A print showing Venetian merchant Marco Polo, who travelled to the court of the Mongol emperor Kublai Khan via the Silk Road and spent 17 years in China before returning to his home country. Oxford Science Archive / Print Collector / Getty Images
A print showing Venetian merchant Marco Polo, who travelled to the court of the Mongol emperor Kublai Khan via the Silk Road and spent 17 years in China before returning to his home country. Oxford Science Archive / Print Collector / Getty Images
A print showing Venetian merchant Marco Polo, who travelled to the court of the Mongol emperor Kublai Khan via the Silk Road and spent 17 years in China before returning to his home country. Oxford Science Archive / Print Collector / Getty Images
A print showing Venetian merchant Marco Polo, who travelled to the court of the Mongol emperor Kublai Khan via the Silk Road and spent 17 years in China before returning to his home country. Oxford Sc

Lessons from history could stop us from making the same old mistakes


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Most of our parents would probably say we would be far better off if we could use the lessons they learned the hard way – lessons that would have saved them time, effort and maybe even heartbreak had they learnt them sooner. But did they live life based on the learnings of their own parents’ mistakes before us? Do we learn our lessons from history as individuals, as nations, as mankind?

As human beings, we go in cycles from one milestone to the next. Starting over is at the core of our existence. Even the 50 to 75 trillion cells that make up a human body are replaced with new cells every seven to 10 years.

We are both cursed and blessed with forgetfulness, and sometimes we forget the pain caused by our own past mistakes which takes us right back into a situation where history repeats itself

There is no denying lessons from the past have advanced our species, but every now and then, and it may be the renewed cells talking, a voice inside us responds to a familiar risk with ‘it could be different this time’. It might be the optimist in us talking but we can sometimes convince ourselves that under different circumstances even an identical situation could have a different outcome.

And is it wrong to want to make our own mistakes, even if those before us have walked the same path and failed? Is it better to live avoiding situations and scenarios that have been tested and failed?

It is not only the lessons learnt from the mistakes of others that are in question. Spanish philosopher and novelist George Santayana wrote: "Those who cannot remember their past are condemned to repeat their mistakes". We are both cursed and blessed with forgetfulness, and sometimes we forget the pain caused by our own past mistakes which takes us right back into a situation where history repeats itself. Nostalgia is the other human trait that can be terribly deceiving. Looking at the past with a romanticised idea of mostly the good while ignoring the bad can cause us to fall back into the same traps repeatedly.

But how do we view history in a more distant and holistic sense? In his book The Silk Roads, Peter Frankopan talks about looking at history, "not as a series of periods and regions that are isolated and distinct, but to see the rhythms of history in which the world has been connected for millennia as being part of a bigger, inclusive global past". Do we therefore learn from our global past or consider that the rhythms of history affect only others and never us? Frankopan says that his work would have been equally relevant if he had written it 25 years ago because winds of change are always blowing on the silk roads, the networks that are the world's nervous system. Can we assume they always will be relevant in the future?

DUBAI, UNITED ARAB EMIRATES - (L-R) Moderator Julia Wheeler, Martin Puchner and Peter Frankopan at The Who writes the history session at the Literature Festival, Dubai Festival City. Leslie Pableo for the National
DUBAI, UNITED ARAB EMIRATES - (L-R) Moderator Julia Wheeler, Martin Puchner and Peter Frankopan at The Who writes the history session at the Literature Festival, Dubai Festival City. Leslie Pableo for the National

It is not only historians who reveal how history affects our present. Some of the most poignant and mesmerising works of fiction have risen from the bones of our collective history. The stories of Toni Morrison, James Baldwin and more recently Tayari Jones are only fiction in the details; they tell the truth better than any work of non-fiction could.

For instance, Fatima Bhutto's stunning novel The Runaways, about what drives young people to join terror outfits, gives us a window into why people make unthinkable choices. The realities Bhutto writes about are best explored through fiction. They can be read as a stark warning: ignore at your peril the lessons of history.

Indeed these lessons are all around us if we care to look and acknowledge them. But simply observing them is not enough to stop the endless repetition. We need to be brave when we look at the facts and we need to be open to different perspectives. Only then can we hope to break the cycle.

But the future is no longer in the hands of humans alone. While we are busy analysing the elements that lead us to repeating mistakes, the world of artificial intelligence will be running full steam with no memory loss and no rosy pictures of a nostalgic past. We are continuously developing technological forces that are changing the face of the earth. The artificial intelligence beast will soon become too intelligent, too embedded in all touchpoints of human life that it might start to become impossible for us to control. While learning from our past has gotten us to this point, the question to be asked is: just because we can visit unimaginable places, does it mean we should?

Historian Justin Marozzi tells us that "without cities there is no such thing as a civilisation. It is within cities, rather than among deserts, wildernesses, steppes, mountains and jungles, however beautiful and spirit-soaring, that humankind has realised its greatest potential: excelling in the arts and sciences, exploring the human condition and leaving an indelible literary legacy". If so, then why is there a growing popularity for nature retreats, eating fewer animal products, making sustainable lifestyle choices and focusing on spiritual well-being? It appears as though humankind's greatest potential has also come with the greatest of consequences, which takes me to the final question: who is narrating our history?

Ahlam Bolooki is festival director for Emirates Airline Festival of Literature

The Scale for Clinical Actionability of Molecular Targets
Company Profile

Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million

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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

MATCH INFO

Manchester City 3 (Silva 8' &15, Foden 33')

Birmginahm City 0

Man of the match Bernado Silva (Manchester City)

MO
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Key findings of Jenkins report
  • Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
  • Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
  • Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
  • Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
The specs: Macan Turbo

Engine: Dual synchronous electric motors
Power: 639hp
Torque: 1,130Nm
Transmission: Single-speed automatic
Touring range: 591km
Price: From Dh412,500
On sale: Deliveries start in October

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Tesalam Aleik

Abdullah Al Ruwaished

(Rotana)

Innotech Profile

Date started: 2013

Founder/CEO: Othman Al Mandhari

Based: Muscat, Oman

Sector: Additive manufacturing, 3D printing technologies

Size: 15 full-time employees

Stage: Seed stage and seeking Series A round of financing 

Investors: Oman Technology Fund from 2017 to 2019, exited through an agreement with a new investor to secure new funding that it under negotiation right now. 

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What is Reform?

Reform is a right-wing, populist party led by Nigel Farage, a former MEP who won a seat in the House of Commons last year at his eighth attempt and a prominent figure in the campaign for the UK to leave the European Union.

It was founded in 2018 and originally called the Brexit Party.

Many of its members previously belonged to UKIP or the mainstream Conservatives.

After Brexit took place, the party focused on the reformation of British democracy.

Former Tory deputy chairman Lee Anderson became its first MP after defecting in March 2024.

The party gained support from Elon Musk, and had hoped the tech billionaire would make a £100m donation. However, Mr Musk changed his mind and called for Mr Farage to step down as leader in a row involving the US tycoon's support for far-right figurehead Tommy Robinson who is in prison for contempt of court.

Other workplace saving schemes
  • The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
  • Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
  • National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
  • In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
  • Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.

Armies of Sand

By Kenneth Pollack (Oxford University Press)
 

ANALYSTS’ TOP PICKS OF SAUDI BANKS IN 2019

Analyst: Aqib Mehboob of Saudi Fransi Capital

Top pick: National Commercial Bank

Reason: It will be at the forefront of project financing for government-led projects

 

Analyst: Shabbir Malik of EFG-Hermes

Top pick: Al Rajhi Bank

Reason: Defensive balance sheet, well positioned in retail segment and positively geared for rising rates

 

Analyst: Chiradeep Ghosh of Sico Bank

Top pick: Arab National Bank

Reason: Attractive valuation and good growth potential in terms of both balance sheet and dividends

Trump v Khan

2016: Feud begins after Khan criticised Trump’s proposed Muslim travel ban to US

2017: Trump criticises Khan’s ‘no reason to be alarmed’ response to London Bridge terror attacks

2019: Trump calls Khan a “stone cold loser” before first state visit

2019: Trump tweets about “Khan’s Londonistan”, calling him “a national disgrace”

2022:  Khan’s office attributes rise in Islamophobic abuse against the major to hostility stoked during Trump’s presidency

July 2025 During a golfing trip to Scotland, Trump calls Khan “a nasty person”

Sept 2025 Trump blames Khan for London’s “stabbings and the dirt and the filth”.

Dec 2025 Trump suggests migrants got Khan elected, calls him a “horrible, vicious, disgusting mayor”

UAE currency: the story behind the money in your pockets
Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

India Test squad

Kohli (c), Dhawan, Rahul, Vijay, Pujara, Rahane (vc), Karun, Karthik (wk), Rishabh Pant (wk), Ashwin, Jadeja, Kuldeep, Pandya, Ishant, Shami, Umesh, Bumrah, Thakur

THE SPECS

      

 

Engine: 1.5-litre

 

Transmission: 6-speed automatic

 

Power: 110 horsepower 

 

Torque: 147Nm 

 

Price: From Dh59,700 

 

On sale: now  

 
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Some of Darwish's last words

"They see their tomorrows slipping out of their reach. And though it seems to them that everything outside this reality is heaven, yet they do not want to go to that heaven. They stay, because they are afflicted with hope." - Mahmoud Darwish, to attendees of the Palestine Festival of Literature, 2008

His life in brief: Born in a village near Galilee, he lived in exile for most of his life and started writing poetry after high school. He was arrested several times by Israel for what were deemed to be inciteful poems. Most of his work focused on the love and yearning for his homeland, and he was regarded the Palestinian poet of resistance. Over the course of his life, he published more than 30 poetry collections and books of prose, with his work translated into more than 20 languages. Many of his poems were set to music by Arab composers, most significantly Marcel Khalife. Darwish died on August 9, 2008 after undergoing heart surgery in the United States. He was later buried in Ramallah where a shrine was erected in his honour.

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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 Cairo Statement

 1: Commit to countering all types of terrorism and extremism in all their manifestations

2: Denounce violence and the rhetoric of hatred

3: Adhere to the full compliance with the Riyadh accord of 2014 and the subsequent meeting and executive procedures approved in 2014 by the GCC  

4: Comply with all recommendations of the Summit between the US and Muslim countries held in May 2017 in Saudi Arabia.

5: Refrain from interfering in the internal affairs of countries and of supporting rogue entities.

6: Carry out the responsibility of all the countries with the international community to counter all manifestations of extremism and terrorism that threaten international peace and security

Terminator: Dark Fate

Director: Tim Miller

Starring: Arnold Schwarzenegger, Linda Hamilton, Mackenzie Davis 

Rating: 3/5

MATCH INFO

Liverpool 4 (Salah (pen 4, 33', & pen 88', Van Dijk (20')

Leeds United 3 (Harrison 12', Bamford 30', Klich 66')

Man of the match Mohamed Salah (Liverpool)