A reclining Kate Moss, Mick Jagger and Keith Richards in a friendly embrace, and images of model and actress Cara Delevingne – these are just a few iconic works by world-famous photographer Mario Testino that go on display in Dubai this week.
The show features 33 images, seven which have never been shown in an exhibition before, presented in a custom-made temporary structure at d3 (Dubai’s design district).
The celebrity portraits will hang alongside remarkable shots from his Alta Moda series, taken in his native Peru and first shown in his eponymous museum in Lima in 2013.
Curated by Simon de Pury, a renowned Swiss art auctioneer, adviser and collector, the show sets out to somehow condense Testino’s large oeuvre.
“We wanted it to be a mini retrospective of Mario’s work,” says de Pury. “We chose some of his strongest and most-iconic images, some earlier work and the Peruvian ones.
“We wanted a show that would be coherent within itself, so you can appreciate it whether you are a Testino connoisseur or seeing his work for the first time.”
This is the first time Testino’s work has been exhibited in the Middle East. The idea was born about a year ago, when the photographer and de Pury were having dinner with Khalid Al Mheiri, the Emirati owner and founder of Ginza Fashion Group, in Scott’s restaurant in London.
The three had been friends for some time and Al Mheiri, who has a keen interest in photography, proposed the idea of exhibiting Testino’s work in Dubai.
“Testino’s work is dynamic and fresh; characteristics that are identifiable in Dubai,” says Al Mheiri. “We wanted to bring this artist, someone whom I admire greatly, to the Gulf for the first time and give locals the opportunity to see a Testino solo show.
“We have a responsibility to celebrate the arts and I am proud to be a part of this first-time project that brings Testino to our community of artists, enthusiasts, patrons, budding photographers and art collectors in the UAE.”
Describing Al Mheiri as a “man of action”, de Pury says that he was quickly drafted in as the curator, having had much experience with Testino’s work.
He curated two London exhibitions for Testino and one in New York through his art advisory company, de Pury de Pury, which he co-runs with his wife, Michaela de Pury.
The title of this exhibition is Heat – one that Testino chose to reflect the overpowering temperatures of the UAE, as well as the cultural climate.
“Mario was very much involved at every stage,” says de Pury. “He is a cultural impresario and we wanted that to be visible in the exhibition.
“He is also very particular about titles. He has had many books published by Taschen and they all have quite amazing titles – Mario chose them all himself.”
Q&A with Mario Testino
How do you feel about the upcoming show?
Of course I am excited for many reasons. I have been to Dubai before but this experience will be very different, as it will be my first exhibition in the region. I hear so much about the developing cultural and creative scenes and it will be interesting to witness that first-hand. It’s great when anywhere makes a conscious effort to support the creative sector.
Would you describe yourself as a photographeror an artist?
I feel the two are definitely linked – but in many ways I don’t want to ever box myself in to one thing. I always say I want to be nothing in order to be everything. I don’t want to limit myself.
As well as iconic celebrity shots, we are also going to see some of your work from Peru. Can you tell me what that work means to you personally?
It means so much. In this show will be some works from my Alta Moda series, which is a body of work I created over a five-year period after I discovered an archive of traditional costumes in the mountainous region of Cusco – one of the highest in Peru. The costumes have so much about them, every detail tells a story and they have been carried down over generations. It’s an important aspect of our culture and I felt I was in a position to document and then share them. It’s interesting how people reacted to them, as it was almost taken for granted before – I guess in the race of modern life – but when people saw these works, they really connected with them and I feel they connected with their heritage too. I think heritage is so important and should be protected.
To what extent were you involved in making the final selection of images to bring to Dubai?
When one works with a curator, one really needs to allow them to do their work. Simon is, however, very collaborative. We have worked together many times before and staged many shows of my work, so he understands me – but he also knows how to challenge and to try something new, so I am open to that.
• Heat opens on Thursday, February 25, and runs until April 15 at d3. Saturday to Thursday from 10am to 10pm. Entry is free
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Name: Almnssa
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Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
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Shower or bath after being outside.
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Stay indoors when conditions are particularly poor.
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8 traditional Jamaican dishes to try at Kingston 21
- Trench Town Rock: Jamaican-style curry goat served in a pastry basket with a carrot and potato garnish
- Rock Steady Jerk Chicken: chicken marinated for 24 hours and slow-cooked on the grill
- Mento Oxtail: flavoured oxtail stewed for five hours with herbs
- Ackee and salt fish: the national dish of Jamaica makes for a hearty breakfast
- Jamaican porridge: another breakfast favourite, can be made with peanut, cornmeal, banana and plantain
- Jamaican beef patty: a pastry with ground beef filling
- Hellshire Pon di Beach: Fresh fish with pickles
- Out of Many: traditional sweet potato pudding
How Tesla’s price correction has hit fund managers
Investing in disruptive technology can be a bumpy ride, as investors in Tesla were reminded on Friday, when its stock dropped 7.5 per cent in early trading to $575.
It recovered slightly but still ended the week 15 per cent lower and is down a third from its all-time high of $883 on January 26. The electric car maker’s market cap fell from $834 billion to about $567bn in that time, a drop of an astonishing $267bn, and a blow for those who bought Tesla stock late.
The collapse also hit fund managers that have gone big on Tesla, notably the UK-based Scottish Mortgage Investment Trust and Cathie Wood’s ARK Innovation ETF.
Tesla is the top holding in both funds, making up a hefty 10 per cent of total assets under management. Both funds have fallen by a quarter in the past month.
Matt Weller, global head of market research at GAIN Capital, recently warned that Tesla founder Elon Musk had “flown a bit too close to the sun”, after getting carried away by investing $1.5bn of the company’s money in Bitcoin.
He also predicted Tesla’s sales could struggle as traditional auto manufacturers ramp up electric car production, destroying its first mover advantage.
AJ Bell’s Russ Mould warns that many investors buy tech stocks when earnings forecasts are rising, almost regardless of valuation. “When it works, it really works. But when it goes wrong, elevated valuations leave little or no downside protection.”
A Tesla correction was probably baked in after last year’s astonishing share price surge, and many investors will see this as an opportunity to load up at a reduced price.
Dramatic swings are to be expected when investing in disruptive technology, as Ms Wood at ARK makes clear.
Every week, she sends subscribers a commentary listing “stocks in our strategies that have appreciated or dropped more than 15 per cent in a day” during the week.
Her latest commentary, issued on Friday, showed seven stocks displaying extreme volatility, led by ExOne, a leader in binder jetting 3D printing technology. It jumped 24 per cent, boosted by news that fellow 3D printing specialist Stratasys had beaten fourth-quarter revenues and earnings expectations, seen as good news for the sector.
By contrast, computational drug and material discovery company Schrödinger fell 27 per cent after quarterly and full-year results showed its core software sales and drug development pipeline slowing.
Despite that setback, Ms Wood remains positive, arguing that its “medicinal chemistry platform offers a powerful and unique view into chemical space”.
In her weekly video view, she remains bullish, stating that: “We are on the right side of change, and disruptive innovation is going to deliver exponential growth trajectories for many of our companies, in fact, most of them.”
Ms Wood remains committed to Tesla as she expects global electric car sales to compound at an average annual rate of 82 per cent for the next five years.
She said these are so “enormous that some people find them unbelievable”, and argues that this scepticism, especially among institutional investors, “festers” and creates a great opportunity for ARK.
Only you can decide whether you are a believer or a festering sceptic. If it’s the former, then buckle up.
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UAE's role in anti-extremism recognised
General John Allen, President of the Brookings Institution research group, commended the role the UAE has played in the fight against terrorism and violent extremism.
He told a Globsec debate of the UAE’s "hugely outsized" role in the fight against Isis.
"It’s trite these days to say that any country punches above its weight, but in every possible way the Emirates did, both militarily, and very importantly, the UAE was extraordinarily helpful on getting to the issue of violent extremism," he said.
He also noted the impact that Hedayah, among others in the UAE, has played in addressing violent extremism.
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Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
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