Actor Sean Penn gives an Oscar statuette to Ukrainian President Volodymyr Zelenskyy. EPA
Actor Sean Penn gives an Oscar statuette to Ukrainian President Volodymyr Zelenskyy. EPA
Actor Sean Penn gives an Oscar statuette to Ukrainian President Volodymyr Zelenskyy. EPA
Actor Sean Penn gives an Oscar statuette to Ukrainian President Volodymyr Zelenskyy. EPA

Sean Penn lends Oscar to Ukraine's Zelenskyy


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Academy Award-winning actor Sean Penn has shown his support for Ukraine in a unique way: by lending one of his Oscar statuettes to Ukrainian President Volodymyr Zelenskyy during a recent visit to the country.

In a video posted on Mr Zelenskyy's Instagram account, Penn takes the Oscar statuette out of a bag and places it on a table in front of the Ukrainian president, saying: “This is for you. It’s just a symbolic silly thing, but if I know this is here with you then I’ll feel better and stronger for the fight.”

He added: “When you win, bring it back to Malibu.”

In return, Mr Zelenskyy has presented Penn with the Order of Merit for strengthening relations, backing Ukraine's territorial integrity and helping to popularise the country, the president's office said.

Penn, known for his roles in I Am Sam, Mystic River and Milk, has been a vocal supporter of Ukraine over the course of the Russian invasion.

Due to his criticism of Moscow, the actor was included on a list of several US citizens hit with Russian sanctions in September.

  • Smoke rises on the outskirts of the city during a Russian missile attack in Kyiv. Reuters
    Smoke rises on the outskirts of the city during a Russian missile attack in Kyiv. Reuters
  • Workers surround the Monument to the Heroes of the Heavenly Hundred with sandbags against damage from shelling in Mykolaiv. EPA
    Workers surround the Monument to the Heroes of the Heavenly Hundred with sandbags against damage from shelling in Mykolaiv. EPA
  • Russian President Vladimir Putin welcomes Azerbaijan President Ilham Aliyev for talks before a meeting between the Russian president and the leaders of Armenia and Azerbaijan in the Black Sea resort city of Sochi, Russia. AFP
    Russian President Vladimir Putin welcomes Azerbaijan President Ilham Aliyev for talks before a meeting between the Russian president and the leaders of Armenia and Azerbaijan in the Black Sea resort city of Sochi, Russia. AFP
  • People take water from a water pump in Kyiv. EPA
    People take water from a water pump in Kyiv. EPA
  • A woman walks past a damaged building in the town of Nova Kakhovka. Reuters
    A woman walks past a damaged building in the town of Nova Kakhovka. Reuters
  • A woman outside her home, which was destroyed during battles at the start of the conflict, in Yahidne, Chernihiv. Getty Images
    A woman outside her home, which was destroyed during battles at the start of the conflict, in Yahidne, Chernihiv. Getty Images
  • People shelter inside a subway station during a Russian missile attack in Kyiv. Reuters
    People shelter inside a subway station during a Russian missile attack in Kyiv. Reuters
  • Firefighters at the site of a drone attack in Kyiv, Ukraine. AP
    Firefighters at the site of a drone attack in Kyiv, Ukraine. AP
  • A woman walks past the site of a Russian missile strike in the southern Ukrainian city of Mykolaiv. Reuters
    A woman walks past the site of a Russian missile strike in the southern Ukrainian city of Mykolaiv. Reuters
  • Rescuer workers at a building destroyed in an attack in Mykolaiv. Reuters
    Rescuer workers at a building destroyed in an attack in Mykolaiv. Reuters
  • Parts of a drone lie on a street in Kyiv. Reuters
    Parts of a drone lie on a street in Kyiv. Reuters
  • A drone flies over the Ukrainian capital during an attack. AFP
    A drone flies over the Ukrainian capital during an attack. AFP
  • Ukrainian servicemen tow a captured Russian armoured vehicle in Rudneve village, Kharkiv. EPA
    Ukrainian servicemen tow a captured Russian armoured vehicle in Rudneve village, Kharkiv. EPA
  • A partially destroyed residential building in Saltivka, in Kharkiv. AP
    A partially destroyed residential building in Saltivka, in Kharkiv. AP
  • Ukrainian servicemen fire a captured Russian howitzer on a front line near Kupyansk city, Kharkiv. EPA
    Ukrainian servicemen fire a captured Russian howitzer on a front line near Kupyansk city, Kharkiv. EPA
  • Ukrainian servicemen near the recently retaken town of Lyman in Donetsk region. AFP
    Ukrainian servicemen near the recently retaken town of Lyman in Donetsk region. AFP
  • An officer from a Ukrainian national police emergency demining team prepares to detonate collected anti-tank mines and explosives near Lyman, in the Donetsk region. AFP
    An officer from a Ukrainian national police emergency demining team prepares to detonate collected anti-tank mines and explosives near Lyman, in the Donetsk region. AFP
  • A boy playing on a destroyed Russian tank on display in Kyiv. AFP
    A boy playing on a destroyed Russian tank on display in Kyiv. AFP
  • A young couple hiding underground during an air alert in Zaporizhzhia. AFP
    A young couple hiding underground during an air alert in Zaporizhzhia. AFP
  • Ukrainian firefighters looking for survivors after a strike in Zaporizhzhia. AFP
    Ukrainian firefighters looking for survivors after a strike in Zaporizhzhia. AFP
  • Workers fix a banner reading 'Donetsk, Luhansk, Zaporizhzhia, Kherson - Russia!' to the State Historical Museum near Red Square in Moscow. AFP
    Workers fix a banner reading 'Donetsk, Luhansk, Zaporizhzhia, Kherson - Russia!' to the State Historical Museum near Red Square in Moscow. AFP
  • Residents try to cross a destroyed bridge in the Kharkiv region of Ukraine. AFP
    Residents try to cross a destroyed bridge in the Kharkiv region of Ukraine. AFP
  • Alyona Kishinskaya helps to clean up a shop as it prepares to reopen in Balakiya, Ukraine, after a six-month Russian occupation. Getty Images
    Alyona Kishinskaya helps to clean up a shop as it prepares to reopen in Balakiya, Ukraine, after a six-month Russian occupation. Getty Images
  • Alla, 12, has a swinging time in Balakiya, Ukraine, as life goes on despite the war. Getty Images
    Alla, 12, has a swinging time in Balakiya, Ukraine, as life goes on despite the war. Getty Images
  • Ukrainian flags in the town square in Balakiya. Getty Images
    Ukrainian flags in the town square in Balakiya. Getty Images
  • A destroyed Russian command centre in Izium, Ukraine. Getty Images
    A destroyed Russian command centre in Izium, Ukraine. Getty Images
  • In what may be a final farewell, young Russian recruits - escorted by their wives - walk to a train station in Volgograd before being sent to war in Ukraine. AP
    In what may be a final farewell, young Russian recruits - escorted by their wives - walk to a train station in Volgograd before being sent to war in Ukraine. AP
  • Russian recruits board the train to Ukraine in Volgograd. AP
    Russian recruits board the train to Ukraine in Volgograd. AP
  • Ukrainian soliders drive a tank at the recently retaken eastern side of the Oskil River in Kharkiv region, Ukraine. AFP
    Ukrainian soliders drive a tank at the recently retaken eastern side of the Oskil River in Kharkiv region, Ukraine. AFP
  • Volunteers pass boxes of food aid on a destroyed bridge over the Oskil River. AFP
    Volunteers pass boxes of food aid on a destroyed bridge over the Oskil River. AFP
  • Ukrainian soliders rest on an armoured personnel carrier. AFP
    Ukrainian soliders rest on an armoured personnel carrier. AFP
  • A sign warns of landmines in Izyum, eastern Ukraine. AFP
    A sign warns of landmines in Izyum, eastern Ukraine. AFP
  • This crater was left after a missile strike in the Donetsk region of Ukraine. AFP
    This crater was left after a missile strike in the Donetsk region of Ukraine. AFP

Penn has made three wartime visits to Ukraine and is currently making a documentary in the country.

During one visit, he joined thousands of Ukrainian refugees making the journey to Poland on foot.

The actor has been involved in numerous international humanitarian and anti-war efforts over the years and founded the non-profit disaster relief organisation CORE in response to the 2010 earthquakes in Haiti.

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Company%20profile
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La Mer lowdown

La Mer beach is open from 10am until midnight, daily, and is located in Jumeirah 1, well after Kite Beach. Some restaurants, like Cupagahwa, are open from 8am for breakfast; most others start at noon. At the time of writing, we noticed that signs for Vicolo, an Italian eatery, and Kaftan, a Turkish restaurant, indicated that these two restaurants will be open soon, most likely this month. Parking is available, as well as a Dh100 all-day valet option or a Dh50 valet service if you’re just stopping by for a few hours.
 

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 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

Trump v Khan

2016: Feud begins after Khan criticised Trump’s proposed Muslim travel ban to US

2017: Trump criticises Khan’s ‘no reason to be alarmed’ response to London Bridge terror attacks

2019: Trump calls Khan a “stone cold loser” before first state visit

2019: Trump tweets about “Khan’s Londonistan”, calling him “a national disgrace”

2022:  Khan’s office attributes rise in Islamophobic abuse against the major to hostility stoked during Trump’s presidency

July 2025 During a golfing trip to Scotland, Trump calls Khan “a nasty person”

Sept 2025 Trump blames Khan for London’s “stabbings and the dirt and the filth”.

Dec 2025 Trump suggests migrants got Khan elected, calls him a “horrible, vicious, disgusting mayor”

Under 19 Cricket World Cup, Asia Qualifier

Fixtures
Friday, April 12, Malaysia v UAE
Saturday, April 13, UAE v Nepal
Monday, April 15, UAE v Kuwait
Tuesday, April 16, UAE v Singapore
Thursday, April 18, UAE v Oman

UAE squad
Aryan Lakra (captain), Aaron Benjamin, Akasha Mohammed, Alishan Sharafu, Anand Kumar, Ansh Tandon, Ashwanth Valthapa, Karthik Meiyappan, Mohammed Faraazuddin, Rishab Mukherjee, Niel Lobo, Osama Hassan, Vritya Aravind, Wasi Shah

The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

F1 The Movie

Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem

Director: Joseph Kosinski

Rating: 4/5

SPECS
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Updated: November 10, 2022, 3:15 AM