Tears of Gaza charts the Israeli bombing campaign of 2008-2009 as experienced in the daily lives of children caught up in the conflict.
Tears of Gaza charts the Israeli bombing campaign of 2008-2009 as experienced in the daily lives of children caught up in the conflict.

In the light of events: London Palestine Film Festival round-up



The timing of the first weekend of the London Palestinian Film Festival could not have been more of a challenge for the programmers. The opening gala Zindeeq sold out, despite competition from the royal wedding taking place that morning and unseasonal good weather. Then on Monday morning the world awoke to the news that Osama bin Laden had been killed.

The "war on terror" was making headlines again, and the pertinent questions that were features of the films showing on the first weekend of the festival were given a stark and real context. Indeed, reports that the al Qa'eda leader's teenage daughter had witnessed his death gave a certain unplanned resonance to two films about the offspring of infamous militants, Children of the Revolution and This is My Picture when I was Dead.

The opening gala was the UK premiere of the 2009 Dubai Film Festival award-winner Zindeeq. It tells the story of a European-based Palestinian filmmaker who goes to Palestine to work on a documentary based on eyewitness accounts of the 1948 expulsions. On arrival, the filmmaker – known only as M – receives a call from his sister in Nazareth telling him that his nephew has killed a man during a scuffle and that he and his whole family are now in danger. Though warned to stay away from Nazareth, he cannot resist the pull and, refused hotel rooms, wanders around waiting for dawn with memories ­stirring.

The director, Michel Khleifi, came in for the screening from his Brussels home and took part in a lively discussion at the Barbican, one of festival’s three venues – the other two, SOAS and the Darwin Theatre, were holding pay-what-you-can screenings as the festival continued to attract audiences in its 11th year.

Khleifi told me the next day he did not feel that living outside the Middle East meant that he understood life in Palestine any less. Explaining why he felt it was time to revisit 1948, he said: “There have been how many years since ’48? Sixty-three. It’s time to start to reflect on it and we have to do that as a people, we have to have the distance to look and so to work for the future.”

The principal protagonist appears to wander around like a lost soul, but Khleifi corrected this impression by stating: “No, he’s not lost. He knows what he wants; it’s the world which is difficult.”

The film builds on Khleifi’s impressive body of work. A past winner of an award at Cannes, the director has used footage from his previous films and mixed them into the narrative. As such the film is not just the past, present and future of Palestine but also about the filmmaker himself.

Nowhere is the cycle of life more apparent than in the documentaries Children of the Revolution and This is My Picture when I was Dead. Directed by the Irish filmmaker Shane O'Sullivan, Children of the Revolution seems on paper to be a strange fit for a festival about Palestine. That's because it's about the daughters of two of the most notorious female militants in history, Ulrike Meinhoff of the German Red Army Faction and Fusako Shigenobu of the Japanese Red Army.

Each daughter tells her own story and each focuses heavily on the relationship that her parents had with Palestine. Bettina Rohl was 13 when her mother committed suicide in a German prison, but before her death the radical journalist and intellectual wanted to send her daughter to the Middle East to train for the revolution. Rohl’s position on the Middle East is one of fear and bewilderment.

Contrast this with Mei Shigenobu, who grew up in the Middle East in an Arab family after her mother was involved in planning the 1972 attack on Tel Aviv’s Lod – now Ben Gurion – airport, organised by the Japanese Red Army in support of the Palestinian cause. She went to the American University in Lebanon, but remained stateless until 2001, when she returned to Japan and received Japanese citizenship.

Both of these women now work as journalists in their own countries where they comment on politics. Articulate and engaging, the film mixes in archive footage and jumps between both stories to give an intriguing account of four women. There have been many films about the Baader-Meinhof gang in recent years, but this is one of the best.

Unfortunately, This is My Picture when I was Dead is not so successful. The film, directed by Mahmoud Al Massad, is about Bashir Mammon Mraish who was aged four in 1983 when his father, Mamoun Mraish, a senior member of the Palestine Liberation Organisation, was assassinated in an attack on the car in which they were driving through Athens. It was announced that Bashir had died at the scene too, but later an alert doctor discovered that his heart was still beating.

The film follows Mraish around Amman as he tries to understand the politics of his father, what his impact was on the Palestinian movement today and whether the movement will ever be able to achieve its goals. Unfortunately, his father’s name seems to be his only qualification for making such pronouncements and he doesn’t seem to be cut out to be an investigative journalist.

It says much about the difficulty of distribution and getting hard-hitting political films into film festivals that two excellent documentaries on the Middle East conflict, Tears of Gaza and Rachel are only just now making their UK debuts. Viebeke Lokkerberg's Tears of Gaza, which had its Middle East premiere at the Abu Dhabi Film Festival in 2010, features no-holds-barred footage of the 2008-2009 bombing of Gaza by Israel. Rachel, directed by Simone Britton, is about the death of the US activist Rachel Corrie while trying to stop an Israeli bulldozer in Gaza in 2003.

One feature with a great concept that does not deliver on its promise is Fix by Raed Andoni, in which he plays a Palestinian who wants to receive treatment for what he describes as a tension headache. So he goes to therapy and the movie follows him through 20 sessions as he reveals just why as a Palestinian he can never relax. Perhaps five sessions would have been enough.

It was testament to the strength of the festival, which concluded yesterday, that so many directors and speakers were in attendance. And it wasn’t just films. There was also a dabka folk dance workshop at the Palestinian School and at the Barbican there was an exhibition of photographs by JC Tordai that consisted of a series of monochrome prints spanning three decades of reportage from across Palestine.

There was also a screening of the restored print of Far from Vietnam (Loin du Vietnam) a portmanteau film about war and politics featuring the talents of Jean-Luc Godard, Agnes Varda, William Klein, Alain Resnais and Claude Lelouche.

Follow us on Twitter and keep up to date with the latest in arts and lifestyle news at twitter.com/LifeNationalUAE

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

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

 

Company: Instabug

Founded: 2013

Based: Egypt, Cairo

Sector: IT

Employees: 100

Stage: Series A

Investors: Flat6Labs, Accel, Y Combinator and angel investors

Top investing tips for UAE residents in 2021

Build an emergency fund: Make sure you have enough cash to cover six months of expenses as a buffer against unexpected problems before you begin investing, advises Steve Cronin, the founder of DeadSimpleSaving.com.

Think long-term: When you invest, you need to have a long-term mindset, so don’t worry about momentary ups and downs in the stock market.

Invest worldwide: Diversify your investments globally, ideally by way of a global stock index fund.

Is your money tied up: Avoid anything where you cannot get your money back in full within a month at any time without any penalty.

Skip past the promises: “If an investment product is offering more than 10 per cent return per year, it is either extremely risky or a scam,” Mr Cronin says.

Choose plans with low fees: Make sure that any funds you buy do not charge more than 1 per cent in fees, Mr Cronin says. “If you invest by yourself, you can easily stay below this figure.” Managed funds and commissionable investments often come with higher fees.

Be sceptical about recommendations: If someone suggests an investment to you, ask if they stand to gain, advises Mr Cronin. “If they are receiving commission, they are unlikely to recommend an investment that’s best for you.”

Get financially independent: Mr Cronin advises UAE residents to pursue financial independence. Start with a Google search and improve your knowledge via expat investing websites or Facebook groups such as SimplyFI. 

COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

THE SPECS

Touareg Highline

Engine: 3.0-litre, V6

Transmission: 8-speed automatic

Power: 340hp

Torque: 450Nm

Price: Dh239,312

How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

EA Sports FC 25

War

Director: Siddharth Anand

Cast: Hrithik Roshan, Tiger Shroff, Ashutosh Rana, Vaani Kapoor

Rating: Two out of five stars 

FIGHT%20CARD
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Tightening the screw on rogue recruiters

The UAE overhauled the procedure to recruit housemaids and domestic workers with a law in 2017 to protect low-income labour from being exploited.

 Only recruitment companies authorised by the government are permitted as part of Tadbeer, a network of labour ministry-regulated centres.

A contract must be drawn up for domestic workers, the wages and job offer clearly stating the nature of work.

The contract stating the wages, work entailed and accommodation must be sent to the employee in their home country before they depart for the UAE.

The contract will be signed by the employer and employee when the domestic worker arrives in the UAE.

Only recruitment agencies registered with the ministry can undertake recruitment and employment applications for domestic workers.

Penalties for illegal recruitment in the UAE include fines of up to Dh100,000 and imprisonment

But agents not authorised by the government sidestep the law by illegally getting women into the country on visit visas.

THE SPECS

Aston Martin Rapide AMR

Engine: 6.0-litre V12

Transmission: Touchtronic III eight-speed automatic

Power: 595bhp

Torque: 630Nm

Price: Dh999,563

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

Rashid & Rajab

Director: Mohammed Saeed Harib

Stars: Shadi Alfons,  Marwan Abdullah, Doaa Mostafa Ragab 

Two stars out of five 

Global institutions: BlackRock and KKR

US-based BlackRock is the world's largest asset manager, with $5.98 trillion of assets under management as of the end of last year. The New York firm run by Larry Fink provides investment management services to institutional clients and retail investors including governments, sovereign wealth funds, corporations, banks and charitable foundations around the world, through a variety of investment vehicles.

KKR & Co, or Kohlberg Kravis Roberts, is a global private equity and investment firm with around $195 billion of assets as of the end of last year. The New York-based firm, founded by Henry Kravis and George Roberts, invests in multiple alternative asset classes through direct or fund-to-fund investments with a particular focus on infrastructure, technology, healthcare, real estate and energy.

 

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%3A%3C%2Fstrong%3E%20Eco%20Way%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%20December%202023%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Ivan%20Kroshnyi%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%2C%20UAE%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Electric%20vehicles%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Bootstrapped%20with%20undisclosed%20funding.%20Looking%20to%20raise%20funds%20from%20outside%3Cbr%3E%3C%2Fp%3E%0A
MATCH INFO

Who: UAE v USA
What: first T20 international
When: Friday, 2pm
Where: ICC Academy in Dubai

Company%20Profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20myZoi%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202021%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Syed%20Ali%2C%20Christian%20Buchholz%2C%20Shanawaz%20Rouf%2C%20Arsalan%20Siddiqui%2C%20Nabid%20Hassan%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%2037%3Cbr%3E%3Cstrong%3EInvestment%3A%3C%2Fstrong%3E%20Initial%20undisclosed%20funding%20from%20SC%20Ventures%3B%20second%20round%20of%20funding%20totalling%20%2414%20million%20from%20a%20consortium%20of%20SBI%2C%20a%20Japanese%20VC%20firm%2C%20and%20SC%20Venture%3C%2Fp%3E%0A
How to avoid crypto fraud
  • Use unique usernames and passwords while enabling multi-factor authentication.
  • Use an offline private key, a physical device that requires manual activation, whenever you access your wallet.
  • Avoid suspicious social media ads promoting fraudulent schemes.
  • Only invest in crypto projects that you fully understand.
  • Critically assess whether a project’s promises or returns seem too good to be true.
  • Only use reputable platforms that have a track record of strong regulatory compliance.
  • Store funds in hardware wallets as opposed to online exchanges.
COMPANY%20PROFILE%20
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3EAlmouneer%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202017%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Dr%20Noha%20Khater%20and%20Rania%20Kadry%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EEgypt%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%20%3C%2Fstrong%3E120%3Cbr%3E%3Cstrong%3EInvestment%3A%20%3C%2Fstrong%3EBootstrapped%2C%20with%20support%20from%20Insead%20and%20Egyptian%20government%2C%20seed%20round%20of%20%3Cbr%3E%243.6%20million%20led%20by%20Global%20Ventures%3Cbr%3E%3C%2Fp%3E%0A
THE BIO: Mohammed Ashiq Ali

Proudest achievement: “I came to a new country and started this shop”

Favourite TV programme: the news

Favourite place in Dubai: Al Fahidi. “They started the metro in 2009 and I didn’t take it yet.”

Family: six sons in Dubai and a daughter in Faisalabad

 

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.”

Stamp duty timeline

December 2014: Former UK finance minister George Osbourne reforms stamp duty, replacing the slab system with a blended rate scheme, with the top rate increasing to 12 per cent from 10 per cent:
Up to £125,000 - 0%; £125,000 to £250,000 – 2%; £250,000 to £925,000 – 5%; £925,000 to £1.5m: 10%; Over £1.5m – 12%

April 2016: New 3% surcharge applied to any buy-to-let properties or additional homes purchased.

July 2020: Rishi Sunak unveils SDLT holiday, with no tax to pay on the first £500,000, with buyers saving up to £15,000.

March 2021: Mr Sunak decides the fate of SDLT holiday at his March 3 budget, with expectations he will extend the perk unti June.

April 2021: 2% SDLT surcharge added to property transactions made by overseas buyers.