Tributes to the fallen at Wahat Al Karama. The National
Tributes to the fallen at Wahat Al Karama. The National
Tributes to the fallen at Wahat Al Karama. The National
Tributes to the fallen at Wahat Al Karama. The National


Commemorating 50 years of sacrifice


  • English
  • Arabic

December 01, 2021

Yesterday, the UAE observed a minute's silence to commemorate Emiratis who have given their lives serving their country. The primary memorial ceremony was held at Wahat Al Karama, where many of the country's leaders and senior officials gathered to remember and reflect, and to call on younger generations to maintain the hard-won achievements that the country has secured over the past 50 years.

Opened in 2016, a year after Commemoration Day was established, Wahat Al Karama, or Oasis of Dignity, tells the stories of the UAE's heroes. Its Pavilion of Honour puts those who have given their lives for the country to the fore. Names are engraved on metal recycled from military vehicles. The space is framed by other symbolic structures and words that underpin the country's identity, including verses from the Quran and lines of poetry written by Sheikh Zayed, the Founding Father.

Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, paid tribute to the "heroes that sacrificed their lives for their country”. His remarks came in a social media post yesterday, reflecting the pride and sadness that people feel across the country as they mark this moment. Earlier in the week, Sheikh Mohammed also stressed the need to think particularly of bereaved households. “I call upon all citizens who know a martyr’s family to visit them and support them on this day,” he said, “for it is a sorrowful day for them, as their feelings of loss are remembered."

  • In Idris Khan's Wahat Al Karama work, heavy grey slabs lean against each other, as if arrested in the process of falling. Victor Besa / The National
    In Idris Khan's Wahat Al Karama work, heavy grey slabs lean against each other, as if arrested in the process of falling. Victor Besa / The National
  • Visitors walk at the courtyard of the memorial of Wahat Al Karama opposite to Sheikh Zayed Mosque in Abu Dhabi. EPA
    Visitors walk at the courtyard of the memorial of Wahat Al Karama opposite to Sheikh Zayed Mosque in Abu Dhabi. EPA
  • The work is a memorial to the UAE’s martyred soldiers, titled Wahat Al Karama, or "Oasis of Dignity", by British artist Idris Khan. EPA
    The work is a memorial to the UAE’s martyred soldiers, titled Wahat Al Karama, or "Oasis of Dignity", by British artist Idris Khan. EPA
  • A general view for the external part from the memorial of Wahat Al Karama opposite the Sheikh Zayed Grand Mosque. EPA
    A general view for the external part from the memorial of Wahat Al Karama opposite the Sheikh Zayed Grand Mosque. EPA
  • Visitors walk through the courtyard of the memorial. EPA
    Visitors walk through the courtyard of the memorial. EPA
  • Wahat Al Karama opened to popular acclaim in the UAE in 2016, and has been winning critical awards since. EPA
    Wahat Al Karama opened to popular acclaim in the UAE in 2016, and has been winning critical awards since. EPA
  • The Pavilion’s internal walls are clad with more than 2,800 aluminium plates, some of which bear the names of the UAE’s fallen soldiers. Victor Besa / The National
    The Pavilion’s internal walls are clad with more than 2,800 aluminium plates, some of which bear the names of the UAE’s fallen soldiers. Victor Besa / The National
  • In 2018, the German Design Council announced that the memorial received one of their Iconic Awards for architecture, followed by the Codaworx design and art award. EPA
    In 2018, the German Design Council announced that the memorial received one of their Iconic Awards for architecture, followed by the Codaworx design and art award. EPA
  • A commercial aircraft flies over Wahat Al Karama. EPA
    A commercial aircraft flies over Wahat Al Karama. EPA
  • “The work has started to get a lot of momentum on the global stage,” says Idris Khan. EPA
    “The work has started to get a lot of momentum on the global stage,” says Idris Khan. EPA
  • Sheikh Zayed Mosque as seen from the courtyard of the memorial of Wahat Al Karama. EPA
    Sheikh Zayed Mosque as seen from the courtyard of the memorial of Wahat Al Karama. EPA
  • Wahat Al Karama and Skeih Zayed Grand Mosque are open to the public. EPA
    Wahat Al Karama and Skeih Zayed Grand Mosque are open to the public. EPA
  • A view of the exhibition at the Wahat Al Karama memorial site. Victor Besa / The National
    A view of the exhibition at the Wahat Al Karama memorial site. Victor Besa / The National

This year, many people will also be feeling the pain of loss for other reasons. Over the past few months, the country's leaders have also been paying tribute to those who have given their lives fighting in the ongoing battle against Covid-19. The result of their sacrifice, like that of those in the forces, is no less than our safety today.

This legacy of selfless giving started before the country was formed. Commemoration Day falls on November 30 because it was on that day in 1971 that Salem Suhail bin Khamis died fighting against Iranian forces on the island of Greater Tunb. He is believed to be the first Emirati killed in military service.

Over recent years, the country is choosing to remember heroes like bin Khamis in a variety of ways. There is now a Martyrs' Archives project and museums to highlight the sacrifice of fallen soldiers and officers. On a practical level, there is now a Martyrs’ Family Affairs office, which works to ensure that bereaved families are given the care they need.

Taken together, the events, locations, speeches and silences of yesterday showed the many ways people choose honour and pay tribute to those we have lost due to their service. It was a sad day, but one for some reflection too. Many more of these anniversaries will pass, and with each, the country's ongoing progress will be the best reminder that their lives were not lost in vain.

Emergency

Director: Kangana Ranaut

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

Rating: 2/5

LEAGUE CUP QUARTER-FINAL DRAW

Stoke City v Tottenham

Brentford v Newcastle United

Arsenal v Manchester City

Everton v Manchester United

All ties are to be played the week commencing December 21.

Sweet%20Tooth
%3Cp%3E%3Cstrong%3ECreator%3A%20%3C%2Fstrong%3EJim%20Mickle%3Cbr%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3EChristian%20Convery%2C%20Nonso%20Anozie%2C%20Adeel%20Akhtar%2C%20Stefania%20LaVie%20Owen%3Cbr%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E2.5%2F5%3C%2Fp%3E%0A
Tomb%20Raider%20I%E2%80%93III%20Remastered
%3Cp%3EDeveloper%3A%20Aspyr%0D%3Cbr%3EPublisher%3A%20Aspyr%0D%3Cbr%3EConsole%3A%20Nintendo%20Switch%2C%20PlayStation%204%26amp%3B5%2C%20PC%20and%20Xbox%20series%20X%2FS%0D%3Cbr%3ERating%3A%203%2F5%3C%2Fp%3E%0A
Sreesanth's India bowling career

Tests 27, Wickets 87, Average 37.59, Best 5-40

ODIs 53, Wickets 75, Average 33.44, Best 6-55

T20Is 10, Wickets 7, Average 41.14, Best 2-12

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 

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.”

MATCH INFO

Uefa Champions League quarter-final (first-leg score):

Juventus (1) v Ajax (1), Tuesday, 11pm UAE

Match will be shown on BeIN Sports

Major honours

ARSENAL

  • FA Cup - 2005

BARCELONA

  • La Liga - 2013
  • Copa del Rey - 2012
  • Fifa Club World Cup - 2011

CHELSEA

  • Premier League - 2015, 2017
  • FA Cup - 2018
  • League Cup - 2015

SPAIN

  • World Cup - 2010
  • European Championship - 2008, 2012
While you're here
Game Changer

Director: Shankar 

Stars: Ram Charan, Kiara Advani, Anjali, S J Suryah, Jayaram

Rating: 2/5

%20Ramez%20Gab%20Min%20El%20Akher
%3Cp%3E%3Cstrong%3ECreator%3A%3C%2Fstrong%3E%20Ramez%20Galal%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Ramez%20Galal%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStreaming%20on%3A%20%3C%2Fstrong%3EMBC%20Shahid%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E2.5%2F5%3C%2Fp%3E%0A
Updated: December 01, 2021, 6:11 AM