Eye that captured a century


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ABU DHABI // Henri Cartier-Bresson's black-and-white photographs beg an explanation and tell a story at the same time. In 1962 he photographed three men with their backs to the camera as they peered into East Berlin from the West; while decades earlier it was a fishing boat in front of two couples having a picnic on the banks of the Marne. Both pictures demonstrate the late French photographer's approach to the captured moment as it related to his love for art.

"For me the camera is a sketch book," he once said. "An instrument of intuition and spontaneity, the master of an instant which, in visual terms, questions and decides simultaneously ... it is by economy of means that one arrives at simplicity of expression." The photographs are among 160 on display at Emirates Palace hotel until March 31 as part of Europeans 1929-1991. The exhibition was organised by the Abu Dhabi Authority for Culture and Heritage as part of the Emirates International Photography Festival, which is also running until the end of the month.

With a street photography style that helped to inspire modern photojournalism, Cartier-Bresson would and could not interact with most of his subjects. "If you say, 'Hello' then the picture is gone," said Agnès Sire, director of the Henri Cartier-Bresson Foundation. "You don't speak to the person; you take the picture and then you hide. You steal the picture." Ms Sire, who worked with Cartier-Bresson for 20 years and is in the capital for the launch of the exhibition, said he developed his methods in 1932 while spending a year in Ivory Coast. Although he had trained as a painter, he ended up hunting game to support himself. In Africa Cartier-Bresson also picked up the Leica 35mm camera that would capture many of his images.

In one of the most famous, a man skips across a puddle and is reflected in the water, in front of a poster for a famous dance company. The picture was taken in 1932 near the Gare St Lazare in Paris. "It cannot happen twice," said Ms Sire. Cartier-Bresson's style became known as the "decisive moment". However, it was a label foisted on him by the US publisher of his 1952 book Images à la Sauvette, or stolen images, and he despised it, said Ms Sire.

"It has been sticking to him all his life," she said. Any photographer must find a "decisive moment" before he shoots a frame, and Cartier-Bresson was no different, she said. Instead, he favoured the term "the lost moment". "Photography is always about that," she said. "Photography is to keep a moment that has vanished." Cartier-Bresson had his first exhibition in New York in 1933, and began building an international reputation working for newspapers and magazines.

When the Second World War broke out he joined the French army in the film and photo unit, but was captured in 1940 and spent three years working in German labour camps. He escaped in 1943, on his third attempt, and went underground until the end of the war. When he emerged in 1945 the Museum of Modern Art in New York, presuming him dead, was planning a posthumous show of his work, which turned into a retrospective. In 1947 he co-founded the Magnum Photos agency with Robert Capa, George Rodger and David Seymour.

Despite his talent, for Cartier-Bresson the ever-present potential for a photograph was a continuous source of tension and angst. The American author Truman Capote, a friend, likened him to a libellule frénétique, or an agitated or frenetic dragonfly. "He was a bundle of nerves," said Ms Sire. "When you are a photographer working like he was, that means you have to capture the exact moment. You always have to be...on the hunt"

Paint and canvas, however, provided a path to relaxation. In 1968 Cartier-Bresson began to curtail his photography to focus on drawing and painting, learning about Buddhism and practising meditation, seeking and finding the calm that had eluded him behind the lens for decades. Because he lived from 1908 to 2004, and photographed for so many years, Cartier-Bresson was dubbed "the eye of the century". When he died, French newspapers proclaimed that the eye had "closed".

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2. Valtteri Bottas, Finland, Mercedes, 1:35.271.
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6. Carlos Sainz Jr, Spain, McLaren Renault, 1:35.815.
7. Daniil Kvyat, Russia, Scuderia Toro Rosso Honda, 1:35.963.
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9. Charles Leclerc, Monaco, Ferrari, 1:36.065.
10. Pierre Gasly, France, Scuderia Toro Rosso Honda, 1:36.242.

Eliminated after second session

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14. Antonio Giovinazzi, Italy, Alfa Romeo Racing Ferrari, 1:38.248.

Eliminated after first session

15. Antonio Giovinazzi, Italy, Alfa Romeo Racing Ferrari, 1:37.075.
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17. Kevin Magnussen, Denmark, Haas Ferrari, 1:37.863.
18. George Russell, Great Britain, Williams Mercedes, 1:38.045.
19. Pietro Fittipaldi, Brazil, Haas Ferrari, 1:38.173.
20. Nicholas Latifi, Canada, Williams Mercedes, 1:38.443.

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Key figures in the life of the fort

Sheikh Dhiyab bin Isa (ruled 1761-1793) Built Qasr Al Hosn as a watchtower to guard over the only freshwater well on Abu Dhabi island.

Sheikh Shakhbut bin Dhiyab (ruled 1793-1816) Expanded the tower into a small fort and transferred his ruling place of residence from Liwa Oasis to the fort on the island.

Sheikh Tahnoon bin Shakhbut (ruled 1818-1833) Expanded Qasr Al Hosn further as Abu Dhabi grew from a small village of palm huts to a town of more than 5,000 inhabitants.

Sheikh Khalifa bin Shakhbut (ruled 1833-1845) Repaired and fortified the fort.

Sheikh Saeed bin Tahnoon (ruled 1845-1855) Turned Qasr Al Hosn into a strong two-storied structure.

Sheikh Zayed bin Khalifa (ruled 1855-1909) Expanded Qasr Al Hosn further to reflect the emirate's increasing prominence.

Sheikh Shakhbut bin Sultan (ruled 1928-1966) Renovated and enlarged Qasr Al Hosn, adding a decorative arch and two new villas.

Sheikh Zayed bin Sultan (ruled 1966-2004) Moved the royal residence to Al Manhal palace and kept his diwan at Qasr Al Hosn.

Sources: Jayanti Maitra, www.adach.ae

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Indian construction workers stranded in Ajman with unpaid dues

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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Director: Anurag Kashyap​​​​​​​
Cast: Abhishek Bachchan, Taapsee Pannu, Vicky Kaushal​​​​​​​
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UAE currency: the story behind the money in your pockets
COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
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Investment raised: $4 million 

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JAPANESE GRAND PRIX INFO

Schedule (All times UAE)
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Third practice: Saturday, 7-8am
Qualifying: Saturday, 10-11am
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Circuit Length: 5.807km
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