Al Wasl Plaza’s trellis design was inspired by an ancient golden ring found in the Saruq Al Hadid site by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai. It also reflects the intertwined logo of Expo 2020.
Al Wasl Plaza’s trellis design was inspired by an ancient golden ring found in the Saruq Al Hadid site by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai. It also reflects the intertwined logo of Expo 2020.
Al Wasl Plaza’s trellis design was inspired by an ancient golden ring found in the Saruq Al Hadid site by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai. It also reflects the intertwined logo of Expo 2020.
Al Wasl Plaza’s trellis design was inspired by an ancient golden ring found in the Saruq Al Hadid site by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai. It also reflects the intertwine


What Dubai Expo will teach you about sustainability


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  • Arabic

September 24, 2021

We are merely days away from seeing what a ‘world of pure imagination’ looks like. The fantastical promo for Expo 2020 Dubai featuring Thor himself, Chris Hemsworth, which takes as its refrain the famous line from Roald Dahl’s classic Charlie and the Chocolate Factory has whet appetites across the globe to see just what kind of world we could create for future societies.

The world that has been created at the Expo site, however, is not a place of sugar-coated sweets and chocolate treats. Rather, it’s a space that shows what a sustainable future could be. It is set to be a manifestation of the words of Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai: “The future belongs to those who can imagine it, design it and execute it.”

That the imagination of the Dubai Expo organisers is focused on how economies can forge a sustainable, green future is nothing but encouraging. Indeed, it’s symptomatic of how the country and its leadership envision the next 50 years of our nationhood: as a creative, diverse, inclusive and sustainable place powered by renewable energy.

Expo 2020 Dubai – the first World Expo to be held in the Middle East, Africa and South Asia – will not just be a catalyst for economic activity and growth in the UAE. It will deliver one of the most sustainable world fairs in history.

A central concern of any major event when it comes to its sustainability is its long-term use. The infrastructure built for many global extravaganzas, from World Cups to tech fairs, are often thought of as "white elephants" – excessive, permanent structures whose long-term costs outweigh their usefulness.

Mindful of this, the Dubai Expo’s International Sustainability team has been working with private and public partners to minimise the environmental impact of the six-month event to preserve the infrastructure that has been developed for it, long after the curtain has fallen. This is in the same vein as the UAE’s long-term vision for its Expo infrastructure.

For instance, the UAE National Pavilion from Milan Expo 2015 is now hosted at Masdar City, repurposed as the headquarters of the UAE Space Agency. And prior to that, the award-winning UAE Pavilion from Shanghai Expo 2010 – designed as parallel sand dunes in tribute of the UAE’s natural desert landscape – has been relocated to Saadiyat Island.

The UAE's pavilion at Shanghai Expo 2010 has since been relocated to Saadiyat Island in Abu Dhabi, where it houses the Berklee College of Music. Courtesy CCI
The UAE's pavilion at Shanghai Expo 2010 has since been relocated to Saadiyat Island in Abu Dhabi, where it houses the Berklee College of Music. Courtesy CCI
Dubai Expo’s International Sustainability team has been working to minimise the environmental impact of the event

Fast-forward to next week, we will see sustainability take centre stage at this year’s once-in-a-lifetime event. The opening week of Expo 2020 is themed Climate and Biodiversity Week, aimed at raising global ambitions for climate action and environmental protection. As another immediate example of reusing infrastructure, the Water, Energy, Technology and Environment Exhibition (Wetex) and Dubai Solar Show will both be held at the Expo 2020 Dubai site, where more than 1,200 companies from 55 countries will convene top showcase the opportunities that come with climate action and the green energy transition.

Then there’s the energy required to run the site and the pavilions. Fifty per cent of it is being generated by renewable sources; all the permanent builds are fitted with solar panels and other clean energy systems with a combined total capacity of 5.5 megawatts. For context, that’s enough energy to do approximately 180,000 round trips from Downtown Dubai to the Abu Dhabi Corniche.

Standout examples of this include the net zero energy and water building, Terra – The Sustainability Pavilion, which is aiming to become a Platinum-certified LEED building.

The Pavilion is surrounded by 18 Energy Trees. These ingenious structures are equipped with more than 4,900 solar panels which are programmed to face the sun and soak up its rays during the daytime, like enormous sunflowers, capable of produce four gigawatt-hours of alternative energy a year.

With innovation like this at the heart of the Expo site, it’s little wonder that the site is on-track to receive LEED certification for more than 120 of its permanent buildings – 95 of which are targeting LEED Gold, while four are targeting LEED Platinum, the highest LEED recognition.

Expo 2020 is also highlighting a major milestone for renewable energy in the region, with the official inauguration of the Middle East and North Africa’s first industrial scale, solar-powered green hydrogen facility, in collaboration with Dubai Electricity and Water Authority (Dewa) and Siemens Energy. which is rightly being spotlighted at the Expo as an example of the major socioeconomic advantages that clean energy can unlock.

Located at Dewa Outdoor Testing Facility of the Research and Development Centre at the Mohammed bin Rashid Al Maktoum Solar Park, daylight solar power from the park will power the Green Hydrogen Project, which is projected to produce approximately 20.5kg of hydrogen an hour at 1.25 megawatts of peak power.

Sustainability runs throughout the site – from top to bottom, from the towering buildings themselves to getting people to the site and the buildings. As an example, the official logistics partner of Expo 2020 Dubai, UPS will launch zero-emissions delivery solutions like e-quads, e-bikes and an Arrival electric vehicle, which will run on the solar power infrastructure in place at Expo 2020 Dubai site.

This is the critical decade for climate, innovation and partnerships. A decade that demands that we all to come together in the pursuit of a common goal. And this global collaborative effort will be on full show at the Expo, where country pavilions highlight the best of their expertise and knowledge of climate adaptation and mitigation strategies. This is evident from the Singapore Pavilion, themed Nature, Nurture, Future, representing the garden city and the nexus between nature and the built environment. The Netherlands Pavilion is a miniature ecosystem, brimming with sustainable solutions for water, energy and food.

Meanwhile, the Mozambique and Seychelles pavilions will offer visitors glimpses into their quest for accessible energy and the glorious deep-sea treasures that we must preserve at all costs, respectively. The Cuba Pavilion will tell of the country’s evolution in renewables and biotech, while the Comoros Pavilion puts recycling in the spotlight.

The German Pavilion will showcase some of Europe’s cutting-edge sustainability innovations, and the Czech Republic Pavilion displays how to extract water vapour from the air using solar energy – something that will be of keen interest to those of us who live among arid desert climes. And this is just a sample of the great plethora of country pavilions highlighting human ingenuity and innovative ways to support all life on our planet in the years ahead.

Combined, the 200 pavilions at the Expo site – 191 of which represent participating countries – offer a glimpse into a future world powered by clean energy underpinned by sustainability. It really is the stuff of imagination. But this world is not confined purely to the mind, to words in a book or images on a screen. This is a world we are designing collaboratively and collectively. Spurred on by a vision of making tomorrow better, the UAE is moving from a world of pure imagination to a reality at great speed.

The Perfect Couple

Starring: Nicole Kidman, Liev Schreiber, Jack Reynor

Creator: Jenna Lamia

Rating: 3/5

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

Jordan cabinet changes

In

  • Raed Mozafar Abu Al Saoud, Minister of Water and Irrigation
  • Dr Bassam Samir Al Talhouni, Minister of Justice
  • Majd Mohamed Shoueikeh, State Minister of Development of Foundation Performance
  • Azmi Mahmud Mohafaza, Minister of Education and Minister of Higher Education and Scientific Research
  • Falah Abdalla Al Ammoush, Minister of Public Works and Housing
  • Basma Moussa Ishakat, Minister of Social Development
  • Dr Ghazi Monawar Al Zein, Minister of Health
  • Ibrahim Sobhi Alshahahede, Minister of Agriculture and Minister of Environment
  • Dr Mohamed Suleiman Aburamman, Minister of Culture and Minister of Youth

Out

  • Dr Adel Issa Al Tawissi, Minister of High Education and Scientific Research
  • Hala Noaman “Basiso Lattouf”, Minister of Social Development
  • Dr Mahmud Yassin Al Sheyab, Minister of Health
  • Yahya Moussa Kasbi, Minister of Public Works and Housing
  • Nayef Hamidi Al Fayez, Minister of Environment
  • Majd Mohamed Shoueika, Minister of Public Sector Development
  • Khalid Moussa Al Huneifat, Minister of Agriculture
  • Dr Awad Abu Jarad Al Mushakiba, Minister of Justice
  • Mounir Moussa Ouwais, Minister of Water and Agriculture
  • Dr Azmi Mahmud Mohafaza, Minister of Education
  • Mokarram Mustafa Al Kaysi, Minister of Youth
  • Basma Mohamed Al Nousour, Minister of Culture
PROFILE

Name: Enhance Fitness 

Year started: 2018 

Based: UAE 

Employees: 200 

Amount raised: $3m 

Investors: Global Ventures and angel investors 

Terror attacks in Paris, November 13, 2015

- At 9.16pm, three suicide attackers killed one person outside the Atade de France during a foootball match between France and Germany- At 9.25pm, three attackers opened fire on restaurants and cafes over 20 minutes, killing 39 people- Shortly after 9.40pm, three other attackers launched a three-hour raid on the Bataclan, in which 1,500 people had gathered to watch a rock concert. In total, 90 people were killed- Salah Abdeslam, the only survivor of the terrorists, did not directly participate in the attacks, thought to be due to a technical glitch in his suicide vest- He fled to Belgium and was involved in attacks on Brussels in March 2016. He is serving a life sentence in France

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 language of diplomacy in 1853

Treaty of Peace in Perpetuity Agreed Upon by the Chiefs of the Arabian Coast on Behalf of Themselves, Their Heirs and Successors Under the Mediation of the Resident of the Persian Gulf, 1853
(This treaty gave the region the name “Trucial States”.)


We, whose seals are hereunto affixed, Sheikh Sultan bin Suggar, Chief of Rassool-Kheimah, Sheikh Saeed bin Tahnoon, Chief of Aboo Dhebbee, Sheikh Saeed bin Buyte, Chief of Debay, Sheikh Hamid bin Rashed, Chief of Ejman, Sheikh Abdoola bin Rashed, Chief of Umm-ool-Keiweyn, having experienced for a series of years the benefits and advantages resulting from a maritime truce contracted amongst ourselves under the mediation of the Resident in the Persian Gulf and renewed from time to time up to the present period, and being fully impressed, therefore, with a sense of evil consequence formerly arising, from the prosecution of our feuds at sea, whereby our subjects and dependants were prevented from carrying on the pearl fishery in security, and were exposed to interruption and molestation when passing on their lawful occasions, accordingly, we, as aforesaid have determined, for ourselves, our heirs and successors, to conclude together a lasting and inviolable peace from this time forth in perpetuity.

Taken from Britain and Saudi Arabia, 1925-1939: the Imperial Oasis, by Clive Leatherdale

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Tips to avoid getting scammed

1) Beware of cheques presented late on Thursday

2) Visit an RTA centre to change registration only after receiving payment

3) Be aware of people asking to test drive the car alone

4) Try not to close the sale at night

5) Don't be rushed into a sale 

6) Call 901 if you see any suspicious behaviour

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.

RESULT

Al Hilal 4 Persepolis 0
Khribin (31', 54', 89'), Al Shahrani 40'
Red card: Otayf (Al Hilal, 49')

The specs: Macan Turbo

Engine: Dual synchronous electric motors
Power: 639hp
Torque: 1,130Nm
Transmission: Single-speed automatic
Touring range: 591km
Price: From Dh412,500
On sale: Deliveries start in October

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What is a robo-adviser?

Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.

These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.

Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.

Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.

Skoda Superb Specs

Engine: 2-litre TSI petrol

Power: 190hp

Torque: 320Nm

Price: From Dh147,000

Available: Now

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%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%20Dual%20synchronous%20electric%20motors%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E660hp%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E1%2C100Nm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3ESingle-speed%20automatic%0D%3Cbr%3E%3Cstrong%3ETouring%20range%3A%20%3C%2Fstrong%3E488km-560km%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh850%2C000%20(estimate)%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3EOctober%3C%2Fp%3E%0A
The specs

Engine: 1.5-litre 4-cylinder petrol

Power: 154bhp

Torque: 250Nm

Transmission: 7-speed automatic with 8-speed sports option 

Price: From Dh79,600

On sale: Now

if you go

Getting there

Etihad (Etihad.com), Emirates (emirates.com) and Air France (www.airfrance.com) fly to Paris’ Charles de Gaulle Airport, from Abu Dhabi and Dubai respectively. Return flights cost from around Dh3,785. It takes about 40 minutes to get from Paris to Compiègne by train, with return tickets costing €19. The Glade of the Armistice is 6.6km east of the railway station.

Staying there

On a handsome, tree-lined street near the Chateau’s park, La Parenthèse du Rond Royal (laparenthesedurondroyal.com) offers spacious b&b accommodation with thoughtful design touches. Lots of natural woods, old fashioned travelling trunks as decoration and multi-nozzle showers are part of the look, while there are free bikes for those who want to cycle to the glade. Prices start at €120 a night.

More information: musee-armistice-14-18.fr ; compiegne-tourisme.fr; uk.france.fr

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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.

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Updated: October 07, 2021, 11:36 AM