Abu Dhabi Art is back with a programme featuring 40 galleries, commissioned installations, interactive performances, artist talks, book launches, film screenings and children’s workshops.
The seventh edition of the fair, organised by Abu Dhabi Tourism & Culture Authority, runs from November 18 to 21 at Manarat Al Saadiyat. Expect a rigorously curated grouping of galleries from the Middle East, Europe, North America and Asia, with sections focusing on contemporary and modern art as well as emerging artists.
London’s Lisson Gallery will showcase works by Chinese artist and political activist Ai Weiwei, while Paul Stolper will feature pieces by acclaimed British artist Damien Hirst. Established names from the region include Iran-born, New York artist Pouran Jinchi, represented by Dubai’s The Third Line, while Gallery One will display works by Palestinian Laila Shawa.
Bliss, curated by Fabrice Bousteau and inspired by Abu Dhabi’s character, will present film screenings and live, interactive performances.
Returning for its third consecutive year, the fair’s performance programme, Durub Al Tawaya, will treat the entire city as a canvas under the direction of visionary Egyptian curator Tarek Abou El Fetouh.
Artificial intelligence buffs can slip on a futuristic headset, follow the computer-generated voice issuing orders and join Remote Abu Dhabi, a treasure hunt created by the Berlin artist collective Rimini Protokoll that will send groups of 50 weaving through the capital’s urban landscape in search of clues.
Also on offer is Radouan Mriziga's choreographed piece that references Islamic geometry and Leonardo da Vinci's Vetruvian Man, a screening of Shadi Abdel Salam's 1969 Egyptian classic Al-mummia (also known as The Night of Counting the Years) and Le Cri, a performance by French choreographer Nacera Belaza that marries jazz beats with classical and contemporary sequences.
This year’s line-up of talks and lectures brings together some of the art world’s leading museum directors, critics and thinkers, with a timely focus on the museums and cultural institutions underway on Saadiyat Island.
New to the programme is the Art Architecture Statement Talk on November 18. Louvre Abu Dhabi architect Jean Nouvel will explore the museum’s dome and its Rain of Light concept, which is inspired by the country’s architectural groundings.
An Instant Urban Phenomenon, a public talk on November 21, is part of the Design Lab programme. It aims to bring together UAE students and graduates to cultivate their knowledge of architecture through a “visual urban analysis” of Abu Dhabi, which form the basis for the fair’s cutting- edge Design Programme.
“The talk will explore and debate what constitutes the identity of Abu Dhabi and will debate the soundness and sustainability of the city’s foundations and understanding of what institutes a global, 21st-century city,” says panellist Yasser Elsheshtawy, associate professor of architecture at UAE University and curator of the National Pavilion UAE la Biennale di Venezia at the 15th International Architecture Exhibition next year.
Young artists and their families will enjoy child-friendly tours of the Art Galleries Hall, scheduled to place every day from 12.15pm to 1.30pm, as well as making their own mini masterpieces in the Art Zone.
Running in tandem with Abu Dhabi Art is the biannual exhibition Emirati Expressions: Conventions of Arts, a group show incorporating projects by 16 Emirati artists who were commissioned to create design and fine art projects that are deeply rooted in the country's cultural heritage.
Visitors can avoid queuing and the disappointment of overbooked events by registering for an access card on Abu Dhabi Art’s new website, where they can view the full public programme and sign up to attend talks, performances, workshops and participate in activities.
• For programme details, and to register in advance for Abu Dhabi Art, go to www.abudhabiart.ae
artslife@thenational.ae
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Always use only regulated platforms
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Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
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SERIES INFO
Afghanistan v Zimbabwe, Abu Dhabi Sunshine Series
All matches at the Zayed Cricket Stadium, Abu Dhabi
Test series
1st Test: Zimbabwe beat Afghanistan by 10 wickets
2nd Test: Wednesday, 10 March – Sunday, 14 March
Play starts at 9.30am
T20 series
1st T20I: Wednesday, 17 March
2nd T20I: Friday, 19 March
3rd T20I: Saturday, 20 March
TV
Supporters in the UAE can watch the matches on the Rabbithole channel on YouTube
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.”
Our legal columnist
Name: Yousef Al Bahar
Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994
Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers
Our legal columnist
Name: Yousef Al Bahar
Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994
Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers
Sunday's Super Four matches
Dubai, 3.30pm
India v Pakistan
Abu Dhabi, 3.30pm
Bangladesh v Afghanistan
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Pakistan T20 series squad
Sarfraz Ahmed (captain), Fakhar Zaman, Ahmed Shahzad, Babar Azam, Shoaib Malik, Mohammed Hafeez, Imad Wasim, Shadab Khan, Mohammed Nawaz, Faheem Ashraf, Hasan Ali, Amir Yamin, Mohammed Amir (subject to fitness clearance), Rumman Raees, Usman Shinwari, Umar Amin
UAE currency: the story behind the money in your pockets
The specs
Engine: 3.6 V6
Transmission: 8-speed auto
Power: 295bhp
Torque: 353Nm
Price: Dh155,000
On sale: now
Kamindu Mendis bio
Full name: Pasqual Handi Kamindu Dilanka Mendis
Born: September 30, 1998
Age: 20 years and 26 days
Nationality: Sri Lankan
Major teams Sri Lanka's Under 19 team
Batting style: Left-hander
Bowling style: Right-arm off-spin and slow left-arm orthodox (that's right!)
the pledge
I pledge to uphold the duty of tolerance
I pledge to take a first stand against hate and injustice
I pledge to respect and accept people whose abilities, beliefs and culture are different from my own
I pledge to wish for others what I wish for myself
I pledge to live in harmony with my community
I pledge to always be open to dialogue and forgiveness
I pledge to do my part to create peace for all
I pledge to exercise benevolence and choose kindness in all my dealings with my community
I pledge to always stand up for these values: Zayed's values for tolerance and human fraternity
Squad
Ali Kasheif, Salim Rashid, Khalifa Al Hammadi, Khalfan Mubarak, Ali Mabkhout, Omar Abdulrahman, Mohammed Al Attas, Abdullah Ramadan, Zayed Al Ameri (Al Jazira), Mohammed Al Shamsi, Hamdan Al Kamali, Mohammed Barghash, Khalil Al Hammadi (Al Wahda), Khalid Essa, Mohammed Shaker, Ahmed Barman, Bandar Al Ahbabi (Al Ain), Al Hassan Saleh, Majid Suroor (Sharjah) Walid Abbas, Ahmed Khalil (Shabab Al Ahli), Tariq Ahmed, Jasim Yaqoub (Al Nasr), Ali Saleh, Ali Salmeen (Al Wasl), Hassan Al Muharami (Baniyas)
BRIEF SCORES
England 353 and 313-8 dec
(B Stokes 112, A Cook 88; M Morkel 3-70, K Rabada 3-85)
(J Bairstow 63, T Westley 59, J Root 50; K Maharaj 3-50)
South Africa 175 and 252
(T Bavuma 52; T Roland-Jones 5-57, J Anderson 3-25)
(D Elgar 136; M Ali 4-45, T Roland-Jones 3-72)
Result: England won by 239 runs
England lead four-match series 2-1
The biog
Name: Salvador Toriano Jr
Age: 59
From: Laguna, The Philippines
Favourite dish: Seabass or Fish and Chips
Hobbies: When he’s not in the restaurant, he still likes to cook, along with walking and meeting up with friends.
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