SANAA, Yemen // Yemenis are voting today to rubber-stamp their vice president as the new head of state tasked with steering the country out of a crisis that followed the year-old anti-government uprising.
The vote can hardly be called an election since Vice President Abdrabu Mansur Hadi is the only candidate. The balloting was part of a Gulf-brokered deal under which embattled President Ali Abdullah Saleh stepped down in exchange for immunity from prosecution.
Mr Hadi cast his ballot early today at a polling centre hastily improvised near his home in the capital Sanaa, after a bomb threat forced the authorities to shut the one where he was supposed to vote.
Mr Hadi says the vote is the "only way out of the crisis that has ravaged the country".
The man set to become Yemen's president is a soft-spoken technocrat who has good relations with the West and has avoided the limelight during his 18 years of loyal service to the outgoing autocrat.
The US has backed Mr Hadi in hopes he can and will help fight the country's active Al Qaeda branch. Many Yemenis support him too, considering him the best man to replace Mr Saleh and shepherd one of the Arab world's poorest country out of the year-old anti-government uprising that has battered the nation and left hundreds dead.
One newspaper ran Mr Hadi's photo on its front page yesterday under a headline: "The President Tomorrow". Even the US president, Barack Obama, sent him a letter this week, voicing his support.
While highly respected by most Yemenis, few have any idea how Mr Hadi – who has not appeared in public and given only one televised speech in recent months – will tackle the huge problems Yemen faces. Many just want Mr Saleh to go.
"We want to finish with the stage we are going through now," said driver Mohammed Abdul-Khaliq, 25, who had pasted posters of Hadi on the doors of his taxi. "Saleh is finished."
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
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
The Bio
Favourite vegetable: “I really like the taste of the beetroot, the potatoes and the eggplant we are producing.”
Holiday destination: “I like Paris very much, it’s a city very close to my heart.”
Book: “Das Kapital, by Karl Marx. I am not a communist, but there are a lot of lessons for the capitalist system, if you let it get out of control, and humanity.”
Musician: “I like very much Fairuz, the Lebanese singer, and the other is Umm Kulthum. Fairuz is for listening to in the morning, Umm Kulthum for the night.”
COMPANY%20PROFILE
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Company: Instabug
Founded: 2013
Based: Egypt, Cairo
Sector: IT
Employees: 100
Stage: Series A
Investors: Flat6Labs, Accel, Y Combinator and angel investors
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.
Terminator: Dark Fate
Director: Tim Miller
Starring: Arnold Schwarzenegger, Linda Hamilton, Mackenzie Davis
Rating: 3/5
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Kill%20
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