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ABU DHABI COLLECTOR’S EDITION
DANTE INTERNATIONAL LIFE WEALTH NETWORK PRESENTS
The Art of Gold ABU DHABI COLLECTOR’S EDITION
Ambitious Abu Dhabi / Marvellous Morocco Oman Odyssey / Gold vs Silver / Angel of Mercy / Gifts as individual as you / The future of Space
Haute Joaillerie ColleCtion exclusively available at Chopard Boutiques
International Life Magazine Abu Dhabi
GOLD EDITION International Life Magazine, the London based luxury quarterly brings you its first Abu Dhabi edition. We present the critically acclaimed Swiss Artist, Dante Rubli, whose solid gold interpretations of iconic cars are gracing the Emirates Palace Hotel from the 11th - 16th December. Our exclusive Dante exhibition guide includes a fascinating pictorial biography of the artist and showcases his collection with a series of glorious full page photographs. This special issue is also dedicated to exploring the emergence of Abu Dhabi as a global player, from its dynamic business arena to its relaxed lifestyle, rich culture, world famous hospitality and leisure pursuits. We also look at the fantastic holiday destinations further afield in the rich and diverse Arab nations of Morocco and Oman. And we just had to include some celebrity shots from the London première of the new James Bond film, ‘Skyfall’. Enjoy.
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PRESENTSWONDERROOM
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ilife contents
Abu Dhabi. Winter 12/13 international investment luxury entrepreneur business wealth
INTERNATIONAL LIFE WEALTH NETWORK
FEATURES
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HIGH FLYING FASHION: Is there life on Mars? Yves de Contades captures fabulous fashion creations that are absolutely out of this world
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AMBITIOUS ABU DHABI: Mariah Lawrence examines the Emirati’s desire to be a global player and the opportunities this presents for business
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GOLD VS SILVER: Commodities expert Nik Kalsi compares the shiny stuff and concludes that two is better than one when it comes to investment
GALLERIES
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MARVELLOUS MOROCCO: Comfort and culture in Casablanca, riches and refinement in Rabat. International Life jets off to Morocco to luxuriate in its finest hotels, spas and restaurants
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CLASSIC CAR INVESTMENT: This fascinating sector is a minefield for many, but what if you were presented with a winning formula to assess the value of your purchase? International Life takes a closer look
BEST OF ABU DHABI: From high powered watersports, International Tennis, Golf and Polo to World Summits on renewable energy. There’s even a showcase of the finest Watches & Jewellery and Gourmet cuisine DESIGNER GIFT GALLERY: A dynamic and daring selection of goodies from the opulent and ostentatious to the unique and quirky - you decide
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below from top: Eternal. The everlasting value of Gold and Silver Timeless. The waters of Oman Modern Chic. Wardrobe from emporiumofwonders.com
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FILM: Daniel Craig, Ralph Fiennes and Javier Bardem looking suitably suave at the London premiere of the critically acclaimed new Bond film ‘Skyfall’ FUTUROLOGY: International Life looks at the future of space travel and the private sector money that is driving innovation and the first passenger space flights INTERNATIONAL PROPERTY: Prime London property experts, Beauchamp Estates tell us why the capital is a popular choice with wealthy Middle Eastern buyers INTERIORS: Fantasy furniture. Classical designs given a modern twist by some of the finest European craftsmen. Presented by www.emporiumofwonders.com TRAVEL: Yves de Contades finds pure escapism in Oman from the dhows on the Arabian sea to the volcanic mountains and natural beauty of the wilderness YACHTS: 200 stunning stylish yachts on Lake Iseo, Italy, for Riva’s 170th anniversary and Carlo Riva’s 90th birthday FINE DINING: Iqbal Wahhab explains why discerning Middle Eastern diners patronise Tamarind in Mayfair and China Tang at The Dorchester BEAUTY: Levanah Reyes-Wainwright finds ways to emulate Arabian Beauty including smoky eyes and ageless skin
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DANTE IN ABU DHABI: Swiss maestro Dante Rubli showcases his super cool, gold iconic car series at the Emirates Palace Hotel to some of the wealthiest and most influential people on earth. International Life previews Dante’s work and introduces a week of captivating events from the 11th-16th of December 2012
Phoenix 1000 The state-of-the-art build of the Phoenix 1000 luxury submarine allows you to explore the depths of the world’s oceans in perfect comfort and safety • Spacious interior in excess of 5000 sq ft. • As luxurious as the finest motor yachts • Generous viewports • A formidable 213 ft in overall length Bespoke build. Price determined by customer specification. Guide price from: $90 million
All enquiries: PRESENTSWONDERROOM sales@emporiumofwonders.com
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Ultimate Underwater luxury
masthead International Life Wealth Network media platforms: quarterly magazine / events / website / e-newsletter / social media / video / e-commerce
Abu Dhabi. Winter 2012/3
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Publishers Managing Director: Yves de Contades yves@internationallife.tv www.twitter.com/ilifeluxury Managing Director: Peter Doherty peter@internationallife.tv www.twitter.com/luxurybrand
Editorial team Editorial Director: Peter Doherty peter@internationallife.tv Editor-in-Chief: Yves de Contades yves@internationallife.tv Martin Guttridge-Hewitt editorial@internationallife.tv Advertising Sales: 020 7558 8690 sales@internationallife.tv m 07957 246 845 m 07939 285 296 Editorial Specialists Business: Maisha Frost Investment: Nik Kalsi Wine Investment: Giles Smith Walker Events: Adam Hodgson Luxury Brands/Property: Peter Doherty Travel/Yachts/Tech: Yves de Contades Film: Martin Guttridge-Hewitt Food & Drink/Travel: Iqbal Wahhab OBE Food & Drink/Scent: Levanah Reyes-Wainwright Psychology: Dr Cecilia d’Felice India: Priyadarshini Kohli Beauty: Geraldine Shaker Classic Car investment: Dietrich Hatlapa Cars: Rob Scorah Cars: Timothy Stevens Fashion Photography: Yves de Contades Fashion Stylist: Sara Darling Hair & Make-up: Jennie Lam Make up: Jutheanne Cruz Hair: Leanne White Film Photography: Bernd Talasch
Front cover: Dante’s gold interpretation of the Ferrari 250 GTO
To subscribe or purchase the magazine visit: www.emporiumofwonders.com/store/art/magazines International Life is published quarterly by International Life Magazine Ltd., 35 Morland House, Marsham St, London SW1P 4JH. Registered Company No: 06532821. Telephone: 020 7558 8690. Nothing in this magazine may be reproduced in whole or in part without the written permission of the publishers. Transparencies and other material submitted for publication are sent at the owner’s risk and, while every care is taken, neither International Life Magazine Ltd, nor their agents accept any liability for loss or damage. Although International Life Magazine Ltd has endeavoured to ensure that all information inside the magazine is correct, prices and details may be subject to change. Opinions expressed are those of the contributors. Always seek independent advice before making any investment which is at your own risk. For back issues: email subscriptions@internationallife.tv for details.
Best of Abu Dhabi Dec 2012 - March 2013
International Life brings you the most exciting, creative and thought-provoking selection of World class events, summits, sports and exhibitions in Abu Dhabi.
Abu Dhabi International Motor Show (ADIMS) The Abu Dhabi International Motor Show will feature the latest and best vehicles from around the world. With all the big names in passenger cars and automobile accessories being present. Date: Dec 19-23
Mubadala World Tennis Championship 2012 Six of the world’s top ten players are competing for the ‘winner takes all’ US $250,000 prize at the Abu Dhabi International Tennis Complex, Zayed Sports City. Latest Grand Slam winner and world number 3, Andy Murray, is joined by defending champion and world number 2, Novak Djokovic, Rafael Nadal, David Ferrer, Tomas Berdych, while world number 9, Serbia superstar Janko Tipsarevic will debut. Date: Dec 27-2
The World Future Energy Summit 2013 The 6th annual gathering of future energy’s world leaders will be home to brilliant minds and inspiring thinkers for 3 days of expert debate and world class
innovation in the heart of Abu Dhabi. Now, as the centerpiece of Abu Dhabi Sustainability Week, WFES 2013 will work seamlessly with a string of other global conferences in sustainability, renewable energy and cleantech, including the inaugural International Water Summit and IRENA to create an unrivalled global hub of expertise and connections. WFES 2012 Opening Ceremony speakers included the Premier of China and the Prime Minister of Korea as well as the President of the United Nations General Assembly and the Secretary
Nahyan Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. Date: Jan 15-17
General of the United Nations. Heads of State and Heads of Government have used WFES as a unique global platform from which to launch initiatives, announce investment, make policy statements and deliver targeted media messages designed to raise awareness and increase business. Under the Patronage of H.H. General Sheikh Mohammed bin Zayed Al
water and wastewater challenges facing arid regions. The UAE provides a strong example of the interconnection of energy and water in water-scarce regions. More than 70% of the nation’s overall water production and processing costs results from the energy required to desalinate, transport, store, forward and distribute water, demonstrating the pressing need for >>
Abu Dhabi International Water Summit 2013 There’s a new oasis in the desert! As a natural extension of the UAE’s commitment to sustainability, the first International Water Summit will be colocated with next year’s World Future Energy Summit in Abu Dhabi - bringing together policymakers, scientists and business leaders to tackle the urgent
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best of Abu Dhabi
Moroccan property and culture. This will serve as a platform for institutional exchanges and a forum for investments between the Kingdom of Morocco and the United Arab Emirates. Abu Dhabi National Exhibitions Company (ADNEC) will host the first edition of SMAP Expo Abu Dhabi 2013. Date: Jan 24-26
>> creative approaches to water management. Leaders, business executives and experts will gather from around the globe in a collaborative effort to address world challenges, including energy and resource security. The nexus between water and energy is something world leaders are increasingly moving to the top of their agendas. Date: Jan 15-17
Please note: There is no visitor access to NAVDEX or IDEX on Sunday 17th February as this is restricted to invited guests and exhibitors only. Date: Feb 17-21
Abu Dhabi HSBC Golf Championship The ‘Giants of Golf’ return to the capital! Watch the world’s best players Image: Hassan II Mosque, Casablanca
Gourmet Abu Dhabi Enjoy a masterful collection of culinary arts, at Abu Dhabi’s finest dining venues. Gourmet Abu Dhabi - the annual culinary festival featuring a masterful collection of the world’s leading master
at Abu Dhabi Golf Club. Join the off course action at the Championship Village, featuring a fantastic range of attractions, prizes, games, competitions, live performances and family friendly fun. The HSBC Interactive Zone lets visitors test and hone their swing and putting techniques, while non-golfers can spend time in the creative area. Date: Jan 17-20
SMAP Moroccan real estate and lifestyle event 2013 Moroccan real estate and lifestyle are pillars of investments between the Kingdom of Morocco and the United Arab Emirates. For the first time, Abu Dhabi will host a space dedicated to
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IDEX is the only international defence exhibition and conference in the MENA region demonstrating the latest technology across land, sea and air sectors of defence. It is a unique platform to establish and strengthen relationships with government departments, businesses and armed forces throughout the region. IDEX is held under the patronage of His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the UAE and Supreme Commander of the UAE Armed Forces. And is organised by the Abu Dhabi National Exhibitions Company (ADNEC) in association, with the full support of the UAE Armed Forces. Abu Dhabi National Exhibition Centre Open to trade visitors from Mon 18th -Thurs 21st February 2013.
chefs - will return to the UAE capital from 5 -20 February 2013. Date: Feb 5-20
International Defence Exhibition and Conference 2013 The International Defence Exhibition and Conference, IDEX, is the most strategically important tri-service defence exhibition in the world.
The International Jewellery & Watch Show The International Jewellery & Watch Show Abu Dhabi (JWS) is an exclusive and high-end jewellery and watch event. Through its showcase of the world’s leading brands in the world’s richest city, Abu Dhabi, the event attracts elite retailers and distributors. JWS is a unique exhibition with an extensive showcase of exquisite jewellery and timepieces from all over the world, and is aimed at the region’s most affluent consumers. Exhibitors represented at the recently concluded JWS 2012 came from Brazil, Greece, Hong Kong, India, Italy, Japan, Jordan, Lebanon, Saudi Arabia, Singapore, South Africa, Switzerland, Turkey, United Arab Emirates, United Kingdom and United States. Date: Mar 14-18
best of Abu Dhabi
British Polo Day From royalty to rap artists, executives to entrepreneurs, millionaires to models, British Polo Days host an eclectic mix of guests of all nationalities who come to the day for a variety of different reasons but who all leave having made new friends in luxurious surroundings against a backdrop of exhilarating sport. British Polo Day also works with the top British Brands to export a slice of Britain and give guests the full British luxury experience from Coutts Private Bank, Land Rover, Bentley, Barbour, Hackett, Hunter, Ettinger, to
and is recognised as one of the most prestigious clubs of its kind in the world. Ghantoot Racing & Polo Club sprung up around the vision of the late President, His Highness Sheikh Zayed Bin Sultan Al Nahyan and is today run under the patronage of his son, His Highness Sheikh Falah Bin Zayed Al Nayhan. Conveniently located just 40 minutes from Abu Dhabi city centre and 15 minutes from Dubai Marina, Ghantoot Racing & Polo Club often throws open its gates, inviting members of the public to enjoy polo tournaments, sporting events, music concerts and other festive
and are piloted by one or two drivers. The 28 ft. boats are built of wood and modern composites such as fibreglass are prohibited. Date: Feb 8
2013 Abu Dhabi International Triathlon The 2013 Triathlon is over three distances. The 223 kms main ‘long course’ boasts a gruelling 3km swim, a 200km cycle and 20km closing run. The ‘short’ course, at half the length, has a 1.5km swim, a 100km cycle and
a 10 km run, while the sprint course which can be run as a team relay - has a 750m swim, a 50km bike and 5km run. Date: Mar 2
UIM WPPA X-CAT World Powerboat Series - (Heat 2)
the Intercontinental Park Lane. A British Polo Day therefore encapsulates the history, heritage and tradition of the game of polo. It combines the traditions of Wimbledon, the exhilaration of Royal Ascot and the all day-experience of Lords with the world’s oldest sport in a quintessentially British day. Ghantoot Racing & Polo Club Set in 300 hectares of perfectly manicured grassland, Ghantoot Racing & Polo Club offers an oasis of calm and tranquility amid the hustle and bustle of desert life. The UAE’s only Royal club boasts world-class polo and equestrian facilities
activities hosted at the club. Date: April 1
UAE Wooden Powerboat Championship The UAE Wooden powerboat championship was created in order to preserve the rich heritage of the forefathers of the UAE and to show the world about sports that relate to the UAE people with their centuries old marine traditions. Rapidly growing in popularity the UAE wooden powerboat championship now has up to 20 boats competing. All participants are from countries in the Gulf GCC region. Wooden powerboats are locally known as ‘Al Shawaheef’
The spectacular sport of X-Cat (Extreme Catamaran) offshore powerboat racing is divided into many heats between Abu Dhabi, Dubai and Fujairah. The Podium and the seating stage is set at the end of the break water beside the UAE Flag place. The Abu Dhabi rounds are usually run around LuLu Island. It’s a great spectacle with boats racing right in front of Abu Dhabi Corniche. About 20 boats participate in this championship of different nationalities. Date: Mar 8
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film
BOND PREMIÈRE
SKYFALL
Daniel Craig, Ralph Fiennes and Bond ‘baddie’, Javier Bardem take to the red carpet at London’s Royal Albert Hall for the premiere of the 23rd Bond film, ‘Skyfall’ - directed with great panache by theatre superstar Sam Mendes.
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first page ‘James Bond’ alias Daniel Craig makes an effortlessly suave entrance this page top left: Quintessential Englishman Ralph Fiennes remains as composed as ever as he flanks Daniel Craig top right: Daniel Craig is neither shaken nor stirred as he navigates the assembled media and hordes of autograph hunters left: Compelling blonde Bond villain, Javier Bardem washes out the hair dye for the première, on the orders of wife Penelope Cruz... apparently bottom: Crowds gather in anticipation outside the Royal Albert Hall, with both Prince Charles and Camilla ParkerBowles in attendance
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A C e rtA in C elt i C M Agi C Irish passion fused with Swiss precision. Truly unique timepieces.
www.mcgonigle.ie McGonigle Ireland: P.O.Box 46, Athlone, Co. Westmeath, Ireland. +353 90 6485779 McGonigle Switzerland: Rue de l’Evole 42, 2000 Neuchatel, Switzerland. +41 32 723 2090
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Marvellous
MOROCCO Comfort and culture in Casablanca, riches and refinement in Rabat. International Life jets off to Morocco to luxuriate in its finest hotels, spas and restaurants
T WELL-KNOWN CAR MARQUES LIKE ASTON MARTIN, BENTLEY, FERRARI AND PORSCHE CREATE MOST OF THE HEADLINES IN THE HISTORIC-CAR WORLD
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he flight from London to Casablanca is a breeze, just three hours and you are in the most exotic land of adventure and luxury. There is nowhere else as close to the UK that offers constant sunshine and the thrill of French influenced North African sophistication, cuisine and culture. It is my favourite short haul destination. Also Royal Air Maroc are still small and proud enough that they make that extra effort to look after you, so you are treated as a guest on the flight and not merely baggage. Our car is waiting to pick us up at the airport and swiftly conducts us to the Relais & Châteaux Le Doge Hotel and Spa which is an exquisite boutique hotel tucked down a little side street just off the main thoroughfare in the art deco centre of Casablanca. The service is both personal and discreet and each of the rooms and suites are based on a famous art deco artist, such as Josephine Baker, Fritz Lang, Coco Chanel, Tamara De Lempicka, Jean Cocteau and Man Ray to name but a few of my favourites. Le Doge is the perfect base from which to tour Casablanca with friends or as a romantic hideaway for two. Early morning is the best time to visit the Hassan II Mosque which has the highest minaret in the world and is an architectural marvel, combining scale, opulence and a prodigious retractable roof all illuminated by Herculean Swarovski chandeliers straight out of 1001 nights. Built on a rocky
promontory over the Atlantic you can even view the seabed through the glass floor in the hall. Another stunning example of Moroccan architecture is the Mahakma du Pacha or Pacha’s courthouse located just south of the Habous Medina, full of ornate wooden carved ceilings, stucco decoration and wonderful inner courtyards with undulating arches. I highly recommend stopping off for tea at the beautiful La Sqala courtyard restaurant and cafe, slap bang in the middle of an old Moroccan fort. They do an amazing selection of herb and mint teas. The Flio herb tea is amazing, very strong tasting at first, with a real hit, followed by a lovely subtle aftertaste which is immensely refreshing. Try La Mer restaurant if you love seafood with a great sea view and for a little thrill, great atmosphere and talking point, visit Rick’s cafe and piano bar from the movie Casablanca. It’s based on and is decorated as an homage to the great film with Ingrid Bergman and Humphrey Bogart, though Claude Rains steals a few good moments with his wonderful portrayal of a corrupt cop with a heart. My next stop was L’Amphithrite Palace Hotel and Spa which is a magnificent sprawling palace of white minarets with its own private beach and numerous pools. It nestles on the Atlantic between Rabat, the capital, and Casablanca, adjacent to four golf courses all within a 30-minute drive, including the prestigious Royal Golf Dar Essalam.
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That night I dined at their poolside restaurant, Le Poseidon, with friends and we spent a lovely evening sampling various fresh seafood dishes and watching the sky morph chromatically as the sun set out to sea. The next day I went for one of the traditional Moroccan massages in the hotel Spa which are full body, back and front, and was quite fabulous. Why do most massages ignore the front half of the body, which goes through just as much stress in life as the back? Not to be missed. I must admit that the rest of the day was indolently
spent in the sea with its great long rolling waves, and lounging by the pool bar in good company. That evening we dined at Le Zyriab restaurant, in the Medina of Rabat, where you are greeted and treated in ceremonial Moroccan style and served delicious authentic traditional cuisine, before going off to watch the Impulse Solar plane land after completing a 19 hour flight from Madrid to Rabat. The Solar Impulse project was launched in 2003 by Bertrand Piccard and Swiss pilot Andre Boschberg and made history
in July 2010 when it became the first manned solar plane to complete a 26hour nonstop flight. It is absolutely huge, with a small cockpit, but the wing span of a jumbo jet. Look out for this technological marvel that can even fly at night on its solar cells, as it sets off around the world on a solar tour in 2014. After that we sampled the rich and refined night life that Rabat has to offer with exotic cabaret, singing and dancing. When in Rabat don’t miss the Chella necropolis or Sala Colonia which are vast ancient Roman ruins on the mouth >>
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>> of the Bou Regreg River, built more than 2,300 years ago. The site is mind boggling in size and architecture and completely over run by a plethora of giant storks that nest in all the towers. It is a fairy tale vista and one of the worlds great historical sites with the added bonus of these lanky yet graceful giant birds flapping across the landscape like vast mythological Rocs.
The Kasbah in Rabat is straight out of Beau Geste, an old fort with picturesque winding lanes overlooking the river and the town of Salé on the opposite bank, classified a UNESCO World Heritage site. You can wander here for hours admiring the beautiful houses and blue and white painted streets and imagining the savage battles fought as Rabat was the staging post
for the Almohad ruler Abd al-Mu’min’s pirate attacks on Spain to plunder for booty. You can continue this Barbary Pirate naval theme by dining at La Péniche barge floating opposite on the Salé side of the river. The perfect place to enjoy good seafood and watch the locals speed by on their water bikes. Take a tour of the Mausoleum of Mohammed V with its green tiled roofs
previous page: Hassan II Mosque, Casablanca this page, above: L’Amphithrite Palace Hotel, Rabat this page, left: Rick’s Cafe, Casablanca right hand page, top and bottom left: King’s Palace, Rabat right hand page, bottom right: Chella Necropolios, Rabat overleaf, left hand page: Mausoleum Mohammed V, Rabat overleaf, right hand page, top: Beach, Rabat overleaf, right hand page, middle: Yacht Club, Rabat overleaf, right hand page, bottom left: Legendary tea making, Rabat overleaf, right hand page, bottom right: Spice Souks, Rabat
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typical of modern Alaouite dynasty architecture which contains the tombs of the Moroccan king and his two sons, the late King Hassan II and Prince Abdallah. Opposite is the Hassan Tower set in wide grounds with stone pillars jutting graphically into the air festooned with guards on foot and on horseback in magnificent traditional Moroccan dress. Then finish the day off with a
tour of the King Mohammed VI’s Royal Palace with its impressive immaculate gardens, government buildings, cannons and Mosques. Rabat, like all Moroccan cities is benefiting from large scale investment and the newest project is a massive development on the banks of the Bou Regreg River between Rabat and Sale, consisting of a new luxury marina,
shopping mall, beach areas and housing for 2013. This will effectively become a modern luxury centre surrounded by the wonderful ancient history of Rabat and is sure to bring many new businesses and tourists to the area. I look forward to popping back soon to see it and spend more time in that wonderful city. See Key Facts overleaf for further details
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Key Facts
L’Amphitrite Hotel and Spa Skhirat Plage , Skhirat, Morocco +212 (0) 537 62 10 00 e-mail: reservations@lamphitritepalance.com Le Doge Hotel 9 rue du Docteur Veyre, 20070 Casablanca www.hotelledoge.com +212 5 22 46 78 00 La Mer Restaurant (El Hank Lighthouse) Boulevard de la Corniche, Casablanca +212 5 22 36 06 41 Le Doge Hotel and Spa www.hotelledoge.com La Sqala Boulevard Almohades, across from the marina, Casablanca www.restopro.ma/lasqala +212 5 22 26 20 35 Restaurant le Ziryab www.restaurantleziryab.com La Péniche-right bank of the river Bouregreg, between Rabat and Salé +212 5 37 88 43 40 For more information on the numerous luxury hotels, restaurants, activities, music and film festivals galore visit: www.visitmorocco.com
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High FA SHION FOR
PHOTOGRAPHY: YVES DE CONTADES
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Space Shoot: High Fliers Photographer: Yves De Contades Fashion: Sara Darling Hair: Leanne White Make up: Jutheanne Cruz using Makeup Forever Fashion Assistants: Alfonso Bessy and Tawfiq Khoury Model Freddie Abrahams at M and P
Special thanks to: Oliver Taylor, NASA/JPL-Caltech/STScl Vassar and the Royal Aeronautical Society London www.aerosociety.com Shot 1 Grandad shirt - Tween Padded jacket - Pal Zileri Lab Watch - Seiko Shot 2 Jumpsuit - Issey Miyake Belt - Issey Miyake Shoes - Keds Sunglasses - Emmanuel Katsaros
Shot 3 Pullover - Qasimi Homme Trousers - Baartmans and Siegel Belt - Bottletop Orange Watch - Converse Boots - Stylist’s own Shot 4 Shirt - Christophe Lemaire for Bean Pole Skirt (just seen) - Qasimi Homme Jacket - Pal Zileri Lab Watch - Kenneth Cole Shot 5 Shirt - Pal Zileri Lab Sunglasses - Finest Seven Watch - Folli Follie For all other stockists please visit: www.internationallife.tv/fashion Book your space flight now www.emporiumofwonders.com/store/space-travel/ space-flight
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futurology
space travel THE FUTURE OF
Each new destination in the sky above brings the promise of new answers to some of humanity’s oldest questions: how life began on Earth, how our solar system evolved, and what changes lie in the future. Exploration missions to NEAs or Mars may help answer those questions.
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ince the retirement of the Space Shuttles in 2011, space has been opened up to the private sector, but NASA is still committed to space exploration and is retrieving terrific information from the Mars
rover Curiosity. NASA’s Curiosity rover mission has recently found evidence that a stream once ran vigorously across the area on Mars where the rover is driving. According to NASA, the shapes of stones offer clues to the speed and distance of an ancient stream’s flow.
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Orion is America’s next generation spacecraft that will take astronauts to exciting destinations never explored by humans. It will serve as the exploration vehicle that will carry the crew to distant planetary bodies, provide emergency abort capability, sustain the crew during space travel, and provide safe re-entry from deep space. It can carry 4 people for up to 210 days flight. The spacecraft will launch on Exploration Flight Test-1, an un-crewed mission planned for 2014. The international Space Station is a truly global joint project as it is shared by NASA, the Russian Federal Space Agency, the Japanese JAXA, the European ESA, and the Canadian CSA and is a unique platform for scientific research. Almost 200 people from 15 countries have visited, but the orbiting complex has only had human crew members, until now. Robonaut 2 or R2 (sound familiar?) is the latest generation of the Robonaut astronaut helpers, launched to the space station aboard space shuttle Discovery on the STS-133 mission in February 2011. As R2 technology matures, similar robots could be sent deeper into space to test the system in more extreme thermal and radiation conditions. Someday, R2 could service communications, weather and reconnaissance satellites, which have direct benefits on Earth. There is even a wheeled version in the planning called Centaur 2. Over the next several decades, NASA will endeavour to send humans to a range of destinations beyond low Earth orbit (LEO), including cis-lunar space, near-Earth asteroids (NEAs), the Moon, and Mars and its moons.
futurology
The ultimate aim is to land a human on the surface of Mars which would enable incredible scientific discoveries. Exploring Mars is the first step to long-term, human space exploration beyond the inner solar system, driving technology innovation necessary for sustaining humans on another planet, pushing us out into the stars. Innovations created to address the challenges of space exploration often lead to new and more sophisticated technologies used both for the benefit of all and commercially. However it is in the private sector that we are seeing great new leaps in response to the enormous challenges posed by space travel. Space X is a private company founded in 2002 by Elon Musk of Paypal fame that is working with NASA and has developed the Falcon launch vehicles and Dragon spacecraft. The Dragon is the first private spacecraft to successfully berth with the International Space Station. The LXCOR Lynx is being developed in the desert at the Mojave Air and Spaceport. Their aim is to make space travel affordable to private citizens so that space travel will truly take off. Their rocket has the immense advantage of being essentially a rocket powered jet plane. It can make up to 4 flights a day as it runs on liquid fuel and can take off on its own power whilst SpaceShipTwo developed by Scaled Composites (also
in the Mojave Spaceport) for Virgin Galactic has to be dropped from a plane and the engine has to be replaced between flights. Also you sit right next to the pilot in the Lynx XC which offers you an awesome panoramic view. Then there’s Eric Anderson and Peter Diamandis’ venture of mining asteroids for raw materials like iron and nickel supported by the film director James Cameron and Larry Page, founder and CEO of Google. Space exploration is the new frontier and the legendary explorers and heroes of tomorrow could be you.
All images courtesy of NASA. For more information visit: www.nasa.gov For more ways to get involved with NASA go here: www.nasa.gov/connect/index.html Get involved in space mining: www.planetaryresources.com Mojave Air and Space Port: mojaveairport.com
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property
Prime London Property For discerning buyers from the Middle East region, the residential property market in prime central London continues to be seen as a safe, robust and highly reliable destination to invest and have a home in, explains London Property specialist Beauchamp Estates
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here are many advantages for buyers from the Middle East who choose to invest in prime London property including low risk of political turmoil, an open and fair legal system, an abundance of tenants for rental properties and good medium term growth prospects. London also attracts property buyers because it offers worldclass homes, restaurants, nightlife, leisure venues and educational facilities. Beauchamp Estates believe that London residential properties bought well will achieve yields in excess of the market norm (3% to 4%) and in addition such properties will also experience good capital value growth. Overall, residential values in prime central London have risen by 3%-4% in 2012, with prices up 31% over the last five years. The upper echelons of the market in particular (properties valued above £5 million), where Beauchamp Estates specialise, continue to attract significant interest from global investors and has outperformed the rest of the London market.
So far this year, there have been over 160 sales for properties priced above £5 million, over £1 billion worth of transactions, up 6% on 2011. The price range for super-prime property has also increased during 2012. There have been more sales for properties priced over £50 million during this year, five to date, than during 2012. During 2012 buying activity at the top end of the prime central London market has been dominated by purchasers from the Middle East, Russia, the other Commonwealth of Independent States (CIS countries) and Asia. Between 60%-70% of all purchases in prime London are now to overseas buyers and owners of central London property now truly originate from all over the world. Looking to 2013, Beauchamp Estates remain confident in the strength and durability of the market and forecast that residential values for the best properties in the capital will rise by 4%5% next year. www.beauchamp.co.uk
DURING 2012 BUYING ACTIVITY AT THE TOP END OF THE PRIME CENTRAL LONDON MARKET HAS BEEN DOMINATED BY PURCHASERS FROM THE MIDDLE EAST, RUSSIA, THE OTHER COMMONWEALTH OF INDEPENDENT STATES (CIS COUNTRIES) AND ASIA www.internationallife.tv/property
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security
SECURITY MATTERS As the new multi-polar world evolves the threats to stability and personal safety seem to increase with alarming frequency, and consequently the stakes have never been higher for both the international security industry and its valued clients. But more choice does not guarantee better quality. So where can the super rich, multinational corporations and sovereign states turn, to ensure they have the right advice and personnel to protect their interests? Step forward Spartent Global Solutions, an innovative company with unparalled experience gained from years of work in the commercial, security and military sectors.
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ike Hitchcock, Spartent Global Solutions’ chief executive officer, pinpoints the company’s particular
SPARTENT UNDERSTANDS THE ENORMOUS COMPLEXITIES AND CHALLENGES OF TODAY’S GLOBAL SECURITY ENVIRONMENT JEREMY MERCHANT
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strengths. “We have a strong corporate ethos centred on high personal standards, commitment and integrity,” he says, “and we are fortunate to be supported by a carefully selected team of colleagues, each an expert in his particular field. Our style is discreet, subtle and thoroughly professional.’’ A former United Kingdom Special Forces commander, Hitchcock is a seasoned security expert, renowned for his integrity, extensive knowledge and first-hand experience of conflict zones from central America, across Africa to the Middle East. For almost two decades he has been involved in providing security advice to governments and corporations worldwide. Last year he co-founded Spartent with businessman David Murrin after realising that there was a growing opportunity to utilise his experience and unique approach to security and risk management services to more discerning clients, not necessarily interested in dealing with the more mainstream security providers. “A gap opened up in the private security market, new conditions call for
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a more sophisticated response, so we created Spartent,” says Hitchcock. In line with the original objectives, the company has a global reach, drawing on a wide network of specialists and offering a range of individually tailored solutions. These include private client and crisis-handling consultancy, project security management, close protection, risk assessment and personal security training. Spartent’s clients include major financial institutions, international corporations and high net worth individuals and their families from the fast-growing economies of the Far and Middle East, Russia, Mexico and Latin America where phenomenal rises in levels of individual wealth are rapidly leading to an increased security threat. Providing a personal service and long-term relationship building are fundamental to Spartent’s founding principles. Working closely with its
customers, its aim is to blend in with each and every situation. That belowthe-radar approach stands in distinct contrast to the formulaic, standardised solutions increasingly prevalent in the sector, explains Spartent’s chief operating officer Jeremy Merchant, a former Special Forces Officer, whose skills and experience in counter terrorism and counter piracy operations complement those of Hitchcock’s. He comments: “Spartent understands the enormous complexities and challenges of today’s global security environment. And our job is to help our clients maintain their operational and commercial focus when things go wrong, enabling them to uphold their duty of care and safeguard their reputation and shareholder value.’’ “It’s not just the fundamentals a private security firm has to get right either, but the subtleties too,” points out Hitchcock. “However anxious
people are about their safety, some may not wish to appear as being overly concerned,” he explains, “understanding cultural nuances here is key.”
Key Facts As well as its own team of security and business specialists, British security risk consultancy Spartent Global Solutions can also count on its advisory council for operational advice with leading experts drawn from industry and the legal, defence, security and counter terrorism sectors; its projects are also closely scrutinised by its risk and ethics committee. Spartent is compliant with key legislation such as the UK’s Bribery and the US Foreign and Corrupt Practices acts and its employees and consultants, who are all thoroughly vetted and trained in human rights, operate within the rule of law. For more information, please contact Spartent Global Solutions, on +44(0)1428 653393 www.SpartentGS.com
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Sp C G Di A Cu H Sk Specialist
Capital
Global
Digital
International Life focuses on the emerging economic prowess of Abu Dhabi and its dynamic 2030 vision.
Arts
Currency
Handmade
Skills
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We examine the abundance of opportunities for foreign businesses with this emerging powerhouse and take a business trip ourselves to the 7 star Emirates Palace Hotel to see if it meets the demands of the modern, International Business Traveller. Nik Kalsi discusses strategies for Gold and Silver, looking at both short and long term approaches and the value of including precious metals in your investment portfolio. International Life Wealth Network look forward to hosting the world première of Swiss Artist, Dante Rubli, who will be showcasing at a series of high profile events in Abu Dhabi from 11th-16th December 2012.
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G Global
ABU DHABI
Global Ambitions
MEANS BUSINESS Abu Dhabi’s big plan for the next two decades will confirm it as an economic and cultural destination of choice and a magnet for international investment. Time, perhaps, to start rolling out the superlatives says Mariah Lawrence
A AMONG THE FLAGSHIP SCHEMES NOW PUSHING AHEAD ARE NORMAN FOSTER’S ZAYED NATIONAL MUSEUM, JEAN NOUVEL’S LOUVRE AND FRANK GEHRY’S GUGGENHEIM, FORMING PART OF A MAJOR CULTURAL AND TOURIST CENTRE ON SAADIYAT ISLAND 46
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bu Dhabi’s enviable position after a prolonged period of strong economic growth is poised to get even better. A new era is underway for the capital of the United Arab Emirates as its strategic masterplan for the next two decades, Abu Dhabi Economic Vision 2030, takes shape with the aim of turning the kingdom into a global centre for business and trade and a safe haven for investment in the Gulf region. A host of multi-billion dollar high profile projects have been given the green light by government providing welcome news for international and local construction companies. Among the flagship schemes now pushing ahead are Norman Foster’s Zayed National Museum, Jean Nouvel’s Louvre and Frank Gehry’s Guggenheim, forming part of a major cultural and tourist centre on Saadiyat Island. New terminal facilities at Abu Dhabi’s airport will increase passenger numbers to some 27m a year and form a fundamental plank in the emirate’s plan to become a hub for Africa, Asia and Australia, using national airline Etihad. A new financial and commercial centre is planned for Sowwah Island, while the first phase of a new multibillion dollar Khalifa Port has just been launched, part of an on-going upgrade to serve domestic demand and bring in more industrial business.
As well as sending a strong signal of confidence both nationally and internationally, the moves underline the desert kingdom’s intention, spelled out in its 2030 blueprint, to create a more varied economy. So far the driver of wealth has been oil - the Emirate owns some 10 per cent of the world’s crude and five per cent of its gas reserves. Now revenues will help build a more diverse and sustainable economy ensuring Abu Dhabi’s long-term prosperity and its continued deep-rooted stability. Among the engines of growth identified by government are energy, aviation and defence, construction, biotechnology, transport and logistics, tourism, healthcare, education and finance. Investment in new high growth sectors and economic clusters has been widely welcomed in the expectation it will generate jobs which in turn will boost demand for property. The huge stimulus is also designed to enlarge the enterprise base, enhance competitiveness and increase the skills of Abu Dhabi’s young people - two thirds of its nationals are under 24 years old. Despite its prodigious oil reserves Abu Dhabi is also cementing a reputation for itself in the field of green energy. It already hosts the annual World Future Energy Summit, a new wind farm has been scheduled and a
solar power plant opened at the end of August pumping 100 MW into the kingdom’s grid. Most boldest and innovative of all, however, could be the Masdar
Renewables Initiative, which will feature the zero waste and zero carbon Masdar City, a world class engineering research institute and IRENA, the International Renewable Energy Agency.
this image: the soon to be opened Guggenheim Abu Dhabi below: the Emirate hosts the F1 Grand Prix on Yas Island
above: Yas Island, home to some of the UAE’s most exciting attractions, racing events, concerts, luxury hotels and leisure actvities. left: Abu Dhabi offers an abundance of water sports and sightseeing opportunities
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business
Doing business in Abu Dhabi
Above: Corniche - drive along an impressive 8km of waterfront
ABU DHABI IS BECOMING A HUB, THE PLACE WHERE PEOPLE GO TO TRADE WITH AFRICA, INDIA AND THE FAR EAST
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bu Dhabi’s renowned prosperity, stable economy and tax efficient regime have long attracted investors and overseas companies. In 2010 $2.6bn of investment poured in. Now the host of new opportunities opening up are proving an even stronger draw. It was those prospects that convinced British wealth management adviser Nik Kalsi 18 months ago that the Emirate was the place to be. “The sky line is changing every day, many more celebrities like Madonna are visiting and you can see international brands being advertised, the pace of change is very rapid,” observes Kalsi, 33, chief executive officer of Arabian Wealth Management (www.ArabianWM.com), a private company providing personal investment solutions to high net worth nationals and expatriates. Kalsi was also prompted to set up there because of the growing investment appetite for gold, silver and diamonds, his specialist areas. “Abu Dhabi is becoming a hub, the place where people go to trade with Africa, India and the Far East,” he says. “But setting up a branch office or limited liability company isn’t easy although the effort is worth it. It is essential an overseas business does the research before attempting it.” Starting a limited liability company involves local sponsorship or a partner with a 51 per cent stake in the business as well as other red tape formalities. Having UAE national stakeholders provides strong advantages. But there is an alternative - the Emirate’s freezones. “I took that route and it was much easier than I expected,” says Kalsi. The freezones allow 100 per cent foreign ownership, 100 per cent of capital and profits, zero personal or
corporate income tax, custom duties or import/export taxes. There is very little restriction on recruiting labour, the zones facilitate shared services and synergies with other firms, there’s no bureaucratic red tape and excellent infrastructure. Among the free zones Abu Dhabi airport attracts cargo, aviation, computer, telecoms and transport businesses; Abu Dhabi Media Free Zone is best for film, broadcast, digital, publishing and music ventures, while Saadiyat Island is the destination for leisure, hospitality-focussed firms. “At the start I had to adjust to the way the business is conducted,” recalls Kalsi. “The working week is Sunday to Thursday. Travelling can take up a lot of time, so always double check in advance where you are going. Even more important is doing due diligence before taking an office as rent is paid upfront for a year in advance. “Relationship-building is fundamental to the trading process. Emiratis do business with those they trust and initial meetings are always devoted to getting to know each other. Because of that the pace is slower and patience is definitely the key. Some smaller, family-owned businesses may only grant access to decision-makers once a connection with junior members has been forged.” According to Kalsi, the best of Abu Dhabi is found in its entrepreneurial spirit and prodigious talent pool, its mix of cultures, central location, and its flexible, investor friendly procedures and tax efficiency. “But,” he adds, “it is expensive as most goods have to be imported.” For more information on doing business with or in Abu Dhabi, visit www.abudhabi.ae, for help and contacts available for British firms visit www.ukti.gov.uk
Don’t: discuss political or religious subjects during a meeting, be impatient, don’t plunge immediately into business talk, don’t use your left hand to eat or gesture to another person, call businesses on a Friday unless important as it’s akin to a Sunday, cross your legs in a meeting so your shoe points at another, be the cause of someone losing face in public.
Useful local contacts:
Abu Dhabi style Do: show good manners and always be polite, ensure you have plenty of business cards printed in both Arabic and English, accept there is a hierarchy and a process that needs to be followed in order to meet the senior decisionmakers, dress conservatively in a suit for at least initial meetings, be conscious that a ‘yes’ may mean ‘yes’ or ‘maybe’.
Abu Dhabi Government www.abudhabi.ae Nik Kalsi Arabian Wealth Management www.ArabianWM.com nik@ArabianWM.com
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49
business
The Business Traveller
above and right: the prestigious Emirates Palace Hotel
THE EMIRATES PALACE WAS ORIGINALLY CONCEIVED TO BE A PALACE OF RESIDENCE FOR A MEMBER OF THE ROYAL FAMILY... IT WAS DECIDED TO TURN THE VENUE INTO A HOTEL, ALBEIT ONE THAT FEW MIGHT BE ABLE TO EXPERIENCE
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International Life’s busy Middle Eastern schedule took in Abu Dhabi and a highly anticipated stay at the Emirates Palace...
S
eldom does the opportunity arise to savour the warm breath of the gulf coast from within the haven of 7 star luxury. And so it was in eager anticipation that I journeyed to Abu Dhabi and the Emirates Palace Hotel. Upon clearing customs and making my way into the main terminal building I was surprised by the general melee which greeted the recent arrivals. However, I eventually found my way to the pleasant booth which acted as a reception area for all those bound for the Emirates Palace Hotel, and within a short time I was being driven in airconditioned comfort to my destination. The temperatures in the region at the end of the long summer months are stifling, even at night, although these abate somewhat during the British winter. Abu Dhabi is a hive of activity and development, with most of the building work taking place during the hours of darkness, yet this does not detract from the serenity or the appearance of the hotel, which is magnificent, even for an experienced business traveller. The Emirates Palace is set in private grounds at the end of a long, wide road. Once inside you are struck by the grandeur of the setting, and the overwhelming courtesy bestowed upon each guest by the staff, which is both wholesome and genuine. The hotel is vast, being built around a huge dome with two large wings, which means that visitors must be prepared to walk some distance along the marble corridors before reaching their designated room or suite. Indeed, my initial impression was that the hotel is very well-suited to the younger business traveller, a view that was enhanced during the course of my stay. A variety of accommodation types are available at the Emirates Palace. Each of the rooms is spacious, and includes the service of a butler. The decor is a conservative mixture of Arabian and classic European style. The bathroom was light and adorned by a shower and a large bath. Functionality
is to the fore, with ambient room lighting and air-conditioning at the touch of the remote control handset. The entertainment system, comprising a large screen television and radio, is in keeping with the setting. Of greater interest to most modern travellers is the WLAN and Wi-Fi systems. Here, the hotel provides a free service, streaming data at a sufficient rate to download most documents onto a laptop or mobile device quickly, while those who require a higher rate of broadband can select a second option, which is chargeable and, in my opinion, very expensive. The various questions I posed to the concierge about my electronic devices were handled with ease, and I was also able to engage a professional translator to sit in on meetings, when required. Following a night of sleep in an overly-soft bed, I ventured into the heart of the hotel to find the restaurant where breakfast was being served. All roads appeared to take you via the central dome, a location where guests seemingly spend a considerable proportion of their time taking holiday photographs. The signs within the hotel are difficult to follow, being ornate gold Arabic and English script on brown marble standees, and so I reverted to asking one of the numerous security men for directions. At every turn on this short journey I was met by a smile and a greeting from the endless stream of hotel staff, something many will find charming, others just too intrusive. Breakfast is served within the Vendome restaurant, and can be taken within the climate controlled setting of the interior, or outside on the terrace leading down to the marina. I decided on the former and was glad of the respite from the scorching sun. There are ten restaurants within the Emirates Palace complex, and each boasts the very finest cuisine. During the course of my brief stay I experienced the traditional Italian menu of the Mezzaluna, as well as the various Chinese and Thai dishes found in the Hakkasan. The food was exquisite. I had hoped to enjoy the Al fresco
business
dining and the stunning evening views across the marina, but the temperatures at night remained in the mid-thirties, and so this proved impractical: a pity, because the beauty of an Arabian night cannot be underestimated. Away from the restaurants there are a variety of bars and coffee lounges, ideal for an informal meeting with business associates, afternoon tea, or simply a quiet place to sit and read one of the different newspapers which are freely available. Appropriate live music is a feature of the early evening programme. During the course of the first evening a string quartet provided a delightful backdrop with renditions of Mozart, while a light jazz trio offered something a little more upbeat the following evening. The strict rules governing the drinking of alcohol found within the U.A.E., appeared to be slightly relaxed within the hotel, but I did observe two female guests being asked to dress more appropriately when entering the restaurant from the pool area. Naturally, the modern traveller has to understand and respect the culture of the region, and it is remise to believe that one can dress or behave in an inappropriate manner simply because you are within the boundaries of a 7 star hotel. This is especially relevant in the late evening
when a great many Arabian men are to be found in the bars and restaurants. Consequently, it is advisable for ladies to dress in a conservative manner when dining. Like other business travellers to the region, the vast majority of my time in Abu Dhabi was spent in meetings, or travelling to meetings, and so there was very little time to relax by the pool. However, I was afforded the chance to visit the spa in the afternoon on the second day. It is debatable as to whether the Emirates Palace would be a destination selected primarily for relaxation, but it was evident that those taking advantage of the stunning facility were predominantly European women who had travelled to Abu Dhabi with their husbands, who were themselves embroiled in the usual round of business meetings which occupied most of their schedule. The ladies that I spoke to were delighted with the wide selection of treatments available, and the destination as a whole. Remarkably, there were very few visitors from other regions to be found in the spa at this time, despite the fact that the overwhelming number of guests at the hotel were clearly from Asia and Indonesia. Another exciting opportunity was presented later that evening, in the form of an inspection of the Palace Suite, the
most luxurious within the hotel. The elegant splendour of the suite, to which three separate sleeping rooms were directly attached, was unquestionable. Adorned with all of the vestiges associated with fine living, it offered the clearest insight into the origin of the hotel. According to my guide the Emirates Palace was originally conceived to be a palace of residence for a member of the royal family, and it was only after some considerable time into the construction process that it was decided to turn the venue into a hotel, albeit one that few might be able to experience. This is intriguing. As I reached the end of my visit I concluded that the Emirates Palace represents more than a luxury retreat for those of high status and suitable financial means. Monarchs and their entourage will certainly feel at ease within the gold-laden walls and vast open spaces, but the ambience is wellsuited to a wider audience. The location is a benefit to the businessman or woman, and the general affordability of an off-peak stay is somewhat surprising. When this is coupled to the array of facilities and the tranquil setting, it is perhaps not surprising that an increasing number of guests are daring to dream, if only for a fleeting moment, and to live like royalty.
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51
QUINTING’S ZODIAC COLLECTION
Tomorrow’s Time
Q “
uinting remains for us today our proudest accomplishment because we have succeeded, where so many others have failed, even the most famous watch-making brands.” When he talks about his Manufacture, Pascal Berclaz, Quinting’s CEO, usually starts with these words. The very least that can be said is that he has reasons to be proud because the Swiss watchmaker is still the first and only one in the world who is able to produce completely transparent or invisible watches for horology enthusiasts. The invisible watch
Pisces G N I T
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had been the holy grail of watchmaking for generations and merely a dream until Quinting succeeded in its creation after years of innovative technology and design using Sapphire crystal. In 2012, Quinting push the boundaries even further with its interpretation of the Zodiac signs through its exclusive fourth dimension. Celestial symbols par excellence, the collection is evidence that complete balance can be achieved. A magical balance between the very small and the very large which is capable of restoring human identity within the cosmos.
With the new Zodiac Collection, the Swiss Manufacture launches twelve different models, one for each sign (Aries, Taurus, Gemini, Cancer, Leo, Virgo, Libra, Scorpio, Sagittarius, Capricorn, Aquarius and Pisces). As with its nowfamous Telescopium model (representing the Big Bear), diamonds, hand-crimped on the sapphires, symbolise the stars in each constellation. Thanks to the innate grace of a Quinting piece in the Zodiac Collection, a woman wearing the watch will find just the right balance and beauty, enabling her to be the master of her own destiny.
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QUINTING ZODIAC GÉMEAUX SAGITTAIRE
Gemini/Sagittarius
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I Investment
GOLD VS SILVER
Which is The Better Investment? The Gold & Silver Club’s Nik Kalsi sees the value in both precious metals and explains why a dual investment strategy is key
O
nce upon a time, not so long ago, Gold was shunned. By 2001, the price had fallen to below $300 an ounce, having once - back in 1980, scaled the heights of $800 an ounce. The value of Gold right now is $1,770 an ounce, that’s a staggering gain of 490 per cent in 12 years. Today most people would bite your arm off to buy gold at $300 an ounce. And then there’s Silver... During that same 12 year period, Silver moved from $4 an ounce to highs of $49, a gain of 1125% - which is more than double Gold’s return. Whilst many investors spend time deciding whether to invest in Gold or Silver, the savviest investors own both. Whereas Gold could offer the ultimate insurance and protection against uncertain economic times, Silver is a more speculative investment. I want to highlight three significant reasons why owning both Gold and Silver together can offer huge benefits. Gold/Silver Ratio: This is one of the best indicators of how far Silver prices can move compared to Gold. If you average out the price ratio between Gold and Silver throughout history, you land on a single magical proportion: 16 to 1. That implies that at $1600 per ounce of Gold, Silver should be $100 per ounce. Gold is currently trading at $1770 an ounce and silver is at $34, which projects the ratio is now 52. Silver is massively undervalued right now and that gives it much more upside potential than Gold. Practical Applications: Gold has numerous uses beyond jewellery and coins. Gold is ductile and malleable - it may in fact be the most malleable metal
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on Earth. Gold is used in photography, medicine and electronics. However, despite Gold’s practical uses, Silver truly is the world’s most indispensable metal. It is the most electrically conductive, thermally conductive and reflective metal on Earth. Industrial and technological demand for silver is increasing. As with any market, supply and demand drives prices. The amount of Silver used for industrial purposes is forecast to rise to 665.9 million troy ounces by 2015, which would be a 36% increase from the 487 million used in 2010. Supply Factors: The global demand for Silver is far outpacing global production. To put that simply: There is a Silver shortage. The amount of available silver is far less than the amount of available Gold. This fact is often overlooked by even the most seasoned Silver investors. And it’s this lack of silver stockpiles that has become one of the most critical factors for Silver prices to appreciate in the long-term and even skyrocket into an entirely different asset class all together. In uncertain economic times, precious metals are the place to be. Investors are starting to realise that Silver is just as much of a safe haven investment as Gold and has huge upside potential. Given its status as the more practically useful, rarer and the more historically undervalued of the two, Silver would appear to be the superior investment. However, the more money one has to invest, the greater mix of Gold and Silver one should consider. Both Gold and Silver combined make a well diversified investment portfolio.
business
IN UNCERTAIN ECONOMIC TIMES, PRECIOUS METALS ARE THE PLACE TO BE. INVESTORS ARE STARTING TO REALISE THAT SILVER IS JUST AS MUCH OF A SAFE HAVEN INVESTMENT AS GOLD AND HAS HUGE UPSIDE POTENTIAL Nik Kalsi is recognised as one of the leading authorities on Gold & Silver trading and investing. He has over 10 years’ experience in private wealth management specialising in alternative investments.
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55
Dante in Abu Dhabi
DANTE International Life Wealth Network presents
in Abu Dhabi
International Life Wealth Network joins the Swiss Artist, Dante Rubli’s next adventure; showcasing at the prestigious surroundings of the Emirates Palace, Abu Dhabi
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ike many of his contemporaries, Swiss artist Dante Rubli has sought to express his artistic talents in a number of different ways. Subsequently, his artwork is both varied and interesting. Having acquired a certain notoriety in his native country for being able to complete ‘special projects’, as well
as more traditional commissions for artwork, in 2007 Dante conceived the idea of creating a sculpture of the iconic Mercedes-Benz 300SL, the famous ‘gullwing’. Claude Picasso, son of Pablo, allowed Dante to borrow his father’s original car to develop this idea, and with the vehicle at his disposal, as well as a copy of the original 1954 plan, >>
WITH THE SERIES FIRMLY ESTABLISHED, THE NEW 1:24 SCALE MODELS ARE DUE TO BE UNVEILED AT A LAVISH AND HIGHLY ANTICIPATED EVENT IN ABU DHABI 56
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Dante in Abu Dhabi
Internationally acclaimed Swiss Artist, Dante Rubli
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>> Dante created two limited edition sculptures as full scale, 1:1, and half scale, 1:2, interpretations of Pablo’s car, finished in white gold. Since the world premiere of the two pieces at an exclusive event in Monaco in the presence of H.S.H., Prince Albert II, Dante’s sculptures have been highly acclaimed. Indeed, such was the success of the first items that additional cars in a variety of scales have been added to form a series. The Aston Martin DB5, which was made famous in the 1964 James Bond film Goldfinger, was produced along with the legendary Ferrari 250 GTO, the most expensive car in the world. Chris Evans, TV and radio presenter, and avid Ferrari collector, is one of the classic car enthusiasts who owns this particular Dante piece. With the series firmly established, the new 1:24 scale models are due to be unveiled at a lavish and highly anticipated event in Abu Dhabi.
EACH ITEM IS DESIGNED AND WORKSHOP IN SWITZERLAND
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Dante in Abu Dhabi
CREATED BY THE ARTIST IN HIS SPACIOUS
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Dante in Abu Dhabi
INTERNATIONALLY ACCLAIMED
Artwork from Dante
As a respected artist capable of working with precious metals, Dante’s skills have become increasingly sought after. Subsequently, he has been commissioned to work on a vast array of special projects, including sports cars and luxury objects; he has undertaken work for international celebrities and royal housholds, and is always busy. Dante achieved worldwide fame in 2011 when he appeared with his artwork on the billboards in Times Square New York.
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Dante in Abu Dhabi
Mercedes-Benz 300SL Sculpture of Picasso’s Car Dante’s interpretation of the MercedesBenz 300SL, the famous ‘gullwing’, which was produced in two scales, 1:1 and 1:2, were based on Pablo Picasso’s original car, which Dante was fortunate to borrow from his son, Claude Picasso. The finished pieces were acclaimed when exhibited. The sculptures capture the beauty of the vehicles portrayed and the essence of the period they represent.
IT IS DANTE’S BELIEF THAT THE MEN WHO MADE THE ORIGINAL CARS WERE ARTISTS, AND THAT THEY FUSED ART WITH PURE AUTOMOBILE ENJOYMENT
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Aston Martin DB5 and British Agent James Bond In 2010 Dante introduced the second model in his iconic sports car series, the Aston Martin DB5. Initially produced as a 1:4 scale interpretation, and finished in sumptuous 24 carat gold, it was unveiled at a prestigious event in Monaco by the former James Bond actor, Sir Roger Moore.
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Dante in Abu Dhabi
Enzo Ferrari’s Legendary Racer, the 250 GTO Dante introduced a 1:8 scale version of his favourite vehicle, the legendary Ferrari 250 GTO. Considered by many to be Enzo’s greatest creation, the new piece was based on an original car owned by the Stieger family from Switzerland.
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THESE STUNNING LIMITED EDITION SCULPTURES WILL BE PRODUCED IN SILVER AND FINISHED IN HIGHLY POLISHED 24 CARAT GOLD
LAMBORGHINI MIURA
Dante in Abu Dhabi
FINISHED IN Lamborghini enter the series with the Miura 2012 will see the introduction of the fourth sculpture in Dante’s iconic sports car series, the Lamborghini Miura. The sculpture is based on the original car which was shown at the Geneva Motor Show in 1966. The world premiere of this new piece has been eagerly awaited, not least because Dante will introduce new 1:24 scale interpretations of his acclaimed iconic sports car sculptures. It is envisaged that the 1:24 scale series will extend to ten different cars, with fifty of each model being produced.
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Dante in Abu Dhabi
Dante has sought to broaden the appeal of his work to the luxury sector by adding 1:24 scale sculptures. These highly collectible new pieces are mounted on a marble plinth and supplied in a stunning piano black
lacquered case. Fifty of each vehicle will be available in silver and finished in 24 carat gold, priced at 50,000.- Swiss Francs each, while one solid 18 carat gold sculpture will also be produced, priced at 100,000.- Swiss Francs.
With instantly recognisable themes, and a level craftsmanship comparable to the finest jewellery, these will no doubt add to the Swiss artist’s growing reputation. www.dantedesign.ch
24 CARAT GOLD
1:24 SCALE www.internationallife.tv/art
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Dante in Abu Dhabi
Dante in Abu Dhabi
PROGRAMME OF EVENTS 11th December The series of events at the Emirates Palace begin with an exclusive evening for the most important and influential customers of the Abu Dhabi Islamic Bank, the regions number one private investment bank. The event starts at 6.30pm.
12th December Private guests and media will attend the World Premiere of Dante’s stunning 1:24 sculptures, including the Lamborghini Miura, held under the patronage of the Swiss Ambassador, H.E. Andrea Rechlin. The premiere starts at 6.30pm.
13th December A complete day of events organised in association with Ferrari World, the theme park on YAS Island, includes a VIP Tour and a presentation of Dante’s interpretation of the Ferrari 250 GTO. Concludes at the Emirates Palace at 6.30pm.
15th December Afternoon tea and early evening cocktails will be served to a select number of specially invited guests, who have been offered the chance to meet the artist and to discuss the pieces on display in the dome atrium. Starts at 4pm.
16th December The final event of the exhibition at the Emirates Palace offers a number of specially invited guests the opportunity to meet the artist and to experience the artwork while enjoying afternoon tea or evening cocktails. Event begins at 4pm.
Over the six days, visitors and guests to the Emirates Palace can enjoy an exclusive opportunity to purchase their own bespoke silver and 24 carat gold or solid 18 carat gold sculptures, individually created by Dante.
PLATINUM MEDIA PARTNER
WEALTH NETWORK
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EXHIBITING AT THE EMIRATES PALACE WILL BE A MEMORABLE EXPERIENCE, AND I AM LOOKING FORWARD TO MEETING THE GUESTS AND PRESENTING MY ARTWORK - DANTE
Dante in Abu Dhabi
THE SEVEN STAR SURROUNDINGS OF THE EMIRATES PALACE HOTEL WILL SERVE AS THE THEATRE TO A SERIES OF PRESENTATIONS OF DANTE’S SCULPTURES. A NUMBER OF THE WEALTHIEST PEOPLE IN THE WORLD WILL ATTEND THE WORLD PREMIERE
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Dante in Abu Dhabi
DANTE IN PICTURES
from top of this page: Dante at the Concourse d’Elegance in Pebble Beach, USA Pablo Picasso’s Mercedes 300SL, the inspiration for Dante’s gold interpretation of this iconic model H.S.H. Prince Albert II of Monaco has attended each of Dante’s World Premieres Shaken not stirred, Dante clinks with legendary James Bond star, Roger Moore Kenzo admires Dante’s interpretation of the Aston Martin DB5 Dante interviewed by the world media Dante meets Ferrari collector and British TV personality, Chris Evans and Ferrari expert Marcel Massini in Monaco right hand page from top: Dante takes a spin on his legendary ‘Indian’ Motorbike Dante on the Times Square billboard, New York Dante admires the classic car collection while exhibiting at the Concourse d’Elegance in Pebble Beach, USA The original Lamborghini Miura in 1966inspiration for the 1:24 sculpture International Life Magazine host the Dante exhibition in Regent’s Park, London and right, Dante relaxes after the show Dante at the Four Seasons Hotel (Pallazo della Gherardesca) in Florence
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travel
Fishing with
DOLPHINS International Life took an enlightening luxury tour of the Sultanate of Oman which included the rarity of fishing with some unlikely companions, the renowned Spinner dolphins
O above: Spinner Dolphins play in front of the Sultan’s Palace right page, above: Pure serenity, twilight at Al Bustan Palace, Ritz Carlton right page, below: For sale, Omani ceremonial daggers
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man is on the south eastern tip of the Arabian Peninsula facing India. It is known for its economic and social stability and has only really opened up to tourism in the last decade. There are more luxury hotels starting up in the next few years and they are in the middle of building a vast new airport in Muscat just next to the present one. The legendary Sinbad the Sailor is said to have come from Oman’s Sohar Port and the country is pure 1001 Arabian nights, with endless deserts, volcanic mountains and ancient Dhows cruising the Arabian sea. The peak season for tourism extends from October to February, as June
to September is regarded as too hot, although if you are by the sea or pool the heat is just wonderful, enveloping you like a warm blanket as you step from the air conditioned environment the Omani’s love so much. Amusingly the Omanis talk about the weather as much as the English only in reverse; they bemoan the heat and dream of cool rain. Oman has 360 days of sunshine a year; if only we could swap seasons for 6 months of the year! Muscat is the capital of Oman and was the starting place for our luxury tour. The Omani people, whilst appearing taciturn, are warm, kind and welcoming. They have strong views on hospitality, proffering the very best
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THE BABY DOLPHINS LEAPT ABOUT PLAYFULLY WHILE THE ADULTS OCCASIONALLY SHOWED THEM HOW IT WAS DONE, TWISTING AND SPINNING UP IN THE AIR ABOVE THE GLITTERING SEA BEFORE TURNING AND DIVING BACK INTO THE SILKY UNDULATING WATER home grown dates (240 different types) and deep strong aromatic coffee to all new visitors to their shop, hotel or home. They wear the Dishdash which is a traditional long tunic in grey, beige or black and white for business. Omanis pay no taxes, health care is universal for all Omani citizens and they have 8 main hospitals in Muscat. Women can start businesses, borrow to start a business, own houses and there are three women ministers in the government at present. For the petrol heads, let it be known that petrol here is 12 pence per litre. Camel racing is the big sport in Oman and a top racing camel can sell for half a million pounds. I stayed at the Al Bustan Palace, >>
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THE COUNTRY IS PURE 1001 ARABIAN NIGHTS, WITH ENDLESS DESERTS, VOLCANIC MOUNTAINS AND ANCIENT DHOWS CRUISING THE ARABIAN SEA
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>> A Ritz Carlton Hotel, which was originally built as a palace by Sultan Qaboos to host the Gulf Cooperation Council (GCC) Summit in 1985. The lobby is a vast, magnificent Arabian Art Deco vault that takes your breath away on first entering and the service is impeccable. It has acres of lush gardens along a private beach overlooking the Sea of Oman backed by the Haijar Mountains; it is the ‘jewel of the Sultanate.’ There’s even a special floor known as the ninth floor with its own lift access, reserved for heads of state, indeed Prince Charles has stayed there.
Visit the Mutrah Souq in Muscat, one of the oldest markets in the world, chock full of silver, jewellery, necklaces, old George VI coins, cashmere, silk, old sailing sextants and pocket watches. It is like Aladdin’s cave, a mix of bling, tat and real treasure. They are rightly proud of their silver work and the necklaces are works of inlaid filigreed art. Especially the traditional Omani dagger that can retail up to two thousand pounds for the most ornate. Take a set amount of money and splash out. You will have gems, spices and gifts a plenty for yourself, friends and family for
the next year. Wahiba Sands, Desert Nights Camp is 2 hours from Muscat and well worth the trip. You drive through the lava granite desert, scattered with the invincible Acacia trees that get their water from the dew, until you come to the camp nestled between towering orange sand dunes. Take the quad bikes out to watch the sunset and then follow up with a camel ride in the early morning after breakfast. Wadi Bani Khalid is about 200 km from Muscat. It is the best-known wadi of the Sharqiyah region, which is a >>
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below: Al Bustan Palace, Ritz Carlton - infinity pool right: The rewards of diving - a fascinating array of species from Sting Rays to Sea Horses opposite page, top: Wadi Bani Khalid bottom: Sultan Qaboos Grand Mosque
OMAN REALLY IS THE IDEAL PLACE FOR FAMILIES OR COUPLES WHO WANT A RELAXING LUXURY HOLIDAY IN A FASCINATING CULTURE WITH A WARM AND GENUINE WELCOME >> mountain water pool oasis surrounded by palm trees and sheer rock mountains on all sides. Swim in the pools and trek up to see the caves. I highly recommend a visit to the Dhow Factory on the river in Sur, where one can see old traditional boats made from teak wood; the boats are stunning and the yard a vision straight out of National Geographic, as the skilled Indian craftsmen go about their centuries old art of Dhow building. Also worth a visit is the magnificent Sultan Qaboos Grand Mosque, a tour de force in marble with a huge Swarovski chandelier. I would also recommend the five star Chedi Muscat Hotel which offers the most succulent food imaginable from all corners of the globe. They even have their own master chocolatier and the range and quality on offer is mouth watering. You must try the lemon and mint mocktail, the perfect drink to dispel
jet lag and revive the mind. The hotel itself is right on a beautiful sandy beach and has just opened a new thirteensuite Balinese spa. They also have three swimming pools, including the 103-metre long pool surrounded by blazing fire lanterns, which look glorious at night. Lastly check out the Shangri La Resort which is three majestic hotels combined, designed in traditional Dhofari Arabian architecture with pools, canals and date palms everywhere. This is like an Arabian Vegas in a luxury modern style. There is so much to explore that you could stay for weeks and still find new corners to relax in every day. There is even a river with slow moving current that takes you around the hotels through the gardens in lazy comfort. Bliss. The award winning Shahrazad restaurant is dazzling, straight out of 1001 nights, serving splendid authentic Moroccan cuisine. On the last day I went off with a friend and Captain Abdullah in a fast speedboat to play with the Spinner dolphins in front of the Sultans Palace. We had barely left the port when Captain Abdullah shouted and lo and behold we were surrounded by a hundred dolphins chasing their favourite breakfast, tuna, across the glittering sea. The fishermen here actually follow the dolphins like hunters with hounds to find the tuna shoals. We watched in awe as the baby dolphins leapt about playfully while the adults occasionally showed them how it was done, twisting and spinning up in the air above the glittering sea before turning and diving back into the silky undulating water.
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The diving here is a real treat and you can expect to see numerous species of Sting Rays, Moray eels, squid, Reef sharks, Batfish, Parrot fish, Angel fish, Snapper and abundant colourful soft and hard corals. Muscat in particular is known for its turtles and there is even a Turtle Ranger at the Shangri La Hotel whose job is to protect them when they come to lay their eggs so they are not disturbed. You can watch them hatch on the beach and scuttle for the water from the comfort of your sun lounger. Keep an eye out for my all time favourite sea creature, the chameleonic, multicoloured seahorses, they are very hard to spot but very visually stunning when you do find them. Be sure to take in the dive areas around Muscat and the Daymaniyat Islands north of Muscat which are a dive paradise and have been placed under the protection of UNESCO. The best water clarity is generally between April and October, although it’s pretty good all year round. Oman really is the ideal place for families or couples who want a relaxing luxury holiday in a fascinating culture with a warm and genuine welcome.
More information www.omantourism.gov.om/wps/portal/mot/ tourism/oman/home Al Bustan Palace, A Ritz Carlton Hotel www.ritzcarlton.com/en/Properties/AlBustan/ Default.htm The Chedi Hotel www.ghmhotels.com/en/chedi-muscat-oman/ home/#home Shangri La Resort www.shangri-la.com/muscat/barraljissahresort Oman Air www.omanair.com/wy Desert Nights Camp, luxury camp with quad biking and camel riding www.omanhotels.com/desertnightscamp/ Arabian Oryx Camp, authentic Bedouin experience in spectacular desert surroundings www.oryx-camp.com Dolphin tour Marina Bandar Al Rawdha which is 10 mins away from Al Bustan Palace, ask for Captain Abdullah. Dive centres in Oman www.omandivecenter.com www.regal-diving.co.uk/oman www.godiveoman.com
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yachts
RIVA 170TH
ANNIVERSARY International Life attended Carlo Riva’s 90th Birthday party and the 170th Anniversary of the iconic Riva speed boat brand.
R below and right page: Riva Acquarama
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iva speed boats are legendary and have been coveted and owned by a host of attractive and wealthy celebrities such as Brigitte Bardot, Sean Connery, Peter Sellers, Prince Rainier of Monaco, King Hussein, the Shah of Persia, Carlo Ponti, Sophia Loren, and the King of Sweden. George Clooney was gunning one around Lake Iseo just a few weeks ago in a Japanese advertising campaign for Mercedes Benz.
The Riva story started in 1842, when Pietro Riva came from Lake Como and began building boats in Sarnico, a little northern Italian town on the shores of Lake Iseo. He was such a skilled carpenter that his boats soon became widely famous and he built a successful business. This was passed to Pietros’s third son Ernesto, also a skilled carpenter and by the 1930s, his son, Serafino, who pushed the company into racing boats which was his passion >>
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THE 63’ VIRTUS IS THE LARGEST OPEN YACHT PRODUCED BY THE RIVA SHIPYARD AND DEFINITELY AN EYE CATCHER. KNOWN AS THE FERRARI OF THE WATER, I WOULD EQUATE IT MORE WITH A BENTLEY WITH ITS SUBTLE LUXURIOUS STYLE AND POWER
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>> In the 1950s Serafino’s son, Carlo, started creating pleasure boats that attracted worldwide renown for their elegance and beauty. The anniversary event saw 200 Riva speedboat owners from all over the world perform a special parade on Lake Iseo with the 90 year old Carlo Riva at the head of the procession, with horns blaring and outrageous costumes, the boats toured the lake, criss crossing wakes and leaping the waves. The whole town of Sarnico was out to watch and the media helicopter buzzed over the boats, a mere 4 metres above the choppy waters, filming the event for posterity. The recession was not easy for the yacht company, so in January 2012, the Ferretti Group which owns Riva and 7 other yacht brands, was sold to the state-owned parent of China’s biggest bulldozer-maker, Shandong Heavy Industry Group-Weichai Group. They are looking to new markets in China and India and investing in new boat models, combining fibre glass hulls with the traditional wood look.
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Generally regarded as the most beautiful wooden runabout ever made the last Acquarama Special was made in 1996 and carried the number 784. The specials are in short supply and go for around $500,000. They are collectors items and many countries have a Riva members club with wealthy members who are passionate about these lovely tenders. Carlo Riva stopped making them with wooden hulls when fibre glass took over the speed boat building
industry so the mahogany versions in good nick are appreciating in value. I drove the Acquarama Special around the lake as fast as local speed limits would allow and then took out the latest Virtus which, while modern in build, power and handling, retains the same wooden decking and sophisticated look of the legend. The 63’ Virtus, is the largest open yacht produced by the Riva shipyard, and definitely an eye catcher. Known as
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the Ferrari of the water, I would equate it more with a Bentley with its subtle luxurious style and power. Designed by Mauro Micheli of Officina Italiana Design, who designs all the new boats from Riva, it’s a sporty yacht that would look perfect leaping the waves along the French Riviera. The new Riva Iseo, a 27 foot runabout, is a cosmopolitan little beauty and the ideal water skiing or leisurely fishing boat. Also perfect for anyone wishing to enhance their yacht with an exclusive tender that looks fantastic pulling into port. Carlo Riva was in fantastic form at his birthday party and recounted many stories about the 1950’s and 60’s, when the Hollywood stars partied the nights away on Riva boats, as the jazz band temporised at the Cocca Hotel, opposite the hundreds of iconic and stylish mahogany tenders rolling gently under the night sky in the waters of Lago d’Iseo. www.riva-yacht.com
this shot: Helicopter hovers over Riva parade top: Carlo Riva leads the way middle: Riva Gucci
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International Life Classic Car
INVESTMENT Dietrich Hatlapa employs financial analytical tools to classify classic cars for sound investment
above: Mercedes-Benz SLR Stirling Moss, opposite page, from top left to right: 1964 Aston Martin DB5, 1962 Ferrari 250 GT Berlinetta, short wheel base, by HAGI
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T
he Historic Automobile Group International (HAGI), founded in 2007, has chosen new avenues to analyse the collectors’ market for rare classic cars. Following the motto “driven by knowledge” the approach is based on financial analysis, adjusted to the specialties of this niche collectors’ asset class. HAGI is known in the market to produce a series of indices charting the top levels of the classic car market. One major new aspect about this approach is that HAGI is an independent research house and think tank with specialist expertise in the rare classic motorcar sector and in finance. The group has created its benchmarks to track this alternative asset class accurately for the first time, using rigorous financial methodology usually associated with more traditional investments. Updated monthly on HistoricAutoGroup.com the HAGI Top Index is published monthly by the Financial Times (FT.com/reports/ wealth) in Octane magazine UK, Classic Sportscar France, Handelsblatt online and Motorklassik in Germany to name a few. The HAGI Index Group has developed their indices based on thousands of documented transactions collected from four areas: broker/dealers, marque specialists, auction results and private individuals. The indices have also been back-tested annually to 1980. The findings are compelling. They support the investment case and make this asset class fully comparable for the first time.
From the end of 2008 the HAGI Indices are updated on a monthly basis. Four indices have been published so far: The HAGI Top 50 comprising rare models from all marques and age periods, the 1920s to the supercars of 2000. The HAGI F and HAGI P indices, which measure the market for rare Ferrari and Porsche respectively. Also published it the HAGI ex P& F Index, which contains 24 car models other than Porsche and Ferrari. Picking the Winners: The research discloses that a number of vehicle categories have been attractive for investment. Production numbers, technical attributes and ownership history, together with current condition and attractiveness, are the main parameters. The most relevant time periods are pre-war and 1950s through to the early 1990s, with an emphasis on the earlier decades. Well-known car marques like Aston Martin, Bentley, Ferrari and Porsche create most of the headlines in the historic-car world. As well, rare racing and road versions of automobiles made by - for example Mercedes-Benz and Maserati and more unusual marques like Voisin, Bizzarrini or Graham are highly valued by collectors. Attractive models that were produced in small numbers have the highest public profile and the strongest credentials for the most exclusive events. Rare, high quality cars are most attractive for the collector. HAGI believes they have the potential to provide stable returns going forward.
Performance examples: The HAGI Top Index, measuring the performance of 50 key collectible classic cars, advanced by 13.89% in 2011. However, another HAGI index calculation reveals a segment of the top market that has achieved amazing 21.65% growth in 2011. That’s the return offered by the HAGI Top with Ferrari and Porsche removed. (In 2011 the HAGI” F Ferrari Index advanced 10.58%, while the HAGI P Porsche Index returned more modest 4.53%, after strong growth in previous years). >>
WELL-KNOWN CAR MARQUES LIKE ASTON MARTIN, BENTLEY, FERRARI AND PORSCHE CREATE MOST OF THE HEADLINES IN THE HISTORIC-CAR WORLD www.internationallife.tv/cars
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>> For 2012, to date, the figures look even stronger with the benchmark Index, the HAGI Top 50 advancing 21.5% through August and the sector for collector’s Ferrari (as measured by the HAGI F Index) gaining a 26.4%. Dietrich Hatlapa, HAGI’s founder and former investment banker, commented: “The figures demonstrate very clearly that this is not a uniform market; performance varies from marque
photo: 1959 Porsche Spyder 718RSK by HAGI
MERCEDESBENZ AND MASERATI AND MORE UNUSUAL MARQUES LIKE VOISIN, BIZZARRINI OR GRAHAM ARE HIGHLY VALUED BY COLLECTORS 82
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to marque and from model to model. Choice and timing are key, and that’s what makes it so fascinating, applying a judgement call based on a model or marque that’s due for rotation.” In 2011 Dietrich and the HAGI team published ‘Better Than Gold, Investing in Historic Cars’, a comprehensive book that lists many of the group’s finding, e.g. the sectors’ performance since 1980 as well as introducing
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the indices background, their methodologies, marques and models in detail. An extensive glossary lists price relevant data as well as current index constituents, all in all demonstrating many new aspects of this sector to the expert as well as making it transparent for the novice entrant. Historic Automobile Group International (HAGI), 9/12
Hatlapa highlight six models that have performed well in this market in 2011: 1. The Ferrari 250GTL ‘Lusso‘ you could buy for £450,000 at the end of 2010 whereas at the beginning of 2012 you would have to pay £70,000 more for the same car. 2. Bentley R-type Continental Fastback by H.J.Mulliner, 1952-55 (208 produced): A nice example trading at £400,000 at the start of 2011 could now make £600,000-plus. 3. BMW 507, 1956-59: was £500,000, now £850,000 or more for best cars. 4. Jaguar XJ220: was £140,000; now £180,000-plus 5. Aston Martin DB5 saloon £275,000 - £400,000 6. Mercedes-Benz 300SL roadster £600,000 - £700,000
Order the HAGI book “Better Than Gold, Investing in Historic Cars” follow this link: www.ypdbooks. com/business/378-better-than-goldYPD00347.html www.historicautogroup.com
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dining
Iqbal Wahhab OBE discovers why Tamarind is the destination for Middle Eastern visitors and Western celebrities alike
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remember 15 years ago going to the opening night of Tamarind, then the first and still one of only a few super-slick Indian restaurants in London. It was being promoted by the crazy Alan Crompton-Batt, the eccentric and no-longer-with-us creator of a business sector which has spawned hundred of businesses in his footsteps, that of the Restaurant PR. These days quite often people setting out to open a restaurant will find a PR before they find a chef. No kidding. That’s pretty much what happened with Tamarind. The deep-pocketed owners clearly had briefed him to put together a team to create London’s bestlooking Indian dining room. A high society designer was brought on board to convert a Mayfair basement space fit for the grand purpose and the room was duly and opulently decked out with gold pillars, big tables and big chairs suitably well spaced out from each other. Finally a young talent from Delhi was recruited to head the kitchen. Still in his early 20s, Atul Kochar was sighted at The Oberoi Hotel and flown over. Atul did what the owners wanted and got the restaurant ecstatic reviews and a Michelin star before branching off on his own with a string of restaurants, cookbooks and TV shows now under his belt. But he left the kitchen in the more than capable hands of Alfred Prasad, who has retained the Michelin star and Rajesh Suri, the godfather of Indian restaurant managers, was brought in as CEO. They have since spawned a more pedestrian offshoot in Soho, a Tamarind in California and more recently bought the once-famed Zaika in Kensington which they plan to restore to its former glory. Popular with western celebrities and middle-eastern visitors too, Alfred’s menu retains a traditional north Indian drive tempered with subtle and distinct
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Review / Tamarind, Mayfair
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presentation. Starters from the tandoor include their famed ultra-tender lamb chops and Aloo Tikki - potato cakes filled with a winning combination of spinach, garlic and chutney. Whilst many smart London restaurant chefs like to deviate from tradition, Alfred sticks to the core and seeks (or shall we say seekhs) to just simply do them better. There aren’t many smart Indian restaurants where you can get what you want rather than what the chef wants you to have and there’s a time and place for both experiences, but here if for mains you stick to a classic Biryani, a kebab selection and black dahl, you will not be disappointed. If by any chance you have space left after that, there’s a chocolate mousse with cinnamon and orange zest which people talk about, though I am not one of them as I do what you will probably do and see so many main courses you like you haven’t factored in a third course. I’ll leave chocolate mousse for when I go to a French restaurant, where the portions aren’t so handsome.
POPULAR WITH WESTERN CELEBRITIES AND MIDDLEEASTERN VISITORS TOO, ALFRED’S MENU RETAINS A TRADITIONAL NORTH INDIAN DRIVE TEMPERED WITH SUBTLE AND DISTINCT PRESENTATION
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Review / China Tang at The Dorchester Iqbal Wahhab OBE explains why China Tang is the perfect fit for the sophisticated Middle Eastern diner
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onfucius say: When opening Chinese restaurant in Manhattan, make it Kosher. And when opening one in Mayfair, make it halal. There are only two glamorous Chinese restaurants in London Hakassan and China Tang at The Dorchester. The creator of the former is a mild mannered and thoughtful fellow, whom I know. From what I’ve heard of David Tang, he’s rather the opposite and his outrageously over the top glitzy decor is I believe a reflection of his own flamboyant personality. This is a good thing. Too many restaurants play it safe with white linen tables and dark woods. To get into the bar and restaurant, you have to do the Walk of Walks - all the way through the Dorchester foyer, then the lobby where the world and their nannies are having afternoon tea day and night (why?) and the Champagne bar at the end. Here’s the look you need to acquire to get through: the people sat will stare at you thinking: “Who’s that dude and what’s he doing here?” and
The rest will then be cooked over one or two more courses. Only order this if you have a large group otherwise you won’t want to see another duck for a very long while. Unlike the automated precise service at Hakkasan, at China Tang servers and managers actually speak to you and tell you what they recommend rather than the usual “not enough!” or “too much!” snipes. Notable seafood dishes include steamed prawns with garlic and lobster wrapped in lettuce. Leave room for side dishes rather than puddings. China Tang shows there is life beyond pak choi. Ask for crunchy, colourful snow pea shoots or Morning Glory. On your way out, the look you give the people sitting in the lobby is this: If only you knew what you could have been having downstairs. your look back should exude: “Look at these fools being suckered into thinking they’re having a good time.” At night the bar at China Tang roars with the Mayfair set and as such is more of a club. The non-alcoholic cocktails are amongst the best you’ll find in London and about one in ten of the scrummy nibbles contains a near lethal chilli kick. The dining room is exquisitely grand, gold and ornate. The chopsticks are silver. Need I say more? The menu is not as adventurous as Kai, the third of the trio of Chinese establishments in London with a Michelin star (go try their steamed seabass). Instead, have excellent dim sum. Beware if you order Peking Duck - here it’s a dish that keeps giving. First its breast meat is delicately sliced into slivers daintily presented as opposed to the chain-saw massacre through which more conventionally Triad-fuelled waiters take out their vengeance against their bosses and their customers on the poor bird.
THE DINING ROOM IS EXQUISITELY GRAND, GOLD AND ORNATE. THE CHOPSTICKS ARE SILVER. NEED I SAY MORE?
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Beauty Arabian
Levanah Reyes-Wainwright looks at beauty treatments for the discerning Middle Eastern audience
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or those sultry eyes worthy of Arabian nights, the western world looks to Arabian women who do the smokey eye perfect justice. Dr Ariel Haus (drhausdermatology.com) who treats clients from Abu Dhabi, Lebanon, Qatar and Saudi Arabia at his Harley Street clinic says, “Usually patients
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T Y above, top left: Zoom Waterfast Lash, MAC (£14, maccosmetics.co.uk) above, top right: Dr Organic’s Moroccan Argan Oil Instant Tightening Eye Serum (£11.99, hollandandbarrett.com) directly above: Bourjois’ Queen Attitude Khol Kajal (36.99, boots.com)
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from these regions are very conscious of their appearance. They opt for treatments such as carboxitherapy for the dark circles around eyes, fillers such as Vital, but the most common one is the Triniti laser as the patient can have three laser treatments in the same day with minimum downtime - a bonus for those who would rather conceal surgery and scarring.” Also popular is Indiba Entensive Eye Treatment from the Urban Retreat Medispa (30min £80, Harrods). The Patented Radio Frequency equipment utilises high frequency current to firm skin. Excellent for the treatment of sagging skin, eye bags and expression lines. With eyes being the main part of the body on show, eyes need to be taken care of after any treatments with Dr Organic’s Moroccan Argan Oil Instant Tightening Eye Serum (£11.99, hollandandbarrett.com). This minimizes deep lines, wrinkles and under eye puffiness for perfect peepers. Burberry Beauty’s new Complete Eye Palette (£40, burberry.com) is a sleek compact with a quartet of Sheer Eyeshadow colours for effortless eye definition. The Palette of lightweight, natural formulas contains an illuminating base, two blendable shades to add structure, and a liner to define and enrich for a customisable smokey finish. For the perfect kohl eyeliner to give you that sultry effect, line eyes using Bourjois’ Queen Attitude Khol Kajal (36.99, boots.com) for smudge-proof intensity. Finally apply lashings of MAC’s Zoom Waterfast Lash (£14, maccosmetics.co.uk) famous for its tear, sweat and humidity-proof formula, ideal for all day wear whatever the weather.
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