Editorial: It's been a bad week for suspected criminals in UAE
A palatial house decorated with gold fixtures and vintage furniture is the home of the Gupta family in Dubai.
The billionaire brothers, Ajay, Atul and Rajesh Gupta, who allegedly looted billions from state-owned companies in South Africa, lived for a few years with their families in the luxury Emirates Hills community in Dubai.
Dubai Police arrested Atul and the youngest brother, Rajesh, after Interpol placed them on its most-wanted list. South African authorities have sought their arrest on charges of fraud, money laundering and allegedly bribing government officials to secure contracts.
The status of the eldest brother, Ajay, is not clear.
Almost every piece of furniture had a history, a legacy
Prateek Chaudhry,
Dubai-based designer
Very little information is available about the personal lives of the intensely private Indian family.
The National spoke to Prateek Chaudhry, a Dubai-based designer and friend of the Guptas, for a glimpse into their lives.
Founder and managing director of interior design company The First Ferry, Mr Chaudhry was a frequent visitor to their Emirates Hills home and their office in Boulevard Plaza near Burj Khalifa.
“It’s a tight-knit family. The brothers worked together and were very close,” said Mr Chaudhry.
“Everyone stayed in the same house, the brothers, their wives and children. They were one big joint family.”
Furniture once owned by the Tsars and Michael Jackson
When they first met in early 2018, the Guptas' assets had been frozen in South Africa as part of an investigation by law enforcement agencies.
The brothers are accused of siphoning off billions of rand in state funds and building a business empire through their ties to former president Jacob Zuma and his family.
Mr Chaudhry spent a lot of time with Atul between 2018 and 2019.
“There was no bling about him [Atul],” Mr Chaudhry said.
“He was very low profile in the way he dressed and spoke. You had to really listen to hear what he was saying.”
The Guptas' mother presided over prayers every evening.
“They ate only vegetarian food. Their mother is the centre of the home and the three brothers think the world of their mom,” he said.
“She did the puja every evening at 7pm when there was a aarti or a real big puja in the house. Anyone in the house at that time was called to be part of the prayers.”
Mr Chaudhry often discussed overseas projects with Mr Gupta from 10am until late evening, and took part in the prayers.
He was very low profile in the way he dressed and spoke. You had to really listen to hear what he was saying
Prateek Chaudhry on Atul Gupta
Duduzane Zuma, son of the former South African president and a business partner of the Guptas, was in the house and took part in an evening prayer session that Mr Chaudhry was invited to.
The Emirates Hills home had about 35 members of staff, with butlers hired from the city’s top hotels.
Gold inlay work decorated the walls of the 40,000sq ft, 10-bedroom house that boasted a grand staircase, hand-painted central dome, multiple reception rooms with marble floors, and chandeliers.
The house was furnished with antiques and collectables.
Furniture in the living rooms once belonged to Russian tsars, a sofa was owned by Michael Jackson and miniature models of six private jets that the family owns were on display.
“There was gold inlay in the walls but it was not over the top,” Mr Chaudhry said.
“I have seen the most fancy houses in Emirates Hills. Here, the gold never struck your eyes. I would define the architecture as stately.
“Almost every piece of furniture had a history, a legacy. There were several pieces of collectable furniture.
“I have seen descriptions of the house as lavish but it's not. It was a blend of wood panelling, gold and marble.”
The underground parking had space for more than 10 cars, one of which was a rare Rolls-Royce Twilight limited edition.
Luxury community
The Emirates Hills community is filled with tree-lined pathways, lush landscapes and many homes overlook lakes and green stretches of a championship golf course.
Mr Chaudhry designs the interiors of homes, yachts and landscapes in India and overseas. His boutique firm also collaborated with Gauri Khan, the wife of Bollywood movie star Shah Rukh Khan, on homes and restaurant spaces.
His ties with the Gupta family dwindled over the past few years as the family travelled more frequently overseas.
The Gupta brothers deny any wrongdoing and have fought the application of the Red Notices, saying they are the victims of a political witch hunt in South Africa.
“I don’t know about the right and wrong, I just knew him [Atul] as a person,” Mr Chaudhry said.
“I have worked with many wealthy people. He was different because when he came to my office, no one knew he was from the powerful Gupta family.
“Atul was one of the most soft-spoken people I have met in my life.
“When you work with the wealthy, they have an idea, an opinion and it's always their way.
“But with Atul, if you had a better idea he would listen to you.”
The bio
Date of Birth: April 25, 1993
Place of Birth: Dubai, UAE
Marital Status: Single
School: Al Sufouh in Jumeirah, Dubai
University: Emirates Airline National Cadet Programme and Hamdan University
Job Title: Pilot, First Officer
Number of hours flying in a Boeing 777: 1,200
Number of flights: Approximately 300
Hobbies: Exercising
Nicest destination: Milan, New Zealand, Seattle for shopping
Least nice destination: Kabul, but someone has to do it. It’s not scary but at least you can tick the box that you’ve been
Favourite place to visit: Dubai, there’s no place like home
Director: Laxman Utekar
Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna
Rating: 1/5
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.”
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Ferrari 12Cilindri specs
Engine: naturally aspirated 6.5-liter V12
Power: 819hp
Torque: 678Nm at 7,250rpm
Price: From Dh1,700,000
Available: Now
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”
CHELSEA SQUAD
Arrizabalaga, Bettinelli, Rudiger, Christensen, Silva, Chalobah, Sarr, Azpilicueta, James, Kenedy, Alonso, Jorginho, Kante, Kovacic, Saul, Barkley, Ziyech, Pulisic, Mount, Hudson-Odoi, Werner, Havertz, Lukaku.
MEDIEVIL%20(1998)
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SOUTH%20KOREA%20SQUAD
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Israel Palestine on Swedish TV 1958-1989
Director: Goran Hugo Olsson
Rating: 5/5
Surianah's top five jazz artists
Billie Holliday: for the burn and also the way she told stories.
Thelonius Monk: for his earnestness.
Duke Ellington: for his edge and spirituality.
Louis Armstrong: his legacy is undeniable. He is considered as one of the most revolutionary and influential musicians.
Terence Blanchard: very political - a lot of jazz musicians are making protest music right now.
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
MATCH INFO
Uefa Champions League, Group C
Liverpool v Red Star Belgrade
Anfield, Liverpool
Wednesday, 11pm (UAE)
World%20Food%20Day%20
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In numbers: China in Dubai
The number of Chinese people living in Dubai: An estimated 200,000
Number of Chinese people in International City: Almost 50,000
Daily visitors to Dragon Mart in 2018/19: 120,000
Daily visitors to Dragon Mart in 2010: 20,000
Percentage increase in visitors in eight years: 500 per cent
Our legal consultants
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
UAE SQUAD
Ahmed Raza (Captain), Rohan Mustafa, Jonathan Figy, CP Rizwan, Junaid Siddique, Mohammad Usman, Basil Hameed, Zawar Farid, Vriitya Aravind (WK), Waheed Ahmed, Karthik Meiyappan, Zahoor Khan, Darius D'Silva, Chirag Suri
The%20Roundup
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Our family matters legal consultant
Name: Dr Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
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
Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5
Company%20Profile
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SPECS
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Zodi%20%26%20Tehu%3A%20Princes%20Of%20The%20Desert
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Tax authority targets shisha levy evasion
The Federal Tax Authority will track shisha imports with electronic markers to protect customers and ensure levies have been paid.
Khalid Ali Al Bustani, director of the tax authority, on Sunday said the move is to "prevent tax evasion and support the authority’s tax collection efforts".
The scheme’s first phase, which came into effect on 1st January, 2019, covers all types of imported and domestically produced and distributed cigarettes. As of May 1, importing any type of cigarettes without the digital marks will be prohibited.
He said the latest phase will see imported and locally produced shisha tobacco tracked by the final quarter of this year.
"The FTA also maintains ongoing communication with concerned companies, to help them adapt their systems to meet our requirements and coordinate between all parties involved," he said.
As with cigarettes, shisha was hit with a 100 per cent tax in October 2017, though manufacturers and cafes absorbed some of the costs to prevent prices doubling.
Everton%20Fixtures
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Results
STAGE
1 . Filippo Ganna (Ineos) - 0:13:56
2. Stefan Bissegger (Education-Nippo) - 0:00:14
3. Mikkel Bjerg (UAE Team Emirates) - 0:00:21
4. Tadej Pogacar (UAE Team Emirates) - 0:00:24
5. Luis Leon Sanchez (Astana) - 0:00:30
GENERAL CLASSIFICATION
1. Tadej Pogacar (UAE Team Emirates) - 4:00:05
2. Joao Almeida (QuickStep) - 0:00:05
3. Mattia Cattaneo (QuickStep) - 0:00:18
4. Chris Harper (Jumbo-Visma) - 0:00:33
5. Adam Yates (Ineos) - 0:00:39
Tori Amos
Native Invader
Decca
Indoor cricket in a nutshell
Indoor cricket in a nutshell
Indoor Cricket World Cup - Sept 16-20, Insportz, Dubai
16 Indoor cricket matches are 16 overs per side
8 There are eight players per team
9 There have been nine Indoor Cricket World Cups for men. Australia have won every one.
5 Five runs are deducted from the score when a wickets falls
4 Batsmen bat in pairs, facing four overs per partnership
Scoring In indoor cricket, runs are scored by way of both physical and bonus runs. Physical runs are scored by both batsmen completing a run from one crease to the other. Bonus runs are scored when the ball hits a net in different zones, but only when at least one physical run is score.
Zones
A Front net, behind the striker and wicketkeeper: 0 runs
B Side nets, between the striker and halfway down the pitch: 1 run
C Side nets between halfway and the bowlers end: 2 runs
D Back net: 4 runs on the bounce, 6 runs on the full
MO
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