David Guetta paid tribute to the adoring masses at Yas Arena on Friday night.
David Guetta paid tribute to the adoring masses at Yas Arena on Friday night.
David Guetta paid tribute to the adoring masses at Yas Arena on Friday night.
David Guetta paid tribute to the adoring masses at Yas Arena on Friday night.

David Guetta wows the crowd at Yas Arena


Saeed Saeed
  • English
  • Arabic

It really does look like the best job in the world: a superstar DJ standing behind a deck three storeys high and thousands of his glow-stick-waving fans dancing below.

What do you do? Well you take it all in, bask in it, of course.

That is what the French house DJ David Guetta did repeatedly throughout his two-hour set at Yas Arena on Friday night. Still, there were variations to this routine.

In one, Guetta would close his eyes and stretch out his arms as if in anticipation of a mass hug. In another, he was so enamoured with his own production that he would break out into fits of air piano with his eyes shut. In fact, one wondered how many times Guetta had his eyes open during the set.

Well, there was the moment during When Love Takes Over when he was so excited by the thumping beat that he took off his leather jacket and threw it to the floor. However, immediately realising this fashion faux pas, he picked it up and placed it carefully under his deck after brushing it off. The man may be an international superstar, but he is a stylish Frenchman first and foremost.

For anyone convinced that Madonna’s forthcoming performance will result in Yas Arena’s biggest-ever concert gathering, there’s no question that Guetta’s sold-out performance can easily come in as a close second.

The crowd was heaving in anticipation of Guetta’s arrival and the energy didn’t let up as he spun a slamming two-hour set, mixing house, modern pop and his own productions.

While Guetta’s performance is not high on technical skills, he compensates for it with his sheer enthusiasm on stage, coupled with his sweet musical ear. Some DJs view their stubbornly underground productions as a badge of honour. Guetta, however, has steadily been opening his sound for the masses for nearly a decade.

While this may have resulted in a backlash from dance purists, the pay-off is a new generation of music fans connecting with a genre they once found alien or, worse, merely white noise.

Guetta displayed the fusion a few times during the set. One was his latest remix of Coldplay's Paradise. While the British group's Mylo Xyloto – spawning Paradise – may have been solid, it failed somewhat in their promise that it would be their most dance-orientated release.

Guetta's version seemed to be closer to what Coldplay may have intended; he paired Chris Martin's falsetto chorus with a sturdier beat and sweeping synths. The crowd lapped it up immediately with a singalong the UK group would have been proud of. Guetta also lent his mixing talents to Gotye's Somebody that I Used to Know, turning the song's original tetchy vibe into something more euphoric; even Kimbra's slinky guest verse in the original came off as positively benign. Guetta then paid homage to his peers, with tracks such as the Chemical Brothers' Block Rockin' Beats and Hello by Martin Solveig given an airing.

However, the most crowd-­pleasing numbers were his own original compositions.

There is a benefit to Guetta’s chewy dance-pop sounds in that they make his deft mixing easier to follow. While Armin van Buuren and Tiesto’s melding of tracks may seem random except to hard-core dance heads, Guetta’s earworm tunes act as an introductory mixing class to the uninitiated.

In some cases, such as in Sexy Chick, Guetta would use the song ­almost as a musical coda throughout the set; allowing its chorus to act as a bridge to the next track as well as maintaining the crowd's anticipation for its arrival. When Sexy Chick eventually dropped, it was in a more stripped-down format; the beats were tribal, the synths more heated. You sensed this could have been the song's original incarnation before it received its glossy pop makeover.

Such instances make Guetta’s performance more than a simple exercise in knob twiddling. The Guetta experience can be shared by all, from those wanting simply to dance to the musically curious.

But don’t expect Guetta to acknowledge all of it. He is too busy closing his eyes, taking it all in.

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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.”

The specs: 2018 BMW X2 and X3

Price, as tested: Dh255,150 (X2); Dh383,250 (X3)

Engine: 2.0-litre turbocharged inline four-cylinder (X2); 3.0-litre twin-turbo inline six-cylinder (X3)

Power 192hp @ 5,000rpm (X2); 355hp @ 5,500rpm (X3)

Torque: 280Nm @ 1,350rpm (X2); 500Nm @ 1,520rpm (X3)

Transmission: Seven-speed automatic (X2); Eight-speed automatic (X3)

Fuel consumption, combined: 5.7L / 100km (X2); 8.3L / 100km (X3)

ANDROID%20VERSION%20NAMES%2C%20IN%20ORDER
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A new relationship with the old country

Treaty of Friendship between the United Kingdom of Great Britain and Northern Ireland and the United Arab Emirates

The United kingdom of Great Britain and Northern Ireland and the United Arab Emirates; Considering that the United Arab Emirates has assumed full responsibility as a sovereign and independent State; Determined that the long-standing and traditional relations of close friendship and cooperation between their peoples shall continue; Desiring to give expression to this intention in the form of a Treaty Friendship; Have agreed as follows:

ARTICLE 1 The relations between the United Kingdom of Great Britain and Northern Ireland and the United Arab Emirates shall be governed by a spirit of close friendship. In recognition of this, the Contracting Parties, conscious of their common interest in the peace and stability of the region, shall: (a) consult together on matters of mutual concern in time of need; (b) settle all their disputes by peaceful means in conformity with the provisions of the Charter of the United Nations.

ARTICLE 2 The Contracting Parties shall encourage education, scientific and cultural cooperation between the two States in accordance with arrangements to be agreed. Such arrangements shall cover among other things: (a) the promotion of mutual understanding of their respective cultures, civilisations and languages, the promotion of contacts among professional bodies, universities and cultural institutions; (c) the encouragement of technical, scientific and cultural exchanges.

ARTICLE 3 The Contracting Parties shall maintain the close relationship already existing between them in the field of trade and commerce. Representatives of the Contracting Parties shall meet from time to time to consider means by which such relations can be further developed and strengthened, including the possibility of concluding treaties or agreements on matters of mutual concern.

ARTICLE 4 This Treaty shall enter into force on today’s date and shall remain in force for a period of ten years. Unless twelve months before the expiry of the said period of ten years either Contracting Party shall have given notice to the other of its intention to terminate the Treaty, this Treaty shall remain in force thereafter until the expiry of twelve months from the date on which notice of such intention is given.

IN WITNESS WHEREOF the undersigned have signed this Treaty.

DONE in duplicate at Dubai the second day of December 1971AD, corresponding to the fifteenth day of Shawwal 1391H, in the English and Arabic languages, both texts being equally authoritative.

Signed

Geoffrey Arthur  Sheikh Zayed

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SPECS
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%20Dual%20electric%20motors%20with%20102kW%20battery%20pack%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E570hp%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ETorque%3A%3C%2Fstrong%3E%20890Nm%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERange%3A%3C%2Fstrong%3E%20Up%20to%20428km%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20Now%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh1%2C700%2C000%3C%2Fp%3E%0A
Specs

Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request

Groom and Two Brides

Director: Elie Semaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5

ONCE UPON A TIME IN GAZA

Starring: Nader Abd Alhay, Majd Eid, Ramzi Maqdisi

Directors: Tarzan and Arab Nasser

Rating: 4.5/5

The%20Roundup
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BULKWHIZ PROFILE

Date started: February 2017

Founders: Amira Rashad (CEO), Yusuf Saber (CTO), Mahmoud Sayedahmed (adviser), Reda Bouraoui (adviser)

Based: Dubai, UAE

Sector: E-commerce 

Size: 50 employees

Funding: approximately $6m

Investors: Beco Capital, Enabling Future and Wain in the UAE; China's MSA Capital; 500 Startups; Faith Capital and Savour Ventures in Kuwait

Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
On sale: Now
Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)
MATCH INFO

Juventus 1 (Dybala 45')

Lazio 3 (Alberto 16', Lulic 73', Cataldi 90 4')

Red card: Rodrigo Bentancur (Juventus)

Wonka
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BORDERLANDS

Starring: Cate Blanchett, Kevin Hart, Jamie Lee Curtis

Director: Eli Roth

Rating: 0/5

Dust and sand storms compared

Sand storm

  • Particle size: Larger, heavier sand grains
  • Visibility: Often dramatic with thick "walls" of sand
  • Duration: Short-lived, typically localised
  • Travel distance: Limited 
  • Source: Open desert areas with strong winds

Dust storm

  • Particle size: Much finer, lightweight particles
  • Visibility: Hazy skies but less intense
  • Duration: Can linger for days
  • Travel distance: Long-range, up to thousands of kilometres
  • Source: Can be carried from distant regions