A small but growing Jewish community now calls Dubai home.
Following the signing of the Abraham Accords, hundreds of Jewish families moved to the country, setting up businesses, registering their children in school and worshipping at a community centre that doubles as a small synagogue.
The promise of new business opportunities and the sense of safety women enjoy in the UAE has made the transition easy, community members say, and they are preparing to welcome even more families.
The quality of life is absolutely different. Life is more sweet, more relaxed, more slow
Kelly Masliah,
member of Jewish community
Sparkle of the diamond trade
It made perfect sense for Adi Zamir, who runs a diamond and jewellery business in Ramat Gan city near Tel Aviv, to relocate to Dubai after the accords were signed in September 2020.
The shifting of power centres from Belgium’s Antwerp, the traditional hub for the diamond trade, to Dubai influenced his decision.
“It looks like this [Dubai] will be centre of the diamond business in the world instead of Belgium,” he said.
“So I took a decision that this is the best location and I will do my business here and then I brought my family.”
Mr Zamir, 51, is in the rough diamond business and previously spent most weeks flying from Israel to India to meet clients. Living in Dubai has made life simpler, as his customers often travel to the Emirates for work and holidays.
His move came even before Dubai Multi Commodities Centre authorities confirmed the UAE had overtaken Belgium in 2021 to become the top trading hub for rough diamonds.
India cuts or polishes about 90 per cent of the world’s diamonds.
“Most of my clients are Indian, the majority of the diamond business is in India so I have to be close to India. My clients have no problem coming to Dubai because India is a three-hour flight away,” he said.
Sunny skies and a business-friendly atmosphere are a bonus.
“The weather is good most of the time. Conditions for work are good and I’m impressed with the DMCC. You come here and you are welcome,” he said.
And more tourists from Israel have come to explore the country over the past year.
“In the beginning, in Israel, people were afraid, especially people who have never been here before. They said, why would you go to an Arab Muslim country?” he said.
“That changed very quickly because Israelis like to travel. People now understand it’s a very secure place, there is no reason to be afraid. There are many attractions and it’s a fun place for tourists so lately people don’t ask me anymore.”
His two elder children live in Israel and his younger daughters are in school in Dubai.
They join others for Shabbat prayers in a Dubai villa on Friday and travel with families to Fujairah and Abu Dhabi to explore the country.
Mr Zamir said he is not worried when his teenage daughters and wife take taxis at night.
“Dubai — it’s open for everybody. There is a sense of security. This is the most important for everyone,” he said.
“This is the most secure place in the world, to my knowledge.
“Believe me, with my two daughters, I feel this is the safest place in the world.”
'Life is sweet, relaxed, slow'
For Kelly Masliah, 31, who was born and raised in Paris, the accords gave her family the chance to move to a new country.
She had travelled with her husband, a tax adviser, several times to Dubai on holiday, and was impressed with what she saw.
“After Covid, we wanted to experience another city,” she said.
“We came to Dubai three times on holiday and we loved the city very much.
“The accords makes us very happy as it helped us to come here.”
She spoke of Dubai’s relaxed vibe and how people are always ready to help in supermarkets or restaurants.
“The quality of life is absolutely different. The weather makes everything better. The children can play outside every day,” she said.
“And you get good service. In the grocery stores, and in restaurants, they serve you fast and they have a smile.
“In Paris, when you go out, you think it should not be too late because of work the next day.
“When you have an event in Dubai, you really enjoy it, everybody is relaxed.
“Life is sweeter, more relaxed here, slower here.”
Her husband manages a tax advisory team in France from Dubai.
Their children go to a Jewish nursery and a bilingual French-English school in Dubai.
Before they moved, Ms Masliah called the Jewish centre in an Al Wasl villa and learnt about the small but growing community.
“It was important to find people like us in a country where we don’t know nobody,” she said.
“We as Jews feel very safe. I know local people respect the Jewish people.
“When we have celebrations, they respect and understand that we have our services and prayers.”
Visiting relatives and friends realise it is futile to ask them to return.
“Our family said — enjoy but come back in one year. But now we told them that we are enjoying it too much,” she said.
“I hope the community will grow more and more. I love this life. I hope to stay here a long time.”
From around the world
Levi Duchman, the first resident chief rabbi in the UAE, said Jews from more than 15 countries including Argentina, the US, Canada, the UK, France, Netherlands, Japan, Australia and Israel now live in the UAE.
“We plan to welcome thousands of new families that will be moving here in the next 10 years,” he said.
“Being the first rabbi here, it is important for me that families live in the UAE where there is a culture of tolerance and coexistence.”
The community is working with Dubai authorities to identify a location for a permanent synagogue.
Rabbi Duchman said it was “heartwarming” to know the community was welcome.
“When I came here eight years ago, people asked what I was trying to accomplish,” he said.
“Today, there is such a warm relationship where people are working together, living with each other, supporting one another, building projects together.
“This is how you can see the tremendous success of the Abraham Accords.”
War
Director: Siddharth Anand
Cast: Hrithik Roshan, Tiger Shroff, Ashutosh Rana, Vaani Kapoor
Rating: Two out of five stars
World record transfers
1. Kylian Mbappe - to Real Madrid in 2017/18 - €180 million (Dh770.4m - if a deal goes through)
2. Paul Pogba - to Manchester United in 2016/17 - €105m
3. Gareth Bale - to Real Madrid in 2013/14 - €101m
4. Cristiano Ronaldo - to Real Madrid in 2009/10 - €94m
5. Gonzalo Higuain - to Juventus in 2016/17 - €90m
6. Neymar - to Barcelona in 2013/14 - €88.2m
7. Romelu Lukaku - to Manchester United in 2017/18 - €84.7m
8. Luis Suarez - to Barcelona in 2014/15 - €81.72m
9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m
Winners
Ballon d’Or (Men’s)
Ousmane Dembélé (Paris Saint-Germain / France)
Ballon d’Or Féminin (Women’s)
Aitana Bonmatí (Barcelona / Spain)
Kopa Trophy (Best player under 21 – Men’s)
Lamine Yamal (Barcelona / Spain)
Best Young Women’s Player
Vicky López (Barcelona / Spain)
Yashin Trophy (Best Goalkeeper – Men’s)
Gianluigi Donnarumma (Paris Saint-Germain and Manchester City / Italy)
Best Women’s Goalkeeper
Hannah Hampton (England / Aston Villa and Chelsea)
Men’s Coach of the Year
Luis Enrique (Paris Saint-Germain)
Women’s Coach of the Year
Sarina Wiegman (England)
Score
Third Test, Day 2
New Zealand 274
Pakistan 139-3 (61 ov)
Pakistan trail by 135 runs with 7 wickets remaining in the innings
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In the box: iPad mini, USB-C cable, 20W USB-C power adapter
Price: From Dh2,099
The Melbourne Mercer Global Pension Index
The Melbourne Mercer Global Pension Index
Mazen Abukhater, principal and actuary at global consultancy Mercer, Middle East, says the company’s Melbourne Mercer Global Pension Index - which benchmarks 34 pension schemes across the globe to assess their adequacy, sustainability and integrity - included Saudi Arabia for the first time this year to offer a glimpse into the region.
The index highlighted fundamental issues for all 34 countries, such as a rapid ageing population and a low growth / low interest environment putting pressure on expected returns. It also highlighted the increasing popularity around the world of defined contribution schemes.
“Average life expectancy has been increasing by about three years every 10 years. Someone born in 1947 is expected to live until 85 whereas someone born in 2007 is expected to live to 103,” Mr Abukhater told the Mena Pensions Conference.
“Are our systems equipped to handle these kind of life expectancies in the future? If so many people retire at 60, they are going to be in retirement for 43 years – so we need to adapt our retirement age to our changing life expectancy.”
Saudi Arabia came in the middle of Mercer’s ranking with a score of 58.9. The report said the country's index could be raised by improving the minimum level of support for the poorest aged individuals and increasing the labour force participation rate at older ages as life expectancies rise.
Mr Abukhater said the challenges of an ageing population, increased life expectancy and some individuals relying solely on their government for financial support in their retirement years will put the system under strain.
“To relieve that pressure, governments need to consider whether it is time to switch to a defined contribution scheme so that individuals can supplement their own future with the help of government support,” he said.
EA Sports FC 26
Publisher: EA Sports
Consoles: PC, PlayStation 4/5, Xbox Series X/S
Rating: 3/5
The biog
Age: 46
Number of Children: Four
Hobby: Reading history books
Loves: Sports
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%20trailblazers
%3Cp%3ESixteen%20boys%20and%2015%20girls%20have%20gone%20on%20from%20Go-Pro%20Academy%20in%20Dubai%20to%20either%20professional%20contracts%20abroad%20or%20scholarships%20in%20the%20United%20States.%20Here%20are%20two%20of%20the%20most%20prominent.%0D%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EGeorgia%20Gibson%20(Newcastle%20United)%3C%2Fstrong%3E%0D%3Cbr%3EThe%20reason%20the%20academy%20in%20Dubai%20first%20set%20up%20a%20girls%E2%80%99%20programme%20was%20to%20help%20Gibson%20reach%20her%20potential.%20Now%20she%20plays%20professionally%20for%20Newcastle%20United%20in%20the%20UK.%0D%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMackenzie%20Hunt%20(Everton)%3C%2Fstrong%3E%0D%3Cbr%3EAttended%20DESS%20in%20Dubai%2C%20before%20heading%20to%20the%20UK%20to%20join%20Everton%20full%20time%20as%20a%20teenager.%20He%20was%20on%20the%20bench%20for%20the%20first%20team%20as%20recently%20as%20their%20fixture%20against%20Brighton%20on%20February%2024.%0D%3C%2Fp%3E%0A
If you go
The flights
Emirates flies from Dubai to Seattle from Dh5,555 return, including taxes. Portland is a 260 km drive from Seattle and Emirates offers codeshare flights to Portland with its partner Alaska Airlines.
The car
Hertz (www.hertz.ae) offers compact car rental from about $300 per week, including taxes. Emirates Skywards members can earn points on their car hire through Hertz.
Parks and accommodation
For information on Crater Lake National Park, visit www.nps.gov/crla/index.htm . Because of the altitude, large parts of the park are closed in winter due to snow. While the park’s summer season is May 22-October 31, typically, the full loop of the Rim Drive is only possible from late July until the end of October. Entry costs $25 per car for a day. For accommodation, see www.travelcraterlake.com. For information on Umpqua Hot Springs, see www.fs.usda.gov and https://soakoregon.com/umpqua-hot-springs/. For Bend, see https://www.visitbend.com/.
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Other acts on the Jazz Garden bill
Sharrie Williams
The American singer is hugely respected in blues circles due to her passionate vocals and songwriting. Born and raised in Michigan, Williams began recording and touring as a teenage gospel singer. Her career took off with the blues band The Wiseguys. Such was the acclaim of their live shows that they toured throughout Europe and in Africa. As a solo artist, Williams has also collaborated with the likes of the late Dizzy Gillespie, Van Morrison and Mavis Staples.
Lin Rountree
An accomplished smooth jazz artist who blends his chilled approach with R‘n’B. Trained at the Duke Ellington School of the Arts in Washington, DC, Rountree formed his own band in 2004. He has also recorded with the likes of Kem, Dwele and Conya Doss. He comes to Dubai on the back of his new single Pass The Groove, from his forthcoming 2018 album Stronger Still, which may follow his five previous solo albums in cracking the top 10 of the US jazz charts.
Anita Williams
Dubai-based singer Anita Williams will open the night with a set of covers and swing, jazz and blues standards that made her an in-demand singer across the emirate. The Irish singer has been performing in Dubai since 2008 at venues such as MusicHall and Voda Bar. Her Jazz Garden appearance is career highlight as she will use the event to perform the original song Big Blue Eyes, the single from her debut solo album, due for release soon.
MOUNTAINHEAD REVIEW
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Director: Jesse Armstrong
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David Haye record
Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4