Following the PlayStation 5 showcase earlier this week, we now have a clear picture of what to expect from the next generation of consoles. And it looks set to be a close battle between Sony and Microsoft.
As you'd expect, the latest wares represent the most powerful consoles the two companies have ever put together. Next-gen games will look amazing and offer unique and exciting experiences. And with the top end versions of each the PS5 and Xbox Series X clocking in at an identical $499 (Dh1,832), which one you buy is going to come down to a few things.
Let’s just get this out of the way now: if you’re currently a loyal Xbox or PlayStation fan, you’ve likely - blindly - decided which one to go for. Mitigating factors such as having a pile of current-gen games you’d still like to play come into the equation. But it’s also likely that rabid tribalism, akin to supporting your favourite football team, will keep you loyal in your choice. For those on the fence, here’s what you need to consider.
Firstly, the price
This is where things get slightly complicated. Microsoft has two versions - the all singing, all dancing Xbox Series X and the smaller, cheaper $299 (Dh1,098) and less powerful Series S. There are also two version of PS5 - one comes with a blu-ray disc drive and the other is a digital-only version that comes in at $399 (Dh1,465).
Although it looks like an easy decision for those on a budget, going for the Xbox Series S has its drawbacks. Sure it will run next-gen games, but they’ll be in a lower resolution than the Series X. It also won’t be able to play the top-end Xbox One back catalogue. However, if you’re not a graphics snob, then the budget console of choice has to be Series S. It has the $10 monthly subscription service of Xbox Game Pass, which is also available on Series X. This gives you access to an enormous library of games to stream, a bit like Netflix, which makes this a hard package to beat.
The games
If price is not a problem, then it really does come down to games. Neither PS5 or Xbox Series X has a launch line-up to make either an instant-buy. Cross platform games such as Call of Duty: Black Ops Cold War, Assassin's Creed: Valhalla and Dirt 5 will be available when both machines arrive on November 10 (Xbox Series X) and November 19 (PS5). But you'll still be able to experience them on Xbox One and PS4, too. So it'll be platform exclusives that will sway the vote.
With its flagship title, Halo Infinite delayed until 2021, Xbox Series X is left with Tetris Effect: Connected, Gears Tactics and Yakuza: Like A Dragon. Even the most ardent Xbox fan will look at this list and feel flat. Good games, sure. But sure-fire system sellers? Not even close.
Sony fairs slightly better in this department. The family-friendly Astro's Playroom comes pre-packed on every PS5, then you have Demon's Souls, Destruction All Stars, Devil May Cry 5: Special Edition and Sackboy: A Big Adventure. Its killer app comes in the form of Marvel's Spider-Man: Miles Morales - the only game you could even consider as a mass market, big hitter. Advantage, PlayStation then.
The design
Another area you can't look past is the design of each console. Microsoft has gone with an ominous black cuboid for the Series X and what appears to be a white wireless speaker for the Series S. Both will sit under or next to your HDTV and blend in seamlessly. PS5, on the other hand, is massive and struts out looking like Las Vegas era Elvis with its white collar up - quite the look. Its outlandish design will take some getting used to as it's certainly not for everyone.
The experience
In terms of new experiences that you simply can’t get on other consoles, there are a few differences. We’re not talking graphics - we already know that Xbox Series X is superior - but the bespoke adventures each will offer.
PlayStation 5 is all about immersion. The DualSense controller will mimic the feel of different surfaces such as ice and sand, and replicate the tension of drawing back a bow through its triggers. Sony is also planning big things with 3D sound. Its proprietary Pulse 3D headset enables gamers to hear the direction of certain sounds. So if there’s a shambling zombie stalking you down a narrow, dimly lit corridor, you’ll likely hear the shuffle of its feet first.
Xbox Series X is aiming for a similar audio offering, though details on this are sketchy as of yet. But other than playing games in hyper-detail with minimal load times, which is great, it’s business as usual for Xbox.
In summary, if you’re on a budget at launch and want access to hundreds of (old) games from the off, then the Xbox Series X and S are the next-gen consoles for you. But if you want to be wowed by sparkly new games that will offer new experiences then PS5 is the way to go. My advice? Wait six months until both consoles have a better selection of games to choose from and then make a more considered decision.
NBA Finals results
Game 1: Warriors 124, Cavaliers 114
Game 2: Warriors 122, Cavaliers 103
Game 3: Cavaliers 102, Warriors 110
Game 4: In Cleveland, Sunday (Monday morning UAE)
Company%20Profile
%3Cp%3ECompany%20name%3A%20EduPloyment%3Cbr%3EDate%20started%3A%20March%202020%3Cbr%3ECo-Founders%3A%20Mazen%20Omair%20and%20Rana%20Batterjee%3Cbr%3EBase%3A%20Dubai%2C%20UAE%3Cbr%3ESector%3A%20Recruitment%3Cbr%3ESize%3A%2030%20employees%3Cbr%3EInvestment%20stage%3A%20Pre-Seed%3Cbr%3EInvestors%3A%20Angel%20investors%20(investment%20amount%20undisclosed)%3C%2Fp%3E%0A
Masters%20of%20the%20Air
%3Cp%3E%3Cstrong%3EDirectors%3A%3C%2Fstrong%3E%20Cary%20Joji%20Fukunaga%2C%20Dee%20Rees%2C%20Anna%20Boden%2C%20Ryan%20Fleck%2C%20Tim%20Van%20Patten%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Austin%20Butler%2C%20Callum%20Turner%2C%20Anthony%20Boyle%2C%20Barry%20Keoghan%2C%20Sawyer%20Spielberg%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%202%2F5%3C%2Fp%3E%0A
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.”
Cultural fiesta
What: The Al Burda Festival
When: November 14 (from 10am)
Where: Warehouse421, Abu Dhabi
The Al Burda Festival is a celebration of Islamic art and culture, featuring talks, performances and exhibitions. Organised by the Ministry of Culture and Knowledge Development, this one-day event opens with a session on the future of Islamic art. With this in mind, it is followed by a number of workshops and “masterclass” sessions in everything from calligraphy and typography to geometry and the origins of Islamic design. There will also be discussions on subjects including ‘Who is the Audience for Islamic Art?’ and ‘New Markets for Islamic Design.’ A live performance from Kuwaiti guitarist Yousif Yaseen should be one of the highlights of the day.
Tamkeen's offering
- Option 1: 70% in year 1, 50% in year 2, 30% in year 3
- Option 2: 50% across three years
- Option 3: 30% across five years
F1 The Movie
Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem
Director: Joseph Kosinski
Rating: 4/5
Specs%20
%3Cp%3E%3Cstrong%3EPower%20train%3A%20%3C%2Fstrong%3E4.0-litre%20twin-turbo%20V8%20and%20synchronous%20electric%20motor%3Cbr%3E%3Cstrong%3EMax%20power%3A%20%3C%2Fstrong%3E800hp%3Cbr%3E%3Cstrong%3EMax%20torque%3A%20%3C%2Fstrong%3E950Nm%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3EEight-speed%20auto%3Cbr%3E%3Cstrong%3EBattery%3A%20%3C%2Fstrong%3E25.7kWh%20lithium-ion%3Cbr%3E0-100km%2Fh%3A%203.4sec%3Cbr%3E0-200km%2Fh%3A%2011.4sec%3Cbr%3E%3Cstrong%3ETop%20speed%3A%20%3C%2Fstrong%3E312km%2Fh%3Cbr%3E%3Cstrong%3EMax%20electric-only%20range%3A%3C%2Fstrong%3E%2060km%20(claimed)%3Cbr%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20Q3%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh1.2m%20(estimate)%3Cbr%3E%3Cbr%3E%3C%2Fp%3E%0A
Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
Get Out
Director: Jordan Peele
Stars: Daniel Kaluuya, Allison Williams, Catherine Keener, Bradley Whitford
Four stars
Other acts on the Jazz Garden bill
Sharrie Williams
The American singer is hugely respected in blues circles due to her passionate vocals and songwriting. Born and raised in Michigan, Williams began recording and touring as a teenage gospel singer. Her career took off with the blues band The Wiseguys. Such was the acclaim of their live shows that they toured throughout Europe and in Africa. As a solo artist, Williams has also collaborated with the likes of the late Dizzy Gillespie, Van Morrison and Mavis Staples.
Lin Rountree
An accomplished smooth jazz artist who blends his chilled approach with R‘n’B. Trained at the Duke Ellington School of the Arts in Washington, DC, Rountree formed his own band in 2004. He has also recorded with the likes of Kem, Dwele and Conya Doss. He comes to Dubai on the back of his new single Pass The Groove, from his forthcoming 2018 album Stronger Still, which may follow his five previous solo albums in cracking the top 10 of the US jazz charts.
Anita Williams
Dubai-based singer Anita Williams will open the night with a set of covers and swing, jazz and blues standards that made her an in-demand singer across the emirate. The Irish singer has been performing in Dubai since 2008 at venues such as MusicHall and Voda Bar. Her Jazz Garden appearance is career highlight as she will use the event to perform the original song Big Blue Eyes, the single from her debut solo album, due for release soon.
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5