I completely agree with Justin Thomas that lifestyle is about spending quality time with loved ones ('Luxurious lifestyle' in the UAE really just empty consumerism? August 11).
Unfortunately, empty consumerism has overwhelmed our lives. It has been ingrained in our brain that driving expensive cars and carrying designer bags can buy us happiness. But it is like running on a treadmill. No matter how much we run, we are still standing in the same place. After spending on luxurious lifestyle, we still find ourselves at the same place, wanting to buy more. It is a vicious cycle.
I have recently started reading The Minimalists and it will take me a while to be one. At least, I am no longer trapped in that cycle.
Meenu Goenka, Duabi
Milk from a billy goat is not a ‘miracle’
I refer to the article Milk from a billy goat ... no kidding (August 20). There is no "miracle" here, but this is also not a rubbish claim. The goat in question may have a condition known as galactorrhoea. This is defined by production of milk when there is no baby to be fed, and can actually happen in human males as well.
The usual cause is a benign brain tumour known as a pituitary prolactinoma, which secretes the hormone prolactin in large amounts. Males have a small amount of residual breast tissue, which becomes stimulated when this hormone is secreted – normal males would not have significant secretion of this hormone.
I am surprised the vets did not recognise this condition. In humans, an MRI scan of the brain would clearly show a tumour if there is one.
There are other rare hormonal causes too, but it is by no means impossible for a male mammal to grow breast tissue (in this case udders) and secrete milk. It is, however, always an indication of disease in males.
Dr Shereen Habib, Abu Dhabi
Price uniforms more sensibly
Uniforms promote a sense of discipline, neatness and a feeling of belonging (A look at one of the big-ticket items on the back-to-school list – uniforms, August 21). What kind of materialistic example does that set? Coming to the point of monopoly, uniforms are ridiculously expensive. Surely they can be priced more sensibly.
Jayadevi Machaya Palekanda, US
Global funds look for secure zones
John Everington's report on DIFC fund domiciliation ('DIFC rules overhauled to attract more funds', August 20) highlights key changes to the administration to make it more attractive to international funds, and introduces a new class of funds altogether – the qualified investment fund.
In my interview-based research on the UAE’s financial services regulation for my Master’s, one chief reason that international funds may be still mulling over establishing a branch in the DIFC is that – while the free zone embodies international financial law and best practice – it is technically a different jurisdiction from the rest of the UAE.
This creates a discrepancy for such fund houses who would come to the UAE to pitch to the larger money – ie, sovereign wealth funds (SWF) and family offices. If you are domiciled in the DIFC, you cannot without a few exceptions offer your services outside the DIFC, since you would be operating outside the boundaries of your regulatory body. Since SWFs and family offices are elsewhere in the UAE, you will be breaching the jurisdictional boundaries in attempting to reach your target investors.
While in reality lots of business cross pollinates between companies inside and outside the DIFC, such a discrepancy – according to feedback received from lawyers and fund houses – is one reason why the fund houses’ risk-averse headquarters in London, New York or Switzerland may be cautious: they do not want to fall foul of the local jurisdictional laws in a technical sense, which already might be foreign to them in other aspects already.
BJ Roberts, Dubai
Killing of Qassem Suleimani
APPLE IPAD MINI (A17 PRO)
Display: 21cm Liquid Retina Display, 2266 x 1488, 326ppi, 500 nits
Chip: Apple A17 Pro, 6-core CPU, 5-core GPU, 16-core Neural Engine
Storage: 128/256/512GB
Main camera: 12MP wide, f/1.8, digital zoom up to 5x, Smart HDR 4
Front camera: 12MP ultra-wide, f/2.4, Smart HDR 4, full-HD @ 25/30/60fps
Biometrics: Touch ID, Face ID
Colours: Blue, purple, space grey, starlight
In the box: iPad mini, USB-C cable, 20W USB-C power adapter
Price: From Dh2,099
The specs
Engine: 2-litre 4-cylinder and 3.6-litre 6-cylinder
Power: 220 and 280 horsepower
Torque: 350 and 360Nm
Transmission: eight-speed automatic
Price: from Dh136,521 VAT and Dh166,464 VAT
On sale: now
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%3Cp%3E%3Cstrong%3EDeveloper%3A%20%3C%2Fstrong%3ETribute%20Games%3Cbr%3E%3Cstrong%3EPublisher%3A%3C%2Fstrong%3E%20Dotemu%3Cbr%3E%3Cstrong%3EConsoles%3A%20%3C%2Fstrong%3ENintendo%20Switch%2C%20PlayStation%204%26amp%3B5%2C%20PC%20and%20Xbox%20One%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
Dubai Bling season three
Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed
Rating: 1/5
The cost of Covid testing around the world
Egypt
Dh514 for citizens; Dh865 for tourists
Information can be found through VFS Global.
Jordan
Dh212
Centres include the Speciality Hospital, which now offers drive-through testing.
Cambodia
Dh478
Travel tests are managed by the Ministry of Health and National Institute of Public Health.
Zanzibar
AED 295
Zanzibar Public Health Emergency Operations Centre, located within the Lumumba Secondary School compound.
Abu Dhabi
Dh85
Abu Dhabi’s Seha has test centres throughout the UAE.
UK
From Dh400
Heathrow Airport now offers drive through and clinic-based testing, starting from Dh400 and up to Dh500 for the PCR test.
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
In Search of Mary Shelley: The Girl Who Wrote Frankenstein
By Fiona Sampson
Profile
DUNE%3A%20PART%20TWO
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Denis%20Villeneuve%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Timothee%20Chamalet%2C%20Zendaya%2C%20Austin%20Butler%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%205%2F5%3C%2Fp%3E%0A
Company%20Profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Hoopla%3Cbr%3E%3Cstrong%3EDate%20started%3A%20%3C%2Fstrong%3EMarch%202023%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Jacqueline%20Perrottet%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%2010%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3EPre-seed%3Cbr%3E%3Cstrong%3EInvestment%20required%3A%3C%2Fstrong%3E%20%24500%2C000%3C%2Fp%3E%0A
COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
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.
Founders: Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Albabtain.
Based: Riyadh
Offices: UAE, Vietnam and Germany
Founded: September, 2020
Number of employees: 70
Sector: FinTech, online payment solutions
Funding to date: $116m in two funding rounds
Investors: Checkout.com, Impact46, Vision Ventures, Wealth Well, Seedra, Khwarizmi, Hala Ventures, Nama Ventures and family offices
COMPANY%20PROFILE%20
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3EAlmouneer%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202017%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Dr%20Noha%20Khater%20and%20Rania%20Kadry%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EEgypt%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%20%3C%2Fstrong%3E120%3Cbr%3E%3Cstrong%3EInvestment%3A%20%3C%2Fstrong%3EBootstrapped%2C%20with%20support%20from%20Insead%20and%20Egyptian%20government%2C%20seed%20round%20of%20%3Cbr%3E%243.6%20million%20led%20by%20Global%20Ventures%3Cbr%3E%3C%2Fp%3E%0A