Michael Vick, the Eagles quarterback, is pursued by the Falcon's defensive end, Ray Edwards during Atlanta's 35-31 win against Philadelphia.
Michael Vick, the Eagles quarterback, is pursued by the Falcon's defensive end, Ray Edwards during Atlanta's 35-31 win against Philadelphia.

Falcons prove to be a pain in the neck for Vick and Philadelphia



ATLANTA // Michael Vick wobbled off the field with an aching neck late in the third quarter, all done in his return to Atlanta as a starting quarterback.

This is Matt Ryan's city now, and he led the Falcons back with their former quarterback sitting in the locker room.

Ryan threw a career-high four touchdown passes, shaking off all the anticipation over Vick coming back to face his old team, and rallied Atlanta from a 10-point deficit for a 35-31 victory over the Philadelphia Eagles.

Two of Ryan's TD throws went to the ageless tight end Tony Gonzalez, who went past Terrell Owens into the fifth spot on the NFL's career receiving list. Then, Ryan hooked up with Ovie Mughelli on a one-yard score that brought Atlanta to 31-28 with just over six minutes remaining.

The Falcons (1-1) completed the comeback with Michael Turner breaking off a 61-yard run, then powering over from the three with 3:24 remaining. Turner finished with 114 yards on 21 carries.

Vick threw for a pair of touchdowns but left with a neck injury after getting spun by a Falcons rusher into Eagles lineman Todd Herremans. With the Eagles No 7 staggered off the field and Mike Kafka came in for the first game of his two-year career.

Vince Young, normally the backup, was inactive because of a hamstring injury.

Kafka provided a tidy job in a tough situation, guiding the Eagles down the field on a potentially winning drive in the closing minutes. But on fourth down from Atlanta's 22, Jeremy Maclin dropped a pass over the middle that would have kept it going.

The Falcons ran off all but the last five seconds, and Kafka's desperation heave into the end zone was batted down to end the game.

Elsewhere, Aaron Rodgers threw for 308 yards and two scores, while the Green Bay Packers defence withstood another 400-yard passing day from the Carolina rookie Cam Newton to beat the Panthers 30-23.

A week after throwing for 422 yards, Newton topped himself by throwing for 432 yards and a touchdown. He also ran for a four-yard touchdown with 37 seconds left to bring Carolina (0-2) within seven, but the Packers (2-0) recovered an onside kick to seal the victory.

Rodgers found Greg Jennings for a 49-yard touchdown early in the third quarter to put the Packers ahead for the remainder of the match. Then, after Clay Matthews stopped Newton on a fourth-down run inside the 5,

Rodgers found Jordy Nelson for an 84-yard touchdown to make it a two-possession game and help the Packers hang on.

While Newton had another big yardage day, the Packers' defence came up big by forcing the rookie into three interceptions — two by Charles Woodson.

Browns 27, Colts 19

At Indianapolis, Peyton Hillis ran for 94 yards and two touchdowns, Colt McCoy threw for 211 yards and a score and Cleveland ended a five-game losing streak against Indianapolis, who remain without Peyton Manning.

The Colts are 0-2 for the first time since 1998, and Manning is likely to miss two months following his third neck surgery in 20 months. The Browns rebounded with their first win for their new coach Pat Shurmur after a loss to the Bengals last week.

Saints 30, Bears 13

At New Orleans, Drew Brees threw for three touchdowns and the New Orleans' defence beat up on Jay Cutler.

Brees' scoring strikes included a 79-yarder to Devery Henderson. Darren Sproles scored on a 12-yard swing pass and Robert Meachem had a four-yard TD reception as the Saints (1-1) bounced back from an opening week loss to Green Bay.

Facing heavy blitzing and without the injured receiver Roy Williams, Cutler passed for 244 yards and a score, but was sacked six times and fumbled once.

Bills 38, Raiders 35

At Orchard Park, New York, Ryan Fitzpatrick threw a six-yard touchdown pass to David Nelson with 14 seconds left to cap a wild back-and-forth fourth quarter.

The Bills scored touchdowns on all five of their second-half possessions to overcome a 21-3 first-half deficit. The teams traded leads five times over the final 14:10.

Fred Jackson scored twice and had 117 yards rushing for the Bills (2-0) in their home opener. Fitzpatrick finished 28 of 46 for 264 yards and three touchdowns.

Patriots 35, Chargers 21

At Foxborough, Massachusetts, Tom Brady threw for 423 yards six days after setting a single-game team record of 517 in leading New England.

Brady had three touchdown passes and tied for the third most yards passing in club history, going 31 of 40 with no interceptions as the Patriots (2-0) scored on each of their four first-half possessions.

Philip Rivers threw for 378 yards for the Chargers.

Cowboys 27, 49ers 24 (Over-time)

At San Francisco, playing with a fractured rib, Tony Romo hit Jesse Holley on a 77-yard completion in overtime to set up Dan Bailey's winning 19-yard field goal for Dallas.

Bailey kicked a tying 48-yard field goal as time expired in regulation after missing an early 21-yard attempt. Romo completed five of six passes on the tying drive, connecting on consecutive throws to Holley before finding him again in OT.

Redskins 22, Cardinals 21

At Landover, Maryland, Graham Gano kicked a 34-yard field goal with 1:45 remaining as Washington rallied from an eight-point, fourth-quarter deficit.

The Redskins (2-0) beat the Cardinals (1-1) for the eighth time in a row. Santana Moss' 18-yard catch on fourth down with 5:17 remaining pulled Washington within two, but the two-point conversion attempt failed.

After a Cardinals punt, the Redskins got the ball back at their own 36 with 4:20 to play and drove to Arizona's 16 to set up Gano's kick.

Steelers 24, Seahawks 0

At Pittsburgh, Ben Roethlisberger threw for 298 yards and a touchdown as the Steelers put their opening week loss to Baltimore behind them.

Mike Wallace caught eight passes for 126 yards and a score and Rashard Mendenhall ran for 67 yards and a touchdown for the Steelers (1-1), who limited the pointless Seahawks (0-2) to 164 total yards.

A week after committing seven turnovers while getting whipped by rivals Baltimore, the Steelers worked with relentless efficiency against Seattle. Roethlisberger shook off a right knee niggle to complete 22 of 30 passes, and the defence kept Seattle from taking an offensive snap on Pittsburgh's side of the field until midway through the fourth quarter.

Titans 26, Ravens 13

At Nashville, Tennessee, Matt Hasselbeck threw for 358 yards and a touchdown, and Tennessee gave new coach Mike Munchak a big win in their home opener.

With the Ravens (1-1) focused on stopping Chris Johnson, Hasselbeck attacked through the air. Kenny Britt caught nine passes for 135 yards and a TD, while Nate Washington caught seven passes for 99 yards. Rob

Bironas also kicked four field goals as Tennessee (1-1) held the ball for more than 35 minutes and outgained Baltimore 432-229 in total offence.

Texans 23, Dolphins 13 At Miami, Andre Johnson caught a 23-yard touchdown pass from Matt Schaub that helped Houston get off to a 2-0 start.

Miami's sieve-like pass defence was no match for Johnson and Schaub, who threw for 230 yards and had a quarterback rating of 118.5. Johnson made seven catches for 93 yards.

Daniel Thomas rushed for 107 yards for Miami in his NFL debut, but Chad Henne went 12 for 30 and was especially erratic in the red zone.

Buccaneers 24, Vikings 20

At Minneapolis, LeGarrette Blount's four-yard touchdown run with 31 seconds left lifted Tampa Bay and completed another comeback by quarterback Josh Freeman — this time from a 17-0 half-time deficit.

Eight of Freeman's 14 career victories have come when the Bucs (1-1) went ahead in the fourth quarter or overtime. Given how overwhelmed they were before half time, outgained 284 yards to 62 during the first two quarters, this might have been the most impressive.

Lions 48, Chiefs 3

At Detroit, Matthew Stafford threw two of his four TD passes to Calvin Johnson and Detroit came away with their largest margin of victory in a regular season game.

The Lions broke the mark they set with a 44-0 win over the expansion franchise Jacksonville in 1995 and matched the record set in the 1957 NFL title game when they beat Cleveland 59-14.

The Lions (2-0) led Kansas City 20-3 at half time and 41-3 early in the fourth quarter after turning two fumbles into TDs.

Jets 32, Jaguars 3

At East Rutherford, New Jersey, Mark Sanchez threw two touchdown passes as the offence started quickly and Antonio Cromartie had two of New York's four interceptions of Luke McCown.

After having not scored an offensive TD in the first quarter in 16 games, the Jets (2-0) won the toss, elected to receive — a rarity under the defensive-minded Rex Ryan — and scored on a 17-yard catch by Santonio Holmes.

Broncos 24, Bengals 22

At Denver, Kyle Orton threw two TD passes to Eric Decker, Willis McGahee ran for another score and John Fox gained his first win as Denver's coach.

The Broncos (1-1) lost two more players to injury — giving them nine, including six starters — but still topped the Bengals (1-1) for the ninth straight time in Denver, where Cincinnati has not won since 1975.

Andy Dalton, who bruised his right wrist and forearm in Cincinnati's win at Cleveland a week earlier, threw for 332 yards for the Bengals.

RESULTS

5pm: Wathba Stallions Cup – Handicap (PA) Dh70,000 (Turf) 2,200m
Winner: M'A Yaromoon, Jesus Rosales (jockey), Khalifa Al Neydai (trainer)

5.30pm: Khor Al Baghal – Conditions (PA) Dh80,000 (T) 1,600m
Winner: No Riesgo Al Maury, Antonio Fresu, Ibrahim Al Hadhrami

6pm: Khor Faridah – Handicap (PA) Dh80,000 (T) 1,600m
Winner: JAP Almahfuz, Royston Ffrench, Irfan Ellahi

6.30pm: Abu Dhabi Fillies Classic – Prestige (PA) Dh110,000 (T) 1,400m
Winner: Mahmouda, Pat Cosgrave, Abdallah Al Hammadi

7pm: Abu Dhabi Colts Classic – Prestige (PA) Dh110,000 (T) 1,400m
Winner: AS Jezan, George Buckell, Ahmed Al Mehairbi

7.30pm: Khor Laffam – Handicap (TB) Dh80,000 (T) 2,200m
Winner: Dolman, Antonio Fresu, Bhupath Seemar

Banned items
Dubai Police has also issued a list of banned items at the ground on Sunday. These include:
  • Drones
  • Animals
  • Fireworks/ flares
  • Radios or power banks
  • Laser pointers
  • Glass
  • Selfie sticks/ umbrellas
  • Sharp objects
  • Political flags or banners
  • Bikes, skateboards or scooters
The biog

Favourite Quote: “Real victories are those that protect human life, not those that result from its destruction emerge from its ashes,” by The late king Hussain of Jordan.

Favourite Hobby: Writing and cooking

Favourite Book: The Prophet by Gibran Khalil Gibran

BEACH SOCCER WORLD CUP

Group A

Paraguay
Japan
Switzerland
USA

Group B

Uruguay
Mexico
Italy
Tahiti

Group C

Belarus
UAE
Senegal
Russia

Group D

Brazil
Oman
Portugal
Nigeria

Paltan

Producer: JP Films, Zee Studios
Director: JP Dutta
Cast: Jackie Shroff, Sonu Sood, Arjun Rampal, Siddhanth Kapoor, Luv Sinha and Harshvardhan Rane
Rating: 2/5

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.

SPECS
%3Cp%3EEngine%3A%20Supercharged%203.5-litre%20V6%0D%3Cbr%3EPower%3A%20400hp%0D%3Cbr%3ETorque%3A%20430Nm%0D%3Cbr%3EOn%20sale%3A%20Now%0D%3Cbr%3EPrice%3A%20From%20Dh450%2C000%0D%3Cbr%3E%3C%2Fp%3E%0A
Guardians%20of%20the%20Galaxy%20Vol%203
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EJames%20Gunn%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Chris%20Pratt%2C%20Zoe%20Saldana%2C%20Dave%20Bautista%2C%20Vin%20Diesel%2C%20Bradley%20Cooper%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

PRO BASH

Thursday’s fixtures

6pm: Hyderabad Nawabs v Pakhtoon Warriors

10pm: Lahore Sikandars v Pakhtoon Blasters

Teams

Chennai Knights, Lahore Sikandars, Pakhtoon Blasters, Abu Dhabi Stars, Abu Dhabi Dragons, Pakhtoon Warriors and Hyderabad Nawabs.

Squad rules

All teams consist of 15-player squads that include those contracted in the diamond (3), platinum (2) and gold (2) categories, plus eight free to sign team members.

Tournament rules

The matches are of 25 over-a-side with an 8-over power play in which only two fielders allowed outside the 30-yard circle. Teams play in a single round robin league followed by the semi-finals and final. The league toppers will feature in the semi-final eliminator.

How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

Points to remember
  • Debate the issue, don't attack the person
  • Build the relationship and dialogue by seeking to find common ground
  • Express passion for the issue but be aware of when you're losing control or when there's anger. If there is, pause and take some time out.
  • Listen actively without interrupting
  • Avoid assumptions, seek understanding, ask questions
Pieces of Her

Stars: Toni Collette, Bella Heathcote, David Wenham, Omari Hardwick   

Director: Minkie Spiro

Rating:2/5

The specs

Engine: 2.0-litre four-cylinder turbo

Power: 178hp at 5,500rpm

Torque: 280Nm at 1,350-4,200rpm

Transmission: seven-speed dual-clutch auto

Price: from Dh209,000 

On sale: now

RESULTS

Time; race; prize; distance

4pm: Maiden; (D) Dh150,000; 1,200m
Winner: General Line, Xavier Ziani (jockey), Omar Daraj (trainer)

4.35pm: Maiden (T); Dh150,000; 1,600m
Winner: Travis County, Adrie de Vries, Ismail Mohammed

5.10pm: Handicap (D); Dh175,000; 1,200m
Winner: Scrutineer, Tadhg O’Shea, Ali Rashid Al Raihe

5.45pm: Maiden (D); Dh150,000; 1,600m
Winner: Yulong Warrior, Richard Mullen, Satish Seemar

6.20pm: Maiden (D); Dh150,000; 1,600m
Winner: Ejaaby, Jim Crowley, Doug Watson

6.55pm: Handicap (D); Dh160,000; 1,600m
Winner: Storyboard, Richard Mullen, Satish Seemar

7.30pm: Handicap (D); Dh150,000; 2,200m
Winner: Grand Dauphin, Gerald Mosse, Ahmed Al Shemaili

8.05pm: Handicap (T); Dh190,000; 1,800m
Winner: Good Trip, Tadhg O’Shea, Ali Rashid Al Raihe

How much do leading UAE’s UK curriculum schools charge for Year 6?
  1. Nord Anglia International School (Dubai) – Dh85,032
  2. Kings School Al Barsha (Dubai) – Dh71,905
  3. Brighton College Abu Dhabi - Dh68,560
  4. Jumeirah English Speaking School (Dubai) – Dh59,728
  5. Gems Wellington International School – Dubai Branch – Dh58,488
  6. The British School Al Khubairat (Abu Dhabi) - Dh54,170
  7. Dubai English Speaking School – Dh51,269

*Annual tuition fees covering the 2024/2025 academic year

Test

Director: S Sashikanth

Cast: Nayanthara, Siddharth, Meera Jasmine, R Madhavan

Star rating: 2/5

1,000 Books to Read Before You Die: A Life-Changing List
James Mustich, Workman

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 
The Gandhi Murder
  • 71 - Years since the death of MK Gandhi, also christened India's Father of the Nation
  • 34 - Nationalities featured in the film The Gandhi Murder
  • 7 - million dollars, the film's budget 
Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home. 

The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
Countries offering golden visas

UK
Innovator Founder Visa is aimed at those who can demonstrate relevant experience in business and sufficient investment funds to set up and scale up a new business in the UK. It offers permanent residence after three years.

Germany
Investing or establishing a business in Germany offers you a residence permit, which eventually leads to citizenship. The investment must meet an economic need and you have to have lived in Germany for five years to become a citizen.

Italy
The scheme is designed for foreign investors committed to making a significant contribution to the economy. Requires a minimum investment of €250,000 which can rise to €2 million.

Switzerland
Residence Programme offers residence to applicants and their families through economic contributions. The applicant must agree to pay an annual lump sum in tax.

Canada
Start-Up Visa Programme allows foreign entrepreneurs the opportunity to create a business in Canada and apply for permanent residence. 

%3Cp%3E%3Ca%20href%3D%22https%3A%2F%2Fwww.thenationalnews.com%2Fbusiness%2Feconomy%2Fislamic-economy-consumer-spending-to-increase-45-to-3-2tn-by-2024-1.936583%22%20target%3D%22_self%22%3EGlobal%20Islamic%20economy%20to%20grow%203.1%25%20to%20touch%20%242.4%20trillion%20by%202024%3C%2Fa%3E%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3E%3Ca%20href%3D%22https%3A%2F%2Fwww.thenationalnews.com%2Fbusiness%2Feconomy%2Fuk-economy-plunges-into-worst-ever-recession-after-record-20-4-contraction-1.1062560%22%20target%3D%22_self%22%3EUK%20economy%20plunges%20into%20worst-ever%20recession%20after%20record%2020.4%25%20contraction%3C%2Fa%3E%3C%2Fp%3E%0A%3Cp%3E%3Ca%20href%3D%22https%3A%2F%2Fwww.thenationalnews.com%2Fbusiness%2Feconomy%2Fislamic-economy-consumer-spending-to-increase-45-to-3-2tn-by-2024-1.936583%22%20target%3D%22_self%22%3EIslamic%20economy%20consumer%20spending%20to%20increase%2045%25%20to%20%243.2tn%20by%202024%3C%2Fa%3E%3C%2Fp%3E%0A
The biog

Favourite pet: cats. She has two: Eva and Bito

Favourite city: Cape Town, South Africa

Hobby: Running. "I like to think I’m artsy but I’m not".

Favourite move: Romantic comedies, specifically Return to me. "I cry every time".

Favourite spot in Abu Dhabi: Saadiyat beach

Abu Dhabi GP schedule

Friday: First practice - 1pm; Second practice - 5pm

Saturday: Final practice - 2pm; Qualifying - 5pm

Sunday: Etihad Airways Abu Dhabi Grand Prix (55 laps) - 5.10pm

Hotel Silence
Auður Ava Ólafsdóttir
Pushkin Press

COMPANY%20PROFILE%3A
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Envision%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2017%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EKarthik%20Mahadevan%20and%20Karthik%20Kannan%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20The%20Netherlands%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20Technology%2FAssistive%20Technology%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%3C%2Fstrong%3E%20%241.5%20million%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2020%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Seed%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%204impact%2C%20ABN%20Amro%2C%20Impact%20Ventures%20and%20group%20of%20angels%3C%2Fp%3E%0A
THE SPECS

Engine: 6.75-litre twin-turbocharged V12 petrol engine 

Power: 420kW

Torque: 780Nm

Transmission: 8-speed automatic

Price: From Dh1,350,000

On sale: Available for preorder now

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Results

United States beat UAE by three wickets

United States beat Scotland by 35 runs

UAE v Scotland – no result

United States beat UAE by 98 runs

Scotland beat United States by four wickets

Fixtures

Sunday, 10am, ICC Academy, Dubai - UAE v Scotland

Admission is free

BULKWHIZ PROFILE

Date started: February 2017

Founders: Amira Rashad (CEO), Yusuf Saber (CTO), Mahmoud Sayedahmed (adviser), Reda Bouraoui (adviser)

Based: Dubai, UAE

Sector: E-commerce 

Size: 50 employees

Funding: approximately $6m

Investors: Beco Capital, Enabling Future and Wain in the UAE; China's MSA Capital; 500 Startups; Faith Capital and Savour Ventures in Kuwait

What is Reform?

Reform is a right-wing, populist party led by Nigel Farage, a former MEP who won a seat in the House of Commons last year at his eighth attempt and a prominent figure in the campaign for the UK to leave the European Union.

It was founded in 2018 and originally called the Brexit Party.

Many of its members previously belonged to UKIP or the mainstream Conservatives.

After Brexit took place, the party focused on the reformation of British democracy.

Former Tory deputy chairman Lee Anderson became its first MP after defecting in March 2024.

The party gained support from Elon Musk, and had hoped the tech billionaire would make a £100m donation. However, Mr Musk changed his mind and called for Mr Farage to step down as leader in a row involving the US tycoon's support for far-right figurehead Tommy Robinson who is in prison for contempt of court.

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.

About RuPay

A homegrown card payment scheme launched by the National Payments Corporation of India and backed by the Reserve Bank of India, the country’s central bank

RuPay process payments between banks and merchants for purchases made with credit or debit cards

It has grown rapidly in India and competes with global payment network firms like MasterCard and Visa.

In India, it can be used at ATMs, for online payments and variations of the card can be used to pay for bus, metro charges, road toll payments

The name blends two words rupee and payment

Some advantages of the network include lower processing fees and transaction costs

COMPANY%20PROFILE
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