Ahmed Ali has been volunteering for various causes around the world since he was 15, so his latest challenge should come as no surprise.
Over the past two decades, he's helped the needy in the UK, Egypt, Pakistan and the UAE, including setting up entities of his own.
Life is unfair, we are very privileged and we have a roof over our heads and food on the table, so we can make a difference
During the coronavirus pandemic, the Dubai resident of British-Egyptian heritage has also been volunteering at Dubai Hospital, taking people's temperatures, before moving on to Dubai Municipality Clinic, where he manages the logistics of people coming in to do Covid-19 tests. That's as well as working his day job, as a project manager in the construction industry, and undertaking his latest fundraising challenge.
Ali, 33, has been running five kilometres every day between Eid Al Fitr and Eid Al Adha. He is raising money for Al Jalila Foundation's "Farah" programme, a paediatric treatment initiative for sick children. So far, 65 days in, he has raised almost Dh11,000.
So why then, with no particular personal or familial connection to volunteering for charitable causes, does Ali dedicate so much of his life to it?
"When I used to go home to Egypt, I used to see the street children or old people, the same age as my granddad, selling tissues, just trying to make money," he tells The National.
"I just thought life is unfair. We are very privileged and we have a roof over our heads and food on the table, so we can make a difference."
And so he began volunteering for charities in the UK, and in 2009, set up his own. That is Draw a Smile, initially formed in UK and now accredited by the Community Development Authority in Dubai.
It's always been my passion to help others and make a difference. If I could do this full-time, I would
The Draw a Smile volunteers work in local communities across different sectors covering health, the environment, education, people of determination and the elderly.
One of the charity's most enduring initiatives is the “Cool their Summer” campaign – distributing cold water, juice, laban and other supplies to those working outside throughout summer. Last year, the charity handed out 25,000 juices or waters. This year, Pepsi has committed 30,000 bottles of water.
"Volunteering is in my blood. I do it whenever I move to any country," Ali says.
But this year, as well as his volunteering amid the pandemic, he wanted to do something more.
Realising he'd become lethargic when restrictions on movement were imposed within the city, and he hadn't run in 67 days, he committed to running that same length of time, every day for five kilometres throughout summer, without fail. And it just so happened that the number of days between Eid Al Fitr and Eid Al Adha was 67.
He'd only taken up running in 2018, when he trained himself to run the Dubai Marathon to raise money for a young child with a rare disability.
Ali has also since taken up working with Heroes of Hope, a community outreach initiative that supports people of determination through sports.
Ali says he wants to "raise awareness" for Al Jalila Foundation, as well as encourage people to get active during the pandemic. In the past four-and-a-half months, he has lost 14 kilograms between being on the keto diet and his running challenge. He invites people from the Dubai running community to join him on his daily runs, which usually take place around Kite Beach at sunset, because of the soaring temperatures. Sometimes there are five or 10 others in attendance, sometimes it is only him.
"I wanted something to commit myself to running every day. It helps the kids, we help ourselves and everyone wins."
The #Eid2EidChallenge is endorsed by Dubai Sports Council, sponsored by water company MonViso and supported by Hopasports. MonViso has pledged to match the donations at the end of the challenge.
But with such a huge range of causes to support, does he not find it all exhausting?
He admits he does, but says he would be lost without it.
"It's always been my passion to help others and make a difference. If I could do this full-time, I would."
It's why Ali has become such a valuable member of the charitable community in Dubai.
Dr Abdulkareem Sultan Al Olama, chief executive of Al Jalila Foundation, says it is "so lucky to be surrounded by so many incredible supporters, like Ahmed Ali, who use their passion for running to help patients in need."
“An active lifestyle is the cornerstone of health, and sport provides a platform to champion healthy living and raise funds to support charitable causes," Al Olama says. "It’s inspiring to see that despite the challenges that Covid-19 has had on our lives, members of the community are determined to use this time to do good and make a difference to people’s lives."
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The specs
Engine: 2.5-litre, turbocharged 5-cylinder
Transmission: seven-speed auto
Power: 400hp
Torque: 500Nm
Price: Dh300,000 (estimate)
On sale: 2022
FIGHT%20CARD
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BUNDESLIGA FIXTURES
Saturday, May 16 (kick-offs UAE time)
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RB Leipzig v Freiburg (4.30pm)
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Fortuna Dusseldorf v Paderborn (4.30pm)
Augsburg v Wolfsburg (4.30pm)
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Sunday, May 17
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Union Berlin v Bayern Munich (7pm)
Monday, May 18
Werder Bremen v Bayer Leverkusen (9.30pm)
THE DETAILS
Kaala
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Starring: Rajinikanth, Huma Qureshi, Easwari Rao, Nana Patekar
Rating: 1.5/5
The specs
Engine: 2.0-litre four-cylinder turbo
Power: 178hp at 5,500rpm
Torque: 280Nm at 1,350-4,200rpm
Transmission: seven-speed dual-clutch auto
Price: from Dh209,000
On sale: now
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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.”
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