It isn't very often that I waste an hour or so on the video sharing website, YouTube, but recently a friend pointed me in the direction of a clip featuring Jeremy Clarkson, in which he spent 15 minutes or so extolling the virtues of the Jaguar E-Type. Or, more specifically, a car called the Eagle Speedster.
I have long been a fan of what Eagle does as a company. Formed in 1982, from the outset Eagle dedicated itself to "the bespoke 'remanufacture level' restoration and engineering of a single, exceptional car - the Jaguar E-Type". Initially, the company was little more than a restoration shop (admittedly a stupendously good one) but, in 1991, it produced a car that has gone on to redefine classic car ownership all over the world: the Eagle E-Type.
The cars that have since emerged from Eagle's workshops in East Sussex, England have been received with rapturous worldwide applause; the Eagle E-Type, while physically indistinguishable from the classic cars we have all come to know and love, has been extensively redesigned, re-engineered and remanufactured to deliver a modern, reliable, yet still thrilling experience. Clarkson once remarked that, for him, the Eagle E-Type was the greatest car of the 20th century - the highest possible praise from the world's prickliest motoring journalist.
Jaguar E-Types aren't exactly in short supply around the world. More than 70,000 were sold between 1961 and 1974, but a huge amount of them have fallen into disrepair. Their relative ubiquity means high restoration costs have put off many owners from returning them to their former glory. After all, spending up to Dh600,000 on a car that might be worth half that when it comes to sell it on makes no sense to many of us.
The Eagle treatment is different, however, because underneath the beautiful exterior is a thoroughly modern car. Bespoke gearboxes, aluminium engine blocks, modern brakes and suspension componentry, the latest anti-corrosion treatments - you name it and Eagle will do it for you, working in close contact with clients to give them the E-Type of their dreams. It's not uncommon for more than 4,000 man-hours to be put into creating one of these cars.
And one such customer, from the east coast of the United States, was getting a bit tetchy about how long the process was taking on his car. According to Eagle's head of projects, Paul Brace, this gentleman started to ask about how far he could take things, about how they could come up with something totally unique - an E-Type re-imagined for the 21st century. The idea for the Speedster was born.
"He saw the initial sketches of what we thought was possible and that was it," Brace recently told me. "He wasn't bothered about having a roof, so that gave us an incredible amount of freedom when it came to designing the car. And what we eventually built looks almost exactly the same as those early drawings."
That customer's Speedster, when first shown to the world, received so much praise that Eagle approached its owner to see if he objected to further examples being built. He saw sense in this, Brace explained, reasoning that a limited production run could only give his own car more credibility. "It would have been a shame, after all that huge development cost, to have built only one," Brace remarked. "We had to buy in certain parts in batches of 10, so making extra cars was quite easily accommodated. At the moment we are putting the finishing touches to the third car and we have a fourth already sold. We think that, after six, we'll close the book, though."
It's an incredible motor car - one that even Jaguar's current design chief, Ian Callum, says he wishes he could have designed - a truly modern twist on a bona fide classic.
With a ballpark price of between Dh3 million and Dh4.5 million, it was always going to be out of reach for all but the most wealthy collectors but the fact that such a car exists should give reason for cheer. The great British spirit of engineering derring-do is evidently still alive and kicking.
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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
COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
TRAP
Starring: Josh Hartnett, Saleka Shyamalan, Ariel Donaghue
Director: M Night Shyamalan
Rating: 3/5
What is Folia?
Prince Khaled bin Alwaleed bin Talal's new plant-based menu will launch at Four Seasons hotels in Dubai this November. A desire to cater to people looking for clean, healthy meals beyond green salad is what inspired Prince Khaled and American celebrity chef Matthew Kenney to create Folia. The word means "from the leaves" in Latin, and the exclusive menu offers fine plant-based cuisine across Four Seasons properties in Los Angeles, Bahrain and, soon, Dubai.
Kenney specialises in vegan cuisine and is the founder of Plant Food Wine and 20 other restaurants worldwide. "I’ve always appreciated Matthew’s work," says the Saudi royal. "He has a singular culinary talent and his approach to plant-based dining is prescient and unrivalled. I was a fan of his long before we established our professional relationship."
Folia first launched at The Four Seasons Hotel Los Angeles at Beverly Hills in July 2018. It is available at the poolside Cabana Restaurant and for in-room dining across the property, as well as in its private event space. The food is vibrant and colourful, full of fresh dishes such as the hearts of palm ceviche with California fruit, vegetables and edible flowers; green hearb tacos filled with roasted squash and king oyster barbacoa; and a savoury coconut cream pie with macadamia crust.
In March 2019, the Folia menu reached Gulf shores, as it was introduced at the Four Seasons Hotel Bahrain Bay, where it is served at the Bay View Lounge. Next, on Tuesday, November 1 – also known as World Vegan Day – it will come to the UAE, to the Four Seasons Resort Dubai at Jumeirah Beach and the Four Seasons DIFC, both properties Prince Khaled has spent "considerable time at and love".
There are also plans to take Folia to several more locations throughout the Middle East and Europe.
While health-conscious diners will be attracted to the concept, Prince Khaled is careful to stress Folia is "not meant for a specific subset of customers. It is meant for everyone who wants a culinary experience without the negative impact that eating out so often comes with."
Call of Duty: Black Ops 6
Developer: Treyarch, Raven Software
Publisher: Activision
Console: PlayStation 4 & 5, Windows, Xbox One & Series X/S
Rating: 3.5/5
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.
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Company%20Profile
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Brief scores:
Barcelona 3
Pique 38', Messi 51 (pen), Suarez 82'
Rayo Vallecano 1
De Tomas Gomez 24'
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
THE%20FLASH
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SPECS
Engine: Two-litre four-cylinder turbo
Power: 235hp
Torque: 350Nm
Transmission: Nine-speed automatic
Price: From Dh167,500 ($45,000)
On sale: Now
In Full Flight: A Story of Africa and Atonement
John Heminway, Knopff
Dubai World Cup Carnival card:
6.30pm: Handicap (Turf) | US$175,000 | 2,410 metres
7.05pm: UAE 1000 Guineas Trial Conditions (Dirt) | $100,000 | 1,400m
7.40pm: Handicap (T) | $145,000 | 1,000m
8.15pm: Dubawi Stakes Group 3 (D) | $200,000 | 1,200m
8.50pm: Singspiel Stakes Group 3 (T) | $200,000 | 1,800m
9.25pm: Handicap (T) | $175,000 | 1,400m
BLACKBERRY
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Tributes from the UAE's personal finance community
• Sebastien Aguilar, who heads SimplyFI.org, a non-profit community where people learn to invest Bogleheads’ style
“It is thanks to Jack Bogle’s work that this community exists and thanks to his work that many investors now get the full benefits of long term, buy and hold stock market investing.
Compared to the industry, investing using the common sense approach of a Boglehead saves a lot in costs and guarantees higher returns than the average actively managed fund over the long term.
From a personal perspective, learning how to invest using Bogle’s approach was a turning point in my life. I quickly realised there was no point chasing returns and paying expensive advisers or platforms. Once money is taken care off, you can work on what truly matters, such as family, relationships or other projects. I owe Jack Bogle for that.”
• Sam Instone, director of financial advisory firm AES International
"Thought to have saved investors over a trillion dollars, Jack Bogle’s ideas truly changed the way the world invests. Shaped by his own personal experiences, his philosophy and basic rules for investors challenged the status quo of a self-interested global industry and eventually prevailed. Loathed by many big companies and commission-driven salespeople, he has transformed the way well-informed investors and professional advisers make decisions."
• Demos Kyprianou, a board member of SimplyFI.org
"Jack Bogle for me was a rebel, a revolutionary who changed the industry and gave the little guy like me, a chance. He was also a mentor who inspired me to take the leap and take control of my own finances."
• Steve Cronin, founder of DeadSimpleSaving.com
"Obsessed with reducing fees, Jack Bogle structured Vanguard to be owned by its clients – that way the priority would be fee minimisation for clients rather than profit maximisation for the company.
His real gift to us has been the ability to invest in the stock market (buy and hold for the long term) rather than be forced to speculate (try to make profits in the shorter term) or even worse have others speculate on our behalf.
Bogle has given countless investors the ability to get on with their life while growing their wealth in the background as fast as possible. The Financial Independence movement would barely exist without this."
• Zach Holz, who blogs about financial independence at The Happiest Teacher
"Jack Bogle was one of the greatest forces for wealth democratisation the world has ever seen. He allowed people a way to be free from the parasitical "financial advisers" whose only real concern are the fat fees they get from selling you over-complicated "products" that have caused millions of people all around the world real harm.”
• Tuan Phan, a board member of SimplyFI.org
"In an industry that’s synonymous with greed, Jack Bogle was a lone wolf, swimming against the tide. When others were incentivised to enrich themselves, he stood by the ‘fiduciary’ standard – something that is badly needed in the financial industry of the UAE."
RESULTS
6.30pm Maiden (TB) Dh82.500 (Dirt) 1,400m
Winner Meshakel, Royston Ffrench (jockey), Salem bin Ghadayer (trainer)
7.05pm Handicap (TB) Dh87,500 (D) 1,400m
Winner Gervais, Connor Beasley, Ali Rashid Al Raihe.
7.40pm Handicap (TB) Dh92,500 (Turf) 2,410m
Winner Global Heat, Pat Cosgrave, Saeed bin Suroor.
8.15pm Handicap (TB) Dh105,000 (D) 1,900m
Winner Firnas, Royston Ffrench, Salem bin Ghadayer.
8.50pm UAE 2000 Guineas Trial (TB) Conditions Dh183,650 (D) 1,600m
Winner Rebel’s Romance, William Buick, Charlie Appleby
9.25pm Dubai Trophy (TB) Conditions Dh183,650 (T) 1,200m
Winner Topper Bill, Richard Mullen, Satish Seemar
10pm Handicap (TB) Dh102,500 (T) 1,400m
Winner Wasim, Mickael Barzalona, Ismail Mohammed.
Moon Music
Artist: Coldplay
Label: Parlophone/Atlantic
Number of tracks: 10
Rating: 3/5
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Killing of Qassem Suleimani
The years Ramadan fell in May
Company%20Profile
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