It is the busiest year in space exploration for the UAE, with another ambitious mission on the horizon.
The UAE Space Agency has finalised the science objectives and spacecraft design for a mission to the asteroid belt that lies between Mars and Jupiter.
The Emirates hopes to launch the spacecraft in 2028 on a six-year journey to the main asteroid belt.
The mission was first announced in 2021, but details have been revealed in a paper that will be presented to a conference in the US in June.
The National breaks down everything you need to know about the UAE's mission to the asteroid belt.
What exactly is the mission?
The spacecraft, whose name has not yet been announced, will aim to study seven asteroids.
It will journey past six space rocks, gathering data as it goes, before attempting a landing on a seventh.
To reach the belt, it will use gravity assistance from Venus, Earth and Mars.
It may capture images of Venus, sometimes called Earth's evil twin because it has a similar size and structure, but with a surface temperature of up to 400°C.
The project will be run by the UAE Space Agency, with the University of Colorado Boulder's Laboratory for Atmospheric and Space Physics helping in its development.
The same university helped the agency's Hope probe achieve its mission to Mars.
The space agency hopes to boost the private space sector in the UAE through its latest mission.
Start-ups and established companies will build about 50 per cent of the spacecraft, boosting the national economy.
Why the asteroid belt?
Scientists are interested in the asteroid belt because it contains remnants of the solar system and could give clues into how Earth and other planets were formed.
Nasa estimates that it contains between 1.1 million and 1.9 million asteroids larger than 1km in diameter, and millions more smaller ones.
“Early in the history of the solar system, the gravity of newly formed Jupiter brought an end to the formation of planetary bodies in this region and caused the small bodies to collide with one another, fragmenting them into the asteroids we observe today,” Nasa's website explains.
The seven asteroids that the UAE spacecraft will explore are 10253 Westerwald, 623 Chimaera, 13294 Rockox, 88055, 23871, 59980. The craft will then attempt to land on 269 Justitia.
Asteroid 623 Chimaera is the largest leftover piece from the C-type Chimaera family and is one of the most ancient objects in the solar system.
The 269 Justitia is another mysterious rock with a reddish hue and possible origins in the distant solar system.
Apart from the scientific value, Nasa has previously estimated that the mineral wealth in the belt's asteroids is equivalent to about $100 billion for every person on Earth today.
How will this help scientists?
Scientists hope that the mission will be able to answer several questions.
These include learning more about the origin and evolution of water-rich asteroids, what their chemical make-up reveals about the belt's evolution and if they are linked to specific meteorites.
To help unlock these mysteries, the spacecraft will capture data to reveal the geologic history and volatile content of the asteroids.
It will also investigate the interior structure of 269 Justitia and study the temperatures and thermophysical properties of several asteroids.
Scientists know that the belt has water-rich asteroids because of previous missions and discoveries made by ground-based telescopes.
Nasa's Dawn spacecraft, launched in 2007, found water-bearing minerals on the surface of Vesta, the second largest body in the asteroid belt.
It also found abundant water ice on Ceres, another large body in the belt.
Nasa's Jupiter-bound Galileo spacecraft also beamed back images of asteroids in the belt in 1991.
What is the timeline?
The UAE Space Agency hopes to launch the spacecraft in early 2028.
It will perform a series of fly-bys and gravity assists at Venus, Earth and Mars before flying past its first asteroid in early 2030.
A sequence of six asteroid passes will be performed throughout 2033, with a landing attempt on 269 Justitia in April 2034.
The spacecraft will have large solar arrays and solar electric propulsion.
The mission will be the UAE's space programme's most challenging yet, with a total journey of 3.6 billion kilometres — seven times the distance the Hope probe travelled to reach Mars in February 2021.
Other asteroids
Asteroids are not only found in the main asteroid belt.
There are also trojan asteroids, which share an orbit with a larger planet.
Nasa launched its Lucy spacecraft in 2021, which will visit eight asteroids over 12 years to study the evolution of the solar system.
It will fly past one main belt asteroid and seven trojan asteroids.
There are also near-Earth asteroids, which are rocks that pass close to Earth.
Last year, a Nasa spacecraft successfully deflected an asteroid by crashing into one of its rock's moons.
The test aimed to show that technology could be used to prevent an asteroid threat to Earth, if needed.
Western Region Asia Cup T20 Qualifier
Sun Feb 23 – Thu Feb 27, Al Amerat, Oman
The two finalists advance to the Asia qualifier in Malaysia in August
Group A
Bahrain, Maldives, Oman, Qatar
Group B
UAE, Iran, Kuwait, Saudi Arabia
UAE group fixtures
Sunday Feb 23, 9.30am, v Iran
Monday Feb 25, 1pm, v Kuwait
Tuesday Feb 26, 9.30am, v Saudi
UAE squad
Ahmed Raza, Rohan Mustafa, Alishan Sharafu, Ansh Tandon, Vriitya Aravind, Junaid Siddique, Waheed Ahmed, Karthik Meiyappan, Basil Hameed, Mohammed Usman, Mohammed Ayaz, Zahoor Khan, Chirag Suri, Sultan Ahmed
Timeline
1947
Ferrari’s road-car company is formed and its first badged car, the 125 S, rolls off the assembly line
1962
250 GTO is unveiled
1969
Fiat becomes a Ferrari shareholder, acquiring 50 per cent of the company
1972
The Fiorano circuit, Ferrari’s racetrack for development and testing, opens
1976
First automatic Ferrari, the 400 Automatic, is made
1987
F40 launched
1988
Enzo Ferrari dies; Fiat expands its stake in the company to 90 per cent
2002
The Enzo model is announced
2010
Ferrari World opens in Abu Dhabi
2011
First four-wheel drive Ferrari, the FF, is unveiled
2013
LaFerrari, the first Ferrari hybrid, arrives
2014
Fiat Chrysler announces the split of Ferrari from the parent company
2015
Ferrari launches on Wall Street
2017
812 Superfast unveiled; Ferrari celebrates its 70th anniversary
Global Fungi Facts
• Scientists estimate there could be as many as 3 million fungal species globally
• Only about 160,000 have been officially described leaving around 90% undiscovered
• Fungi account for roughly 90% of Earth's unknown biodiversity
• Forest fungi help tackle climate change, absorbing up to 36% of global fossil fuel emissions annually and storing around 5 billion tonnes of carbon in the planet's topsoil
GOLF’S RAHMBO
- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)
Company%C2%A0profile
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COMPANY%20PROFILE%20
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Haltia.ai%0D%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202023%0D%3Cbr%3E%3Cstrong%3ECo-founders%3A%3C%2Fstrong%3E%20Arto%20Bendiken%20and%20Talal%20Thabet%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%2C%20UAE%0D%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20AI%0D%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%2041%0D%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20About%20%241.7%20million%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Self%2C%20family%20and%20friends%26nbsp%3B%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.”
The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
Killing of Qassem Suleimani
Killing of Qassem Suleimani
Killing of Qassem Suleimani
Killing of Qassem Suleimani
UAE currency: the story behind the money in your pockets
The five pillars of Islam
EA Sports FC 26
Publisher: EA Sports
Consoles: PC, PlayStation 4/5, Xbox Series X/S
Rating: 3/5
Profile of Hala Insurance
Date Started: September 2018
Founders: Walid and Karim Dib
Based: Abu Dhabi
Employees: Nine
Amount raised: $1.2 million
Funders: Oman Technology Fund, AB Accelerator, 500 Startups, private backers
RESULT
Bayern Munich 3 Chelsea 2
Bayern: Rafinha (6'), Muller (12', 27')
Chelsea: Alonso (45' 3), Batshuayi (85')
Mohammed bin Zayed Majlis
Zayed Sustainability Prize
UAE SQUAD FOR ASIAN JIU-JITSU CHAMPIONSHIP
Men’s squad: Faisal Al Ketbi, Omar Al Fadhli, Zayed Al Kathiri, Thiab Al Nuaimi, Khaled Al Shehhi, Mohamed Ali Al Suwaidi, Farraj Khaled Al Awlaqi, Muhammad Al Ameri, Mahdi Al Awlaqi, Saeed Al Qubaisi, Abdullah Al Qubaisi and Hazaa Farhan
Women's squad: Hamda Al Shekheili, Shouq Al Dhanhani, Balqis Abdullah, Sharifa Al Namani, Asma Al Hosani, Maitha Sultan, Bashayer Al Matrooshi, Maha Al Hanaei, Shamma Al Kalbani, Haya Al Jahuri, Mahra Mahfouz, Marwa Al Hosani, Tasneem Al Jahoori and Maryam Al Amri
Moon Music
Artist: Coldplay
Label: Parlophone/Atlantic
Number of tracks: 10
Rating: 3/5
Mohammed bin Zayed Majlis
Sinopharm vaccine explained
The Sinopharm vaccine was created using techniques that have been around for decades.
“This is an inactivated vaccine. Simply what it means is that the virus is taken, cultured and inactivated," said Dr Nawal Al Kaabi, chair of the UAE's National Covid-19 Clinical Management Committee.
"What is left is a skeleton of the virus so it looks like a virus, but it is not live."
This is then injected into the body.
"The body will recognise it and form antibodies but because it is inactive, we will need more than one dose. The body will not develop immunity with one dose," she said.
"You have to be exposed more than one time to what we call the antigen."
The vaccine should offer protection for at least months, but no one knows how long beyond that.
Dr Al Kaabi said early vaccine volunteers in China were given shots last spring and still have antibodies today.
“Since it is inactivated, it will not last forever," she said.
CONFIRMED%20LINE-UP
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