American models Gigi and Bella Hadid have Palestinian heritage through their father. AP
American models Gigi and Bella Hadid have Palestinian heritage through their father. AP
American models Gigi and Bella Hadid have Palestinian heritage through their father. AP
American models Gigi and Bella Hadid have Palestinian heritage through their father. AP

‘Palestine belongs to the Palestinians’: Everything the Hadids have said during Israel-Gaza war


Evelyn Lau
  • English
  • Arabic

Supermodel siblings Bella and Gigi Hadid, who are half-Palestinian, have often expressed pride in their heritage. However, they aren’t the only ones in the family to speak out for Palestine.

Their father, Mohamed, who was born in Nazareth, has long advocated for his homeland. In 2015, he shared a post discussing his family’s history after being expelled from Palestine to Syria. However, since the start of the Israel-Gaza war, he has become more vocal about his support, sharing many posts about what is currently happening in Gaza.

Meanwhile, Yolanda Hadid – Mohamed's ex-wife and mother of Bella, Gigi and Anwar – has also shared solidarity. In June last year, she shared a screenshot from a news story that showed her daughters donating $1 million in support of children and families in Palestine, saying she was a “proud mama”.

She’s also shared videos on her Instagram Stories that show support for the country, including one that made sure not to conflate being “pro-Palestine with being anti-Jewish".

Anwar, 26, the youngest brother, has also been vocal throughout the years, showing solidarity to Palestine through music and film. In 2019, he released the song Progression 101, the music video for which was filmed on the streets of the West Bank. In 2022, he also helped produce a documentary directed by Vin Arfuso titled Walled Off, which explores the controversy surrounding the opening of the Walled Off Hotel and highlights life under military occupation.

The film is also one of the ways that their half-sister Alana, 40, has raised awareness. In addition to posting prolifically on social media, she also joined Watermelon Pictures – a Palestinian-owned film production and distribution company – as creative director in July last year.

“In a way, it [Watermelon Pictures] was born out of what happened on October 7, in that it sparked an idea that had been around for a long time,” Alana said during a panel session at the Amman International Film Festival in July 2024.

She added: "The soft power of western entertainment is important. The reason why Arabs have been looked at as the bad guys is because it's been normalised within western entertainment. This translates into how people can get away with things like what’s happening in Gaza.

“Not only are we trying to change the narrative within entertainment but, subsequently, that power of changing that narrative and normalising that narrative will eventually have a larger impact on the way that people see it, and the way that they come out in protest or vote or stand up to their governments in order to protect people that they feel deserve protection.”

'Palestine belongs to the Palestinians'

Back in February, younger sister, Bella, 28, posted a picture on Instagram showing a watermelon design painted on a hand, with the text "Palestine belongs to the Palestinians" written on the palm. She posted the image alongside a message of support as the conversation around ceasefire, hostage exchange and rebuilding Gaza continues dominating the news.

She captioned the post: "These are deep roots. Roots that no one, ever, can take away. No matter the power, the money or the person.

"Our people – my ancestors – and the Palestinians currently affected by this horror, not only in Gaza, but also in the West Bank, deserve basic human rights. They deserve the freedom to come and go as they please.

"They deserve to remain connected to the land their ancestors have lived on, loved and rooted their families, communities and livelihoods in for hundreds of years. They should not have to live in fear, humiliation or under occupation."

The post came days after US President Donald Trump said he wants the US to "buy and own Gaza".

Bella ended her post by saying: "Palestine will always belong to Palestinians".

This show of solidarity isn't surprising as over the years, the sisters have often spoken out in support of their people.

Bella shows social media support for before war breaks out

Bella has long used social media to shine a light on the plight of Palestinians.

In a post pinned to her Instagram grid, initially shared in August 2021, she posted a photo of someone holding a sign with a quote attributed to her: “It's free Palestine til Palestine is free.”

In the accompanying caption, she writes: “I won’t stop talking about the systematic oppression, pain and humility that Palestinians face on a regular basis. With only love in my heart and an open mind to educate myself and learn more every day.”

She also previously pinned a video explaining the Nakba when, in 1948, hundreds of thousands of Palestinians were forced to leave their homes and hundreds of villages were destroyed.

“Thinking of my father today. Crying tears for him. Thinking of all the Nakba survivors, now refugees. Our elders who are still not allowed to return to their homeland. I’m holding Palestine in my heart today,” she wrote in the post, shared on Nakba Day on May 15, 2022.

Bella has come under fire for her stance on Palestine. But the supermodel seems unfazed, often sharing words of support and images of the Palestinian flag.

Gigi breaks silence after October 7

When the Israel-Gaza war began, both initially remained silent on the subject. However Gigi, 30, who is usually the more reserved of the two when it comes to public statements, was the first to broach it. She shared an infographic with her then-79 million Instagram followers on October 11, 2023.

“My thoughts are with all those affected by this unjustifiable tragedy, and every day innocent lives are taken by this conflict – too many of which are children,” she wrote.

“I have deep empathy and heartbreak for the Palestinian struggle and life under occupation, it’s a responsibility I hold daily. I also feel a responsibility to my Jewish friends to make it clear, as I have before: While I have hopes and dreams for Palestinians, none of them includes the harm of a Jewish person.”

The model went on to explain how she condemns the terrorising of innocent people, Palestinian or Israeli, in her post.

Gigi later shared a follow-up, saying: “There is nothing Jewish about the Israeli government’s treatment of Palestinians. Condemning the Israeli government is not anti-Semitic and supporting Palestinians is not supporting Hamas.”

Gigi’s post prompted a response from the Israeli government.

Reposting her statement, the State of Israel's Instagram account shared: “Have you been sleeping the past week? Or are you just fine turning a blind eye to Jewish babies being butchered in their homes? Your silence has been very clear about where you stand. We see you.”

The post attracted international media attention and, according to reports, led to Gigi and her family receiving death threats.

Bella Hadid with her mother Yolanda and father Mohamed in 2016. Getty Images
Bella Hadid with her mother Yolanda and father Mohamed in 2016. Getty Images

Bella speaks out after family backlash

Bella, who has been vocal over the years, broke her silence on October 27, 2023.

Sharing a video by Palestinian-Canadian singer Nemahsis with her 61 million Instagram followers, she explained how Palestinians have had to live with war throughout their lives.

“Forgive me for my silence. I have yet to find the ideal words for this deeply intricate and horrific past two weeks, weeks that have turned the world's attention back towards a situation that has been taking innocent lives and affecting families for decades,” she wrote.

Explaining the pain she was feeling about the trauma unfolding in Gaza, she added: “I mourn with all the mothers who have lost children and the children who cry alone, all the lost fathers, brothers, sisters, uncles, aunties and friends who will never again walk this earth.”

In a follow-up post, Bella wrote: “This is the most intense bombardment in the history of Gaza. US White House National Security Council dangerously says Israel 'owes no one any justification' and that it will have 'no red lines'. Innocent lives should always be justified in the name of humanity.

“Israel has completely shut off telecommunications and electricity across Gaza. Injured civilians currently can’t call ambulances. Medics are begging reporters to let them know where bombardments are happening, but reporters don’t know either because of the internet outage. The people of Gaza have nowhere to go. Children are dying. Please. #ceasefirenow.”

Bella and Gigi join Artists4Ceasefire movement

Also in October 2023, both sisters joined the Artists4Ceasefire movement, which shared an open letter addressed to then Joe Biden, then the US president, calling for an immediate de-escalation and ceasefire in Gaza.

They joined the likes of Andrew Garfield, Cate Blancett and Jennifer Lopez. At last year's Oscars, a handful of celebrities showed up to the red carpet sporting Artists4Ceasefire pins. To date, references to Gaza at award shows have been noticeably omitted.

Showing support in keffiyeh-style dress

In May 2024, Bella also wore a red-and-white keffiyeh-style patterned sundress at Cannes, showing her support at the film festival.

“Palestine on my mind, in my blood and on my heart. Always … While I still have to go to work, even through this horror, to wear our culture makes me a proud Palestinian & I want the world to continue to see Palestine, wherever we go,” she posted on Instagram.

She added that it was "a beautiful way to represent the history, labour of love, resilience and, most importantly, the art of historic Palestinian embroidery".

Sisters donate $1 million to support Palestinian relief efforts

In June 2024, both Gigi and Bella donated to support those affected by war.

A representative for Bella detailed how the donated would be distributed equally among a selection of aid organisations.

Those organisations were reportedly Heal Palestine, Palestine Children's Relief Fund, World Central Kitchen and UNRWA.

Bella speaks out after adidas campaign backlash

In July 2024, Bella was in the spotlight when a campaign she was part of for adidas was axed after it sparked backlash among Jewish groups online, who linked her vocal support of Palestine to the 1972 Munich massacre.

While she hasn't officially issued any statements about the controversy, a comment she made to GQ in 2022 has resurfaced on social media: "I'm not afraid to lose modelling jobs and I will continue to speak up on Palestine."

With additional reporting by Lindsay Judge

German intelligence warnings
  • 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
  • 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
  • 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250 

Source: Federal Office for the Protection of the Constitution

Red flags
  • Promises of high, fixed or 'guaranteed' returns.
  • Unregulated structured products or complex investments often used to bypass traditional safeguards.
  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching

COMPANY PROFILE
Name: Akeed

Based: Muscat

Launch year: 2018

Number of employees: 40

Sector: Online food delivery

Funding: Raised $3.2m since inception 

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

UAE currency: the story behind the money in your pockets

Like a Fading Shadow

Antonio Muñoz Molina

Translated from the Spanish by Camilo A. Ramirez

Tuskar Rock Press (pp. 310)

Paatal Lok season two

Directors: Avinash Arun, Prosit Roy 

Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong

Rating: 4.5/5

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

APPLE IPAD MINI (A17 PRO)

Display: 21cm Liquid Retina Display, 2266 x 1488, 326ppi, 500 nits

Chip: Apple A17 Pro, 6-core CPU, 5-core GPU, 16-core Neural Engine

Storage: 128/256/512GB

Main camera: 12MP wide, f/1.8, digital zoom up to 5x, Smart HDR 4

Front camera: 12MP ultra-wide, f/2.4, Smart HDR 4, full-HD @ 25/30/60fps

Biometrics: Touch ID, Face ID

Colours: Blue, purple, space grey, starlight

In the box: iPad mini, USB-C cable, 20W USB-C power adapter

Price: From Dh2,099

Results:

5pm: Maiden (PA) Dh80,000 2,200m | Winner: AF Al Montaqem, Bernardo Pinheiro (jockey), Ernst Oertel (trainer)

5.30pm: Maiden (PA) Dh80,000 1,200m | Winner: Daber W’Rsan, Connor Beasley, Jaci Wickham

6pm: Handicap (PA) Dh85,000 1,600m | Winner: Bainoona, Fabrice Veron, Eric Lemartinel

6.30pm: Handicap (PA) Dh80,000 1,600m | Winner: AF Makerah, Antonio Fresu, Ernst Oertel

7pm: Wathba Stallions Cup Handicap (PA) Dh70,000 | Winner: AF Motaghatres, Antonio Fresu, Ernst Oertel

7.30pm: Handicap (TB) Dh90,000 1,600m | Winner: Tafakhor, Ronan Whelan, Ali Rashid Al Raihe

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

UAE currency: the story behind the money in your pockets
Jetour T1 specs

Engine: 2-litre turbocharged

Power: 254hp

Torque: 390Nm

Price: From Dh126,000

Available: Now

Match info

Liverpool 3
Hoedt (10' og), Matip (21'), Salah (45 3')

Southampton 0

The specs

Engine: 2.0-litre four-cylinder turbo

Power: 268hp at 5,600rpm

Torque: 380Nm at 4,800rpm

Transmission: CVT auto

Fuel consumption: 9.5L/100km

On sale: now

Price: from Dh195,000 

The biog

Favourite Quote: “Real victories are those that protect human life, not those that result from its destruction emerge from its ashes,” by The late king Hussain of Jordan.

Favourite Hobby: Writing and cooking

Favourite Book: The Prophet by Gibran Khalil Gibran

How to join and use Abu Dhabi’s public libraries

• There are six libraries in Abu Dhabi emirate run by the Department of Culture and Tourism, including one in Al Ain and Al Dhafra.

• Libraries are free to visit and visitors can consult books, use online resources and study there. Most are open from 8am to 8pm on weekdays, closed on Fridays and have variable hours on Saturdays, except for Qasr Al Watan which is open from 10am to 8pm every day.

• In order to borrow books, visitors must join the service by providing a passport photograph, Emirates ID and a refundable deposit of Dh400. Members can borrow five books for three weeks, all of which are renewable up to two times online.

• If users do not wish to pay the fee, they can still use the library’s electronic resources for free by simply registering on the website. Once registered, a username and password is provided, allowing remote access.

• For more information visit the library network's website.

MATCH INFO

Manchester United v Brighton, Sunday, 6pm UAE

The Lowdown

Kesari

Rating: 2.5/5 stars
Produced by: Dharma Productions, Azure Entertainment
Directed by: Anubhav Singh
Cast: Akshay Kumar, Parineeti Chopra

 

Suggested picnic spots

Abu Dhabi
Umm Al Emarat Park
Yas Gateway Park
Delma Park
Al Bateen beach
Saadiyaat beach
The Corniche
Zayed Sports City
 
Dubai
Kite Beach
Zabeel Park
Al Nahda Pond Park
Mushrif Park
Safa Park
Al Mamzar Beach Park
Al Qudrah Lakes 

Tickets

Tickets for the 2019 Asian Cup are available online, via www.asiancup2019.com

SERIES INFO

Schedule:
All matches at the Harare Sports Club
1st ODI, Wed Apr 10
2nd ODI, Fri Apr 12
3rd ODI, Sun Apr 14
4th ODI, Sun Apr 16

UAE squad
Mohammed Naveed (captain), Rohan Mustafa, Ashfaq Ahmed, Shaiman Anwar, Mohammed Usman, CP Rizwan, Chirag Suri, Mohammed Boota, Ghulam Shabber, Sultan Ahmed, Imran Haider, Amir Hayat, Zahoor Khan, Qadeer Ahmed

Zimbabwe squad
Peter Moor (captain), Solomon Mire, Brian Chari, Regis Chakabva, Sean Williams, Timycen Maruma, Sikandar Raza, Donald Tiripano, Kyle Jarvis, Tendai Chatara, Chris Mpofu, Craig Ervine, Brandon Mavuta, Ainsley Ndlovu, Tony Munyonga, Elton Chigumbura

Major matches on Manic Monday

Andy Murray (GBR) v Benoit Paire (FRA)

Grigor Dimitrov (BGR) v Roger Federer (SUI)

Rafael Nadal (ESP) v Gilles Muller (LUX)

Adrian Mannarino (FRA) Novak Djokovic (SRB)

Globalization and its Discontents Revisited
Joseph E. Stiglitz
W. W. Norton & Company

MATCH INFO

Champions League quarter-final, first leg

Tottenham Hotspur v Manchester City, Tuesday, 11pm (UAE)

Matches can be watched on BeIN Sports

MATCH INFO

Syria v Australia
2018 World Cup qualifying: Asia fourth round play-off first leg
Venue: Hang Jebat Stadium, Malayisa
Kick-off: Thursday, 4.30pm (UAE)
Watch: beIN Sports HD

* Second leg in Australia on October 10

Opening day UAE Premiership fixtures, Friday, September 22:

  • Dubai Sports City Eagles v Dubai Exiles
  • Dubai Hurricanes v Abu Dhabi Saracens
  • Jebel Ali Dragons v Abu Dhabi Harlequins
UAE currency: the story behind the money in your pockets
Biog

Age: 50

Known as the UAE’s strongest man

Favourite dish: “Everything and sea food”

Hobbies: Drawing, basketball and poetry

Favourite car: Any classic car

Favourite superhero: The Hulk original

57%20Seconds
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The%20Specs%20
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ENGLAND SQUAD

Goalkeepers Henderson, Pickford, Pope.

Defenders Alexander-Arnold, Chilwell, Coady, Dier, Gomez, Keane, Maguire, Maitland-Niles, Mings, Saka, Trippier, Walker.

Midfielders Henderson, Mount, Phillips, Rice, Ward-Prowse, Winks.

Forwards Abraham, Barnes, Calvert-Lewin, Grealish, Ings, Kane, Rashford, Sancho, Sterling.

MATCH INFO

Mumbai Indians 186-6 (20 ovs)
Kings XI Punjab 183-5 (20 ovs)

Mumbai Indians won by three runs

In-demand jobs and monthly salaries
  • Technology expert in robotics and automation: Dh20,000 to Dh40,000 
  • Energy engineer: Dh25,000 to Dh30,000 
  • Production engineer: Dh30,000 to Dh40,000 
  • Data-driven supply chain management professional: Dh30,000 to Dh50,000 
  • HR leader: Dh40,000 to Dh60,000 
  • Engineering leader: Dh30,000 to Dh55,000 
  • Project manager: Dh55,000 to Dh65,000 
  • Senior reservoir engineer: Dh40,000 to Dh55,000 
  • Senior drilling engineer: Dh38,000 to Dh46,000 
  • Senior process engineer: Dh28,000 to Dh38,000 
  • Senior maintenance engineer: Dh22,000 to Dh34,000 
  • Field engineer: Dh6,500 to Dh7,500
  • Field supervisor: Dh9,000 to Dh12,000
  • Field operator: Dh5,000 to Dh7,000
South Africa squad

Faf du Plessis (captain), Hashim Amla, Temba Bavuma, Quinton de Kock (wicketkeeper), Theunis de Bruyn, AB de Villiers, Dean Elgar, Heinrich Klaasen (wicketkeeper), Keshav Maharaj, Aiden Markram, Morne Morkel, Wiaan Mulder, Lungi Ngidi, Vernon Philander and Kagiso Rabada.

The specs

Engine: 1.5-litre 4-cyl turbo

Power: 194hp at 5,600rpm

Torque: 275Nm from 2,000-4,000rpm

Transmission: 6-speed auto

Price: from Dh155,000

On sale: now

MATCH INFO

Quarter-finals

Saturday (all times UAE)

England v Australia, 11.15am 
New Zealand v Ireland, 2.15pm

Sunday

Wales v France, 11.15am
Japan v South Africa, 2.15pm

Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

SPECS%3A%20Polestar%203
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3ELong-range%20dual%20motor%20with%20400V%20battery%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E360kW%20%2F%20483bhp%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E840Nm%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3ESingle-speed%20automatic%3Cbr%3E%3Cstrong%3EMax%20touring%20range%3A%3C%2Fstrong%3E%20628km%3Cbr%3E%3Cstrong%3E0-100km%2Fh%3A%3C%2Fstrong%3E%204.7sec%3Cbr%3E%3Cstrong%3ETop%20speed%3A%3C%2Fstrong%3E%20210kph%20%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh360%2C000%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ESeptember%3Cbr%3E%3C%2Fp%3E%0A
COMPANY PROFILE
Company name: BorrowMe (BorrowMe.com)

Date started: August 2021

Founder: Nour Sabri

Based: Dubai, UAE

Sector: E-commerce / Marketplace

Size: Two employees

Funding stage: Seed investment

Initial investment: $200,000

Investors: Amr Manaa (director, PwC Middle East) 

The Buckingham Murders

Starring: Kareena Kapoor Khan, Ash Tandon, Prabhleen Sandhu

Director: Hansal Mehta

Rating: 4 / 5

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%3Cp%3E%3Cstrong%3EDecember%202014%3A%3C%2Fstrong%3E%20%20Former%20UK%20chancellor%20of%20the%20Exchequer%20George%20Osborne%20reforms%20stamp%20duty%20land%20tax%20(SDLT)%2C%20replacing%20the%20slab%20system%20with%20a%20blended%20rate%20scheme%2C%20with%20the%20top%20rate%20increasing%20to%2012%20per%20cent%20from%2010%20per%20cent%3A%3C%2Fp%3E%0A%3Cp%3EUp%20to%20%C2%A3125%2C000%20%E2%80%93%200%25%3B%20%C2%A3125%2C000%20to%20%C2%A3250%2C000%20%E2%80%93%202%25%3B%20%C2%A3250%2C000%20to%20%C2%A3925%2C000%20%E2%80%93%205%25%3B%20%C2%A3925%2C000%20to%20%C2%A31.5m%3A%2010%25%3B%20More%20than%20%C2%A31.5m%20%E2%80%93%2012%25%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EApril%202016%3A%3C%2Fstrong%3E%20New%203%25%20surcharge%20applied%20to%20any%20buy-to-let%20properties%20or%20additional%20homes%20purchased.%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EJuly%202020%3A%3C%2Fstrong%3E%20Chancellor%20Rishi%20Sunak%20unveils%20SDLT%20holiday%2C%20with%20no%20tax%20to%20pay%20on%20the%20first%20%C2%A3500%2C000%2C%20with%20buyers%20saving%20up%20to%20%C2%A315%2C000.%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMarch%202021%3A%3C%2Fstrong%3E%20Mr%20Sunak%20extends%20the%20SDLT%20holiday%20at%20his%20March%203%20budget%20until%20the%20end%20of%20June.%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EApril%202021%3A%3C%2Fstrong%3E%202%25%20SDLT%20surcharge%20added%20to%20property%20transactions%20made%20by%20overseas%20buyers.%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EJune%202021%3A%3C%2Fstrong%3E%20SDLT%20holiday%20on%20transactions%20up%20to%20%C2%A3500%2C000%20expires%20on%20June%2030.%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EJuly%202021%3A%3C%2Fstrong%3E%20Tax%20break%20on%20transactions%20between%20%C2%A3125%2C000%20to%20%C2%A3250%2C000%20starts%20on%20July%201%20and%20runs%20until%20September%2030.%3C%2Fp%3E%0A
Lexus LX700h specs

Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

On sale: Now

Price: From Dh590,000

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.”

Abu Dhabi racecard

5pm: Maiden (Purebred Arabians); Dh80,000; 1,400m.
5.30pm: Maiden (PA); Dh80,00; 1,400m.
6pm: Sheikh Zayed bin Sultan Al Nahyan National Day Cup (PA); Group 3; Dh500,000; 1,600m.
6.30pm: Sheikh Zayed bin Sultan Al Nahyan National Day Cup (Thoroughbred); Listed; Dh380,000; 1,600m
7pm: Wathba Stallions Cup for Private Owners Handicap (PA); Dh70,000; 1,400m.
7.30pm: Handicap (PA); Dh80,000; 1,600m

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UAE Rugby finals day

Games being played at The Sevens, Dubai

2pm, UAE Conference final

Dubai Tigers v Al Ain Amblers

4pm, UAE Premiership final

Abu Dhabi Harlequins v Jebel Ali Dragons

MATCH INFO

Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid

When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid

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Updated: July 30, 2025, 11:33 AM