Too many fizzy drinks may leave a bitter taste for men, according to a study suggesting they could accelerate hair loss.
Researchers in China claim to be the first to have found a scientific link between the consumption of large amounts of sugar-sweetened beverages (SSBs) and male-pattern hair loss (MPHL), also known as male-pattern baldness.
They quizzed more than 1,000 men online and found that those who experienced hair loss tended to drink much larger amounts of sugary drinks.
“We found that high SSB consumption is associated with a higher risk of MPHL” the researchers, from Tsinghua University in Beijing, wrote in the journal Nutrients.
“We recommend more support to decrease SSB consumption among young people to minimise negative health outcomes.”
The findings for the study were based on online responses from 1,028 Chinese men aged 18 to 45, of whom 592 had hair loss.
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What else causes baldness?
A host of other factors have been blamed for hair loss. Here are several key ones:
- Fat: Researchers in Japan found that a high-fat diet was associated with hair loss, but the results came from studies on mice, so may not be directly applicable to humans.
- Stress: The Mayo Clinic in the US has highlighted several ways in which stress may lead to hair loss, including that it causes the body’s immune system to attack hair follicles, resulting in a condition called alopecia areata.
- Fish: Eating some types of fish, notably swordfish and other types of predatory fish, may cause baldness because these fish tend to have high mercury levels.
- Hair treatments: Hair can become weak and brittle, causing it to thin, because of shampooing too often, bleaching and dyeing. Reports indicate that hot curlers and other treatments can also cause damage, although typically this is reversible.
- Carbohydrates: Tying in with the new research on sugary drinks, simple carbohydrates including refined sugars may cause inflammation that results in hair loss, studies have suggested. Grains may also play a role.
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Using language that might be seen as insensitive to the “follicly-challenged”, the researchers described the other 436 participants, who were not losing their hair, as belonging to the “normal” group.
Analysing data about drink consumption and whether participants were or were not bald showed “a significant association” between baldness and consuming sugar-sweetened drinks.
Bald people drank an average of almost 4.3 litres of sugar-sweetened drinks each week, compared to just over 2.5 litres among the normal group.
Many beverages were looked at, including soft drinks, energy drinks, juices with added sugar, sweet milk and sweet tea and coffee. All were linked to hair loss, except sweet tea and coffee, which were found to have a protective effect.
Boost for tea and coffee drinkers
The caffeine in these drinks may overcome the negative effects of the sugar and explain why they seem to reduce the likelihood of baldness.
In the UAE the authorities have tried to reduce the consumption of sugary drinks as a way of improving health, with a 50 per cent purchase tax having been introduced in 2019.
As well as identifying this apparent link between hair loss and most sugary drinks, the researchers also offered explanations as to how the beverages may cause younger men to be more likely to lose their hair.
A key mechanism they suggested was that gulping down fizzy drinks increases the concentration of glucose in the blood, which triggers something known as the polyol pathway, in which glucose is converted to other substances.
Several biochemical processes are at play, but the net result is that less energy is available to cells called keratinocytes in the outer root sheath of hairs.
“Lack of energy in outer root sheath keratinocytes is considered a possible cause of MPHL,” the researchers wrote.
The researchers said that there had been only one previous study looking at sugary drinks and hair loss, and this did not find a link, possibly because no distinction was made between different types of beverages.
Research backs up findings
However, well before the latest study, people have been suggesting a connection between baldness and fizzy drinks.
Dr Lipy Gupta, an Indian dermatologist, has written that carbonated drinks may contribute to hair loss because they interact with insulin in the blood and “make it less responsive to sugar”.
“This leads to an increase in the sugar in your bloodstream, which later goes on to hamper your blood circulation and lower the nutrient supply to your hair follicles, causing hair loss,” she wrote, offering an explanation similar to that given by the authors of the new study.
Also, in an online briefing document, the Belgravia Centre, a hair-loss clinic in London, said that the sugar in soft drinks may affect levels of the hormone cortisone, which in turn influences stress, a major contributor to hair loss.
The clinic also rejected suggestions that rinsing hair in a fizzy drink such as Coca-Cola was a good way of making hair look thicker, following reports that some models do this.
Rinsing hair with “such harsh chemicals”, the clinic said, was “definitely inadvisable”, as it may remove essential oils and disrupt the keratin in hair strands, causing them to break.
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.”
Pharaoh's curse
British aristocrat Lord Carnarvon, who funded the expedition to find the Tutankhamun tomb, died in a Cairo hotel four months after the crypt was opened.
He had been in poor health for many years after a car crash, and a mosquito bite made worse by a shaving cut led to blood poisoning and pneumonia.
Reports at the time said Lord Carnarvon suffered from “pain as the inflammation affected the nasal passages and eyes”.
Decades later, scientists contended he had died of aspergillosis after inhaling spores of the fungus aspergillus in the tomb, which can lie dormant for months. The fact several others who entered were also found dead withiin a short time led to the myth of the curse.
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Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
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Penguin
Scoreline
Syria 1-1 Australia
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Australia Kruse 40'
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How to get exposure to gold
Although you can buy gold easily on the Dubai markets, the problem with buying physical bars, coins or jewellery is that you then have storage, security and insurance issues.
A far easier option is to invest in a low-cost exchange traded fund (ETF) that invests in the precious metal instead, for example, ETFS Physical Gold (PHAU) and iShares Physical Gold (SGLN) both track physical gold. The VanEck Vectors Gold Miners ETF invests directly in mining companies.
Alternatively, BlackRock Gold & General seeks to achieve long-term capital growth primarily through an actively managed portfolio of gold mining, commodity and precious-metal related shares. Its largest portfolio holdings include gold miners Newcrest Mining, Barrick Gold Corp, Agnico Eagle Mines and the NewMont Goldcorp.
Brave investors could take on the added risk of buying individual gold mining stocks, many of which have performed wonderfully well lately.
London-listed Centamin is up more than 70 per cent in just three months, although in a sign of its volatility, it is down 5 per cent on two years ago. Trans-Siberian Gold, listed on London's alternative investment market (AIM) for small stocks, has seen its share price almost quadruple from 34p to 124p over the same period, but do not assume this kind of runaway growth can continue for long
However, buying individual equities like these is highly risky, as their share prices can crash just as quickly, which isn't what what you want from a supposedly safe haven.
The 15 players selected
Muzzamil Afridi, Rahman Gul, Rizwan Haider (Dezo Devils); Shahbaz Ahmed, Suneth Sampath (Glory Gladiators); Waqas Gohar, Jamshaid Butt, Shadab Ahamed (Ganga Fighters); Ali Abid, Ayaz Butt, Ghulam Farid, JD Mahesh Kumara (Hiranni Heros); Inam Faried, Mausif Khan, Ashok Kumar (Texas Titans
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