Russian troops fire a rocket launcher during fighting in Mariupol, Ukraine. Britain has imposed another series of sanctions on Russian people and groups. Reuters
Russian troops fire a rocket launcher during fighting in Mariupol, Ukraine. Britain has imposed another series of sanctions on Russian people and groups. Reuters
Russian troops fire a rocket launcher during fighting in Mariupol, Ukraine. Britain has imposed another series of sanctions on Russian people and groups. Reuters
Russian troops fire a rocket launcher during fighting in Mariupol, Ukraine. Britain has imposed another series of sanctions on Russian people and groups. Reuters

UK bans Russian firms from using British accountants


Laura O'Callaghan
  • English
  • Arabic

The British government has escalated its efforts to cut the Russian economy off from outside resources by barring Moscow’s access to the UK’s management, consulting, accounting and PR services.

UK Foreign Secretary Liz Truss unveiled a further round of sanctions on Wednesday, this time on Russian businesses that rely on UK companies.

The announcement brings the number of Russian entities and people linked to President Vladimir Putin to be sanctioned by the UK since the invasion of Ukraine to more than 1,600. Russia last week imposed sanctions on 287 British MPs.

As the Russian war in Ukraine approaches the 10-week mark, No 10 Downing Street announced more sanctions to “hit those behind Putin’s vicious disinformation campaign” including state-controlled media outlets RT and Sputnik.

The UK government says Russia is “heavily reliant” on service companies in western countries, and cutting these off would account for 10 per cent of Russian imports in the sectors affected.

“Doing business with Putin’s regime is morally bankrupt and helps fund a war machine that is causing untold suffering across Ukraine,” Ms Truss said. “Cutting Russia’s access to British services will put more pressure on the Kremlin and ultimately help ensure Putin fails in Ukraine.”

  • Family members mourn at the graveside of soldier Yuri Varyanytsia during the burial of three soldiers in the Field of Mars at Lychakiv cemetery in Lviv, Ukraine. Getty Images
    Family members mourn at the graveside of soldier Yuri Varyanytsia during the burial of three soldiers in the Field of Mars at Lychakiv cemetery in Lviv, Ukraine. Getty Images
  • A pedestrian takes a picture as she walks past the wreckage of a Russian armoured vehicle outside the National Museum of Military History of Ukraine in Kyiv. AFP
    A pedestrian takes a picture as she walks past the wreckage of a Russian armoured vehicle outside the National Museum of Military History of Ukraine in Kyiv. AFP
  • A man rides his bicycle over a heavily damaged bridge near Pechenegi village in the Kharkiv region, amid the Russian invasion of Ukraine. AFP
    A man rides his bicycle over a heavily damaged bridge near Pechenegi village in the Kharkiv region, amid the Russian invasion of Ukraine. AFP
  • Pro-Russian troops fire from a tank near the Azovstal steel plant in Mariupol. Reuters
    Pro-Russian troops fire from a tank near the Azovstal steel plant in Mariupol. Reuters
  • Workers sew uniforms and material for flack jackets at a military clothing factory in Kryvyi Rih, Ukraine. Getty Images
    Workers sew uniforms and material for flack jackets at a military clothing factory in Kryvyi Rih, Ukraine. Getty Images
  • A dog provides company at a flat damaged by a missile attack in Kramatorsk, eastern Ukraine. AFP
    A dog provides company at a flat damaged by a missile attack in Kramatorsk, eastern Ukraine. AFP
  • Patron, a dog trained by Ukrainian forces to sniff out explosives, near Kyiv. EPA
    Patron, a dog trained by Ukrainian forces to sniff out explosives, near Kyiv. EPA
  • Lone skater Roman Kovalenko, 18, amid the damage at Peace Square in Kramatorsk, eastern Ukraine. All of his friends have fled. AFP
    Lone skater Roman Kovalenko, 18, amid the damage at Peace Square in Kramatorsk, eastern Ukraine. All of his friends have fled. AFP
  • A Ukrainian sapper carries unexploded materiel during demining works at an airport in the town of Hostomel, north-west of Kyiv. AFP
    A Ukrainian sapper carries unexploded materiel during demining works at an airport in the town of Hostomel, north-west of Kyiv. AFP
  • Shelling of the Azovstal steel plant complex in Mariupol. Reuters
    Shelling of the Azovstal steel plant complex in Mariupol. Reuters
  • Violinist Irene Duval rehearses before a fundraiser to support Ukrainians arriving in the UK, at the Ukrainian Catholic Cathedral in London. PA
    Violinist Irene Duval rehearses before a fundraiser to support Ukrainians arriving in the UK, at the Ukrainian Catholic Cathedral in London. PA
  • A serviceman stands guard at the destroyed Ukrainian Antonov An-225 'Mriya' cargo aircraft in Hostomel. AFP
    A serviceman stands guard at the destroyed Ukrainian Antonov An-225 'Mriya' cargo aircraft in Hostomel. AFP
  • Galina Malets falls to her knees before the funeral service for her brother, fallen soldier Igor Malets, 59, in Lviv. Getty
    Galina Malets falls to her knees before the funeral service for her brother, fallen soldier Igor Malets, 59, in Lviv. Getty
  • Explosions at the Azovstal steel plant in besieged Mariupol, where Ukrainian forces continue to hold out against Russian invaders. AFP
    Explosions at the Azovstal steel plant in besieged Mariupol, where Ukrainian forces continue to hold out against Russian invaders. AFP
  • A Ukrainian woman collects her belongings after her apartment was damaged by a missile explosion in Kramatorsk, eastern Ukraine. AFP
    A Ukrainian woman collects her belongings after her apartment was damaged by a missile explosion in Kramatorsk, eastern Ukraine. AFP
  • An apartment block damaged by a missile explosion in Kramatorsk, eastern Ukraine. AFP
    An apartment block damaged by a missile explosion in Kramatorsk, eastern Ukraine. AFP
  • Devastation around an apartment block hit by a missile in Kramatorsk, eastern Ukraine. AFP
    Devastation around an apartment block hit by a missile in Kramatorsk, eastern Ukraine. AFP
  • Ukrainian men at the site of a missile explosion in Kramatorsk, eastern Ukraine. AFP
    Ukrainian men at the site of a missile explosion in Kramatorsk, eastern Ukraine. AFP
  • An elderly refugee from Avdiivka, eastern Ukraine, at a lunch provided by church group Awakening in Pokrovsk. AFP
    An elderly refugee from Avdiivka, eastern Ukraine, at a lunch provided by church group Awakening in Pokrovsk. AFP
  • Natalia Rudneva, 59, was injured in overnight shelling in Kramatorsk, Ukraine, that put her son in hospital. AP
    Natalia Rudneva, 59, was injured in overnight shelling in Kramatorsk, Ukraine, that put her son in hospital. AP
  • Shocked occupants of an apartment building in Kramatorsk, Donbas, that was destroyed by overnight shelling . AP
    Shocked occupants of an apartment building in Kramatorsk, Donbas, that was destroyed by overnight shelling . AP
  • A man outside his house in Mariupol, in territory under the government of the so-called Donetsk People's Republic, eastern Ukraine. The sign reads 'Bomb shelter, children'. AP
    A man outside his house in Mariupol, in territory under the government of the so-called Donetsk People's Republic, eastern Ukraine. The sign reads 'Bomb shelter, children'. AP
  • A woman passes Donetsk People's Republic militia tanks in Mariupol, eastern Ukraine. AP
    A woman passes Donetsk People's Republic militia tanks in Mariupol, eastern Ukraine. AP
  • A refugee camp outside Mariupol, in territory controlled by the government of the so-called Donetsk People's Republic. AP
    A refugee camp outside Mariupol, in territory controlled by the government of the so-called Donetsk People's Republic. AP
  • The damaged St Godmothers Cover Church next to a bullet-riddled Ukrainian flag in Malyn, Ukraine. Getty Images
    The damaged St Godmothers Cover Church next to a bullet-riddled Ukrainian flag in Malyn, Ukraine. Getty Images
  • St Godmothers Cover Church, in Malyn, Ukraine. Getty Images
    St Godmothers Cover Church, in Malyn, Ukraine. Getty Images
  • The ruins of an apartment building in Borodianka, Ukraine. Getty Images
    The ruins of an apartment building in Borodianka, Ukraine. Getty Images
  • Firefighters from the self-declared Donetsk People Republic Emergency Situations Ministry battle a blaze at an oil depot after missiles struck the facility in an area controlled by Russian-backed separatist forces in Makiivka, 15 kilometres east of Donetsk, eastern Ukraine. AP
    Firefighters from the self-declared Donetsk People Republic Emergency Situations Ministry battle a blaze at an oil depot after missiles struck the facility in an area controlled by Russian-backed separatist forces in Makiivka, 15 kilometres east of Donetsk, eastern Ukraine. AP
  • People wait for Ukrainian President Volodymyr Zelenskyy to begin a speech televised on a screen in City Hall Square in Copenhagen, Denmark. Reuters
    People wait for Ukrainian President Volodymyr Zelenskyy to begin a speech televised on a screen in City Hall Square in Copenhagen, Denmark. Reuters
  • An aerial view of the destroyed Hotel Ukraine in the northern city of Chernigiv. AFP
    An aerial view of the destroyed Hotel Ukraine in the northern city of Chernigiv. AFP
  • A woman who recently lost her husband arrives with her dog at a charity centre in Pokrovsk, eastern Ukraine. AFP
    A woman who recently lost her husband arrives with her dog at a charity centre in Pokrovsk, eastern Ukraine. AFP
  • A family of Ukrainian evacuees near a donation collection point in Zaporizhzhia, Ukraine. Reuters
    A family of Ukrainian evacuees near a donation collection point in Zaporizhzhia, Ukraine. Reuters
  • The ruins of a residential building in the northern Ukrainian city of Chernigiv, which was heavily damaged during the Russian invasion. AFP
    The ruins of a residential building in the northern Ukrainian city of Chernigiv, which was heavily damaged during the Russian invasion. AFP
  • People pay their respects during the funeral for Ukrainian serviceman Ruslan Borovyk in St Michael's Cathedral in Kyiv. AP
    People pay their respects during the funeral for Ukrainian serviceman Ruslan Borovyk in St Michael's Cathedral in Kyiv. AP
  • Crew chiefs and engineers with the 158th Fighter Wing meet before launching F-35A Lightning II fifth-generation aircraft at the Vermont Air National Guard Base, South Burlington, US. More than 200 Vermont air guard personnel, plus equipment and eight F-35s, are now in Europe. AP
    Crew chiefs and engineers with the 158th Fighter Wing meet before launching F-35A Lightning II fifth-generation aircraft at the Vermont Air National Guard Base, South Burlington, US. More than 200 Vermont air guard personnel, plus equipment and eight F-35s, are now in Europe. AP
  • Svitlana, 36, holds her sons Artem, 7, and Kyrylo, 5, while sheltering in a kindergarten in Kryvyi Rih, Ukraine. Getty Images
    Svitlana, 36, holds her sons Artem, 7, and Kyrylo, 5, while sheltering in a kindergarten in Kryvyi Rih, Ukraine. Getty Images
  • Men report to enlist in Ukrainian Territorial Defence Force units in Kryvyi Rih, Ukraine. Getty Images
    Men report to enlist in Ukrainian Territorial Defence Force units in Kryvyi Rih, Ukraine. Getty Images
  • A burning oil storage unit on the outskirts of Donetsk, Ukraine. Reuters
    A burning oil storage unit on the outskirts of Donetsk, Ukraine. Reuters
  • Russian MiG-29SMT jet fighters, forming the symbol Z in support of Russian military action in Ukraine, fly over Red Square in Moscow during a rehearsal for the Second World War Victory Parade on May 9, 2022. AFP
    Russian MiG-29SMT jet fighters, forming the symbol Z in support of Russian military action in Ukraine, fly over Red Square in Moscow during a rehearsal for the Second World War Victory Parade on May 9, 2022. AFP
  • A warehouse after shelling in Severodonetsk, as fighting rages across Ukraine's east after a US warning that Moscow is preparing to formally annex eastern regions. AFP
    A warehouse after shelling in Severodonetsk, as fighting rages across Ukraine's east after a US warning that Moscow is preparing to formally annex eastern regions. AFP
  • Katya, 11, waits for her mother's treatment to end at the Severodonetsk Hospital in Severodonetsk. AFP
    Katya, 11, waits for her mother's treatment to end at the Severodonetsk Hospital in Severodonetsk. AFP
  • Antonina, 60, at a funeral home where she works and now lives with neighbours in Severodonetsk. AFP
    Antonina, 60, at a funeral home where she works and now lives with neighbours in Severodonetsk. AFP
  • A Russian serviceman patrols a street near the sea port of Berdyansk, Ukraine. AFP
    A Russian serviceman patrols a street near the sea port of Berdyansk, Ukraine. AFP
  • A woman during the rally in front of Ukraine President Volodymyr Zelenskyy's office in Kyiv. AFP
    A woman during the rally in front of Ukraine President Volodymyr Zelenskyy's office in Kyiv. AFP
  • Svitlana Karpenko, 53, at what is left of her house in Sloboda, Chernihiv region, Ukraine. She said it was destroyed by shelling. Reuters
    Svitlana Karpenko, 53, at what is left of her house in Sloboda, Chernihiv region, Ukraine. She said it was destroyed by shelling. Reuters
  • The turret from a destroyed Russian tank stuck in the ground in Zalissia, Kyiv region, Ukraine. Reuters
    The turret from a destroyed Russian tank stuck in the ground in Zalissia, Kyiv region, Ukraine. Reuters
  • Lyubov Lenko, 61, in front of her house in Budy, Chernihiv region, Ukraine, that she says was destroyed by shelling. Reuters
    Lyubov Lenko, 61, in front of her house in Budy, Chernihiv region, Ukraine, that she says was destroyed by shelling. Reuters
  • Nina Stefuryak, 2, playing in a park in front of a building destroyed by shelling in Borodianka, Kyiv region, Ukraine. Reuters
    Nina Stefuryak, 2, playing in a park in front of a building destroyed by shelling in Borodianka, Kyiv region, Ukraine. Reuters
  • Mealtime at a centre for displaced people in Zaporizhzhia. AP
    Mealtime at a centre for displaced people in Zaporizhzhia. AP
  • Volunteers assist a man after his arrival from Mariupol at a centre for displaced people in Zaporizhzhia. AP
    Volunteers assist a man after his arrival from Mariupol at a centre for displaced people in Zaporizhzhia. AP
  • People disembark a van to be registered by police after arriving in Zaporizhzhia. Getty Images
    People disembark a van to be registered by police after arriving in Zaporizhzhia. Getty Images
  • Firefighters damp down the ashes of a fire that destroyed a children's play area in Gorky Park in Kharkiv, Ukraine. EPA
    Firefighters damp down the ashes of a fire that destroyed a children's play area in Gorky Park in Kharkiv, Ukraine. EPA
  • A woman touches a piano as she inspects the damage in a classroom after shelling at Kharkiv National Kotlyarevsky University of Arts. EPA
    A woman touches a piano as she inspects the damage in a classroom after shelling at Kharkiv National Kotlyarevsky University of Arts. EPA
  • US President Joe Biden and Lockheed Martin chief executive Jim Taiclet with Javelin anti-tank missile assembly workers during a tour of a Lockheed Martin weapons factory in Troy, Alabama, US. Reuters
    US President Joe Biden and Lockheed Martin chief executive Jim Taiclet with Javelin anti-tank missile assembly workers during a tour of a Lockheed Martin weapons factory in Troy, Alabama, US. Reuters
  • Residents collect humanitarian aid in Borodyanka, Ukraine. Getty Images
    Residents collect humanitarian aid in Borodyanka, Ukraine. Getty Images

Business Secretary Kwasi Kwarteng said UK services were “extraordinarily valuable” to many nations and freezing Moscow out of the picture increases “economic pressure on the Kremlin to change course”.

Ms Truss revealed 63 new sanctions, including travel bans and asset freezes for people linked to Russian broadcasters and newspapers. They also include sanctions against mainstream media organisations.

Those who appear on the latest list include employees of Channel One, a major state-owned television channel in Russia, which had described the invasion of Ukraine as a “special military operation”.

The government has also imposed sanctions on war correspondents embedded with Russian forces in Ukraine, including: Evgeny Poddubny, who works for the All-Russia State Television and Radio Broadcasting Company; Alexander Kots, reporting for Russian daily tabloid Komsomolskaya Pravda; and Dmitry Steshin, a journalist and special correspondent for the same newspaper.

Organisations including All Russia State Television and Radio Broadcasting will also face sanctions.

Other media companies sanctioned include: InfoRos, a news agency spreading “destabilising disinformation about Ukraine”; SouthFront, a disinformation website; and the Strategic Culture Foundation, an online journal spreading disinformation about the invasion.

New legislation will, meanwhile, require social media companies to take action to block content from what the UK government says are two of Russia’s major sources of disinformation, RT and Sputnik.

"For too long RT and Sputnik have churned out dangerous nonsense dressed up as serious news to justify Putin’s invasion of Ukraine," said Chris Philp, the UK’s tech and digital economy minister.

“These outlets have already been booted off the airwaves in Britain and we've barred anyone from doing business with them. Now we’ve moved to pull the plug on their websites, social media accounts and apps to further stop the spread of their lies."

Britain’s Defence Minister Ben Wallace on Wednesday visited Finland to watch UK troops take part in a joint military exercise with their Finnish counterparts.

The defence ministers of Finland and Britain, Antti Kaikkonen (L) and Ben Wallace, attend a news conference after watching joint military exercises in Finland on Wednesday. Reuters
The defence ministers of Finland and Britain, Antti Kaikkonen (L) and Ben Wallace, attend a news conference after watching joint military exercises in Finland on Wednesday. Reuters

Speaking at a press conference alongside Antti Kaikkonen, Finland’s Defence Minister, he stressed the need for co-operation as Helsinki considers a bid for Nato membership.

Mr Kaikkonen said Moscow’s assault on Ukraine had “changed the attitudes of Finnish people and also the decision-makers here” when it came to potentially joining the transatlantic military alliance.

He said the Finnish Parliament was debating the issue, with the government “pretty close” to reaching a conclusion, which is expected in the coming weeks.

The Finnish defence minister acknowledged Russia’s opposition to any Nato expansions.

“Russia has said on the one hand it is Finland’s own decision [to join Nato], but on the other hand has also said that there would be some kind of reaction,” he told reporters. “Well, that is something which will be seen in the future if we decided to apply for the membership in Nato.”

Mr Wallace reiterated his Finnish counterpart’s comments on how quick the accession process may go if Finland wishes to join Nato, saying: “It’s really about the 30 [Nato members] and the speed of ratification”.

Nato Secretary General Jens Stoltenberg last week said if Finland and Sweden wanted to join the alliance, the accession process could “go very quickly”.

Sweden is also considering whether to request membership of Nato.

How to help

Donate towards food and a flight by transferring money to this registered charity's account.

Account name: Dar Al Ber Society

Account Number: 11 530 734

IBAN: AE 9805 000 000 000 11 530 734

Bank Name: Abu Dhabi Islamic Bank

To ensure that your contribution reaches these people, please send the copy of deposit/transfer receipt to: juhi.khan@daralber.ae

PROFILE OF INVYGO

Started: 2018

Founders: Eslam Hussein and Pulkit Ganjoo

Based: Dubai

Sector: Transport

Size: 9 employees

Investment: $1,275,000

Investors: Class 5 Global, Equitrust, Gulf Islamic Investments, Kairos K50 and William Zeqiri

Our legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

SWEET%20TOOTH
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MOUNTAINHEAD REVIEW

Starring: Ramy Youssef, Steve Carell, Jason Schwartzman

Director: Jesse Armstrong

Rating: 3.5/5

India cancels school-leaving examinations
5 of the most-popular Airbnb locations in Dubai

Bobby Grudziecki, chief operating officer of Frank Porter, identifies the five most popular areas in Dubai for those looking to make the most out of their properties and the rates owners can secure:

• Dubai Marina

The Marina and Jumeirah Beach Residence are popular locations, says Mr Grudziecki, due to their closeness to the beach, restaurants and hotels.

Frank Porter’s average Airbnb rent:
One bedroom: Dh482 to Dh739 
Two bedroom: Dh627 to Dh960 
Three bedroom: Dh721 to Dh1,104

• Downtown

Within walking distance of the Dubai Mall, Burj Khalifa and the famous fountains, this location combines business and leisure.  “Sure it’s for tourists,” says Mr Grudziecki. “Though Downtown [still caters to business people] because it’s close to Dubai International Financial Centre."

Frank Porter’s average Airbnb rent:
One bedroom: Dh497 to Dh772
Two bedroom: Dh646 to Dh1,003
Three bedroom: Dh743 to Dh1,154

• City Walk

The rising star of the Dubai property market, this area is lined with pristine sidewalks, boutiques and cafes and close to the new entertainment venue Coca Cola Arena.  “Downtown and Marina are pretty much the same prices,” Mr Grudziecki says, “but City Walk is higher.”

Frank Porter’s average Airbnb rent:
One bedroom: Dh524 to Dh809 
Two bedroom: Dh682 to Dh1,052 
Three bedroom: Dh784 to Dh1,210 

• Jumeirah Lake Towers

Dubai Marina’s little brother JLT resides on the other side of Sheikh Zayed road but is still close enough to beachside outlets and attractions. The big selling point for Airbnb renters, however, is that “it’s cheaper than Dubai Marina”, Mr Grudziecki says.

Frank Porter’s average Airbnb rent:
One bedroom: Dh422 to Dh629 
Two bedroom: Dh549 to Dh818 
Three bedroom: Dh631 to Dh941

• Palm Jumeirah

Palm Jumeirah's proximity to luxury resorts is attractive, especially for big families, says Mr Grudziecki, as Airbnb renters can secure competitive rates on one of the world’s most famous tourist destinations.

Frank Porter’s average Airbnb rent:
One bedroom: Dh503 to Dh770 
Two bedroom: Dh654 to Dh1,002 
Three bedroom: Dh752 to Dh1,152 

Who has lived at The Bishops Avenue?
  • George Sainsbury of the supermarket dynasty, sugar magnate William Park Lyle and actress Dame Gracie Fields were residents in the 1930s when the street was only known as ‘Millionaires’ Row’.
  • Then came the international super rich, including the last king of Greece, Constantine II, the Sultan of Brunei and Indian steel magnate Lakshmi Mittal who was at one point ranked the third richest person in the world.
  • Turkish tycoon Halis Torprak sold his mansion for £50m in 2008 after spending just two days there. The House of Saud sold 10 properties on the road in 2013 for almost £80m.
  • Other residents have included Iraqi businessman Nemir Kirdar, singer Ariana Grande, holiday camp impresario Sir Billy Butlin, businessman Asil Nadir, Paul McCartney’s former wife Heather Mills. 
Hunting park to luxury living
  • Land was originally the Bishop of London's hunting park, hence the name
  • The road was laid out in the mid 19th Century, meandering through woodland and farmland
  • Its earliest houses at the turn of the 20th Century were substantial detached properties with extensive grounds

 

Winners

Ballon d’Or (Men’s)
Ousmane Dembélé (Paris Saint-Germain / France)

Ballon d’Or Féminin (Women’s)
Aitana Bonmatí (Barcelona / Spain)

Kopa Trophy (Best player under 21 – Men’s)
Lamine Yamal (Barcelona / Spain)

Best Young Women’s Player
Vicky López (Barcelona / Spain)

Yashin Trophy (Best Goalkeeper – Men’s)
Gianluigi Donnarumma (Paris Saint-Germain and Manchester City / Italy)

Best Women’s Goalkeeper
Hannah Hampton (England / Aston Villa and Chelsea)

Men’s Coach of the Year
Luis Enrique (Paris Saint-Germain)

Women’s Coach of the Year
Sarina Wiegman (England)

Fifa%20World%20Cup%20Qatar%202022%20
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INFO

What: DP World Tour Championship
When: November 21-24
Where: Jumeirah Golf Estates, Dubai
Tickets: www.ticketmaster.ae.

The biog

Hobbies: Salsa dancing “It's in my blood” and listening to music in different languages

Favourite place to travel to: “Thailand, as it's gorgeous, food is delicious, their massages are to die for!”  

Favourite food: “I'm a vegetarian, so I can't get enough of salad.”

Favourite film:  “I love watching documentaries, and am fascinated by nature, animals, human anatomy. I love watching to learn!”

Best spot in the UAE: “I fell in love with Fujairah and anywhere outside the big cities, where I can get some peace and get a break from the busy lifestyle”

What is dialysis?

Dialysis is a way of cleaning your blood when your kidneys fail and can no longer do the job.

It gets rid of your body's wastes, extra salt and water, and helps to control your blood pressure. The main cause of kidney failure is diabetes and hypertension.

There are two kinds of dialysis — haemodialysis and peritoneal.

In haemodialysis, blood is pumped out of your body to an artificial kidney machine that filter your blood and returns it to your body by tubes.

In peritoneal dialysis, the inside lining of your own belly acts as a natural filter. Wastes are taken out by means of a cleansing fluid which is washed in and out of your belly in cycles.

It isn’t an option for everyone but if eligible, can be done at home by the patient or caregiver. This, as opposed to home haemodialysis, is covered by insurance in the UAE.

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The specs

Engine: 2.0-litre 4-cylinder turbo

Power: 240hp at 5,500rpm

Torque: 390Nm at 3,000rpm

Transmission: eight-speed auto

Price: from Dh122,745

On sale: now

The%20specs
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What can you do?

Document everything immediately; including dates, times, locations and witnesses

Seek professional advice from a legal expert

You can report an incident to HR or an immediate supervisor

You can use the Ministry of Human Resources and Emiratisation’s dedicated hotline

In criminal cases, you can contact the police for additional support

What are the influencer academy modules?
  1. Mastery of audio-visual content creation. 
  2. Cinematography, shots and movement.
  3. All aspects of post-production.
  4. Emerging technologies and VFX with AI and CGI.
  5. Understanding of marketing objectives and audience engagement.
  6. Tourism industry knowledge.
  7. Professional ethics.
COMPANY%20PROFILE
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HIJRA

Starring: Lamar Faden, Khairiah Nathmy, Nawaf Al-Dhufairy

Director: Shahad Ameen

Rating: 3/5

Shubh Mangal Saavdhan
Directed by: RS Prasanna
Starring: Ayushmann Khurrana, Bhumi Pednekar

While you're here
Profile of Tarabut Gateway

Founder: Abdulla Almoayed

Based: UAE

Founded: 2017

Number of employees: 35

Sector: FinTech

Raised: $13 million

Backers: Berlin-based venture capital company Target Global, Kingsway, CE Ventures, Entrée Capital, Zamil Investment Group, Global Ventures, Almoayed Technologies and Mad’a Investment.

COMPANY%20PROFILE
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The Great Derangement: Climate Change and the Unthinkable
Amitav Ghosh, University of Chicago Press

What are NFTs?

Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.

You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”

However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.

This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”

This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.

RESULTS

5pm: Maiden (PA) Dh80,000 1,200m
Winner: Ferdous, Szczepan Mazur (jockey), Ibrahim Al Hadhrami (trainer)
5.30pm: Arabian Triple Crown Round-3 Group 3 (PA) Dh300,000 2,400m
Winner: Basmah, Fabrice Veron, Eric Lemartinel
6pm: UAE Arabian Derby Prestige (PA) Dh150,000 2,200m
Winner: Ihtesham, Szczepan Mazur, Ibrahim Al Hadhrami
6.30pm: Emirates Championship Group 1 (PA) Dh1,000,000 2,200m
Winner: Somoud, Patrick Cosgrave, Ahmed Al Mehairbi
7pm: Abu Dhabi Championship Group 3 (TB) Dh380,000 2,200m
Winner: GM Hopkins, Patrick Cosgrave, Jaber Ramadhan
7.30pm: Wathba Stallions Cup Conditions (PA) Dh70,000 1,600m
Winner: AF Al Bairaq, Tadhg O’Shea, Ernst Oertel

RESULT

Bayern Munich 0 AC Milan 4
Milan: Kessie (14'), Cutrone (25', 43'), Calhanoglu (85')

How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.

First Person
Richard Flanagan
Chatto & Windus 

Pari

Produced by: Clean Slate Films (Anushka Sharma, Karnesh Sharma) & KriArj Entertainment

Director: Prosit Roy

Starring: Anushka Sharma, Parambrata Chattopadhyay, Ritabhari Chakraborty, Rajat Kapoor, Mansi Multani

Three stars

The specs: 2019 Infiniti QX50

Price, base: Dh138,000 (estimate)
Engine: 2.0L, turbocharged, in-line four-cylinder
Transmission: Continuously variable transmission
Power: 268hp @ 5,600rpm
Torque: 380Nm @ 4,400rpm
Fuel economy: 6.7L / 100km (estimate)

Crops that could be introduced to the UAE

1: Quinoa 

2. Bathua 

3. Amaranth 

4. Pearl and finger millet 

5. Sorghum

ESSENTIALS

The flights

Emirates flies direct from Dubai to Rio de Janeiro from Dh7,000 return including taxes. Avianca fliles from Rio to Cusco via Lima from $399 (Dhxx) return including taxes. 

The trip

From US$1,830 per deluxe cabin, twin share, for the one-night Spirit of the Water itinerary and US$4,630 per deluxe cabin for the Peruvian Highlands itinerary, inclusive of meals, and beverages. Surcharges apply for some excursions.

The specs

Engine: 2.0-litre 4-cyl, 48V hybrid

Transmission: eight-speed automatic

Power: 325bhp

Torque: 450Nm

Price: Dh359,000

On sale: now 

The biog

Favourite book: Animal Farm by George Orwell

Favourite music: Classical

Hobbies: Reading and writing

 

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.

Dark Souls: Remastered
Developer: From Software (remaster by QLOC)
Publisher: Namco Bandai
Price: Dh199

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.”

TECH%20SPECS%3A%20APPLE%20WATCH%20SERIES%208
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Updated: May 04, 2022, 3:24 PM