• 3 Fils, Dubai, UAE. Photo: 3 Fils
    3 Fils, Dubai, UAE. Photo: 3 Fils
  • Zuma, Dubai, UAE. Photo: Zuma
    Zuma, Dubai, UAE. Photo: Zuma
  • OCD Restaurant, Tel Aviv, Israel. Photo: OCD
    OCD Restaurant, Tel Aviv, Israel. Photo: OCD
  • Tresind Studio, Dubai, UAE. Photo: Tresind Studio
    Tresind Studio, Dubai, UAE. Photo: Tresind Studio
  • Sachi, Cairo, Egypt. Photo: Sachi
    Sachi, Cairo, Egypt. Photo: Sachi
  • Orfali Bros, Dubai, UAE. Photo: Orfali Bros
    Orfali Bros, Dubai, UAE. Photo: Orfali Bros
  • Fakhreldin, Amman, Jordan. Photo: Fakhreldin
    Fakhreldin, Amman, Jordan. Photo: Fakhreldin
  • LPM Restaurant & Bar, Dubai, UAE. Photo: LPM Restaurant & Bar
    LPM Restaurant & Bar, Dubai, UAE. Photo: LPM Restaurant & Bar
  • George & John, Tel Aviv, Israel. Photo: George & John
    George & John, Tel Aviv, Israel. Photo: George & John
  • Gaia, Dubai, UAE. Photo: Gaia
    Gaia, Dubai, UAE. Photo: Gaia
  • Il Borro Tuscan Bistro, Dubai, UAE. Photo: Il Borro Tuscan Bistro
    Il Borro Tuscan Bistro, Dubai, UAE. Photo: Il Borro Tuscan Bistro
  • Baron, Beirut, Lebanon. Photo: Baron
    Baron, Beirut, Lebanon. Photo: Baron
  • Coya, Dubai, UAE. Photo: Coya
    Coya, Dubai, UAE. Photo: Coya
  • HaBasta, Tel Aviv, Israel. Photo: HaBasta
    HaBasta, Tel Aviv, Israel. Photo: HaBasta
  • Myazu, Riyadh, Saudi Arabia. Photo: Myazu
    Myazu, Riyadh, Saudi Arabia. Photo: Myazu
  • Reif Kushiyaki, Dubai, UAE. Photo: Reif Kushiyaki
    Reif Kushiyaki, Dubai, UAE. Photo: Reif Kushiyaki
  • Animar, Tel Aviv, Israel. Photo: Animar
    Animar, Tel Aviv, Israel. Photo: Animar
  • Tresind, Dubai, UAE. Photo: Tresind
    Tresind, Dubai, UAE. Photo: Tresind
  • Kazoku, Cairo, Egypt. Photo: Kazoku
    Kazoku, Cairo, Egypt. Photo: Kazoku
  • Mimi Kakushi, Dubai, UAE. Photo: Mimi Kakushi
    Mimi Kakushi, Dubai, UAE. Photo: Mimi Kakushi
  • Liza, Beirut, Lebanon. Photo: Liza
    Liza, Beirut, Lebanon. Photo: Liza
  • Em Sherif, Beirut, Lebanon. Photo: Em Sherif
    Em Sherif, Beirut, Lebanon. Photo: Em Sherif
  • Lowe, Dubai, UAE. Photo: Lowe
    Lowe, Dubai, UAE. Photo: Lowe
  • Pescado, Ashdod, Israel. Photo: Pescado
    Pescado, Ashdod, Israel. Photo: Pescado
  • Hakkasan, Abu Dhabi, UAE. Photo: Hakkasan
    Hakkasan, Abu Dhabi, UAE. Photo: Hakkasan
  • La Grande Table Marocaine, Marrakesh, Morocco. Photo: Royal Mansour
    La Grande Table Marocaine, Marrakesh, Morocco. Photo: Royal Mansour
  • 13C Bar in the Back, Amman, Jordan. Photo: 13C Bar in the Back
    13C Bar in the Back, Amman, Jordan. Photo: 13C Bar in the Back
  • Tawlet Mar Mikhael, Beirut, Lebanon. Photo: Tawlet Mar Mikhael
    Tawlet Mar Mikhael, Beirut, Lebanon. Photo: Tawlet Mar Mikhael
  • Amazonico, Dubai, UAE. Photo: Amazonico
    Amazonico, Dubai, UAE. Photo: Amazonico
  • Marble, Riyadh, Saudi Arabia. Photo: Marble
    Marble, Riyadh, Saudi Arabia. Photo: Marble
  • Mirai, Manama, Bahrain. Photo: Mirai
    Mirai, Manama, Bahrain. Photo: Mirai
  • Iloli, Casablanca, Morocco. Photo: Iloli
    Iloli, Casablanca, Morocco. Photo: Iloli
  • BB Social Dining, Dubai, UAE. Photo: BB Social Dining
    BB Social Dining, Dubai, UAE. Photo: BB Social Dining
  • Coya, Abu Dhabi, UAE. Photo: Coya
    Coya, Abu Dhabi, UAE. Photo: Coya
  • Indochine, Dubai, UAE. Photo: Indochine
    Indochine, Dubai, UAE. Photo: Indochine
  • Cut by Wolfgang Puck, Doha, Qatar. Photo: Cut by Wolfgang Puck
    Cut by Wolfgang Puck, Doha, Qatar. Photo: Cut by Wolfgang Puck
  • Porterhouse, Riyadh, Saudi Arabia. Photo: Porterhouse
    Porterhouse, Riyadh, Saudi Arabia. Photo: Porterhouse
  • Zooba, Cairo, Egypt. Photo: Zooba
    Zooba, Cairo, Egypt. Photo: Zooba
  • Fusions by Tala, Manama, Bahrain. Photo: Fusions by Tala
    Fusions by Tala, Manama, Bahrain. Photo: Fusions by Tala
  • Milgo Milbar, Tel Aviv, Israel. Photo: Milgo Milbar
    Milgo Milbar, Tel Aviv, Israel. Photo: Milgo Milbar
  • Sufra, Amman, Jordan. Photo: Sufra
    Sufra, Amman, Jordan. Photo: Sufra
  • LPM Restaurant & Cafe, Riyadh, Saudi Arabia. Photo: LPM Restaurant & Cafe
    LPM Restaurant & Cafe, Riyadh, Saudi Arabia. Photo: LPM Restaurant & Cafe
  • White Robata, Kuwait City, Kuwait. Photo: White Robata
    White Robata, Kuwait City, Kuwait. Photo: White Robata
  • Hoseki, Dubai, UAE. Photo: Hoseki
    Hoseki, Dubai, UAE. Photo: Hoseki
  • Izakaya, Cairo, Egypt. Photo: Izakaya
    Izakaya, Cairo, Egypt. Photo: Izakaya
  • La Closerie, La Marsa, Tunisia. Photo: La Closerie
    La Closerie, La Marsa, Tunisia. Photo: La Closerie
  • Clap, Beirut, Lebanon. Photo: Clap
    Clap, Beirut, Lebanon. Photo: Clap
  • Butcher & Still, Abu Dhabi, UAE. Photo: Four Seasons
    Butcher & Still, Abu Dhabi, UAE. Photo: Four Seasons
  • Plus61, Marrakesh, Morocco. Photo: Plus61
    Plus61, Marrakesh, Morocco. Photo: Plus61
  • Tokyo, Riyadh, Saudi Arabia. Photo: Tokyo
    Tokyo, Riyadh, Saudi Arabia. Photo: Tokyo

World's 50 Best reveals Mena's 50 Best Restaurants list in Abu Dhabi


Janice Rodrigues
  • English
  • Arabic

Red carpet. Chefs dressed in customary scarlet scarves. An event deemed more of a “celebration than a competition”. Welcome to the first Mena's 50 Best Restaurants awards ceremony.

On Monday, culinary stars from around the world descended on Abu Dhabi for the gala event by the World's 50 Best Restaurants group, which unveiled the top contenders from across the Middle East and North Africa.

Scroll through the gallery above for the 50 restaurants that made it to the first Mena's 50 Best Restaurants list.

The evening, hosted by Samar Breitem, had world-famous chefs, restaurateurs, food critics and other culinary experts raising a glass to the best in the business at a glittering event in Conrad Abu Dhabi Etihad Towers.

After much speculation and anticipation, Dubai's 3 Fils was named the No 1 restaurant in the Mena region.

  • 3 Fils has been named the No 1 restaurant in on the Mena's 50 Best Restaurants list. Photo: 3 Fils
    3 Fils has been named the No 1 restaurant in on the Mena's 50 Best Restaurants list. Photo: 3 Fils
  • It is a home-grown 30-seater eatery in Dubai, which serves a Japanese-inspired menu. Photo: 3 Fils
    It is a home-grown 30-seater eatery in Dubai, which serves a Japanese-inspired menu. Photo: 3 Fils
  • The restaurant is located in Jumeirah Fishing Harbour, which could almost be described as a hidden gem. Photo: 3 Fils
    The restaurant is located in Jumeirah Fishing Harbour, which could almost be described as a hidden gem. Photo: 3 Fils
  • 3 Fils is popular with Dubai royalty and VIPs. Photo: 3 Fils
    3 Fils is popular with Dubai royalty and VIPs. Photo: 3 Fils
  • The bluefin tuna is among 3 Fils's standout dishes. Photo: 3 Fils
    The bluefin tuna is among 3 Fils's standout dishes. Photo: 3 Fils
  • The beef carpaccio is another popular dish. Photo: 3 Fils
    The beef carpaccio is another popular dish. Photo: 3 Fils
  • There are two burger options on the menu, a Waguy beef cheeseburger and a second with the addition of shaved truffle. Photo: 3 Fils
    There are two burger options on the menu, a Waguy beef cheeseburger and a second with the addition of shaved truffle. Photo: 3 Fils
  • The dragon sushi role is filled with shrimp tempura, gochujang (red chilli paste) and pickled onions . Photo: 3 Fils
    The dragon sushi role is filled with shrimp tempura, gochujang (red chilli paste) and pickled onions . Photo: 3 Fils
  • The emo fries are an off menu favourite among loyal 3 Fils fans, with blue fin tuna slices and topped with black truffle. Photo: 3 Fils
    The emo fries are an off menu favourite among loyal 3 Fils fans, with blue fin tuna slices and topped with black truffle. Photo: 3 Fils
  • 3 Fils has been named the No 1 restaurant in on the Mena's 50 Best Restaurants list. Photo: 3 Fils
    3 Fils has been named the No 1 restaurant in on the Mena's 50 Best Restaurants list. Photo: 3 Fils

Singaporean-born chef Akmal Anuar started the venture as a labour of love. He has since moved on to 11 Woodfire, but when the team accepted the award, co-founder Ahmed Abdulhakim gave him a shout-out. The name was meant to be a play on the three original owners each giving their "two cents' worth".

On the menu are Asian-inspired dishes such as seaweed salad, salmon carpaccio, beef chorizo indomie, crispy eel and Hokkaido scallops, plus various types of maki and tempura.

Zuma in Dubai, OCD Restaurant in Israel, Tresind Studio in Dubai and Sachi in Egypt took up the next four positions.

Scroll through the gallery for pictures from the Mena's 50 Best Restaurants awards ceremony in Abu Dhabi:

  • The first Middle East and North Africa’s 50 Best Restaurants Awards were held at Conrad Abu Dhabi Etihad Towers. All photos: Victor Besa / The National
    The first Middle East and North Africa’s 50 Best Restaurants Awards were held at Conrad Abu Dhabi Etihad Towers. All photos: Victor Besa / The National
  • Dubai restaurant 3 Fils was named the top restaurant in the Mena region.
    Dubai restaurant 3 Fils was named the top restaurant in the Mena region.
  • The Best Restaurant in Egypt went to Sachi in Cairo.
    The Best Restaurant in Egypt went to Sachi in Cairo.
  • Reif Othman, of Dubai restaurant Reif Japanese Kushiyaki, won the Chef's Choice Award.
    Reif Othman, of Dubai restaurant Reif Japanese Kushiyaki, won the Chef's Choice Award.
  • The Art of Hospitality Award went to Tresind Studio in Dubai.
    The Art of Hospitality Award went to Tresind Studio in Dubai.
  • Riyadh restaurant Myazu was named Best Restaurant in Saudi Arabia.
    Riyadh restaurant Myazu was named Best Restaurant in Saudi Arabia.
  • The Foodics Icon Award went to Kamal Mouzawak from Beirut.
    The Foodics Icon Award went to Kamal Mouzawak from Beirut.
  • Beirut establishment Baron was named Best Restaurant in Lebanon.
    Beirut establishment Baron was named Best Restaurant in Lebanon.
  • The team from Dubai's Zuma at the event. The izakaya-style Japanese restaurant came second on the Mena list.
    The team from Dubai's Zuma at the event. The izakaya-style Japanese restaurant came second on the Mena list.
  • The event was the unveiling of the first Mena list by the World's 50 Best Restaurants group.
    The event was the unveiling of the first Mena list by the World's 50 Best Restaurants group.
  • The Best Restaurant in Bahrain and 31st overall went to Mirai.
    The Best Restaurant in Bahrain and 31st overall went to Mirai.
  • Tala Bashmi of Bahrain's Fusions by Tala was named Best Female Chef.
    Tala Bashmi of Bahrain's Fusions by Tala was named Best Female Chef.
  • The team from 3 Fils, the Dubai restaurant that topped the list, accept their award.
    The team from 3 Fils, the Dubai restaurant that topped the list, accept their award.

Of the 50 restaurants, 19 are in the UAE, while six are in Israel, five each are in Saudi Arabia and Lebanon, four are in Egypt, three each are in Morocco and Jordan, two are in Bahrain, and there's one each in Kuwait, Tunisia and Qatar.

See the full list below.

Elsewhere, Emirati chef Sahar Al Awadhi was named Mena's Best Pastry Chef, and Reif Othman of Reif Japanese Kushiyaki fame won the Chef's Choice Award.

Chef Reif Othman won the Chef's Choice Award
Chef Reif Othman won the Chef's Choice Award

The regional list is one of the most anticipated releases of the year, since the event was announced in August 2021. After all, the World’s 50 Best Restaurants is an acclaimed ranking in the food and beverage industry.

An annual global list aside, the organisation puts together names for Latin America’s 50 Best Restaurants and 50 Best Asian Restaurants.

But as William Drew, director of content for the World’s 50 Best put it, the Middle East was not properly represented.

“For some time now, we’ve wanted to extend and shine a spotlight on this part of the world because it was under-represented," Drew says. "We think it has an amazing, diverse food scene, with global influence, but also local heritage and tradition.

"It has home-grown players as well as those from around the world. It’s an interesting mixture – but it hasn’t received the attention it deserves.

“We hope by creating an annual list, we can bring attention to the region and also encourage food-loving travellers from around the world to visit and understand the cuisines a bit better.”

Abu Dhabi was chosen as the location for the first event as it is “fast-changing and fast-rising, and also because the food scene is fast-developing”, Drew says.

Hakkasan Abu Dhabi placed at number 25 on the list
Hakkasan Abu Dhabi placed at number 25 on the list

“There has been an appetite within the government to develop food-based tourism with Abu Dhabi Culinary. The infrastructure and facilities are wonderful, and it has been very welcoming.”

Abu Dhabi will continue to be the city hosting the awards ceremony for the next few years, as Mena's 50 Best Restaurants “establishes itself”, Drew says.

Under the event’s format, the ceremony will then be held in other cities around the region.

How were the winners of Mena’s 50 Best Restaurants chosen?

A dish from Tresind. The restaurant made it into the top 50 list. Photo: Tresind
A dish from Tresind. The restaurant made it into the top 50 list. Photo: Tresind

The 50 restaurants that made the cut were chosen by a panel of 250 anonymous voters, with each sharing their seven top picks.

These, in turn, were recruited by six academy chairs, who were appointed for their knowledge and connections in the restaurant world.

“We check to ensure there is no conflict of interest and the voting system is confidential," Drew says.

"About 25 per cent of the voters change every year, so there’s a refresh. The list that we create is only as credible as the voting system and the voters. There’s no score sheet or what they need to look forward to. Voters simply have to name their seven best restaurant experiences in order of preference.

"A certain number of nominations should be from outside the country. In this year’s ceremony that has been reduced to only one out of seven due to the current global scenario.”

In addition to shining a light on local cuisine and guiding food-loving tourists to the best places to eat, the list also gives talented chefs and beloved restaurants the appreciation and attention they deserve.

“We’re looking forward to learning more about the region through this list,” Drew says.

Mena’s 50 Best Restaurants 2022

1. 3 Fils, Dubai, UAE

2. Zuma, Dubai, UAE

3. OCD Restaurant, Tel Aviv, Israel

4. Tresind Studio, Dubai, UAE (also won Art of Hospitality Award)

5. Sachi, Cairo, Egypt

6. Orfali Bros, Dubai, UAE

7. Fakhreldin, Amman, Jordan

8. LPM Restaurant & Bar, Dubai, UAE

9. George & John, Tel Aviv, Israel

10. Gaia, Dubai, UAE

11. Il Borro Tuscan Bistro, Dubai, UAE

12. Baron, Beirut, Lebanon

13. Coya, Dubai, UAE

14. HaBasta, Tel Aviv, Israel

15. Myazu, Riyadh, Saudi Arabia

16. Reif Kushiyaki, Dubai, UAE

17. Animar, Tel Aviv, Israel

18. Tresind, Dubai, UAE

19. Kazoku, Cairo, Egypt

20. Mimi Kakushi, Dubai, UAE

21. Liza, Beirut, Lebanon

22. Em Sherif, Beirut, Lebanon

23. Lowe, Dubai, UAE (also won the Sustainable Restaurant Award)

24. Pescado, Ashdod, Israel

25. Hakkasan, Abu Dhabi, UAE

26. La Grande Table Marocaine, Marrakesh, Morocco

27. 13C Bar in the Back, Amman, Jordan

28. Tawlet Mar Mikhael, Beirut, Lebanon

29. Amazonico, Dubai, UAE

30. Marble, Riyadh, Saudi Arabia

31. Mirai, Manama, Bahrain

32. Iloli, Casablanca, Morocco

33. BB Social Dining, Dubai, UAE

34. Coya, Abu Dhabi, UAE

35. Indochine, Dubai, UAE

36. Cut by Wolfgang Puck, Doha, Qatar

37. Porterhouse, Riyadh, Saudi Arabia

38. Zooba, Cairo, Egypt

39. Fusions by Tala, Manama, Bahrain

40. Milgo Milbar, Tel Aviv, Israel

41. Sufra, Amman, Jordan

42. LPM Restaurant & Cafe, Riyadh, Saudi Arabia

43. White Robata, Kuwait City, Kuwait

44. Hoseki, Dubai, UAE

45. Izakaya, Cairo, Egypt

46. La Closerie, La Marsa, Tunisia

47. Clap, Beirut, Lebanon

48. Butcher & Still, Abu Dhabi, UAE

49. Plus61, Marrakesh, Morocco

50. Tokyo, Riyadh, Saudi Arabia

– This article was first published on February 7, 2022

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

How The Debt Panel's advice helped readers in 2019

December 11: 'My husband died, so what happens to the Dh240,000 he owes in the UAE?'

JL, a housewife from India, wrote to us about her husband, who died earlier this month. He left behind an outstanding loan of Dh240,000 and she was hoping to pay it off with an insurance policy he had taken out. She also wanted to recover some of her husband’s end-of-service liabilities to help support her and her son.

“I have no words to thank you for helping me out,” she wrote to The Debt Panel after receiving the panellists' comments. “The advice has given me an idea of the present status of the loan and how to take it up further. I will draft a letter and send it to the email ID on the bank’s website along with the death certificate. I hope and pray to find a way out of this.”

November 26:  ‘I owe Dh100,000 because my employer has not paid me for a year’

SL, a financial services employee from India, left the UAE in June after quitting his job because his employer had not paid him since November 2018. He owes Dh103,800 on four debts and was told by the panellists he may be able to use the insolvency law to solve his issue. 

SL thanked the panellists for their efforts. "Indeed, I have some clarity on the consequence of the case and the next steps to take regarding my situation," he says. "Hopefully, I will be able to provide a positive testimony soon."

October 15: 'I lost my job and left the UAE owing Dh71,000. Can I return?'

MS, an energy sector employee from South Africa, left the UAE in August after losing his Dh12,000 job. He was struggling to meet the repayments while securing a new position in the UAE and feared he would be detained if he returned. He has now secured a new job and will return to the Emirates this month.

“The insolvency law is indeed a relief to hear,” he says. "I will not apply for insolvency at this stage. I have been able to pay something towards my loan and credit card. As it stands, I only have a one-month deficit, which I will be able to recover by the end of December." 

The specs: 2018 Ducati SuperSport S

Price, base / as tested: Dh74,900 / Dh85,900

Engine: 937cc

Transmission: Six-speed gearbox

Power: 110hp @ 9,000rpm

Torque: 93Nm @ 6,500rpm

Fuel economy, combined: 5.9L / 100km

Company%20Profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Cargoz%3Cbr%3E%3Cstrong%3EDate%20started%3A%3C%2Fstrong%3E%20January%202022%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Premlal%20Pullisserry%20and%20Lijo%20Antony%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%2030%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Seed%3C%2Fp%3E%0A
England squad

Moeen Ali, James Anderson, Jofra Archer, Jonny Bairstow, Dominic Bess, James Bracey, Stuart Broad, Rory Burns, Jos Buttler, Zak Crawley, Sam Curran, Joe Denly, Ben Foakes, Lewis Gregory, Keaton Jennings, Dan Lawrence, Jack Leach, Saqib Mahmood, Craig Overton, Jamie Overton, Matthew Parkinson, Ollie Pope, Ollie Robinson, Joe Root, Dom Sibley, Ben Stokes, Olly Stone, Amar Virdi, Chris Woakes, Mark Wood

Company%20profile
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LIVING IN...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
The specs

Engine: 4.0-litre V8

Power: 503hp at 6,000rpm

Torque: 685Nm at 2,000rpm

Transmission: 8-speed auto

Price: from Dh850,000

On sale: now

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

The Vile

Starring: Bdoor Mohammad, Jasem Alkharraz, Iman Tarik, Sarah Taibah

Director: Majid Al Ansari

Rating: 4/5

NYBL PROFILE

Company name: Nybl 

Date started: November 2018

Founder: Noor Alnahhas, Michael LeTan, Hafsa Yazdni, Sufyaan Abdul Haseeb, Waleed Rifaat, Mohammed Shono

Based: Dubai, UAE

Sector: Software Technology / Artificial Intelligence

Initial investment: $500,000

Funding round: Series B (raising $5m)

Partners/Incubators: Dubai Future Accelerators Cohort 4, Dubai Future Accelerators Cohort 6, AI Venture Labs Cohort 1, Microsoft Scale-up 

Key developments

All times UTC 4

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UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

German intelligence warnings
  • 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
  • 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
  • 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250 

Source: Federal Office for the Protection of the Constitution

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COMPANY%20PROFILE
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Children who witnessed blood bath want to help others

Aged just 11, Khulood Al Najjar’s daughter, Nora, bravely attempted to fight off Philip Spence. Her finger was injured when she put her hand in between the claw hammer and her mother’s head.

As a vital witness, she was forced to relive the ordeal by police who needed to identify the attacker and ensure he was found guilty.

Now aged 16, Nora has decided she wants to dedicate her career to helping other victims of crime.

“It was very horrible for her. She saw her mum, dying, just next to her eyes. But now she just wants to go forward,” said Khulood, speaking about how her eldest daughter was dealing with the trauma of the incident five years ago. “She is saying, 'mama, I want to be a lawyer, I want to help people achieve justice'.”

Khulood’s youngest daughter, Fatima, was seven at the time of the attack and attempted to help paramedics responding to the incident.

“Now she wants to be a maxillofacial doctor,” Khulood said. “She said to me ‘it is because a maxillofacial doctor returned your face, mama’. Now she wants to help people see themselves in the mirror again.”

Khulood’s son, Saeed, was nine in 2014 and slept through the attack. While he did not witness the trauma, this made it more difficult for him to understand what had happened. He has ambitions to become an engineer.

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  • Energy engineer: Dh25,000 to Dh30,000 
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  • Senior maintenance engineer: Dh22,000 to Dh34,000 
  • Field engineer: Dh6,500 to Dh7,500
  • Field supervisor: Dh9,000 to Dh12,000
  • Field operator: Dh5,000 to Dh7,000
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Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

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 Bio

Favourite vegetable: “I really like the taste of the beetroot, the potatoes and the eggplant we are producing.”

Holiday destination: “I like Paris very much, it’s a city very close to my heart.”

Book: “Das Kapital, by Karl Marx. I am not a communist, but there are a lot of lessons for the capitalist system, if you let it get out of control, and humanity.”

Musician: “I like very much Fairuz, the Lebanese singer, and the other is Umm Kulthum. Fairuz is for listening to in the morning, Umm Kulthum for the night.”

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
The specs: 2019 Haval H6

Price, base: Dh69,900

Engine: 2.0-litre turbocharged four-cylinder

Transmission: Seven-speed automatic

Power: 197hp @ 5,500rpm

Torque: 315Nm @ 2,000rpm

Fuel economy, combined: 7.0L / 100km

Updated: February 10, 2022, 11:59 AM