Women are seen, engrossed with the books they are reading at The Sharjah Book Fair.
Women are seen, engrossed with the books they are reading at The Sharjah Book Fair.
Women are seen, engrossed with the books they are reading at The Sharjah Book Fair.
Women are seen, engrossed with the books they are reading at The Sharjah Book Fair.

Sharjah International Book Fair opens its biggest fair yet


Rupert Hawksley
  • English
  • Arabic

Thousands of people descended on the cavernous Expo Centre in the heart of Sharjah on Wednesday to celebrate the opening of the annual Sharjah International Book Fair.

With 1.6 million titles, including 80,000 new ones, as well as 1,800 events and 200 book-signing sessions, this year's fair is the biggest in the event's 37-year history.

The inauguration ceremony was attended by Dr Sheikh Sultan bin Mohammed Al Qasimi, Ruler of Sharjah, and Ahmed Al Ameri, chairman of the Sharjah Book Authority.

"The Sharjah International Book Fair has become an intellectual and cultural extravaganza that draws international interest," Mr Al Ameri said. "It is a celebration of Emirati and Arab cultures and a message from Sharjah and the UAE to the world about the beauty of the language of the mind, intellectual thought, art and how it brings us all together on one stage.

“[This] message is written in different languages by people of diverse cultural and ethnic backgrounds.

“It illustrates that knowledge is not a coincidence but a product of constant accumulation of efforts throughout human history and a result of people’s wisdom and far-sightedness.”

  • A mother sings a song to her daughter at The Sharjah Book Fair. All photos by Leslie Pableo for The National
    A mother sings a song to her daughter at The Sharjah Book Fair. All photos by Leslie Pableo for The National
  • Visitors at The Sharjah Book Fair.
    Visitors at The Sharjah Book Fair.
  • A girl looks at a book inside a display cabinet at The Sharjah Book Fair.
    A girl looks at a book inside a display cabinet at The Sharjah Book Fair.
  • An audiobook by Storytel is enjoyed by a guest at The Sharjah Book Fair.
    An audiobook by Storytel is enjoyed by a guest at The Sharjah Book Fair.
  • Visitors at The Sharjah Book Fair.
    Visitors at The Sharjah Book Fair.
  • Visitors at The Sharjah Book Fair.
    Visitors at The Sharjah Book Fair.
  • Women are seen, engrossed with the books they are reading at The Sharjah Book Fair.
    Women are seen, engrossed with the books they are reading at The Sharjah Book Fair.
  • Visitors pick up books at The Sharjah Book Fair.
    Visitors pick up books at The Sharjah Book Fair.
  • A woman flicks through a book at The Sharjah Book Fair.
    A woman flicks through a book at The Sharjah Book Fair.
  • Visitors at The Sharjah Book Fair.
    Visitors at The Sharjah Book Fair.

Later in the ceremony, Sheikh Sultan Al Qasimi honoured Algeria’s Minister of Culture, Azzeldine Mihoubi, with the title Cultural Personality of the Year for his efforts in promoting the arts in the North African country.

“I will never forget this defining moment,” Mr Mihoubi said. “On behalf of all Algerian cultural entities, I would like to express my appreciation for this great honour recognising Algerian culture.”

Addressing Sheikh Sultan, he said: “You have always supported culture, art and creativity across the Arab world. Apart from serving the cultural world and launching an array of regional and international cultural events, you have written many books, which have finally rectified many historical inaccuracies and helped people around the world see our culture and history more accurately.”

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Sharjah International Book Fair: what to see from the Children's Programme

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Formalities over, it was time for people to sample the myriad delights on offer at the fair.

Many of the opening day's events were aimed at children. Dozens of school groups tore around the halls, enjoying workshops in everything from origami and 3D printing to toy making and story writing.

In one session, a group of children were taught how to make a miniature book with little more than paper and glue. The decibel level quickly dropped as they all became transfixed by the task at hand.

With most of the big-name speakers scheduled to appear in the coming days, this was a good opportunity to browse the seemingly endless book stands. There are 1,874 publishing houses here from 77 countries, including China, India, Iraq, Lebanon and Syria.

Highlights of the fair include talks by: Omar Saif Ghobash, UAE ambassador to France and author of the best-selling book Letters to a Young Muslim; British explorer and broadcaster Bruce Parry; Lebanese-Canadian poet and social media phenomenon Najwa Zebian (read our interview in today's Arts & Lifestyle section); and Indian composer L Subramaniam.

There is also an extensive cookery programme, featuring 60 demonstrations and workshops by chefs from around the world, including Morocco's Hassan M'Souli and Egypt's Dyna El Deif. The guest of honour is Japan, whose pavilion is host to novelists, as well music and food events.

For the next 10 days, Sharjah will be at the centre of the literary world — considering the opening day, that is exactly where it deserves to be.

The Sharjah International Book Fair runs until November 10. For more info, visit www.sibf.com

UAE currency: the story behind the money in your pockets
Series info

Test series schedule 1st Test, Abu Dhabi: Sri Lanka won by 21 runs; 2nd Test, Dubai: Play starts at 2pm, Friday-Tuesday

ODI series schedule 1st ODI, Dubai: October 13; 2nd ODI, Abu Dhabi: October 16; 3rd ODI, Abu Dhabi: October 18; 4th ODI, Sharjah: October 20; 5th ODI, Sharjah: October 23

T20 series schedule 1st T20, Abu Dhabi: October 26; 2nd T20, Abu Dhabi: October 27; 3rd T20, Lahore: October 29

Tickets Available at www.q-tickets.com

Stat Fourteen Fourteen of the past 15 Test matches in the UAE have been decided on the final day. Both of the previous two Tests at Dubai International Stadium have been settled in the last session. Pakistan won with less than an hour to go against West Indies last year. Against England in 2015, there were just three balls left.

Key battle - Azhar Ali v Rangana Herath Herath may not quite be as flash as Muttiah Muralitharan, his former spin-twin who ended his career by taking his 800th wicket with his final delivery in Tests. He still has a decent sense of an ending, though. He won the Abu Dhabi match for his side with 11 wickets, the last of which was his 400th in Tests. It was not the first time he has owned Pakistan, either. A quarter of all his Test victims have been Pakistani. If Pakistan are going to avoid a first ever series defeat in the UAE, Azhar, their senior batsman, needs to stand up and show the way to blunt Herath.

England's Ashes squad

Joe Root (captain), Moeen Ali, Jimmy Anderson, Jofra Archer, Jonny Bairstow, Stuart Broad, Rory Burns, Jos Buttler, Sam Curran, Joe Denly, Jason Roy, Ben Stokes, Olly Stone, Chris Woakes. 

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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

Dark Souls: Remastered
Developer: From Software (remaster by QLOC)
Publisher: Namco Bandai
Price: Dh199

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
Where to buy

Limited-edition art prints of The Sofa Series: Sultani can be acquired from Reem El Mutwalli at www.reemelmutwalli.com

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.”

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Bugatti Chiron Super Sport - the specs:

Engine: 8.0-litre quad-turbo W16 

Transmission: 7-speed DSG auto 

Power: 1,600hp

Torque: 1,600Nm

0-100kph in 2.4seconds

0-200kph in 5.8 seconds

0-300kph in 12.1 seconds

Top speed: 440kph

Price: Dh13,200,000

Bugatti Chiron Pur Sport - the specs:

Engine: 8.0-litre quad-turbo W16 

Transmission: 7-speed DSG auto 

Power: 1,500hp

Torque: 1,600Nm

0-100kph in 2.3 seconds

0-200kph in 5.5 seconds

0-300kph in 11.8 seconds

Top speed: 350kph

Price: Dh13,600,000

Elvis
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Email sent to Uber team from chief executive Dara Khosrowshahi

From: Dara

To: Team@

Date: March 25, 2019 at 11:45pm PT

Subj: Accelerating in the Middle East

Five years ago, Uber launched in the Middle East. It was the start of an incredible journey, with millions of riders and drivers finding new ways to move and work in a dynamic region that’s become so important to Uber. Now Pakistan is one of our fastest-growing markets in the world, women are driving with Uber across Saudi Arabia, and we chose Cairo to launch our first Uber Bus product late last year.

Today we are taking the next step in this journey—well, it’s more like a leap, and a big one: in a few minutes, we’ll announce that we’ve agreed to acquire Careem. Importantly, we intend to operate Careem independently, under the leadership of co-founder and current CEO Mudassir Sheikha. I’ve gotten to know both co-founders, Mudassir and Magnus Olsson, and what they have built is truly extraordinary. They are first-class entrepreneurs who share our platform vision and, like us, have launched a wide range of products—from digital payments to food delivery—to serve consumers.

I expect many of you will ask how we arrived at this structure, meaning allowing Careem to maintain an independent brand and operate separately. After careful consideration, we decided that this framework has the advantage of letting us build new products and try new ideas across not one, but two, strong brands, with strong operators within each. Over time, by integrating parts of our networks, we can operate more efficiently, achieve even lower wait times, expand new products like high-capacity vehicles and payments, and quicken the already remarkable pace of innovation in the region.

This acquisition is subject to regulatory approval in various countries, which we don’t expect before Q1 2020. Until then, nothing changes. And since both companies will continue to largely operate separately after the acquisition, very little will change in either teams’ day-to-day operations post-close. Today’s news is a testament to the incredible business our team has worked so hard to build.

It’s a great day for the Middle East, for the region’s thriving tech sector, for Careem, and for Uber.

Uber on,

Dara

The Kites

Romain Gary

Penguin Modern Classics

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

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RESULTS
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LILO & STITCH

Starring: Sydney Elizebeth Agudong, Maia Kealoha, Chris Sanders

Director: Dean Fleischer Camp

Rating: 4.5/5