Nigerian poet and novelist Ben Okri. Roberto Ricciuti / Getty Images
Nigerian poet and novelist Ben Okri. Roberto Ricciuti / Getty Images

The big names attending Sharjah International Book Fair 2015



Award-winning authors, acting legends, acclaimed poets, celebrity chefs and a host of popular authors from South Asia are coming to The Sharjah International Book Fair. Arguably the biggest literary event in the Gulf, the 11-day festival runs from November 4 and will boast 1.5 million book titles and nearly 900 events including sessions and workshops. “The Sharjah International Book Fair continues to gain in popularity and play a role in enriching cultural communication, inspired by the vision of His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah,” said the book fair’s chairman Ahmed bin Rakkad Al Ameri. “This year the festival will include 890 local and Arab publishing houses, and see the participation of 433 by foreign publishing houses.”

International names

Leading the foreign guest list is Nigerian writer and Man Booker prize winner Ben Okri, who won for his 1991 book The Famished Road. Okri will take part in a panel discussion titled The Magic of Storytelling: Exploring the Imagination. Okri's work has been translated into 26 languages and won numerous international prizes including the Commonwealth Writer's Prize for Africa and the Paris Review Aga Khan Prize for Fiction. He will also share insights about his most recent work, The Age of Magic - his first novel in seven years.

An interesting session would be of British author John McCarthy, who was held hostage in Lebanon for over five years. After his release, he has written books such as Some Other Rainbow, A Ghost Upon Your Path and You Can't Hide The Sun. The other names to watch out for are American novelist and poet Leza Lowitz, Daren Shan, author of bestselling young adult books in Ireland, Japanese novelist and translator Shogo Oketani and Philippine illustrator and graphic designer Kerby Rosanes.

The Asian contingent

Expect tosee Pakistani writers Fatima Bhutto, known for her novels Songs of Blood and Sword and The Shadow of the Crescent Moon, and Democracy; novelist and satirical writer Moni Mohsin and author of short stories Aamer Hussein. Her best-selling books The Diary of a Social Butterfly and The Return of the Butterfly are based on her long-running column in the Pakistani weekly newspaper The Friday Times.

Indian authors include management expert Gurcharan Das, award-winning poet K Sachidanandan, and writer and social activist Sudha Murthy, who has endeared herself to readers young and old with books such as Wise and Otherwise and The Day I stopped Drinking Milk. The India pavilion also has plenty of star power: Malayalam superstar and writer Mohanlal, and actress and playwright Nandita Das will make an appearance. Also in the line-up are Bangladeshi novelist Anisul Hoque, prominent Nepali poet-writer Arun Budhathoki, Burmese poet Ko Ko Thett, and Sri Lankan wildlife and travel writer Gehan de Silva Wijeyeratne.

Regional stars

Arab intellectuals include Egyptian actor Mohamed Sobhy and Egyptian ambassador and political writer Dr Mustafa Al Fiqi, as well as various winners of the International prize for Arabic Fiction, led by Tunisian writer and academic, Dr Shukri Al Mabkhout, who won the Booker Prize 2015 for Al Talyani (The Italian), and three members of the prize jury including Saudi critic and intellectual Dr Saad Al Bazie, Moroccan writer and critic Dr Mohamed Berrada, and Omani poet Saif Al Rahba.

For the kids

Besides sessions with top children’s authors, workshops and cooking classes, the fair for the first time has a comic-books stand – a collaboration with ComicCave, the largest distributor of comic products in the UAE.

artslife@thenational.ae

Day 1 results:

Open Men (bonus points in brackets)
New Zealand 125 (1) beat UAE 111 (3)
India 111 (4) beat Singapore 75 (0)
South Africa 66 (2) beat Sri Lanka 57 (2)
Australia 126 (4) beat Malaysia -16 (0)

Open Women
New Zealand 64 (2) beat South Africa 57 (2)
England 69 (3) beat UAE 63 (1)
Australia 124 (4) beat UAE 23 (0)
New Zealand 74 (2) beat England 55 (2)

NO OTHER LAND

Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal

Stars: Basel Adra, Yuval Abraham

Rating: 3.5/5

Election pledges on migration

CDU: "Now is the time to control the German borders and enforce strict border rejections" 

SPD: "Border closures and blanket rejections at internal borders contradict the spirit of a common area of freedom" 

Five expert hiking tips
    Always check the weather forecast before setting off Make sure you have plenty of water Set off early to avoid sudden weather changes in the afternoon Wear appropriate clothing and footwear Take your litter home with you
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.

Vidaamuyarchi

Director: Magizh Thirumeni

Stars: Ajith Kumar, Arjun Sarja, Trisha Krishnan, Regina Cassandra

Rating: 4/5

 

'Shakuntala Devi'

Starring: Vidya Balan, Sanya Malhotra

Director: Anu Menon

Rating: Three out of five stars

Results

7pm: Wathba Stallions Cup – Handicap (PA) Dh70,000 (Dirt) 1,600m; Winner: RB Kings Bay, Abdul Aziz Al Balushi (jockey), Helal Al Alawi (trainer)

7.30pm: Maiden (PA) Dh 70,000 (D) 1,600m; Winner: AF Ensito, Fernando Jara, Mohamed Daggash

8pm: Maiden (PA) Dh70,000 (D) 1,400m; Winner: AF Sourouh, Tadhg O’Shea, Ernst Oertel

8.30pm: Maiden (PA) Dh70,000 (D) 1,800m; Winner: Baaher, Fabrice Veron, Eric Lemartinel

9pm: Maiden (PA) Dh70,000 (D) 2,000m; Winner: Mootahady, Antonio Fresu, Eric Lemartinel

9.30pm: Handicap (TB) Dh70,000 (D) 2,000m; Winner: Dubai Canal, Tadhg O’Shea, Satish Seemar

10pm: Al Ain Cup – Prestige (PA) Dh100,000 (D) 2,000m; Winner: Harrab, Bernardo Pinheiro, Majed Al Jahouri

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)
The White Lotus: Season three

Creator: Mike White

Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell

Rating: 4.5/5

Bookshops: A Reader's History by Jorge Carrión (translated from the Spanish by Peter Bush),
Biblioasis

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 
'Top Gun: Maverick'

Rating: 4/5

 

Directed by: Joseph Kosinski

 

Starring: Tom Cruise, Val Kilmer, Jennifer Connelly, Jon Hamm, Miles Teller, Glen Powell, Ed Harris

 
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EDate%20started%3A%3C%2Fstrong%3E%202020%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Khaldoon%20Bushnaq%20and%20Tariq%20Seksek%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Abu%20Dhabi%20Global%20Market%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20HealthTech%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%20100%3Cbr%3E%3Cstrong%3EFunding%20to%20date%3A%3C%2Fstrong%3E%20%2415%20million%3C%2Fp%3E%0A
The biog

Name: Samar Frost

Born: Abu Dhabi

Hobbies: Singing, music and socialising with friends

Favourite singer: Adele

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.”