Seven wonders of Expo 2020 Dubai to watch as anticipation builds for global event


Ramola Talwar Badam
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Related: Inside Expo 2020 Dubai's stunning Sustainability pavilion

A vast solar panel canopy, towering carbon fibre entry portals and the world’s largest 360-degree projection dome are among the eye-catching sights visitors will glimpse at Expo 2020 Dubai.

The spectacular show will officially open on October 1, but visitors can get their first glimpse at the rich array of dazzling attractions this week.

The Sustainability pavilion at Expo 2020 Dubai will open for public viewing on Friday, helping to whet the appetite for what is still to come.

In this guide, we help visitors identify some of the towering structures they will witness at the sprawling site.

The Expo campus is twice the size of Monaco, the world’s second smallest country, and packed with offerings from more than 190 countries.

Some buildings have been handed over and workers are putting the finishing touches to other units in the Dubai South area.

The six-month world fair, scheduled to take place last year, was postponed as countries grappled with lockdowns and flight restrictions to stem the spread of the coronavirus pandemic.

These are seven stunning structures to spot when you visit:

Sustainability Pavilion – pulling water out of air

The massive canopy is not just captivating to look at. It is a 100 per cent sustainable building in the middle of the desert generating both electricity and water.

A giant sunshade pulls water out of the air and is capped with solar cells that power the building.

The 1,055 solar panels on Terra, the pavilion’s 130-metre wide canopy, contribute to generating 4 gigawatt hours of alternative energy per year, sufficient to charge more than 900,000 mobile phones.

The Sustainability pavilion. The 130-metre wide canopy, called Terra, features 1,055 solar panels which will generate 4GWh of alternative energy per year, enough electricity to charge more than 900,000 mobile phones.
The Sustainability pavilion. The 130-metre wide canopy, called Terra, features 1,055 solar panels which will generate 4GWh of alternative energy per year, enough electricity to charge more than 900,000 mobile phones.

Inspired by natural processes of photosynthesis, the pavilion draws energy from the sun and captures moisture from humid air. The water will be recycled for use in the green zones.

Solar trees in the courtyard track the path of the sun and harness sunlight.

Visitors can explore gardens, shaded courtyards and winding paths within.

Conceptualised by UK-based Grimshaw Architects, it explores how design innovation is possible even in a challenging desert environment.

“We saw this was an incredible opportunity to demonstrate what would be achievable even in a hot and arid environment,” said Andrew Whalley, Grimshaw’s deputy chairman.

As the planet warms up, the Expo aims to inspire you to be part of the fight to preserve the planet.

Massive carbon-fibre gates

Three entry portals will welcome thousands of visitors each day.

Created by British architect Asif Khan, this will be the first sight for people who alight at the specially built metro station or from shuttle buses.

Mr Khan has described the 21-metre high gateways as his “best work” yet.

Each portal has a set of two gigantic doors inspired by the Arabic mashrabiya architecture.

The Expo 2020 entry portals, designed by British architect Asif Khan, have been revealed.
The Expo 2020 entry portals, designed by British architect Asif Khan, have been revealed.

The three-dimensional geometric design plays with light and shadow and dwarfs visitors who walk through.

Taller than a six-storey building and 30 metres long, the doors are remarkable from an engineering standpoint as they stand structurally strong without any additional support.
From far away, the doors appear to be translucent but up close, visitors will see thousands of fine lines like latticework.

The doors lead the visitors to the three theme Expo areas of Opportunity, Mobility, and Sustainability.

“The portals are the first thing you see as you approach the site, so they are a landmark at the beginning and end of your journey at Expo 2020,” Mr Khan said.

“Passing through the doors represents a physical and symbolic act of moving from the past into the future."

Al Wasl – the Expo’s crown jewel

The dome can easily be spotted even outside the Expo site. The expansive plaza that means ‘connection’ will remain an Expo legacy long after the world fair ends.

Al Wasl is also the historical name for Dubai.

The 360-degree steel trellis is one of the largest single structures on the site.

More than 200 projectors have been fitted on sand-coloured screens.

The translucent dome will help audiences inside and outdoors see films and lights beamed on to the world’s largest projection surface.

The design reflects the intertwined logo of the Expo 2020.

The Al Wasl pavillion. The moulded steel dome is 130-metres wide, 67-metres tall and weighs more than 500 tonnes. Taller than the leaning tower of Pisa and one of the largest single structures on the site, Al Wasl will be a permanent installation that will remain after the world fair ends in April 2021.
The Al Wasl pavillion. The moulded steel dome is 130-metres wide, 67-metres tall and weighs more than 500 tonnes. Taller than the leaning tower of Pisa and one of the largest single structures on the site, Al Wasl will be a permanent installation that will remain after the world fair ends in April 2021.

The moulded steel dome weighs more than 500 tonnes and is taller than the leaning tower of Pisa. It took precision heavy lifting equipment guided by engineers to raise it into place.

Designed by US firm Adrian Smith and Gordon Gill Architecture, it embodies the emirate’s goal of bringing people together.

The trellis aims to provide an immersive experience and is the heart of the site.

Wide enough to fit two Airbus A380s, it is the Expo’s centrepiece that connects different zones and will host the main ceremonies.

Mobility Pavilion – new journeys

The ribbed and curved exterior of the Mobility Pavilion resemble a mega fidget spinner.

A series of stainless-steel fins wrap around the building and the roof is fitted with photovoltaic and solar hot water panels.

It also houses the world’s largest passenger lift that can transport more than 160 people at a time.

Designed by British architects Foster and Partners, people can watch mobility devices in action across a 340-metre track that runs in a loop around the pavilion, partly sheltered underground and outdoors.

Visitors could be served by drones or robots when they enter three zones that form a petal in the tri-foil design.

Organisers say the Expo 2020 Mobility Pavilion will showcase how mobility will continue to transform the way we live, connect with people, understand different cultures, and exchange knowledge and ideas.
Organisers say the Expo 2020 Mobility Pavilion will showcase how mobility will continue to transform the way we live, connect with people, understand different cultures, and exchange knowledge and ideas.

People will enter a central area that features a moving platform and will take them to the third level. From here, the audience will move down through a series of interconnected galleries to the lower floors.

They will see autonomous vehicles, hoverboards and jetpacks in demonstration areas and could even see a hyperloop capsule in action.

There will be large presentations on a raised stage and an amphitheatre where 500 people can rest before moving on.

This pavilion is billed as ideal for tech enthusiasts keen on building their own robot.

Places marked as the House of Wisdom will throw up opportunities to learn lessons from scientists whose innovations have paved the way for smart devices we use today.

The learning will cover data on artificial intelligence and space exploration.

Saudi window to the world

The pavilion that spans an area equal to two football pitches is second to the UAE pavilion in size.

Resembling a huge window opening up from the ground and soaring into the sky, the structure plans to take visitors on a tour to watch Saudi Arabia’s transformation.

The six storey-high structure features 650 solar panels and a special water feature along a massive mirror screen.

The Saudi Pavilion at Expo 2020 will be 13,069 square metres - the second largest pavilion at next year's world fair. Courtesy Expo 2020 Dubai
The Saudi Pavilion at Expo 2020 will be 13,069 square metres - the second largest pavilion at next year's world fair. Courtesy Expo 2020 Dubai

At night, lasers will shoot out marking the outline of the structure’s shape.

An art installation embedded with 2,030 crystals and work by Saudi artists will be showcased.

The experiences planned will build in to the theme of ‘The sky is the limit’ and will feature Saudi’s plans for the future, plus its aims to forge deeper links with the rest of the world.

Spain – reuse and integrate

The stunning Spanish pavilion is comprised of several large conical structures which hide interconnected sheltered spaces connecting to town squares inside.

Built from reusable materials such as wood and iron, the cones increase air flow and the natural air conditioning will help keep people cool.

Several plazas will be integrated and covered by the tall cone design.

The Spanish Expo 2020 Pavilion.
The Spanish Expo 2020 Pavilion.

Before entering the atrium areas, visitors will take a step back in time and learn about 800 years of Islamic rule in Spain and its ties to the Arab world.

People can step in to learn how chess was brought to Spain from the Arab world, the architectural imprint and even how the region has influenced flamenco music.

UAE pavilion – Falcon in Flight

Spread over four storeys and totalling 15,000 sqm, the impressive white UAE pavilion will be the largest on the Expo site.

Architect Santiago Calatrav won a design competition beating back nine well-known firms for his plan to build a structure in the shape of a falcon in flight.

He said it was a “symbol of the UAE’s bold and daring spirit.”

The building is located at the heart of the 200-hectare exhibition centre and can be seen from the Al Wasl Plaza and the winged Dubai Metro entrance.

An artist's impression of the UAE pavilion at the Expo 2020 Dubai site. Wam
An artist's impression of the UAE pavilion at the Expo 2020 Dubai site. Wam

Organisers are confident the pavilion will be a major attraction with exhibitions that will retell the nation’s history and how it emerged as a global hub committed to peace and progress.

Dr Sultan Al Jaber, the Minister of Industry and Advanced Technology, said the country’s founding father Sheikh Zayed used falconry expeditions to forge connections between tribes and to create a distinct national identity that led to the founding of the United Arab Emirates.

“Now, the falcon design will symbolise how we are connecting the UAE to the minds of the world and how as a global community we can soar to new heights through partnership and co-operation.”

THE SPECS

GMC Sierra Denali 1500

Engine: 6.2-litre V8

Transmission: 10-speed automatic

Power: 420hp

Torque: 623Nm

Price: Dh232,500

The specs
Engine: 2.0-litre turbo 4-cyl

Transmission: eight-speed auto

Power: 190bhp

Torque: 300Nm

Price: Dh169,900

On sale: now 

The biog

Favourite food: Tabbouleh, greek salad and sushi

Favourite TV show: That 70s Show

Favourite animal: Ferrets, they are smart, sensitive, playful and loving

Favourite holiday destination: Seychelles, my resolution for 2020 is to visit as many spiritual retreats and animal shelters across the world as I can

Name of first pet: Eddy, a Persian cat that showed up at our home

Favourite dog breed: I love them all - if I had to pick Yorkshire terrier for small dogs and St Bernard's for big

Race card

5pm: Handicap (PA) Dh80,000 (Turf) 1,600m; 5.30pm: Maiden (PA) Dh80,000 (T) 1,400m

6pm: Handicap (PA) Dh80,000 (T) 1,400m; 6.30pm: Handicap (PA) Dh80,000 (T) 1,200m

7pm: Wathba Stallions Cup Handicap (PA) Dh70,000 (T) 2,200m

7.30pm: Handicap (TB) Dh100,000 (PA) 1,400m

Company%20Profile
%3Cp%3E%3Cstrong%3ECompany%3A%3C%2Fstrong%3E%20Astra%20Tech%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3EMarch%202022%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3EAbdallah%20Abu%20Sheikh%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20technology%20investment%20and%20development%3Cbr%3E%3Cstrong%3EFunding%20size%3A%3C%2Fstrong%3E%20%24500m%3C%2Fp%3E%0A
Tips for job-seekers
  • Do not submit your application through the Easy Apply button on LinkedIn. Employers receive between 600 and 800 replies for each job advert on the platform. If you are the right fit for a job, connect to a relevant person in the company on LinkedIn and send them a direct message.
  • Make sure you are an exact fit for the job advertised. If you are an HR manager with five years’ experience in retail and the job requires a similar candidate with five years’ experience in consumer, you should apply. But if you have no experience in HR, do not apply for the job.

David Mackenzie, founder of recruitment agency Mackenzie Jones Middle East

While you're here
Paatal Lok season two

Directors: Avinash Arun, Prosit Roy 

Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong

Rating: 4.5/5

UAE central contracts

Full time contracts

Rohan Mustafa, Ahmed Raza, Mohammed Usman, Chirag Suri, Mohammed Boota, Sultan Ahmed, Zahoor Khan, Junaid Siddique, Waheed Ahmed, Zawar Farid

Part time contracts

Aryan Lakra, Ansh Tandon, Karthik Meiyappan, Rahul Bhatia, Alishan Sharafu, CP Rizwaan, Basil Hameed, Matiullah, Fahad Nawaz, Sanchit Sharma

ABU%20DHABI'S%20KEY%20TOURISM%20GOALS%3A%20BY%20THE%20NUMBERS
%3Cp%3EBy%202030%2C%20Abu%20Dhabi%20aims%20to%20achieve%3A%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%2039.3%20million%20visitors%2C%3C%2Fstrong%3E%20nearly%2064%25%20up%20from%202023%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%20Dh90%20billion%20contribution%20to%20GDP%2C%3C%2Fstrong%3E%20about%2084%25%20more%20than%20Dh49%20billion%20in%202023%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%20178%2C000%20new%20jobs%2C%3C%2Fstrong%3E%20bringing%20the%20total%20to%20about%20366%2C000%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%2052%2C000%20hotel%20rooms%2C%3C%2Fstrong%3E%20up%2053%25%20from%2034%2C000%20in%202023%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%207.2%20million%20international%20visitors%2C%3C%2Fstrong%3E%20almost%2090%25%20higher%20compared%20to%202023's%203.8%20million%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%203.9%20international%20overnight%20hotel%20stays%2C%3C%2Fstrong%3E%2022%25%20more%20from%203.2%20nights%20in%202023%3C%2Fp%3E%0A
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

La Mer lowdown

La Mer beach is open from 10am until midnight, daily, and is located in Jumeirah 1, well after Kite Beach. Some restaurants, like Cupagahwa, are open from 8am for breakfast; most others start at noon. At the time of writing, we noticed that signs for Vicolo, an Italian eatery, and Kaftan, a Turkish restaurant, indicated that these two restaurants will be open soon, most likely this month. Parking is available, as well as a Dh100 all-day valet option or a Dh50 valet service if you’re just stopping by for a few hours.
 

Profile

Name: Carzaty

Founders: Marwan Chaar and Hassan Jaffar

Launched: 2017

Employees: 22

Based: Dubai and Muscat

Sector: Automobile retail

Funding to date: $5.5 million

THE SPECS

Engine: 3.9-litre twin-turbo V8

Transmission: seven-speed dual clutch

Power: 710bhp

Torque: 770Nm

Speed: 0-100km/h 2.9 seconds

Top Speed: 340km/h

Price: Dh1,000,885

On sale: now

U19 World Cup in South Africa

Group A: India, Japan, New Zealand, Sri Lanka

Group B: Australia, England, Nigeria, West Indies

Group C: Bangladesh, Pakistan, Scotland, Zimbabwe

Group D: Afghanistan, Canada, South Africa, UAE

UAE fixtures

Saturday, January 18, v Canada

Wednesday, January 22, v Afghanistan

Saturday, January 25, v South Africa

UAE squad

Aryan Lakra (captain), Vriitya Aravind, Deshan Chethyia, Mohammed Farazuddin, Jonathan Figy, Osama Hassan, Karthik Meiyappan, Rishabh Mukherjee, Ali Naseer, Wasi Shah, Alishan Sharafu, Sanchit Sharma, Kai Smith, Akasha Tahir, Ansh Tandon

AI traffic lights to ease congestion at seven points to Sheikh Zayed bin Sultan Street

The seven points are:

Shakhbout bin Sultan Street

Dhafeer Street

Hadbat Al Ghubainah Street (outbound)

Salama bint Butti Street

Al Dhafra Street

Rabdan Street

Umm Yifina Street exit (inbound)

'Panga'

Directed by Ashwiny Iyer Tiwari

Starring Kangana Ranaut, Richa Chadha, Jassie Gill, Yagya Bhasin, Neena Gupta

Rating: 3.5/5

'Unrivaled: Why America Will Remain the World’s Sole Superpower'
Michael Beckley, Cornell Press

UAE currency: the story behind the money in your pockets
RESULTS

2.15pm Maiden (PA) Dh40,000 (Dirt) 1,200m

Winner Shawall, Abdul Aziz Al Balushi (jockey), Majed Al Jahouri (trainer)

2.45pm Handicap (PA) Dh40,000 (D) 1,200m

Winner Anna Bella Aa, Fabrice Veron, Abdelkhir Adam

3.15pm Handicap (PA) Dh40,000 (D) 1,200m

Winner AF Thayer, Tadhg O’Shea, Ernst Oertel

3.45pm Handicap (PA) Dh40,000 (D) 1,700m

Winner Taajer, Fabrice Veron, Eric Lemartinel

4.15pm The Ruler of Sharjah Cup – Prestige (PA) Dh250,000 (D) 1,700m

Winner Jawaal, Jim Crowley, Majed Al Jahouri

4.45pm Handicap (TB) Dh40,000 (D) 2,000m

Winner Maqaadeer, Jim Crowley, Doug Watson

MATCH INFO

Chelsea 4 (Mount 18',Werner 44', Hudson-Odoi 49', Havertz 85')

Morecambe 0

RESULTS

6.30pm: Emirates Holidays Maiden (TB) Dh 82,500 (Dirt) 1,900m
Winner: Lady Snazz, Richard Mullen (jockey), Satish Seemar (trainer).

7.05pm: Arabian Adventures Maiden (TB) Dh 82,500 (D) 1,200m
Winner: Zhou Storm, Connor Beasley, Ali Rashid Al Raihe.

7.40pm: Emirates Skywards Handicap (TB) Dh 82,500 (D) 1,200m
Winner: Rich And Famous, Royston Ffrench, Salem bin Ghadayer.

8.15pm: Emirates Airline Conditions (TB) Dh 120,000 (D) 1,400m
Winner: Rio Angie, Sam Hitchcock, Doug Watson.

8.50pm: Emirates Sky Cargo (TB) Dh 92,500 (D) 1,400m
Winner: Kinver Edge, Richard Mullen, Satish Seemar.

9.15pm: Emirates.com (TB) Dh 95,000 (D) 2,000m
Winner: Firnas, Xavier Ziani, Salem bin Ghadayer.

Recipe: Spirulina Coconut Brothie

Ingredients
1 tbsp Spirulina powder
1 banana
1 cup unsweetened coconut milk (full fat preferable)
1 tbsp fresh turmeric or turmeric powder
½ cup fresh spinach leaves
½ cup vegan broth
2 crushed ice cubes (optional)

Method
Blend all the ingredients together on high in a high-speed blender until smooth and creamy. 

AWARDS
%3Cp%3E%3Cstrong%3EBest%20Male%20black%20belt%3A%20%3C%2Fstrong%3ELucas%20Protasio%20(BRA)%3Cbr%3E%3Cstrong%3EBest%20female%20black%20belt%3A%20%3C%2Fstrong%3EJulia%20Alves%20(BRA)%3Cbr%3E%3Cstrong%3EBest%20Masters%20black%20belt%3A%3C%2Fstrong%3E%20Igor%20Silva%20(BRA)%3Cbr%3E%3Cstrong%3EBest%20Asian%20Jiu-Jitsu%20Federation%3A%3C%2Fstrong%3E%20Kazakhstan%3Cbr%3E%3Cstrong%3EBest%20Academy%20in%20UAE%3A%20%3C%2Fstrong%3ECommando%20Group%2C%20Abu%20Dhabi%3Cbr%3E%3Cstrong%3EBest%20International%20Academy%3A%3C%2Fstrong%3E%20Commando%20Group%2C%20Abu%20Dhabi%3Cbr%3E%3Cstrong%3EAfrican%20Player%20of%20the%20Year%3A%20%3C%2Fstrong%3EKatiuscia%20Yasmira%20Dias%20(GNB)%3Cbr%3E%3Cstrong%3EOceanian%20Player%20of%20the%20Year%3A%20%3C%2Fstrong%3EAnton%20Minenko%20(AUS)%3Cbr%3E%3Cstrong%3EEuropean%20Player%20of%20the%20Year%3A%3C%2Fstrong%3E%20Rose%20El%20Sharouni%20(NED)%3Cbr%3E%3Cstrong%3ENorth%20and%20Central%20American%20Player%20of%20the%20Year%3A%20%3C%2Fstrong%3EAlexa%20Yanes%20(USA)%3Cbr%3E%3Cstrong%3EAsian%20Player%20of%20the%20Year%3A%20%3C%2Fstrong%3EZayed%20Al%20Katheeri%20(UAE)%3Cbr%3E%3Cstrong%3ERookie%20of%20the%20Year%3A%3C%2Fstrong%3E%20Rui%20Neto%20(BRA)Rui%20Neto%20(BRA)%3C%2Fp%3E%0A
Bullet%20Train
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20David%20Leitch%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Brad%20Pitt%2C%20Aaron%20Taylor-Johnson%2C%20Brian%20Tyree%20Henry%2C%20Sandra%20Bullock%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A

White hydrogen: Naturally occurring hydrogenChromite: Hard, metallic mineral containing iron oxide and chromium oxideUltramafic rocks: Dark-coloured rocks rich in magnesium or iron with very low silica contentOphiolite: A section of the earth’s crust, which is oceanic in nature that has since been uplifted and exposed on landOlivine: A commonly occurring magnesium iron silicate mineral that derives its name for its olive-green yellow-green colour

Wicked: For Good

Director: Jon M Chu

Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater

Rating: 4/5

Specs

Engine: 51.5kW electric motor

Range: 400km

Power: 134bhp

Torque: 175Nm

Price: From Dh98,800

Available: Now

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.”

MATCH INFO

Mainz 0

RB Leipzig 5 (Werner 11', 48', 75', Poulsen 23', Sabitzer 36')

Man of the Match: Timo Werner (RB Leipzig)

Tips for newlyweds to better manage finances

All couples are unique and have to create a financial blueprint that is most suitable for their relationship, says Vijay Valecha, chief investment officer at Century Financial. He offers his top five tips for couples to better manage their finances.

Discuss your assets and debts: When married, it’s important to understand each other’s personal financial situation. It’s necessary to know upfront what each party brings to the table, as debts and assets affect spending habits and joint loan qualifications. Discussing all aspects of their finances as a couple prevents anyone from being blindsided later.

Decide on the financial/saving goals: Spouses should independently list their top goals and share their lists with one another to shape a joint plan. Writing down clear goals will help them determine how much to save each month, how much to put aside for short-term goals, and how they will reach their long-term financial goals.

Set a budget: A budget can keep the couple be mindful of their income and expenses. With a monthly budget, couples will know exactly how much they can spend in a category each month, how much they have to work with and what spending areas need to be evaluated.

Decide who manages what: When it comes to handling finances, it’s a good idea to decide who manages what. For example, one person might take on the day-to-day bills, while the other tackles long-term investments and retirement plans.

Money date nights: Talking about money should be a healthy, ongoing conversation and couples should not wait for something to go wrong. They should set time aside every month to talk about future financial decisions and see the progress they’ve made together towards accomplishing their goals.

UAE currency: the story behind the money in your pockets
MATCH INFO

Day 2 at Mount Maunganui

England 353

Stokes 91, Denly 74, Southee 4-88

New Zealand 144-4

Williamson 51, S Curran 2-28

The biog

Favourite films: Casablanca and Lawrence of Arabia

Favourite books: Start with Why by Simon Sinek and Good to be Great by Jim Collins

Favourite dish: Grilled fish

Inspiration: Sheikh Zayed's visionary leadership taught me to embrace new challenges.

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Arabian Gulf Cup FINAL

Al Nasr 2

(Negredo 1, Tozo 50)

Shabab Al Ahli 1

(Jaber 13)

MATCH INFO

Manchester United 1 (Rashford 36')

Liverpool 1 (Lallana 84')

Man of the match: Marcus Rashford (Manchester United)

RESULTS

Tottenham 1

Jan Vertonghen 13'

Norwich 1

Josip Drmic 78'

2-3 on penalties

UAE currency: the story behind the money in your pockets
UAE SQUAD

Omar Abdulrahman (Al Hilal), Ali Khaseif, Ali Mabkhout, Salem Rashed, Khalifa Al Hammadi, Khalfan Mubarak, Zayed Al Ameri, Mohammed Al Attas (Al Jazira), Khalid Essa, Ahmed Barman, Ryan Yaslam, Bandar Al Ahbabi (Al Ain), Habib Fardan, Tariq Ahmed, Mohammed Al Akbari (Al Nasr), Ali Saleh, Ali Salmin (Al Wasl), Adel Al Hosani, Ali Hassan Saleh, Majed Suroor (Sharjah), Ahmed Khalil, Walid Abbas, Majed Hassan, Ismail Al Hammadi (Shabab Al Ahli), Hassan Al Muharrami, Fahad Al Dhahani (Bani Yas), Mohammed Al Shaker (Ajman)

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Company%20profile
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UAE Premiership

Results

Dubai Exiles 24-28 Jebel Ali Dragons
Abu Dhabi Harlequins 43-27 Dubai Hurricanes

Final
Abu Dhabi Harlequins v Jebel Ali Dragons, Friday, March 29, 5pm at The Sevens, Dubai

You Were Never Really Here

Director: Lynne Ramsay

Starring: Joaquim Phoenix, Ekaterina Samsonov

Four stars