Flame tree, royal poinciana, flamboyant
By the time you read this profile, most Delonix planted in coastal areas where humidity is higher should be in bloom and the reason for its various common names and popularity as an ornamental specimen should be self-evident.
If anything, however, I find the open, spreading form of this tree and delicate, fern-like foliage even more attractive than its brilliant vermilion flowers. A yellow-flowered variety, delonix regia var. flavida, also exists but is uncommon in the UAE.
Delonix is commonly used as a shade tree in parks and gardens but should not be planted in areas near parked cars because its brittle branches have a tendency to snap.
Semi-deciduous, Delonix will also lose most of its foliage at the end of each winter in the period immediately prior to flowering. However, this only serves to highlight its floral display. It also has shallow, spreading roots, which makes it difficult to grow very much underneath.
Delonix is widely available in cultivation but is now rare in its native habitat, the dry deciduous forests of Madagascar. It is best propagated from seed that has been scarified and soaked in hot water before planting.
An early version of this story was incorrectly illustrated with a picture of the Australian native tree Brachychiton acerifolius, commonly known as the Illawarra Flame Tree. The image should have been Delonix regia, which also has the common name Flame Tree.
Specs
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Range: Up to 610km
Power: 905hp
Torque: 985Nm
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Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
Round 3: February 7-9, Dubai Autodrome – Dubai
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
Company profile
Date started: 2015
Founder: John Tsioris and Ioanna Angelidaki
Based: Dubai
Sector: Online grocery delivery
Staff: 200
Funding: Undisclosed, but investors include the Jabbar Internet Group and Venture Friends
The Kingfisher Secret
Anonymous, Penguin Books
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.
Our legal consultant
Name: Dr Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
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Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal
Stars: Basel Adra, Yuval Abraham
Rating: 3.5/5
