The Sarawak State Legislative Assembly Building in Kuching. The city is the capital of Sarawak, in the Malaysian portion of Borneo. Alamy
The Sarawak State Legislative Assembly Building in Kuching. The city is the capital of Sarawak, in the Malaysian portion of Borneo. Alamy

My Kind of Place: Kuching, Sarawak, Malaysia



Why Kuching?
The Malaysian state of Sarawak has long attracted ecotourists to its ancient Borneo rainforests, but increasingly, savvy travellers stop off for a few days in the riverside capital, Kuching. Built up as a thriving trading post by the Brooke family, the English "white rajahs" who ruled Sarawak for a century, Kuching boasts a splendid architectural heritage, similar to Penang. It's still well-preserved, despite no Unesco World Heritage recognition, with hardly a high-rise building to spoil the skyline. The street food is spectacular - this is one of Anthony Bourdain's favourite stop-offs - but now there are also lively gourmet bistros, alongside fashionable boutique hotels. Instead of the traffic jams, pollution and suffocating skyscrapers of modern Asian cities, Kuching takes visitors back 30 years, a genuinely "slow" destination in which to relax, with locals who couldn't be more welcoming.
A comfortable bed
The city's top address is the iconic Hilton Kuching (www.hilton.com), which dominates the waterside promenade. Double rooms cost from 336 Malaysian ringgits (Dh293).
Housed in two ancient Chinese shophouses, the romantic Ranee (www.theranee.com) is decorated in an eye-catching mix of traditional handicrafts and bold modern designs. Doubles cost from 285 ringgits (Dh248), including breakfast.
The Batik Boutique Hotel (www.batikboutiquehotel.com), with its stunning psychedelic facade, is more for hipsters. Doubles cost 280 ringgits (Dh244), including breakfast.
Find your feet
The perfect introduction to Kuching and its exotic history is a tour of the enchanting Sarawak Museum, which hardly seems to have changed since opening in 1891. Walk down towards the boutiques of Main Bazaar and the waterfront, where a solemn statue of the colonial ruler, Rajah James Brooke, stands outside the magnificent colonnades of the Old Court House, recently transformed into a vibrant hub of restaurants, fashion boutiques and art galleries, a live-music venue and a funky cafe that features 20 different mouth-watering cakes each day. Kuching isn't strong on formal sightseeing, but it's the perfect walking city to just get lost in the ancient backstreets of the historic Chinatown, lined with artisan workshops, fragrant spice sellers and colourful textile shops.
Meet the locals
Kuching's picturesque waterfront esplanade stretches along the Sarawak River and is packed for the ritual sunset promenade with local bands performing alongside a kaleidoscope of food stalls. Locals love their barista coffee, and a popular place to hang out is Black Bean Coffee (Exe Hai Street), which roasts locally grown beans, while a more fashionable set turn up at Granary (Wayang Street), for flat whites and aeropress. At night, join the crowds at Top Spot (Jalan Panungan), a seething rooftop food court, where seafood stalls serve more than 500 people, communally seated at round tables.
Book a table
The hot new gourmet address is the elegant BTB dining room (Old Court House Building), serving pan Asian cuisine with subtle French influences, such as succulent rack of lamb with roast pumpkin and turmeric potatoes (78 ringgits [Dh68]).
Diners sitting around the koi ponds and Zen courtyard of the Bla Bla Bla restaurant on Tabuan Road sample Chinese-inspired fusion dishes like tangy mango duck for 48 ringgits (Dh42), plus a big selection of vegetables, including a spicy salad of midin jungle fern and crispy sweet potato leaves.
Adventurous foodies must try the cuisine of Sarawak's native tribes. A sampan ride across the river takes you to the Malay village of Kampong Boyan, where My Village Barok (Jalan Brooke) is packed with locals each evening, Don't miss the umai, a raw fish ceviche with lime and chilli.
Lepau (Ban Hock Road) serves unforgettable tempoyak - fermented durian with crispy anchovies - for 16 ringgits (Dh14).
Street food is everywhere, and the one must-taste dish is Sarawak laksa, a rich noodle soup with prawn and chicken, best enjoyed for breakfast at the simple Choon Hui Coffee Shop (Ban Hock Road).
Shopper's paradise
Forget glitzy shopping malls and haute couture labels, and seek out bargains among traditional Chinese goldsmiths that line Carpenter Street, or head for Tanoti (www.tanoticrafts.com), an atelier of young weavers producing ethnic silk songket cloth for chic made-to-measure fashions at 3,000 ringgits (Dh2,600) a yard. Offbeat boutiques to track down include Junk Home (Wayang Street), whose collectable bric-a-brac range from ancient Chinese posters to Bakelite radios, while Livian (Main Bazaar) displays exquisite tribal beads.
Don't miss
Crossing the Sarawak River, especially at sunset, on the sampan ferry for the grand cost of 1 ringgit (Dh1).
What to avoid
Kuching may mean "cat", but its Cat Museum is seriously kitsch - despite 4,000 exhibits, and an expensive taxi drive out of the centre.
Getting there
Emirates (www.emirates.com) and Etihad (www.etihad.com) fly from the Dubai and Abu Dhabi respectively to Kuching, via Kuala Lumpur, from Dh2,510 return, including taxes.

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The biog

Prefers vegetables and fish to meat and would choose salad over pizza

Walks daily as part of regular exercise routine 

France is her favourite country to visit

Has written books and manuals on women’s education, first aid and health for the family

Family: Husband, three sons and a daughter

Fathiya Nadhari's instructions to her children was to give back to the country

The children worked as young volunteers in social, education and health campaigns

Her motto is to never stop working for the country

6.30pm: Al Maktoum Challenge Round-3 Group 1 (PA) | US$95,000 | (Dirt) 2,000m
7.05pm: Meydan Classic Listed (TB) ) | $175,000) | (Turf) 1,600m
7.40pm: Handicap (TB) ) | $135,000 ) | (D) 1,600m
8.15pm: Nad Al Sheba Trophy Group 3 (TB) ) | $300,000) | (T) 2,810m
8.50pm: Curlin Handicap Listed (TB)) | $160,000) | (D) 2,000m
9.25pm: Handicap (TB)) | $175,000) | (T) 1,400m
10pm: Handicap (TB) ) | $135,000 ) | (T) 2,000m

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.”

SPECS
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COMPANY%20PROFILE%20
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Haltia.ai%0D%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202023%0D%3Cbr%3E%3Cstrong%3ECo-founders%3A%3C%2Fstrong%3E%20Arto%20Bendiken%20and%20Talal%20Thabet%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%2C%20UAE%0D%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20AI%0D%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%2041%0D%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20About%20%241.7%20million%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Self%2C%20family%20and%20friends%26nbsp%3B%3C%2Fp%3E%0A
UAE SQUAD FOR ASIAN JIU-JITSU CHAMPIONSHIP

Men’s squad: Faisal Al Ketbi, Omar Al Fadhli, Zayed Al Kathiri, Thiab Al Nuaimi, Khaled Al Shehhi, Mohamed Ali Al Suwaidi, Farraj Khaled Al Awlaqi, Muhammad Al Ameri, Mahdi Al Awlaqi, Saeed Al Qubaisi, Abdullah Al Qubaisi and Hazaa Farhan

Women's squad: Hamda Al Shekheili, Shouq Al Dhanhani, Balqis Abdullah, Sharifa Al Namani, Asma Al Hosani, Maitha Sultan, Bashayer Al Matrooshi, Maha Al Hanaei, Shamma Al Kalbani, Haya Al Jahuri, Mahra Mahfouz, Marwa Al Hosani, Tasneem Al Jahoori and Maryam Al Amri

THE SPECS

Cadillac XT6 2020 Premium Luxury

Engine:  3.6L V-6

Transmission: nine-speed automatic

Power: 310hp

Torque: 367Nm

Price: Dh280,000