Shahzada Dawood, the vice chairman of Karachi conglomerate Engro, and his son Suleman, 19. Dawood Hercules Corporation / AFP
Shahzada Dawood, the vice chairman of Karachi conglomerate Engro, and his son Suleman, 19. Dawood Hercules Corporation / AFP
Shahzada Dawood, the vice chairman of Karachi conglomerate Engro, and his son Suleman, 19. Dawood Hercules Corporation / AFP
Shahzada Dawood, the vice chairman of Karachi conglomerate Engro, and his son Suleman, 19. Dawood Hercules Corporation / AFP

Memorial held for father and son who died in Titan submersible


Soraya Ebrahimi
  • English
  • Arabic

An online memorial service was held on Tuesday for the two men who died in the implosion of a submersible as it descended to the wreckage of the Titanic.

The Dawood family thanked everyone who tried to rescue the father and son or sent condolences from around the world.

The family arranged a prayer service for Shahzada Dawood and his son Suleman, 19, days after authorities confirmed that everyone on the Titan died.

The submersible carrying five people imploded near the site of the Titanic and killed everyone on board.

Shahzada Dawood's widow, Christina Dawood, was in tears as she shared memories of her husband and son.

Ms Dawood was on board a support vessel on June 18 when she received word that communications with the Titan had been lost during its voyage to the ocean floor.

She thanked those who had helped the family in its time of grief.

The service was broadcast on YouTube through the family’s charity, the Dawood Foundation.

Titanic director James Cameron says he wishes he'd sounded alarm over lost submersible - video

Shahzada and Suleman Dawood were members of one of Pakistan’s most prominent families.

Shahzada Dawood's father, Hussain Dawood, said during Tuesday's service that his son and grandson were gifts of God that had been taken back.

He described the two as martyrs and said: “Martyrs go straight to Paradise.”

“What does the father say” when he faces such a tragedy, Hussain Dawood asked.

He said Suleman and Shahzada were very excited about going to see the Titanic and before leaving for their voyage convinced him that “we should go to Antarctica, too" next winter.

“I’m actually convinced they have enriched our lives beyond measure,” Hussain Dawood said, vowing, “We will take forward their legacy.”

Ms Dawood shared memories of when she first met her husband and their wedding in Pakistan’s eastern city of Lahore.

When Suleman was born, her husband was happy like other fathers but “when he held his son for the first time, I just knew these two belong together", she said.

Ms Dawood said she sensed then that he had “found a long-lost companion for his adventures to come".

if you go
What is an ETF?

An exchange traded fund is a type of investment fund that can be traded quickly and easily, just like stocks and shares. They come with no upfront costs aside from your brokerage's dealing charges and annual fees, which are far lower than on traditional mutual investment funds. Charges are as low as 0.03 per cent on one of the very cheapest (and most popular), Vanguard S&P 500 ETF, with the maximum around 0.75 per cent.

There is no fund manager deciding which stocks and other assets to invest in, instead they passively track their chosen index, country, region or commodity, regardless of whether it goes up or down.

The first ETF was launched as recently as 1993, but the sector boasted $5.78 billion in assets under management at the end of September as inflows hit record highs, according to the latest figures from ETFGI, a leading independent research and consultancy firm.

There are thousands to choose from, with the five largest providers BlackRock’s iShares, Vanguard, State Street Global Advisers, Deutsche Bank X-trackers and Invesco PowerShares.

While the best-known track major indices such as MSCI World, the S&P 500 and FTSE 100, you can also invest in specific countries or regions, large, medium or small companies, government bonds, gold, crude oil, cocoa, water, carbon, cattle, corn futures, currency shifts or even a stock market crash. 

UAE currency: the story behind the money in your pockets
THE%20HOLDOVERS
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EAlexander%20Payne%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Paul%20Giamatti%2C%20Da'Vine%20Joy%20Randolph%2C%20Dominic%20Sessa%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204.5%2F5%3C%2Fp%3E%0A

 

Rock in a Hard Place: Music and Mayhem in the Middle East
Orlando Crowcroft
Zed Books

French business

France has organised a delegation of leading businesses to travel to Syria. The group was led by French shipping giant CMA CGM, which struck a 30-year contract in May with the Syrian government to develop and run Latakia port. Also present were water and waste management company Suez, defence multinational Thales, and Ellipse Group, which is currently looking into rehabilitating Syrian hospitals.

A little about CVRL

Founded in 1985 by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, the Central Veterinary Research Laboratory (CVRL) is a government diagnostic centre that provides testing and research facilities to the UAE and neighbouring countries.

One of its main goals is to provide permanent treatment solutions for veterinary related diseases. 

The taxidermy centre was established 12 years ago and is headed by Dr Ulrich Wernery. 

Updated: June 27, 2023, 10:52 PM`