• Lewis Hamilton at the Melbourne Grand Prix Circuit on April 7, 2022 ahead of the Formula One Australian Grand Prix. Reuters
    Lewis Hamilton at the Melbourne Grand Prix Circuit on April 7, 2022 ahead of the Formula One Australian Grand Prix. Reuters
  • Sebastian Vettel sits in his Aston Martin car at the Melbourne Grand Prix Circuit. Reuters
    Sebastian Vettel sits in his Aston Martin car at the Melbourne Grand Prix Circuit. Reuters
  • McLaren driver Daniel Ricciardo of Australia arrives at the circuit and signs autographs for fans. Getty
    McLaren driver Daniel Ricciardo of Australia arrives at the circuit and signs autographs for fans. Getty
  • Alpine driver Fernando Alonso with Harlem Globetrotters' Scooter ahead of the Australian Grand Prix. Reuters
    Alpine driver Fernando Alonso with Harlem Globetrotters' Scooter ahead of the Australian Grand Prix. Reuters
  • Mercedes driver Lewis Hamilton arrives at the track ahead of the Australian Formula One Grand Prix. AP
    Mercedes driver Lewis Hamilton arrives at the track ahead of the Australian Formula One Grand Prix. AP
  • Alfa Romeo driver Valtteri Bottas arrives at the Melbourne Grand Prix Circuit. Reuters
    Alfa Romeo driver Valtteri Bottas arrives at the Melbourne Grand Prix Circuit. Reuters
  • Ferrari driver Charles Leclerc in the paddock during previews ahead of the F1 Grand Prix of Australia. Getty
    Ferrari driver Charles Leclerc in the paddock during previews ahead of the F1 Grand Prix of Australia. Getty
  • Haas driver Mick Schumacher arrives at the circuit and signs autographs for fans. Getty
    Haas driver Mick Schumacher arrives at the circuit and signs autographs for fans. Getty
  • Red Bull driver Max Verstappen arrives at the track ahead of the Australian Formula One Grand Prix. AP
    Red Bull driver Max Verstappen arrives at the track ahead of the Australian Formula One Grand Prix. AP
  • Ferrari crew members practice pit stops at the Albert Park Circuit in Melbourne. AFP
    Ferrari crew members practice pit stops at the Albert Park Circuit in Melbourne. AFP
  • Alpine driver Esteban Ocon arrives at the Albert Park Grand Prix Circuit and signs autographs. EPA
    Alpine driver Esteban Ocon arrives at the Albert Park Grand Prix Circuit and signs autographs. EPA
  • Max Verstappen arrives at the circuit and signs autographs for fans. Getty
    Max Verstappen arrives at the circuit and signs autographs for fans. Getty
  • Red Bull driver Sergio Perez arrives at the circuit and poses for a photo with a fan. Getty
    Red Bull driver Sergio Perez arrives at the circuit and poses for a photo with a fan. Getty
  • Mclaren driver Lando Norris signs autographs as he arrives at the track. AP
    Mclaren driver Lando Norris signs autographs as he arrives at the track. AP
  • Charles Leclerc signs autographs for fans in the paddock during previews ahead of the F1 Grand Prix of Australia. Getty
    Charles Leclerc signs autographs for fans in the paddock during previews ahead of the F1 Grand Prix of Australia. Getty
  • Lando Norris talks to the media after arriving at the track. Reuters
    Lando Norris talks to the media after arriving at the track. Reuters

'No magic fix' for struggling Lewis Hamilton and Mercedes at Australian Grand Prix


  • English
  • Arabic

Lewis Hamilton has been warned there is “no magic fix” to the team's problems ahead of this weekend's Australian Grand Prix in Melbourne.

The seven-time world champion is already 29 points adrift in the championship race after finishing down in 10th at the second round in Saudi Arabia two weeks ago.

Mercedes have dominated the sport since 2014 – carrying Hamilton to six titles and winning an unprecedented eight constructors’ championships in succession.

But Hamilton and new British teammate George Russell have all but written off their aspirations unless Mercedes can radically improve their underperforming car.

Mercedes’ season has been derailed by ‘porpoising’ – the phenomenon seen this year when the car violently bounces on its suspension at high speed.

The problem caught Mercedes completely off guard, and Russell said it is the source of 99 per cent of the team’s problems.

And Mercedes boss Toto Wolff admitted on Thursday that there is still a lot of work to do to solve the issue. “We are in a learning race and the first two weekends have shown we still have plenty to learn,” he said.

“At the moment, our track performance is not meeting our own expectations, but everyone at Brackley and Brixworth is focused on understanding the problems and finding the right solutions.

“There won't be a magic fix for the next race weekend, but we're pushing to steadily bring gains over the upcoming races, to hopefully move us closer to the front of the pack.

“Until then, we need to maximise each opportunity and make the most of the package we have.”

  • Red Bull's Max Verstappen celebrates after winning the Saudi Arabian Grand Prix in Jeddah on March 27, 2022. AP
    Red Bull's Max Verstappen celebrates after winning the Saudi Arabian Grand Prix in Jeddah on March 27, 2022. AP
  • Ferrari's driver Charles Leclerc chats with Red Bull's Dutch driver Max Verstappen after the race. AFP
    Ferrari's driver Charles Leclerc chats with Red Bull's Dutch driver Max Verstappen after the race. AFP
  • Verstappen celebrates with his team. AFP
    Verstappen celebrates with his team. AFP
  • Race winner Max Verstappen of the Netherlands and Red Bull. Getty
    Race winner Max Verstappen of the Netherlands and Red Bull. Getty
  • Ferrari's Carlos Sainz in action during Saudi Grand Prix. Getty
    Ferrari's Carlos Sainz in action during Saudi Grand Prix. Getty
  • World champion Max Verstappen in his Red Bull. Getty
    World champion Max Verstappen in his Red Bull. Getty
  • Sergio Perez in action in his Red Bull. Getty
    Sergio Perez in action in his Red Bull. Getty

At the opener in Bahrain, seven-time world champion Hamilton finished third behind the Ferrari pair of Charles Leclerc and Carlos Sainz, but only after Red Bull's Max Verstappen and Sergio Perez retired in the closing stages. Hamilton's teammate George Russell was fourth.

In Jeddah, Russell fared a little better than Hamilton with a fifth-place finish, but still considerably off the pace of the Ferraris and Red Bulls who filled the top four.

Despite the frustrations, Wolff praised his drivers' patience. “There are various challenges ahead of us, but that's something we relish and is when a team really shows its true spirit,” he said.

“Lewis and George are making an important contribution to the overall effort, providing feedback, spending time in the simulator and working together to help push us forward.”

Meanwhile, reigning champion Max Verstappen said he will try to keep his off-track commitments in check and focus on his day job as a racer, wary that his title defence might suffer with too many distractions.

I’m not there to entertain the crowds. I’ll entertain them by doing that on the track. Otherwise ... it’s going to hurt your performance
Max Verstappen

The Dutch Red Bull driver is hot property for media, sponsors and fans after his 2021 triumph, and the relaxation of biosecurity protocols could mean more demands on his time.

“Even if there is no Covid for sure I’m not going to do more … on weekends because I’m there to race, I’m not there to entertain the crowds,” he told a small group of reporters on Thursday at Albert Park ahead of Sunday's Australian Grand Prix.

“I’ll entertain them by doing that on the track. Otherwise you get upset, you don’t feel good and it’s going to hurt your performance.

“So you need to just keep it exactly the same, the same approach as other race weekends.”

Verstappen said he felt sympathy for McLaren's Australian driver Daniel Ricciardo, having seen him battle through busy schedules at his home Grand Prix when they were Red Bull teammates.

“I always felt sorry for him because he was always so busy,” said Verstappen. “He actually never really got to fully enjoy it. Maybe he manages it differently now but I remember when he was here it was tough, he was super busy in the week leading up to the Grand Prix.

“So I hope for him that at least he can enjoy it a bit more now because I think it is very special to have a home Grand Prix.”

  • Ferrari's Bahrain Grand Prix winner Charles Leclerc celebrates after the opening race of the season. AFP
    Ferrari's Bahrain Grand Prix winner Charles Leclerc celebrates after the opening race of the season. AFP
  • Mercedes driver Lewis Hamilton greets Ferrari drivers Carlos Sainz of Spain, left, and race winner Charles Leclerc. AP
    Mercedes driver Lewis Hamilton greets Ferrari drivers Carlos Sainz of Spain, left, and race winner Charles Leclerc. AP
  • Ferrari's Charles Leclerc celebrates on the podium after winning the race with second place Carlos Sainz and third place Lewis Hamilton and Ferrari team principal Mattia Binotto. Reuters
    Ferrari's Charles Leclerc celebrates on the podium after winning the race with second place Carlos Sainz and third place Lewis Hamilton and Ferrari team principal Mattia Binotto. Reuters
  • Ferrari's Charles Leclerc celebrates on the podium with the trophy. Reuters
    Ferrari's Charles Leclerc celebrates on the podium with the trophy. Reuters
  • Race winner Charles Leclerc and second placed Carlos Sainz on the podium. Getty
    Race winner Charles Leclerc and second placed Carlos Sainz on the podium. Getty
  • Ferrari's Charles Leclerc celebrates with his team after winning the Bahrain Grand Prix. Reuters
    Ferrari's Charles Leclerc celebrates with his team after winning the Bahrain Grand Prix. Reuters
  • Charles Leclerc in action during the Bahrain Grand Prix. AP
    Charles Leclerc in action during the Bahrain Grand Prix. AP
  • Charles Leclerc leads the pack at the start of the Formula One Grand Prix of Bahrain. EPA
    Charles Leclerc leads the pack at the start of the Formula One Grand Prix of Bahrain. EPA
  • Red Bull's Mexican driver Sergio Perez is assisted by mechanics during a pit stop. AFP
    Red Bull's Mexican driver Sergio Perez is assisted by mechanics during a pit stop. AFP
  • Smoke billows from AlphaTauri's French driver Pierre Gasly's car after it caught fire. AFP
    Smoke billows from AlphaTauri's French driver Pierre Gasly's car after it caught fire. AFP

Understand What Black Is

The Last Poets

(Studio Rockers)

RACE SCHEDULE

All times UAE ( 4 GMT)

Friday, September 29
First practice: 7am - 8.30am
Second practice: 11am - 12.30pm

Saturday, September 30
Qualifying: 1pm - 2pm

Sunday, October 1
Race: 11am - 1pm

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

England World Cup squad

Eoin Morgan (capt), Moeen Ali, Jofra Archer, Jonny Bairstow, Jos Buttler (wkt), Tom Curran, Liam Dawson, Liam Plunkett, Adil Rashid, Joe Root, Jason Roy, Ben Stokes, James Vince, Chris Woakes, Mark Wood

The biog

Occupation: Key marker and auto electrician

Hometown: Ghazala, Syria

Date of arrival in Abu Dhabi: May 15, 1978

Family: 11 siblings, a wife, three sons and one daughter

Favourite place in UAE: Abu Dhabi

Favourite hobby: I like to do a mix of things, like listening to poetry for example.

Favourite Syrian artist: Sabah Fakhri, a tenor from Aleppo

Favourite food: fresh fish

At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

SUE%20GRAY'S%20FINDINGS
%3Cp%3E%22Whatever%20the%20initial%20intent%2C%20what%20took%20place%20at%20many%20of%20these%20gatherings%20and%20the%3Cbr%3Eway%20in%20which%20they%20developed%20was%20not%20in%20line%20with%20Covid%20guidance%20at%20the%20time.%3C%2Fp%3E%0A%3Cp%3E%22Many%20of%20these%20events%20should%20not%20have%20been%20allowed%20to%20happen.%20It%20is%20also%20the%20case%20that%20some%20of%20the%3Cbr%3Emore%20junior%20civil%20servants%20believed%20that%20their%20involvement%20in%20some%20of%20these%20events%20was%20permitted%20given%20the%20attendance%20of%20senior%20leaders.%C2%A0%3C%2Fp%3E%0A%3Cp%3E%22The%20senior%20leadership%20at%20the%20centre%2C%20both%20political%20and%20official%2C%20must%20bear%20responsibility%20for%20this%20culture.%C2%A0%3C%2Fp%3E%0A%3Cp%3E%22I%20found%20that%20some%20staff%20had%20witnessed%20or%20been%20subjected%20to%20behaviours%20at%20work%20which%20they%20had%20felt%20concerned%20about%20but%20at%20times%20felt%20unable%20to%20raise%20properly.%3C%2Fp%3E%0A%3Cp%3E%22I%20was%20made%20aware%20of%20multiple%20examples%20of%20a%20lack%20of%20respect%20and%20poor%20treatment%20of%20security%20and%20cleaning%20staff.%20This%20was%20unacceptable.%22%C2%A0%3C%2Fp%3E%0A
MATCH INFO

Uefa Champions League semi-final, second leg
Real Madrid (2) v Bayern Munich (1)

Where: Santiago Bernabeu, Madrid
When: 10.45pm, Tuesday
Watch Live: beIN Sports HD

How will Gen Alpha invest?

Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.

“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.

Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.

He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.

Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”

THE SIXTH SENSE

Starring: Bruce Willis, Toni Collette, Hayley Joel Osment

Director: M. Night Shyamalan

Rating: 5/5

In numbers

Number of Chinese tourists coming to UAE in 2017 was... 1.3m

Alibaba’s new ‘Tech Town’  in Dubai is worth... $600m

China’s investment in the MIddle East in 2016 was... $29.5bn

The world’s most valuable start-up in 2018, TikTok, is valued at... $75bn

Boost to the UAE economy of 5G connectivity will be... $269bn 

AIDA%20RETURNS
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3ECarol%20Mansour%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3EAida%20Abboud%2C%20Carol%20Mansour%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203.5.%2F5%3C%2Fp%3E%0A
Dhadak 2

Director: Shazia Iqbal

Starring: Siddhant Chaturvedi, Triptii Dimri 

Rating: 1/5

Company%20Profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20myZoi%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202021%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Syed%20Ali%2C%20Christian%20Buchholz%2C%20Shanawaz%20Rouf%2C%20Arsalan%20Siddiqui%2C%20Nabid%20Hassan%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%2037%3Cbr%3E%3Cstrong%3EInvestment%3A%3C%2Fstrong%3E%20Initial%20undisclosed%20funding%20from%20SC%20Ventures%3B%20second%20round%20of%20funding%20totalling%20%2414%20million%20from%20a%20consortium%20of%20SBI%2C%20a%20Japanese%20VC%20firm%2C%20and%20SC%20Venture%3C%2Fp%3E%0A
THE LOWDOWN

Photograph

Rating: 4/5

Produced by: Poetic License Motion Pictures; RSVP Movies

Director: Ritesh Batra

Cast: Nawazuddin Siddiqui, Sanya Malhotra, Farrukh Jaffar, Deepak Chauhan, Vijay Raaz

Mina Cup winners

Under 12 – Minerva Academy

Under 14 – Unam Pumas

Under 16 – Fursan Hispania

Under 18 – Madenat

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%3Cp%3EAuthor%3A%20Mohsin%20Hamid%C2%A0%3C%2Fp%3E%0A%3Cp%3E192%20pages%C2%A0%3C%2Fp%3E%0A%3Cp%3EPublished%20by%3A%20Hamish%20Hamilton%20(UK)%2C%20Riverhead%20Books%20(US)%3C%2Fp%3E%0A%3Cp%3ERelease%20date%3A%20out%20now%20in%20the%20US%2C%20August%2011%20(UK)%3C%2Fp%3E%0A
Company Profile:

Name: The Protein Bakeshop

Date of start: 2013

Founders: Rashi Chowdhary and Saad Umerani

Based: Dubai

Size, number of employees: 12

Funding/investors:  $400,000 (2018) 

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

'My Son'

Director: Christian Carion

Starring: James McAvoy, Claire Foy, Tom Cullen, Gary Lewis

Rating: 2/5

Results

STAGE

1 . Filippo Ganna (Ineos) - 0:13:56

2. Stefan Bissegger (Education-Nippo) - 0:00:14

3. Mikkel Bjerg (UAE Team Emirates) - 0:00:21

4. Tadej Pogacar (UAE Team Emirates) - 0:00:24

5. Luis Leon Sanchez (Astana) - 0:00:30

GENERAL CLASSIFICATION

1. Tadej Pogacar (UAE Team Emirates) - 4:00:05

2. Joao Almeida (QuickStep) - 0:00:05

3. Mattia Cattaneo (QuickStep) - 0:00:18

4. Chris Harper (Jumbo-Visma) - 0:00:33

5. Adam Yates (Ineos) - 0:00:39

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

The biog

Favourite car: Ferrari

Likes the colour: Black

Best movie: Avatar

Academic qualifications: Bachelor’s degree in media production from the Higher Colleges of Technology and diploma in production from the New York Film Academy

Thor: Ragnarok

Dir: Taika Waititi

Starring: Chris Hemsworth, Tom Hiddleston, Cate Blanchett, Jeff Goldblum, Mark Ruffalo, Tessa Thompson

Four stars

if you go

The flights

Etihad, Emirates and Singapore Airlines fly direct from the UAE to Singapore from Dh2,265 return including taxes. The flight takes about 7 hours.

The hotel

Rooms at the M Social Singapore cost from SG $179 (Dh488) per night including taxes.

The tour

Makan Makan Walking group tours costs from SG $90 (Dh245) per person for about three hours. Tailor-made tours can be arranged. For details go to www.woknstroll.com.sg

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.”

Mobile phone packages comparison
Other key dates
  • Finals draw: December 2
  • Finals (including semi-finals and third-placed game): June 5–9, 2019
  • Euro 2020 play-off draw: November 22, 2019
  • Euro 2020 play-offs: March 26–31, 2020
RACE SCHEDULE

All times UAE ( 4 GMT)

Friday, September 29
First practice: 7am - 8.30am
Second practice: 11am - 12.30pm

Saturday, September 30
Qualifying: 1pm - 2pm

Sunday, October 1
Race: 11am - 1pm

FIGHT CARD

Sara El Bakkali v Anisha Kadka (Lightweight, female)
Mohammed Adil Al Debi v Moaz Abdelgawad (Bantamweight)
Amir Boureslan v Mahmoud Zanouny (Welterweight)
Abrorbek Madaminbekov v Mohammed Al Katheeri (Featherweight)
Ibrahem Bilal v Emad Arafa (Super featherweight)
Ahmed Abdolaziz v Imad Essassi (Middleweight)
Milena Martinou v Ilham Bourakkadi (Bantamweight, female)
Noureddine El Agouti v Mohamed Mardi (Welterweight)
Nabil Ouach v Ymad Atrous (Middleweight)
Nouredin Samir v Zainalabid Dadachev (Lightweight)
Marlon Ribeiro v Mehdi Oubahammou (Welterweight)
Brad Stanton v Mohamed El Boukhari (Super welterweight

Syria squad

Goalkeepers: Ibrahim Alma, Mahmoud Al Youssef, Ahmad Madania.
Defenders: Ahmad Al Salih, Moayad Ajan, Jehad Al Baour, Omar Midani, Amro Jenyat, Hussein Jwayed, Nadim Sabagh, Abdul Malek Anezan.
Midfielders: Mahmoud Al Mawas, Mohammed Osman, Osama Omari, Tamer Haj Mohamad, Ahmad Ashkar, Youssef Kalfa, Zaher Midani, Khaled Al Mobayed, Fahd Youssef.
Forwards: Omar Khribin, Omar Al Somah, Mardik Mardikian.

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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COMPANY%20PROFILE%20
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How it works

1) The liquid nanoclay is a mixture of water and clay that aims to convert desert land to fertile ground

2) Instead of water draining straight through the sand, it apparently helps the soil retain water

3) One application is said to last five years

4) The cost of treatment per hectare (2.4 acres) of desert varies from $7,000 to $10,000 per hectare 

Specs%20
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Updated: April 07, 2022, 12:19 PM