All the winners from this year's MTV EMAs: from BTS to Liam Gallagher

Korean pop band BTS led the way at the MTV European Music Awards in Seville, Spain on Sunday, taking home two of the most coveted awards of the night.

The seven-piece K-pop band, who have been at the forefront of K-pop's astronomical rise around the globe, won the Best Live and Biggest Fans categories.

It was also a big night for boy band NCT 127, who became the first ever K-pop group to perform on stage at the EMAs.

"It makes us very nervous to know that we are the first K-pop group to be here but ... we think it's important," said band member Johnny. "We want to show our fans in Europe our great performance."

Oasis frontman Liam Gallagher was another of the night's big winners, taking home the first-ever MTV Rock Icon award.

Taylor Swift won Best US Act and Best Video, while Billie Eilish was awarded Best Song and Best New in a show that celebrated Year of the Woman with performances from acts including Dua Lipa, Halsey and Rosalia.

"We are about that girl power always, I think that's what's happening right now," host Becky G said on the red carpet.

Liam Gallagher closed the show with his new single Once and a singalong rendition of Oasis anthem Wonderwall, complete with string instruments and band.

"I want to thank MTV for recognising my brilliance," Gallagher said when receiving the award.

The show at Seville's Fibes Conference and Exhibition centre also saw the first global performance of Como No, the reggaeton hit by Akon and Becky G. She later performed a medley of her most known tracks including 24/7, Sin Pijama and Mayores.

Some of the biggest screams on the EMAs red carpet were for a surprise guest, footballer Cristiano Ronaldo, who arrived with his girlfriend Georgina Rodriguez.

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See who wore what to the MTV EMAs

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American rockers Green Day played for thousands of fans in Seville's iconic Plaza de Espana, performing their new single Father of All and fan favourite Basket Case.

Other notable performances included Halsey, who won Best Pop, lighting up the stage for an intimate performance of Graveyard during which she set fire to a carousel horse.

Local singer and international sensation Rosalia gave a powerful performance of Di Mi Nombre backed by 52 dancers against a pyramid of red chairs. She won Best Collaboration along with J Balvin for their hit Con Altura ft. El Guincho.

Dua Lipa opened the show with the first global stage performance of her new song Don't Start Now along with a yellow wall of dancers.

An all-female orchestra accompanied Best Push winner Ava Max, who sang her hits Torn and Sweet but Psycho.

Pop heavyweight Ariana Grande, nominated for seven awards, went home empty handed.

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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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Individuals must register on UAE Drone app or website using their UAE Pass
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The National Archives, Abu Dhabi

Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.

Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en

Know your Camel lingo

The bairaq is a competition for the best herd of 50 camels, named for the banner its winner takes home

Namoos - a word of congratulations reserved for falconry competitions, camel races and camel pageants. It best translates as 'the pride of victory' - and for competitors, it is priceless

Asayel camels - sleek, short-haired hound-like racers

Majahim - chocolate-brown camels that can grow to weigh two tonnes. They were only valued for milk until camel pageantry took off in the 1990s

Millions Street - the thoroughfare where camels are led and where white 4x4s throng throughout the festival