Mohammed Alnuwais, right, and Nshat Kteesh discuss the telethon in Abu Dhabi TV's newsroom.
Mohammed Alnuwais, right, and Nshat Kteesh discuss the telethon in Abu Dhabi TV's newsroom.

Dh100m target for telethon to garner flood relief



ABU DHABI // A three-day telethon to collect donations for Pakistani flood victims begins tonight, with organisers hoping to raise Dh100 million. The UAE government campaign, dubbed Awnkum, or "your help", will be broadcast live from the main newsroom at Abu Dhabi TV and feature a variety of guests, including ambassadors, Muslim clerics, poets and celebrities. "Artists have a strong influence on viewers, so we want them to deliver the messages and calls of relief to the public," said Abdulraheem al Bateeh, the director of news at Abu Dhabi Media Company (ADMC), which publishes The National.

The celebrities will include actors from the UAE, Syria and Egypt. "We will take advantage of the soap operas that were produced by ADMC, such as Al Ghafa and Ma Asa'ab al Kalam, and bring the stars of these shows," said Mr al Bateeh. Other guests include Khurshid Ahmed Junejo, the Pakistani ambassador to the UAE, and representatives from the World Health Organisation, the Food and Agriculture Organisation of the United Nations, and Medecins Sans Frontieres.

"There will also be live feeds from Melton, in Pakistan, which is the most affected area," Mr al Bateeh said. Abu Dhabi TV correspondents have prepared segments from locations around the country for the telethon, which will be broadcast from 4-6pm and 9.30-10.30pm today and tomorrow and from 9.30pm to midnight on Friday. "We want to reflect the tragic human situation there, the roots of the problem, where and how it started and its current situation, and possible solutions," he said.

The telethon will also be broadcast on Abu Dhabi FM and across Abu Dhabi al Emarat, Sama Dubai, Dunia al Fujairah and channels in Sharjah, RAK and Ajman. Viewers can donate to the campaign through its call centre, via text and though a bank account set up by the Red Crescent Authority, which will be in charge of distributing the proceeds in Pakistan. @Email:hdajani@thenational.ae

Company%20Profile
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Europe’s rearming plan
  • Suspend strict budget rules to allow member countries to step up defence spending
  • Create new "instrument" providing €150 billion of loans to member countries for defence investment
  • Use the existing EU budget to direct more funds towards defence-related investment
  • Engage the bloc's European Investment Bank to drop limits on lending to defence firms
  • Create a savings and investments union to help companies access capital
US tops drug cost charts

The study of 13 essential drugs showed costs in the United States were about 300 per cent higher than the global average, followed by Germany at 126 per cent and 122 per cent in the UAE.

Thailand, Kenya and Malaysia were rated as nations with the lowest costs, about 90 per cent cheaper.

In the case of insulin, diabetic patients in the US paid five and a half times the global average, while in the UAE the costs are about 50 per cent higher than the median price of branded and generic drugs.

Some of the costliest drugs worldwide include Lipitor for high cholesterol. 

The study’s price index placed the US at an exorbitant 2,170 per cent higher for Lipitor than the average global price and the UAE at the eighth spot globally with costs 252 per cent higher.

High blood pressure medication Zestril was also more than 2,680 per cent higher in the US and the UAE price was 187 per cent higher than the global price.

Business Insights
  • As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses. 
  • SMEs with revenue below Dh3 million per annum can opt for transitional relief until 2026, treating them as having no taxable income. 
  • Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.

Ad Astra

Director: James Gray

Stars: Brad Pitt, Tommy Lee Jones

Five out of five stars 

COMPANY%20PROFILE
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2025 Fifa Club World Cup groups

Group A: Palmeiras, Porto, Al Ahly, Inter Miami.

Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.

Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.

Group D: Flamengo, ES Tunis, Chelsea, Leon.

Group E: River Plate, Urawa, Monterrey, Inter Milan.

Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.

Group G: Manchester City, Wydad, Al Ain, Juventus.

Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
A State of Passion

Directors: Carol Mansour and Muna Khalidi

Stars: Dr Ghassan Abu-Sittah

Rating: 4/5

Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia