• Sean Lee, director of Smart Acres, at the hydroponics farm at the Armed Forces Officers Club, Abu Dhabi, which produces lettuce and leafy greens for sale in UAE supermarkets. Victor Besa / The National
    Sean Lee, director of Smart Acres, at the hydroponics farm at the Armed Forces Officers Club, Abu Dhabi, which produces lettuce and leafy greens for sale in UAE supermarkets. Victor Besa / The National
  • Lettuce is grown in converted shipping containers. Victor Besa / The National
    Lettuce is grown in converted shipping containers. Victor Besa / The National
  • The produce grown using hydroponics. Victor Besa / The National
    The produce grown using hydroponics. Victor Besa / The National
  • Sean Lee, director of the Smart Acres hydroponics farm. We want it to be commercially viable, he said.Victor Besa / The National
    Sean Lee, director of the Smart Acres hydroponics farm. We want it to be commercially viable, he said.Victor Besa / The National
  • The farm is spread across eight converted shipping containers. Victor Besa / The National
    The farm is spread across eight converted shipping containers. Victor Besa / The National
  • The UAE’s newest vertical farm, Smart Acres, has started operation. All photos courtesy Smart Acres
    The UAE’s newest vertical farm, Smart Acres, has started operation. All photos courtesy Smart Acres
  • The company collaborated with n.thing, a Korean-based technology company, to design the farm modules.
    The company collaborated with n.thing, a Korean-based technology company, to design the farm modules.
  • Smart Acres grows fresh produce for UAE residents and businesses.
    Smart Acres grows fresh produce for UAE residents and businesses.
  • Smart Acres says its system not only consumes less resources but generates ultra-high quality crops.
    Smart Acres says its system not only consumes less resources but generates ultra-high quality crops.
  • Smart Acres was founded to improve food security in the UAE and develop the country’s farming capabilities.
    Smart Acres was founded to improve food security in the UAE and develop the country’s farming capabilities.
  • Smart Acres is in talks with hypermarkets and government entities to expand their distribution of produce across the country.
    Smart Acres is in talks with hypermarkets and government entities to expand their distribution of produce across the country.

Two UAE universities to set up precision medicine and food security research institutes


Kelsey Warner
  • English
  • Arabic

Two Abu Dhabi universities will open new research institutes in three sectors facing urgent challenges: precision medicine, food security and sustainable energy production.

Aspire, an entity of Abu Dhabi’s Advanced Technology Research Council, has pledged to fund the research by investing at least $54 million over five years.

UAE University will have two research institutes while Khalifa University will have one.

“With the growing focus on sustainability in all spheres of life today, we are now able to support world-leading research in these priority areas,” said Arthur Morrish, chief executive of Aspire.

“We look forward to seeing the long-term impact the [research institutes] will have and to their recommendations that can enhance the quality of life of the local population with far-reaching implications for health care, food security and sustainable energy.”

ATRC, which oversees Aspire, was formed in May 2020 as an independent authority to set the technological priorities of the emirate as it prepares the economy for a post-oil future.

The new Precision Medicine Virtual Research Institute at UAEU will be led by Milos Ljubisavljevic. It will focus on transforming biotechnology research in Abu Dhabi and how to increase the average lifespan of people and improve their quality of life.

In partnership with the Abu Dhabi Health Authority (Seha), the institute will develop research projects to address major diseases and ways to improve clinical care in the emirate.

The institute will also partner with Khalifa University, New York University Abu Dhabi and the Cleveland Clinic as well as Johns Hopkins University, Columbia University and the University of North Carolina, among others, to develop and share research.

The proposed research institute “seeks to drive home the urgent need for a holistic healthcare system focused on precision medicine — whereby diagnosis, prognosis and treatment are customised to meet individual patient needs based on scientific principles”, a statement from Aspire said.

The International Virtual Research Institute for Food Security in the Drylands — the second one at UAEU — will be led by Elke Neumann. It aims to achieve food security in arid regions.

The research institute will team up with Khalifa University, Abu Dhabi Agriculture, Food Safety Authority and the Environment Agency — Abu Dhabi as well as the University of California-Davis and Wageningen University.

The team will look at innovative ways to increase urban farming food supplies. The focus will be on protected urban plant cultivation, urban agroforestry, aquaculture and insect and algal farming.

The institute will create data platforms and simulation tools to track animal and food-borne diseases and antimicrobial resistance. It will also forecast future consumer needs and trends globally and in local food markets.

The third institute at Khalifa University, led by Samuel Mao, will focus on sustainable energy production, storage and utilisation. It will focus on developing advanced renewable energy and sustainable technologies.

The institute will collaborate with New York University Abu Dhabi and Abu Dhabi University as well as Massachusetts Institute of Technology and the Indian Institute of Technology, among others.

Most of the R&D work will focus on sustainable power generation, energy storage and smart grids that are crucial for Abu Dhabi’s sustainable development.

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)

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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.”

The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

UAE currency: the story behind the money in your pockets
The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

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')

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

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.

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Updated: January 13, 2022, 4:43 PM