Amanda Marie Berry (L), missing since April 2003, and Georgina Lynn Dejesus, missing since April 2004, have been reported found in Cleveland, Ohio, not far from where they were abducted. A third girl, Michelle Knight, was found at the same house. FBI handout / Reuters
Amanda Marie Berry (L), missing since April 2003, and Georgina Lynn Dejesus, missing since April 2004, have been reported found in Cleveland, Ohio, not far from where they were abducted. A third girl,Show more

Three women missing for a decade found in house of 'friendly neighbour Mr C'



CLEVELAND, US // The woman's voice was frantic and breathless, and she was choking back tears. "Help me. I'm Amanda Berry," she told a 911 dispatcher. "I've been kidnapped and I've been missing for 10 years and I'm, I'm here, I'm free now."
Those words led police to a house near downtown Cleveland, Ohio,  where they found Ms Berry and two other women who vanished about a decade ago. The home's owner and his two brothers were arrested, police said yesterday.
Ms Berry, 27, made the emergency call moments after she was freed from the house by a neighbour who said he heard screaming and came to her aid.
Police descended upon the house within minutes to find Ms Berry along with Gina DeJesus, who vanished in 2004, and Michelle Knight, who went missing in 2002 at age 20 and is now 32.
They also discovered a six-year-old girl believed to be Ms Berry's daughter, police said at a news conference.
Ms Berry had last been seen leaving her job at a fast-food restaurant the day before her 17th birthday in April 2003, and DeJesus, now 23, was last seen walking home from school.
The three women were taken to a hospital, where they were reunited with family and friends, and released, a spokeswoman said.
The owner of the house, Ariel Castro, 52, a school bus driver was arrested, as were his brothers Pedro, 54, and another brother, Onil, age 50, police said.
"We believe we have the people responsible," Cleveland deputy police chief Ed Tomba said at the news conference.
The house is close to where each woman was last seen and police believe they were in the home for the entire time they were missing.
"The nightmare is over. These three young ladies have provided us with the ultimate definition of survival and perseverance," said FBI special agent Steve Anthony. "Yes, law enforcement professionals do cry," he said.
The neighbour told police he helped Ms Berry kick out the bottom of a screen door that was locked.
"The real hero is Amanda," Mr Tomba said.
During her 911 call, Ms Berry gave the name of a man she said had abducted her. She said he had left the house and urged police to come quickly. She indicated that she knew her disappearance had been widely reported in the media.
All three women were from the west-side section of Cleveland where they ultimately resurfaced.
There was no word on the fate of a fourth missing girl, Ashley Summers, who disappeared from the same vicinity in July of 2007 aged 14 and who police investigated as possibly linked to the disappearances of Ms Berry and Ms DeJesus.
The disappearance of Ms Knight did not attract the local media attention of the suspected abductions of Ms Berry and Ms DeJesus.
Her grandmother, Deborah Knight, told the Cleveland Plain Dealer newspaper that some family members had concluded, based in part on suggestions by police and social workers at the time, that she had run away.
A woman who lived on the same street but asked not to be identified said Mr Castro lived alone in the house. She said he drove her two daughters to school and would drop them off in front of her house.
"I'm totally in shock. He seems like a normal guy. He was a gentleman. We all call him Mr C," she said.
A man who helped to look for Ms DeJesus, Pastor Angel Arroyo, said he and her family members had handed out flyers in the neighbourhood where she was found.
"We didn't search hard enough. She was right under our nose the whole time," Mr Arroyo said.
A mood of jubilation pervaded the city as word spread that the women had been found alive, especially in the blue-collar, heavily Latino neighbourhood where dozens of residents clustered near the house from which they were rescued.
City councilwoman Dona Brady, a friend of the Berry family, said that Ms Berry's grief-stricken mother had not survived to see her daughter rescued. "She literally died of a broken heart," Ms Brady said, adding that the mother died aged 47.

COMPANY PROFILE
Name: Airev
Started: September 2023
Founder: Muhammad Khalid
Based: Abu Dhabi
Sector: Generative AI
Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
Current number of staff: 47
 

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.”

HOW%20TO%20ACTIVATE%20THE%20GEMINI%20SHORTCUT%20ON%20CHROME%20CANARY
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Game Changer

Director: Shankar 

Stars: Ram Charan, Kiara Advani, Anjali, S J Suryah, Jayaram

Rating: 2/5

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%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 Sand Castle

Director: Matty Brown

Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea

Rating: 2.5/5

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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%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
THE SIXTH SENSE

Starring: Bruce Willis, Toni Collette, Hayley Joel Osment

Director: M. Night Shyamalan

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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.
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

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.

Business Insights
  • As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses. 
  • SMEs with revenue below Dh3 million per annum can opt for transitional relief until 2026, treating them as having no taxable income. 
  • Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.