"It's the art of movement, I don't think of it as a sport," says Hesham Kamel, as he balances his body weight on his hands for a few seconds, before propelling himself over a metre-high wall on Abu Dhabi's Corniche.
"The movement is my passion. We don't do anything extreme or dangerous, it's about being free to move any way you want, using the landscape around you. There are no restrictions."
The 24-year-old Egyptian is part of a growing parkour scene in Abu Dhabi which, in the past few years, has increased in popularity more than tenfold, with hundreds of youngsters showing up to the Corniche every weekend.
Parkour, which was given an official name in France in the 1980s, literally means getting from one place to another by incorporating any obstacles into the journey, rather than avoiding them.
It can mean propelling oneself over a wall, clambering under a handrail, jumping across a flower bed, or even scaling a seven-foot wall before leaping over the other side.
Practically any obstacle attached to the ground can be part of an urban gymnast's playground. Traditionally it was a non-competitive exercise, but as its popularity increased, there came more opportunities for sponsors and athletes to make money.
Red Bull, the energy drinks company, now holds an annual Art of Motion championship in a different country each year.
"Personally I am against the championship as a competitive sport," Hesham says. "It's not what it's about.
"Every athlete has his own way of doing it. How can someone judge someone else's way of doing it when there isn't a right or a wrong way?"
Hesham, an accountant, was also a competitive gymnast before he moved to the UAE.
"In gymnastics I hated being told to do it the perfect way or get marked down. In parkour you are free to do whatever you imagine or think. You can't let someone judge what you do."
Parkour athletes - known as a traceur or traceuse depending on their sex - are mostly self-taught, learning how to do it by watching videos on YouTube.
But recently, Hesham has become something of a teacher as well as an enthusiast. He has taken it upon himself to teach many of the youngsters, who are mainly boys, the basics of parkour so they can practise safely.
Mohammed Adouchan, 15, is one of the proteges well on his way to becoming an advanced traceur. The Rawafed Private School pupil began training on the Corniche in 2011 and now spends at least four evenings a week there.
"It's much better for me than sitting at home. If I didn't come here most nights, I would either be a huge nerd or a bad person getting into trouble," he laughs.
"All my friends play football, that's the only sport in Abu Dhabi, so if you don't like football there isn't a lot to do. Until I found this. I think you can express yourself much more in this than any other sport."
It is widely accepted that parkour as we know it now was founded by a Frenchman, David Belle, in 1988. The name originates from the French word parcours (which means route in English) and was the term used by Belle's father, Raymond, to describe his son's activities.
There is no official list of moves in parkour; the techniques use basic gymnastic moves that have been adapted to incorporate the obstacles. A successful move involves using one's body weight to travel from place to place in one single movement.
"Staying calm is the main thing," Mohammed says. "And focusing on the thing that you're going to do, block everything else out. You have a millisecond to think of the trick you're going to do, or the way you want to land, and where you want to go. If you pause, that's when you can get hurt."
Mohammed is now just one of hundreds of young people who congregate on the Corniche each week to practise their skills, make new friends and get fit. When the scene first emerged around five years ago there was just a handful of enthusiasts, and fewer obstacles for them to enjoy.
"More and more young people are finding out about it," Hesham says. "The problem is there isn't a lot for them to do. There aren't a lot of outdoor spaces but it is getting better.
"Now the problem is we don't have a gym to practice safely. We need proper gym equipment but we only rely on ourselves at the moment.
"It won't work for beginners or the parkour scene in the UAE unless we have a proper gym. In other places in the world they have built proper facilities, but in the Arab world in general they don't really invest in anything other than football."
Given the popularity of parkour across the country, and also the high rates of childhood obesity, it would be a real shame if these pleas were ignored.
A 2012 study from UAE University revealed that 18 per cent of Emirati children aged between 12 and 18 and eight per cent of expatriate children of the same age are obese. A further 22 per cent of Emirati children and 20 per cent of expatriate children are overweight.
The figures for Emirati boys is most worrying, with 45 per cent either obese or overweight. Mohammed Ghanem, who grew up in the UAE but is from Lebanon, admits that his bi-weekly sessions on the Corniche have likely saved him from a fairly bleak future.
The 17-year-old was overweight and uninterested in most other sports until he discovered Hesham and his teammates by the beach.
"I was very fat, small and fat," laughs the Al Manhal International School pupil, who is wearing a T-shirt emblazoned with "If you're afraid to fall, you'll fall because you're afraid" on the back.
"When I saw these guys training I chatted to one of them and they said I could come train with them. Now I love it.
"Most kids don't know about any other games or sports apart from football so if they don't like it, they don't do anything. But I know anyone can do this if they learn and practise. It has been great for me."
According to Ali Rashid, an Emirati, encouraging his younger compatriots to take up any sort of physical activity should be a key priority for his country's government.
But a lack of outdoor and indoor facilities don't make it easy.
"The kids don't know about any sport other than football," says the 22-year-old from Abu Dhabi. "Things like this are a great way of getting them involved. Every week we have hundreds who turn up, they want to do things but they don't know about it, and they don't have safe places to do it.
"We should be doing much more, otherwise the kids will never do anything."
Mitya Underwood is a senior features writer for The National.
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
The specs: 2018 Renault Megane
Price, base / as tested Dh52,900 / Dh59,200
Engine 1.6L in-line four-cylinder
Transmission Continuously variable transmission
Power 115hp @ 5,500rpm
Torque 156Nm @ 4,000rpm
Fuel economy, combined 6.6L / 100km
Skewed figures
In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458.
Like a Fading Shadow
Antonio Muñoz Molina
Translated from the Spanish by Camilo A. Ramirez
Tuskar Rock Press (pp. 310)
UAE currency: the story behind the money in your pockets
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
Dust and sand storms compared
Sand storm
- Particle size: Larger, heavier sand grains
- Visibility: Often dramatic with thick "walls" of sand
- Duration: Short-lived, typically localised
- Travel distance: Limited
- Source: Open desert areas with strong winds
Dust storm
- Particle size: Much finer, lightweight particles
- Visibility: Hazy skies but less intense
- Duration: Can linger for days
- Travel distance: Long-range, up to thousands of kilometres
- Source: Can be carried from distant regions
How has net migration to UK changed?
The figure was broadly flat immediately before the Covid-19 pandemic, standing at 216,000 in the year to June 2018 and 224,000 in the year to June 2019.
It then dropped to an estimated 111,000 in the year to June 2020 when restrictions introduced during the pandemic limited travel and movement.
The total rose to 254,000 in the year to June 2021, followed by steep jumps to 634,000 in the year to June 2022 and 906,000 in the year to June 2023.
The latest available figure of 728,000 for the 12 months to June 2024 suggests levels are starting to decrease.
The five pillars of Islam
How to invest in gold
Investors can tap into the gold price by purchasing physical jewellery, coins and even gold bars, but these need to be stored safely and possibly insured.
A cheaper and more straightforward way to benefit from gold price growth is to buy an exchange-traded fund (ETF).
Most advisers suggest sticking to “physical” ETFs. These hold actual gold bullion, bars and coins in a vault on investors’ behalf. Others do not hold gold but use derivatives to track the price instead, adding an extra layer of risk. The two biggest physical gold ETFs are SPDR Gold Trust and iShares Gold Trust.
Another way to invest in gold’s success is to buy gold mining stocks, but Mr Gravier says this brings added risks and can be more volatile. “They have a serious downside potential should the price consolidate.”
Mr Kyprianou says gold and gold miners are two different asset classes. “One is a commodity and the other is a company stock, which means they behave differently.”
Mining companies are a business, susceptible to other market forces, such as worker availability, health and safety, strikes, debt levels, and so on. “These have nothing to do with gold at all. It means that some companies will survive, others won’t.”
By contrast, when gold is mined, it just sits in a vault. “It doesn’t even rust, which means it retains its value,” Mr Kyprianou says.
You may already have exposure to gold miners in your portfolio, say, through an international ETF or actively managed mutual fund.
You could spread this risk with an actively managed fund that invests in a spread of gold miners, with the best known being BlackRock Gold & General. It is up an incredible 55 per cent over the past year, and 240 per cent over five years. As always, past performance is no guide to the future.
ICC Women's T20 World Cup Asia Qualifier 2025, Thailand
UAE fixtures
May 9, v Malaysia
May 10, v Qatar
May 13, v Malaysia
May 15, v Qatar
May 18 and 19, semi-finals
May 20, final
US tops drug cost charts
The study of 13 essential drugs showed costs in the United States were about 300 per cent higher than the global average, followed by Germany at 126 per cent and 122 per cent in the UAE.
Thailand, Kenya and Malaysia were rated as nations with the lowest costs, about 90 per cent cheaper.
In the case of insulin, diabetic patients in the US paid five and a half times the global average, while in the UAE the costs are about 50 per cent higher than the median price of branded and generic drugs.
Some of the costliest drugs worldwide include Lipitor for high cholesterol.
The study’s price index placed the US at an exorbitant 2,170 per cent higher for Lipitor than the average global price and the UAE at the eighth spot globally with costs 252 per cent higher.
High blood pressure medication Zestril was also more than 2,680 per cent higher in the US and the UAE price was 187 per cent higher than the global price.
The specs
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
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.”
Coming soon
Torno Subito by Massimo Bottura
When the W Dubai – The Palm hotel opens at the end of this year, one of the highlights will be Massimo Bottura’s new restaurant, Torno Subito, which promises “to take guests on a journey back to 1960s Italy”. It is the three Michelinstarred chef’s first venture in Dubai and should be every bit as ambitious as you would expect from the man whose restaurant in Italy, Osteria Francescana, was crowned number one in this year’s list of the World’s 50 Best Restaurants.
Akira Back Dubai
Another exciting opening at the W Dubai – The Palm hotel is South Korean chef Akira Back’s new restaurant, which will continue to showcase some of the finest Asian food in the world. Back, whose Seoul restaurant, Dosa, won a Michelin star last year, describes his menu as, “an innovative Japanese cuisine prepared with a Korean accent”.
Dinner by Heston Blumenthal
The highly experimental chef, whose dishes are as much about spectacle as taste, opens his first restaurant in Dubai next year. Housed at The Royal Atlantis Resort & Residences, Dinner by Heston Blumenthal will feature contemporary twists on recipes that date back to the 1300s, including goats’ milk cheesecake. Always remember with a Blumenthal dish: nothing is quite as it seems.
Tour de France 2017: Stage 5
Vittel - La Planche de Belles Filles, 160.5km
It is a shorter stage, but one that will lead to a brutal uphill finish. This is the third visit in six editions since it was introduced to the race in 2012. Reigning champion Chris Froome won that race.
The years Ramadan fell in May
info-box
COMPANY PROFILE
Company name: Happy Tenant
Started: January 2019
Co-founders: Joe Moufarrej and Umar Rana
Based: Dubai
Sector: Technology, real-estate
Initial investment: Dh2.5 million
Investors: Self-funded
Total customers: 4,000
MISSION: IMPOSSIBLE – FINAL RECKONING
Director: Christopher McQuarrie
Starring: Tom Cruise, Hayley Atwell, Simon Pegg
Rating: 4/5