Cherie Blair, the wife of Middle East envoy and former British premier Tony, is a power in her own right. A high-flying lawyer, she is now dedicating more time to her foundation, which helps women in the region achieve their potential. Helena Frith Powell talks to her.
Last month, Cherie Blair fulfilled a promise she had made to a group of women in Palestine two years earlier. "I went to the region after my husband became Middle East envoy in 2007 and I was invited to address a conference held by the Palestinian Business Women's Forum," the wife of Tony Blair, the former British prime minister says in a telephone interview from London. "They were such a remarkable group of women and I asked them how I could help. They said they wanted a centre where women could train and be mentored and not feel alone."
Through the Cherie Blair Foundation, set up in September 2008 to offer women better access to business development support, networks and finance in parts of the world where they lack equal opportunities, Blair will support a new centre in Ramallah to the tune of US$400,000 (Dh1.47 million) along with her partner in the project, Business Women Forum-Palestine.
"It was a very moving moment," she says.
At the same time Blair launched an educational project in Western Galilee along with the Western Galilee College. "Western Galilee is a part of Israel where 70 per cent of the population is Arab, but there are only seven per cent Arab women in the labour market," she explains. "Likewise only 30 per cent of women from the Jewish community are in the labour market. My foundation will create 22 Cherie Blair fellows, 11 from each community, and support them for three years on a higher education programme which provides tutoring, workplace training and business development opportunities."
Blair has been working on setting up the foundation since she and her family left Downing Street in 2007. "I have always been passionate about women's issues," she says. "I was brought up by strong women myself and then spent 10 years as prime minister's wife going around the world meeting some incredible women. I wanted to do something where my experience would be useful, where I could make a difference and not duplicate what is already being done. There is nothing more helpful to women than networks and I can help to create those. I am not saying I will come to the Middle East, for example, and say I know all the answers; the people on the ground know the answers better than me, but I can identify the local partners and create something with them."
The foundation is examining several more projects in the region. It is trying to set up a centre similar to the one in Ramallah in Beirut and also in Nablus. Here in Abu Dhabi it is looking at a project with the Khalifa Fund. It will probably be a business development centre and, as with all the projects the fund gets involved with, it will target women.
"Women entrepreneurs face barriers," says Blair. "But this is not confined to the Arab world. There is no country in the world where women have equal opportunities. And I refuse to accept that it is a natural state of affairs that they are not represented in the business world."
One of Blair's aims with the business support centres is to ensure that women who are educated have the necessary skills to get jobs. "There is nothing crueller than educating girls and then saying there are no jobs. These centres will help them get internships, set up their own businesses and join already established companies."
She may be most famous for being the wife of Britain's prime minister, but this is a woman who has had an impressive career of her own. In her professional life she is a top barrister and goes by the name of Cherie Booth QC; the initials stand for Queen's Counsel, a title that denotes her special status as one of the lawyers appointed to be "Her Majesty's Counsel learned in the law". She is also a part-time judge and a founding member of the Matrix Chambers in London that specialises in human rights law. On top of this high-flying legal career and her role as the prime minister's wife for 10 years, she has four children, the youngest of whom, Leo, is only nine. How does she do it?
"Ugh," she sighs. "When people ask me this they hope that I have some magic formula. I don't. Please don't take me as a role model. As every other working mother does, I spend a lot of time worrying that I'm not good enough at either role. I think we should be more confident in ourselves and not worry so much.
"I had the support of my mother, who was abandoned by my father when I was eight years old. She went out to work to give me the education she didn't have. The fact that she went out to work and did that made me understand that she was a fantastic mother. I live in the hope that my children will cut me some slack as well."
The one sector that has never cut Cherie Blair any slack is the British press. She has been more or less demonised by the press from the moment she opened the door of the Blairs' house in Islington, north London, wearing her nightdress the morning after Labour's general election victory. They have called her everything from Cruella de Vil to Lady Macbeth on a good day.
Has the negative press affected her?
"I'm only human," she says. "It would be difficult to be completely unaffected by it. But Tony always used to say that complaining about the British press is like complaining about the British weather - it's just part of life. We took the decision when he became prime minister that I would never give interviews. We felt it was very important that it was Tony's voice that was heard, and that worked up to a point, but then they became obsessed with what I was wearing. I'm not saying I don't care what I wear, but it's not necessarily at the heart of my daily obsession."
The Blairs were in Downing Street for 10 years. Cherie Blair says that what she misses most from those days are the people they used to work with. "I was speaking to the switchboard earlier today and I remembered what a fantastic team we had there who really became part of our extended family. But I am a great believer in never looking back and I think it is important to be able to concentrate on things I am passionate about and not be totally focused on, for example, British charities, as I was as the wife of the prime minister."
The most memorable thing from that time was the people she met. "Not just the famous ones like Nelson Mandela, but the people you don't hear about who are doing fantastic work, like the women of Rwanda who saw their children killed in front of their eyes and are taking in orphans and being mothers to them. We complain about our lot, but the women of Africa are an inspiration."
And what was the most surprising thing about being the prime minister's wife?
"My husband would say the most surprising thing is that I managed to be as diplomatic as I was," she laughs. "I'm not sure I always succeeded, but I tried."
Blair says that as far as her four children go, she has tried to instil in them the importance of giving back and working hard. "I think if a job is worth doing, it's worth doing well," she says. "And I also try to get them to understand that nothing in life is worth having that you don't have to work for. But beyond that, it is also about giving back."
She also says that she enjoys being able to do things that she was not able to do as the PM's wife. For example working on a Channel 4 documentary, making a home of her own and handling legal cases that could have been difficult to take on in her previous position.
She offers no advice for other premiers' wives, such as the US first lady. "I think Michelle Obama is doing a fantastic job and she certainly doesn't need any advice from me. She probably hopes she doesn't make the same mistakes I did."
What does she think was her biggest mistake?
She laughs. "I probably shouldn't have opened the door in my nightie."
? Born September 23, 1954, in Bury, northern England.
? Brought up by her mother and paternal grandmother after her father (the actor Tony Booth) abandoned her mother when Cherie was eight.
? Becomes a member of the Labour Party at 16.
? Becomes the first person in her family to go to university and studies law at the London School of Economics. Graduates with first-class honours.
? Meets Tony Blair in 1976 while studying to become a barrister.
? Marries Tony Blair in 1980; they have four children.
? Becomes Queen's Counsel in 1995.
? Publishes her memoir Speaking For Myself in May 2008. The book becomes a Sunday Times bestseller.
? Launches the Cherie Blair Foundation for Women in September 2008.
www.cherieblairfoundation.org
BMW M5 specs
Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor
Power: 727hp
Torque: 1,000Nm
Transmission: 8-speed auto
Fuel consumption: 10.6L/100km
On sale: Now
Price: From Dh650,000
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- 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
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 Settlers
Director: Louis Theroux
Starring: Daniella Weiss, Ari Abramowitz
Rating: 5/5
Jiu-jitsu calendar of events for 2017-2018:
August 5:
Round-1 of the President’s Cup in Al Ain.
August 11-13:
Asian Championship in Vietnam.
September 8-9:
Ajman International.
September 16-17
Asian Indoor and Martial Arts Games, Ashgabat.
September 22-24:
IJJF Balkan Junior Open, Montenegro.
September 23-24:
Grand Slam Los Angeles.
September 29:
Round-1 Mother of The Nation Cup.
October 13-14:
Al Ain U18 International.
September 20-21:
Al Ain International.
November 3:
Round-2 Mother of The National Cup.
November 4:
Round-2 President’s Cup.
November 10-12:
Grand Slam Rio de Janeiro.
November 24-26:
World Championship, Columbia.
November 30:
World Beach Championship, Columbia.
December 8-9:
Dubai International.
December 23:
Round-3 President’s Cup, Sharjah.
January 12-13:
Grand Slam Abu Dhabi.
January 26-27:
Fujairah International.
February 3:
Round-4 President’s Cup, Al Dhafra.
February 16-17:
Ras Al Khaimah International.
February 23-24:
The Challenge Championship.
March 10-11:
Grand Slam London.
March 16:
Final Round – Mother of The Nation.
March 17:
Final Round – President’s Cup.
The National's picks
4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young
Our legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
What's in the deal?
Agreement aims to boost trade by £25.5bn a year in the long run, compared with a total of £42.6bn in 2024
India will slash levies on medical devices, machinery, cosmetics, soft drinks and lamb.
India will also cut automotive tariffs to 10% under a quota from over 100% currently.
Indian employees in the UK will receive three years exemption from social security payments
India expects 99% of exports to benefit from zero duty, raising opportunities for textiles, marine products, footwear and jewellery
The Lost Letters of William Woolf
Helen Cullen, Graydon House
UK-EU trade at a glance
EU fishing vessels guaranteed access to UK waters for 12 years
Co-operation on security initiatives and procurement of defence products
Youth experience scheme to work, study or volunteer in UK and EU countries
Smoother border management with use of e-gates
Cutting red tape on import and export of food
Killing of Qassem Suleimani
SHAITTAN
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Schedule
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How to help
Call the hotline on 0502955999 or send "thenational" to the following numbers:
2289 - Dh10
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6025 - Dh20
6027 - Dh100
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Baby Driver
Director: Edgar Wright
Starring: Ansel Elgort, Kevin Spacey, Jamie Foxx, Lily James
Three and a half stars
Essentials
The flights
Etihad (etihad.ae) and flydubai (flydubai.com) fly direct to Baku three times a week from Dh1,250 return, including taxes.
The stay
A seven-night “Fundamental Detox” programme at the Chenot Palace (chenotpalace.com/en) costs from €3,000 (Dh13,197) per person, including taxes, accommodation, 3 medical consultations, 2 nutritional consultations, a detox diet, a body composition analysis, a bio-energetic check-up, four Chenot bio-energetic treatments, six Chenot energetic massages, six hydro-aromatherapy treatments, six phyto-mud treatments, six hydro-jet treatments and access to the gym, indoor pool, sauna and steam room. Additional tests and treatments cost extra.
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TOURNAMENT INFO
Women’s World Twenty20 Qualifier
Jul 3- 14, in the Netherlands
The top two teams will qualify to play at the World T20 in the West Indies in November
UAE squad
Humaira Tasneem (captain), Chamani Seneviratne, Subha Srinivasan, Neha Sharma, Kavisha Kumari, Judit Cleetus, Chaya Mughal, Roopa Nagraj, Heena Hotchandani, Namita D’Souza, Ishani Senevirathne, Esha Oza, Nisha Ali, Udeni Kuruppuarachchi
Killing of Qassem Suleimani
Result
2.15pm: Maiden Dh75,000 1,950m; Winner: Majestic Thunder, Tadhg O’Shea (jockey), Satish Seemar (trainer).
2.45pm: Handicap Dh80,000 1,800m; Winner: Tailor’s Row, Royston Ffrench, Salem bin Ghadayer.
3.15pm: Handicap Dh85,000 1,600m; Winner: Native Appeal, Adam McLean, Doug Watson.
3.45pm: Handicap Dh115,000 1,950m; Winner: Conclusion, Antonio Fresu, Musabah Al Muhairi.
4.15pm: Handicap Dh100,000 1,400m; Winner: Pilgrim’s Treasure, Tadhg O’Shea, Satish Seemar.
4.45pm: Maiden Dh75,000 1,400m; Winner: Sanad Libya, Richard Mullen, Satish Seemar.
5.15pm: Handicap Dh90,000 1,000m; Winner: Midlander, Richard Mullen, Satish Seemar
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Zayed Sustainability Prize
The five pillars of Islam
MISSION: IMPOSSIBLE – FINAL RECKONING
Director: Christopher McQuarrie
Starring: Tom Cruise, Hayley Atwell, Simon Pegg
Rating: 4/5
The years Ramadan fell in May
COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
Ms Yang's top tips for parents new to the UAE
- Join parent networks
- Look beyond school fees
- Keep an open mind
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The biog
Favourite hobby: taking his rescue dog, Sally, for long walks.
Favourite book: anything by Stephen King, although he said the films rarely match the quality of the books
Favourite film: The Shawshank Redemption stands out as his favourite movie, a classic King novella
Favourite music: “I have a wide and varied music taste, so it would be unfair to pick a single song from blues to rock as a favourite"
The biog
Hometown: Cairo
Age: 37
Favourite TV series: The Handmaid’s Tale, Black Mirror
Favourite anime series: Death Note, One Piece and Hellsing
Favourite book: Designing Brand Identity, Fifth Edition
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Miss Granny
Director: Joyce Bernal
Starring: Sarah Geronimo, James Reid, Xian Lim, Nova Villa
3/5
(Tagalog with Eng/Ar subtitles)
The years Ramadan fell in May
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