• The second-hand book fair is hosted by Al Safa Art and Design Library. All photos: Chris Whiteoak / The National
    The second-hand book fair is hosted by Al Safa Art and Design Library. All photos: Chris Whiteoak / The National
  • From left, Alyazia, Maitha and Mona volunteer at the book fair
    From left, Alyazia, Maitha and Mona volunteer at the book fair
  • Mohammed Faisal looks through books at the event
    Mohammed Faisal looks through books at the event
  • The aim of the fair is to spread cultural awareness among the public and promote reading as a lifestyle
    The aim of the fair is to spread cultural awareness among the public and promote reading as a lifestyle
  • The initiative is one that highlights Dubai Culture’s compliance with the National Literacy Strategy 2016-2026
    The initiative is one that highlights Dubai Culture’s compliance with the National Literacy Strategy 2016-2026
  • Books are on sale with symbolic prices ranging from Dh3 to Dh10 and are suitable for all ages
    Books are on sale with symbolic prices ranging from Dh3 to Dh10 and are suitable for all ages

Second-hand book fair in Dubai with prices from Dh3 to Dh10


Evelyn Lau
  • English
  • Arabic

Al Safa Art and Design Library is hosting a second-hand book fair over the holidays.

The event, which runs until Tuesday, was created to spread cultural awareness among the public by trying to promote reading as a lifestyle. The initiative is part of the Dubai Public Libraries cultural programme.

There are a number of second-hand books on sale, suitable for all age groups, with symbolic prices ranging from Dh3 to Dh10.

The fair is open daily from 8am to 8pm. The project is one that highlights Dubai Culture’s compliance with the National Literacy Strategy 2016-2026, which aims to promote cultural values in society and support all aspects of culture including the arts and literature.

Visiting the tucked-away library

Al Safa Art and Design Library was originally opened in 1989 but was revamped in 2019 with new stylish architecture and an invitingopen-plan layout that encourages visitors to sit, socialise and stay put.

The building stands out as a stark grey beacon of modernity against an older, coral-coloured backdrop, with foliage and a flyover almost obscuring it from view. But its sharp, angular shape catches your eye.

Beyond the floor-to-ceiling glass doors, a cafe sits tucked away to the left. A vast expanse of low-lying shelves with a selection of books in Arabic and English is ahead. You can read these inside the space but, unlike traditional libraries, you cannot take them home.

Scroll the gallery below to see more of Al Safa Art and Design Library in Dubai

  • Al Safa Art & Design Library is based on Al Wasl Road. Reem Mohammed / The National
    Al Safa Art & Design Library is based on Al Wasl Road. Reem Mohammed / The National
  • Inside, there are a range of stylish workspaces and reading areas for members. Reem Mohammed / The National
    Inside, there are a range of stylish workspaces and reading areas for members. Reem Mohammed / The National
  • It's where art, design and literature intersect. Reem Mohammed / The National
    It's where art, design and literature intersect. Reem Mohammed / The National
  • An outdoor courtyard will host a variety of activities during winter. Reem Mohammed / The National
    An outdoor courtyard will host a variety of activities during winter. Reem Mohammed / The National
  • There are more than 4,000 titles across the adult and children's libraries, spanning both Arabic and English works. Reem Mohammed / The National
    There are more than 4,000 titles across the adult and children's libraries, spanning both Arabic and English works. Reem Mohammed / The National
  • The refurbishment is part of a plan to revamp all branches of Dubai Public Library. Reem Mohammed / The National
    The refurbishment is part of a plan to revamp all branches of Dubai Public Library. Reem Mohammed / The National
  • There are a number of spaces where members can work. Reem Mohammed / The National
    There are a number of spaces where members can work. Reem Mohammed / The National
  • Find rare books about design from the region. Reem Mohammed / The National
    Find rare books about design from the region. Reem Mohammed / The National
  • Plenty of natural light floods in to the spaces. Reem Mohammed / The National
    Plenty of natural light floods in to the spaces. Reem Mohammed / The National
  • There is also a selection of magazines. Reem Mohammed / The National
    There is also a selection of magazines. Reem Mohammed / The National
  • Books focus on art and design, but there are also general titles. Reem Mohammed / The National
    Books focus on art and design, but there are also general titles. Reem Mohammed / The National
  • A painting of Sheikh Hamdan bin Mohammed, Crown Prince of Dubai. Reem Mohammed / The National
    A painting of Sheikh Hamdan bin Mohammed, Crown Prince of Dubai. Reem Mohammed / The National
  • the library, which originally opened in the 1980s, has been refurbished in a more modern style. Reem Mohammed / The National
    the library, which originally opened in the 1980s, has been refurbished in a more modern style. Reem Mohammed / The National
  • A paper sculpture at the recently reopened Al Safa Art and Design Library. Reem Mohammed / The National
    A paper sculpture at the recently reopened Al Safa Art and Design Library. Reem Mohammed / The National
  • An Islamic art book displayed at Al Safa Art and Design Library. Reem Mohammed / The National
    An Islamic art book displayed at Al Safa Art and Design Library. Reem Mohammed / The National
  • Al Safa Art and Design Library offers group workspaces, meeting areas, a cafe, an art gallery, a lounge area and a children’s library. Reem Mohammed / The National
    Al Safa Art and Design Library offers group workspaces, meeting areas, a cafe, an art gallery, a lounge area and a children’s library. Reem Mohammed / The National
  • Reading areas are well lit. Reem Mohammed / The National
    Reading areas are well lit. Reem Mohammed / The National
  • There is also gallery space for artists to host exhibitions. Reem Mohammed / The National
    There is also gallery space for artists to host exhibitions. Reem Mohammed / The National
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UAE currency: the story behind the money in your pockets

TV: World Cup Qualifier 2018 matches will be aired on on OSN Sports HD Cricket channel

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Gabrieli Pessanha (Brazil)

Reigning Abu Dhabi World Pro champion in the 95kg division, virtually unbeatable in her weight class. Known for her pressure game but also dangerous with her back on the mat.

Nathiely de Jesus, 23, (Brazil)

Two-time World Pro champion renowned for her aggressive game. She is tall and most feared by her opponents for both her triangles and arm-bar attacks.

Thamara Ferreira, 24, (Brazil)

Since her brown belt days, Ferreira has been dominating the 70kg, in both the World Pro and the Grand Slams. With a very aggressive game.

Samantha Cook, 32, (Britain)

One of the biggest talents coming out of Europe in recent times. She is known for a highly technical game and bringing her A game to the table as always.

Kendall Reusing, 22, (USA)

Another young gun ready to explode in the big leagues. The Californian resident is a powerhouse in the -95kg division. Her duels with Pessanha have been highlights in the Grand Slams.

Martina Gramenius, 32, (Sweden)

Already a two-time Grand Slam champion in the current season. Gramenius won golds in the 70kg, in both in Moscow and Tokyo, to earn a spot in the inaugural Queen of Mats.

 

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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.”

Updated: December 26, 2022, 8:26 AM