DUBAI // When she was 7, Mariam Behnam’s grandmother took her to see a doctor because she wasn’t like all the other girls. She was always asking questions, and going out to climb trees and play marbles. The doctor told her grandmother there was nothing wrong with the child, but something wrong with everyone else.
Mariam Behnam has spent all her 93 years fighting to empower women. A second child, she was born in Iran into a family of Emirati pearl merchants.
Her family were expecting a boy. “A girl again, they said. I think that affected me as I grew up. Being the second child, and worse, a female, I wasn’t considered important.”
Her mother died when Mariam was only 10. Her grandmother raised her and her siblings. “I didn’t have a good relationship with my grandmother, we were always at odds. I disliked my older sister, she always obeyed and was scared of everything. I would always play tricks on her and scare her.
“I should have been born 50 years later,” she says, beaming a childlike mischievous grin. “I wanted to learn classical dance. So I would tell my grandmother I was going for Islamic studies, but I went to learn dancing.”
Mariam was the first woman to earn the post of cultural consul from the Iranian government in the 1960s, and cultural attaché to the Iran Cultural Centre in Lahore, Pakistan. She has published poetry in Farsi, Urdu and English, and is now senior adviser to the Dubai International Women’s Club.
At her home in Dubai all her possessions have a story, and none are there simply for looking good. The sitting room displays art and antiques from Persia, India, Pakistan and Arabia, all of her cultural influences; the room is a walk-in memoir.
“I realised what I wanted in life. I dreamt about it, I planned for it, and I spent all my effort to achieve it,” she says, suddenly full of energy. “The one thing I hate is wasting time.
“There needs to be a revolution in women’s thoughts.”
There is fire in her eyes, and passion in her voice. “Women are still not doing enough, they can do much more; they have to do much more. Don’t expect to have everything brought to you.
“What women say is law at home. How can you expect to ignore them? Besides, what do men do when they sit together? They talk about women.”
Education has always been Mariam’s favourite tool. Growing up she read any book she could find.
“I see these days that in some parts of the world history is starting to repeat itself. When I was young, there were no colleges for women; girls only studied to the sixth grade, but the boys went to university. Tell me, when they come back and marry, do the minds meet?
“Educate a man and you educate one person, but educate a woman and you educate a generation.
“She is looking after and raising the new generation. They will learn from her, carry on her knowledge and experiences.”
When Mariam was a child most girls were home taught, but she watched the boys going off to school and thought: “Why do only they get to be doctors and engineers and scientists? I fought to get into public school.”
She went on to obtain her master’s in English literature from Punjab University.
“Women are their own boss, they are in control today. Born bosses, even if they don’t go out to practise anything, they rule their four walls. But she has to believe in herself first.
“We have better mothers these days. They are more understanding, more giving, more vulnerable.
“I have a very good relationship with my granddaughters. I felt so proud when one of them introduced me to her friends, she thought I was worthy of that, to bring me into that circle.”
Mariam made Dubai her home 33 years ago. She loves to go to Bastakiya and trace her roots.
“I’ve been passing through Dubai for 80 years to get to other parts of the world. Life here for me has been very rewarding. I would never exchange this country for any other part of the world. They call this place Ardh Al Barakah, the blessed land.
“So many life changes in one life is not possible; I must’ve gone and come back,” she jokes.
But Mariam doesn’t feel as if she is done yet. She is working on her fifth book. “This one is also fiction, but as you know all fiction has its roots in fact.”
She is also trying to have her book Heirlooms, a collection of eastern folk tales, republished.
“I also wanted to write something about Dubai. If I am given the time, I would really like to do that. I’ve seen this place go through a metamorphosis from this small merchant city to a metropolis. I thank god that people have not lost their culture to be something else.”
Mariam says many people sell themselves short, and don’t release what they are capable of. “You have to be aware of your value. Always remember that you are important.”
India squad
Virat Kohli (captain), Rohit Sharma, Mayank Agarwal, K.L. Rahul, Shreyas Iyer, Manish Pandey, Rishabh Pant, Shivam Dube, Kedar Jadhav, Ravindra Jadeja, Yuzvendra Chahal, Kuldeep Yadav, Deepak Chahar, Mohammed Shami, Shardul Thakur.
Name: Brendalle Belaza
From: Crossing Rubber, Philippines
Arrived in the UAE: 2007
Favourite place in Abu Dhabi: NYUAD campus
Favourite photography style: Street photography
Favourite book: Harry Potter
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LA LIGA FIXTURES
Thursday (All UAE kick-off times)
Sevilla v Real Betis (midnight)
Friday
Granada v Real Betis (9.30pm)
Valencia v Levante (midnight)
Saturday
Espanyol v Alaves (4pm)
Celta Vigo v Villarreal (7pm)
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Sunday
Atletic Bilbao v Atletico Madrid (4pm)
Real Madrid v Eibar (9.30pm)
Real Sociedad v Osasuna (midnight)
UAE currency: the story behind the money in your pockets
In numbers
- Number of children under five will fall from 681 million in 2017 to 401m in 2100
- Over-80s will rise from 141m in 2017 to 866m in 2100
- Nigeria will become the world’s second most populous country with 791m by 2100, behind India
- China will fall dramatically from a peak of 2.4 billion in 2024 to 732 million by 2100
- an average of 2.1 children per woman is required to sustain population growth
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Rugby World Cup (all times UAE)
Third-place play-off: New Zealand v Wales, Friday, 1pm
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In-demand jobs and monthly salaries
- Technology expert in robotics and automation: Dh20,000 to Dh40,000
- Energy engineer: Dh25,000 to Dh30,000
- Production engineer: Dh30,000 to Dh40,000
- Data-driven supply chain management professional: Dh30,000 to Dh50,000
- HR leader: Dh40,000 to Dh60,000
- Engineering leader: Dh30,000 to Dh55,000
- Project manager: Dh55,000 to Dh65,000
- Senior reservoir engineer: Dh40,000 to Dh55,000
- Senior drilling engineer: Dh38,000 to Dh46,000
- Senior process engineer: Dh28,000 to Dh38,000
- Senior maintenance engineer: Dh22,000 to Dh34,000
- Field engineer: Dh6,500 to Dh7,500
- Field supervisor: Dh9,000 to Dh12,000
- Field operator: Dh5,000 to Dh7,000
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The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
Company Fact Box
Company name/date started: Abwaab Technologies / September 2019
Founders: Hamdi Tabbaa, co-founder and CEO. Hussein Alsarabi, co-founder and CTO
Based: Amman, Jordan
Sector: Education Technology
Size (employees/revenue): Total team size: 65. Full-time employees: 25. Revenue undisclosed
Stage: early-stage startup
Investors: Adam Tech Ventures, Endure Capital, Equitrust, the World Bank-backed Innovative Startups SMEs Fund, a London investment fund, a number of former and current executives from Uber and Netflix, among others.
UAE currency: the story behind the money in your pockets
Paatal Lok season two
Directors: Avinash Arun, Prosit Roy
Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong
Rating: 4.5/5
The biog
Name: Fareed Lafta
Age: 40
From: Baghdad, Iraq
Mission: Promote world peace
Favourite poet: Al Mutanabbi
Role models: His parents
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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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