Readers say they are happy to live in the UAE because it offers a safe and multicultural environment. Lee Hoagland/The National
Readers say they are happy to live in the UAE because it offers a safe and multicultural environment. Lee Hoagland/The National
Readers say they are happy to live in the UAE because it offers a safe and multicultural environment. Lee Hoagland/The National
Readers say they are happy to live in the UAE because it offers a safe and multicultural environment. Lee Hoagland/The National

Views on religion expressed on TV show misplaced


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It's worth watching the clip of Real Time with Bill Maher (Ben Affleck angrily defends Muslims in heated debate on HBO's Real Time with Bill Maher, October 6).

Mr Maher was giving his opinion as if he was stating facts. The other guest, Sam Haris, even went as far as to say that Muslims who don’t really believe in the faith need to be empowered.

At that moment it was clear that he didn’t only have something against Muslims, but the faith itself.

He was calling for the elimination of the faith. If the western media thinks that Muslims who condemn ISIL would gladly abandon Islam, then they are mistaken. That kind of thought is dangerous and anyone who has similar ambitions and aspirations is no different than ISIL.

Ben Afleck’s frustration was understandable, as is Reza Aslan’s. The biggest challenge we face today is from those who talk about things they have no clue about and spew venom that creates divisions.

Abdullah Yahya Hamed, Dubai

Mr Harris was attempting to make an argument but was constantly interrupted by an aggressive and hysterical Affleck.

Affleck seemed to lack the courage to argue with a person with different opinions.

Simon Kobster, Dubai

We should be respectful to all faiths. For inspiration, one needs to look at the UAE.

Maria Padilla, Dubai

UAE offers unique opportunities

The safe and peaceful environment of the UAE is a real treat, even though I miss winter and autumn back home (UAE in top 20 for a quality lifestyle, October 8). The summer is unbearable.

Christina Ann Murphy, Abu Dhabi

I am lucky to be able to live in the UAE that has friendly and tolerant people, low crime rates and a multicultural environment.

However, even though it gives us the opportunity to enjoy some of the best things in the world, the cost of living is so high that it’s becoming increasingly difficult to afford many of them.

Varsha John, Abu Dhabi

Focus on source of rent problems

I refer to your editorial Rising rents create problems for all in the UAE (October 8). To address the issue effectively, you have to start at the source, which is inflated prices that developers ask for newly built properties. They are simply not worth the prices that are paid for them.

These inflated prices in turn drive landlords to ask for inflated rent to deliver a return on their investment, which in turn hits tenants. The greed of developers drives greed among investors.

Unfortunately, there are also too many landlords who are sitting on existing properties that they bought at ridiculously high prices and they’re trying to get the tenant to pay for their poor investment choices.

Ian Jiggens, Dubai

I don’t know how this issue can be solved. But I know that as rents rise, our life will become more difficult. Soon many of us may have to leave the UAE.

Sameer Abdullah, Abu Dhabi

Driving habits need to change

It is good news that the number of accidents has fallen in Abu Dhabi (Campaigns bite as deaths drop by fifth, October 7).

The credit goes to the police, as well as the Government that has installed speed cameras everywhere in the city. But more needs to be done to change people’s driving habits. Changing lanes without using indicators causes many accidents.

Other problems, such as tailgating and flashing lights from behind, still persist.

I have not come across one incident in which a driver has been fined for such behaviour. Unless motorists are disciplined, our roads will continue to remain dangerous.

Name withheld by request

Our legal consultant

Name: Dr Hassan Mohsen Elhais

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

SPECS
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RESULTS

6.30pm: Al Maktoum Challenge Round-1 Group 1 (PA) Dh119,373 (Dirt) 1,600m
Winner: Brraq, Adrie de Vries (jockey), Jean-Claude Pecout (trainer)

7.05pm: Handicap (TB) Dh102,500 (D) 1,200m
Winner: Taamol, Connor Beasley, Ali Rashid Al Raihe.

7.40pm: Handicap (TB) Dh105,000 (Turf) 1,800m
Winner: Eqtiraan, Connor Beasley, Ali Rashid Al Raihe.

8.15pm: UAE 1000 Guineas Trial (TB) Dh183,650 (D) 1,400m
Winner: Soft Whisper, Pat Cosgrave, Saeed bin Suroor.

9.50pm: Handicap (TB) Dh105,000 (D) 1,600m
Winner: Hypothetical, Mickael Barzalona, Salem bin Ghadayer.

9.25pm: Handicap (TB) Dh95,000 (T) 1,000m
Winner: Etisalat, Sando Paiva, Ali Rashid Al Raihe

UAE currency: the story behind the money in your pockets
Temple numbers

Expected completion: 2022

Height: 24 meters

Ground floor banquet hall: 370 square metres to accommodate about 750 people

Ground floor multipurpose hall: 92 square metres for up to 200 people

First floor main Prayer Hall: 465 square metres to hold 1,500 people at a time

First floor terrace areas: 2,30 square metres  

Temple will be spread over 6,900 square metres

Structure includes two basements, ground and first floor 

What vitamins do we know are beneficial for living in the UAE

Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.

The%20specs%20
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Qosty Byogaani

Starring: Hani Razmzi, Maya Nasir and Hassan Hosny

Four stars

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.”

UAE currency: the story behind the money in your pockets
Dubai Bling season three

Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed 

Rating: 1/5

Abu Dhabi traffic facts

Drivers in Abu Dhabi spend 10 per cent longer in congested conditions than they would on a free-flowing road

The highest volume of traffic on the roads is found between 7am and 8am on a Sunday.

Travelling before 7am on a Sunday could save up to four hours per year on a 30-minute commute.

The day was the least congestion in Abu Dhabi in 2019 was Tuesday, August 13.

The highest levels of traffic were found on Sunday, November 10.

Drivers in Abu Dhabi lost 41 hours spent in traffic jams in rush hour during 2019

 

Company%20Profile
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Dengue%20fever%20symptoms
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Wicked: For Good

Director: Jon M Chu

Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater

Rating: 4/5

%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Nag%20Ashwin%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3EPrabhas%2C%20Saswata%20Chatterjee%2C%20Deepika%20Padukone%2C%20Amitabh%20Bachchan%2C%20Shobhana%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E%E2%98%85%E2%98%85%E2%98%85%E2%98%85%3C%2Fp%3E%0A
Tips to keep your car cool
  • Place a sun reflector in your windshield when not driving
  • Park in shaded or covered areas
  • Add tint to windows
  • Wrap your car to change the exterior colour
  • Pick light interiors - choose colours such as beige and cream for seats and dashboard furniture
  • Avoid leather interiors as these absorb more heat
Day 2, Abu Dhabi Test: At a glance

Moment of the day Dinesh Chandimal has inherited a challenging job, after being made Sri Lanka’s Test captain. He responded in perfect fashion, with an easy-natured century against Pakistan. He brought up three figures with a majestic cover drive, which he just stood and admired.

Stat of the day – 33 It took 33 balls for Dilruwan Perera to get off the mark. His time on zero was eventful enough. The Sri Lankan No 7 was given out LBW twice, but managed to have both decisions overturned on review. The TV replays showed both times that he had inside edged the ball onto his pad.

The verdict In the two previous times these two sides have met in Abu Dhabi, the Tests have been drawn. The docile nature of proceedings so far makes that the likely outcome again this time, but both sides will be harbouring thoughts that they can force their way into a winning position.

The%20specs
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COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million