'No Time to Die' poster at a cinema in New Delhi, India. AFP
'No Time to Die' poster at a cinema in New Delhi, India. AFP
'No Time to Die' poster at a cinema in New Delhi, India. AFP
'No Time to Die' poster at a cinema in New Delhi, India. AFP

James Bond film 'No Time to Die' sets pandemic box office record


Simon Rushton
  • English
  • Arabic

The Covid-delayed No Time To Die has delivered a post-pandemic assault on box office records with $100 million-plus in receipts.

With $119 million from 54 markets, according to box office reports the new James Bond film is the first $100m opening for a US film without the inclusion of Chinese market sales since the outbreak of Covid-19.

That was on the back of a record setting $34.8m for the opening weekend in the UK and Ireland for the British spy hero.

For the UK and Ireland, it is the highest-grossing film of 2021 so far and since the pandemic began, after being in cinemas for only four days.

Screenings in Universal markets accounted for $92.4m of the take and $26.7m for MGM. Another for $6.8m was from IMAX screenings. No Time To Die, playing in 772 cinemas, dominated the UK and Ireland box office with 94 per cent of the total takings.

The successful opening weekend vindicates the producers’ decision to repeatedly delay its release until box office conditions were more favourable than at the height of the Covid lockdowns that forced cinemas across the globe to close.

The cinema is still not back to normal but the Bond figures offer some good news.

Internationally, Bond films have less pull than other global franchises such as Star Wars but its performance is still a key indicator for industry experts.

The film cost about $250 million to produce.

Last Tuesday, London rolled out the red carpet for the film’s premiere, attended by Oscar winners and British royalty. It was the city’s biggest red carpet event since the start of the pandemic.

See photos from the premiere:

  • Lashana Lynch, Daniel Craig and Lea Seydoux attend the world premiere of ‘No Time to Die’ at the Royal Albert Hall, London, on September 28, 2021. Photo: Getty
    Lashana Lynch, Daniel Craig and Lea Seydoux attend the world premiere of ‘No Time to Die’ at the Royal Albert Hall, London, on September 28, 2021. Photo: Getty
  • Actor Rami Malek arrives at the Royal Albert Hall, London. Photo: Getty
    Actor Rami Malek arrives at the Royal Albert Hall, London. Photo: Getty
  • A military band plays at the Royal Albert Hall, London, before the start of the star-studded but much-delayed world premiere of ‘No Time to Die’. Photo: AFP
    A military band plays at the Royal Albert Hall, London, before the start of the star-studded but much-delayed world premiere of ‘No Time to Die’. Photo: AFP
  • English singer-songwriter Jay Kay attends the world premiere.
    English singer-songwriter Jay Kay attends the world premiere.
  • Lashana Lynch, who co-stars in ‘No Time to Die’, attends the world premiere at the Royal Albert Hall, London.
    Lashana Lynch, who co-stars in ‘No Time to Die’, attends the world premiere at the Royal Albert Hall, London.
  • Lead actor Daniel Craig gives the trademark James Bond stare on arriving at the world premiere of ‘No Time to Die’. Photo: Getty
    Lead actor Daniel Craig gives the trademark James Bond stare on arriving at the world premiere of ‘No Time to Die’. Photo: Getty
  • The opening performance at the world premiere of ‘No Time to Die’ is performed by The Royal Marines Band at the Royal Albert Hall, London. Photo: Getty
    The opening performance at the world premiere of ‘No Time to Die’ is performed by The Royal Marines Band at the Royal Albert Hall, London. Photo: Getty
  • Aquaman actor and producer Jason Momoa attends the premiere. Photo: Getty
    Aquaman actor and producer Jason Momoa attends the premiere. Photo: Getty
  • 'No Time to Die' is believed to be Daniel Craig's final Bond movie. Photo: EPA
    'No Time to Die' is believed to be Daniel Craig's final Bond movie. Photo: EPA
  • Cuban-Spanish actress Ana de Armas attends the world premiere. Photo: Getty
    Cuban-Spanish actress Ana de Armas attends the world premiere. Photo: Getty
  • American singer-songwriters Finneas O'Connell, left, and Billie Eilish pose for photographers upon arrival for the world premiere. Photo: AP
    American singer-songwriters Finneas O'Connell, left, and Billie Eilish pose for photographers upon arrival for the world premiere. Photo: AP
  • Naomie Harris attends the premiere. Photo: Getty
    Naomie Harris attends the premiere. Photo: Getty
  • The Royal Marines Band perform at the world premiere of ‘No Time to Die’, held at the Royal Albert Hall in London.
    The Royal Marines Band perform at the world premiere of ‘No Time to Die’, held at the Royal Albert Hall in London.
  • English actor Daniel Craig walks on the red carpet after arriving at the star-studded but much-delayed world premiere of the latest James Bond film. Photo: AFP
    English actor Daniel Craig walks on the red carpet after arriving at the star-studded but much-delayed world premiere of the latest James Bond film. Photo: AFP
  • Lea Seydoux attends the world premier event in London. Photo: Getty
    Lea Seydoux attends the world premier event in London. Photo: Getty
  • Star Daniel Craig poses during the premiere. 'No Time to Die' will be his fifth James Bond film since starting with 'Casino Royale'. Photo: Reuters
    Star Daniel Craig poses during the premiere. 'No Time to Die' will be his fifth James Bond film since starting with 'Casino Royale'. Photo: Reuters
  • British actress and TV writer Phoebe Waller-Bridge attends the world premiere of ‘No Time to Die’, held at the Royal Albert Hall in London.
    British actress and TV writer Phoebe Waller-Bridge attends the world premiere of ‘No Time to Die’, held at the Royal Albert Hall in London.
  • Dame Judi Dench attends the premiere. Photo: Getty
    Dame Judi Dench attends the premiere. Photo: Getty
  • US-British film producers Barbara Broccoli and Michael G Wilson pose on the red carpet. Broccoli is the daughter of ‘James Bond’ producer Albert Broccoli. Photo: AFP
    US-British film producers Barbara Broccoli and Michael G Wilson pose on the red carpet. Broccoli is the daughter of ‘James Bond’ producer Albert Broccoli. Photo: AFP
  • Kate, the Duchess of Cambridge, poses for photographers upon arrival at the world premiere of ‘No Time to Die’ at the Royal Albert Hall, London, on September 28, 2021. Photo: AP
    Kate, the Duchess of Cambridge, poses for photographers upon arrival at the world premiere of ‘No Time to Die’ at the Royal Albert Hall, London, on September 28, 2021. Photo: AP
  • Barbara Broccoli; the Duke and Duchess of Cambridge; Prince Charles, Prince of Wales; Camilla, Duchess of Cornwall and Michael G Wilson attend the premiere. Photo: Getty
    Barbara Broccoli; the Duke and Duchess of Cambridge; Prince Charles, Prince of Wales; Camilla, Duchess of Cornwall and Michael G Wilson attend the premiere. Photo: Getty
  • The Duke and Duchess of Cambridge are greeted by Michael G Wilson at the event. Photo: Getty
    The Duke and Duchess of Cambridge are greeted by Michael G Wilson at the event. Photo: Getty
  • Charles, Price of Wales, and his wife Camilla, the Duchess of Cornwall, walk on the red carpet, followed by producer Barbara Broccoli, Prince William and his wife Kate, the Duchess of Cambridge. Photo: AP
    Charles, Price of Wales, and his wife Camilla, the Duchess of Cornwall, walk on the red carpet, followed by producer Barbara Broccoli, Prince William and his wife Kate, the Duchess of Cambridge. Photo: AP
  • The Duke and Duchess of Cambridge, Camilla, Duchess of Cornwall, and her husband Charles, Prince of Wales attend the premiere. Photo: Getty
    The Duke and Duchess of Cambridge, Camilla, Duchess of Cornwall, and her husband Charles, Prince of Wales attend the premiere. Photo: Getty
RESULT

Liverpool 4 Southampton 0
Jota (2', 32')
Thiago (37')
Van Dijk (52')

Man of the match: Diogo Jota (Liverpool)

Dunbar
Edward St Aubyn
Hogarth

MATCH INFO

Euro 2020 qualifier

Ukraine 2 (Yaremchuk 06', Yarmolenko 27')

Portugal 1 (Ronaldo 72' pen)

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
South Africa squad

Faf du Plessis (captain), Hashim Amla, Temba Bavuma, Quinton de Kock (wicketkeeper), Theunis de Bruyn, AB de Villiers, Dean Elgar, Heinrich Klaasen (wicketkeeper), Keshav Maharaj, Aiden Markram, Morne Morkel, Wiaan Mulder, Lungi Ngidi, Vernon Philander and Kagiso Rabada.

RACE CARD

5pm: Maiden (PA) Dh80,000 1,400m
5.30pm: Maiden (PA) Dh80,000 1,200m
6pm: Arabian Triple Crown Round-1 (PA) Listed Dh230,000 1,600m
6.30pm: HH The President’s Cup (PA) Group 1 Dh2.5million 2,200m
7pm: HH The President’s Cup (TB) Listed Dh380,000 1,400m
7.30pm: Wathba Stallions Cup (PA) Handicap Dh70,000 1,200m.

If you go

The flights 

Emirates flies from Dubai to Funchal via Lisbon, with a connecting flight with Air Portugal. Economy class returns cost from Dh3,845 return including taxes.

The trip

The WalkMe app can be downloaded from the usual sources. If you don’t fancy doing the trip yourself, then Explore  offers an eight-day levada trails tour from Dh3,050, not including flights.

The hotel

There isn’t another hotel anywhere in Madeira that matches the history and luxury of the Belmond Reid's Palace in Funchal. Doubles from Dh1,400 per night including taxes.

 

 

Dust and sand storms compared

Sand storm

  • Particle size: Larger, heavier sand grains
  • Visibility: Often dramatic with thick "walls" of sand
  • Duration: Short-lived, typically localised
  • Travel distance: Limited 
  • Source: Open desert areas with strong winds

Dust storm

  • Particle size: Much finer, lightweight particles
  • Visibility: Hazy skies but less intense
  • Duration: Can linger for days
  • Travel distance: Long-range, up to thousands of kilometres
  • Source: Can be carried from distant regions
RESULT

Fifth ODI, at Headingley

England 351/9
Pakistan 297
England win by 54 runs (win series 4-0)

COMPANY PROFILE

Name: Cofe

Year started: 2018

Based: UAE

Employees: 80-100

Amount raised: $13m

Investors: KISP ventures, Cedar Mundi, Towell Holding International, Takamul Capital, Dividend Gate Capital, Nizar AlNusif Sons Holding, Arab Investment Company and Al Imtiaz Investment Group 

SQUADS

South Africa:
JP Duminy (capt), Hashim Amla, Farhaan Behardien, Quinton de Kock (wkt), AB de Villiers, Robbie Frylinck, Beuran Hendricks, David Miller, Mangaliso Mosehle (wkt), Dane Paterson, Aaron Phangiso, Andile Phehlukwayo, Dwaine Pretorius, Tabraiz Shamsi

Bangladesh
Shakib Al Hasan (capt), Imrul Kayes, Liton Das (wkt), Mahmudullah, Mehidy Hasan, Mohammad Saifuddin, Mominul Haque, Mushfiqur Rahim (wkt), Nasir Hossain, Rubel Hossain, Sabbir Rahman, Shafiul Islam, Soumya Sarkar, Taskin Ahmed

Fixtures
Oct 26: Bloemfontein
Oct 29: Potchefstroom

Company profile

Name: Dukkantek 

Started: January 2021 

Founders: Sanad Yaghi, Ali Al Sayegh and Shadi Joulani 

Based: UAE 

Number of employees: 140 

Sector: B2B Vertical SaaS(software as a service) 

Investment: $5.2 million 

Funding stage: Seed round 

Investors: Global Founders Capital, Colle Capital Partners, Wamda Capital, Plug and Play, Comma Capital, Nowais Capital, Annex Investments and AMK Investment Office  

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Joe Root's Test record

Tests: 53; Innings: 98; Not outs: 11; Runs: 4,594; Best score: 254; Average: 52.80; 100s: 11; 50s: 27

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.”

Updated: October 04, 2021, 1:55 PM