Indoor activities are the order of the week as the mercury soars, with plenty planned for foodies, families and culture buffs.
Here, The National rounds up seven things to do around the Emirates, from May 6 to 12.
Monday, May 6
May ushers in peak mango season, and Indian eatery Dhaba Lane is celebrating the tropical fruit with a month-long festival of curated dishes.
Although typically eaten for dessert, mango is included in a number of savoury items at the restaurant, from dynamite prawn pakoda (Dh40) to chicken with green mangoes (Dh42). There is also aam rasna pani puri (Dh20), and mango kofta curry (Dh40). For desserts, sample crispy mango tres leches (Dh25).
Until mid-June; noon-3.30pm, 6.30pm-midnight; a la carte prices; various locations across Dubai
Tuesday, May 7
Rise and shine with a breakfast at The Pods on Bluewaters Island. The dome-bound dining spot was only open for lunch and dinner previously, but has now added an affordable breakfast menu for early risers.
Diners can opt for the breakfast platter (Dh49) that includes made-to-order eggs, hash browns, cherry tomatoes, baked beans, grilled mushrooms, veal sausage and smoked turkey bacon, served alongside unlimited tea and coffee. If this is not your jam, a la carte classics include a stack of pancakes (Dh29), shakshuka (Dh29) and more.
The pods are ideal for privacy, and diners can also listen to their own choice of music by connecting their phones to the built-in speakers.
Open daily, 8am-noon for breakfast; a la carte prices or Dh49; Bluewaters Island; 04 453 8994
Wednesday, May 8
Have a rubber ducky lying around the house? Take it with you to Kokoro and enjoy a free hand roll.
The social media-famous Japanese restaurant from Houston recently opened in Dubai. It bills itself as the UAE's first handroll bar, offering options such as avocado and spicy tuna. Rubber ducks are a prominent feature of the 44-seater venue, hence the gimmick.
Chefs Daniel Lee and Patrick Pham's menu is also inundated with fresh fish options with quintessential Japanese flavour profiles, including bluefin tuna with pickled cucumber; salmon with white ponzu; and scallop with orange.
Open Wednesday to Sunday, noon-10pm; a la carte prices; Al Quoz, Dubai
Thursday, May 9
Fans of Thor can head to Madame Tussauds Dubai as the pop culture museum unveils Chris Hemsworth’s wax figure.
On loan for a limited-time from Madame Tussauds Vienna, the Hemsworth’s figure wears a light blue linen suit, plus various rings and necklaces. It also features the Australian celebrity's famous “three-day beard”, as well as his tattoos. The figure joins the likes of Dwayne Johnson, Taylor Swift and Justin Timberlake in the A-list Zone, one of the six themed areas of Madame Tussauds Dubai.
Sunday to Thursday, noon-8pm; Saturday, 11am-9pm; from Dh150; Bluewaters Island, Dubai; madametussauds.com
Friday, May 10
Families in the capital can catch a reimagined performance of Swan Lake at The Arts Center, NYU Abu Dhabi.
Duck Pond transforms one of the most romantic dance pieces into a family-friendly affair, featuring the enchantment of the ballet and the thrill of the circus. The stage brims with colour and humour, but at its core, the show is a story about identity and finding one's true self.
Circus visionary Yaron Lifschitz is the mastermind of the show, while 10 members of the world-renowned Circa ensemble are taking to the stage.
May 10, 7.30pm; May 11 and 12, 3pm; from Dh52.50; NYU Abu Dhabi, Saadiyat Marina District; nyuad-artscenter.org
Saturday, May 11
Belt out your favourite tunes at Chinese restaurant Xu, which has launched a lively karaoke brunch.
Tucked inside Kempinski Hotel, the dining spot will serve an array of Asian delights, including spicy cucumber, cherry wood Peking duck and wok-fried radish cake for appetisers. Guests can then choose one main course, with options such as sweet and sour chicken, steamed sea bream and vegetarian mapo tofu – all served with steamed rice and seasonal vegetables.
Saturdays; 1pm-5pm; from Dh295 per person; Kempinski Hotel, Mall of the Emirates; 04 394 6252
Sunday, May 12
Take the littles ones to see a new play being staged at Zabeel Theatre.
The Lion Inside is a heart-warming tale of confidence and self-esteem. It follows a mouse who is fed up of being ignored by other animals, and wishes he could roar like a lion. The story is based on the bestselling children's book of the same name by Rachel Bright and Jim Field.
May 11, 10am-noon, 2pm-4pm and 4.30pm-7.30pm; May 12, 10am-noon and 2pm-4pm; from Dh135; Zabeel Theatre, Jumeirah Zabeel Saray Hotel; dubai.platinumlist.net
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.”
What is a robo-adviser?
Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.
These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.
Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.
Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.
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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.
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The National Archives, Abu Dhabi
Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.
Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en
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- Place a sun reflector in your windshield when not driving
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- Add tint to windows
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