People walk down the Long Walk ahead of the Coronation of Britain's King Charles, in Windsor on Saturday. Reuters
People walk down the Long Walk ahead of the Coronation of Britain's King Charles, in Windsor on Saturday. Reuters
People walk down the Long Walk ahead of the Coronation of Britain's King Charles, in Windsor on Saturday. Reuters
People walk down the Long Walk ahead of the Coronation of Britain's King Charles, in Windsor on Saturday. Reuters


Why King Charles should shrink his real estate empire


  • English
  • Arabic

May 01, 2023

One of the functions carried out by King Charles III in the lead up to his coronation next weekend was the dedication of the “anointing screen”. It will cover the UK’s new monarch from the cameras at the vital moment when he is anointed with oil in the ceremony.

The screen is a work of magnificence in itself. The hand and digital embroidery, managed by the Royal School of Needlework, has created a tree that includes 56 leaves representing the 56 member countries of the Commonwealth. The screen is borne on oak poles made from a tree planted in 1765.

On the day of the coronation, these poles, topped by two eagles, cast in bronze and gilded in gold leaf, are to be held at a total height of 2.6 metres and width of 2.2 metres. Buckingham Palace has said that the three sides of the screen will be borne by a Trooper and Guardsman from each of The Life Guards, Grenadier Guards, Coldstream Guards, Scots Guards, Irish Guards and Welsh Guards.

The Palace note explained that the screen is a collaboration of specialists in traditional crafts, including members of the Worshipful Company of Broderers, Drapers and Weavers and the Worshipful Company of Carpenters.

I mention all this because nothing is left to chance in matters surrounding the UK monarchy. The emphasis is on the cumulative and a careful build-up to grand events. There is no space for quick thinking or chopping and changing to suit the occasion. After all, a mere cloth screen that will be used for minutes has a backstory that goes back centuries, plus a recent history involving dozens of specialists.

A view of souvenirs designed for the coronation of King Charles in Windsor, Britain, on Saturday. Reuters
A view of souvenirs designed for the coronation of King Charles in Windsor, Britain, on Saturday. Reuters
The portfolio is simply too big for the smaller circle of royals

Yet, there are a number of those who argue that King Charles at 74 must be ruthless and rapid in his decisions during his time on the throne. The coronation may not be the time to demonstrate this agenda, but the work must start exactly after it.

What caught my eye about the announcement on the dedication of the anointing screen was that it was held in the Chapel Royal at St James’s Palace in central London.

There has been much talk in recent years about the slimmed-down monarchy and King Charles having an agenda of running a core team of himself, heir Prince William and a few other hardworking and trusted relatives.

Some of the balcony pictures from the era of the Silver Jubilee in 1977 and onwards would show dozens of royals, most of whom were described as working royals. This means that at the time, they gained some support from the state funds entrusted to the monarch. And crucially they would have a royal residence plus, most likely, a grace-and-favour apartment in one of the central royal palaces.

It is quite a step change to now go down to just a handful of senior royals working at the coalface of investitures, walkabouts and ceremonial patronages. One problem, however, is that the number of palaces hasn’t been reduced. This is one area where a ruthless king could act to show a country struggling with a cost-of-living crisis that he was interested in a lighter burden.

In London alone, there is considerable slack. St James’s Palace is practically the only domain of his sister Princess Anne. King Charles lives just next door in Clarence House as he appears to resist a formal move into Buckingham Palace (which is undergoing renovation). Kensington Palace has a smattering of elderly grandchildren of King George V. Prince William and family have more or less abandoned it.

The UK royal family has often moved on from palaces and properties that monarchs spurn.

The anointing screen used in the coronation of King Charles III at St James's Palace in London. AFP
The anointing screen used in the coronation of King Charles III at St James's Palace in London. AFP
King Charles III has inherited Balmoral Castle (left) from the Crown Estate. He also owns Tresco Island in the Isles of Scilly on which sits Dolphin House, where the Duke and Duchess of Cambridge have holidayed. Photo: Alamy, Dolphin House
King Charles III has inherited Balmoral Castle (left) from the Crown Estate. He also owns Tresco Island in the Isles of Scilly on which sits Dolphin House, where the Duke and Duchess of Cambridge have holidayed. Photo: Alamy, Dolphin House

The surviving parts of Richmond Palace, the home of King Henry VII, in what is now a south-west London suburb, are now rented out on lease by the Crown Estate, providing an income for the royal fortune and a salubrious home for modern families. The Wardrobe, Trumpeters' House and Gate House still bear royal markings even if they are now occupied by commoners.

Nearby Hampton Court is a working tourist attraction – and another place of residence for a lucky few – not a King’s bastion. Osborne House on the Isle of Wight may have been one of Queen Victoria’s sanctuaries, but it has long served as a tourist attraction.

The conversion of Buckingham Palace and its 40 acres of gardens into an open-door central London public spectacle has been occasionally discussed. The ornate interiors of Kensington Palace, such as the ceilings of the Cupola Room and the Presence Chamber, would attract as many visitors as a Paris museum but are not marketed as accessible to the public.

Turning over the properties of the Crown in central London is more than just an economic decision. It may be tied up in considerations around the national heritage. For the royals as a family, there may be sadness at forfeiting city apartments that are very convenient. For staff, there would surely be rationalisation involved.

The King should weigh this against the cost of not acting. The portfolio is simply too big for the smaller circle of royals. The next generation amounts to Prince William’s three young children. The generational overhang of King Charles’s cousins has withered quickly.

Showing that he is prepared to take bold action would endear the monarch and make the royals less vulnerable to a hostile turn in the public mood. A reforming monarch who put his own family on a sounder footing would be a fitting legacy for the man who is anointed King under that special cloth on Saturday.

Evacuations to France hit by controversy
  • Over 500 Gazans have been evacuated to France since November 2023
  • Evacuations were paused after a student already in France posted anti-Semitic content and was subsequently expelled to Qatar
  • The Foreign Ministry launched a review to determine how authorities failed to detect the posts before her entry
  • Artists and researchers fall under a programme called Pause that began in 2017
  • It has benefited more than 700 people from 44 countries, including Syria, Turkey, Iran, and Sudan
  • Since the start of the Gaza war, it has also included 45 Gazan beneficiaries
  • Unlike students, they are allowed to bring their families to France
Dust and sand storms compared

Sand storm

  • Particle size: Larger, heavier sand grains
  • Visibility: Often dramatic with thick "walls" of sand
  • Duration: Short-lived, typically localised
  • Travel distance: Limited 
  • Source: Open desert areas with strong winds

Dust storm

  • Particle size: Much finer, lightweight particles
  • Visibility: Hazy skies but less intense
  • Duration: Can linger for days
  • Travel distance: Long-range, up to thousands of kilometres
  • Source: Can be carried from distant regions
SPEC%20SHEET
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THE%C2%A0SPECS
%3Cp%3EEngine%3A%204-cylinder%202.5-litre%20%2F%202-litre%20turbo%0D%3Cbr%3EPower%3A%20188hp%20%2F%20248hp%0D%3Cbr%3ETorque%3A%20244Nm%20%2F%20370Nm%0D%3Cbr%3ETransmission%3A%207-speed%20auto%0D%3Cbr%3EOn%20sale%3A%20now%0D%3Cbr%3EPrice%3A%20From%20Dh110%2C000%0D%3C%2Fp%3E%0A
GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

The specs

Engine: 3.9-litre twin-turbo V8

Transmission: seven-speed

Power: 620bhp

Torque: 760Nm

Price: Dh898,000

On sale: now

Jetour T1 specs

Engine: 2-litre turbocharged

Power: 254hp

Torque: 390Nm

Price: From Dh126,000

Available: Now

Scoreline

Bournemouth 2

Wilson 70', Ibe 74'

Arsenal 1

Bellerin 52'

Manikarnika: The Queen of Jhansi

Director: Kangana Ranaut, Krish Jagarlamudi

Producer: Zee Studios, Kamal Jain

Cast: Kangana Ranaut, Ankita Lokhande, Danny Denzongpa, Atul Kulkarni

Rating: 2.5/5

UAE currency: the story behind the money in your pockets
Email sent to Uber team from chief executive Dara Khosrowshahi

From: Dara

To: Team@

Date: March 25, 2019 at 11:45pm PT

Subj: Accelerating in the Middle East

Five years ago, Uber launched in the Middle East. It was the start of an incredible journey, with millions of riders and drivers finding new ways to move and work in a dynamic region that’s become so important to Uber. Now Pakistan is one of our fastest-growing markets in the world, women are driving with Uber across Saudi Arabia, and we chose Cairo to launch our first Uber Bus product late last year.

Today we are taking the next step in this journey—well, it’s more like a leap, and a big one: in a few minutes, we’ll announce that we’ve agreed to acquire Careem. Importantly, we intend to operate Careem independently, under the leadership of co-founder and current CEO Mudassir Sheikha. I’ve gotten to know both co-founders, Mudassir and Magnus Olsson, and what they have built is truly extraordinary. They are first-class entrepreneurs who share our platform vision and, like us, have launched a wide range of products—from digital payments to food delivery—to serve consumers.

I expect many of you will ask how we arrived at this structure, meaning allowing Careem to maintain an independent brand and operate separately. After careful consideration, we decided that this framework has the advantage of letting us build new products and try new ideas across not one, but two, strong brands, with strong operators within each. Over time, by integrating parts of our networks, we can operate more efficiently, achieve even lower wait times, expand new products like high-capacity vehicles and payments, and quicken the already remarkable pace of innovation in the region.

This acquisition is subject to regulatory approval in various countries, which we don’t expect before Q1 2020. Until then, nothing changes. And since both companies will continue to largely operate separately after the acquisition, very little will change in either teams’ day-to-day operations post-close. Today’s news is a testament to the incredible business our team has worked so hard to build.

It’s a great day for the Middle East, for the region’s thriving tech sector, for Careem, and for Uber.

Uber on,

Dara

If you go...

Flying
There is no simple way to get to Punta Arenas from the UAE, with flights from Dubai and Abu Dhabi requiring at least two connections to reach this part of Patagonia. Flights start from about Dh6,250.

Touring
Chile Nativo offers the amended Los Dientes trek with expert guides and porters who are met in Puerto Williams on Isla Navarino. The trip starts and ends in Punta Arenas and lasts for six days in total. Prices start from Dh8,795.

FROM%20THE%20ASHES
%3Cp%3EDirector%3A%20Khalid%20Fahad%3C%2Fp%3E%0A%3Cp%3EStarring%3A%20Shaima%20Al%20Tayeb%2C%20Wafa%20Muhamad%2C%20Hamss%20Bandar%3C%2Fp%3E%0A%3Cp%3ERating%3A%203%2F5%3C%2Fp%3E%0A
The years Ramadan fell in May

1987

1954

1921

1888

In numbers: China in Dubai

The number of Chinese people living in Dubai: An estimated 200,000

Number of Chinese people in International City: Almost 50,000

Daily visitors to Dragon Mart in 2018/19: 120,000

Daily visitors to Dragon Mart in 2010: 20,000

Percentage increase in visitors in eight years: 500 per cent

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

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

THE%20FLASH
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Andy%20Muschietti%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Sasha%20Calle%2C%20Ben%20Affleck%2C%20Ezra%20Miller%3Cbr%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E3%2F5%3C%2Fp%3E%0A
Company%C2%A0profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3ETuhoon%0D%3Cbr%3E%3Cstrong%3EYear%20started%3A%20%3C%2Fstrong%3EJune%202021%0D%3Cbr%3E%3Cstrong%3ECo-founders%3A%20%3C%2Fstrong%3EFares%20Ghandour%2C%20Dr%20Naif%20Almutawa%2C%20Aymane%20Sennoussi%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3ERiyadh%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3Ehealth%20care%0D%3Cbr%3E%3Cstrong%3ESize%3A%20%3C%2Fstrong%3E15%20employees%2C%20%24250%2C000%20in%20revenue%0D%3Cbr%3EI%3Cstrong%3Envestment%20stage%3A%20s%3C%2Fstrong%3Eeed%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EWamda%20Capital%2C%20Nuwa%20Capital%2C%20angel%20investors%3C%2Fp%3E%0A
The specs

Engine: 3-litre twin-turbo V6

Power: 400hp

Torque: 475Nm

Transmission: 9-speed automatic

Price: From Dh215,900

On sale: Now

While you're here
Children who witnessed blood bath want to help others

Aged just 11, Khulood Al Najjar’s daughter, Nora, bravely attempted to fight off Philip Spence. Her finger was injured when she put her hand in between the claw hammer and her mother’s head.

As a vital witness, she was forced to relive the ordeal by police who needed to identify the attacker and ensure he was found guilty.

Now aged 16, Nora has decided she wants to dedicate her career to helping other victims of crime.

“It was very horrible for her. She saw her mum, dying, just next to her eyes. But now she just wants to go forward,” said Khulood, speaking about how her eldest daughter was dealing with the trauma of the incident five years ago. “She is saying, 'mama, I want to be a lawyer, I want to help people achieve justice'.”

Khulood’s youngest daughter, Fatima, was seven at the time of the attack and attempted to help paramedics responding to the incident.

“Now she wants to be a maxillofacial doctor,” Khulood said. “She said to me ‘it is because a maxillofacial doctor returned your face, mama’. Now she wants to help people see themselves in the mirror again.”

Khulood’s son, Saeed, was nine in 2014 and slept through the attack. While he did not witness the trauma, this made it more difficult for him to understand what had happened. He has ambitions to become an engineer.

BMW M5 specs

Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor

Power: 727hp

Torque: 1,000Nm

Transmission: 8-speed auto

Fuel consumption: 10.6L/100km

On sale: Now

Price: From Dh650,000

Specs

Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request

UAE currency: the story behind the money in your pockets
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COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Alaan%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202021%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Parthi%20Duraisamy%20and%20Karun%20Kurien%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20FinTech%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20%247%20million%20raised%20in%20total%20%E2%80%94%20%242.5%20million%20in%20a%20seed%20round%20and%20%244.5%20million%20in%20a%20pre-series%20A%20round%3Cbr%3E%3Cbr%3E%3C%2Fp%3E%0A
MATCH INFO

Rugby World Cup (all times UAE)

Final: England v South Africa, Saturday, 1pm

Wicked
Director: Jon M Chu
Stars: Cynthia Erivo, Ariana Grande, Jonathan Bailey
Rating: 4/5
What is the definition of an SME?

SMEs in the UAE are defined by the number of employees, annual turnover and sector. For example, a “small company” in the services industry has six to 50 employees with a turnover of more than Dh2 million up to Dh20m, while in the manufacturing industry the requirements are 10 to 100 employees with a turnover of more than Dh3m up to Dh50m, according to Dubai SME, an agency of the Department of Economic Development.

A “medium-sized company” can either have staff of 51 to 200 employees or 101 to 250 employees, and a turnover less than or equal to Dh200m or Dh250m, again depending on whether the business is in the trading, manufacturing or services sectors. 

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UAE currency: the story behind the money in your pockets
COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

No.6 Collaborations Project

Ed Sheeran (Atlantic)

Updated: May 01, 2023, 5:00 AM