If a $790,000 per night holiday in a space hotel is beyond your budget, the UAE is home to numerous somewhat cheaper Earth-bound facilities that offer an out-of-this-world stay.
One recent such arrival is Pearl Rotana Capital Centre in Abu Dhabi.
After hours walking its vast halls Abu Dhabi National Exhibition Centre visitors don’t have far to look for a hotel. And with the arrival of Pearl Rotana Capital Centre they have three properties operated by a homegrown brand from which to choose.
The four star addition joined the collection – within metres of two other Rotanas – a year ago, allowing it to get match-fit for human floods from major Adnec fixtures such as Abu Dhabi International Petroleum Exhibition and Convention (Adipec) in November.
Rotana is comparably smaller than its global rivals, but the hospitality group – also headquartered in Capital Centre district - delivers surprising variety across an expanding network.
As demonstrated by Pearl Rotana’s near neighbours; youthful three-star Centro and elegant four-star Arjaan.
Pearl Rotana sits somewhere between the two, majoring on cool luxury finishes with an executive-friendly lean.
It offers seven meeting/boardrooms, some combining for flexible space. Presentation aids are available, including LCD projection systems, microphones and a music system with 16 channel mixing console.
Sustenance comes courtesy of a catered on request breakout area and close proximity to all-day international dining restaurant, Saffron.
The business centre offers secretarial support, although seems small for a building with 315 rooms and suites. That said, armed with laptop and smartphone - plus high-speed internet throughout - everywhere is potential workspace.
Architects perhaps had that in mind when they incorporated the Club Rotana Lounge. This airy space is dedicated to guests staying on the Club Rotana executive level, offering complimentary drinks and snacks at various times.
Deep windows give stunning views across the Arabian Gulf and towards the Corniche skyline, making it a prime spot in which to unwind or meet associates.
There’s also a dedicated glass walled boardroom for more formal meetings – made private using blinds.
Those views also grace some Club Rotana rooms, where the generous space is given lots of light by floor-to-ceiling windows.
Fresh, stylish décor and furnishings are modern without being cold, the careful use of beige and grey offset by a purple carpet.
A sumptuous bed faces a large flat screen TV. Beside this is good desk space at which to work, with power and sockets and USB points in strategic spots, plus a two-seater sofa and another table from where you can perch your laptop.
There’s a sizeable bathroom with tub and shower while other facilities include a fridge minibar, hairdryer, tea and coffee facilities
The room service menu accesses the hotel’s F&B outlets to offer an impressive choice; including continental breakfast (Dh85), Caesar salad with chicken (Dh70) and margherita pizza (Dh75).
On the top floor, Bodylines Fitness & Wellness Club is stocked with the latest Life Fitness cardio equipment, plus free weights. Treadmills are strategically placed for a distracting sea view for those who find running a chore.
A sauna, steam room and massages are available for post workout relaxation, all sharing the level with an outside pool.
Flanked by loungers, an artificial grass area, plus a bar, the pool isn’t really designed for serious lane swimming, but you could count a few off during quieter times.
The lobby embraces an attractive mix of modern and traditional colours contrasting designer furniture and combining with artistic flourishes to give an up-do-date feel without abandoning comfort and location.
There are four F&B opportunities, including industrial loft-styled wine and tapas bar The Warehouse - think flatbreads, sliders, sausage by the metre, Lebanese sujouk, spicy tuna poke tacos – and Dino’s Bistro Italiano, which follows a largely traditional path with fun flourishes.
Besides plenty of seating inside and out is a private dining area, with business groups in mind. Dino’s serves a business lunch, noon until 3.30pm, weekdays.
Add in Saffron and Chai Lobby Lounge, and the hotel has plenty of culinary bases covered.
“Due to its location, Pearl Rotana caters primarily to the business and conference sector, being a few steps away from Adnec,” says hotel general manager Karim Nahas.
“The variety of food and beverage outlets caters for both business and leisure visitors. Additionally, location provides easy access to most attractions in the city.”
With several already established hotels on its doorstep – including Aloft, Premier Inn and Andaz Capital Gate (formerly Hyatt Capital Gate) – Pearl Rotana has had to make its presence felt.
“The hotel has managed to position itself amongst the competition,” says Mr Nahas, admitting this was “certainly more challenging for the opening to establish ourselves and become known in the market.”
But the GM confirms his hotel was full during Adipec and the SIAL Middle East food, beverage and hospitality exhibition at Adnec in December.
While Pearl Rotana is effectively going up against two other hotels in the Rotana family, visitor numbers for some Adnec events would suggest there’s plenty of convention traffic to go around; Adipec alone drew 145,000 attendees during its four-day November stint.
That in mind, this new addition - about 20 minutes from Abu Dhabi International Airport - is also likely to be grabbing footfall that would have previously ventured to hotels further out from Adnec.
And while the new kid on the blocks caters to strong business customer flow, its distinctive F&B offerings and sophisticated styling readily translate to a leisure audience that can usually benefit from lower rates when there are no events across the street.
Business Escape packages, including buffet breakfast, premium internet, complimentary local calls, daily newspaper, two pieces of laundry/dry cleaning each day, and one hour meeting room use, cost from Dh279 (plus taxes) based on 2 consecutive nights minimum booking. Club Rotana Rooms cost more.
David Dunn was a guest of Pearl Rotana.
Company%20Profile
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New schools in Dubai
Race card
6.30pm: Maiden (TB) Dh 82,500 (Dirt) 1.600m
7.05pm: Maiden (TB) Dh 82,500 (D) 2,000m
7.50pm: Handicap (TB) Dh 82,500 (D) 1,600m
8.15pm: The Garhoud Sprint Listed (TB) Dh 132,500 (D) 1,200m
8.50pm: The Entisar Listed (TB) Dh 132,500 (D) 2,000m
9.25pm: Conditions (TB) Dh 120,000 (D) 1,400m
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
Hydrogen: Market potential
Hydrogen has an estimated $11 trillion market potential, according to Bank of America Securities and is expected to generate $2.5tn in direct revenues and $11tn of indirect infrastructure by 2050 as its production increases six-fold.
"We believe we are reaching the point of harnessing the element that comprises 90 per cent of the universe, effectively and economically,” the bank said in a recent report.
Falling costs of renewable energy and electrolysers used in green hydrogen production is one of the main catalysts for the increasingly bullish sentiment over the element.
The cost of electrolysers used in green hydrogen production has halved over the last five years and will fall to 60 to 90 per cent by the end of the decade, acceding to Haim Israel, equity strategist at Merrill Lynch. A global focus on decarbonisation and sustainability is also a big driver in its development.
MATCH STATS
Wolves 0
Aston Villa 1 (El Ghazi 90 4' pen)
Red cards: Joao Moutinho (Wolves); Douglas Luiz (Aston Villa)
Man of the match: Emi Martinez (Aston Villa)
Ferrari 12Cilindri specs
Engine: naturally aspirated 6.5-liter V12
Power: 819hp
Torque: 678Nm at 7,250rpm
Price: From Dh1,700,000
Available: Now
SPECS
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Libya's Gold
UN Panel of Experts found regime secretly sold a fifth of the country's gold reserves.
The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.
Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.
A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.
MATCH INFO
Uefa Champions League semi-finals, first leg
Liverpool v Roma
When: April 24, 10.45pm kick-off (UAE)
Where: Anfield, Liverpool
Live: BeIN Sports HD
Second leg: May 2, Stadio Olimpico, Rome
WIDE%20VIEW
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THE POPE'S ITINERARY
Sunday, February 3, 2019 - Rome to Abu Dhabi
1pm: departure by plane from Rome / Fiumicino to Abu Dhabi
10pm: arrival at Abu Dhabi Presidential Airport
Monday, February 4
12pm: welcome ceremony at the main entrance of the Presidential Palace
12.20pm: visit Abu Dhabi Crown Prince at Presidential Palace
5pm: private meeting with Muslim Council of Elders at Sheikh Zayed Grand Mosque
6.10pm: Inter-religious in the Founder's Memorial
Tuesday, February 5 - Abu Dhabi to Rome
9.15am: private visit to undisclosed cathedral
10.30am: public mass at Zayed Sports City – with a homily by Pope Francis
12.40pm: farewell at Abu Dhabi Presidential Airport
1pm: departure by plane to Rome
5pm: arrival at the Rome / Ciampino International Airport
RESULTS
5pm: Watha Stallions Cup Handicap (PA) Dh 70,000 (Dirt) 2,000m
Winner: Dalil De Carrere, Bernardo Pinheiro (jockey), Mohamed Daggash (trainer)
5.30pm: Maiden (TB) Dh 70,000 (D) 2,000m
Winner: Miracle Maker, Xavier Ziani, Salem bin Ghadayer
6pm: Maiden (PA) Dh 70,000 (D) 1,600m
Winner: Pharitz Al Denari, Bernardo Pinheiro, Mahmood Hussain
6.30pm: Maiden (PA) Dh 70,000 (D) 1,600m
Winner: Oss, Jesus Rosales, Abdallah Al Hammadi
7pm: Handicap (PA) Dh 70,000 (D) 1,400m
Winner: ES Nahawand, Fernando Jara, Mohamed Daggash
7.30pm: Maiden (PA) Dh 70,000 (D) 1,000m
Winner: AF Almajhaz, Abdul Aziz Al Balushi, Khalifa Al Neyadi
8pm: Maiden (PA) Dh 70,000 (D) 1,000m
Winner: AF Lewaa, Bernardo Pinheiro, Qaiss Aboud.
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
'Project Power'
Stars: Jamie Foxx, Joseph Gordon-Levitt, Dominique Fishback
Director: Henry Joost and Ariel Schulman
Rating: 3.5/5
Keane on …
Liverpool’s Uefa Champions League bid: “They’re great. With the attacking force they have, for me, they’re certainly one of the favourites. You look at the teams left in it - they’re capable of scoring against anybody at any given time. Defensively they’ve been good, so I don’t see any reason why they couldn’t go on and win it.”
Mohamed Salah’s debut campaign at Anfield: “Unbelievable. He’s been phenomenal. You can name the front three, but for him on a personal level, he’s been unreal. He’s been great to watch and hopefully he can continue now until the end of the season - which I’m sure he will, because he’s been in fine form. He’s been incredible this season.”
Zlatan Ibrahimovic’s instant impact at former club LA Galaxy: “Brilliant. It’s been a great start for him and for the club. They were crying out for another big name there. They were lacking that, for the prestige of LA Galaxy. And now they have one of the finest stars. I hope they can go win something this year.”
It Was Just an Accident
Director: Jafar Panahi
Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr
Rating: 4/5
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.”
PREMIER LEAGUE FIXTURES
Saturday (UAE kick-off times)
Watford v Leicester City (3.30pm)
Brighton v Arsenal (6pm)
West Ham v Wolves (8.30pm)
Bournemouth v Crystal Palace (10.45pm)
Sunday
Newcastle United v Sheffield United (5pm)
Aston Villa v Chelsea (7.15pm)
Everton v Liverpool (10pm)
Monday
Manchester City v Burnley (11pm)
COMPANY%20PROFILE
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What%20is%20Dungeons%20%26%20Dragons%3F%20
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MATCH INFO
Uefa Champions League, last 16, first leg
Liverpool v Bayern Munich, midnight (Wednesday), BeIN Sports
The specs
Engine: 4-litre twin-turbo V8
Transmission: eight-speed PDK
Power: 630bhp
Torque: 820Nm
Price: Dh683,200
On sale: now
What is a robo-adviser?
Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.
These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.
Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.
Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.
The specs: 2019 Subaru Forester
Price, base: Dh105,900 (Premium); Dh115,900 (Sport)
Engine: 2.5-litre four-cylinder
Transmission: Continuously variable transmission
Power: 182hp @ 5,800rpm
Torque: 239Nm @ 4,400rpm
Fuel economy, combined: 8.1L / 100km (estimated)
The specs: 2018 Audi R8 V10 RWS
Price: base / as tested: From Dh632,225
Engine: 5.2-litre V10
Gearbox: Seven-speed automatic
Power: 540hp @ 8,250rpm
Torque: 540Nm @ 6,500rpm
Fuel economy, combined: 12.4L / 100km
Zayed Sustainability Prize
Afghanistan fixtures
- v Australia, today
- v Sri Lanka, Tuesday
- v New Zealand, Saturday,
- v South Africa, June 15
- v England, June 18
- v India, June 22
- v Bangladesh, June 24
- v Pakistan, June 29
- v West Indies, July 4
UAE Premiership
Results
Dubai Exiles 24-28 Jebel Ali Dragons
Abu Dhabi Harlequins 43-27 Dubai Hurricanes
Fixture
Friday, March 29, Abu Dhabi Harlequins v Jebel Ali Dragons, The Sevens, Dubai