Mohammed Alardhi is the executive chairman of Investcorp, chairman of Muscat Stock Exchange MSX and chairman of Royal Jet
November 23, 2022
This month, prominent world leaders, representatives and delegates from 190 countries gathered in Sharm El Sheikh, Egypt, for the UN Climate Change Conference, Cop27. It was encouraging to see high levels of engagement from countries across the globe on the ill effects of climate change and to best combat them and protect the planet.
There are various large-scale efforts being planned and implemented to reduce greenhouse gas emissions. However, I strongly believe it would help to look back on practices from decades past that were in fact sustainable and then adapt them to the modern, post-industrial world.
Arab tradition has inherently been centred around people, and while Arab nations have been investing heavily in renewable energy and making significant strides, we must also draw from the wisdom of our forefathers, whose lifestyles were not only sustainable, broadly speaking, but geared towards the benefit of the wider community.
The onus is now on us Arab citizens to adapt the community mindset to the modern context
An increase in greenhouse gas emissions is a direct result of the industrial revolution, which, undoubtedly, transformed the world but also brought forth a series of drawbacks that have long been overlooked.
As the world continues to move towards the digital era, we must reconcile our long-standing values with the present and future, and in the true spirit of Arab tradition, lead by example while we engage global communities in practices that support sustainability goals.
Families at a park in Dubai, on October 25. EPA
Across Arab nations and throughout the course of history, people have existed as valued parts of a larger puzzle – a tribe or fraternity that engages every member to the best of their capacity. Familial values have not been limited to kin, and are extended to friends, neighbours and business networks.
We cannot doubt the importance of large-scale projects, individual and government efforts to reduce carbon emissions. But a community-centred lifestyle that has long been part of Arab culture can make an enormous difference if it is adopted by countries around the world.
The idea that one makes choices based on the wider impact and repercussions of their actions is key and will vary with each scenario.
Valuing, reusing, gifting, sharing and lending possessions are all part of Arab tradition. With the rise of consumerism and external influences on lifestyles, however, these practices have faded to a large extent. Experts on sustainability are now all advising consumers to make conscious decisions about purchasing and find ways to reuse or repurpose items rather than discarding them, which is in line with the lifestyles led by our forefathers.
The onus is now on Arab citizens to adapt the community mindset to the modern context, honouring our rich heritage, while looking forward and safeguarding the interests of our global allies and future generations.
Sustainable practices at home such as reducing energy consumption, growing vegetables, being water-wise, investing in renewable energy sources such as solar lights and panels are a great place to start. Waste reduction can take many forms – food waste can be reduced by sharing leftovers in communal spaces – like some communities in the GCC have successfully operated neighbourhood pantries and refrigerators so everyone has access to meals.
In 2016, Sumayyah Sayed set up 20 sharing fridges across Dubai that gave anyone access to food during ramadan. Anna Nielsen / The National
The digital frameworks we now have access to present a plethora of opportunities. Geolocation apps, or community-centric apps can be developed to support lowering wastage and encouraging sharing, giving and lending within the community.
This concept can be carried over to the business sphere, where services and resources can be posted online and communal possession of assets becomes the norm. For example, businesses operating in the same industry can look into options for joint ownership of equipment they use part-time, or consider leasing their equipment so resources are used for maximum mileage.
There are opportunities for business growth as well, perhaps a renewed approach to infrastructure that supports the concept of shared assets across industries. Governments can incentivise shared use of resources in the private sector as well in order to help organisations reduce their carbon footprint.
There is also plenty of room for innovation where materials that typically find their way to landfills can be given a new life and used to develop products. Various companies across the world have ventured in this area and achieved excellent results – from using the plastic of water bottles to manufacture footwear, to food scraps repurposed to make household items.
Entrepreneurs with a vision that supports sustainability can be given incentives and support from governments, financial institutions and established players in the private sector.
There is no shortage of creativity among Arab youth and even older citizens; I am always in awe of the brilliant ideas members of our society have to share.
There truly is no better time than now to renew our commitment not only to our community but to our planet, and lead our friends and allies from various cultures across the world by example and adopt a community-centred mindset towards sustainability.
We know now that all of humanity is at serious threat, and the only path to security is to be united and always prioritise the greater good over individual benefit. This is an important part of Arab tradition that we can and must adapt to our current context to offset the damage the planet has endured. In these ways we can work towards a healthier and secure future.
Volunteers offer workers a lifeline
Community volunteers have swung into action delivering food packages and toiletries to the men.
When provisions are distributed, the men line up in long queues for packets of rice, flour, sugar, salt, pulses, milk, biscuits, shaving kits, soap and telecom cards.
Volunteers from St Mary’s Catholic Church said some workers came to the church to pray for their families and ask for assistance.
Boxes packed with essential food items were distributed to workers in the Dubai Investments Park and Ras Al Khaimah camps last week. Workers at the Sonapur camp asked for Dh1,600 towards their gas bill.
“Especially in this year of tolerance we consider ourselves privileged to be able to lend a helping hand to our needy brothers in the Actco camp," Father Lennie Connully, parish priest of St Mary’s.
Workers spoke of their helplessness, seeing children’s marriages cancelled because of lack of money going home. Others told of their misery of being unable to return home when a parent died.
“More than daily food, they are worried about not sending money home for their family,” said Kusum Dutta, a volunteer who works with the Indian consulate.
180ml extra virgin olive oil; 4 to 5 large cloves of garlic, minced or pureed (or 3 to 4 garlic scapes, roughly chopped); 1 or 2 small hot red chillies, dried (or ¼ teaspoon dried red chilli flakes); 400g raw prawns, deveined, heads removed and tails left intact; a generous splash of sweet chilli vinegar; sea salt flakes for seasoning; a small handful of fresh flat-leaf parsley, roughly chopped
Method
▶ Heat the oil in a terracotta dish or frying pan. Once the oil is sizzling hot, add the garlic and chilli, stirring continuously for about 10 seconds until golden and aromatic.
▶ Add a splash of sweet chilli vinegar and as it vigorously simmers, releasing perfumed aromas, add the prawns and cook, stirring a few times.
▶ Once the prawns turn pink, after 1 or 2 minutes of cooking, remove from the heat and season with sea salt flakes.
▶ Once the prawns are cool enough to eat, scatter with parsley and serve with small forks or toothpicks as the perfect sharing starter. Finish off with crusty bread to soak up all that flavour-infused olive oil.
When the W Dubai – The Palm hotel opens at the end of this year, one of the highlights will be Massimo Bottura’s new restaurant, Torno Subito, which promises “to take guests on a journey back to 1960s Italy”. It is the three Michelinstarred chef’s first venture in Dubai and should be every bit as ambitious as you would expect from the man whose restaurant in Italy, Osteria Francescana, was crowned number one in this year’s list of the World’s 50 Best Restaurants.
Akira Back Dubai
Another exciting opening at the W Dubai – The Palm hotel is South Korean chef Akira Back’s new restaurant, which will continue to showcase some of the finest Asian food in the world. Back, whose Seoul restaurant, Dosa, won a Michelin star last year, describes his menu as, “an innovative Japanese cuisine prepared with a Korean accent”.
Dinner by Heston Blumenthal
The highly experimental chef, whose dishes are as much about spectacle as taste, opens his first restaurant in Dubai next year. Housed at The Royal Atlantis Resort & Residences, Dinner by Heston Blumenthal will feature contemporary twists on recipes that date back to the 1300s, including goats’ milk cheesecake. Always remember with a Blumenthal dish: nothing is quite as it seems.
All matches at the Zayed Cricket Stadium, Abu Dhabi
Test series
1st Test: Zimbabwe beat Afghanistan by 10 wickets
2nd Test: Wednesday, 10 March – Sunday, 14 March
Play starts at 9.30am
T20 series
1st T20I: Wednesday, 17 March
2nd T20I: Friday, 19 March
3rd T20I: Saturday, 20 March
TV
Supporters in the UAE can watch the matches on the Rabbithole channel on YouTube
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Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr
Rating: 4/5
Why it pays to compare
A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.
Route 1: bank transfer
The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.
Total cost: Dh567.25 - around 2.9 per cent of the total amount
Total received: €4,670.30
Route 2: online platform
The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.
Total cost: Dh74.10, around 0.4 per cent of the transaction
Total received: €4,756
The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.
2011 – lost to Uruguay on penalties in the quarter-finals
2015 – lost to Chile on penalties in the final
2016 – lost to Chile on penalties in the final
The biog
Hobbies: Writing and running
Favourite sport: beach volleyball
Favourite holiday destinations: Turkey and Puerto Rico
Company Profile
Name: Thndr Started: 2019 Co-founders: Ahmad Hammouda and Seif Amr Sector: FinTech Headquarters: Egypt UAE base: Hub71, Abu Dhabi Current number of staff: More than 150 Funds raised: $22 million
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
Abaya trends
The utilitarian robe held dear by Arab women is undergoing a change that reveals it as an elegant and graceful garment available in a range of colours and fabrics, while retaining its traditional appeal.
The biog
Favourite hobby: I love to sing but I don’t get to sing as much nowadays sadly.
Favourite book: Anything by Sidney Sheldon.
Favourite movie: The Exorcist 2. It is a big thing in our family to sit around together and watch horror movies, I love watching them.
Favourite holiday destination: The favourite place I have been to is Florence, it is a beautiful city. My dream though has always been to visit Cyprus, I really want to go there.