Priyanka Chopra and Nick Jonas's daughter was born on January 15 via surrogacy. AP
Priyanka Chopra and Nick Jonas's daughter was born on January 15 via surrogacy. AP
Priyanka Chopra and Nick Jonas's daughter was born on January 15 via surrogacy. AP
Priyanka Chopra and Nick Jonas's daughter was born on January 15 via surrogacy. AP

Priyanka Chopra and Nick Jonas finally welcome daughter Malti Marie home


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On Mother's Day on Sunday, Priyanka Chopra and Nick Jonas revealed their daughter, Malti Marie Chopra Jonas, has finally come home after spending more than 100 days in a neonatal intensive care unit. Sharing the first photo of their baby girl, who was born in January via surrogacy, Chopra said the last few months had been a “roller coaster”.

“After 100-plus days in the NICU, our little girl is finally home,” she said. “Every family’s journey is unique and requires a certain level of faith, and while ours was a challenging few months, what becomes abundantly clear, in retrospect, is how precious and perfect every moment is.”

She thanked the doctors and nurses at the Rady Children’s and Cedar Sinai hospitals, and said: “Our next chapter begins now, and our baby is truly a badass. Let’s get it MM! Mommy and Daddy love you.”

Chopra also thanked her husband in her post, saying: “There is no one I’d rather do this with than you. Thank you for making me a mama @nickjonas I love you.”

Both father and mother can be seen in the photograph, with baby Malti Marie's face covered with a heart emoji.

Sharing the same photo, Jonas also wished his “incredible wife” well “on her first Mother’s Day”.

“Babe, you inspire me and every way, and you are taking to this new role with such ease and steadiness. I am so grateful to be on this journey with you. You are already an incredible mother. Happy Mother’s Day. I love you,” he said.

In January, the couple announced a surrogate had given birth to their first child.

“We are overjoyed to confirm that we have welcomed a baby via surrogate. We respectfully ask for privacy during this special time as we focus on our family,” they said at the time.

In April, TMZ revealed the birth certificate of baby Malti Marie.

The name Malti comes from the ancient Indian language Sanskrit, and means “fragrant flower” or “moonlight”. It is a name associated with luminance, brightness and brilliance, and was typically common among older generations in India.

Chopra, 39, and Jonas, 29, married in a lavish ceremony in India on December 1, 2018. It was attended by, among others, his musician brothers Kevin and Joe Jonas, and Joe's wife, the Game of Thrones actress Sophie Turner. They celebrated their marriage with three wedding receptions — two in Mumbai and one in New Delhi.

Celebrities who've welcomed children through surrogacy — in pictures:

  • Socialite Paris Hilton and her husband Carter Reum have welcomed a baby boy via surrogacy, she announced in January. AFP
    Socialite Paris Hilton and her husband Carter Reum have welcomed a baby boy via surrogacy, she announced in January. AFP
  • Actress Rebel Wilson welcomed a daughter, Royce Lillian, via surrogate in November 2022. Getty Images
    Actress Rebel Wilson welcomed a daughter, Royce Lillian, via surrogate in November 2022. Getty Images
  • 'The Tonight Show' host Jimmy Fallon and his wife Nancy Juvonen's daughters Winnie Rose and Frances Cole were born via surrogacy in 2013 and 2014 respectively. Reuters
    'The Tonight Show' host Jimmy Fallon and his wife Nancy Juvonen's daughters Winnie Rose and Frances Cole were born via surrogacy in 2013 and 2014 respectively. Reuters
  • Power couple Nicole Kidman and Keith Urban are parents to two daughters, Sunday and Faith. While Kidman gave birth to Sunday in 2008, Faith was born via a surrogate in 2011. AFP
    Power couple Nicole Kidman and Keith Urban are parents to two daughters, Sunday and Faith. While Kidman gave birth to Sunday in 2008, Faith was born via a surrogate in 2011. AFP
  • Funnywoman Kristen Wigg and her husband Avi Rothman welcomed twins through surrogacy in December 2021. Getty Images
    Funnywoman Kristen Wigg and her husband Avi Rothman welcomed twins through surrogacy in December 2021. Getty Images
  • Actress Gabrielle Union and NBA star Dwyane Wade had their daughter Kaavia James Union Wade via surrogacy in November 2018. Union has been open about her journey after several pregnancy losses. AFP
    Actress Gabrielle Union and NBA star Dwyane Wade had their daughter Kaavia James Union Wade via surrogacy in November 2018. Union has been open about her journey after several pregnancy losses. AFP
  • Star couple Sarah Jessica Parker and Matthew Broderick have three children. Their first was born when Parker was 37. When she was 43, the couple decided to use a surrogate and had twins Marion and Tabitha in 2009. AFP
    Star couple Sarah Jessica Parker and Matthew Broderick have three children. Their first was born when Parker was 37. When she was 43, the couple decided to use a surrogate and had twins Marion and Tabitha in 2009. AFP
  • Actress Elizabeth Banks and sportswriter and film producer husband Max Handelman have two sons, Felix and Magnus Mitchell, born via surrogacy. AFP
    Actress Elizabeth Banks and sportswriter and film producer husband Max Handelman have two sons, Felix and Magnus Mitchell, born via surrogacy. AFP
  • Actress Ellen Pompeo had her second child, Sienna May, with husband Chris Ivery, via surrogacy in October 2014. They welcomed their third, Eli Christopher, in 2016. He is presumed to have been born via a surrogate, too, according to reports, though the couple have not officially commented on this. AFP
    Actress Ellen Pompeo had her second child, Sienna May, with husband Chris Ivery, via surrogacy in October 2014. They welcomed their third, Eli Christopher, in 2016. He is presumed to have been born via a surrogate, too, according to reports, though the couple have not officially commented on this. AFP
  • Priyanka Chopra and Nick Jonas made headlines by announcing the arrival of their first child through surrogacy on Instagram. AFP
    Priyanka Chopra and Nick Jonas made headlines by announcing the arrival of their first child through surrogacy on Instagram. AFP
  • Model and TV host Tyra Banks and her former partner Erik Asla are parents to son York, who was born in 2016. After years of trying to become pregnant, the couple turned to gestational surrogacy to have a child. AFP
    Model and TV host Tyra Banks and her former partner Erik Asla are parents to son York, who was born in 2016. After years of trying to become pregnant, the couple turned to gestational surrogacy to have a child. AFP
The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

Company%20Profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20myZoi%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202021%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Syed%20Ali%2C%20Christian%20Buchholz%2C%20Shanawaz%20Rouf%2C%20Arsalan%20Siddiqui%2C%20Nabid%20Hassan%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%2037%3Cbr%3E%3Cstrong%3EInvestment%3A%3C%2Fstrong%3E%20Initial%20undisclosed%20funding%20from%20SC%20Ventures%3B%20second%20round%20of%20funding%20totalling%20%2414%20million%20from%20a%20consortium%20of%20SBI%2C%20a%20Japanese%20VC%20firm%2C%20and%20SC%20Venture%3C%2Fp%3E%0A
Abaya trends

The utilitarian robe held dear by Arab women is undergoing a change that reveals it as an elegant and graceful garment available in a range of colours and fabrics, while retaining its traditional appeal.

The National Archives, Abu Dhabi

Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.

Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en

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
What can victims do?

Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

Report to local authorities

Warn others to prevent further harm

Courtesy: Crystal Intelligence

MATCH INFO

Euro 2020 qualifier

Croatia v Hungary, Thursday, 10.45pm, UAE

TV: Match on BeIN Sports

Results

Final: Iran beat Spain 6-3.

Play-off 3rd: UAE beat Russia 2-1 (in extra time).

Play-off 5th: Japan beat Egypt 7-2.

Play-off 7th: Italy beat Mexico 3-2.

Race results:

1. Thani Al Qemzi (UAE) Team Abu Dhabi: 46.44 min

2. Peter Morin (FRA) CTIC F1 Shenzhen China Team: 0.91sec

3. Sami Selio (FIN) Mad-Croc Baba Racing Team: 31.43sec

Guns N’ Roses’s last gig before Abu Dhabi was in Hong Kong on November 21. We were there – and here’s what they played, and in what order. You were warned.

  • It’s So Easy
  • Mr Brownstone
  • Chinese Democracy
  • Welcome to the Jungle
  • Double Talkin’ Jive
  • Better
  • Estranged
  • Live and Let Die (Wings cover)
  • Slither (Velvet Revolver cover)
  • Rocket Queen
  • You Could Be Mine
  • Shadow of Your Love
  • Attitude (Misfits cover)
  • Civil War
  • Coma
  • Love Theme from The Godfather (movie cover)
  • Sweet Child O’ Mine
  • Wichita Lineman (Jimmy Webb cover)
  • Wish You Were Here (instrumental Pink Floyd cover)
  • November Rain
  • Black Hole Sun (Soundgarden cover)
  • Knockin’ on Heaven’s Door (Bob Dylan cover)
  • Nightrain

Encore:

  • Patience
  • Don’t Cry
  • The Seeker (The Who cover)
  • Paradise City
The specs
Engine: 77.4kW all-wheel-drive dual motor
Power: 320bhp
Torque: 605Nm
Transmission: Single-speed automatic
Price: From Dh219,000
On sale: Now
Company profile

Company: Verity

Date started: May 2021

Founders: Kamal Al-Samarrai, Dina Shoman and Omar Al Sharif

Based: Dubai

Sector: FinTech

Size: four team members

Stage: Intially bootstrapped but recently closed its first pre-seed round of $800,000

Investors: Wamda, VentureSouq, Beyond Capital and regional angel investors

THE BIO

Born: Mukalla, Yemen, 1979

Education: UAE University, Al Ain

Family: Married with two daughters: Asayel, 7, and Sara, 6

Favourite piece of music: Horse Dance by Naseer Shamma

Favourite book: Science and geology

Favourite place to travel to: Washington DC

Best advice you’ve ever been given: If you have a dream, you have to believe it, then you will see it.

THE SPECS

Engine: Four-cylinder 2.5-litre

Transmission: Seven-speed auto

Power: 165hp

Torque: 241Nm

Price: Dh99,900 to Dh134,000

On sale: now

 

 

Name: Brendalle Belaza

From: Crossing Rubber, Philippines

Arrived in the UAE: 2007

Favourite place in Abu Dhabi: NYUAD campus

Favourite photography style: Street photography

Favourite book: Harry Potter

 

 

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.”

How to invest in gold

Investors can tap into the gold price by purchasing physical jewellery, coins and even gold bars, but these need to be stored safely and possibly insured.

A cheaper and more straightforward way to benefit from gold price growth is to buy an exchange-traded fund (ETF).

Most advisers suggest sticking to “physical” ETFs. These hold actual gold bullion, bars and coins in a vault on investors’ behalf. Others do not hold gold but use derivatives to track the price instead, adding an extra layer of risk. The two biggest physical gold ETFs are SPDR Gold Trust and iShares Gold Trust.

Another way to invest in gold’s success is to buy gold mining stocks, but Mr Gravier says this brings added risks and can be more volatile. “They have a serious downside potential should the price consolidate.”

Mr Kyprianou says gold and gold miners are two different asset classes. “One is a commodity and the other is a company stock, which means they behave differently.”

Mining companies are a business, susceptible to other market forces, such as worker availability, health and safety, strikes, debt levels, and so on. “These have nothing to do with gold at all. It means that some companies will survive, others won’t.”

By contrast, when gold is mined, it just sits in a vault. “It doesn’t even rust, which means it retains its value,” Mr Kyprianou says.

You may already have exposure to gold miners in your portfolio, say, through an international ETF or actively managed mutual fund.

You could spread this risk with an actively managed fund that invests in a spread of gold miners, with the best known being BlackRock Gold & General. It is up an incredible 55 per cent over the past year, and 240 per cent over five years. As always, past performance is no guide to the future.

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 

Name: Colm McLoughlin

Country: Galway, Ireland

Job: Executive vice chairman and chief executive of Dubai Duty Free

Favourite golf course: Dubai Creek Golf and Yacht Club

Favourite part of Dubai: Palm Jumeirah

 

The specs

Engine: 0.8-litre four cylinder

Power: 70bhp

Torque: 66Nm

Transmission: four-speed manual

Price: $1,075 new in 1967, now valued at $40,000

On sale: Models from 1966 to 1970

Updated: May 09, 2022, 6:53 AM