Alina Asif, owner of Allure, which organises fashion events for Pakistani designers at Palm Jumeirah in Dubai.
Alina Asif, owner of Allure, which organises fashion events for Pakistani designers at Palm Jumeirah in Dubai.

Patience and planning lead to motivation



Alina Asif is the co-founder of Allure, a Dubai-based company she formed in 2010 that aims to showcase South Asian designers and their creations through fashion events in the UAE. Originally from Lahore, Pakistan, Mrs Asif says planning for the future is important for her family and business - but so is enjoying life.

Describe your financial journey so far.

After finishing grade 12, I started designing shoes in Pakistan and held many successful exhibitions. In 2008, I moved to Dubai and started out with having small exhibitions at home. When I noticed that there was a huge demand for Pakistani clothes, my partner, Jyoti Karmali, and I started planning bigger events, such as Allure.

Are you a spender or a saver?

When living in Dubai, I believe it is very difficult to be a saver. I love fashion and socialising. This combination automatically makes you a spender.

Have you made any financial mistakes along the way?

I haven't made any mistakes yet. I try to do business with the least overheads and with genuine people.

What is your philosophy towards money?

I believe that life is too short, so enjoy every second of your life. Don't keep saving for tomorrow - what if you are not even there to embrace it? Don't keep yourself too busy earning, enjoy life while it lasts. I spend all that I earn.

What has been your most valuable financial lesson?

I choose to work with people who I'm comfortable with. Otherwise, people end up with a financial loss regardless of the profits that were presumed.

Why did you decide to launch Allure?

The demand for Pakistani clothes in Dubai has grown drastically and that made me launch Allure. Our next exhibition is on October 6 at the Movenpick hotel in Jumeirah Beach Residence. It will consist of between 10 and 15 upcoming Pakistani and Indian fashion designers. It's a unique opportunity to reach an affluent, trendsetting and fashion-conscious market segment via a one-of-a-kind branding and marketing platform. It's dedicated to bring to you designs that encapsulate the beauty of Pakistan's luxury fashion scene. The comprehensive women's wear selection comprises of bridal wear, saris, ensembles, tunics, dresses, kaftans, bags, shoes and jewellery. The most prominent Pakistani designers are brought together under one roof for the first time in the city, allowing fashionistas the opportunity to own this season's latest creations straight from the catwalks of Karachi.

What has been your biggest financial challenge?

The biggest financial challenge was learning to invest and take risks. To overcome the challenges I face, I try to educate myself about personal finance, avoid or minimise debt and learn basic investment skills. Also, I practise patience.

What do you like to invest in?

My ideal investment would be in jewellery.

Do you plan for the future?

Yes, I definitely plan for the future. I believe it's extremely important not only for myself, but the people working with me, for my family and everyone around me. Planning for the future motivates me to work harder to be even more successful and the same goes for the people working with me. This is an exciting and busy time. I'm looking forward to expanding this business into something that will make more of an impact. For Allure, we plan to have a minimum of four exhibitions per year.

What do you like to spend on?

I like my wardrobe to be updated with the newest collections available. I keep my eyes peeled for watches and jewellery.

* Felicity Glover

Company Profile

Company name: Hoopla
Date started: March 2023
Founder: Jacqueline Perrottet
Based: Dubai
Number of staff: 10
Investment stage: Pre-seed
Investment required: $500,000

Our legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants

UAE athletes heading to Paris 2024

Equestrian
Abdullah Humaid Al Muhairi, Abdullah Al Marri, Omar Al Marzooqi, Salem Al Suwaidi, and Ali Al Karbi (four to be selected).


Judo
Men: Narmandakh Bayanmunkh (66kg), Nugzari Tatalashvili (81kg), Aram Grigorian (90kg), Dzhafar Kostoev (100kg), Magomedomar Magomedomarov (+100kg); women's Khorloodoi Bishrelt (52kg).


Cycling
Safia Al Sayegh (women's road race).

Swimming
Men: Yousef Rashid Al Matroushi (100m freestyle); women: Maha Abdullah Al Shehi (200m freestyle).

Athletics
Maryam Mohammed Al Farsi (women's 100 metres).

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

Confirmed bouts (more to be added)

Cory Sandhagen v Umar Nurmagomedov
Nick Diaz v Vicente Luque
Michael Chiesa v Tony Ferguson
Deiveson Figueiredo v Marlon Vera
Mackenzie Dern v Loopy Godinez

Tickets for the August 3 Fight Night, held in partnership with the Department of Culture and Tourism Abu Dhabi, went on sale earlier this month, through www.etihadarena.ae and www.ticketmaster.ae.

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

Honeymoonish

Director: Elie El Samaan

Starring: Nour Al Ghandour, Mahmoud Boushahri

Rating: 3/5

Other promotions
  • Deliveroo will team up with Pineapple Express to offer customers near JLT a special treat: free banana caramel dessert with all orders on January 26
  • Jones the Grocer will have their limited edition Australia Day menu available until the end of the month (January 31)
  • Australian Vet in Abu Dhabi (with locations in Khalifa City A and Reem Island) will have a 15 per cent off all store items (excluding medications) 
SPEC SHEET: APPLE IPHONE 14

Display: 6.1" Super Retina XDR OLED, 2532 x 1170, 460ppi, HDR, True Tone, P3, 1200 nits

Processor: A15 Bionic, 6-core CPU, 5-core GPU, 16-core Neural Engine 

Memory: 6GB

Capacity: 128/256/512GB

Platform: iOS 16

Main camera: Dual 12MP main (f/1.5) + 12MP ultra-wide (f/2.4); 2x optical, 5x digital; Photonic Engine, Deep Fusion, Smart HDR 4, Portrait Lighting

Main camera video: 4K @ 24/25/3060fps, full-HD @ 25/30/60fps, HD @ 30fps; HD slo-mo @ 120/240fps; night, time lapse, cinematic, action modes; Dolby Vision, 4K HDR

Front camera: 12MP TrueDepth (f/1.9), Photonic Engine, Deep Fusion, Smart HDR 4; Animoji, Memoji; Portrait Lighting

Front camera video: 4K @ 24/25/3060fps, full-HD @ 25/30/60fps, HD slo-mo @ 120fps; night, time lapse, cinematic, action modes; Dolby Vision, 4K HDR

Battery: 3279 mAh, up to 20h video, 16h streaming video, 80h audio; fast charge to 50% in 30m; MagSafe, Qi wireless charging

Connectivity: Wi-Fi, Bluetooth 5.3, NFC (Apple Pay)

Biometrics: Face ID

I/O: Lightning

Cards: Dual eSIM / eSIM + SIM (US models use eSIMs only)

Colours: Blue, midnight, purple, starlight, Product Red

In the box: iPhone 14, USB-C-to-Lightning cable, one Apple sticker

Price: Dh3,399 / Dh3,799 / Dh4,649

Points to remember
  • Debate the issue, don't attack the person
  • Build the relationship and dialogue by seeking to find common ground
  • Express passion for the issue but be aware of when you're losing control or when there's anger. If there is, pause and take some time out.
  • Listen actively without interrupting
  • Avoid assumptions, seek understanding, ask questions
Apple product price list

iPad Pro

11" - $799 (64GB)
12.9" - $999 (64GB)

MacBook Air 

$1,199

Mac Mini

$799

The years Ramadan fell in May

1987

1954

1921

1888

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

Company profile

Name: Tabby
Founded: August 2019; platform went live in February 2020
Founder/CEO: Hosam Arab, co-founder: Daniil Barkalov
Based: Dubai, UAE
Sector: Payments
Size: 40-50 employees
Stage: Series A
Investors: Arbor Ventures, Mubadala Capital, Wamda Capital, STV, Raed Ventures, Global Founders Capital, JIMCO, Global Ventures, Venture Souq, Outliers VC, MSA Capital, HOF and AB Accelerator.

COMPANY PROFILE

Name: Xpanceo

Started: 2018

Founders: Roman Axelrod, Valentyn Volkov

Based: Dubai, UAE

Industry: Smart contact lenses, augmented/virtual reality

Funding: $40 million

Investor: Opportunity Venture (Asia)

'How To Build A Boat'
Jonathan Gornall, Simon & Schuster

The biog

Name: Younis Al Balooshi

Nationality: Emirati

Education: Doctorate degree in forensic medicine at the University of Bonn

Hobbies: Drawing and reading books about graphic design

Who is Tim-Berners Lee?

Sir Tim Berners-Lee was born in London in a household of mathematicians and computer scientists. Both his mother, Mary Lee, and father, Conway, were early computer scientists who worked on the Ferranti 1 - the world's first commercially-available, general purpose digital computer. Sir Tim studied Physics at the University of Oxford and held a series of roles developing code and building software before moving to Switzerland to work for Cern, the European Particle Physics laboratory. He developed the worldwide web code as a side project in 1989 as a global information-sharing system. After releasing the first web code in 1991, Cern made it open and free for all to use. Sir Tim now campaigns for initiatives to make sure the web remains open and accessible to all.

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

Company profile

Company name: Shipsy
Year of inception: 2015
Founders: Soham Chokshi, Dhruv Agrawal, Harsh Kumar and Himanshu Gupta
Based: India, UAE and Indonesia
Sector: logistics
Size: more than 350 employees
Funding received so far: $31 million in series A and B rounds
Investors: Info Edge, Sequoia Capital’s Surge, A91 Partners and Z3 Partners

The specs

Engine: 3.6-litre, V6
Transmission: eight-speed auto
Power: 285hp
Torque: 353Nm
Price: Dh159,900
On sale: now

Maestro

Director: Bradley Cooper

Starring: Bradley Cooper, Carey Mulligan, Maya Hawke

Rating: 3/5