Apple is holding a special event today, when it is expected to introduce a new iPad line-up – and this time the company is not so subtly teasing it.
The iPhone-maker has been famous for sending out event logos with cryptic messaging, leaving people to speculate on what is bound to be revealed.
That isn't the case for the Let Loose event, whose logo clearly references the Apple Pencil, the Robin to the iPad's Batman.
Here's what we can expect at what is anticipated to be an iPad-centric event, and in the lead-up to June's Worldwide Developers Conference.
How can you watch Let Loose?
Let Loose will be held today, May 7, at 7am Pacific time, which is 6pm in the UAE. It will not be an in-person event – it is a recorded presentation, a method Apple has now used on a regular basis, particularly after the pandemic.
There are a number of options for which you can watch the presentation, including on Apple's website, the Apple TV app, or on YouTube Live.
The lengths of Apple's events have always varied, but, given this isn't a launch with the scope of an iPhone debut, we can safely assume that it would run for about an hour (maybe just more than half an hour), and definitely not exceeding two (last year's Worldwide Developers Conference presentation went past two hours).
Select members of the media have been invited to London and New York for a first look at the devices.
What will Apple unveil?
It's an all but foregone conclusion that Apple will be unveiling iPads, and two of its four models will be in the spotlight – the iPad Air and the iPad Pro.
But, to provide important context ahead of anything else, one thing to note is that Apple is expected to use its latest M4 silicon chip on the new tablets.
That would also mark a quick transition from the M3, which was released only in October, or just more than six months. The time between the M3 and the M2 was 16 months, and it took even more than that for the M2 to be introduced after the M1.
The iPad Air is currently in its fifth generation, introduced more than two years ago. It uses the original M1, which itself is nearly four years old.
Two models are expected – the standard 10.9-inch and, for the first time, a larger 12.9-inch version to match the iPad Pro. Both are likely to use the M2 chip.
The would-be seventh-generation iPad Pro, meanwhile, will retain its 11-inch and 12.9-inch options, but with one key difference – OLED screens.
This will be the first time iPads will use organic light-emitting diodes, which have been used in iPhones since 2017's iPhone X. OLED allows better image quality and, crucially, slimmer designs, so thinner iPad Pros could be on the horizon.
The potential drawback of this, however, is that OLED panels are more expensive, so we might see some price increases.
However, given the pattern Apple has used over the years on product pricing, it may also be a welcome surprise if the company either marginally increases the prices or they stay put altogether.
There is no word if we will also be getting an 11th-generation iPad or a seventh-generation iPad Mini.
Pencil (and key?) this in
As depicted in the Let Loose logo, the Apple Pencil would seem to get the most attention.
It is expected that Apple will introduce haptic feedback on its iPad-specific stylus, which means users will feel vibrations for certain Pencil actions. There is speculation that a squeeze feature will be added to perform certain tasks.
And if there's any Apple product that needs a refresh, it's the Pencil. The original was introduced in 2015 and it took more than three years to release a second-generation Pencil. From that point, it would be nearly six years before a new, top-end Pencil is released. Of course, that's not counting the entry-level, USB-C Pencil that was launched in October.
As for other accessories, a Magic Keyboard, which would also double as a protective case, is also expected, according to Bloomberg. It would use aluminium and be more durable to address user complaints that it wears off after just several months of use.
Anything on generative AI?
This could be the reason why the M3 was short-lived: the M4 chip is expected to come with Apple's enhanced artificial intelligence features.
It is, however, unclear how much of a splash Apple will make on generative AI. We'll have to wait one more month – at the WWDC – for Apple's much-hyped announcement when it comes to the technology.
Chief executive Tim Cook did announce plans for the emerging technology in February during an annual shareholder meeting, but without giving any specific timetable.
The WWDC, which runs from June 10 to 14, would be the ideal opportunity for Apple to throw its hat into the generative AI race.
Mr Cook had made no secret about Apple's present strategy, acknowledging that the tech company was “currently investing significantly in this area”.
“We believe that will unlock transformative opportunities for users when it comes to productivity, problem-solving and more,” he said at the time.
However, the biggest hint that AI will be front and centre at the event came from Greg Joswiak, Apple’s senior vice president for worldwide marketing, whose March 26 post on X said the event was “going to be Absolutely Incredible” – with emphasis placed on the upper case “A” and “I”.
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%20Super%20Mario%20Bros%20Movie
%3Cp%3E%3Cstrong%3EDirectors%3A%3C%2Fstrong%3E%20Aaron%20Horvath%20and%20Michael%20Jelenic%0D%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Chris%20Pratt%2C%20Anya%20Taylor-Joy%2C%20Charlie%20Day%2C%20Jack%20Black%2C%20Seth%20Rogen%20and%20Keegan-Michael%20Key%0D%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%201%2F5%3C%2Fp%3E%0A
UAE-based players
Goodlands Riders: Jamshaid Butt, Ali Abid, JD Mahesh, Vibhor Shahi, Faizan Asif, Nadeem Rahim
Rose Hill Warriors: Faraz Sheikh, Ashok Kumar, Thabreez Ali, Janaka Chathuranga, Muzammil Afridi, Ameer Hamza
The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
EMERGENCY PHONE NUMBERS
Estijaba – 8001717 – number to call to request coronavirus testing
Ministry of Health and Prevention – 80011111
Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre
Emirates airline – 600555555
Etihad Airways – 600555666
Ambulance – 998
Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries
WITHIN%20SAND
%3Cp%3EDirector%3A%20Moe%20Alatawi%3C%2Fp%3E%0A%3Cp%3EStarring%3A%20Ra%E2%80%99ed%20Alshammari%2C%20Adwa%20Fahd%2C%20Muhand%20Alsaleh%3C%2Fp%3E%0A%3Cp%3ERating%3A%203%2F5%3C%2Fp%3E%0A
Scoreline
Man Utd 2 Pogba 27', Martial 49'
Everton 1 Sigurdsson 77'
Company%20profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3EHakbah%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2018%0D%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3ENaif%20AbuSaida%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3ESaudi%20Arabia%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%20%3C%2Fstrong%3E22%20%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%20%3C%2Fstrong%3E%24200%2C000%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3Epre-Series%20A%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EGlobal%20Ventures%20and%20Aditum%20Investment%20Management%0D%3Cbr%3E%3Cbr%3E%3C%2Fp%3E%0A
The Transfiguration
Director: Michael O’Shea
Starring: Eric Ruffin, Chloe Levine
Three stars
How to watch Ireland v Pakistan in UAE
When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.