Abu Dhabi Ocean Racing's 'Azzam' is prepared to be loaded onto a container ship in Punta del Este, Chile, bound for Itajai, Brazil to complete leg 5 of the Volvo Ocean Race.
Abu Dhabi Ocean Racing's 'Azzam' is prepared to be loaded onto a container ship in Punta del Este, Chile, bound for Itajai, Brazil to complete leg 5 of the Volvo Ocean Race.
Abu Dhabi Ocean Racing's 'Azzam' is prepared to be loaded onto a container ship in Punta del Este, Chile, bound for Itajai, Brazil to complete leg 5 of the Volvo Ocean Race.
Abu Dhabi Ocean Racing's 'Azzam' is prepared to be loaded onto a container ship in Punta del Este, Chile, bound for Itajai, Brazil to complete leg 5 of the Volvo Ocean Race.

Shore team awaits shipment of Azzam to Itajai, Brazil


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Abu Dhabi Ocen Racing's Azzam departed Tuesday from Chile aboard a cargo ship for a week-long passage to the Brazilian coast and Itajai, the concluding port for Leg 5 of the Volvo Ocean Race.

The Abu Dhabi Ocean Racing entry, retired from Leg 5 with a damaged hull while holding fifth-place overall, should arrive next Tuesday in the sixth stopover for an estimated 72 hours of repairs before an in-port race on April 21, according to a team spokesman.

Ian Walker, the skipper, had announced that shore team members Tim Collen and Sam Bourne would board the ship so as to make any attainable repairs along the way through the Strait of Magellan and into the Atlantic Ocean.

Upon arrival, Azzam will get new core foam on both sides of the hull, shipped from the Italian factory that built the boat.

From Brazil, the shore team member and reserve Emirati sailor Butti Al Muhairi wrote: "We are well here in Itajai, preparing a lot of stuff for when the boat will arrive so that we can fix it, fast and easy."

Meanwhile, two other stricken boats forged milestones in their resumptions of the monster 6,705-nautical-mile leg from Auckland, New Zealand.

The French entry Groupama reaped the 20 third-place points for the leg Tuesday when it sailed remarkably into Itajai four days after resuming and six days after a dismasting while leading.

And the Spanish-Kiwi boat Camper With Emirates Team New Zealand, chasing 15 points for fourth place, neared Cape Horn at the tip of South America, having diverted to Chile for hull repairs.

"It should come pretty close between us and the ship," Camper skipper Chris Nicholson quipped. "But they get to cut the corner" with the Strait of Magellan, "to chop about 400 miles off the course".

The American entry Puma won the leg last Saturday, 12 minutes ahead of the Spanish entry Telefonica, the overall race leader.

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The specs

Engine: 3.0-litre six-cylinder MHEV

Power: 360bhp

Torque: 500Nm

Transmission: eight-speed automatic

Price: from Dh282,870

On sale: now

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Milestones on the road to union

1970

October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar. 

December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.

1971

March 1:  Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.

July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.

July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.

August 6:  The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.

August 15: Bahrain becomes independent.

September 3: Qatar becomes independent.

November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.

November 29:  At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.

November 30: Despite  a power sharing agreement, Tehran takes full control of Abu Musa. 

November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties

December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.

December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.

December 9: UAE joins the United Nations.

'Downton Abbey: A New Era'

Director: Simon Curtis

 

Cast: Hugh Bonneville, Elizabeth McGovern, Maggie Smith, Michelle Dockery, Laura Carmichael, Jim Carter and Phyllis Logan

 

Rating: 4/5

 
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The biog

Fast facts on Neil Armstrong’s personal life:

  • Armstrong was born on August 5, 1930, in Wapakoneta, Ohio
  • He earned his private pilot’s license when he was 16 – he could fly before he could drive
  • There was tragedy in his married life: Neil and Janet Armstrong’s daughter Karen died at the age of two in 1962 after suffering a brain tumour. She was the couple’s only daughter. Their two sons, Rick and Mark, consulted on the film
  • After Armstrong departed Nasa, he bought a farm in the town of Lebanon, Ohio, in 1971 – its airstrip allowed him to tap back into his love of flying
  • In 1994, Janet divorced Neil after 38 years of marriage. Two years earlier, Neil met Carol Knight, who became his second wife in 1994 
The 12 breakaway clubs

England

Arsenal, Chelsea, Liverpool, Manchester City, Manchester United, Tottenham Hotspur

Italy
AC Milan, Inter Milan, Juventus

Spain
Atletico Madrid, Barcelona, Real Madrid

Singham Again

Director: Rohit Shetty

Stars: Ajay Devgn, Kareena Kapoor Khan, Ranveer Singh, Akshay Kumar, Tiger Shroff, Deepika Padukone

Rating: 3/5

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.
ENGLAND SQUAD

Eoin Morgan (captain), Moeen Ali, Jonny Bairstow, Sam Billings, Jos Buttler, Tom Curran, Alex Hales, Liam Plunkett, Adil Rashid, Joe Root, Jason Roy, Ben Stokes, David Willey, Chris Woakes, Mark Wood

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

 

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

Friday’s fixture

6.15pm: Al Wahda v Hatta

6.15pm: Al Dhafra v Ajman

9pm: Al Wasl v Baniyas

9pm: Fujairah v Sharjah

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