Christiana Maxion, 33, is known as The Dubai Matchmaker, helping successful UAE men and women meet an ideal partner via matchmaking and customised dating coach programmes.
Formerly in finance and a published children’s author, New Yorker Ms Maxion moved to Abu Dhabi in 2016 to teach before switching to Dubai to become a certified dating coach and professional matchmaker.
Ms Maxion lives with her dog Toby — star of her book Toby & The Falcon — in Downtown Dubai, where the singleton says: “I’m dating my business, right now.”
Where did money feature in your childhood?
I grew up in one of the most affluent suburbs in the US. We belonged to country clubs and private members’ clubs. My father played professional baseball for the (New York) Mets and the (Chicago) White Sox, but then kept getting injured, so decided to go into the family business.
We have more than 150 parking garages across New York City, something my uncle now runs.
My parents were also franchisees of pizza restaurants.
They had this entrepreneurial spirit and business-owner mentality, never wanted to rely on the family business. I was attracted to that.
Did you have jobs growing up?
I was a springboard diver. My parents said that was my "job"… to get a scholarship into university, which I did and travelled the world diving.
They said a job would distract me from athletics, so they would give me money whenever I needed it, but would always ask what it was for. They always provided and gave an allowance at university.
My first paid job, when I was probably 19, [enabled me] to start learning about saving money, spending money. I coached diving, for about $15 (Dh55) an hour.
How did the UAE dating business happen?
During the pandemic, everyone was using dating apps, doing Zoom dating, and I found it ridiculous. I decided to document my experience with dating and gained some popularity because people were drawn to my empowered dating standpoint of putting yourself first, being the chooser.
People started asking dating relationship questions. I decided to invest in education programmes and mentoring certifications to make sure I’m delivering the best advice.
I became a certified dating coach and a professional matchmaker in September 2021. I consulted a legal team and they told me that as long as you’re doing matchmaking for long-term commitment, you’re fine. I made it public on September 30 and it really boomed in December and January.
With dating coaching, the price point starts at Dh6,000 and with matchmaking, there are different packages that start at Dh12,000.
Who are your clients?
I mainly matchmake men ready for long-term commitment. I’ve vetted every person. Women in my database are also C-suite level executives, lawyers, entrepreneurs, models … who don’t waste their time on the apps.
With dating coaching, I love working with women and men who are divorced and maybe haven’t ever dated, let alone in the 2020s. Some people maybe don’t feel confident or don’t put themselves on a pedestal, might have low self-esteem.
I want to help build them up. You’re the chief executive of your own life.
Is there demand for matchmaking?
Dubai used to be a really transient city, but with the visa changes and the excellent way the UAE handled the pandemic, people are viewing it as more of a permanent place. And that translates into people thinking about Dubai for creating more permanent relationships.
I truly believe there’s so many quality people here in Dubai, they’re just missing one another — and I want to be the bridge that connects them.
How did you fund your business?
It might sound controversial, but the programmes that I invested in — mentoring, education, certifications — I put almost all of it on credit cards.
You need money and it makes the world go round. You also need to treat it well and then it comes back in bundles
Christiana Maxion,
the Dubai Matchmaker
My parents did not invest in my business and I barely had any savings. But you need those certifications to gain some clout or respect in the area to say: “I have this kind of knowledge, this expertise.”
I am very happy and proud to say that I’ve paid down 95 per cent of it in a short time. Business is doing so well and it’s about to skyrocket.
Have your spending habits evolved?
I used to spend every single penny I made and more … clothes, going out with friends, all that fun stuff.
I didn’t start having a good relationship with money until I saw a rapid transformational therapist. Now, I send clients to her when I’m matchmaking somebody who needs help rewiring their brain about confidence.
I started saving more, spending in the right places. For the first time I created a detailed budget, an Excel spreadsheet I still use.
It was such a good time to change my relationship with money because I’m solely reliant on myself.
Are you managing to save?
As I make the money I need for necessities, everything else goes into savings because this is my first year in business and I don’t know what the months are going to look like.
Myself, my education, my certificate and mentoring programmes … that has been the best investment. I spent more than Dh75,000, but in Q1, I hit six figures.
It really paid off. Diving in headfirst is my most precious investment.
How do you feel about money?
I love, love, and I love money. I mean, how else are you going to live this life? You need it and it makes the world go round. It’s an energy. You also need to treat it well and then it comes back in bundles.
Right now, a lot of my money goes back into the business … PR, investing in new database programmes.
Growing up, my mother used to say to save for a rainy day. I flipped that and now I say I save for a joyous occasion.
Any finance advice for your younger self?
To cut up your credit card or pay it off every month, instead of carrying more debt. The money I’ve wasted on interest … I would spend, spend, spend, and not think about it.
I was frivolous buying the latest clothes and shoes. In New York, I would take myself to the top restaurants and the spa.
But life is a journey and I wouldn’t be who I was today and maybe appreciate things more without that before.
What luxuries are still important to you?
A wardrobe upgrade, I love massages, getting my nails done and I have a trip planned.
When I think about luxury, I think about investing in myself; I am my own business, my own personal brand.
So I have to invest in how I present myself; I think about that as an investment in my business.
What are your future financial goals?
I want to buy a place on West Palm Beach in Palm Jumeirah, or a town house on Old Town Island, Downtown Dubai.
I have a retirement account in the US I put money in years ago that has grown.
Right now, I’m the Dubai Matchmaker, but I want to expand across the UAE and then be the premier matchmaker across the GCC.
What are the influencer academy modules?
- Mastery of audio-visual content creation.
- Cinematography, shots and movement.
- All aspects of post-production.
- Emerging technologies and VFX with AI and CGI.
- Understanding of marketing objectives and audience engagement.
- Tourism industry knowledge.
- Professional ethics.
Indika
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The seven points are:
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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.”
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The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
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Trump has so far secured 295 Electoral College votes, according to the Associated Press, exceeding the 270 needed to win. Only Nevada and Arizona remain to be called, and both swing states are leaning Republican. Trump swept all five remaining swing states, North Carolina, Georgia, Pennsylvania, Michigan and Wisconsin, sealing his path to victory and giving him a strong mandate.
Popular Vote Tally
The count is ongoing, but Trump currently leads with nearly 51 per cent of the popular vote to Harris’s 47.6 per cent. Trump has over 72.2 million votes, while Harris trails with approximately 67.4 million.
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