A reader argues that the diplomatic faux-pas committed by the Brazilian president Luiz Inacio Lula da Silva was in fact not a part of his scheduled visit, and should not be taken as a symbolic offence by Israel.
A reader argues that the diplomatic faux-pas committed by the Brazilian president Luiz Inacio Lula da Silva was in fact not a part of his scheduled visit, and should not be taken as a symbolic offenceShow more

A positive side to relations between the US and Arabs



I wholeheartedly agree with Alan Philps's analysis in US military moves towards a harder line against Israel (March 19). Thanks for making Arabs and Muslims see the side of Americans that is true. Americans don't hate Muslims or Arabs. I have learnt this in my 20 years of living in the US and have the honour of being a naturalised citizen. I am also very vocal about this with my family and friends and people are starting to see the truth.

Usually, it is Arabs and Muslims who complain so much about Israel and America in the same sentence and context. If we as Muslims start treating Americans and Israelis as separate entities, then that is beneficial for us. If we treat them the same, then it falls in Israel's favour. I hope more Muslims and Arabs will continue to see what I have learnt to be the truth. Irfan Syed, UAE

There's nothing "traditional" about the wreath-laying ceremony at Theodor Herzl's grave (Brazil's president deals Israel symbolic blow, March 19). It was invented as a ceremony for visiting heads of state a few months ago, and since then only Joe Biden accepted it. Nicholas Sarkozy and Silvio Berlusconi visited Israel after the ceremony was created and neither of them was anywhere within several hundred feet of that grave. What is indeed traditional is for diplomats of both countries to agree on a programme before the visit actually starts. The "traditional ceremony" was sprung upon Lula after he and his committee arrived in Israel, as a last-minute surprise conceived on purpose to embarrass him. Tomas Rosa Bueno, Bariloche, Argentina

With regard to Formal Arabic does nothing for one's street cred, March 21: anyone learning a language always starts with learning classical text. English students study Shakespeare, for example. So the spoken language of today is often diluted. It is not surprising that the written version is different from the spoken one. This is the norm, no matter where one lives. JB, London

Concerning Airline pair jailed over sex texting (March 19): Etisalat is keeping records of our texts? When did we sign up for that? If this is still the case, customers should be informed. Simple texts being legally binding documents is a serious matter. JD Rahman, Dubai

As a Muslim, I don't believe a woman should be working as a flight attendant in the first place, because it puts her in an Islamically inappropriate environment. Now if they had female-only cabins where they served female passengers and not be gawked at by male passengers (and male stewards) then that would possibly be better. If she did do what is claimed then I'm glad that she received the appropriate punishment. This is a step forward in the struggle to establish higher standards of moral behaviour. If certain expats don't like the fact that they are not free to behave immorally in this part of the world, then hard cheese! Abu Sumayyah, Abu Dhabi

Regarding There is no such thing as Wahabism, Saudi prince says (March 19): Well done! The prince is perfectly right. I think he has done well to spell that matter out for people to understand. Moussa Traore, Accra, Ghana

I applaud Ms Hissa Hilal for her courage, wisdom and intelligence (Million's Poet finalist defies death threats, March 20). She has hit the nail right on the issue that we face currently with Arab and Islamic cultures. I call on all scholars and leaders to encourage and support people such as Ms Hilal, nurture them and ensure their safety and prosperity in our societies. Name withheld by request

Concerning Police use shock tactics to help curb road deaths (March 19): It's simple. Stop those breaking the law and take away their driving licences. End of story. Simple. One law for all residents. Adil Ali, Abu Dhabi

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Ms Yang's top tips for parents new to the UAE
  1. Join parent networks
  2. Look beyond school fees
  3. Keep an open mind
We Weren’t Supposed to Survive But We Did

We weren’t supposed to survive but we did.      
We weren’t supposed to remember but we did.              
We weren’t supposed to write but we did.  
We weren’t supposed to fight but we did.              
We weren’t supposed to organise but we did.
We weren’t supposed to rap but we did.        
We weren’t supposed to find allies but we did.
We weren’t supposed to grow communities but we did.        
We weren’t supposed to return but WE ARE.
Amira Sakalla

COMPANY%20PROFILE
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The specs

Engine: Four electric motors, one at each wheel

Power: 579hp

Torque: 859Nm

Transmission: Single-speed automatic

Price: From Dh825,900

On sale: Now

The Byblos iftar in numbers

29 or 30 days – the number of iftar services held during the holy month

50 staff members required to prepare an iftar

200 to 350 the number of people served iftar nightly

160 litres of the traditional Ramadan drink, jalab, is served in total

500 litres of soup is served during the holy month

200 kilograms of meat is used for various dishes

350 kilograms of onion is used in dishes

5 minutes – the average time that staff have to eat
 

Destroyer

Director: Karyn Kusama

Cast: Nicole Kidman, Toby Kebbell, Sebastian Stan

Rating: 3/5 

UAE release: January 31 

Nepotism is the name of the game

Salman Khan’s father, Salim Khan, is one of Bollywood’s most legendary screenwriters. Through his partnership with co-writer Javed Akhtar, Salim is credited with having paved the path for the Indian film industry’s blockbuster format in the 1970s. Something his son now rules the roost of. More importantly, the Salim-Javed duo also created the persona of the “angry young man” for Bollywood megastar Amitabh Bachchan in the 1970s, reflecting the angst of the average Indian. In choosing to be the ordinary man’s “hero” as opposed to a thespian in new Bollywood, Salman Khan remains tightly linked to his father’s oeuvre. Thanks dad. 

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
The specs

AT4 Ultimate, as tested

Engine: 6.2-litre V8

Power: 420hp

Torque: 623Nm

Transmission: 10-speed automatic

Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)

On sale: Now

How to wear a kandura

Dos

  • Wear the right fabric for the right season and occasion 
  • Always ask for the dress code if you don’t know
  • Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work 
  • Wear 100 per cent cotton under the kandura as most fabrics are polyester

Don’ts 

  • Wear hamdania for work, always wear a ghutra and agal 
  • Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
Skewed figures

In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458. 

About Tenderd

Started: May 2018

Founder: Arjun Mohan

Based: Dubai

Size: 23 employees 

Funding: Raised $5.8m in a seed fund round in December 2018. Backers include Y Combinator, Beco Capital, Venturesouq, Paul Graham, Peter Thiel, Paul Buchheit, Justin Mateen, Matt Mickiewicz, SOMA, Dynamo and Global Founders Capital

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
COMPANY%20PROFILE
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BEACH SOCCER WORLD CUP

Group A

Paraguay
Japan
Switzerland
USA

Group B

Uruguay
Mexico
Italy
Tahiti

Group C

Belarus
UAE
Senegal
Russia

Group D

Brazil
Oman
Portugal
Nigeria

UAE%20ILT20
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