Along with Brad Pitt and George Clooney, Mohamed Nasheed, president of the Maldives, was in Toronto this week. And like Clooney and Pitt, Nasheed was starring in a film at the Toronto International Film Festival.
Except Nasheed, 44, isn't your typical movie star. He didn't bring a fictitious character to life, nor portray a man in history. He was, instead, being himself, as the protagonist of The Island President, a documentary observing his battle to address climate change and halt the rising of the Indian Ocean - a disaster that threatens to submerge a country and culture that have been there for thousands of years.
Sometimes Nasheed's language has an urgency that sounds right out of a disaster epic. "If you can't defend the Maldives today, you can't defend England tomorrow," he tells his speech writer, preparing in the film to address the British parliament in 2009.
"We know that the Maldives becoming carbon-neutral is not going to stop us from annihilation," Nasheed declares, "but at least we can die knowing that we've done the right thing."
Strong words from a leader who, in public and in private, argues gently and with a quick wit.
Nasheed is a smallish man, so the David-and-Goliath face-off of the Maldivian president versus the elements in a place that Nasheed calls "a cross between paradise and paradise" seemed right for Jon Shenk, the documentary's director.
"We wanted to follow an extraordinary guy who essentially was doing the work of trying out how to save the planet," Shenk said. "It sounds ridiculous to say it out loud, but that's what he thinks about when he gets up every day."
Nasheed agreed right away to the project, which he now calls "diplomacy by other means".
Shenk's previous documentary, The Lost Boys of Sudan, followed young men orphaned by war who spend years trying to get to the United States. Those missions seemed near-impossible, until you compare them with what Nasheed sets out to do: achieve carbon neutrality at home by 2019 in spite of an imperfect deal at the 2009 United Nations Climate Change Conference in Copenhagen on global warming's damage.
"As a president, it seems to me that the most important right is the right for our survival," he says forthrightly, smiling, as he often does when speaking of potential cataclysm. "It won't be any good to have democracy if we don't have a country."
The Island President begins as azure seas erode that country of some 2,000 islands and islets, which lie 1.5 metres above sea level and is a favourite honeymoon spot for many couples marrying in the UAE.
With archival footage, the documentary traces Nasheed's path as an often-jailed political dissident in the Maldives, and his election in 2008. Even with democracy, paradise was in trouble. The oceans were rising and the 2004 tsunami ruined the local economy.
Nasheed is determined to persuade the world's powerful countries to recognise the threat of climate change.
Sitting in a Toronto hotel room, he admitted that it was a work in progress, but a crucial one. "If we didn't have an idea or a vision of how we were going to deal with this, it's quite impossible to see how we would deal with education, for instance," he said. "What's the point, of anything?"
Disarming and direct, Nasheed couldn't be more different from Al Gore, the former US vice president whose film on climate change, An Inconvenient Truth, showed the recurring image of a polar bear swimming for its life in rising Arctic waters.
By contrast with Gore's languid, often wooden demeanour, Nasheed has an infectious energy. The camera races to keep up with him. He says he's an admirer of An Inconvenient Truth, although it would be hard to imagine Nasheed making his arguments, as Gore does, using a PowerPoint presentation. It's just as hard to imagine Gore holding a cabinet meeting, as Nasheed did, underwater. Nasheed is also a smoker, which is heresy for an American environmentalist.
Nasheed grinned when asked how he stays in power, faced with the task of staving off an aquatic apocalypse and asking his country for patience. "Any Maldive leader has to have a vision on how they would save the country. The science of it has been so talked about and believed and understood - but then you have to have a vision," he said.
One battle that he doesn't have to fight is convincing his citizens that climate change is a reality. "The science is just a confirmation of what is happening in the Maldives. There are people who don't believe that the world is round. There are people who don't believe that a man landed on the Moon. There can be scepticism on anything, but what is happening to the Maldives is very obvious," he said.
"So, please, give us another scientific rationale for what is happening to the Maldives - if not, it is from climate change."
Another argument Nasheed addressed, always politely, was the notion that Canada, with plans to refine oil in vast tar sands reserves, could wait on shifting behaviour that warms up the planet.
"We change technology not because we have exhausted the raw material for a certain technology," he said. "We didn't come out of the Stone Age because we ran out of stones. There's still a fair amount of them around. You switch, you change, because there's nothing more that you can milk out of it."
Such observations have made Nasheed a man to watch, even before The Island President. As his visibility grows, tourism to the Maldives is surging, especially among Chinese visitors, whose government opposed Nasheed at the 2009 Copenhagen conference.
"It's given them more of an impetus," he notes, grinning again. "Buy, if the stock lasts."
UAE%20Warriors%2033%20Results
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The Limehouse Golem
Director: Juan Carlos Medina
Cast: Olivia Cooke, Bill Nighy, Douglas Booth
Three stars
Game Changer
Director: Shankar
Stars: Ram Charan, Kiara Advani, Anjali, S J Suryah, Jayaram
Rating: 2/5
Squid Game season two
Director: Hwang Dong-hyuk
Stars: Lee Jung-jae, Wi Ha-joon and Lee Byung-hun
Rating: 4.5/5
Dubai Bling season three
Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed
Rating: 1/5
Padmaavat
Director: Sanjay Leela Bhansali
Starring: Ranveer Singh, Deepika Padukone, Shahid Kapoor, Jim Sarbh
3.5/5
UAE currency: the story behind the money in your pockets
How to avoid crypto fraud
- Use unique usernames and passwords while enabling multi-factor authentication.
- Use an offline private key, a physical device that requires manual activation, whenever you access your wallet.
- Avoid suspicious social media ads promoting fraudulent schemes.
- Only invest in crypto projects that you fully understand.
- Critically assess whether a project’s promises or returns seem too good to be true.
- Only use reputable platforms that have a track record of strong regulatory compliance.
- Store funds in hardware wallets as opposed to online exchanges.
Married Malala
Malala Yousafzai is enjoying married life, her father said.
The 24-year-old married Pakistan cricket executive Asser Malik last year in a small ceremony in the UK.
Ziauddin Yousafzai told The National his daughter was ‘very happy’ with her husband.
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
COMPANY%20PROFILE
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Fireball
Moscow claimed it hit the largest military fuel storage facility in Ukraine, triggering a huge fireball at the site.
A plume of black smoke rose from a fuel storage facility in the village of Kalynivka outside Kyiv on Friday after Russia said it had destroyed the military site with Kalibr cruise missiles.
"On the evening of March 24, Kalibr high-precision sea-based cruise missiles attacked a fuel base in the village of Kalynivka near Kyiv," the Russian defence ministry said in a statement.
Ukraine confirmed the strike, saying the village some 40 kilometres south-west of Kyiv was targeted.
Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
Round 3: February 7-9, Dubai Autodrome – Dubai
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
The specs
Engine: Direct injection 4-cylinder 1.4-litre
Power: 150hp
Torque: 250Nm
Price: From Dh139,000
On sale: Now
COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
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 specs
Engine: 2.7-litre 4-cylinder Turbomax
Power: 310hp
Torque: 583Nm
Transmission: 8-speed automatic
Price: From Dh192,500
On sale: Now
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
Killing of Qassem Suleimani
THE BIO
Favourite car: Koenigsegg Agera RS or Renault Trezor concept car.
Favourite book: I Am Pilgrim by Terry Hayes or Red Notice by Bill Browder.
Biggest inspiration: My husband Nik. He really got me through a lot with his positivity.
Favourite holiday destination: Being at home in Australia, as I travel all over the world for work. It’s great to just hang out with my husband and family.
INVESTMENT PLEDGES
Cartlow: $13.4m
Rabbitmart: $14m
Smileneo: $5.8m
Soum: $4m
imVentures: $100m
Plug and Play: $25m
A little about CVRL
Founded in 1985 by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, the Central Veterinary Research Laboratory (CVRL) is a government diagnostic centre that provides testing and research facilities to the UAE and neighbouring countries.
One of its main goals is to provide permanent treatment solutions for veterinary related diseases.
The taxidermy centre was established 12 years ago and is headed by Dr Ulrich Wernery.
A timeline of the Historical Dictionary of the Arabic Language
- 2018: Formal work begins
- November 2021: First 17 volumes launched
- November 2022: Additional 19 volumes released
- October 2023: Another 31 volumes released
- November 2024: All 127 volumes completed
SPEC%20SHEET%3A%20APPLE%20IPAD%20PRO%20(12.9%22%2C%202022)
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Intercontinental Cup
Namibia v UAE Saturday Sep 16-Tuesday Sep 19
Table 1 Ireland, 89 points; 2 Afghanistan, 81; 3 Netherlands, 52; 4 Papua New Guinea, 40; 5 Hong Kong, 39; 6 Scotland, 37; 7 UAE, 27; 8 Namibia, 27
Pathaan
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How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.