I don't say I won't - but I haven't said I do


  • English
  • Arabic

"Too many weddings," grumbled my father. It wasn't the fact that the wedding season was upon us that irked him but rather, that I was always the wedding guest and never the bride. I adore going to friends' weddings - there is something really wonderful about seeing your closest pals at their happiest - but have never felt any pressing need to take the plunge myself. Telling my father I am off to buy another big hat, frock, or some floral tat to stick in my hair for the occasion, is always a precarious balance though.

On the one hand, I am sure he hopes (and I don't discourage him from doing so, for the sake of peace) that if all my friends are happily married, I will feel some immense peer pressure to join the clan. On the other, it is just another reminder that this (to his mind) over-the-hill youngest daughter, gaily gadding about her single life without a care in the world, has yet to settle down. So how to respond to the complaint about too many weddings - stop going to them altogether? Order my friends to stop getting married immediately as I have reached my full quota of weddings? Do you see my dilemma?

It's even more nerve-racking telling my father they are in the family way. I over-compensate by playing indulgently with my pals' babies in front of him, professing loudly how cute I find them so he doesn't think I am entirely averse to the idea of having any myself. "All babies are sweet," he responds sternly. "Not the ones that look like Shrek," I think to myself but decide not to say aloud. But I have to confess to being moved recently at the wedding of a dear and longstanding friend, for which I flew back home to Britain earlier this month.

A small town on the English Riviera in south Devon was transformed over the course of a weekend by an invasion of Irish and Indians in equal number. Locals gawped as a trail of chic Indian women in flamboyantly coloured saris and elegant chignons strolled through the streets. Some might have wondered why the couple decided to have both a Roman Catholic and a Hindu ceremony. Let's be honest here, neither faith feels compelled to wrap things up quickly and both ceremonies easily hit the two-hour mark.

For some of the Indians, it was their first time in a Roman Catholic church. The hymns, the choral singing and the Communion might not have been part of their language. But when the priest read a beautiful and oft-repeated passage from Corinthians, it was clear some messages are universal, irrespective of colour or creed. "Love is patient, love is kind," he said. "It does not envy, it does not boast, it is not proud. It is not rude, it is not self-seeking, it is not easily angered, it keeps no record of wrongs. Love does not delight in evil but rejoices with the truth. It always protects, always trusts, always hopes, always perseveres."

It was the turn of the Irish the next day to enter an unfamiliar world. The same twee English country hotel which had hosted the wedding reception was given a facelift with an elaborate mandap (apparently there is a company which transports them around Britain, complete with carved elephants and dramatic drapes) while shimmering gold curtains were festooned everywhere. A fire was lit in the middle, filling the chintzy ballroom with musky smoke, and incense replaced the smell of roses.

The bride had swapped her white gown of the previous day for a lavish red sari. But she somehow made sense of it all when she stood to say: "Our marriage does not exist in a vacuum. Our faiths are an important part of our lives and will be in our children's lives and we wanted you all to be a part of that." I might have blamed the incense for my watering eyes but I cannot deny the lump in my throat at the time. From what might have seemed two immiscible strands of religion and culture, the couple had found a happy medium and involved everyone in the process. If marriage is a compromise, they seemed to have struck the perfect note.

Don't get me wrong, I'm not saying I'm eager to follow them down the aisle. I'm simply not saying never. Just don't tell my father. tyaqoob@thenational.ae

Dubai Bling season three

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

TV: World Cup Qualifier 2018 matches will be aired on on OSN Sports HD Cricket channel

David Haye record

Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4

COMPANY PROFILE
Name: Airev
Started: September 2023
Founder: Muhammad Khalid
Based: Abu Dhabi
Sector: Generative AI
Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
Current number of staff: 47
 
Company%C2%A0profile
%3Cp%3E%3Cstrong%3EDate%20started%3A%20%3C%2Fstrong%3EMay%202022%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3EHusam%20Aboul%20Hosn%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDIFC%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%20%E2%80%94%20Innovation%20Hub%3Cbr%3E%3Cstrong%3EEmployees%3A%20%3C%2Fstrong%3Eeight%3Cbr%3E%3Cstrong%3EStage%3A%20%3C%2Fstrong%3Epre-seed%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3Epre-seed%20funding%20raised%20from%20family%20and%20friends%20earlier%20this%20year%3C%2Fp%3E%0A

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 burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

MATCH RESULT

Al Jazira 3 Persepolis 2
Jazira:
Mabkhout (52'), Romarinho (77'), Al Hammadi (90' 6)
Persepolis: Alipour (42'), Mensha (84')

HIJRA

Starring: Lamar Faden, Khairiah Nathmy, Nawaf Al-Dhufairy

Director: Shahad Ameen

Rating: 3/5

EA Sports FC 24

Company profile

Name: Fruitful Day

Founders: Marie-Christine Luijckx, Lyla Dalal AlRawi, Lindsey Fournie

Based: Dubai, UAE

Founded: 2015

Number of employees: 30

Sector: F&B

Funding so far: Dh3 million

Future funding plans: None at present

Future markets: Saudi Arabia, potentially Kuwait and other GCC countries