The Jordanian 'duke' who opens doors to homes and history


Khaled Yacoub Oweis
  • English
  • Arabic

The doors of one of Amman’s oldest and most beautiful homes are never closed to visitors.

Most of Jordan’s rich shut themselves up in their mansions in West Amman but Mamdouh Bisharat, 83, is keen to keep alive the tradition of openness that was crucial to sustaining Jordan through its first 100 years as a kingdom.

His home is a only short walk uphill from central Amman, overlooking the city's Roman amphitheatre.

The villa was built in the mid-1920s, when only a few thousand people lived in Amman, compared with about four million today. Anyone is free to drop by.

Over glasses of home-made lemonade, Mr Bisharat regales visitors with tales that span the history of modern Jordan, before sending them off with bags of aubergines, tomatoes and cabbages from his estates across the country

Mamdouh Bisharat's home in Amman’s Jabal Al Jofah area. Amy McConaghy / The National
Mamdouh Bisharat's home in Amman’s Jabal Al Jofah area. Amy McConaghy / The National

Through his recollections, his guests, many of them young Jordanians, are given an idea of how the bare, nomadic region east of the River Jordan came to be regarded as a bastion of stability in the Middle East.

“The idea that this country survived is an achievement,” he says.

Remembering Jordan's first king

The Bisharat family has played an important role in the development of the modern state of Jordan.

The family's estates hosted meetings between King Abdullah, the first ruler of the British protectorate of Transjordan created in 1921 and then king of Jordan when the territory gained independence in 1946, and constituents from across the country ranging from tribal leaders to established landowners and members of the emerging farming and merchant classes.

Mamdouh Bisharat holds a photograph of Turkish artist Princess Fahrelnissa Zeid, presenting him with a personal portrait. Amy McConaghy / The National
Mamdouh Bisharat holds a photograph of Turkish artist Princess Fahrelnissa Zeid, presenting him with a personal portrait. Amy McConaghy / The National

Mr Bisharat remembers once playing in the lap of the king as he was holding one of his long discussions to chart the country’s path.

The incident happened in the mid-1940s, as the king was hosting a political luncheon at a Bisharat villa in Jabal Al Weibdeh, one of Amman's "original" Roman-era hills that overlook its centre. Mr Bisharat, then a slender child of about 7 or 8 with wide eyes, was busy playing in the same room.

The king beckoned him and gently asked him to play quietly.

“I sat on his lap,” he recalls.

“He knew how to interact with anyone.”

Preservationist streak

Although he has spent his life among Jordan’s elite, moving in the circles of wealth and power that influenced the country, Mr Bisharat is captivated by “the soul, the holiness” of old buildings.

“It was in the back of my mind that any old house should be kept and preserved,” he says while giving a tour of his home.

The main hall is lined with Roman busts from the city of Gadara, now named Umm Qais. It is one of Jordan’s archaeological treasures, situated near the Golan Heights and the Sea of Galilee.

Ancient statues discovered in Jordan and preserved by Mamdouh Bisharat. He purchased many statues and artefacts to prevent them being sold overseas. Amy McConaghy / The National
Ancient statues discovered in Jordan and preserved by Mamdouh Bisharat. He purchased many statues and artefacts to prevent them being sold overseas. Amy McConaghy / The National

Mr Bisharat acquired the statues before trading in antiquities was banned in the 1970s. His father, Chibli Bisharat, bought farmland in Mukheibeh, near Umm Qais, in the 1950s.

Nicknamed “the Duke of Mukheibeh” by King Hussein, Jordan's third ruler, Mr Bisharat has deep attachment to his country’s history.

He has worked with archaeologists and architects to protect landmark buildings and major sites of antiquity. He also helped to build Jordan’s National Gallery of Fine Arts.

Duke’s Diwan

Two decades ago, Mr Bisharat stepped in to rescue a two-storey villa in central Amman, also built in the 1920s, that was about to be demolished. The villa is a short walk from his home in Jabal Al Jofah, another of the seven original hills of the capital.

The villa became Jordan’s first post office and then the Haifa Hotel in the late-1940s. Like many other buildings in the area, it fell into decay as businesses started moving to western Amman in the 1980s.

Mr Bisharat filled the black-and-white tiled rooms with antiques, paintings and books and turned the second floor into The Duke’s Diwan – a meeting place or salon for anyone to visit that has become as well known for the hospitality of its patron as for its setting. Visitors who climb the yellow-stone staircase are treated to a view from the balcony of the King Faisal thoroughfare.

Whether at the Duke's Diwan or at his own home, he says, “anyone is free to come in".

Inside the ‘Duke’s Diwan’, Amman’s first post office and now an Arts and Cultural museum preserved by Mamdouh Bisharat. Amy McConaghy / The National
Inside the ‘Duke’s Diwan’, Amman’s first post office and now an Arts and Cultural museum preserved by Mamdouh Bisharat. Amy McConaghy / The National

Continuity

The Bisharat family has owned the same land from Ottoman times in the 19th century, bartering over crops with other parts of the empire.

Farming and herding, a mainstay of Jordan's economy in the 1930s and 1940s, now accounts for only about 5 per cent of gross domestic product, and less than one fifth of exports.

A significant proportion of the Bisharat farmland is in Um Al Kundum near Amman, where property values have soared as the capital expanded.

But Mr Bisharat has declined lucrative offers for the land. “I won't accept money so a shopping centre can be built on land we have eaten from or survived on for thousands of years,” he says.

A portrait of Mamdouh Bisharat’s father, who built the house in which he now lives, hangs above a collection of family photos. Amy McConaghy / The National
A portrait of Mamdouh Bisharat’s father, who built the house in which he now lives, hangs above a collection of family photos. Amy McConaghy / The National

Eclectic roots

The crown jewel of the family's property is the villa in Jabal Al Jofah where Mr Bisharat now lives, a monument to the various roots of modern Jordanian society.

Designed by Lebanese architect Sabee Samaha, the relatively small villa is a mixture of Ottoman and French architecture, built by Palestinian masons using rock hewn from nearby hills and decorated with Turkish-motif tiles laid by Syrian craftsmen.

The interior resembles a museum chronicling different chapters of the country’s history.

Paintings by artists from Jordan and abroad cover the walls. A table in the study rests on four heads of ancient Roman columns.

In the dining room, a portrait painted in the 1980s by Turkish modern art pioneer Princess Fahrelnissa Zeid shows Mr Bisharat in an orange shirt with a bright green scarf.

His hairline has since receded but his thick eyebrows and large eyes remain the same.

A portrait of Mahmdouh Bisharat, painted in 1988 by renowned Turkish artist Princess Fahrelnissa Zeid. Amy McConaghy / The National
A portrait of Mahmdouh Bisharat, painted in 1988 by renowned Turkish artist Princess Fahrelnissa Zeid. Amy McConaghy / The National

 

 

 

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Petrarch: Everywhere a Wanderer
Christopher Celenza,
Reaktion Books

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What drives subscription retailing?

Once the domain of newspaper home deliveries, subscription model retailing has combined with e-commerce to permeate myriad products and services.

The concept has grown tremendously around the world and is forecast to thrive further, according to UnivDatos Market Insights’ report on recent and predicted trends in the sector.

The global subscription e-commerce market was valued at $13.2 billion (Dh48.5bn) in 2018. It is forecast to touch $478.2bn in 2025, and include the entertainment, fitness, food, cosmetics, baby care and fashion sectors.

The report says subscription-based services currently constitute “a small trend within e-commerce”. The US hosts almost 70 per cent of recurring plan firms, including leaders Dollar Shave Club, Hello Fresh and Netflix. Walmart and Sephora are among longer established retailers entering the space.

UnivDatos cites younger and affluent urbanites as prime subscription targets, with women currently the largest share of end-users.

That’s expected to remain unchanged until 2025, when women will represent a $246.6bn market share, owing to increasing numbers of start-ups targeting women.

Personal care and beauty occupy the largest chunk of the worldwide subscription e-commerce market, with changing lifestyles, work schedules, customisation and convenience among the chief future drivers.

Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

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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Tips for taking the metro

- set out well ahead of time

- make sure you have at least Dh15 on you Nol card, as there could be big queues for top-up machines

- enter the right cabin. The train may be too busy to move between carriages once you're on

- don't carry too much luggage and tuck it under a seat to make room for fellow passengers

If you go...

Flying
There is no simple way to get to Punta Arenas from the UAE, with flights from Dubai and Abu Dhabi requiring at least two connections to reach this part of Patagonia. Flights start from about Dh6,250.

Touring
Chile Nativo offers the amended Los Dientes trek with expert guides and porters who are met in Puerto Williams on Isla Navarino. The trip starts and ends in Punta Arenas and lasts for six days in total. Prices start from Dh8,795.

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The biog

Year of birth: 1988

Place of birth: Baghdad

Education: PhD student and co-researcher at Greifswald University, Germany

Hobbies: Ping Pong, swimming, reading

 

 

Updated: October 23, 2021, 3:30 AM