The Lamborghini Urus. Courtesy Audi AG
The Lamborghini Urus. Courtesy Audi AG
The Lamborghini Urus. Courtesy Audi AG
The Lamborghini Urus. Courtesy Audi AG

Lamborghini Urus set to be world’s fastest SUV


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Lamborghini’s Urus will be the world’s fastest and most dynamic SUV when it launches in 2018 – this is the promise of the raging bull’s research and development chief, Maurizio Reggiani.

It's already been widely reported that the Urus will be propelled by a 4.0-litre twin-turbo V8 – in lieu of the company's existing naturally aspirated V10 and V12 engines, which lack the low-down torque required by an all-terrainer – but Reggiani made a further admission to The National, confirming that the Lambo will comfortably outgrunt the 600bhp Bentley Bentayga, currently the most potent SUV on the planet.

Reggiani also revealed the Urus will sprint from 0-100kph in under 4 seconds, eclipsing the Bentayga (4.1 seconds), Porsche Cayenne Turbo S (4.1 seconds) and BMW X6 M (4.2 seconds), which are currently the most rapid offerings in the segment.

Although the 4.0-litre twin-­turbo engine destined for the Urus is sourced from the Audi portfolio, Reggiani says the tuning and exhaust note of the V8 will be consistent with what buyers expect of a Lamborghini.

While the V8 will be the sole engine offered initially, Reggiani suggested a V6 plug-in hybrid would also be suited to the Urus as the added weight of the petrol-electric power train would not be an issue in an SUV.

Although high-riding all-­terrainers obviously aren’t as weight-sensitive as supercars, Reggiani claims the Urus will be the lightest and most dynamic entrant in the luxo-SUV category, and refuses to identify what he sees as the vehicle’s most direct competitors. “It will have no rivals … it will create a new segment.”

Reggiani wouldn’t elaborate on what would make the Urus lighter than its competitors (which weigh 2.3 tonnes or more), but it’s thought the ­aluminium-steel MLB 2 platform – shared with the new Audi Q7 and Bentayga – could be supplemented by carbon-fibre components and, possibly, a few body panels to help shed kilos.

Although the R&D chief had worked solely on ­supercars/sports cars for the past three decades, he says he relished the multifaceted challenge of ­developing the Urus, which will offer at least some degree of off-road ability in addition to what he promises will be class-­leading on-road dynamics.

As part of the testing and ­development process, Urus ­prototypes have even been thrashed around the dunes in the UAE to ensure it’s capable on sand – as well as being able to withstand extreme heat. This is vital as a substantial chunk of the Urus’s sales is expected to come from the Middle East. Quite how many Urus owners will want to bounce their brand-new Lambo around the dunes is debatable, but it still needs to have the ability to do so.

Reggiani regards the Urus as “the future of Lamborghini” as it’s expected to boost the company’s annual production volume to 6,000 vehicles (it sold 2,530 cars last year). He says the sales success of the Bentayga, of which Bentley will build 3,600 units in its first year (still not anywhere near enough to satisfy global demand), is proof there is a healthy market for a circa- Dh1 million SUV.

It’s this demand that has prompted Lamborghini to pump in the investment required to expand its manufacturing facility at Sant’Agata Bolognese for the production of the Urus. The current staff count of 1,275 will also be increased by around 500 people.

Whether or not the production version of the Urus stays true to the sharp-edged concept that debuted at the 2012 Beijing Motor Show isn’t yet known, but Lamborghini boss Stephan Winkelmann has promised the showroom variant will offer more interior space than the ­design study.

This could mean the concept’s rakish roofline will have to be reworked slightly to liberate sufficient headspace for rear-seat occupants. We imagine the glasshouse will also need to be enlarged to make for a less dark feel in the back.

All will be revealed at the 2018 Geneva International Motor Show, where the showroom-spec Urus is ­expected to break cover.

motoring@thenational.ae

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The%20specs
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Company profile

Name: GiftBag.ae

Based: Dubai

Founded: 2011

Number of employees: 4

Sector: E-commerce

Funding: Self-funded to date

The biog

Family: He is the youngest of five brothers, of whom two are dentists. 

Celebrities he worked on: Fabio Canavaro, Lojain Omran, RedOne, Saber Al Rabai.

Where he works: Liberty Dental Clinic 

The specs: 2019 Chevrolet Bolt EV

Price, base: Dh138,000 (estimate)
Engine: 60kWh battery
Transmission: Single-speed Electronic Precision Shift
Power: 204hp
Torque: 360Nm
​​​​​​​Range: 520km (claimed)

Most sought after workplace benefits in the UAE
  • Flexible work arrangements
  • Pension support
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  • Insurance coverage for optical, dental, alternative medicine, cancer screening
  • Financial well-being incentives 
TEACHERS' PAY - WHAT YOU NEED TO KNOW

Pay varies significantly depending on the school, its rating and the curriculum. Here's a rough guide as of January 2021:

- top end schools tend to pay Dh16,000-17,000 a month - plus a monthly housing allowance of up to Dh6,000. These tend to be British curriculum schools rated 'outstanding' or 'very good', followed by American schools

- average salary across curriculums and skill levels is about Dh10,000, recruiters say

- it is becoming more common for schools to provide accommodation, sometimes in an apartment block with other teachers, rather than hand teachers a cash housing allowance

- some strong performing schools have cut back on salaries since the pandemic began, sometimes offering Dh16,000 including the housing allowance, which reflects the slump in rental costs, and sheer demand for jobs

- maths and science teachers are most in demand and some schools will pay up to Dh3,000 more than other teachers in recognition of their technical skills

- at the other end of the market, teachers in some Indian schools, where fees are lower and competition among applicants is intense, can be paid as low as Dh3,000 per month

- in Indian schools, it has also become common for teachers to share residential accommodation, living in a block with colleagues

MATCH INFO

Real Madrid 2 (Benzema 13', Kroos 28')
Barcelona 1 (Mingueza 60')

Red card: Casemiro (Real Madrid)

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.”

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Company Profile

Company name: Big Farm Brothers

Started: September 2020

Founders: Vishal Mahajan and Navneet Kaur

Based: Dubai Investment Park 1

Industry: food and agriculture

Initial investment: $205,000

Current staff: eight to 10

Future plan: to expand to other GCC markets

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.