CEO Harald Wester is a no-nonsense kind of man who knows what he wants in his Alfa Romeos. Just as importantly, he knows what he doesn't want, and he doesn't want Alfas to trade purely off their Italian style or sentimental nods to history or stunning looks.
It's a critical car, this Giulietta, and he knows it. Every other car the Fiat Group has done in the last five years has been designed to consolidate its heartland, so they've all been based, quickly and cheaply, off earlier cars.
But it's crunch time now, because the Giulietta is the first all-new car out of the Fiat Group in years. It's based around the new "Compact" chassis architecture, it uses all the latest engine developments out of the family and it debuts new technology in plenty of areas.
It won't lack for standard equipment and it won't lack for options. The interior is also clean and Alfa's designers have made obvious attempts to make the interior seem wider than it is with a sweeping metallic-look across the dash. They've also chosen materials that VW and Audi can live with in this class.
There is standard climate-controlled air conditioning, there is Alfa's DNA (Dynamic, Normal, All-Weather) driving mode switch, and there is even cruise control.
The rear seats aren't bad, either, and a six-footer will fit back there, though not in long-haul comfort. Still, most adults will fit happily, and the kids will have plenty of room.
But the debut of the architecture Alfa calls simply "Compact" is make or break. It will underpin a vast array of future models, including a small SUV, so it's modular, using adjustable central tunnel panels and side members so it can be stretched or shrunk to different wheelbases and widths without affecting the expensive front and rear structures.
While it sticks with Macpherson strut front suspension, it uses a lighter, lower multi-link system at the back that is not only grippy, but gives it Golf-matching luggage space, too.
While the upcoming Quadrifoglio Verde model will be the 234hp hotshoe, the petrol honours are, until its arrival, carried by the 1,368cc four-cylinder MultiAir turbo engine. It has only 1,365kg for its 168hp and 250Nm engine to pull around through its front wheels. And it's a very, very good engine.
And it all delivers some suprises, the first of which is the ride quality. Even the bumpiest, most unkempt minor roads in northern Italy won't shake or upset the 1.4L MultiAir. There's a real solidity to this design that combines Italian with German and comes close to achieving the best of both worlds.
Surprisingly, no matter how far or how hard you drive it, it's always the ride quality that's uppermost in your mind. That's because it's just so good, and it's not just soaking up vertical loads that makes it impressive. It muffles road noise well, too, producing a slightly louder thud in the rear than it does in the front and that leaves you with just the engine note and the slight rustling of the wind around the mirrors at high speed.
It's a sweet little engine, this, and it's so strong from any rev range that it refuses to be cowed by the driver's clumsiness. We even tried to stall it, but it kept pulling and got up to speed in first gear, even from 450rpm - about half its idling speed.
The numbers say it only pulls 7.8 seconds to 100kph but it feels a lot better than that on in-gear sprints and it's more than quick enough most of the time.
The twin-pinion steering stands out most of the time as well, usually because you don't notice anything unusual about it. It feels beautiful just off centre, where you operate all the time on motorways and during those first few degrees of any turn, and that's because it's the old-school hydraulic part of the system that's doing the work. It's also very, very good in the changeover from the hydraulic to the electric system. It does it seamlessly and all you ever know as a driver is that it just goes where you want it to.
The gearbox is good without being brilliant, and you get the sense that the whole car is waiting eagerly for its double-clutch 'box to come on stream. The ratios are very well chosen, which barely seems to matter with an engine that can pull sixth gear from 1,000rpm.
But if the ride and the engine are both brilliant, the handling isn't quite at that level. It has a lot of grip, for sure, and there's simply no situation we could throw at it that caught it out. It just does it without fizz or fun. It's nicely nimble and stable up to a point, but beyond that, its controls begin to feel like they don't have the precision you'd expect from an Alfa and it just doesn't have the dazzle. It gets everything done beautifully, but there's a certain softness to the way it conveys what it's doing, like Alfa is dampening the last traces of feedback before they get to you.
It might not have the sharpness and agility you would expect out of the Alfa myth, but it feels like it will be an impressive car to live with every day. And that's the key.
Mina Cup winners
Under 12 – Minerva Academy
Under 14 – Unam Pumas
Under 16 – Fursan Hispania
Under 18 – Madenat
The specs: 2018 Renault Megane
Price, base / as tested Dh52,900 / Dh59,200
Engine 1.6L in-line four-cylinder
Transmission Continuously variable transmission
Power 115hp @ 5,500rpm
Torque 156Nm @ 4,000rpm
Fuel economy, combined 6.6L / 100km
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
Water waste
In the UAE’s arid climate, small shrubs, bushes and flower beds usually require about six litres of water per square metre, daily. That increases to 12 litres per square metre a day for small trees, and 300 litres for palm trees.
Horticulturists suggest the best time for watering is before 8am or after 6pm, when water won't be dried up by the sun.
A global report published by the Water Resources Institute in August, ranked the UAE 10th out of 164 nations where water supplies are most stretched.
The Emirates is the world’s third largest per capita water consumer after the US and Canada.
The%20specs
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UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
Countries offering golden visas
UK
Innovator Founder Visa is aimed at those who can demonstrate relevant experience in business and sufficient investment funds to set up and scale up a new business in the UK. It offers permanent residence after three years.
Germany
Investing or establishing a business in Germany offers you a residence permit, which eventually leads to citizenship. The investment must meet an economic need and you have to have lived in Germany for five years to become a citizen.
Italy
The scheme is designed for foreign investors committed to making a significant contribution to the economy. Requires a minimum investment of €250,000 which can rise to €2 million.
Switzerland
Residence Programme offers residence to applicants and their families through economic contributions. The applicant must agree to pay an annual lump sum in tax.
Canada
Start-Up Visa Programme allows foreign entrepreneurs the opportunity to create a business in Canada and apply for permanent residence.
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
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 has net migration to UK changed?
The figure was broadly flat immediately before the Covid-19 pandemic, standing at 216,000 in the year to June 2018 and 224,000 in the year to June 2019.
It then dropped to an estimated 111,000 in the year to June 2020 when restrictions introduced during the pandemic limited travel and movement.
The total rose to 254,000 in the year to June 2021, followed by steep jumps to 634,000 in the year to June 2022 and 906,000 in the year to June 2023.
The latest available figure of 728,000 for the 12 months to June 2024 suggests levels are starting to decrease.
Suggested picnic spots
Abu Dhabi
Umm Al Emarat Park
Yas Gateway Park
Delma Park
Al Bateen beach
Saadiyaat beach
The Corniche
Zayed Sports City
Dubai
Kite Beach
Zabeel Park
Al Nahda Pond Park
Mushrif Park
Safa Park
Al Mamzar Beach Park
Al Qudrah Lakes
Jeff Buckley: From Hallelujah To The Last Goodbye
By Dave Lory with Jim Irvin
COMPANY%20PROFILE
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Founders: Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Albabtain.
Based: Riyadh
Offices: UAE, Vietnam and Germany
Founded: September, 2020
Number of employees: 70
Sector: FinTech, online payment solutions
Funding to date: $116m in two funding rounds
Investors: Checkout.com, Impact46, Vision Ventures, Wealth Well, Seedra, Khwarizmi, Hala Ventures, Nama Ventures and family offices
Company profile
Date started: 2015
Founder: John Tsioris and Ioanna Angelidaki
Based: Dubai
Sector: Online grocery delivery
Staff: 200
Funding: Undisclosed, but investors include the Jabbar Internet Group and Venture Friends
UAE v Gibraltar
What: International friendly
When: 7pm kick off
Where: Rugby Park, Dubai Sports City
Admission: Free
Online: The match will be broadcast live on Dubai Exiles’ Facebook page
UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)
Company%20profile
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Company%20Profile
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