Lisa and Scott Marshall run Diverse Choreography in Dubai. Satish Kumar / The National
Lisa and Scott Marshall run Diverse Choreography in Dubai. Satish Kumar / The National

Dubai performing arts schools get into the business groove



When the pop stars Lisa Scott-Lee of Steps and her husband, the former Hear'say singer Johnny Shentallinvited wannabe performers to sign up for their new performing arts academy in Dubai this month, the security guards in the car park outside struggled to control the traffic.
The British songstress can rely on her celebrity kudos to attract youngsters to the Dubai Performing Arts Academy, and Shentall can boast 25 years of experience as a dancer for superstars such as Robbie Williams and Diana Ross.
But they have launched at a time when the UAE market for performing arts businesses would appear to be saturated.
Some of the new and expanding businesses are tapping into the Glee factor, attracting young "Gleeks", as fans of the US TV show musical sensation are known.
"Popular arts has been glamourised by shows such as Glee and High School Musical - it's cool now for teenagers to perform, whether they are male or female", says Ferne Reynolds Lategan, whose company Drama Scene Dubai is about to expand into Khalifa City in Abu Dhabi. "Our business is going really well, we have waiting lists for our classes."
Hayley Doyle, a former West End dancer and published author, set up Hayley's Comet Theatre Company in Dubai's Alex and James Studios last year. For Ms Doyle, the secret to running a successful performing arts company is absolute dedication to the craft.
"I never switch off," she says. "If I stop working for a few days, the business just stops running. My holidays are a nightmare - I am always on the hunt for Wi-Fi. Hopefully, the hard work makes the shows we do extra special."
As well as performing arts in general, there has been a surge in growth within the dance market in particular. The Iranian singer Afshin Jafari, who headed the German band A-Team and counts fans in their millions, launched Melodica music and dance studio in JLT this month. And Ocean Kids Dubai, which already has a base in Karama, opened a new branch this month in Al Ghusais, offering Bollywood, hip-hop and contemporary dance classes.
There are now more than 20 dance studios operating just in Dubai. In the US, the dance studios market has grown 2.3 per cent a year since 2009, according to the business intelligence provider IbisWorld.
Krista Degaetano, who runs Contemporary Dance Dubai (CDD) from a studio at a hotel on Jumeirah Beach, says TV shows such as So You Think You Can Dance and Dancing with the Stars are driving the demand for dance classes.
However, the entrepreneur acknowledges that running a dance studio can be a tricky business model to operate here. "The big issue in Dubai is that the rental cost of dance studios is so high. There's less and less space available for the growing dance world. As the economy develops, there are more smaller studios opening which are being used solely for their own purposes and not to rent or collaborate with other companies. The studios are often not fitted out to the professional standards of what a studio needs for professional dance. So the hardship is either not finding space at all, or finding poor quality studio spaces that are not suitable for a professional company."
Lisa and Scott Marshall have run Diverse Choreography since 2008. They have managed to ride out the storm of escalating rental costs by moving into their own studios, and signing a three-year deal binding their landlord to allow rent to rise only by a small, set amount each year.
"The price of the chiller was included in the rent, so that's been a massive thing for us", says Ms Marshall. "The landlord has been good to us, and we've been lucky. But the move was expensive. We refitted four studios, which cost us almost Dh500,000. And this month, we've just expanded again, with two extra dance studios and a drama room.
"Some of our senior level students want to make a career out of dance and are here for 30 to 40 hours a week, so it's really important for them to have spring flooring. But it's not cheap. For one studio it costs almost Dh30,000. You also need mirrors to check moves, which we ship in from Italy because they're of a better quality. We didn't take out a loan, we scrimped and saved. But it was tight."
Ms Marshall says it can be challenging to make a performing arts business profitable. "It depends who's running it," she adds. "Scott and I were both professional dancers before we came here - not business minds - but we're driven by trying to make what we offer the best it can be."
But not every company survives. The Bollywood star Meghna Naidu, who appeared in the 2004 film Hawas, established the Meghna Naidu Dance Academy in Dubai in July 2012. But the Bollywood dance company later shut down. Earlier this year, Move Ya Dance Studios in JLT also closed its doors. The managing director Wafik M'hamdi, who is now a personal trainer, says: "There was just no profit to be made in the dance business and there's so much competition in this market."
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COMPANY PROFILE

Name: Haltia.ai
Started: 2023
Co-founders: Arto Bendiken and Talal Thabet
Based: Dubai, UAE
Industry: AI
Number of employees: 41
Funding: About $1.7 million
Investors: Self, family and friends

Recipe

Garlicky shrimp in olive oil
Gambas Al Ajillo

Preparation time: 5 to 10 minutes

Cooking time: 5 minutes

Serves 4

Ingredients

180ml extra virgin olive oil; 4 to 5 large cloves of garlic, minced or pureed (or 3 to 4 garlic scapes, roughly chopped); 1 or 2 small hot red chillies, dried (or ¼ teaspoon dried red chilli flakes); 400g raw prawns, deveined, heads removed and tails left intact; a generous splash of sweet chilli vinegar; sea salt flakes for seasoning; a small handful of fresh flat-leaf parsley, roughly chopped

Method

Heat the oil in a terracotta dish or frying pan. Once the oil is sizzling hot, add the garlic and chilli, stirring continuously for about 10 seconds until golden and aromatic.

Add a splash of sweet chilli vinegar and as it vigorously simmers, releasing perfumed aromas, add the prawns and cook, stirring a few times.

Once the prawns turn pink, after 1 or 2 minutes of cooking, remove from the heat and season with sea salt flakes.

Once the prawns are cool enough to eat, scatter with parsley and serve with small forks or toothpicks as the perfect sharing starter. Finish off with crusty bread to soak up all that flavour-infused olive oil.

Retirement funds heavily invested in equities at a risky time

Pension funds in growing economies in Asia, Latin America and the Middle East have a sharply higher percentage of assets parked in stocks, just at a time when trade tensions threaten to derail markets.

Retirement money managers in 14 geographies now allocate 40 per cent of their assets to equities, an 8 percentage-point climb over the past five years, according to a Mercer survey released last week that canvassed government, corporate and mandatory pension funds with almost $5 trillion in assets under management. That compares with about 25 per cent for pension funds in Europe.

The escalating trade spat between the US and China has heightened fears that stocks are ripe for a downturn. With tensions mounting and outcomes driven more by politics than economics, the S&P 500 Index will be on course for a “full-scale bear market” without Federal Reserve interest-rate cuts, Citigroup’s global macro strategy team said earlier this week.

The increased allocation to equities by growth-market pension funds has come at the expense of fixed-income investments, which declined 11 percentage points over the five years, according to the survey.

Hong Kong funds have the highest exposure to equities at 66 per cent, although that’s been relatively stable over the period. Japan’s equity allocation jumped 13 percentage points while South Korea’s increased 8 percentage points.

The money managers are also directing a higher portion of their funds to assets outside of their home countries. On average, foreign stocks now account for 49 per cent of respondents’ equity investments, 4 percentage points higher than five years ago, while foreign fixed-income exposure climbed 7 percentage points to 23 per cent. Funds in Japan, South Korea, Malaysia and Taiwan are among those seeking greater diversification in stocks and fixed income.

• Bloomberg

First-round leaderbaord

-5 C Conners (Can)

-3 B Koepka (US), K Bradley (US), V Hovland (Nor), A Wise (US), S Horsfield (Eng), C Davis (Aus);

-2 C Morikawa (US), M Laird (Sco), C Tringale (US)

Selected others: -1 P Casey (Eng), R Fowler (US), T Hatton (Eng)

Level B DeChambeau (US), J Rose (Eng) 

+1 L Westwood (Eng), J Spieth (US)

+3 R McIlroy (NI)

+4 D Johnson (US)

ICC Awards for 2021+

MEN

Cricketer of the Year+– Shaheen Afridi+(Pakistan)

T20 Cricketer of the Year+– Mohammad Rizwan+(Pakistan)

ODI Cricketer of the Year+– Babar Azam+(Pakistan)

Test Cricketer of the Year+– Joe Root+(England)

WOMEN

Cricketer of the Year+– Smriti Mandhana+(India)

ODI Cricketer of the Year+– Lizelle Lee+(South Africa)

T20 Cricketer of the Year+– Tammy Beaumont+(England)

COMPANY PROFILE

Company name: Almouneer
Started: 2017
Founders: Dr Noha Khater and Rania Kadry
Based: Egypt
Number of staff: 120
Investment: Bootstrapped, with support from Insead and Egyptian government, seed round of
$3.6 million led by Global Ventures

UAE medallists at Asian Games 2023

Gold
Magomedomar Magomedomarov – Judo – Men’s +100kg
Khaled Al Shehi – Jiu-jitsu – Men’s -62kg
Faisal Al Ketbi – Jiu-jitsu – Men’s -85kg
Asma Al Hosani – Jiu-jitsu – Women’s -52kg
Shamma Al Kalbani – Jiu-jitsu – Women’s -63kg
Silver
Omar Al Marzooqi – Equestrian – Individual showjumping
Bishrelt Khorloodoi – Judo – Women’s -52kg
Khalid Al Blooshi – Jiu-jitsu – Men’s -62kg
Mohamed Al Suwaidi – Jiu-jitsu – Men’s -69kg
Balqees Abdulla – Jiu-jitsu – Women’s -48kg
Bronze
Hawraa Alajmi – Karate – Women’s kumite -50kg
Ahmed Al Mansoori – Cycling – Men’s omnium
Abdullah Al Marri – Equestrian – Individual showjumping
Team UAE – Equestrian – Team showjumping
Dzhafar Kostoev – Judo – Men’s -100kg
Narmandakh Bayanmunkh – Judo – Men’s -66kg
Grigorian Aram – Judo – Men’s -90kg
Mahdi Al Awlaqi – Jiu-jitsu – Men’s -77kg
Saeed Al Kubaisi – Jiu-jitsu – Men’s -85kg
Shamsa Al Ameri – Jiu-jitsu – Women’s -57kg

Omar Yabroudi's factfile

Born: October 20, 1989, Sharjah

Education: Bachelor of Science and Football, Liverpool John Moores University

2010: Accrington Stanley FC, internship

2010-2012: Crystal Palace, performance analyst with U-18 academy

2012-2015: Barnet FC, first-team performance analyst/head of recruitment

2015-2017: Nottingham Forest, head of recruitment

2018-present: Crystal Palace, player recruitment manager

 

 

 

 

COMPANY PROFILE

Company: Eco Way
Started: December 2023
Founder: Ivan Kroshnyi
Based: Dubai, UAE
Industry: Electric vehicles
Investors: Bootstrapped with undisclosed funding. Looking to raise funds from outside

Sarfira

Director: Sudha Kongara Prasad

Starring: Akshay Kumar, Radhika Madan, Paresh Rawal

Rating: 2/5

The specs: 2018 BMW R nineT Scrambler

Price, base / as tested Dh57,000

Engine 1,170cc air/oil-cooled flat twin four-stroke engine

Transmission Six-speed gearbox

Power 110hp) @ 7,750rpm

Torque 116Nm @ 6,000rpm

Fuel economy, combined 5.3L / 100km

How to avoid getting scammed
  • Never click on links provided via app or SMS, even if they seem to come from authorised senders at first glance
  • Always double-check the authenticity of websites
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Zidane's managerial achievements

La Liga: 2016/17
Spanish Super Cup: 2017
Uefa Champions League: 2015/16, 2016/17, 2017/18
Uefa Super Cup: 2016, 2017
Fifa Club World Cup: 2016, 2017

What went into the film

25 visual effects (VFX) studios

2,150 VFX shots in a film with 2,500 shots

1,000 VFX artists

3,000 technicians

10 Concept artists, 25 3D designers

New sound technology, named 4D SRL

 

FULL FIGHT CARD

Featherweight Bout: Abdullah Al Qahtani v Taha Bendaoud
Bantamweight Bout: Ali Taleb v Nawras Abzakh
Bantamweight Bout: Xavier Alaoui v Rachid El Hazoume
Featherweight Bout: Islam Reda v Adam Meskini
Bantamweight Bout: Tariq Ismail v Jalal Al Daaja
Bantamweight Bout: Elias Boudegzdame v Hassan Mandour
Amateur Female Atomweight Bout: Hattan Al Saif v Nada Faheem
Featherweight Bout: Maraoune Bellagouit v Motaz Askar
Featherweight Bout: Ahmed Tarek v Abdelrahman Alhyasat
Showcase Featherweight Bout: Mido Mohamed v Yazeed Hasanain
Showcase Flyweight Bout: Malik Basahel v Harsh Pandya