Cooling towers at Uniper's coal-fired power station in Ratcliffe-on-Soar, England. Bloomberg
Cooling towers at Uniper's coal-fired power station in Ratcliffe-on-Soar, England. Bloomberg
Cooling towers at Uniper's coal-fired power station in Ratcliffe-on-Soar, England. Bloomberg
Cooling towers at Uniper's coal-fired power station in Ratcliffe-on-Soar, England. Bloomberg

Most think UK government isn't doing enough on climate change


Soraya Ebrahimi
  • English
  • Arabic

The UK government is doing too little to tackle climate change, say nearly six in 10 people surveyed in a poll.

The survey was conducted for the aid agency Cafod before the Cop27 UN climate talks in Sharm El Sheikh, Egypt.

It also found that almost half of those surveyed did not think the government was committed to its climate goals.

The poll found more than a third thought the UK was also not doing enough to support poorer countries in battling climate change — an issue that will be a key item at Cop27.

The government has legal targets to cut emissions to zero overall, known as net zero, by 2050 to end the UK’s contribution to global warming.

It hosted last year’s Cop26 climate summit in Glasgow.

But before this year’s talks, it has come under fire for actions including offering 100 new licences for North Sea oil and gas drilling.

The YouGov poll of 3,305 found that the environment and climate change were behind the cost of living, economy and health on the list of things to which people thought the government should give priority.

Sharm El Sheikh's preparations for Cop27 - in pictures

  • A billboard in Sharm El Sheikh ahead of the climate summit. All photos: Mahmoud Nasr / The National
    A billboard in Sharm El Sheikh ahead of the climate summit. All photos: Mahmoud Nasr / The National
  • Electric car chargers have been installed in petrol stations in Sharm El Sheikh to help the city go green.
    Electric car chargers have been installed in petrol stations in Sharm El Sheikh to help the city go green.
  • Egypt's first electric bus charging station has started working ahead of Cop27.
    Egypt's first electric bus charging station has started working ahead of Cop27.
  • Buses charge up at the station.
    Buses charge up at the station.
  • Solar panel power stations will provide energy for the city during Cop27.
    Solar panel power stations will provide energy for the city during Cop27.
  • Panel power in the sunlit desert.
    Panel power in the sunlit desert.

But 58 per cent thought the government had done too little to tackle climate change over the past year, compared to just 8 per cent who thought ministers had done too much, and 15 per cent who said they had done the right amount.

About 40 per cent of those quizzed who voted Conservative in 2019 thought the government had done too little in the past year, and in general, on climate change, compared to 14 per cent who thought they had done too much.

Questioned on the government’s target to achieve net zero by 2050 and reduce reliance on fossil fuels, 47 per cent said the government was not committed to the goal, while 19 per cent thought it was.

The poll also revealed that 37 per cent thought the UK was doing too little to support poorer countries tackle climate change, while 19 per cent thought it was doing about the right amount and 14 per cent thought it was doing too much.

Access limited for Cop27 climate activists — in pictures

  • The Cop27 summit in Sharm El Sheikh is the first annual UN climate conference to be held after the easing of Covid-19 restrictions. Campaigners see it as a crucial venue for raising the alarm over climate change and putting pressure on governments to act. All photos: Reuters
    The Cop27 summit in Sharm El Sheikh is the first annual UN climate conference to be held after the easing of Covid-19 restrictions. Campaigners see it as a crucial venue for raising the alarm over climate change and putting pressure on governments to act. All photos: Reuters
  • But they say voicing their concerns through rallies and protests as they have done in past host countries or cities will be more challenging in Egypt, where public demonstrations are effectively banned and activists have struggled to operate legally.
    But they say voicing their concerns through rallies and protests as they have done in past host countries or cities will be more challenging in Egypt, where public demonstrations are effectively banned and activists have struggled to operate legally.
  • Limits on accreditation and attendance badges for activists, especially from poorer nations, have also been a point of contention at previous UN climate summits.
    Limits on accreditation and attendance badges for activists, especially from poorer nations, have also been a point of contention at previous UN climate summits.
  • Egypt, which has only one NGO permanently accredited to attend the annual summits, says the inclusion of civil society is a priority, and it has helped to add more NGOs, including 35 Egyptian groups, through a single-year admission valid only for Cop27.
    Egypt, which has only one NGO permanently accredited to attend the annual summits, says the inclusion of civil society is a priority, and it has helped to add more NGOs, including 35 Egyptian groups, through a single-year admission valid only for Cop27.
  • That was a positive step but the process was not publicly announced and did not give some groups a fair chance to apply, said Hossam Bahgat, head of the Egyptian Initiative for Personal Rights and one of Egypt's best known campaigners.
    That was a positive step but the process was not publicly announced and did not give some groups a fair chance to apply, said Hossam Bahgat, head of the Egyptian Initiative for Personal Rights and one of Egypt's best known campaigners.
  • A representative of Egypt's Cop presidency said there had been a 'fully transparent' selection process approved by the UN after consultation with regional organisations and national negotiating teams. Egyptian groups were recommended based on their environment and climate change expertise, the representative said. A UN climate change spokesman said there had been about 10,000 registrations from close to 2,000 admitted observer organisations for Cop27, which was similar to Cop26 in Glasgow.
    A representative of Egypt's Cop presidency said there had been a 'fully transparent' selection process approved by the UN after consultation with regional organisations and national negotiating teams. Egyptian groups were recommended based on their environment and climate change expertise, the representative said. A UN climate change spokesman said there had been about 10,000 registrations from close to 2,000 admitted observer organisations for Cop27, which was similar to Cop26 in Glasgow.
  • Another concern among activists is the difficulty ordinary citizens may face in visiting Sharm El Sheikh. The city, situated at the southern tip of Egypt's Sinai peninsula, is bordered by the sea on one side and a concrete and wire barrier in the desert on the other.
    Another concern among activists is the difficulty ordinary citizens may face in visiting Sharm El Sheikh. The city, situated at the southern tip of Egypt's Sinai peninsula, is bordered by the sea on one side and a concrete and wire barrier in the desert on the other.
  • Some of those hoping to travel from outside Egypt have been put off by hotel prices that ran into hundreds of dollars a night earlier in the year. After lobbying from civil society, the government negotiated a $120 price cap for two-star hotels and announced cheaper accommodation in recent weeks. That included rooms for 400 young people at about $30 to $40 a night, and was designed to help African groups overcome long-standing obstacles to having access to Cop summits, said Omnia El-Omrani, Cop27's youth envoy.
    Some of those hoping to travel from outside Egypt have been put off by hotel prices that ran into hundreds of dollars a night earlier in the year. After lobbying from civil society, the government negotiated a $120 price cap for two-star hotels and announced cheaper accommodation in recent weeks. That included rooms for 400 young people at about $30 to $40 a night, and was designed to help African groups overcome long-standing obstacles to having access to Cop summits, said Omnia El-Omrani, Cop27's youth envoy.

“The reality of the climate crisis is already here," said Graham Gordon, Cafod’s head of public policy.

"In the UK, our summer saw 40ºC heat and even now in winter, we’ve had temperatures hit 20ºC.

But Mr Gordon said that elsewhere in the world, the consequences of climate change had been “deadly”.

“There is a devastating drought in East Africa leaving millions on the brink of famine, and deadly floods in Pakistan, which have wrecked communities and taken many lives," he said.

“It has become painfully clear the government’s knee-jerk reaction to pursue more fossil fuels will not only cause more devastation, but it’s against the public wishes, too.”

MPs accuse government of failing to lead on cutting carbon emissions

The government has been accused by MPs of failing to give an effective lead on cutting damaging greenhouse gas emissions, despite having set a target of net zero emissions by 2050.

The House of Commons public accounts committee said “vague” guidelines and “fragmented” responsibilities meant less than half of all government departments were complying with mandatory reporting requirements on emission levels.

It said “inconsistent” reporting of data across the public sector made it difficult to compare performance and could undermine confidence in reported progress towards the 2050 target.

Climate change around the world - in pictures

  • Engineers carry solar panels on to the roof of a property in Barcelona in September 2022. Spain and other Mediterranean countries have generated record amounts of power from wind and solar farms. Bloomberg
    Engineers carry solar panels on to the roof of a property in Barcelona in September 2022. Spain and other Mediterranean countries have generated record amounts of power from wind and solar farms. Bloomberg
  • Smoke rises from brick factory stacks in Nahrawan, Baghdad. Tackling emissions from heavy industry is crucial to tackling global warming. Reuters
    Smoke rises from brick factory stacks in Nahrawan, Baghdad. Tackling emissions from heavy industry is crucial to tackling global warming. Reuters
  • A boy stands near a flock of sheep as a sandstorm approaches in the Syrian countryside of Tabqa. Syria is among the countries most vulnerable and poorly prepared for climate change, which is expected to worsen. AFP
    A boy stands near a flock of sheep as a sandstorm approaches in the Syrian countryside of Tabqa. Syria is among the countries most vulnerable and poorly prepared for climate change, which is expected to worsen. AFP
  • Mountains of smouldering rubbish at the Bhalswa landfill in New Delhi, India. Reuters
    Mountains of smouldering rubbish at the Bhalswa landfill in New Delhi, India. Reuters
  • Greenpeace activists take part in a climate change protest in front of the Brandenburg Gate in Berlin in May. AP
    Greenpeace activists take part in a climate change protest in front of the Brandenburg Gate in Berlin in May. AP
  • A man carries water bottles across the heavily polluted Negro River in Manaus, Brazil. About 35 tonnes of rubbish are removed daily from the river. AP
    A man carries water bottles across the heavily polluted Negro River in Manaus, Brazil. About 35 tonnes of rubbish are removed daily from the river. AP
  • A helicopter drops water on a brush fire in California. Bloomberg
    A helicopter drops water on a brush fire in California. Bloomberg
  • UN climate chief Patricia Espinosa speaks on the opening day of the Bonn climate change conference in Germany. Getty
    UN climate chief Patricia Espinosa speaks on the opening day of the Bonn climate change conference in Germany. Getty
  • Activists take part in a demonstration to raise awareness of global warming, during an event to mark World Environment Day in Kolkata. AFP
    Activists take part in a demonstration to raise awareness of global warming, during an event to mark World Environment Day in Kolkata. AFP
  • A helicopter drops water on a bushfire near a residential district in Athens. The fire forced residents to flee. AFP
    A helicopter drops water on a bushfire near a residential district in Athens. The fire forced residents to flee. AFP
  • A gauge measures water levels in the Rio Nambe river, in New Mexico. Ninety per cent of the state is experiencing extreme drought. Getty
    A gauge measures water levels in the Rio Nambe river, in New Mexico. Ninety per cent of the state is experiencing extreme drought. Getty
  • Afghan refugees search for recyclable material from heaps of rubbish in Karachi, Pakistan. AP
    Afghan refugees search for recyclable material from heaps of rubbish in Karachi, Pakistan. AP
  • A climate activist ties herself to the net during the semi-final tennis match between Croatia's Marin Cilic and Norway's Casper Ruud at the French Open in Roland Garros in Paris. AP
    A climate activist ties herself to the net during the semi-final tennis match between Croatia's Marin Cilic and Norway's Casper Ruud at the French Open in Roland Garros in Paris. AP
  • A dance group performs at a climate summit in Stockholm, Sweden. Getty
    A dance group performs at a climate summit in Stockholm, Sweden. Getty
  • US climate envoy John Kerry talks to a delegate at the Stockholm 50 climate summit. Getty
    US climate envoy John Kerry talks to a delegate at the Stockholm 50 climate summit. Getty
  • A boat is stranded during low tide at the Chebayesh marsh in Dhi Qar province, Iraq. Reuters
    A boat is stranded during low tide at the Chebayesh marsh in Dhi Qar province, Iraq. Reuters
  • A woman crosses a polluted river in Dhaka, Bangladesh. EPA
    A woman crosses a polluted river in Dhaka, Bangladesh. EPA
  • A man walks past an abandoned boat in the bed of a drought-affected reservoir on the outskirts of Sana'a, Yemen. EPA
    A man walks past an abandoned boat in the bed of a drought-affected reservoir on the outskirts of Sana'a, Yemen. EPA

Oversight of emissions reporting across Whitehall is split three ways, with the Department for Business, Energy and Industrial Strategy, the Treasury and the Department for Environment, Food and Rural Affairs all having a role.

As a result, the committee said, the guidance they issued to other departments was “too vague” and compliance was “low”, with some departments doing little to address the issue.

“Leadership and oversight of emissions measurement and reporting in central government is fragmented and ineffective,” it said.

“Despite the time and resources central government bodies are committing to measuring and reporting their emissions, we are not convinced that they, or the wider public sector, are making sufficient use of their emissions data to drive decision-making.

“We have seen little evidence that public bodies are using the data available to estimate the potential costs of decarbonising the sector, or to identify priorities and develop plans.”

Animals in danger of extinction due to climate change - in pictures

  • Some of the planet’s most stunning creatures, including giraffes and parrots, are at risk from global warming and other human-induced environmental change, the UN has warned. Photo: AFP
    Some of the planet’s most stunning creatures, including giraffes and parrots, are at risk from global warming and other human-induced environmental change, the UN has warned. Photo: AFP
  • Giraffes stand by the shade of a tree in Murchison Falls National Park, Uganda. Photo: AP
    Giraffes stand by the shade of a tree in Murchison Falls National Park, Uganda. Photo: AP
  • Some analysts have concluded that the likes of toucans, puffins and hummingbirds may face particularly uncertain futures. Photo: EPA
    Some analysts have concluded that the likes of toucans, puffins and hummingbirds may face particularly uncertain futures. Photo: EPA
  • A hummingbird flies at a garden in Caracas, the capital of Venezuela. Photo: AFP
    A hummingbird flies at a garden in Caracas, the capital of Venezuela. Photo: AFP
  • Wildfires in southern France. Tree species are facing several threats including an increase in the frequency of wildfires due to climate change and deforestation because of industry, agriculture and firewood. Photo: AFP
    Wildfires in southern France. Tree species are facing several threats including an increase in the frequency of wildfires due to climate change and deforestation because of industry, agriculture and firewood. Photo: AFP

The committee said the government should follow the example of the private sector, where some companies are seeking to measure and report on the indirect emissions attributable to their operations, such as those from goods and services bought from external suppliers.

“Government promised to lead the way to national decarbonisation but isn’t even putting its own house in order," said the committee chairwoman, Dame Meg Hillier.

“A free-for-all on reporting veils progress or lack of it.

"Government needs to be clearer and must publish consistent standards for measuring and reporting emissions across the public sector so that it can be properly held to account.”

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

The biog

Age: 30

Position: Senior lab superintendent at Emirates Global Aluminium

Education: Bachelor of science in chemical engineering, post graduate degree in light metal reduction technology

Favourite part of job: The challenge, because it is challenging

Favourite quote: “Be the change you wish to see in the world,” Gandi

UK-EU trade at a glance

EU fishing vessels guaranteed access to UK waters for 12 years

Co-operation on security initiatives and procurement of defence products

Youth experience scheme to work, study or volunteer in UK and EU countries

Smoother border management with use of e-gates

Cutting red tape on import and export of food

Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

COMPANY%20PROFILE%20
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3EAlmouneer%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202017%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Dr%20Noha%20Khater%20and%20Rania%20Kadry%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EEgypt%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%20%3C%2Fstrong%3E120%3Cbr%3E%3Cstrong%3EInvestment%3A%20%3C%2Fstrong%3EBootstrapped%2C%20with%20support%20from%20Insead%20and%20Egyptian%20government%2C%20seed%20round%20of%20%3Cbr%3E%243.6%20million%20led%20by%20Global%20Ventures%3Cbr%3E%3C%2Fp%3E%0A
UAE squad to face Ireland

Ahmed Raza (captain), Chirag Suri (vice-captain), Rohan Mustafa, Mohammed Usman, Mohammed Boota, Zahoor Khan, Junaid Siddique, Waheed Ahmad, Zawar Farid, CP Rizwaan, Aryan Lakra, Karthik Meiyappan, Alishan Sharafu, Basil Hameed, Kashif Daud, Adithya Shetty, Vriitya Aravind

SPECS
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E2-litre%204-cylinder%20petrol%20(V%20Class)%3B%20electric%20motor%20with%2060kW%20or%2090kW%20powerpack%20(EQV)%0D%3Cbr%3E%3Cstrong%3EPower%3A%3C%2Fstrong%3E%20233hp%20(V%20Class%2C%20best%20option)%3B%20204hp%20(EQV%2C%20best%20option)%0D%3Cbr%3E%3Cstrong%3ETorque%3A%3C%2Fstrong%3E%20350Nm%20(V%20Class%2C%20best%20option)%3B%20TBA%20(EQV)%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3EMid-2024%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3ETBA%0D%3C%2Fp%3E%0A
The specs: 2018 Jaguar E-Pace First Edition

Price, base / as tested: Dh186,480 / Dh252,735

Engine: 2.0-litre four-cylinder

Power: 246hp @ 5,500rpm

Torque: 365Nm @ 1,200rpm

Transmission: Nine-speed automatic

Fuel consumption, combined: 7.7L / 100km

MATCH INFO

Tottenham Hotspur 3 (Son 1', Kane 8' & 16') West Ham United 3 (Balbuena 82', Sanchez og 85', Lanzini 90' 4)

Man of the match Harry Kane

NINE WINLESS GAMES

Arsenal 2-2 Crystal Palace (Oct 27, PL)

Liverpool 5-5 Arsenal  (Oct 30, EFL)

Arsenal 1-1 Wolves (Nov 02, PL)

Vitoria Guimaraes 1-1 Arsenal  (Nov 6, Europa)

Leicester 2-0 Arsenal (Nov 9, PL)

Arsenal 2-2 Southampton (Nov 23, PL)

Arsenal 1-2 Eintracht Frankfurt (Nov 28, Europa)

Norwich 2-2 Arsenal (Dec 01, PL)

Arsenal 1-2 Brighton (Dec 05, PL)

The%20specs%20
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E2.0-litre%204cyl%20turbo%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E261hp%20at%205%2C500rpm%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E400Nm%20at%201%2C750-4%2C000rpm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E7-speed%20dual-clutch%20auto%0D%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%20%3C%2Fstrong%3E10.5L%2F100km%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENow%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh129%2C999%20(VX%20Luxury)%3B%20from%20Dh149%2C999%20(VX%20Black%20Gold)%3C%2Fp%3E%0A
Bib%20Gourmand%20restaurants
%3Cp%3EAl%20Khayma%0D%3Cbr%3EBait%20Maryam%0D%3Cbr%3EBrasserie%20Boulud%0D%3Cbr%3EFi'lia%0D%3Cbr%3Efolly%0D%3Cbr%3EGoldfish%0D%3Cbr%3EIbn%20AlBahr%0D%3Cbr%3EIndya%20by%20Vineet%0D%3Cbr%3EKinoya%0D%3Cbr%3ENinive%0D%3Cbr%3EOrfali%20Bros%0D%3Cbr%3EReif%20Japanese%20Kushiyaki%0D%3Cbr%3EShabestan%0D%3Cbr%3ETeible%3C%2Fp%3E%0A
Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

MATCH INFO

Fulham 0

Aston Villa 3 (Grealish 4', Hourihane 15', Mings 48')

Man of the match: Jack Grealish (Aston Villa)

Squads

Pakistan: Sarfaraz Ahmed (c), Babar Azam (vc), Abid Ali, Asif Ali, Fakhar Zaman, Haris Sohail, Mohammad Hasnain, Iftikhar Ahmed, Imad Wasim, Mohammad Amir, Mohammad Nawaz, Mohammad Rizwan, Shadab Khan, Usman Shinwari, Wahab Riaz

Sri Lanka: Lahiru Thirimanne (c), Danushka Gunathilaka, Sadeera Samarawickrama, Avishka Fernando, Oshada Fernando, Shehan Jayasuriya, Dasun Shanaka, Minod Bhanuka, Angelo Perera, Wanindu Hasaranga, Lakshan Sandakan, Nuwan Pradeep, Isuru Udana, Kasun Rajitha, Lahiru Kumara

THE%20STRANGERS'%20CASE
%3Cp%3E%3Cstrong%3EDirector%3C%2Fstrong%3E%3A%20Brandt%20Andersen%3Cbr%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3EOmar%20Sy%2C%20Jason%20Beghe%2C%20Angeliki%20Papoulia%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
The design

The protective shell is covered in solar panels to make use of light and produce energy. This will drastically reduce energy loss.

More than 80 per cent of the energy consumed by the French pavilion will be produced by the sun.

The architecture will control light sources to provide a highly insulated and airtight building.

The forecourt is protected from the sun and the plants will refresh the inner spaces.

A micro water treatment plant will recycle used water to supply the irrigation for the plants and to flush the toilets. This will reduce the pavilion’s need for fresh water by 30 per cent.

Energy-saving equipment will be used for all lighting and projections.

Beyond its use for the expo, the pavilion will be easy to dismantle and reuse the material.

Some elements of the metal frame can be prefabricated in a factory.

 From architects to sound technicians and construction companies, a group of experts from 10 companies have created the pavilion.

Work will begin in May; the first stone will be laid in Dubai in the second quarter of 2019. 

Construction of the pavilion will take 17 months from May 2019 to September 2020.

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
The biog

Family: wife, four children, 11 grandchildren, 16 great-grandchildren

Reads: Newspapers, historical, religious books and biographies

Education: High school in Thatta, a city now in Pakistan

Regrets: Not completing college in Karachi when universities were shut down following protests by freedom fighters for the British to quit India 

 

Happiness: Work on creative ideas, you will also need ideals to make people happy

Heavily-sugared soft drinks slip through the tax net

Some popular drinks with high levels of sugar and caffeine have slipped through the fizz drink tax loophole, as they are not carbonated or classed as an energy drink.

Arizona Iced Tea with lemon is one of those beverages, with one 240 millilitre serving offering up 23 grams of sugar - about six teaspoons.

A 680ml can of Arizona Iced Tea costs just Dh6.

Most sports drinks sold in supermarkets were found to contain, on average, five teaspoons of sugar in a 500ml bottle.

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%3A%3C%2Fstrong%3E%20Sideup%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202019%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Waleed%20Rashed%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Cairo%2C%20Egypt%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20technology%2C%20e-commerce%3Cbr%3E%3Cstrong%3EFunds%20raised%20so%20far%3A%3C%2Fstrong%3E%20%241.2%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Launch%20Africa%20VC%2C%20500%20Global%2C%20Riyadh%20Angels%2C%20Alex%20Angels%2C%20Al%20Tuwaijri%20Fund%20and%20Saudi%20angel%20investor%20Faisal%20Al%20Abdulsalam%3C%2Fp%3E%0A
What is a robo-adviser?

Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.

These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.

Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.

Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.

Updated: November 02, 2022, 12:01 AM