The Tehran bazaar has a whole section devoted to traditional Persian rugs.
The Tehran bazaar has a whole section devoted to traditional Persian rugs.
The Tehran bazaar has a whole section devoted to traditional Persian rugs.
The Tehran bazaar has a whole section devoted to traditional Persian rugs.

Peaks and other high points


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While Tehran may not be the most beautiful city in the world, it has a soulfulness and a multitude of attractions that more than compensate. The people are warm and friendly, the cafes and restaurants are lively, and there are dozens of interesting things to see, including gorgeous palaces, historical sites, museums, galleries and natural beauty spots. This densely populated young city of eight million is a cosmopolitan place, home to a number of religious communities including Muslims, Christians, Jews, Baha'is and Zoroastrians spread out among a multitude of ethnicities. It buzzes during the day, not least because of the crazy driving - watch out for the motorbikes zipping along the pavements - and a simple stroll can be an adventure in itself.

When night falls, things quieten down considerably, outside at least. Because there are no bars or nightclubs, nightlife takes place in people's houses - and is a lot of fun. The social and political capital of Iran was once a prettier place, architecturally taking off first under the Islamic Safavid dynasty in the 16th century and then the Qajars - under whom it became the capital. They left behind ornately decorated palaces and colourfully tiled mosques. But the "modernisation" policies of the Shah during the 1950s and 60s resulted in the levelling of many historical buildings, only to be followed by the equally poor architectural choices of the Islamic Republic, which oversaw the building of stacks of grey high-rise apartment blocks to accommodate the waves of immigrants from the countryside. That said, the tree-lined boulevards of north Tehran are pleasant, as are the many parks dotted around the city, while the beautiful snow-capped Alborz mountains are ever visible in the background.

Highly recommended is an early morning hike in the Alborz mountains, only a 25-minute drive from downtown - traffic obliging. The walk offers fantastic views over the city and there are plenty of rest stops and cafes on the way up selling tea, soup and the surprisingly delicious Iranian non-alcoholic beers. There is the option of taking a ski lift to the summit, where there are hotels and a ski resort. Tehran is a popular skiing and snowboarding destination.

More central is the beautiful, if ostentatious, Golestan Palace (www.golestanpalace.ir), near Khomeini Square in the downtown area. The 16th-century Safavid palace comprises a clutch of large, richly-decorated buildings surrounding a pristine flower garden, and guided tours take visitors clockwise through each of them. The art and ornament displays and the layered history are among the palace's main attractions, but as much as anything, the grounds are an ideal escape from the snarl of Tehran's midday traffic, especially in the warmer months.

Just down the road is the labyrinthine Tehran bazaar, a 200-year-old maze of alleyways, home to all manner of craftsmen including carpenters, tailors and goldsmiths, and shops selling everything from metals and jewellery to spices and tobacco; a whole section is dedicated to traditional Persian rugs. Adjoining the bazaar is the enormous Imam Khomeini Mosque, which is more impressive for its size and the number of worshippers that frequent it than its architecture. Also well worth a visit is the National Museum of Iran (www.nationalmuseumofiran.ir) close to Imam Khomeini Square. The museum's collections give a thorough run-through of Iran's history from prehistoric times through the Persian empire, the Islamic dynasties and up to the recent past.

Budget Hotel Naderi in the downtown area is antiquated and not exactly spotless but has a quaint charm and friendly management. More of a hostel than a hotel, things here are old, from the bedsheets, plumbing and furniture to the 60-year-old switchboard and telephones in reception. It is on a main road, so to be sure of getting some sleep it is a good idea to get a room at the back of the hotel, not overlooking the street. Despite its shortcomings Naderi is a great spot to meet fellow travellers as well as Tehran's bohemian contingent who frequent the hotel's atmospheric, if smoky, cafe. Double rooms start from $35 (Dh185) per night.

Jomhuri-ye Eslami Avenue, Ferdosi Square area (00 98 21 6670 1872). Mid-range The Escan Hotel offers clean, comfortable en-suite rooms with satellite television at a reasonable price and in a central location. The hotel has a café and a restaurant that both serve quality food, western and Iranian, and with high-speed wireless internet. A buffet breakfast is included in the room rate. The staff are friendly and will provide information on tourist attractions and call taxis for guests, though they are easy to find on the street outside. Just up the road is the Den of Spies, the former US embassy that was taken over by Islamist students in 1979 and which now serves as a base for the Islamic Basij militia. Double rooms start from $120 (Dh445) per night.

Mousavi Street, off Enghelab Avenue, downtown area (www.escanhotel.com; 00 98 21 8883 7106). Luxury Nestled in the leafy suburbs of north Tehran is the opulent Melal Apartment Hotel. Rooms, as the hotel's name suggests, are apartments, fitted with at least one bedroom, kitchen, living room and large bathroom. There are indoor and outdoor swimming pools, a gym and Jacuzzi. The hotel and cafe serve extensive menus until late into the evening. High-speed wireless internet is available in rooms and throughout the hotel. The Melal is also one of the few establishments in Iran that will accept western credit cards. Double rooms start from $290 (Dh1,070) per night. 24 Naseri Street, off Valiasr Avenue, north Tehran (www.melal.com; 00 98 21 2224 5090/5).

Breakfast Cafe Hafta-do Hasht, or Cafe 78, a bohemian-style hangout near Valiasr Square, is one of the better places for coffee in Tehran and thus a natural choice for breakfast. The food is good too, with a variety of crêpes, soups, salads, fried and scrambled eggs all for around $4 (Dh15). The regulars are mostly artists, students and intellectuals, and the atmosphere is convivial.

Lunch Khayyam Traditional Restaurant (00 98 21 5580 0760) is a great spot for lunch not far from the bazaar. Originally part of a 300-year-old mosque, the interior was restored in 2002 and is decorated in the colourful, traditional Persian style, with an intimate atmosphere and the option of cushioned seating around low tables. It serves typical Iranian fare - tasty and simple chicken and beef kebabs and fish (all around $7; Dh25), salads from $3 (Dh5) and dates, fresh fruits and honey-drenched pastries for dessert also $3 (Dh5). The restaurant draws a wide variety of customers, from large families to businessmen to groups of rowdy teenagers. The jovial manager is also a great source of local knowledge.

Dinner Bistango restaurant (www.bistangorestaurant.com; 00 98 21 8855 4409) in the Raamtin Hotel on Valiasr Street is widely regarded as the city's best restaurant, using the finest of local and imported produce to make a wide range of haute-cuisine Iranian and international dishes. Head chef Saman Jilanchi spent 18 years abroad learning his trade before returning to Iran to apply his knowledge. Tehranis seem to appreciate it as the restaurant is always fully booked, so it is necessary to reserve a table at least a day in advance. The grilled lamb chops with herb crust, Dijon and mushroom risotto ($21; Dh77) is a good bet, as is the grilled hammour with herb lemon risotto, cucumber salsa and roasted red pepper purée ($15; Dh55).

Etihad Airways (www. etihadairways.com) flies from Abu Dhabi to Tehran three times a week. A return trip costs from $516 (Dh1,895), including taxes. Before making travel arrangements, check visa requirements with the Iranian Embassy.

Reading Lolita in Tehran is an engaging account of professor Azar Nafisi's struggle to keep her reading group afloat in the face of arrests, intimidation and physical violence from a regime hostile to the group's ways and reading materials. jspollen@thenational.ae

MATCH INFO

Uefa Champions League final:

Who: Real Madrid v Liverpool
Where: NSC Olimpiyskiy Stadium, Kiev, Ukraine
When: Saturday, May 26, 10.45pm (UAE)
TV: Match on BeIN Sports

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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

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Manchester United 6 (McTominay 2', 3'; Fernandes 20', 70' pen; Lindelof 37'; James 65')

Leeds United 2 (Cooper 41'; Dallas 73')

Man of the match: Scott McTominay (Manchester United)

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5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed

HOW TO WATCH

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EA Sports FC 26

Publisher: EA Sports

Consoles: PC, PlayStation 4/5, Xbox Series X/S

Rating: 3/5

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.”

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

Company profile

Company: Rent Your Wardrobe 

Date started: May 2021 

Founder: Mamta Arora 

Based: Dubai 

Sector: Clothes rental subscription 

Stage: Bootstrapped, self-funded 

Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

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Universal Championship Brock Lesnar (champion) v Roman Reigns in a steel cage match

WWE World Heavyweight Championship AJ Styles (champion) v Shinsuke Nakamura

Intercontinental Championship Seth Rollins (champion) v The Miz v Finn Balor v Samoa Joe

United States Championship Jeff Hardy (champion) v Jinder Mahal

SmackDown Tag Team Championship The Bludgeon Brothers (champions) v The Usos

Raw Tag Team Championship (currently vacant) Cesaro and Sheamus v Matt Hardy and Bray Wyatt

Casket match The Undertaker v Chris Jericho

Singles match John Cena v Triple H

Cruiserweight Championship Cedric Alexander v tba

 

Lexus LX700h specs

Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

On sale: Now

Price: From Dh590,000

23-man shortlist for next six Hall of Fame inductees

Tony Adams, David Beckham, Dennis Bergkamp, Sol Campbell, Eric Cantona, Andrew Cole, Ashley Cole, Didier Drogba, Les Ferdinand, Rio Ferdinand, Robbie Fowler, Steven Gerrard, Roy Keane, Frank Lampard, Matt Le Tissier, Michael Owen, Peter Schmeichel, Paul Scholes, John Terry, Robin van Persie, Nemanja Vidic, Patrick Viera, Ian Wright.

Libya's Gold

UN Panel of Experts found regime secretly sold a fifth of the country's gold reserves. 

The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.

Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.

A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.

World record transfers

1. Kylian Mbappe - to Real Madrid in 2017/18 - €180 million (Dh770.4m - if a deal goes through)
2. Paul Pogba - to Manchester United in 2016/17 - €105m
3. Gareth Bale - to Real Madrid in 2013/14 - €101m
4. Cristiano Ronaldo - to Real Madrid in 2009/10 - €94m
5. Gonzalo Higuain - to Juventus in 2016/17 - €90m
6. Neymar - to Barcelona in 2013/14 - €88.2m
7. Romelu Lukaku - to Manchester United in 2017/18 - €84.7m
8. Luis Suarez - to Barcelona in 2014/15 - €81.72m
9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m

How to apply for a drone permit
  • Individuals must register on UAE Drone app or website using their UAE Pass
  • Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
  • Upload the training certificate from a centre accredited by the GCAA
  • Submit their request
What are the regulations?
  • Fly it within visual line of sight
  • Never over populated areas
  • Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
  • Users must avoid flying over restricted areas listed on the UAE Drone app
  • Only fly the drone during the day, and never at night
  • Should have a live feed of the drone flight
  • Drones must weigh 5 kg or less
Europe’s rearming plan
  • Suspend strict budget rules to allow member countries to step up defence spending
  • Create new "instrument" providing €150 billion of loans to member countries for defence investment
  • Use the existing EU budget to direct more funds towards defence-related investment
  • Engage the bloc's European Investment Bank to drop limits on lending to defence firms
  • Create a savings and investments union to help companies access capital