• The ASM-135 ASAT anti-satellite missile is part of the US F15 Eagle aircraft's arsenal. Photo: Lorax
    The ASM-135 ASAT anti-satellite missile is part of the US F15 Eagle aircraft's arsenal. Photo: Lorax
  • The Israel Missile Defence Organisation and the US Missile Defence Agency jointly developed the Arrow-3 interceptor. Photo: Public Domain
    The Israel Missile Defence Organisation and the US Missile Defence Agency jointly developed the Arrow-3 interceptor. Photo: Public Domain
  • An artist's impression of a Russian anti-satellite weapon. Photo: Public Domain
    An artist's impression of a Russian anti-satellite weapon. Photo: Public Domain
  • The US fired a modified SM-3 missile to destroy the failing NRO-L 21 satellite. Photo: Public Domain
    The US fired a modified SM-3 missile to destroy the failing NRO-L 21 satellite. Photo: Public Domain
  • An SM-3 being launched from the Pearl Harbor-based Aegis cruiser 'USS Lake Erie' during a ballistic missile flight test. The missile intercepted a separating ballistic missile threat target, launched from the Pacific Missile Range Facility in Barking Sands, Hawaii. The test was the sixth intercept, in seven flight tests, by Aegis Ballistic Missile Defence. Photo: Public Domain
    An SM-3 being launched from the Pearl Harbor-based Aegis cruiser 'USS Lake Erie' during a ballistic missile flight test. The missile intercepted a separating ballistic missile threat target, launched from the Pacific Missile Range Facility in Barking Sands, Hawaii. The test was the sixth intercept, in seven flight tests, by Aegis Ballistic Missile Defence. Photo: Public Domain
  • The Soviet Strategic Defence Programme involved extensive research on advanced technologies in the 1980s. The USSR already had ground-based lasers, conceptually illustrated here, capable of interfering with some US satellites. Photo: Public Domain
    The Soviet Strategic Defence Programme involved extensive research on advanced technologies in the 1980s. The USSR already had ground-based lasers, conceptually illustrated here, capable of interfering with some US satellites. Photo: Public Domain
  • The Defence Research and Development Organisation launched a ballistic missile defence interceptor missile in a test – Mission Shakti – engaging an Indian orbiting target satellite in low Earth orbit on March 27, 2019. Photo: Ministry of Defence India
    The Defence Research and Development Organisation launched a ballistic missile defence interceptor missile in a test – Mission Shakti – engaging an Indian orbiting target satellite in low Earth orbit on March 27, 2019. Photo: Ministry of Defence India
  • A Microsat-R satellite was launched by India on January 24, 2019 and served as a target for the Mission Shakti test on March 27, 2019. Photo: Ministry of Defence India
    A Microsat-R satellite was launched by India on January 24, 2019 and served as a target for the Mission Shakti test on March 27, 2019. Photo: Ministry of Defence India
  • The airborne launch of an ASAT missile in September 1985, which destroyed an orbiting satellite. Photo: Public Domain
    The airborne launch of an ASAT missile in September 1985, which destroyed an orbiting satellite. Photo: Public Domain

UK and South Korea join US-led efforts to ban anti-satellite testing


Sarwat Nasir
  • English
  • Arabic

The UK and South Korea have joined efforts spearheaded by the US to ban anti-satellite testing, an exercise in which military technology is used to destroy spacecraft.

On October 3, the UK government announced it was committing “not to destructively test” direct ascent anti-satellite (DA-ASAT) missiles in efforts to promote responsible space behaviour.

South Korea also pledged on Tuesday at a United Nations meeting not to carry out the tests.

The US was the first to ban the tests earlier this year and is encouraging other nations to join.

This brings the total number of countries against anti-satellite testing to seven, also including New Zealand, Japan, Germany and Canada.

“The destructive testing of DA-ASAT missiles can create dangerous space debris, which threatens the functioning of these systems and can put at risk those who explore space, as well as being potentially destabilising,” the UK government said in a joint statement with the UK space agency.

“DA-ASAT missile testing is one of a number of threats to space systems. Several countries already possess a broad range of counter-space capabilities that can threaten all segments of space systems — on the ground, in space and the signals between them.”

Hwan Joon-kook, South Korea’s permanent representative to the UN, pledged against using the tests at the UN First Committee’s third plenary meeting.

He also called on other countries to join the ban.

“The Republic of Korea commits not to conduct destructive direct ascent anti-satellite missile testing, following the US announcement in April,” he said.

ASAT tests have caused concern over the years as they can create a dangerous amount of space debris that can endanger astronauts and other spacecraft.

But experts fear that military technology can also be used during conflicts and wars.

In November, Russia carried out an ASAT test in which it destroyed one of its satellites, creating thousands of pieces of space debris.

India ordered an ASAT test in 2019 in an operation called the Mission Shakti, resulting in a dangerous level of space debris.

China destroyed one of its satellites in 2007 and the US followed a year later with a similar operation.

Maj Gen Michel Friedling, head of the French Space Command, told an Abu Dhabi conference in May that space was “no longer safe”, as countries increasingly look to use it for military advantage.

“The Outer Space Treaty of 1967 [introduced by the UN] has allowed for the case of peaceful coexistence and bridges were made between East and West during these decades,” he said.

“But space is and will remain a key factor of economic strategy and military advantage for those who master space and those who know how to use space services.

“So, tensions on Earth will reflect in space and it's already the case.”

Russia militarised space for its war in Ukraine by using technology that jams communications. It carried out cyber attacks on satellites and surveillance using satellites.

Since its invasion of Ukraine, a number of cyber attacks have been launched over the besieged country, causing internet and communication lines to be cut.

Billionaire Elon Musk said this week that his company SpaceX spent $80 million “out of pocket” to make internet through their Starlink satellites available in Ukraine.

The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)

Our Time Has Come
Alyssa Ayres, Oxford University Press

Infiniti QX80 specs

Engine: twin-turbocharged 3.5-liter V6

Power: 450hp

Torque: 700Nm

Price: From Dh450,000, Autograph model from Dh510,000

Available: Now

It Was Just an Accident

Director: Jafar Panahi

Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr

Rating: 4/5

Trippier bio

Date of birth September 19, 1990

Place of birth Bury, United Kingdom

Age 26

Height 1.74 metres

Nationality England

Position Right-back

Foot Right

While you're here
If you go

The flights
Emirates and Etihad fly direct to Nairobi, with fares starting from Dh1,695. The resort can be reached from Nairobi via a 35-minute flight from Wilson Airport or Jomo Kenyatta International Airport, or by road, which takes at least three hours.

The rooms
Rooms at Fairmont Mount Kenya range from Dh1,870 per night for a deluxe room to Dh11,000 per night for the William Holden Cottage.

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.”

MATCH INFO

Uefa Champions League semi-final, second leg result:

Ajax 2-3 Tottenham

Tottenham advance on away goals rule after tie ends 3-3 on aggregate

Final: June 1, Madrid

Brief scores:

Day 1

Toss: India, chose to bat

India (1st innings): 215-2 (89 ov)

Agarwal 76, Pujara 68 not out; Cummins 2-40

New Zealand 21 British & Irish Lions 24

New Zealand
Penalties: Barrett (7)

British & Irish Lions
Tries: Faletau, Murray
Penalties: Farrell (4)
Conversions: Farrell 
 

COMPANY%20PROFILE
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COMPANY%20PROFILE
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Essentials

The flights
Etihad and Emirates fly direct from the UAE to Delhi from about Dh950 return including taxes.
The hotels
Double rooms at Tijara Fort-Palace cost from 6,670 rupees (Dh377), including breakfast.
Doubles at Fort Bishangarh cost from 29,030 rupees (Dh1,641), including breakfast. Doubles at Narendra Bhawan cost from 15,360 rupees (Dh869). Doubles at Chanoud Garh cost from 19,840 rupees (Dh1,122), full board. Doubles at Fort Begu cost from 10,000 rupees (Dh565), including breakfast.
The tours 
Amar Grover travelled with Wild Frontiers. A tailor-made, nine-day itinerary via New Delhi, with one night in Tijara and two nights in each of the remaining properties, including car/driver, costs from £1,445 (Dh6,968) per person.

MATCH INFO

Barcelona 2
Suarez (10'), Messi (52')

Real Madrid 2
Ronaldo (14'), Bale (72')

The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

Zimbabwe v UAE, ODI series

All matches at the Harare Sports Club:

1st ODI, Wednesday, April 10

2nd ODI, Friday, April 12

3rd ODI, Sunday, April 14

4th ODI, Tuesday, April 16

UAE squad: Mohammed Naveed (captain), Rohan Mustafa, Ashfaq Ahmed, Shaiman Anwar, Mohammed Usman, CP Rizwan, Chirag Suri, Mohammed Boota, Ghulam Shabber, Sultan Ahmed, Imran Haider, Amir Hayat, Zahoor Khan, Qadeer Ahmed

Company%20profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3EHakbah%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2018%0D%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3ENaif%20AbuSaida%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3ESaudi%20Arabia%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%20%3C%2Fstrong%3E22%20%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%20%3C%2Fstrong%3E%24200%2C000%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3Epre-Series%20A%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EGlobal%20Ventures%20and%20Aditum%20Investment%20Management%0D%3Cbr%3E%3Cbr%3E%3C%2Fp%3E%0A
Lexus LX700h specs

Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

On sale: Now

Price: From Dh590,000

Updated: October 06, 2022, 11:43 AM