• A flooded residential area in Pakistan's Balochistan province. The country's death toll from monsoon flooding since June has reached 1,136. AFP
    A flooded residential area in Pakistan's Balochistan province. The country's death toll from monsoon flooding since June has reached 1,136. AFP
  • Vehicles move along a flooded road in Mehar, Pakistan. Reuters
    Vehicles move along a flooded road in Mehar, Pakistan. Reuters
  • Soldiers load relief goods on to an army helicopter during a relief operation in Sawat, Pakistan. Reuters
    Soldiers load relief goods on to an army helicopter during a relief operation in Sawat, Pakistan. Reuters
  • Displaced people wait to receive food aid in the flood-hit Dera Ghazi Khan district of Punjab province. AFP
    Displaced people wait to receive food aid in the flood-hit Dera Ghazi Khan district of Punjab province. AFP
  • A cook prepares food for displaced people at a centre run by charity Saylani Welfare in Sukkur, Sindh province. AFP
    A cook prepares food for displaced people at a centre run by charity Saylani Welfare in Sukkur, Sindh province. AFP
  • Displaced people eat food provided by Saylani Welfare in Sukkur. AFP
    Displaced people eat food provided by Saylani Welfare in Sukkur. AFP
  • A baby sleeps in a hammock as its parents wait for assistance along a road in Mehar, Pakistan. Reuters
    A baby sleeps in a hammock as its parents wait for assistance along a road in Mehar, Pakistan. Reuters
  • Displaced women show their national identity cards at a government office in Sukkur as they wait to receive 25,000 Pakistani rupees ($112) in compensation for their damaged houses. AFP
    Displaced women show their national identity cards at a government office in Sukkur as they wait to receive 25,000 Pakistani rupees ($112) in compensation for their damaged houses. AFP
  • Rescue workers use a boat to drop children back home after school in Dera Ghazi Khan district. AFP
    Rescue workers use a boat to drop children back home after school in Dera Ghazi Khan district. AFP
  • Smiling through the hardship, people who fled their homes with their belongings wade through a flooded street in the Sohbatpur area of Jaffarabad district in Balochistan. AFP
    Smiling through the hardship, people who fled their homes with their belongings wade through a flooded street in the Sohbatpur area of Jaffarabad district in Balochistan. AFP
  • Flood waters at Panjal Shaikh village on the outskirts of Sukkur in Sindh province, Pakistan. AFP
    Flood waters at Panjal Shaikh village on the outskirts of Sukkur in Sindh province, Pakistan. AFP
  • Newborn Yasmeem asleep on a cot at her flood-damaged house on the outskirts of Sukkur, Sindh province. AFP
    Newborn Yasmeem asleep on a cot at her flood-damaged house on the outskirts of Sukkur, Sindh province. AFP
  • Ghulam Rasool wades through his flood-damaged mud house in Sukkur, Sindh province. AFP
    Ghulam Rasool wades through his flood-damaged mud house in Sukkur, Sindh province. AFP
  • Residents of Karachi receive food aid distributed by the Nikhil Foundation. EPA
    Residents of Karachi receive food aid distributed by the Nikhil Foundation. EPA
  • Workers from the Nikhil Foundation sort water bottles to be distributed among the people recovering from floods in Karachi, Pakistan. EPA
    Workers from the Nikhil Foundation sort water bottles to be distributed among the people recovering from floods in Karachi, Pakistan. EPA
  • A chicken is slaughtered to feed a family who fled heavy monsoon rains in the Sohbatpur area of Jaffarabad district in Balochistan province. AFP
    A chicken is slaughtered to feed a family who fled heavy monsoon rains in the Sohbatpur area of Jaffarabad district in Balochistan province. AFP
  • Pakistan Army soldiers in Shikarpur, Sindh province, distribute relief food bags to people who escaped the floods. AFP
    Pakistan Army soldiers in Shikarpur, Sindh province, distribute relief food bags to people who escaped the floods. AFP
  • Flood damage to a road on the outskirts of Peshawar, Pakistan. AP
    Flood damage to a road on the outskirts of Peshawar, Pakistan. AP
  • People who escaped the floods dry their belongings at a camp in the Sanghar district of Sindh province in Pakistan. EPA
    People who escaped the floods dry their belongings at a camp in the Sanghar district of Sindh province in Pakistan. EPA
  • A householder sweeps muddy water out of his home in Charsadda district, Khyber Pakhtunkhwa province. EPA
    A householder sweeps muddy water out of his home in Charsadda district, Khyber Pakhtunkhwa province. EPA
  • A displaced man wades through a flooded area after fleeing his home on the outskirts of Peshawar, Pakistan. AP
    A displaced man wades through a flooded area after fleeing his home on the outskirts of Peshawar, Pakistan. AP
  • People wade through a flooded area following heavy rains in Charsadda District, Khyber Pakhtunkhwa province, Pakistan. EPA
    People wade through a flooded area following heavy rains in Charsadda District, Khyber Pakhtunkhwa province, Pakistan. EPA
  • Heavy rains brought waist-deep flood water to parts of Charsadda district in Khyber Pakhtunkhwa province. EPA
    Heavy rains brought waist-deep flood water to parts of Charsadda district in Khyber Pakhtunkhwa province. EPA

UAE

Government

UAE opens air bridge to send humanitarian aid to Pakistan

Pakistan's government has declared a state of emergency and called for international assistance

The National

August 29, 2022

  • English
  • Arabic

The UAE has begun operating an air bridge to transport humanitarian aid to those affected by the monsoon flooding in Pakistan.

The death toll has reached 1,061 since June, the National Disaster Management Authority (NDMA) said on Monday, with 28 more people having died in the past 24 hours.

The crisis has forced the government to declare a state of emergency, mobilise the army for relief efforts and call for international assistance.

Villages with weak infrastructure from the Sindh province to Khyber Pakhtunkhwa province have been affected so far, with rescue teams struggling to access many areas.

The UAE's Ministry of Defence, represented by the Joint Operations Command, is overseeing the delivery of relief aid from the Emirates, which includes shelter materials, humanitarian needs, food and medical parcels.

Hamad Obaid Al Zaabi, the UAE's ambassador to Pakistan, said the first Emirati relief aid plane flew on Monday morning to Pakistan and will be followed by several more in the coming days to provide support.

The aid is being delivered following directives issued by President Sheikh Mohamed to provide all forms of support to Pakistan.

Mr Al Zaabi said the provision of aid underlines the strength of relations between the two countries.

On Saturday, Sheikh Mohamed ordered 3,000 tonnes of food supplies and other humanitarian aid to be delivered to Pakistan.

The UAE aid includes about 3,000 tonnes of food supplies, medical and pharmaceutical items, and tents and shelter materials.

Teams from the UAE will also provide humanitarian support.

The death toll is likely to rise because hundreds of villages in the mountainous north have been cut off by flood-swollen rivers washing away roads and bridges, AFP reported.

The annual monsoon is essential for irrigating crops and replenishing lakes and dams across the Indian subcontinent but it also brings destruction.

Officials say this year's flooding has affected more than 33 million people — one in seven Pakistanis — destroying or badly damaging nearly a million homes.

The NDMA said more than two million acres of cultivated crops had been wiped out, with 3,457 kilometres of roads destroyed and 157 bridges washed away.

Pakistan flood's death toll rises — in pictures

  • A man clears mud off his property in the aftermath of floods in Charsadda District, Pakistan. EPA
    A man clears mud off his property in the aftermath of floods in Charsadda District, Pakistan. EPA
  • A man wades through floodwater carrying his granddaughter on his back in Charsadda. Reuters
    A man wades through floodwater carrying his granddaughter on his back in Charsadda. Reuters
  • People affected by floods wait to receive food in Charsadda District. EPA
    People affected by floods wait to receive food in Charsadda District. EPA
  • A man holding a baby wades through a flooded area in Khyber Pakhtunkhwa province. EPA
    A man holding a baby wades through a flooded area in Khyber Pakhtunkhwa province. EPA
  • People wade through water in Sanghar District. EPA
    People wade through water in Sanghar District. EPA
  • A displaced boy peeks through a hole in a plastic shelter after fleeing his flood-hit home on the outskirts of Peshawar. AP Photo
    A displaced boy peeks through a hole in a plastic shelter after fleeing his flood-hit home on the outskirts of Peshawar. AP Photo
  • A displaced boy who fled his flood-hit home carries food rations as he wades through water. AP Photo
    A displaced boy who fled his flood-hit home carries food rations as he wades through water. AP Photo
  • Personnel from the Pakistan Navy rescue people from the floods in the Dadu district of Farid Abad village in Sindh province. EPA
    Personnel from the Pakistan Navy rescue people from the floods in the Dadu district of Farid Abad village in Sindh province. EPA
  • A man carries his sick daughter along a road damaged by flood waters following heavy monsoon rains in the Madian area of Pakistan's northern Swat Valley. AFP
    A man carries his sick daughter along a road damaged by flood waters following heavy monsoon rains in the Madian area of Pakistan's northern Swat Valley. AFP
  • People forced from their homes gather at a road damaged by flood waters following monsoon rains in the Madian area of Pakistan's northern Swat Valley. AFP
    People forced from their homes gather at a road damaged by flood waters following monsoon rains in the Madian area of Pakistan's northern Swat Valley. AFP
  • Tents set along a road provide temporary shelter during monsoon rains in Sukkur, Sindh province. AFP
    Tents set along a road provide temporary shelter during monsoon rains in Sukkur, Sindh province. AFP
  • A man is given food by the Pakistan Army during relief operations in the Rajanpur district of Punjab. AP
    A man is given food by the Pakistan Army during relief operations in the Rajanpur district of Punjab. AP
  • People are moved away from a flood-hit area of the Rajanpur district of Punjab by soliders. AP
    People are moved away from a flood-hit area of the Rajanpur district of Punjab by soliders. AP
  • Troops distribute food and other essentials to the displaced people of flood-hit Rajanpur district in Punjab. AP
    Troops distribute food and other essentials to the displaced people of flood-hit Rajanpur district in Punjab. AP
  • People affected by floods triggered by heavy rains survey their damaged houses on the outskirts of Quetta, Balochistan province, Pakistan. EPA
    People affected by floods triggered by heavy rains survey their damaged houses on the outskirts of Quetta, Balochistan province, Pakistan. EPA
  • Thousands of people living near flood-swollen rivers in Pakistan's north have been ordered to leave their homes as the death toll from devastating monsoon rains approaches 1,000. AFP
    Thousands of people living near flood-swollen rivers in Pakistan's north have been ordered to leave their homes as the death toll from devastating monsoon rains approaches 1,000. AFP
  • A woman goes through her belongings next to the ruins of her house after heavy monsoon rains in Rajanpur district, Punjab province. AFP
    A woman goes through her belongings next to the ruins of her house after heavy monsoon rains in Rajanpur district, Punjab province. AFP
  • Soldiers distribute food to people affected by floods, near a makeshift camp in Rajanpur. AFP
    Soldiers distribute food to people affected by floods, near a makeshift camp in Rajanpur. AFP
  • Rescue workers evacuate people from flood-hit homes in the district. AFP
    Rescue workers evacuate people from flood-hit homes in the district. AFP
  • A doctor checks a child at a makeshift medical camp in Sanghar District, Sindh Province. EPA
    A doctor checks a child at a makeshift medical camp in Sanghar District, Sindh Province. EPA
  • A villager uses cots to save usable items salvaged from his flood-hit home, in Jaffarabad district, Balochistan province. AP
    A villager uses cots to save usable items salvaged from his flood-hit home, in Jaffarabad district, Balochistan province. AP
  • People take refuge by a highway after fleeing from their homes in Charsadda district, Khyber Pakhtunkhwa province. AFP
    People take refuge by a highway after fleeing from their homes in Charsadda district, Khyber Pakhtunkhwa province. AFP
  • The heavy rains are expected to continue, bringing more hardship for those displaced. AFP
    The heavy rains are expected to continue, bringing more hardship for those displaced. AFP
  • Partially submerged houses in Charsadda district. AFP
    Partially submerged houses in Charsadda district. AFP
  • Volunteers from the Chhipa Welfare Association carry goods for distribution to flood victims following heavy rains, in Karachi. EPA
    Volunteers from the Chhipa Welfare Association carry goods for distribution to flood victims following heavy rains, in Karachi. EPA
  • A damaged bridge in Quetta. EPA
    A damaged bridge in Quetta. EPA
  • A partially damaged homestead in Jaffarabad. AP
    A partially damaged homestead in Jaffarabad. AP
  • Pakistan's government has appealed for relief assistance from the international community. AP
    Pakistan's government has appealed for relief assistance from the international community. AP
  • A damaged road in Quetta. AFP
    A damaged road in Quetta. AFP
  • A satellite dish is used to move children across a flooded area in Jaffarabad district. AFP
    A satellite dish is used to move children across a flooded area in Jaffarabad district. AFP
How much sugar is in chocolate Easter eggs?
  • The 169g Crunchie egg has 15.9g of sugar per 25g serving, working out at around 107g of sugar per egg
  • The 190g Maltesers Teasers egg contains 58g of sugar per 100g for the egg and 19.6g of sugar in each of the two Teasers bars that come with it
  • The 188g Smarties egg has 113g of sugar per egg and 22.8g in the tube of Smarties it contains
  • The Milky Bar white chocolate Egg Hunt Pack contains eight eggs at 7.7g of sugar per egg
  • The Cadbury Creme Egg contains 26g of sugar per 40g egg
Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

The National Archives, Abu Dhabi

Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.

Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en

Profile

Company name: Jaib

Started: January 2018

Co-founders: Fouad Jeryes and Sinan Taifour

Based: Jordan

Sector: FinTech

Total transactions: over $800,000 since January, 2018

Investors in Jaib's mother company Alpha Apps: Aramex and 500 Startups

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.”

Where to donate in the UAE

The Emirates Charity Portal

You can donate to several registered charities through a “donation catalogue”. The use of the donation is quite specific, such as buying a fan for a poor family in Niger for Dh130.

The General Authority of Islamic Affairs & Endowments

The site has an e-donation service accepting debit card, credit card or e-Dirham, an electronic payment tool developed by the Ministry of Finance and First Abu Dhabi Bank.

Al Noor Special Needs Centre

You can donate online or order Smiles n’ Stuff products handcrafted by Al Noor students. The centre publishes a wish list of extras needed, starting at Dh500.

Beit Al Khair Society

Beit Al Khair Society has the motto “From – and to – the UAE,” with donations going towards the neediest in the country. Its website has a list of physical donation sites, but people can also contribute money by SMS, bank transfer and through the hotline 800-22554.

Dar Al Ber Society

Dar Al Ber Society, which has charity projects in 39 countries, accept cash payments, money transfers or SMS donations. Its donation hotline is 800-79.

Dubai Cares

Dubai Cares provides several options for individuals and companies to donate, including online, through banks, at retail outlets, via phone and by purchasing Dubai Cares branded merchandise. It is currently running a campaign called Bookings 2030, which allows people to help change the future of six underprivileged children and young people.

Emirates Airline Foundation

Those who travel on Emirates have undoubtedly seen the little donation envelopes in the seat pockets. But the foundation also accepts donations online and in the form of Skywards Miles. Donated miles are used to sponsor travel for doctors, surgeons, engineers and other professionals volunteering on humanitarian missions around the world.

Emirates Red Crescent

On the Emirates Red Crescent website you can choose between 35 different purposes for your donation, such as providing food for fasters, supporting debtors and contributing to a refugee women fund. It also has a list of bank accounts for each donation type.

Gulf for Good

Gulf for Good raises funds for partner charity projects through challenges, like climbing Kilimanjaro and cycling through Thailand. This year’s projects are in partnership with Street Child Nepal, Larchfield Kids, the Foundation for African Empowerment and SOS Children's Villages. Since 2001, the organisation has raised more than $3.5 million (Dh12.8m) in support of over 50 children’s charities.

Noor Dubai Foundation

Sheikh Mohammed bin Rashid Al Maktoum launched the Noor Dubai Foundation a decade ago with the aim of eliminating all forms of preventable blindness globally. You can donate Dh50 to support mobile eye camps by texting the word “Noor” to 4565 (Etisalat) or 4849 (du).

The specs: 2019 Audi A8

Price From Dh390,000

Engine 3.0L V6 turbo

Gearbox Eight-speed automatic

Power 345hp @ 5,000rpm

Torque 500Nm @ 1,370rpm

Fuel economy, combined 7.5L / 100km

Know your Camel lingo

The bairaq is a competition for the best herd of 50 camels, named for the banner its winner takes home

Namoos - a word of congratulations reserved for falconry competitions, camel races and camel pageants. It best translates as 'the pride of victory' - and for competitors, it is priceless

Asayel camels - sleek, short-haired hound-like racers

Majahim - chocolate-brown camels that can grow to weigh two tonnes. They were only valued for milk until camel pageantry took off in the 1990s

Millions Street - the thoroughfare where camels are led and where white 4x4s throng throughout the festival

Courses%20at%20Istituto%20Marangoni%2C%20Dubai
%3Cp%3E%3Cstrong%3EUndergraduate%20courses%3C%2Fstrong%3E%3Cbr%3EInterior%20Design%3B%20Product%20Design%3B%20Visual%20Design%3B%20Fashion%20Design%20%26amp%3B%20Accessories%3B%20Fashion%20Styling%20%26amp%3B%20Creative%20Direction%3B%20Fashion%20Business%3B%20Foundation%20in%20Fashion%3B%20Foundation%20in%20Design%3Cbr%3E%3Cstrong%3EProfessional%20courses%3C%2Fstrong%3E%3Cbr%3EFashion%20e-Commerce%20%26amp%3B%20Digital%20Marketing%3B%20Fashion%20Entrepreneurship%3B%20Fashion%20Luxury%20Retail%20and%20Visual%20Merchandising%3Cbr%3E%3Cstrong%3EShort%20courses%3C%2Fstrong%3E%3Cbr%3EFashion%20design%3B%20Fashion%20Image%20%26amp%3B%20Styling%3B%20Fashion%20Trend%20Forecasting%3B%20Interior%20Design%3B%20Digital%20Art%20in%20Fashion%3Cbr%3EMore%20information%20is%20at%20%3Ca%20href%3D%22https%3A%2F%2Fwww.istitutomarangoni.com%2Fen%3Futm_source%3DLocal%26utm_medium%3Dorganic%26utm_campaign%3Dgmb%26utm_content%3Ddubai%22%20target%3D%22_self%22%3Ewww.istitutomarangoni.com%3C%2Fa%3E%3C%2Fp%3E%0A
While you're here
While you're here
360Vuz PROFILE

Date started: January 2017
Founder: Khaled Zaatarah 
Based: Dubai and Los Angeles
Sector: Technology 
Size: 21 employees
Funding: $7 million 
Investors: Shorooq Partners, KBW Ventures, Vision Ventures, Hala Ventures, 500Startups, Plug and Play, Magnus Olsson, Samih Toukan, Jonathan Labin

Russia's Muslim Heartlands

Dominic Rubin, Oxford

Results

2pm: Serve U – Maiden (TB) Dh60,000 (Dirt) 1,400m; Winner: Violent Justice, Pat Dobbs (jockey), Doug Watson (trainer)

2.30pm: Al Shafar Investment – Conditions (TB) Dh100,000 (D) 1,400m; Winner: Desert Wisdom, Bernardo Pinheiro, Ahmed Al Shemaili

3pm: Commercial Bank of Dubai – Handicap (TB) Dh68,000 (D) 1,200m; Winner: Fawaareq, Sam Hitchcott, Doug Watson

3.30pm: Shadwell – Rated Conditions (TB) Dh100,000 (D) 1,600m; Winner: Down On Da Bayou, Xavier Ziani, Salem bin Ghadayer

4pm: Dubai Real Estate Centre – Maiden (TB) Dh60,000 (D) 1,600m; Winner: Rakeez, Patrick Cosgrave, Bhupat Seemar

4.30pm: Al Redha Insurance Brokers – Handicap (TB) Dh78,000 (D) 1,800m; Winner: Capla Crusader, Bernardo Pinheiro, Rashed Bouresly

SPECS
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%206-cylinder%203-litre%2C%20with%20petrol%20and%20diesel%20variants%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E8-speed%20automatic%3Cbr%3E%3Cstrong%3EPower%3A%3C%2Fstrong%3E%20286hp%20(petrol)%2C%20249hp%20(diesel)%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E450Nm%20(petrol)%2C%20550Nm%20(diesel)%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EStarting%20at%20%2469%2C800%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENow%3C%2Fp%3E%0A
The biog

Name: Timothy Husband

Nationality: New Zealand

Education: Degree in zoology at The University of Sydney

Favourite book: Lemurs of Madagascar by Russell A Mittermeier

Favourite music: Billy Joel

Weekends and holidays: Talking about animals or visiting his farm in Australia

While you're here
Frida%20
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3ECarla%20Gutierrez%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Frida%20Kahlo%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EEjari%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3ERiyadh%2C%20Saudi%20Arabia%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EYazeed%20Al%20Shamsi%2C%20Fahad%20Albedah%2C%20Mohammed%20Alkhelewy%20and%20Khalid%20Almunif%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EPropTech%3Cbr%3E%3Cstrong%3ETotal%20funding%3A%20%3C%2Fstrong%3E%241%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3ESanabil%20500%20Mena%2C%20Hambro%20Perks'%20Oryx%20Fund%20and%20angel%20investors%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%20%3C%2Fstrong%3E8%3C%2Fp%3E%0A
Company%20profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Fasset%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2019%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Mohammad%20Raafi%20Hossain%2C%20Daniel%20Ahmed%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%3C%2Fstrong%3E%20%242.45%20million%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2086%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Pre-series%20B%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Investcorp%2C%20Liberty%20City%20Ventures%2C%20Fatima%20Gobi%20Ventures%2C%20Primal%20Capital%2C%20Wealthwell%20Ventures%2C%20FHS%20Capital%2C%20VN2%20Capital%2C%20local%20family%20offices%3C%2Fp%3E%0A
Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E2.0-litre%204-cyl%20turbo%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E190hp%20at%205%2C600rpm%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E320Nm%20at%201%2C500-4%2C000rpm%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E7-speed%20dual-clutch%20auto%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%20%3C%2Fstrong%3E10.9L%2F100km%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh119%2C900%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENow%3C%2Fp%3E%0A
Company%20profile
%3Cp%3EName%3A%20Tabby%3Cbr%3EFounded%3A%20August%202019%3B%20platform%20went%20live%20in%20February%202020%3Cbr%3EFounder%2FCEO%3A%20Hosam%20Arab%2C%20co-founder%3A%20Daniil%20Barkalov%3Cbr%3EBased%3A%20Dubai%2C%20UAE%3Cbr%3ESector%3A%20Payments%3Cbr%3ESize%3A%2040-50%20employees%3Cbr%3EStage%3A%20Series%20A%3Cbr%3EInvestors%3A%20Arbor%20Ventures%2C%20Mubadala%20Capital%2C%20Wamda%20Capital%2C%20STV%2C%20Raed%20Ventures%2C%20Global%20Founders%20Capital%2C%20JIMCO%2C%20Global%20Ventures%2C%20Venture%20Souq%2C%20Outliers%20VC%2C%20MSA%20Capital%2C%20HOF%20and%20AB%20Accelerator.%3Cbr%3E%3C%2Fp%3E%0A
Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

You might also like
Jetour T1 specs

Engine: 2-litre turbocharged

Power: 254hp

Torque: 390Nm

Price: From Dh126,000

Available: Now

The Outsider

Stephen King, Penguin

The specs

Engine: 6.2-litre V8

Power: 502hp at 7,600rpm

Torque: 637Nm at 5,150rpm

Transmission: 8-speed dual-clutch auto

Price: from Dh317,671

On sale: now

While you're here
UAE currency
While you're here
Brahmastra%3A%20Part%20One%20-%20Shiva
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EAyan%20Mukerji%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3ERanbir%20Kapoor%2C%20Alia%20Bhatt%20and%20Amitabh%20Bachchan%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%202%2F5%3C%2Fp%3E%0A
Updated: August 29, 2022, 11:35 AM
UAEPakistan