First impressions of Zadie Xa’s presentation at the Sharjah Biennial are largely dependent on what stage of the work you happen to walk into.
The soothing colours of dusks and dawns dominate the room at Sharjah’s Al Hamriyah Studio, but it is the work’s sound components, emanating through hanging sea shells, that largely inform the mood.
You may walk in to wind chimes, the shush of waves rolling ashore, and the whistle of whales. Or you may be greeted with the trilling of a telephone, the frantic clicks of Morse code – and feel the anxiety of a call unanswered, the spookiness of an untraceable and undecipherable message, or the rage of a spurned one. Then there are the melodies, ringing in sustained and haunting pitches, permeating the space with a spectral essence.
But no matter when you happen to enter the space, stay long enough and the mysticism of the work will mesmerise you.
Moonlit Confessions Across Deep Sea Echoes: Your Ancestors Are Whales, and Earth Remembers Everything comprises several elements, from paintings to installation and sound. But it is perhaps best to consider it as a single holistic piece.
The work, which is in the running for the prestigious Turner Prize, was developed in collaboration with Benito Mayor Vallejo. It is largely inspired by Korean shamanistic practices, namely Salpuri. The exorcism dance, known for its graceful and cathartic choreography, was aimed at curtailing bad luck.
“Zadie is Canadian-Korean and has been interested for a long time in thinking through these inheritances that she has,” Amal Khalaf, one of the biennial's co-curators, says.
The paintings in the space explicitly reveal this shamanistic inspiration, especially through the women dancing with the handkerchiefs twirling around them – a defining aspect of Salpuri. The marine motifs are also a tell tale sign.
“Korean shamans are very much using animistic parts of Korean culture, so slightly off the mainstream, and there's a lot of figures and mythological figures that are marine mammals,” Khalaf says.
In Moonlit Confessions, as well as several of her previous works, Xa incorporates shells, fish, whales and other marine imagery in her explorations of these shamanistic rituals and history. The paintings at Al Hamriyah Studio feature humpbacks and orcas, octopuses and even real seashells blended within the work.
The centrepiece of Moonlit Confessions is a chandelier-like installation made up of more than 1,000 brass bells that are arranged in the shape of a conch shell. The work, dubbed Ghost, is suspended in the middle of the space, its bells dormant until spurred to a gentle ring with the slightest touch. The chimes are inspired Korean shamanic ceremonial rattles, and evoke sounds of protection. “It could make lots of sound, but is like waiting for us to make sound,” Khalaf says.
Xa incorporates other influences within the work, drawing from Korean history but also from unexpected sources.
The patchwork in her paintings, for instance, are drawn by traditional Korean quilting methods. The frames are composed out of stitched patches of painted canvas. Xa has incarnated traditional weaving methods in other works, but Khalaf says “this is the first time where she is experimenting with canvas using the same method.”
“Zadie’s influences are not just from Salpuri,” Khalaf adds. “You will see shaman grandmothers in the images, but you will see other characters as well. Music, hip-hop, anime, cartoons, there are different totems and figures that are storytellers.
Moonlit Confessions was developed specifically for the Sharjah Biennial, which is being held under the title To Carry. The theme reflects on the many aspects we individually carry, from memories and homes to languages, histories, wounds and ruptures.
Moonlight Confessions responds to theme conceptually and literally.
The seashells hanging around the space emitting sound were collected by Xa and Vallejo from beaches around the world, including in Sharjah. “They found the shells at specific beaches where they had encounters with the sea and with sea life that was meaningful to them,” Khalaf says. “One is from Greece, one is from Korea, and one is from the beach in Al Hamriyah. They made them speaking shells, and developed these sound pieces that really responded to the idea of To Carry.”
Khalaf says she was thrilled to find out Xa’s work had been shortlisted for the Turner Prize.
“I was really excited,” she says. “I’m so proud of Zadie and Benito. I’ve known Zadie for a long time, and after all the studio visits and just witnessing Zadie’s practice develop, I have to say I don’t know many artists that works as hard as Zadie. This person is in the studio day in, day out. She is so creative, really generous with everyone that she works with. And I couldn't think of a more deserving artist to be nominated.”
Sharjah Biennial is running until June 15
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%3Cp%3E%3Cstrong%3EPros%3C%2Fstrong%3E%0D%3C%2Fp%3E%0A%3Cul%3E%0A%3Cli%3EEasy%20to%20use%20and%20require%20less%20rigorous%20credit%20checks%20than%20traditional%20credit%20options%0D%3C%2Fli%3E%0A%3Cli%3EOffers%20the%20ability%20to%20spread%20the%20cost%20of%20purchases%20over%20time%2C%20often%20interest-free%0D%3C%2Fli%3E%0A%3Cli%3EConvenient%20and%20can%20be%20integrated%20directly%20into%20the%20checkout%20process%2C%20useful%20for%20online%20shopping%0D%3C%2Fli%3E%0A%3Cli%3EHelps%20facilitate%20cash%20flow%20planning%20when%20used%20wisely%0D%3C%2Fli%3E%0A%3C%2Ful%3E%0A%3Cp%3E%3Cstrong%3ECons%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cul%3E%0A%3Cli%3EThe%20ease%20of%20making%20purchases%20can%20lead%20to%20overspending%20and%20accumulation%20of%20debt%0D%3C%2Fli%3E%0A%3Cli%3EMissing%20payments%20can%20result%20in%20hefty%20fees%20and%2C%20in%20some%20cases%2C%20high%20interest%20rates%20after%20an%20initial%20interest-free%20period%0D%3C%2Fli%3E%0A%3Cli%3EFailure%20to%20make%20payments%20can%20impact%20credit%20score%20negatively%0D%3C%2Fli%3E%0A%3Cli%3ERefunds%20can%20be%20complicated%20and%20delayed%0D%3C%2Fli%3E%0A%3C%2Ful%3E%0A%3Cp%3E%3Cem%3ECourtesy%3A%20Carol%20Glynn%3C%2Fem%3E%3C%2Fp%3E%0A
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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UAE currency: the story behind the money in your pockets
Profile of MoneyFellows
Founder: Ahmed Wadi
Launched: 2016
Employees: 76
Financing stage: Series A ($4 million)
Investors: Partech, Sawari Ventures, 500 Startups, Dubai Angel Investors, Phoenician Fund
Our legal columnist
Name: Yousef Al Bahar
Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994
Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers
MATCH INFO
Champions League quarter-final, first leg
Ajax v Juventus, Wednesday, 11pm (UAE)
Match on BeIN Sports
Company Profile
Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million
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%3Cp%3EFly%20with%20Etihad%20Airways%20from%20Abu%20Dhabi%20to%20New%20York%E2%80%99s%20JFK.%20There's%2011%20flights%20a%20week%20and%20economy%20fares%20start%20at%20around%20Dh5%2C000.%3Cbr%3EStay%20at%20The%20Mark%20Hotel%20on%20the%20city%E2%80%99s%20Upper%20East%20Side.%20Overnight%20stays%20start%20from%20%241395%20per%20night.%3Cbr%3EVisit%20NYC%20Go%2C%20the%20official%20destination%20resource%20for%20New%20York%20City%20for%20all%20the%20latest%20events%2C%20activites%20and%20openings.%3Cbr%3E%3C%2Fp%3E%0A
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What is a robo-adviser?
Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.
These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.
Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.
Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.
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.”
Cryopreservation: A timeline
- Keyhole surgery under general anaesthetic
- Ovarian tissue surgically removed
- Tissue processed in a high-tech facility
- Tissue re-implanted at a time of the patient’s choosing
- Full hormone production regained within 4-6 months
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'The Batman'
Stars:Robert Pattinson
Director:Matt Reeves
Rating: 5/5
The specs
Engine: 3.5-litre V6
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On sale: now
Price: Dh149,000