From a sparse, sandy landscape dotted with hardy desert shrubs rises a giant billboard structure, stripped of its former garish advertising campaigns. In the background stands a partly constructed building and, of course, a crane. For many Dubai residents, this type of vista became such a common sight during the murky years of the global financial crisis that they wouldn't have given it a second glance.
But captured by the lens of German photographer Tor Seidel, the image framed and hung on the wall as part of his exhibition Just a Look at XVA Gallery, it is certainly a cause for reflection.
“The empty billboard is a really a good metaphor to capture the atmosphere of this city during the financial crisis,” says Seidel. “The advertisements that had been there showing renderings of an ideal city completely stopped, leaving an empty, almost surrealistic space for people to think about what it means and the illusion behind the facade.”
Emptiness is a key component of many of the images that are on show in the exhibition. They are all taken from Seidel's book, The Dubai, published by Hatje Cantz, which offers a fascinating perspective on the city as seen through his observant, critical and often humorous viewpoint.
In one image, of the massive interchange on Sheikh Zayed Road next to the Burj Khalifa, Seidel used a long exposure to create the illusion that the roads are empty. This photographic trick highlights the orange-yellow glow, as well as the seemingly impossible configuration of the road structure.
“This one, for me, is the best example of how Dubai works,” says Seidel. “When you first come to the city you are confused and you don’t know where to go or how it works, but there is a warm character to the place that attracts you to it.”
All of the images in the show were taken between 2008 and 2014. They are certainly impressive, digitally reworked, with each containing between 20 and 40 separate photographs, but they are more than just photojournalistic frames. They are an artistic examination of the visual aesthetics of the city and, as such, trigger critical discussion into the many aspects of this rapidly developing and unashamedly ambitious city.
An enormous image of the model for the Dubailand leisure development is one of the highlights of the show. Taken without any context to indicate that it is just a model, it looks like an aerial view of a fantasy world – kind of like Oz-meets-Willy Wonka’s Chocolate Factory. Seidel laughs at my observation.
“Well, in a way, Dubai is a fairy tale,” he says.
This is a message underscored by the fact that the giant model, measuring 7 metres x 12 metres, has yet to be translated into reality, even though the project was first announced in 2003.
Seidel’s body of work takes a slice of Dubai’s archaeological and social history and presents it in a subtle but highly self-conscious way. For many residents of the city, it will appeal to an undercurrent of awareness that most of us have experienced – which makes it a successful art project.
“Many of my images are like questions,” he says. “They have their own mind and, for the viewer, if he spends time with them he, too, starts to ask questions.”
Also part of the show are four images from an in-progress upcoming book that looks beyond Dubai to the UAE as a whole. They are of the same style as the others but more tongue-in-cheek and cannot help but make you smile.
The arctic scene from the entrance to Ras Al Khaimah’s IceLand features in one. In another, a model stands in front of a thick plume of dark smoke rising from behind the Fujairah mountains. Dubai has not been abandoned, however. It is represented in the new images by a bizarre angular, uninhabited villa in Al Quoz, and the only part of Dubailand that was built – the entrance – which includes a model rollercoaster, a skier and a racing car.
“The [upcoming] book does not have the documentary character like my Dubai book, they are more strange, or uncommon images from across the country,” says Seidel. “I want to interrupt my viewer through staged photographs.”
• Just a Look by Tor Seidel runs until October 4 at XVA Gallery in Dubai. For more details, visit www.xvagallery.com.
aseaman@thenational.ae
Company profile
Name: Thndr
Started: October 2020
Founders: Ahmad Hammouda and Seif Amr
Based: Cairo, Egypt
Sector: FinTech
Initial investment: pre-seed of $800,000
Funding stage: series A; $20 million
Investors: Tiger Global, Beco Capital, Prosus Ventures, Y Combinator, Global Ventures, Abdul Latif Jameel, Endure Capital, 4DX Ventures, Plus VC, Rabacap and MSA Capital
The biog
Favourite hobby: taking his rescue dog, Sally, for long walks.
Favourite book: anything by Stephen King, although he said the films rarely match the quality of the books
Favourite film: The Shawshank Redemption stands out as his favourite movie, a classic King novella
Favourite music: “I have a wide and varied music taste, so it would be unfair to pick a single song from blues to rock as a favourite"
NO OTHER LAND
Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal
Stars: Basel Adra, Yuval Abraham
Rating: 3.5/5
Electric scooters: some rules to remember
- Riders must be 14-years-old or over
- Wear a protective helmet
- Park the electric scooter in designated parking lots (if any)
- Do not leave electric scooter in locations that obstruct traffic or pedestrians
- Solo riders only, no passengers allowed
- Do not drive outside designated lanes
57%20Seconds
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MOUNTAINHEAD REVIEW
Starring: Ramy Youssef, Steve Carell, Jason Schwartzman
Director: Jesse Armstrong
Rating: 3.5/5
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.”
UAE currency: the story behind the money in your pockets
Company%C2%A0profile
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Dust and sand storms compared
Sand storm
- Particle size: Larger, heavier sand grains
- Visibility: Often dramatic with thick "walls" of sand
- Duration: Short-lived, typically localised
- Travel distance: Limited
- Source: Open desert areas with strong winds
Dust storm
- Particle size: Much finer, lightweight particles
- Visibility: Hazy skies but less intense
- Duration: Can linger for days
- Travel distance: Long-range, up to thousands of kilometres
- Source: Can be carried from distant regions
COMPANY%20PROFILE
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Harry%20%26%20Meghan
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Our legal consultants
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
First Person
Richard Flanagan
Chatto & Windus
'Avengers: Infinity War'
Dir: The Russo Brothers
Starring: Chris Evans, Chris Pratt, Tom Holland, Robert Downey Junior, Scarlett Johansson, Elizabeth Olsen
Four stars