The Grand Imam of Al Azhar Mosque and University is considered Sunni Islam’s highest authority in jurisprudence.
The Grand Imam can issue fatwas or rulings over worldly issues from a religious standpoint where there is disagreement among scholars.
Sheikh Ahmed El Tayeb was appointed as Al Azhar’s 50th Grand Sheikh by former Egyptian President Hosni Mubarak after the death of his predecessor in 2010.
However, Al Azhar’s leader is no longer appointed by the president and is instead elected by an institutional committee.
-

Dr Ahmed Al Tayeb, Grand Imam of Egypt's Al Azhar Mosque, delivers a speech on October 7 in Rome, Italy. AFP -

Sheikh Mohammed bin Rashid, Vice-President and Ruler of Dubai, centre, with Pope Francis, right, and the Grand Imam of Al Azhar arrive at the Human Fraternity Meeting in Abu Dhabi on February 4, 2019. Ministry of Presidential Affairs -

Pope Francis and Dr Al Tayeb greet each other after signing documents during the meeting. AFP -

Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, bids farewell to Dr Al Tayeb at the end of his visit to the UAE. -

Oman's Sultan Haitham bin Tariq receives Dr Al Tayeb in Muscat on January 14, 2020. AFP -

President of Egypt Abdel Fattah El Sisi walks alongside Saudi Crown Prince Mohammed bin Salman and Dr Al Tayeb in Cairo on March 6, 2018. AFP -

French President Emmanuel Macron and his wife Brigitte are welcomed by Dr Al Tayeb during his visit to the Azhar headquarters in Cairo on January 29, 2019. AFP -
Pope Francis greets Dr Al Tayeb in Cairo on April 28, 2017. Reuters -

Dr Al Tayeb meets German Chancellor Angela Merkel in Cairo on March 2, 2017. AFP -

Dr Al Tayeb meets Saudi King Salman bin Abdulaziz in Cairo on April 9, 2016. AFP -
Pope Francis exchanges gifts with Dr Al Tayeb at the Vatican on May 23, 2016. Reuters -

Dr Al Tayeb meets Bahrain's King Hamad bin Issa Al Khalifa at his office in Cairo on April 26, 2016. AFP -

Britain's Prince Charles poses for a picture with Dr Al Tayeb and the Archbishop of Canterbury Justin Welby at Clarence House in London on June 11, 2015. AFP -

Egypt's President Abdel Fattah El Sisi, along with Dr Al Tayeb and Prime Minister Ibrahim Mahlab, perform Eid Al Adha prayers in Cairo on October 4, 2014. AFP -

Dr Al Tayeb greets former US president Jimmy Carter upon the latter's arrival for a meeting in Cairo on May 24, 2012. AFP -

Pope Shenouda III of Alexandria, Dr Al Tayeb, Egyptian Mufti Ali Gomaa and Egypt's Minister of Awqaf Mahmud Hamdi Zaqzuq hold a joint press conference in Cairo on January 2, 2011, following the New Year's Eve car bomb attack on the Al Qiddissine church in Alexandria. AFP -

Dr Al Tayeb casts his ballot at a polling station in the Heliopolis suburb of Cairo on November 28, 2011. AFP -

Dr Al Tayeb meets with Egyptian-American scientist and 1999 Nobel Chemistry Laureate Ahmed Zewail in Cairo on July 12, 2010. AFP -

Dr Al Tayeb at the funeral of the Grand Sheikh of Al Azhar, Mohammed Sayed Tantawi, on March 10, 2010. Dr Tayeb has been the president of Al Azhar University since 2003. EPA
Based in Egypt’s capital, Cairo, Al Azhar is the most prestigious educational facility for those who enter the field of Islamic jurisprudence and learning. Al Azhar and its network of 9,000 schools across Egypt is attended by two million students.
One of the world’s oldest universities, Al Azhar was re-established during President Gamal Abdel Nasser’s reign when non-religious subjects were added to its curriculum in 1961 transforming it from an Islamic learning facility, to a fully fledged university.
In 2013, Azhar also made reforms to its curriculum, moving away from outdated passages towards teachings that are more compatible with the modern age.
“Sharia allows for rulings that are no longer applicable to the modern age to be reviewed to make it more suitable for this age,” the university’s deputy head Abbas Shuman said at the time.
Background
Sheikh El Tayeb was the president of Al Azhar for seven years before his appointment and taught in Saudi, Qatari and Emirati universities. Born in 1946, Sheikh El Tayeb is from Luxor and was himself a student at Al Azhar University from 1971.
Through interviews, Sheikh El Tayeb stood against political Islam in the form of the Muslim Brotherhood and backed the military coup which ousted Egyptian President Mohamed Morsi in 2013.
He also validated women’s ability to take on leadership positions in the corporate world and field of religion as well as their right to travel without a guardian where it is safe to do so.
In a May tweet, Sheikh El Tayeb opposed the obstruction of marriage by guardians “without adequate reasons”.
In his capacity as Grand Imam, Sheikh El Tayeb is consulted on political matters and represents the Muslim world at certain events. He co-signed the 2019 Document on Human Fraternity for World Peace and Living Together with Pope Francis in the UAE capital, Abu Dhabi, which was the basis for the interfaith Abrahamic Family House set to open in 2022.
KEY%20DATES%20IN%20AMAZON'S%20HISTORY
Moon Music
Artist: Coldplay
Label: Parlophone/Atlantic
Number of tracks: 10
Rating: 3/5
KILLING OF QASSEM SULEIMANI
National Editorial: Suleimani has been killed, now we must de-escalate
Mina Al Oraibi: Air strike casts a long shadow over the decade ahead
Jack Moore: Why the assassination is such a monumental gamble
Matthew Levitt: Iran retains its ability to launch terror attacks
Hussein Ibish: Trump's order on solid constitutional ground
Simon Waldman: Cautious Israel keeping a low profile
Rashmee Roshan Lall: Sound of silence in South Asia
Fanar Haddad: The Iranian response will be gradual
Richard Olson: Why Afghanistan will be very wary
Cricket World Cup League Two
Oman, UAE, Namibia
Al Amerat, Muscat
Results
Oman beat UAE by five wickets
UAE beat Namibia by eight runs
Fixtures
Wednesday January 8 –Oman v Namibia
Thursday January 9 – Oman v UAE
Saturday January 11 – UAE v Namibia
Sunday January 12 – Oman v Namibia
The burning issue
The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.
Read part four: an affection for classic cars lives on
Read part three: the age of the electric vehicle begins
Read part one: how cars came to the UAE
%E2%80%98FSO%20Safer%E2%80%99%20-%20a%20ticking%20bomb
WOMAN AND CHILD
Director: Saeed Roustaee
Starring: Parinaz Izadyar, Payman Maadi
Rating: 4/5
The burning issue
The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.
Read part four: an affection for classic cars lives on
Read part three: the age of the electric vehicle begins
Read part two: how climate change drove the race for an alternative
Zodi%20%26%20Tehu%3A%20Princes%20Of%20The%20Desert
Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
MATCH INFO
Barcelona 2
Suarez (10'), Messi (52')
Real Madrid 2
Ronaldo (14'), Bale (72')
Saudi National Day
Auron Mein Kahan Dum Tha
Starring: Ajay Devgn, Tabu, Shantanu Maheshwari, Jimmy Shergill, Saiee Manjrekar
Director: Neeraj Pandey
Rating: 2.5/5
Keep it fun and engaging
Stuart Ritchie, director of wealth advice at AES International, says children cannot learn something overnight, so it helps to have a fun routine that keeps them engaged and interested.
“I explain to my daughter that the money I draw from an ATM or the money on my bank card doesn’t just magically appear – it’s money I have earned from my job. I show her how this works by giving her little chores around the house so she can earn pocket money,” says Mr Ritchie.
His daughter is allowed to spend half of her pocket money, while the other half goes into a bank account. When this money hits a certain milestone, Mr Ritchie rewards his daughter with a small lump sum.
He also recommends books that teach the importance of money management for children, such as The Squirrel Manifesto by Ric Edelman and Jean Edelman.
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
Israel Palestine on Swedish TV 1958-1989
Director: Goran Hugo Olsson
Rating: 5/5
T20 World Cup Qualifier
Final: Netherlands beat PNG by seven wickets
Qualified teams
1. Netherlands
2. PNG
3. Ireland
4. Namibia
5. Scotland
6. Oman
T20 World Cup 2020, Australia
Group A: Sri Lanka, PNG, Ireland, Oman
Group B: Bangladesh, Netherlands, Namibia, Scotland
Signs%20of%20%20%20%20%20%20%20heat%20stroke
The specs: 2018 Nissan 370Z Nismo
The specs: 2018 Nissan 370Z Nismo
Price, base / as tested: Dh182,178
Engine: 3.7-litre V6
Power: 350hp @ 7,400rpm
Torque: 374Nm @ 5,200rpm
Transmission: Seven-speed automatic
Fuel consumption, combined: 10.5L / 100km
While you're here
Editorial: What 'Fight Island' means for Abu Dhabi and the world
Chitrabhanu Kadalayil: It took too long to suspend IPL cricket
Ian Hawkey: In 2020, we learned what fans mean to sport
Ali Khaled: Euro 2020 vision on host cities is short-sighted
While you're here
Kareem Shaheen: Even a pandemic could not unite today's America
Michele Wucker: The difference between a black swan and a grey rhino
Robert Matthews: Has flawed science and rushed research failed us?
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: Fenyr SuperSport
Price, base: Dh5.1 million
Engine: 3.8-litre twin-turbo flat-six
Transmission: Seven-speed automatic
Power: 800hp @ 7,100pm
Torque: 980Nm @ 4,000rpm
Fuel economy, combined: 13.5L / 100km
The%20Roundup
In the Restaurant: Society in Four Courses
Christoph Ribbat
Translated by Jamie Searle Romanelli
Pushkin Press
England's all-time record goalscorers:
Wayne Rooney 53
Bobby Charlton 49
Gary Lineker 48
Jimmy Greaves 44
Michael Owen 40
Tom Finney 30
Nat Lofthouse 30
Alan Shearer 30
Viv Woodward 29
Frank Lampard 29
