Ride the rails to Hong Kong's Disneyland


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I want to visit Hong Kong for a long weekend at the beginning of December for a spot of shopping, sightseeing and to explore Hong Kong Disneyland, but don't know how to go about it. Can you recommend a good place to stay? What's the best way to get around the city?

The best way to get around Hong Kong is by the Mass Transit Railway (MTR) system (www.mtr.com.hk). With 10 lines, including the Airport Express line, crisscrossing the territory, it's also the fastest way to get from place to place, and offers competitively priced tickets. The 24-hour pass for $50 Hong Kong dollars (Dh24) is good value for money, allowing passengers to board and disembark at any station they want (with the exception of the airport line).

A trip to Hong Kong Disneyland (www.hongkongdisneyland.com), which is located on Lantau Island off Sunny Bay, requires some planning, especially if you're staying on the mainland and are going to take a train back and forth. The park is open between 10am and 11pm right through the week and is connected to the Sunny Bay Station by the famous Disney locomotive, which ferries passengers to the Disneyland Resort Station.

You can buy tickets to the park at a designated MTR station, at the park entrance (be prepared to queue) or online in advance. A regular one-day ticket costs HK$350 (Dh166) per adult and is valid for 24 hours.

If you're planning to spend a couple of days exploring Hong Kong Disneyland, it's best to check into the on-site hotels, Hollywood Hotel or Hong Kong Disneyland Hotel, and save time on the commute. The Hollywood Hotel's long-stay package costs from HK$4,789 (Dh2,266) and includes three nights' accommodation at in a garden-view room, taxes and two complimentary Stay2Day admission tickets.

If you'd rather not stay at the park's hotels, the InterContinental Grand Stamford hotel (www.hongkong.intercontinental.com; 00 852 2721 5161), located in Tsim Tsam Sui East and a five-minute walk from Tsim Tsam Sui East MTR station (the Disney station is about a 30-minute ride from here), is a good place to stay. Double rooms cost from HK$1,700 (Dh805), including taxes. Offering views of Victoria harbour, the hotel is also conveniently close to all kinds of shopping - from boutiques to night markets - as well as local restaurants and street food stalls, the Hong Kong Museum of Art, the Museum of Science and Technology, the Hong Kong Cultural Centre and the famous Avenue of Stars.

Do you have travel questions or queries? E-mail them to us at travel@thenational.ae

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

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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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When: 7pm kick off

Where: Rugby Park, Dubai Sports City

Admission: Free

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