The little fibs we often tell to those we love the most


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Recently, I read in an article that it is OK for spouses to have secrets from each other. This pleased me because my husband and I keep secrets from each other even though we consistently pretend that we don't.

It didn't start out this way. When we were newlyweds, we solemnly pledged that we would tell each other everything. Money issues, job trouble, family problems and even annoying habits like the fact that he always pulls the blanket to his side of the bed. Everything was out in the open. "No secrets," we said. It worked in the beginning.

A month after we got married, I called my husband at work and said: "Sweetheart, I banged the car into the one in front of me. I didn't brake in time."

My husband couldn't have been nicer. He dropped everything at work and hastened to my rescue: talked to the cops and took the car to the mechanic.

A few years into my marriage, I cut off the edge of my middle finger in the blender. It's a long story and you'll have to read my book to know it all. I called my husband at work.

"Darling, I cut off my middle finger," I said, holding a piece of flesh in my hand.

"Sweetheart, I am in a meeting. Can you take care of it?" he replied.

You can imagine how I felt. That evening, I told myself that my responses to my spouse would be more considerate; more sensitive.

A few years later, my husband called me from work. I was right at the end of an exciting eBay auction in which I was bidding on a Chinese vase with blue dragons on it. In a few seconds, I would own the vase. Time was ticking. It was then that the phone rang.

"Love of my life, I have tickets to the US Open," said my husband.

"Go yourself," I replied and banged the phone down. The bell trilled. Some other bidder had outbid me in the last second because I was busy answering the phone. I lost the vase. I broke another one.

That was the day we began keeping secrets, my husband and I. Secrets in relationships occur for one reason and one reason only: because you fear the response from the other party. I imagine that if I have the part of the brain that feels pain and empathy cut off from my head, I would be as truthful as Mahatma Gandhi - more so, in fact. But unfortunately, my brain is intact (arguably, according to my family) and so I feel the hurt.

Nowadays, my husband and I have lots of secrets and make no bones about it.

We still pretend to be completely open and have devised a series of ingenious lines to explain things when we get caught.

"I thought I already told you about that trip." Pause. "I did, remember? When we were with your parents? You don't remember anything I say."

"I didn't think you needed to know about that meeting where I planned to give up my job. It wasn't that important so I didn't think to tell you."

"I sent you a text saying that I would be two hours late to the party. Did you not get it?"

"It is saved in my drafts folder. I thought I emailed you the itinerary of that trip that I am taking alone with my buddies."

Weddings are ripe situations for secrecy. When women gather, there are shopping trips. Men hate this. But then, what do you do in between the actual wedding and the reception?

The men in my family hate this even though we do our best to hide it from them. They make pre-emptive strikes. When a group of us cousins gather, my father will come into the room where we are giggling and applying henna. He will take one look at us and announce, "I don't want our family to be late for the reception. The groom's party can come as late as they want but we will show up on time."

"Of course, of course," all of us will murmur, before slinking out quietly and covertly for the shops. Just as Roald Dahl said, we have: "secret plans and clever tricks."

Shoba Narayan is the author of Return to India: a memoir

GOLF’S RAHMBO

- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)

COMPANY PROFILE

Company: Bidzi

● Started: 2024

● Founders: Akshay Dosaj and Asif Rashid

● Based: Dubai, UAE

● Industry: M&A

● Funding size: Bootstrapped

● No of employees: Nine

Squid Game season two

Director: Hwang Dong-hyuk 

Stars:  Lee Jung-jae, Wi Ha-joon and Lee Byung-hun

Rating: 4.5/5

The Bio

Favourite vegetable: “I really like the taste of the beetroot, the potatoes and the eggplant we are producing.”

Holiday destination: “I like Paris very much, it’s a city very close to my heart.”

Book: “Das Kapital, by Karl Marx. I am not a communist, but there are a lot of lessons for the capitalist system, if you let it get out of control, and humanity.”

Musician: “I like very much Fairuz, the Lebanese singer, and the other is Umm Kulthum. Fairuz is for listening to in the morning, Umm Kulthum for the night.”

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

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.”

Our legal columnist

Name: Yousef Al Bahar

Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994

Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

Points to remember
  • Debate the issue, don't attack the person
  • Build the relationship and dialogue by seeking to find common ground
  • Express passion for the issue but be aware of when you're losing control or when there's anger. If there is, pause and take some time out.
  • Listen actively without interrupting
  • Avoid assumptions, seek understanding, ask questions

COMPANY PROFILE

Name: Rain Management

Year started: 2017

Based: Bahrain

Employees: 100-120

Amount raised: $2.5m from BitMex Ventures and Blockwater. Another $6m raised from MEVP, Coinbase, Vision Ventures, CMT, Jimco and DIFC Fintech Fund

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The biog

First Job: Abu Dhabi Department of Petroleum in 1974  
Current role: Chairperson of Al Maskari Holding since 2008
Career high: Regularly cited on Forbes list of 100 most powerful Arab Businesswomen
Achievement: Helped establish Al Maskari Medical Centre in 1969 in Abu Dhabi’s Western Region
Future plan: Will now concentrate on her charitable work

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Qosty Byogaani

Starring: Hani Razmzi, Maya Nasir and Hassan Hosny

Four stars

AWARDS
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UAE v Gibraltar

What: International friendly

When: 7pm kick off

Where: Rugby Park, Dubai Sports City

Admission: Free

Online: The match will be broadcast live on Dubai Exiles’ Facebook page

UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)