Celebrations for Holi, the festival of colour, has now started with many Hindus celebrating the occasion around the world. The annual festival signifies the arrival of spring and the triumph of good over evil. Different countries around the world celebrate differently, although this year will once again be a more muted affair because of the pandemic.
How is Holi celebrated?
In different parts of India, where it’s a national holiday, Holi is adapted to various cultures. In the state of Uttar Pradesh, for instance, women playfully hurl sticks at men, who use shields to protect themselves.
In parts of Punjab, Holi fairs are held and can go on for days, while in the north-eastern state of Manipur, young people perform a group folk dance called thabal chongba on full Moon night, and celebrations usually last for six days. The fun and games with colours, however, is used everywhere.
Holi is also a big festival in Nepal, where it is a national holiday.
What is Holi?
The religious aspect of Holi has its origins in an age-old story, in which evil is embodied in the form of Hiranyakashipu, king of the demons, and his malicious sister, Holika. As a result of a divine blessing, the king cannot be killed by night or by day; on the ground or in the air; neither inside nor outdoors; and not by a weapon or by a proverb. The king arrogantly abuses this immunity by ordering his subjects to worship him alone and to forsake all other gods.
However, his pious son, Prahalad, continues to worship the god Vishnu in spite of his father's commands. Hiranyakashipu and Holika hatch all kinds of plans to kill Prahalad, and they fail every time. When it seems that neither poison, nor a herd elephants, nor a roomful of snakes can harm Prahalad, Holika lures him, through trickery, on to a burning pyre.
She possesses a magical cloak that protects her from the flames, but once in the sea of fire, the cloak miraculously ends up on Prahalad, leaving Holika to burn. Then Vishnu appears as an apparition (not a person, nor an animal), at twilight (neither day nor night) and tears at the king with his claws (neither a weapon nor a proverb), having pulled him on to his lap (not on the ground nor in air).
Holi also celebrates the New Year in the Hindu calendar, the start of spring and the new harvest. It begins on the day that the Northern Hemisphere tilts towards the sun, the date moving with the lunar calendar.
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Date started: early 2020
Founders: Khawla Hammad and Inas Abu Shashieh
Based: Abu Dhabi
Sector: HealthTech and wellness
Number of staff: 4
Funding to date: Bootstrapped
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Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
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