The proposal calls for a joint approach to tackling the challenges stemming from irregular migration. AP
The proposal calls for a joint approach to tackling the challenges stemming from irregular migration. AP
The proposal calls for a joint approach to tackling the challenges stemming from irregular migration. AP
The proposal calls for a joint approach to tackling the challenges stemming from irregular migration. AP

Europe

EU pledges to ‘relaunch and strengthen’ relationship with Mediterranean neighbours

Five-point plan underpinned by investment of up to €7bn over the next six years

Jamie Prentis
Jamie Prentis
London

February 10, 2021

  • English
  • Arabic

The European Union put forward a five-point plan seeking to “relaunch and strengthen” its relationship with its Mediterranean neighbours on Tuesday, underpinned by investments of up to €7 billion ($8.47bn) over the next six years.

Its plan is to improve human development, support a transition to digital and green economies, promote peace and security, and manage migration more effectively.

In unveiling the agenda, the EU said it wanted “to relaunch our co-operation and realise the untapped potential of our shared region”.

The bloc’s southern Mediterranean neighbours are Algeria, Egypt, Israel, Jordan, Lebanon, Libya, Morocco, Palestine, Syria and Tunisia.

Olivér Várhelyi, the EU commissioner charged with handling relations with border countries, said the plan marked “a new beginning in our relations with our Southern partners”.

“It shows that Europe wants to contribute directly to a long-term vision of prosperity and stability of the region, especially in the social and economic recovery from the Covid-19 crisis,” he said.

Mr Várhelyi said priorities included creating growth and jobs, and investing in human capital.

“We consider migration to be a common challenge, where we are ready to work together to fight irregular migration and smugglers together with our partners as it is a risk for all of us,” he said.

The proposal makes clear that it wants to spur long-term socio-economic recovery and aims to make the region an attractive investment option.

Josep Borrell, the EU’s chief diplomat, emphasised a partnership that supported young people and women, and one that helped the people of the region to “meet their hopes for the future, enjoy their rights and build a peaceful, secure, more democratic, greener, prosperous and inclusive Southern Neighbourhood”.

A migrant boy stands outside a tent at a refugee camp in Nea Kavala, northern Greece. About 1,500 asylum-seekers transported from Greece's eastern Aegean island of Lesbos to the mainland. Around 1,000 of those transferred and housed in Nea Kavala, where they will be staying in tents until the end of the month, after which they will be transferred to a new camp under construction. AP
A migrant boy stands outside a tent at a refugee camp in Nea Kavala, northern Greece. About 1,500 asylum-seekers transported from Greece's eastern Aegean island of Lesbos to the mainland. Around 1,000 of those transferred and housed in Nea Kavala, where they will be staying in tents until the end of the month, after which they will be transferred to a new camp under construction. AP
A migrant carries his belongings at a refugee camp in Nea Kavala, northern Greece. About 1,500 asylum-seekers transported from Greece's eastern Aegean island of Lesbos to the mainland. Around 1,000 of those transferred and housed in Nea Kavala, where they will be staying in tents until the end of the month, after which they will be transferred to a new camp under construction. AP
A migrant carries his belongings at a refugee camp in Nea Kavala, northern Greece. About 1,500 asylum-seekers transported from Greece's eastern Aegean island of Lesbos to the mainland. Around 1,000 of those transferred and housed in Nea Kavala, where they will be staying in tents until the end of the month, after which they will be transferred to a new camp under construction. AP
A migrant passes by telephone booths in Nea Kavala camp, near the city of Kilkis, northern Greece. Some 1000 refugees and migrants were transferred from the Greek island of Lesbos to the Nea Kavala camp under a decision taken by the Greek government at an emergency meeting on August 31. AFP
A migrant passes by telephone booths in Nea Kavala camp, near the city of Kilkis, northern Greece. Some 1000 refugees and migrants were transferred from the Greek island of Lesbos to the Nea Kavala camp under a decision taken by the Greek government at an emergency meeting on August 31. AFP
Hundreds of migrants arrive from the Greek island of Lesbos in the port of Thessaloniki. Another 700 migrants are due to be transferred later Monday, under a decision taken by the Greek government at an emergency meeting Saturday.The UN High Commissioner for Refugees said that the island of Lesbos was sheltering nearly 11,000 people at the end of August -- four times its capacity. In August alone, more than 3,000 people had arrived there, said the agency. AFP
Hundreds of migrants arrive from the Greek island of Lesbos in the port of Thessaloniki. Another 700 migrants are due to be transferred later Monday, under a decision taken by the Greek government at an emergency meeting Saturday.The UN High Commissioner for Refugees said that the island of Lesbos was sheltering nearly 11,000 people at the end of August -- four times its capacity. In August alone, more than 3,000 people had arrived there, said the agency. AFP
Hundreds of migrants arrive from the Greek island of Lesbos in the port of Thessaloniki. Another 700 migrants are due to be transferred later Monday, under a decision taken by the Greek government at an emergency meeting Saturday.The UN High Commissioner for Refugees said that the island of Lesbos was sheltering nearly 11,000 people at the end of August -- four times its capacity. In August alone, more than 3,000 people had arrived there, said the agency. AFP
Hundreds of migrants arrive from the Greek island of Lesbos in the port of Thessaloniki. Another 700 migrants are due to be transferred later Monday, under a decision taken by the Greek government at an emergency meeting Saturday.The UN High Commissioner for Refugees said that the island of Lesbos was sheltering nearly 11,000 people at the end of August -- four times its capacity. In August alone, more than 3,000 people had arrived there, said the agency. AFP
Children play after arriving at Nea Kavala refugee camp, near the city of Kilkis, northern Greece. Some 1000 refugees and migrants were transferred from the Greek island of Lesbos to the Nea Kavala camp under a decision taken by the Greek government at an emergency meeting on August 31. AFP
Children play after arriving at Nea Kavala refugee camp, near the city of Kilkis, northern Greece. Some 1000 refugees and migrants were transferred from the Greek island of Lesbos to the Nea Kavala camp under a decision taken by the Greek government at an emergency meeting on August 31. AFP
A boy stands at Nea Kavala camp, near the city of Kilkis, northern Greece. Some 1000 refugees and migrants were transferred from the Greek island of Lesbos to the Nea Kavala camp under a decision taken by the Greek government at an emergency meeting on August 31. AFP
A boy stands at Nea Kavala camp, near the city of Kilkis, northern Greece. Some 1000 refugees and migrants were transferred from the Greek island of Lesbos to the Nea Kavala camp under a decision taken by the Greek government at an emergency meeting on August 31. AFP
Migrants are seen at Nea Kavala camp, near the city of Kilkis, northern Greece. Some 1000 refugees and migrants were transferred from the Greek island of Lesbos to the Nea Kavala camp under a decision taken by the Greek government at an emergency meeting on August 31. AFP
Migrants are seen at Nea Kavala camp, near the city of Kilkis, northern Greece. Some 1000 refugees and migrants were transferred from the Greek island of Lesbos to the Nea Kavala camp under a decision taken by the Greek government at an emergency meeting on August 31. AFP
A baby sleeps at a refugee camp in Nea Kavala, northern Greece. About 1,500 asylum-seekers transported from Greece's eastern Aegean island of Lesbos to the mainland. Around 1,000 of those transferred and housed in Nea Kavala, where they will be staying in tents until the end of the month, after which they will be transferred to a new camp under construction. AP
A baby sleeps at a refugee camp in Nea Kavala, northern Greece. About 1,500 asylum-seekers transported from Greece's eastern Aegean island of Lesbos to the mainland. Around 1,000 of those transferred and housed in Nea Kavala, where they will be staying in tents until the end of the month, after which they will be transferred to a new camp under construction. AP
A migrant arrives at a refugee camp in Nea Kavala, northern Greece. About 1,500 asylum-seekers transported from Greece's eastern Aegean island of Lesbos to the mainland. Around 1,000 of those transferred and housed in Nea Kavala, where they will be staying in tents until the end of the month, after which they will be transferred to a new camp under construction. AP
A migrant arrives at a refugee camp in Nea Kavala, northern Greece. About 1,500 asylum-seekers transported from Greece's eastern Aegean island of Lesbos to the mainland. Around 1,000 of those transferred and housed in Nea Kavala, where they will be staying in tents until the end of the month, after which they will be transferred to a new camp under construction. AP
Children sleep inside a tent at a refugee camp in Nea Kavala, northern Greece. About 1,500 asylum-seekers transported from Greece's eastern Aegean island of Lesbos to the mainland. Around 1,000 of those transferred and housed in Nea Kavala, where they will be staying in tents until the end of the month, after which they will be transferred to a new camp under construction. AP
Children sleep inside a tent at a refugee camp in Nea Kavala, northern Greece. About 1,500 asylum-seekers transported from Greece's eastern Aegean island of Lesbos to the mainland. Around 1,000 of those transferred and housed in Nea Kavala, where they will be staying in tents until the end of the month, after which they will be transferred to a new camp under construction. AP

Mr Várhelyi said the biggest obstacle was the economic challenge resulting from the coronavirus pandemic.

“Unless we help to bring a more diverse, a more modern economy to this region, we will continue to see major social and economic difficulties,” he told a press conference.

“Therefore, it’s a common interest to invest directly into the economy and create growth and jobs directly in the region."

He also highlighted security challenges and the rise in terrorism and human trafficking in the past 10 years.

The EU, in partnership with countries, was determined to step up efforts to stop migrant smuggling networks and to strengthen asylum governance.

In its proposals, the bloc said that its Mediterranean neighbours were some of the main hotspots of climate change, while also being home to major potential sources of solar and wind energy.

“Increasing climate change adaptation capacities and disaster risk reduction is a priority in the region,” it said.

The%C2%A0specs%20
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%204-cylinder%202.0L%20TSI%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%3C%2Fstrong%3E%20Dual%20clutch%207-speed%0D%3Cbr%3E%3Cstrong%3EPower%3A%3C%2Fstrong%3E%20320HP%20%2F%20235kW%0D%3Cbr%3E%3Cstrong%3ETorque%3A%3C%2Fstrong%3E%20400Nm%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3Efrom%20%2449%2C709%20%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20now%3C%2Fp%3E%0A
Sole survivors
  • Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
  • George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
  • Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
  • Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
COMPANY PROFILE

Name: Lamsa

Founder: Badr Ward

Launched: 2014

Employees: 60

Based: Abu Dhabi

Sector: EdTech

Funding to date: $15 million

While you're here
Recommended
The specs

Engine: 5.0-litre V8

Power: 480hp at 7,250rpm

Torque: 566Nm at 4,600rpm

Transmission: 10-speed auto

Fuel consumption: L/100km

Price: Dh306,495

On sale: now

On Women's Day
Dust and sand storms compared

Sand storm

  • Particle size: Larger, heavier sand grains
  • Visibility: Often dramatic with thick "walls" of sand
  • Duration: Short-lived, typically localised
  • Travel distance: Limited 
  • Source: Open desert areas with strong winds

Dust storm

  • Particle size: Much finer, lightweight particles
  • Visibility: Hazy skies but less intense
  • Duration: Can linger for days
  • Travel distance: Long-range, up to thousands of kilometres
  • Source: Can be carried from distant regions
On Women's Day
The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E2.3-litre%204cyl%20turbo%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E299hp%20at%205%2C500rpm%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E420Nm%20at%202%2C750rpm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E10-speed%20auto%0D%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%20%3C%2Fstrong%3E12.4L%2F100km%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENow%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh157%2C395%20(XLS)%3B%20Dh199%2C395%20(Limited)%3C%2Fp%3E%0A

Director: Laxman Utekar

Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna

Rating: 1/5

Spec%20sheet
%3Cp%3E%3Cstrong%3EDisplay%3A%3C%2Fstrong%3E%204.7%22%20Retina%20HD%2C%201334%20x%20750%2C%20625%20nits%2C%201400%3A1%2C%20True%20Tone%2C%20P3%3Cbr%3E%3Cstrong%3EChip%3A%3C%2Fstrong%3E%20Apple%20A15%20Bionic%2C%206-core%20CPU%2C%204-core%20GPU%2C%2016-core%20Neural%20Engine%3Cbr%3E%3Cstrong%3ECamera%3A%3C%2Fstrong%3E%2012MP%2C%20f%2F1.8%2C%205x%20digital%20zoom%2C%20Smart%20HDR%2C%20Deep%20Fusion%3Cbr%3E%3Cstrong%3EVideo%3A%3C%2Fstrong%3E%204K%2B%40%2024%2F30%2F60fps%2C%20full%20HD%2B%40%2030%2F60fps%2C%20HD%2B%40%2030%20fps%3Cstrong%3E%3Cbr%3EFront%20camera%3A%20%3C%2Fstrong%3E7MP%2C%20f%2F2.2%2C%20Smart%20HDR%2C%20Deep%20Fusion%3B%20HD%20video%2B%40%2030fps%3Cbr%3E%3Cstrong%3EBattery%3A%3C%2Fstrong%3E%20Up%20to%2015%20hours%20video%2C%2050%20hours%20audio%3B%2050%25%20fast%20charge%20in%2030%20minutes%20with%2020W%20charger%3B%20wireless%20charging%3Cbr%3E%3Cstrong%3EBiometrics%3A%3C%2Fstrong%3E%20Touch%20ID%3Cbr%3E%3Cstrong%3EDurability%3A%3C%2Fstrong%3E%20IP67%2C%20dust%2C%20water%20resistant%20up%20to%201m%20for%2030%20minutes%3Cbr%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20From%20Dh1%2C849%3C%2Fp%3E%0A
In Praise of Zayed

A thousand grains of Sand whirl in the sky
To mark the journey of one passer-by
If then a Cavalcade disturbs the scene,
Shall such grains sing before they start to fly?

What man of Honour, and to Honour bred
Will fear to go wherever Truth has led?
For though a Thousand urge him to retreat
He'll laugh, until such counsellors have fled.

Stands always One, defiant and alone
Against the Many, when all Hope has flown.
Then comes the Test; and only then the time
Of reckoning what each can call his own.

History will not forget: that one small Seed
Sufficed to tip the Scales in time of need.
More than a debt, the Emirates owe to Zayed
Their very Souls, from outside influence freed.
No praise from Roderic can increase his Fame.
Steadfastness was the Essence of his name.
The changing years grow Gardens in the Sand
And build new Roads to Sand which stays the same.
But Hearts are not rebuilt, nor Seed resown.
What was, remains, essentially Alone.
Until the Golden Messenger, all-wise,
Calls out: "Come now, my Friend!" - and All is known

- Roderic Fenwick Owen

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

MATCH INFO

Barcelona 2
Suarez (10'), Messi (52')

Real Madrid 2
Ronaldo (14'), Bale (72')

How to get there

Emirates (www.emirates.com) flies directly to Hanoi, Vietnam, with fares starting from around Dh2,725 return, while Etihad (www.etihad.com) fares cost about Dh2,213 return with a stop. Chuong is 25 kilometres south of Hanoi.
 

Meydan race card

6.30pm: Maiden; Dh165,000; (Dirt) 1,200m
7.05pm: Handicap; Dh170,000; (D) 1,200m​​​​​​​
7.40pm: Maiden; Dh165,000; (D) 1,900m​​​​​​​
8.15pm: Handicap; Dh185,000; (D) 2,000m​​​​​​​​​​​​​​
8.50pm: Handicap; Dh185,000; (D) 1,600m​​​​​​​
9.25pm: Handicap; Dh165,000; (D) 2,000m

Who is Mohammed Al Halbousi?

The new speaker of Iraq’s parliament Mohammed Al Halbousi is the youngest person ever to serve in the role.

The 37-year-old was born in Al Garmah in Anbar and studied civil engineering in Baghdad before going into business. His development company Al Hadeed undertook reconstruction contracts rebuilding parts of Fallujah’s infrastructure.

He entered parliament in 2014 and served as a member of the human rights and finance committees until 2017. In August last year he was appointed governor of Anbar, a role in which he has struggled to secure funding to provide services in the war-damaged province and to secure the withdrawal of Shia militias. He relinquished the post when he was sworn in as a member of parliament on September 3.

He is a member of the Al Hal Sunni-based political party and the Sunni-led Coalition of Iraqi Forces, which is Iraq’s largest Sunni alliance with 37 seats from the May 12 election.

He maintains good relations with former Prime Minister Nouri Al Maliki’s State of Law Coaliton, Hadi Al Amiri’s Badr Organisation and Iranian officials.

What is graphene?

Graphene is extracted from graphite and is made up of pure carbon.

It is 200 times more resistant than steel and five times lighter than aluminum.

It conducts electricity better than any other material at room temperature.

It is thought that graphene could boost the useful life of batteries by 10 per cent.

Graphene can also detect cancer cells in the early stages of the disease.

The material was first discovered when Andre Geim and Konstantin Novoselov were 'playing' with graphite at the University of Manchester in 2004.

Jebel Ali results

2pm: Handicap (PA) Dh 50,000 (Dirt) 1,400m

Winner: AF Al Moreeb, Antonio Fresu (jockey), Ernst Oertel (trainer)

2.30pm: Maiden (TB) Dh 60,000 (D) 1,400m

Winner: Shamikh, Ryan Curatolo, Nicholas Bachalard

3pm: Handicap (TB) Dh 64,000 (D) 1,600m

Winner: One Vision, Connor Beasley, Ali Rashid Al Raihe

3.30pm: Conditions (TB) Dh 100,000 (D) 1,600m

Winner: Gabr, Sam Hitchcott, Doug Watson

4pm: Handicap (TB) Dh 96,000 (D) 1,800m

Winner: Just A Penny, Sam Hitchcock, Doug Watson

4.30pm: Maiden (TB) Dh 60,000 (D) 1,600m

Winner: Torno Subito, Sam Hitchcock, Doug Watson

5pm: Handicap (TB) Dh 76,000 (D) 1,950m

Winner: Untold Secret, Jose Santiago, Salem bin Ghadayer

Email sent to Uber team from chief executive Dara Khosrowshahi

From: Dara

To: Team@

Date: March 25, 2019 at 11:45pm PT

Subj: Accelerating in the Middle East

Five years ago, Uber launched in the Middle East. It was the start of an incredible journey, with millions of riders and drivers finding new ways to move and work in a dynamic region that’s become so important to Uber. Now Pakistan is one of our fastest-growing markets in the world, women are driving with Uber across Saudi Arabia, and we chose Cairo to launch our first Uber Bus product late last year.

Today we are taking the next step in this journey—well, it’s more like a leap, and a big one: in a few minutes, we’ll announce that we’ve agreed to acquire Careem. Importantly, we intend to operate Careem independently, under the leadership of co-founder and current CEO Mudassir Sheikha. I’ve gotten to know both co-founders, Mudassir and Magnus Olsson, and what they have built is truly extraordinary. They are first-class entrepreneurs who share our platform vision and, like us, have launched a wide range of products—from digital payments to food delivery—to serve consumers.

I expect many of you will ask how we arrived at this structure, meaning allowing Careem to maintain an independent brand and operate separately. After careful consideration, we decided that this framework has the advantage of letting us build new products and try new ideas across not one, but two, strong brands, with strong operators within each. Over time, by integrating parts of our networks, we can operate more efficiently, achieve even lower wait times, expand new products like high-capacity vehicles and payments, and quicken the already remarkable pace of innovation in the region.

This acquisition is subject to regulatory approval in various countries, which we don’t expect before Q1 2020. Until then, nothing changes. And since both companies will continue to largely operate separately after the acquisition, very little will change in either teams’ day-to-day operations post-close. Today’s news is a testament to the incredible business our team has worked so hard to build.

It’s a great day for the Middle East, for the region’s thriving tech sector, for Careem, and for Uber.

Uber on,

Dara

RESULT

Arsenal 1 Chelsea 2
Arsenal: Aubameyang (13')
Chelsea: Jorginho (83'), Abraham (87') 

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

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

Winners

Ballon d’Or (Men’s)
Ousmane Dembélé (Paris Saint-Germain / France)

Ballon d’Or Féminin (Women’s)
Aitana Bonmatí (Barcelona / Spain)

Kopa Trophy (Best player under 21 – Men’s)
Lamine Yamal (Barcelona / Spain)

Best Young Women’s Player
Vicky López (Barcelona / Spain)

Yashin Trophy (Best Goalkeeper – Men’s)
Gianluigi Donnarumma (Paris Saint-Germain and Manchester City / Italy)

Best Women’s Goalkeeper
Hannah Hampton (England / Aston Villa and Chelsea)

Men’s Coach of the Year
Luis Enrique (Paris Saint-Germain)

Women’s Coach of the Year
Sarina Wiegman (England)

Brief scores:

Liverpool 3

Mane 24', Shaqiri 73', 80'

Manchester United 1

Lingard 33'

Man of the Match: Fabinho (Liverpool)

'Ghostbusters: From Beyond'

Director: Jason Reitman

Starring: Paul Rudd, Carrie Coon, Finn Wolfhard, Mckenna Grace

Rating: 2/5

RUGBY CHAMPIONSHIP FIXTURES

September 30
South Africa v Australia
Argentina v New Zealand

October 7
South Africa v New Zealand
Argentina v Australia

Kareem Shaheen on Canada
The specs

Engine: Dual 180kW and 300kW front and rear motors

Power: 480kW

Torque: 850Nm

Transmission: Single-speed automatic

Price: From Dh359,900 ($98,000)

On sale: Now

UK’s AI plan
  • AI ambassadors such as MIT economist Simon Johnson, Monzo cofounder Tom Blomfield and Google DeepMind’s Raia Hadsell
  • £10bn AI growth zone in South Wales to create 5,000 jobs
  • £100m of government support for startups building AI hardware products
  • £250m to train new AI models

Company profile

Name: GiftBag.ae

Based: Dubai

Founded: 2011

Number of employees: 4

Sector: E-commerce

Funding: Self-funded to date

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
SPECS
%3Cp%3EEngine%3A%20Supercharged%203.5-litre%20V6%0D%3Cbr%3EPower%3A%20400hp%0D%3Cbr%3ETorque%3A%20430Nm%0D%3Cbr%3EOn%20sale%3A%20Now%0D%3Cbr%3EPrice%3A%20From%20Dh450%2C000%0D%3Cbr%3E%3C%2Fp%3E%0A
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