Ciara to perform at Emirates Palace



Aside from performing at the Atelier Festival on October 19, the American hip-hop star Ciara will perform on October 18 at the Etoiles Club, Emirates Palace at 11.30pm. For ticketing information, call 02 690 8960. The Atelier Festival, to be held at Dubai's Meydan Racecourse, will feature performances by Craig David, 50 Cent, Nelly, Duffy and Eva Simons. Tickets for the festival start at Dh350. For more information, visit www.theatelierworld.com.

Lohan allegedly assaulted at hotel room

Christian LaBella, a 25-year-old former congressional aide, was arrested on a misdemeanour assault charge but later released after allegedly attacking Lindsay Lohan at her hotel room on Sunday. Lohan and LaBella met hours earlier at a club and went back to her W Hotel room, when she supposedly noticed the mobile photos of her on his phone and grabbed the device. She claimed LaBella grabbed her and threw her, but later he said she had forcefully taken his phone. Lohan was injured but not hospitalised. The charge could not be substantiated so the arrest will be voided, said officials. Lohan's publicist Steve Honig expressed outrage that police did not charge LaBella. "We think it's both distressing and outrageous," he said. "Lindsey was assaulted and there needs to be a consequence for that." Lohan has filed a harassment complaint against LaBella. * AP

Foo Fighters to go on break

The Foo Fighters may be going on an indefinite hiatus. At the end of a New York show on Saturday, the band's lead singer Dave Grohl told the crowd: "Without making a big deal out of it, we don't have any shows after this. This is it, man. Honestly I don't know when we're gonna do it again." Grohl and his band mates performed at the Global Citizen Festival to raise awareness against poverty. They were joined at the free Central Park gig by John Legend, Neil Young and The Black Keys.

Cowell, will.i.am doing tech reality show

The musician will.i.am and The X Factor judge Simon Cowell are banding together to produce a new show for tech enthusiasts. "We're working on a project called X Factor for Tech and it's going to be out of this world," said the Black Eyed Peas rapper. "It's about getting in touch with youth and giving them a platform to express themselves - whether that's in science or mathematics." He said of their tandem: "Simon's cool. We had a wicked dinner a couple of weeks ago. Singing and performance create a couple of jobs. But this will create lots." * IANS

Patrick Stewart plans to reprise X-Men role

Patrick Stewart says he will reprise his role as Professor X in the X-Men film franchise at some point in the future. The 72-year-old actor, who played the character in five X-Men movies, revealed the news at the recent Montreal Comic Con. "I think there is every possibility," he said. "Yes, I'll be reprising." James McAvoy played Professor X in last year's X-Men: First Class and has signed on for the film's forthcoming sequel X-Men: Days of Future Past. There is no word on whether Stewart will be a part of the film. * IANS

Singer in The Rankin Family dies

Raylene Rankin, a member of the Canadian Celtic music group The Rankin Family, has died of cancer at the age of 52. The group's publicist confirmed the death on Sunday. Rankin and her four siblings formed the group more than 20 years ago, originally under the name The Rankins. They are credited with taking east-coast Canadian Celtic music to the mainstream. * AP

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.”

THE SPECS

Engine: 6.75-litre twin-turbocharged V12 petrol engine 

Power: 420kW

Torque: 780Nm

Transmission: 8-speed automatic

Price: From Dh1,350,000

On sale: Available for preorder now

Company profile

Name: GiftBag.ae

Based: Dubai

Founded: 2011

Number of employees: 4

Sector: E-commerce

Funding: Self-funded to date

The specs

Engine: 3-litre twin-turbo V6

Power: 400hp

Torque: 475Nm

Transmission: 9-speed automatic

Price: From Dh215,900

On sale: Now

Without Remorse

Directed by: Stefano Sollima

Starring: Michael B Jordan

4/5

SOUTH%20KOREA%20SQUAD
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Indoor cricket in a nutshell
Indoor Cricket World Cup - Sept 16-20, Insportz, Dubai

16 Indoor cricket matches are 16 overs per side
8 There are eight players per team
9 There have been nine Indoor Cricket World Cups for men. Australia have won every one.
5 Five runs are deducted from the score when a wickets falls
4 Batsmen bat in pairs, facing four overs per partnership

Scoring In indoor cricket, runs are scored by way of both physical and bonus runs. Physical runs are scored by both batsmen completing a run from one crease to the other. Bonus runs are scored when the ball hits a net in different zones, but only when at least one physical run is score.

Zones

A Front net, behind the striker and wicketkeeper: 0 runs
B Side nets, between the striker and halfway down the pitch: 1 run
C Side nets between halfway and the bowlers end: 2 runs
D Back net: 4 runs on the bounce, 6 runs on the full

The specs

Engine: Dual 180kW and 300kW front and rear motors

Power: 480kW

Torque: 850Nm

Transmission: Single-speed automatic

Price: From Dh359,900 ($98,000)

On sale: Now

Result

6.30pm: Al Maktoum Challenge Round-3 – Group 1 (PA) $65,000 (Dirt) 2,000m; Winner: Brraq, Ryan Curatolo (jockey), Jean-Claude Pecout (trainer)

7.05pm: Handicap (TB) $65,000 (Turf) 1,800m; Winner: Bright Melody, James Doyle, Charlie Appleby

7.40pm: Meydan Classic – Listed (TB) $88,000 (T) 1,600m; Winner: Naval Crown, Mickael Barzalona, Charlie Appleby

8.15pm: Nad Al Sheba Trophy – Group 3 (TB) $195,000 (T) 2,810m; Winner: Volcanic Sky, Frankie Dettori, Saeed bin Suroor

8.50pm: Dubai Millennium Stakes – Group 3 (TB) $130,000 (T) 2,000m; Winner: Star Safari, William Buick, Charlie Appleby

9.25pm: Meydan Challenge – Listed Handicap (TB) $88,000 (T) 1,400m; Winner: Zainhom, Dane O’Neill, Musabah Al Muhairi

The specs: 2018 Volkswagen Teramont

Price, base / as tested Dh137,000 / Dh189,950

Engine 3.6-litre V6

Gearbox Eight-speed automatic

Power 280hp @ 6,200rpm

Torque 360Nm @ 2,750rpm

Fuel economy, combined 11.7L / 100km

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Hot%20Seat
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The lowdown

Badla

Rating: 2.5/5

Produced by: Red Chillies, Azure Entertainment 

Director: Sujoy Ghosh

Cast: Amitabh Bachchan, Taapsee Pannu, Amrita Singh, Tony Luke

MATCH INFO

Champions League last 16, first leg

Tottenham v RB Leipzig, Wednesday, midnight (UAE)

Hidden killer

Sepsis arises when the body tries to fight an infection but damages its own tissue and organs in the process.

The World Health Organisation estimates it affects about 30 million people each year and that about six million die.

Of those about three million are newborns and 1.2 are young children.

Patients with septic shock must often have limbs amputated if clots in their limbs prevent blood flow, causing the limbs to die.

Campaigners say the condition is often diagnosed far too late by medical professionals and that many patients wait too long to seek treatment, confusing the symptoms with flu. 

Teams

Pakistan: Sarfraz Ahmed (captain), Mohammad Hafeez, Sahibzada Farhan, Babar Azam, Shoaib Malik, Asif Ali, Shadab Khan, Shaheen Shah Afridi, Usman Khan Shanwari, Hasan Ali, Imad Wasim, Faheem Ashraf.

New Zealand: Kane Williamson (captain), Corey Anderson, Mark Chapman, Lockie Ferguson, Colin de Grandhomme, Adam Milne, Colin Munro, Ajaz Patel, Glenn Phillips, Seth Rance, Tim Seifert, Ish Sodhi, Tim Southee, Ross Taylor.