Britain's King Charles III poses for a picture while wearing his field marshal No1 full ceremonial frock coat with medals, sword and decorations. Reuters
Britain's King Charles III poses for a picture while wearing his field marshal No1 full ceremonial frock coat with medals, sword and decorations. Reuters
Britain's King Charles III poses for a picture while wearing his field marshal No1 full ceremonial frock coat with medals, sword and decorations. Reuters
Britain's King Charles III poses for a picture while wearing his field marshal No1 full ceremonial frock coat with medals, sword and decorations. Reuters

King Charles III releases photo to mark UK's Armed Forces Day


Nicky Harley
  • English
  • Arabic

A photograph of King Charles III has been released to commemorate the UK's Armed Forces Day on Saturday alongside a rare video message from Queen Camilla.

In the recording, Queen Camilla praised servicemen and women as a “source of inspiration, reassurance and pride” for the nation.

She paid tribute to the efforts of the military, in the face of “challenges and dangers” that not only safeguard the UK “but also defend liberties way beyond these shores”.

Her message also reflected her personal association with the armed forces, as she described herself as the “proud daughter of an army officer” and wore her Royal Lancers brooch – her late father’s regiment and the military unit she serves as colonel-in-chief.

A new photograph of King Charles in military uniform was released to mark the annual event, which is held on the last Saturday of June for the country to show its support for veterans, service families, cadets and those serving.

In her video, Queen Camilla thanked the men and women of the armed forces for “everything you do to protect this country of ours” and remembered those who made the “ultimate sacrifice” in the pursuit of world peace.

This month, the couple had joined world leaders on the beaches of Normandy in northern France to mark the 80th anniversary of the Second World War D-Day landings, and Queen Camilla remembered the “incredible bravery” of the multinational force that liberated Europe from Nazi German occupation.

Britain's King Charles III, President of France, Emmanuel Macron, Queen Camilla and Brigitte Macron attend the UK Ministry of Defence and the Royal British Legion's commemorative event at the British Normandy Memorial to mark the 80th anniversary of D-Day in Ver-Sur-Mer, France, on June 6, 2024. Reuters
Britain's King Charles III, President of France, Emmanuel Macron, Queen Camilla and Brigitte Macron attend the UK Ministry of Defence and the Royal British Legion's commemorative event at the British Normandy Memorial to mark the 80th anniversary of D-Day in Ver-Sur-Mer, France, on June 6, 2024. Reuters

“Eight decades later, I know that same spirit and those same qualities remain much in evidence throughout our armed forces, as you undertake your duties in the face of a multitude of challenges and dangers,” she said.

“In so doing, you not only protect these Isles, but also defend liberties way beyond these shores. Your determination, unrelenting efforts and selfless loyalty to each other and to the United Kingdom are as enduring as our gratitude.”

The message was recorded in Clarence House’s morning room that featured a picture of the queen’s parents on their wedding day, January 2, 1946, with her mother, then Rosalind Cubitt, posing with her father Major Bruce Shand outside St Paul’s Church in Knightsbridge, London.

Maj Shand served with the 12th Lancers during the Second World War and was awarded the Military Cross in 1940, during the retreat to Dunkirk, and again in 1942 for his efforts in North Africa, and was later wounded and taken prisoner while fighting in same region. He died in June 2006 aged 89.

The queen is patron of the military charity British Forces Broadcasting Service which produced the video message.

“I also want to thank your families, who keep the home fires burning, while you are deployed overseas,” she added.

“As the proud daughter of an army officer, I know something of the impact military life has on your loved ones – you too are heroes.

“In times of war and in times of peace, whether seen or unseen, our armed forces support and strengthen our nation. You are a source of inspiration, reassurance and pride – and I salute you all.”

In the new portrait the king, who is head of the armed forces, is wearing his field marshal No 1 full ceremonial frock coat with medals, sword and decorations.

The photograph was taken in the Grand Corridor at Windsor Castle, last November by Hugo Burnand, a favourite photographer of the royal family who took the official coronation photographs.

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Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million

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Midfielders: Leandro Paredes, Guido Rodriguez, Giovani Lo Celso, Exequiel Palacios, Roberto Pereyra, Rodrigo De Paul, Angel Di Maria
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Started: 2018

Founders: Eslam Hussein and Pulkit Ganjoo

Based: Dubai

Sector: Transport

Size: 9 employees

Investment: $1,275,000

Investors: Class 5 Global, Equitrust, Gulf Islamic Investments, Kairos K50 and William Zeqiri

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1. Black holes are objects whose gravity is so strong not even light can escape their pull

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5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed

Kamindu Mendis bio

Full name: Pasqual Handi Kamindu Dilanka Mendis

Born: September 30, 1998

Age: 20 years and 26 days

Nationality: Sri Lankan

Major teams Sri Lanka's Under 19 team

Batting style: Left-hander

Bowling style: Right-arm off-spin and slow left-arm orthodox (that's right!)

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.

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“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.”

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Joker: Folie a Deux

Starring: Joaquin Phoenix, Lady Gaga, Brendan Gleeson

Director: Todd Phillips 

Rating: 2/5

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Famous left-handers

- Marie Curie

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Updated: June 29, 2024, 11:44 AM