It's 45 minutes until the gates open at the Jazzablanca Festival and founder Moulay Alami is feeling the heat — in more ways than one.
Since its launch in 2006, the annual event in Casablanca has evolved into an occasion with a perennial, almost cult-like following. In 2022, it finds itself as the poster child for the city's reopening after most Covid-19 safety restrictions in Morocco were lifted.
On Friday afternoon, Alami paces around the festival’s new site, the sprawling Anfa Park near the coast, as he conducts final checks on the security gates, sponsorship booths and the various “villages", where an estimated 17,000 people will watch performances, relax and eat from the international food stands over the next three days.
“We have done this so many times, but this year feels important,” he tells The National. “The fact we are able to stand here and open the gates is, in its own way, a miracle.”
Alami reveals the festival only received government authorisation to run in late April.
Hoping the gradual decrease in Covid-19 infection rates would result in the lifting of restrictions, Alami and his team had been plotting the return of the festival since the start of the year.
However, with the green light arriving just weeks before the proposed date, the remaining period was spent in a frenzied dash to secure the artist line-up and sponsors.
“The support we received from everyone was overwhelming,” he says.
“There was definitely this sense and that we need to work together and get back to normal because for the last two years the events sector in Casablanca, and really most of Morocco, has been non-existent.
“So everyone wanted to help because we are the first major festival to come back to the city.”
That good will was also extended from the artists.
Jazzablanca has secured an impressive and eclectic line-up for revellers with US blues singer Ben Harper, Lebanese-French trumpeter and composer Ibrahim Maalouf and Ethiopian jazz pioneer Mulatu Astatke the major headliners.
"It did feel like everything was going our way because many of the artists were understanding," he says.
"They of course knew the reputation we have built over the years and many were happy to return to Casablanca.
They know the crowds here are beautiful and supportive.”
A musical reunion
In addition to international acts on stage, Jazzablanca also serves as a rallying point for the city’s musicians, many of whom suffered great financial difficulties due to the shuttering of venues since the onset of the pandemic.
"To suddenly stop doing what you only know and love for two years is extremely hard and you can’t just bounce back,” says singer-songwriter Jihane Bougrine.
“I have been fortunate in that I was using the time away to record new songs and release music videos, but others have left music all together to find other jobs to support them.”
Osman Messawi was contemplating a similar move.
Born and raised in Casablanca, the pianist was considering retiring from life as a working musician, to become an antiques collector.
“You can find many things in the markets across Morocco, such as historic bank notes and books, which you can sell on to collectors or museums,” he says.
“Now music venues are back; I am a little nervous about stepping back into it fully.
“One thing I learned from this big mess is that I will always have a plan B, or a second source of income. I think many musicians learned that from this experience.”
Appreciating what we have
Jazzablanca’s return also functions as a psychological boost for the city’s residents.
Bougrine says the cultural chill caused by the pandemic affected the character of the city.
"Casablanca is a place rich in history and culture with many local and international festivals about many kinds of arts," she says.
“The people and city really feed off that energy and that's what gives Casablanca its vibe.
“Perhaps, we all needed the reminder these things are built on the back of artists and festival organisers.
“Now that we can enjoy these things again, I hope we don't take it for granted and show greater support.”
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ABU%20DHABI%20CARD
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What to watch out for:
Algae, waste coffee grounds and orange peels will be used in the pavilion's walls and gangways
The hulls of three ships will be used for the roof
The hulls will painted to make the largest Italian tricolour in the country’s history
Several pillars more than 20 metres high will support the structure
Roughly 15 tonnes of steel will be used
Results
6pm: Dubai Trophy – Conditions (TB) $100,000 (Turf) 1,200m
Winner: Silent Speech, William Buick (jockey), Charlie Appleby
(trainer)
6.35pm: Jumeirah Derby Trial – Conditions (TB) $60,000 (T)
1,800m
Winner: Island Falcon, Frankie Dettori, Saeed bin Suroor
7.10pm: UAE 2000 Guineas Trial – Conditions (TB) $60,000 (Dirt)
1,400m
Winner: Rawy, Mickael Barzalona, Salem bin Ghadayer
7.45pm: Al Rashidiya – Group 2 (TB) $180,000 (T) 1,800m
Winner: Desert Fire, Hector Crouch, Saeed bin Suroor
8.20pm: Al Fahidi Fort – Group 2 (TB) $180,000 (T) 1,400m
Winner: Naval Crown, William Buick, Charlie Appleby
8.55pm: Dubawi Stakes – Group 3 (TB) $150,000 (D) 1,200m
Winner: Al Tariq, Pat Dobbs, Doug Watsons
9.30pm: Aliyah – Rated Conditions (TB) $80,000 (D) 2,000m
Winner: Dubai Icon, Patrick Cosgrave, Saeed bin Suroor
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Napoleon
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THE BIO
Age: 33
Favourite quote: “If you’re going through hell, keep going” Winston Churchill
Favourite breed of dog: All of them. I can’t possibly pick a favourite.
Favourite place in the UAE: The Stray Dogs Centre in Umm Al Quwain. It sounds predictable, but it honestly is my favourite place to spend time. Surrounded by hundreds of dogs that love you - what could possibly be better than that?
Favourite colour: All the colours that dogs come in
Specs
Engine: Dual-motor all-wheel-drive electric
Range: Up to 610km
Power: 905hp
Torque: 985Nm
Price: From Dh439,000
Available: Now
Dolittle
Director: Stephen Gaghan
Stars: Robert Downey Jr, Michael Sheen
One-and-a-half out of five stars
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SPECS
Toyota land Cruiser 2020 5.7L VXR
Engine: 5.7-litre V8
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More on Quran memorisation:
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
Queen
Nicki Minaj
(Young Money/Cash Money)
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.”
Frankenstein in Baghdad
Ahmed Saadawi
Penguin Press