There are still few enough novels set in the UAE that each new one seems to intrinsically merit at least a Saturday afternoon's worth of attention. The most recent, David Williams's partially Dubai-based debut Desert England, features an introduction by the British comedian Eddy Brimson. Publishers around the world, Brimson writes, have "had their eyes opened to a whole new market, a whole movement if you like". And who might comprise this market/movement? Why, football fans! Book-hungry football fans looking for stories "relating to football fans and in particular football hooliganism".
"Oh how times and football have changed!" Brimson hurrahs. Apparently this book boom "would have been unthinkable in the late Eighties to mid-Nineties when the game's supporters were seen by society as being the scum of the earth." Desert England does little to dispel the stereotype. It opens with a shiver coursing down a young woman's spine. "She sensed," narrates Williams, "that something was not right." Enter "hundreds of rampaging men with fists and feet flaying in all directions and at anything that stood in their way." Football hooligans!
We quickly meet John Milton. "Detective Inspector John Milton, that is. Head of the English anti-soccer hooliganism task force." (Why Williams uses "soccer" here and nowhere else is a mystery.) Milton doesn't care much for football, but he hates, hates British football hooligans. To his mind they're pillagers, murderers, war criminals; what's more, they're killing England's chances for hosting the 2006 World Cup. Billions of pounds are at stake.
Milton knows this is the case of his career. After all, he thinks to himself, hooliganism "had become the biggest ongoing news story since the Gulf War". But he's not making any progress, a riot-cum-massacre breaks out at every England away game, his bosses are getting angry, his wife is fed up with his long hours and he can't stop entertaining crazy theories. "He knew that football violence was orchestrated, organised, but could it be that there was some group, some force of trained men pulling the strings? Surely not." Oh, surely.
The investigation seems to have dead-ended when the trusty Sergeant Waite bursts into Milton's office. "Sir," he pants, "you are not going to believe this. We have turned over a whole new leaf in this saga and it is going to give you a hell of a shock." A suspect credit card belonging to one Carson Jacks has been traced to ... Dubai! "Where is Dubai anyway?" wonders Milton. "Saudi Arabia? Don't they cut your hand off for picking your nose over there?"
Off he jets. Arriving at 1am, he declares Dubai "hot, very hot. Bloody hot!" He acquires an Indian driver, Gopal, whom he interrogates about "the fact that you wobble your head every time you speak". ("Oh, sir, it is Indian tradition."). He visits the Burj Al Arab, books a room at the Pheasant Hotel and gets to work, pausing only to read Gulf News and ruminate on multiculturalism. "When in Arabia, do as the Arabs do," he quickly decides. "Despite Britain deciding it would bend over backwards to allow people to do whatever they wanted, there was no reason other cultures should."
Eventually, Milton infiltrates a gang of British expats paid and trained to incite riots at England away games. "The plot thickens," he thinks to himself (really, he does). The men profess to be motivated by love of England and hatred of the greedy non-English. By inciting riots, these Desert Englanders hope to stop the World Cup - and, by association, world culture, international visitors, asylum seekers and the like - from visiting their beloved homeland. "Football is our battlefield, John," explains the mysterious Carson Jacks. "We are proud Englishmen and we need to get our buzz from what we are trained in."
Milton gets to know and enjoy Dubai, and even gets attached to some of his fellow hard-partying hyper-hooligans, especially after he learns their sad backstories (let down by England, the army, and so on). And, of course, the plot twists a few more times before Milton's trap is sprung. Along the way, Sergeant Waite spots Jacks chatting amiably with the German politician Hans Schmidt. "What the hell would Jacks be doing at the Home Office in Germany?" he wonders. Surely not ...
Williams lived in Dubai for three years, working first as the sport editor of Gulf Today and then in media relations. "It was the time of my life," he said. "I really enjoyed the whole expat lifestyle and experience." He currently lives in Jordan, where he is an adviser to King Abdullah's brother, the head of sport in the country. I reached him by phone at the Beijing Olympics. "I took the title from a newspaper article," he explained. "The writer - there were lots of UK travel writers being brought out to Dubai back then - described Dubai as 'England in a desert'. I always liked the phrase, because every time I was in a bar it was full of westerners. You see more English people in a pub in Dubai than you do in London."
Williams has already written a follow-up: "a basically more lighthearted book that looks at a group of guys growing up in a rural community." But he's nervous about disappointing his new-found fans, who have been writing in asking about what's next for John Milton. The plot thickens.
@email:pbaker@thenational.ae
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.”
Profile of MoneyFellows
Founder: Ahmed Wadi
Launched: 2016
Employees: 76
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SCORES IN BRIEF
Lahore Qalandars 186 for 4 in 19.4 overs
(Sohail 100,Phil Salt 37 not out, Bilal Irshad 30, Josh Poysden 2-26)
bt Yorkshire Vikings 184 for 5 in 20 overs
(Jonathan Tattersall 36, Harry Brook 37, Gary Ballance 33, Adam Lyth 32, Shaheen Afridi 2-36).
Company profile
Company name: Dharma
Date started: 2018
Founders: Charaf El Mansouri, Nisma Benani, Leah Howe
Based: Abu Dhabi
Sector: TravelTech
Funding stage: Pre-series A
Investors: Convivialite Ventures, BY Partners, Shorooq Partners, L& Ventures, Flat6Labs
TO A LAND UNKNOWN
Director: Mahdi Fleifel
Starring: Mahmoud Bakri, Aram Sabbah, Mohammad Alsurafa
Rating: 4.5/5
The specs
AT4 Ultimate, as tested
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Which honey takes your fancy?
Al Ghaf Honey
The Al Ghaf tree is a local desert tree which bears the harsh summers with drought and high temperatures. From the rich flowers, bees that pollinate this tree can produce delicious red colour honey in June and July each year
Sidr Honey
The Sidr tree is an evergreen tree with long and strong forked branches. The blossom from this tree is called Yabyab, which provides rich food for bees to produce honey in October and November. This honey is the most expensive, but tastiest
Samar Honey
The Samar tree trunk, leaves and blossom contains Barm which is the secret of healing. You can enjoy the best types of honey from this tree every year in May and June. It is an historical witness to the life of the Emirati nation which represents the harsh desert and mountain environments