Yallah, join The National’s Saeed Saeed as he takes a weekly deep dive into the cultural gems and quirks of the Arab world and its diaspora ...
It is one of the most malleable words in the Arabic language.
From the streets to the boardroom, used in jest and in the middle of anguished exchanges, ya’ni is fit for all occasions.
But what does it actually mean?
Well, the answer is right in front of you: it literally translates to “mean”.
Ya’ni, do you know what I mean?
Bear with me.
Somehow, over the years, ya’ni transcended its function to become a chameleon. Not only is it now a word with a multitude of meanings, but it has become its very own adjective to describe an emotional state.
So, let’s break it down: here are four ways ya’ni can be used in conversation.
1. As the Arabic version of ‘um’
This is the main reason it peppers so many Arabic conversations. Ya’ni is a crutch used to buy you a few seconds to consider, ya’ni, what you are really trying to say. For many people, particularly fast talkers like me, ya’ni is a subconscious part of our speech.
Like the verbal equivalent of the colour beige, it’s everywhere, but we don’t notice it.
2. As an elaborator
This is when the word enters the boardroom.
When used as an elaborator, ya'ni is the Arabic equivalent of "for example" (or meaning). Chief executives appreciate this use of ya'ni because it helps them cut to the chase and get to the heart of the matter.
If someone is being long-winded, a pointed ya’ni at them will remind them to get to the point.
3. With other Arabic words
Ya’ni can also get you teary eyed with the help of a few more Arabic letters.
Because it translates to "mean", the word can be spun off to be used in passionate exchanges.
For example: ya’neely stands for “means to me”, while ya’neek means “interest you”, as in “how does this interest you?”
Spoken with venom, the latter can also be a cutting remark.
4. As its own mood
On an emotional scale of one (you hate your life) to 10 (OMG, this is awesome!) are you a solid five? Then congratulations, your mood is ya’ni.
Not only that, ya’ni can be handy in surmising many unfulfilling states of mind, feelings or reactions. When your partner asks how your day was? Instead of saying “meh, it’s hump day”, just say ya’ni.
If a movie is only half decent, it is ya’ni. If a pizza is average, it is ya’ni.
A bland piano composition by Yanni is definitely ya’ni.
Put this all together, and you can see that ya’ni can be used as the Arabic version of “meh”.
Why Ya’ni is your friend
And there you have it: from helping you to get your point across or be in touch with your feelings to offering a way to express a deep pit of ambivalence, ya’ni is at your service and will never let you down.
'Shakuntala Devi'
Starring: Vidya Balan, Sanya Malhotra
Director: Anu Menon
Rating: Three out of five stars
COMPANY%20PROFILE
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MATCH INFO
Uefa Champions League final:
Who: Real Madrid v Liverpool
Where: NSC Olimpiyskiy Stadium, Kiev, Ukraine
When: Saturday, May 26, 10.45pm (UAE)
TV: Match on BeIN Sports
Like a Fading Shadow
Antonio Muñoz Molina
Translated from the Spanish by Camilo A. Ramirez
Tuskar Rock Press (pp. 310)
COMPANY PROFILE
Name: Akeed
Based: Muscat
Launch year: 2018
Number of employees: 40
Sector: Online food delivery
Funding: Raised $3.2m since inception
Global state-owned investor ranking by size
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UAE
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Japan
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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.”
Company profile
Date started: 2015
Founder: John Tsioris and Ioanna Angelidaki
Based: Dubai
Sector: Online grocery delivery
Staff: 200
Funding: Undisclosed, but investors include the Jabbar Internet Group and Venture Friends
ANDROID%20VERSION%20NAMES%2C%20IN%20ORDER
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Electric scooters: some rules to remember
- Riders must be 14-years-old or over
- Wear a protective helmet
- Park the electric scooter in designated parking lots (if any)
- Do not leave electric scooter in locations that obstruct traffic or pedestrians
- Solo riders only, no passengers allowed
- Do not drive outside designated lanes
The specs: 2017 Lotus Evora Sport 410
Price, base / as tested Dh395,000 / Dh420,000
Engine 3.5L V6
Transmission Six-speed manual
Power 410hp @ 7,000rpm
Torque 420Nm @ 3,500rpm
Fuel economy, combined 9.7L / 100km
Hot%20Seat
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