• A police officer stands guard outside the King Baudouin Stadium after two people were shot dead in Brussels before a Euro 2024 qualifier between Belgium and Sweden. AFP
    A police officer stands guard outside the King Baudouin Stadium after two people were shot dead in Brussels before a Euro 2024 qualifier between Belgium and Sweden. AFP
  • People walk outside King Baudouin Stadium after play was suspended following the shooting. Reuters
    People walk outside King Baudouin Stadium after play was suspended following the shooting. Reuters
  • Swedish players Samuel Gustafson and Emil Holm wait to leave the stadium. Reuters
    Swedish players Samuel Gustafson and Emil Holm wait to leave the stadium. Reuters
  • The score was 1-1 at half-time when the decision was taken to suspend the game. AFP
    The score was 1-1 at half-time when the decision was taken to suspend the game. AFP
  • Fans were told to stay in the stadium until it was safe to leave amid reports that the victims were wearing Swedish football shirts. AFP
    Fans were told to stay in the stadium until it was safe to leave amid reports that the victims were wearing Swedish football shirts. AFP
  • Swedish fans react at half-time as the match against Belgium is abandoned. Getty Images
    Swedish fans react at half-time as the match against Belgium is abandoned. Getty Images
  • Police officers stand guard as supporters leave. AFP
    Police officers stand guard as supporters leave. AFP
  • Belgium football player Romelu Lukaku leaves the stadium. Reuters
    Belgium football player Romelu Lukaku leaves the stadium. Reuters
  • The 35,000 supporters were eventually allowed to leave in groups shortly after midnight local time. AFP
    The 35,000 supporters were eventually allowed to leave in groups shortly after midnight local time. AFP
  • Belgian midfielder Jeremy Doku, second from left, leaves. AFP
    Belgian midfielder Jeremy Doku, second from left, leaves. AFP
  • Supporters look through the fence as they wait to leave. AP
    Supporters look through the fence as they wait to leave. AP
  • A supporter is comforted on the stands after the match was suspended. AP
    A supporter is comforted on the stands after the match was suspended. AP

Belgium v Sweden abandoned at half-time after gunman kills two in Brussels


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Belgium's Euro 2024 qualifier against Sweden on Monday was abandoned at half-time after two people were shot dead in Brussels.

Following the shootings on Monday evening, which the authorities are treating as terrorism, with Belgian Prime Minister Alexander De Croo later confirming the victims were Swedish, the decision was taken to call off the game at the King Baudouin Stadium.

"Due to the incidents in Brussels earlier tonight, play is suspended. Our thoughts are with all those affected," a post from the Belgian national team read on X, formerly Twitter.

Reports have suggested players from both teams decided during half-time the game should not continue. The score was 1-1 at the time. Viktor Gyokeres gave Sweden a 15th-minute lead, but Romelu Lukaku had Belgium level just after the half-hour.

The Swedish Football Association had announced supporters should stay in the stadium on police advice "for security reasons" and co-operate with the authorities on site.

Fans were kept in the stadium for more than two hours before a message on the stadium screen asked them to leave "calmly".

"Keep calm and take care of each other. Our thoughts go out to all the relatives of those affected in Brussels," a post from the Swedish FA on social media read.

Sweden manager Janne Andersson confirmed the players had asked for the game to be abandoned when they heard about the shooting at half-time.

"I felt it was completely unreal," he told a press conference. "What kind of world do we live in today? I was supposed to have a good chat with the players but I heard it and almost started crying.

"When the team started talking, we agreed 100 per cent that we didn't want to play on out of respect for the victims and their families."

Sweden captain Victor Lindelof, the Manchester United defender, said security put the team "at ease".

"They explained that this is the safest place to be in Brussels," he said. "Belgium are already qualified and we don't have the opportunity to get to the European Championship, so I see no reason to play."

Governing body Uefa confirmed the Group F match had been abandoned following consultation with both teams and local police.

"Following a suspected terrorist attack in Brussels this evening, it has been decided, after consultation with the two teams and the local police authorities, that the Uefa Euro 2024 qualifying match between Belgium and Sweden is abandoned," a statement from Uefa read.

"Further communication will be made in due course."

Following the shooting on the Boulevard d'Ypres, Belgian Prime Minister Alexander De Croo confirmed the victims were Swedish.

"My deepest condolences to the relatives of this cowardly attack in Brussels," he wrote on social media.

"I have just offered my sincere condolences to Swedish PM following tonight's harrowing attack on Swedish citizens in Brussels.

"Our thoughts are with the families and friends who lost their loved ones. As close partners the fight against terrorism is a joint one."

Following the events, Belgium's National Crisis Centre said the terror alert was being raised to its highest level in the capital – the threat very serious and imminent – and increased to serious across the country.

The BNCC confirmed arrangements to safely escort supporters from the King Baudouin Stadium were "being examined" and urged fans to follow the instructions of the emergency services.

Shortly before midnight local time, the BNCC announced the stadium was now being "evacuated" and stressed everyone should "return home immediately".

What is blockchain?

Blockchain is a form of distributed ledger technology, a digital system in which data is recorded across multiple places at the same time. Unlike traditional databases, DLTs have no central administrator or centralised data storage. They are transparent because the data is visible and, because they are automatically replicated and impossible to be tampered with, they are secure.

The main difference between blockchain and other forms of DLT is the way data is stored as ‘blocks’ – new transactions are added to the existing ‘chain’ of past transactions, hence the name ‘blockchain’. It is impossible to delete or modify information on the chain due to the replication of blocks across various locations.

Blockchain is mostly associated with cryptocurrency Bitcoin. Due to the inability to tamper with transactions, advocates say this makes the currency more secure and safer than traditional systems. It is maintained by a network of people referred to as ‘miners’, who receive rewards for solving complex mathematical equations that enable transactions to go through.

However, one of the major problems that has come to light has been the presence of illicit material buried in the Bitcoin blockchain, linking it to the dark web.

Other blockchain platforms can offer things like smart contracts, which are automatically implemented when specific conditions from all interested parties are reached, cutting the time involved and the risk of mistakes. Another use could be storing medical records, as patients can be confident their information cannot be changed. The technology can also be used in supply chains, voting and has the potential to used for storing property records.

Getting there

The flights

Flydubai operates up to seven flights a week to Helsinki. Return fares to Helsinki from Dubai start from Dh1,545 in Economy and Dh7,560 in Business Class.

The stay

Golden Crown Igloos in Levi offer stays from Dh1,215 per person per night for a superior igloo; www.leviniglut.net 

Panorama Hotel in Levi is conveniently located at the top of Levi fell, a short walk from the gondola. Stays start from Dh292 per night based on two people sharing; www. golevi.fi/en/accommodation/hotel-levi-panorama

Arctic Treehouse Hotel in Rovaniemi offers stays from Dh1,379 per night based on two people sharing; www.arctictreehousehotel.com

While you're here
UAE currency: the story behind the money in your pockets
PROFILE OF HALAN

Started: November 2017

Founders: Mounir Nakhla, Ahmed Mohsen and Mohamed Aboulnaga

Based: Cairo, Egypt

Sector: transport and logistics

Size: 150 employees

Investment: approximately $8 million

Investors include: Singapore’s Battery Road Digital Holdings, Egypt’s Algebra Ventures, Uber co-founder and former CTO Oscar Salazar

Results

1.30pm Handicap (PA) Dh50,000 (Dirt) 1,400m

Winner Al Suhooj, Saif Al Balushi (jockey), Khalifa Al Neyadi (trainer)

2pm Handicap (TB) 68,000 (D) 1,950m

Winner Miracle Maker, Xavier Ziani, Salem bin Ghadayer

2.30pm Maiden (TB) Dh60,000 (D) 1,600m

Winner Mazagran, Tadhg O’Shea, Satish Seemar

3pm Handicap (TB) Dh84,000 (D) 1,800m

Winner Tailor’s Row, Royston Ffrench, Salem bin Ghadayer

3.30pm Handicap (TB) Dh76,000 (D) 1,400m

Winner Alla Mahlak, Adrie de Vries, Rashed Bouresly

4pm Maiden (TB) Dh60,000 (D) 1,200m

Winner Hurry Up, Royston Ffrench, Salem bin Ghadayer

4.30pm Handicap (TB) Dh68,000 (D) 1,200m

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 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 BOX:

Company/date started: 2015

Founder/CEO: Rami Salman, Rishav Jalan, Ayush Chordia

Based: Dubai, UAE

Sector: Technology, Sales, Voice, Artificial Intelligence

Size: (employees/revenue) 10/ 100,000 downloads

Stage: 1 ($800,000)

Investors: Eight first-round investors including, Beco Capital, 500 Startups, Dubai Silicon Oasis, Hala Fadel, Odin Financial Services, Dubai Angel Investors, Womena, Arzan VC

 

How to apply for a drone permit
  • Individuals must register on UAE Drone app or website using their UAE Pass
  • Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
  • Upload the training certificate from a centre accredited by the GCAA
  • Submit their request
What are the regulations?
  • Fly it within visual line of sight
  • Never over populated areas
  • Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
  • Users must avoid flying over restricted areas listed on the UAE Drone app
  • Only fly the drone during the day, and never at night
  • Should have a live feed of the drone flight
  • Drones must weigh 5 kg or less
Gulf Under 19s final

Dubai College A 50-12 Dubai College B

The biog

Name: Dhabia Khalifa AlQubaisi

Age: 23

How she spends spare time: Playing with cats at the clinic and feeding them

Inspiration: My father. He’s a hard working man who has been through a lot to provide us with everything we need

Favourite book: Attitude, emotions and the psychology of cats by Dr Nicholes Dodman

Favourit film: 101 Dalmatians - it remind me of my childhood and began my love of dogs 

Word of advice: By being patient, good things will come and by staying positive you’ll have the will to continue to love what you're doing

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UAE SQUAD

Khalid Essa, Ali Khaseif, Fahad Al Dhanhani, Adel Al Hosani, Bandar Al Ahbabi, Mohammad Barghash, Salem Rashid, Khalifa Al Hammadi, Shaheen Abdulrahman, Hassan Al Mahrami, Walid Abbas, Mahmoud Khamis, Yousef Jaber, Majed Sorour, Majed Hassan, Ali Salmeen, Abdullah Ramadan, Abdullah Al Naqbi, Khalil Al Hammadi, Fabio De Lima, Khalfan Mubarak, Tahnoon Al Zaabi, Ali Saleh, Caio Canedo, Ali Mabkhout, Sebastian Tagliabue, Zayed Al Ameri

Updated: October 17, 2023, 12:03 PM