Celebrate World health day at Sushi Art with a sea bream served in a bowl with lime, corinader, cucumber, red onion and red pepper. Courtesy of Sushi Art
Celebrate World health day at Sushi Art with a sea bream served in a bowl with lime, corinader, cucumber, red onion and red pepper. Courtesy of Sushi Art
Celebrate World health day at Sushi Art with a sea bream served in a bowl with lime, corinader, cucumber, red onion and red pepper. Courtesy of Sushi Art
Celebrate World health day at Sushi Art with a sea bream served in a bowl with lime, corinader, cucumber, red onion and red pepper. Courtesy of Sushi Art

5 things to do: Celebrate World Health Day at Sushi Art or see the Game of Arts exhibit at The Dubai Mall


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Celebrate World Health Day today by nourishing your body with a healthy, citrus-based, marinated fish dish. Sushi Art's ceviche is a light lunch of a tantalising mix of ingredients. Choosen from salmon, tuna or sea bream served in a bowl with lime, corinader, cucumber, red onion and red pepper. from Dh65 for the salmon ceviches, The Galleria, Sowwah Square, Abu Dhabi; Marble Walk, DIFC, Dubai, 800 220, www.sushiart.ae

Take your children ages 12 and younger to participate in the Power Bites cooking classes on the occasion of World Health Day. Kids and parents can learn together how to create delicious, wholesome lunchbox snacks and dishes, with two easy recipes for healthful foods presented in a fun, entertaining way, such as clown pizzas, whole-wheat tortilla snakes and sandwiches in the shape of kitty cats, caterpillars and birds. 4.30pm, Dh60 per child, Nosh Restaurant, Movenpick Hotel Jumeirah Lakes Towers, Dubai, 04 438 0000,

Register to sell your personally owned artwork at Part With Your Art, an event that lets art enthusiasts trade art at every budget level in a relaxed event. Showcase your works and scour the scene for a new pre-owned favourite. Registration ends on April 11 at www.irisdubai.com/art. April 18-22, Iris Lounge, Oberoi Hotel, Business Bay, Dubai, www.facebook.com/irisdubaiuae

Get a sneak peek of the Middle East Film and Comic Con at the Game of Arts exhibition at the Dubai Mall. See a collection of shields provided by Oddvar Lonnerkrantz, a traditional Viking blacksmith and a direct descendant of the last Viking king Sven Estridsen of Denmark. The shields have been customised by 20 regional artists and will be sold at a silent auction at the MEFCC with proceeds going to the Super Hope UAE Charity. Souk Atrium, ground floor, The Dubai Mall, Dubai, www.mefcc.com

Sign up to attend the British Business Group's workshop Become a Black Belt Negotiator. The speaker Tom Flatau will provide practical negotiation solutions for business professionals in all fields. April 14, 6-8pm, from Dh100 for BBG members and from Dh150 for non-members, Dusit Thani hotel, Muroor Road, Abu Dhabi, events@bbgauh01.ae

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How to apply for a drone permit
  • Individuals must register on UAE Drone app or website using their UAE Pass
  • Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
  • Upload the training certificate from a centre accredited by the GCAA
  • Submit their request
What are the regulations?
  • Fly it within visual line of sight
  • Never over populated areas
  • Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
  • Users must avoid flying over restricted areas listed on the UAE Drone app
  • Only fly the drone during the day, and never at night
  • Should have a live feed of the drone flight
  • Drones must weigh 5 kg or less
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Results

1. Lewis Hamilton (Mercedes) 1hr 32mins 03.897sec

2. Max Verstappen (Red Bull-Honda) at 0.745s

3. Valtteri Bottas (Mercedes) 37.383s

4. Lando Norris (McLaren) 46.466s

5.Sergio Perez (Red Bull-Honda) 52.047s

6. Charles Leclerc (Ferrari) 59.090s

7. Daniel Ricciardo (McLaren) 1:06.004

8. Carlos Sainz Jr (Ferrari) 1:07.100

9. Yuki Tsunoda (AlphaTauri-Honda) 1:25.692

10. Lance Stroll (Aston Martin-Mercedes) 1:26.713,

RESULT

Valencia 3

Kevin Gameiro 21', 51'

Ferran Torres 67'

Atlanta 4

Josip Llicic 3' (P), 43' (P), 71', 82'

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.”

UAE currency: the story behind the money in your pockets
World record transfers

1. Kylian Mbappe - to Real Madrid in 2017/18 - €180 million (Dh770.4m - if a deal goes through)
2. Paul Pogba - to Manchester United in 2016/17 - €105m
3. Gareth Bale - to Real Madrid in 2013/14 - €101m
4. Cristiano Ronaldo - to Real Madrid in 2009/10 - €94m
5. Gonzalo Higuain - to Juventus in 2016/17 - €90m
6. Neymar - to Barcelona in 2013/14 - €88.2m
7. Romelu Lukaku - to Manchester United in 2017/18 - €84.7m
8. Luis Suarez - to Barcelona in 2014/15 - €81.72m
9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m

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TCL INFO

Teams:
Punjabi Legends 
Owners: Inzamam-ul-Haq and Intizar-ul-Haq; Key player: Misbah-ul-Haq
Pakhtoons Owners: Habib Khan and Tajuddin Khan; Key player: Shahid Afridi
Maratha Arabians Owners: Sohail Khan, Ali Tumbi, Parvez Khan; Key player: Virender Sehwag
Bangla Tigers Owners: Shirajuddin Alam, Yasin Choudhary, Neelesh Bhatnager, Anis and Rizwan Sajan; Key player: TBC
Colombo Lions Owners: Sri Lanka Cricket; Key player: TBC
Kerala Kings Owners: Hussain Adam Ali and Shafi Ul Mulk; Key player: Eoin Morgan

Venue Sharjah Cricket Stadium
Format 10 overs per side, matches last for 90 minutes
When December 14-17

UAE currency: the story behind the money in your pockets
How to avoid crypto fraud
  • Use unique usernames and passwords while enabling multi-factor authentication.
  • Use an offline private key, a physical device that requires manual activation, whenever you access your wallet.
  • Avoid suspicious social media ads promoting fraudulent schemes.
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