Caroline Stanbury, who previously starred in Bravo's 'Ladies of London', is rumoured to be a member of the 'Real Housewives of Dubai' cast. Getty Images
Caroline Stanbury, who previously starred in Bravo's 'Ladies of London', is rumoured to be a member of the 'Real Housewives of Dubai' cast. Getty Images
Caroline Stanbury, who previously starred in Bravo's 'Ladies of London', is rumoured to be a member of the 'Real Housewives of Dubai' cast. Getty Images
Caroline Stanbury, who previously starred in Bravo's 'Ladies of London', is rumoured to be a member of the 'Real Housewives of Dubai' cast. Getty Images

Who is rumoured to be in the cast of ‘Real Housewives of Dubai’?


Farah Andrews
  • English
  • Arabic

Since Bravo announced that it’s bringing its Real Housewives franchise to Dubai, there has been one question on every fan's mind: who will star in The Real Housewives of Dubai?

The American television network is yet to comment on the cast, but has promised “over-the-top opulence, jaw-dropping modern architecture and wild nightlife scene”.

And of the cast, Bravo has said to expect “a group of women navigating their relationships, careers and supremely lavish and ultra-wealthy lifestyles in the United Arab Emirates.”

Here we take a look at some of the UAE social figures and influencers who could appear on The Real Housewives of Dubai.

Caroline Stanbury

Instagram following: 528,077 @carolinestanbury

One of the names that is being speculated the most is Caroline Stanbury’s, and should she be confirmed as part of the cast, this won’t be her first reality TV show stint. Stanbury, 45, starred on Bravo's Ladies of London from 2014 until 2017. She has since moved to Dubai, where she lives with ex-footballer fiance Sergio Carrallo.

Stanbury has no shortage of stories to tell, she dated Prince Andrew back in 2000, following his split from Sarah, Duchess of York. She was married to Turkish investment banker Cem Habib for 15 years; the couple announced their split in 2019 and have three children together.

Speaking of returning to reality TV, she told Us Weekly in 2019: “Never say never. With TV, it’s one step at a time.

“I want to come back. I get asked about Real Housewives of Dubai all the time, so many people want it. I don’t think it’ll work because it’s very hard to film there. But I’m open. Be it on stage or be it on TV, you’re definitely going to be seeing more of me.”

Sara Al Madani

Instagram following: 427,688 @sara_almadani_

Emirati entrepreneur Sara Al Madani has amassed a large social media following as she grows her many businesses, with interests in fashion and technology business, as well as the restaurant industry.

She started working aged 15 and has also held government roles. In 2014, she was selected a board member for Sharjah Chamber of Commerce and Industry.

“I believe when you want to be a leader, you need to inspire by setting examples,” she told Accounting and Business Magazine in 2017. “I started my business when I was 15 and it was a man’s world; nobody helped me."

She says she tries to be an example to Emirati women, and encourages them to build businesses of their own.

“When an expat woman succeeds here, she sets an example for locals. I use these case studies to motivate local women. I tell them, 'Look, they left their hometowns and came to a different country; they have a lot of risks to take and yet they’re doing something. You are in your own country and you have it easier. Do something. Take a risk.'”

Her LinkedIn biography reads: “Serial Entrepreneur. Public Speaker. Investor. Global Citizen. Rebel. Spiritual Gangster. Wanderlust. Leadership Expert.”

In May, Al Madani, who is a single mother, joked that she is a “goal digger, not a gold digger” during a video interview with YouTube channel Curly Tales.

Lindsay Lohan

Instagram following: 9.6 million @lindsaylohan

It’s no secret that Mean Girls actress Lindsay Lohan lives in, and loves, Dubai. The former-child star has lived in the UAE for seven years, citing a lack of paparazzi as one of the attractions to life in the Emirates.

She is said to be dating Lebanese banker, Bader Chammas, and was seen with him in Hammana in June.

It’s not expected that Lohan will join the first season’s cast, but Andy Cohen, who is executive producer of Real Housewives and hosts the famously explosive reunion episodes, said he would “love” for her to join the show in the future.

When asked by a paparazzi if she was on the cards, Cohen replied: “Do you think Lindsay Lohan would do it? I would love it. I love Lindsay Lohan."

Karen Wazen

Instagram following: 6.8 million @karenwazen

With almost seven million followers on Instagram, Lebanese-British influencer Karen Wazen is certainly a major name on the UAE’s social media scene.

Married to Elias Bakhazi, the couple have three children and live in Dubai. Of moving to the city she has said: “At the beginning, I thought it was temporary and we’d just live here for a couple of years. But today, I can tell you, it’s home. I don’t see myself going anywhere.”

She is behind the popular brand, Karen Wazen Eyewear.

Nina Ali

Instagram following: 531,350 @nina.ali

Nina Ali is a Lebanese-American influencer who used to go by the moniker, Lipstick Mommy. She is married to British businessman Munif Ali and they have three children, Sophia, Nour and Ayan.

A co-founder of Fruit Cake and attached to Phoenix Store, a cryptocurrency mining hardware retailer, Ali has a diverse business portfolio.

She was born in Lebanon, but her family moved to Austin, Texas, when she was aged 4.

Speaking to Harper's Bazaar Arabia, she said of her early days on Instagram: “I didn’t even really know how Instagram worked. I just liked the idea of putting pictures up. And then people began to follow me, especially other mothers. It’s because of my followers and their support that I am who I am today.”

Chanel Ayan

Instagram following: 218,078 @chanelayan

Often dubbed Dubai’s top model, Chanel Ayan, who was born Ayan Pillott, has worked on campaigns for Piaget, Moschino, Van Cleef and Chanel and is described as an Amato muse. The Kenyan model has been married for more than 20 years and has a 16-year-old son, who also models. She moved to Dubai in 2004.

“I know a lot of models that can’t keep relationships, they have many opportunities, meeting different people, so, it kind of make it easy not to keep relationships,” she told the Nigerian Tribune in 2019.

“I believe in love. I have kept all my love this 20 years, I have kept my kid knowing his mum and dad, compared to how I grew up, that makes me really proud of the other person, to show my kid there are better people and people can keep their relationship intact and fight for family values and all that stuff. But that doesn’t mean I have had it easy, life is full of ups and downs but the thing is, you should be with somebody you can make your friend. My husband is kind of like my friend.”

She says she frequently gets mistaken for Somali-American model, Iman, the widow of David Bowie.

“[People] always mistake me for Iman because I look exactly like Iman,” she told Vanguard magazine in 2019. “I actually sent her message on Instagram and I said, ‘Hey, do you really think I look like you because I get this a lot?” She was like, ‘Oh my God, you really, really look like me.’”

Caroline Brooks

Instagram following: 130,846 @carolinedxb

Social media star and real estate director Caroline Brooks is also tipped to be on the show.

She describes herself as a “Boston-born real estate powerhouse, currently residing in Dubai”.

“I knew what I wanted out of life from a very young age. I never knew how privileged I was growing up until I travelled the world and got to see life through the eyes of so many people and cultures,” she wrote on Instagram in July. “Traveling and living abroad for the past 11 years has taught me so much, I began to appreciate my parents for everything.”

Brooks has been an executive director at Rent DXB real estate company for four years and she has cryptic Roman numerals in her Instagram bio, XV.XI.MMXXI, so could November 15 be the day she’s going to be announced for the show?

Lesa Milan Hall

Instagram following: 79,664 @lesa.milan

Jamaican designer Lesa Milan Hall, born Lesa-Gayle Wee Tom, is a former beauty pageant regular. She was a contestant in Miss Jamaica Universe 2009, and the Miss Caribbean World, Miss Hollywood Teen USA and Queen Miss Jamaica Caribbean World pageants in 2010.

She is no stranger to reality TV, having been cast in BET’s College Hill in 2008.

Milan Hall was linked to athlete Usain Bolt in 2010, but she is now married to British financer, Richard Hall, the couple have three sons.

Kelly Hodgkin

Instagram following: 40,392 @kellymariehodgkin

Businesswomen Kelly Hodgkin could be a candidate for the series. With numerous businesses and investments under her belt, including Gym Clothing Co, Nood underwear company and Bella Restaurant & Lounge in Dubai’s Business Bay.

She is mum to three sons and a director at PPMG media group, her husband Darren Hodgkin is the chief executive of the company. She has lived in Dubai for 13 years and resides in Jumeirah Golf Estates with her family.

Speaking to The National in July, Hodgkin said: “I was adopted at a very young age, along with my two sisters, and moved in with a family in Essex (south-east England). Mum was a teaching assistant, dad was an engineer. We never had a lot of money but I did not feel I wanted for anything.”

Of a low-point, she recalls: “I remember in England when I slept on a police bench and another time in a car. I could not even afford a bag of crisps. It was low but those times really shape you. When I moved here, I was renting a room and when I did not have a job, I would clean the house and cook because I was not able to afford my rent.”

Will there be many Emirati stars in ‘The Real Housewives of Dubai’?

So far, apart from Al Madani, there have been no other Emirati influencers speculated to join the Bravo cast.

The shortage of local names was the topic of conversation on Reddit, with one member writing: “I'm guessing this will have very few local women and mainly people who moved there from other countries.”

During a conversation about whether or not The Real Housewives of Dubai will be “representative” of life in Dubai, another said, “It's just about a few expat women who live there.”

Another pondered if the series is just going to feature “people being in Dubai” rather than an Emirati cast.

THE SPECS

GMC Sierra Denali 1500

Engine: 6.2-litre V8

Transmission: 10-speed automatic

Power: 420hp

Torque: 623Nm

Price: Dh232,500

The specs
Engine: 2.0-litre turbo 4-cyl

Transmission: eight-speed auto

Power: 190bhp

Torque: 300Nm

Price: Dh169,900

On sale: now 

The biog

Favourite food: Tabbouleh, greek salad and sushi

Favourite TV show: That 70s Show

Favourite animal: Ferrets, they are smart, sensitive, playful and loving

Favourite holiday destination: Seychelles, my resolution for 2020 is to visit as many spiritual retreats and animal shelters across the world as I can

Name of first pet: Eddy, a Persian cat that showed up at our home

Favourite dog breed: I love them all - if I had to pick Yorkshire terrier for small dogs and St Bernard's for big

Race card

5pm: Handicap (PA) Dh80,000 (Turf) 1,600m; 5.30pm: Maiden (PA) Dh80,000 (T) 1,400m

6pm: Handicap (PA) Dh80,000 (T) 1,400m; 6.30pm: Handicap (PA) Dh80,000 (T) 1,200m

7pm: Wathba Stallions Cup Handicap (PA) Dh70,000 (T) 2,200m

7.30pm: Handicap (TB) Dh100,000 (PA) 1,400m

Company%20Profile
%3Cp%3E%3Cstrong%3ECompany%3A%3C%2Fstrong%3E%20Astra%20Tech%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3EMarch%202022%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3EAbdallah%20Abu%20Sheikh%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20technology%20investment%20and%20development%3Cbr%3E%3Cstrong%3EFunding%20size%3A%3C%2Fstrong%3E%20%24500m%3C%2Fp%3E%0A
Tips for job-seekers
  • Do not submit your application through the Easy Apply button on LinkedIn. Employers receive between 600 and 800 replies for each job advert on the platform. If you are the right fit for a job, connect to a relevant person in the company on LinkedIn and send them a direct message.
  • Make sure you are an exact fit for the job advertised. If you are an HR manager with five years’ experience in retail and the job requires a similar candidate with five years’ experience in consumer, you should apply. But if you have no experience in HR, do not apply for the job.

David Mackenzie, founder of recruitment agency Mackenzie Jones Middle East

While you're here
Paatal Lok season two

Directors: Avinash Arun, Prosit Roy 

Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong

Rating: 4.5/5

UAE central contracts

Full time contracts

Rohan Mustafa, Ahmed Raza, Mohammed Usman, Chirag Suri, Mohammed Boota, Sultan Ahmed, Zahoor Khan, Junaid Siddique, Waheed Ahmed, Zawar Farid

Part time contracts

Aryan Lakra, Ansh Tandon, Karthik Meiyappan, Rahul Bhatia, Alishan Sharafu, CP Rizwaan, Basil Hameed, Matiullah, Fahad Nawaz, Sanchit Sharma

ABU%20DHABI'S%20KEY%20TOURISM%20GOALS%3A%20BY%20THE%20NUMBERS
%3Cp%3EBy%202030%2C%20Abu%20Dhabi%20aims%20to%20achieve%3A%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%2039.3%20million%20visitors%2C%3C%2Fstrong%3E%20nearly%2064%25%20up%20from%202023%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%20Dh90%20billion%20contribution%20to%20GDP%2C%3C%2Fstrong%3E%20about%2084%25%20more%20than%20Dh49%20billion%20in%202023%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%20178%2C000%20new%20jobs%2C%3C%2Fstrong%3E%20bringing%20the%20total%20to%20about%20366%2C000%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%2052%2C000%20hotel%20rooms%2C%3C%2Fstrong%3E%20up%2053%25%20from%2034%2C000%20in%202023%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%207.2%20million%20international%20visitors%2C%3C%2Fstrong%3E%20almost%2090%25%20higher%20compared%20to%202023's%203.8%20million%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%203.9%20international%20overnight%20hotel%20stays%2C%3C%2Fstrong%3E%2022%25%20more%20from%203.2%20nights%20in%202023%3C%2Fp%3E%0A
Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

La Mer lowdown

La Mer beach is open from 10am until midnight, daily, and is located in Jumeirah 1, well after Kite Beach. Some restaurants, like Cupagahwa, are open from 8am for breakfast; most others start at noon. At the time of writing, we noticed that signs for Vicolo, an Italian eatery, and Kaftan, a Turkish restaurant, indicated that these two restaurants will be open soon, most likely this month. Parking is available, as well as a Dh100 all-day valet option or a Dh50 valet service if you’re just stopping by for a few hours.
 

Profile

Name: Carzaty

Founders: Marwan Chaar and Hassan Jaffar

Launched: 2017

Employees: 22

Based: Dubai and Muscat

Sector: Automobile retail

Funding to date: $5.5 million

THE SPECS

Engine: 3.9-litre twin-turbo V8

Transmission: seven-speed dual clutch

Power: 710bhp

Torque: 770Nm

Speed: 0-100km/h 2.9 seconds

Top Speed: 340km/h

Price: Dh1,000,885

On sale: now

U19 World Cup in South Africa

Group A: India, Japan, New Zealand, Sri Lanka

Group B: Australia, England, Nigeria, West Indies

Group C: Bangladesh, Pakistan, Scotland, Zimbabwe

Group D: Afghanistan, Canada, South Africa, UAE

UAE fixtures

Saturday, January 18, v Canada

Wednesday, January 22, v Afghanistan

Saturday, January 25, v South Africa

UAE squad

Aryan Lakra (captain), Vriitya Aravind, Deshan Chethyia, Mohammed Farazuddin, Jonathan Figy, Osama Hassan, Karthik Meiyappan, Rishabh Mukherjee, Ali Naseer, Wasi Shah, Alishan Sharafu, Sanchit Sharma, Kai Smith, Akasha Tahir, Ansh Tandon

AI traffic lights to ease congestion at seven points to Sheikh Zayed bin Sultan Street

The seven points are:

Shakhbout bin Sultan Street

Dhafeer Street

Hadbat Al Ghubainah Street (outbound)

Salama bint Butti Street

Al Dhafra Street

Rabdan Street

Umm Yifina Street exit (inbound)

'Panga'

Directed by Ashwiny Iyer Tiwari

Starring Kangana Ranaut, Richa Chadha, Jassie Gill, Yagya Bhasin, Neena Gupta

Rating: 3.5/5

'Unrivaled: Why America Will Remain the World’s Sole Superpower'
Michael Beckley, Cornell Press

UAE currency: the story behind the money in your pockets
RESULTS

2.15pm Maiden (PA) Dh40,000 (Dirt) 1,200m

Winner Shawall, Abdul Aziz Al Balushi (jockey), Majed Al Jahouri (trainer)

2.45pm Handicap (PA) Dh40,000 (D) 1,200m

Winner Anna Bella Aa, Fabrice Veron, Abdelkhir Adam

3.15pm Handicap (PA) Dh40,000 (D) 1,200m

Winner AF Thayer, Tadhg O’Shea, Ernst Oertel

3.45pm Handicap (PA) Dh40,000 (D) 1,700m

Winner Taajer, Fabrice Veron, Eric Lemartinel

4.15pm The Ruler of Sharjah Cup – Prestige (PA) Dh250,000 (D) 1,700m

Winner Jawaal, Jim Crowley, Majed Al Jahouri

4.45pm Handicap (TB) Dh40,000 (D) 2,000m

Winner Maqaadeer, Jim Crowley, Doug Watson

MATCH INFO

Chelsea 4 (Mount 18',Werner 44', Hudson-Odoi 49', Havertz 85')

Morecambe 0

RESULTS

6.30pm: Emirates Holidays Maiden (TB) Dh 82,500 (Dirt) 1,900m
Winner: Lady Snazz, Richard Mullen (jockey), Satish Seemar (trainer).

7.05pm: Arabian Adventures Maiden (TB) Dh 82,500 (D) 1,200m
Winner: Zhou Storm, Connor Beasley, Ali Rashid Al Raihe.

7.40pm: Emirates Skywards Handicap (TB) Dh 82,500 (D) 1,200m
Winner: Rich And Famous, Royston Ffrench, Salem bin Ghadayer.

8.15pm: Emirates Airline Conditions (TB) Dh 120,000 (D) 1,400m
Winner: Rio Angie, Sam Hitchcock, Doug Watson.

8.50pm: Emirates Sky Cargo (TB) Dh 92,500 (D) 1,400m
Winner: Kinver Edge, Richard Mullen, Satish Seemar.

9.15pm: Emirates.com (TB) Dh 95,000 (D) 2,000m
Winner: Firnas, Xavier Ziani, Salem bin Ghadayer.

Recipe: Spirulina Coconut Brothie

Ingredients
1 tbsp Spirulina powder
1 banana
1 cup unsweetened coconut milk (full fat preferable)
1 tbsp fresh turmeric or turmeric powder
½ cup fresh spinach leaves
½ cup vegan broth
2 crushed ice cubes (optional)

Method
Blend all the ingredients together on high in a high-speed blender until smooth and creamy. 

AWARDS
%3Cp%3E%3Cstrong%3EBest%20Male%20black%20belt%3A%20%3C%2Fstrong%3ELucas%20Protasio%20(BRA)%3Cbr%3E%3Cstrong%3EBest%20female%20black%20belt%3A%20%3C%2Fstrong%3EJulia%20Alves%20(BRA)%3Cbr%3E%3Cstrong%3EBest%20Masters%20black%20belt%3A%3C%2Fstrong%3E%20Igor%20Silva%20(BRA)%3Cbr%3E%3Cstrong%3EBest%20Asian%20Jiu-Jitsu%20Federation%3A%3C%2Fstrong%3E%20Kazakhstan%3Cbr%3E%3Cstrong%3EBest%20Academy%20in%20UAE%3A%20%3C%2Fstrong%3ECommando%20Group%2C%20Abu%20Dhabi%3Cbr%3E%3Cstrong%3EBest%20International%20Academy%3A%3C%2Fstrong%3E%20Commando%20Group%2C%20Abu%20Dhabi%3Cbr%3E%3Cstrong%3EAfrican%20Player%20of%20the%20Year%3A%20%3C%2Fstrong%3EKatiuscia%20Yasmira%20Dias%20(GNB)%3Cbr%3E%3Cstrong%3EOceanian%20Player%20of%20the%20Year%3A%20%3C%2Fstrong%3EAnton%20Minenko%20(AUS)%3Cbr%3E%3Cstrong%3EEuropean%20Player%20of%20the%20Year%3A%3C%2Fstrong%3E%20Rose%20El%20Sharouni%20(NED)%3Cbr%3E%3Cstrong%3ENorth%20and%20Central%20American%20Player%20of%20the%20Year%3A%20%3C%2Fstrong%3EAlexa%20Yanes%20(USA)%3Cbr%3E%3Cstrong%3EAsian%20Player%20of%20the%20Year%3A%20%3C%2Fstrong%3EZayed%20Al%20Katheeri%20(UAE)%3Cbr%3E%3Cstrong%3ERookie%20of%20the%20Year%3A%3C%2Fstrong%3E%20Rui%20Neto%20(BRA)Rui%20Neto%20(BRA)%3C%2Fp%3E%0A
Bullet%20Train
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20David%20Leitch%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Brad%20Pitt%2C%20Aaron%20Taylor-Johnson%2C%20Brian%20Tyree%20Henry%2C%20Sandra%20Bullock%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A

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

Wicked: For Good

Director: Jon M Chu

Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater

Rating: 4/5

Specs

Engine: 51.5kW electric motor

Range: 400km

Power: 134bhp

Torque: 175Nm

Price: From Dh98,800

Available: Now

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.”

MATCH INFO

Mainz 0

RB Leipzig 5 (Werner 11', 48', 75', Poulsen 23', Sabitzer 36')

Man of the Match: Timo Werner (RB Leipzig)

Tips for newlyweds to better manage finances

All couples are unique and have to create a financial blueprint that is most suitable for their relationship, says Vijay Valecha, chief investment officer at Century Financial. He offers his top five tips for couples to better manage their finances.

Discuss your assets and debts: When married, it’s important to understand each other’s personal financial situation. It’s necessary to know upfront what each party brings to the table, as debts and assets affect spending habits and joint loan qualifications. Discussing all aspects of their finances as a couple prevents anyone from being blindsided later.

Decide on the financial/saving goals: Spouses should independently list their top goals and share their lists with one another to shape a joint plan. Writing down clear goals will help them determine how much to save each month, how much to put aside for short-term goals, and how they will reach their long-term financial goals.

Set a budget: A budget can keep the couple be mindful of their income and expenses. With a monthly budget, couples will know exactly how much they can spend in a category each month, how much they have to work with and what spending areas need to be evaluated.

Decide who manages what: When it comes to handling finances, it’s a good idea to decide who manages what. For example, one person might take on the day-to-day bills, while the other tackles long-term investments and retirement plans.

Money date nights: Talking about money should be a healthy, ongoing conversation and couples should not wait for something to go wrong. They should set time aside every month to talk about future financial decisions and see the progress they’ve made together towards accomplishing their goals.

UAE currency: the story behind the money in your pockets
MATCH INFO

Day 2 at Mount Maunganui

England 353

Stokes 91, Denly 74, Southee 4-88

New Zealand 144-4

Williamson 51, S Curran 2-28

The biog

Favourite films: Casablanca and Lawrence of Arabia

Favourite books: Start with Why by Simon Sinek and Good to be Great by Jim Collins

Favourite dish: Grilled fish

Inspiration: Sheikh Zayed's visionary leadership taught me to embrace new challenges.

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Arabian Gulf Cup FINAL

Al Nasr 2

(Negredo 1, Tozo 50)

Shabab Al Ahli 1

(Jaber 13)

MATCH INFO

Manchester United 1 (Rashford 36')

Liverpool 1 (Lallana 84')

Man of the match: Marcus Rashford (Manchester United)

RESULTS

Tottenham 1

Jan Vertonghen 13'

Norwich 1

Josip Drmic 78'

2-3 on penalties

UAE currency: the story behind the money in your pockets
UAE SQUAD

Omar Abdulrahman (Al Hilal), Ali Khaseif, Ali Mabkhout, Salem Rashed, Khalifa Al Hammadi, Khalfan Mubarak, Zayed Al Ameri, Mohammed Al Attas (Al Jazira), Khalid Essa, Ahmed Barman, Ryan Yaslam, Bandar Al Ahbabi (Al Ain), Habib Fardan, Tariq Ahmed, Mohammed Al Akbari (Al Nasr), Ali Saleh, Ali Salmin (Al Wasl), Adel Al Hosani, Ali Hassan Saleh, Majed Suroor (Sharjah), Ahmed Khalil, Walid Abbas, Majed Hassan, Ismail Al Hammadi (Shabab Al Ahli), Hassan Al Muharrami, Fahad Al Dhahani (Bani Yas), Mohammed Al Shaker (Ajman)

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Company%20profile
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UAE Premiership

Results

Dubai Exiles 24-28 Jebel Ali Dragons
Abu Dhabi Harlequins 43-27 Dubai Hurricanes

Final
Abu Dhabi Harlequins v Jebel Ali Dragons, Friday, March 29, 5pm at The Sevens, Dubai

You Were Never Really Here

Director: Lynne Ramsay

Starring: Joaquim Phoenix, Ekaterina Samsonov

Four stars

Updated: March 07, 2022, 1:50 PM