Read More: What is Saudi Arabia's Founding Day and how is it different from National Day?
The UAE's leaders have congratulated Saudi Arabia on its first Founding Day.
The President, Sheikh Khalifa; Sheikh Mohammed bin Rashid, Prime Minister and Ruler of Dubai; and Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, congratulated King Salman, Crown Prince Mohammed bin Salman and the Saudi people on the day, state news agency Wam reported on Tuesday.
The kingdom announced last month that February 22 will be an annual holiday to mark the founding of the state.
The decree, issued by King Salman, said that the move commemorates the history of the state that goes back hundreds of years.
The day is separate from Saudi National Day, which is marked on September 22.
The move is “out of pride in the well-established roots of this state and the close connection of its citizens with its leaders since the era of Imam Muhammad bin Saud three centuries ago”, the decree said.
Writing on Twitter, Sheikh Mohamed congratulated King Salman, Crown Prince Mohammed bin Salman and the Saudi people on the day.
"Congratulations to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, Crown Prince Mohammed bin Salman and the Saudi people on the historic occasion of the inaugural Founding Day," Sheikh Mohamed said on Twitter.
Saudi Arabia’s new annual holiday commemorates the ascendancy to power of Mohammed bin Saud, who founded the First Saudi State.
In February 1727, bin Saud inherited leadership over the central Arabian town of Diriyah, which had been established by his ancestors back in the 15th century.
Founding Day activities will include traditional art and exhibitions of early photos to bring an audience of modern Saudis closer to their heritage and customs.
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Our legal columnist
Name: Yousef Al Bahar
Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994
Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers
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Sand storm
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- Source: Open desert areas with strong winds
Dust storm
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- Visibility: Hazy skies but less intense
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THE BIO
Bio Box
Role Model: Sheikh Zayed, God bless his soul
Favorite book: Zayed Biography of the leader
Favorite quote: To be or not to be, that is the question, from William Shakespeare's Hamlet
Favorite food: seafood
Favorite place to travel: Lebanon
Favorite movie: Braveheart
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Should late investors consider cryptocurrencies?
Wealth managers recommend late investors to have a balanced portfolio that typically includes traditional assets such as cash, government and corporate bonds, equities, commodities and commercial property.
They do not usually recommend investing in Bitcoin or other cryptocurrencies due to the risk and volatility associated with them.
“It has produced eye-watering returns for some, whereas others have lost substantially as this has all depended purely on timing and when the buy-in was. If someone still has about 20 to 25 years until retirement, there isn’t any need to take such risks,” Rupert Connor of Abacus Financial Consultant says.
He adds that if a person is interested in owning a business or growing a property portfolio to increase their retirement income, this can be encouraged provided they keep in mind the overall risk profile of these assets.
Match info
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Who: Al Ain v Team Wellington
Where: Hazza bin Zayed Stadium, Al Ain
When: Wednesday, kick off 7.30pm
Test
Director: S Sashikanth
Cast: Nayanthara, Siddharth, Meera Jasmine, R Madhavan
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The biog
Name: Dhabia Khalifa AlQubaisi
Age: 23
How she spends spare time: Playing with cats at the clinic and feeding them
Inspiration: My father. He’s a hard working man who has been through a lot to provide us with everything we need
Favourite book: Attitude, emotions and the psychology of cats by Dr Nicholes Dodman
Favourit film: 101 Dalmatians - it remind me of my childhood and began my love of dogs
Word of advice: By being patient, good things will come and by staying positive you’ll have the will to continue to love what you're doing
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Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
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Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
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