• FILE - In this June 28, 2015, file photo, Janet Jackson accepts the ultimate icon: music dance visual award at the BET Awards in Los Angeles. Jackson announced Thursday, Dec. 24, 2015, that she was postponing all upcoming dates on her “Unbreakable” world tour until the spring so that she could have surgery for an undisclosed medical condition. (Photo by Chris Pizzello/Invision/AP, File)
    FILE - In this June 28, 2015, file photo, Janet Jackson accepts the ultimate icon: music dance visual award at the BET Awards in Los Angeles. Jackson announced Thursday, Dec. 24, 2015, that she was postponing all upcoming dates on her “Unbreakable” world tour until the spring so that she could have surgery for an undisclosed medical condition. (Photo by Chris Pizzello/Invision/AP, File)
  • Indian Bollywood actor Shah Rukh Khan poses during the trailer launch of his forthcoming Hindi film ‘Fan’ directed by Maneesh Sharma and produced by Aditya Chopra in Mumbai late February 29, 2016. AFP PHOTO/Sujit JAISWAL
    Indian Bollywood actor Shah Rukh Khan poses during the trailer launch of his forthcoming Hindi film ‘Fan’ directed by Maneesh Sharma and produced by Aditya Chopra in Mumbai late February 29, 2016. AFP PHOTO/Sujit JAISWAL
  • This image released by Bleecker Street shows Michael Shannon as Elvis, left, and Kevin Spacey as Richard Nixon in a scene from "Elvis & Nixon." The comedy about the 1970 meeting between the King of Rock ‘n’ Roll and the president, will debut at the Tribeca Film Festival. The 15th annual Tribeca Film Festival runs April 13-24. (Steve Dietl/Bleecker Street via AP)
    This image released by Bleecker Street shows Michael Shannon as Elvis, left, and Kevin Spacey as Richard Nixon in a scene from "Elvis & Nixon." The comedy about the 1970 meeting between the King of Rock ‘n’ Roll and the president, will debut at the Tribeca Film Festival. The 15th annual Tribeca Film Festival runs April 13-24. (Steve Dietl/Bleecker Street via AP)
  • FILE - In this July 11, 2011 file photo, Q-tip performs in New York. Hip hop is heading to the Kennedy Center, this time, to stay. Fresh off last year’s critically acclaimed performance by Kendrick Lamar with the National Symphony Orchestra, the Kennedy Center for the Performing Arts announced Tuesday, March 8, 2016, that veteran rapper and producer Q-Tip will join the institution as its artistic director for hip hop culture. Hip hop will also be added to the center’s core programming. The announcement was made as the Kennedy Center released details of the more than 2,000 performances that will be staged there during the 2016-2017 season. (AP Photo/Frank Franklin II, File)
    FILE - In this July 11, 2011 file photo, Q-tip performs in New York. Hip hop is heading to the Kennedy Center, this time, to stay. Fresh off last year’s critically acclaimed performance by Kendrick Lamar with the National Symphony Orchestra, the Kennedy Center for the Performing Arts announced Tuesday, March 8, 2016, that veteran rapper and producer Q-Tip will join the institution as its artistic director for hip hop culture. Hip hop will also be added to the center’s core programming. The announcement was made as the Kennedy Center released details of the more than 2,000 performances that will be staged there during the 2016-2017 season. (AP Photo/Frank Franklin II, File)
  • A handout photo of Ray Sybert (Casey Affleck) and Tchuda Southerland (Josh Stewart) struggle to keep their ship, the SS Pendleton, from sinking in Disney's THE FINEST HOURS, the heroic action-thriller presented in Digital 3D (TM) and IMAX (c) 3D based on the extrordinary tur story of the most daring rescue mission in the history of the Coast Guard. (Claire Folger / Disney)
    A handout photo of Ray Sybert (Casey Affleck) and Tchuda Southerland (Josh Stewart) struggle to keep their ship, the SS Pendleton, from sinking in Disney's THE FINEST HOURS, the heroic action-thriller presented in Digital 3D (TM) and IMAX (c) 3D based on the extrordinary tur story of the most daring rescue mission in the history of the Coast Guard. (Claire Folger / Disney)
  • BEVERLY HILLS, CA - MARCH 07: Gymnast Gabby Douglas poses for a portrait at the 2016 Team USA Media Summit at The Beverly Hilton Hotel on March 7, 2016 in Beverly Hills, California. Sean M. Haffey/Getty Images/AFP== FOR NEWSPAPERS, INTERNET, TELCOS & TELEVISION USE ONLY ==
    BEVERLY HILLS, CA - MARCH 07: Gymnast Gabby Douglas poses for a portrait at the 2016 Team USA Media Summit at The Beverly Hilton Hotel on March 7, 2016 in Beverly Hills, California. Sean M. Haffey/Getty Images/AFP== FOR NEWSPAPERS, INTERNET, TELCOS & TELEVISION USE ONLY ==
  • FILE - In this Oct. 26, 2015 file photo, Curtis "50 Cent" Jackson arrives at Media's Tribute to African-American Achievements in Television in Beverly Hills, Calif. Judge Ann Nevins has ordered the rapper to appear in bankruptcy court in Hartford, Conn., on Wednesday, March 9, 2016, to explain Instagram photos, with one depicting him next to piles of cash arranged to spell out "broke." Jackson filed for bankruptcy last year after a New York City jury ordered him to pay $7 million to a woman who said he posted her sex tape online. (Photo by Rich Fury/Invision/AP, File)
    FILE - In this Oct. 26, 2015 file photo, Curtis "50 Cent" Jackson arrives at Media's Tribute to African-American Achievements in Television in Beverly Hills, Calif. Judge Ann Nevins has ordered the rapper to appear in bankruptcy court in Hartford, Conn., on Wednesday, March 9, 2016, to explain Instagram photos, with one depicting him next to piles of cash arranged to spell out "broke." Jackson filed for bankruptcy last year after a New York City jury ordered him to pay $7 million to a woman who said he posted her sex tape online. (Photo by Rich Fury/Invision/AP, File)
  • DURBAN, NATAL - MARCH 27: Miss UK, Niharica Raizada, a contestant for the 'Miss India Worldwide 2010 Finals' attends a photocall at rehearsals at the Durban International Convention Centre on March 27, 2010 in Durban, South Africa. (Photo by Michelly Rall/Getty Images)
    DURBAN, NATAL - MARCH 27: Miss UK, Niharica Raizada, a contestant for the 'Miss India Worldwide 2010 Finals' attends a photocall at rehearsals at the Durban International Convention Centre on March 27, 2010 in Durban, South Africa. (Photo by Michelly Rall/Getty Images)

The fate of Jon Snow revealed?


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Fans desperate to know the fate of Game of Thrones hero Jon Snow may have their answer in the new trailer for the show and it's not looking good for the felled warrior. Played by the 29-year-old British actor Kit Harington, Snow was stabbed at the end of season five, sparking months of debate on social media about whether he was really dead. HBO's new trailer for season six opens and closes with what appears to be a lifeless Snow, his body lying in a puddle of his own blood. The 100-second trailer serves up a smorgasbord of violence, gore and more violence as viewers are given glimpses of several future storylines in rapid succession. As the trailer ends, Davos Seaworth says: "I've never been much of a fighter. Apologies for what you're about to see," unsheathing Snow's sword as he stands over his body. Reports that Harington was spotted on the set of season six fuelled speculation of Snow's return. Though he doesn't look like he has much fight left in him, the new footage will do little to end speculation among the Emmy-winning show's fans that Snow will somehow pull through. The #GameofThrones Twitter hashtag began trending worldwide soon after the trailer's release, with speculation rife that all was not as it seemed. -AFP

Janet Jackson cancels European tour, date still set for Dubai

Janet Jackson has cancelled a planned European tour, the latest sudden change in her schedule since she reported an undisclosed illness in December. Jackson removed all dates of her European tour from her website, which was set to begin on March 30 in Birmingham, England. She offered no explanation and her representatives did not comment. Several ticket holders wrote on social media that they had received email notices from promoters that no new dates would be scheduled and that fans would be offered refunds. Jackson’s website still lists her US shows, which are scheduled to resume on May 14 in Las Vegas, as well as a recently announced March 26 performance to close the Dubai World Cup horse race. – AFP

Shar Rukh Khan tweets job offer to fan

Superstar Shah Rukh Khan, who is gearing up for the release of his new movie Fan, has offered a job to one of his real-life fans who created his own version of the film's trailer. It was shared on Twitter this week by Shivam Jemini. "Giving all my love to my inspiration on my birthday. A 'Fan' trailer by a fan. Hope you see it, Shah Rukh Khan," Jemini wrote. In the description of the video on YouTube, Jemini mentioned that he was inspired to learn visual effects because of Khan's company, Red Chillies VFX. Khan saw the trailer and tweeted: "Come and work with us at the VFX studio, man. Well done." Khan's latest movie revolves around a young boy from Delhi who embarks on a journey to the city of dreams, Mumbai, to wish his favourite actor a happy birthday. Directed by Maneesh Sharma and produced by Aditya Chopra, the movie also features Shriya Pilgaonkar. It's due for release on April 15. – IANS

Elvis & Nixon takes centre stage at Tribeca

Elvis & Nixon, a comedy about the 1970 meeting between the king of rock 'n' roll and the president, will have its premiere at the Tribeca Film Festival in New York. Liza Johnson's film, which stars Michael Shannon as Elvis Presley and Kevin Spacey as Richard Nixon, will be Tribeca's centrepiece. Other notable films screening during the event include Katie Holmes's directorial debut, All We Had; street-art documentary The Banksy Job; and Tom Tykwer's adaptation of Dave Eggers' novel A Hologram for the King, starring Tom Hanks. Opening the festival's spotlight section will be Bill Purple's The Devil and the Deep Blue Sea, a drama starring Jason Sudeikis and Jessica Biel. The 15th annual Tribeca Film Festival runs from April 13 to 24. – AP

Hip-hop is heading to the Kennedy Center

Fresh from the success of last year's critically acclaimed performance by Kendrick Lamar with the National Symphony Orchestra, the Kennedy Center for the Performing Arts has announced that veteran rapper and producer Q-Tip will join the institution as its artistic director for hip-hop culture. Hip-hop also will be added to the center's core programming. The announcement was made as the Kennedy Center released details of the more than 2,000 performances that will be staged there during the 2016-2017 season. Q-Tip is a founding member of hip-hop group A Tribe Called Quest, known for their genre-bending music and socially-conscious lyrics. He's also worked as a solo artist and producer and has become an elder statesman of sorts for the genre. – AP

Disney loses big on The Finest Hours

Disney chief Bob Iger said the company expected to lose $75million on poorly-performing ocean-rescue film The Finest Hours, making it one of the company's costliest flops. The movie, starring Chris Pine, Casey Affleck and Eric Bana, has grossed only $40.5million worldwide since its release on January 29. The movie is based on "The Finest Hours: The True Story of the US Coast Guard's Most Daring Sea Rescue" by Michael Tougias and Casey Sherman. Iger pointed out that Disney has a big few months ahead, with the release of live-action films Jungle Book and Alice Through the Looking Glass as well as Pixar's Finding Dory and Marvel's Captain America: Civil War. -AFP

Olympic champion Gabby Douglas to star in reality show

Olympic all-around champion Gabby Douglas is inviting the world along for the ride in her quest to make history. Douglas and her family will star in the docu-series Douglas Family Gold, which chronicles the 20-year-old’s bid to become the first woman in nearly 50 years to repeat as the Olympic all-around gold medallist. The series debuts May 25 on the Oxygen Network, which is owned by NBC Universal. The show will centre on Douglas, her mother Natalie Hawkins, sisters Arielle Hawkins and Joyelle Douglas, brother Johnathan Douglas and grandmother Carolyn Ford. Douglas trains in Columbus, Ohio, where she lives with her grandmother. – AP

50 Cent: Stacks of cash in his photos aren’t real

Rapper 50 Cent says the stacks of cash that drew questions from a bankruptcy court judge about his finances are not real. The judge has ordered the rapper to appear in bankruptcy court to explain the Instagram photos, one of which depicts 50 Cent next to piles of cash arranged to spell the word “broke”. The rapper said the bills were props and he is not hiding assets. 50 Cent, born Curtis Jackson III, filed for bankruptcy last year after a New York City jury ordered him to pay $7million to a woman who said he posted an intimate video recording online. -AP

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.”

Results

4.30pm Jebel Jais – Maiden (PA) Dh60,000 (Turf) 1,000m; Winner: MM Al Balqaa, Bernardo Pinheiro (jockey), Qaiss Aboud (trainer)

5pm: Jabel Faya – Maiden (PA) Dh60,000 (T) 1,000m; Winner: AF Rasam, Tadhg O’Shea, Ernst Oertel

5.30pm: Al Wathba Stallions Cup – Handicap (PA) Dh70,000 (T) 2,200m; Winner: AF Mukhrej, Tadhg O’Shea, Ernst Oertel

6pm: The President’s Cup Prep – Conditions (PA) Dh100,000 (T) 2,200m; Winner: Mujeeb, Richard Mullen, Salem Al Ketbi

6.30pm: Abu Dhabi Equestrian Club – Prestige (PA) Dh125,000 (T) 1,600m; Winner: Jawal Al Reef, Antonio Fresu, Abubakar Daud

7pm: Al Ruwais – Group 3 (PA) Dh300,000 (T) 1,200m; Winner: Ashton Tourettes, Pat Dobbs, Ibrahim Aseel

7.30pm: Jebel Hafeet – Maiden (TB) Dh80,000 (T) 1,400m; Winner: Nibraas, Richard Mullen, Nicholas Bachalard

SPECS
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The White Lotus: Season three

Creator: Mike White

Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell

Rating: 4.5/5

Awar Qalb

Director: Jamal Salem

Starring: Abdulla Zaid, Joma Ali, Neven Madi and Khadija Sleiman

Two stars