Nanorack's new StarLab Oasis research programme aims to enhance food production in space and harsh environments on Earth. Getty Images
Nanorack's new StarLab Oasis research programme aims to enhance food production in space and harsh environments on Earth. Getty Images
Nanorack's new StarLab Oasis research programme aims to enhance food production in space and harsh environments on Earth. Getty Images
Nanorack's new StarLab Oasis research programme aims to enhance food production in space and harsh environments on Earth. Getty Images

To boldly grow: Abu Dhabi research centre to use space technology to boost food security


Sarwat Nasir
  • English
  • Arabic

A new research centre in Abu Dhabi will use the UAE desert as a testing ground to explore how space technology can help food production thrive in challenging climates – on Earth and beyond.

US-based firm Nanoracks, which specialises in launching small payloads such as mini and cube satellites, will establish a commercial space research centre called StarLab Oasis in the capital.

The company, which opened an office in Abu Dhabi’s Hub71 in 2019, has received funding from the Abu Dhabi Investment Office for the programme.

Researchers will look into ways of producing food on Mars as well as in areas, such as the Emirates, where scant rainfall is an obstacle to thriving agriculture.

“In the UAE, we really saw how space can be applied to what the issues are in the region, and one of them is food security,” Allen Herbert, vice president of business development and strategy at Nanoracks, told The National.

Allen Herbert, vice president of business development and strategy at Nanoracks. Courtesy: Nanoracks
Allen Herbert, vice president of business development and strategy at Nanoracks. Courtesy: Nanoracks

“Many people don’t realise that the vertical farming industry initially started almost 30 years ago and some of that technology came from Nasa because they were trying to figure out how we could sustain people in space for long durations and on other planets.

“Now, we’re launching a company called StarLab Oasis. What we’ll be focusing on is how we can utilise space technology and do even more research to impact food security on Earth, as well as how technologies on Earth can be used in space.”

High-tech operations to commence in 2022

An international team of scientists and engineers will work at the centre, which is expected to begin operations next year.

The UAE imports most of its food, but the country is working on ways to become self-sufficient.

Under its food security strategy, scientists have been using various agricultural methods to grow crops, such as rice, in the desert and in controlled environments.

Mr Herbert believes that space-based technology that already exists, and that can be further improved, could help advance those methods.

“For example, there are sensors that have been developed that monitor plant growth,” he said.

“You could also use artificial intelligence and have a lot of different data to maximise plant growth in limited space. Using AI, you could also look at the genomics of the plant, how it can survive, maximise plant genomics to grow in limited space with little sun in a certain strange environment.”

  • Emirati and Korean scientists have successfully grown rice crops in a remote Sharjah desert. All photos: Chris Whiteoak / The National
    Emirati and Korean scientists have successfully grown rice crops in a remote Sharjah desert. All photos: Chris Whiteoak / The National
  • In 2020, 763 kilograms of crops were harvested.
    In 2020, 763 kilograms of crops were harvested.
  • Amal Al Ahmadi, head of agricultural research section at Ministry of Climate Change and Environment, said the efforts are part of a research project to enhance the UAE's food security.
    Amal Al Ahmadi, head of agricultural research section at Ministry of Climate Change and Environment, said the efforts are part of a research project to enhance the UAE's food security.
  • The UAE is one of the largest importers of rice. Due to the country's hot climate, rice is difficult to cultivate and is better suited for nations with high rainfall.
    The UAE is one of the largest importers of rice. Due to the country's hot climate, rice is difficult to cultivate and is better suited for nations with high rainfall.
  • The ministry has partnered with South Korea's Rural Development Administration to create innovative ways to grow rice.
    The ministry has partnered with South Korea's Rural Development Administration to create innovative ways to grow rice.
  • An underground drop irrigation system is used to water the crops. There are four methods used, including drip and furrows (canals with drips), normal drip system, flooding with a protective layer and flooding in furrows.
    An underground drop irrigation system is used to water the crops. There are four methods used, including drip and furrows (canals with drips), normal drip system, flooding with a protective layer and flooding in furrows.
  • Korean scientists are at the farm nearly every day to monitor the crops.
    Korean scientists are at the farm nearly every day to monitor the crops.
  • The goal is to grow the crops in a sustainable way by using 50 per cent less water than what would be required. Pictured are water tanks that are used for farming.
    The goal is to grow the crops in a sustainable way by using 50 per cent less water than what would be required. Pictured are water tanks that are used for farming.
  • Technology is also used to help monitor the crops' health, including cameras, sensors and weather systems.
    Technology is also used to help monitor the crops' health, including cameras, sensors and weather systems.
  • The main challenge have been seed-eating birds that damage the crops.
    The main challenge have been seed-eating birds that damage the crops.
  • The Asemi variety of rice has been the most successful out of the two main ones that were tested, but there are 33 other types that are also being researched in smaller patches.
    The Asemi variety of rice has been the most successful out of the two main ones that were tested, but there are 33 other types that are also being researched in smaller patches.
  • The project is also meant to help farmers grow rice sustainably in the future.
    The project is also meant to help farmers grow rice sustainably in the future.
  • A machine designed to distribute nutrients to the plants at the rice farm.
    A machine designed to distribute nutrients to the plants at the rice farm.
  • The rice is only for research purposes and will not be available for commercial use.
    The rice is only for research purposes and will not be available for commercial use.

Scientists with the programme will use the UAE desert to carry out experiments.

Mr Herbert said they are looking at “greening of the desert” through advanced agricultural techniques, while using enhanced technology for agriculture in enclosed environments.

“When you take seeds up into space and expose them to minimum gravity, minimum energy, and even radiation, and then you bring them down, the harshest seeds will survive.

“Those seeds can be used to grow [crops] in the desert. Also, different techniques, in terms of energy and water, can be used in a desert environment.”

UAE investing in advanced food security methods

Nanoracks will be announcing more details on the project next week during the National Space Symposium in Colorado, being held from August 23 to 26.

Adio has invested Dh152 million ($41.4m) in three companies – Nanoracks, Pure Harvest Smart Farms and FreshToHome – as part of its AgTech Incentive Programme that focuses on land, sea and space projects to achieve food security.

Tariq Bin Hendi, director general of Adio, said Abu Dhabi was pressing ahead with its mission to turn the desert green and solve long-term global food security challenges.

“We have created an environment where innovative ideas can flourish and this has enabled the rapid expansion of our AgTech sector,” he said.

“Innovations from the companies we partnered with earlier this year are already propelling the growth of Abu Dhabi’s 24,000 farms. Partnering with Pure Harvest, FreshToHome and Nanoracks adds a realm of new capabilities to the ecosystem across land, sea and space.

“We are driving innovation across the entire agriculture value chain and this is producing a compounding effect that is benefiting farmers, innovators and companies in our region and beyond.”

Oyster farm in Dibba - in pictures

  • Oysters are typically farmed close to shore but these oysters are farmed off shore to take advantage of the warmer climate. Chris Whiteoak / The National
    Oysters are typically farmed close to shore but these oysters are farmed off shore to take advantage of the warmer climate. Chris Whiteoak / The National
  • Dibba Bay Oysters farm in Fujairah, where millions of oysters are produced. Chris Whiteoak / The National
    Dibba Bay Oysters farm in Fujairah, where millions of oysters are produced. Chris Whiteoak / The National
  • Oysters grow in a series of graduated nets, known as lanterns, metres beneath the surface of the sea. ocean farm. Chris Whiteoak / The National
    Oysters grow in a series of graduated nets, known as lanterns, metres beneath the surface of the sea. ocean farm. Chris Whiteoak / The National
  • Oysters grow in a series of graduated nets, known as lanterns, metres beneath the surface of the sea. ocean farm. Chris Whiteoak / The National
    Oysters grow in a series of graduated nets, known as lanterns, metres beneath the surface of the sea. ocean farm. Chris Whiteoak / The National
  • The lanterns protect the oysters while allowing the water to flow through so they can feed. Chris Whiteoak / The National
    The lanterns protect the oysters while allowing the water to flow through so they can feed. Chris Whiteoak / The National
  • The lanterns are filled with oysters that take about eight months to grow before being harvested. Chris Whiteoak / The National
    The lanterns are filled with oysters that take about eight months to grow before being harvested. Chris Whiteoak / The National
  • Oysters are harvested from the aqua farm. They take about eight months to grow completely. Chris Whiteoak / The National
    Oysters are harvested from the aqua farm. They take about eight months to grow completely. Chris Whiteoak / The National
  • Workers pull lanterns full of oysters from the sea. Chris Whiteoak / The National
    Workers pull lanterns full of oysters from the sea. Chris Whiteoak / The National
  • Between 5,000 and 10,000 baby oysters fit in each lantern. Once fully grown, that reduces to about 400 to 500. Chris Whiteoak / The National
    Between 5,000 and 10,000 baby oysters fit in each lantern. Once fully grown, that reduces to about 400 to 500. Chris Whiteoak / The National
  • Ramie Murray, founder of Dibba Bay Oysters, is a Scottish expatriate who has lived in the UAE for more than two decades.. Chris Whiteoak / The National
    Ramie Murray, founder of Dibba Bay Oysters, is a Scottish expatriate who has lived in the UAE for more than two decades.. Chris Whiteoak / The National
  • Oysters are weighed in the weighing room back at the land processing area. Chris Whiteoak / The National
    Oysters are weighed in the weighing room back at the land processing area. Chris Whiteoak / The National
  • After passing through the offshore farm and processing platform, the oysters are washed down, cleaned and individually weighed at the on-shore sorting facility before being packed and shipped for local or international export. Chris Whiteoak / The National
    After passing through the offshore farm and processing platform, the oysters are washed down, cleaned and individually weighed at the on-shore sorting facility before being packed and shipped for local or international export. Chris Whiteoak / The National
  • Cleaned oysters are packaged so they can be sold. Chris Whiteoak / The National
    Cleaned oysters are packaged so they can be sold. Chris Whiteoak / The National
  • Cleaned, freshly harvested oysters are ready for packaging. Chris Whiteoak / The National
    Cleaned, freshly harvested oysters are ready for packaging. Chris Whiteoak / The National
  • Harvested oysters are cleaned before they are packaged and sold. Chris Whiteoak / The National
    Harvested oysters are cleaned before they are packaged and sold. Chris Whiteoak / The National
  • Oysters freshly pulled from the sea are taken for processing. Chris Whiteoak / The National
    Oysters freshly pulled from the sea are taken for processing. Chris Whiteoak / The National
  • A worker separates the oysters based on their size at the land processing platform. Chris Whiteoak / The National
    A worker separates the oysters based on their size at the land processing platform. Chris Whiteoak / The National
  • Ramie Murray, founder of Dibba Bay Oysters, buys baby oysters from the UK and France before growing them in the waters off Fujairah. Chris Whiteoak / The National
    Ramie Murray, founder of Dibba Bay Oysters, buys baby oysters from the UK and France before growing them in the waters off Fujairah. Chris Whiteoak / The National
  • Oysters pass through the land processing area where they are weighed, cleaned and packaged for sale. Chris Whiteoak / The National
    Oysters pass through the land processing area where they are weighed, cleaned and packaged for sale. Chris Whiteoak / The National
  • The processing platform, where the oysters are separated based on size and cleaned before packaging. Chris Whiteoak / The National
    The processing platform, where the oysters are separated based on size and cleaned before packaging. Chris Whiteoak / The National
What can victims do?

Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

Report to local authorities

Warn others to prevent further harm

Courtesy: Crystal Intelligence

GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

SPEC%20SHEET%3A%20APPLE%20M3%20MACBOOK%20AIR%20(13%22)
%3Cp%3E%3Cstrong%3EProcessor%3A%3C%2Fstrong%3E%20Apple%20M3%2C%208-core%20CPU%2C%20up%20to%2010-core%20CPU%2C%2016-core%20Neural%20Engine%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EDisplay%3A%3C%2Fstrong%3E%2013.6-inch%20Liquid%20Retina%2C%202560%20x%201664%2C%20224ppi%2C%20500%20nits%2C%20True%20Tone%2C%20wide%20colour%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMemory%3A%3C%2Fstrong%3E%208%2F16%2F24GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStorage%3A%3C%2Fstrong%3E%20256%2F512GB%20%2F%201%2F2TB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EI%2FO%3A%3C%2Fstrong%3E%20Thunderbolt%203%2FUSB-4%20(2)%2C%203.5mm%20audio%2C%20Touch%20ID%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EConnectivity%3A%3C%2Fstrong%3E%20Wi-Fi%206E%2C%20Bluetooth%205.3%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBattery%3A%3C%2Fstrong%3E%2052.6Wh%20lithium-polymer%2C%20up%20to%2018%20hours%2C%20MagSafe%20charging%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECamera%3A%3C%2Fstrong%3E%201080p%20FaceTime%20HD%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EVideo%3A%3C%2Fstrong%3E%20Support%20for%20Apple%20ProRes%2C%20HDR%20with%20Dolby%20Vision%2C%20HDR10%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EAudio%3A%3C%2Fstrong%3E%204-speaker%20system%2C%20wide%20stereo%2C%20support%20for%20Dolby%20Atmos%2C%20Spatial%20Audio%20and%20dynamic%20head%20tracking%20(with%20AirPods)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EColours%3A%3C%2Fstrong%3E%20Midnight%2C%20silver%2C%20space%20grey%2C%20starlight%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIn%20the%20box%3A%3C%2Fstrong%3E%20MacBook%20Air%2C%2030W%2F35W%20dual-port%2F70w%20power%20adapter%2C%20USB-C-to-MagSafe%20cable%2C%202%20Apple%20stickers%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20From%20Dh4%2C599%3C%2Fp%3E%0A
The specs

Price, base / as tested Dh1,470,000 (est)
Engine 6.9-litre twin-turbo W12
Gearbox eight-speed automatic
Power 626bhp @ 6,000rpm
Torque: 900Nm @ 1,350rpm
Fuel economy, combined 14.0L / 100km

SERIES INFO

Afghanistan v Zimbabwe, Abu Dhabi Sunshine Series

All matches at the Zayed Cricket Stadium, Abu Dhabi

Test series

1st Test: Zimbabwe beat Afghanistan by 10 wickets
2nd Test: Wednesday, 10 March – Sunday, 14 March

Play starts at 9.30am

T20 series

1st T20I: Wednesday, 17 March
2nd T20I: Friday, 19 March
3rd T20I: Saturday, 20 March

TV
Supporters in the UAE can watch the matches on the Rabbithole channel on YouTube

Fund-raising tips for start-ups

Develop an innovative business concept

Have the ability to differentiate yourself from competitors

Put in place a business continuity plan after Covid-19

Prepare for the worst-case scenario (further lockdowns, long wait for a vaccine, etc.) 

Have enough cash to stay afloat for the next 12 to 18 months

Be creative and innovative to reduce expenses

Be prepared to use Covid-19 as an opportunity for your business

* Tips from Jassim Al Marzooqi and Walid Hanna

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
  • Option 2: 50% across three years
  • Option 3: 30% across five years 
All%20The%20Light%20We%20Cannot%20See%20
%3Cp%3E%3Cstrong%3ECreator%3A%20%3C%2Fstrong%3ESteven%20Knight%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%C2%A0%3C%2Fstrong%3EMark%20Ruffalo%2C%20Hugh%20Laurie%2C%20Aria%20Mia%20Loberti%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E1%2F5%C2%A0%3C%2Fp%3E%0A

Various Artists 
Habibi Funk: An Eclectic Selection Of Music From The Arab World (Habibi Funk)
​​​​​​​

Racecard
%3Cp%3E1.45pm%3A%20Bin%20Dasmal%20Contracting%20Cup%20%E2%80%93%20Maiden%20(PA)%20Dh50%2C000%20(Dirt)%201%2C200m%3Cbr%3E2.15pm%3A%20Al%20Shafar%20Investment%20Cup%20%E2%80%93%20Maiden%20(TB)%20Dh60%2C000%20(D)%201%2C200m%3Cbr%3E2.45pm%3A%202023%20Cup%20by%20Emirates%20sprint%20series%20%E2%80%93%20Handicap%20(TB)%20Dh84%2C000%20(D)%201%2C200m%3Cbr%3E3.15pm%3A%20HIVE%20Cup%20%E2%80%93%20Handicap%20(TB)%20Dh68%2C000%20(D)%201%2C400m%3Cbr%3E3.45pm%3A%20Jebel%20Ali%20Mile%20Prep%20by%20Shadwell%20%E2%80%93%20Conditions%20(TB)%20Dh100%2C000%20(D)%201%2C600m%3Cbr%3E4.15pm%3A%20JARC%20Cup%20%E2%80%93%20Maiden%20(TB)%20Dh60%2C000%20(D)%201%2C600m%3Cbr%3E4.45pm%3A%20Deira%20Cup%20by%20Emirates%20Sprint%20series%20%E2%80%93%20Handicap%20(TB)%20Dh76%2C000%20(D)%201%2C950m%3C%2Fp%3E%0A
What is dialysis?

Dialysis is a way of cleaning your blood when your kidneys fail and can no longer do the job.

It gets rid of your body's wastes, extra salt and water, and helps to control your blood pressure. The main cause of kidney failure is diabetes and hypertension.

There are two kinds of dialysis — haemodialysis and peritoneal.

In haemodialysis, blood is pumped out of your body to an artificial kidney machine that filter your blood and returns it to your body by tubes.

In peritoneal dialysis, the inside lining of your own belly acts as a natural filter. Wastes are taken out by means of a cleansing fluid which is washed in and out of your belly in cycles.

It isn’t an option for everyone but if eligible, can be done at home by the patient or caregiver. This, as opposed to home haemodialysis, is covered by insurance in the UAE.

ASIAN%20RUGBY%20CHAMPIONSHIP%202024
%3Cp%3E%3Cstrong%3EResults%3C%2Fstrong%3E%3Cbr%3EHong%20Kong%2052-5%20UAE%3Cbr%3ESouth%20Korea%2055-5%20Malaysia%3Cbr%3EMalaysia%206-70%20Hong%20Kong%3Cbr%3EUAE%2036-32%20South%20Korea%3Cbr%3E%3Cbr%3E%3Cstrong%3EFixtures%3C%2Fstrong%3E%3Cbr%3EFriday%2C%20June%2021%2C%207.30pm%20kick-off%3A%20UAE%20v%20Malaysia%3Cbr%3EAt%20The%20Sevens%2C%20Dubai%20(admission%20is%20free).%3Cbr%3ESaturday%3A%20Hong%20Kong%20v%20South%20Korea%3Cbr%3E%3C%2Fp%3E%0A
Full Party in the Park line-up

2pm – Andreah

3pm – Supernovas

4.30pm – The Boxtones

5.30pm – Lighthouse Family

7pm – Step On DJs

8pm – Richard Ashcroft

9.30pm – Chris Wright

10pm – Fatboy Slim

11pm – Hollaphonic

 

Dr Afridi's warning signs of digital addiction

Spending an excessive amount of time on the phone.

Neglecting personal, social, or academic responsibilities.

Losing interest in other activities or hobbies that were once enjoyed.

Having withdrawal symptoms like feeling anxious, restless, or upset when the technology is not available.

Experiencing sleep disturbances or changes in sleep patterns.

What are the guidelines?

Under 18 months: Avoid screen time altogether, except for video chatting with family.

Aged 18-24 months: If screens are introduced, it should be high-quality content watched with a caregiver to help the child understand what they are seeing.

Aged 2-5 years: Limit to one-hour per day of high-quality programming, with co-viewing whenever possible.

Aged 6-12 years: Set consistent limits on screen time to ensure it does not interfere with sleep, physical activity, or social interactions.

Teenagers: Encourage a balanced approach – screens should not replace sleep, exercise, or face-to-face socialisation.

Source: American Paediatric Association
Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

UAE currency: the story behind the money in your pockets
Lexus LX700h specs

Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

On sale: Now

Price: From Dh590,000

Name: Peter Dicce

Title: Assistant dean of students and director of athletics

Favourite sport: soccer

Favourite team: Bayern Munich

Favourite player: Franz Beckenbauer

Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates 

 

Essentials

The flights
Emirates, Etihad and Malaysia Airlines all fly direct from the UAE to Kuala Lumpur and on to Penang from about Dh2,300 return, including taxes. 
 

Where to stay
In Kuala Lumpur, Element is a recently opened, futuristic hotel high up in a Norman Foster-designed skyscraper. Rooms cost from Dh400 per night, including taxes. Hotel Stripes, also in KL, is a great value design hotel, with an infinity rooftop pool. Rooms cost from Dh310, including taxes. 


In Penang, Ren i Tang is a boutique b&b in what was once an ancient Chinese Medicine Hall in the centre of Little India. Rooms cost from Dh220, including taxes.
23 Love Lane in Penang is a luxury boutique heritage hotel in a converted mansion, with private tropical gardens. Rooms cost from Dh400, including taxes. 
In Langkawi, Temple Tree is a unique architectural villa hotel consisting of antique houses from all across Malaysia. Rooms cost from Dh350, including taxes.

Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

A Long Way Home by Peter Carey
Faber & Faber

Fixtures

Friday Leganes v Alaves, 10.15pm; Valencia v Las Palmas, 12.15am

Saturday Celta Vigo v Real Sociedad, 8.15pm; Girona v Atletico Madrid, 10.15pm; Sevilla v Espanyol, 12.15am

Sunday Athletic Bilbao v Getafe, 8.15am; Barcelona v Real Betis, 10.15pm; Deportivo v Real Madrid, 12.15am

Monday Levante v Villarreal, 10.15pm; Malaga v Eibar, midnight

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.”

WOMAN AND CHILD

Director: Saeed Roustaee

Starring: Parinaz Izadyar, Payman Maadi

Rating: 4/5

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BUNDESLIGA FIXTURES

Friday (all kick-offs UAE time)

Hertha Berlin v Union Berlin (10.30pm)

Saturday

Freiburg v Werder Bremen (5.30pm)

Paderborn v Hoffenheim (5.30pm)

Wolfsburg v Borussia Dortmund (5.30pm)

Borussia Monchengladbach v Bayer Leverkusen (5.30pm)

Bayern Munich v Eintracht Frankfurt (5.30pm)

Sunday

Schalke v Augsburg (3.30pm)

Mainz v RB Leipzig (5.30pm)

Cologne v Fortuna Dusseldorf (8pm)

 

 

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Dates for the diary

To mark Bodytree’s 10th anniversary, the coming season will be filled with celebratory activities:

  • September 21 Anyone interested in becoming a certified yoga instructor can sign up for a 250-hour course in Yoga Teacher Training with Jacquelene Sadek. It begins on September 21 and will take place over the course of six weekends.
  • October 18 to 21 International yoga instructor, Yogi Nora, will be visiting Bodytree and offering classes.
  • October 26 to November 4 International pilates instructor Courtney Miller will be on hand at the studio, offering classes.
  • November 9 Bodytree is hosting a party to celebrate turning 10, and everyone is invited. Expect a day full of free classes on the grounds of the studio.
  • December 11 Yogeswari, an advanced certified Jivamukti teacher, will be visiting the studio.
  • February 2, 2018 Bodytree will host its 4th annual yoga market.
MATCH INFO

Serie A

Juventus v Fiorentina, Saturday, 8pm (UAE)

Match is on BeIN Sports

Springsteen: Deliver Me from Nowhere

Director: Scott Cooper

Starring: Jeremy Allen White, Odessa Young, Jeremy Strong

Rating: 4/5

Race card

1.30pm: Handicap (PA) Dh 50,000 (Dirt) 1,400m

2pm: Handicap (TB) Dh 84,000 (D) 1,400m

2.30pm: Maiden (TB) Dh 60,000 (D) 1,200m

3pm: Conditions (TB) Dh 100,000 (D) 1.950m

3.30pm: Handicap (TB) Dh 76,000 (D) 1,800m

4pm: Maiden (TB) Dh 60,000 (D) 1,600m

4.30pm: Handicap (TB) Dh 68,000 (D) 1,000m

Updated: August 18, 2021, 11:00 AM