The discovery of a “blue hole” off Abu Dhabi has linked the UAE to nations across the globe that are also home to stunning marine sinkholes.
From Belize to the Bahamas, from China to Malta, blue holes are breathtaking sights often characterised by water that, because of the hole’s depth, appears a much darker blue than the surrounding sea.
Typically formed in areas of limestone or coral, they can be rich in life nearer the water surface and often contain numerous species of fish.
Some, even if the surface area is smaller, are much deeper than Abu Dhabi's newly revealed blue hole, stretching hundreds of metres vertically.
However, with poor circulation, deeper blue holes may be oxygen-depleted further down, where the waters are home to many types of micro-organisms.
Dr Jamie Pringle, a senior lecturer in geosciences at Keele University in the UK, said the mechanism by which blue holes are formed was unusual.
Sinkholes on land are created typically, he said, by the flow of rain or groundwater, which gradually wears material down over time before the areas of erosion connect to form caverns.
The blue holes, by contrast, are thought to be formed by the exposure of structures on land at a time of lower sea levels. The eroded areas are filled by water when sea levels rise.
“It is interesting and unusual as it needs both soluble bedrock that is exposed to the surface for a relatively long time, then is covered with water to preserve [the blue hole],” Dr Pringle said.
The Abu Dhabi blue hole, which lies off Al Dhafra, is skirted by coral and is about 200 metres wide and with a depth of about 12 metres it is relatively shallow compared to other large blue holes. Like others, it is home to many fish species, including in this case emperor fish and jackfish.
No less stunning than blue holes are some of the sinkholes that form on land, such as cenotes, a name usually used in Mexico for pools formed when limestone bedrock – the solid rock that sits underneath the soil – collapses.
These are filled with groundwater and in come cases become popular swimming spots. The term 'cenote' is sometimes applied to blue holes, too.
Related structures include karst lakes, which are created by the collapse of caves in limestone regions when the underlying bedrock has dissolved.
Here are some of the world’s most impressive blue holes:
Dragon Hole
The world’s deepest known blue hole is in a coral reef off the Paracel Islands, a disputed archipelago in the South China Sea.
Known as Dragon Hole and the Sansha Yongle Blue Hole, it was described in a 2018 article in the journal Scientific Reports as resembling a ballet dancer’s shoe and has a depth of 301 metres.
Its upper section has a roughly vertical cylindrical shape but further down the hole narrows and is angled diagonally.
Bahama Blue Hole
With a depth of about 202 metres, the Bahama Blue Hole or Dean’s Blue Hole was the deepest known in the world until the Dragon Hole was analysed.
Dean’s Blue Hole has been the location for numerous world records in free-diving, in which participants dive without breathing apparatus.
One record set there, in 2018, was by Alexey Molchanov, a Russian, who went 130 metres below the surface, described by Guinness World Records as “the deepest self-propelled dive in history”.
Blue Hole (Sinai Peninsula)
Known simply as Blue Hole, a site at Dahab off the Sinai Peninsula on Egypt’s Red Sea coast has a depth of slightly more than 100 metres and is a popular diving location.
There have been numerous deaths at Blue Hole, partly because it contains a tunnel known as the Arch, which is said to be hazardous.
It is also a popular spot for snorkelling and tourism companies offer trips, with visitors able to enjoy a variety of multicoloured coral and many fish species.
Great Blue Hole
The Great Blue Hole off Belize in Central America lies near the centre of a coral atoll and was made famous by Jacques Cousteau, the French ocean explorer.
Famously, Cousteau berthed his ship, the Calypso, in the blue hole in the early 1970s and detected stalactites beneath the surface, indicating that the structure had formed on land before a rise in the sea level.
Another popular diving spot, it lies about 40 miles from the coast of Belize and is part of a reef system that is a Unesco World Heritage Site.
Another site called Blue Hole is found off the Maltese island of Gozo and is a popular location for diving, free diving and snorkelling.
It is a sinkhole in the limestone that measures about 10 metres by five metres and is sheltered from the sea by a fringe of rock.
The Blue Hole has a depth of about 25 metres and at nine metres is an archway that connects to the open sea.
Natural disasters from space - in pictures
GOLF’S RAHMBO
- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)
COMPANY PROFILE
● Company: Bidzi
● Started: 2024
● Founders: Akshay Dosaj and Asif Rashid
● Based: Dubai, UAE
● Industry: M&A
● Funding size: Bootstrapped
● No of employees: Nine
Squid Game season two
Director: Hwang Dong-hyuk
Stars: Lee Jung-jae, Wi Ha-joon and Lee Byung-hun
Rating: 4.5/5
The Bio
Favourite vegetable: “I really like the taste of the beetroot, the potatoes and the eggplant we are producing.”
Holiday destination: “I like Paris very much, it’s a city very close to my heart.”
Book: “Das Kapital, by Karl Marx. I am not a communist, but there are a lot of lessons for the capitalist system, if you let it get out of control, and humanity.”
Musician: “I like very much Fairuz, the Lebanese singer, and the other is Umm Kulthum. Fairuz is for listening to in the morning, Umm Kulthum for the night.”
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
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.”
Our legal columnist
Name: Yousef Al Bahar
Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994
Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers
Points to remember
- Debate the issue, don't attack the person
- Build the relationship and dialogue by seeking to find common ground
- Express passion for the issue but be aware of when you're losing control or when there's anger. If there is, pause and take some time out.
- Listen actively without interrupting
- Avoid assumptions, seek understanding, ask questions
COMPANY PROFILE
Name: Rain Management
Year started: 2017
Based: Bahrain
Employees: 100-120
Amount raised: $2.5m from BitMex Ventures and Blockwater. Another $6m raised from MEVP, Coinbase, Vision Ventures, CMT, Jimco and DIFC Fintech Fund
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The biog
First Job: Abu Dhabi Department of Petroleum in 1974
Current role: Chairperson of Al Maskari Holding since 2008
Career high: Regularly cited on Forbes list of 100 most powerful Arab Businesswomen
Achievement: Helped establish Al Maskari Medical Centre in 1969 in Abu Dhabi’s Western Region
Future plan: Will now concentrate on her charitable work
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Qosty Byogaani
Starring: Hani Razmzi, Maya Nasir and Hassan Hosny
Four stars
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UAE v Gibraltar
What: International friendly
When: 7pm kick off
Where: Rugby Park, Dubai Sports City
Admission: Free
Online: The match will be broadcast live on Dubai Exiles’ Facebook page
UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)
Sarfira
Director: Sudha Kongara Prasad
Starring: Akshay Kumar, Radhika Madan, Paresh Rawal
Rating: 2/5
Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
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Fuel consumption: 11.7L/100km
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Australia: Finch (c), Agar, Behrendorff, Carey, Coulter-Nile, Lynn, McDermott, Maxwell, Short, Stanlake, Stoinis, Tye, Zampa
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The Settlers
Director: Louis Theroux
Starring: Daniella Weiss, Ari Abramowitz
Rating: 5/5
Jetour T1 specs
Engine: 2-litre turbocharged
Power: 254hp
Torque: 390Nm
Price: From Dh126,000
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The Voice of Hind Rajab
Starring: Saja Kilani, Clara Khoury, Motaz Malhees
Director: Kaouther Ben Hania
Rating: 4/5