Arva Ahmed, founder of Frying Pan Adventures, says she has always lived a frugal life, a trait she picked up from her father. Photo: Victor Besa / The National
Arva Ahmed, founder of Frying Pan Adventures, says she has always lived a frugal life, a trait she picked up from her father. Photo: Victor Besa / The National
Arva Ahmed, founder of Frying Pan Adventures, says she has always lived a frugal life, a trait she picked up from her father. Photo: Victor Besa / The National
Arva Ahmed, founder of Frying Pan Adventures, says she has always lived a frugal life, a trait she picked up from her father. Photo: Victor Besa / The National

Money & Me: ‘The less I have, the more at peace I feel’


  • English
  • Arabic

Arva Ahmed has eaten her way through every gastronomic nook and cranny of Dubai’s Old Town since she launched her walking food tours in 2013.

Frying Pan Adventures has been an outlet for Ms Ahmed to broaden her knowledge on the mélange of cuisines in the city and its cultural relevance, enabling her to weave the stories of their sometimes offbeat and occasionally contested origins and create a satiating experience for residents and tourists alike.

Ms Ahmed, 38, grew up in Dubai and only left for a few years to complete her higher education in business and finance in the US. She returned in 2010 with the intention to join her father’s business but, within a year, realised she couldn’t ignore her passion for food.

“It started with blogging about food, but you aren’t really interacting or sharing a meal with people,” says Ms Ahmed.

“I wanted to influence behaviour and have an impact at a level where I was physically taking people into these places that I thought showcase the local and regional diversity housed in the city.”

Ms Ahmed lives in Deira with her three-year-old daughter Yara and is surrounded by her extended family.

How did money feature in your childhood?

Money matters never really came up at home. My sister and I received pocket money, but I don’t remember spending much of it because our parents always made sure we had everything. In fact, my father continues to give us pocket money and the amazing thing is that it has increased more than inflation.

Are you a spender or a saver?

I have always lived a frugal life. I think this is something that I’ve picked up from my father, who I never saw as being frivolous. He uses things for many years, like his car, even though I know he can afford to replace them. Like him, the less I have, the more at peace I feel.

When did you become financially independent?

Even though I have my own business, I don’t think I can ever consider myself as being financially independent. My father has always been a big part of my life and continues to support his daughters.

During the short time when I worked in New York, I was technically paying my own rent and buying my own food, but I never had student loans to pay off and did not have to pay my father back for it either, otherwise I’d still be paying off that debt.

How did the concept for walking food tours come about?

I had been exposed to food tours during a business trip to Delhi, India, so that seed had already been planted in my head as one possible way to pursue my passion for food, which I had picked up in college.

My father continues to give us pocket money and the amazing thing is that it has increased more than inflation
Arva Ahmed,
founder, Frying Pan Adventures

When I did my first test tour, where I went about eating dishes that were delicious in Dubai, I realised it was boring and nobody would want to do just that.

I had to figure out how to create conversations around the food and keep people engaged. I started to read books about food history and culture. The one that really moved me was Day of Honey: A Memoir of Food, Love, and War by Annia Ciezadlo.

It taught me that giving context beyond the plate is an important part of savouring the food. I started getting my hands on white papers and research so that we aren’t just satisfying food cravings but our guests’ mental curiosity as well.

How did the pandemic impact your business?

It was devastating. We had to refund everyone who had booked tours with us and that took a while because our processor in Canada went bankrupt.

We were in emergency mode and had to prioritise our refunds first and then all the expenses and overheads. Unfortunately, our freelance guides lost out on everything.

Arva Ahmed says having some savings during the pandemic helped to prevent her business from going under. Photo: Victor Besa / The National
Arva Ahmed says having some savings during the pandemic helped to prevent her business from going under. Photo: Victor Besa / The National

We couldn’t even do online tours because it wouldn’t be enough to address our costs. We were lucky the community was very supportive and even people in other countries who knew they’d never return to Dubai bought gift certificates during that time.

What did you learn during this time?

I was so glad we had a buffer and that we never overspent in the business. We have always taken things one step at a time.

I had always reinvested whatever little profit we made back into the business, so there was enough to support the team for a year even without work. Having some savings during this time helped, otherwise we would have gone completely under.

We have three full-time members, including my sister Farida, and four freelance guides. Work started to look up around October last year, although it has not recovered to pre-pandemic levels.

Has your relationship with money changed over the years?

It changed after I had my daughter, Yara. Despite having a background in finance and knowing that I should make personal investments, I don’t think I ever took the time out to do it.

I would only ever put all my money into my business and never planned for what needs to happen with all my personal savings, so investing has become a priority.

The other thing that has changed is that I am less frugal now. I’ve realised that I cannot do everything by myself in my business and that I need to outsource some things so that I can focus on the others.

I’ve also learnt how to let go and if time can be saved by throwing money at a problem, it is worth it. I now put a much higher price and monetary value on my mental well-being. It saves me a lot on medical bills.

What are you happiest spending money on?

I will pull out all the stops for my family and friends. That gives me the most joy. Spending on food does, too.

What was your last significant purchase?

I prefer spending on experiences, so the last one was a staycation with my daughter.

Jeff Buckley: From Hallelujah To The Last Goodbye
By Dave Lory with Jim Irvin

 

 

SPECS
%3Cp%3EEngine%3A%20Twin-turbocharged%204-litre%20V8%3Cbr%3EPower%3A%20625%20bhp%3Cbr%3ETorque%3A%20630Nm%3Cbr%3EOn%20sale%3A%20Now%3Cbr%3EPrice%3A%20From%20Dh974%2C011%3C%2Fp%3E%0A
Slow loris biog

From: Lonely Loris is a Sunda slow loris, one of nine species of the animal native to Indonesia, Malaysia, Thailand and Singapore

Status: Critically endangered, and listed as vulnerable on the International Union for Conservation of Nature red list due to growing demand in the global exotic pet trade. It is one of the most popular primate species found at Indonesian pet markets

Likes: Sleeping, which they do for up to 18 hours a day. When they are awake, they like to eat fruit, insects, small birds and reptiles and some types of vegetation

Dislikes: Sunlight. Being a nocturnal animal, the slow loris wakes around sunset and is active throughout the night

Superpowers: His dangerous elbows. The slow loris’s doe eyes may make it look cute, but it is also deadly. The only known venomous primate, it hisses and clasps its paws and can produce a venom from its elbow that can cause anaphylactic shock and even death in humans

Brief scoreline:

Manchester United 2

Rashford 28', Martial 72'

Watford 1

Doucoure 90'

How to get there

Emirates (www.emirates.com) flies directly to Hanoi, Vietnam, with fares starting from around Dh2,725 return, while Etihad (www.etihad.com) fares cost about Dh2,213 return with a stop. Chuong is 25 kilometres south of Hanoi.
 

The Pope's itinerary

Sunday, February 3, 2019 - Rome to Abu Dhabi
1pm: departure by plane from Rome / Fiumicino to Abu Dhabi
10pm: arrival at Abu Dhabi Presidential Airport


Monday, February 4
12pm: welcome ceremony at the main entrance of the Presidential Palace
12.20pm: visit Abu Dhabi Crown Prince at Presidential Palace
5pm: private meeting with Muslim Council of Elders at Sheikh Zayed Grand Mosque
6.10pm: Inter-religious in the Founder's Memorial


Tuesday, February 5 - Abu Dhabi to Rome
9.15am: private visit to undisclosed cathedral
10.30am: public mass at Zayed Sports City – with a homily by Pope Francis
12.40pm: farewell at Abu Dhabi Presidential Airport
1pm: departure by plane to Rome
5pm: arrival at the Rome / Ciampino International Airport

The biog

Name: Abeer Al Bah

Born: 1972

Husband: Emirati lawyer Salem Bin Sahoo, since 1992

Children: Soud, born 1993, lawyer; Obaid, born 1994, deceased; four other boys and one girl, three months old

Education: BA in Elementary Education, worked for five years in a Dubai school

 

Safety 'top priority' for rival hyperloop company

The chief operating officer of Hyperloop Transportation Technologies, Andres de Leon, said his company's hyperloop technology is “ready” and safe.

He said the company prioritised safety throughout its development and, last year, Munich Re, one of the world's largest reinsurance companies, announced it was ready to insure their technology.

“Our levitation, propulsion, and vacuum technology have all been developed [...] over several decades and have been deployed and tested at full scale,” he said in a statement to The National.

“Only once the system has been certified and approved will it move people,” he said.

HyperloopTT has begun designing and engineering processes for its Abu Dhabi projects and hopes to break ground soon. 

With no delivery date yet announced, Mr de Leon said timelines had to be considered carefully, as government approval, permits, and regulations could create necessary delays.

The specs

Engine: 2.0-litre four-cylinder turbo

Power: 268hp at 5,600rpm

Torque: 380Nm at 4,800rpm

Transmission: CVT auto

Fuel consumption: 9.5L/100km

On sale: now

Price: from Dh195,000 

Our legal columnist

Name: Yousef Al Bahar

Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994

Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

Updated: March 21, 2022, 4:28 AM