A partial solar eclipse will be visible in the UAE and many other parts of the world on Tuesday, October 25.
It will reach its maximum at 3.51pm GST (11.52am UTC) in most parts of the country, when more than half of the Sun’s surface will be covered by the Moon.
The next one in the UAE will not be visible until 2027.
What is a solar eclipse?
Solar eclipses are celestial events that take place when the Sun, Moon and Earth are aligned either partially or completely.
It looks as though the Moon takes a bite from the Sun
European Space Agency
The Moon blocks light from the Sun and casts a shadow on Earth, with the eclipse visible to anyone within this shadow, the European Space Agency says.
How to watch the eclipse from the UAE
It is important to wear protective eyewear to observe a solar eclipse safely, as exposure can cause retinal damage. Sunglasses will not provide such protection.
The event will be visible from most of Europe, northern Africa, the Middle East and western parts of Asia this year.
"A solar eclipse can be either total or partial,” said ESA.
“During a total solar eclipse, the Sun, Moon and Earth are perfectly aligned and the Moon covers the entire disc of the Sun.
“During a partial solar eclipse, the three are not perfectly aligned, so only part of the Sun is covered by the Moon — it looks as though the Moon takes a bite from the Sun.”
The Dubai Astronomy Group is hosting a viewing event at the Al Thuraya Astronomy Centre in Dubai's Mushrif Park.
The event starts at 2pm GST.
Entrance fee ranges from Dh30 to Dh500 and registrations can be made online. Protective eyewear is included in the ticket.
The Dubai Astronomy Group will also stream the solar eclipse live on their Youtube channel.
How long will it last?
The eclipse will be visible for up to two hours, but it will be best to view it when it is at its peak.
In Dubai, Sharjah and Ajman, the eclipse will begin at 2.40pm and reach its peak at 3.51pm, with up to 50.3 per cent of the Sun's surface covered by the Moon.
In Abu Dhabi, it will begin at 2.42pm and peak at 3.51pm, with 48.3 per cent of the Sun covered.
In Ras Al Khaimah and Umm Al Quwain, it will start at 2.40pm and also peak at 3.51pm. In Ras Al Khaimah, 51.2 per cent of the Sun will be covered during the eclipse's peak and 50.7 per cent in Umm Al Quwain.
Eclipse begins at 2.43pm in Fujairah and peaks at 3.52pm (50.1 per cent of the Sun covered during the peak), while it begins at 2.44pm in Al Ain and is at its peak at 3.53pm, with 48.3 per cent of eclipse amount.
The eclipse ends at about the same time in all emirates at 4.54pm.
In November, the Leonid meteor shower will take place when the Moon’s illumination will be at 44 per cent.
The Geminid meteor shower will be visible in December, with 72 per cent Moon illumination expected.
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Uefa Champions League semi-finals, second leg:
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What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
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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.”
How to wear a kandura
Dos
- Wear the right fabric for the right season and occasion
- Always ask for the dress code if you don’t know
- Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work
- Wear 100 per cent cotton under the kandura as most fabrics are polyester
Don’ts
- Wear hamdania for work, always wear a ghutra and agal
- Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
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UAE finals day: Friday, April 13 at Rugby Park, Dubai Sports City
- 3pm, UAE Conference: Dubai Tigers v Sharjah Wanderers
- 6.30pm, UAE Premiership: Dubai Exiles v Abu Dhabi Harlequins
UAE Premiership – final standings
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- Dubai Sports City Eagles
- Abu Dhabi Saracens
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December 30
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Final, 7pm
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Name: Yousef Al Bahar
Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994
Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers
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Notable salonnières of the Middle East through history
Al Khasan (Okaz, Saudi Arabia)
Tamadir bint Amr Al Harith, known simply as Al Khasan, was a poet from Najd famed for elegies, earning great renown for the eulogy of her brothers Mu’awiyah and Sakhr, both killed in tribal wars. Although not a salonnière, this prestigious 7th century poet fostered a culture of literary criticism and could be found standing in the souq of Okaz and reciting her poetry, publicly pronouncing her views and inviting others to join in the debate on scholarship. She later converted to Islam.
Maryana Marrash (Aleppo)
A poet and writer, Marrash helped revive the tradition of the salon and was an active part of the Nadha movement, or Arab Renaissance. Born to an established family in Aleppo in Ottoman Syria in 1848, Marrash was educated at missionary schools in Aleppo and Beirut at a time when many women did not receive an education. After touring Europe, she began to host salons where writers played chess and cards, competed in the art of poetry, and discussed literature and politics. An accomplished singer and canon player, music and dancing were a part of these evenings.
Princess Nazil Fadil (Cairo)
Princess Nazil Fadil gathered religious, literary and political elite together at her Cairo palace, although she stopped short of inviting women. The princess, a niece of Khedive Ismail, believed that Egypt’s situation could only be solved through education and she donated her own property to help fund the first modern Egyptian University in Cairo.
Mayy Ziyadah (Cairo)
Ziyadah was the first to entertain both men and women at her Cairo salon, founded in 1913. The writer, poet, public speaker and critic, her writing explored language, religious identity, language, nationalism and hierarchy. Born in Nazareth, Palestine, to a Lebanese father and Palestinian mother, her salon was open to different social classes and earned comparisons with souq of where Al Khansa herself once recited.