Britain's Queen Elizabeth II during her platinum jubilee celebrations in London. AFP
Britain's Queen Elizabeth II during her platinum jubilee celebrations in London. AFP
Britain's Queen Elizabeth II during her platinum jubilee celebrations in London. AFP
Britain's Queen Elizabeth II during her platinum jubilee celebrations in London. AFP


Queen Elizabeth's platinum jubilee: 70 years of harmony


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June 03, 2022

It is perhaps easy to forget the details of a British coronation ceremony, so long has it been since one was necessary. The new monarch swears to maintain the Church of England, as well as to "cause Law and Justice, in Mercy, to be executed". This pledge is made in front of every aspect of the British state, from the Prime Minister to the Archbishop of Canterbury – and latterly, thanks to the advent of television, the subjects themselves. In 1953, 27 million people in the UK watched as Queen Elizabeth II was crowned.

That generation will now join with those born since in celebration of her platinum jubilee, marking 70 years on the throne. The longevity of her reign alone makes her one of the most significant royals in British history. But back in June 1953, very little was known about the 25-year-old. And there was even less certainty about the direction the UK would go during her reign.

She vowed to govern not just the people of the UK, but also those of "Canada, Australia, New Zealand, the Union of South Africa, Pakistan, and Ceylon, and of your Possessions and the other Territories". But this colonial reality was already unravelling. India, the former "Jewel in the Crown", had left in 1947. Three years into her reign Britain, France and Israel launched a failed attempt to recapture the Suez Canal after it was reclaimed by the post-colonial administration in Egypt led by Gamal Abdel Nasser. It was a humiliating defeat and a moment many view as the death knell for western imperialism.

  • Britain's Queen Elizabeth II leads the lighting of the principal jubilee beacon, part of the platinum jubilee celebrations, at Windsor Castle. Reuters
    Britain's Queen Elizabeth II leads the lighting of the principal jubilee beacon, part of the platinum jubilee celebrations, at Windsor Castle. Reuters
  • Fireworks explode above Blackpool Tower to celebrate the jubilee. Reuters
    Fireworks explode above Blackpool Tower to celebrate the jubilee. Reuters
  • The 'Tree Of Trees' by designer Thomas Heatherwick at a special ceremony for the lighting of the principal beacon at Buckingham Palace, London. AFP
    The 'Tree Of Trees' by designer Thomas Heatherwick at a special ceremony for the lighting of the principal beacon at Buckingham Palace, London. AFP
  • Thousands wait for the royal family to appear on the balcony of Buckingham Palace, on the first day of celebrations to mark Queen Elizabeth II's platinum jubilee. AP
    Thousands wait for the royal family to appear on the balcony of Buckingham Palace, on the first day of celebrations to mark Queen Elizabeth II's platinum jubilee. AP
  • The Trooping the Colour ceremony is carried out at Horse Guards, London. AP
    The Trooping the Colour ceremony is carried out at Horse Guards, London. AP
  • French President Emmanuel Macron stands next to British ambassador to France Menna Rawlings, after rekindling the flame under the Arc de Triomphe in Paris to mark the British queen's platinum jubilee. Reuters
    French President Emmanuel Macron stands next to British ambassador to France Menna Rawlings, after rekindling the flame under the Arc de Triomphe in Paris to mark the British queen's platinum jubilee. Reuters
  • Francis Mwangi, 13, uses an Oculus virtual reality headset to visit Buckingham Palace virtually during platinum jubilee celebrations in Nyeri, Kenya. Reuters
    Francis Mwangi, 13, uses an Oculus virtual reality headset to visit Buckingham Palace virtually during platinum jubilee celebrations in Nyeri, Kenya. Reuters
  • The Red Arrows perform a flypast over the Horse Guards parade, London. Trooping The Colour is a military ceremony performed by regiments of the British Army. It has taken place since the mid-17th century. Getty Images
    The Red Arrows perform a flypast over the Horse Guards parade, London. Trooping The Colour is a military ceremony performed by regiments of the British Army. It has taken place since the mid-17th century. Getty Images
  • Prince Louis holds his ears as he stands next to Queen Elizabeth, his mother Catherine, Duchess of Cambridge, Princess Charlotte and Prince George to watch a special flypast from the Buckingham Palace balcony. AFP
    Prince Louis holds his ears as he stands next to Queen Elizabeth, his mother Catherine, Duchess of Cambridge, Princess Charlotte and Prince George to watch a special flypast from the Buckingham Palace balcony. AFP
  • Crowds gather to watch a flypast by the Red Arrows during Queen Elizabeth's platinum jubilee celebrations. EPA
    Crowds gather to watch a flypast by the Red Arrows during Queen Elizabeth's platinum jubilee celebrations. EPA
  • Royal fans wear Queen Elizabeth masks during jubilee celebrations. EPA
    Royal fans wear Queen Elizabeth masks during jubilee celebrations. EPA
  • Camilla, Duchess of Cornwall, and Prince Charles greet royal well-wishers near Buckingham Palace. Bloomberg
    Camilla, Duchess of Cornwall, and Prince Charles greet royal well-wishers near Buckingham Palace. Bloomberg
  • Spectators watch the RAF flypast on The Mall after the Trooping the Colour parade in London. Getty Images
    Spectators watch the RAF flypast on The Mall after the Trooping the Colour parade in London. Getty Images
  • The RAF flypast on The Mall to mark the 70th anniversary of the accession of Queen Elizabeth II on February 6, 1952. Getty Images
    The RAF flypast on The Mall to mark the 70th anniversary of the accession of Queen Elizabeth II on February 6, 1952. Getty Images
  • From left, the Duchess of Cornwall, the Prince of Wales , Queen Elizabeth II , the Duchess of Cambridge, Prince Louis, Princess Charlotte, Prince George, and the Duke of Cambridge, on the balcony of Buckingham Palace to view the RAF flypast on day one of the platinum jubilee celebrations. PA
    From left, the Duchess of Cornwall, the Prince of Wales , Queen Elizabeth II , the Duchess of Cambridge, Prince Louis, Princess Charlotte, Prince George, and the Duke of Cambridge, on the balcony of Buckingham Palace to view the RAF flypast on day one of the platinum jubilee celebrations. PA
  • Members of the public fill The Mall ahead of a fly-past over Buckingham Palace during Trooping The Colour in London. Trooping The Colour, also known as The Queen's Birthday Parade, is a military ceremony performed by regiments of the British Army that has taken place since the mid-17th century. Getty Images
    Members of the public fill The Mall ahead of a fly-past over Buckingham Palace during Trooping The Colour in London. Trooping The Colour, also known as The Queen's Birthday Parade, is a military ceremony performed by regiments of the British Army that has taken place since the mid-17th century. Getty Images
  • Members of the Honourable Artillery Company perform a gun salute during celebrations to mark the platinum jubilee of Britain's Queen Elizabeth II, at the Tower of London. Reuters
    Members of the Honourable Artillery Company perform a gun salute during celebrations to mark the platinum jubilee of Britain's Queen Elizabeth II, at the Tower of London. Reuters
  • The Royal Gun Salute in Cardiff to mark the start of the platinum jubilee weekend. AP
    The Royal Gun Salute in Cardiff to mark the start of the platinum jubilee weekend. AP
  • Queen Elizabeth II watches from the balcony during Trooping the Colour at Horse Guards Parade, central London, on day one of the platinum jubilee weekend celebrations. PA
    Queen Elizabeth II watches from the balcony during Trooping the Colour at Horse Guards Parade, central London, on day one of the platinum jubilee weekend celebrations. PA
  • Prince Charles being driven to the parade. Getty
    Prince Charles being driven to the parade. Getty
  • Camilla, Duchess of Cornwall, with Catherine, Duchess of Cambridge at the Trooping the Colour parade. Getty
    Camilla, Duchess of Cornwall, with Catherine, Duchess of Cambridge at the Trooping the Colour parade. Getty
  • Police officers intervene as protesters try to disrupt the ceremony during the queen's platinum Jubilee celebrations on The Mall in London. Reuters
    Police officers intervene as protesters try to disrupt the ceremony during the queen's platinum Jubilee celebrations on The Mall in London. Reuters
  • The Mall is packed for the wekeend's celebrations. PA
    The Mall is packed for the wekeend's celebrations. PA
  • The Kings Troop of the Royal Horse Artillery ride down The Mall on their way to fire the ceremonial gun. AP
    The Kings Troop of the Royal Horse Artillery ride down The Mall on their way to fire the ceremonial gun. AP
  • (L-R) Prince George of Cambridge, Prince Louis of Cambridge and Princess Charlotte of Cambridge travel in a horse-drawn carriage during Trooping The Colour. Getty
    (L-R) Prince George of Cambridge, Prince Louis of Cambridge and Princess Charlotte of Cambridge travel in a horse-drawn carriage during Trooping The Colour. Getty
  • An Irish wolfhound leads as soldiers march along The Mall. AP
    An Irish wolfhound leads as soldiers march along The Mall. AP
  • Prince Edward and his wife Sophie, Countess of Wessex ride in a carriage as the Royal Procession leaves Buckingham Palace for the Trooping the Color ceremony. AP
    Prince Edward and his wife Sophie, Countess of Wessex ride in a carriage as the Royal Procession leaves Buckingham Palace for the Trooping the Color ceremony. AP
  • The BT tower in central London bears a message to Queen Elizabeth II. AFP
    The BT tower in central London bears a message to Queen Elizabeth II. AFP
  • The 206 Battery of the Royal Artillery, the Ulster Gunners, fire a midday commemorative gun salute in honour of the beginning of the queen's platinum jubilee celebrations, at Hillsborough Castle, Northern Ireland. Reuters
    The 206 Battery of the Royal Artillery, the Ulster Gunners, fire a midday commemorative gun salute in honour of the beginning of the queen's platinum jubilee celebrations, at Hillsborough Castle, Northern Ireland. Reuters
  • Sydney Harbour Bridge is illuminated in 'Royal Purple' to mark the 70th anniversary of the coronation of Queen Elizabeth II. AP
    Sydney Harbour Bridge is illuminated in 'Royal Purple' to mark the 70th anniversary of the coronation of Queen Elizabeth II. AP
  • The 105th Regiment Royal Artillery, The Scottish and Ulster Gunners during the royal gun salute at Edinburgh Castle. PA
    The 105th Regiment Royal Artillery, The Scottish and Ulster Gunners during the royal gun salute at Edinburgh Castle. PA
  • Marching in Horse Guards Parade, central London. Getty
    Marching in Horse Guards Parade, central London. Getty
  • People gather at The Mall in London to celebrate Queen Elizabeth II's platinum jubilee. Reuters
    People gather at The Mall in London to celebrate Queen Elizabeth II's platinum jubilee. Reuters
  • Camilla, Duchess of Cornwall, is driven along The Mall. Huge crowds are expected in the city as the UK marks the jubilee. AFP
    Camilla, Duchess of Cornwall, is driven along The Mall. Huge crowds are expected in the city as the UK marks the jubilee. AFP
  • The Band of the Welsh Guards make their way to the Trooping the Colour event in London. AP
    The Band of the Welsh Guards make their way to the Trooping the Colour event in London. AP
  • The platinum jubilee marks the 70th anniversary of the queen taking the throne. Reuters
    The platinum jubilee marks the 70th anniversary of the queen taking the throne. Reuters
  • Jubilant crowds in London. Reuters
    Jubilant crowds in London. Reuters
  • A Buckingham Palace staff member cleans the balcony where the queen is expected to wave to well-wishers. AFP
    A Buckingham Palace staff member cleans the balcony where the queen is expected to wave to well-wishers. AFP
  • A man walks his corgis Chuckles and Bunting down The Mall during the celebrations. Reuters
    A man walks his corgis Chuckles and Bunting down The Mall during the celebrations. Reuters
  • Police officers cycle down The Mall. Reuters
    Police officers cycle down The Mall. Reuters
  • The Royal Regiment of New Zealand Artillery fires field guns at Point Jerningham, to mark the 70th anniversary of the coronation of Queen Elizabeth II, in Wellington, New Zealand. AP
    The Royal Regiment of New Zealand Artillery fires field guns at Point Jerningham, to mark the 70th anniversary of the coronation of Queen Elizabeth II, in Wellington, New Zealand. AP
  • The official platinum jubilee portrait of Queen Elizabeth, taken at Windsor Castle recently. Photo: Buckingham Palace
    The official platinum jubilee portrait of Queen Elizabeth, taken at Windsor Castle recently. Photo: Buckingham Palace
  • Larry the Cat, Chief Mouser to the Cabinet Office, sits outside Downing Street, London, adorned in bunting before the platinum jubilee celebrations, in London. AP
    Larry the Cat, Chief Mouser to the Cabinet Office, sits outside Downing Street, London, adorned in bunting before the platinum jubilee celebrations, in London. AP
  • A look-alike of Queen Elizabeth waves at people in London. The queen's platinum jubilee will be celebrated from June 2 to June 5 to mark the 70th anniversary of her accession to the throne on February 6, 1952. EPA
    A look-alike of Queen Elizabeth waves at people in London. The queen's platinum jubilee will be celebrated from June 2 to June 5 to mark the 70th anniversary of her accession to the throne on February 6, 1952. EPA
  • People walk along The Mall in London, before the start of the Queen's platinum jubilee weekend. AP
    People walk along The Mall in London, before the start of the Queen's platinum jubilee weekend. AP
  • Joseph Afrane, 58, originally from Ghana, lives in Battersea, London, and is planning to attend all the official platinum jubilee events. PA
    Joseph Afrane, 58, originally from Ghana, lives in Battersea, London, and is planning to attend all the official platinum jubilee events. PA
  • Twins Linda Whitfield and Janice Jones, 59, from County Durham, are camping on The Mall to ensure they have a good view of the celebrations. PA
    Twins Linda Whitfield and Janice Jones, 59, from County Durham, are camping on The Mall to ensure they have a good view of the celebrations. PA
  • Members of the public walk through Piccadilly Circus before the platinum jubilee celebrations for Queen Elizabeth. AFP
    Members of the public walk through Piccadilly Circus before the platinum jubilee celebrations for Queen Elizabeth. AFP

Change was also happening within the UK. The devastation of the Second World War, which most of the Queen's subjects had lived through, bankrupted the economy and changed politics and society. The calls for recognition from under-represented groups, particularly women and colonial subjects, both of whom made great sacrifices during the war, would spell an end to the previous social order.

Since then, 14 British Prime Ministers have grappled with such issues on a political level. The Queen has followed them closely with weekly conversations. While she stays out of political decision-making, this astonishing breadth of historical experience is an asset to the country. Barely anyone knows anything about the content of these interactions, making this secret knowledge just one of the many fascinating aspects of her reign.

Another gift is her ability to pick up on the mood of the nation. She has always chosen to be close to people. She carried out 341 official engagements at the age of 89. This commitment was never as important as during the pandemic. Almost 24 million people watched a rare special address she made in March 2020. An image of her sitting alone at her husband's funeral, sticking to Covid-19 regulations, became a symbol of the country’s sacrifice.

A benefit of monarchies is the stability they can embody. The past few decades have been the fastest-changing era in history. Queen Elizabeth is one of the few leaders who has been in the public eye throughout, remaining an example of the responsible use and respect of power. Today, such harmony is a gold standard to which future UK monarchs should aspire.

ICC Women's T20 World Cup Asia Qualifier 2025, Thailand

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May 13, v Malaysia
May 15, v Qatar
May 18 and 19, semi-finals
May 20, final

Gothia Cup 2025

4,872 matches 

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116 pitches

76 nations

26 UAE teams

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Although similar in its appearance, the concept of a fractional title deed is unlike that of a timeshare, which usually involves multiple investors buying “time” in a property whereby the owner has the right to occupation for a specified period of time in any year, as opposed to the actual real estate, said John Peacock, Head of Indirect Tax and Conveyancing, BSA Ahmad Bin Hezeem & Associates, a law firm.

EU Russia

The EU imports 90 per cent  of the natural gas used to generate electricity, heat homes and supply industry, with Russia supplying almost 40 per cent of EU gas and a quarter of its oil. 

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Cyber crime - This includes fraud, impersonation, scams and deepfake technology, tactics that are increasingly targeting infrastructure and exploiting human vulnerabilities.
Cyber terrorism - Social media platforms are used to spread radical ideologies, misinformation and disinformation, often with the aim of disrupting critical infrastructure such as power grids.
Cyber warfare - Shaped by geopolitical tension, hostile actors seek to infiltrate and compromise national infrastructure, using one country’s systems as a springboard to launch attacks on others.

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

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Based: Dubai and Bahrain
Sector: FinTech
Initial investment: $150,000
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The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

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

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Defined Contribution Plan (DC) 

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The five pillars of Islam

1. Fasting 

2. Prayer 

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4. Shahada 

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Jewel of the Expo 2020

252 projectors installed on Al Wasl dome

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550 tonnes of moulded steel were raised last year to cap the dome

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The size of 16 tennis courts and weighs as much as 500 elephants

Al Wasl means connection in Arabic

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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.”

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The Birkin bag is made by Hermès. 
It is named after actress and singer Jane Birkin
Noone from Hermès will go on record to say how much a new Birkin costs, how long one would have to wait to get one, and how many bags are actually made each year.

World record transfers

1. Kylian Mbappe - to Real Madrid in 2017/18 - €180 million (Dh770.4m - if a deal goes through)
2. Paul Pogba - to Manchester United in 2016/17 - €105m
3. Gareth Bale - to Real Madrid in 2013/14 - €101m
4. Cristiano Ronaldo - to Real Madrid in 2009/10 - €94m
5. Gonzalo Higuain - to Juventus in 2016/17 - €90m
6. Neymar - to Barcelona in 2013/14 - €88.2m
7. Romelu Lukaku - to Manchester United in 2017/18 - €84.7m
8. Luis Suarez - to Barcelona in 2014/15 - €81.72m
9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m

In numbers: PKK’s money network in Europe

Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010

Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille

Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm

Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year

Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”

Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners

TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013 

500 People from Gaza enter France

115 Special programme for artists

25   Evacuation of injured and sick

Updated: June 03, 2022, 3:55 AM