Dubai
Shopping event
Visit the Summer Bazaar ‘17 this Eid for a cultural market offering shopping experiences from cultures around the world, including handicrafts, apparel, beauty products, perfumes and oud, home appliances, toys and baby items, accessories and local and international foods.
Daily until Monday, 3pm to 11pm, free entry, Dubai World Trade Centre, Dubai, www.facebook.com/SummerBazaarDXB
Abu Dhabi
Family fun
Make plans to enjoy Family Fun Day at Yas Beach this Eid. The two-day event features a variety of kids’ activities, including face-painting, arts and crafts, clowns, a bouncy castle and more. Visitors will also enjoy the white sands, clear waters and natural mangrove surroundings, as well as the infinity pool, kids’ pool, private cabanas, water sports and dining options.
Saturday and Sunday, 1pm to 5pm, free entry for children younger than 12, Yas Beach, Yas Island, Abu Dhabi, www.yasbeach.ae
Abu Dhabi
Cycling event
Take part in tomorrow’s Pedal It Out event with Cyacle Bikeshare. Learn about the short-term bike-hire programme with 50 stations around Abu Dhabi. Plus, you can win prizes and get a promo code for a one-week free Eid membership with every sign-up on the Cyacle app.
Tomorrow, 5pm to 7pm, free, Cyacle Bikeshare, Nation Riviera Station, Corniche, Abu Dhabi, www.bikeshare.ae
Abu Dhabi
Eid events
Dalma Mall presents Eid Al Adha Celebration Splendour with activities to entertain visitors of all ages, including stage shows and roaming acts with the themes of Charlie and the Chocolate Factory, Magical Toy Store and Beauty and the Beast, plus Arabian folk-dance acts, a bubble show duo and 3-D art.
Daily until Sunday, activities from 3pm to 10pm, Dalma Mall, Mussaffah, Abu Dhabi, www.dalmamall.ae
Abu Dhabi
Eid carnival
Ferrari World Abu Dhabi presents a variety of events to celebrate Eid, including a storytelling show with Ayala and Khaleej dance performances, a maze with hidden popular Emirati story characters, an interactive cultural area with a henna station, arts and crafts and face-painting, a bubble show and more.
Daily until September 9, 10am to 10pm, from Dh220, Ferrari World Abu Dhabi, Yas Island, Abu Dhabi, www.ferrariworldabudhabi.com
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Read more:
New Cyacle bike stations installed around Abu Dhabi
Little Gladiators Gym: first facility dedicated to children's fitness launches in Dubai
The Chemical Brothers join Party in the Park line-up
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Abu Dhabi
Eid fun
Visit The Mall at World Trade Center for its Carnival Extravaganza this Eid, featuring performances tonight by Arabic singer and actor Hamada Helal at 6.30pm and 9.30pm followed by a meet-and-greet with fans, a kids’ circus from Italy, jugglers, acrobats, giant puppets, stage shows, parades, a mascot orchestra, Arabic heritage entertainment acts including Ayala dancers, henna art, a magician comedy show, kids’ workshops and more.
Daily until Sunday, 3.30pm to 10.30pm, free entry, The Mall at World Trade Center, Abu Dhabi, www.facebook.com/wtcad
Nationwide
Restaurant offer
Children and families can take part in the Hands On Pizza Party hosted by PizzaExpress. Enjoy an interactive cooking class and come away with a chef’s hat and a junior pizzaiolo certificate, plus your own homemade pizza and refreshing drinks.
Saturdays, 10am to noon, Dh30 per person, all ages welcome, all PizzaExpress locations across the UAE, www.pizzexpress.ae
Nationwide
New movie
Logan Lucky, directed by Steven Soderbergh, stars Channing Tatum as Jimmy Logan, a blue-collar West Virginia family man, who leads his brother Clyde (Adam Driver) and sister Mellie (Riley Keough) in a scheme to rob the Charlotte Motor Speedway during the track's most popular Nascar event of the year, the Coca-Cola 600. Action, also starring Daniel Craig, Katie Holmes, Katherine Waterston, Hilary Swank, Seth MacFarlane and Farrah Mackenzie.
Screening at cinemas across the UAE. (PG-15)
Dubai
Cricket academy
Register your children for the next term of the ICC Academy player development programme. The Warriors will begin September 11 with cricket training for ages 6 to adults, enabling each player to reach their potential from club cricket to national team programmes. Open trials for boys ages 12 to 18 take place on September 9 alongside the ICC Academy Open Day, with scholarships available for the 12 best players. That day, the general public can explore the facilities and learn more about the programmes on offer, including Cricket Cubs for ages 3 to 6 years.
September 9 for trials, 2pm; term starts September 11, Dubai Sports City, Dubai, www.iccacademy.net
Dubai
Eid activities
Find a variety of family-fun activities at Dubai Properties locations across the city this Eid, including LED hula-hooping, drummers and stilt walkers at JBR, Al Yalla dance group, neon face-painting and kids’ activities at Bay Avenue and Mudon, Shrooq and Al Khail Gate communities, as well as a jazz band at Bay Square. There is also a wide selection of dining and retail options available, henna, traditional decorations and more.
Daily until Sunday, from 7pm, JBR, Bay Avenue, Bay Square, Mudon, Shrooq and Al Khail Gate, Dubai, www.facebook.com/thewalkatjbr
Key products and UAE prices
iPhone XS
With a 5.8-inch screen, it will be an advance version of the iPhone X. It will be dual sim and comes with better battery life, a faster processor and better camera. A new gold colour will be available.
Price: Dh4,229
iPhone XS Max
It is expected to be a grander version of the iPhone X with a 6.5-inch screen; an inch bigger than the screen of the iPhone 8 Plus.
Price: Dh4,649
iPhone XR
A low-cost version of the iPhone X with a 6.1-inch screen, it is expected to attract mass attention. According to industry experts, it is likely to have aluminium edges instead of stainless steel.
Price: Dh3,179
Apple Watch Series 4
More comprehensive health device with edge-to-edge displays that are more than 30 per cent bigger than displays on current models.
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Racecard
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Friday's schedule at the Etihad Airways Abu Dhabi Grand Prix
GP3 qualifying, 10:15am
Formula 2, practice 11:30am
Formula 1, first practice, 1pm
GP3 qualifying session, 3.10pm
Formula 1 second practice, 5pm
Formula 2 qualifying, 7pm
MOUNTAINHEAD REVIEW
Starring: Ramy Youssef, Steve Carell, Jason Schwartzman
Director: Jesse Armstrong
Rating: 3.5/5
Traits of Chinese zodiac animals
Tiger:independent, successful, volatile
Rat:witty, creative, charming
Ox:diligent, perseverent, conservative
Rabbit:gracious, considerate, sensitive
Dragon:prosperous, brave, rash
Snake:calm, thoughtful, stubborn
Horse:faithful, energetic, carefree
Sheep:easy-going, peacemaker, curious
Monkey:family-orientated, clever, playful
Rooster:honest, confident, pompous
Dog:loyal, kind, perfectionist
Boar:loving, tolerant, indulgent
ELIO
Starring: Yonas Kibreab, Zoe Saldana, Brad Garrett
Directors: Madeline Sharafian, Domee Shi, Adrian Molina
Rating: 4/5
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.”
COMPANY PROFILE
Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
Current number of staff: 47
'Fantastic Beasts: The Secrets of Dumbledore'
Rating: 3/5
Directed by: David Yates
Starring: Mads Mikkelson, Eddie Redmayne, Ezra Miller, Jude Law
The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
T20 World Cup Qualifier, Muscat
UAE FIXTURES
Friday February 18: v Ireland
Saturday February 19: v Germany
Monday February 21: v Philippines
Tuesday February 22: semi-finals
Thursday February 24: final
Company%20Profile
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Springsteen: Deliver Me from Nowhere
Director: Scott Cooper
Starring: Jeremy Allen White, Odessa Young, Jeremy Strong
Rating: 4/5
Manikarnika: The Queen of Jhansi
Director: Kangana Ranaut, Krish Jagarlamudi
Producer: Zee Studios, Kamal Jain
Cast: Kangana Ranaut, Ankita Lokhande, Danny Denzongpa, Atul Kulkarni
Rating: 2.5/5
Book%20Details
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Conflict, drought, famine
Estimates of the number of deaths caused by the famine range from 400,000 to 1 million, according to a document prepared for the UK House of Lords in 2024.
It has been claimed that the policies of the Ethiopian government, which took control after deposing Emperor Haile Selassie in a military-led revolution in 1974, contributed to the scale of the famine.
Dr Miriam Bradley, senior lecturer in humanitarian studies at the University of Manchester, has argued that, by the early 1980s, “several government policies combined to cause, rather than prevent, a famine which lasted from 1983 to 1985. Mengistu’s government imposed Stalinist-model agricultural policies involving forced collectivisation and villagisation [relocation of communities into planned villages].
The West became aware of the catastrophe through a series of BBC News reports by journalist Michael Buerk in October 1984 describing a “biblical famine” and containing graphic images of thousands of people, including children, facing starvation.
Band Aid
Bob Geldof, singer with the Irish rock group The Boomtown Rats, formed Band Aid in response to the horrific images shown in the news broadcasts.
With Midge Ure of the band Ultravox, he wrote the hit charity single Do They Know it’s Christmas in December 1984, featuring a string of high-profile musicians.
Following the single’s success, the idea to stage a rock concert evolved.
Live Aid was a series of simultaneous concerts that took place at Wembley Stadium in London, John F Kennedy Stadium in Philadelphia, the US, and at various other venues across the world.
The combined event was broadcast to an estimated worldwide audience of 1.5 billion.
The%20specs%3A%202024%20Mercedes%20E200
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Tesalam Aleik
Abdullah Al Ruwaished
(Rotana)
UAE currency: the story behind the money in your pockets
THE BIO
Favourite author - Paulo Coelho
Favourite holiday destination - Cuba
New York Times or Jordan Times? NYT is a school and JT was my practice field
Role model - My Grandfather
Dream interviewee - Che Guevara
SPEC%20SHEET%3A%20APPLE%20IPAD%20PRO%20(12.9%22%2C%202022)
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Match info
Newcastle United 1
Joselu (11')
Tottenham Hotspur 2
Vertonghen (8'), Alli (18')
What vitamins do we know are beneficial for living in the UAE
Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.
Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.
Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.
Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.
UAE currency: the story behind the money in your pockets
Company%20Profile
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