• Courtesy Tamsin Anderson
    Courtesy Tamsin Anderson
  • Pawan Singh / The National
    Pawan Singh / The National
  • Silvia Razgova / The National
    Silvia Razgova / The National
  • Pawan Singh / The National
    Pawan Singh / The National
  • Courtesy Ferrari World
    Courtesy Ferrari World
  • Courtesy Emaar Properties
    Courtesy Emaar Properties
  • Pawan Singh / The National
    Pawan Singh / The National
  • Reem Mohammed / The National
    Reem Mohammed / The National
  • Antonie Robertson / The National
    Antonie Robertson / The National
  • Jeff Topping / The National
    Jeff Topping / The National

Make the most of UAE’s long weekend with these family-friendly ideas


  • English
  • Arabic

Looking for something to do with your family this weekend? Jessica Hill has 11 ideas that are reasonably priced, fun and suitable for everybody.

An old-fashioned adventure

If your children long to play in a treehouse, visit The Journey, an adventure playground park in Dubai. Good old-fashioned playtime pursuits abound in this sensory wonderland. There’s a mud kitchen, fountains, sand pit, rock pool, various climbing frames, and bows and arrows for archery, all with plenty of shade.

But be warned: finding information about The Journey is a mission in itself. While most attractions have jumped onto the multimedia bandwagon, the Journey has no functioning website, phone number or any social-media presence. You will find it just off Dubai’s Kite Beach, next to the skate park – 8 35A Street, Jumeirah 3, Park 2.

Our tip: There's only a vending machine for refreshments, so bring your own snacks. Older children will appreciate the neighbouring skate park.

Details: Dh30 per person for two hours, then Dh15 for every additional hour; or Dh60 for five hours. Cash only. Free for children ages 1 and below.

A wet adventure

Wadi Adventure in Al Ain is an ideal place for youngsters to try water-themed adventure sports. Activities include surfing, rafting, kayaking, zip-lining and wakeboarding. For younger children and those without nerves of steel, there’s a family pool and children’s splash area.

Tamsin Anderson, from the ­United ­Kingdom, has three children, ages 8, 11 and 13. “The mix of midsummer heat and active boys can sometimes be challenging, so we took them to Wadi ­Adventure”, she says. “We all had a total blast on the rafting and the air park. The combination of action and being kept cool in the water were the significant ingredients to the success of the trip.”

Our tip: Afterwards, drive to the nearby Green Mubazzarah park at the foot of ­Jebel Hafeet, and dip your feet in the hot springs.

Details: Adults Dh50, children Dh25 for entry; Dh25 to Dh150 for activities; or Dh195 for an adventure package; www.wadiadventure.ae

A wild watery day

Where’s the best place to be in this climate? We would say a water park, and the 30 rides and attractions at Wild Wadi, next to the Jumeirah Beach Hotel, pack in enough thrills to satisfy everyone in the family. “It’s smaller and more compact than Yas Waterworld, and without the smaller slides and fountains for babies and toddlers,” says Hatem ­Mostafa, an Egyptian who lives in Dubai. “But that’s made up for with its close-up views of the Burj Al Arab.”

If you can hold out until teatime to refuel, head to Mina a’Salam hotel next door for afternoon tea. The chefs there have come up with a children’s afternoon tea that features miniature meals made from sweet treats.

Our tip: At 2pm on Saturdays, families dining at the hotel are invited to meet the resident hawksbill turtles next to the ­Hanaaya restaurant, and learn about Jumeirah's turtle rehabilitation project. Children can also help feed the turtles their own "afternoon tea" of lettuce and carrots. There are also free turtle feedings and educational sessions every Wednesday at 11am and everyone is ­welcome.

Details: Wild Wadi's residents rate for people 1.1 metres and taller is Dh190, below 1.1 metres Dh145, and children ages 2 and under are free. Traditional and children's afternoon teas are served daily in Al ­Samar Lounge from 2pm to 6pm; Dh200 for adults and Dh100 for children; www.jumeirah.com

The mother of all parks

Last year, the gates reopened to the general public as the one attraction that Abu ­Dhabi had been lacking – a truly world-class park open to all.

Umm Al Emarat Park (formerly Mushrif Central Park) is now the favourite family spot for one British mum, Nicola ­Wakeling, founder of the Facebook page With the Kids, which gives tips on where to take children in the UAE.

“It’s so modern and calming,” says Wakeling, who lives in Abu Dhabi. “There’s loads to do, with a petting zoo, splash park, botanic garden and huge play areas, as well as lots of food treats around. We love the Salt van burgers, fries and lotus shakes, and the park’s ice cream is yummy, too.”

Wakeling adds that the highlight for her children, ages 3 and 6, is feeding the donkey, camel and llama.

The park hosts the Ripe Market every Saturday until May 14, from 4pm to 9pm, where you can shop for organic fruit and vegetables, and craft products. When it gets too hot, the children can cool off in the splash park area.

Children’s movies are screened on Thursdays, Fridays and Saturdays at 5.30pm and 7.30pm in the Children’s Garden.

Our tip: It's difficult to see the screen before the sun goes down, so we advise going for the second movie showing at 7.30pm.

Details: General admission to the park Dh5, free for children ages 3 and ­under; www.mushrifcentralpark.ae

Off on safari

The world’s largest man-made safari park has opened at Al Ain Zoo. Watch gazelles, zebras, giraffes, rhinos, ­Arabian oryx, sand cats and lions roaming around, from the comfort of an air-conditioned vehicle. The 217-hectare zoo extension also includes the spacious indoor Sheikh Zayed Desert Learning Centre, where families can see microscopic marine creatures through a magnifying glass and view the skeleton of a blue whale dug up in the UAE’s desert.

Ulrike Nuckley, from Austria, often drives from her home in Abu Dhabi to Al Ain Zoo with her husband and children, ages 17 months and 4. “I particularly like that the animals in the zoo look well-kept and have adequate space to roam about,” she says. “We love that the zoo entrance includes a ride on the little train. Feeding the giraffes is always a highlight, which we adults enjoy as much as the kids.”

Our tip: Book the safari before you arrive to avoid disappointment.

Details: Access to the zoo, desert learning centre and safari in a private four-wheel drive for up to six people costs Dh1,150, or Dh230 per person in a group truck; www.alainzoo.ae

Need for speed

Ferrari World feels like a giant advert for the sleek Italian carmaker, but the rides are high-tech, and the thrills, such as the world’s fastest rollercoaster, ­Formula Rossa, are what you would expect from a brand synonymous with fast cars. If you have been before, this summer is an opportune time to revisit, because the new expansion has several attractions that are now up and running. Top of the list of stomach-flippers is Flying Aces rollercoaster, which boasts the world’s tallest loop. There’s also the Karting ­Academy, and the ride Benno’s Great Race, in which you throw tomatoes, cut rope and hammer nails on giant screens using ­joysticks.

There’s also plenty to entertain the youngest visitors. Karen Kennedy, her husband and their four young children like Ferrari World so much that they have annual passes, and Kennedy’s husband often takes their children at the weekends. “He likes to relax with a coffee while the kids are in the soft play areas,” says the American mum, who lives in Abu Dhabi.

Our tip: Book the karting as soon as you arrive because it sells out quickly.

Details: Admission costs from Dh250 for adults, Dh205 for those under 1.3 metres tall, and free for under 3s; www.­ferrariworldabudhabi.com

All dressed up

KidZania at Dubai Mall is where children get to role play at being grown-ups for the day in an 80,000-square-foot mini city complete with Waitrose supermarket, TV station, bank, beauty salon and theatre. Children take 15- to 20-­minute "shifts" in jobs ranging from factory worker to dentist – they can even be journalists for The National. Each child starts with 50 KidZania bucks, then earns money in each of their jobs that can be spent on small knick-knacks at the gift shop. The newest activity, which launched last month, is crafting cookies and wafers at the Tiffany Cookie and Candy Station.

Our tip: A staff member tells us that KidZania gets quieter as the day progresses, so if you arrive in the morning, persuade the children to start with the least-popular activities and wait for the queues to die down before heading for the most popular ones, which include fire fighting, making Coca-Cola and being a paramedic.

Details: Children ages 2 to 3 Dh95, ages 4 to 16 Dh140, free for under 2s, and adults Dh95; www.kidzania.ae

A wild time

Arabia’s Wildlife Centre claims to be the only indoor zoological park in the ­Middle East, and is home to the world’s largest collection of Arabian wildlife, including leopards, gerbils and snakes.

The centre is located in Sharjah’s ­Desert Park, which also boasts the ­Natural History Museum, Botanical ­Museum and children’s farm and botanical garden – all for the same Dh15 entry fee (free for children).

Rafaela Panicker from Brazil, who lives in Abu Dhabi, says it’s a hidden gem. “I thought it was really well-maintained and clean, and they have a cafe with a great view. We loved the room with the birds – they just fly freely.”

Our tip: While in the emirate, check out the newly opened Al Noor Island in the Khalid Lagoon, which is home to a climate-­controlled butterfly house with 500 exotic butterflies, and walkways dotted with art and light installations, miniature gardens and a playground.

Details: Adults Dh50, children under 12 Dh30, free for children under 3; www.breedingcentresharjah.com

Food education

Want to teach your children where the food on their plates comes from? On ­Saturdays at IGR Company Farm, just off the E11 in Shahamah, you can now pick your own organic fruit and vegetables from giant fan-cooled greenhouses and gardens. The farm has up to 60 offerings, currently including melons, kale, broccoli, sweetcorn and onions. Every Saturday, the farmer Raghav Karnay runs an awareness programme for children. Visitors are provided with a woven basket and a guide to demonstrate the best way to pick the produce. Children can also enjoy a real egg hunt by finding the eggs in the chicken pen, and in the activity corner, they can plant maize, melon and pumpkin seeds in pots to take home.

Our tip: Get there early to beat the heat. The farm is near the new playground, cafes and restaurants at the back of ­Deerfields mall, where families can grab a bite to eat before heading home.

Details: The farm is open Saturdays from 7.30am until 4pm. All harvest must be paid for at the farm shop. Search for ­"IGRUAE" on Facebook or call Raghav Karnay on 056 685 4838.

A bright idea

Here’s an attraction worth glowing to. The 40-acre Dubai Garden Glow in ­Zabeel Park has 32 installations by 150 artists, including a miniature Burj ­Khalifa made from medicine bottles, plus robotic dinosaurs, and glowing elephants, frogs and flamingoes. There’s even a giant fairy-tale tree that talks to you. The newly opened sparkling garden area features half a million LED lights.

Amy Ferguson-Simpson from the UK visited last month with her husband and children ages 8, 5 and 3. “When handing over the entrance fee, it seemed quite expensive, but after spending four great hours there, it was definitely worth every penny,” she says. “The displays didn’t really have the wow factor at 4pm, but once the sun went down, it really came to life.”

Our tip: Tim Hortons cafe is a good vantage point for watching the acrobatics and light shows.

Details: Dh60 per person, free for under 3s. Open until May 15, then reopens in October; www.dubaigardenglow.com

Up, up and away

Families can hop to it at Bounce, a 20,000-square-foot trampoline park in Al Quoz, Dubai. Bounce has also opened a small section in Abu Dhabi’s Marina Mall, with a big bag area and 20 trampolines. But that’s just 10 per cent of the entire space that will be opening at the ­Marina Mall site just after Ramadan. Al Ain residents won’t miss out either because Bounce is also opening a trampoline park there this summer, while another trampoline company, Flip Out, will open a 40,000-square-foot venue – billed as a “trampoline city” – in Al Quoz. It’s a sport that parents and children can enjoy together. May Al Badi, an Emirati mum, is reluctant to get on the trampolines at Bounce with her two youngsters, ages 4 and 6, but admits her sister-in-law does. “With the music and the atmosphere at Bounce, the grown-ups can have fun as well as the kids. I like the fact that my kids are having a great time and at the same time they get really tired out,” she says.

Tip: Make sure you wear appropriate gear (for example, girls in leggings, not dresses), but don't worry about socks the first time you go – you're given special grip socks to wear. Bring your socks on following visits to receive Dh20 off the entry fee.

Details: Dh80 for the first session, Dh70 for children ages 3 to 5; www.bounce.ae

weekend@thenational.ae

Our legal consultant

Name: Dr Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

The British in India: Three Centuries of Ambition and Experience

by David Gilmour

Allen Lane

Super Bowl LIII schedule

What Super Bowl LIII

Who is playing New England Patriots v Los Angeles Rams

Where Mercedes-Benz Stadium in Atlanta, United States

When Sunday (start time is 3.30am on Monday UAE time)

 

Various Artists 
Habibi Funk: An Eclectic Selection Of Music From The Arab World (Habibi Funk)
​​​​​​​

England squad

Goalkeepers: Jordan Pickford, Nick Pope, Aaron Ramsdale 

Defenders: Trent Alexander-Arnold, Conor Coady, Marc Guehi, Reece James, Harry Maguire, Tyrone Mings, Luke Shaw, John Stones, Ben White

Midfielders: Jude Bellingham, Conor Gallagher, Mason Mount, Jordan Henderson, Declan Rice, James Ward-Prowse

Forwards: Tammy Abraham, Phil Foden, Jack Grealish, Harry Kane, Bukayo Saka, Emile Smith Rowe, Raheem Sterling

FIGHT%20CARD
%3Cp%3E%3Cstrong%3EFeatherweight%204%20rounds%3A%3C%2Fstrong%3E%3Cbr%3EYousuf%20Ali%20(2-0-0)%20(win-loss-draw)%20v%20Alex%20Semugenyi%20(0-1-0)%3Cbr%3E%3Cstrong%3EWelterweight%206%20rounds%3A%3C%2Fstrong%3E%3Cbr%3EBenyamin%20Moradzadeh%20(0-0-0)%20v%20Rohit%20Chaudhary%20(4-0-2)%3Cbr%3E%3Cstrong%3EHeavyweight%204%20rounds%3A%3C%2Fstrong%3E%3Cbr%3EYoussef%20Karrar%20(1-0-0)%20v%20Muhammad%20Muzeei%20(0-0-0)%3Cbr%3E%3Cstrong%3EWelterweight%206%20rounds%3A%3C%2Fstrong%3E%3Cbr%3EMarwan%20Mohamad%20Madboly%20(2-0-0)%20v%20Sheldon%20Schultz%20(4-4-0)%3Cbr%3E%3Cstrong%3ESuper%20featherweight%208%20rounds%3A%3C%2Fstrong%3E%3Cbr%3EBishara%20Sabbar%20(6-0-0)%20v%20Mohammed%20Azahar%20(8-5-1)%3Cbr%3E%3Cstrong%3ECruiseweight%208%20rounds%3A%3C%2Fstrong%3E%3Cbr%3EMohammed%20Bekdash%20(25-0-0)%20v%20Musa%20N%E2%80%99tege%20(8-4-0)%3Cbr%3E%3Cstrong%3ESuper%20flyweight%2010%20rounds%3A%3C%2Fstrong%3E%3Cbr%3ESultan%20Al%20Nuaimi%20(9-0-0)%20v%20Jemsi%20Kibazange%20(18-6-2)%3Cbr%3E%3Cstrong%3ELightweight%2010%20rounds%3A%3C%2Fstrong%3E%3Cbr%3EBader%20Samreen%20(8-0-0)%20v%20Jose%20Paez%20Gonzales%20(16-2-2-)%3C%2Fp%3E%0A
How%20to%20avoid%20getting%20scammed
%3Cul%3E%0A%3Cli%3ENever%20click%20on%20links%20provided%20via%20app%20or%20SMS%2C%20even%20if%20they%20seem%20to%20come%20from%20authorised%20senders%20at%20first%20glance%3C%2Fli%3E%0A%3Cli%3EAlways%20double-check%20the%20authenticity%20of%20websites%3C%2Fli%3E%0A%3Cli%3EEnable%20Two-Factor%20Authentication%20(2FA)%20for%20all%20your%20working%20and%20personal%20services%3C%2Fli%3E%0A%3Cli%3EOnly%20use%20official%20links%20published%20by%20the%20respective%20entity%3C%2Fli%3E%0A%3Cli%3EDouble-check%20the%20web%20addresses%20to%20reduce%20exposure%20to%20fake%20sites%20created%20with%20domain%20names%20containing%20spelling%20errors%3C%2Fli%3E%0A%3C%2Ful%3E%0A

Price, base / as tested From Dh173,775 (base model)
Engine 2.0-litre 4cyl turbo, AWD
Power 249hp at 5,500rpm
Torque 365Nm at 1,300-4,500rpm
Gearbox Nine-speed auto
Fuel economy, combined 7.9L/100km

Apple product price list

iPad Pro

11" - $799 (64GB)
12.9" - $999 (64GB)

MacBook Air 

$1,199

Mac Mini

$799

The specs

Engine: 2.0-litre 4-cyl, 48V hybrid

Transmission: eight-speed automatic

Power: 325bhp

Torque: 450Nm

Price: Dh359,000

On sale: now 

WITHIN%20SAND
%3Cp%3EDirector%3A%20Moe%20Alatawi%3C%2Fp%3E%0A%3Cp%3EStarring%3A%20Ra%E2%80%99ed%20Alshammari%2C%20Adwa%20Fahd%2C%20Muhand%20Alsaleh%3C%2Fp%3E%0A%3Cp%3ERating%3A%203%2F5%3C%2Fp%3E%0A
Classification of skills

A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation. 

A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.

The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000. 

The%20specs%20
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E2.0-litre%204cyl%20turbo%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E261hp%20at%205%2C500rpm%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E400Nm%20at%201%2C750-4%2C000rpm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E7-speed%20dual-clutch%20auto%0D%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%20%3C%2Fstrong%3E10.5L%2F100km%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENow%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh129%2C999%20(VX%20Luxury)%3B%20from%20Dh149%2C999%20(VX%20Black%20Gold)%3C%2Fp%3E%0A
What are the influencer academy modules?
  1. Mastery of audio-visual content creation. 
  2. Cinematography, shots and movement.
  3. All aspects of post-production.
  4. Emerging technologies and VFX with AI and CGI.
  5. Understanding of marketing objectives and audience engagement.
  6. Tourism industry knowledge.
  7. Professional ethics.
In numbers: China in Dubai

The number of Chinese people living in Dubai: An estimated 200,000

Number of Chinese people in International City: Almost 50,000

Daily visitors to Dragon Mart in 2018/19: 120,000

Daily visitors to Dragon Mart in 2010: 20,000

Percentage increase in visitors in eight years: 500 per cent

Venue: Sharjah Cricket Stadium

Date: Sunday, November 25

Skewed figures

In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458. 

Ferrari 12Cilindri specs

Engine: naturally aspirated 6.5-liter V12

Power: 819hp

Torque: 678Nm at 7,250rpm

Price: From Dh1,700,000

Available: Now

'Munich: The Edge of War'

Director: Christian Schwochow

Starring: George MacKay, Jannis Niewohner, Jeremy Irons

Rating: 3/5

Results

Stage Two:

1. Mark Cavendish (GBR) QuickStep-AlphaVinyl 04:20:45

2. Jasper Philipsen (BEL) Alpecin-Fenix

3. Pascal Ackermann (GER) UAE Team Emirates

4. Olav Kooij (NED) Jumbo-Visma

5. Arnaud Demare (FRA) Groupama-FDJ

General Classification:

1. Jasper Philipsen (BEL) Alpecin-Fenix 09:03:03

2. Dmitry Strakhov (RUS) Gazprom-Rusvelo 00:00:04

3. Mark Cavendish (GBR) QuickStep-AlphaVinyl 00:00:06

4. Sam Bennett (IRL) Bora-Hansgrohe 00:00:10

5. Pascal Ackermann (GER) UAE Team Emirates 00:00:12

Lowest Test scores

26 - New Zealand v England at Auckland, March 1955

30 - South Africa v England at Port Elizabeth, Feb 1896

30 - South Africa v England at Birmingham, June 1924

35 - South Africa v England at Cape Town, April 1899

36 - South Africa v Australia at Melbourne, Feb. 1932

36 - Australia v England at Birmingham, May 1902

36 - India v Australia at Adelaide, Dec. 2020

38 - Ireland v England at Lord's, July 2019

42 - New Zealand v Australia in Wellington, March 1946

42 - Australia v England in Sydney, Feb. 1888

Ordinary Virtues: Moral Order in a Divided World by Michael Ignatieff
Harvard University Press

Moon Music

Artist: Coldplay

Label: Parlophone/Atlantic

Number of tracks: 10

Rating: 3/5

FFP EXPLAINED

What is Financial Fair Play?
Introduced in 2011 by Uefa, European football’s governing body, it demands that clubs live within their means. Chiefly, spend within their income and not make substantial losses.

What the rules dictate?
The second phase of its implementation limits losses to €30 million (Dh136m) over three seasons. Extra expenditure is permitted for investment in sustainable areas (youth academies, stadium development, etc). Money provided by owners is not viewed as income. Revenue from “related parties” to those owners is assessed by Uefa's “financial control body” to be sure it is a fair value, or in line with market prices.

What are the penalties?
There are a number of punishments, including fines, a loss of prize money or having to reduce squad size for European competition – as happened to PSG in 2014. There is even the threat of a competition ban, which could in theory lead to PSG’s suspension from the Uefa Champions League.

RACECARD
%3Cp%3E5pm%3A%20Al%20Shamkha%20%E2%80%93%20Maiden%20(PA)%20Dh80%2C000%20(Turf)%201%2C400m%0D%3Cbr%3E5.30pm%3A%20Khalifa%20City%20%E2%80%93%20Handicap%20(PA)%20Dh80%2C000%20(T)%201%2C400m%0D%3Cbr%3E6pm%3A%20Masdar%20City%20%E2%80%93%20Handicap%20(PA)%20Dh80%2C000%20(T)%201%2C600m%0D%3Cbr%3E6.30pm%3A%20Wathba%20Stallions%20Cup%20%E2%80%93%20Handicap%20(PA)%20Dh70%2C000%20(T)%202%2C200m%0D%3Cbr%3E7pm%3A%20Emirates%20Championship%20%E2%80%93%20Group%201%20(PA)%20Dh1%2C000%2C000%20(T)%202%2C200m%0D%3Cbr%3E7.30pm%3A%20Shakbout%20City%20%E2%80%93%20Handicap%20(TB)%20Dh80%2C000%20(T)%202%2C400m%3C%2Fp%3E%0A

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.”

The specs: 2019 Cadillac XT4

Price, base: Dh145,000

Engine: 2.0-litre turbocharged in-line four-cylinder engine

Transmission: Nine-speed automatic

Power: 237hp @ 5,000rpm

Torque: 350Nm @ 1,500rpm

Fuel economy, combined: 8.7L / 100km

SPEC%20SHEET%3A%20SAMSUNG%20GALAXY%20S24%20ULTRA
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