American actor and director George Clooney is set to direct his first science-fiction film. AFP
American actor and director George Clooney is set to direct his first science-fiction film. AFP
American actor and director George Clooney is set to direct his first science-fiction film. AFP
American actor and director George Clooney is set to direct his first science-fiction film. AFP

'Good Morning, Midnight': What do we know about George Clooney's Netflix sci-fi adaptation?


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George Clooney is the latest big name to crash the ever-expanding Netflix party. The ER-actor-turned-Hollywood-megastar has signed up to direct and star in a Netflix movie adaptation of Lily Brooks-Dalton's 2016 sci-fi novel Good Morning, Midnight, with Revenant author Mark L Smith on screenplay duties, and Clooney's regular production partner Grant Heslov overseeing things.

Details on the project are still fairly sparse, but here's what we know so far.

'Good Morning, Midnight' by Lily Brooks-Dalton. Courtesy Penguin Random House
'Good Morning, Midnight' by Lily Brooks-Dalton. Courtesy Penguin Random House

What’s it about?

Netflix's own announcement tells us that the "post-apocalyptic tale follows the parallel stories of Augustine (Clooney), a lonely scientist in the Arctic, as he races to make contact with the crew of the Aether spacecraft as they try to return home to Earth. Brooks-Dalton's novel was met with critical acclaim and was named one of the best books of the year by Shelf Awareness and the Chicago Review of Books. The film will begin production in October."

That doesn’t give too much away, but we can look to the synopsis of Brooks-Dalton’s original novel for a bit more information.

Here, we learn that “Augustine, a brilliant, ageing astronomer, is consumed by the stars. For years he has lived in remote outposts, studying the sky for evidence of how the universe began. At his latest posting, in a research centre in the Arctic, news of a catastrophic event arrives. The scientists are forced to evacuate, but Augustine stubbornly refuses to abandon his work. Shortly after the others have gone, Augustine discovers a mysterious child, Iris, and realises that the airwaves have gone silent. They are alone.”

Moving on to the tale's parallel narrative, the synopsis continues: "At the same time, Mission Specialist Sullivan is aboard the Aether on its return flight from Jupiter. The astronauts are the first human beings to delve this deep into space, and Sullivan has made peace with the sacrifices required of her: a daughter left behind, a marriage ended. So far the journey has been a success. But when Mission Control falls inexplicably silent, Sullivan and her crewmates are forced to wonder if they will ever get home."

And how about the screenwriter?

Mark L Smith is no stranger to stories of characters trapped and alone in isolated environments. Oscar-winning The Revenant saw Leonardo DiCaprio spend much of the two-and-a-half-hour run time on his own, trying to escape the North American wilderness.

Screenwriter Mark L. Smith is also behind award-winning films including 'The Revenant'. Getty
Screenwriter Mark L. Smith is also behind award-winning films including 'The Revenant'. Getty

That's not to say Smith can't do dialogue when needed, though – in 2017 he was hired as a screenwriter on Quentin Tarantino's forthcoming addition to the Star Trek franchise, and Tarantino is usually one of the most dialogue-heavy writers/directors out there.

For extra intrigue, Smith also has form with the horror genre, having scripted 2006's Seance (which he also directed), 2009's The Hole and 2015's Martyrs. We don't really need to explain the potential for horror in remote Arctic research stations or lost spaceships, given the existence of The Thing and Alien.

Clooney himself seems happy with the choice of scribe: "Grant and I couldn't be more excited to be involved with this incredible project," he said in a statement. "Mark is a writer we've long admired and his script is haunting."

And George Clooney doing sci-fi?

Clooney may be best known as a heart throb and the wisecracking lead in films like Ocean's 11 and O Brother, Where Art Thou? but he's no stranger to the sci-fi genre, either. He starred in James Cameron and Steven Soderbergh's highly ambitious 2002 remake of Andrei Tarkovsky's Soviet sci-fi classic Solaris.

That film set itself a near-impossible task matching up to the original source material, but was still a solid genre outing in and of itself. He's also had notable sci-fi workouts in films including the 2013 Oscar winner Gravity, and Disney's 2015 alternate reality yarn Tomorrowland.

Directing sci-fi is admittedly a new one for the star, but he's no rookie in the director's chair having six directorial credits to his name prior to Good Morning, Midnight, such as Good Night, and Good Luck, Confessions of a Dangerous Mind and The Monuments Men.

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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Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

Jawan
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Indoor cricket in a nutshell

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Indoor Cricket World Cup - Sept 16-20, Insportz, Dubai

16 Indoor cricket matches are 16 overs per side
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5 Five runs are deducted from the score when a wickets falls
4 Batsmen bat in pairs, facing four overs per partnership

Scoring In indoor cricket, runs are scored by way of both physical and bonus runs. Physical runs are scored by both batsmen completing a run from one crease to the other. Bonus runs are scored when the ball hits a net in different zones, but only when at least one physical run is score.

Zones

A Front net, behind the striker and wicketkeeper: 0 runs
B Side nets, between the striker and halfway down the pitch: 1 run
C Side nets between halfway and the bowlers end: 2 runs
D Back net: 4 runs on the bounce, 6 runs on the full

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What are NFTs?

Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.

You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”

However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.

This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”

This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.

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

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