Sheikh Yousef bin Mohammad has been appointed preacher at this year's Hajj on the Day of Arafah.
Mount Arafat is a granite hill about 20 kilometres from the Kaaba. Ascending it is the most important rite in the annual pilgrimage of Hajj for millions of Muslims.
The Day of Arafah takes place on the second day of Hajj, when pilgrims make their way to the mountain where the Prophet Mohammed gave his last sermon.
The Hajj season started on June 26.
Mount Arafat is where the Prophet Mohammed gave his last sermon.
This year's sermon will be translated into 20 languages and can be heard live on the Haramain Sharifain website.
Last year's sermon was broadcast with live translation from Arabic into 13 languages — Urdu, Tamil, English, French, Turkish, Malay, Persian, Russian, Mandarin, Bengali, Hausa, Spanish and Swahili.
Additional languages have been added to this year's live broadcast: Chinese, Swedish, Amharic, Italian, Portuguese, Bosnian, Malayalam, Filipino. A Pashto translation will be shared after the sermon is transmitted.
For the rest of the practising Muslim world, the Day of Arafah is observed through fasting.
Pilgrims will make their way to the Masjid Nimrah on the grounds of Arafat, where Sheikh Yousef will deliver the sermon.
Who is Sheikh Yousef, the man set to give this year's sermon on the Day of Arafah?
Sheikh Yousef has held several of the highest religious positions in Saudi Arabia, including being a member of the Council of Senior Scholars, and has served as a teacher at the Grand Mosque of Makkah and the Prophet Mohammad's mosque in Madinah among others.
He has also served as a preacher during Eid sermons for 20 years. Most recently, Sheikh Yousef was Deputy Minister of Islamic Affairs, Call and Guidance for four years.
Growing up, Sheikh Yousef memorised the Quran since childhood, and was taught by the former Grand Mufti Sheikh Abdulaziz bin Abdullah.
Sheikh Yousef served as a professor and lecturer at the Imam Mohammad bin Saud Islamic University and was chair of the Cyber Security Committee at the Ministry of Islamic Affairs.
He has also overseen competitions for the memorisation of the Quran and headed the Quran Translation Committee at the King Fahd Quran Printing Complex.
Sheikh Yousef is a prolific author, with over 30 publications in his name.
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Ship class: Meraviglia Class
Delivery date: February 27, 2019
Gross tonnage: 171,598 GT
Passenger capacity: 5,686
Crew members: 1,536
Number of cabins: 2,217
Length: 315.3 metres
Maximum speed: 22.7 knots (42kph)
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What do you love eating or cooking: I’m constantly in the kitchen. Ever since I changed the way I eat I enjoy choosing and creating what goes into my body. However, nothing can top home cooked food from my parents.
Favorite place to go in the UAE: A quiet beach.
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Dialysis is a way of cleaning your blood when your kidneys fail and can no longer do the job.
It gets rid of your body's wastes, extra salt and water, and helps to control your blood pressure. The main cause of kidney failure is diabetes and hypertension.
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Islamophobia definition
A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.
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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.”
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Profile of RentSher
Started: October 2015 in India, November 2016 in UAE
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Based: Bangalore, India and Dubai, UAE
Sector: Online rental marketplace
Size: 40 employees
Investment: $2 million
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Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
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