Emirates airline's new Dubai-Cebu-Clark daily circular service has just two classes – business and economy. When I board the Boeing 777-300ER from Dubai International Airport and proceed to find my seat – just a few rows back from the forward doors – it feels like I'm flying first class, as there is no one else in a section in front.
I’d just come from the first-class lounge. As a special treat, those of us in business had been given access for Wednesday’s inaugural flight on this route.
Ordinarily, passengers flying business with Emirates are given access to the business lounge.
The transition from lounge to plane was seamless. We were fast-tracked and able to make our way swiftly to our allocated seats, of which there were 42 in a two-three-two configuration.
Unfortunately, it’s just a few steps on to the plane before I realise I’m seated in the middle of a row of three. I immediately begin feeling less than impressed (I wasn’t able to choose my seat as I was on a group booking). But I accept it and decide to make the most of the extra leg room and flat-bed set-up – after all, it is already past 3am.
The flight’s scheduled times are takeoff from Dubai at 2.55am and landing in Cebu at 3.50pm. Before take-off, the staff are very particular about the stowage of all bags and shoes in the overhead lockers.
Refreshments are served as soon as we reach our cruising altitude. At this time the steward checks in with me about my special meal request, while other guests hand over their suit jackets which are tagged and stored in a private cupboard.
There are a couple of things that are slightly annoying. The television unit doesn’t have touchscreen capability, and the USB drive isn’t easy to locate.
I sleep through the light breakfast that is served about an hour or so into the flight, and still feel groggy when “lunch” is served two hours before landing. This is testament to the comfortable bed-like seats, which are worth every cent of the Dh8,775. For economy you pay Dh2,385.
And with just three business seats to spare on the flight, which seats 428 across both classes, I’d say that’s a good indication most people agree.
q&a links with the Philippines
Melinda Healy gives more details about Emirates and its Philippine connection:
How many aircraft does Emirates airline have in its fleet?
Currently the airline has 236 passenger aircraft and 15 freighter aircraft and it has another 252 aircraft pending delivery.
How many destinations does the airline fly to?
The Emirates network has more than 150 destinations. It flies to 80 countries in six continents.
How many Filipino cabin crew does Emirates employ?
It has more than 1,050 Filipino crew to help local residents feel right at home when travelling with the UAE carrier.
How many new routes have Emirates added in the past year and how many more are forthcoming this year?
Emirates last year launched six routes – Bali, Indonesia; Multan, Pakistan; Orlando, Florida; Mashhad, Iran; Bologna, Italy; and Sabiha Gokcen, Turkey. This year, in addition to the Cebu/Clark circular service, it will launch Yinchuan and Zhengzhou, China; Yangon, Myanmar; and Hanoi, Vietnam.
How many passengers has Emirates carried since it launched flights to the Philippines back in 1990?
In the past 26 years, Emirates has carried more than 7.5 million Filipinos, international tourists and business passengers. In 2015 alone the airline hosted more than 550,000 on the Manila-Dubai route.
mhealy@thenational.ae
The writer travelled as a guest of Emirates.
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The specS: 2018 Toyota Camry
Price: base / as tested: Dh91,000 / Dh114,000
Engine: 3.5-litre V6
Gearbox: Eight-speed automatic
Power: 298hp @ 6,600rpm
Torque: 356Nm @ 4,700rpm
Fuel economy, combined: 7.0L / 100km
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
THE LIGHT
Director: Tom Tykwer
Starring: Tala Al Deen, Nicolette Krebitz, Lars Eidinger
Rating: 3/5
Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
Round 3: February 7-9, Dubai Autodrome – Dubai
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
THE DETAILS
Solo: A Star Wars Story
Director: Ron Howard
2/5
Cryopreservation: A timeline
- Keyhole surgery under general anaesthetic
- Ovarian tissue surgically removed
- Tissue processed in a high-tech facility
- Tissue re-implanted at a time of the patient’s choosing
- Full hormone production regained within 4-6 months
Company%20profile
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German intelligence warnings
- 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
- 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
- 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250
Source: Federal Office for the Protection of the Constitution
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
MATCH INFO
Leeds United 0
Brighton 1 (Maupay 17')
Man of the match: Ben White (Brighton)
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
The specs
Engine: 3-litre twin-turbo V6
Power: 400hp
Torque: 475Nm
Transmission: 9-speed automatic
Price: From Dh215,900
On sale: Now
The specs: Lamborghini Aventador SVJ
Price, base: Dh1,731,672
Engine: 6.5-litre V12
Gearbox: Seven-speed automatic
Power: 770hp @ 8,500rpm
Torque: 720Nm @ 6,750rpm
Fuel economy: 19.6L / 100km
Batti Gul Meter Chalu
Producers: KRTI Productions, T-Series
Director: Sree Narayan Singh
Cast: Shahid Kapoor, Shraddha Kapoor, Divyenndu Sharma, Yami Gautam
Rating: 2/5
SPECS
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Villains
Queens of the Stone Age
Matador
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.”