The Anti-Capitalist Muslims, a group associated with anti-government protests in Turkey, host their simple Down to Earth Iftar on the street. Sadik Gulec / Corbis
The Anti-Capitalist Muslims, a group associated with anti-government protests in Turkey, host their simple Down to Earth Iftar on the street. Sadik Gulec / Corbis
The Anti-Capitalist Muslims, a group associated with anti-government protests in Turkey, host their simple Down to Earth Iftar on the street. Sadik Gulec / Corbis
The Anti-Capitalist Muslims, a group associated with anti-government protests in Turkey, host their simple Down to Earth Iftar on the street. Sadik Gulec / Corbis

Turkish group breaks fast with humble pie


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ISTANBUL // Sandwiches, potato salad and other home-made food came in plastic containers and shopping bags, to be served by volunteers on old newspapers and picnic table covers spread on the grass.

For the organisers and about 300 guests of an event called Down to Earth Iftar in Istanbul's Yenikoy district, breaking the fast under the trees of a little park close to the Bosphorus was more than a communal get-together. It was a political statement.

"It's a symbol of equality. Everybody sits on the ground, regardless of class distinctions or social differences," said Ozgur Kivanc, the spokesman of a small but vocal group that calls itself Anti-Capitalist Muslims.

Mr Kivanc's group, which argues the version of Islam represented by Turkey's religiously conservative and pro-business government ignores egalitarian, social and liberal values of the religion, has been organising the Down to Earth Iftars at different locations in Istabul and other cities since the start of Ramadan.

The basic idea is to contrast simplicity and frugality with the lavish and glitzy Iftars attended by Turkey's elite in luxury hotels and restaurants. There are no corporate or state sponsors of the Down to Earth Iftars, which are organised like potluck dinners.

Following the wave of anti-government unrest in Turkey last month, the Down to Earth Iftars have also become new focal points for the protest movement opposed to the government of Recep Tayyip Erdogan, the prime minister.

The Anti-Capitalist Muslims, who supported the protests, began their Down to Earth Iftars on the first day of Ramadan with a meal close to Taksim Square in Istanbul.

Gezi Park, next to the square, was the starting point and epicentre of the nationwide unrest after local protests against a government construction project in the park developed into the most serious challenge to Mr Erdogan in his 10-year rule.

Five demonstrators and one police officer were killed in clashes around the country, and several thousand people were injured in the fiercest street battles Turkey has seen in years. Demonstrators accused Mr Erdogan's government of being ignorant of people's wishes and demands.

An attempt by members of the Anti-Capitalist Muslims and other protesters to hold an Iftar inside Gezi Park next to Taksim Square late Sunday was denied by police, who cordoned off the park. The group moved to a nearby shopping street and held their Iftar there. Police later clashed with some protesters, who ignored calls by the officers to disperse, the Anadolu news agency reported. Three people were detained by police, local media reported.

The park in Yenikoy, venue of the Down to Earth Iftar, saw small gatherings of demonstrators after police cleared the protesters' tent city in Gezi Park on June 15.

"Instead of a sultan's dinner, this is a dinner on the ground," said Gamze Saglik, 27, a resident of Yenikoy and one of the organisers of the iftar, as volunteers prepared to distribute food and water shortly before sundown.

"You won't find fruit flambé here," one of the helpers said.

Activists are not the only ones sending political messages through Iftars in Turkey these days.

On the day people gathered in the Yenikoy park, Mr Erdogan attended an iftar at the headquarters of Ankara's riot police, where he made a speech defending harsh police tactics such as the use of water cannons and tear gas against Gezi Park protesters.

The same evening, Abdullah Gul, Turkey's president, hosted an iftar at a luxury hotel in Istanbul for representatives of the Alevite community, followers of a liberal strand of Islam who say they are treated unfairly by authorities in predominantly Sunni Turkey. The Alevites, who make up around 15 million of Turkey's 76 million people, do not keep the fast in Ramadan.

In his speech at the dinner, Mr Gul said Ramadan taught everyone to understand each other better, according to the website of the presidency in Ankara. "Turkey really needs that," the president said, in reference to the Gezi Park riots.

But several members of an Alevite association declined Mr Gul's invitation to the iftar and attended the iftar in Yenikoy instead.

"While they put on a show of brotherhood in a five-star hotel, we will be at the table on the ground with the Anti-Capitalist Muslims," said the Hubyar Sultan Alevi Cultural Association.

Aydin Deniz, the general secretary of the association, said at the Yenikoy event that he did not want to attend a meeting of a state "that ignores our demands", as he put it. "Alevites are being assimilated" and foced to give up their identity, he added.

Several other guests said they supported the protest movement against Mr Erdogan, whose popularity has slipped since the unrest but who still commands broad support among conservative Turks.

"After May 31, nothing will ever be like it was before," said one man, Fuat Denizli. He was referring to the day when police staged a first attempt to throw demonstrators out of Gezi Park, an operation that triggered the nationwide demonstrations.

Mr Kivanc, the Anti-Capitalist Muslims spokesman, said the "anti-authoritarian" iftar meetings were in line with Islam.

He said his group rejected the interpretation of the religion offered by Mr Erdogan, an observant Muslim accused by critics of following a secret agenda to turn secular Turkey into an Islamist state.

"Islam is against capitalism and against personal enrichment," Mr Kivanc said.

The Anti-Capitalist Muslims, whose motto is "Allah, Bread, Freedom" and who have several hundred members, became widely known in Turkey last year when they participated in a May Day demonstration organised by trade unions and socialists in Istanbul.

Asked what he would do if Mr Gul, was to turn up at one of the group's Iftars, Mr Kivanc said the head of state would be welcomed like everyone else.

"We would have plenty of things to tell him," Mr Kivanc said. "But he won't come, because the state hierarchy is cut off from the people."

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Mageed Yahia, director of WFP in UAE: Coronavirus knows no borders, and neither should the response

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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10 tips for entry-level job seekers
  • Have an up-to-date, professional LinkedIn profile. If you don’t have a LinkedIn account, set one up today. Avoid poor-quality profile pictures with distracting backgrounds. Include a professional summary and begin to grow your network.
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  • For most entry-level jobs, your resume will first be filtered by an applicant tracking system for keywords. Look closely at the description of the job you are applying for and mirror the language as much as possible (while being honest and accurate about your skills and experience).
  • Keep your CV professional and in a simple format – make sure you tailor your cover letter and application to the company and role.
  • Go online and look for details on job specifications for your target position. Make a list of skills required and set yourself some learning goals to tick off all the necessary skills one by one.
  • Don’t be afraid to reach outside your immediate friends and family to other acquaintances and let them know you are looking for new opportunities.
  • Make sure you’ve set your LinkedIn profile to signal that you are “open to opportunities”. Also be sure to use LinkedIn to search for people who are still actively hiring by searching for those that have the headline “I’m hiring” or “We’re hiring” in their profile.
  • Prepare for online interviews using mock interview tools. Even before landing interviews, it can be useful to start practising.
  • Be professional and patient. Always be professional with whoever you are interacting with throughout your search process, this will be remembered. You need to be patient, dedicated and not give up on your search. Candidates need to make sure they are following up appropriately for roles they have applied.

Arda Atalay, head of Mena private sector at LinkedIn Talent Solutions, Rudy Bier, managing partner of Kinetic Business Solutions and Ben Kinerman Daltrey, co-founder of KinFitz

What vitamins do we know are beneficial for living in the UAE

Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.

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