AD201010701139982AR
AD201010701139982AR

Finer things



An interesting initiative to come out of the Crisis and Emergency Management Conference in Abu Dhabi this week is a plan to train thousands of people as volunteers. Emiratis and expats alike will be given proper training as part of a national disaster response plan. Outside the police, the military and medical professionals, few people these days would have the first clue what to do if they found themselves in the middle of an earthquake, tsunami, unexpected war, killer virus or chemical or nuclear explosion.

I've always thought that basic survival techniques and first aid should be taught at schools. It's certainly good that governments all over the world are now harnessing the skills of ordinary people who would like to help but don't know how. Volunteers might be asked to focus on organisational skills, but I hope they will also learn how to keep themselves alive and functioning when surrounded by chaos.

When our daughters were young, my husband, a former Parachute Regiment officer, would drag them off on camping trips to prepare them for their Duke of Edinburgh award. He would march them up Pen y Fan, the highest peak in the Brecon Beacons, where the SAS are trained, and show them how to put up a basic shelter, light a fire, sterilise water and find something to eat. They baulked at eating baked hedgehog, but in the unlikely event that either of them found themselves lost on a mountainside I hope they'd remember how to do it.

When they were old enough to drive, my husband insisted they learn how to change a wheel and test the air pressure and oil levels before they hit the roads. They've both had to deal with punctures and, unlike their mother, who phoned the Automobile Association, were able to change wheels and make it to the nearest garage. And when we went on a family skiing trip, my husband taught the girls how to construct a makeshift igloo to keep warm, as well as what to do if they were caught in an avalanche. I was more concerned about how to stop prettily at the end of a ski run. Thanks to him they can do mouth-to-mouth resuscitation, perform the Heimlich manoeuvre and fashion a reasonable tourniquet.

I wanted them to play a decent game of tennis, ride a horse without looking like a sack of potatoes, play the piano to an acceptable level and speak at least one foreign language. My pathetic contribution to their survival involved buying them rape alarms and pepper sprays to put in their handbags. My husband would teach them how to fight for their lives with some alarming tips involving eyeballs and long fingernails. I used to laugh about his ideas about female accomplishments. In an increasingly dangerous and uncertain world I'm not laughing any more. In fact, I wish I'd taken more notice myself. At least I would like to learn how to save a life, especially my own, should it ever become necessary.

Sophie Dahl and Jamie Cullum are by all accounts a lovely couple and very well matched apart from the obvious height difference, something that she says doesn't bother her. Having met and interviewed Cullum, a brilliant young jazz pianist, in Dubai last year, I believe her.

After five minutes in his company or watching his energy fizz from the stage, you forget that he's only five feet, six inches tall. Dahl, 32, is eight inches taller in her stockinged feet. They were married at the weekend in what sounds like a magical, snow-clad setting at a Regency country house in the New Forest, Hampshire. The candlelit ceremony was held in a room filled with stylish white roses, blue eucalyptus and black hypericum, and decorated with hundreds of twinkling fairy lights.

The bride wore an ivory designer dress and, I would hazard a guess, either flats or very low heels. And it's reported that the couple turned down a sizeable offer from a celebrity magazine that wanted to cover the wedding. Good for them. No bride wants to have her big day ruined when she wakes up the next day to see unflattering pictures splashed across the tabloids - and you can be sure they would have emphasised the height difference. Ever since Dahl and Cullum teamed up they've had to endure endless snide remarks about it, including "the odd couple" and "little and large". It must be very tiresome.

By hiring her own photographer and banning any other cameras, Dahl has control over what is released to the press, as I sincerely hope it will be with her blessing. Will he be standing on a box or will she be sitting down? I don't care. They're both gorgeous and I would like to see how happy they looked on their winter wonderland wedding day. A sizeable problem for fashionable women If a pair of size 42 women's shoes exists in any shop in the UAE, I would be very pleased to hear about them. It would save me endless furious hours tramping around the malls looking for a special pair of silver sandals to wear to an evening wedding.

When I read my colleague Sophia Money-Coutts' article chronicling similarly frustrating trips, I felt slightly less like a freak, but a straw poll among friends revealed that we are a sadly neglected but rapidly growing sector. There was a time when women would die rather than admit their shoe size if it was more than seven (UK41). In those days, big feet were often the source of much cruel humour. After her husband Carl Bernstein (of Watergate fame) had an affair with Margaret Jay (then the wife of the British Ambassador to Washington), the American author Nora Ephron ridiculed her rival by saying she could wear her new lover's shoes. The late Vivien Merchant, the British actress whose husband the playwright Harold Pinter left her for Lady Antonia Fraser, also made similar jokes about the size of Fraser's feet.

But the plain fact of the matter is that women's feet are getting bigger along with the rest of their proportions. A recent study in the UK revealed that medical experts put it down to the obesity epidemic, something that is of serious concern in the UAE. They point to high-density goods such as pizza being eaten during puberty and stimulating the growth hormone. Their findings are of absolutely no comfort when you are looking for a pretty pair of shoes for a special occasion. As I discovered at the weekend, few high-end shops stock anything over size 41. It's a complete waste of time examining the shoes on display, as they never have my size. I ended up marching straight up to the counter and asking if they had any shoes at all, any colour, any style in size 42. Shop assistants actually giggled nervously, examining me as if a yeti had just walked through the door. No wonder their shops are empty. They don't know how close to death they came that afternoon.

What constitutes a luxury very much depends on how much money you earn and where you live. In the UK, having my nails done was a treat. Local salons tend to be a bit rudimentary and travelling to London on a day off was just too exhausting and expensive. Here manicures and pedicures have become a way of life, along with massages, facials and other treatments that I would have regarded as a frivolous waste of money in the past.

There's just no point in having a big 4x4 in the UK because of speed limits and taxes on gas guzzlers. And with the PC attitude about saving the environment, who wants to become a hate figure because of the car they drive? It's a bit of a guilty pleasure driving a decent car here, but one you get used to pretty quickly. I still can't bring myself to spend Dh4,000 on a designer handbag or a pair of shoes, but I don't think twice about paying for a Dior or Chanel lipstick, so I guess I fall slap bang in the middle of the survey revealing that UAE residents believe that luxury is not just an indulgence but a lifestyle.

Elvis Presley would have been 75 on January 8. Had he lived, he would have probably been in and out of rehab, cleansed of his various addictions, slimmed down, nipped and tucked and probably about to release his latest "best of" album like the evergreen Andy Williams, who is still performing and recording at the age of 87 and whose face is strangely stretched and immobile. I'm not sure it's an image I would like to have witnessed.

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Blackpink World Tour [Born Pink] In Cinemas

Starring: Rose, Jisoo, Jennie, Lisa

Directors: Min Geun, Oh Yoon-Dong

Rating: 3/5

COMPANY PROFILE

Name: Qyubic
Started: October 2023
Founder: Namrata Raina
Based: Dubai
Sector: E-commerce
Current number of staff: 10
Investment stage: Pre-seed
Initial investment: Undisclosed 

COMPANY PROFILE

Name: Lamsa

Founder: Badr Ward

Launched: 2014

Employees: 60

Based: Abu Dhabi

Sector: EdTech

Funding to date: $15 million

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UAE currency: the story behind the money in your pockets
'Brazen'

Director: Monika Mitchell

Starring: Alyssa Milano, Sam Page, Colleen Wheeler

Rating: 3/5

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From Conquest to Deportation

Jeronim Perovic, Hurst

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 
Results

2.30pm Maiden (PA) Dh40,000 1,200m

Winner Lamia, Tadhg O’Shea, Ernst Oertel.

3pm Handicap (PA) Dh40,000 1,000m

Winner Jap Al Afreet, Elione Chaves, Irfan Ellahi.

3.30pm Handicap (PA) Dh40,000 1,700m

Winner MH Tawag, Bernardo Pinheiro, Elise Jeanne.

4pm Handicap (TB) Dh40,000 2,000m

Winner Skygazer, Sandro Paiva, Ali Rashid Al Raihe.

4.30pm The Ruler of Sharjah Cup Prestige (PA) Dh250,000 1,700m

Winner AF Kal Noor, Tadhg O’Shea, Ernst Oertel.

5pm Sharjah Marathon (PA) Dh70,000 2,700m

Winner RB Grynade, Bernardo Pinheiro, Eric Lemartinel.

England ODI squad

Eoin Morgan (captain), Moeen Ali, Jonny Bairstow, Jake Ball, Sam Billings, Jos Buttler, Tom Curran, Alex Hales, Liam Plunkett, Adil Rashid, Joe Root, Jason Roy, Ben Stokes, David Willey, Chris Woakes, Mark Wood.

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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.

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 smuggler

Eldarir had arrived at JFK in January 2020 with three suitcases, containing goods he valued at $300, when he was directed to a search area.
Officers found 41 gold artefacts among the bags, including amulets from a funerary set which prepared the deceased for the afterlife.
Also found was a cartouche of a Ptolemaic king on a relief that was originally part of a royal building or temple. 
The largest single group of items found in Eldarir’s cases were 400 shabtis, or figurines.

Khouli conviction

Khouli smuggled items into the US by making false declarations to customs about the country of origin and value of the items.
According to Immigration and Customs Enforcement, he provided “false provenances which stated that [two] Egyptian antiquities were part of a collection assembled by Khouli's father in Israel in the 1960s” when in fact “Khouli acquired the Egyptian antiquities from other dealers”.
He was sentenced to one year of probation, six months of home confinement and 200 hours of community service in 2012 after admitting buying and smuggling Egyptian antiquities, including coffins, funerary boats and limestone figures.

For sale

A number of other items said to come from the collection of Ezeldeen Taha Eldarir are currently or recently for sale.
Their provenance is described in near identical terms as the British Museum shabti: bought from Salahaddin Sirmali, "authenticated and appraised" by Hossen Rashed, then imported to the US in 1948.

- An Egyptian Mummy mask dating from 700BC-30BC, is on offer for £11,807 ($15,275) online by a seller in Mexico

- A coffin lid dating back to 664BC-332BC was offered for sale by a Colorado-based art dealer, with a starting price of $65,000

- A shabti that was on sale through a Chicago-based coin dealer, dating from 1567BC-1085BC, is up for $1,950