Director Roberto Orci won’t return as director for Star Trek 3. Alberto E Rodriguez / Getty Images / AFP
Director Roberto Orci won’t return as director for Star Trek 3. Alberto E Rodriguez / Getty Images / AFP
Director Roberto Orci won’t return as director for Star Trek 3. Alberto E Rodriguez / Getty Images / AFP
Director Roberto Orci won’t return as director for Star Trek 3. Alberto E Rodriguez / Getty Images / AFP

Roberto Orci won’t be directing Star Trek 3


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Roberto Orci won't be directing Star Trek 3, the filmmaker's representatives said on Saturday. An explanation was not given for his departure, but the script is thought to be the reason – apparently Paramount was not on board with some of the plot lines. Edgar Wright (Shaun of the Dead) is being mentioned as a potential director, as well as Joe Cornish, who was also in the running for director before Orci was announced. Orci will be staying on as producer for Star Trek 3, which is due out in 2016. – The National staff

Marilyn Monroe’s lost love letters sold for $121,000

Joe DiMaggio’s love letter to Marilyn Monroe has sold for US$78,125 (Dh286,953) at a Beverly Hills auction. Julien’s Auctions in Beverly Hills says the letter, written by the baseball great after Monroe announced she was divorcing him, was sold on Saturday to an undisclosed buyer. The letter from their brief, volatile marriage was among 300 items, dubbed Marilyn Monroe’s Lost Archives, that went on the block. A handwritten letter from Monroe to her third and final husband, the playwright Arthur Miller, sold for $43,750. Monroe, who died of a drug overdose at age the age of 36 in 1962, left the collection of letters to her mentor, the legendary acting coach Lee Strasberg. – AP

Farhan Akhtar planning new period drama

The Bollywood actor, filmmaker and singer Farhan Akhtar plans to work on a movie set in pre-independence India, which he says will have universal appeal, The Hindu newspaper reported. "The film that I have in mind is a period drama in India in 1905," said the 40-year-old star. "In terms of the content, I feel it is definitely going to be something that appeals to everyone, regardless of culture and language." Akhtar made his directorial debut with the much acclaimed Dil Chahta Hai in 2001 and began his acting career seven years later with the music drama Rock On!, which went on to become a blockbuster. – The National staff

Two and a Half Men to end on February 19

After 12 seasons and numerous cast changes, the TV sitcom Two and a Half Men is officially coming to an end on February 19. The series will conclude with a special one-hour episode following The Big Bang Theory. During its run, the show, which currently stars Ashton Kutcher and Jon Cryer, ranked for years as television's most-watched comedy. It also earned 47 Emmy Award nominations with numerous wins and grabbed People's Choice Awards for Favourite TV Comedy multiple times. Though ratings for the series have declined over the years, the series creator Chuck Lorre has already delivered on bringing some "very big surprises". The latest season has already seen Cryer reprise his Pretty in Pink role as well as Kutcher proposing to Cryer. And with some reports saying Charlie Sheen, who was later replaced by Kutcher, is interested to return, it could turn out to be a pretty unforgettable goodbye for the fans of the show. – IANS

Deerhunter frontman injured in car accident

The frontman of the critically acclaimed US indie rock band Deerhunter has been injured after being hit by a car. The singer and guitarist Bradford Cox posted a picture of himself on Instagram from a hospital bed with a large brace covering his neck. "Still waiting for X-Ray results or any real diagnoses. Can't move much. Incredible pain," Cox wrote online. Cox, 32, said that he was hit by a car and showed a picture of his father looking after him at the hospital in their home city of Atlanta. The band have no concert dates after completing a tour to promote last year's album Monomania and opening two arena shows earlier this year for Arctic Monkeys. Deerhunter have developed a following through six albums of noisy but ambient guitar-based rock, with Cox singing in a stream-of-consciousness style without writing down lyrics beforehand. Cox has abnormally long legs due to Marfan syndrome, a genetic disorder. – AFP

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.”

How it works

Each player begins with one of the great empires of history, from Julius Caesar's Rome to Ramses of Egypt, spread over Europe and the Middle East.

Round by round, the player expands their empire. The more land they have, the more money they can take from their coffers for each go.

As unruled land and soldiers are acquired, players must feed them. When a player comes up against land held by another army, they can choose to battle for supremacy.

A dice-based battle system is used and players can get the edge on their enemy with by deploying a renowned hero on the battlefield.

Players that lose battles and land will find their coffers dwindle and troops go hungry. The end goal? Global domination of course.

Red flags
  • Promises of high, fixed or 'guaranteed' returns.
  • Unregulated structured products or complex investments often used to bypass traditional safeguards.
  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching

The specs

Engine: 2-litre 4-cylinder and 3.6-litre 6-cylinder

Power: 220 and 280 horsepower

Torque: 350 and 360Nm

Transmission: eight-speed automatic

Price: from Dh136,521 VAT and Dh166,464 VAT 

On sale: now

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

MATCH INFO

Tottenham Hotspur 3 (Son 1', Kane 8' & 16') West Ham United 3 (Balbuena 82', Sanchez og 85', Lanzini 90' 4)

Man of the match Harry Kane

Everything Now

Arcade Fire

(Columbia Records)

THE BIO

Ms Al Ameri likes the variety of her job, and the daily environmental challenges she is presented with.

Regular contact with wildlife is the most appealing part of her role at the Environment Agency Abu Dhabi.

She loves to explore new destinations and lives by her motto of being a voice in the world, and not an echo.

She is the youngest of three children, and has a brother and sister.

Her favourite book, Moby Dick by Herman Melville helped inspire her towards a career exploring  the natural world.

THE BIO

Favourite author - Paulo Coelho 

Favourite holiday destination - Cuba 

New York Times or Jordan Times? NYT is a school and JT was my practice field

Role model - My Grandfather 

Dream interviewee - Che Guevara

Getting%20there%20and%20where%20to%20stay
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Abu Dhabi GP Saturday schedule

12.30pm GP3 race (18 laps)

2pm Formula One final practice 

5pm Formula One qualifying

6.40pm Formula 2 race (31 laps)

Electric scooters: some rules to remember
  • Riders must be 14-years-old or over
  • Wear a protective helmet
  • Park the electric scooter in designated parking lots (if any)
  • Do not leave electric scooter in locations that obstruct traffic or pedestrians
  • Solo riders only, no passengers allowed
  • Do not drive outside designated lanes
SPEC%20SHEET%3A%20SAMSUNG%20GALAXY%20S23%20ULTRA
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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. 

SPEC%20SHEET
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INDIA SQUADS

India squad for third Test against Sri Lanka
Virat Kohli (capt), Murali Vijay, Lokesh Rahul, Shikhar Dhawan, Cheteshwar Pujara, Ajinkya Rahane, Rohit Sharma, Wriddhiman Saha, Ravichandran Ashwin, Ravindra Jadeja, Kuldeep Yadav, Mohammed Shami, Umesh Yadav, Ishant Sharma, Vijay Shankar

India squad for ODI series against Sri Lanka
Rohit Sharma (capt), Shikhar Dhawan, Ajinkya Rahane, Shreyas Iyer, Manish Pandey, Kedar Jadhav, Dinesh Karthik, Mahendra Singh Dhoni, Hardik Pandya, Axar Patel, Kuldeep Yadav, Yuzvendra Chahal, Jasprit Bumrah, Bhuvneshwar Kumar, Siddarth Kaul

SPEC%20SHEET%3A%20APPLE%20IPHONE%2015%20PRO%20MAX
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