The pandemic hasn’t stopped the classical music industry from celebrating a pioneer.
Despite the closure of concert halls for most of 2020, the 250th anniversary of Beethoven's birth was marked by spectacular performances that year.
This includes grand takes of the 9th Symphony in Abu Dhabi's Emirates Palace in January and the Temple of Bacchus in Baalbek, Lebanon in June.
The latest tribute to the German composer is more modern in style and substance.
Released exclusively on streaming platform Deezer, Beethoven Recomposed features acclaimed pianists putting their touch on a dozen of the composer's loved works.
Joining the likes of French artists Chilly Gonzales and Sofiane Pamart is Roger Eno.
And true to his standing as one of the architects of ambient music, the British pianist's contribution is suitably enveloping.
His take on Fur Elise, a piece published 40 years after Beethoven's death in 1867, is not so much a reworking but a reimagining.
Eno, 62, approaches the work by basing the titular character, the young and carefree woman, Elise, in the present context.
"I guess she would have been about 18 years old at the time and Beethoven wrote a piece that was appropriate for someone of that age – this also includes that little dance bit in the middle that you could have heard at any soiree of that period," he tells The National.
"I wanted to bring Elise here. A person during this age would be out having parties with friends, going out driving and just really be in love with being young.”
That effervescence gradually reveals itself.
Eno builds upon the Fur Elise's recognisable motif until reaching a radiant section full of minimal percussion, a genteel slide guitar and shimmering arpeggios.
Sonic postcards
Eno didn’t have to go too far to conjure up those pastoral images and the wide open road.
He only needs to look out from the window of his home studio in Bungay, a town in Suffolk, in the east of England.
A two-and-a-half-hour drive from London, Eno describes the quaint market town as a physical and creative refuge from the bustle of major cities.
To keep in contact with loved ones, he would send them greetings in the form of musical snippets.
"I often get up in the morning, go to my studio at home play with the piano," he says.
"Whatever comes out, I normally send them to my group of friends, including my brother Brian. I often look at it as these little postcards but in the form of MP3s."
Unbeknownst to Eno initially, pioneering producer Brian, 72 – the man behind seminal albums by U2 and Coldplay – kept those files and went to work on them by adding signature effects and atmospherics from his London studio.
These initial sketches went on to to form the outline for Mixing Colours, the brothers' debut joint album.
Painting with music
Eno recalls being excited by the music’s prospect upon hearing Brian’s contribution.
Resolving to continue the freewheeling approach, in the second half of 2019, the duo sent each other work from Bungay and London until they had enough for an album.
It was a process Eno describes as similar to painting.
"I would send Brian these black and white sketches and he would colour them in," he says.
"Now that doesn't demean both of our work. Brian, doesn't need a particularly melodic quality for his work because the kind of sounds he uses is what makes it so beautiful.
“That's his area and I am good at melody. If you put both of these together, you come up with a few strong pieces.”
Not only are the instrumental works, in most part, stunning and quietly devastating, Mixing Colours took on extra resonance as the pandemic raged on.
Released in March 2020, Eno recalls how fans and new listeners gravitated to the work, with its undulating, shape-shifting and melancholic piano and soothing otherworldly soundscapes, as an attempt to come to grips amid the uncertain times.
“It got to a stage where people thought that we created an album specifically for the pandemic, which totally wasn’t the case” he says.
Eno welcomes these assumptions, however. It proves Mixing Colours is achieving its purpose.
“It is a very introspective piece of work and it allows you to look inside yourself,” he says.
“I know that, at least in Britain, many people couldn’t go to office and stay at home. So there have been lots of points where we had to reflect on our lives and how we got here and this album is the perfect background music for that kind of process.”
Thicker than blood
To ensure there were no distractions from the meditation, the Enos titled each track after a colour.
Even the names are purposely opaque so that no meaning can be derived from the titles. Mood associated colours such as blue, red and black are jettisoned for Wintergreen, Dark Sienna and Verdigris.
Choosing these esoteric shades were the only time the brothers butted heads, albeit gently.
After nearly five decades collaborating on each other’s solo works, Eno says to finally release a joint album with his elder sibling doesn’t feel momentous at all.
Mixing Colours, he says, merely represents a combined pallet of their sounds and sensibilities.
“At the same time, I am aware that the kind of relationship we have, where both like the absolute same things, is not entirely normal,” Eno says with a laugh.
“The connection between Brian and I cannot be described as blood, it is something deeper and goes right down to our DNA.”
Infiniti QX80 specs
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About Proto21
Date started: May 2018
Founder: Pir Arkam
Based: Dubai
Sector: Additive manufacturing (aka, 3D printing)
Staff: 18
Funding: Invested, supported and partnered by Joseph Group
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.”
UAE currency: the story behind the money in your pockets
The specs
Engine 60kwh FWD
Battery Rimac 120kwh Lithium Nickel Manganese Cobalt Oxide (LiNiMnCoO2) chemistry
Power 204hp Torque 360Nm
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AUSTRALIA SQUAD
Steve Smith (capt), David Warner, Cameron Bancroft, Jackson Bird, Pat Cummins, Peter Handscomb, Josh Hazlewood, Usman Khawaja, Nathan Lyon, Shaun Marsh, Tim Paine, Chadd Sayers, Mitchell Starc.
The Gandhi Murder
- 71 - Years since the death of MK Gandhi, also christened India's Father of the Nation
- 34 - Nationalities featured in the film The Gandhi Murder
- 7 - million dollars, the film's budget
The specs
Engine: 5.0-litre supercharged V8
Transmission: Eight-speed auto
Power: 575bhp
Torque: 700Nm
Price: Dh554,000
On sale: now
The specs: 2019 Lincoln MKC
Price, base / as tested: Dh169,995 / Dh192,045
Engine: Turbocharged, 2.0-litre, in-line four-cylinder
Transmission: Six-speed automatic
Power: 253hp @ 5,500rpm
Torque: 389Nm @ 2,500rpm
Fuel economy, combined: 10.7L / 100km
Dubai World Cup nominations
UAE: Thunder Snow/Saeed bin Suroor (trainer), North America/Satish Seemar, Drafted/Doug Watson, New Trails/Ahmad bin Harmash, Capezzano, Gronkowski, Axelrod, all trained by Salem bin Ghadayer
USA: Seeking The Soul/Dallas Stewart, Imperial Hunt/Luis Carvajal Jr, Audible/Todd Pletcher, Roy H/Peter Miller, Yoshida/William Mott, Promises Fulfilled/Dale Romans, Gunnevera/Antonio Sano, XY Jet/Jorge Navarro, Pavel/Doug O’Neill, Switzerland/Steve Asmussen.
Japan: Matera Sky/Hideyuki Mori, KT Brace/Haruki Sugiyama. Bahrain: Nine Below Zero/Fawzi Nass. Ireland: Tato Key/David Marnane. Hong Kong: Fight Hero/Me Tsui. South Korea: Dolkong/Simon Foster.
Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
Fixtures:
Wed Aug 29 – Malaysia v Hong Kong, Nepal v Oman, UAE v Singapore
Thu Aug 30 - UAE v Nepal, Hong Kong v Singapore, Malaysia v Oman
Sat Sep 1 - UAE v Hong Kong, Oman v Singapore, Malaysia v Nepal
Sun Sep 2 – Hong Kong v Oman, Malaysia v UAE, Nepal v Singapore
Tue Sep 4 - Malaysia v Singapore, UAE v Oman, Nepal v Hong Kong
Thu Sep 6 – Final
Dubai World Cup factbox
Most wins by a trainer: Godolphin’s Saeed bin Suroor(9)
Most wins by a jockey: Jerry Bailey(4)
Most wins by an owner: Godolphin(9)
Most wins by a horse: Godolphin’s Thunder Snow(2)
Farasan Boat: 128km Away from Anchorage
Director: Mowaffaq Alobaid
Stars: Abdulaziz Almadhi, Mohammed Al Akkasi, Ali Al Suhaibani
Rating: 4/5
Bio:
Favourite Quote: Prophet Mohammad's quotes There is reward for kindness to every living thing and A good man treats women with honour
Favourite Hobby: Serving poor people
Favourite Book: The Alchemist by Paulo Coelho
Favourite food: Fish and vegetables
Favourite place to visit: London
Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching
GOLF’S RAHMBO
- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)
Islamophobia definition
A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.