Abdul Ghani Baradar during peace talks between the Afghan government and the Taliban in Doha in July. AFP
Abdul Ghani Baradar during peace talks between the Afghan government and the Taliban in Doha in July. AFP
Abdul Ghani Baradar during peace talks between the Afghan government and the Taliban in Doha in July. AFP
Abdul Ghani Baradar during peace talks between the Afghan government and the Taliban in Doha in July. AFP

Who is Abdul Ghani Baradar, the enigmatic Taliban leader tipped to rule Afghanistan?


Mina Aldroubi
  • English
  • Arabic

Follow the latest updates on Afghanistan here

Abdul Ghani Baradar made a triumphant return to Kandahar on Tuesday, as a delegation of top Taliban officials arrived to take power in Afghanistan.

Pictures shared on Taliban social media accounts showed crowds waving the insurgent group's white flag as they waited for Mr Baradar in the country’s second-biggest city, with fireworks being lit to celebrate his return.

One of the most senior members of the Afghan Taliban, Mr Baradar is being tipped as the likely co-leader of the next government, alongside former interior minister Ali Ahmad Jalali.

A veteran military commander, Mr Baradar helped found the Taliban and was one of its late leader Mullah Omar's most trusted commanders.

According to Washington, he was the Taliban's number two and ran the group's insurgency in Afghanistan until he was captured in 2010 by security forces in the southern Pakistani city of Karachi.

Born in Uruzgan province in 1968, Mr Baradar fought alongside Mullah Omar against the Soviets. He is not known to speak English and does not speak to the media outside of official statements.

After the Russians were driven out in 1989 and the country fell into a civil war fought by rival warlords, Mr Baradar set up a madrassa in Kandahar with Mullah Omar.

It was there that the two men, along with a handful of others, established the Taliban movement.

Mr Baradar remained at the centre of the movement from its earliest days in the mid-1990s.

He was believed to be the architect of the movement's victories when they swept and took over the country in 1996.

He was described as the operational leader of the organisation, heading its leadership council and taking day-to-day control with occasional instruction from the elusive Mullah Omar, who was the movement's spiritual figurehead.

Mr Baradar was thought to be the deputy minister of defence at the time the Taliban were ousted by the US and its Afghan allies in 2001.

  • Afghan women, holding placards, gather to demand the protection of women's rights in front of the Presidential Palace in Kabul, Afghanistan.
    Afghan women, holding placards, gather to demand the protection of women's rights in front of the Presidential Palace in Kabul, Afghanistan.
  • A person holds the flag of Afghanistan during a protest against support for the Taliban, in Berlin, Germany.
    A person holds the flag of Afghanistan during a protest against support for the Taliban, in Berlin, Germany.
  • Taliban spokesman Zabihullah Mujahid speaks at his first news conference in Kabul.
    Taliban spokesman Zabihullah Mujahid speaks at his first news conference in Kabul.
  • Taliban fighters stand guard outside the Green Zone where most of the embassies are situated.
    Taliban fighters stand guard outside the Green Zone where most of the embassies are situated.
  • Afghan security forces patrol on humvee vehicle along a road in Bazarak town of Panjshir province.
    Afghan security forces patrol on humvee vehicle along a road in Bazarak town of Panjshir province.
  • Schoolgirls sit in a schoolyard in Herat.
    Schoolgirls sit in a schoolyard in Herat.
  • Afghans wait outside the Hamid Karzai International Airport to flee the country.
    Afghans wait outside the Hamid Karzai International Airport to flee the country.
  • A Taliban fighter raises their flag on a vehicle as they patrol in Kandahar.
    A Taliban fighter raises their flag on a vehicle as they patrol in Kandahar.
  • French citizens and their Afghan colleagues wait to board a French military transport plane at the airport in Kabul after the Taliban's stunning military takeover of the Afghanistan.
    French citizens and their Afghan colleagues wait to board a French military transport plane at the airport in Kabul after the Taliban's stunning military takeover of the Afghanistan.
  • French soldiers at the airport in Kabul as they arrive to help French citizens and their Afghan colleagues to flee after the Taliban takeover.
    French soldiers at the airport in Kabul as they arrive to help French citizens and their Afghan colleagues to flee after the Taliban takeover.
  • A US Air Force C-17 Globemaster III transport aircraft filled with about 640 Afghans fleeing to Qatar from Kabul, Afghanistan.
    A US Air Force C-17 Globemaster III transport aircraft filled with about 640 Afghans fleeing to Qatar from Kabul, Afghanistan.
  • Crowds on the tarmac of Kabul International Airport, Afghanistan. Several people were reportedly killed at the airport on August 16 as Afghans tried to hang on to a moving US military plane leaving the airport.
    Crowds on the tarmac of Kabul International Airport, Afghanistan. Several people were reportedly killed at the airport on August 16 as Afghans tried to hang on to a moving US military plane leaving the airport.
  • A satellite photo shows swarms of people on the tarmac at Kabul International Airport, also known as Hamid Karzai International Airport. Afghans rushed on to the tarmac of the capital's airport on Monday as thousands tried to flee the country after the Taliban seized power with stunning speed.
    A satellite photo shows swarms of people on the tarmac at Kabul International Airport, also known as Hamid Karzai International Airport. Afghans rushed on to the tarmac of the capital's airport on Monday as thousands tried to flee the country after the Taliban seized power with stunning speed.
  • A traffic jam outside Kabul International Airport, Afghanistan after Taliban co-founder Abdul Ghani Baradar declared victory and an end to the decades-long war in the country. President Ashraf Ghani fled and conceded that the insurgents had won the 20-year war.
    A traffic jam outside Kabul International Airport, Afghanistan after Taliban co-founder Abdul Ghani Baradar declared victory and an end to the decades-long war in the country. President Ashraf Ghani fled and conceded that the insurgents had won the 20-year war.
  • Qari Muhammad Hanif, centre, director of the Taliban's cultural and Information department, talks to journalists in Jalalabad, Afghanistan.
    Qari Muhammad Hanif, centre, director of the Taliban's cultural and Information department, talks to journalists in Jalalabad, Afghanistan.
  • Humvee vehicles from the Afghan Security Forces in Panjshir province, Afghanistan.
    Humvee vehicles from the Afghan Security Forces in Panjshir province, Afghanistan.
  • Thousands of Afghans rushed to Hamid Karzai International Airport in an attempt to flee the Afghan capital, Kabul.
    Thousands of Afghans rushed to Hamid Karzai International Airport in an attempt to flee the Afghan capital, Kabul.
  • Afghans on the tarmac at Kabul airport in Kabul after a swift end to the 20-year war in the country. Thousands of people mobbed the city's airport trying to flee the group's rule.
    Afghans on the tarmac at Kabul airport in Kabul after a swift end to the 20-year war in the country. Thousands of people mobbed the city's airport trying to flee the group's rule.
  • A US soldier keeps close watch on Afghan passengers at Hamid Karzai International Airport, Kabul. Thousands of people packed the airport trying to flee Taliban rule.
    A US soldier keeps close watch on Afghan passengers at Hamid Karzai International Airport, Kabul. Thousands of people packed the airport trying to flee Taliban rule.
  • Passengers sit inside a plane as they wait to leave the runway of Kabul after the stunningly swift end of Afghanistan’s 20-year war.
    Passengers sit inside a plane as they wait to leave the runway of Kabul after the stunningly swift end of Afghanistan’s 20-year war.
  • People climb on top of a plane in Kabul.
    People climb on top of a plane in Kabul.
  • People try to enter Hamid Karzai International Airport in Kabul, Afghanistan.
    People try to enter Hamid Karzai International Airport in Kabul, Afghanistan.
  • People cross the boundary wall of Hamid Karzai International Airport to flee the country after rumours that foreign countries were removing people even without visas.
    People cross the boundary wall of Hamid Karzai International Airport to flee the country after rumours that foreign countries were removing people even without visas.
  • Taliban fighters stand guard along a roadside near Zanbaq Square in Kabul.
    Taliban fighters stand guard along a roadside near Zanbaq Square in Kabul.
  • A Taliban fighter sits on his motorcycle by a road in Shahr-e Naw, Kabul.
    A Taliban fighter sits on his motorcycle by a road in Shahr-e Naw, Kabul.
  • Talibs patrol the streets of Kabul as the militants take control of Afghanistan. after President Ashraf Ghani fled the country.
    Talibs patrol the streets of Kabul as the militants take control of Afghanistan. after President Ashraf Ghani fled the country.
  • Afghans gather on the asphalt at Hamid Karzai International Airport, Kabul.
    Afghans gather on the asphalt at Hamid Karzai International Airport, Kabul.
  • Afghans gather by the runway in Kabul as US soldiers stand guard.
    Afghans gather by the runway in Kabul as US soldiers stand guard.
  • Taliban fighters on a police vehicle outside Hamid Karzai International Airport in Kabul, Afghanistan.
    Taliban fighters on a police vehicle outside Hamid Karzai International Airport in Kabul, Afghanistan.
  • Baradar Akhund, a senior official of the Taliban, with a group of men, makes a video statement.
    Baradar Akhund, a senior official of the Taliban, with a group of men, makes a video statement.
  • Taliban fighters take control of the presidential palace in Kabul, after Afghanistan's President Ashraf Ghani fled the country.
    Taliban fighters take control of the presidential palace in Kabul, after Afghanistan's President Ashraf Ghani fled the country.
  • Passengers from Kabul arrive at Indira Gandhi International Airport in New Delhi, India.
    Passengers from Kabul arrive at Indira Gandhi International Airport in New Delhi, India.
  • Families on a motorway trying to flee Kabul.
    Families on a motorway trying to flee Kabul.
  • Afghan security forces on patrol in Kabul.
    Afghan security forces on patrol in Kabul.
  • People line up outside Azizi Bank to withdraw cash during a run on deposits.
    People line up outside Azizi Bank to withdraw cash during a run on deposits.
  • Taliban fighters use a captured Afghan security forces vehicle at a checkpoint in Herat.
    Taliban fighters use a captured Afghan security forces vehicle at a checkpoint in Herat.
  • Ahmadullah Muttaqi, centre left, the Taliban's director for information and culture, addresses journalists.
    Ahmadullah Muttaqi, centre left, the Taliban's director for information and culture, addresses journalists.
  • Police officers conduct their duties after the Taliban took control of Kandahar.
    Police officers conduct their duties after the Taliban took control of Kandahar.
  • People prepare to cross into Afghanistan, at Pakistan's Chaman border. Pakistani authorities reopened the border with Afghanistan on August 13 after it had been closed for several days.
    People prepare to cross into Afghanistan, at Pakistan's Chaman border. Pakistani authorities reopened the border with Afghanistan on August 13 after it had been closed for several days.
  • Afghans wait in long lines for hours to get visas at the Iranian embassy, in Kabul.
    Afghans wait in long lines for hours to get visas at the Iranian embassy, in Kabul.
  • Taliban fighters patrol after taking control of Jalalabad.
    Taliban fighters patrol after taking control of Jalalabad.
  • Smoke rises near the US embassy in Kabul. Taliban fighters reached the outskirts of the Afghan capital on Sunday.
    Smoke rises near the US embassy in Kabul. Taliban fighters reached the outskirts of the Afghan capital on Sunday.
  • Anti-missile decoy flares are used by US Black Hawk military helicopters, while a surveillance blimp flies over Kabul.
    Anti-missile decoy flares are used by US Black Hawk military helicopters, while a surveillance blimp flies over Kabul.
  • An Afghan soldier keeps watch on a street in Kabul.
    An Afghan soldier keeps watch on a street in Kabul.
  • Taliban fighters and local people gather in Jalalabad province, east of Kabul.
    Taliban fighters and local people gather in Jalalabad province, east of Kabul.
  • Taliban fighters sit on an Afghan Army Humvee in Jalalabad province.
    Taliban fighters sit on an Afghan Army Humvee in Jalalabad province.
  • Taliban fighters travel along a street in Jalalabad province.
    Taliban fighters travel along a street in Jalalabad province.
  • A US Chinook military helicopter flies over the US embassy in Kabul.
    A US Chinook military helicopter flies over the US embassy in Kabul.
  • Heavily armed Taliban fighters gather in eastern Laghman province.
    Heavily armed Taliban fighters gather in eastern Laghman province.
  • Militants wave a Taliban flag from the back of a pickup truck in Jalalabad.
    Militants wave a Taliban flag from the back of a pickup truck in Jalalabad.
  • Taliban fighters drive through the streets of Laghman province.
    Taliban fighters drive through the streets of Laghman province.
  • People head to the departures area of Hamid Karzai International Airport in Kabul as the Taliban approach the city.
    People head to the departures area of Hamid Karzai International Airport in Kabul as the Taliban approach the city.
  • A man sells Taliban flags in western province Herat.
    A man sells Taliban flags in western province Herat.
  • Taliban fighters travel in an Afghan Army vehicle in Herat.
    Taliban fighters travel in an Afghan Army vehicle in Herat.
  • Taliban forces patrol a street in Herat.
    Taliban forces patrol a street in Herat.
  • Taliban militants raise their flag as they gather a day after taking control of key southern city Kandahar.
    Taliban militants raise their flag as they gather a day after taking control of key southern city Kandahar.
  • Members of the Afghan security forces stand guard along the roadside in Panjshir province.
    Members of the Afghan security forces stand guard along the roadside in Panjshir province.
  • Afghanistan's President Ashraf Ghani and acting defence minister Bismillah Khan Mohammadi visit a military site in Kabul.
    Afghanistan's President Ashraf Ghani and acting defence minister Bismillah Khan Mohammadi visit a military site in Kabul.
  • Internally displaced families from northern provinces take shelter in a public park in Kabul.
    Internally displaced families from northern provinces take shelter in a public park in Kabul.
  • Families that fled their homes because of fighting between the Taliban and Afghan security forces take shelter in a public park in Kabul.
    Families that fled their homes because of fighting between the Taliban and Afghan security forces take shelter in a public park in Kabul.
  • Many of those seeking safety in Kabul have been sleeping on the streets.
    Many of those seeking safety in Kabul have been sleeping on the streets.
  • Thousands of those internally displaced have been arriving in Kabul.
    Thousands of those internally displaced have been arriving in Kabul.
  • Afghans have been waiting for hours in long queues outside the passport office in Kabul, with many people desperate to leave the country.
    Afghans have been waiting for hours in long queues outside the passport office in Kabul, with many people desperate to leave the country.

He was placed under UN Security Council sanctions, which included the freezing of his assets, a travel ban and an arms embargo.

Mr Baradar's release in late 2018 came after US special envoy to Afghanistan, Zalmay Khalilzad, reportedly held his first meeting with the Taliban in Doha.

It is believed that Mr Baradar, along with a small group of insurgents, approached former interim Afghan leader Hamid Karzai in 2001 with a letter outlining a potential deal that would have involved the militants recognising the new administration.

He headed the political office of the Taliban and was part of a negotiating team in Qatar that attempted to create a political deal to pave the way for a ceasefire and peace in the country.

Mr Baradar oversaw the signing of the agreement with Washington that paved the way for the withdrawal of US and coalition troops from Afghanistan.

Representatives of the Afghan government and Taliban insurgents met on and off for months in the Qatari capital, but the talks lost momentum as the insurgents made battlefield gains.


Squid Game season two

Director: Hwang Dong-hyuk 

Stars:  Lee Jung-jae, Wi Ha-joon and Lee Byung-hun

Rating: 4.5/5

EA Sports FC 25
MATCH INFO

Uefa Champions League, Group C
Liverpool v Red Star Belgrade
Anfield, Liverpool
Wednesday, 11pm (UAE)

Reading List

Practitioners of mindful eating recommend the following books to get you started:

Savor: Mindful Eating, Mindful Life by Thich Nhat Hanh and Dr Lilian Cheung

How to Eat by Thich Nhat Hanh

The Mindful Diet by Dr Ruth Wolever

Mindful Eating by Dr Jan Bays

How to Raise a Mindful Eaterby Maryann Jacobsen

Results

5pm: Maiden (PA) Dh80,000 (Turf) 1,000mm, Winners: Mumayaza, Fabrice Veron (jockey), Eric Lemartinel (trainer)

5.30pm: Wathba Stallions Cup Handicap (PA) Dh70,000 (T) 2,200m, Winners: Sharkh, Pat Cosgrave, Helal Al Alawi

6pm: The President’s Cup Prep - Conditions (PA) Dh100,000 (T) 2,200m, Winner: Somoud, Richard Mullen, Jean de Roualle

6.30pm: Handicap (PA) Dh90,000 (T) 1,600m, Winner: Harrab, Ryan Curatolo, Jean de Roualle

7pm: Abu Dhabi Equestrian Gold Cup - Prestige (PA) Dh125,000 (T) 1,600m, Winner: Hameem, Adrie de Vries, Abdallah Al Hammadi

7.30pm: Al Ruwais – Group 3 (PA) Dh300,000 (T) 1,200m, Winner: AF Alwajel, Tadhg O’Shea, Ernst Oertel

8pm: Maiden (TB) Dh80,000 (T) 1,400m, Winner: Nibras Passion, Bernardo Pinheiro, Ismail Mohammed

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)
UAE’s revised Cricket World Cup League Two schedule

August, 2021: Host - United States; Teams - UAE, United States and Scotland

Between September and November, 2021 (dates TBC): Host - Namibia; Teams - Namibia, Oman, UAE

December, 2021: Host - UAE; Teams - UAE, Namibia, Oman

February, 2022: Hosts - Nepal; Teams - UAE, Nepal, PNG

June, 2022: Hosts - Scotland; Teams - UAE, United States, Scotland

September, 2022: Hosts - PNG; Teams - UAE, PNG, Nepal

February, 2023: Hosts - UAE; Teams - UAE, PNG, Nepal

TOURNAMENT INFO

Women’s World Twenty20 Qualifier

Jul 3- 14, in the Netherlands
The top two teams will qualify to play at the World T20 in the West Indies in November

UAE squad
Humaira Tasneem (captain), Chamani Seneviratne, Subha Srinivasan, Neha Sharma, Kavisha Kumari, Judit Cleetus, Chaya Mughal, Roopa Nagraj, Heena Hotchandani, Namita D’Souza, Ishani Senevirathne, Esha Oza, Nisha Ali, Udeni Kuruppuarachchi

Dunki
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Rajkumar%20Hirani%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Shah%20Rukh%20Khan%2C%20Taapsee%20Pannu%2C%20Vikram%20Kochhar%20and%20Anil%20Grover%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
Yahya Al Ghassani's bio

Date of birth: April 18, 1998

Playing position: Winger

Clubs: 2015-2017 – Al Ahli Dubai; March-June 2018 – Paris FC; August – Al Wahda

RACE SCHEDULE

All times UAE ( 4 GMT)

Friday, September 29
First practice: 7am - 8.30am
Second practice: 11am - 12.30pm

Saturday, September 30
Qualifying: 1pm - 2pm

Sunday, October 1
Race: 11am - 1pm

Scores in brief:

Day 1

New Zealand (1st innings) 153 all out (66.3 overs) - Williamson 63, Nicholls 28, Yasir 3-54, Haris 2-11, Abbas 2-13, Hasan 2-38

Pakistan (1st innings) 59-2 (23 overs)

The National's picks

4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young

Left Bank: Art, Passion and Rebirth of Paris 1940-1950

Agnes Poirer, Bloomsbury

Company%20profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Fasset%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2019%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Mohammad%20Raafi%20Hossain%2C%20Daniel%20Ahmed%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%3C%2Fstrong%3E%20%242.45%20million%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2086%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Pre-series%20B%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Investcorp%2C%20Liberty%20City%20Ventures%2C%20Fatima%20Gobi%20Ventures%2C%20Primal%20Capital%2C%20Wealthwell%20Ventures%2C%20FHS%20Capital%2C%20VN2%20Capital%2C%20local%20family%20offices%3C%2Fp%3E%0A
IF YOU GO

The flights

FlyDubai flies direct from Dubai to Skopje in five hours from Dh1,314 return including taxes. Hourly buses from Skopje to Ohrid take three hours.

The tours

English-speaking guided tours of Ohrid town and the surrounding area are organised by Cultura 365; these cost €90 (Dh386) for a one-day trip including driver and guide and €100 a day (Dh429) for two people. 

The hotels

Villa St Sofija in the old town of Ohrid, twin room from $54 (Dh198) a night.

St Naum Monastery, on the lake 30km south of Ohrid town, has updated its pilgrims' quarters into a modern 3-star hotel, with rooms overlooking the monastery courtyard and lake. Double room from $60 (Dh 220) a night.

 

The specs

Engine 60kwh FWD

Battery Rimac 120kwh Lithium Nickel Manganese Cobalt Oxide (LiNiMnCoO2) chemistry

Power 204hp Torque 360Nm

Price, base / as tested Dh174,500 

At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

Scorecard

Scotland 220

K Coetzer 95, J Siddique 3-49, R Mustafa 3-35

UAE 224-3 in 43,5 overs

C Suri 67, B Hameed 63 not out

Lexus LX700h specs

Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

On sale: Now

Price: From Dh590,000

RACE CARD

6.30pm: Madjani Stakes Group 2 (PA) Dh97,500 (Dirt) 1,900m
7.05pm: Maiden (TB) Dh82,500 (D) 1,400m
7.40pm: Maiden (TB) Dh82,500 (D) 1,600m
8.15pm: Handicap (TB) Dh87,500 (D) 2,200m
8.50pm: Dubai Creek Mile Listed (TB) Dh132,500 (D) 1,600m
9.25pm: Conditions (TB) Dh120,000 (D) 1,900m
10pm: Handicap (TB) Dh92,500 (D) 1,400m

The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

Company%20profile
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EPurpl%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECo-founders%3A%20%3C%2Fstrong%3EKarl%20Naim%2C%20Wissam%20Ghorra%2C%20Jean-Marie%20Khoueir%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EHub71%20in%20Abu%20Dhabi%20and%20Beirut%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2021%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ENumber%20of%20employees%3A%20%3C%2Fstrong%3E12%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFunding%3A%20%3C%2Fstrong%3E%242%20million%26nbsp%3B%3C%2Fp%3E%0A
How will Gen Alpha invest?

Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.

“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.

Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.

He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.

Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”

Abu Dhabi GP schedule

Friday: First practice - 1pm; Second practice - 5pm

Saturday: Final practice - 2pm; Qualifying - 5pm

Sunday: Etihad Airways Abu Dhabi Grand Prix (55 laps) - 5.10pm

TO A LAND UNKNOWN

Director: Mahdi Fleifel

Starring: Mahmoud Bakri, Aram Sabbah, Mohammad Alsurafa

Rating: 4.5/5

WITHIN%20SAND
%3Cp%3EDirector%3A%20Moe%20Alatawi%3C%2Fp%3E%0A%3Cp%3EStarring%3A%20Ra%E2%80%99ed%20Alshammari%2C%20Adwa%20Fahd%2C%20Muhand%20Alsaleh%3C%2Fp%3E%0A%3Cp%3ERating%3A%203%2F5%3C%2Fp%3E%0A
Mountain%20Boy
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Zainab%20Shaheen%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Naser%20Al%20Messabi%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3C%2Fstrong%3E%3A%203%2F5%3C%2Fp%3E%0A
UAE SQUAD

 

Goalkeepers: Ali Khaseif, Fahad Al Dhanhani, Mohammed Al Shamsi, Adel Al Hosani

Defenders: Bandar Al Ahbabi, Shaheen Abdulrahman, Walid Abbas, Mahmoud Khamis, Mohammed Barghash, Khalifa Al Hammadi, Hassan Al Mahrami, Yousef Jaber, Mohammed Al Attas

Midfielders: Ali Salmeen, Abdullah Ramadan, Abdullah Al Naqbi, Majed Hassan, Abdullah Hamad, Khalfan Mubarak, Khalil Al Hammadi, Tahnoun Al Zaabi, Harib Abdallah, Mohammed Jumah

Forwards: Fabio De Lima, Caio Canedo, Ali Saleh, Ali Mabkhout, Sebastian Tagliabue

How to help

Send “thenational” to the following numbers or call the hotline on: 0502955999
2289 – Dh10
2252 – Dh 50
6025 – Dh20
6027 – Dh 100
6026 – Dh 200

Earth under attack: Cosmic impacts throughout history

4.5 billion years ago: Mars-sized object smashes into the newly-formed Earth, creating debris that coalesces to form the Moon

- 66 million years ago: 10km-wide asteroid crashes into the Gulf of Mexico, wiping out over 70 per cent of living species – including the dinosaurs.

50,000 years ago: 50m-wide iron meteor crashes in Arizona with the violence of 10 megatonne hydrogen bomb, creating the famous 1.2km-wide Barringer Crater

1490: Meteor storm over Shansi Province, north-east China when large stones “fell like rain”, reportedly leading to thousands of deaths.  

1908: 100-metre meteor from the Taurid Complex explodes near the Tunguska river in Siberia with the force of 1,000 Hiroshima-type bombs, devastating 2,000 square kilometres of forest.

1998: Comet Shoemaker-Levy 9 breaks apart and crashes into Jupiter in series of impacts that would have annihilated life on Earth.

-2013: 10,000-tonne meteor burns up over the southern Urals region of Russia, releasing a pressure blast and flash that left over 1600 people injured.

Tottenham's 10 biggest transfers (according to transfermarkt.com):

1). Moussa Sissokho - Newcastle United - £30 million (Dh143m): Flop

2). Roberto Soldado - Valencia -  £25m: Flop

3). Erik Lamela - Roma -  £25m: Jury still out

4). Son Heung-min - Bayer Leverkusen -  £25m: Success

5). Darren Bent - Charlton Athletic -  £21m: Flop

6). Vincent Janssen - AZ Alkmaar -  £18m: Flop

7). David Bentley - Blackburn Rovers -  £18m: Flop

8). Luka Modric - Dynamo Zagreb -  £17m: Success

9). Paulinho - Corinthians -  £16m: Flop

10). Mousa Dembele - Fulham -  £16m: Success

Funk Wav Bounces Vol.1
Calvin Harris
Columbia

Moon Music

Artist: Coldplay

Label: Parlophone/Atlantic

Number of tracks: 10

Rating: 3/5

Mina Cup winners

Under 12 – Minerva Academy

Under 14 – Unam Pumas

Under 16 – Fursan Hispania

Under 18 – Madenat

Diriyah%20project%20at%20a%20glance
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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.”

Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

CRICKET%20WORLD%20CUP%20QUALIFIER%2C%20ZIMBABWE%20
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Analysis

Members of Syria's Alawite minority community face threat in their heartland after one of the deadliest days in country’s recent history. Read more

Updated: August 18, 2021, 3:19 PM