A Gypsum manufactory plant was attacked in the city of Bakhmut at the eastern Ukrainian region of Donbas. AFP
A Gypsum manufactory plant was attacked in the city of Bakhmut at the eastern Ukrainian region of Donbas. AFP
A Gypsum manufactory plant was attacked in the city of Bakhmut at the eastern Ukrainian region of Donbas. AFP
A Gypsum manufactory plant was attacked in the city of Bakhmut at the eastern Ukrainian region of Donbas. AFP

Defiant Zelenskyy vows Ukraine will resist and rebuild as Russia attacks Donbas


Simon Rushton
  • English
  • Arabic

Live updates: follow the latest news on Russia-Ukraine

Ukrainian cities suffering under Russia’s military onslaught will resist and be rebuilt, President Volodymyr Zelenskyy promised on Friday

He said Russian forces are hitting cities in the east of the country with air and missile strikes.

Two cities, Lyman and Severodonetsk, are significant targets in Russia’s push to seize the Donbas region.

“We are protecting our land in a way that our current defence resources allow us. We are doing everything to reinforce it. And we will reinforce it,” he said.

“If the occupiers think that Lyman and Severodonetsk will be theirs, they are wrong. The Donbas will be Ukrainian because it’s us, it’s our essence.

“Even if Russia brings destruction and suffering there, we will rebuild every city and every community. There is no, and there won’t be any, real alternative to Ukrainian flags.”

  • Service members of pro-Russian troops drive a tank past a destroyed residential building in the town of Popasna in the Luhansk region, Ukraine. Reuters
    Service members of pro-Russian troops drive a tank past a destroyed residential building in the town of Popasna in the Luhansk region, Ukraine. Reuters
  • Smoke and dirt rise from the city of Severodonetsk during shelling in the eastern Ukrainian region of Donbas. AFP
    Smoke and dirt rise from the city of Severodonetsk during shelling in the eastern Ukrainian region of Donbas. AFP
  • Russian soldiers Alexander Alexeevich Ivanov and Alexander Vladimirovich Bobykin, left, attend their trial hearing in Kotelva, northeastern Ukraine. AP Photo
    Russian soldiers Alexander Alexeevich Ivanov and Alexander Vladimirovich Bobykin, left, attend their trial hearing in Kotelva, northeastern Ukraine. AP Photo
  • Ukrainian President Volodymyr Zelenskyy, right, meets with Finnish Prime Minister Sanna Marin in Kyiv, Ukraine. AP
    Ukrainian President Volodymyr Zelenskyy, right, meets with Finnish Prime Minister Sanna Marin in Kyiv, Ukraine. AP
  • A man drives a GAZ-21 Volga car past a damaged building in Kharkiv, eastern Ukraine, on the 92nd day of the Russian invasion of Ukraine. AFP
    A man drives a GAZ-21 Volga car past a damaged building in Kharkiv, eastern Ukraine, on the 92nd day of the Russian invasion of Ukraine. AFP
  • Public transit workers sweep up shrapnel in Kharkiv, Ukraine. Getty Images
    Public transit workers sweep up shrapnel in Kharkiv, Ukraine. Getty Images
  • Pro-Russian troops inspect an AT4 anti-tank launcher outside the town of Svitlodarsk in the Donetsk region, Ukraine. Reuters
    Pro-Russian troops inspect an AT4 anti-tank launcher outside the town of Svitlodarsk in the Donetsk region, Ukraine. Reuters
  • People inspect destroyed Russian tanks and armoured vehicles in Irpin, Ukraine. Getty Images
    People inspect destroyed Russian tanks and armoured vehicles in Irpin, Ukraine. Getty Images
  • A local resident pets a cat next to a destroyed house in Vilkhivka village, near Kharkiv, Ukraine. AFP
    A local resident pets a cat next to a destroyed house in Vilkhivka village, near Kharkiv, Ukraine. AFP
  • The remains of a school in Vilkhivka village, near Kharkiv. AFP
    The remains of a school in Vilkhivka village, near Kharkiv. AFP
  • Widow and daughter of Andriy Vertiev, a Ukrainian serviceman, killed during the Russian invasion of Ukraine, attend his funeral at Lychakiv cemetery, Lviv, Ukraine. AFP
    Widow and daughter of Andriy Vertiev, a Ukrainian serviceman, killed during the Russian invasion of Ukraine, attend his funeral at Lychakiv cemetery, Lviv, Ukraine. AFP
  • Russian serviceman Vadim Shishimarin, centre, leaves a court hearing in Kyiv. EPA
    Russian serviceman Vadim Shishimarin, centre, leaves a court hearing in Kyiv. EPA
  • Kateryna Shelikhova, widow of Oleksandr Shelipov, 62, who was shot dead by a Russian soldier. Reuters
    Kateryna Shelikhova, widow of Oleksandr Shelipov, 62, who was shot dead by a Russian soldier. Reuters
  • A child plays against a backdrop of buildings ruined by shelling in Borodyanka, Ukraine. AP
    A child plays against a backdrop of buildings ruined by shelling in Borodyanka, Ukraine. AP
  • A Ukrainian woman in the basement of a building used as bomb shelter in Soledar, Donetsk region. AP
    A Ukrainian woman in the basement of a building used as bomb shelter in Soledar, Donetsk region. AP
  • Residents live in a subway station used as temporary shelter in Kharkiv. AP
    Residents live in a subway station used as temporary shelter in Kharkiv. AP
  • Men with salvageable material from damaged buildings after Russian bombing in Bakhmut, eastern Ukraine. AP
    Men with salvageable material from damaged buildings after Russian bombing in Bakhmut, eastern Ukraine. AP
  • A cuddly toy adorns a destroyed Russian battle tank near damaged homes in Hostomel, Ukraine. Getty Images
    A cuddly toy adorns a destroyed Russian battle tank near damaged homes in Hostomel, Ukraine. Getty Images
  • A mortar explodes next to a road leading to the city of Lysychansk, in the eastern Ukrainian region of Donbas. AFP
    A mortar explodes next to a road leading to the city of Lysychansk, in the eastern Ukrainian region of Donbas. AFP
  • A Ukrainian army vehicle moves towards the front line at a checkpoint near Lysychansk. AFP
    A Ukrainian army vehicle moves towards the front line at a checkpoint near Lysychansk. AFP
  • A boy looks at flags honouring soldiers killed while fighting Russian troops, in Kyiv city centre. AP
    A boy looks at flags honouring soldiers killed while fighting Russian troops, in Kyiv city centre. AP
  • A mannequin with a fake gun is placed as bait on a roadside in the Nord Saltivka district of Kharkiv. EPA
    A mannequin with a fake gun is placed as bait on a roadside in the Nord Saltivka district of Kharkiv. EPA
  • A man looks at a destroyed Russian tank placed as a symbol of war, in central Kyiv. AP
    A man looks at a destroyed Russian tank placed as a symbol of war, in central Kyiv. AP
  • Ukraine's President Volodymyr Zelenskyy on a screen at the opening ceremony for the World Economic Forum in Davos, Switzerland. Reuters
    Ukraine's President Volodymyr Zelenskyy on a screen at the opening ceremony for the World Economic Forum in Davos, Switzerland. Reuters
  • Smoke billows from an oil refinery after an attack outside the city of Lysychansk, in the eastern Ukrainian region of Donbas. AFP
    Smoke billows from an oil refinery after an attack outside the city of Lysychansk, in the eastern Ukrainian region of Donbas. AFP
  • A woman walks by a destroyed apartment building in Bakhmut, Donbas region. AFP
    A woman walks by a destroyed apartment building in Bakhmut, Donbas region. AFP
  • An elderly woman stands inside her heavily damaged house after it was hit by a missile in Bakhmut. AFP
    An elderly woman stands inside her heavily damaged house after it was hit by a missile in Bakhmut. AFP
  • A mother with her daughter sit inside a bus as they leave Bakhmut. AFP
    A mother with her daughter sit inside a bus as they leave Bakhmut. AFP
  • A Ukrainian soldier prepares coffee as he takes a break near an artillery position in the breakaway enclave of Donetsk, in the Donbas region. Reuters
    A Ukrainian soldier prepares coffee as he takes a break near an artillery position in the breakaway enclave of Donetsk, in the Donbas region. Reuters
  • A Ukrainian soldier exercises near Donetsk. Reuters
    A Ukrainian soldier exercises near Donetsk. Reuters
  • A woman displaced by incessant Russian shelling leaves a metro station where people had been living underground for months in Kharkiv, Ukraine. Getty
    A woman displaced by incessant Russian shelling leaves a metro station where people had been living underground for months in Kharkiv, Ukraine. Getty
  • A heavily damaged home spa near Ruski Tyshky village in Ukraine. Getty
    A heavily damaged home spa near Ruski Tyshky village in Ukraine. Getty
  • The wreckage of a Ukrainian military helicopter is transported in Kharkiv. Getty
    The wreckage of a Ukrainian military helicopter is transported in Kharkiv. Getty
  • Ukrainian President Volodymyr Zelenskyy and Polish President Andrzej Duda in Kyiv. EPA
    Ukrainian President Volodymyr Zelenskyy and Polish President Andrzej Duda in Kyiv. EPA
  • Two Ukrainian national guard soldiers pay their respects at a cemetery in Kharkiv. AP
    Two Ukrainian national guard soldiers pay their respects at a cemetery in Kharkiv. AP
  • A man pushes a wheelbarrow past a heavily damaged apartment building near Azovstal Iron and Steel Works in Mariupol. Reuters
    A man pushes a wheelbarrow past a heavily damaged apartment building near Azovstal Iron and Steel Works in Mariupol. Reuters
  • The burnt out shells of cars in a residential area near Azovstal Iron and Steel Works in Mariupol. Reuters
    The burnt out shells of cars in a residential area near Azovstal Iron and Steel Works in Mariupol. Reuters
  • Pro-Russian troops drive a tank in Ukraine's Donetsk region. Reuters
    Pro-Russian troops drive a tank in Ukraine's Donetsk region. Reuters
  • A Russian soldier takes a break during an operation to demine the territory of Azovstal steel plant in Mariupol. Reuters
    A Russian soldier takes a break during an operation to demine the territory of Azovstal steel plant in Mariupol. Reuters
  • Relatives and friends attend the funeral of a Ukrainian soldier killed in action, in the Odessa region city of Rozdilna. EPA
    Relatives and friends attend the funeral of a Ukrainian soldier killed in action, in the Odessa region city of Rozdilna. EPA
  • Ukrainians wearing traditional clothing listen to their national anthem as they take part in the celebration of 'Vyshyvanka Day', an annual celebration of Ukrainian folk traditions, in Athens. AFP
    Ukrainians wearing traditional clothing listen to their national anthem as they take part in the celebration of 'Vyshyvanka Day', an annual celebration of Ukrainian folk traditions, in Athens. AFP

He added: “As expected, the situation [in the Donbas] is extremely difficult.

“The occupiers are trying to achieve the goals they hoped to achieve in the first days of the war after February 24, at least before the 100th day of the war. That’s why they have concentrated maximum artillery and reserves [there].”

Ukrainian forces are doing everything possible to protect the territory, he said.

Severodonetsk and Lyman are the last areas under Ukrainian control in Luhansk, one of two provinces that make up the Donbas. Russia-backed separatists have controlled parts of the territory for the past eight years.

“Massive artillery shelling does not stop, day and night,” Severodonetsk Mayor Oleksandr Striuk said.

“The city is being systematically destroyed — 90 per cent of the buildings in the city are damaged.”

Mr Striuk described conditions as reminiscent of the battle for Mariupol, a port city located in the Donetsk region, which is now in ruins.

Russian forces are “chewing through ground” in Ukraine and closing in on capturing Severodonetsk, western officials said.

UK Prime Minister Boris Johnson said Ukraine's successful defence of Kyiv in the early weeks of the war should not lull western countries into thinking Russia was defeated.

“I’m afraid that [Russian President Vladimir] Putin, at great cost to himself and Russian military, is continuing to chew through ground in Donbas, he’s continuing to make gradual, slow, but I’m afraid palpable progress,” he told Bloomberg.

A US defence official said in a briefing that Russian troops had “essentially encircled” Severodonetsk and seized the city’s north-east, but that fighting continued despite efforts to stop Ukraine resupplying its forces.

%3Cp%3EThe%20Department%20of%20Culture%20and%20Tourism%20-%20Abu%20Dhabi%E2%80%99s%20Arabic%20Language%20Centre%20will%20mark%20International%20Women%E2%80%99s%20Day%20at%20the%20Bologna%20Children's%20Book%20Fair%20with%20the%20Abu%20Dhabi%20Translation%20Conference.%20Prolific%20Emirati%20author%20Noora%20Al%20Shammari%2C%20who%20has%20written%20eight%20books%20that%20%20feature%20in%20the%20Ministry%20of%20Education's%20curriculum%2C%20will%20appear%20in%20a%20session%20on%20Wednesday%20to%20discuss%20the%20challenges%20women%20face%20in%20getting%20their%20works%20translated.%3C%2Fp%3E%0A
Profile of Hala Insurance

Date Started: September 2018

Founders: Walid and Karim Dib

Based: Abu Dhabi

Employees: Nine

Amount raised: $1.2 million

Funders: Oman Technology Fund, AB Accelerator, 500 Startups, private backers

 

Infiniti QX80 specs

Engine: twin-turbocharged 3.5-liter V6

Power: 450hp

Torque: 700Nm

Price: From Dh450,000, Autograph model from Dh510,000

Available: Now

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

'My Son'

Director: Christian Carion

Starring: James McAvoy, Claire Foy, Tom Cullen, Gary Lewis

Rating: 2/5

Company%20profile
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20JustClean%3Cbr%3E%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%20with%20offices%20in%20other%20GCC%20countries%3Cbr%3E%3Cbr%3E%3Cstrong%3ELaunch%20year%3A%3C%2Fstrong%3E%202016%3Cbr%3E%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%20160%2B%20with%2021%20nationalities%20in%20eight%20cities%3Cbr%3E%3Cstrong%3E%3Cbr%3ESector%3A%3C%2Fstrong%3E%20online%20laundry%20and%20cleaning%20services%3Cbr%3E%3Cbr%3E%3Cstrong%3EFunding%3A%20%3C%2Fstrong%3E%2430m%20from%20Kuwait-based%20Faith%20Capital%20Holding%20and%20Gulf%20Investment%20Corporation%3C%2Fp%3E%0A
The bio:

Favourite film:

Declan: It was The Commitments but now it’s Bohemian Rhapsody.

Heidi: The Long Kiss Goodnight.

Favourite holiday destination:

Declan: Las Vegas but I also love getting home to Ireland and seeing everyone back home.

Heidi: Australia but my dream destination would be to go to Cuba.

Favourite pastime:

Declan: I love brunching and socializing. Just basically having the craic.

Heidi: Paddleboarding and swimming.

Personal motto:

Declan: Take chances.

Heidi: Live, love, laugh and have no regrets.

 

Tenet

Director: Christopher Nolan

Stars: John David Washington, Robert Pattinson, Elizabeth Debicki, Dimple Kapadia, Michael Caine, Kenneth Branagh 

Rating: 5/5

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.”

LIVERPOOL%20TOP%20SCORERS
%3Cp%3E(Premier%20League%20only)%3Cbr%3EMohamed%20Salah%20129%3Cbr%3ERobbie%20Fowler%20128%3Cbr%3ESteven%20Gerrard%20120%3Cbr%3EMichael%20Owen%20118%3Cbr%3ESadio%20Mane%2090%3Cbr%3E%3C%2Fp%3E%0A
COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
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%20profile
%3Cp%3E%3Cbr%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Khodar%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Cairo%20and%20Alexandria%2C%20in%20Egypt%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Ayman%20Hamza%2C%20Yasser%20Eidrous%20and%20Amr%20El%20Sheikh%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20agriculture%20technology%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20%24500%2C000%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Saudi%20Arabia%E2%80%99s%20Revival%20Lab%20and%20others%3Cbr%3E%3Cstrong%3EEmployees%3A%3C%2Fstrong%3E%2035%3C%2Fp%3E%0A
West Indies v India - Third ODI

India 251-4 (50 overs)
Dhoni (78*), Rahane (72), Jadhav (40)
Cummins (2-56), Bishoo (1-38)
West Indies 158 (38.1 overs)
Mohammed (40), Powell (30), Hope (24)
Ashwin (3-28), Yadav (3-41), Pandya (2-32)

India won by 93 runs

RESULTS

6.30pm Al Maktoum Challenge Round-2 – Group 1 (PA) $49,000 (Dirt) 1,900m

Winner RB Frynchh Dude, Pat Cosgrave (jockey), Helal Al Alawi (trainer)

7.05pm Al Bastakiya Trial – Conditions (TB) $50,000 (D) 1,900m

Winner El Patriota, Vagner Leal, Antonio Cintra

7.40pm Zabeel Turf – Listed (TB) $88,000 (Turf) 2,000m

Winner Ya Hayati, Mickael Barzalona, Charlie Appleby

8.15pm Cape Verdi – Group 2 (TB) $163,000 (T) 1,600m

Winner Althiqa, James Doyle, Charlie Appleby

8.50pm UAE 1000 Guineas – Listed (TB) $125,000 (D) 1,600m

Winner Soft Whisper, Frankie Dettori, Saeed bin Suroor

9.25pm Handicap (TB) $68,000 (T) 1,600m

Winner Bedouin’s Story, Frankie Dettori, Saeed bin Suroor

CABINET%20OF%20CURIOSITIES%20EPISODE%201%3A%20LOT%2036
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EGuillermo%20del%20Toro%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Tim%20Blake%20Nelson%2C%20Sebastian%20Roche%2C%20Elpidia%20Carrillo%3Cbr%3ERating%3A%204%2F5%3C%2Fp%3E%0A

Day 1 results:

Open Men (bonus points in brackets)
New Zealand 125 (1) beat UAE 111 (3)
India 111 (4) beat Singapore 75 (0)
South Africa 66 (2) beat Sri Lanka 57 (2)
Australia 126 (4) beat Malaysia -16 (0)

Open Women
New Zealand 64 (2) beat South Africa 57 (2)
England 69 (3) beat UAE 63 (1)
Australia 124 (4) beat UAE 23 (0)
New Zealand 74 (2) beat England 55 (2)

UAE currency: the story behind the money in your pockets
What can victims do?

Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

Report to local authorities

Warn others to prevent further harm

Courtesy: Crystal Intelligence

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
Updated: May 27, 2022, 11:13 PM