R3hab, real name Fadil El Ghoul, has had an impressive career.
The DJ and producer has played at many of the world's leading festivals, and his upbeat dance anthems, including the hits All Around the World (La La La) and Creep, have amassed more than a billion streams.
At number 14 in the influential DJ MAG's Top 100 list, the Moroccan-Dutch artist is also the Arab world's EDM leading light.
My mother usually doesn't watch my shows but this one she really wanted to see because I was there with Diab
However, all that industry kudos is no match for a mother’s nod. While her support has always been forthcoming, El Ghoul, 34, says his "mum, I've made it," moment came in December last year when he performed at Saudi Arabia’s MDL Beast Festival in Riyadh.
He says performing in front of 50,000 people alongside special guest Egyptian pop king Amr Diab was both a personal and professional milestone.
"It was funny. My mother usually doesn't watch my shows, but this one she really wanted to see because I was there with Diab," he tells The National.
“It is always great when your family are interested in what you do, but when you do something that resonates with their culture, that just makes it extra-special.”
Why a song is like a margherita pizza
Considering the challenging times we are living in, that memory is now bittersweet, too. With the pandemic having wiped out the summer festival season, El Ghoul says he misses being on the move, but that the time he has spent indoors has been creatively fulfilling.
His single Miss You More Than You Know is the latest of seven tracks, including originals and remixes, released in the space of three months.
With the Latin pop sensibilities of Besame (I Need You) and the banging vibes of Timmy Trumpet collaboration 911, El Ghoul's new material paints a picture of an increasingly assured producer and songwriter.
The tropical house flavours of Miss You More Than You Know are not a gimmick. From the keyboards that both twinkle and luxuriate, to the affecting chorus carried by Dutch vocalist Sofia Carson, the track is simply a fine piece of songwriting.
This is an aspect of his craft that he has been working on over the years. With DJs constantly preparing for the next festival, he says a lack of focus because of a busy schedule often seeps into the songwriting and results in tracks that lack subtlety and balance.
“This is something I struggled with a couple of years ago,” he says. “Sometimes when you produce you do it to impress yourself or other producers. You want to show off your skills and technique. But really, what you should be doing is serving the song.”
El Ghoul breaks it down even further by comparing a timeless pop song to a margherita pizza.
“It’s a classic dish and there is nothing wrong with it,” he says. “Sure, sometimes you can add extra things like smoked cheese to elevate it. But once you start putting things like foie gras on it, then it stops being that pizza and it becomes something else. It is the same with songwriting, in that the focus should always be on maintaining the essence of the song.”
On moving to the UAE
Keeping it simple is a life principle El Ghoul lives by. He was born in the Netherlands to Moroccan parents, and he describes himself as a "logical thinker" when it comes to his career. This means there are no flowery discussions about seeking inspiration when talking to him.
He aims to work on one song idea a day in the knowledge that by the end of each month, he will have some killer tunes to pick from.
That quality control also extends to his life off the decks. He prefers to spend time with family and friends as opposed to enjoying the hedonism that comes with the life of a jet-setting DJ, something he says is down to his cultural roots.
To this day, his favourite memories are not the large and enthusiastic crowds, but the more intimate moments spent with loved ones in his parent’s home city of Marrakesh.
“Until I was 17, I would visit there each summer. I remember just hanging out with friends, enjoying the food, getting spoilt by my uncles and talking in the Moroccan dialect,” he says.
“It was simple. Moroccan, and generally Arab culture, has a family vibe, which I love.”
This is why El Ghoul says he is seriously considering moving to the UAE next year. He views the country as an ideal base from which to unwind and focus in between bouts of frenetic touring.
“I can’t explain it, but I feel like I really need this sense of family and connection,” he says. “I love visiting cities like New York, but after a while it just feels cold and survival of the fittest.
"The UAE is different in that it is both modern and it still has that family vibe. Like Marrakesh, it is a fusion of all these styles and cultures. So it’s likely I will move there soon.”
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 profile
Name: Steppi
Founders: Joe Franklin and Milos Savic
Launched: February 2020
Size: 10,000 users by the end of July and a goal of 200,000 users by the end of the year
Employees: Five
Based: Jumeirah Lakes Towers, Dubai
Financing stage: Two seed rounds – the first sourced from angel investors and the founders' personal savings
Second round raised Dh720,000 from silent investors in June this year
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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
UAE v Gibraltar
What: International friendly
When: 7pm kick off
Where: Rugby Park, Dubai Sports City
Admission: Free
Online: The match will be broadcast live on Dubai Exiles’ Facebook page
UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)
Dengue%20fever%20symptoms
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War 2
Director: Ayan Mukerji
Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana
Rating: 2/5