Celebrities ranging from comic Cedric The Entertainer to singer and actor Farhan Akhtar will headline Abu Dhabi Summer Season when it returns in July. The star-studded line-up boasts comedy acts, musicals, concerts, cartoon shows and a circus, at a variety of venues, including Emirates Palace, Abu Dhabi National Exhibition Centre and du Forum on Yas Island.
Regional talent
Lebanese diva Myriam Fares, whose Instagram has been flooded with images of her baby since he was born in February, will perform around Eid Al Fitr.
Arabic comedy nights are scheduled for September, and will be led by Emirati Bin Baz, whose 2.8 million Instagram followers are huge fans of his slapstick videos, along with Saudi pranksters Fadi Al Shehri, Ibrahim Saleh and Ibrahim Khairallah. Also making an appearance will be Kuwaiti comedian and actor Tariq Al Ali. Emirati comedian Taim Al Falasi, who has her own internet radio show and YouTube channel, will also appear, supported by Saudi YouTube stars Darin Al Bayed, Rajae Qawas and Fahad Albutairi.
International stars
A host of funny men will come together for Comedy Get Down on September 9 – expect to see Cedric The Entertainer, Eddie Griffin, D H Hughley, George Lopez and Charlie Murphy present their latest gags.
British illusionist Jamie Raven, who won over the audience of Britain's Got Talent in May last year, when his sleight of hand added a caricature of judge Simon Cowell to a £50 note, makes his Middle East debut on July 8 and 9.
On August 19, Hollywood comedy veteran Marlon Wayans arrives as part of his Scandal-less tour.
Coming to the stage for a family musical extravaganza are Alvin & the Chipmunks. The Abu Dhabi debut will see the much-loved characters performing their trademark high-pitched renditions of pop hits by the likes of One Direction, Maroon 5, Christina Aguilera and Elvis Presley, as they try to outwit arch nemesis Ian Hawke.
Other popular offerings for children include Hello Kitty and the Dinosaur Show.
Indian acts
Bollywood gets a large slice of the action this year. Singer Shaan returns for an August 11 gig, while actor, scriptwriter, musician and singer Farhan Akhtar, who has starred in blockbusters including Rock On!! (2008) and last year's Dil Dhadakne Do, will headline the music concert Farhan Live! on August 12. The same day, musicians Vishal and Shekhar will perform some of their newest Bollywood chart-toppers. Musical trio Shankar, Ehsaan and Loy follow with a gig on August 13. Television comedian Kapil Sharma will also be in town for a stand-up performance. Organisers will be hoping to tap into the strong Indian tourism market in Abu Dhabi – last summer, the largest increase in visitor numbers was among those from India, with a rise of nearly 30 per cent. There has been an overall increase of 21 per cent since 2014 in the number of Indian visitors.
Family fun
A welcome new addition to this year’s line up is the family festival Fun Nation, which will run at the du Forum on Yas Island from July 14 until August 6. It will present mini-shows for young children, hosted by cartoon favourites Shaun the Sheep, SpongeBob SquarePants and Dora the Explorer. Adults, meanwhile, get to indulge in video-gaming, cooking, sports and fashion shopping. Watch out for celebrity appearances, too.
Youth appeal
Teenagers and young adults, do not despair – there’s more on offer besides colourful cartoon shows and circus acts. Launching on August 11 at du Forum is The District, a space dedicated to a month-long mini festival of shows and workshops on innovation, entertainment, technology, fashion, digital media, health, science, nutrition and sustainability. Each weekend will feature a separate showcase of guests conducting classes and informal talks.
• Abu Dhabi Summer Season runs from July 7 to September 11. The full schedule of programmes will be announced at a later date on abudhabisummerseason.ae
artslife@thenational.ae
ARABIAN GULF LEAGUE FIXTURES
Thursday, September 21
Al Dahfra v Sharjah (kick-off 5.35pm)
Al Wasl v Emirates (8.30pm)
Friday, September 22
Dibba v Al Jazira (5.25pm)
Al Nasr v Al Wahda (8.30pm)
Saturday, September 23
Hatta v Al Ain (5.25pm)
Ajman v Shabab Al Ahli (8.30pm)
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Company name: baraka
Started: July 2020
Founders: Feras Jalbout and Kunal Taneja
Based: Dubai and Bahrain
Sector: FinTech
Initial investment: $150,000
Current staff: 12
Stage: Pre-seed capital raising of $1 million
Investors: Class 5 Global, FJ Labs, IMO Ventures, The Community Fund, VentureSouq, Fox Ventures, Dr Abdulla Elyas (private investment)
Company%20Profile
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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.”
If you go
The flights
Emirates and Etihad fly direct to Nairobi, with fares starting from Dh1,695. The resort can be reached from Nairobi via a 35-minute flight from Wilson Airport or Jomo Kenyatta International Airport, or by road, which takes at least three hours.
The rooms
Rooms at Fairmont Mount Kenya range from Dh1,870 per night for a deluxe room to Dh11,000 per night for the William Holden Cottage.
The specs
Engine: 77.4kW all-wheel-drive dual motor
Power: 320bhp
Torque: 605Nm
Transmission: Single-speed automatic
Price: From Dh219,000
On sale: Now
Business Insights
- Canada and Mexico are significant energy suppliers to the US, providing the majority of oil and natural gas imports
- The introduction of tariffs could hinder the US's clean energy initiatives by raising input costs for materials like nickel
- US domestic suppliers might benefit from higher prices, but overall oil consumption is expected to decrease due to elevated costs
SCORES
Multiply Titans 81-2 in 12.1 overs
(Tony de Zorzi, 34)
bt Auckland Aces 80 all out in 16 overs
(Shawn von Borg 4-15, Alfred Mothoa 2-11, Tshepo Moreki 2-16).
Disclaimer
Director: Alfonso Cuaron
Stars: Cate Blanchett, Kevin Kline, Lesley Manville
Rating: 4/5
Specs%20
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Managing the separation process
- Choose your nursery carefully in the first place
- Relax – and hopefully your child will follow suit
- Inform the staff in advance of your child’s likes and dislikes.
- If you need some extra time to talk to the teachers, make an appointment a few days in advance, rather than attempting to chat on your child’s first day
- The longer you stay, the more upset your child will become. As difficult as it is, walk away. Say a proper goodbye and reassure your child that you will be back
- Be patient. Your child might love it one day and hate it the next
- Stick at it. Don’t give up after the first day or week. It takes time for children to settle into a new routine.And, finally, don’t feel guilty.
Biography
Favourite Meal: Chicken Caesar salad
Hobbies: Travelling, going to the gym
Inspiration: Father, who was a captain in the UAE army
Favourite read: Rich Dad Poor Dad by Robert Kiyosaki and Sharon Lechter
Favourite film: The Founder, about the establishment of McDonald's
The specs
Engine: 2-litre or 3-litre 4Motion all-wheel-drive Power: 250Nm (2-litre); 340 (3-litre) Torque: 450Nm Transmission: 8-speed automatic Starting price: From Dh212,000 On sale: Now
The specs
Engine: Dual 180kW and 300kW front and rear motors
Power: 480kW
Torque: 850Nm
Transmission: Single-speed automatic
Price: From Dh359,900 ($98,000)
On sale: Now
Racecard
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