Dubai One, the Dubai Government's English-language television station, is more than doubling its locally produced content in its new schedule to launch on October 11, the station announced yesterday.
The investment in locally produced shows is part of the broadcaster's long-term strategy to become both a commercially viable player in the pan-Arab media landscape and a socially conscious source of local news and information, said Najla al Awadhi, the general manager of Dubai One, part of Dubai Media Incorporated (DMI).
"Entertainment is a luxury but information is a necessity, and that's why we are going down this road," she said. "Dubai needs a platform where it can grab eyeballs because it's good content, good television, but at the same time it has a purpose. It's 'infotainment'."
The new locally produced shows being launched this season include: Emirati, a weekly cultural show about Emirati identity; Dubai 101, aimed at expatriates new to the emirate; 20 Something, an interactive programme aimed at Generation Y and Dubai Tonight, a half-hour talk show featuring local and global high-profile personalities.
She said the investment in local programming came during a tough year for the local television advertising market and so far the sponsorships for the new network were still being negotiated. However, DMI is looking at building up its local content as a long-term proposition.
"It's a significant investment," she said. "Anybody who is coming from a TV background will tell you that you can have the prettiest presenter in the world and she can be smart, but if you don't have a good writer, it will be a boring show.
"Writing makes television in many ways and to find a good writer costs money. It's an investment. But because it is so strategic for us to go down that road, it is worth it, even if the shows do not make immediate money. We believe this is a long-term investment."
The Ranya Show, an Oprah-like chat show focused on local social issues, was originally slated for launch this month, but had been delayed due to production issues and would launch before the end of the year, Ms al Awadhi said.
Ms al Awadhi said finding people whose case studies illuminated current social issues and who were willing to go on air presented special challenges for this region.
"People are reluctant to go on television in our culture here and we are trying to break that," she said. "It takes time but once people begin to trust the channel and understand that media actually helps and empowers, that begins to change, slowly."
The four new shows join Out and About This Week, Emirates News and Bonds for Life to make up the channel's locally produced content. These are balanced by an array of exclusive first regional runs of western hits, including West Wing and Curb Your Enthusiasm.
"We chose to create a balanced mix in our programming," Ms al Awadhi said. "The research shows movies are strong across the board. Since 2004, the number one viewed English-language content has been movies, so we will not ignore that trend. Now, what we will also do is produce."
Keeping a strong stable of western programming helps the channel to compete with its main rival, MBC, to which Dubai One is perennially number two in the region, she said. But at the same time, the new raft of local shows mean the channel will be more selective in its acquisitions going forward.
"The volume of some of our studio deals will be diminished. However, we have a new mantra that we are going after quality, not quantity," she said.
"A lot of studios try to ram down your throat huge volume deals just to get as much money as they can, but we are going to be very selective in what we purchase because now we have programmes to replace those. Before, we didn't."
khagey@thenational.ae
From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
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COMPANY%20PROFILE
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Indoor Cricket World Cup
Venue Insportz, Dubai, September 16-23
UAE squad Saqib Nazir (captain), Aaqib Malik, Fahad Al Hashmi, Isuru Umesh, Nadir Hussain, Sachin Talwar, Nashwan Nasir, Prashath Kumara, Ramveer Rai, Sameer Nayyak, Umar Shah, Vikrant Shetty
Poland Statement
All people fleeing from Ukraine before the armed conflict are allowed to enter Poland. Our country shelters every person whose life is in danger - regardless of their nationality.
The dominant group of refugees in Poland are citizens of Ukraine, but among the people checked by the Border Guard are also citizens of the USA, Nigeria, India, Georgia and other countries.
All persons admitted to Poland are verified by the Border Guard. In relation to those who are in doubt, e.g. do not have documents, Border Guard officers apply appropriate checking procedures.
No person who has received refuge in Poland will be sent back to a country torn by war.
The%20specs
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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.”
The biog
Hobby: Playing piano and drawing patterns
Best book: Awaken the Giant Within by Tony Robbins
Food of choice: Sushi
Favourite colour: Orange
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.
The%20Sandman
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