eFor the past few years, veganism has undoubtedly been on the rise. In January, a record 500,000 people signed up for the annual Veganuary campaign, which challenges participants to only eat plant-based foods for a month. That’s double the number of people who pledged in 2019.
In the UK, one in four Britons actively cut back on animal products in the pandemic, according to a report by The Vegan Society called Changing Diets During the Covid-19 Pandemic. Meanwhile, non-meat substitutes boomed, with global alternative protein companies receiving $3.1 billion in disclosed investments in 2020, according to the Good Food Institute.
With this rising interest, there’s also unsurprisingly been an increase in scrutiny of the diet, with many saying it’s too difficult, unenjoyable and expensive.
How expensive is vegan food?
Most vegans are quick to say it’s a myth that they spend more money than their meat-eating counterparts – but is it?
“It really depends how you shop,” says business owner Ananda Shakespeare, who has never eaten meat, fish or eggs in her life. “If you’re buying organic or readymade food, prices can be high, but if you shop at markets or cheaper supermarkets, it is cheaper.
“I was brought up by a single mother and our income was low, but everything was made from scratch and extremely cheaply, while also being healthy.”
Shakespeare says it’s easy for costs to mushroom when people start buying meat alternatives, as more processed replacement foods tend to be pricier. A review of the products available on local e-store Kibsons shows a pack of two Beyond Meat burgers costs Dh35, while a pack of four lentil burgers costs Dh14.75. Four beef patties from New Zealand cost Dh26.25, while four of Angus beef from the US cost Dh48.
That’s in the UAE, though, where food is often more expensive as it’s imported. In the UK, however, where there’s a push for more affordable, seasonal and local produce, a recent study by data analytics company Kantar suggests vegans spend on average 40 per cent less on food than omnivores, and that meals take one-third less time to create.
Dubai resident Emily Evans, whose husband and 19-month-old son are also vegan, says it’s easy to go overboard when you’re buying faux meat products. “I don’t think it’s cheap. I think people who say it can be done cheaply aren’t wrong, but I don’t think it’s as simple as that. Yes, fruit and veg – if you buy seasonal, local produce at a market – and store staples such as rice and pasta, are cheap. However, nowadays, with so many amazing vegan products out there – burgers, ice cream, cheese, etc – living off carbs and veg doesn’t seem to cut it any more.”
While Evans and her partner, who both work full-time, have recently opted for a vegan meal plan by a local catering company, she says her previous grocery bills could often rack up to about Dh1,500 per week. “The fake meat isn’t cheap,” she admits. “One brand of sausages is Dhs45 for two, while another brand is Dhs26 for six. So I guess like anything you need to shop around and don’t buy the most expensive stuff, or save that for a treat.”
Shakespeare, on the other hand, who has also opted for a meal plan owing to her busy lifestyle, says a weekly grocery shop for one doesn’t have to cost much more than Dh200 per week. That’s if you’re sticking to a wholefoods, plant-based diet, which relies on ingredients such as fruit, vegetables, grains, pulses, legumes, nuts and more.
A wholefoods, plant-based diet
“Some of the easiest and cheapest vegan recipes are what we call in Egypt ‘ordeehi’ recipes, which are simple, usually bean-based, working-class meals,” says Nada El Barshoumi, who runs the food blog One Arab Vegan.
“In fact, both of the national dishes in Egypt, koshary – a mix of rice, pasta, legumes, fried onions and a spicy tomato sauce – and ful medames – mashed fava beans made for breakfast – are entirely vegan and very budget-friendly.”
One of El Barshoumi’s go-to meals that’s “light on the pocket” is a bowl. “I always use this formula: a grain, a green and a protein, plus toppings. For example, some brown rice, whatever fresh greens that are locally sold near me, chickpeas, and I add on whatever fresh or roasted veggies I have on hand.”
Shakespeare says good, affordable meals she’ll often make include jacket potatoes, beans on toast, dal, curries, pasta, roasted vegetables, soups and sandwiches.
Evans similarly relies on beans and toast, but also highly recommends stir-fry. “It’s one of those meals you can make with what seems like anything. You can add any veg you have leftover in your fridge, some tofu if you have it, but if not, all vegetables works well, too. Add some soy sauce and rice or noodles, and that’s it. So simple and easy yet super-delicious and cheap.”
For anyone who is thinking of making the switch, there are tricks to keeping costs down, so that you actually save instead of splurge. For example, shop in more reasonably priced supermarkets, says Shakespeare.
“Make one dish go further – a hearty kidney bean stew is equally nice with veg, rice or pasta. If you’re time-poor, make a batch at the weekend and freeze it. If you have time to spare, make your own hummus, buy dry pulses and soak them. There are plenty of ways to eat ethically while being equally kind to your wallet.”
El Barshoumi, who has written an entire blog post on the subject, advises buying local and in bulk, treating speciality foods as a treat, and she says we shouldn’t be afraid to substitute obscure ingredients in recipes for something more simple, or omit the ingredient altogether. “If I had a dollar for every time I went out to buy an obscure, expensive ingredient for a recipe, I probably would’ve made all my money back. If your recipe calls for raw apple cider vinegar or nama shoyu sauce and you don’t have it, just leave it out or substitute with something similar.”
Evans says it’s also worth doing some research into what’s in season. “Find your local fruit and veg market and buy from there rather than a shop. It’s almost always drastically cheaper.”
A mark of privilege?
Veganism is not only about food, though, Evans points out, as ethical vegans also eschew any toiletries, household products and even clothes that have involved animals in the production process. “If you want to go more in-depth and look at veganism as a whole, then I would be inclined to say it’s for the rich. Toiletries and household products, for instance, can be incredibly cheap, but vegan versions aren’t. It’s almost as if you have to pay more to be kinder to the world, environment and animals. If it’s vegan, it’s more often than not also organic, free of any nasties, and environmentally friendly, which is amazing, but it comes with a price tag.”
Alongside criticism of costs, many also say veganism is a mark of privilege, as in poverty-stricken countries people might not have the education or choice to opt for such as a diet.
El Barshoumi agrees with this, to an extent. “We can’t talk about a fair and equitable world without addressing the role that privilege plays when it comes to the awareness and understanding around a plant-based diet,” she says. “At the end of the day, even though rice, beans and vegetables cost a fraction of more traditional animal-based ingredients, we pay a high proverbial price to gain access to research, books, documentaries – and even more tolerant societies – that make a strong case for a vegan diet as a healthier one.
“That being said, I believe it’s up to those who are more privileged – myself included – to exercise compassion and understanding towards those who are reluctant to adopt or even understand veganism. It’s a very elitist and small-minded perspective to adopt, in my opinion.”
Evans echoes these sentiments. “I think I’m very privileged to be able to live a vegan lifestyle, as I know not everyone can. I truly believe most of the people on this planet could go vegan and the world would be a better place for it, but there are lots of people who don’t have a choice about what they eat. Many people in the world don’t have access to fruit and vegetables, let alone fake meat and cheese. So many people in the world don’t even have access to fresh drinking water, which is absolutely barbaric and shocking and incomprehensible.”
Whether veganism is a mark of privilege or not doesn’t matter, though, says Evans. “If you can go vegan, you should. If you can’t, then the world needs to change because everyone should be able to make that choice for themselves.”
Shakespeare says: “Every single person who is vegan makes a difference. According to the vegan calculator, in my lifestyle, I’ve saved over 17,000 animals from death, over 19 million gallons of water, 520,000 square feet of rainforest and more than 694,000 pounds of grain.
“Even if you go vegan one night a week, one day a week or slowly transition to being vegetarian or vegan over time, you are making a different to making our planet one of more compassion.”
BULKWHIZ PROFILE
Date started: February 2017
Founders: Amira Rashad (CEO), Yusuf Saber (CTO), Mahmoud Sayedahmed (adviser), Reda Bouraoui (adviser)
Based: Dubai, UAE
Sector: E-commerce
Size: 50 employees
Funding: approximately $6m
Investors: Beco Capital, Enabling Future and Wain in the UAE; China's MSA Capital; 500 Startups; Faith Capital and Savour Ventures in Kuwait
Gulf Under 19s final
Dubai College A 50-12 Dubai College B
The%20specs
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The Perfect Couple
Starring: Nicole Kidman, Liev Schreiber, Jack Reynor
Creator: Jenna Lamia
Rating: 3/5
COMPANY%20PROFILE
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WHAT IS A BLACK HOLE?
1. Black holes are objects whose gravity is so strong not even light can escape their pull
2. They can be created when massive stars collapse under their own weight
3. Large black holes can also be formed when smaller ones collide and merge
4. The biggest black holes lurk at the centre of many galaxies, including our own
5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed
DRIVERS' CHAMPIONSHIP STANDINGS
1. Sebastian Vettel (Ferrari) 171 points
2. Lewis Hamilton (Mercedes-GP) 151
3. Valtteri Bottas (Mercedes-GP) 136
4. Daniel Ricciardo (Red Bull Racing) 107
5. Kimi Raikkonen (Ferrari) 83
6. Sergio Perez (Force India) 50
7. Max Verstappen (Red Bull Racing) 45
8. Esteban Ocon (Force India) 39
9. Carlos Sainz (Torro Rosso) 29
10. Felipe Massa (Williams) 22
First Person
Richard Flanagan
Chatto & Windus
Tamkeen's offering
- Option 1: 70% in year 1, 50% in year 2, 30% in year 3
- Option 2: 50% across three years
- Option 3: 30% across five years
UAE tour of Zimbabwe
All matches in Bulawayo
Friday, Sept 26 – UAE won by 36 runs
Sunday, Sept 28 – Second ODI
Tuesday, Sept 30 – Third ODI
Thursday, Oct 2 – Fourth ODI
Sunday, Oct 5 – First T20I
Monday, Oct 6 – Second T20I
Killing of Qassem Suleimani
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.”
Results
- Brock Lesnar retained the WWE Universal title against Roman Reigns
- Braun Strowman and Nicolas won the Raw Tag Team titles against Sheamus and Cesaro
- AJ Styles retained the WWE World Heavyweight title against Shinsuke Nakamura
- Nia Jax won the Raw Women’s title against Alexa Bliss
- Daniel Bryan and Shane McMahon beat Kevin Owens and Sami Zayn
- The Undertaker beat John Cena
- The Bludgeon Brothers won the SmackDown Tag Team titles against the Usos and New Day
- Ronda Rousey and Kurt Angle beat Triple H and Stephanie McMahon
- Jinder Mahal won the United States title against Randy Orton, Rusev and Bobby Roode
- Charlotte retained the SmackDown Women’s title against Asuka
- Seth Rollins won the Intercontinental title against The Miz and Finn Balor
- Naomi won the first WrestleMania Women’s Battle Royal
- Cedric Alexander won the vacant Cruiserweight title against Mustafa Ali
- Matt Hardy won the Andre the Giant Battle Royal
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
UAE currency: the story behind the money in your pockets
UAE v Gibraltar
What: International friendly
When: 7pm kick off
Where: Rugby Park, Dubai Sports City
Admission: Free
Online: The match will be broadcast live on Dubai Exiles’ Facebook page
UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)
History's medical milestones
1799 - First small pox vaccine administered
1846 - First public demonstration of anaesthesia in surgery
1861 - Louis Pasteur published his germ theory which proved that bacteria caused diseases
1895 - Discovery of x-rays
1923 - Heart valve surgery performed successfully for first time
1928 - Alexander Fleming discovers penicillin
1953 - Structure of DNA discovered
1952 - First organ transplant - a kidney - takes place
1954 - Clinical trials of birth control pill
1979 - MRI, or magnetic resonance imaging, scanned used to diagnose illness and injury.
1998 - The first adult live-donor liver transplant is carried out
UAE currency: the story behind the money in your pockets
Hamilton profile
Age 32
Country United Kingdom
Grands Prix entered 198
Pole positions 67
Wins 57
Podiums 110
Points 2,423
World Championships 3
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
5 of the most-popular Airbnb locations in Dubai
Bobby Grudziecki, chief operating officer of Frank Porter, identifies the five most popular areas in Dubai for those looking to make the most out of their properties and the rates owners can secure:
• Dubai Marina
The Marina and Jumeirah Beach Residence are popular locations, says Mr Grudziecki, due to their closeness to the beach, restaurants and hotels.
Frank Porter’s average Airbnb rent:
One bedroom: Dh482 to Dh739
Two bedroom: Dh627 to Dh960
Three bedroom: Dh721 to Dh1,104
• Downtown
Within walking distance of the Dubai Mall, Burj Khalifa and the famous fountains, this location combines business and leisure. “Sure it’s for tourists,” says Mr Grudziecki. “Though Downtown [still caters to business people] because it’s close to Dubai International Financial Centre."
Frank Porter’s average Airbnb rent:
One bedroom: Dh497 to Dh772
Two bedroom: Dh646 to Dh1,003
Three bedroom: Dh743 to Dh1,154
• City Walk
The rising star of the Dubai property market, this area is lined with pristine sidewalks, boutiques and cafes and close to the new entertainment venue Coca Cola Arena. “Downtown and Marina are pretty much the same prices,” Mr Grudziecki says, “but City Walk is higher.”
Frank Porter’s average Airbnb rent:
One bedroom: Dh524 to Dh809
Two bedroom: Dh682 to Dh1,052
Three bedroom: Dh784 to Dh1,210
• Jumeirah Lake Towers
Dubai Marina’s little brother JLT resides on the other side of Sheikh Zayed road but is still close enough to beachside outlets and attractions. The big selling point for Airbnb renters, however, is that “it’s cheaper than Dubai Marina”, Mr Grudziecki says.
Frank Porter’s average Airbnb rent:
One bedroom: Dh422 to Dh629
Two bedroom: Dh549 to Dh818
Three bedroom: Dh631 to Dh941
• Palm Jumeirah
Palm Jumeirah's proximity to luxury resorts is attractive, especially for big families, says Mr Grudziecki, as Airbnb renters can secure competitive rates on one of the world’s most famous tourist destinations.
Frank Porter’s average Airbnb rent:
One bedroom: Dh503 to Dh770
Two bedroom: Dh654 to Dh1,002
Three bedroom: Dh752 to Dh1,152