Offering civil marriage for non-Muslims in Abu Dhabi has been just one in a series of changes to family law in the UAE. Khushnum Bhandari / The National
Offering civil marriage for non-Muslims in Abu Dhabi has been just one in a series of changes to family law in the UAE. Khushnum Bhandari / The National
Offering civil marriage for non-Muslims in Abu Dhabi has been just one in a series of changes to family law in the UAE. Khushnum Bhandari / The National
The UAE can be proud of the many things that it has achieved in recent times, but perhaps close to being top of that list is the introduction of a new civil family law regime applicable throughout the country.
Before these changes, each emirate had its own personal status law and court, part of the role of which was to regulate residents’ family law issues. Although these courts are not strictly Sharia based, they are Sharia led.
This creates a cultural platform in areas such as in family law which is quite different to that operable in countries in the West. For some residents who come from abroad and especially for non-Muslims, this disconnect could be challenging and sometimes led to families seeking to have their legal disputes resolved in their countries of origin.
These different approaches existed in the parenting roles for men and women, in the support provided for wives in divorce by families rather than ex-spouses and the treatment of money accumulated during the marriage on a financial application following a divorce.
The introduction of a civil family law is intended to address this cultural disconnect and provide non-Muslim residents and families living in the UAE with outcomes that feel more familiar and therefore hopefully cause less anguish and acrimony during relationship breakdown.
It also allows families to obtain a remedy in their country of residence rather than their country of origin.
A key part of the new law is to not differentiate between parties on the ground of gender – this being in some ways the opposite of the previously applicable personal status law that specifically provided for gender-defined roles of Guardian (the man) and Custodian (the woman), with different obligations, powers and duties arising from those two parenting roles.
Families enjoying their time outdoors along the Corniche in Abu Dhabi. The UAE's family law is intended to send residents a message that they should feel comfortable building a life, a family and a home here. Khushnum Bhandari / The National
The clearest and most substantial manifestation of this gender non-differentiation is the new starting point of “joint custody”, where it is a fundamental principle that the mother and father shall jointly share the responsibility of raising children after divorce.
For this to be disapplied, and sole custody sought and obtained, one must specifically apply with good reason in support. This is a helpful move forward for expatriate non-Muslim residents in the UAE who can now enjoy a non-gender based outcome in a custody dispute.
Under the personal status law the financial award on a divorce has an entirely differently principled foundation than one obtained in a western country. Culturally and historically in the UAE, there is no expectation for ex-spouses to provide ongoing financial support for the other ex-spouse on divorce unless that support is for a child.
The new civil family law has already been well received internationally
There is a greater emphasis on family support in such a situation and with the provision of compensation, bringing a marriage to an end is considered locally a much simpler, less burdensome exercise. Abroad and in western countries, it is considered quite differently: marriage is a partnership that brings with it an obligation of future support and sharing of that which has been generated during the marriage, whether a specific de jure (as in France) or de facto (as in England) community of property regime exists.
The new civil family law therefore broadens the scope for financial orders upon a divorce to allow for spousal maintenance and lump-sum orders that reflect this different expectation and perception of what a marriage creates and represents to those expatriate residents.
Now an ex-spouse can receive ongoing monthly support from their richer former spouse, perhaps to reflect the fact that the relationship generated career disadvantages (such as having children or otherwise) and to share more in that which was created during the marriage albeit perhaps held in the sole name of just one party.
To assist the court with these greater financial powers on a divorce, the new civil family law also allows for a sophisticated disclosure process conducted by a third-party accountant expert, who provides a report on the assets and income of the parties.
In many countries around the world, it is possible to seek financial relief after a foreign divorce. This means that court proceedings in their country of origin could still be relevant for a non-Muslim resident of the UAE even if they have obtained a divorce in the Emirates.
This facility is usually available only when there is a deficiency in the financial order obtained at first instance. With these increased powers and the wider scope now applicable in the UAE, it will make such applications less possible and therefore fewer. As a result, it will keep proceedings on separation in one place and in one court.
The new civil family law has already been well received internationally, with the well known and well-regarded English judge Edward Hess’s ruling that the English court would defer to the Abu Dhabi Civil Family Court in a decision reported in the English law reports in October 2022. It is assumed this will be the first of many such endorsements in the near future and onwards.
This ultimately is another welcoming gesture by the UAE to its expatriate non-Muslim residents. It is intended to send to them a message that they should feel comfortable building a life, a family and a home here and know that if a separation occurs – or if one already has – a culturally relevant outcome is available for them.
It is another stark example of the UAE placing itself in a uniquely modern position and underlines its status as a progressive country that truly values its international communities.
There are numerous success stories of teen businesses that were created in college dorm rooms and other modest circumstances. Below are some of the most recognisable names in the industry:
Facebook: Mark Zuckerberg and his friends started Facebook when he was a 19-year-old Harvard undergraduate.
Dell: When Michael Dell was an undergraduate student at Texas University in 1984, he started upgrading computers for profit. He starting working full-time on his business when he was 19. Eventually, his company became the Dell Computer Corporation and then Dell Inc.
Subway: Fred DeLuca opened the first Subway restaurant when he was 17. In 1965, Mr DeLuca needed extra money for college, so he decided to open his own business. Peter Buck, a family friend, lent him $1,000 and together, they opened Pete’s Super Submarines. A few years later, the company was rebranded and called Subway.
Mashable: In 2005, Pete Cashmore created Mashable in Scotland when he was a teenager. The site was then a technology blog. Over the next few decades, Mr Cashmore has turned Mashable into a global media company.
Oculus VR: Palmer Luckey founded Oculus VR in June 2012, when he was 19. In August that year, Oculus launched its Kickstarter campaign and raised more than $1 million in three days. Facebook bought Oculus for $2 billion two years later.
Tamkeen's offering
Option 1: 70% in year 1, 50% in year 2, 30% in year 3
Option 2: 50% across three years
Option 3: 30% across five years
BMW M5 specs
Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor
Saturday
Atletico Madrid v Sevilla (3pm)
Alaves v Real Madrid (6.15pm)
Malaga v Athletic Bilbao (8.30pm)
Girona v Barcelona (10.45pm)
Sunday
Espanyol v Deportivo la Coruna (2pm)
Getafe v Villarreal (6.15pm)
Eibar v Celta Vigo (8.30pm)
Las Palmas v Leganes (8.30pm)
Real Sociedad v Valencia (10.45pm)
(All games 4-3pm kick UAE time) Bayern Munich v Augsburg, Borussia Dortmund v Bayer Leverkusen, Hoffenheim v Hertha Berlin, Wolfsburg v Mainz , Eintracht Frankfurt v Freiburg, Union Berlin v RB Leipzig, Cologne v Schalke , Werder Bremen v Borussia Monchengladbach, Stuttgart v Arminia Bielefeld
COMPANY PROFILE
Name: Qyubic Started: October 2023 Founder: Namrata Raina Based: Dubai Sector: E-commerce Current number of staff: 10 Investment stage: Pre-seed Initial investment: Undisclosed
Korean Film Festival 2019 line-up
Innocent Witness, June 26 at 7pm
On Your Wedding Day, June 27 at 7pm
The Great Battle, June 27 at 9pm
The Witch: Part 1. The Subversion, June 28 at 4pm
Romang, June 28 at 6pm
Mal Mo E: The Secret Mission, June 28 at 8pm
Underdog, June 29 at 2pm
Nearby Sky, June 29 at 4pm
A Resistance, June 29 at 6pm
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.”
Health Valley
Founded in 2002 and set up as a foundation in 2006, Health Valley has been an innovation in healthcare for more than 10 years in Nijmegen, the Netherlands.
It serves as a place where companies, businesses, universities, healthcare providers and government agencies can collaborate, offering a platform where they can connect and work together on healthcare innovation.
Its partners work on technological innovation, new forms of diagnostics and other methods to make a difference in healthcare.
Its agency consists of eight people, four innovation managers and office managers, two communication advisers and one director. It gives innovation support to businesses and other parties in its network like a broker, connecting people with the right organisation to help them further
Technology expert in robotics and automation: Dh20,000 to Dh40,000
Energy engineer: Dh25,000 to Dh30,000
Production engineer: Dh30,000 to Dh40,000
Data-driven supply chain management professional: Dh30,000 to Dh50,000
HR leader: Dh40,000 to Dh60,000
Engineering leader: Dh30,000 to Dh55,000
Project manager: Dh55,000 to Dh65,000
Senior reservoir engineer: Dh40,000 to Dh55,000
Senior drilling engineer: Dh38,000 to Dh46,000
Senior process engineer: Dh28,000 to Dh38,000
Senior maintenance engineer: Dh22,000 to Dh34,000
Field engineer: Dh6,500 to Dh7,500
Field supervisor: Dh9,000 to Dh12,000
Field operator: Dh5,000 to Dh7,000
Men’s singles
Group A: Son Wan-ho (Kor), Lee Chong Wei (Mas), Ng Long Angus (HK), Chen Long (Chn) Group B: Kidambi Srikanth (Ind), Shi Yugi (Chn), Chou Tien Chen (Tpe), Viktor Axelsen (Den)
Women’s Singles
Group A: Akane Yamaguchi (Jpn), Pusarla Sindhu (Ind), Sayaka Sato (Jpn), He Bingjiao (Chn) Group B: Tai Tzu Ying (Tpe), Sung Hi-hyun (Kor), Ratchanok Intanon (Tha), Chen Yufei (Chn)
England v Australia, 11.15am
New Zealand v Ireland, 2.15pm
Sunday
Wales v France, 11.15am
Japan v South Africa, 2.15pm
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
RESULTS - ELITE MEN
1. Henri Schoeman (RSA) 57:03
2. Mario Mola (ESP) 57:09
3. Vincent Luis (FRA) 57:25
4. Leo Bergere (FRA)57:34
5. Jacob Birtwhistle (AUS) 57:40
6. Joao Silva (POR) 57:45
7. Jonathan Brownlee (GBR) 57:56
8. Adrien Briffod (SUI) 57:57
9. Gustav Iden (NOR) 57:58
10. Richard Murray (RSA) 57:59
The chief operating officer of Hyperloop Transportation Technologies, Andres de Leon, said his company's hyperloop technology is “ready” and safe.
He said the company prioritised safety throughout its development and, last year, Munich Re, one of the world's largest reinsurance companies, announced it was ready to insure their technology.
“Our levitation, propulsion, and vacuum technology have all been developed [...] over several decades and have been deployed and tested at full scale,” he said in a statement to The National.
“Only once the system has been certified and approved will it move people,” he said.
HyperloopTT has begun designing and engineering processes for its Abu Dhabi projects and hopes to break ground soon.
With no delivery date yet announced, Mr de Leon said timelines had to be considered carefully, as government approval, permits, and regulations could create necessary delays.