Your daily guide to community and cultural activities across the Emirates for February 25, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Ellen Fortini rounds up 10 things to do today in the UAE.
Abu Dhabi
Concert
Emirati pianist Eman Al Hashimi (pictured), French pianists Angelina Natal and Natalia Stetsenko, and French violinist Clara Saïtkoulov will perform in a free classical music concert presented by Alliance Française Abu Dhabi, featuring works by Bach, Mozart and Schumann,as well as an original composition by Al Hashimi.
Today, 6pm, free, Le Royal Méridien, Abu Dhabi, www.afabudhabi.org
Abu Dhabi
Performance
Attend I Am My Language, a theatrical show as part of an Emirati-French cultural programme with theatre training called Trance-Forms. UAE-based actors and comedians from various backgrounds and countries present a performance that encapsulates the evolution of Abu Dhabi as a city and the UAE as a country, exploring the concepts of youth, memory and love through an assembly of dances, music, poems, stories and recitals of Arabic and French literature.
Daily until Tuesday, 8pm, from Dh150, Manarat Al Saadiyat, Saadiyat Island, Abu Dhabi, www.800tickets.com
Abu Dhabi
Photography exhibition
Catch the final day of Grace: A Retrospective of Dance Portraiture and Performance 1986-2004. Joanne Savio, an arts professor at NYU Abu Dhabi, presents an exhibition of works taken over a 20-year period. Pictured: Dancer and choreographer Susan Marshall
Ends today, 3-10pm, Project Space, NYU Abu Dhabi Art Gallery, Saadiyat Island, Abu Dhabi, 02 628 8000, www.nyuad-artgallery.org
Nationwide
New movie
Manchester by the Sea stars Casey Affleck as Lee Chandler, who becomes the guardian to his teenage nephew Patrick (Lucas Hedges) after the boy's father, Lee's brother, dies. Returning to his hometown of Manchester-by-the-Sea, Massachusetts, brings back memories for Lee, including what led him to leave for Boston. The film is nominated for six Academy Awards, including Best Picture, Best Director for Kenneth Lonergan and Best Actor for Affleck. Drama, also starring Michelle Williams, Kyle Chandler and Gretchen Mol.
Screening at cinemas across the UAE. (18+)
Dubai
Theatre performances
Attend the semi-finals of the Short+Sweet Theatre Festival, with the Wildcard Final at 3pm and the People’s Choice Final at 8pm. The 10-minute plays are presented by top local independent theatre companies. Winners will go on to the Gala Final on March 10.
Today, 3pm to 5pm and 8pm to 10pm, from Dh100, The Junction, Al Quoz, Dubai, www.tixbox.com
Dubai
Kids’ fun
Visit Global Village for the final weekend of the Kids’ Fest festival with a programme of activities, games and entertainment, featuring costumed characters from Angry Birds and Chhota Bheem, face-painting, balloon modellers, shows from Shaabiyat Al Cartoon and Globo and the dance show City Jam, plus much more.
Ends today, 4pm to midnight, Global Village, Exit 37, Sheikh Mohammed bin Zayed Road, Dubai, www.globalvillage.ae
Dubai
Comedy show
Back to the Improv Comedy Night by Dubomedy’s Improv Revolution Troupe features high-energy, on-the-spot comedy with long and short-form games with audience participation including performers Omar Ismail, Alex Liccione, Simeon Goodson and director Mina Liccione.
Tonight, 7pm, free with registration, Centre for Musical Arts, Sheikh Zayed Road, Dubai, register at rsvp@dubomedy.com
Dubai
Food trucks
Visit the #TruckersDXB event at Emirates Golf Club for a relaxed outdoor dining experience featuring some of the top home-grown food trucks. Al Ghandi Auto presents their #ChevynChill area with comfortable seating and free Wi-Fi. Truckers Market features local craft vendors, and there will be kids’ activities and live music.
Today, 5pm to 11pm, free entry, Emirates Golf Club, Dubai, www.facebook.com/truckersdxb
Dubai
Craft market
Visit the Marina Souq and shop for trendy and exclusive items from local designers including fashion, accessories, home decor and delicacies. Baker & Spice pop-up restaurant will be on hand and there will be activities for children including colouring and a petting zoo.
Today, 10am-4pm, fishing harbour, Umm Suqeim 1, Dubai, www.facebook.com/marinasouq
Dubai
Concert
Guns N' Roses return to the UAE, this time with original members Axl Rose, Slash and Duff McKagan as part of their Not In This Lifetime … world tour. Hit songs include Welcome to the Jungle, Sweet Child O' Mine and Paradise City. Dubai rockers Point of View will open the show.
March 3, from Dh400, Autism Rocks Arena, Dubai Outlet Mall, Dubai, www.platinumlist.net
FIXTURES
Saturday
5.30pm: Shabab Al Ahli v Al Wahda
5.30pm: Khorfakkan v Baniyas
8.15pm: Hatta v Ajman
8.15pm: Sharjah v Al Ain
Sunday
5.30pm: Kalba v Al Jazira
5.30pm: Fujairah v Al Dhafra
8.15pm: Al Nasr v Al Wasl
Dirham Stretcher tips for having a baby in the UAE
Selma Abdelhamid, the group's moderator, offers her guide to guide the cost of having a young family:
• Buy second hand stuff
They grow so fast. Don't get a second hand car seat though, unless you 100 per cent know it's not expired and hasn't been in an accident.
• Get a health card and vaccinate your child for free at government health centres
Ms Ma says she discovered this after spending thousands on vaccinations at private clinics.
• Join mum and baby coffee mornings provided by clinics, babysitting companies or nurseries.
Before joining baby classes ask for a free trial session. This way you will know if it's for you or not. You'll be surprised how great some classes are and how bad others are.
• Once baby is ready for solids, cook at home
Take the food with you in reusable pouches or jars. You'll save a fortune and you'll know exactly what you're feeding your child.
SPECS
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The biog
Name: Fareed Lafta
Age: 40
From: Baghdad, Iraq
Mission: Promote world peace
Favourite poet: Al Mutanabbi
Role models: His parents
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.”
Dr Afridi's warning signs of digital addiction
Spending an excessive amount of time on the phone.
Neglecting personal, social, or academic responsibilities.
Losing interest in other activities or hobbies that were once enjoyed.
Having withdrawal symptoms like feeling anxious, restless, or upset when the technology is not available.
Experiencing sleep disturbances or changes in sleep patterns.
What are the guidelines?
Under 18 months: Avoid screen time altogether, except for video chatting with family.
Aged 18-24 months: If screens are introduced, it should be high-quality content watched with a caregiver to help the child understand what they are seeing.
Aged 2-5 years: Limit to one-hour per day of high-quality programming, with co-viewing whenever possible.
Aged 6-12 years: Set consistent limits on screen time to ensure it does not interfere with sleep, physical activity, or social interactions.
Teenagers: Encourage a balanced approach – screens should not replace sleep, exercise, or face-to-face socialisation.
Source: American Paediatric Association
A State of Passion
Directors: Carol Mansour and Muna Khalidi
Stars: Dr Ghassan Abu-Sittah
Rating: 4/5
COMPANY%20PROFILE
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Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
Round 3: February 7-9, Dubai Autodrome – Dubai
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
Business Insights
- Canada and Mexico are significant energy suppliers to the US, providing the majority of oil and natural gas imports
- The introduction of tariffs could hinder the US's clean energy initiatives by raising input costs for materials like nickel
- US domestic suppliers might benefit from higher prices, but overall oil consumption is expected to decrease due to elevated costs
THE BIO
Favourite car: Koenigsegg Agera RS or Renault Trezor concept car.
Favourite book: I Am Pilgrim by Terry Hayes or Red Notice by Bill Browder.
Biggest inspiration: My husband Nik. He really got me through a lot with his positivity.
Favourite holiday destination: Being at home in Australia, as I travel all over the world for work. It’s great to just hang out with my husband and family.
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