Follow the latest news from the coronation of King Charles here
The Prince and Princess of Wales were met by cheering crowds on a walkabout in central London on Thursday following a trip on public transport.
Prince William and his wife Kate took the Elizabeth Line -which opened last yea and is named after his late grandmother Queen Elizabeth - to visit a business in Soho to see how it was preparing for the coronation of King Charles III and Queen Consort Camilla.
The royal couple spoke to representatives from the hospitality industry in the area about their preparations for Saturday, as well as the crowds waiting outside, who cheered after catching a glimpse of Prince William and Kate through the window. The pair then took selfies with the cheering crowds.
The couple boarded the Tube at Acton Main Line in west London and chatted to Transport for London workers about their plans for the busy bank holiday weekend, when tens of thousands of people are expected in the capital.
At one point the princess of Wales, who was wearing a pillarbox red coat, was asked about the coronation on Saturday and replied: "Yes, it's going to be a busy time. We're getting there. I still feel like we're trying to get ducks in a row."
The royal couple travelled three stops and got off at Tottenham Court Road.
Kate was spotted using an Oyster card as she left the station and the couple walked the short distance to the Dog and Duck pub in Soho, one of the many businesses hoping for a bumper weekend thanks to the coronation.
The couple, with their children, attended a coronation rehearsal at Westminster Abbey on Wednesday with the king and queen consort.
The royal family was greeted by the Dean of Westminster and shown inside the gothic church, where King Charles and Queen Consort Camilla will be anointed and crowned on Saturday in front of 2,300 guests and a global audience of millions.
Prince George, 9, and second in line to the throne, has the duty of being one of his grandfather's pages of honour and is expected to be tasked with holding the train of his grandfather's regal robes.
Prince William will kneel before his father and vow to be his "liege man of life and limb" in the only homage of royal blood of the ceremony.
He will also help clothe the king in his golden robe royal, also known as the mantle, before the crowning.
Prince Louis, 5, was spotted next to William in the back of a car as they left the rehearsal.
Also there were the queen consort's grandsons, who will act as her pages of honour.
The Dean of Westminster said rehearsals for the big day went well and the king was not at all anxious about the ceremony.
The Very Reverend Dr David Hoyle told Sky News: “The King was relaxed and very gracious.
"He took time to thank all the people around him who are making this happen.
“So whilst he has a huge burden on him, there’s a lot for him to do, he doesn’t give the sense of being a man who’s really anxious about this, not at all.”
The dean, who will take part in the ceremony conducted by the Archbishop Canterbury, said: “I’m the Dean of Westminster. I’m used to ceremony on a national level. Even I think this is pretty jaw-dropping.”
He described the ceremonial dress and Crown Jewels being used as “extraordinary” and the music as “spine-tingling”.
The dean, who will have to handle the crown, said he has been practising its movements to ensure it is put on the King’s head the correct way.“Our secret is not to tie bits of thread to it because someone removes them,” he added.
The king's sister, the Princess Royal, also attended after visiting soldiers from The Household Division at Wellington Barracks in the morning as they prepared for their roles in the military processions.
With last-minute preparations ramping up, early morning rehearsals were staged in the capital earlier in the week, revealing the first glimpses of the grandeur of the coronation processions.
Hundreds of soldiers, many on horseback, marched from Buckingham Palace past Trafalgar Square and Downing Street to Westminster Abbey shortly after midnight on Wednesday.
The diamond jubilee state coach and gold state coach travelled down The Mall as part of the dry run for the full event.
Royal fans waited for more than three hours for the parade to make a return trip.
Crowds ran through St James's Park to find the best spots near the palace, with many trying to spot relatives in their military outfits.
The UK prepares for the coronation of King Charles III - in pictures
RESULT
Esperance de Tunis 1 Guadalajara 1
(Esperance won 6-5 on penalties)
Esperance: Belaili 38’
Guadalajara: Sandoval 5’
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.”
Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5
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Company%20Profile
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COMPANY PROFILE
Founders: Sebastian Stefan, Sebastian Morar and Claudia Pacurar
Based: Dubai, UAE
Founded: 2014
Number of employees: 36
Sector: Logistics
Raised: $2.5 million
Investors: DP World, Prime Venture Partners and family offices in Saudi Arabia and the UAE
MATCH INFO
Jersey 147 (20 overs)
UAE 112 (19.2 overs)
Jersey win by 35 runs
The view from The National
The White Lotus: Season three
Creator: Mike White
Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell
Rating: 4.5/5
Keep it fun and engaging
Stuart Ritchie, director of wealth advice at AES International, says children cannot learn something overnight, so it helps to have a fun routine that keeps them engaged and interested.
“I explain to my daughter that the money I draw from an ATM or the money on my bank card doesn’t just magically appear – it’s money I have earned from my job. I show her how this works by giving her little chores around the house so she can earn pocket money,” says Mr Ritchie.
His daughter is allowed to spend half of her pocket money, while the other half goes into a bank account. When this money hits a certain milestone, Mr Ritchie rewards his daughter with a small lump sum.
He also recommends books that teach the importance of money management for children, such as The Squirrel Manifesto by Ric Edelman and Jean Edelman.
Pathaan
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GRAN%20TURISMO
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Killing of Qassem Suleimani
Dubai Bling season three
Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed
Rating: 1/5
The Specs:
The Specs:
Engine: 2.9-litre, V6 twin-turbo
Transmission: 8-speed automatic
Power: 444bhp
Torque: 600Nm
Price: AED 356,580 incl VAT
On sale: now.
Five films to watch
Castle in the Sky (1986)
Grave of the Fireflies (1988)
Only Yesterday (1991)
Pom Poki (1994)
The Tale of Princess Kaguya (2013)