• Mykhaila and her daughter from Loubny, central Ukraine, travelled by train to the Ukrainian city of Lviv then took a bus to Medyka on the Polish border, before walking across. Photo: DEC
    Mykhaila and her daughter from Loubny, central Ukraine, travelled by train to the Ukrainian city of Lviv then took a bus to Medyka on the Polish border, before walking across. Photo: DEC
  • Women hold hands at the Medyka border crossing point, through which thousands of Ukrainian refugees have passed. Photo: DEC
    Women hold hands at the Medyka border crossing point, through which thousands of Ukrainian refugees have passed. Photo: DEC
  • Angelika, 27, and her daughter Diana, 4, from Khmelnytskyi in Ukraine arrive at a reception centre on the outskirts of Przemysl, Poland. Photo: DEC
    Angelika, 27, and her daughter Diana, 4, from Khmelnytskyi in Ukraine arrive at a reception centre on the outskirts of Przemysl, Poland. Photo: DEC
  • Maria, 38, from Chernihiv, left Ukraine with a friend. They came to the Romanian border to wait for another friend before crossing. Photo: Panos Pictures
    Maria, 38, from Chernihiv, left Ukraine with a friend. They came to the Romanian border to wait for another friend before crossing. Photo: Panos Pictures
  • Ukrainian Red Cross staff and volunteers are providing food and other basic necessities to about 8,000 people sheltering in an underground station in Kyiv. Photo: Tebukhukhov Maksym
    Ukrainian Red Cross staff and volunteers are providing food and other basic necessities to about 8,000 people sheltering in an underground station in Kyiv. Photo: Tebukhukhov Maksym
  • Kristina wipes away tears at Lwowska reception centre on the outskirts of Przemysl, Poland. Photo: DEC
    Kristina wipes away tears at Lwowska reception centre on the outskirts of Przemysl, Poland. Photo: DEC
  • Ira, 45, and her daughter Olena, 12, outside a transit centre in Przemysl, Poland. Photo: Adrienne Surprenant
    Ira, 45, and her daughter Olena, 12, outside a transit centre in Przemysl, Poland. Photo: Adrienne Surprenant
  • Veronika feeds her son Aleksander at the temporary refugee station in Medyka, eastern Poland. Photo: DEC
    Veronika feeds her son Aleksander at the temporary refugee station in Medyka, eastern Poland. Photo: DEC

Three million Ukraine refugees flee in freezing conditions, scarred by trauma


Layla Maghribi
  • English
  • Arabic

Live updates: follow the latest news on Russia-Ukraine

Three weeks into the Russian war on Ukraine and the number of those fleeing has exceeded three million, with organisations on the ground warning that their plight is worsening by the day.

The Disasters Emergency Committee, a coalition of 15 leading UK aid charities brought together at times of crisis overseas, says the “nature of the refugee crisis is changing” as the conflict spreads across Ukraine, deepening the need for humanitarian aid.

“The first wave of people who fled the conflict in Ukraine mostly had connections and relatives in neighbouring countries,” said Madara Hettiarachchi, the DEC’s Director of Humanitarian Programmes and Accountability.

“Now the people escaping have few family ties, have nowhere to go and are deeply traumatised from what they have seen and experienced. We are also seeing an increase in the number of unaccompanied children, and we can only imagine the fear and turmoil they are feeling.”

Ms Hettiarachchi said worsening violence means more of the refugees are people fleeing rapidly with few possessions. She warned that local capacity for receiving refugees is also struggling to keep up with the numbers arriving.

“The needs of these refugees is potentially far more acute as they have fled later, with fewer possessions and less resources. They are living in crowded temporary accommodation and need basic necessities — food and water. As the crisis unfolds, and the humanitarian needs deepen, the work of DEC charities is needed more than ever,” said Ms Hettiarachchi.

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DEC member charities are finding that the elderly and children are particularly vulnerable, and many older people are caring for the very young.

In Moldova, the situation is acute as the country has the highest number of refugees per capita, with 230,000 in a population of 2.6 million.

Two minutes to leave their home

Dan Stewart from Save the Children, which is working inside Ukraine and neighbouring countries to help provide children and families with immediate aid, said there were already worrying signs of the psychological impact on refugees, children in particular.

“One of the biggest fears for children coming across the border is the long-term impact of the horrendous and traumatic experiences they've been through,” he said.

“A mum told me that she and her three kids had had two minutes, literally two minutes, to leave their home when one of their friends suddenly had a car that could take them to the border. Two minutes to abandon your entire life and leave your home behind. Her nine-year-old daughter was really quiet and withdrawn and her mum said that sometimes she just starts crying.

  • Smoke rising in Kyiv, which mayor Vitali Klitschko says faces a 'difficult and dangerous moment' as Russian forces step up strikes. AFP
    Smoke rising in Kyiv, which mayor Vitali Klitschko says faces a 'difficult and dangerous moment' as Russian forces step up strikes. AFP
  • Pope Francis meets visitors holding the Ukrainian flag during his weekly general audience in the Vatican. AFP
    Pope Francis meets visitors holding the Ukrainian flag during his weekly general audience in the Vatican. AFP
  • An anti-war protester demonstrates against Russia's invasion of Ukraine in front of the Nato headquarters in Brussels. AFP
    An anti-war protester demonstrates against Russia's invasion of Ukraine in front of the Nato headquarters in Brussels. AFP
  • A poster in Saint Petersburg carries the letter Z, a symbol of support for the invasion, and reads: "We are proud of Russia! We are not ashamed!" AFP
    A poster in Saint Petersburg carries the letter Z, a symbol of support for the invasion, and reads: "We are proud of Russia! We are not ashamed!" AFP
  • Amid the Ukraine war, there's time for a seaside stroll in Odesa. Reuters
    Amid the Ukraine war, there's time for a seaside stroll in Odesa. Reuters
  • A child who fled from Ukraine to Belgium waits outside an immigration office in Brussels. EPA
    A child who fled from Ukraine to Belgium waits outside an immigration office in Brussels. EPA
  • Ukrainian President Volodymyr Zelenskyy receives a standing ovation as he appears via videoconference to make an address to Canada's Parliament. AP
    Ukrainian President Volodymyr Zelenskyy receives a standing ovation as he appears via videoconference to make an address to Canada's Parliament. AP
  • A woman walks with a bicycle next to a building damaged during the conflict in the separatist-controlled town of Volnovakha, Donetsk region. Reuters
    A woman walks with a bicycle next to a building damaged during the conflict in the separatist-controlled town of Volnovakha, Donetsk region. Reuters
  • A firefighter outside a destroyed apartment building in a residential area of Kyiv. AP
    A firefighter outside a destroyed apartment building in a residential area of Kyiv. AP
  • Ukrainian soldiers pay tribute to Col Valeriy Gudz, who was killed in battle against Russian troops, at a cemetery in the town of Boryspil. AP
    Ukrainian soldiers pay tribute to Col Valeriy Gudz, who was killed in battle against Russian troops, at a cemetery in the town of Boryspil. AP
  • Firefighters work to extinguish a fire in a housing block hit by shelling in the Sviatoshynsky district, in western Kyiv. AFP
    Firefighters work to extinguish a fire in a housing block hit by shelling in the Sviatoshynsky district, in western Kyiv. AFP
  • Two people were killed as a series of powerful explosions rocked residential districts in Kyiv just hours before talks between Ukraine and Russia were set to resume. AFP
    Two people were killed as a series of powerful explosions rocked residential districts in Kyiv just hours before talks between Ukraine and Russia were set to resume. AFP
  • The Met Opera and Chorus performs during 'A Concert For Ukraine' in New York City. AFP
    The Met Opera and Chorus performs during 'A Concert For Ukraine' in New York City. AFP
  • A worker welds metal at the Interpipe Steel plant in Dnipro, Ukraine. Hundreds of Interpipe’s 10,000 employees have joined the fight against Russia. AP
    A worker welds metal at the Interpipe Steel plant in Dnipro, Ukraine. Hundreds of Interpipe’s 10,000 employees have joined the fight against Russia. AP
  • A woman is rescued by firefighters from her apartment in a burning building that was hit by artillery shells in Kyiv. AP
    A woman is rescued by firefighters from her apartment in a burning building that was hit by artillery shells in Kyiv. AP
  • Rescuers work at a building damaged by an air strike, in central Kharkiv, Ukraine. Reuters
    Rescuers work at a building damaged by an air strike, in central Kharkiv, Ukraine. Reuters
  • A woman who fled Ukraine to Belgium waits outside an immigration office, in Brussels. EPA
    A woman who fled Ukraine to Belgium waits outside an immigration office, in Brussels. EPA
  • Cars stuck at the Irpin River bridge, as Russia unleashes a barrage of air strikes on cities across Ukraine. AFP
    Cars stuck at the Irpin River bridge, as Russia unleashes a barrage of air strikes on cities across Ukraine. AFP
  • A firefighter looks at a section of a Ukrainian Tochka-U missile on a street in the separatist Donetsk region. The Russian military said 20 civilians were killed by a ballistic missile launched by the Ukrainian forces. AP
    A firefighter looks at a section of a Ukrainian Tochka-U missile on a street in the separatist Donetsk region. The Russian military said 20 civilians were killed by a ballistic missile launched by the Ukrainian forces. AP
  • Musician Davide Martello plays a piano near the Ukrainian border in Medyka, Poland. More than 1.76 million people have crossed the Polish-Ukrainian border into Poland, the Polish Border Guard reported on March 14. EPA
    Musician Davide Martello plays a piano near the Ukrainian border in Medyka, Poland. More than 1.76 million people have crossed the Polish-Ukrainian border into Poland, the Polish Border Guard reported on March 14. EPA
  • Ukrainian President Volodymyr Zelenskyy, left, snaps a selfie with a wounded man during a visit at a military hospital after fighting in the Kyiv region.AFP
    Ukrainian President Volodymyr Zelenskyy, left, snaps a selfie with a wounded man during a visit at a military hospital after fighting in the Kyiv region.AFP
  • Ukrainian soldiers carry rocket-propelled grenades and sniper rifles as they walk towards the city of Irpin, north-west of Kyiv. AFP
    Ukrainian soldiers carry rocket-propelled grenades and sniper rifles as they walk towards the city of Irpin, north-west of Kyiv. AFP
  • Troops carry an elderly woman on a stretcher across a makeshift bridge as Ukrainians flee Irpin. AFP
    Troops carry an elderly woman on a stretcher across a makeshift bridge as Ukrainians flee Irpin. AFP
  • Irina Moprezova, 54, stands in front of a house that was damaged by an air strike in Irpin. AFP
    Irina Moprezova, 54, stands in front of a house that was damaged by an air strike in Irpin. AFP
  • The flags of Russia and Ukraine are projected on the walls of Jerusalem's Old City, which a representative from the Jerusalem Municipality said is a show of support for diplomatic dialogue between the countries. Reuters
    The flags of Russia and Ukraine are projected on the walls of Jerusalem's Old City, which a representative from the Jerusalem Municipality said is a show of support for diplomatic dialogue between the countries. Reuters
  • A person holds a Ukrainian flag during an anti-war demonstration at the Brandenburg Gate in Berlin, Germany. Reuters
    A person holds a Ukrainian flag during an anti-war demonstration at the Brandenburg Gate in Berlin, Germany. Reuters
  • A Ukrainian soldier takes cover as people flee Irpin. AFP
    A Ukrainian soldier takes cover as people flee Irpin. AFP
  • Ukrainians shelter in an underground train station during the day in Kyiv. EPA
    Ukrainians shelter in an underground train station during the day in Kyiv. EPA
  • A Ukrainian serviceman walks carefully with his weapon in the city of Irpin, near Kyiv. AFP
    A Ukrainian serviceman walks carefully with his weapon in the city of Irpin, near Kyiv. AFP
  • Ukrainian people flee the city of Irpin, north-west of Kyiv. AFP
    Ukrainian people flee the city of Irpin, north-west of Kyiv. AFP
  • Ukrainian servicemen carry an elderly woman on a stretcher from the city of Irpin. AFP
    Ukrainian servicemen carry an elderly woman on a stretcher from the city of Irpin. AFP
  • A girl plays games on her tablet inside a subway carriage being used as a bomb shelter in Kyiv. AFP
    A girl plays games on her tablet inside a subway carriage being used as a bomb shelter in Kyiv. AFP
  • A Ukrainian firefighter drags a hose inside a large food products storage facility which was destroyed by an air strike on the outskirts of Kyiv. AP
    A Ukrainian firefighter drags a hose inside a large food products storage facility which was destroyed by an air strike on the outskirts of Kyiv. AP
  • Ukrainian troops with a Javelin anti-tank missile on the front line in the northern Kyiv region. Reuters
    Ukrainian troops with a Javelin anti-tank missile on the front line in the northern Kyiv region. Reuters
  • A woman carries her dog during an evacuation in Irpin. Reuters
    A woman carries her dog during an evacuation in Irpin. Reuters
  • A Ukrainian woman takes shelter in a metro station during the day in Kyiv. EPA
    A Ukrainian woman takes shelter in a metro station during the day in Kyiv. EPA
  • A member of the Ukrainian armed forces on patrol in Irpin. Reuters
    A member of the Ukrainian armed forces on patrol in Irpin. Reuters
  • A Ukrainian fighter takes cover behind a car in the city of Irpin. AFP
    A Ukrainian fighter takes cover behind a car in the city of Irpin. AFP
  • Firefighters at work after air strikes hit residential buildings in Chernihiv, northern Ukraine. AFP
    Firefighters at work after air strikes hit residential buildings in Chernihiv, northern Ukraine. AFP
  • A man wounded in an air strike is helped by medical staff in Novoiavorivsk, western Ukraine. Getty
    A man wounded in an air strike is helped by medical staff in Novoiavorivsk, western Ukraine. Getty
  • The ruins of the Ukraine Hotel after recent shelling in Chernihiv. EPA
    The ruins of the Ukraine Hotel after recent shelling in Chernihiv. EPA

“Children are incredibly resilient and they can bounce back from so much, but they need help. And that’s why we’re scaling up rapidly across the region to make sure that more and more children get the emotional support they need to recover.”

Children in 'serious distress'

Plan International’s Global Lead for Child Protection Emergencies, Anita Queirazza, has been meeting refugees in Romania. She had similar concerns.

“Children have experienced serious distress, some of them have witnessed direct violence,” she said. “Others, even if they haven’t experienced direct violence, they have experienced disruptive changes in their family or in their community, they had to flee their home, they are separated from their families.

“Children may have a lot of questions at the moment, and they might have trouble sleeping at night, they might have nightmares so it’s really important that parents know how to support children at such a difficult time, as children might display different behavioural reactions,” says Ms Queirazza.

Plan International has sent urgent response teams to Moldova, Romania and Poland to begin understanding how to best support children by working with local organisations.

  • A girl holds her infant sibling at a temporary shelter for Ukrainian refugees in Przemysl, Poland. AFP
    A girl holds her infant sibling at a temporary shelter for Ukrainian refugees in Przemysl, Poland. AFP
  • Ukrainian refugees wait to board a train leaving Krakow, Poland, for Berlin. Getty
    Ukrainian refugees wait to board a train leaving Krakow, Poland, for Berlin. Getty
  • A Ukrainian girl is pushed in a trolley at the Velke Slemence border crossing in Slovakia. Getty
    A Ukrainian girl is pushed in a trolley at the Velke Slemence border crossing in Slovakia. Getty
  • Refugees waits for their train to leave Krakow on its way to Berlin. Getty
    Refugees waits for their train to leave Krakow on its way to Berlin. Getty
  • A Ukrainian woman emerges from a Red Cross tent at a border crossing in Slovakia. Getty
    A Ukrainian woman emerges from a Red Cross tent at a border crossing in Slovakia. Getty
  • A woman walks on the track of an athletics complex that has been turned into a refugee shelter in Chisinau, Moldova. AFP
    A woman walks on the track of an athletics complex that has been turned into a refugee shelter in Chisinau, Moldova. AFP
  • Medical staff visit Ukrainian child refugees at the Church of Saint Sofia in Rome, Italy. EPA
    Medical staff visit Ukrainian child refugees at the Church of Saint Sofia in Rome, Italy. EPA
  • A woman who fled the conflict stands with her child at a refugee centre in Palanca, Moldova. EPA
    A woman who fled the conflict stands with her child at a refugee centre in Palanca, Moldova. EPA
  • People, some who fled Ukraine, line up at a ticket counter at a train station in Warsaw, Poland. AP
    People, some who fled Ukraine, line up at a ticket counter at a train station in Warsaw, Poland. AP
  • Refugees wait for transport In Medyka, Poland, after crossing the Ukrainian border. AFP
    Refugees wait for transport In Medyka, Poland, after crossing the Ukrainian border. AFP

Refugees 'traumatised and unsure'

Caritas Poland, the largest charity in the country, said the “fastest-growing group” of people fleeing were those who had stayed in Ukraine “until they really had no choice but to run”.

“People who evacuated in a matter of minutes,” said Natasza Bogacz of the charity. “And they very often have no onward destination, nowhere to go. This seems to be the fastest-growing group. It’s hard because we don't really know what's going to happen to them, especially the older people. Many of them are very vulnerable and weak, but also they're often in a very bad psychological state. Many of them have never been outside Ukraine before. They don't understand why this is happening.”

Tatiana Sorocan, country director at HelpAge Moldova, a partner of Age International, said older refugees were struggling with “chaos and uncertainty” with their needs changing daily.

“They are traumatised and unsure about their future, or their next moves,” she said. “We are working hard to give them a sense of stability, while looking after their basic needs. Our primary focus is to ensure that they and those they are travelling with have enough cash to be able to buy essentials like food, medication, or warm clothes to protect them against the harsh conditions.

“Many of the older people we are meeting are travelling with children. This caregiver role is crucial to the stability of refugee families and means that they need money and aid to support younger members of their family too.”

Age International is working inside Ukraine through local partners and in neighbouring countries to support older people. It is providing emergency food and water kits, medical, hygiene and dignity kits.

The DEC Ukraine Humanitarian Appeal has raised £175 million to help people fleeing the conflict both inside Ukraine and on its borders, including £25 million matched by the UK government.

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

How being social media savvy can improve your well being

Next time when procastinating online remember that you can save thousands on paying for a personal trainer and a gym membership simply by watching YouTube videos and keeping up with the latest health tips and trends.

As social media apps are becoming more and more consumed by health experts and nutritionists who are using it to awareness and encourage patients to engage in physical activity.

Elizabeth Watson, a personal trainer from Stay Fit gym in Abu Dhabi suggests that “individuals can use social media as a means of keeping fit, there are a lot of great exercises you can do and train from experts at home just by watching videos on YouTube”.

Norlyn Torrena, a clinical nutritionist from Burjeel Hospital advises her clients to be more technologically active “most of my clients are so engaged with their phones that I advise them to download applications that offer health related services”.

Torrena said that “most people believe that dieting and keeping fit is boring”.

However, by using social media apps keeping fit means that people are “modern and are kept up to date with the latest heath tips and trends”.

“It can be a guide to a healthy lifestyle and exercise if used in the correct way, so I really encourage my clients to download health applications” said Mrs Torrena.

People can also connect with each other and exchange “tips and notes, it’s extremely healthy and fun”.

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Generation Start-up: Awok company profile

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Sector: e-commerce

Size: 600 plus

Stage: still in talks with VCs

Principal Investors: self-financed by founder

Iran's dirty tricks to dodge sanctions

There’s increased scrutiny on the tricks being used to keep commodities flowing to and from blacklisted countries. Here’s a description of how some work.

1 Going Dark

A common method to transport Iranian oil with stealth is to turn off the Automatic Identification System, an electronic device that pinpoints a ship’s location. Known as going dark, a vessel flicks the switch before berthing and typically reappears days later, masking the location of its load or discharge port.

2. Ship-to-Ship Transfers

A first vessel will take its clandestine cargo away from the country in question before transferring it to a waiting ship, all of this happening out of sight. The vessels will then sail in different directions. For about a third of Iranian exports, more than one tanker typically handles a load before it’s delivered to its final destination, analysts say.

3. Fake Destinations

Signaling the wrong destination to load or unload is another technique. Ships that intend to take cargo from Iran may indicate their loading ports in sanction-free places like Iraq. Ships can keep changing their destinations and end up not berthing at any of them.

4. Rebranded Barrels

Iranian barrels can also be rebranded as oil from a nation free from sanctions such as Iraq. The countries share fields along their border and the crude has similar characteristics. Oil from these deposits can be trucked out to another port and documents forged to hide Iran as the origin.

* Bloomberg

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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.”

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A MINECRAFT MOVIE

Director: Jared Hess

Starring: Jack Black, Jennifer Coolidge, Jason Momoa

Rating: 3/5

Tightening the screw on rogue recruiters

The UAE overhauled the procedure to recruit housemaids and domestic workers with a law in 2017 to protect low-income labour from being exploited.

 Only recruitment companies authorised by the government are permitted as part of Tadbeer, a network of labour ministry-regulated centres.

A contract must be drawn up for domestic workers, the wages and job offer clearly stating the nature of work.

The contract stating the wages, work entailed and accommodation must be sent to the employee in their home country before they depart for the UAE.

The contract will be signed by the employer and employee when the domestic worker arrives in the UAE.

Only recruitment agencies registered with the ministry can undertake recruitment and employment applications for domestic workers.

Penalties for illegal recruitment in the UAE include fines of up to Dh100,000 and imprisonment

But agents not authorised by the government sidestep the law by illegally getting women into the country on visit visas.

DSC Eagles 23 Dubai Hurricanes 36

Eagles
Tries: Bright, O’Driscoll
Cons: Carey 2
Pens: Carey 3

Hurricanes
Tries: Knight 2, Lewis, Finck, Powell, Perry
Cons: Powell 3

Know your Camel lingo

The bairaq is a competition for the best herd of 50 camels, named for the banner its winner takes home

Namoos - a word of congratulations reserved for falconry competitions, camel races and camel pageants. It best translates as 'the pride of victory' - and for competitors, it is priceless

Asayel camels - sleek, short-haired hound-like racers

Majahim - chocolate-brown camels that can grow to weigh two tonnes. They were only valued for milk until camel pageantry took off in the 1990s

Millions Street - the thoroughfare where camels are led and where white 4x4s throng throughout the festival

How to help

Send “thenational” to the following numbers or call the hotline on: 0502955999
2289 – Dh10
2252 – Dh 50
6025 – Dh20
6027 – Dh 100
6026 – Dh 200

%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
Disturbing%20facts%20and%20figures
%3Cp%3E%3Cstrong%3E51%25%3C%2Fstrong%3E%20of%20parents%20in%20the%20UAE%20feel%20like%20they%20are%20failing%20within%20the%20first%20year%20of%20parenthood%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E57%25%20vs%2043%25%3C%2Fstrong%3E%20is%20the%20number%20of%20mothers%20versus%20the%20number%20of%20fathers%20who%20feel%20they%E2%80%99re%20failing%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E28%25%3C%2Fstrong%3E%20of%20parents%20believe%20social%20media%20adds%20to%20the%20pressure%20they%20feel%20to%20be%20perfect%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E55%25%3C%2Fstrong%3E%20of%20parents%20cannot%20relate%20to%20parenting%20images%20on%20social%20media%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E67%25%3C%2Fstrong%3E%20of%20parents%20wish%20there%20were%20more%20honest%20representations%20of%20parenting%20on%20social%20media%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E53%25%3C%2Fstrong%3E%20of%20parents%20admit%20they%20put%20on%20a%20brave%20face%20rather%20than%20being%20honest%20due%20to%20fear%20of%20judgment%3C%2Fp%3E%0A%3Cp%3E%3Cspan%20style%3D%22font-size%3A%2014px%3B%22%3ESource%3A%20YouGov%3C%2Fspan%3E%3C%2Fp%3E%0A

Coal Black Mornings

Brett Anderson

Little Brown Book Group 

Fanney Khan

Producer: T-Series, Anil Kapoor Productions, ROMP, Prerna Arora

Director: Atul Manjrekar

Cast: Anil Kapoor, Aishwarya Rai, Rajkummar Rao, Pihu Sand

Rating: 2/5 

Student Of The Year 2

Director: Punit Malhotra

Stars: Tiger Shroff, Tara Sutaria, Ananya Pandey, Aditya Seal 

1.5 stars

How to help

Send “thenational” to the following numbers or call the hotline on: 0502955999
2289 – Dh10
2252 – Dh 50
6025 – Dh20
6027 – Dh 100
6026 – Dh 200

Director: Laxman Utekar

Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna

Rating: 1/5

War 2

Director: Ayan Mukerji

Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana

Rating: 2/5

Western Region Asia Cup T20 Qualifier

Sun Feb 23 – Thu Feb 27, Al Amerat, Oman

The two finalists advance to the Asia qualifier in Malaysia in August

 

Group A

Bahrain, Maldives, Oman, Qatar

 

Group B

UAE, Iran, Kuwait, Saudi Arabia

Star%20Wars%3A%20Ahsoka%20
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Various%20%3Cbr%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Rosario%20Dawson%2C%20Natasha%20Liu%20Bordizzo%2C%20Lars%20Mikkelsen%20%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%0D%3Cbr%3E%3C%2Fp%3E%0A
'The Woman in the House Across the Street from the Girl in the Window'

Director:Michael Lehmann

Stars:Kristen Bell

Rating: 1/5

Updated: March 15, 2022, 3:21 PM