The village of Flåm from the historic Flåm Railway. Rosemary Behan / The National
The village of Flåm from the historic Flåm Railway. Rosemary Behan / The National
The village of Flåm from the historic Flåm Railway. Rosemary Behan / The National
The village of Flåm from the historic Flåm Railway. Rosemary Behan / The National

Oil-rich Norway also holds a wealth of beauty and history


  • English
  • Arabic

"Tall. Blue eyes. Blond hair. You know, you could actually be a Viking." We're on a boat to Bygdøy Island to visit Oslo's Viking Ship Museum and Iori Roberts, our Welsh-born guide for the morning, is giving us an accelerated city tour.

We've already been to City Hall, which depicts Norway's origins, history and identity through carvings, murals and sculptures, and seen where the Nobel peace prizes are handed out. We've discussed Norway's decision to stay out of the European Union and done the "depressed" period of 18th-century landscape art at the National Gallery. Then, Roberts says, "Norway was a bit like Ireland or Albania. Between 1825 and 1925 around 800,000 people left because of famine and poverty."

That angst-ridden time - note the words anger and angst can be traced back to Old Norse - could perhaps be represented by Edvard Munch's 1893 painting The Scream, which Roberts shows us up close. My response to the work - one of four versions painted by the artist - is more a sharp intake of breath, but it's wonderful to see and even more wonderful that it and the entire impressive collection is absolutely free to view. This in a country where the basic costs of any trip are, as the Canadian couple at breakfast at the Hotel Continental this morning put it, simply "frightening".

The Viking Ship Museum is an evocative collection of restored Viking burial ships and artefacts, from jewellery to armoury and furniture, all more than 1,000 years old. I studied Old English at university, but it's one thing to read the Anglo-Saxon Chronicle and another to see real-life evidence of Viking activity. My mother was from York and my father from Dublin, so, spurred by maps showing the extent of Norway at the height of its attacking peak, we agree that some genetic genealogy could be in order.

Norway's new peak is, of course, oil. Since production started in 1971, Norway has become fifth-largest producer and the third-richest country in the world. With wealth per capita of US$97,255 (Dh357,207), it's only $1,074 per person behind Qatar. Roberts, of course - who married a Norwegian, had four children and has lived here for 30 years - is full of praise for the country's free health and education systems, made possible both by income from oil and a population of just five million.

Shielding ourselves behind an umbrella (we have arrived to find the worst summer in 20 years) we walk along the waterfront - a mostly modern development as Oslo has burnt down repeatedly in the past - to Tjuvholmen Sjømagasin seafood restaurant. Here the excellent three-course lunch of the day features "red fish" in a butter sauce with chives and garden vegetables and caviar, for 325 Norwegian kroner (Dh205) per person. When you realise that a small bottle of water in this country costs 25 kroner and cheese on toast will set you back 130 kroner, such prices seem attractive.

The rain has stopped, so we head north-east of the city centre on foot via the royal gardens and palace and Karl Johans Gate, the main street, which is stately yet sedate. Much like the Norwegians, who all seem ready to offer directions in English, or, if they don't know the way, to look it up nonchalantly on their iPhone. We stop at DogA, the Norwegian Centre for Design and Architecture, but at 4.30pm everyone has already gone home. Between Markvein and Thorvald Meyers gate, we enjoy a civilised evening hopping between cosy bars and restaurants, drinking in the hushed tones of intelligent conversation and the marked absence of loud music, shouting or crowds we've seen in other European capitals. The staff, of course, are mostly Swedish; one Spanish restaurant manager tells us that "the Norwegians don't like manual work. They prefer to study".

We head back to the Hotel Continental, which dates from 1900 (the adjacent National Theatre opened in 1899). The hotel is run by women, which is perhaps best reflected in the small details of the bedrooms, such as the thoughtful provision of two single mattresses side by side and two duvets instead of one. Despite daylight until midnight, I sleep better than I have in a hotel room anywhere. The pillows, the beds, the air conditioning and the fact that you can open the double-glazed windows to let in fresh air - all work wonders.

We leave Oslo on the Oslo-Bergen railway, slipping silently through woodland and skirting lakes before heading west into the mountains. Though some of the view is blocked by a tunnel, the highlight of the journey is at Finse, where, at an elevation of 1,200 metres, we're amazed to see the tiny hamlet surrounded by frozen lakes. With snow on the ground and swirling fog, it looks like the Arctic. If this is the weather in July, I wonder what it must be like in winter.

Back down at 867 metres, we switch trains at Myrdal to take the historic Flåm Railway further down to Flåm. We're on a "Norway in a Nutshell" tour of the Fjords, and all the other passengers are tourists, straining to take photographs of thundering waterfalls and the vertiginous valley below. At Flåm everyone gets off. "How did all these boats get here?" I hear someone say. "Did they bring them by helicopter?" Rather than sitting on a lake, Flåm is situated on the innermost part of the Aurlandsfjord, an arm of the Sognefjord which cuts like a deep gash from the sea into the western part of the country. The village is much less twee than I expected, and once the crowds have dispersed, we feel like we're on our own. Hiring bikes, we cycle along to Aurland, finding wild strawberries by the side of the road.

Back at the Fretheim Hotel, we eat a rack of barbecued local lamb with organic salad before going outside to watch the stars. The next morning, after refilling my water bottle from the tap for the umpteenth time, I hike back along the Flåm valley, alongside a thundering river. I wish it was warm enough to swim in, as its glacial freshness looks enticing. We catch a lunchtime ferry along the fjord to Gudvangen on the Nærøyfjord, a Unesco World Heritage Site. Perhaps it's the weather, or the crowds of tourists feeding the birds and taking photographs, but I'm not as impressed with this as I was with New Zealand's Milford Sound. More impressive is the bus ride, starting at Gudvangen, which takes us to the top of a mountain and then down the other side via dozens of hairpin bends. The scale of the fjord then becomes apparent. While I'd rather have been walking than on a bus, time limitations prevents us from doing anything else.

From Voss, the train continues to Bergen, Norway's second city. The busy fish market, piled high with giant crabs, salmon and smoked whale meat, is dotted with food stalls and staffed almost wholly by Spaniards, who sell us lunch of grilled salmon and vegetables for 160 kroner each. We enjoy a guided tour of Bryggen, the old Hanseatic wharf area, containing several dozen beautiful timber buildings, which often feature in promotional photos. Several have been preserved as museums, and it's fascinating to learn about the harsh but lucrative stockfish trade, which the city was built on. Sadly, only a small portion of the original area remains.

It's a 2.5 hour flight north to Tromsø, 350km north of the Arctic circle. It's like landing in Alaska - the city of 68,000 people is surrounded by snowy mountains, and the streets have the deserted air of an outpost town. The local newspaper, the Dagens Næringsliv - devotes several pages to birthdays and anniversaries, with photos of individuals of every age from babies to the elderly.

At the Polar Museum, part of Tromsø University and surrounded by attractive wooden buildings, we learn how, 120 years ago, the town was the starting point for brutal - and brutally cold - hunting expeditions to Svalbard and the North Pole. Just before we board the Hurtigruten coastal ferry, we take in a midnight concert at the Arctic Cathedral. The Sami folk songs are hauntingly beautiful, as is the town, viewed from across the water in the half-light that is 24-hour daylight in bad weather.

Our 17-hour journey south on Hurtigruten's MS Richard With, named after the founder of the huge fleet of vessels which ply the entire west coast of the country, promises to be "the world's most beautiful voyage", but the drizzle and mist say otherwise. Luckily, the ship is fast and smooth, the cabin is clean and comfortable and a small window prevents claustrophobia. The best part is the Trollfjord, a narrow channel with almost-sheer sides rising to more than 1,000 metres.

We disembark at Svolvær, the capital of the Lofoten Islands. Its population of around 4,000 makes Tromsø look like a metropolis. We head west in a hire car to the village-cum-outdoor centre of Henningsvær, situated in a chain of small islands connected by bridges. The Arctic Hotel is run by Briton Sean Clarke, whose Norwegian wife complains that she gets a headache from the pollution whenever she visits the United Kingdom. Again, there's a gift shop run by a Spaniard from Catalonia and the funky climbing cafe is staffed by Colombians.

We drive all the way to the end of the archipelago to Å, which is pronounced "or". It's ferociously beautiful: the road takes us past jagged mountains rising from sandy beaches with turquoise water. We stay at Nyvågar Rorbuhotell in Kabelvåg, in a small, two-bedroom wooden house. At midnight I look outside and see Norwegian children rowing stoically around the lake. It's 10°C, and they are in shorts and T-shirts. It's summer, and whatever the weather, they are having a good time.

If You Go

The flights Emirates (www.emirates.com) flies from Dubai to Copenhagen from Dh3,700 return including taxes. DFDS Seaways (www.dfds.com) from Copenhagen to Oslo costs 1,053 Danish kroner (Dh650) each way for two people. Scandinavian Airlines (www.flysas.com) flies from Bergen to Tromsø from €135 (Dh623) including taxes. Wideroe (www.wideroe.no) flies from Svolvær to Bodo from 222 Norwegian kroner (Dh140) including taxes. Norwegian (www.norwegian.com) flies from Bodo to Oslo from €100 euros (Dh460) with taxes

The trip For general information on travelling to Norway, visit www.visitnorway.com. The Hurtigruten ferry (www.hurtigruten.com) from Tromsø to Svolvær costs from €198 (Dh9,154) for two people sharing

The hotels The Hotel Continental in Oslo (www.hotelcontinental.no) costs from 2,190 kroner (Dh1,387) per night including taxes; the Fretheim Hotel in Flam (www.fretheim-hotel.no) costs from 1,250 kroner (Dh790) per night including taxes; the Nyvågar Rorbuhotell in Lofoten (www.dvgl.no) costs from 2,100 kroner (Dh1,330)

Company%C2%A0profile
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WHAT%20IS%20'JUICE%20JACKING'%3F
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Results

5pm: Handicap (PA) Dh80,000 1,400m; Winner: Faiza, Sandro Paiva (jockey), Ali Rashid Al Raihe (trainer).

5.30pm: Handicap (TB) Dh90,000 1,400m; Winner: Greeley, Connor Beasley, Helal Al Alawi.

6pm: Emirates Fillies Classic Prestige (PA) Dh100,000 1,600m; Winner: Marzaga, Jim Crowley, Ana Mendez.

6.30pm: Emirates Colts Classic Prestige (PA) Dh100,000 1,600m; Winner: Jawaal, Jim Crowley, Majed Al Jahouri.

7pm: Wathba Stallions Cup Handicap (PA) Dh70,000 1,600m; Winner: AF Ashras, Tadhg O’Shea, Ernst Oertel.

7.30pm: Handicap (PA) Dh80,000 2,200m; Winner: Somoud, Richard Mullen, Ahmed Al Mehairbi.

Jetour T1 specs

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Power: 254hp

Torque: 390Nm

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Terror attacks in Paris, November 13, 2015

- At 9.16pm, three suicide attackers killed one person outside the Atade de France during a foootball match between France and Germany- At 9.25pm, three attackers opened fire on restaurants and cafes over 20 minutes, killing 39 people- Shortly after 9.40pm, three other attackers launched a three-hour raid on the Bataclan, in which 1,500 people had gathered to watch a rock concert. In total, 90 people were killed- Salah Abdeslam, the only survivor of the terrorists, did not directly participate in the attacks, thought to be due to a technical glitch in his suicide vest- He fled to Belgium and was involved in attacks on Brussels in March 2016. He is serving a life sentence in France

BMW M5 specs

Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor

Power: 727hp

Torque: 1,000Nm

Transmission: 8-speed auto

Fuel consumption: 10.6L/100km

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WHAT ARE NFTs?

     

 

    

 

   

 

Non-fungible tokens (NFTs) are tokens that represent ownership of unique items. They allow the tokenisation of things such as art, collectibles and even real estate.

 

An NFT can have only one official owner at one time. And since they're minted and secured on the Ethereum blockchain, no one can modify the record of ownership, not even copy-paste it into a new one.

 

This means NFTs are not interchangeable and cannot be exchanged with other items. In contrast, fungible items, such as fiat currencies, can be exchanged because their value defines them rather than their unique properties.

 
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Analysis

Members of Syria's Alawite minority community face threat in their heartland after one of the deadliest days in country’s recent history. Read more

Honeymoonish
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THE BIO

Occupation: Specialised chief medical laboratory technologist

Age: 78

Favourite destination: Always Al Ain “Dar Al Zain”

Hobbies: his work  - “ the thing which I am most passionate for and which occupied all my time in the morning and evening from 1963 to 2019”

Other hobbies: football

Favorite football club: Al Ain Sports Club

 

UAE currency: the story behind the money in your pockets
LA LIGA FIXTURES

Friday Valladolid v Osasuna (Kick-off midnight UAE)

Saturday Valencia v Athletic Bilbao (5pm), Getafe v Sevilla (7.15pm), Huesca v Alaves (9.30pm), Real Madrid v Atletico Madrid (midnight)

Sunday Real Sociedad v Eibar (5pm), Real Betis v Villarreal (7.15pm), Elche v Granada (9.30pm), Barcelona v Levante (midnight)

Monday Celta Vigo v Cadiz (midnight)

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

Know before you go
  • Jebel Akhdar is a two-hour drive from Muscat airport or a six-hour drive from Dubai. It’s impossible to visit by car unless you have a 4x4. Phone ahead to the hotel to arrange a transfer.
  • If you’re driving, make sure your insurance covers Oman.
  • By air: Budget airlines Air Arabia, Flydubai and SalamAir offer direct routes to Muscat from the UAE.
  • Tourists from the Emirates (UAE nationals not included) must apply for an Omani visa online before arrival at evisa.rop.gov.om. The process typically takes several days.
  • Flash floods are probable due to the terrain and a lack of drainage. Always check the weather before venturing into any canyons or other remote areas and identify a plan of escape that includes high ground, shelter and parking where your car won’t be overtaken by sudden downpours.

 

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.”

AUSTRALIA SQUAD

Tim Paine (captain), Sean Abbott, Pat Cummins, Cameron Green, Marcus Harris, Josh Hazlewood, Travis Head, Moises Henriques, Marnus Labuschagne, Nathan Lyon, Michael Neser, James Pattinson, Will Pucovski, Steve Smith, Mitchell Starc, Mitchell Swepson, Matthew Wade, David Warner