Surprises by best friends are the best kind.
The term "BFF" is not one to be assigned to anybody, however deserving, without trepidation. It stands, of course, for "best friend forever". As Paris Hilton so kindly demonstrated to us on her show My New BFF, which aims to root out her best friend forever by means of a televised competition, "forever" need only stretch from the time the winner of Season 1 is announced to the beginning of Season 2, when the hunt for the next BFF commences. Friendship among teenagers can be a fickle thing. Occasionally, it stands the test of time; a nice gesture by a loyal friend is very often the thing that can put a perk in your step and slap a goofy smile on your face for the rest of the day.
A couple of years ago, Jasleen and I swore to be best friends forever, buying pairs of identical friendship necklaces (one saying "Best" and the other saying "Friends"), owning diaries with one lock and two keys, and indulging in other similar twaddle that corny young teenagers are prone to indulging in. Hundreds of tearful arguments occurred, more often than not because "I wore those shoes last week, I can't believe you bought some exactly like mine".
So did as many grudging reconciliations, though, and there were waterworks when she moved away from Dubai.
Last week, Jasleen was in town and suggested we meet up. Fair enough, I thought, and duly accepted her invitation aboard her family cruise dhow-cum-floating-restaurant on the Dubai Creek. Squeals of delight ensued when three other mutual friends turned up, too: none of us had any idea Jasleen had organised a reunion.
We passed a pleasant evening, to say the least: pasta, the gentle creek-breeze, waiters plying us with glass upon glass of orange juice and the glimmering city lights on either side of the creek. In addition, of course, to lots of girlish chatter about crushes present and past - which change every week. And then there was the time we were ball kids for the Dubai Tennis Championships and we'd fight to be on the side of the court where Federer or Nadal or Djokovich was playing, and silently egg on the better (read cuter) player.
There was a magician aboard, too, who entertained us with, er, fascinating tricks of making buttons appear in his hand to the lyrical, if a tad loud, strains of the Chicken Dance. Full and content, I was just nodding off as the waves gently lapped up against the sides of the dhow when the speakers suddenly terminated blasting out the Chicken Dance.
There was a drum roll. I woke up. People stopped concentrating on what there was on their plates and looked up. The magician looked highly affronted. All at once, Happy Birthday blared out, and as I looked around questioningly trying to identify the person it was directed to, Jasleen caught my eye. It was me.
Jasleen had arranged a surprise birthday celebration. For me. It's at moments like these when you wonder how you could ever have thought that the world was a less-than-wonderful place to live in, when you want to sniffle and forgive your best friend for all the times she ever copied what you were wearing, and other similar unforgivable offences.
Granted, my 16th birthday was a while away - I think she was under the impression that it was on the day of the cruise. But she had the month right, which she hasn't for the past four years. And no teenager says no to some admirably crafted chocolate cake a waiter has plonked down in front of her, no matter what time of the year it is.
I then proceeded to dive under the table as flashes of light started going off in my astounded face, emerging only when they all reassured me that they'd put the camera away. Everyone on the dhow was staring at me. All I could do was mutter, over and over: "Earth, just swallow me now." We stuffed our faces, hugged, hugged again and kept coming back for more hugs.
Jasleen had put quite a bit of effort into this: there was a present for me, too, which I ripped open immediately. It was a lovely handbag. (Bags and shoes: things a girl can never have too many of.) I gave her another hug for that.
The people at the other tables had resumed eating and everything quickly went back to normal, but in plain Shakespearean: to we few, we happy few, we band of… well, BFFs I suppose… the stars seemed to shine just a bit brighter.
We are a soppy lot.
The writer is a 16-year-old student in Dubai
Company profile
Name: Back to Games and Boardgame Space
Started: Back to Games (2015); Boardgame Space (Mark Azzam became co-founder in 2017)
Founder: Back to Games (Mr Azzam); Boardgame Space (Mr Azzam and Feras Al Bastaki)
Based: Dubai and Abu Dhabi
Industry: Back to Games (retail); Boardgame Space (wholesale and distribution)
Funding: Back to Games: self-funded by Mr Azzam with Dh1.3 million; Mr Azzam invested Dh250,000 in Boardgame Space
Growth: Back to Games: from 300 products in 2015 to 7,000 in 2019; Boardgame Space: from 34 games in 2017 to 3,500 in 2019
Tamkeen's offering
- Option 1: 70% in year 1, 50% in year 2, 30% in year 3
- Option 2: 50% across three years
- Option 3: 30% across five years
Ferrari 12Cilindri specs
Engine: naturally aspirated 6.5-liter V12
Power: 819hp
Torque: 678Nm at 7,250rpm
Price: From Dh1,700,000
Available: Now
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.”
A little about CVRL
Founded in 1985 by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, the Central Veterinary Research Laboratory (CVRL) is a government diagnostic centre that provides testing and research facilities to the UAE and neighbouring countries.
One of its main goals is to provide permanent treatment solutions for veterinary related diseases.
The taxidermy centre was established 12 years ago and is headed by Dr Ulrich Wernery.
EA Sports FC 26
Publisher: EA Sports
Consoles: PC, PlayStation 4/5, Xbox Series X/S
Rating: 3/5
UAE currency: the story behind the money in your pockets
The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
BMW M5 specs
Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor
Power: 727hp
Torque: 1,000Nm
Transmission: 8-speed auto
Fuel consumption: 10.6L/100km
On sale: Now
Price: From Dh650,000
The%20specs
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Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
The specs
Price, base / as tested Dh12 million
Engine 8.0-litre quad-turbo, W16
Gearbox seven-speed dual clutch auto
Power 1479 @ 6,700rpm
Torque 1600Nm @ 2,000rpm 0-100kph: 2.6 seconds 0-200kph: 6.1 seconds
Top speed 420 kph (governed)
Fuel economy, combined 35.2L / 100km (est)
Defined benefit and defined contribution schemes explained
Defined Benefit Plan (DB)
A defined benefit plan is where the benefit is defined by a formula, typically length of service to and salary at date of leaving.
Defined Contribution Plan (DC)
A defined contribution plan is where the benefit depends on the amount of money put into the plan for an employee, and how much investment return is earned on those contributions.
MANDOOB
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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”.