A bag for both
The ever-popular Sarah's Bag has released yet another hit, and this time both men and women can enjoy it. These unisex laptop bags add some flair to your average black zip-up and lend a vintage feel to any outfit. Available in typewriter and stereo styles.
Dh1450, Marami, Dubai Mall, 04 434 3536
Fake or real?
We love a good game to jog our fading memory. This "Fake For Real" version isn't your run of the mill memory game though - not only does it test your mind but it also tests your perception of what you consider real. Whether it's Pepsi or Coca-Cola or a scene from the cartoon Finding Nemo or a photo of two real fish in water, we had to take a second look before differentiating between the real and the fake.
Dh155, S*uce, Marina Mall, 02 681 8650; Village Mall, 04 344 7270; Dubai Mall, 04 344 7270
Wear the flowers in your hair
With spring not so far away, our wardrobes are moving from a solid stream of black and navy to whites, pastels and florals. And what better way to become a flower child than to put them around your head? We don't mean Hawaiian lei girl-style, but rather this ladylike Dolce&Gabbana headband. The change in seasons may not be here yet but we're sure these beauties won't be around for too long, even at their extravagant price.
Dh5,500, Dubai Mall, 04 330 8566; Mall of the Emirates, 04 341 0626 and elsewhere
Travel the London way
When it comes to travel we're on the ball in the style department - until it comes to our luggage, that is. Our oversized beat-up plastic suitcases just don't cut it as we're wheeling through the terminal. Trust Asprey to come up with a new "Londoner" suitcase to do justice to our in-flight fashion sense. This glamorous trunk ticks all the right boxes: old-school charm, rich purple colour and contrasting strap.
From Dh10,850, Asprey, Mall of the Emirates, 04 341 0641
Website of the week
www.boutiques.com
The masters at Google solved our online shopping problems with one easy website. All you need to do is "Create Your Boutique" in six easy steps. First comes the "Stylyzer", which shows you a selection of runway, street style and magazine images and has you pick which is more your style. Next comes the sign-up while they calculate your style. Then you pick your favourite top, bottom and dress styles, and finally choose the designers you love. The system learns your style and directs you towards shopping websites and looks that work for you. All the more reason to shop online that little bit more.
A bargain bonanza
Get your wallets and credit cards at the ready as this year's Dubai Shopping Festival aims to be bigger and better. The 32-day shopping event that started Thursday will run until February 20 with thousands of retailers joining in the festivities and dropping their prices by as much as 75 percent. With these discounts, shopping never felt so good.
Lights, camera, action!
We tend to glaze over when people start talking gadgets. When it comes to cameras, you'll find us siding with the point-and-press types. But this little beauty caught our eye, and not just because it's pink. The Canon Ixus 1000 HS (standing for high sensitivity) celebrates a decade of the Ixus brand and gives long zoom quality in a super-compact frame. It has a 10 megapixel resolution and we love the fact we can shoot movies at 24 frames per second, then play them back by hooking up the camera to the television. You can rattle off 3.7 photos per second at the maximum resolution or up to 8.8 frames per second at the lowest, making it ideal to capture action shots. Now there's no excuse to miss any of the goings-on at your next girlie get-together.
Canon Ixus 1000 HS in pink, silver and brown, Dh1,499, in leading electronics outlets and Canon showrooms in Dubai Mall and Mirdif City Centre
South Africa v India schedule
Tests: 1st Test Jan 5-9, Cape Town; 2nd Test Jan 13-17, Centurion; 3rd Test Jan 24-28, Johannesburg
ODIs: 1st ODI Feb 1, Durban; 2nd ODI Feb 4, Centurion; 3rd ODI Feb 7, Cape Town; 4th ODI Feb 10, Johannesburg; 5th ODI Feb 13, Port Elizabeth; 6th ODI Feb 16, Centurion
T20Is: 1st T20I Feb 18, Johannesburg; 2nd T20I Feb 21, Centurion; 3rd T20I Feb 24, Cape Town
Bareilly Ki Barfi
Directed by: Ashwiny Iyer Tiwari
Starring: Kriti Sanon, Ayushmann Khurrana, Rajkummar Rao
Three and a half stars
Killing of Qassem Suleimani
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
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
Sweet%20Tooth
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The specs: 2018 Maxus T60
Price, base / as tested: Dh48,000
Engine: 2.4-litre four-cylinder
Power: 136hp @ 1,600rpm
Torque: 360Nm @ 1,600 rpm
Transmission: Five-speed manual
Fuel consumption, combined: 9.1L / 100km
Company%20Profile
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Takestep%0D%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%20March%202018%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Mohamed%20Khashaba%2C%20Mohamed%20Abdallah%2C%20Mohamed%20Adel%20Wafiq%20and%20Ayman%20Taha%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Cairo%2C%20Egypt%0D%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20health%20technology%0D%3Cbr%3E%3Cstrong%3EEmployees%3A%3C%2Fstrong%3E%20%2011%20full%20time%20and%2022%20part%20time%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20pre-Series%20A%3C%2Fp%3E%0A
The specs
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
SPECS
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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.”
COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
360Vuz PROFILE
Date started: January 2017
Founder: Khaled Zaatarah
Based: Dubai and Los Angeles
Sector: Technology
Size: 21 employees
Funding: $7 million
Investors: Shorooq Partners, KBW Ventures, Vision Ventures, Hala Ventures, 500Startups, Plug and Play, Magnus Olsson, Samih Toukan, Jonathan Labin
The bio
Studied up to grade 12 in Vatanappally, a village in India’s southern Thrissur district
Was a middle distance state athletics champion in school
Enjoys driving to Fujairah and Ras Al Khaimah with family
His dream is to continue working as a social worker and help people
Has seven diaries in which he has jotted down notes about his work and money he earned
Keeps the diaries in his car to remember his journey in the Emirates
What can you do?
Document everything immediately; including dates, times, locations and witnesses
Seek professional advice from a legal expert
You can report an incident to HR or an immediate supervisor
You can use the Ministry of Human Resources and Emiratisation’s dedicated hotline
In criminal cases, you can contact the police for additional support
Joe Root's Test record
Tests: 53; Innings: 98; Not outs: 11; Runs: 4,594; Best score: 254; Average: 52.80; 100s: 11; 50s: 27