Egypt has unveiled a major new archaeological find of 250 sarcophagi, 150 small bronze statues of gods and goddesses and other antiquities at the Saqqara necropolis.
Mostafa Waziri, secretary general of Egypt's Supreme Council of Antiquities, displayed part of the cache, including 35 of the painted wooden coffins, in a televised event on Monday at the Unesco Heritage site south of Cairo.
Dating back more than 2,500 years to the Late Period, the sarcophagi are in good condition and all included mummies inside.
This is the largest number of coffins and bronze statues to be unearthed by the Egyptian archaeological mission at the site near the famous Step Pyramid of Djoser.
“I'm very proud that the discovery was made by Egyptians, and this will not be the last discovery here,” Mr Waziri said.
The find is one of several made at Saqqara, the necropolis of the ancient capital of Memphis, in recent years.
The Egyptian mission has completed its fourth excavation of the site since April 2018 and will conduct a fifth in September after the hot summer months.
A “rare” papyrus scroll, expected to measure about nine metres, was also found and could be a depiction of a chapter of the Book of the Dead, a tradition of funerary manuscripts dating back to the Old Kingdom, Mr Waziri said.
The statuettes, displayed in a large glass case, include deities such as Anubis, Amun, Hathor, Isis, Min, Nefertum, Osiris and Bastet — the “protector” of the area in the form of a cat. Mr Waziri highlighted the headless statue of Imhotep, the chief architect of Pharaoh Djoser who ruled ancient Egypt between 2630BC and 2611BC.
Also on display were two larger statues of the goddesses Isis and Nephthys with gilded faces, wailing in mourning.
Among the other antiquities discovered, dating back more than 3,200 years to the New Kingdom, were cosmetic items such as combs, bracelets, necklaces, small pots and a mirror.
All of the items will be transported to the Grand Egyptian Museum, which is scheduled to be completed by September, or the Egyptian Museum in Tahrir, to be studied before deciding on where they will be displayed permanently.
Saqqara has proved a treasure trove for human and animal mummies, sarcophagi, statues and other items from ancient Egypt.
When Egyptian archaeologists began excavation at the site in 2018, they discovered the tomb of a priest that had been untouched for 4,400 years, which then became the subject of the 2020 Netflix documentary Secrets of the Saqqara Tomb.
In the autumn of 2020, the team unveiled 59 sealed sarcophagi of priests and clerks from Egypt's 26th Dynasty, followed by more than 100 ancient coffins in what was the biggest find of the year.
In January last year, the tourism and antiquities ministry announced the discovery of more than 50 wooden sarcophagi and a five-metre papyrus depicting a chapter of the Book of the Dead.
More recently, in March, five well-preserved tombs dating back to the Old Kingdom were unearthed.
Mr Waziri said there were “many surprises to come” and that he hoped the mission would find the grave of Imhotep “who changed architecture” by building what is believed to be the oldest still-standing large-scale stone monument.
Egypt hopes the archaeological discoveries and media attention will help spur tourism, which struggled to rebound in the aftermath of the 2011 uprising and has since been hit by the coronavirus pandemic, as well as the Russia-Ukraine war this year. Russia and Ukraine normally account for a big chunk of the country's tourists.
As part of its PR blitz, last year Egypt hosted a globally watched pharaonic parade of mummies and sarcophagi through central Cairo to transfer 22 mummies – 18 kings and four queens – to the National Museum of Egyptian Civilisation. The mummies included the famous King Ramses II, as well as Queen Hatshepsut.
The Grand Egyptian Museum, whose opening has been delayed several times, is a central element to the new tourism promotion strategy as the country hopes to lure back visitors.
Egypt welcomed just 3.6 million tourists in 2020, less than a quarter of the number who visited in 2019, as the pandemic wiped out $17.6 billion from Egypt’s economy and caused the loss of 844,000 travel and tourism jobs that year. However, numbers have picked up as travel resumed around the world with health protocols.
Five ancient tombs discovered at Egypt's Saqqara necropolis — in pictures
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Cardiac disease, stroke and dementia from high heart rate
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The flights: South African Airways flies from Dubai International Airport with a stop in Johannesburg, with prices starting from around Dh4,000 return. Emirates can get you there with a stop in Lusaka from around Dh4,600 return.
The details: Visas are available for 247 Zambian kwacha or US$20 (Dh73) per person on arrival at Livingstone Airport. Single entry into Victoria Falls for international visitors costs 371 kwacha or $30 (Dh110). Microlight flights are available through Batoka Sky, with 15-minute flights costing 2,265 kwacha (Dh680).
Accommodation: The Royal Livingstone Victoria Falls Hotel by Anantara is an ideal place to stay, within walking distance of the falls and right on the Zambezi River. Rooms here start from 6,635 kwacha (Dh2,398) per night, including breakfast, taxes and Wi-Fi. Water arrivals cost from 587 kwacha (Dh212) per person.
THE%20SPECS
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RIVER%20SPIRIT
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World record transfers
1. Kylian Mbappe - to Real Madrid in 2017/18 - €180 million (Dh770.4m - if a deal goes through)
2. Paul Pogba - to Manchester United in 2016/17 - €105m
3. Gareth Bale - to Real Madrid in 2013/14 - €101m
4. Cristiano Ronaldo - to Real Madrid in 2009/10 - €94m
5. Gonzalo Higuain - to Juventus in 2016/17 - €90m
6. Neymar - to Barcelona in 2013/14 - €88.2m
7. Romelu Lukaku - to Manchester United in 2017/18 - €84.7m
8. Luis Suarez - to Barcelona in 2014/15 - €81.72m
9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m
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Company Profile
Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million
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2nd ODI, January 12
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4th ODI, January 16
MATCH INFO
Manchester United v Brighton, Sunday, 6pm UAE
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Key figures in the life of the fort
Sheikh Dhiyab bin Isa (ruled 1761-1793) Built Qasr Al Hosn as a watchtower to guard over the only freshwater well on Abu Dhabi island.
Sheikh Shakhbut bin Dhiyab (ruled 1793-1816) Expanded the tower into a small fort and transferred his ruling place of residence from Liwa Oasis to the fort on the island.
Sheikh Tahnoon bin Shakhbut (ruled 1818-1833) Expanded Qasr Al Hosn further as Abu Dhabi grew from a small village of palm huts to a town of more than 5,000 inhabitants.
Sheikh Khalifa bin Shakhbut (ruled 1833-1845) Repaired and fortified the fort.
Sheikh Saeed bin Tahnoon (ruled 1845-1855) Turned Qasr Al Hosn into a strong two-storied structure.
Sheikh Zayed bin Khalifa (ruled 1855-1909) Expanded Qasr Al Hosn further to reflect the emirate's increasing prominence.
Sheikh Shakhbut bin Sultan (ruled 1928-1966) Renovated and enlarged Qasr Al Hosn, adding a decorative arch and two new villas.
Sheikh Zayed bin Sultan (ruled 1966-2004) Moved the royal residence to Al Manhal palace and kept his diwan at Qasr Al Hosn.
Sources: Jayanti Maitra, www.adach.ae
Killing of Qassem Suleimani
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PROFILE OF SWVL
Started: April 2017
Founders: Mostafa Kandil, Ahmed Sabbah and Mahmoud Nouh
Based: Cairo, Egypt
Sector: transport
Size: 450 employees
Investment: approximately $80 million
Investors include: Dubai’s Beco Capital, US’s Endeavor Catalyst, China’s MSA, Egypt’s Sawari Ventures, Sweden’s Vostok New Ventures, Property Finder CEO Michael Lahyani
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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.”
COMPANY%20PROFILE
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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 Sky Is Pink
Director: Shonali Bose
Cast: Priyanka Chopra Jonas, Farhan Akhtar, Zaira Wasim, Rohit Saraf
Three stars
The five pillars of Islam
How to book
Call DHA on 800342
Once you are registered, you will receive a confirmation text message
Present the SMS and your Emirates ID at the centre
DHA medical personnel will take a nasal swab
Check results within 48 hours on the DHA app under ‘Lab Results’ and then ‘Patient Services’
Some of Darwish's last words
"They see their tomorrows slipping out of their reach. And though it seems to them that everything outside this reality is heaven, yet they do not want to go to that heaven. They stay, because they are afflicted with hope." - Mahmoud Darwish, to attendees of the Palestine Festival of Literature, 2008
His life in brief: Born in a village near Galilee, he lived in exile for most of his life and started writing poetry after high school. He was arrested several times by Israel for what were deemed to be inciteful poems. Most of his work focused on the love and yearning for his homeland, and he was regarded the Palestinian poet of resistance. Over the course of his life, he published more than 30 poetry collections and books of prose, with his work translated into more than 20 languages. Many of his poems were set to music by Arab composers, most significantly Marcel Khalife. Darwish died on August 9, 2008 after undergoing heart surgery in the United States. He was later buried in Ramallah where a shrine was erected in his honour.
Countries recognising Palestine
France, UK, Canada, Australia, Portugal, Belgium, Malta, Luxembourg, San Marino and Andorra
The years Ramadan fell in May