These novels explore nature in various ways. Photos: Bantam Spectra; Sphere; Flatiron Books; Capes-Agregation; HarperCollins; Anchor Books; Grand Central Publishing; Liveright; Scribner; Penguin
These novels explore nature in various ways. Photos: Bantam Spectra; Sphere; Flatiron Books; Capes-Agregation; HarperCollins; Anchor Books; Grand Central Publishing; Liveright; Scribner; Penguin
These novels explore nature in various ways. Photos: Bantam Spectra; Sphere; Flatiron Books; Capes-Agregation; HarperCollins; Anchor Books; Grand Central Publishing; Liveright; Scribner; Penguin
These novels explore nature in various ways. Photos: Bantam Spectra; Sphere; Flatiron Books; Capes-Agregation; HarperCollins; Anchor Books; Grand Central Publishing; Liveright; Scribner; Penguin

Earth Day: 12 novels to read with an environmental protection theme


Maan Jalal
  • English
  • Arabic

Earth Day encourages people around the world to take time out and demonstrate their support for environmental protection.

First held on April 22, 1970, and organised by Earthday.org, the movement includes a wide range of globally co-ordinated events, involving more than one billion people in about 192 countries.

This year's theme is Planet v Plastics. Events, talks and other initiatives are geared towards Earth Day's commitment to reducing the use of plastics for the sake of planetary health and achieving a 60% reduction in production by 2040.

Selected by The National, here are 12 novels that delve into the theme of environmental protection.

Beauty by Sherri S Tepper

This multi-genre novel is also a fairy-tale retelling. Photo: Bantam Spectra
This multi-genre novel is also a fairy-tale retelling. Photo: Bantam Spectra

This is perhaps one of the acclaimed author's most ambitious works, combining elements of sci-fi and fantasy, with a particular focus on fairy tale, dystopia and time travel.

The story begins in 14th century Europe, where an aristocrat named Beauty, 16, discovers that she is half-fairy. As she sets off on a quest to find her mother and understand her magical heritage, she is kidnapped by time-travellers and given a glimpse into the fate of the world in the 21st century.

Horrified by what mankind has done to the planet, Beauty travels back to the 20th century and to her own time in an attempt to change the course of history and save nature.

The Ministry For The Future by Kim Stanley Robinson

Written in 2020, Kim Stanley Robinson's science fiction novel is an optimistic view of the what the world can do to combat climate change. Photo: Orbit Books
Written in 2020, Kim Stanley Robinson's science fiction novel is an optimistic view of the what the world can do to combat climate change. Photo: Orbit Books

When a heatwave in India kills 20 million people in 2025, the world must act to ensure the survival of the human race.

Kim Stanley Robinson’s novel is considered hard science fiction for its scientific accuracy and its focus on logic and realism, but it has also become one of the pre-eminent titles of the emerging "climate fiction" genre. The novel follows the actions of an international organisation named the Ministry for the Future and its mission to act as an advocate for future generations as if their rights were as valid as the present generation's.

Led by aid worker Mary Murphy, the story follows her mission to convince central banks of the threats to currency and market stability posed by the effects of climate change.

Part of what has made the novel – and Robinson's other works such as his Mars trilogy – resonate around the world, and with leaders such as Barack Obama, is its focus on realistic problem solving for current issues.

The Word For World Is Forest by Ursula K Le Guin

The Word For World Is Forest by Ursula K Le Guin was first published in 1972 as part of an anthology. Photo: Tor Books
The Word For World Is Forest by Ursula K Le Guin was first published in 1972 as part of an anthology. Photo: Tor Books

Master storyteller Ursula K Le Guin, known for her Earthsea fantasy series, delivers a powerful tale on the environmental sacrifices and damage that occur during war.

First published in 1972 as part of an anthology and then as a separate novella in 1976, The Word For World Is Forest is a science fiction story and is part of Le Guin's Hainish Cycle series.

Set in a far off future, the story focuses on the military colonisation of the planet Athshe by the people of Earth. After enslaving the completely non-violent natives, one of them, named Selver, leads a revolt after the murder of his wife. Through his efforts to free his planet of the control of the earthlings, Selver inadvertently introduces concepts of mass violence and anger to his world with devastating results to its culture and environment.

The Death of Grass by John Christopher

John Christopher’s classic novel written in 1956 imagines a world where a virus destroys the planet's grass crops. Photo: Sphere (London)
John Christopher’s classic novel written in 1956 imagines a world where a virus destroys the planet's grass crops. Photo: Sphere (London)

Rice crops have been wiped out in Asia because of the Chung-Li virus, resulting in mass starvation and riots. The virus has spread around the world and is still mutating, destroying wheat, barley, oats, rye and threatening all grass crops.

The world is on the brink of a global famine and the British government makes secret plans to preserve the lives of a few by sacrificing the many.

John Custance, an engineer, discovers these plans and decides to abandon his London home with his family and head for his brother's farm in a remote northern valley. On their journey, they see the country and humanity fall into chaos and are faced with impossible choices in order to survive.

Migrations by Charlotte McConaghy

Franny Stone tried to uncover what is happening to the disappearing wildlife while running away from her past. Photo: Flatiron Books
Franny Stone tried to uncover what is happening to the disappearing wildlife while running away from her past. Photo: Flatiron Books

Franny Stone is running away, but she doesn’t know why. Set in a not-so-far-off future where much of the world’s wildlife has died out due to the changing climate, Franny arrives in Greenland with one purpose in mind.

She plans to follow the last Arctic tern birds in the world on what might be their final migration to Antarctica.

As she travels with a crew away from shore and safety, Franny’s past doesn’t leave her. On the way, she is confronted with it, including an unforgettable love affair and a tragic crime, as she focuses on the future of the world.

The Grapes of Wrath by John Steinbeck

This renowned masterpiece helped change laws in America. Photo: Capes-Agregation
This renowned masterpiece helped change laws in America. Photo: Capes-Agregation

The Dust Bowl era of the 1930s was a time in American history when severe storms damaged prairie agriculture in the central part of the country.

John Steinbeck’s Pulitzer Prize-winning 1939 epic follows the Joad family, one of many who underwent a forced migration during that hardship, though its themes still resonate today.

In an attempt to make a better life for his family, Tom Joad and his family leave their farm in Oklahoma and travel to California. The story chronicles their difficulties and the societal injustices they witness, particularly that of the plight of migrant farmworkers.

The novel is considered a masterpiece of American literature and contributed to legislative changes to protect farmworkers.

Flight Behaviour by Barbara Kingsolver

Dellarobia Turnbow must face a miracle of nature and her own choices. Photo: HarperCollins
Dellarobia Turnbow must face a miracle of nature and her own choices. Photo: HarperCollins

Dellarobia Turnbow was forced to become a farmer’s wife and abandon her dreams when she became pregnant at 17. Ten years later, she is unfulfilled and has started an affair with a younger man.

Her life and the world of the small town she lives in takes a strange turn when she discovered a silent, forested valley filled with a lake of fire behind her home.

As this natural phenomenon draws together scientists, religious leaders, farmers and the media, each with their own opportunistic intentions, Dellarobia must confront her family and community at the risk of discovering a truth she may not be ready for.

Oryx and Crake by Margaret Atwood

The last man on earth is coming to terms with the choices mankind has made when meddling with nature. Photo: Anchor Books
The last man on earth is coming to terms with the choices mankind has made when meddling with nature. Photo: Anchor Books

Known for her beloved novel The Handmaid’s Tale, Margaret Atwood has other powerful and thought-provoking works such as Oryx and Crake.

In the aftermath of a plague brought on by genetic engineering, the world is struggling to survive. Snowman, who may be the last human in the world, has lost his best friend Crake, and the beautiful Oryx, whom they both loved.

He embarks on a journey with the help of the green-eyed children of Crake, physically flawless beings engineered by man who don’t understand violence or envy. Together they travel through the wilderness of what was once a great city, as Snowman attempts to search for answers about his life and the world.

The Light Pirate by Lily Brooks-Dalton

Wanda is a special person who is adapting to nature in a way no on else can. Photo: Grand Central Publishing
Wanda is a special person who is adapting to nature in a way no on else can. Photo: Grand Central Publishing

Wanda was born prematurely in Florida in the middle of a catastrophic storm. But she is not like other children.

The world is changing through unpredictable weather patterns and rising sea levels, and as Wanda grows from a child to an adult she adapts not only to the changing landscape, but to the people who remain as civilisation abandoned the world.

The apocalyptic story is filled with elements of magical realism, painting a surreal picture of how Wanda loses family, gains love and is remade in a world where nature is the ultimate ruler.

The Drowned World by JG Ballard

London has turned into a jungle and the only way to understand why is to explore it. Photo: Liveright
London has turned into a jungle and the only way to understand why is to explore it. Photo: Liveright

Solar radiation and global warming have melted the polar ice caps and the world has turned into a Triassic-era jungle.

JG Ballard’s The Drowned World was written in 1962 but is set in the year 2145, when London and the world have completely changed.

Biologist Dr Robert Kerans and his team of scientists must face this prehistoric environment where human civilisation is disappearing before giant iguanas, albino alligators and dangerous virus-infecting insects.

The story is an epic adventure that also seeks to examine the effects of environmental collapse on all facets of human life.

Damnation Spring by Ash Davidson

A married couple find themselves on opposite sides of a fight to save their family. Photo: Scribner
A married couple find themselves on opposite sides of a fight to save their family. Photo: Scribner

Colleen and Rich Gundersen are a married couple with a young son. The year is 1977 and the young family live in a small town where harvesting trees, the main source of income for the community, is a dwindling trade.

Rich is a tree-topper, a job that requires him to scale trees hundreds of feet tall. He has secretly spent their savings on a large strip of ancient redwoods. Colleen, who is desperate to have a second baby, is in the process of challenging the town’s logging company’s use of herbicides. She believes they are responsible for many miscarriages in the community.

The story places Colleen and Rich on opposite sides of the conflict while exploring how capitalism can effect communities, the environment and humanity on both an intimate and universal scale.

Where the Crawdads Sing by Delia Owens

Known as the marsh girl, Kya Clark must leave nature in order to find a part of herself that feels missing. Photo: Penguin
Known as the marsh girl, Kya Clark must leave nature in order to find a part of herself that feels missing. Photo: Penguin

Kya Clark is barefoot and wild, named the marsh girl by the people of Barkley Cove, a fishing village.

The sleepy village is turned upside down when the popular Chase Andrews is found dead and locals immediately suspect Kya. However, she is not what she seems.

Uneducated but a born naturalist, Kya lives and learns from the land, understanding the real ways of the world by how fireflies give out signals. And while she can live alone, Kya still finds herself yearning to be loved and is drawn to two young men from the town – each of whom have their own intentions.

The novel is both an ode to nature and a powerful coming of age story centred around a tragic mystery.

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
if you go

The flights

Emirates have direct flights from Dubai to Glasgow from Dh3,115. Alternatively, if you want to see a bit of Edinburgh first, then you can fly there direct with Etihad from Abu Dhabi.

The hotel

Located in the heart of Mackintosh's Glasgow, the Dakota Deluxe is perhaps the most refined hotel anywhere in the city. Doubles from Dh850

 Events and tours

There are various Mackintosh specific events throughout 2018 – for more details and to see a map of his surviving designs see glasgowmackintosh.com

For walking tours focussing on the Glasgow Style, see the website of the Glasgow School of Art. 

More information

For ideas on planning a trip to Scotland, visit www.visitscotland.com

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%3Cp%3E%3Cbr%3E%3Cstrong%3EUFC%20112%3A%3C%2Fstrong%3E%20Invincible%20(April%2010%2C%202010)%3Cbr%3E%3Cbr%3E%3Cstrong%3EUFC%20Fight%20Night%3A%20%3C%2Fstrong%3ENogueira%20v%20Nelson%20(April%2011%2C%202014)%3Cbr%3E%3Cbr%3E%3Cstrong%3EUFC%20242%3A%3C%2Fstrong%3E%20Khabib%20v%20Poirier%20(September%207%2C%202019)%3Cbr%3E%3Cbr%3E%20%3Cbr%3E%3Cstrong%3EFight%20Island%201%3C%2Fstrong%3E%3Cbr%3E%3Cbr%3E%3Cstrong%3EUFC%20251%3A%3C%2Fstrong%3E%20Usman%20v%20Masvidal%20(July%2012%2C%202020)%3Cbr%3E%3Cbr%3E%3Cstrong%3EUFC%20on%20ESPN%3A%3C%2Fstrong%3E%20Kattar%20v%20Ige%20(July%2016%2C%202020)%3Cbr%3E%3Cbr%3E%3Cstrong%3EUFC%20Fight%20Night%3A%20%3C%2Fstrong%3EFigueiredo%20v%20Benavidez%202%20(July%2019%2C%202020)%3Cbr%3E%3Cbr%3EUFC%20on%20ESPN%3A%20Whittaker%20v%20Till%20(July%2026%2C%202020)%3Cbr%3E%3Cbr%3E%20%3Cbr%3E%3Cstrong%3EFight%20Island%202%3C%2Fstrong%3E%3Cbr%3E%3Cbr%3E%3Cstrong%3EUFC%20253%3A%20%3C%2Fstrong%3EAdesanya%20v%20Costa%20(September%2027%2C%202020)%3Cbr%3E%3Cbr%3E%3Cstrong%3EUFC%20on%20ESPN%3A%3C%2Fstrong%3E%20Holm%20v%20Aldana%20(October%204%2C%202020)%3Cbr%3E%3Cbr%3E%3Cstrong%3EUFC%20Fight%20Night%3A%3C%2Fstrong%3E%20Moraes%20v%20Sandhagen%20(October%2011%2C%202020)%3Cbr%3E%3Cbr%3E%3Cstrong%3EUFC%20Fight%20Night%3A%3C%2Fstrong%3E%20Ortega%20v%20Korean%20Zombie%20(October%2018%2C%202020)%3Cbr%3E%3Cbr%3E%3Cstrong%3EUFC%20254%3A%20%3C%2Fstrong%3EKhabib%20v%20Gaethje%20(October%2024%2C%202020)%3Cbr%3E%3Cbr%3E%3Cbr%3E%3Cbr%3E%3Cstrong%3EFight%20Island%203%3Cbr%3E%3Cbr%3EUFC%20on%20ABC%3A%3C%2Fstrong%3E%20Holloway%20v%20Kattar%20(January%2016%2C%202021)%3Cbr%3E%3Cbr%3E%3Cstrong%3EUFC%20on%20ESPN%3A%3C%2Fstrong%3E%20Chiesa%20v%20Magny%20(January%2020%2C%202021)%3Cbr%3E%3Cbr%3E%3Cstrong%3EUFC%20257%3A%20%3C%2Fstrong%3EPoirier%20v%20McGregor%202%20(January%2024%2C%202021)%3Cbr%3E%3Cbr%3E%20%3Cbr%3E%3Cbr%3EUFC%20267%3A%20Blachowicz%20v%20Teixeira%20(October%2030%2C%202021)%3Cbr%3E%3Cbr%3EUFC%20280%3A%20Oliveira%20v%20Makhachev%20(October%2022%2C%202022)%3C%2Fp%3E%0A
2025 Fifa Club World Cup groups

Group A: Palmeiras, Porto, Al Ahly, Inter Miami.

Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.

Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.

Group D: Flamengo, ES Tunis, Chelsea, Leon.

Group E: River Plate, Urawa, Monterrey, Inter Milan.

Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.

Group G: Manchester City, Wydad, Al Ain, Juventus.

Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.

Profile

Company: Justmop.com

Date started: December 2015

Founders: Kerem Kuyucu and Cagatay Ozcan

Sector: Technology and home services

Based: Jumeirah Lake Towers, Dubai

Size: 55 employees and 100,000 cleaning requests a month

Funding:  The company’s investors include Collective Spark, Faith Capital Holding, Oak Capital, VentureFriends, and 500 Startups. 

Biog:

Age: 34

Favourite superhero: Batman

Favourite sport: anything extreme

Favourite person: Muhammad Ali 

How to report a beggar

Abu Dhabi – Call 999 or 8002626 (Aman Service)

Dubai – Call 800243

Sharjah – Call 065632222

Ras Al Khaimah - Call 072053372

Ajman – Call 067401616

Umm Al Quwain – Call 999

Fujairah - Call 092051100 or 092224411

The story of Edge

Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, established Edge in 2019.

It brought together 25 state-owned and independent companies specialising in weapons systems, cyber protection and electronic warfare.

Edge has an annual revenue of $5 billion and employs more than 12,000 people.

Some of the companies include Nimr, a maker of armoured vehicles, Caracal, which manufactures guns and ammunitions company, Lahab

 

RESULTS

6pm: Al Maktoum Challenge Round-2 – Group 1 (PA) $55,000 (Dirt) 1,900m
Winner: Rajeh, Antonio Fresu (jockey), Musabah Al Muhairi (trainer)

6.35pm: Oud Metha Stakes – Rated Conditions (TB) $60,000 (D) 1,200m
Winner: Get Back Goldie, William Buick, Doug O’Neill

7.10pm: Jumeirah Classic – Listed (TB) $150,000 (Turf) 1,600m
Winner: Sovereign Prince, James Doyle, Charlie Appleby

7.45pm: Firebreak Stakes – Group 3 (TB) $150,000 (D) 1,600m
Winner: Hypothetical, Mickael Barzalona, Salem bin Ghadayer

8.20pm: Al Maktoum Challenge Round-2 – Group 2 (TB) $350,000 (D) 1,900m
Winner: Hot Rod Charlie, William Buick, Doug O’Neill

8.55pm: Al Bastakiya Trial – Conditions (TB) $60,000 (D) 1,900m
Winner: Withering, Adrie de Vries, Fawzi Nass

9.30pm: Balanchine – Group 2 (TB) $180,000 (T) 1,800m
Winner: Creative Flair, William Buick, Charlie Appleby

Results

2.30pm: Park Avenue – Conditions (PA) Dh80,000 (Dirt) 2,000m; Winner: Rb Seqondtonone, Abdul Aziz Al Balushi (jockey), Helal Al Alawi (trainer)

3.05pm: Al Furjan – Maiden (TB) Dh82,500 (Turf) 1,200m; Winner: Bosphorus, Dane O’Neill, Bhupat Seemar

3.40pm: Mina – Rated Condition (TB) Dh105,000 (D) 1,600m; Winner: Royal Mews, Tadhg O’Shea, Bhupat Seemar

4.15pm: Aliyah – Handicap (TB) Dh87,500 (T) 1,900m; Winner: Ursa Minor, Ray Dawson, Ahmad bin Harmash

4.50pm: Riviera Beach – Rated Conditions (TB) Dh95,000 (D) 2,200m; Winner: Woodditton, Saif Al Balushi, Ahmad bin Harmash

5.25pm: Riviera – Handicap (TB) Dh2,000 (T) 2,000m; Winner: Al Madhar, Antonio Fresu, Musabah Al Muhairi

6pm: Creek Views – Handicap (TB) Dh95,000 (T) 1,400m; Winner: Al Salt, Dane O’Neill, Erwan Charpy

The specs

Engine: 6.2-litre supercharged V8

Power: 712hp at 6,100rpm

Torque: 881Nm at 4,800rpm

Transmission: 8-speed auto

Fuel consumption: 19.6 l/100km

Price: Dh380,000

On sale: now 

Infiniti QX80 specs

Engine: twin-turbocharged 3.5-liter V6

Power: 450hp

Torque: 700Nm

Price: From Dh450,000, Autograph model from Dh510,000

Available: Now

Results

Catchweight 60kg: Mohammed Al Katheeri (UAE) beat Mostafa El Hamy (EGY) TKO round 3

Light Heavyweight: Ibrahim El Sawi (EGY) no contest Kevin Oumar (COM) Unintentional knee by Oumer

Catchweight 73kg:  Yazid Chouchane (ALG) beat Ahmad Al Boussairy (KUW) Unanimous decision

Featherweight: Faris Khaleel Asha (JOR) beat Yousef Al Housani (UAE) TKO in round 2 through foot injury

Welterweight: Omar Hussein (JOR) beat Yassin Najid (MAR); Split decision

Middleweight: Yousri Belgaroui (TUN) beat Sallah Eddine Dekhissi (MAR); Round-1 TKO

Lightweight: Abdullah Mohammed Ali Musalim (UAE) beat Medhat Hussein (EGY); Triangle choke submission

Welterweight: Abdulla Al Bousheiri (KUW) beat Sofiane Oudina (ALG); Triangle choke Round-1

Lightweight: Mohammad Yahya (UAE) beat Saleem Al Bakri (JOR); Unanimous decision

Bantamweight: Ali Taleb (IRQ) beat Nawras Abzakh (JOR); TKO round-2

Catchweight 63kg: Rany Saadeh (PAL) beat Abdel Ali Hariri (MAR); Unanimous decision

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

Landfill in numbers

• Landfill gas is composed of 50 per cent methane

• Methane is 28 times more harmful than Co2 in terms of global warming

• 11 million total tonnes of waste are being generated annually in Abu Dhabi

• 18,000 tonnes per year of hazardous and medical waste is produced in Abu Dhabi emirate per year

• 20,000 litres of cooking oil produced in Abu Dhabi’s cafeterias and restaurants every day is thrown away

• 50 per cent of Abu Dhabi’s waste is from construction and demolition

RESULTS

Tottenham 1

Jan Vertonghen 13'

Norwich 1

Josip Drmic 78'

2-3 on penalties

MATCH INFO

Fixture: Thailand v UAE, Tuesday, 4pm (UAE)

TV: Abu Dhabi Sports

Global Fungi Facts

• Scientists estimate there could be as many as 3 million fungal species globally
• Only about 160,000 have been officially described leaving around 90% undiscovered
• Fungi account for roughly 90% of Earth's unknown biodiversity
• Forest fungi help tackle climate change, absorbing up to 36% of global fossil fuel emissions annually and storing around 5 billion tonnes of carbon in the planet's topsoil

Tips for newlyweds to better manage finances

All couples are unique and have to create a financial blueprint that is most suitable for their relationship, says Vijay Valecha, chief investment officer at Century Financial. He offers his top five tips for couples to better manage their finances.

Discuss your assets and debts: When married, it’s important to understand each other’s personal financial situation. It’s necessary to know upfront what each party brings to the table, as debts and assets affect spending habits and joint loan qualifications. Discussing all aspects of their finances as a couple prevents anyone from being blindsided later.

Decide on the financial/saving goals: Spouses should independently list their top goals and share their lists with one another to shape a joint plan. Writing down clear goals will help them determine how much to save each month, how much to put aside for short-term goals, and how they will reach their long-term financial goals.

Set a budget: A budget can keep the couple be mindful of their income and expenses. With a monthly budget, couples will know exactly how much they can spend in a category each month, how much they have to work with and what spending areas need to be evaluated.

Decide who manages what: When it comes to handling finances, it’s a good idea to decide who manages what. For example, one person might take on the day-to-day bills, while the other tackles long-term investments and retirement plans.

Money date nights: Talking about money should be a healthy, ongoing conversation and couples should not wait for something to go wrong. They should set time aside every month to talk about future financial decisions and see the progress they’ve made together towards accomplishing their goals.

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 Brutalist

Director: Brady Corbet

Stars: Adrien Brody, Felicity Jones, Guy Pearce, Joe Alwyn

Rating: 3.5/5

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Brief scores:

Newcastle United 1

Perez 23'

Wolverhampton Rovers 2

Jota 17', Doherty 90' 4

Red cards: Yedlin 57'

Man of the Match: Diogo Jota (Wolves)

Monster

Directed by: Anthony Mandler

Starring: Kelvin Harrison Jr., John David Washington 

3/5

 

Uefa Nations League: How it works

The Uefa Nations League, introduced last year, has reached its final stage, to be played over five days in northern Portugal. The format of its closing tournament is compact, spread over two semi-finals, with the first, Portugal versus Switzerland in Porto on Wednesday evening, and the second, England against the Netherlands, in Guimaraes, on Thursday.

The winners of each semi will then meet at Porto’s Dragao stadium on Sunday, with the losing semi-finalists contesting a third-place play-off in Guimaraes earlier that day.

Qualifying for the final stage was via League A of the inaugural Nations League, in which the top 12 European countries according to Uefa's co-efficient seeding system were divided into four groups, the teams playing each other twice between September and November. Portugal, who finished above Italy and Poland, successfully bid to host the finals.

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Long read

Mageed Yahia, director of WFP in UAE: Coronavirus knows no borders, and neither should the response

World Cricket League Division 2

In Windhoek, Namibia - Top two teams qualify for the World Cup Qualifier in Zimbabwe, which starts on March 4.

UAE fixtures

Thursday February 8, v Kenya; Friday February 9, v Canada; Sunday February 11, v Nepal; Monday February 12, v Oman; Wednesday February 14, v Namibia; Thursday February 15, final

The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
  • Torque: 760nm
  • On sale: 2026
  • Price: Not announced yet
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Company Profile

Company name: Yeepeey

Started: Soft launch in November, 2020

Founders: Sagar Chandiramani, Jatin Sharma and Monish Chandiramani

Based: Dubai

Industry: E-grocery

Initial investment: $150,000

Future plan: Raise $1.5m and enter Saudi Arabia next year

Updated: April 22, 2024, 12:20 PM