Zayed Charity Marathon in New York will coincide with the UAE’s 50th anniversary celebrations.
The annual global charity event aims to honour the legacy of Sheikh Zayed, the Founding Father.
“Since its launch, the marathon has followed the directives of Sheikh Mohamed bin Zayed, not only as a race but also as a global charity event dedicated to all people without discrimination, while carrying the name of the man of giving, Sheikh Zayed,” said Lt Gen Mohammed Hilal Al Kaabi, chairman of the Zayed Charity Marathon Supreme Committee.
“For 50 years, we have had profound and solid commercial, artistic, educational and sporting relations with New York City,” he said.
“Nowadays, the marathon has become one of the city’s landmarks, along with the famous Central Park, as people wait for it every year. Most importantly, people saw the contributions of the marathon to providing free medical treatment to many.”
The marathon began in Abu Dhabi in 2001, and the first international event was held in New York in 2005. It is also held in Egypt.
More than 30,000 people took part in the US event last year, Lt Gen Al Kaabi said.
New York state previously announced December 2, 2021 as Emirati Day in recognition of the country’s golden jubilee.
Brief scores:
Day 2
England: 277 & 19-0
West Indies: 154
The most expensive investment mistake you will ever make
When is the best time to start saving in a pension? The answer is simple – at the earliest possible moment. The first pound, euro, dollar or dirham you invest is the most valuable, as it has so much longer to grow in value. If you start in your twenties, it could be invested for 40 years or more, which means you have decades for compound interest to work its magic.
“You get growth upon growth upon growth, followed by more growth. The earlier you start the process, the more it will all roll up,” says Chris Davies, chartered financial planner at The Fry Group in Dubai.
This table shows how much you would have in your pension at age 65, depending on when you start and how much you pay in (it assumes your investments grow 7 per cent a year after charges and you have no other savings).
|
Age
|
$250 a month
|
$500 a month
|
$1,000 a month
|
|
25
|
$640,829
|
$1,281,657
|
$2,563,315
|
|
35
|
$303,219
|
$606,439
|
$1,212,877
|
|
45
|
$131,596
|
$263,191
|
$526,382
|
|
55
|
$44,351
|
$88,702
|
$177,403
|
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