Shelled buildings in central Kharkiv, Ukraine. EPA
Shelled buildings in central Kharkiv, Ukraine. EPA
Shelled buildings in central Kharkiv, Ukraine. EPA
Shelled buildings in central Kharkiv, Ukraine. EPA

US assesses Russian forces have committed war crimes in Ukraine


Joyce Karam
  • English
  • Arabic

US President Joe Biden's administration said on Wednesday that Russian troops have committed war crimes in Ukraine and that it will co-ordinate with other nations to hold Moscow accountable.

The assessment was based on intelligence gathering and a “careful review” of sources on Russia’s attacks.

Secretary of State Antony Blinken made the announcement nearly a month after Russia invaded Ukraine on February 24.

  • A firefighter works at a residential district that was damaged by shelling, as Russia's invasion of Ukraine continues, in Kyiv, Ukraine. Reuters
    A firefighter works at a residential district that was damaged by shelling, as Russia's invasion of Ukraine continues, in Kyiv, Ukraine. Reuters
  • A woman removes pieces of broken glass from a shop window after a bombing in Kyiv, Ukraine. AP
    A woman removes pieces of broken glass from a shop window after a bombing in Kyiv, Ukraine. AP
  • Residents clean the street outside apartments damaged by shelling, in Kyiv, Ukraine. AP
    Residents clean the street outside apartments damaged by shelling, in Kyiv, Ukraine. AP
  • A man walks at a residential district that was damaged by shelling, as Russia's invasion of Ukraine continues, in Kyiv, Ukraine. Reuters
    A man walks at a residential district that was damaged by shelling, as Russia's invasion of Ukraine continues, in Kyiv, Ukraine. Reuters
  • Rescuers work at the site of buildings damaged by shelling, as Russia's invasion of Ukraine continues, in Mykolaiv, Ukraine. Reuters
    Rescuers work at the site of buildings damaged by shelling, as Russia's invasion of Ukraine continues, in Mykolaiv, Ukraine. Reuters
  • Launch of missiles by the coastal missile system 'Bastion' on infrastructure facilities of the Armed Forces of Ukraine from an undisclosed position in Crimea. As a result of a strike with long-range precision weapons, an arsenal with weapons and military equipment of Ukrainian troops in the village of Orzhev, 14 kilometres north-west of the city of Rivne, two Tochka-U launchers near Kiev, and eight anti-aircraft missile systems were destroyed. EPA
    Launch of missiles by the coastal missile system 'Bastion' on infrastructure facilities of the Armed Forces of Ukraine from an undisclosed position in Crimea. As a result of a strike with long-range precision weapons, an arsenal with weapons and military equipment of Ukrainian troops in the village of Orzhev, 14 kilometres north-west of the city of Rivne, two Tochka-U launchers near Kiev, and eight anti-aircraft missile systems were destroyed. EPA
  • Pictures lie amidst the rubble of former teacher Natalia's house which was was hit in a military strike, amid Russia's invasion of Ukraine, in Kyiv, Ukraine. Reuters
    Pictures lie amidst the rubble of former teacher Natalia's house which was was hit in a military strike, amid Russia's invasion of Ukraine, in Kyiv, Ukraine. Reuters
  • A Ukrainian serviceman rests at his position in Kharkiv, Ukraine. AP
    A Ukrainian serviceman rests at his position in Kharkiv, Ukraine. AP
  • A hug for a child at the railway station in Przemysl, near the Polish-Ukrainian border, as Ukrainian refugees make their way out of the war zone. AFP
    A hug for a child at the railway station in Przemysl, near the Polish-Ukrainian border, as Ukrainian refugees make their way out of the war zone. AFP
  • Displaced Ukrainians on a Poland-bound train bid farewell at Lviv, western Ukraine. AP
    Displaced Ukrainians on a Poland-bound train bid farewell at Lviv, western Ukraine. AP
  • Ukrainian servicemen rest in Kharkiv. AP
    Ukrainian servicemen rest in Kharkiv. AP
  • A car wrecked and burnt by shelling in a street in Kharkiv, Ukraine. AP
    A car wrecked and burnt by shelling in a street in Kharkiv, Ukraine. AP
  • A member of pro-Russian unit in uniform without insignia handles a mortar round at a weapons depot near Marinka, in the Donetsk region of Ukraine. Reuters
    A member of pro-Russian unit in uniform without insignia handles a mortar round at a weapons depot near Marinka, in the Donetsk region of Ukraine. Reuters
  • The aftermath of shelling in the eastern Ukrainian city of Kharkiv. EPA
    The aftermath of shelling in the eastern Ukrainian city of Kharkiv. EPA
  • Nurses in tears after Russian shelling of a psychiatric hospital in Mykolaiv, southern Ukraine. AFP
    Nurses in tears after Russian shelling of a psychiatric hospital in Mykolaiv, southern Ukraine. AFP
  • Candles and lights form a giant peace sign during the Avaaz vigil in front of the European Council and Commission buildings in Brussels, Belgium. AP
    Candles and lights form a giant peace sign during the Avaaz vigil in front of the European Council and Commission buildings in Brussels, Belgium. AP
  • A wrecked car in a ruined street in Kharkiv, Ukraine. AP
    A wrecked car in a ruined street in Kharkiv, Ukraine. AP
  • Rescue workers at an industrial building damaged by an air strike in Kyiv, Ukraine. Reuters
    Rescue workers at an industrial building damaged by an air strike in Kyiv, Ukraine. Reuters
  • The monument to the Duke of Richelieu, one of the founders of the city of Odesa, is covered by sand bags. Near by, a placard shows the building before the Russian invasion. EPA
    The monument to the Duke of Richelieu, one of the founders of the city of Odesa, is covered by sand bags. Near by, a placard shows the building before the Russian invasion. EPA
  • People clean up a room in an apartment building in Kyiv destroyed in an air raid, as Russia presses on with its invasion of Ukraine. Reuters
    People clean up a room in an apartment building in Kyiv destroyed in an air raid, as Russia presses on with its invasion of Ukraine. Reuters
  • An instructor shows citizens how to fire the weapon during a shooting training session in Ivano-Frankivsk, Ukraine. Reuters
    An instructor shows citizens how to fire the weapon during a shooting training session in Ivano-Frankivsk, Ukraine. Reuters
  • Russian troops hurl stun grenades at demonstrators protesting against the invasion, in Kherson, Ukraine. Reuters
    Russian troops hurl stun grenades at demonstrators protesting against the invasion, in Kherson, Ukraine. Reuters
  • Ukrainian servicemen stand guard at a military checkpoint in Kyiv. AFP
    Ukrainian servicemen stand guard at a military checkpoint in Kyiv. AFP
  • Ukrainian refugees Sasha Alexandra and Olena embrace shortly before being allowed to cross into the United States to seek asylum in Tijuana, Mexico. They fled their city of Dnipro this month and travelled to Germany before flying to Mexico. AFP
    Ukrainian refugees Sasha Alexandra and Olena embrace shortly before being allowed to cross into the United States to seek asylum in Tijuana, Mexico. They fled their city of Dnipro this month and travelled to Germany before flying to Mexico. AFP
  • Ukrainian President Volodymyr Zelenskyy in a broadcast speech in Kyiv, calling on citizens to 'drive the occupiers out'. EPA
    Ukrainian President Volodymyr Zelenskyy in a broadcast speech in Kyiv, calling on citizens to 'drive the occupiers out'. EPA
  • An unexploded rocket in a cemetery in Mykolaiv, southern Ukraine. AFP
    An unexploded rocket in a cemetery in Mykolaiv, southern Ukraine. AFP
  • A portrait of a young woman who died during a Russian attack, next to her fresh grave in the Mykolaiv cemetery. AFP
    A portrait of a young woman who died during a Russian attack, next to her fresh grave in the Mykolaiv cemetery. AFP
  • Tents set up for Ukrainian refugees inside a train station in Bucharest, Romania. AFP
    Tents set up for Ukrainian refugees inside a train station in Bucharest, Romania. AFP
  • Workers cover a sculpture outside the home of Lviv National Opera to protect it from damage amid fighting in Ukraine. Reuters
    Workers cover a sculpture outside the home of Lviv National Opera to protect it from damage amid fighting in Ukraine. Reuters
  • Olena, the mother of Denys Snihur, a 25-year-old soldier killed by Russian shelling in the northern town of Ovruch, mourns him at his funeral in Lviv. Reuters
    Olena, the mother of Denys Snihur, a 25-year-old soldier killed by Russian shelling in the northern town of Ovruch, mourns him at his funeral in Lviv. Reuters
  • All that is left of a shopping centre after shelling in Kyiv. AP
    All that is left of a shopping centre after shelling in Kyiv. AP
  • Civilian volunteers attend a Ukrainian Territorial Defence Forces training camp in Brovary, north-east of Kyiv. AP
    Civilian volunteers attend a Ukrainian Territorial Defence Forces training camp in Brovary, north-east of Kyiv. AP
  • Refugees at a temporary accommodation centre in a school gymnasium in Taganrog, Russia. EPA
    Refugees at a temporary accommodation centre in a school gymnasium in Taganrog, Russia. EPA
  • Oil storage tanks burn in Chernihiv, Ukraine, in a satellite image from Maxar Technologies. EPA
    Oil storage tanks burn in Chernihiv, Ukraine, in a satellite image from Maxar Technologies. EPA
  • President Joe Biden discusses the US response to Russia's invasion of Ukraine at the Business Roundtable CEO Quarterly Meeting. EPA
    President Joe Biden discusses the US response to Russia's invasion of Ukraine at the Business Roundtable CEO Quarterly Meeting. EPA
  • The wreck of a Russian military vehicle near Kharkiv. EPA
    The wreck of a Russian military vehicle near Kharkiv. EPA
  • Firefighters work at the site of a shopping centre bombing in Kyiv. Reuters
    Firefighters work at the site of a shopping centre bombing in Kyiv. Reuters
  • Seven-year-old Amellia Anisovych, a refugee from Ukraine, sings the Ukraine national anthem at the start of a fund-raising concert in Lodz, Poland. Amellia became known for singing a song from the film 'Frozen' in a bomb shelter in Kyiv. AP
    Seven-year-old Amellia Anisovych, a refugee from Ukraine, sings the Ukraine national anthem at the start of a fund-raising concert in Lodz, Poland. Amellia became known for singing a song from the film 'Frozen' in a bomb shelter in Kyiv. AP
  • People queue at the National Stadium in Warsaw to apply for ID numbers that will entitle them to work and receive free health care and education in Poland. AP
    People queue at the National Stadium in Warsaw to apply for ID numbers that will entitle them to work and receive free health care and education in Poland. AP
  • Checkout tills are damaged at a supermarket in a shopping centre that was damaged in a bombing in Kyiv. Reuters
    Checkout tills are damaged at a supermarket in a shopping centre that was damaged in a bombing in Kyiv. Reuters
  • Cars are damaged at the site of a bombing at a shopping center in Kyiv. Reuters
    Cars are damaged at the site of a bombing at a shopping center in Kyiv. Reuters
  • A woman comforts a boy while refugees wait for Ukrainian police to check their papers and belongings in Brovary, Ukraine. AP
    A woman comforts a boy while refugees wait for Ukrainian police to check their papers and belongings in Brovary, Ukraine. AP
  • A refugee family sit in front of a tent at a temporary shelter offered by the Free Christian Church in Uszka, Hungary. Getty Images
    A refugee family sit in front of a tent at a temporary shelter offered by the Free Christian Church in Uszka, Hungary. Getty Images
  • Firefighters carry a ladder across the debris following Russian shellings that destroyed the Retroville shopping mall in Kyiv. AFP
    Firefighters carry a ladder across the debris following Russian shellings that destroyed the Retroville shopping mall in Kyiv. AFP
  • A rescuer inside a shopping mall damaged by an airstrike in Kyiv. Reuters
    A rescuer inside a shopping mall damaged by an airstrike in Kyiv. Reuters

“Russia’s forces have destroyed apartment buildings, schools, hospitals, critical infrastructure, civilian vehicles, shopping centres and ambulances, leaving thousands of innocent civilians killed or wounded,” he said.

The US assessment makes specific mention of attacks on civilian infrastructure in the city of Mariupol, including an attack on a maternity hospital and a theatre sheltering civilians.

Mr Blinken added that the US would share information with allies, partners and international institutions that have the task of investigating reported war crimes and crimes against humanity.

“We are committed to pursuing accountability using every tool available, including criminal prosecutions,” said Mr Blinken, who is currently accompanying Mr Biden on a trip to Europe.

This month, the White House said Washington was collecting evidence of possible war crimes, human rights abuses and breaches of international law committed by Russia.

The International Criminal Court’s chief prosecutor Karim Khan also opened an investigation this month into Russia’s conduct in Ukraine.

“I am satisfied that there is a reasonable basis to believe that both alleged war crimes and crimes against humanity have been committed in Ukraine in relation to the events already assessed during the preliminary examination by the Office,” Mr Khan said.

Both the US and Russia are signatories to the Rome Statute of 1998 that created the International Criminal Court, but neither country is a member.

Expert input

If you had all the money in the world, what’s the one sneaker you would buy or create?

“There are a few shoes that have ‘grail’ status for me. But the one I have always wanted is the Nike x Patta x Parra Air Max 1 - Cherrywood. To get a pair in my size brand new is would cost me between Dh8,000 and Dh 10,000.” Jack Brett

“If I had all the money, I would approach Nike and ask them to do my own Air Force 1, that’s one of my dreams.” Yaseen Benchouche

“There’s nothing out there yet that I’d pay an insane amount for, but I’d love to create my own shoe with Tinker Hatfield and Jordan.” Joshua Cox

“I think I’d buy a defunct footwear brand; I’d like the challenge of reinterpreting a brand’s history and changing options.” Kris Balerite

 “I’d stir up a creative collaboration with designers Martin Margiela of the mixed patchwork sneakers, and Yohji Yamamoto.” Hussain Moloobhoy

“If I had all the money in the world, I’d live somewhere where I’d never have to wear shoes again.” Raj Malhotra

Favourite things

Luxury: Enjoys window shopping for high-end bags and jewellery

Discount: She works in luxury retail, but is careful about spending, waits for sales, festivals and only buys on discount

University: The only person in her family to go to college, Jiang secured a bachelor’s degree in business management in China

Masters: Studying part-time for a master’s degree in international business marketing in Dubai

Vacation: Heads back home to see family in China

Community work: Member of the Chinese Business Women’s Association of the UAE to encourage other women entrepreneurs

FIXTURES

All kick-off times 10.45pm UAE ( 4 GMT)

Tuesday
Mairobr v Liverpool
Spartak Moscow v Sevilla
Feyenoord v Shakhtar Donetsk
Manchester City v Napoli
Monaco v Besiktas
RB Leipzig v Porto
Apoel Nicosia v Borussia Dortmund
Real Madrid v Tottenham Hotspur

Wednesday
Benfica v Manchester United
CSKA Moscow v Basel
Bayern Munich v Celtic
Anderlecht v Paris Saint-Germain
Qarabag v Atletico Madrid
Chelsea v Roma
Barcelona v Olympiakos
Juventus v Sporting Lisbon

UK%20-%20UAE%20Trade
%3Cp%3ETotal%20trade%20in%20goods%20and%20services%20(exports%20plus%20imports)%20between%20the%20UK%20and%20the%20UAE%20in%202022%20was%20%C2%A321.6%20billion%20(Dh98%20billion).%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3C%2Fp%3E%0A%3Cp%3EThis%20is%20an%20increase%20of%2063.0%20per%20cent%20or%20%C2%A38.3%20billion%20in%20current%20prices%20from%20the%20four%20quarters%20to%20the%20end%20of%202021.%3C%2Fp%3E%0A%3Cp%3E%C2%A0%3C%2Fp%3E%0A%3Cp%3EThe%20UAE%20was%20the%20UK%E2%80%99s%2019th%20largest%20trading%20partner%20in%20the%20four%20quarters%20to%20the%20end%20of%20Q4%202022%20accounting%20for%201.3%20per%20cent%20of%20total%20UK%20trade.%3C%2Fp%3E%0A
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

How to wear a kandura

Dos

  • Wear the right fabric for the right season and occasion 
  • Always ask for the dress code if you don’t know
  • Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work 
  • Wear 100 per cent cotton under the kandura as most fabrics are polyester

Don’ts 

  • Wear hamdania for work, always wear a ghutra and agal 
  • Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying

Ammar 808:
Maghreb United

Sofyann Ben Youssef
Glitterbeat 

Walls

Louis Tomlinson

3 out of 5 stars

(Syco Music/Arista Records)

TOURNAMENT INFO

Women’s World Twenty20 Qualifier

Jul 3- 14, in the Netherlands
The top two teams will qualify to play at the World T20 in the West Indies in November

UAE squad
Humaira Tasneem (captain), Chamani Seneviratne, Subha Srinivasan, Neha Sharma, Kavisha Kumari, Judit Cleetus, Chaya Mughal, Roopa Nagraj, Heena Hotchandani, Namita D’Souza, Ishani Senevirathne, Esha Oza, Nisha Ali, Udeni Kuruppuarachchi

Joy%20Ride%20
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Adele%20Lim%3Cbr%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3EAshley%20Park%2C%20Sherry%20Cola%2C%20Stephanie%20Hsu%2C%20Sabrina%20Wu%3Cbr%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E4%2F5%3C%2Fp%3E%0A
Second ODI

England 322-7 (50 ovs)
India 236 (50 ovs)

England win by 86 runs

Next match: Tuesday, July 17, Headingley 

Vikram%20Vedha
%3Cp%3E%3Cstrong%3EDirectors%3A%3C%2Fstrong%3E%20Gayatri%2C%20Pushkar%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Hrithik%20Roshan%2C%20Saif%20Ali%20Khan%2C%20Radhika%20Apte%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%C2%A0%3C%2Fstrong%3E3.5%2F5%3C%2Fp%3E%0A
SPEC%20SHEET%3A%20NOTHING%20PHONE%20(2A)
%3Cp%3E%3Cstrong%3EDisplay%3A%3C%2Fstrong%3E%206.7-inch%20flexible%20Amoled%2C%202%2C412%20x%201%2C080%2C%20394ppi%2C%20120Hz%2C%20Corning%20Gorilla%20Glass%205%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EProcessor%3A%3C%2Fstrong%3E%20MediaTek%20Dimensity%207%2C200%20Pro%2C%204nm%2C%20octa-core%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMemory%3A%3C%2Fstrong%3E%208%2F12GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECapacity%3A%3C%2Fstrong%3E%20128%2F256GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPlatform%3A%3C%2Fstrong%3E%20Android%2014%2C%20Nothing%20OS%202.5%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMain%20camera%3A%3C%2Fstrong%3E%20Dual%2050MP%20main%2C%20f%2F1.88%20%2B%2050MP%20ultra-wide%2C%20f%2F2.2%3B%20OIS%2C%20EIS%2C%20auto-focus%2C%20ultra%20XDR%2C%20night%20mode%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMain%20camera%20video%3A%3C%2Fstrong%3E%204K%20%40%2030fps%2C%20full-HD%20%40%2060fps%3B%20slo-mo%20full-HD%20at%20120fps%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFront%20camera%3A%3C%2Fstrong%3E%2032MP%20wide%2C%20f%2F2.2%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBattery%3A%3C%2Fstrong%3E%205%2C000mAh%3B%2050%25%20in%2030%20minutes%20with%2045-watt%20charger%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EConnectivity%3A%3C%2Fstrong%3E%20Wi-Fi%2C%20Bluetooth%205.3%2C%20NFC%20(Google%20Pay)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBiometrics%3A%3C%2Fstrong%3E%20Fingerprint%2C%20face%20unlock%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EI%2FO%3A%3C%2Fstrong%3E%20USB-C%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EDurability%3A%3C%2Fstrong%3E%20IP54%2C%20limited%20protection%20from%20water%2Fdust%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECards%3A%3C%2Fstrong%3E%20Dual-nano%20SIM%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EColours%3A%3C%2Fstrong%3E%20Black%2C%20milk%2C%20white%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIn%20the%20box%3A%3C%2Fstrong%3E%20Nothing%20Phone%20(2a)%2C%20USB-C-to-USB-C%20cable%2C%20pre-applied%20screen%20protector%2C%20Sim%20tray%20ejector%20tool%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%20(UAE)%3A%3C%2Fstrong%3E%20Dh1%2C199%20(8GB%2F128GB)%20%2F%20Dh1%2C399%20(12GB%2F256GB)%3C%2Fp%3E%0A
Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
On sale: Now
Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)
UAE SQUAD FOR ASIAN JIU-JITSU CHAMPIONSHIP

Men’s squad: Faisal Al Ketbi, Omar Al Fadhli, Zayed Al Kathiri, Thiab Al Nuaimi, Khaled Al Shehhi, Mohamed Ali Al Suwaidi, Farraj Khaled Al Awlaqi, Muhammad Al Ameri, Mahdi Al Awlaqi, Saeed Al Qubaisi, Abdullah Al Qubaisi and Hazaa Farhan

Women's squad: Hamda Al Shekheili, Shouq Al Dhanhani, Balqis Abdullah, Sharifa Al Namani, Asma Al Hosani, Maitha Sultan, Bashayer Al Matrooshi, Maha Al Hanaei, Shamma Al Kalbani, Haya Al Jahuri, Mahra Mahfouz, Marwa Al Hosani, Tasneem Al Jahoori and Maryam Al Amri

Mina Cup winners

Under 12 – Minerva Academy

Under 14 – Unam Pumas

Under 16 – Fursan Hispania

Under 18 – Madenat

ARABIAN GULF LEAGUE FIXTURES

Thursday, September 21
Al Dahfra v Sharjah (kick-off 5.35pm)
Al Wasl v Emirates (8.30pm)

Friday, September 22
Dibba v Al Jazira (5.25pm)
Al Nasr v Al Wahda (8.30pm)

Saturday, September 23
Hatta v Al Ain (5.25pm)
Ajman v Shabab Al Ahli (8.30pm)

UAE currency: the story behind the money in your pockets
RESULT

Arsenal 1 Chelsea 2
Arsenal:
Aubameyang (13')
Chelsea: Jorginho (83'), Abraham (87') 

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.”

Updated: March 23, 2022, 11:37 PM