On the edge of the Indian Ocean, I am cold and cannot sleep well. I wake suddenly, hearing noises of indeterminate animals outside my room. When I sleep, I dream of water, of waves rushing over me, sweeping me away, sweeping everything away.
These dreams really happened, but not to me. I'm in Banda Aceh, the capital of Aceh province, on the far north-western tip of Indonesia. It was a few kilometres offshore from here that the earthquake that caused the 2004 Indian Ocean tsunami struck. The waves broke ground in Banda Aceh and swept everything before them. My dreams are the stuff of other people's nightmares: more than 150,000 Acehnese were swept away that day.
I leave my room and the hotel and go walking. Near the hotel, the only light comes from a tarpaulin-covered stall selling DVDs. The man is wrapped in a waterproof sheet and peers at me from underneath. "Assalamalaikum," he waves. I ponder asking him who buys from him at this time of the morning, but he is in his own world. It is 4am, 5am, past the hour when people are awake and everything is dark. In the park opposite I can hear voices but see nothing; in the distance around me are the shapes of the hills that surround this city.
I walk for a while, oblivious of direction, ending up in front of the Grand Raya Baiturrahman mosque, the city's main landmark. On one side, there are numerous small stalls selling vegetables but no customers; the stall-holders sit on plastic chairs together, playing cards.
The mosque is architecturally astonishing, especially at night when it is artfully lit up. The contrast of white walls and dark domes is quite beautiful and its mix of Indonesian, Indian and Arab architectural influences is unique. It is later described to me as "a jewel, our most precious jewel".
And that's the puzzle of the Grand Raya mosque. West of here there is nothing, just the open, dark ocean, hundreds and thousands of kilometres of it, all the way to the African continent. For the rest of Indonesia, Aceh is remote; for the world, especially the world of the 19th century, when the mosque was built, it may as well have been another planet. And yet the people who built and expanded the mosque believed so much in their faith that they created something of this grandeur, in a place almost no one would see.
More people are seeing it now. Aceh is finally shrugging off its long and tragic history. For nearly 30 years, guerrillas in this oil-rich province fought a separatist war against the government, until the 2004 tsunami devastated the region. The guerrillas made peace and the city has been rebuilt with international aid. Now its leaders are determined to put this province on the tourist map. As a sign of this, the tiny airport now issues visas on arrival, making it only the third airport in the country that does this (the others being Jakarta and Bali), catering mainly to Malaysians who come on short-haul budget flights.
This year has been designated "Visit Aceh 2011" by the local government and the city is planning events and festivals over the next few months.
Aceh's hopes rest on three things - the tsunami, Sharia law and the vast, unspoilt natural wonders of the area. From that perspective, the lack of tourist infrastructure is a selling point, a wholesome alternative to some of Indonesia's other resorts.
The Grand Raya mosque escaped the tsunami almost unscathed. The locals say it was divine intervention, pointing to photographs that show the tsunami devastating the buildings all around, on the opposite side of the road, but leaving the mosque untouched.
The rest of the city was not so lucky. It is difficult to conceptualise what a roar of nature on that scale must have been like. There is a museum to help guide visitors through it, but it is not yet finished. A small industry has grown up to help visitors navigate the various sites, with tours organised.
To get a sense of the scale of the tsunami, I go to the "tsunami ship". I keep calling it a boat and people berate me, and when I see it I understand why. It is a power generation ship, a six-storey, 3,000-tonne barge that was several kilometres offshore when the tsunami hit. The force of the waves washed it back to land and carried it across houses to its current resting place, three kilometres inland. It is clearly an attraction, full of Indonesians scrambling up to the viewing platform at the top, taking photographs and family videos.
When the tsunami struck, I was at my desk at The Guardian newspaper offices in London, trying to piece it together. Yet nothing I have seen or read about the tsunami, then or since, has come close to explaining the sheer power of that event as what I saw from the top of the viewing platform. Looking north and west to the sea, it is a fairly unremarkable sight, a collection of small houses to the horizon. It takes a moment to focus on the hazy green outlines of islands, far in the distance. It's only then that the reality of that day hits you, because the tsunami came from beyond those islands, far, far away, dragging the ship all this way. It was a moving wall of water from which there was no escape.
The other "attraction" is Sharia law. Tourist agencies are officially pushing this as an "Islamic" destination: "Come and see how an Islamic community lives and Sharia is applied," says a tourism official. As part of the post-tsunami peace agreement, Aceh became a semi-autonomous state but has made some of its own laws since 2001. The Sharia component is complicated - there are only a handful of Sharia laws in effect (though more are planned), banning gambling and alcohol, mainly to do with morality and standards of modest dress. But they don't apply to foreigners. The tourist authorities seem to be aiming for a balancing act - they are aware that Sharia tourism offers a potential unique selling point for the region, but they are also nervous about putting off western tourists, who might instead head for the more carefree beaches of Bali.
Yet the irony is that, while the few Sharia laws have fallen heavily on some inhabitants of Aceh, particularly rural women who have complained of abuses by the Sharia police, its effect is not immediately obvious to foreigners. Banda Aceh is a relaxed, open city, with men and women interacting in public as in the rest of Indonesia. Acehnese were already fairly devout before the introduction of Sharia a few years ago.
A dozen or so kilometres northwest of Banda Aceh is the island of Pulau Weh, a sort of mini Bali. You get there by ferry, to the main port town of Sabang on a slow boat that takes three hours but feels longer. The lapping waves and the rocking of the boat, combined with the knowledge of how far from everywhere you are, gives an end-of-the-world feel. The attraction of Pulau Weh is that there is almost nothing there. Diving spots are unspoilt and attract only hardcore, in-the-know divers.
The locals keep telling me about Aceh Basar (a province of Aceh, south and west of Banda Aceh) and all the wonderful hiking there. The forests and hills around Banda Aceh are luxuriant, and from the plane they appear remote and unspoilt. Yet I can find nobody who organises hiking; no guides, no maps, no tourist companies. In the end, I meet an Australian couple at the hotel who say they went solo, taking a driver, a packed lunch and their boots.
On an early morning drive out to the foothills that surround the city, its natural beauty is clear. Thick mist swirls around and the few Acehnese walking past are barefoot, oblivious to us. We drive for a few hours, slowly, feeling the rhythm of rural life.
Driving into Banda Aceh after Jakarta, the city feels impossibly small. But a few hours driving around the small villages outside gives me a different perspective. The roads are paved, but dirt paths branch off at regular intervals, opening into labyrinthine streets of small, neat houses. Here, the car seems impossibly clunky and noisy. The Acehnese watch us indifferently from their front porches. When we stop to ask directions, the silence is immense and natural: I realise there are no artifical sounds like motorbikes, or even the hum of wheels on tarmac. Back in Banda Aceh, the city seems ugly with sounds. When I get back to the hotel around midday, I sleep peacefully, with thoughts of trees and grass.
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
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.”
Pharaoh's curse
British aristocrat Lord Carnarvon, who funded the expedition to find the Tutankhamun tomb, died in a Cairo hotel four months after the crypt was opened.
He had been in poor health for many years after a car crash, and a mosquito bite made worse by a shaving cut led to blood poisoning and pneumonia.
Reports at the time said Lord Carnarvon suffered from “pain as the inflammation affected the nasal passages and eyes”.
Decades later, scientists contended he had died of aspergillosis after inhaling spores of the fungus aspergillus in the tomb, which can lie dormant for months. The fact several others who entered were also found dead withiin a short time led to the myth of the curse.
'The Coddling of the American Mind: How Good Intentions and Bad Ideas are Setting up a Generation for Failure'
Greg Lukianoff and Jonathan Haidt, Penguin Randomhouse
UAE currency: the story behind the money in your pockets
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Groom and Two Brides
Director: Elie Semaan
Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla
Rating: 3/5
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The specs
Engine: 4.0-litre V8 twin-turbocharged and three electric motors
Power: Combined output 920hp
Torque: 730Nm at 4,000-7,000rpm
Transmission: 8-speed dual-clutch automatic
Fuel consumption: 11.2L/100km
On sale: Now, deliveries expected later in 2025
Price: expected to start at Dh1,432,000
How to avoid crypto fraud
- Use unique usernames and passwords while enabling multi-factor authentication.
- Use an offline private key, a physical device that requires manual activation, whenever you access your wallet.
- Avoid suspicious social media ads promoting fraudulent schemes.
- Only invest in crypto projects that you fully understand.
- Critically assess whether a project’s promises or returns seem too good to be true.
- Only use reputable platforms that have a track record of strong regulatory compliance.
- Store funds in hardware wallets as opposed to online exchanges.
ETFs explained
Exhchange traded funds are bought and sold like shares, but operate as index-tracking funds, passively following their chosen indices, such as the S&P 500, FTSE 100 and the FTSE All World, plus a vast range of smaller exchanges and commodities, such as gold, silver, copper sugar, coffee and oil.
ETFs have zero upfront fees and annual charges as low as 0.07 per cent a year, which means you get to keep more of your returns, as actively managed funds can charge as much as 1.5 per cent a year.
There are thousands to choose from, with the five biggest providers BlackRock’s iShares range, Vanguard, State Street Global Advisors SPDR ETFs, Deutsche Bank AWM X-trackers and Invesco PowerShares.
The biog
Name: Fareed Lafta
Age: 40
From: Baghdad, Iraq
Mission: Promote world peace
Favourite poet: Al Mutanabbi
Role models: His parents
In numbers: China in Dubai
The number of Chinese people living in Dubai: An estimated 200,000
Number of Chinese people in International City: Almost 50,000
Daily visitors to Dragon Mart in 2018/19: 120,000
Daily visitors to Dragon Mart in 2010: 20,000
Percentage increase in visitors in eight years: 500 per cent
Our legal consultant
Name: Dr Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
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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.