A giant painting of US Presidential candidate Joe Biden, erected in his ancestral home of Ballina, northwest Ireland. AFP
A giant painting of US Presidential candidate Joe Biden, erected in his ancestral home of Ballina, northwest Ireland. AFP
A giant painting of US Presidential candidate Joe Biden, erected in his ancestral home of Ballina, northwest Ireland. AFP
A giant painting of US Presidential candidate Joe Biden, erected in his ancestral home of Ballina, northwest Ireland. AFP

Joe Biden's Irish soul


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The election and inauguration of Joe Biden as US president is not only a relief to much of the world. It is also a source of pride and affection for the nearly 7 million people of the island of Ireland, the more than 3 million Irish citizens who reside overseas (of which I am one) and the 80 to maybe 100 million around the world whose identification with their Irish ancestry makes them part of a wider diaspora. For Mr Biden is the most Irish of American presidents since John F Kennedy, a fact that he is proud to mention whenever he can.

This is no mere “blarney” or “paddy-whackery”. All eight of Mr Biden’s great-great-grandparents on his mother’s side were born in Ireland, as were two of his paternal great-grandparents. He invited the Chieftains, one of the most revered Irish music bands, to play at his inauguration (they couldn’t due to travel restrictions). When he visited the country as vice president in 2016, he declared: “James Joyce wrote, ‘When I die, Dublin will be written on my heart.’ Well, northeast Pennsylvania will be written on my heart. But Ireland will be written on my soul” – no hyperbole given Mr Biden’s long commitment to the peace process in Northern Ireland.

Mr Biden also noted at the time that it was the centenary of the Easter Rising that set in motion independence for the 26 counties that make up the Republic of Ireland today. To Irish Catholics that event was a doomed but heroic attempt to end centuries of colonisation. Many Britons take a different view. The former UK defence secretary Michael Portillo has pointed out that the Rising’s leaders, whose executions took place in the middle of the First World War, had referred to Britain’s principal enemy, the Germans, as “gallant allies”.

Veronica McKevitt, seated, a distant cousin of President Joe Biden, and her family applaud at their home in Ireland as they watch the US presidential inauguration. AP
Veronica McKevitt, seated, a distant cousin of President Joe Biden, and her family applaud at their home in Ireland as they watch the US presidential inauguration. AP

Indeed, Mr Biden is distinct from many other presidents with Irish roots because he is only the second – after JFK – to be a Roman Catholic. Mr Biden has specifically identified as an “Irish Catholic”, and if anyone doubts that his sympathies are more with the nationalist side in Ireland, his response to a BBC reporter who’d asked him for a quick word should put them straight. “BBC?” said Mr Biden. “I’m Irish” – and walked off. He replied with a smile and was almost certainly joking. Nevertheless, it was a distinction that someone who was concerned about appealing to Irish Protestants – the vast majority of whom regard themselves as British and want Northern Ireland to remain in the UK – likely would not have made.

All of this serves to underline that Mr Biden’s affiliations mean Boris Johnson’s administration in London will need to act very gingerly around any aspect of Brexit that has an impact on the 1998 Good Friday Agreement, which brought peace to Northern Ireland and unique cross-border arrangements with the Republic. “Any trade deal between the US and UK must be contingent upon respect for the Agreement and preventing the return of a hard border. Period,” Mr Biden tweeted last September.

Mr Johnson may have had a jolly phone call with Mr Biden recently but Micheal Martin, the Irish prime minister, appears to have spoken to him earlier. “I did invite President Biden to Ireland,” Mr Martin told CNN last Friday, “and he jokingly said to me, ‘try and keep me out.’” Under the new administration in Washington, London would do well to fear that the real “special relationship” may be with Dublin.

None of this will be lost on the many Irish people who have lived and worked in the Gulf for decades, and who have been part of my life going back to the 1980s, when my family enjoyed happy times staying with Irish friends who helped manage the Al Kharj dairy farm south of Riyadh.

What, however, will Mr Biden’s Irishness mean for the wider world? A note published by Daniel Mulhall, Ireland’s ambassador to the US, on the day of Mr Biden’s inauguration, contains some telling pointers. “In our bones,” he wrote, “we know that we are a people shaped by emigration, which has been central to the experience of being Irish for the best part of two centuries.”

  • US President Joe Biden speaks during the 59th Presidential inauguration in Washington. Reuters
    US President Joe Biden speaks during the 59th Presidential inauguration in Washington. Reuters
  • President Joe Biden signs executive orders in the Oval Office of the White House. Reuters
    President Joe Biden signs executive orders in the Oval Office of the White House. Reuters
  • President Joe Biden swears in presidential appointees in a virtual ceremony in the State Dining Room of the White House. Reuters
    President Joe Biden swears in presidential appointees in a virtual ceremony in the State Dining Room of the White House. Reuters
  • President Joe Biden and first lady Jill Biden wave as they arrive at the North Portico of the White House. AP Photo
    President Joe Biden and first lady Jill Biden wave as they arrive at the North Portico of the White House. AP Photo
  • President Joe Biden and his wife Jill embrace as they arrive to the White House. Reuters
    President Joe Biden and his wife Jill embrace as they arrive to the White House. Reuters
  • President Joe Biden and first lady Jill Biden walk up the stairs as they arrive at the North Portico of the White House. AP Photo
    President Joe Biden and first lady Jill Biden walk up the stairs as they arrive at the North Portico of the White House. AP Photo
  • President Joe Biden, First Lady Jill Biden and family, walk in front of the White House. AP Photo
    President Joe Biden, First Lady Jill Biden and family, walk in front of the White House. AP Photo
  • President Joe Biden and Vice President Kamala Harris participate in a wreath laying ceremony at the Tomb of the Unknown Soldier at Arlington National Cemetery. AP Photo
    President Joe Biden and Vice President Kamala Harris participate in a wreath laying ceremony at the Tomb of the Unknown Soldier at Arlington National Cemetery. AP Photo
  • Former President Bill Clinton with his wife, former Secretary of State, Hillary Clinton, former President George W. Bush with his wife Laura Bush, and former president Barack Obama and his wife Michelle Obama at the Arlington National Cemetery. Reuters
    Former President Bill Clinton with his wife, former Secretary of State, Hillary Clinton, former President George W. Bush with his wife Laura Bush, and former president Barack Obama and his wife Michelle Obama at the Arlington National Cemetery. Reuters
  • US President Joe Biden, first lady Jill Biden, Vice President Kamala Harris, and her husband Doug Emhoff look on as they leave the US Capitol after the inauguration ceremony. Reuters
    US President Joe Biden, first lady Jill Biden, Vice President Kamala Harris, and her husband Doug Emhoff look on as they leave the US Capitol after the inauguration ceremony. Reuters
  • US President Joe Biden signs documents in the President's Room at the US Capitol following the inauguration ceremony. Bloomberg
    US President Joe Biden signs documents in the President's Room at the US Capitol following the inauguration ceremony. Bloomberg
  • Vice President Kamala Harris and her husband Doug Emhoff, wave from the Capitol steps as former Vice President Mike Pence's motorcade departs. AP Photo
    Vice President Kamala Harris and her husband Doug Emhoff, wave from the Capitol steps as former Vice President Mike Pence's motorcade departs. AP Photo
  • US President Joe Biden speaks during the 59th Presidential inauguration in Washington. Reuters
    US President Joe Biden speaks during the 59th Presidential inauguration in Washington. Reuters
  • US President-elect Joe Biden is sworn in as the 46th president of the United States during the 59th presidential inauguration in Washington. Bloomberg
    US President-elect Joe Biden is sworn in as the 46th president of the United States during the 59th presidential inauguration in Washington. Bloomberg
  • Joe Biden is sworn in as the 46th President of the United States as his spouse Jill Biden holds a bible on the West Front of the Capitol in Washington, DC. Reuters
    Joe Biden is sworn in as the 46th President of the United States as his spouse Jill Biden holds a bible on the West Front of the Capitol in Washington, DC. Reuters
  • Kamala Harris is sworn in as vice president by Supreme Court Justice Sonia Sotomayor as her husband Doug Emhoff holds the Bible during the 59th Presidential Inauguration at the US Capitol in Washington, DC. AP
    Kamala Harris is sworn in as vice president by Supreme Court Justice Sonia Sotomayor as her husband Doug Emhoff holds the Bible during the 59th Presidential Inauguration at the US Capitol in Washington, DC. AP
  • Social distancing audience during the inauguration of Joe Biden as the 46th President of the United States. Reuters
    Social distancing audience during the inauguration of Joe Biden as the 46th President of the United States. Reuters
  • Lady Gaga sings the National Anthem at the inauguration of US President-elect Joe Biden. AFP
    Lady Gaga sings the National Anthem at the inauguration of US President-elect Joe Biden. AFP
  • Lady Gaga sings the National Anthem as US Vice President Mike Pence and Vice President-elect Kamala Harris look on. Reuters
    Lady Gaga sings the National Anthem as US Vice President Mike Pence and Vice President-elect Kamala Harris look on. Reuters
  • From left: Doug Emhoff, US Vice President-elect Kamala Harris, incoming US First Lady Jill Biden, US President-elect Joe Biden arrive for the inauguration of Joe Biden as the 46th US President at the US Capitol in Washington, DC. AFP
    From left: Doug Emhoff, US Vice President-elect Kamala Harris, incoming US First Lady Jill Biden, US President-elect Joe Biden arrive for the inauguration of Joe Biden as the 46th US President at the US Capitol in Washington, DC. AFP
  • Former President Barack Obama and his wife Michelle arrive for the 59th Presidential Inauguration at the US Capitol for President-elect Joe Biden. AP Photo
    Former President Barack Obama and his wife Michelle arrive for the 59th Presidential Inauguration at the US Capitol for President-elect Joe Biden. AP Photo
  • Former US President Bill Clinton arrives with former Secretary of State Hillary Clinton to the inauguration of US President-elect Joe Biden on the West Front of the US Capitol. AFP
    Former US President Bill Clinton arrives with former Secretary of State Hillary Clinton to the inauguration of US President-elect Joe Biden on the West Front of the US Capitol. AFP
  • Former US President George W. Bush and his wife Laura Bush arrive for the inauguration of Joe Biden as the 46th President of the United States on the West Front of the US Capitol. Reuters
    Former US President George W. Bush and his wife Laura Bush arrive for the inauguration of Joe Biden as the 46th President of the United States on the West Front of the US Capitol. Reuters
  • Family members of Vice President-elect Kamala Harris attend the inauguration of US President-elect Joe Biden on the West Front of the US Capitol. AFP
    Family members of Vice President-elect Kamala Harris attend the inauguration of US President-elect Joe Biden on the West Front of the US Capitol. AFP
  • The view from the podium where Joe Biden will speak after being sworn-in during the 59th Presidential Inauguration at the US Capitol in Washington, DC. EPA
    The view from the podium where Joe Biden will speak after being sworn-in during the 59th Presidential Inauguration at the US Capitol in Washington, DC. EPA
  • Flags decorate the "Field of Flags" at the National Mall near the Washington Monument ahead of the inauguration of US President-elect Joe Biden. AFP
    Flags decorate the "Field of Flags" at the National Mall near the Washington Monument ahead of the inauguration of US President-elect Joe Biden. AFP
  • President-elect Joe Biden and his wife Jill Biden attend a church service before his presidential inauguration at St Matthews Catholic Church in Washington. Reuters
    President-elect Joe Biden and his wife Jill Biden attend a church service before his presidential inauguration at St Matthews Catholic Church in Washington. Reuters
  • President-elect Joe Biden, his wife Jill Biden, Vice President-elect Kamala Harris and her husband Doug Emhoff attend a church service before his presidential inauguration at St. Matthews Catholic Church. Reuters
    President-elect Joe Biden, his wife Jill Biden, Vice President-elect Kamala Harris and her husband Doug Emhoff attend a church service before his presidential inauguration at St. Matthews Catholic Church. Reuters
  • The West Front of the US Capitol is prepared for the inauguration of US President-elect Joe Biden in Washington, DC. AFP
    The West Front of the US Capitol is prepared for the inauguration of US President-elect Joe Biden in Washington, DC. AFP
  • US singer Lady Gaga arrives for the inauguration of Joe Biden as US President in Washington, DC. EPA
    US singer Lady Gaga arrives for the inauguration of Joe Biden as US President in Washington, DC. EPA
  • Supporters hold American flags as Air Force One, carrying US President Donald Trump, departs during a farewell ceremony at Joint Base Andrews, Maryland. Bloomberg
    Supporters hold American flags as Air Force One, carrying US President Donald Trump, departs during a farewell ceremony at Joint Base Andrews, Maryland. Bloomberg
  • President Donald Trump and first lady Melania Trump wave to a crowd as they board Air Force One at Andrews Air Force Base. AP Photo
    President Donald Trump and first lady Melania Trump wave to a crowd as they board Air Force One at Andrews Air Force Base. AP Photo
  • President Donald Trump speaks to crowd before boarding Air Force One at Andrews Air Force Base. AP Photo
    President Donald Trump speaks to crowd before boarding Air Force One at Andrews Air Force Base. AP Photo
  • The sun rises behind the US Capitol as preparations are made prior to the 59th inaugural ceremony for President-elect Joe Biden and Vice President-elect Kamala Harris on the West Front of the US Capitol in Washington. AFP
    The sun rises behind the US Capitol as preparations are made prior to the 59th inaugural ceremony for President-elect Joe Biden and Vice President-elect Kamala Harris on the West Front of the US Capitol in Washington. AFP

Mr Biden’s maternal great-great-grandparents were born in Ireland during the 1820s and 1830s, which meant “they experienced the Great Famine of the 1840s which decimated Ireland, producing a grim harvest of death, destitution, and mass emigration.” Alluding to the fact that many Irish, especially Irish Catholics, could only enjoy true freedom outside of their homeland at that time, Mr Mulhall added that “our exiles also became a source of support for Ireland as we strove to assert our independence and cultural identity.”

I don’t think it’s too big a stretch to believe that this has informed Mr Biden’s famed capacity for empathy – that his awareness of his own ancestry instils within him a desire to be on the side of the underdog, of those who have suffered. The new president is fond of quoting Irish poets. I can imagine him speaking these lines from The Rebel, by the leader of the Easter Rising, Padraig Pearse:

“Because I am of the people, I understand the people,

I am sorrowful with their sorrow, I am hungry with their desire;

My heart is heavy with the grief of mothers,

My eyes have been wet with the tears of children….

Their shame is my shame, and I have reddened for it

Reddened for that they have served, they who should be free

Reddened for that they have gone in want, while others have been full.”

It all fits with Mr Biden’s stress on “values” and on the US leading “not merely by the example of our power, but by the power of our example”.

Now all of this needs to be tempered by the reality that many countries have very different values to America’s, and one hopes Mr Biden will be pragmatic enough not to try to enforce the US’s “example” on others.

But in these early, optimistic days of his presidency, may one not dream that Mr Biden does not entirely have to obey the dictum: “campaign in poetry, govern in prose”? That Irish soul of his is part of what has uplifted people around the world. May not just the “luck of the Irish” but that romantic muse on which he has so often drawn, remain with him.

Sholto Byrnes is an East Asian affairs columnist for The National

RACECARD
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Key developments

All times UTC 4

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Tips for newlyweds to better manage finances

All couples are unique and have to create a financial blueprint that is most suitable for their relationship, says Vijay Valecha, chief investment officer at Century Financial. He offers his top five tips for couples to better manage their finances.

Discuss your assets and debts: When married, it’s important to understand each other’s personal financial situation. It’s necessary to know upfront what each party brings to the table, as debts and assets affect spending habits and joint loan qualifications. Discussing all aspects of their finances as a couple prevents anyone from being blindsided later.

Decide on the financial/saving goals: Spouses should independently list their top goals and share their lists with one another to shape a joint plan. Writing down clear goals will help them determine how much to save each month, how much to put aside for short-term goals, and how they will reach their long-term financial goals.

Set a budget: A budget can keep the couple be mindful of their income and expenses. With a monthly budget, couples will know exactly how much they can spend in a category each month, how much they have to work with and what spending areas need to be evaluated.

Decide who manages what: When it comes to handling finances, it’s a good idea to decide who manages what. For example, one person might take on the day-to-day bills, while the other tackles long-term investments and retirement plans.

Money date nights: Talking about money should be a healthy, ongoing conversation and couples should not wait for something to go wrong. They should set time aside every month to talk about future financial decisions and see the progress they’ve made together towards accomplishing their goals.

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SPEC SHEET

Display: 6.8" edge quad-HD  dynamic Amoled 2X, Infinity-O, 3088 x 1440, 500ppi, HDR10 , 120Hz

Processor: 4nm Snapdragon 8 Gen 1/Exynos 2200, 8-core

Memory: 8/12GB RAM

Storage: 128/256/512GB/1TB

Platform: Android 12

Main camera: quad 12MP ultra-wide f/2.2, 108MP wide f/1.8, 10MP telephoto f/4.9, 10MP telephoto 2.4; Space Zoom up to 100x, auto HDR, expert RAW

Video: 8K@24fps, 4K@60fps, full-HD@60fps, HD@30fps, super slo-mo@960fps

Front camera: 40MP f/2.2

Battery: 5000mAh, fast wireless charging 2.0 Wireless PowerShare

Connectivity: 5G, Wi-Fi, Bluetooth 5.2, NFC

I/O: USB-C

SIM: single nano, or nano and SIM, nano and nano, eSIM/nano and nano

Colours: burgundy, green, phantom black, phantom white, graphite, sky blue, red

Price: Dh4,699 for 128GB, Dh5,099 for 256GB, Dh5,499 for 512GB; 1TB unavailable in the UAE

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From exhibitions to the battlefield

In 2016, the Shaded Dome was awarded with the 'De Vernufteling' people's choice award, an annual prize by the Dutch Association of Consulting Engineers and the Royal Netherlands Society of Engineers for the most innovative project by a Dutch engineering firm.

It was assigned by the Dutch Ministry of Defence to modify the Shaded Dome to make it suitable for ballistic protection. Royal HaskoningDHV, one of the companies which designed the dome, is an independent international engineering and project management consultancy, leading the way in sustainable development and innovation.

It is driving positive change through innovation and technology, helping use resources more efficiently.

It aims to minimise the impact on the environment by leading by example in its projects in sustainable development and innovation, to become part of the solution to a more sustainable society now and into the future.

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

Nepotism is the name of the game

Salman Khan’s father, Salim Khan, is one of Bollywood’s most legendary screenwriters. Through his partnership with co-writer Javed Akhtar, Salim is credited with having paved the path for the Indian film industry’s blockbuster format in the 1970s. Something his son now rules the roost of. More importantly, the Salim-Javed duo also created the persona of the “angry young man” for Bollywood megastar Amitabh Bachchan in the 1970s, reflecting the angst of the average Indian. In choosing to be the ordinary man’s “hero” as opposed to a thespian in new Bollywood, Salman Khan remains tightly linked to his father’s oeuvre. Thanks dad. 

Tributes from the UAE's personal finance community

• Sebastien Aguilar, who heads SimplyFI.org, a non-profit community where people learn to invest Bogleheads’ style

“It is thanks to Jack Bogle’s work that this community exists and thanks to his work that many investors now get the full benefits of long term, buy and hold stock market investing.

Compared to the industry, investing using the common sense approach of a Boglehead saves a lot in costs and guarantees higher returns than the average actively managed fund over the long term. 

From a personal perspective, learning how to invest using Bogle’s approach was a turning point in my life. I quickly realised there was no point chasing returns and paying expensive advisers or platforms. Once money is taken care off, you can work on what truly matters, such as family, relationships or other projects. I owe Jack Bogle for that.”

• Sam Instone, director of financial advisory firm AES International

"Thought to have saved investors over a trillion dollars, Jack Bogle’s ideas truly changed the way the world invests. Shaped by his own personal experiences, his philosophy and basic rules for investors challenged the status quo of a self-interested global industry and eventually prevailed.  Loathed by many big companies and commission-driven salespeople, he has transformed the way well-informed investors and professional advisers make decisions."

• Demos Kyprianou, a board member of SimplyFI.org

"Jack Bogle for me was a rebel, a revolutionary who changed the industry and gave the little guy like me, a chance. He was also a mentor who inspired me to take the leap and take control of my own finances."

• Steve Cronin, founder of DeadSimpleSaving.com

"Obsessed with reducing fees, Jack Bogle structured Vanguard to be owned by its clients – that way the priority would be fee minimisation for clients rather than profit maximisation for the company.

His real gift to us has been the ability to invest in the stock market (buy and hold for the long term) rather than be forced to speculate (try to make profits in the shorter term) or even worse have others speculate on our behalf.

Bogle has given countless investors the ability to get on with their life while growing their wealth in the background as fast as possible. The Financial Independence movement would barely exist without this."

• Zach Holz, who blogs about financial independence at The Happiest Teacher

"Jack Bogle was one of the greatest forces for wealth democratisation the world has ever seen.  He allowed people a way to be free from the parasitical "financial advisers" whose only real concern are the fat fees they get from selling you over-complicated "products" that have caused millions of people all around the world real harm.”

• Tuan Phan, a board member of SimplyFI.org

"In an industry that’s synonymous with greed, Jack Bogle was a lone wolf, swimming against the tide. When others were incentivised to enrich themselves, he stood by the ‘fiduciary’ standard – something that is badly needed in the financial industry of the UAE."

India team for Sri Lanka series

Test squad: Rohit Sharma (captain), Priyank Panchal, Mayank Agarwal, Virat Kohli, Shreyas Iyer, Hanuma Vihari, Shubhman Gill, Rishabh Pant (wk), KS Bharath (wk), Ravindra Jadeja, Jayant Yadav, Ravichandran Ashwin, Kuldeep Yadav, Sourabh Kumar, Mohammed Siraj, Umesh Yadav, Mohammed Shami, Jasprit Bumrah.

T20 squad: Rohit Sharma (captain), Ruturaj Gaikwad, Shreyas Iyer, Surya Kumar Yadav, Sanju Samson, Ishan Kishan (wk), Venkatesh Iyer, Deepak Chahar, Deepak Hooda, Ravindra Jadeja, Yuzvendra Chahal, Ravi Bishnoi, Kuldeep Yadav, Mohammed Siraj, Bhuvneshwar Kumar, Harshal Patel, Jasprit Bumrah, Avesh Khan

The biog

Born: High Wycombe, England

Favourite vehicle: One with solid axels

Favourite camping spot: Anywhere I can get to.

Favourite road trip: My first trip to Kazakhstan-Kyrgyzstan. The desert they have over there is different and the language made it a bit more challenging.

Favourite spot in the UAE: Al Dhafra. It’s unique, natural, inaccessible, unspoilt.

COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4

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

Changing visa rules

For decades the UAE has granted two and three year visas to foreign workers, tied to their current employer. Now that's changing.

Last year, the UAE cabinet also approved providing 10-year visas to foreigners with investments in the UAE of at least Dh10 million, if non-real estate assets account for at least 60 per cent of the total. Investors can bring their spouses and children into the country.

It also approved five-year residency to owners of UAE real estate worth at least 5 million dirhams.

The government also said that leading academics, medical doctors, scientists, engineers and star students would be eligible for similar long-term visas, without the need for financial investments in the country.

The first batch - 20 finalists for the Mohammed bin Rashid Medal for Scientific Distinction.- were awarded in January and more are expected to follow.

Engine: 80 kWh four-wheel-drive

Transmission: eight-speed automatic

Power: 402bhp

Torque: 760Nm

Price: From Dh280,000

Our legal columnist

Name: Yousef Al Bahar

Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994

Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

Know before you go
  • Jebel Akhdar is a two-hour drive from Muscat airport or a six-hour drive from Dubai. It’s impossible to visit by car unless you have a 4x4. Phone ahead to the hotel to arrange a transfer.
  • If you’re driving, make sure your insurance covers Oman.
  • By air: Budget airlines Air Arabia, Flydubai and SalamAir offer direct routes to Muscat from the UAE.
  • Tourists from the Emirates (UAE nationals not included) must apply for an Omani visa online before arrival at evisa.rop.gov.om. The process typically takes several days.
  • Flash floods are probable due to the terrain and a lack of drainage. Always check the weather before venturing into any canyons or other remote areas and identify a plan of escape that includes high ground, shelter and parking where your car won’t be overtaken by sudden downpours.

 

Company Profile

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

The Beach Bum

Director: Harmony Korine

Stars: Matthew McConaughey, Isla Fisher, Snoop Dogg

Two stars

EMERGENCY PHONE NUMBERS

Estijaba – 8001717 –  number to call to request coronavirus testing

Ministry of Health and Prevention – 80011111

Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre

Emirates airline – 600555555

Etihad Airways – 600555666

Ambulance – 998

Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries

Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

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