• The first full-color image from Nasa's James Webb Space Telescope shows the galaxy cluster SMACS 0723. Photo: Nasa
    The first full-color image from Nasa's James Webb Space Telescope shows the galaxy cluster SMACS 0723. Photo: Nasa
  • This image made available by Nasa on March 16, 2022 shows star 2MASS J17554042+6551277 used to align the mirrors of the James Webb Space Telescope, with galaxies and stars surrounding it. The hexagonal shape of Webb’s mirrors and its filters made the shimmering star look more red and spiky. The first science images aren't expected until July 12. Photo: Nasa
    This image made available by Nasa on March 16, 2022 shows star 2MASS J17554042+6551277 used to align the mirrors of the James Webb Space Telescope, with galaxies and stars surrounding it. The hexagonal shape of Webb’s mirrors and its filters made the shimmering star look more red and spiky. The first science images aren't expected until July 12. Photo: Nasa
  • This photo provided by NASA shows a “selfie” created using a specialized pupil imaging lens inside of the NIRCam instrument that was designed to take images of the primary mirror segments instead of images of space. (NASA via AP)
    This photo provided by NASA shows a “selfie” created using a specialized pupil imaging lens inside of the NIRCam instrument that was designed to take images of the primary mirror segments instead of images of space. (NASA via AP)
  • Webb is able to look back in time 13 billion years, a mere 100 million years after the Big Bang. AP
    Webb is able to look back in time 13 billion years, a mere 100 million years after the Big Bang. AP
  • The James Webb Space Telescope separates from Arianespace's Ariane 5 rocket. AFP
    The James Webb Space Telescope separates from Arianespace's Ariane 5 rocket. AFP
  • Arianespace's Ariane 5 rocket, with Nasa's James Webb Space Telescope on board, takes off from the Guiana Space Centre in Kourou, French Guiana, on December 25, 2021. Reuters
    Arianespace's Ariane 5 rocket, with Nasa's James Webb Space Telescope on board, takes off from the Guiana Space Centre in Kourou, French Guiana, on December 25, 2021. Reuters
  • The James Webb Space Telescope will help answer fundamental questions about the universe, peering back in time 13 billion years. AFP
    The James Webb Space Telescope will help answer fundamental questions about the universe, peering back in time 13 billion years. AFP
  • Three decades and billions of dollars in the making, the world's most powerful space telescope will take up its position 1.5 million kilometres from the Earth. AFP
    Three decades and billions of dollars in the making, the world's most powerful space telescope will take up its position 1.5 million kilometres from the Earth. AFP
  • Nasa's James Webb Space Telescope is carried by rocket from Europe's Spaceport in French Guiana. AFP
    Nasa's James Webb Space Telescope is carried by rocket from Europe's Spaceport in French Guiana. AFP
  • This combination of images from an animation made available by Nasa shows the unfolding of the components of the James Webb Space Telescope. Webb is so big that it had to be folded origami-style to fit into the nose cone of the Ariane rocket. AP
    This combination of images from an animation made available by Nasa shows the unfolding of the components of the James Webb Space Telescope. Webb is so big that it had to be folded origami-style to fit into the nose cone of the Ariane rocket. AP

What does the James Webb Space Telescope’s first image show?


Sarwat Nasir
  • English
  • Arabic

Stunning images of the early cosmos have been captured by the $10 billion James Webb Space Telescope.

The first image from the telescope to be released shows in incredible detail the galaxy cluster SMACS 0723 as it was 4.6 billion years ago.

US President Joe Biden revealed the picture during a live-streamed briefing at the White House on Tuesday.

The Hubble Space Telescope has captured the same area before, but James Webb, the world’s most powerful space observatory, was able to capture more details and in much higher resolution.

Thousands of galaxies — including the faintest objects ever observed in the infrared — have appeared in Webb’s view for the first time
European Space Agency

The telescope was launched in December to study galaxies formed shortly after the birth of the universe. It is a project by Nasa, the European Space Agency and Canadian Space Agency.

The first full set of images taken by the telescope will be released today at 6.30pm, UAE time.

These findings will allow researchers to learn more about the galaxies’ masses, age, histories and composition.

“The image shows the galaxy cluster SMACS 0723 as it appeared 4.6 billion years ago,” the European Space Agency said.

“The combined mass of this galaxy cluster acts as a gravitational lens, magnifying much more distant galaxies behind it.”

How did James Webb capture this image?

The telescope’s NIRCam (near-infrared camera) instrument has brought distant galaxies into sharp focus, helping show that they have tiny, faint structures never seen before, including star clusters and diffuse features.

Through this camera, the space observatory produced the deepest and sharpest infrared image of the distant universe that is known so far, showing light that has been travelling for 13 billion years.

The NIRCam is able to image the earliest stars and galaxies by capturing their infrared light, radiant energy that is invisible to the human eye but is felt as heat.

“This deep field, taken by Webb’s Near-Infrared Camera, is a composite made from images at different wavelengths, totalling 12.5 hours — achieving depths at infrared wavelengths beyond the Hubble Space Telescope’s deepest fields, which took weeks,” the European Space Agency said.

“Thousands of galaxies — including the faintest objects ever observed in the infrared — have appeared in Webb’s view for the first time.

“This slice of the vast universe is approximately the size of a grain of sand held at arm’s length by someone on the ground.”

Telescope will look even further back in time

Nasa administrator Bill Nelson said that the telescope will soon look back 13.5 billion years in time to make newer discoveries.

“Light travels at 186,000 miles per second, and that light that you are seeing from one of those little specks, has been traveling for over 13 billion years,” he said.

“The universe is almost 13.8 billion years old, so we’re going back further. We’re making discoveries with this.

“You’re going to see whether or not planets are habitable because we’re able to determine their atmospheres’ chemical composition.”

  • Helix Nebula is a phase when a star like the Sun runs out of fuel, it expands and its outer layers puff off, and then the core of the star shrinks. All photos: Nasa
    Helix Nebula is a phase when a star like the Sun runs out of fuel, it expands and its outer layers puff off, and then the core of the star shrinks. All photos: Nasa
  • This Cartwheel Galaxy resembles a bull's eye, which is appropriate because its appearance is partly due to a smaller galaxy that passed through the middle of this object.
    This Cartwheel Galaxy resembles a bull's eye, which is appropriate because its appearance is partly due to a smaller galaxy that passed through the middle of this object.
  • On February 24, 1987, observers in the southern hemisphere saw a new object in a nearby galaxy called the Large Magellanic Cloud. This was one of the brightest supernova explosions in centuries and soon became known as Supernova 1987A.
    On February 24, 1987, observers in the southern hemisphere saw a new object in a nearby galaxy called the Large Magellanic Cloud. This was one of the brightest supernova explosions in centuries and soon became known as Supernova 1987A.
  • Messier 82, or M82, is a galaxy that is oriented edge-on to Earth. This gives astronomers an interesting view of what happens as this galaxy undergoes bursts of star formations.
    Messier 82, or M82, is a galaxy that is oriented edge-on to Earth. This gives astronomers an interesting view of what happens as this galaxy undergoes bursts of star formations.
  • Galaxy clusters are the largest objects in the universe held together by gravity. They contain enormous amounts of superheated gas, with temperatures of tens of millions of degrees, which glow brightly in X-rays and can be observed across millions of light years between galaxies.
    Galaxy clusters are the largest objects in the universe held together by gravity. They contain enormous amounts of superheated gas, with temperatures of tens of millions of degrees, which glow brightly in X-rays and can be observed across millions of light years between galaxies.
  • What will be the next star in our Milky Way galaxy to explode as a supernova? Astronomers aren't certain, but one candidate is in Eta Carinae, a volatile system containing two massive stars that closely orbit each other.
    What will be the next star in our Milky Way galaxy to explode as a supernova? Astronomers aren't certain, but one candidate is in Eta Carinae, a volatile system containing two massive stars that closely orbit each other.

He briefed Mr Biden and US Vice President Kamala Harris on the first image.

“What you’re seeing there is galaxies that are shining around other galaxies whose light has been bent and you’re seeing just a small portion of the universe,” Mr Nelson said.

“A 100 years ago, we thought there was only one galaxy. Now, the number is unlimited.

“In our galaxies, we have billions of stars, or suns, and there are billions of galaxies and we’re getting glimpse.”

What’s next?

The space agency had identified five targets, including the first image that was just released.

Others are the Wasp-96 b, a planet that could be half the size of Jupiter and orbits a star 1,150 light years from Earth, the Southern Ring Nebula, Stephan’s Quintet (five galaxies) and the Carina Nebula.

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How to avoid crypto fraud
  • Use unique usernames and passwords while enabling multi-factor authentication.
  • Use an offline private key, a physical device that requires manual activation, whenever you access your wallet.
  • Avoid suspicious social media ads promoting fraudulent schemes.
  • Only invest in crypto projects that you fully understand.
  • Critically assess whether a project’s promises or returns seem too good to be true.
  • Only use reputable platforms that have a track record of strong regulatory compliance.
  • Store funds in hardware wallets as opposed to online exchanges.
10 tips for entry-level job seekers
  • Have an up-to-date, professional LinkedIn profile. If you don’t have a LinkedIn account, set one up today. Avoid poor-quality profile pictures with distracting backgrounds. Include a professional summary and begin to grow your network.
  • Keep track of the job trends in your sector through the news. Apply for job alerts at your dream organisations and the types of jobs you want – LinkedIn uses AI to share similar relevant jobs based on your selections.
  • Double check that you’ve highlighted relevant skills on your resume and LinkedIn profile.
  • For most entry-level jobs, your resume will first be filtered by an applicant tracking system for keywords. Look closely at the description of the job you are applying for and mirror the language as much as possible (while being honest and accurate about your skills and experience).
  • Keep your CV professional and in a simple format – make sure you tailor your cover letter and application to the company and role.
  • Go online and look for details on job specifications for your target position. Make a list of skills required and set yourself some learning goals to tick off all the necessary skills one by one.
  • Don’t be afraid to reach outside your immediate friends and family to other acquaintances and let them know you are looking for new opportunities.
  • Make sure you’ve set your LinkedIn profile to signal that you are “open to opportunities”. Also be sure to use LinkedIn to search for people who are still actively hiring by searching for those that have the headline “I’m hiring” or “We’re hiring” in their profile.
  • Prepare for online interviews using mock interview tools. Even before landing interviews, it can be useful to start practising.
  • Be professional and patient. Always be professional with whoever you are interacting with throughout your search process, this will be remembered. You need to be patient, dedicated and not give up on your search. Candidates need to make sure they are following up appropriately for roles they have applied.

Arda Atalay, head of Mena private sector at LinkedIn Talent Solutions, Rudy Bier, managing partner of Kinetic Business Solutions and Ben Kinerman Daltrey, co-founder of KinFitz

In-demand jobs and monthly salaries
  • Technology expert in robotics and automation: Dh20,000 to Dh40,000 
  • Energy engineer: Dh25,000 to Dh30,000 
  • Production engineer: Dh30,000 to Dh40,000 
  • Data-driven supply chain management professional: Dh30,000 to Dh50,000 
  • HR leader: Dh40,000 to Dh60,000 
  • Engineering leader: Dh30,000 to Dh55,000 
  • Project manager: Dh55,000 to Dh65,000 
  • Senior reservoir engineer: Dh40,000 to Dh55,000 
  • Senior drilling engineer: Dh38,000 to Dh46,000 
  • Senior process engineer: Dh28,000 to Dh38,000 
  • Senior maintenance engineer: Dh22,000 to Dh34,000 
  • Field engineer: Dh6,500 to Dh7,500
  • Field supervisor: Dh9,000 to Dh12,000
  • Field operator: Dh5,000 to Dh7,000
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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.”

Drishyam 2

Directed by: Jeethu Joseph

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Rating: 4 stars

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

'The Sky is Everywhere'

Director:Josephine Decker

Stars:Grace Kaufman, Pico Alexander, Jacques Colimon

Rating:2/5

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%3Cp%3E%3Cstrong%3EEnablers%20of%20digital%20services%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Blockchain%20and%20cryptocurrency%3Cbr%3E%E2%80%A2%20Crowdfunding%3Cbr%3E%E2%80%A2%20Banking-as-a-service%3Cbr%3E%E2%80%A2%20Banking%20identification%20number%20sponsors%3Cbr%3E%E2%80%A2%20Issuers%2Fprocessors%3Cbr%3E%E2%80%A2%20Programme%20managers%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EDigital%20issuance%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Blockchain%20and%20cryptocurrency%3Cbr%3E%E2%80%A2%20Alternative%20lending%3Cbr%3E%E2%80%A2%20Personal%20financial%20management%3Cbr%3E%E2%80%A2%20Money%20transfer%20and%20remittance%3Cbr%3E%E2%80%A2%20Digital%20banking%20(neo%20banks)%3Cbr%3E%E2%80%A2%20Digital%20wallets%2C%20peer-to-peer%20and%20transfers%3Cbr%3E%E2%80%A2%20Employee%20benefits%3Cbr%3E%E2%80%A2%20Payables%3Cbr%3E%E2%80%A2%20Corporate%20cards%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EValue-add%20for%20merchants%2Fconsumers%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Data%20and%20analytics%3Cbr%3E%E2%80%A2%20ID%2C%20authentication%20and%20security%3Cbr%3E%E2%80%A2%20Insurance%20technology%3Cbr%3E%E2%80%A2%20Loyalty%3Cbr%3E%E2%80%A2%20Merchant%20services%20and%20tools%3Cbr%3E%E2%80%A2%20Process%20and%20payment%20infrastructure%3Cbr%3E%E2%80%A2%20Retail%20technology%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ESME%20recovery%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Money%20movement%3Cbr%3E%E2%80%A2%20Acceptance%3Cbr%3E%E2%80%A2%20Risk%20management%3Cbr%3E%E2%80%A2%20Brand%20management%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ENew%20categories%20for%202023%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Sustainable%20FinTechs%3Cbr%3E%E2%80%A2%20Risk%3Cbr%3E%E2%80%A2%20Urban%20mobility%3C%2Fp%3E%0A

A Prayer Before Dawn

Director: Jean-Stephane Sauvaire

Starring: Joe Cole, Somluck Kamsing, Panya Yimmumphai

Three stars

Sukuk

An Islamic bond structured in a way to generate returns without violating Sharia strictures on prohibition of interest.

Have you been targeted?

Tuan Phan of SimplyFI.org lists five signs you have been mis-sold to:

1. Your pension fund has been placed inside an offshore insurance wrapper with a hefty upfront commission.

2. The money has been transferred into a structured note. These products have high upfront, recurring commission and should never be in a pension account.

3. You have also been sold investment funds with an upfront initial charge of around 5 per cent. ETFs, for example, have no upfront charges.

4. The adviser charges a 1 per cent charge for managing your assets. They are being paid for doing nothing. They have already claimed massive amounts in hidden upfront commission.

5. Total annual management cost for your pension account is 2 per cent or more, including platform, underlying fund and advice charges.

Company%20Profile
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Last-16 Europa League fixtures

Wednesday (Kick-offs UAE)

FC Copenhagen (0) v Istanbul Basaksehir (1) 8.55pm

Shakhtar Donetsk (2) v Wolfsburg (1) 8.55pm

Inter Milan v Getafe (one leg only) 11pm

Manchester United (5) v LASK (0) 11pm 

Thursday

Bayer Leverkusen (3) v Rangers (1) 8.55pm

Sevilla v Roma  (one leg only)  8.55pm

FC Basel (3) v Eintracht Frankfurt (0) 11pm 

Wolves (1) Olympiakos (1) 11pm 

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Updated: July 13, 2022, 5:39 AM