epa04684402 Dutch DJ Fedde Le Grand performs at the Ultra Music Festival during Miami Music Week, in Miami, Florida, USA, 28 March 2015. EPA/JOE SKIPPER
epa04684402 Dutch DJ Fedde Le Grand performs at the Ultra Music Festival during Miami Music Week, in Miami, Florida, USA, 28 March 2015. EPA/JOE SKIPPER
epa04684402 Dutch DJ Fedde Le Grand performs at the Ultra Music Festival during Miami Music Week, in Miami, Florida, USA, 28 March 2015. EPA/JOE SKIPPER
epa04684402 Dutch DJ Fedde Le Grand performs at the Ultra Music Festival during Miami Music Week, in Miami, Florida, USA, 28 March 2015. EPA/JOE SKIPPER

Music

Clubland: Infinity Sessions, Zed Mechanics, Fly Project and Akcent

A beach side music festival, progressive sounds and Romanian dance music are on offer this weekend

Saeed Saeed
Saeed Saeed
Abu Dhabi

October 10, 2017

  • English
  • Arabic

Infinity Sessions at Nasimi Beach

Ever since the plug was pulled on the popular music festival Sandance, the music action at Atlantis the Palm has moved to another idyllic spot on the resort called Nasimi Beach. This is not entirely a bad thing. Where the latter editions of Sandance was more raucous than rock, Friday's Infinity sessions at Nasimi is a more chilled affair with a tasteful selection of DJ playing house, techno and dance. Headliners include Fedde Le Grand, Karen Harding and Tough Love. Friday, October 13. Tickets begin from Dh250 from dubai.platinumlist.net. Doors open at 7pm.

Zen Mechanics

Get ready to get psyched out with a club set by Zen Mechanics. The artistic name for Dutchman Wouter Thomassesn, the experienced DJ fuses trance, progressive, breaks and ambient elements to create a heady sound both soulful and dancefloor ready. Thursday, October 12, at ON42 at Media One Hotel, Dubai. Doors open at 9pm with tickets priced at Dh120. For details go email info@ravelations.com / ravelations@gmail.com

Fly Project and Akcent

Romania is fast establishing itself as one of the Europe's hottest dance hubs. With the country winning the Best Nation title at the recent DJ Awards in Ibiza, this is a good time to hear what the fuss is about. The tech festival will close on Thursday with two of Bucharest's finest, the MTV Europe nominated Fly Project and dance-pop artist Akcent. Conference begins at 10am on Thursday, October 12, while the show begins at 11pm. Tickets are Dh250 from dubai.platinumlist.net

________________

Read more:

________________

The biogs

Name: Zinah Madi

Occupation: Co-founder of Dots and links

Nationality: Syrian

Family: Married, Mother of Tala, 18, Sharif, 14, Kareem, 2

Favourite Quote: “There is only one way to succeed in anything, and that is to give it everything.”

 

Name: Razan Nabulsi

Occupation: Co-founder of Dots and Links

Nationality: Jordanian

Family: Married, Mother of Yahya, 3.5

Favourite Quote: A Chinese proverb that says: “Be not afraid of moving slowly, be afraid only of standing still.”

While you're here
While you're here
The Indo-Pacific
THE DETAILS

Director: Milan Jhaveri
Producer: Emmay Entertainment and T-Series
Cast: John Abraham, Manoj Bajpayee
Rating: 2/5

The specs

Engine: Four electric motors, one at each wheel

Power: 579hp

Torque: 859Nm

Transmission: Single-speed automatic

Price: From Dh825,900

On sale: Now

UAE currency: the story behind the money in your pockets
While you're here
ENGLAND TEAM

England (15-1)
George Furbank; Jonny May, Manu Tuilagi, Owen Farrell (capt), Elliot Daly; George Ford, Ben Youngs; Tom Curry, Sam Underhill, Courtney Lawes; Charlie Ewels, Maro Itoje; Kyle Sinckler, Jamie George, Joe Marler
Replacements: Luke Cowan-Dickie, Ellis Genge, Will Stuart, George Kruis, Lewis Ludlam, Willi Heinz, Ollie Devoto, Jonathan Joseph

Our legal columnist

Name: Yousef Al Bahar

Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994

Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

Wicked: For Good

Director: Jon M Chu

Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater

Rating: 4/5

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.”

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20OneOrder%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%20March%202022%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Tamer%20Amer%20and%20Karim%20Maurice%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Cairo%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%20%3C%2Fstrong%3E82%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Series%20A%3C%2Fp%3E%0A
Read more about the coronavirus
MusicMusic festivals