Michael Mauer, Porsche's head of design, recently went through great pains in a press briefing to explain how much the new 911 is different from the last generation: how almost every single panel is new, how the roof is lower and longer, how the headlights are farther apart from each other, how the wheelbase is longer than the last version … and yet, you would never know it if you saw it on the street. All that work for nothing?
The only way you could really tell the new 911 (with the company model designation of 991) from the previous generation (dubbed the 997) is by having the two models side by side for comparison. There is no confusing this new one with anything other than a Porsche 911, but that's not necessarily a bad thing. It's slightly curvier with a few more sharper lines than the old one, but it still retains the beautiful, swoopy shape of a 911. I do have sympathy for Mauer; being in charge of both changing and preserving a motoring icon must be a very tough balancing act.
But the changes to this latest edition of the legendary sports car (in production since 1963) are much more dramatic underneath that skin. As much as the car looks like the old one, driving it demonstrates that 911 fans have very much to look forward to.
To start with, the chassis and body are now both made of aluminium and hardened steel for lighter weight - 40kg lighter than the previous version. The wheelbase has been stretched by 100mm, while the track has been widened by 52mm. There are a multitude of technical additions, too, including active engine mounts, a revised PDK seven-speed gearbox and a "Sound Symposer" engine-noise enhancer. But the two most notable features are the Porsche Dynamic Chassis Control (PDCC, optional on the Carrera S) and Porsche Torque Vectoring (PTV, standard on the S). The former is an active anti-roll system that helps keep the car flat in the corners. More effective, in my opinion, is the Porsche Torque Vectoring system (PTV), which lightly brakes the inside rear wheel in a turn for sharper cornering.
And all of these changes aren't just to enhance performance; Porsche went out of its way to make this 911 16 per cent more fuel efficient than the last one. For the first time ever, the 911 features a start/stop function, which takes a bit of time to get used to. It does make a difference to fuel economy but it also, unnervingly, feels like the engine has stalled at a traffic signal. There is also an electromechanical steering system, direct fuel injection and other smaller features that contribute to its more frugal use of the world's oil reserves.
I had but two days to get acquainted with this new 911, starting with a drive on the streets. Let's be honest, no matter its sporting heritage, this is first and foremost a road car. My biggest disappointment was that none of the cars come with the crazy, seven-speed manual gearbox. Yes, Porsche is unlikely to sell many here, so the double-clutch Porsche Doppelkupplung (PDK) gearbox will do. And it does very nicely indeed. In automatic mode, shifts are seamless and smooth, and putting it in sport mode gives short shifting and tighter suspension. But even then, the car is comfortable and solid without being bone-jarringly hard. The steering is light and accurate, the seats are comfortable and the revised interior, with its raised centre console, has more luxury than before. The 911 is a car that can be driven and enjoyed for a daily commute like any other luxury sporting car on the market.
But take it to the track and things get a little more thrilling. This is where Porsche has earned its sporting reputation, and for good reason. On a tight, slower slalom course, the PTV has the 911 cornering beyond what you'd expect is possible with the laws of physics, while the PDCC keeps the car calm. Though, at these speeds, I found it is a little more exciting to turn the PDCC off, as the rear end could slide around a bit for some added fun.
But at higher speeds, these systems work together - along with a revised suspension system and stiff chassis - for handling that is both world-class yet natural; you don't feel all those electronic systems working, but they do. The shifts are harsher and very, very quick, while the car stays relatively flat in quick, successive turns, such as the corkscrew at Yas Marina Circuit. And despite the electric steering, road feel is still there for a driver to know the limits. Only at those limits will you be reminded that this is still a rear-engine, rear-weight-bias car, and luckily the stability control system, which gives a bit of leeway in the sport plus mode, will reel the rear end in during those moments of puckering oversteer.
It's been about a year since I last drove the 997, so I can't compare the two exactly. But Porsche says the regular 991 Carrera S on street tyres will beat the time of the race-inspired 997 GT3 around the famed Nürburgring track, and I can say the 991's handling is among the best of any car I've driven. Its steering is sharp, the power pushes you back in the seat when you need it and it takes corners at wild speeds with little tyre squeal or furore. If I had to sum it up, it's easy to drive this car fast.
There is one thing, however, that needed change but was left untouched: those cursed gear selector push/pull switches on the steering wheel. George Wills, the head of Porsche Middle East, says customers want them and, in fact, around 50 per cent of Porsches are sold with the feature (the other half get the optional paddle shifters or manual gearbox). But I think these are people who never push their car farther than a spirited drive to the office; the switches are confusing to use at fury on a track and they can be hit accidentally with your hand if the steering wheel is turned sharply. A normal paddle-shift steering wheel can be optioned for no charge - that's an easy decision for me.
In fact, the overall package would be an easy decision for me, were I to suddenly get an unexpected and sizeable pay rise. I'm not sure there is another car that combines both practical, everyday motoring ability with the dynamic, track-ready performance of a 911, coupled with the car's racing heritage. It is still the industry benchmark for sports cars, and I'll take my Carrera S in the new lime-gold metallic colour, thanks.
Price, base / as tested Dh334,000 / Dh406,010
Engine 3.8L boxer six cylinder
Gearbox Seven-speed DSG
Power 400hp @ 7,400rpm
Torque 390Nm @ 4,400rpm
Fuel economy, combined 10.7L/100km
THE TWIN BIO
Their favourite city: Dubai
Their favourite food: Khaleeji
Their favourite past-time : walking on the beach
Their favorite quote: ‘we rise by lifting others’ by Robert Ingersoll
You may remember …
Robbie Keane (Atletico de Kolkata) The Irish striker is, along with his former Spurs teammate Dimitar Berbatov, the headline figure in this season’s ISL, having joined defending champions ATK. His grand entrance after arrival from Major League Soccer in the US will be delayed by three games, though, due to a knee injury.
Dimitar Berbatov (Kerala Blasters) Word has it that Rene Meulensteen, the Kerala manager, plans to deploy his Bulgarian star in central midfield. The idea of Berbatov as an all-action, box-to-box midfielder, might jar with Spurs and Manchester United supporters, who more likely recall an always-languid, often-lazy striker.
Wes Brown (Kerala Blasters) Revived his playing career last season to help out at Blackburn Rovers, where he was also a coach. Since then, the 23-cap England centre back, who is now 38, has been reunited with the former Manchester United assistant coach Meulensteen, after signing for Kerala.
Andre Bikey (Jamshedpur) The Cameroonian defender is onto the 17th club of a career has taken him to Spain, Portugal, Russia, the UK, Greece, and now India. He is still only 32, so there is plenty of time to add to that tally, too. Scored goals against Liverpool and Chelsea during his time with Reading in England.
Emiliano Alfaro (Pune City) The Uruguayan striker has played for Liverpool – the Montevideo one, rather than the better-known side in England – and Lazio in Italy. He was prolific for a season at Al Wasl in the Arabian Gulf League in 2012/13. He returned for one season with Fujairah, whom he left to join Pune.
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.”
Emergency
Director: Kangana Ranaut
Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry
Rating: 2/5
Company profile
Company: Eighty6
Date started: October 2021
Founders: Abdul Kader Saadi and Anwar Nusseibeh
Based: Dubai, UAE
Sector: Hospitality
Size: 25 employees
Funding stage: Pre-series A
Investment: $1 million
Investors: Seed funding, angel investors
Pros%20and%20cons%20of%20BNPL
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HEADLINE HERE
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if you go
The flights
Etihad, Emirates and Singapore Airlines fly direct from the UAE to Singapore from Dh2,265 return including taxes. The flight takes about 7 hours.
The hotel
Rooms at the M Social Singapore cost from SG $179 (Dh488) per night including taxes.
The tour
Makan Makan Walking group tours costs from SG $90 (Dh245) per person for about three hours. Tailor-made tours can be arranged. For details go to www.woknstroll.com.sg
COMPANY%20PROFILE
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