The B12 Falcon knife, inlaid with 10,000-year-old mammoth ivory costs Dh50,000, is one of many high-end knives that will be showcased at Adihex. Photo courtesy Tamreen Sports
The B12 Falcon knife, inlaid with 10,000-year-old mammoth ivory costs Dh50,000, is one of many high-end knives that will be showcased at Adihex. Photo courtesy Tamreen Sports

Knives galore at Abu Dhabi hunting and equestrian exhibition



ABU DHABI // A knife sporting 10,000-year-old mammoth ivory will provide a slice of prehistoric glamour for the 100,000 people expected to attend this week's Abu Dhabi International Hunting and Equestrian Exhibition.

The unique weapon, which costs Dh50,000, is one of many high-end knives that will be showcased at the exhibition centre by Tamreen Sports. Others include five knives themed around the Sheikh Zayed Grand Mosque, at Dh70,000 each, and 100 knives featuring camel bone handles, at Dh1,300 each.

Mohammed Alamiri, Tamreen's manager and a knife collector, said the company preferred using mammoth ivory over elephant ivory.

"Elephants are endangered, but mammoths are already extinct. The process of preparing fossils and fossilised mammoth teeth is difficult, but it adds a lot of beauty."

The mammoth ivory on the B12 Falcon knife - which is used to depict a falcon - was found in Siberia and Alaska, on land and in the sea.

Each of the five mosque-themed knives, which took eight months to make, features a hand-engraved portrait of the mosque on one side and the mosque's floral theme, inlaid with gold and diamond button locks, on the other. The engraving took more than 200 hours.

A renowned samurai sword maker in Siki, Japan, hand-ground the blades.

All the knives - including the E10-UAE camel handled edition - were crafted by the US knife manufacturer William Henry Studio.

"The camel is a big part of our heritage," said Mr Alamiri. "It was the first time William Henry ever made a knife out of camel bone. We're starting out with 100 pieces, each worth Dh1,300.

"These items are exclusive to whoever owns them and, to the owners, they represent what they like about being a hunter. All these knives are functional and carry a lifetime warranty, certificate of authenticity and serial number."

Mr Alamiri's company will also showcase its Abu Dhabi manufactured Batik knives and hold knife-making and knife-testing shows.

Adihex, the region's largest international hunting and equestrian exhibition, opens tomorrow and closes on Saturday evening.

Visitors can take part in shows, competitions and exhibitions showcasing Emirati culture; ranging from Emirati horsemanship to a saluki beauty competition.

There will be more than 600 international exhibitors from 40 countries with stalls for hunting tourism, archery, equestrian, falconry, weaponry, sports, vehicles, and arts and crafts, as well as veterinary and pharmaceutical stalls.

Prizes worth Dh500,000 will be up for grabs in competitions featuring Arabic coffee brewing, poetry, salukis, falcons, painting and photography. A further Dh25,000, 10 iPhones and 10 iPads can also be won in a raffle.

Programme details for the event being held at the Abu Dhabi National Exhibition Centre were released yesterday.

Mohammed Al Mazrouei, the Adihex organising committee chairman, said previous editions had gained international recognition.

"In the UAE, we continuously strive to create platforms that enable us to showcase the unique culture of this beautiful country, in distinctive ways, to a global audience," he said.

Abu Dhabi's heritage festivals, he said, reflected "the great keenness of the UAE in reviving heritage and preserving the symbols of deep-rooted Arab culture that the people of this region have associated with since ancient times".

Abdulla Al Qubaisi, the Adihex director, said the exhibition would showcase the culture and heritage that had shaped the Arab persona.

"Exhibitors will incorporate old and new, in an attempt to support the exhibition's objective in supporting, promoting and maintaining heritage, traditions and authentic values," he said.

The Emirati self-titled "Bedouin horsemaster", Ali Al Ameri, and his son, Suhail, 23, will perform horse tricks and the Abu Dhabi Police will hold a sniffer dog demonstration.

Al Ain Zoo will also take part, with staff educating visitors about desert wildlife and hosting shows featuring parrots and other birds.

For details on weapon purchasing procedures and more information on Adihex visit www.adihex.net.

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.
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BEST FILM

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  • THE IRISHMAN - Martin Scorsese
  • JOKER - Todd Phillips
  • ONCE UPON A TIME… IN HOLLYWOOD - Quentin Tarantino
  • PARASITE - Bong Joon-ho

OUTSTANDING BRITISH FILM

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  • FOR SAMA - Waad al-Kateab, Edward Watts
  • ROCKETMAN - Dexter Fletcher, Adam Bohling, David Furnish, David Reid, Matthew Vaughn, Lee Hall
  • SORRY WE MISSED YOU  - Ken Loach, Rebecca O’Brien, Paul Laverty
  • THE TWO POPES - Fernando Meirelles, Jonathan Eirich, Dan Lin, Tracey Seaward, Anthony McCarten

FILM NOT IN THE ENGLISH LANGUAGE

  • THE FAREWELL - Lulu Wang, Daniele Melia
  • FOR SAMA - Waad al-Kateab, Edward Watts
  • PAIN AND GLORY - Pedro Almodóvar, Agustín Almodóvar
  • PARASITE - Bong Joon-ho
  • PORTRAIT OF A LADY ON FIRE - Céline Sciamma, Bénédicte Couvreur

LEADING ACTRESS

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  • SCARLETT JOHANSSON - Marriage Story
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LEADING ACTOR

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  • ADAM DRIVER - Marriage Story
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SUPPORTING ACTOR

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SUPPORTING ACTRESS

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  • JOJO RABBIT - Taika Waititi
  • JOKER - Todd Phillips, Scott Silver
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  • THE TWO POPES - Anthony McCarten

ORIGINAL SCREENPLAY

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  • ONCE UPON A TIME… IN HOLLYWOOD - Quentin Tarantino
  • PARASITE - Han Jin Won, Bong Joon ho

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  • APOLLO 11 - Todd Douglas Miller
  • DIEGO MARADONA - Asif Kapadia
  • FOR SAMA - Waad al-Kateab, Edward Watts
  • THE GREAT HACK - Karim Amer, Jehane Noujaime

OUTSTANDING DEBUT BY A BRITISH WRITER, DIRECTOR OR PRODUCER

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  • FOR SAMA - Waad al-Kateab (Director/Producer), Edward Watts (Director)
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ANIMATED FILM

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EE RISING STAR AWARD (voted for by the public)

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BRITISH SHORT FILM

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BRITISH SHORT ANIMATION

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Name: Peter Dicce

Title: Assistant dean of students and director of athletics

Favourite sport: soccer

Favourite team: Bayern Munich

Favourite player: Franz Beckenbauer

Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates 

 

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Company profile

Name: Infinite8

Based: Dubai

Launch year: 2017

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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.”