The Miss Lebanon pageant has returned to TVs around the country for the first time in three years.
Veteran Miss Lebanon Maya Reaidy’s reign finally came to an end on Sunday evening with the crowning of the 2022 Miss Lebanon, Yasmina Zaytoun.
It was the first Miss Lebanon pageant to take place since 2018.
Lebanon has been thrown from crisis to crisis, with an economic collapse that began in October 2019 followed closely and compounded by the global Covid-19 pandemic.
And in 2020, a massive explosion in Beirut’s port killed more than 200 people and destroyed a large part of the city.
The prolonged economic crisis has brought a breakdown in basic services such as electricity and water, and chronic shortages of wheat and medicine.
Journalism student Yasmina Zaytoun, 20, from Kfarchouba, won the modified title of "We Miss Lebanon", a nod to Lebanon’s prolonged adversity.
Seventeen women from around Lebanon competed for a grand prize of $100,000 and the chance to compete in pageant competitions Miss World and Miss Universe.
Notable among them was Congolese-Lebanese Dalal Hoballah, who came in fourth place and whose run as a contestant made waves on social media.
When asked by one of the judges what cause she would champion, she answered, “There is beauty in diversity.”
Ms Hoballah was the only racially diverse contestant.
The We Miss Lebanon event was held in collaboration with Lebanon’s Ministry of Tourism.
The ministry has in recent months encouraged tourism to the country – specifically from the sprawling Lebanese diaspora – to try to restart the economy.
The event was coloured by a touch of nostalgia and longing for a return to normality for the struggling nation.
Third-placed Jacinta Rashed told judges Lebanon’s economic hardships had caused her to migrate to Italy.
“But I’ll return to my village. That’s a promise,” Ms Rashed told judges.
Those watching on TV probably related to fourth-placed Lara Hraoui’s story:
“We couldn't get the medicine for my dad, nor could we get our money out of the bank to get his medical care,” she said. “Despite everything, my dad lived.”
Ms Hraoui was referring to the chronic medicine shortages plaguing Lebanon, and the capital controls imposed by Lebanese commercial banks, which have stopped depositors withdrawing the full value of their savings since 2019.
“My father is like Lebanon. Although death came for him, he returned to life.”
What are NFTs?
Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.
You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”
However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.
This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”
This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.
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
Company%20profile
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How to watch Ireland v Pakistan in UAE
When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.
COMPANY PROFILE
Company name: SimpliFi
Started: August 2021
Founder: Ali Sattar
Based: UAE
Industry: Finance, technology
Investors: 4DX, Rally Cap, Raed, Global Founders, Sukna and individuals
David Haye record
Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4
Jewel of the Expo 2020
252 projectors installed on Al Wasl dome
13.6km of steel used in the structure that makes it equal in length to 16 Burj Khalifas
550 tonnes of moulded steel were raised last year to cap the dome
724,000 cubic metres is the space it encloses
Stands taller than the leaning tower of Pisa
Steel trellis dome is one of the largest single structures on site
The size of 16 tennis courts and weighs as much as 500 elephants
Al Wasl means connection in Arabic
World’s largest 360-degree projection surface
Tewellah by Nawal Zoghbi is out now.
RESULT
Arsenal 2
Sokratis Papastathopoulos 45 4'
Eddie Ntkeiah 51'
Portsmouth 0
UAE currency: the story behind the money in your pockets
Age 26
Born May 17, 1991
Height 1.80 metres
Birthplace Sydney, Australia
Residence Eastbourne, England
Plays Right-handed
WTA titles 3
Prize money US$5,761,870 (Dh21,162,343.75)
Wins / losses 312 / 181
Building boom turning to bust as Turkey's economy slows
Deep in a provincial region of northwestern Turkey, it looks like a mirage - hundreds of luxury houses built in neat rows, their pointed towers somewhere between French chateau and Disney castle.
Meant to provide luxurious accommodations for foreign buyers, the houses are however standing empty in what is anything but a fairytale for their investors.
The ambitious development has been hit by regional turmoil as well as the slump in the Turkish construction industry - a key sector - as the country's economy heads towards what could be a hard landing in an intensifying downturn.
After a long period of solid growth, Turkey's economy contracted 1.1 per cent in the third quarter, and many economists expect it will enter into recession this year.
The country has been hit by high inflation and a currency crisis in August. The lira lost 28 per cent of its value against the dollar in 2018 and markets are still unconvinced by the readiness of the government under President Recep Tayyip Erdogan to tackle underlying economic issues.
The villas close to the town centre of Mudurnu in the Bolu region are intended to resemble European architecture and are part of the Sarot Group's Burj Al Babas project.
But the development of 732 villas and a shopping centre - which began in 2014 - is now in limbo as Sarot Group has sought bankruptcy protection.
It is one of hundreds of Turkish companies that have done so as they seek cover from creditors and to restructure their debts.
The specs
Engine: 1.4-litre 4-cylinder turbo
Power: 180hp at 5,500rpm
Torque: 250Nm at 3,00rpm
Transmission: 5-speed sequential auto
Price: From Dh139,995
On sale: now
Islamophobia definition
A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.