A time to mourn



Two high-profile deaths, one expected and one utterly unexpected, shocked in equal measure. The passing of the reality TV star Jade Goody in a maelstrom of publicity happened quietly and in her sleep, for which we must be thankful. One of the most distressing episodes in her long drawn out battle with cervical cancer was her panic when the pain raged out of control. In the end, she just went to sleep and didn't wake up and there was a frisson of shock that such a larger-than-life character had really gone.

For all her faults, she was held in great affection by many people and it is significant that in her wedding dress with her bald head, she looked quite beautiful and ethereal. She is unlikely to rest in peace, however, as there is an unseemly scramble to make a movie about her life and to rush out an old autobiography with a new title. Catch a Falling Star, Goody's second book, has been retitled Jade: Fighting to the End. The publisher says the profits will go to her sons, but the family is not best pleased.

The actor Stephen Fry described Goody as "a kind of Princess Di from the wrong side of the tracks", which at first seemed to me to be an over-the-top sentiment, but it appears that certain sections of the public will not be denied its mourning spectacle with its mounds of fresh flowers, sad little notes, teddy bears and weeping fans, all captured for posterity by camera crews. One positive outcome of her death is undeniable. Some hospitals are reporting a 20 per cent increase in the numbers of young women coming forward to be checked for cervical cancer. Goody admitted that she ignored several letters warning her that she needed to have abnormal cells removed.

The death of the actress Natasha Richardson after a freak skiing accident is no less of a warning to others, in this case to seek immediate hospital treatment for head injuries. It shouldn't matter that she was beautiful, blonde and talented and deliriously in love with her handsome husband, the actor Liam Neeson with whom she has two fine sons, but it does make the pictures in the newspapers all the more poignant.

It was painful to witness the anguished look in Neeson's eyes as he mourned his lovely wife or to read about how Richardson's mother Vanessa Redgrave stroked her face and sang the song Edelweiss to her daughter in her last minutes. The veteran actress performed the song from The Sound of Music at her wedding. If ever there was a reminder that death does not respect humans, it was these two passings. It makes you want to go out and hug your children and your parents and anybody you care about and to live every day as if it was your last.

When I was a young reporter I covered the 40th anniversary of D Day in Normandy, France attended by the President of the United States, Ronald Reagan, and Her Majesty Queen Elizabeth ll. It was a solemn and dignified occasion and one couldn't help being moved by the sight of rows and rows of white crosses on beautifully tended graves, many of them looked after by French schoolchildren. As the wife of a former officer in the Parachute Regiment I was particularly interested in the airborne landings and went to a ceremony at Pegasus Bridge, near where the first paratrooper touched down. There I met a lovely old French farmer who claimed to be the first person to greet the soldiers as a young boy. Every year since then he held a party in one of his barns to entertain the surviving airborne troops.

What was so touching was the way those old soldiers were cherished by the local people, along with the dead, which is why, along with many others, I was so disappointed with the UK's Ministry of Defence for turning down an appeal from D Day veterans' associations to help the dwindling band of "old and bold" pay their respects one last time for the 65th anniversary on June 6. It was particularly galling that the UK prime minister Gordon Brown did not intend to go.

And then President Obama, with a sureness of touch, announced that he would be attending and, lo and behold, Mr Brown does a U turn and the funds are suddenly going to be made available to finance the trips. It was a huge misjudgement of public feeling by the UK government and for them to understand that ordinary people, while they might object to the wars, have always supported the warriors. The US has always recognised its obligation to the men and women it sends into battle, with its GI Bill, whereby military personnel returning from conflict zones get all sorts of help and retraining along with low cost loans to help set them up again. The UK government lags badly behind and, having closed its special military hospitals, it puts wounded servicemen into state-run National Health hospitals, where they are at risk of being abused by anti-war protesters.

In recent years the UK government's attitude towards milestone anniversaries has been that we can't go on making a fuss every five or 10 years about a war that ended in 1945. You've had your 60th and that's your lot. The row over the 65th just goes to show that if they don't, while there are still white-haired veterans prepared to pin on their medals proudly and remember fallen comrades, the politicians of whatever party will end up with very bloody noses.

The young Chinese concert pianist Lang Lang was in sparkling form after his brilliant concert at the Emirates Palace last week. A most engaging young man with oodles of natural charm and a maturity beyond his 26 years, he has not become big-headed or super-sophisticated despite having been feted in the world's top concert halls. At dinner, he enthused about the numbers of talented youngsters from China that will soon be snapping at his heels. He clearly spends a great deal of time encouraging them and he laughed about how they all think he's an old man. One young prodigy of about 13 played for him and then asked him for advice. "I told him to stop practising," joked Lang Lang. "I don't want them getting to be better than me."

Also at dinner was another superstar, the very modest Glenn Close, who describes herself firmly as an actress rather than an actor. "I know actor is a stronger word but I've always said actress because that's what I am," she said. Her husband David Shaw, a businessman in biotechnology, was off at a conference that evening. I asked her how her artistic life and his mixed and she said it was "challenging". "I am very much a right-brain artist and he is very much a left-brain linear thinker. We have to come up with a common language. With my people (she meant thespians) we tumble over each other and can finish each other's sentences. He is always telling me to finish my sentences."

In my interview with Andrea Bocelli published on Tuesday, I wrote about a concert version of the opera Faust he was to appear in at the Teatro Massimo in Palermo, Sicily. Unfortunately, a strike by opera workers scuppered both of the scheduled performances. Italian opera workers have been fighting with the government for several years now over public money to help theatre production. Consequently, national opera houses such as Milan's La Scala have suffered from last-minute strikes. Fortunately for Bocelli fans in the UAE, a spokesman for the Abu Dhabi Music & Arts Festival (ADMAF) assures me that the virtuoso's concert at the Emirates Palace on Friday will not be affected.

Volvo ES90 Specs

Engine: Electric single motor (96kW), twin motor (106kW) and twin motor performance (106kW)

Power: 333hp, 449hp, 680hp

Torque: 480Nm, 670Nm, 870Nm

On sale: Later in 2025 or early 2026, depending on region

Price: Exact regional pricing TBA

Skewed figures

In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458. 

Game Changer

Director: Shankar 

Stars: Ram Charan, Kiara Advani, Anjali, S J Suryah, Jayaram

Rating: 2/5

Tree of Hell

Starring: Raed Zeno, Hadi Awada, Dr Mohammad Abdalla

Director: Raed Zeno

Rating: 4/5

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Other workplace saving schemes
  • The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
  • Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
  • National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
  • In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
  • Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
The Bio

Ram Buxani earned a salary of 125 rupees per month in 1959

Indian currency was then legal tender in the Trucial States.

He received the wages plus food, accommodation, a haircut and cinema ticket twice a month and actuals for shaving and laundry expenses

Buxani followed in his father’s footsteps when he applied for a job overseas

His father Jivat Ram worked in general merchandize store in Gibraltar and the Canary Islands in the early 1930s

Buxani grew the UAE business over several sectors from retail to financial services but is attached to the original textile business

He talks in detail about natural fibres, the texture of cloth, mirrorwork and embroidery 

Buxani lives by a simple philosophy – do good to all

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Ticket prices
  • Golden circle - Dh995
  • Floor Standing - Dh495
  • Lower Bowl Platinum - Dh95
  • Lower Bowl premium - Dh795
  • Lower Bowl Plus - Dh695
  • Lower Bowl Standard- Dh595
  • Upper Bowl Premium - Dh395
  • Upper Bowl standard - Dh295
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MATCH INFO

World Cup qualifier

Thailand 2 (Dangda 26', Panya 51')

UAE 1 (Mabkhout 45 2')

The Great Derangement: Climate Change and the Unthinkable
Amitav Ghosh, University of Chicago Press

Fitness problems in men's tennis

Andy Murray - hip

Novak Djokovic - elbow

Roger Federer - back

Stan Wawrinka - knee

Kei Nishikori - wrist

Marin Cilic - adductor

The biog

Hometown: Cairo

Age: 37

Favourite TV series: The Handmaid’s Tale, Black Mirror

Favourite anime series: Death Note, One Piece and Hellsing

Favourite book: Designing Brand Identity, Fifth Edition

 


 

NO OTHER LAND

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

Stars: Basel Adra, Yuval Abraham

Rating: 3.5/5

The Brutalist

Director: Brady Corbet

Stars: Adrien Brody, Felicity Jones, Guy Pearce, Joe Alwyn

Rating: 3.5/5

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
Emirates exiles

Will Wilson is not the first player to have attained high-class representative honours after first learning to play rugby on the playing fields of UAE.

Jonny Macdonald
Abu Dhabi-born and raised, the current Jebel Ali Dragons assistant coach was selected to play for Scotland at the Hong Kong Sevens in 2011.

Jordan Onojaife
Having started rugby by chance when the Jumeirah College team were short of players, he later won the World Under 20 Championship with England.

Devante Onojaife
Followed older brother Jordan into England age-group rugby, as well as the pro game at Northampton Saints, but recently switched allegiance to Scotland.

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Ant-Man and the Wasp

Director: Peyton Reed

Starring: Paul Rudd, Evangeline Lilly, Michael Douglas

Three stars

The Sand Castle

Director: Matty Brown

Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea

Rating: 2.5/5

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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.”

Meghan%20podcast
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Company%C2%A0profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3EOutsized%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2016%0D%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EAzeem%20Zainulbhai%2C%20Niclas%20Thelander%2C%20Anurag%20Bhalla%20and%20Johann%20van%20Niekerk%20%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EIndia%2C%20South%20Africa%2C%20South-East%20Asia%2C%20Mena%0D%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20Recruitment%0D%3Cbr%3E%3Cstrong%3EInvestment%20raised%3A%3C%2Fstrong%3E%20%241%20million%0D%3Cbr%3E%3Cstrong%3ECurrent%20staff%20count%3A%3C%2Fstrong%3E%2040%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3ESeed%20and%20angel%20investors%0D%3Cbr%3E%3C%2Fp%3E%0A

Simran

Director Hansal Mehta

Stars: Kangana Ranaut, Soham Shah, Esha Tiwari Pandey

Three stars

Expert advice

“Join in with a group like Cycle Safe Dubai or TrainYAS, where you’ll meet like-minded people and always have support on hand.”

Stewart Howison, co-founder of Cycle Safe Dubai and owner of Revolution Cycles

“When you sweat a lot, you lose a lot of salt and other electrolytes from your body. If your electrolytes drop enough, you will be at risk of cramping. To prevent salt deficiency, simply add an electrolyte mix to your water.”

Cornelia Gloor, head of RAK Hospital’s Rehabilitation and Physiotherapy Centre 

“Don’t make the mistake of thinking you can ride as fast or as far during the summer as you do in cooler weather. The heat will make you expend more energy to maintain a speed that might normally be comfortable, so pace yourself when riding during the hotter parts of the day.”

Chandrashekar Nandi, physiotherapist at Burjeel Hospital in Dubai
 

ALRAWABI%20SCHOOL%20FOR%20GIRLS
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UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

A MINECRAFT MOVIE

Director: Jared Hess

Starring: Jack Black, Jennifer Coolidge, Jason Momoa

Rating: 3/5