Brazilian DJ Marise Cardoso will be spinning the decks at a beachfront NYE party at Asia de Cuba at Nation Riviera Beach Club. Delores Johnson / The National
Brazilian DJ Marise Cardoso will be spinning the decks at a beachfront NYE party at Asia de Cuba at Nation Riviera Beach Club. Delores Johnson / The National

Welcome 2015 in style at the hottest New Year’s Eve parties in Abu Dhabi and Dubai



No plans for December 31? Here's a round up of a dozen of the hottest ways to see in the New Year with a bang.
Abu Dhabi
80s party at Twelve
Party hotspot Aloft showcases its new rooftop venue Twelve with an unashamedly retro-focused 1980s-themed New Year's Eve bash. One for the capital-dwellers who are missing out on the Masterjam festivities down the road.
From 8pm. Dh600 (including food and drinks). Aloft Abu Dhabi, Capital Centre, 02 654 5000.
Asia de Cuba
This newly opened restaurant-lounge hybrid is amping up the volume for NYE, promising a party-on-the-beach courtesy of the Brazilian DJ Marise Cardoso, plus prime views of the fireworks. There is also a three-course dining option indoors.
From 9.30pm. Dh550 (including drinks). Nation Riviera Beach Club, Corniche Road, 02 699 3333.
Jamie Jones at Blue Marlin
For Abu Dhabi's electronic- music fans, Blue Marlin's typically showstopping three-­hander is a clear must. Topping the bill is the true scenester Jamie Jones, the man behind Hot Creations, who was awarded Best DJ by Resident Advisor in 2012. He'll have competition from the disco-influenced Richy Ahmed and the crowd-pleasing Ibellini, whose claims to fame include warming up the crowd for Pharrell's The Neptunes.
From 8pm. Dh450 for women, Dh600 for men. Ghantoot, 056 113 3400.
Neari at People by Crystal
The deep and progressive house DJ Neari – whose real name is Yuri Omneari – headlines the Abu Dhabi branch of this club, which is always a reliable night out.
From 10pm. Dh350 for ladies, Dh500 for gents. The Collection, St Regis Saadiyat Island Resort, 050 826 9698.
O1NE's Masquerade Ball
The Yas Island club O1ne is set to make the most of the venue's huge 3-D mapping screens to set the mood at its winter wonderland-themed NYE masquerade ball. Masks are, of course, obligatory, while the night also boasts an all-white dress code – so this is definitely one for theatrical folk keen on glamming up.
Dh300 for men (with three drinks), free for ladies. From 10.30pm. Yas Island 052 788 8111.
Saif and Sound at De La Costa
If you dig commercial sounds, then head over to Saadiyat spot De La Costa (formally Sea Lounge) to hear Radio 1 double act Saif and Sound do their thing. Expect floorfillers aplenty.
From 9pm. Dh275 entry, Dh550 with drinks, free for diners at Safina. Saadiyat Beach Club, Saadiyat Island, 02 656 3500.
Dubai
Above and Beyond at Eden
Yes, you read that right, the gigantic trance duo who took post-midnight headline duties at Sandance NYE in 2011-12 are back, playing at the (markedly smaller) new Eden Beach Club to see in 2015. Here's a chance to see a huge name up close and personal. Expect euphoric tunes.
Call for reservations. Rixos the Palm, 055 277 1477.
Catch at The Basement
Underground purists' hangout The Basement is keeping things simple for NYE, doing away with silly fees and inflated tabs in ­favour of a night that's about one thing – the music. Namely house music, with the resident and Dubai mainstay Smokingroove taking top billing alongside B?K Rogers, Rishi and Drinky – basslines positively guaranteed.
From 9pm. Dh200 (Dh295 with drinks before 11.30pm). Boutique 7 Hotel, Tecom, 050 243 2014.
Dekadance
Perhaps the most exciting thing about this alfresco shindig is the promise of "DJs who will actually play your requests" (although there is the disclaimer "within reason"). Besides the presence of cheese-tastic DJ Cheddar, a competitive rate and easy access for New Dubai dwellers add to this night's hassle-free appeal.
Dh395 (including drinks 9pm-11.45pm). The Dek on 8, Media One Hotel, 055 144 1549.
Kiko Navarro at Story Rooftop
He saw in the new year for the capital in 2012-13, and now the soulful Spanish decksmith Navarro, who is known for fusing Latin and Afro tones into his deep house sounds, plays this arty alfresco spot, which also boasts prime views of the midnight fireworks.
From 9pm. Dh299. Holiday Inn Express, Knowledge Village, 04 365 9911.
Soulful Sessions at Dusk
The incredibly danceable local legend who is Schooly will be serving up his signature Soulful Sessions sounds all night long at Infusion's down-to-earth holiday happening. One for the music lovers, here quality tunes and a clued-up crowd are to be expected and embraced.
From 7pm. Dh150 (entry only). Dusk Terrace, Radisson Blu Dubai Media City, 04 366 9111.
Superheroes at Level 41
Normally an open-air affair, Superheroes is moving things to the next level by taking over the huge, 1,500-capacity warehouse-style venue Level 41. Expect an unpretentious evening of quality garage, bass and house music from the residents Under the Moon, Somalie and more.
From 9pm. Dh150. Media One Hotel, 055 829 6348.
rgarratt@thenational.ae

The National's picks

4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young

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
Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

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

Meatless Days
Sara Suleri, with an introduction by Kamila Shamsie
​​​​​​​Penguin 

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.”

A MINECRAFT MOVIE

Director: Jared Hess

Starring: Jack Black, Jennifer Coolidge, Jason Momoa

Rating: 3/5

The Freedom Artist

By Ben Okri (Head of Zeus)

BUNDESLIGA FIXTURES

Friday (UAE kick-off times)

Borussia Dortmund v Paderborn (11.30pm)

Saturday 

Bayer Leverkusen v SC Freiburg (6.30pm)

Werder Bremen v Schalke (6.30pm)

Union Berlin v Borussia Monchengladbach (6.30pm)

Eintracht Frankfurt v Wolfsburg (6.30pm)

Fortuna Dusseldof v  Bayern Munich (6.30pm)

RB Leipzig v Cologne (9.30pm)

Sunday

Augsburg v Hertha Berlin (6.30pm)

Hoffenheim v Mainz (9pm)

 

 

 

 

 

Arabian Gulf Cup FINAL

Al Nasr 2

(Negredo 1, Tozo 50)

Shabab Al Ahli 1

(Jaber 13)

The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
The specs

Engine: 4-litre twin-turbo V8

Transmission: nine-speed

Power: 542bhp

Torque: 700Nm

Price: Dh848,000

On sale: now

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