Zayed National Museum was the shining star of the 54th National Day show ahead of its grand opening, as the UAE's remarkable journey from desert land to global metropolis took centre stage.
The annual extravaganza – which celebrates the birth of the Emirates on December 2, 1971 – was beamed live to all seven emirates from the venue, which is primed to be a jewel in the crown of Abu Dhabi's Saadiyat Cultural District.
President Sheikh Mohamed inaugurated the museum on Tuesday evening, before it opens on Wednesday, alongside the rulers of the six other emirates, crown princes and other dignitaries – in a display of unity at an event marking the foundation of a nation.
The Zayed National Museum stands as a monument that pays tribute to the legacy of the late Sheikh Zayed – encompassing his leadership, vision, and enduring humanitarian values, Sheikh Mohamed said, reported state news agency Wam.
He also added the museum connects the UAE’s rich past with its present and future, and serves as a gateway for people to explore and understand the country’s culture, heritage, and traditions across generations.
The museum will have a key role in documenting milestones in the UAE's history and the achievements that have shaped its identity and global standing, said Sheikh Mohamed.
Preserving and passing on the legacy of the late Sheikh Zayed as a source of inspiration for future generations is a shared national responsibility, he added.
The UAE leader was shown taking pictures as a mesmerising show unfolded, which highlighted how the roots of the past continue to act as the firm foundation to cultivate growth.
The UAE National Orchestra – positioned outside of the spectacular museum as it was illuminated against the night sky – offered a stirring soundtrack as the show began by paying homage to the grand architect of the country, the UAE's Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan.
Archive footage of the UAE's formative years and those who shaped it was projected on to the museum, which served as a stunning backdrop to a series of theatrical performances held on its sprawling grounds.
A narrator told of how Sheikh Zayed was a “guardian of the desert” and “explorer of the seas” who recognised that “true wealth lies in people” and that “God's blessings must be shared”.
Archive footage and artistic performances documented the journey of the nation’s communities across thousands of years, leading to the unification of the seven emirates up to the present day.
A 1966 Chrysler Newport rescued and restored from sunny Californian was a fitting vehicle to help tell the rich story of the Emirates, and a reflection of the nation’s enduring love for the car.
The official ceremony marking National Day, known as Eid Al Etihad, showcased key artefacts from Zayed National Museum, which will officially open on Wednesday, and narration from the radio inside the classic Chrysler car, painted black.
Celebrating UAE's driving force
The show’s opening scene featured footage from the 1968 documentary Farewell Arabia featuring UAE Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan in the Chrysler Newport car.
An almost exact match was tracked down in the US, and brought back to the UAE to go on museum display.
The footage reflected the way Sheikh Zayed envisioned roads through the desert, and how we walk those paths today.
The car’s radio acted as a time-travel device, taking the show through the ages on a tour of national growth and development.
An early scene set some 8,000 years ago was of a pearl diver who discovered what is now among the world’s oldest pearls.
It was discovered on the floor of a Neolithic settlement in 2017 and is one of the most significant discoveries on Marawah Island. The archaeological site is more than 100km west of Abu Dhabi.
As the Chrysler’s radio dial flipped forward, the show advanced 5,000 years to reveal Saruq Al Hadid, a window into the UAE’s Iron Age.
The forge produced mighty swords and delicate ornamental carvings. By the light of the Al Jabbar constellation, traveller communities made their way to this centre of industry and creativity, said the narration.
The show then travelled to around 5,000 years ago. It told the tale of carnelian beads and how they became symbols of trade and heritage.
After crossing oceans and seas, the carnelian beads found their way to women in an ancient settlement and were passed down as cherished heirlooms from one generation to the next.
To continue the show’s non-chronological theme, the narrative then went into fast-forward, taking viewers to an early period of currency and finance 2,000 years ago.
The Abiel coin was used for trade throughout coastal settlements. Over the years, coins were carefully shaped and reshaped to represent the evolving identity of the land, with the horse, standing as a local symbol of power, replacing the bird that regularly featured on coins from the time of Alexander the Great, around 4th century BCE.
Look to the stars
The story then swept forward to 600 years ago. This chapter showed how celestial navigation became a critical aspect of building a nation.
By measuring the altitude of the stars, a simple wooden tool, the kamal, transformed navigation. Its carved hands guided sailors such as Ahmad Ibn Majid across vast oceans and opened trade routes, propelling communities forward in the 1400s.
On the path to union, the foundations of a nation were then laid down in the mid-20th century.
The late Sheikh Zayed, then Ruler of Abu Dhabi, envisioned a union that could secure a safe and prosperous future for the region. He convened with the rulers and people of Dubai, Sharjah, Ajman, Umm Al Quwain, Ras Al Khaimah, and Fujairah, strengthening the ties between the brotherly emirates.
That vision became reality 54 years ago when Sheikh Zayed became the President of the UAE, and the country’s flag was raised for the first time.
The show's timeline then entered the present, with a look towards the future.
Footage highlighted innovations from key institutions in the UAE, such as the Abu Dhabi Environmental Agency, Emirates Nuclear Energy Company, M42, the Mohammed Bin Rashid Space Centre and the Technology Innovation Institute, concluding with an Mirage 2000-9 fighter jet soaring in the sky, emulating a space shuttle.
The closing scene of Sheikh Zayed’s car parked at the museum showed that his legacy will live on in the land, sea, and stars.
Trump v Khan
2016: Feud begins after Khan criticised Trump’s proposed Muslim travel ban to US
2017: Trump criticises Khan’s ‘no reason to be alarmed’ response to London Bridge terror attacks
2019: Trump calls Khan a “stone cold loser” before first state visit
2019: Trump tweets about “Khan’s Londonistan”, calling him “a national disgrace”
2022: Khan’s office attributes rise in Islamophobic abuse against the major to hostility stoked during Trump’s presidency
July 2025 During a golfing trip to Scotland, Trump calls Khan “a nasty person”
Sept 2025 Trump blames Khan for London’s “stabbings and the dirt and the filth”.
Dec 2025 Trump suggests migrants got Khan elected, calls him a “horrible, vicious, disgusting mayor”
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.”
MATCH INFO
CAF Champions League semi-finals first-leg fixtures
Tuesday:
Primeiro Agosto (ANG) v Esperance (TUN) (8pm UAE)
Al Ahly (EGY) v Entente Setif (ALG) (11PM)
Second legs:
October 23
more from Janine di Giovanni
UAE currency: the story behind the money in your pockets
Profile Box
Company/date started: 2015
Founder/CEO: Mohammed Toraif
Based: Manama, Bahrain
Sector: Sales, Technology, Conservation
Size: (employees/revenue) 4/ 5,000 downloads
Stage: 1 ($100,000)
Investors: Two first-round investors including, 500 Startups, Fawaz Al Gosaibi Holding (Saudi Arabia)
RESULTS
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Retirement funds heavily invested in equities at a risky time
Pension funds in growing economies in Asia, Latin America and the Middle East have a sharply higher percentage of assets parked in stocks, just at a time when trade tensions threaten to derail markets.
Retirement money managers in 14 geographies now allocate 40 per cent of their assets to equities, an 8 percentage-point climb over the past five years, according to a Mercer survey released last week that canvassed government, corporate and mandatory pension funds with almost $5 trillion in assets under management. That compares with about 25 per cent for pension funds in Europe.
The escalating trade spat between the US and China has heightened fears that stocks are ripe for a downturn. With tensions mounting and outcomes driven more by politics than economics, the S&P 500 Index will be on course for a “full-scale bear market” without Federal Reserve interest-rate cuts, Citigroup’s global macro strategy team said earlier this week.
The increased allocation to equities by growth-market pension funds has come at the expense of fixed-income investments, which declined 11 percentage points over the five years, according to the survey.
Hong Kong funds have the highest exposure to equities at 66 per cent, although that’s been relatively stable over the period. Japan’s equity allocation jumped 13 percentage points while South Korea’s increased 8 percentage points.
The money managers are also directing a higher portion of their funds to assets outside of their home countries. On average, foreign stocks now account for 49 per cent of respondents’ equity investments, 4 percentage points higher than five years ago, while foreign fixed-income exposure climbed 7 percentage points to 23 per cent. Funds in Japan, South Korea, Malaysia and Taiwan are among those seeking greater diversification in stocks and fixed income.
• Bloomberg
BMW M5 specs
Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor
Power: 727hp
Torque: 1,000Nm
Transmission: 8-speed auto
Fuel consumption: 10.6L/100km
On sale: Now
Price: From Dh650,000
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)
The specs: 2019 GMC Yukon Denali
Price, base: Dh306,500
Engine: 6.2-litre V8
Transmission: 10-speed automatic
Power: 420hp @ 5,600rpm
Torque: 621Nm @ 4,100rpm
Fuel economy, combined: 12.9L / 100km
The biog
Born: near Sialkot, Pakistan, 1981
Profession: Driver
Family: wife, son (11), daughter (8)
Favourite drink: chai karak
Favourite place in Dubai: The neighbourhood of Khawaneej. “When I see the old houses over there, near the date palms, I can be reminded of my old times. If I don’t go down I cannot recall my old times.”
UK’s AI plan
- AI ambassadors such as MIT economist Simon Johnson, Monzo cofounder Tom Blomfield and Google DeepMind’s Raia Hadsell
- £10bn AI growth zone in South Wales to create 5,000 jobs
- £100m of government support for startups building AI hardware products
- £250m to train new AI models
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
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Mohammed bin Zayed Majlis
EA Sports FC 26
Publisher: EA Sports
Consoles: PC, PlayStation 4/5, Xbox Series X/S
Rating: 3/5
Company profile
Date started: 2015
Founder: John Tsioris and Ioanna Angelidaki
Based: Dubai
Sector: Online grocery delivery
Staff: 200
Funding: Undisclosed, but investors include the Jabbar Internet Group and Venture Friends
What is a black hole?
1. Black holes are objects whose gravity is so strong not even light can escape their pull
2. They can be created when massive stars collapse under their own weight
3. Large black holes can also be formed when smaller ones collide and merge
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
Company profile
Name: Dukkantek
Started: January 2021
Founders: Sanad Yaghi, Ali Al Sayegh and Shadi Joulani
Based: UAE
Number of employees: 140
Sector: B2B Vertical SaaS(software as a service)
Investment: $5.2 million
Funding stage: Seed round
Investors: Global Founders Capital, Colle Capital Partners, Wamda Capital, Plug and Play, Comma Capital, Nowais Capital, Annex Investments and AMK Investment Office
Other must-tries
Tomato and walnut salad
A lesson in simple, seasonal eating. Wedges of tomato, chunks of cucumber, thinly sliced red onion, coriander or parsley leaves, and perhaps some fresh dill are drizzled with a crushed walnut and garlic dressing. Do consider yourself warned: if you eat this salad in Georgia during the summer months, the tomatoes will be so ripe and flavourful that every tomato you eat from that day forth will taste lacklustre in comparison.
Badrijani nigvzit
A delicious vegetarian snack or starter. It consists of thinly sliced, fried then cooled aubergine smothered with a thick and creamy walnut sauce and folded or rolled. Take note, even though it seems like you should be able to pick these morsels up with your hands, they’re not as durable as they look. A knife and fork is the way to go.
Pkhali
This healthy little dish (a nice antidote to the khachapuri) is usually made with steamed then chopped cabbage, spinach, beetroot or green beans, combined with walnuts, garlic and herbs to make a vegetable pâté or paste. The mix is then often formed into rounds, chilled in the fridge and topped with pomegranate seeds before being served.
UAE currency: the story behind the money in your pockets
Citadel: Honey Bunny first episode
Directors: Raj & DK
Stars: Varun Dhawan, Samantha Ruth Prabhu, Kashvi Majmundar, Kay Kay Menon
Rating: 4/5
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