Children sit on bags of rice from the World Food Program (WFP) at a school that serves as a shelter for internally displaced people in Baghdad's eastern district of Jamila, Iraq, on 19 June 19, 2015 Karim Kadim/ AP
Children sit on bags of rice from the World Food Program (WFP) at a school that serves as a shelter for internally displaced people in Baghdad's eastern district of Jamila, Iraq, on 19 June 19, 2015 Karim Kadim/ AP
Children sit on bags of rice from the World Food Program (WFP) at a school that serves as a shelter for internally displaced people in Baghdad's eastern district of Jamila, Iraq, on 19 June 19, 2015 Karim Kadim/ AP
Children sit on bags of rice from the World Food Program (WFP) at a school that serves as a shelter for internally displaced people in Baghdad's eastern district of Jamila, Iraq, on 19 June 19, 2015 K

Nobel for WFP is a well-deserved honour


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Long read

Mageed Yahia, director of WFP in UAE: Coronavirus knows no borders, and neither should the response

The World Food Programme, received this year's Nobel Peace Prize in a welcome move that highlights the importance of this United Nations' organisation. The honour is well-deserved and especially appropriate in 2020 given that due to Covid-19, the forecast for global hunger is even graver than before: an additional 130 million people could starve. Figures like these represent the enormity of the challenge WFP faces in giving assistance to the 88 countries they have aided in just the past year.

While Covid-19 has claimed over 1 million lives in 10 months, the threat of global hunger is more dire still. The ambition to eradicate global hunger by 2030 is now uncertain as the world continues to assess the gravity of this year's crisis.

Tens of millions of people already do not get enough to eat. It is this desperate plight that aid organisations strive to alleviate. The Nobel committee rightfully lauded WFP "for its contribution to bettering conditions for peace in conflict-affected areas and for acting as a driving force in efforts to prevent the use of hunger as a weapon of war and conflict."

The number of hungry people might shoot up to 165m at the end of 2020, from the 135m it was last year. Just five years ago it was 85m.

In this globally crippling year, food security has been an especially pressing issue. Several countries have stepped up to join relief efforts. Take the UAE, for instance. In this past year, the UAE has delivered food and medical aid to some of the worst-afflicted countries. The Emirates has dispatched more than 1,485 tonnes of aid to 118 countries. This is the spirit of helping each other that Berit Reiss-Andersen, Chair of the Norwegian Nobel Committee spoke of when she stressed the need for multilateralism and co-operation as a tool to solve global problems such as hunger.
It is then fitting that the Nobel Prize was awarded not to any one individual this year but to an organisation. This is not the first time that has happened. In 2012, for example, the European Union won the award. Twice, in the 1950s and 80s, it went to UNHCR.

In the history of the Nobel, the Middle East has seen some prominent names top the list but not nearly enough. As our columnist Janine di Giovanni has pointed out, there is also not nearly enough recognition for women pioneers in the field of science.

The region has in the past seen winners from across fields. The Prime Minister of Ethiopia Abiy Ahmed won the award last year for making peace with Eritrea. Yazidi activist Nadia Murad won in 2018 for her efforts to end the use of sexual violence as a weapon of war.

When the Egyptian writer Naguib Mahfouz accepted the 1988 Nobel Prize for Literature, he spoke of the great hopes he had for writers of his nation to sit with full merit among international writers "in this grief-ridden world of ours."

  • A staff member of the World Food Programme checks boxes that arrived, mostly personal protective equipment (PPE), at Ethiopian Airlines' cargo facility at the Bole International Airport in Addis Ababa, Ethiopia, on April 14. Samuel Habtab / AFP
    A staff member of the World Food Programme checks boxes that arrived, mostly personal protective equipment (PPE), at Ethiopian Airlines' cargo facility at the Bole International Airport in Addis Ababa, Ethiopia, on April 14. Samuel Habtab / AFP
  • A girl waits outside her home in Cairo to see if she and her family will get a carton filled with food from the non-governmental organisation Resala Nour Ala Nour. Nariman El-Mofty / AFP
    A girl waits outside her home in Cairo to see if she and her family will get a carton filled with food from the non-governmental organisation Resala Nour Ala Nour. Nariman El-Mofty / AFP
  • An Egyptian worker distributes food boxes by the Egyptian Food Bank to people who have lost their jobs due to the pandemic, in New Cairo, Egypt. Khaled Elfiqi / EPA
    An Egyptian worker distributes food boxes by the Egyptian Food Bank to people who have lost their jobs due to the pandemic, in New Cairo, Egypt. Khaled Elfiqi / EPA
  • A security force member stands guard as women line up to receive rations distributed by the World Food Programme in Herat, Afghanistan, 31 March. Jalil Rezayee / EPA
    A security force member stands guard as women line up to receive rations distributed by the World Food Programme in Herat, Afghanistan, 31 March. Jalil Rezayee / EPA
  • Rohingya refugees at the Kutupalong refugee camp in Cox’s Bazar, Bangladesh. Aid workers are bracing for a possible outbreak of coronavirus in one of the world's largest refugee camps in Bangladesh. Officials warn that containing the disease among more than one million tightly packed Rohingya Muslims will be a daunting task. Suzauddin Rubel / AP
    Rohingya refugees at the Kutupalong refugee camp in Cox’s Bazar, Bangladesh. Aid workers are bracing for a possible outbreak of coronavirus in one of the world's largest refugee camps in Bangladesh. Officials warn that containing the disease among more than one million tightly packed Rohingya Muslims will be a daunting task. Suzauddin Rubel / AP
  • Palestinian workers at the United Nation Relief and Works Agency prepare rations for refugee families at Al Shatea refugee camp, Gaza City. Mohammed Saber / EPA
    Palestinian workers at the United Nation Relief and Works Agency prepare rations for refugee families at Al Shatea refugee camp, Gaza City. Mohammed Saber / EPA
  • A volunteer prepares boxes with food and other basic goods at the Montessori School grounds in Nairobi, Kenya. The boxes will be delivered in the slums to people affected by the measures adopted by the Kenyan Government to stop the spread of Covid-19. Luis Tato / AFP
    A volunteer prepares boxes with food and other basic goods at the Montessori School grounds in Nairobi, Kenya. The boxes will be delivered in the slums to people affected by the measures adopted by the Kenyan Government to stop the spread of Covid-19. Luis Tato / AFP
  • Boxes with food and other basic goods that are delivered to people in Nairobi's slums affected by the measures adopted by the Kenyan Government to stop the spread of Covid-19, March 28. Luis Tato / AFP
    Boxes with food and other basic goods that are delivered to people in Nairobi's slums affected by the measures adopted by the Kenyan Government to stop the spread of Covid-19, March 28. Luis Tato / AFP
  • Aid boxes prepared by a volunteer to be delivered in the slums in Nairobi, Kenya on March 28. Luis Tato / AFP
    Aid boxes prepared by a volunteer to be delivered in the slums in Nairobi, Kenya on March 28. Luis Tato / AFP

Today, in a year as critical and demanding as 2020, it is the turn of an organisation, not an individual, whose urgent work must be applauded.

David Beasley, the WFP chief referencing the “family” of aid workers – the 17,000 employees of WFP said: "They're out there in the most difficult, complex places in the world. Whether it's war, conflict, climate extremes... it doesn't matter, they're out there. And they deserve this award."

UK’s AI plan
  • AI ambassadors such as MIT economist Simon Johnson, Monzo cofounder Tom Blomfield and Google DeepMind’s Raia Hadsell
  • £10bn AI growth zone in South Wales to create 5,000 jobs
  • £100m of government support for startups building AI hardware products
  • £250m to train new AI models
It Was Just an Accident

Director: Jafar Panahi

Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr

Rating: 4/5

Zimbabwe v UAE, ODI series

All matches at the Harare Sports Club:

1st ODI, Wednesday, April 10

2nd ODI, Friday, April 12

3rd ODI, Sunday, April 14

4th ODI, Tuesday, April 16

UAE squad: Mohammed Naveed (captain), Rohan Mustafa, Ashfaq Ahmed, Shaiman Anwar, Mohammed Usman, CP Rizwan, Chirag Suri, Mohammed Boota, Ghulam Shabber, Sultan Ahmed, Imran Haider, Amir Hayat, Zahoor Khan, Qadeer Ahmed

ULTRA PROCESSED FOODS

- Carbonated drinks, sweet or savoury packaged snacks, confectionery, mass-produced packaged breads and buns 

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The specs

Engine: 5.2-litre V10

Power: 640hp at 8,000rpm

Torque: 565Nm at 6,500rpm

Transmission: 7-speed dual-clutch auto

Price: From Dh1 million

On sale: Q3 or Q4 2022 

Story of 2017-18 so far and schedule to come

Roll of Honour

Who has won what so far in the West Asia rugby season?

 

Western Clubs Champions League

Winners: Abu Dhabi Harlequins

Runners up: Bahrain

 

Dubai Rugby Sevens

Winners: Dubai Exiles

Runners up: Jebel Ali Dragons

 

West Asia Premiership

Winners: Jebel Ali Dragons

Runners up: Abu Dhabi Harlequins

 

UAE Premiership Cup

Winners: Abu Dhabi Harlequins

Runners up: Dubai Exiles

 

Fixtures

Friday

West Asia Cup final

5pm, Bahrain (6pm UAE time), Bahrain v Dubai Exiles

 

West Asia Trophy final

3pm, The Sevens, Dubai Hurricanes v Dubai Sports City Eagles

 

Friday, April 13

UAE Premiership final

5pm, Al Ain, Dubai Exiles v Abu Dhabi Harlequins

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

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.”

Profile

Company name: Jaib

Started: January 2018

Co-founders: Fouad Jeryes and Sinan Taifour

Based: Jordan

Sector: FinTech

Total transactions: over $800,000 since January, 2018

Investors in Jaib's mother company Alpha Apps: Aramex and 500 Startups

McLaren GT specs

Engine: 4-litre twin-turbo V8

Transmission: seven-speed

Power: 620bhp

Torque: 630Nm

Price: Dh875,000

On sale: now

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Indoor cricket in a nutshell

Indoor Cricket World Cup – Sep 16-20, Insportz, Dubai

16 Indoor cricket matches are 16 overs per side

8 There are eight players per team

There have been nine Indoor Cricket World Cups for men. Australia have won every one.

5 Five runs are deducted from the score when a wickets falls

Batsmen bat in pairs, facing four overs per partnership

Scoring In indoor cricket, runs are scored by way of both physical and bonus runs. Physical runs are scored by both batsmen completing a run from one crease to the other. Bonus runs are scored when the ball hits a net in different zones, but only when at least one physical run is score.

Zones

A Front net, behind the striker and wicketkeeper: 0 runs

B Side nets, between the striker and halfway down the pitch: 1 run

Side nets between halfway and the bowlers end: 2 runs

Back net: 4 runs on the bounce, 6 runs on the full

Know your cyber adversaries

Cryptojacking: Compromises a device or network to mine cryptocurrencies without an organisation's knowledge.

Distributed denial-of-service: Floods systems, servers or networks with information, effectively blocking them.

Man-in-the-middle attack: Intercepts two-way communication to obtain information, spy on participants or alter the outcome.

Malware: Installs itself in a network when a user clicks on a compromised link or email attachment.

Phishing: Aims to secure personal information, such as passwords and credit card numbers.

Ransomware: Encrypts user data, denying access and demands a payment to decrypt it.

Spyware: Collects information without the user's knowledge, which is then passed on to bad actors.

Trojans: Create a backdoor into systems, which becomes a point of entry for an attack.

Viruses: Infect applications in a system and replicate themselves as they go, just like their biological counterparts.

Worms: Send copies of themselves to other users or contacts. They don't attack the system, but they overload it.

Zero-day exploit: Exploits a vulnerability in software before a fix is found.

The bio:

Favourite holiday destination: I really enjoyed Sri Lanka and Vietnam but my dream destination is the Maldives.

Favourite food: My mum’s Chinese cooking.

Favourite film: Robocop, followed by The Terminator.

Hobbies: Off-roading, scuba diving, playing squash and going to the gym.

 

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Tips for entertaining with ease

·         Set the table the night before. It’s a small job but it will make you feel more organised once done.

·         As the host, your mood sets the tone. If people arrive to find you red-faced and harried, they’re not going to relax until you do. Take a deep breath and try to exude calm energy.

·         Guests tend to turn up thirsty. Fill a big jug with iced water and lemon or lime slices and encourage people to help themselves.

·         Have some background music on to help create a bit of ambience and fill any initial lulls in conversations.

·         The meal certainly doesn’t need to be ready the moment your guests step through the door, but if there’s a nibble or two that can be passed around it will ward off hunger pangs and buy you a bit more time in the kitchen.

·         You absolutely don’t have to make every element of the brunch from scratch. Take inspiration from our ideas for ready-made extras and by all means pick up a store-bought dessert.

 

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

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Age 26

Born May 17, 1991

Height 1.80 metres

Birthplace Sydney, Australia

Residence Eastbourne, England

Plays Right-handed

WTA titles 3

Prize money US$5,761,870 (Dh21,162,343.75)

Wins / losses 312 / 181

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

On sale: Now

Price: From Dh149,900

Long read

Mageed Yahia, director of WFP in UAE: Coronavirus knows no borders, and neither should the response