Try a new Spin Tribe class at Bodytree Studio. The bikes are designed to move from side to side, giving you an extra workout for your core and 20 per cent more calorie burn. Courtesy Bodytree Studio
Try a new Spin Tribe class at Bodytree Studio. The bikes are designed to move from side to side, giving you an extra workout for your core and 20 per cent more calorie burn. Courtesy Bodytree Studio
Try a new Spin Tribe class at Bodytree Studio. The bikes are designed to move from side to side, giving you an extra workout for your core and 20 per cent more calorie burn. Courtesy Bodytree Studio
Try a new Spin Tribe class at Bodytree Studio. The bikes are designed to move from side to side, giving you an extra workout for your core and 20 per cent more calorie burn. Courtesy Bodytree Studio

Wellbeing

5 healthy things to do this weekend: snow hike with Gulf 4 Good, try Spin Tribe, do The Buggy Run

Ellen Fortini

February 09, 2017

  • English
  • Arabic

Sign up by noon on Thursday to take part in a snow hike at Ski Dubai with Gulf 4 Good. Enjoy a workout for your legs and lungs in a session that is great for trekking and high-altitude challenges. Bring your hiking gear and build your mountain-walking muscles for walking in cooler temperatures. Friday, 8am to 9am, ages 16+, Ski Dubai, Mall of the Emirates, Dubai, register by noon on February 9 at 04 368 0222, admin@gulf4good.org

Book your spot at the new Spin Tribe classes at Bodytree Studio, which combine high intensity with strength training and core conditioning through 30 minutes of cycling and 30 minutes of Pilates mat or reformer. The Real Ryder bikes have a moving frame, allowing you to burn 20 per cent more calories than on a stationary bike, and is low impact on joints. The classes are open to those who have completed the pre-reformer course and requires experience in Pilates mat. Friday, 9am for men and women, from Dh120 per class, Bodytree Studio, Abu Dhabi, register at 02 443 4888, www.bodytreestudio.com.

Register your team to take part in the Ultimate Frisbee Tournament presented by LTF Sports and start the weekend off with a brisk game in the park. Teams of seven can include up to four substitutes and the winner will enjoy bragging rights. A weekly league will begin in the coming weeks. Friday, 9am, Dh30 per person includes a mini-gift, ages 16+, Ripe Market, Gate 2, Zabeel Park, Dubai, register at www.facebook.com/LTFSports.

Take part in The Buggy Run, an untimed 2.5km and 5km run with buggies, which lets beginners and seasoned runners – mothers, fathers, aunts, uncles and grandparents – enjoy a social, family-friendly fitness event while educating children on the importance of health and fitness from a young age. Saturday, from 6.30am for registration, from Dh150, Dubai Autodrome, Dubai Motor City, www.thebuggyrun.com.

Take part in the Lululemon run club, which is led by Lululemon ambassador Heidi Jones and starts from Lululmon in Dubai Marina Mall and runs around Dubai Marina. The distance will be adjusted to the level of the runners and the weekly session, as every other week, the run club will include a short talk from Jones about motivation, goal setting, nutrition and more as part of a regular run routine. To launch the event, runners are invited to run their part on a treadmill installed in the store, enjoy refreshments and sign up for the run club. Saturday, 8am to 9am, free, Lululemon, Dubai Marina Mall, Dubai Marina, 04 395 8527, lululemon.dxbmarina@maf.co.ae

Kareem Shaheen on Canada
'Nope'
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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.”

Top 10 most polluted cities
  1. Bhiwadi, India
  2. Ghaziabad, India
  3. Hotan, China
  4. Delhi, India
  5. Jaunpur, India
  6. Faisalabad, Pakistan
  7. Noida, India
  8. Bahawalpur, Pakistan
  9. Peshawar, Pakistan
  10. Bagpat, India
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The smuggler

Eldarir had arrived at JFK in January 2020 with three suitcases, containing goods he valued at $300, when he was directed to a search area.
Officers found 41 gold artefacts among the bags, including amulets from a funerary set which prepared the deceased for the afterlife.
Also found was a cartouche of a Ptolemaic king on a relief that was originally part of a royal building or temple. 
The largest single group of items found in Eldarir’s cases were 400 shabtis, or figurines.

Khouli conviction

Khouli smuggled items into the US by making false declarations to customs about the country of origin and value of the items.
According to Immigration and Customs Enforcement, he provided “false provenances which stated that [two] Egyptian antiquities were part of a collection assembled by Khouli's father in Israel in the 1960s” when in fact “Khouli acquired the Egyptian antiquities from other dealers”.
He was sentenced to one year of probation, six months of home confinement and 200 hours of community service in 2012 after admitting buying and smuggling Egyptian antiquities, including coffins, funerary boats and limestone figures.

For sale

A number of other items said to come from the collection of Ezeldeen Taha Eldarir are currently or recently for sale.
Their provenance is described in near identical terms as the British Museum shabti: bought from Salahaddin Sirmali, "authenticated and appraised" by Hossen Rashed, then imported to the US in 1948.

- An Egyptian Mummy mask dating from 700BC-30BC, is on offer for £11,807 ($15,275) online by a seller in Mexico

- A coffin lid dating back to 664BC-332BC was offered for sale by a Colorado-based art dealer, with a starting price of $65,000

- A shabti that was on sale through a Chicago-based coin dealer, dating from 1567BC-1085BC, is up for $1,950

Ovo's tips to find extra heat
  • Open your curtains when it’s sunny 
  • Keep your oven open after cooking  
  • Have a cuddle with pets and loved ones to help stay cosy 
  • Eat ginger but avoid chilli as it makes you sweat 
  • Put on extra layers  
  • Do a few star jumps  
  • Avoid alcohol   
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