Luck be a lady

Alexander McQueen, Dubai Mall, 04 339 8760. Antipodium, check www.antipodium.com for availability. Atelier Mayer, check www.atelier-mayer.com for availability. Boutique 1, The Walk at Jumeirah Beach Residence, 04 425 7888; Mirdif City Centre, 04 284 3777; www.boutique1.com. Christopher Kane, check www.netaporter.com for availability. Dolce & Gabbana, Dubai Mall, 04 330 8566; Mall of the Emirates, 04 341 0626; BurJuman Centre, 04 351 5962. Etoile La Boutique, Mall of the Emirates, 04 341 4166; Wafi Mall, 04 327 9132 Harvey Nichols, Mall of the Emirates, 04 409 8888. Louis Vuitton, Marina Mall, 02 681 2166; Dubai Mall, 04 330 060; Mall of the Emirates, 04 341 4462. Moussaieff, check www.moussaieff-jewellers.com for availability. Mulberry, Dubai Mall, 04 339 8990. Prada, check www.prada.com for availability

Company%20profile

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School uniforms report

Dh1,000 for a four-year-old: private schools' uniform policy leaves families out of pocket

While you're here

The National editorial: Turkey's soft power weighs heavy on Europe's Muslims

Con Coughlin: How extremists use Zoom and other tools to exploit pandemic

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Australia tour of Pakistan

March 4-8: First Test, Rawalpindi

March 12-16: Second Test, Karachi

March 21-25: Third Test, Lahore

March 29: First ODI, Rawalpindi

March 31: Second ODI, Rawalpindi

April 2: Third ODI, Rawalpindi

April 5: T20I, Rawalpindi

Dengue%20fever%20symptoms

%3Cp%3EHigh%20fever%20(40%C2%B0C%2F104%C2%B0F)%3Cbr%3ESevere%20headache%3Cbr%3EPain%20behind%20the%20eyes%3Cbr%3EMuscle%20and%20joint%20pains%3Cbr%3ENausea%3Cbr%3EVomiting%3Cbr%3ESwollen%20glands%3Cbr%3ERash%26nbsp%3B%3C%2Fp%3E%0A

UAE currency: the story behind the money in your pockets

While you're here

Bryant Harris: What Joe Biden did during his first week as US President

Kareem Shaheen: Omar Alghabra outshines the racists who malign him

Kareem Shaheen: Canada is failing those who bear its greatest Covid-19 burdens

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

Guide to intelligent investing

Investing success often hinges on discipline and perspective. As markets fluctuate, remember these guiding principles:

Stay invested: Time in the market, not timing the market, is critical to long-term gains.
Rational thinking: Breathe and avoid emotional decision-making; let logic and planning guide your actions.
Strategic patience: Understand why you’re investing and allow time for your strategies to unfold.