The watch world received something of a shock last year: the Swiss reported their first downturn since the blackness that was 2009.
Admittedly, it amounts to a mere 3.3 per cent drop in export value – or 460,000 fewer watches leaving Switzerland than 2014’s mind-boggling 28.6 million – but for a sector rather taken by its own ability to defy the global financial crisis with spectacular year-on-year growth, it was a shock nonetheless.
And sure enough, the watchword at Baselworld (if you’ll excuse the pun) was undoubtedly “caution”. The trade fair’s cavernous halls of gleaming, multistorey brand pavilions thronged as usual with the bold, the beautiful and the downright glamorous, but the timepieces ticking away inside their spotlit vitrines were more about consolidation; evolution rather than revolution.
Which is to say that new mechanical movements and case shapes – the two aspects of watchmaking requiring the biggest investments – were in scant supply. Instead, we were treated to core-collection novelties, updated with cool, high-tech materials (titanium and carbon were everywhere), funky new straps (the nylon “Nato” military strap is still a fabulous trend), and rainbows of colourways (blue and garish dial luminescence, especially).
The larger-than-life head of Tag Heuer, Jean-Claude Biver, has found himself as spokesman for his fellow watchmakers in recent years, and in a pre-Basel interview judged the slowdown as a short-term dip driven by global economical factors, stretching from Ukraine to China. In his words: “…and we did just minus 3 per cent? I say that’s fantastic! I say to everyone in Switzerland, you are all brilliant guys, bravo.”
And judging by the variety and imagination of the watches themselves, we say bravo, too.
Women’s watches:
1. Bvlgari Serpenti Incantati Tourbillon Lumière Skeleton
The serpent has been an icon for Bvlgari since the 1940s, when the brand first experimented with twisting its sinuous form into jewellery, using a method based on the tubogas technique (a way of twisting twine for decorative purposes used by the Romans). Usually seen coiled up the arm, the latest watches to bear the Serpenti name now have the snake’s scaly form curled, in all its jewel-encrusted glory, around the watch’s bezel. There are smaller versions, but this is the anaconda of the collection. Being the first Serpenti to have a complication, Bvlgari has gone all out and given it a tourbillon, while the decoration on the skeletonised movement emphasises the serpentine nature of the watch. Temptation has never looked so good.
2. Dior Kaleidiorscope
When it comes to decorative dials, Dior rarely disappoints. This is the brand that tracked down the only woman in France who could do a particular kind of lacework for one of its Dior VIII Grand Bal inverse rotors – to say it doesn’t cut corners is an understatement. Its Kaleidiorscope may be one of its most breathtaking undertakings to date. For each of these unique timepieces, a piece of embroidery from the archives is viewed through a kaleidoscope. The resulting geometric patterns are then picked out on the dials in precious stones such as lapis lazuli and chrysoprase, with bezels set with diamonds, sapphires or tsavorites. As if to subvert all this opulence, you can opt for a denim strap, which just makes you adore Dior even more.
3. Chopard Happy Diamonds 40th Anniversary
The most surprising thing about this watch is not that it’s 40 years old, but that it was originally conceived as a man’s timepiece. Granted, it didn’t have the diamonds on the bezel, just the ones inside the case, but it would still have been a bold choice for even the most peacocked lounge lizard from the 1970s. This anniversary edition, however, is most definitely for women. The cushion-shaped case has been made smaller and the number of diamonds has increased, while the dial is a softly iridescent mother-of-pearl, rather than the black of its predecessor. It is a much softer version of the original, and almost feels like the watch Chopard should have launched 40 years ago.
4. Fendi Policromia
Keeping things in the family, Fendi’s latest watch collection has been designed by jeweller Delfina Delettrez Fendi, the daughter of co-creative director Silvia Venturini Fendi. And its inspiration is similarly close to home: the layout of the Palazzo della Civiltà Italiana, where Fendi has its headquarters. Delettrez was apparently inspired by the play of light and shadow in the Palazzo, which was commissioned by Mussolini and is considered one of the most representative examples of Fascist architecture. Called Policromia, the watch features white diamonds, lapis lazuli, blue mother-of-pearl and, for an extra touch of luxury, all the alligator leather straps are made in the Fendi workshops.
5. Georg Jensen Vivianna
Like many things in Georg Jensen’s current collection, the Vivianna bangle watch has its roots in the brand’s past. This design was created in 1962 by sculptor and jeweller Vivianna Torun Bülow-Hübe (known as Torun), who was internationally renowned for her sober, minimalist style. Torun was reported to have said that she didn’t want to design jewellery for the wives of wealthy men to keep locked up in private. She chose instead to make what she termed anti-status pieces. This elegant version of the Vivianna in black PVD is a tribute to that ethos. It does have diamonds on it, but it still manages to retain that wearability of which Torun would have approved.
6. Graff Snowfall
The copious amounts of diamonds would be impressive enough, but it is when you handle this watch that you really appreciate the work that has gone into making a stone-set strap of rare fluidity. The 300-joint lattice design was only possible thanks to 3-D printing. By creating the three-dimensional model, the team at Graff was able to accurately piece together the myriad joints and collets so that, when it came to build the finished timepiece, first in London then in Geneva, there was no need for margins of error. It’s an exquisite piece of craftsmanship that only a brand with Graff’s superior jewellery knowledge could realise.
7. Omega DeVille Trésor
Last year, Omega announced the launch of its Globemaster and the revival of its beloved old
“pie-pan” dial. This on its own would have been
news enough but, overshadowing even the addition of Golden Globe-winner Eddie Redmayne to its roster of ambassadors, was the announcement that Omega had worked with the Swiss Institute of Metrology to establish a new certification for its watches. Any watch that had been subjected to these rigorous tests, including ensuring that it was anti-magnetic to 15,000 gauss, would bear the moniker “master chronometer”. Which is exactly what is on the Tahitian mother-of-pearl dial of this DeVille Trésor, proving that Omega isn’t just reserving this technology for the boys’ toys.
8. Zenith Elite Lady Moonphase
This version of the Elite has become a bit of a Zenith calling card, and for 2016 it has been streamlined. The first thing that is noticeable is the size – it’s gone up three millimetres to 36mm. The rather refreshing reason for this is to make the dial easier to read, because no one ever wants to admit that watches do have a job to do. In further pursuit of legibility, the indices have also been elongated, which makes the tapered hands look even more elegant. Combined with the mother-of-pearl dial and diamonds around the bezel, the overall impression is of a very grown-up and sophisticated timepiece.
9. Gucci Le Marché des Merveilles
Bees are big news in fashion at the moment. You’ve got J Crew designing T-shirts for Buglife, the United Kingdom’s registered charity dedicated to the conservation of bugs and insects, and over at Gucci, new creative director, Italian fashion designer Alessandro Michele, has the winged insect swarming all over his ready-to-wear, and watch and jewellery collections. The bumblebee motif features heavily around Rome and is a symbol of the Barberini dynasty, who were powerful in the 17th century. Michele has taken this symbol of power and given it a more romantic feel by stitching it on to a watch dial. The bumblebee motifs are also in keeping with Gucci’s spring/summer 2016 runway collection and line of women’s evening wear. This colourful series of timepieces features textured dials popping in green malachite, blue turquoise and red coral tones. Certainly beats the ubiquitous double G the brand has relied on for so long.
10. Patek Philippe Calatrava Ref 7200-200R
Rather than innovate with its movements, this
year Patek Philippe chose to experiment with its stone settings. The new process is called Flamme
and has been registered to Patek Philippe as a completely new gem-setting technique. Before the diamonds are set, hand incisions shaped like a flame are made above and underneath the holes in order to cast as much light as possible onto the stones, to make them sparkle. Because the gold is cut in this way, there are no claws holding the diamonds in place, making the bezel smooth to the touch and preventing the top of the stone from being partially obscured by metal. All of which makes for a very beautiful, very sparkly, timepiece.
City's slump
L - Juventus, 2-0
D - C Palace, 2-2
W - N Forest, 3-0
L - Liverpool, 2-0
D - Feyenoord, 3-3
L - Tottenham, 4-0
L - Brighton, 2-1
L - Sporting, 4-1
L - Bournemouth, 2-1
L - Tottenham, 2-1
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
UK's plans to cut net migration
Under the UK government’s proposals, migrants will have to spend 10 years in the UK before being able to apply for citizenship.
Skilled worker visas will require a university degree, and there will be tighter restrictions on recruitment for jobs with skills shortages.
But what are described as "high-contributing" individuals such as doctors and nurses could be fast-tracked through the system.
Language requirements will be increased for all immigration routes to ensure a higher level of English.
Rules will also be laid out for adult dependants, meaning they will have to demonstrate a basic understanding of the language.
The plans also call for stricter tests for colleges and universities offering places to foreign students and a reduction in the time graduates can remain in the UK after their studies from two years to 18 months.
PREMIER LEAGUE FIXTURES
Tuesday (UAE kick-off times)
Leicester City v Brighton (9pm)
Tottenham Hotspur v West Ham United (11.15pm)
Wednesday
Manchester United v Sheffield United (9pm)
Newcastle United v Aston Villa (9pm)
Norwich City v Everton (9pm)
Wolves v Bournemouth (9pm)
Liverpool v Crystal Palace (11.15pm)
Thursday
Burnley v Watford (9pm)
Southampton v Arsenal (9pm)
Chelsea v Manchester City (11.15pm)
Bio
Born in Dibba, Sharjah in 1972.
He is the eldest among 11 brothers and sisters.
He was educated in Sharjah schools and is a graduate of UAE University in Al Ain.
He has written poetry for 30 years and has had work published in local newspapers.
He likes all kinds of adventure movies that relate to his work.
His dream is a safe and preserved environment for all humankind.
His favourite book is The Quran, and 'Maze of Innovation and Creativity', written by his brother.
The view from The National
THREE
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APPLE IPAD MINI (A17 PRO)
Display: 21cm Liquid Retina Display, 2266 x 1488, 326ppi, 500 nits
Chip: Apple A17 Pro, 6-core CPU, 5-core GPU, 16-core Neural Engine
Storage: 128/256/512GB
Main camera: 12MP wide, f/1.8, digital zoom up to 5x, Smart HDR 4
Front camera: 12MP ultra-wide, f/2.4, Smart HDR 4, full-HD @ 25/30/60fps
Biometrics: Touch ID, Face ID
Colours: Blue, purple, space grey, starlight
In the box: iPad mini, USB-C cable, 20W USB-C power adapter
Price: From Dh2,099
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.”
Jeff Buckley: From Hallelujah To The Last Goodbye
By Dave Lory with Jim Irvin
The specs
Engine: Four electric motors, one at each wheel
Power: 579hp
Torque: 859Nm
Transmission: Single-speed automatic
Price: From Dh825,900
On sale: Now
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
The specs
Engine: 4.0-litre flat-six
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
Mohammed bin Zayed Majlis
Three ways to limit your social media use
Clinical psychologist, Dr Saliha Afridi at The Lighthouse Arabia suggests three easy things you can do every day to cut back on the time you spend online.
1. Put the social media app in a folder on the second or third screen of your phone so it has to remain a conscious decision to open, rather than something your fingers gravitate towards without consideration.
2. Schedule a time to use social media instead of consistently throughout the day. I recommend setting aside certain times of the day or week when you upload pictures or share information.
3. Take a mental snapshot rather than a photo on your phone. Instead of sharing it with your social world, try to absorb the moment, connect with your feeling, experience the moment with all five of your senses. You will have a memory of that moment more vividly and for far longer than if you take a picture of it.
Dust and sand storms compared
Sand storm
- Particle size: Larger, heavier sand grains
- Visibility: Often dramatic with thick "walls" of sand
- Duration: Short-lived, typically localised
- Travel distance: Limited
- Source: Open desert areas with strong winds
Dust storm
- Particle size: Much finer, lightweight particles
- Visibility: Hazy skies but less intense
- Duration: Can linger for days
- Travel distance: Long-range, up to thousands of kilometres
- Source: Can be carried from distant regions
Abu Dhabi Sustainability Week
Major honours
ARSENAL
BARCELONA
- La Liga - 2013
- Copa del Rey - 2012
- Fifa Club World Cup - 2011
CHELSEA
- Premier League - 2015, 2017
- FA Cup - 2018
- League Cup - 2015
SPAIN
- World Cup - 2010
- European Championship - 2008, 2012
The%20Emperor%20and%20the%20Elephant
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How green is the expo nursery?
Some 400,000 shrubs and 13,000 trees in the on-site nursery
An additional 450,000 shrubs and 4,000 trees to be delivered in the months leading up to the expo
Ghaf, date palm, acacia arabica, acacia tortilis, vitex or sage, techoma and the salvadora are just some heat tolerant native plants in the nursery
Approximately 340 species of shrubs and trees selected for diverse landscape
The nursery team works exclusively with organic fertilisers and pesticides
All shrubs and trees supplied by Dubai Municipality
Most sourced from farms, nurseries across the country
Plants and trees are re-potted when they arrive at nursery to give them room to grow
Some mature trees are in open areas or planted within the expo site
Green waste is recycled as compost
Treated sewage effluent supplied by Dubai Municipality is used to meet the majority of the nursery’s irrigation needs
Construction workforce peaked at 40,000 workers
About 65,000 people have signed up to volunteer
Main themes of expo is ‘Connecting Minds, Creating the Future’ and three subthemes of opportunity, mobility and sustainability.
Expo 2020 Dubai to open in October 2020 and run for six months
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
KILLING OF QASSEM SULEIMANI
A timeline of the Historical Dictionary of the Arabic Language
- 2018: Formal work begins
- November 2021: First 17 volumes launched
- November 2022: Additional 19 volumes released
- October 2023: Another 31 volumes released
- November 2024: All 127 volumes completed
How to wear a kandura
Dos
- Wear the right fabric for the right season and occasion
- Always ask for the dress code if you don’t know
- Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work
- Wear 100 per cent cotton under the kandura as most fabrics are polyester
Don’ts
- Wear hamdania for work, always wear a ghutra and agal
- Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
The%C2%A0specs%20
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3Etwo%20permanent%20magnet%20synchronous%20motors%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3Etwo-speed%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E625hp%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E850Nm%3Cbr%3E%3Cstrong%3ERange%3A%20%3C%2Fstrong%3E456km%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3Efrom%20Dh737%2C480%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3Enow%3C%2Fp%3E%0A
How to apply for a drone permit
- Individuals must register on UAE Drone app or website using their UAE Pass
- Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
- Upload the training certificate from a centre accredited by the GCAA
- Submit their request
What are the regulations?
- Fly it within visual line of sight
- Never over populated areas
- Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
- Users must avoid flying over restricted areas listed on the UAE Drone app
- Only fly the drone during the day, and never at night
- Should have a live feed of the drone flight
- Drones must weigh 5 kg or less
CREW
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Without Remorse
Directed by: Stefano Sollima
Starring: Michael B Jordan
4/5
Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
On sale: Now
Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)
Company%20Profile
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EDirect%20Debit%20System%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%20Sept%202017%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%20with%20a%20subsidiary%20in%20the%20UK%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20FinTech%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20Undisclosed%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Elaine%20Jones%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%208%3Cbr%3E%3C%2Fp%3E%0A