Pope Francis receives a gift as he arrives at Iraq's Presidential Palace. Office of the President
Pope Francis receives a gift as he arrives at Iraq's Presidential Palace. Office of the President
Pope Francis receives a gift as he arrives at Iraq's Presidential Palace. Office of the President
Pope Francis receives a gift as he arrives at Iraq's Presidential Palace. Office of the President

A shawl, medallions and a 500-year-old book: the gifts given and received by the Pope in Iraq


Taylor Heyman
  • English
  • Arabic

From flowers to Lamborghinis, the Pope is no stranger to gifts. On the first day of his visit to Iraq, he exchanged gifts with the president and Christian leaders and will continue to be given a variety of keepsakes as he continues his four-day trip.

Here are some of the items he has received and given so far.

Presidential gifts

Iraq's President Barham Salih presented a number of gifts to the pontiff, including two stone carvings by the late Iraqi artist Mohammed Ghani Hikmat, and a hand-embroidered cross featuring gold thread and semi-precious stones with a head cap from Kurdistan.

Handmade shawl

Iraqi priest Ammar Yaqo looks on as Karjiya Baqtar embroiders a prayer shawl using golden thread to gift to Pope Francis. AFP
Iraqi priest Ammar Yaqo looks on as Karjiya Baqtar embroiders a prayer shawl using golden thread to gift to Pope Francis. AFP

One of the gifts Pope Francis received on his first day in Iraq was a handmade prayer shawl.

Christian Karjiya Baqtar worked for two months with other Christians in Qaraqosh to complete the stole vestment.

The two-metre stole is entirely locally produced – from the chequered red and black fabric to the Syriac prayers hand-stitched along its edges in glimmering gold.

At the same service, the Pope was given a monstrance by Iraqi church leaders and gave a chalice in return, a common gift for churches he visits.

Medallion

The Vatican state post office, Ufficio Filatelico e Numismatico, has minted a medal for the Iraq visit, as it does for every foreign trip the pontiff makes.

The new medallion features the dates of the visit, March 5 to 8, and the words 'Visit to Iraq' in Latin.

A restored 'refugee' prayer book

  • A historic Aramaic prayer manuscript that survived the ISIS assault on the Iraqi city of Qaraqosh. Courtesy: Father Ammar Altony Yako
    A historic Aramaic prayer manuscript that survived the ISIS assault on the Iraqi city of Qaraqosh. Courtesy: Father Ammar Altony Yako
  • Father Ammar Altony Yako with the manuscript. He rescued the artefact after returning to his home town of Qaraqosh after ISIS was driven out. Courtesy: Father Ammar Altony Yako
    Father Ammar Altony Yako with the manuscript. He rescued the artefact after returning to his home town of Qaraqosh after ISIS was driven out. Courtesy: Father Ammar Altony Yako
  • The manuscript is at least 500 years old. Courtesy: Father Ammar Altony Yako
    The manuscript is at least 500 years old. Courtesy: Father Ammar Altony Yako
  • The manuscript was discovered among several old manuscripts and documents scattered on the floor of a priest's house. Courtesy: Father Ammar Altony Yako
    The manuscript was discovered among several old manuscripts and documents scattered on the floor of a priest's house. Courtesy: Father Ammar Altony Yako
  • The Aramaic prayer manuscript is one of hundreds of documents recovered by Father Ammar Altony Yako after ISIS was forced from Iraq. Courtesy: Father Ammar Altony Yako.
    The Aramaic prayer manuscript is one of hundreds of documents recovered by Father Ammar Altony Yako after ISIS was forced from Iraq. Courtesy: Father Ammar Altony Yako.
  • The Aramaic prayer manuscript is at least 500 years old and survived the ISIS assault on the northern Iraqi city of Qaraqosh. Courtesy: Father Ammar Altony Yako
    The Aramaic prayer manuscript is at least 500 years old and survived the ISIS assault on the northern Iraqi city of Qaraqosh. Courtesy: Father Ammar Altony Yako

The Pope won't just be receiving gifts on the visit. One of the most precious items of cargo on his Alitalia flight on Friday was a 500-year-old manuscript.

The 116-page book once belonged to the Great Al Tahira Immaculate Conception Cathedral in Qaraqosh, the largest Syriac-Catholic church in the Middle East. It was discovered when people re-entered the city of Qaraqosh after ISIS was chased out.

The prayers and hymns are written in two columns in calligraphy, with colourful illustrations on some pages. The book was taken to Italy for restoration in 2018 and will be returned to Qaraqosh when the Pope visits.

The specs

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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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Price, base: Dh201,153
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Power: 204hp @ 5,800rpm
Torque: 300Nm @ 1,600rpm
Fuel economy, combined: 6.7L / 100km

UAE currency: the story behind the money in your pockets
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