A reader predicts success for Shah Rukh Khan’s latest film, Happy New Year.  Above, a scene from the film. Courtesy Red Chillies Entertainments
A reader predicts success for Shah Rukh Khan’s latest film, Happy New Year. Above, a scene from the film. Courtesy Red Chillies Entertainments

Shah Rukh’s new film will be a hit



Love him or hate him, Shah Rukh Khan is the only thespian who is confidently pompous – both on and off screen, unfazed by criticism (Film review: Happy New Year, October 24). He possesses a screen chutzpah that has yielded countless successes for him – both in front of and behind the camera.

Like the other two Khans – Salman and Aamir – who bank on releases during Eid and Christmas respectively, Shah Rukh chooses Diwali, this being his 11th such release.

If predictions are true, Happy New Year will be a box office hit of the year.

AR Modak, South Africa

Drivers, not cars, are to blame for accidents

This is an example of the UAE's biggest road problem – people's inability to accept responsibility for their own actions (Car modifications can be risky, October 27).

Rather they blame it on something else. A modified car can be safer than a standard one. Common sense tells you that you should never apply that “gel” to the tyres that “caused the accident”.

I believe this to be the reason why car modification is banned, because people can’t do so responsibly. It’s time the UAE started focusing on the problem – the drivers.

Theo Scheepers, Abu Dhabi

It’s not car modifications, but the lack of enforcement of regulations that is more dangerous.

Enforce the rules, start taking away points and see how quickly drivers calm down.

John Paravalos, Dubai

Car modifications can be done safely and correctly. In fact, cars can be made safer with modifications like bigger brakes, better suspension, roll cages and harnesses. The RTA should implement a car modification certification regime like they have in the West, so you can legally modify and drive cars that have been tested for safety.

Sam Damo, Dubai

Modifications don’t kill, terrible and reckless driving does.

Osama Rashid, Dubai

I was horrified to hear Ahmed Al Nuaimi say: “The car turned around. If I had been slower this wouldn’t have happened. I wasn’t wearing my seat belt. Once I recover and go back, I still don’t think I will wear my seat belt, because I don’t think it can save you.”

I am sure Mr Al Nuaimi, who was involved in an accident last week, is lucky to be alive. Seat belts do save lives.

Tammy Reeves, Dubai

Let’s correct our misperceptions

I refer to your editorial Emirati women fight ignorance (October 28). Those of us from the West need to challenge the misperceptions we are exposed to. It's western ignorance and as such our problem to fix.

We need to educate ourselves and our children so that these misrepresentations don’t continue to be disseminated.

Angela Rihia-Tãmaki, Abu Dhabi

Crown prince is a true leader

It’s great to know that Sheikh Mohammed bin Saud Al Qasimi, the Crown Prince of Ras Al Khaimah, has enrolled for national service in the UAE armed forces. This is what leadership is all about – leading by example.

Sylvester Ajiloseda, Dubai

Ratings system is important

Your editorial Rating system would improve health care (October 24) was thought-provoking. You have rightly mentioned that the most effective way to ensure patients are assessing the quality of the health care on offer is to make each hospital's track record available.

This ambition has been hampered by insufficient transparency when it comes to the quality of health care provided in this country.

With the UAE determined to improve the health care sector, I am positive that this system will soon be made available to individuals.

K Ragavan, India

Ms Yang's top tips for parents new to the UAE
  1. Join parent networks
  2. Look beyond school fees
  3. Keep an open mind
Match info:

Manchester City 2
Sterling (8'), Walker (52')

Newcastle United 1
Yedlin (30')

BACK%20TO%20ALEXANDRIA
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At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

UAE%20FIXTURES
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Our legal consultant

Name: Dr Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Specs

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Range: Up to 610km

Power: 905hp

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ICC T20 Rankings

1. India - 270 ranking points

 

2. England - 265 points

 

3. Pakistan - 261 points

 

4. South Africa - 253 points

 

5. Australia - 251 points 

 

6. New Zealand - 250 points

 

7. West Indies - 240 points

 

8. Bangladesh - 233 points

 

9. Sri Lanka - 230 points

 

10. Afghanistan - 226 points

 
Paatal Lok season two

Directors: Avinash Arun, Prosit Roy 

Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong

Rating: 4.5/5

Tank warfare

Lt Gen Erik Petersen, deputy chief of programs, US Army, has argued it took a “three decade holiday” on modernising tanks. 

“There clearly remains a significant armoured heavy ground manoeuvre threat in this world and maintaining a world class armoured force is absolutely vital,” the general said in London last week.

“We are developing next generation capabilities to compete with and deter adversaries to prevent opportunism or miscalculation, and, if necessary, defeat any foe decisively.”

COMPANY PROFILE

Company: Bidzi

● Started: 2024

● Founders: Akshay Dosaj and Asif Rashid

● Based: Dubai, UAE

● Industry: M&A

● Funding size: Bootstrapped

● No of employees: Nine

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Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
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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.”

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
Test

Director: S Sashikanth

Cast: Nayanthara, Siddharth, Meera Jasmine, R Madhavan

Star rating: 2/5

The White Lotus: Season three

Creator: Mike White

Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell

Rating: 4.5/5

Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia

Russia's Muslim Heartlands

Dominic Rubin, Oxford