Sheikh Mohamed conveyed his best wishes to Sheikh Tamim. Presidential Court. Presidential Court / AFP
Sheikh Mohamed conveyed his best wishes to Sheikh Tamim. Presidential Court. Presidential Court / AFP
Sheikh Mohamed conveyed his best wishes to Sheikh Tamim. Presidential Court. Presidential Court / AFP
Sheikh Mohamed conveyed his best wishes to Sheikh Tamim. Presidential Court. Presidential Court / AFP

President Sheikh Mohamed congratulates Qatar on start of Fifa World Cup


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President Sheikh Mohamed on Monday congratulated emir of Qatar Sheikh Tamim and his country on the start of the Fifa World Cup.

During a call between the two leaders, Sheikh Mohamed conveyed his best wishes to Sheikh Tamim and emphasised the UAE’s support for Doha in hosting a successful tournament, which he said represents a great achievement for Qatar and the Arab world.

Sheikh Tamim thanked Sheikh Mohamed and wished him good health and further progress and prosperity for the UAE.

Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, on Sunday attended the World Cup's opening game between Qatar and Ecuador at Al Bayt Stadium, Al Khor.

They were welcomed in Doha by Sheikh Abdullah bin Hamad, Deputy Ruler of Qatar.

Other guests at the match included King Abdullah of Jordan and Saudi Arabia Crown Prince Mohammed bin Salman.

What are NFTs?

Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.

You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”

However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.

This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”

This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.

New UK refugee system

 

  • A new “core protection” for refugees moving from permanent to a more basic, temporary protection
  • Shortened leave to remain - refugees will receive 30 months instead of five years
  • A longer path to settlement with no indefinite settled status until a refugee has spent 20 years in Britain
  • To encourage refugees to integrate the government will encourage them to out of the core protection route wherever possible.
  • Under core protection there will be no automatic right to family reunion
  • Refugees will have a reduced right to public funds
The specs

Engine: 2.0-litre 4-cyl, 48V hybrid

Transmission: eight-speed automatic

Power: 325bhp

Torque: 450Nm

Price: Dh359,000

On sale: now 

The specs
Engine: 3.6 V6

Transmission: 8-speed auto

Power: 295bhp

Torque: 353Nm

Price: Dh155,000

On sale: now 

Seemar’s top six for the Dubai World Cup Carnival:

1. Reynaldothewizard
2. North America
3. Raven’s Corner
4. Hawkesbury
5. New Maharajah
6. Secret Ambition

House-hunting

Top 10 locations for inquiries from US house hunters, according to Rightmove

  1. Edinburgh, Scotland 
  2. Westminster, London 
  3. Camden, London 
  4. Glasgow, Scotland 
  5. Islington, London 
  6. Kensington and Chelsea, London 
  7. Highlands, Scotland 
  8. Argyll and Bute, Scotland 
  9. Fife, Scotland 
  10. Tower Hamlets, London 

 

Updated: November 21, 2022, 4:49 PM