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JULY <strong>2017</strong> | ISSUE 02<br />
THE BUSINESS<br />
OF DIVORCE<br />
HOW MUCH WILL<br />
A BREAKUP<br />
COST YOU?<br />
TRAVEL<br />
THE BIRTHPLACE<br />
OF FINE<br />
WATCHMAKING,<br />
GENEVA<br />
DEMI<br />
MOORE<br />
ON LOVE, DIVORCE<br />
AND BLINDNESS
Extraordinary is in the detail.<br />
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Please contact us on 800-BENTLEY [800 236 8539]<br />
or visit us at www.uae.bentleymotors.com for more information<br />
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EQUITY<br />
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Be Extraordinary.<br />
1<br />
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2<br />
EQUITY
3<br />
EQUITY
insideEQUITY<br />
12<br />
mind<br />
12<br />
STOCKS WILL CRASH:<br />
SELL OR STOP BUYING?<br />
Turmoil simmers within<br />
the market<br />
21 30<br />
14<br />
17<br />
21<br />
24<br />
30<br />
32<br />
THE BREAKUP<br />
Divorce lawyer Ayesha Vardag<br />
gives us an insight into the world<br />
of divorce cases<br />
SMOOTH OPERATOR<br />
Thomas Ovesen from 117 Live<br />
shares his journey<br />
PHILANTHROPIST: JUMANA<br />
ABU-HANNOUD<br />
Get a peek into the life and<br />
happenings of this humanitarian<br />
A TALE OF TWO...<br />
Demi Moore and Alec Baldwin<br />
get together ahead of their latest<br />
movie Blind<br />
SUMMER CAMPS <strong>2017</strong><br />
The best spots for children and<br />
teens to learn a skill or two<br />
during the summer break<br />
SUPPORT LOCAL<br />
A chat with a startup founder<br />
Jelena Bin Drai<br />
36<br />
body<br />
36<br />
TRENDING NOW<br />
The latest in summer fashion<br />
straight from the runway<br />
38<br />
40<br />
42<br />
THE CHECKLIST<br />
Add these items to your summer<br />
wardrobe for a quick refresher<br />
SHOP TALK<br />
Your next shopping haul sorted<br />
INDULGE YOURSELF<br />
Make an appointment for the<br />
latest treaments on the market<br />
4<br />
EQUITY
JULY <strong>2017</strong><br />
45<br />
soul<br />
62<br />
65<br />
JETSETTER JOURNEYS<br />
Travel inspiration for your next<br />
summer vacation<br />
67<br />
STAY OF THE MONTH<br />
Explore FIVE Palm Jumeirah<br />
70<br />
REAL ESTATE<br />
Koa Canvas is changing up the<br />
urban landscape<br />
45<br />
55<br />
56<br />
60<br />
62<br />
ON OUR RADAR<br />
The latest statement pieces on the market<br />
THE PERFECT FOLD<br />
Origami is trending in the art world<br />
ASIAN FANCY<br />
Two hotspots worth a visit over<br />
the weekend<br />
ON THE MENU<br />
Hotfoot around town to these spots apt for<br />
a business lunch or a meal with the family<br />
TRAVEL: GENEVA<br />
A culture-packed Swiss city ideal<br />
for horologists<br />
72<br />
THE MAN BEHIND<br />
THE BRAND<br />
A peek into Hussein Bazaza's life<br />
65<br />
On the cover<br />
DEMI MOORE<br />
Read her interview on page 24<br />
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EQUITY
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EQUITY
From the EDITOR<br />
<strong>July</strong> is the month I find myself looking for travel<br />
inspiration, escaping to climes at least 15-20<br />
degrees lower and predominantly staying<br />
away from the humid outdoors. Which is why<br />
the <strong>July</strong> issue offers plenty of stimulus, be it for adults<br />
or children.<br />
If you can’t escape just yet, send the young ones on<br />
a flight to camp, where they can pick up life-long skills<br />
– at least you won’t have to hear them weep about<br />
boredom (p30). When you do manage to get time-off or need a quick<br />
refresher over the weekend, head to FIVE Palm Jumeirah (p67) or ruminate<br />
over Geneva. The city known for bucolic air, verdant greens and not-toforget<br />
skilled watchmaking, is the destination of choice (p62).<br />
An intellectual take on the stock market will leave you wondering<br />
whether you should sell or hold tight (p12), while a chat with divorce<br />
lawyer Ayesha Vardag (p14), gives us an insight into the business of divorce.<br />
Demi Moore and Alec Baldwin weigh in on their views of love, divorce and<br />
the film industry too (p24).<br />
I won’t lie, I’m in awe of the sleek and impressive Buggati Chiron and<br />
you may be too (p52). If you are investing in art or roaming the world for<br />
novel pieces, look into origami structures for a playful element to add to<br />
your collection (p55). We’re never short of culinary options in Dubai and<br />
this month we have two that are ideal for business meetings and date<br />
nights (p60).<br />
EDITOR'S PICK<br />
I’ll be dotting my I’s and crossing<br />
my T’s with this classy Montblanc<br />
Writers Edition Antoine de Saint-<br />
Exupéry 1931.<br />
Happy travelling<br />
Nicola<br />
Nicola Monteath<br />
I’ll be smearing caviar in the form<br />
of La Prairie’s Skin Caviar Liquid<br />
Lift, on my face, to treat lackluster<br />
skin exposed to long-haul flights.<br />
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equitymedia.uae equitymedia.uae equitymedia.uae equitymedia.uae<br />
EQUITY - Always invest in yourself<br />
EDITOR NICOLA MONTEATH - nicola@equity.media<br />
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CONTENT MANAGER OLIVE SEVILLA<br />
ART DIRECTOR ODILAINE MEJORADA<br />
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A timeless accessory with a punch<br />
of colour. This AIGNER’S ZOE bag is<br />
slowly creeping up on my summer<br />
wish list for its versatility.<br />
7<br />
EQUITY
CALENDAR<br />
MARK YOUR CALENDAR<br />
Jetsetters, don’t forget to add these dates to your diary<br />
2<br />
WHERE: Various locations,<br />
Montreux, Switzerland<br />
WHEN: <strong>July</strong> 1-16<br />
MONTREUX JAZZ FESTIVAL<br />
This jazz festival in Switzerland,<br />
and second largest jazz fest in the<br />
world, has been one of the best for<br />
half a century and is now a<br />
favourite of music lovers all over.<br />
Watch and listen to every kind of<br />
sound imaginable with crowds of<br />
over 200,000 people, with new and<br />
established acts providing<br />
entertainment every day.<br />
1<br />
FT FESTIVAL OF FINANCE<br />
3<br />
WHERE: Teatro alla Scala, Milan, Italy<br />
WHEN: <strong>July</strong> 1-14<br />
4<br />
LITERATURHAUS AT NADI<br />
WHERE: Nadi Al Quoz, Dubai, UAE<br />
WHEN: <strong>July</strong> 1 – September 30<br />
WHERE: The Artillery Garden at the HAC, London, England<br />
WHEN: <strong>July</strong> 1<br />
Some of the finest financial minds in the world<br />
come together to engage visitors and entrepreneurial<br />
buffs in the sharpest debates. Spread across five stages,<br />
more than a hundred speakers will be discussing<br />
topics from globalisation and tax havens. This<br />
festival seeks to improve the mediocre analysis<br />
and untested information, and provide access to<br />
premium information.<br />
LA BOHÈME MILAN<br />
Witness an epic operatic tale at the epic<br />
Teatro alla Scala in Milan in the form of La<br />
Boheme. Since its debut in 1963, Franco<br />
Zeffirelli’s La Boheme has enchanted<br />
countless people with its story and<br />
interpretations. Some of the best theatre<br />
talents make this a performance never to<br />
forget. Book your tickets soon!<br />
A celebration of literature will take<br />
place in Nadi Al Quoz, Dubai.<br />
Literaturhaus is set to revive the<br />
famed 19th-century salon, where<br />
contemporary questions were<br />
debated alongside an assortment of literary and cultural initiatives, inspiring and challenging<br />
audiences with new thoughts. International and regional authors, poets, critics, curators,<br />
publishers, translators and musicians will gather to share their ideas through readings, discussions<br />
and performances. With events held at 4pm every Saturday from <strong>July</strong> 1st until September 30.<br />
The events are free of charge and open to the public however spaces are limited so booking at<br />
rsvp@alserkalavenue.ae is essential.<br />
8<br />
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5 6<br />
ECO EDO NIHONBASHI ART AQUARIUM <strong>2017</strong><br />
WHERE: Nihonbashi Mitsui Hall, Tokyo, Japan<br />
WHEN: <strong>July</strong> 7–September 24<br />
Like all things quintessentially Japanese, this is modern yet<br />
traditional at the same time. The theme for the venue is<br />
“Edo: Ryo of Kingyo”. Edo was the former name of Tokyo<br />
and kingyo (goldfish) was a deep-rooted part of common<br />
folk culture of Nihonbashi during the Edo period. With a<br />
venue styled after an ancient palace and more than 8,000<br />
goldfish celebrating contemporary Japanese art on display,<br />
you mustn’t miss this at all.<br />
CIRQUE DU SOLEIL: KOOZA<br />
WHERE: Bayfront Avenue, Singapore<br />
WHEN: <strong>July</strong> 13 - August 13<br />
CALENDAR<br />
Anything from Cirque du Soleil is a reason<br />
to celebrate and their recent production called Kooza<br />
is one that will touch the hearts of many.<br />
It tells the story of a melancholy loner in search<br />
of his place in the world. The show revisits the<br />
Cirque’s storied roots in acrobatics and clowning.<br />
Tickets are selling fast for this show, so hurry up to<br />
avoid disappointment!<br />
7<br />
OPRAH'S ALASKA HAL CRUISE ADVENTURE<br />
8<br />
WHERE: Alaska (Leaves from Port of Seattle)<br />
WHEN:<strong>July</strong> 15 – 22<br />
The undisputed queen of talk shows Oprah Winfrey has<br />
done it again and is now inviting prospective adventurers<br />
into joining her for a roundtrip cruise from Seattle into one<br />
of the most stunning natural destinations in the world-<br />
Alaska. This trip is part of Oprah’s Year of Adventure<br />
initiative and asks people to come out of their comfort<br />
zones and experience life.<br />
9<br />
UNITE WITH TOMORROWLAND<br />
WHERE: Dubai, Germany, Israel, Lebanon, Malta, Spain,<br />
South Korea and Taiwan<br />
WHEN: <strong>July</strong> 29<br />
This music festival knows no boundaries and come <strong>July</strong> 29th, the mega<br />
extravaganza of music and good times will put you in a euphoria for the<br />
rest of the summer, if not the year. With an eclectic mix of international<br />
and local DJs belting out groovy tunes, TOMORROWLAND aims to<br />
build bridges between cultures and people. We can't wait.<br />
ARSENAL VS CHELSEA PRE-SEASON FRIENDLY MATCH<br />
WHERE: National Stadium, Beijing, China<br />
WHEN: <strong>July</strong> 22<br />
Good old-fashioned football rivalry never fails to impress and it gets fans pumping<br />
adrenaline in their system faster than a Bugatti. As China forges ahead to become a<br />
serious sporting destination with the success of Beijing 2008 and other tournaments,<br />
this pre-season friendly is a great way to spend time when visiting the city.<br />
10<br />
OPEN HOUSE MELBOURNE<br />
WHERE: All around Melbourne, Australia<br />
WHEN: <strong>July</strong> 29–<strong>July</strong> 30<br />
This year celebrates a decade of Open House Melbourne with plenty of<br />
activities lined up for lovers of urban culture and heritage. Talks, tours,<br />
workshops and interviews explore the challenges and success stories of<br />
Melbourne's built environment. The Open House Weekend, where<br />
people visit significant buildings and sites across the city to learn about<br />
how the manmade environment and urban planning influence and<br />
shape our future.<br />
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EQUITY
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mind<br />
Should you sell or stop buying<br />
shares? Make your decision after<br />
reading our feature (p12). Explore<br />
the business of divorce, entrepreneur<br />
journeys and the camps to send your<br />
little ones to this summer. What are<br />
Demi Moore and Alec Baldwin<br />
upto? Read more on p24<br />
11<br />
EQUITY
FINANCE<br />
STOCKS will CRASH:<br />
SHOULD YOU SELL OR<br />
STOP BUYING?<br />
The curernt turmoil is one to keep an eye on<br />
12<br />
EQUITY
FINANCE<br />
Words by Sam Instone: CEO at AES International<br />
Tumbleweed is blowing across the scorching marbled<br />
pavements of DIFC. Is it just a seasonal effect, or<br />
the lull before the storm? Stocks are at an all-time<br />
high with Vanguard’s Total Stock Market Index<br />
depicting a tsunami on the rise. In the five-year period ending<br />
December 26, 2016, it swelled 97.61 per cent. To put things<br />
into perspective, if $10,000 had been invested in the index just<br />
five years ago, it would have grown to $19,761 today. That’s<br />
just the kind of rise that comes before a crash. Or is it?<br />
After a chat with investors within the space, it’s come to my<br />
realisation that concerns over luxury goods are on the decline.<br />
Despite happily buying watches, boats, cars and houses, they’re<br />
too afraid to invest right now. What’s worth keeping in mind, is<br />
that stocks are constantly hitting an all-time high. I’m 40 years<br />
old and over the course of my lifetime the S&P500 (with<br />
dividends reinvested) has hit all-time highs during 26 different<br />
calendar years – the most recent being. 2007 and 2012 right up<br />
to 2016. During these years, the headlines broadcasted a stock<br />
crash, most of which were wrong, to be honest, who got lucky<br />
were almost always wrong the next time. Truth is, the bullish<br />
and bearish state of stocks can never be depicted. The reason<br />
why Warren Buffett claims the stock market forecasters exist is<br />
to make fortunetellers appear good.<br />
Vanguard’s recent report looks at popular metrics to predict<br />
stock returns. Researchers Joseph Davis, Roger Aliaga-Díaz and<br />
Charles J. Thomas looked at data from 1926 until 2012. They<br />
examined and cyclically adjusted the price to earnings ratios;<br />
trailing dividend yields; corporate earnings growth trends and a<br />
consensus of predicted earnings growth. They also looked at five<br />
measurements of economic fundamentals, followed by three<br />
different multi-variable valuation models. The findings revealed<br />
that stock returns are essentially unpredictable at short horizons.<br />
This lack of predictability is not surprising given the poor track<br />
record of market-timing and related tactical asset allocation<br />
strategies. More importantly, you’d be much better off without a<br />
soothsayer calling the market and distracting you.<br />
For example, assume you’re a new investor and it’s 2008.<br />
While playing in a sandbox you find Aladdin’s magic lamp. You<br />
rub that lamp and a genie appears. He says: “Over the next 12<br />
months you’ll see the worst stock market drop since 1929.”<br />
Frightened by his forecast, you decide to wait to invest until<br />
stocks “stabilise.” Instead, you add $200 a month to your bank’s<br />
savings account. If it paid $100 in interest (that’s a pipedream!)<br />
you would have accumulated $4,900 by January 2010. It’s at this<br />
point that your genie deems stocks to have stabilised, so you put<br />
the proceeds into Vanguard’s Total Stock Market Index Fund<br />
(VTSMX). If you continued to add $200 a month – putting the<br />
proceeds into the index – you would have a total of $38,004 by<br />
November 30, 2016. Morningstar’s Russel Kinnel reported that<br />
the average mutual fund dropped 30 per cent in 2008. So, you<br />
actually sidestepped that mess. Now let’s imagine you never<br />
found the lamp, didn’t know stocks were going to tumble in<br />
2008 and you invested $200 a month into the stock market index<br />
starting in January 2008. Stocks crashed, however, you continued<br />
adding $200 a month in any case. By November 30, 2016, your<br />
portfolio would have been worth $39,926. In other words, you<br />
would be almost $2,000 richer than if you’d met that genie and<br />
tried to guess and time the market. But what if it’s 2008 and you<br />
have a lump sum to invest. Perhaps $500,000? With U.S. stocks<br />
at an all-time high, you might be afraid to invest that money or<br />
tempted to wait until stock prices are lower. If you do, your<br />
human emotions are taking you for a ride. Don’t believe me?<br />
Then consider the question from a different angle. If you’d<br />
been investing for years and had accumulated $500,000 in a<br />
pension by 2008, would you sell everything and wait for stocks<br />
to fall? You probably wouldn’t. But that’s exactly the same as<br />
waiting to invest. By jumping out of stocks (or not getting in)<br />
you may miss some big gains.<br />
The S&P500 averaged a compound annual return of 9.85 per<br />
cent between January 1995 and December 31, 2014. That<br />
would have turned a $10,000 investment into $65,475. But,<br />
investors who missed the best five stock market days in that<br />
period would have averaged a compounding return of just 7.62<br />
per cent per year. Instead of seeing their money grow to<br />
$65,475, they would have ended up with $43,435 – 33% less.<br />
By missing the best 20 days, this money would have grown to<br />
just $20,360 – 69 per cent less. And those investors, unlucky<br />
enough to be out of the markets for the best 40 days, would<br />
have lost money. Their initial $10,000 would have shrunk to<br />
$9,143. U.S. stocks hit an all-time peak in 1989. They gained<br />
279 per cent during the previous ten years. Forecasters were<br />
calling for a crash, however, anyone who sold (or decided not<br />
to buy) might have missed the market’s new “all-time highs” in<br />
1991, 1992, 1993, 1994, 1995, 1996, 1997, 1998 and 1999. In<br />
the nine years that followed 1989, stocks gained another 316<br />
per cent. Nobody, not even Nostradamus, saw that coming.<br />
DIFC is home to market gurus and successful investors, like<br />
you. As an already successful investor, my best advice is to keep<br />
ignore the market noise. If you’re looking for the highest<br />
returns and the lowest costs, a diversified portfolio of low-cost<br />
index funds including a U.S. index, an international index and a<br />
bond index works best. If you have a lump sum to invest, the<br />
evidence points to the fact the best time is as soon as you have<br />
money available. No one can guess the market; be an evidencebased<br />
investor, not a reactionary emotional investor if you<br />
want the strongest possible returns long term.<br />
13<br />
EQUITY
FINANCE<br />
THE<br />
BREAKUP<br />
There’s a good reason that Ayesha<br />
Vardag has earned the sobriquet of<br />
‘divorce lawyer to the billionaires’<br />
Words by Varun Godinho<br />
The British divorce litigation industry is<br />
worth around £1 billion annually. The<br />
most expensive lawyer in London you<br />
can hire to fight in your corner of the<br />
ring is 49-year-old Ayesha Vardag. That’ll cost you<br />
£795 per hour, plus taxes.<br />
On a telephone call from Europe, the peripatetic<br />
lawyer explains why London has earned its billing<br />
as the divorce capital of the world to the very rich<br />
and famous. “It is an excellent place to get<br />
divorced from the perspective of fairness and<br />
quality of contribution in a marriage. England has<br />
very strongly the idea that there is no discrimination<br />
between breadwinner and homemaker. You can<br />
expect intellectually elite judges who are highlytrained<br />
and incorruptible. England has very<br />
powerful powers of forensic examination. You can<br />
decide it’s a 50-50 split of the marital pot. But then<br />
to determine what that marital pot is, becomes the<br />
big debate.”<br />
That’s why she’s set up an internal financial<br />
forensics division at her law firm Vardags that she<br />
founded in 2005 and which now employs around<br />
70 people with an annual turnover of close to £10-<br />
15 million located in Old Bailey, London. “The<br />
division looks at valuations, hidden assets and<br />
assets that are downplayed. If we are acting for the<br />
people that have the money, then we don’t tell<br />
them to hide their assets, but we seek to argue why<br />
their valuation should be lower than the other side<br />
claims it to be.” She cites the case of her client<br />
Michelle Young who she represented against her<br />
husband, Scot, who declared himself bankrupt<br />
during the divorce. That didn’t stop Vardag from<br />
securing a £26 million order against the husband –<br />
the highest ever against someone made bankrupt.<br />
IMAGES SUPPLIED BY OZ KOCA AND SHUTTERSTOCK.COM<br />
14<br />
EQUITY
FINANCE<br />
There are some other high-profile cases for<br />
which Vardag has scored large settlements.<br />
“Pauline Chai received £64 million recently. The<br />
Marchioness of Northampton is reported to have<br />
got £17 million.” But as she explains, most of the<br />
really big payouts that may run into the hundreds<br />
of millions never get publicised, because they get<br />
quietly settled out of court.<br />
The defining case for Vardag that set her on a<br />
path destined for a meteoric rise was the 2010<br />
receive a large settlement, but the problem is the<br />
cash flow. The courts sometimes help to an<br />
extent but to help put them on a level playing<br />
field, there is litigation lending available to them<br />
that lends them the fees and then recoups the<br />
money at the end.”<br />
Divorce litigation isn’t something Vardag was<br />
involved in from the beginning of her career. She<br />
started out in financial and commercial law<br />
working with top-tier firms like Linklaters in<br />
I was met with quite a lot of resistance, a degree of mockery.<br />
I was seeking to change the law. It (Radmacher) was the biggest case<br />
in the history of family law. There were nine judges in the Supreme<br />
Court. The judges agreed with me<br />
Radmacher v Granatino case. Vardag represented<br />
German heiress Katrin Radmacher who had an<br />
existing prenup signed with her banker husband<br />
Nicolas Granatino. At the time they filed for<br />
divorce, prenuptial agreements were void in<br />
English law. Vardag argued to the contrary. “I was<br />
met with quite a lot of resistance, a degree of<br />
mockery. I was seeking to change the law. It was<br />
the biggest case in the history of family law. There<br />
were nine judges in the Supreme Court. The judges<br />
agreed with me.”<br />
Apart from the landmark ruling on prenups, the<br />
aspect of the ruling that got lost in the hysterical<br />
media commentary over the Radmacher case was<br />
gender neutrality before the law. In that specific<br />
case, it was the man arguing for a piece of the<br />
financial pie from the woman. Vardag is clear that<br />
she will represent men as well as women. “We<br />
have cases of husbands claiming against female<br />
bankers, artists, celebrities. We act for both men<br />
and women – whoever reaches us first.”<br />
Litigation lending is a trend that Vardag has<br />
increasingly seen in her industry. “It used to be<br />
the case where you’d have someone married to<br />
someone immensely rich, but they were unable to<br />
get proper legal representation because they were<br />
not given any money. When you see the assets,<br />
you can predict that the claimant is going to<br />
London and Moscow and Weil, Gotshal &<br />
Manges in London drawing up lending and<br />
securitisation structures, before going to the bar<br />
in London. But then her own divorce broke upon<br />
the family. She was represented by Raymond<br />
Tooth (whose roll call of millionaire clients<br />
include Irina Abramovich and Sadie Frost).<br />
“When it (her divorce) was all over in 2002, we<br />
went out for dinner one day and he hired me.<br />
That was the point at which I moved to<br />
matrimonial law because the impact you have<br />
through family law is transformational. You<br />
enable people to keep their homes and businesses,<br />
to have a relationship with their children.”<br />
Contrary to popular opinion from the gallery,<br />
divorce litigation – as Vardag argues – need not<br />
be an unconscionable business. She is now<br />
campaigning for two key laws in the UK that will<br />
radically change the dynamics of family law. The<br />
first is no-fault divorce law. “In America, you can<br />
get divorced based on irreconcilable differences.<br />
In England, you must allege fault against the<br />
other side. It comes from an era when divorces<br />
were seen as innately evil and there had to be<br />
someone to blame. It is extremely damaging to<br />
start the whole process by slinging mud at your<br />
partner. We’re trying to end this anomaly of<br />
fault-based divorce.”<br />
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EQUITY
FINANCE<br />
We don’t become the means for someone to use their children as a<br />
weapon. I’ve had husbands come to me and say, ‘I don’t really<br />
want custody of the children. But I want you to tell my wife that I do<br />
so that I get a bigger financial settlement<br />
The other law, anointed by the press as the<br />
anti-fecklessness law that she is campaigning for<br />
necessitates that both parents play a role in caring<br />
for their children after the divorce. “Unless you<br />
have a joint residence order for the children,<br />
there is no obligation on the other parent to see<br />
their child at all. One parent gives the primary<br />
care and the other one doesn’t bother. This is<br />
very damaging for the children and the primary<br />
carer too.” Vardag already has a red line that she<br />
doesn’t cross when it comes to taking up divorce<br />
cases – using children as a pawn. “We don’t<br />
become the means for someone to use their<br />
children as a weapon.<br />
“I’ve had husbands come to me and say, ‘I don’t<br />
really want custody of the children. But I want you<br />
to tell my wife that I do so that I get a bigger<br />
financial settlement.’ I’ve had mothers say to me, ‘I<br />
want to deny him contact with the children so that<br />
he’ll give me a better settlement or just because<br />
I hate that woman he has taken up with and I can’t<br />
bear that my children go anywhere near her.’<br />
I won’t do that.”<br />
Vardag has now set up base in Dubai and has a<br />
private consultancy here. However, she only<br />
practices law in the UK. “We have a lot of Middle<br />
Eastern clients and I wanted to effectively promote<br />
that. I absolutely love Dubai. It’s like a paradise.<br />
It’s wonderful being part of a state that has a<br />
strong vision and such positivity for the future. I<br />
am available to my firm in London all day and I go<br />
back every other month to meet with clients who<br />
want to meet me in person.”<br />
Which reminds me that my phone conversation<br />
with Vardag has lasted nearly an hour. In Vardag’s<br />
world, like the billionaires she represents, time<br />
directly and measurably equals money. Good thing<br />
I didn’t get billed £795, plus taxes.<br />
16<br />
EQUITY
ENTREPRENEUR<br />
SMOOTH<br />
OPERATOR<br />
Thomas Ovesen, the man behind Dubai’s highly-rated<br />
concerts takes us through his journey from air traffic<br />
controller to Founder of 117 Live<br />
Ed Sheeran, Justin Bieber, Jennifer<br />
Lopez, you hear of famed artists across<br />
social media and the radio, ahead of<br />
their gigs in the city, but who’s behind<br />
117 Live and the brand that brings your favourite<br />
artists to town? It’s Danish-national Thomas<br />
Ovesen. Chief Executive Officer of 117 Live has<br />
been in the Middle East since the summer of<br />
1998, setting foot in Bahrain as an air traffic<br />
controller, just as the no-fly zone in Iraq was<br />
terminated and the civilian air traffic started<br />
booming again. So how did he transition to form<br />
one of the best live event companies within the<br />
country? “Being an air traffic controller in<br />
Bahrain meant I was doing night shifts, as it was<br />
busy. When you work three-night shifts back to<br />
back, you have four days off. I was often the guy<br />
at the British or the Rugby club and whenever<br />
someone asked for help for events they would<br />
look to me as they thought I was never working. I<br />
was keen as I yearned for more,” he tells us.<br />
After a few live events including a New Year’s<br />
Eve party, Thomas began to get the thrill of it,<br />
craving to work on projects the minute he got an<br />
evening off. The one thing that did cross his<br />
mind at that point was, “Why is everything so<br />
poorly organised?” Naively, he threw himself<br />
head first into the field, approaching a company<br />
in Bahrain for part-time work. “They probably<br />
thought I was mad but they needed someone to<br />
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EQUITY
ENTREPRENEUR<br />
help at the Westlife press conference<br />
in Lebanon. I managed it and thought<br />
that’s easy and fun, I want to do<br />
more.” Few months down the line and<br />
Thomas saw himself slowly losing<br />
interest in air traffic control, and<br />
gravitating towards hosting events.<br />
At that point in time, Dubai was an<br />
exciting hub, the treat he would get<br />
occasionally for a business meeting and<br />
Thomas couldn’t get enough of the<br />
nocturnal scene here. “It was a city<br />
where if you were willing to work hard,<br />
you could make something happen.<br />
There was also a social and nightlife<br />
scene but there weren’t many concerts.<br />
That’s when I thought, why not go to<br />
Dubai and do it on a larger scale?”<br />
In 2000, the journey began, setting up<br />
an office to host and promote shows<br />
that mainly catered to western expats.<br />
Has-beens and artists that were looking<br />
to make a bit of retirement money were<br />
the only ones that arrived in the Middle<br />
East, as most people’s notion was that it<br />
was a troublesome region. And even then, most<br />
concerts took place either in hotel ballrooms and<br />
gardens. “The first concert that we (Meraas<br />
Promotions) held here was the British singer<br />
Gabrielle and it was at the old Jumeirah Beach<br />
Club. I remember it was one of those events where<br />
suddenly the permission was revoked as it became<br />
a dry night and we had to postpone it to the next<br />
day and persuade her to stay,” he tells us.<br />
“Elements like the ticketing system were obviously<br />
less sophisticated back then and the team had to<br />
make sure everyone was aware that it was<br />
postponed and then suddenly it became a sell-out<br />
event as all the others couldn’t cancel or prepone.<br />
Those days a sell-out event was 3,000 people.”<br />
Another fond memory is when Geri Halliwell<br />
began touring by herself after breaking away from<br />
the Spice Girls.<br />
Natural progression led Thomas to launching<br />
AEG Live Middle East followed by a deal with Arab<br />
Media Group where he took over Done Events.<br />
Most recently, Al Ahli built a venue and in December<br />
2016, 117 Live was launched with Nikki Minaj being<br />
the first concert from the brand. With every business<br />
arrives a few unsolicited challenges and Thomas<br />
recalls encounters with international talents quite<br />
distinctly. “Getting the artists to work with you in the<br />
beginning is a bit of a challenge, as most of the artists<br />
thought it was a troublesome area to visit. Luckily, the<br />
owner at Meraas conducted events for many years, so<br />
that’s how we got around it.”<br />
The industry, according to Thomas, is<br />
straightforward. “If you pay your dues, people will<br />
work with you. The best way to establish a good<br />
relationship is when you lose money and you still pay<br />
JUSTIN BIEBER. MAY 6, <strong>2017</strong>.<br />
AUTISM ROCKS ARENA DUBAI<br />
FLO RIDA AT AUTISM ROCKS FEST.<br />
APRIL 1 2016 AT DUBAI AUTISM ROCKS ARENA<br />
what you owe,” he says. Unfortunately,<br />
the team had a few events that ran at a<br />
loss, however, bill payments allowed<br />
them to stand out from counterparts.<br />
Locally, the events business isn’t<br />
legislated or governed, in the way the<br />
financial industry is. “Many times, you<br />
make up the standards and I always<br />
followed the British live events<br />
standards, so if there was ever to be<br />
any legislation I knew we would meet<br />
that and surpass the requirements,”<br />
says Thomas.<br />
Having met the crème de la crème,<br />
Thomas tells us he also got to play<br />
manager at a certain point in time. “I<br />
was lucky enough to work with<br />
Destiny’s Child and was appointed<br />
Beyonce’s agent for a matter of months, when her<br />
father – also her manager – wanted to see the<br />
business they could gain in less-developed markets<br />
like Africa and the Middle East,” he tells us. For an<br />
individual who switched fields without any<br />
schooling or prior work in the industry, to<br />
transpire to managing clients such as Queen Bey,<br />
BRYAN ADAMS,<br />
NOVEMBER<br />
10 2016 AT<br />
DUBAI AUTISM<br />
ROCKS ARENA<br />
18<br />
EQUITY
ENTREPRENEUR<br />
FIESTA DELOS MUERTOS<br />
A KILLER PARTY OCTOBER 28, 2016<br />
AT AUTISM ROCKS ARENA DUBAI<br />
ALL SAINTS FIESTA DELOS MUERTOS,<br />
A KILLER PARTY. OCTOBER 28 2016<br />
DUBAI AUTISM ROCKS ARENA<br />
GUNSNROSES, MARCH 3, <strong>2017</strong><br />
AT AUTISM ROCKS ARENA DUBAI<br />
BEBE REXHA.<br />
APRIL 28 <strong>2017</strong> AT<br />
DUBAI AUTISM<br />
ROCKS ARENA<br />
TYGA AUTISM ROCKS<br />
FEST. APRIL 1 2016<br />
AT DUBAI AUTISM<br />
ROCKS ARENA<br />
reveals Thomas’ dedication and hard work. He is<br />
also working with Dubai Tourism to support the<br />
new Events Academy. Does he think academics is<br />
all it takes to break into the industry, or get a foot<br />
in? “To be honest, there were no promoters at my<br />
age that had an event’s degree, they all ended up in<br />
the field by coincidence or in the music industry.<br />
It’s difficult to rely only on academics and I would<br />
hire people with the right attitude and appearance,<br />
a bit old school, but I think that’s what makes the<br />
industry exciting,” he goes on to say.<br />
Clients can be demanding, but Thomas is on<br />
hand to cater to every request. “I usually meet with<br />
the artist when they arrive and see to them during<br />
their entire stay, including taking care of the<br />
ground transportation and sight-seeing. They<br />
always say they get a bespoke welcoming here in<br />
Dubai. I think it’s a great way of building rapport.<br />
It’s nice to be that personal,” he tells us. Thomas<br />
vaguely recalls Sharon Osbourne quoting in her<br />
book that the only place in the world where the<br />
promoter would meet the artist was in Japan, and<br />
she loved that. “I remember thinking that’s what<br />
I’ve been doing all my life, but obviously, I haven’t<br />
worked with her. That made me think I should<br />
keep that up. A lot of celebrities have remarked,<br />
you got up at 2 am to welcome us? That’s unusual.<br />
But I think it just sets the terms and tone for how<br />
you work together. It’s very rare that we have<br />
problems with the artists.”<br />
While problems are a rarity, demands most<br />
certainly aren’t. With the leak of Ed Sheeran’s<br />
backstage demands at Glastonbury – a couple of<br />
sodas, squash and a jar of Manuka honey at a total<br />
of around £57.31 – which only further reveals his<br />
humble requirements, we had to delve into the<br />
matter to explore bizzare demands Thomas has<br />
received. Justin Bieber’s latest request in the<br />
concert dressing room comes to light. “We have<br />
had a few demanding artists, for instance the<br />
jacuzzi for Justin Bieber. Same goes for Mariah<br />
Carey wanting a beautiful beach view to be<br />
blocked out by gaffer tape as she didn’t want to<br />
ruin her skin and needed five humidifiers under<br />
her bed,” he says. Thomas regards these as mere<br />
logistical challenges though and doubts whether<br />
it’s the artist who requires it, or someone who<br />
thinks they do. Thomas does mention that he<br />
would love for celebrities to visit charities and<br />
appease the stakeholders, but when asked, they<br />
usually feel like it’s a commercial request that<br />
they should be paid for as other markets don’t<br />
call for this. He does mention that there hasn’t<br />
been anyone who was rude or unappreciative.<br />
We do touch upon support of local talent and he<br />
tells us while he would love too, they just have to<br />
rely on international ones due to rules and<br />
regulations. In the meantime, we have Ed Sheeran,<br />
Jennifer Lopez, Elton John and Fiesta De Los<br />
Muertos to look forward to next season.<br />
19<br />
EQUITY
Bombardier, Global 6000 and Exceptional by Design are trademarks of<br />
Bombardier Inc. or its subsidiaries. © <strong>2017</strong> Bombardier Inc. All rights reserved.<br />
We didn’t get here by sheer luck. This was deliberate.<br />
An act of craftsmanship and engineering prowess. Decades in the making.<br />
Meeting at the intersection of art and technology. Defying conventions.<br />
Redefining luxury. So when all is said and done,<br />
we’ll know that we achieved something truly extraordinary.<br />
businessaircraft.bombardier.com<br />
20<br />
EQUITY
WOMAN LEADER<br />
PHILANTHROPY IS JUST<br />
WHERE MY HEART IS AND<br />
WHAT I DO BEST<br />
Jumana Abu-Hannoud talks SOS Children’s Villages,<br />
entrepreneurship and working for H.R.H. Princess Haya<br />
There are certain people that exist for a purpose,<br />
whether to advise individuals through their path<br />
or merely exude goodness in every way possible<br />
to benefit others. Jumana Abu-Hannoud is one<br />
such woman. Her journey within the non-profit sector<br />
commenced at the age of 18 and has continued ever since.<br />
“It was something I always wanted to do. I loved going<br />
around the projects in Jordan and the villages, learning<br />
about microfinance and income generating possibilities<br />
for women,” says Jumana. The Jordanian-national was<br />
born in the UAE, raised and educated back home and<br />
returned to this country 15 years ago.<br />
Graduating in Communications from university, due to a<br />
passion for writing, Jumana initially found herself working<br />
in organisations that weren’t humanitarian. However, she<br />
made it a point to focus on social impact, be it in technology<br />
or the development sector. Upon relocating to Dubai,<br />
Jumana worked in healthcare, education, poverty and the<br />
development sector through the office of H.R.H. Princess<br />
Haya for five years. “This is where I sunk into my dream<br />
job, it was a very important turning point. I got a lot of<br />
fantastic experience and when I look back, some of the jobs<br />
I was exposed to are lessons that still refresh themselves in<br />
my mind when I have challenges in the workplace. When<br />
21<br />
EQUITY
WOMAN LEADER<br />
you work for a person like H.R.H. Princess Haya, everything<br />
you do is so meaningful,” she says. Since then, Jumana has<br />
engaged as an entrepreneur, partnered with a humanitarian<br />
agency that specialised in fund raising, consultancy and CSR<br />
and communications for the humanitarian and non-profit<br />
sector, and became a partner at a branding agency where she<br />
focused on sustainability and CSR consulting. “It’s just<br />
where my heart is and what I do best,” she goes on to say.<br />
The right opportunities came along naturally, bringing<br />
Jumana to her current role as the Managing Director of<br />
SOS Children’s Villages International (Gulf Area office),<br />
an independent, non-governmental, social development<br />
organisation that provides family-based care for children<br />
in 135 countries and territories and advocates the<br />
concerns, rights and needs of children. Approximately<br />
84,500 children and young people live in 571 SOS<br />
Children's Villages, with more than 296,800 children and<br />
youth in educational programs worldwide. “I was exposed<br />
to SOS since I was in Jordan, it’s well-known there and<br />
back in the day it had the support of the Royal family,” she<br />
tells us. SOS has been established for 68 years and was<br />
conceptualised in Austria in the aftermath of World War<br />
II. “Our founder (Hermann Gmeiner) wanted to make<br />
sure they were provided with family care rather than<br />
institutionalised care that doesn’t cater to their personal<br />
growth, as we believe a child is a child anywhere they<br />
are, or they find themselves in. They all have the same<br />
right to grow up and have the support of a family.”<br />
533 family strengthening programmes have been<br />
created worldwide, reaching 583,300 children<br />
and adults to help families stay together. 77 SOS Medical<br />
centres are also on hand, offering over 893,300 singleservices<br />
help families stay healthy. In times of crisis and<br />
disaster, SOS Children's Villages helps through emergency<br />
relief programmes – approximately 317,900 single services<br />
have been provided through 23 SOS Emergency<br />
Relief Programmes.<br />
“I started volunteering at the SOS Children’s Villages<br />
four years ago when they began to strengthen their<br />
presence here in the Gulf. I stayed with them for three<br />
years and consulted on all sorts of activities, strategy<br />
setting, communication advisory and even a bit of<br />
translation services,” she tells us. Three years later, Jumana<br />
took over the reins for the Gulf area and moved to her<br />
new title. As we chat about life and her journey to date she<br />
tells us an incident that gave her even more of a sense of<br />
I started volunteering at the SOS Children’s<br />
Villages four years ago when they began to<br />
strengthen their presence here in the Gulf.<br />
I stayed with them for three years and<br />
consulted on all sorts of activities, strategy<br />
setting, communication advisory and even<br />
a bit of translation services<br />
22<br />
EQUITY
WOMAN LEADER<br />
achievement and gratitude. “I caught up with an old friend<br />
from Jordan a few weeks ago and she said, I’m so happy<br />
for you, you’re in the right place, you’ve always been on a<br />
mission and always wanted to save someone or fix<br />
something. I felt it was very reassuring because sometimes<br />
deep down you know what you want, but when your close<br />
friends and community know that this is what you’re made<br />
of and cut off to do, it’s great.”<br />
While humanitarian practices are ingrained in Jumana,<br />
her strengths also lay in entrepreneurship, particularly<br />
mentoring. She is one of the founders of the first nonprofit<br />
organisations registered in the DIFC, known as<br />
Reach. The company provides structural mentoring for<br />
professionals and has been operational for over three<br />
years, having mentored over 200 women. “The non-profit<br />
began from the belief in the value of mentoring and the<br />
kind of support women need to succeed in the workplace.<br />
It’s something that helps and allows people to reflect and<br />
it’s very fulfilling,” she tells us. Reach is a programme<br />
which works through algorithms on a technology platform<br />
to match mentors and mentees. The programme spans<br />
over one year, with the requirement of commitment to<br />
succeed. “We bring together a pool of amazing mentors,<br />
provide orientation training to set expectations, guidelines<br />
and our code of ethics to let them know of the Reach<br />
approach. They then fill matching forms related to<br />
personal and work objectives, after which the best pairs<br />
are linked,” says Jumana. Throughout the year, Reach also<br />
offers networking opportunities, as they are keen on<br />
fostering a community. Intakes comprise of two batches,<br />
one in January and the other in April, of around 25-30<br />
pairs per cohort. Most women are from law, finance,<br />
business, corporate and entrepreneur backgrounds, with<br />
mentors being men and women.<br />
Jumana’s mentoring process began through Reach as<br />
well, with her mentor based in Lebanon. “When mentees<br />
ask me what to expect I always tell them to trust the<br />
process, you must allow yourself to grow. I also tell<br />
mentees to be realistic, not aspirational, so that you match<br />
with the right person,” she says. Her mentee phase came<br />
about at a juncture in her career, when she was pregnant<br />
with her second child not too long ago. “My second child<br />
was after a ten-year gap and it wasn’t a coincidence. Being<br />
a working mother was always a challenge, so I felt it was a<br />
critical time for me to work with someone and get help to<br />
place me on the right track. It worked wonders for me.”<br />
A typical day is never the same for a woman of her calibre.<br />
It begins early, with a school drop off and straight to work.<br />
At times, Jumana finds herself rushing home to pack a bag<br />
for travels, or meetings and events during the day. The one<br />
thing she cherishes the most, however, is downtime with<br />
her children at the end of the day. Jumana is one to praise<br />
that her line of work comprises of a day job and a passion,<br />
both of which she is truly lucky are correlated.<br />
23<br />
EQUITY
CELEBRITY<br />
A TALE OF<br />
TWO...<br />
Demi Moore and Alec Baldwin come together after<br />
20 years for their latest release Blind<br />
Hollywood actress Demi Moore gives her<br />
thoughts on love, divorce and marriage<br />
alongside everyone’s favourite Donald Trump<br />
impersonator Alec Baldwin, who stars with<br />
Demi in new film Blind. It’s been over 20 years since Demi<br />
Moore and Alec Baldwin last starred in a film together. The<br />
pair teamed up for the first time in 1996 for The Juror and<br />
they are back on screen soon with new film Blind. The film<br />
– directed by Michael Mailer – tells the story of a blind<br />
novelist [Baldwin] who rediscovers his passion for life and<br />
writing when he embarks on an affair with the neglected<br />
wife [Moore] of an indicted businessman.<br />
SO WHEN THIS PROJECT CAME UP, WAS IT<br />
ALWAYS MEANT AS A REUNION? OR WAS IT JUST<br />
YOU CAME ON OR YOU CAME ON, AND THEN IT<br />
HAPPENED?<br />
Demi Moore: I’ll let you speak, because it was Alec and<br />
Michael Mailer who had their motors going.<br />
Alec Baldwin: For these movies you go, they rise, they fall,<br />
they’re either going to get made, they’re not going to get<br />
made. Finally, when we got this group together, which<br />
includes Dylan by the way, because I think you’ve got to have<br />
somebody well known in all three roles. We live in a world<br />
now where film financing is something where they want Julia<br />
Roberts to play the nurse in one scene. They want names in<br />
every role. But I wanted to do the film and we got her to do<br />
the film and her schedule and him, then we were ready to go.<br />
WHAT DO YOU REMEMBER ABOUT THE<br />
JUROR WHERE YOU FIRST MET?<br />
Alec Baldwin: I have a few distinct memories.<br />
Demi Moore: We met long before that, when we were both<br />
little babies.<br />
Alec Baldwin: In the early Eighties. What I remember was<br />
that George Dawes Green who wrote the book The Juror<br />
was a best-selling thriller.<br />
Demi Moore: His memory is incredible. It’s crazy.<br />
Alec Baldwin: He was the ...<br />
Demi Moore: What was the date that it was published?<br />
[laughs]<br />
Alec Baldwin: That was on Penguin, that was the imprint.<br />
No. George Dawes Green wrote the book and adapting that<br />
kind of book and the behaviour of the people was tough.<br />
24<br />
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CELEBRITY<br />
Paris is one of my favourite<br />
cities, but there was<br />
something in that when we<br />
were doing that scene I was<br />
thinking about that, like<br />
somebody who had a dream<br />
but it got so buried. Her<br />
dream got so buried and she<br />
got so disconnected from<br />
that girl that she used to be.<br />
That was one of my<br />
favourite things in that<br />
IMAGES BY SHUTTERSTOCK | WORDS BY JENNY DAVIS | THE INTERVIEW PEOPLE<br />
25<br />
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CELEBRITY<br />
Alec Baldwin: I’m lucky because you’ve got to get people<br />
who can play. This, It’s kind of quiet. There’s one really<br />
rip-snorting scene where he attacks me, her husband,<br />
Dylan. But the rest of the movie is an attempt, which is<br />
always harder for me, to just let it live and be honest<br />
and be real and assume that that’s enough. Because<br />
I’ve worked with directors who are always like, they want<br />
more acting.<br />
Alec Baldwin: Yeah, ‘Do more’. To work with people who<br />
can play in that key which is very honest, it emboldens you to<br />
do the same. She’s very real. She’s not doing a lot of stuff. It<br />
was nice to be able to do a movie where we sat in that world<br />
and that tone.<br />
DID YOU DO ANYTHING SPECIFIC BEFORE<br />
THE MOVIE BEGAN ABOUT PLAYING BLIND?<br />
Alec Baldwin: Honestly speaking, visiting the Lighthouse for<br />
the Blind. We both went there together, interviewed blind people<br />
who were born blind, became blind, and talked to them about...<br />
Go ahead.<br />
Demi Moore: No, exploring. We had, particularly the woman<br />
really speaks so openly on a very intimate level about how it is<br />
to be with someone in a romantic way. How do you navigate<br />
that? How does it work?<br />
Alec Baldwin: In that way, the people tell you with their eyes.<br />
They tell you. You go to the checkout counter and the checkout<br />
girl is like, ‘That’ll be 4.95.’ And there’s something going on<br />
where you read people. When that’s removed, how do you read<br />
people? They have got a very reliable programme for that.<br />
Demi Moore: It becomes much more internal, which is such<br />
an interesting thing, that they have to go through.<br />
Alec Baldwin: Feel.<br />
Demi Moore: And probably in a much more deep and<br />
truthful way.<br />
Ted... don’t embarrass me. Google Silence of the Lambs.<br />
Alec Baldwin: Ted Tally. He wrote the screenplay and<br />
Irwin Winkler produced and an amazing group of people.<br />
Brian Gibson, who did What’s Love Got to Do with It? did<br />
the whole thing.<br />
Demi Moore: Joseph Gordon-Levitt played my son. And<br />
James Gandolfini was one of the enforcers.<br />
Alec Baldwin: I kill him. I cut his throat.<br />
THIS IS SUCH A DIFFERENT MOVIE, QUITE A<br />
ROMANTIC MOVIE IN A WAY, ABOUT TWO<br />
PEOPLE WHO SORT OF FIND EACH OTHER<br />
UNEXPECTEDLY.<br />
Demi Moore: Yeah. I think they’re two people who in different<br />
ways have completely lost their identity and in a way, each at a<br />
bottom. Yours very different, but hers in a very raw way - you’ve<br />
been dealing with it - but who kind of find each other at a time<br />
when in a way, they don’t have anything else to lose.<br />
WHAT DO YOU THINK THE MOVIE IS REALLY<br />
SAYING ABOUT LOVE, DIVORCE, MARRIAGE?<br />
Alec Baldwin: You ask us like you think we’re experts on<br />
love, divorce and marriage. [laughs] How presumptuous of<br />
you. I think that for me the movie says and this is true in my<br />
life and it’s very basic is, no risk, no reward. The risk-free life<br />
is just not the way to go. You have to risk it.<br />
Demi Moore: And that it’s never too late.<br />
YOU’RE TWO PEOPLE WHO HAVE FAMOUSLY<br />
BEEN DIVORCED AND REMARRIED AND<br />
WHERE DO YOU GET THE HOPE, AFTER<br />
SOMETHING THAT CAN BE SO DEVASTATING?<br />
Demi Moore: Where does anybody? I think you have to look<br />
at life as having.<br />
Demi Moore: Yeah and that has a public element to your<br />
pain being exposed, but it’s all relative. Everyone’s pain we<br />
all experience the same and you can either give up or show<br />
up and keep moving forward, and it isn’t easy, always.<br />
Alec Baldwin: I think you and I, we had our hard times and<br />
it got us down. Then eventually you and I, I think one thing<br />
we have in common is we woke up and we said, ‘Why<br />
wouldn’t anybody want to be with me?’ [laughs]<br />
Demi Moore: We’re like Phoenixes and we just rise. We<br />
just rise.<br />
26<br />
EQUITY
CELEBRITY<br />
THE HOLLYWOOD REPORTER THIS WEEK JUST<br />
SAID, ‘THIS IS THE YEAR OF ALEC BALDWIN.’<br />
Alec Baldwin: Wow. What do they know?<br />
BOSS BABY, $275 MILLION OR SOMETHING.<br />
IT’S REALLY A PERSONAL TRIUMPH.<br />
Alec Baldwin: It did $500 million worldwide, yeah.<br />
THERE WILL BE UNDOUBTEDLY A SEQUEL?<br />
Alec Baldwin: Yeah, we signed a sequel.<br />
Demi Moore: I don’t get to be a Boss Baby? [laughs]<br />
THE TRUMP THING WITH SNL? WILL THAT<br />
CONTINUE?<br />
Alec Baldwin: I’m sure it will in some sense. Lorne<br />
[Michaels] is obviously the great arbiter of that and he’s<br />
very smart.<br />
Demi Moore: If it doesn’t cut into his weekends.[laughs]<br />
Alec Baldwin: Right, I want to be with my kids. But we’ll<br />
do something.<br />
HAS TRUMP BARRED YOU THE WAY HE HAS<br />
SOME PEOPLE FROM HIS TWITTER?<br />
Alec Baldwin: I really don’t know. I really don’t keep track<br />
of that, because obviously what I’m doing now is reading<br />
the news, reading my feed. Twitter for me is a news feed<br />
among other things, and I’m trying to read it and hack my<br />
way toward what really matters. I’ve learned, it’s taken me a<br />
while, what is really trite.<br />
IS THIS A PLANNED THING – ‘I WANT TO GO<br />
BACK TO WORK SOME MORE?’<br />
Demi Moore: I think the intention of yeah, things gearing up<br />
and then it aligning, because this obviously we shot awhile<br />
back, so it’s interesting how the universe worked to actually<br />
converge them to be coming out at the same time, which was<br />
perfect. We were shooting it at the end of 2015.<br />
YOU END UP IN PARIS AT THE VERY END AND<br />
SHE SAYS, ‘PARIS HAS ALWAYS BEEN MY<br />
FAVORITE CITY.’ DOES THAT STRIKE YOU AS<br />
SOMETHING YOU WOULD SAY?<br />
Demi Moore: It is one of my favourite cities, but there was<br />
something in that when we were doing that scene I was<br />
thinking about that, like somebody who had a dream but it<br />
got so buried. Her dream got so buried and she got so<br />
disconnected from that girl that she used to be. That was one<br />
of my favourite things in that.<br />
ALEC, WHAT WOULD YOU SAY IS YOUR<br />
FAVOURITE CITY?<br />
Since I met my wife, I don’t know why I have this very peculiar<br />
love affair with Madrid. My wife was raised in Spain and when<br />
we go to Spain and go to Madrid I love that, because the<br />
27<br />
EQUITY
CELEBRITY<br />
mask and you could not tell a thing.<br />
Alec Baldwin: I think and the same is<br />
true with her. Eventually, if you’re lucky,<br />
because I know that I only deal every day<br />
with what’s real. I don’t wake up in the<br />
morning and go, ‘Oh mirror, mirror on<br />
the wall. Who’s the most fabulous<br />
59-year-old mediocre Trump<br />
impersonator of them all?’ I don’t go<br />
there ever, ever in a self-aggrandising way.<br />
I think for her and I, you wonder with<br />
what we’ve been through, that you just<br />
have to see that it’s not real. None of it is<br />
real. What they say about me, if I was who<br />
they said I was, I would have jumped off a<br />
cliff by now. I just don’t believe it’s real.<br />
Demi Moore: You live with what you<br />
know is the truth and what’s important<br />
and you ride the wave of the other.<br />
Alec Baldwin: You make your<br />
own world.<br />
Spanish people are very kind and loving, but polite. They’re not<br />
too aggressive. They nod to you and they ask if you want to<br />
take a picture. Although my favourite moment, I think I told<br />
this to you, is I was at the Prado and I go to see the Velazquez<br />
Christ, which is the most beautiful painting in my mind of<br />
Christ on the Cross. I go to see it and I meander through the<br />
Prado one day and I get tired because it's so intense. You’re<br />
there for two hours. I go back to the hotel. My wife was driving<br />
down to the south to see her friends in Murcia, where she grew<br />
up. Then she comes back and I go the next day for round two<br />
and finally at the end of the trip to visit, I find the little ante<br />
room and there was the Velazquez Christ, and the tears just<br />
start rolling down my face - it’s the most beautiful painting.<br />
As I’m sitting there, the places are closing and people are<br />
filing out. As I’m standing there taking this in, this woman<br />
taps me on the shoulder and she looks at me and she has a<br />
camera and I think she was from Japan but she goes, ‘Photo?’<br />
I literally think I said to her, I was like, ‘Could I have just one<br />
more moment with Christ, if you don’t mind and then I’ll<br />
take the photo? Just one last moment with Jesus on the cross<br />
here, and then you and I will do the photo.’ But I find that<br />
usually there it’s the opposite. People kind of leave you alone.<br />
FOR CELEBRITIES NOW IT SEEMS LIKE IT’S<br />
BECOME A 24/7 NEWSCYCLE. HOW DO YOU<br />
TWO MANAGE TO LIVE WITH THAT? IS IT<br />
EASIER AS IT GOES ALONG? DO YOU GET<br />
DISGUISES, WASN’T THERE SOMEBODY WHO<br />
JUST SAID HE WEARS A FALSE NOSE?<br />
Demi Moore: Who does that? I don’t know who that is.<br />
I have known of people who’ve had full CIA-type masks made.<br />
I know someone.<br />
Alec Baldwin: Really?<br />
Demi Moore: Yeah, big actor, big director.<br />
Alec Baldwin: Wow.<br />
Demi Moore: I think he finally got busted because he went in<br />
some club and they noticed the same shoes. It was an old man<br />
WILL YOU GO BACK TO STAGE?<br />
Alec Baldwin: Probably not in New York. In those<br />
moments that I have the time, in the seams of my schedule<br />
where I can do that. Long story short is maybe London,<br />
maybe L.A. I’d like to do something outside of New York.<br />
I’ve done New York before. I’d love to go to London.<br />
London’s my passion.<br />
AND DEMI, YOU MADE YOUR OFF-BROADWAY<br />
DEBUT, WHICH WAS VERY SUCCESSFUL.<br />
Demi Moore: My one and only play.<br />
Alec Baldwin: No.<br />
Demi Moore: It is, my one and only play.<br />
Alec Baldwin: You just don’t like the schedule.<br />
Demi Moore: No, no. It was just, I think I had, it was with<br />
Circle Rep and it was overall a great, incredible experience.<br />
The Early Girl it was called. Caroline Kava wrote it.<br />
Alec Baldwin: In what year?<br />
Demi Moore: Like '83.<br />
Alec Baldwin: You were a child.<br />
Demi Moore: Maybe '84. I think that I had a terrifying<br />
experience which I’m sure everyone does, which is at one point<br />
came onto the stage and it was like I had left my body and I<br />
came back and I didn’t know where we were, what my line was.<br />
I think that so panicked me that I haven’t done another one.<br />
Alec Baldwin: I love plays because I sit there, not all the<br />
time, but I’ll sit there and in some sense I’ll be in my dressing<br />
room and I’ll think, ‘My God. I’m going to go out there now<br />
and I know exactly what I’m going to say, I know exactly<br />
what you’re going to say. I know exactly what effect it’s<br />
going to have on them. I love it. I love doing plays.<br />
Demi Moore: I would like to do it again. I think I should,<br />
because I would be cheating myself if I didn’t. I did one of<br />
those 24-hour plays. That’s the only other thing I’ve done and<br />
that was great. I did that here.<br />
WHERE YOU DO IT ALL IN 24 HOURS?<br />
Demi Moore: Yes. It was great, though.<br />
28<br />
EQUITY
FOUNDING MEMBER OF THE QUALITY FLEURIER CERTIFICATION AND PARTNER OF THE FONDATION DE LA HAUTE HORLOGERIE<br />
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10-DAY FLYING TOURBILLON<br />
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AHMED SEDDIQI & SONS, DUBAI I AL MANARA, ABU DHABI I AL AWADI, SULTANATE OF OMAN<br />
ASIA JEWELLERS, BAHRAIN I ATAMIAN, LEBANON I BEHBEHANI, KUWAIT I BLUE SALON, QATAR<br />
29<br />
EQUITY
EDUCATION<br />
SUMMER CAMPS <strong>2017</strong><br />
Edutaining adventures and getaways for children Words by Olive Sevilla<br />
INTERNATIONAL RIDING CAMP<br />
When: June 18 - August 28<br />
Where: Greenfield Park, New York, USA<br />
Price: $2,500 to $20,000++<br />
Specially designed for girls between the ages of 7-17. The camp includes multiple disciplines featuring<br />
equestrian riding, cross country riding and polo. In addition to horse related activities, they also offer<br />
water sports and arts and crafts activities. The horse riding classes gradually increase in complexity<br />
and your girls will make friends with students all the way from the United Kingdom to South America.<br />
www.horseridingcamp.com<br />
CAMP LAUREL<br />
When: June 24 – August 11<br />
Where: Mount Vermont, Maine, USA<br />
Price: $12,800++<br />
This all-American camping site is the kind we<br />
see in movies, the ones we've always wanted to<br />
attend. Located in Readfield, Maine, the camp<br />
has been operating since 1949. There are more<br />
activities for your kids than most schools<br />
provide such as athletics, water sports,<br />
gymnastics, track and field, horse riding, etc.<br />
and with the camp running at nearly two<br />
months duration, your children will have plenty<br />
to keep them occupied. Hurry up and register as<br />
seats get taken up quickly.<br />
www.camplaurel.com<br />
NEW YORK FILM ACADEMY<br />
SUMMER CAMP<br />
When: Dates depending on the Adventure<br />
Package<br />
Where: Various locations<br />
Price: $1,000 to $7,500++<br />
The prestigious New York Film Academy is<br />
the alma mater of many seasoned and<br />
decorated directors and performers and if your<br />
kids harbour the dream, this is a chance to<br />
hone their craft. There are three campuses in<br />
the United States in NYC, LA and South<br />
Beach, so take your pick.<br />
www.nyfa.edu/summer-camps<br />
30<br />
EQUITY
EDUCATION<br />
JUNIOR & TEEN CAMP<br />
When: <strong>July</strong> 2 - August 13<br />
Where: Laax, Switzerland<br />
Price: $2,200 to $16,500++<br />
Part of an international chain of camps<br />
designed for children from the ages of<br />
seven to 16, this family owned<br />
enterprise has been instrumental in<br />
many children's summers since 1965.<br />
A truly multicultural camp, these<br />
camps have seen friendships thrive<br />
and survive. With activities rivalling<br />
their international counterparts, this<br />
Swiss masterpiece of a camp is sure to<br />
keep your young ones entertained all<br />
summer long.<br />
www.jtcamp.ch<br />
ACTION QUEST<br />
When: Dates depending on the Adventure Package<br />
Where: Various locations<br />
Price: $4,000 - $20,000<br />
For thrilling child and teen adventures programs, look no further than Action<br />
Quest that has been operation for over 40 years. If your offspring is interested in<br />
marine biology, wants to learn scuba diving or engage in water sports and sailing in<br />
a safe environment, watched over by professionals, it can all be done and learned at<br />
these camps. Life-long skills they can learn, have fun at and cherish for years and<br />
years to come.<br />
www.actionquest.com<br />
HIGH CASCADE SNOWBOARDING CAMP<br />
When: June 16 - August 12<br />
Where: Portland, Oregon, USA<br />
Price: $2,000 to $3,000++<br />
Snowboarding is a fun experience that doesn’t need to be just for adults, and it's<br />
definintely a sport everyone enjoys. This camp located in Clackamas County,<br />
Oregon is the world’s only 100 per cent dedicated snowboarding camp with<br />
activities ranging from beginner to pro. As this is a camp both adults and children<br />
will enjoy, make it worth your family’s while by indulging in everything they have to<br />
offer. Who knows, maybe your child will compete at the next Olympics?<br />
www.highcascade.com<br />
31<br />
EQUITY
LOCAL STAR<br />
#SUPPORTLOCAL<br />
Discover this entrepreneur’s journey<br />
Emirati-national Jelena Bin Drai is<br />
no stranger to the social scene. The Miss<br />
Yugoslavia World (title winner in 1998)<br />
was born in Žabalj – North of Serbia<br />
– raised in the country and graduated in<br />
Architecture, with a Masters in<br />
Economics. After living in Italy and<br />
Greece for her modelling career, Jelena<br />
relocated to the UAE in 2001, and has<br />
made the country home ever since,<br />
launching a plethora of business entities.<br />
JELENA BIN DRAI<br />
Tell us about your company?<br />
Jelena Bin Drai is a luxury brand catering to sophisticated<br />
women who are modest and modern at the same time. We<br />
are a small company with ten employees, and have grown<br />
rapidly since we launched due to the highest quality fabrics<br />
we use for our chic and wearable collections.<br />
What field were you in before you launched your<br />
brands?<br />
I was a model for 12 years and afterwards launched several<br />
business entities before launching my brand. The other<br />
business I launched include Al Das Medical Clinic, Asya’s<br />
Nursery, Milk and Honey Trading company and high end<br />
deli’s and Vanilla Cosmetic salon. Starting Jelena Bin Drai,<br />
the brand, was a very natural step for me since I was an<br />
international model for 12 years. By working with all the<br />
big names and famous designers that built and constructed<br />
their dresses on me for years, I learned first-hand from the<br />
best. Working with those great designers is how I learned<br />
everything about constructing beautiful dresses and doing<br />
good fittings, which now I’m known for. We launched<br />
four years ago – the first two years were more like a hobby<br />
which grew rapidly into a serious brand.<br />
Why/how did you see a need for your brand in the<br />
market?<br />
Living in the region, I noticed a gap in the market for modern<br />
pieces that are timeless and sophisticated. I constantly saw<br />
items that were either too long or too short. When I started<br />
Jelena Bin Drai, I made pieces that represent me and who I<br />
am. I wanted to merge the East and the West and cater to<br />
ladies like me who are Europeans married to Middle Eastern<br />
men, along with business women with a family.<br />
What have been your major challenges till date?<br />
We have had amazing exposure through media in the region,<br />
however it’s very difficult to enter the regional department<br />
stores. It’s always challenging to compete with the more wellknown<br />
and international brands. I feel like the region should<br />
have a broader budget to support the regional designers and<br />
give them more exposure.<br />
Have you secured funding or gearing up for a round?<br />
It’s difficult to answer since the fashion industry is different<br />
than managing my other businesses which are more established.<br />
I can only forecast seasonally depending on our sales.<br />
Where do you see your brand in five years?<br />
We don’t have an exact plan since we cannot project so far<br />
ahead. We usually take it by season to season. For the next<br />
four collections, we hope to reach all the major shops in the<br />
market and be more recognized. To increase sales through<br />
our online shop, studio and department stores we are stocked<br />
in. I also want to reach the international market and grow the<br />
brand internationally. We already stock in two shops in UK,<br />
but would be great to expand and reach different markets.<br />
32<br />
EQUITY
CITIZENSHIP BY INVESTMENT<br />
The exclusive way to say hello to freedom<br />
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+971 (04) 243 2032 ▪ contact@riftrust.com<br />
U-BORA Tower ▪ Office 902 ▪ Business Bay<br />
PO BOX 487381 ▪ Dubai ▪ United Arab Emirates<br />
33<br />
EQUITY
THE RITZ-CARLTON YACHTS<br />
WILL REVOLUTIONIZE THE<br />
HOSPITALITY BUSINESS<br />
The first of three vessels, each<br />
fitted with 149 suites, will<br />
embark on its maiden<br />
voyage in 2019<br />
THE HENNESSEY THAT’S FASTER<br />
THAN THE WIND<br />
The Hennessey Venom F5 has the Bugatti<br />
Chiron in its sights<br />
AIRBUS’ BEWINGED HELICOPTER IS<br />
BUILT FOR SPEED<br />
The Racer will be able to hit a top speed of<br />
nearly 250mph<br />
THE WORLD’S TOP-EARNING CELEBS<br />
FORBES RELEASES ITS MUCH-AWAITED ANNUAL LIST AND<br />
IT’S AN EYE-OPENER<br />
THE WORLD HAS<br />
MORE UHNWIS<br />
THAN EVER<br />
BEFORE<br />
ECONOMIC<br />
DOWNTURN.<br />
WHAT’S THAT?<br />
Follow us on social media<br />
34<br />
EQUITY<br />
EQUITYMEDIAUAE
ody<br />
Pastel tones are here to stay<br />
this summer and so are<br />
stripes for men. For the latest<br />
in beauty, trends and wellness<br />
treatments, look no further<br />
35<br />
EQUITY
FASHION<br />
TRENDING NOW:<br />
Stripes have emerged from almost every show at<br />
London Fashion Week offering the flattering pattern<br />
in a relaxed and formal manner. Particular highlights<br />
feature brown and blue strips as seen at Etro and<br />
the statement jacket from Salvatore Ferragamo.<br />
In keeping with soaring temperatures, Versace’s<br />
pinstripe suit is ideal for a statement-worthy outing<br />
that calls for smart casuals. If you aren’t convinced<br />
just yet, don the trend with one striking piece – either<br />
a vertical striped tee or casual playful shorts.<br />
SALVATORE<br />
FERRAGAMO<br />
MEN'S SS18<br />
ZEGNA<br />
SS18<br />
LES BENJAMINS<br />
ETRO MENS WEARCOLLECTION SS18<br />
VERSACE<br />
MEN'S SS18<br />
36<br />
EQUITY
TRENDING NOW:<br />
FASHION<br />
When in need of an ensemble that exudes<br />
femininity, softness and playful elements, you<br />
can’t go wrong with pastel shades. Take your<br />
outfit from business meetings to ladies’ lunch<br />
with the addition of a statement necklace and<br />
a graceful swipe of red lipstick. Post sundown,<br />
team it with a diamond encrusted timepiece –<br />
perhaps the Chanel Première Camélia Skeleton?<br />
– that’s sure to be a conversation-starter.<br />
PAULE KA<br />
Pre-Fall 17<br />
KRISTINA<br />
FIDELSKAYA<br />
JELENA<br />
BIN DRAI<br />
SS17<br />
KRISTINA<br />
FIDELSKAYA<br />
37<br />
EQUITY
TRENDS<br />
The<br />
CHECKLIST<br />
Chic picks to keep you vogueish this summer<br />
THE PERFECT MATCH<br />
To mark the third edition of the Rallye Passione Caracciola, taking place from June 21st to 25th, Santoni has<br />
launched a series of products featuring a sneaker, lace-up, backpack and travel documents holder, all in<br />
hand-coloured, polished calfskin shades of brown. Adorned with 144RC logo, in honour of the great pilot<br />
Rudolph Caracciola, the capsule collection offers timeless pieces for classic car aficionados. Available on<br />
Santoni’s e-shop and in the Milanese boutique on Via Monte Napoleone starting from June 21st, when the<br />
convoy of historical cars will start their competition driving through Milan.<br />
38<br />
EQUITY
TRENDS<br />
RIVETING RUBIES<br />
A ruby’s luring demeanour, symbolic of passion, love and<br />
energy makes it a striking gemstone to don at gala dinners<br />
and gatherings. <strong>July</strong>-born individuals can grace their<br />
birthstone with this stunning pair of Stephen Webster<br />
earrings featuring Gemfields Mozambican Rubies.<br />
Dhs164, 500 at stephenwebster.com.<br />
NEED A LIFT?<br />
We love caviar on our skin, just as much as we adore it on<br />
blinis. This season, we’re reaping the condiment’s benefits<br />
with the re-launch of La Prairie’s Skin Caviar Liquid Lift.<br />
Back with an enhanced formula, the skin saviour produces<br />
long lasting results leading to diminished ageing, firmer<br />
skin and a rejuvenated glow, thanks to the beads in this<br />
peptide gel combined with the Recovery Complex<br />
emulsion. Dhs2,225 at La Prarie.<br />
4 REASONS TO…<br />
GET YOUR HANDS ON<br />
The Bandit<br />
1) This slouchy everyday bag showcases a stunning<br />
silhouette with two bags in one, featuring a<br />
detachable interior compartment.<br />
2) Travelling light? This is just the bag you need to lug<br />
around, as it can be used as a shoulder bag for a fussfree<br />
stroll around the city, or detached to use the<br />
clutch for a soirée.<br />
3) The buttery pebbled leather is as soft as baby’s<br />
skin, with minimal hardware highlighting the natural<br />
drape of leather and distinct lining that infuses a<br />
bold and textural touch.<br />
4) The bag is available in six colours and various<br />
textures, while the interior pouch comes in assorted<br />
prints, including pretty florals.<br />
DHS3,500 AT COACH.COM<br />
AND SELECT COACH STORES<br />
39<br />
EQUITY
IN STYLE<br />
HOP<br />
talk<br />
The stores to visit for<br />
Syour next shopping haul<br />
WINTER<br />
IS COMING<br />
It’s a bit too early to be<br />
filling our closets with<br />
next seasons’ items, but<br />
there’s nothing worse<br />
than missing out on key<br />
pieces. Paule Ka’s latest<br />
Fall-Winter collection has<br />
us falling head over heels<br />
in love with classic tweeds,<br />
patterned woolens,<br />
unusual fabrics such as<br />
Lurex knit sparkles, and<br />
the playfulness of the<br />
ultra-feminine corset.<br />
High-shine patent leather,<br />
python skins and mirrored<br />
heels will soon be spotted<br />
around town.<br />
CLASSIC TAKE<br />
AIGNER'S Zoe Bag from the Spring<br />
Summer <strong>2017</strong> collection introduces us<br />
to the colour and texture of the late<br />
Seventies, disco flair and Studio 54<br />
silhouettes, prominent in the Nineties.<br />
The gorgeous pieces feature an<br />
adjustable shoulder strap allowing for<br />
comfortable carrying while sightseeing,<br />
and if that isn’t convincing enough,<br />
perhaps the personalised textile lining in<br />
grained cowhide may tempt you.<br />
LACE AND LAYERS<br />
Heading off to a gala dinner, wedding or<br />
summer soiree? Kristina Fidelskaya’s Côte<br />
d’Azur collection showcases 25 dresses to suit<br />
every individual’s style. Floral lace, layers and<br />
Swarovski crystals are just a few of the stunning<br />
elements that make these pieces dazzle under<br />
the moonlight.<br />
Available at the Kristina Fidelskaya Boutique in<br />
Wafi Mall Dubai and the showroom located in<br />
Dubai Design District (D3), Building 7.<br />
SUMMER SCENT<br />
If you’re looking for a fragrance that complements<br />
your summer wardrobe, look no further than the<br />
Lengling apéro from the LENGLING Parfums<br />
Munich. Two contrasting notes of Leng and Ling<br />
amalgamate for a fresh, warm and sensual aroma<br />
apt for balmy evenings. Sophisticated chardonnay,<br />
sparkling citrus and mimosa giving the scent its<br />
signature notes, while musk, oud, cashmeran and<br />
tonka bean lend intensity. Dhs945 at Paris Gallery.<br />
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EQUITY
41<br />
EQUITY
WELLNESS<br />
INDULGE<br />
YOURSELF<br />
Tried-and-tested experiences of the month<br />
MARQUEE<br />
Service: Treat Me moisture mask and styled cut<br />
Verdict: Your hair says a lot about you, aside from framing<br />
your features. When the temperatures rise, and the split<br />
ends come to light, it’s time to take a few hours of me-time<br />
and get your locks back to its glossy natural state. After<br />
sinking into plush leather chairs, hair was washed and<br />
conditioned several times before a Kevin Murphy moisture<br />
mask shot was applied all over lacklustre locks. If cashmere<br />
had an aroma it would smell like this treatment, as it<br />
instantly made us feel warm and cosy, especially with the<br />
hot towel wrapped around the scalp to sink into the pores.<br />
Quick wash and on the chair we sat to shorten hair length<br />
while getting a few tips from the senior hair expert. We<br />
were told, a leave-in serum or argan oil works wonders for<br />
hair, while a coconut oil application or hair mask is ideal for<br />
sauna visits. To give the cut oomph, we opted for a<br />
glamorous blowout with curls, leaving tresses as light as<br />
ever with a silky finish. We couldn’t resist running fingers<br />
through our glossy structured mane.<br />
Need to know: The Treat Me moisturising treatment is<br />
priced at Dhs150, with the styled cut (by the salon<br />
director) at Dhs425. Call 04 399 5336<br />
42<br />
EQUITY<br />
CARO BEAUTY SPA<br />
Service: Moroccan bath<br />
Verdict: Step into the beauty lounge, tucked away at Dar Al Wasl<br />
centre, and you will feel as though you have arrived at a tropical<br />
Moroccan paradise, complete with water features, glass lanterns<br />
that hang from the ceiling, plush velvet cushions and candles dotted<br />
around each corner. The treatment room is covered in steam,<br />
featuring ornamental gold elements that give the spa a regal vibe.<br />
The treatment begins with a natural black soap applied all over your<br />
body, after which it is rinsed and the loofah scrubbing commences.<br />
It does seem a bit abrasive at first, however, this is the technique<br />
traditionally used to slough off dead skin cells and trust me, you get<br />
used to it almost enjoying the tingle a little. After being rinsed off, an<br />
argan oil soap is smeared all over, rinsed off again, and followed up<br />
with a scented scrub – pick between coffee and a subtle honey<br />
aroma. The latter was chosen and scrubbed into the skin before a<br />
clay mask was massaged in to hydrate skin. A little nap, quick hair<br />
wash and rinse off, and we were laying in bed with water dripping<br />
down from the rain showers above – this was probably the best<br />
part of the ritual. There’s no other way to end the ceremony, then<br />
with a glass of freshly prepared Moroccan tea and scented argan oil<br />
rubbed into the skin. That’s exactly what happened before we<br />
walked away with rejuvenated, glowing and supple skin.<br />
Need to know: The Moroccan bath treatments begin from Dhs350,<br />
and can be accompanied by a full body massage. Call 04 227 7719
soul<br />
Explore picturesque Geneva<br />
with our nifty guide and<br />
discover gifts, the latest in<br />
automobiles, gadgets and<br />
art. Asian cuisine lovers can<br />
pick two top eateries to try<br />
in the UAE, as well as other<br />
spots worth a visit in town<br />
43<br />
EQUITY
44<br />
EQUITY
COLLECTOR'S PIECES<br />
ON OUR RADAR<br />
Striking statement pieces<br />
WRITING INSTRUMENT<br />
Montblanc<br />
WRITERS EDITION ANTOINE DE SAINT-EXUPÉRY 1931<br />
There’s that tactile feeling of putting pen to paper which clicking away on a keyboard can never appease. Montblanc’s<br />
Writers Edition pieces have constantly been much-anticipated amongst pen enthusiasts, with the 26th edition living up<br />
to the legacy. Paying homage to French author and pioneering aviator Antoine de Saint-Exupéry, the writing instrument<br />
was created based on his celebrated novel Night Flight and experiences as an airmail pilot. The shape of the pen elicits<br />
his Caudron Simoun plane with engravings on the night blue precious resin barrel and cap, reminiscent of the rivets of<br />
the aircraft. The cockpit of his plane, where he spent hours alone on long flights contemplating life, is indicated through<br />
the platinum coated fittings, with a nod to his nomadic lifestyle exuded by the geographic position of significant cities in<br />
Saint-Exupéry’s life, finely engraved on the cone. The delicate star engraving on the platinum coated Au750 solid gold<br />
nib is an indication to the illustrated star from the tale of The Little Prince. An engraving of Saint-Exupéry’s signature<br />
adorns the cap as if penned by the author himself.<br />
To coincide with the launch, Montblanc has created a new ink inspired by the colour of the desert at sunset,<br />
referencing the author’s mechanic crash in the Sahara. The piece is available as a fountain pen, rollerball, ballpoint and<br />
mechanical (only as part of a set).<br />
MONTBLANC.COM<br />
45<br />
EQUITY
COLLECTOR'S PIECES<br />
GADGETS<br />
Cirrus Aircraft<br />
SF50 VISION JET<br />
It’s the world’s smallest and most reasonable private jet and,<br />
might we add, one of the safest too. It has a parachute<br />
system that deploys a parachute encompassing the entire<br />
aircraft allowing it to float back to terra firma from its cruising<br />
altitude of 28,000 feet in the event of engine failure. The<br />
aircraft can seat five adults and two children and has a range<br />
of 1,380 miles – that’s Abu Dhabi to Mumbai in a single hop.<br />
The Cirrus manufacturing facility at Grand Forks in North<br />
Dakota and Duluth in Minnesota is tooled to manufacture<br />
125 units of this lightweight single-engine carbon fibre jet<br />
each year. It has an operating cost of just $600 an hour,<br />
compared to other small private jets that run into the<br />
thousands, making the Vision Jet a value proposition you<br />
wouldn’t want to pass up.<br />
$2 MILLION (DHS7.3 MILLION) AT CIRRUSAIRCRAFT.COM<br />
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EQUITY
McIntosh<br />
MA9000 INTEGRATED AMPLIFIER<br />
COLLECTOR'S PIECES<br />
It’s the most powerful integrated amp produced by the New<br />
York-headquartered audio specialist, generating 300 watts of<br />
power per channel – plenty enough to drive any high-end speaker.<br />
Don’t be fooled by its sharp-edged boxy aesthetic that looks as<br />
though it was a product of the Nineties. This integrated amp brings<br />
things up to date with 10 analogue and six digital inputs including a<br />
USB port. Moreover, the optical module can be switched up and upgraded<br />
as new technology comes along. Sounds like the future to us.<br />
$10,500 (DHS38,500) AT MCINTOSHLABS.COM<br />
Vulcan Innova<br />
V152 WINDER<br />
It’s a BMW straight-six engine block that has been converted into a watch<br />
winder. We all love our manual-winding mechanical timepieces, but spending<br />
the better part of the commute to the office winding it up isn’t an attractive<br />
proposition. This watch winder will take over the job for you. Mount your<br />
watch, or up to six of them, on the pistons that are configured with cushions<br />
that submerge into the block during the winding process. You can electronically<br />
control the speed, acceleration and frequency of the winding process to<br />
prevent damage to the movement. These made-to-order watch winders are<br />
numbered and limited to just 52 units.<br />
$25,000 (DHS91,8000) AT VULCANINNOVA.COM<br />
Trondheim Trawlers<br />
TRONDHEIM 43<br />
This is the world’s first electric trawler – the<br />
kind you’d want to use to wade into<br />
Norwegian fjords and freezing Alaskan<br />
waters and leave behind a minimum carbon<br />
footprint. There are two Torqeedo Deep<br />
Blue i 1,400rpm electric motors powered<br />
by two battery packs. Built as a Class A<br />
vessel, this one’s set up for long-range<br />
(2,500 nautical miles) expeditions. On fullelectric<br />
mode, it can travel for up to six<br />
hours. There are two diesel generators on<br />
board to recharge those batteries. It can<br />
accommodate up to six people with all the<br />
necessary creature comforts on board. Get<br />
set to plot those navigation charts.<br />
$650,000 (DHS2.3 MILLION) AT<br />
TRONDHEIMTRAWLERS.COM<br />
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EQUITY
COLLECTOR'S PIECES<br />
FURNITURE<br />
THE RUG COMPANY WITH THE HOUSE OF<br />
Elie Saab<br />
Renowned fashion designer Elie Saab is synonymous with elegance, femininity<br />
and modernity. The latest collaboration with The Rug Company has resulted in a<br />
sophisticated rug design created with naturally the highest levels of craftsmanship.<br />
Inspiration stems from foliage, floral motifs, textures and abstraction, with each<br />
rug from the collection instilling personality to a room. Those looking for a<br />
grey hue rug can opt for In Bloom featuring mirror patterns of oversized florals in<br />
silk tones of teal, gun metal and green. The barely-there piece, Lace Leaves,<br />
features the designer’s signature delicate lace motifs, accompanied by abstracted<br />
leaves in raised silk yarns that float on a matte wool background.<br />
Art enthusiasts will love the Brushstrokes with painterly movements in subtle<br />
colours, perfectly complementing the lustrous silk.<br />
VISIT THERUGCOMPANY.COM<br />
48<br />
EQUITY
THE ETERNAL MOVEMENT<br />
Ulysse Nardin, from the movement of the sea to the perpetual<br />
innovation of Haute Horlogerie. For over 170 years, the<br />
powerful movement of the ocean has inspired Ulysse Nardin<br />
in its singular quest: to push back the limits of mechanical<br />
watchmaking, time and time again.<br />
Marine Regatta<br />
Chronograph<br />
Countdown timer<br />
Silicium technology<br />
ulysse-nardin.com<br />
ULYSSE NARDIN BOUTIQUES: The Dubai Mall +971 44341421, Mall of the Emirates +971 43950577, Beirut Souks +961 1992092<br />
Abu Dhabi: Al Manara International Jewellery Amman: Time Center Bahrain: Asia Jewellers Cairo: BTC Exclusive Doha: Ali Bin Ali<br />
Jeddah: First Jewelry Kuwait: Morad Yousuf Behbehani Muscat: Le Carat Riyadh: First Jewelry<br />
49<br />
EQUITY
TALKING WATCHES<br />
HOROLOGY<br />
THE ADMIRAL<br />
Swiss watchmaker Ulysse Nardin is powering full steam ahead, never mind the headwinds<br />
Words by Varun Godinho<br />
Not many hallowed Swiss watchmaking houses have the<br />
derring-do to debut a luxury watch christened Freak. But<br />
courage is something Ulysse Nardin has in spades. When<br />
it introduced the Freak wristwatch in 2001, it used a<br />
material that no other watchmaker had ever used until<br />
that point – silicon (the French call it silicium).<br />
Ulysse Nardin has a 171-year-old history that’s deeply<br />
steeped in the manufacture of chronometers – ultraprecise<br />
mechanical devices used as navigation instruments<br />
in the nineteenth century.<br />
The former owner and CEO of the brand, Rolf<br />
Schnyder, set a brave course for the brand ever since he<br />
acquired it in 1983 right until his death in 2011. It was his<br />
trusted lieutenant Patrik Hoffmann who took over as<br />
CEO in 2011. Hoffmann continues to helm the brand that<br />
was acquired by French luxury conglomerate Kering<br />
in 2014.<br />
Here, in an exclusive interview with EQUITY, Hoffmann<br />
charts his vision for Ulysse Nardin.<br />
Why did you choose to exhibit at the SIHH (Salon<br />
International de la Haute Horlogerie) instead of Baselworld?<br />
The word that comes to mind is exclusivity. Now, after<br />
being there (at the SIHH) for two days last January, I am<br />
even more convinced that we made the right choice.<br />
What were the biggest lessons you learnt from Rolf Schnyder?<br />
At a business level, I learnt from him to be courageous,<br />
make bold decisions and be flexible. On a personal level, I<br />
learnt from him to stay with both feet on the floor and to<br />
be humble even when one is successful. The personal<br />
lesson also helps in the business world.<br />
Is there an example where you’ve implemented it recently?<br />
The latest example is the new model called the Marine<br />
Torpilleur that we introduced this week. A year ago, we<br />
had our three-year strategic plan and this timepiece<br />
wasn’t on our list. It’s a typical decision which was out of<br />
the plan, a courageous decision.<br />
ULYSSE NARDIN CEO PATRIK HOFFMANN;<br />
THIS FACILITY IN LA CHAUX DE FONDS<br />
IS ONE OF FOUR MANUFACTURING<br />
SITES IN SWITZERLAND<br />
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EQUITY
TALKING WATCHES<br />
You started your career as an accountant. How did you<br />
get involved in the watch industry?<br />
I had a mentor who was the owner of Oris, and still is the<br />
owner of Oris. He approached me and said, ‘Look, if you want<br />
to make a career even though you have a degree in finance, I<br />
recommend you go abroad and you study marketing or<br />
management, either in England or America.’ It was he who<br />
pushed me towards doing that and today I’m thankful to him.<br />
When did you first meet Rolf Schnyder?<br />
I moved to Malaysia in 1996. I was with a distribution<br />
company that distributed Blancpain and Ulysse Nardin. Even<br />
though we both (Schnyder and I) lived in Malaysia only<br />
5oo-metres apart from each other, we didn’t meet until<br />
Baselworld that year on a sailing yacht on the River Rhine.<br />
And the first time Rolf offered you a job you turned it down?<br />
I was approached by him two-three times. He was a very<br />
persistent person. Each time I told him, ‘There are two things.<br />
Firstly, in your company everything is in French. The second<br />
thing is that Le Locle is at the end of the world. So, I’m sorry I<br />
cannot join you.’<br />
What changed then?<br />
He offered me a job in Florida and said, ‘I’m going to ask you<br />
again, but this time it’s not for Switzerland, it’s for Florida. Would<br />
that interest you? I would like to build up the market for Ulysse<br />
Nardin in America.’ When I heard that, I immediately said yes.<br />
Have there been many changes after Kering acquired<br />
Ulysse Nardin?<br />
When I see my colleagues, the engineers and the brains<br />
behind the brand, nothing has changed and neither has our<br />
decision-making process which is still very fast. Kering has<br />
supported the decisions we took regarding our manufacture<br />
and investments in silicium. What has changed is the whole<br />
financial reporting system. My work has changed because<br />
the reporting is different and there are more corporate<br />
things going on at my level. I always say that it’s the same<br />
thing, just different.<br />
A WATCHMAKER ASSEMBLING THE<br />
MOVEMENT OF A FREAK TIMEPIECE<br />
MARINE TORPILLEUR<br />
INNOVISION 2<br />
NORTH SEA MINUTE<br />
REPEATER<br />
Could you give us an overview of Ulysse Nardin’s<br />
manufacturing facilities?<br />
We have four plants in Switzerland. The one in La Chaux de<br />
Fonds produces all our movements. In Le Locle, we have an<br />
administration facility that conducts after-sales service and is<br />
also where we do our high complications. We have a second<br />
location in Le Locle, an enamelling facility, where we produce<br />
dials. We have a fourth plant in Sion where we produce<br />
silicium parts for ourselves and our competitors.<br />
What are your plans for the Middle East?<br />
We have two standalone boutiques, one in Dubai Mall and<br />
the other in Mall of the Emirates. The one in Dubai Mall is<br />
our largest boutique in the world.<br />
Four years ago, we approached my colleague Christophe<br />
(Chorao) who was already with us for around ten years at that<br />
time. We moved him to the Middle East to open our office as<br />
a commitment to put more emphasis on the Middle East.<br />
Which are the novelties from <strong>2017</strong> you’re most proud of?<br />
The first is the Regatta watch which has a new movement<br />
and the second is the Marine Tourbillon that is affordably<br />
priced, very technical, and has a grand feu enamel dial<br />
produced in-house. The one that shows the real future of<br />
Ulysse Nardin is the Innovision 2 concept watch. It included<br />
ten different innovations, ten different patents – it even has<br />
some parts made from glass. What I can confirm to you now<br />
is that four of those ten innovations will find their way into<br />
novelties that will be shown at the SIHH 2018.<br />
Is the Innovision 2 as revolutionary as the Freak?<br />
I must be honest with you, probably too honest. I think the<br />
real revolution and innovation over the last thirty years was<br />
the material silicium we introduced in the Freak in 2001. It<br />
was the first time that silicium was used in a timepiece.<br />
Today, if you walk the halls of Basel you will see to your left<br />
and to your right very reputable companies like Rolex, Patek<br />
Philippe and Breguet use silicium today. That’s an enormous<br />
achievement and compliment for Ulysse Nardin.<br />
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EQUITY
COLLECTOR'S PIECE<br />
AUTOMOBILE<br />
SPEED MERCHANT<br />
The engine of the new Bugatti Chiron is positively weaponised<br />
Words by Varun Godinho<br />
This is a story about a physics-bending machine. But first,<br />
let’s crunch a few numbers. A W16 turbocharged eightlitre<br />
engine with 1,479 horsepower on tap. The result?<br />
The car can warp from o to 62mph in 2.5 seconds dead. It<br />
has a top speed of 310mph. To put that into perspective,<br />
the take-off speed of fighter jet is about 150mph, the top<br />
speed of an F1 car is 230mph.<br />
Just so you know, the Chiron hasn’t yet hit the 310mph.<br />
Its speed is electronically limited to 261mph. Why?<br />
Because there exists no tyres in the world today built to<br />
handle that top speed.<br />
Project Bugatti was always an exercise in outrageously<br />
forward-thinking engineering, not necessarily sound<br />
economics. Take the Chiron’s predecessor, the Veyron, for<br />
example. When it debuted in 2005, it was the world’s<br />
fastest and most expensive production car of its time. Even<br />
though it had a multi-million-dollar price tag, Bugatti still<br />
reportedly weathered a loss of between $4-6 million on<br />
every Veyron it sold during the 11 years that the car was in<br />
production. The Chiron which will be limited to 500 units<br />
and sold at a base price of around $2.75 million, is expected<br />
to bring Bugatti into the black.<br />
52<br />
EQUITY
COLLECTOR'S PIECE<br />
BUGATTI OPENED ITS LARGEST SHOWROOM IN<br />
THE WORLD IN MAY THIS YEAR IN DUBAI IN<br />
PARTNERSHIP WITH AL HABTOOR MOTORS<br />
The reason that the Chiron can turn a profit for Bugatti is<br />
because when it came to the Veyron, the Molsheimheadquartered<br />
Volkswagen Group-owned carmaker had to<br />
start from scratch and incur tens of millions in R&D and<br />
development costs. With the Chiron, Bugatti already has a<br />
solid base to work off and improve – which they have – and<br />
that has significantly reduced the development costs of the car.<br />
The Chiron uses the framework of the Veyron, and then<br />
raises the bar. The front and rear discs on the brakes are<br />
20mm larger and 2mm thicker, the Michelins are 14 per<br />
cent wider at the front and 12 per cent wider at the rear<br />
and there’s an all-new carbon-fibre monocoque frame to<br />
knock off 8kgs off the Veyron’s weight.<br />
Floor the throttle and you will empty out the 100-litre<br />
fuel tank in 9 minutes. At its limit, there are 60,000 litres of<br />
air being sucked into the engine per minute to keep its<br />
beating heart from overheating, and there’s 800-litres of<br />
coolant circulating at any point in time to aid the process.<br />
Apart from the quad exhausts that you can see at the<br />
back of the car, there are two more underneath that<br />
provide additional downforce – a feature borrowed from<br />
F1 cars that proved so advantageous to teams that<br />
implemented it right, that it was banned citing reasons of<br />
creating unfair competition – to keep this machine planted<br />
when you’re racing towards the top speed. In any<br />
competition that involves top speed or brute power, the<br />
Chiron brings a nuclear-tipped warhead to a knife fight.<br />
Fair competition be damned.<br />
Which brings us to the important question of the<br />
Chiron’s target buyer. According to the company’s survey<br />
of its customer base, a Bugatti owner already has “64 cars,<br />
three jets, three helicopters and a yacht.” With that sort<br />
of a customer profile, it was almost organic for Bugatti to<br />
announce in May this year the opening of its largest<br />
showroom in the world, a 240-square metre boutique, on<br />
Sheikh Zayed Road in Dubai in partnership with Al<br />
Habtoor Motors. There are over 30 Chirons ordered<br />
from this showroom that accounts for over 25 per cent of<br />
the total number of Chirons booked globally to date.<br />
The story of Chiron is much more than a physics-bending<br />
machine, it’s one that’s capable of rewiring your core<br />
understanding of what a hypercar can do. Even at 310mph.<br />
53<br />
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54<br />
EQUITY
ART AND CRAFT<br />
THE<br />
PERFECT<br />
FOLD<br />
Award-winning Vietnamese<br />
artist Nguyen Hung Cuong enlightens us<br />
with the craft of Modular Origami structures<br />
Origami, the ancient art of paper folding, may be<br />
child’s play to some, however Vietnamese<br />
artist Nguyen Hung Cuong is gradually shifting<br />
our perspective. A look at Cuong’s origami<br />
structures portrays a pattern of movement, an element the<br />
young artist reveals he’s quite fond of. “I actually like<br />
structures in motion, and focus more on animals because I<br />
like seeing them in nature. When I create anything, I like<br />
to show the way it moves - the gorilla can be seen shouting,<br />
while the shark is ready with its’ mouth open for prey,” he<br />
tells us. The Hanoi-born artist learned the craft at the age<br />
of five, after being handed origami books from his parents.<br />
By seven, Cuong created every origami possible, from<br />
owls to dinosaurs. At 10, the artist tweaked his current<br />
origami models, challenging himself with thinner paper to<br />
create multiple layers for each structure.<br />
After years of practice, trial and error, Cuong took the art<br />
style to a larger scale, with the construction of bigger<br />
structures. “I fold one whole 50cm square piece of paper,<br />
without cutting it, to have a beautiful structure. Each piece<br />
is very detailed, with teeth and eyes for the gorilla and<br />
expression on the shark’s face,” he tells us. His structures<br />
are complex; with every challenge bringing on excitement.<br />
Designs are created from inspiration sourced online or on<br />
TV, with each taking up to three months for completion.<br />
As for making origami synonymous with mainstream art,<br />
Cuong, who recently won first place for Best Solo Artist at<br />
World Art Dubai, reveals there is a community of around<br />
30+ members in Vietnam. While his career may not be a<br />
means of living for now, according to the artist, Cuong has<br />
been exposed to unimaginable opportunities – he recently<br />
created origami characters for an animation movie.<br />
“The aim is to constantly challenge myself, create large<br />
structures with volume, geometric shapes and pieces as<br />
complex as possible, so that people are stunned,” he tells<br />
us as we admire the pieces on display.<br />
I fold one whole 50cm square piece of paper,<br />
without cutting it, to have a beautiful structure.<br />
Each piece is very detailed, with teeth and eyes for<br />
the gorilla and expression on the shark’s face<br />
55<br />
EQUITY
GASTRONOMY<br />
ASIAN FANCY<br />
Two impressive hotspots to see and be seen at<br />
56<br />
EQUITY
GASTRONOMY<br />
JAPANESE FUSION<br />
1<br />
KATSUYA BY STARCK<br />
US-based Japanese Master sushi chef<br />
Katsuya Uechi is at the helm at the latest<br />
independent property at Jumeirah Al<br />
Naseem. Quirky paintings, artsy<br />
elements and chants of ‘irasshaimase’<br />
welcome guests upon arrival, quickly<br />
exciting diners. We learn of the sharing<br />
concept from our lovely host, which<br />
was quite handy, given how easy it can<br />
be to over-order in such scenarios. To<br />
accompany the signature chilli cocktails,<br />
we opted for thin slices of tender<br />
delicately flavoured octopus topped<br />
with citrusy lemon and yuzukosho (a<br />
paste made with chillis and yuzu) that<br />
certainly awakens the palate. Up next<br />
was shrimp dynamite offering bite sized<br />
crisp morsels and our favourite, the<br />
crispy Brussel sprouts, a vegetable we<br />
certainly never dared to touch if served<br />
outside a festive gathering. Flash fried,<br />
the sprouts arrive crispy in a toppling<br />
pyramid, featuring notes of sweet and<br />
tart balsamic and soy, with crunch from<br />
slivered almonds. Most main courses<br />
are judged by the quality, presentation<br />
and taste ARABIAN of the neo-Japanese AMBIENCEsignature<br />
dish, miso marinated black cod and at<br />
Katsuya, it didn’t disappoint. The fish<br />
breaks apart easily with a buttery<br />
texture and miso coating that lingers -<br />
thumbs up from our end. Medium<br />
temperature slices of wagyu tenderloin<br />
arrive quickly, doused in a sweet<br />
dressing, and along with it the Instaworthy<br />
bop bowl that almost every<br />
diner ordered. A stone bowl filled with<br />
rice, mushrooms, flaky and juicy short<br />
rib, and veggies are prepared sizzling<br />
hot, table side. It’s a delectable side,<br />
especially for those who love rice and<br />
hot comfort food. To end the meal, we<br />
dived into a decadent double chocolate<br />
lava cake that’s gooey, however slightly<br />
light in consistency as opposed to a<br />
molten chocolate dessert. On the side,<br />
we refreshed our palate with mango<br />
mochi, beautifully offering a flattened<br />
gelatin texture coating over incredibly<br />
light fruity ice cream.<br />
Reserve a table: Call 04 419 0676<br />
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GASTRONOMY<br />
MADE IN CHINA<br />
2<br />
MAIDEN SHANGHAI<br />
When the waiter shows up with<br />
three menus, the third being a dim<br />
sum menu, you know you’re in a<br />
restaurant that’s lives up to its billing<br />
as one of Dubai’s most authentic<br />
Chinese restaurants. There’s further<br />
proof of that in the food that arrives<br />
at our table set up amidst elegant<br />
environs of dark panelled furniture<br />
and elaborate chandeliers. The hot<br />
lobster soup is offset by the cold<br />
Boom Boom Chicken which<br />
includes shredded poultry stuffed<br />
inside a bao. If you have space for<br />
one more appetiser, opt for the<br />
Chilli chicken that’s presented<br />
against a backdrop of an elaborate<br />
rice flour latticed creation that is<br />
definitely Instagram friendly.<br />
The waitstaff isn’t only attentive, they’re clairvoyant.<br />
They’ll probably already have the menu in hand when<br />
you turn to them and are ready to order the mains.<br />
Pretend to deliberate over the menu rather fastidiously,<br />
before going right ahead and taking our advice of<br />
ordering the Peking duck that tips its hat to the province<br />
of Beijing that has smooth crisp skin and is exactly as<br />
you’d imagine it to taste on the streets of the capital of<br />
China. For the other main, you can’t go wrong with the<br />
Kung Pao Lobster which is a mighty portion of succulent<br />
and flavourful meat – don’t blame us for the involuntary<br />
sounds of appreciation that’ll originate from the guests at<br />
your table.<br />
For dessert, the chef asked us to trust his choice. We<br />
did and weren’t disappointed. If you’re in doubt of<br />
whether you should order the ginger baked yoghurt or<br />
the mandarin ice cream with lemongrass and four berries,<br />
order both. The Palm’s just scored a new restaurant<br />
that’s nailing the brief.<br />
Reserve a table: Call 04 247 5222<br />
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EQUITY
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For Advertising: advertising@equity.media<br />
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EQUITY
HOTSPOTS<br />
ON THE<br />
Culinary offerings and flavours to try in the country<br />
MENU<br />
MEETING HOTSPOT<br />
The quaint Revo Café at Anantara<br />
The Palm Dubai Resort offers<br />
bottomless coffee and a slice of cake,<br />
ideal for those who want to meet up<br />
by the seaside for business matters,<br />
or perhaps work remotely. The café<br />
also serves up eggs benedict, pulled<br />
beef, burgers, pastas and a delectable<br />
giant triple decker cake.<br />
Call 04 567 8322<br />
FRIDAY FRY-UP<br />
When you’re craving a traditional<br />
English breakfast with all the trimmings,<br />
Nezesaussi Grill is the spot to head<br />
to. Relish everything from eggs to<br />
sausages, beans and much more for a<br />
sumptuous Friday morning meal.<br />
Dhs45 per head, inclusive of tea<br />
and coffee, and Dhs135 per<br />
person, inclusive of four selected<br />
beverages. Call 04-423 8899.<br />
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HOTSPOTS<br />
WEEKEND BRUNCHING The city’s brunches are back in full swing. Here are two to try:<br />
❶ JAPANESE SETTING<br />
If a brunch where you don’t get off<br />
your seat is your cup of tea, then The<br />
Garden Brunch at Downtown Toko<br />
is the perfect setting. Expect salmon<br />
sashimi salad with a moreish yuzutruffle<br />
dressing, sushi, dim sum,<br />
chicken cashew and authentic mochi<br />
cream to conclude.<br />
Every Friday from Dhs190 for the soft<br />
drinks package and set menu and<br />
house sparkling beverage for Dhs325.<br />
Call 04 422 8383<br />
THE GARDEN BRUNCH AT<br />
DOWNTOWN TOKO<br />
❷ INCOMPARABLE VIEWS<br />
For a brunch with views of the iconic<br />
Burj Khalifa, The Palace Gardens<br />
and poolside, the 1001 Flavours at<br />
Ewaan is one to try. A lavish spread<br />
of seafood, meats, cold cuts, BBQ,<br />
Asian delicacies and a wide selection<br />
of cheese are available to feast from.<br />
The Luxurious brunch is available<br />
at Dhs695 per head inclusive of<br />
selected premium bubble and grape.<br />
Call 04 428 7888<br />
TREASURES FROM THE SEA<br />
Seafood lovers can eat to their heart, or tummy’s, content at Pierchic, with<br />
the launch of six distinctive concepts hailing from the shores of Italy, Spain,<br />
Portugal, England, France and Belgium, for a two-week period. The journey<br />
begins with paella de arroz from Spain, following on with Catalana di Crostacei,<br />
an elaborate poached crustacean platter served with vegetable crudité from<br />
Italy. Portuguese shellfish and fish stew are served in the form of Cataplana de<br />
Peixe y Marisco, while Posh Fish & Chic, beer-battered turbot and triple<br />
cooked “Maries Piper potato” chips are served as inspiration from Britain. The<br />
last two weeks offer Le Crabe & Crevettes Tour, a Normandy-inspired<br />
dressed Atlantic crab and cevette tower before ending with the classes creamy<br />
Moules Mariniere, fresh black mussels, white wine, parsley, cream, and<br />
pommes pont neuf from Belgium.<br />
Available between 7th <strong>July</strong> to 28th September, call 04 432 3232.<br />
ETHIOPIA ON A PLATE<br />
Authentic Ethiopian specialties await diners at Gursha, Club Vista<br />
Mare, flanked by the sea on The Palm. Begin with a taster platter<br />
for appetisers comprising chickpea dip, tangy lentils and crisp Injeera<br />
(gluten-free moist flatbread). To get a taste of authentic everyday<br />
dishes opt for the Taste of Ethiopia platter. Mild chicken curry,<br />
delectable lentil stew, chickpeas powder stew, beef curry and plenty<br />
of other options served alongside the rolled-up flatbread.<br />
Call 04 554 2665<br />
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TRAVEL<br />
THE<br />
GENEVA<br />
DIARY<br />
Skip the tourist traps and live like a local in one<br />
of the richest cities in the world<br />
Words by Varun Godinho<br />
ST. PIERRE CATHEDRAL<br />
If you’re flying into Geneva, your aeroplane will land<br />
in France and taxi into Francophone Geneva.<br />
Switzerland and France share the airport, runway<br />
and a history too that’s joined at the hip.<br />
Geneva wasn’t always the placid lakefront city that it is<br />
today. It was the seat of unrest during the 16th century with<br />
the rise of Calvinism and the social upheaval that resulted in<br />
its wake. The French Huguenots brought the know-how of<br />
watchmaking to Geneva during those tumultuous times, but<br />
it was perfected to an art form by the indigenous population<br />
who couldn’t farm during the winters and had to spend all<br />
their time indoors. Today, Geneva’s ground zero to some of<br />
the most venerable names in watchmaking from Vacheron<br />
Constantin to Patek Phillippe.<br />
You’ll notice primarily two types of visitors that come to<br />
Geneva. The first are the pin-striped suit elite ready to do a<br />
day’s business in one of the world’s richest cities which has a<br />
private banking system so secretive that you have a better<br />
chance of finding out whether aliens reside at Area 51 than<br />
knowing the names of its account holders. The second are<br />
the ski-set that head straight to the outskirts of the city to the<br />
mountain ranges that line the valley.<br />
If you’re a wide-eyed tourist and belong to neither of the two<br />
groups, you’re likely ready to soak in the city sights and patisserie<br />
smells that seems to waft through every alley in the city.<br />
The city is best enjoyed on foot. You can start by walking<br />
the length of the Promenade du lac Léman with the lush<br />
garden to one side and the lake to the other – the Jet d’eau<br />
fountain pushes132 gallons of water up to a height of 459ft<br />
every second is one of the city’s most recognisable landmarks.<br />
Stray from the waterfront and cross the road and into the<br />
intersecting alleys to eventually wind up at St. Pierre Cathedral<br />
in the old town of Geneva. Make sure you walk up the 150-<br />
plus steps of the tower to enjoy a panoramic view of the city.<br />
Geneva is old-moneyed and discreet – there’s none of the<br />
flash cash and the abrasive attitude among locals or<br />
establishments in the city. The vibe is warm, never pretentious.<br />
Geneva is used as the staging ground for diplomatic back<br />
channels which explains the presence of permanent outposts<br />
of international missions including the UNHCR (you can book<br />
a tour of the facility), WTO and the Red Cross. It is also where<br />
some of the world’s biggest expos are held. Come January and<br />
the sprawling Palexpo plays host to the annual Salon<br />
International de la Haute Horlogerie, the world’s most<br />
prestigious watchmaking exhibition. Every other March, the<br />
same venue hosts the Geneva Motor Show.<br />
There’s Zurich, Lucerne, Basel and Biel/Bienne. While each<br />
has their charms, it’s the cosmopolitan cultured powerhouse<br />
of Geneva that steals the show. If you aren’t fortunate<br />
enough to be born a Swiss citizen, it takes up to 12 years of<br />
residency to become one and even that doesn’t deter the<br />
multitude determined to call Switzerland home. A visit to<br />
Geneva can answer why.<br />
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TRAVEL<br />
Stay:<br />
LA RESERVE HOTEL AND SPA GENEVA<br />
If you check-in and need to get to the city centre,<br />
take the hotel’s motoscafo that cuts a swift path<br />
through the water to get you there. Located<br />
within a 10-acre park, La Reserve has an ice rink, a<br />
2,000-square foot spa and seventeen suites,<br />
besides a host of fine dining establishments<br />
including Tse Fung which serves up Geneva’s best<br />
Cantonese fare.<br />
+41 22 959 59 59; lareserve-geneve.com<br />
LA RESERVE HOTEL AND SPA GENEVA<br />
HOTEL DE LA PAIX GENEVA<br />
This Ritz-Carlton Partner property is located on<br />
Rue Quai du Mont-Blanc that laps Lake Geneva.<br />
Book the Mont-Blanc two-bedroom suite that<br />
allows for excellent views of the both the lake and<br />
the Alps out in the distance.<br />
+41 22 909 60 00; ritzcarlton.com<br />
HOTEL DE LA PAIX GENEVA<br />
Eat:<br />
LA BOTTEGA<br />
Francesco Gasbarro and Paulo Airaudo’s La Bottega establishment is only two<br />
years old, but that hasn’t stopped it from notching up a Michelin star already. The<br />
Italian food is served up with a twist and if you’re confused about what to order go<br />
with the seven-course tasting menu and let chef Gasbarro make the call. Veal with<br />
pecorino, anyone? +41 22 736 10 00; labottegatrattoria.com<br />
Cafe:<br />
CAFÉ DU SOLEIL<br />
We’re told that this is Geneva’s oldest restaurant<br />
with roots that go back 400 years all the way back<br />
to the Reformation movement. Go here for just<br />
one thing: fondue. The cheese is sourced from the<br />
village of La Roche located to the north of<br />
Gruyère and the English-speaking staff here are<br />
quick to explain its merits.<br />
+41 22 733 34 17; cafedusoleil.ch<br />
Shop:<br />
THE RUE DU RHÔNE is Geneva’s answer to<br />
Paris’ Rue de la Paix and New York’s Fifth Avenue.<br />
This street has some top names in the world of<br />
fashion from Cartier and Hermès to Louis Vuitton<br />
and Chanel who have set up shop here. Not far away<br />
is the city centre also packed with high-fashion labels<br />
as well as a few independent artisans including local<br />
chocolate makers that are well worth a visit. Fair<br />
warning: most of the boutiques in the city centre are<br />
closed all-day on Sunday.<br />
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64<br />
EQUITY
TRAVEL TALES<br />
JETSETTER JOURNEYS<br />
Explore the latest in experiences, tours and wellness breaks<br />
ONE FOR THE MEN<br />
When you think of Tuscany, the first images that spring to mind are vineyards, cheese and verdant landscapes. It may<br />
not seem like the ideal getaway for the lads, however, Tuscany Now & More have launched the Gentleman’s Escape<br />
Package and there’s never been a better time to round up the men. Tailored specifically for the modern-day man, men<br />
get to train as noble warriors and master the traditional Japanese martial art of Bokken, visit the Nera River for White<br />
Water Rafting, and hunt for truffles. Only the best dining experiences are naturally included, with a cooking workshop<br />
within the Umbrian surrounds. A bit of wellness is included in the form of yoga.<br />
Tuscany Now and More offer the Gentlemen’s Escape Package from £165 (approximately Dhs798) per<br />
person. The Santi Terzi villa is available from £2,567 for 14 people on a self-catering basis, inclusive of help.<br />
Visit tuscanynowandmore.com.<br />
A FITNESS VACATION<br />
Bramble Ski and Haute Montagne have launched bespoke biking<br />
packages for Swiss-alpine resort guests. Cycling enthusiasts can opt<br />
for the Haut Velo and Kudos bike-based activities to keep fit and<br />
increase performance, while gazing at the picturesque surroundings<br />
– the route showcases the stunning alpine passes in France,<br />
Switzerland and Italy passing through quaint villages along the way.<br />
All cycling tours are led by current and former professional cyclists<br />
and those looking to challenge themselves can even ride the<br />
unique tour du Mont Blanc.<br />
From CHF375 for a one day guided tour, visit hautemontagne.<br />
com or brambleski.com<br />
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TRAVEL TALES<br />
AUTHENTIC ASIAN<br />
If you’re a fan of authentic Chinese cuisine, catch a flight to Conrad<br />
Maldives Rangali Island for the 1930s Shanghai mystique pop-up<br />
event at Ufaa by Jereme Leung. Set against crystal-clear waters, palm<br />
trees and white sandy beaches, diners will be transported to<br />
Shanghai’s Golden Age with the eatery resembling The Great<br />
Gatsby, featuring modern-day interpretations of dishes including<br />
double boiled chicken soup with mushroom, oven baked cod fillet in<br />
spicy sauce, and Yunnan rose petal ice cream. Best of all, celebrity<br />
chef Jereme Leung is at the helm of the menu and will be at the<br />
event for those who want to mingle and pick his brains on cooking<br />
tips. Available from <strong>July</strong> 16-18, visit conradmaldives.com<br />
ARTSY TRAVELS<br />
Kempinski Hotel Gold Coast City Accra have launched an<br />
all-new art safari, acting as a hub for those interested in<br />
cultural and artistic journeys within the Ghanaian capital of<br />
Accra. Showcasing emerging talent through Gallery 1957,<br />
the programme presents exhibitions, installations and<br />
performances. The curated safari also features visits to art<br />
and design venues that are being created, such as Untamed<br />
Empire – a new concept store uniting luxury fashion, art<br />
collaborations and design – and one of the “African Centres<br />
of Excellence” created by the Songhai Trust.<br />
Visit kempinski.com/en/accra/hotel-gold-coast-city<br />
C'EST LA VIE<br />
Looking for tours that are off-the-beaten-path? The Luxury<br />
Travel Book is now offering its third instalment of ‘Behind the<br />
Scenes’ concierge service, set to launch in Paris this summer.<br />
Skip the usual tourist traps and discover charismatic corners<br />
of the French capital frequented by the locals. What else<br />
does the concierge service offer? Think sold-out concert<br />
tickets, dinner reservations at the hottest spots in town, wine<br />
tasting, cookery classes, French lessons and plenty more.<br />
Visit theluxurytravelbook.com<br />
IT’S BACK!<br />
Monaco’s much-loved restaurant, Le<br />
Grill, has reopened its doors on the<br />
eighth floor of the Hôtel de Paris<br />
Monte-Carlo. Head there to dine<br />
under a starlit sky or take in the<br />
unrivalled views of the Mediterranean,<br />
while relishing an alfresco meal inspired<br />
by Provence and Tuscany featuring<br />
wood-fired rotisserie, fish skewered<br />
on the split, meat cuts hanging from<br />
table racks – an old tradition from the<br />
restaurant – baby squid and crustacean<br />
Pasqualina ravioli.<br />
Visit hoteldeparismontecarlo.com<br />
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HOTEL REVIEW<br />
STAY OF THE MONTH<br />
Explore FIVE Palm Jumeirah,<br />
the latest addition on the man-made island<br />
OVERVIEW<br />
Let’s face it, FIVE Palm Jumeirah is no stranger to the<br />
scene, in specific due to the current re-branding confusion<br />
that places them in the hospitality industry’s spotlight – it<br />
was formerly known as Viceroy Palm Jumeirah. When you<br />
do manage to look past the branding, which isn’t<br />
problematic during the visit to be honest, you can<br />
immerse yourself in a relaxing staycation with unrivalled<br />
views of the glistening waters, an infinity pool hailed to be<br />
one of the city’s best, and culinary offerings that cater to<br />
all taste buds. The minute you set eyes on the floor to<br />
ceiling glass-frame structure, with art pieces dotted<br />
around the venue, you instantly feel as though you’ve<br />
been transported to a city-style paradise by the sea. And<br />
from here on, it doesn’t disappoint.<br />
feel like you are in a stylish home away from home.<br />
A plush king-size bed faces the Smart TV and a vividly striking<br />
armoire/bar, which caters to every snacking requirement,<br />
from nutritious organic varieties to a guilty bag of caramel<br />
popcorn for a late-night movie in bed. Enter<br />
THE ROOM<br />
Imagine looking out to the Arabian Gulf, Dubai Marina and<br />
the nearly completed Dubai Eye. It immediately excites,<br />
while the waters puts you in a state of zen, with cosy vibrant<br />
and neutral-hue interiors making the Luxe Sea View room<br />
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EQUITY
HOTEL REVIEW<br />
the Italian and Greek marbled bathroom to<br />
soak in the royal-esque tub – don’t forget to<br />
carry your bath salts – and breathe in the scents<br />
of Roil and Natura Bisse amenities while you shower.<br />
Need to know:<br />
To book a stay,<br />
visit fivehotelsandresorts.com<br />
BREAKFAST AL BLVD ON ONE IS<br />
AN ABSOLUTE DELIGHT<br />
THE FACILITIES<br />
Soak up the rays by the poolside and take a dip to cool off,<br />
you can’t leave the hotel without doing so. The site is also<br />
home to a spa, fully equipped gym and a spa pool complete<br />
with partially submerged sun loungers – for those looking<br />
to get away from the fairly crowded main swimming pool.<br />
GASTRONOMIC OFFERINGS<br />
Dimly-lit interiors complement the coral-coloured walls<br />
painted with the landscape of an Italian city, while neutral<br />
hues set the tone for an intimate dinner at Quattro Passi.<br />
Brace yourselves for a meal that will certainly make you<br />
wonder if an Italian Nonna is hiding away in the kitchen.<br />
The menu comprises freshly imported ingredients from<br />
chef Antonio Mellino’s farm in Italy, combined with age-old<br />
family techniques. We highly recommend the vitello<br />
tonnato (tender veal slices) and fresh creamy burrata with<br />
juicy Sorrento tomatoes for appetisers. The Nerano’s style<br />
linguine pasta is worth a try for the middle course, especially<br />
if you love a simple pasta with zucchini and a hint of cream<br />
that lingers on your palate. Those looking for Italian with a<br />
contemporary twist can opt for the teriyaki Scottish salmon<br />
with a moreish zucchini cream and chanterelle mushrooms<br />
that offer a bite. Carnivores have the option of succulent<br />
lamb chops with pistachio, sweet potato, zucchini and a<br />
full-bodied lamb jus, amongst plenty of other options<br />
including a revisited veal Milanese. Desserts can either be a<br />
fruity affair with the mille-feuille, mango cream, passion<br />
fruit and sorbet, or a decadent chocolate and coconut tart<br />
offset by the tanginess of creamy passion fruit and raspberry<br />
sorbet. In true Italian style, conclude with an espresso.<br />
DON'T MISS THE ITALIAN QUATTRO PASSI FOR<br />
AN AUTHENTIC MEAL<br />
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EQUITY
Office 804-806, Arenco Tower, Dubai Media City | T: 04 432 79 72<br />
Dubai’s only high-end real estate and interior design company,<br />
setting extraordinary records in the marketing, designing<br />
and selling of the most important residential properties.<br />
WWW.LUXHABITAT.AE<br />
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EQUITY
REAL ESTATE<br />
KOA<br />
CANVAS<br />
Transforming Dubai’s urban landscape<br />
with a modern-day canvas Words by Olive Sevilla<br />
In a market where there has been slight stagnation,<br />
Mohammed Bin Zaal promises to change all that. The former<br />
CEO of Al Barari Development is a veteran when it comes<br />
to pushing the boundaries of what real estate is capable of<br />
and his latest project, KOA Canvas, is a game changer.<br />
Located in Mohammad Bin Rashid City, KOA Canvas<br />
connects to the inner artistic vibes of people who revel in the<br />
here and now. The project aims to make the residents feel<br />
alive and it seamlessly merges old with new, with craftsmanship<br />
that brings out the innovation in design. The project spans<br />
across two buildings, with 70 contemporary luxury apartments<br />
made of 41 different layouts. In a unique new addition to the<br />
Dubai property profile, the KOA Canvas will boast of a<br />
vibrant, shared working space that is set to become a hub for<br />
global entrepreneurs and innovators, which will add to the<br />
creative dynamic of the property. Each of the 70 apartments<br />
of city views, with seven floors dedicated to apartment style<br />
living. The apartments have been tastefully dressed in concrete,<br />
steel, wood and stone to add to its environmental factor,<br />
which is the product of the vision of its revolutionary architect<br />
Tarik Zaharna, Founder and Director of T. Zed Architects.<br />
Such a high-profile project is sure to catch the eye of many<br />
however, limited amount of penthouses and duplex are<br />
available, with prices ranging from Dhs1,000-1,200 per<br />
square foot. KOA Canvas is offering studio-one-two and<br />
three-bedroom apartment floorplans, with 41 unique layouts<br />
available for excellent contemporary living. Some units also<br />
feature internal courtyards, rooftop or outdoor terraces,<br />
allowing residents true indoor-outdoor living. Residents will<br />
be able to enjoy an unmatched range of amenities including<br />
fitness studios, pool, water features, landscaped gardens,<br />
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EQUITY
REAL ESTATE<br />
gourmet markets, daycare, barbeque areas and art<br />
installations throughout the grounds. Like its name, it aims to<br />
be the canvas from which an authentic community with a<br />
creative spirit can be fostered. Koa Canvas wants to capture<br />
the soul of the next generation of Dubai’s creative and<br />
entrepreneurial society, to become a dynamic hub that's<br />
developing, growing and evolving. The name ‘Canvas’<br />
perfectly captures the intention of the properties – to act as<br />
a literal canvas for residents to live and grow within, making<br />
their homes a canvas to showcase personal elements that<br />
mean the most to them. Much like artists living and breathing<br />
their installations.<br />
The KOA Canvas apartments are due for completion in<br />
early 2018, with phase one of the co-working facility<br />
launching in December <strong>2017</strong>.<br />
FOR FURTHER INFORMATION<br />
Visit koa.ae or contact the KOA team at<br />
+971 4 422 1491.<br />
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EQUITY
ENTREPRENEUR<br />
I'M TRAVELLING<br />
TO...<br />
Italy: Sicily and Positano.<br />
DINING HOTSPOT<br />
Zuma is always a go-to, especially for their<br />
dynamite spider roll.<br />
BEHIND<br />
the BRAND<br />
Lebanese designer<br />
Hussein Bazaza gives us<br />
a peek into his life<br />
MY JOURNEY<br />
I was never in any other field. I graduated<br />
from school and enrolled in ESMOD<br />
strictly for fashion design and the funniest<br />
part, it wasn’t even my idea – my mother<br />
practically forced me into it.<br />
THE LATEST COLLECTION<br />
Every launch has a story behind it, a<br />
fairy-tale I envision and create. My<br />
inspirations come from that story.<br />
The characters in the tale are<br />
my muses.<br />
RECENT SPLURGE<br />
A ring I customized from Bil Arabi with my<br />
mother’s name on it.<br />
FAVOURITE PIECE OF ADVICE<br />
To believe in one'self<br />
INVESTING IN MYSELF…<br />
is all about improving and becoming better<br />
at things I wish to ameliorate.<br />
MOST PEOPLE DON’T KNOW…<br />
I hate the fact that I am a fashion designer as the industry<br />
has become too shallow and dull for my liking.<br />
THE PERFECT FRIDAY IS…<br />
spent at home or at the beach<br />
FAVOURITE BOOKS<br />
I prefer illustrations more<br />
than words, so mainly comic<br />
books such as Batman.<br />
72<br />
EQUITY
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73<br />
EQUITY
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