Ibrahim Alshamsi, a 12-year-old Emirati boy, has been through more than what a regular sixth-year pupil should.
It was just before Ibrahim's second birthday he had a devastating cancer diagnosed.
Doctors initially believed it to be a urine infection but tests revealed Ibrahim had Rhabdomyosarcoma – an illness that leads to abnormal growth of immature muscle cells and often affects children.
When a loved one is fighting cancer, you have to have hope and know deep inside that everything will be OK
Ibrahim's family took a leap of faith and booked tickets to Germany for his treatment. They stayed there for nine months and young Ibrahim received a combination of treatments.
After seven years of rigorous annual check-ups, the family finally breathed a sigh of relief when doctors said that he was cancer-free.
But that relief didn’t last long.
In 2020, when Ibrahim was 11, he complained of pain in his left leg that doctors shrugged off as an ache associated with adolescence.
When the pain did not subside, tests were conducted and a tumour was diagnosed in his left femur and knee.
The family once again packed up and this time headed to the UK, where doctors diagnosed Osteosarcoma, a kind of bone cancer that occurs mostly in older children and teenagers.
“It was a challenging situation but we believe in Allah and that this was fate. We kept praying,” said Amna Al Owais, Ibrahim’s mother.
Ms Al Owais said it was her son's strength that inspired her and saw the family through weeks-long hospital stays.
She saw her child go through chemotherapy, immunotherapy, and surgeries but he took it all with a big smile on his face.
“We saw him in pain. Then he was on crutches. Then on a wheelchair, and then he started walking again, and then he was back on a wheelchair,” she said.
"When a loved one is going through cancer, you have to have hope and know deep inside that everything will be OK.
“It was not easy. I was pregnant, and Ibrahim was sick while the Covid-19 pandemic started.”
The family first sought the help of specialists at The Harley Street Clinic and, later, at University College London Hospital.
By March, Covid-19 had hit most of the world, and Ibrahim along with other patients in his ward was transferred to Great Ormond Street Hospital.
But treatment for Osteosarcoma was only available at University College London Hospital, to which he went back in July.
After more than 10 months of treatment, the family returned to the UAE in November 2020.
As Ibrahim marked the end of a 10-year long battle, he recollected it was his positive attitude and the will to fight it out that helped him through.
A Year 6 pupil at Uptown International School in Dubai, Ibrahim missed his school friends during his treatment but made new ones at hospitals and in other countries.
"It was hard and I could not meet my friends,” he said.
"Just seeing that my family and parents were healthy made me happy.
"I met people during my treatments at different hospitals and made new friends. I love making other people laugh as that cheers me up.
"During my time in the hospitals, I befriended nurses and physiotherapists. Each of them helped me and played games with me."
Ibrahim was particularly fond of Peter, a nurse he met at The Harley Street Clinic in London.
Ms Al Owais said he was very popular at the hospitals as he chatted with all his nurses.
"He enjoys making jokes and he would keep the entire ward entertained," she said.
He also worked hard to keep up with his studies and completed school work before chemotherapy sessions so he could rest afterwards.
"My advice to others is that even if you are going through something bad, you should push through and have a positive attitude," Ibrahim said.
"My mother had a baby last year in June and that made me so happy.
"I finally had someone who would give me joy. I chose the name Shamsa, which means sunshine, for my little sister.
"It’s a coincidence because she smiles a lot.
"We are four siblings and having them around made me feel happy."
Ibrahim said he likes swimming, skiing, video games, reading and drawing.
Ms Al Owais said Ibrahim's school supported him during his treatment.
Teachers assigned him work online and he maintained a journal to record how he felt and coped.
When UAE schools closed in March, Ibrahim moved to online learning.
The school ensured he received one-on-one session with the counsellor.
"I wanted him to keep busy. He managed to complete his school projects and attended his fifth grade graduation virtually," said Ms Al Owais.
The family hopes to get back to normal life now that Ibrahim is better.
"He can finally walk around now," Ms Al Owais said.
Parents and families who are fighting cancer should try to stay positive and take one day at a time, she said.
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Who was Alfred Nobel?
The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.
- In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
- Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
- Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
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Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
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Price, base: Dh105,900 (Premium); Dh115,900 (Sport)
Engine: 2.5-litre four-cylinder
Transmission: Continuously variable transmission
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Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
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.”
Company profile
Company: Verity
Date started: May 2021
Founders: Kamal Al-Samarrai, Dina Shoman and Omar Al Sharif
Based: Dubai
Sector: FinTech
Size: four team members
Stage: Intially bootstrapped but recently closed its first pre-seed round of $800,000
Investors: Wamda, VentureSouq, Beyond Capital and regional angel investors