The welcome
I've just finished a Nile cruise and am met on the Aswan Corniche by one of the Old Cataract's new Jaguar cars. I'm delivered to the hotel's back gates and transferred the short distance to the main building by golf buggy. Inside, the hotel's grand lobby, dating from 1899, is impressive, with high ceilings, Moorish arches and chandeliers.
The neighbourhood
The hotel is situated on a gorgeous stretch of the Nile, overlooking Elephantine Island, with its Romanesque remains, and on the opposite bank, the evocative tomb of the Aga Khan. To the rear of the property is a quiet residential area, and it's about 10 minutes on foot to the Aswan Corniche and five minutes from the Nubian Museum.
The scene
Agatha Christie wrote part of her 1934 novel Death on the Nile from her first-floor suite, and in some ways the scene hasn't changed. The view is much the same as she describes, as is the hotel, with its red-and-white Victorian-Edwardian exterior, black iron balconies and colonial-style terrace. The hotel has recently undergone a complete, US$100m (Dh367m) refurbishment, giving a slick and stylish edge to its restaurants, bars and lounges, and it is again attracting the town's wealthiest tourists, though numbers are severely down when I visit thanks to the Egyptian uprising.
The room
My second-floor suite is something of a fantasy: high ceilings, a separate living room and bedroom, a huge marble bathroom and a balcony. My bedroom overlooks the Nile and I can't take my eyes off the view. It seems that more original features may have been lost in the refurbishment of the bedrooms than in the other areas of the hotel, but there's enough authenticity in the stone-floored hallways, woodwork and grand furniture to prevent the feeling that you're in any old Sofitel. The original windows have been maintained, so the noise insulation isn't as good as it might be (I can hear voices from outside at times), but I prefer the old style anyway.
The service
Formal and attentive, but sometimes slow. Staff are mostly local, and extremely gracious (any request I make by telephone is finalised with the words "with pleasure", even when it's a complaint). Room service staff have some difficulty in understanding my order ("Can I order a steak sandwich please?" "Club sandwich." "No, steak sandwich."), and delivery is a little slow; in a rush at breakfast, I have to track down a waiter to order a coffee. Yet the hotel's female concierge, an expert on the local area, pulls out all the stops to secure me a last-minute flight to Abu Simbel, and arranges the entire trip through a local tour operator without charging for her services.
The food
There are no buffets at this hotel. Breakfast consists of a colonial-style tiered tray of pastries, though you can also order off the menu. The hotel's fine dining French restaurant is called 1902 and is in a spectacular building dating from that year. There's a huge dome inside, wood floors and coloured arched doorways. I have a starter of pigeon and mushroom salad (LE210; Dh128) and a duck breast main course (LE285; Dh174). There's not much meat on the pigeon but it's nicely cooked on the bone; the duck is imported from France and is lean, moist and meaty. At the Terrace restaurant, I have a lunch of endive salad with goat's cheese, apples and honey. The hotel's Arabic restaurant is called Kebabji and has a terrace overlooking the Nile. I'm served a basket of crunchy Egyptian bread and homemade, spicy dips. My first course, a lentil soup (LE47; Dh52), is smooth and not too filling, the main course, Seyadeya, a local fish dish (LE222; Dh135), is delicious but enough for two people. Everything appears to be freshly prepared, and staff are sweetly attentive.
Loved
The views from my room and the spa, situated in the hotel's second building, which was added in the 1960s but which has also been luxuriously revamped. A one-hour signature massage by Thai therapist Bunvilai in the gorgeous So Spa (LE660; Dh402) left each set of aching muscles thoroughly relaxed.
Hated
I could not reduce the temperature in my room to make it sufficiently cool at night and had to call maintenance in the middle of the night. Some instruction on how to use the air conditioning's controls would have been useful.
The verdict
A historic property beautifully renovated, and luxurious enough to merit a visit to Aswan by itself.
The bottom line
Rooms at the Sofitel cost from $472 (Dh1,733) per night, including taxes. Sofitel Legend Old Cataract, Abtal Al Tahrir Street, Aswan (www.sofitel.com; 0020 97 231 6000)
Info
What: 11th edition of the Mubadala World Tennis Championship
When: December 27-29, 2018
Confirmed: men: Novak Djokovic, Rafael Nadal, Kevin Anderson, Dominic Thiem, Hyeon Chung, Karen Khachanov; women: Venus Williams
Tickets: www.ticketmaster.ae, Virgin megastores or call 800 86 823
The Intruder
Director: Deon Taylor
Starring: Dennis Quaid, Michael Ealy, Meagan Good
One star
UAE currency: the story behind the money in your pockets
The specs
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
How to book
Call DHA on 800342
Once you are registered, you will receive a confirmation text message
Present the SMS and your Emirates ID at the centre
DHA medical personnel will take a nasal swab
Check results within 48 hours on the DHA app under ‘Lab Results’ and then ‘Patient Services’
From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
SPECS
Mini John Cooper Works Clubman and Mini John Cooper Works Countryman
Engine: two-litre 4-cylinder turbo
Transmission: nine-speed automatic
Power: 306hp
Torque: 450Nm
Price: JCW Clubman, Dh220,500; JCW Countryman, Dh225,500
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
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Carzaty%2C%20now%20Kavak%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3ELaunch%20year%3A%20%3C%2Fstrong%3ECarzaty%20launched%20in%202018%2C%20Kavak%20in%20the%20GCC%20launched%20in%202022%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%20140%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20Automotive%3Cbr%3E%3Cstrong%3EFunding%3A%20%3C%2Fstrong%3ECarzaty%20raised%20%246m%20in%20equity%20and%20%244m%20in%20debt%3B%20Kavak%20plans%20%24130m%20investment%20in%20the%20GCC%3C%2Fp%3E%0A
Global state-owned investor ranking by size
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United States
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China
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3.
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UAE
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Japan
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5
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Norway
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Canada
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Singapore
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Australia
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Saudi Arabia
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David Haye record
Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4
Dust and sand storms compared
Sand storm
- Particle size: Larger, heavier sand grains
- Visibility: Often dramatic with thick "walls" of sand
- Duration: Short-lived, typically localised
- Travel distance: Limited
- Source: Open desert areas with strong winds
Dust storm
- Particle size: Much finer, lightweight particles
- Visibility: Hazy skies but less intense
- Duration: Can linger for days
- Travel distance: Long-range, up to thousands of kilometres
- Source: Can be carried from distant regions
'Texas Chainsaw Massacre'
Rating: 1 out of 4
Running time: 81 minutes
Director: David Blue Garcia
Starring: Sarah Yarkin, Elsie Fisher, Mark Burnham
Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching
Moon Music
Artist: Coldplay
Label: Parlophone/Atlantic
Number of tracks: 10
Rating: 3/5
UAE v Zimbabwe A, 50 over series
Fixtures
Thursday, Nov 9 - 9.30am, ICC Academy, Dubai
Saturday, Nov 11 – 9.30am, ICC Academy, Dubai
Monday, Nov 13 – 2pm, Dubai International Stadium
Thursday, Nov 16 – 2pm, ICC Academy, Dubai
Saturday, Nov 18 – 9.30am, ICC Academy, Dubai
Retirement funds heavily invested in equities at a risky time
Pension funds in growing economies in Asia, Latin America and the Middle East have a sharply higher percentage of assets parked in stocks, just at a time when trade tensions threaten to derail markets.
Retirement money managers in 14 geographies now allocate 40 per cent of their assets to equities, an 8 percentage-point climb over the past five years, according to a Mercer survey released last week that canvassed government, corporate and mandatory pension funds with almost $5 trillion in assets under management. That compares with about 25 per cent for pension funds in Europe.
The escalating trade spat between the US and China has heightened fears that stocks are ripe for a downturn. With tensions mounting and outcomes driven more by politics than economics, the S&P 500 Index will be on course for a “full-scale bear market” without Federal Reserve interest-rate cuts, Citigroup’s global macro strategy team said earlier this week.
The increased allocation to equities by growth-market pension funds has come at the expense of fixed-income investments, which declined 11 percentage points over the five years, according to the survey.
Hong Kong funds have the highest exposure to equities at 66 per cent, although that’s been relatively stable over the period. Japan’s equity allocation jumped 13 percentage points while South Korea’s increased 8 percentage points.
The money managers are also directing a higher portion of their funds to assets outside of their home countries. On average, foreign stocks now account for 49 per cent of respondents’ equity investments, 4 percentage points higher than five years ago, while foreign fixed-income exposure climbed 7 percentage points to 23 per cent. Funds in Japan, South Korea, Malaysia and Taiwan are among those seeking greater diversification in stocks and fixed income.
• Bloomberg
Honeymoonish
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