With its red carpet, flashy car parked out in front and even a supermodel guest appearance, the event would have looked right at home in the Emirates.
However, this VIP party took place in a country not normally associated with such glitz and glamour - the post-Soviet state of Kazakhstan. And it was held to celebrate the arrival of something the UAE is well acquainted with: luxury shopping.
"With these words, I declare [Esentai] Mall officially open," announced Eva Herzigova, a friend of the partner of Burak Oymen, who is a co-founder of Capital Partners, the developer behind the US$450 million (Dh1.65 billion) project.
The supermodel was one of about 1,000 guests at the recent launch party in Almaty, who included tall, glamorous women with short, sharply-dressed men and many others wearing bow ties, top hats, fur coats and dripping in jewels.
The developers claim the mall will change the face of shopping in the former Kazakh capital, which has until now been home only to mass-market stores.
The size of the retail market in Kazakhstan is tiny in comparison with some countries at $29.7m last year, according to Euromonitor, but some of its residents have a lot of money to spend.
The oil-rich landlocked country, where the per capita GDP rose tenfold between the mid-1990s and 2010, has five billionaires and 12,000 millionaires, 140 of whom are worth in excess of $30m.
Work on the mall, which was originally due to open in late 2008 or early 2009, was postponed during the economic downturn and restarted only last year.
"We were committed to the project. The brands were committed to the project. It was clear this was the right project to do," says Mr Oymen.
"The decision to restart was a matter of lining up all the necessary resources together."
The six-floor, 52,000 square metre mall is part of a mixed-use project, which will include apartments, offices and a Ritz-Carlton hotel and is expected to attract between 10 million to 12 million visitors in the first year.
It is home to both high-street and luxury stores, including the first Saks Fifth Avenue, Louis Vuitton and Fendi outlets in Central Asia.
"These brands are wholly-owned brands. They are not coming through franchises," says Mr Oymen, who is originally from Turkey.
"The difference between here and the high street is you will get the new collection here at the same time as anywhere else in the world," he adds.
Edouard Faure, Louis Vuitton's general manager for Eastern Europe, says the company has had some "very good" results already with Kazakh customers in its stores around the world and felt that it was time to enter the market directly.
"The mall has an impressive environment. I think when entering it one can feel immediately that this is a very modern and luxury mall, combining quality and creativity," he adds.
But building the development, which was financed purely by Kazakh investors, was made more difficult because it lies in a seismically active area on a major fault line.
In 1911, a 7.7 magnitude earthquake destroyed more than 770 buildings, which made up almost the entire city.
The Esentai project includes the tallest tower in Almaty and the company had to comply with a strict construction code.
"We had to use a very high-quality concrete. The cement for the concrete came from Finland," says Mr Oymen.
However, Capital Partners, which also built the city's financial district, is making the most of one aspect of Almaty's geography, just 25km from the city centre.
About 2,260 metres above sea level in the Tien Shan mountain range to the south of Almaty lies another of the company's projects: Shymbulak, a former Soviet downhill ski training centre that was a venue for last year's Asian Winter Games.
The company is in the middle of transforming it into a major ski resort. "When we took at a look at Shymbulak we saw that there was lots of potential and this was a way to help diversify the Kazakh economy," says Mr Oymen.
"One of the greatest challenges Kazakhstan has faced, and one it has been aware of and worked towards addressing, has been the fact that natural resources make up such a large proportion of the Kazakh economy."
The financial sector, Esentai development and Shymbulak are all part of the same plan, he adds.
Since buying the resort, which originally had only one chair lift, Capital Partners has built a gondola ski connection - the third longest monocable in the world - a base station to house restaurants, a ski school and rental area and created 30km of runs served by six lifts.
"Our intention is to expand this and the potential for the mountains is to expand it to the size of Les Trois Vallées [in France]," says Mr Oymen.
"Les Trois Vallées has 500km of runs. So there is Courchevel, Maribel and Val Thorens. It is the largest ski resort in Europe and it's a tremendous tourism centre. The mountains here represent the potential to do the same here," he adds.
And the number of visitors to the Kazakh resort is expected to grow fast. During its first full season last year, Shymbulak attracted 350,000 visitors, of whom about 82,000 were skiers. It hopes to attract some 400,000 visitors this year, a quarter of whom are likely to be skiers.
Most of the visitors are expected to be from within Kazakhstan but to keep on expanding to the size of Les Trois Vallées, Capital Partners knows it will have to start attracting more skiers from abroad. And to do so it will have to replace the aged Soviet-era hotel at the site, something it aims to do within the next three years.
"Bringing people right now may be a bit too early. Of course, the adventurous guy would love it but when you are speaking about the family who wants a lot of comfort it's still a bit early. In two or three years we should be there," says, Lucas Marchand, the resort's managing director.
Mr Oymen admits achieving the ambition of expanding Shymbulak into a major resort will take time, possibly 10 to 15 years. But the company has already expanded its original 5km of runs to 30km and plans to steadily build on that.
But who will come?
Mr Oymen stresses the ski resort will cater to a range of tourists, not just those with the resources to shop in the luxury boutiques of Esentai Mall.
He points out a flight to Almaty from anywhere in Kazakhstan, or from western China or India takes no more than three hours. Another hour adds Moscow and the UAE to the list of potential markets.
"There's a tremendous population in this region and there are no ski resorts, so in terms of … a captive market, the captive market is huge," he says.
"How many people will ski, how many people are interested to ski and how many people will actually turn up remains to be seen."
The country also has to contend with an image problem created by the comedian Sacha Baron Cohen and his alter-ego, Borat, a fictitious Kazakh journalist who travels through America in the eponymous 2006 Hollywood film.
"Nobody really asks why Kazakhstan. The Borat question I don't like very much. I have spent a lot of time here," says Mr Oymen.
"I consider this to be my second home. I know how kind Kazakhs are and how young a society this is in reality and how young an independent state this is," he added.
Capital Partners may aim to attract international visitors through its ski resort but that is not its intention for Esentai Mall.
"This is not Dubai," says Mr Oymen. "We're not creating a shopping destination, at all.
"This is Almaty, a complete city, which offers a lot, including the ability to go and buy luxury goods if you wish to."
[ gduncan@thenational.ae ]
UAE currency: the story behind the money in your pockets
Killing of Qassem Suleimani
Results:
5pm: Maiden (PA) | Dh80,000 | 1,200 metres
Winner: Jabalini, Szczepan Mazur (jockey), Younis Kalbani (trainer)
5.30pm: UAE Arabian Derby (PA) | Prestige | Dh150,000 | 2,200m
Winner: Octave, Gerald Avranche, Abdallah Al Hammadi
6pm: Arabian Triple Crown Round 3 (PA) | Group 3 Dh300,000 | 2,200m
Winner: Harrab, Richard Mullen, Mohamed Ali
6.30pm: Emirates Championship (PA) | Group 1 | Dh1million | 2,200m
Winner: BF Mughader, Szczepan Mazur, Younis Al Kalbani
7pm: Abu Dhabi Championship (TB) | Group 3 | Dh380,000 | 2,200m
Winner: GM Hopkins, Patrick Cosgrave, Jaber Ramadhan
7.30pm: Wathba Stallions Cup (PA) | Conditions | Dh70,000 | 1,600m
Winner: AF La’Asae, Tadhg O’Shea, Ernst Oertel
Sweet Tooth
Creator: Jim Mickle
Starring: Christian Convery, Nonso Anozie, Adeel Akhtar, Stefania LaVie Owen
Rating: 2.5/5
The specs
Engine: Single front-axle electric motor
Power: 218hp
Torque: 330Nm
Transmission: Single-speed automatic
Max touring range: 402km (claimed)
Price: From Dh215,000 (estimate)
On sale: September
TRAINING FOR TOKYO
A typical week's training for Sebastian, who is competing at the ITU Abu Dhabi World Triathlon on March 8-9:
- Four swim sessions (14km)
- Three bike sessions (200km)
- Four run sessions (45km)
- Two strength and conditioning session (two hours)
- One session therapy session at DISC Dubai
- Two-three hours of stretching and self-maintenance of the body
ITU Abu Dhabi World Triathlon
For more information go to www.abudhabi.triathlon.org.
Sukuk
An Islamic bond structured in a way to generate returns without violating Sharia strictures on prohibition of interest.
Herc's Adventures
Developer: Big Ape Productions
Publisher: LucasArts
Console: PlayStation 1 & 5, Sega Saturn
Rating: 4/5
Kill
Director: Nikhil Nagesh Bhat
Starring: Lakshya, Tanya Maniktala, Ashish Vidyarthi, Harsh Chhaya, Raghav Juyal
Rating: 4.5/5
SPEC SHEET: APPLE IPHONE 14 PRO MAX
Display: 6.7" Super Retina XDR OLED, 2796 x 1290, 460ppi, 120Hz, 2000 nits max, HDR, True Tone, P3, always-on
Processor: A16 Bionic, 6-core CPU, 5-core GPU, 16-core Neural Engine
Memory: 6GB
Capacity: 128/256/512GB / 1TB
Platform: iOS 16
Main camera: Triple 48MP main (f/1.78) + 12MP ultra-wide (f/2.2) + 12MP telephoto (f/2.8), 6x optical, 15x digital, Photonic Engine, Deep Fusion, Smart HDR 4, Portrait Lighting
Main camera video: 4K @ 24/25/30/60fps, full-HD @ 25/30/60fps, HD @ 30fps, slo-mo @ 120/240fps, ProRes (4K) @ 30fps; night, time lapse, cinematic, action modes; Dolby Vision, 4K HDR
Front camera: 12MP TrueDepth (f/1.9), Photonic Engine, Deep Fusion, Smart HDR 4, Portrait Lighting; Animoji, Memoji
Front camera video: 4K @ 24/25/30/60fps, full-HD @ 25/30/60fps, slo-mo @ 120/240fps, ProRes (4K) @ 30fps; night, time lapse, cinematic, action modes; Dolby Vision, 4K HDR
Battery: 4323mAh, up to 29h video, 25h streaming video, 95h audio; fast charge to 50% in 30min; MagSafe, Qi wireless charging
Connectivity: Wi-Fi, Bluetooth 5.3, NFC (Apple Pay)
Biometrics: Face ID
I/O: Lightning
Durability: IP68, dust/splash/water resistant up to 6m up to 30min
Cards: Dual eSIM / eSIM + eSIM (US models use eSIMs only)
Colours: Deep purple, gold, silver, space black
In the box: iPhone 14 Pro Max, USB-C-to-Lightning cable, one Apple sticker
Price: Dh4,699 / Dh5,099 / Dh5,949 / Dh6,799
Leaderboard
15 under: Paul Casey (ENG)
-14: Robert MacIntyre (SCO)
-13 Brandon Stone (SA)
-10 Laurie Canter (ENG) , Sergio Garcia (ESP)
-9 Kalle Samooja (FIN)
-8 Thomas Detry (BEL), Justin Harding (SA), Justin Rose (ENG)
THE SPECS
Engine: 1.5-litre turbocharged four-cylinder
Transmission: Constant Variable (CVT)
Power: 141bhp
Torque: 250Nm
Price: Dh64,500
On sale: Now
COMPANY PROFILE
Company: Mascotte Health
Started: 2023
Based: Miami, US
Founder: Bora Hamamcioglu
Sector: Online veterinary service provider
Investment stage: $1.2 million raised in seed funding
The specs
Engine: Dual synchronous electric motors
Power: 646hp
Torque: 830Nm
Transmission: Two-speed auto (rear axle); single-speed auto (front)
Price: From Dh552,311; Dh660,408 (as tested)
On sale: now
SPECS
Engine: 1.5-litre turbo
Power: 181hp
Torque: 230Nm
Transmission: 6-speed automatic
Starting price: Dh79,000
On sale: Now
WITHIN SAND
Director: Moe Alatawi
Starring: Ra’ed Alshammari, Adwa Fahd, Muhand Alsaleh
Rating: 3/5
NEW ARRIVALS
Benjamin Mendy (Monaco) - £51.75m (Dh247.94m)
Kyle Walker (Tottenham Hotspur) - £45.9m
Bernardo Silva (Monaco) - £45m
Ederson Moraes (Benfica) - £36m
Danilo (Real Madrid) - £27m
Douglas Luiz (Vasco de Gama) - £10.8m
The Specs
Engine: 1.6-litre 4-cylinder petrol
Power: 118hp
Torque: 149Nm
Transmission: Six-speed automatic
Price: From Dh61,500
On sale: Now
The five pillars of Islam
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
The specs
Powertrain: Single electric motor
Power: 201hp
Torque: 310Nm
Transmission: Single-speed auto
Battery: 53kWh lithium-ion battery pack (GS base model); 70kWh battery pack (GF)
Touring range: 350km (GS); 480km (GF)
Price: From Dh129,900 (GS); Dh149,000 (GF)
On sale: Now
ROUTE TO TITLE
Round 1: Beat Leolia Jeanjean 6-1, 6-2
Round 2: Beat Naomi Osaka 7-6, 1-6, 7-5
Round 3: Beat Marie Bouzkova 6-4, 6-2
Round 4: Beat Anastasia Potapova 6-0, 6-0
Quarter-final: Beat Marketa Vondrousova 6-0, 6-2
Semi-final: Beat Coco Gauff 6-2, 6-4
Final: Beat Jasmine Paolini 6-2, 6-2
Results
5pm: Handicap (PA) Dh80,000 1,400m; Winner: Faiza, Sandro Paiva (jockey), Ali Rashid Al Raihe (trainer).
5.30pm: Handicap (TB) Dh90,000 1,400m; Winner: Greeley, Connor Beasley, Helal Al Alawi.
6pm: Emirates Fillies Classic Prestige (PA) Dh100,000 1,600m; Winner: Marzaga, Jim Crowley, Ana Mendez.
6.30pm: Emirates Colts Classic Prestige (PA) Dh100,000 1,600m; Winner: Jawaal, Jim Crowley, Majed Al Jahouri.
7pm: Wathba Stallions Cup Handicap (PA) Dh70,000 1,600m; Winner: AF Ashras, Tadhg O’Shea, Ernst Oertel.
7.30pm: Handicap (PA) Dh80,000 2,200m; Winner: Somoud, Richard Mullen, Ahmed Al Mehairbi.
Fight Night
FIGHT NIGHT
Four title fights:
Amir Khan v Billy Dib - WBC International title
Hughie Fury v Samuel Peter - Heavyweight co-main event
Dave Penalosa v Lerato Dlamini - WBC Silver title
Prince Patel v Michell Banquiz - IBO World title
Six undercard bouts:
Michael Hennessy Jr v Abdul Julaidan Fatah
Amandeep Singh v Shakhobidin Zoirov
Zuhayr Al Qahtani v Farhad Hazratzada
Lolito Sonsona v Isack Junior
Rodrigo Caraballo v Sajid Abid
Ali Kiydin v Hemi Ahio
Forced Deportations
While the Lebanese government has deported a number of refugees back to Syria since 2011, the latest round is the first en-mass campaign of its kind, say the Access Center for Human Rights, a non-governmental organization which monitors the conditions of Syrian refugees in Lebanon.
“In the past, the Lebanese General Security was responsible for the forced deportation operations of refugees, after forcing them to sign papers stating that they wished to return to Syria of their own free will. Now, the Lebanese army, specifically military intelligence, is responsible for the security operation,” said Mohammad Hasan, head of ACHR.
In just the first four months of 2023 the number of forced deportations is nearly double that of the entirety of 2022.
Since the beginning of 2023, ACHR has reported 407 forced deportations – 200 of which occurred in April alone.
In comparison, just 154 people were forcfully deported in 2022.
Violence
Instances of violence against Syrian refugees are not uncommon.
Just last month, security camera footage of men violently attacking and stabbing an employee at a mini-market went viral. The store’s employees had engaged in a verbal altercation with the men who had come to enforce an order to shutter shops, following the announcement of a municipal curfew for Syrian refugees.
“They thought they were Syrian,” said the mayor of the Nahr el Bared municipality, Charbel Bou Raad, of the attackers.
It later emerged the beaten employees were Lebanese. But the video was an exemplary instance of violence at a time when anti-Syrian rhetoric is particularly heated as Lebanese politicians call for the return of Syrian refugees to Syria.
SHAITTAN
Director: Vikas Bahl
Starring: Ajay Devgn, R. Madhavan, Jyothika, Janaki Bodiwala
Rating: 3/5
Profile box
Founders: Michele Ferrario, Nino Ulsamer and Freddy Lim
Started: established in 2016 and launched in July 2017
Based: Singapore, with offices in the UAE, Malaysia, Hong Kong, Thailand
Sector: FinTech, wealth management
Initial investment: $500,000 in seed round 1 in 2016; $2.2m in seed round 2 in 2017; $5m in series A round in 2018; $12m in series B round in 2019; $16m in series C round in 2020 and $25m in series D round in 2021
Current staff: more than 160 employees
Stage: series D
Investors: EightRoads Ventures, Square Peg Capital, Sequoia Capital India
Killing of Qassem Suleimani
Warlight,
Michael Ondaatje, Knopf