Equity Magazine November 2017

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NOVEMBER 2017 | ISSUE 06

LEWIS HAMILTON

G.O.A.T ?

THE FUTURE

OF FINANCE

MAKE WAY FOR ROBOTS

TRAVEL

CELEBRITY-LOVED

ASIAN ESCAPES


Extraordinary is in the detail.

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Be Extraordinary.

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From the EDITOR

Formula 1, Dubai Watch Week, Dubai Design

Days – there are plenty of events to hotfoot

to this month. Which one will you be at?

Our diaries are getting busier by the day,

and within no time the festive season will kick in. We

can’t wait to jet off to cooler climes, and with lavish

getaways now bookable at the click of a button –

sans stress – we have ample time to attend soirées,

and make it to exclusive openings and collection

launches around town.

Need inspiration booking a holiday? Choose from celebrity-loved

residences in Asia (page 59), or opt for an upscale Airbnb type service

featuring luxury homes (page 22). If you are heading back to the UK, read

all about Inheritance Tax and take necessary precaution (page 18). Find

out what Dennis Whitney, Senior Vice President of the Institute of

Management Accountants (IMA) has to say about robots paving the way

for the future. Since F1 is looming, we look at Lewis Hamilton’s rise to the

top and the rush he derives from racing and competing (page 27).

Equity’s statement pieces lend stimuli for gift buyers (page 38-39 and 45

onwards), so you don’t have to do the ground work. While here, golfers

looking to try a new fairway and treat the family to a staycation, can head

to Ras Al Khaimah (page 64 and 67). For al fresco gatherings, dinner dates

and unique culinary experiences, look no further than page 56.

EDITOR'S PICK

I’m on the hunt for double cuff

shirts for women, to accessorize

with these stunning Royal Oak

cufflinks from Audemars Piguet

Happy reading

Nicola

Nicola Monteath

I got my hands on a classic tan

handbag from the Swagger

collection with my initials and a

snowflake icon on the tag and

absolutely love it

Follow us:

equitymedia.uae equitymedia.uae equitymedia.uae equitymedia.uae

EQUITY - Always invest in yourself

EDITOR NICOLA MONTEATH - nicola@equity.media

DIGITAL EDITOR VARUN GODINHO

DEPUTY EDITOR MERYL D'SOUZA

ART DIRECTOR ODILAINE MEJORADA

SALES advertising@equity.media

WWW.EQUITY.MEDIA

PRINTED BY United Printing & Publishing

is a proud member of

Adding a burst of colour and a little

sparkle to my outfits with this Cherie

turquoise necklace from Chantecler

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insideEQUITY

22

mind

12

MARK YOUR CALENDAR

The hottest events happening

around the globe

14 18

14

18

22

27

33

34

RISE OF THE MACHINES

Robots will soon replace

accountants worldwide

DOES INHERITANCE TAX

CONCERN YOU?

Chris Ferguson discusses further

THE ART OF TRAVEL

Why this CEO chose to launch a

luxury Airbnb style service?

LEWIS HAMILTON

His journey to the top, stardom

and track rivalry

HERE COMES THE MONEY

Education, the next best

alternative investment

SUPPORT LOCAL

A chat with the founder of

mrUsta, Ibrahim Colak

body

38

&

soul

THE CHECKLIST

Personalise your pieces and add

these staples to your wardrobe

42

40

42

SHOP TALK

It's time to go shopping

INDULGE YOURSELF

Make an appointment and try the

latest treatments on offer

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NOVEMBER 2017

45

45

ON OUR RADAR

Statement pieces to covet and

add to your wishlist

56

DINING CONCEPTS

Take your pick from these

culinary experiences

59

A HOME AWAY FROM HOME

These escapes in Asia offer all the

amenities of a hotel

59

70

63

64

67

70

72

JETSETTER JOURNEYS

Travel inspiration for your next

big holiday

HIT THE LINKS

Explore this golf course

STAY OF THE MONTH

Explore Hilton

Al Hamra Beach & Golf Resort

SUITE LIFE

Jordan has become the spot to

invest in

GET TO KNOW...

LINDSAY TRIVERS

A peek into her life

On the cover

LEWIS HAMILTON

Read his interview on page 27

The publication may not be

reproduced, stored in a retrieval

system, or transmitted in any

form or by any means electronic,

photocopying, recording or

otherwise, without the permission

of Equity Media. Where opinion

is expressed it is that of the

author and does not necessarily

reflect the editorial views of

the publishers of

EQUITY-Always invest in yourself.

All information in

EQUITY-Always invest in yourself

is checked and verified to the best

of the publisher’s ability, however

the publisher cannot be held

responsible for any mistakes or

omissions enclosed in

the publication in content,

advertising or graphics.

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mind

Should you worry about

robots taking over your

job? How can UK expats

work around inheritance

tax laws? Is Lewis Hamilton

F1's best driver ever? Read

on to find out the answers

to these questions

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CALENDAR

MARK YOUR CALENDAR

Jetsetters, don’t forget to add these dates to your diary

1

THE PORTUGUESE COLLECTION BY KATE TOLEDO

2

WHERE? PROART Gallery, Dubai

WHEN? November 1

Dubai based artist Kate Toledo launches her fourth solo exhibition, entitled "The

Portuguese Collection," a retrospective on Portuguese history through modern travels.

The pieces showcase Toledo’s musings and inspiration, realised from over a dozen canvas

works, and her signature three silk scarves. The artist pays tribute to Seventeeth and

Eighteenth century ceramic works, with inspiration from Portuguese tile work on religious

and public buildings, and intricate patterns. The series took over three years to complete,

and is, in part, inspired by Reinado Wanili – one of the few documented faiança artists.

THE NEW YORK

COMEDY FESTIVAL

WHERE? Throughout New York

WHEN? November 1-6

Trevor Noah, Tracy Morgan,

Dane Cook and some of the

most renowned comedians of

our time will come together for a

few nights for a barrel of laughs

and entertainment.

3

ICELAND AIRWAVES

WHERE? Multiple venues

across Reykjavik

WHEN? November 1-5

It's one of the country’s most

renowned festivals, which began

in an aeroplane hangar in 1999.

Musical acts including Hozier,

Caribou and plenty others,

will stun audiences at venues

across Reykjavik. The five-day

festival also showcases Iceland’s

best volcanic bits, including

Blue Lagoon.

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CALENDAR

4

FINOVATE ASIA

WHERE? JW Marriott, Hong Kong

WHEN? November 7-8

The fintech community come

together to showcase cutting-edge

banking, finance and payments

technology in a short-form demoonly

format. Attend this to gain

insights from global financial

service experts, and meet with

companies in the field, while

listening to talks from industry

leaders.

GREENURBANSCAPE ASIA

2017 MARKETPLACE

5WHERE? Singapore EXPO

Convention and Exhibition Centre

WHEN? November 9

Calling those with a green thumb,

landscapers, and anyone interested

in greenery. The conference

focuses specifically on green

technology, design and

construction, with vendors

including Asano Mokkou – Sho

Co. Ltd, Every Green Agriculture,

Far East Flora and more. Get ready

to gain knowledge at workshops,

engaging talks and events, while

learning current trends.

6

SMART CITY EXPO WORLD CONGRESS

WHERE? Gran Via Venu, Barcelona

WHEN? November 14-16

The congress continues promoting debate and creating

synergies surrounding global topics. This is a platform

for experts and entrepreneurs looking to gain and share

knowledge on governance, mobility, the economy,

society, sustainability and data technology.

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MONEYLIVE

WHERE? St Paul’s, London

WHEN? November 28-29

The UK’s unrivalled strategic conference for retail

bankers offers everything from open banking and

fintech, to customer engagement and digitization.

Don’t miss keynotes from Lloyds Banking Group,

Santander, Google and plenty others. Current trends,

focus sessions on date and cyber security are part of the

programme too.

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FINANCE

RISE OF THE

MACHINES

Dennis Whitney, Senior Vice

President of the Institute of

Management Accountants

(IMA), elucidates the

AI phenomenon and talks

about robots replacing

accountants in the near future

By Meryl D’souza

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FINANCE

Dennis Whitney, Senior Vice President

of the Institute of Management

Accountants (IMA)

In 2013, Mark Zuckerberg hired one of the

world’s leading deep-learning and

machine-learning scientists, New York

University’s Professor Yann LeCun, to

lead Facebook’s artificial intelligence laboratory.

Facebook, a company that builds its business by

learning about its users and packaging their data

for advertisers, invested in AI with the hope that

it could better understand its users’ line of

thinking by teaching a computer to think.

There are about 1.2 billion people uploading

136,000 photos and updating their status

293,000 times per minute. It’s pretty much

impossible for Facebook to quantify that

volume of data with human employees. That’s

where the social media platform’s Artificial

Intelligence – in the shape of deep-learning –

comes in. Deep-learning allows machines to

learn and classify data by themselves. It’s no

wonder Zuckerberg is constantly championing

Artificial Intelligence and its many benefits.

In July this year, many newspapers and websites

resorted to sensationalism with headlines to the

tune of, “Did we humans just create

Frankenstein?”. Those headlines fed AI

naysayers. The truth is far less appealing.

Researchers at Facebook’s Artificial Intelligence

Research had built a chatbot that was meant to

learn how to negotiate, by mimicking human

trading and bartering. But when the social

network paired two bots, nicknamed Alice and

Bob, to trade against each other, they deviated

from human language and learnt their own form

of communication. Although Facebook’s

bargain-hunting bots aren’t a sign of an imminent

singularity — or anything even approaching that

level of sophistication — they are significant, in

part because they prove once again that an

important realm we once assumed was solely the

domain of humans, language, is definitely a

shared space.

The shock with AI though has always been the

singularity. How long until machines become

smarter than us? How long until they take over?

That line of thinking isn’t simply limited to a few

conspiracy theorists. There’s a growing number

of people, including great minds like Elon Musk,

who believe that a Terminator-style Armageddon

will be upon us soon enough. In fact, the Tesla

and SpaceX founder even described Zuckerberg’s

understanding of the subject as limited. When it

comes to AI, Musk doesn’t mince words. He is

strictly against the idea, dubbed it "the greatest

risk we face as a civilization" and has called for

swift government regulation on the subject. In

September this year, Musk even went so far as to

tweet, “China, Russia, soon all countries w strong

computer science. Competition for AI superiority

at national level most likely cause of WW3 imo.”

When it comes to AI, Dennis Whitney, Senior

Vice President of the Institute of Management

Accountants (IMA), leans more towards

Zuckerberg than Musk. “I personally don’t

believe in a technological singularity,” Whitney

says. “I believe there are boundaries to how far

AI will go. There’ll be a self-imposed limit on our

creation of the robots that would not allow that

to happen.”

A vocal supporter of AI, Whitney believes the

technological advancement is just another tool

that can has the ability to make our lives easier

and more interesting. “There is a risk of people

losing their jobs. People with routine jobs like

auditors and accountants who file tax returns will

suffer,” Whitney says. “It’s just something that

will happen.”

He’s not wrong. Industrial revolution brings

disruption in just about every industry. What

matters is how we tackle that disruption. “I have

the benefit of experience which gives me

hindsight,” Whitney explains. “When I started,

we did accounting on paper and ledgers. If we

made a mistake, we’d have to recalculate

everything. Then, IBN came out with computers

and eventually products like Excel came into the

fold. Interestingly, with more technological

advancements, people kept saying accounting

jobs are going to go away. And some did, but

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FINANCE

we adapted. We’re here and we still have jobs. Jobs will go

away, but there will be other jobs that are created.”

He’s not wrong. In the US, more than 2 two million

people were employed as accountants, bookkeepers, and

auditors in 2015. Until now, these types of informationoriented

professions have resisted automation because they

require managing unstructured data emanating from the real

world, making judgments, and dealing with actual people.

What's different now, however, is that

artificial intelligence's perceptive

capabilities have improved. Machines can

now handle images, sounds, and text in a

way that enables them to ingest and

analyse data at high volume, without

making costly mistakes. Between

accounting professionals and truck

drivers alone, about 4.5 million human

jobs could be ceded to robots over the

next few years.

So, how are people to adapt when

they’re going to be replaced altogether?

Whitney believes education is the answer.

Specifically, education in those fields that will be in high

demand like computer programming, data analytics, applied

mathematics and statistics. Basically, high-level accounting

jobs like the CMA that’s focused on planning, analysis and

risk management. “We have to look at AI as a source of

analysis and information and retune ourselves so we can get

those higher-level jobs that require judgement and

We have to look at AI as a

source of analysis and

information and retune

ourselves so we can get

those higher-level jobs

that require judgement

and recommendations

recommendations,” Whitney says.

As proof, look no further than Germany. The Germans

went from having two industrial robots per thousand people

in 1994 to almost eight in 2014. This let factories cut worker

wages while managers and scientists took home more cash.

Whitney believes that while people can spend time educating

themselves to avoid being unemployed for too long, the

government also needs to take responsibility. “It’s not just

companies that have to be aware of the

AI revolution, governments need to

intervene and take care of its citizens,”

Whitney says. “That’s something we miss

in the US. The AI takeover is coming

quick – less than ten years away – which is

why governments need a plan in place.

Things like reduced cost of training, a

proper healthcare plan and minimum

wage could go a long way to make all of

this easier.” Since America and its

healthcare bills are a rabbit hole we’d

rather not get into right now, Whitney

talks about the alternatives for younger

minds. Specifically, the AI and cybersecurity field. “A

nightmare scenario for us right now is robots turning on

humans. Worse still, is a human controlling those robots

who are turning on humans,” Whitney warns. “It is a

possibility and that’s why I think more young people should

get into those fields. With everything online, the world

needs that bit taken care of.”

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WEALTH MANAGEMENT

DOES

INHERITANCE TAX

CONCERN YOU?

Chris Ferguson at Credence International explains why

UK expats should learn more about this tax type

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WEALTH MANAGEMENT

UK IHT receipts increased from £2.3bn in

2009/2010 to a staggering £4.8bn in

2016/2017. This is expected to increase to

£5.8bn around 2018/2019

There are few taxes in life that are optional and

inheritance tax is one of them. IHT can cost

your family and loved ones a considerable sum

of money in the event of your death. However,

with a little forward planning, it is possible to legitimately

avoid this tax. Therefore, it is a necessity to understand the

basics and create a strategic plan. Here’s a brief look at

IHT in the UK and some ways it can be minimised.

IHT is a tax payable by a British domiciled individual on

worldwide assets, in the event of their death. It is

chargeable at a rate of 40 per cent on all assets, over the

current Nil Rate Band (NRB) which is £325,000

(Dhs1,574,677). Married couples or those in a civil

partnership, each receive the NRB, thus increasing the

threshold to £650,000. The NRB has not changed since

2009 and is fixed at £325,000 until 2021.

In the past, IHT was largely aimed at high net worth

individuals, however more UK citizens are now paying

significant IHT. Indeed, UK IHT receipts increased from

£2.3bn in 2009/2010 to a staggering £4.8bn in 2016/2017,

according to figures from Statista. This is expected to

increase to £5.8bn around 2018/2019. London and the

South-East account for a high proportion of IHT receipts,

according to The Telegraph, which is not surprising, given

that much of the UK’s property and business wealth is

concentrated in these areas.

Whether or not you can change your domicile to avoid

the tax, is a complex area and often one that is

misunderstood. Whilst many people who have lived

abroad and have been non-residents for many years

consider themselves no longer UK domiciled, the reality is

very different. Being non-resident certainly does not imply

non-domicile, and it is your address that determines where

you pay IHT and not your residency. At birth, you receive

your domicile of origin from your father (or mother if

your parents were not married at the time). This will

remain unless your parents lived abroad and changed their

own domicile by choice before you were aged 16 – then

you would also change to the domicile of dependency.

After age 16, your domicile depends on your own

circumstances. British expats may live abroad for many

years without losing their UK domicile if they have not

taken sufficient steps to break their ties with the UK.

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WEALTH MANAGEMENT

Inheritance tax rules are convoluted, but it's

worth knowing that if you are married or in a civil

partnership, and your estate is worth less than

£325,000, any unused threshold can be added to

your partner’s threshold at your time of death. No

IHT is payable if you pass on your home to your

spouse or civil partner. However, if the home is

left to another person in your will, it will count

towards the value of the estate. If you give away

your home to your children or grandchildren, your

threshold will increase to £425,000. (This is known

as the Residence NRB and basically adds £100,000

to the NRB, if you pass to your direct descendants).

In relation to offerings, a gift made seven

years or more before death are known as a

‘potentially exempt transfers’ (PETs) and will

not be taxable. Gifts that are not exempt from

IHT will be charged 40 per cent tax if given in

the three years before you die. Gifts made three

to seven years before your death will be taxed

on a sliding scale. However, this only applies to

larger items as smaller than the NRB given,

within the seven years prior to death, will simply

use up all or part of the NRB allowance.

There’s no IHT to pay on gifts between spouses or

civil partners, if they reside in the UK permanently.

You can also currently give away £3,000 worth of

items (each tax year) as an annual exemption, and

unused annual exemptions can be carried forward for

one year. Any assets either gifted to or left in a will to

a registered charity, will also avoid IHT on death.

Nonetheless, other gifts are likely to be counted

towards the value of your estate, and the beneficiaries

of gifts will be charged IHT if you give away more

than £325,000 in the seven years before your death.

It’s worth noting that a loss in value when a

possession is transferred is counted as a gift. For

example, if you sold your property to your child

at a 50 per cent discount to market value, the

difference between the sale price and market

value would be classed as a gift.

To answer your question on whether IHT is

avoidable, the simple answer is yes, if you take

professional, qualified financial advice in advance.

For most people, this would be during their 50s or

60s rather than leaving it until much later in life.

THE NEXT STEP

IHT solutions are very much tailored to

the needs of the individual, there are

some simple steps you can take to

significantly reduce the impact:

• Make a gift to a partner

• Gift family members or friends

• Transfer assets into a trust

• Leave a legacy to charity

• Take out life insurance

When gifting away assets, there are some ways

to continue to see the benefits of that asset

including a regular retirement income. For this,

we recommend you seek professional advice.

Chris Ferguson is the CEO at

Credence International

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“Be Fearful When Others Are Greedy and

Greedy When Others Are Fearful”

Warren Buffett

Financial Planning | Tax Planning | Wealth Management | Corporate Services

United Arab Emirates | United Kingdom | Australia | Bermuda

www.credence-international.com

+971 4 556 5900 | info@credence-international.com

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ENTREPRENEUR

The art of

TRAVEL

Thomas Bennett, co-founder of the

luxury home rental social network Stay

One Degree, talks to us about how his

brainchild came about and why he can’t

stand a certain Swedish furniture brand

By Meryl D'Souza

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ENTREPRENEUR

never used Airbnb. Not because I

wasn’t attracted by the economical

rates and the amazing amenities some

I’ve

places provide, but because of a friend,

who had a horrible experience after booking a

temp abode so that he could attend the annual

Baselworld watch fair. Hotels weren’t an option

because those rooms in the city are booked

years in advance. In truth, he didn’t have much

of a choice. “Most of our previous experiences

with Airbnb were great, except that one time in

2015,” he says. “We landed at the host’s

apartment only to find out that it was under

renovation. There were no beds – just a few

mattresses on the floor, no furniture, no white

goods in the kitchen, and the bathroom door

was an improvised sheet of metal that had to be

crudely pulled over the door frame. There

wasn’t even a WiFi connection. Obviously, the

apartment looked nothing like the pictures that

were uploaded. We immediately raised the issue

with the owner who was occupying the floor

above us. While he sheepishly agreed to refund

the amount without much protest, we got back

onto Airbnb and quickly booked another

apartment across the city, whose owner, a Swiss

security guard, was only too happy to earn an

additional income that week.”

A quick google search showed me my friend

wasn’t alone. There are dreadful stories of

people who leased their homes through the app

for a couple of days only to find the place turned

upside down because of parties hosted there by

guests. Best case scenarios had furniture broken

and stolen, whereas worst-case scenarios had

faeces on the floor, X-rated parties and in one

instance, a guest-turned-squatter refused to

leave the host’s home. In that last instance, the

host had to lawyer up and go through an

eviction process just to get the squatter out of

her 600-sq-ft condo in Palm Springs, California.

Thomas Bennett, co-founder of Stay One

Degree, a luxury home rental social network, has

a similar, albeit less harrowing travel story. “We

had booked a holiday in Bali for two weeks,” he

says. “We trawled through hundreds of homes

on one of the large websites and ultimately

booked a villa that looked fantastic in the

pictures. When we arrived, it was clear that the

photos were heavily edited. The villa was very

tired, incredibly noisy and the air-conditioning

was non-existent. We were unable to sleep in the

30-degree heat. Even worse, we were unable to

change the villa despite complaints and it ruined

our holiday. We vowed never to book again

without a personal connection with the owner.”

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ENTREPRENEUR

The unique element of

Stay One Degree is that

it is a social network

focused on the luxury

segment of the market,

Bennett explains. Our site

operates in a similar

fashion to LinkedIn.

You can connect with

your friends and view

mutual connections

It was horror stories like those that drove

Bennett and co-founder Jorge Munoz to ditch

their roles in investment banking and create Stay

One Degree. To put it plainly, the website is an

ultra-luxury version of Airbnb. The difference,

however, is in the details. “The unique element

of Stay One Degree is that it is a social network

focused on the luxury segment of the market,”

Bennett explains. “Our site operates in a similar

fashion to LinkedIn. You can connect with your

friends and view mutual connections.”

What that essentially means is that if you want

to rent a holiday home, all you need to do is reach

out to the people within your network of friends

and their friends. That way you’re not reaching

out to a dodgy, anonymous house owner. The

business model also ensures that those renting

are doing so from a trusted connection. “You

also have the added confidence that we handpick

every home to ensure the right quality for

our members and we showcase the best homes

globally,” Bennett adds.

As Bennett mentions, each property that shows

up on the website is personally vetted by himself

and the team to ensure that they meet the

standards befitting their posh clientele – which

Bennett tells us includes Hollywood stars

(including an Oscar winner), golf and football

stars, a celebrity chef and a supermodel. Despite

its lofty standards, Stay One Degree prioritises its

customers. That’s not just regurgitated press

release nonsense. Where other property rental

websites command 50 per cent of a rental fee,

Stay One Degree asks for a meagre eight per cent.

“There are no annual fees or setup charges and

we do all the work for homeowners creating their

home profiles. We wanted to create a scenario

where there is zero cost or effort required to

become a member and list a home,” Bennett says.

“We vet our homes based on quality, desirability

and location rather than simply price,” Bennett

says. “Ultimately, we want our members to have

holiday homes in an exciting and desirable

location, furnished with tasteful décor, and have

access to a day-to-day contact (onsite staff,

property manager or owner).”

Note the remark about furniture that’s

casually sandwiched in there. The co-founders

of Stay One Degree are particular about things

like not having IKEA furniture in homes. “The

quality and style of the home interiors are part

of our selection process and reflect the fact that

most of our residences are real homes and have

not been furnished at the lowest cost solely for

mass rentals,” Bennett clarifies.

I somehow suppress the urge to say, “Oh, snap!”

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ENTREPRENEUR

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EQUITY


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COVER STORY

MAN

IMAGES BY SHUTTERSTOCK AND MERCEDES BENZ

ON FIRE

A decade into his F1 career, Lewis Hamilton hasn’t taken his foot off the

throttle. The triple world champion is on the brink of his fourth title. Here’s

how he shred the rulebook and rose to the top of his game

By Varun Godinho

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EQUITY


COVER STORY

Lewis Hamilton was an interloper.

When he began his karting

career in 1993, the compulsively

competitive eight-year-old

would consistently beat the

other kids on the track, only to

have their moms come up and

tell him that he wasn’t good

enough. Racing was a whitedominated

sport for wealthy

participants. Hamilton was neither. Undoubtedly, those

disparaging comments had racists undertones. Ironically,

when he began his F1 career in 2007, he was the first black

driver in the history of the sport.

Hamilton grew up rough. His parents separated when he

was two. By the time he was 12, he went to stay with his

father, Anthony, in a tiny one-bed apartment in North

London along with his step-mother and her son. Anthony

worked at up to three jobs at a time and re-mortgaged the

house to finance his son’s racing career. The two travelled

around the UK participating in every karting race they could.

It’s where he perfected the skill of hitting the brakes at the last

moment while going into a corner – a technique to ensure

maximum speed that he still uses today. They had the worst

trailer, travelled in the cheapest car and had the simplest

go-kart compared to the other well-heeled participants, but

that didn’t stop Hamilton from winning every time.

In 1995, at the age of 10, during an awards ceremony at one

of the karting events, he met McLaren’s racing chief, Ron

Dennis. The plucky boy told the F1 veteran that he wanted to

race his cars one day. Incredibly, three years later Dennis

signed on Hamilton to the Young Driver’s Programme.

Hamilton caught his big break at the inaugural race of the

2007 Grand Prix in Australia. Defending double world

champion Fernando Alonso had just moved to McLaren

from Renault and Hamilton was brought in to play the role of

a wingman – rather than challenger – to his teammate. The

22-year-old F1 debutant had other plans. Not only did he

finish his first-ever F1 race on the podium, but also came

frustratingly close to winning the world championship that

year too. He lost out to Kimi Räikkönen by a single point.

Alonso finished third.

The following year, with his confidence peaking, Hamilton

had an incredible season. He won the world title on the final

corner, of the final lap, in the final race of the season

becoming the youngest driver to win a world championship.

An F1 superstar was born.

THE MAKING OF A CHAMPION

There’ve been very good drivers who weren’t showmen

(Michael Schumacher) and consummate playboys (James

Hunt) who weren’t consistent winners. Hamilton was both.

By carefully curating Brand Hamilton – the man who sits in

the front row of London Collections Men, then hops back

onto his Bombardier CL 600 private jet to fly halfway around

the world to win a race and then fly back to catch up with

Karl Lagerfeld and Stella McCartney backstage at another

fashion show – he has turned into a paparazzi darling.

Hopscotching between his residences in Colorado, Monaco

and Switzerland, his pals include A-listers from Pharrell

Williams, Jay Z, Gigi Hadid, Justin Bieber and the

Kardashians; all of who regularly pepper his Instagram feed.

His on-off-on-off-again relationship with the glamorous

Nicole Scherzinger provided plenty of fertile fodder for

gossip rags from The Sun to the Daily Mail to regurgitate daily

in explicit detail.

Hamilton, it can be argued, has had a transcendental

effect on the sport. Think of him as an ambassador for F1.

Even if you haven’t watched a single NBA game in your life,

or couldn’t care less about football and never followed a

single golf championship, names like Michael Jordan, David

Beckham or Tiger Woods aren’t unfamiliar. That’s the case

with Hamilton too, who entered the sport in 2007 at a time

when the absolute dominance of Schumacher reduced F1 to

a predictable and boring phenomenon. Schumacher had

just announced his retirement at the end of 2006 season,

and Hamilton was the fresh-faced party-hard imageconscious

racer that the sport needed. According to a report

in TIME magazine, F1’s revenue was up 53 per cent to $1.83

billion at the end of July last year compared to when

Hamilton entered F1.

It’s no surprise then that erstwhile F1 boss Bernie

Ecclestone famously called Hamilton the “best world

champion we’ve had” – high-praise indeed from the whipin-chief

who made and broke world champions over the

nearly four decades that he was at the helm. “As a driver, he

is absolutely outstanding – as good as there’s ever been.

Apart from the talent, he’s a good guy, he gets out on the

street and supports and promotes Formula One. He is box

office, 100 per cent.”

One of his biggest box-office moments came in 2013 when

he decided to move from McLaren to Mercedes. McLaren’s

racing chief wasn’t happy. The parting between the two was

acrimonious. But with Mercedes believed to have inked a

$100 million three-year contract for their incoming driver,

there was no looking back. He was paired with Nico Rosberg

– the two grew up competing against one another in the

karting series.

Beginning 2014, having settled into his car, Hamilton

began to justify the mini commercial empire that was spun

around F1’s leading man. He romped home to a comfortable

championship win with his teammate finishing second. In

2015, Hamilton repeated his stellar performance and bagged

his third championship title, equaling his childhood hero

Ayrton Senna’s record. That year, Hamilton was offered

another three-year deal with Mercedes, reportedly worth

$135 million. By accepting it, he became the highest paid

British sportsman in Formula One history.

28

EQUITY


COVER STORY

29

EQUITY


COVER STORY

Apart from the talent, he’s a good

guy. He gets out on the street and

supports and promotes Formula

One. He is box office, 100 per cent

By the time the 2016 season began, it was Rosberg’s

time to shine. Hamilton made it clear though that the

gloves were off. He was there to compete and win races,

not make friends. The two began to duke it out on the

track, much to Mercedes’ chagrin. They crashed hard into

each other hard in the opening lap of the Spanish GP,

wrecking both cars. Mercedes’ non-executive chairman

Niki Lauda stepped in and threatened to sever both their

contracts if it ever happened again. That didn’t stop them

from colliding into each other once again two months later

in the final lap of the Austrian race.

Evidently, Rosberg and Hamilton had eroded nearly all

goodwill with their team. But the fact that at least one of the

two drivers – at times both – were on the podium in every

single race except the Spanish GP that year, was enough for

Mercedes to bite their tongue and tolerate the behaviour of

the sparring drivers. Hamilton even turned on his own team

by saying that the engine trouble that he suffered in three

races – Rosberg didn’t face any – wasn’t happenstance. Toto

Wolff, the team’s racing boss, had a soft corner for Hamilton

though and wasn’t ready to read the riot act to either driver.

Wolff’s patience paid off and although Hamilton lost the

championship to Rosberg, the team ended at the top of the

constructor’s championship at the end of the season.

Hamilton isn’t above courting controversies. In the final

race of the Abu Dhabi GP last year, while leading the race

with Rosberg on his tail, he deliberately slowed the pace of

the race. For him to win the championship, he needed to

finish first and Rosberg had to finish fourth or lower.

Hamilton defied team orders over the radio to pick up the

pace and although Rosberg eventually finished second,

Hamilton wasn’t gracious in defeat and defended his right

to control the pace of the race.

Earlier this year, at the Azerbaijan GP, he deliberately

braked hard when the safety car was out so that he could

bunch up the field. A furious Sebastian Vettel who was right

30

EQUITY


COVER STORY

Hamilton at the 2016

Abu Dhabi GP

behind him had to brake hard and was clearly unhappy with

Hamilton’s driving style. While none of these moves

amount to cheating, neither were they entirely fair play.

THE HOME STRETCH

Following Rosberg’s surprise announcement of his retirement

straight after he won the world championship last year,

Hamilton has a new teammate in Valtteri Bottas this year. At

the time of going to press, with only the Brazilian and Abu

Dhabi GP left, Hamilton is leading the driver’s championship.

In the decade he has spent in the fastest sport on the planet,

he has notched 63 wins and has been on the podium on 117

occasions. If he wins the 2017 F1 championship – and the

deck is dealt in his favour – his fourth world championship

win will mean that only Juan Manuel Fangio and Michael

Schumacher have won more championships than him.

Brand Hamilton is in rude health. The interloper is now

a player.

Hamilton with Mercedes

non-executive chairman

Niki Lauda and the team's

racing boss Toto Wolff

Hamilton with

Donatella Versace

31

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EDUCATION

HERE

COMES

THE

MONEY

Why investing in education is the next big thing

By Meryl D’souza

32

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EDUCATION

Sunny Varkey was a little over three

years old when his parents left him in

the care of family members in India as

they made the haul to the UAE in

search of – figuratively – greener pastures.

When the Varkeys moved to Dubai in the late

Fifties, the then British protectorate was little

more than desert. When Sunny Varkey’s father

wasn’t working for the British Bank of the

Middle East, him and his wife would teach

English to local Arabs, including members of

the royal family.

With the discovery of oil and the influx of

expats from the Asian subcontinent, Sunny

Varkey’s parents saw the demand for their

services grow. To the point that they seized the

opportunity and founded Our Own English

High School in 1968. By then, Sunny Varkey,

who had completed his education at the St.

Mary's Catholic High School in Oud Metha

followed by a year at Bembridge School on the

Isle of Wight in Britain, was employed with

Standard Chartered. While working at the bank,

he stumbled upon his manager’s salary. "I

thought, if I end up being a banker, I will not be

able to develop in life," he told The Guardian.

In the Eighties, when Arab authorities

demanded that the Our Own English High School

be refurbished, Varkey decided to lift that weight

off his parents’ shoulders and oversaw operations

of the school. Today, Global Education

Management Systems (GEMS) Education boasts

schools and education services across 14 countries.

We could give you more stats and figures in a bid

to shock and surprise you, but we’d rather talk in

the universal language of money. GEMS

Education, backed by private equity firms

Blackstone Group LP and Fajr Capital Ltd,

reported unaudited earnings of $539.1 million for

the six months to February 2017 – up 18 per cent

from the same period the year before.

The best part about Varkey’s business model:

It’s recession proof. That, ladies and gentlemen,

is the beauty of investing in education. Sunny

Varkey took a singular school, saw the

opportunity, and created an empire with outlets

not dissimilar to a fast-food chain while offering

private education at varying rates, akin to airlines

with budget and high-end flight options.

If you’ve been paying attention to the markets

in the West, you will have noticed that investors

are starting to look past the conventional office,

retail or industrial property as investment

opportunities. Instead, alternative real estate

assets are rising in popularity owing to their

higher returns. Niche alternatives within the

healthcare and educational sectors outline lower

transactional volumes, less liquidity, lower

transparency and can produce higher yields than

traditional commercial property assets.

According to a comprehensive report by

American professional services and investment

management company, Jones Lang LaSalle

Incorporated (JLL), at least 1,100 additional

schools will be required in Dubai, Abu Dhabi,

Jeddah, Riyadh and Cairo by 2020 to cope with

the increasing demand – 350 of which will need

to be private schools. These private schools

provide a significant opportunity for investors.

“The education sector has sparked the interest of

many real estate investors right across the MENA

region,” says Craig Plumb, head of research at

JLL Mena. “Private equity firms, in particular,

have been very active in recent years, and they

will continue to play a pivotal role in the

expansion of the private education sector here.”

If that isn’t enough to pique your interest, you

should know that between 2010 and 2015, about

Dhs2.3 billion ($626 million) was invested in 45

schools in Abu Dhabi alone. The level of

investments in the school market has increased by

22 per cent, bringing $2.7 billion into the education

sector, reshaping the landscape of education

locally. As innovation and technology will reform

the outdated curriculum and attract skilled

workforce into the system, the education sector

will provide many chances for profit.

Here’s the kicker: Per Khaleej Times

“Investors who canvas these type of alternative

solutions, either as a real estate asset or as a

private equity can earn 15 to 20 per cent more in

margins compared to eight to 10 per cent return

from a conventional property.” Think of it this

way: In five years (give or take a few) you could

either be the guy at home, sitting on his couch,

Netflix-ing a series about another guy who made

it big by playing the education system, or, you

could be the guy the series is about.

33

EQUITY


LOCAL STAR

Tell us about yourself?

I’m originally from Istanbul, Turkey, and

hold a bachelor’s degree in electrical

engineering from Yildiz Technical

University and an MBA from Beykent

University. I am both the co-founder and

CEO of mrUsta.

What exactly is mrUsta?

It’s an open, online marketplace that

allows customers to find quality service

providers ‘Ustas’. Customers deal directly

with the Ustas with no middlemen – for

free – and receive offers from multiple

Ustas based on their requirements. Simply

choose the preferred offer to complete the

job, and rate their Ustas on the platform,

based on their performance. The service is

web-based, but for a more immersive

experience, we recommend that

customers download our app, available

for both Android and iOS devices.

What field were you in prior to this?

I was a product marketing manager at

Nokia, and worked for other large tech

giants like IBM and Vestel for the past

20 years.

How did you see a niche in the market?

A few years back, our air conditioner broke

down in the middle of August. The

building’s management promised to get it

fixed, but never showed up. I called around

for service providers in Dubai who were

willing to do it in short notice. This wasted

hours of my time, with broken promises,

and atrocious rates. After talking to several

friends and colleagues, I realised that this

was not an uncommon story in the UAE.

That’s when mrUsta – the idea – was born.

We officially launched in 2014, with minor

tweaks to our model along to the way, until

we reached the current product.

What have been your major

challenges till date?

We find the biggest challenge to be one of

education. The UAE has one of the most

diverse and complex demographics in the

globe, and finding one common ‘language’

or solution that works for all is nearly

impossibile. There are also varying degrees

of tech-savviness in the country, and not

to the extent you would expect in Europe

and North America. We have to bear in

mind that our friends, friends’ friends, and

social circles are not necessarily

representative of the UAE, as a whole. We

find the challenge is not only to educate

the public about mrUsta – taking into

consideration these complexities – but

also, to a certain degree, teaching them

how to use it. We see the same challenge

with service providers. As an

overwhelming number of them do not

exist in any form in the online space,

teaching them how to take their business

from offline to online does require a bit of

time, patience, and of course, education.

Have you secured funding or gearing

up for a round?

We raised Dhs1.2 million in seed funding

in late 2015, and Dhs2.6 million in a

second round in October 2017. This

second round was ‘bridge’ financing that

has been instrumental in driving our

growth until we go for our Series A

funding in 2018.

Any interesting launches rolling out

this year?

Based on insight and market studies, we

are regularly launching new categories that

we are confident that our customers – and

potential clients – would be happy to see.

We soft-launched in Riyadh a few months

ago, and as it organically ramps up, we will

officially launch in Saudi Arabia next year.

Where do you see the brand in the

next five years?

We will continue to grow and innovate, and

hopefully, set foot in major markets in the

region. In the next five years, I also see

mrUsta as a regional powerhouse in the

online marketing sector, moving 80 per

cent of offline service market to a digital

platform. In addition, I foresee the brand

being synonymous with service quality, and

our name always being associated with

happiness, convenience, and innovation.

#SUPPORTLOCAL

Meet Ibrahim Colak, Co-Founder and CEO of mrUsta,

an online marketplace that allows customers to find quality service providers

34

EQUITY


ody

&

soul

Indulge in a therapeutic

couple's massage, tee off at

Ras Al Khaimah's finest golf

course, score a megayacht

and place your order for the

next-generation of the

Bentley Continental GT.

Read on to get the inside

scoop on each

35

EQUITY


BILLIONAIRES ARE NOW BUYING

APOCALYPSE INSURANCE

FROM UNDERGROUND BUNKERS TO DETAILED EVACUATION

PLANS, THEY’RE PREPPED WITH PLAN B

IS AMAZON POISED TO

TAKE OVER THE WORLD?

Innovate or incinerate, that is the name of the game

READY FOR AN

ASTON MARTIN SUBMARINE?

Production of the $4 million vessel is limited to a

dozen units per year

THE CASE FOR A CASHLESS UAE

The UAE is primed to become a cashless society.

Here’s why that’s a pretty good idea

NOON AND THE RISE OF E-COMMERCE IN THE UAE

Is the UAE going to see a retail apocalypse soon?

Follow us on social media

36

EQUITY

EQUITYMEDIAUAE


THE ETERNAL MOVEMENT

Ulysse Nardin, from the movement of the sea to the perpetual

innovation of Haute Horlogerie. For over 170 years, the

powerful movement of the ocean has inspired Ulysse Nardin

in its singular quest: to push back the limits of mechanical

watchmaking, time and time again.

Marine Regatta

Chronograph

Countdown timer

Silicium technology

ulysse-nardin.com

ULYSSE NARDIN BOUTIQUES: The Dubai Mall +971 44341421, Mall of the Emirates +971 43950577, Beirut Souks +961 1992092

Abu Dhabi: Al Manara International Jewellery Amman: Time Center Bahrain: Asia Jewellers Cairo: BTC Exclusive Doha: Ali Bin Ali

Jeddah: First Jewelry Kuwait: Morad Yousuf Behbehani Muscat: Le Carat Riyadh: First Jewelry

37

EQUITY


TRENDS

The

CHECKLIST

Chic picks to keep you vogueish this summer

YOUTHFUL PLAY

New York design house, Coach, have finally opened their

doors at Mall of the Emirates, bringing with itself a breath of

fresh air and stunning textured leather pieces. The modern

luxury store boasts that SoHo vibe, with a warm ambience to

make your shopping experience pleasurable. But that’s not all.

The Fall Winter collection lures you in with textured tea roses,

charms and pins adorning everything from mini handbags to

satchels. Take your pick and head to the Coach Create designit-yourself

stand to make it your own. Accesorize with straps,

charms, scarves and the tea rose or Coach link (their latest

chain embellishment), or perhaps with the monogramming

service including a range of tag colour options, 14 foil colours,

initials, numbers and over 100 adorable icons featuring

everything from snowflakes and donuts, to palm trees and

your Chinese zodiac animal. While you linger around for your

new piece to be customised, you may want to take a look at

the weekender luggage for your significant other, a silk scarf for

your bag handle, or an embellished charm. It may just be your

one stop shop for the festive holidays.

Personalize it is available at Coach, Level 1, Mall of the Emirates,

Mirdiff and Avenues, while the Accessorize it elements are

available at all stores

38

EQUITY


TRENDS

LOCAL TALENT

Romy Hourani’s Fall 2017

collection will have you swooning

over crushed velvet and lace

textures and patterns, packing in a

wardrobe with a vintage edge. The

New York-born, Italian-bred

designer relocated to Dubai in

2014, and stems inspiration from

her grandfather, an actor in

Sweden who starred across the

gracious Greta Garbo in one of his

movies. The 15-piece collection

showcases bold jumpsuits, dresses

and sharp silhouettes, with

feminine-led details including softbelted

waists and billowing sleeves

in shades of berry red, classic

checks, leopard print and florals.

Visit romycollection.com

TRADITIONAL CRAFTSMANSHIP

Renowned jewellery designer and artist Nadine Kanso,

has unveiled her latest collection, KHATT. Staying true

to her trademark Arabic letters, the pieces pays homage

to the Arabic phrase which means calligraphy, or line,

signifying a new direction of design from the brand.

Bangles, pendants, rings and ear cuffs can be personalised,

and are available in assorted colours, and variations of

gold and white gold, delicately finished with diamonds,

allowing for self-expression through accessories.

Exclusively available at Sauce Rocks, The Galleria Mall Dubai

THESE BOOTS WERE

MADE FOR WALKING

Men, look no further for a new pair of

boots. Online retailer MR PORTER

have curated an exclusive boot

capsule, The Urban Explorer,

comprising 24 pieces of cold-weather

footwear from 15 renowned brands

including Tom Ford, Berluti, John

Lobb and Grenson, to name a few.

Visit mrporter.com

39

EQUITY


IN STYLE

HOP

talk

The stores to visit for

Syour next shopping haul

CUFF IT

You may have a Royal Oak

or two, so why not get matching cufflinks to

complement your Audemars Piguet

timepiece? The collection entails six new pairs

with the brands signature octagonal shape

and hexagonal screws. Choose from three

in stainless steel with either blue, black or

silver “Tapisserie” pattern, pink gold with blue

or black, and yellow gold with the similar

blue pattern.

Available at all Audemars Piguet boutiques

MONOCHROME AFFAIR

Tory Burch’s latest collection features

a black-and-white scheme with

embroidery for texture and effect.

Feminine-cut jackets, blazers and flair

coats in soft ivory will fill up your winter

wardrobe, while velvet trousers and floorlength

maxis with mother-of-pearl

buttons, beads and sequins take outfits

from day to night, with the addition of

accessories – think, androgynous brogues,

pointed-toe ballerinas and embellished

satchels. Simple, yet sophisticated.

Across all Tory Burch stores

ACCESSORIES

GAME

The Middle East’s largest

department store Robinsons,

hailing from Singapore, is no

stranger to avid shoppers. Now,

there’s even more of a reason to

head there with the launch of the

highly-anticipated hall of fashion

and accessories. The sky-lit space

is home to coveted brands

exclusive to the store, such as

Louis Quatroze and Kwanpen, as

well as niche brands including

Pedro Garcia, Les Petits Joueurs

and Lili Radu, to name a few. If

you haven’t already visited, it’s

time to make a trip ahead of soirée

season. Visit robinsons.me

40

EQUITY


CAN’T SPOT

THE THREAT?

We can.

SPECIALIST CONSULTING BY CONSILIUM | THE ART AND SCIENCE OF RISK RESOLUTION

As a leading provider of specialist security solutions and risk consulting,

Consilium identifies and acts to remove or resolve vulnerability in

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or personal security challenges throughout the world.

Consilium’s international footprint permits long or short term global

security solutions, sustained due diligence and business intelligence

in active and passive environments. Client confidentiality and

assured discretion is a trademark of Consilium’s delivery.

IF YOU HAVE A PROBLEM | TALK TO US.

consiliumworld.com

+971 (0) 2 418 7560 | 24/7: +44 (0) 20 7078 9088 LONDON ABU DHABI LAGOS NEW YORK MANILA


WELLNESS

INDULGE YOURSELF

Tried-and-tested experiences of the month

Need to know:

Dhs1,500,

+971 4 394 7190

The venue: LA VIE CLINIC

The service: Fillers

The verdict: Upon going through the Instagram feeds of

certain models, make-up artists and celebrities, the most

noticeable element is their plump, luscious lips. It seems as

though filled-out eyebrows are now a thing of the past.

When we were given the opportunity to meet with Dr.

Malcolm Paul, a celebrity plastic surgeon from Beverley

Hills, and treat ourselves to literally anything on his service

list, we couldn’t pass up the opportunity to obtain that

perfect pout.

La Vie Clinic can best be described as a hybrid between a

salon and a clinic. The minimalist décor in the lobby leads to

clinical-style treatment rooms boasting a soft green tone.

Before the treatment, Dr. Paul and I sat for a casual chat

where he explained the procedure, the fact that he needed

to fill my lower lip a third more than the above, and would

be filling in the entire lip and upper lip area to smoothen out

certain creases. To begin the treatment, local anaesthetic

was applied to numb the area, after which, I was pricked four

times – two near the nose and two slightly below the lip. As

you wait for the numbing effect to kick in, chatty Dr Paul

cracks a few jokes to calm the nerves. Unsurprisingly, I had

plenty to inquire about his career. The main question,

however, was which celebrities had he worked on? “Oh, I’ve

worked on a number of celebrities, but I won’t be able to

disclose any information – neither whom nor what they did,”

he tells us. I soon find out that Dr Paul doesn’t disclose any

patient’s treatments.

Once the area was numbed, the filling process began, with

Dr. Paul injecting hyaluronic acid – a substance naturally present

in the body – to plump the lips and smoothen out folds, which I

previously disregarded as laugh lines. I stopped counting the

number of pricks after it went over ten, but to be honest,

despite what I imagined, it didn’t hurt at all. As he went about

the process, he began chatting about the different procedures

popular in LA such as Buccal fat removal – a surgical facial

contouring procedure – and reconstructing of the jawline.

I ran to the mirror once done to admire my newly defined

lip line and lips. Dr. Paul was kind enough to let me know that I

could come back for a complimentary re-fill to use the

remaining substance that had been name-tagged and kept

aside. We went on to speak about music and quite a few

topics before I learnt about his schedule. He is a busy individual,

flying straight to Dublin (where he is a Clinical Professor of

Surgery), and then back to the US for multiple treatments.

He’s clearly in demand, so make sure to book ahead of his

next visit. As for me, naturally, I stepped out and took a picture

to post on Instagram – clearly, no disclosure needed here.

42

EQUITY


WELLNESS

The venue: HEAVENLY SPA BY WESTIN, WESTIN

DUBAI AL HABTOOR CITY

The service: Couple’s massage

The verdict: Whether you’re stressed or jet-lagged, there

really isn’t anything a therapeutic massage can’t help with.

Heavenly Spa at Westin, truly is heavenly. The sprawling

space features wooden finishing, and an essential oil aroma

that’s hard to pinpoint, nonetheless, calming. We were

shown the mixed and women’s only facilities before

heading to the couple’s suite. A jacuzzi, steam bath, and

thermal lounges make up the space, and are available to

use before and after treatments.

We slipped into our robes, had our feet washed in a

warm pebble bath and made our way to the bed for a deep

tissue massage. We were then asked to choose from three

rocks: love, hope and gratitude, to place under our bed.

The massage began with a focus on our backs and shoulders

to relieve knots and soothe muscles with prolonged

relaxed strokes. The oil was a mixture of cocoa and mango

butter, melted together and drizzled over the skin for a

moisturising treatment.

Soon after, our legs and feet were massaged, followed by

the arms, with similar movements throughout.

Medium pressure was applied all along, making my limbs and

body ache-free. The best part about the treatment and

suites is possibly the stunning view of the canal – try to book

an evening appointment, to take in the vibrant landscape

during daylight and after hours, when it’s all lit up.

V

Need to know:

AED 435 per

person, call

+971 4 437 3300

43

EQUITY


Bombardier, Global 6000 and Exceptional by Design are trademarks of

Bombardier Inc. or its subsidiaries. © 2017 Bombardier Inc. All rights reserved.

We didn’t get here by sheer luck. This was deliberate.

An act of craftsmanship and engineering prowess. Decades in the making.

Meeting at the intersection of art and technology. Defying conventions.

Redefining luxury. So when all is said and done,

we’ll know that we achieved something truly extraordinary.

businessaircraft.bombardier.com

44

EQUITY


COLLECTOR'S PIECES

ON OUR RADAR

Striking statement pieces

JEWELLERY

Chantecler

CHERIE NECKLACE

Diamonds are a woman’s best friend.

We know it. But today’s women

don’t just don a tennis bracelet or a

string of diamonds. It’s all about bold,

statement pieces with a hint of

sparkle, albeit over three carats. Enter

Chantecler, a jewel brand from Capri

that offers elegant yet eccentric

pieces, with traits typical to the

stunning Blue Island (Grotto). Most

pieces are created in limited numbers,

with each piece evoking the memory

of ancient goldsmith’s techniques that

hark back to territorial heritage, yet

with a contemporary touch.

So, what do women want? This

Cherie necklace in Turquoise 166.5

grams with white diamonds pave 7.63

carats. Worn with a crisp shirt,

elegant black dress and a power suit,

the turquoise beads inject a pop of

colour, personality and elegance to

the ensemble.

DHS217,380 AT ISTANA JEWELLERS

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COLLECTOR'S PIECES

TIMEPIECE

Roger Dubuis

Excalibur Aventador S

FOR HIM

Roger Dubuis brings rock ’n’ roll to the otherwise sedated universe of Swiss mechanical watchmaking. Credit in no small part

is owed to its founder, Mr. Roger Dubuis, who founded the brand in the mid-Nineties and who unfortunately passed away

last month. He’s left a rich legacy for the brand that includes avant-garde designs and a reputation for being the only

watchmaker in the world which ensures that 100 per cent of the watches it manufactures are certified with the Geneva seal.

The latest is this Excalibur Aventador S. The 45mm case is made from carbon fibre, the same grade used in the

construction of Lamborghinis. The self-winding mechanical calibre has been skeletonized to reduce the weight of the

timepiece. The power reserve indicator has been cleverly integrated into that skeletonized movement and is visible

between one and two o’clock on the dial. This wristwatch is limited to only 88 pieces and another version with orange

accents (instead of yellow) is limited to just eight pieces. Let’s say the chance of you seeing one on someone’s wrist is as

good as randomly spotting two Lamborghinis in the wild in a single day.

$185,000 (DHS680,000) AT ROGERDUBUIS.COM

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COLLECTOR'S PIECES

TIMEPIECE

Piaget

Altiplano 900 P

FOR HER

The Piaget Altiplano 900P is the world’s thinnest mechanical watch. It measures in at a slim 3.65mm when fully cased.

To reduce the thickness, the inner caseback serves as the mainplate of the movement. The 900P, although it first

debuted in 2013, wouldn’t have been possible without the invention of the revolutionary Calibre 9P in 1957 that

served as the bedrock for Piaget’s pursuit of ultra-thin watchmaking records.

This year, to celebrate the 60th anniversary of that storied calibre, Piaget has debuted an all-new Altiplano 900P

(ref G0A42110). The 38mm case of this anniversary edition timepiece is made from 18k rose gold. The screws

which are visible on the dial match the colour of the case while the white alligator-skin strap lifts this horological

hero into the realm of elegant dress-watches. The star of the show though is obviously the mechanical winding

movement which has 145 components and boasts a power reserve of 48hours. It’s limited to just 200 pieces. Turn one

on its side, and it disappears.

$38,200 (DHS140,300) AT PIAGET.COM

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AUSTRALIAN FINANCIAL SERVICES LICENSEE 483118 | ABN 27 608 511 593


COLLECTOR'S PIECES

GADGETS

Mako

SLINGSHOT JETBOARD

The shortfin mako shark is widely considered to be the fastest in the world.

At full-throttle, it’s estimated to go between 45 and 60 miles per hour. Its

wakeboard namesake, the carbon-fibre Mako Slingshot Jetboard, is powered

by a fuel-efficient Rotron XT100 engine that tops at about 34 miles per hour.

It’s essentially a 20kg jet-ski, surfboard hybrid that can fit in the trunk of your

car. Just remember you’re still prey when you take to the oceans.

$9,850 (DHS36,200) AT MAKOBOARDSPORTS.COM

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COLLECTOR'S PIECES

BMW

ACTIVE HYBRID E-BIKE

Don’t be fooled, that bicycle-like contraption

you’re looking at is essentially a hybrid car. The

newest addition to BMW’s Bike Collection

shrewdly integrates a motor and a removable

battery into the aluminium frame that boasts a

range of up to 62 miles on a single charge. The

bike even features four different power modes

starting with Eco (50 per cent boost to pedal

power) all the way to turbo (275 per cent boost

to pedal power). To put it simply, you won’t

break a sweat even while going uphill. The bike

also comes with a headlight, rear LED indicators,

micro USB port and Bluetooth connectivity for

your smartphone because everyone knows you

still need tunes to get pumped.

$4,000 (DHS14,700) AT BMW-ME.COM

Master & Dynamic

MA770

Buben & Zorweg

THE SOLITAIRE VISION WATCH SAFE

We could wax lyrical about this speaker

but we’d rather blow your mind from

the get-go. Master & Dynamic’s 15kg

MA770 is made entirely out of

concrete. Designed by Pritzker

Architecture Prize winner, Sir David

Adjaye, the Wi-Fi and Bluetoothenabled

packs two four-inch woven

Kevlar woofers and a 1.5-inch titanium

tweeter; all obviously custom designed.

Moreover, it even plays nice with

Google Assistant for playlist voice

command. What more do you want

your exclusive speaker to do?

$1,800 (DHS6,700)

AT MASTERDYNAMIC.COM

Watches aren’t cheap. We’re sure you’ve already noticed but just to put things

into perspective, the Piaget Altiplano 900P timepiece we’ve featured this

month would set you back about $38,200. That’s about as much you would

pay as down payment for an Emaar-built three-bedroom apartment at Dubai

Creek Harbour. Given the exorbitant prices, it’s no wonder the German

watch manufacturers want your timepieces safe with its Solitaire Vision Watch

Safe. The stainless steel, precious wood, leather and bulletproof spyglass watch

safe can store up to 46 timepieces which can be automatically wound, if

required. It also provides storage for other accessories like jewellery, cigars and

more. A humidor, bar module and integrated Hi-Fi System are also

included. Even the centrepiece is an ornate word-time tourbillon clock.

PRICE TBA. AVAILABLE AT BUBEN-ZORWEG.COM

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AUTOMOBILE

CREWE’S

MISSILE

We find out if the third-generation

of the Continental GT is Bentley's finest

grand-tourer yet

By Varun Godinho

They called them the Bentley Boys. The motley bunch of

wealthy playboy racers were a rambunctious lot who

lived like rock stars and drove hell for leather each time

they stepped into their modified Bentley racing machines.

They first won the Le Mans in 1924 and then on four

consecutive occasions between 1927 and 1930. These

were the gentlemen that lent Bentley, which was only a

decade old at the time, its earliest identity as a racing

marque which was primed for the privileged.

It was during the Roaring Twenties when the marque’s

founder Walter Owen Bentley, a Bentley Boy himself,

coined the term “Continental”. All of Bentley’s cars were

built in Cricklewood, North London, and a select few

which were taken over to mainland Europe and personally

tested by W.O. received the continental moniker.

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COLLECTOR'S PIECES

The continental series were, therefore, flagship

statements of Bentley’s engineering and design prowess.

Applied to several cars over the decades, each new

launch is a cause for celebration. The latest addition is the

all-new 2018 Bentley Continental GT, unveiled at the

Frankfurt Motor Show.

The Continental GT is built on the Porsche Panamera

(remember parent Volkswagen owns both brands) platform.

But this is no copy-paste job. Bentley says that 83 per cent of

the parts have been modified to build the Continental GT.

As a grand-tourer, speed is a prerequisite and so it stripped

around 75 kilos off the outgoing model.

The two-door model still has space for two rear seats as

well. This one’s good to take the family along. The glass is

acoustic-laminated which means you can keep the noise of

traffic outside, and the beats coming from your Bang &

Olufsen 16-speaker sound system inside. Acousticdeadening

material has been added to the underbody of

the car to reduce the road noise and the Pirelli P Zero tires

have an additional layer of sound-absorbing material too.

The ride quality borrows from the Bentayga SUV. It’s

called the Bentley Dynamic Ride and uses a complex set of

algorithms and clever engineering to continuously adjust

the ride height, shock damping, stiffness and grip of the car

to ensure that it drives like a track-honed machine even

during your daily commute. There are four driving modes:

Comfort, Sport, Custom and Bentley. The first three are

self-explanatory. But the last one, and we suggest you keep

it in this mode always, is one that has been specifically

designed and customised by the Bentley team.

The beating heart of the machine, a twin-turbo W12

was first implanted into the Bentayga. In the Continental

GT, it has been tuned to deliver 626hp of power and

900Nm of torque. That kind of power-torque ratio means

that despite a gross weight of around 2,700 kilos, the car

will sprint from 0-100kph in 3.7 seconds and has a top

speed of 333kph. Just make sure the kids are buckled in

tight before you start teasing the throttle. With that much

power and speed though, expect a brilliant set of brakes

too. You get 420mm brakes upfront – the largest fitted

into any production car that can easily scrub off speed.

One of the most striking physical appearances of the

car are those brilliant crystal glass headlights. The 82 LEDs

in each one has been programmed such that it can split

the beam and direct it away from blinding occupants in

oncoming cars, and it will do the same when overtaking

another car as well.

The interiors are as blue-blooded as you’d expect from

a car that operates at this level of the social pecking order.

There are eight wood veneer options to choose from to

kit your cabin with and the hides of precisely nine

Northern European bulls are used inside each car. The

centre console metal can be finished with a Cote

d’Geneve pattern that is used to design the movements

of high-end timepieces from Patek Philippe to Vacheron

Constantin. In the centre of the dashboard, mounted on a

rotisserie, is a panel that flips to reveal a 12.3-inch

infotainment screen on one side and three analogue dials

on the other that sits flush in the dashboard and can be

alternated with the flick of a switch.

Deliveries of the new car begin early next year. Bentley

has created a luxury touring machine that can go the

distance. To anthropomorphise the new Continental GT,

it’s all grown up now.

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Official Representative for

Bahrain - Kuwait - Oman - Qatar

Saudi Arabia - United Arab Emirates

Mangusta has been the undisputed leader in yachting fun for the past 30 years:

with its strength of character, timeless personal style

and experience in building dreams.

Today, Mangusta is a reference icon, a milestone in yachting fun since 1985,

and now availalbe throughout the GCC, distributed by DG Marine.

Motor City, Control Tower, 13th Floor, Studio 1302, Dubai - UAE

Mobile: +971 50 20 666 11 - Tel: +971 4 450

53

36 39

EQUITY

Email: greg@mangusta.ae - Website: www.mangusta.ae - Instagram: mangustayachts_me


COLLECTOR'S PIECE

SEA VESSEL

A YACHT FOR ALL

WIDER’s latest launch is the vessel you need for your next summer holiday

By Nicola Monteath

WIDER

130'

The launch of WIDER’s latest 130’ piece – the first novel project since the

acquisition of the shipyard in April by Genting Hong Kong Ltd – and sister to the

award winning WIDER 150’ Bartali and WIDER 165 Cecilia, offers a lavish abode

out at sea apt for travel across borders.

Floor-to-ceiling windows in the main saloon, outdoor living areas for al

fresco gatherings in the sky lounge, and a large waterside beach club, allow

sailing out into the sea to become a family and friends’ affair. Currently being

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COLLECTOR'S PIECE

built at the Ancona based shipyard, this yacht features six cabins for 12 guests,

as well as room for up to seven crew – depending on the owner’s requirements.

Since the interiors naturally make up the yacht, while reflecting the owner’s

lifestyle and requirements, owners have the option to work with WIDER, or

alternatively a designer of their choice, to fit out the space with interiors and

décor of their liking. WIDER’s aesthetically pleasing trademark wings on the

upper deck create space for the sky living area, totaling 85 square metres, and

being high enough above the water to offer panoramic views.

All WIDER yachts have additional space created using the diesel-electric

propulsion system. Eco-conscious minds will be glad to learn that the yacht

produces a low carbon footprint and up to 20 per cent less fuel consumption

than a traditional twin screw configuration – this is the quietest way to power

start a vessel. Additionally, at anchor, the yacht operates silently on battery

power for up to six hours, making nights peaceful and days by the coast relaxing.

VISIT WIDER.COM OR EMAIL SALES@WIDER-YACHTS.COM

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GASTRONOMY

WEEKEND DINING

An experience, brunches and a nocturnal hotspot you can’t miss this month

Nocturnal hotspot

Need to know:

Open daily from 6:30pm.

Call +9714 435 5577

1

J&G STEAKHOUSE

THE ST. REGIS DUBAI, AL HABTOOR CITY

First impression, this American steakhouse is apt for date-night or with a bevy of

carnivores. The restaurant’s setting is similar to a speakeasy, with leather

upholstery, dark wooden finishing, ambient lighting, and trolleys for everything

from cocktails to condiments. Ensconced at a corner of the restaurant, our eyes

quickly met with the martini trolley that rolled over to greet us. I opted for a

fruity concoction, while my partner preferred a strong, dirty mix.

Jean-Georges Vongerichten’s menu is concise, with just enough to help you

decide your meal in minutes. For appetisers, try the tender octopus cooked in a

tangy sauce, and truffle fritters – mini crisp batter-fried cheese balls that arrive hot

and oozing with cheese and truffle. The warm brioche-croissant hybrid allows for

butter to be smothered on and melted with perfection – the best freshly baked

bread we’ve ever come across. For mains, my dining partner and I couldn’t resist

the Australian full-blood Wagyu Kiwami MB9 Sirloin, a beautiful 200g piece cooked

medium (to our preferred temperature). Each morsel had the right amount of

meat and marbling, melting instantly. Before the mains arrive, a knife box is

presented for you to choose your piece. After which, a condiment cart comes

around for you to pick your mustard – try the gingerbread that offers a balance of

sweet and pungent notes – the signature J&G sauce (a rich tamarind blend with

assertive flavours) and pepper sauce. You will need sides to complement the meat,

and we highly suggest the carb-loaded, but delightful, truffle mac and cheese with a

crunch coating, and grilled asparagus and lemon zest, for a hint of something green.

End with a glass of smooth, full-bodied 20-year old port and dense chocolate

fondant with a perfect crust and melting chocolate centre.

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GASTRONOMY

2

LAPITA

DUBAI PARKS AND RESORTS

While brunches and staycations might be two very different

activities for many, Lapita at the Dubai Parks and Resorts

offers an amalgamation of the two, calling it a daycation.

Kick off the day with pool access from 9am and when noon

rolls around, and you’ve perfected your tan, make your way

to the extensive buffet. The Polynesian-themed brunch has

re-opened, showcasing a sushi bar that covers all bases with

urumaki, sashimi, nigiri and maki. The oysters are fresh as

ever, and taste as though they were plucked from the ocean

and placed onto your plate. As you make your way through

the indoors buffet area, you’ll notice an assortment of

cheese, Indian vegetarian corner, candy floss station and a

dessert zone offering cookie crumbles, a chocolate fountain,

macarons and several frozen treats.

Out on the lawn is where the live grilling action takes place.

Help yourself to beef, chicken and seafood, as well as regional

specialities that tips its hat to the Indian sub-continent and

Thailand. It’s here where a three-piece band livens up the

venue. At around 3pm, the staff and chefs covered with face

paint, face off against each other performing the haka for

guests. Positioned as a family brunch, there are plenty of

activities for children including a special indoor play area, where

the staff at hand are keen to keep children occupied. There’s also

a separate kid’s buffet section with light nibbles including burgers,

pasta, popcorn and cupcakes. If you aren’t ready to leave, just

grab a float and head back to the pool – just as we did.

Family Brunch

Need to know: Every Friday. The daycation

including soft beverages is Dhs195, with in-house

beverages is Dhs295 and children below the age of 12

are charged Dhs95. Call +971 4810 9421

Indulgent frenzy

3

CAFÉ BELGE

RITZ CARLTON DIFC

Great Gatsby comes to mind when you step into this elegant

Belgian restaurant, with a Twenties vibe prevalent throughout.

The Granch Brunch commences at the sumptuous seafood

station, where you can fill your plates with sushi, freshly

shucked oysters, blinis with caviar and ceviche prepared on

the spot and served in a pineapple. Across the seafood

station, help yourself to eggs cooked to your liking with freshly

baked bread, croissants and quiche. Outdoors, tuck into a

wide selection of comforting dumplings, before biting into

steak with a side of Yorkshire pudding and gravy, and grills

including shrimp, juicy lobster, tender meaty lamb chops and

chicken tandoori. Our favourites were the Turkish chicken

doner, moules (mussels) in white wine sauce, and the fish

and chips – brought to your table in little steel buckets

complete with torn-out newspaper. Thai curries with

chicken and vegetables are also on hand for those who

want to dowse a bowl of steamed rice in spicy goodness.

Walk towards the gin-and-tonic station, and you will notice

a foie gras stand and cheese section - try the comte, truffle

cheese and brie with crackers. Don’t be surprised when you

see yourself in another room all together, the dessert station.

A sweet aroma fills the air, and you are surrounded by

desserts, cakes and puddings in all four corners. We absolutely

loved tucking into warm berry cobbler with custard, the

classic Opera cake slices, mango pudding, donut from a stand,

and ras malai from the decadent Indian treats. Make sure you

pace yourself, as there’s a lot of ground to cover here.

Need to know:

The brunch takes place from 12:30pm, priced from

Dhs295 for the soft drinks package, to Dhs595

including champagne. Call +971 4 372 2323.

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GASTRONOMY

One-of-a-kind

4

THE EXPERIENCE BY REIFOTHMAN

THE H HOTEL

We may sound a little biased saying this, but Play is hands-down amongst our

top five restaurants in town. When we heard of The Experience, an intimate

dinner with chef Reif Othman in a homely, cosy setting, with a menu based

upon whatever he feels like creating – much like our home dinner scenarios –

we knew we had to try it. The Experience is sited just above the restaurant and

truly does feel like you’ve entered an apartment, with stained wallpaper, large

lighting structures, comfortable armchairs, sweeping views of old Dubai, and an

open kitchen and dining seating arrangement. We sat with a lovely French

couple, making it seem as though we were invited to chef Othman's house for

a dinner party.

The evening began with freshly baked bread and amuse bouche followed

by Wagyu steak with a generous spread of anchovy paste and shiso cress.

We aren’t the biggest fans of anchovy, however this tasted a lot like tuna

and was quite flavour-packed. Up next, was Wagyu belly, followed by a

fresh piece of himachi sashimi. Other dishes featured a succulent piece of

meat – of course, the highest grade possible – and a single serving of ravioli

with an asbolutely tantalising sauce to complement. Desert was a tangy

passion fruit delight, ending on a light citrus note. Dining here is definintely

unlike your run-off-the-mill experience. Here, the ingredients steal the

limelight, with chef Othman sourcing only the best, playing around with

produce and dishes in the kitchen to curate a beautiful meal. As we rested

back and took a deep breath, chef Othman handed us each a goodie bag

filled with a chilli condiment and Zwilling J.A. Henckels products – a nice

parting gift.

Need to know:

To reserve a table,

call +971 4 336 4444

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TRAVEL

A HOME AWAY

FROM HOME

You want to get away from the humdrum of the city. However, in complete

privacy and with a homely setting that offers all the facilities of a lavish stay.

What do you do? Visit these celebrity-loved residences of course

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A

well-rested getaway

doesn’t necessarily have

to be in a formal or

corporate environment.

High-thread-count sheets, fluffy robes

and butler services are available at

residences too. Here, we look at two

trending escapes in Asia.

FOREST HILLS, TALA

There isn’t much to say about the

quaint village of Taraste in Tala, the

Raigad district in Maharashtra, India.

Perhaps that is the village’s greatest

quality. Located about 72 kilometres

from Mumbai’s Chhatrapati Shivaji

International Airport, the village isn’t

well-known or nearly as crowded. Of

late, however, the village has seen a

spike in the number of visiting

UHNWIs. And there’s only one reason

it can be attributed to, the luxurious

eco-friendly resort: Forest Hills, Tala.

Perched on the edge of a plateau

adjacent to a hill slope, the 160-acre

treetop property is surrounded by

lush green forests and a meandering

river and is about three kilometres

away from the Kuda caves - the

twenty-six caves that were excavated

in first century B.C were home to

Buddhist monks. That’s not why the

resort is attracting its distinct clientele

though, that has more to do with the

resort’s exclusivity.

The getaway only allows for nine

accommodation options, with a

maximum of four people for each.

These are split between opulent and

carefully designed cottages and

treehouses. The pick of the bunch is

the Glass House – a treehouse

enclosed by glass and wood. Built on

two levels, interconnected by a spiral

staircase, the 2,000 sq ft treehouse

offers unobstructed, panoramic views

of the surrounding mountains on one

side and the dense forest and valley on

the other. Each of the two levels come

with a private balcony and a cosy sit

out. The composition of partly white,

partly reflective and transparent

surfaces within a wooden framework

animate and lighten up the space. The

design elements question conventional

definitions of exterior and interior

while reinterpreting notions of privacy

and exposure.

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Need to know:

From $550 per night at the Glass

House. For more information

visit foresthillstala.com

The other accommodation options

include the Blue Butterfly – a 2,000 sq. ft.

villa that features quirky design elements

and an impressive array of artwork, the

Pink Parrot – that features relatively

vibrant interiors, the Woodpecker – an

800 sq. ft. cottage made entirely out of

wood, the Camel House – an 800 sq. ft.

house featuring a private garden, rear

lawn and a glass-bathroom overlooking

the stars, the Tree Hopper – a 1,200 sq.

ft. cottage built on wooden stilts

overlooking the valley, the Tree Hugger

– a 400 sq. ft. treehouse featuring a

private balcony, and the Mud Hut built

completely out of eco-friendly

biodegradable material.

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Need to know:

From $4,410 per night,

visit amillabeachvillaresidences.com

AMILLA FUSHI'S BEACH

RESIDENCES, VILLAS AND

ESTATES

Maldives never disappoints. And if

Leonardo DiCaprio is a fan – he

stayed here in July for the 1OAK

pop-up party – then so are we. The

array of extravagant hotels, culinary

offerings, white sandy beach, and

element of privacy in Maldives, is

comparable to no other archipelago.

With this in mind, Amilla Fushi's Beach

Villa Residences capture the

essence of island-living,

welcoming guests to a

picturesque paradise with

secluded and chic residential

options. Sited over the

shimmering waters, and amongst

lush treetops, the multi-bedroom

accommodation poses as an

advantage for large families, bevy

of friends and UHNWIs looking

for a unique setting to unwind.

Comprised of eight residences,

it features six four-bedroom villas,

one six-bedroom estate (The

Amilla Villa Estate), and one eightbedroom

residence (The Great Beach

Villa). Each and every whim is catered

for by a private butler, gourmet chef,

and a katheeb (house-master), who are

on call for everything from a special

request for breakfast, to drawing you a

soothing bath or booking an excursion.

Most villas boast a private swimming

pool, just steps away from the pristine

sandy beach. The Great Beach Villa

Residence, however, sets itself apart

with a 20-metre lagoon pool, complete

with a beachside hammock for a siesta

and afternoon read. While the adults

snooze and/or explore marine life –

Manta Rays, Guitar Shark and

Hawksbill turtles can be spotted

nearby – children can be placed in

expert hands, with babysitters, or

head to Sultan’s Village Kids Club to

keep entertained with a selection of

books, DVDs, PlayStation, and board

games.

The one element that makes a

house, a home, is a fully-equipped

kitchen. Here, the pantry is stocked to

your liking and you can order anything

you desire from the two extensive

Providore (grocery) lists. Premium

meats, cheese and gourmet items are

available to cook up a hearty meal for

family and friends. When you’re

starting to feel peckish, opt for the

quintessentially British tradition of

afternoon tea, or pre-dinner cocktail

snacks. If you do want to head out for

a bite, dine at Bazaar, a casual eatery

showcasing delectable Japanese

Izakaya dining with a Latin dash. For

beverages and nibbles, The Emperor

Beach Club and the Wine Shop &

Cellar Door don’t disappoint, with an

extensive wine list, charcuterie and

cheese assortment to impress.

Once every activity has been ticked

off your list, visit Javvu Spa, a sanctuary

featuring ocean-front sauna and steam

rooms, and the Bodyism programme,

which nourishes, transforms and heals

your body from inside and out.

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TRAVEL TALES

JETSETTER JOURNEYS

Explore the latest in experiences, tours and culinary breaks

PARADISE FOR TWO

Babymoon packages are

on the rise, with couples

flocking to a romantic

destination for a quick

getaway, before the

arrival of their little one.

And where better to

celebrate than in Paris?

Mandarin Oriental, Paris

has launched the ultimate

Babymoon Spa Break, including accommodation,

couple’s spa treatments, breakfast for two,

aqua-gym lesson and a bottle of Skinhaptic

massage oil to ease tension in the muscles and

make this sojourn as relaxing as possible.

From Dhs5,700 per night,

visit mandarinoriental.com

NATURE-LED VACATION

Activity and greenery enthusiasts will enjoy a stay at the

Giardino Ascona in Ticino, Switzerland, that has recently

welcomed its Power Guide (Activities Concierge). The

local expert will train, guide and coach guests on the

journey and sporting adventures they choose to set off on.

The programme is applicable to all age groups, with

activities including golf, hiking, biking, paragliding, Nordic

walking and boat trips.

giardino-ascona.ch

SPA ESCAPE

On your next visit to Turkey, stop by Caresse, Bodrum for

an afternoon well spent at Spa Caresse – recently named

the top Luxury Destination Spa at the World Luxury Spa &

Restaurant Awards 2017. The sea-facing spa is often

reserved for private parties, renowned treatments such as

Shirodhara (an Ayurveda treatment) and Caresse Rose

Experience, which begins with a scrub, followed by a rose

soap foam massage, mud body mask, rose hair cleanse and

soothing rose ice ritual. Which one will you pick?

caresse.com

STATEMENT BUY

Need a new suitcase? Look no further than the first,

and only, hard-sided suitcase collection in the world

with CX expansion-compression technology. It allows

for up to 25 per cent more packing space and can be

pressed down, once closed, to its original size. If you’re

convinced, the new Caramel & Cream Sympatico

collection is a stylish one to choose from, with three

sizes: carry-on, medium and large, and matching bag

styles – shopping tote, weekender and backpack.

The carry-on suitcase is available from Dhs2,093

at johnlewis.com, Selfridges.com and Harrods

63

EQUITY


THE FAIRWAY

HIT the LINKS

Discover Al Hamra Golf Club nestled in the Northern emirate of Ras Al Khaimah

A

quick 55-minute drive from Dubai takes you

away from the hustle and bustle to the peace

and tranquility of the northernmost of the

UAE’s seven Emirates, Ras Al Khaimah. The Al

Hamra Village development includes a golf course, marina,

residential complex, retail outlets and five-star hotel,

Hilton Al Hamra Beach & Golf Resort.

Al Hamra Golf Club, designed by Swiss architect Peter

Harradine, takes many of its design features from

traditional links’ courses, meandering around four interconnected

open water lagoons merging seamlessly with

the water of the Arabian Gulf. The Arabian Gulf comes

into play on the majority of the 18 holes. The Par 72

Championship course lends itself perfectly to all levels of

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THE FAIRWAY

players, providing the fledgling novices and

accomplished players with an entertaining and

interesting challenge. There are five varying tee options

on each hole, so you can enjoy a round of golf no

matter your experience level. In order to beat the heat

or the region's short daylight hours, a must try for any

golfing enthusiast is night golf with holes one to seven,

17 and 18; making up a composite floodlit course to be

played after sundown.

The nine hole par 3 Academy course with holes

ranging from 60 yards to 110, features a salt-water lake

designed to test even the novice golfer's nerve. With

its standalone clubhouse, it offers any level of golfer

the perfect place to hone their skills from the extensive

driving range, short-game area and floodlit course. Of

the two golf courses in Ras Al Khaimah, this one is

more expensive, but it's also incredibly maintained.

Make sure to pack plenty of balls, as wayward shots will

be punished.

The two holes that are a must are the 10th and 18th

hole. Hole 10 is the start of Al Hamra’s very own Amen

Corner. A long par 4 normally played into the prevailing

wind. A well-struck drive is required to either enable

the approach to the green in two or setup a positional

shot for the green in three. A huge bunker protects the

front and right sides. This hole truly deserves its stroke

index of one. Hole 18m, on the other hand, needs you

to bring your A-game. This intimidating par 5 is not

only elongated in length, but with the lagoon bordering

the entire hole down the right, is a slicer’s nightmare.

The large three-tiered green is surrounded by bunkers

and will be a welcomed sight once the lagoon, wind

and fairway bunkers have been challenged.

Golf is not the only thing on offer, however, with its

two modern clubhouses entailing a golf academy,

gymnasium, fully-stocked golf shop and a range of

dining options including Pesto (modern Italian eatery),

The Bay Sports bar – considered by many as the 19th

hole – Belgian Beer Café and Maison Mathis.

Those who want to try something a little different,

the club has recently launched foot-golf. Played on the

par 3 academy course, the aim is to kick the football

into oversized holes, around the course, providing fun

for family and friends or even corporate gatherings.

WINTER RATES

October1 - December 31 2017

Championship Course

PEAK RATE

(Friday, Saturday & Public Holidays)

18 Holes

9 Holes

GUEST Dhs695

UAE RESIDENT Dhs590

ACADEMY PAR 3 COURSE

Adult (1 round) Dhs100

FOOT GOLF

Adult (1 round)

Dhs60

KID (1 ROUND) 12 -18

Dhs50

65

EQUITY


Wealth has its challenges.

We will help you protect,

grow and pass it on.

Experts in advising the

wealthy located in

Abu Dhabi, Dubai,

London and 10 other

offices around the globe.

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Partner, Private Client

London

E: murray.north@blplaw.com

T: +44 (0)20 3400 4545

Ibrahim Elsadig

Partner, Head of Corporate (UAE)

Dubai

E: ibrahim.elsadig@blplaw.com

T: +971 (0)4 511 9718

www.blplaw.com


HOTEL REVIEW

The Hilton brand is known worldwide and, as

such, brings with it a level of expectation.

Hilton Al Hamra Beach & Golf Resort, is sited

between the Al Hajar Mountains and Ras Al

Khaimah’s seafront. The family-friendly resort flanks a 500

-metre sandy beach, where you can indulge in water

activities or bask in the sun.

The property comprises two swimming pools, landscaped

gardens, and plenty of sun loungers, with the resort being a

low-level building. Stylish and well-equipped rooms invite

you to relax after an active day either spent golfing (read

about it on page 64), indulging in the wide range of

watersport activities, or spent shopping in one of the

nearby malls. All rooms are en suite with a neutral grey

tone, crisp white sheets on plush beds, and hints of sea

tones that lend an airy vibe.

STAY

OF

THE

MONTH

Escape to Hilton Al Hamra Beach

& Golf Resort for a restful stay

coupled with a round of golf

67

EQUITY


HOTEL REVIEW

Need to know:

The suites are available

from Dhs500+ going up

to the Presidential Suite,

being the highest in the

category at Dhs2,500++

Visit hilton.com

When it’s time to unwind, the Fitness by Hilton, Al

Hamra Spa, is the place to flock to. Therapeutic

treatments and reflexology ease away stress, prepping

you for a relaxing stay ahead.

DINE

Gastronomic options are designed with guest

satisfaction in mind. The day begins with a hearty

breakfast at Al Shamal, inspired by the local Middle

Eastern street markets, almost mimicking a souq. Grab

a plate and top it up with waffles, eggs made-to-order,

fresh fruit and pastries.

From business brunches to pre-dinner drinks and

everything in between, the options at Hilton cater to

all palates. Head to the Lobby Lounge for your dose of

caffeine, Le Chalet for the beachside eatery, Al Jazeera

for Lebanese food and shisha by the oceanfront, or

Trader Vic’s Mai Tai Lounge for Polynesian flavours.

We dined at the latter, relishing lamb cutlets, dim sum,

prawns and pies for dinner, accompanied by creative

cocktails. British pub, Scirocco, is worth a visit too.

British grub is on the menu, with fish and chips, and

bangers and mash being the highlights. Live music sets

the tone for the evening, making it an entertaining

nightcap venue.

GET ACTIVE

Whether you are conducting business, keeping up with

a fitness routine or looking to spend quality time with

your family, this resort is here to make the most of

your stay by offering the services you need, the

amenities you expect, and the extras you deserve

Apart from adventurous water activities including

snorkelling and scuba diving, on-site options include a

state-of-the art gym, and a Peter Harradine-designed

18-hole championship golf course, merely 100 metres

away from the hotel.

68

EQUITY


69

EQUITY


REAL ESTATE

SUITE

LIFE

Campbell Gray Hotels makes

its entrance into Jordan with

residences worth calling home

By Nicola Monteath

If you find yourself heading down to

Jordan more often than you can imagine

– it has become quite the hub for

technology, startups, and long-weekend

getaways – the launch of this property

development is perhaps an investment

worth considering. Campbell Gray

Hotel is at the helm of this mixed

development and encompasses a

reputation that precedes itself. The

owner-operator and international hotel

management company focuses on

luxury hotels and residences, with a foot

in key markets across Europe and the

Middle East. And where better to set up

luxury residences than a trending

hotspot such as Amman? Jordan has

long been the destination of choice,

especially for those living in the GCC,

due to its proximity.

Campbell Gray Living Amman

residences showcases luxury homes

with a hotel-style touch. The region’s

70

EQUITY


REAL ESTATE

most sophisticated development

offers one- two- and three-bedroom

apartments ideal for couples and

families. Rich hardwood oak is

prevalent throughout the open-plan

living, kitchen and dining areas, and

apartments are available either semior

fully-furnished, with bespoke pieces

from internationally established

interior architecture and design firm,

Martin Brundnizki Design Studio.

Those who enjoy whiling away with

a book will love the built-in solid oak

library in the living room. On the

other hand, gadget lovers can make

use of Lutron’s smart home

automation system that controls

everything at the touch of a button.

The bedrooms are in a league of its

own, with bespoke Hermès and silk

wallpaper that adorn the walls,

exuding elegance the minute you

step in. Duravit washbasins,

Dornbracht taps, and cast-stone

flooring accompany bespoke ceramic

tiles in the bathrooms.

Art plays an integral role within the

interiors of a development, and here,

works of renowned artists such as

Huw Williams, can be spotted

alongside pieces from local artists.

Since Jordan experiences lows of

around eight degrees during winter,

with average highs of around 25

degrees in July (their hottest month

of the year), al fresco gatherings can

be hosted throughout the year. The

rooftop area comprises of a heated

infinity-edge pool, private cabanas,

teak loungers, fire-pits and a jacuzzi,

resembling hotels and resorts

worldwide. Couples and families can

enjoy a restful opulent stay in

Amman, while enjoying the best the

city has to offer.

Visit campbellgrayliving.com

for more information

71

EQUITY


ENTREPRENEUR

WHAT DOES INVESTING

IN YOURSELF MEAN

TO YOU?

Spending time and money

pursuing interests that will

improve your quality of life,

whether it’s upskilling yourself

professionally or taking a class

that will help you appreciate the

things you enjoy even more.

MOST RECENT PURCHASE

I splurged at Le Clos yesterday

on a magnum of Pol Roger

champagne, a magnum of

Bordeaux from Chateau

Potensac and a bottle of Domain

J.A. Ferret Pouilly-Fuisse.

ONE THING MOST

PEOPLE DON’T KNOW

I have Ojibway heritage

and a forklift operating license.

THE BEST GRAPE REGION?

That’s like asking a mother to tell

which of her kids is her favourite.

I try to drink different wines all

the time to keep my palate

sharp, but my preferred regions

are the ones that I have been to,

and have special memories of. I

love Central Otago, New

Zealand, where I lived for about

six months snowboarding,

working in a lakeside fine-dining

restaurant, knocking back great

Pinot Noir and refreshing white

wines, and staring at some of the

most picturesque landscapes I’ve

ever seen. I also love Margaret

River where I lived working in a

cellar door and in a few

restaurants. I spent my free time

cellar door hopping, jogging

enjoying seeing kangaroos (and

gorgeous surfer guys) in their

natural habitat.

GET TO KNOW…

LINDSAY

TRIVERS

Founder of

The Tasting Class

(TheTastingClass.com)

MORNING ROUTINE

I get up with my ‘baby alarm’ around 6am, check

social media, make a coffee and hang out with

my daughter for a few hours before getting

ready for work.

TYPICAL WORK DAY

Never the same! Some days are filled with

coordinating tastings for private clients and

public tastings, and those have been frequent

recently, as I’ve become an approved

provider of WSET (Wine & Spirit Education

Trust) courses and qualifications. Some days

are spent meeting with various partners,

whether that’s venues that want to host our

tastings or brands that want to collaborate

with us. On the day of a tasting, I will brush up

on the lesson I will deliver, follow up with

RSVPs, pack up whatever aids are needed,

head to the venue early to set up, teach a

wine lesson and schmooze.

HOW DID YOU GET HERE?

I have pretty much always worked in wine or

hospitality. Prior to launching The Tasting

Class I was a beer sommelier at a high-end

Belgian restaurant in Dubai, and before that I

worked at Decanter magazine helping them

run the world’s largest wine competition.

BEST PIECE OF ADVICE

Find something

you love doing and

you’ll never work a

day in your life

THE BEST DHS1,000 YOU

HAVE EVER SPENT?

It was probably a contribution to

the airline ticket from my home

in Ontario, Canada, to Banff,

Alberta, Canada, which is where

I started learning about wine,

and where I met my husband.

TRAVEL FOR A MEAL…

Years ago, my husband and I

booked a round the world

ticket. While in Mendoza,

Argentina, I was introduced to a

black sausage called morcilla.

Don’t Google what it’s made

from, just eat it if you ever get

the chance. I’ve struggled to

find it since leaving, so if I got

the chance, I would head back

to the winery I used to work at

there, and tuck into a full Asado

between the vines – like old

times – with lots of morcilla and

Malbec. I arrived in Argentina in

skinny jeans and left in stretchy

pants – I regret nothing.

DUBAI HOTSPOTS

Call me biased but the best one

is definitely the Wine and Cheese

Pairing Class that Jones The

Grocer, Dusit Thani, runs with

The Tasting Class every month.

High quality cheese, classic wine

styles perfectly matched and a

lesson on what’s so special about

both the wine and the cheese.

FooDiva (Samantha Wood)

keeps us up to date with the

latest and greatest places to enjoy

fine-dining when we accompany

her as the resident sommelier on

the Dine Around Dubai Dinner

Experiences she runs. Peyote and

Zahira are two of the latest greats

I’ve enjoyed immensely. A classic

go-to that I can always count

on for consistent quality and a

welcoming, buzzy atmosphere

is BOCA.

72

EQUITY


TO BREAK THE RULES,

YOU MUST FIRST MASTER

THEM.

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UNYIELDING ENVIRONMENT; AND SINCE 1875 THE

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YET DRIVEN TO MASTER ITS MYSTERIES THROUGH

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TODAY THIS PIONEERING SPIRIT INSPIRES US TO

CONSTANTLY CHALLENGE THE CONVENTIONS OF

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73

EQUITY


Dubai’s only high-end real estate and interior design company,

setting extraordinary records in the marketing, designing and

selling of the most important residential properties.

Office 804-806, Arenco Tower, Dubai Media City | 04 432 79 72 | www.luxhabitat.ae

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