Lovers of '90s and '00s music must be in their element right now, spoiled for choice with acts jetting into the UAE. From Boyzone to Alesha Dixon, there is something for everyone. Here is where to see them and when:
Remix 92
Popular '90s night Remix 92 is back with a new home: Zabeel House The Greens. The April 5 night of throwback hits will see Alesha Dixon, Samantha Mumba and Booty Luv all play live, as well as All Saints' Mel Blatt behind the decks with a DJ set.
There will also be music from local artists Dolce, Steph Goudie and Jaymie Deville, and Dubai 92's Rich and Tim Cheddar will also be DJing.
Remix 92, Zabeel House The Greens, doors open at 1pm, first act on stage at 4pm, Friday, April 5, tickets from Dh95, www.platinumlist.net
Boyzone at The Irish Village
Boyzone's Keith Duffy, Mikey Graham, Ronan Keating and Shane Lynch are bringing their Thank You & Goodnight tour to Dubai. The Irish foursome are set to perform at the Dubai Duty Free Tennis Stadium on Friday, April 12.
In November, Boyzone released their final album, Thank You & Goodnight, and recorded 12 new tracks, including a special tribute to late band member Stephen Gately.
On the weekend of March 29-30, the band's Keith Duffy was hospitalised in Bangkok, Thailand, and it was questioned whether or not he would continue with the tour. He has since reunited with the band.
Boyzone at Dubai Duty Free Tennis Stadium, Friday, April 12, tickets from Dh195, 21 years and over, www.platinumlist.net
Peter Andre at Zero Gravity
Mysterious Girl singer, Peter Andre, is coming back to Dubai. On April 18, he'll be performing at Zero Gravity's Club Inc. Expect it to be an evening of '90s hits, because for the night Club Inc will be moving its Retro Room outside.
Club Inc takes place at Zero Gravity every Thursday, offering unlimited food and beverages from 8pm-2am, with a fairground in the garden, resident DJs and retro music.
Peter Andre at Club Inc, Zero Gravity, from 8pm, Thursday, April 18, Dh199 including food and drinks, www.0-gravity.ae
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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.”
Killing of Qassem Suleimani
Sarfira
Director: Sudha Kongara Prasad
Starring: Akshay Kumar, Radhika Madan, Paresh Rawal
Rating: 2/5
The specs: 2018 Kia Picanto
Price: From Dh39,500
Engine: 1.2L inline four-cylinder
Transmission: Four-speed auto
Power: 86hp @ 6,000rpm
Torque: 122Nm @ 4,000rpm
Fuel economy, combined: 6.0L / 100km
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)
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Springsteen: Deliver Me from Nowhere
Director: Scott Cooper
Starring: Jeremy Allen White, Odessa Young, Jeremy Strong
Rating: 4/5
MATCH INFO
Uefa Champions League, Group C
Liverpool v Red Star Belgrade
Anfield, Liverpool
Wednesday, 11pm (UAE)
