From rogue royals to pet causes, the challenges facing King Charles III


Thomas Harding
  • English
  • Arabic

From his nods and winks during formal proceedings to his outburst over a faulty pen, King Charles III is an expressive man who fails to live up the Queen Elizabeth II maxim: “Never complain, never explain.”

It will not be long before his instincts start to drive change in a royal family establishment that is ripe for it.

The new king has considerable power over royal appointments for his immediate family and will also inherit an immense fortune with too many homes for a slimmed down list of working royals.

Having pledged to step back from some of the causes with which he was most closely identified, there is also a calculation to be made about his future interventions in speeches and appearances.

The climate emergency is likely to be one of the few political areas that the king may choose to enter, having warned about environmental damage for the past four decades.

Religion could be another area of divergence from the queen’s strict adherence to the Anglican Church, with the king keen to promote diversity.

Popularity polls

As Prince of Wales, Charles at times found himself the subject controversy. His turbulent marriage and divorce from Princess Diana severely dented his standing, as did his comments on architecture and industrial farming.

He was also not helped by the leaking of his “black spider” memos in 2015, letters written to politicians in his distinctive handwriting.

A poll in May showed his popularity rating at 54 per cent while the queen’s stood at 81 per cent and Prince William’s at 75.

But the heartfelt speech he made the day after his mother’s death appears to have moved the dial, suggesting he would continue the queen’s conscientious manner of ruling and know his constitutional place.

That has already had an effect, with a recent YouGov poll showing that people who thought he was doing a good job had increased from 32 per cent in May to 63 per cent after the queen died.

Sibling and son

At 8am on Monday, flags that have been half-mast at royal residences since September 8 will be raised and black armbands removed.

Before then, the king will consider what to do with Prince Andrew, who caused great harm to the family with the US court case that involved allegations of an under-age liaison with Virginia Giuffre and an alleged £12 million ($13.5m) settlement.

Prince Andrew was stripped of many titles and positions but is understood to be eager for a return to a royal role, particularly having suffered the humiliation of not being allowed to wear a military uniform over the past week.

But his brother will know the damage to his and the family’s standing if Andrew is rehabilitated, so for now is likely to retain his mother’s sanctions.

King Charles III, Princess Anne and Prince Andrew watch on as Queen Elizabeth's funeral cortege leaves Westminster Abbey. Getty
King Charles III, Princess Anne and Prince Andrew watch on as Queen Elizabeth's funeral cortege leaves Westminster Abbey. Getty

Since the queen’s death it is not known how deep the reconciliation might have been between Prince Harry and his father after the damaging Oprah Winfrey interview last year, including Meghan’s allegations of racism in the palace.

King Charles may well decide to “take a view” when Harry’s book expose of royal life is published at some point next year.

The National also understands that the king is not greatly enamoured with living in Buckingham Palace and would rather it became a museum and an “office” where he can greet dignitaries, host dinners and carry out investitures.

King Charles is said to be far more comfortable in Clarence House but understands the importance of the monarch’s main location being Buckingham Palace.

Slimmer monarchy

With Prince Andrew and Prince Harry no longer functioning as “working royals”, the job may already have been done to fulfil the king’s desire the reduce their number and save on the public purse.

Expenditures include an estimated £100m bill for police protection alone.

There are now only seven main royals who carry out official duties, such as opening hospitals or schools and representing Britain on overseas trips, which gives the country a degree of influence.

And the remaining working royals are all regarded as “safe hands” who will not expose the family to negative publicity.

Sophie, the Countess of Wessex, has recently had very positive press after her close friendship with the late queen has become more widely known.

Her husband Prince Edward and his sister Princess Anne are regarded as hard-working royals who avoid controversy.

Prince William and his wife Kate generate positive publicity and will continue to embark on even more prestigious events after becoming the Prince and Princess of Wales.

With her steadying influence on King Charles over the past week, the Queen Consort Camilla could well grow in popularity and demand.

Indeed, some in the household argue that there are not enough working royals, possibly allowing some in the younger generation to step up.

King’s gold

In return for the work in burnishing Britain’s image, King Charles is given a “sovereign grant” that covers staff costs, travel and upkeep of palaces.

This amounted to £86m in the past year, calculated as a share of the treasury’s revenue from the crown estate that covers a large amount of central London, the seabed around the UK, Ascot racecourse and land and assets.

And the family has land, assets and property from the duchies of Lancaster and Cornwall that combined are worth £1.7bn and made of profit of £47m last year.

It will be King Charles’s decision on whether he continues to bankroll his immediate family as his mother did. Changes will inevitably lead to friction.

Defender of Faiths

On accession the king immediately becomes supreme governor of the Church of England, a role that his mother saw as a sacred duty.

This is enshrined in the accession promise that he would become the “defender of the faith” when it had been speculated he would replace it with “faiths”.

King Charles speaks to the Archbishop of Canterbury, Justin Welby, as he meets faith leaders during a reception at Buckingham Palace. AP
King Charles speaks to the Archbishop of Canterbury, Justin Welby, as he meets faith leaders during a reception at Buckingham Palace. AP

King Charles has shown an interest in other religions and wants to be an interfaith monarch, hence the idea of defending “faiths”.

He is interested in Greek Orthodoxy, Buddhism — with supporting for the Dalai Lama — and has studied Islam.

“Like other sacred texts, the Quran offers some profound and perceptive understanding of human and economic development — concepts that do not calculate well-being in merely financial terms,” he once said.

His multi-faith support could well make him stand out from his mother in a manner that it would be hoped does not attract controversy.

Climate prophesy

Another area in which King Charles might increase his popularity, particularly among younger people, is his continued promotion of the environment.

When he began preaching about mankind’s damage to the planet and climate catastrophe he was considered a touch eccentric.

Given today’s environmental emergency, it appears more prophetic and he could well, with government permission, continue giving speeches at international climate events.

Prince Charles plants a tree while visiting Rwanda in June. AP
Prince Charles plants a tree while visiting Rwanda in June. AP

He was also an early proponent of returning areas to the wild, something now conducted across Britain, and his promotion of organic food in the 1990s has seen it become a market worth nearly £3bn.

Stability

Queen Elizabeth’s reign was a constant in stability and her heir will seek to continue this, albeit asserting some positive influence in terms of religion and the environment.

Aides say the king works extremely hard but one slight issue is a tendency to public displays of irritation, twice witnessed in his issues with ink pens in the past 10 days.

After the decades of preparation and the support from his loving wife, it is hoped that King Charles will not be experiencing the emotions of his great-uncle Edward VIII, who after his father’s funeral felt the “uneasy sensation of being left alone on a vast stage”.

Queen Elizabeth II's funeral: extraordinary images from an extraordinary day — in pictures

Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

UAE v Gibraltar

What: International friendly

When: 7pm kick off

Where: Rugby Park, Dubai Sports City

Admission: Free

Online: The match will be broadcast live on Dubai Exiles’ Facebook page

UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)

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.”

TOURNAMENT INFO

Fixtures
Sunday January 5 - Oman v UAE
Monday January 6 - UAE v Namibia
Wednesday January 8 - Oman v Namibia
Thursday January 9 - Oman v UAE
Saturday January 11 - UAE v Namibia
Sunday January 12 – Oman v Namibia

UAE squad
Ahmed Raza (captain), Rohan Mustafa, Mohammed Usman, CP Rizwan, Waheed Ahmed, Zawar Farid, Darius D’Silva, Karthik Meiyappan, Jonathan Figy, Vriitya Aravind, Zahoor Khan, Junaid Siddique, Basil Hameed, Chirag Suri

Fixtures

Friday Leganes v Alaves, 10.15pm; Valencia v Las Palmas, 12.15am

Saturday Celta Vigo v Real Sociedad, 8.15pm; Girona v Atletico Madrid, 10.15pm; Sevilla v Espanyol, 12.15am

Sunday Athletic Bilbao v Getafe, 8.15am; Barcelona v Real Betis, 10.15pm; Deportivo v Real Madrid, 12.15am

Monday Levante v Villarreal, 10.15pm; Malaga v Eibar, midnight

Russia's Muslim Heartlands

Dominic Rubin, Oxford

Anghami
Started: December 2011
Co-founders: Elie Habib, Eddy Maroun
Based: Beirut and Dubai
Sector: Entertainment
Size: 85 employees
Stage: Series C
Investors: MEVP, du, Mobily, MBC, Samena Capital

The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

UAE currency: the story behind the money in your pockets
Company%20profile
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COMPANY PROFILE

Name: Lamsa

Founder: Badr Ward

Launched: 2014

Employees: 60

Based: Abu Dhabi

Sector: EdTech

Funding to date: $15 million

Name: Brendalle Belaza

From: Crossing Rubber, Philippines

Arrived in the UAE: 2007

Favourite place in Abu Dhabi: NYUAD campus

Favourite photography style: Street photography

Favourite book: Harry Potter

Updated: September 23, 2022, 6:00 PM