James Winslow recovering after his accident / Courtesy James Winslow
James Winslow recovering after his accident / Courtesy James Winslow

India should not become dependent on foreign investment



In reference to your front-page story Davos 2018: India's Modi warns against protectionism by Claire Corkery, Narendra Modi made a scintillating presentation showcasing India as a future investment destination. He has promised that red tape will be replaced by a red carpet. This is great.

However, a red carpet cannot be spread over the dilapidated roads of most Indian cities. Nor will healthy living be possible in smog-impacted cities like Delhi. The government should ensure that the performance matches the promise. The indignation of Mr Modi against protection is understandable. India and China wish to welcome more investment and export goods and talent to the US. However, US President Donald Trump would like to protect American jobs and encourage American production to create more jobs for locals.

"America First" was Mr Trump's election platform and he will stand by it. Moreover, as Ms Corkery writes in her article, India must also focus on decreasing inequalities among its own people. An Oxfam report states that 1 per cent of India garnered 73 per cent of the national wealth in 2017. Naturally, there will be anger and bitterness. Instead of seeking growth based on foreign investment alone, India should get its own house in order first.

Rajendra Aneja, Dubai

Kudos to The National's coverage of Davos 2018

The video broadcast from Davos by The National's editor-in-chief was excellent and analysed the Swiss summit very well. Industrialisation 4.0 needs international guidance since the shift will come very fast (and is actually already happening) and civilians and governments have to be prepared. We can create a wonderful future for all people around the world with unlimited abundance for everyone and a new age for civilisation.

Sabine Balve, Abu Dhabi

We need a non-narcotic solution to pain

In reference to your article Opioid drug manufacturers accused of 'murder' by New York: addiction is biological and no doctor or pharmaceutical company can predict who will become addicted. As the population gets older, medications that deal with debilitating pain are needed more than ever. This won't stop addictive medication from being prescribed but I hope it could lead to a non-narcotic solution.

Beverly Newell, Ras Al Khaimah

Injecting camels with chemicals is cruel

I refer to your story Saudi camel beauty festival: 12 entrants disqualified for Botox use; I think it is beyond ridiculous and cruel to inject camels' lips with Botox.

Dina Karrar, Paris

The UAE wishes James Winslow a speedy recovery

In response to the story Racing driver who fractured spine at Yas Marina Circuit expects full recovery, may God bless James Winslow, the driver. Glad to know he is recovering well.

Melanie Rose, Dubai

The specs

Engine: 5.0-litre supercharged V8

Transmission: Eight-speed auto

Power: 575bhp

Torque: 700Nm

Price: Dh554,000

On sale: now

THE SPECS

Engine: Four-cylinder 2.5-litre

Transmission: Seven-speed auto

Power: 165hp

Torque: 241Nm

Price: Dh99,900 to Dh134,000

On sale: now

The specs: 2018 Chevrolet Trailblazer

Price, base / as tested Dh99,000 / Dh132,000

Engine 3.6L V6

Transmission: Six-speed automatic

Power 275hp @ 6,000rpm

Torque 350Nm @ 3,700rpm

Fuel economy combined 12.2L / 100km

SPECS

Engine: 2-litre direct injection turbo
Transmission: 7-speed automatic
Power: 261hp
Torque: 400Nm
Price: From Dh134,999

UK record temperature

38.7C (101.7F) set in Cambridge in 2019

EMIRATES'S REVISED A350 DEPLOYMENT SCHEDULE

Edinburgh: November 4 (unchanged)

Bahrain: November 15 (from September 15); second daily service from January 1

Kuwait: November 15 (from September 16)

Mumbai: January 1 (from October 27)

Ahmedabad: January 1 (from October 27)

Colombo: January 2 (from January 1)

Muscat: March 1 (from December 1)

Lyon: March 1 (from December 1)

Bologna: March 1 (from December 1)

Source: Emirates

Sarfira

Director: Sudha Kongara Prasad

Starring: Akshay Kumar, Radhika Madan, Paresh Rawal

Rating: 2/5

Motori Profile

Date started: March 2020

Co-founder/CEO: Ahmed Eissa

Based: UAE, Abu Dhabi

Sector: Insurance Sector

Size: 50 full-time employees (Inside and Outside UAE)

Stage: Seed stage and seeking Series A round of financing 

Investors: Safe City Group

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.

 

Company profile

Company name: Fasset
Started: 2019
Founders: Mohammad Raafi Hossain, Daniel Ahmed
Based: Dubai
Sector: FinTech
Initial investment: $2.45 million
Current number of staff: 86
Investment stage: Pre-series B
Investors: Investcorp, Liberty City Ventures, Fatima Gobi Ventures, Primal Capital, Wealthwell Ventures, FHS Capital, VN2 Capital, local family offices

The First Monday in May
Director:
Andrew Rossi
Starring: Anna Wintour, Karl Lagerfeld, John Paul Gaultier, Rihanna
Three stars

Keane on …

Liverpool’s Uefa Champions League bid: “They’re great. With the attacking force they have, for me, they’re certainly one of the favourites. You look at the teams left in it - they’re capable of scoring against anybody at any given time. Defensively they’ve been good, so I don’t see any reason why they couldn’t go on and win it.”

Mohamed Salah’s debut campaign at Anfield: “Unbelievable. He’s been phenomenal. You can name the front three, but for him on a personal level, he’s been unreal. He’s been great to watch and hopefully he can continue now until the end of the season - which I’m sure he will, because he’s been in fine form. He’s been incredible this season.”

Zlatan Ibrahimovic’s instant impact at former club LA Galaxy: “Brilliant. It’s been a great start for him and for the club. They were crying out for another big name there. They were lacking that, for the prestige of LA Galaxy. And now they have one of the finest stars. I hope they can go win something this year.”

The biog

Born: near Sialkot, Pakistan, 1981

Profession: Driver

Family: wife, son (11), daughter (8)

Favourite drink: chai karak

Favourite place in Dubai: The neighbourhood of Khawaneej. “When I see the old houses over there, near the date palms, I can be reminded of my old times. If I don’t go down I cannot recall my old times.”

PROFILE OF SWVL

Started: April 2017

Founders: Mostafa Kandil, Ahmed Sabbah and Mahmoud Nouh

Based: Cairo, Egypt

Sector: transport

Size: 450+ employees

Investment: approximately $80 million

Investors include: Dubai’s Beco Capital, US’s Endeavor Catalyst, China’s MSA, Egypt’s Sawari Ventures, Sweden’s Vostok New Ventures, Property Finder CEO Michael Lahyani

Company Profile

Company: Astra Tech
Started: March 2022
Based: Dubai
Founder: Abdallah Abu Sheikh
Industry: technology investment and development
Funding size: $500m

Babumoshai Bandookbaaz

Director: Kushan Nandy

Starring: Nawazuddin Siddiqui, Bidita Bag, Jatin Goswami

Three stars