Fellow toastmasters, madame toastmasters and esteemed guests, good evening. This Tuesday evening, a small dining room at Abu Dhabi's Foodlands Indian Restaurant - decorated with clusters of balloons, dusty peach-coloured walls and a few paintings of carnations - played host to the 151st meeting of Toastmasters International Club 4711 (Area 2, Division H, District 79), known to its friends as Al Jazira Toastmasters. As weeknight traffic congealed on Airport Road just outside, the room filled with 15 professional-looking South Asian men, one Indian woman, two Filipinas and a man from Mauritania. All of them were non-native speakers of English.
With a strike of the gavel, the meeting was called to order by the club's sergeant-at-arms, a tall, mustachioed Indian named Mony. In halting, heavily accented English, he advised everyone to bring their attention to the podium, switch off their phones and refrain from raising the topics of "politics, religion and sex". Then the door was latched shut, and two hours of relentless positivity, applause and tottering rhetoric got underway.
Founded in the basement of a Southern California YMCA in 1924, the Toastmasters - an organisation dedicated to helping its members master the fear of public speaking - sprang into existence during a great boom in American clubs and civic associations. The first quarter of the 20th Century witnessed the birth of the Boy Scouts, the Rotary Club, the Kiwanis, the Teamsters, the Lions and the American Civil Liberties Union, to name a scant few. A reaction against the social erosion caused by the Industrial Revolution and the callousness of the Gilded Age, this tsunami of voluntary associations took several forms. Some groups were driven by radical politics and class solidarity. Others came to define the manners and values of the businessman's America - groups dedicated to self-improvement, amateurism and moral uplift.
Today, Toastmasters International reports 11,500 clubs in 92 countries. Abu Dhabi is home to 17 chapters, each with about 20 or 30 members. With the advent of information-age global capitalism - and of English as its lingua franca - Toastmasters groups like the ones here have come to serve a dual purpose: they socialise workers from all over the globe into the corporate culture of excellence and uplift, and they provide a safe harbour for navigating the perils of office English.
Despite the smallness of the room at Foodlands, no ceremony was spared in Tuesday's meeting. When five new members were inducted, the sergeant-at-arms was careful to escort each to the head of the room. Whenever someone addressed the group, they usually opened by saying, "Fellow toastmasters, madame toastmasters and esteemed guests, good evening." To this, the table would thunder back: "Good evening!"
Before the induction ceremony, one of the group's most senior members - a goateed Indian man named Anil Pinto - took to the podium. "Today we are going to learn a new word," he said. Toastmasters meetings always feature a "word of the day"; but this one was special. "This is the one millionth word which has just come into the English dictionary. Anyone know it?" Several people did, in fact, know exactly the word he was referring to. It had been all over the Indian press: a Texas-based group called the Global Language Monitor had recently announced that the English language was about to embrace its millionth word. Conveniently, the Texas group had also appointed itself arbiter of what word it would be. One of the strongest contenders (if not the eventual "winner") was a Hindi phrase made popular by the movie Slumdog Millionaire.
"Jai ho!" blurted a few of the Indians around the table. Others repeated it in a ripple of murmurs. The Mauritanian man, an Arabic speaker, looked puzzled. "That's right," said Pinto. "Jai ho. The meaning: 'Victory is ours'." (According to other definitions, the word means "It is accomplished".) Members were encouraged to use the word during the meeting. For good measure, they were also given a second word of the day, "satiety". Throughout the evening, there were several aptly deployed Jai hos. But no one quite got the hang of "satiety". Applause was regular and frequent.
"I am toastmaster Rachelle and I will be timekeeper for the evening," said one of the Filipino women, a banker, as she explained her role for the evening. Reading from a script, she explained how she would notify speakers of their remaining time using a system of lights. When she sat down, everyone clapped. "Perfect," said one of the club members said under his breath. "Very nice." Then the evening's grammarian - a rotating office at Toastmasters meetings - stood up and explained his function. "As grammarian, I'll be noting the wrong usage of English language," he said, "and the reputation of words." (At evening's end, he reported no major errors.)
The night's main event was a five-minute prepared speech by Venkat, a boyish-looking structural engineer from Chennai with a thick plume of black hair and a moustache. This was his first time taking the stage. His assignment was to deliver an "icebreaker" - a speech about himself. When one of the other members asked what his theme was, Venkat's accent was so thick that he had to repeat his answer three times.
"Failure", he said. "Failure. Failure." After moving to the head of the room, Venkat launched into the story of how he failed 8th grade, then couldn't gain admission to a government engineering college, then disappointedly settled for a specialisation in civil engineering rather than in computer engineering. The crowd listened politely. Then he started making a few jokes. "The proverb, 'Behind every successful man, there is a woman', stuck to me," he said, "since I always wanted to be successful." A few people laughed.
"I got married. My wife's name is Subha, and the first of my wedding day, I started to give her an icebreaker speech telling her my past failures. Listening to that, she told me she also had a failure: it seems she always wanted to marry a well-situated groom from abroad." More laughter. "I am fed up with all these failures, so I called my father," Venkat said. "He said, yes you've passed through a lot of failures, but each failure has taught you many lessons and given you courage to face other failures." The group was nodding happily.
"This is why I predicted this speech to be, maybe, a failed one. But this has encouraged me to give other speeches," he said. Then Venkat closed with the English word of the day. "Jai ho!" Applause.
* John Gravois
ICC Women's T20 World Cup Asia Qualifier 2025, Thailand
UAE fixtures
May 9, v Malaysia
May 10, v Qatar
May 13, v Malaysia
May 15, v Qatar
May 18 and 19, semi-finals
May 20, final
The National's picks
4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young
The Transfiguration
Director: Michael O’Shea
Starring: Eric Ruffin, Chloe Levine
Three stars
SPEC SHEET
Display: 10.9" Liquid Retina IPS, 2360 x 1640, 264ppi, wide colour, True Tone, Apple Pencil support
Chip: Apple M1, 8-core CPU, 8-core GPU, 16-core Neural Engine
Memory: 64/256GB storage; 8GB RAM
Main camera: 12MP wide, f/1.8, Smart HDR
Video: 4K @ 25/25/30/60fps, full HD @ 25/30/60fps, slo-mo @ 120/240fps
Front camera: 12MP ultra-wide, f/2.4, Smart HDR, Centre Stage; full HD @ 25/30/60fps
Audio: Stereo speakers
Biometrics: Touch ID
I/O: USB-C, smart connector (for folio/keyboard)
Battery: Up to 10 hours on Wi-Fi; up to 9 hours on cellular
Finish: Space grey, starlight, pink, purple, blue
Price: Wi-Fi – Dh2,499 (64GB) / Dh3,099 (256GB); cellular – Dh3,099 (64GB) / Dh3,699 (256GB)
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
TERMINAL HIGH ALTITUDE AREA DEFENCE (THAAD)
What is THAAD?
It is considered to be the US's most superior missile defence system.
Production:
It was created in 2008.
Speed:
THAAD missiles can travel at over Mach 8, so fast that it is hypersonic.
Abilities:
THAAD is designed to take out ballistic missiles as they are on their downward trajectory towards their target, otherwise known as the "terminal phase".
Purpose:
To protect high-value strategic sites, such as airfields or population centres.
Range:
THAAD can target projectiles inside and outside the Earth's atmosphere, at an altitude of 150 kilometres above the Earth's surface.
Creators:
Lockheed Martin was originally granted the contract to develop the system in 1992. Defence company Raytheon sub-contracts to develop other major parts of the system, such as ground-based radar.
UAE and THAAD:
In 2011, the UAE became the first country outside of the US to buy two THAAD missile defence systems. It then stationed them in 2016, becoming the first Gulf country to do so.
The specs: 2018 Ford Mustang GT
Price, base / as tested: Dh204,750 / Dh241,500
Engine: 5.0-litre V8
Gearbox: 10-speed automatic
Power: 460hp @ 7,000rpm
Torque: 569Nm @ 4,600rpm
Fuel economy, combined: 10.3L / 100km
COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
Globalization and its Discontents Revisited
Joseph E. Stiglitz
W. W. Norton & Company
GULF MEN'S LEAGUE
Pool A Dubai Hurricanes, Bahrain, Dubai Exiles, Dubai Tigers 2
Pool B Abu Dhabi Harlequins, Jebel Ali Dragons, Dubai Knights Eagles, Dubai Tigers
Opening fixtures
Thursday, December 5
6.40pm, Pitch 8, Abu Dhabi Harlequins v Dubai Knights Eagles
7pm, Pitch 2, Jebel Ali Dragons v Dubai Tigers
7pm, Pitch 4, Dubai Hurricanes v Dubai Exiles
7pm, Pitch 5, Bahrain v Dubai Eagles 2
Recent winners
2018 Dubai Hurricanes
2017 Dubai Exiles
2016 Abu Dhabi Harlequins
2015 Abu Dhabi Harlequins
2014 Abu Dhabi Harlequins
'Cheb%20Khaled'
%3Cp%3E%3Cstrong%3EArtist%3A%20%3C%2Fstrong%3EKhaled%3Cbr%3E%3Cstrong%3ELabel%3A%20%3C%2Fstrong%3EBelieve%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
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.”