There's a new music label in Dubai and it has its eye on the world.
The hip-hop focused INT. Records introduced itself to the regional scene recently with the release of the single Yeah Yeah by flagship artist and in-house talent developer Ben Rendèl.
Energetic and full of the minimal, bass-heavy sounds currently resonating with listeners, an accompanying video was shot at Light House Studio in Al Quoz. The track is spinning on the decks of hip-hop clubs throughout the emirate.
"The song just felt right to start things off," says the British artist.
"Lately, I have been focusing on releasing music that will not only get me but the people moving as well. We wanted a single that has some value to it – I am glad that people are appreciating it."
Yeah Yeah marks the start of the new venture that has seen Rendèl team up with label manager and entrepreneur Nick Böhnlein.
The duo met four years ago while Rendèl was travelling in Böhnlein's native Switzerland.
Böhnlein says that INT. Records is an entertainment company with a developing roster of artists, and there are plans for it to move into merchandising as well as television and film production.
Böhnlein says the concept arrived after a two-month feasibility study into the UAE entertainment scene.
"The music scene here is very small and I would say it is near to non-existent," he says. "Now, I am not talking about nightclubs and promoters – that is another facet of the entertainment industry. I am talking about an actual music business where there are labels with artists, brand design, merchandise. I hope that with INT we can introduce that to the UAE."
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It is that strong business acumen that Rendèl wants to instill in his artists.
The label has evolved from his own experience. Born in Leeds, Rendèl was a talented musician from an early age who studied jazz and classical piano. After making a name for himself in the industry for his rap ability, the then-19-year-old Rendèl landed a record deal in 2008 with an independent label, dropped out of college and went to Los Angeles.
"The situation didn't work out, but I learnt so much about the business," he says.
"I learnt about the importance of learning the industry practice and that's how other artists often fall short. I listened like a sponge, and they wouldn't allow me to get close to the mixing console for at least eight months. I had to earn that."
Rendèl is currently working on an album he plans to release early next year. For now though, INT. is looking forward to expanding its
roster and is on the lookout for new talent. With Canada's Nsane signed up as the label's in-house producer and having enlisted a design team from the United Kingdom, he says it doesn't matter where a prospective artist hail from; quality is the key. While he thinks major labels in the UAE are content to work with artists who already have a strong following, INT. is keen to develop talent early on.
"I would prefer to work with an artist that is starting out because we can help them and educate them on how the business is and give them some real life experience," he tells me. "And artist development also comes under the banner of helping to write songs,
production techniques and talking about where their songs want to go. It is a real one-on-one situation."
Böhnlein, who had financial success as a consultant for businesses seeking market entry into the UAE, believes the timing was right to launch INT. "Geographically, it is a good connecting point," he says. "Also, we have the great locations and infrastructure. Then there is the Dubai Expo coming soon – it is all so promising, but as I said, no real music industry. So it's great to get it started while everything is growing here."
Rendèl is set to make his first performance as an INT. artist next Friday at Sensation nightclub in Dubai.
"It will be a great chance to connect with the people again and get things going," he says.
"It is kind of the off-season at the moment, with people being away. But once people are back, there will be a few more shows, including going to the US to do some shows there. So lots of things coming up."
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The Details
Kabir Singh
Produced by: Cinestaan Studios, T-Series
Directed by: Sandeep Reddy Vanga
Starring: Shahid Kapoor, Kiara Advani, Suresh Oberoi, Soham Majumdar, Arjun Pahwa
Rating: 2.5/5
Arabian Gulf League fixtures:
Friday:
- Emirates v Hatta, 5.15pm
- Al Wahda v Al Dhafra, 5.25pm
- Al Ain v Shabab Al Ahli Dubai, 8.15pm
Saturday:
- Dibba v Ajman, 5.15pm
- Sharjah v Al Wasl, 5.20pm
- Al Jazira v Al Nasr, 8.15pm
ACC%20T20%20Women%E2%80%99s%20Championship
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Classification of skills
A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation.
A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.
The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000.
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COMPANY%20PROFILE
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Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
The details
Heard It in a Past Life
Maggie Rogers
(Capital Records)
3/5
Global Fungi Facts
• Scientists estimate there could be as many as 3 million fungal species globally
• Only about 160,000 have been officially described leaving around 90% undiscovered
• Fungi account for roughly 90% of Earth's unknown biodiversity
• Forest fungi help tackle climate change, absorbing up to 36% of global fossil fuel emissions annually and storing around 5 billion tonnes of carbon in the planet's topsoil
EU Russia
The EU imports 90 per cent of the natural gas used to generate electricity, heat homes and supply industry, with Russia supplying almost 40 per cent of EU gas and a quarter of its oil.
Petrarch: Everywhere a Wanderer
Christopher Celenza,
Reaktion Books
LOVE%20AGAIN
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RESULT
Everton 2 Huddersfield Town 0
Everton: Sigurdsson (47'), Calvert-Lewin (73')
Man of the Match: Dominic Calvert-Lewin (Everton)
The specs: 2018 Maxus T60
Price, base / as tested: Dh48,000
Engine: 2.4-litre four-cylinder
Power: 136hp @ 1,600rpm
Torque: 360Nm @ 1,600 rpm
Transmission: Five-speed manual
Fuel consumption, combined: 9.1L / 100km
The%20specs
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The biog
Family: He is the youngest of five brothers, of whom two are dentists.
Celebrities he worked on: Fabio Canavaro, Lojain Omran, RedOne, Saber Al Rabai.
Where he works: Liberty Dental Clinic
David Haye record
Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4
More from Neighbourhood Watch:
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.”
Three-day coronation
Royal purification
The entire coronation ceremony extends over three days from May 4-6, but Saturday is the one to watch. At the time of 10:09am the royal purification ceremony begins. Wearing a white robe, the king will enter a pavilion at the Grand Palace, where he will be doused in sacred water from five rivers and four ponds in Thailand. In the distant past water was collected from specific rivers in India, reflecting the influential blend of Hindu and Buddhist cosmology on the coronation. Hindu Brahmins and the country's most senior Buddhist monks will be present. Coronation practices can be traced back thousands of years to ancient India.
The crown
Not long after royal purification rites, the king proceeds to the Baisal Daksin Throne Hall where he receives sacred water from eight directions. Symbolically that means he has received legitimacy from all directions of the kingdom. He ascends the Bhadrapitha Throne, where in regal robes he sits under a Nine-Tiered Umbrella of State. Brahmins will hand the monarch the royal regalia, including a wooden sceptre inlaid with gold, a precious stone-encrusted sword believed to have been found in a lake in northern Cambodia, slippers, and a whisk made from yak's hair.
The Great Crown of Victory is the centrepiece. Tiered, gold and weighing 7.3 kilograms, it has a diamond from India at the top. Vajiralongkorn will personally place the crown on his own head and then issues his first royal command.
The audience
On Saturday afternoon, the newly-crowned king is set to grant a "grand audience" to members of the royal family, the privy council, the cabinet and senior officials. Two hours later the king will visit the Temple of the Emerald Buddha, the most sacred space in Thailand, which on normal days is thronged with tourists. He then symbolically moves into the Royal Residence.
The procession
The main element of Sunday's ceremonies, streets across Bangkok's historic heart have been blocked off in preparation for this moment. The king will sit on a royal palanquin carried by soldiers dressed in colourful traditional garb. A 21-gun salute will start the procession. Some 200,000 people are expected to line the seven-kilometre route around the city.
Meet the people
On the last day of the ceremony Rama X will appear on the balcony of Suddhaisavarya Prasad Hall in the Grand Palace at 4:30pm "to receive the good wishes of the people". An hour later, diplomats will be given an audience at the Grand Palace. This is the only time during the ceremony that representatives of foreign governments will greet the king.
The specs
Engine: 3.0-litre twin-turbo flat-six
Power: 480hp at 6,500rpm
Torque: 570Nm from 2,300-5,000rpm
Transmission: 8-speed dual-clutch auto
Fuel consumption: 10.4L/100km
Price: from Dh547,600
On sale: now