Spacecraft are like buses. You wait ages for one, and then three come along at once.
As the space tourism race gathers pace, billionaire British businessman Richard Branson is preparing to take off on Sunday in his company Virgin Galactic’s first fully crewed flight aboard VSS Unity.
One Dubai resident will be watching its departure particularly closely from Spaceport America, New Mexico, in the US.
Namira Salim paid $200,000 to be one of the first passengers aboard Virgin Galactic’s space tourist flights – and now her 17-year wait could finally be over.
Tomorrow's sub-orbital test flight marks a milestone in space travel. Depending on the success of the 90-minute trip, Mr Branson could be inviting passengers on board later this year.
And for Ms Salim, who lives in Emirates Hills, that cannot come soon enough.
Ever since I was a child, I remember telling my parents I didn’t want to play with toys, I just wanted to go to space
Namira Salim
“It is very exciting,” she told The National from New Mexico.
“It has been my childhood dream to go to space and I have always been fascinated by the stars.
“I am not going to space just yet but I will be there to see him off. It is a moment we have been waiting for, for a very long time.”
In the space race, Mr Branson is edging ahead of rival and Amazon founder Jeff Bezos, who is launching his Blue Origin spacecraft on July 20.
The Virgin boss has attracted funding from the likes of pop star Justin Bieber, who has booked a place on board a future flight, as well as Abu Dhabi’s government investment arm Mubadala, which holds a stake of just over seven per cent stake in Virgin Galactic.
Meanwhile, tech entrepreneur Elon Musk is developing Starship, which he hopes will be capable of transporting up to 100 space tourists to Mars.
Mr Branson will be one of four “guinea pigs” on board the VSS Unity space plane.
His fellow travellers will be astronaut instructor Beth Moses, engineer Colin Bennett and vice president of government affairs and research operations Sirisha Bandla, all Virgin Galactic employees. The spacecraft will be piloted by Dave Mackay and Michael Masucci. The flight will be livestreamed.
VSS Unity will travel to the edge of space, more than 88 kilometres above Earth, after separating from the mothership carrier aircraft WhiteKnightTwo.
It will push through the sound barrier and allow those on board to experience a few minutes of weightlessness, as they unbuckle their seatbelts and float in the craft, looking back at Earth through 17 windows.
For Pakistan-born artist Ms Salim, 50, watching from the ground, it will be a taster of what’s to come.
“It is the realisation of a childhood dream,” she said.
When she first read about the launch of Virgin Galactic in 2004, she rang immediately to express her interest.
“They had not even set up offices,” she recalled. “I signed up in January 2006 and Richard Branson came to Dubai a couple of months later.”
Growing up in Karachi and Dubai, her lifelong fascination with space blossomed during her school years and was fed by amateur astronomy groups.
“Ever since I was a child, I remember telling my parents I didn’t want to play with toys, I just wanted to go to space,” she said.
“As a teenager, I was only interested in stargazing and learning about the night sky.”
Her father Salim Nasir, a former Pakistani army colonel who founded a construction equipment firm in Dubai in the 1980s, encouraged her to focus on business instead.
But even during her business administration degree at Hofstra University in Long Island, New York, Ms Salim would sneak off to Southold at the eastern tip of the island to stargaze.
After graduating in 1992, she completed a masters in business and international affairs at Columbia University, New York.
Her passion never left her, however, and when the chance arose to become one of the world’s first commercial space travellers, Ms Salim seized it.
Initially, her conservative parents were resistant to the idea but came round after meeting the Virgin boss.
Ms Salim said: “They were taken aback and very upset that I had signed up. My mother only wanted me to get married and was more concerned about me settling down.”
Adrenalin junkie Ms Salim gave her parents further cause for concern when she embarked on a series of adventures to prepare mentally and physically for her trip to the edge of space.
These included scuba diving in the Bahamas, training as a pilot, travelling to the North and South poles and doing a tandem skydive from almost nine kilometres, in the world’s highest drop zone near Mount Everest.
That skydive, Ms Salim said, was the closest she had come to experiencing zero gravity: “I was hurtling to the ground at 153 miles an hour (246kph) but felt like I was floating in thin air. It was the most beautiful experience.”
Much has changed in the 17 years since Ms Salim first dreamt of boarding a commercial space flight.
Her mother, Nahid, died in 2017, followed by her father, Salim, in 2019. Ms Salim grieves the fact they will never get to see her take off.
She might not be leaping out of planes anymore, but Ms Salim expects to undergo some of the strenuous physical challenges that astronauts face, including training in a giant centrifugal simulator.
Conscious of this, she is making every effort to stay fit and active, swimming every day and sticking to a healthy diet of raw foods and vegetables.
She said: “As you get older, you get more health conscious. Life is short and there are many things I haven’t done yet.”
But, she said, although waiting to travel to the edge of space has taken years, it was “not the ultimate waiting room. That’s the wait for a soulmate, which still hasn’t happened.”
In the meantime, she has launched Space Trust, a non-governmental organisation that aims to “promote the idea of space as a tool to make peace on Earth”.
Ms Salim hopes commercial travel will democratise space, become more affordable and enable world leaders to come together.
“There are so many people advocating for the demilitarisation of space. I would rather inspire people from a positive angle,” she said.
The more people who got to experience the “overview effect” – the shift in cognitive awareness and perspective that astronauts often experience after returning to Earth – the better for global harmony, Ms Salim added.
Timings of the flight’s key milestones have not yet been released but the livestream will begin at 5pm, Gulf Standard Time, on July 11.
If you go
Flight connections to Ulaanbaatar are available through a variety of hubs, including Seoul and Beijing, with airlines including Mongolian Airlines and Korean Air. While some nationalities, such as Americans, don’t need a tourist visa for Mongolia, others, including UAE citizens, can obtain a visa on arrival, while others including UK citizens, need to obtain a visa in advance. Contact the Mongolian Embassy in the UAE for more information.
Nomadic Road offers expedition-style trips to Mongolia in January and August, and other destinations during most other months. Its nine-day August 2020 Mongolia trip will cost from $5,250 per person based on two sharing, including airport transfers, two nights’ hotel accommodation in Ulaanbaatar, vehicle rental, fuel, third party vehicle liability insurance, the services of a guide and support team, accommodation, food and entrance fees; nomadicroad.com
A fully guided three-day, two-night itinerary at Three Camel Lodge costs from $2,420 per person based on two sharing, including airport transfers, accommodation, meals and excursions including the Yol Valley and Flaming Cliffs. A return internal flight from Ulaanbaatar to Dalanzadgad costs $300 per person and the flight takes 90 minutes each way; threecamellodge.com
Starring: Jamie Foxx, Angela Bassett, Tina Fey
Directed by: Pete Doctor
Rating: 4 stars
The biog
Favourite food: Tabbouleh, greek salad and sushi
Favourite TV show: That 70s Show
Favourite animal: Ferrets, they are smart, sensitive, playful and loving
Favourite holiday destination: Seychelles, my resolution for 2020 is to visit as many spiritual retreats and animal shelters across the world as I can
Name of first pet: Eddy, a Persian cat that showed up at our home
Favourite dog breed: I love them all - if I had to pick Yorkshire terrier for small dogs and St Bernard's for big
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
The candidates
Dr Ayham Ammora, scientist and business executive
Ali Azeem, business leader
Tony Booth, professor of education
Lord Browne, former BP chief executive
Dr Mohamed El-Erian, economist
Professor Wyn Evans, astrophysicist
Dr Mark Mann, scientist
Gina MIller, anti-Brexit campaigner
Lord Smith, former Cabinet minister
Sandi Toksvig, broadcaster
UAE v Zimbabwe A, 50 over series
Fixtures
Thursday, Nov 9 - 9.30am, ICC Academy, Dubai
Saturday, Nov 11 – 9.30am, ICC Academy, Dubai
Monday, Nov 13 – 2pm, Dubai International Stadium
Thursday, Nov 16 – 2pm, ICC Academy, Dubai
Saturday, Nov 18 – 9.30am, ICC Academy, Dubai
Abu Dhabi GP schedule
Friday: First practice - 1pm; Second practice - 5pm
Saturday: Final practice - 2pm; Qualifying - 5pm
Sunday: Etihad Airways Abu Dhabi Grand Prix (55 laps) - 5.10pm
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.”