This weekend will mark a historic moment in Slovenia-UAE relations, when President Dr Natasa Pirc Musar arrives in Abu Dhabi for her first official bilateral visit.
The visit, which comes at a time of great geopolitical turbulence with potentially devastating consequences for the entire world, demonstrates the importance we place on continuing to build strong bilateral relations between Slovenia and the UAE. It also shows that both countries view this relationship as one between valuable and trusted partners.
It has been 32 years since the two countries established diplomatic relations and six years since Slovenia opened its embassy in Abu Dhabi, its first in the Gulf. The embassy opening was a sign of our genuine interest to further develop friendly relations with the UAE in all areas.
We have strengthened our co-operation in recent years and there is a vibrant political and economic activity between our two countries. The UAE has become the second-largest economic partner of Slovenia among the Gulf states. Establishing direct flights, linking Dubai and Ljubljana, has contributed greatly towards people-to-people contacts and new connections in different fields.
Numerous Slovenian companies active in the various emirates acknowledge the UAE as a favourable business environment. These companies, along with business delegations, are participating in all the major trade fairs in the UAE such as Gitex, Idex, Arab Health and Gulfood.
Many Slovenian citizens now live in the UAE: entrepreneurs, university professors, artists and professionals across fields. Some UAE sports teams include Slovenian athletes. Notable names include the world cycling champion Tadej Pogacar, who rides for UAE Team Emirates. Jurica Golemac and Klemen Prepelic are head coach and captain, respectively, of the newly formed Dubai Basketball Club. Slovenian footballers ply their trade in the UAE’s leagues.
The two countries are also co-operating in various multilateral forums.
Slovenia is a non-permanent member of the UN Security Council for the 2024-2025 term, with its membership based on the motto “Building trust, securing the future”, stressing the respect for international law and protection of human rights, including gender rights. The ever-growing friendly relations between the two countries were also reflected in the fact that the UAE supported Slovenia’s candidacy to the Security Council, helping to reach a significant moment in our nation’s diplomatic history.
As a committed nation at the heart of Europe, Slovenia has already demonstrated leadership on issues ranging from human rights to water management. Our commitment to reaching peace and stability amid increasing tensions around the world, especially in the Middle East, threatened by an all-out war, is just one of our common driving forces. Slovenia’s approach is focused on conflict prevention. Much like the UAE, Slovenia considers itself as an honest broker and believes in the power of mediation.
Our country champions an equal role for women in public life, too.
Dr Pirc Musar is the first female head of state in Slovenia’s history. In the early 2010s, we had our first ever woman prime minister. Today, the president of the National Assembly, the Minister of Foreign and European Affairs, the state prosecutor and the state attorney are all women.
Last but not least, 40 per cent of the National Assembly is comprised of women, which is a national record.
While the UAE is one of world’s leading humanitarian donors, Slovenia also highlights the importance of protecting civilians in armed conflicts by respecting international humanitarian and human rights laws. That is why we commend the UAE’s material support to UNRWA, which is being consistently targeted to the point of being banned by Israeli legislation. Hence, in order to prevent an even bigger number of civilian casualties in Gaza and Lebanon, which are the biggest victims, Slovenia is pushing for an immediate and sustainable ceasefire and the release of hostages resulting from negotiations that will include regional actors like the UAE.
Simultaneously, the international community should take concrete steps towards implementing the two-state solution and finding a political resolution that respects the rights, and guarantees the security, of both Palestinians and Israelis, and addresses the root causes of the conflict. Otherwise the deadly cycle of violence will not stop. It is time to show principled positions, not double standards, and accountability should be ensured for all violations of international law, regardless of the perpetrator, and not only in the Middle East.
Lasting peace is also urgently needed in Ukraine, as aggression has no place under the UN Charter and a just peace approved by Ukraine as the victim of aggression is needed. Despite potential differences on the way of achieving a certain goal, Slovenia and the UAE remain faithful to the same objective and that is what counts.
As our two countries place a special emphasis on multilateralism in an increasingly polarised world, we are both aware that climate agenda is also an agenda for peace. During Cop28 in Dubai, Slovenia and the UAE, as members of the Green Group, launched the Green Group Knowledge Hub on Water Solutions as well as the Climate Adaptation Accelerator. More concretely, Slovenia, just like the UAE, views water not merely as a commodity but as a fundamental human right – and is as such enshrined in our Constitution.
Perhaps far apart in terms of physical distance, yet so comparable in numerous ways, Slovenia and the UAE share a number of priorities and interests, and continue to develop and explore the remaining untapped potential for our co-operation. I am confident that the coming visit of the Slovenian President to the UAE will greatly contribute towards strengthening this partnership even further.
'Skin'
Dir: Guy Nattiv
Starring: Jamie Bell, Danielle McDonald, Bill Camp, Vera Farmiga
Rating: 3.5/5 stars
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About Tenderd
Started: May 2018
Founder: Arjun Mohan
Based: Dubai
Size: 23 employees
Funding: Raised $5.8m in a seed fund round in December 2018. Backers include Y Combinator, Beco Capital, Venturesouq, Paul Graham, Peter Thiel, Paul Buchheit, Justin Mateen, Matt Mickiewicz, SOMA, Dynamo and Global Founders Capital
T20 World Cup Qualifier
October 18 – November 2
Opening fixtures
Friday, October 18
ICC Academy: 10am, Scotland v Singapore, 2.10pm, Netherlands v Kenya
Zayed Cricket Stadium: 2.10pm, Hong Kong v Ireland, 7.30pm, Oman v UAE
UAE squad
Ahmed Raza (captain), Rohan Mustafa, Ashfaq Ahmed, Rameez Shahzad, Darius D’Silva, Mohammed Usman, Mohammed Boota, Zawar Farid, Ghulam Shabber, Junaid Siddique, Sultan Ahmed, Imran Haider, Waheed Ahmed, Chirag Suri, Zahoor Khan
Players out: Mohammed Naveed, Shaiman Anwar, Qadeer Ahmed
Players in: Junaid Siddique, Darius D’Silva, Waheed Ahmed
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.”
Results
6.30pm: The Madjani Stakes (PA) Group 3 Dh175,000 (Dirt) 1,900m
Winner: Aatebat Al Khalediah, Fernando Jara (jockey), Ali Rashid Al Raihe (trainer).
7.05pm: Maiden (TB) Dh165,000 (D) 1,400m
Winner: Down On Da Bayou, Royston Ffrench, Salem bin Ghadayer.
7.40pm: Maiden (TB) Dh165,000 (D) 1,600m
Winner: Dubai Avenue, Fernando Jara, Ali Rashid Al Raihe.
8.15pm: Handicap (TB) Dh190,000 (D) 1,200m
Winner: My Catch, Pat Dobbs, Doug Watson.
8.50pm: Dubai Creek Mile (TB) Listed Dh265,000 (D) 1,600m
Winner: Secret Ambition, Tadhg O’Shea, Satish Seemar.
9.25pm: Handicap (TB) Dh190,000 (D) 1,600m
Winner: Golden Goal, Pat Dobbs, Doug Watson.
The five pillars of Islam
Day 2, Dubai Test: At a glance
Moment of the day Pakistan’s effort in the field had hints of shambles about it. The wheels were officially off when Wahab Riaz lost his run up and aborted the delivery four times in a row. He re-measured his run, jogged in for two practice goes. Then, when he was finally ready to go, he bailed out again. It was a total cringefest.
Stat of the day – 139.5 Yasir Shah has bowled 139.5 overs in three innings so far in this Test series. Judged by his returns, the workload has not withered him. He has 14 wickets so far, and became history’s first spinner to take five-wickets in an innings in five consecutive Tests. Not bad for someone whose fitness was in question before the series.
The verdict Stranger things have happened, but it is going to take something extraordinary for Pakistan to keep their undefeated record in Test series in the UAE in tact from this position. At least Shan Masood and Sami Aslam have made a positive start to the salvage effort.
New process leads to panic among jobseekers
As a UAE-based travel agent who processes tourist visas from the Philippines, Jennifer Pacia Gado is fielding a lot of calls from concerned travellers just now. And they are all asking the same question.
“My clients are mostly Filipinos, and they [all want to know] about good conduct certificates,” says the 34-year-old Filipina, who has lived in the UAE for five years.
Ms Gado contacted the Philippines Embassy to get more information on the certificate so she can share it with her clients. She says many are worried about the process and associated costs – which could be as high as Dh500 to obtain and attest a good conduct certificate from the Philippines for jobseekers already living in the UAE.
“They are worried about this because when they arrive here without the NBI [National Bureau of Investigation] clearance, it is a hassle because it takes time,” she says.
“They need to go first to the embassy to apply for the application of the NBI clearance. After that they have go to the police station [in the UAE] for the fingerprints. And then they will apply for the special power of attorney so that someone can finish the process in the Philippines. So it is a long process and more expensive if you are doing it from here.”
If you go:
The flights: Etihad, Emirates, British Airways and Virgin all fly from the UAE to London from Dh2,700 return, including taxes
The tours: The Tour for Muggles usually runs several times a day, lasts about two-and-a-half hours and costs £14 (Dh67)
Harry Potter and the Cursed Child is on now at the Palace Theatre. Tickets need booking significantly in advance
Entrance to the Harry Potter exhibition at the House of MinaLima is free
The hotel: The grand, 1909-built Strand Palace Hotel is in a handy location near the Theatre District and several of the key Harry Potter filming and inspiration sites. The family rooms are spacious, with sofa beds that can accommodate children, and wooden shutters that keep out the light at night. Rooms cost from £170 (Dh808).
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More on animal trafficking
AGL AWARDS
Golden Ball - best Emirati player: Khalfan Mubarak (Al Jazira)
Golden Ball - best foreign player: Igor Coronado (Sharjah)
Golden Glove - best goalkeeper: Adel Al Hosani (Sharjah)
Best Coach - the leader: Abdulaziz Al Anbari (Sharjah)
Fans' Player of the Year: Driss Fetouhi (Dibba)
Golden Boy - best young player: Ali Saleh (Al Wasl)
Best Fans of the Year: Sharjah
Goal of the Year: Michael Ortega (Baniyas)
Countdown to Zero exhibition will show how disease can be beaten
Countdown to Zero: Defeating Disease, an international multimedia exhibition created by the American Museum of National History in collaboration with The Carter Center, will open in Abu Dhabi a month before Reaching the Last Mile.
Opening on October 15 and running until November 15, the free exhibition opens at The Galleria mall on Al Maryah Island, and has already been seen at the Jimmy Carter Presidential Library and Museum in Atlanta, the American Museum of Natural History in New York, and the London School of Hygiene and Tropical Medicine.
How it works
A $10 hand-powered LED light and battery bank
Device is operated by hand cranking it at any time during the day or night
The charge is stored inside a battery
The ratio is that for every minute you crank, it provides 10 minutes light on the brightest mode
A full hand wound charge is of 16.5minutes
This gives 1.1 hours of light on high mode or 2.5 hours of light on low mode
When more light is needed, it can be recharged by winding again
The larger version costs between $18-20 and generates more than 15 hours of light with a 45-minute charge
No limit on how many times you can charge
What can you do?
Document everything immediately; including dates, times, locations and witnesses
Seek professional advice from a legal expert
You can report an incident to HR or an immediate supervisor
You can use the Ministry of Human Resources and Emiratisation’s dedicated hotline
In criminal cases, you can contact the police for additional support
Day 3 stumps
New Zealand 153 & 249
Pakistan 227 & 37-0 (target 176)
Pakistan require another 139 runs with 10 wickets remaining
The specs
Engine: 2.0-litre 4-cyl turbo
Power: 201hp at 5,200rpm
Torque: 320Nm at 1,750-4,000rpm
Transmission: 6-speed auto
Fuel consumption: 8.7L/100km
Price: Dh133,900
On sale: now