Sitting in a Bahrain television news studio, I was waiting to discuss the arrival of His Holiness Pope Francis on another peace-making visit to the Middle East. He came to Abu Dhabi a few years ago and one of the great achievements of this Pope has been repeatedly to try to bring about much better understanding between Christian and Muslim religious leaders. But I was thinking whether the Bahrain trip would really make a difference. Does such a trip – inspired by King Hamad of Bahrain and including a meeting with the Grand Imam of Al Azhar, Dr Ahmed Al Tayeb – really turn people away from religious intolerance, extremism and violence? Would the leader of the world’s 1.3 billion Catholics coming to Bahrain change some hard hearts? Bahraini friends reminded me that their islands have always been a crossroads of trade and culture. There were splendid scenes when the motorcade brought the humble Fiat "Popemobile" to the royal palace protected by Bahrain’s cavalry. There was a gun salute; a Papal mass; meetings with dignitaries and the blessing of children – all as I expected.
But what I did not expect was the warmth between the King, the Grand Imam and the Pope. In fact, warmth is not the right word. Friendship is. I have been to enough diplomatic meetings to know when leaders put on an act. They smile for the cameras because it is politically convenient. This was different. The three leaders greeted each other not merely as protocol demands, but as genuine friendship insists, with warm embraces, even though their speeches were challenging.
I sat with a Saudi-born Muslim journalist, an American rabbi and an evangelical Christian minister listening to a King from an Arab nation proudly insisting that the leaders were "united by the message of monotheism" and stood together in the tradition of Abraham.
"Peace is our only path" King Hamad said, as he demanded the end to the conflict in Ukraine. The Pope called for an end to the conflict in Yemen. The Grand Imam told us that the reason humans were all different was because God wants us to be different, but He also wants our diversity to be our human strength. We should therefore celebrate our differences by living together in harmony. King Hamad suggested that we would not always agree but that we could still find a "consensus" for peace. And each leader insisted – in the words of the Bahrain Declaration of 2017 – that we have the right to worship as we wish, but also not to worship, because "compelled religion cannot bring a person into a meaningful relationship with God."
All three leaders emphasised that ignorance is the root of extremism and intolerance
Some of my scepticism began to melt. The Pope’s mission has been to build, or rebuild, good relations between Christians and Muslims. He was among friends in Bahrain, friends who happen to worship differently but who respect each other's traditions. This was not talk about "diversity". It was diversity brought alive, with concrete plans to take this message to a wider audience. All three leaders emphasised that ignorance is the root of extremism and intolerance.
Education, therefore, is a significant part of the cure. So is meeting "the Other," people of other faiths. I was struck by a conversation I had with a young Bahraini woman who was learning Hebrew, the language of Israel. "It’s easier than you think," she told me, because "it is quite similar to Arabic." Thank you, I thought, for educating me out of my ignorance.
So – will it make a difference? The world’s news media sent journalists to this four-day series of events. The National covered the meetings in detail. So did many others. But we live in an attention-poor world. War, famines, climate change, migration, economic dislocation fill us with fear – and fill up news broadcasts. The challenge is therefore not just for political and religious leaders. It is for you and me.
The Pope said that Bahrain’s name came from the idea of "two seas" – sweet fresh water that we can drink; salty water that is unpalatable. He suggested that tolerance and peace are like the sweet water, although some still choose the more bitter and salty path.
I am not a Catholic, and I have also spent a long time in areas of conflict from Lebanon to Nicaragua, Northern Ireland to the wars of Saddam Hussein. But I left Bahrain thinking that the meeting of these three leaders is a significant moment. It encourages those of us who wish to seek solutions rather than those who wish to create problems.
It reminds us that meeting "the Other," the stranger, the person who believes in something different, can be the beginning of a different kind of understanding, friendship even in hard times. One conversation stays with me, with the mother of a four-year-old boy whom the Pope picked up in his arms. The child will remember that moment for the rest of his life. Did the Pope’s trip make a difference? It did to me, and I will remember it too.
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.”
The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
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Game Changer
Director: Shankar
Stars: Ram Charan, Kiara Advani, Anjali, S J Suryah, Jayaram
Rating: 2/5
What are the influencer academy modules?
- Mastery of audio-visual content creation.
- Cinematography, shots and movement.
- All aspects of post-production.
- Emerging technologies and VFX with AI and CGI.
- Understanding of marketing objectives and audience engagement.
- Tourism industry knowledge.
- Professional ethics.
FIGHT CARD
1. Featherweight 66kg
Ben Lucas (AUS) v Ibrahim Kendil (EGY)
2. Lightweight 70kg
Mohammed Kareem Aljnan (SYR) v Alphonse Besala (CMR)
3. Welterweight 77kg
Marcos Costa (BRA) v Abdelhakim Wahid (MAR)
4. Lightweight 70kg
Omar Ramadan (EGY) v Abdimitalipov Atabek (KGZ)
5. Featherweight 66kg
Ahmed Al Darmaki (UAE) v Kagimu Kigga (UGA)
6. Catchweight 85kg
Ibrahim El Sawi (EGY) v Iuri Fraga (BRA)
7. Featherweight 66kg
Yousef Al Husani (UAE) v Mohamed Allam (EGY)
8. Catchweight 73kg
Mostafa Radi (PAL) v Abdipatta Abdizhali (KGZ)
9. Featherweight 66kg
Jaures Dea (CMR) v Andre Pinheiro (BRA)
10. Catchweight 90kg
Tarek Suleiman (SYR) v Juscelino Ferreira (BRA)
A MINECRAFT MOVIE
Director: Jared Hess
Starring: Jack Black, Jennifer Coolidge, Jason Momoa
Rating: 3/5
Mobile phone packages comparison
Abu Dhabi GP schedule
Friday: First practice - 1pm; Second practice - 5pm
Saturday: Final practice - 2pm; Qualifying - 5pm
Sunday: Etihad Airways Abu Dhabi Grand Prix (55 laps) - 5.10pm
10 tips for entry-level job seekers
- Have an up-to-date, professional LinkedIn profile. If you don’t have a LinkedIn account, set one up today. Avoid poor-quality profile pictures with distracting backgrounds. Include a professional summary and begin to grow your network.
- Keep track of the job trends in your sector through the news. Apply for job alerts at your dream organisations and the types of jobs you want – LinkedIn uses AI to share similar relevant jobs based on your selections.
- Double check that you’ve highlighted relevant skills on your resume and LinkedIn profile.
- For most entry-level jobs, your resume will first be filtered by an applicant tracking system for keywords. Look closely at the description of the job you are applying for and mirror the language as much as possible (while being honest and accurate about your skills and experience).
- Keep your CV professional and in a simple format – make sure you tailor your cover letter and application to the company and role.
- Go online and look for details on job specifications for your target position. Make a list of skills required and set yourself some learning goals to tick off all the necessary skills one by one.
- Don’t be afraid to reach outside your immediate friends and family to other acquaintances and let them know you are looking for new opportunities.
- Make sure you’ve set your LinkedIn profile to signal that you are “open to opportunities”. Also be sure to use LinkedIn to search for people who are still actively hiring by searching for those that have the headline “I’m hiring” or “We’re hiring” in their profile.
- Prepare for online interviews using mock interview tools. Even before landing interviews, it can be useful to start practising.
- Be professional and patient. Always be professional with whoever you are interacting with throughout your search process, this will be remembered. You need to be patient, dedicated and not give up on your search. Candidates need to make sure they are following up appropriately for roles they have applied.
Arda Atalay, head of Mena private sector at LinkedIn Talent Solutions, Rudy Bier, managing partner of Kinetic Business Solutions and Ben Kinerman Daltrey, co-founder of KinFitz
How to apply for a drone permit
- Individuals must register on UAE Drone app or website using their UAE Pass
- Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
- Upload the training certificate from a centre accredited by the GCAA
- Submit their request
What are the regulations?
- Fly it within visual line of sight
- Never over populated areas
- Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
- Users must avoid flying over restricted areas listed on the UAE Drone app
- Only fly the drone during the day, and never at night
- Should have a live feed of the drone flight
- Drones must weigh 5 kg or less
White hydrogen: Naturally occurring hydrogen
Chromite: Hard, metallic mineral containing iron oxide and chromium oxide
Ultramafic rocks: Dark-coloured rocks rich in magnesium or iron with very low silica content
Ophiolite: A section of the earth’s crust, which is oceanic in nature that has since been uplifted and exposed on land
Olivine: A commonly occurring magnesium iron silicate mineral that derives its name for its olive-green yellow-green colour
Sukuk
An Islamic bond structured in a way to generate returns without violating Sharia strictures on prohibition of interest.
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PROFILE OF INVYGO
Started: 2018
Founders: Eslam Hussein and Pulkit Ganjoo
Based: Dubai
Sector: Transport
Size: 9 employees
Investment: $1,275,000
Investors: Class 5 Global, Equitrust, Gulf Islamic Investments, Kairos K50 and William Zeqiri