Sharjah Art Foundation will stage an exhibition of its art collection for the first time in March 2021. The foundation has also confirmed dates for March Meeting next year, in addition to an upcoming major show on Lebanese artist Rayyane Tabet.
The annual March Meeting (MM) will take place from March 12 to 21 with a hybrid format of in-person and online events. Instead of the usual three-day duration, next year's event will extend over 10 days and will serve as the launch for the Sharjah Biennial 15: Thinking Historically in the Present for 2022. Both events were postponed because of the Covid-19 pandemic.
Themed Unravelling the Present, MM 2021 investigates the evolution of the Sharjah Biennial, which began in 1993. Featuring curators, artists and artistic directors involved in previous iterations, the symposium will consider the impact of the biennial on the regional art scene and its approach to exhibiting artworks in various spaces within Sharjah.
MM 2021 sets up the programme for SB15, curated by the late Okwui Enwezor. Though the Nigerian curator, art critic and writer died in March 2019, he had already started outlining the biennial in 2018 with the foundation’s director Sheikha Hoor Al Qasimi.
In his written notes, he sought for SB15 to act “as a module with which to deal with the disruptive power of artistic monolingualism but also as horizon of the possible to conceive another theoretical space for ‘Thinking Historically in the Present.’”
Spring 2021 exhibitions
Sharjah Art Foundation has also announced its exhibitions for Spring 2021, which includes an exhibition of newly commissioned works and presentations by Tabet.
Opening on March 12, the exhibition Exquisite Corpse draws from an archaeological excavation by German diplomat Baron Max von Oppenheim in northeast Syria’s Tell Halaf around the 20th century.
Tabet's great-grandfather Faek Borkhoche served as the diplomat's secretary in 1929. The artist's latest commission Portrait of Faek Borkhoche looks at his great grandfather's previously unseen field notes, conducting a more personal way of considering history.
Included in the show is his 2017 installation work Basalt Shards (2017), featuring 1,000 charcoal rubbings made from reliefs of Tell Halaf artefacts, as well as Ah, my beautiful Venus! (2017), comprised of foil pressings of a figure carved in stone quarried from southern Syria.
The newly renovated Flying Saucer in downtown Sharjah will house the first presentation of the Sharjah Art Foundation Collection in an exhibition titled Unsettled Objects, opening on March 12.
Curated by Omar Kholeif, who serves as the foundation’s director of collections and senior curator, the show includes a major acquisition of by conceptual artist Lothar Baumgarten, whose work delves into systems of representation and ethnology.
His work Unsettled Objects (1968–1969), from which the exhibition draws its name, shows slide projections that reveal hidden details behind key objects in Western museum collections.
Other pieces in the show at The Flying Saucer include rarely displayed works and a number of the foundation’s recent acquisitions.
Ongoing exhibitions including Tarek Atoui’s Cycles in 11 and Zarina Bhimji’s Black Pocket, which opened as part of the foundation’s autumn programming, will continue until April 2021.
For more, visit sharjahart.org
Arrogate's winning run
1. Maiden Special Weight, Santa Anita Park, June 5, 2016
2. Allowance Optional Claiming, Santa Anita Park, June 24, 2016
3. Allowance Optional Claiming, Del Mar, August 4, 2016
4. Travers Stakes, Saratoga, August 27, 2016
5. Breeders' Cup Classic, Santa Anita Park, November 5, 2016
6. Pegasus World Cup, Gulfstream Park, January 28, 2017
7. Dubai World Cup, Meydan Racecourse, March 25, 2017
What is blockchain?
Blockchain is a form of distributed ledger technology, a digital system in which data is recorded across multiple places at the same time. Unlike traditional databases, DLTs have no central administrator or centralised data storage. They are transparent because the data is visible and, because they are automatically replicated and impossible to be tampered with, they are secure.
The main difference between blockchain and other forms of DLT is the way data is stored as ‘blocks’ – new transactions are added to the existing ‘chain’ of past transactions, hence the name ‘blockchain’. It is impossible to delete or modify information on the chain due to the replication of blocks across various locations.
Blockchain is mostly associated with cryptocurrency Bitcoin. Due to the inability to tamper with transactions, advocates say this makes the currency more secure and safer than traditional systems. It is maintained by a network of people referred to as ‘miners’, who receive rewards for solving complex mathematical equations that enable transactions to go through.
However, one of the major problems that has come to light has been the presence of illicit material buried in the Bitcoin blockchain, linking it to the dark web.
Other blockchain platforms can offer things like smart contracts, which are automatically implemented when specific conditions from all interested parties are reached, cutting the time involved and the risk of mistakes. Another use could be storing medical records, as patients can be confident their information cannot be changed. The technology can also be used in supply chains, voting and has the potential to used for storing property records.
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Drivers in Abu Dhabi spend 10 per cent longer in congested conditions than they would on a free-flowing road
The highest volume of traffic on the roads is found between 7am and 8am on a Sunday.
Travelling before 7am on a Sunday could save up to four hours per year on a 30-minute commute.
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Drivers in Abu Dhabi lost 41 hours spent in traffic jams in rush hour during 2019
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How to vote in the UAE
1) Download your ballot https://www.fvap.gov/
2) Take it to the US Embassy
3) Deadline is October 15
4) The embassy will ensure all ballots reach the US in time for the November 3 poll
Our legal consultant
Name: Dr Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
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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.”