How low can you go?



Mattancherry once had one of India's largest Jewish populations who, it is believed, arrived during the time of King Solomon. Although most have now emigrated to Israel, it is still home to Kerala's last functioning synagogue. Unfortunately for weekend visitors, Paradesi Synagogue is closed on Fridays and Saturdays. Fort Cochin's best-known tourist attraction is its Chinese fishing nets, a vestige of its past trading with the Far East. Using large rocks as counterweights, the giant wooden claws require four men to operate each one, as they gracefully rise up and dip back into the water from the shoreline. The spectacle is free to watch, but enjoying a fruit juice on the shore at sunset for Dh2, while the fishermen bring in their catch, is highly recommended. Due to its popularity with tourists, finding authentic South Indian food in Fort Cochin can be tricky but locals are more than happy to direct tourists to one of the many local cafes which serve fresh vegetable curries, along with samosas, poppadoms and rice cakes. The local delicacy is fish curry, and Talk Of The Town, a restaurant on KB Jacob Road, cooks up an impressive one, although it's rather expensive at Dh13. Simple vegetables curries are about a third of the price from most eateries. Visitors should also experience the dosa - the batter pancake is made from fermented rice and black lentils and eaten by Keralites for breakfast, lunch or dinner. Although it stretched the budget a little, we discovered that Cochin is also world famous for its Kathakali dancing shows. The Keralan art form, which is set to traditional drumming, requires heavily made-up actors to train for decades before being considered professionals in their field. Although it may seem faintly ridiculous at first, the melodramatic story lines and often extremely gory finales are hugely entertaining, and a bargain at Dh14 per person for a two-hour show. By now we had slightly exceeded the modest Dh1,000 budget but the list of cheap activities left to do was still long - and proved too tempting. Would sitting in the guesthouse on the final morning, instead of spending Dh28 on a four-hour river tour, really be a saving? In the end, a slow meander along Kerala's backwaters, surrounded by lush vegetation and fishermen at work, completed our trip. The houseboat's canopy proved to be effective protection from the sun and the journey was not short of fascinating distractions. As well as eagles and other bird life, the waters are enjoyed by local children splashing about, and others collecting mud to build houses on the banks. Complete with a personal oarsman and a traditional lunch served on a banana leaf, the boat trip - even though it was comparatively expensive - was the best bargain of the weekend. ogood@thenational.ae

"Tax-free flights Dh129!" read the Jazeera Airways advertisement. At these prices, the budget of Dh1,000 for a weekend away was going to be a breeze. Excitedly, I read through the airline's list of destinations: Sudan, Turkey, India, Egypt... Then, of course, came the inevitable reality-check. Not only were the flights one-way, but the offer was for one day only: I had missed the boat. Undeterred, I pressed on - convinced that there are real bargains out there if you're quick off the mark. Having rejected a very cheap weekend in Khartoum, Sudan, because of question marks about obtaining a tourist visa, I settled on Muscat, a destination that had always enticed me. With flights with Air Arabia going for only Dh570 return, the challenge appeared to be there for the taking. But could I really survive a weekend in this notoriously expensive city for Dh1,000, with flights, accommodation, food and entertainment all thrown in? Could I ignore the city's luxury hotels and get back to basics? Of course, I could. After booking the flight I logged onto couchsurfing.com, a networking site for freeloading travellers that lists hundreds of thousands of friendly people all over the world offering free accommodation to like-minded pilgrims. When I typed in Muscat, 16 profiles popped up. Top of the list was Vincent van der Zee, a 48-year old South African. The reviews about his hospitality from previous couchsurfers were all very positive, and better still, he had not only a sofa but an inflatable mattress. I emailed him begging to stay for two nights the following weekend. A cheerful reply came back, saying that I would be welcome, and giving directions to his flat in the Al Khuwair district of the city. All I needed to bring was a sleeping bag, he said.

After landing in Muscat on a Thursday evening, I paid OR3 (Dh30) for a tourist visa and stepped straight into a taxi for the set price of OR7 (Dh70). Then I confronted my first problem: finding Vincent's flat. It's all very well arriving in a foreign city if you're staying in a hotel; it's not so easy to find a stranger's apartment. We twirled around Al Khuwair for half an hour before I gave in and called my host. Vincent kindly came to pick me up from a nearby mosque in his rickety 29-year old Land Rover Defender before driving me for a late supper to one of his favourite Indian restaurants, Venus, that proved to be as cheap as he had promised. We ate excellent curry, rice and piles of naan bread for just under OR4 (Dh40), while he talked about his teaching work at a college in the city and previous couchsurfing experiences in Ireland and Scotland. "I would always choose to couchsurf over staying in a hotel now," he said encouragingly, before driving me to his apartment above a juice shop in a remote building on the edge of Al Khuwair. A three-legged dog called Dog leapt at me upon arrival. Vincent laid out the inflatable mattress in his office before bidding me goodnight. I set out early the next morning, having deduced that the trick of travelling on a budget was to stick to a set plan: dallying from one place to the next without a timetable could result in wasted taxi money, especially in Muscat where cabs are the only way to move around and can be expensive because they come without a meter. One trip from Vincent's apartment to the port or the souq could set me back OR5 (Dh50). Instead, I decided to negotiate a day rate with a taxi driver. An Omani called Kamish eventually agreed to OR15 (Dh150) for several hours around the city, which proved well worth the cost. My first stop was the fish market in the port of Matrah. There I wandered stall after stall of Omani men selling vast king fish, tuna, sardines and baby sharks. I watched one fisherman dole out a bag of prawns to a couple; after taking their money, he removed his embroidered Omani hat and tucked the notes neatly into the lining. Outside, I stood with a coffee costing only 300 baisas (Dh3) watching boatmen on the shore fingering their nets and removing the odd fish that was trapped. This last was marvellous - and free - entertainment.

From there I went to Sultan Qaboos's palace in the nearby area of Old Muscat, which you can photograph from outside but not visit. It's tucked behind two forts, Al Mirani and Al Jalali, neither of which are open either, though they are decent examples of the fortresses that dot the rocky headland - the legacy of Portuguese occupation of Muscat in the 16th and early 17th centuries. After a frugal lunch of chicken schwarma for 300 baisas (Dh3) I sat watching local life go by on Matrah's Corniche. Often cited as one of the Gulf's best souks, scores of small shops offer traditional items like pashminas, frankincense and trinket boxes. Fierce selling goes on but I emerged proudly hours later just OR1 (Dh10) lighter with a small bottle of Omani rose perfume. Back in Al Khuwair, I headed out for dinner at a traditional Omani restaurant called Bin Atique. I was ushered into a small, private carpeted room with a television in the corner where I perched on a cushion and ate off a tray placed on the floor. I ordered the traditional Omani dish of harees, a glutinous porridge-like mixture of wheat and chicken with ghee. It wasn't quite to my taste, but happily a strong coffee and dates helped to wash everything down, and for OR3 (Dh30), one can hardly expect Michelin-starred fare. Exhausted, I retraced my steps to Vincent's apartment where we sat for a while discussing my day. "I have to photograph you before you leave," he then announced, rather alarmingly. He showed me arty pictures of all his previous guests, and said that we would need to leave his apartment before 7am the next morning "to catch the right light." It was with a rather sinking heart, that I was woken by a soft knocking on the door at about 6.30 the next morning. "Are you ready for your photograph?" came the South African voice. So I dressed and we drove to a nearby building site. "Wander round and find something interesting," Vincent instructed. I peered through a steel tunnel, crouched by a concrete pillar and stood with some bemused labourers holding a hard hat that Vincent found as a prop while Dog hopped around us. Then, my duty as a guest discharged, I said my goodbyes to Vincent and Dog before setting out for another day's exploration. I employed Kamish again, this time for OR7 (Dh70) because, after my early morning photoshoot, I was planning a less frenetic day. First stop was the Sultan Qaboos mosque, which is one of the biggest and utterly breathtaking. It houses the second largest handmade carpet in the world (second after Abu Dhabi's Sheikh Zayed Al Nahyan Mosque), which took 400 women in Iran four years to make. An enormous glass chandelier hangs from the dome above you, and the walls are intricately decorated in blues, golds and turquoise colours. It was a magnificent spectacle, and, more importantly, free. Next, I headed back to Mutrah to visit the Bait Al-Baranda museum for a reasonable OR1 (Dh10) entrance fee. Situated in a wonderfully restored 1930s house, it documents the history of Oman and Muscat; the most interesting part is the ethnographical section that explains the development of the capital and surrounding areas from the 14th century onwards. I stopped briefly at Qurm public beach, a long strip of sand situated below a cliff beneath the Crowne Plaza hotel. Due to construction work, there's only one part of the beach that is suitable for sunbathing. With barbecue points dotted along the beach, a stop at the Matrah fish market before heading here armed with charcoal makes for the perfect lunch for the budget traveller. As it was, I spent a peaceful hour with a coffee and sandwich (OR4 or Dh40) in Jalapeno Cafe, one of the many new cafes springing up along the strip. On the flight back, I totted up my expenses. The grand total came to OR110, or Dh1,049. Despite having broken the budget, it was only by a measly Dh65. What nonsense about Muscat being expensive, I thought smugly. I had visited the main attractions of the city and had my first couchsurfing experience in the space of a two-day weekend, on a relatively tight budget. I wasn't terribly sad to wave goodbye to Vincent's blow-up mattress, but tough times call for tough measures. And if you happen to be looking for a cheap place in Muscat, I know just the man.

smoneycoutts@thenational.ae

21 Lessons for the 21st Century

Yuval Noah Harari, Jonathan Cape
 

How has net migration to UK changed?

The figure was broadly flat immediately before the Covid-19 pandemic, standing at 216,000 in the year to June 2018 and 224,000 in the year to June 2019.

It then dropped to an estimated 111,000 in the year to June 2020 when restrictions introduced during the pandemic limited travel and movement.

The total rose to 254,000 in the year to June 2021, followed by steep jumps to 634,000 in the year to June 2022 and 906,000 in the year to June 2023.

The latest available figure of 728,000 for the 12 months to June 2024 suggests levels are starting to decrease.

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

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%3Cp%3E%3Cstrong%3EDeveloper%3A%3C%2Fstrong%3E%20Big%20Ape%20Productions%3Cbr%3E%3Cstrong%3EPublisher%3A%3C%2Fstrong%3E%20LucasArts%3Cbr%3E%3Cstrong%3EConsoles%3A%3C%2Fstrong%3E%20PC%2C%20PlayStation%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%202%2F5%3C%2Fp%3E%0A
At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

McIlroy's struggles in 2016/17

European Tour: 6 events, 16 rounds, 5 cuts, 0 wins, 3 top-10s, 4 top-25s, 72,5567 points, ranked 16th

PGA Tour: 8 events, 26 rounds, 6 cuts, 0 wins, 4 top-10s, 5 top-25s, 526 points, ranked 71st

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
UAE currency: the story behind the money in your pockets
Strait of Hormuz

Fujairah is a crucial hub for fuel storage and is just outside the Strait of Hormuz, a vital shipping route linking Middle East oil producers to markets in Asia, Europe, North America and beyond.

The strait is 33 km wide at its narrowest point, but the shipping lane is just three km wide in either direction. Almost a fifth of oil consumed across the world passes through the strait.

Iran has repeatedly threatened to close the strait, a move that would risk inviting geopolitical and economic turmoil.

Last month, Iran issued a new warning that it would block the strait, if it was prevented from using the waterway following a US decision to end exemptions from sanctions for major Iranian oil importers.

Opening weekend Premier League fixtures

Weekend of August 10-13

Arsenal v Manchester City

Bournemouth v Cardiff City

Fulham v Crystal Palace

Huddersfield Town v Chelsea

Liverpool v West Ham United

Manchester United v Leicester City

Newcastle United v Tottenham Hotspur

Southampton v Burnley

Watford v Brighton & Hove Albion

Wolverhampton Wanderers v Everton

The lowdown

Bohemian Rhapsody

Director: Bryan Singer

Starring: Rami Malek, Lucy Boynton, Gwilym Lee

Rating: 3/5

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Dust and sand storms compared

Sand storm

  • Particle size: Larger, heavier sand grains
  • Visibility: Often dramatic with thick "walls" of sand
  • Duration: Short-lived, typically localised
  • Travel distance: Limited 
  • Source: Open desert areas with strong winds

Dust storm

  • Particle size: Much finer, lightweight particles
  • Visibility: Hazy skies but less intense
  • Duration: Can linger for days
  • Travel distance: Long-range, up to thousands of kilometres
  • Source: Can be carried from distant regions
Milestones on the road to union

1970

October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar. 

December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.

1971

March 1:  Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.

July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.

July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.

August 6:  The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.

August 15: Bahrain becomes independent.

September 3: Qatar becomes independent.

November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.

November 29:  At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.

November 30: Despite  a power sharing agreement, Tehran takes full control of Abu Musa. 

November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties

December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.

December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.

December 9: UAE joins the United Nations.

How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.

Tailors and retailers miss out on back-to-school rush

Tailors and retailers across the city said it was an ominous start to what is usually a busy season for sales.
With many parents opting to continue home learning for their children, the usual rush to buy school uniforms was muted this year.
“So far we have taken about 70 to 80 orders for items like shirts and trousers,” said Vikram Attrai, manager at Stallion Bespoke Tailors in Dubai.
“Last year in the same period we had about 200 orders and lots of demand.
“We custom fit uniform pieces and use materials such as cotton, wool and cashmere.
“Depending on size, a white shirt with logo is priced at about Dh100 to Dh150 and shorts, trousers, skirts and dresses cost between Dh150 to Dh250 a piece.”

A spokesman for Threads, a uniform shop based in Times Square Centre Dubai, said customer footfall had slowed down dramatically over the past few months.

“Now parents have the option to keep children doing online learning they don’t need uniforms so it has quietened down.”

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.”

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The Settlers

Director: Louis Theroux

Starring: Daniella Weiss, Ari Abramowitz

Rating: 5/5

The specs

AT4 Ultimate, as tested

Engine: 6.2-litre V8

Power: 420hp

Torque: 623Nm

Transmission: 10-speed automatic

Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)

On sale: Now

Skewed figures

In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458. 

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Brief scores:

Toss: Northern Warriors, elected to field first

Bengal Tigers 130-1 (10 ov)

Roy 60 not out, Rutherford 47 not out

Northern Warriors 94-7 (10 ov)

Simmons 44; Yamin 4-4

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Notable cricketers and political careers
  • India: Kirti Azad, Navjot Sidhu and Gautam Gambhir (rumoured)
  • Pakistan: Imran Khan and Shahid Afridi (rumoured)
  • Sri Lanka: Arjuna Ranatunga, Sanath Jayasuriya, Tillakaratne Dilshan (rumoured)
  • Bangladesh (Mashrafe Mortaza)
EXPATS
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The 12 breakaway clubs

England

Arsenal, Chelsea, Liverpool, Manchester City, Manchester United, Tottenham Hotspur

Italy
AC Milan, Inter Milan, Juventus

Spain
Atletico Madrid, Barcelona, Real Madrid

Profile box

Founders: Michele Ferrario, Nino Ulsamer and Freddy Lim
Started: established in 2016 and launched in July 2017
Based: Singapore, with offices in the UAE, Malaysia, Hong Kong, Thailand
Sector: FinTech, wealth management
Initial investment: $500,000 in seed round 1 in 2016; $2.2m in seed round 2 in 2017; $5m in series A round in 2018; $12m in series B round in 2019; $16m in series C round in 2020 and $25m in series D round in 2021
Current staff: more than 160 employees
Stage: series D 
Investors: EightRoads Ventures, Square Peg Capital, Sequoia Capital India

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 
The biog

Nickname: Mama Nadia to children, staff and parents

Education: Bachelors degree in English Literature with Social work from UAE University

As a child: Kept sweets on the window sill for workers, set aside money to pay for education of needy families

Holidays: Spends most of her days off at Senses often with her family who describe the centre as part of their life too

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

Closing the loophole on sugary drinks

As The National reported last year, non-fizzy sugared drinks were not covered when the original tax was introduced in 2017. Sports drinks sold in supermarkets were found to contain, on average, 20 grams of sugar per 500ml bottle.

The non-fizzy drink AriZona Iced Tea contains 65 grams of sugar – about 16 teaspoons – per 680ml can. The average can costs about Dh6, which would rise to Dh9.

Drinks such as Starbucks Bottled Mocha Frappuccino contain 31g of sugar in 270ml, while Nescafe Mocha in a can contains 15.6g of sugar in a 240ml can.

Flavoured water, long-life fruit juice concentrates, pre-packaged sweetened coffee drinks fall under the ‘sweetened drink’ category
 

Not taxed:

Freshly squeezed fruit juices, ground coffee beans, tea leaves and pre-prepared flavoured milkshakes do not come under the ‘sweetened drink’ band.