Richard Ratcliffe views stones and placards with messages placed on the pavement outside the Foreign and Commonwealth Office during a demonstration to demand the release of his wife Nazanin Zaghari-Ratcliffe, who is imprisoned in Iran. Henry Nicholls/ Reuters
Richard Ratcliffe views stones and placards with messages placed on the pavement outside the Foreign and Commonwealth Office during a demonstration to demand the release of his wife Nazanin Zaghari-RaShow more

Husband of jailed UK-Iranian Nazanin Zaghari-Ratcliffe demands answers



The husband of Nazanin Zaghari-Ratcliffe, a British-Iranian woman jailed in Tehran, on Saturday demanded urgent updates from the Foreign Office in London about what was holding up her return to the UK.

Richard Ratcliffe, who took part in a small gathering outside the Foreign Office, said there had been positive signs from the Iranian authorities but the family did not know when she might be coming home.

Mrs Zaghari-Ratcliffe, a British-Iranian dual national who works for the Thomson Reuters Foundation – the media organisation's philanthropic arm – was arrested at Tehran airport in April 2016.

She is serving a five-year jail sentence for alleged sedition – charges she has always denied.

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"We've been getting better messages from the Iranian side, from the judiciary and the prosecutor's office in Iran," Mr Ratcliffe told Sky News television.

"This week the head of prison said, 'Oh yes, I've approved her release, I approved it a number of months ago'. So there's been clearly things to hold on to, hopefully.

"Part of the aspiration of today's message to the Foreign Secretary Boris Johnson is I would like to meet to ask, 'What's the blockage? What's going on?'"

The Foreign Office did not comment on Ratcliffe's reported updates.

A spokeswoman said: "We will continue to approach each case in a way that we judge is most likely to secure the outcome we all want.

"Therefore we will not be providing a running commentary on every twist and turn."

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How Filipinos in the UAE invest

A recent survey of 10,000 Filipino expatriates in the UAE found that 82 per cent have plans to invest, primarily in property. This is significantly higher than the 2014 poll showing only two out of 10 Filipinos planned to invest.

Fifty-five percent said they plan to invest in property, according to the poll conducted by the New Perspective Media Group, organiser of the Philippine Property and Investment Exhibition. Acquiring a franchised business or starting up a small business was preferred by 25 per cent and 15 per cent said they will invest in mutual funds. The rest said they are keen to invest in insurance (3 per cent) and gold (2 per cent).

Of the 5,500 respondents who preferred property as their primary investment, 54 per cent said they plan to make the purchase within the next year. Manila was the top location, preferred by 53 per cent.

Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
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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.

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Kibsons%20Cares
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MATCH INFO

Uefa Champions League semi-final, second leg result:

Ajax 2-3 Tottenham

Tottenham advance on away goals rule after tie ends 3-3 on aggregate

Final: June 1, Madrid


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