Sheikh Mohamed reviews plans for the recently established Mohamed bin Zayed Foundation at Al Shati Palace in Abu Dhabi. Abdulla Al Bedwawi / UAE Presidential Court
Sheikh Mohamed reviews plans for the recently established Mohamed bin Zayed Foundation at Al Shati Palace in Abu Dhabi. Abdulla Al Bedwawi / UAE Presidential Court
Sheikh Mohamed reviews plans for the recently established Mohamed bin Zayed Foundation at Al Shati Palace in Abu Dhabi. Abdulla Al Bedwawi / UAE Presidential Court
Sheikh Mohamed reviews plans for the recently established Mohamed bin Zayed Foundation at Al Shati Palace in Abu Dhabi. Abdulla Al Bedwawi / UAE Presidential Court

Sheikha Mariam bint Mohamed named chair of UAE's Mohamed bin Zayed Foundation for Humanity


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Sheikha Mariam bint Mohamed has been named as chair of the Mohamed bin Zayed Foundation for Humanity, a UAE philanthropic organisation that aims to advance health care in vulnerable communities around the world.

Under the directives of President Sheikh Mohamed, Sheikha Mariam was appointed to the role to support the growth of the foundation, which was established in March.

She will be supported by Sheikh Hamdan bin Mohamed, who will serve as vice chair, state news agency Wam reported on Monday.

“The Mohamed bin Zayed Foundation for Humanity reflects the philanthropic legacy of our nation and the vision of His Highness Sheikh Mohamed bin Zayed Al Nahyan," said Sheikha Mariam.

"It is an honour to continue guiding this commitment towards serving humanity and investing in the building blocks of human progress to enable people everywhere to thrive.”

Sheikha Mariam, also deputy chairwoman of the Presidential Court for National Projects, has in recent years taken on several key roles focused on supporting the development of the UAE.

She was appointed as chair of the Quality of Education Centre in July 2023, two months after being named vice chairwoman of the Education and Human Resources Council. She supervised the UAE Pavilion at Expo 2020 Dubai and was instrumental in establishing the Founder's Memorial, which celebrates the legacy of UAE Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan.

In 2017, Sheikha Mariam received the Pride of the UAE Award in recognition of her work to support humanitarian and academic endeavours. Sheikh Hamdan is also Deputy Chairman of the Presidential Court for Special Affairs.

Global support

  • Sheikh Mohamed reviews plans for the recently established Mohamed bin Zayed Foundation at Al Shati Palace in Abu Dhabi. Abdulla Al Bedwawi / UAE Presidential Court
    Sheikh Mohamed reviews plans for the recently established Mohamed bin Zayed Foundation at Al Shati Palace in Abu Dhabi. Abdulla Al Bedwawi / UAE Presidential Court
  • The foundation aims to advance human potential, support global health priorities, and expand opportunities for the most vulnerable communities around the world
    The foundation aims to advance human potential, support global health priorities, and expand opportunities for the most vulnerable communities around the world
  • The foundation will focus on advancing sustainable efforts in global health and inclusive development by investing in innovative solutions that empower individuals and communities, driving prosperity and progress
    The foundation will focus on advancing sustainable efforts in global health and inclusive development by investing in innovative solutions that empower individuals and communities, driving prosperity and progress
  • Sheikh Mohamed is briefed on the foundation’s mission
    Sheikh Mohamed is briefed on the foundation’s mission
  • Sheikh Mohamed and Sheikh Theyab bin Mohamed, Chairman of the Office of Development and Martyrs Families Affairs at the Presidential Court
    Sheikh Mohamed and Sheikh Theyab bin Mohamed, Chairman of the Office of Development and Martyrs Families Affairs at the Presidential Court
  • Over the next five years, the Mohamed Bin Zayed Foundation for Humanity aims to reach more than 500 million people across more than 50 countries, spanning Asia, Africa, and the Middle East
    Over the next five years, the Mohamed Bin Zayed Foundation for Humanity aims to reach more than 500 million people across more than 50 countries, spanning Asia, Africa, and the Middle East

The Mohamed bin Zayed Foundation for Humanity will seek to enhance healthcare services as part of a broader effort to change the lives of people with limited access to critical resources. The foundation will invest in health systems to boost workforces in less wealthy nations and provide new equipment to help tackle preventable diseases.

It is hoped its programmes will reach more than 500 million people in more than 50 countries across Asia, Africa and the Middle East in a five-year period.

In April, the foundation unveiled its first major project, aimed at preventing 300,000 deaths in childbirth in sub-Saharan Africa over the next five years as part of a $600 million healthcare strategy.

The foundation will also work with African governments, national organisations and experts to provide access to quality care for 34 million mothers and babies by 2030. It will operate in 10 African countries – Ethiopia, Ghana, Kenya, Malawi, Lesotho, Nigeria, Rwanda, Tanzania, Uganda and Zimbabwe – to help improve maternal and newborn survival rates.

Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

THE%C2%A0SPECS
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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.”

HEADLINE HERE
  • I would recommend writing out the text in the body 
  • And then copy into this box
  • It can be as long as you link
  • But I recommend you use the bullet point function (see red square)
  • Or try to keep the word count down
  • Be wary of other embeds lengthy fact boxes could crash into 
  • That's about it
JAPAN SQUAD

Goalkeepers: Masaaki Higashiguchi, Shuichi Gonda, Daniel Schmidt
Defenders: Yuto Nagatomo, Tomoaki Makino, Maya Yoshida, Sho Sasaki, Hiroki Sakai, Sei Muroya, Genta Miura, Takehiro Tomiyasu
Midfielders: Toshihiro Aoyama, Genki Haraguchi, Gaku Shibasaki, Wataru Endo, Junya Ito, Shoya Nakajima, Takumi Minamino, Hidemasa Morita, Ritsu Doan
Forwards: Yuya Osako, Takuma Asano, Koya Kitagawa

LA LIGA FIXTURES

Saturday  (UAE kick-off times)

Leganes v Getafe (12am)​​​​​​​​​​​​​​

Levante v Alaves (4pm)

Real Madrid v Sevilla (7pm)

Osasuna v Valladolid (9.30pm)

Sunday

Eibar v Atletico Madrid (12am)

Mallorca v Valencia (3pm)

Real Betis v Real Sociedad (5pm)

Villarreal v Espanyol (7pm)

Athletic Bilbao v Celta Vigo (9.30pm)

Monday

Barcelona v Granada (12am)

MATCH INFO

Uefa Champions League final:

Who: Real Madrid v Liverpool
Where: NSC Olimpiyskiy Stadium, Kiev, Ukraine
When: Saturday, May 26, 10.45pm (UAE)
TV: Match on BeIN Sports

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”.

THE BIO

Age: 30

Favourite book: The Power of Habit

Favourite quote: "The world is full of good people, if you cannot find one, be one"

Favourite exercise: The snatch

Favourite colour: Blue

BlacKkKlansman

Director: Spike Lee

Starring: John David Washington; Adam Driver 

Five stars

The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
  • Torque: 760nm
  • On sale: 2026
  • Price: Not announced yet
Infiniti QX80 specs

Engine: twin-turbocharged 3.5-liter V6

Power: 450hp

Torque: 700Nm

Price: From Dh450,000, Autograph model from Dh510,000

Available: Now

The drill

Recharge as needed, says Mat Dryden: “We try to make it a rule that every two to three months, even if it’s for four days, we get away, get some time together, recharge, refresh.” The couple take an hour a day to check into their businesses and that’s it.

Stick to the schedule, says Mike Addo: “We have an entire wall known as ‘The Lab,’ covered with colour-coded Post-it notes dedicated to our joint weekly planner, content board, marketing strategy, trends, ideas and upcoming meetings.”

Be a team, suggests Addo: “When training together, you have to trust in each other’s abilities. Otherwise working out together very quickly becomes one person training the other.”

Pull your weight, says Thuymi Do: “To do what we do, there definitely can be no lazy member of the team.” 

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.

The specs

Engine: 2.0-litre 4-cylturbo

Transmission: seven-speed DSG automatic

Power: 242bhp

Torque: 370Nm

Price: Dh136,814

Classification of skills

A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation. 

A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.

The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000. 

COMPANY PROFILE

Name: Xpanceo

Started: 2018

Founders: Roman Axelrod, Valentyn Volkov

Based: Dubai, UAE

Industry: Smart contact lenses, augmented/virtual reality

Funding: $40 million

Investor: Opportunity Venture (Asia)

Sun jukebox

Rufus Thomas, Bear Cat (The Answer to Hound Dog) (1953)

This rip-off of Leiber/Stoller’s early rock stomper brought a lawsuit against Phillips and necessitated Presley’s premature sale to RCA.

Elvis Presley, Mystery Train (1955)

The B-side of Presley’s final single for Sun bops with a drummer-less groove.

Johnny Cash and the Tennessee Two, Folsom Prison Blues (1955)

Originally recorded for Sun, Cash’s signature tune was performed for inmates of the titular prison 13 years later.

Carl Perkins, Blue Suede Shoes (1956)

Within a month of Sun’s February release Elvis had his version out on RCA.

Roy Orbison, Ooby Dooby (1956)

An essential piece of irreverent juvenilia from Orbison.

Jerry Lee Lewis, Great Balls of Fire (1957)

Lee’s trademark anthem is one of the era’s best-remembered – and best-selling – songs.

Updated: July 16, 2025, 1:03 PM