Workers from the Spanish NGO Proactiva Open Arms rescue more than 300 refugees and illegal migrants, mostly from Bangladesh and Eritrea, from an overcrowded wooden boat that set sail from Libya on January 27, 2018. Days later, on February 2, about 90 mostly Pakistani migrants were feared drowned after their boat capsized while trying to reach Europe from Libya. Santi Palacios / AP Photo
Workers from the Spanish NGO Proactiva Open Arms rescue more than 300 refugees and illegal migrants, mostly from Bangladesh and Eritrea, from an overcrowded wooden boat that set sail from Libya on JanShow more

Scores of Pakistanis feared drowned after migrant boat capsizes off Libya



About 90 people are feared drowned after a smugglers' boat carrying mostly Pakistani migrants capsized off Libya's coast early on Friday, the UN's migration agency said.

Ten bodies have washed ashore near the Libyan town of Zuwara following the tragedy in the early morning, said International Organisation for Migration spokeswoman Olivia Headon, citing information from its partner agencies. Eight were believed to be Pakistani, and two Libyans.

"We are told that two survivors swam to shore, and one person was rescued by a fishing boat," Ms Headon said, speaking from Tunisia's capital to reporters at the UN in Geneva. "We are working to get more details on the [capsize] and where the survivors are so that we can assist them better."

She said Pakistani nationals are increasing among the number of migrants attempting to cross the Mediterranean to Italy and Europe via Libya. By nationality, Pakistanis last year made up the 13th largest nationality represented among migrants making the crossing, but they were the third-largest contingent in January.

Ms Headon said the reason for the increasing flow of Pakistanis was not immediately clear, nor whether the greater influx was likely to continue, but added: "We're looking into it."

IOM says 6,624 people crossed the Mediterranean in January — about two-thirds of them to Italy — about a 10 per cent increase from a year earlier. About 250 people died in the crossing in January, six fewer than a year ago.

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How Filipinos in the UAE invest

A recent survey of 10,000 Filipino expatriates in the UAE found that 82 per cent have plans to invest, primarily in property. This is significantly higher than the 2014 poll showing only two out of 10 Filipinos planned to invest.

Fifty-five percent said they plan to invest in property, according to the poll conducted by the New Perspective Media Group, organiser of the Philippine Property and Investment Exhibition. Acquiring a franchised business or starting up a small business was preferred by 25 per cent and 15 per cent said they will invest in mutual funds. The rest said they are keen to invest in insurance (3 per cent) and gold (2 per cent).

Of the 5,500 respondents who preferred property as their primary investment, 54 per cent said they plan to make the purchase within the next year. Manila was the top location, preferred by 53 per cent.

COMPANY PROFILE
Name: Akeed

Based: Muscat

Launch year: 2018

Number of employees: 40

Sector: Online food delivery

Funding: Raised $3.2m since inception 

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Director: Matty Brown

Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea

Rating: 2.5/5