An artist's impression of the UAE's lunar rover called Rashid.
An artist's impression of the UAE's lunar rover called Rashid.
Dr Hamad Al Marzooqi, project manager of the Emirates Lunar Mission at the Mohammed bin Rashid Space Centre. Chris Whiteoak / The National
Dr Hamad Al Marzooqi, project manager of the Emirates Lunar Mission at the Mohammed bin Rashid Space Centre. Chris Whiteoak / The National
An artist's impression of iSpace's Hakuto-Reboot lunar lander. It will carry UAE's Rashid rover to the surface of the Moon in 2022.
An artist's impression of iSpace's Hakuto-Reboot lunar lander. It will carry UAE's Rashid rover to the surface of the Moon in 2022.
The UAE aims to land the Rashid rover on the near side of the Moon due to its smoother surface.
The UAE aims to land the Rashid rover on the near side of the Moon due to its smoother surface.
The far side of the Moon remains largely unexplored, but Nasa is turning its focus back to the lunar surface.
The far side of the Moon remains largely unexplored, but Nasa is turning its focus back to the lunar surface.
The HAKUTO-R lander, which will deliver the UAE's Rashid rover to the lunar surface in 2022, is now in final stages of assembly.
The HAKUTO-R lander, which will deliver the UAE's Rashid rover to the lunar surface in 2022, is now in final stages of assembly.
The ispace team completed the assembly of the lander's structure thermal model in April. Courtesy: ispace
The ispace team completed the assembly of the lander's structure thermal model in April. Courtesy: ispace
The final assembly of the lander is being carried out in co-operation with the Ariane Group GmbH at the Ariane Group facility in Lampoldshausen, Germany. Courtesy: ispace
The final assembly of the lander is being carried out in co-operation with the Ariane Group GmbH at the Ariane Group facility in Lampoldshausen, Germany. Courtesy: ispace
Using a lander and rocket that is already available helps Emirati engineers and scientists get quicker and easier access to space. Courtesy: ispace
Using a lander and rocket that is already available helps Emirati engineers and scientists get quicker and easier access to space. Courtesy: ispace
The initial concept design of the Rashid rover. Courtesy: MBRSC
The initial concept design of the Rashid rover. Courtesy: MBRSC
Rashid rover's thermal imager will analyse the Moon's properties through thermal energy. Courtesy: MBRSC
Rashid rover's thermal imager will analyse the Moon's properties through thermal energy. Courtesy: MBRSC
The Langmuir probes on the rover will analyse the lunar surface charge and electric fields. Courtesy: MBRSC
The Langmuir probes on the rover will analyse the lunar surface charge and electric fields. Courtesy: MBRSC
One of the rover's two high-resolution optical imagers that will take photos of the Moon. Courtesy: MBRSC
One of the rover's two high-resolution optical imagers that will take photos of the Moon. Courtesy: MBRSC

Science

UAE’s lunar rover will use artificial intelligence to explore the Moon

A Canadian firm is building an AI flight computer that will help the Emirati Rashid rover navigate the lunar surface

Sarwat Nasir
Sarwat Nasir
UAE

May 31, 2021

  • English
  • Arabic

An advanced artificial intelligence flight computer will help the UAE's lunar rover explore the surface of the Moon.

The navigation computer is being developed by Canadian space firm Mission Control Space Services.

It will recognise geological features as the Emirati rover, Rashid, drives around the unstable terrain of the lunar surface.

The computer will be installed on a Japanese lander that will take Rashid to the Moon next year, from where it will receive data from the rover. It will also send information back to Earth to be studied by scientists at the Mohammed bin Rashid Space Centre.

“With the support of the Canadian Space Agency, Canadian scientists and engineers will be able to participate in near-term missions to the lunar surface,” said Ewan Reid, president and chief executive of Mission Control.

Hind Bin Jarsh AlFalasi, 24, is the Emirati woman who has designed the logo for UAE's lunar mission. Reem Mohammed/The National
Hind Bin Jarsh AlFalasi, 24, is the Emirati woman who has designed the logo for UAE's lunar mission. Reem Mohammed/The National
The Emirates Lunar Mission logo as revealed by Sheikh Hamdan bin Mohammed, Crown Prince of Dubai. It features the signature of Sheikh Rashid, the late ruler of Dubai. Courtesy: Sheikh Hamdan bin Mohammed Twitter
The Emirates Lunar Mission logo as revealed by Sheikh Hamdan bin Mohammed, Crown Prince of Dubai. It features the signature of Sheikh Rashid, the late ruler of Dubai. Courtesy: Sheikh Hamdan bin Mohammed Twitter
The logo will be featured on the Rashid Rover, which is slated for launch in 2022. Courtesy: MBRSC
The logo will be featured on the Rashid Rover, which is slated for launch in 2022. Courtesy: MBRSC
Ms AlFalasi wanted to personalise the logo and show the mission's importance, so she added Sheikh Rashid's signature and inscribed it on top of the Moon. Reem Mohammed/The National
Ms AlFalasi wanted to personalise the logo and show the mission's importance, so she added Sheikh Rashid's signature and inscribed it on top of the Moon. Reem Mohammed/The National
Only three countries have been able to land missions on the Moon so far. Courtesy: MBRSC
Only three countries have been able to land missions on the Moon so far. Courtesy: MBRSC
China is attempting another lunar mission. Its Chang'e 5 spacecraft has entered lunar orbit and aims to bring back rock and soil samples. UAE's lunar mission also aims to study lunar soil, as well as dust. Here, a Long March-5 rocket carrying the Chinese spacecraft lifts off on November 24. AP Photo/Mark Schiefelbein
China is attempting another lunar mission. Its Chang'e 5 spacecraft has entered lunar orbit and aims to bring back rock and soil samples. UAE's lunar mission also aims to study lunar soil, as well as dust. Here, a Long March-5 rocket carrying the Chinese spacecraft lifts off on November 24. AP Photo/Mark Schiefelbein
Ms Al Falasi's career as a graphic designer has taken off. She will also be helping design the logo for the MBZ-Sat satellite, UAE's first fully in-house built spacecraft. Reem Mohammed/The National
Ms Al Falasi's career as a graphic designer has taken off. She will also be helping design the logo for the MBZ-Sat satellite, UAE's first fully in-house built spacecraft. Reem Mohammed/The National
The Mohammed bin Rashid Space Centre is carrying out the Emirates Lunar Mission. Reem Mohammed/The National
The Mohammed bin Rashid Space Centre is carrying out the Emirates Lunar Mission. Reem Mohammed/The National

Rashid will explore the near side of the Moon, which offers a smoother surface with fewer craters, but the terrain is still unpredictable.

The four-wheeled rover can climb over an obstacle at a maximum height of 10 centimetres and descend a 20-degree slope.

But some basins on the near side of the moon are so steep that it would be impossible for the rover to climb out, were it to fall into one.

The team at the Mohammed bin Rashid Space Centre has shortlisted unexplored landing locations. The final decision will be based on an area that offers the most scientific value and security for the Arab world's first lunar rover.

The navigation computer by Mission Control will include an AI application that will use deep-learning algorithms to recognise geological features in images captured by the rover.

“This research will explore techniques for more advanced rover navigation,” said Dr Melissa Battler, Mission Control’s chief science officer.

“By demonstrating this new technology on the moon, we will not only unlock potential autonomous decision-making capabilities for future rovers, but better support planetary-science missions going forward.”

The company secured a $3.04 million fund from the Canadian Space Agency's Lunar Exploration Accelerator Programme, part of which will be used to develop the computer.

Japanese firm iSpace is building the Hakuto-Reboot lander that will deliver the rover to the Moon. Both will take off on board a Falcon 9 rocket from the Kennedy Space Centre in Florida late next year.
The Emirates Lunar Mission will also be provided with wired communication and power during the cruise phase and wireless communication on the lunar surface by iSpace.

Rashid will study the properties of lunar soil, the geology of the moon, dust movement and its photoelectron sheath for one lunar day – about two weeks.

It will send back more than 1,000 images of the lunar surface.

Dr Hamad Al Marzooqi, project manager of the Emirates Lunar Mission, said it would be the first study of the photoelectron sheath.


"It is a phenomenon that is created on the lunar surface due to the continuous bombardment of solar wind and cosmic rays," he said.

UAE's mission to Mars – in pictures 

Sheikh Mohamed bin Zayed and Sheikh Mohammed bin Rashid personally thank staff from mission control in Dubai after Hope probe's successful orbit entry on February 9. The National
Sheikh Mohamed bin Zayed and Sheikh Mohammed bin Rashid personally thank staff from mission control in Dubai after Hope probe's successful orbit entry on February 9. The National
A man celebrates at an event at Burj Park in Dubai to celebrate the Hope probe going into orbit around Mars. Chris Whiteoak / The National
A man celebrates at an event at Burj Park in Dubai to celebrate the Hope probe going into orbit around Mars. Chris Whiteoak / The National
People celebrate at an event at Burj Park to celebrate the Hope probe going into orbit around Mars. Chris Whiteoak / The National
People celebrate at an event at Burj Park to celebrate the Hope probe going into orbit around Mars. Chris Whiteoak / The National
An event at Burj Park to celebrate the Hope probe going into orbit around Mars. Chris Whiteoak / The National
An event at Burj Park to celebrate the Hope probe going into orbit around Mars. Chris Whiteoak / The National
People celebrate at an event at Burj Park to celebrate the Hope probe going into orbit around Mars. Chris Whiteoak / The National
People celebrate at an event at Burj Park to celebrate the Hope probe going into orbit around Mars. Chris Whiteoak / The National
Guests arrive at the Burj Park event to mark the arrival of the Hope probe to Mars. Chris Whiteoak / The National
Guests arrive at the Burj Park event to mark the arrival of the Hope probe to Mars. Chris Whiteoak / The National
A guest attending the Burj Park event to mark the arrival of the Hope probe to Mars. Chris Whiteoak / The National
A guest attending the Burj Park event to mark the arrival of the Hope probe to Mars. Chris Whiteoak / The National
Burj Park was set up for people to watch the Hope probe attempt its Mars orbit insertion. Courtesy: UAE Government Twitter
Burj Park was set up for people to watch the Hope probe attempt its Mars orbit insertion. Courtesy: UAE Government Twitter
UAE Mars Mission engineer, Hessa Al Matroushi, was interviewed at a Burj Park event to mark the arrival of the Hope probe to Mars. Chris Whiteoak / The National
UAE Mars Mission engineer, Hessa Al Matroushi, was interviewed at a Burj Park event to mark the arrival of the Hope probe to Mars. Chris Whiteoak / The National
Dr Thani Al Zeyoudi, Minister of State for Foreign Trade, attended the event at Burj Park to mark the arrival of the Hope probe to Mars. Chris Whiteoak / The National
Dr Thani Al Zeyoudi, Minister of State for Foreign Trade, attended the event at Burj Park to mark the arrival of the Hope probe to Mars. Chris Whiteoak / The National
Engineer Hessa Al Matroushi attended the event at Burj Park to mark the arrival of the Hope probe to Mars. Chris Whiteoak / The National
Engineer Hessa Al Matroushi attended the event at Burj Park to mark the arrival of the Hope probe to Mars. Chris Whiteoak / The National
TV crews get ready at an event at Burj Park in Dubai to celebrate the Hope probe going into orbit around Mars. Chris Whiteoak / The National
TV crews get ready at an event at Burj Park in Dubai to celebrate the Hope probe going into orbit around Mars. Chris Whiteoak / The National
An event at Dubai's Burj Park to celebrate the Hope probe's Mars orbit insertion attempt. Chris Whiteoak / The National
An event at Dubai's Burj Park to celebrate the Hope probe's Mars orbit insertion attempt. Chris Whiteoak / The National
Guests arrive at an event at Burj Park to mark the Hope probe's Mars orbit insertion attempt. Chris Whiteoak / The National
Guests arrive at an event at Burj Park to mark the Hope probe's Mars orbit insertion attempt. Chris Whiteoak / The National
Guests and media arrive at an event at Burj Park to witness Hope probe's Mars orbit insertion attempt. Chris Whiteoak / The National
Guests and media arrive at an event at Burj Park to witness Hope probe's Mars orbit insertion attempt. Chris Whiteoak / The National
Guests arrive at an event at Burj Park to mark the Hope probe's Mars orbit insertion attempt. Chris Whiteoak / The National
Guests arrive at an event at Burj Park to mark the Hope probe's Mars orbit insertion attempt. Chris Whiteoak / The National
Guests arrive at an event at Burj Park to mark the Hope probe's Mars orbit insertion attempt. Chris Whiteoak / The National
Guests arrive at an event at Burj Park to mark the Hope probe's Mars orbit insertion attempt. Chris Whiteoak / The National
Guests arrive at an event at Burj Park to mark the Hope probe's Mars orbit insertion attempt. Chris Whiteoak / The National
Guests arrive at an event at Burj Park to mark the Hope probe's Mars orbit insertion attempt. Chris Whiteoak / The National
The Burj Khalifa lights up at an event at Burj Park in Dubai to celebrate the Hope probe going into orbit around Mars. Chris Whiteoak / The National
The Burj Khalifa lights up at an event at Burj Park in Dubai to celebrate the Hope probe going into orbit around Mars. Chris Whiteoak / The National
The UAE Flag area on the Corniche in Abu Dhabi lights up in red to celebrate the success of the Hope probe going into orbit around Mars. Victor Besa / The National
The UAE Flag area on the Corniche in Abu Dhabi lights up in red to celebrate the success of the Hope probe going into orbit around Mars. Victor Besa / The National
The ADNOC Headquarters lights up in Abu Dhabi to celebrate the success of the Hope probe going into orbit around Mars. Victor Besa / The National
The ADNOC Headquarters lights up in Abu Dhabi to celebrate the success of the Hope probe going into orbit around Mars. Victor Besa / The National
Sheikh Mohamed bin Zayed celebrates with Sheikh Mohammed bin Rashid at an event at Burj Park in Dubai to celebrate the Hope probe going into orbit around Mars. Chris Whiteoak / The National
Sheikh Mohamed bin Zayed celebrates with Sheikh Mohammed bin Rashid at an event at Burj Park in Dubai to celebrate the Hope probe going into orbit around Mars. Chris Whiteoak / The National
People celebrate at an event at Burj Park in Dubai to mark the Hope probe going into orbit around Mars. Chris Whiteoak / The National
People celebrate at an event at Burj Park in Dubai to mark the Hope probe going into orbit around Mars. Chris Whiteoak / The National
On Women's Day
COMPANY%20PROFILE%20
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3ENomad%20Homes%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2020%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EHelen%20Chen%2C%20Damien%20Drap%2C%20and%20Dan%20Piehler%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%20and%20Europe%3Cbr%3E%3Cstrong%3EIndustry%3C%2Fstrong%3E%3A%20PropTech%3Cbr%3E%3Cstrong%3EFunds%20raised%20so%20far%3A%3C%2Fstrong%3E%20%2444m%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Acrew%20Capital%2C%2001%20Advisors%2C%20HighSage%20Ventures%2C%20Abstract%20Ventures%2C%20Partech%2C%20Precursor%20Ventures%2C%20Potluck%20Ventures%2C%20Knollwood%20and%20several%20undisclosed%20hedge%20funds%3C%2Fp%3E%0A
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
Ferrari 12Cilindri specs

Engine: naturally aspirated 6.5-liter V12

Power: 819hp

Torque: 678Nm at 7,250rpm

Price: From Dh1,700,000

Available: Now

The Bio

Favourite vegetable: “I really like the taste of the beetroot, the potatoes and the eggplant we are producing.”

Holiday destination: “I like Paris very much, it’s a city very close to my heart.”

Book: “Das Kapital, by Karl Marx. I am not a communist, but there are a lot of lessons for the capitalist system, if you let it get out of control, and humanity.”

Musician: “I like very much Fairuz, the Lebanese singer, and the other is Umm Kulthum. Fairuz is for listening to in the morning, Umm Kulthum for the night.”

EA Sports FC 26

Publisher: EA Sports

Consoles: PC, PlayStation 4/5, Xbox Series X/S

Rating: 3/5

Essentials
The flights: You can fly from the UAE to Iceland with one stop in Europe with a variety of airlines. Return flights with Emirates from Dubai to Stockholm, then Icelandair to Reykjavik, cost from Dh4,153 return. The whole trip takes 11 hours. British Airways flies from Abu Dhabi and Dubai to Reykjavik, via London, with return flights taking 12 hours and costing from Dh2,490 return, including taxes. 
The activities: A half-day Silfra snorkelling trip costs 14,990 Icelandic kronur (Dh544) with Dive.is. Inside the Volcano also takes half a day and costs 42,000 kronur (Dh1,524). The Jokulsarlon small-boat cruise lasts about an hour and costs 9,800 kronur (Dh356). Into the Glacier costs 19,500 kronur (Dh708). It lasts three to four hours.
The tours: It’s often better to book a tailor-made trip through a specialist operator. UK-based Discover the World offers seven nights, self-driving, across the island from £892 (Dh4,505) per person. This includes three nights’ accommodation at Hotel Husafell near Into the Glacier, two nights at Hotel Ranga and two nights at the Icelandair Hotel Klaustur. It includes car rental, plus an iPad with itinerary and tourist information pre-loaded onto it, while activities can be booked as optional extras. More information inspiredbyiceland.com

While you're here
Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

ASIAN%20RUGBY%20CHAMPIONSHIP%202024
%3Cp%3E%3Cstrong%3EResults%3C%2Fstrong%3E%3Cbr%3EHong%20Kong%2052-5%20UAE%3Cbr%3ESouth%20Korea%2055-5%20Malaysia%3Cbr%3EMalaysia%206-70%20Hong%20Kong%3Cbr%3EUAE%2036-32%20South%20Korea%3Cbr%3E%3Cbr%3E%3Cstrong%3EFixtures%3C%2Fstrong%3E%3Cbr%3EFriday%2C%20June%2021%2C%207.30pm%20kick-off%3A%20UAE%20v%20Malaysia%3Cbr%3EAt%20The%20Sevens%2C%20Dubai%20(admission%20is%20free).%3Cbr%3ESaturday%3A%20Hong%20Kong%20v%20South%20Korea%3Cbr%3E%3C%2Fp%3E%0A
F1 The Movie

Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem

Director: Joseph Kosinski

Rating: 4/5

On Women's Day
CABINET%20OF%20CURIOSITIES%20EPISODE%201%3A%20LOT%2036
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EGuillermo%20del%20Toro%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Tim%20Blake%20Nelson%2C%20Sebastian%20Roche%2C%20Elpidia%20Carrillo%3Cbr%3ERating%3A%204%2F5%3C%2Fp%3E%0A

Various Artists 
Habibi Funk: An Eclectic Selection Of Music From The Arab World (Habibi Funk)
​​​​​​​

Defence review at a glance

• Increase defence spending to 2.5% of GDP by 2027 but given “turbulent times it may be necessary to go faster”

• Prioritise a shift towards working with AI and autonomous systems

• Invest in the resilience of military space systems.

• Number of active reserves should be increased by 20%

• More F-35 fighter jets required in the next decade

• New “hybrid Navy” with AUKUS submarines and autonomous vessels

How Voiss turns words to speech

The device has a screen reader or software that monitors what happens on the screen

The screen reader sends the text to the speech synthesiser

This converts to audio whatever it receives from screen reader, so the person can hear what is happening on the screen

A VOISS computer costs between $200 and $250 depending on memory card capacity that ranges from 32GB to 128GB

The speech synthesisers VOISS develops are free

Subsequent computer versions will include improvements such as wireless keyboards

Arabic voice in affordable talking computer to be added next year to English, Portuguese, and Spanish synthesiser

Partnerships planned during Expo 2020 Dubai to add more languages

At least 2.2 billion people globally have a vision impairment or blindness

More than 90 per cent live in developing countries

The Long-term aim of VOISS to reach the technology to people in poor countries with workshops that teach them to build their own device

SPEC%20SHEET%3A%20APPLE%20M3%20MACBOOK%20AIR%20(13%22)
%3Cp%3E%3Cstrong%3EProcessor%3A%3C%2Fstrong%3E%20Apple%20M3%2C%208-core%20CPU%2C%20up%20to%2010-core%20CPU%2C%2016-core%20Neural%20Engine%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EDisplay%3A%3C%2Fstrong%3E%2013.6-inch%20Liquid%20Retina%2C%202560%20x%201664%2C%20224ppi%2C%20500%20nits%2C%20True%20Tone%2C%20wide%20colour%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMemory%3A%3C%2Fstrong%3E%208%2F16%2F24GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStorage%3A%3C%2Fstrong%3E%20256%2F512GB%20%2F%201%2F2TB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EI%2FO%3A%3C%2Fstrong%3E%20Thunderbolt%203%2FUSB-4%20(2)%2C%203.5mm%20audio%2C%20Touch%20ID%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EConnectivity%3A%3C%2Fstrong%3E%20Wi-Fi%206E%2C%20Bluetooth%205.3%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBattery%3A%3C%2Fstrong%3E%2052.6Wh%20lithium-polymer%2C%20up%20to%2018%20hours%2C%20MagSafe%20charging%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECamera%3A%3C%2Fstrong%3E%201080p%20FaceTime%20HD%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EVideo%3A%3C%2Fstrong%3E%20Support%20for%20Apple%20ProRes%2C%20HDR%20with%20Dolby%20Vision%2C%20HDR10%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EAudio%3A%3C%2Fstrong%3E%204-speaker%20system%2C%20wide%20stereo%2C%20support%20for%20Dolby%20Atmos%2C%20Spatial%20Audio%20and%20dynamic%20head%20tracking%20(with%20AirPods)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EColours%3A%3C%2Fstrong%3E%20Midnight%2C%20silver%2C%20space%20grey%2C%20starlight%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIn%20the%20box%3A%3C%2Fstrong%3E%20MacBook%20Air%2C%2030W%2F35W%20dual-port%2F70w%20power%20adapter%2C%20USB-C-to-MagSafe%20cable%2C%202%20Apple%20stickers%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20From%20Dh4%2C599%3C%2Fp%3E%0A
COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
Try out the test yourself

Q1 Suppose you had $100 in a savings account and the interest rate was 2 per cent per year. After five years, how much do you think you would have in the account if you left the money to grow?
a) More than $102
b) Exactly $102
c) Less than $102
d) Do not know
e) Refuse to answer

Q2 Imagine that the interest rate on your savings account was 1 per cent per year and inflation was 2 per cent per year. After one year, how much would you be able to buy with the money in this account?
a) More than today
b) Exactly the same as today
c) Less than today
d) Do not know
e) Refuse to answer

Q4 Do you think that the following statement is true or false? “Buying a single company stock usually provides a safer return than a stock mutual fund.”
a) True
b) False
d) Do not know
e) Refuse to answer

The “Big Three” financial literacy questions were created by Professors Annamaria Lusardi of the George Washington School of Business and Olivia Mitchell, of the Wharton School of the University of Pennsylvania. 

Answers: Q1 More than $102 (compound interest). Q2 Less than today (inflation). Q3 False (diversification).

Skewed figures

In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458. 

The alternatives

• Founded in 2014, Telr is a payment aggregator and gateway with an office in Silicon Oasis. It’s e-commerce entry plan costs Dh349 monthly (plus VAT). QR codes direct customers to an online payment page and merchants can generate payments through messaging apps.

• Business Bay’s Pallapay claims 40,000-plus active merchants who can invoice customers and receive payment by card. Fees range from 1.99 per cent plus Dh1 per transaction depending on payment method and location, such as online or via UAE mobile.

• Tap started in May 2013 in Kuwait, allowing Middle East businesses to bill, accept, receive and make payments online “easier, faster and smoother” via goSell and goCollect. It supports more than 10,000 merchants. Monthly fees range from US$65-100, plus card charges of 2.75-3.75 per cent and Dh1.2 per sale.

• 2checkout’s “all-in-one payment gateway and merchant account” accepts payments in 200-plus markets for 2.4-3.9 per cent, plus a Dh1.2-Dh1.8 currency conversion charge. The US provider processes online shop and mobile transactions and has 17,000-plus active digital commerce users.

• PayPal is probably the best-known online goods payment method - usually used for eBay purchases -  but can be used to receive funds, providing everyone’s signed up. Costs from 2.9 per cent plus Dh1.2 per transaction.

RESULT

Huddersfield Town 2 Manchester United 1
Huddersfield: Mooy (28'), Depoitre (33')
Manchester United: Rashford (78')

 

Man of the Match: Aaron Mooy (Huddersfield Town)

The specs

Engine: Dual 180kW and 300kW front and rear motors

Power: 480kW

Torque: 850Nm

Transmission: Single-speed automatic

Price: From Dh359,900 ($98,000)

On sale: Now

Zayed Sustainability Prize
War on waste

The Florida Project

Director: Sean Baker

Starring: Bria Vinaite, Brooklynn Prince, Willem Dafoe

Four stars

The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

Our legal consultants

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

MORE ON TURKEY'S SYRIA OFFENCE
What can victims do?

Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

Report to local authorities

Warn others to prevent further harm

Courtesy: Crystal Intelligence

ScienceSpaceUAEUae In Space