Jane Taylor (L) swims by as Craig Dunn (R) holds a Union Jack Red Ensign flag eight meters above the wreckage of the MV Dara, a British merchant ship that sunk in 21 meters of water off the coast of Ajman with 819 people on board with 238 killed on April 8, 1961. Divers from Abu Dhabi, Dubai and Sharjah participated in securing the flag to the ship as a memorial on April 8, 2011.
Jane Taylor (L) swims by as Craig Dunn (R) holds a Union Jack Red Ensign flag eight meters above the wreckage of the MV Dara, a British merchant ship that sunk in 21 meters of water off the coast of Ajman with 819 people on board with 238 killed on April 8, 1961. Divers from Abu Dhabi, Dubai and Sharjah participated in securing the flag to the ship as a memorial on April 8, 2011.
Jane Taylor (L) swims by as Craig Dunn (R) holds a Union Jack Red Ensign flag eight meters above the wreckage of the MV Dara, a British merchant ship that sunk in 21 meters of water off the coast of Ajman with 819 people on board with 238 killed on April 8, 1961. Divers from Abu Dhabi, Dubai and Sharjah participated in securing the flag to the ship as a memorial on April 8, 2011.
Jane Taylor (L) swims by as Craig Dunn (R) holds a Union Jack Red Ensign flag eight meters above the wreckage of the MV Dara, a British merchant ship that sunk in 21 meters of water off the coast of A

Saluting memory of shipwreck dead


  • English
  • Arabic

UMM AL QAIWAIN // Half a century ago today, the UAE witnessed the Gulf's worst peacetime maritime disaster as an explosion tore through the MV Dara, killing at least 236 people.

Two days later, the ship sank off the shores of Umm al Qaiwain, where it remains to this day, 20 metres below the surface.

The story of the MV Dara made headlines around the world at the time, but today, few are aware of the accident.

Yesterday, divers from the British Sub Aqua Clubs in Sharjah, Dubai and Abu Dhabi paid a dignified tribute to those lost in the sinking.

Dropping to a depth of 11 metres, they dodged the underwater currents, for which the area is renowned, and erected the Red Ensign, the flag of the merchant naval fleet, at the stern of the shipwreck.

The gesture of respect was the idea of Ian Hussey, a Sharjah-based civil engineer and honorary chairman of the Sharjah Wanderers Dive Club.

Mr Hussey said he had dived the site more times than he could remember. The abundance of fish can make some visitors forget the wreck's sombre history.

"It is a very nice dive," he said. "You tend to forget that aspect of it."

Determined to remind the diving community about the history, Mr Hussley contacted fellow divers from his club as well as divers from Dubai and the capital. About 60 people dived the site yesterday.

It was up to four of them to attach the 1.5-by-2.4-metre flag to the wreck. One was Dr Steven Winstanley, the diving officer at the Abu Dhabi Sub Aqua Club.

"The Dara is quite a difficult wreck to do because of the strong current," he said. "When you add the challenge of putting the flag up, it starts to make it a more advanced dive."

It took less than 20 minutes underwater to do the job. The flag flapped about due to the currents in the same way it would if it were tied to a pole on a windy day. The addition to the wreck attracted a school of barracuda, which circled around it, reminding everybody that nature carries on, oblivious to the suffering. After 50 years underwater, the MV Dara is starting to break up, providing swim-throughs for the more adventurous divers.

The bow of the 5,030-tonne steel ship and two of its hulls remain relatively intact with the rest of the debris rusting into the seabed.

Recreational divers have been criticised for visitings shipwrecks where people have lost their lives, but Dr Winstanley said often divers are the people who pass on the history of the wrecks.

"Diving is about many things but sometimes it is about learning the history of a wreck and finding out why it was there," he said.

"What we are doing here now is people are suddenly realising the history behind the Dara. People get to treat the wreck with more resect."

"Having the access allows us to remember the people who lost their lives," he said. "Sometimes it is left up to the diving community to keep these stories alive."

Sometimes, dive sites assume a history of their own. Jim Darbyshire, 59, is a construction manager and the chairman of the Desert Sands Diving Club in Dubai. The Dara, he said, was still a favourite diving spot.

"I have dived here with my children. I have dived here with my wife and with all of my friends," said Mr Darbyshire, who has lived in the UAE since 1984.

Groom and Two Brides

Director: Elie Samaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5

Key recommendations
  • Fewer criminals put behind bars and more to serve sentences in the community, with short sentences scrapped and many inmates released earlier.
  • Greater use of curfews and exclusion zones to deliver tougher supervision than ever on criminals.
  • Explore wider powers for judges to punish offenders by blocking them from attending football matches, banning them from driving or travelling abroad through an expansion of ‘ancillary orders’.
  • More Intensive Supervision Courts to tackle the root causes of crime such as alcohol and drug abuse – forcing repeat offenders to take part in tough treatment programmes or face prison.

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.”

The Bio

Hometown: Bogota, Colombia
Favourite place to relax in UAE: the desert around Al Mleiha in Sharjah or the eastern mangroves in Abu Dhabi
The one book everyone should read: 100 Years of Solitude by Gabriel Garcia Marquez. It will make your mind fly
Favourite documentary: Chasing Coral by Jeff Orlowski. It's a good reality check about one of the most valued ecosystems for humanity

PROFILE OF CURE.FIT

Started: July 2016

Founders: Mukesh Bansal and Ankit Nagori

Based: Bangalore, India

Sector: Health & wellness

Size: 500 employees

Investment: $250 million

Investors: Accel, Oaktree Capital (US); Chiratae Ventures, Epiq Capital, Innoven Capital, Kalaari Capital, Kotak Mahindra Bank, Piramal Group’s Anand Piramal, Pratithi Investment Trust, Ratan Tata (India); and Unilever Ventures (Unilever’s global venture capital arm)

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Director: Venkat Prabhu
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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 
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  2. Look beyond school fees
  3. Keep an open mind
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Tries: Bright, O’Driscoll
Cons: Carey 2
Pens: Carey 3

Hurricanes
Tries: Knight 2, Lewis, Finck, Powell, Perry
Cons: Powell 3

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
Analysis

Members of Syria's Alawite minority community face threat in their heartland after one of the deadliest days in country’s recent history. Read more

Expo details

Expo 2020 Dubai will be the first World Expo to be held in the Middle East, Africa and South Asia

The world fair will run for six months from October 20, 2020 to April 10, 2021.

It is expected to attract 25 million visits

Some 70 per cent visitors are projected to come from outside the UAE, the largest proportion of international visitors in the 167-year history of World Expos.

More than 30,000 volunteers are required for Expo 2020

The site covers a total of 4.38 sqkm, including a 2 sqkm gated area

It is located adjacent to Al Maktoum International Airport in Dubai South

GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

FIXTURES

All kick-off times UAE ( 4 GMT)
Brackets denote aggregate score

Tuesday:
Roma (1) v Shakhtar Donetsk (2), 11.45pm
Manchester United (0) v Sevilla (0), 11.45pm

Wednesday:
Besiktas (0) v Bayern Munich (5), 9pm
Barcelona (1) v Chelsea (1), 11.45pm

MATCH INFO

Uefa Champions League final:

Who: Real Madrid v Liverpool
Where: NSC Olimpiyskiy Stadium, Kiev, Ukraine
When: Saturday, May 26, 10.45pm (UAE)
TV: Match on BeIN Sports

UAE currency: the story behind the money in your pockets
RESULTS
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Heavily-sugared soft drinks slip through the tax net

Some popular drinks with high levels of sugar and caffeine have slipped through the fizz drink tax loophole, as they are not carbonated or classed as an energy drink.

Arizona Iced Tea with lemon is one of those beverages, with one 240 millilitre serving offering up 23 grams of sugar - about six teaspoons.

A 680ml can of Arizona Iced Tea costs just Dh6.

Most sports drinks sold in supermarkets were found to contain, on average, five teaspoons of sugar in a 500ml bottle.

Globalization and its Discontents Revisited
Joseph E. Stiglitz
W. W. Norton & Company

EA Sports FC 26

Publisher: EA Sports

Consoles: PC, PlayStation 4/5, Xbox Series X/S

Rating: 3/5

How much do leading UAE’s UK curriculum schools charge for Year 6?
  1. Nord Anglia International School (Dubai) – Dh85,032
  2. Kings School Al Barsha (Dubai) – Dh71,905
  3. Brighton College Abu Dhabi - Dh68,560
  4. Jumeirah English Speaking School (Dubai) – Dh59,728
  5. Gems Wellington International School – Dubai Branch – Dh58,488
  6. The British School Al Khubairat (Abu Dhabi) - Dh54,170
  7. Dubai English Speaking School – Dh51,269

*Annual tuition fees covering the 2024/2025 academic year

The specs

Engine: 4.0-litre V8 twin-turbocharged and three electric motors

Power: Combined output 920hp

Torque: 730Nm at 4,000-7,000rpm

Transmission: 8-speed dual-clutch automatic

Fuel consumption: 11.2L/100km

On sale: Now, deliveries expected later in 2025

Price: expected to start at Dh1,432,000

BMW M5 specs

Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor

Power: 727hp

Torque: 1,000Nm

Transmission: 8-speed auto

Fuel consumption: 10.6L/100km

On sale: Now

Price: From Dh650,000

The specs

Price, base / as tested Dh135,000

Engine 1.6L turbo

Gearbox Six speed automatic with manual and sports mode

Power 165hp @ 6,000rpm

Torque 240Nm @ 1,400rpm 0-100kph: 9.2 seconds

Top speed 420 kph (governed)

Fuel economy, combined 35.2L / 100km (est)

Our legal consultants

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

The specs

Engine: 1.5-litre 4-cylinder petrol

Power: 154bhp

Torque: 250Nm

Transmission: 7-speed automatic with 8-speed sports option 

Price: From Dh79,600

On sale: Now

Jetour T1 specs

Engine: 2-litre turbocharged

Power: 254hp

Torque: 390Nm

Price: From Dh126,000

Available: Now

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Suggested picnic spots

Abu Dhabi
Umm Al Emarat Park
Yas Gateway Park
Delma Park
Al Bateen beach
Saadiyaat beach
The Corniche
Zayed Sports City
 
Dubai
Kite Beach
Zabeel Park
Al Nahda Pond Park
Mushrif Park
Safa Park
Al Mamzar Beach Park
Al Qudrah Lakes 

Specs

Engine: 51.5kW electric motor

Range: 400km

Power: 134bhp

Torque: 175Nm

Price: From Dh98,800

Available: Now

Our legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Lewis Hamilton in 2018

Australia 2nd; Bahrain 3rd; China 4th; Azerbaijan 1st; Spain 1st; Monaco 3rd; Canada 5th; France 1st; Austria DNF; Britain 2nd; Germany 1st; Hungary 1st; Belgium 2nd; Italy 1st; Singapore 1st; Russia 1st; Japan 1st; United States 3rd; Mexico 4th