Nancy Ajram will perform at Global Village next month.
The Lebanese singer, known for her hits including Akhasmak Ah and Aah w Noss, will be taking to the Global Village Main Stage at 9pm on December 12.
Ajram is an influential force in the Arab music industry and has previously been named as one of the top female Arab artists by Forbes. In 2009, she was selected by Unicef as the first female regional ambassador for the Middle East and North Africa.
Between 2013 and 2017, she served as a judge on MBC's reality talent show Arab Idol. She also began serving as a coach on The Voice Kids: Ahla Sawt in 2016. This year, she collaborated with Marshmello on the single Sah Sah, proving her music has global reach.
Ajram is the second Arab superstar to be billed for this year's event. Myriam Fares, the Arab "Queen of the Stage", performed at the venue this month.
Global Village opened for its 27th season on October 25 and will be running until April.
Last season, the family-friendly attraction in Dubai welcomed a record 7.8 million visitors during the six months it was operational. The venue is famous for its pavilions, each themed according to a different nation or culture. This year, 27 pavilions representing more than 80 cultures are featured.
More than 400 performers from around the world will be part of the event's entertainment line-up. This includes more than 200 performances each night, such as Puttin' on the Glitz, which brings jazz music to the theme park.
London Calling takes music-lovers through nostalgic songs, from 1960s classics and punk rock to the top tunes of today.
V.Unbeatable, a dance crew from Mumbai that won season two of America's Got Talent: The Champions in 2020, will perform on the Main Stage from January 4 for a month.
Filipino troupe Urban Crew, who competed on the latest season of America's Got Talent, will return to Global Village to showcase their acrobatic skills all season.
Another international ensemble back by popular demand is Colombian Aaijaa, a group of young percussionists setting the beat for the evenings, while Global Village favourites making a return this year include The Wonderers — Ozka, Waleef and Zoya, who bring a new production to the Kids Theatre called The Mystery of the Golden Rock.
Throughout the years, Global Village has attracted several big-name acts to its main stage, including American singer-songwriter Jason Derulo, former One Direction member Liam Payne and Pakistani pop star Atif Aslam.
Free for Global Village ticket holders; Dh18 online Sunday to Thursday and Dh20 at the gate; Dh22.50 online and Dh25 at the gate for all other days; free for children under three and senior citizens aged 65 and above, as well as people of determination
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Bayern: Rafinha (6'), Muller (12', 27')
Chelsea: Alonso (45' 3), Batshuayi (85')
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This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
Global Fungi Facts
• Scientists estimate there could be as many as 3 million fungal species globally
• Only about 160,000 have been officially described leaving around 90% undiscovered
• Fungi account for roughly 90% of Earth's unknown biodiversity
• Forest fungi help tackle climate change, absorbing up to 36% of global fossil fuel emissions annually and storing around 5 billion tonnes of carbon in the planet's topsoil
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Name: N2 Technology
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Sector: Startups
Size: 14
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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.”
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About Karol Nawrocki
• Supports military aid for Ukraine, unlike other eurosceptic leaders, but he will oppose its membership in western alliances.
• A nationalist, his campaign slogan was Poland First. "Let's help others, but let's take care of our own citizens first," he said on social media in April.
• Cultivates tough-guy image, posting videos of himself at shooting ranges and in boxing rings.
• Met Donald Trump at the White House and received his backing.