US to send Ukraine another $800m in military aid


Thomas Watkins
  • English
  • Arabic

Live updates: follow the latest news on Russia-Ukraine

President Joe Biden on Wednesday announced an additional $800 million in US security aid for Ukraine that will include helicopters, armoured personnel carriers and artillery systems, marking a deepening American military commitment toward the war-torn country.

The latest tranche of materiel means the US has sent nearly $2 billion in military assistance to Ukraine since Russia invaded on February 24.

"The Ukrainian military has used the weapons we are providing to devastating effect," Mr Biden said in a statement.

"As Russia prepares to intensify its attack in the Donbas region, the United States will continue to provide Ukraine with the capabilities to defend itself."

The latest package will for the first time include 18 155 mm Howitzer artillery systems, Pentagon spokesman John Kirby said.

The US will also send 10 counter-artillery radar systems, 200 M113 armoured personnel carriers, 100 Humvees and 300 more Switchblade drones, according to a list released by the Pentagon. Ukrainians will need some training on radars and artillery systems, Mr Kirby said.

The Pentagon will also send unmanned surface vessels for coastal defence as well as individual chemical-biological protective suits and detection systems.

Mr Biden made the announcement after speaking with Ukrainian President Volodymyr Zelenskyy, who has for weeks been pushing western nations to quickly increase weapons supplies.

The White House said last week that it has provided more than $1.7 billion in security assistance to Ukraine since the February 24 invasion of Ukraine that Russia calls a “special military operation.”

Previous weapons shipments have included defensive anti-aircraft Stinger and anti-tank Javelin missiles, as well as ammunition and body armour.

Mr Biden said the steady supply of western weapons to Ukraine has been "critical" in sustaining its fight against the Russian invasion.

It has helped ensure that Russian President Vladimir Putin "failed in his initial war aims to conquer and control Ukraine," Mr Biden added.

At the Pentagon, a senior US defence official said another delivery of Javelin missiles was set to arrive in Ukraine in the next 24 hours.

The US also helped "two airlift deliveries from two different nations," the official said elaborating.

Russia has now fired more than 1,550 missiles into Ukraine and assessed that the city of Mariupol remains contested, the official said.

"We still hold that Ukrainian forces are in Mariupol and they're defending it," the official said.

Following seven weeks of fighting, the US official continued to point to low morale on the Russian side.

"We do have indications... of frustration, not only at the enlisted level, with what they're being asked to do, but with their officers, their leadership, frustrated with their troops performance, frustrated with their colleagues performance," the official said.

The new shipment of aid will add to more than $2.4 billion in security assistance the US has provided to Ukraine since MrBiden took office last year, including more than $1.7 billion since Russia invaded Ukraine on February 24.

Agencies contributed to this report

  • A boy rides a bicycle past a house that was damaged by shelling in Andriivka village, not far from Kyiv. EPA
    A boy rides a bicycle past a house that was damaged by shelling in Andriivka village, not far from Kyiv. EPA
  • A destroyed residential building in Mariupol, south-eastern Ukraine. Reuters
    A destroyed residential building in Mariupol, south-eastern Ukraine. Reuters
  • Firefighters at work on the outskirts of Kharkiv, north-east Ukraine. EPA
    Firefighters at work on the outskirts of Kharkiv, north-east Ukraine. EPA
  • A torn Ukrainian flag in front of a ruined Mariupol apartment building. Reuters
    A torn Ukrainian flag in front of a ruined Mariupol apartment building. Reuters
  • Residents who cleared debris after Russian shelling eat lunch outside a damaged building in Makariv, near Kyiv. EPA
    Residents who cleared debris after Russian shelling eat lunch outside a damaged building in Makariv, near Kyiv. EPA
  • Children play with a therapeutic dog at a shelter organised by volunteers in Zaporizhzhya, Ukraine. Reuters
    Children play with a therapeutic dog at a shelter organised by volunteers in Zaporizhzhya, Ukraine. Reuters
  • A girl stands by the door of a bunker in Severodonetsk, in eastern Ukraine's Donbas region, as Russian troops intensify a campaign to take the strategic port city of Mariupol. AFP
    A girl stands by the door of a bunker in Severodonetsk, in eastern Ukraine's Donbas region, as Russian troops intensify a campaign to take the strategic port city of Mariupol. AFP
  • A firefighter at work following a missile attack near Kharkiv International Airport. Reuters
    A firefighter at work following a missile attack near Kharkiv International Airport. Reuters
  • A Ukrainian fighter walks in front of a destroyed house in Bohdanivka village, north-east of Kyiv. AFP
    A Ukrainian fighter walks in front of a destroyed house in Bohdanivka village, north-east of Kyiv. AFP
  • Two women hug outside a heavily damaged apartment block following an artillery attack in Kharkiv. Reuters
    Two women hug outside a heavily damaged apartment block following an artillery attack in Kharkiv. Reuters
  • Ukrainian soldiers guard the village of Barvinkove, as Russia's invasion on Ukraine continues. Reuters
    Ukrainian soldiers guard the village of Barvinkove, as Russia's invasion on Ukraine continues. Reuters
  • Leonid Serdiuchenko, a Ukrainian commander, stands next to destroyed vehicles outside Barvinkove. Reuters
    Leonid Serdiuchenko, a Ukrainian commander, stands next to destroyed vehicles outside Barvinkove. Reuters
  • A woman carries the portrait of Dmytro Stefienko, 32, a civilian killed during the war, during his funeral in Bucha, Ukraine. AP
    A woman carries the portrait of Dmytro Stefienko, 32, a civilian killed during the war, during his funeral in Bucha, Ukraine. AP
  • A Russian soldier collects weapons from inside the Mariupol drama theatre in Ukraine. AFP
    A Russian soldier collects weapons from inside the Mariupol drama theatre in Ukraine. AFP
  • Relatives and friends attend the funeral of Andriy Matviychuk, 37, who served as a territorial defence soldier, who was captured and killed by the Russian army in Bucha, Ukraine. AP
    Relatives and friends attend the funeral of Andriy Matviychuk, 37, who served as a territorial defence soldier, who was captured and killed by the Russian army in Bucha, Ukraine. AP
  • Anatoliy Morykin, 45, left, mourns the death of his mother, Valentyna Morykina, 82, who died in a retirement home in Bucha during the Russian invasion. AP
    Anatoliy Morykin, 45, left, mourns the death of his mother, Valentyna Morykina, 82, who died in a retirement home in Bucha during the Russian invasion. AP
  • Nadiya, 65, shows a hole in a wall of a building after shelling in Zalissya, Ukraine. EPA
    Nadiya, 65, shows a hole in a wall of a building after shelling in Zalissya, Ukraine. EPA
  • A booby trap found by locals near their home in Zalissya. EPA
    A booby trap found by locals near their home in Zalissya. EPA
  • Debris of a school bus near a damaged school that was a base for Russian troops in Bohdanivka, Ukraine. EPA
    Debris of a school bus near a damaged school that was a base for Russian troops in Bohdanivka, Ukraine. EPA
  • A man examines the debris of a destroyed Russian tank in Bohdanivka. EPA
    A man examines the debris of a destroyed Russian tank in Bohdanivka. EPA
  • President Joe Biden speaks to the media before boarding Air Force One at Des Moines International Airport, en route to Washington. AP
    President Joe Biden speaks to the media before boarding Air Force One at Des Moines International Airport, en route to Washington. AP
  • Valentina Saroyan sits in the basement of a school in Yahidne, near Chernihiv, Ukraine. AP
    Valentina Saroyan sits in the basement of a school in Yahidne, near Chernihiv, Ukraine. AP
  • Vasyl Cherepenko stands next to a mass grave at a cemetery in Yahidne, near Dnipro, Ukraine. AP
    Vasyl Cherepenko stands next to a mass grave at a cemetery in Yahidne, near Dnipro, Ukraine. AP
  • Oksana, second from left, and Yevhen, right, talk with police officers next to their apartment building damaged by shelling in Irpin, Ukraine. AP
    Oksana, second from left, and Yevhen, right, talk with police officers next to their apartment building damaged by shelling in Irpin, Ukraine. AP
  • Women bid farewell to relatives as they leave the Slovyansk central station in the Donbas region. AFP
    Women bid farewell to relatives as they leave the Slovyansk central station in the Donbas region. AFP
  • The partially destroyed Mariupol drama theatre in Ukraine, hit on March 16 by an air strike. AFP
    The partially destroyed Mariupol drama theatre in Ukraine, hit on March 16 by an air strike. AFP
  • A man embraces his wife as she prepares to board a train at Slovyansk central station in the Donbas region. AFP
    A man embraces his wife as she prepares to board a train at Slovyansk central station in the Donbas region. AFP
  • A woman walks through a damaged apartment building after a Russian attack in Kharkiv, Ukraine. AP
    A woman walks through a damaged apartment building after a Russian attack in Kharkiv, Ukraine. AP
  • A missile pierces the road in front of the Kharkiv Regional State Administration building amid Russia's attack on Ukraine. Reuters
    A missile pierces the road in front of the Kharkiv Regional State Administration building amid Russia's attack on Ukraine. Reuters
  • A boy walks by unexploded Russian shells in the village of Andriyivka close to Kyiv, Ukraine. AP
    A boy walks by unexploded Russian shells in the village of Andriyivka close to Kyiv, Ukraine. AP
  • Ukrainian tanks move down a street in Irpin, on the outskirts of Kyiv. AP
    Ukrainian tanks move down a street in Irpin, on the outskirts of Kyiv. AP
  • A man walks past a storage place for burned armed vehicles and cars, on the outskirts of Kyiv. AP
    A man walks past a storage place for burned armed vehicles and cars, on the outskirts of Kyiv. AP
  • Local residents stand on top of a Russian tank on the outskirts of Kyiv. AP
    Local residents stand on top of a Russian tank on the outskirts of Kyiv. AP
  • Ukrainian families, who have fled Kherson amid the Russian invasion, watch a dolphin show at a hotel in Odesa, Ukraine. Reuters
    Ukrainian families, who have fled Kherson amid the Russian invasion, watch a dolphin show at a hotel in Odesa, Ukraine. Reuters
  • Residents stand outside their apartments as shops burn after a Russian attack in Kharkiv, Ukraine. AP
    Residents stand outside their apartments as shops burn after a Russian attack in Kharkiv, Ukraine. AP
  • Irina Szymanska holds her baby in a temporary shelter at the central train station for displaced people heading to Poland in Lviv, Ukraine. Getty Images
    Irina Szymanska holds her baby in a temporary shelter at the central train station for displaced people heading to Poland in Lviv, Ukraine. Getty Images
  • A man walks in his yard, damaged by shelling, in the village of Andriivka, Ukraine. EPA
    A man walks in his yard, damaged by shelling, in the village of Andriivka, Ukraine. EPA
  • Sixty-two-year-old Luba hugs a Ukrainian servicewoman in Andriivka. EPA
    Sixty-two-year-old Luba hugs a Ukrainian servicewoman in Andriivka. EPA
  • A woman washes clothes in the yard of a ruined house in Andriivka. EPA
    A woman washes clothes in the yard of a ruined house in Andriivka. EPA
  • Russian soldiers patrol a street in Volnovakha, in the self-proclaimed Donetsk People's Republic. The picture was taken during a trip organised by the Russian military. AFP
    Russian soldiers patrol a street in Volnovakha, in the self-proclaimed Donetsk People's Republic. The picture was taken during a trip organised by the Russian military. AFP
  • Russian mine clearers search for explosive objects in a building the Russian authorities say was damaged by Ukrainian shelling. AFP
    Russian mine clearers search for explosive objects in a building the Russian authorities say was damaged by Ukrainian shelling. AFP
  • A woman reads a book as residents find shelter from shelling in a metro station in Kharkiv. Reuters
    A woman reads a book as residents find shelter from shelling in a metro station in Kharkiv. Reuters
  • Firefighters try to contain a fire at a plant in Kharkiv following Russian shelling. Reuters
    Firefighters try to contain a fire at a plant in Kharkiv following Russian shelling. Reuters
  • Farm owner Zlobina Lubov tends to her animals in the village of Malaya Rohan, Ukraine. Reuters
    Farm owner Zlobina Lubov tends to her animals in the village of Malaya Rohan, Ukraine. Reuters
  • A bathtub is seen inside a building that was heavily damaged by shelling in Kharkiv. Reuters
    A bathtub is seen inside a building that was heavily damaged by shelling in Kharkiv. Reuters
  • A man looks out of his window, amid Russia's invasion of Ukraine, in Borodianka. Reuters
    A man looks out of his window, amid Russia's invasion of Ukraine, in Borodianka. Reuters
  • Soldiers 'came to my house and said go to the basement' Zinaida Makishaiva, 82, said, before they started to shoot around her. 'God saved my life,' she said. Reuters
    Soldiers 'came to my house and said go to the basement' Zinaida Makishaiva, 82, said, before they started to shoot around her. 'God saved my life,' she said. Reuters
  • A mother waits for police officers to exhume the body of her son from a well at a fuel station in Buzova, Kyiv region. According to the head of the village, he was killed by Russian soldiers. Reuters
    A mother waits for police officers to exhume the body of her son from a well at a fuel station in Buzova, Kyiv region. According to the head of the village, he was killed by Russian soldiers. Reuters

Arabian Gulf League fixtures:

Friday:

  • Emirates v Hatta, 5.15pm
  • Al Wahda v Al Dhafra, 5.25pm
  • Al Ain v Shabab Al Ahli Dubai, 8.15pm

Saturday:

  • Dibba v Ajman, 5.15pm
  • Sharjah v Al Wasl, 5.20pm
  • Al Jazira v Al Nasr, 8.15pm
Analysis

Members of Syria's Alawite minority community face threat in their heartland after one of the deadliest days in country’s recent history. Read more

Turkish Ladies

Various artists, Sony Music Turkey 

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 

Gulf Under 19s final

Dubai College A 50-12 Dubai College B

RESULTS

5pm: Sheikh Mansour bin Zayed Al Nahyan Racing Festival Purebred Arabian Cup Conditions (PA) Dh 200,000 (Turf) 1,600m
Winner: Hameem, Adrie de Vries (jockey), Abdallah Al Hammadi (trainer)
5.30pm: Sheikha Fatima bint Mubarak Cup Conditions (PA) Dh 200,000 (T) 1,600m
Winner: Winked, Connor Beasley, Abdallah Al Hammadi
6pm: Sheikh Sultan bin Zayed Al Nahyan National Day Cup Listed (TB) Dh 380,000 (T) 1,600m
Winner: Boerhan, Ryan Curatolo, Nicholas Bachalard
6.30pm: Sheikh Sultan bin Zayed Al Nahyan National Day Group 3 (PA) Dh 500,000 (T) 1,600m
Winner: AF Alwajel, Tadhg O’Shea, Ernst Oertel
7pm: Sheikh Sultan bin Zayed Al Nahyan National Day Jewel Crown Group 1 (PA) Dh 5,000,000 (T) 2,200m
Winner: Messi, Pat Dobbs, Timo Keersmaekers
7.30pm: Sheikh Mansour bin Zayed Al Nahyan Racing Festival Handicap (PA) Dh 150,000 (T) 1,400m
Winner: Harrab, Ryan Curatolo, Jean de Roualle
8pm: Wathba Stallions Cup Handicap (PA) Dh 100,000 (T) 1,400m
Winner: AF Alareeq, Connor Beasley, Ahmed Al Mehairbi

Heather, the Totality
Matthew Weiner,
Canongate 

So what is Spicy Chickenjoy?

Just as McDonald’s has the Big Mac, Jollibee has Spicy Chickenjoy – a piece of fried chicken that’s crispy and spicy on the outside and comes with a side of spaghetti, all covered in tomato sauce and topped with sausage slices and ground beef. It sounds like a recipe that a child would come up with, but perhaps that’s the point – a flavourbomb combination of cheap comfort foods. Chickenjoy is Jollibee’s best-selling product in every country in which it has a presence.
 

Know before you go
  • Jebel Akhdar is a two-hour drive from Muscat airport or a six-hour drive from Dubai. It’s impossible to visit by car unless you have a 4x4. Phone ahead to the hotel to arrange a transfer.
  • If you’re driving, make sure your insurance covers Oman.
  • By air: Budget airlines Air Arabia, Flydubai and SalamAir offer direct routes to Muscat from the UAE.
  • Tourists from the Emirates (UAE nationals not included) must apply for an Omani visa online before arrival at evisa.rop.gov.om. The process typically takes several days.
  • Flash floods are probable due to the terrain and a lack of drainage. Always check the weather before venturing into any canyons or other remote areas and identify a plan of escape that includes high ground, shelter and parking where your car won’t be overtaken by sudden downpours.

 

The specs

Engine: 4.0-litre V8 twin-turbocharged and three electric motors

Power: Combined output 920hp

Torque: 730Nm at 4,000-7,000rpm

Transmission: 8-speed dual-clutch automatic

Fuel consumption: 11.2L/100km

On sale: Now, deliveries expected later in 2025

Price: expected to start at Dh1,432,000

Specs

Engine: Dual-motor all-wheel-drive electric

Range: Up to 610km

Power: 905hp

Torque: 985Nm

Price: From Dh439,000

Available: Now

Gully Boy

Director: Zoya Akhtar
Producer: Excel Entertainment & Tiger Baby
Cast: Ranveer Singh, Alia Bhatt, Kalki Koechlin, Siddhant Chaturvedi​​​​​​​
Rating: 4/5 stars

Company%20Profile
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Ovasave%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%20November%202022%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Majd%20Abu%20Zant%20and%20Torkia%20Mahloul%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Abu%20Dhabi%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20Healthtech%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%20Three%20employees%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Pre-seed%3Cbr%3E%3Cstrong%3EInvestment%3A%3C%2Fstrong%3E%20%24400%2C000%3C%2Fp%3E%0A
RESULTS

5pm: Maiden (PA) Dh80,000 1,400m
Winner: JAP Almahfuz, Fernando Jara (jockey), Irfan Ellahi (trainer).

5.30pm: Handicap (PA) Dh90,000 1,400m​​​​​​​
Winner: AF Momtaz, Antonio Fresu, Musabah Al Muhairi.

6pm: Handicap (TB) Dh100,000 1,400m​​​​​​​
Winner: Yaalail, Fernando Jara, Ali Rashid Al Raihe.

6.30pm: Abu Dhabi Championship Listed (PA) Dh180,000 1,600m​​​​​​​
Winner: Ihtesham, Szczepan Mazur, Ibrahim Al Hadhrami.

7pm: Wathba Stallions Cup Handicap (PA) Dh70,000 1,600m​​​​​​​
Winner: Dahess D’Arabie, Fernando Jara, Helal Al Alawi.

7.30pm: Maiden (PA) Dh80,000 2.200m
​​​​​​​Winner: Ezz Al Rawasi, Connor Beasley, Helal Al Alawi.

Armies of Sand

By Kenneth Pollack (Oxford University Press)
 

Jetour T1 specs

Engine: 2-litre turbocharged

Power: 254hp

Torque: 390Nm

Price: From Dh126,000

Available: Now

Getting there
Flydubai flies direct from Dubai to Tbilisi from Dh1,025 return including taxes

The biog

Born: near Sialkot, Pakistan, 1981

Profession: Driver

Family: wife, son (11), daughter (8)

Favourite drink: chai karak

Favourite place in Dubai: The neighbourhood of Khawaneej. “When I see the old houses over there, near the date palms, I can be reminded of my old times. If I don’t go down I cannot recall my old times.”

The Vile

Starring: Bdoor Mohammad, Jasem Alkharraz, Iman Tarik, Sarah Taibah

Director: Majid Al Ansari

Rating: 4/5

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

UNpaid bills:

Countries with largest unpaid bill for UN budget in 2019

USA – $1.055 billion

Brazil – $143 million

Argentina – $52 million

Mexico – $36 million

Iran – $27 million

Israel – $18 million

Venezuela – $17 million

Korea – $10 million

Countries with largest unpaid bill for UN peacekeeping operations in 2019

USA – $2.38 billion

Brazil – $287 million

Spain – $110 million

France – $103 million

Ukraine – $100 million

 

Yuki Means Happiness
Alison Jean Lester
John Murray 

THE BIO

Favourite author - Paulo Coelho 

Favourite holiday destination - Cuba 

New York Times or Jordan Times? NYT is a school and JT was my practice field

Role model - My Grandfather 

Dream interviewee - Che Guevara

The specs

Engine: Two permanent-magnet synchronous AC motors

Transmission: two-speed

Power: 671hp

Torque: 849Nm

Range: 456km

Price: from Dh437,900 

On sale: now

'Lost in Space'

Creators: Matt Sazama, Burk Sharpless, Irwin Allen

Stars: Molly Parker, Toby Stephens, Maxwell Jenkins

Rating: 4/5

Leap of Faith

Michael J Mazarr

Public Affairs

Dh67
 

THURSDAY'S ORDER OF PLAY

Centre Court

Starting at 10am:

Lucrezia Stefanini v Elena Rybakina (6)

Aryna Sabalenka (4) v Polona Hercog

Sofia Kenin (1) v Zhaoxuan Yan

Kristina Mladenovic v Garbine Muguruza (5)

Sorana Cirstea v Karolina Pliskova (3)

Jessica Pegula v Elina Svitolina (2)

Court 1

Starting at 10am:

Sara Sorribes Tormo v Nadia Podoroska

Marketa Vondrousova v Su-Wei Hsieh

Elise Mertens (7) v Alize Cornet

Tamara Zidansek v Jennifer Brady (11)

Heather Watson v Jodie Burrage

Vera Zvonareva v Amandine Hesse

Court 2

Starting at 10am:

Arantxa Rus v Xiyu Wang

Maria Kostyuk v Lucie Hradecka

Karolina Muchova v Danka Kovinic

Cori Gauff v Ulrikke Eikeri

Mona Barthel v Anastasia Gasanova

Court 3

Starting at 10am:

Kateryna Bondarenko v Yafan Wang

Aliaksandra Sasnovich v Anna Bondar

Bianca Turati v Yaroslava Shvedova

MATCH INFO

Champions League quarter-final, first leg

Manchester United v Barcelona, Wednesday, 11pm (UAE)

Match on BeIN Sports

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: April 13, 2022, 9:12 PM