• 'Hajj and the Arts of the Pilgrimage' is a 408-page book with 300 illustrations. Photo: Assouline
    'Hajj and the Arts of the Pilgrimage' is a 408-page book with 300 illustrations. Photo: Assouline
  • Gold and opaque watercolour of Masjid al‑Haram in Makkah and the Prophet’s Mosque in Madinah, from the book 'Dala’il al-Khayrat' (Proofs of Good Deeds), by Muhammad al‑Jazuli; 19th-century Kashmir. Photo: The Khalili Collections
    Gold and opaque watercolour of Masjid al‑Haram in Makkah and the Prophet’s Mosque in Madinah, from the book 'Dala’il al-Khayrat' (Proofs of Good Deeds), by Muhammad al‑Jazuli; 19th-century Kashmir. Photo: The Khalili Collections
  • A black silk and silver gilt fragment of the curtain for the door of the Kaaba; Cairo, mid to late 19th century. Photo: The Khalili Collections
    A black silk and silver gilt fragment of the curtain for the door of the Kaaba; Cairo, mid to late 19th century. Photo: The Khalili Collections
  • Blue and white porcelain Zamzam water bottles; 19th-century China. Photo: The Khalili Collections
    Blue and white porcelain Zamzam water bottles; 19th-century China. Photo: The Khalili Collections
  • A mahmal commissioned by Sultan Abdulhamid II and Abbas Hilmi II, the Khedive of Egypt; Cairo, 1898–99. Photo: The Khalili Collections
    A mahmal commissioned by Sultan Abdulhamid II and Abbas Hilmi II, the Khedive of Egypt; Cairo, 1898–99. Photo: The Khalili Collections
  • A painting showing pilgrims in Muzdalifah collecting pebbles; India, circa 1677–80. Photo: The Khalili Collections
    A painting showing pilgrims in Muzdalifah collecting pebbles; India, circa 1677–80. Photo: The Khalili Collections
  • Brass water flask for pilgrims; 16th-century India. Photo: The Khalili Collections
    Brass water flask for pilgrims; 16th-century India. Photo: The Khalili Collections
  • A watercolour of the city of Makkah; circa 1845. Photo: The Khalili Collections
    A watercolour of the city of Makkah; circa 1845. Photo: The Khalili Collections
  • Sufi saint Mian Mir praying at Madinah; 18th-century India. Photo: The Khalili Collections
    Sufi saint Mian Mir praying at Madinah; 18th-century India. Photo: The Khalili Collections
  • A detail from a Chinese scroll showing pilgrim boats crossing the sea, with a Chinese seal impression reading ‘Abdallah’; circa 19th century. Photo: The Khalili Collections
    A detail from a Chinese scroll showing pilgrim boats crossing the sea, with a Chinese seal impression reading ‘Abdallah’; circa 19th century. Photo: The Khalili Collections
  • Ghubar-i Sherif (dust from the Kaaba) wrapped in raffia, and sitting inside a gilt and silver box on velvet; 19th-century Turkey. Photo: The Khalili Collections
    Ghubar-i Sherif (dust from the Kaaba) wrapped in raffia, and sitting inside a gilt and silver box on velvet; 19th-century Turkey. Photo: The Khalili Collections
  • The red silk and silver embroidery curtain for the Rawdah of the Prophet’s Mosque, commissioned by Sultan Mahmud II; Turkey, 1808–39. Photo: The Khalili Collections
    The red silk and silver embroidery curtain for the Rawdah of the Prophet’s Mosque, commissioned by Sultan Mahmud II; Turkey, 1808–39. Photo: The Khalili Collections
  • A photograph showing the Kiswah of the Maqam Ibrahim being carried through Cairo, in the presence of King Farouk; Egypt, 1939. Photo: The Khalili Collections
    A photograph showing the Kiswah of the Maqam Ibrahim being carried through Cairo, in the presence of King Farouk; Egypt, 1939. Photo: The Khalili Collections
  • A photograph showing pilgrims circling the Kaaba in a ritual called al-Tawaf hawl al-Ka‘bah; 1880. Photo: The Khalili Collections
    A photograph showing pilgrims circling the Kaaba in a ritual called al-Tawaf hawl al-Ka‘bah; 1880. Photo: The Khalili Collections
  • 'The Arrival of the Mahmal from Cairo', a painting by Leonardo de Mango; 1921. Photo: The Khalili Collections
    'The Arrival of the Mahmal from Cairo', a painting by Leonardo de Mango; 1921. Photo: The Khalili Collections

New book shows 300 illustrations of the Hajj pilgrimage over the centuries


  • English
  • Arabic

To mark this year's Hajj, a new coffee-table book has been released, filled with glossy pages of artworks and artefacts connected to the world's largest religious pilgrimage.

Hajj and the Arts of Pilgrimage, by luxury publisher Assouline, recounts the importance of the journey to Islam's holiest city. As one of the five pillars of Islam, the pilgrimage to Makkah in Saudi Arabia must be undertaken by any Muslim able to complete it

The book explores many of the priceless artefacts of The Khalili Collections, gathered by British-Iranian scholar Nasser David Khalili over a 50-year period. Comprising more than 28,000 pieces of Islamic art and covering more than 1,400 years of history, it remains the largest and most comprehensive collection in private hands to date.

The book has been written by Qaisra M Khan, formerly of the British Museum and now a curator for The Khalili Collections, and is filled with insights into the Islamic principles and rituals of Hajj, and offers a glimpse of many of its sacred manuscripts.

The Kiswah of Maqam Ibrahim being carried through Cairo, with King Farouk in attendance, in 1939. Photo: The Khalili Collections
The Kiswah of Maqam Ibrahim being carried through Cairo, with King Farouk in attendance, in 1939. Photo: The Khalili Collections

More than 5,000 pieces of the collection are brought to light in this book, including one-off copies of the Quran, illustrated manuscripts, scientific instruments, textiles and rare books. There are even illustrations of Makkah, including one watercolour dated 1845, which shows the whole city as it was at the time.

The book also includes some of the earliest-known photographs of the Hajj, including one taken of pilgrims circling the Kaaba in 1880.

As a show of the global influence of Islam, the book includes such varied artworks as 19th-century Kashmiri drawings depicting the Masjid al-Haram in Makkah, and a drawing of pilgrim boats en route to the holy city as captured in a 19th-century Chinese scroll. There is even a 1939 photograph taken in Cairo showing the Kiswah of the Maqam Ibrahim, in the presence of Egypt's King Farouk.

With the Hajj largely kept shielded from non-Muslim eyes, Khan takes pains to provide a glimpse into this ancient and meaningful pilgrimage, and explain its spiritual and cultural significance to those who may never experience it first-hand.

Naga
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Libya's Gold

UN Panel of Experts found regime secretly sold a fifth of the country's gold reserves. 

The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.

Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.

A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

Citizenship-by-investment programmes

United Kingdom

The UK offers three programmes for residency. The UK Overseas Business Representative Visa lets you open an overseas branch office of your existing company in the country at no extra investment. For the UK Tier 1 Innovator Visa, you are required to invest £50,000 (Dh238,000) into a business. You can also get a UK Tier 1 Investor Visa if you invest £2 million, £5m or £10m (the higher the investment, the sooner you obtain your permanent residency).

All UK residency visas get approved in 90 to 120 days and are valid for 3 years. After 3 years, the applicant can apply for extension of another 2 years. Once they have lived in the UK for a minimum of 6 months every year, they are eligible to apply for permanent residency (called Indefinite Leave to Remain). After one year of ILR, the applicant can apply for UK passport.

The Caribbean

Depending on the country, the investment amount starts from $100,000 (Dh367,250) and can go up to $400,000 in real estate. From the date of purchase, it will take between four to five months to receive a passport. 

Portugal

The investment amount ranges from €350,000 to €500,000 (Dh1.5m to Dh2.16m) in real estate. From the date of purchase, it will take a maximum of six months to receive a Golden Visa. Applicants can apply for permanent residency after five years and Portuguese citizenship after six years.

“Among European countries with residency programmes, Portugal has been the most popular because it offers the most cost-effective programme to eventually acquire citizenship of the European Union without ever residing in Portugal,” states Veronica Cotdemiey of Citizenship Invest.

Greece

The real estate investment threshold to acquire residency for Greece is €250,000, making it the cheapest real estate residency visa scheme in Europe. You can apply for residency in four months and citizenship after seven years.

Spain

The real estate investment threshold to acquire residency for Spain is €500,000. You can apply for permanent residency after five years and citizenship after 10 years. It is not necessary to live in Spain to retain and renew the residency visa permit.

Cyprus

Cyprus offers the quickest route to citizenship of a European country in only six months. An investment of €2m in real estate is required, making it the highest priced programme in Europe.

Malta

The Malta citizenship by investment programme is lengthy and investors are required to contribute sums as donations to the Maltese government. The applicant must either contribute at least €650,000 to the National Development & Social Fund. Spouses and children are required to contribute €25,000; unmarried children between 18 and 25 and dependent parents must contribute €50,000 each.

The second step is to make an investment in property of at least €350,000 or enter a property rental contract for at least €16,000 per annum for five years. The third step is to invest at least €150,000 in bonds or shares approved by the Maltese government to be kept for at least five years.

Candidates must commit to a minimum physical presence in Malta before citizenship is granted. While you get residency in two months, you can apply for citizenship after a year.

Egypt 

A one-year residency permit can be bought if you purchase property in Egypt worth $100,000. A three-year residency is available for those who invest $200,000 in property, and five years for those who purchase property worth $400,000.

Source: Citizenship Invest and Aqua Properties

It Was Just an Accident

Director: Jafar Panahi

Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr

Rating: 4/5

Retail gloom

Online grocer Ocado revealed retail sales fell 5.7 per cen in its first quarter as customers switched back to pre-pandemic shopping patterns.

It was a tough comparison from a year earlier, when the UK was in lockdown, but on a two-year basis its retail division, a joint venture with Marks&Spencer, rose 31.7 per cent over the quarter.

The group added that a 15 per cent drop in customer basket size offset an 11.6. per cent rise in the number of customer transactions.

RESULTS
%3Cp%3E%0D5pm%3A%20Deerfields%20%E2%80%93%20Handicap%20(PA)%20Dh80%2C000%20(Turf)%202%2C200m%0D%3Cbr%3EWinner%3A%20Taajer%2C%20Richard%20Mullen%20(jockey)%2C%20Salem%20Al%20Ketbi%20(trainer)%0D%3Cbr%3E5.30pm%3A%20The%20Galleria%20%E2%80%93%20Handicap%20(PA)%20Dh80%2C000%20(T)%201%2C600m%0D%3Cbr%3EWinner%3A%20Zafaranah%2C%20Antonio%20Fresu%2C%20Musabah%20Al%20Muhairi%0D%3Cbr%3E6pm%3A%20Wathba%20Stallions%20Cup%20%E2%80%93%20Maiden%20(PA)%20Dh70%2C000%20(T)%201%2C200m%0D%3Cbr%3EWinner%3A%20Ifahat%20Du%20Loup%2C%20Abdul%20Aziz%20Al%20Balushi%2C%20Sulaiman%20Al%20Ghunaimi%0D%3Cbr%3E6.30pm%3A%20Mazyad%20%E2%80%93%20Handicap%20(PA)%20Dh80%2C000%20(T)%201%2C200m%0D%3Cbr%3EWinner%3A%20AF%20Majalis%2C%20Tadhg%20O%E2%80%99Shea%2C%20Ernst%20Oertel%0D%3Cbr%3E7pm%3A%20Dalma%20%E2%80%93%20Maiden%20(PA)%20Dh80%2C000%20(T)%201%2C400m%0D%3Cbr%3EWinner%3A%20Bassam%20Al%20Wathba%2C%20Bernardi%20Pinheiro%2C%20Majed%20Al%20Jahouri%0D%3Cbr%3E7.30pm%3A%20World%20Trade%20Centre%20%E2%80%93%20Handicap%20(TB)%20Dh80%2C000%20(T)%201%2C400m%0D%3Cbr%3EWinner%3A%20Fawaareq%2C%20Dane%20O%E2%80%99Neill%2C%20Doug%20Watson%3C%2Fp%3E%0A
MATCH INFO

Newcastle 2-2 Manchester City
Burnley 0-2 Crystal Palace
Chelsea 0-1 West Ham
Liverpool 2-1 Brighton
Tottenham 3-2 Bournemouth
Southampton v Watford (late)

Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

Blackpink World Tour [Born Pink] In Cinemas

Starring: Rose, Jisoo, Jennie, Lisa

Directors: Min Geun, Oh Yoon-Dong

Rating: 3/5

Company%20profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3EXare%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3EJanuary%2018%2C%202021%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EPadmini%20Gupta%2C%20Milind%20Singh%2C%20Mandeep%20Singh%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFunds%20Raised%3A%20%3C%2Fstrong%3E%2410%20million%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%20%3C%2Fstrong%3E28%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3Eundisclosed%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EMS%26amp%3BAD%20Ventures%2C%20Middle%20East%20Venture%20Partners%2C%20Astra%20Amco%2C%20the%20Dubai%20International%20Financial%20Centre%2C%20Fintech%20Fund%2C%20500%20Startups%2C%20Khwarizmi%20Ventures%2C%20and%20Phoenician%20Funds%3C%2Fp%3E%0A

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.”

UK’s AI plan
  • AI ambassadors such as MIT economist Simon Johnson, Monzo cofounder Tom Blomfield and Google DeepMind’s Raia Hadsell
  • £10bn AI growth zone in South Wales to create 5,000 jobs
  • £100m of government support for startups building AI hardware products
  • £250m to train new AI models
ETFs explained

Exhchange traded funds are bought and sold like shares, but operate as index-tracking funds, passively following their chosen indices, such as the S&P 500, FTSE 100 and the FTSE All World, plus a vast range of smaller exchanges and commodities, such as gold, silver, copper sugar, coffee and oil.

ETFs have zero upfront fees and annual charges as low as 0.07 per cent a year, which means you get to keep more of your returns, as actively managed funds can charge as much as 1.5 per cent a year.

There are thousands to choose from, with the five biggest providers BlackRock’s iShares range, Vanguard, State Street Global Advisors SPDR ETFs, Deutsche Bank AWM X-trackers and Invesco PowerShares.

'Moonshot'

Director: Chris Winterbauer

Stars: Lana Condor and Cole Sprouse 

Rating: 3/5

Schedule for Asia Cup

Sept 15: Bangladesh v Sri Lanka (Dubai)

Sept 16: Pakistan v Qualifier (Dubai)

Sept 17: Sri Lanka v Afghanistan (Abu Dhabi)

Sept 18: India v Qualifier (Dubai)

Sept 19: India v Pakistan (Dubai)

Sept 20: Bangladesh v Afghanistan (Abu Dhabi) Super Four

Sept 21: Group A Winner v Group B Runner-up (Dubai) 

Sept 21: Group B Winner v Group A Runner-up (Abu Dhabi)

Sept 23: Group A Winner v Group A Runner-up (Dubai)

Sept 23: Group B Winner v Group B Runner-up (Abu Dhabi)

Sept 25: Group A Winner v Group B Winner (Dubai)

Sept 26: Group A Runner-up v Group B Runner-up (Abu Dhabi)

Sept 28: Final (Dubai)

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Updated: July 11, 2022, 9:24 AM