Leonardo DiCaprio plays Cobb, a veteran mind invader, who targets business kingpins for  business secrets as they sleep.
Leonardo DiCaprio plays Cobb, a veteran mind invader, who targets business kingpins for business secrets as they sleep.

Inception: a blockbuster with brains but no heart



It has long been a cinematic truism that context is everything. When exactly a movie is released - the films that surround it, the political climate of the day, the prevailing popular mood - is often the deciding factor in the perception of that movie's relative strengths. Certainly, this is the case with the new, mind-bending Leonardo DiCaprio thriller Inception, which has been decreed a potential Oscar champ, and "the only movie that matters this summer" (Los Angeles Times). This is not because it is innately brilliant, but simply because the qualitative bar for movie entertainment has been dropped so low by the other blockbusters in the market.

The disappointing Iron Man 2, the bland Prince of Persia, the cacophonous A-Team and the dreary Clash of the Titans have increasingly created an audience appetite for something, anything, with even a hint of originality, savvy, and brains. And Inception, let's face it, has brains. The film, which boasts an original screenplay from its writer-director Christopher Nolan (The Dark Knight), depicts a near-future world where the dreams of individuals can be invaded by stealth teams of operatives hooked up to smart suitcase-sized dialysis-style machines.

The latter dream tools, in one of the film's few early illogicalities, are explained away as something invented by the military "to train soldiers in combat without getting them killed" (whatever happened to blanks ... or paintball?). The dream stalkers themselves, led by a veteran master-stalker called Cobb (DiCaprio), typically invade the dreams of corporate kingpins, such as the opening scene's Saito (Ken Watanabe), steal information buried therein, and emerged unscathed, ready to sell the data to the highest bidder.

The hook in the plot of Inception, however, is that Saito is so impressed by Cobb's abilities that he hires him not to steal an idea from his business rival Robert Fischer Jr (Cillian Murphy), but to implant one in his head - namely that he will break up his father's energy conglomerate. And so, quicker than you can say, "The A-Team gets metaphysical", Cobb assembles his own crack squad, including a forger called Eames (Tom Hardy) who can change identity within dreams, a chemist called Yusuf (Dileep Rao) who will secretly administer dream-aiding drugs to the subjects, and a novice called Ariadne (Ellen Page) who will serve as the dream's "architect" and construct the physical reality of the dream world for Fischer's unsuspecting dreamer.

Ariadne's greater function as a clueless innocent, crucially, is to be an audience surrogate, and to provide Cobb, and the movie, with a platform for 90 minutes of almost pure exposition. Here the movie is at its original best, and indeed deserves some of the plaudits being heaped upon it. For as Cobb reveals the parameters of the dream world it becomes clear that the film is boldly poking and prodding at the very fabric of movies themselves.

For instance, when Cobb's team assemble to discuss planting the central idea (to sell off his corporation) in Fischer's mind they do so like a movie-pitch meeting, and they discuss Fischer's character motivation, narrative arcs and resolution. Or, when Cobb is teaching Ariadne about the narrative leaps of the dream world he is actually talking about editing - when they appear suddenly in the dream world's Parisian café and he asks her how they got there, the answer is obviously by the power of a film cut.

In these early sequences, the sheer level of meaning is engrossing, as Inception seems to be simultaneously talking about movies, dreams and the very nature of what constitutes our lived reality (What makes it real? What makes it worth living?). But, and it's a monumental "but", once the film finally gets going on its own ostensible mission, it falls apart. For all his virtuosity, Nolan is a half-cocked action director, and here lathers the movie with seemingly interminable and unintelligible snowbound shoot-outs (a key part of the dream occurs in a mountain hideaway). The movie's logic disintegrates completely in the last third, as dream rules alternate to suit the increasing number of plot holes.

Worst of all, the movie has no emotional resonance. Cobb is given a truly hackneyed family-crisis back story, but otherwise the film is simply technique heaped upon technique. And with a running time of two and a half hours, this eventually becomes wearisome. In short, Inception gets by with a lot of brains. But even a modicum of heart would've made it truly great.

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Company%C2%A0profile
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Results

Female 49kg: Mayssa Bastos (BRA) bt Thamires Aquino (BRA); points 0-0 (advantage points points 1-0).

Female 55kg: Bianca Basilio (BRA) bt Amal Amjahid (BEL); points 4-2.

Female 62kg: Beatriz Mesquita (BRA) v Ffion Davies (GBR); 10-2.

Female 70kg: Thamara Silva (BRA) bt Alessandra Moss (AUS); submission.

Female 90kg: Gabreili Passanha (BRA) bt Claire-France Thevenon (FRA); submission.

Male 56kg: Hiago George (BRA) bt Carlos Alberto da Silva (BRA); 2-2 (2-0)

Male 62kg: Gabriel de Sousa (BRA) bt Joao Miyao (BRA); 2-2 (2-1)

Male 69kg: Paulo Miyao (BRA) bt Isaac Doederlein (USA); 2-2 (2-2) Ref decision.

Male 77kg: Tommy Langarkar (NOR) by Oliver Lovell (GBR); submission.

Male 85kg: Rudson Mateus Teles (BRA) bt Faisal Al Ketbi (UAE); 2-2 (1-1) Ref decision.

Male 94kg: Kaynan Duarte (BRA) bt Adam Wardzinski (POL); submission.

Male 110kg: Joao Rocha (BRA) bt Yahia Mansoor Al Hammadi (UAE); submission.

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 profile

Date started: 2015

Founder: John Tsioris and Ioanna Angelidaki

Based: Dubai

Sector: Online grocery delivery

Staff: 200

Funding: Undisclosed, but investors include the Jabbar Internet Group and Venture Friends

The bio

His favourite book - 1984 by George Orwell

His favourite quote - 'If you think education is expensive, try ignorance' by Derek Bok, Former President of Harvard

Favourite place to travel to - Peloponnese, Southern Greece

Favourite movie - The Last Emperor

Favourite personality from history - Alexander the Great

Role Model - My father, Yiannis Davos

 

 

Various Artists 
Habibi Funk: An Eclectic Selection Of Music From The Arab World (Habibi Funk)
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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: 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