Fatma Said at the Royal Variety Performance in London's Royal Albert Hall in December. PA
Fatma Said at the Royal Variety Performance in London's Royal Albert Hall in December. PA
Fatma Said at the Royal Variety Performance in London's Royal Albert Hall in December. PA
Fatma Said at the Royal Variety Performance in London's Royal Albert Hall in December. PA

Fatma Said's opera concert at Grand Egyptian Museum delights fans


Kamal Tabikha
  • English
  • Arabic

The giant entrance hall of the soon-to-be-open Grand Egyptian Museum rang out this weekend with some of the world’s most well-known opera classics.

Veteran Egyptian soprano Fatma Said delivered her renditions in front of the 3,200-year-old, 11-metre-tall statue of Rameses II, the centrepiece of the museum’s entrance hall.

Her performance has received nothing but high praise since it ended late on Friday night.

Audience members tell The National they were struck by a mix of excitement at being inside the museum — the inauguration of which has been postponed several time — awe at the statue of Ramses bearing down on the performance, and amazement at the powerhouse vocals of the internationally acclaimed Said.

The audience mainly comprised Egyptians who could afford the high ticket price of 5,000 pounds ($168).

The upscale feel of the concert was reinforced through a black-tie dress code.

“It was all so beautiful,” Farida El Shirbiny, a handicrafts artist who attended the show, tells The National. "The hall was really well assembled and the ancient Egyptian statues added this indescribable effect."

Accompanied by the United Philharmonic Orchestra and Choir under the direction of maestro Nader Abbassi, Said’s set list for the night included an eclectic mix of opera classics sung in various languages.

Aficionados were ecstatic to find the genre’s masters, including Charles Gounod, Giacomo Puccini and Gioachino Rossini, well represented.

“Her skill really is quite remarkable,” says Heba Mohamed, an Egyptian soprano who attended the concert. "The songs she chose were not easy to perform by any means."

One of the evening’s highlights was Said’s rendition of Masr Heya Omy, a patriotic anthem from the 1976 film Viva Zalata starring legendary Egyptian comedian Fouad El-Mohandes.

The song was Said’s patriotic nod to Egypt and, while presenting it on Friday, she told the audience the film has always been one of her favourites.

Said continuously interacted with the audience throughout the night, recounting her stories of the songs she chose and sharing personal anecdotes.

“She was so approachable and had such an easy way about her,” El Shirbiny says. "At one point she fell over while she was dancing and she got up so gracefully, everyone loved it."

Said closed the show with her rendition of Francesco Sartori’s Time to Say Goodbye/Con Te Partiro, which she dedicated to her recently deceased grandmother who had never missed any of her performances.

The song’s title made it an apt choice for the moment, Said told the audience. She sit was made more emotional because her grandmother had helped her select songs for Friday's show.

“Some concerts are unforgettable such as singing at the new Grand Egyptian Museum and having Ramses II listening and being part of my beloved audience,” Said wrote on her official Facebook page after the concert.

Two kilometres from the Pyramids of Giza, the new museum complex covers 500,000 square metres. Photo: Grand Egyptian Museum
Two kilometres from the Pyramids of Giza, the new museum complex covers 500,000 square metres. Photo: Grand Egyptian Museum

While the musical performance was much praised, many audience members were also very excited to be inside the Grand Egyptian Museum, which has been the subject of public attention after promotional campaigns by the government highlighting its size and quality.

When opened, the museum will be the largest in the world dedicated to a single civilisation.

It has also become the new home of many of the country’s most well-known relics, such as an extensive collection of artefacts found inside the tomb of King Tutankhamun.

Audience members posed for photos with the statues before and after the concert.

“The museum really is almost complete,” says El Shirbiny. "Aside from some scaffolding and construction materials left out in the parking lot, everything inside looks quite impressive."

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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.”

Results

2.15pm: Handicap Dh80,000 1,950m

Winner: Hello, Tadhg O’Shea (jockey), Ali Rashid Al Raihi (trainer).

2.45pm: Handicap Dh90,000 1,800m

Winner: Right Flank, Pat Dobbs, Doug Watson.

3.15pm: Handicap Dh115,000 1,000m

Winner: Leading Spirit, Richard Mullen, Satish Seemar.

3.45pm: Jebel Ali Mile Group 3 Dh575,000 1,600m

Winner: Chiefdom, Royston Ffrench, Salem bin Ghadayer.

4.15pm: Handicap Dh105,000 1,400m

Winner: Ode To Autumn, Patrick Cosgrave, Satish Seemar.

4.45pm: Shadwell Farm Conditions Dh125,000 1,200m

Winner: Last Surprise, James Doyle, Simon Crisford.

5.15pm: Handicap Dh85,000 1,200m

Winner: Daltrey, Sandro Paiva, Ali Rashid Al Raihi.

Heather, the Totality
Matthew Weiner,
Canongate 

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