Visit the Sheikh Zayed Heritage Festival in Al Wathba for a variety of family activities.
Visit the Sheikh Zayed Heritage Festival in Al Wathba for a variety of family activities.
Visit the Sheikh Zayed Heritage Festival in Al Wathba for a variety of family activities.
Visit the Sheikh Zayed Heritage Festival in Al Wathba for a variety of family activities.

Top 10: Enjoy family fun at the Sheikh Zayed Heritage Festival, visit the Ripe Market in Abu Dhabi and Dubai, and more


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Abu Dhabi

Cultural festival

Enjoy a day at the Sheikh Zayed Heritage Festival, with a variety of activities that celebrate the legacy of the nation’s Founding Father. Enjoy regional and international traditional dances, camel and horse rides, arts and crafts, activities for children, handicraft demonstrations, henna, a souq and traditional food options.

Daily until January 22, Al Wathba, Abu Dhabi, www.facebook.com/zayedfestival

Sharjah

Concert series

Book tickets now for the Sharjah World Music Festival, which starts next Friday with a concert by Abdullah Al Ruwaished and Balqees at Al Majaz Amphitheatre. Performances continue for four more nights, showcasing sounds from around the world, including Andalusian Night, The Magical Classic & Jazzy Night and more.

January 12 to 14 and January 18 to 19, 9pm, from Dh100, Al Majaz Amphitheatre on January 12; 9pm, from Dh60, Flag Island Amphitheatre all other nights, Sharjah, www.ticketmaster.ae

Abu Dhabi

Exhibition

Catch the final weekend of the Game Van at the exhibition Comic Craze, an exhibition of comic-strip artworks by members of the UAE's graphic artist community, organised by the Department of Culture and Tourism – Abu Dhabi. Enjoy playing the latest gaming consoles including PlayStation 4, Xbox One, Wii and more, including fun snacks. Visitors can also see a video room, books, figurines and explore an interactive wall.

Daily until Sunday, 8am to 8pm for the exhibition; daily until Saturday for the Game Van, Manarat Al Saadiyat, Saadiyat Island, Abu Dhabi, www.visitabudhabi.ae

Al Ain

Karting

Learn the fundamentals and discipline of motorsports at the third Students’ Karting Cup at Al Ain Raceway. Three age categories of aspiring racers will compete over two days, promoting karting as a sport among the new generation and teaching responsible driving skills. The finals for the event are scheduled to take place on February 16.

January 26 for ages 12-15; January 27 for ages 16-19 and ages 20-23, from 10am to 7pm, from Dh250 for the series, Al Ain Raceway, Al Ain, www.skcae.com

Register for the Students' Karting Cup at Al Ain Raceway, which takes place starting January 26.
Register for the Students' Karting Cup at Al Ain Raceway, which takes place starting January 26.

Abu Dhabi & Dubai

Outdoor markets

Visit Ripe Market to stock up on produce, shop for gifts and enjoy a community spirit at one of several city venues. Find seasonal organic produce grown locally as well as a variety of superfoods, juices, honey, eggs and essential pantry items. You can also enjoy cooking stalls, vendors selling gift items such as jewellery and clothing, live music and entertainment, yoga and children’s activities, all in beautiful surroundings.

Today, 9am to 4pm, Gate 2, Zabeel Park, Dubai; tomorrow, noon to 9pm, Al Barsha Pond Park, Dubai; 3pm to 9pm, Umm Al Emarat Park, Abu Dhabi, www.ripeme.com

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Dubai

Performance

Book tickets to attend a performance of Evita at Dubai Opera. The Bill Kenwright production of the Andrew Lloyd Webber and Tim Rice show tells the story of Argentina's first lady, Eva Perón, who was seen as the country's spiritual leader after her work for women and the poor. The show, which debuted in 1976, includes the hit songs Don't Cry for Me Argentina and On This Night of a Thousand Stars, and was the basis for the film of the same name starring Madonna.

January 22 to February 3, 8pm daily; plus 2.30pm on Fridays and Saturdays, from Dh250, Dubai Opera, Downtown Dubai, www.dubaiopera.com

Dubai

French classes

Resolve to learn a language this new year and take advantage of a 10 per cent discount on French classes with Alliance Française Dubai at their new branch in Dubai Knowledge Park. Classes are also available at the Oud Metha and Mall of the Emirates branches and are aimed at adults and teenagers in various levels.

Starts January 13, run until March 2, various timings, from Dh1,700 for 21 hours of classes, Alliance Française Dubai, Dubai Knowledge Park, Dubai, 04 335 8712, www.afdubai.org

Get a discount of 10 per cent when you book a French class at the new Alliance Francaise Dubai branch in Dubai Knowledge Park. Alliance Francaise Dubai
Get a discount of 10 per cent when you book a French class at the new Alliance Francaise Dubai branch in Dubai Knowledge Park. Alliance Francaise Dubai

Dubai

Family fun

Take advantage of an offer from Emaar Entertainment at Dubai Shopping Festival that gives you access to top venues including Dubai Aquarium and Underwater Zoo, Reel Cinemas, Dubai Ice Rink and KidZania Dubai. Enjoy movies, public skating, visit marine life and more, at discount prices of nearly 40 per cent off.

Daily until January 27, from Dh135 for the Friends pass; Dh230 for the Family pass, Dubai; passes can be purchased at each venue or at www.dubaifunpass.com

Add entertainment to shopping this DSF with Emaar Entertainment.
Add entertainment to shopping this DSF with Emaar Entertainment.

Dubai

Winter attraction

Enjoy the final day of the Dubai Ice Rink Snowfest, which features a wonderland of children’s activities, a winter festive market full of gifts and accessories to buy, plus tasty treats that include desserts made with liquid nitrogen. Also enjoy a snow-play zone and snow slope.

Today, 10am to midnight, free entry to festive market; access to activities via waitlist or upon market purchase, Dubai Ice Rink, The Dubai Mall, Downtown Dubai, 04 448 5111, www.dubaiicerink.com

Dubai

Exhibition

See the latest instalment of the Perspective: Art Exhibition series, Maqam Al Saba by Maysa Mohammed, which showcases 30 images by the Syrian artist that narrate a story of the cultural and social landscape of her country. The bright colours and playful art represent the belief that despite pain, there is plenty of room for life.

Daily until February 14, 10 am to 10pm, Le Patio, St Regis Dubai, Al Habtoor City, Sheikh Zayed Road, Dubai, www.stregisdubai.com

Perspective: Art Exhibition continues with a showcase of works by Maysa Mohammed including Maqam Al Saba 16 (a detail, pictured). Maysa Mohammed
Perspective: Art Exhibition continues with a showcase of works by Maysa Mohammed including Maqam Al Saba 16 (a detail, pictured). Maysa Mohammed
UAE currency: the story behind the money in your pockets
Four reasons global stock markets are falling right now

There are many factors worrying investors right now and triggering a rush out of stock markets. Here are four of the biggest:

1. Rising US interest rates

The US Federal Reserve has increased interest rates three times this year in a bid to prevent its buoyant economy from overheating. They now stand at between 2 and 2.25 per cent and markets are pencilling in three more rises next year.

Kim Catechis, manager of the Legg Mason Martin Currie Global Emerging Markets Fund, says US inflation is rising and the Fed will continue to raise rates in 2019. “With inflationary pressures growing, an increasing number of corporates are guiding profitability expectations downwards for 2018 and 2019, citing the negative impact of rising costs.”

At the same time as rates are rising, central bankers in the US and Europe have been ending quantitative easing, bringing the era of cheap money to an end.

2. Stronger dollar

High US rates have driven up the value of the dollar and bond yields, and this is putting pressure on emerging market countries that took advantage of low interest rates to run up trillions in dollar-denominated debt. They have also suffered capital outflows as international investors have switched to the US, driving markets lower. Omar Negyal, portfolio manager of the JP Morgan Global Emerging Markets Income Trust, says this looks like a buying opportunity. “Despite short-term volatility we remain positive about long-term prospects and profitability for emerging markets.” 

3. Global trade war

Ritu Vohora, investment director at fund manager M&G, says markets fear that US President Donald Trump’s spat with China will escalate into a full-blown global trade war, with both sides suffering. “The US economy is robust enough to absorb higher input costs now, but this may not be the case as tariffs escalate. However, with a host of factors hitting investor sentiment, this is becoming a stock picker’s market.”

4. Eurozone uncertainty

Europe faces two challenges right now in the shape of Brexit and the new populist government in eurozone member Italy.

Chris Beauchamp, chief market analyst at IG, which has offices in Dubai, says the stand-off between between Rome and Brussels threatens to become much more serious. "As with Brexit, neither side appears willing to step back from the edge, threatening more trouble down the line.”

The European economy may also be slowing, Mr Beauchamp warns. “A four-year low in eurozone manufacturing confidence highlights the fact that producers see a bumpy road ahead, with US-EU trade talks remaining a major question-mark for exporters.”

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Vidaamuyarchi

Director: Magizh Thirumeni

Stars: Ajith Kumar, Arjun Sarja, Trisha Krishnan, Regina Cassandra

Rating: 4/5

 

The specs: 2018 Ducati SuperSport S

Price, base / as tested: Dh74,900 / Dh85,900

Engine: 937cc

Transmission: Six-speed gearbox

Power: 110hp @ 9,000rpm

Torque: 93Nm @ 6,500rpm

Fuel economy, combined: 5.9L / 100km

THE SPECS

Engine: 6.0-litre, twin-turbocharged W12

Transmission: eight-speed automatic

Power: 626bhp

Torque: 900Nm

Price: Dh1,050,000

On sale: now

TRAP

Starring: Josh Hartnett, Saleka Shyamalan, Ariel Donaghue

Director: M Night Shyamalan

Rating: 3/5

Springsteen: Deliver Me from Nowhere

Director: Scott Cooper

Starring: Jeremy Allen White, Odessa Young, Jeremy Strong

Rating: 4/5

2019 Asian Cup final

Japan v Qatar
Friday, 6pm
Zayed Sports City Stadium, Abu Dhabi