Arva Ahmed, founder of Frying Pan Adventures, says she has always lived a frugal life, a trait she picked up from her father. Photo: Victor Besa / The National
Arva Ahmed, founder of Frying Pan Adventures, says she has always lived a frugal life, a trait she picked up from her father. Photo: Victor Besa / The National
Arva Ahmed, founder of Frying Pan Adventures, says she has always lived a frugal life, a trait she picked up from her father. Photo: Victor Besa / The National
Arva Ahmed, founder of Frying Pan Adventures, says she has always lived a frugal life, a trait she picked up from her father. Photo: Victor Besa / The National

Money & Me: ‘The less I have, the more at peace I feel’


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Arva Ahmed has eaten her way through every gastronomic nook and cranny of Dubai’s Old Town since she launched her walking food tours in 2013.

Frying Pan Adventures has been an outlet for Ms Ahmed to broaden her knowledge on the mélange of cuisines in the city and its cultural relevance, enabling her to weave the stories of their sometimes offbeat and occasionally contested origins and create a satiating experience for residents and tourists alike.

Ms Ahmed, 38, grew up in Dubai and only left for a few years to complete her higher education in business and finance in the US. She returned in 2010 with the intention to join her father’s business but, within a year, realised she couldn’t ignore her passion for food.

“It started with blogging about food, but you aren’t really interacting or sharing a meal with people,” says Ms Ahmed.

“I wanted to influence behaviour and have an impact at a level where I was physically taking people into these places that I thought showcase the local and regional diversity housed in the city.”

Ms Ahmed lives in Deira with her three-year-old daughter Yara and is surrounded by her extended family.

How did money feature in your childhood?

Money matters never really came up at home. My sister and I received pocket money, but I don’t remember spending much of it because our parents always made sure we had everything. In fact, my father continues to give us pocket money and the amazing thing is that it has increased more than inflation.

Are you a spender or a saver?

I have always lived a frugal life. I think this is something that I’ve picked up from my father, who I never saw as being frivolous. He uses things for many years, like his car, even though I know he can afford to replace them. Like him, the less I have, the more at peace I feel.

When did you become financially independent?

Even though I have my own business, I don’t think I can ever consider myself as being financially independent. My father has always been a big part of my life and continues to support his daughters.

During the short time when I worked in New York, I was technically paying my own rent and buying my own food, but I never had student loans to pay off and did not have to pay my father back for it either, otherwise I’d still be paying off that debt.

How did the concept for walking food tours come about?

I had been exposed to food tours during a business trip to Delhi, India, so that seed had already been planted in my head as one possible way to pursue my passion for food, which I had picked up in college.

My father continues to give us pocket money and the amazing thing is that it has increased more than inflation
Arva Ahmed,
founder, Frying Pan Adventures

When I did my first test tour, where I went about eating dishes that were delicious in Dubai, I realised it was boring and nobody would want to do just that.

I had to figure out how to create conversations around the food and keep people engaged. I started to read books about food history and culture. The one that really moved me was Day of Honey: A Memoir of Food, Love, and War by Annia Ciezadlo.

It taught me that giving context beyond the plate is an important part of savouring the food. I started getting my hands on white papers and research so that we aren’t just satisfying food cravings but our guests’ mental curiosity as well.

How did the pandemic impact your business?

It was devastating. We had to refund everyone who had booked tours with us and that took a while because our processor in Canada went bankrupt.

We were in emergency mode and had to prioritise our refunds first and then all the expenses and overheads. Unfortunately, our freelance guides lost out on everything.

Arva Ahmed says having some savings during the pandemic helped to prevent her business from going under. Photo: Victor Besa / The National
Arva Ahmed says having some savings during the pandemic helped to prevent her business from going under. Photo: Victor Besa / The National

We couldn’t even do online tours because it wouldn’t be enough to address our costs. We were lucky the community was very supportive and even people in other countries who knew they’d never return to Dubai bought gift certificates during that time.

What did you learn during this time?

I was so glad we had a buffer and that we never overspent in the business. We have always taken things one step at a time.

I had always reinvested whatever little profit we made back into the business, so there was enough to support the team for a year even without work. Having some savings during this time helped, otherwise we would have gone completely under.

We have three full-time members, including my sister Farida, and four freelance guides. Work started to look up around October last year, although it has not recovered to pre-pandemic levels.

Has your relationship with money changed over the years?

It changed after I had my daughter, Yara. Despite having a background in finance and knowing that I should make personal investments, I don’t think I ever took the time out to do it.

I would only ever put all my money into my business and never planned for what needs to happen with all my personal savings, so investing has become a priority.

The other thing that has changed is that I am less frugal now. I’ve realised that I cannot do everything by myself in my business and that I need to outsource some things so that I can focus on the others.

I’ve also learnt how to let go and if time can be saved by throwing money at a problem, it is worth it. I now put a much higher price and monetary value on my mental well-being. It saves me a lot on medical bills.

What are you happiest spending money on?

I will pull out all the stops for my family and friends. That gives me the most joy. Spending on food does, too.

What was your last significant purchase?

I prefer spending on experiences, so the last one was a staycation with my daughter.

UAE currency: the story behind the money in your pockets
How much do leading UAE’s UK curriculum schools charge for Year 6?
  1. Nord Anglia International School (Dubai) – Dh85,032
  2. Kings School Al Barsha (Dubai) – Dh71,905
  3. Brighton College Abu Dhabi - Dh68,560
  4. Jumeirah English Speaking School (Dubai) – Dh59,728
  5. Gems Wellington International School – Dubai Branch – Dh58,488
  6. The British School Al Khubairat (Abu Dhabi) - Dh54,170
  7. Dubai English Speaking School – Dh51,269

*Annual tuition fees covering the 2024/2025 academic year

The%20specs
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Ain Dubai in numbers

126: The length in metres of the legs supporting the structure

1 football pitch: The length of each permanent spoke is longer than a professional soccer pitch

16 A380 Airbuses: The equivalent weight of the wheel rim.

9,000 tonnes: The amount of steel used to construct the project.

5 tonnes: The weight of each permanent spoke that is holding the wheel rim in place

192: The amount of cable wires used to create the wheel. They measure a distance of 2,4000km in total, the equivalent of the distance between Dubai and Cairo.

Awar Qalb

Director: Jamal Salem

Starring: Abdulla Zaid, Joma Ali, Neven Madi and Khadija Sleiman

Two stars

The bio

Who inspires you?

I am in awe of the remarkable women in the Arab region, both big and small, pushing boundaries and becoming role models for generations. Emily Nasrallah was a writer, journalist, teacher and women’s rights activist

How do you relax?

Yoga relaxes me and helps me relieve tension, especially now when we’re practically chained to laptops and desks. I enjoy learning more about music and the history of famous music bands and genres.

What is favourite book?

The Perks of Being a Wallflower - I think I've read it more than 7 times

What is your favourite Arabic film?

Hala2 Lawen (Translation: Where Do We Go Now?) by Nadine Labaki

What is favourite English film?

Mamma Mia

Best piece of advice to someone looking for a career at Google?

If you’re interested in a career at Google, deep dive into the different career paths and pinpoint the space you want to join. When you know your space, you’re likely to identify the skills you need to develop.  

 

THE SPECS

Engine: 1.5-litre turbocharged four-cylinder

Transmission: Constant Variable (CVT)

Power: 141bhp 

Torque: 250Nm 

Price: Dh64,500

On sale: Now

What are the GCSE grade equivalents?
 
  • Grade 9 = above an A*
  • Grade 8 = between grades A* and A
  • Grade 7 = grade A
  • Grade 6 = just above a grade B
  • Grade 5 = between grades B and C
  • Grade 4 = grade C
  • Grade 3 = between grades D and E
  • Grade 2 = between grades E and F
  • Grade 1 = between grades F and G
Test series fixtures

(All matches start at 2pm UAE)

1st Test Lord's, London from Thursday to Monday

2nd Test Nottingham from July 14-18

3rd Test The Oval, London from July 27-31

4th Test Manchester from August 4-8

UAE currency: the story behind the money in your pockets
In numbers: China in Dubai

The number of Chinese people living in Dubai: An estimated 200,000

Number of Chinese people in International City: Almost 50,000

Daily visitors to Dragon Mart in 2018/19: 120,000

Daily visitors to Dragon Mart in 2010: 20,000

Percentage increase in visitors in eight years: 500 per cent

The nine articles of the 50-Year Charter

1. Dubai silk road

2.  A geo-economic map for Dubai

3. First virtual commercial city

4. A central education file for every citizen

5. A doctor to every citizen

6. Free economic and creative zones in universities

7. Self-sufficiency in Dubai homes

8. Co-operative companies in various sectors

­9: Annual growth in philanthropy

U19 WORLD CUP, WEST INDIES

UAE group fixtures (all in St Kitts)

  • Saturday 15 January: UAE beat Canada by 49 runs 
  • Thursday 20 January: v England 
  • Saturday 22 January: v Bangladesh 

UAE squad:

Alishan Sharafu (captain), Shival Bawa, Jash Giyanani, Sailles
Jaishankar, Nilansh Keswani, Aayan Khan, Punya Mehra, Ali Naseer, Ronak Panoly,
Dhruv Parashar, Vinayak Raghavan, Soorya Sathish, Aryansh Sharma, Adithya
Shetty, Kai Smith  

The specs: 2018 Nissan 370Z Nismo

The specs: 2018 Nissan 370Z Nismo
Price, base / as tested: Dh182,178
Engine: 3.7-litre V6
Power: 350hp @ 7,400rpm
Torque: 374Nm @ 5,200rpm
Transmission: Seven-speed automatic
​​​​​​​Fuel consumption, combined: 10.5L / 100km

Updated: March 21, 2022, 4:28 AM`