Visitors look at a cut-out artwork by American artist Michelangelo Pistoletto during Art Dubai 2020 at Dubai International Financial Centre. EPA
Visitors look at a cut-out artwork by American artist Michelangelo Pistoletto during Art Dubai 2020 at Dubai International Financial Centre. EPA
Visitors look at a cut-out artwork by American artist Michelangelo Pistoletto during Art Dubai 2020 at Dubai International Financial Centre. EPA
Visitors look at a cut-out artwork by American artist Michelangelo Pistoletto during Art Dubai 2020 at Dubai International Financial Centre. EPA

UAE's arts and culture experts share hopes for future of Dubai's creative sector


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Building artist hubs, launching year-long projects and establishing small music venues are only some of the ways the UAE's leading arts and culture figures believe Dubai can achieve its goal of boosting the creative sector.

A newly launched strategic programme, outlined by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, on Saturday, aims to increase the contribution of the creative and arts sector to gross domestic product from 2.6 per cent to 5 per cent by 2025.

Sheikh Mohammed said design, content, culture and the arts will be a "major driver for the future of our country". In his Twitter post, he also noted the programme will generate more jobs and double the number of companies in the industry.

The plan is a welcome gesture of support for several cultural institutions around the city, many of which are responding positively to the initiative.

"We have grown together with the city of Dubai, taking inspiration from the ambitions of our leaders," Abdelmonem Bin Eisa Alserkal, founder of cultural enterprise Alserkal, tells The National.

Abdelmonem Bin Eisa Alserkal , Founder of Alserkal Avenue. Courtesy: Alserkal Avenue
Abdelmonem Bin Eisa Alserkal , Founder of Alserkal Avenue. Courtesy: Alserkal Avenue

“Sheikh Mohammed’s announcement about the growth of the creative sector over the next five years reinforces Dubai’s position as a forward-looking and progressive city, and will serve to create a wider presence and impact for our city’s creative economy and ecosystem within the region and beyond.”

But, in a landscape severely affected by the challenges brought on by the coronavirus pandemic, many are eager to see how the strategy will be put into action.

"It's really nice that people want to see the creative industry progress and grow. It is fundamentally important to economies and society," says Dan Bolton, an events manager and producer who has been involved in the entertainment world for more than two decades. He says that since the plan is still in its initial announcement phase, it remains to be seen how the proposal will be put into place.

Dubai’s mission of cementing itself as a creative hub is well within reach. But what does the city need to ensure it reaches these goals?

Support for platforms and up-and-comers

Ahlam Bolooki, director of the Emirates Airline Festival of Literature, says the strategy is only the latest initiative by the Dubai government to help boost the creative sector, underscoring the leadership's commitment to making the city a welcoming place for the arts.

“The government has already been doing a great job offering the golden visa to creatives,” she says. “It’s nice to know the local art and culture scene has support all the way from the top.

Emirates Airline Festival of Literature director Ahlam Bolooki. Courtesy Emirates Literature Foundation
Emirates Airline Festival of Literature director Ahlam Bolooki. Courtesy Emirates Literature Foundation

“Those of us who work in the industry in the UAE really know the appetite that exists here for the arts. There are certain parts of the year where we ramp it up and there’s such a hunger for what we have to offer; there’s really a need to have more year-long avenues for exploring the arts and culture scene.”

Bolooki says it is important to bolster the talent that makes up the backbone of the creative economy, as well as the platforms that help spread their work.

"As an organiser of the literature festival and also seeing Art Dubai just take place, it's incredible to see amazing arts and works not only from the region, but from around the world, have a platform here for people who love the arts. They can come and explore and discover new works, new books, new art," she says. "I think supporting those who offer that platform and helping them expand would be amazing."

Ekaterina Plastinina, associate director of Green Art Gallery in Dubai, says it is also important to support local galleries as well as art fairs and museums. One way to do this, she suggests, is to remove value-added tax on cultural sector sales, which will help galleries and support the existing sector.

A place for grassroots artists

But then there are also the artists and the writers, Bolooki says, who need support to grow and build a name for themselves.

“It often takes a long time to get to a place where you are well known within your community and industry, then among the masses," she says. "They need support in the very beginning to establish themselves. It’s wonderful that we offer the golden visa to artists and writers who have that potential, but we also need to continue the support by waiving commercial fees, and offering more schemes and grants in order for them to sustain a living and be able to create their art.”

Fashion designer Dina Yassin, founder of Abu Dhabi label Efro & Co, says to foster a vibrant creative economy means building a place that will inspire artists to create.

Fashion designer Dina Yassin is the founder of Efro & Co. Reem Mohammed/The National
Fashion designer Dina Yassin is the founder of Efro & Co. Reem Mohammed/The National

“The UAE is the country of the future. Dubai is the city of the future. They’re really investing a lot in innovation,” she says. “However, if you’re going to invest in creativity as well, you need to embrace the whole aspect of it.”

When she lived in London, Yassin says she’d often walk around Camden to feel inspired. “Back then, that’s where all the artists were hanging out. You’d see all walks of life there, painting in the streets, drawing on the roads. And this is how these artists were getting discovered, because investors would come around that area and see them and make them into something.”

Dubai could use a similar location, she says; a place that is affordable and also conducive to creativity. "Where do the starving artists go? They need to be in areas where they can be discovered."

Yassin cites New York as an example, where rent-stabilised apartments and compounds are specifically made for artists who can pay only a certain amount for rent. "In those compounds, they have artist hubs where you can paint, make your clothes, photograph."

Nurturing creativity will, in turn, prove to be lucrative, Yassin believes. “The more support artists get, the more they’re going to thrive. And artists spread the word to other artists. Also, tourists will want to see this, they will want to see the creative hub of Dubai.”

Hussain 'Spek' Yoosuf is the founder and president of Pop Arabia. Courtesy Pop Arabia
Hussain 'Spek' Yoosuf is the founder and president of Pop Arabia. Courtesy Pop Arabia

PopArabia president Hussain "Spek" Yoosuf says emerging music artists will also need to have small venues to showcase their music and develop their artistic talent.

“The reason cities like New York or London are so rich with musical talent is it is inherently easy to get up on a stage and play your song for 20 people,” he says. “Rules around licensing make that difficult at present so there needs to be a holistic approach to simplify this for music artists in the UAE.”

Financial support for existing creative companies

Immediate financial support for companies that are already in operation within the creative industry could help Dubai achieve its mission, Bolton says.

"As a small business, you're trying to scale and grow, especially in the aftermath of the pandemic, and it's really difficult to hire freelancers and bring people on board," says Bolton, who runs a creative management agency in Dubai.

Dan Bolton is a veteran of the regional live events industry. Ma'ana
Dan Bolton is a veteran of the regional live events industry. Ma'ana

"Some sort of scheme to help small businesses access funds and help facilitate cash flow would be very helpful because that’s the challenge many people are facing right now.”

Bolton says another thing that is vital to creating a thriving creative economy is to attract more people to the industry. It seems like simple advice, but ensuring the presence of out-of-the-box-thinking people is the bloodline of a burgeoning creative sector.

“The only way we can do that is by sharing knowledge and skills and building a viable ecosystem for the creative industry."

The specs

Engine: 6.2-litre V8

Transmission: ten-speed

Power: 420bhp

Torque: 624Nm

Price: Dh325,125

On sale: Now

The National Archives, Abu Dhabi

Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.

Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part one: how cars came to the UAE

 

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE

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%3Cp%3E%3Cstrong%3EEnablers%20of%20digital%20services%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Blockchain%20and%20cryptocurrency%3Cbr%3E%E2%80%A2%20Crowdfunding%3Cbr%3E%E2%80%A2%20Banking-as-a-service%3Cbr%3E%E2%80%A2%20Banking%20identification%20number%20sponsors%3Cbr%3E%E2%80%A2%20Issuers%2Fprocessors%3Cbr%3E%E2%80%A2%20Programme%20managers%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EDigital%20issuance%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Blockchain%20and%20cryptocurrency%3Cbr%3E%E2%80%A2%20Alternative%20lending%3Cbr%3E%E2%80%A2%20Personal%20financial%20management%3Cbr%3E%E2%80%A2%20Money%20transfer%20and%20remittance%3Cbr%3E%E2%80%A2%20Digital%20banking%20(neo%20banks)%3Cbr%3E%E2%80%A2%20Digital%20wallets%2C%20peer-to-peer%20and%20transfers%3Cbr%3E%E2%80%A2%20Employee%20benefits%3Cbr%3E%E2%80%A2%20Payables%3Cbr%3E%E2%80%A2%20Corporate%20cards%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EValue-add%20for%20merchants%2Fconsumers%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Data%20and%20analytics%3Cbr%3E%E2%80%A2%20ID%2C%20authentication%20and%20security%3Cbr%3E%E2%80%A2%20Insurance%20technology%3Cbr%3E%E2%80%A2%20Loyalty%3Cbr%3E%E2%80%A2%20Merchant%20services%20and%20tools%3Cbr%3E%E2%80%A2%20Process%20and%20payment%20infrastructure%3Cbr%3E%E2%80%A2%20Retail%20technology%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ESME%20recovery%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Money%20movement%3Cbr%3E%E2%80%A2%20Acceptance%3Cbr%3E%E2%80%A2%20Risk%20management%3Cbr%3E%E2%80%A2%20Brand%20management%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ENew%20categories%20for%202023%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Sustainable%20FinTechs%3Cbr%3E%E2%80%A2%20Risk%3Cbr%3E%E2%80%A2%20Urban%20mobility%3C%2Fp%3E%0A
The Bio

Favourite place in UAE: Al Rams pearling village

What one book should everyone read: Any book written before electricity was invented. When a writer willingly worked under candlelight, you know he/she had a real passion for their craft

Your favourite type of pearl: All of them. No pearl looks the same and each carries its own unique characteristics, like humans

Best time to swim in the sea: When there is enough light to see beneath the surface

Kandahar%20
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The past winners

2009 - Sebastian Vettel (Red Bull)

2010 - Sebastian Vettel (Red Bull)

2011 - Lewis Hamilton (McLaren)

2012 - Kimi Raikkonen (Lotus)

2013 - Sebastian Vettel (Red Bull)

2014 - Lewis Hamilton (Mercedes)

2015 - Nico Rosberg (Mercedes)

2016 - Lewis Hamilton (Mercedes)

2017 - Valtteri Bottas (Mercedes)

Match info

Liverpool 3
Hoedt (10' og), Matip (21'), Salah (45 3')

Southampton 0

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

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.”

Company profile

Name: Thndr

Started: October 2020

Founders: Ahmad Hammouda and Seif Amr

Based: Cairo, Egypt

Sector: FinTech

Initial investment: pre-seed of $800,000

Funding stage: series A; $20 million

Investors: Tiger Global, Beco Capital, Prosus Ventures, Y Combinator, Global Ventures, Abdul Latif Jameel, Endure Capital, 4DX Ventures, Plus VC,  Rabacap and MSA Capital

First Person
Richard Flanagan
Chatto & Windus 

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
Tips to stay safe during hot weather
  • Stay hydrated: Drink plenty of fluids, especially water. Avoid alcohol and caffeine, which can increase dehydration.
  • Seek cool environments: Use air conditioning, fans, or visit community spaces with climate control.
  • Limit outdoor activities: Avoid strenuous activity during peak heat. If outside, seek shade and wear a wide-brimmed hat.
  • Dress appropriately: Wear lightweight, loose and light-coloured clothing to facilitate heat loss.
  • Check on vulnerable people: Regularly check in on elderly neighbours, young children and those with health conditions.
  • Home adaptations: Use blinds or curtains to block sunlight, avoid using ovens or stoves, and ventilate living spaces during cooler hours.
  • Recognise heat illness: Learn the signs of heat exhaustion and heat stroke (dizziness, confusion, rapid pulse, nausea), and seek medical attention if symptoms occur.
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T10 Cricket League
Sharjah Cricket Stadium
December 14- 17
6pm, Opening ceremony, followed by:
Bengal Tigers v Kerala Kings 
Maratha Arabians v Pakhtoons
Tickets available online at q-tickets.com/t10