"Stereotypes stem from truths," I'm often told.
But do they?
Or have certain assumptions been so persistently perpetuated that they've somehow become real in people’s minds?
When we meet someone for the first time, most of us will, knowingly or not, make a snap judgment. Some people may base their initial take on demeanour, behaviour or tone of voice.
We desperately need to change the way we think about each other
Others may use age, gender or even the colour of someone's skin to determine what to make of that person.
But what do we ever really know about each other on first meeting?
Humans are so complex it takes us a lifetime to get to know ourselves, never mind each other.
While what is happening around the world surrounding George Floyd's tragic death hopefully signals major societal change on the horizon when it comes to issues of race, the real shift needs to come from within each and every one of us. We desperately need to change the way we think about each other.
That includes everyone, everywhere. Because, let's face it, no country is devoid of racism in its many, many insidious guises.
We can protest, share posts on Instagram, donate money and read all the race-related books we want, but if we don’t start first with our own mindsets, then how can real change truly be achieved?
Even if you think of yourself as anti-racist, we all still have work to do. We can still challenge any underlying and unseen prejudices we might harbour every single day.
I believe this all starts with the battle against stereotypes.
As a white person who grew up in the Middle East, around people from so many different backgrounds, I’ve been surrounded by and even subjected to my fair share of unfair labelling.
While the majority of us already blast the major, clearly offensive stereotypes, I truly believe that even the seemingly innocuous, “positive” labels are damaging and reductive.
American director, writer and actor Jordan Peele emphasised this so well in his hit 2017 horror film Get Out. Without giving away too many spoilers, the plot depicted, in an albeit exaggerated way, the dangers of fetishising traits that are commonly associated with the black community – for example, athletic prowess and great physique.
You might think someone might like to hear about all the “great” things “their people” are known for – but all that does is alienate someone, casting them as the “other” or at least different to you. And there is no way every single person from an entire country or race can be one thing.
As a woman, I always flinch when any sentence begins, “Women are …” or any version of that. Whether you’re saying, “women are bad at driving” or “women love the colour pink” or even “women are great listeners”, rightly or wrongly, I don’t believe females are, do or love anything specific.
I dislike pink, my husband is a much better listener than I am and I like to think I’m alright at driving, thank you very much.
Our obsession with labelling only feeds into our fears of the unknown
As someone with no siblings, another one that gets my goat is “but you don’t seem like an only child”. What’s that supposed to mean?
When we start hearing stereotypes repeated to us from a young age, the danger is that they start to gain power. For years we’ve battled against the idea that men are better than women in a work setting and in America people still fight the perception that tall, black men are a threat to society. For as many years, people have believed it, too.
But our obsession with labelling only feeds into our fears of the unknown. Sure, some of us may have had a stereotype proven right to us, but every single one of us will have had plenty more proven wrong.
American cultural anthropologist Margaret Mead once said: “Instead of being presented with stereotypes by age, sex, colour, class or religion, children must have the opportunity to learn that, within each range, some people are loathsome and some are delightful.”
Ain’t that the truth.
We need to stop trying to find a “formula”, and start to understand that life – and people – are mysterious and multifaceted. And that some things are simply beyond our control.
By accepting that, and letting go of these outdated beliefs, we can allow people to be exactly who they are.
I, for one, believe our world will be much better for it.
UAE currency: the story behind the money in your pockets
Company%20Profile
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EDirect%20Debit%20System%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%20Sept%202017%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%20with%20a%20subsidiary%20in%20the%20UK%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20FinTech%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20Undisclosed%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Elaine%20Jones%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%208%3Cbr%3E%3C%2Fp%3E%0A
Dust and sand storms compared
Sand storm
- Particle size: Larger, heavier sand grains
- Visibility: Often dramatic with thick "walls" of sand
- Duration: Short-lived, typically localised
- Travel distance: Limited
- Source: Open desert areas with strong winds
Dust storm
- Particle size: Much finer, lightweight particles
- 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
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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SERIE A FIXTURES
Saturday (All UAE kick-off times)
Cagliari v AC Milan (6pm)
Lazio v Napoli (9pm)
Inter Milan v Atalanta (11.45pm)
Sunday
Udinese v Sassuolo (3.30pm)
Sampdoria v Brescia (6pm)
Fiorentina v SPAL (6pm)
Torino v Bologna (6pm)
Verona v Genoa (9pm)
Roma V Juventus (11.45pm)
Parma v Lecce (11.45pm)