Trainer Matthew Henry, from New Zealand, has launched The Breakfast Club women's fitness programme, which starts in Dubai on Sunday. Courtesy Matthew Henry
Trainer Matthew Henry, from New Zealand, has launched The Breakfast Club women's fitness programme, which starts in Dubai on Sunday. Courtesy Matthew Henry
Trainer Matthew Henry, from New Zealand, has launched The Breakfast Club women's fitness programme, which starts in Dubai on Sunday. Courtesy Matthew Henry
Trainer Matthew Henry, from New Zealand, has launched The Breakfast Club women's fitness programme, which starts in Dubai on Sunday. Courtesy Matthew Henry

The Breakfast Club launches 12-week fitness programme


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Fitting a workout into our busy schedules can be hard at the best of times, but one Dubai-based trainer is doing his best to make it as convenient as possible. Matthew Henry, a personal trainer from New Zealand, has launched The Breakfast Club for women and classes start next week.

One of the key differences with Henry’s programme is that a healthy breakfast included in the price of the 12-session, four-week package, so participants can eat there and have a chat, or take their breakfast away. The sessions will be held at Train SF gym in Al Quoz and are suitable for all levels.

“Beginners are definitely welcome. It’s all about learning and getting involved, getting active and finding a like-minded group of individuals to help each other towards their fitness goals,” Henry says. “I have capped it at 10 women per session as it gives me the chance to engage with each person and teach them as we all progress together.

“I have found that women often perform a lot better when they have ongoing support from friends and others around them. Maintaining any sort of training programme is tough, so to have 9 others in your corner every step of the way makes it that much easier to get up on the tough days, and a joy to take part on the good ones.”

The workouts will be mainly based around high-intensity interval training, with strength training as well. “The room we use is the power room at Train SF. It’s kitted out with a lot of squat racks, sleds, tyres, rowing machines and deadlift platforms.

“I come from a rugby background, being a New Zealander, so aspects of a rugby workout will be brought into the session.”

The programme also includes two body analyses – one at the beginning and another at the end of the four-week block.

The programme starts on August 7 and sessions will be held every Sunday, Tuesday and Thursday at 6am. The programme costs Dh1,750 and includes breakfast at Roseleaf Café after every session. Dietary requirements can be catered for. All sessions are held at Train SF, in Al Quoz, and showers and changing facilities are available.

• For more information and to register, contact Matthew Henry on 056 452 8918 or visit www.train-sf.com

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The biog

Nickname: Mama Nadia to children, staff and parents

Education: Bachelors degree in English Literature with Social work from UAE University

As a child: Kept sweets on the window sill for workers, set aside money to pay for education of needy families

Holidays: Spends most of her days off at Senses often with her family who describe the centre as part of their life too

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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UAE currency: the story behind the money in your pockets

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.”