Tuesday at MEIFF belonged to Elia Suleiman. First, though, the headline event: the world premiere of the spectacular undersea documentary Oceans, attended by the French ambassador Alain Azouaou and the film's directors Jacques Perrin and Jacques Cluzaud.
The film is an odd fusion of the production values of the BBC Natural History unit and the aesthetics of Cirque du Soleil - short on narrative and exposition but brimming over with abstract, swirling prettiness. In light of the momentousness of the screening, Peter Scarlet announced that antipiracy patrols would be circling the auditorium in infrared goggles to prevent the film from leaking.
As it turned out, Oceans contained enough indelible images to make it certain that everyone in the audience will have carried large chunks of footage away, scorched on to their retinas. I shall not soon forget the sight of a diver swimming calmly along in the slipstream of an embarrassed-looking great white's lateral fin, much less the bizarre footage of diving iguanas.
All the same, in the battle for the limelight, Elia Suleiman, Palestinian director of The Time that Remains, won on points. Variety magazine gave him its 2009 award for Middle East Filmmaker of the Year. The festival threw a lunchtime reception for him at Etoiles and then his film played to an enthusiastic reception in the early evening. It was followed by a press conference so arch and languid the director insisted on billing it as a "chit-chat", flamboyantly smoking and tossing a white scarf over his shoulder throughout.
Lest anyone think he might be enjoying the attention, he insisted that he wasn't "really obsessed" by red carpets. "I get narcissistic here and there," he conceded, deadpan.
Variety's international editor, Ali Jafaar, was putting the questions; one by one, Suleiman dismantled them. "You became a filmmaker relatively late," was one innocent sally (Suleiman's career began when he was 30). "What is early and what is late?" came the coquettish reply.
Critical distinctions didn't have "any importance" for how he worked, he said, before launching on an impassioned essay on Palestine as a universal symbol of oppression, the artist's duty of fidelity to everything he values in life - people, possessions, pets - and the insights furnished by his diasporic existence. "It certainly makes one want to live and love, not just in one colour," he sighed. If it is possible to flirt with an entire room, that's what he appeared to be doing.
Incidentally, the accompanying photograph offers another glimpse into Suleiman's frolicsome disposition. It was taken by Pamela Gentile, an American photojournalist who has been coaching female students from Zayed University and the Higher Colleges of Technology. Her group ran into the director at the festival and asked if they could take his portrait. Suleiman agreed, before turning the tables on the students.
"He ended up taking a picture of them," Gentile told me. "He really found it fascinating. He wants that photo for his wall."
Earlier in the day I had a chance to talk to the producer and star of one of my favourite films to play at the festival so far, the downbeat, ultra-naturalistic Chilean drama Huacho, written and directed by Alejandro Fernandez Almendras. The piece takes a very unsentimental look at the costs of a traditional rural existence in a country that has embraced capitalism and modernity. Its moral, to oversimplify, is that it's no fun being picturesque if you're too poor to pay the electricity bill, though the picture dramatises its various dilemmas with remarkable subtlety. Cornelio Villagran plays an elderly peasant farmer in the film, which he says he did not find very difficult since he is one.
He had never acted before, and at 72 he doesn't expect he will again. Still, as he explained to our interpreter, Huacho's assistant producer Eduardo Villalobos, he will "always be in touch" in case another job comes up.
When the film played at Cannes Villalobos started making a documentary about Villagran's time at the festival; it was, he said, the first time the older man had been outside Chile. They brought equipment to continue the film at MEIFF, but seem to have been too fazed to push on with it.
"It's a bit weird," Villalobos explains. "We were talking earlier with Cornelio about the gold things, how everything is like a fantasy... This is a very nice place and were glad to be here and so happy to be invited. But it's so different."
For his own part, Villagran seems to have found a sane way of accommodating things. "I never thought I could be here," he told the producer. "I am just bringing all the memories in my heart to tell all my people in Chile about my experience."
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
Manikarnika: The Queen of Jhansi
Director: Kangana Ranaut, Krish Jagarlamudi
Producer: Zee Studios, Kamal Jain
Cast: Kangana Ranaut, Ankita Lokhande, Danny Denzongpa, Atul Kulkarni
Rating: 2.5/5
SCHEDULE
Saturday, April 20: 11am to 7pm - Abu Dhabi World Jiu-Jitsu Festival and Para jiu-jitsu.
Sunday, April 21: 11am to 6pm - Abu Dhabi World Youth (female) Jiu-Jitsu Championship.
Monday, April 22: 11am to 6pm - Abu Dhabi World Youth (male) Jiu-Jitsu Championship.
Tuesday, April 23: 11am-6pm Abu Dhabi World Masters Jiu-Jitsu Championship.
Wednesday, April 24: 11am-6pm Abu Dhabi World Professional Jiu-Jitsu Championship.
Thursday, April 25: 11am-5pm Abu Dhabi World Professional Jiu-Jitsu Championship.
Friday, April 26: 3pm to 6pm Finals of the Abu Dhabi World Professional Jiu-Jitsu Championship.
Saturday, April 27: 4pm and 8pm awards ceremony.
The smuggler
Eldarir had arrived at JFK in January 2020 with three suitcases, containing goods he valued at $300, when he was directed to a search area.
Officers found 41 gold artefacts among the bags, including amulets from a funerary set which prepared the deceased for the afterlife.
Also found was a cartouche of a Ptolemaic king on a relief that was originally part of a royal building or temple.
The largest single group of items found in Eldarir’s cases were 400 shabtis, or figurines.
Khouli conviction
Khouli smuggled items into the US by making false declarations to customs about the country of origin and value of the items.
According to Immigration and Customs Enforcement, he provided “false provenances which stated that [two] Egyptian antiquities were part of a collection assembled by Khouli's father in Israel in the 1960s” when in fact “Khouli acquired the Egyptian antiquities from other dealers”.
He was sentenced to one year of probation, six months of home confinement and 200 hours of community service in 2012 after admitting buying and smuggling Egyptian antiquities, including coffins, funerary boats and limestone figures.
For sale
A number of other items said to come from the collection of Ezeldeen Taha Eldarir are currently or recently for sale.
Their provenance is described in near identical terms as the British Museum shabti: bought from Salahaddin Sirmali, "authenticated and appraised" by Hossen Rashed, then imported to the US in 1948.
- An Egyptian Mummy mask dating from 700BC-30BC, is on offer for £11,807 ($15,275) online by a seller in Mexico
- A coffin lid dating back to 664BC-332BC was offered for sale by a Colorado-based art dealer, with a starting price of $65,000
- A shabti that was on sale through a Chicago-based coin dealer, dating from 1567BC-1085BC, is up for $1,950
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.”
Straightforward ways to reduce sugar in your family's diet
- Ban fruit juice and sodas
- Eat a hearty breakfast that contains fats and wholegrains, such as peanut butter on multigrain toast or full-fat plain yoghurt with whole fruit and nuts, to avoid the need for a 10am snack
- Give young children plain yoghurt with whole fruits mashed into it
- Reduce the number of cakes, biscuits and sweets. Reserve them for a treat
- Don’t eat dessert every day
- Make your own smoothies. Always use the whole fruit to maintain the benefit of its fibre content and don’t add any sweeteners
- Always go for natural whole foods over processed, packaged foods. Ask yourself would your grandmother have eaten it?
- Read food labels if you really do feel the need to buy processed food
- Eat everything in moderation
States of Passion by Nihad Sirees,
Pushkin Press
Arabian Gulf League fixtures:
Friday:
- Emirates v Hatta, 5.15pm
- Al Wahda v Al Dhafra, 5.25pm
- Al Ain v Shabab Al Ahli Dubai, 8.15pm
Saturday:
- Dibba v Ajman, 5.15pm
- Sharjah v Al Wasl, 5.20pm
- Al Jazira v Al Nasr, 8.15pm
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)