It’s a sunny weekend in Venice where Simone Fattal is showcasing her work alongside artists Petrit Halilaj and Alvaro Urbano in a exhibition called Thus Waves Come In Pairs.
Located in an airy deconsecrated church in the Castello district, taken over by the TBA21–Academy in 2019, the title comes from the poem Sea and Fog by her partner, the late poet and painter Etel Adnan.
The exhibition, curated by Barbara Casavecchia, is an exploration of the Mediterranean inspired by a conversation she and Adnan had in their Parisian home in 2021 a few months before Adnan's death.
In this conversation, Syrian artist Fattal and Lebanese-American poet and painter Adnan speak of the history of the Mediterranean and what it means to each of them. For Adnan, there were "many Mediterraneans: the geographical, the historical, the philosophical ... the personal, the one we swim in".
Fattal, meanwhile, talks about the Mediterranean as a “sea of hope” for those fleeing conflict, but adds that “many times what they find on this journey is risk, rejection, drowning, death”.
Here in the serene and bright baroque Church of San Lorenzo, now known as Ocean Space, it’s hard to conjure up that sense of horror.
“The sea is right there, though, behind this wall,” says Fattal, with a tone of gravity.
In one of the empty niches above the altar, there’s a bright yellow abstract figure of a young boy; in the other stands a mirrored wall and an oval canvas with the exhortation "Know Thyself" in ancient Greek, taken from the Temple of Apollo in Delphi and “linking the church to a former temple”.
On the floor there are a series of pink spheres made of Murano glass, a beautiful interpretation in clay of bricole, the large wooden posts bound together that guide boats through the Venetian lagoon, and two monumental figures in clay representing Mayya and Ghaylan, lovers celebrated in classical Arab poetry and Islamic folklore – in the Arabian Gulf, the pair are known for being involved in the pearl trade. They stand at once separated and united by a ‘golden sea’ of glass tiles.
The four unglazed earthenware posts, or bricole – fired at 1,200°C and then cooled in a wood-fired kiln over several days – are a panoply of brown and red, achieved without any addition of colour.
“The heat brings out the colour of the different elements in the clay – stone, fire, iron – so you have all these different hues,” says Fattal, pointing to the lighter parts of the pieces where the posts were resting in the kiln.
“It’s the same clay, it's just how the heat hits. And this is what’s so interesting about a wood kiln because you don't have these hues when you fire in an electric oven.”
By contrast the pink glass pearls look smooth and pretty from a distance, yet up close, you can see that each features a short segment of a 14th-century poem called Contrasto della Zerbitana (The Conflict with the Woman of Djerba).
This poem speaks of a verbal duel between a sailor and the mother of the woman he has mistreated on the island of Djerba. It is also a poem written in Sabir, a lingua franca, or hybrid language, made up of Italian, Arabic, French and Spanish words that was once spoken by merchants, prisoners, pirates and slaves in all Mediterranean ports between the 11th and 19th centuries.
“I happened to read a book about this and was fascinated because this language linked all the people of the Mediterranean but it's something that’s been forgotten,” says Fattal. Unlike the lingua franca of today – English – which speaks of British colonialism and domination over countless lands, Sabir was a language without a territory.
“Half of the Mediterranean is Arab, from North Africa all the way to Turkey. So Arabs and Europeans live together,” Fattal also points out. It’s this sense of the Mediterranean as both a whole and a fractured geo-politicised entity that Fattal is gently probing here, warning against forgetting communal histories.
Fattal believes people have forgotten this diversity, because they don't read anymore. She, on the other hand, devours books and publishes them through her own independent imprint Post-Apollo Press – finding inspiration for most of her work in the pages of poems and epics. “I am thinking of Socrates, The Epic of Gilgamesh, among others,” she explains.
Despite Fattal having been born in Syria, the birthplace of glass, the Venice show is the first time she has worked with it. “I adore glass,” she says, enthusiastically recalling a friend in Damascus who showed her how it was blown.
But clay is still her great love. “Pottery has been with man from the beginning … it's his counterpart somehow. It comes from the earth.” As a material, clay is “alive and fragile, you are directly in contact with it, kneading it and making it with your hands, whereas glass is one step removed”. Yet, there are commonalities between clay and glass: “Both go through fire. Well clay has two firings, which means you get twice as many possibilities of failing,” she says, with a laugh.
Fattal is disarmingly honest and open. When asked if her home country was always on Adnan’s mind, she replies: “Until her last minute.”
“She would have loved to go back but couldn't travel anymore. She would read the Lebanese newspapers online and get news flashes in the middle of the day and in between she would ask me if things were getting better there...” Fattal tails off and is visibly upset.
Fattal says she has started going again to Lebanon regularly “but that everyone is in a bad situation there. After more than 30 years of problems and war, they are exhausted. They have a new problem every day. It just goes on and goes on.”
Fattal and Adnan left Beirut in 1980 due to the Civil War and moved to California, before Paris, but not before weathering five long years of upheaval and danger.
“I really didn’t want to leave,” she says. “But everything was a challenge. Everything was at your own risk. At any moment you could have been shot and died.”
The title of her contribution to the exhibition – Sempre il mare, uomo libero amerai (Free man, you will love the sea endlessly) – was taken from a Baudelaire poem called L’homme et la mer (Man and the sea).
“I chose it because it spoke of the sea and because it spoke of freedom,” she says. “It is all we want. We want to be free to think, to work and to travel.”
Thus Waves Come In Pairs is showing at Ocean Space, Venice until November 5. For more information, visit: www.tba21.org/thuswavescomeinpairs
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.”
Champions League Last 16
Red Bull Salzburg (AUT) v Bayern Munich (GER)
Sporting Lisbon (POR) v Manchester City (ENG)
Benfica (POR) v Ajax (NED)
Chelsea (ENG) v Lille (FRA)
Atletico Madrid (ESP) v Manchester United (ENG)
Villarreal (ESP) v Juventus (ITA)
Inter Milan (ITA) v Liverpool (ENG)
Paris Saint-Germain v Real Madrid (ESP)
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Should late investors consider cryptocurrencies?
Wealth managers recommend late investors to have a balanced portfolio that typically includes traditional assets such as cash, government and corporate bonds, equities, commodities and commercial property.
They do not usually recommend investing in Bitcoin or other cryptocurrencies due to the risk and volatility associated with them.
“It has produced eye-watering returns for some, whereas others have lost substantially as this has all depended purely on timing and when the buy-in was. If someone still has about 20 to 25 years until retirement, there isn’t any need to take such risks,” Rupert Connor of Abacus Financial Consultant says.
He adds that if a person is interested in owning a business or growing a property portfolio to increase their retirement income, this can be encouraged provided they keep in mind the overall risk profile of these assets.
Dirham Stretcher tips for having a baby in the UAE
Selma Abdelhamid, the group's moderator, offers her guide to guide the cost of having a young family:
• Buy second hand stuff
They grow so fast. Don't get a second hand car seat though, unless you 100 per cent know it's not expired and hasn't been in an accident.
• Get a health card and vaccinate your child for free at government health centres
Ms Ma says she discovered this after spending thousands on vaccinations at private clinics.
• Join mum and baby coffee mornings provided by clinics, babysitting companies or nurseries.
Before joining baby classes ask for a free trial session. This way you will know if it's for you or not. You'll be surprised how great some classes are and how bad others are.
• Once baby is ready for solids, cook at home
Take the food with you in reusable pouches or jars. You'll save a fortune and you'll know exactly what you're feeding your child.
START-UPS%20IN%20BATCH%204%20OF%20SANABIL%20500'S%20ACCELERATOR%20PROGRAMME
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Forced%20Deportations
%3Cp%3EWhile%20the%20Lebanese%20government%20has%20deported%20a%20number%20of%20refugees%20back%20to%20Syria%20since%202011%2C%20the%20latest%20round%20is%20the%20first%20en-mass%20campaign%20of%20its%20kind%2C%20say%20the%20Access%20Center%20for%20Human%20Rights%2C%20a%20non-governmental%20organization%20which%20monitors%20the%20conditions%20of%20Syrian%20refugees%20in%20Lebanon.%3C%2Fp%3E%0A%3Cp%3E%E2%80%9CIn%20the%20past%2C%20the%20Lebanese%20General%20Security%20was%20responsible%20for%20the%20forced%20deportation%20operations%20of%20refugees%2C%20after%20forcing%20them%20to%20sign%20papers%20stating%20that%20they%20wished%20to%20return%20to%20Syria%20of%20their%20own%20free%20will.%20Now%2C%20the%20Lebanese%20army%2C%20specifically%20military%20intelligence%2C%20is%20responsible%20for%20the%20security%20operation%2C%E2%80%9D%20said%20Mohammad%20Hasan%2C%20head%20of%20ACHR.%3Cbr%3EIn%20just%20the%20first%20four%20months%20of%202023%20the%20number%20of%20forced%20deportations%20is%20nearly%20double%20that%20of%20the%20entirety%20of%202022.%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3ESince%20the%20beginning%20of%202023%2C%20ACHR%20has%20reported%20407%20forced%20deportations%20%E2%80%93%20200%20of%20which%20occurred%20in%20April%20alone.%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3EIn%20comparison%2C%20just%20154%20people%20were%20forcfully%20deported%20in%202022.%3C%2Fp%3E%0A
Violence%20
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Our legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
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
Revival
Eminem
Interscope
Key findings of Jenkins report
- Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
- Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
- Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
- Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
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UAE currency: the story behind the money in your pockets
What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
Dubai Bling season three
Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed
Rating: 1/5
COMPANY PROFILE
Name: Mamo
Year it started: 2019 Founders: Imad Gharazeddine, Asim Janjua
Based: Dubai, UAE
Number of employees: 28
Sector: Financial services
Investment: $9.5m
Funding stage: Pre-Series A Investors: Global Ventures, GFC, 4DX Ventures, AlRajhi Partners, Olive Tree Capital, and prominent Silicon Valley investors.
Your rights as an employee
The government has taken an increasingly tough line against companies that fail to pay employees on time. Three years ago, the Cabinet passed a decree allowing the government to halt the granting of work permits to companies with wage backlogs.
The new measures passed by the Cabinet in 2016 were an update to the Wage Protection System, which is in place to track whether a company pays its employees on time or not.
If wages are 10 days late, the new measures kick in and the company is alerted it is in breach of labour rules. If wages remain unpaid for a total of 16 days, the authorities can cancel work permits, effectively shutting off operations. Fines of up to Dh5,000 per unpaid employee follow after 60 days.
Despite those measures, late payments remain an issue, particularly in the construction sector. Smaller contractors, such as electrical, plumbing and fit-out businesses, often blame the bigger companies that hire them for wages being late.
The authorities have urged employees to report their companies at the labour ministry or Tawafuq service centres — there are 15 in Abu Dhabi.
North Pole stats
Distance covered: 160km
Temperature: -40°C
Weight of equipment: 45kg
Altitude (metres above sea level): 0
Terrain: Ice rock
South Pole stats
Distance covered: 130km
Temperature: -50°C
Weight of equipment: 50kg
Altitude (metres above sea level): 3,300
Terrain: Flat ice
UAE currency: the story behind the money in your pockets
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