Sharjah Art Foundation's Focal Point opens on Wednesday, December 16, with independent art books and magazines available just in time for holiday shopping (or literary stockpiling). This is the third edition of the popular fair, a place to pick up hard-to-find publications by artists, scholars, and writers from the Global South.
More than 80 artists and publishers have shipped books and magazines to Sharjah, where they will be at stalls organised by the foundation for the four-day event. This year, the fair takes place outside in the large courtyard of Bait Al Shamsi and is slightly scaled back due to safety concerns over the coronavirus, with no publishers present in person and less live programming. In the past, related events have include a lecture-performance with Berlin's Fehras Publishing Practices and a symposium put together with Asia Art Archive.
The focus for this year is on books, magazines and zines from the Middle East, Africa and South Asia, with a number of small print-run Arab titles including the magazine Khaleejesque; publications from Sudan's Dabanga Gallery; and the Kayfa Ta book series from Amman and Cairo. Local galleries and institutions are also pitching up, with sellers including the Africa Institute, Art Jameel, the Emirates Fine Arts Society and Warehouse421.
Sharjah Art Foundation is selling some of its recent publications, such as Corniche, a Focal Point project that has grown into an annual anthology of work by UAE comic artists. There is also the catalogue Hassan Sharif: I Am The Single Work Artist, including a new scholarship on the Emirati artist. Contributors to Corniche will be available for book signing at the fair.
Our top five picks
The indie comic magazine TokTok, which started up again after closing in 2016. The brainchild of five Egyptian artists, the publication takes its inspiration from the toktok, or small street taxi, that winds its way through Cairo, transporting passengers from all different backgrounds.
In the newly released LIFTA: Future Palestine, the Mexico City publisher LIFTA Volumes has put together what it calls a "book of exercises and experiments". Poems, blueprints, stories, essays, conversations, sketches and photographs discuss what it is to be Palestinian today, touching on notions of exile and return, science-fiction, memory, nationhood, and political rhetoric.
Regular publishers at Focal Point, Chimurenga from South Africa and Afterall from London have collaborated on the new book FESTAC '77: The 2nd World Black and African Festival of Arts and Culture. Part of Afterall's highly regarded Exhibition Histories series, in which the publisher rethinks art history through the prism of exhibitions, the book looks at the 1977 Lagos festival that was the culmination of years of pan-Africanist culture and politics. It also forms part of the co-publisher's Chimurenga Library series.
The booth that sells Funambulist, a magazine devoted to anticolonial, antiracist, and feminist struggles, sold out on the first day last year, so get to their section early. The cult magazine comes out in print every two months, with articles looking at the Haitian revolution, performance in North Africa and the genealogy of jerk chicken. The stall will have the latest issue, focused on the pan-African political project, as well as back titles for sale.
Finally, Sharjah Art Foundation's monograph series pays tribute to Palestinian artist Abdul Hay Mosallam Zarara, who died in August, leaving behind a career devoted to Palestinian culture and struggle. Jordanian artist Ala Younis, who worked with him in Amman, has edited the book Abdul Hay Mosallam Zarara, devoted to his life and work; it also includes English translations of his memoirs and press clippings.
Focal Point runs from Wednesday, December 16 to Saturday, December 19, from 4pm to 10pm until Friday, and from 2pm to 10pm on Saturday. Tickets must be booked in advance
COMPANY%20PROFILE
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Infiniti QX80 specs
Engine: twin-turbocharged 3.5-liter V6
Power: 450hp
Torque: 700Nm
Price: From Dh450,000, Autograph model from Dh510,000
Available: Now
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
Company%20profile
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Winners
Ballon d’Or (Men’s)
Ousmane Dembélé (Paris Saint-Germain / France)
Ballon d’Or Féminin (Women’s)
Aitana Bonmatí (Barcelona / Spain)
Kopa Trophy (Best player under 21 – Men’s)
Lamine Yamal (Barcelona / Spain)
Best Young Women’s Player
Vicky López (Barcelona / Spain)
Yashin Trophy (Best Goalkeeper – Men’s)
Gianluigi Donnarumma (Paris Saint-Germain and Manchester City / Italy)
Best Women’s Goalkeeper
Hannah Hampton (England / Aston Villa and Chelsea)
Men’s Coach of the Year
Luis Enrique (Paris Saint-Germain)
Women’s Coach of the Year
Sarina Wiegman (England)
RESULTS
ATP China Open
G Dimitrov (BUL x3) bt R Bautista Agut (ESP x5)
7-6, 4-6, 6-2
R Nadal (ESP x1) bt J Isner (USA x6)
6-4, 7-6
WTA China Open
S Halep (ROU x2) bt D Kasatkina (RUS)
6-2, 6-1
J Ostapenko (LAT x9) bt S Cirstea (ROU)
6-4, 6-4
ATP Japan Open
D Schwartzman (ARG x8) bt S Johnson (USA)
6-0, 7-5
D Goffin (BEL x4) bt R Gasquet (FRA)
7-5, 6-2
M Cilic (CRO x1) bt R Harrison (USA)
6-2, 6-0
Five hymns the crowds can join in
Papal Mass will begin at 10.30am at the Zayed Sports City Stadium on Tuesday
Some 17 hymns will be sung by a 120-strong UAE choir
Five hymns will be rehearsed with crowds on Tuesday morning before the Pope arrives at stadium
‘Christ be our Light’ as the entrance song
‘All that I am’ for the offertory or during the symbolic offering of gifts at the altar
‘Make me a Channel of your Peace’ and ‘Soul of my Saviour’ for the communion
‘Tell out my Soul’ as the final hymn after the blessings from the Pope
The choir will also sing the hymn ‘Legions of Heaven’ in Arabic as ‘Assakiroo Sama’
There are 15 Arabic speakers from Syria, Lebanon and Jordan in the choir that comprises residents from the Philippines, India, France, Italy, America, Netherlands, Armenia and Indonesia
The choir will be accompanied by a brass ensemble and an organ
They will practice for the first time at the stadium on the eve of the public mass on Monday evening
Kill%20
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The biog
Alwyn Stephen says much of his success is a result of taking an educated chance on business decisions.
His advice to anyone starting out in business is to have no fear as life is about taking on challenges.
“If you have the ambition and dream of something, follow that dream, be positive, determined and set goals.
"Nothing and no-one can stop you from succeeding with the right work application, and a little bit of luck along the way.”
Mr Stephen sells his luxury fragrances at selected perfumeries around the UAE, including the House of Niche Boutique in Al Seef.
He relaxes by spending time with his family at home, and enjoying his wife’s India cooking.
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.”
A%20QUIET%20PLACE
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START-UPS%20IN%20BATCH%204%20OF%20SANABIL%20500'S%20ACCELERATOR%20PROGRAMME
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'The Woman in the House Across the Street from the Girl in the Window'
Director:Michael Lehmann
Stars:Kristen Bell
Rating: 1/5
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
A Bad Moms Christmas
Dir: John Lucas and Scott Moore
Starring: Mila Kunis, Kathryn Hahn, Kristen Bell, Susan Sarandon, Christine Baranski, Cheryl Hines
Two stars
The specs
Engine: 3.8-litre, twin-turbo V8
Transmission: eight-speed automatic
Power: 582bhp
Torque: 730Nm
Price: Dh649,000
On sale: now
The Lowdown
Kesari
Rating: 2.5/5 stars
Produced by: Dharma Productions, Azure Entertainment
Directed by: Anubhav Singh
Cast: Akshay Kumar, Parineeti Chopra
Sarfira
Director: Sudha Kongara Prasad
Starring: Akshay Kumar, Radhika Madan, Paresh Rawal
Rating: 2/5
Company name: Play:Date
Launched: March 2017 on UAE Mother’s Day
Founder: Shamim Kassibawi
Based: Dubai with operations in the UAE and US
Sector: Tech
Size: 20 employees
Stage of funding: Seed
Investors: Three founders (two silent co-founders) and one venture capital fund