US President Donald Trump and Indian Prime Minister Narendra Modi take the stage during a rally celebration in Houston, Texas. REUTERS
US President Donald Trump and Indian Prime Minister Narendra Modi take the stage during a rally celebration in Houston, Texas. REUTERS

Modi's Texas visit to see Trump shows strong US-Indian ties



I write to you in reference to your article Howdy, Modi: Donald Trump to join Indian-American extravaganza in Texas (September 22), on the recent meeting between US President Donald Trump and Indian Prime Minister Narendra Modi in the city of Houston, Texas.

It was heartening to see the event attended by more than 50,000 Indian-Americans and dignitaries from the US. Mr Trump welcomed his Indian counterpart and congratulated Mr Modi on his mammoth victory in the recent Lok Sabha elections. Various senators and congressmen applauded Indian Americans’ contribution to American society whether it is in business, IT, energy, sport or any other field.

This was an opportunity for the US to recognise the significance of the Indian community in America, not only in Texas but all over the US.

In a speech, Mr Modi thanked Mr Trump and the people of US for such a wonderfully warm welcome for him.

The main purpose of Mr Modi’s visit to US has been to reaffirm ties with Mr Trump and a joint commitment to fight terrorism.

K Ragavan, Bengaluru

The only trusted source on Dubai rents fluctuation is the government

I write to you in reference to Deena Kamel's article Dubai home rent and price decline an opportunity, Core Research says (September 22).

One week, rent prices are stable; the next, they are rising because interest rates have dropped and now they are falling again.

Everyone has an opinion about this. I think we should refer to official statistics instead of relying on research by private companies who might have other reasons.

Ian Hainey, Dubai

A no-deal Brexit could bring the downfall of the UK as we know it

I write to you in reference to your article UK travel company Thomas Cook collapses, stranding hundreds of thousands (September 22).

This is bad news, particularly where Brexit is concerned, and it hasn’t even happened yet. In 2016 the Bank of England and others warned of the disastrous consequences of a referendum. Their assessment was that the referendum results would create greater uncertainty in markets and reduce consumer confidence. This is pretty much what drove Thomas Cook out of business.

A no-deal Brexit could bring UK businesses to a standstill.

Zakaria Fadlallah, Dubai

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

RESULT

Al Hilal 4 Persepolis 0
Khribin (31', 54', 89'), Al Shahrani 40'
Red card: Otayf (Al Hilal, 49')

NO OTHER LAND

Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal

Stars: Basel Adra, Yuval Abraham

Rating: 3.5/5

2025 Fifa Club World Cup groups

Group A: Palmeiras, Porto, Al Ahly, Inter Miami.

Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.

Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.

Group D: Flamengo, ES Tunis, Chelsea, Leon.

Group E: River Plate, Urawa, Monterrey, Inter Milan.

Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.

Group G: Manchester City, Wydad, Al Ain, Juventus.

Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.

Specs

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

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 
Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
If you go

 

  • The nearest international airport to the start of the Chuysky Trakt is in Novosibirsk. Emirates (www.emirates.com) offer codeshare flights with S7 Airlines (www.s7.ru) via Moscow for US$5,300 (Dh19,467) return including taxes. Cheaper flights are available on Flydubai and Air Astana or Aeroflot combination, flying via Astana in Kazakhstan or Moscow. Economy class tickets are available for US$650 (Dh2,400).
  • The Double Tree by Hilton in Novosibirsk ( 7 383 2230100,) has double rooms from US$60 (Dh220). You can rent cabins at camp grounds or rooms in guesthouses in the towns for around US$25 (Dh90).
  • The transport Minibuses run along the Chuysky Trakt but if you want to stop for sightseeing, hire a taxi from Gorno-Altaisk for about US$100 (Dh360) a day. Take a Russian phrasebook or download a translation app. Tour companies such as  Altair-Tour ( 7 383 2125115 ) offer hiking and adventure packages.
At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances