Saudi Arabia is investing heavily in anti-ageing science via the Hevolution Foundation to allow people to enjoy better health and live longer. Bloomberg
Saudi Arabia is investing heavily in anti-ageing science via the Hevolution Foundation to allow people to enjoy better health and live longer. Bloomberg
Saudi Arabia is investing heavily in anti-ageing science via the Hevolution Foundation to allow people to enjoy better health and live longer. Bloomberg
Saudi Arabia is investing heavily in anti-ageing science via the Hevolution Foundation to allow people to enjoy better health and live longer. Bloomberg

Longevity summit hears how we could all be living longer


Nick Webster
  • English
  • Arabic

Existing obesity drugs could be used to tackle ageing as scientists try to improve healthy living into old age, experts said at a longevity science conference in Riyadh.

Reprogramming damaged cells, the development of therapeutics and using human data to better understand the ageing process were major breakthroughs discussed at the Global Healthspan Summit, hosted by the Hevolution Foundation in Saudi Arabia on Wednesday.

An international cohort of anti-ageing specialists, medics, scientists and investors are in Riyadh for a two-day meeting to expand the field of longevity science.

We now strive to reverse disease and ultimately prevent it – that’s what's going to help humanity
Jerry Mclaughlin,
chief executive, Life Biosciences

The kingdom launched the non-profit Hevolution Foundation in 2021 as part of a key strategy in its Vision 2030 plan to increase the average life expectancy in the country from 74 to 80.

With the global population living over the age of 60 expected to double to about two billion by 2050, the issue of healthy ageing has become critical, experts said.

“Healthy ageing and longevity is at the forefront of our daily discussions and of our strategy,” said Dr Tareef Alaama, deputy minister for curative services at the Ministry of Health Saudi Arabia.

“Vision 2030 has put the health of the human being first, to utilise data and statistics to look at variability of ageing among regions.

“We can design actual interventions [which can] contribute in a cost-effective way to improve life expectancy of humans.”

Targets set by the United Nations to reduce premature deaths from non-communicable disease (NCD) by 2030 aim to ease the pressure on healthcare budgets.

Across the GCC, NCDs cost nations more than $97 billion a year as a result of absenteeism and economic inactivity.

World Health Organisation figures show that about 39 per cent of women and 29 per cent of men in Saudi Arabia are obese while more than 4.2 million adults have diabetes, according to the International Diabetes Federation.

Obesity drugs

Prof Brian Kennedy, an expert in biochemistry and physiology at NUS Singapore, said obesity and diabetes were key drivers in early ageing.

Obesity drugs could hold the key to longer living. Bloomberg
Obesity drugs could hold the key to longer living. Bloomberg

“There's a large overlap between metabolic dysfunction and ageing,” Prof Kennedy said at the conference.

“A lot of drugs like Metformin, beta blockers and statins are already in use in clinics and were chosen because they target risk factors for specific diseases.

“When we look back on some of the most successful drugs we've been using over the past few decades, we're going to realise we were already treating ageing.

“I'm pretty confident in what we use for people that have obesity or metabolic disease is also probably going to be helpful for ageing.

“The fundamental question is that in people with a normal glucose metabolism, will it improve their health span?”

Modern trends pushing populations to a more aged society will place a heavy burden on national economies, with fewer people fit to work and more requiring social care.

It is a familiar scenario around the world.

Changing demographics also play a role, driven by better health care to reduce disease, a falling birth rate and a culture in some countries of women leaving employment to care for elderly relatives.

The $1 billion Hevolution Foundation fund aims to further research into anti-ageing to reverse the trend.

Funding of almost $100 million was expected to be announced over the course of the two-day event to help accelerate scientific discoveries in the health sector.

Dr Peter Fedichev, is co-founder of Gero – a US biotech company working with Pfizer and Harvard University to create therapeutics against chronic disease to slow the human ageing process.

“Ageing is the most important risk factor to health,” he said.

“It contributes to lifespan and the probability of getting diseases.

“Practically we can characterise the progress of ageing very well, and there are lots of drugs that reduce effects of diseases and most probably also increase lifespan.”

Dr Fedichev said hundreds of millions of electronic medical records worldwide and more than 10 million known genotypes can be used by AI to understand why some people age faster than others.

“Some effects of ageing are not reversible, but some are,” he said.

“This data can help us understand which drugs will have effect later in life, so we actually aim to delay ageing, turning the last 10 years of life into 20.”

Damaged cells repaired

Life Bioscience, a US company using innovative therapeutics to target the biology of ageing, is researching partial epigenetic reprogramming, a form of medical science that repairs damaged cells that lead to disease.

A defective epigenome can contribute, along with genomic mutations, to the development of cancer and other illnesses. Research has shown that reprogramming can reset epigenetic ageing clocks, delaying the onset of disease.

“From a therapeutics perspective, we would consider ourselves a failure if all we did was treat symptoms,” chief executive of Life Biosciences, Jerry McLaughlin, said at the Global Healthspan Summit.

”We now strive to reverse disease and ultimately prevent it – that’s what's going to help humanity.

“As we age, our epigenome drifts, which can lead to unhealthy cells we now know are underlying factors in a number of age-related diseases.

“We're able to take these cells and return them to a more youthful state.

“When they're healthy, they're productive, efficient and resilient to disease.

“The fact we can now restore these cells to a more youthful and productive state is phenomenal.”

 

Company: Instabug

Founded: 2013

Based: Egypt, Cairo

Sector: IT

Employees: 100

Stage: Series A

Investors: Flat6Labs, Accel, Y Combinator and angel investors

What the law says

Micro-retirement is not a recognised concept or employment status under Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations (as amended) (UAE Labour Law). As such, it reflects a voluntary work-life balance practice, rather than a recognised legal employment category, according to Dilini Loku, senior associate for law firm Gateley Middle East.

“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.

“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”

If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.

The specs

Engine: 4.0-litre V8 twin-turbocharged and three electric motors

Power: Combined output 920hp

Torque: 730Nm at 4,000-7,000rpm

Transmission: 8-speed dual-clutch automatic

Fuel consumption: 11.2L/100km

On sale: Now, deliveries expected later in 2025

Price: expected to start at Dh1,432,000

The specs

AT4 Ultimate, as tested

Engine: 6.2-litre V8

Power: 420hp

Torque: 623Nm

Transmission: 10-speed automatic

Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)

On sale: Now

Red flags
  • Promises of high, fixed or 'guaranteed' returns.
  • Unregulated structured products or complex investments often used to bypass traditional safeguards.
  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching

if you go

The flights

Emirates offer flights to Buenos Aires from Dubai, via Rio De Janeiro from around Dh6,300. emirates.com

Seeing the games

Tangol sell experiences across South America and generally have good access to tickets for most of the big teams in Buenos Aires: Boca Juniors, River Plate, and Independiente. Prices from Dh550 and include pick up and drop off from your hotel in the city. tangol.com

 

Staying there

Tangol will pick up tourists from any hotel in Buenos Aires, but after the intensity of the game, the Faena makes for tranquil, upmarket accommodation. Doubles from Dh1,110. faena.com

 

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UAE currency: the story behind the money in your pockets
UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

Getting there

The flights

Emirates and Etihad fly to Johannesburg or Cape Town daily. Flights cost from about Dh3,325, with a flying time of 8hours and 15 minutes. From there, fly South African Airlines or Air Namibia to Namibia’s Windhoek Hosea Kutako International Airport, for about Dh850. Flying time is 2 hours.

The stay

Wilderness Little Kulala offers stays from £460 (Dh2,135) per person, per night. It is one of seven Wilderness Safari lodges in Namibia; www.wilderness-safaris.com.

Skeleton Coast Safaris’ four-day adventure involves joining a very small group in a private plane, flying to some of the remotest areas in the world, with each night spent at a different camp. It costs from US$8,335.30 (Dh30,611); www.skeletoncoastsafaris.com

The 15 players selected

Muzzamil Afridi, Rahman Gul, Rizwan Haider (Dezo Devils); Shahbaz Ahmed, Suneth Sampath (Glory Gladiators); Waqas Gohar, Jamshaid Butt, Shadab Ahamed (Ganga Fighters); Ali Abid, Ayaz Butt, Ghulam Farid, JD Mahesh Kumara (Hiranni Heros); Inam Faried, Mausif Khan, Ashok Kumar (Texas Titans

Electric scooters: some rules to remember
  • Riders must be 14-years-old or over
  • Wear a protective helmet
  • Park the electric scooter in designated parking lots (if any)
  • Do not leave electric scooter in locations that obstruct traffic or pedestrians
  • Solo riders only, no passengers allowed
  • Do not drive outside designated lanes
Company profile

Company: Rent Your Wardrobe 

Date started: May 2021 

Founder: Mamta Arora 

Based: Dubai 

Sector: Clothes rental subscription 

Stage: Bootstrapped, self-funded 

The specs
Engine: Long-range single or dual motor with 200kW or 400kW battery
Power: 268bhp / 536bhp
Torque: 343Nm / 686Nm
Transmission: Single-speed automatic
Max touring range: 620km / 590km
Price: From Dh250,000 (estimated)
On sale: Later this year
The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
  • Torque: 760nm
  • On sale: 2026
  • Price: Not announced yet
Volvo ES90 Specs

Engine: Electric single motor (96kW), twin motor (106kW) and twin motor performance (106kW)

Power: 333hp, 449hp, 680hp

Torque: 480Nm, 670Nm, 870Nm

On sale: Later in 2025 or early 2026, depending on region

Price: Exact regional pricing TBA

Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

Specs

Engine: Dual-motor all-wheel-drive electric

Range: Up to 610km

Power: 905hp

Torque: 985Nm

Price: From Dh439,000

Available: Now

'Avengers: Infinity War'
Dir: The Russo Brothers
Starring: Chris Evans, Chris Pratt, Tom Holland, Robert Downey Junior, Scarlett Johansson, Elizabeth Olsen
Four stars

Film: In Syria
Dir: Philippe Van Leeuw
Starring: Hiam Abbass, Diamand Bo Abboud, Mohsen Abbas and Juliette Navis
Verdict: Four stars

PREMIER LEAGUE STATS

Romelu Lukaku's goalscoring statistics in the Premier League 
Season/club/appearances (substitute)/goals

2011/12 Chelsea: 8(7) - 0
2012/13 West Brom (loan): 35(15) - 17
2013/14 Chelsea: 2(2) - 0
2013/14 Everton (loan): 31(2) - 15
2014/15 Everton: 36(4) - 10
2015/16 Everton: 37(1) - 18
2016/17 Everton: 37(1) - 25  

War 2

Director: Ayan Mukerji

Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana

Rating: 2/5

What sanctions would be reimposed?

Under ‘snapback’, measures imposed on Iran by the UN Security Council in six resolutions would be restored, including:

  • An arms embargo
  • A ban on uranium enrichment and reprocessing
  • A ban on launches and other activities with ballistic missiles capable of delivering nuclear weapons, as well as ballistic missile technology transfer and technical assistance
  • A targeted global asset freeze and travel ban on Iranian individuals and entities
  • Authorisation for countries to inspect Iran Air Cargo and Islamic Republic of Iran Shipping Lines cargoes for banned goods
THE TWIN BIO

Their favourite city: Dubai

Their favourite food: Khaleeji

Their favourite past-time : walking on the beach

Their favorite quote: ‘we rise by lifting others’ by Robert Ingersoll

Titanium Escrow profile

Started: December 2016
Founder: Ibrahim Kamalmaz
Based: UAE
Sector: Finance / legal
Size: 3 employees, pre-revenue  
Stage: Early stage
Investors: Founder's friends and Family

The White Lotus: Season three

Creator: Mike White

Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell

Rating: 4.5/5

Springtime in a Broken Mirror,
Mario Benedetti, Penguin Modern Classics

 

Tips on buying property during a pandemic

Islay Robinson, group chief executive of mortgage broker Enness Global, offers his advice on buying property in today's market.

While many have been quick to call a market collapse, this simply isn’t what we’re seeing on the ground. Many pockets of the global property market, including London and the UAE, continue to be compelling locations to invest in real estate.

While an air of uncertainty remains, the outlook is far better than anyone could have predicted. However, it is still important to consider the wider threat posed by Covid-19 when buying bricks and mortar. 

Anything with outside space, gardens and private entrances is a must and these property features will see your investment keep its value should the pandemic drag on. In contrast, flats and particularly high-rise developments are falling in popularity and investors should avoid them at all costs.

Attractive investment property can be hard to find amid strong demand and heightened buyer activity. When you do find one, be prepared to move hard and fast to secure it. If you have your finances in order, this shouldn’t be an issue.

Lenders continue to lend and rates remain at an all-time low, so utilise this. There is no point in tying up cash when you can keep this liquidity to maximise other opportunities. 

Keep your head and, as always when investing, take the long-term view. External factors such as coronavirus or Brexit will present challenges in the short-term, but the long-term outlook remains strong. 

Finally, keep an eye on your currency. Whenever currency fluctuations favour foreign buyers, you can bet that demand will increase, as they act to secure what is essentially a discounted property.

What can you do?

Document everything immediately; including dates, times, locations and witnesses

Seek professional advice from a legal expert

You can report an incident to HR or an immediate supervisor

You can use the Ministry of Human Resources and Emiratisation’s dedicated hotline

In criminal cases, you can contact the police for additional support

Results

2.30pm: Expo 2020 Dubai – Conditions (PA) Dh80,000 (Dirt) 1,600m; Winner: Barakka, Ray Dawson (jockey), Ahmad bin Harmash (trainer)

3.05pm: Now Or Never – Maiden (TB) Dh82,500 (Turf) 1,600m; Winner: One Idea, Andrea Atzeni, Doug Watson

3.40pm: This Is Our Time – Handicap (TB) Dh82,500 (D) 1,600m; Winner: Perfect Balance, Tadhg O’Shea, Bhupat Seemar

4.15pm: Visit Expo 2020 – Handicap (TB) Dh87,500 (T) 1,600m; Winner: Kaheall, Richard Mullen, Salem bin Ghadayer

4.50pm: The World In One Place – Handicap (TB) Dh95,000 (T) 1.900m; Winner: Castlebar, Adrie de Vries, Helal Al Alawi

5.25pm: Vision – Handicap (TB) Dh95,000 (D) 1,200m; Winner: Shanty Star, Richard Mullen, Rashed Bouresly

6pm: Al Wasl Plaza – Handicap (TB) Dh95,000 (T) 1,200m; Winner: Jadwal, Dane O’Neill, Doug Watson

Indoor Cricket World Cup Dubai 2017

Venue Insportz, Dubai; Admission Free

Fixtures - Open Men 2pm: India v New Zealand, Malaysia v UAE, Singapore v South Africa, Sri Lanka v England; 8pm: Australia v Singapore, India v Sri Lanka, England v Malaysia, New Zealand v South Africa

Fixtures - Open Women Noon: New Zealand v England, UAE v Australia; 6pm: England v South Africa, New Zealand v Australia

Lexus LX700h specs

Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

On sale: Now

Price: From Dh590,000

MOUNTAINHEAD REVIEW

Starring: Ramy Youssef, Steve Carell, Jason Schwartzman

Director: Jesse Armstrong

Rating: 3.5/5

Updated: November 29, 2023, 4:50 PM`