Yemeni poet Abdul Aziz Al Zaraei is crowned as the new Prince of Poets.
Yemeni poet Abdul Aziz Al Zaraei is crowned as the new Prince of Poets.

'Prince of Poets' title goes to Yemeni scholar



ABU DHABI // Shock, sobs and cheers erupted among emotional Egyptian fans when Hisham al Jakh, the poet who caused a stir by criticising Arab leaders amid revolution in his home country, did not win the title on the final episode of Prince of Poets on Wednesday night.

Instead, Abdul Aziz al Zoraei, from Yemen, was crowned the victor by Sheikh Nahyan bin Zayed, head of the Zayed Giving Charity Foundation, during the finale of the television show’s fourth season on Wednesday night. Al Jakh finished second.

“I have not awakened from the shock of not winning the title yet,” al Jakh said yesterday. “I planned [all the steps to be taken after the show] based on winning the competition. Now these plans are gone, so I need to sit with my cast and agent and plan what’s coming next.”

Al Zoraei won Dh1 million in cash, in addition to the “Princely Gown” and the “Princely Ring”.

His poem, illustrating a dialogue between a plant and the sand as a reflection on equality, moderation and understanding, won the jury’s top score.

Dr Salah Fadel, a jury member, described the poet’s references to nature as a great poetic moment, with which he was able to “arouse pain” while “building the verses and playing tones”.

He specifically pointed to a verse that said: “Our beach is still dreaming of a human, as if the wishes floating above it are swans.”

Dr Ali bin Tamim, another member of the jury, said the poem dealt with the notion of forgiveness in a beautiful way.

“I spent three days writing the piece and thinking about it,” al Zoraei said yesterday. “I feel it is the best I presented throughout the competition, because it was the closest topic to my poetry experience.”

The 26-year-old dean of Arabic language at the University of Sanaa said he expected to win, as the jury had been impressed and given him positive feedback after the last two rounds.

He said he started his journey as a poet in high school, after his mother died. “I just felt that I needed to write a poem … and that was the beginning.”

Al Zoraei plans to “start my life” with the prize. “I’ll get married and start a family. I will also find ways to help my village. And I’m planning to do a charity project with the money, I haven’t decided what exactly, but I know I want to do that,” he added.

Al Jakh continued to speak in revolutionary tones in his poem, The Last Message.

“Discuss and argue and listen to the voice of the masses, only the groups of the deaf cannot hear,” one verse said.

“There were a number of speakers in your poem, I saw the river of love flowing in Egypt, and it was illustrated in the dialogue that replaced the heavy silence,” Dr Fadel said.

“You have portrayed the revolution of your people in a beautiful way. The flower of poetry continues to grow between your fingers, so water it with the water of a heart.”

Mountazar al Moussawi, from Oman, won third place, while Najah al Arsan, from Iraq, was fourth and Jordan’s Mohammed Turki Hijazi came in fifth.

The Poetry Academy – part of the Abu Dhabi Authority for Culture and Heritage, which organises Prince of Poets – publishes audio-visual poetry albums of the five winners.

The second-place winner earned Dh500,000 and a silver medal; third place gets Dh300,000 prize and a bronze medal; fourth place Dh200,000 and a bronze medal; and fifth place Dh100,000 and a bronze medal.

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VEZEETA PROFILE

Date started: 2012

Founder: Amir Barsoum

Based: Dubai, UAE

Sector: HealthTech / MedTech

Size: 300 employees

Funding: $22.6 million (as of September 2018)

Investors: Technology Development Fund, Silicon Badia, Beco Capital, Vostok New Ventures, Endeavour Catalyst, Crescent Enterprises’ CE-Ventures, Saudi Technology Ventures and IFC

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"The Nickel Boys" by Colson Whitehead (Doubleday)

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"The Central Park Five" by Anthony Davis, premiered by Long Beach Opera on June 15, 2019

Special Citation
Ida B. Wells

 

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2013 Blue is the Warmest Colour (La Vie d'Adèle: Chapitres 1 et 2), Abdellatif Kechiche, Adele Exarchopoulos and Lea Seydoux

2012 Amour, Michael Haneke

2011 The Tree of LifeTerrence Malick

2010 Uncle Boonmee Who Can Recall His Past Lives (Lung Bunmi Raluek Chat), Apichatpong Weerasethakul

2009 The White Ribbon (Eine deutsche Kindergeschichte), Michael Haneke

2008 The Class (Entre les murs), Laurent Cantet

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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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Know your cyber adversaries

Cryptojacking: Compromises a device or network to mine cryptocurrencies without an organisation's knowledge.

Distributed denial-of-service: Floods systems, servers or networks with information, effectively blocking them.

Man-in-the-middle attack: Intercepts two-way communication to obtain information, spy on participants or alter the outcome.

Malware: Installs itself in a network when a user clicks on a compromised link or email attachment.

Phishing: Aims to secure personal information, such as passwords and credit card numbers.

Ransomware: Encrypts user data, denying access and demands a payment to decrypt it.

Spyware: Collects information without the user's knowledge, which is then passed on to bad actors.

Trojans: Create a backdoor into systems, which becomes a point of entry for an attack.

Viruses: Infect applications in a system and replicate themselves as they go, just like their biological counterparts.

Worms: Send copies of themselves to other users or contacts. They don't attack the system, but they overload it.

Zero-day exploit: Exploits a vulnerability in software before a fix is found.