Exchange houses in the UAE have reported a spike in demand for remittances to the UK. Victor Besa for The National.
Exchange houses in the UAE have reported a spike in demand for remittances to the UK. Victor Besa for The National.


The Gulf remittance story is worth cherishing



June 24, 2022

A win-win relationship

I write in reference to Ramola Talwar Badam's article How Indians in UAE are working to secure a better future for families back home (June 16): the stories of Indian expatriates living in the UAE and providing for their families are touching. People work hard for years to give their families back home a good life. As someone who used to live in the UAE, I am aware of the hard work and sacrifices expats living in the Gulf make to afford their families the best shot at life. The Gulf expat story is an integral part of the larger Gulf development story. Everyone from expats to locals to governments can be proud of this decades-long, mutually beneficial arrangement.

K Ragavan, Bengaluru, India

EU should have its own security council

I write in reference to Neil Murphy's article Ukraine awaits EU word on membership as Russia makes gains near Severodonetsk (June 20): as many readers have already noticed, decisions, whether in Nato or the EU, are blocked with constant vetoes. Now, it has to be said about the veto in the EU that it is used very often by Hungary, for example, in the bloc's planned sanctions against Russia. This could be remedied if only the six founding members of the EU – France, Germany, Italy and the so-called Benelux countries – have the right of veto within the organisation.

Stefan Vollmershausen, Berlin, Germany

People should continue to wear masks

I write in reference to Nick Webster and Shireena Al Nowais' article Doctors warn complacency is the biggest risk as Covid-19 cases in UAE rise (June 22): in Canada, at a grocery store check-out counter recently, an unmasked young man in the queue stood inches away from me. I requested him to wear a mask and/or keep his distance as marked on the floor. Whereupon, he rudely and loudly asked if I was the police. He also called me ignorant and said the mask mandate had been lifted. There was general laughter from other unmasked shoppers. I wish the store staff had demanded the man leave the shop. The sign on the door clearly said: “No mask. No entry.” But they did not. Instead, I left without the groceries.

It seems that in parts of the world the human and financial costs of Covid-19 have not been felt by many people.

Asha Gidwani, Toronto, Canada

All or Nothing

Amazon Prime

Four stars

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The specs
Engine: 2.7-litre 4-cylinder Turbomax
Power: 310hp
Torque: 583Nm
Transmission: 8-speed automatic
Price: From Dh192,500
On sale: Now
A timeline of the Historical Dictionary of the Arabic Language
  • 2018: Formal work begins
  • November 2021: First 17 volumes launched 
  • November 2022: Additional 19 volumes released
  • October 2023: Another 31 volumes released
  • November 2024: All 127 volumes completed
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The specs

Engine: Four electric motors, one at each wheel

Power: 579hp

Torque: 859Nm

Transmission: Single-speed automatic

Price: From Dh825,900

On sale: Now

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The specs

Engine: Direct injection 4-cylinder 1.4-litre
Power: 150hp
Torque: 250Nm
Price: From Dh139,000
On sale: Now

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The%20specs%20
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COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
The Sand Castle

Director: Matty Brown

Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea

Rating: 2.5/5

How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

Business Insights
  • Canada and Mexico are significant energy suppliers to the US, providing the majority of oil and natural gas imports
  • The introduction of tariffs could hinder the US's clean energy initiatives by raising input costs for materials like nickel
  • US domestic suppliers might benefit from higher prices, but overall oil consumption is expected to decrease due to elevated costs
COMPANY%20PROFILE%20
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3EAlmouneer%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202017%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Dr%20Noha%20Khater%20and%20Rania%20Kadry%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EEgypt%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%20%3C%2Fstrong%3E120%3Cbr%3E%3Cstrong%3EInvestment%3A%20%3C%2Fstrong%3EBootstrapped%2C%20with%20support%20from%20Insead%20and%20Egyptian%20government%2C%20seed%20round%20of%20%3Cbr%3E%243.6%20million%20led%20by%20Global%20Ventures%3Cbr%3E%3C%2Fp%3E%0A
F1 drivers' standings

1. Lewis Hamilton, Mercedes 281

2. Sebastian Vettel, Ferrari 247

3. Valtteri Bottas, Mercedes 222

4. Daniel Ricciardo, Red Bull 177

5. Kimi Raikkonen, Ferrari 138

6. Max Verstappen, Red Bull 93

7. Sergio Perez, Force India 86

8. Esteban Ocon, Force India 56

Farasan Boat: 128km Away from Anchorage

Director: Mowaffaq Alobaid 

Stars: Abdulaziz Almadhi, Mohammed Al Akkasi, Ali Al Suhaibani

Rating: 4/5

COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
Updated: June 24, 2022, 3:00 AM