The inaugural edition of Jeddah Season, a 41-day entertainment program held in Saudi Arabian coastal city of Jeddah, concluded in spectacular fashion with an epic music concert.
Held outdoors in the grounds of the King Abdullah Sports City on July 18, Jeddah World Fest was not so much a music festival, but a coronation of the city as new concert destination for the world’s biggest acts.
The artist line up was a statement of intent, with three generations of acts making their Saudi Arabian debut. They ranged from the indomitable pop queen Janet Jackson and noughties rapper 50 Cent, to today’s crop of stars such as Liam Payne and modern hip-hop leading names Future and Tyga.
All took the stage in front of a 10,000-strong crowd to perform the hits in a fast moving festival, epic in both ambition and length.
And the crowd were more than up for it. Despite the humid conditions, they worked themselves into a glorious and sweaty mess, some pogoed en masse while others were happy to dance with their own crews. That palpable excitement had less to do with the acts on stage, however, it was the release of a long pent up hunger for being part of the world’s cultural conversation.
They may have left the venue just before 3.30am, but judging by the loud and impromptu renditions of 50 Cent's In The Club and Tyga's RAK City on the way to car park, it's safe to assume that live music has arrived and here to stay in Saudi Arabia.
“This is amazing bro. I used to travel to Europe, places like London or Belgium to see people like 50 Cent,” remarked Jeddah resident Khalid Mohammed. “But I think this will stop for me now. They are coming to my home and I can’t wait to go to more shows.”
With The National on the ground to soak up all the music action, here are a few highlights from Jeddah World Fest.
Janet Jackson’s dream set list
No matter how many years and thousands of gigs you do, the first concert in a new location is not the place to get all current or experimental.
With Janet Jackson a late replacement for rapper Nicki Minaj, who pulled out from performing in the festival last week, the singer delivered a set that was fun and safe.
Backed by a band and half a dozen dancers, Jackson – clad all in black – breezed through a 50 minute showed pack with nothing but the hits. From the explosive dance anthems What Have You Done For Me Lately and Control to the rock riffs of Black Cat, Jackson's set was the ultimate introductory playlist into her three decade career. She's still got the moves too, with Jackson leading her troupe with some slick movements in the euphoric Escapade.
Liam Payne needs some new material
With his slick RnB vocals, Liam Payne is perhaps the most underrated member of One Direction. With the band on hiatus, the 25-year-old has been performing his growing array of solo hits over the last year. But without an album out as of yet, his material is not enough to sustain a full hour long show.
His Jeddah gig was virtually identical to his Dubai Media City Amphitheatre performance in March; however, the set-list could have used some tinkering with a worrying lull in the middle.
Beginning strongly with his soulful hit Bedroom Floor and club groover Get Low, the show went downhill in the half way mark with the unwise decision to play two of the slower songs in the One Direction catalogue.
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With the sultry weather conditions, the crowd needed to forget the heat through movement. Listening to Payne singing the chest clutching ballads History and Little Things on a stool was sweat inducing in all the wrong ways. He managed to save the set with the breezy pop number Familiar and career best single Strip That Down, but only just.
Jeddah is a hip-hop crowd
The second half of the festival was essentially dedicated to hip-hop music and this is where the crowd made their voice heard. One thing that immediately stood out was how much young Saudis love Tyga. Where the rapper is nothing more than the occasional club performer in Dubai, he commanded a passionate following in Jeddah with the crowd singing along throughout his 30 minute set.
From the opening bounce of Swish and the electro-grooves of Dip to the stalking beats of early hit Rack City, Tyga's performance was full of intensity. That said, that adoration of the crowd was enough for him to break into a genuine grin: "Saudi Arabia put your hands up for yourself!" Indeed.
The same love was also offered to both Future and 50 Cent. The former followed Jackson in never straying away from the hits. Future began with arguably his biggest song, the anthemic Mask Off, before showcasing his zany rap flow in Wicked. He even dropped verses from his hit collaborations with other rappers, such as his acclaimed turn in Jay Rock's King's Dead and the storming Bugatti with Ace Hood.
With so much material at his disposal, 50 Cent stuck to his own chart toppers with Candy Shop and In The Club eliciting some of the biggest roars from the crowd. A notorious social media troll, 50 Cent dropped his online shenanigans after the show to post a couple of heartfelt messages of gratitude to his Saudi fans.
"When I say God is good, you say all the time," he said. "I had a ball at Jeddah Fest, Kingdom of Saudi Arabia.”
Six large-scale objects on show
- Concrete wall and windows from the now demolished Robin Hood Gardens housing estate in Poplar
- The 17th Century Agra Colonnade, from the bathhouse of the fort of Agra in India
- A stagecloth for The Ballet Russes that is 10m high – the largest Picasso in the world
- Frank Lloyd Wright’s 1930s Kaufmann Office
- A full-scale Frankfurt Kitchen designed by Margarete Schütte-Lihotzky, which transformed kitchen design in the 20th century
- Torrijos Palace dome
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
MATCH INFO
Uefa Champions League final:
Who: Real Madrid v Liverpool
Where: NSC Olimpiyskiy Stadium, Kiev, Ukraine
When: Saturday, May 26, 10.45pm (UAE)
TV: Match on BeIN Sports
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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
Fixtures
Opening day Premier League fixtures for August 9-11
August 9
Liverpool v Norwich 11pm
August 10
West Ham v Man City 3.30pm
Bournemouth v Sheffield Utd 6pm
Burnley v Southampton 6pm
C Palace v Everton 6pm
Leicester v Wolves 6pm
Watford v Brighton 6pm
Tottenham v Aston Villa 8.30pm
August 11
Newcastle v Arsenal 5pm
Man United v Chelsea 7.30pm
Western Clubs Champions League:
- Friday, Sep 8 - Abu Dhabi Harlequins v Bahrain
- Friday, Sep 15 – Kandy v Abu Dhabi Harlequins
- Friday, Sep 22 – Kandy v Bahrain
How to get there
Emirates (www.emirates.com) flies directly to Hanoi, Vietnam, with fares starting from around Dh2,725 return, while Etihad (www.etihad.com) fares cost about Dh2,213 return with a stop. Chuong is 25 kilometres south of Hanoi.
Indoor cricket World Cup:
Insportz, Dubai, September 16-23
UAE fixtures:
Men
Saturday, September 16 – 1.45pm, v New Zealand
Sunday, September 17 – 10.30am, v Australia; 3.45pm, v South Africa
Monday, September 18 – 2pm, v England; 7.15pm, v India
Tuesday, September 19 – 12.15pm, v Singapore; 5.30pm, v Sri Lanka
Thursday, September 21 – 2pm v Malaysia
Friday, September 22 – 3.30pm, semi-final
Saturday, September 23 – 3pm, grand final
Women
Saturday, September 16 – 5.15pm, v Australia
Sunday, September 17 – 2pm, v South Africa; 7.15pm, v New Zealand
Monday, September 18 – 5.30pm, v England
Tuesday, September 19 – 10.30am, v New Zealand; 3.45pm, v South Africa
Thursday, September 21 – 12.15pm, v Australia
Friday, September 22 – 1.30pm, semi-final
Saturday, September 23 – 1pm, grand final
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FFP EXPLAINED
What is Financial Fair Play?
Introduced in 2011 by Uefa, European football’s governing body, it demands that clubs live within their means. Chiefly, spend within their income and not make substantial losses.
What the rules dictate?
The second phase of its implementation limits losses to €30 million (Dh136m) over three seasons. Extra expenditure is permitted for investment in sustainable areas (youth academies, stadium development, etc). Money provided by owners is not viewed as income. Revenue from “related parties” to those owners is assessed by Uefa's “financial control body” to be sure it is a fair value, or in line with market prices.
What are the penalties?
There are a number of punishments, including fines, a loss of prize money or having to reduce squad size for European competition – as happened to PSG in 2014. There is even the threat of a competition ban, which could in theory lead to PSG’s suspension from the Uefa Champions League.
Mohammed bin Zayed Majlis
SCORES IN BRIEF
New Zealand 153 and 56 for 1 in 22.4 overs at close
Pakistan 227
(Babar 62, Asad 43, Boult 4-54, De Grandhomme 2-30, Patel 2-64)
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.”
GIANT REVIEW
Starring: Amir El-Masry, Pierce Brosnan
Director: Athale
Rating: 4/5
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'Peninsula'
Stars: Gang Dong-won, Lee Jung-hyun, Lee Ra
Director: Yeon Sang-ho
Rating: 2/5
The specs
Engine: 2.0-litre 4cyl turbo
Power: 261hp at 5,500rpm
Torque: 405Nm at 1,750-3,500rpm
Transmission: 9-speed auto
Fuel consumption: 6.9L/100km
On sale: Now
Price: From Dh117,059
Killing of Qassem Suleimani
Superpower%20
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The Bio
Hometown: Bogota, Colombia
Favourite place to relax in UAE: the desert around Al Mleiha in Sharjah or the eastern mangroves in Abu Dhabi
The one book everyone should read: 100 Years of Solitude by Gabriel Garcia Marquez. It will make your mind fly
Favourite documentary: Chasing Coral by Jeff Orlowski. It's a good reality check about one of the most valued ecosystems for humanity