Kardashian matriarch Kris Jenner is coming to Dubai next week - and will make an “international reveal” while she is here.
An E! Keeping up with The Kardashians TV crew will also be on hand to document the excursion, with the powerful "momager" and reality-show boss touching down for an exclusive VIP red-carpet event on Tuesday, April 12 and holding a press conference on Sunday, April 17. Dubai holds special allure for the Kardashian clan, but there is no word in today's scant press release whether Jenner will bring any of her six children with her. At least TV host Khloe, Kim and model Kendall have all made publicised visits before.
Jenner may not want to answer questions on a reportedly explosive new tell-all book, Kardashian Dynasty by Ian Halperin, which alleges she not only brokered the deal for her daughter Kim's leaked sex tape - but engineered it from the beginning.
As for the business venture, anything is possible: a new reality show, some sort of property deal or restaurant – even a UAE-based show. Jenner is bringing with her Carla DiBello, managing partner of CDB Advisory, a brokerage firm focused on securing global connections.
According to CDB's website DiBello "personally secured and closed multi-million-dollar policies as a consultant at Parq Advisors and maximised brand potential for Kim Kardashian Inc., leading to a 300 per cent increase in viewership of the top-rated reality show Keeping up with the Kardashians, and resulting in Kim Kardashian as the "most Googled woman in 2012".
Jenner, who, in addition to running Kardashian Inc, also manages the booming careers of her five daughters – Kim, Khloe, Kourtney, model Kendall and social-media star Kylie, and her son, the less-successful sock designer and until recently recluse Rob, taking 10 per cent of their earnings for her work. She also manages the career of her ex-husband, former Olympian Bruce Jenner, who last year came out as transgender, taking the name Caitlyn and launching her own reality show, I Am Cait.
Jenner has been in Dubai before with an E! crew, during a 2011 visit when her daughter Kim created pandemonium in The Dubai Mall while inaugurating the Millions of Milkshakes outlet there. The episode, which came during the breakdown of Kim’s 72-day marriage to American basketball player Kris Humphries, was featured on the show, sparking criticism that parts of it were faked on a Los Angeles soundstage.
amcqueen@thenational.ae
Sole survivors
- Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
- George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
- Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
- Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
COMPANY PROFILE
Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
Current number of staff: 47
How to keep control of your emotions
If your investment decisions are being dictated by emotions such as fear, greed, hope, frustration and boredom, it is time for a rethink, Chris Beauchamp, chief market analyst at online trading platform IG, says.
Greed
Greedy investors trade beyond their means, open more positions than usual or hold on to positions too long to chase an even greater gain. “All too often, they incur a heavy loss and may even wipe out the profit already made.
Tip: Ignore the short-term hype, noise and froth and invest for the long-term plan, based on sound fundamentals.
Fear
The risk of making a loss can cloud decision-making. “This can cause you to close out a position too early, or miss out on a profit by being too afraid to open a trade,” he says.
Tip: Start with a plan, and stick to it. For added security, consider placing stops to reduce any losses and limits to lock in profits.
Hope
While all traders need hope to start trading, excessive optimism can backfire. Too many traders hold on to a losing trade because they believe that it will reverse its trend and become profitable.
Tip: Set realistic goals. Be happy with what you have earned, rather than frustrated by what you could have earned.
Frustration
Traders can get annoyed when the markets have behaved in unexpected ways and generates losses or fails to deliver anticipated gains.
Tip: Accept in advance that asset price movements are completely unpredictable and you will suffer losses at some point. These can be managed, say, by attaching stops and limits to your trades.
Boredom
Too many investors buy and sell because they want something to do. They are trading as entertainment, rather than in the hope of making money. As well as making bad decisions, the extra dealing charges eat into returns.
Tip: Open an online demo account and get your thrills without risking real money.
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
