Shelina Janmohamed is an author and a culture columnist for The National
July 22, 2022
It’s hot in the UK. Very hot. And not the good kind. It’s not the only place suffering a heatwave. And yes we get it: there are places around the world always hotter than here. But in defence of the fact that the country was put under emergency alerts – and we’ve all been talking non-stop about the weather and how we miss the rain – the UK is not a country cut out for 40ºC weather. We don’t have enough fans, ice or air conditioning. We don’t even have any words to describe our torture other than "hot", "very hot", "extremely hot" and "hello, I can’t breathe anymore".
We have turned the weather discussion into an industrial complex, but probably only to hide from a frightening descent into pessimism. The sense of impending doom doesn’t just affect the UK, it feels omnipresent and threatening like a dark cloud. And we really want it to break: like a torrent of optimism in the stifling heat.
And it’s not just the atmosphere that is heavy; on everyone’s minds is the very real feeling that this is just the beginning of a radical shift in our climate. The wildfires that have broken out across the UK as well as continental Europe aren’t just burning land, trees, homes and entire landscapes, they are eviscerating our optimism.
Optimists move things forward. Pessimists don’t
It’s easy to get sucked into the sense we are now living constantly in a world that seems excessively downcast. The war in Ukraine and the concomitant crises of fuel and food rage on. Countries are in chaos – just look at what is happening in Sri Lanka. Inflation is going up. There’s a cost-of-living crisis. Covid-19 is far from over; in fact, cases are once again rising in some places. Before you write in with all sorts of other wars, famines, conflicts and troubles, just know that there are so many that are impossible to list, and I fear that what shreds of optimism that remain must be clung on to and magnified.
As individuals, optimism is supposed to make us live longer, make us healthier and also make us more successful. And that’s no surprise. As the late US president Dwight D Eisenhower once pointed out, “pessimism never won any battle”. That is to say, when faced with risk and opportunity, being pessimistic about the things that could go wrong can mean that no change or progress is made.
Optimism is what has made society today. Optimists move things forward. Pessimists don’t.
And yet, we find ourselves in an imbalance towards pessimism. Our public discourse – driven by politicians and the media – is driven typically towards the negative. Positive news stories are small. Sometimes their inclusion is so notable they are the quirky feel-good story at the end, a small salve to soothe the wounds from the relentless negativity of current affairs. No wonder so many of us find ourselves tuning out the news after a point. There’s only so much the soul can bear.
I get the feeling of pessimism. The promises of the brave new world, the space race, the post-war peace treaties … and that’s before the promises of the post-millennial world of technology that would break boundaries and democratise power, which, instead, seems to have taken dark turns and created new problems, some of which are so intangible that we don’t even know what they are.
But to move forward and create change, we must revive optimism. The sci-fi author Arthur C Clarke, whose writings have been prescient in many ways, took this view. “I am an optimist,” he said. “Anyone interested in the future has to be, otherwise he would simply shoot himself.”
Winston Churchill and Dwight D Eisenhower, sitting in a horse carriage in Williamsburg, Virginia, in 1946, were both optimists. AP Photo
The good news is that we can learn optimism. Psychologists offer plenty of mind hacks. Notice good things as they happen. Train your mind to believe you can actually make good things happen in your life. Don’t blame yourself when things go wrong. When something good happens, give yourself credit. And remind yourself that, in general, setbacks are temporary.
There’s something about creating forward momentum, too: don’t dwell on the problem, focus on the solutions. Think about what lies ahead rather than the past, or even present problems.
When I look back at the pandemic, it makes me reflect on the difference between well-being – an almost passive, inert state that we all described and explored in enormous detail without anything else to do – and how little we spoke of living in a state of optimism: the mental state that helps us move towards a brighter future. One can be in a poor state of well-being at the same time as being optimistic. And then using that optimism to galvanise for a positive future state.
We can then inject this personal optimism into our collective pessimism. Personal optimism often derives from the feeling that we have some control and stake in our personal lives and can, therefore, deliver the positive future we hope for. We need to bring that sense of personal control and stake into our feelings and actions about society. As the late British prime minister Winston Churchill said, "an optimist is one who sees the opportunity in every difficulty".
Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.
You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”
However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.
This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”
This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.
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Pakistan T20 series squad
Sarfraz Ahmed (captain), Fakhar Zaman, Ahmed Shahzad, Babar Azam, Shoaib Malik, Mohammed Hafeez, Imad Wasim, Shadab Khan, Mohammed Nawaz, Faheem Ashraf, Hasan Ali, Amir Yamin, Mohammed Amir (subject to fitness clearance), Rumman Raees, Usman Shinwari, Umar Amin
Business Insights
As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses.
SMEs with revenue below Dh3 million per annum can opt for transitional relief until 2026, treating them as having no taxable income.
Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.
The flights Emirates, Etihad and Malaysia Airlines all fly direct from the UAE to Kuala Lumpur and on to Penang from about Dh2,300 return, including taxes.
Where to stay
In Kuala Lumpur,Element is a recently opened, futuristic hotel high up in a Norman Foster-designed skyscraper. Rooms cost from Dh400 per night, including taxes. Hotel Stripes, also in KL, is a great value design hotel, with an infinity rooftop pool. Rooms cost from Dh310, including taxes.
In Penang,Ren i Tang is a boutique b&b in what was once an ancient Chinese Medicine Hall in the centre of Little India. Rooms cost from Dh220, including taxes. 23 Love Lane in Penang is a luxury boutique heritage hotel in a converted mansion, with private tropical gardens. Rooms cost from Dh400, including taxes.
In Langkawi,Temple Tree is a unique architectural villa hotel consisting of antique houses from all across Malaysia. Rooms cost from Dh350, including taxes.
Pablo Carreno Busta (SPA) v Stefanos Tsitsipas (GRE) [2]
Roberto Bautista Agut (SPA) [5] v Jan-Lennard Struff (GER)
Court One
Starting at 2pm
Prajnesh Gunneswaran (IND) v Dennis Novak (AUT)
Joao Sousa (POR) v Filip Krajinovic (SRB)
Not before 5pm:
Rajeev Ram (USA) and Joe Salisbury (GBR) [1] v Marin Cilic v Novak Djokovic (SRB)
Nikoloz Basilashvili v Ricardas Berankis (LTU)
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
What is Folia?
Prince Khaled bin Alwaleed bin Talal's new plant-based menu will launch at Four Seasons hotels in Dubai this November. A desire to cater to people looking for clean, healthy meals beyond green salad is what inspired Prince Khaled and American celebrity chef Matthew Kenney to create Folia. The word means "from the leaves" in Latin, and the exclusive menu offers fine plant-based cuisine across Four Seasons properties in Los Angeles, Bahrain and, soon, Dubai.
Kenney specialises in vegan cuisine and is the founder of Plant Food Wine and 20 other restaurants worldwide. "I’ve always appreciated Matthew’s work," says the Saudi royal. "He has a singular culinary talent and his approach to plant-based dining is prescient and unrivalled. I was a fan of his long before we established our professional relationship."
Folia first launched at The Four Seasons Hotel Los Angeles at Beverly Hills in July 2018. It is available at the poolside Cabana Restaurant and for in-room dining across the property, as well as in its private event space. The food is vibrant and colourful, full of fresh dishes such as the hearts of palm ceviche with California fruit, vegetables and edible flowers; green hearb tacos filled with roasted squash and king oyster barbacoa; and a savoury coconut cream pie with macadamia crust.
In March 2019, the Folia menu reached Gulf shores, as it was introduced at the Four Seasons Hotel Bahrain Bay, where it is served at the Bay View Lounge. Next, on Tuesday, November 1 – also known as World Vegan Day – it will come to the UAE, to the Four Seasons Resort Dubai at Jumeirah Beach and the Four Seasons DIFC, both properties Prince Khaled has spent "considerable time at and love".
There are also plans to take Folia to several more locations throughout the Middle East and Europe.
While health-conscious diners will be attracted to the concept, Prince Khaled is careful to stress Folia is "not meant for a specific subset of customers. It is meant for everyone who wants a culinary experience without the negative impact that eating out so often comes with."