Madonna is rewinding the years in the studio and on stage.
In addition to announcing a rare greatest hits world tour beginning in October, the pop star tweeted she was working with hitmaker Max Martin — one of the greatest producers of all time.
News of the collaboration has been welcomed by fans missing Madonna’s signature pop sound.
It also marks an important step in safeguarding her enduring status as the queen of pop.
Here is why the Madonna and Martin collaboration is exciting news.
1. Max Martin is a hit machine
The Swede is undoubtedly one of pop music’s most important producers and is behind some of the biggest hits from the last three decades.
He has written or co-written 25 Billboard Hot 100 chart toppers, from Britney Spears’s 1999 hit … Baby One More Time and 2010’s California Gurls with Katy Perry to Maroon 5's One More Night (2012) and 2021’s My Universe by Coldplay and BTS.
A former member of the '80s hard rock band It's Alive, Martin is the melody doctor stars seek when searching for chart success.
Taylor Swift enlisted Martin to executive produce the blockbuster album 1989, signalling her transition from country pop music stardom.
The Weeknd showed he was a superstar in the making with his first major hit, 2015's Can't Feel My Face, also co-written and produced by Martin.
With such a pedigree, it seems surprising Madonna is only now calling on his services. Then again, her choice of producers is often dictated by the artistic direction of the project.
With Madonna's next tour a greatest hits affair, Martin’s involvement is a further sign she wants to rediscover that magic of old. Cherish the thought.
2. Madonna seriously needs a major hit
The image of Madonna and Martin working in the studio is like a prayer answered for fans pining for a back-to-basics pop approach from the singer.
Ever since 1998's Ray of Light and 2000's Music, a pair of seminal albums ushering house and electronic music to the mainstream, Madonna's work took a more erratic turn.
Particular misfires included 2003's maudlin electro-folk stylings of American Life, in which the Material Girl mediated on American consumerism and 2019's Madame X, whose dabbling in Latin pop and world music was more admired than enjoyed.
Madonna’s last chart-topping single on the Billboard Hot 100 was in 2000 — a time before streaming services and TikTok arrived to redefine the music industry today. Ever since, a new legion of artists, from Beyonce and Lady Gaga to Taylor Swift and Ariana Grande, have emerged vying for her pop throne.
With Martin by her side in the studio, Madonna can fend off these challengers for a while yet.
3. The new music will remind us of her impact
Madonna is looking back to go forward.
After four decades of pushing the envelope in all aspects of her artistry, from production to marketing, Madonna is content to look back at how far she has come.
With a multi-year campaign already underway marking 40 years in the industry — including the releases of "deluxe editions" of all 14 solo albums, in addition to live albums and compilations — we will be celebrating Madonna’s cultural impact for some time to come.
THURSDAY FIXTURES
4.15pm: Italy v Spain (Group A)
5.30pm: Egypt v Mexico (Group B)
6.45pm: UAE v Japan (Group A)
8pm: Iran v Russia (Group B)
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 specs
Engine: 1.5-litre 4-cylinder petrol
Power: 154bhp
Torque: 250Nm
Transmission: 7-speed automatic with 8-speed sports option
Price: From Dh79,600
On sale: Now
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Profile of Tarabut Gateway
Founder: Abdulla Almoayed
Based: UAE
Founded: 2017
Number of employees: 35
Sector: FinTech
Raised: $13 million
Backers: Berlin-based venture capital company Target Global, Kingsway, CE Ventures, Entrée Capital, Zamil Investment Group, Global Ventures, Almoayed Technologies and Mad’a Investment.
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U19 WORLD CUP, WEST INDIES
UAE group fixtures (all in St Kitts)
Saturday 15 January: v Canada
Thursday 20 January: v England
Saturday 22 January: v Bangladesh
UAE squad
Alishan Sharafu (captain), Shival Bawa, Jash Giyanani, Sailles Jaishankar, Nilansh Keswani, Aayan Khan, Punya Mehra, Ali Naseer, Ronak Panoly, Dhruv Parashar, Vinayak Raghavan, Soorya Sathish, Aryansh Sharma, Adithya Shetty, Kai Smith
The years Ramadan fell in May
Scores
Rajasthan Royals 160-8 (20 ov)
Kolkata Knight Riders 163-3 (18.5 ov)
RACECARD
6pm Emaar Dubai Sprint – Conditions (TB) $60,000 (Turf) 1,200m
6.35pm Graduate Stakes – Conditions (TB) $100,000 (Dirt) 1,600m
7.10pm Al Khail Trophy – Listed (TB) $100,000 (T) 2,810m
7.45pm UAE 1000 Guineas – Listed (TB) $150,000 (D) 1,600m
8.20pm Zabeel Turf – Listed (TB) $100,000 (T) 2,000m
8.55pm Downtown Dubai Cup – Rated Conditions (TB) $80,000 (D) 1,400m
9.30pm Zabeel Mile – Group 2 (TB) $180,000 (T) 1,600m
10.05pm Dubai Sprint – Listed (TB) $100,000 (T) 1,200m
Ultra processed foods
- Carbonated drinks, sweet or savoury packaged snacks, confectionery, mass-produced packaged breads and buns
- margarines and spreads; cookies, biscuits, pastries, cakes, and cake mixes, breakfast cereals, cereal and energy bars;
- energy drinks, milk drinks, fruit yoghurts and fruit drinks, cocoa drinks, meat and chicken extracts and instant sauces
- infant formulas and follow-on milks, health and slimming products such as powdered or fortified meal and dish substitutes,
- many ready-to-heat products including pre-prepared pies and pasta and pizza dishes, poultry and fish nuggets and sticks, sausages, burgers, hot dogs, and other reconstituted meat products, powdered and packaged instant soups, noodles and desserts.