One man died in a crash involving a bus and a lorry on Sheikh Mohammed bin Zayed Road towards Sharjah, near Dubai Sports City. Courtesy Dubai Police
One man died in a crash involving a bus and a lorry on Sheikh Mohammed bin Zayed Road towards Sharjah, near Dubai Sports City. Courtesy Dubai Police

Two dead, nine injured in spate of crashes on Dubai roads in past two days



DUBAI // Two people were killed and nine injured in a number of crashes on Dubai’s roads in the past two days, police said.

Col Saif Al Mazrouei, director of the General Department of Traffic, said that seven people were injured in one incident on Tuesday on Sheikh Zayed Road.

“The accident took place on Sheikh Zayed Road towards Dubai near Marina Mall at 11.30 pm,” he said. “A Lebanese woman, driving a Hyundai, had suddenly stopped in the third lane, a move that surprised the minibus driver behind her and made him stop suddenly.

“A third car, a Nissan Altima, crashed into the minibus, which then crashed into the Lebanese woman’s car and flipped. Meanwhile, the Altima swerved to the left and crashed into a KIA.”

He said that the seven people sustained moderate to minor injuries.

Another incident, this time involving a Toyota Camry and a lorry, took place on Monday afternoon at Al Maktoum airport.

“The truck driver was taking his right of way when the other vehicle crashed into him,” the police chief said, adding that the Camry driver and his passenger, who are both Syrian, sustained serious and moderate injuries.

In another incident, an Asian man on a motorcycle was killed on Al Rebat Street after colliding with a Toyota Land Cruiser, which was driven by an Emirati, on Tuesday at 12.10pm, Col Al Mazrouei said.

That same day, at about 4.15pm, a crash involving a heavy-duty bus and a truck took place on Sheikh Mohammed bin Zayed Road towards Sharjah, near Sports City, leading to the death of the bus driver and the serious injury of two passengers.

All those injured were taken to hospital for treatment.

newsdesk@thenational.ae

German intelligence warnings
  • 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
  • 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
  • 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250 

Source: Federal Office for the Protection of the Constitution

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COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
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Director: Kangana Ranaut

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How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.

COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
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Other workplace saving schemes
  • The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
  • Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
  • National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
  • In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
  • Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
What are NFTs?

Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.

You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”

However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.

This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”

This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.

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