Postcard from Iraq: open-air artifacts museum in Thi Qar hopes to revive tourism


Sinan Mahmoud
  • English
  • Arabic

Nothing warms Amir Abdul-Razaq Al Zubaidi’s heart more than seeing tourists visit the archaeological sites in his hometown in southern Iraq.

The 46-year-old archaeologist has spared no effort to make Thi Qar province a tourist destination, despite the many obstacles he has faced over the years.

“Thi Qar is an open-air museum,” Mr Al Zubaidi, the general director of the provincial antiquities department, told The National. “It is deeply rooted in history with 1,200 archaeological sites.”

The province, about 400 kilometres south of the capital Baghdad, is home to many renowned ancient cities and settlements that developed in southern Mesopotamia between the 4th and 3rd millennium BCE.

Most notable among them is the city of Ur, which the Bible mentions as the birthplace of Prophet Abraham and where wealthy empires flourished.

To the southwest of Ur there is Eridu, one of the earliest cities and the home of Enki, the god of deep water and wisdom.

There is also the city-state Larsa of ancient Sumer and the centre of the cult of the sun god Utu, as well as the cities of Lagash, Girsu and Umma.

But like the nearly 25,000 discovered archaeological sites across Iraq, they have all been badly affected by decades of war, lack of security and mismanagement.

For decades, many of these sites eroded after they were left neglected. Closed to the public, they were poorly guarded and were an easy target for looters.

  • A view inside Thi Qar museum
    A view inside Thi Qar museum
  • Artifacts inside Thi Qar museum
    Artifacts inside Thi Qar museum
  • The Great Ziggurat temple, a massive Sumerian stepped mudbrick construction dedicated to the moon god Nanna which dates back to 2100 BC in the ancient city of Ur that falls now in southern Iraq's Dhi Qar province, 375 kilometers southeast of Baghdad.
    The Great Ziggurat temple, a massive Sumerian stepped mudbrick construction dedicated to the moon god Nanna which dates back to 2100 BC in the ancient city of Ur that falls now in southern Iraq's Dhi Qar province, 375 kilometers southeast of Baghdad.
  • A view of Thi Qar museum entrance
    A view of Thi Qar museum entrance
  • Amir Abdul-Razaq Al Zubaidi the general director of the provincial antiquities department.
    Amir Abdul-Razaq Al Zubaidi the general director of the provincial antiquities department.
  • The Great Ziggurat temple, a massive Sumerian stepped mudbrick construction dedicated to the moon god Nanna which dates back to 2100 BC in the ancient city of Ur that falls now in southern Iraq's Dhi Qar province, 375 kilometers southeast of Baghdad.
    The Great Ziggurat temple, a massive Sumerian stepped mudbrick construction dedicated to the moon god Nanna which dates back to 2100 BC in the ancient city of Ur that falls now in southern Iraq's Dhi Qar province, 375 kilometers southeast of Baghdad.
  • The monumental ziggurat at the ancient city of Ur located in the Thi Qar province, southern Iraq.
    The monumental ziggurat at the ancient city of Ur located in the Thi Qar province, southern Iraq.

Mr Al Zubaidi fell in love with antiquities as a teenager. He would watch documentaries on Egypt’s pyramids and the civilizations of Maya in Mexico and Inca in Peru.

In the 1990s, he travelled to Baghdad to study archaeology and earned a bachelor's degree in 2001. He participated in more than 12 excavations in different Sumerian and Babylonian sites.

What makes him stand out among his peers is his approach to raising awareness about the importance of antiquities.

He relentlessly publishes videos on his Facebook page about antiquities in a simple and effective way, inviting the public, mainly children, to the museum, the archaeological sites and to participate in cultural activities.

“I always talk about antiquities everywhere - in schools, cafes, and even alleys,” he said. “I’ve brought this world from its academic place in universities and researches to the street.”

For him, the museum is a “factory that manufactures a generation belongs to this country. Unfortunately, today we have generations opened their eyes only on wars, sanctions, occupation and terrorist groups.”

His efforts paid off.

More artifacts are reaching the city's museum instead of the black market and volunteers are offering financial aid for renovation.

A workshop has been established inside the museum to make replicas and work is under way to open a library next to it. He has also printed a 67-page tourist guide for all the sites in the province.

To boost the flow of tourists, he has to negotiate with security authorities.

He recently succeeded in persuading them to annul a decision that required outside visitors to have a sponsor from the locals due to the presence of a maximum-security prison housing mainly terrorism-related prisoners in the area.

The prison, known as Al Hoot, is where some of Iraq's most dangerous criminals are detained, including ISIS militants and Saddam Hussein-era officials. Due to numerous jailbreaking by the militants before, authorities put restrictions on visitors coming from outside the province.

A recent visit to Mr Al Zubaidi's office, found him making phone calls to the military commander to allow a group of youth to set up an astronomy camp in Eridu.

“We have to restore the people's trust in their identity and in this great country, Mesopotamia,” he said. “We have to tell them what kind of a country Iraq is and its place and role in the world.”

In 2016, Unesco named the wetland marsh areas in the province and three archaeological sites, including Ur and Eridu, as world heritage sites, encouraging tourists to trickle in.

But it's the papal's visit to Ur earlier this year that Mr Al Zubaidi hopes will be the catalyst.

During his historic visit to Iraq in March, Pope Francis prayed and hosted an inter-religious service in Ur, presenting himself as a “pilgrim”.

  • The site where Abraham, the father of three main monotheistic religions – Judaism, Christianity and Islam – is thought to have been born in the ancient city of Ur. Its ruins are in what is now Dhi Qar province, Iraq, about 375 kilometres southeast of Baghdad. AFP
    The site where Abraham, the father of three main monotheistic religions – Judaism, Christianity and Islam – is thought to have been born in the ancient city of Ur. Its ruins are in what is now Dhi Qar province, Iraq, about 375 kilometres southeast of Baghdad. AFP
  • The ancient archaeological site of Ur, traditionally believed to be the birthplace of Abraham, before the planned visit of Pope Francis. Reuters
    The ancient archaeological site of Ur, traditionally believed to be the birthplace of Abraham, before the planned visit of Pope Francis. Reuters
  • The ancient archaeological site of Ur, traditionally believed to be the birthplace of Abraham, before the planned visit of Pope Francis. Reuters
    The ancient archaeological site of Ur, traditionally believed to be the birthplace of Abraham, before the planned visit of Pope Francis. Reuters
  • The ancient archaeological site of Ur, traditionally believed to be the birthplace of Abraham, before the planned visit of Pope Francis. Reuters
    The ancient archaeological site of Ur, traditionally believed to be the birthplace of Abraham, before the planned visit of Pope Francis. Reuters
  • Men walk down the stairs of the Ziggurat of Ur ruins, near Nassiriya, Iraq. Reuters
    Men walk down the stairs of the Ziggurat of Ur ruins, near Nassiriya, Iraq. Reuters
  • The ancient archaeological site of Ur, traditionally believed to be the birthplace of Abraham, near Nassiriya, Iraq. Reuters
    The ancient archaeological site of Ur, traditionally believed to be the birthplace of Abraham, near Nassiriya, Iraq. Reuters
  • Officials inspect the ancient archaeological site of Ur, near Nassiriya, Iraq, before the planned arrival of Pope Francis. Reuters
    Officials inspect the ancient archaeological site of Ur, near Nassiriya, Iraq, before the planned arrival of Pope Francis. Reuters
  • Officials inspect the ancient archaeological site of Ur, near Nassiriya, Iraq, before the planned arrival of Pope Francis. Reuters
    Officials inspect the ancient archaeological site of Ur, near Nassiriya, Iraq, before the planned arrival of Pope Francis. Reuters
  • A man inspects the ancient archaeological site of Ur, near Nassiriya, Iraq, before the planned arrival of Pope Francis. Reuters
    A man inspects the ancient archaeological site of Ur, near Nassiriya, Iraq, before the planned arrival of Pope Francis. Reuters
  • A man walks towards the ancient archaeological site of Ur, near Nassiriya, Iraq, before the planned arrival of Pope Francis. Reuters
    A man walks towards the ancient archaeological site of Ur, near Nassiriya, Iraq, before the planned arrival of Pope Francis. Reuters
  • The Ziggurat of Ur ruins, near Nassiriya, Iraq. Reuters
    The Ziggurat of Ur ruins, near Nassiriya, Iraq. Reuters
  • The Ziggurat of Ur ruins, near Nassiriya, Iraq. Reuters
    The Ziggurat of Ur ruins, near Nassiriya, Iraq. Reuters
  • The Ziggurat of Ur ruins, near Nassiriya, Iraq. Reuters
    The Ziggurat of Ur ruins, near Nassiriya, Iraq. Reuters
  • The Ziggurat of Ur ruins, near Nassiriya, Iraq. Reuters
    The Ziggurat of Ur ruins, near Nassiriya, Iraq. Reuters
  • The Great Ziggurat temple, Ur, where Abraham, the father of three main monotheistic religions – Judaism, Christianity and Islam – is thought to have been born in the ancient city of Ur. Its ruins are in what is now Dhi Qar province, Iraq, about 375 kilometres southeast of Baghdad. AFP
    The Great Ziggurat temple, Ur, where Abraham, the father of three main monotheistic religions – Judaism, Christianity and Islam – is thought to have been born in the ancient city of Ur. Its ruins are in what is now Dhi Qar province, Iraq, about 375 kilometres southeast of Baghdad. AFP

“The Pope's visit to Ur paved the way for what’s known as the Christian pilgrimage for this city and that’s what we need to work on and develop,” Mr Al Zubaidi said.

Following that, the Iraqi government announced plans to build a two-square-kilometre tourist city called the Abrahamic City, near Ur. It will include an interfaith dialogue centre, a mosque and a church.

Last year, the UNDP announced the EU-funded project Sumerians to support the socio-economic growth through eco-tourism and cultural heritage preservation in Thi Qar, and to promote it as a tourist destination.

EU support

The EU is set to spend $2 million over two years. The project will be implemented by UNDP in partnership with provincial authorities and local and foreign non-governmental organisations.

Wooden walkways have been constructed to take the visitors to the important sites in Ur: the stepped temple known as Ziggurate, Prophet Abraham’s house, the Royal Cemetery and Dublal-makh temple, considered the oldest court in history.

The work also included fencing some sites, installing a new light system and billboards in Arabic and English.

With the decrease in temperatures, the tourism season has started in Thi Qar.

Hundreds of local and foreign tourists are trickling in mainly to the marshes and Ur. Ten foreign excavation missions have been licensed to work in different sites.

“We are in dire need to develop the tourism industry, Mr Al Zubaidi said. "We have to stop depending on oil revenue.”

THE SIXTH SENSE

Starring: Bruce Willis, Toni Collette, Hayley Joel Osment

Director: M. Night Shyamalan

Rating: 5/5

Results

5.30pm: Maiden Dh165,000 (Turf) 1,600m; Winner: Al Battar, Mickael Barzalona (jockey), Salem bin Ghadayer (trainer).

6.05pm: Maiden Dh165,000 (Dirt) 1,200m; Winner: Good Fighter, Richard Mullen, Satish Seemar.

6.40pm: Handicap Dh185,000 (T) 1,200m; Winner: Way Of Wisdom, Tadhg O’Shea, Satish Seemar.

7.15pm: Handicap Dh170,000 (D) 2,200m; Winner: Immortalised, Tadhg O’Shea, Satish Seemar.

7.50pm: Handicap Dh185,000 (T) 2,000m; Winner: Franz Kafka, James Doyle, Simon Crisford.

8.25pm: Handicap Dh185,000 (D) 1,200m; Winner: Mayadeen, Connor Beasley, Doug Watson.

9pm: Handicap Dh185,000 (T) 1,600m; Winner: Chiefdom, Mickael Barzalona, Salem bin Ghadayer

Top investing tips for UAE residents in 2021

Build an emergency fund: Make sure you have enough cash to cover six months of expenses as a buffer against unexpected problems before you begin investing, advises Steve Cronin, the founder of DeadSimpleSaving.com.

Think long-term: When you invest, you need to have a long-term mindset, so don’t worry about momentary ups and downs in the stock market.

Invest worldwide: Diversify your investments globally, ideally by way of a global stock index fund.

Is your money tied up: Avoid anything where you cannot get your money back in full within a month at any time without any penalty.

Skip past the promises: “If an investment product is offering more than 10 per cent return per year, it is either extremely risky or a scam,” Mr Cronin says.

Choose plans with low fees: Make sure that any funds you buy do not charge more than 1 per cent in fees, Mr Cronin says. “If you invest by yourself, you can easily stay below this figure.” Managed funds and commissionable investments often come with higher fees.

Be sceptical about recommendations: If someone suggests an investment to you, ask if they stand to gain, advises Mr Cronin. “If they are receiving commission, they are unlikely to recommend an investment that’s best for you.”

Get financially independent: Mr Cronin advises UAE residents to pursue financial independence. Start with a Google search and improve your knowledge via expat investing websites or Facebook groups such as SimplyFI. 

RESULTS

2pm: Handicap (PA) Dh40,000 (Dirt) 1,000m
Winner: AF Mozhell, Saif Al Balushi (jockey), Khalifa Al Neyadi (trainer)

2.30pm: Maiden (PA) Dh40,000 (D) 2,000m
Winner: Majdi, Szczepan Mazur, Abdallah Al Hammadi.

3pm: Handicap (PA) Dh40,000 (D) 1,700m
Winner: AF Athabeh, Tadhg O’Shea, Ernst Oertel.

3.30pm: Handicap (PA) Dh40,000 (D) 1,700m
Winner: AF Eshaar, Bernardo Pinheiro, Khalifa Al Neyadi

4pm: Gulf Cup presented by Longines Prestige (PA) Dh150,000 (D) 1,700m
Winner: Al Roba’a Al Khali, Al Moatasem Al Balushi, Younis Al Kalbani

4.30pm: Handicap (TB) Dh40,000 (D) 1,200m
Winner: Apolo Kid, Antonio Fresu, Musabah Al Muahiri

US tops drug cost charts

The study of 13 essential drugs showed costs in the United States were about 300 per cent higher than the global average, followed by Germany at 126 per cent and 122 per cent in the UAE.

Thailand, Kenya and Malaysia were rated as nations with the lowest costs, about 90 per cent cheaper.

In the case of insulin, diabetic patients in the US paid five and a half times the global average, while in the UAE the costs are about 50 per cent higher than the median price of branded and generic drugs.

Some of the costliest drugs worldwide include Lipitor for high cholesterol. 

The study’s price index placed the US at an exorbitant 2,170 per cent higher for Lipitor than the average global price and the UAE at the eighth spot globally with costs 252 per cent higher.

High blood pressure medication Zestril was also more than 2,680 per cent higher in the US and the UAE price was 187 per cent higher than the global price.

500 People from Gaza enter France

115 Special programme for artists

25   Evacuation of injured and sick

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Sole survivors
  • Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
  • George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
  • Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
  • Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
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Company profile

Date started: January, 2014

Founders: Mike Dawson, Varuna Singh, and Benita Rowe

Based: Dubai

Sector: Education technology

Size: Five employees

Investment: $100,000 from the ExpoLive Innovation Grant programme in 2018 and an initial $30,000 pre-seed investment from the Turn8 Accelerator in 2014. Most of the projects are government funded.

Partners/incubators: Turn8 Accelerator; In5 Innovation Centre; Expo Live Innovation Impact Grant Programme; Dubai Future Accelerators; FHI 360; VSO and Consult and Coach for a Cause (C3)

Our legal consultants

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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Our legal columnist

Name: Yousef Al Bahar

Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994

Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

 

 

Brief scores:

Manchester United 4

Young 13', Mata 28', Lukaku 42', Rashford 82'

Fulham 1

Kamara 67' (pen),

Red card: Anguissa (68')

Man of the match: Juan Mata (Man Utd)

The schedule

December 5 - 23: Shooting competition, Al Dhafra Shooting Club

December 9 - 24: Handicrafts competition, from 4pm until 10pm, Heritage Souq

December 11 - 20: Dates competition, from 4pm

December 12 - 20: Sour milk competition

December 13: Falcon beauty competition

December 14 and 20: Saluki races

December 15: Arabian horse races, from 4pm

December 16 - 19: Falconry competition

December 18: Camel milk competition, from 7.30 - 9.30 am

December 20 and 21: Sheep beauty competition, from 10am

December 22: The best herd of 30 camels

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'The worst thing you can eat'

Trans fat is typically found in fried and baked goods, but you may be consuming more than you think.

Powdered coffee creamer, microwave popcorn and virtually anything processed with a crust is likely to contain it, as this guide from Mayo Clinic outlines: 

Baked goods - Most cakes, cookies, pie crusts and crackers contain shortening, which is usually made from partially hydrogenated vegetable oil. Ready-made frosting is another source of trans fat.

Snacks - Potato, corn and tortilla chips often contain trans fat. And while popcorn can be a healthy snack, many types of packaged or microwave popcorn use trans fat to help cook or flavour the popcorn.

Fried food - Foods that require deep frying — french fries, doughnuts and fried chicken — can contain trans fat from the oil used in the cooking process.

Refrigerator dough - Products such as canned biscuits and cinnamon rolls often contain trans fat, as do frozen pizza crusts.

Creamer and margarine - Nondairy coffee creamer and stick margarines also may contain partially hydrogenated vegetable oils.

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Fuel economy, combined: 16.8L / 100km (estimate)

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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 three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE

How do Sim card scams work?

Sim swap frauds are a form of identity theft.

They involve criminals conning mobile phone operators into issuing them with replacement Sim cards by claiming to be the victim, often pretending their phone has been lost or stolen in order to secure a new Sim.

They use the victim's personal details - obtained through criminal methods - to convince such companies of their identity.

The criminal can then access any online service that requires security codes to be sent to a user's mobile phone, such as banking services.

Short-term let permits explained

Homeowners and tenants are allowed to list their properties for rental by registering through the Dubai Tourism website to obtain a permit.

Tenants also require a letter of no objection from their landlord before being allowed to list the property.

There is a cost of Dh1,590 before starting the process, with an additional licence fee of Dh300 per bedroom being rented in your home for the duration of the rental, which ranges from three months to a year.

Anyone hoping to list a property for rental must also provide a copy of their title deeds and Ejari, as well as their Emirates ID.

Manchester United v Liverpool

Premier League, kick off 7.30pm (UAE)

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%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E2.0-litre%20four-cyl%20turbo%20%2B%20mild%20hybrid%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E204hp%20at%205%2C800rpm%20%2B23hp%20hybrid%20boost%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E320Nm%20at%201%2C800rpm%20%2B205Nm%20hybrid%20boost%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E9-speed%20auto%0D%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%20%3C%2Fstrong%3E7.3L%2F100km%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENovember%2FDecember%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh205%2C000%20(estimate)%3C%2Fp%3E%0A
Our legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants

Company Profile

Company name: Big Farm Brothers

Started: September 2020

Founders: Vishal Mahajan and Navneet Kaur

Based: Dubai Investment Park 1

Industry: food and agriculture

Initial investment: $205,000

Current staff: eight to 10

Future plan: to expand to other GCC markets

Results

2.30pm Maiden (PA) Dh40,000 1,200m

Winner Lamia, Tadhg O’Shea, Ernst Oertel.

3pm Handicap (PA) Dh40,000 1,000m

Winner Jap Al Afreet, Elione Chaves, Irfan Ellahi.

3.30pm Handicap (PA) Dh40,000 1,700m

Winner MH Tawag, Bernardo Pinheiro, Elise Jeanne.

4pm Handicap (TB) Dh40,000 2,000m

Winner Skygazer, Sandro Paiva, Ali Rashid Al Raihe.

4.30pm The Ruler of Sharjah Cup Prestige (PA) Dh250,000 1,700m

Winner AF Kal Noor, Tadhg O’Shea, Ernst Oertel.

5pm Sharjah Marathon (PA) Dh70,000 2,700m

Winner RB Grynade, Bernardo Pinheiro, Eric Lemartinel.

Brief scoreline:

Wales 1

James 5'

Slovakia 0

Man of the Match: Dan James (Wales)

The biog

Name: Atheja Ali Busaibah

Date of birth: 15 November, 1951

Favourite books: Ihsan Abdel Quddous books, such as “The Sun will Never Set”

Hobbies: Reading and writing poetry

Dust and sand storms compared

Sand storm

  • Particle size: Larger, heavier sand grains
  • Visibility: Often dramatic with thick "walls" of sand
  • Duration: Short-lived, typically localised
  • Travel distance: Limited 
  • Source: Open desert areas with strong winds

Dust storm

  • Particle size: Much finer, lightweight particles
  • Visibility: Hazy skies but less intense
  • Duration: Can linger for days
  • Travel distance: Long-range, up to thousands of kilometres
  • Source: Can be carried from distant regions

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.”

Al Jazira's foreign quartet for 2017/18

Romarinho, Brazil

Lassana Diarra, France

Sardor Rashidov, Uzbekistan

Mbark Boussoufa, Morocco

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%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EPeyton%20Reed%3Cbr%3E%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Paul%20Rudd%2C%20Evangeline%20Lilly%2C%20Jonathan%20Majors%3Cbr%3E%3Cbr%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E2%2F5%3C%2Fp%3E%0A
Emergency

Director: Kangana Ranaut

Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry 

Rating: 2/5

Gulf Under 19s final

Dubai College A 50-12 Dubai College B

ELIO

Starring: Yonas Kibreab, Zoe Saldana, Brad Garrett

Directors: Madeline Sharafian, Domee Shi, Adrian Molina

Rating: 4/5

The specs: 2018 Nissan Patrol Nismo

Price: base / as tested: Dh382,000

Engine: 5.6-litre V8

Gearbox: Seven-speed automatic

Power: 428hp @ 5,800rpm

Torque: 560Nm @ 3,600rpm

Fuel economy, combined: 12.7L / 100km

Nepotism is the name of the game

Salman Khan’s father, Salim Khan, is one of Bollywood’s most legendary screenwriters. Through his partnership with co-writer Javed Akhtar, Salim is credited with having paved the path for the Indian film industry’s blockbuster format in the 1970s. Something his son now rules the roost of. More importantly, the Salim-Javed duo also created the persona of the “angry young man” for Bollywood megastar Amitabh Bachchan in the 1970s, reflecting the angst of the average Indian. In choosing to be the ordinary man’s “hero” as opposed to a thespian in new Bollywood, Salman Khan remains tightly linked to his father’s oeuvre. Thanks dad. 

The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
Updated: March 31, 2022, 6:49 AM