• The area around St Martin's theatre remains deserted following the announcement of the suspension of many performances in the West End on March 17, 2020 in London, England. Getty Images
    The area around St Martin's theatre remains deserted following the announcement of the suspension of many performances in the West End on March 17, 2020 in London, England. Getty Images
  • Adrian Lester attends the LA Premiere of Starz's "The Rook" at The Getty Museum on June 17, 2019 in Los Angeles, California. AFP
    Adrian Lester attends the LA Premiere of Starz's "The Rook" at The Getty Museum on June 17, 2019 in Los Angeles, California. AFP
  • Actor Matt Smith attends the World Premiere of season 2 of Netflix "The Crown" at Odeon Leicester Square on November 21, 2017 in London, England. Getty Images
    Actor Matt Smith attends the World Premiere of season 2 of Netflix "The Crown" at Odeon Leicester Square on November 21, 2017 in London, England. Getty Images
  • British actress Claire Foy poses on the red carpet upon arrival at the BAFTA British Academy Film Awards at the Royal Albert Hall in London on February 10, 2019. AFP
    British actress Claire Foy poses on the red carpet upon arrival at the BAFTA British Academy Film Awards at the Royal Albert Hall in London on February 10, 2019. AFP
  • Sam Mendes attends The Olivier Awards with Mastercard at Royal Albert Hall on April 8, 2018 in London, England. Getty Images
    Sam Mendes attends The Olivier Awards with Mastercard at Royal Albert Hall on April 8, 2018 in London, England. Getty Images
  • Michael Sheen attends Pride Of Britain Awards 2019 at The Grosvenor House Hotel on October 28, 2019 in London, England. Getty Images
    Michael Sheen attends Pride Of Britain Awards 2019 at The Grosvenor House Hotel on October 28, 2019 in London, England. Getty Images
  • David Tennant attends the "Dear Evan Hansen" opening night at the Noel Coward Theatre on November 19, 2019 in London, England. Getty Images
    David Tennant attends the "Dear Evan Hansen" opening night at the Noel Coward Theatre on November 19, 2019 in London, England. Getty Images
  • The area around the Prince Edward theatre remains deserted following the announcement of the suspension of many performances in the West End on March 17, 2020 in London, England. Getty Images
    The area around the Prince Edward theatre remains deserted following the announcement of the suspension of many performances in the West End on March 17, 2020 in London, England. Getty Images
  • The area around the Palace theatre remains deserted following the announcement of the suspension of many performances in the West End on March 17, 2020 in London, England. Getty Images
    The area around the Palace theatre remains deserted following the announcement of the suspension of many performances in the West End on March 17, 2020 in London, England. Getty Images
  • A general view of the deserted Piccadilly Circus during the coronavirus lockdown on March 30, 2020 in London, England. Getty Images
    A general view of the deserted Piccadilly Circus during the coronavirus lockdown on March 30, 2020 in London, England. Getty Images

More than two thirds of London theatres could close as famous names plead for support


Damien McElroy
  • English
  • Arabic

When the actor Adrian Lester made an appearance at the artificial intelligence conference CogX on Wednesday, the obvious issue was whether the profession had any future beyond digital platforms.

The panel, called All the Web's a Stage: The Digital Future of the Performing Arts, could have been seen as prophetic. Lester recalled a discussion in New York when a British National Theatre production of Shakespeare was broadcast to an American cinema. What was the most anticipated aspect of broadcasting a live stage performance? "The collective experience is the thing that everybody concentrated on," he said.

During the panel, Lester and the playwright Kwame Kwei-Armah appealed to the technology industry to sustain support and collaboration with the arts as the industry faces tough times.

While broadcasts of stage plays have taken off in recent months as the Covid-19 threat confined people to their homes, the key element of live performance has been missing. An anxious debate has broken out over whether the industry itself can emerge from its shutdown.

Treasured worldwide as Theatreland, London's live venues have slipped into a fug of despondence since the government announced lockdown measures to control the pandemic in late March. Despite extensive government support, closures have already started.

“We are at the start, potentially, of a very worrying time for this sector, in which we lead the world,” said Julian Bird, the chief executive of the Society of London Theatre and UK Theatre. “Our latest survey told us that 70 per cent of theatres or production companies would run out of cash, go out of business, by the end of this year.”

Mr Bird cited the first few closures outside the capital, in Birmingham, Southhampton and Leicester, as the beginning of a progressive shutdown of the sector. As the end of the year grew closer, the list of closed facilities would grow longer.

One of the main hurdles for the industry is Britain’s two metre social-distancing rule. Mr Bird estimated that could bring the capacity of many theatres down to only 12 per cent. Even with a one metre rule – common in many countries – capacity of theatres could rise as high as only 35 per cent. However most modelling indicates that performances are not viable until capacity tops 60 per cent. “In the majority of cases, bar some short-term activity, it is uneconomic for most venues in the UK,” he said.

Sam Mendes, the Oscar-winning film director and former artistic director of London’s Donmar Warehouse theatre, has proposed government investments in production.

He pointed out that the crisis in the industry was the worst for 75 years and the risk was losing an audience of 34 million people, equally to the annual attendance at all Premier League and English Football League games.

Director Sam Mendes has spoken out in support of London's ailing theatre sector. AP
Director Sam Mendes has spoken out in support of London's ailing theatre sector. AP

"It would be deeply ironic if the streaming services – Netflix, Amazon Prime et al – should be making lockdown millions from our finest acting, producing, writing and directing talent, while the very arts culture that nurtured that talent pool is allowed to die," he wrote in an essay for the Financial Times.

In return for providing money, the government could take a stake of the subsequent revenue.

Leading institutions have put on virtual staging, including the National Theatre, the Royal Opera House and Glyndebourne. Audiences have been strong but a shift to pay-per-view models is seen as unlikely. Voluntary donations have been low. Creating a production from scratch is expensive so the industry has relied on archived recordings.

“That is not a long-term business model,” he said. “The nature of watching theatre is very different in and of itself.”

In London’s West End alone producers sell around 15 million tickets a year, more than any other city or any other country in the world. Around one third of the audience is made up of overseas tourists.  Theatre goers spend five to six times the ticket price in the immediate area of the venue, at restaurants and in shops, for example.

In another hurdle for the industry, Britain introduced a mandatory quarantine for travellers arriving at its ports and airports.

Despite the overall gloom, The Old Vic in London put tickets on sale on Wednesday for a live online performance of the play Lungs starring actors Claire Foy and Matt Smith.

So prevalent has the switch to online been that The Old Vic looks like a trailblazer. The actors David Tennant and Michael Sheen did a TV special on acting in a comedy via Zoom that aired on Wednesday.

Perhaps it's time to invert the premise by acting on the stage for a virtual (paying) audience. One day the two men might even perform it in the round for a packed house.

'HIJRAH%3A%20IN%20THE%20FOOTSTEPS%20OF%20THE%20PROPHET'
%3Cp%3E%3Cstrong%3EEdited%20by%3A%3C%2Fstrong%3E%20Idries%20Trevathan%3Cbr%3E%3Cstrong%3EPages%3A%3C%2Fstrong%3E%20240%3Cbr%3E%3Cstrong%3EPublisher%3A%3C%2Fstrong%3E%20Hirmer%20Publishers%3Cbr%3E%3Cstrong%3EAvailable%3A%3C%2Fstrong%3E%20Now%3C%2Fp%3E%0A
Our legal advisor

Ahmad El Sayed is Senior Associate at Charles Russell Speechlys, a law firm headquartered in London with offices in the UK, Europe, the Middle East and Hong Kong.

Experience: Commercial litigator who has assisted clients with overseas judgments before UAE courts. His specialties are cases related to banking, real estate, shareholder disputes, company liquidations and criminal matters as well as employment related litigation. 

Education: Sagesse University, Beirut, Lebanon, in 2005.

The%20specs
%3Cp%3E%3Cstrong%3EPowertrain%3A%20%3C%2Fstrong%3ESingle%20electric%20motor%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E201hp%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E310Nm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3ESingle-speed%20auto%0D%3Cbr%3E%3Cstrong%3EBattery%3A%20%3C%2Fstrong%3E53kWh%20lithium-ion%20battery%20pack%20(GS%20base%20model)%3B%2070kWh%20battery%20pack%20(GF)%0D%3Cbr%3E%3Cstrong%3ETouring%20range%3A%20%3C%2Fstrong%3E350km%20(GS)%3B%20480km%20(GF)%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh129%2C900%20(GS)%3B%20Dh149%2C000%20(GF)%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20Now%3C%2Fp%3E%0A
TOURNAMENT INFO

Fixtures
Sunday January 5 - Oman v UAE
Monday January 6 - UAE v Namibia
Wednesday January 8 - Oman v Namibia
Thursday January 9 - Oman v UAE
Saturday January 11 - UAE v Namibia
Sunday January 12 – Oman v Namibia

UAE squad
Ahmed Raza (captain), Rohan Mustafa, Mohammed Usman, CP Rizwan, Waheed Ahmed, Zawar Farid, Darius D’Silva, Karthik Meiyappan, Jonathan Figy, Vriitya Aravind, Zahoor Khan, Junaid Siddique, Basil Hameed, Chirag Suri

How to register as a donor

1) Organ donors can register on the Hayat app, run by the Ministry of Health and Prevention

2) There are about 11,000 patients in the country in need of organ transplants

3) People must be over 21. Emiratis and residents can register. 

4) The campaign uses the hashtag  #donate_hope

House-hunting

Top 10 locations for inquiries from US house hunters, according to Rightmove

  1. Edinburgh, Scotland 
  2. Westminster, London 
  3. Camden, London 
  4. Glasgow, Scotland 
  5. Islington, London 
  6. Kensington and Chelsea, London 
  7. Highlands, Scotland 
  8. Argyll and Bute, Scotland 
  9. Fife, Scotland 
  10. Tower Hamlets, London 

 

Dubai Bling season three

Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed 

Rating: 1/5

What sanctions would be reimposed?

Under ‘snapback’, measures imposed on Iran by the UN Security Council in six resolutions would be restored, including:

  • An arms embargo
  • A ban on uranium enrichment and reprocessing
  • A ban on launches and other activities with ballistic missiles capable of delivering nuclear weapons, as well as ballistic missile technology transfer and technical assistance
  • A targeted global asset freeze and travel ban on Iranian individuals and entities
  • Authorisation for countries to inspect Iran Air Cargo and Islamic Republic of Iran Shipping Lines cargoes for banned goods
Dubai works towards better air quality by 2021

Dubai is on a mission to record good air quality for 90 per cent of the year – up from 86 per cent annually today – by 2021.

The municipality plans to have seven mobile air-monitoring stations by 2020 to capture more accurate data in hourly and daily trends of pollution.

These will be on the Palm Jumeirah, Al Qusais, Muhaisnah, Rashidiyah, Al Wasl, Al Quoz and Dubai Investment Park.

“It will allow real-time responding for emergency cases,” said Khaldoon Al Daraji, first environment safety officer at the municipality.

“We’re in a good position except for the cases that are out of our hands, such as sandstorms.

“Sandstorms are our main concern because the UAE is just a receiver.

“The hotspots are Iran, Saudi Arabia and southern Iraq, but we’re working hard with the region to reduce the cycle of sandstorm generation.”

Mr Al Daraji said monitoring as it stood covered 47 per cent of Dubai.

There are 12 fixed stations in the emirate, but Dubai also receives information from monitors belonging to other entities.

“There are 25 stations in total,” Mr Al Daraji said.

“We added new technology and equipment used for the first time for the detection of heavy metals.

“A hundred parameters can be detected but we want to expand it to make sure that the data captured can allow a baseline study in some areas to ensure they are well positioned.”

Russia's Muslim Heartlands

Dominic Rubin, Oxford

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.”

Pakistan Super League

Previous winners

2016 Islamabad United

2017 Peshawar Zalmi

2018 Islamabad United

2019 Quetta Gladiators

 

Most runs Kamran Akmal – 1,286

Most wickets Wahab Riaz –65

BLACKBERRY
%3Cp%3EDirector%3A%20Matt%20Johnson%3C%2Fp%3E%0A%3Cp%3EStars%3A%20Jay%20Baruchel%2C%20Glenn%20Howerton%2C%20Matt%20Johnson%3C%2Fp%3E%0A%3Cp%3ERating%3A%204%2F5%3C%2Fp%3E%0A
Company profile

Name: Dukkantek 

Started: January 2021 

Founders: Sanad Yaghi, Ali Al Sayegh and Shadi Joulani 

Based: UAE 

Number of employees: 140 

Sector: B2B Vertical SaaS(software as a service) 

Investment: $5.2 million 

Funding stage: Seed round 

Investors: Global Founders Capital, Colle Capital Partners, Wamda Capital, Plug and Play, Comma Capital, Nowais Capital, Annex Investments and AMK Investment Office  

Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates

THE SPECS

Engine: 4.4-litre V8

Transmission: Automatic

Power: 530bhp 

Torque: 750Nm 

Price: Dh535,000

On sale: Now

UAE currency: the story behind the money in your pockets
The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

COMPANY PROFILE

Founders: Sebastian Stefan, Sebastian Morar and Claudia Pacurar

Based: Dubai, UAE

Founded: 2014

Number of employees: 36

Sector: Logistics

Raised: $2.5 million

Investors: DP World, Prime Venture Partners and family offices in Saudi Arabia and the UAE

Ziina users can donate to relief efforts in Beirut

Ziina users will be able to use the app to help relief efforts in Beirut, which has been left reeling after an August blast caused an estimated $15 billion in damage and left thousands homeless. Ziina has partnered with the United Nations High Commissioner for Refugees to raise money for the Lebanese capital, co-founder Faisal Toukan says. “As of October 1, the UNHCR has the first certified badge on Ziina and is automatically part of user's top friends' list during this campaign. Users can now donate any amount to the Beirut relief with two clicks. The money raised will go towards rebuilding houses for the families that were impacted by the explosion.”

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COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EShaffra%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2023%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDIFC%20Innovation%20Hub%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3Emetaverse-as-a-Service%20(MaaS)%3Cbr%3E%3Cstrong%3EInvestment%3A%20%3C%2Fstrong%3Ecurrently%20closing%20%241.5%20million%20seed%20round%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3Epre-seed%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EFlat6Labs%20Abu%20Dhabi%20and%20different%20PCs%20and%20angel%20investors%20from%20Saudi%20Arabia%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%20%3C%2Fstrong%3Enine%3C%2Fp%3E%0A
Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

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)

GULF MEN'S LEAGUE

Pool A Dubai Hurricanes, Bahrain, Dubai Exiles, Dubai Tigers 2

Pool B Abu Dhabi Harlequins, Jebel Ali Dragons, Dubai Knights Eagles, Dubai Tigers

 

Opening fixtures

Thursday, December 5

6.40pm, Pitch 8, Abu Dhabi Harlequins v Dubai Knights Eagles

7pm, Pitch 2, Jebel Ali Dragons v Dubai Tigers

7pm, Pitch 4, Dubai Hurricanes v Dubai Exiles

7pm, Pitch 5, Bahrain v Dubai Eagles 2

 

Recent winners

2018 Dubai Hurricanes

2017 Dubai Exiles

2016 Abu Dhabi Harlequins

2015 Abu Dhabi Harlequins

2014 Abu Dhabi Harlequins

MATCH INFO

Inter Milan 2 (Vecino 65', Barella 83')

Verona 1 (Verre 19' pen)

White hydrogen: Naturally occurring hydrogenChromite: Hard, metallic mineral containing iron oxide and chromium oxideUltramafic rocks: Dark-coloured rocks rich in magnesium or iron with very low silica contentOphiolite: A section of the earth’s crust, which is oceanic in nature that has since been uplifted and exposed on landOlivine: A commonly occurring magnesium iron silicate mineral that derives its name for its olive-green yellow-green colour

Director: Jon Favreau

Starring: Donald Glover, Seth Rogen, John Oliver

Rating: 2 out of 5 stars