Dr Emma Bowden, a geologist for an oil company, says she never has an "average" day.
Dr Emma Bowden, a geologist for an oil company, says she never has an "average" day.

'I ended up following my dad's advice'



Dr Emma Bowden Sadrpanah, 32, is a geologist for Schlumberger, an international oil services company based in Abu Dhabi.
I was born in London and before coming to Abu Dhabi my husband and I were working in Aberdeen and Bucharest. We both work for the same company and are both on international assignments which means we are transferred to different locations and often different jobs every two to three years. Working for the same company is great as the company finds us both jobs in the same location, so we have the opportunity to follow our ambitions and develop our own careers. When Abu Dhabi was suggested to us as our next move we jumped at the chance.
I don't have an "average" day in my job and that's what I love about it. I do training, support and consultancy for a very popular 3D geological modelling software called Petrel. It is used by a lot of oil and gas companies worldwide so I get the opportunity to work with a lot of different people from a lot of different places, which I really enjoy.
I get up when my alarm goes off: the time depends on where I am going that day and what I need to do. At the moment I work as part of a team that covers four countries ? the UAE, Oman, Pakistan and Yemen, but I mainly concentrate on our clients in Abu Dhabi.
I am an only child, and I have a very small family; just me, my mum and dad. I am lucky my parents are very adventurous and love to travel so they come to visit me whenever they can, wherever I happen to be. Whenever I tell my mum we are going to move to a new location the first thing she does is get out the holiday brochures to plan her next visit. Also my mum and I email and phone each other a lot so we don't get a chance to miss each other too much.
I most like the feeling of tolerance and freedom in Abu Dhabi. You see people of so many different nationalities, religions and backgrounds living, working and interacting comfortably alongside one another. I also really appreciate the feeling of safety in Abu Dhabi; when I go out alone as a woman I have never felt threatened or at risk of crime: this is a great freedom.
I also love the fact I am living on a desert island; the date palms, the fact it's summer all year round and seeing the beautiful blue water in the Gulf every day makes me smile. We are really looking forward to taking some scuba diving courses in the UAE and Oman. It's a real treat being able to dive without needing a wetsuit.
When I was growing up I had a lot of crazy ideas of what I wanted to be, ranging from being a ballet dancer to the president of the United States. I ended up following my dad's advice, which was "always do something you enjoy, that way you will be prepared to put in the time needed to become really good at it". So I ended up falling into being a geologist by selecting the subjects I was going to study at school and university by doing what I enjoyed most. It seems to have worked as I am happy where I ended up.
I spent seven years at University College London; I did my BSc and PhD there and enjoyed every minute of my time there. It was a great place to study and learn in a liberal environment, all right in the centre of London.
My one regret is not being able to spend more time with friends. Having chosen a lifestyle where my husband and I are moving locations and living in different countries we get to meet a lot of great people, but it also means leaving good friends behind when it's time to move on to the next place. Because we have friends scattered across several continents and we both work full time, it's hard to find the time to catch up with all our friends as often as we would like. We keep in contact with email as often as possible, but a lot of my friends are at the stage where they are having babies or have young children and I regret not being about more to share their special times with them.
@email:rbehan@thenational.ae

THE SPECS

Engine: 6.75-litre twin-turbocharged V12 petrol engine 

Power: 420kW

Torque: 780Nm

Transmission: 8-speed automatic

Price: From Dh1,350,000

On sale: Available for preorder now

Europe’s rearming plan
  • Suspend strict budget rules to allow member countries to step up defence spending
  • Create new "instrument" providing €150 billion of loans to member countries for defence investment
  • Use the existing EU budget to direct more funds towards defence-related investment
  • Engage the bloc's European Investment Bank to drop limits on lending to defence firms
  • Create a savings and investments union to help companies access capital
KEY%20DATES%20IN%20AMAZON'S%20HISTORY
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THE LIGHT

Director: Tom Tykwer

Starring: Tala Al Deen, Nicolette Krebitz, Lars Eidinger

Rating: 3/5

How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

Vidaamuyarchi

Director: Magizh Thirumeni

Stars: Ajith Kumar, Arjun Sarja, Trisha Krishnan, Regina Cassandra

Rating: 4/5

 

The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
GROUPS

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Novak Djokovic (x1)
Alexander Zverev (x3)
Marin Cilic (x5)
John Isner (x8)

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Roger Federer (x2)
Kevin Anderson (x4)
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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.”

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
Company%20Profile
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