Muslims leave after morning prayers on the first day of the Holy month of Ramadan at the Al Haj Abdul Khaleq Abdulla Al Khoury Mosque in the Madinat Zayed, Abu Dhabi
Muslims leave after morning prayers on the first day of the Holy month of Ramadan at the Al Haj Abdul Khaleq Abdulla Al Khoury Mosque in the Madinat Zayed, Abu Dhabi
Muslims leave after morning prayers on the first day of the Holy month of Ramadan at the Al Haj Abdul Khaleq Abdulla Al Khoury Mosque in the Madinat Zayed, Abu Dhabi
Muslims leave after morning prayers on the first day of the Holy month of Ramadan at the Al Haj Abdul Khaleq Abdulla Al Khoury Mosque in the Madinat Zayed, Abu Dhabi

Thousands in UAE begin month of reflection with an early prayer


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  • Arabic

DUBAI // The call to prayer broke the silence before dawn today, ushering in the start of the hottest Ramadan in 33 years.

Some stayed awake throughout the night while others slept for a few hours before waking up for suhoor.

Worshippers gathered outside the mosque in the Madinat Zayed area of Abu Dhabi, including Ibrahim Khaleel, 28, an Emirati.

“I started fasting when I was only 10 and since I have never missed a single day during the month,” Ibrahim said. “I know weather conditions are challenging this year but pray to God to give us strength to fast for the whole month.”

Ramadan is divided into three parts. The first 10 days of the holy month are for seeking God’s mercy and sharing mercy with others. The next days are for forgiveness, and the third for salvation.

An excited Othman Hassan had just completed ablutions at a Dubai mosque for the morning prayers.

“This is my first Ramadan away from my family,” said Othman, 26, a baker from Alexandria who has been in the UAE for three months.

“They warned me about the heat, but I didn’t think it was this bad. I made sure to drink a lot of water with my suhoor.”

His work at the bakery will keep him busy from 5pm to 5am every day during the holy month.

“We get two hours off for prayers and iftar, but other than that it is just concentrating on the work,” Othman said. “I will just be thinking of my family back home, especially my eight-month-old son. That will help me get through anything.

“I’m happy that it is harder to fast here. The harder it is, the more reward you gain in God’s favour.”

On Tuesday night 7,000 people gathered for taraweeh at a mosque in Madinat Zayed.

Shahabuddin, from India, stayed awake the entire night to perform fajr on the first day of Ramadan. “I am going to observe fast for the whole month and exercise prayers five times. That’s going to continue until Eid,” he said.

“This is the month of blessing, so I want to garner the blessing of Allah as much I can.”

Habibi Abdur Rehman, from Indonesia, attended prayers with his young son.

“This is my first Ramadan here in Abu Dhabi as I arrived in April,” Habibi said. “I find the place very spiritual and many people come for prayers each time.

“I am enjoying the environment here as people here are very devoted to recitations and fasting.”

Amir Al Bizreh, 45, and his family were also excited to experience their first Ramadan in the UAE.

“Yesterday it was so hot as we did the last of our Ramadan shopping, I thought I was about to die,” the Syrian businessman said. “It will be interesting today. We’ll try to stay indoors as much as possible, I guess.”

Amir said UAE customs were different to those he was used to. “We were waiting to hear the sounds of the Emsaharati so we could know when to have suhoor.”

The Emsaharati is a young man or small group who walk around the neighbourhood banging drums and chanting, to remind people to take suhoor.

It was part of the culture in the UAE but stopped a few years ago as people moved away from the older neighbourhoods.

“We were also flipping through the local television channels looking for when they would announce the Imsak time to stop eating,” Amir said.

“This is commonly shown on local channels in Syria but all we found were movies.”

Amir’s family of five is living with his brother’s family of six in Dubai.

He recalled how children would be given coupons for going to prayers during Ramadan. "The children would collect the coupons throughout the month then exchange them for toys after Eid prayers."

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Dr Ayham Ammora, scientist and business executive

Ali Azeem, business leader

Tony Booth, professor of education

Lord Browne, former BP chief executive

Dr Mohamed El-Erian, economist

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Dr Mark Mann, scientist

Gina MIller, anti-Brexit campaigner

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1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

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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