Members of the Jesus is Lord church gather in support of the Philippine presidential candidate Eduardo Villanueva.
Members of the Jesus is Lord church gather in support of the Philippine presidential candidate Eduardo Villanueva.

UAE church has favourite in Philippine election



ABU DHABI // A religious group with more than 1,000 members in the UAE is supporting its founder and spiritual adviser from afar as he takes his second shot at the Philippine presidency. Last February, the members of the Jesus is Lord (JIL) church in the UAE raised funds for the presidential campaign of Eduardo Villanueva, who is popularly known as Brother Eddie. Unlike in 2004 when he ran alone for the Bangon Pilipinas Party, Mr Villanueva has a running mate and a senatorial line-up in this year's national elections. Absentee voting has started.

"We have been distributing flyers in malls, labour camps in Musaffah and the Catholic church here in Abu Dhabi," said Luz Macabinquil, 45, an accountant in Abu Dhabi who serves as the group's UAE area pastor. "We also serve as poll watchers at the embassy in Abu Dhabi." JIL is a fundamentalist charismatic Christian church group in the Philippines with a presence in 48 countries. Apart from its Abu Dhabi church with 270 members, JIL has congregations in Dubai, Ras al Khaimah, Sharjah, Ajman, Jebel Ali and Fujairah. The Dubai church has 250 members and Jebel Ali has 120.

Miguelito Sitchon, 31, an accountant in Abu Dhabi and a first-time voter, said the UAE chapter of the JIL believes in Brother Eddie's promise that once elected president, he would eradicate corruption within 100 days in office. "For so many years, I haven't seen any passion among our government leaders to get rid of corruption," he said. "I worked in the government for two and a half years until 2006 and have witnessed it."

Mr Villanueva, who arrived in Manila on Tuesday night from various campaign sorties in Mindanao, southern Philippines, said he was overwhelmed by the support of UAE chapter of JIL for the entire Bangon Pilipinas slate. Since the start of the overseas absentee voting last Saturday, Bangon Pilipinas is the only party with volunteer watchers every day, he said. "The support of overseas Filipino workers (OFWs) is so important to our agenda," Mr Villanueva told The National by phone from Manila. "When I'm elected president, I will establish a leadership by example with moral authority. It would be a six-year corruption-free Philippines."

He considers the UAE, the second most popular destination for Filipino migrants in the Middle East, a "unique employer for the Filipino labour force". "The UAE embraces a wide range of Filipino employment: from the so-called blue-collar job to the professional where a Filipino could even hold supervisorial and managerial positions," Mr Villanueva said. "Our compatriots are relatively free to exercise their religious beliefs within the bounds tolerable for the nation and its nationals, as well as for the other nationalities."

Mr Villanueva said he would like to provide better employment opportunities in the Philippines so they do not need to go abroad to work. "An ultimate objective of the Bangon administration is to establish an economic environment where it will no longer be necessary for Filipinos to leave their families behind, with children growing up without their parents, or brothers and sisters," he said. Meantime, he says a Bangon administration will set up an overseas Filipino worker social security system, special assistance desks in Philippine embassies, consulates and main ports of entry and exit of OFWs as well as family-support programmes and entrepreneurship training for families left behind.

He said there would also be a comprehensive reintegration programme, a "presidential office on OFW action". A Bangon government would forge treaties with host governments for better protection of Filipino migrant workers, he said. rruiz@thenational.ae

The Settlers

Director: Louis Theroux

Starring: Daniella Weiss, Ari Abramowitz

Rating: 5/5

DUBAI CARNIVAL RESULTS

6.30pm Handicap US$135,000 (Turf) 2,410m

Winner Dubai Future, Harry Bentley (jockey), Saeed bin Suroor (trainer).

7.05pm UAE 1000 Guineas Listed $250,000 (Dirt) 1,600m

Winner Dubai Love, Patrick Cosgrave, Saeed bin Suroor.

7.40pm Dubai Dash Listed $175,000 (T) 1,000m

Winner: Equilateral, James Doyle, Charles Hills.

8.15pm Al Bastakiya Trial Conditions $100,000 (D) 1.900m

Winner Laser Show, Kevin Stott, Saeed bin Suroor.

8.50pm Al Fahidi Fort Group Two $250,000 (T) 1,400m

Winner Glorious Journey, James Doyle, Charlie Appleby.

9.25pm Handicap $135,000 (D) 2,000m

Winner George Villiers, Tadhg O’Shea, Satish Seemar.

Lexus LX700h specs

Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

On sale: Now

Price: From Dh590,000

Company profile

Name: Tratok Portal

Founded: 2017

Based: UAE

Sector: Travel & tourism

Size: 36 employees

Funding: Privately funded

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What's in the deal?

Agreement aims to boost trade by £25.5bn a year in the long run, compared with a total of £42.6bn in 2024

India will slash levies on medical devices, machinery, cosmetics, soft drinks and lamb.

India will also cut automotive tariffs to 10% under a quota from over 100% currently.

Indian employees in the UK will receive three years exemption from social security payments

India expects 99% of exports to benefit from zero duty, raising opportunities for textiles, marine products, footwear and jewellery

Dust and sand storms compared

Sand storm

  • Particle size: Larger, heavier sand grains
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  • Source: Open desert areas with strong winds

Dust storm

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COMPANY%20PROFILE
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'Spies in Disguise'

Director: Nick Bruno and Troy Quane

Stars: Will Smith, Tom Holland, Karen Gillan and Roshida Jones 

Rating: 4 out of 5 stars

The specs: 2018 Ducati SuperSport S

Price, base / as tested: Dh74,900 / Dh85,900

Engine: 937cc

Transmission: Six-speed gearbox

Power: 110hp @ 9,000rpm

Torque: 93Nm @ 6,500rpm

Fuel economy, combined: 5.9L / 100km

Turkish Ladies

Various artists, Sony Music Turkey 

UAE currency: the story behind the money in your pockets
What is Reform?

Reform is a right-wing, populist party led by Nigel Farage, a former MEP who won a seat in the House of Commons last year at his eighth attempt and a prominent figure in the campaign for the UK to leave the European Union.

It was founded in 2018 and originally called the Brexit Party.

Many of its members previously belonged to UKIP or the mainstream Conservatives.

After Brexit took place, the party focused on the reformation of British democracy.

Former Tory deputy chairman Lee Anderson became its first MP after defecting in March 2024.

The party gained support from Elon Musk, and had hoped the tech billionaire would make a £100m donation. However, Mr Musk changed his mind and called for Mr Farage to step down as leader in a row involving the US tycoon's support for far-right figurehead Tommy Robinson who is in prison for contempt of court.

GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

The 12 Syrian entities delisted by UK 

Ministry of Interior
Ministry of Defence
General Intelligence Directorate
Air Force Intelligence Agency
Political Security Directorate
Syrian National Security Bureau
Military Intelligence Directorate
Army Supply Bureau
General Organisation of Radio and TV
Al Watan newspaper
Cham Press TV
Sama TV

The National's picks

4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young

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.”