Dubai coffee shop launches Camellos brand for camel products


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While a good number of UAE restaurants have long served camel meat, a Dubai cafe is trying to give a modern twist to an old Bedouin tradition and has some more unusual camel products on its menu.

Launched in September 2011 by an Emirati entrepreneur as part of an effort to revive Bedouin traditions, Cafe2Go now features camel lattes, camel-ccinos and camel-meat fajitas.

This month, he launched Camellos - a brand name for his products derived from the Spanish word for camel.

"Camel milk has been around for centuries and I wanted our younger generation to start drinking it again," says Jassim Al Bastaki, the cafe owner.

From here came the idea of mixing it with modern drinks."

Camel milk has been a staple for desert Arab nomads for generations.

However, its boom in modern food and beverage industries in the UAE adds a new level to its commerciality. Apart from being a novelty in the glitzy home of the world's tallest building and the man-made palm islands, Mr Al Bastaki swears by the health benefits of camel milk.

Studies show it is almost as nutritious as human breast milk and offers 10 times more iron and three times more vitamin C than cow's milk.

The challenge in marketing the product comes from the taste and distinct smell.

Camel milk is slightly saltier than other dairy products and has a heavy taste.

Mr Bastaki says he spent months testing different concoctions on family and friends before coming up with the perfect blend.

"Camel milk is known for being a healthier choice," he says.

"We just had to find the right coffee bean mix and degree of steaming the milk to make it taste good."

* Reuters

Tamkeen's offering
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UAE currency: the story behind the money in your pockets
Will the pound fall to parity with the dollar?

The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.

Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.

New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.

“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.

The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.

The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.

Bloomberg

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UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

In numbers: PKK’s money network in Europe

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Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille

Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm

Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year

Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”

Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners

TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013 

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Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5

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