February carried a special significance for Filipinos this year. It was the 25th anniversary of the EDSA People Power Revolution of 1986, during which peaceful protests in Manila's Epifanio de Los Santos Avenue brought an end to the 21-year rule of Ferdinand Marcos.
Only hours after Marcos was reinvested as president following another rigged vote, the ailing dictator and his notoriously extravagant wife, Imelda, fled the Malacanang Palace for exile in Hawaii. Crowds stormed the residence and made off with personal belongings of the couple, who were accused of looting $10 billion from a country they left bankrupt and divided.
How fitting that the president overseeing the silver jubilee celebrations - which included pop concerts, book launches and the dedication of a museum at Camp Aguinaldo, where the tiny band of armed forces whose rebellion against Marcos was crucial to the uprising's success made their stand - should be Benigno Aquino III. For "Noynoy", as he is popularly known, is the true heir to that revolutionary uprising. It was the assassination of his father, opposition leader Ninoy Aquino, in 1983 that set in motion the events that led to Marcos's ousting, while his mother, Corazon, was the self-declared "plain housewife" who became the revolution's figurehead and the keeper of its flame. Her death in 2009 was marked by 10 days of mourning across the Philippines.
Just days before the anniversary, however, there was a call for remembrance of a very different kind. On February 16, Marcos's son Ferdinand Jr, or "Bongbong", told reporters that his father ought to be honoured with a burial at Libingan ng mga Bayani, the country's official heroes' cemetery. His father's embalmed body should be moved from the refrigerated crypt in Batac, Ilocos Norte, where it has been on display in a glass case since 1993, after the Marcoses were allowed to return, and be interred in the manner befitting a former president and decorated soldier. "It is his right," said Marcos Jr. "The lessons that needed to be learned have been learned. It is time to close this chapter."
Far from being drowned by a chorus of consternation, in March Marcos Jr's call was followed by a resolution in Congress backing the move. "Ferdinand Marcos gave invaluable service to his country as soldier, writer, statesman, president and commander-in-chief," it read. He "remained a Filipino patriot to the end of his life and in death deserves to be honoured as such". So far 219 representatives - more than 80 per cent of the chamber - have signed. Human-rights groups and church representatives have expressed outrage; it was only this year that victims and families affected by the torture, summary executions and disappearances for which a Honolulu Federal Court found the Marcos estate liable in 1995 began to receive payments. (The class action awarded 9,539 plaintiffs a total of $2 billion in damages.)
President Aquino has "inhibited" himself from the decision and asked Jejomar Binay, his vice president, to make a recommendation instead. That may be understandable, given that he still believes Ferdinand Marcos was responsible for his father's shooting. But many view it as a convenient excuse all-too-typical of a vacillating president whose pledges of reform have yet to yield much in the way of substance. Both sides insist the issue is clear-cut: either that Marcos more than fulfils the conditions for burial in the hallowed cemetery, or that even to contemplate bestowing the honour is an insult to those who fought for the restoration of democracy. As the conclusion will upset significant numbers, far better to let the vice president take the fall.
Handed the poisoned chalice, Binay has attempted to share the responsibility by asking political parties, NGOs and the public to let him know their thoughts, prompting thousands of texts and e-mails. The vice president promised an announcement in the first week of June, saying: "We will act based on the result of public opinion." If so, the hero's burial could well go through - two recent opinion polls showed a majority in favour. Meanwhile, Marcos Jr is in the country's Senate, his mother Imelda a congresswoman - and as unrepentant as ever - while his sister Imee was elected governor of the family home province of Ilocos Norte last year. A mere quarter of a century after he was deposed, a man who regularly used to make lists of the world's worst dictators is well on his way to rehabilitation. Have Filipinos forgiven? Have they forgotten? Or could it be that the EDSA Revolution didn't really change anything at all?
***
That was not the impression at the time. The images of rosary-clutching nuns standing in the paths of tanks went around the world. EDSA became sealed as the first of a series of people's uprisings in that decade, when a populace declared en masse that it could endure tyranny no more, backed by the moral authority of the Catholic Church headed, in the Philippines, by Cardinal Jaime Sin. Corazon Aquino's homeliness stood in perfect contrast to the ostentation of the Marcos family; one of her first announcements was that she would not live in the opulent Malacanang but in a more modest residence. But she could not live up to the initial promise that led Time magazine to hail her as its "Woman of the Year" in 1986. As the US academic David Wurfel, author of numerous books on the Philippines, put it: "Aquino's personal reputation was as pure as the driven snow, and she came to office apparently determined to bring Marcos and his cronies to justice and pledged to uphold high standards of honesty for her own administration. Unfortunately she achieved neither goal."
Marcos died three years into his exile. In a rather over-magnanimous gesture considering all he stood accused of, including the murder of her husband, Aquino had the flags flown at half-staff. But maybe the honour could not reasonably be denied. Then as now, not one of Marcos's circle has ever been conclusively brought to justice, while accusations against Aquino's own relatives were already rife shortly into her presidency. When considering whether the oligarchic and dynastic nature of Philippine society was even slightly disrupted by EDSA, it is instructive to take the example of Eduardo "Danding" Cojuangco. A provincial governor in the 1980s, he ran the national coconut monopoly and was widely considered to be Marcos's closest economic crony. He fled with the deposed president in 1986 when his cousin, Cory Aquino, succeeded; but his star did not wane for long. He made a bid for the presidency himself in 1992, and in 2010 Forbes magazine rated him as the 10th wealthiest person in the Philippines, with a fortune of $760 million.
Among the upper echelons of Filipino politicians, Cojuangco is far from alone in having roots that reach from the present, through the Marcos era, back to the post-war independence period. Four of the five post-EDSA presidents - both Aquinos, Fidel Ramos and Gloria Macapagal-Arroyo - have come from landowning or political families. No wonder that Senator Gregorio Honasan, a key member of the army faction that rebelled against Marcos in 1986, lamented in an interview five years ago: "Can you imagine how stupid and romantic and impractical we were? Only the dates and personalities have changed."
The return of democracy has not brought greater stability. There were a series of failed coups against Cory Aquino. The 1986 revolution has been followed by EDSA II and III (the eviction and subsequent attempted reinstatement in 2001 of President Joseph Estrada, later to be convicted of corruption), while a fourth sequel appeared quite possible during the previous administration of Arroyo, herself investigated for vote-rigging. "People Power" was still proudly evoked, but its moral authority was not that of 1986; it had become dangerously close to a form of instant semi-democratic decision-taking in which the will of the masses overrode the constitution that was supposed to protect the country against unmandated power.
Neither has democracy proved an elixir for prosperity - or not so far as the 40 million out of the 94 million Filipinos who live on less than $2 a day will have noticed - nor for the regional status the country used to enjoy. In the early 1960s the Philippines' economy recorded growth second only to Japan in the region. President Macapagal could demand the "return" of part of North Borneo from the newly created state of Malaysia while talking grandly of a "Maphilindo" that might combine the two countries with Indonesia - and be taken seriously. Today the government's clout is such that when it begged China to spare the lives of three convicted drug traffickers this year it was humiliatingly ignored.
***
If some now look back at the Marcos era with a fondness that surprises the outside world, it raises fewer eyebrows in the country that now seems ready to elevate him to the national pantheon. When he was first elected president in 1965, Ferdinand Marcos was a dashing, charismatic figure who proclaimed he wanted to reform a rotten, cosy system that benefited only the old elites. His predecessors, he remarked, "were just front men for the oligarchs". He would be different. "The Filipino has lost his soul, his dignity and his courage," he said in his inaugural speech. Pledging to fight lawlessness, corruption and poverty, he said his government would act "as the guardian of the law's majesty, the source of justice to the weak and solace to the underprivileged ... Not one hero do I ask from you - but many; nay all, I ask all of you to be heroes for our nation."
The president led by example. A keen sportsman and crack shot, he had a distinguished war record (challenged as fiction later, but not at the time) and a brilliant career in the Congress and Senate before defeating Diosdado Macapagal in 1965. He and his former beauty queen wife, Imelda, made a handsome, modern couple and were compared with the Kennedys, while Marcos's oratory, with its stress on an "internal revolution" for the Filipino and on "Asian freedom and self-respect", aimed to restore pride. He initiated massive infrastructure development programmes, attacked the landowning establishment, took a more prominent role internationally, such as in the formation of the Association of South East Asian Nations in 1967, and two years later became the first Philippine president to be elected to a second term.
To the West, and to the US in particular, he was a key ally in the struggle against communism. In 1972 he imposed martial law, nominally to save the country from Marxist and Muslim insurgencies and "leftist subversion". The comments on a visit to Manila by then-US vice president George Bush after the emergency law was lifted in 1981 - "we love your adherence to democratic principles and to the democratic process" - have been justly ridiculed. More to the point was the conclusion of a US Senate report soon after its imposition: "Military bases and a familiar government in the Philippines are more important than the preservation of democratic institutions which were imperfect at best".
Marcos's daughter, Imee, is a vigorous defender of her father's time in office, even of the period that earns him the most opprobrium. "The best roads and bridges were built during martial law," she has said. "Even the movies were better then." Last year she added: "You have to judge it in its context, in its time. That was a period for strong leadership, which became very apparent in South-east Asia ... Whether you agreed or didn't agree with my dad, he had a vision; he knew where he wanted to go." Her support for her father is perhaps to be expected. Greater weight might be given to the assessment of Juan Ponce Enrile, currently the president of the Philippine Senate. He, along with Fidel Ramos, led the armed forces to the side of the EDSA Revolution in 1986. If martial law had ended in 1977, he said, Marcos "would have been enshrined as the best president the country ever had".
Many Filipinos appear to be willing to omit even that caveat. In a 2005 poll, they rated Marcos higher than any of his successors.
But he did not lift martial law then, nor did he stand down until he was old, ailing and had finally been told to go by Ronald Reagan. He had lost the support of the Chinese business community, the entrepreneurial middle classes, the poor whom he had failed to protect against the caprices of crony capitalists and the excesses of the military, and then ultimately the army he had built up into such a powerful force. Cory Aquino's best line in the election campaign - "I concede that I cannot match Mr Marcos when it comes to experience. I admit that I have no experience in cheating, stealing, lying or assassinating political opponents" - resonated throughout the country Marcos had tried to make into a "New Society". It was not just the collapse of the economy, weakened by years of kleptocracy, that did for Marcos in the end. Estimates vary wildly, but up to 35,000 people may have been tortured during the martial law years, 120,000 subjected to arbitrary arrest and detention and nearly 1,000 simply "disappeared".
***
Could the truth about Marcos's misdeeds - the tyranny, corruption and violence - really soon be laid to rest along with his body in Libingan ng mga Bayani? To those who suffered, putting such a harmonious gloss on history is intolerable. "A fascist dictator is never a hero, especially to the thousands of victims of human-rights violations under the Marcos regime," said Marie Hilao Enriquez, chair of Selda, a victims' rights group Selda last month. He had fought "a dirty war" against his own people. "We will never forget the horrors that the Filipino people endured."
Others have voiced their disgust at the proposal equally strongly. In the opinion of the veteran journalist Amando Doronila, author of Afro-Asia in Upheaval: A Memoir of Frontline Reporting: "Marcos's case is extraordinary. What makes it extraordinary is that he was the only Filipino president who destroyed a functioning democracy and imposed a dictatorship. His crony and corruption-ridden regime made the country an Asian basket case." Burying him in the heroes' cemetery would turn it into "a shrine of national shame".
Some, such as the sponsor of the congressional resolution, Salvador Escudero, claim that the move is meant to promote forgiveness and reconciliation. That brought a tart response from Father Gregorio Banaga of the Catholic Educational Association. "Who doesn't want to be reconciled?" he said. "But let it be true reconciliation based on justice. Is there ever a statement by the Marcoses admitting that they repressed human rights? Are they repentant?" He lamented: "Filipinos easily forget the past."
William S Esposo, a former media executive and political strategist who was awarded the Presidential Legion of Honour in February as part of the EDSA 25th anniversary celebrations, agrees. He calls the tendency to forgetfulness a "national malady". This is why, he wrote in his Philippine Star column, "public officials who were already disgraced in the past are able to recycle themselves". There are many he could have been thinking of, not least Senator Enrile. He may be a genuine hero of the restoration of democracy; but he was also Marcos's long-term minister of defence, and it was a staged attempt on his life - in which he connived - that provided the excuse to impose martial law in the first place.
Such a compromised past may well prompt a longing for the healing balm of amnesia. But not just in the Philippines; it is widespread throughout South-east Asia. Few young Cambodians are encouraged to learn the history of the murderous Pol Pot years, and the government has made clear it has little appetite for the UN-backed tribunal in Phnom Penh to extend its remit beyond the five Khmer Rouge leaders it has concentrated on so far.
Marcos's rehabilitation is almost a duplication of the proposal last October, by a government department, to raise Indonesia's former dictator Suharto to the status of "national hero". At the time I spoke to Tash Aw, an award-winning author whose first two novels deal with Malaysia and Indonesia in the pre- and post-independence years, but his comments apply equally well to the Philippines. "The newspapers are full of comments like 'sure, mistakes were made' and 'no one is perfect'," he said. "You hear echoes of this all throughout the region. It's as if we can't bear to confront the brutal reality of what we have inflicted on ourselves, and we need to gloss over things and concentrate on the present."
Suharto and Marcos had the distinction of being listed by the NGO Transparency International as the first and second most corrupt leaders of all time in 2004. Since their depositions, however, both countries have suffered rampant corruption, unstable government and the swift emergence of dynastic tendencies at the top of politics. A need to regard the towering figures of their post-independence histories more kindly is partly understandable. "People in South-east Asia recognise that these leaders stole their money and with relative impunity," says Bridget Welsh, a politics professor at Singapore Management University. "But there comes a point when these individuals become part of the national story and defined as part of the country's development." The alternative, maybe, is to accept the verdict of a US official in the 1970s. The Philippines, he said, had become a country of "40 million people afraid of one son of a bitch".
Few would find that view particularly palatable. Certainly not Marcos Jr, who knows well how few unalloyed heroes his country has. This year Angelo Reyes, a former cabinet minister and army chief of staff, committed suicide days after being accused of corruption in testimony before the Senate. He was buried, with full military pomp, in Libingan ng mga Bayani. As Marcos Jr asked: if Reyes, who was neither a former president nor a war hero, deserved such an honour, then why not his father, who is still officially both? Most Filipinos, it seems, are not inclined to disagree.
Sholto Byrnes is a contributing editor of the New Statesman and a frequent commentator on South-east Asian politics and religion.
THE%20SPECS
%3Cp%3EEngine%3A%203-litre%20V6%20turbo%20(standard%20model%2C%20E-hybrid)%3B%204-litre%20V8%20biturbo%20(S)%0D%3Cbr%3EPower%3A%20350hp%20(standard)%3B%20463hp%20(E-hybrid)%3B%20467hp%20(S)%0D%3Cbr%3ETorque%3A%20500Nm%20(standard)%3B%20650Nm%20(E-hybrid)%3B%20600Nm%20(S)%0D%0D%3Cbr%3EPrice%3A%20From%20Dh368%2C500%0D%3Cbr%3EOn%20sale%3A%20Now%3C%2Fp%3E%0A
The Lowdown
Kesari
Rating: 2.5/5 stars
Produced by: Dharma Productions, Azure Entertainment
Directed by: Anubhav Singh
Cast: Akshay Kumar, Parineeti Chopra
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
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.”
Representing%20UAE%20overseas
%3Cp%3E%0DIf%20Catherine%20Richards%20debuts%20for%20Wales%20in%20the%20Six%20Nations%2C%20she%20will%20be%20the%20latest%20to%20have%20made%20it%20from%20the%20UAE%20to%20the%20top%20tier%20of%20the%20international%20game%20in%20the%20oval%20ball%20codes.%0D%3Cbr%3E%20%0D%3Cbr%3E%3Cstrong%3ESeren%20Gough-Walters%20(Wales%20rugby%20league)%3C%2Fstrong%3E%0D%3Cbr%3EBorn%20in%20Dubai%2C%20raised%20in%20Sharjah%2C%20and%20once%20an%20immigration%20officer%20at%20the%20British%20Embassy%20in%20Abu%20Dhabi%2C%20she%20debuted%20for%20Wales%20in%20rugby%20league%20in%202021.%0D%3Cbr%3E%20%0D%3Cbr%3E%3Cstrong%3ESophie%20Shams%20(England%20sevens)%3C%2Fstrong%3E%0D%3Cbr%3EWith%20an%20Emirati%20father%20and%20English%20mother%2C%20Shams%20excelled%20at%20rugby%20at%20school%20in%20Dubai%2C%20and%20went%20on%20to%20represent%20England%20on%20the%20sevens%20circuit.%20%0D%3Cbr%3E%20%0D%3Cbr%3E%3Cstrong%3EFiona%20Reidy%20(Ireland)%3C%2Fstrong%3E%0D%3Cbr%3EMade%20her%20Test%20rugby%20bow%20for%20Ireland%20against%20England%20in%202015%2C%20having%20played%20for%20four%20years%20in%20the%20capital%20with%20Abu%20Dhabi%20Harlequins%20previously.%0D%3C%2Fp%3E%0A
Abu Dhabi Sustainability Week
Game Changer
Director: Shankar
Stars: Ram Charan, Kiara Advani, Anjali, S J Suryah, Jayaram
Rating: 2/5
Dubai Bling season three
Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed
Rating: 1/5
The specs
AT4 Ultimate, as tested
Engine: 6.2-litre V8
Power: 420hp
Torque: 623Nm
Transmission: 10-speed automatic
Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)
On sale: Now
Key products and UAE prices
iPhone XS
With a 5.8-inch screen, it will be an advance version of the iPhone X. It will be dual sim and comes with better battery life, a faster processor and better camera. A new gold colour will be available.
Price: Dh4,229
iPhone XS Max
It is expected to be a grander version of the iPhone X with a 6.5-inch screen; an inch bigger than the screen of the iPhone 8 Plus.
Price: Dh4,649
iPhone XR
A low-cost version of the iPhone X with a 6.1-inch screen, it is expected to attract mass attention. According to industry experts, it is likely to have aluminium edges instead of stainless steel.
Price: Dh3,179
Apple Watch Series 4
More comprehensive health device with edge-to-edge displays that are more than 30 per cent bigger than displays on current models.
Mercedes-AMG GT 63 S E Performance: the specs
Engine: 4.0-litre twin-turbo V8 plus rear-mounted electric motor
Power: 843hp at N/A rpm
Torque: 1470Nm N/A rpm
Transmission: 9-speed auto
Fuel consumption: 8.6L/100km
On sale: October to December
Price: From Dh875,000 (estimate)
Indoor cricket in a nutshell
Indoor Cricket World Cup – Sep 16-20, Insportz, Dubai
16 Indoor cricket matches are 16 overs per side
8 There are eight players per team
9 There have been nine Indoor Cricket World Cups for men. Australia have won every one.
5 Five runs are deducted from the score when a wickets falls
4 Batsmen bat in pairs, facing four overs per partnership
Scoring In indoor cricket, runs are scored by way of both physical and bonus runs. Physical runs are scored by both batsmen completing a run from one crease to the other. Bonus runs are scored when the ball hits a net in different zones, but only when at least one physical run is score.
Zones
A Front net, behind the striker and wicketkeeper: 0 runs
B Side nets, between the striker and halfway down the pitch: 1 run
C Side nets between halfway and the bowlers end: 2 runs
D Back net: 4 runs on the bounce, 6 runs on the full
More from Neighbourhood Watch:
The Ashes
Results
First Test, Brisbane: Australia won by 10 wickets
Second Test, Adelaide: Australia won by 120 runs
Third Test, Perth: Australia won by an innings and 41 runs
Fourth Test: Melbourne: Drawn
Fifth Test: Australia won by an innings and 123 runs
The%20specs%20
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3EDual%20permanently%20excited%20synchronous%20motors%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E516hp%20or%20400Kw%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E858Nm%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3ESingle%20speed%20auto%3Cbr%3E%3Cstrong%3ERange%3A%20%3C%2Fstrong%3E485km%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh699%2C000%3C%2Fp%3E%0A
The specs
Engine: Dual 180kW and 300kW front and rear motors
Power: 480kW
Torque: 850Nm
Transmission: Single-speed automatic
Price: From Dh359,900 ($98,000)
On sale: Now
The specs: 2018 Ford F-150
Price, base / as tested: Dh173,250 / Dh178,500
Engine: 5.0-litre V8
Power: 395hp @ 5,000rpm
Torque: 555Nm @ 2,750rpm
Transmission: 10-speed automatic
Fuel consumption, combined: 12.4L / 100km
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
Company%20profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Fasset%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2019%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Mohammad%20Raafi%20Hossain%2C%20Daniel%20Ahmed%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%3C%2Fstrong%3E%20%242.45%20million%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2086%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Pre-series%20B%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Investcorp%2C%20Liberty%20City%20Ventures%2C%20Fatima%20Gobi%20Ventures%2C%20Primal%20Capital%2C%20Wealthwell%20Ventures%2C%20FHS%20Capital%2C%20VN2%20Capital%2C%20local%20family%20offices%3C%2Fp%3E%0A
UAE%20athletes%20heading%20to%20Paris%202024
%3Cp%3E%3Cstrong%3EEquestrian%3C%2Fstrong%3E%3Cbr%3EAbdullah%20Humaid%20Al%20Muhairi%2C%20Abdullah%20Al%20Marri%2C%20Omar%20Al%20Marzooqi%2C%20Salem%20Al%20Suwaidi%2C%20and%20Ali%20Al%20Karbi%20(four%20to%20be%20selected).%3Cbr%3E%3Cstrong%3EJudo%3C%2Fstrong%3E%3Cbr%3EMen%3A%20Narmandakh%20Bayanmunkh%20(66kg)%2C%20Nugzari%20Tatalashvili%20(81kg)%2C%20Aram%20Grigorian%20(90kg)%2C%20Dzhafar%20Kostoev%20(100kg)%2C%20Magomedomar%20Magomedomarov%20(%2B100kg)%3B%20women's%20Khorloodoi%20Bishrelt%20(52kg).%3Cbr%3E%3Cbr%3E%3Cstrong%3ECycling%3C%2Fstrong%3E%3Cbr%3ESafia%20Al%20Sayegh%20(women's%20road%20race).%3Cbr%3E%3Cbr%3E%3Cstrong%3ESwimming%3C%2Fstrong%3E%3Cbr%3EMen%3A%20Yousef%20Rashid%20Al%20Matroushi%20(100m%20freestyle)%3B%20women%3A%20Maha%20Abdullah%20Al%20Shehi%20(200m%20freestyle).%3Cbr%3E%3Cbr%3E%3Cstrong%3EAthletics%3C%2Fstrong%3E%3Cbr%3EMaryam%20Mohammed%20Al%20Farsi%20(women's%20100%20metres).%3C%2Fp%3E%0A
Company%20Profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Hoopla%3Cbr%3E%3Cstrong%3EDate%20started%3A%20%3C%2Fstrong%3EMarch%202023%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Jacqueline%20Perrottet%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%2010%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3EPre-seed%3Cbr%3E%3Cstrong%3EInvestment%20required%3A%3C%2Fstrong%3E%20%24500%2C000%3C%2Fp%3E%0A
How to avoid crypto fraud
- Use unique usernames and passwords while enabling multi-factor authentication.
- Use an offline private key, a physical device that requires manual activation, whenever you access your wallet.
- Avoid suspicious social media ads promoting fraudulent schemes.
- Only invest in crypto projects that you fully understand.
- Critically assess whether a project’s promises or returns seem too good to be true.
- Only use reputable platforms that have a track record of strong regulatory compliance.
- Store funds in hardware wallets as opposed to online exchanges.
THE SPECS
Engine: 6.75-litre twin-turbocharged V12 petrol engine
Power: 420kW
Torque: 780Nm
Transmission: 8-speed automatic
Price: From Dh1,350,000
On sale: Available for preorder now
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Revibe%20%0D%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202022%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Hamza%20Iraqui%20and%20Abdessamad%20Ben%20Zakour%20%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%20%0D%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Refurbished%20electronics%20%0D%3Cbr%3E%3Cstrong%3EFunds%20raised%20so%20far%3A%3C%2Fstrong%3E%20%2410m%20%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EFlat6Labs%2C%20Resonance%20and%20various%20others%0D%3C%2Fp%3E%0A
The specs
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
If you go
The flights
There are various ways of getting to the southern Serengeti in Tanzania from the UAE. The exact route and airstrip depends on your overall trip itinerary and which camp you’re staying at.
Flydubai flies direct from Dubai to Kilimanjaro International Airport from Dh1,350 return, including taxes; this can be followed by a short flight from Kilimanjaro to the Serengeti with Coastal Aviation from about US$700 (Dh2,500) return, including taxes. Kenya Airways, Emirates and Etihad offer flights via Nairobi or Dar es Salaam.
Company%20Profile
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Raha%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202022%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Kuwait%2FSaudi%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Tech%20Logistics%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20%2414%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Soor%20Capital%2C%20eWTP%20Arabia%20Capital%2C%20Aujan%20Enterprises%2C%20Nox%20Management%2C%20Cedar%20Mundi%20Ventures%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%20166%3C%2Fp%3E%0A
Nepotism is the name of the game
Salman Khan’s father, Salim Khan, is one of Bollywood’s most legendary screenwriters. Through his partnership with co-writer Javed Akhtar, Salim is credited with having paved the path for the Indian film industry’s blockbuster format in the 1970s. Something his son now rules the roost of. More importantly, the Salim-Javed duo also created the persona of the “angry young man” for Bollywood megastar Amitabh Bachchan in the 1970s, reflecting the angst of the average Indian. In choosing to be the ordinary man’s “hero” as opposed to a thespian in new Bollywood, Salman Khan remains tightly linked to his father’s oeuvre. Thanks dad.
Company%20profile%20
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EElggo%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%20August%202022%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Luma%20Makari%20and%20Mirna%20Mneimneh%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%2C%20UAE%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20Education%20technology%20%2F%20health%20technology%3Cbr%3E%3Cstrong%3ESize%3A%3C%2Fstrong%3E%20Four%20employees%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Pre-seed%3C%2Fp%3E%0A
If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.
When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.
How to get there: Emirates currently flies from Dubai to Orlando five times a week.
ARGYLLE
%3Cp%3EDirector%3A%20Matthew%20Vaughn%3C%2Fp%3E%0A%3Cp%3EStarring%3A%20Bryce%20Dallas%20Howard%2C%20Sam%20Rockwell%2C%20John%20Cena%3C%2Fp%3E%0A%3Cp%3ERating%3A%203%2F5%3C%2Fp%3E%0A
The specs: 2018 Mercedes-AMG C63 S Cabriolet
Price, base: Dh429,090
Engine 4.0-litre twin-turbo V8
Transmission Seven-speed automatic
Power 510hp @ 5,500rpm
Torque 700Nm @ 1,750rpm
Fuel economy, combined 9.2L / 100km
COMPANY%20PROFILE%20
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3EAlmouneer%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202017%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Dr%20Noha%20Khater%20and%20Rania%20Kadry%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EEgypt%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%20%3C%2Fstrong%3E120%3Cbr%3E%3Cstrong%3EInvestment%3A%20%3C%2Fstrong%3EBootstrapped%2C%20with%20support%20from%20Insead%20and%20Egyptian%20government%2C%20seed%20round%20of%20%3Cbr%3E%243.6%20million%20led%20by%20Global%20Ventures%3Cbr%3E%3C%2Fp%3E%0A
Emergency
Director: Kangana Ranaut
Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry
Rating: 2/5
Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
Round 3: February 7-9, Dubai Autodrome – Dubai
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
PROFILE BOX:
Company/date started: 2015
Founder/CEO: Rami Salman, Rishav Jalan, Ayush Chordia
Based: Dubai, UAE
Sector: Technology, Sales, Voice, Artificial Intelligence
Size: (employees/revenue) 10/ 100,000 downloads
Stage: 1 ($800,000)
Investors: Eight first-round investors including, Beco Capital, 500 Startups, Dubai Silicon Oasis, Hala Fadel, Odin Financial Services, Dubai Angel Investors, Womena, Arzan VC
RESULTS
Main card
Bantamweight 56.4kg: Mehdi Eljamari (MAR) beat Abrorbek Madiminbekov (UZB), Split points decision
Super heavyweight 94 kg: Adnan Mohammad (IRN) beat Mohammed Ajaraam (MAR), Split points decision
Lightweight 60kg: Zakaria Eljamari (UAE) beat Faridoon Alik Zai (AFG), RSC round 3
Light heavyweight 81.4kg: Taha Marrouni (MAR) beat Mahmood Amin (EGY), Unanimous points decision
Light welterweight 64.5kg: Siyovush Gulmamadov (TJK) beat Nouredine Samir (UAE), Unanimous points decision
Light heavyweight 81.4kg: Ilyass Habibali (UAE) beat Haroun Baka (ALG), KO second round
%20Ramez%20Gab%20Min%20El%20Akher
%3Cp%3E%3Cstrong%3ECreator%3A%3C%2Fstrong%3E%20Ramez%20Galal%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Ramez%20Galal%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStreaming%20on%3A%20%3C%2Fstrong%3EMBC%20Shahid%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E2.5%2F5%3C%2Fp%3E%0A
The specs
Engine: 2.7-litre 4-cylinder Turbomax
Power: 310hp
Torque: 583Nm
Transmission: 8-speed automatic
Price: From Dh192,500
On sale: Now
THE RESULTS
5pm: Maiden (PA) Dh80,000 1,400m
Winner: Alnawar, Connor Beasley (jockey), Helal Al Alawi (trainer)
5.30pm: Maiden (PA) Dh80,000 1,400m
Winner: Raniah, Noel Garbutt, Ernst Oertel
6pm: Handicap (PA) Dh90,000 2,200m
Winner: Saarookh, Richard Mullen, Ana Mendez
6.30pm: Sheikh Zayed bin Sultan Al Nahyan Jewel Crown (PA) Rated Conditions Dh125,000 1,600m
Winner: RB Torch, Tadhg O’Shea, Eric Lemartinel
7pm: Al Wathba Stallions Cup Handicap Dh70,000 1,600m
Winner: MH Wari, Antonio Fresu, Elise Jeane
7.30pm: Handicap Dh90,000 1,600m
Winner: Mailshot, Royston Ffrench, Salem bin Ghadayer
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Mozn%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202017%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Mohammed%20Alhussein%2C%20Khaled%20Al%20Ghoneim%2C%20Abdullah%20Alsaeed%20and%20Malik%20Alyousef%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Riyadh%2C%20Saudi%20Arabia%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20FinTech%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20%2410%20million%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Raed%20Ventures%2C%20Shorooq%20Partners%2C%20VentureSouq%2C%20Sukna%20Ventures%20and%20others%3C%2Fp%3E%0A
The%20Genius%20of%20Their%20Age
%3Cp%3EAuthor%3A%20S%20Frederick%20Starr%3Cbr%3EPublisher%3A%20Oxford%20University%20Press%3Cbr%3EPages%3A%20290%3Cbr%3EAvailable%3A%20January%2024%3C%2Fp%3E%0A
BACK%20TO%20ALEXANDRIA
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3ETamer%20Ruggli%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3ENadine%20Labaki%2C%20Fanny%20Ardant%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E3.5%2F5%3C%2Fp%3E%0A
Manikarnika: The Queen of Jhansi
Director: Kangana Ranaut, Krish Jagarlamudi
Producer: Zee Studios, Kamal Jain
Cast: Kangana Ranaut, Ankita Lokhande, Danny Denzongpa, Atul Kulkarni
Rating: 2.5/5