In what could be seen as the latest sign of the growing status of the Middle East fashion industry, an Arabic-language version of the popular American reality-TV competition Project Runway begins this month.
It is joining 26 international versions of the programme that have been launched since the US original began in 2004.
In fact, MBC's Project Runway Middle East is the second regional attempt to adapt the show – the first was El Musamim El Arabi (The Arab Designer), which ran for two seasons on Future TV in 2006 and 2007.
This new show, however, is being produced in collaboration with renowned Lebanese designer Elie Saab, and will remain more true to the original show’s format.
Saab was present at a special launch event at Dubai Design District on Sunday night, which was hosted by MBC Group’s official spokesman Mazen Hayek.
Though notorious for avoiding the spotlight, Saab says he was happy to become involved with the show, given the importance he places on nurturing young Arab talent and helping talented designers launch a career in fashion.
“Of course talent is important, but what’s more important is how to direct it,” says Saab. “I’d love to try this in every Arab city. I have always wanted to share my success and experience with others and I have a lot of faith in the young designers of this region.
“I want others to reach my success, but why not with support rather than go it alone.”
The show will potentially change the lives of the contestants – but, says Saab, it will do much more than that.
“This show will enter every Arab home thanks to MBC’s outreach,” he says, “and the real participants are the ones at home, watching – the ones who don’t want to take part in this programme and this competition but will be inspired and might take a step forward in the world of fashion. This is for them.”
The judges
Saab is the show's head judge, assisted by Tunisian fashion icon, actress and television presenter Afef Jnifen. Each episode will also feature a celebrity guest judge, including Lebanese singers Haifa Wehbe, Nancy Ajram and Elissa, Egyptian actress Yousra, American model and actress Milla Jovovich, German model Toni Garrn, Kuwaiti actress and director Haya Abdulsalam, Syrian actress Sulafa Memar, Egyptian TV presenter Wafaa Al Kilani, and former editor-in-chief of Vogue Paris Carine Roitfeld.
In the event of a tie between Saab and Jnifen when choosing who to eliminate at the end of an episode, the guest judge will have the deciding vote.
The hosts
Australian-Lebanese model Jessica Kahawaty will step into the shoes of Heidi Klum, host of the American version, to present the regional edition.
The former Miss Australia, and Miss World 2012 runner-up, has modelled for some of the world’s most prestigious luxury fashion brands.
“It’s an honour to be able to use my background and experience in the world of fashion to help and guide the contestants and take part in this exciting chapter of their lives,” she says.
Saudi Arabian creative expert Faris Al Shehri – who has launched companies in his home country to promote art, design and fashion, and to create a platform for local and international talents – will support and mentor the participants as they take on weekly fashion challenges.
The format
The aim of every version of Project Runway is to discover and develop a new generation of young designers.
Contestants will compete to create the best designs they can, in a limited amount of time and using selected materials based on a theme that changes with every episode. Their designs are reviewed by the judges, and every week one designer is eliminated.
"Filming the show has been a very positive, professional experience," says Jnifen. "I was quite surprised with the production of the show and how well it can compete internationally with the Project Runway brand as a whole."
Season one of Project Runway ME will run for 13 weeks. The first 12 episodes have been pre-recorded in Beirut and the finale will be broadcast live on December 10 from Dubai Design District.
The contestants
Fifteen would-be designers – six men and nine women – will compete in the debut season. Some have a fashion background, others have none.
“Some of them didn’t even know how to sew and had to learn as they went,” says Saab.
The participants are: Alia Nahas, Mohanad Kojak and Amna El Shandaweely from Egypt; Luma Saleh, Alaa Najd and Maroun Issa from Lebanon; Fatima Al Najdi from Kuwait; Heba Mojaddidi from Saudi Arabia; Ilham Aitsil from Morocco; Issa Hesso from Syria; Lucy Fadel from Jordan; Rayan Atlas from Algeria; Saba Tark from Iraq; Selim Chebil from Tunisia; and Taghreed Al Arrayed from Bahrain.
The prize
The winner will receive a one-year contract to develop their own fashion house at Dubai Design District, a one-year membership to the Dubai Design and Fashion Council, and US$50,000 (Dh183,650) from Maybelline New York.
The winning design will also appear on the cover of Harper's Bazaar Arabia magazine in January, and the winning designer is guaranteed weekly coverage by Laha magazine for a year.
Season one of Project Runway ME begins at 10pm on Saturday, September 17 on MBC4 and MBC Masr, and continues every Saturday. Episodes will also be available to stream on www.shahid.net after their first broadcast
� artslife@thenational.ae
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.”
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Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
Round 3: February 7-9, Dubai Autodrome – Dubai
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
North Pole stats
Distance covered: 160km
Temperature: -40°C
Weight of equipment: 45kg
Altitude (metres above sea level): 0
Terrain: Ice rock
South Pole stats
Distance covered: 130km
Temperature: -50°C
Weight of equipment: 50kg
Altitude (metres above sea level): 3,300
Terrain: Flat ice
From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
RESULTS
5pm: Maiden (PA) Dh80,000 1,600m
Winner: Omania, Saif Al Balushi (jockey), Ibrahim Al Hadhrami (trainer)
5.30pm: Conditions (PA) Dh85,000 1,600m
Winner: Brehaan, Richard Mullen, Ana Mendez
6pm: Handicap (TB) Dh100,000 1,600m
Winner: Craving, Connor Beasley, Simon Crisford
6.30pm: The President’s Cup Prep (PA) Dh100,000 2,200m
Winner: Rmmas, Tadhg O’Shea, Jean de Roualle
7pm: Wathba Stallions Cup (PA) Dh70,000 1,200m
Winner: Dahess D’Arabie, Connor Beasley, Helal Al Alawi
7.30pm: Handicap (PA) Dh80,000 1,400m
Winner: Fertile De Croate, Sam Hitchcott, Ibrahim Aseel
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
Killing of Qassem Suleimani
Rock in a Hard Place: Music and Mayhem in the Middle East
Orlando Crowcroft
Zed Books
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A MINECRAFT MOVIE
Director: Jared Hess
Starring: Jack Black, Jennifer Coolidge, Jason Momoa
Rating: 3/5
Our legal columnist
Name: Yousef Al Bahar
Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994
Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers
The National's picks
4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young
The specs
AT4 Ultimate, as tested
Engine: 6.2-litre V8
Power: 420hp
Torque: 623Nm
Transmission: 10-speed automatic
Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)
On sale: Now
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Skewed figures
In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458.
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