作者: admin

  • Coinvesting Capital launches UAE-focused real estate fund with DIFC–Luxembourg framework

    Coinvesting Capital launches UAE-focused real estate fund with DIFC–Luxembourg framework

    Coinvesting Capital Ltd, a Dubai International Financial Centre (DIFC)-based asset manager regulated by the Dubai Financial Services Authority (DFSA), has unveiled the Coinvesting Bread Real Estate Fund L.P. This innovative fund is structured under a dual framework, combining DIFC and Luxembourg regulations, marking a significant milestone in the UAE’s real estate sector. The fund’s DIFC component operates as an exempt fund under DFSA oversight, while its Luxembourg counterpart, Coinvesting Bread Real Estate Fund SCSp, is in the process of registration with the Commission de Surveillance du Secteur Financier (CSSF). Caibuo Capital S.à r.l., a CSSF-licensed management company, has been appointed to manage the fund. This dual structure aligns with two of the world’s most robust financial frameworks, ensuring institutional governance and global accessibility. The initiative is the first of its kind, offering regulated access to the UAE real estate market through a DIFC-Luxembourg framework. It highlights the UAE’s transition from a regionally dynamic property market to one integrated into the global investment landscape. Michael Ruben, CEO of Bread Capital Ltd, and David Szerer, CMO of Bread Capital Ltd, have been appointed as directors, bringing extensive asset management and capital markets expertise to the fund. Eddy Abramo, CEO of Coinvesting Capital Ltd, emphasized that the fund underscores the UAE’s credibility as a destination for institutional capital, combining DIFC oversight with Luxembourg’s accessibility to align with international standards. This development reinforces the UAE’s growing reputation as a financial hub, attracting cross-border investment amid record real estate activity, government reforms, and sustained foreign inflows.

  • Israel continues to strike Gaza and block entry of tents despite truce deal

    Israel continues to strike Gaza and block entry of tents despite truce deal

    The Israeli military has intensified its operations across the Gaza Strip, conducting aerial strikes, artillery fire, and building demolitions despite plummeting temperatures and a severe lack of shelter for displaced Palestinians. Since Sunday night, attacks have been concentrated in Khan Younis, south of the besieged enclave, and Gaza City, resulting in civilian casualties. On Monday morning, Israeli aircraft targeted eastern Khan Younis, while heavy artillery shelling struck al-Khansaa School and surrounding areas in Abasan al-Kabira. Simultaneously, Israeli forces launched attacks on Rafah, killing at least two Palestinians. Explosions echoed through Gaza City as Israeli troops continued demolitions, targeting residential neighborhoods and shelters where many Palestinians have sought refuge. Ismail al-Thawabta, Director General of the Gaza Government Media Office, reported that Israel has committed over 194 violations since the US-brokered ceasefire began on October 10. Since the onset of Israel’s military campaign in October 2023, more than 68,865 Palestinians have been killed, with 170,670 injured. Compounding the crisis, Israeli authorities have restricted the entry of essential aid, including materials for tents. Amjad al-Shawa, head of the Palestinian NGO Network in Gaza, highlighted the urgent need for 300,000 new tents before winter to avert a humanitarian and environmental disaster. Thawabta noted that Israel has failed to meet ceasefire stipulations, including the provision of shelters, food, medicine, and fuel. Between the ceasefire’s start and the end of October, only 3,203 of the required 13,200 aid trucks entered Gaza, far below the daily target of 600. The impending winter threatens to exacerbate the dire conditions in Gaza, where infrastructure, including homes, schools, and health centers, lies in ruins. The UN agency for Palestine refugees (Unrwa) has called for restored humanitarian access as colder temperatures approach, emphasizing the urgent need for shelter and warmth.

  • Libyan delegation in Beirut seeks release of the son of late Libyan leader Moammar Gadhafi

    Libyan delegation in Beirut seeks release of the son of late Libyan leader Moammar Gadhafi

    A Libyan delegation in Lebanon made significant strides in discussions with Lebanese judicial officials on Monday regarding the potential release of Hannibal Gadhafi, the son of the late Libyan leader Moammar Gadhafi. Gadhafi has been detained in Lebanon without trial since 2015. The five-member delegation, led by senior judicial officials including prosecutor Jamal Hajar, engaged in talks to address the conditions of Gadhafi’s release. Lebanese judicial sources, speaking anonymously, confirmed that the discussions focused on reducing the $11 million bail imposed on Gadhafi and lifting his travel ban. The Libyan delegation also presented a detailed report on the investigation into the disappearance of Lebanese Shiite cleric Moussa al-Sadr, who vanished during a trip to Libya in 1978. Gadhafi, who was less than three years old at the time of al-Sadr’s disappearance, has been accused of withholding information about the cleric’s fate. The case has been a contentious issue in Lebanon, with al-Sadr’s family believing he may still be alive in a Libyan prison, while most Lebanese presume he is deceased. The Libyan delegation’s visit also included a meeting with Lebanese President Joseph Aoun, where they emphasized Tripoli’s desire to reactivate bilateral relations with Beirut and resolve pending issues. Gadhafi, who had been living in exile in Syria before his abduction in 2015, is expected to relocate to Qatar if released. The Hostage Aid Worldwide organization has long advocated for his release, citing concerns over his prolonged detention without due process. The case remains a complex and sensitive matter, intertwined with the histories of both Libya and Lebanon.

  • Trump says it would be ‘hard for me’ to fund New York City if Mamdani becomes mayor

    Trump says it would be ‘hard for me’ to fund New York City if Mamdani becomes mayor

    In a recent television interview, former U.S. President Donald Trump expressed his reluctance to allocate federal funds to New York City should Zohran Mamdani, a left-wing candidate, win the mayoral race. Trump labeled Mamdani as a ‘Communist’ and suggested that sending money to the city under his leadership would be wasteful. ‘It’s gonna be hard for me as the president to give a lot of money to New York, because if you have a Communist running New York, all you’re doing is wasting the money you’re sending there,’ Trump stated. This remark aligns with the Trump administration’s history of attempting to reduce federal grants to Democratic-run areas.

  • French climber among at least three killed in Nepal avalanche

    French climber among at least three killed in Nepal avalanche

    A tragic avalanche struck the Yalung Ri mountain in Nepal’s Dolakha district on Monday, claiming the lives of at least three climbers, including a French national. The incident occurred at 09:00 local time near the base camp, where a group of 12 trekkers and local guides had set out just over an hour before the disaster. Among the deceased were two Italians, a German, and a Canadian. Five Nepali guides who managed to return to the base camp sustained non-critical injuries. Rescue operations are ongoing, but efforts are being hindered by adverse weather conditions and logistical challenges. A rescue helicopter has been deployed to the Na Gaun area, approximately a five-hour walk from the base camp. Separately, search and rescue missions continue for two Italian climbers, Stefano Farronato and Alessandro Caputo, who went missing while attempting to scale Panbari mountain in western Nepal. The duo, along with three local guides, became stranded last week due to heavy rain and snowfall triggered by Cyclone Montha. While one member of their group, Velter Perlino, has been rescued, the fate of the others remains uncertain. The cyclone also left several trekkers and tourists stranded in the Himalayas, including two British and one Irish woman who were rescued after being trapped for days in the Mustang region.

  • ‘Depression meant weak faith’: UAE residents challenge mental health stigma

    ‘Depression meant weak faith’: UAE residents challenge mental health stigma

    In the United Arab Emirates, a significant cultural shift is underway as residents increasingly challenge the long-standing stigma surrounding mental health. Historically, emotional struggles such as stress, burnout, and depression were often dismissed as signs of weak faith or character. However, recent data and personal accounts reveal a growing recognition of mental health as a legitimate concern deserving of professional attention and societal understanding.

    According to the 2025 Cigna Healthcare International Health Study, which surveyed over 11,800 individuals across 13 global markets, 27% of UAE residents now prioritize mental wellbeing above physical health. The study also highlighted a notable improvement in mental wellbeing in the UAE, rising to 64%—a seven-point increase from 2024 and 21 points above the global average.

    Despite this progress, emotional strain remains pervasive. Approximately 80% of respondents reported frequent agitation, 76% admitted to overreacting in stressful situations, and nearly 79% of women struggled to initiate tasks. Young adults aged 18–24 were particularly affected, with one in five describing their stress as unmanageable. Workplace stress also persists, with 84% of employees experiencing ongoing pressure and 41% reporting sleep disruptions.

    Experts attribute this shift to evolving cultural attitudes. Girish A. Hemnani, a Dubai-based life coach, noted that while some still view emotional struggles as a spiritual failing, there is a growing understanding that faith and mental health are not mutually exclusive. “Faith is meant to be felt, not forced,” he explained. “Processing emotions, rather than suppressing them, creates space for spiritual connection.”

    Dr. Shaju George, a psychiatrist at International Modern Hospital Dubai, emphasized the importance of culturally sensitive approaches to mental health care. “Collaborating with religious and community leaders has been crucial in normalizing discussions around mental health,” he said. “Integrating mental health into primary care and workplace wellness programs encourages early intervention.”

    Personal stories further illustrate this transformation. Ravi Rao, a 41-year-old Indian expat, shared how he now prioritizes mental breaks, therapy, and meditation. “It’s not weakness; it’s smart self-care,” he said. Similarly, Aisha Hassan, a 31-year-old Egyptian resident, found solace in journaling and mindfulness sessions. “Without calmness inside, nothing feels right outside,” she reflected.

    As more UAE residents reject the outdated notion that depression signifies weak faith, mental health care is gaining legitimacy, bridging the gap between emotional wellbeing and spirituality. This cultural shift not only dismantles stigma but also fosters a healthier, more compassionate society.

  • Thousands evacuated as typhoon bears down on Philippines

    Thousands evacuated as typhoon bears down on Philippines

    Thousands of residents in the Philippines have been evacuated as Typhoon Kalmaegi approaches Leyte Island, bringing with it powerful winds and the threat of devastating storm surges. The typhoon, with sustained winds of 120 kilometers per hour and gusts up to 150 kph, is expected to make landfall in a region historically vulnerable to catastrophic storms. Evacuations have been ongoing for two days, particularly in coastal towns like Palo and Tanauan, which were severely impacted by Super Typhoon Haiyan in 2013, a disaster that claimed over 6,000 lives. Neighboring Samar Island has also seen thousands evacuated, with predictions of three-meter storm surges. Local authorities in Guiuan town have even enforced mandatory evacuations to ensure safety. The Philippines, which faces an average of 20 storms annually, has already reached that number this year, with experts warning of three to five more storms before the end of December. In Dinagat Islands province, south of Leyte, preemptive evacuations have relocated 10,000 to 15,000 people to safer areas. Scientists attribute the increasing intensity of storms to human-driven climate change, while weather specialists note that higher cyclone activity often accompanies the La Nina climate pattern. The Philippines recently endured two major storms in September, including Super Typhoon Ragasa, which caused significant damage and fatalities in Taiwan.

  • Jennifer Aniston confirms relationship with Jim Curtis

    Jennifer Aniston confirms relationship with Jim Curtis

    Hollywood icon Jennifer Aniston has publicly confirmed her relationship with Jim Curtis, sharing a heartfelt black-and-white photo on Instagram to celebrate his birthday. The image, posted on Sunday, shows Curtis smiling warmly as Aniston affectionately wraps her arms around him from behind. The caption, ‘Happy birthday, my love. Cherished,’ quickly garnered an outpouring of support from fans. One admirer commented, ‘You are GLOWING! You go, girl, you have us cheering for you forever and always,’ while another expressed, ‘I cannot even explain how happy I am to see you happy, my Jen Jen.’ A third fan added, ‘This post just made my whole week, and it’s not even Monday yet.’ The couple, first linked in July after being spotted on a yacht, has since been seen together at several high-profile events, including the premiere of ‘The Morning Show’ season 4 and a dinner date with Aniston’s close friend Jason Bateman and his wife Amanda Anka. Introduced by a mutual friend, Curtis, a renowned author and life coach in the health and wellness industry, has reportedly had a positive influence on Aniston, encouraging her to ‘slow down’ and find balance in her busy life. A source revealed, ‘He’s helped her turn inward and slow down a bit. He really appreciates and feels proud of everything she’s built.’

  • Christmas harvest begins in Germany, where some say decorating trees began

    Christmas harvest begins in Germany, where some say decorating trees began

    In the picturesque Sauerland region of western Germany, the annual harvest of Christmas trees has commenced, marking the start of a cherished tradition that dates back over five centuries. German growers, like Eberhard Hennecke, are busy preparing for the festive season, ensuring that families across the nation can continue their time-honored custom of decorating Christmas trees. Hennecke, a local producer, shared with The Associated Press that the Sauerland region alone accounts for approximately one-third of Germany’s Christmas tree supply. While most trees are traditionally sold in urban areas, there has been a growing trend of families visiting tree farms to personally select and cut down their trees. To enhance the experience, many farms now offer seasonal treats such as mulled wine and snacks, creating a festive atmosphere that brings joy to all generations. Hennecke emphasized the emotional significance of this tradition, noting how the collective effort of families choosing their tree together fosters a sense of warmth and happiness. This centuries-old practice, which originated in Germany and later spread across Europe and the United States, continues to unite communities and celebrate the spirit of Christmas.

  • Amitabh Bachchan praises Indian women cricketers for World Cup win

    Amitabh Bachchan praises Indian women cricketers for World Cup win

    Bollywood icon Amitabh Bachchan, renowned for his passion for sports, expressed immense pride and joy as the Indian women’s cricket team clinched their maiden ICC Women’s World Cup title. The thrilling final against South Africa on Sunday captivated millions, with Bachchan joining the nation in celebrating this historic achievement. Taking to X (formerly Twitter), the legendary actor shared his elation, writing, ‘T 5552 – jiit gye (we have won) !!! India Women Cricket .. WORLD CHAMPIONS !! So much pride you have brought for us all .. CONGRATULATIONS CONGRATULATIONS CONGRATULATIONS !!!!’ The match saw India post a competitive total of 166/2, fueled by stellar performances from Smriti Mandhana and Shafali Verma. Despite a valiant effort from South Africa’s Laura Wolvaardt, India’s Deepti Sharma delivered a game-changing spell, securing a four-wicket haul and restricting South Africa to 246 runs. This victory marks a monumental milestone for Indian women’s cricket, inspiring a new generation of athletes.