Documentary showcase of American life coming to the UAE



DUBAI // Away from the brainless CGI-loaded blockbusters churned out by mainstream Hollywood producers, the US is experiencing a golden age in documentary making.

Buoyed by new, cheap film and editing technologies, hundreds of independent filmmakers are using the medium to create the intelligent, probing narratives that are absent from your usual multiplex fodder.

To demonstrate the calibre of the scene, the Dubai International Film Festival (DIFF) and the US Mission to the UAE organisation have teamed up to present the American Documentary Showcase, in which eight of the most acclaimed documentaries of recent times will be screened.

The films, which are being shown for free at cinemas in Abu Dhabi and Dubai, have been selected for their uncompromising takes on life in modern America. They explore a diverse range of hard hitting topics, including civil rights, the eradication of native cultures, the failing education system and racism against immigrants.

The screenings will be accompanied by workshops at universities in Dubai, Sharjah, Abu Dhabi and Al Ain, in which some of the films' directors will share their talents with students.

DIFF artistic director Masoud Amralla Al Ali explains the purpose of the showcase. "Since its inception eight years ago, the Dubai International Film Festival has championed the concept of bridging cultures and meeting minds through cinema. The American Documentary Showcase is an opportunity to expand the cultural conversation by enabling audiences in the UAE to see different perspectives of the United States through uncommon, real stories told by its own people," he says.

The season kicks off with Louder Than A Bomb, which chronicles four Chicago high school teams as they prepare to compete in the world's largest youth poetry reading competition. This heartbreaking film captures the tempestuous lives of these inner city teens, exploring the ways writing shapes their world.

A similar exploration of the lives of underprivileged children is The Lottery, an Oscar shortlisted film which presents an unflinching critique of the US public education system. It follows four New York African-American families who enter their children into a lottery to gain a place in the elite, privately funded charter schools.

Then there's A Village Called Versailles, an empowering tale about a tight-knit Vietnamese American community living near New Orleans and their efforts to both rebuild their neighbourhood in the aftermath of Hurricane Katrina, and then their fight to overturn a government decision to site a toxic landfill near their homes.

Meanwhile, movie buffs won't want to miss No Subtitles Necessary: László and Vilmos. This movie details the astonishing careers of László Kovacs and Vilmos Zsigmond, who, with classics such as Easy Rider, The Deer Hunter and Deliverance on their CVs, were two of the most acclaimed cinematographers of the late 1960s and 1970s. Their friendship began as film students in Budapest, where they secretly filmed the day-to-day events of the 1956 Hungarian Revolution and the Soviet Union's brutal suppression of the uprising, before risking their lives to smuggle the the footage out the country the following year. Their lives are narrated through 300 film clips, screen tests and out-takes interwoven with conversations with movie-making luminaries such as Martin Scorsese, Dennis Hopper and Peter Fonda.

One Lucky Elephant follows the relationship between circus owner David Balding and Flora, an African elephant that he adopted as a baby after her mother was killed by poachers. Suffering from serious health issues and realising Flora will outlive him, David sets out on a quest to find his elephant a home where she can live safely among others of her species. This profoundly touching film explores the relationship between man and beast and the dangers of raising wild animals in captivity.

The plight of the Wampanoag Native American people is the subject of We Still Live Here. The film tells the story of the efforts of one indomitable linguists' attempts to revive the Wampanoag language, despite the fact all its native speakers had died out.

Time-pressed documentary fans should catch Corner Plot, which is a brief, 11-minute long look at the life of 89-year-old Charlie Koiner, who has steadfastly refused to give up working his one-acre tract of farmland, despite being encircled by office blocks, malls and highways as Washington DC's urban sprawl encroached the area.

And finally, there is Freedom Riders, a feature-length film about the band of civil rights activists who sparked the demise of racist Jim Crow laws in the Deep South with their bold and dangerous experiment to challenge racial segregation on interstate transport.

The films will be shown at Grand Cinemas Abu Dhabi Mall on September 30 and October 1, and then at Vox Cinema in Mall of the Emirates from October 6 to 8. For more information and exact timings, visit www.dubaifilmfest.com.

Prop idols

Girls full-contact rugby may be in its infancy in the Middle East, but there are already a number of role models for players to look up to.

Sophie Shams (Dubai Exiles mini, England sevens international)

An Emirati student who is blazing a trail in rugby. She first learnt the game at Dubai Exiles and captained her JESS Primary school team. After going to study geophysics at university in the UK, she scored a sensational try in a cup final at Twickenham. She has played for England sevens, and is now contracted to top Premiership club Saracens.

----

Seren Gough-Walters (Sharjah Wanderers mini, Wales rugby league international)

Few players anywhere will have taken a more circuitous route to playing rugby on Sky Sports. Gough-Walters was born in Al Wasl Hospital in Dubai, raised in Sharjah, did not take up rugby seriously till she was 15, has a master’s in global governance and ethics, and once worked as an immigration officer at the British Embassy in Abu Dhabi. In the summer of 2021 she played for Wales against England in rugby league, in a match that was broadcast live on TV.

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Erin King (Dubai Hurricanes mini, Ireland sevens international)

Aged five, Australia-born King went to Dubai Hurricanes training at The Sevens with her brothers. She immediately struck up a deep affection for rugby. She returned to the city at the end of last year to play at the Dubai Rugby Sevens in the colours of Ireland in the Women’s World Series tournament on Pitch 1.

Racecard

6pm: Mina Hamriya – Handicap (TB) $75,000 (Dirt) 1,400m

6.35pm: Al Wasl Stakes – Conditions (TB) $60,000 (Turf) 1,200m

7.10pm: UAE Oaks – Group 3 (TB) $150,000 (D) 1,900m

7.45pm: Blue Point Sprint – Group 2 (TB) $180,000 (T) 1,000m

8.20pm: Nad Al Sheba Trophy – Group 3 (TB) $200,000 (T) 2,810m

8.55pm: Mina Rashid – Handicap (TB) $80,000 (T) 1,600m

The%20Roundup
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UAE Falcons

Carly Lewis (captain), Emily Fensome, Kelly Loy, Isabel Affley, Jessica Cronin, Jemma Eley, Jenna Guy, Kate Lewis, Megan Polley, Charlie Preston, Becki Quigley and Sophie Siffre. Deb Jones and Lucia Sdao – coach and assistant coach.

 
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Company%20Profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3ENamara%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3EJune%202022%0D%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3EMohammed%20Alnamara%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%20%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EMicrofinance%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%20%3C%2Fstrong%3E16%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3ESeries%20A%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EFamily%20offices%0D%3Cbr%3E%3C%2Fp%3E%0A
How Tesla’s price correction has hit fund managers

Investing in disruptive technology can be a bumpy ride, as investors in Tesla were reminded on Friday, when its stock dropped 7.5 per cent in early trading to $575.

It recovered slightly but still ended the week 15 per cent lower and is down a third from its all-time high of $883 on January 26. The electric car maker’s market cap fell from $834 billion to about $567bn in that time, a drop of an astonishing $267bn, and a blow for those who bought Tesla stock late.

The collapse also hit fund managers that have gone big on Tesla, notably the UK-based Scottish Mortgage Investment Trust and Cathie Wood’s ARK Innovation ETF.

Tesla is the top holding in both funds, making up a hefty 10 per cent of total assets under management. Both funds have fallen by a quarter in the past month.

Matt Weller, global head of market research at GAIN Capital, recently warned that Tesla founder Elon Musk had “flown a bit too close to the sun”, after getting carried away by investing $1.5bn of the company’s money in Bitcoin.

He also predicted Tesla’s sales could struggle as traditional auto manufacturers ramp up electric car production, destroying its first mover advantage.

AJ Bell’s Russ Mould warns that many investors buy tech stocks when earnings forecasts are rising, almost regardless of valuation. “When it works, it really works. But when it goes wrong, elevated valuations leave little or no downside protection.”

A Tesla correction was probably baked in after last year’s astonishing share price surge, and many investors will see this as an opportunity to load up at a reduced price.

Dramatic swings are to be expected when investing in disruptive technology, as Ms Wood at ARK makes clear.

Every week, she sends subscribers a commentary listing “stocks in our strategies that have appreciated or dropped more than 15 per cent in a day” during the week.

Her latest commentary, issued on Friday, showed seven stocks displaying extreme volatility, led by ExOne, a leader in binder jetting 3D printing technology. It jumped 24 per cent, boosted by news that fellow 3D printing specialist Stratasys had beaten fourth-quarter revenues and earnings expectations, seen as good news for the sector.

By contrast, computational drug and material discovery company Schrödinger fell 27 per cent after quarterly and full-year results showed its core software sales and drug development pipeline slowing.

Despite that setback, Ms Wood remains positive, arguing that its “medicinal chemistry platform offers a powerful and unique view into chemical space”.

In her weekly video view, she remains bullish, stating that: “We are on the right side of change, and disruptive innovation is going to deliver exponential growth trajectories for many of our companies, in fact, most of them.”

Ms Wood remains committed to Tesla as she expects global electric car sales to compound at an average annual rate of 82 per cent for the next five years.

She said these are so “enormous that some people find them unbelievable”, and argues that this scepticism, especially among institutional investors, “festers” and creates a great opportunity for ARK.

Only you can decide whether you are a believer or a festering sceptic. If it’s the former, then buckle up.

RESULTS

Bantamweight: Jalal Al Daaja (JOR) beat Hamza Bougamza (MAR)

Catchweight 67kg: Mohamed El Mesbahi (MAR) beat Fouad Mesdari (ALG)

Lightweight: Abdullah Mohammed Ali (UAE) beat Abdelhak Amhidra (MAR)

Catchweight 73kg: Mosatafa Ibrahim Radi (PAL) beat Yazid Chouchane (ALG)

Middleweight: Yousri Belgaroui (TUN) beat Badreddine Diani (MAR)

Catchweight 78KG: Rashed Dawood (UAE) beat Adnan Bushashy (ALG)

Middleweight: Sallah-Eddine Dekhissi (MAR) beat Abdel Enam (EGY)

Catchweight 65kg: Yanis Ghemmouri (ALG) beat Rachid Hazoume (MAR)

Lightweight: Mohammed Yahya (UAE) beat Azouz Anwar (EGY)

Catchweight 79kg: Souhil Tahiri (ALG) beat Omar Hussein (PAL)

Middleweight: Tarek Suleiman (SYR) beat Laid Zerhouni (ALG)

Arabian Gulf Cup FINAL

Al Nasr 2

(Negredo 1, Tozo 50)

Shabab Al Ahli 1

(Jaber 13)

Sukuk explained

Sukuk are Sharia-compliant financial certificates issued by governments, corporates and other entities. While as an asset class they resemble conventional bonds, there are some significant differences. As interest is prohibited under Sharia, sukuk must contain an underlying transaction, for example a leaseback agreement, and the income that is paid to investors is generated by the underlying asset. Investors must also be prepared to share in both the profits and losses of an enterprise. Nevertheless, sukuk are similar to conventional bonds in that they provide regular payments, and are considered less risky than equities. Most investors would not buy sukuk directly due to high minimum subscriptions, but invest via funds.

Specs

Engine: 2-litre

Transmission: Eight-speed automatic

Power: 255hp

Torque: 273Nm

Price: Dh240,000

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Company%20Profile
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Israel Palestine on Swedish TV 1958-1989

Director: Goran Hugo Olsson

Rating: 5/5

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