• Demonstrators chant slogans during the March of Solidarity for Iran in Washington. AFP
    Demonstrators chant slogans during the March of Solidarity for Iran in Washington. AFP
  • Another group of demonstrators at the march. AFP
    Another group of demonstrators at the march. AFP
  • A protest in support of Iranian women in Barcelona. Reuters
    A protest in support of Iranian women in Barcelona. Reuters
  • Iranian citizens and locals joined in the Barcelona protest. Reuters
    Iranian citizens and locals joined in the Barcelona protest. Reuters
  • People attend a demonstration in solidarity with Mahsa Amini and other Iranian women in Castello Square, Turin. EPA
    People attend a demonstration in solidarity with Mahsa Amini and other Iranian women in Castello Square, Turin. EPA
  • A person places a candle during the demonstration in Turin. EPA
    A person places a candle during the demonstration in Turin. EPA
  • A protester holds a pre-Islamic Revolution Iranian flag during a demonstration in Brussels in support of the Iranians fighting for their freedom. AFP
    A protester holds a pre-Islamic Revolution Iranian flag during a demonstration in Brussels in support of the Iranians fighting for their freedom. AFP
  • A protester wearing a top with a logo that reads 'No to an Islamic state" as she takes part in a rally in support of the Iranian people, in Brussels. AFP
    A protester wearing a top with a logo that reads 'No to an Islamic state" as she takes part in a rally in support of the Iranian people, in Brussels. AFP
  • People wave the Shah-era Iranian flag during a protest in Paris. AFP
    People wave the Shah-era Iranian flag during a protest in Paris. AFP
  • A woman shows her true colours in the protest against the Iranian government, in Paris. AFP
    A woman shows her true colours in the protest against the Iranian government, in Paris. AFP
  • A woman holds a flag, as people protest against the Iranian regime outside Iran's embassy in central London. Reuters
    A woman holds a flag, as people protest against the Iranian regime outside Iran's embassy in central London. Reuters
  • Supporters of the Kurdistan Workers' Party (PKK) carry placards and wave party flags in Beirut, during a protest against the death of Ms Amini. EPA
    Supporters of the Kurdistan Workers' Party (PKK) carry placards and wave party flags in Beirut, during a protest against the death of Ms Amini. EPA
  • People demonstrate against the Iranian government outside the Houses of Parliament in London following the death of Amini. Reuters
    People demonstrate against the Iranian government outside the Houses of Parliament in London following the death of Amini. Reuters
  • A mural in Paris depicts women cutting their hair to show support for Iranian protesters. AP
    A mural in Paris depicts women cutting their hair to show support for Iranian protesters. AP
  • People take part in a rally against the Iranian government in Vancouver, Canada, on Saturday. AP
    People take part in a rally against the Iranian government in Vancouver, Canada, on Saturday. AP
  • Protesters take to the streets of Tehran. EPA
    Protesters take to the streets of Tehran. EPA
  • Iranian protesters run after clashing with with police. EPA
    Iranian protesters run after clashing with with police. EPA
  • A protester shaves their head outside the Houses of Parliament in London. Reuters
    A protester shaves their head outside the Houses of Parliament in London. Reuters
  • Iranians living in Athens hold a protest in solidarity. AFP
    Iranians living in Athens hold a protest in solidarity. AFP
  • People take part in a rally in The Hague. AFP
    People take part in a rally in The Hague. AFP
  • A woman cuts her hair during a demonstration in Santiago, Chile, by feminist groups and Iranian migrants in support of Iranian women following the death of Amini. AFP
    A woman cuts her hair during a demonstration in Santiago, Chile, by feminist groups and Iranian migrants in support of Iranian women following the death of Amini. AFP
  • Members of feminist groups and Iranian migrants during the protests in Santiago. AFP
    Members of feminist groups and Iranian migrants during the protests in Santiago. AFP
  • Iranian activists shout slogans during a protest against the government in Tehran, in Amsterdam, The Netherlands. EPA
    Iranian activists shout slogans during a protest against the government in Tehran, in Amsterdam, The Netherlands. EPA
  • A protester holds a painted portrait of Mahsa Amini in Berlin, Germany. EPA
    A protester holds a painted portrait of Mahsa Amini in Berlin, Germany. EPA
  • A protester shows red paint on her face, resembling blood splatters and bloody handprints next to the national Iranian emblem, during a rally in Berlin. EPA
    A protester shows red paint on her face, resembling blood splatters and bloody handprints next to the national Iranian emblem, during a rally in Berlin. EPA
  • Iranian protesters shout slogan during a protest in Istanbul, Turkey. EPA
    Iranian protesters shout slogan during a protest in Istanbul, Turkey. EPA
  • A woman holds a sign during a protest against the Iranian government, in front of the country's embassy in Madrid, Spain. The protests were triggered by the death of a young Iranian woman, Mahsa Amini, in police custody. Reuters
    A woman holds a sign during a protest against the Iranian government, in front of the country's embassy in Madrid, Spain. The protests were triggered by the death of a young Iranian woman, Mahsa Amini, in police custody. Reuters
  • A woman cuts her hair during the protest in front of the Iranian embassy in Madrid. Reuters
    A woman cuts her hair during the protest in front of the Iranian embassy in Madrid. Reuters
  • Israelis show their support for women in Iran as they hold up placards of Amini during a protest in Jerusalem. EPA
    Israelis show their support for women in Iran as they hold up placards of Amini during a protest in Jerusalem. EPA
  • Amini, 22, was arrested in Tehran on September 13, 2022, by the morality police. She fell into a coma while in police custody and was declared dead on September 16. EPA
    Amini, 22, was arrested in Tehran on September 13, 2022, by the morality police. She fell into a coma while in police custody and was declared dead on September 16. EPA
  • People walk by graffiti in support of the protests triggered by Amini's death, in Jerusalem. EPA
    People walk by graffiti in support of the protests triggered by Amini's death, in Jerusalem. EPA
  • A protest in Nantes, western France, after the death of Amini in Iranian police custody. AFP
    A protest in Nantes, western France, after the death of Amini in Iranian police custody. AFP
  • Women gather for a demonstration in Barcelona, Spain. AFP
    Women gather for a demonstration in Barcelona, Spain. AFP
  • Demonstrators in Nantes. Amini's death has sparked a global protest movement. AFP
    Demonstrators in Nantes. Amini's death has sparked a global protest movement. AFP
  • Women protest outside the town hall in in Montpellier, southern France. AFP
    Women protest outside the town hall in in Montpellier, southern France. AFP
  • A woman at a protest in Catalunya Square, Barcelona. Reuters
    A woman at a protest in Catalunya Square, Barcelona. Reuters
  • Campaigners and football fans protest at a Champions League match between Porto and Bayer Leverkusen at the Dragao stadium in Portugal. EPA
    Campaigners and football fans protest at a Champions League match between Porto and Bayer Leverkusen at the Dragao stadium in Portugal. EPA
  • People hold placards during a demonstration in solidarity with the Iranian people near the European Parliament in Strasbourg, France. EPA
    People hold placards during a demonstration in solidarity with the Iranian people near the European Parliament in Strasbourg, France. EPA
  • An Iranian woman living in Turkey with 'Freedom' written on her forehead takes part in a protest near the Iranian consulate in Istanbul. Reuters
    An Iranian woman living in Turkey with 'Freedom' written on her forehead takes part in a protest near the Iranian consulate in Istanbul. Reuters
  • In Barcelona, protesters take part in a demonstration in support of Iranian women. AFP
    In Barcelona, protesters take part in a demonstration in support of Iranian women. AFP
  • A Lebanese activist takes part in a protest in Beirut, triggered by the death of Amini, 22. AP
    A Lebanese activist takes part in a protest in Beirut, triggered by the death of Amini, 22. AP
  • A Turkish protester takes off her head scarf while giving a performance in Instanbul during a protest against Iran over Amini's death. Getty
    A Turkish protester takes off her head scarf while giving a performance in Instanbul during a protest against Iran over Amini's death. Getty
  • A woman in Istanbul cuts her hair during a protest against Iran. Getty
    A woman in Istanbul cuts her hair during a protest against Iran. Getty
  • A Lebanese activist holds a poster depicting Amini during a protest in Beirut organised by feminist groups in support of women protesters in Iran. EPA
    A Lebanese activist holds a poster depicting Amini during a protest in Beirut organised by feminist groups in support of women protesters in Iran. EPA
  • Demonstrators in Los Angeles, California, hold the Iranian flag during a protest against the government in Tehran. AFP
    Demonstrators in Los Angeles, California, hold the Iranian flag during a protest against the government in Tehran. AFP
  • Demonstrators hold placards in Mexico City during a protest against Iran. Reuters
    Demonstrators hold placards in Mexico City during a protest against Iran. Reuters
  • People demonstrate in Montreal, Canada, during a protest triggered by Amini's death. AFP
    People demonstrate in Montreal, Canada, during a protest triggered by Amini's death. AFP
  • Iranian Americans participate in a rally in central Los Angeles, in solidarity with women in Iran. AP
    Iranian Americans participate in a rally in central Los Angeles, in solidarity with women in Iran. AP
  • Demonstrators march during a protest in Los Angeles, California. AFP
    Demonstrators march during a protest in Los Angeles, California. AFP
  • A woman with the colours of the Iranian flag painted on her face participates in a rally as thousands demonstrate in support of Iranian women in Los Angeles. EPA
    A woman with the colours of the Iranian flag painted on her face participates in a rally as thousands demonstrate in support of Iranian women in Los Angeles. EPA
  • Australians protest over Amini's death in Melbourne. EPA
    Australians protest over Amini's death in Melbourne. EPA
  • Police block protesters from entering Iran's embassy in Oslo, Norway. EPA
    Police block protesters from entering Iran's embassy in Oslo, Norway. EPA
  • Demonstrators in front of the European headquarters of the UN in Geneva, Switzerland, during a rally against Iran. EPA
    Demonstrators in front of the European headquarters of the UN in Geneva, Switzerland, during a rally against Iran. EPA
  • A candlelight vigil for Amini in Los Angeles. AFP
    A candlelight vigil for Amini in Los Angeles. AFP
  • Afghan women hold placards as they take part in a protest in front of the Iranian embassy in Kabul. AFP
    Afghan women hold placards as they take part in a protest in front of the Iranian embassy in Kabul. AFP
  • Protestors take part in a rally outside the Iranian consulate in Istanbul. AFP
    Protestors take part in a rally outside the Iranian consulate in Istanbul. AFP
  • An Iranian woman shows a lock of hair she cut off during a protest outside the Iranian consulate in Istanbul. EPA
    An Iranian woman shows a lock of hair she cut off during a protest outside the Iranian consulate in Istanbul. EPA
  • Demonstrators outside the Iranian consulate in Istanbul. Getty
    Demonstrators outside the Iranian consulate in Istanbul. Getty
  • Iranian Americans rally on Capitol Hill in Washington to show support for protesters in Iran. AFP
    Iranian Americans rally on Capitol Hill in Washington to show support for protesters in Iran. AFP
  • Protesters on Capitol Hill hold a sign condemning the crackdown by Tehran. AFP
    Protesters on Capitol Hill hold a sign condemning the crackdown by Tehran. AFP
  • German demonstrators gather in Berlin after the death of Amini in Iranian police custody. AP
    German demonstrators gather in Berlin after the death of Amini in Iranian police custody. AP
  • A protester cries during a rally in Berlin. Reuters
    A protester cries during a rally in Berlin. Reuters
  • A demonstration in Madrid, Spain. Thousands have gathered in cities across Europe to support protests in Iran. AP
    A demonstration in Madrid, Spain. Thousands have gathered in cities across Europe to support protests in Iran. AP
  • Demonstrators gather outside the Iranian embassy in Madrid. Reuters
    Demonstrators gather outside the Iranian embassy in Madrid. Reuters
  • People take part in a protest in Lausanne, Switzerland. EPA
    People take part in a protest in Lausanne, Switzerland. EPA
  • Protesters hold signs featuring images of Amini during the protest in the western Swiss city. EPA
    Protesters hold signs featuring images of Amini during the protest in the western Swiss city. EPA
  • Demonstrators in front of the Iranian embassy in Buenos Aires, Argentina. EPA
    Demonstrators in front of the Iranian embassy in Buenos Aires, Argentina. EPA
  • An activist outside the Iranian embassy in Buenos Aires, Argentina, with a sign that reads 'Justice for Mahsa Amini'. AFP
    An activist outside the Iranian embassy in Buenos Aires, Argentina, with a sign that reads 'Justice for Mahsa Amini'. AFP
  • A demonstration against violence in Iran is held in Quito, Ecuador. The Iranian community in Ecuador protested outside the Iranian embassy. EPA
    A demonstration against violence in Iran is held in Quito, Ecuador. The Iranian community in Ecuador protested outside the Iranian embassy. EPA
  • Protesters at a demonstration outside the Iranian embassy in Quito, Ecuador. EPA
    Protesters at a demonstration outside the Iranian embassy in Quito, Ecuador. EPA

UN expert on Iran calls for co-ordinated human rights investigation


Adla Massoud
  • English
  • Arabic

A UN expert on Thursday called for the establishment of an international investigation into Iran's human rights abuses leading up to and following the death of Mahsa Amini, which triggered a wave of popular protests.

In the absence of any domestic accountability channels, the UN special rapporteur on Iran, Javaid Rehman, stressed that the international community has a responsibility to take action and address impunity for human rights abuses perpetrated in the country.

“We have made very strong calls for investigations — independent investigations, impartial investigations — into the death of Mahsa Jina Amini but this has not happened,” he told reporters.

“We have consistently asked for accountability — again, that has not happened. These protests are continuing and protesters are seeking justice; they're seeking accountability.”

Fierce protests swept the country following the death of Amini on September 16. She had reportedly been detained by the morality police for not abiding by the country’s compulsory veiling laws.

Iranian security forces issued a statement claiming that Amini died of a heart attack, though her family has disputed this claim, maintaining that their daughter was in perfect health before she was detained.

Demonstrators rally at the National Mall to protest against the Iranian regime in Washington. AP
Demonstrators rally at the National Mall to protest against the Iranian regime in Washington. AP

Mr Rehman said Amini was not the first woman to have faced such brutality.

“We have received a number of reports about several other girls and women and, in fact, children who have been killed by the state authorities,” he said.

He added that, according to the UN's most recent figures, at least 250 protesters have been killed, 27 of them children.

“Iranian authorities, brutal as they are, repressive as they are, they cannot stop the young people. They will not be able to stop this movement,” he said.

  • Angry demonstrators across Iran have taken to the streets to denounce the death of 22-year-old Mahsa Amini, who died while in police custody. AFP
    Angry demonstrators across Iran have taken to the streets to denounce the death of 22-year-old Mahsa Amini, who died while in police custody. AFP
  • Iraqi and Iranian Kurds demonstrate outside the UN offices in Erbil, the capital of Iraq's autonomous Kurdistan region, on September 24. AFP
    Iraqi and Iranian Kurds demonstrate outside the UN offices in Erbil, the capital of Iraq's autonomous Kurdistan region, on September 24. AFP
  • Demonstrators hold up images of Amini. AFP
    Demonstrators hold up images of Amini. AFP
  • People protest in Erbil. Reuters
    People protest in Erbil. Reuters
  • A man and a woman hold up a banner with an image of Amini. AFP
    A man and a woman hold up a banner with an image of Amini. AFP
Arrogate's winning run

1. Maiden Special Weight, Santa Anita Park, June 5, 2016

2. Allowance Optional Claiming, Santa Anita Park, June 24, 2016

3. Allowance Optional Claiming, Del Mar, August 4, 2016

4. Travers Stakes, Saratoga, August 27, 2016

5. Breeders' Cup Classic, Santa Anita Park, November 5, 2016

6. Pegasus World Cup, Gulfstream Park, January 28, 2017

7. Dubai World Cup, Meydan Racecourse, March 25, 2017

What is blockchain?

Blockchain is a form of distributed ledger technology, a digital system in which data is recorded across multiple places at the same time. Unlike traditional databases, DLTs have no central administrator or centralised data storage. They are transparent because the data is visible and, because they are automatically replicated and impossible to be tampered with, they are secure.

The main difference between blockchain and other forms of DLT is the way data is stored as ‘blocks’ – new transactions are added to the existing ‘chain’ of past transactions, hence the name ‘blockchain’. It is impossible to delete or modify information on the chain due to the replication of blocks across various locations.

Blockchain is mostly associated with cryptocurrency Bitcoin. Due to the inability to tamper with transactions, advocates say this makes the currency more secure and safer than traditional systems. It is maintained by a network of people referred to as ‘miners’, who receive rewards for solving complex mathematical equations that enable transactions to go through.

However, one of the major problems that has come to light has been the presence of illicit material buried in the Bitcoin blockchain, linking it to the dark web.

Other blockchain platforms can offer things like smart contracts, which are automatically implemented when specific conditions from all interested parties are reached, cutting the time involved and the risk of mistakes. Another use could be storing medical records, as patients can be confident their information cannot be changed. The technology can also be used in supply chains, voting and has the potential to used for storing property records.

POWERWASH%20SIMULATOR
%3Cp%3E%3Cstrong%3EDeveloper%3A%3C%2Fstrong%3E%20FuturLab%3Cbr%3E%3Cstrong%3EPublisher%3A%20%3C%2Fstrong%3ESquare%20Enix%20Collective%3Cbr%3E%3Cstrong%3EConsole%3A%20%3C%2Fstrong%3ENintendo%20Switch%2C%3Cstrong%3E%20%3C%2Fstrong%3EPlayStation%204%20%26amp%3B%205%2C%20Xbox%20Series%20X%2FS%20and%20PC%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
'Hocus%20Pocus%202'
%3Cp%3EDirector%3A%20Anne%20Fletcher%3Cbr%3E%3Cbr%3EStars%3A%20Bette%20Midler%2C%20Sarah%20Jessica%20Parker%2C%20Kathy%20Najimy%3Cbr%3E%3Cbr%3ERating%3A%203.5%2F5%3C%2Fp%3E%0A
The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

Abu Dhabi traffic facts

Drivers in Abu Dhabi spend 10 per cent longer in congested conditions than they would on a free-flowing road

The highest volume of traffic on the roads is found between 7am and 8am on a Sunday.

Travelling before 7am on a Sunday could save up to four hours per year on a 30-minute commute.

The day was the least congestion in Abu Dhabi in 2019 was Tuesday, August 13.

The highest levels of traffic were found on Sunday, November 10.

Drivers in Abu Dhabi lost 41 hours spent in traffic jams in rush hour during 2019

 

Dunki
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Rajkumar%20Hirani%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Shah%20Rukh%20Khan%2C%20Taapsee%20Pannu%2C%20Vikram%20Kochhar%20and%20Anil%20Grover%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A

Russia's Muslim Heartlands

Dominic Rubin, Oxford

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3ESmartCrowd%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2018%0D%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3ESiddiq%20Farid%20and%20Musfique%20Ahmed%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%20%2F%20PropTech%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%20%3C%2Fstrong%3E%24650%2C000%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2035%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3ESeries%20A%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EVarious%20institutional%20investors%20and%20notable%20angel%20investors%20(500%20MENA%2C%20Shurooq%2C%20Mada%2C%20Seedstar%2C%20Tricap)%3C%2Fp%3E%0A
How to vote in the UAE

1) Download your ballot https://www.fvap.gov/

2) Take it to the US Embassy

3) Deadline is October 15

4) The embassy will ensure all ballots reach the US in time for the November 3 poll

Our legal consultant

Name: Dr Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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

Company%20profile%20
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EElggo%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%20August%202022%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Luma%20Makari%20and%20Mirna%20Mneimneh%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%2C%20UAE%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20Education%20technology%20%2F%20health%20technology%3Cbr%3E%3Cstrong%3ESize%3A%3C%2Fstrong%3E%20Four%20employees%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Pre-seed%3C%2Fp%3E%0A

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.”

THE LIGHT

Director: Tom Tykwer

Starring: Tala Al Deen, Nicolette Krebitz, Lars Eidinger

Rating: 3/5

What can victims do?

Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

Report to local authorities

Warn others to prevent further harm

Courtesy: Crystal Intelligence

Infiniti QX80 specs

Engine: twin-turbocharged 3.5-liter V6

Power: 450hp

Torque: 700Nm

Price: From Dh450,000, Autograph model from Dh510,000

Available: Now

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

2020 Oscars winners: in numbers
  • Parasite – 4
  • 1917– 3
  • Ford v Ferrari – 2
  • Joker – 2
  • Once Upon a Time ... in Hollywood – 2
  • American Factory – 1
  • Bombshell – 1
  • Hair Love – 1
  • Jojo Rabbit – 1
  • Judy – 1
  • Little Women – 1
  • Learning to Skateboard in a Warzone (If You're a Girl) – 1
  • Marriage Story – 1
  • Rocketman – 1
  • The Neighbors' Window – 1
  • Toy Story 4 – 1
THE%20HOLDOVERS
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EAlexander%20Payne%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Paul%20Giamatti%2C%20Da'Vine%20Joy%20Randolph%2C%20Dominic%20Sessa%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204.5%2F5%3C%2Fp%3E%0A
Results

Light Flyweight (49kg): Mirzakhmedov Nodirjon (UZB) beat Daniyal Sabit (KAZ) by points 5-0.

Flyweight (52kg): Zoirov Shakhobidin (UZB) beat Amit Panghol (IND) 3-2.

Bantamweight (56kg): Kharkhuu Enkh-Amar (MGL) beat Mirazizbek Mirzahalilov (UZB) 3-2.

Lightweight (60kg): Erdenebat Tsendbaatar (MGL) beat Daniyal Shahbakhsh (IRI) 5-0.

Light Welterweight (64kg): Baatarsukh Chinzorig (MGL) beat Shiva Thapa (IND) 3-2.

Welterweight (69kg): Bobo-Usmon Baturov (UZB) beat Ablaikhan Zhussupov (KAZ) RSC round-1.

Middleweight (75kg): Jafarov Saidjamshid (UZB) beat Abilkhan Amankul (KAZ) 4-1.

Light Heavyweight (81kg): Ruzmetov Dilshodbek (UZB) beat Meysam Gheshlaghi (IRI) 3-2.

Heavyweight (91kg): Sanjeet (IND) beat Vassiliy Levit (KAZ) 4-1.

Super Heavyweight ( 91kg): Jalolov Bakhodir (UZB) beat Kamshibek Kunkabayev (KAZ) 5-0.

Updated: October 27, 2022, 6:18 PM