ABU DHABI // Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, has offered his condolences to the family of Mohammed Khalaf Al Mazrouei, a heritage adviser to the Crown Prince and former chairman of Abu Dhabi Media who died in a car crash on Thursday afternoon.
Sheikh Mohammed spoke to Mr Al Mazrouei’s family, who include Staff Maj Gen Pilot Faris Khalaf Al Mazrouei, Chairman of the Critical Infrastructure and Coastal Protection Authority.
The New York Film Academy also paid its respects to Mr Al Mazrouei by creating a memorial internet page in his honour.
Mr Al Mazrouei, who was killed alongside two others in a crash outside Zayed City Cemetery, had worked closely with NYFA to establish the Film Academy in Abu Dhabi.
“We express our profound sadness at the tragic loss today of HE Mohammed Khalaf Al Mazrouei. He has been a great leader and friend of the New York Film Academy,” said a spokesman for the academy.
“We share our deepest sympathies and extend condolences to his family, the people of Abu Dhabi, and all who knew him.”
Sheikh Saif bin Zayed, the Deputy Prime Minister and Minister of Interior, and Sheikh Nahyan bin Mubarak, the Minister of Culture, Youth and Community Development, were among the dignitaries who performed funeral prayers, reported state news agency WAM.
newsdesk@thenational.ae
Fund-raising tips for start-ups
Develop an innovative business concept
Have the ability to differentiate yourself from competitors
Put in place a business continuity plan after Covid-19
Prepare for the worst-case scenario (further lockdowns, long wait for a vaccine, etc.)
Have enough cash to stay afloat for the next 12 to 18 months
Be creative and innovative to reduce expenses
Be prepared to use Covid-19 as an opportunity for your business
* Tips from Jassim Al Marzooqi and Walid Hanna
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Generational responses to the pandemic
Devesh Mamtani from Century Financial believes the cash-hoarding tendency of each generation is influenced by what stage of the employment cycle they are in. He offers the following insights:
Baby boomers (those born before 1964): Owing to market uncertainty and the need to survive amid competition, many in this generation are looking for options to hoard more cash and increase their overall savings/investments towards risk-free assets.
Generation X (born between 1965 and 1980): Gen X is currently in its prime working years. With their personal and family finances taking a hit, Generation X is looking at multiple options, including taking out short-term loan facilities with competitive interest rates instead of dipping into their savings account.
Millennials (born between 1981 and 1996): This market situation is giving them a valuable lesson about investing early. Many millennials who had previously not saved or invested are looking to start doing so now.
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How Alia's experiment will help humans get to Mars
Alia’s winning experiment examined how genes might change under the stresses caused by being in space, such as cosmic radiation and microgravity.
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