In the wild, it can take more than 10 years for a fish to produce caviar.
In the wild, it can take more than 10 years for a fish to produce caviar.

The luxurious part of Musaffah: caviar production



It is hardly the most prepossessing of locations. Deep in Abu Dhabi's Musaffah, a satellite district characterised by industry, arrival here is not so much about having reached your destination as having simply run out of road. It is hard to imagine a setting more at odds with any hint of glamour or promise of luxury. But luxury is what Bin Salem Holding's The Royal Caviar Company (TRCC) is all about and this is where its gleaming facility stands.

Hundreds of miles from the Caspian Sea, more than 50,000 square metres of Gulf desert have been given over to producing, packaging and selling one of the most expensive delicacies in the world.

Wild sturgeon, the traditional source, have been overfished to the point of endangerment, and global demand still outstrips supply by 400 tonnes a year. The Middle East has one of the fastest growing caviar markets in the world with the UAE alone consuming 14 tonnes a year. According to Robert Harper, Bin Salem Holding Group commercial director:

"The wild caviar market will cease to exist as fish farming produces high-quality product in an environmentally friendly way. In the wild, Russia and Iran are the experts but they can't compete in aquaculture. There are people in Europe doing it on a small scale, some in South America and some in America. but there is plenty of market to go round. Which is not to say that we don't want our unfair share of it."

TRCC had its first small harvest in August - a non-commercial test run of imported mature fish that convinced them they are on track.

"We tested experts with a little biscuit of our caviar in one hand and one of wild harvest caviar in the other and they couldn't tell the difference," Harper says.

Thanks to the expertise of the company's plant production manager, Muhanad Abu Awad, who has had 15 years experience as an aquaculture engineer, TRCC hopes to guarantee a consistent quality and plentiful quantity of caviar that wild harvesting simply cannot.

"In nature the fish don't reliably get what they need," says Abu Awad. "Here we feed them organically and we pamper them."

Like many of life's finer things, caviar requires considerable investment of both time and money. So far Bin Salem Holding has poured close to Dh55million into the project, with work having begun on the TRCC facility in 2008.

When running at capacity the farm will produce 35 tonnes of caviar, representing 10 per cent of the global market, and up to 710 tonnes of sturgeon meat and fillets. Given that the retail price of their caviar will be around Dh20 a gram, it doesn't take a genius to see just how lucrative this industry could prove.

A shipment of 120,000 tonnes of mature fish will soon be delivered from Germany, allowing the first commercial harvest towards the end of next year. But it will be five years before UAE customers can pop open a jar of truly local caviar and spoon it onto their blini pancakes. That is the length of time between hatching and maturity in farmed sturgeon. The first TRCC fingerlings hatched in September and have begun their journey through a series of ever-larger rearing tanks as they grow from 0.02 grams to their full 10 kilograms.

Not all will last that long – at two to three years the gender of each fish is determined and the males are summarily dispatched, leaving the females to continue their pampered existence to maturity.

In the wild it can take more than 10 years for a fish to produce caviar. Here it will take just half of that. It is not, Abu Awad is quick to point out, a question of simply focusing on bulking up their livestock. "We need them to grow the right way and to grow healthily," he says.

Their feed is organic and chemical free, 90 per cent of the water is recirculated through bio-filters and the remaining 10 per cent flushed and used to irrigate Abu Dhabi's green areas.

Everything in TRCC's facility is bespoke and state of the art: from the feeding robot – it runs on tracks suspended from the ceiling – depositing precisely the right mix of dry feed with the right frequency to the various growing tanks, to the monitors that measure pH levels, ozone presence, temperature, chemistry and bacteria levels and send all that information to a central computer.

After five years an ultrasound is used to check for caviar. If there, a biopsy is used to extract a sample. If the eggs are white, the harvest is another six months away; if grey, three months are needed, if black, it is time and the fish are kept unfed in fresh cold water for six weeks so that any off-tastes – muddiness or oiliness – are flushed from their flesh, which will be turned into fillets, and their caviar, which is really what the whole process is all about.

The finished product will not be cheaper than wild caviar. There is no surer way of killing the allure of luxury than offering it cut price. Besides, if TRCC's ambitions are achieved, then one day UAE caviar farmed in Musaffah will equal or better anything Beluga, Ossetra and Sevruga have to offer.

One day it will prove to be the UAE's other black gold.

Status quo of roe

There are four main types of caviar: Beluga, Sterlet, Ossetra and Sevruga, each named after the type of sturgeon from which the roe - or unfertilised eggs - is harvested. Only the sifted, salted roe of sturgeon can be labelled simply caviar with no further description.

- Beluga is the rarest and costliest and grey/black in colour.

- Sterlet is golden, Ossetra is brown and Sevruga is grey.

- Beluga sturgeon swim in the Caspian Sea but overfishing has endangered stocks.

- Lake Sturgeon can be found in the Great Lakes of North America and were once so abundant that the US was the world's leading producer of caviar. During the 1800s it was so plentiful it was served as a bar snack in saloons - the salty taste encouraging customers' thirst.

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1,228 - games at the helm, ahead of Sunday's Premier League fixture against West Ham United.
704 - wins to date as Arsenal manager.
3 - Premier League title wins, the last during an unbeaten Invincibles campaign of 2003/04.
1,549 - goals scored in Premier League matches by Wenger's teams.
10 - major trophies won.
473 - Premier League victories.
7 - FA Cup triumphs, with three of those having come the last four seasons.
151 - Premier League losses.
21 - full seasons in charge.
49 - games unbeaten in the Premier League from May 2003 to October 2004.

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1. Black holes are objects whose gravity is so strong not even light can escape their pull

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4. The biggest black holes lurk at the centre of many galaxies, including our own

5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed

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Artist: Coldplay

Label: Parlophone/Atlantic

Number of tracks: 10

Rating: 3/5

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Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
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Starring: Ajay Devgn, Tabu, Shantanu Maheshwari, Jimmy Shergill, Saiee Manjrekar

Director: Neeraj Pandey

Rating: 2.5/5

THE BIO

Ms Al Ameri likes the variety of her job, and the daily environmental challenges she is presented with.

Regular contact with wildlife is the most appealing part of her role at the Environment Agency Abu Dhabi.

She loves to explore new destinations and lives by her motto of being a voice in the world, and not an echo.

She is the youngest of three children, and has a brother and sister.

Her favourite book, Moby Dick by Herman Melville helped inspire her towards a career exploring  the natural world.

Top investing tips for UAE residents in 2021

Build an emergency fund: Make sure you have enough cash to cover six months of expenses as a buffer against unexpected problems before you begin investing, advises Steve Cronin, the founder of DeadSimpleSaving.com.

Think long-term: When you invest, you need to have a long-term mindset, so don’t worry about momentary ups and downs in the stock market.

Invest worldwide: Diversify your investments globally, ideally by way of a global stock index fund.

Is your money tied up: Avoid anything where you cannot get your money back in full within a month at any time without any penalty.

Skip past the promises: “If an investment product is offering more than 10 per cent return per year, it is either extremely risky or a scam,” Mr Cronin says.

Choose plans with low fees: Make sure that any funds you buy do not charge more than 1 per cent in fees, Mr Cronin says. “If you invest by yourself, you can easily stay below this figure.” Managed funds and commissionable investments often come with higher fees.

Be sceptical about recommendations: If someone suggests an investment to you, ask if they stand to gain, advises Mr Cronin. “If they are receiving commission, they are unlikely to recommend an investment that’s best for you.”

Get financially independent: Mr Cronin advises UAE residents to pursue financial independence. Start with a Google search and improve your knowledge via expat investing websites or Facebook groups such as SimplyFI. 

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Abu Dhabi Grand Slam Jiu-Jitsu World Tour Calendar 2018/19

July 29: OTA Gymnasium in Tokyo, Japan

Sep 22-23: LA Convention Centre in Los Angeles, US

Nov 16-18: Carioca Arena Centre in Rio de Janeiro, Brazil

Feb 7-9: Mubadala Arena in Abu Dhabi, UAE

Mar 9-10: Copper Box Arena in London, UK

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Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners