Turkey's President Recep Tayyip Erdogan addresses the audience in a recorded speech during the World Government Summit in Dubai. AP
Turkey's President Recep Tayyip Erdogan addresses the audience in a recorded speech during the World Government Summit in Dubai. AP
Turkey's President Recep Tayyip Erdogan addresses the audience in a recorded speech during the World Government Summit in Dubai. AP
Turkey's President Recep Tayyip Erdogan addresses the audience in a recorded speech during the World Government Summit in Dubai. AP


World Government Summit has become a key link in the chain of global problem solving


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February 15, 2023

If ever there was a time for dialogue, it is now. As the World Government Summit in Dubai gathered pace on its second day, its diverse array of topics and speakers revealed how the region and the world are in a state of flux, facing risks and opportunities.

Some of those challenges were laid out yesterday by Dr Sultan Al Jaber, Cop28 President-designate, who said world needed a "major course correction” in its approach to climate change.

Dr Al Jaber, who is also Minister of Industry and Advanced Technology, said the “hard reality” was that global emissions must fall 43 per cent by 2030. He told attendees that there needed to be a “shift from incremental steps to transformational progress”.

Cop28 – which will take place in the UAE later this year – will be the first global stocktake of climate action since the Paris Agreement of 2015, Dr Al Jaber said – but "we already know that we are way off track, we know we are playing catch up".

Acute crises – such as the devastation wrought in Turkey and Syria by last week’s earthquake – were also brought home to the summit, with a video message from Turkish President Recep Tayyip Erdogan yesterday stating that 31,600 people have died in the south of the country so far.

Mr Erdogan said Turkey received had messages of solidarity from more than 100 countries, including the UAE, and expressed gratitude for international attempts to aid the search, rescue and recovery effort.

Elsewhere at the summit there were accounts of challenges met. Egyptian President Abdel Fattah El Sisi used his keynote speech to reveal that his first task as leader had been to address the desperation and loss of hope felt by many Egyptians during the turmoil of the Arab uprisings.

Dr Sultan Al Jaber, President-designate of Cop28, told attendees that there needed to be a 'shift from incremental steps to transformational progress' on climate change. AP
Dr Sultan Al Jaber, President-designate of Cop28, told attendees that there needed to be a 'shift from incremental steps to transformational progress' on climate change. AP

He described Egypt’s subsequent economic reforms as well as its attempts to tackle climate change and population growth. Last year the country hosted the Cop27 climate summit – a far cry from the uncertainty and unrest of a decade ago.

Despite the urgency of existential topics like the climate, the summit has also been a forum for ambition and optimism. On Monday, International Monetary Fund managing director Kristalina Georgieva described how Gulf economies were performing well due to the “relentless” pursuit of reforms and not just because of high oil and gas prices.

Award-winning British actor Idris Elba told attendees how smartphones and easy editing tools had democratised filmmaking, most significantly for young people in the developing world. And on the sidelines of the summit, Ahmed Bahrozyan, chief executive of Dubai’s Public Transport Agency, told The National that the emirate’s dream of a network of flying taxis could soon be realised.

We already know that we are way off track; we know we are playing catch up
Dr Sultan Al Jaber,
President-designate of Cop28

But as technology like this – once confined to the realm of science fiction – gradually becomes a reality, the summit also heard from US pop star and entrepreneur will.i.am about how the tech field needs more people of colour who can program to reduce algorithm biases, moulding for the better the software and devices that are going to shape our lives.

Away from high-concept economics and technology, there has also been a focus on society and helping people stricken by catastrophe. Dr Mike Ryan, executive director of the World Health Organisation’s Health Emergencies Programme, who had recently returned from a trip to earthquake-hit Syria, told a session at the summit that although innovation was needed “we must remember that emergencies begin and end in our communities”.

The earthquake in Turkey and Syria, with all its devastation and loss of life, loomed large at this year’s event, with Unicef’s director of Global Private Fundraising and Partnerships, Carla Haddad Mardini, warning of the mental health toll on survivors – an issue that will last for many years.

Co-operating to overcome global challenges and make the most of opportunities was a key theme at the summit and it extended even into the realm of space exploration.

As governments and the private sector work ever more closely to explore space, the UAE’s Assistant Minister of Foreign Affairs and International Co-operation for Advanced Science and Technology, Omran Sharaf, told attendees that space organisations should not only sell services, but also “share knowledge openly” with emerging nations.

Climate, the economy, technology, space, health, international co-operation – the list of subjects discussed at the World Government Summit goes on. It reflects the breadth of issues facing a world in a state of rapid, irreversible change.

That the summit acts as an important forum for dialogue can be seen in the leading figures who are addressing it. Yesterday featured contributions from UN secretary general Antonio Guterres, Dr Tedros Adhanom Ghebreyesus, director general of the WHO and Klaus Schwab, founder of the World Economic Forum.

The scale of the tasks and challenges ahead can seem overwhelming, but one thing is for sure – an international coming together of informed, experienced and expert voices will lead to a better outcome.

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

Day 5, Dubai Test: At a glance

Moment of the day Given the problems Sri Lanka have had in recent times, it was apt the winning catch was taken by Dinesh Chandimal. He is one of seven different captains Sri Lanka have had in just the past two years. He leads in understated fashion, but by example. His century in the first innings of this series set the shock win in motion.

Stat of the day This was the ninth Test Pakistan have lost in their past 11 matches, a run that started when they lost the final match of their three-Test series against West Indies in Sharjah last year. They have not drawn a match in almost two years and 19 matches, since they were held by England at the Zayed Cricket Stadium in Abu Dhabi in 2015.

The verdict Mickey Arthur basically acknowledged he had erred by basing Pakistan’s gameplan around three seam bowlers and asking for pitches with plenty of grass in Abu Dhabi and Sharjah. Why would Pakistan want to change the method that has treated them so well on these grounds in the past 10 years? It is unlikely Misbah-ul-Haq would have made the same mistake.

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Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
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  • Option 3: 30% across five years 
if you go

The flights
Flydubai offers three daily direct flights to Sarajevo and, from June, a daily flight from Thessaloniki from Dubai. A return flight costs from Dhs1,905 including taxes.
The trip 
The Travel Scientists are the organisers of the Balkan Ride and several other rallies around the world. The 2018 running of this particular adventure will take place from August 3-11, once again starting in Sarajevo and ending a week later in Thessaloniki. If you’re driving your own vehicle, then entry start from €880 (Dhs 3,900) per person including all accommodation along the route. Contact the Travel Scientists if you wish to hire one of their vehicles. 

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

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BMW M5 specs

Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor

Power: 727hp

Torque: 1,000Nm

Transmission: 8-speed auto

Fuel consumption: 10.6L/100km

On sale: Now

Price: From Dh650,000

Scoreline

Germany 2

Werner 9', Sane 19'

Netherlands 2

Promes 85', Van Dijk 90'

RACE CARD

6.30pm: Handicap (Turf) US$175,000 1,000m
7.05pm: Al Bastakiya Trial Conditions (Dirt) $100,000 1,900m
7.40pm: Al Rashidiya Group 2 (T) $250,000 1,800m
8.15pm: Handicap (D) $135,000 2,000m
8.50pm: Al Fahidi Fort Group 2 (T) $250,000 1,400m
9.25pm: Handicap (T) $135,000 2,410m.

A MINECRAFT MOVIE

Director: Jared Hess

Starring: Jack Black, Jennifer Coolidge, Jason Momoa

Rating: 3/5

Wenger's Arsenal reign in numbers

1,228 - games at the helm, ahead of Sunday's Premier League fixture against West Ham United.
704 - wins to date as Arsenal manager.
3 - Premier League title wins, the last during an unbeaten Invincibles campaign of 2003/04.
1,549 - goals scored in Premier League matches by Wenger's teams.
10 - major trophies won.
473 - Premier League victories.
7 - FA Cup triumphs, with three of those having come the last four seasons.
151 - Premier League losses.
21 - full seasons in charge.
49 - games unbeaten in the Premier League from May 2003 to October 2004.

GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

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Famous left-handers

- Marie Curie

- Jimi Hendrix

- Leonardo Di Vinci

- David Bowie

- Paul McCartney

- Albert Einstein

- Jack the Ripper

- Barack Obama

- Helen Keller

- Joan of Arc

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What to watch out for:

Algae, waste coffee grounds and orange peels will be used in the pavilion's walls and gangways

The hulls of three ships will be used for the roof

The hulls will painted to make the largest Italian tricolour in the country’s history

Several pillars more than 20 metres high will support the structure

Roughly 15 tonnes of steel will be used

What is an ETF?

An exchange traded fund is a type of investment fund that can be traded quickly and easily, just like stocks and shares. They come with no upfront costs aside from your brokerage's dealing charges and annual fees, which are far lower than on traditional mutual investment funds. Charges are as low as 0.03 per cent on one of the very cheapest (and most popular), Vanguard S&P 500 ETF, with the maximum around 0.75 per cent.

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The first ETF was launched as recently as 1993, but the sector boasted $5.78 billion in assets under management at the end of September as inflows hit record highs, according to the latest figures from ETFGI, a leading independent research and consultancy firm.

There are thousands to choose from, with the five largest providers BlackRock’s iShares, Vanguard, State Street Global Advisers, Deutsche Bank X-trackers and Invesco PowerShares.

While the best-known track major indices such as MSCI World, the S&P 500 and FTSE 100, you can also invest in specific countries or regions, large, medium or small companies, government bonds, gold, crude oil, cocoa, water, carbon, cattle, corn futures, currency shifts or even a stock market crash. 

Lampedusa: Gateway to Europe
Pietro Bartolo and Lidia Tilotta
Quercus

Series result

1st ODI Zimbabwe won by 6 wickets

2nd ODI Sri Lanka won by 7 wickets

3rd ODI Sri Lanka won by 8 wickets

4th ODI Zimbabwe won by 4 wickets

5th ODI Zimbabwe won by 3 wickets

Updated: February 15, 2023, 4:55 AM