Shagufta Rafique dancing her way to the top of Bollywood with Jannat 2


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The film Jannat 2 has grossed nearly Dh1m in the UAE since its release. With a Dh1.6million opening weekend in its hometown of Mumbai and similar success in other desi capitals across the globe, the Emraan Hashmi-starrer raked in money right from the start.

The cast and crew were in the city earlier this month for the UAE premiere. The press conference - which I had missed - seemed to have featured some bizarre gun-toting. The plot revolves around illegal arms and the promoters had wangled firearms for the event. By the time I came in, various guests were posing with the guns. To add to the curiosity of the situation, journalists and photographers were scrambling to get that photo/quote/sound bite from the lead actress and debutante Esha Gupta. Granted she looked flawless in her cream dress and asymmetric hairdo, but with no other films to speak of, I wondered what I would ask her. So I decided to skip it.

Instead, my eyes were drawn to a quietly composed lady at the back of the room. Dressed casually in a kurta and jeans, she looked interested enough to be assumed part of the cast or crew, yet detached enough to make you think your assumption might be wrong.

Had I not missed the press conference, I would have known that this was Shagufta Rafique, the scriptwriter of Jannat 2. Mahesh Bhatt, the director and producer, pointed her out to me as he told me the story of how she came to his office one day "like a struggler, looking frail and vulnerable, but with a fierce conviction in her eyes". Bhatt gave her a chance. She co-wrote a few films with him, moved on to writing one entirely by herself (Murder 2) and then was assigned Jannat 2.

"She was responsible for the project being given the green light," Mahesh revealed, "because she mesmerised the right people with the initial scenes she had worked out." And then he hit me with the words that made me do a double take: "I am very happy that this girl has now become a writer to reckon with and that tonight she will walk on the red carpet in the same city where she used to be a bar dancer once upon a time."

Bar dancer?! I shifted nervously. In a city where everyone seems to have been born wearing Prada, we're not used to skeletons being dragged out of the closet so casually. I waited for Shagufta to express her outrage at the liberty her producer was taking in divulging her Prada-free past. Instead, she smiled warmly.

"I've always taken pride in doing well whatever I do," she beamed. "When Bhatt gave me the chance to write, I vowed to do nothing less than my best, which is exactly what I did when I was a bar dancer. I'm proud to say that - just like I am great at what I do now - I was the best at what I did back then. A lot of people judged me, but I had nothing to prove to anyone. It's something I had to do because my family fell on tough times, and that's that. And funny how times change. Tonight I'm going to be walking the red carpet, being cheered on by the same people who I used to dance for."

After a few minutes, Shagufta excused herself to go back to her room before the evening's premiere. It's not like anybody was going to miss her, right? After all, there was the sparkly Esha Gupta. We do live in a world where the story of a model-turned-actress is far more riveting than that of a bar dancer-turned-scriptwriter. More's the pity.

LIVERPOOL SQUAD

Alisson Becker, Virgil van Dijk, Georginio Wijnaldum, James Milner, Naby Keita, Roberto Firmino, Sadio Mane, Mohamed Salah, Joe Gomez, Adrian, Jordan Henderson, Alex Oxlade-Chamberlain, Adam Lallana, Andy Lonergan, Xherdan Shaqiri, Andy Robertson, Divock Origi, Curtis Jones, Trent Alexander-Arnold, Neco Williams

'My Son'

Director: Christian Carion

Starring: James McAvoy, Claire Foy, Tom Cullen, Gary Lewis

Rating: 2/5

RESULTS

6.30pm UAE 1000 Guineas Trial Conditions (TB) US$100,000 (Dirt) 1,400m

Winner Final Song, Christophe Soumillon (jockey), Saeed bin Suroor (trainer).

7.05pm Handicap (TB) $135,000 (Turf) 1,000m

Winner Almanaara, Dane O’Neill, Doug Watson.

7.40pm Handicap (TB) $175,000 (D) 1,900m

Winner Grand Argentier, Brett Doyle, Doug Watson.

8.15pm Meydan Challenge Listed Handicap (TB) $175,000 (T) 1,400m

Winner Major Partnership, Patrick Cosgrave, Saeed bin Suroor.

8.50pm Dubai Stakes Group 3 (TB) $200,000 (D) 1,200m

Winner Gladiator King, Mickael Barzalona, Satish Seemar.

9.25pm Dubai Racing Club Classic Listed Handicap (TB) $175,000 (T) 2,410m

Winner Universal Order, Richard Mullen, David Simcock.

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.”

SERIE A FIXTURES

Saturday (All UAE kick-off times)

Cagliari v AC Milan (6pm)

Lazio v Napoli (9pm)

Inter Milan v Atalanta (11.45pm)

Sunday

Udinese v Sassuolo (3.30pm)

Sampdoria v Brescia (6pm)

Fiorentina v SPAL (6pm)

Torino v Bologna (6pm)

Verona v Genoa (9pm)

Roma V Juventus (11.45pm)

Parma v Lecce (11.45pm)

 

 

Dubai Rugby Sevens

November 30, December 1-2
International Vets
Christina Noble Children’s Foundation fixtures

Thursday, November 30:

10.20am, Pitch 3, v 100 World Legends Project
1.20pm, Pitch 4, v Malta Marauders

Friday, December 1:

9am, Pitch 4, v SBA Pirates

War 2

Director: Ayan Mukerji

Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana

Rating: 2/5