www.asianlite.com
P5
TUESDAY, MARCH 24, 2020
LONDON, DUBAI, DELHI & NEW YORK
CROWN PRINCE FUELS CONFIDENCE OF CANCER STRICKEN INDIAN BOY Flights suspended, Malls closed, Vegetable & Fish markets were ordered to shutdown as UAE gears up to face the challeneges sparked by Corona …reports Asian Lite News, local news and newspaper comments for Asians Everywhere
I
It’s a story. Abdullah put a post in his social media account. It was prominently featured in a TV news report, where the Hyderabad-origin boy said: “Shaikh Hamdan is so cool, adventurous and so kind. I want to meet his pets and I want to see his dresses.” In the video, he carried a banner that read: “I am your fan Shaikh Hamdan. I want to meet you. I love Fazza.”
The crown prince, later posted a picture with Abdullah on Instagram with the caption “Met this courageous boy today”. Besides meeting the Crown Prince, the family also spent time with his pets. Abdullah was also thrilled to see the giraffes, gazelles and elephants. His mother Nausheen told Dubai-based Gulf News that Abdullah’s fondness for
n
for
T he
T
LONDON & DUBAI
DUBAI: newsroomdubai@asianlite.com
Shaikh Hamdan began after he watched a video of the Crown Prince on YouTube and instantly became his fan. During chemotherapy, she said the parents took the names of Shaikh Hamdan and Avengers superheroes to divert Abdullah’s attention to ease his pain. She added the family was grateful that their ailing son’s wish was fulfilled.
BEWARE OF SCAMS
er p pa pora s ew Dias
Ind ia
Be the st N
t was a dream come to reality for little Abdullah in Dubai. The sevenyear-old is bed ridden with cancer. He is suffering from third stage cancer. His bucket list includes a meeting with his idol – Crown Prince of Dubai Sheikh Hamdan bin Mohammad bin Rashid Al Maktoum. The busy C0rown Prince heed his wishes and met him at the hospital.
he Dubai Financial Services Authority (DFSA) appeals to the public to take precautions on phishing scams and online frauds. The DFSA said that it continues to closely assess and address the implications of the evolving situation of COVID-19 pandemic. In a statement, the DFSA said that it will take all necessary proactive and precautionary measures to help Dubai and the UAE in their efforts to contain the spread of the pandemic and will continue to work closely with all government agencies in that respect. “The DFSA is actively engaged with the regulated community in the Dubai International Financial Centre, DIFC, to assess the immediate and longer-term impact of this unprecedented global situation, and to intervene, as needed, to ensure financial stability and consumer protection,” it added. As the DIFC is a global hub for financial services, the DFSA is in close and regular contact with local and international supervisory bodies. International regulatory standards
DAILY DIGITAL
have strengthened the resilience of the financial system over the past decade, the Authority noted. Banks have higher levels of capital and liquidity now than in previous times, DFSA continued, adding that this also includes capital and liquidity buffers that were specifically designed to be used for situations such as the coronavirus pandemic. “The DFSA’s investments in regulatory technology and digitalisation have allowed better functionality as many firms moved to remote working arrangements,” the statement said, adding, “DIFC markets, including the equities and the bond platforms of Nasdaq Dubai and the commodity market of the Dubai Mercantile Exchange, continue functioning ordinarily and efficiently. The DIFC markets’ structures have demonstrated operational strength and efficiency in this current environment, despite historic volatilities.” The DFSA highlighted that the current circumstances can increase financial institutions’ vulnerability to cyberattacks, phishing attempts and fraud.
LONDON: newsdesk@asianlite.com