The Swiss-born chef Nelly Grossi, 21, in the kitchen of Spaccanapoli at the Crowne Plaza Abu Dhabi. Silvia Razgova / The National
The Swiss-born chef Nelly Grossi, 21, in the kitchen of Spaccanapoli at the Crowne Plaza Abu Dhabi. Silvia Razgova / The National

Abu Dhabi chef takes part in Beijing culinary event



In a bid to showcase rising female culinary stars, the Crowne Plaza Beijing Sun Palace is hosting a gastronomic event featuring 11 of the top women chefs around the world – and it’s all in the name of charity.

Included in the elite list of chefs is Abu Dhabi’s Nelly Grossi, from the Italian restaurant Spaccanapoli in the Crowne Plaza hotel.

The event, held from June 23 to 28, will feature cooking classes, degustation dinners, a gala dinner and a charity reception, with all proceeds going to help build new schools and help young school dropouts in poor areas throughout China.

Others invited to the event are the Michelin-starred chefs Sofie Dumont from Belgium, Francesca Simoni from Italy and Cher D Harris, an American chef who was crowned Pastry Queen 2014 at the Ladies’ World Pastry Championship.

Grossi says she was surprised to receive the invitation. “I’m shocked,” she says. “How do they know me? I’m surprised to be with these big names.”

But Grossi has earned her place among those names. For 18 months, she’s been quietly making a name for herself inside Spaccanapoli’s kitchen. She was recently promoted to chef de partite – at only 21 years of age. She has earned respect and praise from her colleagues and the Crowne Plaza’s general manager, Ivor Prestwood.

“It is a unique opportunity for Nelly to demonstrate her skills and passion next to very experienced and internationally renowned lady chefs,” says Prestwood.

Mina Bi, the marketing communications manager at the Crowne Plaza Beijing Sun Palace, says Grossi was chosen to attend the event for good reason. “Chef Grossi is very young, but already making her mark compared to lots of other chefs who took years to make their path.”

Bi says the event is the perfect platform to celebrate notable female chefs: “Every one of them is a shining star and demonstrates female power in the kitchen, which people always assume is a male-dominated industry.”

Grossi will be preparing dishes throughout the event for VIPs in China. The main course she’ll prepare will be her own creation: veal tenderloin served with foie gras scallops and truffle sauce.

“I’m nervous. It’s the first time I’m invited to an event like this,” she says. “People here are very proud. I’m proud.”

sjohnson@thenational.ae

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How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

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.”

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.
A timeline of the Historical Dictionary of the Arabic Language
  • 2018: Formal work begins
  • November 2021: First 17 volumes launched 
  • November 2022: Additional 19 volumes released
  • October 2023: Another 31 volumes released
  • November 2024: All 127 volumes completed