Maryam Fattahi Salaam is the owner and chief executive of Physique 57 – a luxurious workout studio at CityWalk in Dubai’s Jumeirah area. The signature Physique 57 class was founded in the US and incorporates cardio, strength training, stretching and recovery for a 57-minute workout that improves flexibility and endurance. Ms Salaam, 31, who has an Iranian background but has lived in the UAE her entire life, is also a qualified attorney.
5.45am
I’ve always been an early riser, and my body clock wakes me at quarter to six every day. I catch up on the news and my emails, usually sent overnight from my partners in New York. I enjoy a little me time and get ready while everyone in the house is asleep.
6.15am
My two boys, Ali, aged six and Rashid, three, are up and we get ready for school. Rashid is obsessed with Thomas the Tank Engine, so he’ll build his railroad and play with trains, while Ali and I revise a French poem he has memorised for school.
6.45am
Breakfast is the one meal my husband, Talal Salaam, our boys and I always sit together for. I’m a creature of habit and wouldn’t mind if I had the same meals day in and day out. I start with a green smoothie, and alternate between my breakfast staples – a bowl of Greek yogurt topped with wheatgerm, bananas and Manuka honey, or almond butter on a slice of seven-grain.
7.30am
As hectic as Dubai’s morning traffic is becoming, I still enjoy school drop-offs for the special quality time it allows the boys and I on the journey over.
8.30am
I arrive at Citywalk, and make a pit stop at Starbucks for my first coffee of the day. I almost always run into a few clients while waiting for my drink, and we catch up before I head to work and they go to class. When at my desk, I quickly scan through more emails before getting to the real work. I’m incredibly passionate about what I do, and feel blessed to be working in a setting where I’m surrounded by inspiring women day after day.
10am
I believe in the saying: “Take care of yourself, and you will be the best caregiver”. Married with two young children, I have found that I’m a better mum and wife when I work out regularly. I try to squeeze in three to four classes a week, and usually decide to jump into one five minutes before it starts. Lucky for me, my office is 10 steps away from one of the studio rooms where classes run throughout the day.
11am
Back at my desk for more work, including a meeting with our studio director and master trainer to discuss upcoming workshops and changes to class schedules.
12pm
I head off site with my husband for a meeting. My husband and I are business partners, and we work closely together on what we call our “third child”.
1.30pm
I do school pickups most days, unless I have an afternoon meeting with my staff in which case my husband takes over. My boys and I lunch at home, except for Mondays. We call it “Mana’eesh Monday” and we go to Al Reef Bakery, the oldest Lebanese bakery and a childhood favourite. It’s special to be reliving, on a certain level, my own childhood with my boys in the country I was born and raised in.
3pm
Back on my BlackBerry catching up on work emails while the boys do their homework. I’m blessed to have found a job where I’m satisfied on a personal level, yet enjoy the flexibility that allows me to play an active role in the day-to-day lives of my children. Flexible means I’m busy most of the time, and happiest as a result.
4.30pm
My boys are football fanatics. We head to football class twice a week. I’m proud to say I’ve officially become a football mum.
6.30pm
My husband and I make it a point to be at home by this time to feed the boys their dinner, bathe them and tuck them into bed. Hands down, my favourite time of the day.
8pm
Telephone calls with Physique 57 in New York happen at this hour, sometimes later. I jump on a conference call with the marketing team in New York to discuss new branding guidelines, social media statistics and upcoming marketing initiatives.
8.30pm
My husband is an incredible cook, and he will occasionally surprise me with my favourite margherita pizza. We unwind post-dinner with a TV show; these days, we’re shamelessly addicted to Shameless.
11pm
I catch up on the day’s news and more work-related emails, trying to get my inbox to zero before calling it a night. I will only fall asleep knowing I have a clean slate for the next day. Lights out.
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The specs
Engine: 3-litre twin-turbo V6
Power: 400hp
Torque: 475Nm
Transmission: 9-speed automatic
Price: From Dh215,900
On sale: Now
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.”
Abu Dhabi traffic facts
Drivers in Abu Dhabi spend 10 per cent longer in congested conditions than they would on a free-flowing road
The highest volume of traffic on the roads is found between 7am and 8am on a Sunday.
Travelling before 7am on a Sunday could save up to four hours per year on a 30-minute commute.
The day was the least congestion in Abu Dhabi in 2019 was Tuesday, August 13.
The highest levels of traffic were found on Sunday, November 10.
Drivers in Abu Dhabi lost 41 hours spent in traffic jams in rush hour during 2019
The%20specs
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The specs: 2018 BMW R nineT Scrambler
Price, base / as tested Dh57,000
Engine 1,170cc air/oil-cooled flat twin four-stroke engine
Transmission Six-speed gearbox
Power 110hp) @ 7,750rpm
Torque 116Nm @ 6,000rpm
Fuel economy, combined 5.3L / 100km
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Director: Laxman Utekar
Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna
Rating: 1/5
Our legal consultant
Name: Dr Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
COMPANY%20PROFILE
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Our legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants
Company%20Profile
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The%20specs
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Moon Music
Artist: Coldplay
Label: Parlophone/Atlantic
Number of tracks: 10
Rating: 3/5
Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
Round 3: February 7-9, Dubai Autodrome – Dubai
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
11 cabbie-recommended restaurants and dishes to try in Abu Dhabi
Iqbal Restaurant behind Wendy’s on Hamdan Street for the chicken karahi (Dh14)
Pathemari in Navy Gate for prawn biryani (from Dh12 to Dh35)
Abu Al Nasar near Abu Dhabi Mall, for biryani (from Dh12 to Dh20)
Bonna Annee at Navy Gate for Ethiopian food (the Bonna Annee special costs Dh42 and comes with a mix of six house stews – key wet, minchet abesh, kekel, meser be sega, tibs fir fir and shiro).
Al Habasha in Tanker Mai for Ethiopian food (tibs, a hearty stew with meat, is a popular dish; here it costs Dh36.75 for lamb and beef versions)
Himalayan Restaurant in Mussaffa for Nepalese (the momos and chowmein noodles are best-selling items, and go for between Dh14 and Dh20)
Makalu in Mussaffa for Nepalese (get the chicken curry or chicken fry for Dh11)
Al Shaheen Cafeteria near Guardian Towers for a quick morning bite, especially the egg sandwich in paratha (Dh3.50)
Pinky Food Restaurant in Tanker Mai for tilapia
Tasty Zone for Nepalese-style noodles (Dh15)
Ibrahimi for Pakistani food (a quarter chicken tikka with roti costs Dh16)
Quick%20facts
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Company%20profile
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A State of Passion
Directors: Carol Mansour and Muna Khalidi
Stars: Dr Ghassan Abu-Sittah
Rating: 4/5
Know your Camel lingo
The bairaq is a competition for the best herd of 50 camels, named for the banner its winner takes home
Namoos - a word of congratulations reserved for falconry competitions, camel races and camel pageants. It best translates as 'the pride of victory' - and for competitors, it is priceless
Asayel camels - sleek, short-haired hound-like racers
Majahim - chocolate-brown camels that can grow to weigh two tonnes. They were only valued for milk until camel pageantry took off in the 1990s
Millions Street - the thoroughfare where camels are led and where white 4x4s throng throughout the festival
Formula%204%20Italian%20Championship%202023%20calendar
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Takreem Awards winners 2021
Corporate Leadership: Carl Bistany (Lebanon)
Cultural Excellence: Hoor Al Qasimi (UAE)
Environmental Development and Sustainability: Bkerzay (Lebanon)
Environmental Development and Sustainability: Raya Ani (Iraq)
Humanitarian and Civic Services: Women’s Programs Association (Lebanon)
Humanitarian and Civic Services: Osamah Al Thini (Libya)
Excellence in Education: World Innovation Summit for Education (WISE) (Qatar)
Outstanding Arab Woman: Balghis Badri (Sudan)
Scientific and Technological Achievement: Mohamed Slim Alouini (KSA)
Young Entrepreneur: Omar Itani (Lebanon)
Lifetime Achievement: Suad Al Amiry (Palestine)
COMPANY%20PROFILE
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SPECS
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Bib%20Gourmand%20restaurants
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FROM%20THE%20ASHES
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High profile Al Shabab attacks
- 2010: A restaurant attack in Kampala Uganda kills 74 people watching a Fifa World Cup final football match.
- 2013: The Westgate shopping mall attack, 62 civilians, five Kenyan soldiers and four gunmen are killed.
- 2014: A series of bombings and shootings across Kenya sees scores of civilians killed.
- 2015: Four gunmen attack Garissa University College in northeastern Kenya and take over 700 students hostage, killing those who identified as Christian; 148 die and 79 more are injured.
- 2016: An attack on a Kenyan military base in El Adde Somalia kills 180 soldiers.
- 2017: A suicide truck bombing outside the Safari Hotel in Mogadishu kills 587 people and destroys several city blocks, making it the deadliest attack by the group and the worst in Somalia’s history.
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