As general manager of Motiongate, John Hallenbeck is overseeing the final touches to the Hollywood-inspired theme park before it opens on December 16, as part of the Dubai Parks and Resorts complex. After doing a course in sportscasting, Mr Hallenbeck took a job as a ticket seller at Universal Studios in Florida in 1991 “to make ends meet”, and says he never looked back. Mr Hallenbeck, 50, was promoted from vice president of revenue operations to general manager in June. The American now manages more than 1,000 employees from over 50 countries.
5.30am
Most mornings, I try to get a 5- kilometre run in. I like running outside, so I’ll bear the heat. I live with my wife in Downtown so I usually run around Burj Khalifa. I’ll grab a coffee, a banana or a breakfast bar before driving to my office on the park site in Jebel Ali.
7.45am
I stop in on the folks in the on-boarding department if we have new hires coming in. I let them know that I might be the general manager, but they’re just as important a player in this show as I am. I’m here for the same reason they’re here – to make this place a blast for our visitors. I pride myself on doing things I know the staff will do. Once we open, I’ll be walking round, picking trash up if it needs to be. I’ve had every job you could imagine during my 25 years in this industry. I share my stories with the team of when I was a front line person, and really get a sense of unity from that.
9am
I meet the corporate team from the other theme parks, Riverland (the restaurant area), and also our Lapita hotel. We’re working to ensure the guest experience at Motiongate will be similar to what you’d get at Bollywood Parks or Legoland Dubai, in that any time you enter a restaurant, shop or ride, people act the same way – they appear friendly, answer questions and are able to anticipate when guests might have a question.
10am
I’m on site for a walk around. Every day I see iconic things sprouting up, like the Ghostbusters building coming to life, or the facade of the Green Hornet roller coaster. Putting the attraction inside usually comes last because you need to have the theming done first.
12pm
I meet my project team to ensure we’re staying on target to get certain pieces finished. The ride staff and performers have now arrived and everyone is full-blown busy going through systems and testing the rides. To see the rides in motion is a fun time. We’re now doing mock sales to get team members ready to deal with the public. They have to try to be a part of the theme they’re in – so when you enter Hotel Transylvania, you really feel like you’re there.
1pm
We recently opened a canteen in our admin building, where I eat lunch. I’ll sit at a table with somebody, introduce myself and talk a little bit, and they maybe think I’m weird – but I look at everybody as being team members. I can be a poster child for career opportunities in this industry. That helps our business, because then people don’t just see this as a job to do for a while and then move on – they see potential career progression and stick with us.
3pm
My focus is on Motiongate, but I also visit other areas of the site to see how they’re going. One of my positions a long time ago was in parking, so I like to look at parking lots. That sounds boring, but I see how we can make the entering and exiting process the best it can be.
5pm
Time for the mundane details of my job – the financials, the business plans and reports. I like people interactions a lot more. I can’t wait for this place to open because seeing the guests having a great time is really the pay-off for me.
9pm
The project and construction team are here 24/7, so if something major happens at midnight, we’ll be there. I try to leave at 7pm to spend time with my wife. But tonight, I take a conference call with a representative from Sony Pictures in Los Angeles. I often liaise with the three film studios whose film brands we base our rides on; Sony Pictures, DreamWorks and Lionsgate. There are approvals and inputs we need to get from the IPs [intellectual property].
9.30pm
My wife’s a healthy cook, so I’ll have salmon and rice, or chicken and sweet potatoes for dinner, followed by bed at 10pm. Most of us in the team are now working seven days a week to be able to open on time. I’ve opened four major theme park projects, so we’re used to it – my wife says she’s a theme park widow at this stage.
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The 12 Syrian entities delisted by UK
Ministry of Interior
Ministry of Defence
General Intelligence Directorate
Air Force Intelligence Agency
Political Security Directorate
Syrian National Security Bureau
Military Intelligence Directorate
Army Supply Bureau
General Organisation of Radio and TV
Al Watan newspaper
Cham Press TV
Sama TV
The Buckingham Murders
Starring: Kareena Kapoor Khan, Ash Tandon, Prabhleen Sandhu
Director: Hansal Mehta
Rating: 4 / 5
How much sugar is in chocolate Easter eggs?
- The 169g Crunchie egg has 15.9g of sugar per 25g serving, working out at around 107g of sugar per egg
- The 190g Maltesers Teasers egg contains 58g of sugar per 100g for the egg and 19.6g of sugar in each of the two Teasers bars that come with it
- The 188g Smarties egg has 113g of sugar per egg and 22.8g in the tube of Smarties it contains
- The Milky Bar white chocolate Egg Hunt Pack contains eight eggs at 7.7g of sugar per egg
- The Cadbury Creme Egg contains 26g of sugar per 40g egg
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The five pillars of Islam
NO OTHER LAND
Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal
Stars: Basel Adra, Yuval Abraham
Rating: 3.5/5
Zakat definitions
Zakat: an Arabic word meaning ‘to cleanse’ or ‘purification’.
Nisab: the minimum amount that a Muslim must have before being obliged to pay zakat. Traditionally, the nisab threshold was 87.48 grams of gold, or 612.36 grams of silver. The monetary value of the nisab therefore varies by current prices and currencies.
Zakat Al Mal: the ‘cleansing’ of wealth, as one of the five pillars of Islam; a spiritual duty for all Muslims meeting the ‘nisab’ wealth criteria in a lunar year, to pay 2.5 per cent of their wealth in alms to the deserving and needy.
Zakat Al Fitr: a donation to charity given during Ramadan, before Eid Al Fitr, in the form of food. Every adult Muslim who possesses food in excess of the needs of themselves and their family must pay two qadahs (an old measure just over 2 kilograms) of flour, wheat, barley or rice from each person in a household, as a minimum.
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.
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%20Profile
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MANDOOB
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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
Company%20profile
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20WallyGPT%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2014%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3ESaeid%20and%20Sami%20Hejazi%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%3Cbr%3E%3Cstrong%3EInvestment%20raised%3A%20%3C%2Fstrong%3E%247.1%20million%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%2020%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3EPre-seed%20round%3C%2Fp%3E%0A
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
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Engine: 6.75-litre twin-turbocharged V12 petrol engine
Power: 420kW
Torque: 780Nm
Transmission: 8-speed automatic
Price: From Dh1,350,000
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Skewed figures
In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458.
How to avoid crypto fraud
- Use unique usernames and passwords while enabling multi-factor authentication.
- Use an offline private key, a physical device that requires manual activation, whenever you access your wallet.
- Avoid suspicious social media ads promoting fraudulent schemes.
- Only invest in crypto projects that you fully understand.
- Critically assess whether a project’s promises or returns seem too good to be true.
- Only use reputable platforms that have a track record of strong regulatory compliance.
- Store funds in hardware wallets as opposed to online exchanges.
LEADERBOARD
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