Searching for Sugarman director Malik Bendjelloul. Victoria Will / AP photo
Searching for Sugarman director Malik Bendjelloul. Victoria Will / AP photo

New season of free outdoor film screenings hosted at Alserkal Avenue by Cinema Akil



Edgy arthouse films, feel-good indies and regional triumphs are among the celluloid highlights at a new season of free al fresco screenings from Cinema Akil.

Hosted by Alserkal Avenue, the Work in Progress programme kicks off on November 11 with Searching for Sugarman, an Oscar-winning documentary about the eponymous cult musician.

Things continue a week later, on November 18, with a tribute to Mohamad Khan – the great Egyptian filmmaker, who passed away in July – with a screening of his penultimate work Factory Girl.

Screenings continue every Friday at 7pm, for 18 weeks until March 31, either under the stars in courtyard space The Yard, or shifted indoors to nearby A4 Space.

Following from Cinema Akil’s previous themed seasons – which often showcased vintage Hollywood and global classics – the Work in Progress programme aims to celebrate “the finest in a broad spectrum of must-see contemporary, international films spanning the past decade”.

Addressing the central topic of work, a series of artist commissions, talks, workshops and special events will tale place throughout the year.

Other cinematic highlights include another chance to see hit Kiwi comedy Hunt for the Wilderpeople (on January 13), British indie crime drama Metro Manila (February 3), Jacques Audiard's Palme d'Or-winner Dheepan (February 24) and Lebanese thriller Very Big Shot (March 10).

Tributes will touchingly be paid to Abbas Kiarostami – the Iranian master who also passed away this year – on March 17, with a screening of his broodingly philosophical 1997 Palme d'Or winner, Taste of Cherry.

The season closes on March 31 with Pina, Wim Wenders' groundbreaking documentary portrait of the late, great modern dance pioneer Pina Bausch.

For full details of upcoming screenings, see cinemaakil.com.

***

A special one-off screening of critically hyped new horror flick Under the Shadow is to be staged at Alserkal Avenue.

Director Babak Anvari and producer Lucan Toh will be in town to host a Q&A following the screening, which will take place at The Yard on November 29 at 7pm, hosted by Cinema Akil and distributers Front Row.

The Farsi-language British production has been selected as the United Kingdom's official entry to next year's Oscar for Best Foreign Language Film. Premiered at Sundance in January, Under the Shadow currently holds a 98 percent approval rating on critics' aggregator Rotten Tomatoes, and has been sold to Netflix Worldwide for a January 2017 release.

COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
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What should do investors do now?

What does the S&P 500's new all-time high mean for the average investor? 

Should I be euphoric?

No. It's fine to be pleased about hearty returns on your investments. But it's not a good idea to tie your emotions closely to the ups and downs of the stock market. You'll get tired fast. This market moment comes on the heels of last year's nosedive. And it's not the first or last time the stock market will make a dramatic move.

So what happened?

It's more about what happened last year. Many of the concerns that triggered that plunge towards the end of last have largely been quelled. The US and China are slowly moving toward a trade agreement. The Federal Reserve has indicated it likely will not raise rates at all in 2019 after seven recent increases. And those changes, along with some strong earnings reports and broader healthy economic indicators, have fueled some optimism in stock markets.

"The panic in the fourth quarter was based mostly on fears," says Brent Schutte, chief investment strategist for Northwestern Mutual Wealth Management Company. "The fundamentals have mostly held up, while the fears have gone away and the fears were based mostly on emotion."

Should I buy? Should I sell?

Maybe. It depends on what your long-term investment plan is. The best advice is usually the same no matter the day — determine your financial goals, make a plan to reach them and stick to it.

"I would encourage (investors) not to overreact to highs, just as I would encourage them not to overreact to the lows of December," Mr Schutte says.

All the same, there are some situations in which you should consider taking action. If you think you can't live through another low like last year, the time to get out is now. If the balance of assets in your portfolio is out of whack thanks to the rise of the stock market, make adjustments. And if you need your money in the next five to 10 years, it shouldn't be in stocks anyhow. But for most people, it's also a good time to just leave things be.

Resist the urge to abandon the diversification of your portfolio, Mr Schutte cautions. It may be tempting to shed other investments that aren't performing as well, such as some international stocks, but diversification is designed to help steady your performance over time.

Will the rally last?

No one knows for sure. But David Bailin, chief investment officer at Citi Private Bank, expects the US market could move up 5 per cent to 7 per cent more over the next nine to 12 months, provided the Fed doesn't raise rates and earnings growth exceeds current expectations. We are in a late cycle market, a period when US equities have historically done very well, but volatility also rises, he says.

"This phase can last six months to several years, but it's important clients remain invested and not try to prematurely position for a contraction of the market," Mr Bailin says. "Doing so would risk missing out on important portfolio returns."

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Jigra
Director: Vasan Bala
Starring: Alia Bhatt, Vedang Raina, Manoj Pahwa, Harsh Singh
Rated: 3.5/5
SPECS

Engine: 4-litre V8 twin-turbo
Power: 630hp
Torque: 850Nm
Transmission: 8-speed Tiptronic automatic
Price: From Dh599,000
On sale: Now

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Company profile

Name: Infinite8

Based: Dubai

Launch year: 2017

Number of employees: 90

Sector: Online gaming industry

Funding: $1.2m from a UAE angel investor

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COMPANY PROFILE
Name: Airev
Started: September 2023
Founder: Muhammad Khalid
Based: Abu Dhabi
Sector: Generative AI
Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
Current number of staff: 47
 

TV: World Cup Qualifier 2018 matches will be aired on on OSN Sports HD Cricket channel

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Joker: Folie a Deux

Starring: Joaquin Phoenix, Lady Gaga, Brendan Gleeson

Director: Todd Phillips 

Rating: 2/5

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