This week, the Academy of Motion Pictures Arts and Sciences announced its shortlists in 10 categories. It’s the annual process in the Oscar race that leads to a whittling down to the final five films before nominations will be announced on February 8. Immediately, and inevitably, the talk turned to the snubs – not least as Julia Ducournau’s French entry Titane did not make the cut, left out of the 15 films shortlisted for the International Feature category.
Given Titane won the Palme d’Or in Cannes earlier this year and has become only the fourth French film to gross more than $1 million at the American box office in the past five years, it certainly constitutes a glaring omission. Then again, this controversial body horror about a psychotic woman with a fixation on cars and killing was always going to be a tough sell for Academy voters, especially to older members of the community.
Yet for every snub, there’s always an inclusion to be celebrated. This year, that is Flee, the Danish entry for the 2022 Oscars, which surely must be considered one of the hot favourites. This acclaimed animated non-fiction film from filmmaker Jonas Poher Rasmussen has been shortlisted for both Best International Feature and Documentary, making it the only film this year to cross over between the two categories.
Detailing the true story of an Afghan refugee and his journey from Kabul to Copenhagen, it’s also the first film in Oscar history to be eligible in the animated, documentary and international categories. Even Ari Folman’s 2008 animated movie Waltz with Bashir, which told of the 1982 Lebanon war, was disqualified from the documentary selection by the academy, due to the film, at the time, not meeting certain release criteria.
Rasmussen’s film bears some comparison to Waltz with Bashir, with both using distinct hand-drawn animation to tell a highly personal tale of trauma. Rasmussen’s work, which has already won the World Cinema Grand Jury Prize – Documentary at the Sundance Film Festival earlier this year, is framed by a series of interviews with "Amin" – an asylum seeker who goes by an assumed name and left Afghanistan in the 1990s when conflict intensified.
Alongside Flee, there are some other movies in the shortlist for international feature that have a chance of making an impact beyond one category. Among them is Ryusuke Hamaguchi’s Japanese three-hour drama Drive My Car, about an actor-director who finds companionship with his female driver, which has received five-star reviews across the board ever since it played at the 2021 Cannes Film Festival, where it won Best Screenplay.
Other Cannes breakouts that made the cut include Valdimar Johannsson’s Icelandic fantasy Lamb, Finnish-made Jury Prize winner Compartment No. 6 and Norwegian romantic-drama The Worst Person in the World, which won Best Actress in Cannes for Renate Reinsve. Also among the contenders is Paolo Sorrentino’s 1980s-set The Hand of God, which took the Silver Lion Grand Jury Prize at Venice this year.
With Sorrentino’s film released by Netflix, the streaming company will doubtless be determined to mount an aggressive awards campaign for the Italian director, who already has Oscar form – winning Best Foreign Language Film for his 2013 drama The Great Beauty. An easy-on-the-eye coming-of-age tale that takes place in Naples, The Hand of God wouldn’t be such a surprise if it landed in the main Best Picture category.
What it does show is that the foreign language berth is no longer considered a ghetto but a competitive category with crossover potential. This year, Thomas Vinterberg’s Danish drama of midlife malaise Another Round won the Best International Feature prize. Doubtless aided by the global appeal of its star Mads Mikkelsen, it also gained Vinterberg his first nomination in the Best Director category.
A year earlier, South Korean tragi-comedy Parasite made Oscar history in 2020 by becoming the first foreign language to take Best Picture. At the time, it was one of only 11 films not in English to have been nominated for the coveted prize in the history of the Oscars, an indication of just how difficult it can be for non-English films to penetrate the American market. Shattering records, Parasite took four Oscars that night, including Best Director and Best Original Screenplay.
Perhaps it was a once-in-a-decade outlier – a film like 2011 French movie The Artist, the silent-era comedy which won five Oscars. Yet Parasite’s director Bong Joon-ho left American audiences with food for thought that night in his acceptance speech: “Once you overcome the one-inch-tall barrier of subtitles, you will be introduced to so many more amazing films.”
A country where foreign movies have often struggled for representation, it looks as if that’s finally changing.
Diverse representation can partly be attributed to streaming platforms like Netflix; with 214 million subscribers around the globe, they don’t just serve the English-language market. Hit shows such as Spain’s Money Heist and South Korea's Squid Game have helped Americans get used to the idea of watching content that doesn’t just come from Hollywood. Meanwhile, distributors like Neon – releasing Titane, Flee and The Worst Person in the World – are specialists in marketing foreign movies to those on in the US.
Admittedly, there is still a long way to go before Flee and The Hand of God can compete on a level playing field with the likes of Steven Spielberg’s musical West Side Story or Ridley Scott’s Italian fashion house murder-mystery House of Gucci (which, let’s face it, will probably trump Sorrentino’s movie among voters, despite the abundance of Italian cliches and dodgy accents from Jared Leto and Lady Gaga).
Yet, should Flee be nominated in the animation category – where it may be up against Disney’s Encanto – it would still be a huge step. Following the US withdrawal of troops from Afghanistan this year, leaving Afghans under Taliban rule, a film like Flee is more relevant than ever.
“It’s just heartbreaking to see how history repeats itself,” Rasmussen told me recently. The more his film can be supported by the Oscars, the more people can hear Amin’s story and understand what life is like for millions of Afghans, even now.
The 94th Academy Awards will take place on March 27, 2022
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Vidaamuyarchi
Director: Magizh Thirumeni
Stars: Ajith Kumar, Arjun Sarja, Trisha Krishnan, Regina Cassandra
Rating: 4/5
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.”
Three ways to boost your credit score
Marwan Lutfi says the core fundamentals that drive better payment behaviour and can improve your credit score are:
1. Make sure you make your payments on time;
2. Limit the number of products you borrow on: the more loans and credit cards you have, the more it will affect your credit score;
3. Don't max out all your debts: how much you maximise those credit facilities will have an impact. If you have five credit cards and utilise 90 per cent of that credit, it will negatively affect your score.
F1 The Movie
Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem
Director: Joseph Kosinski
Rating: 4/5
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The years Ramadan fell in May
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)
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Veil (Object Lessons)
Rafia Zakaria
Bloomsbury Academic
Results
4.30pm Jebel Jais – Maiden (PA) Dh60,000 (Turf) 1,000m; Winner: MM Al Balqaa, Bernardo Pinheiro (jockey), Qaiss Aboud (trainer)
5pm: Jabel Faya – Maiden (PA) Dh60,000 (T) 1,000m; Winner: AF Rasam, Tadhg O’Shea, Ernst Oertel
5.30pm: Al Wathba Stallions Cup – Handicap (PA) Dh70,000 (T) 2,200m; Winner: AF Mukhrej, Tadhg O’Shea, Ernst Oertel
6pm: The President’s Cup Prep – Conditions (PA) Dh100,000 (T) 2,200m; Winner: Mujeeb, Richard Mullen, Salem Al Ketbi
6.30pm: Abu Dhabi Equestrian Club – Prestige (PA) Dh125,000 (T) 1,600m; Winner: Jawal Al Reef, Antonio Fresu, Abubakar Daud
7pm: Al Ruwais – Group 3 (PA) Dh300,000 (T) 1,200m; Winner: Ashton Tourettes, Pat Dobbs, Ibrahim Aseel
7.30pm: Jebel Hafeet – Maiden (TB) Dh80,000 (T) 1,400m; Winner: Nibraas, Richard Mullen, Nicholas Bachalard
What went into the film
25 visual effects (VFX) studios
2,150 VFX shots in a film with 2,500 shots
1,000 VFX artists
3,000 technicians
10 Concept artists, 25 3D designers
New sound technology, named 4D SRL
The five pillars of Islam
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Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Top 10 most polluted cities
- Bhiwadi, India
- Ghaziabad, India
- Hotan, China
- Delhi, India
- Jaunpur, India
- Faisalabad, Pakistan
- Noida, India
- Bahawalpur, Pakistan
- Peshawar, Pakistan
- Bagpat, India
Cricket World Cup League 2
UAE squad
Rahul Chopra (captain), Aayan Afzal Khan, Ali Naseer, Aryansh Sharma, Basil Hameed, Dhruv Parashar, Junaid Siddique, Muhammad Farooq, Muhammad Jawadullah, Muhammad Waseem, Omid Rahman, Rahul Bhatia, Tanish Suri, Vishnu Sukumaran, Vriitya Aravind
Fixtures
Friday, November 1 – Oman v UAE
Sunday, November 3 – UAE v Netherlands
Thursday, November 7 – UAE v Oman
Saturday, November 9 – Netherlands v UAE
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Learn more about Qasr Al Hosn
In 2013, The National's History Project went beyond the walls to see what life was like living in Abu Dhabi's fabled fort:
COMPANY PROFILE
Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
Current number of staff: 47
Youth YouTuber Programme
The programme will be presented over two weeks and will cover the following topics:
- Learning, scripting, storytelling and basic shots
- Master on-camera presence and advanced script writing
- Beating the algorithm and reaching your core audience
Company%20Profile
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Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
The 100 Best Novels in Translation
Boyd Tonkin, Galileo Press