China’s Tianwen-1 Mars mission has beamed back its first image of the Red Planet, as it prepares to make its final approach.
The China National Space Administration released a grayscale image of Mars taken by the spacecraft, ahead of its orbit entry attempt on February 10.
The mission – which includes an orbiter, lander and a rover – was launched four days after the UAE's Hope probe was launched on July 19 last year.
US space agency Nasa also launched a rover to Mars at the end of July last year.
All were taking advantage of the narrow launch window that lasted between mid-July to early August.
The Hope probe is scheduled to be the first to arrive at the Red Planet on February 9, at 7.42pm Gulf Standard Time.
It is the Arab world’s first interplanetary mission.
The Tianwen-1 mission is China’s second attempt at reaching Mars.
It will study soil and rock composition, the planet's atmosphere and search for signs of buried water ice.
In 2011, a Russian rocket carrying a Chinese spacecraft meant for Mars ended in failure due to engine problems mid-flight.
Omran Sharaf, UAE's Mars mission director, wished the Chinese space agency good luck.
"At the end of the day for us, the more missions that reach Mars, the better it is," he told The National.
“We never looked at this mission, or even our space sector in general, as a competition.
"For us, it was never a competition – it has always been collaboration.
"We do care about the success of the Chinese mission, but we don't really care if they come before or after us.
"We are paying attention to whether it's going to be successful or not and we hope that it is. It will add more value to the global effort of data generation towards better understanding Mars."
The UAE is set to become the fifth nation to reach the Red Planet, if orbit entry is successful.
China would become the sixth.
China launches spacecraft to Mars - in pictures
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A Long March-5 rocket, carrying an orbiter, lander and rover as part of the Tianwen-1 mission to Mars, lifts off from the Wenchang Space Launch Centre in southern China's Hainan Province in 2020. AFP -

The Long March 5 Y-4 rocket, carrying an unmanned Mars probe of the Tianwen-1 mission, takes off from Wenchang Space Launch Center in Wenchang, Hainan Province, China. REUTERS -

Liu Tongjie, spokesman for China's Mars exploration mission, talks to the media before the launch of Tianwen-1 Mars exploration mission by Long March 5 Y-4 rocket, at Wenchang Space Launch Center in Wenchang, Hainan Province, China. REUTERS -

A Long March-5 rocket, carrying an orbiter, lander and rover as part of the Tianwen-1 mission to Mars, lifts off from the Wenchang Space Launch Centre in southern China's Hainan Province. AFP -

The Long March 5 Y-4 rocket, carrying an unmanned Mars probe of the Tianwen-1 mission, is seen before the launch at Wenchang Space Launch Center in Wenchang, Hainan Province, China. REUTERS -

A Long March-5 rocket is seen at the Wenchang Space Launch Center in south China's Hainan Province, Friday, July 17, 2020. AP -

This photo taken on July 17, 2020 shows a Long March 5 rocket being transferred before a planned launch in Wenchang in China's southern Hainan province. AFP -

A child whispers to a woman as they visit an exhibition depicting rovers and bio-domes in Mars, in Beijing. AP Photo -

A replica of Mars lander and rovers on display at a shopping mall in Beijing, China. EPA
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Titanium Escrow profile
Started: December 2016
Founder: Ibrahim Kamalmaz
Based: UAE
Sector: Finance / legal
Size: 3 employees, pre-revenue
Stage: Early stage
Investors: Founder's friends and Family
UAE cricketers abroad
Sid Jhurani is not the first cricketer from the UAE to go to the UK to try his luck.
Rameez Shahzad Played alongside Ben Stokes and Liam Plunkett in Durham while he was studying there. He also played club cricket as an overseas professional, but his time in the UK stunted his UAE career. The batsman went a decade without playing for the national team.
Yodhin Punja The seam bowler was named in the UAE’s extended World Cup squad in 2015 despite being just 15 at the time. He made his senior UAE debut aged 16, and subsequently took up a scholarship at Claremont High School in the south of England.
The specs: 2018 Nissan Altima
Price, base / as tested: Dh78,000 / Dh97,650
Engine: 2.5-litre in-line four-cylinder
Power: 182hp @ 6,000rpm
Torque: 244Nm @ 4,000rpm
Transmission: Continuously variable tranmission
Fuel consumption, combined: 7.6L / 100km
The%20specs
Name: Peter Dicce
Title: Assistant dean of students and director of athletics
Favourite sport: soccer
Favourite team: Bayern Munich
Favourite player: Franz Beckenbauer
Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates
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Bugatti Chiron Super Sport - the specs:
Engine: 8.0-litre quad-turbo W16
Transmission: 7-speed DSG auto
Power: 1,600hp
Torque: 1,600Nm
0-100kph in 2.4seconds
0-200kph in 5.8 seconds
0-300kph in 12.1 seconds
Top speed: 440kph
Price: Dh13,200,000
Bugatti Chiron Pur Sport - the specs:
Engine: 8.0-litre quad-turbo W16
Transmission: 7-speed DSG auto
Power: 1,500hp
Torque: 1,600Nm
0-100kph in 2.3 seconds
0-200kph in 5.5 seconds
0-300kph in 11.8 seconds
Top speed: 350kph
Price: Dh13,600,000
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.”
Honeymoonish
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
COMPANY%20PROFILE
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'THE WORST THING YOU CAN EAT'
Trans fat is typically found in fried and baked goods, but you may be consuming more than you think.
Powdered coffee creamer, microwave popcorn and virtually anything processed with a crust is likely to contain it, as this guide from Mayo Clinic outlines:
Baked goods - Most cakes, cookies, pie crusts and crackers contain shortening, which is usually made from partially hydrogenated vegetable oil. Ready-made frosting is another source of trans fat.
Snacks - Potato, corn and tortilla chips often contain trans fat. And while popcorn can be a healthy snack, many types of packaged or microwave popcorn use trans fat to help cook or flavour the popcorn.
Fried food - Foods that require deep frying — french fries, doughnuts and fried chicken — can contain trans fat from the oil used in the cooking process.
Refrigerator dough - Products such as canned biscuits and cinnamon rolls often contain trans fat, as do frozen pizza crusts.
Creamer and margarine - Nondairy coffee creamer and stick margarines also may contain partially hydrogenated vegetable oils.
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The burning issue
The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.
Read part four: an affection for classic cars lives on
Read part three: the age of the electric vehicle begins
Read part two: how climate change drove the race for an alternative
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Liverpool's all-time goalscorers
Ian Rush 346
Roger Hunt 285
Mohamed Salah 250
Gordon Hodgson 241
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