• An aerial view of Iraq's southern city of Nasiriyah during a heavy sandstorm. AFP
    An aerial view of Iraq's southern city of Nasiriyah during a heavy sandstorm. AFP
  • Imam Ali shrine in Najaf. Iraq awoke to its fifth sandstorm within a month on Thursday. AFP
    Imam Ali shrine in Najaf. Iraq awoke to its fifth sandstorm within a month on Thursday. AFP
  • Hundreds of Iraqis with respiratory problems were admitted to hospital as a result of the sandstorm. AP
    Hundreds of Iraqis with respiratory problems were admitted to hospital as a result of the sandstorm. AP
  • Authorities urged Iraqis to stay indoors. AP
    Authorities urged Iraqis to stay indoors. AP
  • Flights were suspended for several hours on Thursday. AP
    Flights were suspended for several hours on Thursday. AP
  • Hospitals struggled to cope with the influx of patients with respiratory problems. AP
    Hospitals struggled to cope with the influx of patients with respiratory problems. AP
  • Recent sandstorms have turned the skies over Iraq orange and coated cities with dust. AFP
    Recent sandstorms have turned the skies over Iraq orange and coated cities with dust. AFP
  • Iraqis pray at the Imam Ali shrine during the sandstorm. AFP
    Iraqis pray at the Imam Ali shrine during the sandstorm. AFP
  • Iraq is prone to seasonal sandstorms but experts are worried about their increasing frequency in recent years. AFP
    Iraq is prone to seasonal sandstorms but experts are worried about their increasing frequency in recent years. AFP
  • Dust fills the air during a sandstorm in Baghdad. AFP
    Dust fills the air during a sandstorm in Baghdad. AFP
  • A deserted road during a spring sandstorm in Baghdad. AFP
    A deserted road during a spring sandstorm in Baghdad. AFP
  • Traffic was light because of the poor visibility. AFP
    Traffic was light because of the poor visibility. AFP
  • More poor visibility during a sandstorm in the city of Nasiriyah in Dhi Qar province, Iraq. AFP
    More poor visibility during a sandstorm in the city of Nasiriyah in Dhi Qar province, Iraq. AFP
  • Drivers were forced to slow down in Nasiriyah. AFP
    Drivers were forced to slow down in Nasiriyah. AFP
  • Cars on a road as a sandstorm hits Baghdad, Iraq. Reuters
    Cars on a road as a sandstorm hits Baghdad, Iraq. Reuters
  • The area is prone to sandstorms, which can reduce visibility to a few hundred metres. Reuters
    The area is prone to sandstorms, which can reduce visibility to a few hundred metres. Reuters
  • Sandstorms often lead to all flights from Baghdad being cancelled. Reuters
    Sandstorms often lead to all flights from Baghdad being cancelled. Reuters
  • The sandstorms can cause breathing difficulties for residents. Reuters
    The sandstorms can cause breathing difficulties for residents. Reuters
  • Iraq's Meteorological Authority this week said the country was under a North African depression, known locally as ‘khamaseen’. Reuters
    Iraq's Meteorological Authority this week said the country was under a North African depression, known locally as ‘khamaseen’. Reuters
  • The sandstorm turns the Baghdad sky orange. Reuters
    The sandstorm turns the Baghdad sky orange. Reuters

Iraq dust storm: one dead and 5,000 in hospital as sky turns orange


Sinan Mahmoud
  • English
  • Arabic

One person died and more than 5,000 were admitted to hospital suffering from breathing difficulties after Iraq was hit by the latest in a string of dust storms, the country’s Health Ministry said on Thursday.

“Baghdad has registered 2,000 cases [of people] with breathing problems and one death,” the ministry said in a statement carried by Iraq News Agency. The rest of the cases occurred in other provinces, it said.

This is the first death since the waves of dust storms started last month.

The ministry urged people with respiratory problems to stay indoors or wear masks if they go out.

Residents of six of Iraq's 18 provinces, including Baghdad and the vast western region of Al Anbar, awoke once again to a thick cloud of dust which turned the sky orange.

The emergency room at Baghdad’s Yarmouk Hospital was packed with mostly elderly people complaining about breathing problems on Thursday.

“Whenever there is a sandstorm my father suffers from irritation, causing problems with breathing,” Ababs Hamza, standing by his 68-year old father who laid on the bed, putting on oxygen mask.

“If healthy people can't breathe, how can the children and elderly cope?" Mr Hamza said, adding that his father spends few hours each time enters the hospital before going back home.

It is the seventh dust storm to hit Iraq in the past month.

Storms hit areas in central Iraq on Sunday, reducing visibility and resulting in the suspension of flights at two of the country’s main airports.

Iraq's Meteorological Authority said the country was under a North African depression, known locally as “khamaseen”.

Earlier in the day, authorities in Al Anbar and Kirkuk provinces, north of the capital, urged people to stay indoors, said the official INA news agency.

Hospitals in Al Anbar province had received more than 700 patients with breathing difficulties, said health official Anas Qais, cited by INA.

The central province of Salaheddin reported more than 300 cases, while Diwaniya and the province of Najaf, south of Baghdad, each recorded about 100 cases, the news agency said.

A country vulnerable to climate change

Iraq is particularly vulnerable to climate change, having already witnessed record low rainfall and high temperatures in the past few years.

Experts have said these factors threaten to bring social and economic disaster to the war-scarred country.

In November, the World Bank gave a warning that Iraq could suffer a 20 per cent drop in water resources by 2050 due to climate change.

Early last month, a government official said Iraq could face “272 days of dust” a year in coming decades.

The Environment Ministry said the weather phenomenon could be addressed by “increasing vegetation cover and creating forests that act as windbreaks”.

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.”

Abu Dhabi GP starting grid

1 Lewis Hamilton (Mercedes)

2 Valtteri Bottas (Mercedes)

3 Sebastian Vettel (Ferrari)

4 Kimi Raikkonen (Ferrari)

5 Daniel Ricciardo (Red Bull)

6 Max Verstappen (Red Bull)

7 Romain Grosjean (Haas)

8 Charles Leclerc (Sauber)

9 Esteban Ocon (Force India)

10 Nico Hulkenberg (Renault)

11 Carlos Sainz (Renault)

12 Marcus Ericsson (Sauber)

13 Kevin Magnussen (Haas)

14 Sergio Perez (Force India)

15 Fernando Alonso (McLaren)

16 Brendon Hartley (Toro Rosso)

17 Pierre Gasly (Toro Rosso)

18 Stoffe Vandoorne (McLaren)

19 Sergey Sirotkin (Williams)

20 Lance Stroll (Williams)

Results

Stage 4

1. Dylan Groenewegen (NED) Jumbo-Visma 04:16:13

2. Gaviria (COL) UAE Team Emirates

3. Pascal Ackermann (GER) Bora-Hansgrohe

4. Sam Bennett (IRL) Deceuninck-QuickStep

5. Caleb Ewan (AUS) Lotto Soudal

General Classification:

1. Adam Yates (GBR) Mitchelton-Scott        16:46:15

2. Tadej Pogacar (SLO) UAE Team Emirates         0:01:07

3. Alexey Lutsenko (KAZ) Astana Pro Team          0:01:35

4. David Gaudu (FRA) Groupama-FDJ         0:01:40

5. Rafal Majka (POL) Bora-Hansgrohe

The specs

Engine: 4.0-litre V8 twin-turbocharged and three electric motors

Power: Combined output 920hp

Torque: 730Nm at 4,000-7,000rpm

Transmission: 8-speed dual-clutch automatic

Fuel consumption: 11.2L/100km

On sale: Now, deliveries expected later in 2025

Price: expected to start at Dh1,432,000

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EKinetic%207%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202018%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Rick%20Parish%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Abu%20Dhabi%2C%20UAE%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Clean%20cooking%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20%2410%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Self-funded%3C%2Fp%3E%0A
EMILY%20IN%20PARIS%3A%20SEASON%203
%3Cp%3ECreated%20by%3A%20Darren%20Star%3C%2Fp%3E%0A%3Cp%3EStarring%3A%20Lily%20Collins%2C%20Philippine%20Leroy-Beaulieu%2C%20Ashley%20Park%3C%2Fp%3E%0A%3Cp%3ERating%3A%202.75%2F5%3C%2Fp%3E%0A

My Cat Yugoslavia by Pajtim Statovci
Pushkin Press

Company%20profile
%3Cp%3EName%3A%20Tabby%3Cbr%3EFounded%3A%20August%202019%3B%20platform%20went%20live%20in%20February%202020%3Cbr%3EFounder%2FCEO%3A%20Hosam%20Arab%2C%20co-founder%3A%20Daniil%20Barkalov%3Cbr%3EBased%3A%20Dubai%2C%20UAE%3Cbr%3ESector%3A%20Payments%3Cbr%3ESize%3A%2040-50%20employees%3Cbr%3EStage%3A%20Series%20A%3Cbr%3EInvestors%3A%20Arbor%20Ventures%2C%20Mubadala%20Capital%2C%20Wamda%20Capital%2C%20STV%2C%20Raed%20Ventures%2C%20Global%20Founders%20Capital%2C%20JIMCO%2C%20Global%20Ventures%2C%20Venture%20Souq%2C%20Outliers%20VC%2C%20MSA%20Capital%2C%20HOF%20and%20AB%20Accelerator.%3Cbr%3E%3C%2Fp%3E%0A
Fifa Club World Cup quarter-final

Esperance de Tunis 0
Al Ain 3
(Ahmed 02’, El Shahat 17’, Al Ahbabi 60’)

Marathon results

Men:

 1. Titus Ekiru(KEN) 2:06:13 

2. Alphonce Simbu(TAN) 2:07:50 

3. Reuben Kipyego(KEN) 2:08:25 

4. Abel Kirui(KEN) 2:08:46 

5. Felix Kemutai(KEN) 2:10:48  

Women:

1. Judith Korir(KEN) 2:22:30 

2. Eunice Chumba(BHR) 2:26:01 

3. Immaculate Chemutai(UGA) 2:28:30 

4. Abebech Bekele(ETH) 2:29:43 

5. Aleksandra Morozova(RUS) 2:33:01  

COMPANY%20PROFILE%20
%3Cp%3EName%3A%20DarDoc%3Cbr%3EBased%3A%20Abu%20Dhabi%3Cbr%3EFounders%3A%20Samer%20Masri%2C%20Keswin%20Suresh%3Cbr%3ESector%3A%20HealthTech%3Cbr%3ETotal%20funding%3A%20%24800%2C000%3Cbr%3EInvestors%3A%20Flat6Labs%2C%20angel%20investors%20%2B%20Incubated%20by%20Hub71%2C%20Abu%20Dhabi's%20Department%20of%20Health%3Cbr%3ENumber%20of%20employees%3A%2010%3C%2Fp%3E%0A
AI traffic lights to ease congestion at seven points to Sheikh Zayed bin Sultan Street

The seven points are:

Shakhbout bin Sultan Street

Dhafeer Street

Hadbat Al Ghubainah Street (outbound)

Salama bint Butti Street

Al Dhafra Street

Rabdan Street

Umm Yifina Street exit (inbound)

LUKA CHUPPI

Director: Laxman Utekar

Producer: Maddock Films, Jio Cinema

Cast: Kartik Aaryan, Kriti Sanon​​​​​​​, Pankaj Tripathi, Vinay Pathak, Aparshakti Khurana

Rating: 3/5

UAE currency: the story behind the money in your pockets
Profile Idealz

Company: Idealz

Founded: January 2018

Based: Dubai

Sector: E-commerce

Size: (employees): 22

Investors: Co-founders and Venture Partners (9 per cent)

Company Profile:

Name: The Protein Bakeshop

Date of start: 2013

Founders: Rashi Chowdhary and Saad Umerani

Based: Dubai

Size, number of employees: 12

Funding/investors:  $400,000 (2018) 

CHATGPT%20ENTERPRISE%20FEATURES
%3Cp%3E%E2%80%A2%20Enterprise-grade%20security%20and%20privacy%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Unlimited%20higher-speed%20GPT-4%20access%20with%20no%20caps%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Longer%20context%20windows%20for%20processing%20longer%20inputs%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Advanced%20data%20analysis%20capabilities%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Customisation%20options%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Shareable%20chat%20templates%20that%20companies%20can%20use%20to%20collaborate%20and%20build%20common%20workflows%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Analytics%20dashboard%20for%20usage%20insights%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Free%20credits%20to%20use%20OpenAI%20APIs%20to%20extend%20OpenAI%20into%20a%20fully-custom%20solution%20for%20enterprises%3C%2Fp%3E%0A
What is a robo-adviser?

Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.

These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.

Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.

Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.

Updated: May 05, 2022, 2:31 PM