The Market of Everything. Courtesy: Traffic
The Market of Everything. Courtesy: Traffic

Five things to do today: the Market of Everything and second hand designer shopping



head to the Market of Everything to buy, sell, trade, rent, lend or donate furniture, books, music, art, food, clothes, toys, cars, instruments, etc. This community project supports social sustainability through the exchange and recycling of belongings. From 11am to 10pm, Traffic, Umm Suqeim Road, Al Quoz, Dubai, 04 347 0209, www.viatraffic.org

catch Looking Is Not Seeing, an exhibition of portraits that features the works of 25 local and regional artists. The exhibition is open to both men and women. from 9am-9pm, The Art Centre, Dubai Ladies Club, Dubai, 04 349 9922, www.funoon.ae

participate in Affordable Art Night at XVA Gallery and see works including photos, sculptures, oil on canvas and more. Everything is priced at Dh6,000 or lower. From 6pm to 9pm, XVA Gallery, Building 7, DIFC Gate Village, Dubai, 04 358 5117, www.xvagallery.com

visit the House of Glamz and find new and preloved designer bags, clothes, shoes and accessories. From 9am to 7pm, Objects & Elements showroom, Alserkal Avenue, Dubai, 04 323 6182

take part in the Little Explorers Mums' Coffee Club and hear from Lesley Cully, the founder of Buckle Up in the Back, as well as the midwife Cecile de Scally, who will offer their perspectives on child rearing. From 9am to 10am, 10.30am to 11.30am or noon to 1pm; Dh50 includes free beverages and an hour of structured play at Little Explorers for an accompanying child between the ages of 2 and 7, Playnation, Mirdif City Centre, Dubai, www.facebook.com/playnationme

The specs

Engine: 6.5-litre V12 and three electric motors
Power: 1,015hp
Torque: 1,500Nm (estimate)
Transmission: Eight-speed dual-clutch auto
On sale: Early 2024
Price: From Dh2 million (estimate)

23-man shortlist for next six Hall of Fame inductees

Tony Adams, David Beckham, Dennis Bergkamp, Sol Campbell, Eric Cantona, Andrew Cole, Ashley Cole, Didier Drogba, Les Ferdinand, Rio Ferdinand, Robbie Fowler, Steven Gerrard, Roy Keane, Frank Lampard, Matt Le Tissier, Michael Owen, Peter Schmeichel, Paul Scholes, John Terry, Robin van Persie, Nemanja Vidic, Patrick Viera, Ian Wright.

The specs

Engine: 2.0-litre 4-cyl turbo

Power: 247hp at 6,500rpm

Torque: 370Nm from 1,500-3,500rpm

Transmission: 10-speed auto

Fuel consumption: 7.8L/100km

Price: from Dh94,900

On sale: now

UAE currency: the story behind the money in your pockets
Lewis Hamilton in 2018

Australia 2nd; Bahrain 3rd; China 4th; Azerbaijan 1st; Spain 1st; Monaco 3rd; Canada 5th; France 1st; Austria DNF; Britain 2nd; Germany 1st; Hungary 1st; Belgium 2nd; Italy 1st; Singapore 1st; Russia 1st; Japan 1st; United States 3rd; Mexico 4th

The specs

Engine: 4.0-litre twin-turbo V8
Power: 680hp at 6,000rpm
Torque: 800Nm at 2,750-6,000rpm
Transmission: Rear-mounted eight-speed auto
Fuel consumption: 13.6L/100km
On sale: Orderbook open; deliveries start end of year
Price: From Dh970,000

Company Profile

Name: Direct Debit System
Started: Sept 2017
Based: UAE with a subsidiary in the UK
Industry: FinTech
Funding: Undisclosed
Investors: Elaine Jones
Number of employees: 8

COMPANY PROFILE

Company name: Revibe
Started: 2022
Founders: Hamza Iraqui and Abdessamad Ben Zakour
Based: UAE
Industry: Refurbished electronics
Funds raised so far: $10m
Investors: Flat6Labs, Resonance and various others

What drives subscription retailing?

Once the domain of newspaper home deliveries, subscription model retailing has combined with e-commerce to permeate myriad products and services.

The concept has grown tremendously around the world and is forecast to thrive further, according to UnivDatos Market Insights’ report on recent and predicted trends in the sector.

The global subscription e-commerce market was valued at $13.2 billion (Dh48.5bn) in 2018. It is forecast to touch $478.2bn in 2025, and include the entertainment, fitness, food, cosmetics, baby care and fashion sectors.

The report says subscription-based services currently constitute “a small trend within e-commerce”. The US hosts almost 70 per cent of recurring plan firms, including leaders Dollar Shave Club, Hello Fresh and Netflix. Walmart and Sephora are among longer established retailers entering the space.

UnivDatos cites younger and affluent urbanites as prime subscription targets, with women currently the largest share of end-users.

That’s expected to remain unchanged until 2025, when women will represent a $246.6bn market share, owing to increasing numbers of start-ups targeting women.

Personal care and beauty occupy the largest chunk of the worldwide subscription e-commerce market, with changing lifestyles, work schedules, customisation and convenience among the chief future drivers.

Company Profile

Company name: Cargoz
Date started: January 2022
Founders: Premlal Pullisserry and Lijo Antony
Based: Dubai
Number of staff: 30
Investment stage: Seed


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