A three-day programme of talks, performances, dining experiences, art installations and screenings includes work by artist Refik Anadol (above). Image: supplied
A three-day programme of talks, performances, dining experiences, art installations and screenings includes work by artist Refik Anadol (above). Image: supplied
A three-day programme of talks, performances, dining experiences, art installations and screenings includes work by artist Refik Anadol (above). Image: supplied
A three-day programme of talks, performances, dining experiences, art installations and screenings includes work by artist Refik Anadol (above). Image: supplied

Creativity festival Semi Permanent leads the way for post-Covid live experiences



Abu Dhabi cultural venue Manarat al Saadiyat is set to be transformed this October by Australian-born creativity and design festival Semi Permanent, running as part of the inaugural Collectors Week. With a three-day program of talks, performances, dining experiences, art installations and screenings from a standout line-up of acclaimed global creative talent aimed at offering fresh and unique perspectives on our world post-pandemic.

From an exclusive interview with Grammy award-winning DJ and songwriter Mark Ronson to a pop-up bar and restaurant by New York establishment The Flower Shop and an installation by the genre-defying artist Refik Anadol, Semi Permanent is your window into the current state of global creativity.

The creativity and design festival has featured keynote talks by director Oliver Stone, filmmaker and photographer Gia Coppola, architect Bjarke Ingels and skateboarder Tony Hawk. Image: supplied
The creativity and design festival has featured keynote talks by director Oliver Stone, filmmaker and photographer Gia Coppola, architect Bjarke Ingels and skateboarder Tony Hawk. Image: supplied

Event program showcases the diversity of creative practices

From art and music to architecture and fashion design, the breadth of Semi Permanent’s program demonstrates the shifting nature of creativity in the 21st century. In particular, many of the projects that the speakers will discuss on stage point to a breaking down of traditional practices or structures: there are artists collaborating with fashion designers, musicians making fashion lines, graphic designers creating furniture.

According to Semi Permanent creative director and curator of the Semi Permanent Middle East festival, Mitchell Oakley Smith the event is intended to provide a window into what’s happening in the arts and design landscape — both today and into the future. “We’ve brought together some 30 incredible talents, from here in the UAE as well the United States, Australia, Germany, the United Kingdom and beyond, and while they vary greatly what they create, what they have in common is that they’re leaders in their field and define trends,” says Oakley Smith, noting such talent as architect Oana Stanescu, musician Dana Hourani and fashion designer Bunyamin Adin of Les Benjamins among those that will be in attendance.

“In our talks program, which anchors each ticketed session of the event, we’ll have keynote talks and conversational interviews on stage with these talents, and that’s an incredibly rare and amazing opportunity to hear directly from these tastemakers about what makes them tick, how they go about their work, and what’s next,” he adds. “To be returning to live events with such a dynamic and broad lineup, and to be doing that in Abu Dhabi as part of the inaugural Collectors Week is really exciting.”

Abu Dhabi cultural venue Manarat Al Saadiyat is set to be transformed this October by Australian-born creativity and design festival Semi Permanent. Image: Tobypeet.com
Abu Dhabi cultural venue Manarat Al Saadiyat is set to be transformed this October by Australian-born creativity and design festival Semi Permanent. Image: Tobypeet.com

A new format for live events

For 19 years, Sydney-based company Semi Permanent has been staging its festivals in cities across the world, including its Australian home as well as Auckland, Los Angeles, Hong Kong, London, Stockholm and Portland. Over the course of nearly two decades, Semi Permanent became the largest and most recognised creativity and design festival in the southern hemisphere, with its events featuring keynote talks by esteemed creative talent including director Oliver Stone, filmmaker and photographer Gia Coppola, architect Bjarke Ingels and skateboarder Tony Hawk.

When Covid hit in early 2020, companies like Semi Permanent went into shock, the insurmountable impact of the pandemic on the live event format shuttering businesses across the globe. But instead of retreating, Semi Permanent’s founder, Murray Bell, took is as an opportunity to reinvent what a festival experience can be, the result of which will be unveiled at Manarat al Saadiyat, Abu Dhabi this October.

“We’ve gone from being able to have 5000 people in a room to having less than 500, but that doesn’t mean we can’t make something that’s exciting and memorable,” says Bell. “We discovered quite the opposite: that we could craft a series of incredibly intimate experiences that bring audiences even closer to the talent, and offer a range of touch points and dynamic mix of programming.”

For Semi Permanent Middle East, that includes keynote talks and performances, but also curated exhibitions, large-scale installations, pop-up food and retail experiences and workshops. “At Semi Permanent, no two experiences will be the same, and whether you’re someone working in design or the arts, or are just keen to enjoy something new, we know this evolved event format will really inspire.”

Semi Permanent Middle East runs 14-16 October 2021 at Manarat al Saadiyat, Abu Dhabi. For tickets, visit: https://semipermanent.com/events/middle-east-2021

The specs

AT4 Ultimate, as tested

Engine: 6.2-litre V8

Power: 420hp

Torque: 623Nm

Transmission: 10-speed automatic

Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)

On sale: Now

Brief scores:

Manchester City 3

Aguero 1', 44', 61'

Arsenal ​​​​​1

Koscielny 11'

Man of the match: Sergio Aguero (Manchester City)

The years Ramadan fell in May

1987

1954

1921

1888

What is a robo-adviser?

Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.

These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.

Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.

Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.

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Empty Words

By Mario Levrero  

(Coffee House Press)
 

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The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

MATCH INFO

Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid

When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid

Dark Souls: Remastered
Developer: From Software (remaster by QLOC)
Publisher: Namco Bandai
Price: Dh199

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.”

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COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%3A%20%3C%2Fstrong%3EGrowdash%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3EJuly%202022%0D%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3ESean%20Trevaskis%20and%20Enver%20Sorkun%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%2C%20UAE%0D%3Cbr%3E%3Cstrong%3EIndustry%3A%20%3C%2Fstrong%3ERestaurant%20technology%0D%3Cbr%3E%3Cstrong%3EFunding%20so%20far%3A%3C%2Fstrong%3E%20%24750%2C000%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EFlat6Labs%2C%20Plus%20VC%2C%20Judah%20VC%2C%20TPN%20Investments%20and%20angel%20investors%2C%20including%20former%20Talabat%20chief%20executive%20Abdulhamid%20Alomar%2C%20and%20entrepreneur%20Zeid%20Husban%3C%2Fp%3E%0A

Like a Fading Shadow

Antonio Muñoz Molina

Translated from the Spanish by Camilo A. Ramirez

Tuskar Rock Press (pp. 310)

THE DETAILS

Director: Milan Jhaveri
Producer: Emmay Entertainment and T-Series
Cast: John Abraham, Manoj Bajpayee
Rating: 2/5

Dhadak 2

Director: Shazia Iqbal

Starring: Siddhant Chaturvedi, Triptii Dimri 

Rating: 1/5

Updated: September 26, 2021, 8:53 AM