A simple quirk of fate led the 34-year-old German artist Katharina Moeller to the UAE. The founding member of AD Arts Collective says she is grateful for the ways in which the country has inspired and contributed to her work – and even helped her heal.
How did you end up in the UAE?
Due to my husband’s work, we travel a lot, and it led us to the UAE in February 2013. It was like a rebirth for me. As an artist, I was influenced by this young and quickly evolving country, as well as its cultural and international diversity – and on a personal level, the hot climate helped me to finally recover from certain health issues.
What does art mean to you?
One could say I am a born artist – I think in pictures. Creating is just another language – call it my original mother tongue – to express my thoughts and feelings, and to tell stories and express ideas with my creations.
Why did you form AD Arts Collective?
AD Arts Collective started as a rescue mission for an almost failed art-show project in November 2014. I took over the main coordination work for one event, and since then, we have hosted several art festivals combining all kinds of visual and performance arts, as well as interactive workshops. The idea is not only to create exposure opportunities for fine artists, but also to connect creative minds in Abu Dhabi, to inspire each other and to establish a grass-roots art scene.
How do you describe your artistic style?
There certainly is a surrealistic and conceptual influence, but my work does not entirely fit into the usual art-style categories. My main focus is the meaning that I want to transport through my works.
Tell us about this meaning. Take one of your works, Selfie, as an example – what is your message there?
I drew Selfie as a self-portrait with watercolour pens on paper, and then exposed it to the UAE summer humidity instead of bleeding the colours with water as I would normally do. Giving the humidity, the opportunity to moisten the pigments also added a component of chance, because the environment controlled the outcome. This is symbolic because how we appear to others is also a result of how we shape ourselves, mixed with environmental influences. My inspiration for this piece was the excessive selfie trend. It is a statement about the need to recognise and respect a person's depth of character in a society far too focused on surface appearances.
I like your use of tree-like roots in several works, including Social Network, Same Roots and Create Your Life.
A lot of my work is about connection and growing. Connections among people, growing as a character, growing together, and characters that complement each other. The root style is just a symbolic element to underline the meaning.
Would you say, then, that drawing connections is the general source of inspiration for your work?
The source of my inspiration is mainly looking into the human psyche, group dynamics and what’s happening around the world. I want to inspire with my art and [give impulses] to think about respect, tolerance, teamwork and responsibility in creating and shaping one’s life.
You also work with sand and resin.
The sand pieces are all part of my newest work. I mixed red desert sand – sometimes added to white beach sand – with an acrylic binding agent to create the texture. Acrylic paints are then mixed into the sand or added later on the relief. It has a symbolic component to me to use sand as a medium: the sand we are walking on, the sand we will become after death, and the sand as a symbol for our planet. Also, I’m very fascinated by the UAE, so I want to include a part of it in my works.
• For more information, visit www.arsnecopinata.de or www.facebook.com/arsnecopinata.de, and to arrange a personal visit to the artist’s studio in Al Reef, Abu Dhabi, email arsnecopinata@gmx.de
aseaman@thenational.ae
UAE%20FIXTURES
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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.”
Indoor cricket in a nutshell
Indoor Cricket World Cup - Sept 16-20, Insportz, Dubai
16 Indoor cricket matches are 16 overs per side
8 There are eight players per team
9 There have been nine Indoor Cricket World Cups for men. Australia have won every one.
5 Five runs are deducted from the score when a wickets falls
4 Batsmen bat in pairs, facing four overs per partnership
Scoring In indoor cricket, runs are scored by way of both physical and bonus runs. Physical runs are scored by both batsmen completing a run from one crease to the other. Bonus runs are scored when the ball hits a net in different zones, but only when at least one physical run is score.
Zones
A Front net, behind the striker and wicketkeeper: 0 runs
B Side nets, between the striker and halfway down the pitch: 1 run
C Side nets between halfway and the bowlers end: 2 runs
D Back net: 4 runs on the bounce, 6 runs on the full
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MISSION: IMPOSSIBLE – FINAL RECKONING
Director: Christopher McQuarrie
Starring: Tom Cruise, Hayley Atwell, Simon Pegg
Rating: 4/5
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.
The specs
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Torque: 850Nm
Transmission: Single-speed automatic
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