Like a scene from a movie, part of El Gouna Film Festival’s main plaza was engulfed in flames one day before its opening.
But organisers of the Red Sea festival in Egypt said the show will go on, opening on Thursday and running until October 22 with an impressive line-up of Arab and international films.
“Anyone who comes [on Thursday] won’t be able to tell that there was a fire,” Samih Sawiris, the founder of El Gouna resort town and chairman of Orascom Development Holding, said.
The fifth El Gouna Film Festival will include 75 international and regional feature narratives, short films and documentaries from 44 countries, with eight world and two international premieres.
“Our line-up includes some of the most important films of 2021, films that have won prizes at the most prestigious international festivals, such as Cannes, Venice and Berlin,” said Amir Ramses, El Gouna Festival’s artistic director.
The festival’s programme consists of three main official competitions in the feature narrative, feature documentary and short film categories, with awards totalling more than $224,000.
Feature-length films with a humanitarian theme are eligible for the Cinema for Humanity Audience Award. And films raising awareness on issues related to the environment will be eligible for the inaugural El Gouna Green Star Award.
Among the 16 films competing in the feature narrative competition are 2021 Cannes Critics’ Week Grand Prix winner Feathers by Omar Zohairy, a story of an authoritative Egyptian father turned into a chicken by a magician.
Also from the region and on the red carpet line-up are: Egyptian director Mohamed Diab’s Amira and Lebanese director Mounia Akl's Costa Brava, Lebanon, starring Nadine Labaki, both of which premiered at the Venice Film Festival last month; Moroccan director Nabil Ayouch's Casablanca Beats, which competed for the Palme d’Or at Cannes in July; and The Sea Ahead from Lebanese director Ely Dagher, who won the Short Film Palme d’Or in 2015.
The international feature films include Cannes Grand Prix winner Compartment No 6 by Finnish director Juho Kuosmanen. The film is about a young Finnish woman’s connection with a Russian miner on a long train ride from Moscow to the Arctic port of Murmansk.
Ten documentaries will be in competition at the festival. Back Home by Egyptian director Sara Shazli, about reconnecting with her 80-year-old father during Covid-19 restrictions, will have a red carpet screening and its world premiere.
Two alumni of the CineGouna Platform, which helps Arab filmmakers find artistic and financial support, include Egypt’s Captains of Za’atari and Lebanon’s The Blue Inmates.
“There is a lot of care towards Arab films in the region, as well as a strong competition over the inclusion of films in any Arab festival,” said festival director Intishal Al Timimi. “Over the years, we have been successful in securing the finest and most prominent Arab cinematic productions.”
Al Timimi noted that there are a record seven Egyptian films participating this year.
Highlights in the out-of-competition official selection include Venice Film Festival’s Golden Lion winner Happening, about a young woman trying to get an illegal abortion in 1960s France, and the Mena premiere of Wes Anderson’s The French Dispatch.
The festival will be honouring two Arab film personalities with career achievement awards for leaving their print on world cinema. They are Ahmed El Sakka, one of Egypt’s most successful action stars; and Palestinian actor and director Mohammad Bakri, who has worked on more than 40 films including Beyond The Walls (1984), Haifa (1996) and Jenin, Jenin (2003).
It is the second year that the film festival will take place during the Covid-19 pandemic, with mitigation measures and the support of Egypt’s Ministry of Health.
All workers in El Gouna and at the event have been vaccinated, while the vaccine is available for guests through an agreement with the health ministry.
The first El Gouna Film Festival was held in 2017, as part of a collaboration between festival founder Naguib Sawiris and his brother Samih.
“It was the first time we worked together,” said Naguib, the billionaire executive chairman of Orascom Investment Holding.
He said seeing the festival come to fruition was a dream come true, and with every year it gains more credibility on the international circuit.
Egyptian superstar Youssra, a member of El Gouna Film Festival's International Advisory Board, said the event has not only opened up opportunities in the film industry, but has showcased another side of Egypt.
“There is a big motive for people to come see Egypt in all of its beauty,” she said.
El Gouna Film Festival opens on Thursday and runs until Friday, October 22. The full line-up of films is available here
THE BIO
Favourite author - Paulo Coelho
Favourite holiday destination - Cuba
New York Times or Jordan Times? NYT is a school and JT was my practice field
Role model - My Grandfather
Dream interviewee - Che Guevara
Global state-owned investor ranking by size
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United States
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China
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UAE
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Japan
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Norway
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Canada
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Singapore
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Australia
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Saudi Arabia
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South Korea
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More coverage from the Future Forum
The biog
Hometown: Cairo
Age: 37
Favourite TV series: The Handmaid’s Tale, Black Mirror
Favourite anime series: Death Note, One Piece and Hellsing
Favourite book: Designing Brand Identity, Fifth Edition
Dubai World Cup factbox
Most wins by a trainer: Godolphin’s Saeed bin Suroor(9)
Most wins by a jockey: Jerry Bailey(4)
Most wins by an owner: Godolphin(9)
Most wins by a horse: Godolphin’s Thunder Snow(2)
Heather, the Totality
Matthew Weiner,
Canongate
Unresolved crisis
Russia and Ukraine have been locked in a bitter conflict since 2014, when Ukraine’s Kremlin-friendly president was ousted, Moscow annexed Crimea and then backed a separatist insurgency in the east.
Fighting between the Russia-backed rebels and Ukrainian forces has killed more than 14,000 people. In 2015, France and Germany helped broker a peace deal, known as the Minsk agreements, that ended large-scale hostilities but failed to bring a political settlement of the conflict.
The Kremlin has repeatedly accused Kiev of sabotaging the deal, and Ukrainian officials in recent weeks said that implementing it in full would hurt Ukraine.
UAE currency: the story behind the money in your pockets
Key features of new policy
Pupils to learn coding and other vocational skills from Grade 6
Exams to test critical thinking and application of knowledge
A new National Assessment Centre, PARAKH (Performance, Assessment, Review and Analysis for Holistic Development) will form the standard for schools
Schools to implement online system to encouraging transparency and accountability
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.”
The bio
Favourite book: Peter Rabbit. I used to read it to my three children and still read it myself. If I am feeling down it brings back good memories.
Best thing about your job: Getting to help people. My mum always told me never to pass up an opportunity to do a good deed.
Best part of life in the UAE: The weather. The constant sunshine is amazing and there is always something to do, you have so many options when it comes to how to spend your day.
Favourite holiday destination: Malaysia. I went there for my honeymoon and ended up volunteering to teach local children for a few hours each day. It is such a special place and I plan to retire there one day.
Uefa Nations League: How it works
The Uefa Nations League, introduced last year, has reached its final stage, to be played over five days in northern Portugal. The format of its closing tournament is compact, spread over two semi-finals, with the first, Portugal versus Switzerland in Porto on Wednesday evening, and the second, England against the Netherlands, in Guimaraes, on Thursday.
The winners of each semi will then meet at Porto’s Dragao stadium on Sunday, with the losing semi-finalists contesting a third-place play-off in Guimaraes earlier that day.
Qualifying for the final stage was via League A of the inaugural Nations League, in which the top 12 European countries according to Uefa's co-efficient seeding system were divided into four groups, the teams playing each other twice between September and November. Portugal, who finished above Italy and Poland, successfully bid to host the finals.
PRO BASH
Thursday’s fixtures
6pm: Hyderabad Nawabs v Pakhtoon Warriors
10pm: Lahore Sikandars v Pakhtoon Blasters
Teams
Chennai Knights, Lahore Sikandars, Pakhtoon Blasters, Abu Dhabi Stars, Abu Dhabi Dragons, Pakhtoon Warriors and Hyderabad Nawabs.
Squad rules
All teams consist of 15-player squads that include those contracted in the diamond (3), platinum (2) and gold (2) categories, plus eight free to sign team members.
Tournament rules
The matches are of 25 over-a-side with an 8-over power play in which only two fielders allowed outside the 30-yard circle. Teams play in a single round robin league followed by the semi-finals and final. The league toppers will feature in the semi-final eliminator.
Fresh faces in UAE side
Khalifa Mubarak (24) An accomplished centre-back, the Al Nasr defender’s progress has been hampered in the past by injury. With not many options in central defence, he would bolster what can be a problem area.
Ali Salmeen (22) Has been superb at the heart of Al Wasl’s midfield these past two seasons, with the Dubai club flourishing under manager Rodolfo Arrubarrena. Would add workrate and composure to the centre of the park.
Mohammed Jamal (23) Enjoyed a stellar 2016/17 Arabian Gulf League campaign, proving integral to Al Jazira as the capital club sealed the championship for only a second time. A tenacious and disciplined central midfielder.
Khalfan Mubarak (22) One of the most exciting players in the UAE, the Al Jazira playmaker has been likened in style to Omar Abdulrahman. Has minimal international experience already, but there should be much more to come.
Jassim Yaqoub (20) Another incredibly exciting prospect, the Al Nasr winger is becoming a regular contributor at club level. Pacey, direct and with an eye for goal, he would provide the team’s attack an extra dimension.
A Long Way Home by Peter Carey
Faber & Faber
The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
Mohammed bin Zayed Majlis
More from Rashmee Roshan Lall
RESULTS
Light Flyweight (48kg): Alua Balkibekova (KAZ) beat Gulasal Sultonalieva (UZB) by points 4-1.
Flyweight (51kg): Nazym Kyzaibay (KAZ) beat Mary Kom (IND) 3-2.
Bantamweight (54kg): Dina Zholaman (KAZ) beat Sitora Shogdarova (UZB) 3-2.
Featherweight (57kg): Sitora Turdibekova (UZB) beat Vladislava Kukhta (KAZ) 5-0.
Lightweight (60kg): Rimma Volossenko (KAZ) beat Huswatun Hasanah (INA) KO round-1.
Light Welterweight (64kg): Milana Safronova (KAZ) beat Lalbuatsaihi (IND) 3-2.
Welterweight (69kg): Valentina Khalzova (KAZ) beat Navbakhor Khamidova (UZB) 5-0
Middleweight (75kg): Pooja Rani (IND) beat Mavluda Movlonova (UZB) 5-0.
Light Heavyweight (81kg): Farida Sholtay (KAZ) beat Ruzmetova Sokhiba (UZB) 5-0.
Heavyweight (81 kg): Lazzat Kungeibayeva (KAZ) beat Anupama (IND) 3-2.
Profile
Company: Justmop.com
Date started: December 2015
Founders: Kerem Kuyucu and Cagatay Ozcan
Sector: Technology and home services
Based: Jumeirah Lake Towers, Dubai
Size: 55 employees and 100,000 cleaning requests a month
Funding: The company’s investors include Collective Spark, Faith Capital Holding, Oak Capital, VentureFriends, and 500 Startups.
