• Lebenese soldiers keep watch as several hundred people protest in the northern city of Tripoli on April 17, 2020 despite the country's coronavirus lockdown, marking six months since the country was rocked by mass rallies over government corruption and economic hardships. AFP
    Lebenese soldiers keep watch as several hundred people protest in the northern city of Tripoli on April 17, 2020 despite the country's coronavirus lockdown, marking six months since the country was rocked by mass rallies over government corruption and economic hardships. AFP
  • Lebanese people protest in the northern city of Tripoli on April 17, 2020 despite the country's coronavirus lockdown. AFP
    Lebanese people protest in the northern city of Tripoli on April 17, 2020 despite the country's coronavirus lockdown. AFP
  • Lebanese people protest in the northern city of Tripoli on April 17, 2020 despite the country's coronavirus lockdown. AFP
    Lebanese people protest in the northern city of Tripoli on April 17, 2020 despite the country's coronavirus lockdown. AFP
  • Several hundred Lebanese people protest in the northern city of Tripoli on April 17, 2020 despite the country's coronavirus lockdown. AFP
    Several hundred Lebanese people protest in the northern city of Tripoli on April 17, 2020 despite the country's coronavirus lockdown. AFP
  • epa08366817 A woman hangs a sign on her balcony with phrases protesting domestic violence against women in Beirut, Lebanon, on April 16, 2020. The protest is organizing by ABAAD, a non-profit, non-politically affiliated, non-religious civil association that aims to achieve gender equality as an essential condition to sustainable social and economic development in the MENA region. EPA
    epa08366817 A woman hangs a sign on her balcony with phrases protesting domestic violence against women in Beirut, Lebanon, on April 16, 2020. The protest is organizing by ABAAD, a non-profit, non-politically affiliated, non-religious civil association that aims to achieve gender equality as an essential condition to sustainable social and economic development in the MENA region. EPA
  • Lebanese people protest in the northern city of Tripoli on April 17, 2020 despite the country's coronavirus lockdown. AFP
    Lebanese people protest in the northern city of Tripoli on April 17, 2020 despite the country's coronavirus lockdown. AFP
  • Lebanese people protest in the northern city of Tripoli on April 17, 2020 despite the country's coronavirus lockdown. AFP
    Lebanese people protest in the northern city of Tripoli on April 17, 2020 despite the country's coronavirus lockdown. AFP
  • Lebanese soldier wearing masks keep watch as people protest in the northern city of Tripoli on April 17, 2020 despite the country's coronavirus lockdown. AFP
    Lebanese soldier wearing masks keep watch as people protest in the northern city of Tripoli on April 17, 2020 despite the country's coronavirus lockdown. AFP
  • Several hundred Lebanese people protest in the northern city of Tripoli on April 17, 2020 despite the country's coronavirus lockdown. AFP
    Several hundred Lebanese people protest in the northern city of Tripoli on April 17, 2020 despite the country's coronavirus lockdown. AFP

Lebanon's protest movement is far from over


  • English
  • Arabic

In Lebanon, there has been a belief recently that the confinement due to the novel coronavirus pandemic has benefited corrupt politicians in the country. Because people have not been allowed into the streets, this view goes, the protest movement that began last October has been deflated.

There is a major problem with such a judgment. As the Lebanese economy continues to collapse, with the pound having lost more than half of its value since the protests began, the idea that people will remain passive is wholly unrealistic. Indeed, in the past two weeks protests have taken place in poorer areas of Lebanon, albeit with people wearing masks. And protests in which people remain in their cars are continuing this week.

Many Lebanese earn daily wages and the enforced confinement has meant that large numbers of people have been without any income for weeks. It has become a common refrain to hear the poor say they would prefer to die from the coronavirus than from hunger. A social explosion is inevitable unless the economic situation in the country starts showing the possibility of amelioration.

A stronger case could be made that Lebanon’s political class is far more worried by what the consequences of coronavirus are for its lock on the political and economic system than it is reassured by the resulting containment measures on a disgruntled population.

The reason is that most politicians are now trapped.

The pandemic has imposed economic burdens on societies all over the world, in the form of the opportunity costs of lost or delayed business and the heightened direct costs of dealing with the disease. In Lebanon, the situation is even more dire, which means that the Lebanese authorities now have no realistic alternative but to go to the International Monetary Fund for a bailout.

  • A Lebanese policeman fines a motorist for violating strict measures that allow vehicles with even or odd plate numbers to drive for three days a week each and Sundays will be banned for driving, as part of a plan to help stem the spread of the coronavirus, in Beirut, Lebanon. AP Photo
    A Lebanese policeman fines a motorist for violating strict measures that allow vehicles with even or odd plate numbers to drive for three days a week each and Sundays will be banned for driving, as part of a plan to help stem the spread of the coronavirus, in Beirut, Lebanon. AP Photo
  • Customers wearing face masks and gloves queue outside a supermarket, during a lockdown to prevent the spread of coronavirus disease (COVID-19) in Beirut, Lebanon. REUTERS
    Customers wearing face masks and gloves queue outside a supermarket, during a lockdown to prevent the spread of coronavirus disease (COVID-19) in Beirut, Lebanon. REUTERS
  • Abu-Hattab rides his horse on a deserted street after security forces began implementing strict measures that allow vehicles with even or odd plate numbers to drive for three days a week each and Sundays will be banned for all driving, as part of a plan to help stem the spread of the coronavirus, in Beirut, Lebanon. AP Photo
    Abu-Hattab rides his horse on a deserted street after security forces began implementing strict measures that allow vehicles with even or odd plate numbers to drive for three days a week each and Sundays will be banned for all driving, as part of a plan to help stem the spread of the coronavirus, in Beirut, Lebanon. AP Photo
  • A Lebanese woman sits at her home's entrance during confinement due to the COVID-19 pandemic, in the historic part of the southern coastal city of Saida. Lebanon's President called on international donors to provide financial assistance to the crisis-hit country as it grapples with a severe economic downturn compounded by the novel coronavirus pandemic. AFP
    A Lebanese woman sits at her home's entrance during confinement due to the COVID-19 pandemic, in the historic part of the southern coastal city of Saida. Lebanon's President called on international donors to provide financial assistance to the crisis-hit country as it grapples with a severe economic downturn compounded by the novel coronavirus pandemic. AFP
  • A Lebanese man sitting by a fresh produce stall checks his phone in the market of the historic part of the southern coastal city of Saida. Lebanon's President called on international donors to provide financial assistance to the crisis-hit country as it grapples with a severe economic downturn compounded by the novel coronavirus pandemic. AFP
    A Lebanese man sitting by a fresh produce stall checks his phone in the market of the historic part of the southern coastal city of Saida. Lebanon's President called on international donors to provide financial assistance to the crisis-hit country as it grapples with a severe economic downturn compounded by the novel coronavirus pandemic. AFP
  • Lebanese security forces stop vehicles at a highway checkpoint in Nahr al-Kalb, north of the Lebanese capital Beirut, as authorities implemented further measures restricting the movement of cars, trucks and motorcycles to three assigned days per week. AFP
    Lebanese security forces stop vehicles at a highway checkpoint in Nahr al-Kalb, north of the Lebanese capital Beirut, as authorities implemented further measures restricting the movement of cars, trucks and motorcycles to three assigned days per week. AFP
  • A driver argues with Lebanese policemen after he received a fine for violating strict measures that allow vehicles with even or odd plate numbers to drive for three days a week each and Sundays will be banned for driving, as part of a plan to help stem the spread of the coronavirus, in Beirut, Lebanon. AP Photo
    A driver argues with Lebanese policemen after he received a fine for violating strict measures that allow vehicles with even or odd plate numbers to drive for three days a week each and Sundays will be banned for driving, as part of a plan to help stem the spread of the coronavirus, in Beirut, Lebanon. AP Photo
  • A Lebanese man stands by his pigeon pen on the roof of his house in the historic part of the southern coastal city of Saida. Lebanon's President called on international donors to provide financial assistance to the crisis-hit country as it grapples with a severe economic downturn compounded by the novel coronavirus pandemic. AFP
    A Lebanese man stands by his pigeon pen on the roof of his house in the historic part of the southern coastal city of Saida. Lebanon's President called on international donors to provide financial assistance to the crisis-hit country as it grapples with a severe economic downturn compounded by the novel coronavirus pandemic. AFP

This is a step many politicians would have liked to avoid. If Lebanon is dependent on outside financial assistance, this can be leveraged in return for genuine economic reforms. That could mean the political class would have less control over Lebanon’s economy, which has served as its cash cow and instrument of patronage. Hezbollah, Lebanon's most powerful party, expressed its uneasiness many weeks ago, warning that the IMF would not be allowed to “manage” Lebanon’s financial crisis.

Today, such protests sound absurd. With Lebanon in vital need of foreign currency to import food, medicine, and fuel, there is no latitude to avoid going to the IMF, unless the political class wants to face a social backlash, with no prospect that the situation will improve in the coming years. The implications for the ability of the political elite to maintain its control could be catastrophic.

Lebanese Speaker of the Parliament Nabih Berri. Reuters
Lebanese Speaker of the Parliament Nabih Berri. Reuters

One individual who may be more vulnerable than most is the speaker of parliament, Nabih Berri. When the protests began, Mr Berri was accused by protestors in the south of embodying the worst features of the political elite, and a rest house in the city of Tyre owned by his wife was burned down. Since then, the speaker has gone overboard in portraying himself as a defender of the people.

Mr Berri, unlike his communal partner (and sometimes rival) Hezbollah, does not have the means to absorb popular discontent. His principal method of patronage was to place people in state institutions. Yet the state today is bankrupt and the salaries of most of his political clients have shrunk. Mr Berri would likely have much more trouble dealing with popular displeasure than Hezbollah.

As Lebanon's economy continues to collapse, the idea that people will remain passive is wildly unrealistic

Nor is Mr Berri alone. The reaction against the political class for having plundered the country and impoverished much of the population has spared very few leaders. They are aware of this, which is why if the situation deteriorates further, their hold on the levers of the state will slip. An IMF bailout could at least inject needed liquidity into the economy, improving matters somewhat.

Yet to say that the politicians are cornered fails to tell the whole story. With many countries in urgent need of IMF assistance due to the coronavirus, Lebanon is one among a long list requiring aid. Unless it can formulate a reform programme that can convince the fund's board, the Lebanese will be on their own. If that happens, Beirut's politicians may have to approve of serious reform measures that eat into their networks of corruption.

This is not necessarily a cause for optimism. What is likely to transpire is that each politician will try to protect his own slice of the national pie, to the detriment of the others. That means that reform will proceed chaotically. The ultimate result may be an improvement in the economy, but the absence of a consensus around a reform programme will mean that the Lebanese will suffer needlessly.

Lebanon’s protests have not ended. As dark times settle in, they may not even have truly begun. By forcing the politicians to make tough choices, the coronavirus has created a dilemma from which they may not escape. They will be squeezed by the IMF, but without it their power will erode amid burgeoning distress.

Michael Young is editor of Diwan, the blog of the Carnegie Middle East programme, in Beirut

Company%20profile
%3Cp%3EName%3A%20Tabby%3Cbr%3EFounded%3A%20August%202019%3B%20platform%20went%20live%20in%20February%202020%3Cbr%3EFounder%2FCEO%3A%20Hosam%20Arab%2C%20co-founder%3A%20Daniil%20Barkalov%3Cbr%3EBased%3A%20Dubai%2C%20UAE%3Cbr%3ESector%3A%20Payments%3Cbr%3ESize%3A%2040-50%20employees%3Cbr%3EStage%3A%20Series%20A%3Cbr%3EInvestors%3A%20Arbor%20Ventures%2C%20Mubadala%20Capital%2C%20Wamda%20Capital%2C%20STV%2C%20Raed%20Ventures%2C%20Global%20Founders%20Capital%2C%20JIMCO%2C%20Global%20Ventures%2C%20Venture%20Souq%2C%20Outliers%20VC%2C%20MSA%20Capital%2C%20HOF%20and%20AB%20Accelerator.%3Cbr%3E%3C%2Fp%3E%0A
MIDWAY

Produced: Lionsgate Films, Shanghai Ryui Entertainment, Street Light Entertainment
Directed: Roland Emmerich
Cast: Ed Skrein, Woody Harrelson, Dennis Quaid, Aaron Eckhart, Luke Evans, Nick Jonas, Mandy Moore, Darren Criss
Rating: 3.5/5 stars

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

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Juliot Vinolia’s checklist for adopting alternate-day fasting

-      Don’t do it more than once in three days

-      Don’t go under 700 calories on fasting days

-      Ensure there is sufficient water intake, as the body can go in dehydration mode

-      Ensure there is enough roughage (fibre) in the food on fasting days as well

-      Do not binge on processed or fatty foods on non-fasting days

-      Complement fasting with plant-based foods, fruits, vegetables, seafood. Cut out processed meats and processed carbohydrates

-      Manage your sleep

-      People with existing gastric or mental health issues should avoid fasting

-      Do not fast for prolonged periods without supervision by a qualified expert

FIXTURES

Thu Mar 15 – West Indies v Afghanistan, UAE v Scotland
Fri Mar 16 – Ireland v Zimbabwe
Sun Mar 18 – Ireland v Scotland
Mon Mar 19 – West Indies v Zimbabwe
Tue Mar 20 – UAE v Afghanistan
Wed Mar 21 – West Indies v Scotland
Thu Mar 22 – UAE v Zimbabwe
Fri Mar 23 – Ireland v Afghanistan

The top two teams qualify for the World Cup

Classification matches
The top-placed side out of Papua New Guinea, Hong Kong or Nepal will be granted one-day international status. UAE and Scotland have already won ODI status, having qualified for the Super Six.

Thu Mar 15 – Netherlands v Hong Kong, PNG v Nepal
Sat Mar 17 – 7th-8th place playoff, 9th-10th place playoff

The%20stats%20and%20facts
%3Cp%3E1.9%20million%20women%20are%20at%20risk%20of%20developing%20cervical%20cancer%20in%20the%20UAE%3C%2Fp%3E%0A%3Cp%3E80%25%20of%20people%2C%20females%20and%20males%2C%20will%20get%20human%20papillomavirus%20(HPV)%20once%20in%20their%20lifetime%3C%2Fp%3E%0A%3Cp%3EOut%20of%20more%20than%20100%20types%20of%20HPV%2C%2014%20strains%20are%20cancer-causing%3C%2Fp%3E%0A%3Cp%3E99.9%25%20of%20cervical%20cancers%20are%20caused%20by%20the%20virus%3C%2Fp%3E%0A%3Cp%3EA%20five-year%20survival%20rate%20of%20close%20to%2096%25%20can%20be%20achieved%20with%20regular%20screenings%20for%20cervical%20cancer%20detection%3C%2Fp%3E%0A%3Cp%3EWomen%20aged%2025%20to%2029%20should%20get%20a%20Pap%20smear%20every%20three%20years%3C%2Fp%3E%0A%3Cp%3EWomen%20aged%2030%20to%2065%20should%20do%20a%20Pap%20smear%20and%20HPV%20test%20every%20five%20years%3C%2Fp%3E%0A%3Cp%3EChildren%20aged%2013%20and%20above%20should%20get%20the%20HPV%20vaccine%3C%2Fp%3E%0A
Easter%20Sunday
%3Cp%3EDirector%3A%20Jay%20Chandrasekhar%3Cbr%3EStars%3A%20Jo%20Koy%2C%20Tia%20Carrere%2C%20Brandon%20Wardell%2C%20Lydia%20Gaston%3Cbr%3ERating%3A%203.5%2F5%3C%2Fp%3E%0A
BULKWHIZ PROFILE

Date started: February 2017

Founders: Amira Rashad (CEO), Yusuf Saber (CTO), Mahmoud Sayedahmed (adviser), Reda Bouraoui (adviser)

Based: Dubai, UAE

Sector: E-commerce 

Size: 50 employees

Funding: approximately $6m

Investors: Beco Capital, Enabling Future and Wain in the UAE; China's MSA Capital; 500 Startups; Faith Capital and Savour Ventures in Kuwait

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

MATCH INFO

Uefa Champions League semi-finals, first leg
Liverpool v Roma

When: April 24, 10.45pm kick-off (UAE)
Where: Anfield, Liverpool
Live: BeIN Sports HD
Second leg: May 2, Stadio Olimpico, Rome

SRI LANKS ODI SQUAD

Perera (capt), Mendis, Gunathilaka, de Silva, Nissanka, Shanaka, Bandara, Hasaranga, Udana, Dananjaya, Dickwella, Chameera, Mendis, Fernando, Sandakan, Karunaratne, Fernando, Fernando.

Specs

Engine: Dual-motor all-wheel-drive electric

Range: Up to 610km

Power: 905hp

Torque: 985Nm

Price: From Dh439,000

Available: Now

Credits

Produced by: Colour Yellow Productions and Eros Now
Director: Mudassar Aziz
Cast: Sonakshi Sinha, Jimmy Sheirgill, Jassi Gill, Piyush Mishra, Diana Penty, Aparshakti Khurrana
Star rating: 2.5/5

Museum of the Future in numbers
  •  78 metres is the height of the museum
  •  30,000 square metres is its total area
  •  17,000 square metres is the length of the stainless steel facade
  •  14 kilometres is the length of LED lights used on the facade
  •  1,024 individual pieces make up the exterior 
  •  7 floors in all, with one for administrative offices
  •  2,400 diagonally intersecting steel members frame the torus shape
  •  100 species of trees and plants dot the gardens
  •  Dh145 is the price of a ticket
Best Foreign Language Film nominees

Capernaum (Lebanon)

Cold War (Poland)

Never Look Away (Germany)

Roma (Mexico)

Shoplifters (Japan)

UAE currency: the story behind the money in your pockets
From exhibitions to the battlefield

In 2016, the Shaded Dome was awarded with the 'De Vernufteling' people's choice award, an annual prize by the Dutch Association of Consulting Engineers and the Royal Netherlands Society of Engineers for the most innovative project by a Dutch engineering firm.

It was assigned by the Dutch Ministry of Defence to modify the Shaded Dome to make it suitable for ballistic protection. Royal HaskoningDHV, one of the companies which designed the dome, is an independent international engineering and project management consultancy, leading the way in sustainable development and innovation.

It is driving positive change through innovation and technology, helping use resources more efficiently.

It aims to minimise the impact on the environment by leading by example in its projects in sustainable development and innovation, to become part of the solution to a more sustainable society now and into the future.

Common%20symptoms%20of%20MS
%3Cul%3E%0A%3Cli%3EFatigue%3C%2Fli%3E%0A%3Cli%3Enumbness%20and%20tingling%3C%2Fli%3E%0A%3Cli%3ELoss%20of%20balance%20and%20dizziness%3C%2Fli%3E%0A%3Cli%3EStiffness%20or%20spasms%3C%2Fli%3E%0A%3Cli%3ETremor%3C%2Fli%3E%0A%3Cli%3EPain%3C%2Fli%3E%0A%3Cli%3EBladder%20problems%3C%2Fli%3E%0A%3Cli%3EBowel%20trouble%3C%2Fli%3E%0A%3Cli%3EVision%20problems%3C%2Fli%3E%0A%3Cli%3EProblems%20with%20memory%20and%20thinking%3C%2Fli%3E%0A%3C%2Ful%3E%0A
How%20champions%20are%20made
%3Cp%3E%0D%3Cstrong%3EDiet%3C%2Fstrong%3E%20%0D%3Cbr%3E7am%20-%20Protein%20shake%20with%20oats%20and%20fruits%0D%3Cbr%3E10am%20-%205-6%20egg%20whites%0D%3Cbr%3E1pm%20-%20White%20rice%20or%20chapati%20(Indian%20bread)%20with%20chicken%0D%3Cbr%3E4pm%20-%20Dry%20fruits%20%0D%3Cbr%3E7.30pm%20-%20Pre%20workout%20meal%20%E2%80%93%20grilled%20fish%20or%20chicken%20with%20veggies%20and%20fruits%0D%3Cbr%3E8.30pm%20to%20midnight%20workout%0D%3Cbr%3E12.30am%20%E2%80%93%20Protein%20shake%20%0D%3Cbr%3E%3Cstrong%3ETotal%20intake%3A%3C%2Fstrong%3E%204000-4500%20calories%20%0D%3Cbr%3E%3Cstrong%3ESaidu%E2%80%99s%20weight%3A%3C%2Fstrong%3E%20110%20kg%0D%3Cbr%3E%3Cstrong%3EStats%3A%3C%2Fstrong%3E%20Biceps%2019%20inches.%20Forearms%2018%20inches%3C%2Fp%3E%0A
The Bio

Name: Lynn Davison

Profession: History teacher at Al Yasmina Academy, Abu Dhabi

Children: She has one son, Casey, 28

Hometown: Pontefract, West Yorkshire in the UK

Favourite book: The Alchemist by Paulo Coelho

Favourite Author: CJ Sansom

Favourite holiday destination: Bali

Favourite food: A Sunday roast

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part one: how cars came to the UAE

 

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.

FIGHT%20CARD
%3Cp%3E%3Cstrong%3EFeatherweight%204%20rounds%3A%3C%2Fstrong%3E%3Cbr%3EYousuf%20Ali%20(2-0-0)%20(win-loss-draw)%20v%20Alex%20Semugenyi%20(0-1-0)%3Cbr%3E%3Cstrong%3EWelterweight%206%20rounds%3A%3C%2Fstrong%3E%3Cbr%3EBenyamin%20Moradzadeh%20(0-0-0)%20v%20Rohit%20Chaudhary%20(4-0-2)%3Cbr%3E%3Cstrong%3EHeavyweight%204%20rounds%3A%3C%2Fstrong%3E%3Cbr%3EYoussef%20Karrar%20(1-0-0)%20v%20Muhammad%20Muzeei%20(0-0-0)%3Cbr%3E%3Cstrong%3EWelterweight%206%20rounds%3A%3C%2Fstrong%3E%3Cbr%3EMarwan%20Mohamad%20Madboly%20(2-0-0)%20v%20Sheldon%20Schultz%20(4-4-0)%3Cbr%3E%3Cstrong%3ESuper%20featherweight%208%20rounds%3A%3C%2Fstrong%3E%3Cbr%3EBishara%20Sabbar%20(6-0-0)%20v%20Mohammed%20Azahar%20(8-5-1)%3Cbr%3E%3Cstrong%3ECruiseweight%208%20rounds%3A%3C%2Fstrong%3E%3Cbr%3EMohammed%20Bekdash%20(25-0-0)%20v%20Musa%20N%E2%80%99tege%20(8-4-0)%3Cbr%3E%3Cstrong%3ESuper%20flyweight%2010%20rounds%3A%3C%2Fstrong%3E%3Cbr%3ESultan%20Al%20Nuaimi%20(9-0-0)%20v%20Jemsi%20Kibazange%20(18-6-2)%3Cbr%3E%3Cstrong%3ELightweight%2010%20rounds%3A%3C%2Fstrong%3E%3Cbr%3EBader%20Samreen%20(8-0-0)%20v%20Jose%20Paez%20Gonzales%20(16-2-2-)%3C%2Fp%3E%0A
Global Fungi Facts

• Scientists estimate there could be as many as 3 million fungal species globally
• Only about 160,000 have been officially described leaving around 90% undiscovered
• Fungi account for roughly 90% of Earth's unknown biodiversity
• Forest fungi help tackle climate change, absorbing up to 36% of global fossil fuel emissions annually and storing around 5 billion tonnes of carbon in the planet's topsoil

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Carzaty%2C%20now%20Kavak%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3ELaunch%20year%3A%20%3C%2Fstrong%3ECarzaty%20launched%20in%202018%2C%20Kavak%20in%20the%20GCC%20launched%20in%202022%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%20140%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20Automotive%3Cbr%3E%3Cstrong%3EFunding%3A%20%3C%2Fstrong%3ECarzaty%20raised%20%246m%20in%20equity%20and%20%244m%20in%20debt%3B%20Kavak%20plans%20%24130m%20investment%20in%20the%20GCC%3C%2Fp%3E%0A
SPEC%20SHEET%3A%20NOTHING%20PHONE%20(2)
%3Cp%3E%3Cstrong%3EDisplay%3A%3C%2Fstrong%3E%206.7%E2%80%9D%20LPTO%20Amoled%2C%202412%20x%201080%2C%20394ppi%2C%20HDR10%2B%2C%20Corning%20Gorilla%20Glass%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EProcessor%3A%3C%2Fstrong%3E%20Qualcomm%20Snapdragon%208%2B%20Gen%202%2C%20octa-core%3B%20Adreno%20730%20GPU%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMemory%3A%3C%2Fstrong%3E%208%2F12GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECapacity%3A%3C%2Fstrong%3E%20128%2F256%2F512GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPlatform%3A%3C%2Fstrong%3E%20Android%2013%2C%20Nothing%20OS%202%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMain%20camera%3A%3C%2Fstrong%3E%20Dual%2050MP%20wide%2C%20f%2F1.9%20%2B%2050MP%20ultrawide%2C%20f%2F2.2%3B%20OIS%2C%20auto-focus%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMain%20camera%20video%3A%3C%2Fstrong%3E%204K%20%40%2030%2F60fps%2C%201080p%20%40%2030%2F60fps%3B%20live%20HDR%2C%20OIS%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFront%20camera%3A%3C%2Fstrong%3E%2032MP%20wide%2C%20f%2F2.5%2C%20HDR%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFront%20camera%20video%3A%3C%2Fstrong%3E%20Full-HD%20%40%2030fps%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBattery%3A%3C%2Fstrong%3E%204700mAh%3B%20full%20charge%20in%2055m%20w%2F%2045w%20charger%3B%20Qi%20wireless%2C%20dual%20charging%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EConnectivity%3A%3C%2Fstrong%3E%20Wi-Fi%2C%20Bluetooth%205.3%2C%20NFC%20(Google%20Pay)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBiometrics%3A%3C%2Fstrong%3E%20Fingerprint%2C%20face%20unlock%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EI%2FO%3A%3C%2Fstrong%3E%20USB-C%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EDurability%3A%3C%2Fstrong%3E%20IP54%2C%20limited%20protection%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECards%3A%3C%2Fstrong%3E%20Dual-nano%20SIM%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EColours%3A%3C%2Fstrong%3E%20Dark%20grey%2C%20white%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIn%20the%20box%3A%3C%2Fstrong%3E%20Nothing%20Phone%20(2)%2C%20USB-C-to-USB-C%20cable%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%20(UAE)%3A%3C%2Fstrong%3E%20Dh2%2C499%20(12GB%2F256GB)%20%2F%20Dh2%2C799%20(12GB%2F512GB)%3C%2Fp%3E%0A
Company%C2%A0profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3Eamana%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2010%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Karim%20Farra%20and%20Ziad%20Aboujeb%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EUAE%3Cbr%3E%3Cstrong%3ERegulator%3A%20%3C%2Fstrong%3EDFSA%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinancial%20services%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%20%3C%2Fstrong%3E85%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3ESelf-funded%3Cbr%3E%3C%2Fp%3E%0A