BAGHDAD // For more than a decade, Yunis Ouda al Abbadi lived and worked in Lebanon, settling into a regular job at a petrol station, predictably perhaps, falling in love with the cosmopolitan rhythms of Beirut.
He also fell in love with a Lebanese woman and, as soon as he had saved enough money, the two planned to marry.
Those dreams were shattered in 2006 when, at 34, he was told by his father to urgently return to Amara in Iraq, the city of his birth. Fearing some catastrophe had befallen his family, he packed a bag and left Lebanon immediately. Arriving at his father's house, he quickly realised the only problem was his own; in accordance with local tribal traditions, it had been arranged that he would marry a cousin, whether he liked it or not.
"I rushed home thinking someone had been hurt. They wouldn't tell me anything on the phone, so I just went as fast as I could," he said.
"When I got there, my father and my uncles told me about my marriage, that it had all been arranged and decided."
Mr al Abbadi said his family and tribe piled pressure on him to accept, making it clear that he would shame them if he refused. Holding out against the plan, he decided to leave Amara, but the tribe intervened, using its power and connections to prevent him skipping town.
"I'd never even seen this woman before," Mr al Abbadi, now 38 years old, recalled. "When I was young and would visit my uncle's house, I couldn't see her or talk to her, it was never allowed. It's another of our traditions."
Eventually, for the sake of his family's reputation, he agreed to the arranged marriage but, four years later and now a father of three, the shock of events has still not worn off.
"I'd lived in Beirut since I was 22, I had all these modern ideas, I'd seen that kind of life and then I was suddenly brought back into this," he said. "My wife isn't the woman I wanted. She has a different outlook to me. She'd never even left the house, really. She has no education. She's not someone I can talk to.
"I don't love her. I won't divorce her because of the children and because it is my destiny, but this kind of thing should stop. I hate my father for this, I hate my uncles, I hate my tribe."
Arranged marriages are common in Iraq, and it is also typical, certainly in areas outside of Baghdad, for cousins to marry. Under Iraqi law, it is illegal to force such a marriage against the will of either the man or the woman. In practice, however, compulsion is far from rare.
Tribal leaders justify the practice on grounds of culture, tradition and practical common sense. Marriages kept within a tribe ensure its strength and unity, and, they say, are less likely to end in divorce.
Varyes al Masoud, a sheikh from the Shammari tribe, said: "I always recommend that cousins marry. It is our way and it is better for everyone. Cousins can support one another, they have shared backgrounds and expectations, and it keeps the tribe strong."
If men wanted to marry outside of the tribe, Sheikh Masoud said, it was allowed as long as he approved the woman as suitable. Women were not allowed to marry men from outside the tribe.
"If a woman wants to marry outside the tribe, she has no rights to do that," he said. "The men in our tribal system know what is best for the women, so we make those decisions."
Cousins are typically pledged to one another at an early age, sometimes at birth, and the promise is considered to be a binding social contract.
It is not only tribal leaders who advocate the practice, and many arranged marriages within an extended family are perfectly happy. Reyson Aboud, a farmer from the Zafaramiyah area on the southern outskirts of Baghdad, married his cousin six years ago. They were betrothed while still children.
"I'm happy and my wife always says she is too. We have a nice life and two healthy children," he said. "We care for each other and in a farming community it is important to have someone from the same background. If I married a stranger, she wouldn't understand what farming life is like.
"I realise that some people do not want to be married this way, and that's fine, but it does work here."
In Baghdad, Mohammad al Shammar, a lawyer, specialises in family cases, including claimants disputing arranged marriages. According to Iraqi statute, it is a criminal offence, punishable by three years in jail and heavy fines, to force a couple to wed. It is also illegal to pledge children to one another, because they are not in a position to give consent.
Technically, any person who has been entered into an arranged marriage he or she is unhappy with can walk into a police station and immediately claim protection from the law. That rarely happens in reality, Mr al Shammar said.
"We have the laws and they used to be enforced under the old regime," he explained. "This government is weak, the police are weak and offer little protection to men or women's rights."
Mr al Shammar said that in addition to actually enforcing legal statutes, the government had to work to educate communities. "It's a big task, but in the end it needs people to be educated about this, and to realise that innocent young men and women should not be pushed into marriage against their will. It should be stopped."
That sentiment was echoed by Fatima al Ali, 51, a woman living in the Iraqi capital.
As a young lady, she had been pledged to her cousin, a man she despised. Rather than wed him, she fled from her home in Diwaniyah, leaving behind her family and friends.
"I was promised to him on the day I was born," she said. "They told me it was our custom, the tribal way, that it was Islamic. I know Islam. There is nothing that says you must marry your cousin. In fact it warns that if you do that your children will be unhealthy."
Ms al Ali works as a hairdresser, earning just enough money to support herself and to rent a room in a flat she shares with a co-worker. She is proud of her independence.
"I would rather have a hard life alone than be with that man," she said. "I may not be totally happy now, but I'm happy enough. There is nothing more miserable than a bad marriage."
@Email:nlatif@thenational.ae
J%20Street%20Polling%20Results
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How will Gen Alpha invest?
Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.
“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.
Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.
He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.
Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”
Score
Third Test, Day 1
New Zealand 229-7 (90 ov)
Pakistan
New Zealand won the toss and elected to bat
COMPANY PROFILE
Name: Qyubic
Started: October 2023
Founder: Namrata Raina
Based: Dubai
Sector: E-commerce
Current number of staff: 10
Investment stage: Pre-seed
Initial investment: Undisclosed
If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.
When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.
How to get there: Emirates currently flies from Dubai to Orlando five times a week.
COMPANY%20PROFILE
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Nayanthara: Beyond The Fairy Tale
Starring: Nayanthara, Vignesh Shivan, Radhika Sarathkumar, Nagarjuna Akkineni
Director: Amith Krishnan
Rating: 3.5/5
The biog
Year of birth: 1988
Place of birth: Baghdad
Education: PhD student and co-researcher at Greifswald University, Germany
Hobbies: Ping Pong, swimming, reading
Sri Lanka's T20I squad
Thisara Perera (captain), Dilshan Munaweera, Danushka Gunathilaka, Sadeera Samarawickrama, Ashan Priyanjan, Mahela Udawatte, Dasun Shanaka, Sachith Pathirana, Vikum Sanjaya, Lahiru Gamage, Seekkuge Prasanna, Vishwa Fernando, Isuru Udana, Jeffrey Vandersay and Chathuranga de Silva.
Kanguva
Director: Siva
Stars: Suriya, Bobby Deol, Disha Patani, Yogi Babu, Redin Kingsley
Generation Start-up: Awok company profile
Started: 2013
Founder: Ulugbek Yuldashev
Sector: e-commerce
Size: 600 plus
Stage: still in talks with VCs
Principal Investors: self-financed by founder
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
Company%20Profile
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The specs
Engine: 2.0-litre 4-cylinder turbo
Power: 240hp at 5,500rpm
Torque: 390Nm at 3,000rpm
Transmission: eight-speed auto
Price: from Dh122,745
On sale: now
The specs
Engine: 1.6-litre 4-cyl turbo
Power: 217hp at 5,750rpm
Torque: 300Nm at 1,900rpm
Transmission: eight-speed auto
Price: from Dh130,000
On sale: now
The National Archives, Abu Dhabi
Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.
Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en
The specs
Engine: 2.0-litre 4-cyl, 48V hybrid
Transmission: eight-speed automatic
Power: 325bhp
Torque: 450Nm
Price: Dh289,000
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
Wicked
Director: Jon M Chu
Stars: Cynthia Erivo, Ariana Grande, Jonathan Bailey
UAE currency: the story behind the money in your pockets
Electoral College Victory
Trump has so far secured 295 Electoral College votes, according to the Associated Press, exceeding the 270 needed to win. Only Nevada and Arizona remain to be called, and both swing states are leaning Republican. Trump swept all five remaining swing states, North Carolina, Georgia, Pennsylvania, Michigan and Wisconsin, sealing his path to victory and giving him a strong mandate.
Popular Vote Tally
The count is ongoing, but Trump currently leads with nearly 51 per cent of the popular vote to Harris’s 47.6 per cent. Trump has over 72.2 million votes, while Harris trails with approximately 67.4 million.
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.”
SPECS
Engine: 4-litre V8 twin-turbo
Power: 630hp
Torque: 850Nm
Transmission: 8-speed Tiptronic automatic
Price: From Dh599,000
On sale: Now
The specs
Engine: 4-litre twin-turbo V8
Transmission: nine-speed
Power: 542bhp
Torque: 700Nm
Price: Dh848,000
On sale: now
COMPANY%20PROFILE
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Bookshops: A Reader's History by Jorge Carrión (translated from the Spanish by Peter Bush),
Biblioasis
Abu Dhabi GP schedule
Friday: First practice - 1pm; Second practice - 5pm
Saturday: Final practice - 2pm; Qualifying - 5pm
Sunday: Etihad Airways Abu Dhabi Grand Prix (55 laps) - 5.10pm
Killing of Qassem Suleimani
Citadel: Honey Bunny first episode
Directors: Raj & DK
Stars: Varun Dhawan, Samantha Ruth Prabhu, Kashvi Majmundar, Kay Kay Menon
Rating: 4/5
Wenger's Arsenal reign in numbers
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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Company%20Profile
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COMPANY PROFILE
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
Profile of VoucherSkout
Date of launch: November 2016
Founder: David Tobias
Based: Jumeirah Lake Towers
Sector: Technology
Size: 18 employees
Stage: Embarking on a Series A round to raise $5 million in the first quarter of 2019 with a 20 per cent stake
Investors: Seed round was self-funded with “millions of dollars”