Dr Elie Abadie, rabbi of the Association of Gulf Jewish Communities in Dubai in September, 2021. Pawan Singh / The National.
Dr Elie Abadie, rabbi of the Association of Gulf Jewish Communities in Dubai in September, 2021. Pawan Singh / The National.
Dr Elie Abadie, rabbi of the Association of Gulf Jewish Communities in Dubai in September, 2021. Pawan Singh / The National.
Dr Elie Abadie, rabbi of the Association of Gulf Jewish Communities in Dubai in September, 2021. Pawan Singh / The National.

Jews in the UAE prepare to mark Holocaust Remembrance Day


Mina Aldroubi
  • English
  • Arabic

The UAE will host Holocaust Memorial Day with prayers and survivors’ testimonies on Thursday, Dr Elie Abadie, the Emirates' senior rabbi in residence said.

The occasion, which falls on January 27 and will also be marked in Bahrain, represents a step forward towards peaceful co-existence among multi-faith societies in the Gulf.

“It is emotional, sometimes you have to pinch yourself, to make sure if it’s real and if it’s really happening, and of course it’s real,” Rabbi Abadie told The National.

Rabbi Abadie said the memorial is “a testimony to the welcoming view of the authorities here in the UAE and Bahrain, to the pledge of tolerance and coexistence in their region”.

It follows a historic resolution signed in September 2020 by the UAE and Bahraini leaders to formally establish ties with Israel.

The Abraham Accords were seen as one of the most significant breakthroughs in the Middle East peace process, which had been stalled for years. They opened the door for diplomatic, trade, travel and business ties between signatory countries.

Rabbi Abadie, who took the post on November 1, 2020, said special memorial prayers for those who were killed and survived will take place at the forthcoming service.

“On the religious side we have prayers and we have commemoration tomorrow night at the Crossroads of the Civilisation Museum in Dubai, where a ceremony will take place with speeches and the lighting of candles,” he said.

The Israeli Pavilion at Expo 2020 Dubai will also hold a commemoration with memorial prayers, candles and speeches and will also feature survivors' testimonies and children of survivors' testimonies.

“I believe this entire region is changing and their attitudes will change,” Rabbi Abadie said.

Abu Dhabi, UAE - May 18, 2009 - Jews studying the Torah in a synagogue, 1907. Part of Zayed University exhibit of historical photographs. (Nicole Hill / The National)
Abu Dhabi, UAE - May 18, 2009 - Jews studying the Torah in a synagogue, 1907. Part of Zayed University exhibit of historical photographs. (Nicole Hill / The National)

Last May, a memorial exhibition dedicated to the victims of the Holocaust was held at the Crossroads of Civilisation Museum. Its organisers said it was the first exhibition centred on the Holocaust to be staged in the Gulf.

Since the normalisation of relations between the UAE and Israel, politicians and business leaders have met and made numerous deals. Defence, technology and energy have been particularly popular sectors.

“Life is changing for the better for the Jewish communities in the UAE and Bahrain, as they are both recognised and welcomed to perform prayers, to have kosher food, to conduct marriages and live like any other community of faith that is licensed, authorised and recognised,” Rabbi Abadie said.

"It makes me feel good because we are able to live together, learn from each other, to build a community, so it’s a positive feeling," he said.

Rabbi Abadie said the developments made him nostalgic.

"It throws me back to my childhood in Lebanon, seeing Jews socialising with Muslims, Christians and all kinds of religions in a peaceful and friendly way," he said.

Rabbi Abadie is fluent in Arabic and six other languages. He was born in Beirut and his family left Lebanon in 1971 when he was only 6. He moved to the US after eight years.

He belongs to a rabbinical lineage that dates back to the 15th century and has roots in Spain and France.

The Bio

Favourite vegetable: “I really like the taste of the beetroot, the potatoes and the eggplant we are producing.”

Holiday destination: “I like Paris very much, it’s a city very close to my heart.”

Book: “Das Kapital, by Karl Marx. I am not a communist, but there are a lot of lessons for the capitalist system, if you let it get out of control, and humanity.”

Musician: “I like very much Fairuz, the Lebanese singer, and the other is Umm Kulthum. Fairuz is for listening to in the morning, Umm Kulthum for the night.”

Company%20profile
%3Cp%3E%3Cstrong%3ECompany%3A%20%3C%2Fstrong%3ESplintr%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3EMay%202019%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EMohammad%20AlMheiri%20and%20Badr%20AlBadr%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%20and%20Riyadh%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3Epayments%20%2F%20FinTech%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ESize%3A%20%3C%2Fstrong%3E10%20employees%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInitial%20investment%3A%20%3C%2Fstrong%3Eundisclosed%20seven-figure%20sum%20%2F%20pre-seed%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStage%3A%20%3C%2Fstrong%3Eseed%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3Eangel%20investors%3C%2Fp%3E%0A
How to apply for a drone permit
  • Individuals must register on UAE Drone app or website using their UAE Pass
  • Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
  • Upload the training certificate from a centre accredited by the GCAA
  • Submit their request
What are the regulations?
  • Fly it within visual line of sight
  • Never over populated areas
  • Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
  • Users must avoid flying over restricted areas listed on the UAE Drone app
  • Only fly the drone during the day, and never at night
  • Should have a live feed of the drone flight
  • Drones must weigh 5 kg or less

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.”

The specs: 2018 Jaguar F-Type Convertible

Price, base / as tested: Dh283,080 / Dh318,465

Engine: 2.0-litre inline four-cylinder

Transmission: Eight-speed automatic

Power: 295hp @ 5,500rpm

Torque: 400Nm @ 1,500rpm

Fuel economy, combined: 7.2L / 100km

Europe’s rearming plan
  • Suspend strict budget rules to allow member countries to step up defence spending
  • Create new "instrument" providing €150 billion of loans to member countries for defence investment
  • Use the existing EU budget to direct more funds towards defence-related investment
  • Engage the bloc's European Investment Bank to drop limits on lending to defence firms
  • Create a savings and investments union to help companies access capital
Avatar%3A%20The%20Way%20of%20Water
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EJames%20Cameron%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3ESam%20Worthington%2C%20Zoe%20Saldana%2C%20Sigourney%20Weaver%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E3.5%2F5%3C%2Fp%3E%0A
Updated: January 26, 2022, 6:30 PM