Start kickboxing classes with MMA fighter Rafat Shawe and look forward to a host of benefits including weight loss, better sleep and improved self-confidence. Courtesy Rafat Shawe
Start kickboxing classes with MMA fighter Rafat Shawe and look forward to a host of benefits including weight loss, better sleep and improved self-confidence. Courtesy Rafat Shawe
Start kickboxing classes with MMA fighter Rafat Shawe and look forward to a host of benefits including weight loss, better sleep and improved self-confidence. Courtesy Rafat Shawe
Start kickboxing classes with MMA fighter Rafat Shawe and look forward to a host of benefits including weight loss, better sleep and improved self-confidence. Courtesy Rafat Shawe

5 healthy things to do this weekend: start kickboxing, visit Aventura The Nature Adventure Park, and more


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Start adult kickboxing classes led by Dubai-based professional MMA fighter and former karate gold medalist Rafat Shawe. Improve strength, fitness and flexibility while burning up to 600 calories in a session. According to Shawe, the health and psychological benefits of martial arts include increased sense of well-being, improved self-confidence, better sleep, weight loss and enhanced cardiovascular health. Starts Saturday, 4pm, Dh65 per session; Dh720 for a package of 12 classes, James & Alex Dance Studios, Dubai Media City, Dubai, 04 447 0773, info@jamesandalex.com

Head to the newly opened Aventura The Nature Adventure Park, which is set among a 35,000-square-metre ghaf tree forest and features five circuits of tree-surfing, zip-lining, rope-climbing, and more obstacles for different heights and age groups. All circuits are staffed by Aventura personnel and include a safety briefing on how to use the equipment. Guests can spend up to three hours on the circuits, or spend all day exploring the park on nature walks. A cafe is set to open later this month. Open daily, 9.30am to 5pm, Sundays to Thursdays; 9.30am to 6pm, Fridays and Saturdays, Dh95 special offer this month (regularly Dh150 for adults, Dh125 for children), Mushrif Park, Mirdif, Dubai, www.aventuradubai.com

Register to take part in an inversions yoga class with Laura Sykora and learn different variations of headstand, forearmstand and handstands. The workshop is open to all levels, and will involve partner work and include tips and tricks to make you more solid and stable in any inversion. Sunday, 8.30am to 11am, Dh275, ladies only, Bodytree Studio, Abu Dhabi, register at 02 443 4888, info@bodytreestudio.com

Visit Soul Art Center dance and art studio for an open day celebrating its first year in Dubai. Express yourself using dance, meditation and artistic practices, as the centre hosts a variety of free art activities and exercise classes, including Zumba, breakdancing, gymnastics, salsa, a happiness workshop, family art and a creative healing workshop. Saturday, 11am to 9pm, free, Soul Art Centre, The Residences 1 Tower 1, Downtown Dubai, 04 551 7440, www.soulartcenter.com

Attend the iTrainSaturdays fun run/walk in Abu Dhabi. Join this community initiative presented by Daman ActiveLife and take part in an informal, manually timed run/walk around Umm Al Emarat Park. Bring the family and meet like-minded fitness enthusiasts and enjoy giveaway prizes and a reward programme for participants. Saturday, 8.30am, Umm Al Emarat Park, Abu Dhabi, register by Friday at www.premieronline.com

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Rock in a Hard Place: Music and Mayhem in the Middle East
Orlando Crowcroft
Zed Books

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New UK refugee system

 

  • A new “core protection” for refugees moving from permanent to a more basic, temporary protection
  • Shortened leave to remain - refugees will receive 30 months instead of five years
  • A longer path to settlement with no indefinite settled status until a refugee has spent 20 years in Britain
  • To encourage refugees to integrate the government will encourage them to out of the core protection route wherever possible.
  • Under core protection there will be no automatic right to family reunion
  • Refugees will have a reduced right to public funds
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COMPANY PROFILE

Name: Lamsa

Founder: Badr Ward

Launched: 2014

Employees: 60

Based: Abu Dhabi

Sector: EdTech

Funding to date: $15 million

Classification of skills

A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation. 

A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.

The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000. 

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  • Place a sun reflector in your windshield when not driving
  • Park in shaded or covered areas
  • Add tint to windows
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  • Avoid leather interiors as these absorb more heat
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

Sri Lanka-India Test series schedule
  • 1st Test India won by 304 runs at Galle
  • 2nd Test India won by innings and 53 runs at Colombo
  • 3rd Test August 12-16 at Pallekele

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.”

Small Victories: The True Story of Faith No More by Adrian Harte
Jawbone Press

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PREMIER LEAGUE FIXTURES

Tuesday (UAE kick-off times)

Leicester City v Brighton (9pm)

Tottenham Hotspur v West Ham United (11.15pm)

Wednesday

Manchester United v Sheffield United (9pm)

Newcastle United v Aston Villa (9pm)

Norwich City v Everton (9pm)

Wolves v Bournemouth (9pm)

Liverpool v Crystal Palace (11.15pm)

Thursday

Burnley v Watford (9pm)

Southampton v Arsenal (9pm)

Chelsea v Manchester City (11.15pm)