Three-row SUVs are hugely popular in our bigger-is-better market, yet Hyundai was late to the party, as the Palisade — its first full-size contender — didn’t launch until 2019.
Making a dent in the seven and eight-seat wagon domain is no cakewalk as the competition includes quality offerings such as Honda Pilot, Mazda CX-9, Chevrolet Traverse, Ford Explorer, Nissan Pathfinder and Toyota Land Cruiser Prado.
The Palisade could also be considered as an alternative to the Land Rover Discovery, even though the classy Brit is a much pricier proposition.
As with Hyundai’s other current-generation models, the Palisade's edgy styling helps it to stand apart from the horde.
There’s no likelihood of mistaking the Palisade for anything else, as its huge, thrusting grille is flanked by slit-like headlights that make for a futuristic face.
The rest of the vehicle is more conventional from a visual standpoint, but its overall proportions gel well.
The specs
Engine: 3.8-litre V6
Power: 295hp at 6,000rpm
Torque: 355Nm at 5,200rpm
Transmission: 8-speed auto
Fuel consumption: 10.7L/100km
Price: Dh179,999-plus
On sale: now
Clamber inside and you’ll discover the interior layout is neat and functional, although there’s acres of hard-plastic trim on the dashboard, centre console and door trims that detracts slightly from cabin ambience.
Even so, there’s plenty to like about the Palisade’s innards. There’s ample head and shoulder room not only in the first two rows of seating, but also the third.
Luggage space measures 510 litres with all seats in place, but this can easily be boosted to 1,297 litres by folding down the third-row seats. They fold flat into the floor, so you’re not left with an irregular-shaped load bay.
The tailgate is electrically operated, making life easy if you’re carrying many bags of groceries.
Standard features in the Palisade include a 20-centimetre infotainment touchscreen, Bluetooth, five USB ports, and wireless Apple CarPlay and Android Auto.
The screen is intuitive and easy to use, and you can reach it from the driver’s seat without having to stretch too far.
There are physical controls for some functions, and wireless smartphone connectivity features make quick work of pairing your device to the system.
What is the Palisade Premium like to drive?
The Palisade Premium 2021, which is the range-topping vehicle The National tested, was equipped with head-up display, 12-speaker Infinity sound system, dual sunroofs, dual-zone automatic climate control, an intercom, a 31cm digital gauge cluster, push-button start, a 26cm infotainment touchscreen, as well as additional USB ports and wireless device charging.
Vehicles of this size (the Palisade is a tad under 5 metres long and 2 metres wide) often impart the feeling of being lumbering and cumbersome once you get under way, but that’s not the case here.
The Palisade is surprisingly crisp and agile in its responses, and the steering, brake and throttle are also nicely modulated, making it a pleasant vehicle to drive.
It’s also impressively quiet and supple-riding, so much so that it rivals the much pricier Land Rover Discovery with its refinement and on-road dynamics.
The 3.8-litre V6 and eight-speed work well in tandem, serving up smooth, unflustered performance and sufficient urge for effortless overtaking.
As for its off-road ability, the Palisade has Sand, Mud and Snow drive modes, but the monocoque-chassis Hyundai isn’t pitched as a bona fide all-terrainer in the sense that the more rugged ladder-frame-based Toyota Prado is.
Even so, the AWD Palisade is certainly up to the task of taking on moderately challenging sand dunes and rutted gravel tracks.
The Palisade is competitively priced as the entry-level model costs Dh139,999, while the range-topping Premium model we tested is pegged at Dh179,999.
The latter can also be had in seven-seat configuration, with captain’s chairs in lieu of a bench seat for the second row, in which case the price goes up to Dh189,999.
All in all, the Palisade is an impressively polished vehicle with few shortcomings.
Greater use of soft-touch materials in the cabin would have been nice but, even as it is, the big Hyundai is a great buy for anyone seeking a three-row SUV.
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The%20trailblazers
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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.”
LOVE%20AGAIN
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Read more from Johann Chacko
ELIO
Starring: Yonas Kibreab, Zoe Saldana, Brad Garrett
Directors: Madeline Sharafian, Domee Shi, Adrian Molina
Rating: 4/5
What sanctions would be reimposed?
Under ‘snapback’, measures imposed on Iran by the UN Security Council in six resolutions would be restored, including:
- An arms embargo
- A ban on uranium enrichment and reprocessing
- A ban on launches and other activities with ballistic missiles capable of delivering nuclear weapons, as well as ballistic missile technology transfer and technical assistance
- A targeted global asset freeze and travel ban on Iranian individuals and entities
- Authorisation for countries to inspect Iran Air Cargo and Islamic Republic of Iran Shipping Lines cargoes for banned goods
The specs: 2018 Mercedes-Benz GLA
Price, base / as tested Dh150,900 / Dh173,600
Engine 2.0L inline four-cylinder
Transmission Seven-speed automatic
Power 211hp @ 5,500rpm
Torque 350Nm @ 1,200rpm
Fuel economy, combined 6.4L / 100km
The biog
Favourite book: Homegoing by Yaa Gyasi
Favourite holiday destination: Spain
Favourite film: Bohemian Rhapsody
Favourite place to visit in the UAE: The beach or Satwa
Children: Stepdaughter Tyler 27, daughter Quito 22 and son Dali 19
CHATGPT%20ENTERPRISE%20FEATURES
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Fitness problems in men's tennis
Andy Murray - hip
Novak Djokovic - elbow
Roger Federer - back
Stan Wawrinka - knee
Kei Nishikori - wrist
Marin Cilic - adductor
Know your Camel lingo
The bairaq is a competition for the best herd of 50 camels, named for the banner its winner takes home
Namoos - a word of congratulations reserved for falconry competitions, camel races and camel pageants. It best translates as 'the pride of victory' - and for competitors, it is priceless
Asayel camels - sleek, short-haired hound-like racers
Majahim - chocolate-brown camels that can grow to weigh two tonnes. They were only valued for milk until camel pageantry took off in the 1990s
Millions Street - the thoroughfare where camels are led and where white 4x4s throng throughout the festival
Vikram%20Vedha
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Results
%3Cp%3E%3Cstrong%3EStage%207%3A%3C%2Fstrong%3E%3Cbr%3E1.%20Adam%20Yates%20(GBR)%20UAE%20Team%20Emirates%20%E2%80%93%203hrs%2029min%2042ses%3Cbr%3E2.%20Remco%20Evenepoel%20(BEL)%20Soudal%20Quick-Step%20%E2%80%93%2010sec%3Cbr%3E3.%20Geoffrey%20Bouchard%20(FRA)%20AG2R%20Citroen%20Team%20%E2%80%93%2042sec%3Cbr%3E%3Cstrong%3EGeneral%20Classification%3A%3C%2Fstrong%3E%3Cbr%3E1.%20Remco%20Evenepoel%20(BEL)%20Soudal%20Quick-Step%3Cbr%3E2.%20Lucas%20Plapp%20(AUS)%20Ineos%20Grenaders%20%E2%80%93%2059se%3Cbr%3E3.%20Adam%20Yates%20(GBR)%20UAE%20Team%20Emirates%20%E2%80%9360sec%3Cbr%3ERed%20Jersey%20(General%20Classification)%3A%20Remco%20Evenepoel%20(BEL)%20Soudal%20Quick-Step%3Cbr%3EGreen%20Jersey%20(Points%20Classification)%3A%20Tim%20Merlier%20(BEL)%20Soudal%20Quick-Step%3Cbr%3EWhite%20Jersey%20(Young%20Rider%20Classification)%3A%20Remco%20Evenepoel%20(BEL)%20Soudal%20Quick-Step%3Cbr%3EBlack%20Jersey%20(Intermediate%20Sprint%20Classification)%3A%20Edward%20Planckaert%20(FRA)%20Alpecin-Deceuninck%3C%2Fp%3E%0A
The specs
Engine: 3.8-litre V6
Power: 295hp at 6,000rpm
Torque: 355Nm at 5,200rpm
Transmission: 8-speed auto
Fuel consumption: 10.7L/100km
Price: Dh179,999-plus
On sale: now