The beauty spy



It's as important to refresh your beauty products as it is to have a wardrobe overhaul every now and again.Right now, I'm replenishing my bathroom cabinet with the latest, climate-appropriate products, and fortunately I have some of world's best skincare experts on speed dial, including Dr David Orentreich, the charming New York dermatologist who gave me the perfect excuse to go shopping. "It is important to change your skin care to suit the changes in temperature, humidity and sun exposure," he tells me. "Sun protection is necessary all year round. A large proportion of skin damage happens when people are walking around, unprotected, rather than when they are lying on the beach when they are careful to use a sunscreen. For moisturisers, use lighter formulations in the warmer, humid months, and richer, and more hydrating formulations when the weather gets cooler." Sisley's All Day, All Year (Dh1,462) is the one I'll be using now that I'm spending more time outdoors. It's a moisturiser that protects my skin from the appalling, dehydrating effects of air-conditioning, as well as offering sun protection. I'll also be applying a good eye cream to fend off the crow's feet and dark circles; SK-II's Signs Eye Cream (Dh349) is my current favourite - and an age-fighting skin serum. I'm addicted to serums. They're packed with antioxidants and skin-brightening ingredients, and the more I use them, the smoother my forehead will be when I am old? so I tell myself. My skin is extremely happy with Crème de la Mer's Radiant Infusion (Dh411) but I can't wait to get my hands on the new Supreme Maintenance Serum from Dr Sebagh (aka The King of Botox), who makes incredible skincare products. This one is due out this month and promises to be his best yet. Dr Orentreich also says, "The lips can become dry when you spend more time outdoors. Avoid licking your lips and, to keep them moist, apply emollients in layers: a coat of lip balm followed by a moisturising lipstick, topped with a layer of lipgloss. And exfoliate the lips and skin around." Clinique's All About Lips (Dh88) is, he says, one of the best for "melting" flakiness away. For moisture, I find Eve Lom's Kiss Mix lip balm (Dh 71) the most pleasing.

"Many women do too much to their skin, layering on make-up, then removing it with cleansers and applying moisturisers on top. I recommend a simple regime that is based on thorough cleansing and exfoliation. These are the most important parts of any skincare regime and most people just don't do them regularly. This is a big mistake, because by regularly exfoliating, dead skin cells are removed so the skin can breathe better and the cell-renewal process will be in balance, which is the key to a fresh, young-looking complexion. Regular cleansing also helps pores to shrink and fights cystic blemishes and skin inflammation. Applying too much moisturiser will clog the pores, and lead to whiteheads. Use cleanser once a day, at night, for normal/dry types and twice a day, morning and night, for oily/very oily.

Red lipsticks... The one make-up item no girl should be without Chanel - Rouge Hydrabase in Barcelona Red, Dh100 MAC Lipstick in Lady Danger, Dh65 Estée Lauder Pure Colour Long Lasting Lipstick in Classic Red, Dh88 (All available from Paris Gallery, Abu Dhabi, and Harvey Nichols, Dubai)

As a fan of John Galliano's sublime fashion creations, I had to put my name down for his first-ever fragrance. No surprise that this dark, romantic perfume, in a beautifully sculptured glass bottle, is a work of art. It's available exclusively by mail order from Harrods (www.harrods.com), and priced £69.

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
US Industrial Market figures, Q1 2017

Vacancy Rate 5.4%

Markets With Positive Absorption 85.7 per cent

New Supply 55 million sq ft

New Supply to Inventory 0.4 per cent

Under Construction 198.2 million sq ft

(Source: Colliers)

How has net migration to UK changed?

The figure was broadly flat immediately before the Covid-19 pandemic, standing at 216,000 in the year to June 2018 and 224,000 in the year to June 2019.

It then dropped to an estimated 111,000 in the year to June 2020 when restrictions introduced during the pandemic limited travel and movement.

The total rose to 254,000 in the year to June 2021, followed by steep jumps to 634,000 in the year to June 2022 and 906,000 in the year to June 2023.

The latest available figure of 728,000 for the 12 months to June 2024 suggests levels are starting to decrease.

Founders: Ines Mena, Claudia Ribas, Simona Agolini, Nourhan Hassan and Therese Hundt

Date started: January 2017, app launched November 2017

Based: Dubai, UAE

Sector: Private/Retail/Leisure

Number of Employees: 18 employees, including full-time and flexible workers

Funding stage and size: Seed round completed Q4 2019 - $1m raised

Funders: Oman Technology Fund, 500 Startups, Vision Ventures, Seedstars, Mindshift Capital, Delta Partners Ventures, with support from the OQAL Angel Investor Network and UAE Business Angels

Countdown to Zero exhibition will show how disease can be beaten

Countdown to Zero: Defeating Disease, an international multimedia exhibition created by the American Museum of National History in collaboration with The Carter Center, will open in Abu Dhabi a  month before Reaching the Last Mile.

Opening on October 15 and running until November 15, the free exhibition opens at The Galleria mall on Al Maryah Island, and has already been seen at the Jimmy Carter Presidential Library and Museum in Atlanta, the American Museum of Natural History in New York, and the London School of Hygiene and Tropical Medicine.

 

MISSION: IMPOSSIBLE – FINAL RECKONING

Director: Christopher McQuarrie

Starring: Tom Cruise, Hayley Atwell, Simon Pegg

Rating: 4/5

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.”

House-hunting

Top 10 locations for inquiries from US house hunters, according to Rightmove

  1. Edinburgh, Scotland 
  2. Westminster, London 
  3. Camden, London 
  4. Glasgow, Scotland 
  5. Islington, London 
  6. Kensington and Chelsea, London 
  7. Highlands, Scotland 
  8. Argyll and Bute, Scotland 
  9. Fife, Scotland 
  10. Tower Hamlets, London 

 

The Dictionary of Animal Languages
Heidi Sopinka
​​​​​​​Scribe

Skewed figures

In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458. 

Tightening the screw on rogue recruiters

The UAE overhauled the procedure to recruit housemaids and domestic workers with a law in 2017 to protect low-income labour from being exploited.

 Only recruitment companies authorised by the government are permitted as part of Tadbeer, a network of labour ministry-regulated centres.

A contract must be drawn up for domestic workers, the wages and job offer clearly stating the nature of work.

The contract stating the wages, work entailed and accommodation must be sent to the employee in their home country before they depart for the UAE.

The contract will be signed by the employer and employee when the domestic worker arrives in the UAE.

Only recruitment agencies registered with the ministry can undertake recruitment and employment applications for domestic workers.

Penalties for illegal recruitment in the UAE include fines of up to Dh100,000 and imprisonment

But agents not authorised by the government sidestep the law by illegally getting women into the country on visit visas.

UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions