Bishop Paolo Martinelli during the Easter service held at the Church at the Abrahamic Family House in Abu Dhabi. Pawan Singh / The National
Bishop Paolo Martinelli during the Easter service held at the Church at the Abrahamic Family House in Abu Dhabi. Pawan Singh / The National
Bishop Paolo Martinelli during the Easter service held at the Church at the Abrahamic Family House in Abu Dhabi. Pawan Singh / The National
Bishop Paolo Martinelli during the Easter service held at the Church at the Abrahamic Family House in Abu Dhabi. Pawan Singh / The National


Religious tolerance is at the core of the Gulf's strategic thinking


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  • Arabic

May 14, 2024

Several Gulf countries, most notably Bahrain and the UAE, are evolving national identities that emphasise religious tolerance. Some observers will naturally interpret this as an attempt to de-escalate the region’s religious-based violence. However, a deeper examination of the impact of religion reveals an economic benefit to developing more tolerant societies.

It has become fashionable for many modern secularists to demonise religion as being a major barrier to peace. When they learn someone is devout, it often wrongly conjures up images of extreme confessional intolerance, such as the Spanish Inquisition torturing suspected heretics based on flimsy evidence. It is perhaps not a surprise, then, that the significant role religion plays in daily life in Gulf countries – including the political and legal systems – occasionally draws antipathy and hysterically negative media coverage in the West.

Thoroughly investigating the role religion has played in human societies, however, yields a much more complex view. In all human societies, a fundamental problem is how to encourage pro-social behaviour, such as respecting property rights and refraining from marital infidelity, when there isn’t someone monitoring people’s actions. Religious beliefs that reward righteousness and punish deviant behaviour can help overcome this problem, as adherents will fear divine retribution should they behave in an anti-social manner. From the perspective of many 21st-century people who are religious, a lack of belief may breed nihilism of the kind that could encourage destructive acts that are all too common on social media today, such as bullying, narcissism, greed and so on.

  • About 65,000 people turned out at the BAPS Hindu Mandir temple in Abu Dhabi on March 3, the first Sunday it was open. All photos: Pawan Singh / The National
    About 65,000 people turned out at the BAPS Hindu Mandir temple in Abu Dhabi on March 3, the first Sunday it was open. All photos: Pawan Singh / The National
  • The temple was inaugurated by Indian Prime Minister Narendra Modi in February
    The temple was inaugurated by Indian Prime Minister Narendra Modi in February
  • Now, 30,000 people on average visit the complex every Sunday with weekend waiting times of up to 90 minutes
    Now, 30,000 people on average visit the complex every Sunday with weekend waiting times of up to 90 minutes
  • When the Baps Hindu temple formally opened on February 14, people began queuing almost immediately
    When the Baps Hindu temple formally opened on February 14, people began queuing almost immediately
  • Hindus also expected to converge in large numbers to celebrate the Ram Navami and Hanuman Jayanti festivals
    Hindus also expected to converge in large numbers to celebrate the Ram Navami and Hanuman Jayanti festivals
  • Elaborate carvings of deities are an integral part of the temple
    Elaborate carvings of deities are an integral part of the temple
  • Temple officials are bracing for high numbers of visitors while maintaining a festive atmosphere
    Temple officials are bracing for high numbers of visitors while maintaining a festive atmosphere
  • The Baps Hindu Mandir, in the Abu Mureikha area off Sheikh Zayed Road, is open to people of all faiths
    The Baps Hindu Mandir, in the Abu Mureikha area off Sheikh Zayed Road, is open to people of all faiths
  • Abu Dhabi’s first Hindu temple is gearing up to welcome tens of thousands of people for several festivals this month
    Abu Dhabi’s first Hindu temple is gearing up to welcome tens of thousands of people for several festivals this month
  • April is a packed month in the Hindu calendar with celebrations centred around Hindu new year and the spring season
    April is a packed month in the Hindu calendar with celebrations centred around Hindu new year and the spring season
Beyond their direct human costs, violence and distrust of others have a large, negative economic effect, too

Along these lines, religion’s positive impact on pro-social behaviour allows societies to scale up significantly, going from roving bands of a dozen people (like those you might see in the Mad Max films) to modern cities with much higher levels of mutual trust. This opens the door to the economic benefits associated with specialisation and division of labour.

As societies mature, religion also confers economic benefits by providing a foundation for the concept of rule of law, which is often defined as senior officials being subject to the same legal restrictions as ordinary people. This happens because religious scriptures are – by definition – above all humans, and so everyone, regardless of social status or power, must respect their prescriptions. Since many religiously based rules relate to good governance, such as banning theft and murder, placing these constraints on the people that wield the most power in society yields significant economic benefits.

For Muslims, this is best illustrated by the righteous leadership of the first four Caliphs, Abu Bakr, Umar, Uthman and Ali, all of whom were extremely conscious of the need to respect the same laws that ordinary Muslims had to abide by. The result was a large boost to Muslims’ collective military and economic power compared to some of their contemporary rivals, for whom corruption and arbitrary, unconstrained rule severely undermined the quality of their public administration.

Of course, religion does not have a universally positive effect on economic performance. It can often generate an in-group bias, with the followers of a religion sometimes tacitly – or even explicitly – being instructed to mistreat non-followers. While religion is definitely not the only reason European colonisers felt free to behave genocidally in the Americas during the 16th and 17th centuries, the belief that the innocent natives they were slaughtering were heathens bound for Hell certainly helped overcome any intrinsic inhibitions against engaging in mass slaughter. Similarly, Northern Ireland has suffered many difficulties over the past five centuries due to religious-based violence, and the salience of religion continues to breed mistrust between neighbours, colleagues, teammates and so on.

Beyond their direct human costs, violence and distrust of others have a large, negative economic effect, too. People start allocating resources away from education and health towards weapons and fighting. Societies that religiously Balkanise unwind the benefits that come from scale, such as the division of labour, as occurred in the former Yugoslavia. When general trust in the community declines as people become wary of followers of other religions, the burden on the legal system rises, as people start to demand longer and more complicated contracts to protect their interests. In-group bias also undermines the establishment of meritocratic norms in businesses and government organisations as people start hiring and promoting based on religious affiliation, leading to inferior commercial performance and lower-quality public administration.

It is with half an eye on these costs of religious conflict that Gulf countries have started to nurture higher levels of tolerance in their own societies. They are aware that religion can really help the economy through its encouragement of pro-social behaviour. Moreover, they are keenly aware of the way some western societies are disintegrating as a direct result of their rejection of religion, and the associated economic damage taking the form of crime, broken families and pervasively hedonistic behaviour.

Thus, countries such as the UAE and Bahrain are trying to reform religion’s traditional role to reap its benefits without incurring its costs. They want their residents to behave righteously, but they also want them to refrain from the historical tendency to fight with people from other religious groups. Encouraging tolerance and peaceful co-existence works towards that end.

Secularists who scoff at the idea of religion being a force for good would do well to remember that the two most destructive ideologies in world history – communism and Nazism – were intensely anti-religious. However, harnessing the benefits of religion – including the considerable economic gains available – requires taming of the tendency for followers of one religion to exclude and work against non-followers. Teaching children to be tolerant helps defuse that bomb, engendering pious behaviour channelled towards lives that are more productive spiritually, socially and economically.

What are the influencer academy modules?
  1. Mastery of audio-visual content creation. 
  2. Cinematography, shots and movement.
  3. All aspects of post-production.
  4. Emerging technologies and VFX with AI and CGI.
  5. Understanding of marketing objectives and audience engagement.
  6. Tourism industry knowledge.
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Indika
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Skoda Superb Specs

Engine: 2-litre TSI petrol

Power: 190hp

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Available: Now

GAC GS8 Specs

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THE SPECS

2020 Toyota Corolla Hybrid LE

Engine: 1.8 litre combined with 16-volt electric motors

Transmission: Automatic with manual shifting mode

Power: 121hp

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AI traffic lights to ease congestion at seven points to Sheikh Zayed bin Sultan Street

The seven points are:

Shakhbout bin Sultan Street

Dhafeer Street

Hadbat Al Ghubainah Street (outbound)

Salama bint Butti Street

Al Dhafra Street

Rabdan Street

Umm Yifina Street exit (inbound)

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

LILO & STITCH

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Rating: 4.5/5

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.”

Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

Electoral College Victory

Trump has so far secured 295 Electoral College votes, according to the Associated Press, exceeding the 270 needed to win. Only Nevada and Arizona remain to be called, and both swing states are leaning Republican. Trump swept all five remaining swing states, North Carolina, Georgia, Pennsylvania, Michigan and Wisconsin, sealing his path to victory and giving him a strong mandate. 

 

Popular Vote Tally

The count is ongoing, but Trump currently leads with nearly 51 per cent of the popular vote to Harris’s 47.6 per cent. Trump has over 72.2 million votes, while Harris trails with approximately 67.4 million.

Shooting Ghosts: A U.S. Marine, a Combat Photographer, and Their Journey Back from War by Thomas J. Brennan and Finbarr O’Reilly

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Lexus LX700h specs

Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

On sale: Now

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COMPANY PROFILE

Name: Lamsa

Founder: Badr Ward

Launched: 2014

Employees: 60

Based: Abu Dhabi

Sector: EdTech

Funding to date: $15 million

The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

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Generation Start-up: Awok company profile

Started: 2013

Founder: Ulugbek Yuldashev

Sector: e-commerce

Size: 600 plus

Stage: still in talks with VCs

Principal Investors: self-financed by founder

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
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DIVINE%20INTERVENTOIN
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UEFA CHAMPIONS LEAGUE FIXTURES

All kick-off times 10.45pm UAE ( 4 GMT) unless stated

Tuesday
Sevilla v Maribor
Spartak Moscow v Liverpool
Manchester City v Shakhtar Donetsk
Napoli v Feyenoord
Besiktas v RB Leipzig
Monaco v Porto
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Wednesday
Basel v Benfica
CSKA Moscow Manchester United
Paris Saint-Germain v Bayern Munich
Anderlecht v Celtic
Qarabag v Roma (8pm)
Atletico Madrid v Chelsea
Juventus v Olympiakos
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Updated: July 11, 2024, 2:29 PM