Spectators watch from a fan zone set up at the Hotel de Ville, as Simone Biles, of the US, performs on the vault during a women's artistic gymnastics qualification round at the 2024 Summer Olympics. AP
Spectators watch from a fan zone set up at the Hotel de Ville, as Simone Biles, of the US, performs on the vault during a women's artistic gymnastics qualification round at the 2024 Summer Olympics. AP
Spectators watch from a fan zone set up at the Hotel de Ville, as Simone Biles, of the US, performs on the vault during a women's artistic gymnastics qualification round at the 2024 Summer Olympics. AP
Spectators watch from a fan zone set up at the Hotel de Ville, as Simone Biles, of the US, performs on the vault during a women's artistic gymnastics qualification round at the 2024 Summer Olympics. A


Captivating Olympic Games a success for masterful branding


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July 31, 2024

Take your pick. Tom Pidcock coming back from a puncture and surging through a seemingly impossible gap to clinch the mountain biking gold. Andy Murray and Dan Evans winning their tennis match from five match points down. Swimmer Adam Peaty missing his third consecutive victory by a fingertip or 0.02 of a second.

And that’s just the first few days. And that’s from an admittedly patriotic Team GB perspective. As time goes on there will be many more, and every country will have its own heroes, its own tales to tell.

There may be wars and conflicts, economic crises, climate change, natural disasters – yet somehow the Olympic Games manages to rise above all that, providing joyous relief from the rest of the world for three magical weeks.

It’s true that Paris 2024 did not get off to the best of starts, with the torrential rain and technical difficulties with the sound producing awkward moments. But then there was the spectacle of the Eiffel Tower and the voice that is Celine Dion. The Opening Ceremony came good in the end, and of course, once that is over, there is the sport.

Britain's Adam Peaty competes in the final of the men's 100m breaststroke swimming event. AFP
Britain's Adam Peaty competes in the final of the men's 100m breaststroke swimming event. AFP

Alongside the football World Cup, the Olympics is the world’s largest sporting event. There are bound to be problems and issues, boycotts, walkouts, incidents of doping and cheating, claims of commercialisation, budget overruns and more. However, like clockwork, every four years, overall it generally manages to deliver, producing something that is bigger than sports, that for a few weeks achieves something remarkable in uniting the world, with all its differences, in a way that other occasions simply do not.

What’s responsible is finely-honed branding. Strangely, the organising International Olympic Committee or IOC receives a more negative press than the event itself. The IOC is regularly at the centre of disputes and accusations of playing geopolitics, favouritism and corruption. That is not the case with the actual competition.


For a few weeks [the Olympics] achieves something remarkable in uniting the world... in a way that other occasions simply do not

There, once the starting gun is sounded, it’s all about endeavour and brilliance. Who cannot delight in the sheer grace and athleticism that is Simone Biles? The US may be divided socially and politically, much of the world has an anti-American bias, but surely, no one can fail to be awestruck at the genius of the country’s star gymnast.

Ever since the Olympics was resurrected in 1896, and the ‘Modern Games’ began, the Olympic Movement has crafted an image that is an example to others. There may be major, world commercial brands but none match the Olympics for the way in which its symbolism and messaging fit and work together. It really is a triumph of branding and marketing.

Key is the Olympic Brand Guidelines. “Our vision is to build a better world through sport. To inspire, by being the best that we can be. The best of what we can achieve. Together.”

The Paris 2024 Olympic Games opening ceremony – in pictures

  • Spectators in the Trocadero watch a light show on the Eiffel Tower during the opening ceremony of the Paris 2024 Olympic Games. EPA
    Spectators in the Trocadero watch a light show on the Eiffel Tower during the opening ceremony of the Paris 2024 Olympic Games. EPA
  • Former France international football player Zinedine Zidane, left, hands over the Olympic flame to Spanish tennis player Rafael Nadal, who won the French tennis Open 14 times, at the Trocadero Stadium during the opening ceremony of the Paris 2024 Olympic Games in Paris. AFP
    Former France international football player Zinedine Zidane, left, hands over the Olympic flame to Spanish tennis player Rafael Nadal, who won the French tennis Open 14 times, at the Trocadero Stadium during the opening ceremony of the Paris 2024 Olympic Games in Paris. AFP
  • The cauldron, with the Olympic flame lit, lifts off while attached to a balloon as the torchbearers French former sprinter Marie-Jose Perec and French judoka Teddy Riner stand in front during the opening ceremony of the Paris 2024 Olympic Games at the Jardin des Tuileries (Tuileries Garden) in Paris. AFP
    The cauldron, with the Olympic flame lit, lifts off while attached to a balloon as the torchbearers French former sprinter Marie-Jose Perec and French judoka Teddy Riner stand in front during the opening ceremony of the Paris 2024 Olympic Games at the Jardin des Tuileries (Tuileries Garden) in Paris. AFP
  • A balloon carrying the lit Olympic cauldron lifts off with the Eiffel Tower in the background during the opening ceremony of the Paris 2024 Olympic Games in Paris. AFP
    A balloon carrying the lit Olympic cauldron lifts off with the Eiffel Tower in the background during the opening ceremony of the Paris 2024 Olympic Games in Paris. AFP
  • South Korean athletes in raincoats enter the Trocadero plaza, the venue of the opening ceremony of the Paris Olympics. EPA
    South Korean athletes in raincoats enter the Trocadero plaza, the venue of the opening ceremony of the Paris Olympics. EPA
  • France's President Emmanuel Macron, right, and Thomas Bach, President of the International Olympic Committee, arrive at the opening ceremony of the Paris 2024 Olympic Games. AFP
    France's President Emmanuel Macron, right, and Thomas Bach, President of the International Olympic Committee, arrive at the opening ceremony of the Paris 2024 Olympic Games. AFP
  • Members of the Chinese delegation sail along the river Seine during the opening ceremony of the Paris 2024 Olympic Games. AFP
    Members of the Chinese delegation sail along the river Seine during the opening ceremony of the Paris 2024 Olympic Games. AFP
  • Torchbearers run during the opening ceremony of the Paris 2024 Olympic Games. AFP
    Torchbearers run during the opening ceremony of the Paris 2024 Olympic Games. AFP
  • French President Emmanuel Macron, centre, and his wife Brigitte Macron receive Guinea's Prime Minister Amadou Oury Bah, left and his wife Fatimatou Diallo Bah, right, prior to the Olympics opening ceremony at Elysee Palace in Paris. Getty Images
    French President Emmanuel Macron, centre, and his wife Brigitte Macron receive Guinea's Prime Minister Amadou Oury Bah, left and his wife Fatimatou Diallo Bah, right, prior to the Olympics opening ceremony at Elysee Palace in Paris. Getty Images
  • Crowds gather for the opening ceremony of the Paris 2024 Olympic Games. AFP
    Crowds gather for the opening ceremony of the Paris 2024 Olympic Games. AFP
  • The Eiffel Tower is illuminated with a light show during the opening ceremony of the Paris 2024 Olympic Games. Getty Images
    The Eiffel Tower is illuminated with a light show during the opening ceremony of the Paris 2024 Olympic Games. Getty Images
  • Zinedine Zidane, former French football player, carries the Olympic torch. Getty Images
    Zinedine Zidane, former French football player, carries the Olympic torch. Getty Images
  • French President Emmanuel Macron declares the Games open. EPA
    French President Emmanuel Macron declares the Games open. EPA
  • Rafael Nadal of Spain carries the Olympic torch during the opening ceremony. Reuters
    Rafael Nadal of Spain carries the Olympic torch during the opening ceremony. Reuters
  • The Eiffel Tower and the Olympics ring light up. AP
    The Eiffel Tower and the Olympics ring light up. AP
  • The Olympic flag is presented by the The Horsewoman at the Trocadero. Getty Images
    The Olympic flag is presented by the The Horsewoman at the Trocadero. Getty Images
  • Volunteers in the parade of flags. AP
    Volunteers in the parade of flags. AP
  • The Horsewoman, wearing the flag of the International Olympic Committee, appears on a metal horse at the Trocadero. PA
    The Horsewoman, wearing the flag of the International Olympic Committee, appears on a metal horse at the Trocadero. PA
  • An orchestra performs at the Trocadero. PA
    An orchestra performs at the Trocadero. PA
  • France's flag bearers Florent Manaudou and Melina Robert-Michon sail below the Eiffel Tower. Getty Images
    France's flag bearers Florent Manaudou and Melina Robert-Michon sail below the Eiffel Tower. Getty Images
  • Heavy metal musicians perform during the opening ceremony. AFP
    Heavy metal musicians perform during the opening ceremony. AFP
  • Models present creations while walking a catwalk along the Passerelle Debilly bridge. AFP
    Models present creations while walking a catwalk along the Passerelle Debilly bridge. AFP
  • Athletes head towards the Trocadero during the opening ceremony of the Paris 2024 Olympic Games. PA
    Athletes head towards the Trocadero during the opening ceremony of the Paris 2024 Olympic Games. PA
  • Athletes from the US travel by boat down the Seine. AP
    Athletes from the US travel by boat down the Seine. AP
  • Mezzo-soprano Axelle Saint-Cirel, standing on the roof of the Grand-Palais, sings the national anthem of France. EPA
    Mezzo-soprano Axelle Saint-Cirel, standing on the roof of the Grand-Palais, sings the national anthem of France. EPA
  • Representatives of the French armed forces carry the national flag of France. Getty Images
    Representatives of the French armed forces carry the national flag of France. Getty Images
  • Palestinian flag bearers Wasim Abusal and Valerie Rose Tarazi travel with teammates along the Seine. AP
    Palestinian flag bearers Wasim Abusal and Valerie Rose Tarazi travel with teammates along the Seine. AP
  • Performers dance along the banks of the Seine. AFP
    Performers dance along the banks of the Seine. AFP
  • The Institut de France is illuminated with fireworks. AFP
    The Institut de France is illuminated with fireworks. AFP
  • The torchbearer runs past Pont Neuf during the opening ceremony. AFP
    The torchbearer runs past Pont Neuf during the opening ceremony. AFP
  • Acrobats perform. AP
    Acrobats perform. AP
  • Smoke in the colours of the French flag explodes over Pont d’Austerlitz. Getty Images
    Smoke in the colours of the French flag explodes over Pont d’Austerlitz. Getty Images
  • Smoke billows near windows as performers participate in the opening ceremony. AP
    Smoke billows near windows as performers participate in the opening ceremony. AP
  • American singer-songwriter Lady Gaga performs at Square Barye during the athletes’ parade. Getty Images
    American singer-songwriter Lady Gaga performs at Square Barye during the athletes’ parade. Getty Images
  • UAE athletes aboard a boat in the floating parade. Reuters
    UAE athletes aboard a boat in the floating parade. Reuters
  • Actors perform during the opening ceremony. AP
    Actors perform during the opening ceremony. AP
  • Dancers perform on a roof. Getty Images
    Dancers perform on a roof. Getty Images
  • Tightrope walker Nathan Paulin performs on a high rope during the athletes’ parade. Getty Images
    Tightrope walker Nathan Paulin performs on a high rope during the athletes’ parade. Getty Images
  • A heart created during a aerial display. Getty Images
    A heart created during a aerial display. Getty Images
  • An aerial view of the Eiffel Tower and Trocadero at the start of the opening ceremony. Getty Images
    An aerial view of the Eiffel Tower and Trocadero at the start of the opening ceremony. Getty Images
  • Athletes from the Refugee Olympic Team's delegation sail on a boat along the Seine during the opening ceremony. AFP
    Athletes from the Refugee Olympic Team's delegation sail on a boat along the Seine during the opening ceremony. AFP
  • Team Great Britain athletes sail on a boat as they pass under a bridge on the Seine. Getty Images
    Team Great Britain athletes sail on a boat as they pass under a bridge on the Seine. Getty Images
  • The Olympic Torch is seen at the beginning of the athletes’ parade on the Seine. Getty Images
    The Olympic Torch is seen at the beginning of the athletes’ parade on the Seine. Getty Images
  • Olympics fans wearing rain capes as they take their seats for the opening ceremony. Getty Images
    Olympics fans wearing rain capes as they take their seats for the opening ceremony. Getty Images
  • A maintenance worker sweeps water off a skateboard ramp installed on a floating platform in the Seine river. Reuters
    A maintenance worker sweeps water off a skateboard ramp installed on a floating platform in the Seine river. Reuters
  • US singer-songwriter, rapper, artist and designer Pharrell Williams and French actress Laetitia Casta stand next to the Olympic torch in Saint-Denis, northern Paris. AFP
    US singer-songwriter, rapper, artist and designer Pharrell Williams and French actress Laetitia Casta stand next to the Olympic torch in Saint-Denis, northern Paris. AFP
  • French gendarmes patrol in front of the Louvre before the opening ceremony. Getty Images
    French gendarmes patrol in front of the Louvre before the opening ceremony. Getty Images
  • Performers practise near the Seine. Reuters
    Performers practise near the Seine. Reuters
  • French police officers secure the perimeter before the opening ceremony. EPA
    French police officers secure the perimeter before the opening ceremony. EPA
  • People start queuing to enter the venue of the opening ceremony. AP
    People start queuing to enter the venue of the opening ceremony. AP
  • Security officers from the UAE border force on patrol in front of the Louvre. AFP
    Security officers from the UAE border force on patrol in front of the Louvre. AFP
  • French special forces patrol the Seine as the security perimeter for the opening ceremony is put up. Reuters
    French special forces patrol the Seine as the security perimeter for the opening ceremony is put up. Reuters
  • Workers prepare the red carpet before the arrival of heads of state at the Elysee Palace in Paris. AP
    Workers prepare the red carpet before the arrival of heads of state at the Elysee Palace in Paris. AP

The brand framework is built on five values: “hopeful,” “universal,” “inclusive,” “vibrant” and “progressive.” That same five is repeated in the five Olympic rings. Each ring represents one of the continents competing in the Games. Each country’s flag is contained in the colour of the rings.

Every single part of the brand has a purpose. Everything is fully integrated – it all relates back to that vision statement. Discipline is tight, the narrative is rigorously maintained.

The Olympics reaches a vast, global audience across different age groups, demographics and languages. That requires an incredible effort by a PR, communications team knowing how people consume their media and what appeals to them. They produce tonnes of curated content for digital and traditional media, scouring events for stories of human endeavour.

It’s designed to connect, to pull at heartstrings, drawing the audience in – and critically, emphasising the brand messaging.

Tellingly, so often the athletes without thinking evoke those values themselves. There is GB’s Peaty in the pool, suffering the crushing disappointment of being denied a third successive gold by the narrowest of margins. What does he do? Rush to congratulate the Italian winner. Brilliant, directly on message and in front of the watching millions of TV viewers.

It helps of course where the Games are held. Some cities lend themselves to playing host, blending the splendour of the surroundings with the beauty of the sporting pageant. The combination makes for a magical, memorable occasion. Paris, Athens, London spring to mind as recent locations that fell into this category.

Aiding the headiness of the mix is how much the nation and city want the Games. London in 2012 took to hosting, recruiting thousands of happy volunteers, putting on concerts and effectively turning holding the Olympics into an excuse for one mass, ultimately exhausting party.

Paris is similar. Emmanuel Macron was desperate for the Games, as was the Paris mayor, Anne Hidalgo. The French, too, have embraced them. Alas, they’ve coincided with the president suddenly appearing weak in the face of political turmoil – ironically that he chose to exacerbate by calling a snap election.

Hidalgo, too, has her difficulties. A week ago, she pronounced the Seine clean enough to swim in, and demonstrated as much by somewhat clumsily diving in herself. Now, the wet weather has caused the return of pollution and the triathlon has had to be postponed. This, after spending £1bn cleaning up the river so it could be used for the Games and afterwards by Parisians.

Fortunately, her enthusiasm and that of Macron have not been dampened. Hidalgo is proposing adorning the Eiffel Tower permanently with the five rings. She also hopes a hugely popular hot air balloon tethered to the Olympic cauldron will find a permanent home in Paris, as could the statues of 10 French women that were part of the opening ceremony.

“We should explore possibilities for these three symbols,” Hidalgo said. “These three artistic, symbolic and magnificent objects deserve our full attention.” It’s no surprise. The Olympics has that effect on people.

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.”

Specs

Price, base: Dhs850,000
Engine: 3.9-litre twin-turbo V8
Transmission: Seven-speed automatic
Power: 591bhp @ 7,500rpm
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Fuel economy, combined: 11.3L / 100km

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Farage on Muslim Brotherhood

Nigel Farage told Reform's annual conference that the party will proscribe the Muslim Brotherhood if he becomes Prime Minister.
"We will stop dangerous organisations with links to terrorism operating in our country," he said. "Quite why we've been so gutless about this – both Labour and Conservative – I don't know.
“All across the Middle East, countries have banned and proscribed the Muslim Brotherhood as a dangerous organisation. We will do the very same.”
It is 10 years since a ground-breaking report into the Muslim Brotherhood by Sir John Jenkins.
Among the former diplomat's findings was an assessment that “the use of extreme violence in the pursuit of the perfect Islamic society” has “never been institutionally disowned” by the movement.
The prime minister at the time, David Cameron, who commissioned the report, said membership or association with the Muslim Brotherhood was a "possible indicator of extremism" but it would not be banned.

How to apply for a drone permit
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  • Submit their request
What are the regulations?
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Updated: July 31, 2024, 7:53 AM