Idex 2013: Tomorrow's systems today



DUBAI // The security risk of costly trips between prison and court could be a thing of the past thanks to the Remote Trial system.

The Ministry of Justice and the Ministry of Interior teamed up to create the system, which will allow evidence to be given by video conferencing rather than have the accused transported to and from court.

Remote Trial will be on display at the exhibition along with land, sea and air-defence systems from about 80 companies.

Abu Dhabi Police will showcase their mobile operations room, known as Meydaniya. It is fitted with the latest technology for use at accident scenes and other situations, providing centralised communication with everyone in the field, and streaming video and audio to the command centre at police headquarters.

Police will also display special surveillance equipment, from a digital camera that can be fitted to rescue dogs, to the Sniper radar and monitoring system to catch drivers who jump red lights.

Among international exhibits will be Raytheon's unique communications unit, TransTalk, a portable two-way device that automatically translates speech and can be configured for any language pairing.

It is designed to ease the exchange of information between battlefield allies across language barriers.

AgustaWestland will exhibit its new range of commercial, government and military helicopter types - including scale models of the GrandNew, AW169, AW139, AW189 and AW101.

About 25 per cent of the world fleet of AW139s are in the Middle East region.

"We are confident that the concept of our family of new-generation helicopters will also find significant success in the region," said Bruno Spagnolini, AgustaWestland's chief executive.

Also on display is the Alenia Aermacchi M-346 aircraft, the latest version of the MB-339, which is used by Al Fursan, the UAE's national aerobatics team.

"Since more than 40 years ago our jet trainers, basic trainers and transport aircraft have been in service in several countries in Mena," said Giuseppe Giordo, chief executive of Alenia Aermacchi.

Selex ES will be exhibiting its range of radar and airspace-surveillance systems.

"In Idex's Navdex area, the Baynunah, Falah 2 and Abu Dhabi class naval vessels are displaying Selex ES naval combat-management systems - just part of our portfolio of advanced sensors and systems," said the company's chief executive Fabrizio Giulianini. "We're proud to be putting our most advanced technology on show in Abu Dhabi."

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WHAT IS A BLACK HOLE?

1. Black holes are objects whose gravity is so strong not even light can escape their pull

2. They can be created when massive stars collapse under their own weight

3. Large black holes can also be formed when smaller ones collide and merge

4. The biggest black holes lurk at the centre of many galaxies, including our own

5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed

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'My Son'

Director: Christian Carion

Starring: James McAvoy, Claire Foy, Tom Cullen, Gary Lewis

Rating: 2/5

COMPANY PROFILE
Name: Airev
Started: September 2023
Founder: Muhammad Khalid
Based: Abu Dhabi
Sector: Generative AI
Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
Current number of staff: 47
 
Moon Music

Artist: Coldplay

Label: Parlophone/Atlantic

Number of tracks: 10

Rating: 3/5

EMIRATES'S%20REVISED%20A350%20DEPLOYMENT%20SCHEDULE
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The Intruder

Director: Deon Taylor

Starring: Dennis Quaid, Michael Ealy, Meagan Good

One star

Arctic Monkeys

Tranquillity Base Hotel Casino (Domino) 

 

Tributes from the UAE's personal finance community

• Sebastien Aguilar, who heads SimplyFI.org, a non-profit community where people learn to invest Bogleheads’ style

“It is thanks to Jack Bogle’s work that this community exists and thanks to his work that many investors now get the full benefits of long term, buy and hold stock market investing.

Compared to the industry, investing using the common sense approach of a Boglehead saves a lot in costs and guarantees higher returns than the average actively managed fund over the long term. 

From a personal perspective, learning how to invest using Bogle’s approach was a turning point in my life. I quickly realised there was no point chasing returns and paying expensive advisers or platforms. Once money is taken care off, you can work on what truly matters, such as family, relationships or other projects. I owe Jack Bogle for that.”

• Sam Instone, director of financial advisory firm AES International

"Thought to have saved investors over a trillion dollars, Jack Bogle’s ideas truly changed the way the world invests. Shaped by his own personal experiences, his philosophy and basic rules for investors challenged the status quo of a self-interested global industry and eventually prevailed.  Loathed by many big companies and commission-driven salespeople, he has transformed the way well-informed investors and professional advisers make decisions."

• Demos Kyprianou, a board member of SimplyFI.org

"Jack Bogle for me was a rebel, a revolutionary who changed the industry and gave the little guy like me, a chance. He was also a mentor who inspired me to take the leap and take control of my own finances."

• Steve Cronin, founder of DeadSimpleSaving.com

"Obsessed with reducing fees, Jack Bogle structured Vanguard to be owned by its clients – that way the priority would be fee minimisation for clients rather than profit maximisation for the company.

His real gift to us has been the ability to invest in the stock market (buy and hold for the long term) rather than be forced to speculate (try to make profits in the shorter term) or even worse have others speculate on our behalf.

Bogle has given countless investors the ability to get on with their life while growing their wealth in the background as fast as possible. The Financial Independence movement would barely exist without this."

• Zach Holz, who blogs about financial independence at The Happiest Teacher

"Jack Bogle was one of the greatest forces for wealth democratisation the world has ever seen.  He allowed people a way to be free from the parasitical "financial advisers" whose only real concern are the fat fees they get from selling you over-complicated "products" that have caused millions of people all around the world real harm.”

• Tuan Phan, a board member of SimplyFI.org

"In an industry that’s synonymous with greed, Jack Bogle was a lone wolf, swimming against the tide. When others were incentivised to enrich themselves, he stood by the ‘fiduciary’ standard – something that is badly needed in the financial industry of the UAE."

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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.

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