1001 Arabian Bites: Are adults the biggest children of food foibles?



In her book Cooking for Mr Latte, Amanda Hesser recalls an incident at a dinner party to which she has brought some delicious-sounding hors d'oeuvres. Her PBJs – triangles of buttery bread spread with foie-gras mousse and tart berry jam – wryly reference her contribution's resemblance to humdrum peanut butter and jam sandwiches. Hesser was proud of her creation. But when the hosts' 3-year-old daughter bit into one, "she opened her mouth up wide so as not to chew any more of the offensive substance and started to sob".

When I think of the stuff that children will willingly put in their mouths, most kids’ menus seem puerile by comparison; an insult better suited, perhaps, to accommodating the whims of an inner child whose cravings have been reduced to mere scapegoat. The image of a child reaching for a familiar item amid a spread of novel offerings is an admissible one indeed, although I often question whether we underestimate children just to make ourselves feel better about our own biased, finicky natures.

Our forgiving attitudes towards riffs on classic dishes would certainly explain the blandness of most kids’ menus. After two months of being on the road and alternating between restaurant food and partially frozen energy bars kept in the glove compartment, I miss cooking above all else. But as someone who rarely eats out when at home, I have gained some insight into trends that I had no idea existed before now.

When was the last time you saw a 4-year-old grow elated at the sight of a gratin dish bubbling with macaroni and cheese? No amount of truffle oil makes this an adult dish but, more often than not, it’s adults who are ordering the plainest food on the menu, expecting something that is equal parts exceptional and photographable enough to blog about. The fussiest eaters that I know are fully grown ones – physically, anyway.

I don’t know many kids who swoon at the thought of a dinner of rice pudding, but I do know a few adults whose inner children embrace the idea. There are restaurants entirely devoted to certain “comfort food” basics on which it’s become acceptable to base entire meals.

Ultimately, the notion of comfort food, which includes certain socially neutral classics, is a contrivance made by (and for) adults. If youth is wasted on the young, it’s only because the young have yet to figure out how to sign a credit-card receipt, before it’s driven by the prejudices and proclivities that can run or simply ruin a young mind. A playful streak goes a long way in any economy.

In late 2011, Grant Achatz and Nick Kokonas of the Chicago restaurant Next found a way to capitalise most poetically on their own nostalgia through a coursed menu with a theme of “childhood”. Well before then, fine-dining establishments in the UAE and elsewhere had developed a reputation for encouraging diners to play with their food.

This led to curious personal discoveries, such as a rash of dishes all containing pop rocks, but more importantly, it lightened the mood in dining rooms and made it permissible for people to express wonder or delight without intimidation. Still, the concept of overly enriched childhood classics is getting a little old. And so are we.

Nouf Al-Qasimi is an Emirati food analyst who cooks and writes in New Mexico

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.”

Paatal Lok season two

Directors: Avinash Arun, Prosit Roy 

Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong

Rating: 4.5/5

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COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
MATCH INFO

Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid

When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid

Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
Electric scooters: some rules to remember
  • Riders must be 14-years-old or over
  • Wear a protective helmet
  • Park the electric scooter in designated parking lots (if any)
  • Do not leave electric scooter in locations that obstruct traffic or pedestrians
  • Solo riders only, no passengers allowed
  • Do not drive outside designated lanes
UAE WARRIORS RESULTS

Featherweight

Azouz Anwar (EGY) beat Marcelo Pontes (BRA)

TKO round 2

Catchweight 90kg

Moustafa Rashid Nada (KSA) beat Imad Al Howayeck (LEB)

Split points decision

Welterweight

Gimbat Ismailov (RUS) beat Mohammed Al Khatib (JOR)

TKO round 1

Flyweight (women)

Lucie Bertaud (FRA) beat Kelig Pinson (BEL)

Unanimous points decision

Lightweight

Alexandru Chitoran (ROU) beat Regelo Enumerables Jr (PHI)

TKO round 1

Catchweight 100kg

Marc Vleiger (NED) beat Mohamed Ali (EGY)

Rear neck choke round 1

Featherweight

James Bishop (NZ) beat Mark Valerio (PHI)

TKO round 2

Welterweight

Abdelghani Saber (EGY) beat Gerson Carvalho (BRA)

TKO round 1

Middleweight

Bakhtiyar Abbasov (AZE) beat Igor Litoshik (BLR)

Unanimous points decision

Bantamweight

Fabio Mello (BRA) beat Mark Alcoba (PHI)

Unanimous points decision

Welterweight

Ahmed Labban (LEB) v Magomedsultan Magomedsultanov (RUS)

TKO round 1

Bantamweight

Trent Girdham (AUS) beat Jayson Margallo (PHI)

TKO round 3

Lightweight

Usman Nurmagomedov (RUS) beat Roman Golovinov (UKR)

TKO round 1

Middleweight

Tarek Suleiman (SYR) beat Steve Kennedy (AUS)

Submission round 2

Lightweight

Dan Moret (USA) v Anton Kuivanen (FIN)

TKO round 2