Pregnant women are allowed to feed the poor instead of fasting, and make up the days they missed later.
Pregnant women are allowed to feed the poor instead of fasting, and make up the days they missed later.

Luqaimat 'should be the national dish'



In a weekly series during Ramadan, James Brennan speaks to people about their food preparations for iftar. This year, Salamah Ghudayer talks about the additional challenge of fasting while pregnant. "Ramadan is usually more enjoyable than challenging for me," says Salamah Ghudayer, the cultural presenter at the Sheikh Mohammed Centre for Cultural Understanding in Dubai. "But this year has been very difficult, since I am pregnant and fasting. Pregnant women are allowed to feed the poor instead of fasting and make up the days they missed if they fear great harm to themselves or the baby, but most here try to fast. It is just extra exhausting.

"My husband has been to Umrah during this month and will also do itikaf for at least a few of the last days in Ramadan, where he secludes himself in the mosque to focus only on worship - which makes me proud of him. But being pregnant I have missed him more this Ramadan. Otherwise it is a wonderful time and I have been trying to help people who need it as much as I can." For Ghudayer, expecting a baby has added a new dimension to the holy month, but she says her daily routine during Ramadan has remained largely the same. "For me, iftar is either a very social time or very solitary. Sometimes I go to my in-laws. They have a chef who cooks, but they also order from restaurants in addition, and we all try to bring something as well. Sometimes I am with my family in Al Ain, and there the chef cooks most of the food and some of the women make things with the maid, such as mini-pizzas, fatayer or desserts. Otherwise it's me cooking for myself. I make whatever I have been wanting and always way more than I end up eating."

Whatever Ghudayer makes, one thing will always be on the iftar menu. "My favourite - and I think every Emirati will agree - is luqaimat," she reveals. "It should be the national dish, except it doesn't look amazing enough. They are just light pastry balls, deep fried, that are covered in date syrup. Some families sprinkle seeds on them. Otherwise, I am in love with my mother-in-law's broccoli soup, which this year I learnt to make. I am not a fan of soup, but this one I will start eating as a light meal even after Ramadan."

However Ghudayer chooses to break her fast, her thoughts are rarely far from the true relevance of the season. "As the days of Ramadan progress, the meaning deepens for me," she says. "The first week I am just so happy to drink juice as soon as the athan sounds, though it traditionally should be water. Yet as those first days pass, I am so thankful for having food and money to buy nice things for my home, when I see people living in really hard situations elsewhere and even here. Within the region I especially feel for the Bedouin, because I am so proud of them for maintaining the old way of life and one day they will know how to live when we have forgotten; how to stay cool, what herbs will cure us. But their life in these times is hard and I can't eat until I am sure the ones I know have plenty to eat that day."

Here is a recipe inspired by Ghudayer's version of luqaimat. To many, there's little question as to what the most moreish food is during Ramadan. Once you've started eating the little golden balls of fermented batter, it's difficult to stop. The word "luqaimat" means "small bites", but it's rather tempting to have an awful lot of them. They are usually eaten for dessert, sometimes with a local dish of sweet vermicelli noodles with omelette called balaleet.

Luqaimat 2.5 cups of flour 3 tablespoons of cornflour 2 cups warm water or milk 1 tablespoon of yeast ½ tablespoon of sugar 3 tablespoons of yoghurt Salt to taste Date syrup or dibs Vegetable oil for deep-frying Method Start by mixing the yeast and the sugar in a cup half full of lukewarm water. Leave it to one side for 30 minutes until the mixture begins to produce a thick froth. Meanwhile, sift the flour and cornflour into a large bowl, add the salt and mix with the yoghurt and the rest of the water or milk until you have a rich batter. The batter shouldn't be too thin or too thick. Once the desired consistency is achieved, cover the bowl and let the mixture stand for at least three to four hours. The mixture will continue to ferment, so mix gently once more to eliminate any bubbles that have formed, then heat the oil in a deep pan until very hot. Spoon small amounts of the batter mixture into the oil. The batter will form into little balls, which should be allowed to deep-fry until golden brown. Remove the balls from the oil and allow them to drain on a kitchen towel before serving them warm, drizzled with date syrup.

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.”

Squid Game season two

Director: Hwang Dong-hyuk 

Stars:  Lee Jung-jae, Wi Ha-joon and Lee Byung-hun

Rating: 4.5/5