Captain Yood sat high on the stern and steered the longtail boat with his foot. As we passed in the lee of yet another island, the ear-splitting noise of the engine bounced back at us off sheer limestone and for a moment we couldn't hear each other speak. And then we moved past gleaming sands fringed by luxuriant forest, the sound softened again but there was still no mistaking our advance; if we'd been trying to creep up on anyone, we were definitely in the wrong kind of boat.
It felt a bit unfortunate to be shattering the peace of the Angthong Marine Park, those 42 pristine knuckles of limestone bristling with lush tropical jungle and strewn across the Gulf of Thailand, about 28km west of the holiday island of Koh Samui. But then we weren't going to be waking anyone up, because only one of the islands - Wua Talap - is officially inhabited. In fact, it was on Wua Talap that we'd come ashore from our speedboat from Koh Samui that morning and hired Captain Yood to show us the crannies of the Marine Park that the normal day-trip traffic would never reach.
Thus it was that we'd been to the Devil's Bridge, startling a basking turtle on the way; that we'd seen the sad-faced Dusky Langurs and the hornbills who lived at the back of the gorgeous beach at Had Tham Ray; that we'd been to the lagoon that partly inspired Alex Garland's book The Beach on the island of Mae Ko; and now Captain Yood was delivering us to our own private swimming pool, a perfectly sheltered little rock-fringed bay where he ran the longtail's bows up onto coral sand in a semi-cave. Our teenagers, Thomas and Rhena, tipped overboard into a limpid sea as clear as a windscreen and so calm it seemed like it could barely summon up the energy to make waves. We could scarcely believe our luck in having all of this to ourselves.
We don't often do exotic holidays in our family, but having a son about to go off to university is something of a landmark moment and we wanted a shared experience that was exotic but in no way difficult or threatening. Thailand was providing just that.
We'd started slowly, in Bangkok, where the mingling of east and west is a strange mixture of the futuristic and the mystical. The Skytrain, the skyscrapers, the huge shopping malls and the new metro represented the forward-thrusting tiger economy, whilst the spirit houses, the street stalls, the food markets and the soaring red- and gold-roofed temples represented the traditional, spiritual Bangkok. It's a place in the midst of furious change, not always appreciated by tourists. This was demonstrated when we enquired about the possibility of visiting a floating market, only to be told by our guide: "We don't have them in Bangkok any more. We have Tesco."
Within a few days we'd visited the main sites, from the Buddha made of more than 5,000kgs of solid gold in Wat Traimit, to the Grand Palace, a whole walled city in itself of temples, pagodas, pavilions and European-style mansions intended for state visitors, and packed with monkey gods, chedis, emerald Buddhas and mythical birds.
All this colour and noise can result in sensory overload, but fortunately there were some delightful places to escape. In the Supatra River House restaurant, for example, a traditional teakwood house on the banks of Bangkok's Chao Phraya river, we had a lunch of soft shell crab and chicken massaman while watching the mayhem as the longtails, the river taxis and the rice barges carve through the floating water hyacinth beyond our window. And on the 26th floor of the Rembrandt Hotel we had a meal in the Rang Mahal, one of Bangkok's best Indian restaurants, savouring the taste of hand-ground spices while looking down over a cityscape patched with the blue rooftop swimming pools, like fragments of sky fallen to the ground.
Our teenagers were initially nervous of Bangkok's frenzied exoticism and wary of the heat and the unfamiliar diet, but their confidence quickly returned. Rhena and her mother visited a fish spa, a new experience which had them shrieking initially as the fish got to work nibbling at the dead skin on their feet, and then cooing over the smoothness of the result. In the weekend market Thomas challenged me to tackle half a dozen dishes from a variety of foodstalls to see who really liked it hot. Fortunately neither of us experienced any serious consequences.
On our last evening in the city we made an excursion to Siam Niramit, a spectacular show of Thai arts and culture. It's where Thai dancing meets Glee - complete with elephants and a river across the stage - and it made a fitting introduction to the next section of our holiday - up to Thailand's northern capital, Chiang Mai.
Chiang Mai is the place to get to grips with traditional Thailand. Unlike Bangkok, it is almost entirely low-rise, and its ancient centre is composed of intimate neighbourhoods with small hotels, markets, restaurants and travel agencies. The city's setting, amid a fertile plain surrounded by rainforest-clad mountains, makes it an excellent starting point for adventures into Thai countryside on bicycles, on foot, on river rafts, and even on the back of an elephant.
So we did a bit of town, and a bit of country. We tried cookery classes at an organic farm amongst the rice paddies. We visited the Patara elephant farm, one of 16 such establishments in the hills that skirt the city, and learned how to be a mahout (elephant handler) for a day. We even rented small motorbikes to explore the hills, returning in the evening to our boutique hotel not far from Chiang Mai's celebrated night market. The latter was a mixture of temporary street stalls and permanent roofed market areas, where stall-holders sold the latest in boho-chic as well as the latest in tribal fashion.
All in all, it was brilliant for teenagers, who weren't so intimidated as they had been in Bangkok. They particularly liked the market and the motorbikes, but Chiang Mai lacked one key ingredient that my daughter particularly craved: sunbathing.
This explains how we headed south again, and finding our own island swimming pools with Captain Yood.
Whereas Bangkok and Chiang Mai had been slices of Thailand going about their daily business, with us tagging along for the ride, the island of Koh Samui lives, eats and breathes tourism. It starts from the moment you touch down at its small, charmingly laid-back airport, where the terminal buildings are little more than thatched huts between the coconut palms.
For our base on the island we side-stepped the biggest resort of Chaweng, which we thought was a bit brash, and chose to stay in neighbouring Lamai instead. The sea was calm, the beach was broad and clean, and Rhena just loved the itinerant food vendors on the sands, particularly the women with the spring rolls and the guy with the fruit cart, who served up slices of fresh pineapple and mango in plastic bags with a little twist of salt. In the evening we watched the beach boys play sepak takraw, a mix between keepy-uppy and volley-ball, played with a light rattan ball and with considerable skill.
It was from Lamai that we arranged the speedboat across to Angthong and the tour with Captain Yood, but we also had excursions closer to home. There was, for example, a Muslim fishing village a couple of miles down the coast from Lamai, and farther south amongst the coconut palms we came across a working monkey, trained to climb the trees and throw the coconuts down. It was happy to pose for photographs on Thomas's shoulder; in fact, they seemed very comfortable in each other's company.
We also visited Wat Kunaram, a gloriously decorative red and gold temple, with satin-robed monks in attendance. The temple's special feature was one of its previous abbots, whose soul may have departed but whose mummified body was still sitting in a glass case in the prayer hall. Bizarrely, he was wearing dark glasses (evidently his eyes were not a pretty sight), and Rhena thought it looked creepy beyond words.
Lamai's shopping and its night market was much more to her liking. Clothing, cosmetics, jewellery, shoes, all seemed incredibly good value - and a real change to the stuff available on the high street back home in Britain. Thomas stocked up with Thai fishermen's trousers and, at just £4 (Dh23) for an hour, none of us could resist a massage on the beach.
It was in the night market that we had some of our best Thai food, from green curry and seafood omelettes to peanut pancakes, deep-fried crab and fresh fish grilled over charcoal. Everything was cooked on demand, the cost was minimal, and the dishes were eaten sitting at communal tables under the stars. It wasn't so bad, agreed the teenagers, living life like a Thai.
If you go
The flight
Return flights with Etihad Airways (www.etihadairways.com) from Abu Dhabi to Bangkok cost from Dh3,600, including taxes.
The stay
Double rooms at Bangkok's riverside Mandarin Oriental (www.mandarinoriental.com; 00 66 2659 9000) cost from Dh1,185 per night. In downtown Chiang Mai, double rooms at the Chedi (www.ghmhotels.com, 00 66 53 253 333) cost from Dh548 per night. In Lamai, the boutique-style Pavilion (www.pavilionsamui.com, 00 66 77 424 030) offers double rooms from Dh530 per night. Prices include taxes.
Anghami
Started: December 2011
Co-founders: Elie Habib, Eddy Maroun
Based: Beirut and Dubai
Sector: Entertainment
Size: 85 employees
Stage: Series C
Investors: MEVP, du, Mobily, MBC, Samena Capital
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.”
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
COMPANY%20PROFILE
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COMPANY%20PROFILE
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Gulf Under 19s
Pools
A – Dubai College, Deira International School, Al Ain Amblers, Warriors
B – Dubai English Speaking College, Repton Royals, Jumeirah College, Gems World Academy
C – British School Al Khubairat, Abu Dhabi Harlequins, Dubai Hurricanes, Al Yasmina Academy
D – Dubai Exiles, Jumeirah English Speaking School, English College, Bahrain Colts
Recent winners
2018 – Dubai College
2017 – British School Al Khubairat
2016 – Dubai English Speaking School
2015 – Al Ain Amblers
2014 – Dubai College
The specs
Engine: 8.0-litre, quad-turbo 16-cylinder
Transmission: 7-speed auto
0-100kmh 2.3 seconds
0-200kmh 5.5 seconds
0-300kmh 11.6 seconds
Power: 1500hp
Torque: 1600Nm
Price: Dh13,400,000
On sale: now
'I Want You Back'
Director:Jason Orley
Stars:Jenny Slate, Charlie Day
Rating:4/5
Why does a queen bee feast only on royal jelly?
Some facts about bees:
The queen bee eats only royal jelly, an extraordinary food created by worker bees so she lives much longer
The life cycle of a worker bee is from 40-60 days
A queen bee lives for 3-5 years
This allows her to lay millions of eggs and allows the continuity of the bee colony
About 20,000 honey bees and one queen populate each hive
Honey is packed with vital vitamins, minerals, enzymes, water and anti-oxidants.
Apart from honey, five other products are royal jelly, the special food bees feed their queen
Pollen is their protein source, a super food that is nutritious, rich in amino acids
Beewax is used to construct the combs. Due to its anti-fungal, anti-bacterial elements, it is used in skin treatments
Propolis, a resin-like material produced by bees is used to make hives. It has natural antibiotic qualities so works to sterilize hive, protects from disease, keeps their home free from germs. Also used to treat sores, infection, warts
Bee venom is used by bees to protect themselves. Has anti-inflammatory properties, sometimes used to relieve conditions such as rheumatoid arthritis, nerve and muscle pain
Honey, royal jelly, pollen have health enhancing qualities
The other three products are used for therapeutic purposes
Is beekeeping dangerous?
As long as you deal with bees gently, you will be safe, says Mohammed Al Najeh, who has worked with bees since he was a boy.
“The biggest mistake people make is they panic when they see a bee. They are small but smart creatures. If you move your hand quickly to hit the bees, this is an aggressive action and bees will defend themselves. They can sense the adrenalin in our body. But if we are calm, they are move away.”
Squid Game season two
Director: Hwang Dong-hyuk
Stars: Lee Jung-jae, Wi Ha-joon and Lee Byung-hun
Rating: 4.5/5
COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
WOMAN AND CHILD
Director: Saeed Roustaee
Starring: Parinaz Izadyar, Payman Maadi
Rating: 4/5
Infiniti QX80 specs
Engine: twin-turbocharged 3.5-liter V6
Power: 450hp
Torque: 700Nm
Price: From Dh450,000, Autograph model from Dh510,000
Available: Now
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
Honeymoonish
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The%20Mother%20
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The National in Davos
We are bringing you the inside story from the World Economic Forum's Annual Meeting in Davos, a gathering of hundreds of world leaders, top executives and billionaires.