Mohit and Lavina Harjani were killed at the Oberoi hotel.
Mohit and Lavina Harjani were killed at the Oberoi hotel.

Hurt of young couple's death lingers for friends



DUBAI // A year ago today, Mohit and Lavina Harjani were on their annual trip to India and having dinner at the Oberoi Trident hotel in Mumbai when armed men stormed the building, firing indiscriminately. The Indian couple, residents of Karama, Dubai, were among the dozens of people who died. Yesterday, as friends remembered them, their family were still trying to come to terms with their loss.

"Mohit and Lavina were simply a great couple. They knew how to live and inspired many around them," said Pavan Sikka, who described himself as Mr Harjani's closest friend. Mr Harjani, 38, had lived in Dubai for several years and established himself in the property business as a partner in Dreams R Us Real Estate. "He was a big influence on everyone and his loss was a big shock," said the Dubai-based Mr Sikka.

Within weeks of the attack, the couple's children and extended family returned to Mumbai. Their children Armaan, 10, and Dev, five, now live with grandparents. Mr Sikka said he was in constant contact with the family in Mumbai, and Mr Harjani's parents remained shaken by the murders. "His father is still very emotional as Mohit was their only son. They are coping with the loss and are now trying to bring up the children."

Colleagues and friends said Mr Harjani enjoyed life and was devoted to his 37-year-old wife and their children. "It was really 'live life king-size' when it came to him," said Hitesh Lalchandani, a colleague and former classmate. "It's a loss that can never be filled. He had a big heart and he always wanted others to be part of his life. "Mohit was crazy about his wife. They were madly in love. "The family was so happy in Dubai. It is just tragic how this was destroyed."

Nearly 200 people were killed and hundreds more injured in the Mumbai attacks. Hiro Harjani, Mohit's uncle who runs a garment company in the UK, was very vocal about the terrorist attacks: "Nothing can get Mohit and Lavina back. Their kids have to live without parents. It's an extremely tragic situation." He added: "I don't care how great the India story is, the Indian government is absolutely to be blamed for such lack of security and the corruption within their politicians."

He had planned to move to India after the tragedy but now says he will never do so. "I have lost faith in my country of birth." pmenon@thenational.ae

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How to wear a kandura

Dos

  • Wear the right fabric for the right season and occasion 
  • Always ask for the dress code if you don’t know
  • Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work 
  • Wear 100 per cent cotton under the kandura as most fabrics are polyester

Don’ts 

  • Wear hamdania for work, always wear a ghutra and agal 
  • Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
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Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed 

Rating: 1/5

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Some of Darwish's last words

"They see their tomorrows slipping out of their reach. And though it seems to them that everything outside this reality is heaven, yet they do not want to go to that heaven. They stay, because they are afflicted with hope." - Mahmoud Darwish, to attendees of the Palestine Festival of Literature, 2008

His life in brief: Born in a village near Galilee, he lived in exile for most of his life and started writing poetry after high school. He was arrested several times by Israel for what were deemed to be inciteful poems. Most of his work focused on the love and yearning for his homeland, and he was regarded the Palestinian poet of resistance. Over the course of his life, he published more than 30 poetry collections and books of prose, with his work translated into more than 20 languages. Many of his poems were set to music by Arab composers, most significantly Marcel Khalife. Darwish died on August 9, 2008 after undergoing heart surgery in the United States. He was later buried in Ramallah where a shrine was erected in his honour.

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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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Install an air filter in your home.

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Shower or bath after being outside.

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Stay indoors when conditions are particularly poor.

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UAE currency: the story behind the money in your pockets

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How to apply for a drone permit
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  • Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
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What are the regulations?
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Allison (Liverpool)

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