• Cartoonist Jim Morin at the Ogunquit Museum of American Art in southern Maine. All photos: David Millward
    Cartoonist Jim Morin at the Ogunquit Museum of American Art in southern Maine. All photos: David Millward
  • A 2016 editorial cartoon by Mr Morin addressing the growing misinformation crisis.
    A 2016 editorial cartoon by Mr Morin addressing the growing misinformation crisis.
  • A 2006 cartoon by Mr Morin on the climate crisis.
    A 2006 cartoon by Mr Morin on the climate crisis.
  • A 1989 cartoon following the 'Exxon Valdez' oil spill in Alaska.
    A 1989 cartoon following the 'Exxon Valdez' oil spill in Alaska.
  • Former US secretary of state James Baker is depicted in this 1991 cartoon along with former Israeli prime minister Yitzhak Shamir and Palestinian leader Yasser Arafat.
    Former US secretary of state James Baker is depicted in this 1991 cartoon along with former Israeli prime minister Yitzhak Shamir and Palestinian leader Yasser Arafat.
  • The Gulf War was the first conflict to be televised around the clock on cable news.
    The Gulf War was the first conflict to be televised around the clock on cable news.
  • Saddam Hussein, depicted in this 1991 cartoon by Mr Morin.
    Saddam Hussein, depicted in this 1991 cartoon by Mr Morin.
  • A 2016 cartoon depicting the Flint, Michigan, water crisis, in which the local water supply was contaminated with dangerous levels of lead.
    A 2016 cartoon depicting the Flint, Michigan, water crisis, in which the local water supply was contaminated with dangerous levels of lead.
  • Mr Morin stands outside the Ogunquit Museum of American Art in southern Maine.
    Mr Morin stands outside the Ogunquit Museum of American Art in southern Maine.
  • A 1990 cartoon by Mr Morin depicts Saddam Hussein at the time of the Gulf War. The movie 'Arachnophobia' came out the same year.
    A 1990 cartoon by Mr Morin depicts Saddam Hussein at the time of the Gulf War. The movie 'Arachnophobia' came out the same year.
  • A cartoon depicts Saddam Hussein having devoured Kuwait in this image from 1990, when the Gulf War got under way.
    A cartoon depicts Saddam Hussein having devoured Kuwait in this image from 1990, when the Gulf War got under way.
  • Arms dealers celebrate as the Gulf War begins in this 1991 cartoon by Mr Morin.
    Arms dealers celebrate as the Gulf War begins in this 1991 cartoon by Mr Morin.
  • A 2006 cartoon by Mr Morin on US climate policy.
    A 2006 cartoon by Mr Morin on US climate policy.
  • A 1990 cartoon by Mr Morin depicts US troops propping up petrol prices during the Gulf War.
    A 1990 cartoon by Mr Morin depicts US troops propping up petrol prices during the Gulf War.

'It wasn't worth it': US cartoonist Jim Morin reflects on why George W Bush invaded Iraq


  • English
  • Arabic

It would be fair to say that Pulitzer Prize-winning cartoonist Jim Morin was not former president George W Bush’s greatest fan — and even now, he remains mystified as to why the US went into Iraq in 2003.

“I don’t think he knew why we were there,” Mr Morin says as he reflects on the conflict nearly two decades after it began.

“In terms of the human lives lost, it certainly was not worth it.”

The 69-year-old cartoonist’s misgivings about the war and the former president are hardly a secret: Mr Morin is the artist behind Ambushed, a coruscating chronicle of the Bush years produced with political scientist Walter Clemens.

He pulled few punches as he cast a sceptical eye over the administration’s record in the Middle East and at home.

The cartoons are scathing: one likens the Bush Cabinet to the Keystone Cops — fictional, humorously incompetent policemen — and another depicts a hapless president careening down a waterfall into the chaotic Iraq war.

“My view is he didn’t expect to be elected and he went to his father [former president George H W Bush] and asked ‘What the hell do I do?” Mr Morin tells The National.

“And George Sr says, ‘Dick Cheney will help you out,’” referring to the elder Bush's vice president.

Jim Morin poses outside the Ogunquit Museum of American Art in southern Maine. Photo: David Millward
Jim Morin poses outside the Ogunquit Museum of American Art in southern Maine. Photo: David Millward

There were a lot of people in George W Bush’s administration who were part of his father’s circle, he added, and it took some time for the former president to “find himself”.

“That's when I really respected him and I found things to like about him, but it was too late,” Mr Morin says.

Now living in the state of Maine, Mr Morin has retired from political cartooning, ending an award-strewn career that lasted more than four decades.

He spoke to The National at the Ogunquit Museum of American Art in southern Maine, a seaside town and famous artists’ colony for more than a century.

Starting out

Mr Morin, who lived under eight US presidents, has used his pen to observe, comment on and often ridicule the American political elite for decades. His fascination with cartooning dates back to his teenage years.

“I was into cartooning and into painting when I was a kid,” Mr Morin says.

French artist Honore-Victorin Daumier "was my first hero and he still is. He’s just a wonderful, wonderful cartoonist.”

He fondly recalls discovering the work of cartoonists such as Herbert Lawrence Block and Tony Auth, who drew for The Philadelphia Inquirer, both of whom served as major inspirations for him to enter the world of cartoons.

The Watergate scandal in the early 1970s — which revealed that former Republican president Richard Nixon was connected to an attempt to steal information from Democratic National Committee headquarters in Washington — led to “a resurgence in the art form” due to all of the “great characters” involved, he says, and spurred his interest even further.

Watergate scandal turns 50 — in pictures

  • Former US president Richard Nixon points to transcripts of tapes after he announced during a televised speech that he would turn them over to House of Representatives impeachment investigators during the Watergate scandal. AP
    Former US president Richard Nixon points to transcripts of tapes after he announced during a televised speech that he would turn them over to House of Representatives impeachment investigators during the Watergate scandal. AP
  • John Ehrlichman, a key figure in the Watergate scandal, was convicted of conspiracy and perjury and served 18 months in prison. AP
    John Ehrlichman, a key figure in the Watergate scandal, was convicted of conspiracy and perjury and served 18 months in prison. AP
  • FBI official Mark Felt was the 'Washington Post' informant that helped them break the Watergate story. AP
    FBI official Mark Felt was the 'Washington Post' informant that helped them break the Watergate story. AP
  • Nixon tells a group of Republican campaign contributors that he will get to the bottom of the Watergate scandal during a speech on May 9, 1973, in Washington. AP
    Nixon tells a group of Republican campaign contributors that he will get to the bottom of the Watergate scandal during a speech on May 9, 1973, in Washington. AP
  • The Senate Watergate Committee hearings on Capitol Hill in Washington took place in 1973. AP
    The Senate Watergate Committee hearings on Capitol Hill in Washington took place in 1973. AP
  • HR Haldeman, former top Nixon aide, speaks before the Senate Watergate Committee in Washington on July 31, 1973. AP
    HR Haldeman, former top Nixon aide, speaks before the Senate Watergate Committee in Washington on July 31, 1973. AP
  • Named in the Watergate scandal, from left to right, are G Gordon Liddy, White House counsel John W Dean III, former attorney general John Mitchell, and former Nixon deputy campaign manager Jeb Stuart Magruder. AP
    Named in the Watergate scandal, from left to right, are G Gordon Liddy, White House counsel John W Dean III, former attorney general John Mitchell, and former Nixon deputy campaign manager Jeb Stuart Magruder. AP
  • Howard Baker, vice chairman of the Senate Watergate Investigating Committee, questions James McCord during a hearing in Washington, on May 18, 1973. AP
    Howard Baker, vice chairman of the Senate Watergate Investigating Committee, questions James McCord during a hearing in Washington, on May 18, 1973. AP
  • Nixon says goodbye with a victorious salute to his staff members outside the White House as he boards a helicopter after resigning the presidency on August 9, 1974. AP
    Nixon says goodbye with a victorious salute to his staff members outside the White House as he boards a helicopter after resigning the presidency on August 9, 1974. AP
  • The traumas of Watergate and January 6 are a half century apart, in vastly different eras, and they were about different things. AP
    The traumas of Watergate and January 6 are a half century apart, in vastly different eras, and they were about different things. AP
  • Nixon gives a speech at the White House following his resignation from the presidency after the Watergate scandal. Consolidated News Pictures / AFP
    Nixon gives a speech at the White House following his resignation from the presidency after the Watergate scandal. Consolidated News Pictures / AFP
  • Parking space D32 in the garage underneath the Oakhill Office Building, where 'Washington Post' reporter Bob Woodward would meet his source known as 'Deep Throat' to exchange notes about the Watergate scandal, in Rosslyn, Virginia. Getty Images / AFP
    Parking space D32 in the garage underneath the Oakhill Office Building, where 'Washington Post' reporter Bob Woodward would meet his source known as 'Deep Throat' to exchange notes about the Watergate scandal, in Rosslyn, Virginia. Getty Images / AFP
  • Evidence from the Watergate break-in at the Democratic National Committee headquarters in Washington. AFP
    Evidence from the Watergate break-in at the Democratic National Committee headquarters in Washington. AFP
  • The Watergate buildings feature office suites, a hotel and single-family residences. Getty Images / AFP
    The Watergate buildings feature office suites, a hotel and single-family residences. Getty Images / AFP
  • Woodward was a cub reporter when he and veteran 'Washington Post' reporter Carl Bernstein broke the Watergate story. AFP
    Woodward was a cub reporter when he and veteran 'Washington Post' reporter Carl Bernstein broke the Watergate story. AFP
  • A break-in by five men looking to install microphones at the Watergate and take pictures of documents to find compromising information on Nixon's opponents led to the president's downfall. AFP
    A break-in by five men looking to install microphones at the Watergate and take pictures of documents to find compromising information on Nixon's opponents led to the president's downfall. AFP
  • Former 'Washington Post’s' executive editor Ben Bradlee and publisher Katharine Graham seen leaving the US district court in Washington. AP
    Former 'Washington Post’s' executive editor Ben Bradlee and publisher Katharine Graham seen leaving the US district court in Washington. AP
  • Nixon met football star Pele in 1973 as rumblings of the Watergate scandal were beginning to surface. Photo: US National Archives
    Nixon met football star Pele in 1973 as rumblings of the Watergate scandal were beginning to surface. Photo: US National Archives
  • A wanted poster features key people involved in the Watergate scandal at the National Portrait Gallery in Washington. EPA
    A wanted poster features key people involved in the Watergate scandal at the National Portrait Gallery in Washington. EPA
  • The exhibition presents illustrations from the 50th anniversary of the Watergate scandal. EPA
    The exhibition presents illustrations from the 50th anniversary of the Watergate scandal. EPA
  • A photograph of Mark Felt and 'Time' magazine cover artwork called 'Nixon's Palace Guard' are part of the display. EPA
    A photograph of Mark Felt and 'Time' magazine cover artwork called 'Nixon's Palace Guard' are part of the display. EPA
  • Pulitzer Prize-winning journalist Carl Bernstein eulogises his former boss and 'Washington Post' executive editor Ben Bradlee at the National Cathedral in Washington. Getty Images / AFP
    Pulitzer Prize-winning journalist Carl Bernstein eulogises his former boss and 'Washington Post' executive editor Ben Bradlee at the National Cathedral in Washington. Getty Images / AFP
  • A caricature which appeared on the cover of 'Time' magazine in April 1973. EPA
    A caricature which appeared on the cover of 'Time' magazine in April 1973. EPA
  • The luxurious Watergate complex in Washington where the Democratic National Committee had its offices in 1973. AP
    The luxurious Watergate complex in Washington where the Democratic National Committee had its offices in 1973. AP
  • The exterior of the modern Watergate Hotel in Washington. Photo: Ron Blunt
    The exterior of the modern Watergate Hotel in Washington. Photo: Ron Blunt
  • The location of the clandestine meetings between Woodward and Mark Felt in 1972 and 1973 were kept secret until Felt came forward and revealed himself to be Deep Throat in 2005. Getty Images / AFP
    The location of the clandestine meetings between Woodward and Mark Felt in 1972 and 1973 were kept secret until Felt came forward and revealed himself to be Deep Throat in 2005. Getty Images / AFP
  • A historical marker stands outside the parking garage underneath the Oakhill Office Building in Rosslyn, Virginia. Getty Images / AFP
    A historical marker stands outside the parking garage underneath the Oakhill Office Building in Rosslyn, Virginia. Getty Images / AFP
  • Ben Bradlee, actor Dustin Hoffman and Harry Rosenfeld talk at the premiere of 'All the President's Men' at the Kennedy Centre in Washington. The Washington Post / AP
    Ben Bradlee, actor Dustin Hoffman and Harry Rosenfeld talk at the premiere of 'All the President's Men' at the Kennedy Centre in Washington. The Washington Post / AP

Mr Morin’s first break came while he was studying at Syracuse University, where a friend asked if he would like to draw for the college paper.

“It started with one cartoon a week, then two, then three and then four,” he says.

“I just abandoned my studies and just started drawing five cartoons a week for The Daily Orange. It was invaluable experience and critical for getting me a job when I came out of college.”

His stint at the college daily provided him with a body of work that he showed to The Beaumont Enterprise, a Texas-based paper with a circulation of 60,000. It wasn't much, he says, but it was a start.

“The minute I got there, I started to send my work to Time, Newsweek, and US News and World Report.”

From Beaumont, he moved on to The Richmond Inquirer in Virginia and then The Miami Herald in 1978, where he remained until his retirement in 2020.

'You think you're going to go mad'

Producing a daily cartoon was initially challenging.

“You're starting out, it really is a grind and you think you're going to go mad,” Mr Morin says.

“You worry about not thinking up an idea and you're worrying about the drawing being terrible and all that stuff.”

Gradually, rather than fretting about meeting a deadline, Mr Morin learnt to relax, keeping an eye on the news. Eventually, ideas for cartoons began to come to him in droves.

“Once I knew what I wanted to say, the idea for the cartoon just happens.”

Such was the popularity of Mr Morin’s cartoons that he was asked to do animated versions.

Not only did he draw the pictures, he did the voices as well — using technical wizardry to produce surprisingly accurate imitations.

The arrival of Donald Trump — “a despicable man” — posed fresh opportunities, as well as challenges.

'The National' cartoonist Shadi Ghanim's take on the status of the climate change deal. 'People wanted some relief, but he was so dangerous, you couldn’t not focus on him,' Jim Morin said. The National
'The National' cartoonist Shadi Ghanim's take on the status of the climate change deal. 'People wanted some relief, but he was so dangerous, you couldn’t not focus on him,' Jim Morin said. The National

“My view was that you could draw Trump cartoons five days a week,” he says.

“People wanted some relief, but he was so dangerous, you couldn’t not focus on him.”

Drawing conclusions

Retirement, which has enabled Mr Morin to devote more time to painting, means he consumes news out of interest rather than as a professional obligation.

“I specifically keep up with global warming and the effects of it. It’s impossible to ignore it.”

So, after 40 years in the business, just how much influence do cartoonists have?

Mr Morin guffaws at the question: “George Bush was re-elected — that’s how powerful my cartoons are.”

He says that the level of influence cartoons have is not enough to “convert” people.

“I have met a few people who have been, but I don’t expect it,” he says.

Still, Mr Morin and other cartoonists play an important role in helping people “clarify” their opinions.

“Some people have a feeling about something and they see a cartoon which clarifies their views,” he says. “That’s what I have been told by members of my audience.

“What I am thinking is that they just couldn’t verbalise it and the image crystallises that feeling for them.”

I Feel Pretty
Dir: Abby Kohn/Mark Silverstein
Starring: Amy Schumer, Michelle Williams, Emily Ratajkowski, Rory Scovel
 

Brief scoreline:

Tottenham 1

Son 78'

Manchester City 0

Match info

What: Fifa Club World Cup play-off
Who: Al Ain v Team Wellington
Where: Hazza bin Zayed Stadium, Al Ain
When: Wednesday, kick off 7.30pm

MATCH INFO

Liverpool 0

Stoke City 0

Man of the Match: Erik Pieters (Stoke)

Terminal High Altitude Area Defense (THAAD)

What is THAAD?

It is considered to be the US' most superior missile defence system.

Production:

It was first created in 2008.

Speed:

THAAD missiles can travel at over Mach 8, so fast that it is hypersonic.

Abilities:

THAAD is designed to take out projectiles, namely ballistic missiles, as they are on their downward trajectory towards their target, otherwise known as the "terminal phase".

Purpose:

To protect high-value strategic sites, such as airfields or population centres.

Range:

THAAD can target projectiles both inside and outside of the Earth's atmosphere, at an altitude of 93 miles above the Earth's surface.

Creators:

Lockheed Martin was originally granted the contract to develop the system in 1992. Defence company Raytheon sub-contracts to develop other major parts of the system, such as ground-based radar.

UAE and THAAD:

In 2011, the UAE became the first country outside of the US to buy two THAAD missile defence systems. It then deployed them in 2016, becoming the first Gulf country to do so.

GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

Where to donate in the UAE

The Emirates Charity Portal

You can donate to several registered charities through a “donation catalogue”. The use of the donation is quite specific, such as buying a fan for a poor family in Niger for Dh130.

The General Authority of Islamic Affairs & Endowments

The site has an e-donation service accepting debit card, credit card or e-Dirham, an electronic payment tool developed by the Ministry of Finance and First Abu Dhabi Bank.

Al Noor Special Needs Centre

You can donate online or order Smiles n’ Stuff products handcrafted by Al Noor students. The centre publishes a wish list of extras needed, starting at Dh500.

Beit Al Khair Society

Beit Al Khair Society has the motto “From – and to – the UAE,” with donations going towards the neediest in the country. Its website has a list of physical donation sites, but people can also contribute money by SMS, bank transfer and through the hotline 800-22554.

Dar Al Ber Society

Dar Al Ber Society, which has charity projects in 39 countries, accept cash payments, money transfers or SMS donations. Its donation hotline is 800-79.

Dubai Cares

Dubai Cares provides several options for individuals and companies to donate, including online, through banks, at retail outlets, via phone and by purchasing Dubai Cares branded merchandise. It is currently running a campaign called Bookings 2030, which allows people to help change the future of six underprivileged children and young people.

Emirates Airline Foundation

Those who travel on Emirates have undoubtedly seen the little donation envelopes in the seat pockets. But the foundation also accepts donations online and in the form of Skywards Miles. Donated miles are used to sponsor travel for doctors, surgeons, engineers and other professionals volunteering on humanitarian missions around the world.

Emirates Red Crescent

On the Emirates Red Crescent website you can choose between 35 different purposes for your donation, such as providing food for fasters, supporting debtors and contributing to a refugee women fund. It also has a list of bank accounts for each donation type.

Gulf for Good

Gulf for Good raises funds for partner charity projects through challenges, like climbing Kilimanjaro and cycling through Thailand. This year’s projects are in partnership with Street Child Nepal, Larchfield Kids, the Foundation for African Empowerment and SOS Children's Villages. Since 2001, the organisation has raised more than $3.5 million (Dh12.8m) in support of over 50 children’s charities.

Noor Dubai Foundation

Sheikh Mohammed bin Rashid Al Maktoum launched the Noor Dubai Foundation a decade ago with the aim of eliminating all forms of preventable blindness globally. You can donate Dh50 to support mobile eye camps by texting the word “Noor” to 4565 (Etisalat) or 4849 (du).

If you go

The flights

Emirates flies from Dubai to Seattle from Dh5,555 return, including taxes. Portland is a 260 km drive from Seattle and Emirates offers codeshare flights to Portland with its partner Alaska Airlines.

The car

Hertz (www.hertz.ae) offers compact car rental from about $300 per week, including taxes. Emirates Skywards members can earn points on their car hire through Hertz.

Parks and accommodation

For information on Crater Lake National Park, visit www.nps.gov/crla/index.htm . Because of the altitude, large parts of the park are closed in winter due to snow. While the park’s summer season is May 22-October 31, typically, the full loop of the Rim Drive is only possible from late July until the end of October. Entry costs $25 per car for a day. For accommodation, see www.travelcraterlake.com. For information on Umpqua Hot Springs, see www.fs.usda.gov and https://soakoregon.com/umpqua-hot-springs/. For Bend, see https://www.visitbend.com/.

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.”

John%20Wick%3A%20Chapter%204
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Chad%20Stahelski%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Keanu%20Reeves%2C%20Laurence%20Fishburne%2C%20George%20Georgiou%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E4%2F5%3C%2Fp%3E%0A
Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

How to wear a kandura

Dos

  • Wear the right fabric for the right season and occasion 
  • Always ask for the dress code if you don’t know
  • Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work 
  • Wear 100 per cent cotton under the kandura as most fabrics are polyester

Don’ts 

  • Wear hamdania for work, always wear a ghutra and agal 
  • Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
It Was Just an Accident

Director: Jafar Panahi

Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr

Rating: 4/5

WHAT%20START-UPS%20IS%20VISA%20SEEKING%3F
%3Cp%3E%3Cstrong%3EEnablers%20of%20digital%20services%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Blockchain%20and%20cryptocurrency%3Cbr%3E%E2%80%A2%20Crowdfunding%3Cbr%3E%E2%80%A2%20Banking-as-a-service%3Cbr%3E%E2%80%A2%20Banking%20identification%20number%20sponsors%3Cbr%3E%E2%80%A2%20Issuers%2Fprocessors%3Cbr%3E%E2%80%A2%20Programme%20managers%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EDigital%20issuance%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Blockchain%20and%20cryptocurrency%3Cbr%3E%E2%80%A2%20Alternative%20lending%3Cbr%3E%E2%80%A2%20Personal%20financial%20management%3Cbr%3E%E2%80%A2%20Money%20transfer%20and%20remittance%3Cbr%3E%E2%80%A2%20Digital%20banking%20(neo%20banks)%3Cbr%3E%E2%80%A2%20Digital%20wallets%2C%20peer-to-peer%20and%20transfers%3Cbr%3E%E2%80%A2%20Employee%20benefits%3Cbr%3E%E2%80%A2%20Payables%3Cbr%3E%E2%80%A2%20Corporate%20cards%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EValue-add%20for%20merchants%2Fconsumers%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Data%20and%20analytics%3Cbr%3E%E2%80%A2%20ID%2C%20authentication%20and%20security%3Cbr%3E%E2%80%A2%20Insurance%20technology%3Cbr%3E%E2%80%A2%20Loyalty%3Cbr%3E%E2%80%A2%20Merchant%20services%20and%20tools%3Cbr%3E%E2%80%A2%20Process%20and%20payment%20infrastructure%3Cbr%3E%E2%80%A2%20Retail%20technology%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ESME%20recovery%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Money%20movement%3Cbr%3E%E2%80%A2%20Acceptance%3Cbr%3E%E2%80%A2%20Risk%20management%3Cbr%3E%E2%80%A2%20Brand%20management%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ENew%20categories%20for%202023%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Sustainable%20FinTechs%3Cbr%3E%E2%80%A2%20Risk%3Cbr%3E%E2%80%A2%20Urban%20mobility%3C%2Fp%3E%0A
UAE currency: the story behind the money in your pockets
Three trading apps to try

Sharad Nair recommends three investment apps for UAE residents:

  • For beginners or people who want to start investing with limited capital, Mr Nair suggests eToro. “The low fees and low minimum balance requirements make the platform more accessible,” he says. “The user interface is straightforward to understand and operate, while its social element may help ease beginners into the idea of investing money by looking to a virtual community.”
  • If you’re an experienced investor, and have $10,000 or more to invest, consider Saxo Bank. “Saxo Bank offers a more comprehensive trading platform with advanced features and insight for more experienced users. It offers a more personalised approach to opening and operating an account on their platform,” he says.
  • Finally, StashAway could work for those who want a hands-off approach to their investing. “It removes one of the biggest challenges for novice traders: picking the securities in their portfolio,” Mr Nair says. “A goal-based approach or view towards investing can help motivate residents who may usually shy away from investment platforms.”
BMW M5 specs

Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor

Power: 727hp

Torque: 1,000Nm

Transmission: 8-speed auto

Fuel consumption: 10.6L/100km

On sale: Now

Price: From Dh650,000

Company%20profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3EXare%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3EJanuary%2018%2C%202021%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EPadmini%20Gupta%2C%20Milind%20Singh%2C%20Mandeep%20Singh%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFunds%20Raised%3A%20%3C%2Fstrong%3E%2410%20million%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%20%3C%2Fstrong%3E28%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3Eundisclosed%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EMS%26amp%3BAD%20Ventures%2C%20Middle%20East%20Venture%20Partners%2C%20Astra%20Amco%2C%20the%20Dubai%20International%20Financial%20Centre%2C%20Fintech%20Fund%2C%20500%20Startups%2C%20Khwarizmi%20Ventures%2C%20and%20Phoenician%20Funds%3C%2Fp%3E%0A
The specs

Engine: 1.5-litre turbo

Power: 181hp

Torque: 230Nm

Transmission: 6-speed automatic

Starting price: Dh79,000

On sale: Now

The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E2.9-litre%20twin-turbo%20V6%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E8-speed%20auto%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E536hp%20(including%20138hp%20e-motor)%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E750Nm%20(including%20400Nm%20e-motor)%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh1%2C380%2C000%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3Enow%3C%2Fp%3E%0A

Turkish Ladies

Various artists, Sony Music Turkey 

'Texas Chainsaw Massacre'

Rating: 1 out of 4

Running time: 81 minutes

Director: David Blue Garcia

Starring: Sarah Yarkin, Elsie Fisher, Mark Burnham

LA LIGA FIXTURES

Friday Athletic Bilbao v Celta Vigo (Kick-off midnight UAE)

Saturday Levante v Getafe (5pm), Sevilla v Real Madrid (7.15pm), Atletico Madrid v Real Valladolid (9.30pm), Cadiz v Barcelona (midnight)

Sunday Granada v Huesca (5pm), Osasuna v Real Betis (7.15pm), Villarreal v Elche (9.30pm), Alaves v Real Sociedad (midnight)

Monday Eibar v Valencia (midnight)

AL%20BOOM
%3Cp%20style%3D%22text-align%3Ajustify%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3BDirector%3AAssad%20Al%20Waslati%26nbsp%3B%3C%2Fp%3E%0A%3Cp%20style%3D%22text-align%3Ajustify%3B%22%3E%0DStarring%3A%20Omar%20Al%20Mulla%2C%20Badr%20Hakami%20and%20Rehab%20Al%20Attar%0D%3Cbr%3E%0D%3Cbr%3EStreaming%20on%3A%20ADtv%0D%3Cbr%3E%0D%3Cbr%3ERating%3A%203.5%2F5%0D%3Cbr%3E%0D%3Cbr%3E%3C%2Fp%3E%0A
AIDA%20RETURNS
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3ECarol%20Mansour%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3EAida%20Abboud%2C%20Carol%20Mansour%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203.5.%2F5%3C%2Fp%3E%0A
Updated: June 24, 2022, 6:00 PM