We’ve been lucky to enjoy big-engined cars thanks to favourable fuel prices, but as you may have noticed lately, the wallet is getting thinner each time we leave the petrol station, as prices creep skyward each month.
It’s time to toe the eco line and consider more fuel-efficient options. Hearteningly, as the new Maserati Levante Hybrid GT shows, it can be done without sacrificing prestige or performance.
Producing 325bhp from a two-litre, four-cylinder turbocharged engine and an eight-speed automatic transmission, the new Levante Hybrid GT rivals the former V6 engine previously used, by dragging its 2,090 kilograms to 100kph in just six seconds and on to a top speed of 240kph.
The Alfa Romeo-derived engine is supported by a 48V mild-hybrid system to deliver 450Nm of torque from just 1,500rpm that, Maserati says, gives it diesel-like torque while being 80 per cent better on fuel economy with 25 per cent fewer emissions.
The specs
Engine: 2.0-litre 4-cyl, 48V hybrid
Transmission: eight-speed automatic
Power: 325bhp
Torque: 450Nm
Price: Dh359,000
On sale: now
The engine is also 24kg lighter, which nicely offsets the extra weight of the batteries that Maserati has cleverly placed down the back so that the Levante can continue the company’s tradition of offering perfect 50:50 weight distribution for better handling.
The power train is almost identical to its saloon sibling, the Ghibli hybrid with its core component being a belt start generator (BSG) that recovers energy while braking and coasting, which is then be stored in a 48-volt lithium-ion battery in the rear.
So unlike other hybrids, this car doesn’t run on electricity alone, because it is constantly powered by a petrol motor, but the energy stored in the battery is then used to improve overall efficiency. It does this by returning power to the BSG, which can then assist the engine to reduce emissions, improve fuel consumption and boost performance.
Using an electrically driven e-booster compressor that supports the regular turbocharger, it helps at lower revs to wipe out turbo lag and provide more torque and better lowdown grunt.
Maserati insists the weight penalty of going down the plug-in hybrid path, which requires a heavier and larger battery for a gain of 50 kilometres of EV running, doesn’t make sense. Given the Levante hybrid hasn’t lost any space to its petrol siblings – remaining at 580 litres and 1,652 litres with the rear seat folded flat – you’d have to agree.
In the cabin, the centre console features the latest Connect software and more computer grunt to speed things up, along with better connectivity and wireless charging that’s compatible with Apple Carplay and Android Auto.
Like the regular Levante, the Hybrid GT offers four drive modes comprising Normal, Sport, Ice and Offroad. It also has an added feature it refers to as Sailing, which disengages the transmission when cruising to save fuel and cut emissions.
With air suspension as standard, in Normal mode, the driver can lower the vehicle by 20 millimetres, while in Sport, the Levante automatically drops by this amount as the steering and suspension also recalibrate for a sports drive. Flicking it to Offroad will raise it by 25mm with the possibility to increase further to 50mm for crawling over obstacles and difficult terrain.
Using the car’s variable ride height, finding a sweet spot for swift country road driving didn’t take long as it soon got into its performance stride. On road, performance from the four-cylinder engine is remarkable, although like the Ghibli Hybrid, it lacked the aural sensation we’re used to with Maseratis. That is, however, a price we have to pay with ever-tightening EU emission, exhaust and decibel restrictions.
Outwardly, it is nearly impossible to spot the difference because the only giveaway on the Levante Hybrid is the GT badge above a trio of side vents on the guards that are tinged in anodised blue.
The new grille introduced across the range last year to resemble the classic Maserati 3200GT, now features chrome highlights, as does the front bumper, while the brake callipers and a sliver of the iconic Trident badge on the C-Pillar are also in anodised blue to match the vents.
For the driver and front-seat passenger, there’s a new high-res display and cluster with new graphics specific to the Hybrid, while the leather stitching on the seats and door panels are also in “hybrid” blue.
While it may look like a mild facelift from the outside, underneath the Levante Hybrid GT is anything but, as Maserati has invested heavily to overhaul Fiat’s old Mirafiori plant to produce the Levante SUV as part of a 10-model onslaught over the coming years in its move to electrification.
Lotus Eletre: racy all-electric SUV launches on to world stage – in pictures:
Dark Souls: Remastered
Developer: From Software (remaster by QLOC)
Publisher: Namco Bandai
Price: Dh199
Anghami
Started: December 2011
Co-founders: Elie Habib, Eddy Maroun
Based: Beirut and Dubai
Sector: Entertainment
Size: 85 employees
Stage: Series C
Investors: MEVP, du, Mobily, MBC, Samena Capital
Company%20profile
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Yahya Al Ghassani's bio
Date of birth: April 18, 1998
Playing position: Winger
Clubs: 2015-2017 – Al Ahli Dubai; March-June 2018 – Paris FC; August – Al Wahda
SPEC%20SHEET
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U19 WORLD CUP, WEST INDIES
UAE group fixtures (all in St Kitts)
Saturday 15 January: v Canada
Thursday 20 January: v England
Saturday 22 January: v Bangladesh
UAE squad
Alishan Sharafu (captain), Shival Bawa, Jash Giyanani, Sailles Jaishankar, Nilansh Keswani, Aayan Khan, Punya Mehra, Ali Naseer, Ronak Panoly, Dhruv Parashar, Vinayak Raghavan, Soorya Sathish, Aryansh Sharma, Adithya Shetty, Kai Smith
Company%20profile
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The Buckingham Murders
Starring: Kareena Kapoor Khan, Ash Tandon, Prabhleen Sandhu
Director: Hansal Mehta
Rating: 4 / 5
How to help
Call the hotline on 0502955999 or send "thenational" to the following numbers:
2289 - Dh10
2252 - Dh50
6025 - Dh20
6027 - Dh100
6026 - Dh200
COMPANY%20PROFILE
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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.”
COMPANY%20PROFILE
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MATCH INFO
Liverpool 0
Stoke City 0
Man of the Match: Erik Pieters (Stoke)
Company Profile
Name: JustClean
Based: Kuwait with offices in other GCC countries
Launch year: 2016
Number of employees: 130
Sector: online laundry service
Funding: $12.9m from Kuwait-based Faith Capital Holding
Huroob Ezterari
Director: Ahmed Moussa
Starring: Ahmed El Sakka, Amir Karara, Ghada Adel and Moustafa Mohammed
Three stars
Managing the separation process
- Choose your nursery carefully in the first place
- Relax – and hopefully your child will follow suit
- Inform the staff in advance of your child’s likes and dislikes.
- If you need some extra time to talk to the teachers, make an appointment a few days in advance, rather than attempting to chat on your child’s first day
- The longer you stay, the more upset your child will become. As difficult as it is, walk away. Say a proper goodbye and reassure your child that you will be back
- Be patient. Your child might love it one day and hate it the next
- Stick at it. Don’t give up after the first day or week. It takes time for children to settle into a new routine.And, finally, don’t feel guilty.
New schools in Dubai
MATCH INFO
Quarter-finals
Saturday (all times UAE)
England v Australia, 11.15am
New Zealand v Ireland, 2.15pm
Sunday
Wales v France, 11.15am
Japan v South Africa, 2.15pm
In-demand jobs and monthly salaries
- Technology expert in robotics and automation: Dh20,000 to Dh40,000
- Energy engineer: Dh25,000 to Dh30,000
- Production engineer: Dh30,000 to Dh40,000
- Data-driven supply chain management professional: Dh30,000 to Dh50,000
- HR leader: Dh40,000 to Dh60,000
- Engineering leader: Dh30,000 to Dh55,000
- Project manager: Dh55,000 to Dh65,000
- Senior reservoir engineer: Dh40,000 to Dh55,000
- Senior drilling engineer: Dh38,000 to Dh46,000
- Senior process engineer: Dh28,000 to Dh38,000
- Senior maintenance engineer: Dh22,000 to Dh34,000
- Field engineer: Dh6,500 to Dh7,500
- Field supervisor: Dh9,000 to Dh12,000
- Field operator: Dh5,000 to Dh7,000
Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5
The major Hashd factions linked to Iran:
Badr Organisation: Seen as the most militarily capable faction in the Hashd. Iraqi Shiite exiles opposed to Saddam Hussein set up the group in Tehran in the early 1980s as the Badr Corps under the supervision of the Iran Revolutionary Guards Corps (IRGC). The militia exalts Iran’s Supreme Leader Ali Khamenei but intermittently cooperated with the US military.
Saraya Al Salam (Peace Brigade): Comprised of former members of the officially defunct Mahdi Army, a militia that was commanded by Iraqi cleric Moqtada Al Sadr and fought US and Iraqi government and other forces between 2004 and 2008. As part of a political overhaul aimed as casting Mr Al Sadr as a more nationalist and less sectarian figure, the cleric formed Saraya Al Salam in 2014. The group’s relations with Iran has been volatile.
Kataeb Hezbollah: The group, which is fighting on behalf of the Bashar Al Assad government in Syria, traces its origins to attacks on US forces in Iraq in 2004 and adopts a tough stance against Washington, calling the United States “the enemy of humanity”.
Asaeb Ahl Al Haq: An offshoot of the Mahdi Army active in Syria. Asaeb Ahl Al Haq’s leader Qais al Khazali was a student of Mr Al Moqtada’s late father Mohammed Sadeq Al Sadr, a prominent Shiite cleric who was killed during Saddam Hussein’s rule.
Harakat Hezbollah Al Nujaba: Formed in 2013 to fight alongside Mr Al Assad’s loyalists in Syria before joining the Hashd. The group is seen as among the most ideological and sectarian-driven Hashd militias in Syria and is the major recruiter of foreign fighters to Syria.
Saraya Al Khorasani: The ICRG formed Saraya Al Khorasani in the mid-1990s and the group is seen as the most ideologically attached to Iran among Tehran’s satellites in Iraq.
(Source: The Wilson Centre, the International Centre for the Study of Radicalisation)
Kill%20Bill%20Volume%201
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MATCH INFO
England 241-3 (20 ovs)
Malan 130 no, Morgan 91
New Zealand 165 all out (16.5ovs)
Southee 39, Parkinson 4-47
England win by 76 runs
Series level at 2-2
The specs
Engine: 2.0-litre 4-cyl, 48V hybrid
Transmission: eight-speed automatic
Power: 325bhp
Torque: 450Nm
Price: Dh359,000
On sale: now