On the sidelines of the weekend's South Indian International Movie Awards at the Abu Dhabi National Exhibition Centre (ADNEC), Bollywood stars Katrina Kaif and Ranbir Kapoor were in the capital promoting their eagerly anticipated project Jagga Jasoos.
The film, that began shooting in 2014, may have been a long time coming, but Kapoor is confident it has been worth the wait.
"That's just the director [Anurag Basu]'s process," Kapoor explains. "Even though he works in his own time, he's constantly trying to better his art and make the best version of the film he possibly can, and when you see someone doing that so passionately you just go with the flow. He totally deserves the time that he takes."
He admits that the lengthy process was doubly frustrating as he was also a producer on the film, which sounds like it may have been a one-off experience.
“I totally lost control as producer on the film. I realised it's really not my cup of tea. It's not a job I think I do well.”
Producing wasn't the only step outside familiar territory for Kapoor, the movie is a musical in which his character combats his stammer by singing all of his words.
“It was a big challenge," the actor adds. "Whether it's a dramatic scene, he's trying to solve a mystery or he's just having a conversation, my character is constantly singing.
“It was a big challenge to sustain that over a two-hour film. It's not that I can't sing, but it's maybe not good for the other person's ears.”
"The director wanted to convey the story in the true sense of a musical," Kaif chips in. "It goes back to Les Miserables or Beauty and the Beast, the way MGM musicals used to be. I love the way Anurag's approached it. There's never just a 'cut to start singing.' He sings because he stammers, then she replies back with a song and asks herself 'why am I singing?'"
Kapoor's Jagga, a youthful detective with a quirky hair-do, has attracted comparisons in the Indian press to Herge's legendary Tintin, however the actor doesn't think we should take the influence too seriously: "I think Anurag had certain influences as a child – Tintin, Sherlock Holmes, The Hardy Boys and many others. That's many positive influences that came together in this film, but when we did the hairstyle we weren't thinking of Tintin, it's totally coincidental. We just wanted it to be kind of funny because his father gave him this hairstyle as a child, and he's kept it through his life because he thinks if he finds his father he'll recognise him, so there's an emotional connect there."
The acting duo were on a flying visit to the capital, but Kaif will be back soon to continue shooting Tiger Zinda Hai next month having already shot some scenes in Liwa alongside co-star Salman Khan in May.
“They're putting up a huge set somewhere, I'm not exactly sure where, but we're going to be here for I think 45 days in August,” she reveals. “A large portion of the second half of the film is going to be shot here and we've had great support from the Abu Dhabi Government and everybody here. We're all really excited to have our film set here.”
Kaif is not daunted by the prospect of shooting in Abu Dhabi in the August heat. “Apparently it's going to be very hot, but that's OK I love shooting in the heat,” she insists. “The desert is such a lovely place to shoot. I shot Bang Bang out at Qasr Al Sarab and that was such a stunning place. Really lovely.”
Back to the present, and Kapoor is full of praise for the South Indian film industry he is in the capital helping to honour.
“The South Indian industry has really grown tenfold over the last couple of years, and in terms of the technology and the stories they're telling,” he says. “They're really pushing the envelope and inspiring us all in the Hindi film industry too. The market share and the money is really changing in India, and that's a good thing. It just shows that if you tell a good story then it doesn't matter what language it's in, people will go and see it.”
Jagga Jasoos is slated for release on July 13.
UAE currency: the story behind the money in your pockets
Liverpool's all-time goalscorers
Ian Rush 346
Roger Hunt 285
Mohamed Salah 250
Gordon Hodgson 241
Billy Liddell 228
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The%20specs
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Wicked: For Good
Director: Jon M Chu
Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater
Rating: 4/5
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What vitamins do we know are beneficial for living in the UAE
Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.
Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.
Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.
Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.
Sleep Well Beast
The National
4AD
Racecard
7pm: Abu Dhabi - Conditions (PA) Dh 80,000 (Dirt) 1,600m
7.30pm: Dubai - Maiden (TB) Dh82,500 (D) 1,400m
8pm: Sharjah - Maiden (TB) Dh82,500 (D) 1,600m
8.30pm: Ajman - Handicap (TB) Dh82,500 (D) 2,200m
9pm: Umm Al Quwain - The Entisar - Listed (TB) Dh132,500 (D) 2,000m
9.30pm: Ras Al Khaimah - Rated Conditions (TB) Dh95,000 (D) 1,600m
10pm: Fujairah - Handicap (TB) Dh87,500 (D) 1,200m
UAE-based players
Goodlands Riders: Jamshaid Butt, Ali Abid, JD Mahesh, Vibhor Shahi, Faizan Asif, Nadeem Rahim
Rose Hill Warriors: Faraz Sheikh, Ashok Kumar, Thabreez Ali, Janaka Chathuranga, Muzammil Afridi, Ameer Hamza
Company profile
Name: Dukkantek
Started: January 2021
Founders: Sanad Yaghi, Ali Al Sayegh and Shadi Joulani
Based: UAE
Number of employees: 140
Sector: B2B Vertical SaaS(software as a service)
Investment: $5.2 million
Funding stage: Seed round
Investors: Global Founders Capital, Colle Capital Partners, Wamda Capital, Plug and Play, Comma Capital, Nowais Capital, Annex Investments and AMK Investment Office
UAE currency: the story behind the money in your pockets
The specs
Engine: 2.0-litre 4-cyl turbo
Power: 201hp at 5,200rpm
Torque: 320Nm at 1,750-4,000rpm
Transmission: 6-speed auto
Fuel consumption: 8.7L/100km
Price: Dh133,900
On sale: now
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.
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Last-16 Europa League fixtures
Wednesday (Kick-offs UAE)
FC Copenhagen (0) v Istanbul Basaksehir (1) 8.55pm
Shakhtar Donetsk (2) v Wolfsburg (1) 8.55pm
Inter Milan v Getafe (one leg only) 11pm
Manchester United (5) v LASK (0) 11pm
Thursday
Bayer Leverkusen (3) v Rangers (1) 8.55pm
Sevilla v Roma (one leg only) 8.55pm
FC Basel (3) v Eintracht Frankfurt (0) 11pm
Wolves (1) Olympiakos (1) 11pm
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Scorline
Iraq 1-0 UAE
Iraq Hussein 28’
Paatal Lok season two
Directors: Avinash Arun, Prosit Roy
Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong
Rating: 4.5/5
The specs: 2019 BMW X4
Price, base / as tested: Dh276,675 / Dh346,800
Engine: 3.0-litre turbocharged in-line six-cylinder
Transmission: Eight-speed automatic
Power: 354hp @ 5,500rpm
Torque: 500Nm @ 1,550rpm
Fuel economy, combined: 9.0L / 100km
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.”
Read more from Aya Iskandarani
Company Fact Box
Company name/date started: Abwaab Technologies / September 2019
Founders: Hamdi Tabbaa, co-founder and CEO. Hussein Alsarabi, co-founder and CTO
Based: Amman, Jordan
Sector: Education Technology
Size (employees/revenue): Total team size: 65. Full-time employees: 25. Revenue undisclosed
Stage: early-stage startup
Investors: Adam Tech Ventures, Endure Capital, Equitrust, the World Bank-backed Innovative Startups SMEs Fund, a London investment fund, a number of former and current executives from Uber and Netflix, among others.