School pupils, and the rest of us, are being encouraged to read this year. (Silvia Razgova / The National)
School pupils, and the rest of us, are being encouraged to read this year. (Silvia Razgova / The National)
School pupils, and the rest of us, are being encouraged to read this year. (Silvia Razgova / The National)
School pupils, and the rest of us, are being encouraged to read this year. (Silvia Razgova / The National)

Reading, cycling and terrorism occupy Twitter users’ minds


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  • Arabic

#arabictrending

How about stepping out of the comfort of your car and riding a bicycle to work? Well, that’s what many people across the UAE did on Tuesday – and a lot of them tweeted about the experience.

Other trending topics included yesterday’s attacks on Jakarta and the UAE’s year of reading.

#CycleToWorkUAE

The National's campaign to promote healthy living gained the support of fitness enthusiasts and the general public. Many individuals and groups of colleagues left behind the comfort of their four-wheel drive cars in favour of pedal power.

@ukinuae wrote: “Happy #CycleToWorkUAE day! Great way to start the day off with staff from @ukinuae and our friends in the UAE.”

@DubaiExpo2020: “Contributing to a more sustainable world, one bike ride at a time.”

@RAKBANKlive: “And we’ve almost reached our workplace! Our early morning ride was awesome!”

Praveen (@praveen_alld): “Let’s buy a bicycle today first. Good initiative.”

Kareem (@Keeksawy) posted a picture of a bike and wrote: “Found this beauty on @dubizzle and already started cycling to work!”

@luxembourgize was impressed with the initiative: “In the last decade, walking & cycling was very marginal in UAE. #CycleToWorkUAE is quite surprising.”

However, Ross (@RossTalks) wasn’t happy about the weather: “#CycleToWorkUAE couldn’t have come on a worse day. I ain’t riding in the rain!”

@IrelandEmbUAE: “Irish Embassy enjoyed participating in Cycle To Work initiative.”

Mohammed Al Otaiba, the Editor-in-Chief of The National (@AlOtaiba_M), thanked everyone who participated in the initiative: "#CycleToWorkUAE has been trending no. 1. A big thank you to all who took part in it!"

Jakarta attack

Tweeters were quick to react after the first news came through of explosions and gunfire in Jakarta yesterday. Many took offence at reports that linked the terrorists’ actions with Islam.

Modassir @ModassirJ: “Muslims around the world are branded as terrorists just because of these mindless loonies.”

Hasnain (@hasnain_civil) noted that normal Muslims suffered when media reports defamed their religion.

Mika (@swiftsshorthair) was so angry towards those who point their fingers at Muslims that she used capital letters in her comment: “Terrorism has NO RELIGION please STOP saying that this attack is the Muslims’ fault that is just plain IGNORANT and DISRESPECTFUL.”

Maher (@MaherZain) agreed with Mika: “In Indonesia, there are over 200 million Muslims! Indeed #terrorism has no religion!!”

Aisha @Chanel__ll: “It is very important for all Muslim believers and mullahs and teachers to make a difference between the true believers of Islam.”

In another tweet, she noted: “What Islam teaches is one thing & what these so-called Muslims practice is something else. Study Islam’s teachings to know the truth about it.”

#UAEreads

Sheikh Khalifa, the President, has declared 2016 the “year of reading”. This followed the launch last September of the Arab Reading Challenge, which runs until April.

Sheikh Mohammed bin Rashid, Vice President of the UAE and Ruler of Dubai, says the plan is to turn the competition into an annual event. He said: “The first book a child reads opens the first door in that child’s brighter future.”

Twitter users welcomed the initiative by sharing their own reading lists.

@ZowdProject posted a photo­graph of a book she's reading, Last Chance Saloon, by Marian Keyes. She tweeted: "Reading books that add to your growth help in making better decisions."

Mustafa (@MustafaAlzaroni) shared a link to a web page listing the “five business books you must read in 2016”.

Ayesha (@Aj_07): “Despite not pursuing a career in the publishing industry. I am so proud to see this initiative come to life.”

Lubna (@Sandstruck) wrote: “#UAEreads wants to know: are you reading? Reading is food for the soul and mind, says Mohammed bin Rashid.”

Children’s author Rachel Hamilton (@RachelLHamilton) tweeted that she was proud to be a part of the campaign.

Sarah Khamis is The National’s social-media editor

skhamis@thenational.ae

On Twitter: @SarahKhamisUAE

What are NFTs?

Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.

You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”

However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.

This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”

This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.

Lexus LX700h specs

Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

On sale: Now

Price: From Dh590,000

Company%20profile
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How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.

COMPANY PROFILE

Company name: SimpliFi

Started: August 2021

Founder: Ali Sattar

Based: UAE

Industry: Finance, technology

Investors: 4DX, Rally Cap, Raed, Global Founders, Sukna and individuals

David Haye record

Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4

Jewel of the Expo 2020

252 projectors installed on Al Wasl dome

13.6km of steel used in the structure that makes it equal in length to 16 Burj Khalifas

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

724,000 cubic metres is the space it encloses

Stands taller than the leaning tower of Pisa

Steel trellis dome is one of the largest single structures on site

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

Al Wasl means connection in Arabic

World’s largest 360-degree projection surface

Tewellah by Nawal Zoghbi is out now.

RESULT

Arsenal 2

Sokratis Papastathopoulos 45 4'

Eddie Ntkeiah 51'

Portsmouth 0

 

UAE currency: the story behind the money in your pockets

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

Building boom turning to bust as Turkey's economy slows

Deep in a provincial region of northwestern Turkey, it looks like a mirage - hundreds of luxury houses built in neat rows, their pointed towers somewhere between French chateau and Disney castle.

Meant to provide luxurious accommodations for foreign buyers, the houses are however standing empty in what is anything but a fairytale for their investors.

The ambitious development has been hit by regional turmoil as well as the slump in the Turkish construction industry - a key sector - as the country's economy heads towards what could be a hard landing in an intensifying downturn.

After a long period of solid growth, Turkey's economy contracted 1.1 per cent in the third quarter, and many economists expect it will enter into recession this year.

The country has been hit by high inflation and a currency crisis in August. The lira lost 28 per cent of its value against the dollar in 2018 and markets are still unconvinced by the readiness of the government under President Recep Tayyip Erdogan to tackle underlying economic issues.

The villas close to the town centre of Mudurnu in the Bolu region are intended to resemble European architecture and are part of the Sarot Group's Burj Al Babas project.

But the development of 732 villas and a shopping centre - which began in 2014 - is now in limbo as Sarot Group has sought bankruptcy protection.

It is one of hundreds of Turkish companies that have done so as they seek cover from creditors and to restructure their debts.

The specs

Engine: 1.4-litre 4-cylinder turbo

Power: 180hp at 5,500rpm

Torque: 250Nm at 3,00rpm

Transmission: 5-speed sequential auto

Price: From Dh139,995

On sale: now

Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

ITU Abu Dhabi World Triathlon

For more information go to www.abudhabi.triathlon.org.

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

Specs

Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request

No.6 Collaborations Project

Ed Sheeran (Atlantic)

Red flags
  • Promises of high, fixed or 'guaranteed' returns.
  • Unregulated structured products or complex investments often used to bypass traditional safeguards.
  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching

Nancy 9 (Hassa Beek)

Nancy Ajram

(In2Musica)

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

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The bio

Job: Coder, website designer and chief executive, Trinet solutions

School: Year 8 pupil at Elite English School in Abu Hail, Deira

Role Models: Mark Zuckerberg and Elon Musk

Dream City: San Francisco

Hometown: Dubai

City of birth: Thiruvilla, Kerala

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