Celebrities stepped out in style for the 25th International Indian Film Academy (IIFA) Awards in Jaipur.
The green carpet was a display of bold and diverse fashion choices for the Digital Awards, with each star bringing their unique flair to the event.
Kareena Kapoor Khan dazzled in a corset saree that was a reimagined piece from Tarun Tahiliani's 17-year-old collection. The pre-draped satin-silk saree featured embellished golden borders, intricate zardozi work and shimmering sequins.
She paired it with a matching silk overlay, designed with embellished borders, an open front and a flowing train. Gold jewellery adorned with contrasting emerald gemstones completed the look.
The following night on Sunday, Kapoor Khan, who was one of the performers, walked the green carpet in a dramatic lavender gown by Lebanese designer Tony Ward. The strapless dress featured a corset bodice and pleated matching fabric around her waist that cascaded down into a train.
Katrina Kaif also wore a Tarun Tahiliani creation on Sunday. The actress's blush pink ensemble featured a corset blouse and lehenga skirt finished in colourful embroidered flowers, with gold sequins adding to the glamour. The look was finished off with a tulle train.
Kaif, one of the presenters of the night, briefly jived with host and Best Actor winner Kartik Aaryan on stage.
Fellow actress Kriti Sanon also exuded glamour on day one in a Mark Bumgarner outfit, featuring a seamless bodice, asymmetrical cutouts and a coiled fabric detail paired with a mermaid-silhouette skirt. She completed the look with a wet-hair style, minimal make-up and satin pumps.
Sanon, who won Best Actress for her role in the thriller Do Patti at the Digital Awards on Saturday, swapped her look for a more traditional one on Sunday. Wearing an all-white ensemble by designer Rajesh Pratap Singh, Sanon wore a simple white tunic over a bellowing sheer lehenga choli and accessorised with chunky jewellery by Amrapali Jewels.
Veteran actress Madhuri Dixit Nene wore an all-black sculptural gown by Emirati label Maryam Momaira on Saturday. The floor-length dress with plunging neckline featured dramatic curve-outlined sleeves.
On Sunday, Dixit Nene, 57, reunited with mega star Shah Rukh Khan, 59, for a performance. The pair have appeared together in many blockbusters, from Dil To Pagal Hai to Devdas.
Nushrratt Bharuccha turned heads in a strapless white gown featuring an exaggerated floral attachment on the shoulder, a square neckline, a sculpted bodice with soft pleats and a free-flowing skirt. She completed the look with a centre-parted bun and a soft glam make-up.
However, it wasn't only the women who made an impression. One of the star attractions of the two-day event was Khan, who arrived on the green carpet on Sunday in a custom all-black ensemble by Manish Malhotra. The main performer at the event, Khan wore an open front jacket paired with wide-legged trousers. He finished his look with a black crew-neck top and diamond jewellery.
Vikrant Massey also looked elegant in a black suit featuring a tailored blazer and slim-fit pants on Saturday. He styled the ensemble with dress shoes, rings and a dual-toned red and ivory pocket scarf.
Shahid Kapoor looked charming on the green carpet on Saturday in a tailored blue suit featuring a double-breasted blazer, matching tapered pants and a button-down shirt. He styled the look with tan Chelsea boots, a trimmed beard and swept-back hair, leaving the top buttons of his shirt open for a more casual look.
On Sunday, where he was one of the performers, he stuck with blue but made it traditional royal in a velvet sherwani by Falguni Shane Peacock.
Meanwhile, Bobby Deol took to the green carpet in a red textured bandhgala blazer with a subtle shimmer, pairing it with crisp white trousers, a white dress shirt with matching pocket square and brown leather loafers.
Traditionally held in a different country each year, the IIFA Awards was hosted by Abu Dhabi for three years in a row, from 2022 to 2024.
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.”
UAE tour of the Netherlands
UAE squad: Rohan Mustafa (captain), Shaiman Anwar, Ghulam Shabber, Mohammed Qasim, Rameez Shahzad, Mohammed Usman, Adnan Mufti, Chirag Suri, Ahmed Raza, Imran Haider, Mohammed Naveed, Amjad Javed, Zahoor Khan, Qadeer Ahmed
Fixtures:
Monday, 1st 50-over match
Wednesday, 2nd 50-over match
Thursday, 3rd 50-over match
UAE currency: the story behind the money in your pockets
THE SPECS
Engine: 2.0-litre 4-cylinder turbo
Power: 275hp at 6,600rpm
Torque: 353Nm from 1,450-4,700rpm
Transmission: 8-speed dual-clutch auto
Top speed: 250kph
Fuel consumption: 6.8L/100km
On sale: Now
Price: Dh146,999
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Company%20profile
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The specs
Engine: 1.6-litre 4-cyl turbo
Power: 217hp at 5,750rpm
Torque: 300Nm at 1,900rpm
Transmission: eight-speed auto
Price: from Dh130,000
On sale: now
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
Day 1 results:
Open Men (bonus points in brackets)
New Zealand 125 (1) beat UAE 111 (3)
India 111 (4) beat Singapore 75 (0)
South Africa 66 (2) beat Sri Lanka 57 (2)
Australia 126 (4) beat Malaysia -16 (0)
Open Women
New Zealand 64 (2) beat South Africa 57 (2)
England 69 (3) beat UAE 63 (1)
Australia 124 (4) beat UAE 23 (0)
New Zealand 74 (2) beat England 55 (2)
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The specs
Engine: 3.5-litre twin-turbo V6
Power: 380hp at 5,800rpm
Torque: 530Nm at 1,300-4,500rpm
Transmission: Eight-speed auto
Price: From Dh299,000 ($81,415)
On sale: Now
COMPANY PROFILE
Name: Qyubic
Started: October 2023
Founder: Namrata Raina
Based: Dubai
Sector: E-commerce
Current number of staff: 10
Investment stage: Pre-seed
Initial investment: Undisclosed
Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
On sale: Now
Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)
Mohammed bin Zayed Majlis