A UAE spacecraft that reached Mars's orbit last year has sent back thousands of images that show the stunning geographical features of the mysterious red planet.
From views of the elusive auroras that have puzzled scientists to enormous volcanoes visible from space, the Hope orbiter has recorded plenty of images since it arrived on February 9, 2021.
More than 100 gigabytes of scientific data captured by the spacecraft’s three instruments has already been released to the public, including readings on the planet’s atmospheric conditions.
It is the first successful interplanetary mission by an Arab country, paving the way for the Emirates to take on even more ambitious projects.
The National highlights some of the most remarkable images captured by the spacecraft.
First image by Hope
Less than a week after Hope reached Mars, it beamed back its first image of the planet.
It showed the Tharsis Montes region, an area that has three large shield volcanoes, in sharp detail.
The Olympus Mons, the largest volcano in the solar system, at sunrise was also visible.
Captured 24,700 kilometres above the surface of Mars, the North Pole of the planet can be seen in the upper left of the image.
Ice clouds are visible over the southern highlands and the Alba Mona Volcano.
Tectonic fissures
On March 15, the spacecraft captured an image of Cerberus Fossae, a series of fissures that formed when the crust was pulled apart in the region.
The fracture system stretches more than 1,000 kilometres across the Martian surface.
It is a tectonically and volcanically active region that experiences Marsquakes.
It is believed the fractures could be related to the nearby volcanic systems, such as Elysium and Tharsis.
Some experts have said these fractures may have been the source for catastrophic releases of groundwater, triggered by volcanic activity.
Hope captured the image when it was closest to Mars’s planetary surface.
Largest mountain in solar system
The spacecraft offered a detailed look at Olympus Mons a few weeks after reaching Mars.
Taken from 13,007km above the planet, the image shows the largest volcano in the solar system in stunning detail.
It was first shared by Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, on his social media accounts.
“Olympus Mons … highest peak in our solar system. Almost three times the height of Mount Everest. Taken by Hope Probe at 13,000km above Mars surface,” he wrote.
The volcano is located in the Tharsis region of Mars and measures 642 kilometres in diameter.
Aurora on Mars
In April, Hope captured the discrete aurora on Mars – similar to the Northern Lights on Earth.
It was the first time such clear observations had been made. Scientific images were released at the time, along with an artist’s impression of what the aurora could look like on Mars.
The rare phenomenon occurs around Mars’s irregular crustal magnetic field and is created when energetic electrons in the upper atmosphere collide with gas molecules in the atmosphere.
This causes ionisation, dissociation of molecules and emission of photons – causing the 'dancing lights’.
There are two other types of aurora that have been documented before, the diffuse and the proton.
Bright hemisphere
Hope took photos of a fully illuminated hemisphere of Mars.
These were similar to observations carried out regularly by weather satellites around Earth.
Captured 20,260km above the planetary surface, the image was taken when it was late spring in its northern hemisphere.
Mars’ northern and southern hemisphere are different from each other. The northern part has non-volcanic and flat lowlands, while the south hosts volcanoes that are scattered throughout on high land.
Inside the Dubai ground control that tracks UAE's Mars spacecraft - in pictures
Predictions
Predicted winners for final round of games before play-offs:
- Friday: Delhi v Chennai - Chennai
- Saturday: Rajasthan v Bangalore - Bangalore
- Saturday: Hyderabad v Kolkata - Hyderabad
- Sunday: Delhi v Mumbai - Mumbai
- Sunday - Chennai v Punjab - Chennai
Final top-four (who will make play-offs): Chennai, Hyderabad, Mumbai and Bangalore
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Asia Cup 2018 final
Who: India v Bangladesh
When: Friday, 3.30pm, Dubai International Stadium
Watch: Live on OSN Cricket HD
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Tips for newlyweds to better manage finances
All couples are unique and have to create a financial blueprint that is most suitable for their relationship, says Vijay Valecha, chief investment officer at Century Financial. He offers his top five tips for couples to better manage their finances.
Discuss your assets and debts: When married, it’s important to understand each other’s personal financial situation. It’s necessary to know upfront what each party brings to the table, as debts and assets affect spending habits and joint loan qualifications. Discussing all aspects of their finances as a couple prevents anyone from being blindsided later.
Decide on the financial/saving goals: Spouses should independently list their top goals and share their lists with one another to shape a joint plan. Writing down clear goals will help them determine how much to save each month, how much to put aside for short-term goals, and how they will reach their long-term financial goals.
Set a budget: A budget can keep the couple be mindful of their income and expenses. With a monthly budget, couples will know exactly how much they can spend in a category each month, how much they have to work with and what spending areas need to be evaluated.
Decide who manages what: When it comes to handling finances, it’s a good idea to decide who manages what. For example, one person might take on the day-to-day bills, while the other tackles long-term investments and retirement plans.
Money date nights: Talking about money should be a healthy, ongoing conversation and couples should not wait for something to go wrong. They should set time aside every month to talk about future financial decisions and see the progress they’ve made together towards accomplishing their goals.
UAE'S%20YOUNG%20GUNS
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%3Cp%3E%3Ca%20href%3D%22https%3A%2F%2Fwww.thenationalnews.com%2Fbusiness%2Feconomy%2Fislamic-economy-consumer-spending-to-increase-45-to-3-2tn-by-2024-1.936583%22%20target%3D%22_self%22%3EGlobal%20Islamic%20economy%20to%20grow%203.1%25%20to%20touch%20%242.4%20trillion%20by%202024%3C%2Fa%3E%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3E%3Ca%20href%3D%22https%3A%2F%2Fwww.thenationalnews.com%2Fbusiness%2Feconomy%2Fuk-economy-plunges-into-worst-ever-recession-after-record-20-4-contraction-1.1062560%22%20target%3D%22_self%22%3EUK%20economy%20plunges%20into%20worst-ever%20recession%20after%20record%2020.4%25%20contraction%3C%2Fa%3E%3C%2Fp%3E%0A%3Cp%3E%3Ca%20href%3D%22https%3A%2F%2Fwww.thenationalnews.com%2Fbusiness%2Feconomy%2Fislamic-economy-consumer-spending-to-increase-45-to-3-2tn-by-2024-1.936583%22%20target%3D%22_self%22%3EIslamic%20economy%20consumer%20spending%20to%20increase%2045%25%20to%20%243.2tn%20by%202024%3C%2Fa%3E%3C%2Fp%3E%0A
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.”
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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.
German intelligence warnings
- 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
- 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
- 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250
Source: Federal Office for the Protection of the Constitution