Hype and hope – there may never have been more of either invested in a UAE release than there has been in Hollaphonic’s debut album.
The hype because Personal Space, which has been nearly three years in the making, comes off the back of the regional radio smashes I Don't Want it to End, Fabric and Runaway, and massive gigs including the Dubai World Cup (the duo's first gig, in March 2013), Creamfields Abu Dhabi (December 2013), and an unprecedented main-stage slot at the Abu Dhabi Grand Prix last November (their most recent UAE gig).
The proof of said hype? Album pre-orders that topped the regional iTunes chart ahead of the March 2 release.
But there’s also hope – because Hollaphonic show that, in the face of long-standing local scepticism, a UAE act truly can achieve big things.
In this case, those include headlining Zero Gravity on Thursday, April 9, a belated album-launch gig at a venue normally headlined at weekends by huge international acts such as Groove Armada, Goldfish, DJ Fresh, 2manydjs, Norman Jay and Chicane – and the forthcoming European release of recent single Dangerous, which features the British reality TV star Vince Kidd.
Ahead of Thursday’s gig, we quizzed the dance duo’s Olly Wood and Greg Stainer about the new album and the regional music scene.
Your debut single, 2013’s I Don’t Want it to End, was the first song you wrote together. How did you get from there to here?
Stainer: Our first few sessions were all about looking at what was in the pop charts – that was our goal from the start. But when we started to get live gigs we realised that most of the stuff we made, we didn't want to play, because the audience were over-21-year-olds who wanted a completely different sound. So then we got back into the studio and said "we've actually got to make some songs that we want to play at our live gigs, rather than songs for radio and MTV".
What’s the game plan now?
Wood: Now we're focusing on Dangerous, which has come out here and done really well. We're getting a radio-plugger to push it in the UK. And our remix of Wish You Were Here by Philip George – the original is one of the biggest tracks in the world right now – we've got Paul Oakenfold, Thomas Gold and DJs around the world playing our version, so the name c is getting out there, and this was always the mission.
Tell us about tonight’s gig.
Wood: It's a big and scary undertaking.
Stainer: We almost feel we've got the entire music industry watching. We're doing something for the first time, headlining the new venue that only relies on internationals. You constantly see everyone in the industry saying "Dubai doesn't support local acts." We've always said: "No, not necessarily." We feel that if we can pull this off, and it's a big, successful event, then it could potentially open the doors for other people. If we can bring in a few thousand people as a local act, hopefully it will inspire more local talent to make their own music.
So why you? Why have you become the region’s first electronic act to achieve this kind of exposure?
Stainer: The main thing is that we've got our act together – it's not just about getting in the studio and making a killer track. There are tonnes of people who have a great track. It's how we've presented ourselves, how we've interacted with everyone, from the media to management and the record label. It's a matter of having a solid plan from the beginning and sticking with it.
Wood: We've spent a huge amount of our own money, which every band does.
Stainer: Between us, there's no big ego – we both know what needs to be done.
Wood: Until we're onstage.
Stainer: And then I'm happy for his ego to take over.
Tonight’s gig is supported by Adidas. How important have brand partnerships been for the band?
Wood: The big thing is that it's not selling out. There's a big preconception when you start working with brands – it's how you do it that matters. None of them change our music or personality. We learnt a very hard lesson early on, with HTC in the music video [to I Don't Want it to End], which effectively looked like an advert.
Stainer: From the money side, it's great to get videos paid for and that kind of thing – but for us it's also about the association. Adidas is associated with Pharrell, David Beckham, Rita Ora – and then us. Little old Hollaphonic's album launch is in the same category as Pharrell's concert at the F1. I did say when we watched Pharrell: "How come we haven't got jeans with an Adidas logo on the back?" and we were told: "That's because those are Mr Pharrell's jeans – and you can't have them." My design for an Adidas T-shirt converted into a mankini hasn't been approved yet ...
• Hollaphonic perform at Zero Gravity, SkyDive Dubai, on Thursday, April 9. Free for men before 10pm and women before midnight, Dh100 after
rgarratt@thenational.ae
'The Woman in the House Across the Street from the Girl in the Window'
Director:Michael Lehmann
Stars:Kristen Bell
Rating: 1/5
The Brutalist
Director: Brady Corbet
Stars: Adrien Brody, Felicity Jones, Guy Pearce, Joe Alwyn
Rating: 3.5/5
Emergency phone numbers in the UAE
Estijaba – 8001717 – number to call to request coronavirus testing
Ministry of Health and Prevention – 80011111
Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre
Emirates airline – 600555555
Etihad Airways – 600555666
Ambulance – 998
Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries
The Written World: How Literature Shaped History
Martin Puchner
Granta
RESULTS
Lightweight (female)
Sara El Bakkali bt Anisha Kadka
Bantamweight
Mohammed Adil Al Debi bt Moaz Abdelgawad
Welterweight
Amir Boureslan bt Mahmoud Zanouny
Featherweight
Mohammed Al Katheeri bt Abrorbek Madaminbekov
Super featherweight
Ibrahem Bilal bt Emad Arafa
Middleweight
Ahmed Abdolaziz bt Imad Essassi
Bantamweight (female)
Ilham Bourakkadi bt Milena Martinou
Welterweight
Mohamed Mardi bt Noureddine El Agouti
Middleweight
Nabil Ouach bt Ymad Atrous
Welterweight
Nouredine Samir bt Marlon Ribeiro
Super welterweight
Brad Stanton bt Mohamed El Boukhari
The full list of 2020 Brit Award nominees (winners in bold):
British group
Coldplay
Foals
Bring me the Horizon
D-Block Europe
Bastille
British Female
Mabel
Freya Ridings
FKA Twigs
Charli xcx
Mahalia
British male
Harry Styles
Lewis Capaldi
Dave
Michael Kiwanuka
Stormzy
Best new artist
Aitch
Lewis Capaldi
Dave
Mabel
Sam Fender
Best song
Ed Sheeran and Justin Bieber - I Don’t Care
Mabel - Don’t Call Me Up
Calvin Harrison and Rag’n’Bone Man - Giant
Dave - Location
Mark Ronson feat. Miley Cyrus - Nothing Breaks Like A Heart
AJ Tracey - Ladbroke Grove
Lewis Capaldi - Someone you Loved
Tom Walker - Just You and I
Sam Smith and Normani - Dancing with a Stranger
Stormzy - Vossi Bop
International female
Ariana Grande
Billie Eilish
Camila Cabello
Lana Del Rey
Lizzo
International male
Bruce Springsteen
Burna Boy
Tyler, The Creator
Dermot Kennedy
Post Malone
Best album
Stormzy - Heavy is the Head
Michael Kiwanuka - Kiwanuka
Lewis Capaldi - Divinely Uninspired to a Hellish Extent
Dave - Psychodrama
Harry Styles - Fine Line
Rising star
Celeste
Joy Crookes
beabadoobee
Analysis
Members of Syria's Alawite minority community face threat in their heartland after one of the deadliest days in country’s recent history. Read more
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.”
Where to buy art books in the UAE
There are a number of speciality art bookshops in the UAE.
In Dubai, The Lighthouse at Dubai Design District has a wonderfully curated selection of art and design books. Alserkal Avenue runs a pop-up shop at their A4 space, and host the art-book fair Fully Booked during Art Week in March. The Third Line, also in Alserkal Avenue, has a strong book-publishing arm and sells copies at its gallery. Kinokuniya, at Dubai Mall, has some good offerings within its broad selection, and you never know what you will find at the House of Prose in Jumeirah. Finally, all of Gulf Photo Plus’s photo books are available for sale at their show.
In Abu Dhabi, Louvre Abu Dhabi has a beautiful selection of catalogues and art books, and Magrudy’s – across the Emirates, but particularly at their NYU Abu Dhabi site – has a great selection in art, fiction and cultural theory.
In Sharjah, the Sharjah Art Museum sells catalogues and art books at its museum shop, and the Sharjah Art Foundation has a bookshop that offers reads on art, theory and cultural history.
ON%20TRACK
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The specs
AT4 Ultimate, as tested
Engine: 6.2-litre V8
Power: 420hp
Torque: 623Nm
Transmission: 10-speed automatic
Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)
On sale: Now