Dev Patel in a scene from Chappie. Stephanie Blomkamp / courtesy Columbia Pictures / AP Photo
Dev Patel in a scene from Chappie. Stephanie Blomkamp / courtesy Columbia Pictures / AP Photo

Chappie tops slow weekend at box office



Neither a hyper-intelligent robot nor Vince Vaughn could save the North American box office this weekend, which is down 38.5 per cent from the same weekend last year, according to Sunday estimates from the box-office firm Rentrak. While Neill Blomkamp's R-rated Chappie might have taken the No 1 spot in its 3,201-cinema debut, its modest US$13.3 million (Dh48.8m) gross is hardly anything to celebrate. It's a career low for Blomkamp, whose previous films Elysium and District 9 debuted at $29.8m and $37.4m, respectively. The distributor Sony remains optimistic about its $49m film starring Hugh Jackman about a police robot (voiced by Sharlto Copley) who learns how to think and feel. The R-rated Vaughn comedy Unfinished Business fared even worse, opening at No 10 to a dismal $4.8 million. The $35m film about a chaotic European business trip also stars Dave Franco and Tom Wilkinson. In its second weekend in cinemas, Will Smith's Focus fell an estimated 46 per cent to take second place with $10m, bringing its domestic total to $34.6m. – AP

Brooks and Hall of Fame pals hold football camp in Buffalo

Forget the friends Garth Brooks might have in low places. The country music star has some high-profile buddies he can count on as well. Such as Jim Kelly and Thurman Thomas, for example. The Pro Football Hall of Famers were among numerous current and former athletes to join Brooks in holding a football camp for more than 100 children at the Buffalo Bills’ practice facility on Sunday. Brooks’s Teammates For Kids foundation holds a camp at each of concert stop. He was in Buffalo closing a six-show, four-night stop as part of Brooks’s first major tour in 15 years. Also taking part in the camp were the new Bills coach Rex Ryan and several players, Buffalo Sabres players, and New England Patriots’ tight end Rob Gronkowski, who grew up in Buffalo. – AP

Emma Watson urges more men to fight for gender equality

The British actress Emma Watson on Sunday urged more men and boys to take a stand for women’s rights and be proud to be feminists in a bid to add momentum to a global campaign to unite men and women for gender equality. Watson, 24, a goodwill ambassador for UN Women, used International Women’s Day to add impetus to the HeForShe campaign that was launched in September last year and encourages men and boys to join the fight for equal rights. So far, 240,000 men have pledged their commitment online, according to the HeForShe website, including the US President Barack Obama and the actor Matt Damon, but there is a target to mobilise one billion men and boys by July. “There has been a groundswell of support but we need more men to take a stand for gender equality,” Watson told a discussion on gender equality at Facebook’s London headquarters. “Men often think that feminism is a women’s word ... but if you stand for gender equality, you are a feminist.” Watson said the campaign was not about men saving women and also called upon women to support the campaign. “It’s uncomfortable and awkward for women to acknowledge there is a problem, but we need to understand we are complicit.” – Reuters

Zarine Khan set for Telugu debut

The Bollywood actress Zarine Khan, who has worked in films such as Veer and Housefull 2, is set to make her Telugu debut in an as-yet-untitled film opposite the actor Meka Srikanth. "Zarine has been finalised as one of the leads in the film. She is paired with Srikanth and will join the sets of the film later this month," a source said. To be directed by Sudhir Raju, the film will go into production soon and also features Esther Noronha and Prachi Sinha in important roles. Khan's forthcoming films include The Legend of Michael Mishra, due out on March 20, and DOA: Death of Amar, which will be released sometime this year. – IANS

Tree of Hell

Starring: Raed Zeno, Hadi Awada, Dr Mohammad Abdalla

Director: Raed Zeno

Rating: 4/5

The National's picks

4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young

Company%C2%A0profile
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What is hepatitis?

Hepatitis is an inflammation of the liver, which can lead to fibrosis (scarring), cirrhosis or liver cancer.

There are 5 main hepatitis viruses, referred to as types A, B, C, D and E.

Hepatitis C is mostly transmitted through exposure to infective blood. This can occur through blood transfusions, contaminated injections during medical procedures, and through injecting drugs. Sexual transmission is also possible, but is much less common.

People infected with hepatitis C experience few or no symptoms, meaning they can live with the virus for years without being diagnosed. This delay in treatment can increase the risk of significant liver damage.

There are an estimated 170 million carriers of Hepatitis C around the world.

The virus causes approximately 399,000 fatalities each year worldwide, according to WHO.

 

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.”

2025 Fifa Club World Cup groups

Group A: Palmeiras, Porto, Al Ahly, Inter Miami.

Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.

Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.

Group D: Flamengo, ES Tunis, Chelsea, (Leon banned).

Group E: River Plate, Urawa, Monterrey, Inter Milan.

Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.

Group G: Manchester City, Wydad, Al Ain, Juventus.

Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.

The%20specs
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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" 

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.

WHAT%20IS%20THE%20LICENSING%20PROCESS%20FOR%20VARA%3F
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COMPANY%20PROFILE
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