Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, met his Luxembourg counterpart, Prince Guillaume, at Expo 2020 Dubai.
In an update posted on Twitter, Sheikh Hamdan said the meeting took place at the Luxembourg pavilion.
He said they discussed developing relationships and partnerships between the two countries in various fields, particularly in economy, technology and culture.
The meeting also discussed ways of enhancing partnership between the private sectors of both countries in areas of investment and trade.
Sheikh Hamdan said Expo presents an opportunity for countries to discover shared visions and goals and work together to build a better future for generations to come.
The Luxembourg pavilion at Expo is designed to give visitors a sense of the valleys and gorges in the European country.
Its unusual architecture is intended to make visitors step back and consider the concept of an object with no boundaries.
The outer curved steel structure runs in a loop and resembles a broad ribbon with no end.
Organisers also adopted the fun element of world fairs and included a slide.
Running from the top of the pavilion to the bottom, it is a nod to the Schueberfouer, the annual funfair in Luxembourg with more than 200 rides that attracts more than two million visitors each summer.
Fixtures
50-over match
UAE v Lancashire, starts at 10am
Champion County match
MCC v Surrey, four-day match, starting on Sunday, March 24, play starts at 10am
Both matches are at ICC Academy, Dubai Sports City. Admission is free.
Western Clubs Champions League:
- Friday, Sep 8 - Abu Dhabi Harlequins v Bahrain
- Friday, Sep 15 – Kandy v Abu Dhabi Harlequins
- Friday, Sep 22 – Kandy v Bahrain
Meatless Days
Sara Suleri, with an introduction by Kamila Shamsie
Penguin
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Generational responses to the pandemic
Devesh Mamtani from Century Financial believes the cash-hoarding tendency of each generation is influenced by what stage of the employment cycle they are in. He offers the following insights:
Baby boomers (those born before 1964): Owing to market uncertainty and the need to survive amid competition, many in this generation are looking for options to hoard more cash and increase their overall savings/investments towards risk-free assets.
Generation X (born between 1965 and 1980): Gen X is currently in its prime working years. With their personal and family finances taking a hit, Generation X is looking at multiple options, including taking out short-term loan facilities with competitive interest rates instead of dipping into their savings account.
Millennials (born between 1981 and 1996): This market situation is giving them a valuable lesson about investing early. Many millennials who had previously not saved or invested are looking to start doing so now.
Tamkeen's offering
- Option 1: 70% in year 1, 50% in year 2, 30% in year 3
- Option 2: 50% across three years
- Option 3: 30% across five years