• A cluster of stars in the Small Magellanic Cloud in an image taken by the James Webb Space Telescope. PA
    A cluster of stars in the Small Magellanic Cloud in an image taken by the James Webb Space Telescope. PA
  • A colour composite image of the Messier 74 galaxy. Photo: Gabriel Brammer (Cosmic Dawn Center, Niels Bohr Institute, University of Copenhagen) / James Webb Space Telescope
    A colour composite image of the Messier 74 galaxy. Photo: Gabriel Brammer (Cosmic Dawn Center, Niels Bohr Institute, University of Copenhagen) / James Webb Space Telescope
  • Jupiter and its moon Europa, left, are seen through the James Webb Space Telescope. Photo: Nasa
    Jupiter and its moon Europa, left, are seen through the James Webb Space Telescope. Photo: Nasa
  • Captured in infrared light by Nasa's new James Webb Space Telescope, this image reveals areas of star birth in Carina Nebula. All photos: James Webb Space Telescope
    Captured in infrared light by Nasa's new James Webb Space Telescope, this image reveals areas of star birth in Carina Nebula. All photos: James Webb Space Telescope
  • Known as Webb's First Deep Field, the picture showcases a galaxy cluster called SMACS 0723 as it appeared 4.6 billion years ago. The image was revealed by US President Joe Biden on July 11 during an event at the White House.
    Known as Webb's First Deep Field, the picture showcases a galaxy cluster called SMACS 0723 as it appeared 4.6 billion years ago. The image was revealed by US President Joe Biden on July 11 during an event at the White House.
  • An image of Stephan's Quintet, an area in space with a group of five galaxies.
    An image of Stephan's Quintet, an area in space with a group of five galaxies.
  • Side-by-side comparison shows observations of the Southern Ring Nebula in near-infrared light (left) and mid-infrared light.
    Side-by-side comparison shows observations of the Southern Ring Nebula in near-infrared light (left) and mid-infrared light.
  • The telescope has captured the distinct signature of water, along with evidence for clouds and haze, in the atmosphere surrounding a hot, puffy gas giant planet orbiting a distant Sun-like star, called WASP-96 b. Photo: James Webb Space Telescope
    The telescope has captured the distinct signature of water, along with evidence for clouds and haze, in the atmosphere surrounding a hot, puffy gas giant planet orbiting a distant Sun-like star, called WASP-96 b. Photo: James Webb Space Telescope

Clues to how first stars were formed in new James Webb space telescope image


Simon Rushton
  • English
  • Arabic

A new image from the James Webb space telescope is providing astronomers with new clues on how the first stars were born.

The image shows a young cluster of stars, NGC 346, which is more than 200,000 light years from Earth, in a dwarf galaxy called the Small Magellanic Cloud (SMC).

Astronomers believe this region could help shed light on how the first stars formed during the “cosmic noon” period, about two or three billion years after the Big Bang.

“We're seeing the building blocks, not only of stars but also potentially of planets,” said investigator Guido De Marchi, of the European Space Agency.

“And since the Small Magellanic Cloud has a similar environment to galaxies during cosmic noon, it's possible that rocky planets could have formed earlier in the Universe than we might have thought.”

The SMC, a dwarf galaxy near the Milky Way, and NGC 346 houses clouds of gas and dust in space called protostars, that are developing into stars.

“This is the first time we can detect the full sequence of star formation of both low and high mass stars in another galaxy,” said Olivia Jones, from the UK Astronomy Technology Centre.

“This means we have far more data to study at high resolution, offering us new information on how the birth of stars shapes their environment and even greater insight into the star formation process.”

Studying protostars is the best way to understand how stars formed, the astronomers say.

As stars form, they gather gas and dust, which can look like ribbons from the surrounding molecular cloud. The material collects into a disc that feeds the central protostar.

NGC 346, a cluster of stars in the Small Magellanic Cloud, taken by the James Webb Space Telescope. Nasa
NGC 346, a cluster of stars in the Small Magellanic Cloud, taken by the James Webb Space Telescope. Nasa

While astronomers have previously detected gas around protostars within NGC 346, the space telescope’s observations have also detected dust in these discs.

James Webb, the world’s most powerful space telescope, launched in December 2021 and has since been sending back unique views of the Universe.

It has provided remarkable images of Jupiter taken by the telescope’s near-infrared camera, which has special filters to make details of the planet visible.

Infrared instruments help capture radiant energy that is invisible to the human eye but can be detected as heat.

Other images include the Carina Nebula, which shows the birthplace of stars, and the Southern Ring Nebula, where stars are dying, expelling dust and gas in the process.

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MATCH INFO

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Traits of Chinese zodiac animals

Tiger:independent, successful, volatile
Rat:witty, creative, charming
Ox:diligent, perseverent, conservative
Rabbit:gracious, considerate, sensitive
Dragon:prosperous, brave, rash
Snake:calm, thoughtful, stubborn
Horse:faithful, energetic, carefree
Sheep:easy-going, peacemaker, curious
Monkey:family-orientated, clever, playful
Rooster:honest, confident, pompous
Dog:loyal, kind, perfectionist
Boar:loving, tolerant, indulgent   

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Job Title: Human resources administrator, Expo 2020 Dubai

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What are the influencer academy modules?
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UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

 

 

How will Gen Alpha invest?

Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.

“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.

Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.

He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.

Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”

Key findings of Jenkins report
  • Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
  • Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
  • Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
  • Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
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Updated: January 12, 2023, 12:21 PM