Spare a thought for the poor old labradoodle. For a month or two, it came so close to becoming first dog: beloved of President Obama's daughters, the most fashionable breed on the planet, canine royalty. Now the breed is reduced to Deputy Dawg. So very last year.
I declare an interest. The only dog in our family at present is a labradoodle called Mabel. My elder daughter bought her before the Obamas even whispered they were considering one.
Now the USA's first family have chosen a Portuguese water dog, which nobody ever heard of. But very soon there won't be a person left on the planet that doesn't know about it. Magazine editors will be brainstorming ideas for features spreads, comics will be preparing doggy witticisms, Paris Hilton will be wondering if she can fit one in her handbag and breeders will be swamped with requests from families desperate to keep up with the folks in Pennsylvania Avenue.
The Portie is a breed of spaniel that Portuguese fishermen managed to train to herd fish into nets. Great swimmers, they actually have webbed toes and were often used to deliver messages from trawler to trawler. They don't shed their hair too much, which will be a relief to the White House cleaners, and are much favoured by parents whose kids have allergies, like the president's elder daughter, Malia.
At the last count, there were more than 41 million results on Google if you keyed in the words "Obama dog", such has been the frenzy of interest. The Obamas suggested they might give a home to a rescue dog but expensive breeds like Porties or labradoodles don't often turn up at rescue centres.
So it was rather convenient that Senator Ted Kennedy, who has three Portuguese water dogs, made them a present of a puppy called Charlie that had been returned to its breeders because he didn't suit.
It being Washington, where conspiracies spread like viruses, some people are suggesting that Charlie, renamed Bo by the Obamas, was always intended for them but they had to make it look as if he was rescued. In the event, a hasty donation was sent off to the Washington Humane Society.
The conspiracy theory has also been fed by the fact that the litter of 10 puppies was born in October and named after the President's Hope and Change policies by the breeder, Arthur Stern, who owns the Amigo Kennels in Boyd, Texas. Bo's full title is Amigo's New Hope. His siblings have names like Amigo's Great Hope and Amigo's Change to Believe In.
It's hardly a consideration in this case but Portuguese water dogs make good watchdogs and apparently have a distinctive bark that is loud and multi-octave. And they may engage in "expressive panting" by making a "ha ha ha ha" sound as if laughing at a private joke. This pup will need a sense of humour having been named after a cat belonging to cousins and because Michelle Obama's father was nicknamed Diddley.
With his webbed feet, feline name and all the political baggage he already carries (never mind rejection by his first owners), the poor wee thing will need a shrink.
Meanwhile, our very own Mabel is recovering well from the snub to her breed. She says sniffily: "Just cause he's the president, everyone's too afraid to tell him he's bought a barking duck!"
When I first met the lads from Take That, they were just starting out in the early 1990s. They were a funny, lively, friendly and very polite group of kids who had obviously been well brought up by their mums, with whom they are all close. They leapt to their feet when I came in to their London hotel room, shook hands and introduced themselves. Robbie Williams was the cheeky charmer, quick-witted and silver-tongued, and I remember his sparkly eyes so full of life.
Next time we met, towards the end of the 1990s, he was kicking a football disconsolately around a field in Barbados with some young locals, having left the group to forge his solo career. The eyes were suspicious and defensive. I couldn't help thinking that the price of his immense success was the comradeship he had with Gary Barlow, Jason Orange, Mark Owen and Howard Donald.
He moved to the States, where he thought people weren't so interested in his every move, but in the last few years he has battled with self-esteem, depression and substance abuse, and had multiple stays in rehab clinics. He has also developed an obsessive interest in UFOs and the paranormal.
In December, he announced he was planning to relocate to the UK and rumours have abounded that he would rejoin Take That. He bought a £7 million (Dh38m) home in Wiltshire and has a new tattoo of the Take That logo on his right arm.
The Daily Mirror quoted him as saying the differences between him and other band members had "melted away" and that he was impressed at how much fun they were all having since their successful relaunch in 2006 with the strongest hint that he was ready to rejoin.
Not so, says Barlow, the group's prolific songwriter. "People constantly ask if Robbie will rejoin us but nothing has changed," he told Chris Moyles, the BBC Radio 1 presenter. "We're a happy band right now. Robbie won't be joining."
Williams hardly needs the money and the group's comeback has been a huge success, so why would Barlow want to divide the spoils between five rather than four?
Still only 35 years old, it's probably time Robbie grew up and realised the guys have moved on. Why I should feel sorry for a young man worth more than £90m (Dh491 trillion) I don't know, but I do. He seems like such a troubled soul.
The Queen of England's daughter possesses that very English upper crust parsimony in which handmade suits and expensive coats are remodelled and passed down through generations.
Princess Anne was a slender UK size 10 in her twenties and has kept her enviable figure. At 56, she still fits into the outfits she wore years ago and sees no reason to get rid of them.
She has always remained determinedly unfashionable and has had the same hairstyle for nearly 30 years. When she was younger she would have it blow dried occasionally but, with the impatience inherited from her notoriously acerbic father, she disdains such fripperies and most of the time does it herself.
Her choice of Easter bonnet was a classic example of her "make do and mend" philosophy. It was a combination of tatty old sun hat attached to a scarf with a little bunch of berries stuck on the back.
I know times are hard but going to church looking like an extra from the children's television show Bill and Ben the Flower Pot men was taking retro fashion a bit too far.
I'm ashamed to say I've watched the YouTube clip of the woman climbing into the polar bear enclosure in Germany and being mauled by one of the world's largest carnivores several times with horrified fascination. I feel ashamed because it's like rubbernecking at a car crash and because the woman must be seriously disturbed.
Yet you wonder what on earth she could have been thinking. The clip very quickly became one of the website's most watched.
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.”
Killing of Qassem Suleimani
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If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.
When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.
How to get there: Emirates currently flies from Dubai to Orlando five times a week.
Springsteen: Deliver Me from Nowhere
Director: Scott Cooper
Starring: Jeremy Allen White, Odessa Young, Jeremy Strong
Rating: 4/5
Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
Profile box
Company name: baraka
Started: July 2020
Founders: Feras Jalbout and Kunal Taneja
Based: Dubai and Bahrain
Sector: FinTech
Initial investment: $150,000
Current staff: 12
Stage: Pre-seed capital raising of $1 million
Investors: Class 5 Global, FJ Labs, IMO Ventures, The Community Fund, VentureSouq, Fox Ventures, Dr Abdulla Elyas (private investment)
The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet
What is Folia?
Prince Khaled bin Alwaleed bin Talal's new plant-based menu will launch at Four Seasons hotels in Dubai this November. A desire to cater to people looking for clean, healthy meals beyond green salad is what inspired Prince Khaled and American celebrity chef Matthew Kenney to create Folia. The word means "from the leaves" in Latin, and the exclusive menu offers fine plant-based cuisine across Four Seasons properties in Los Angeles, Bahrain and, soon, Dubai.
Kenney specialises in vegan cuisine and is the founder of Plant Food Wine and 20 other restaurants worldwide. "I’ve always appreciated Matthew’s work," says the Saudi royal. "He has a singular culinary talent and his approach to plant-based dining is prescient and unrivalled. I was a fan of his long before we established our professional relationship."
Folia first launched at The Four Seasons Hotel Los Angeles at Beverly Hills in July 2018. It is available at the poolside Cabana Restaurant and for in-room dining across the property, as well as in its private event space. The food is vibrant and colourful, full of fresh dishes such as the hearts of palm ceviche with California fruit, vegetables and edible flowers; green hearb tacos filled with roasted squash and king oyster barbacoa; and a savoury coconut cream pie with macadamia crust.
In March 2019, the Folia menu reached Gulf shores, as it was introduced at the Four Seasons Hotel Bahrain Bay, where it is served at the Bay View Lounge. Next, on Tuesday, November 1 – also known as World Vegan Day – it will come to the UAE, to the Four Seasons Resort Dubai at Jumeirah Beach and the Four Seasons DIFC, both properties Prince Khaled has spent "considerable time at and love".
There are also plans to take Folia to several more locations throughout the Middle East and Europe.
While health-conscious diners will be attracted to the concept, Prince Khaled is careful to stress Folia is "not meant for a specific subset of customers. It is meant for everyone who wants a culinary experience without the negative impact that eating out so often comes with."
UAE currency: the story behind the money in your pockets
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Match info:
Real Betis v Sevilla, 10.45pm (UAE)
MATCH INFO
Uefa Champions League semi-final, first leg
Barcelona v Liverpool, Wednesday, 11pm (UAE).
Second leg
Liverpool v Barcelona, Tuesday, May 7, 11pm
Games on BeIN Sports
The specs: 2019 Jeep Wrangler
Price, base: Dh132,000
Engine: 3.6-litre V6
Gearbox: Eight-speed automatic
Power: 285hp @ 6,400rpm
Torque: 347Nm @ 4,100rpm
Fuel economy, combined: 9.6L to 10.3L / 100km
UAE SQUAD
Mohammed Naveed (captain), Mohamed Usman (vice captain), Ashfaq Ahmed, Chirag Suri, Shaiman Anwar, Mohammed Boota, Ghulam Shabber, Imran Haider, Tahir Mughal, Amir Hayat, Zahoor Khan, Qadeer Ahmed, Fahad Nawaz, Abdul Shakoor, Sultan Ahmed, CP Rizwan
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COMPANY%20PROFILE
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COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Sav%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202021%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Purvi%20Munot%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20FinTech%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20%24750%2C000%20as%20of%20March%202023%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Angel%20investors%3C%2Fp%3E%0A
Europe wide
Some of French groups are threatening Friday to continue their journey to Brussels, the capital of Belgium and the European Union, and to meet up with drivers from other countries on Monday.
Belgian authorities joined French police in banning the threatened blockade. A similar lorry cavalcade was planned for Friday in Vienna but cancelled after authorities prohibited it.
the pledge
I pledge to uphold the duty of tolerance
I pledge to take a first stand against hate and injustice
I pledge to respect and accept people whose abilities, beliefs and culture are different from my own
I pledge to wish for others what I wish for myself
I pledge to live in harmony with my community
I pledge to always be open to dialogue and forgiveness
I pledge to do my part to create peace for all
I pledge to exercise benevolence and choose kindness in all my dealings with my community
I pledge to always stand up for these values: Zayed's values for tolerance and human fraternity
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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.
The specs
Engine: 6.2-litre V8
Transmission: ten-speed
Power: 420bhp
Torque: 624Nm
Price: Dh325,125
On sale: Now
