Mika's concert for Beirut has been honoured by the Lebanese government.
The French-Lebanese singer was awarded the Lebanese National Order of Merit – Silver Palm, for his I Love Beirut concert.
In an image posted to his Instagram page, the pop star is seen holding the medal beside his brother, Fortune, with the Lebanese flag in the background.
In the post, Mika spoke of his pride at accepting the award, noting the sacrifices made by his family, as well as praising the resilient spirit of the Lebanese people.
"Today I think of my Lebanese grandmother, my mother, my aunts, my family, who brought the Lebanese soul to my life at home, in Paris, in London, everywhere I lived," he said on Instagram.
"Citizen of this uprooted world, Lebanon flows through my veins. This reciprocal love, so unexpected and so poignant, makes me happy and very proud of my heritage, especially in these difficult times for Lebanon. Thank you from me and all my family.”
A big production
The achievement caps off a worthy and momentous task for Mika.
Held on September 19, after the Lebanese capital's August 4 port explosion, Mika corralled friends and crew to produce the pre-recorded concert, which was shot in Beirut, London, Rome and Los Angeles. The show featured nearly a dozen guest singers, including Kylie Minogue, Rufus Wainwright and Lebanese artists such as poet Etel Adnan and indie group Mashrou' Leila.
Proceeds from the ticketed streams went to Red Cross Lebanon and Save the Children, which both remain involved in the recovery efforts in Beirut.
Mika was born in Beirut before fleeing with his family to Paris in 1982 at the age of one, because of the civil war.
While a British citizen, he has never forgotten his roots. Throughout his 16-year career, with hits including Grace Kelly and Relax, Take It Easy, he has often spoke at length about the role his heritage plays in his work.
During his career, Mika has performed a number of sold-out concerts in Lebanon, including a 2010 appearance as part of the Baalbeck International Festival and a 2015 gig in Beirut.
In 2013, at the Mawazine Festival in Morocco, Mika said his dream project was to release an album of songs performed in English, Arabic and French.
He said the concept was inspired by growing up among the Lebanese diaspora in Paris. “I was surrounded by a people who spoke three languages in one sentence,” he said.
“I grew up listening to Arabic music in that context. I was listening to people like Fairuz and the purity of the likes of Umm Kulthum and all these other acts that I discovered. That made me realise how much of that clash of cultures has influenced my music."
FIXTURES
Fixtures for Round 15 (all times UAE)
Friday
Inter Milan v AS Roma (11.45pm)
Saturday
Atalanta v Verona (6pm)
Udinese v Napoli (9pm)
Lazio v Juventus (11.45pm)
Sunday
Lecce v Genoa (3.30pm)
Sassuolo v Cagliari (6pm)
SPAL v Brescia (6pm)
Torino v Fiorentina (6pm)
Sampdoria v Parma (9pm)
Bologna v AC Milan (11.45pm)
Gender pay parity on track in the UAE
The UAE has a good record on gender pay parity, according to Mercer's Total Remuneration Study.
"In some of the lower levels of jobs women tend to be paid more than men, primarily because men are employed in blue collar jobs and women tend to be employed in white collar jobs which pay better," said Ted Raffoul, career products leader, Mena at Mercer. "I am yet to see a company in the UAE – particularly when you are looking at a blue chip multinationals or some of the bigger local companies – that actively discriminates when it comes to gender on pay."
Mr Raffoul said most gender issues are actually due to the cultural class, as the population is dominated by Asian and Arab cultures where men are generally expected to work and earn whereas women are meant to start a family.
"For that reason, we see a different gender gap. There are less women in senior roles because women tend to focus less on this but that’s not due to any companies having a policy penalising women for any reasons – it’s a cultural thing," he said.
As a result, Mr Raffoul said many companies in the UAE are coming up with benefit package programmes to help working mothers and the career development of women in general.
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From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
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.”
Name: Peter Dicce
Title: Assistant dean of students and director of athletics
Favourite sport: soccer
Favourite team: Bayern Munich
Favourite player: Franz Beckenbauer
Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates
Killing of Qassem Suleimani
MATCH INFO
Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid
When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid
INFO
What: DP World Tour Championship
When: November 21-24
Where: Jumeirah Golf Estates, Dubai
Tickets: www.ticketmaster.ae.
The years Ramadan fell in May
more from Janine di Giovanni
Match info:
Burnley 0
Manchester United 2
Lukaku (22', 44')
Red card: Marcus Rashford (Man United)
Man of the match: Romelu Lukaku (Manchester United)
