There was a party atmosphere in Egypt's embassy in Abu Dhabi as hundreds voted in presidential elections.
There was a party atmosphere in Egypt's embassy in Abu Dhabi as hundreds voted in presidential elections.
There was a party atmosphere in Egypt's embassy in Abu Dhabi as hundreds voted in presidential elections.
There was a party atmosphere in Egypt's embassy in Abu Dhabi as hundreds voted in presidential elections.

Egyptian expats cast their ballots in UAE for country's presidential election


Haneen Dajani
  • English
  • Arabic

Thousands of Egyptians living in the UAE flocked to vote in their country’s presidential election.

The Egyptian embassy in Abu Dhabi and consulate in Dubai received long queues of visitors after opening their doors at 9am on Friday.

Egyptian diplomatic missions around the world allocated March 16 to 18 for their nationals living abroad to participate in the presidential elections, which conclude with voting in Egypt on March 26. The two nominees for the ballot are the current Egyptian president Abdel Fattah El Sisi and Moussa Mostafa Moussa.

Egypt’s ambassador to the UAE, Wael Gad, was the first to cast his ballot in Abu Dhabi, where the crowd danced and sang popular songs, the Emirati artist Hussein Al Jasmi’s song Bushret Khair. Voters came from all across Abu Dhabi, Al Dhafra and Al Ain. There were special buses allocated to transfer those who do not live in the city.

Wael Gad, the Egyptian ambassador to the UAE, is the first to vote at the embassy in Abu Dhabi.
Wael Gad, the Egyptian ambassador to the UAE, is the first to vote at the embassy in Abu Dhabi.

Ahmad Saeed, a 33-year-old voter, said that by noon the number of prospective voters queuing at the embassy had already reached more than 1,000.

“I wasn’t planning on going, but my friends called me in the morning and encouraged me to go. I am glad I participated the atmosphere is quite patriotic,” he said.

Khaled Abdulazeez, a 32-year-old Egyptian media advisor, said he will be voting for Mr Sisi because he has made Egypt more stable and secure in the past four years. “The country needs such leadership that will maintain its security, and in the past four years things have calmed down a lot in Egypt.”

“A number of projects have also taken place and new investment laws,” he added.

Read more: Egyptian presidential election begins with overseas voting on Friday

His wife Rasha Mohammed, 25, said she was not planning to vote at first because she was confident Mr Sisi will win.

“Today I changed my mind, after I saw everybody participating and celebrating I got encouraged and a patriotic feeling came out, and I felt that I also have a say and I should go and vote. I also voted for Sisi during the first elections.”

“This huge turnout was unexpected,” she added.

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Sally Kotb, a 30-year-old legal advisor, went with her parents and brother to vote for Sisi at the consulate in Dubai at around 9:30.

“There were already a lot of people and everybody was happy and they were singing and chanting patriotic statements, it was a beautiful spirit.

Sally Kotb and her brother Ahmed Kotb were voting at the Egyptian consulate in Dubai.
Sally Kotb and her brother Ahmed Kotb were voting at the Egyptian consulate in Dubai.

“It was a great experience, and the whole process was properly organised, and it was so smooth it did not take time at all, maybe ten minutes max.”

“There were thousands of people even though we went quite early, and as we were leaving more people started to flock,” she added.

Her mother Salwa Abu Taleb, said it was important for her family to take part in order to show gratitude to Mr Sisi for his accomplishments over the past four years, city housing projects, improvements to health care and security.

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 winners

Fiction

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The Evelyn Shakir Non-Fiction Award

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  • ‘The Sound of Listening’ by Philip Metres

The George Ellenbogen Poetry Award

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Children/Young Adult

  •  ‘I’ve Loved You Since Forever’ by Hoda Kotb 
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Power: 190hp

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Results
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Second Test, Adelaide: Australia won by 120 runs
Third Test, Perth: Australia won by an innings and 41 runs
Fourth Test: Melbourne: Drawn
Fifth Test: Australia won by an innings and 123 runs

Defence review at a glance

• Increase defence spending to 2.5% of GDP by 2027 but given “turbulent times it may be necessary to go faster”

• Prioritise a shift towards working with AI and autonomous systems

• Invest in the resilience of military space systems.

• Number of active reserves should be increased by 20%

• More F-35 fighter jets required in the next decade

• New “hybrid Navy” with AUKUS submarines and autonomous vessels

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Pot 1: Iran, Japan, South Korea, Australia, Qatar, United Arab Emirates, Saudi Arabia, China
Pot 2: Iraq, Uzbekistan, Syria, Oman, Lebanon, Kyrgyz Republic, Vietnam, Jordan
Pot 3: Palestine, India, Bahrain, Thailand, Tajikistan, North Korea, Chinese Taipei, Philippines
Pot 4: Turkmenistan, Myanmar, Hong Kong, Yemen, Afghanistan, Maldives, Kuwait, Malaysia
Pot 5: Indonesia, Singapore, Nepal, Cambodia, Bangladesh, Mongolia, Guam, Macau/Sri Lanka

Semi-final fixtures

Portugal v Chile, 7pm, today

Germany v Mexico, 7pm, tomorrow

Essentials

The flights
Etihad and Emirates fly direct from the UAE to Delhi from about Dh950 return including taxes.
The hotels
Double rooms at Tijara Fort-Palace cost from 6,670 rupees (Dh377), including breakfast.
Doubles at Fort Bishangarh cost from 29,030 rupees (Dh1,641), including breakfast. Doubles at Narendra Bhawan cost from 15,360 rupees (Dh869). Doubles at Chanoud Garh cost from 19,840 rupees (Dh1,122), full board. Doubles at Fort Begu cost from 10,000 rupees (Dh565), including breakfast.
The tours 
Amar Grover travelled with Wild Frontiers. A tailor-made, nine-day itinerary via New Delhi, with one night in Tijara and two nights in each of the remaining properties, including car/driver, costs from £1,445 (Dh6,968) per person.

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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

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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.
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