Sultan Al Neyadi speaks to his children from space


Sarwat Nasir
  • English
  • Arabic

UAE astronaut Sultan Al Neyadi's last live call with the public from space on Thursday featured several heartwarming moments, including when one of his sons asked him what present he would bring back from the International Space Station.

Dr Al Neyadi's father and two of his six children attended the last of the astronaut's 'A Call from Space' events in Umm Al Quwain, in which he spoke live from the Space Station to heads of state and space enthusiasts.

More than 10,000 people across the country have attended the events, held in each of the seven emirates.

Dr Al Neyadi, 42, will return to Earth in the coming weeks after completing his six-month science mission.

Abdalla, one of his sons, asked him what he liked best about Earth.

A video of the touching moment was shared by the Mohammed bin Rashid Space Centre on its social media channels and has already garnered thousands of views.

"You are the thing I love the most on Earth," Dr Al Neyadi replied.

"But if you mean what is the best thing I like about space ... Abdalla, as you know, we are here in the microgravity environment.

"We can do several things here that you will like. We can do everything, like flying from one place to another."

His son Rashid then asked his father if he would be bringing back any gifts for him.

Dr Al Neyadi had said before going to space that he was taking several of the children's toys to take with him and hand them over when he came back.

"You surprised me with your presence today," Dr Al Neyadi replied.

"Rashid, do you want me to tell you your secrets live?

"I will get you the special things you sent with me."

He said he would also bring back Suhail for him – a stuffed toy that is the mascot of the Mohammed bin Rashid Space Centre.

Dr Al Neyadi's father also attended the event and read a poem to him.

Members of the public asked him questions, including one child named Mansour who asked him if space was safe for young people.

"When I arrived here, I felt like I was a child," Dr Al Neyadi said.

"You experience unique things, such as flying, floating and going from one place to another.

"For sure, kids will be amused by doing all of this.

"Dear Mansour, my advice to all who are your age and students is to focus on their studies and Stem education, which includes science, technology, engineering and maths.

"This all will benefit you when entering the space field because here you may play on your first few days, but you have work such as experiments, maintenance and other tasks that requires focus, education and knowledge of technology among other things."

Salem Al Marri, director general of the space centre, congratulated his team on completing the A Call from Space outreach project.

"The series achieved a strategic objective of Sultan’s mission, which is spreading awareness and was the link between our astronaut and audience from all ages," he said.

"With every event, we see the growing excitement of the participants and students and their determination to follow in the footsteps of Sultan.

"Awareness of science and exploration will remain a key objective of our missions."

Dr Al Neyadi and his four colleagues are expected to return to Earth at the end of this month or the first week of September.

They will undock from the ISS on board a SpaceX Dragon capsule to begin their journey home, with a splashdown to take place off the coast of Florida.

He will first spend some time in Houston for medical procedures, then will return to the UAE for celebrations, before returning to the US for further debriefing.

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Lt Gen Erik Petersen, deputy chief of programs, US Army, has argued it took a “three decade holiday” on modernising tanks. 

“There clearly remains a significant armoured heavy ground manoeuvre threat in this world and maintaining a world class armoured force is absolutely vital,” the general said in London last week.

“We are developing next generation capabilities to compete with and deter adversaries to prevent opportunism or miscalculation, and, if necessary, defeat any foe decisively.”

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Brighton 1 (Dunk 79')

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Gifts exchanged
  • King Charles - replica of President Eisenhower Sword
  • Queen Camilla -  Tiffany & Co vintage 18-carat gold, diamond and ruby flower brooch
  • Donald Trump - hand-bound leather book with Declaration of Independence
  • Melania Trump - personalised Anya Hindmarch handbag

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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