10 things to do today: Book to attend an equestrian performance, get your veggies at Ripe Market and more



Your daily guide to community and cultural activities across the Emirates for March 17, 2017, including performances, festivals, art exhibitions, film creenings, health and fitness events, talks, classes, workshops and family fun. Aarti Jhurani rounds up 10 things to do today in the UAE.

Want to see your event listed here? Email us with the details and contact information at listings@thenational.ae

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Al Ain

Horse show

Book your tickets to attend an equestrian performance choreographed by renowned director Bartabas, featuring horsemen and horses from the prestigious National Equestrian Academy of Versailles. The show, which comprises 30 horses in a choreography fusing classic dressage, dance, fencing, poetry and music, will be performed in a purpose built-arena in Al Jahili Fort’s courtyard.

Thursday to March 28, no show on March 26, from 8pm, Al Jahili Fort, Al Mutawaa, Al Ain, tickets cost from Dh50 at www.800tickets.com

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Abu Dhabi

Pop-up market

Spend the day at Venetian Village and shop at the one-day-only, pop-up Ripe Market, where you can find locally harvested organic produce, plus the offerings of talented artisans, crafters, jewellers and designers, while enjoying live music.

Today, 3pm to 10pm, Venetian Village, The Ritz Carlton Abu Dhabi, Grand Canal, Abu Dhabi, www.ripeme.com

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Nationwide

New film

An adaptation of the perennial fairy tale, Beauty and the Beast is the story of Belle (Emma Watson), a bright, independent young woman who is taken hostage by a beast (Dan Stevens) in its castle. Despite her fears, she befriends the castle's staff and learns to look beyond the beast's exterior, allowing herself to recognise the kind heart and soul of the true prince that hides inside. Musical fantasy, also starring Stanley Tucci, Ian McKellan, Ewan McGregor and Emma Thompson.

Screening at cinemas across the UAE (PG-13)

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Abu Dhabi

Art exhibition

Catch the opening of But We Cannot See Them: Tracing a UAE Art Community, 1988-2008. The exhibition focuses on a community of artists, sometimes called "the five", made up of visual artists, writers and filmmakers, who encouraged a new culture of radical, formal and conceptual experimentation. Despite a flourishing contemporary art community in the early 1990s, curators visiting the UAE concluded that none existed because of the lack of public venues supporting such artists. Their work is now being presented as one of the country's most important in its artistic history. Pictured: Gallery Cement with Mixed Media, 2000 by Hussain Sharif

Until May 25, 3pm to 10pm, Saturdays to Thursdays (closed Fridays), NYU Abu Dhabi Art Gallery, Saadiyat Island, Abu Dhabi, 02 628 8000, www.nyuad-artgallery.org

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Dubai

Family fun

Visit Global Village to see street theatre acts including stilt walkers, magicians, plus Mobile Magicians, Gorilla Gary, Globot and more. Daily until April 8, 4pm to midnight, Saturdays to Wednesdays; 4pm to 1am, Thursdays and Fridays, Global Village, Dh15 entrance, Exit 37, Sheikh Mohammed bin Zayed Road, Dubai, www.globalvillage.ae

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Dubai

Art week

Check out new exhibitions, majlis talks, workshops, daily tours, pop-ups and more at Art Week at Alserkal Avenue. This year’s participating galleries include 1x1, Art Jameel, Ayyam Gallery, Carbon 12 and Gallery Isabelle van den Eynde. Also check out pop-up dinners at Inked and film screenings.

Until tomorrow, 10am to 7pm, Alserkal Avenue, Al Quoz, Dubai, view the full programme at www.alserkalavenue.ae

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Dubai

Children’s event

Take your little ones to the British Orchard Nursery’s Fun Fair, as it celebrates its 10th anniversary. There will be art competitions, games, a petting show, story sessions, movies, drumming sessions, a baking contest for adults and children, plus a food court featuring a wide variety of international cuisines.

Today and tomorrow, 10am to 6pm, free, British Orchard Nursery, 20A, 33rd Street, Mankhool, Bur Dubai, 04 398 3536, www.britishorchardnursery.com

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Dubai

Horse show

Visit the Dubai International Horse Fair to enjoy activities for adults and children. Kids can learn about domesticated animals such as Shetland ponies, sheep, goats, snakes, rabbits and birds at the Fun Farm, where they can touch and feed them. There will be a performance by Spanish equestrian performers, an equine-inspired art gallery, a heritage village, pony riding, falconry and more.

Until tomorrow, 2pm to 8pm today, 11am to 8pm tomorrow, Zaabeel Halls 5 and 6, Dubai World Trade Centre, free, children under 16 should be accompanied by adults, www.dihf.ae

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Dubai

Fitness event

Take part in the Get Fit Wellness Programme at The Beach. The action-packed, two-day event filled with wellness activities aims to encourage Dubai residents to embrace healthier events. Activities include sunrise yoga, beach volleyball, intense HIIT workout sessions, beach dodgeball, circuit classes and kayak races. Participants can sign up for the beach volleyball and beach dodgeball tournaments – the winning team stands to win Dh3,000. All activities will be filled on a first-come, first-served basis, so it's recommended to arrive early. Today and tomorrow, 7am to 7pm, free, The Beach, opposite Jumeirah Beach Residence, Dubai, sign up for the tournaments at www.duplays.com, full schedule at www.thebeach.ae

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Dubai

Kids’ camp

Register your children, ages 3 to 13, to take part in the Gulf Star Sports Spring Camps, where they can enjoy hours of fun and excitement as well as learn new skills including sports, team games, arts and crafts, martial arts, performing arts and more.

March 26 to 30 and April 2 to 6, 9am to 2.30pm, Dh800 for one week, Foremarke School, Jebel Ali Primary School, Arcadia Preparatory School, Clarion School, Repton School, Dovecote Green Primary School and Hartland International School, Dubai, 050 429 4860, info@gulfstarsports.com

Roger Federer's 2018 record

Australian Open Champion

Rotterdam Champion

Indian Wells Runner-up

Miami Second round

Stuttgart Champion

Halle Runner-up

Wimbledon Quarter-finals

Cincinnati Runner-up

US Open Fourth round

Shanghai Semi-finals

Basel Champion

Paris Masters Semi-finals

 

 

Top 5 concerns globally:

1. Unemployment

2. Spread of infectious diseases

3. Fiscal crises

4. Cyber attacks

5. Profound social instability

Top 5 concerns in the Mena region

1. Energy price shock

2. Fiscal crises

3. Spread of infectious diseases

4. Unmanageable inflation

5. Cyber attacks

Source: World Economic Foundation

EMIRATES'S REVISED A350 DEPLOYMENT SCHEDULE

Edinburgh: November 4 (unchanged)

Bahrain: November 15 (from September 15); second daily service from January 1

Kuwait: November 15 (from September 16)

Mumbai: January 1 (from October 27)

Ahmedabad: January 1 (from October 27)

Colombo: January 2 (from January 1)

Muscat: March 1 (from December 1)

Lyon: March 1 (from December 1)

Bologna: March 1 (from December 1)

Source: Emirates

Will the pound fall to parity with the dollar?

The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.

Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.

New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.

“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.

The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.

The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.

Bloomberg

How to avoid getting scammed
  • Never click on links provided via app or SMS, even if they seem to come from authorised senders at first glance
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  • Double-check the web addresses to reduce exposure to fake sites created with domain names containing spelling errors
Confirmed bouts (more to be added)

Cory Sandhagen v Umar Nurmagomedov
Nick Diaz v Vicente Luque
Michael Chiesa v Tony Ferguson
Deiveson Figueiredo v Marlon Vera
Mackenzie Dern v Loopy Godinez

Tickets for the August 3 Fight Night, held in partnership with the Department of Culture and Tourism Abu Dhabi, went on sale earlier this month, through www.etihadarena.ae and www.ticketmaster.ae.

Mountain Boy

Director: Zainab Shaheen

Starring: Naser Al Messabi

Rating: 3/5

5 of the most-popular Airbnb locations in Dubai

Bobby Grudziecki, chief operating officer of Frank Porter, identifies the five most popular areas in Dubai for those looking to make the most out of their properties and the rates owners can secure:

• Dubai Marina

The Marina and Jumeirah Beach Residence are popular locations, says Mr Grudziecki, due to their closeness to the beach, restaurants and hotels.

Frank Porter’s average Airbnb rent:
One bedroom: Dh482 to Dh739 
Two bedroom: Dh627 to Dh960 
Three bedroom: Dh721 to Dh1,104

• Downtown

Within walking distance of the Dubai Mall, Burj Khalifa and the famous fountains, this location combines business and leisure.  “Sure it’s for tourists,” says Mr Grudziecki. “Though Downtown [still caters to business people] because it’s close to Dubai International Financial Centre."

Frank Porter’s average Airbnb rent:
One bedroom: Dh497 to Dh772
Two bedroom: Dh646 to Dh1,003
Three bedroom: Dh743 to Dh1,154

• City Walk

The rising star of the Dubai property market, this area is lined with pristine sidewalks, boutiques and cafes and close to the new entertainment venue Coca Cola Arena.  “Downtown and Marina are pretty much the same prices,” Mr Grudziecki says, “but City Walk is higher.”

Frank Porter’s average Airbnb rent:
One bedroom: Dh524 to Dh809 
Two bedroom: Dh682 to Dh1,052 
Three bedroom: Dh784 to Dh1,210 

• Jumeirah Lake Towers

Dubai Marina’s little brother JLT resides on the other side of Sheikh Zayed road but is still close enough to beachside outlets and attractions. The big selling point for Airbnb renters, however, is that “it’s cheaper than Dubai Marina”, Mr Grudziecki says.

Frank Porter’s average Airbnb rent:
One bedroom: Dh422 to Dh629 
Two bedroom: Dh549 to Dh818 
Three bedroom: Dh631 to Dh941

• Palm Jumeirah

Palm Jumeirah's proximity to luxury resorts is attractive, especially for big families, says Mr Grudziecki, as Airbnb renters can secure competitive rates on one of the world’s most famous tourist destinations.

Frank Porter’s average Airbnb rent:
One bedroom: Dh503 to Dh770 
Two bedroom: Dh654 to Dh1,002 
Three bedroom: Dh752 to Dh1,152 

Sui Dhaaga: Made in India

Director: Sharat Katariya

Starring: Varun Dhawan, Anushka Sharma, Raghubir Yadav

3.5/5

Company Profile

Name: HyveGeo
Started: 2023
Founders: Abdulaziz bin Redha, Dr Samsurin Welch, Eva Morales and Dr Harjit Singh
Based: Cambridge and Dubai
Number of employees: 8
Industry: Sustainability & Environment
Funding: $200,000 plus undisclosed grant
Investors: Venture capital and government

2021 World Triathlon Championship Series

May 15: Yokohama, Japan
June 5: Leeds, UK
June 24: Montreal, Canada
July 10: Hamburg, Germany
Aug 17-22: Edmonton, Canada (World Triathlon Championship Final)
Nov 5-6 : Abu Dhabi, UAE
Date TBC: Chengdu, China

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.”

Dengue fever symptoms

High fever (40°C/104°F)
Severe headache
Pain behind the eyes
Muscle and joint pains
Nausea
Vomiting
Swollen glands
Rash

Safety 'top priority' for rival hyperloop company

The chief operating officer of Hyperloop Transportation Technologies, Andres de Leon, said his company's hyperloop technology is “ready” and safe.

He said the company prioritised safety throughout its development and, last year, Munich Re, one of the world's largest reinsurance companies, announced it was ready to insure their technology.

“Our levitation, propulsion, and vacuum technology have all been developed [...] over several decades and have been deployed and tested at full scale,” he said in a statement to The National.

“Only once the system has been certified and approved will it move people,” he said.

HyperloopTT has begun designing and engineering processes for its Abu Dhabi projects and hopes to break ground soon. 

With no delivery date yet announced, Mr de Leon said timelines had to be considered carefully, as government approval, permits, and regulations could create necessary delays.

ROUTE TO TITLE

Round 1: Beat Leolia Jeanjean 6-1, 6-2
Round 2: Beat Naomi Osaka 7-6, 1-6, 7-5
Round 3: Beat Marie Bouzkova 6-4, 6-2
Round 4: Beat Anastasia Potapova 6-0, 6-0
Quarter-final: Beat Marketa Vondrousova 6-0, 6-2
Semi-final: Beat Coco Gauff 6-2, 6-4
Final: Beat Jasmine Paolini 6-2, 6-2

Overview

What: The Arab Women’s Sports Tournament is a biennial multisport event exclusively for Arab women athletes.

When: From Sunday, February 2, to Wednesday, February 12.

Where: At 13 different centres across Sharjah.

Disciplines: Athletics, archery, basketball, fencing, Karate, table tennis, shooting (rifle and pistol), show jumping and volleyball.

Participating countries: Algeria, Bahrain, Comoros, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Palestine, Saudi Arabia, Sudan, Syria, Tunisia, Qatar and UAE.

The winners

Fiction

  • ‘Amreekiya’  by Lena Mahmoud
  •  ‘As Good As True’ by Cheryl Reid

The Evelyn Shakir Non-Fiction Award

  • ‘Syrian and Lebanese Patricios in Sao Paulo’ by Oswaldo Truzzi;  translated by Ramon J Stern
  • ‘The Sound of Listening’ by Philip Metres

The George Ellenbogen Poetry Award

  • ‘Footnotes in the Order  of Disappearance’ by Fady Joudah

Children/Young Adult

  •  ‘I’ve Loved You Since Forever’ by Hoda Kotb 
Blonde

Director: Andrew Dominik
Stars: Ana de Armas, Adrien Brody, Bobby Cannavale
Rating: 3/5

The Book of Collateral Damage

Sinan Antoon

(Yale University Press)

TWISTERS

Director: Lee Isaac Chung

Starring: Glenn Powell, Daisy Edgar-Jones, Anthony Ramos

Rating: 2.5/5

The specs: 2018 Maserati Levante S

Price, base / as tested: Dh409,000 / Dh467,000

Engine: 3.0-litre V6

Transmission: Eight-speed automatic

Power: 430hp @ 5,750rpm

Torque: 580Nm @ 4,500rpm

Fuel economy, combined: 10.9L / 100km

The specs: 2018 GMC Terrain

Price, base / as tested: Dh94,600 / Dh159,700

Engine: 2.0-litre turbocharged four-cylinder

Power: 252hp @ 5,500rpm

Torque: 353Nm @ 2,500rpm

Transmission: Nine-speed automatic

Fuel consumption, combined: 7.4L  / 100km

Sarfira

Director: Sudha Kongara Prasad

Starring: Akshay Kumar, Radhika Madan, Paresh Rawal

Rating: 2/5