Belarusian Olympic sprinter Krystsina Tsimanouskaya at a press conference in Warsaw. Tsimanouskaya and her husband, currently in Ukraine, have been granted Polish humanitarian visas. EPA
Belarusian Olympic sprinter Krystsina Tsimanouskaya at a press conference in Warsaw. Tsimanouskaya and her husband, currently in Ukraine, have been granted Polish humanitarian visas. EPA
Belarusian Olympic sprinter Krystsina Tsimanouskaya at a press conference in Warsaw. Tsimanouskaya and her husband, currently in Ukraine, have been granted Polish humanitarian visas. EPA
Belarusian Olympic sprinter Krystsina Tsimanouskaya at a press conference in Warsaw. Tsimanouskaya and her husband, currently in Ukraine, have been granted Polish humanitarian visas. EPA

Two coaches removed from Tokyo Olympics in Belarus sprinter case


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Two Belarus team coaches have been removed from the Olympics, four days after they were allegedly involved in trying to send sprinter Krystsina Tsimanouskaya back to their country.

The International Olympic Committee said on Friday it has canceled and removed the credentials of Artur Shimak and Yury Maisevich.

“The two coaches were requested to leave the Olympic Village immediately and have done so,” the IOC said.

It was done as an interim measure during a formal investigation “in the interest of the wellbeing of the athletes,” the Olympic body said.

Shimak and Maisevich continued to have contact with Belarusian athletes after the IOC linked them to taking Tsimanouskaya in a car to the airport to put her on a plane to Belarus.

Tsimanouskaya had criticised team coaches on social media and is now in Poland on a humanitarian visa.

The IOC said Shimak and Maisevich “will be offered an opportunity to be heard” by its disciplinary commission investigating the case.

The row blew up after Tsimanouskaya, who was entered in the 100 and 200 metres, complained about being entered into the 4x400m relay without being consulted.

She said she was "surprised that the situation became such a political scandal because it started out as a sporting issue", adding that "she was "not thinking about political asylum" in EU member Poland.

"I just want to pursue my sporting career," Tsimanouskaya said.

She said she feared for her life if forced back to Belarus, which has witnessed political upheaval after Alexander Lukashenko returned to power last year.

  • Belarusian sprinter Krystsina Tsimanouskaya talks with police officers at Haneda international airport in Tokyo, Japan.
    Belarusian sprinter Krystsina Tsimanouskaya talks with police officers at Haneda international airport in Tokyo, Japan.
  • Accreditation card of Belarusian sprinter Krystsina Tsimanouskaya is seen at Haneda international airport in Tokyo, Japan.
    Accreditation card of Belarusian sprinter Krystsina Tsimanouskaya is seen at Haneda international airport in Tokyo, Japan.
  • The International Olympic Committee said it had spoken to Tsimanouskaya and that she was being accompanied by a Tokyo 2020 staff member at the airport.
    The International Olympic Committee said it had spoken to Tsimanouskaya and that she was being accompanied by a Tokyo 2020 staff member at the airport.
  • Tomoko Uraki, member of Japan lawyers network for refugees is stopped by a police officer outside the police station that Krystsina Tsimanouskaya is believed to be inside at Haneda airport in Toko.
    Tomoko Uraki, member of Japan lawyers network for refugees is stopped by a police officer outside the police station that Krystsina Tsimanouskaya is believed to be inside at Haneda airport in Toko.
  • A Reuters photographer saw the athlete standing next to police at the airport. "I think I am safe," Tsimanouskaya said. "I am with the police."
    A Reuters photographer saw the athlete standing next to police at the airport. "I think I am safe," Tsimanouskaya said. "I am with the police."
  • The Constitutional Democratic Party of Japan lawmaker Taiga Ishikawa speaks to media after he tried to meet with Belarusian sprinter Krystsina Tsimanouskaya at Haneda international airport.
    The Constitutional Democratic Party of Japan lawmaker Taiga Ishikawa speaks to media after he tried to meet with Belarusian sprinter Krystsina Tsimanouskaya at Haneda international airport.
  • A Belarusian sprinter refused to get on a flight from Tokyo on Sunday after being taken to the airport against her wishes by her team following her complaints about national coaching staff at the Olympic Games.
    A Belarusian sprinter refused to get on a flight from Tokyo on Sunday after being taken to the airport against her wishes by her team following her complaints about national coaching staff at the Olympic Games.
  • The Constitutional Democratic Party of Japan lawmaker Taiga Ishikawa uses his smartphone after he tried to meet with Belarusian sprinter Krystsina Tsimanouskaya at Haneda international airport, in Tokyo, Japan.
    The Constitutional Democratic Party of Japan lawmaker Taiga Ishikawa uses his smartphone after he tried to meet with Belarusian sprinter Krystsina Tsimanouskaya at Haneda international airport, in Tokyo, Japan.
  • Krystsina Tsimanouskaya of Belarus reacts after competing in Heat 6 of the women's 100m at the Tokyo Olympic Games.
    Krystsina Tsimanouskaya of Belarus reacts after competing in Heat 6 of the women's 100m at the Tokyo Olympic Games.
  • Belarus' Krystsina Tsimanouskaya, far left, had been critical of the her coaches' negligence in Tokyo.
    Belarus' Krystsina Tsimanouskaya, far left, had been critical of the her coaches' negligence in Tokyo.
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Leap of Faith

Michael J Mazarr

Public Affairs

Dh67
 

How it works

Each player begins with one of the great empires of history, from Julius Caesar's Rome to Ramses of Egypt, spread over Europe and the Middle East.

Round by round, the player expands their empire. The more land they have, the more money they can take from their coffers for each go.

As unruled land and soldiers are acquired, players must feed them. When a player comes up against land held by another army, they can choose to battle for supremacy.

A dice-based battle system is used and players can get the edge on their enemy with by deploying a renowned hero on the battlefield.

Players that lose battles and land will find their coffers dwindle and troops go hungry. The end goal? Global domination of course.

SPECS

Engine: Two-litre four-cylinder turbo
Power: 235hp
Torque: 350Nm
Transmission: Nine-speed automatic
Price: From Dh167,500 ($45,000)
On sale: Now

Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

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Fund-raising tips for start-ups

Develop an innovative business concept

Have the ability to differentiate yourself from competitors

Put in place a business continuity plan after Covid-19

Prepare for the worst-case scenario (further lockdowns, long wait for a vaccine, etc.) 

Have enough cash to stay afloat for the next 12 to 18 months

Be creative and innovative to reduce expenses

Be prepared to use Covid-19 as an opportunity for your business

* Tips from Jassim Al Marzooqi and Walid Hanna

FIXTURES

Monday, January 28
Iran v Japan, Hazza bin Zayed Stadium (6pm)

Tuesday, January 29
UAEv Qatar, Mohamed Bin Zayed Stadium (6pm)

Friday, February 1
Final, Zayed Sports City Stadium (6pm)

Cultural fiesta

What: The Al Burda Festival
When: November 14 (from 10am)
Where: Warehouse421,  Abu Dhabi
The Al Burda Festival is a celebration of Islamic art and culture, featuring talks, performances and exhibitions. Organised by the Ministry of Culture and Knowledge Development, this one-day event opens with a session on the future of Islamic art. With this in mind, it is followed by a number of workshops and “masterclass” sessions in everything from calligraphy and typography to geometry and the origins of Islamic design. There will also be discussions on subjects including ‘Who is the Audience for Islamic Art?’ and ‘New Markets for Islamic Design.’ A live performance from Kuwaiti guitarist Yousif Yaseen should be one of the highlights of the day. 

The Pope's itinerary

Sunday, February 3, 2019 - Rome to Abu Dhabi
1pm: departure by plane from Rome / Fiumicino to Abu Dhabi
10pm: arrival at Abu Dhabi Presidential Airport


Monday, February 4
12pm: welcome ceremony at the main entrance of the Presidential Palace
12.20pm: visit Abu Dhabi Crown Prince at Presidential Palace
5pm: private meeting with Muslim Council of Elders at Sheikh Zayed Grand Mosque
6.10pm: Inter-religious in the Founder's Memorial


Tuesday, February 5 - Abu Dhabi to Rome
9.15am: private visit to undisclosed cathedral
10.30am: public mass at Zayed Sports City – with a homily by Pope Francis
12.40pm: farewell at Abu Dhabi Presidential Airport
1pm: departure by plane to Rome
5pm: arrival at the Rome / Ciampino International Airport

Business Insights
  • As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses. 
  • SMEs with revenue below Dh3 million per annum can opt for transitional relief until 2026, treating them as having no taxable income. 
  • Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.
Farasan Boat: 128km Away from Anchorage

Director: Mowaffaq Alobaid 

Stars: Abdulaziz Almadhi, Mohammed Al Akkasi, Ali Al Suhaibani

Rating: 4/5

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Fire and Fury
By Michael Wolff,
Henry Holt

F1 2020 calendar

March 15 - Australia, Melbourne; March 22 - Bahrain, Sakhir; April 5 - Vietnam, Hanoi; April 19 - China, Shanghai; May 3 - Netherlands, Zandvoort; May 20 - Spain, Barcelona; May 24 - Monaco, Monaco; June 7 - Azerbaijan, Baku; June 14 - Canada, Montreal; June 28 - France, Le Castellet; July 5 - Austria, Spielberg; July 19 - Great Britain, Silverstone; August 2 - Hungary, Budapest; August 30 - Belgium, Spa; September 6 - Italy, Monza; September 20 - Singapore, Singapore; September 27 - Russia, Sochi; October 11 - Japan, Suzuka; October 25 - United States, Austin; November 1 - Mexico City, Mexico City; November 15 - Brazil, Sao Paulo; November 29 - Abu Dhabi, Abu Dhabi.

Teams in the EHL

White Bears, Al Ain Theebs, Dubai Mighty Camels, Abu Dhabi Storms, Abu Dhabi Scorpions and Vipers

Our legal consultant

Name: Dr Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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.”

Key findings of Jenkins report
  • Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
  • Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
  • Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
  • Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
Company%20profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Fasset%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2019%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Mohammad%20Raafi%20Hossain%2C%20Daniel%20Ahmed%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%3C%2Fstrong%3E%20%242.45%20million%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2086%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Pre-series%20B%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Investcorp%2C%20Liberty%20City%20Ventures%2C%20Fatima%20Gobi%20Ventures%2C%20Primal%20Capital%2C%20Wealthwell%20Ventures%2C%20FHS%20Capital%2C%20VN2%20Capital%2C%20local%20family%20offices%3C%2Fp%3E%0A
Drivers’ championship standings after Singapore:

1. Lewis Hamilton, Mercedes - 263
2. Sebastian Vettel, Ferrari - 235
3. Valtteri Bottas, Mercedes - 212
4. Daniel Ricciardo, Red Bull - 162
5. Kimi Raikkonen, Ferrari - 138
6. Sergio Perez, Force India - 68

GIANT REVIEW

Starring: Amir El-Masry, Pierce Brosnan

Director: Athale

Rating: 4/5

Updated: August 06, 2021, 6:23 AM