Faisal Alibrahim, Saudi Arabia's Minister of Economy and Planning, speaks during a panel session at the World Economic Forum. Bloomberg
Faisal Alibrahim, Saudi Arabia's Minister of Economy and Planning, speaks during a panel session at the World Economic Forum. Bloomberg
Faisal Alibrahim, Saudi Arabia's Minister of Economy and Planning, speaks during a panel session at the World Economic Forum. Bloomberg
Faisal Alibrahim, Saudi Arabia's Minister of Economy and Planning, speaks during a panel session at the World Economic Forum. Bloomberg

Business

Economy

Middle East economies set to grow despite global geopolitical and economic challenges

Regional policymakers cognisant of challenges as uncertainty rises amid weakening economic outlook, panellists at Davos say

Sarmad Khan
Sarmad Khan

January 19, 2023

  • English
  • Arabic

Knock-on effects of inflation, the energy crisis and the geopolitical situation have intensified global economic headwinds but economies in the GCC and the wider Middle East are expected to fend off challenges as policymakers closely watch the evolving situation.

Although uncertainty has risen in recent times, with an unprecedented jump in energy and commodity prices and increases in interest rates globally, the economic momentum driven by careful policy implementation over the past two years in the region is expected to continue in 2023, ministers and business leaders said on Thursday at the World Economic Forum in Davos.

“We were quite cognisant of the challenges that the world is facing but we're also looking closely at these evolving challenges and how they're moving,” said Faisal Alibrahim, Saudi Arabia’s Minister of Economy and Planning.

READ MORE

Saudi Arabia is 'bright spot' in hard times for global economy, IMF chief says

GCC economies well positioned as the world enters uncertain 2023

There will continue to be interest rate increases, however, with China emerging out of Covid lockdown.

“There is an opportunity for what people perceive to be a global recession to only be a slowdown, except for a few areas”, the minister said.

“And for it to probably bottom out towards the second half of the year at the worst.”

In October, the International Monetary Fund cut its global economic growth forecast to 2.7 per cent for 2023, 0.2 percentage points lower than its July forecast.

It also warned of a 25 per cent probability that output could fall below 2 per cent in 2023, the weakest growth since 2001 except for the 2008 global financial crisis and the acute phase of the Covid-19 pandemic.

The fund's managing director Kristalina Georgieva on Wednesday said that 2023 will be a difficult year, with “unthinkable events” including the pandemic as well as the war in Ukraine and its impact on energy and food prices.

She said Saudi Arabia, Opec’s biggest crude producer and Arab world’s largest economy, has turned out to be a bright spot at a difficult time for the world economy and the kingdom needs to maintain its high growth rate in 2023.

The IMF estimates the kingdom's economy grew 7.6 per cent in 2022 after 3.2 per cent growth in 2021. Jadwa Investment projected an economic expansion of 8.7 per cent last year, while the Organisation for Economic Co-operation and Development estimated gross domestic product growth of as much as 9.9 per cent.

Saudi Finance Minister Mohammed Al Jadaan in December said the kingdom's GDP is forecast to have grown 8.5 per cent last year, with average inflation at about 2.6 per cent.

“Saudi Arabia is becoming the global growth story, but if you double-click on that 8.5 per cent [growth rate], you will see that our non-oil activities in the private sector, essentially, have grown at a very high rate, up to the end of the third quarter on a cumulative basis,” Mr Alibrahim said on Thursday.

The kingdom, which was the fastest growing G20 economy last year, plans to continue to enact its Vision 2030 economic reform agenda that has already borne fruit.

It also plans to continue evolving “new sectors” including tourism, sports and entertainment to boost the private sector’s contribution to GDP to achieve 3.1 per cent or more economic growth this year, he added.

Egypt, the most populous Arab country, also expects to hit its 5 per cent GDP growth target this year, despite “unprecedented" economic turbulence this year, Hala Younes, Egypt’s Minister of Planning and Economic Development, told delegates.

“We are all living in unprecedented times. Very, very challenging times,” she said.

Lawrence Summers, president emeritus and professor at Harvard University, speaks during a panel session on day three of the World Economic Forum's Annual Meeting in Davos, Switzerland. Bloomberg
Lawrence Summers, president emeritus and professor at Harvard University, speaks during a panel session on day three of the World Economic Forum's Annual Meeting in Davos, Switzerland. Bloomberg
Netherlands Prime Minister Mark Rutte and Tanzanian President Samia Hassan during a panel discussion in Davos. AP
Netherlands Prime Minister Mark Rutte and Tanzanian President Samia Hassan during a panel discussion in Davos. AP
EU Parliament President Roberta Metsola speaks at the forum. AP
EU Parliament President Roberta Metsola speaks at the forum. AP
Greek Prime Minister Kyriakos Mitsotakis, left, speaks to CNN journalist Fareed Zakaria at the Congress Centre in Davos. AFP
Greek Prime Minister Kyriakos Mitsotakis, left, speaks to CNN journalist Fareed Zakaria at the Congress Centre in Davos. AFP
Iranian-American journalist and women's rights activist Masih Alinejad takes part in an interview with a TV news channel in Davos. AFP
Iranian-American journalist and women's rights activist Masih Alinejad takes part in an interview with a TV news channel in Davos. AFP
Mr Mitsotakis is seen on a TV camera viewfinder at the Congress Centre in Davos. AFP
Mr Mitsotakis is seen on a TV camera viewfinder at the Congress Centre in Davos. AFP
Faisal Alibrahim, Saudi Arabia's Economy and Planning Minister, speaks during a panel session in Davos. Bloomberg
Faisal Alibrahim, Saudi Arabia's Economy and Planning Minister, speaks during a panel session in Davos. Bloomberg
Climate activist Greta Thunberg addresses journalists in Davos. Reuters
Climate activist Greta Thunberg addresses journalists in Davos. Reuters
Mary Erdoes, chief executive of JP Morgan Chase's asset wealth management arm, listens during a panel session in Davos. Bloomberg
Mary Erdoes, chief executive of JP Morgan Chase's asset wealth management arm, listens during a panel session in Davos. Bloomberg
Officials take part in the World Economic Forum's Busting Business Barriers session. Photo: World Economic Forum
Officials take part in the World Economic Forum's Busting Business Barriers session. Photo: World Economic Forum
Dr Thani Al Zeyoudi, the UAE Minister of State for Foreign Trade, is among the senior officials in Davos. Photo: WEF
Dr Thani Al Zeyoudi, the UAE Minister of State for Foreign Trade, is among the senior officials in Davos. Photo: WEF
Former US vice president Al Gore, who is also a member of board of trustees of the forum, at a session titled Leading the Charge through Earth's New Normal. Photo: WEF
Former US vice president Al Gore, who is also a member of board of trustees of the forum, at a session titled Leading the Charge through Earth's New Normal. Photo: WEF
Famed cellist Yo-Yo Ma performs at the event. Photo: WEF
Famed cellist Yo-Yo Ma performs at the event. Photo: WEF
Deemah Al Yahya, secretary general of the Digital Co-operation Organisation in Saudi Arabia, at the forum's Turning Technologies into the Markets of Tomorrow session. Photo: WEF
Deemah Al Yahya, secretary general of the Digital Co-operation Organisation in Saudi Arabia, at the forum's Turning Technologies into the Markets of Tomorrow session. Photo: WEF
US climate change envoy John Kerry at the Keeping the Pace on Climate session. Photo: WEF
US climate change envoy John Kerry at the Keeping the Pace on Climate session. Photo: WEF
Shoes worn by Rodrigo Oliveira, founder of Brazilian group Green Mining, emphasise support for environmental initiatives. Photo: WEF
Shoes worn by Rodrigo Oliveira, founder of Brazilian group Green Mining, emphasise support for environmental initiatives. Photo: WEF
Mina Al-Oraibi, Editor in Chief of The National, moderates a session on the Middle East that featured Prince Faisal bin Farhan, Saudi Arabia's Minister of Foreign Affairs. Photo: WEF
Mina Al-Oraibi, Editor in Chief of The National, moderates a session on the Middle East that featured Prince Faisal bin Farhan, Saudi Arabia's Minister of Foreign Affairs. Photo: WEF
Officials and delegates take part in the Middle East: Meeting Point or Battleground? session. Photo: WEF
Officials and delegates take part in the Middle East: Meeting Point or Battleground? session. Photo: WEF
Polish President Andrzej Duda speaks at the Restoring Security and Peace session. Photo: WEF
Polish President Andrzej Duda speaks at the Restoring Security and Peace session. Photo: WEF
Mr Duda, Nato chief Jens Stoltenberg, Canada's Deputy Prime Minister Chrystia Freeland, Yuliia Svyrydenko, first deputy prime minister in Ukraine, and US Director of National Intelligence Avril Haines attend a session hosted by broadcaster Fareed Zakaria. Photo: WEF
Mr Duda, Nato chief Jens Stoltenberg, Canada's Deputy Prime Minister Chrystia Freeland, Yuliia Svyrydenko, first deputy prime minister in Ukraine, and US Director of National Intelligence Avril Haines attend a session hosted by broadcaster Fareed Zakaria. Photo: WEF
Olena Zelenska, Ukraine's first lady, watches as Ukrainian President Volodymyr Zelenskyy addresses the forum. Photo: WEF
Olena Zelenska, Ukraine's first lady, watches as Ukrainian President Volodymyr Zelenskyy addresses the forum. Photo: WEF
Mohamad Al Ississ, Jordan's Minister of Finance, takes part in the session titled The Middle East: Meeting Point or Battleground? Photo: WEF
Mohamad Al Ississ, Jordan's Minister of Finance, takes part in the session titled The Middle East: Meeting Point or Battleground? Photo: WEF
Mr Zelenskyy gives a video address to the forum in Davos. AFP
Mr Zelenskyy gives a video address to the forum in Davos. AFP
Former US secretary of state Henry Kissinger appears on screen during the annual meeting of the World Economic Forum, in Davos. AP
Former US secretary of state Henry Kissinger appears on screen during the annual meeting of the World Economic Forum, in Davos. AP
US governors Brian Kemp and JB Pritzker, senators Chris Coons, Joe Manchin and Kyrsten Sinema and representatives Maria Salazar and Mikie Sherrill take part in a panel discussion at Davos. AP
US governors Brian Kemp and JB Pritzker, senators Chris Coons, Joe Manchin and Kyrsten Sinema and representatives Maria Salazar and Mikie Sherrill take part in a panel discussion at Davos. AP
Saudi Foreign Minister Prince Faisal bin Farhan attends a session in Davos. AFP
Saudi Foreign Minister Prince Faisal bin Farhan attends a session in Davos. AFP
Chinese Vice Premier Liu He on the opening day of the forum. Bloomberg
Chinese Vice Premier Liu He on the opening day of the forum. Bloomberg
Fifa president Gianni Infantino, left, and Patrice Motsepe, billionaire founder of African Rainbow Minerals, arrive at the forum's venue in Davos. EPA
Fifa president Gianni Infantino, left, and Patrice Motsepe, billionaire founder of African Rainbow Minerals, arrive at the forum's venue in Davos. EPA
Finland's Prime Minister Sanna Marin, right, is interviewed by Fareed Zakaria in Davos. AP
Finland's Prime Minister Sanna Marin, right, is interviewed by Fareed Zakaria in Davos. AP
Delegates visit the refreshments area between sessions in Davos. Bloomberg
Delegates visit the refreshments area between sessions in Davos. Bloomberg
Singer Angelique Kidjo performs in Davos. EPA
Singer Angelique Kidjo performs in Davos. EPA
From left, WEF founder Klaus Schwab, European Commission President Ursula von der Leyen, Ukrainian first lady Olena Zelenska and Swiss President Alain Berset pose together during the 53rd annual meeting of the forum in Davos. EPA
From left, WEF founder Klaus Schwab, European Commission President Ursula von der Leyen, Ukrainian first lady Olena Zelenska and Swiss President Alain Berset pose together during the 53rd annual meeting of the forum in Davos. EPA
Ms Zelenska hit out at Russia and said 'we cannot allow a new Chernobyl to happen'. AFP
Ms Zelenska hit out at Russia and said 'we cannot allow a new Chernobyl to happen'. AFP
Mr Berset addresses delegates in Davos. EPA
Mr Berset addresses delegates in Davos. EPA
Ms von der Leyen said the 27-nation bloc would become much more forceful in countering unfair trading practices. Reuters
Ms von der Leyen said the 27-nation bloc would become much more forceful in countering unfair trading practices. Reuters
Ferdinand Marcos, President of the Philippines, arrives to attend a session in Davos. AP
Ferdinand Marcos, President of the Philippines, arrives to attend a session in Davos. AP
Former US vice president Al Gore is expected to discuss decarbonisation, as well as efforts to build clean energy infrastructure and ensure equitable growth. EPA
Former US vice president Al Gore is expected to discuss decarbonisation, as well as efforts to build clean energy infrastructure and ensure equitable growth. EPA
From second left, WEF president Borge Brende, Carbon Direct vice chairwoman Nili Gilbert and US climate envoy John Kerry with other delegates in Davos. EPA
From second left, WEF president Borge Brende, Carbon Direct vice chairwoman Nili Gilbert and US climate envoy John Kerry with other delegates in Davos. EPA
Credit Suisse chairman Axel Lehmann speaks during the 53rd WEF Annual Meeting. EPA
Credit Suisse chairman Axel Lehmann speaks during the 53rd WEF Annual Meeting. EPA
DP World chief executive Sultan bin Sulayem in Davos. Bloomberg
DP World chief executive Sultan bin Sulayem in Davos. Bloomberg
UBS chief executive Ralph Hamers speaks during a television interview on the opening day of the forum. Bloomberg
UBS chief executive Ralph Hamers speaks during a television interview on the opening day of the forum. Bloomberg
From left, Hong Kong Exchanges & Clearing Ltd chairwoman Laura Cha, Banco de Portugal Governor Mario Centeno, Bloomberg TV anchor Francine Lacqua, Credit Suisse chairman Axel Lehmann and S&P Global president and chief executive Douglas Peterson during a panel session on the opening day of the forum. Bloomberg
From left, Hong Kong Exchanges & Clearing Ltd chairwoman Laura Cha, Banco de Portugal Governor Mario Centeno, Bloomberg TV anchor Francine Lacqua, Credit Suisse chairman Axel Lehmann and S&P Global president and chief executive Douglas Peterson during a panel session on the opening day of the forum. Bloomberg
Mr Kerry delivers a speech at the Congress Centre in Davos. AFP
Mr Kerry delivers a speech at the Congress Centre in Davos. AFP
Musicians take part in a concert during the official opening of the forum. Photo: WEF
Musicians take part in a concert during the official opening of the forum. Photo: WEF
Jordanian vocalist Farah Siraj, centre, and Egyptian-Australian multi-instrumentalist Joseph Tawadros, left, perform during the I Sea You concert. Photo: WEF
Jordanian vocalist Farah Siraj, centre, and Egyptian-Australian multi-instrumentalist Joseph Tawadros, left, perform during the I Sea You concert. Photo: WEF
Tawadros is one of the world's leading oud performers and composers. Photo: WEF
Tawadros is one of the world's leading oud performers and composers. Photo: WEF
WEF managing director Alois Zwinggi speaks during a session called 'In Harmony with Nature'. Photo: WEF
WEF managing director Alois Zwinggi speaks during a session called 'In Harmony with Nature'. Photo: WEF
Gail Whiteman, left, a professor of sustainability at the University of Exeter Business School, speaks during the 'In Harmony with Nature' panel discussion. Photo: WEF
Gail Whiteman, left, a professor of sustainability at the University of Exeter Business School, speaks during the 'In Harmony with Nature' panel discussion. Photo: WEF
Mr Schwab delivers a speech during the 'Crystal Award' ceremony in Davos. AFP
Mr Schwab delivers a speech during the 'Crystal Award' ceremony in Davos. AFP
Actor Idris Elba, right, and his wife Sabrina Dhowre Elba, left, smile on the podium during the Crystal Award ceremony. AP
Actor Idris Elba, right, and his wife Sabrina Dhowre Elba, left, smile on the podium during the Crystal Award ceremony. AP
Kyiv Mayor Vitali Klitschko attends the Crystal Award ceremony. EPA
Kyiv Mayor Vitali Klitschko attends the Crystal Award ceremony. EPA
Singer Renee Fleming, right, receives a Crystal Award from Hilde Schwab, wife of WEF founder Klaus Schwab. AP
Singer Renee Fleming, right, receives a Crystal Award from Hilde Schwab, wife of WEF founder Klaus Schwab. AP
Delegates at the welcome reception before the official start of the forum. Bloomberg
Delegates at the welcome reception before the official start of the forum. Bloomberg
Food for attendees at the welcome reception. Bloomberg
Food for attendees at the welcome reception. Bloomberg
A kiosk serving hot chocolate from the UAE at the forum. Bloomberg
A kiosk serving hot chocolate from the UAE at the forum. Bloomberg
The Infosys pavilion at the forum. Bloomberg
The Infosys pavilion at the forum. Bloomberg
Ukraine's pavilion in Davos. Reuters
Ukraine's pavilion in Davos. Reuters
Swiss police officers on patrol in Davos. Reuters
Swiss police officers on patrol in Davos. Reuters
From left, German Vice Chancellor Robert Habeck with Swiss ministers Guy Parmelin and Albert Roesti before the start of a bilateral meeting in Davos. EPA
From left, German Vice Chancellor Robert Habeck with Swiss ministers Guy Parmelin and Albert Roesti before the start of a bilateral meeting in Davos. EPA
A delegate passes a digital display in Davos. Bloomberg
A delegate passes a digital display in Davos. Bloomberg

However, Egypt has a resilient economy and despite challenges, it maintained 3.6 per cent growth during the pandemic, one of the very few countries to achieve that feat.

"Even last year, we achieved 6.6 per cent economic growth,” she said.

The minister said consumer inflation — which rose sharply in December to 21.3 per cent, its highest level in five years, and piled pressure on the government — will start to come down this year as costs of essential commodities such as wheat start to come down in the international market.

Egypt, which is one of the biggest wheat importers in the world, also devalued its currency three times in 10 months, but the minister said the situation will improve as the tourism sector bounces back and foreign direct investment levels improve.

FDI in December last year almost doubled to $9 billion, up from $5 billion in the previous year, she said.

“We are taking the corrective measures … in order to attract FDI and stabilise the market.”

Bahrain, the smallest GCC economy, achieved about 7 per cent year-on-year non-oil economic growth in the third quarter of last year and the kingdom expects to hit its 5 per cent overall 2022 target of non-oil economic growth when final data are released, Bahrain’s Minister of Sustainable Development Noor Alkhulaif said.

The kingdom, which still relies about 70 per cent on oil proceeds, plans to diversify and widen its revenue base.

The country, which increased VAT from 5 per cent in 2019 to 10 per cent in 2022, is mulling other options including imposing a corporate tax, she said.

There is no timeline as to when the kingdom may make a decision on levying a new corporate tax, however it has no plans to introduce a personal income tax, she added.

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%3Cp%3EChris%20Jordan%20insists%20Sanchit%20Sharma%20will%20make%20an%20impact%20on%20the%20ILT20%2C%20despite%20him%20starting%20the%20campaign%20on%20Gulf%20Giants'%20bench.%3Cbr%3EThe%20young%20UAE%20seamer%20was%20an%20instant%20success%20for%20the%20side%20last%20season%2C%20and%20remained%20part%20of%20the%20XI%20as%20they%20claimed%20the%20title.%3Cbr%3EHe%20has%20yet%20to%20feature%20this%20term%20as%20the%20Giants%20have%20preferred%20Aayan%20Khan%20and%20Usman%20Khan%20as%20their%20two%20UAE%20players%20so%20far.%3Cbr%3EHowever%2C%20England%20quick%20Jordan%20is%20sure%20his%20young%20colleague%20will%20have%20a%20role%20to%20play%20at%20some%20point.%3Cbr%3E%22Me%20and%20Sanchit%20have%20a%20great%20relationship%20from%20last%20season%2C%22%20Jordan%20said.%3Cbr%3E%22Whenever%20I%20am%20working%20with%20more%20inexperienced%20guys%2C%20I%20take%20pleasure%20in%20sharing%20as%20much%20as%20possible.%3Cbr%3E%22I%20know%20what%20it%20was%20like%20when%20I%20was%20younger%20and%20learning%20off%20senior%20players.%3Cbr%3E%22Last%20season%20Sanchit%20kick-started%20our%20season%20in%20Abu%20Dhabi%20with%20a%20brilliant%20man-of-the-match%20performance.%3Cbr%3E%22Coming%20into%20this%20one%2C%20I%20have%20seen%20a%20lot%20of%20improvement.%20The%20focus%20he%20is%20showing%20will%20only%20stand%20him%20in%20good%20stead.%22%3C%2Fp%3E%0A
More on World Cup 2018
On Women's Day
Pathaan
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Siddharth%20Anand%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Shah%20Rukh%20Khan%2C%20Deepika%20Padukone%2C%20John%20Abraham%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A
While you're here
What are the GCSE grade equivalents?
 
  • Grade 9 = above an A*
  • Grade 8 = between grades A* and A
  • Grade 7 = grade A
  • Grade 6 = just above a grade B
  • Grade 5 = between grades B and C
  • Grade 4 = grade C
  • Grade 3 = between grades D and E
  • Grade 2 = between grades E and F
  • Grade 1 = between grades F and G
Ferrari 12Cilindri specs

Engine: naturally aspirated 6.5-liter V12

Power: 819hp

Torque: 678Nm at 7,250rpm

Price: From Dh1,700,000

Available: Now

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.
ESSENTIALS

The flights

Emirates flies from Dubai to Phnom Penh via Yangon from Dh2,700 return including taxes. Cambodia Bayon Airlines and Cambodia Angkor Air offer return flights from Phnom Penh to Siem Reap from Dh250 return including taxes. The flight takes about 45 minutes.

The hotels

Rooms at the Raffles Le Royal in Phnom Penh cost from $225 (Dh826) per night including taxes. Rooms at the Grand Hotel d'Angkor cost from $261 (Dh960) per night including taxes.

The tours

A cyclo architecture tour of Phnom Penh costs from $20 (Dh75) per person for about three hours, with Khmer Architecture Tours. Tailor-made tours of all of Cambodia, or sites like Angkor alone, can be arranged by About Asia Travel. Emirates Holidays also offers packages. 

The biog

Name: Gul Raziq

From: Charsadda, Pakistan

Family: Wife and six children

Favourite holes at Al Ghazal: 15 and 8

Golf Handicap: 6

Childhood sport: cricket 

GROUP RESULTS

Group A
Results
Ireland beat UAE by 226 runs
West Indies beat Netherlands by 54 runs

Group B
Results
Zimbabwe tied with Scotland
Nepal beat Hong Kong by five wickets

UAE%20PREMIERSHIP
%3Cp%3E%3Cstrong%3EFinal%3A%3C%2Fstrong%3E%20Dubai%20Hurricanes%20v%20Jebel%20Ali%20Dragons%0D%3Cbr%3E%0DSaturday%2C%208.15pm%2C%20Al%20Ain%20Amblers%0D%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ESemi-final%20results%3C%2Fstrong%3E%0D%3Cbr%3EDubai%20Exiles%2020-26%20Dubai%20Hurricanes%0D%3Cbr%3EDubai%20Tigers%2032-43%20Jebel%20Ali%20Dragons%0D%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ETable%3C%2Fstrong%3E%0D%3Cbr%3E1%20Dubai%20Tigers%2C%2033%20points%0D%3Cbr%3E2%20Dubai%20Exiles%2C%2024%20points%0D%3Cbr%3E3%20Dubai%20Hurricanes%2C%2018%20points%0D%3Cbr%3E4%20Jebel%20Ali%20Dragons%2C%2014%20points%0D%3Cbr%3E5%20Abu%20Dhabi%20Harlequins%2C%2014%20points%3C%2Fp%3E%0A
ELIO

Starring: Yonas Kibreab, Zoe Saldana, Brad Garrett

Directors: Madeline Sharafian, Domee Shi, Adrian Molina

Rating: 4/5

On Women's Day
Results

5pm: UAE Martyrs Cup (TB) Conditions Dh90,000 2,200m

Winner: Mudaarab, Jim Crowley (jockey), Erwan Charpy (trainer).

5.30pm: Wathba Stallions Cup (PA) Handicap Dh70,000 1,400m

Winner: Jawal Al Reef, Richard Mullen, Hassan Al Hammadi.

6pm: UAE Matyrs Trophy (PA) Maiden Dh80,000 1,600m

Winner: Salima Al Reef, Jesus Rosales, Abdallah Al Hammadi.

6.30pm: Sheikha Fatima bint Mubarak (IFAHR) Apprentice Championship (PA) Prestige Dh100,000 1,600m

Winner: Bainoona, Ricardo Iacopini, Eric Lemartinel.

7pm: Sheikha Fatima bint Mubarak (IFAHR) Ladies World Championship (PA) Prestige Dh125,000 1,600m

Winner: Assyad, Victoria Larsen, Eric Lemartinel.

8pm: Sheikh Zayed bin Sultan Al Nahyan Jewel Crown (PA) Group 1 Dh5,000,000 1,600m

Winner: Mashhur Al Khalediah, Jean-Bernard Eyquem, Phillip Collington.

Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
World%20Cup%202023%20ticket%20sales
%3Cp%3EAugust%2025%20%E2%80%93%20Non-India%20warm-up%20matches%20and%20all%20non-India%20event%20matches%0D%3Cbr%3EAugust%2030%20%E2%80%93%20India%20matches%20at%20Guwahati%20and%20Trivandrum%0D%3Cbr%3EAugust%2031%20%E2%80%93%20India%20matches%20at%20Chennai%2C%20Delhi%20and%20Pune%0D%3Cbr%3ESeptember%201%20%E2%80%93%20India%20matches%20at%20Dharamsala%2C%20Lucknow%20and%20Mumbai%0D%3Cbr%3ESeptember%202%20%E2%80%93%20India%20matches%20at%20Bengaluru%20and%20Kolkata%0D%3Cbr%3ESeptember%203%20%E2%80%93%20India%20matches%20at%20Ahmedabad%0D%3Cbr%3ESeptember%2015%20%E2%80%93%20Semi-finals%20and%20Final%3C%2Fp%3E%0A
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.

Mubalada World Tennis Championship 2018 schedule

Thursday December 27

Men's quarter-finals

Kevin Anderson v Hyeon Chung 4pm

Dominic Thiem v Karen Khachanov 6pm

Women's exhibition

Serena Williams v Venus Williams 8pm

Friday December 28

5th place play-off 3pm

Men's semi-finals

Rafael Nadal v Anderson/Chung 5pm

Novak Djokovic v Thiem/Khachanov 7pm

Saturday December 29

3rd place play-off 5pm

Men's final 7pm

The specs

Engine: 1.6-litre 4-cyl turbo

Power: 217hp at 5,750rpm

Torque: 300Nm at 1,900rpm

Transmission: eight-speed auto

Price: from Dh130,000

On sale: now

COMPANY%20PROFILE
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World Mental Health Day
COMPANY%20PROFILE
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Company%20Profile
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F1 The Movie

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

Director: Joseph Kosinski

Rating: 4/5

On Women's Day
While you're here
Updated: January 19, 2023, 7:46 PM`
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