Brendan Fraser could his first Best Actor Oscar nomination for his role in The Whale. Reuters
Brendan Fraser could his first Best Actor Oscar nomination for his role in The Whale. Reuters
Brendan Fraser could his first Best Actor Oscar nomination for his role in The Whale. Reuters
Brendan Fraser could his first Best Actor Oscar nomination for his role in The Whale. Reuters

Will Brendan Fraser, Colin Farrell and Bill Nighy score first Oscar nominations?


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Colin Farrell and Bill Nighy are both in the running to receive their first Best Actor Oscar nominations.

If nominated, the pair are expected to come up against US heavyweights Austin Butler and Brendan Fraser, who have also won acclaim for their performances in Elvis and The Whale respectively.

Nominations for the 95th annual Academy Awards are due to be announced on Tuesday from 5.30pm UAE time, and will be read out by Riz Ahmed and Allison Williams.

Nighy and Farrell have already picked up nods for their performances at other award shows, with Farrell winning the Golden Globe for Best Actor in a Motion Picture, Musical or Comedy.

Scroll through the gallery below to see the Golden Globes 2023 winners

  • Angela Bassett: Best Supporting Actress in a Motion Picture for 'Black Panther: Wakanda Forever'. AP
    Angela Bassett: Best Supporting Actress in a Motion Picture for 'Black Panther: Wakanda Forever'. AP
  • The Fabelmans: Best Picture, Drama. AFP
    The Fabelmans: Best Picture, Drama. AFP
  • Eddie Murphy: Cecil B DeMille Lifetime Achievement Award. AP
    Eddie Murphy: Cecil B DeMille Lifetime Achievement Award. AP
  • The Banshees of Inisherin: Best Picture - Musical or Comedy. AFP
    The Banshees of Inisherin: Best Picture - Musical or Comedy. AFP
  • Abbott Elementary: Best Television Comedy Series. Getty Images / AFP
    Abbott Elementary: Best Television Comedy Series. Getty Images / AFP
  • Austin Butler: Best Actor in a Drama for 'Elvis'. AP
    Austin Butler: Best Actor in a Drama for 'Elvis'. AP
  • Steven Spielberg: Best Director for 'The Fabelmans'. AP
    Steven Spielberg: Best Director for 'The Fabelmans'. AP
  • Cate Blanchett: Best Actress in a Leading Role, Drama for 'Tar'. AP
    Cate Blanchett: Best Actress in a Leading Role, Drama for 'Tar'. AP
  • Julia Garner: Best TV Actress in a Supporting Role for Comedy or Drama for 'Ozark'. AP
    Julia Garner: Best TV Actress in a Supporting Role for Comedy or Drama for 'Ozark'. AP
  • Zendaya: Best Actress in a TV Series (Drama) for 'Euphoria'. Photo: HBO
    Zendaya: Best Actress in a TV Series (Drama) for 'Euphoria'. Photo: HBO
  • Jennifer Coolidge: Best Supporting Actress for Television Limited Series/Motion Picture for 'The White Lotus'. AFP
    Jennifer Coolidge: Best Supporting Actress for Television Limited Series/Motion Picture for 'The White Lotus'. AFP
  • Santiago Mitre: The Best Non-English Language Film for 'Argentina, 1985'. AFP
    Santiago Mitre: The Best Non-English Language Film for 'Argentina, 1985'. AFP
  • Evan Peters: Best Actor for 'Dahmer – Monster: The Jeffrey Dahmer Story'. Reuters
    Evan Peters: Best Actor for 'Dahmer – Monster: The Jeffrey Dahmer Story'. Reuters
  • Ryan Murphy: Carol Burnett Award. AP
    Ryan Murphy: Carol Burnett Award. AP
  • Michelle Yeoh: Best Actress in a Leading Role for Comedy or Musical for 'Everything Everywhere All At Once'. AP
    Michelle Yeoh: Best Actress in a Leading Role for Comedy or Musical for 'Everything Everywhere All At Once'. AP
  • Guillermo del Toro (L): Best Animated Feature for 'Pinocchio'. AFP
    Guillermo del Toro (L): Best Animated Feature for 'Pinocchio'. AFP
  • Amanda Seyfried (C): Best Actress in a TV Series (TV Movie/Limited) for 'The Dropout'. Photo: Hulu
    Amanda Seyfried (C): Best Actress in a TV Series (TV Movie/Limited) for 'The Dropout'. Photo: Hulu
  • Paul Walter Hauser: Best TV Actor in a Supporting Role (Limited Series/TV Movie) for 'Black Bird'. AFP
    Paul Walter Hauser: Best TV Actor in a Supporting Role (Limited Series/TV Movie) for 'Black Bird'. AFP
  • Colin Farrell: Best Actor in a Leading Role for Comedy or Musical for 'The Banshees of Inisherin'. AP
    Colin Farrell: Best Actor in a Leading Role for Comedy or Musical for 'The Banshees of Inisherin'. AP
  • Kevin Costner: Best Actor in a TV Series (Drama) for 'Yellowstone'. Photo: Paramount
    Kevin Costner: Best Actor in a TV Series (Drama) for 'Yellowstone'. Photo: Paramount
  • Ke Huy Quan: Best Supporting Actor in a Motion Picture for 'Everything Everywhere All At Once'. EPA
    Ke Huy Quan: Best Supporting Actor in a Motion Picture for 'Everything Everywhere All At Once'. EPA
  • Jeremy Allen White: Best Actor in a TV Series (Comedy) for 'The Bear'. EPA
    Jeremy Allen White: Best Actor in a TV Series (Comedy) for 'The Bear'. EPA
  • Quinta Brunson: Best Actress in a TV Series (Comedy) for 'Abbott Elementary'. Reuters
    Quinta Brunson: Best Actress in a TV Series (Comedy) for 'Abbott Elementary'. Reuters
  • Mike White: Best Television Movie or Limited Series for 'The White Lotus'. AP
    Mike White: Best Television Movie or Limited Series for 'The White Lotus'. AP
  • M M Keeravani: Best Original Song for 'Naatu Naatu' in 'RRR'. EPA
    M M Keeravani: Best Original Song for 'Naatu Naatu' in 'RRR'. EPA
  • Martin McDonagh: Best Screenplay for 'The Banshees of Inisherin'. AP
    Martin McDonagh: Best Screenplay for 'The Banshees of Inisherin'. AP
  • Tyler James Williams: Best TV Actor in a Supporting Role (Comedy/Drama) for 'Abbott Elementary'. AFP
    Tyler James Williams: Best TV Actor in a Supporting Role (Comedy/Drama) for 'Abbott Elementary'. AFP
  • Justin Hurwitz: Best Original Score for 'Babylon'. AP
    Justin Hurwitz: Best Original Score for 'Babylon'. AP

The Irish star appears opposite long-time friend and colleague Brendan Gleeson in Martin McDonagh's dark comedy, The Banshees Of Inisherin, which is set on a remote island off the coast of Ireland.

Nighy has previously been recognised for his turn in Living, in which he portrays a veteran civil servant who is inspired to make the most of his remaining days, following a life of tedium.

Paul Mescal, who stars in coming-of-age drama Aftersun, also stands a chance of scooping an Oscar nomination in the Best Actor category, boosting chances of homeside success.

The Best Supporting Actor category may also be stacked with British and Irish talent, with Gleeson, Barry Keoghan and Eddie Redmayne all already having been recognised.

If all receive nods, they will likely have to contend with Ke Huy Quan, star of Everything Everywhere All At Once, who has led the field thus far with both nominations and wins for his performance.

The sci-fi thriller, also starring Michelle Yeoh, Jamie Lee Curtis and Stephanie Hsu, is about a family caught up in a scramble across the multiverse, following an inter-dimensional rupture.

The film dominated at the Critics Choice Awards, with wins including Best Picture, Best Director and Best Supporting Actor for Quan.

Scroll through the gallery below to see winners of the Critics Choice Awards 2023

  • From left, Harry Shum Jr, Stephanie Hsu, Michelle Yeoh and Ke Huy Quan, winners of the Best Picture award for Everything Everywhere All at Once. Getty Images
    From left, Harry Shum Jr, Stephanie Hsu, Michelle Yeoh and Ke Huy Quan, winners of the Best Picture award for Everything Everywhere All at Once. Getty Images
  • Cate Blanchett won the Best Actress award for Tár. AFP
    Cate Blanchett won the Best Actress award for Tár. AFP
  • The cast of Pachinko with the award for Best Foreign Language Series. Reuters
    The cast of Pachinko with the award for Best Foreign Language Series. Reuters
  • From left, Bob Odenkirk, Peter Gould, Rhea Seehorn, Giancarlo Esposito and Melissa Bernstein celebrate Better Call Saul win. AP
    From left, Bob Odenkirk, Peter Gould, Rhea Seehorn, Giancarlo Esposito and Melissa Bernstein celebrate Better Call Saul win. AP
  • Brendan Fraser accepts the Best Actor award for his role in The Whale. AP
    Brendan Fraser accepts the Best Actor award for his role in The Whale. AP
  • Cinematographer Claudio Miranda won the award for Best Cinematography for Top Gun: Maverick. AFP
    Cinematographer Claudio Miranda won the award for Best Cinematography for Top Gun: Maverick. AFP
  • Director Eric Appel, left, and singer Weird Al Yankovic with the award for Best Movie Made for Television for Weird: The Al Yankovic Story. AFP
    Director Eric Appel, left, and singer Weird Al Yankovic with the award for Best Movie Made for Television for Weird: The Al Yankovic Story. AFP
  • Angela Bassett announces Fraser as the winner of the Best Actor award. Reuters
    Angela Bassett announces Fraser as the winner of the Best Actor award. Reuters
  • Ben Stiller speaks onstage. Reuters
    Ben Stiller speaks onstage. Reuters
  • Actor Jeremy Allen White with the award for Best Actor in a Comedy Series for The Bear. AFP
    Actor Jeremy Allen White with the award for Best Actor in a Comedy Series for The Bear. AFP
  • Liz Hannah, Jordana Mollick, Elizabeth Meriwether, Michael Showalter, Rebecca Jarvis and Amanda Seyfried accept the Best Limited Series award for The Dropout. Reuters
    Liz Hannah, Jordana Mollick, Elizabeth Meriwether, Michael Showalter, Rebecca Jarvis and Amanda Seyfried accept the Best Limited Series award for The Dropout. Reuters
  • Jeff Bridges won the Lifetime Achievement award. AP
    Jeff Bridges won the Lifetime Achievement award. AP
  • From left, Chris Perfetti, Sheryl Lee Ralph, Quinta Brunson, Lisa Ann Walter, Janelle James, William Stanford Davis and Tyler James Williams celebrate Abbott Elementary's award for Best Comedy Series for Abbott Elementary. AP
    From left, Chris Perfetti, Sheryl Lee Ralph, Quinta Brunson, Lisa Ann Walter, Janelle James, William Stanford Davis and Tyler James Williams celebrate Abbott Elementary's award for Best Comedy Series for Abbott Elementary. AP
  • S S Rajamouli accepts the Best Foreign Language Film award for RRR. Reuters
    S S Rajamouli accepts the Best Foreign Language Film award for RRR. Reuters
  • Daisy Edgar-Jones and Elle Fanning speak onstage. Reuters
    Daisy Edgar-Jones and Elle Fanning speak onstage. Reuters
  • Benjamin Bratt and Natasha Lyonne speak onstage. Reuters
    Benjamin Bratt and Natasha Lyonne speak onstage. Reuters
  • Directors Daniel Kwan, left, and Daniel Scheinert won the award for Best Original Screenplay for Everything Everywhere All at Once. AFP
    Directors Daniel Kwan, left, and Daniel Scheinert won the award for Best Original Screenplay for Everything Everywhere All at Once. AFP
  • Hildur Gudnadottir won the award for the Best Score for Tár. Reuters
    Hildur Gudnadottir won the award for the Best Score for Tár. Reuters
  • Guillermo del Toro, left, and Mark Gustafson with the award for Best Animated Feature for Guillermo del Toro's Pinocchio. AP
    Guillermo del Toro, left, and Mark Gustafson with the award for Best Animated Feature for Guillermo del Toro's Pinocchio. AP
  • John Goodman presents the Lifetime Achievement award. AP
    John Goodman presents the Lifetime Achievement award. AP
  • Sarah Polley with the award for Best Adapted Screenplay for Women Talking. AP
    Sarah Polley with the award for Best Adapted Screenplay for Women Talking. AP
  • Henry Winkler accepts the Best Supporting Actor in a Comedy Series award for Barry. Reuters
    Henry Winkler accepts the Best Supporting Actor in a Comedy Series award for Barry. Reuters
  • Ke Huy Quan with the award for Best Supporting Actor for Everything Everywhere All at Once. AFP
    Ke Huy Quan with the award for Best Supporting Actor for Everything Everywhere All at Once. AFP
  • Paul Walter Hauser with the award for Best Supporting Actor in a Limited Series or Movie Made for Television for Black Bird. AFP
    Paul Walter Hauser with the award for Best Supporting Actor in a Limited Series or Movie Made for Television for Black Bird. AFP
  • Niecy Nash-Betts with the award for Best Supporting Actress in a Limited Series or Movie Made for Television for Monster: The Jeffrey Dahmer Story. AFP
    Niecy Nash-Betts with the award for Best Supporting Actress in a Limited Series or Movie Made for Television for Monster: The Jeffrey Dahmer Story. AFP
  • Jennifer Coolidge with the award for Best Supporting Actress in a Drama Series for The White Lotus. AFP
    Jennifer Coolidge with the award for Best Supporting Actress in a Drama Series for The White Lotus. AFP

Yeoh won Best Actress in a Motion Picture, Musical or Comedy, at the Golden Globes, and if nominated for the Best Actress Oscar, is likely to face stiff competition from Cate Blanchett.

Blanchett's performance in Tár, which follows the unravelling of star conductor Lydia Tar, has already earned her both a Golden Globe and Critics Choice Award.

Following their previous successes, The Banshees Of Inisherin and Everything Everywhere All At Once are also expected to be nominated for Best Picture overall, along with Steven Spielberg's The Fabelmans.

That film follows young filmmaker Sammy Fabelman, played by Gabriel LaBelle, and his burgeoning career in the movie-making business — based in part on Spielberg's own life story.

If nominated, the trio may come up against blockbuster sequels including James Cameron's Avatar: The Way Of Water and Tom Cruise's high-octane Top Gun: Maverick.

Spielberg and McDonagh may also be set to continue their rivalry for Best Director accolades, both having received nominations in the parallel categories at other award shows.

Nominations in all 23 categories will be read in a live presentation from the Academy's Samuel Goldwyn Theatre and via a global live stream on Tuesday.

The star-studded Oscars ceremony, due to be hosted by US talk show host and comedian Jimmy Kimmel, will take place on March 12, at the Dolby Theatre in Los Angeles.

Racecard
%3Cp%3E%0D5pm%3A%20Al%20Maha%20Stables%20%E2%80%93%20Maiden%20(PA)%20Dh80%2C000%20(Turf)%201%2C400m%0D%3Cbr%3E5.30pm%3A%20Al%20Anoud%20Stables%20%E2%80%93%20Handicap%20(PA)%20Dh80%2C000%20(T)%201%2C200m%0D%3Cbr%3E6pm%3A%20Wathba%20Stallions%20Cup%20%E2%80%93%20Handicap%20(PA)%20Dh70%2C000%20(T)%201%2C400m%0D%3Cbr%3E6.30pm%3A%20Arabian%20Triple%20Crown%20Round%202%20%E2%80%93%20Group%203%20(PA)%20Dh%20300%2C000%20(T)%202%2C200m%0D%3Cbr%3E7pm%3A%20Liwa%20Oasis%20%E2%80%93%20Group%202%20(PA)%20Dh300%2C000%20(T)%201%2C400m%0D%3Cbr%3E7.30pm%3A%20Dames%20Stables%20%E2%80%93%20Handicap%20(TB)%20Dh80%2C000%20(T)%201%2C400m%3C%2Fp%3E%0A
England World Cup squad

Eoin Morgan (capt), Moeen Ali, Jofra Archer, Jonny Bairstow, Jos Buttler (wkt), Tom Curran, Liam Dawson, Liam Plunkett, Adil Rashid, Joe Root, Jason Roy, Ben Stokes, James Vince, Chris Woakes, Mark Wood

THE NEW BATCH'S FOCUS SECTORS

AiFlux – renewables, oil and gas

DevisionX – manufacturing

Event Gates – security and manufacturing

Farmdar – agriculture

Farmin – smart cities

Greener Crop – agriculture

Ipera.ai – space digitisation

Lune Technologies – fibre-optics

Monak – delivery

NutzenTech – environment

Nybl – machine learning

Occicor – shelf management

Olymon Solutions – smart automation

Pivony – user-generated data

PowerDev – energy big data

Sav – finance

Searover – renewables

Swftbox – delivery

Trade Capital Partners – FinTech

Valorafutbol – sports and entertainment

Workfam – employee engagement

INVESTMENT PLEDGES

Cartlow: $13.4m

Rabbitmart: $14m

Smileneo: $5.8m

Soum: $4m

imVentures: $100m

Plug and Play: $25m

TO A LAND UNKNOWN

Director: Mahdi Fleifel

Starring: Mahmoud Bakri, Aram Sabbah, Mohammad Alsurafa

Rating: 4.5/5

Company%20profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20FinFlx%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%20January%202021%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Amr%20Yussif%20(co-founder%20and%20CEO)%2C%20Mattieu%20Capelle%20(co-founder%20and%20CTO)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBased%20in%3A%3C%2Fstrong%3E%20Dubai%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20FinTech%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFunding%20size%3A%3C%2Fstrong%3E%20%241.5m%20pre-seed%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Venture%20capital%20-%20Y%20Combinator%2C%20500%20Global%2C%20Dubai%20Future%20District%20Fund%2C%20Fox%20Ventures%2C%20Vector%20Fintech.%20Also%20a%20number%20of%20angel%20investors%3C%2Fp%3E%0A
WHAT IS GRAPHENE?

It was discovered in 2004, when Russian-born Manchester scientists Andrei Geim and Kostya Novoselov were experimenting with sticky tape and graphite, the material used as lead in pencils.

Placing the tape on the graphite and peeling it, they managed to rip off thin flakes of carbon. In the beginning they got flakes consisting of many layers of graphene. But when they repeated the process many times, the flakes got thinner.

By separating the graphite fragments repeatedly, they managed to create flakes that were just one atom thick. Their experiment led to graphene being isolated for the very first time.

In 2010, Geim and Novoselov were awarded the Nobel Prize for Physics. 

HUNGARIAN GRAND PRIX RESULT

1. Sebastian Vettel, Ferrari 1:39:46.713
2. Kimi Raikkonen, Ferrari 00:00.908
3. Valtteri Bottas, Mercedes-GP 00:12.462
4. Lewis Hamilton, Mercedes-GP 00:12.885
5. Max Verstappen, Red Bull Racing 00:13.276
6. Fernando Alonso, McLaren 01:11.223
7. Carlos Sainz Jr, Toro Rosso 1 lap
8. Sergio Perez, Force India 1 lap
9. Esteban Ocon, Force India  1 lap
10. Stoffel Vandoorne, McLaren 1 lap
11. Daniil Kvyat, Toro Rosso 1 lap
12. Jolyon Palmer, Renault 1 lap
13. Kevin Magnussen, Haas 1 lap
14. Lance Stroll, Williams 1 lap
15. Pascal Wehrlein, Sauber 2 laps
16. Marcus Ericsson, Sauber 2 laps
17r. Nico Huelkenberg, Renault 3 laps
r. Paul Di Resta, Williams 10 laps
r. Romain Grosjean, Haas 50 laps
r. Daniel Ricciardo, Red Bull Racing 70 laps

Super Bowl LIII schedule

What Super Bowl LIII

Who is playing New England Patriots v Los Angeles Rams

Where Mercedes-Benz Stadium in Atlanta, United States

When Sunday (start time is 3.30am on Monday UAE time)

 

Defence review at a glance

• Increase defence spending to 2.5% of GDP by 2027 but given “turbulent times it may be necessary to go faster”

• Prioritise a shift towards working with AI and autonomous systems

• Invest in the resilience of military space systems.

• Number of active reserves should be increased by 20%

• More F-35 fighter jets required in the next decade

• New “hybrid Navy” with AUKUS submarines and autonomous vessels

COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4

White hydrogen: Naturally occurring hydrogenChromite: Hard, metallic mineral containing iron oxide and chromium oxideUltramafic rocks: Dark-coloured rocks rich in magnesium or iron with very low silica contentOphiolite: A section of the earth’s crust, which is oceanic in nature that has since been uplifted and exposed on landOlivine: A commonly occurring magnesium iron silicate mineral that derives its name for its olive-green yellow-green colour

Company%20Profile
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3ENadeera%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Abu%20Dhabi%2C%20UAE%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3ERabih%20El%20Chaar%20and%20Reem%20Khattar%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3ECleanTech%3Cbr%3E%3Cstrong%3ETotal%20funding%3A%3C%2Fstrong%3E%20About%20%241%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EHope%20Ventures%2C%20Rasameel%20Investments%20and%20support%20from%20accelerator%20programmes%20%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%2012%3C%2Fp%3E%0A
The specs: 2018 Maserati GranTurismo/GranCabrio

Price, base Dh485,000 (GranTurismo) and Dh575,000 (GranCabrio)

Engine 4.7L V8

Transmission Six-speed automatic

Power 460hp @ 7,000rpm

Torque 520Nm @ 4,750rpm

Fuel economy, combined 14.3L (GranTurismo) and 14.5L (GranCabrio) / 100km

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Company Fact Box

Company name/date started: Abwaab Technologies / September 2019

Founders: Hamdi Tabbaa, co-founder and CEO. Hussein Alsarabi, co-founder and CTO

Based: Amman, Jordan

Sector: Education Technology

Size (employees/revenue): Total team size: 65. Full-time employees: 25. Revenue undisclosed

Stage: early-stage startup 

Investors: Adam Tech Ventures, Endure Capital, Equitrust, the World Bank-backed Innovative Startups SMEs Fund, a London investment fund, a number of former and current executives from Uber and Netflix, among others.

The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
FFP EXPLAINED

What is Financial Fair Play?
Introduced in 2011 by Uefa, European football’s governing body, it demands that clubs live within their means. Chiefly, spend within their income and not make substantial losses.

What the rules dictate? 
The second phase of its implementation limits losses to €30 million (Dh136m) over three seasons. Extra expenditure is permitted for investment in sustainable areas (youth academies, stadium development, etc). Money provided by owners is not viewed as income. Revenue from “related parties” to those owners is assessed by Uefa's “financial control body” to be sure it is a fair value, or in line with market prices.

What are the penalties? 
There are a number of punishments, including fines, a loss of prize money or having to reduce squad size for European competition – as happened to PSG in 2014. There is even the threat of a competition ban, which could in theory lead to PSG’s suspension from the Uefa Champions League.

UAE squad

Men's draw: Victor Scvortov and Khalifa Al Hosani, (both 73 kilograms), Sergiu Toma and Mihail Marchitan (90kg), Ivan Remarenco (100kg), Ahmed Al Naqbi (60kg), Musabah Al Shamsi and Ahmed Al Hosani (66kg)

Women’s draw: Maitha Al Neyadi (57kg)

THE BIO

Occupation: Specialised chief medical laboratory technologist

Age: 78

Favourite destination: Always Al Ain “Dar Al Zain”

Hobbies: his work  - “ the thing which I am most passionate for and which occupied all my time in the morning and evening from 1963 to 2019”

Other hobbies: football

Favorite football club: Al Ain Sports Club

 

INDIA V SOUTH AFRICA

First Test: October 2-6, at Visakhapatnam

Second Test: October 10-14, at Maharashtra

Third Test: October 19-23, at Ranchi

Essentials

The flights
Etihad and Emirates fly direct from the UAE to Delhi from about Dh950 return including taxes.
The hotels
Double rooms at Tijara Fort-Palace cost from 6,670 rupees (Dh377), including breakfast.
Doubles at Fort Bishangarh cost from 29,030 rupees (Dh1,641), including breakfast. Doubles at Narendra Bhawan cost from 15,360 rupees (Dh869). Doubles at Chanoud Garh cost from 19,840 rupees (Dh1,122), full board. Doubles at Fort Begu cost from 10,000 rupees (Dh565), including breakfast.
The tours 
Amar Grover travelled with Wild Frontiers. A tailor-made, nine-day itinerary via New Delhi, with one night in Tijara and two nights in each of the remaining properties, including car/driver, costs from £1,445 (Dh6,968) per person.

Match info

Australia 580
Pakistan 240 and 335

Result: Australia win by an innings and five runs

THE BIO:

Favourite holiday destination: Thailand. I go every year and I’m obsessed with the fitness camps there.

Favourite book: Born to Run by Christopher McDougall. It’s an amazing story about barefoot running.

Favourite film: A League of their Own. I used to love watching it in my granny’s house when I was seven.

Personal motto: Believe it and you can achieve it.

Updated: January 24, 2023, 4:30 AM