In an abandoned cement factory on the outskirts of Damascus, hundreds of partygoers are gathered. Braving chilly, rainy weather, the eager patrons dance the night away, illuminated by beaming lasers and flashing lights in a display reminiscent of a European rave in a Vin Diesel thriller.
This, however, is Syria, and this is the clearest sign yet that the under-reported underground dance and techno scene is finding a new stride.
It’s a storm that’s long been brewing, as a keen community emerges from the ashes of war.
The Dummar factory rave, which was organised by emerging events companies the Siin Experience and UTU Nightlife, is only the tip of a musical iceberg that’s been expanding rapidly since 2017.
In recent months, seasoned western artists have performed in Syria, including Ilona Lica from Estonia and Germany’s deep house DJ Nakkadia, alongside emerging local talents such as DJ Saade and Boshoco.
Aside from putting the country back on the global music map, the rising popularity of techno and dance events is a welcome distraction for Syrians. In a period of economic turmoil and severe currency fluctuation, music has been a major respite.
Kinda, 22, a graphic designer who moved from Paris to Damascus in 2018, and who has spent summers in Syria for years, says she hasn’t seen this quality of events since before the war in 2011. “Many people are now getting into live music and techno, the community has grown, I haven’t seen raves this good, even in Europe, and people from all denominations come to forget their problems and struggles.
“We all face hardship in our lives, we have to queue for petrol or cooking gas, some have less income than others, [but] techno is my comfort zone now, I don’t have any difficulties there, just music and expression.”
Local DJ Boshoco, 37, who lives in Aleppo, has been a main driver of the techno scene in Syria. He is preparing to tour Europe in June, with gigs lined up at venues in Brussels, Paris and London. While he loves the vibes of these cities, he says the atmosphere at dance events in Syria is unique.
"After having played in many locations I feel a completely different vibe on the dance floor in Syria. It's therapeutic to see people together, united, with smiles. Since teaming up with Siin and UTU we've had some amazing line-ups. We have a refined taste for music in the country."
DJ Saade — whose name means happiness in Arabic — is also one of the pioneers of the now-thriving dance community. “The appetite for this genre of music developed uniquely,” he tells The National. “It started as an underground concept for people to join, similar to a society, because this is the type of music that we love. We didn’t have many avenues in 2017. People are frustrated with their lives and their difficulties, so they look to music to vent their frustration.”
Saade’s real name is Saade Khoury, and his sets are among the most popular, with people flocking to his gigs. He believes the Syrian music industry will become more prominent in the future.
“I think, first of all, the limit is the sky. We are now in the space where there is a large community that can help to take it forward. The country is more open. It will not take a long time, with what we are doing, to see an event with 10,000 people, we are still building a base.”
Through the medium of music, people are trying to create new links and opportunities, Saade says.
It was magic. It’s rare to see this energy
Elia Crecchi,
aka DJ Undercat
“People need as much space as equals their anger. After several years, we want to put Syria on the map, and we have so far. It’s the best feeling in the world when you have an idea, and people want more of it, whether it’s motivational, financial or mental.
“For many people who endured the worst times, this is history, to make such high-quality events in the country, it’s a dream coming true.”
Music lovers are travelling from outside Damascus to attend these events, too. Aram Habeshian, a designer who lives in Aleppo, travelled to the Syrian capital for one such rave. “For me, it’s definitely a positive step, and I believe people who attend dance and nightlife events are trying to live their lives and shut out their day-to-day problems. I have many friends from Aleppo who replied to my [Instagram] stories cursing the lack of nightlife in the city.”
Saade says he hopes, through his sets, to encourage other people to be their true selves. “I hope I can inspire those who have an identity, and authenticity, to do what they want. The war was hard, and music gives you balance. This is a cultural thing for us.”
The renaissance of dance is also being propelled by discovering unique locations for shows.
Khan As'ad Pasha, the most illustrious and prominent 18th-century caravanserai in the Old City of Damascus, near al-Buzuriyah Souq, was transformed into a techno party where lasers, lights and music merged old and new together.
“I saw people yesterday dance like crazy and smiles everywhere,” says Italian DJ Undercat (Elia Crecchi), who played in Syria in 2021. "It was magic. It’s rare to see this energy.”
Ilona Lica also posted about her gig on Instagram. “It truly feels special to be here.”
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UAE currency: the story behind the money in your pockets
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UAE currency: the story behind the money in your pockets
Barings Bank
Barings, one of Britain’s oldest investment banks, was
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scandal.
Barings Bank collapsed in February 1995 following colossal
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Leeson gambled more than $1 billion in speculative trades,
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Winners
Best Men's Player of the Year: Kylian Mbappe (PSG)
Maradona Award for Best Goal Scorer of the Year: Robert Lewandowski (Bayern Munich)
TikTok Fans’ Player of the Year: Robert Lewandowski
Top Goal Scorer of All Time: Cristiano Ronaldo (Manchester United)
Best Women's Player of the Year: Alexia Putellas (Barcelona)
Best Men's Club of the Year: Chelsea
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Best Defender of the Year: Leonardo Bonucci (Juventus/Italy)
Best Goalkeeper of the Year: Gianluigi Donnarumma (PSG/Italy)
Best Coach of the Year: Roberto Mancini (Italy)
Best National Team of the Year: Italy
Best Agent of the Year: Federico Pastorello
Best Sporting Director of the Year: Txiki Begiristain (Manchester City)
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UAE currency: the story behind the money in your pockets
What are NFTs?
Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.
You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”
However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.
This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”
This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.
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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.”
Key findings of Jenkins report
- Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
- Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
- Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
- Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."