A scene from the Indian movie 'Miss Lovely'. Courtesy TIFF
A scene from the Indian movie 'Miss Lovely'. Courtesy TIFF

Mumbai looms large on Toronto festival screens



The Toronto International Film Festival (TIFF), beginning today and running until September 16, makes film fans act like children in a sweet store, with its enticing spread of hotly anticipated world premieres, including the best from Cannes and Venice, plus entire sections dedicated to hard-hitting documentaries and children's films.

It's a Herculean task deciding what to see. The section that clearly stands out is this year's "City to City" programme, which will focus on Mumbai.

Announcing Mumbai as the showcase city, Cameron Bailey, the festival's co-director, stated: "Mumbai's cinema today is entirely different from what it was even a few years ago. The rise of independent cinema has shifted the terrain, probing into previously taboo subjects and adopting styles that were earlier unpalatable to the Indian audience."

Of the 10 films selected for the section, four are world premieres (Ship of Theseus, Shahid, Mumbai's King and The Bright Day), while four others (Gangs of Wasseypur Parts 1 and 2, Peddlers and Miss Lovely) are making their North American debuts, following premieres at the Cannes International Film Festival back in May.

Ashim Ahluwalia's Miss Lovely, about two brothers working in a 1970s underground cinema showing illicit films, could almost be considered a world premiere because it has been re-edited since it was shown as a work-in-progress at Cannes.

Rounding off the selection are Dibakar Banerjee's political drama Shanghai, headlined by Abhay Deol, and Ishaqzaade, Habib Faisal's love story set amid political violence in northern India.

The hype surrounding Ship of Theseus, the debut film by the celebrated Indian playwright Anand Gandhi, has already reached fever pitch. The Gangs of Wasseypur director Anurag Kashyap recently posted on Twitter: "Just saw an extraordinary film by Anand Gandhi. Probably the most brilliant film to have been made in India in decades … puts us all to shame."

This sentiment was echoed by the filmmaker Shekhar Kapur, who tweeted, "Finally a brilliant new filmmaker emerges in Anand Gandhi with Ship of Theseus."

The film promises to take audiences on a cosmic journey inspired by the Greek philosopher Plato's Allegory of the Cave, examining the meaning of identity through three interconnected stories of a blind photographer (played by the actress and Egyptian activist Aida Elakshef), a dying animal-activist monk (the acclaimed stage actor Neeraj Kabi), and a determined stockbroker (Sohum Shah).

Another new talent making his directorial debut is the Pune-based theatre director Mohit Takalkar. His film, The Bright Day, is a semi-autobiographical coming-of-age tale about Shiv, a young man who leaves his secure middle-class family life to set out on a journey of discovery. Using tiny consumer cameras, Takalkar's road movie takes the protagonist across a wide variety of landscapes as he tries to work out what exactly he wants in life.

And then there is Manjeet Singh's Mumbai's King. Slumdog Millionaire had its world premiere in Toronto in 2008, so it is some claim when Bailey writes in his programme notes: "In this unassuming debut, the director Manjeet Singh captures the reality, the drama, the complexity and the beauty of life in Mumbai. While there are certain stylistic nods to Slumdog's indelible images, Singh's eye pursues different details, and his story allows for a richer observation of life."

Hansal Mehta's film Shahid tells the true story of the slain human rights activist and lawyer Shahid Azmi, killed in 2010 by unidentified assailants in his office. The movie stars Raj Kumar and Prabhleen Sandhu.

Films set in India are not only limited to TIFF's "City to City" section. Another anticipated event is the gala screening of the Indian-born Canadian director Deepa Metha's adaptation of the popular novel Midnight's Children. Shot on location in Sri Lanka last year, the film chronicles the epic story of two babies, born in the same hospital on the day that India became independent, who end up being sent home with the wrong families.

With such a strong line-up, it is likely that the screenings at TIFF will finally put paid to the belief that Indian cinema is all just song and dance.

The Middle East makes it mark

Those on the lookout for new films about the region will be delighted with the premieres on offer in Toronto.

With The Patience Stone, the French-­Afghan author Atiq Rahimi adapts his own novel about a mother of two whose husband is in a coma, set in an unnamed, war-torn Arab country. The Iranian actress Golshifteh Farahani stars.

Ben Affleck seems an unusual name to appear in a section on the Middle East, but in addition to starring in To the Wonder by Terrence Malick (whose parents are Lebanese immigrants), the actor directs and stars in Argo, a film about a CIA official who concocts an outlandish plan to get six stranded Americans out of Tehran after the 1979 invasion of the US embassy, by having them masquerade as a Hollywood film crew.

There also are several of documentaries bound to provoke debate. As If We Were Catching a Cobra is the Syrian filmmaker Hala Al Abdallah's documentary about cartoonists in Egypt, Algeria, Syria and Palestine. She narrates how their work has become a vehicle for dissent and a voice for freedom of expression in the Arab world.

Fidai is a documentary from the first-time ­Algerian filmmaker Damien Ounouri, about a 70-year-old veteran of the Algerian War of Independence who speaks out about his years of struggle as an underground soldier for the National Liberation Front.

The Israeli intelligence service is the focus of The Gatekeepers, Dror Moreh's documentary based on a series of candid interviews with six former heads of the Israel Security Agency.

The Lebanese Rocket Society, a new documentary from Joana Hadji Thomas and Khalil Joreige, is about Lebanon's brief flirtation with space travel in the 1960s. Another documentary focusing on Lebanon is A World Not Ours, in which the filmmaker Mahdi Fleifel travels to the largest Lebanese refugee camp, Ain Hilweh.

Lebanon is also the location for Eran ­Riklis' gritty drama Zaytoun, about an Israeli fighter pilot (played by the American actor Stephen Dorff) shot down over Lebanon and who must make his way across the war-torn country with the aid of an angry young ­Palestinian boy.

A refugee camp is also the focus of the Palestinian-American ­Annamarie Jacir's sophomore film When I Saw You. Set in Jordan in 1967, it features a mother and her 11-year-old son displaced from their home in the West Bank.

Inch'Allah, directed by the ­Quebec-born Anaïs Barbeau-­Lavalette and produced by the same team behind the 2010 Oscar-nominated Incendies, is a politically charged drama that explores the ramifications of Israel's separation barrier on the divided populations of the West Bank.

The Lebanese filmmaker Ziad Doueiri, best known for his award-winning 1998 film West Beirut, will unveil his new film, The Attack, adapted from Yasmina Khadra's novel about an Arab surgeon living in Tel Aviv who discovers a dark secret about his wife following a ­suicide bombing.

In Ruba Nadda's Inescapable, Alexander Siddig stars as a Toronto-based Syrian businessman forced to return to the country he left three decades ago after his daughter disappears in Damascus. The film co-stars Joshua Jackson and Marisa Tomei.

The Iranian director Bahman Ghobadi, who won a Special Jury Prize at the 2009 Cannes film festival, returns with Rhino Season, a dreamy love story spanning three decades in Iran, starring Monica Bellucci and the Iranian superstar Behrouz Vossoughi.

Don't miss

• They said it could never be made into a film, but the Wachowski siblings Lana and Andy and the German director Tom Tykwer have united to film the adaptation of David Mitchell's acclaimed time-travelling novel Cloud Atlas. It stars Tom Hanks, Hugo Weaving and Halle Berry.

• The last time Derek Cianfrance and Ryan Gosling got together, they made the heartbreaking Blue Valentine. Their new collaboration is the crime thriller The Place Beyond the Pines, about a motorcycle stuntman who moonlights as a bank robber. Is this Drive on two wheels?

Venus and Serena is a documentary on the Williams sisters, focusing on the year the tennis champions spent trying to come back from injury.

Getting there

Given its remote location, getting to Borneo can feel daunting even for the most seasoned traveller. But you can fly directly from Kuala Lumpur to Sandakan and Sepilok is only half an hour away by taxi. Sandakan has plenty of accommodation options, while Sepilok has a few nature lodges close to the main attractions.

Keep it fun and engaging

Stuart Ritchie, director of wealth advice at AES International, says children cannot learn something overnight, so it helps to have a fun routine that keeps them engaged and interested.

“I explain to my daughter that the money I draw from an ATM or the money on my bank card doesn’t just magically appear – it’s money I have earned from my job. I show her how this works by giving her little chores around the house so she can earn pocket money,” says Mr Ritchie.

His daughter is allowed to spend half of her pocket money, while the other half goes into a bank account. When this money hits a certain milestone, Mr Ritchie rewards his daughter with a small lump sum.

He also recommends books that teach the importance of money management for children, such as The Squirrel Manifesto by Ric Edelman and Jean Edelman.

ENGLAND SQUAD

Goalkeepers Henderson, Johnstone, Pickford, Ramsdale

Defenders Alexander-Arnold, Chilwell, Coady, Godfrey, James, Maguire, Mings, Shaw, Stones, Trippier, Walker, White

Midfielders Bellingham, Henderson, Lingard, Mount, Phillips, Rice, Ward-Prowse

Forwards Calvert-Lewin, Foden, Grealish, Greenwood, Kane, Rashford, Saka, Sancho, Sterling, Watkins 

The biog

Favourite hobby: taking his rescue dog, Sally, for long walks.

Favourite book: anything by Stephen King, although he said the films rarely match the quality of the books

Favourite film: The Shawshank Redemption stands out as his favourite movie, a classic King novella

Favourite music: “I have a wide and varied music taste, so it would be unfair to pick a single song from blues to rock as a favourite"

MATCH INFO

Newcastle United 3
Gayle (23'), Perez (59', 63')

Chelsea 0

Brief scoreline

Switzerland 0

England 0

Result: England win 6-5 on penalties

Man of the Match: Trent Alexander-Arnold (England)

Most polluted cities in the Middle East

1. Baghdad, Iraq
2. Manama, Bahrain
3. Dhahran, Saudi Arabia
4. Kuwait City, Kuwait
5. Ras Al Khaimah, UAE
6. Ash Shihaniyah, Qatar
7. Abu Dhabi, UAE
8. Cairo, Egypt
9. Riyadh, Saudi Arabia
10. Dubai, UAE

Source: 2022 World Air Quality Report

MOST POLLUTED COUNTRIES IN THE WORLD

1. Chad
2. Iraq
3. Pakistan
4. Bahrain
5. Bangladesh
6. Burkina Faso
7. Kuwait
8. India
9. Egypt
10. Tajikistan

Source: 2022 World Air Quality Report

The specs

Engine: Single front-axle electric motor
Power: 218hp
Torque: 330Nm
Transmission: Single-speed automatic
Max touring range: 402km (claimed)
Price: From Dh215,000 (estimate)
On sale: September

SPECS

Engine: 4-litre V8 twin-turbo
Power: 630hp
Torque: 850Nm
Transmission: 8-speed Tiptronic automatic
Price: From Dh599,000
On sale: Now

Masters of the Air

Directors: Cary Joji Fukunaga, Dee Rees, Anna Boden, Ryan Fleck, Tim Van Patten

Starring: Austin Butler, Callum Turner, Anthony Boyle, Barry Keoghan, Sawyer Spielberg

Rating: 2/5

1971: The Year The Music Changed Everything

Director: Asif Kapadia

4/5

Results

5.30pm: Maiden (TB) Dh82,500 (Dirt) 1,600m, Winner: Panadol, Mickael Barzalona (jockey), Salem bin Ghadayer (trainer)

6.05pm: Maiden (TB) Dh82,500 (Turf) 1,400m, Winner: Mayehaab, Adrie de Vries, Fawzi Nass

6.40pm: Handicap (TB) Dh85,000 (D) 1,600m, Winner: Monoski, Mickael Barzalona, Salem bin Ghadayer

7.15pm: Handicap (TB) Dh102,500 (T) 1,800m, Winner: Eastern World, Royston Ffrench, Charlie Appleby

7.50pm: Handicap (TB) Dh92,500 (D) 1,200m, Winner: Madkal, Adrie de Vries, Fawzi Nass

8.25pm: Handicap (TB) Dh92,500 (T) 1,200m, Winner: Taneen, Dane O’Neill, Musabah Al Muhairi

Confirmed bouts (more to be added)

Cory Sandhagen v Umar Nurmagomedov
Nick Diaz v Vicente Luque
Michael Chiesa v Tony Ferguson
Deiveson Figueiredo v Marlon Vera
Mackenzie Dern v Loopy Godinez

Tickets for the August 3 Fight Night, held in partnership with the Department of Culture and Tourism Abu Dhabi, went on sale earlier this month, through www.etihadarena.ae and www.ticketmaster.ae.

KEY DATES IN AMAZON'S HISTORY

July 5, 1994: Jeff Bezos founds Cadabra Inc, which would later be renamed to Amazon.com, because his lawyer misheard the name as 'cadaver'. In its earliest days, the bookstore operated out of a rented garage in Bellevue, Washington

July 16, 1995: Amazon formally opens as an online bookseller. Fluid Concepts and Creative Analogies: Computer Models of the Fundamental Mechanisms of Thought becomes the first item sold on Amazon

1997: Amazon goes public at $18 a share, which has grown about 1,000 per cent at present. Its highest closing price was $197.85 on June 27, 2024

1998: Amazon acquires IMDb, its first major acquisition. It also starts selling CDs and DVDs

2000: Amazon Marketplace opens, allowing people to sell items on the website

2002: Amazon forms what would become Amazon Web Services, opening the Amazon.com platform to all developers. The cloud unit would follow in 2006

2003: Amazon turns in an annual profit of $75 million, the first time it ended a year in the black

2005: Amazon Prime is introduced, its first-ever subscription service that offered US customers free two-day shipping for $79 a year

2006: Amazon Unbox is unveiled, the company's video service that would later morph into Amazon Instant Video and, ultimately, Amazon Video

2007: Amazon's first hardware product, the Kindle e-reader, is introduced; the Fire TV and Fire Phone would come in 2014. Grocery service Amazon Fresh is also started

2009: Amazon introduces Amazon Basics, its in-house label for a variety of products

2010: The foundations for Amazon Studios were laid. Its first original streaming content debuted in 2013

2011: The Amazon Appstore for Google's Android is launched. It is still unavailable on Apple's iOS

2014: The Amazon Echo is launched, a speaker that acts as a personal digital assistant powered by Alexa

2017: Amazon acquires Whole Foods for $13.7 billion, its biggest acquisition

2018: Amazon's market cap briefly crosses the $1 trillion mark, making it, at the time, only the third company to achieve that milestone

TALE OF THE TAPE

Manny Pacquiao
Record: 59-6-2 (38 KOs)
Age: 38
Weight: 146lbs
Height: 166cm
Reach: 170cm

Jeff Horn
Record: 16-0-1 (11 KOs)
Age: 29
Weight: 146.2lbs
Height: 175cm
Reach: 173cm

Honeymoonish

Director: Elie El Samaan

Starring: Nour Al Ghandour, Mahmoud Boushahri

Rating: 3/5

Company Profile

Name: HyveGeo
Started: 2023
Founders: Abdulaziz bin Redha, Dr Samsurin Welch, Eva Morales and Dr Harjit Singh
Based: Cambridge and Dubai
Number of employees: 8
Industry: Sustainability & Environment
Funding: $200,000 plus undisclosed grant
Investors: Venture capital and government

GRAN TURISMO

Director: Neill Blomkamp

Stars: David Harbour, Orlando Bloom, Archie Madekwe, Darren Barnet

Rating: 3/5

Our legal columnist

Name: Yousef Al Bahar

Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994

Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

Tips for travelling while needing dialysis
  • Inform your doctor about your plans. 
  • Ask about your treatment so you know how it works. 
  • Pay attention to your health if you travel to a hot destination. 
  • Plan your trip well. 

21 Lessons for the 21st Century

Yuval Noah Harari, Jonathan Cape
 

Teaching your child to save

Pre-school (three - five years)

You can’t yet talk about investing or borrowing, but introduce a “classic” money bank and start putting gifts and allowances away. When the child wants a specific toy, have them save for it and help them track their progress.

Early childhood (six - eight years)

Replace the money bank with three jars labelled ‘saving’, ‘spending’ and ‘sharing’. Have the child divide their allowance into the three jars each week and explain their choices in splitting their pocket money. A guide could be 25 per cent saving, 50 per cent spending, 25 per cent for charity and gift-giving.

Middle childhood (nine - 11 years)

Open a bank savings account and help your child establish a budget and set a savings goal. Introduce the notion of ‘paying yourself first’ by putting away savings as soon as your allowance is paid.

Young teens (12 - 14 years)

Change your child’s allowance from weekly to monthly and help them pinpoint long-range goals such as a trip, so they can start longer-term saving and find new ways to increase their saving.

Teenage (15 - 18 years)

Discuss mutual expectations about university costs and identify what they can help fund and set goals. Don’t pay for everything, so they can experience the pride of contributing.

Young adulthood (19 - 22 years)

Discuss post-graduation plans and future life goals, quantify expenses such as first apartment, work wardrobe, holidays and help them continue to save towards these goals.

* JP Morgan Private Bank 

Company Profile

Company name: Cargoz
Date started: January 2022
Founders: Premlal Pullisserry and Lijo Antony
Based: Dubai
Number of staff: 30
Investment stage: Seed

The specs: 2018 Ford Mustang GT

Price, base / as tested: Dh204,750 / Dh241,500
Engine: 5.0-litre V8
Gearbox: 10-speed automatic
Power: 460hp @ 7,000rpm
Torque: 569Nm @ 4,600rpm​​​​​​​
​​​​​​​Fuel economy, combined: 10.3L / 100km

The specs

Engine: 4.0-litre twin-turbo V8
Power: 640hp at 6,000rpm
Torque: 850Nm from 2,300-4,500rpm
Transmission: 8-speed auto
Fuel consumption: 11.9L/100km
Price: Dh749,800
On sale: now

UAE SQUAD

Jemma Eley, Maria Michailidou, Molly Fuller, Chloe Andrews (of Dubai College), Eliza Petricola, Holly Guerin, Yasmin Craig, Caitlin Gowdy (Dubai English Speaking College), Claire Janssen, Cristiana Morall (Jumeirah English Speaking School), Tessa Mies (Jebel Ali School), Mila Morgan (Cranleigh Abu Dhabi).

COMPANY PROFILE

Name: Haltia.ai
Started: 2023
Co-founders: Arto Bendiken and Talal Thabet
Based: Dubai, UAE
Industry: AI
Number of employees: 41
Funding: About $1.7 million
Investors: Self, family and friends

The specs

Engine: 6.5-litre V12 and three electric motors
Power: 1,015hp
Torque: 1,500Nm (estimate)
Transmission: Eight-speed dual-clutch auto
On sale: Early 2024
Price: From Dh2 million (estimate)

Sarfira

Director: Sudha Kongara Prasad

Starring: Akshay Kumar, Radhika Madan, Paresh Rawal

Rating: 2/5

Race card

6pm: Al Maktoum Challenge Round 1 – Group 1 (PA) $50,000 (Dirt) 1,600m
6.35pm: Dubai Racing Club Classic – Handicap (TB) $100,000 (D) 2,410m
7.10pm: Dubawi Stakes – Group 3 (TB) $150,000 (D) 1,200m
7.45pm: Jumeirah Classic Trial – Conditions (TB) $150,000 (Turf) 1,400m
8.20pm: Al Maktoum Challenge Round 1 – Group 2 (TB) $250,000 (D) 1,600m
8.55pm: Al Fahidi Fort – Group 2 (TB) $180,000 (T) 1,400m
9.30pm: Ertijaal Dubai Dash – Listed (TB) $100,000 (T) 1,000m

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

UAE athletes heading to Paris 2024

Equestrian

Abdullah Humaid Al Muhairi, Abdullah Al Marri, Omar Al Marzooqi, Salem Al Suwaidi, and Ali Al Karbi (four to be selected).

Judo
Men: Narmandakh Bayanmunkh (66kg), Nugzari Tatalashvili (81kg), Aram Grigorian (90kg), Dzhafar Kostoev (100kg), Magomedomar Magomedomarov (+100kg); women's Khorloodoi Bishrelt (52kg).

Cycling
Safia Al Sayegh (women's road race).

Swimming

Men: Yousef Rashid Al Matroushi (100m freestyle); women: Maha Abdullah Al Shehi (200m freestyle).

Athletics

Maryam Mohammed Al Farsi (women's 100 metres).

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.”

World Cup final

Who: France v Croatia
When: Sunday, July 15, 7pm (UAE)
TV: Game will be shown live on BeIN Sports for viewers in the Mena region

'Panga'

Directed by Ashwiny Iyer Tiwari

Starring Kangana Ranaut, Richa Chadha, Jassie Gill, Yagya Bhasin, Neena Gupta

Rating: 3.5/5

The specs

The specs: 2019 Audi Q8
Price, base: Dh315,000
Engine: 3.0-litre turbocharged V6
Gearbox: Eight-speed automatic
Power: 340hp @ 3,500rpm
Torque: 500Nm @ 2,250rpm
Fuel economy, combined: 6.7L / 100km
 

Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Kill

Director: Nikhil Nagesh Bhat

Starring: Lakshya, Tanya Maniktala, Ashish Vidyarthi, Harsh Chhaya, Raghav Juyal

Rating: 4.5/5

Profile

Company name: Jaib

Started: January 2018

Co-founders: Fouad Jeryes and Sinan Taifour

Based: Jordan

Sector: FinTech

Total transactions: over $800,000 since January, 2018

Investors in Jaib's mother company Alpha Apps: Aramex and 500 Startups

The Saga Continues

Wu-Tang Clan

(36 Chambers / Entertainment One)

COMPANY PROFILE

Name: Kinetic 7
Started: 2018
Founder: Rick Parish
Based: Abu Dhabi, UAE
Industry: Clean cooking
Funding: $10 million
Investors: Self-funded

COMPANY PROFILE

Name: SmartCrowd
Started: 2018
Founder: Siddiq Farid and Musfique Ahmed
Based: Dubai
Sector: FinTech / PropTech
Initial investment: $650,000
Current number of staff: 35
Investment stage: Series A
Investors: Various institutional investors and notable angel investors (500 MENA, Shurooq, Mada, Seedstar, Tricap)

Fifa World Cup Qatar 2022

First match: November 20
Final 16 round: December 3 to 6
Quarter-finals: December 9 and 10
Semi-finals: December 13 and 14
Final: December 18

Getting there

Etihad Airways flies daily to the Maldives from Abu Dhabi. The journey takes four hours and return fares start from Dh3,995. Opt for the 3am flight and you’ll land at 6am, giving you the entire day to adjust to island time.  

Round trip speedboat transfers to the resort are bookable via Anantara and cost $265 per person.  

How the UAE gratuity payment is calculated now

Employees leaving an organisation are entitled to an end-of-service gratuity after completing at least one year of service.

The tenure is calculated on the number of days worked and does not include lengthy leave periods, such as a sabbatical. If you have worked for a company between one and five years, you are paid 21 days of pay based on your final basic salary. After five years, however, you are entitled to 30 days of pay. The total lump sum you receive is based on the duration of your employment.

1. For those who have worked between one and five years, on a basic salary of Dh10,000 (calculation based on 30 days):

a. Dh10,000 ÷ 30 = Dh333.33. Your daily wage is Dh333.33

b. Dh333.33 x 21 = Dh7,000. So 21 days salary equates to Dh7,000 in gratuity entitlement for each year of service. Multiply this figure for every year of service up to five years.

2. For those who have worked more than five years

c. 333.33 x 30 = Dh10,000. So 30 days’ salary is Dh10,000 in gratuity entitlement for each year of service.

Note: The maximum figure cannot exceed two years total salary figure.


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