Holly to Bolly: Japanese Ani:Me event in Abu Dhabi, Kamal Haasan honoured with French award, and more



Japanese Ani:Me event in Abu Dhabi

Ani:Me, a three-day celebration of Japanese pop culture, will take place in Abu Dhabi over the weekend of October 27 to 29. The new event promises to bring a mix of anime (Japanese animation), manga (comics), film, music, games, fashion and food to Yas Island. The convention is being organised by events company Alliance LLC – founders of Dubai's Middle East Film and Comic Con, and Games Middle East – targeting fans of Japanese pop culture in the capital for the first time. The weekend promises live music from celebrated "J-pop" bands and acts familiar for their "anisongs" (songs featured in anime), as well as appearances from celebrated anime and manga creators, voice artists, cosplayers and video gamers. More traditional Japanese culture will be represented with exhibits devoted to calligraphy, traditional sword fighting and art. A Japan Culture Village will offer amezaiku candy-making workshops and live demonstrations of Japanese fashions, traditional and contemporary cuisine and authentic handicrafts. In March, Yas Island played host to a worldwide celebration of Korean culture, Kcon, which was originally founded in the United States. The same weekend as Ani:Me, another celebration of Japanese pop culture, PopCon, is scheduled to take place at Dubai Outlet Mall. Unlike PopCon, which originated in Manila last year, Ani:Me is a new, locally founded concept. Full details of guests and exhibits, as well as ticketing information, is expected to be announced in coming weeks. Visit www.animeabudhabi.com for more. – The National Staff

Kamal Haasan honoured with French award

Indian actor and filmmaker Kamal Haasan will be honoured by France with one of the country’s highest honours, the Chevalier de L’Ordre Arts et Letters (The Knight of the Order of Arts and Letters). “The distinction, which is yet another laurel for the actor, is in recognition of his high level of artistic excellence and his distinguished career achievements,” according to a statement from Haasan. The award, which will be presented during an upcoming ceremony, was established “to recognise eminent artists and writers, as well as people who have contributed significantly to furthering the arts in France and throughout the world”. Hassan released an audio message in which he said: “I dedicate this award to my admirers and audience, who give me the tenacity of purpose to pursue to this day my arts and letters.” Other Indian recipients of the award include late Tamil actor Sivaji Ganeshan, Amitabh Bachchan, Aishwarya Rai Bachchan, Nandita Das and Shah Rukh Khan. – IANS

Pills at Prince’s home contained fentanyl

Some of the pills taken from Prince’s estate in Paisley Park after his death were counterfeit drugs that contained fentanyl – a synthetic opioid 50 times more powerful than heroin. An official close to the investigation said nearly two dozen pills found in one bottle were falsely labelled as “Watson 385”. According to Drugs.com, that stamp is used to identify pills containing a mix of acetaminophen and hydrocodone, but the official said at least one of the pills tested positive for fentanyl. Post-mortem results released in June revealed Prince died on April 21 of an accidental fentanyl overdose. The official said records showed that 57-year-old Prince had no prescriptions for any controlled substances in the state of Minnesota in the 12 months before he died. About a dozen tablets were found in a dressing room at Paisley Park, but the vast majority was in bottles of aspirin and vitamin C that had been tucked inside a suitcase and bags – including one Prince often carried with him. Some pills were also found loose in the bag, the official said. Authorities are still investigating how Prince obtained the drugs. – AP

3 Doors Down founder Matt Roberts dies

Guitarist Matt Roberts, a founding member of the rock band 3 Doors Down, has died in Wisconsin. The 38-year-old was in West Bend to perform at a benefit gig. The West Bend Police Department said someone called authorities at about 7am on Saturday to report an unconscious man in a hotel hallway. Police and firefighters found Roberts already dead. There were no signs of trauma and the cause of death is as yet unknown. A post mortem is scheduled for Sunday, August 28. Roberts left 3 Doors Down in May 2012 for health reasons, less than a year before the band headlined the Dubai Jazz Festival in February the following year. Roberts formed the band in 1996 with fellow Mississippi natives vocalist Brad Arnold and bassist Todd Harrell. Their biggest hit was the 2000 song Kryptonite, which was nominated for a Grammy Award. – AP

Regina Cassandra’s heart is in the south

Tamil-Telugu film actress Regina Cassandra, who will make her Hindi-movie debut in the thriller Aankhen 2, says she cannot imagine trading Bollywood fame for her roots in the southern movie industry. "I will definitely make time for both," she said. "I don't think I can leave the south industry for good. It's where I'm from. I might branch out into different places, but I'll always have my roots here." The 27-year-old was dazzled by her Bollywood co-stars in the upcoming sequel, directed by Anees Bazmee, but felt she could not turn down the role. "Your destiny has already been chosen for you," she said. "I did get a few offers in Hindi cinema before. Somehow it didn't feel right. Maybe the time was not right or maybe it was just me. I wasn't ready. Aankhen 2 happened very organically. You can say it just happened, much to my surprise." – IANS

The years Ramadan fell in May

1987

1954

1921

1888

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.

ONCE UPON A TIME IN GAZA

Starring: Nader Abd Alhay, Majd Eid, Ramzi Maqdisi

Directors: Tarzan and Arab Nasser

Rating: 4.5/5

UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
MISSION: IMPOSSIBLE – FINAL RECKONING

Director: Christopher McQuarrie

Starring: Tom Cruise, Hayley Atwell, Simon Pegg

Rating: 4/5

The%20specs
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Naga
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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.”

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
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UK's plans to cut net migration

Under the UK government’s proposals, migrants will have to spend 10 years in the UK before being able to apply for citizenship.

Skilled worker visas will require a university degree, and there will be tighter restrictions on recruitment for jobs with skills shortages.

But what are described as "high-contributing" individuals such as doctors and nurses could be fast-tracked through the system.

Language requirements will be increased for all immigration routes to ensure a higher level of English.

Rules will also be laid out for adult dependants, meaning they will have to demonstrate a basic understanding of the language.

The plans also call for stricter tests for colleges and universities offering places to foreign students and a reduction in the time graduates can remain in the UK after their studies from two years to 18 months.

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WHEN TO GO:

September to November or March to May; this is when visitors are most likely to see what they’ve come for.

WHERE TO STAY:

Meghauli Serai, A Taj Safari - Chitwan National Park resort (tajhotels.com) is a one-hour drive from Bharatpur Airport with stays costing from Dh1,396 per night, including taxes and breakfast. Return airport transfers cost from Dh661.

HOW TO GET THERE:

Etihad Airways regularly flies from Abu Dhabi to Kathmandu from around Dh1,500 per person return, including taxes. Buddha Air (buddhaair.com) and Yeti Airlines (yetiairlines.com) fly from Kathmandu to Bharatpur several times a day from about Dh660 return and the flight takes just 20 minutes. Driving is possible but the roads are hilly which means it will take you five or six hours to travel 148 kilometres.

House-hunting

Top 10 locations for inquiries from US house hunters, according to Rightmove

  1. Edinburgh, Scotland 
  2. Westminster, London 
  3. Camden, London 
  4. Glasgow, Scotland 
  5. Islington, London 
  6. Kensington and Chelsea, London 
  7. Highlands, Scotland 
  8. Argyll and Bute, Scotland 
  9. Fife, Scotland 
  10. Tower Hamlets, London 

 

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At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

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 Settlers

Director: Louis Theroux

Starring: Daniella Weiss, Ari Abramowitz

Rating: 5/5

'My Son'

Director: Christian Carion

Starring: James McAvoy, Claire Foy, Tom Cullen, Gary Lewis

Rating: 2/5

The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

COMPANY PROFILE
Name: Airev
Started: September 2023
Founder: Muhammad Khalid
Based: Abu Dhabi
Sector: Generative AI
Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
Current number of staff: 47
 
Election pledges on migration

CDU: "Now is the time to control the German borders and enforce strict border rejections" 

SPD: "Border closures and blanket rejections at internal borders contradict the spirit of a common area of freedom"