The floods in Dubai this year may have reminded some of Cyclone Gonu in 2007, which killed 10 people in Fujairah. Chris Whiteoak/ The National / AFP
The floods in Dubai this year may have reminded some of Cyclone Gonu in 2007, which killed 10 people in Fujairah. Chris Whiteoak/ The National / AFP
The floods in Dubai this year may have reminded some of Cyclone Gonu in 2007, which killed 10 people in Fujairah. Chris Whiteoak/ The National / AFP
The floods in Dubai this year may have reminded some of Cyclone Gonu in 2007, which killed 10 people in Fujairah. Chris Whiteoak/ The National / AFP

A look at some of the UAE's most extreme weather events after record rain and floods


James Langton
  • English
  • Arabic

Record rainfall pummelled the UAE and Oman during last week’s storm, and a brief look back at historic weather data shows just how unusual it was.

The National Centre of Meteorology reported that the daily rainfall total, which reached 142mm in Dubai and an astonishing 254.8mm in parts of Al Ain, was the highest since records began in 1949.

Bringing widespread flooding and destruction of property, the storm dumped a year’s worth of rain in a day. But records also show that weather events with almost equal ferocity have taken place in the past.

Accurate readings of rainfall were previously taken at what was once the Royal Air Force base at Sharjah Airport, dating back to the mid 1930s.

They reveal that December 1944 received a total of 173.5mm of rain, compared to the usual average of 27.9mm for the month.

Overall, between 1934 and 1964, the average total yearly rainfall for the seven emirates was 106.9mm. To put it into perspective, the UK recently experienced one of its wettest winters on record, with 445.8mm of rain in just four months.

Sharjah RAF airbase kept accurate weather readings. Courtesy Taff John
Sharjah RAF airbase kept accurate weather readings. Courtesy Taff John

The great storm of April 1957

One event stands out as coming close to this week’s weather. The great storm of April 8, 1957, is still remembered for its ferocity, borne out by the records.

That day, 97.3mm of rain is known to have fallen on Sharjah alone, in a year that recorded 340.4mm of rain.

While this week’s storm washed away roads in Al Ain, and inundated shopping malls, the death toll in the UAE was mercifully low.

That was not the case in 1957, when many people lived in palm frond arish or traditional barasti houses and when weather warnings were not available in the absence of radio, television and even telephones.

Susan Hillyard, who lived in Abu Dhabi from 1954 to 1958, was travelling to Dubai with her husband in an oil company dhow, unaware that a storm was about to break. Friends feared the couple had drowned but they survived, passing another dhow near the Creek that had capsized, drowning its seven crew members.

On land, she found widespread destruction, writing later in her memoir: “Outside, where there had been a whole suburb of barastis; there was but one … otherwise the devastation was complete. Not only had the wretched people [lost] their houses but all their belongings too.”

Drought followed by floods

The 1961-1962 period was one of the driest on record, with only 7.8mm of rain. But wet weather returned with a vengeance the following year, when a November storm struck the country.

Abu Dhabi had yet to build the sea defences along the Corniche and the Breakwater, and the low-lying areas of the city were inundated. Large quantities of goods, in those days unloaded on to the beach, were lost.

Dubai was hit hardest. The homes not destroyed were left knee-deep in floodwater. At the new Dubai International Airport, light aircraft and gliders were tossed around like toys.

A report for the Emirates Natural History Group journal Tribulus further analysed data from Sharjah up to 2006 and found that the drought of 2000 to 2003 was the worst in 70 years, with only 9mm of rain in 2001.

By contrast, the years 1995 to 1998 were the wettest four years on record. A remarkable total of 1,023.2mm of rain fell during that period, with 318.9mm alone in 1997. The winter of 1995/96 also received more than 376mm of rain between December and March.

Heavy rains in 1982 flooded parts of Abu Dhabi so extensively that some residents used small boats to leave their homes, while in March 9, 2016, winds of 126 kph were recorded at Al Bateen airport.

Two years later, a combination of high winds and driving rain forced the cancellation of a concert by pop star Dua Lipa.

Deadliest of all are the tropical cyclones emerging from the Indian Ocean. By the time they reach the UAE, their worst force is largely spent, although Cyclone Gonu in 2007 killed ten passengers after a boat sank in Fujairah Port.

Gonu killed about 50 people in Oman, whose coastal regions bear the brunt of cyclones.

There have been dozens over the years, with the UK’s consul general in Muscat writing of a storm in May 1963 that: “Part of the wall surrounding the British Bank of the Middle East, which is built in the main wadi of the town, collapsed under the weight of the floodwater. The inside of the bank was flooded to a depth of 4 feet 6 inches [1,371mm].

“Barasti and stone houses in the path of the floodwater were destroyed and many others destroyed or damaged by the heavy rainfall.”

In Oman, 18 people were killed in this week’s heavy rain, including 12 schoolchildren who drowned when their bus was swept away by floodwaters.

These events are a reminder that the region is a place of weather extremes, a parched and hot desert land that, from time to time, experiences storms and heavy rains. For the future, the impact of climate change means both are more likely to become more extreme.

Heavy rain hits Dubai and Abu Dhabi in April 2024

  • Workers cut down a tree that was uprooted by the storm in Dubai. Pawan Singh / The National
    Workers cut down a tree that was uprooted by the storm in Dubai. Pawan Singh / The National
  • A vehicle submerged on a waterlogged road in Dubai. Pawan Singh / The National
    A vehicle submerged on a waterlogged road in Dubai. Pawan Singh / The National
  • A fence is blown over during the storm in Dubai. Chris Whiteoak / The National
    A fence is blown over during the storm in Dubai. Chris Whiteoak / The National
  • Vehicles splash through the Dubai – Abu Dhabi motorway during the heavy rain in Abu Dhabi. Pawan Singh / The National
    Vehicles splash through the Dubai – Abu Dhabi motorway during the heavy rain in Abu Dhabi. Pawan Singh / The National
  • A vehicle drives through a flooded road on a wet day in Dubai. Chris Whiteoak / The National
    A vehicle drives through a flooded road on a wet day in Dubai. Chris Whiteoak / The National
  • Two men navigate Dubai's flooded roads on a raft made from gas cylinders. Antonie Robertson / The National
    Two men navigate Dubai's flooded roads on a raft made from gas cylinders. Antonie Robertson / The National
  • Trying to keep flooding out of a business in Al Quoz, Dubai. According to some measurements, 158mm of rain fell in 24 hours. Antonie Robertson / The National
    Trying to keep flooding out of a business in Al Quoz, Dubai. According to some measurements, 158mm of rain fell in 24 hours. Antonie Robertson / The National
  • One pedestrian is still smiling despite the flooding, in Al Quoz, Dubai. Antonie Robertson / The National
    One pedestrian is still smiling despite the flooding, in Al Quoz, Dubai. Antonie Robertson / The National
  • Waves form in Dubai floodwaters. Nic Ridley/ The National
    Waves form in Dubai floodwaters. Nic Ridley/ The National
  • Dark clouds over Aldar headquarters in Al Raha, Abu Dhabi. Evelyn Lau / The National
    Dark clouds over Aldar headquarters in Al Raha, Abu Dhabi. Evelyn Lau / The National
  • Wrapped up for the elements in Dubai. Chris Whiteoak / The National
    Wrapped up for the elements in Dubai. Chris Whiteoak / The National
  • More storms are forecast for Dubai, with dark skies overhead. Nic Ridley/ The National
    More storms are forecast for Dubai, with dark skies overhead. Nic Ridley/ The National
  • A young boy goes for a walk on a rainy day in Dubai. Chris Whiteoak / The National
    A young boy goes for a walk on a rainy day in Dubai. Chris Whiteoak / The National
  • Heavy rain fell for several hours in Dubai on Tuesday morning, in what forecasters said was the first wave of stormy weather. Antonie Robertson / The National
    Heavy rain fell for several hours in Dubai on Tuesday morning, in what forecasters said was the first wave of stormy weather. Antonie Robertson / The National
  • Lightning strikes in Abu Dhabi on Monday. Roy Cooper/ The National
    Lightning strikes in Abu Dhabi on Monday. Roy Cooper/ The National
  • There were large puddles in Dubai after heavy rain overnight. Antonie Robertson/The National
    There were large puddles in Dubai after heavy rain overnight. Antonie Robertson/The National
  • A cyclist travels amid clean-up efforts in Dubai. Antonie Robertson/The National
    A cyclist travels amid clean-up efforts in Dubai. Antonie Robertson/The National
  • A motorist's car is stranded on a flooded Dubai road, following torrential rain. Antonie Robertson / The National
    A motorist's car is stranded on a flooded Dubai road, following torrential rain. Antonie Robertson / The National
  • Clean-up efforts are under way in Dubai after heavy rain. Antonie Robertson/The National
    Clean-up efforts are under way in Dubai after heavy rain. Antonie Robertson/The National
  • Dark clouds linger over Dubai with more adverse weather forecast. Antonie Robertson/The National
    Dark clouds linger over Dubai with more adverse weather forecast. Antonie Robertson/The National
  • Dark skies over Reem Island in Abu Dhabi. Zoya Thomas/ The National
    Dark skies over Reem Island in Abu Dhabi. Zoya Thomas/ The National
  • Forecasters warned of 'hazardous weather events' until Wednesday evening. Antonie Robertson/The National
    Forecasters warned of 'hazardous weather events' until Wednesday evening. Antonie Robertson/The National
  • Workers clear standing water in Dubai. Antonie Robertson/The National
    Workers clear standing water in Dubai. Antonie Robertson/The National
  • Drivers faced a difficult commute after heavy rain in Dubai. Antonie Robertson/The National
    Drivers faced a difficult commute after heavy rain in Dubai. Antonie Robertson/The National
  • Clean-up efforts began in Dubai after heavy rain. Antonie Robertson/The National
    Clean-up efforts began in Dubai after heavy rain. Antonie Robertson/The National
Company%20profile
%3Cp%3E%3Cstrong%3ECompany%3A%20%3C%2Fstrong%3EWafeq%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3EJanuary%202019%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3ENadim%20Alameddine%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%2C%20UAE%3Cstrong%3E%3Cbr%3EIndustry%3A%20%3C%2Fstrong%3Esoftware%20as%20a%20service%3Cbr%3E%3Cstrong%3EFunds%20raised%3A%20%3C%2Fstrong%3E%243%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3ERaed%20Ventures%20and%20Wamda%2C%20among%20others%3C%2Fp%3E%0A
Pakistan Super League

Previous winners

2016 Islamabad United

2017 Peshawar Zalmi

2018 Islamabad United

2019 Quetta Gladiators

 

Most runs Kamran Akmal – 1,286

Most wickets Wahab Riaz –65

UK’s AI plan
  • AI ambassadors such as MIT economist Simon Johnson, Monzo cofounder Tom Blomfield and Google DeepMind’s Raia Hadsell
  • £10bn AI growth zone in South Wales to create 5,000 jobs
  • £100m of government support for startups building AI hardware products
  • £250m to train new AI models
Ruwais timeline

1971 Abu Dhabi National Oil Company established

1980 Ruwais Housing Complex built, located 10 kilometres away from industrial plants

1982 120,000 bpd capacity Ruwais refinery complex officially inaugurated by the founder of the UAE Sheikh Zayed

1984 Second phase of Ruwais Housing Complex built. Today the 7,000-unit complex houses some 24,000 people.  

1985 The refinery is expanded with the commissioning of a 27,000 b/d hydro cracker complex

2009 Plans announced to build $1.2 billion fertilizer plant in Ruwais, producing urea

2010 Adnoc awards $10bn contracts for expansion of Ruwais refinery, to double capacity from 415,000 bpd

2014 Ruwais 261-outlet shopping mall opens

2014 Production starts at newly expanded Ruwais refinery, providing jet fuel and diesel and allowing the UAE to be self-sufficient for petrol supplies

2014 Etihad Rail begins transportation of sulphur from Shah and Habshan to Ruwais for export

2017 Aldar Academies to operate Adnoc’s schools including in Ruwais from September. Eight schools operate in total within the housing complex.

2018 Adnoc announces plans to invest $3.1 billion on upgrading its Ruwais refinery 

2018 NMC Healthcare selected to manage operations of Ruwais Hospital

2018 Adnoc announces new downstream strategy at event in Abu Dhabi on May 13

Source: The National

 

 

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)

AL%20BOOM
%3Cp%20style%3D%22text-align%3Ajustify%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3BDirector%3AAssad%20Al%20Waslati%26nbsp%3B%3C%2Fp%3E%0A%3Cp%20style%3D%22text-align%3Ajustify%3B%22%3E%0DStarring%3A%20Omar%20Al%20Mulla%2C%20Badr%20Hakami%20and%20Rehab%20Al%20Attar%0D%3Cbr%3E%0D%3Cbr%3EStreaming%20on%3A%20ADtv%0D%3Cbr%3E%0D%3Cbr%3ERating%3A%203.5%2F5%0D%3Cbr%3E%0D%3Cbr%3E%3C%2Fp%3E%0A

Torbal Rayeh Wa Jayeh
Starring: Ali El Ghoureir, Khalil El Roumeithy, Mostafa Abo Seria
Stars: 3

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 
The BIO

Favourite piece of music: Verdi’s Requiem. It’s awe-inspiring.

Biggest inspiration: My father, as I grew up in a house where music was constantly played on a wind-up gramophone. I had amazing music teachers in primary and secondary school who inspired me to take my music further. They encouraged me to take up music as a profession and I follow in their footsteps, encouraging others to do the same.

Favourite book: Ian McEwan’s Atonement – the ending alone knocked me for six.

Favourite holiday destination: Italy - music and opera is so much part of the life there. I love it.

The bio

Who inspires you?

I am in awe of the remarkable women in the Arab region, both big and small, pushing boundaries and becoming role models for generations. Emily Nasrallah was a writer, journalist, teacher and women’s rights activist

How do you relax?

Yoga relaxes me and helps me relieve tension, especially now when we’re practically chained to laptops and desks. I enjoy learning more about music and the history of famous music bands and genres.

What is favourite book?

The Perks of Being a Wallflower - I think I've read it more than 7 times

What is your favourite Arabic film?

Hala2 Lawen (Translation: Where Do We Go Now?) by Nadine Labaki

What is favourite English film?

Mamma Mia

Best piece of advice to someone looking for a career at Google?

If you’re interested in a career at Google, deep dive into the different career paths and pinpoint the space you want to join. When you know your space, you’re likely to identify the skills you need to develop.  

 

Guide to intelligent investing
Investing success often hinges on discipline and perspective. As markets fluctuate, remember these guiding principles:
  • Stay invested: Time in the market, not timing the market, is critical to long-term gains.
  • Rational thinking: Breathe and avoid emotional decision-making; let logic and planning guide your actions.
  • Strategic patience: Understand why you’re investing and allow time for your strategies to unfold.
 
 
The specs: 2018 Maserati Ghibli

Price, base / as tested: Dh269,000 / Dh369,000

Engine: 3.0-litre twin-turbocharged V6

Transmission: Eight-speed automatic

Power: 355hp @ 5,500rpm

Torque: 500Nm @ 4,500rpm

Fuel economy, combined: 8.9L / 100km

The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

UAE currency: the story behind the money in your pockets
Race 3

Produced: Salman Khan Films and Tips Films
Director: Remo D’Souza
Cast: Salman Khan, Anil Kapoor, Jacqueline Fernandez, Bobby Deol, Daisy Shah, Saqib Salem
Rating: 2.5 stars

Overview

Cricket World Cup League Two: Nepal, Oman, United States tri-series, Tribhuvan University, Kathmandu

Fixtures
Wednesday February 5, Oman v Nepal
Thursday, February 6, Oman v United States
Saturday, February 8, United States v Nepal
Sunday, February 9, Oman v Nepal
Tuesday, February 11, Oman v United States
Wednesday, February 12, United States v Nepal

Results

5pm: Wadi Nagab – Maiden (PA) Dh80,000 (Turf) 1,200m; Winner: Al Falaq, Antonio Fresu (jockey), Ahmed Al Shemaili (trainer)

5.30pm: Wadi Sidr – Handicap (PA) Dh80,000 (T) 1,200m; Winner: AF Majalis, Tadhg O’Shea, Ernst Oertel

6pm: Wathba Stallions Cup – Handicap (PA) Dh70,000 (T) 2,200m; Winner: AF Fakhama, Fernando Jara, Mohamed Daggash

6.30pm: Wadi Shees – Handicap (PA) Dh80,000 (T) 2,200m; Winner: Mutaqadim, Antonio Fresu, Ibrahim Al Hadhrami

7pm: Arabian Triple Crown Round-1 – Listed (PA) Dh230,000 (T) 1,600m; Winner: Bahar Muscat, Antonio Fresu, Ibrahim Al Hadhrami

7.30pm: Wadi Tayyibah – Maiden (TB) Dh80,000 (T) 1,600m; Winner: Poster Paint, Patrick Cosgrave, Bhupat Seemar

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Floward%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3ERiyadh%2C%20Saudi%20Arabia%0D%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EAbdulaziz%20Al%20Loughani%20and%20Mohamed%20Al%20Arifi%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EE-commerce%0D%3Cbr%3E%3Cstrong%3ETotal%20funding%3A%20%3C%2Fstrong%3EAbout%20%24200%20million%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EAljazira%20Capital%2C%20Rainwater%20Partners%2C%20STV%20and%20Impact46%0D%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%20%3C%2Fstrong%3E1%2C200%3C%2Fp%3E%0A
COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding

Abandon
Sangeeta Bandyopadhyay
Translated by Arunava Sinha
Tilted Axis Press 

What is tokenisation?

Tokenisation refers to the issuance of a blockchain token, which represents a virtually tradable real, tangible asset. A tokenised asset is easily transferable, offers good liquidity, returns and is easily traded on the secondary markets. 

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

AUSTRALIA SQUAD

Steve Smith (capt), David Warner, Cameron Bancroft, Jackson Bird, Pat Cummins, Peter Handscomb, Josh Hazlewood, Usman Khawaja, Nathan Lyon, Shaun Marsh, Tim Paine, Chadd Sayers, Mitchell Starc.

Biography

Favourite drink: Must have karak chai and Chinese tea every day

Favourite non-Chinese food: Arabic sweets and Indian puri, small round bread of wheat flour

Favourite Chinese dish: Spicy boiled fish or anything cooked by her mother because of its flavour

Best vacation: Returning home to China

Music interests: Enjoys playing the zheng, a string musical instrument

Enjoys reading: Chinese novels, romantic comedies, reading up on business trends, government policy changes

Favourite book: Chairman Mao Zedong’s poems

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
THE SPECS

Engine: 3.6-litre V6

Transmission: eight-speed automatic

Power: 285bhp

Torque: 353Nm

Price: TBA

On sale: Q2, 2020

%20Ramez%20Gab%20Min%20El%20Akher
%3Cp%3E%3Cstrong%3ECreator%3A%3C%2Fstrong%3E%20Ramez%20Galal%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Ramez%20Galal%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStreaming%20on%3A%20%3C%2Fstrong%3EMBC%20Shahid%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E2.5%2F5%3C%2Fp%3E%0A
Chatham House Rule

A mark of Chatham House’s influence 100 years on since its founding,  was Moscow’s formal declaration last month that it was an “undesirable
organisation”. 

 

The depth of knowledge and academics that it drew on
following the Ukraine invasion had broadcast Mr Putin’s chicanery.  

 

The institute is more used to accommodating world leaders,
with Nelson Mandela, Margaret Thatcher among those helping it provide
authoritative commentary on world events. 

 

Chatham House was formally founded as the Royal Institute of
International Affairs following the peace conferences of World War One. Its
founder, Lionel Curtis, wanted a more scientific examination of international affairs
with a transparent exchange of information and ideas.  

 

That arena of debate and analysis was enhanced by the “Chatham
House Rule” states that the contents of any meeting can be discussed outside Chatham
House but no mention can be made identifying individuals who commented.  

 

This has enabled some candid exchanges on difficult subjects
allowing a greater degree of free speech from high-ranking figures.  

 

These meetings are highly valued, so much so that
ambassadors reported them in secret diplomatic cables that – when they were
revealed in the Wikileaks reporting – were thus found to have broken the rule. However,
most speeches are held on the record.  

 

Its research and debate has offered fresh ideas to
policymakers enabling them to more coherently address troubling issues from climate
change to health and food security.   

 
Keep it fun and engaging

Stuart Ritchie, director of wealth advice at AES International, says children cannot learn something overnight, so it helps to have a fun routine that keeps them engaged and interested.

“I explain to my daughter that the money I draw from an ATM or the money on my bank card doesn’t just magically appear – it’s money I have earned from my job. I show her how this works by giving her little chores around the house so she can earn pocket money,” says Mr Ritchie.

His daughter is allowed to spend half of her pocket money, while the other half goes into a bank account. When this money hits a certain milestone, Mr Ritchie rewards his daughter with a small lump sum.

He also recommends books that teach the importance of money management for children, such as The Squirrel Manifesto by Ric Edelman and Jean Edelman.

Updated: April 22, 2024, 8:31 AM