Jordan’s Crown Prince Hussein's engagement to architect Rajwa Al Saif, first revealed on Wednesday, has been confirmed by the Royal Hashemite Court.
Ms Al Saif, 28, is a Saudi citizen born to businessman Khalid Al Saif and his wife Azza Al Sudairi.
The engagement took place at the home of Ms Al Saif's father in Riyadh on Wednesday.
Who is Jordan's Crown Prince Hussein?
Prince Hussein, also 28, identifies himself with young people who make up the overwhelming majority of the population in the kingdom, and the wider Arab Middle East.
The prince is the eldest son of King Abdullah and is being groomed for eventual succession to the Hashemite throne, established with British support in what was known as Transjordan 100 years ago.
He is named after his grandfather, King Hussein, who became king at the age of 16 and ruled Jordan for almost five decades until his death in 1999.
Under King Hussein, Jordan emerged as a bastion of stability in a volatile region, an image King Abdullah has sought to preserve amid political and economic challenges in the past decade.
What is he best known for?
In the past five years, Prince Hussein has been appearing increasingly on the international stage and serving as regent when the king is away.
His major debut was in 2017 at the United Nations General Assembly, where he gave a speech criticising the focus on militarisation in the Middle East instead of resources for development.
“The message to the youth of Jordan and our region is loud and clear: there is no shortage of money for fighting evil. But the appetite for rewarding virtue is nearly non-existent,” he said.
“The voice of those who defend and build is drowned out by those who attack and destroy.”
He said he belongs to the “largest generation of young people in history” who live in an area “too often deafened by division and extremism.”
He heads the Crown Prince Foundation in Amman, which promotes education, with a focus on technical training for the young.
Where was he educated?
Like many of the male members of Jordan’s royal family, including his father and grandfather, Prince Hussein attended an officer's training course at Britain’s Sandhurst military academy. He has a degree in international history from Georgetown University in Washington.
What about his family?
The prince has three siblings: Princess Iman, Princess Salma and Prince Hashem.
His 60-year-old father King Abdullah succeeded King Hussein in 1999, becoming at the time one of the youngest rulers in the region. He focused on economic development, while the pillar of the country’s foreign policy remained a close alliance with the US.
In July last year, Prince Hussein accompanied King Abdullah on an official visit to Washington, where the king became the first Arab leader to meet President Joe Biden since he took office in January 2021.
Prince Hussein sat alongside his father in the White House with Mr Biden. The meeting was important because Jordan was somewhat sidelined during the Donald Trump administration and its regional weight lessened as Washington concentrated on promoting Arab normalisation with Israel.
King Abdullah told Mr Biden that he “had the privilege of knowing you with my father decades ago,” a scenario he repeated with the prince.
Who is Rajwa Al Saif, his Saudi fiancée?
Al Saif was born in Riyadh on April 28, 1994, according to Roya News in Jordan.
She is the youngest of four siblings and her parents are businessman Khalid Al Saif and Azza Al Sudairi.
Her secondary education took place in Saudi Arabia before she moved to New York in the US to complete her higher education at Syracuse University's College of Architecture.
KILLING OF QASSEM SULEIMANI
House-hunting
Top 10 locations for inquiries from US house hunters, according to Rightmove
- Edinburgh, Scotland
- Westminster, London
- Camden, London
- Glasgow, Scotland
- Islington, London
- Kensington and Chelsea, London
- Highlands, Scotland
- Argyll and Bute, Scotland
- Fife, Scotland
- Tower Hamlets, London
Company%20profile
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Veere di Wedding
Dir: Shashanka Ghosh
Starring: Kareena Kapoo-Khan, Sonam Kapoor, Swara Bhaskar and Shikha Talsania
Verdict: 4 Stars
The Outsider
Stephen King, Penguin
THE CLOWN OF GAZA
Director: Abdulrahman Sabbah
Starring: Alaa Meqdad
Rating: 4/5
AUSTRALIA SQUAD
Aaron Finch, Matt Renshaw, Brendan Doggett, Michael Neser, Usman Khawaja, Shaun Marsh, Mitchell Marsh, Tim Paine (captain), Travis Head, Marnus Labuschagne, Nathan Lyon, Jon Holland, Ashton Agar, Mitchell Starc, Peter Siddle
Turkish Ladies
Various artists, Sony Music Turkey
More from Janine di Giovanni
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
What is a Ponzi scheme?
A fraudulent investment operation where the scammer provides fake reports and generates returns for old investors through money paid by new investors, rather than through ligitimate business activities.
The specs
Engine: Dual 180kW and 300kW front and rear motors
Power: 480kW
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Transmission: Single-speed automatic
Price: From Dh359,900 ($98,000)
On sale: Now
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.”
Did you know?
Brunch has been around, is some form or another, for more than a century. The word was first mentioned in print in an 1895 edition of Hunter’s Weekly, after making the rounds among university students in Britain. The article, entitled Brunch: A Plea, argued the case for a later, more sociable weekend meal. “By eliminating the need to get up early on Sunday, brunch would make life brighter for Saturday night carousers. It would promote human happiness in other ways as well,” the piece read. “It is talk-compelling. It puts you in a good temper, it makes you satisfied with yourself and your fellow beings, it sweeps away the worries and cobwebs of the week.” More than 100 years later, author Guy Beringer’s words still ring true, especially in the UAE, where brunches are often used to mark special, sociable occasions.
Recycle Reuse Repurpose
New central waste facility on site at expo Dubai South area to handle estimated 173 tonne of waste generated daily by millions of visitors
Recyclables such as plastic, paper, glass will be collected from bins on the expo site and taken to the new expo Central Waste Facility on site
Organic waste will be processed at the new onsite Central Waste Facility, treated and converted into compost to be re-used to green the expo area
Of 173 tonnes of waste daily, an estimated 39 per cent will be recyclables, 48 per cent organic waste and 13 per cent general waste.
About 147 tonnes will be recycled and converted to new products at another existing facility in Ras Al Khor
Recycling at Ras Al Khor unit:
Plastic items to be converted to plastic bags and recycled
Paper pulp moulded products such as cup carriers, egg trays, seed pots, and food packaging trays
Glass waste into bowls, lights, candle holders, serving trays and coasters
Aim is for 85 per cent of waste from the site to be diverted from landfill
Three ways to boost your credit score
Marwan Lutfi says the core fundamentals that drive better payment behaviour and can improve your credit score are:
1. Make sure you make your payments on time;
2. Limit the number of products you borrow on: the more loans and credit cards you have, the more it will affect your credit score;
3. Don't max out all your debts: how much you maximise those credit facilities will have an impact. If you have five credit cards and utilise 90 per cent of that credit, it will negatively affect your score.
What is Diwali?
The Hindu festival is at once a celebration of the autumn harvest and the triumph of good over evil, as outlined in the Ramayana.
According to the Sanskrit epic, penned by the sage Valmiki, Diwali marks the time that the exiled king Rama – a mortal with superhuman powers – returned home to the city of Ayodhya with his wife Sita and brother Lakshman, after vanquishing the 10-headed demon Ravana and conquering his kingdom of Lanka. The people of Ayodhya are believed to have lit thousands of earthen lamps to illuminate the city and to guide the royal family home.
In its current iteration, Diwali is celebrated with a puja to welcome the goodness of prosperity Lakshmi (an incarnation of Sita) into the home, which is decorated with diyas (oil lamps) or fairy lights and rangoli designs with coloured powder. Fireworks light up the sky in some parts of the word, and sweetmeats are made (or bought) by most households. It is customary to get new clothes stitched, and visit friends and family to exchange gifts and greetings.
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
