On February 5, 1952, 60 years ago tomorrow, Elizabeth Windsor climbed a mgugu tree as a princess and the following morning came down as a queen. She and Prince Philip were in Kenya en route to Australia, staying at the famous Treetops Hotel. On February 6, she was watching the sun rise from a platform in the trees as an eagle soared above them - it was thought that, at that moment, her beloved father, George VI, died in his sleep at Sandringham.
A day later, the 25-year-old monarch arrived in London, dressed in black, and descended the stairs of her airplane to be greeted by the prime minister, Winston Churchill, who had served as a soldier in the reign of her great-great-grandmother, Victoria. Her youth and composure prompted hopes of a new era - not Victorian but a second Elizabethan Age. Interestingly, a tree featured in the accession of Elizabeth I, too. The first Elizabeth, also 25, sat beneath an oak at Hatfield, and when told she was queen, replied: "This is the Lord's doing, and it is marvellous in our eyes."
Elizabeth II had spoken from the heart four years before she succeeded, again in Africa, on her 21st birthday. "I declare before you all that my whole life, whether it be long or short, shall be devoted to your service and the service of our great imperial family to which we all belong." Six decades on, it is universally agreed that Elizabeth has been true to her word.
While she sounded so certain and determined, Elizabeth's destiny had only dawned in December 1936, when her uncle, Edward VIII, abdicated to marry Wallis Simpson, hoisting her hesitant, apprehensive father on to the throne. When a footman brought the news to the young princesses that their beloved papa was King, Margaret asked: "Does that mean you will have to be the next queen?" "Yes, someday," Elizabeth replied. "Poor you," countered Margaret. Some biographers claim that every night thereafter Elizabeth prayed for a brother.
That prayer was not answered, but she was able to marry, in 1947, Philip Mountbatten (born Prince Philip of Greece and Denmark), the man she had fallen in love with at 13. When asked what his job was, Philip has always answered "to support the Queen" and, for all his gaffes and restlessness, he too has been true to his word.
Despite the hopes, it was never to be a New Elizabethan Age. The fabric of Britain was still rent by the Second World War and as it recovered, Europe emerged and the Empire crumbled. But what arose from the remnants of the empire was the Commonwealth and its survival, against extraordinary odds, is one of the Queen's greatest achievements.
To keep that widespread family connected, she has travelled. In fact no one has travelled as far, so often and for so long - from her first trip abroad with her parents in 1947 to her most recent (no one would dare say last) to Australia in October last year. Abiding friends and allies are also remembered. Only weeks before their Australian trip, the Queen and Prince Philip visited Abu Dhabi. They had first come in 1979 - arriving on the Concorde and staying on the Britannia - and were welcomed by Sheikh Zayed. The nation was not quite seven; they visited the tallest building in the Middle East, Dubai's 39-storey World Trade Centre. In October 2011, 32 years later, they honoured their old friend at the Sheikh Zayed Grand Mosque. As one of the queen's biographers, Robert Hardman wrote, it was "a poignant reminder of how far she goes back in the memory of this young country".
Her longevity and constitution, reminiscent of her remarkable mother, continue to amaze. Elizabeth is not the longest-reigning current monarch - that honour belongs to Thailand's King Bhumibol, who ascended in 1946. History attributes the longest reign in living memory, of 82 years and 254 days, to Swaziland's King Sobhuza II (1899 - 1982). There is even one case, of Shapur II of Persia, whose 70-year reign (309-379) began in utero, when the crown was placed on his mother's belly. The British record-holder remains Queen Victoria, who reigned for 63 years and 216 days.
But neither Victoria - nor, in fact, the next three generations - had to suffer the spotlight of media intrusion - flashbulbs and paparazzi, hackers and harassment. Even today, the Thai king and, significantly, his family, are shielded by strict laws of lese-majesty. In recent decades the British royal family has enjoyed no such restraint and the press had a wild time in the 1990s as the marriages of three of the Queen's children failed under the unrelenting glare of commentators and cameras. This surely touched her personally but somehow the frailties and misfortunes of her children made their mother more faultless and majestic.
The only occasion where her unblemished record came in danger of being lost was the aftermath of the death of Diana in 1997. As hysterical Britons left bouquets by the thousand at royal residences throughout the kingdom (one paper dubbed it "floral fascism") the Queen remained remote at Balmoral. Her priority, she thought, was to her grandsons who had just lost their mother.
Her subjects thought otherwise and, inflamed by a baying press, with headlines imploring "MA'AM, SHOW US YOU CARE", they wanted their sovereign in London, grieving with them. At the urging of her courtiers and on the advice of her prime minister, she returned early to London, allowed the Union Jack to flutter at half-mast, and broadcast to her people. ("What I say to you now as your Queen and as a grandmother, I say from my heart.") All was well - the monarchy was saved and, as one royal watcher put it, "the Queen was back in charge".
The former Lord Chancellor, Lord Hailsham, once observed that while the US system of government was "an elective monarchy with a king who rules … but does not reign", the British system was "a republic with a hereditary life president who … reigns but does not rule". Another comparison is that of a non-executive chairman. The presence of a chairman guarantees balance. She may advise, recall past failures - and successes - represent the company at functions and listen to its problems.
If the Queen is the chairman, her chief executive is the prime minister. She has seen 12 of them. Her first, Churchill, born in 1874; her most recent, David Cameron, born in 1966, is two years younger than her youngest son.
Every week, the chief executive meets the chairman at her palace or castle, where discretion - on both sides - is absolute. Prime ministers, without the slightest fear of jealousy or betrayal, can unburden themselves and it is said they all came to look forward to these weekly encounters.
James Callaghan, prime minister in the 1970s, observed: "The Queen offers friendliness; not friendship." But what is discussed and what the Queen has thought of her successive prime ministers remains a mystery. There have been occasional leaks - that Edward Heath was cold and relations with Margaret Thatcher were frosty - but as no courtiers or secretaries are present, this can only be guessed at.
Her role is essentially a passive one. She does not criticise, lecture or dictate but she can and does question. It is said - again this is speculation - that when, in 1956, Anthony Eden told the Queen about the Government's intention to intervene over Suez, she apparently said: "Are you sure?". For Her Majesty, this is the equivalent of "Are you mad?".
The coolness, sagacity and restraint of Elizabeth II have been matched by her constancy and diligence - day in and day out, for six decades - a model constitutional monarch. It is impossible to imagine that this could be matched in this, or any other, century.
Mark McGinness is an Australian-born lawyer and writer working in Dubai. He is a regular contributor for The Times in London and the Fairfax Press in Australia as an obituarist.
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 biog
Hobbies: Salsa dancing “It's in my blood” and listening to music in different languages
Favourite place to travel to: “Thailand, as it's gorgeous, food is delicious, their massages are to die for!”
Favourite food: “I'm a vegetarian, so I can't get enough of salad.”
Favourite film: “I love watching documentaries, and am fascinated by nature, animals, human anatomy. I love watching to learn!”
Best spot in the UAE: “I fell in love with Fujairah and anywhere outside the big cities, where I can get some peace and get a break from the busy lifestyle”
The%20trailblazers
%3Cp%3ESixteen%20boys%20and%2015%20girls%20have%20gone%20on%20from%20Go-Pro%20Academy%20in%20Dubai%20to%20either%20professional%20contracts%20abroad%20or%20scholarships%20in%20the%20United%20States.%20Here%20are%20two%20of%20the%20most%20prominent.%0D%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EGeorgia%20Gibson%20(Newcastle%20United)%3C%2Fstrong%3E%0D%3Cbr%3EThe%20reason%20the%20academy%20in%20Dubai%20first%20set%20up%20a%20girls%E2%80%99%20programme%20was%20to%20help%20Gibson%20reach%20her%20potential.%20Now%20she%20plays%20professionally%20for%20Newcastle%20United%20in%20the%20UK.%0D%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMackenzie%20Hunt%20(Everton)%3C%2Fstrong%3E%0D%3Cbr%3EAttended%20DESS%20in%20Dubai%2C%20before%20heading%20to%20the%20UK%20to%20join%20Everton%20full%20time%20as%20a%20teenager.%20He%20was%20on%20the%20bench%20for%20the%20first%20team%20as%20recently%20as%20their%20fixture%20against%20Brighton%20on%20February%2024.%0D%3C%2Fp%3E%0A
Company info
Company name: Entrupy
Co-founders: Vidyuth Srinivasan, co-founder/chief executive, Ashlesh Sharma, co-founder/chief technology officer, Lakshmi Subramanian, co-founder/chief scientist
Based: New York, New York
Sector/About: Entrupy is a hardware-enabled SaaS company whose mission is to protect businesses, borders and consumers from transactions involving counterfeit goods.
Initial investment/Investors: Entrupy secured a $2.6m Series A funding round in 2017. The round was led by Tokyo-based Digital Garage and Daiwa Securities Group's jointly established venture arm, DG Lab Fund I Investment Limited Partnership, along with Zach Coelius.
Total customers: Entrupy’s customers include hundreds of secondary resellers, marketplaces and other retail organisations around the world. They are also testing with shipping companies as well as customs agencies to stop fake items from reaching the market in the first place.
The%20specs%3A%202024%20Mercedes%20E200
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E2.0-litre%20four-cyl%20turbo%20%2B%20mild%20hybrid%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E204hp%20at%205%2C800rpm%20%2B23hp%20hybrid%20boost%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E320Nm%20at%201%2C800rpm%20%2B205Nm%20hybrid%20boost%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E9-speed%20auto%0D%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%20%3C%2Fstrong%3E7.3L%2F100km%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENovember%2FDecember%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh205%2C000%20(estimate)%3C%2Fp%3E%0A
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
A MINECRAFT MOVIE
Director: Jared Hess
Starring: Jack Black, Jennifer Coolidge, Jason Momoa
Rating: 3/5
How much sugar is in chocolate Easter eggs?
- The 169g Crunchie egg has 15.9g of sugar per 25g serving, working out at around 107g of sugar per egg
- The 190g Maltesers Teasers egg contains 58g of sugar per 100g for the egg and 19.6g of sugar in each of the two Teasers bars that come with it
- The 188g Smarties egg has 113g of sugar per egg and 22.8g in the tube of Smarties it contains
- The Milky Bar white chocolate Egg Hunt Pack contains eight eggs at 7.7g of sugar per egg
- The Cadbury Creme Egg contains 26g of sugar per 40g egg
NO OTHER LAND
Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal
Stars: Basel Adra, Yuval Abraham
Rating: 3.5/5
MATCH INFO
Liverpool 2 (Van Dijk 18', 24')
Brighton 1 (Dunk 79')
Red card: Alisson (Liverpool)
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
Results
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The White Lotus: Season three
Creator: Mike White
Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell
Rating: 4.5/5
Abu Dhabi GP schedule
Friday: First practice - 1pm; Second practice - 5pm
Saturday: Final practice - 2pm; Qualifying - 5pm
Sunday: Etihad Airways Abu Dhabi Grand Prix (55 laps) - 5.10pm
BABYLON
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Spider-Man: No Way Home
Director: Jon Watts
Stars: Tom Holland, Zendaya, Jacob Batalon
Rating:*****
Awar Qalb
Director: Jamal Salem
Starring: Abdulla Zaid, Joma Ali, Neven Madi and Khadija Sleiman
Two stars