Hope probe’s first image of Mars. Emirates Mars Mission/EXI 2021
Hope probe’s first image of Mars. Emirates Mars Mission/EXI 2021
Hope probe’s first image of Mars. Emirates Mars Mission/EXI 2021
Hope probe’s first image of Mars. Emirates Mars Mission/EXI 2021

Mars to shine bright in the night sky as it lines up with the Moon


Gillian Duncan
  • English
  • Arabic

Mars will be visible from anywhere in the night sky on Thursday as it passes close to the Moon.

The Red Planet will look like a rust-coloured star, just above the Moon, as they line up in conjunction.

The celestial event is taking place only hours before Nasa’s Perseverance rover will attempt a perilous landing on Mars, becoming the latest mission to explore the Red Planet.

Mars will be visible from 6.31pm in the UAE, in the western horizon, according to Al Sadeem Astronomy Observatory.

At that point it will be 199 million kilometers from Earth, which is about 11 light minutes away, meaning anyone looking up at it will be seeing it as it was 11 minutes previously.

Experts said the Moon will be about 42 per cent lit, so Mars should shine bright enough to see without a telescope.

A few hours later, Perseverance will attempt to touch down on Mars’s Jezero Crater, which features steep cliffs, sand dunes and boulder fields.

Nasa will live-stream the event, with coverage starting from 11.15pm UAE time, although touchdown will take place at 12.55am early on Friday.

If successful, Perseverance will search the ancient area of Mars for evidence of past life, helping to pave the way for future human exploration and even colonisation.

It follows two other successful missions by the UAE and China to explore Mars’s atmosphere.

The Emirates made history on February 9 after its Hope probe successfully entered the Red Planet's orbit.

Hours later, China’s Tianwen-1 spacecraft followed suit.

The orbit-rover, Tianwen-1, will attempt to touch down in May for a 90-day exploration, studying the planet’s soil and rock composition and search for signs of buried water ice.

The Hope probe, a weather satellite, will study Mars's atmosphere and the seasons of its 687-day year.

In a message on Twitter, when Hope successfully entered Mars’s orbit, Nasa congratulated the Emirati team on its success by quoting the 10th century Iraqi poet, Al Mutanabbi.

"Dear Hope Mars Mission, congratulations on arriving at Mars! In the words of the poet Al Mutanabbi: "If you ventured in pursuit of glory, don’t be satisfied with less than the stars."

UAE's Hope probe to explore

mysteries of Mars:

  • Hope probe captures an image of Mars after clocking one million kilometres since its launch into space on July 20, 2020. Courtesy: Sheikh Mohammed Twitter
    Hope probe captures an image of Mars after clocking one million kilometres since its launch into space on July 20, 2020. Courtesy: Sheikh Mohammed Twitter
  • An image beamed back from the UAE's Hope probe on December 7 showing Saturn and Jupiter in close proximity to each other. Courtesy: Hope probe / MBR Space Centre
    An image beamed back from the UAE's Hope probe on December 7 showing Saturn and Jupiter in close proximity to each other. Courtesy: Hope probe / MBR Space Centre
  • Sheikh Mohammed bin Rashid shares an image of Mars taken by the Hope Probe on December 3, 2020. Courtesy: Sheikh Mohammed bin Rashid / Twitter
    Sheikh Mohammed bin Rashid shares an image of Mars taken by the Hope Probe on December 3, 2020. Courtesy: Sheikh Mohammed bin Rashid / Twitter
  • Media and officials at Mohammed bin Rashid Space Centre in Dubai cheer as the Hope probe is blasted into space from Japan on July 20, 2020. Ahmed Jadallah / Reuters
    Media and officials at Mohammed bin Rashid Space Centre in Dubai cheer as the Hope probe is blasted into space from Japan on July 20, 2020. Ahmed Jadallah / Reuters
  • At the Mohammed bin Rashid Space Centre headquarters in Al Khawaneej, where Emirati engineers monitor Hope's journey to Mars, on July 27, 2020. Antonie Robertson / The National
    At the Mohammed bin Rashid Space Centre headquarters in Al Khawaneej, where Emirati engineers monitor Hope's journey to Mars, on July 27, 2020. Antonie Robertson / The National
  • Sheikh Mohamed bin Rashid, Vice President and Ruler of Dubai, Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, and Sheikh Hamdan bin Mohamed, Crown Prince of Dubai, stand for a photograph with the Hope Probe team, during an honouring ceremony at Qasr Al Watan on July 31, 2020. Hamad Al Kaabi / Ministry of Presidential Affairs
    Sheikh Mohamed bin Rashid, Vice President and Ruler of Dubai, Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, and Sheikh Hamdan bin Mohamed, Crown Prince of Dubai, stand for a photograph with the Hope Probe team, during an honouring ceremony at Qasr Al Watan on July 31, 2020. Hamad Al Kaabi / Ministry of Presidential Affairs
  • Fatima Al Bannai (on stage - centre right) and Saeed Al Gergawi (on stage - centre left) present during a ceremony to honour the Hope probe team, at Qasr Al Watan, on July 31, 2020. Courtesy: Hamad Al Mansoori for the Ministry of Presidential Affairs
    Fatima Al Bannai (on stage - centre right) and Saeed Al Gergawi (on stage - centre left) present during a ceremony to honour the Hope probe team, at Qasr Al Watan, on July 31, 2020. Courtesy: Hamad Al Mansoori for the Ministry of Presidential Affairs
  • The Red Planet, where the Hope probe arrives on February 9 for an orbit insertion attempt. Getty
    The Red Planet, where the Hope probe arrives on February 9 for an orbit insertion attempt. Getty
  • Sarah Al Amiri, Minister of State for Advanced Sciences and chairwoman of the UAE Space Agency, briefs Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, on the Hope probe mission on February 1. Courtesy: Sheikh Mohamed bin Rashid / Twitter
    Sarah Al Amiri, Minister of State for Advanced Sciences and chairwoman of the UAE Space Agency, briefs Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, on the Hope probe mission on February 1. Courtesy: Sheikh Mohamed bin Rashid / Twitter
  • A billboard on Al Khail Road advertises the UAE Mars Mission. Chris Whiteoak / The National
    A billboard on Al Khail Road advertises the UAE Mars Mission. Chris Whiteoak / The National
  • Burj Khalifa lights up for the Hope probe on February 6, 2021. Giuseppe Cacace / AFP
    Burj Khalifa lights up for the Hope probe on February 6, 2021. Giuseppe Cacace / AFP
  • Zakareyya Al Shamsi, deputy manager of mission operation, at Mohammed Bin Rashid Space Centre in Al Khawaneej, Dubai, on February 2, 2021. Antonie Robertson / The National
    Zakareyya Al Shamsi, deputy manager of mission operation, at Mohammed Bin Rashid Space Centre in Al Khawaneej, Dubai, on February 2, 2021. Antonie Robertson / The National
  • The Hope Probe will attempt a Mars orbit insertion on Tuesday, February 9. Courtesy: Sheikh Mohammed bin Rashid / Twitter
    The Hope Probe will attempt a Mars orbit insertion on Tuesday, February 9. Courtesy: Sheikh Mohammed bin Rashid / Twitter
  • Sheikh Mohammed is briefed by the Hope probe team at the Mohammed bin Rashid Space Centre headquarters on February 18, 2020, ahead of the launch of the spacecraft in July. Wam
    Sheikh Mohammed is briefed by the Hope probe team at the Mohammed bin Rashid Space Centre headquarters on February 18, 2020, ahead of the launch of the spacecraft in July. Wam
  • Engineers are pictured as the Hope probe is transferred from Mohammed bin Rashid Space Centre to its launch site at the station on Tanegashima Island in Japan. The crew faced travel challenges due to the Covid-19 pandemic. Courtesy: UAE Space Agency and MBRSC
    Engineers are pictured as the Hope probe is transferred from Mohammed bin Rashid Space Centre to its launch site at the station on Tanegashima Island in Japan. The crew faced travel challenges due to the Covid-19 pandemic. Courtesy: UAE Space Agency and MBRSC
  • The Hope probe is transferred to the launch site at the space station on Tanegashima Island in Japan. Courtesy: UAE Space Agency and MBRSC
    The Hope probe is transferred to the launch site at the space station on Tanegashima Island in Japan. Courtesy: UAE Space Agency and MBRSC
  • Engineers work on the hope probe ahead of its launch in July 2020. Courtesy: Emirates Mars Mission
    Engineers work on the hope probe ahead of its launch in July 2020. Courtesy: Emirates Mars Mission
  • Hope is launched into space on board an H-2A rocket from Tanegashima Space Centre in southwestern Japan. Courtesy: Mitsubishi Heavy Industries
    Hope is launched into space on board an H-2A rocket from Tanegashima Space Centre in southwestern Japan. Courtesy: Mitsubishi Heavy Industries
  • People wait for the launch of the Hope probe at the Mohammed Bin Rashid Space Centre in Dubai on July 19, 2020. Giuseppe Cacace / AFP
    People wait for the launch of the Hope probe at the Mohammed Bin Rashid Space Centre in Dubai on July 19, 2020. Giuseppe Cacace / AFP
  • People wait for the launch of the Hope Mars probe at the Mohammed Bin Rashid Space Centre in Dubai on July 19, 2020. Giuseppe Cacace / AFP
    People wait for the launch of the Hope Mars probe at the Mohammed Bin Rashid Space Centre in Dubai on July 19, 2020. Giuseppe Cacace / AFP
  • The Hope probe is launched into space on July 20, 2020. Giuseppe Cacace / AFP
    The Hope probe is launched into space on July 20, 2020. Giuseppe Cacace / AFP
  • The Museum of the Future is lit up in red to celebrate the Hope probe's mission to Mars. Antonie Robertson / The National
    The Museum of the Future is lit up in red to celebrate the Hope probe's mission to Mars. Antonie Robertson / The National
  • All eyes are on today's countdown before the UAE's Hope probe reaches Mars' orbit. AP
    All eyes are on today's countdown before the UAE's Hope probe reaches Mars' orbit. AP
  • Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, visit the Mohammed Bin Rashid Space Centre​​​​​ in February 2020. Wam
    Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, visit the Mohammed Bin Rashid Space Centre​​​​​ in February 2020. Wam
  • Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, visits Mohammed bin Rashid Space Centre on February 8, 2021 ahead of the Hope probe reaching Mars. Courtesy: Sheikh Hamdan bin Mohammed Twitter
    Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, visits Mohammed bin Rashid Space Centre on February 8, 2021 ahead of the Hope probe reaching Mars. Courtesy: Sheikh Hamdan bin Mohammed Twitter
UAE currency: the story behind the money in your pockets
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Scotland 59 (Tries: Hastings (2), G Horne (3), Turner, Seymour, Barclay, Kinghorn, McInally; Cons: Hastings 8)

Russia 0

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.”

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Cry Macho

Director: Clint Eastwood

Stars: Clint Eastwood, Dwight Yoakam

Rating:**

MO
%3Cp%3E%3Cstrong%3ECreators%3A%20%3C%2Fstrong%3EMohammed%20Amer%2C%20Ramy%20Youssef%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3EMohammed%20Amer%2C%20Teresa%20Ruiz%2C%20Omar%20Elba%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
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UAE%20ILT20
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Biography

Favourite drink: Must have karak chai and Chinese tea every day

Favourite non-Chinese food: Arabic sweets and Indian puri, small round bread of wheat flour

Favourite Chinese dish: Spicy boiled fish or anything cooked by her mother because of its flavour

Best vacation: Returning home to China

Music interests: Enjoys playing the zheng, a string musical instrument

Enjoys reading: Chinese novels, romantic comedies, reading up on business trends, government policy changes

Favourite book: Chairman Mao Zedong’s poems

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million