• An artist's impression of the UAE's lunar rover called Rashid.
    An artist's impression of the UAE's lunar rover called Rashid.
  • Dr Hamad Al Marzooqi, project manager of the Emirates Lunar Mission at the Mohammed bin Rashid Space Centre. Chris Whiteoak / The National
    Dr Hamad Al Marzooqi, project manager of the Emirates Lunar Mission at the Mohammed bin Rashid Space Centre. Chris Whiteoak / The National
  • An artist's impression of iSpace's Hakuto-Reboot lunar lander. It will carry UAE's Rashid rover to the surface of the Moon in 2022.
    An artist's impression of iSpace's Hakuto-Reboot lunar lander. It will carry UAE's Rashid rover to the surface of the Moon in 2022.
  • The UAE aims to land the Rashid rover on the near side of the Moon due to its smoother surface.
    The UAE aims to land the Rashid rover on the near side of the Moon due to its smoother surface.
  • The far side of the Moon remains largely unexplored, but Nasa is turning its focus back to the lunar surface.
    The far side of the Moon remains largely unexplored, but Nasa is turning its focus back to the lunar surface.
  • The HAKUTO-R lander, which will deliver the UAE's Rashid rover to the lunar surface in 2022, is now in final stages of assembly.
    The HAKUTO-R lander, which will deliver the UAE's Rashid rover to the lunar surface in 2022, is now in final stages of assembly.
  • The ispace team completed the assembly of the lander's structure thermal model in April. Courtesy: ispace
    The ispace team completed the assembly of the lander's structure thermal model in April. Courtesy: ispace
  • The final assembly of the lander is being carried out in co-operation with the Ariane Group GmbH at the Ariane Group facility in Lampoldshausen, Germany. Courtesy: ispace
    The final assembly of the lander is being carried out in co-operation with the Ariane Group GmbH at the Ariane Group facility in Lampoldshausen, Germany. Courtesy: ispace
  • Using a lander and rocket that is already available helps Emirati engineers and scientists get quicker and easier access to space. Courtesy: ispace
    Using a lander and rocket that is already available helps Emirati engineers and scientists get quicker and easier access to space. Courtesy: ispace
  • The initial concept design of the Rashid rover. Courtesy: MBRSC
    The initial concept design of the Rashid rover. Courtesy: MBRSC
  • Rashid rover's thermal imager will analyse the Moon's properties through thermal energy. Courtesy: MBRSC
    Rashid rover's thermal imager will analyse the Moon's properties through thermal energy. Courtesy: MBRSC
  • The Langmuir probes on the rover will analyse the lunar surface charge and electric fields. Courtesy: MBRSC
    The Langmuir probes on the rover will analyse the lunar surface charge and electric fields. Courtesy: MBRSC
  • One of the rover's two high-resolution optical imagers that will take photos of the Moon. Courtesy: MBRSC
    One of the rover's two high-resolution optical imagers that will take photos of the Moon. Courtesy: MBRSC

Lunar landing site of UAE’s Rashid rover revealed


Sarwat Nasir
  • English
  • Arabic

The Arab world’s first lunar rover, Rashid, will land on the north-eastern part of the Moon's near side, on a site known as the Lacus Somniorum.

The Latin phrase translates to "Lake of Dreams" and is the primary landing site for the UAE’s lunar mission in 2022. Three other spots have been selected as alternative sites as a precautionary measure.

Dr Hamad Al Marzooqi, project manager of the Emirates Lunar Mission, revealed the landing site to The National in an exclusive interview and said a launch window had been set for next year between August and December.

The UAE plans to land its Rashid rover at the 'Lake of Dreams'. Chris Whiteoak / The National
The UAE plans to land its Rashid rover at the 'Lake of Dreams'. Chris Whiteoak / The National

“Lacus Somniorum was selected as the primary landing site, but there are three other ones that have been chosen as back-ups,” he said.

“This is a place that was selected for two purposes – safety and science. Lunar missions always have areas that would be safe for landing, where you could avoid obstacles.

"The site was also selected because there is some interesting science.

“Landing missions do have back-up sites in case there are issues while landing on the primary landing site.”

Some of the scientific goals behind the mission include studying lunar soil, the geology of the Moon, dust movement and investigating the Moon's photoelectron sheath for one lunar day – about two weeks on Earth.

What is special about 'Lake of Dreams'?

The near side of the Moon has a smoother surface and fewer craters, but the terrain is still unpredictable.

The four-wheeled rover can climb over an obstacle up to 10 centimetres tall and descend a 20-degree slope.

Only a few space agencies have managed to land on the Moon and the success rate is less than 50 per cent. Chris Whiteoak / The National
Only a few space agencies have managed to land on the Moon and the success rate is less than 50 per cent. Chris Whiteoak / The National

But some basins on the near side of the Moon are so steep that were the rover to fall into one, it would be impossible for it to climb out.

Lacus Somniorum will be interesting to study because the surface has a unique composition. It was formed by flows of basaltic lava, giving it a reddish hue.

Timetable of the mission

A small team of engineers at the Mohammed bin Rashid Space Centre are building the 10-kilogram rover.

The first prototype of the lunar vehicle is complete and it will now undergo rigorous testing.

The actual rover sent to the Moon will be assembled once its prototype completes the tests.

A lander developed by Japanese company ispace will deliver the rover to the lunar surface.

The vehicle will be launched on a SpaceX flight from Kennedy Space Centre in Florida.

Once launched, the rover will take about three months to reach the Moon.

“The journey from the Earth to the Moon depends on the trajectory that you are going to select,” Dr Al Marzooqi said.

“The company we are working with is ispace and their approach is to go through the low-cost trajectory, which means that you will try to use as little fuel as possible in order to arrive at the Moon.

“So, the journey from Earth to the lunar surface will take around three months.”

If the launch happens at the beginning of August, the team predicts the landing sequence will begin by the end of November.

Mars images taken by the UAE's Hope probe - in pictures

  • The first image of Mars as taken by the UAE's Hope probe, which arrived at the planet on February 9.
    The first image of Mars as taken by the UAE's Hope probe, which arrived at the planet on February 9.
  • This image taken by the Hope probe's ultraviolet spectrometer (one of its three scientific instruments) shows sunlight reflecting off the extended cloud of atomic hydrogen gas that surrounds the planet Mars. The sunlight is visible only as a dark disk hidden inside the fog of gas. The Emirates Mars Mission team said that no other mission have made such kind of recordings before.
    This image taken by the Hope probe's ultraviolet spectrometer (one of its three scientific instruments) shows sunlight reflecting off the extended cloud of atomic hydrogen gas that surrounds the planet Mars. The sunlight is visible only as a dark disk hidden inside the fog of gas. The Emirates Mars Mission team said that no other mission have made such kind of recordings before.
  • The UAE's Hope probe captured a high-resolution photo of Mars.
    The UAE's Hope probe captured a high-resolution photo of Mars.
  • The Hope probe has shared new images from its journey in the orbit of Mars.
    The Hope probe has shared new images from its journey in the orbit of Mars.
  • This image was taken by the infrared spectrometer, another instrument on the Hope probe, from an altitude of about 15,000 kilometres. The image shows the surface temperature (left), centred on the Tharsis region of Mars. Dawn can be seen towards the right side. The low surface temperatures observed are due to the dusty nature of the Martian surface. An elevated nighttime atmospheric temperature at 25 km altitude (right) is also observed over the Tharsis region.
    This image was taken by the infrared spectrometer, another instrument on the Hope probe, from an altitude of about 15,000 kilometres. The image shows the surface temperature (left), centred on the Tharsis region of Mars. Dawn can be seen towards the right side. The low surface temperatures observed are due to the dusty nature of the Martian surface. An elevated nighttime atmospheric temperature at 25 km altitude (right) is also observed over the Tharsis region.
  • These images were captured by the eXploration imager, a high-resolution camera on the Hope probe. The red channel clearly shows the dark and light features of the Martian surface, while the water ice clouds stand out in the ultraviolet channel.
    These images were captured by the eXploration imager, a high-resolution camera on the Hope probe. The red channel clearly shows the dark and light features of the Martian surface, while the water ice clouds stand out in the ultraviolet channel.
  • Hope probe sent back an image of the Cerberus Fossae, an area on the planet known for 'Marsquakes'.
    Hope probe sent back an image of the Cerberus Fossae, an area on the planet known for 'Marsquakes'.
  • Surface and atmospheric temperature readings collected by the UAE's Hope probe.
    Surface and atmospheric temperature readings collected by the UAE's Hope probe.
  • Discrete aurora on Mars captured by UAE's Hope probe
    Discrete aurora on Mars captured by UAE's Hope probe
  • Discrete aurora on Mars captured by UAE's Hope probe
    Discrete aurora on Mars captured by UAE's Hope probe
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3ESmartCrowd%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2018%0D%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3ESiddiq%20Farid%20and%20Musfique%20Ahmed%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%20%2F%20PropTech%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%20%3C%2Fstrong%3E%24650%2C000%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2035%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3ESeries%20A%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EVarious%20institutional%20investors%20and%20notable%20angel%20investors%20(500%20MENA%2C%20Shurooq%2C%20Mada%2C%20Seedstar%2C%20Tricap)%3C%2Fp%3E%0A
The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
COMPANY%20PROFILE%20
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3EAlmouneer%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202017%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Dr%20Noha%20Khater%20and%20Rania%20Kadry%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EEgypt%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%20%3C%2Fstrong%3E120%3Cbr%3E%3Cstrong%3EInvestment%3A%20%3C%2Fstrong%3EBootstrapped%2C%20with%20support%20from%20Insead%20and%20Egyptian%20government%2C%20seed%20round%20of%20%3Cbr%3E%243.6%20million%20led%20by%20Global%20Ventures%3Cbr%3E%3C%2Fp%3E%0A
Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

Jetour T1 specs

Engine: 2-litre turbocharged

Power: 254hp

Torque: 390Nm

Price: From Dh126,000

Available: Now

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

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.”

The biog

Date of birth: 27 May, 1995

Place of birth: Dubai, UAE

Status: Single

School: Al Ittihad private school in Al Mamzar

University: University of Sharjah

Degree: Renewable and Sustainable Energy

Hobby: I enjoy travelling a lot, not just for fun, but I like to cross things off my bucket list and the map and do something there like a 'green project'.

Updated: August 19, 2021, 7:41 AM