DUBAI // A new group of Emirati women who are passionate about literature is urging others to write about their lives and their country, and to send their stories out into the world.
Untitled Chapters, founded by Fatma Al Bannai, 23, of Dubai, allows writers to post their work on the group's website and offers encouragement as well as feedback.
"I aim to bring together Emirati women who are passionate about writing, be it fiction or poetry," Ms Al Bannai said. "I want to create a place where they will be able to find articles and people who share the same interests. The name Untitled Chapters symbolises the stories that have yet to be written by Emirati writers."
Ms Al Bannai said the group, which held its first meeting late last month at the Pavilion arts centre near the Burj Khalifa, was necessary because of the solitary nature and sheer difficulty of writing.
"Writers need support from outside their family and circle of friends," she said. "The family is a great support system if you want praise because the majority of the time they praise your work and do not give you criticism because they don't want to hurt your feelings.
"With a group it's a bit different. Feedback is one of the most important elements in writing; constructive criticism is very important."
Ms Al Bannai, who has a job in IT and is working on two novels in her spare time, hopes the group will help to fill what she sees as a huge gap in the market - books about the UAE written by Emiratis.
"There are a few stories from the Emirates but the majority are written by non-Emiratis," she said.
"Stories about the UAE are best told by Emiratis because we understand our culture the best."
She said women were particularly well-placed to tell such tales. "Traditionally, stories are told through word of mouth when women gather together and just talk, so they are natural storytellers."
Untitled Chapters is open to Emirati women of all ages. The youngest member is 18-year-old Maryam Al Mansoori of Dubai, a student at Zayed University who writes poetry.
"The fact that long ago women didn't have equal opportunities with men was a challenge," Ms Al Mansoori said. "Nowadays, we have many inspirational women in all sectors, from business to writing. Many love to speak about that journey, what they were and what they have become."
She said the group would provide her with a showcase for her work and enable her to meet other writers.
"I'm not looking for fame," she said. "I just want people to give me feedback and appreciate what I'm doing."
Ms Al Mansoori writes in both English and Arabic. The untitledchapters.com website is in English, though work written in Arabic will also be featured.
Isobel Abulhoul, director of the Emirates Airline Festival of Literature, welcomed the initiative.
"I think that the website that Fatma has founded for Emirati female writers is a wonderful idea, and will offer a hub and an online forum for this particular group of writers to share their work, their ideas, their tips."
csimpson@thenational.ae
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.
Dr Afridi's warning signs of digital addiction
Spending an excessive amount of time on the phone.
Neglecting personal, social, or academic responsibilities.
Losing interest in other activities or hobbies that were once enjoyed.
Having withdrawal symptoms like feeling anxious, restless, or upset when the technology is not available.
Experiencing sleep disturbances or changes in sleep patterns.
What are the guidelines?
Under 18 months: Avoid screen time altogether, except for video chatting with family.
Aged 18-24 months: If screens are introduced, it should be high-quality content watched with a caregiver to help the child understand what they are seeing.
Aged 2-5 years: Limit to one-hour per day of high-quality programming, with co-viewing whenever possible.
Aged 6-12 years: Set consistent limits on screen time to ensure it does not interfere with sleep, physical activity, or social interactions.
Teenagers: Encourage a balanced approach – screens should not replace sleep, exercise, or face-to-face socialisation.
Source: American Paediatric Association
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Banned items
Dubai Police has also issued a list of banned items at the ground on Sunday. These include:
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Political flags or banners
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Bikes, skateboards or scooters
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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