Peter White, Steve Harris and Slim, headliners at the UAE’s Laughter Factory. Photo by Rob Garratt
Peter White, Steve Harris and Slim, headliners at the UAE’s Laughter Factory. Photo by Rob Garratt

This month’s Laughter Factory might be the most surreal comedy gig I’ve ever seen



This month’s Laughter Factory might be the most surreal comedy gig I’ve ever seen. Not in the weird, cerebral, performance-art, trying to be surreal sense — this was straight, everyday, observational stand-up all the way.

But straight stand up-performed as if the world is about to end, and the assembled audience members have been trapped in this room against their will, destined to live out their final hours on earth together.

It wasn’t a packed crowd at Societe on Tuesday (August 18) night. But by the end of the evening it seemed everyone had their turn to shine. We were on a friendly basis with the murderous Finnish mute, the mysterious Russian bride, and the attention-seeking British man who always had a better punchline than the comic. And the confused cycling club who appeared to be out on an annual night out.

The blame and praise can largely be placed with Steve Harris who, in a clear state of mental disrepair decided he didn’t really need any material, or couldn’t remember it anyhow. So he turned to us for inspiration. When closer Peter White took to the stage he quickly realised the idea of keeping calm and carrying on was not an option.

There’s heckling. There’s audience participation. There’s call and response. There’s picking on the front row to fill a memory lapse or failed punchline.

This was none of those things. It was more akin to a communal catharsis. Group therapy. Ghost exorcism. It certainly didn’t feel like stand-up comedy as we know it.

If you caught the show on any other night, chances are you won’t know what I’m talking about. Wanton enthusiasm and journalistic hyperbole ran a-mock. But if you were one of the few dozen in the crowd that night, you’ll know what we shared. Laughs, for sure, too. A sense of danger, the unexpected, perhaps. The feeling the world is ending, even.

But we also shared something more than that — surprise. A signal. A shining example that even in today’s carefully crafted gig environment, comedy can be more than just a performance, but an exchange. Comedy in the UAE can be wild, loose, ungrounded — and truly communal.

PS — After the gig I ran into the three comics, shiftily staking out a corridor. Madonna's Vogue came on. I just had to ask them to strike a pose. That's how the (really quite spectacular) picture above happened.

• The Laugher Factory is at McGettigan's JLT tonight (Wednesday August 19) at 8pm and the Movenpick JBR tomorrow at 9pm (Thursday August 20). Tickets Dh140. I advise you check it out.

HEADLINE HERE
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Citadel: Honey Bunny first episode

Directors: Raj & DK

Stars: Varun Dhawan, Samantha Ruth Prabhu, Kashvi Majmundar, Kay Kay Menon

Rating: 4/5

Nayanthara: Beyond The Fairy Tale

Starring: Nayanthara, Vignesh Shivan, Radhika Sarathkumar, Nagarjuna Akkineni

Director: Amith Krishnan

Rating: 3.5/5

COMPANY%20PROFILE
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F1 2020 calendar

March 15 - Australia, Melbourne; March 22 - Bahrain, Sakhir; April 5 - Vietnam, Hanoi; April 19 - China, Shanghai; May 3 - Netherlands, Zandvoort; May 20 - Spain, Barcelona; May 24 - Monaco, Monaco; June 7 - Azerbaijan, Baku; June 14 - Canada, Montreal; June 28 - France, Le Castellet; July 5 - Austria, Spielberg; July 19 - Great Britain, Silverstone; August 2 - Hungary, Budapest; August 30 - Belgium, Spa; September 6 - Italy, Monza; September 20 - Singapore, Singapore; September 27 - Russia, Sochi; October 11 - Japan, Suzuka; October 25 - United States, Austin; November 1 - Mexico City, Mexico City; November 15 - Brazil, Sao Paulo; November 29 - Abu Dhabi, Abu Dhabi.

UAE currency: the story behind the money in your pockets

Getting there
Flydubai flies direct from Dubai to Tbilisi from Dh1,025 return including taxes

Sinopharm vaccine explained

The Sinopharm vaccine was created using techniques that have been around for decades. 

“This is an inactivated vaccine. Simply what it means is that the virus is taken, cultured and inactivated," said Dr Nawal Al Kaabi, chair of the UAE's National Covid-19 Clinical Management Committee.

"What is left is a skeleton of the virus so it looks like a virus, but it is not live."

This is then injected into the body.

"The body will recognise it and form antibodies but because it is inactive, we will need more than one dose. The body will not develop immunity with one dose," she said.

"You have to be exposed more than one time to what we call the antigen."

The vaccine should offer protection for at least months, but no one knows how long beyond that.

Dr Al Kaabi said early vaccine volunteers in China were given shots last spring and still have antibodies today.

“Since it is inactivated, it will not last forever," she said.

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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.”

The Bio

Favourite vegetable: “I really like the taste of the beetroot, the potatoes and the eggplant we are producing.”

Holiday destination: “I like Paris very much, it’s a city very close to my heart.”

Book: “Das Kapital, by Karl Marx. I am not a communist, but there are a lot of lessons for the capitalist system, if you let it get out of control, and humanity.”

Musician: “I like very much Fairuz, the Lebanese singer, and the other is Umm Kulthum. Fairuz is for listening to in the morning, Umm Kulthum for the night.”

Top 10 most polluted cities
  1. Bhiwadi, India
  2. Ghaziabad, India
  3. Hotan, China
  4. Delhi, India
  5. Jaunpur, India
  6. Faisalabad, Pakistan
  7. Noida, India
  8. Bahawalpur, Pakistan
  9. Peshawar, Pakistan
  10. Bagpat, India
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