Kristen Stewart. Ian Langsdon / EPA
Kristen Stewart. Ian Langsdon / EPA
Kristen Stewart. Ian Langsdon / EPA
Kristen Stewart. Ian Langsdon / EPA

César glory for Stewart and Timbuktu


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Kristen Stewart on Friday became the first American ­actress to win a César, France's equivalent of the Oscar, while Timbuktu won seven awards including best film for its portrayal of northern Mali under extremist control. The Twilight star Stewart received the best supporting actress award for her role alongside Juliette Binoche in Clouds of Sils Maria. Directed by France's Olivier Assayas, the film stars Stewart as the personal assistant to an ­actress played by Binoche and the film follows their intense relationship. Timbuktu, which was screened at last year's Abu Dhabi Film Festival, is also nominated for Best Foreign Film at tonight's Oscars. Its director Abderrahmane Sissako, who became the first black African to win the best director César among the film's haul of awards, said he wanted to show the residents of the ancient city struggling to maintain their daily lives in the face of brutal rule of extremists who seized a large portion of Mali's desert in 2012. – AFP

Chance to see Oscar hopeful Wild Tales

If you missed the chance to see the Dubai ­International Film Festival audience ­favourite Wild Tales last year, you can catch the film in Dubai tomorrow and ­Tuesday – and the screenings could not be better timed, with the ­Argentinian thriller in the ­running to scoop the Best Foreign Language Film award at the Oscars tonight. ­Produced by Pedro ­Almodóvar, the offbeat black comedy is made up of six short stories linked by the theme of revenge and mixes tension and humour. Free tickets for the screenings, at Knowledge Village Conference Centre at 8pm, are available from www.thesceneclub.com. Head to www.thenational.ae/blogs/scene-heard to read our full interview with the film's director Damián Szifrón. – The National staff

Student short film festival returns

The ON: Original Narrative Student Short Film Festival has returned to the ­American University of Dubai and runs until Tuesday. Organisers promise it will be bigger and better than last year's debut edition, with 65 films by students from all around the world selected for the ­competition, from more than 400 entries. The films come from as far afield as ­Australia, Brazil and ­Denmark, and around 30 per cent are from Arabian Gulf countries, including five from AUD students. This year's ­festival is a day longer than last year's event. A new section will feature screenings of non-student films, ­including Sarah Ishaq's Oscar-­nominated short Karama Has No Walls and Georges ­Khabbaz-scripted, ­multi-­director, festival ­favourite Void. Also for this year, the festival has ­partnered with the Dubai Film and TV Commission which will be on the lookout for ­suitable AUD students to intern at the organisation. For more information, visit www.originalnarrative.com. – The National staff

Blur to make comeback at British Summer Time concert

Britpop icons Blur are back, with a big summer show and their first album in more than a decade.

They will headline a British Summer Time concert in Hyde Park on June 20, the first time they will have played together since the 2012 Olympics closing ceremony. Damon Albarn, Graham Coxon, Dave Rowntree and Alex James also said they planned to release a new album, The Magic Whipon April 27. Blur was one of the biggest British bands of the 1990s, alongside rivals Oasis. The band’s last studio album, Think Tank, was released in 2003. – AP

Bruce Jenner responsible for chain-reaction crash according to new video

Video footage shows former Olympic athlete and reality-TV star Bruce Jenner starting a chain-reaction crash that resulted in a woman’s death on a Malibu motorway, a law enforcement official said at the weekend.

Jenner was hauling an off-road vehicle on a trailer behind his Cadillac Escalade on February 7 when he steered to avoid cars slowing for a traffic light in front of him on Pacific Coast Highway, the official said

Jenner’s SUV rear-ended two cars, pushing a Lexus into oncoming traffic, the official added. The driver, Kim Howe, 69, was killed when he vehicle was struck head-on by a Hummer.

The Los Angeles Sheriff’s Department is investigating the cause of the crash and will consider whether to issue a citation that could result in criminal charges. The official said the video, was filmed by cameras on a bus.

Investigators are looking at mobile-phone records to see whether any drivers were distracted, but the video appears to show that Jenner was not using his phone. – AP

Bruce Dickinson cured of tongue cancer

Iron Maiden singer Bruce Dickinson has been treated for cancer of the tongue and hopes to be back to full fitness soon. A statement posted on the band’s official website over the weekend said a cancerous tumour was discovered during a check-up in December, and Dickinson has completed a seven-week course of chemotherapy and radiotherapy. It says the prognosis is “extremely good,” and doctors expect the singer to make a full recovery, “with the all-clear envisaged by late May.” – AP

Ben Woolf critical after accident

Ben Woolf, an actor on American Horror Story: Freak Show, was in critical condition on Friday after being hit by the side mirror of a passing vehicle in Hollywood.

The accident happened on Thursday night on Hollywood Boulevard, police Officer Drake Madison said.

Woolf, who is 4 feet 4 inches (1.3 meters) tall, was hit on the head and taken to the hospital. The motorist stopped at the scene and was not arrested.

“Ben is one of the kindest and hardest-working people I know,” publicist Zack Teperman said. “His condition remains critical at this time, and we ask that everyone please keep Ben in your thoughts and prayers, and respect his family’s privacy during this time.” . – AP

Parks and Recreation writer found dead

Harris Wittels, who worked as a writer and executive producer on the NBC comedy Parks and Recreation, was found dead of a possible drug overdose on Thursday. He was 30.

Wittels’ assistant found him at his home in the Los Feliz area around noon, and he was pronounced dead at the scene, police officer Rosario Herrera said. She said the death is being investigated as a possible drug overdose.

Wittels talked about his struggles with drug abuse in a podcast last fall.

He was a co-executive producer and writer, with occasional acting appearances, on Parks and Recreation, and his death comes just a few days before the series finale of the seven-season comedy starring Amy Poehler. – AP

Police department in Kentucky announce arrest warrant for Frozen’s Elsa

The cold might not bother Disney's Queen Elsa, but it's wreaking enough havoc in Kentucky that a police department announced a joke warrant for the popular Frozen character's arrest. Police in the small, rural town of Harlan posted a Facebook message about Elsa. They wrote: "Suspect is a blonde female last seen wearing a long blue dress and is known to burst into song `Let it Go!' As you can see by the weather she is very dangerous."

Police soon posted another message, telling residents that all kidding aside, they should take the weather seriously and be careful. A massive weather system dropped more than a foot of snow in parts of Kentucky. Bitterly cold temperatures moved in on Wednesday night and were likely to stay for several days. – AP

Wonka
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%C2%A0Paul%20King%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%C2%A0%3C%2Fstrong%3ETimothee%20Chalamet%2C%20Olivia%20Colman%2C%20Hugh%20Grant%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%202%2F5%3C%2Fp%3E%0A
Recent winners

2002 Giselle Khoury (Colombia)

2004 Nathalie Nasralla (France)

2005 Catherine Abboud (Oceania)

2007 Grace Bijjani  (Mexico)

2008 Carina El-Keddissi (Brazil)

2009 Sara Mansour (Brazil)

2010 Daniella Rahme (Australia)

2011 Maria Farah (Canada)

2012 Cynthia Moukarzel (Kuwait)

2013 Layla Yarak (Australia)              

2014 Lia Saad  (UAE)

2015 Cynthia Farah (Australia)

2016 Yosmely Massaad (Venezuela)

2017 Dima Safi (Ivory Coast)

2018 Rachel Younan (Australia)

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Mozn%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202017%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Mohammed%20Alhussein%2C%20Khaled%20Al%20Ghoneim%2C%20Abdullah%20Alsaeed%20and%20Malik%20Alyousef%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Riyadh%2C%20Saudi%20Arabia%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20FinTech%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20%2410%20million%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Raed%20Ventures%2C%20Shorooq%20Partners%2C%20VentureSouq%2C%20Sukna%20Ventures%20and%20others%3C%2Fp%3E%0A
Know your Camel lingo

The bairaq is a competition for the best herd of 50 camels, named for the banner its winner takes home

Namoos - a word of congratulations reserved for falconry competitions, camel races and camel pageants. It best translates as 'the pride of victory' - and for competitors, it is priceless

Asayel camels - sleek, short-haired hound-like racers

Majahim - chocolate-brown camels that can grow to weigh two tonnes. They were only valued for milk until camel pageantry took off in the 1990s

Millions Street - the thoroughfare where camels are led and where white 4x4s throng throughout the festival

Gulf Under 19s final

Dubai College A 50-12 Dubai College B

How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.

Ashes 2019 schedule

August 1-5: First Test, Edgbaston

August 14-18: Second Test, Lord's

August 22-26: Third Test, Headingley

September 4-8: Fourth Test, Old Trafford

September 12-16: Fifth Test, Oval

How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

What is the definition of an SME?

SMEs in the UAE are defined by the number of employees, annual turnover and sector. For example, a “small company” in the services industry has six to 50 employees with a turnover of more than Dh2 million up to Dh20m, while in the manufacturing industry the requirements are 10 to 100 employees with a turnover of more than Dh3m up to Dh50m, according to Dubai SME, an agency of the Department of Economic Development.

A “medium-sized company” can either have staff of 51 to 200 employees or 101 to 250 employees, and a turnover less than or equal to Dh200m or Dh250m, again depending on whether the business is in the trading, manufacturing or services sectors. 

UAE currency: the story behind the money in your pockets
ENGLAND TEAM

England (15-1)
George Furbank; Jonny May, Manu Tuilagi, Owen Farrell (capt), Elliot Daly; George Ford, Ben Youngs; Tom Curry, Sam Underhill, Courtney Lawes; Charlie Ewels, Maro Itoje; Kyle Sinckler, Jamie George, Joe Marler
Replacements: Luke Cowan-Dickie, Ellis Genge, Will Stuart, George Kruis, Lewis Ludlam, Willi Heinz, Ollie Devoto, Jonathan Joseph

Kanguva
Director: Siva
Stars: Suriya, Bobby Deol, Disha Patani, Yogi Babu, Redin Kingsley
Rating: 2/5
 
What the law says

Micro-retirement is not a recognised concept or employment status under Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations (as amended) (UAE Labour Law). As such, it reflects a voluntary work-life balance practice, rather than a recognised legal employment category, according to Dilini Loku, senior associate for law firm Gateley Middle East.

“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.

“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”

If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.

Our family matters legal consultant

Name: Dr Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Awar Qalb

Director: Jamal Salem

Starring: Abdulla Zaid, Joma Ali, Neven Madi and Khadija Sleiman

Two stars

Fitness problems in men's tennis

Andy Murray - hip

Novak Djokovic - elbow

Roger Federer - back

Stan Wawrinka - knee

Kei Nishikori - wrist

Marin Cilic - adductor

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)