'Impostures by Al-Hariri', translated by Michael Cooperson; 'Arabic Poetics: Aesthetic Experience in Classical Arabic Literature' by Lara Harb; 'Asr Elmany' (A Secular Age) by Charles Taylor, translated by Naoufel Haj Ltaief. Courtesy Library of Arabic Literature, Cambridge University Press, Jadawel Publishing
'Impostures by Al-Hariri', translated by Michael Cooperson; 'Arabic Poetics: Aesthetic Experience in Classical Arabic Literature' by Lara Harb; 'Asr Elmany' (A Secular Age) by Charles Taylor, translated by Naoufel Haj Ltaief. Courtesy Library of Arabic Literature, Cambridge University Press, Jadawel Publishing
'Impostures by Al-Hariri', translated by Michael Cooperson; 'Arabic Poetics: Aesthetic Experience in Classical Arabic Literature' by Lara Harb; 'Asr Elmany' (A Secular Age) by Charles Taylor, translated by Naoufel Haj Ltaief. Courtesy Library of Arabic Literature, Cambridge University Press, Jadawel Publishing
'Impostures by Al-Hariri', translated by Michael Cooperson; 'Arabic Poetics: Aesthetic Experience in Classical Arabic Literature' by Lara Harb; 'Asr Elmany' (A Secular Age) by Charles Taylor, translat

Sheikh Zayed Book Award 2021: shortlists for Arab culture books and translations revealed


Razmig Bedirian
  • English
  • Arabic

Three English works and one French book make up the titles shortlisted for the Sheikh Zayed Award for the Arab Culture in Other Languages category, it was announced on Sunday.

The works, selected from more than 100 submissions, examine the aesthetics of classical Arabic literature, the art of Arabic oration, as well as the history of Islamic civilisation.

The awarding body also announced the shortlist of its Translation category. The shortlist features an English translation of Al-Hariri's Maqamat, a 12th-century Arabic masterpiece, an Arabic version of Charles Taylor's A Secular Age, as well as an Arabic translation of John Freely's Light from the East.

The Publishing and Technology shortlist, meanwhile, includes the Bibliotheca Alexandrina from Egypt, Dar Al Jadeed from Lebanon and Switzerland’s Unionsverlag.

The award aims to honour the outstanding innovators from the literary and cultural sectors. The 15th iteration of Sheikh Zayed Book Award’s Publishing and Technology category saw an increase of 82 per cent in the number of submissions compared to the previous year, with a total of 71 submissions, while the Arab Culture in Other Languages category saw a 41 per cent increase.

The winners will be announced during a virtual ceremony in May, during which the recipient of the Cultural Personality of the Year accolade will accept a gold medal and a certificate of merit, as well as a prize of Dh1 million.

Winners of other categories will receive a gold medal, a certificate of merit and Dh750,000 each.

Arab Culture in Other Languages category

'Arabic Poetics: Aesthetic Experience in Classical Arabic Literature' by Lara Harb. Courtesy Cambridge University Press
'Arabic Poetics: Aesthetic Experience in Classical Arabic Literature' by Lara Harb. Courtesy Cambridge University Press

In Arabic Poetics: Aesthetic Experience in Classical Arabic Literature, Lara Harb shows how evoking wonder in the reader was a key intention in medieval Muslim literature.

The aesthetic sensibility, the book’s blurb points out, was first articulated at the turn of the 11th century and “represented a major paradigm shift from earlier Arabic criticism, which based its judgement on criteria of truthfulness and naturalness”.

The 2020 work, published by the Cambridge University Press, charts the development of key literary tropes, as well as rhetorical figures and sentence structure, to unravel how literary works were able to produce an experience of discovery and wonder.

'Arabic Oration: Art and Function' by Tahera Qutbuddin. Courtesy Brill
'Arabic Oration: Art and Function' by Tahera Qutbuddin. Courtesy Brill

With illustrative texts and original translations, Tahera Qutbuddin's Arabic Oration: Art and Function explores how religion, politics and aesthetics consolidated the foundations of the art of Arabic oration in the early Islamic world.

The work, published by Brill in 2019, contains speeches and sermons from the seventh century onwards, attributed to the Prophet Mohammad, Ali, political and military leaders, as well as several prominent women. She examines the various structures, styles and themes in early oral works, studying orator-audience authority dynamics.

'The Republic of Arabic Letters: Islam and the European Enlightenment' by Alexander Bevilacqua. Courtesy Harvard University Press
'The Republic of Arabic Letters: Islam and the European Enlightenment' by Alexander Bevilacqua. Courtesy Harvard University Press

The Republic of Arabic Letters: Islam and the European Enlightenment by Alexander Bevilacqua explores how a group of Christian scholars laid the foundations for the modern Western understanding of Islamic civilisation.

The book details how this pioneering community was behind the first accurate translation of the Quran into a European language, as well as translations of several works on Islamic arts and sciences.

The 2018 work, published by the Harvard University Press, draws on multilingual sources to show the lengths the scholars went through to acquire, study, and understand Arabic manuscripts.

'L'Empire Islamique: VIIe - XIe siècle' (The Islamic Empire: 7th - 11th Century) by Gabriel Martinez-Gros. Courtesy Passés Composés
'L'Empire Islamique: VIIe - XIe siècle' (The Islamic Empire: 7th - 11th Century) by Gabriel Martinez-Gros. Courtesy Passés Composés

The Islamic Empire: 7th - 11th Century by Gabriel Martinez-Gros unpacks the history of the first five centuries of Islam, spanning from the death of Prophet Mohammed in 632 through to the rise and fall of the Abbasid, Umayyad and Almohad dynasties.

The French book draws upon the voices of medieval Arab historians, including Ibn Khaldun and Ibn al-Athir.

Published by Passes Composes in 2019, the work is as much an exploration of the history of Islam as it is a reflection of imperial dynamics and on the process of writing history.

Translation

Originally written by the Arab poet Al-Hariri of Basra in the 12th century, Maqamat was a work that is known to be notoriously challenging to translate to other languages because of the way it incorporates a medley of linguistic styles, rhymed narratives and idiomatic language.

The work follows the shady adventures of Abu Zayd around the medieval Middle East, taking readers on a wild ride as he impersonates a preacher, pretends to be blind and lies to a judge.

'Impostures' by Al-Hariri; translated by Michael Cooperson. Courtesy Library of Arabic Literature
'Impostures' by Al-Hariri; translated by Michael Cooperson. Courtesy Library of Arabic Literature

Just as Al-Hariri made use of the disparate styles and idioms of the Arabic language of his time to tell al Saruji's story, Michael Cooperson adopts a buoyant approach to the English language in his translation Impostures.

In this dizzying modern retelling of the masterpiece, he adopts the disparate literary styles of authors such as Geoffrey Chaucer, Mark Twain and Virginia Woolf, as well as global varieties of English including Cockney rhyming slang, Nigerian English and Singaporean English.

'Asr Elmany' (A Secular Age) by Charles Taylor, translated by Naoufel Haj Ltaief. Courtesy Jadawel Publishing
'Asr Elmany' (A Secular Age) by Charles Taylor, translated by Naoufel Haj Ltaief. Courtesy Jadawel Publishing

Naoufel Haj Ltaief's Arabic translation of Charles Taylor's A Secular Age has also made this year's Sheikh Zayed Book Award shortlist.

The original work, published in 2007, traces the development of secularism in Western society.

In the work, Taylor argues against the notion that secularity in society is caused by the rise of science and reason, saying the view was far too reductive, instead offering an in-depth look at how secularism is a development within Western Christianity, stemming from the increasingly human-centric versions of religion that arose from the Reformation.

'Light from the East: How the Science of Medieval Islam Helped to Shape the Western World' by John Freely, translated by Ahmed Fouad Basha. Courtesy National Center For Translation
'Light from the East: How the Science of Medieval Islam Helped to Shape the Western World' by John Freely, translated by Ahmed Fouad Basha. Courtesy National Center For Translation

Ahmed Fouad Basha's Arabic translation of John Freely's Light from the East: How the Science of Medieval Islam Helped to Shape the Western World is also in the running for the Sheikh Zayed Book Award for translation.

The work looks at how, as the Western world was ensconced in its Dark Ages, the Arab world was in the peak of its Golden Age, making strides in the fields of knowledge, invention and creativity.

Light from the East tells how Islamic science – beginning with the translation of Greek manuscripts into Arabic in 8th century Baghdad – preserved knowledge acquired from Greece, Mesopotamia, India and China, influenced western thinkers such as Thomas Aquinas and Copernicus and helped to inspire the cultural phenomenon of the Renaissance.

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

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AI traffic lights to ease congestion at seven points to Sheikh Zayed bin Sultan Street

The seven points are:

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Dhafeer Street

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Umm Yifina Street exit (inbound)

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.”

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  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
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Company profile: buybackbazaar.com

Name: buybackbazaar.com

Started: January 2018

Founder(s): Pishu Ganglani and Ricky Husaini

Based: Dubai

Sector: FinTech, micro finance

Initial investment: $1 million

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

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Director: Venkat Prabhu
Rating: 2/5
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COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Alaan%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202021%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Parthi%20Duraisamy%20and%20Karun%20Kurien%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20FinTech%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20%247%20million%20raised%20in%20total%20%E2%80%94%20%242.5%20million%20in%20a%20seed%20round%20and%20%244.5%20million%20in%20a%20pre-series%20A%20round%3Cbr%3E%3Cbr%3E%3C%2Fp%3E%0A