Read the latest updates on the Hajj pilgrimage here
Muslim pilgrims were gathering at Mount Arafat — a granite hill about 20 kilometres from the Kaaba on the Arafat plains — on Friday to participate in the most important ritual of the annual Hajj pilgrimage.
The Day of Arafat marks the second day of Hajj, when believers make their way to the mountain where the Prophet Mohammed gave his last sermon.
Pilgrims will make their way to the Masjid Nimrah on the grounds of Arafat where they will listen to the Arafat sermon.
“I am here in Arafat to follow the steps of the Prophet Mohammed when he did his farewell Hajj speech,” Hussein Ali, an Iraqi pilgrim said. "It is very emotional for me just to be here and look at the mountain he climbed."
The Arafat sermon this year will feature a live translation in 14 languages as Saudi Arabia’s leadership seeks to convey a message of moderation and tolerance to the widest possible audience.
However, some pilgrims feel the daily sermons provided could be more inclusive. Othman Khamis, a pilgrim from Tanzania, said: “The sermons interpretations should be improved. Only two languages are so far available, Hindi and Urdu.
"I would have preferred English too, since many pilgrims would have benefited."
After the sermon, Hajj pilgrims will then spend the afternoon praying on the mountain. They will then head to Muzdalifah after sunset, where they will be pick up pebbles for the symbolic stoning of the devil ritual on Saturday.
“I hope my Hajj is accepted, that is my prayer,” Salma Askari, an Indian pilgrim told The National.
Ms Askari is performing Hajj for the first time and is travelling with her husband from Jeddah, where she lives. She arrived in Mina on Wednesday night, as the air-conditioned tents were filling up with Hajj pilgrims and authorities had arranged for gifts and refreshments for each in their rooms.
“We are moving now towards Arafat and will stay at a camp in Arafat. We were told by the Ministry of Hajj that we can start moving tonight or tomorrow at 11am,” Abbas, a pilgrim in Mina, told The National.
Saleh, a Hajj guide and volunteer: “We are going to spend the night in Arafat up until sunset before we move to Muzdalifah. Some of the Hujjaj [pilgrims] will arrive before noon tomorrow."
For many, this year's Hajj is an emotional one, after two years of being barred from performing the ritual due to the Covid-19 pandemic and for those who are performing Hajj in the name of loved ones they have lost.
“Arafat is peaceful and perfect for the recovery from my breakdown I suffered two months ago when my wife of 33 years passed away,” Ismail Al Kaabi, a UAE pilgrim, told The National. I am also dedicating my Arafat visit to her memory. She never made it here."
Pilgrims started boarding the train to Arafat early on Friday after dawn prayers.
"Every group has a guide with them to ensure they stay together based on the country they are from. We are making sure there is no overcrowding and safe for pilgrims to reach their destination,” one Hajj guide said.
This year’s pilgrims were capped at one million, including 850,000 from abroad chosen by lottery. They represent the largest Hajj gathering since 2019 after two Covid-hit years when only tens of thousands were allowed to take part.
“Tomorrow is the main day — the youm (day) of Arafat, we are just resting today, praying here and tomorrow we will head to Arafat and come back early morning on Saturday from Muzdalifah to go to the Jamarat,” Ms Maliha, a local pilgrim performing Hajj, told The National.
This year’s Arafat sermon will be delivered by the head of the Makkah-based Muslim World League, Sheikh Dr Mohammed Al Issa.
Mr Al Issa was Saudi Arabia’s minister of justice before he was appointed to lead the Muslim World League. He is also a member of the Council of Senior Scholars in Saudi Arabia.
Mr Al Issa led a historic high delegation interfaith visit of Muslim religious leaders in 2020 to the site of the Auschwitz concentration camp in Poland.
During his visit to Auschwitz, Mr Al Issa said Islamic principles denounce all forms of violence and crime.
“Islamic principles are not double-standard,” he said.
“It condemns and denounces every crime and every evil. We are advocates for peace. We believe in peace.
“This high-level delegation of Muslim scholars from different countries and from different sects has come to say that our religion is one of peace, one of mercy and one which fights evil.”
Why your domicile status is important
Your UK residence status is assessed using the statutory residence test. While your residence status – ie where you live - is assessed every year, your domicile status is assessed over your lifetime.
Your domicile of origin generally comes from your parents and if your parents were not married, then it is decided by your father. Your domicile is generally the country your father considered his permanent home when you were born.
UK residents who have their permanent home ("domicile") outside the UK may not have to pay UK tax on foreign income. For example, they do not pay tax on foreign income or gains if they are less than £2,000 in the tax year and do not transfer that gain to a UK bank account.
A UK-domiciled person, however, is liable for UK tax on their worldwide income and gains when they are resident in the UK.
UAE currency: the story behind the money in your pockets
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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Kuwait beat Saudi Arabia by eight wickets
Oman beat Bahrain by nine wickets
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Main card:
Carlos Prates (BRA) v Dmitry Valent (BLR); Bobirjon Tagiev (UZB) v Valentin Thibaut (FRA); Arthur Meyer (FRA) v Hicham Moujtahid (BEL); Ines Es Salehy (BEL) v Myriame Djedidi (FRA); Craig Coakley (IRE) v Deniz Demirkapu (TUR); Artem Avanesov (ARM) v Badreddine Attif (MAR); Abdulvosid Buranov (RUS) v Akram Hamidi (FRA)
Title card:
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Intercontinental Middleweight: Amine El Moatassime (UAE) v Francesco Iadanza (ITA)
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