Why Phnom Penh?
In the past six years, a cultural renaissance has taken place in Phnom Penh, with new art galleries, boutique stores and a vibrancy and chaotic energy now present that feels infectious. Buddhist monks in bright orange robes now share the streets with young professionals, artists and filmmakers and wide-eyed tourists. At the same time, it doesn't take long to realise that the Cambodian capital is, at its heart, a city still struggling with its recent history, even as it strives forward.
In the 1870s, the French transformed what was a small village at the mouth of three mighty rivers into a grandiose colonial capital. For almost 100 years, it remained a city known primarily for its stunning architecture, both from the French days and the subsequent Cambodian monarchic rule, which ended abruptly in 1975 when the Khmer Rouge's guerrilla forces took over the country. Phnom Penh was quickly emptied of people, as almost everyone was sent to the countryside to work, and for the next three years the country was held in a grip of terror. Upwards of 1.7 million people died during a bloody period before the regime was overthrown, and it would take until the late 1990s for the civil war to fully end and peace to return. Now it finally looks like prosperity is also on the horizon - though the streets remain as dusty as ever.
A comfortable bed
Those wanting to recline in colonial glory may opt for the five-star Raffles Hotel Le Royal, first opened in 1929. Rooms start from $216 per night (Dh793) (www.raffles.com; 00 855 23 98 1888). Nowadays, however, Phnom Penh is also home to a number of stylish boutique hotels, including White Mansion, the former American embassy that has been repurposed as an ambient boutique hotel featuring an attractive blend of Khmer designs and modern touches (www.hotelphnompenh-whitemansion.com; 00 855 23 555 0955). Rooms from $99 (Dh364), including breakfast and taxes. Likewise, The Plantation (theplantation.asia; 00 855 23 21 5151), located just behind the Royal Palace at the heart of the city, is a peaceful base from which to explore the nearby city. Rooms start from as little as $69 (Dh253) for a double room with breakfast.
Find your feet
Start at Wat Phnom, a picturesque Buddhist pagoda on the hilltop from which the city gets its name. From there head in the direction of the riverfront, making sure to pass some of the rundown delights of the former French Quarter, including the recently renovated Post Office, which originally dates from the 1890s. Also not to be missed is the architecture by Cambodian Vann Molyvann, who in the 1950s and 1960s fused together ancient and contemporary styles to create some of the city's most iconic structures. Take one of Khmer Architecture Tours (www.ka-tours.org) to find out more.
After passing through the chaotic market area you should arrive at the waterfront, ideal for an evening stroll or to watch the boats go by. Finally, head to the area in front of the ornate Royal Palace complex, which has been the home of the Cambodian monarch since 1865 (with some notable periods of forced absence).
Meet the locals
Most evenings, the small square in front of the Royal Palace is abuzz with monks, young families and those looking for a place to relax with friends as the temperature cools (young couples choose benches on the nearby riverside, where the light is a bit more moody and romantic). Alternatively, head to nearby Ounalom Pagoda, an often-overlooked temple complex that offers shelter from the midday heat, serene Buddhist prayer chambers, and friendly and welcoming monks happy to engage in conversation. For the more artistically inclined, stop by Meta House (www.meta-house.com), which is fast becoming the artistic hub of the city.
Book a table
Unlike neighbouring Thailand and Vietnam, Cambodia isn't known for its culinary offerings. Romdeng, on Street 278, is one of the best options for those wanting to try some traditional Khmer cuisine in a beautiful setting, and has the feel-good factor of being staffed by former street children. Make sure you try the amok fish curry and sour beef and morning glory soup (though perhaps stay clear of the fried tarantula). Khmer Surin, on Street 57, is also highly regarded for its reasonably priced food, ambient decor and fun atmosphere. A full feast at either will cost you less than $12 (Dh44) per person. Alternatively, head to the Foreign Correspondents' Club (363 Sisowath Quay; www.fcccambodia.com; 00 855 23 21 0142) for fine international dining with an open-air view over the river. Main courses at FCC will set you back anywhere between $6-$16 (Dh22-Dh59), and include beautifully prepared grilled sea bass, yellowfin tuna, and Kari Banlei, a vegetarian red curry with tamarind and ampot pepper dressing.
Shopper's paradise
Street 240 has become the centre of new and funky Phnom Penh - the place where the young and upwardly mobile head to for international cuisine and boutique shopping. Charming French jewellers (Waterlily, No 37) stand a few doors away from non-profits selling beautifully crafted and sleek bamboo furniture and tableware (Mekong Creations, No 45; www.mekong-creations.org). Don't miss The Chocolate Shop, set to reopen in a month after undergoing renovations, where slabs of chocolate encrusted with Kampot pepper are sure to please (No 35; www.chocolate-cambodia.com). If you are after more traditional souvenirs, get a tuk-tuk taxi to take you to the sprawling Russian Market.
What to avoid
Like most developing nations with a booming tourist scene, there are plenty of locals looking for a quick way to take your cash. Stay clear of the sketchy bars to the north of the night market, find out from your hotel how much a tuk-tuk ride somewhere should cost before setting out and if you need medicine during your trip, then head to one of the more reputable pharmacists, since fake medicines are a major problem across the country.
Don't miss
It is still two of Phnom Penh's most morbid sites that draw the largest number of tourists: the Tuol Sleng Genocide Museum and, a 40-minute tuk-tuk ride out of town, Choeung Ek, also known as the Killing Fields, an excavated site which is now a memorial.
Go there
A return flight from Abu Dhabi to Phnom Penh via Bangkok costs from Dh2,650 with Etihad Airways (www.etihad.com). The flight takes eight and a half hours.
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Brief scores:
Liverpool 3
Mane 24', Shaqiri 73', 80'
Manchester United 1
Lingard 33'
Man of the Match: Fabinho (Liverpool)
The Bio
Hometown: Bogota, Colombia
Favourite place to relax in UAE: the desert around Al Mleiha in Sharjah or the eastern mangroves in Abu Dhabi
The one book everyone should read: 100 Years of Solitude by Gabriel Garcia Marquez. It will make your mind fly
Favourite documentary: Chasing Coral by Jeff Orlowski. It's a good reality check about one of the most valued ecosystems for humanity
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Director: Laxman Utekar
Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna
Rating: 1/5
The five pillars of Islam
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
Bharatanatyam
A ancient classical dance from the southern Indian state of Tamil Nadu. Intricate footwork and expressions are used to denote spiritual stories and ideas.
Our family matters legal consultant
Name: Dr Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
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.”
What vitamins do we know are beneficial for living in the UAE
Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.
Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.
Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.
Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.
Key findings of Jenkins report
- Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
- Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
- Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
- Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5
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.
'The Batman'
Stars:Robert Pattinson
Director:Matt Reeves
Rating: 5/5
Meydan racecard:
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7.05pm: Handicap | $135,000 (Turf) | 1,200m
7.40pm: Dubai Millennium Stakes | Group 3 | $200,000 (T) | 2,000m
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9.20pm: Handicap | $135,000 (T) | 1,600m
Farage on Muslim Brotherhood
Nigel Farage told Reform's annual conference that the party will proscribe the Muslim Brotherhood if he becomes Prime Minister.
"We will stop dangerous organisations with links to terrorism operating in our country," he said. "Quite why we've been so gutless about this – both Labour and Conservative – I don't know.
“All across the Middle East, countries have banned and proscribed the Muslim Brotherhood as a dangerous organisation. We will do the very same.”
It is 10 years since a ground-breaking report into the Muslim Brotherhood by Sir John Jenkins.
Among the former diplomat's findings was an assessment that “the use of extreme violence in the pursuit of the perfect Islamic society” has “never been institutionally disowned” by the movement.
The prime minister at the time, David Cameron, who commissioned the report, said membership or association with the Muslim Brotherhood was a "possible indicator of extremism" but it would not be banned.
ADCC AFC Women’s Champions League Group A fixtures
October 3: v Wuhan Jiangda Women’s FC
October 6: v Hyundai Steel Red Angels Women’s FC
October 9: v Sabah FA
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Company Profile
Company name: Fine Diner
Started: March, 2020
Co-founders: Sami Elayan, Saed Elayan and Zaid Azzouka
Based: Dubai
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