Dubai
Concert
Gorillaz will headline this year's Fiesta de los Muertos event at the Autism Rocks Arena in Dubai. The British virtual band consists of four animated fictitious members, with hits including Feel Good Inc, Dare and Clint Eastwood. Also performing are Lebanese-Canadian R&B singer Massari and Mexican band The Mariachis.
October 27, from Dh350, Autism Rocks Arena, Dubai, www.117live.com
Abu Dhabi
Bastille dinner
Celebrate French National Day with a four-course set menu at Bord Eau created by chef Jimmy de Almeida and featuring green pea soup, blue Lobster from the French Atlantic coast or beef tenderloin with foie gras, and a dessert of Valrhona entremets.
Friday, from 6.30pm, from Dh300, Bord Eau, Shangri-La hotel, Qaryat Al Beri, Abu Dhabi, 02 509 8555, bordeau.slad@shangri-la.com
Abu Dhabi
Fifa Club World Cup
Get tickets now for the FIFA Club World Cup, in which continental club champions, including hosts Al Jazira, Auckland City, CF Pachuca and defending champions Real Madrid, play for the tournament title.
December 6 to 16, 7pm on December 6 in Al Ain; 3pm on December 9 in Abu Dhabi; 4pm on December 12 in Al Ain; 7pm on December 13 in Abu Dhabi; 4pm on December 16 in Abu Dhabi, from Dh100, Zayed Sports City Stadium, Abu Dhabi; Hazza Bin Zayed Stadium, Al Ain, www.ticketmaster.ae
Abu Dhabi
Hotel offer
Get fit with a friend this summer at Level Up Fitness. Try any of the studio’s classes including indoor cycling, circuit training, yoga, HIIT, belly dance, samba, Zumba and boot camp, and when one friend pays, the other attends the same class for free. Classes run from 6am to 9pm, so you can take advantage of the flexible schedule to feel healthy and active this season, even when the weather is hot outside.
Offer valid until July 31, classes daily at various timings from 6am to 9pm, from Dh55 for group classes; Dh70 for yoga; Dh80 for boot camp, Level Up Fitness, Beach Rotana, Abu Dhabi, 02 697 9302, dani@levelupfitnessmena.com
Dubai
Family fun
City Walk presents the aquatic-themed indoor attraction, Under the Sea, as part of Dubai Summer Surprises. The Mermaid’s Hideout is where children can explore experiential zones such as sand art, popsicle stick art and live magic and more. Little detectives can win prizes and gain access to the Hideout by taking part in a sea-themed treasure hunt. Live shows featuring acrobatic sea creatures and a strong-minded mermaid take place on weekends at 4.30pm, 7.30pm and 9pm.
Open 4pm to 10pm on weekdays; 2pm to 10pm on weekends, free for two children and two adults with a minimum spend of Dh200 at any retail, leisure and food outlet across City Walk, Under the Sea located beside Hub Zero, City Walk, Dubai, www.facebook.com/CityWalkDubai
Abu Dhabi
Family fun
Get tickets now to see Masha and the Bear on Ice as part of Abu Dhabi Summer Season. Watch the heartwarming story of the 3-year-old and her retired circus-star friend, Bear, who live in a train station in the forest. They teach viewers about creativity, loyalty and true friendship. Performances are in English.
July 28 and 29, 3pm and 6.30pm on July 28; 3pm on July 29, from Dh95, Zayed Sports City Ice Rink, Zayed Sports City, Abu Dhabi, www.tixbox.com, Dubai
Abu Dhabi
Kids’ camp
Register your children ages 5 and above for the ZSC Academy Ice Skating Camp, where they can take part in on-ice sessions with certified coaches of the Ice Skating Institute of Asia (ISIA), free skate and off-ice games to develop endurance, balance, coordination and flexibility.
Runs until August 24, 9am to 1pm, Sundays to Thursdays, Dh750 per week, Zayed Sports City, Abu Dhabi, register at 02 403 4333, ice@zsc.ae
Dubai
Pottery workshop
Sign up for a summer pottery class at Yadawei and try your hand at using a potter’s wheel. Relax and throw pots, learning the techniques of centering, turning and shaping, plus how to use pottery tools, apply glazes and finishing thrown pots. The class is open, registration not required.
Wednesdays, 11am to 1pm, Dh200, Yadawei, Al Quoz, Dubai, 04 379 1312, www.yadawei.net
Dubai
Kids’ camp
Register your children ages 5 to 10 for the action-packed Fit Inc Kids Summer Camp, including kids’ gymnastics, parkour, yoga and dance classes.
Runs until July 31, 9am to noon, Sundays to Thursdays, Fit Inc, City Tower 2 Car Park, Sheikh Zayed Road, Dubai, 800 348462, fitinc.ae
Dubai
Art exhibition
See Summer Exhibition, a showcase of contemporary artists who present works that use various colours and textures that reflect the UAE summer, including works by masters Yue Minjun, Salvador Dalí and Jeff Koons.
Daily until Saturday, 10am to 10pm, Sundays to Wednesdays; 10am to midnight on Thursdays; 2pm to 9pm on Fridays; 11am to 9pm on Saturdays, Opera Gallery, Gate Village, Building 3, DIFC, Dubai, 04 323 0909, www.operagallery.com
Analysis
Members of Syria's Alawite minority community face threat in their heartland after one of the deadliest days in country’s recent history. Read more
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Company Fact Box
Company name/date started: Abwaab Technologies / September 2019
Founders: Hamdi Tabbaa, co-founder and CEO. Hussein Alsarabi, co-founder and CTO
Based: Amman, Jordan
Sector: Education Technology
Size (employees/revenue): Total team size: 65. Full-time employees: 25. Revenue undisclosed
Stage: early-stage startup
Investors: Adam Tech Ventures, Endure Capital, Equitrust, the World Bank-backed Innovative Startups SMEs Fund, a London investment fund, a number of former and current executives from Uber and Netflix, among others.
SPECS
Engine: Two-litre four-cylinder turbo
Power: 235hp
Torque: 350Nm
Transmission: Nine-speed automatic
Price: From Dh167,500 ($45,000)
On sale: Now
Emergency
Director: Kangana Ranaut
Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry
Rating: 2/5
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
UAE currency: the story behind the money in your pockets
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A State of Passion
Directors: Carol Mansour and Muna Khalidi
Stars: Dr Ghassan Abu-Sittah
Rating: 4/5
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The specs
Engine: 1.5-litre turbo
Power: 181hp
Torque: 230Nm
Transmission: 6-speed automatic
Starting price: Dh79,000
On sale: Now
Our legal columnist
Name: Yousef Al Bahar
Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994
Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers
The specs
Engine: four-litre V6 and 3.5-litre V6 twin-turbo
Transmission: six-speed and 10-speed
Power: 271 and 409 horsepower
Torque: 385 and 650Nm
Price: from Dh229,900 to Dh355,000
Dr Afridi's warning signs of digital addiction
Spending an excessive amount of time on the phone.
Neglecting personal, social, or academic responsibilities.
Losing interest in other activities or hobbies that were once enjoyed.
Having withdrawal symptoms like feeling anxious, restless, or upset when the technology is not available.
Experiencing sleep disturbances or changes in sleep patterns.
What are the guidelines?
Under 18 months: Avoid screen time altogether, except for video chatting with family.
Aged 18-24 months: If screens are introduced, it should be high-quality content watched with a caregiver to help the child understand what they are seeing.
Aged 2-5 years: Limit to one-hour per day of high-quality programming, with co-viewing whenever possible.
Aged 6-12 years: Set consistent limits on screen time to ensure it does not interfere with sleep, physical activity, or social interactions.
Teenagers: Encourage a balanced approach – screens should not replace sleep, exercise, or face-to-face socialisation.
Source: American Paediatric Association
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Five expert hiking tips
Always check the weather forecast before setting off
Make sure you have plenty of water
Set off early to avoid sudden weather changes in the afternoon
Wear appropriate clothing and footwear
Take your litter home with you
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.”
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