• Britain's King Charles III inspects a guard of honour as he meets Royal Marines and Kenya Marines at Mtongwe Naval Base in Mombasa. AFP
    Britain's King Charles III inspects a guard of honour as he meets Royal Marines and Kenya Marines at Mtongwe Naval Base in Mombasa. AFP
  • A soldier during a presentation at the Mtongwe Naval Base. Reuters
    A soldier during a presentation at the Mtongwe Naval Base. Reuters
  • King Charles meets Kenyan Scouts during a visit to Nyali beach in Mombasa. EPA
    King Charles meets Kenyan Scouts during a visit to Nyali beach in Mombasa. EPA
  • King Charles meets members of Flipflopi, a movement dedicated to ending the use of single-use plastics, on Nyali beach. PA
    King Charles meets members of Flipflopi, a movement dedicated to ending the use of single-use plastics, on Nyali beach. PA
  • King Charles gets a tour during a visit to Karura forest in Nairobi. PA
    King Charles gets a tour during a visit to Karura forest in Nairobi. PA
  • King Charles plants a tree during a visit to the UN office in Nairobi. Getty Images
    King Charles plants a tree during a visit to the UN office in Nairobi. Getty Images
  • King Charles and Kenyan marathon runner Eliud Kipchoge flag off schoolchildren taking part in a 15km Run for Nature event at Karura forest in Nairobi. PA
    King Charles and Kenyan marathon runner Eliud Kipchoge flag off schoolchildren taking part in a 15km Run for Nature event at Karura forest in Nairobi. PA
  • King Charles delivers a speech as he visits the UN office in Nairobi. Getty Images
    King Charles delivers a speech as he visits the UN office in Nairobi. Getty Images
  • Britain's Queen Camilla meets Bobby, a rescue dog, during a visit to the Brooke Donkey Sanctuary in Nairobi. Reuters
    Britain's Queen Camilla meets Bobby, a rescue dog, during a visit to the Brooke Donkey Sanctuary in Nairobi. Reuters
  • From left, Queen Camilla, King Charles, Kenya's President Dr William Ruto and first lady Rachel Ruto in front of the Mugomo Tree in Uhuru Gardens, Nairobi, planted to mark Kenya's independence at the spot where the British flag was lowered and the Kenyan flag raised in 1963. PA
    From left, Queen Camilla, King Charles, Kenya's President Dr William Ruto and first lady Rachel Ruto in front of the Mugomo Tree in Uhuru Gardens, Nairobi, planted to mark Kenya's independence at the spot where the British flag was lowered and the Kenyan flag raised in 1963. PA
  • King Charles lays a wreath in honour of lives lost in Kenya's quest for independence, in Nairobi. The British royal couple are on a five-day state visit to the country. AP
    King Charles lays a wreath in honour of lives lost in Kenya's quest for independence, in Nairobi. The British royal couple are on a five-day state visit to the country. AP
  • King Charles meets secondary school pupils at Eastlands Library in Nairobi. Reuters
    King Charles meets secondary school pupils at Eastlands Library in Nairobi. Reuters
  • King Charles in talks with Mr Ruto. PA
    King Charles in talks with Mr Ruto. PA
  • King Charles inspects the guard of honour as he arrives for the ceremonial welcome at State House in Nairobi. AFP
    King Charles inspects the guard of honour as he arrives for the ceremonial welcome at State House in Nairobi. AFP
  • King Charles and Queen Camilla are hosted by Kenya's President William Ruto and Ms Ruto. Reuters
    King Charles and Queen Camilla are hosted by Kenya's President William Ruto and Ms Ruto. Reuters
  • King Charles is welcomed by Mr Ruto at the start of his four-day state visit to Kenya. Reuters
    King Charles is welcomed by Mr Ruto at the start of his four-day state visit to Kenya. Reuters
  • Queen Camilla and Ms Ruto during bilateral meeting at State House in Nairobi. Reuters
    Queen Camilla and Ms Ruto during bilateral meeting at State House in Nairobi. Reuters
  • The red carpet is rolled out ahead of the arrival King Charles in Nairobi. Reuters
    The red carpet is rolled out ahead of the arrival King Charles in Nairobi. Reuters
  • Members of the guard of honour line up as national anthems are played at State House in Nairobi. AFP
    Members of the guard of honour line up as national anthems are played at State House in Nairobi. AFP

King Charles and Queen Camilla arrive in Kenya for four-day state visit


Gillian Duncan
  • English
  • Arabic

King Charles III and Queen Camilla have arrived in Kenya for his first visit as monarch to a former British colony, where he plans to acknowledge "painful aspects" of a shared history that featured almost seven decades of colonial rule.

The couple, who arrived in the East African country overnight, were received by President William Ruto in the capital Nairobi on Tuesday morning.

The king plans to meet entrepreneurs from Kenya's bustling tech scene and tour wildlife sites. The couple will also travel to the south-eastern port city of Mombasa.

Many Kenyans, however, are most focused on what King Charles will say about colonial-era abuse, including torture, killings and widespread expropriation of land, much of which still belongs to British citizens and companies.

The most contentious period of British rule of the country came during the 1952-1960 Mau Mau revolt in central Kenya.

The Kenya Human Rights Commission (KHRC) has estimated 90,000 of its citizens were killed or maimed and 160,000 detained during the uprising.

The UK government has previously expressed regret for abuse during this period, known by Kenyans as "the emergency", and agreed to an out-of-court settlement of almost £20 million ($24.3 million) in 2013.

The royal couple will tour a new national history museum, visit the site where independence was declared in 1963 and lay a wreath at the Tomb of the Unknown Warrior.

"His majesty will take time during the visit to deepen his understanding of the wrongs suffered in this period by the people of Kenya," Buckingham Palace said in a statement.

The visit comes as other former colonies are re-evaluating their ties to the monarchy and demanding that Britain does more to reckon with its colonial past.

In 2021, Barbados ditched Queen Elizabeth as head of state to become a republic, and Jamaica has signalled it may do the same.

King Charles, then heir to the throne, surprised many at last year's summit of the Commonwealth, a voluntary association of countries that evolved from the British Empire, by acknowledging the role of slavery role in the organisation's roots.

Many citizens of former British colonies want the king to go further by directly apologising and endorsing reparations.

In Kenya, those include the Nandi people, whose leader Koitalel Arap Samoie led a decade-long rebellion until he was assassinated by a British colonel in 1905. In the ensuing years, the British confiscated most of their land and cattle.

King Charles III's first year - in pictures

  • September marked King Charles III's first year as British monarch, here The National looks back at the past 12 months. All photos: Getty Images
    September marked King Charles III's first year as British monarch, here The National looks back at the past 12 months. All photos: Getty Images
  • King Charles delivers his address to the nation from Buckingham Palace following the death of Queen Elizabeth II on Thursday, September 8, 2022
    King Charles delivers his address to the nation from Buckingham Palace following the death of Queen Elizabeth II on Thursday, September 8, 2022
  • King Charles and Queen Camilla walk across the forecourt of Buckingham Palace, London, as he enters the palace for the first time as the new King in September 2022
    King Charles and Queen Camilla walk across the forecourt of Buckingham Palace, London, as he enters the palace for the first time as the new King in September 2022
  • King Charles during his first audience with Prime Minister Liz Truss at Buckingham Palace in September 2022
    King Charles during his first audience with Prime Minister Liz Truss at Buckingham Palace in September 2022
  • King Charles speaks during his proclamation as king during the accession council in London in September 2022
    King Charles speaks during his proclamation as king during the accession council in London in September 2022
  • King Charles and Queen Camilla take part in an address in Westminster Hall in September 2022
    King Charles and Queen Camilla take part in an address in Westminster Hall in September 2022
  • King Charles, Prince Edward, Princess Anne, and Prince Andrew hold a vigil at St Giles' Cathedral, in honour of Queen Elizabeth in Edinburgh in September 2022
    King Charles, Prince Edward, Princess Anne, and Prince Andrew hold a vigil at St Giles' Cathedral, in honour of Queen Elizabeth in Edinburgh in September 2022
  • King Charles follows behind the coffin of Queen Elizabeth as it is carried out of Westminster Abbey after her state funeral in September 2022
    King Charles follows behind the coffin of Queen Elizabeth as it is carried out of Westminster Abbey after her state funeral in September 2022
  • King Charles drives past Wellington Arch during the funeral
    King Charles drives past Wellington Arch during the funeral
  • King Charles shakes hands with a boy as he visits Aberdeen Town House to meet families who have settled in Aberdeen from Afghanistan, Syria and Ukraine in October 2022
    King Charles shakes hands with a boy as he visits Aberdeen Town House to meet families who have settled in Aberdeen from Afghanistan, Syria and Ukraine in October 2022
  • King Charles welcomes Rishi Sunak during an audience at Buckingham Palace, where he invited the newly elected leader of the Conservative Party to become Prime Minister and form a new government in October 2022
    King Charles welcomes Rishi Sunak during an audience at Buckingham Palace, where he invited the newly elected leader of the Conservative Party to become Prime Minister and form a new government in October 2022
  • King Charles reacts after an egg was thrown in his direction in York during a ceremony at Micklegate Bar where, traditionally, The Sovereign is welcomed to the city, in November 2022
    King Charles reacts after an egg was thrown in his direction in York during a ceremony at Micklegate Bar where, traditionally, The Sovereign is welcomed to the city, in November 2022
  • King Charles speaks with Prime Minister Rishi Sunak, Stella McCartney and US Special Presidential Envoy for Climate John Kerry during a reception at Buckingham Palace ahead of the Cop27 Summit in November 2022
    King Charles speaks with Prime Minister Rishi Sunak, Stella McCartney and US Special Presidential Envoy for Climate John Kerry during a reception at Buckingham Palace ahead of the Cop27 Summit in November 2022
  • King Charles plants a lime tree in the Buckingham Palace garden for the Queen's Green Canopy ahead of the Cop 27 Summit in November 2022
    King Charles plants a lime tree in the Buckingham Palace garden for the Queen's Green Canopy ahead of the Cop 27 Summit in November 2022
  • King Charles unveils a statue of Queen Elizabeth outside York Minster in November 2022
    King Charles unveils a statue of Queen Elizabeth outside York Minster in November 2022
  • King Charles attends the Remembrance Sunday ceremony at the Cenotaph on Whitehall, London, in November 2022
    King Charles attends the Remembrance Sunday ceremony at the Cenotaph on Whitehall, London, in November 2022
  • Queen Camilla, King Charles and South African President Cyril Ramaphosa at the Grand Entrance of Buckingham Palace during a state visit in November 2022. This is the first state visit hosted by the UK with King Charles as monarch
    Queen Camilla, King Charles and South African President Cyril Ramaphosa at the Grand Entrance of Buckingham Palace during a state visit in November 2022. This is the first state visit hosted by the UK with King Charles as monarch
  • King Charles and Queen Camilla talk to co-owners of Wrexham AFC Ryan Reynolds and Rob McElhenney during a visit to Wales in December 2022
    King Charles and Queen Camilla talk to co-owners of Wrexham AFC Ryan Reynolds and Rob McElhenney during a visit to Wales in December 2022
  • King Charles during the recording of his first Christmas broadcast at Windsor Castle in December 2022
    King Charles during the recording of his first Christmas broadcast at Windsor Castle in December 2022
  • King Charles dances at a pre-Chanukah reception hosted on site for Holocaust survivors at the JW3 Community Centre in December 2022 in London
    King Charles dances at a pre-Chanukah reception hosted on site for Holocaust survivors at the JW3 Community Centre in December 2022 in London
  • King Charles and Queen Camilla meet members of the public during a visit to the Bangladeshi community of Brick Lane in London in February
    King Charles and Queen Camilla meet members of the public during a visit to the Bangladeshi community of Brick Lane in London in February
  • King Charles holds an audience with Ukrainian President Volodymyr Zelenskyy at Buckingham Palace in February
    King Charles holds an audience with Ukrainian President Volodymyr Zelenskyy at Buckingham Palace in February
  • King Charles meets members of the Turkish diaspora community in February in Hounslow, West London
    King Charles meets members of the Turkish diaspora community in February in Hounslow, West London
  • King Charles speaks at the German Bundestag in March in Berlin, Germany
    King Charles speaks at the German Bundestag in March in Berlin, Germany
  • First Lady Elke Buedenbender, Queen Camilla, King Charles and German President Frank-Walter Steinmeier arrive for a Ceremonial welcome at Brandenburg Gate in Berlin in March
    First Lady Elke Buedenbender, Queen Camilla, King Charles and German President Frank-Walter Steinmeier arrive for a Ceremonial welcome at Brandenburg Gate in Berlin in March
  • King Charles greets people at York Minster for the Maunday Thursday Service in April
    King Charles greets people at York Minster for the Maunday Thursday Service in April
  • King Charles inspects the 200th Sovereign's parade at Royal Military Academy Sandhurst in April
    King Charles inspects the 200th Sovereign's parade at Royal Military Academy Sandhurst in April
  • King Charles and Queen Camilla switch on stage lighting as they visit the host venue of the Eurovision Song Contest, the M&S Bank Arena in Liverpool in April
    King Charles and Queen Camilla switch on stage lighting as they visit the host venue of the Eurovision Song Contest, the M&S Bank Arena in Liverpool in April
  • King Charles looks up as he receives the St Edward's Crown during his coronation ceremony in Westminster Abbey in May
    King Charles looks up as he receives the St Edward's Crown during his coronation ceremony in Westminster Abbey in May
  • King Charles stands after being crowned in Westminster Abbey in May
    King Charles stands after being crowned in Westminster Abbey in May
  • King Charles and Queen Camilla travelling in the Gold State Coach down The Mall on route to Buckingham Palace during the coronation in May
    King Charles and Queen Camilla travelling in the Gold State Coach down The Mall on route to Buckingham Palace during the coronation in May
  • King Charles arrives to receive a royal salute from members of the military in the gardens of Buckingham Palace following his coronation
    King Charles arrives to receive a royal salute from members of the military in the gardens of Buckingham Palace following his coronation
  • King Charles travels by train pulled by the Flying Scotsman in celebration of its 100th anniversary, in June
    King Charles travels by train pulled by the Flying Scotsman in celebration of its 100th anniversary, in June
  • Prince George, Prince Louis, Catherine, Princess of Wales, Princess Charlotte, Prince William, King Charles, Queen Camilla, Prince Edward, and Sophie, Duchess of Edinburgh stand on the balcony of Buckingham Palace to watch a fly-past of aircraft by the Royal Air Force during Trooping the Colour in June
    Prince George, Prince Louis, Catherine, Princess of Wales, Princess Charlotte, Prince William, King Charles, Queen Camilla, Prince Edward, and Sophie, Duchess of Edinburgh stand on the balcony of Buckingham Palace to watch a fly-past of aircraft by the Royal Air Force during Trooping the Colour in June
  • King Charles attends Royal Ascot in June
    King Charles attends Royal Ascot in June
  • King Charles and Queen Camilla pose with masquerade masks as they attend the Animal Ball at Lancaster House in London to mark the 20th anniversary of wildlife conservation charity Elephant Family in June
    King Charles and Queen Camilla pose with masquerade masks as they attend the Animal Ball at Lancaster House in London to mark the 20th anniversary of wildlife conservation charity Elephant Family in June
  • Catherine, Princess of Wales and Prince William look on as King Charles is presented with the Crown of Scotland during the National Service of Thanksgiving and Dedication for King Charles and Queen Camilla at St Giles' Cathedral in Edinburgh, Scotland in July
    Catherine, Princess of Wales and Prince William look on as King Charles is presented with the Crown of Scotland during the National Service of Thanksgiving and Dedication for King Charles and Queen Camilla at St Giles' Cathedral in Edinburgh, Scotland in July
  • King Charles and US President Joe Biden at Windsor Castle in July
    King Charles and US President Joe Biden at Windsor Castle in July

Samoie's great-grandson Kipchoge Araap Chomu credited the British with contributions in education and public health but said historical injustice must be remedied.

"We have to demand public apology from the government of the British because of the atrocities they meted on us," he said. "After apologies, we also expect a reparation."

The biog

Name: Shamsa Hassan Safar

Nationality: Emirati

Education: Degree in emergency medical services at Higher Colleges of Technology

Favourite book: Between two hearts- Arabic novels

Favourite music: Mohammed Abdu and modern Arabic songs

Favourite way to spend time off: Family visits and spending time with friends

ADCC AFC Women’s Champions League Group A fixtures

October 3: v Wuhan Jiangda Women’s FC
October 6: v Hyundai Steel Red Angels Women’s FC
October 9: v Sabah FA

Veil (Object Lessons)
Rafia Zakaria
​​​​​​​Bloomsbury Academic

Draw:

Group A: Egypt, DR Congo, Uganda, Zimbabwe

Group B: Nigeria, Guinea, Madagascar, Burundi

Group C: Senegal, Algeria, Kenya, Tanzania

Group D: Morocco, Ivory Coast, South Africa, Namibia

Group E: Tunisia, Mali, Mauritania, Angola

Group F: Cameroon, Ghana, Benin, Guinea-Bissau

What is blockchain?

Blockchain is a form of distributed ledger technology, a digital system in which data is recorded across multiple places at the same time. Unlike traditional databases, DLTs have no central administrator or centralised data storage. They are transparent because the data is visible and, because they are automatically replicated and impossible to be tampered with, they are secure.

The main difference between blockchain and other forms of DLT is the way data is stored as ‘blocks’ – new transactions are added to the existing ‘chain’ of past transactions, hence the name ‘blockchain’. It is impossible to delete or modify information on the chain due to the replication of blocks across various locations.

Blockchain is mostly associated with cryptocurrency Bitcoin. Due to the inability to tamper with transactions, advocates say this makes the currency more secure and safer than traditional systems. It is maintained by a network of people referred to as ‘miners’, who receive rewards for solving complex mathematical equations that enable transactions to go through.

However, one of the major problems that has come to light has been the presence of illicit material buried in the Bitcoin blockchain, linking it to the dark web.

Other blockchain platforms can offer things like smart contracts, which are automatically implemented when specific conditions from all interested parties are reached, cutting the time involved and the risk of mistakes. Another use could be storing medical records, as patients can be confident their information cannot be changed. The technology can also be used in supply chains, voting and has the potential to used for storing property records.

Kill%20Bill%20Volume%201
%3Cp%3E%3Cstrong%3EDirector%3C%2Fstrong%3E%3A%20Quentin%20Tarantino%3Cbr%3E%3Cstrong%3EStars%3C%2Fstrong%3E%3A%20Uma%20Thurman%2C%20David%20Carradine%20and%20Michael%20Madsen%3Cbr%3E%3Cstrong%3ERating%3C%2Fstrong%3E%3A%204.5%2F5%3C%2Fp%3E%0A
Score

New Zealand 266 for 9 in 50 overs
Pakistan 219 all out in 47.2 overs 

New Zealand win by 47 runs

New Zealand lead three-match ODI series 1-0

Next match: Zayed Cricket Stadium, Abu Dhabi, Friday

The biog

Marital status: Separated with two young daughters

Education: Master's degree from American Univeristy of Cairo

Favourite book: That Is How They Defeat Despair by Salwa Aladian

Favourite Motto: Their happiness is your happiness

Goal: For Nefsy to become his legacy long after he is gon

The%20Super%20Mario%20Bros%20Movie
%3Cp%3E%3Cstrong%3EDirectors%3A%3C%2Fstrong%3E%20Aaron%20Horvath%20and%20Michael%20Jelenic%0D%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Chris%20Pratt%2C%20Anya%20Taylor-Joy%2C%20Charlie%20Day%2C%20Jack%20Black%2C%20Seth%20Rogen%20and%20Keegan-Michael%20Key%0D%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%201%2F5%3C%2Fp%3E%0A
Disability on screen

Empire — neuromuscular disease myasthenia gravis; bipolar disorder; post-traumatic stress disorder (PTSD)

Rosewood and Transparent — heart issues

24: Legacy — PTSD;

Superstore and NCIS: New Orleans — wheelchair-bound

Taken and This Is Us — cancer

Trial & Error — cognitive disorder prosopagnosia (facial blindness and dyslexia)

Grey’s Anatomy — prosthetic leg

Scorpion — obsessive compulsive disorder and anxiety

Switched at Birth — deafness

One Mississippi, Wentworth and Transparent — double mastectomy

Dragons — double amputee

All or Nothing

Amazon Prime

Four stars

The Buckingham Murders

Starring: Kareena Kapoor Khan, Ash Tandon, Prabhleen Sandhu

Director: Hansal Mehta

Rating: 4 / 5

TEAMS

US Team
Dustin Johnson, Jordan Spieth
Justin Thomas, Daniel Berger
Brooks Koepka, Rickie Fowler
Kevin Kisner, Patrick Reed
Matt Kuchar, Kevin Chappell
Charley Hoffman*, Phil Mickelson*

International Team
Hideki Matsuyama, Jason Day 
Adam Scott, Louis Oosthuizen
Marc Leishman, Charl Schwartzel
Branden Grace, Si Woo Kim
Jhonattan Vegas, Adam Hadwin
Emiliano Grillo*, Anirban Lahiri*

denotes captain's picks

 

 

Our House, Louise Candlish,
Simon & Schuster

Infiniti QX80 specs

Engine: twin-turbocharged 3.5-liter V6

Power: 450hp

Torque: 700Nm

Price: From Dh450,000, Autograph model from Dh510,000

Available: Now

Hotel Silence
Auður Ava Ólafsdóttir
Pushkin Press

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.
  • Keep track of the job trends in your sector through the news. Apply for job alerts at your dream organisations and the types of jobs you want – LinkedIn uses AI to share similar relevant jobs based on your selections.
  • Double check that you’ve highlighted relevant skills on your resume and LinkedIn profile.
  • 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

SPECS

Nissan 370z Nismo

Engine: 3.7-litre V6

Transmission: seven-speed automatic

Power: 363hp

Torque: 560Nm

Price: Dh184,500

ZIMBABWE V UAE, ODI SERIES

All matches at the Harare Sports Club:

1st ODI, Wednesday - Zimbabwe won by 7 wickets

2nd ODI, Friday, April 12

3rd ODI, Sunday, April 14

4th ODI, Tuesday, April 16

UAE squad: Mohammed Naveed (captain), Rohan Mustafa, Ashfaq Ahmed, Shaiman Anwar, Mohammed Usman, CP Rizwan, Chirag Suri, Mohammed Boota, Ghulam Shabber, Sultan Ahmed, Imran Haider, Amir Hayat, Zahoor Khan, Qadeer Ahmed

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.”

Seven tips from Emirates NBD

1. Never respond to e-mails, calls or messages asking for account, card or internet banking details

2. Never store a card PIN (personal identification number) in your mobile or in your wallet

3. Ensure online shopping websites are secure and verified before providing card details

4. Change passwords periodically as a precautionary measure

5. Never share authentication data such as passwords, card PINs and OTPs  (one-time passwords) with third parties

6. Track bank notifications regarding transaction discrepancies

7. Report lost or stolen debit and credit cards immediately

The specs

Engine: 4-litre twin-turbo V8

Transmission: nine-speed

Power: 542bhp

Torque: 700Nm

Price: Dh848,000

On sale: now

Lowest Test scores

26 - New Zealand v England at Auckland, March 1955

30 - South Africa v England at Port Elizabeth, Feb 1896

30 - South Africa v England at Birmingham, June 1924

35 - South Africa v England at Cape Town, April 1899

36 - South Africa v Australia at Melbourne, Feb. 1932

36 - Australia v England at Birmingham, May 1902

36 - India v Australia at Adelaide, Dec. 2020

38 - Ireland v England at Lord's, July 2019

42 - New Zealand v Australia in Wellington, March 1946

42 - Australia v England in Sydney, Feb. 1888

Updated: October 31, 2023, 3:31 PM