Yemen - San'a - Aug 10 - 2008 : A man walks in the old city of San'a. ( Jaime Puebla / The National ) For story by Reporter's Sarah Wolff. *** Local Caption ***  JP198 - YEMEN MY TOWN.jpgJP198 - YEMEN MY TOWN.jpg
The old city of Sana'a, where the mud-brick houses resemble gingerbread.

A welcoming tradition



To say visiting Sana'a is like taking a trip back in time doesn't cut it - it's more like jumping into a dizzyingly vibrant National Geographic photo spread. The topsy-turvy mud-brick houses of the old city resemble gingerbread, complete with white "icing" in the form of plaster mouldings on top. Children run around in the streets calling out for you to take their picture. You will be welcomed to the point of absurdity as random Sana'ani men will stop to invite you for tea or sometimes to partake of their meal right on the street.

It seems there is nowhere in the world more inviting to foreigners, though Sana'a and Yemen in general have a much different image in the rest of the world. Known to the news-reading public as the ancestral homeland of Osama bin Laden, Yemen tends to be neglected by tourists. Though it is bereft of the other countries' oil wealth, it's rich in human warmth and cultural heritage preserved in a way that doesn't exist in the rest of the Gulf.

The most impressive and transporting part of Sana'a is the old city, home to a giant and bustling market that has existed at the site for more than 1,000 years. Wander through the alleyways and marvel at the items on display. By far my favourite is the spice souq, which has everything from bohoor (Arabian incense, a product that originated in Yemen) to the black sesame seeds used in bint as-sahn, a honey-drenched Yemeni desert. The vendors in the souq are used to photos, so feel free to snap away, but if there are Yemeni women nearby remember to ask beforehand for their permission.

While wandering near the spice souq you will smell something heavenly and meaty wafting your way. Take a quick jaunt to the open-air kebab restaurant in the middle of the Souq al Milh (Salt Souq) demarcated by hanging lights, well-known as the place to eat this favourite Arabian dish. Make sure to get sahawwik, a cumin-spiked Yemeni version of tomato salsa, to flavour your kebabs and wash it down with sweet cardamom tea, whisked to your table by young boys via wrought-iron cup carriers.

Next to the kebab restaurant is Ali Baba's jewellery shop. The owners speak English well and accept credit cards, a rarity in Sana'a but a necessity if you are going to buy one of the store's antique jambiya knives, the traditional daggers that Yemeni men wear on their waists. The markets of the old city are bustling, but none more so than the khat market at Bab As-Sabah around 3pm. Khat, a legal but mildly narcotic leaf that Yemenis chew and then stuff in their cheeks for its mind-numbing juice, is a social institution.

In back of the military museum is a street full of restaurants, all packed with men. Though Yemeni women do not eat in these sort of establishments, foreign women are welcomed, and the best of them is Palestine restaurant, where the friendly waiter Hashem will hook you up with rashoosh, a huge, oven-hot flatbread, along with roasted chicken, foul (beans) or shakshooka, Yemeni vegetable-scrambled eggs.

Another adventure is the hammam, or communal steam bath. Men and women don't go together - there are days for each sex. Make sure to buy a "kees", a little black sloughing mitt, and definitely bring your own bath products. An hour or two is sufficient to sweat up properly then scrub down and remove all the dead skin you never knew you had. The place looks like the baths of Caracalla come to life, but don't be afraid. Just make sure to enter the inner rooms to get the full benefit of the steam.

If you are in need of a little modernity after all of this, try Coffee Trader, an American-run spot with free wireless internet. The place is a nicer, less rushed Yemeni Starbucks - something the country has yet to import - with a lush garden terrace full of trees and wild rosemary bushes. Try the Snickers cappuccino or the properly creamy caramel latte. You can impress the local English-speaking teenagers who hang out there by telling them how you know that coffee, as well as the term "mocha", comes from the town of Al-Mokha on Yemen's western coast. History comes alive indeed.

swolff@thenational.ae

TWISTERS

Director:+Lee+Isaac+Chung

Starring:+Glen+Powell,+Daisy+Edgar-Jones,+Anthony+Ramos

Rating:+2.5/5

Naga

Director: Meshal Al Jaser

Starring: Adwa Bader, Yazeed Almajyul, Khalid Bin Shaddad

Rating: 4/5

Specs: 2024 McLaren Artura Spider

Engine: 3.0-litre twin-turbo V6 and electric motor
Max power: 700hp at 7,500rpm
Max torque: 720Nm at 2,250rpm
Transmission: Eight-speed dual-clutch auto
0-100km/h: 3.0sec
Top speed: 330kph
Price: From Dh1.14 million ($311,000)
On sale: Now

SPECS: Polestar 3

Engine: Long-range dual motor with 400V battery
Power: 360kW / 483bhp
Torque: 840Nm
Transmission: Single-speed automatic
Max touring range: 628km
0-100km/h: 4.7sec
Top speed: 210kph
Price: From Dh360,000
On sale: September

COMPANY PROFILE

Name: Xpanceo

Started: 2018

Founders: Roman Axelrod, Valentyn Volkov

Based: Dubai, UAE

Industry: Smart contact lenses, augmented/virtual reality

Funding: $40 million

Investor: Opportunity Venture (Asia)

Company Profile

Company name: Hoopla
Date started: March 2023
Founder: Jacqueline Perrottet
Based: Dubai
Number of staff: 10
Investment stage: Pre-seed
Investment required: $500,000

COMPANY PROFILE

Company name: Klipit

Started: 2022

Founders: Venkat Reddy, Mohammed Al Bulooki, Bilal Merchant, Asif Ahmed, Ovais Merchant

Based: Dubai, UAE

Industry: Digital receipts, finance, blockchain

Funding: $4 million

Investors: Privately/self-funded

Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Aayan’s records

Youngest UAE men’s cricketer
When he debuted against Bangladesh aged 16 years and 314 days, he became the youngest ever to play for the men’s senior team. He broke the record set by his World Cup squad-mate, Alishan Sharafu, of 17 years and 44 days.

Youngest wicket-taker
After taking the wicket of Bangladesh’s Litton Das on debut in Dubai, Aayan became the youngest male cricketer to take a wicket against a Full Member nation in a T20 international.

Youngest in T20 World Cup history?
Aayan does not turn 17 until November 15 – which is two days after the T20 World Cup final at the MCG. If he does play in the competition, he will be its youngest ever player. Pakistan’s Mohammed Amir, who was 17 years and 55 days when he played in 2009, currently holds the record.

Dates for the diary

To mark Bodytree’s 10th anniversary, the coming season will be filled with celebratory activities:

  • September 21 Anyone interested in becoming a certified yoga instructor can sign up for a 250-hour course in Yoga Teacher Training with Jacquelene Sadek. It begins on September 21 and will take place over the course of six weekends.
  • October 18 to 21 International yoga instructor, Yogi Nora, will be visiting Bodytree and offering classes.
  • October 26 to November 4 International pilates instructor Courtney Miller will be on hand at the studio, offering classes.
  • November 9 Bodytree is hosting a party to celebrate turning 10, and everyone is invited. Expect a day full of free classes on the grounds of the studio.
  • December 11 Yogeswari, an advanced certified Jivamukti teacher, will be visiting the studio.
  • February 2, 2018 Bodytree will host its 4th annual yoga market.
How Tesla’s price correction has hit fund managers

Investing in disruptive technology can be a bumpy ride, as investors in Tesla were reminded on Friday, when its stock dropped 7.5 per cent in early trading to $575.

It recovered slightly but still ended the week 15 per cent lower and is down a third from its all-time high of $883 on January 26. The electric car maker’s market cap fell from $834 billion to about $567bn in that time, a drop of an astonishing $267bn, and a blow for those who bought Tesla stock late.

The collapse also hit fund managers that have gone big on Tesla, notably the UK-based Scottish Mortgage Investment Trust and Cathie Wood’s ARK Innovation ETF.

Tesla is the top holding in both funds, making up a hefty 10 per cent of total assets under management. Both funds have fallen by a quarter in the past month.

Matt Weller, global head of market research at GAIN Capital, recently warned that Tesla founder Elon Musk had “flown a bit too close to the sun”, after getting carried away by investing $1.5bn of the company’s money in Bitcoin.

He also predicted Tesla’s sales could struggle as traditional auto manufacturers ramp up electric car production, destroying its first mover advantage.

AJ Bell’s Russ Mould warns that many investors buy tech stocks when earnings forecasts are rising, almost regardless of valuation. “When it works, it really works. But when it goes wrong, elevated valuations leave little or no downside protection.”

A Tesla correction was probably baked in after last year’s astonishing share price surge, and many investors will see this as an opportunity to load up at a reduced price.

Dramatic swings are to be expected when investing in disruptive technology, as Ms Wood at ARK makes clear.

Every week, she sends subscribers a commentary listing “stocks in our strategies that have appreciated or dropped more than 15 per cent in a day” during the week.

Her latest commentary, issued on Friday, showed seven stocks displaying extreme volatility, led by ExOne, a leader in binder jetting 3D printing technology. It jumped 24 per cent, boosted by news that fellow 3D printing specialist Stratasys had beaten fourth-quarter revenues and earnings expectations, seen as good news for the sector.

By contrast, computational drug and material discovery company Schrödinger fell 27 per cent after quarterly and full-year results showed its core software sales and drug development pipeline slowing.

Despite that setback, Ms Wood remains positive, arguing that its “medicinal chemistry platform offers a powerful and unique view into chemical space”.

In her weekly video view, she remains bullish, stating that: “We are on the right side of change, and disruptive innovation is going to deliver exponential growth trajectories for many of our companies, in fact, most of them.”

Ms Wood remains committed to Tesla as she expects global electric car sales to compound at an average annual rate of 82 per cent for the next five years.

She said these are so “enormous that some people find them unbelievable”, and argues that this scepticism, especially among institutional investors, “festers” and creates a great opportunity for ARK.

Only you can decide whether you are a believer or a festering sceptic. If it’s the former, then buckle up.

Top 10 most competitive economies

1. Singapore
2. Switzerland
3. Denmark
4. Ireland
5. Hong Kong
6. Sweden
7. UAE
8. Taiwan
9. Netherlands
10. Norway

Pupils in Abu Dhabi are learning the importance of being active, eating well and leading a healthy lifestyle now and throughout adulthood, thanks to a newly launched programme 'Healthy Lifestyle'.

As part of the Healthy Lifestyle programme, specially trained coaches from City Football Schools, along with Healthpoint physicians have visited schools throughout Abu Dhabi to give fun and interactive lessons on working out regularly, making the right food choices, getting enough sleep and staying hydrated, just like their favourite footballers.

Organised by Manchester City FC and Healthpoint, Manchester City FC’s regional healthcare partner and part of Mubadala’s healthcare network, the ‘Healthy Lifestyle’ programme will visit 15 schools, meeting around 1,000 youngsters over the next five months.

Designed to give pupils all the information they need to improve their diet and fitness habits at home, at school and as they grow up, coaches from City Football Schools will work alongside teachers to lead the youngsters through a series of fun, creative and educational classes as well as activities, including playing football and other games.

Dr Mai Ahmed Al Jaber, head of public health at Healthpoint, said: “The programme has different aspects - diet, exercise, sleep and mental well-being. By having a focus on each of those and delivering information in a way that children can absorb easily it can help to address childhood obesity."

Sri Lanka-India Test series schedule
  • 1st Test India won by 304 runs at Galle
  • 2nd Test India won by innings and 53 runs at Colombo
  • 3rd Test August 12-16 at Pallekele
Temple numbers

Expected completion: 2022

Height: 24 meters

Ground floor banquet hall: 370 square metres to accommodate about 750 people

Ground floor multipurpose hall: 92 square metres for up to 200 people

First floor main Prayer Hall: 465 square metres to hold 1,500 people at a time

First floor terrace areas: 2,30 square metres  

Temple will be spread over 6,900 square metres

Structure includes two basements, ground and first floor 

COMPANY PROFILE

Name: Haltia.ai
Started: 2023
Co-founders: Arto Bendiken and Talal Thabet
Based: Dubai, UAE
Industry: AI
Number of employees: 41
Funding: About $1.7 million
Investors: Self, family and friends

Our legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.