UAE astronaut Sultan Al Neyadi will travel to space in about six months onboard a SpaceX Falcon 9 rocket.
After years of training, the former IT professional was assigned a mission to the International Space Station with four crew members on the SpaceX/Nasa Crew-6 mission.
He will spend six months in the orbiting laboratory during which he will carry out experiments and possibly perform the first spacewalk by an Arab astronaut.
The mission will be launched more than three years after Hazza Al Mansouri spent eight days on the ISS.
Dr Al Neyadi, who was back-up astronaut, and Maj Al Mansouri trained for a year in Russia for the initial ISS mission.
Training has been more extensive this time. Here The National takes a look at some of the training Dr Al Neyadi has done for the latest mission.
Graduating from Nasa’s basic training programme
Dr Al Neyadi and Maj Al Mansouri can both take part in Nasa-led missions because this year they completed a two-year basic astronaut training programme.
“The astronaut corps for United Arab Emirates has been in training with Nasa at the Johnson Space Centre since 2019 under a separate bilateral agreement,” Nasa told The National this year.
“Their training to date has been equivalent to Nasa astronaut candidates-level training, which includes spacewalk training, onboard systems and T-38 training.”
Beginning mission-specific training
Once his place on the Crew-6 flight was secured, Dr Al Neyadi began mission-specific training at the Johnson Space Centre in Texas, the Kennedy Space Centre in Florida and the SpaceX headquarters in California.
Mission training can last several months.
“The UAE crew will continue on with training on the Crew Dragon spacecraft and start training on the international partner segments," Nasa said.
"By the Crew-6 launch date, Nasa said it expects to have the assigned UAE crew member trained as a fully qualified Expedition crew member."
Dr Al Neyadi's training at the Johnson Space Centre has included spacewalks, robotics and science.
He will learn more about his tasks on the ISS, including experiments and everyday maintenance work.
SpaceX Crew Dragon capsule training
Extensive training on how to operate the Crew Dragon spacecraft has taken place at SpaceX’s headquarters.
Several images released by SpaceX and Nasa showed Dr Al Neyadi and his crewmates training inside a mock-up spacecraft.
The Crew Dragon capsule will be launched on top of the Falcon 9 rocket.
Astronauts spend up to 24 hours in the capsule before it docks with the ISS.
The crew will also receive water survival training at the Johnson Space Centre because the capsule will land in water when it returns to Earth.
The astronauts will also do exercises in crew resource management and learn what to do during an emergency.
Experiencing extreme gravitational forces
Dr Al Neyadi and his colleagues have spent a lot of time riding a centrifuge, which simulates the gravitational forces astronauts experience during space flight.
"This is not a futuristic spacecraft, in fact, this is a centrifuge arm," Dr Al Neyadi said on Twitter last week. His post included a picture of the machine.
"Here we simulate launch and landing profiles in the SpaceX Crew Dragon capsule. The gravitational forces that we encounter can reach up to five Gs."
But he is familiar with such machines owing to his training before Maj Al Mansouri's mission to the ISS.
Training at the launch site
The crew also spent time at Launch Pad 39A at the Kennedy Space Centre. That is where their rocket will lift-off in spring next year.
Some of their training there involved a Mine Resistant Ambush Protected vehicle, which is used by the crew to escape the pad during emergencies.
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Section 375
Cast: Akshaye Khanna, Richa Chadha, Meera Chopra & Rahul Bhat
Director: Ajay Bahl
Producers: Kumar Mangat Pathak, Abhishek Pathak & SCIPL
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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.”
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