Indian Dubai pupil, 8, scales Mount Everest base camp at first attempt


Anam Rizvi
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Scaling the base camp of the world’s highest peak is a distant dream for many, but an eight-year-old Dubai pupil has managed to accomplish the challenge in his first major trek.

Oscar Pacheco, a year three pupil at Gems Modern Academy, climbed 5,364 metres over the course of nine days to reach Mount Everest's base camp on April 4.

From walking across narrow and high suspension bridges along with yaks and donkeys, to landing at Tenzing-Hillary Airport, famous for being the world’s most dangerous airport with a runway of 500m and built just off a cliff, Oscar’s trip was dotted with highlights. However, none matched his experience of reaching the base camp.

“When I reached the base camp I was excited because I felt that if I could do this, I could play any sport,” Oscar said.

It was a long way, so we talked to each other, played games and sang songs
Oscar Pacheco

While it was initially his father Ryan’s plan to reach the base camp, the pupil was inspired to attempt the feat and started training with him every week.

“Through the trek, there were times when I felt like giving up, especially during the steep climbs, but my father motivated me and kept me going,” Oscar said.

“It was really tiring for me because we had to walk seven or eight hours every day.

“It was a long way, so we talked to each other, played games and sang songs.”

One of the scariest memories of the trip for Oscar was crossing a narrow bridge suspended on rivers in the mountains.

“It was so scary that I was shaking while crossing it,” he said.

Oscar said landing at Tenzing-Hillary Airport in Lukla, Nepal, was the most fun experience he has had to date.

"I love to be outdoors," he added. "I’ve been out camping in the desert and trekking through mountainous rocky terrains since I was much younger with my siblings."

Emotional moment

Oscar Pacheco, a year three pupil at Gems Modern Academy, climbed 5,364 metres over the course of nine days to reach Mount Everest base camp on April 4. Photo: Oscar Pacheco
Oscar Pacheco, a year three pupil at Gems Modern Academy, climbed 5,364 metres over the course of nine days to reach Mount Everest base camp on April 4. Photo: Oscar Pacheco

Oscar's father Ryan, who works in entertainment, said reaching the base camp with his son was a memorable moment.

“We were quite emotional," Mr Pacheco said. "It was sheer joy accompanied with minutes of disbelief. I think Oscar was a champ.

“This has been our first [major climb] and we are definitely looking forward to scaling Annapurna or Kangchenjunga [in Nepal] next."

Annapurna is the 10th-highest mountain in the world at 8,091 metres, while Kanchenjunga is the third-highest peak.

Asked if he thought his son was ready to scale these peaks, Mr Pacheco replied: “Why not? If he could do this one, he can do any other.”

Extensive planning

Oscar's father Ryan, who works in entertainment, said reaching the base camp with his son was a great moment for him. Photo: Oscar Pacheco
Oscar's father Ryan, who works in entertainment, said reaching the base camp with his son was a great moment for him. Photo: Oscar Pacheco

Their plan to reach the Everest base camp started over a dinner when some neighbours spoke of the Nepal-born British mountaineer, Nimsdai ‘Nims’ Purja, who climbed the 14 peaks in just six months.

The father-and-son duo trained in Wadi Shawka in Ras Al Khaimah every weekend for three months to build endurance levels before they left for Nepal.

They carried out extensive research and connected with tour companies in Nepal to plan their itinerary. They were given insights on how to complete the trek and understand the risks of trekking with someone so young.

“Every weekend morning at 5am, we used to head out to the Shawka mountains," Mr Pacheco said. "There were 700 steps there. We would go up the steps twice, thrice, until we did it five times on that last weekend before we left for Kathmandu."

“From the age of four, we used to take Oscar trekking and camping so he's at this level," he added.

"I do a lot of off-roading and outdoor activities and we always end the day with a camp-out. That's how Oscar developed a liking for the outdoors and trekking.”

Their epic quest started on March 26, when they travelled from Dubai to Kathmandu. They then flew to Lukla, where they met two sherpas who helped them to bring their luggage to the base camp.

They then started off towards Phakding and went to Namche Bazaar, Tengboche, Dingboche, Lobuche and Gorakshep, before ending their nine-day hike at Everest base camp.

Along the way, they stopped at towns and villages, met locals and enjoyed the traditional Nepali staple Dal Bhat, a dish made of lentils and rice. They also visited Buddhist monasteries, museums and shopped at local markets.

Mr Pacheco said he hesitated initially when planning the trip as he was worried that Oscar was too young for their first major trek.

He was also concerned about whether reduced oxygen levels or altitude sickness would affect either of them.

“But then I said [to myself] if I didn't give it a shot, I won’t know his potential," Mr Pacheco said.

“The toughest part was trying to keep ourselves motivated even in situations where we had reduced oxygen levels.

"In the end, in those last three, four days, as you scale higher, you have reduced oxygen levels and very thin air. That was the biggest challenge."

How the UAE gratuity payment is calculated now

Employees leaving an organisation are entitled to an end-of-service gratuity after completing at least one year of service.

The tenure is calculated on the number of days worked and does not include lengthy leave periods, such as a sabbatical. If you have worked for a company between one and five years, you are paid 21 days of pay based on your final basic salary. After five years, however, you are entitled to 30 days of pay. The total lump sum you receive is based on the duration of your employment.

1. For those who have worked between one and five years, on a basic salary of Dh10,000 (calculation based on 30 days):

a. Dh10,000 ÷ 30 = Dh333.33. Your daily wage is Dh333.33

b. Dh333.33 x 21 = Dh7,000. So 21 days salary equates to Dh7,000 in gratuity entitlement for each year of service. Multiply this figure for every year of service up to five years.

2. For those who have worked more than five years

c. 333.33 x 30 = Dh10,000. So 30 days’ salary is Dh10,000 in gratuity entitlement for each year of service.

Note: The maximum figure cannot exceed two years total salary figure.

How Tesla’s price correction has hit fund managers

Investing in disruptive technology can be a bumpy ride, as investors in Tesla were reminded on Friday, when its stock dropped 7.5 per cent in early trading to $575.

It recovered slightly but still ended the week 15 per cent lower and is down a third from its all-time high of $883 on January 26. The electric car maker’s market cap fell from $834 billion to about $567bn in that time, a drop of an astonishing $267bn, and a blow for those who bought Tesla stock late.

The collapse also hit fund managers that have gone big on Tesla, notably the UK-based Scottish Mortgage Investment Trust and Cathie Wood’s ARK Innovation ETF.

Tesla is the top holding in both funds, making up a hefty 10 per cent of total assets under management. Both funds have fallen by a quarter in the past month.

Matt Weller, global head of market research at GAIN Capital, recently warned that Tesla founder Elon Musk had “flown a bit too close to the sun”, after getting carried away by investing $1.5bn of the company’s money in Bitcoin.

He also predicted Tesla’s sales could struggle as traditional auto manufacturers ramp up electric car production, destroying its first mover advantage.

AJ Bell’s Russ Mould warns that many investors buy tech stocks when earnings forecasts are rising, almost regardless of valuation. “When it works, it really works. But when it goes wrong, elevated valuations leave little or no downside protection.”

A Tesla correction was probably baked in after last year’s astonishing share price surge, and many investors will see this as an opportunity to load up at a reduced price.

Dramatic swings are to be expected when investing in disruptive technology, as Ms Wood at ARK makes clear.

Every week, she sends subscribers a commentary listing “stocks in our strategies that have appreciated or dropped more than 15 per cent in a day” during the week.

Her latest commentary, issued on Friday, showed seven stocks displaying extreme volatility, led by ExOne, a leader in binder jetting 3D printing technology. It jumped 24 per cent, boosted by news that fellow 3D printing specialist Stratasys had beaten fourth-quarter revenues and earnings expectations, seen as good news for the sector.

By contrast, computational drug and material discovery company Schrödinger fell 27 per cent after quarterly and full-year results showed its core software sales and drug development pipeline slowing.

Despite that setback, Ms Wood remains positive, arguing that its “medicinal chemistry platform offers a powerful and unique view into chemical space”.

In her weekly video view, she remains bullish, stating that: “We are on the right side of change, and disruptive innovation is going to deliver exponential growth trajectories for many of our companies, in fact, most of them.”

Ms Wood remains committed to Tesla as she expects global electric car sales to compound at an average annual rate of 82 per cent for the next five years.

She said these are so “enormous that some people find them unbelievable”, and argues that this scepticism, especially among institutional investors, “festers” and creates a great opportunity for ARK.

Only you can decide whether you are a believer or a festering sceptic. If it’s the former, then buckle up.

Ordinary Virtues: Moral Order in a Divided World by Michael Ignatieff
Harvard University Press

Points tally

1. Australia 52; 2. New Zealand 44; 3. South Africa 36; 4. Sri Lanka 35; 5. UAE 27; 6. India 27; 7. England 26; 8. Singapore 8; 9. Malaysia 3

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UAE currency: the story behind the money in your pockets
Indoor Cricket World Cup Dubai 2017

Venue Insportz, Dubai; Admission Free

Fixtures - Open Men 2pm: India v New Zealand, Malaysia v UAE, Singapore v South Africa, Sri Lanka v England; 8pm: Australia v Singapore, India v Sri Lanka, England v Malaysia, New Zealand v South Africa

Fixtures - Open Women Noon: New Zealand v England, UAE v Australia; 6pm: England v South Africa, New Zealand v Australia

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Updated: May 31, 2022, 12:19 PM