Ask Ali: the significance of Qasr Al Hosn and can falcons fly on planes?



Dear Ali: Can you explain the significance of Qasr Al Hosn and the festival that is taking place in Abu Dhabi? Are non-Emiratis allowed to visit? SA, Al Ain

Dear SA: Qasr Al Hosn means “The Defence Palace”. The Qasr Al Hosn Festival represents the importance and powerful status that this building has carried over the years to the people of the Bani Yas tribe and rulers of the emirate of Abu Dhabi.

Its significance comes originally from being the symbolic birthplace of our beloved capital. It hosted the royal family of Al Nahyan for many generations and was the first permanent structure built in the capital.

It was built around the 1760s and it’s made from coral and sea stone, since it’s very near the coast and on an island.

Sheikh Dhiyab bin Isa, the sheikh of the Bani Yas tribe during that period, was the person who built the fort. It had a very important purpose, which was to protect the resources of fresh water on the island and that was the reason for building the first tower, which was a watchtower.

More and more people started to relocate to live near the watchtower and, with time, the settlement was transformed into an impenetrable fort.

The festival is a great initiative to raise awareness about our history, heritage and rich traditions and culture that represents not just Abu Dhabi’s people and traditions but the whole UAE’s rich culture. Our beloved Sheikh Zayed, the founding President of the UAE, set such a great example by embracing both our tribal past and the modern lifestyle as part of our culture. During the time that he led our country, he was aware of our abilities as a nation and the challenges we would face.

The Government continues to support our nation in a positive way by enforcing many initiatives to make sure that we always keep in mind how important it is to stick to our traditions. The festival brings the past to life, not just for Emiratis but for everyone who lives in the UAE, so every expat is encouraged to visit, learn, enjoy and appreciate the festival.

Dear Ali: I’ve heard an urban legend that Gulf Arabs are allowed to bring their falcons on airplanes with them. Is this true? DJ, Muscat

Dear DJ: You must book ahead and there is a cost, but, yes, many Gulf-based airlines allow falcons on planes. The birds must have passports and certificates of health.

As I’m sure you’re aware, falcons hold a place in our hearts. Without them, our forefathers might very well have starved to death in the harsh desert landscape. Even though we no longer need the birds to help procure food, they’re an integral part of Gulf culture.

You will see them at festivals, exhibitions and sporting events. There are even special hospitals in the Gulf dedicated to preserving falcons. Because they are so prized – a top falcon sells for up to US$1 million (Dh3.67m) – we pay particular attention to breeding.

A wild falcon found in the Gulf region could be immigrating from Asia; others might be coming from Germany; others could originate in Arabia. We used to reach other countries by boat or by camel, but now we travel in style by air. And if we travel in style, so must our trusty companions.

This might alarm passengers who are not used to it, but I can assure you that it’s not dangerous, because the falcons are in their masters’ presence. Since falcons rely on their incredible eyesight for hunting, we put a little leather helmet over their heads to calm them.

The most comfortable thing for the bird is to allow it to sit on the armrest or a side table.

And if you ask to take a picture with it or pet it, that should be fine with the falcon owner.

Ali Al Saloom is a cultural adviser and public speaker from the UAE. Follow @AskAli on Twitter, and visit www.ask-ali.com to ask him a question and to find his guidebooks to the UAE, priced at Dh50.

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Our Time Has Come
Alyssa Ayres, Oxford University Press

Dust and sand storms compared

Sand storm

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  • Duration: Short-lived, typically localised
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  • Source: Open desert areas with strong winds

Dust storm

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  • Visibility: Hazy skies but less intense
  • Duration: Can linger for days
  • Travel distance: Long-range, up to thousands of kilometres
  • Source: Can be carried from distant regions
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Schedule
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Company%20profile
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A new relationship with the old country

Treaty of Friendship between the United Kingdom of Great Britain and Northern Ireland and the United Arab Emirates

The United kingdom of Great Britain and Northern Ireland and the United Arab Emirates; Considering that the United Arab Emirates has assumed full responsibility as a sovereign and independent State; Determined that the long-standing and traditional relations of close friendship and cooperation between their peoples shall continue; Desiring to give expression to this intention in the form of a Treaty Friendship; Have agreed as follows:

ARTICLE 1 The relations between the United Kingdom of Great Britain and Northern Ireland and the United Arab Emirates shall be governed by a spirit of close friendship. In recognition of this, the Contracting Parties, conscious of their common interest in the peace and stability of the region, shall: (a) consult together on matters of mutual concern in time of need; (b) settle all their disputes by peaceful means in conformity with the provisions of the Charter of the United Nations.

ARTICLE 2 The Contracting Parties shall encourage education, scientific and cultural cooperation between the two States in accordance with arrangements to be agreed. Such arrangements shall cover among other things: (a) the promotion of mutual understanding of their respective cultures, civilisations and languages, the promotion of contacts among professional bodies, universities and cultural institutions; (c) the encouragement of technical, scientific and cultural exchanges.

ARTICLE 3 The Contracting Parties shall maintain the close relationship already existing between them in the field of trade and commerce. Representatives of the Contracting Parties shall meet from time to time to consider means by which such relations can be further developed and strengthened, including the possibility of concluding treaties or agreements on matters of mutual concern.

ARTICLE 4 This Treaty shall enter into force on today’s date and shall remain in force for a period of ten years. Unless twelve months before the expiry of the said period of ten years either Contracting Party shall have given notice to the other of its intention to terminate the Treaty, this Treaty shall remain in force thereafter until the expiry of twelve months from the date on which notice of such intention is given.

IN WITNESS WHEREOF the undersigned have signed this Treaty.

DONE in duplicate at Dubai the second day of December 1971AD, corresponding to the fifteenth day of Shawwal 1391H, in the English and Arabic languages, both texts being equally authoritative.

Signed

Geoffrey Arthur  Sheikh Zayed

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  • 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

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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