Gaggia coffee lovers, your time is up. Better break out the Nescafé Gold Blend. Gaggia UK has gone bust and you won't be able to find those pesky filters and spare parts for weeks, if ever. The electronics company Philips is currently engaged in picking up the pieces - or "wiping up the mess", as one spokeswoman put it this week. It's probably best to postpone smart dinner parties for now, in case you make a mortifying caffeine faux-pas by running out of Arabica coffee pods.
For coffee snobs, Gaggia has always been the most desirable coffee machine to display atop a gleaming, granite kitchen surface. The coffee makers were named after a Milanese gentleman named Achille Gaggia, who invented the first steamless coffee machine in 1938. The machines started arriving in Britain en masse from Europe in 1952, when holidaying Brits began returning from continental jaunts buoyed with enthusiasm for thick coffee instead of that watery sewage made from granules.
Coffee machines became a symbol of civilisation, much as you now see people wandering the streets clasping a Starbucks cup, delighted with how cosmopolitan it makes them seem. The truth is they're probably slurping at a skinny, decaf, hazelnut latte, essentially a grown-up milkshake. But, goodness. Don't they look chic and continental? The great coffee revolution happened in earnest in the 1990s. At one point in the last decade, Starbucks was opening one new branch a day in locations across the globe. Coffee became the new water.
And now can you walk more than five steps anywhere in the world without tripping over a Starbucks or Costa or any one of a million spin-offs? You cannot. There are probably remote Amazonian tribes who take theirs venti, straight up and extra hot with a dash of foam and one sugar. This domination of coffee shops subsequently spread to people's homes. They simply couldn't face propelling themselves through the door in the morning without hitting the switch on their Gaggia and smugly making themselves a ristretto macchiato. Or espresso lungo or doppio. The options were endless. Coffee machines offered "active bean management" with "pre-brew aroma" systems. And if you had guests over, you wouldn't just ask: "Black or white?" That would mark you as dreadfully provincial. What about a hearty mug of Indonesian or Mexican coffee instead? Or a dainty cup of Arabic coffee flavoured with cardamom or saffron? Do the results taste earthy, mellow, grassy or of car tyres?
One person to ask would be Gennaro Pelliccia, the chief coffee taster at Costa, whose tongue is insured for $13.5 million (Dh50m). One wonders what happens if he burns it. No matter the type of bean, you must remember coffee rules at all times. Drinking cappuccino after midday is simply not done. Do so in Rome and you will be laughed at. Honestly. What are you, some kind of savage? (Espresso, on the other hand, may be enjoyed at any time.)
And then there's the one thing you must never do: drink instant coffee. It's social suicide. Look at those adverts of George Clooney smouldering over a Nespresso pod. You'd never catch him tucking into a mug of instant coffee, and therefore you yourself must never sink so low. Last year, coffee machine madness reached its zenith with the creation of the Clover, a machine developed in Seattle that costs $10,000 (Dh37,000) and makes, supposedly, the perfect cup, which costs up to $16 (Dh60).
Coffee fans subsequently posted pictures of the machine (there are only 250 in the world) on Flickr and dribbled about the elixir they produced. "This has ruined me for all other coffee," said one. Is it rude to suggest that he maybe gets out more? Find a girlfriend, perhaps? Of course, once you have the expensive machine, you need to learn how to work it. So a culture of barista courses has grown up too. The Institute of Coffee and Barista Training offers just such a course in Dubai, with topics ranging from tips on how to perfectly froth and steam milk to the impact of the grind size.
How have you come this far in life without it?
If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.
When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.
How to get there: Emirates currently flies from Dubai to Orlando five times a week.
Results
Stage 7:
1. Caleb Ewan (AUS) Lotto Soudal - 3:18:29
2. Sam Bennett (IRL) Deceuninck-QuickStep - same time
3. Phil Bauhaus (GER) Bahrain Victorious
4. Michael Morkov (DEN) Deceuninck-QuickStep
5. Cees Bol (NED) Team DSM
General Classification:
1. Tadej Pogacar (SLO) UAE Team Emirates - 24:00:28
2. Adam Yates (GBR) Ineos Grenadiers - 0:00:35
3. Joao Almeida (POR) Deceuninck-QuickStep - 0:01:02
4. Chris Harper (AUS) Jumbo-Visma - 0:01:42
5. Neilson Powless (USA) EF Education-Nippo - 0:01:45
The specs
Price: From Dh529,000
Engine: 5-litre V8
Transmission: Eight-speed auto
Power: 520hp
Torque: 625Nm
Fuel economy, combined: 12.8L/100km
Pupils in Abu Dhabi are learning the importance of being active, eating well and leading a healthy lifestyle now and throughout adulthood, thanks to a newly launched programme 'Healthy Lifestyle'.
As part of the Healthy Lifestyle programme, specially trained coaches from City Football Schools, along with Healthpoint physicians have visited schools throughout Abu Dhabi to give fun and interactive lessons on working out regularly, making the right food choices, getting enough sleep and staying hydrated, just like their favourite footballers.
Organised by Manchester City FC and Healthpoint, Manchester City FC’s regional healthcare partner and part of Mubadala’s healthcare network, the ‘Healthy Lifestyle’ programme will visit 15 schools, meeting around 1,000 youngsters over the next five months.
Designed to give pupils all the information they need to improve their diet and fitness habits at home, at school and as they grow up, coaches from City Football Schools will work alongside teachers to lead the youngsters through a series of fun, creative and educational classes as well as activities, including playing football and other games.
Dr Mai Ahmed Al Jaber, head of public health at Healthpoint, said: “The programme has different aspects - diet, exercise, sleep and mental well-being. By having a focus on each of those and delivering information in a way that children can absorb easily it can help to address childhood obesity."
Vidaamuyarchi
Director: Magizh Thirumeni
Stars: Ajith Kumar, Arjun Sarja, Trisha Krishnan, Regina Cassandra
Rating: 4/5
Paatal Lok season two
Directors: Avinash Arun, Prosit Roy
Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong
Rating: 4.5/5
In Full Flight: A Story of Africa and Atonement
John Heminway, Knopff
Yuki Means Happiness
Alison Jean Lester
John Murray
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.”
INFO
COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
Herc's Adventures
Developer: Big Ape Productions
Publisher: LucasArts
Console: PlayStation 1 & 5, Sega Saturn
Rating: 4/5
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
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.
COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
EXPATS
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The Great Derangement: Climate Change and the Unthinkable
Amitav Ghosh, University of Chicago Press
Padmaavat
Director: Sanjay Leela Bhansali
Starring: Ranveer Singh, Deepika Padukone, Shahid Kapoor, Jim Sarbh
3.5/5
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
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The specs
Engine: 1.5-litre 4-cyl turbo
Power: 194hp at 5,600rpm
Torque: 275Nm from 2,000-4,000rpm
Transmission: 6-speed auto
Price: from Dh155,000
On sale: now
The specs
Engine: Four electric motors, one at each wheel
Power: 579hp
Torque: 859Nm
Transmission: Single-speed automatic
Price: From Dh825,900
On sale: Now
Our legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.