• Beyonce won four Grammys for Renaissance, including Best Dance/Electronic Music Album, Best Dance/Electronic Recording, Best Traditional R&B Performance and Best R&B Song. Reuters
    Beyonce won four Grammys for Renaissance, including Best Dance/Electronic Music Album, Best Dance/Electronic Recording, Best Traditional R&B Performance and Best R&B Song. Reuters
  • Adele accepts the award for the Best Pop Solo Performance for Easy on Me. Reuters
    Adele accepts the award for the Best Pop Solo Performance for Easy on Me. Reuters
  • Lizzo accepts the award for Record of the Year for About Damn Time. AP
    Lizzo accepts the award for Record of the Year for About Damn Time. AP
  • Harry Styles with his awards for Best Pop Vocal Album and Album of the Year for Harry's House. Reuters
    Harry Styles with his awards for Best Pop Vocal Album and Album of the Year for Harry's House. Reuters
  • Rapper Kendrick Lamar accepts the award for Best Rap Album for Mr Morale & the Big Steppers. AFP
    Rapper Kendrick Lamar accepts the award for Best Rap Album for Mr Morale & the Big Steppers. AFP
  • Samara Joy with her awards for Best Jazz Vocal Album and Best New Artist. Reuters
    Samara Joy with her awards for Best Jazz Vocal Album and Best New Artist. Reuters
  • Bonnie Raitt, winner of the awards for Song of the Year for Just Like That, Best American Roots Song for Just Like That, and Best Americana Performance for Made Up My Mind. AP
    Bonnie Raitt, winner of the awards for Song of the Year for Just Like That, Best American Roots Song for Just Like That, and Best Americana Performance for Made Up My Mind. AP
  • Kim Petras, left, and Sam Smith, winners of the award for Best Pop Duo/Group Performance for Unholy. AP
    Kim Petras, left, and Sam Smith, winners of the award for Best Pop Duo/Group Performance for Unholy. AP
  • Brandi Carlile with her awards for Best Americana Album, Best Rock Song and Best Rock Performance. Reuters
    Brandi Carlile with her awards for Best Americana Album, Best Rock Song and Best Rock Performance. Reuters
  • Robert Trujillo, left, and Andrew Watt accept the award for Best Rock Album on behalf of Ozzy Osbourne for Patient Number 9. AP
    Robert Trujillo, left, and Andrew Watt accept the award for Best Rock Album on behalf of Ozzy Osbourne for Patient Number 9. AP
  • Rhian Teasdale, left, and Hester Chambers of Wet Leg with the awards for Best Alternative Music Performance for Chaise Lounge and Best Alternative Music Album for Wet Leg. AP
    Rhian Teasdale, left, and Hester Chambers of Wet Leg with the awards for Best Alternative Music Performance for Chaise Lounge and Best Alternative Music Album for Wet Leg. AP
  • Steve Lacy, winner of the Best Progressive R&B Album for Gemini Rights. AP
    Steve Lacy, winner of the Best Progressive R&B Album for Gemini Rights. AP
  • Robert Glasper with the award for Best R&B Album for Black Radio III. AP
    Robert Glasper with the award for Best R&B Album for Black Radio III. AP
  • Ben Stennis accepts the award for Best Country Song for the song Till You Can't by Cody Johnson. AP
    Ben Stennis accepts the award for Best Country Song for the song Till You Can't by Cody Johnson. AP
  • Zakes Bantwini, from left, Nomcebo Zikode and Wouter Kellerman with the award for Best Global Music Performance for Bayethe. AP
    Zakes Bantwini, from left, Nomcebo Zikode and Wouter Kellerman with the award for Best Global Music Performance for Bayethe. AP
  • Masa Takumi with the award for Best Global Music Album for Sakura. AP
    Masa Takumi with the award for Best Global Music Album for Sakura. AP
  • Stephanie Economou with her Grammy for Best Score or Soundtrack for Video Games and Other Interactive Media for Assassin's Creed Valhalla: Dawn of Ragnarok. AP
    Stephanie Economou with her Grammy for Best Score or Soundtrack for Video Games and Other Interactive Media for Assassin's Creed Valhalla: Dawn of Ragnarok. AP

Grammys 2023 winners list in main categories, including Beyonce, Harry Styles and Lizzo


  • English
  • Arabic

It's been a dramatic evening at the Grammys 2023, one that Beyonce almost missed due to being "stuck in traffic".

Queen Bey arrived ever-so fashionably late, missing the red carpet , where Lizzo, Taylor Swift and Harry Styles were among those to shine. But Beyonce still made history, becoming the most awarded Grammys recipient in history, surpassing Hungarian-British conductor Georg Solti, who had 31.

Follow the latest news on the Grammys 2023 here

US actress Viola Davis also made history, entering the prestigious 18-member Egot winners club as she scooped her first Grammy for the audiobook recording of her memoir, Finding Me.

Styles picked up the coveted Album of the Year, as well as Best Pop Vocal Album for Harry's House, while Beyonce won Best R&B Song for Cuff It and Best Dance Electronic/Music Album for Renaissance. She also took home Best Traditional R&B Performance.

In her acceptance speech, Beyonce said: "I'm trying not to be too emotional. I'm trying to just receive this night. I want to thank God for protecting me... I'd like to thank my uncle Johnny who is not here, but he is here in spirit. I'd like to thank my parents, my father, my mother, for loving me, for pushing me. I'd like to thank my beautiful husband, my beautiful children who are watching at home."

The historic award was presented by British TV host James Corden, who said it was an "honour".

"We are witnessing history tonight," he said, before announcing the result.

Other big winners include Lizzo, who won Record of the Year for About Damn Time; Kendrick Lamar, who took Best Rap Album for Mr Morale & The Big Steppers; as well as Willie Nelson, who bagged Best Country Album for A Beautiful Time.

Here are the winners in key categories at the Grammys 2023

Record Of The Year

WINNER: About Damn Time, Lizzo

Don't Shut Me Down, ABBA

Easy On Me, Adele

Break My Soul, Beyonce

Good Morning Gorgeous, Mary J Blige

You And Me On The Rock, Brandi Carlile Featuring Lucius

Woman, Doja Cat

Bad Habit, Steve Lacy

The Heart Part 5, Kendrick Lamar

As It Was, Harry Styles

Album Of The Year

WINNER: Harry's House, Harry Styles

Voyage, ABBA

30, Adele

Un Verano Sin Ti, Bad Bunny

Renaissance, Beyonce

Good Morning Gorgeous (Deluxe), Mary J Blige

In These Silent Days, Brandi Carlile

Music Of The Spheres, Coldplay

Mr Morale & The Big Steppers, Kendrick Lamar

Special, Lizzo

Song Of The Year

WINNER: Just Like That, Bonnie Raitt

Abcdefu, Gayle

About Damn Time, Lizzo

All Too Well (10 Minute Version) (The Short Film), Taylor Swift

As It Was, Harry Styles

Bad Habit, Steve Lacy

Break My Soul, Beyonce

Easy On Me, Adele

God Did, DJ Khaled Featuring Rick Ross, Lil Wayne, Jay-Z, John Legend & Fridayy

The Heart Part 5, Kendrick Lamar

Best New Artist

WINNER: Samara Joy

Anitta

Omar Apollo

Domi & JD Beck

Muni Long

Latto

Maneskin

Tobe Nwigwe

Molly Tuttle

Wet Leg

Best Pop Solo Performance

WINNER: Easy On Me, Adele

Moscow Mule, Bad Bunny

Woman, Doja Cat

Bad Habit, Steve Lacy

About Damn Time, Lizzo

As It Was, Harry Styles

Best Pop Duo/Group Performance

WINNER: Unholy, Sam Smith & Kim Petras

Don't Shut Me Down, ABBA

Bam Bam, Camila Cabello Featuring Ed Sheeran

My Universe, Coldplay & BTS

I Like You (A Happier Song), Post Malone & Doja Cat

Best Traditional Pop Vocal Album

WINNER: Higher, Michael Buble

When Christmas Comes Around..., Kelly Clarkson

I Dream Of Christmas (Extended), Norah Jones

Evergreen, Pentatonix

Thank You, Diana Ross

Best Pop Vocal Album

WINNER: Harry's House, Harry Styles

Voyage, ABBA

30, Adele

Music Of The Spheres, Coldplay

Special, Lizzo

Best Dance/Electronic Recording

WINNER: Break My Soul, Beyonce

Rosewood, Bonobo

Don’t Forget My Love, Diplo & Miguel

I’m Good (Blue), David Guetta & Bebe Rexha

Intimidated, Kaytranada featuring HER

On My Knees, Rufus Du Sol

Best Dance/Electronic Music Album

WINNER: Renaissance, Beyonce

Fragments, Bonobo

Dipo, Diplo

The Last Goodbye, Odesza

Surrender, Rufus Du Sol

Best Rock Performance

WINNER: Broken Horses, Brandi Carlile

So Happy It Hurts, Bryan Adams

Old Man, Beck

Wild Child, The Black Keys

Crawl!, Idles

Patient Number 9, Ozzy Osbourne featuring Jeff Beck

Holiday, Turnstile

Best Metal Performance

WINNER: Degradation Rules, Ozzy Osbourne featuring Tony Iommi

Call Me Little Sunshine, Ghost

We'll Be Back, Megadeth

Kill Or Be Killed, Muse

Blackout, Turnstile

Best Rock Song

WINNER: Broken Horses, Brandi Carlile

Black Summer, Red Hot Chili Peppers

Blackout, Turnstile

Harmonia's Dream, The War On Drugs

Patient Number 9, Ozzy Osbourne featuring Jeff Beck

Best Rock Album

WINNER: Patient Number 9, Ozzy Osbourne

Dropout Boogie, The Black Keys

The Boy Named If, Elvis Costello & The Imposters

Crawler, Idles

Mainstream Sellout, Machine Gun Kelly

Lucifer On The Sofa, Spoon

Best Alternative Music Performance

WINNER: Chaise Longue, Wet Leg

There'd Better Be A Mirrorball, Arctic Monkeys

Certainty, Big Thief

King, Florence + The Machine

Spitting Off The Edge Of The World, Yeah Yeah Yeahs featuring Perfume Genius

Best Alternative Music Album

WINNER: Wet Leg, Wet Leg

WE, Arcade Fire

Dragon New Warm Mountain I Believe In You, Big Thief

Fossora, Bjork

Cool It Down, Yeah Yeah Yeahs

Best R&B Performance

WINNER: Hrs & Hrs, Muni Long

Virgo’s Groove, Beyonce

Here With Me, Mary J Blige featuring Anderson .Paak

Over, Lucky Daye

Hurt Me So Good, Jazmine Sullivan

Best Traditional R&B Performance

WINNER: Plastic Off The Sofa, Beyonce

Do 4 Love, Snoh Aalegra

Keeps On Fallin', Babyface featuring Ella Mai

'Round Midnight, Adam Blackstone featuring Jazmine Sullivan

Good Morning Gorgeous, Mary J Blige

Best R&B Song

WINNER: Cuff It, Beyonce

Good Morning Gorgeous, Mary J Blige

Hrs & Hrs, Muni Long

Hurt Me So Good, Jazmine Sullivan

Please Don’t Walk Away, PJ Morton

Best Progressive R&B Album

WINNER: Gemini Rights, Steve Lacy

Operation Funk, Cory Henry

Drones, Terrace Martin

Starfruit, Moonchild

Red Balloon, Tank And The Bangas

Best R&B Album

WINNER: Black Radio III, Robert Glasper

Good Morning Gorgeous (Deluxe), Mary J Blige

Breezy (Deluxe), Chris Brown

Candydrip, Lucky Daye

Watch The Sun, PJ Morton

Best Rap Performance

WINNER: The Heart Part 5, Kendrick Lamar

God Did, DJ Khaled Featuring Rick Ross, Lil Wayne, Jay-Z, John Legend & Fridayy

Vegas, Doja Cat

pushin P, Gunna & Future Featuring Young Thug

F N F (Let's Go), Hitkidd & GloRilla

Best Melodic Rap Performance

WINNER: Wait For U, Future featuring Drake & Tems

Beautiful, DJ Khaled featuring Future & SZA

First Class, Jack Harlow

Die Hard, Kendrick Lamar featuring Blxst & Amanda Reifer

Big Energy (Live), Latto

Best Rap Song

WINNER: The Heart Part 5, Kendrick Lamar

Churchill Downs, Jack Harlow featuring Drake

God Did, DJ Khaled Featuring Rick Ross, Lil Wayne, Jay-Z, John Legend & Fridayy

pushin P, Gunna & Future Featuring Young Thug

Wait For U, Future featuring Drake & Tems

Best Rap Album

WINNER: Mr Morale & The Big Steppers, Kendrick Lamar

God Did, DJ Khaled

I Never Liked You, Future

Come Home The Kids Miss You, Jack Harlow

It’s Almost Dry, Pusha T

Best Country Solo Performance

WINNER: Live Forever, Willie Nelson

Heartfirst, Kelsea Ballerini

Something In The Orange, Zach Bryan

In His Arms, Miranda Lambert

Circles Around This Town, Maren Morris

Best Country Duo/Group Performance

WINNER: Never Wanted To Be That Girl, Carly Pearce & Ashley McBryde

Wishful Drinking, Ingrid Andress & Sam Hunt

Midnight Rider's Prayer, Brothers Osborne

Outrunnin' Your Memory, Luke Combs & Miranda Lambert

Does He Love You – Revisited, Reba McEntire & Dolly Parton

Going Where The Lonely Go, Robert Plant & Alison Krauss

Best Country Song

WINNER: 'Til You Can't, Cody Johnson

Circles Around This Town, Maren Morris

Doin’ This, Luke Combs

I Bet You Think About Me (Taylor's Version) (From The Vault), Taylor Swift

If I Was A Cowboy, Miranda Lambert

I'll Love You Till The Day I Die, Willie Nelson

Best Country Album

WINNER: A Beautiful Time, Willie Nelson

Growin' Up, Luke Combs

Palomino, Miranda Lambert

Ashley McBryde Presents: Lindeville, Ashley McBryde

Humble Quest, Maren Morris

Best Song Written For Visual Media

WINNER: We Don’t Talk About Bruno from Encanto

Be Alive from King Richard

Carolina from Where The Crawdads Sing

Hold My Hand from Top Gun: Maverick

Keep Rising from The Woman King

Nobody Like U from Turning Red

Best Global Music Performance

WINNER: Bayethe, Wouter Kellerman, Zakes Bantwini & Nomcebo Zikode

Udhero Na, Arooj Aftab & Anoushka Shankar

Gimme Love, Matt B & Eddy Kenzo

Last Last, Burna Boy

Neva Bow Down, Rocky Dawuni Featuring Blvk H3ro

Best Global Music Album

WINNER: Sakura, Masa Takumi

Shuruaat, Berklee Indian Ensemble

Love, Damini, Burna Boy

Queen Of Sheba, Angelique Kidjo & Ibrahim Maalouf

Between Us... (Live), Anoushka Shankar, Metropole Orkest & Jules Buckley Featuring Manu Delago

Best Score Soundtrack for Video Games and Other Interactive Media category

WINNER: Stephanie Economou for Assassin’s Creed Valhalla: Dawn of Ragnarok

Austin Wintory for Aliens: Fireteam Elite

Bear McCreary for Call of Duty: Vanguard

Richard Jacques for Marvel’s Guardians of the Galaxy

Christopher Tin for Old World

Taylor Swift, Lizzo and Cardi B among best dressed women at Grammys 2023 — in pictures

  • Taylor Swift in a custom navy two piece by Roberto Cavalli. EPA
    Taylor Swift in a custom navy two piece by Roberto Cavalli. EPA
  • Doja Cat arrives in latex Versace. EPA
    Doja Cat arrives in latex Versace. EPA
  • Paris Hilton wears an embellished cut-out dress by Celine. AP
    Paris Hilton wears an embellished cut-out dress by Celine. AP
  • Lizzo arrives in a red floral caped dress by Dolce & Gabbana. EPA
    Lizzo arrives in a red floral caped dress by Dolce & Gabbana. EPA
  • Mary J Blige in a metallic dress by The Blonds. AFP
    Mary J Blige in a metallic dress by The Blonds. AFP
  • Camila Cabello in a black PatBo dress featuring a pearl bralette. Reuters
    Camila Cabello in a black PatBo dress featuring a pearl bralette. Reuters
  • Cardi B arrives in a geometric gown by Gaurav Gupta. AP
    Cardi B arrives in a geometric gown by Gaurav Gupta. AP
  • Bebe Rexha in pink Moschino. EPA
    Bebe Rexha in pink Moschino. EPA
  • Kacey Musgraves wears a powder pink bodysuit and feathered cape by Valentino. EPA
    Kacey Musgraves wears a powder pink bodysuit and feathered cape by Valentino. EPA
  • Kelsea Ballerini in yellow Prabal Gurung. EPA
    Kelsea Ballerini in yellow Prabal Gurung. EPA
  • Shania Twain wears a polka dot suit and matching hat by Harris Reed. AFP
    Shania Twain wears a polka dot suit and matching hat by Harris Reed. AFP
  • Queen Latifah arrives in a black velvet cape dress. AP
    Queen Latifah arrives in a black velvet cape dress. AP
  • Lourdes Leon in a red embellished dress by Area. AFP
    Lourdes Leon in a red embellished dress by Area. AFP
  • Blac Chyna, left, walks the red carpet with Cameroonian singer and fashion designer Dencia, both wearing custom bejewelled looks. EPA
    Blac Chyna, left, walks the red carpet with Cameroonian singer and fashion designer Dencia, both wearing custom bejewelled looks. EPA
  • Heidi Klum wears a gold dress by The Blonds. AFP
    Heidi Klum wears a gold dress by The Blonds. AFP
  • Bonnie Raitt wears an embellished blazer. EPA
    Bonnie Raitt wears an embellished blazer. EPA
  • Sheryl Crow in black Alexander McQueen. AFP
    Sheryl Crow in black Alexander McQueen. AFP
  • Cheryl 'Salt' James, left, and Sandra 'Pepa' Denton arrive. AP
    Cheryl 'Salt' James, left, and Sandra 'Pepa' Denton arrive. AP
  • Sierra Ferrell in a mint green dress by Gunnar Deatherage. EPA
    Sierra Ferrell in a mint green dress by Gunnar Deatherage. EPA
  • Amanda Gorman in a black lace Prada gown. EPA
    Amanda Gorman in a black lace Prada gown. EPA
  • Ella Mai arrives in a black one-shoulder gown. AP
    Ella Mai arrives in a black one-shoulder gown. AP
  • Anna Sitar in black Christopher Esber. EPA
    Anna Sitar in black Christopher Esber. EPA
  • Carly Pearce in monochrome floral Rasario. EPA
    Carly Pearce in monochrome floral Rasario. EPA
Tips to keep your car cool
  • Place a sun reflector in your windshield when not driving
  • Park in shaded or covered areas
  • Add tint to windows
  • Wrap your car to change the exterior colour
  • Pick light interiors - choose colours such as beige and cream for seats and dashboard furniture
  • Avoid leather interiors as these absorb more heat

Leap of Faith

Michael J Mazarr

Public Affairs

Dh67
 

How it works

Each player begins with one of the great empires of history, from Julius Caesar's Rome to Ramses of Egypt, spread over Europe and the Middle East.

Round by round, the player expands their empire. The more land they have, the more money they can take from their coffers for each go.

As unruled land and soldiers are acquired, players must feed them. When a player comes up against land held by another army, they can choose to battle for supremacy.

A dice-based battle system is used and players can get the edge on their enemy with by deploying a renowned hero on the battlefield.

Players that lose battles and land will find their coffers dwindle and troops go hungry. The end goal? Global domination of course.

SPECS

Engine: Two-litre four-cylinder turbo
Power: 235hp
Torque: 350Nm
Transmission: Nine-speed automatic
Price: From Dh167,500 ($45,000)
On sale: Now

Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

Kanye%20West
%3Cp%3EYe%20%E2%80%94%20the%20rapper%20formerly%20known%20as%20Kanye%20West%20%E2%80%94%20has%20seen%20his%20net%20worth%20fall%20to%20%24400%20million%20in%20recent%20weeks.%20That%E2%80%99s%20a%20precipitous%20drop%20from%20Bloomberg%E2%80%99s%20estimates%20of%20%246.8%20billion%20at%20the%20end%20of%202021.%3Cbr%3EYe%E2%80%99s%20wealth%20plunged%20after%20business%20partners%2C%20including%20Adidas%2C%20severed%20ties%20with%20him%20on%20the%20back%20of%20anti-Semitic%20remarks%20earlier%20this%20year.%3Cbr%3EWest%E2%80%99s%20present%20net%20worth%20derives%20from%20cash%2C%20his%20music%2C%20real%20estate%20and%20a%20stake%20in%20former%20wife%20Kim%20Kardashian%E2%80%99s%20shapewear%20firm%2C%20Skims.%3C%2Fp%3E%0A
The%20specs
%3Cp%3E%0D%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E4.0-litre%20twin-turbo%20V8%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E666hp%20at%206%2C000rpm%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E850Nm%20at%202%2C300-4%2C500rpm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E8-speed%20auto%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3EQ1%202023%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3Efrom%20Dh1.15%20million%20(estimate)%3C%2Fp%3E%0A
Fund-raising tips for start-ups

Develop an innovative business concept

Have the ability to differentiate yourself from competitors

Put in place a business continuity plan after Covid-19

Prepare for the worst-case scenario (further lockdowns, long wait for a vaccine, etc.) 

Have enough cash to stay afloat for the next 12 to 18 months

Be creative and innovative to reduce expenses

Be prepared to use Covid-19 as an opportunity for your business

* Tips from Jassim Al Marzooqi and Walid Hanna

FIXTURES

Monday, January 28
Iran v Japan, Hazza bin Zayed Stadium (6pm)

Tuesday, January 29
UAEv Qatar, Mohamed Bin Zayed Stadium (6pm)

Friday, February 1
Final, Zayed Sports City Stadium (6pm)

Cultural fiesta

What: The Al Burda Festival
When: November 14 (from 10am)
Where: Warehouse421,  Abu Dhabi
The Al Burda Festival is a celebration of Islamic art and culture, featuring talks, performances and exhibitions. Organised by the Ministry of Culture and Knowledge Development, this one-day event opens with a session on the future of Islamic art. With this in mind, it is followed by a number of workshops and “masterclass” sessions in everything from calligraphy and typography to geometry and the origins of Islamic design. There will also be discussions on subjects including ‘Who is the Audience for Islamic Art?’ and ‘New Markets for Islamic Design.’ A live performance from Kuwaiti guitarist Yousif Yaseen should be one of the highlights of the day. 

The Pope's itinerary

Sunday, February 3, 2019 - Rome to Abu Dhabi
1pm: departure by plane from Rome / Fiumicino to Abu Dhabi
10pm: arrival at Abu Dhabi Presidential Airport


Monday, February 4
12pm: welcome ceremony at the main entrance of the Presidential Palace
12.20pm: visit Abu Dhabi Crown Prince at Presidential Palace
5pm: private meeting with Muslim Council of Elders at Sheikh Zayed Grand Mosque
6.10pm: Inter-religious in the Founder's Memorial


Tuesday, February 5 - Abu Dhabi to Rome
9.15am: private visit to undisclosed cathedral
10.30am: public mass at Zayed Sports City – with a homily by Pope Francis
12.40pm: farewell at Abu Dhabi Presidential Airport
1pm: departure by plane to Rome
5pm: arrival at the Rome / Ciampino International Airport

Business Insights
  • As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses. 
  • SMEs with revenue below Dh3 million per annum can opt for transitional relief until 2026, treating them as having no taxable income. 
  • Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.
Farasan Boat: 128km Away from Anchorage

Director: Mowaffaq Alobaid 

Stars: Abdulaziz Almadhi, Mohammed Al Akkasi, Ali Al Suhaibani

Rating: 4/5

Jawan
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EAtlee%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Shah%20Rukh%20Khan%2C%20Nayanthara%2C%20Vijay%20Sethupathi%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E4%2F5%3C%2Fp%3E%0A

Fire and Fury
By Michael Wolff,
Henry Holt

F1 2020 calendar

March 15 - Australia, Melbourne; March 22 - Bahrain, Sakhir; April 5 - Vietnam, Hanoi; April 19 - China, Shanghai; May 3 - Netherlands, Zandvoort; May 20 - Spain, Barcelona; May 24 - Monaco, Monaco; June 7 - Azerbaijan, Baku; June 14 - Canada, Montreal; June 28 - France, Le Castellet; July 5 - Austria, Spielberg; July 19 - Great Britain, Silverstone; August 2 - Hungary, Budapest; August 30 - Belgium, Spa; September 6 - Italy, Monza; September 20 - Singapore, Singapore; September 27 - Russia, Sochi; October 11 - Japan, Suzuka; October 25 - United States, Austin; November 1 - Mexico City, Mexico City; November 15 - Brazil, Sao Paulo; November 29 - Abu Dhabi, Abu Dhabi.

Teams in the EHL

White Bears, Al Ain Theebs, Dubai Mighty Camels, Abu Dhabi Storms, Abu Dhabi Scorpions and Vipers

Our legal consultant

Name: Dr Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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.”

Key findings of Jenkins report
  • Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
  • Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
  • Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
  • Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
Updated: February 06, 2023, 1:21 PM