Sultan Qaboos remembered on Oman's 51st national day


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Oman celebrated its 51st national day on Thursday as congratulations poured in from around the world.

Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, posted a congratulatory message to the people of Oman along with a song dedicated to the country.

Kuwait lit up its towers with the Omani flag on Wednesday evening while the UAE said it is hosting a number of events and shows to mark the occasion.

People also took the occasion as an opportunity to remember Sultan Qaboos bin Said Al Said who passed away in January last year.

Social media users posted images of decorations commemorating the former leader who ruled the country for 50 years.

"In the most poignant expressions of love: You have the world and we have the memories of Qaboos," one social media user wrote along with an image of that phrase displayed on a vehicle.

"He will be in our hearts forever," another person wrote along with an image of the former Sultan.

Before the country's 51st anniversary, Sultan Haitham bin Tarik pardoned 328 prisoners including 107 foreigners, Oman's state news agency said on Thursday.

In a slight change from its usual grandiose celebrations, Oman is doing without the luminescent street decorations this year as the government pays mind to spending to create jobs for citizens amid the coronavirus pandemic.

Others shared a portrayal of Sultan Qaboos symbolically passing the mantle to Sultan Haitham.

Keeping up with its annual tradition, Google issued a doodle for the occasion with the Omani flag flapping in the wind, as it has done every year on the country's national day.

Fireworks are expected to go off in the Governorate of Muscat on Thursday and in Dhofar on Friday at 8pm local time, Oman's state news agency said. Sultan Haitham attended a military parade in the capital on Thursday, the news agency said.

The day is also considered a national holiday for public and private organisations to allow citizens and residents of the country to celebrate and exchange congratulations.

Oman is known in the Middle East and Arabian Gulf for its reputation as the Switzerland of the region because of its often neutral position in political conflicts and ability to broker peace between clashing nations and interests.

Multitasking pays off for money goals

Tackling money goals one at a time cost financial literacy expert Barbara O'Neill at least $1 million.

That's how much Ms O'Neill, a distinguished professor at Rutgers University in the US, figures she lost by starting saving for retirement only after she had created an emergency fund, bought a car with cash and purchased a home.

"I tell students that eventually, 30 years later, I hit the million-dollar mark, but I could've had $2 million," Ms O'Neill says.

Too often, financial experts say, people want to attack their money goals one at a time: "As soon as I pay off my credit card debt, then I'll start saving for a home," or, "As soon as I pay off my student loan debt, then I'll start saving for retirement"."

People do not realise how costly the words "as soon as" can be. Paying off debt is a worthy goal, but it should not come at the expense of other goals, particularly saving for retirement. The sooner money is contributed, the longer it can benefit from compounded returns. Compounded returns are when your investment gains earn their own gains, which can dramatically increase your balances over time.

"By putting off saving for the future, you are really inhibiting yourself from benefiting from that wonderful magic," says Kimberly Zimmerman Rand , an accredited financial counsellor and principal at Dragonfly Financial Solutions in Boston. "If you can start saving today ... you are going to have a lot more five years from now than if you decide to pay off debt for three years and start saving in year four."

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Fixtures

Opening day Premier League fixtures for August 9-11

August 9

Liverpool v Norwich 11pm

August 10

West Ham v Man City 3.30pm

Bournemouth v Sheffield Utd 6pm

Burnley v Southampton 6pm

C Palace v Everton 6pm

Leicester v Wolves 6pm

Watford v Brighton 6pm

Tottenham v Aston Villa 8.30pm

August 11

Newcastle v Arsenal 5pm

Man United v Chelsea 7.30pm

 

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Updated: November 18, 2021, 2:30 PM`