People joined in celebration at the 40th Anniversary of the United Arab Emirates as they gathered for a parade at the Zayed Sports City on Dec. 2, 2011. Silvia Razgova/The National
People joined in celebration at the 40th Anniversary of the United Arab Emirates as they gathered for a parade at the Zayed Sports City on Dec. 2, 2011. Silvia Razgova/The National

The country's 40th birthday was one to remember



ABU DHABI //Last year's National Day marked the UAE's 40th anniversary and was accordingly celebrated in style with a breathtaking spectacle.

Played out in front of an entranced audience at Zayed Sport City Stadium, the official 40th National Day celebrations began with the singing of the national anthem and the men and women of the country's Armed Forces parading before Sheikh Khalifa, the President, and other rulers and crown princes.

The festivities ended with a blaze of lasers, clouds of streamers and the burst of fireworks into the night sky of Abu Dhabi.

In between, the thousands in the stadium, and many more watching on television, were treated to a show that featured everything from a fly-past of fighter jets to a parade of life-sized camel puppets that, at first glance, looked exactly like the real thing.

Families begun filling the stands from mid-afternoon, directed by an army of volunteers from Takatof volunteer organisation, schools and universities.

"This is a day for every Emirati to enjoy," one volunteer said.

Umm Mohamed, with the UAE flag painted on her cheek, said she could not "even begin to describe to you the feeling" the celebrations provoked.

"We've already given our children background of the events and the union, and they are living the experience with us," she said.

As the afternoon faded into evening, soldiers, sailors and airmen circled the stadium in an impressive display of synchronised marching. They were followed by civilian units, some pushing others in wheelchairs, and all greeted with applause and cheers.

Watching the show, Somaiyah Badowah, a member of the National Day committee, said that preparations had begun before the previous year's Ramadan.

"It is great to see it all coming together. Everyone was dedicated to making sure that the show was perfection, and today, it was more than perfect," she said. "I feel like I want to cry today."

Next, senior officers from the Ministry of Interior took the oath to the country and to the President, their voices echoing in the stadium. In the skies, a squadron of military jets formed the number "40" and three military helicopters flew by, the first carrying the UAE flag, the second, the Armed Forces flag and the third carrying the Ministry of Interior seal.

Three moments, though, stood out above all others.

The first took place when the crowd broke into spontaneous applause and then fell silent as a film of the late Sheikh Zayed was projected on the tower at the centre of the stadium.

The next came as the show took us to Dubai on December 2, 1971, when the seven emirates became the United Arab Emirates, with a backdrop of footage of that historic day and the rulers standing before the newly raised flag outside Union House.

Finally, at the close, there was the sight of Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, wielding a sword in one hand and the flag in the other, as he joined other sheikhs dancing together in a shared moment of national unity and patriotic pride.

Earlier, the show had taken us to a time before oil, when the Bedu emerged from the desert and fishing communities that had sprung up along the coast.

A caravan of camels appeared, or rather brilliantly constructed costumes whose wearers perfectly captured every sway of the real beasts. Somehow, a sandstorm swept across the arena.

Palm trees rose out of the ground and dancers who were dressed in gazelle costumes cavorted among falaj irrigation streams.

As the Gulf tide ebbed and flowed across the stage, and people dressed as tropical fish darted past on rollerblades, fishing boats appeared and then gave way to massive oil derricks that rose suddenly into the air and spouted fire.

Then came the transformation of a desert land into an advanced nation. Scaffolding rose up the central tower as cranes darted behind dancers dressed as construction workers in an acknowledgement to the army of labourers who have built so much of the country.

It was hard to believe all this was taking place in a sports stadium in the middle of the city.

But just as there is more to the country than towers of concrete and steel, so this show was more than just lights and dazzle. Flags appeared near the end, not just of the UAE but of all the other nationalities who make up the eight million people who live in one of the most culturally cosmopolitan countries on the planet.

MATCH INFO

Manchester United 1 (Rashford 36')

Liverpool 1 (Lallana 84')

Man of the match: Marcus Rashford (Manchester United)

Results:

Men's 100m T34: 1. Walid Ktila (TUN) 15 sec; 2. Rheed McCracken (AUS) 15.40; 3. Mohammed Al Hammadi (UAE) 15.75. Men's 400m T34: 1. Walid Ktila (TUN) 50.56; 2. Mohammed Al Hammadi (UAE) 50.94; 3. Henry Manni (FIN) 52.24.

COMPANY PROFILE

Name: Xpanceo

Started: 2018

Founders: Roman Axelrod, Valentyn Volkov

Based: Dubai, UAE

Industry: Smart contact lenses, augmented/virtual reality

Funding: $40 million

Investor: Opportunity Venture (Asia)

BANGLADESH SQUAD

Mashrafe Mortaza (captain), Tamim Iqbal, Liton Das, Soumya Sarkar, Mushfiqur Rahim (wicketkeeper), Mahmudullah, Shakib Al Hasan (vice captain), Mohammad Mithun, Sabbir Rahaman, Mosaddek Hossain, Mohammad Saifuddin, Mehidy Hasan Miraz, Rubel Hossain, Mustafizur Rahman, Abu Jayed (Reporting by Rohith Nair in Bengaluru Editing by Amlan Chakraborty)

COMPANY PROFILE

Name: Haltia.ai
Started: 2023
Co-founders: Arto Bendiken and Talal Thabet
Based: Dubai, UAE
Industry: AI
Number of employees: 41
Funding: About $1.7 million
Investors: Self, family and friends

Match info

Liverpool 3
Hoedt (10' og), Matip (21'), Salah (45+3')

Southampton 0

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

Company Profile 

Founder: Omar Onsi

Launched: 2018

Employees: 35

Financing stage: Seed round ($12 million)

Investors: B&Y, Phoenician Funds, M1 Group, Shorooq Partners

Barbie

Director: Greta Gerwig
Stars: Margot Robbie, Ryan Gosling, Will Ferrell, America Ferrera
Rating: 4/5

How to keep control of your emotions

If your investment decisions are being dictated by emotions such as fear, greed, hope, frustration and boredom, it is time for a rethink, Chris Beauchamp, chief market analyst at online trading platform IG, says.

Greed

Greedy investors trade beyond their means, open more positions than usual or hold on to positions too long to chase an even greater gain. “All too often, they incur a heavy loss and may even wipe out the profit already made.

Tip: Ignore the short-term hype, noise and froth and invest for the long-term plan, based on sound fundamentals.

Fear

The risk of making a loss can cloud decision-making. “This can cause you to close out a position too early, or miss out on a profit by being too afraid to open a trade,” he says.

Tip: Start with a plan, and stick to it. For added security, consider placing stops to reduce any losses and limits to lock in profits.

Hope

While all traders need hope to start trading, excessive optimism can backfire. Too many traders hold on to a losing trade because they believe that it will reverse its trend and become profitable.

Tip: Set realistic goals. Be happy with what you have earned, rather than frustrated by what you could have earned.

Frustration

Traders can get annoyed when the markets have behaved in unexpected ways and generates losses or fails to deliver anticipated gains.

Tip: Accept in advance that asset price movements are completely unpredictable and you will suffer losses at some point. These can be managed, say, by attaching stops and limits to your trades.

Boredom

Too many investors buy and sell because they want something to do. They are trading as entertainment, rather than in the hope of making money. As well as making bad decisions, the extra dealing charges eat into returns.

Tip: Open an online demo account and get your thrills without risking real money.

Company profile

Name: Tabby
Founded: August 2019; platform went live in February 2020
Founder/CEO: Hosam Arab, co-founder: Daniil Barkalov
Based: Dubai, UAE
Sector: Payments
Size: 40-50 employees
Stage: Series A
Investors: Arbor Ventures, Mubadala Capital, Wamda Capital, STV, Raed Ventures, Global Founders Capital, JIMCO, Global Ventures, Venture Souq, Outliers VC, MSA Capital, HOF and AB Accelerator.

ETFs explained

Exhchange traded funds are bought and sold like shares, but operate as index-tracking funds, passively following their chosen indices, such as the S&P 500, FTSE 100 and the FTSE All World, plus a vast range of smaller exchanges and commodities, such as gold, silver, copper sugar, coffee and oil.

ETFs have zero upfront fees and annual charges as low as 0.07 per cent a year, which means you get to keep more of your returns, as actively managed funds can charge as much as 1.5 per cent a year.

There are thousands to choose from, with the five biggest providers BlackRock’s iShares range, Vanguard, State Street Global Advisors SPDR ETFs, Deutsche Bank AWM X-trackers and Invesco PowerShares.

UAE currency: the story behind the money in your pockets
All The Light We Cannot See

Creator: Steven Knight

Stars: Mark Ruffalo, Hugh Laurie, Aria Mia Loberti

Rating: 1/5 

Company Profile

Company name: Cargoz
Date started: January 2022
Founders: Premlal Pullisserry and Lijo Antony
Based: Dubai
Number of staff: 30
Investment stage: Seed

'Midnights'

Artist: Taylor Swift

Label: Republic Records

Rating: 4/5

Results

Stage 7:
1. Adam Yates (GBR) UAE Team Emirates – 3hrs 29min 42ses
2. Remco Evenepoel (BEL) Soudal Quick-Step – 10sec
3. Geoffrey Bouchard (FRA) AG2R Citroen Team – 42sec
General Classification:
1. Remco Evenepoel (BEL) Soudal Quick-Step
2. Lucas Plapp (AUS) Ineos Grenaders – 59se
3. Adam Yates (GBR) UAE Team Emirates –60sec
Red Jersey (General Classification): Remco Evenepoel (BEL) Soudal Quick-Step
Green Jersey (Points Classification): Tim Merlier (BEL) Soudal Quick-Step
White Jersey (Young Rider Classification): Remco Evenepoel (BEL) Soudal Quick-Step
Black Jersey (Intermediate Sprint Classification): Edward Planckaert (FRA) Alpecin-Deceuninck

MEDIEVIL (1998)

Developer: SCE Studio Cambridge
Publisher: Sony Computer Entertainment
Console: PlayStation, PlayStation 4 and 5
Rating: 3.5/5

MATCH INFO

What: Brazil v South Korea
When: Tonight, 5.30pm
Where: Mohamed bin Zayed Stadium, Abu Dhabi
Tickets: www.ticketmaster.ae

WISH

Directors: Chris Buck, Fawn Veerasunthorn
Stars: Ariana DeBose, Chris Pine, Alan Tudyk
Rating: 3.5/5

Company profile

Name: Fruitful Day

Founders: Marie-Christine Luijckx, Lyla Dalal AlRawi, Lindsey Fournie

Based: Dubai, UAE

Founded: 2015

Number of employees: 30

Sector: F&B

Funding so far: Dh3 million

Future funding plans: None at present

Future markets: Saudi Arabia, potentially Kuwait and other GCC countries

Company Profile

Name: Direct Debit System
Started: Sept 2017
Based: UAE with a subsidiary in the UK
Industry: FinTech
Funding: Undisclosed
Investors: Elaine Jones
Number of employees: 8

SPECS

Engine: 1.5-litre turbo

Power: 181hp

Torque: 230Nm

Transmission: 6-speed automatic

Starting price: Dh79,000

On sale: Now


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