Shoba Padmanabhan knows the ingredients by heart. Three types of pickle, lemon, mango, ginger paste, plantain chips, at least half a dozen varieties of specially mainade curries, curd, poppadoms and payasam, a sweet pudding, all ceremoniously displayed on a large banana leaf.
These are the crucial components for the traditional feast of the 10-day harvest festival of Onam, the biggest in the Indian state of Kerala.
But there is one further ingredient without which the celebration would be incomplete. This year, however, Indians living in the UAE are facing the unthinkable prospect of an Onam without the traditional and culturally significant serving of non-basmati rice.
At the end of March, faced with growing inflation and as part of an attempt to control the price of basic foodstuffs, the Indian government introduced a year-long ban on the export of the rice, a staple in Kerala and for the estimated two million expatriates from the region, most of whom live in the Middle East.
The Rice Exporters Association of Kerala immediately appealed against the decision, telling the Indo-Asian News Service: "This is going to be a two-way loss for Kerala and Keralites. Firstly, Keralites abroad will not be able to eat their favourite variety of rice and secondly it is going to be a huge loss for the exporters."
In India, rice feeds more people than any other single commodity. The plain non-basmati variety is found in almost every home and is considered a staple, yet tasty, food for the common man.
The country is the second largest producer of rice in the world and usually exports more than four million tonnes a year. The UAE, on the other hand, imports more than 750,000 tonnes of rice, mostly from India, but also from Pakistan, Thailand and Egypt. Until this year's export ban, Indian rice flooded the UAE market and was available in every shop.
A similar ban imposed in Oct 2007 was soon lifted following protests by rice exporters. However, this time India is sticking to its guns. At the beginning of July the Supreme Court, responding to petitions against the ban, upheld the government's decision, declaring that without it the country faced the very real prospect of famine.
Last month, the government said the ban was likely to remain in force for at least three months, at which point the situation would be reassessed. Essentially, the delay was to see how the monsoon season played out; if the crop was blessed and rice performed well, the door to exports could be opened again.
India's decision had widespread consequences, not least among its countrymen living abroad, and triggered panic-buying in many countries. It also saw the price of Thai rice shoot up by 135 per cent; countries in the Gulf, including the UAE, are currently importing most of their rice from Thailand.
According to reports last month, between January and April UAE imports of Thai rice reached US$19.4 million, compared with only US$8.3m over the same period last year. In the whole of 2007, Thailand exported about 60,000 tonnes of rice to the UAE, generating revenue of more than $40m for the country.
Thailand, which is believed to have a rice surplus of nine million tonnes, may be sitting pretty, but the current situation is a reminder for the UAE that it is far too heavily reliant on imports for all food products and lends urgency to the country's plans to invest aggressively in agriculture and livestock in countries with fertile farmlands, such as Sudan, Egypt, Pakistan - and even India.
When news of the export ban broke, the thoughts of the expatriate Malayalees from the south Indian state of Kerala flew forward to Sept 12, the start of the 10-day festival of Onam, which culminates in the all-important meal, "Onasadhya".
Many scoured supermarkets and every possible alternative outlet in an attempt to secure sufficient supplies of non-basmati rice. Mrs Padmanabhan's family in Dubai were among them. "We bought 20kg when we heard that the ban would be imposed," she says. "We are fine for now, but this Onam the guest list will be smaller than usual." A few months ago, a 20kg sack of non-basmati rice would have fetched about Dh50; now the going rate is closer to Dh150. But whatever the price, expatriate Malayalees are likely to pay it.
"Rice prices are through the roof," says Mrs Padmanabhan. "We are paying more than twice the price for our favourite rice and it is still available only in very few places now."
But why is non-basmati rice such a vital component part of life for expatriate Malayalees - and why will other types of rice not do? After all, basmati rice, a long-grained aromatic variety, is unaffected by the ban and is widely available. But although it is eaten extensively throughout the Middle East and is used to prepare biryani and is served with kebabs, it is not considered a suitable rice for the daily meal, especially among south Indians - let alone for the celebration of Onam, which begins on Friday.
Non-basmati rice is important to Malayalees on several levels, but no understanding of just how vital it is can be complete without an understanding of the legend of Onam. Tellingly for the Malayalees scattered throughout the UAE - working to improve the lives of loved ones that economic realities have forced them to leave behind - it is a legend that has at its heart the pain of involuntary exile and the gnawing longing for a lost homeland. According to the legend, Kerala was once ruled by Mahabali, a demon king who, despite his demonic antecedents, was actually a wise and fair ruler, under whom the state enjoyed a golden era.
According to the telling of the myth by the Society for the Confluence of Festivals in India, under King Mahabali "everybody was happy in the kingdom, there was no discrimination on the basis of caste or class. Rich and poor were equally treated.
There was neither crime, nor corruption. People did not even lock their doors, as there were no thieves in that kingdom. There was no poverty, sorrow or disease in the reign of King Mahabali and everybody was happy and content ..."
Everybody but the gods, that is. Mahabali's good nature was his undoing. The deities grew jealous of his popularity and sent Lord Vishnu to test him. Disguised as Vamana, a poor dwarf, Vishnu appeared before the king to seek a favour. He asked only for as much land as he could cover in three paces.
As soon as Mahabali granted the apparently modest request, Vamana grew to gigantic proportions. His first step covered the sky; his second spanned the entire Earth. When he asked where he could place his third, King Mahabali, realising that the planet was poised for destruction, offered his head instead.
He had passed the test, but at the price of being driven into the lowest of the seven Hindu netherworlds. There, stripped of all worldly possessions, he had only one request, which was granted: that once a year he be allowed to visit his beloved Kerala and its people - and this is the day marked each year at the conclusion of the festival of Onam.
The point of the festival is to keep the king's spirit happy by persuading him that all his people are prosperous and, as part of this, it is important that on display in each house there should be plenty of vegetables, fruits - and the right kind of rice.
"There is no Onam without our own Indian rice," says Mrs Padmanabhan, expressing a view held adamantly by all her countrymen.
"Nothing else would taste good and nothing else will do."
There is, says Sashi Variyath, secretary of the Sharjah Malayalee Association, who has celebrated the festival in the UAE for the past 21 years, a "saying in Kerala ... that even a poor, hungry man must celebrate Onam. I do not think the surging prices would stop any Malayalee from buying his favourite Indian rice for Onam."
This year, the association is planning a grand Onam, featuring dance performances and an elaborate meal for hundreds of expatriate Indians, even though "The caterers have already warned us that this year each meal will cost much more because of the prices", says Mr Variyath.
For exiled Malayalees, the love of non-basmati rice is about much more than a simple preference for a certain type of food. Many know - up to a point, at least - exactly how King Mahabali must have felt. For NP Ramachandran, the President of Dubai Priyadarshini, an Indian organisation that has been conducting Onam celebrations in Dubai for the past 20 years, the rice has tremendous cultural and psychological importance for those who find themselves so far from home at such a significant time of year.
"In Kerala, Onam is celebrated immediately after the harvest season and the fresh rice from the fields is used for preparations," he says. "This, villagers say, has a special taste and smell to it. I think this is a significant aspect of Onam and the importance of the non-basmati Indian rice."
The importance is, he says, also "psychological. The rice has a specific feel and taste. This taste adds to the Onasadhya and we have been maintaining that for generations."
Manjula Nair, a college professor in Dubai and a regular Onam organiser, says she has always felt connected to the harvest festival.
"Kerala is known for its blossoming rice fields during the harvest season," she says. "It helps Keralites living abroad to connect to the rice fields and even their family back home."
Such a connection helps to make non-basmati rice a powerfully evocative symbol - and taste - of home. Small wonder that for Keralites everywhere the thought of using any other kind simply goes against the grain.
@Email:pmenon@thenatonal.ae
From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
Info
What: 11th edition of the Mubadala World Tennis Championship
When: December 27-29, 2018
Confirmed: men: Novak Djokovic, Rafael Nadal, Kevin Anderson, Dominic Thiem, Hyeon Chung, Karen Khachanov; women: Venus Williams
Tickets: www.ticketmaster.ae, Virgin megastores or call 800 86 823
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Specs
Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request
The rules on fostering in the UAE
A foster couple or family must:
- be Muslim, Emirati and be residing in the UAE
- not be younger than 25 years old
- not have been convicted of offences or crimes involving moral turpitude
- be free of infectious diseases or psychological and mental disorders
- have the ability to support its members and the foster child financially
- undertake to treat and raise the child in a proper manner and take care of his or her health and well-being
- A single, divorced or widowed Muslim Emirati female, residing in the UAE may apply to foster a child if she is at least 30 years old and able to support the child financially
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How to help
Send “thenational” to the following numbers or call the hotline on: 0502955999
2289 – Dh10
2252 – Dh 50
6025 – Dh20
6027 – Dh 100
6026 – Dh 200
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.”
The%20specs
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The%20specs
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A MINECRAFT MOVIE
Director: Jared Hess
Starring: Jack Black, Jennifer Coolidge, Jason Momoa
Rating: 3/5
NO OTHER LAND
Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal
Stars: Basel Adra, Yuval Abraham
Rating: 3.5/5
The specs: 2019 Subaru Forester
Price, base: Dh105,900 (Premium); Dh115,900 (Sport)
Engine: 2.5-litre four-cylinder
Transmission: Continuously variable transmission
Power: 182hp @ 5,800rpm
Torque: 239Nm @ 4,400rpm
Fuel economy, combined: 8.1L / 100km (estimated)
Fight card
- Aliu Bamidele Lasisi (Nigeria) beat Artid Vamrungauea (Thailand) POINTS
- Julaidah Abdulfatah (Saudi Arabia) beat Martin Kabrhel (Czech Rep) POINTS
- Kem Ljungquist (Denmark) beat Mourad Omar (Egypt) TKO
- Michael Lawal (UK) beat Tamas Kozma (Hungary) KO
- Zuhayr Al Qahtani (Saudi Arabia) beat Mohammed Mahmoud (UK) POINTS
- Darren Surtees (UK) beat Kane Baker (UK) KO
- Chris Eubank Jr (UK) beat JJ McDonagh (Ireland) TKO
- Callum Smith (UK) beat George Groves (UK) KO
Ms Yang's top tips for parents new to the UAE
- Join parent networks
- Look beyond school fees
- Keep an open mind
The specs
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
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 SPECS
Engine: 6.75-litre twin-turbocharged V12 petrol engine
Power: 420kW
Torque: 780Nm
Transmission: 8-speed automatic
Price: From Dh1,350,000
On sale: Available for preorder now
TOURNAMENT INFO
2018 ICC World Twenty20 Asian Western Regional Qualifier
The top three teams progress to the Asia Qualifier
Thursday results
UAE beat Kuwait by 86 runs
Qatar beat Bahrain by five wickets
Saudi Arabia beat Maldives by 35 runs
Friday fixtures
10am, third-place playoff – Saudi Arabia v Kuwait
3pm, final – UAE v Qatar
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
COMPANY%20PROFILE
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Tuesday's fixtures
Kyrgyzstan v Qatar, 5.45pm
So what is Spicy Chickenjoy?
Just as McDonald’s has the Big Mac, Jollibee has Spicy Chickenjoy – a piece of fried chicken that’s crispy and spicy on the outside and comes with a side of spaghetti, all covered in tomato sauce and topped with sausage slices and ground beef. It sounds like a recipe that a child would come up with, but perhaps that’s the point – a flavourbomb combination of cheap comfort foods. Chickenjoy is Jollibee’s best-selling product in every country in which it has a presence.
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
Hydrogen: Market potential
Hydrogen has an estimated $11 trillion market potential, according to Bank of America Securities and is expected to generate $2.5tn in direct revenues and $11tn of indirect infrastructure by 2050 as its production increases six-fold.
"We believe we are reaching the point of harnessing the element that comprises 90 per cent of the universe, effectively and economically,” the bank said in a recent report.
Falling costs of renewable energy and electrolysers used in green hydrogen production is one of the main catalysts for the increasingly bullish sentiment over the element.
The cost of electrolysers used in green hydrogen production has halved over the last five years and will fall to 60 to 90 per cent by the end of the decade, acceding to Haim Israel, equity strategist at Merrill Lynch. A global focus on decarbonisation and sustainability is also a big driver in its development.
CONFIRMED%20LINE-UP
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The specs
Engine: 4.0-litre flat-six
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