King Charles has waited decades to become monarch and is the longest-serving heir in UK history. Getty Images
King Charles has waited decades to become monarch and is the longest-serving heir in UK history. Getty Images
King Charles has waited decades to become monarch and is the longest-serving heir in UK history. Getty Images
King Charles has waited decades to become monarch and is the longest-serving heir in UK history. Getty Images

King Charles III will accede to the throne on Saturday


Gillian Duncan
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Queen Elizabeth II dies - follow the latest news as the world mourns

King Charles III is to formally accede to the role of monarch at a meeting of the accession council at St James's Palace in London on Saturday.

The new monarch will be known as King Charles III of the UK and 14 other realms, officials confirmed, hours after Queen Elizabeth II died on Thursday, setting in motion his own period on the throne.

The accession council assembles to formally proclaim the accession of the successor to the throne. During the council, the monarch swears a sacred oath to the assembled "Lords Spiritual and Temporal of this Realm", declaring their Protestant faith, undertaking to maintain a Protestant succession, and promising to protect the Church of Scotland.

His wife will be known as the queen consort and Queen Camilla, fulfilling a wish made earlier this year by Queen Elizabeth on the 70th anniversary of her reign.

First in line to the throne

As first in line to the throne, the 73-year-old new British monarch has spent his whole life preparing for the role. He is the oldest British monarch to ascend to the throne.

“The death of my beloved mother, her majesty the queen, is a moment of the greatest sadness for me and all members of my family,” he said in statement.

“We mourn profoundly the passing of a cherished sovereign and a much-loved mother.”

The task to prepare him for his future role fell to his father, Prince Philip, the Greek-born consort and husband of Queen Elizabeth, who died two months short of his 100th birthday in 2021.

Michel Faure, author of Charles, King of England, published last year, said that Prince Philip had doubts about his son's fitness to reign. But he has shown signs of having overcome them.

With the queen concentrating on “taking care of the kingdom”, it fell to the duke to raise the royal children. Mr Faure said Prince Philip wanted to make his eldest son into a man.

Mr Faure says that, in many ways, the pressure paid off.

“As he got older, Charles began riding, took up the sports his father played, followed him into the Royal Navy,” he said.

“He began to trust himself and also earned some confidence from his father.”

Queen Elizabeth II with her son and heir, the Prince of Wales, during the platinum jubilee celebrations. AFP
Queen Elizabeth II with her son and heir, the Prince of Wales, during the platinum jubilee celebrations. AFP

Queen Camilla

Queen Elizabeth previously had a difficult relationship with Camilla, whom she used to call “that wicked woman”, biographer Tom Bower said.

She refused to attend Prince Charles and Camilla's civil ceremony in 2005 and it is said she did not to speak to her new daughter-in-law at the afternoon reception.

Much of the bad feeling came from Camilla's role in the breakdown of Prince Charles's marriage to Diana, Princess of Wales.

Biographer Sally Bedell Smith previously revealed the queen's fears over the divorce between her son and Diana but characteristically, it was not a topic that was much discussed in the monarch's close circles.

  • Prince Charles dances with a woman at a social function held in his honour during a royal tour of Fiji in 1974. Here, 'The National' looks back at the Prince of Wales's tours through the years. All photos: Getty Images
    Prince Charles dances with a woman at a social function held in his honour during a royal tour of Fiji in 1974. Here, 'The National' looks back at the Prince of Wales's tours through the years. All photos: Getty Images
  • Prince Charles and Princess Diana at Caernarvon Castle during an official tour of Wales in 1981.
    Prince Charles and Princess Diana at Caernarvon Castle during an official tour of Wales in 1981.
  • Princess Diana and Prince Charles visit Yandina Ginger Factory in Queensland, Australia, during the royal tour of Australia in 1983.
    Princess Diana and Prince Charles visit Yandina Ginger Factory in Queensland, Australia, during the royal tour of Australia in 1983.
  • Prince Charles during his tour of Borobudur Temple, East Java, Indonesia, in 1989.
    Prince Charles during his tour of Borobudur Temple, East Java, Indonesia, in 1989.
  • Prince Charles explores Sultan Kala, an ancient city in Merv, Turkmenistan, in 1996.
    Prince Charles explores Sultan Kala, an ancient city in Merv, Turkmenistan, in 1996.
  • Camilla, Duchess of Cornwall, and Prince Charles visit Artiya village in Delhi, India, in 2006.
    Camilla, Duchess of Cornwall, and Prince Charles visit Artiya village in Delhi, India, in 2006.
  • Prince Charles joins samba dancers as they perform during his tour of the Marie Complexo Favela in 2009 in Rio de Janeiro, Brazil.
    Prince Charles joins samba dancers as they perform during his tour of the Marie Complexo Favela in 2009 in Rio de Janeiro, Brazil.
  • Prince Charles and Camilla hold koalas at Government House in Adelaide, Australia, in 2012.
    Prince Charles and Camilla hold koalas at Government House in Adelaide, Australia, in 2012.
  • Prince Charles attends a walking tour of Cano Cristales in La Macarena, Colombia, in 2014.
    Prince Charles attends a walking tour of Cano Cristales in La Macarena, Colombia, in 2014.
  • Prince Charles is greeted with a hongi during a 'Tea with Taranaki' event at Brooklands Park, New Zealand, in 2015.
    Prince Charles is greeted with a hongi during a 'Tea with Taranaki' event at Brooklands Park, New Zealand, in 2015.
  • Prince Charles tours the Kovilj Monastery grounds with the abbot of the monastery, Father Isihije Hesychios, in Kovilj, Serbia, in 2016.
    Prince Charles tours the Kovilj Monastery grounds with the abbot of the monastery, Father Isihije Hesychios, in Kovilj, Serbia, in 2016.
  • Prince Charles and Camilla smile during a visit to Sheikh Zayed Grand Mosque in Abu Dhabi on the first day of a royal tour of the UAE in 2016.
    Prince Charles and Camilla smile during a visit to Sheikh Zayed Grand Mosque in Abu Dhabi on the first day of a royal tour of the UAE in 2016.
  • Prince Charles during a visit to the Tubil Bay regeneration project in Bahrain in 2016.
    Prince Charles during a visit to the Tubil Bay regeneration project in Bahrain in 2016.
  • Prince Charles dances with Romanian dancers at a village museum in Bucharest, Romania, in 2017.
    Prince Charles dances with Romanian dancers at a village museum in Bucharest, Romania, in 2017.
  • Prince Charles and Camilla on a walking tour of Umm Qais, Jordan, in 2021.
    Prince Charles and Camilla on a walking tour of Umm Qais, Jordan, in 2021.
  • Prince Charles and Camilla pose in front of the Great Sphinx of Giza in Egypt in 2021.
    Prince Charles and Camilla pose in front of the Great Sphinx of Giza in Egypt in 2021.

The American author and historian said the queen had devoted friends “in her own little bubble and own little world” but, while they would avail themselves of her guidance, it was not something she sought in “a different kind of friendship”.

“She tries to be amusing and she gives them very good advice, although they are very careful about not being presumptuous and calling upon her for that,” Bedell Smith said.

“She is very interested in their families and what is going on. But there is a kind of a scrim in front of her.

“They dare not really ask her about her personal feelings and personal life. She keeps a lot of that to herself.”

Bower said the queen had opposed the prince's long-time mistress from the beginning.

For years, she struggled with his adultery and could not forgive Camilla for not leaving her son alone to repair his marriage.

  • Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, watches as calligrapher Mohamed Mandi writes Prince Charles’s name at the launch of the UK-UAE Year of Cultural Collaboration at Al Jahili Fort in Al Ain. Ryan Carter / Crown Prince Court - Abu Dhabi
    Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, watches as calligrapher Mohamed Mandi writes Prince Charles’s name at the launch of the UK-UAE Year of Cultural Collaboration at Al Jahili Fort in Al Ain. Ryan Carter / Crown Prince Court - Abu Dhabi
  • Students from the Centre for Musical Arts perform at the launch along with violinist Anna Smith and cellist Michael Atkinson, from the BBC Symphony Orchestra. Ryan Carter / Crown Prince Court - Abu Dhabi
    Students from the Centre for Musical Arts perform at the launch along with violinist Anna Smith and cellist Michael Atkinson, from the BBC Symphony Orchestra. Ryan Carter / Crown Prince Court - Abu Dhabi
  • Sheikh Mohamed bin Zayed speaks with Prince Charles during the launch of the UK-UAE Year of Cultural Collaboration. Ryan Carter / Crown Prince Court - Abu Dhabi
    Sheikh Mohamed bin Zayed speaks with Prince Charles during the launch of the UK-UAE Year of Cultural Collaboration. Ryan Carter / Crown Prince Court - Abu Dhabi
  • Britain’s Prince Charles with Dr Sultan Al Jaber, Chairman of Masdar, on a visit to Masdar City. He was given a guided tour of the Masdar Institute of Science and Technology before meeting its students. Reuters
    Britain’s Prince Charles with Dr Sultan Al Jaber, Chairman of Masdar, on a visit to Masdar City. He was given a guided tour of the Masdar Institute of Science and Technology before meeting its students. Reuters
  • Prince Charles visits the Bu Tinah archipelago. The sanctuary for endangered species such as the dugong and hawksbill turtle, and a UN-recognised heritage site is located about 150 km from Abu Dhabi. AP Photo.
    Prince Charles visits the Bu Tinah archipelago. The sanctuary for endangered species such as the dugong and hawksbill turtle, and a UN-recognised heritage site is located about 150 km from Abu Dhabi. AP Photo.
  • Prince Charles at the Bu Tinah archipelago with Dr Shakha Salem al Dhahen, Director of Marine Biodiversity. Prince Charles and Camilla are on a Royal tour of the Middle East starting with Oman, then the UAE and finally Bahrain. Getty Images
    Prince Charles at the Bu Tinah archipelago with Dr Shakha Salem al Dhahen, Director of Marine Biodiversity. Prince Charles and Camilla are on a Royal tour of the Middle East starting with Oman, then the UAE and finally Bahrain. Getty Images
  • Camilla visited the Abu Dhabi Falcon Hospital on the second day of her UAE tour with Prince Charles. Getty Images
    Camilla visited the Abu Dhabi Falcon Hospital on the second day of her UAE tour with Prince Charles. Getty Images
  • Dr Sultan Al Jaber, Chairman of Masdar, and Shamma Al Mazrui, Minister of State for Youth Affairs, welcome Britain’s Prince Charles to Masdar City in Abu Dhabi as part of the royal’s state visit to the country. Reuters
    Dr Sultan Al Jaber, Chairman of Masdar, and Shamma Al Mazrui, Minister of State for Youth Affairs, welcome Britain’s Prince Charles to Masdar City in Abu Dhabi as part of the royal’s state visit to the country. Reuters
  • Camilla is shown a sedated falcon at the Abu Dhabi Falcon Hospital. Chris Jackson/Getty Images
    Camilla is shown a sedated falcon at the Abu Dhabi Falcon Hospital. Chris Jackson/Getty Images
  • Prince Charles on a tour of Masdar City. AP Photo
    Prince Charles on a tour of Masdar City. AP Photo
  • Camilla met a group of prominent UAE women at a Women’s Empowerment Lunch, where she was greeted by Dr Noura Al Kaabi, Minister of State for Federal National Council Affairs. The duchess met senior government officials, business leaders and Armed Forces officers during the event. With Camilla are Dr Noura Al Kaabi, front row fourth right, Najla Al Awar, Minister of Community Development, front row sixth right, Dr Maha Tayseer Barakat, Director General of the Health Authority – Abu Dhabi (Haad), back row second left, among others. Sharina Lootah / Crown Prince Court - Abu Dhabi
    Camilla met a group of prominent UAE women at a Women’s Empowerment Lunch, where she was greeted by Dr Noura Al Kaabi, Minister of State for Federal National Council Affairs. The duchess met senior government officials, business leaders and Armed Forces officers during the event. With Camilla are Dr Noura Al Kaabi, front row fourth right, Najla Al Awar, Minister of Community Development, front row sixth right, Dr Maha Tayseer Barakat, Director General of the Health Authority – Abu Dhabi (Haad), back row second left, among others. Sharina Lootah / Crown Prince Court - Abu Dhabi

But, in time, the queen developed a fondness for Camilla, and, on the eve of the platinum jubilee, announced her wish for her to be known as “queen consort”, meaning Queen Camilla would be her title after her son became king.

At the time, the Prince of Wales and Duchess of Cornwall said they were “touched and honoured”.

Queen Elizabeth ascended to the British throne on February 6, 1952, after the death of her father, King George VI.

During her royal accession message, the queen promised a lifetime of public duty, saying “my life will always be devoted to your service”.

What happens now?

The successor, in this case Prince Charles, is “proclaimed as soon as possible at an accession council in St James's Palace”, according to the royal family's website.

“Formed of certain privy counsellors, great officers of state, the lord mayor and high sheriffs of the City of London, realm high commissioners, some senior civil servants and certain others invited to attend, the council is held (without the sovereign) to formally announce the death of the monarch and proclaim the succession of the new sovereign and to make certain consequential orders of council mainly relating to the proclamation,” it said.

After the proclamation, the sovereign reads out a declaration and takes the oath to preserve the Church of Scotland.

“The oath known as the accession declaration — an oath to maintain the established Protestant succession — is normally made at the next state opening of parliament,” it said.

In London, the public proclamation of the new sovereign is first read out at St James's Palace.

The proclamation is also read out publicly in Edinburgh, Cardiff and Belfast, usually at several different locations in those cities.

“If the monarch is under 18 on succeeding to the throne, there is provision for a regent to be appointed to perform the royal functions. This can also happen if the monarch is totally incapacitated.”

England Test squad

Joe Root (captain), Moeen Ali, James Anderson, Jonny Bairstow (wicketkeeper), Stuart Broad, Jos Buttler, Alastair Cook, Sam Curran, Keaton Jennings, Dawid Malan, Jamie Porter, Adil Rashid, Ben Stokes.

What are the GCSE grade equivalents?
 
  • Grade 9 = above an A*
  • Grade 8 = between grades A* and A
  • Grade 7 = grade A
  • Grade 6 = just above a grade B
  • Grade 5 = between grades B and C
  • Grade 4 = grade C
  • Grade 3 = between grades D and E
  • Grade 2 = between grades E and F
  • Grade 1 = between grades F and G
Sarfira

Director: Sudha Kongara Prasad

Starring: Akshay Kumar, Radhika Madan, Paresh Rawal 

Rating: 2/5

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

Our family matters legal consultant

Name: Hassan Mohsen Elhais

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

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Karwaan

Producer: Ronnie Screwvala

Director: Akarsh Khurana

Starring: Irrfan Khan, Dulquer Salmaan, Mithila Palkar

Rating: 4/5

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The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
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UAE currency: the story behind the money in your pockets
Scorline

Iraq 1-0 UAE

Iraq Hussein 28’

Results

Stage three:

1. Stefan Bissegger (SUI) EF Education-EasyPost, in 9-43

2. Filippo Ganna (ITA) Ineos Grenadiers, at 7s

3. Tom Dumoulin (NED) Jumbo-Visma, at 14s

4. Tadej Pogacar (SLO) UAE-Team Emirates, at 18s

5. Joao Almeida (POR) UAE-Team Emirates, at 22s

6. Mikkel Bjerg (DEN) UAE-Team Emirates, at 24s

General Classification:

1. Stefan Bissegger (SUI) EF Education-EasyPost, in 9-13-02

2. Filippo Ganna (ITA) Ineos Grenadiers, at 7s

3. Jasper Philipsen (BEL) Alpecin Fenix, at 12s

4. Tom Dumoulin (NED) Jumbo-Visma, at 14s

5. Tadej Pogacar (SLO) UAE-Team Emirates, at 18s

6. Joao Almeida (POR) UAE-Team Emirates, at 22s

Benefits of first-time home buyers' scheme
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Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

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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%3Cp%3EFrom%20September%2018-25%2C%20Abu%20Dhabi%0D.%20The%20two%20finalists%20advance%20to%20the%20main%20event%20in%20South%20Africa%20in%20February%202023%0D%3Cbr%3E%20%0D%3Cbr%3EGroup%20A%3A%20United%20States%2C%20Ireland%2C%20Scotland%2C%20Bangladesh%0D%3Cbr%3EGroup%20B%3A%20UAE%2C%20Thailand%2C%20Zimbabwe%2C%20Papua%20New%20Guinea%0D%3Cbr%3E%20%0D%3Cbr%3EUAE%20group%20fixtures%3A%0D%3Cbr%3ESept%2018%2C%203pm%2C%20Zayed%20Cricket%20Stadium%20%E2%80%93%20UAE%20v%20Thailand%0D%3Cbr%3ESept%2019%2C%203pm%2C%20Tolerance%20Oval%20-%20PNG%20v%20UAE%0D%3Cbr%3ESept%2021%2C%207pm%2C%20Tolerance%20Oval%20%E2%80%93%20UAE%20v%20Zimbabwe%0D%3Cbr%3E%20%0D%3Cbr%3EUAE%20squad%3A%20Chaya%20Mughal%20(captain)%2C%20Esha%20Oza%2C%20Kavisha%20Kumari%2C%20Rinitha%20Rajith%2C%20Rithika%20Rajith%2C%20Khushi%20Sharma%2C%20Theertha%20Satish%2C%20Lavanya%20Keny%2C%20Priyanjali%20Jain%2C%20Suraksha%20Kotte%2C%20Natasha%20Cherriath%2C%20Indhuja%20Nandakumar%2C%20Vaishnave%20Mahesh%2C%20Siya%20Gokhale%2C%20Samaira%20Dharnidharka%0D%3C%2Fp%3E%0A
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Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

Updated: September 09, 2022, 8:42 AM