• Queen Consort Camilla wearing a black shift dress and pearl choker, arrives at a party in London in June 1996. Photo: UK Press
    Queen Consort Camilla wearing a black shift dress and pearl choker, arrives at a party in London in June 1996. Photo: UK Press
  • The queen consort in a green floral gown, arrives at the Vogue & Jaguar It's Fashion charity gala on June 11, 2001 in Buckinghamshire, England. Getty Images
    The queen consort in a green floral gown, arrives at the Vogue & Jaguar It's Fashion charity gala on June 11, 2001 in Buckinghamshire, England. Getty Images
  • The queen consort in a pink floral dress and coat, arrives at the Sandringham Flower Show in Norfolk on July 31, 2002. Getty Images
    The queen consort in a pink floral dress and coat, arrives at the Sandringham Flower Show in Norfolk on July 31, 2002. Getty Images
  • The queen consort, in a gold dress with a co-ordinated coat, arrives at the Globe Theatre for The Prince's Trust Shakespeare Gala Performance Evening in London on September 1, 2003. Getty Images
    The queen consort, in a gold dress with a co-ordinated coat, arrives at the Globe Theatre for The Prince's Trust Shakespeare Gala Performance Evening in London on September 1, 2003. Getty Images
  • The queen consort, in a black dress and velvet coat, at the UK film premiere of Merchant Of Venice in London on November 29, 2004. Getty Images
    The queen consort, in a black dress and velvet coat, at the UK film premiere of Merchant Of Venice in London on November 29, 2004. Getty Images
  • The queen consort after marrying Prince Charles, wears an Anna Valentine set for her civil ceremony at The Guildhall, Windsor on April 9, 2005. Getty Images
    The queen consort after marrying Prince Charles, wears an Anna Valentine set for her civil ceremony at The Guildhall, Windsor on April 9, 2005. Getty Images
  • The queen consort, in Anna Valentine, and Prince Charles leave the Service of Prayer and Dedication after their marriage at Windsor Castle on April 9, 2005. Getty Images
    The queen consort, in Anna Valentine, and Prince Charles leave the Service of Prayer and Dedication after their marriage at Windsor Castle on April 9, 2005. Getty Images
  • The queen consort, wearing a light-blue set, visits a mosque in Cairo on the second day of a 12-day royal tour visiting Egypt, Saudia Arabia and India in 2006. Getty Images
    The queen consort, wearing a light-blue set, visits a mosque in Cairo on the second day of a 12-day royal tour visiting Egypt, Saudia Arabia and India in 2006. Getty Images
  • The queen consort, wearing a blue printed dress, and King Charles after a Falklands War flypast on June 17, 2007 in London. Getty Images
    The queen consort, wearing a blue printed dress, and King Charles after a Falklands War flypast on June 17, 2007 in London. Getty Images
  • The queen consort dances with Craig Revel Horwood during a visit to St Clement Danes School in London on October 20, 2009. Getty Images
    The queen consort dances with Craig Revel Horwood during a visit to St Clement Danes School in London on October 20, 2009. Getty Images
  • The queen consort, in a teal gown, arrives at the Royal World Premiere of Alice In Wonderland on February 25, 2010, in London. Getty Images
    The queen consort, in a teal gown, arrives at the Royal World Premiere of Alice In Wonderland on February 25, 2010, in London. Getty Images
  • The queen consort, in a cream silk chiffon dress with a matching coat and a wide-brimmed straw hat by Philip Treacy, with King Charles at the wedding of Prince William and wife Katherine at Westminster Abbey on April 29, 2011. Getty Images
    The queen consort, in a cream silk chiffon dress with a matching coat and a wide-brimmed straw hat by Philip Treacy, with King Charles at the wedding of Prince William and wife Katherine at Westminster Abbey on April 29, 2011. Getty Images
  • The queen consort attends the London 2012 Olympics Equestrian Eventing at Greenwich Park wearing a blue animal print dress on July 6, 2011. Getty Images
    The queen consort attends the London 2012 Olympics Equestrian Eventing at Greenwich Park wearing a blue animal print dress on July 6, 2011. Getty Images
  • The queen consort, in a brown dress, cardigan and scarf, during a visit to Borough Market in London on February 13, 2013. Getty Images
    The queen consort, in a brown dress, cardigan and scarf, during a visit to Borough Market in London on February 13, 2013. Getty Images
  • The queen consort, in a silvery blue sequinned top and trousers, with Queen Rania of Jordan arrive for a private dinner in Amman, Jordan on March 11, 2013. Getty Images
    The queen consort, in a silvery blue sequinned top and trousers, with Queen Rania of Jordan arrive for a private dinner in Amman, Jordan on March 11, 2013. Getty Images
  • The queen consort and King Charles are met at Jeddah Airport by the Governor of Makkah Prince Khalid al Faisal on March 16, 2013. Getty Images
    The queen consort and King Charles are met at Jeddah Airport by the Governor of Makkah Prince Khalid al Faisal on March 16, 2013. Getty Images
  • The queen consort, dressed in a black and red lace gown, attends a Gala Concert and Reception to mark the 125th Anniversary of ICAN at St James's Palace on January 21, 2014 in London. Getty Images
    The queen consort, dressed in a black and red lace gown, attends a Gala Concert and Reception to mark the 125th Anniversary of ICAN at St James's Palace on January 21, 2014 in London. Getty Images
  • The queen consort wearing a tweed coat and black boots for an official visit to the new Wine Research Centre at Plumpton College on March 26, 2014. Getty Images
    The queen consort wearing a tweed coat and black boots for an official visit to the new Wine Research Centre at Plumpton College on March 26, 2014. Getty Images
  • The queen consort, in a navy dress and coat, walks with Sabina Coyne during a ceremonial welcome at Windsor Castle on April 8, 2014. Getty Images
    The queen consort, in a navy dress and coat, walks with Sabina Coyne during a ceremonial welcome at Windsor Castle on April 8, 2014. Getty Images
  • The queen consort, in a purple tartan jacket and skirt, attends an official visit to The London Book Fair at Earls Court on April 9, 2014. Getty Images
    The queen consort, in a purple tartan jacket and skirt, attends an official visit to The London Book Fair at Earls Court on April 9, 2014. Getty Images
  • The queen consort in a tweed coat and fur hat at the Cheltenham racecourse on March 11, 2015. Getty Images
    The queen consort in a tweed coat and fur hat at the Cheltenham racecourse on March 11, 2015. Getty Images
  • The queen consort wearing a black and navy lace gown for a reception for supporters of The British Asian Trust at Natural History Museum on February 2, 2016 in London. Getty Images
    The queen consort wearing a black and navy lace gown for a reception for supporters of The British Asian Trust at Natural History Museum on February 2, 2016 in London. Getty Images
  • The queen consort, in a white and gold coat, in Al Ain on the second day of a Royal tour of the UAE on November 7, 2016. Getty Images
    The queen consort, in a white and gold coat, in Al Ain on the second day of a Royal tour of the UAE on November 7, 2016. Getty Images
  • The queen consort, in a light yellow salwar kameez with a parasol, tours the Humanitarian City in Dubai on November 8, 2016. Getty Images
    The queen consort, in a light yellow salwar kameez with a parasol, tours the Humanitarian City in Dubai on November 8, 2016. Getty Images
  • The queen consort, in a navy polka dot dress and coat, with King Charles attends a service for the VC and GC Association at St Martin-in-the-Fields in London on May 10, 2016. Getty Images
    The queen consort, in a navy polka dot dress and coat, with King Charles attends a service for the VC and GC Association at St Martin-in-the-Fields in London on May 10, 2016. Getty Images
  • The queen consort, in a green velvet gown, attends a reception for supporters of The British Asian Trust on February 2, 2017 in London. Getty Images
    The queen consort, in a green velvet gown, attends a reception for supporters of The British Asian Trust on February 2, 2017 in London. Getty Images
  • The queen consort, in a red coat and hat, attends a Christmas Day church service with King Charles, Queen Elizabeth II, Prince Philip, the Duchess of Cambridge, Prince William, Meghan Markle and Prince Harry on December 25, 2017. Getty Images
    The queen consort, in a red coat and hat, attends a Christmas Day church service with King Charles, Queen Elizabeth II, Prince Philip, the Duchess of Cambridge, Prince William, Meghan Markle and Prince Harry on December 25, 2017. Getty Images
  • The queen consort, in a pink dress and a feathered hat, with Meghan's mother Doria Ragland and King Charles, leaves St George's Chapel in Windsor after the wedding of Prince Harry and Meghan on May 19, 2018. Getty Images
    The queen consort, in a pink dress and a feathered hat, with Meghan's mother Doria Ragland and King Charles, leaves St George's Chapel in Windsor after the wedding of Prince Harry and Meghan on May 19, 2018. Getty Images
  • The queen consort has an ice cream with Dame Judi Dench on July 24, 2018 in Cowes, Isle of Wight. Getty Images
    The queen consort has an ice cream with Dame Judi Dench on July 24, 2018 in Cowes, Isle of Wight. Getty Images
  • The queen consort, in a green dress and black cape, is greeted by a Guard of Honour during her visit to the Malmesbury Residents Association on January 23, 2019 in London. Getty Images
    The queen consort, in a green dress and black cape, is greeted by a Guard of Honour during her visit to the Malmesbury Residents Association on January 23, 2019 in London. Getty Images
  • The queen consort, in a cream silk gown and tiara, attends the State Opening of Parliament in London on on October 14, 2019. AFP
    The queen consort, in a cream silk gown and tiara, attends the State Opening of Parliament in London on on October 14, 2019. AFP
  • The queen consort, in a dark green coat, arrives for ladies day at Cheltenham Racecourse on March 11, 2020. Getty Images
    The queen consort, in a dark green coat, arrives for ladies day at Cheltenham Racecourse on March 11, 2020. Getty Images
  • The queen consort, in a pink tweed coat and black boots, visits the Community Vaccination Centre at St Paul's Church on March 3, 2021 in Croydon, England. Getty Images
    The queen consort, in a pink tweed coat and black boots, visits the Community Vaccination Centre at St Paul's Church on March 3, 2021 in Croydon, England. Getty Images
  • The queen consort, in a blue Fiona Clare dress, and Jordan's Queen Rania visit the Children Centre in Amman on November 16, 2021. Reuters
    The queen consort, in a blue Fiona Clare dress, and Jordan's Queen Rania visit the Children Centre in Amman on November 16, 2021. Reuters
  • The queen consort, in a white Anna Valentine gown, attends a private dinner at the Al Husseiniya Palace in Amman on November 16, 2021. Reuters
    The queen consort, in a white Anna Valentine gown, attends a private dinner at the Al Husseiniya Palace in Amman on November 16, 2021. Reuters
  • King Charles and the queen consort, wearing a green floral dress, at the of Umm Qais in Jordan on November 17, 2021. Getty Images
    King Charles and the queen consort, wearing a green floral dress, at the of Umm Qais in Jordan on November 17, 2021. Getty Images
  • King Charles and the queen consort, who is dressed in white Anna Valentine piece, attend a centenary celebration of the founding of the Jordanian state, at the Jordan Museum in Amman on November 17, 2021. Reuters
    King Charles and the queen consort, who is dressed in white Anna Valentine piece, attend a centenary celebration of the founding of the Jordanian state, at the Jordan Museum in Amman on November 17, 2021. Reuters
  • King Charles and the queen consort, who is wearing a light pink Anna Valentine outfit, arrive at the presidential palace in Cairo on November 18, 2021. Getty Images
    King Charles and the queen consort, who is wearing a light pink Anna Valentine outfit, arrive at the presidential palace in Cairo on November 18, 2021. Getty Images
  • King Charles and the queen consort, wearing a wool and cashmere blend robe by Saudi designer Yahya Al Bishri, on stage during the platinum jubilee concert on June 4, 2022. AP
    King Charles and the queen consort, wearing a wool and cashmere blend robe by Saudi designer Yahya Al Bishri, on stage during the platinum jubilee concert on June 4, 2022. AP
  • The queen consort, wearing a red and white Max Mara dress and Chanel pumps, at a reception at Buckingham Palace in London on June 9, 2022. PA
    The queen consort, wearing a red and white Max Mara dress and Chanel pumps, at a reception at Buckingham Palace in London on June 9, 2022. PA
  • The queen consort, wearing a blue Bruce Oldfield gown, in photo taken for British Vogue at Clarence House for the magazine's July issue. AP
    The queen consort, wearing a blue Bruce Oldfield gown, in photo taken for British Vogue at Clarence House for the magazine's July issue. AP
  • The queen consort, wearing a green floral Fiona Clare dress, walks with Lady Rothermere at the Daily Mail Chalke Valley History Festival on June 20, 2022. Getty Images
    The queen consort, wearing a green floral Fiona Clare dress, walks with Lady Rothermere at the Daily Mail Chalke Valley History Festival on June 20, 2022. Getty Images
  • The queen consort, wearing a blue floral dress from Sophie Dundas, poses for an official portrait to mark her 75th birthday, at her home in Wiltshire, England. AP
    The queen consort, wearing a blue floral dress from Sophie Dundas, poses for an official portrait to mark her 75th birthday, at her home in Wiltshire, England. AP
  • The queen consort in a red coat dress by Fiona Clare and a striking beret by Philip Treacy at a Royal Navy ceremony in April 2023. AFP
    The queen consort in a red coat dress by Fiona Clare and a striking beret by Philip Treacy at a Royal Navy ceremony in April 2023. AFP
  • King Charles III and the queen consort, wearing a blue wool crepe coat dress by Fiona Clare, in a portrait released in April 2023 ahead of the coronation. Reuters
    King Charles III and the queen consort, wearing a blue wool crepe coat dress by Fiona Clare, in a portrait released in April 2023 ahead of the coronation. Reuters

Queen Camilla's style evolution in 45 photos — tweed, tartan and two-pieces


Farah Andrews
  • English
  • Arabic

Queen Camilla may not be the first royal who springs to mind when thinking about fashion — Queen Rania of Jordan, Kate, Princess of Wales, and Meghan, Duchess of Sussex, have the proverbial style crowns.

However, there is no doubt she has grown into her role in the public eye with grace.

A hard-working but approachable royal, the queen consort is rarely seen off duty, dressing for the occasion when it comes to her engagements.

Tartan and tweed coats, to protect her from the brisk British weather, are favourites. And, in recent years, relaxed floral dresses have been a go-to for daytime commitments.

King Charles III and Queen Consort Camilla wearing Anna Valentine in 2005. AFP
King Charles III and Queen Consort Camilla wearing Anna Valentine in 2005. AFP

In 2021, the royal was in Jordan and Egypt for a four-day tour. During the visit, she sported looks by British designer Fiona Clare, paired with pale high heels and a beige handbag by Bottega Veneta.

Anna Valentine is a favourite designer. Not only did Valentine design the two outfits for her 2005 wedding to Prince Charles, but the creator is also behind the all-white flowing trousers and top ensemble she wore on day two of her Jordan trip, when she attended the centenary celebration of the founding of the Jordanian state in Amman, and the pink look she wore to arrive in Cairo, Egypt.

During Queen Elizabeth II's platinum jubilee celebrations last year, the queen consort borrowed a robe, which was given to Prince Charles as a gift during a 1990s tour of Saudi Arabia, from her husband's wardrobe.

  • Britain's Prince Charles, with his wife Camilla, speaks at the BBC Party at the Palace in London on June 4. WPA Pool / Getty
    Britain's Prince Charles, with his wife Camilla, speaks at the BBC Party at the Palace in London on June 4. WPA Pool / Getty
  • On stage at the Platinum Party at the Palace, the jubilee concert for Queen Elizabeth II, Camilla wore a midnight blue robe, or daqlah, which was given to her husband, the Prince of Wales, on a visit to Saudi Arabia in the 1990s. AFP
    On stage at the Platinum Party at the Palace, the jubilee concert for Queen Elizabeth II, Camilla wore a midnight blue robe, or daqlah, which was given to her husband, the Prince of Wales, on a visit to Saudi Arabia in the 1990s. AFP
  • Camilla's robe was created by Saudi designer Yahya Al Bishri, pictured, and is a wool and cashmere blend. AFP
    Camilla's robe was created by Saudi designer Yahya Al Bishri, pictured, and is a wool and cashmere blend. AFP
  • The piece, which is dark blue with silver embroidery, is designed to be worn over a thobe. AFP
    The piece, which is dark blue with silver embroidery, is designed to be worn over a thobe. AFP
  • The platinum jubilee of Queen Elizabeth II was celebrated from June 2 to June 5 in the UK and wider Commonwealth to mark the 70th anniversary of her accession on February 6, 1952. WPA Pool / Getty
    The platinum jubilee of Queen Elizabeth II was celebrated from June 2 to June 5 in the UK and wider Commonwealth to mark the 70th anniversary of her accession on February 6, 1952. WPA Pool / Getty

The piece, which is dark blue with silver embroidery, is designed to be worn over a thobe. It was created by Saudi designer Yahya Al Bishri and is a wool and cashmere blend.

Following a busy month of jubilee celebrations, the royal made an appearance in British Vogue, further cementing her style status ahead of her 75th birthday. In the two images released to accompany an interview, which discusses the future of the British royal family and fashion, she wore a Bruce Oldfield gown and blue Fiona Clare dress.

Queen Consort Camilla photographed at Clarence House wearing Bruce Oldfield for the cover of British Vogue. PA Media
Queen Consort Camilla photographed at Clarence House wearing Bruce Oldfield for the cover of British Vogue. PA Media

And to mark her 75th birthday on July 17, a new portrait was released by the palace, showing the queen consort wearing a blue floral dress from Sophie Dundas, surrounded by flowers, with a cup of tea in front of her.

No stranger to a hat, she regularly chooses to top her outfits with a bit of millinery, opting for larger-than-life designs, often by Philip Treacy, for formal events, and has been spotted with accessories from Chanel, Bottega Veneta, Kiki McDonough and Van Cleef & Arpels.

Last week, three new photographs of King Charles III and the queen consort at Buckingham Palace were released before the coronation.

The images were taken in the palace’s blue drawing room in March.

One shows the couple standing side by side in front of a portrait of King George V painted shortly after his coronation in June 1911.

King Charles is dressed in a blue Anderson and Sheppard suit, with a blue tie and white Turnbull and Asser shirt, while the queen consort is wearing a blue wool crepe coat dress by Clare. She paired her look with the late Queen Elizabeth II’s pearl drop earrings set, which is adorned with sapphire and ruby gemstones, and a pearl necklace from her private collection.

This story was originally published on November 19, 2021

'Avengers: Infinity War'
Dir: The Russo Brothers
Starring: Chris Evans, Chris Pratt, Tom Holland, Robert Downey Junior, Scarlett Johansson, Elizabeth Olsen
Four stars

Why your domicile status is important

Your UK residence status is assessed using the statutory residence test. While your residence status – ie where you live - is assessed every year, your domicile status is assessed over your lifetime.

Your domicile of origin generally comes from your parents and if your parents were not married, then it is decided by your father. Your domicile is generally the country your father considered his permanent home when you were born. 

UK residents who have their permanent home ("domicile") outside the UK may not have to pay UK tax on foreign income. For example, they do not pay tax on foreign income or gains if they are less than £2,000 in the tax year and do not transfer that gain to a UK bank account.

A UK-domiciled person, however, is liable for UK tax on their worldwide income and gains when they are resident in the UK.

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US tops drug cost charts

The study of 13 essential drugs showed costs in the United States were about 300 per cent higher than the global average, followed by Germany at 126 per cent and 122 per cent in the UAE.

Thailand, Kenya and Malaysia were rated as nations with the lowest costs, about 90 per cent cheaper.

In the case of insulin, diabetic patients in the US paid five and a half times the global average, while in the UAE the costs are about 50 per cent higher than the median price of branded and generic drugs.

Some of the costliest drugs worldwide include Lipitor for high cholesterol. 

The study’s price index placed the US at an exorbitant 2,170 per cent higher for Lipitor than the average global price and the UAE at the eighth spot globally with costs 252 per cent higher.

High blood pressure medication Zestril was also more than 2,680 per cent higher in the US and the UAE price was 187 per cent higher than the global price.

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%3Cp%3E-%20Diriyah%E2%80%99s%201.9km%20King%20Salman%20Boulevard%2C%20a%20Parisian%20Champs-Elysees-inspired%20avenue%2C%20is%20scheduled%20for%20completion%20in%202028%0D%3Cbr%3E-%20The%20Royal%20Diriyah%20Opera%20House%20is%20expected%20to%20be%20completed%20in%20four%20years%0D%3Cbr%3E-%20Diriyah%E2%80%99s%20first%20of%2042%20hotels%2C%20the%20Bab%20Samhan%20hotel%2C%20will%20open%20in%20the%20first%20quarter%20of%202024%0D%3Cbr%3E-%20On%20completion%20in%202030%2C%20the%20Diriyah%20project%20is%20forecast%20to%20accommodate%20more%20than%20100%2C000%20people%0D%3Cbr%3E-%20The%20%2463.2%20billion%20Diriyah%20project%20will%20contribute%20%247.2%20billion%20to%20the%20kingdom%E2%80%99s%20GDP%0D%3Cbr%3E-%20It%20will%20create%20more%20than%20178%2C000%20jobs%20and%20aims%20to%20attract%20more%20than%2050%20million%20visits%20a%20year%0D%3Cbr%3E-%20About%202%2C000%20people%20work%20for%20the%20Diriyah%20Company%2C%20with%20more%20than%2086%20per%20cent%20being%20Saudi%20citizens%0D%3C%2Fp%3E%0A
Full list of Emmy 2020 nominations

LEAD ACTOR IN A COMEDY SERIES

Anthony Anderson, Black-ish
Don Cheadle, Black Monday
Ted Danson, The Good Place
Michael Douglas, The Kominsky Method
Eugene Levy, Schitt’s Creek
Ramy Youssef, Ramy

LEAD ACTRESS IN A COMEDY SERIES

Christina Applegate, Dead to Me
Rachel Brosnahan, The Marvelous Mrs. Maisel
Linda Cardellini, Dead to Me
Catherine O’Hara, Schitt’s Creek
Issa Rae, Insecure
Tracee Ellis Ross, Black-ish

OUTSTANDING VARIETY/TALK SERIES

The Daily Show with Trevor Noah
Full Frontal with Samantha Bee
Jimmy Kimmel Live
Last Week Tonight with John Oliver
The Late Show with Stephen Colbert

LEAD ACTOR IN A DRAMA SERIES

Jason Bateman, Ozark
Sterling K. Brown, This Is Us
Steve Carell, The Morning Show
Brian Cox, Succession
Billy Porter, Pose
Jeremy Strong, Succession

LEAD ACTRESS IN A DRAMA SERIES

Jennifer Aniston, The Morning Show
Olivia Colman, The Crown
Jodie Comer, Killing Eve
Laura Linney, Ozark
Sandra Oh, Killing Eve
Zendaya, Euphoria

OUTSTANDING REALITY/COMPETITION PROGRAM

The Masked Singer
Nailed It!
RuPaul’s Drag Race
Top Chef
The Voice

LEAD ACTOR IN A LIMITED SERIES/TV MOVIE

Jeremy Irons, Watchmen
Hugh Jackman, Bad Education
Paul Mescal, Normal People
Jeremy Pope, Hollywood
Mark Ruffalo, I Know This Much Is True

LEAD ACTRESS IN A LIMITED SERIES/TV MOVIE

Cate Blanchett, Mrs. America
Shira Haas, Unorthodox
Regina King, Watchmen
Octavia Spencer, Self Made
Kerry Washington, Little Fires Everywhere

OUTSTANDING LIMITED SERIES

Little Fires Everywhere
Mrs. America
Unbelievable
Unorthodox
Watchmen

OUTSTANDING COMEDY SERIES

Curb Your Enthusiasm
Dead to Me
The Good Place
Insecure
The Kominsky Method
The Marvelous Mrs. Maisel
Schitt’s Creek
What We Do In The Shadows

OUTSTANDING DRAMA SERIES

Better Call Saul
The Crown
The Handmaid’s Tale
Killing Eve
The Mandalorian
Ozark
Stranger Things
Succession

 

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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
The specs

AT4 Ultimate, as tested

Engine: 6.2-litre V8

Power: 420hp

Torque: 623Nm

Transmission: 10-speed automatic

Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)

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Frankenstein in Baghdad
Ahmed Saadawi
​​​​​​​Penguin Press

A cryptocurrency primer for beginners

Cryptocurrency Investing  for Dummies – by Kiana Danial 

There are several primers for investing in cryptocurrencies available online, including e-books written by people whose credentials fall apart on the second page of your preferred search engine. 

Ms Danial is a finance coach and former currency analyst who writes for Nasdaq. Her broad-strokes primer (2019) breaks down investing in cryptocurrency into baby steps, while explaining the terms and technologies involved.

Although cryptocurrencies are a fast evolving world, this  book offers a good insight into the game as well as providing some basic tips, strategies and warning signs.

Begin your cryptocurrency journey here. 

Available at Magrudy’s , Dh104 

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

MATCH INFO

Chelsea 3 (Abraham 11', 17', 74')

Luton Town 1 (Clark 30')

Man of the match Abraham (Chelsea)

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.”

What is Reform?

Reform is a right-wing, populist party led by Nigel Farage, a former MEP who won a seat in the House of Commons last year at his eighth attempt and a prominent figure in the campaign for the UK to leave the European Union.

It was founded in 2018 and originally called the Brexit Party.

Many of its members previously belonged to UKIP or the mainstream Conservatives.

After Brexit took place, the party focused on the reformation of British democracy.

Former Tory deputy chairman Lee Anderson became its first MP after defecting in March 2024.

The party gained support from Elon Musk, and had hoped the tech billionaire would make a £100m donation. However, Mr Musk changed his mind and called for Mr Farage to step down as leader in a row involving the US tycoon's support for far-right figurehead Tommy Robinson who is in prison for contempt of court.

RESULTS

1.45pm: Maiden Dh75,000 1,400m
Winner: Dirilis Ertugrul, Fabrice Veron (jockey), Ismail Mohammed (trainer)
2.15pm: Handicap Dh90,000 1,400m
Winner: Kidd Malibu, Sandro Paiva, Musabah Al Muhairi
2.45pm: Maiden Dh75,000 1,000m
Winner: Raakezz, Tadhg O’Shea, Nicholas Bachalard
3.15pm: Handicap Dh105,000 1,200m
Winner: Au Couer, Sean Kirrane, Satish Seemar
3.45pm: Maiden Dh75,000 1,600m
Winner: Rayig, Pat Dobbs, Doug Watson
4.15pm: Handicap Dh105,000 1,600m
Winner: Chiefdom, Royston Ffrench, Salem bin Ghadayer
4.45pm: Handicap Dh80,000 1,800m
Winner: King’s Shadow, Richard Mullen, Satish Seemar

Match info

Australia 580
Pakistan 240 and 335

Result: Australia win by an innings and five runs

Updated: December 10, 2023, 4:48 AM