• Tunisian President Kais Saied speaks during the launch of Tunisia's first satellite ''Challenge-1'', which was created by the Telnet telecommunications group, in Tunis, Tunisia. EPA
    Tunisian President Kais Saied speaks during the launch of Tunisia's first satellite ''Challenge-1'', which was created by the Telnet telecommunications group, in Tunis, Tunisia. EPA
  • Tunisian President Kais Saied alongside Telnet CEO Mohamed Frikha attend the launch of Tunisia's first satellite Challenge-1, which was created by the Telnet telecommunications group, in Tunis. AFP
    Tunisian President Kais Saied alongside Telnet CEO Mohamed Frikha attend the launch of Tunisia's first satellite Challenge-1, which was created by the Telnet telecommunications group, in Tunis. AFP
  • A large screen in the Tunisian capital Tunis shows the launch of Russia's Soyuz-2.1a carrier rocket from the Baikonur cosmodrome. AFP
    A large screen in the Tunisian capital Tunis shows the launch of Russia's Soyuz-2.1a carrier rocket from the Baikonur cosmodrome. AFP
  • Tunisian President Kais Saied and Telnet CEO Mohamed Frikha attend the launch of Tunisia's first satellite ''Challenge-1''. EPA
    Tunisian President Kais Saied and Telnet CEO Mohamed Frikha attend the launch of Tunisia's first satellite ''Challenge-1''. EPA
  • A large screen in the Tunisian capital Tunis shows the launch of Russia's Soyuz-2.1a carrier rocket from the Baikonur cosmodrome. AFP
    A large screen in the Tunisian capital Tunis shows the launch of Russia's Soyuz-2.1a carrier rocket from the Baikonur cosmodrome. AFP
  • Tunisian President Kais Saied and Telnet CEO Mohamed Frikha attend the launch of Tunisia's first satellite ''Challenge-1''. EPA
    Tunisian President Kais Saied and Telnet CEO Mohamed Frikha attend the launch of Tunisia's first satellite ''Challenge-1''. EPA
  • An employee of Tunisia's Telnet telecommunications group watches the launch of Russia's Soyuz-2.1a carrier rocket from the Baikonur cosmodrome. AFP
    An employee of Tunisia's Telnet telecommunications group watches the launch of Russia's Soyuz-2.1a carrier rocket from the Baikonur cosmodrome. AFP
  • An employee of Tunisia's Telnet telecommunications group during the launch of Tunisia's first satellite ''Challenge-1''. EPA
    An employee of Tunisia's Telnet telecommunications group during the launch of Tunisia's first satellite ''Challenge-1''. EPA
  • Tunisian President Kais Saied and Telnet CEO Mohamed Frikha attend the launch of Tunisia's first satellite ''Challenge-1''. EPA
    Tunisian President Kais Saied and Telnet CEO Mohamed Frikha attend the launch of Tunisia's first satellite ''Challenge-1''. EPA
  • Mohamed Frikha, CEO of Tunisia's Telnet Group, delivers a speech following the launch of Russia's Soyuz-2.1a carrier rocket from the Baikonur cosmodrome. AFP
    Mohamed Frikha, CEO of Tunisia's Telnet Group, delivers a speech following the launch of Russia's Soyuz-2.1a carrier rocket from the Baikonur cosmodrome. AFP
  • Tunisian President Kais Saied delivers a speech following the launch of Russia's Soyuz-2.1a carrier rocket from the Baikonur cosmodrome. AFP
    Tunisian President Kais Saied delivers a speech following the launch of Russia's Soyuz-2.1a carrier rocket from the Baikonur cosmodrome. AFP

Tunisia cheers as country’s first home-made satellite launched into space


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Tunisia is celebrating the launch of its first domestically made satellite, hoping it will inspire young engineers to reach for the stars at home rather than join those emigrating overseas.

Challenge-1, built by a team from telecommunications giant TelNet, blasted off along with 37 other satellites aboard a Russian Soyuz rocket from the Baikonur cosmodrome in Kazakhstan on Monday.

That made Tunisia the sixth African country to manufacture its own satellite and see it reach space.

"It's a source of pride to have taken part in this project," said Khalil Chiha, 27, who trained at Tunisia's National Engineering School in the central city of Sfax.

"Working in the aeronautical or aerospace sector is a dream."

Tunisia had been struck by an economic crisis and rising unemployment even before the coronavirus pandemic, and there have been growing anti-government protests in recent months.

Several thousand engineers leave each year to seek work abroad.

Many of the Challenge-1 engineers were educated in Tunisia and are aged between 25 and 30 years old.

Officials hope the success will show young people there is a future for them in the North African nation.

The Challenge-1 is tasked with collecting data including temperature, pollution and humidity readings over places without internet coverage, as part of efforts to gather such information from areas beyond terrestrial phone networks.

"We are very emotional, after three years of intense work," said engineer Haifa Triki, 28, who followed the flight live from Tunis.

"We made a lot of sacrifices, but it was worth it".

President Kais Saied joined engineers and journalists to watch the launch live on screen at TelNet headquarters in Tunis.

"Our real wealth is the youth who can face obstacles," Mr Saied said, stressing that Tunisia lacks not resources but "national will" amid its dire social and political crises.

"We are proud of our youth," he said.

The Challenge-1 team was supported by expatriate Tunisian engineers, one of whom took part in Nasa's Mars Perseverance mission.

"It really is a dream come true," TelNet project manager Anis Youssef told AFP before the launch.

While the aerospace industry is in full development in the Arab world, and 11 countries have launched satellites across Africa, making a homemade satellite is a harder task.

"The club of those who manufacture them is quite closed," said Tunisian aerospace engineer Ahmed El Fadhel, based in Belgium and president of Tunisian Space Association, a collective of scientists, experts and students interested in space technology.

TelNet intends to launch within three years, in partnership with other African countries, a network of more than 20 satellites.

"This paves the way for the opening of an innovative service for the region in a rapidly expanding field," said TelNet chief executive Mohamed Frikha.

Beyond technological progress, it marks the "opening of local job prospects for Tunisian engineers", he added.

"Job opportunities exist in Tunisia. The problem is to make young engineers want to stay."

MATCH INFO

Qalandars 109-3 (10ovs)

Salt 30, Malan 24, Trego 23, Jayasuriya 2-14

Bangla Tigers (9.4ovs)

Fletcher 52, Rossouw 31

Bangla Tigers win by six wickets

Essentials

The flights
Whether you trek after mountain gorillas in Rwanda, Uganda or the Congo, the most convenient international airport is in Rwanda’s capital city, Kigali. There are direct flights from Dubai a couple of days a week with RwandAir. Otherwise, an indirect route is available via Nairobi with Kenya Airways. Flydubai flies to Kinshasa in the Democratic Republic of Congo, via Entebbe in Uganda. Expect to pay from US$350 (Dh1,286) return, including taxes.
The tours
Superb ape-watching tours that take in all three gorilla countries mentioned above are run by Natural World Safaris. In September, the company will be operating a unique Ugandan ape safari guided by well-known primatologist Ben Garrod.
In the Democratic Republic of Congo, local operator Kivu Travel can organise pretty much any kind of safari throughout the Virunga National Park and elsewhere in eastern Congo.

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.

THE BIO

Born: Mukalla, Yemen, 1979

Education: UAE University, Al Ain

Family: Married with two daughters: Asayel, 7, and Sara, 6

Favourite piece of music: Horse Dance by Naseer Shamma

Favourite book: Science and geology

Favourite place to travel to: Washington DC

Best advice you’ve ever been given: If you have a dream, you have to believe it, then you will see it.

RESULT

Bayer Leverkusen 2 Bayern Munich 4
Leverkusen:
 Alario (9'), Wirtz (89')
Bayern: Coman (27'), Goretzka (42'), Gnabry (45'), Lewandowski (66')

AIDA%20RETURNS
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3ECarol%20Mansour%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3EAida%20Abboud%2C%20Carol%20Mansour%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203.5.%2F5%3C%2Fp%3E%0A
While you're here
The biog

Hometown: Birchgrove, Sydney Australia
Age: 59
Favourite TV series: Outlander Netflix series
Favourite place in the UAE: Sheikh Zayed Grand Mosque / desert / Louvre Abu Dhabi
Favourite book: Father of our Nation: Collected Quotes of Sheikh Zayed bin Sultan Al Nahyan
Thing you will miss most about the UAE: My friends and family, Formula 1, having Friday's off, desert adventures, and Arabic culture and people
 

The specs

Engine: 1.5-litre turbo

Power: 181hp

Torque: 230Nm

Transmission: 6-speed automatic

Starting price: Dh79,000

On sale: Now

Play-off fixtures

Two-legged ties to be played November 9-11 and November 12-14

 

  • Northern Ireland v Switzerland
  • Croatia v Greece
  • Denmark v Ireland
  • Sweden v Italy
Company%20Profile
%3Cp%3E%3Cstrong%3ECompany%3A%3C%2Fstrong%3E%20Astra%20Tech%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3EMarch%202022%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3EAbdallah%20Abu%20Sheikh%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20technology%20investment%20and%20development%3Cbr%3E%3Cstrong%3EFunding%20size%3A%3C%2Fstrong%3E%20%24500m%3C%2Fp%3E%0A
What drives subscription retailing?

Once the domain of newspaper home deliveries, subscription model retailing has combined with e-commerce to permeate myriad products and services.

The concept has grown tremendously around the world and is forecast to thrive further, according to UnivDatos Market Insights’ report on recent and predicted trends in the sector.

The global subscription e-commerce market was valued at $13.2 billion (Dh48.5bn) in 2018. It is forecast to touch $478.2bn in 2025, and include the entertainment, fitness, food, cosmetics, baby care and fashion sectors.

The report says subscription-based services currently constitute “a small trend within e-commerce”. The US hosts almost 70 per cent of recurring plan firms, including leaders Dollar Shave Club, Hello Fresh and Netflix. Walmart and Sephora are among longer established retailers entering the space.

UnivDatos cites younger and affluent urbanites as prime subscription targets, with women currently the largest share of end-users.

That’s expected to remain unchanged until 2025, when women will represent a $246.6bn market share, owing to increasing numbers of start-ups targeting women.

Personal care and beauty occupy the largest chunk of the worldwide subscription e-commerce market, with changing lifestyles, work schedules, customisation and convenience among the chief future drivers.

Yuki Means Happiness
Alison Jean Lester
John Murray 

Fatherland

Kele Okereke

(BMG)

THE LIGHT

Director: Tom Tykwer

Starring: Tala Al Deen, Nicolette Krebitz, Lars Eidinger

Rating: 3/5

The National Archives, Abu Dhabi

Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.

Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en

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.”

The Laughing Apple

Yusuf/Cat Stevens

(Verve Decca Crossover)

Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
  • Option 2: 50% across three years
  • Option 3: 30% across five years 
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The bio

Favourite food: Japanese

Favourite car: Lamborghini

Favourite hobby: Football

Favourite quote: If your dreams don’t scare you, they are not big enough

Favourite country: UAE