EMBARGOED TO 0001 THURSDAY APRIL 27 Undated handout photo issued by the Royal Institute of British Architects (RIBA) of Professor Yasmeen Lari, Pakistan's first female architect, who has been award the first Royal Gold Medal for architecture of King Charles' III reign. Professor Lari is a champion of zero-carbon self-build houses for displaced populations. Issue date: Thursday April 27, 2023.
EMBARGOED TO 0001 THURSDAY APRIL 27 Undated handout photo issued by the Royal Institute of British Architects (RIBA) of Professor Yasmeen Lari, Pakistan's first female architect, who has been award the first Royal Gold Medal for architecture of King Charles' III reign. Professor Lari is a champion of zero-carbon self-build houses for displaced populations. Issue date: Thursday April 27, 2023.
EMBARGOED TO 0001 THURSDAY APRIL 27 Undated handout photo issued by the Royal Institute of British Architects (RIBA) of Professor Yasmeen Lari, Pakistan's first female architect, who has been award the first Royal Gold Medal for architecture of King Charles' III reign. Professor Lari is a champion of zero-carbon self-build houses for displaced populations. Issue date: Thursday April 27, 2023.
EMBARGOED TO 0001 THURSDAY APRIL 27 Undated handout photo issued by the Royal Institute of British Architects (RIBA) of Professor Yasmeen Lari, Pakistan's first female architect, who has been award th

Pakistan’s first female architect given King Charles's Royal Gold Medal


Soraya Ebrahimi
  • English
  • Arabic

Prof Yasmeen Lari, Pakistan’s first female architect, has been awarded the king's inaugural Royal Gold Medal for architecture for her zero-carbon, self-build houses for displaced people.

The prize, one of the world's highest accolades for architecture, was announced by the Royal Institute of British Architects.

The monarch personally approves the medal that is awarded to a person or group who have had a significant influence on the advancement of architecture.

The institute said Prof Lari was a “revolutionary force” who has had an “immeasurable influence on the trajectory of the architecture and humanitarian work in the country”.

Since officially retiring in 2000, she transferred her attention to creating accessible, environmentally friendly building techniques to help people below the poverty line and communities displaced by natural disasters and the effects of climate change.

In 1980 she co-founded the Heritage Foundation of Pakistan with her husband, Suhail Zaheer Lari, pioneering the design of self-build sustainable shelters and housing, creating 50,000 dwellings.

Buildings designed by architect Yasmeen Lari - in pictures

Prof Lari is also known for the design of the Chulah Cookstove, of which there are now over 80,000.

An eco-alternative to a traditional stove, it significantly reduces emissions, tackling unfavourable environmental and health issues associated with cooking on an open fire.

Born in 1941 in Pakistan, Prof Lari moved to London with her family at the age of 15.

After finishing school, she studied art for two years before being accepted into the School of Architecture, Oxford Brookes University, then Oxford Polytechnic.

After graduating in 1964, Lari returned to Pakistan at the age of 23 with her husband to establish her own architecture firm Lari Associates, going on to work for major government, business, and financial institutions.

Since 2000, Prof Lari has focused solely on her humanitarian work, which has gained international recognition.

King Charles is known for campaigning on green issues and for his commitment to sustainability.

As the Prince of Wales, the now King was often outspoken on architecture.

Speaking in 1984 about the proposed National Gallery extension, he famously stated: “What is proposed is like a monstrous carbuncle on the face of a much-loved and elegant friend.”

Prof Lari said on hearing of her award: “I never imagined that as I focus on my country’s most marginalised people, venturing down uncharted vagabond pathways, I could still be considered for the highest of honours in the architectural profession.

“RIBA has heralded a new direction for the profession, encouraging all architects to focus not only on the privileged, but also humanity at large that suffers from disparities, conflicts and climate change.”

Prof Lari’s previous designs include the Pakistan State Oil House.

The most expensive investment mistake you will ever make

When is the best time to start saving in a pension? The answer is simple – at the earliest possible moment. The first pound, euro, dollar or dirham you invest is the most valuable, as it has so much longer to grow in value. If you start in your twenties, it could be invested for 40 years or more, which means you have decades for compound interest to work its magic.

“You get growth upon growth upon growth, followed by more growth. The earlier you start the process, the more it will all roll up,” says Chris Davies, chartered financial planner at The Fry Group in Dubai.

This table shows how much you would have in your pension at age 65, depending on when you start and how much you pay in (it assumes your investments grow 7 per cent a year after charges and you have no other savings).

Age

$250 a month

$500 a month

$1,000 a month

25

$640,829

$1,281,657

$2,563,315

35

$303,219

$606,439

$1,212,877

45

$131,596

$263,191

$526,382

55

$44,351

$88,702

$177,403

 

David Haye record

Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4

Tenet

Director: Christopher Nolan

Stars: John David Washington, Robert Pattinson, Elizabeth Debicki, Dimple Kapadia, Michael Caine, Kenneth Branagh 

Rating: 5/5

The specs

Engine: 3.8-litre V6

Power: 295hp at 6,000rpm

Torque: 355Nm at 5,200rpm

Transmission: 8-speed auto

Fuel consumption: 10.7L/100km

Price: Dh179,999-plus

On sale: now 

Results:

First Test: New Zealand 30 British & Irish Lions 15

Second Test: New Zealand 21 British & Irish Lions 24

Third Test: New Zealand 15 British & Irish Lions 15

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

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Titanium Escrow profile

Started: December 2016
Founder: Ibrahim Kamalmaz
Based: UAE
Sector: Finance / legal
Size: 3 employees, pre-revenue  
Stage: Early stage
Investors: Founder's friends and Family

Some of Darwish's last words

"They see their tomorrows slipping out of their reach. And though it seems to them that everything outside this reality is heaven, yet they do not want to go to that heaven. They stay, because they are afflicted with hope." - Mahmoud Darwish, to attendees of the Palestine Festival of Literature, 2008

His life in brief: Born in a village near Galilee, he lived in exile for most of his life and started writing poetry after high school. He was arrested several times by Israel for what were deemed to be inciteful poems. Most of his work focused on the love and yearning for his homeland, and he was regarded the Palestinian poet of resistance. Over the course of his life, he published more than 30 poetry collections and books of prose, with his work translated into more than 20 languages. Many of his poems were set to music by Arab composers, most significantly Marcel Khalife. Darwish died on August 9, 2008 after undergoing heart surgery in the United States. He was later buried in Ramallah where a shrine was erected in his honour.

Januzaj's club record

Manchester United 50 appearances, 5 goals

Borussia Dortmund (loan) 6 appearances, 0 goals

Sunderland (loan) 25 appearances, 0 goals

Sri Lanka-India Test series schedule

1st Test July 26-30 in Galle

2nd Test August 3-7 in Colombo

3rd Test August 12-16 in Pallekele

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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Updated: April 26, 2023, 11:41 PM