• The Sandra Mansour x H&M collection features muted and earthy tones and will be available at ae.hm.com as well as in selected stores from 6 August
    The Sandra Mansour x H&M collection features muted and earthy tones and will be available at ae.hm.com as well as in selected stores from 6 August
  • Sandra Mansour
    Sandra Mansour
  • The Sandra Mansour x H&M collection features muted and earthy tones and will be available at ae.hm.com as well as in selected stores
    The Sandra Mansour x H&M collection features muted and earthy tones and will be available at ae.hm.com as well as in selected stores
  • The jewellery in the collection: Sandra Mansour names each of her collections, and the Sandra Mansour x H&M collaboration is entitled “Fleur du Soleil” after the way a sunflower follows the sun from day into night
    The jewellery in the collection: Sandra Mansour names each of her collections, and the Sandra Mansour x H&M collaboration is entitled “Fleur du Soleil” after the way a sunflower follows the sun from day into night
  • The Sandra Mansour x H&M collection features muted and earthy tones and will be available at ae.hm.com as well as in selected stores from 6 August
    The Sandra Mansour x H&M collection features muted and earthy tones and will be available at ae.hm.com as well as in selected stores from 6 August
  • The Sandra Mansour x H&M collection is made up of muted and earthy tones and will be available at ae.hm.com as well as in selected stores from 6 August
    The Sandra Mansour x H&M collection is made up of muted and earthy tones and will be available at ae.hm.com as well as in selected stores from 6 August

Beirut-based Sandra Mansour creates line with H&M: the first Arab designer to do so


  • English
  • Arabic

Beirut-based designer Sandra Mansour is producing a diffusion collection with Swedish high-street powerhouse H&M, making her the first Arab designer ever to do so.

In the past two decades, H&M have produced lines with Stella McCartney, Lanvin, Sonia Rykiel, Erdem, Versace, Alexander Wang and more. But it has never worked with one of the many prominent Arab designers that are regulars on international runways, until now.

Masour's range will be in selected stores from Thursday, August 6 (it will also be available at ae.hm.com).

The range traverses a strictly muted palette of mushroom greys, ivory and black. Expect dresses enhanced with ruffles and layers, blouses and skirts, as well as a tailored blazer and a printed T-shirt and hoodie.

Mansour named the collection Fleur du Soleil after she became fascinated with the way a sunflower follows the sun from day into night. That inspiration can be seen in dot, floral and sunflower motifs throughout the designs.

"Poetry and painters inspired the selection of fabric – the dark laces, jacquards, and embroidered organza," Mansour adds of her inspiration. "With the Fleur du Soleil collection, I want to talk to women around the world by sending a message of hope, something we really need right now."

A design from Sandra Mansour's main label (not the H&M collaboration):

Female artists such as Toyen, Dorothea Tanning, Lena Leclercq and Bibi Zogbé are said to have been of particular inspiration to her for the collection. Zogbé is a Lebanese artist known for her paintings of florals.

Mansour started her eponymous label in 2010 (having worked with Elie Saab in the past). And while the designs are available internationally from Farfetch to Harrods, every piece from her high-end collection is made in her atelier in Beirut.

She is incredibly inspired by painters (that was her original career goal), and is known for her hand and thread embroidery. This craftsmanship is particularly apparent in her bridal line, which produces both collections and custom pieces. Princess Ekaterina of Hanover wore one of her bespoke dresses at her wedding in 2017.

The gown took 10 months to create, and honed in on Ekaterina's Russian heritage:

RESULTS
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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.”

Innotech Profile

Date started: 2013

Founder/CEO: Othman Al Mandhari

Based: Muscat, Oman

Sector: Additive manufacturing, 3D printing technologies

Size: 15 full-time employees

Stage: Seed stage and seeking Series A round of financing 

Investors: Oman Technology Fund from 2017 to 2019, exited through an agreement with a new investor to secure new funding that it under negotiation right now. 

Persuasion
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Company profile

Company name: Dharma

Date started: 2018

Founders: Charaf El Mansouri, Nisma Benani, Leah Howe

Based: Abu Dhabi

Sector: TravelTech

Funding stage: Pre-series A 

Investors: Convivialite Ventures, BY Partners, Shorooq Partners, L& Ventures, Flat6Labs

Bio:

Favourite Quote: Prophet Mohammad's quotes There is reward for kindness to every living thing and A good man treats women with honour

Favourite Hobby: Serving poor people 

Favourite Book: The Alchemist by Paulo Coelho

Favourite food: Fish and vegetables

Favourite place to visit: London

The biog

Name: Timothy Husband

Nationality: New Zealand

Education: Degree in zoology at The University of Sydney

Favourite book: Lemurs of Madagascar by Russell A Mittermeier

Favourite music: Billy Joel

Weekends and holidays: Talking about animals or visiting his farm in Australia

MATCH INFO

Uefa Champions League semi-final, first leg

Barcelona v Liverpool, Wednesday, 11pm (UAE).

Second leg

Liverpool v Barcelona, Tuesday, May 7, 11pm

Games on BeIN Sports

The cost of Covid testing around the world

Egypt

Dh514 for citizens; Dh865 for tourists

Information can be found through VFS Global.

Jordan

Dh212

Centres include the Speciality Hospital, which now offers drive-through testing.

Cambodia

Dh478

Travel tests are managed by the Ministry of Health and National Institute of Public Health.

Zanzibar

AED 295

Zanzibar Public Health Emergency Operations Centre, located within the Lumumba Secondary School compound.

Abu Dhabi

Dh85

Abu Dhabi’s Seha has test centres throughout the UAE.

UK

From Dh400

Heathrow Airport now offers drive through and clinic-based testing, starting from Dh400 and up to Dh500 for the PCR test.

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part one: how cars came to the UAE

 

Company name: Play:Date

Launched: March 2017 on UAE Mother’s Day

Founder: Shamim Kassibawi

Based: Dubai with operations in the UAE and US

Sector: Tech 

Size: 20 employees

Stage of funding: Seed

Investors: Three founders (two silent co-founders) and one venture capital fund

Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates