The world continues to watch in amazement as two of the world's most famous siblings, Princes William and Harry, endure a public fallout.
While Prince William, 40, has stayed tight-lipped about the reasons behind the feud, Prince Harry, 38, has made revelations about his family in a Netflix documentary, as well as in his bestselling book, Spare, in which he talks candidly about the state of his relationship with his brother.
While parents of young children can often cajole little ones into making up after a fight with a few words of encouragement or a stern warning about consequences, getting adult siblings to come together following an argument can be much more difficult, given the arguments grown-ups have are vastly different.
Parents should not act as messengers between adult siblings. This can escalate the problem
Mohamad Naamani,
clinical psychologist, Priory Wellbeing Centre, Dubai
As children grow, the main areas of conflict can include insecurity over comparing finances, status and achievement; caring for ageing parents; as well as different values and lifestyles. “Older siblings tend to fall out more over issues related to individual identity and preferences, and conflict in decisions and opinions related to important life decisions or family matters,” says Sonia Singhal, lead assessment specialist and counselling psychologist at Thrive Wellbeing Centre, Dubai.
“When it comes to older siblings who are in conflict, parents can try to be supportive and helpful, but unless both parties request their parents to intervene, it would be advised to let them resolve their issues by themselves,” says Singhal.
“If parents do get involved, the best approach in most situations might be to listen and validate both points of view, instead of taking sides or getting caught in the middle.”
When to step in, when to step back
“Older siblings are at a stage where they are capable of independently addressing their own problems in the way they find is suitable for them,” says Mohamad Naamani, clinical psychologist at Priory Wellbeing Centre, Dubai. “Parents should encourage older siblings to resolve their own problems to promote their sense of autonomy. However, it is also important that parents provide emotional support for both siblings as fairly as possible.”
Help and support your adult children to have realistic expectations of sibling relationships
Dr Tara Wynn,
clinical director, Lighthouse Arabia
Early intervention to avoid letting issues fester is the best course. Parents are also advised to acknowledge the gripes of both parties, instead of attempting to fix them.
“Parents should not act as messengers between adult siblings,” says Naamani. This can escalate the problem and further rupture the children's relationship with each other and with the parents as well.”
Allowing for space between siblings is advisable; however, experts suggest putting a time limit on siblings going without talking, to avoid the split from becoming permanent. “Letting the space become permanent can let adult siblings simply avoid their issues forever,” says Dr Tara Wynn, clinical psychologist and clinical director at Lighthouse Arabia. “The grudges and grievances can harden and calcify, and they can mistakenly assume they are better off or have no need for their sibling because they have learnt to live without them.”
Tips for parents to facilitate harmony
“When we are in a state of blame, we shut down and revert to black and white thinking,” says Denis Liam Murphy, author of The Blame Game: How to Recover from the World’s Oldest Addiction. “We look for the quick-fix rather than a big-picture solution. When we are out of blame, our default is curiosity, creativity and empathy. We then see in colour again where more doors of possibility are open.”
Wynn adds: “Give both parties a chance to name their grievance and also how they want the relationship to be and who they want to be in that relationship. Help and support your adult children to have realistic expectations and set healthy boundaries with their siblings.”
If mediation within the family unit hasn’t worked, parents should turn to outside help in the form of therapy to try and resolve issues.
“If adult siblings require therapy, the type of therapy will dictate who is involved,” says Wynn. “Typically, family therapy requires everyone to come together and then possibly see relevant units thereafter.
“Parents should make themselves available, but also peripheral if the focus should be on the siblings themselves.”
It's also important to note that adult sibling disagreements tend to start when they are still children. “The conflict typically derives from early-life sibling rivalries over parental preferences and favouritism,” says Wynn. “Adult siblings may still be vying for love, time and attention, and resultantly nurture resentments for inequalities that exist. Childhood roles and dynamics can be hard to shake, and siblings often rebel against those roles as adults.”
Consequently, it’s important for parents to understand that arguments or rivalries that begin in childhood may not automatically disappear when they are adults, making it important to address issues at any age.
French business
France has organised a delegation of leading businesses to travel to Syria. The group was led by French shipping giant CMA CGM, which struck a 30-year contract in May with the Syrian government to develop and run Latakia port. Also present were water and waste management company Suez, defence multinational Thales, and Ellipse Group, which is currently looking into rehabilitating Syrian hospitals.
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Name: Enhance Fitness
Year started: 2018
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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
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UAE currency: the story behind the money in your pockets
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The Sand Castle
Director: Matty Brown
Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea
Rating: 2.5/5