An Emirati boy who drowned during a family holiday in Kuwait has been laid to rest in Fujairah.
The family of Saif Al Hassani, 2, travelled to Kuwait last Tuesday for a holiday. At around midday the next day, they noticed their son had gone missing.
"We were waiting at the hotel lobby for a car to take us to another place for lunch when Saif disappeared, at around 12.30pm," his mother, Wafaa Al Naqbi, 24, told The National.
“We started searching for him and within a few minutes his father found him unconscious at the pool.”
Ms Al Naqbi said the pool was unsupervised and the door leading to it had been left open.
“My husband closed the pool door when we arrived at the lobby so someone must have opened the door for Saif. The door was heavy and he would not have been able to open it himself,” she said.
The family did not know the number for Kuwaiti police so they took their son to a medical centre nearby. He was pronounced dead on arrival.
“Saif was my elder son and I cannot believe that he is no longer with us. We are all shocked,” said Ms Al Naqbi.
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Read more:
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Boy drowns in Sharjah school pool
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The family plans to file a case against the hotel’s management for lack of safety precautions and negligence.
“The management said the cameras were not working and we do not know what happened exactly.
“My dearest son left us too soon and went to heaven. May Allah bless his soul,” she said.
Saif was buried at Dhadna cemetery on Friday after morning prayers.
Last month, a 3-year-old boy drowned in the swimming pool of a hotel villa in Ras Al Khaimah. The boy, of Arab origin, could not be resuscitated and was pronounced dead on arrival at hospital.
THREE
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Toyota land Cruiser 2020 5.7L VXR
Engine: 5.7-litre V8
Transmission: eight-speed automatic
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French Touch
Carla Bruni
(Verve)
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The struggle is on for active managers
David Einhorn closed out 2018 with his biggest annual loss ever for the 22-year-old Greenlight Capital.
The firm’s main hedge fund fell 9 per cent in December, extending this year’s decline to 34 percent, according to an investor update viewed by Bloomberg.
Greenlight posted some of the industry’s best returns in its early years, but has stumbled since losing more than 20 per cent in 2015.
Other value-investing managers have also struggled, as a decade of historically low interest rates and the rise of passive investing and quant trading pushed growth stocks past their inexpensive brethren. Three Bays Capital and SPO Partners & Co., which sought to make wagers on undervalued stocks, closed in 2018. Mr Einhorn has repeatedly expressed his frustration with the poor performance this year, while remaining steadfast in his commitment to value investing.
Greenlight, which posted gains only in May and October, underperformed both the broader market and its peers in 2018. The S&P 500 Index dropped 4.4 per cent, including dividends, while the HFRX Global Hedge Fund Index, an early indicator of industry performance, fell 7 per cent through December. 28.
At the start of the year, Greenlight managed $6.3 billion in assets, according to a regulatory filing. By May, the firm was down to $5.5bn.
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Porsche Macan T: The Specs
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UAE currency: the story behind the money in your pockets
THE SPECS
Engine: 1.5-litre
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Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
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Second Test, Sinhalese Sports Club Ground
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August 20
Second ODI, Pallekele International Stadium
August 24
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August 27
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August 31
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September 3
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September 6
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