THE SPECS
Jaguar F-Pace SVR
Engine: 5-litre supercharged V8
Transmission: 8-speed automatic
Power: 542bhp
Torque: 680Nm
Price: Dh465,071
When it comes to car brands, there’s always been something a little seductive about Jaguar. The models that have come from the leaping cat stable over the years have always been classy, but just a touch risque at the same time.
If Dodge Chargers were the go-to motors of choice for blue-collar US antiheroes in films from the '60s and '70s, in the same time period Jaguars were the symbolic ride for a roguish chap of means, quite possibly wearing a trilby but almost certainly a swanky jacket.
That image was definitely part of the appeal – your Ferrari, say, or Rolls-Royce customers were a different breed, and let’s not even talk about those who bought an Austin Allegro. The fact that Jaguar produced the E-Type (arguably the most attractive and alluring car of all time, but certainly so when it was released in 1961) also added to the mystique.
At the other end of the spectrum, SUVs, as a general concept in the motoring world, have seldom been described as seductive, except perhaps by those who find Downton Abbey a subversive viewing choice. We like them, of course, but their sheer practicality is their downfall in the cool stakes.
So what could we expect from an SUV produced by Jaguar? That was a question first posed in 2015, when the brand’s F-Pace rolled off the production lines. And you won’t need the world’s most eminent statistician to tell you buyers liked it as the F-Pace became the marque’s best-selling model within a year.
So much for history though. It’s 2019 now, and the latest and most powerful of Jaguar’s SUV range is here in the Middle East – the F-Pace SVR. And, to give an impression of what sort of poke we’re talking about from the off, this newbie is served by a supercharged five-litre V8 engine.
Now, that sounds more Jaguar-like, doesn’t it?
To give it context, this engine is the same power plant that’s been warming the cockles of the hearts of those driving the similarly titled but rather different F-Type SVR, which is a more traditional, heads-down-and-charge Jag sports car.
Suffice to say, this engine gives a deep, dramatic drawl that would have the tea set shaking if your villa doors were big enough to let an SVR in your living room.
As it stands, motionless, the new F-Pace could be any of the many smart and pristine SUVs available today. Few of those competitors, however, would be able to touch the Jag in terms of performance. This model, which produces 542 horsepower, will do 0-100 kilometres per hour in 4.3 seconds and touch 283kph. Shove that in your pipe and smoke it, Downton-fearers.
Foot down, this car utters a visceral growl before a ferocious, controlled thrust kicks in. And, in cars of this size, the experience is never manic as the sensation of speed is muted. You might think of it as the cabin cuddling you. That comfort doesn’t make the experience of haring along the highway any less stimulating though.
If you really want to rattle your teeth, you can put the SVR in Dynamic mode, a setting which tells the car to significantly sharpen throttle response, increase steering weighting and perform gearshifts at higher engine revs.
The SVR version looks a little different from standard models, as it has beefier front and rear bumpers, and extra air vents on the bonnet and each wing. It also comes with quad tailpipes in polished aluminium, which is all very space age.
And if you choose that appealing Ultra Blue colour the test SVR came in, it's going to set you apart from many of the other, blander-hued SUVs on the roads.
Inside, the car has the usual, reliable Jaguar Land Rover infotainment system and a raft of meshed aluminium veneer. The contrasting stitching is a neat feature, and the bolstered sports seats are actually comfortable. The dashboard is little changed from the standard version, but that’s not really why you’d buy an SVR.
This V8 model is, of course, the top-of-the-range option, but you can get a base model F-Pace with a two-litre engine for Dh198,345. However, even this premium SVR is competitively priced if you compare it to similar, souped-up SUVs.
If you’re looking something a little more interesting than the UAE’s traditional bruisers in this class, you may well have found it in the SVR. And these days, thankfully, you don’t have to be male, roguish, or in possession of a comedy hat to drive one, either.
The specs
Engine: five-litre supercharged V8
Transmission: eight-speed automatic
Power: 542bhp
Torque: 680Nm
Price: Dh465,071
Killing of Qassem Suleimani
Why your domicile status is important
Your UK residence status is assessed using the statutory residence test. While your residence status – ie where you live - is assessed every year, your domicile status is assessed over your lifetime.
Your domicile of origin generally comes from your parents and if your parents were not married, then it is decided by your father. Your domicile is generally the country your father considered his permanent home when you were born.
UK residents who have their permanent home ("domicile") outside the UK may not have to pay UK tax on foreign income. For example, they do not pay tax on foreign income or gains if they are less than £2,000 in the tax year and do not transfer that gain to a UK bank account.
A UK-domiciled person, however, is liable for UK tax on their worldwide income and gains when they are resident in the UK.
What are NFTs?
Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.
You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”
However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.
This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”
This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.
Mountain%20Boy
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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
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
EA Sports FC 24
MATCH INFO
Barcelona v Real Madrid, 11pm UAE
Match is on BeIN Sports
How to watch Ireland v Pakistan in UAE
When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.
Four-day collections of TOH
Day Indian Rs (Dh)
Thursday 500.75 million (25.23m)
Friday 280.25m (14.12m)
Saturday 220.75m (11.21m)
Sunday 170.25m (8.58m)
Total 1.19bn (59.15m)
(Figures in millions, approximate)
COMPANY%20PROFILE
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THE SPECS
2020 Toyota Corolla Hybrid LE
Engine: 1.8 litre combined with 16-volt electric motors
Transmission: Automatic with manual shifting mode
Power: 121hp
Torque: 142Nm
Price: Dh95,900
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.”
THE SPECS
Jaguar F-Pace SVR
Engine: 5-litre supercharged V8
Transmission: 8-speed automatic
Power: 542bhp
Torque: 680Nm
Price: Dh465,071