As part of a co-ordinated day of protests, on February 15, 2003, millions of people worldwide took to the streets to demonstrate against the US coalition’s bombing campaign of Iraq. Among the record one million protesters in London was a little-known street artist.
Using stencils and cut-up pieces of brown cardboard, he created placards for the event: a little girl hugging a gravity bomb as if it were her doll, the word "No" emblazoned across her forehead; a bright yellow bow upon a military helicopter, with the tagline "Wrong War" underneath; a yellow smiley face hidden under the Grim Reaper's hood as he holds out his bony fingers.
The artist gave the placards to his friends and asked them to distribute them in the march. Afterwards, many were confiscated by the Metropolitan Police. Others wound up on the street, crumpled and stepped on. A few made it back to his studio. But since then, they have become sought after and now command many thousands of pounds because their maker has become the famous Banksy.
A full set of the three original placards are now on show, alongside some 90 other works, in No – 20 Years of Stop the War: A Visual Retrospective, at the Nunnery Gallery in London. The exhibition brings together art made for the Stop the War Coalition, which was launched after the 9/11 attacks and is the main organiser of anti-war demonstrations in the UK.
“Street art and political protests are very much intertwined,” says Zayna Al-Saleh, who curated the London exhibition with Chris Nineham, Mayer Wakefield and Terina Hine of Stop the War Coalition. “This is a moment to bridge activism with art in a direct and explicit way. I don't think that happens enough in the art world. We tiptoe around the two things, but with this exhibition art and activism are constantly in dialogue.”
The works are varied, from the documentation of the protests by photographers such as Jess Hurd, Guy Smallman and Steve Eason to works that use the marches as a staging ground. Other pieces reveal a lineage of political art in the UK, such as the work of Peter Kennard, who adapted a photomontage criticising the arms race of the Cold War – a gas mask with US and Soviet flags – to protest against the US-UK coalition in Iraq.
The high-profile names involved with Stop the War Coalition, which organised the 2003 march, shows its cultural reach. Musician Brian Eno has been the group's president since 2007. He contributes a previously unpublished sound piece to the exhibition, while fashion designer Katharine Hamnett shows her text-based protest T-shirts. Dame Vivienne Westwood has donated a limited-edition print, based on a satirical cartoon that evokes a flatulent Donald Trump-Boris Johnson hybrid, which she created to oppose the former president’s 2019 visit to the UK.
The Stop the War Coalition has a long-standing relationship with Middle Eastern countries, organising numerous protests in responses to conflicts in Palestine, Syria, Iraq and elsewhere.
At the exhibition’s opening, a surprise addition of a work was unveiled: a video commemorating the late Tony Benn, a labour leader and supporter of the coalition. It shows Palestinian artist Taqi Spateen spray-painting a quote by Benn on to the wall separating Israel and Palestine, near Bethlehem. Spateen made the work as a gift from the people of Palestine to the Stop the War Coalition, in recognition of the organisation's support for their cause.
“It’s interesting to have a role reversal,” says Al-Saleh, who is Palestinian and grew up in the UK. “You have the country that is usually seen as oppressed, and they're actually showing solidarity with the movement that has shown them solidarity in the past.”
Last summer Spateen also painted a mural of George Floyd, whose murder in Minnesota launched racial injustice protests across the US, on the separation wall, near Banksy’s graffiti.
Al-Saleh participated in the famous 2003 London protest, aged 12, brought by her mother. She became more actively involved with the movement in 2008, when Stop the War was organising protests against the conflict in Gaza. In her day-job, however, she works as a curator and private dealer..
Stop the War has sustained criticism. The organisation is also aligned with the left wing of the Labour Party, which is often at odds with the party's mainstream. However, this history is mostly absent from the exhibition, which documents the wide range of support that the protest movement has enjoyed among prominent cultural figures.
“People say, ‘protest doesn't solve anything’,” says Al-Saleh. “But I feel that the message does come across. The younger generation are more inclined to be anti-war than the older generation, and we’re starting to reap the results of the hard work of the movement. We had the biggest Palestine protests ever recorded in British history only a few months ago, with some 200,000 people attending.”
“With this exhibition, we're honouring the millions of people that attended the protests. But it's also a thank you to the artists.”
No – 20 Years of Stop the War: A Visual Retrospective is at the Nunnery Gallery, London, until Sunday, September 19
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.”
UAE tour of the Netherlands
UAE squad: Rohan Mustafa (captain), Shaiman Anwar, Ghulam Shabber, Mohammed Qasim, Rameez Shahzad, Mohammed Usman, Adnan Mufti, Chirag Suri, Ahmed Raza, Imran Haider, Mohammed Naveed, Amjad Javed, Zahoor Khan, Qadeer Ahmed
Fixtures:
Monday, 1st 50-over match
Wednesday, 2nd 50-over match
Thursday, 3rd 50-over match
UAE currency: the story behind the money in your pockets
THE SPECS
Engine: 2.0-litre 4-cylinder turbo
Power: 275hp at 6,600rpm
Torque: 353Nm from 1,450-4,700rpm
Transmission: 8-speed dual-clutch auto
Top speed: 250kph
Fuel consumption: 6.8L/100km
On sale: Now
Price: Dh146,999
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Company%20profile
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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
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
Day 1 results:
Open Men (bonus points in brackets)
New Zealand 125 (1) beat UAE 111 (3)
India 111 (4) beat Singapore 75 (0)
South Africa 66 (2) beat Sri Lanka 57 (2)
Australia 126 (4) beat Malaysia -16 (0)
Open Women
New Zealand 64 (2) beat South Africa 57 (2)
England 69 (3) beat UAE 63 (1)
Australia 124 (4) beat UAE 23 (0)
New Zealand 74 (2) beat England 55 (2)
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The specs
Engine: 3.5-litre twin-turbo V6
Power: 380hp at 5,800rpm
Torque: 530Nm at 1,300-4,500rpm
Transmission: Eight-speed auto
Price: From Dh299,000 ($81,415)
On sale: Now
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
Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
On sale: Now
Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)
Mohammed bin Zayed Majlis
Citadel: Honey Bunny first episode
Directors: Raj & DK
Stars: Varun Dhawan, Samantha Ruth Prabhu, Kashvi Majmundar, Kay Kay Menon
Rating: 4/5
The specs
Engine: 2-litre 4-cylinder and 3.6-litre 6-cylinder
Power: 220 and 280 horsepower
Torque: 350 and 360Nm
Transmission: eight-speed automatic
Price: from Dh136,521 VAT and Dh166,464 VAT
On sale: now
Guide to intelligent investing
Investing success often hinges on discipline and perspective. As markets fluctuate, remember these guiding principles:
- Stay invested: Time in the market, not timing the market, is critical to long-term gains.
- Rational thinking: Breathe and avoid emotional decision-making; let logic and planning guide your actions.
- Strategic patience: Understand why you’re investing and allow time for your strategies to unfold.
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
Groom and Two Brides
Director: Elie Semaan
Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla
Rating: 3/5