The gates open to allow the 20 nervous Arabian oryx from the Emirates to claim their place in Wadi Rum. Their release took place on Wednesday.
The gates open to allow the 20 nervous Arabian oryx from the Emirates to claim their place in Wadi Rum. Their release took place on Wednesday.

The Arabian oryx returns to Jordan



WADI RUM, JORDAN // The oryx are at first a little shy about leaving their fenced-in area in the middle of Wadi Rum. Their apprehension is perhaps understandable - the breed has been extinct in this landscape for more than 80 years.

All 20 of these Arabian oryx were flown in from Abu Dhabi three months ago as part of a 2007 conservation agreement between the Environment Agency Abu Dhabi (EAD) and the Al Aqaba Special Economic Zone Authority. And this is the moment of their release into the wild. Though the oryx has not been seen in Jordan since the 1930s, the UAE has one of the world's largest populations, with more than 4,000 currently accounted for.

The US$1.1 million (Dh4m) project which is reintroducing it to this desert in the south of Jordan, also encompasses habitat rehabilitation and educational programmes for the local people. "This is a success story," said Mohammed Al Bawardi, the managing director of the EAD and secretary general of the Abu Dhabi executive council. The plan to reinvigorate a dwindling Arabian oryx population was born, he said, in the 1970s under Sheikh Zayed, the Founding President of the UAE, who kept two breeding pairs in captivity.

The animals now being distributed in the UAE, in Jordan and in other Middle Eastern countries are descended from those four. "The best outcome would be for the release of this base population to add the value of an animal lost over the years back to the area," he said. "The oryx is important in Arab culture; it stands for beauty. We call the eye of the oryx aion elmaha - which means beautiful eyes."

Though only 20 were released at the 720 sq km Wadi Rum Protected Area - eight males and 12 females - Khaldoun Kiwan, the head of the EAD's terrestrial wildlife department, said that should be enough for significant repopulation. "We expect between 30 and 32 animals by the end of this year. January and February is their calving season and some of them are already pregnant." The Arabian is the only breed of oryx to live outside Africa and, like all endangered species, it is vulnerable to the environmental changes caused by development.

"Hunting and habitat destruction made them extinct here originally," Mr Kiwan said. "Cars made it a lot easier for people to come out to this part of the desert and invade the oryx's habitat. Their white colour too makes them easy for hunters to spot." Mr Kiwan expressed optimism, however, that this population would flourish. Similar projects are planned for Saudi Arabia and Iraq, which have both seen their oryx population shrink dramatically.

But the project goes beyond bringing the oryx back from oblivion. Everyone involved, including the local Jordanians, sees its re-emergence as symbolic of a deeper appreciation for the region's Bedouin roots. Mohammed Sabah, 39, runs a camp in Wadi Rum called Sunset. He brought his two sons, aged 10 and 12, to witness the release of the herd. "We are here because this is an important event," he said. "These are real desert animals, they are beautiful."

Putting his hand on his younger son's shoulder, he said it would be sad for his children never to see this animal, which looms so largely in Arabic folklore. "Kids need this. It's good, mostly for them." A group of children from another Wadi Rum camp are also here to see the animals up close. "We brought them because part of what we do at the camp is try to raise awareness of the Bedouin community at Wadi Rum," said Thelma Redwan, a training co-ordinator at the camp. "Something like this also encourages environmentalism, which, if you get it when you're young, you never forget."

Lojain Hanaity, 15, is among those youths. She enrolled in the camp to keep her busy outside the academic year, but has gained much more than just something to do during the summer days. "I want to go into the environmental field when I grow up," she said. "Now, I understand the environment in a way I didn't before. "All these plants and animals mean something to us. We need them. "I want to make a change, do something different when I grow up. Seeing this gives me the confidence."

Other youngsters around her nod in agreement. "God put these here for a reason," says Amani al Sobhi, aged 12. This small population released yesterday travelled from Abu Dhabi in wooden boxes, and after receiving medical check-ups were brought here to the middle of the desert, an area of red sand between granite and sandstone mountains. Their initial hesitation about leaving their square enclosure subsided quickly, as they were herded out by one of the employees at the Wadi Rum Protected Area. They poked their heads out of the newly opened gate, and paused for a brief moment before running away in groups towards the mountain. In a moment, they had disappeared over the horizon. jhume@thenational.ae

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Price: base / as tested: Dh382,000

Engine: 5.6-litre V8

Gearbox: Seven-speed automatic

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A State of Passion

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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.”

Friday’s fixture

6.15pm: Al Wahda v Hatta

6.15pm: Al Dhafra v Ajman

9pm: Al Wasl v Baniyas

9pm: Fujairah v Sharjah

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The Bio

Ram Buxani earned a salary of 125 rupees per month in 1959

Indian currency was then legal tender in the Trucial States.

He received the wages plus food, accommodation, a haircut and cinema ticket twice a month and actuals for shaving and laundry expenses

Buxani followed in his father’s footsteps when he applied for a job overseas

His father Jivat Ram worked in general merchandize store in Gibraltar and the Canary Islands in the early 1930s

Buxani grew the UAE business over several sectors from retail to financial services but is attached to the original textile business

He talks in detail about natural fibres, the texture of cloth, mirrorwork and embroidery 

Buxani lives by a simple philosophy – do good to all

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