The book-writing coach Gertrude Matshe. Courtesy Salwa Zeidan Gallery
The book-writing coach Gertrude Matshe. Courtesy Salwa Zeidan Gallery

5 things to do today: sign up for a book-writing workshop or attend Meet the Faculty night at NYFA Abu Dhabi



Sign up to take part in one of the three workshops titled How to Write a Book in 40 Hours by the international book writing coach Gertrude Matshe. She also will teach participants how to publish on Amazon and Kindle, market and promote the book and much more. On March 25, 5.30pm, Dh350, Salwa Zeidan Gallery, St Regis Saadiyat Island Resort, Saadiyat Island, Abu Dhabi, www.amiando.com/myfirstbookabudhabi; March 28, 10am, Dh350, Showcase Gallery, Alserkal Avenue, Dubai, www.amiando.com/myfirstbook; April 4, 4pm, Dh350, Maraya Art Centre, Sharjah, www.amiando.com/myfirstbooksharjah

Attend Meet the Faculty night at the New York Film Academy Abu Dhabi and get to know the acting, screenwriting, cinematography and editing instructors, including Norman B Schwartz, a film craft and screenwriting instructor, who worked on the Oscar-winning films The Exorcist and ET – The Extra-Terrestrial. Today, March 15, From 6pm to 8pm, free, off 15th Street, between 2nd and 4th streets, Abu Dhabi, www.nyfa.edu/abu-dhabi

Register for the class Becoming a Parent. The Salama Bint Hamdan Al Nahyan Foundation presents a talk by Dr Ross Thompson on parenting as part of the Early Childhood Development Parenting Program. March 23-24, Manarat Al Saadiyat, Saadiyat Island, Abu Dhabi on Monday; Al Ain Municipality Auditorium, Al Ain on Tuesday, 5pm to 6.30pm, free entry, register at eduprogram@shf.ae

Reserve your spot at a free talk by Big On Children's Super Granny, one of South Africa's foremost parenting experts, who will discuss building self-confidence in children, and address topics such as bullying. On March 17, 9.15-11.30am, free, Kids HQ, Umm Suqeim Road, Al Barsha, Dubai, registration essential at 04 379 4233, fun@kidshq.ae

Sit in on the co.mmission artist's talk, in which the American artist Jonny Farrow presents an art piece that will become a permanent fixture at Ductac. Today, March 15, from 7pm to 8pm, Art Forum, Ductac, Mall of the Emirates, Dubai, 04 341 4777, www.ductac.org

listings@thenational.ae

Aquaman and the Lost Kingdom

Director: James Wan

Starring: Jason Mamoa, Patrick Wilson, Amber Heard, Yahya Abdul-Mateen II 

Rating: 2/5

The details

Heard It in a Past Life

Maggie Rogers

(Capital Records)

3/5

England World Cup squad

Eoin Morgan (capt), Moeen Ali, Jofra Archer, Jonny Bairstow, Jos Buttler (wkt), Tom Curran, Liam Dawson, Liam Plunkett, Adil Rashid, Joe Root, Jason Roy, Ben Stokes, James Vince, Chris Woakes, Mark Wood

Director: Nag Ashwin

Starring: Prabhas, Saswata Chatterjee, Deepika Padukone, Amitabh Bachchan, Shobhana

Rating: ★★★★

Brahmastra: Part One - Shiva

Director: Ayan Mukerji

Stars: Ranbir Kapoor, Alia Bhatt and Amitabh Bachchan

Rating: 2/5

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.”

What is hepatitis?

Hepatitis is an inflammation of the liver, which can lead to fibrosis (scarring), cirrhosis or liver cancer.

There are 5 main hepatitis viruses, referred to as types A, B, C, D and E.

Hepatitis C is mostly transmitted through exposure to infective blood. This can occur through blood transfusions, contaminated injections during medical procedures, and through injecting drugs. Sexual transmission is also possible, but is much less common.

People infected with hepatitis C experience few or no symptoms, meaning they can live with the virus for years without being diagnosed. This delay in treatment can increase the risk of significant liver damage.

There are an estimated 170 million carriers of Hepatitis C around the world.

The virus causes approximately 399,000 fatalities each year worldwide, according to WHO.

 

The specs: Fenyr SuperSport

Price, base: Dh5.1 million

Engine: 3.8-litre twin-turbo flat-six

Transmission: Seven-speed automatic

Power: 800hp @ 7,100pm

Torque: 980Nm @ 4,000rpm

Fuel economy, combined: 13.5L / 100km

About Okadoc

Date started: Okadoc, 2018

Founder/CEO: Fodhil Benturquia

Based: Dubai, UAE

Sector: Healthcare

Size: (employees/revenue) 40 staff; undisclosed revenues recording “double-digit” monthly growth

Funding stage: Series B fundraising round to conclude in February

Investors: Undisclosed

David Haye record

Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4


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