Custom portrait basics


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There was a time when having art commissioned for you either indicated your rank in Debrett's Peerage or your role as muse to Francis Bacon. Not so these days. It seems that having customised portraits is not so much de rigueur as yet another sign of our self confidently strident egotism. Take, for example, the rise in the number of portrait photography studios in the UAE. This week I've been sent three links to check websites should I want a Mario Testino-style black and white image of myself to adorn my home. I'm trying not to bow to pressure but I question whether the need for a huge canvas of one's family in the living room does not in fact underline our obsession with celebrity. Are celluloid images surpassing the world of canvasses? After all, the bidding war and ultimate sale of images of the twins Knox and Vivienne Jolie-Pitt equalled that of a minor Picasso and surpassed some of art's greatest masters. For the US$14 million (Dh51 million) reportedly spent, one could do rather well at Christies.

Walk into any villa in a gated community and you'll probably be confronted with a family photographed in artfully casual gear which looks more like an advert for Gap than a token of family affection. These photographs seem to scream "Don't we have it all?" (And invariably it seems that they do). The house, the family and now the famous photograph which is framed, signed and often worth up to, or over, Dh45,000. Possibly more tasteful than the old masters style portrait photos which are often for sale in shopping centres, the family group portrait seems to underscore a need in society to be someone and reiterates that we have not progressed that far from the era of the stately home gallery.

Another way to reinforce this is to go the Pop Art route, where for a few thousand dirhams you can commission your own faux Warhol portrait or Lichtenstein canvas. I had thought of getting something from the local art wizard Nora Badanian, whose work combines some witty takes on Pop Art themes with corporate and personal commissions. What has stopped me is deciding how I wanted to be portrayed - after all art is forever.

In addition, there are the myriad websites which offer art to go with your home decor. In essence, it's the sort of colour matching service which some people mistake for real taste. Art should never match your sofa. If it does, then you are probably living in a hotel-like environment where bland is the overriding ethos and personality is destroyed. So how should you avoid some basic pitfalls? If you do want to commission some work, firstly it's best to know the artist concerned and meet before the project starts. Check their credentials and if you want to get advice go to a recognised gallery and get some recommendations. The Majlis Gallery in Dubai is a good place to start as it represents many artists who offer this sort of service. Once you've met the artist, he or she should get to know you and hopefully take a detailed brief of your tastes and expectations. Next, you should have in mind what you want - whether it's an abstract representation of an emotion, a more straightforward portrait, a sentimental gift for a loved one or a favourite landscape. (If you have any tear sheets or clippings to show the artist, even better). Then decide on the size and budget and ask to see the work as it takes shape. You won't be getting a bargain; this kind of work takes time, so being in control of how your work turns out is your right, not a privilege. Lastly, don't make the mistake of framing the portrait poorly. Nothing is worse than an overly decorative frame or setting which detracts from the actual image.

The rules on fostering in the UAE

A foster couple or family must:

  • be Muslim, Emirati and be residing in the UAE
  • not be younger than 25 years old
  • not have been convicted of offences or crimes involving moral turpitude
  • be free of infectious diseases or psychological and mental disorders
  • have the ability to support its members and the foster child financially
  • undertake to treat and raise the child in a proper manner and take care of his or her health and well-being
  • A single, divorced or widowed Muslim Emirati female, residing in the UAE may apply to foster a child if she is at least 30 years old and able to support the child financially
The specs

Engine: 2.2-litre, turbodiesel

Transmission: 6-speed auto

Power: 160hp

Torque: 385Nm

Price: Dh116,900

On sale: now

How does ToTok work?

The calling app is available to download on Google Play and Apple App Store

To successfully install ToTok, users are asked to enter their phone number and then create a nickname.

The app then gives users the option add their existing phone contacts, allowing them to immediately contact people also using the application by video or voice call or via message.

Users can also invite other contacts to download ToTok to allow them to make contact through the app.

 

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.”

The specs: 2018 Ducati SuperSport S

Price, base / as tested: Dh74,900 / Dh85,900

Engine: 937cc

Transmission: Six-speed gearbox

Power: 110hp @ 9,000rpm

Torque: 93Nm @ 6,500rpm

Fuel economy, combined: 5.9L / 100km

MWTC info

Tickets to the MWTC range from Dh100 and can be purchased from www.ticketmaster.ae or by calling 800 86 823 from within the UAE or 971 4 366 2289 from outside the country and all Virgin Megastores. Fans looking to attend all three days of the MWTC can avail of a special 20 percent discount on ticket prices.

Citadel: Honey Bunny first episode

Directors: Raj & DK

Stars: Varun Dhawan, Samantha Ruth Prabhu, Kashvi Majmundar, Kay Kay Menon

Rating: 4/5

T20 World Cup Qualifier

Final: Netherlands beat PNG by seven wickets

Qualified teams

1. Netherlands
2. PNG
3. Ireland
4. Namibia
5. Scotland
6. Oman

T20 World Cup 2020, Australia

Group A: Sri Lanka, PNG, Ireland, Oman
Group B: Bangladesh, Netherlands, Namibia, Scotland