“What put Ormonde Jayne on the map in the UAE is that we were the first house to put oud into an international fine fragrance,” says Linda Pilkington, a perfumer and the founder of the fine fragrance company Ormonde Jayne, as she straightens a box featuring the brand’s new deep coral linen packaging in her boutique off London’s Bond Street.
At the heart of Ms Pilkington’s signature men’s fragrance, Ormonde Jayne Man, is oud, a rare oil highly-prized in the Middle East. When she launched the fragrance in 2004, she could not make it quickly enough to meet demand. Since then, oud has been incorporated into mass-market fragrances created by most of the major international fragrance brands.
Ms Pilkington says her use of high-quality, rare and unusual ingredients in her fragrances – including oud and black hemlock – is key to Ormonde Jayne’s appeal to the UAE’s discerning consumers. Many of her Emirati clients first discover her 14 fragrances in her bijou store in Mayfair’s exquisite Victorian-era Royal Arcade, the city’s oldest shopping arcade, although they have also been available in the UAE for more than five years.
“We’ve built up the brand in Bond Street for the last 15 years and we’ve got a following from Dubai, so we’re lucky that we see the same customers year after year, that come back to see if we’ve got anything new. They know the perfumes intimately, they’re very knowledgeable about the brand, they like the brand and they’ve remained loyal to us no matter how many other brands have launched.”
Ormonde Jayne is part of growing sector of independent niche perfume brands that are finding success in the UAE. The country is Ormonde Jayne’s most important market after Russia, Ms Pilkington says, and its luxury fragrances and candles are stocked in 22 outlets in Dubai, including department stores and even a flower boutique. After it launched its Black Gold fragrance at Harrods last year, the firm gave the UAE market a period of world exclusivity ahead of its launch globally. It has similar plans for the fragrance’s successor, Rose Gold.
Last month, Ormonde Jayne opened an in-store boutique at the new Robinson department store at Dubai Festival City Mall. In September the brand will launch a concession in Dubai’s new Harvey Nichols store. Ms Pilkington also plans to relaunch her bespoke perfumery service in Dubai this year, with workshops where she will help clients to create a one-off fragrance from different rare oils. In addition, she hopes to eventually create a fragrance specifically for the Middle East region.
Fragrance is big business in the UAE. Consumers in the UAE spent Dh2.35 billion on fragrances in 2016, making it the leading category in the beauty and personal care market ahead of men’s grooming, skincare and colour cosmetics, according to research by Euromonitor.
While international brands dominate overall, local fragrance brands are highly competitive within the UAE beauty market.
“Local players such as Arabian Oud and Abdul Samad Al Qurashi have snuck into the top 10 in sales volume in recent years,” says Ahmed Pauwels, the chief executive of Messe Frankfurt Middle East, the organiser of Beautyworld Middle East. The annual event is the region’s largest trade fair for beauty, hair, fragrances and well-being. “This is due to the love of fragrances in the UAE, which these two companies specialise in, and they offer premium traditional Arab fragrances such as oud which are popular among locals and tourists alike. “In the fragrance category, the trend toward niche fragrances is growing,” says Mr Pauwels. “At Beautyworld Middle East 2016, we launched Quintessence, which is an exclusive showcase of rare and niche fragrances, perhaps not readily found in your everyday department store – although that may change soon. What differentiates niche fragrances from their commercial counterparts is that they comprise ingredients that commercial or mass-market produced perfumes simply won’t touch [due to their expense], and that’s what makes them so unique.”
Ormonde Jayne will be returning with Quintessence at Beautyworld’s 2017 in Dubai in May. Ms Pilkington will be taking part alongside perfumers from at least 18 high-end fragrance brands including Thomas Kosmala, Maison Francis Kurkdjian and Ulrich Lang.
“The UAE has had a long, rich association with fragrance but now customers are looking for a more personal experience,” says Mr Pauwels. “They want to know more about how their perfume was created, the ingredients that went into it and its source of inspiration.”
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From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
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The Farewell
Director: Lulu Wang
Stars: Awkwafina, Zhao Shuzhen, Diana Lin, Tzi Ma
Four stars
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La Mer lowdown
La Mer beach is open from 10am until midnight, daily, and is located in Jumeirah 1, well after Kite Beach. Some restaurants, like Cupagahwa, are open from 8am for breakfast; most others start at noon. At the time of writing, we noticed that signs for Vicolo, an Italian eatery, and Kaftan, a Turkish restaurant, indicated that these two restaurants will be open soon, most likely this month. Parking is available, as well as a Dh100 all-day valet option or a Dh50 valet service if you’re just stopping by for a few hours.
Indika
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Why your domicile status is important
Your UK residence status is assessed using the statutory residence test. While your residence status – ie where you live - is assessed every year, your domicile status is assessed over your lifetime.
Your domicile of origin generally comes from your parents and if your parents were not married, then it is decided by your father. Your domicile is generally the country your father considered his permanent home when you were born.
UK residents who have their permanent home ("domicile") outside the UK may not have to pay UK tax on foreign income. For example, they do not pay tax on foreign income or gains if they are less than £2,000 in the tax year and do not transfer that gain to a UK bank account.
A UK-domiciled person, however, is liable for UK tax on their worldwide income and gains when they are resident in the UK.
'The worst thing you can eat'
Trans fat is typically found in fried and baked goods, but you may be consuming more than you think.
Powdered coffee creamer, microwave popcorn and virtually anything processed with a crust is likely to contain it, as this guide from Mayo Clinic outlines:
Baked goods - Most cakes, cookies, pie crusts and crackers contain shortening, which is usually made from partially hydrogenated vegetable oil. Ready-made frosting is another source of trans fat.
Snacks - Potato, corn and tortilla chips often contain trans fat. And while popcorn can be a healthy snack, many types of packaged or microwave popcorn use trans fat to help cook or flavour the popcorn.
Fried food - Foods that require deep frying — french fries, doughnuts and fried chicken — can contain trans fat from the oil used in the cooking process.
Refrigerator dough - Products such as canned biscuits and cinnamon rolls often contain trans fat, as do frozen pizza crusts.
Creamer and margarine - Nondairy coffee creamer and stick margarines also may contain partially hydrogenated vegetable oils.
The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet
Dust and sand storms compared
Sand storm
- Particle size: Larger, heavier sand grains
- Visibility: Often dramatic with thick "walls" of sand
- Duration: Short-lived, typically localised
- Travel distance: Limited
- Source: Open desert areas with strong winds
Dust storm
- Particle size: Much finer, lightweight particles
- Visibility: Hazy skies but less intense
- Duration: Can linger for days
- Travel distance: Long-range, up to thousands of kilometres
- Source: Can be carried from distant regions
Groom and Two Brides
Director: Elie Semaan
Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla
Rating: 3/5
Other workplace saving schemes
- The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
- Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
- National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
- In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
- Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
MATCH INFO
RB Leipzig 2 (Klostermann 24', Schick 68')
Hertha Berlin 2 (Grujic 9', Piatek 82' pen)
Man of the match Matheus Cunha (Hertha Berlin
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Skoda Superb Specs
Engine: 2-litre TSI petrol
Power: 190hp
Torque: 320Nm
Price: From Dh147,000
Available: Now
Gifts exchanged
- King Charles - replica of President Eisenhower Sword
- Queen Camilla - Tiffany & Co vintage 18-carat gold, diamond and ruby flower brooch
- Donald Trump - hand-bound leather book with Declaration of Independence
- Melania Trump - personalised Anya Hindmarch handbag
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Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
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.”