DUBAI // For some of its almost 400 employees, the Metropolitan Hotel has provided an entire livelihood, given their families a home and put their children through school.
Those employees will be leaving soon after the final few dozen guests check out of the 34-year-old hotel this morning.
The Pakistani Muhammad Khurshid, 59, is one of its longest serving employees, having joined a few months before it opened.
Mr Khurshid said one of the hardest things today will be saying goodbye to old colleagues. Eighty per cent of them will be split among three other hotels in Dubai that are also owned by Al Habtoor Group. "We may not see them again, this is the saddest part," he said.
When Mr Khurshid began working at the hotel, and moved into the workers' accommodation a short distance away where his four children grew up, its nearest neighbour was the Dubai Defence Forces base, where Dubai Mall now stands.
Work on the World Trade Centre had not been completed.
Few competitors to the Metropolitan existed: a handful of western chains near the Creek and the Chicago Beach Hotel, which has been replaced by the Jumeirah Beach Hotel and Burj Al Arab. Mr Khurshid started as a waiter in the hotel coffee shop, in his first year serving sweets to Sheikh Rashid bin Saeed, then Ruler of Dubai.
He rotated through the hotel restaurants for 10 years until being promoted to head waiter at a seafood restaurant that no longer exists.
After being given training by the hotel he switched to the accounts department. For 20 years he zipped around on a motorbike collecting payments from contractors.
Sheikh Zayed Road had only a few lanes at the time, Mr Khurshid recalled, and parking was never a problem.
A year ago he became senior credit supervisor for the Metropolitan and three other Al Habtoor hotels in Dubai. His salary since 1978 has risen ten-fold to Dh9,000 a month.
"We all got opportunities to come up, you know?" Mr Khurshid said. "They did cross-trainings and the management, they supported us."
Mr Khurshid, like many employees, will transfer to the Habtoor Grand Beach Resort and Spa in Jumeirah.
Most of those who will not be staying with the company have had on-site interviews with other firms or may return to their home country.
Others are taking a wait-and-see approach. The doorman, Shafique Nazir, 38, from Pakistan, said he had not heard what he should do after today.
Mr Nazir greeted hotel guests for more than a decade, wearing the hotel's signature black top hat with gold trim.
A new hat was ordered for him every five years from London for Dh1,500 - fitted to his measurements.
Crasto Arthur, 55, who put in 31 years at the hotel, will go home to India for two months and decide whether to relocate to the Habtoor Grand.
Mr Arthur wants to see a doctor about some back pain and maybe stay to rest at home. But he also wants the salary to put his children through school.
He hopes his son might also work for the company some day.
Mr Arthur started as a housekeeper and rose to become the assistant head of the concierge section of eight people.
He started at 4pm six days a week and sometimes stayed until 3am, fielding complaints from guests.
Losing the Metropolitan will be like losing his home, Mr Arthur said.
"We are very sad."
chuang@thenational.ae
The Limehouse Golem
Director: Juan Carlos Medina
Cast: Olivia Cooke, Bill Nighy, Douglas Booth
Three stars
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Know your Camel lingo
The bairaq is a competition for the best herd of 50 camels, named for the banner its winner takes home
Namoos - a word of congratulations reserved for falconry competitions, camel races and camel pageants. It best translates as 'the pride of victory' - and for competitors, it is priceless
Asayel camels - sleek, short-haired hound-like racers
Majahim - chocolate-brown camels that can grow to weigh two tonnes. They were only valued for milk until camel pageantry took off in the 1990s
Millions Street - the thoroughfare where camels are led and where white 4x4s throng throughout the festival
RESULTS
Welterweight
Tohir Zhuraev (TJK) beat Mostafa Radi (PAL)
(Unanimous points decision)
Catchweight 75kg
Anas Siraj Mounir (MAR) beat Leandro Martins (BRA)
(Second round knockout)
Flyweight (female)
Manon Fiorot (FRA) beat Corinne Laframboise (CAN)
(RSC in third round)
Featherweight
Bogdan Kirilenko (UZB) beat Ahmed Al Darmaki
(Disqualification)
Lightweight
Izzedine Al Derabani (JOR) beat Rey Nacionales (PHI)
(Unanimous points)
Featherweight
Yousef Al Housani (UAE) beat Mohamed Fargan (IND)
(TKO first round)
Catchweight 69kg
Jung Han-gook (KOR) beat Max Lima (BRA)
(First round submission by foot-lock)
Catchweight 71kg
Usman Nurmogamedov (RUS) beat Jerry Kvarnstrom (FIN)
(TKO round 1).
Featherweight title (5 rounds)
Lee Do-gyeom (KOR) v Alexandru Chitoran (ROU)
(TKO round 1).
Lightweight title (5 rounds)
Bruno Machado (BRA) beat Mike Santiago (USA)
(RSC round 2).
Trump v Khan
2016: Feud begins after Khan criticised Trump’s proposed Muslim travel ban to US
2017: Trump criticises Khan’s ‘no reason to be alarmed’ response to London Bridge terror attacks
2019: Trump calls Khan a “stone cold loser” before first state visit
2019: Trump tweets about “Khan’s Londonistan”, calling him “a national disgrace”
2022: Khan’s office attributes rise in Islamophobic abuse against the major to hostility stoked during Trump’s presidency
July 2025 During a golfing trip to Scotland, Trump calls Khan “a nasty person”
Sept 2025 Trump blames Khan for London’s “stabbings and the dirt and the filth”.
Dec 2025 Trump suggests migrants got Khan elected, calls him a “horrible, vicious, disgusting mayor”
Volvo ES90 Specs
Engine: Electric single motor (96kW), twin motor (106kW) and twin motor performance (106kW)
Power: 333hp, 449hp, 680hp
Torque: 480Nm, 670Nm, 870Nm
On sale: Later in 2025 or early 2026, depending on region
Price: Exact regional pricing TBA
The Sand Castle
Director: Matty Brown
Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea
Rating: 2.5/5
UAE currency: the story behind the money in your pockets
Company%20Profile
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'Gold'
Director:Anthony Hayes
Stars:Zaf Efron, Anthony Hayes
Rating:3/5
Book%20Details
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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.”
Classification of skills
A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation.
A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.
The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000.