Kevin Craig arrives with the Olympic flame at St Paul's Cathedral a day before the start of the London 2012 Games. AFP
Kevin Craig arrives with the Olympic flame at St Paul's Cathedral a day before the start of the London 2012 Games. AFP
Kevin Craig arrives with the Olympic flame at St Paul's Cathedral a day before the start of the London 2012 Games. AFP
Kevin Craig arrives with the Olympic flame at St Paul's Cathedral a day before the start of the London 2012 Games. AFP

Election betting scandal spreads to Labour as candidate gambles against himself


Soraya Ebrahimi
  • English
  • Arabic

A Labour candidate who was suspended by the party has said he is “deeply sorry” for betting against himself winning a seat in the general election, amid an investigation by the gambling watchdog.

Kevin Craig placed a wager on his Conservative opponent defeating him in the Central Suffolk and North Ipswich constituency, where the rival party won by a majority of 23,391 in 2019.

He claimed he thought he would “never win this seat” and had been planning to give any winnings to local charities, adding that he had made a “stupid error of judgment”.

Labour found out on Tuesday that Mr Craig was being investigated by the Gambling Commission and moved immediately to withdraw its backing for him, it is understood.

It comes amid a wider scandal over gambling on the date of the general election, with five Conservative candidates and officials facing an inquiry by the watchdog.

“While I did not place this bet with any prior knowledge of the outcome, this was a huge mistake, for which I apologise unreservedly,” Mr Craig said in a statement on Tuesday

“I deeply regret what I have done and will take the consequences of this stupid error of judgment on the chin.

“I am deeply sorry to the many dedicated and loyal local Labour Party volunteers who have been supporting my campaign. I will comply fully with the investigation.”

A Labour Party spokeswoman said: “With Keir Starmer as leader, the Labour party upholds the highest standards for our parliamentary candidates, as the public rightly expects from any party hoping to serve, which is why we have acted immediately in this case.”

The PA news agency understands the party has also since handed back £100,000 ($127,000) in donations it received from Mr Craig.

Mr Craig, who founded public affairs agency PLMR and is described on its website as an expert in “political communications” and “crisis management”, was campaigning in Suffolk on Tuesday.

He posted on X that he had attended the Ipswich Family Bank and said he hoped to “work with them to bring change after [July 4]”.

Mr Craig was standing in the constituency after Dr Dan Poulter, who won the seat as a Tory, defected to the opposition party in protest against the Conservatives’ “rightward drift” and neglect of the National Health Service.

Dr Poulter confirmed he would not be seeking re-election for the seat in 2024.

Britain's Labour Party through the years – in pictures

  • Labour leader Keir Starmer celebrates winning the UK general election with a speech at Tate Modern in central London in July. All photos: Getty Images
    Labour leader Keir Starmer celebrates winning the UK general election with a speech at Tate Modern in central London in July. All photos: Getty Images
  • Deputy Labour leader Angela Rayner, and Mr Starmer meet party supporters in Harlow in May
    Deputy Labour leader Angela Rayner, and Mr Starmer meet party supporters in Harlow in May
  • London Mayor and Labour incumbent Sadiq Khan, and his wife Saadiya Khan, pose with supporters after Mr Khan was re-elected in May
    London Mayor and Labour incumbent Sadiq Khan, and his wife Saadiya Khan, pose with supporters after Mr Khan was re-elected in May
  • Mr Starmer meets and greets supporters in Chatham in 2023
    Mr Starmer meets and greets supporters in Chatham in 2023
  • Then-party leader Jeremy Corbyn during a 2017 visit to Oxford
    Then-party leader Jeremy Corbyn during a 2017 visit to Oxford
  • First minister of Scotland Nicola Sturgeon, left, and leader of Scottish Labour Kezia Dugdale place roses at a memorial for murdered Labour MP Jo Cox, in Glasgow in 2016
    First minister of Scotland Nicola Sturgeon, left, and leader of Scottish Labour Kezia Dugdale place roses at a memorial for murdered Labour MP Jo Cox, in Glasgow in 2016
  • Labour leader Ed Miliband, sixth right, holds his first shadow cabinet meeting at the House of Commons in 2010
    Labour leader Ed Miliband, sixth right, holds his first shadow cabinet meeting at the House of Commons in 2010
  • Newly elected Labour prime minister Tony Blair stands on the steps of No 10 Downing Street with his wife Cherie in 1997
    Newly elected Labour prime minister Tony Blair stands on the steps of No 10 Downing Street with his wife Cherie in 1997
  • Mr Blair, John Prescott and Gordon Brown at the Labour Party Conference in 1997
    Mr Blair, John Prescott and Gordon Brown at the Labour Party Conference in 1997
  • Former leader Neil Kinnock, left, shares a joke with Peter Mandelson, a key figure behind the party's 1997 general election landslide victory, at the party conference in 1997
    Former leader Neil Kinnock, left, shares a joke with Peter Mandelson, a key figure behind the party's 1997 general election landslide victory, at the party conference in 1997
  • Leader John Smith addresses a miners' rally in Hyde Park, London, in 1992
    Leader John Smith addresses a miners' rally in Hyde Park, London, in 1992
  • Mr Kinnock with a group of youngsters publicising Labour's jobs And industry campaign in 1985
    Mr Kinnock with a group of youngsters publicising Labour's jobs And industry campaign in 1985
  • BBC TV coverage of the October 1974 general election, with Labour prime minister Harold Wilson and his wife Mary visible on a screen in London
    BBC TV coverage of the October 1974 general election, with Labour prime minister Harold Wilson and his wife Mary visible on a screen in London
  • Mr Wilson, left, and Labour politician Tony Benn speaking at a press conference during the 1974 general election campaign
    Mr Wilson, left, and Labour politician Tony Benn speaking at a press conference during the 1974 general election campaign
  • Barbara Castle speaking at the Labour Party Conference in 1969
    Barbara Castle speaking at the Labour Party Conference in 1969
  • Mr Wilson waving outside No 10 in 1964
    Mr Wilson waving outside No 10 in 1964
  • Mr Wilson, left, with deputy leader George Brown in 1963
    Mr Wilson, left, with deputy leader George Brown in 1963
  • A campaign poster issued by the Labour Party depicting leader Hugh Gaitskell arm-in-arm with Barbara Castle and Aneurin Bevan in 1959
    A campaign poster issued by the Labour Party depicting leader Hugh Gaitskell arm-in-arm with Barbara Castle and Aneurin Bevan in 1959
  • Party leader Clement Attlee with a Labour delegation, boarding a plane on their way to China in 1954
    Party leader Clement Attlee with a Labour delegation, boarding a plane on their way to China in 1954
  • Mr Attlee and his wife Violet attending a film premiere in London in 1952
    Mr Attlee and his wife Violet attending a film premiere in London in 1952
  • Members of the Labour cabinet at No 10 in 1929: Clockwise from top left: Tom Shaw, Arthur Greenwood, Noel Buxton, Sidney Webb, Arthur Henderson and prime minister Ramsay MacDonald
    Members of the Labour cabinet at No 10 in 1929: Clockwise from top left: Tom Shaw, Arthur Greenwood, Noel Buxton, Sidney Webb, Arthur Henderson and prime minister Ramsay MacDonald
  • Mr MacDonald addressing a Labour victory meeting at the Royal Albert Hall, London, in 1924
    Mr MacDonald addressing a Labour victory meeting at the Royal Albert Hall, London, in 1924
  • From left, Mr Henderson, William Brace, William Adamson, Vernon Hartshorn and James Henry Thomas outside Unity House during a coal workers' strike, in London, 1920
    From left, Mr Henderson, William Brace, William Adamson, Vernon Hartshorn and James Henry Thomas outside Unity House during a coal workers' strike, in London, 1920
  • Scottish Labour politician James Keir Hardie addressing a peace meeting in Trafalgar Square, London, in 1914
    Scottish Labour politician James Keir Hardie addressing a peace meeting in Trafalgar Square, London, in 1914
  • Mr Hardie speaks at a tailors' rally on May Day in Hyde Park, London, in 1912
    Mr Hardie speaks at a tailors' rally on May Day in Hyde Park, London, in 1912

Because nominations have closed, Mr Craig – along with Craig Williams and Laura Saunders, the two Tory candidates who have been suspended over allegations of insider betting on the election date – will still be on the ballot paper.

Rishi Sunak on Tuesday pulled support for Mr Williams and Ms Saunders after days of pressure to take stronger action following claims over the use of insider information to place bets on the date of the vote.

The row had overshadowed the Conservatives' election campaign in recent days as Mr Sunak tries to close his party’s 21-point average poll deficit to Labour.

Mr Williams, who was the Prime Minister’s parliamentary aide and is standing in Montgomeryshire and Glyndwr, says he “committed an error of judgment, not an offence” and intends to clear his name.

Two senior Tory officials have also taken a leave of absence at a crucial point in the campaign after being drawn into the Gambling Commission investigation.

Ms Saunders’s husband Tony Lee, Tory director of campaigning, and chief data officer Nick Mason have stepped back from their duties, while a police officer on Mr Sunak’s close protection team is also being investigated.

Mr Sunak had faced demands from within the party to act on the candidates over concerns the issue was further damaging the Conservatives’ electoral chances.

In a sign of the widened scope of the Gambling Commission’s investigation, the watchdog passed information to the Metropolitan Police claiming that five more officers had placed bets related to the timing of the poll.

The watchdog said the investigation into Mr Craig was separate from the wider inquiry into election betting.

“This investigation is a separate case to the ongoing election betting investigation,” a Gambling Commission representative said.

“This is an ongoing criminal investigation and the commission cannot provide any further details at this time.”

Another Conservative cabinet minister has implicated himself in the scandal, with Scottish Secretary Alister Jack telling the BBC he had made £2,100 after betting on June and July election dates.

He said one of the bets was placed at odds of 25/1.

Mr Jack told the BBC last week that the comments were “a joke … I was pulling your leg”.

On Tuesday, he said in a statement he “did not place any bets on the date of the general election during May”.

“I am very clear that I have never, on any occasion, broken any Gambling Commission rules,” Mr Jack said.

“I did not place any bets on the date of the general election during May – the period under investigation by the Gambling Commission.

“Furthermore, I am not aware of any family or friends placing bets. I have nothing more to say on this matter.”

During the past year, Mr Jack had been telling journalists and colleagues that a June or July general election was best for his party as it made the most strategic sense.

On Tuesday evening, Russell George, a Conservative member of the Senedd, stepped back from the Welsh shadow cabinet as he also faces an investigation by the gambling watchdog.

Mr George represents Montgomeryshire in the Welsh parliament – the same area from which Mr Williams has had party support withdrawn.

“Russell George has informed me that he has received a letter from the Gambling Commission regarding bets on the timing of the general election,” Welsh Conservative leader Andrew Davies said.

“Russell George has stepped back from the Welsh Conservative shadow cabinet while these investigations are ongoing.

“All other members of the Welsh Conservative Group have confirmed that they have not placed any bets.

“I will not issue further comment on this ongoing process, recognising the Gambling Commission’s instruction for confidentiality to protect the integrity of the process.”

Mr George said: “Whilst I will co-operate fully with the Gambling Commission, it would not be appropriate to comment on this independent and confidential process.

“Doing so would only jeopardise and undermine the investigation.

“It is the Gambling Commission, not the media, that has the responsibility, powers and resources to properly investigate these matters and determine what, if any, action should be taken.

“I have stepped back from the shadow cabinet while the investigation is ongoing. I have done this as I do not wish to be an unnecessary distraction to their work.

“As such, I will not be providing any further public comment on this until the Gambling Commission has concluded its work.”

Game Changer

Director: Shankar 

Stars: Ram Charan, Kiara Advani, Anjali, S J Suryah, Jayaram

Rating: 2/5

Profile

Company: Libra Project

Based: Masdar City, ADGM, London and Delaware

Launch year: 2017

Size: A team of 12 with six employed full-time

Sector: Renewable energy

Funding: $500,000 in Series A funding from family and friends in 2018. A Series B round looking to raise $1.5m is now live.

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

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.

The Sand Castle

Director: Matty Brown

Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea

Rating: 2.5/5

White hydrogen: Naturally occurring hydrogenChromite: Hard, metallic mineral containing iron oxide and chromium oxideUltramafic rocks: Dark-coloured rocks rich in magnesium or iron with very low silica contentOphiolite: A section of the earth’s crust, which is oceanic in nature that has since been uplifted and exposed on landOlivine: A commonly occurring magnesium iron silicate mineral that derives its name for its olive-green yellow-green colour

Fight card

1. Bantamweight: Victor Nunes (BRA) v Siyovush Gulmamadov (TJK)

2. Featherweight: Hussein Salim (IRQ) v Shakhriyor Juraev (UZB)

3. Catchweight 80kg: Rashed Dawood (UAE) v Khamza Yamadaev (RUS)

4. Lightweight: Ho Taek-oh (KOR) v Ronald Girones (CUB)

5. Lightweight: Arthur Zaynukov (RUS) v Damien Lapilus (FRA)

6. Bantamweight: Vinicius de Oliveira (BRA) v Furkatbek Yokubov (RUS)

7. Featherweight: Movlid Khaybulaev (RUS) v Zaka Fatullazade (AZE)

8. Flyweight: Shannon Ross (TUR) v Donovon Freelow (USA)

9. Lightweight: Mohammad Yahya (UAE) v Dan Collins (GBR)

10. Catchweight 73kg: Islam Mamedov (RUS) v Martun Mezhulmyan (ARM)

11. Bantamweight World title: Jaures Dea (CAM) v Xavier Alaoui (MAR)

12. Flyweight World title: Manon Fiorot (FRA) v Gabriela Campo (ARG)

COMPANY PROFILE
Name: Akeed

Based: Muscat

Launch year: 2018

Number of employees: 40

Sector: Online food delivery

Funding: Raised $3.2m since inception 

Name: Colm McLoughlin

Country: Galway, Ireland

Job: Executive vice chairman and chief executive of Dubai Duty Free

Favourite golf course: Dubai Creek Golf and Yacht Club

Favourite part of Dubai: Palm Jumeirah

 

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

Pearls on a Branch: Oral Tales
​​​​​​​Najlaa Khoury, Archipelago Books

UAE currency: the story behind the money in your pockets
The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part one: how cars came to the UAE

 

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

COMPANY PROFILE

Name: Lamsa

Founder: Badr Ward

Launched: 2014

Employees: 60

Based: Abu Dhabi

Sector: EdTech

Funding to date: $15 million

It Was Just an Accident

Director: Jafar Panahi

Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr

Rating: 4/5

Profile of Bitex UAE

Date of launch: November 2018

Founder: Monark Modi

Based: Business Bay, Dubai

Sector: Financial services

Size: Eight employees

Investors: Self-funded to date with $1m of personal savings

UAE rugby in numbers

5 - Year sponsorship deal between Hesco and Jebel Ali Dragons

700 - Dubai Hurricanes had more than 700 playing members last season between their mini and youth, men's and women's teams

Dh600,000 - Dubai Exiles' budget for pitch and court hire next season, for their rugby, netball and cricket teams

Dh1.8m - Dubai Hurricanes' overall budget for next season

Dh2.8m - Dubai Exiles’ overall budget for next season

Federer's 11 Wimbledon finals

2003 Beat Mark Philippoussis

2004 Beat Andy Roddick

2005 Beat Andy Roddick

2006 Beat Rafael Nadal

2007 Beat Rafael Nadal

2008 Lost to Rafael Nadal

2009 Beat Andy Roddick

2012 Beat Andy Murray

2014 Lost to Novak Djokovic

2015 Lost to Novak Djokovic

2017 Beat Marin Cilic

WWE TLC results

Asuka won the SmackDown Women's title in a TLC triple threat with Becky Lynch and Charlotte Flair

Dean Ambrose won the Intercontinental title against Seth Rollins

Daniel Bryan retained the WWE World Heavyweight Championship against AJ Styles

Ronda Rousey retained the Raw Women's Championship against Nia Jax

Rey Mysterio beat Randy Orton in a chairs match

Finn Balor defeated Drew McIntyre

Natalya beat Ruby Riott in a tables match

Braun Strowman beat Baron Corbin in a TLC match

Sheamus and Cesaro retained the SmackDown Tag Titles against The Usos and New Day

R-Truth and Carmella won the Mixed Match Challenge by beating Jinder Mahal and Alicia Fox

England squad

Goalkeepers: Jordan Pickford, Nick Pope, Aaron Ramsdale 

Defenders: Trent Alexander-Arnold, Conor Coady, Marc Guehi, Reece James, Harry Maguire, Tyrone Mings, Luke Shaw, John Stones, Ben White

Midfielders: Jude Bellingham, Conor Gallagher, Mason Mount, Jordan Henderson, Declan Rice, James Ward-Prowse

Forwards: Tammy Abraham, Phil Foden, Jack Grealish, Harry Kane, Bukayo Saka, Emile Smith Rowe, Raheem Sterling

Red flags
  • Promises of high, fixed or 'guaranteed' returns.
  • Unregulated structured products or complex investments often used to bypass traditional safeguards.
  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching

VEZEETA PROFILE

Date started: 2012

Founder: Amir Barsoum

Based: Dubai, UAE

Sector: HealthTech / MedTech

Size: 300 employees

Funding: $22.6 million (as of September 2018)

Investors: Technology Development Fund, Silicon Badia, Beco Capital, Vostok New Ventures, Endeavour Catalyst, Crescent Enterprises’ CE-Ventures, Saudi Technology Ventures and IFC

Gender equality in the workplace still 200 years away

It will take centuries to achieve gender parity in workplaces around the globe, according to a December report from the World Economic Forum.

The WEF study said there had been some improvements in wage equality in 2018 compared to 2017, when the global gender gap widened for the first time in a decade.

But it warned that these were offset by declining representation of women in politics, coupled with greater inequality in their access to health and education.

At current rates, the global gender gap across a range of areas will not close for another 108 years, while it is expected to take 202 years to close the workplace gap, WEF found.

The Geneva-based organisation's annual report tracked disparities between the sexes in 149 countries across four areas: education, health, economic opportunity and political empowerment.

After years of advances in education, health and political representation, women registered setbacks in all three areas this year, WEF said.

Only in the area of economic opportunity did the gender gap narrow somewhat, although there is not much to celebrate, with the global wage gap narrowing to nearly 51 per cent.

And the number of women in leadership roles has risen to 34 per cent globally, WEF said.

At the same time, the report showed there are now proportionately fewer women than men participating in the workforce, suggesting that automation is having a disproportionate impact on jobs traditionally performed by women.

And women are significantly under-represented in growing areas of employment that require science, technology, engineering and mathematics skills, WEF said.

* Agence France Presse

The specs: 2018 Jeep Grand Cherokee Trackhawk


Price, base: Dh399,999
Engine: Supercharged 6.2-litre V8
Gearbox: Eight-speed automatic
Power: 707hp @ 6,000rpm
Torque: 875Nm @ 4,800rpm
Fuel economy, combined: 16.8L / 100km (estimate)

AndhaDhun

Director: Sriram Raghavan

Producer: Matchbox Pictures, Viacom18

Cast: Ayushmann Khurrana, Tabu, Radhika Apte, Anil Dhawan

Rating: 3.5/5

Indika
%3Cp%3E%3Cstrong%3EDeveloper%3A%3C%2Fstrong%3E%2011%20Bit%20Studios%3Cbr%3E%3Cstrong%3EPublisher%3A%3C%2Fstrong%3E%20Odd%20Meter%3Cbr%3E%3Cstrong%3EConsole%3A%3C%2Fstrong%3E%20PlayStation%205%2C%20PC%20and%20Xbox%20series%20X%2FS%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
Key developments in maritime dispute

2000: Israel withdraws from Lebanon after nearly 30 years without an officially demarcated border. The UN establishes the Blue Line to act as the frontier. 

2007: Lebanon and Cyprus define their respective exclusive economic zones to facilitate oil and gas exploration. Israel uses this to define its EEZ with Cyprus

2011: Lebanon disputes Israeli-proposed line and submits documents to UN showing different EEZ. Cyprus offers to mediate without much progress.

2018: Lebanon signs first offshore oil and gas licencing deal with consortium of France’s Total, Italy’s Eni and Russia’s Novatek.

2018-2019: US seeks to mediate between Israel and Lebanon to prevent clashes over oil and gas resources.

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
The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

Updated: June 26, 2024, 3:36 AM