Inger Krueger has been hosting visitors to Abu Dhabi since she moved to the emirate last August. "I'm not doing it for money. I know the favour will be returned," she says.
Inger Krueger has been hosting visitors to Abu Dhabi since she moved to the emirate last August. "I'm not doing it for money. I know the favour will be returned," she says.

Sofa so good



When the Polish photographer Bogna Teuchman arrived in Abu Dhabi in January, she had expected to end up sleeping in Abu Dhabi airport instead of getting the chance to visit Emirates Palace and the Grand Mosque. And a Berliner named Jens Steinhaus would not have visited the UAE at all, much less ended up staying with and being shown around by one of the city's residents. For Inger Krueger, an American librarian who recently moved to Abu Dhabi, acting as host for those two strangers was anything but a burden. Instead it was a fun payback for her own travels, which were for longer and further and involved more fun than she would otherwise have suspected.

In the olden days (a phrase which now includes the dial-up internet era of 10 years ago), finding someone in a distant city meant asking around and eventually discovering that your Aunt Lilly's neighbour's niece was living there. As with everything else in the superconnected internet era, such difficulties have gone the way of the floppy disk. Now a host of websites exist to connect strangers via a combination of modern-day bandwidth and an endearingly old-fashioned faith in human nature.

Krueger's situation is a perfect example of the reason for existence of websites like AirBnB.com and CouchSurfing.org, which connect people offering and seeking a place to sleep in a private house for either a modest fee or free of charge. As a university student, she had travelled through Europe in the summer vacations but even then the thought of sharing youth hostels and backpacker accommodation with hordes of other similar travellers was unappealing, despite being friendly to her travelling budget.

Now in her thirties, it is inconceivable, but the alternative - hotels - tended to be isolating and expensive, she says. Then she read a story about AirBnB on The New York Times website, in which it was described as both inexpensive and personal. For the hosts, usually all well-travelled, it was a chance to have the feel of travelling by meeting a range of interesting people. All this came to a head at Eid al Adha last year, when she wanted a European break from Abu Dhabi and realised that hotels would have crippled her budget and halved the length of her holiday. She also wanted to visit Copenhagen when the climate-change conference was on, a time when hotel rooms were unavailable for love nor money.

"I knew if I could find a way to get (cheap) accommodation I could stay for longer," she explains. "So I did AirBnB and CouchSurfing. I only paid for accommodation on a couple of nights. I went to Germany and then to the climate conference in Copenhagen. "What this meant that was instead of going for a week, I went for two weeks." Financial factors might have been an initial attraction but they soon faded in comparison with the human connection that was made, particularly because she was travelling solo. Rather than staying with a random stranger, each side could read the other's profile and choose someone with a similar mindset.

"In Berlin, it was a regular neighbourhood so you saw how regular people live, instead of staying in a hotel. Cheap hotels can be dirty and there are a few that are dodgy that I won't stay in," she said.  "In the past I did the whole European backpacking thing but I've got no desire to do it now. I'm past it. It's one thing to sleep on a friend's couch and it's another to sleep with 40 clubgoers."

Krueger got on so well with Steinhaus and his partner Tabea, her hosts in Berlin, that the following month they came out to visit her in Abu Dhabi so she could return the hospitality at her flat in Al Bateen. "They had friends in Abu Dhabi. They may not have even come here if they had not met me and known they had a place to stay," she said. She has since hosted others in similar circumstances, in part to pay back the generosity of others she has stayed with by paying it forward to others.

The most recent one was Teuchman, a 24-year-old Polish woman who had just completed a six-month contract as a cruise ship photographer on board the Brilliance of the Seas. If she had not contacted Krueger through CouchSurfing.com, her stay in Abu Dhabi in late January before flying on to Indonesia would have been completely different. "Honestly, because accommodation is so expensive in Abu Dhabi, I probably would have been stuck," she said. "If I hadn't found CouchSurfing.com, I might have had to go to the airport and stay there without seeing anything. It's very expensive.

"This way, I can see the sights through the eyes of someone who lives here and also get to know the culture. We went to Emirates Palace, the mall, the beach and we went to dinner at a Lebanese place and then lunch at a Vietnamese place." Her job on the cruise ship meant working seven days a week and with a raucous farewell party on the final night, she ended up sleeping for 12 hours after arriving at Krueger's two-bedroom flat, but that was all part of the give and take.

Staying with a woman also gave Teuchman a sense of security to offset her inexperience of the region. "This is my first time in the Middle East. I have to take into account that this is an Arab country so it's a different culture and I'm well aware of that fact," she added.  She has couch-surfed in the United States and through Europe. And when she is at home in Poland, between contracts and her own globe-trotting travels, Teuchman also hosts fellow travellers at the house she shares with her mother and brother.

"I haven't had bad experiences. I've had very respectful guests in my house. So long as they can tell me in advance by a week or two," she said. "I always have to ask my mother and brother. Sometimes they have to say no because there's something going on at home. That's one of the good things about couch-surfing: you don't have to say yes all the time. I can say no. It's very simple."  Her mother's vicarious encounters with the CouchSurfing ethos through her daughter's hosting has the added benefit of quelling some of her maternal fears for Teuchman's travels.

"My mother feels I'm safer and feels more comfortable for me when I'm couch-surfing," she adds. All that is exactly the goal of the site, which was formed just under 10 years ago when the American techie Casey Fenton found a cheap airfare from Boston to Iceland and then randomly emailed 1,500 students at the University of Iceland seeking a place to sleep. He received more than 50 offers and on his return, the concept of CouchSurfing.com was born.

It existed as a database for about four years before the idea went viral and the numbers went from about 4,000 at the end of 2004 to about 45,000 a year later. Some only offer to meet for coffee rather than to stay but most have couches or beds available. Despite a 2006 computer glitch which wiped out the entire database, the project was reborn with the enthusiasm of the existing members using the slogan: "Participate in creating a better world, one couch at a time."

Since then, the site has gathered more than 1.6 million members and is represented in almost every nation on the planet. There are about 180 registered members in Abu Dhabi. Krueger wished it had been around when she was backpacking but is happy to become a late convert, having registered both through Air BnB and CouchSurfing. For safety, she adopted a circumspect approach of only hosting with other women or couples and also of having extended communication before staying.

She was similarly cautious when she hosted for the first time, providing accomodation for a woman who was looking for a job in Abu Dhabi. "We chatted online a couple of times and then phoned a couple of times," Krueger added. "You can tell from the CouchSurfing references from other people they've stayed with or hosted - and especially by the kind of questions she was asking - what kind of girl this was.

"She was my first person, so I didn't give her a key. I just told her that the door locked when she left and she couldn't come back until I came back from work. She gives visitors, like Bogna, a key now. "I'm not doing it for money - I'm registered on Air BnB, but I haven't charged anyone. I'm doing it because I have space and I know the favour will be returned. I've already reaped the rewards."

How to avoid crypto fraud
  • Use unique usernames and passwords while enabling multi-factor authentication.
  • Use an offline private key, a physical device that requires manual activation, whenever you access your wallet.
  • Avoid suspicious social media ads promoting fraudulent schemes.
  • Only invest in crypto projects that you fully understand.
  • Critically assess whether a project’s promises or returns seem too good to be true.
  • Only use reputable platforms that have a track record of strong regulatory compliance.
  • Store funds in hardware wallets as opposed to online exchanges.
Dubai works towards better air quality by 2021

Dubai is on a mission to record good air quality for 90 per cent of the year – up from 86 per cent annually today – by 2021.

The municipality plans to have seven mobile air-monitoring stations by 2020 to capture more accurate data in hourly and daily trends of pollution.

These will be on the Palm Jumeirah, Al Qusais, Muhaisnah, Rashidiyah, Al Wasl, Al Quoz and Dubai Investment Park.

“It will allow real-time responding for emergency cases,” said Khaldoon Al Daraji, first environment safety officer at the municipality.

“We’re in a good position except for the cases that are out of our hands, such as sandstorms.

“Sandstorms are our main concern because the UAE is just a receiver.

“The hotspots are Iran, Saudi Arabia and southern Iraq, but we’re working hard with the region to reduce the cycle of sandstorm generation.”

Mr Al Daraji said monitoring as it stood covered 47 per cent of Dubai.

There are 12 fixed stations in the emirate, but Dubai also receives information from monitors belonging to other entities.

“There are 25 stations in total,” Mr Al Daraji said.

“We added new technology and equipment used for the first time for the detection of heavy metals.

“A hundred parameters can be detected but we want to expand it to make sure that the data captured can allow a baseline study in some areas to ensure they are well positioned.”

Six pitfalls to avoid when trading company stocks

Following fashion

Investing is cyclical, buying last year's winners often means holding this year's losers.

Losing your balance

You end up with too much exposure to an individual company or sector that has taken your fancy.

Being over active

If you chop and change your portfolio too often, dealing charges will eat up your gains.

Running your losers

Investors hate admitting mistakes and hold onto bad stocks hoping they will come good.

Selling in a panic

If you sell up when the market drops, you have locked yourself out of the recovery.

Timing the market

Even the best investor in the world cannot consistently call market movements.

COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
Paatal Lok season two

Directors: Avinash Arun, Prosit Roy 

Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong

Rating: 4.5/5

Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia

Small Victories: The True Story of Faith No More by Adrian Harte
Jawbone Press

Safety 'top priority' for rival hyperloop company

The chief operating officer of Hyperloop Transportation Technologies, Andres de Leon, said his company's hyperloop technology is “ready” and safe.

He said the company prioritised safety throughout its development and, last year, Munich Re, one of the world's largest reinsurance companies, announced it was ready to insure their technology.

“Our levitation, propulsion, and vacuum technology have all been developed [...] over several decades and have been deployed and tested at full scale,” he said in a statement to The National.

“Only once the system has been certified and approved will it move people,” he said.

HyperloopTT has begun designing and engineering processes for its Abu Dhabi projects and hopes to break ground soon. 

With no delivery date yet announced, Mr de Leon said timelines had to be considered carefully, as government approval, permits, and regulations could create necessary delays.

The Sand Castle

Director: Matty Brown

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

Rating: 2.5/5

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
Guide to intelligent investing
Investing success often hinges on discipline and perspective. As markets fluctuate, remember these guiding principles:
  • Stay invested: Time in the market, not timing the market, is critical to long-term gains.
  • Rational thinking: Breathe and avoid emotional decision-making; let logic and planning guide your actions.
  • Strategic patience: Understand why you’re investing and allow time for your strategies to unfold.
 
 
Emergency

Director: Kangana Ranaut

Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry 

Rating: 2/5

SPECS
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E2-litre%204-cylinder%20petrol%20(V%20Class)%3B%20electric%20motor%20with%2060kW%20or%2090kW%20powerpack%20(EQV)%0D%3Cbr%3E%3Cstrong%3EPower%3A%3C%2Fstrong%3E%20233hp%20(V%20Class%2C%20best%20option)%3B%20204hp%20(EQV%2C%20best%20option)%0D%3Cbr%3E%3Cstrong%3ETorque%3A%3C%2Fstrong%3E%20350Nm%20(V%20Class%2C%20best%20option)%3B%20TBA%20(EQV)%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3EMid-2024%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3ETBA%0D%3C%2Fp%3E%0A
The%20specs
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Star%20Wars%3A%20Episode%20I%20%E2%80%93%20The%20Phantom%20Menace
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Players Selected for La Liga Trials

U18 Age Group
Name: Ahmed Salam (Malaga)
Position: Right Wing
Nationality: Jordanian

Name: Yahia Iraqi (Malaga)
Position: Left Wing
Nationality: Morocco

Name: Mohammed Bouherrafa (Almeria)
Position: Centre-Midfield
Nationality: French

Name: Mohammed Rajeh (Cadiz)
Position: Striker
Nationality: Jordanian

U16 Age Group
Name: Mehdi Elkhamlichi (Malaga)
Position: Lead Striker
Nationality: Morocco

How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

Guns N’ Roses’s last gig before Abu Dhabi was in Hong Kong on November 21. We were there – and here’s what they played, and in what order. You were warned.

  • It’s So Easy
  • Mr Brownstone
  • Chinese Democracy
  • Welcome to the Jungle
  • Double Talkin’ Jive
  • Better
  • Estranged
  • Live and Let Die (Wings cover)
  • Slither (Velvet Revolver cover)
  • Rocket Queen
  • You Could Be Mine
  • Shadow of Your Love
  • Attitude (Misfits cover)
  • Civil War
  • Coma
  • Love Theme from The Godfather (movie cover)
  • Sweet Child O’ Mine
  • Wichita Lineman (Jimmy Webb cover)
  • Wish You Were Here (instrumental Pink Floyd cover)
  • November Rain
  • Black Hole Sun (Soundgarden cover)
  • Knockin’ on Heaven’s Door (Bob Dylan cover)
  • Nightrain

Encore:

  • Patience
  • Don’t Cry
  • The Seeker (The Who cover)
  • Paradise City
The specs
Engine: 4.0-litre flat-six
Power: 510hp at 9,000rpm
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
Price: From Dh801,800
THE SPECS

Cadillac XT6 2020 Premium Luxury

Engine:  3.6L V-6

Transmission: nine-speed automatic

Power: 310hp

Torque: 367Nm

Price: Dh280,000

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What should do investors do now?

What does the S&P 500's new all-time high mean for the average investor? 

Should I be euphoric?

No. It's fine to be pleased about hearty returns on your investments. But it's not a good idea to tie your emotions closely to the ups and downs of the stock market. You'll get tired fast. This market moment comes on the heels of last year's nosedive. And it's not the first or last time the stock market will make a dramatic move.

So what happened?

It's more about what happened last year. Many of the concerns that triggered that plunge towards the end of last have largely been quelled. The US and China are slowly moving toward a trade agreement. The Federal Reserve has indicated it likely will not raise rates at all in 2019 after seven recent increases. And those changes, along with some strong earnings reports and broader healthy economic indicators, have fueled some optimism in stock markets.

"The panic in the fourth quarter was based mostly on fears," says Brent Schutte, chief investment strategist for Northwestern Mutual Wealth Management Company. "The fundamentals have mostly held up, while the fears have gone away and the fears were based mostly on emotion."

Should I buy? Should I sell?

Maybe. It depends on what your long-term investment plan is. The best advice is usually the same no matter the day — determine your financial goals, make a plan to reach them and stick to it.

"I would encourage (investors) not to overreact to highs, just as I would encourage them not to overreact to the lows of December," Mr Schutte says.

All the same, there are some situations in which you should consider taking action. If you think you can't live through another low like last year, the time to get out is now. If the balance of assets in your portfolio is out of whack thanks to the rise of the stock market, make adjustments. And if you need your money in the next five to 10 years, it shouldn't be in stocks anyhow. But for most people, it's also a good time to just leave things be.

Resist the urge to abandon the diversification of your portfolio, Mr Schutte cautions. It may be tempting to shed other investments that aren't performing as well, such as some international stocks, but diversification is designed to help steady your performance over time.

Will the rally last?

No one knows for sure. But David Bailin, chief investment officer at Citi Private Bank, expects the US market could move up 5 per cent to 7 per cent more over the next nine to 12 months, provided the Fed doesn't raise rates and earnings growth exceeds current expectations. We are in a late cycle market, a period when US equities have historically done very well, but volatility also rises, he says.

"This phase can last six months to several years, but it's important clients remain invested and not try to prematurely position for a contraction of the market," Mr Bailin says. "Doing so would risk missing out on important portfolio returns."

COMPANY%20PROFILE
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UAE - India ties

The UAE is India’s third-largest trade partner after the US and China

Annual bilateral trade between India and the UAE has crossed US$ 60 billion

The UAE is the fourth-largest exporter of crude oil for India

Indians comprise the largest community with 3.3 million residents in the UAE

Indian Prime Minister Narendra Modi first visited the UAE in August 2015

His visit on August 23-24 will be the third in four years

Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, visited India in February 2016

Sheikh Mohamed was the chief guest at India’s Republic Day celebrations in January 2017

Modi will visit Bahrain on August 24-25