People practise social distancing in New York City's Domino Park. AFP
People practise social distancing in New York City's Domino Park. AFP
People practise social distancing in New York City's Domino Park. AFP
People practise social distancing in New York City's Domino Park. AFP


Metropolitan life in a time of malady


  • English
  • Arabic

July 08, 2021

How is Covid-19 transforming the world’s cities and what does it mean for the future of urban life? These are questions that have exercised us all with increasing urgency ever since the Sars-Cov-2 virus rampaged west from its beginnings in Wuhan, China, in the dying days of 2019. By July, 2021, it had killed 3.97 million people worldwide, making it one of the deadliest pandemics in history.

Before we think about cities, let’s take a step back and think about ourselves for a moment. As a species we are prone to hysteria, exaggeration and chronic levels of self-regard. We tend to view our own era as distinct, all-important, almost as if it is separate from the rest of history because, look, we’re here now, it’s all about us. When good things happen, they are the best ever known. When we are beset by crises – global warming, wars, environmental degradation and the current pandemic, to name just four – they are the worst ever experienced by mankind.

We see these same tendencies in our response to the coronavirus and how we imagine its long-term effects. It’s the death of cities, scream the doom-mongers. “What will happen to London?” Rod Liddle frets in The Spectator. “Will it go the way of Detroit?” No, the optimists respond, far from being the end of cities, it’s going to bring about their glorious rebirth.

“Time and again cities have proved to be resilient and have emerged stronger, showing they can build back better and improve the lives of city dwellers,” writes Abha Joshi-Ghani, director for knowledge and learning at the World Bank. She points to the South Korean capital of Seoul, which successfully controlled the spread of Covid-19 through rigorous contact tracing, widespread testing and mandatory isolation, made possible through transparency, accountability and good governance.

You don’t have to be a great believer in “build back better” to side with Ms Joshi-Ghani. I spent four years charting the history of some of the most important and illustrious cities in the Muslim world, from seventh-century Makkah to 15th-century Constantinople, from 12th-century Cairo to 21st-century Dubai. One lesson from that research is that while pandemics may devastate in the short term, their longer-term impact can be negligible. This is not unique to the Islamic world.

Masks are now compulsory in public in all Gulf cities. Chris Whiteoak for The National
Masks are now compulsory in public in all Gulf cities. Chris Whiteoak for The National
While pandemics may devastate in the short term, their longer-term impact can be negligible

Recall the plague that struck Athens in 430 BC. It may, possibly, have contributed to the city’s defeat in the Peloponnesian War, but Athens bounced back before too long as a booming metropolis. From 541–542, the Plague of Justinian wiped out between 30 million and 50 million people. This may have ended the emperor’s vainglorious ambition to rebuild the empire in all its glory, but it certainly didn’t destroy Constantinople, its peerless metropolis – now called Istanbul and one of the world’s greatest cities. That’s not what pandemics do. Nor did the plague that attacked Tripoli from 1785 to 1786 have long-term negative effects for the Libyan capital.

Sometimes pandemics have unexpected and far-reaching consequences. Had it not been for the bubonic plague of 638 to 639 in Syria which killed his brother, the ambitious conqueror Muawiya might never have been appointed commander of Arab forces, then governor of Syria and, from 661 to 680, Caliph of the Islamic world. The Black Death of 1347 to 1351 may have carried off 200 million and, in the process, devastated European demographics, but it certainly did not spell the end of the continent’s greatest cities. Neither, just a century ago, hard on the heels of the catastrophe that was the First World War, did the Spanish Flu of 1918 to 1919, which added to Europe’s woes by eliminating another 2.6 million and 40 million to 50 million worldwide.

None of this is to deny the horror of the short-term apocalypse that has ripped through so many of the world’s cities, from Delhi to London, New York to Mumbai, Rio de Janeiro to Johannesburg. The retail, hospitality and travel sectors in the UK and far beyond have been completely hammered. Once again, it is the poor and lower-skilled who have been hit hardest. The World Bank estimates that around 150 million people worldwide have been pushed back into poverty due to Covid-19.

Those without the luxury of being able to retreat to their homes and work remotely, who have been furloughed or, worse still, lost their jobs altogether, will take little comfort in knowing that the city in which they live, and until recently worked, will soon recover. For every white-collar, middle-class professional who tells you what a good pandemic they have had, spare a thought for the many, many more who are facing financial ruin.

We must take some consolation from history, from the knowledge that our ancestors have been here before. The 19th century was one of industrialisation and warp-speed urbanisation, despite the fact that high-density populations had to contend with water-borne illnesses like cholera and typhoid. Smallpox and flu added to the pressing dangers of city life. Yet still people flocked to these giant economic engines of growth, as they do today – right up until Covid-19 called a sudden halt to population movements.

A city is not just a place. It is an idea. It is the realisation, however imperfect, of humankind’s aspiration for a better future. “When a man rides a long time through wild regions he feels the desire for a city,” the Italian novelist Italo Calvino wrote in Invisible Cities. Every day, migrants all over the world make this journey from wild regions to untold numbers of cities in search of this elusive promise. For the great Arab historian Ibn Khaldun in the 14th century, the city may have been “a culturally refined but morally corruptive space”, but that did not prevent countless millions of men and women from responding to the irresistible centripetal pull of Islamic cities over many centuries.

Empires rise and fall, great cities diminish over time, minnows grow and prosper. At the very beginning of his landmark Histories, the fourth-century BC Greek historian Herodotus announced that he would write of “small cities of men no less than of great. For most of those which were great once are small today; and those which used to be small were great in my own time”. In other words, however bleak it may be in the summer of 2021, for the world’s cities and all the billions who live in them, this too shall soon pass.

Company Profile

Company name: NutriCal

Started: 2019

Founder: Soniya Ashar

Based: Dubai

Industry: Food Technology

Initial investment: Self-funded undisclosed amount

Future plan: Looking to raise fresh capital and expand in Saudi Arabia

Total Clients: Over 50

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RESULTS

Welterweight

Tohir Zhuraev (TJK) beat Mostafa Radi (PAL)

(Unanimous points decision)

Catchweight 75kg

Anas Siraj Mounir (MAR) beat Leandro Martins (BRA)

(Second round knockout)

Flyweight (female)

Manon Fiorot (FRA) beat Corinne Laframboise (CAN)

(RSC in third round)

Featherweight

Bogdan Kirilenko (UZB) beat Ahmed Al Darmaki

(Disqualification)

Lightweight

Izzedine Al Derabani (JOR) beat Rey Nacionales (PHI)

(Unanimous points)

Featherweight

Yousef Al Housani (UAE) beat Mohamed Fargan (IND)

(TKO first round)

Catchweight 69kg

Jung Han-gook (KOR) beat Max Lima (BRA)

(First round submission by foot-lock)

Catchweight 71kg

Usman Nurmogamedov (RUS) beat Jerry Kvarnstrom (FIN)

(TKO round 1).

Featherweight title (5 rounds)

Lee Do-gyeom (KOR) v Alexandru Chitoran (ROU)

(TKO round 1).

Lightweight title (5 rounds)

Bruno Machado (BRA) beat Mike Santiago (USA)

(RSC round 2).

Moving%20Out%202
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BEETLEJUICE BEETLEJUICE

Starring: Winona Ryder, Michael Keaton, Jenny Ortega

Director: Tim Burton

Rating: 3/5

The specs

Engine: 2.0-litre 4-cyl turbo

Power: 247hp at 6,500rpm

Torque: 370Nm from 1,500-3,500rpm

Transmission: 10-speed auto

Fuel consumption: 7.8L/100km

Price: from Dh94,900

On sale: now

if you go

The flights

Direct flights from the UAE to the Nepalese capital, Kathmandu, are available with Air Arabia, (www.airarabia.com) Fly Dubai (www.flydubai.com) or Etihad (www.etihad.com) from Dh1,200 return including taxes. The trek described here started from Jomson, but there are many other start and end point variations depending on how you tailor your trek. To get to Jomson from Kathmandu you must first fly to the lake-side resort town of Pokhara with either Buddha Air (www.buddhaair.com) or Yeti Airlines (www.yetiairlines.com). Both charge around US$240 (Dh880) return. From Pokhara there are early morning flights to Jomson with Yeti Airlines or Simrik Airlines (www.simrikairlines.com) for around US$220 (Dh800) return. 

The trek

Restricted area permits (US$500 per person) are required for trekking in the Upper Mustang area. The challenging Meso Kanto pass between Tilcho Lake and Jomson should not be attempted by those without a lot of mountain experience and a good support team. An excellent trekking company with good knowledge of Upper Mustang, the Annaurpuna Circuit and Tilcho Lake area and who can help organise a version of the trek described here is the Nepal-UK run Snow Cat Travel (www.snowcattravel.com). Prices vary widely depending on accommodation types and the level of assistance required. 

The Bio

Favourite vegetable: “I really like the taste of the beetroot, the potatoes and the eggplant we are producing.”

Holiday destination: “I like Paris very much, it’s a city very close to my heart.”

Book: “Das Kapital, by Karl Marx. I am not a communist, but there are a lot of lessons for the capitalist system, if you let it get out of control, and humanity.”

Musician: “I like very much Fairuz, the Lebanese singer, and the other is Umm Kulthum. Fairuz is for listening to in the morning, Umm Kulthum for the night.”

Sun jukebox

Rufus Thomas, Bear Cat (The Answer to Hound Dog) (1953)

This rip-off of Leiber/Stoller’s early rock stomper brought a lawsuit against Phillips and necessitated Presley’s premature sale to RCA.

Elvis Presley, Mystery Train (1955)

The B-side of Presley’s final single for Sun bops with a drummer-less groove.

Johnny Cash and the Tennessee Two, Folsom Prison Blues (1955)

Originally recorded for Sun, Cash’s signature tune was performed for inmates of the titular prison 13 years later.

Carl Perkins, Blue Suede Shoes (1956)

Within a month of Sun’s February release Elvis had his version out on RCA.

Roy Orbison, Ooby Dooby (1956)

An essential piece of irreverent juvenilia from Orbison.

Jerry Lee Lewis, Great Balls of Fire (1957)

Lee’s trademark anthem is one of the era’s best-remembered – and best-selling – songs.

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.”

No Shame

Lily Allen

(Parlophone)

MOUNTAINHEAD REVIEW

Starring: Ramy Youssef, Steve Carell, Jason Schwartzman

Director: Jesse Armstrong

Rating: 3.5/5

RACE CARD

6.30pm Mazrat Al Ruwayah – Group 2 (PA) $36,000 (Dirt) 1,600m

7.05pm Handicap (TB) $68,000 (Turf) 2,410m

7.40pm Meydan Trophy – Conditions (TB) $50,000 (T) 1,900m

8.15pm Al Maktoum Challenge Round 2 - Group 2 (TB) $293,000 (D) 1,900m

8.50pm Al Rashidiya – Group 2 (TB) $163,000 (T) 1,800m

9.25pm Handicap (TB) $65,000 (T) 1,000m

Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

COMPANY%20PROFILE
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Specs

Engine: 3.0L twin-turbo V6
Gearbox: 10-speed automatic
Power: 405hp at 5,500rpm
Torque: 562Nm at 3,000rpm
Fuel economy, combined: 11.2L/100km
Price: From Dh292,845 (Reserve); from Dh320,145 (Presidential)
On sale: Now

Company%C2%A0profile
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Updated: July 08, 2021, 2:00 PM