A worshipper at the 300-year-old Al Bidiya mosque in Fujairah.
A worshipper at the 300-year-old Al Bidiya mosque in Fujairah.

Dubai Creek being considered as world heritage site



DUBAI // He may not know it, but Ourangzaib Alamgir is part of a way of life that once defined the essence of Dubai.

The Pakistani, 32, owns a small company that helps traders to load their goods on to traditional dhows along the banks of the Dubai Creek.

Once full, the vessels leave the creek and cross the Arabian Gulf and Arabian Sea, with Iran and Somalia their most frequent destinations.

Most of the manual workers servicing the industry are foreigners, but the culture of sea-faring and trading across borders is at the very heart of Dubai's heritage.

The emirate now hopes for global recognition of the creek's cultural significance, with authorities saying yesterday they want to have it listed as a World Heritage site.

If Dubai Municipality is successful, the creek will join Al Ain on the prestigious list that includes Egypt's pyramids and India's Taj Mahal.

The UN Educational, Scientific and Cultural Organisation (Unesco) includes sites on the list if they meet certain criteria.

They must represent a masterpiece of human creative genius and be directly associated with historical events or living traditions, ideas or beliefs, among other standards.

Rashad Bukhash, the head of the architectural heritage department at Dubai Municipality, believes the creek, also known as Khor Dubai, fully deserves this status.

"This is where Dubai started from," Mr Bukhash says, explaining records show a vibrant culture of sea-faring and trading that is more than 150 years old.

The area, which has already been included on the Unesco World Heritage tentative list, comprises the mouth of the creek and the first 4.5 kilometres.

It includes the quay and piers of the harbour along the banks of the creek, where the dhows moor. It also includes the areas of Bastakiya and Shindagah, with their well-preserved traditional buildings.

The Faheidi Fort and souqs, including the Bur Dubai souq, are also in the proposed area.

"Tourists always come to Dubai to see the modern attractions. They are not thinking of the creek," says Dr Eman Assi, cultural heritage expert at Dubai Municipality.

"It used to be the heart of Dubai, from there the whole city developed. It is a very authentic experience in Dubai, which is still existing."

Regardless of the time of year, the creek is generally bustling with activity. Commercial dhows, dinner cruises, abras and water taxis ply the busy water route between the trading centres of Bur Dubai and the commercial centre of Deira every day.

It will take about two years before officials know whether Dubai Creek has made it to the final World Heritage list. The first draft of an application, explaining its cultural and heritage value and the measures to preserve it, should be submitted to Unesco this September.

The final draft is expected for submission in December. Then a team of international experts will visit to independently evaluate the creek's potential.

The experts may raise some points and discussions with Dubai Municipality that could take up to 18 months.

The final discussion of the nomination file and a decision are expected in June 2014.

Al Ain was included in June last year for locations including Jebel Hafeet, Hili, Bida bint Saud, its six oases and the man-made water system of falaj.

There are five other UAE sites on this year's tentative World Heritage list. They include the island of Umm Al Nar in Abu Dhabi, where there are about 50 tombs dating from between 2,500 and 2,000BC.

The island's residents from those times smelted copper and traded with Mesopotamia and the Indus Valley.

Sharjah is represented by Sir Bu Nair Island, home to rare marine life including turtles, and by the emirate's central region, where there are five archaeological sites of various ages.

Among them is Al Buhais Mountain, which contains many tombs from the fifth millennium BC.

Also on the list is Al Bidya Mosque in Fujairah, the UAE's oldest place of worship. A site in Umm Al Quwain, the Ed-Dur temple, offers a glimpse into life before the arrival of Islam.

Back along the banks of the Dubai Creek yesterday, Mr Alamgir was not aware of the Unesco bid. On his mind was a more practical matter.

Political disagreement between the US and Iran has greatly decreased trade with the UAE's neighbour.

This means fewer traders need the services of his loading company. From a monthly average of Dh1,000 or Dh2,000, his income has dropped to as little as Dh500, Mr Alamgir says.

When asked about the future, he gives a response that is often heard in the region.

"Inshallah," he says, his gaze looking up. "God bless. We wait for God bless."

* With additional reporting by Rym Ghazal

Tips for entertaining with ease

·         Set the table the night before. It’s a small job but it will make you feel more organised once done.

·         As the host, your mood sets the tone. If people arrive to find you red-faced and harried, they’re not going to relax until you do. Take a deep breath and try to exude calm energy.

·         Guests tend to turn up thirsty. Fill a big jug with iced water and lemon or lime slices and encourage people to help themselves.

·         Have some background music on to help create a bit of ambience and fill any initial lulls in conversations.

·         The meal certainly doesn’t need to be ready the moment your guests step through the door, but if there’s a nibble or two that can be passed around it will ward off hunger pangs and buy you a bit more time in the kitchen.

·         You absolutely don’t have to make every element of the brunch from scratch. Take inspiration from our ideas for ready-made extras and by all means pick up a store-bought dessert.

 

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Scoreline

Liverpool 3
Mane (7'), Salah (69'), Firmino (90')

Bournemouth 0

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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

Paatal Lok season two

Directors: Avinash Arun, Prosit Roy 

Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong

Rating: 4.5/5

Electric scooters: some rules to remember
  • Riders must be 14-years-old or over
  • Wear a protective helmet
  • Park the electric scooter in designated parking lots (if any)
  • Do not leave electric scooter in locations that obstruct traffic or pedestrians
  • Solo riders only, no passengers allowed
  • Do not drive outside designated lanes
SCHEDULE

Thursday, December 6
08.00-15.00 Technical scrutineering
15.00-17.00 Extra free practice

Friday, December 7
09.10-09.30 F4 free practice
09.40-10.00 F4 time trials
10.15-11.15 F1 free practice
14.00 F4 race 1
15.30 BRM F1 qualifying

Saturday, December 8
09.10-09.30 F4 free practice
09.40-10.00 F4 time trials
10.15-11.15 F1 free practice
14.00 F4 race 2
15.30 Grand Prix of Abu Dhabi

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.”

If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.

When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.

How to get there: Emirates currently flies from Dubai to Orlando five times a week.
Our legal consultant

Name: Dr Hassan Mohsen Elhais

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