Skiing in the famous Cinque Torri in the Dolomites, northeastern Italy. EyesWideOpen / Getty Images
Skiing in the famous Cinque Torri in the Dolomites, northeastern Italy. EyesWideOpen / Getty Images

Italy skiing: our guide to the mighty Dolomites



On a glorious morning, we stumble out of the helicopter on to the top of the world. At the summit of Marmolada, 3,343 metres above sea level, we gaze over the Dolomites – wave upon wave of mountains designated as a Unesco World Natural Heritage Site in 2009. Then we click in and zoom down the boy racer track, a rolling red that demands high-velocity turns and tucks. At this early hour, we have the 1,490m vertical drop all to ourselves. Once at the bottom, we flash our Super Dolomiti passes – 450 lifts on a single magnetic card accessing 1,220 kilometres of marked runs, undeniably as big as it gets.

Most of the Super Dolomiti resorts, with the exception of Veneto’s Cortina d’Ampezzo, are in Südtirol (South Tirol), a province that is culturally and linguistically German but politically Italian. When the First World War ended in 1918, Italy received the wealthy province from Austria, the promised reward for being on the winning side. Overnight, the Südtirol became part of Italy, but it didn’t have to like it – and it still hasn’t totally come to terms with it. In an officially bilingual area, schools offer German or Italian tuition. Nearly 70 per cent of the population favour German, but many locals speak Ladin, a combination of a group of dialects, so there is plenty of scope for confusion.

For visitors who speak none of these languages, the identity crisis is enjoyably quirky. Selva Gardena or Wolkenstein? No matter: they’re one and the same. Many outsiders see the combination of Italian cooking and Austrian schmaltz as the best of both worlds, but it’s not easy to find the right base in such rich diversity.

The Sella Ronda, the famous ski route that rings the magnificent, rocky scapes of the Gruppo Sella, is the heart of the area. On the map it’s more star than circle, with Arabba, Corvara, Selva Gardena and Canazei on the major points. The circuit connecting the four resorts can be taken in either direction, both requiring 23km on snow and a couple of hours on the lifts. Complete it in three or four hours of hectic intermediate hustle or enjoy a day’s cruising and a quality lunch. In its turn, the Sella Ronda is ringed with outposts, many with speedy connections to the central network. For example, La Villa, an attractive village on the road up to Brunico near the Austrian border, locks into 1,000km of pistes through Corvara. More distant resorts require bus connections, notably Kronplatz, a stand-alone dome with modern lifts on the Super Dolomiti’s northern fringe.

Until recently, staying in Südtirol meant a family-run hotel with floral sofas and painted cherubs, but contemporary new hotels are multiplying fast, as are Michelin rosettes, with stellar chefs competing for bragging rights on and off the mountain. Whatever you need is out there: you just have to find it.

Cortina d’Ampezzo

The grande dame in what is seen as an area of upstarts is a quintessentially Italian town with a handsome Corso patrolled by poodles led by wealthy Milanese in matching furs – the upper echelons of Italy don’t subscribe to fakes. Cafes and branded boutiques cater to their wallets but the surrounding rocks reveal the potential for more active pursuits. The Dolomites (named for the 18th-century French geologist Deodat de Grendel) emerged from warm, prehistoric seas around 12,000BC, creating fossils and minerals that glow coral, purple, green and gold in the setting sun.

Cortina’s lifts, built between the World Wars when Südtirol was still climbing on skins, rely on antiquated cable cars accessing slopes widely scattered around the town. Blame the Italians: Cortina claims 300 days of blue skies per year, conditions that prompt locals – in immaculate designer ski apparel – to start tanning outside prime lunch spots at 11am each day. Despite many unfulfilled promises, no one sees an urgent need to upgrade such underused lifts.

The slopes really deserve better because this is great terrain. The most demanding slopes are on Tofana and Pomedes: for many of us, the schuss through the gap in the rocks on the Forcella is nearest we’ll get to flying on skis. At the other end of the scale, the broad snowfields on Socrepes tempt beginners to believe they rule the world.

The Cristallo (www.cristallo.it; 00 39 0436 881 111) and the Miramonti Majestic (www.geturhotels.com; 00 39 0438 493 500) are Cortina’s trusty flagships. The Grand Savoia (www.grandhotelsavoiacortina.com; 00 39 0436 3201) offers more understated luxury but my tip is the convivial four-star Hotel de la Poste (www.delaposte.it; 00 39 0436 4271).

San Cassiano

If Cortina, with 6,000 permanent residents, is the largest resort in the area, San Cassiano, with barely 200, is among the smallest. Like La Villa, it fast-tracks into the Sella Ronda through Corvara, but its more immediate ski area, accessed by the Piz Sorega gondola, is super-mellow. Armentarola, its even smaller neighbour, is the gateway to Lagazuoi (Hidden Valley), reached via the Passo Falzarego cable car on the road to Cortina. The easy red descent is magical for its lack of crowds and the Rifugio Scotoni near the bottom. The return via Armentarola to San Cassiano includes a horse-drawn tow across the valley floor.

The picturesque hamlet, sumptuously decorated with hanging flower baskets in summer, owes its international popularity to the Rosa Alpina Hotel (www.rosaalpina.it; 00 39 0471 849 500), a Relais et Chateaux property owned by the Pizzinini family since 1940. Its high profile is due in part to Daniela Steiner, an ambitious Austrian beautician who married the patriarch in the 1980s and established a global brand on the back of a pioneering spa.

After training with top European chefs, local boy Norbert Niederkofler took over St Hubertus in 1994: the restaurant, named for the patron saint of hunters, won Niederkofler his first Michelin star in 2000 (he got his second in 2007). He runs an open kitchen, inviting favoured visitors to taste canapés stove-side before tackling the main event in a dining room appropriately decorated with mounted deer skulls.

Selva, Val Gardena

Selva is the undisputed après ski capital of the Dolomites. Val Gardena, which includes the linked resorts of Santa Cristina and Ortisei, is a substantial ski area. While the Dantercepies gondola provides instant access to the Sella Ronda, there are appealing options in other directions. The signature run is the Saslong, downhill through the forest on Ciampinoi. It is used for World Cup events every December but is otherwise open to recreational speedsters with a liking for racing tucks.

On the opposite side of the valley, the Rasciesa funicular, introduced two years ago, has improved access from Ortisei to Seceda, a canyon zone with majestic views towards Trentino. The 1,300m vertical descent from top to town narrows dramatically in places, allowing skiers to get close to the encircling cliffs. The local specialities in the mountain restaurants are excellent.

Anyone who'd like to sleep in a bed in a circular wooden palisade in the centre of a timber-clad sitting room should check into the Alpin Garden Wellness Resort (www.alpingarden.com; 00 39 0471 796 021) above Ortesei. In the downtown area, the Nives (www.hotel-nives.com) is a minimalist boutique and a convenient launch point for any après ski tour. Set into a slope, La Stua is famous for oompah après, while Lorinkeller and Luiskeller cater to the post-midnight crowds.

Alpe de Siusi

Perched above Ortisei, Alpe di Siusi is an escape to nature on the outer limits of the Super Dolomiti pass. Lifts access 60km of blue cruising and there is limitless scope for cross-country – as gentle or as demanding as you care to make it.

Until now, few foreigners took the swift cable car up from Ortisei, but the imaginative design and cooking at the Alpina Dolomites Health Lodge and Spa (www.alpinadolomites.it; 00 39 0471 796 004) at the top has changed all that.

Eating your way round the tantalising restaurants scattered across the Dolomites is a stern test of stamina but don’t miss Anna Stuben in the Hotel Gardena (www.gardena.it; 00 39 0471 796 315) in the same ownership back in town. With seven tables in two rooms, this is a cosy home away from home, presided over by young head chef Reimund Brunner, whose inventive menu, featuring local and regional ingredients, has won him a Michelin star.

Arabba

Arabba, on the Sella Ronda star’s southeastern point, is the perfect choice for experts looking for ski-in, ski-out black pistes. The main gondola rises 900m to Porta Vescovo, the launch point for stern challenges down the back of the mountain, augmented by intriguing off-piste options. Although largely sunless, the north-facing aspect guarantees excellent snow.

The original village, a cluster of buildings around the church, has now expanded up the mountain into a satellite complex near the gondola station.

Arabba is generally short on Dolomite glitz but Sporthotel Arabba (www.sporthotelarabba.com; 00 39 0436 793 21) is a convenient and welcoming family-run four-star; the international menu in the Barracks Room in the Weiss Stube restaurant is recommended.

• Direct flights with Etihad Airways (www.etihadairways.com) from Abu Dhabi to Milan in six hours cost from Dh3,240 return, including taxes.

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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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Name: HyveGeo
Started: 2023
Founders: Abdulaziz bin Redha, Dr Samsurin Welch, Eva Morales and Dr Harjit Singh
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Number of employees: 8
Industry: Sustainability & Environment
Funding: $200,000 plus undisclosed grant
Investors: Venture capital and government

History's medical milestones

1799 - First small pox vaccine administered

1846 - First public demonstration of anaesthesia in surgery

1861 - Louis Pasteur published his germ theory which proved that bacteria caused diseases

1895 - Discovery of x-rays

1923 - Heart valve surgery performed successfully for first time

1928 - Alexander Fleming discovers penicillin

1953 - Structure of DNA discovered

1952 - First organ transplant - a kidney - takes place 

1954 - Clinical trials of birth control pill

1979 - MRI, or magnetic resonance imaging, scanned used to diagnose illness and injury.

1998 - The first adult live-donor liver transplant is carried out

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