Swedish House Mafia's Axwell at TomorrowWorld Electronic Music Festival in September. Jeff Kravitz / FilmMagic / Getty Images
Swedish House Mafia's Axwell at TomorrowWorld Electronic Music Festival in September. Jeff Kravitz / FilmMagic / Getty Images
Swedish House Mafia's Axwell at TomorrowWorld Electronic Music Festival in September. Jeff Kravitz / FilmMagic / Getty Images
Swedish House Mafia's Axwell at TomorrowWorld Electronic Music Festival in September. Jeff Kravitz / FilmMagic / Getty Images

DIFF announces 16 projects for regional filmmakers


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Swedish House mafia's DJ Axwell will headline the Sandance line-up at Atlantis, The Palm, in Dubai on December 31. The four-time Grammy-nominated producer and remix star is behind dance music's most recent smash hits, including Don't You Worry Child (featuring John Martin), Save the World and In My Mind. Both his 2013 singles Center of the Universe and the latest release I Am also went straight to No 1 on Beatport. Axwell will be joined by other top acts that will be announced at Sandance on Friday. Tickets cost from Dh395 from www.timeouttickets.com. – The National staff

Kareena is surprised that her movies with Saif flopped

The Bollywood star Kareena Kapoor said she was surprised that her movies with her husband Saif Ali Khan had failed to make waves at the box office. The actress, who was in Indore to promote her forthcoming movie Gori Tere Pyaar Mein, said she had no problems with it, as Saif Ali Khan was her hero in real life. Kapoor told reporters that she hoped that this would not lead to any change in her life. She said that in the 1990s, lead actresses were not given roles they can get today and added that although male actors dominate the film industry, the types of roles actresses choose depends on themselves. Gori Tere Pyaar Mein is out in the UAE on November 21. — IANS

Violence in PG-13 films has tripled since 1985, says study

Gun violence in PG-13 movies has more than tripled since 1985, the first year that the rating went into effect, a team of researchers claims in a study published on Monday in the journal Pediatrics. Apparently, PG-13 movies feature more gun violence than their R-rated counterparts, which are aimed at more mature audiences, the study by researchers at the Annenberg Public Policy Center and Ohio State University found. “Even if youth do not use guns, the current research suggests that because of the increasing popularity of PG-13 rated films, youth are exposed to considerable gun violence in movie scripts. The mere presence of guns in these films may increase the aggressive behaviour of youth,” the study said. — The National staff

Priyanka Chopra: I share the same story as Mary Kom

The actress Priyanka Chopra, who is playing the five-time world boxing champion Mary Kom in a forthcoming biopic, says she shares a slice of life with the legendary sportswoman, reported DNA. “Her story is the same as that of mine. I, too, struggled when I came in the industry and cried alone. It is basically the story of every girl who has a dream,” Chopra said. The film is about Kom, who was born to landless farmers in Manipur and rose to make her mark as a boxer. “What fascinates me about her is that I wanted to tell the story of the real Mary Kom,” the actress said, adding that the story about a female sportswoman has never been told through film in India. — The National staff

How Voiss turns words to speech

The device has a screen reader or software that monitors what happens on the screen

The screen reader sends the text to the speech synthesiser

This converts to audio whatever it receives from screen reader, so the person can hear what is happening on the screen

A VOISS computer costs between $200 and $250 depending on memory card capacity that ranges from 32GB to 128GB

The speech synthesisers VOISS develops are free

Subsequent computer versions will include improvements such as wireless keyboards

Arabic voice in affordable talking computer to be added next year to English, Portuguese, and Spanish synthesiser

Partnerships planned during Expo 2020 Dubai to add more languages

At least 2.2 billion people globally have a vision impairment or blindness

More than 90 per cent live in developing countries

The Long-term aim of VOISS to reach the technology to people in poor countries with workshops that teach them to build their own device

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.”

Honeymoonish
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WORLD CUP SEMI-FINALS

England v New Zealand (Saturday, 12pm)

Wales v South Africa (Sunday, 1pm)

World Cricket League Division 2

In Windhoek, Namibia - Top two teams qualify for the World Cup Qualifier in Zimbabwe, which starts on March 4.

UAE fixtures

Thursday, February 8 v Kenya; Friday, February v Canada; Sunday, February 11 v Nepal; Monday, February 12 v Oman; Wednesday, February 14 v Namibia; Thursday, February 15 final

The bio:

Favourite film:

Declan: It was The Commitments but now it’s Bohemian Rhapsody.

Heidi: The Long Kiss Goodnight.

Favourite holiday destination:

Declan: Las Vegas but I also love getting home to Ireland and seeing everyone back home.

Heidi: Australia but my dream destination would be to go to Cuba.

Favourite pastime:

Declan: I love brunching and socializing. Just basically having the craic.

Heidi: Paddleboarding and swimming.

Personal motto:

Declan: Take chances.

Heidi: Live, love, laugh and have no regrets.

 

Race card

6.30pm: Emirates Holidays Maiden (TB), Dh82,500 (Dirt), 1,900m
7.05pm: Arabian Adventures Maiden (TB), Dh82,500 (D), 1,200m
7.40pm: Emirates Skywards Handicap (TB), Dh82,500 (D), 1,200m
8.15pm: Emirates Airline Conditions (TB), Dh120,000 (D), 1,400m
8.50pm: Emirates Sky Cargo (TB), Dh92,500 (D)1,400m
9.15pm: Emirates.com (TB), Dh95,000 (D), 2,000m

Dubai Bling season three

Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed 

Rating: 1/5

SPECS
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Cricket World Cup League Two

Oman, UAE, Namibia

Al Amerat, Muscat

 

Results

Oman beat UAE by five wickets

UAE beat Namibia by eight runs

 

Fixtures

Wednesday January 8 –Oman v Namibia

Thursday January 9 – Oman v UAE

Saturday January 11 – UAE v Namibia

Sunday January 12 – Oman v Namibia

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

Uefa Nations League: How it works

The Uefa Nations League, introduced last year, has reached its final stage, to be played over five days in northern Portugal. The format of its closing tournament is compact, spread over two semi-finals, with the first, Portugal versus Switzerland in Porto on Wednesday evening, and the second, England against the Netherlands, in Guimaraes, on Thursday.

The winners of each semi will then meet at Porto’s Dragao stadium on Sunday, with the losing semi-finalists contesting a third-place play-off in Guimaraes earlier that day.

Qualifying for the final stage was via League A of the inaugural Nations League, in which the top 12 European countries according to Uefa's co-efficient seeding system were divided into four groups, the teams playing each other twice between September and November. Portugal, who finished above Italy and Poland, successfully bid to host the finals.

Match info

UAE v Bolivia, Friday, 6.25pm, Maktoum bin Rashid Stadium, Dubai

Ferrari
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ABU DHABI T10: DAY TWO

Bangla Tigers v Deccan Gladiators (3.30pm)

Delhi Bulls v Karnataka Tuskers (5.45pm)

Northern Warriors v Qalandars (8.00pm)