opportunities. 

Keep your head and, as always when investing, take the long-term view. External factors such as coronavirus or Brexit will present challenges in the short-term, but the long-term outlook remains strong. 

Finally, keep an eye on your currency. Whenever currency fluctuations favour foreign buyers, you can bet that demand will increase, as they act to secure what is essentially a discounted property.

The Dark Blue Winter Overcoat & Other Stories From the North
Edited and Introduced by Sjón and Ted Hodgkinson
Pushkin Press 

Under 19 World Cup

Group A: India, Japan, New Zealand, Sri Lanka

Group B: Australia, England, Nigeria, West Indies

Group C: Bangladesh, Pakistan, Scotland, Zimbabwe

Group D: Afghanistan, Canada, South Africa, UAE

 

UAE fixtures

Saturday, January 18, v Canada

Wednesday, January 22, v Afghanistan

Saturday, January 25, v South Africa

Racecard:

6.30pm: Mazrat Al Ruwayah (PA) | Group 2 | US$55,000 (Dirt) | 1,600 metres

7.05pm: Meydan Sprint (TB) | Group 2 | $250,000 (Turf) | 1,000m

7.40pm: Firebreak Stakes | Group 3 | $200,000 (D) | 1,600m

8.15pm: Meydan Trophy | Conditions (TB) | $100,000 (T) | 1,900m

8.50pm: Balanchine | Group 2 (TB) | $250,000 (T) | 1,800m

9.25pm: Handicap (TB) | $135,000 (D) | 1,200m

10pm: Handicap (TB) | $175,000 (T) | 2,410m.

Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

THE BIO: Martin Van Almsick

Hometown: Cologne, Germany

Family: Wife Hanan Ahmed and their three children, Marrah (23), Tibijan (19), Amon (13)

Favourite dessert: Umm Ali with dark camel milk chocolate flakes

Favourite hobby: Football

Breakfast routine: a tall glass of camel milk

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match info

Manchester United 3 (Martial 7', 44', 74')

Sheffield United 0

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.”

The specs: Lamborghini Aventador SVJ

Price, base: Dh1,731,672

Engine: 6.5-litre V12

Gearbox: Seven-speed automatic

Power: 770hp @ 8,500rpm

Torque: 720Nm @ 6,750rpm

Fuel economy: 19.6L / 100km

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Greatest Royal Rumble results

John Cena pinned Triple H in a singles match

Cedric Alexander retained the WWE Cruiserweight title against Kalisto

Matt Hardy and Bray Wyatt win the Raw Tag Team titles against Cesaro and Sheamus

Jeff Hardy retained the United States title against Jinder Mahal

Bludgeon Brothers retain the SmackDown Tag Team titles against the Usos

Seth Rollins retains the Intercontinental title against The Miz, Finn Balor and Samoa Joe

AJ Styles remains WWE World Heavyweight champion after he and Shinsuke Nakamura are both counted out

The Undertaker beats Rusev in a casket match

Brock Lesnar retains the WWE Universal title against Roman Reigns in a steel cage match

Braun Strowman won the 50-man Royal Rumble by eliminating Big Cass last

Infiniti QX80 specs

Engine: twin-turbocharged 3.5-liter V6

Power: 450hp

Torque: 700Nm

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How Beautiful this world is!
Updated: October 19, 2022, 10:44 AM