A tranquil October morning at Jumeirah Golf Estates could not feel any further removed from the boisterous Marco Simone Golf and Country Club less than three weeks previously, but Tommy Fleetwood seems just as enraptured here as he did there.
It helps, obviously, that his name is above the door. It’s been almost a year since the European Ryder Cup star launched his Tommy Fleetwood Academy on this very spot and, as a local resident since too, he’s well positioned to plot its progress.
In fact, living on site, Fleetwood drops in regularly. That is, whenever he’s not competing around the world as one of the game’s foremost golfers.
“Of course, my name is on the academy, and I have a leadership role to play in it,” Fleetwood tells The National. “But I actually just enjoy being alongside everybody else that's kind of chasing their dreams. Because I'm trying to get better every day, and I'm still chasing my dream.
“So, that is the coolest part of it. I love it being that way.”
It applies to the Fleetwood family, also. Not far from view, youngest son Franklin (he goes by “Frankie”) is on the range, golf club in hand, displaying the sort of carefree approach to the sport that any six-year-old would.
“It's very special,” Fleetwood says. “I watch how much he enjoys the game. Take today, for instance: he came here at nine o'clock and he's been practicing for three hours now.
“Watching other kids as well, either similar age to him or a bit older, all enjoying it, all spending time together, is great. It’s something that means a lot to me, for sure.
“I look at him and the others, and there's so many similarities with my childhood. And I have a lot to give, in terms of helping them along the way, if they want to.”
The eponymous academy, Fleetwood’s only outside the one in his hometown of Southport, England, was inaugurated last November in partnership with DP World, the title sponsors of Europe’s lead professional circuit.
Fleetwood, a six-time winner on tour and still fresh from securing the decisive point earlier this month that sealed Europe the Ryder Cup, is clearly proud of what’s been accomplished with the project this past 12 months.
“For myself and [wife and manager] Clare, we’ve always had a strong vision for what I see for the Tommy Fleetwood Academy,” he says. “How I see it progressing and how I want to use the game to support people, develop people, develop their skills, and hopefully grow the game in that sense.
“And having the opportunity to be here at Jumeirah Golf Estates [JGE] - the facilities are incredible – with DP World and their vision has aligned really, really well.
“I can't believe it's been a year. Seeing the place progressively grow, it's just really cool. We live here, and I get to see it day by day, which is amazing being around it, and something that you have such pride in. I'm so grateful to everybody that's been involved.”
Everybody would dream of having to hole a winning putt for the Ryder Cup, or hitting a shot, and I've definitely pictured it thousands of times when practising.
Tommy Fleetwood
Fleetwood, currently ranked No 15 in the world, can often be found at the academy, chewing the fat with its coaching team, giving advice to aspiring golfers, or even partaking in a chipping contest or two.
“I just like that everybody is part of the community that is trying to grow together and support each other,” he says.
The academy caters for all caibre of golfers, be it beginners, juniors, amateurs or professionals. A significant number of DP World Tour golfers practice there. Inclusion is a key touchstone.
“That’s the exact type of environment we want to create,” Fleetwood says. “Because whether that's today, tomorrow or the next day, everybody's journey is just starting at the same time - it's just you're at different levels.
“But, no matter where you're at, the only job is to try and get better every day. I love seeing people try the game and I get a lot of satisfaction from watching somebody try it, and a week later being hooked. And you know that they’re hooked for the rest of their life.”
Not that he needs it – Fleetwood, 32, is known for his amiable character – but the academy helps one of the world’s lead golfers stay grounded.
“I've been aware for a long time, [that] I try and learn as much as possible,” he says. “So that I can then carry that forward and pass it on and use it to help myself and help others.
“I've always been big on taking in those experiences, writing things down, picking people's brains. And there's a lot of skills involved in that. I've always been very good at asking questions, but that's not a skill that everybody else has.
“That would be just one of the things we try and improve at the academy, and help people develop as many skills as possible that will help them progress, not just in golf, but there's people that dream of other things as well. We're using the game to help people progress.”
Fleetwood’s progression through elite golf has carried him here, to nine professional wins and two successful Ryder Cup campaigns. The most recent, earlier this month near Rome, was extra special: playing in Sunday's penultimate pairing, Fleetwood secured the pivotal point as Europe reclaimed the trophy from the United States, eventually prevailing 16.5 to 11.5.
Most would bask in landing the decisive blow, but Fleetwood has yet to watch back the event, bar the clips doing the rounds on social media.
That moment late on Sunday, though, in the heat of battle and front and centre on the fan-packed, driveable par-4 16th, deserves repeated viewing.
Fleetwood sent a fabulous tee shot onto the green and subsequently won the hole to go dormie two against Rickie Fowler, ensuring the half point that clinched the trophy.
“Everybody dreams of having to hole a winning putt for the Ryder Cup, or hitting a shot," Fleetwood says. "I've definitely pictured it 1,000s of times when I've been practising.
“But actually stood there with the opportunity, one of the things I was most pleased with was, I stood on that tee and I was looking at the green, and the awareness of knowing that I was one good shot away, and what an amazing chance this is to do something memorable that I’ll remember for the rest of my career.
“That was very much at the front of my mind. The shot was great. But being in that moment and how present I was, I'm very proud of that.
“I'm just so happy it came off the middle of the face and it was going straight. That was the main priority. And, after that, I was relieved, and we were good - we were done then.”
No doubt, it made up for 2021, when Fleetwood was part of a losing Ryder Cup side – the first time he experienced both contesting the trophy on US soil, and ultimately, defeat in the competition.
It was chastening, too, with Steve Stricker’s side recording a record 19-9 victory.
Yet the loss, and the manner of it, spurred the Rome rebound.
“You go back to two years ago, it's still so clear in my mind, and I know for the ones that were there, I know we're all the same,” Fleetwood says. “We stood on the 18th green, and you watch the other team celebrating, we've taken a big loss - we got beat pretty badly. We didn't do ourselves justice in terms of our performance.
“A lot of us were upset with that. At that point, you just wanted the opportunity again, you wanted to play straight away, and you know there's two years to wait. But then you want to make sure that you make this team, you want to be a part of trying to get that Ryder Cup back.
“The team aspect of it, it's just as enjoyable. It’s so amazing spending time with those guys and the family that you become, win, lose or draw.
“Winning as a team is much better than losing. But I guess we can all look back, and you never want to get beat, but having something to motivate you as strong as that for us all, was key. But I'd much rather be on the winning side.”
Fleetwood, who claimed three points from a possible four at Marco Simone, has had that pleasure twice. In 2018, upon his Ryder Cup debut and when he reigned as European No 1, the Englishman won all four matches alongside Francesco Molinari in France before losing his singles to Tony Finau.
It mattered little: Europe triumphed 17.5-10.5.
“The Ryder Cup is always the most incredible experience,” Fleetwood says. “Being in the European team room is the best place in golf, and I've loved every experience I've ever had with them. And [this year’s] singles, I suppose I didn't expect to play the role I had in the end.
“I was hoping I wouldn't have to, but then an amazing opportunity and memories for life being able to do that. Just so happy we all got that winning feeling; it seems so special.”
However, for Europe heading into 2023, read US 2025. Unquestionably shaken by their Italian experience, the Americans will be driven by a similar intent to make amends in two years' time, when the event relocates to what should represent a raucous Bethpage Black.
“Absolutely,” Fleetwood says. “But for us, you will find different motivating factors. When the qualification process starts, everybody will want to make that team and go to an away Ryder Cup, especially one that's in New York... enter that cauldron and try and do something very special, which is winning an away Ryder Cup, which is proving very, very difficult at the moment.
“But all of us on this team will want the opportunity again to go and see if we can do something very special and seldom done these days. I would love to make that team and be alongside my teammates again.”
Luke Donald, this month’s victorious captain, has been tipped to lead the team once more in 2025. On Sunday in Italy, once the cup was confirmed, Europe’s players publicly championed their skipper’s candidature for a repeat.
“We’ll see how that goes,” Fleetwood says. “If Luke was to be asked, it's obviously up to Luke and [wife] Diane if they choose they want to do it again.
“But I know anybody on that team would love playing under Luke, because he was such a fantastic captain. We're all very proud to play for him and very proud of the job he did for us.”
Ryder Cup glow not yet dimmed, Fleetwood still has his own job to do in this season’s twilight.
He has two tournaments remaining, returning next month to the Nedbank Golf Challenge in South Africa as defending champion – he is a two-time winner of the event - and then the 2023 Race to Dubai finale: the DP World Tour Championship (DPWTC), at a JGE he now calls home, from November 16-19.
Ten of the 12 players on Team Europe will tee it up at the Earth Course.
Evidently, Fleetwood, who has a runner-up and two third-placed finishes among nine top-10s this year (including the calendar’s latter two majors), has plenty left to play for.
“Definitely,” he says. “I've had a very good year individually. And there's still goals I set that I've fallen short of. But I do believe you have to stretch yourself; I don't mind falling short of high targets.
“There's still two events for me, and there are still goals out there I can achieve. I'm very excited about the events left to play for. There's not much time, but there's still enough for me to achieve some things this year.”
Getting over the line at next month’s DPWTC would surely sate the appetite. Fleetwood was tied 5th there last year; in his best performance, second in 2019, he was denied a play-off by Jon Rahm's birdie on the final hole.
“Yeah, John did me in there,” Fleetwood smiles. “But, obviously living here, my knowledge for the course and history of the course, I have a lot now.
“I've got my picture in the clubhouse with the [2017] Race to Dubai trophy, but I would love that DP World Tour Championship trophy. I'd love to win that and have the support of everybody here. I'll just keep playing and pushing, and we'll see if we can do it.”
Then, with season done, sit back and relive, finally, those memorable moments from Marco Simone.
“I do have to watch it back,” Fleetwood says. “I'm sure there'll be a lot of Christmas viewing. When I get a bit of time and I decide to watch it and take it all in, I'll definitely sit back and enjoy it.
“Because I could play [the 16th on Sunday] all back in my head to be honest. But I'd like to see how everything else panned out as well.”
You wouldn’t, though, begrudge Fleetwood watching that trophy-sealing tee shot on loop.
“Perhaps I could do that one,” he laughs. “Yeah, that was a good one.”
Ryder Cup player ratings
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.”
ETFs explained
Exhchange traded funds are bought and sold like shares, but operate as index-tracking funds, passively following their chosen indices, such as the S&P 500, FTSE 100 and the FTSE All World, plus a vast range of smaller exchanges and commodities, such as gold, silver, copper sugar, coffee and oil.
ETFs have zero upfront fees and annual charges as low as 0.07 per cent a year, which means you get to keep more of your returns, as actively managed funds can charge as much as 1.5 per cent a year.
There are thousands to choose from, with the five biggest providers BlackRock’s iShares range, Vanguard, State Street Global Advisors SPDR ETFs, Deutsche Bank AWM X-trackers and Invesco PowerShares.
Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
The Settlers
Director: Louis Theroux
Starring: Daniella Weiss, Ari Abramowitz
Rating: 5/5
Bundesliga fixtures
Saturday, May 16 (kick-offs UAE time)
Borussia Dortmund v Schalke (4.30pm)
RB Leipzig v Freiburg (4.30pm)
Hoffenheim v Hertha Berlin (4.30pm)
Fortuna Dusseldorf v Paderborn (4.30pm)
Augsburg v Wolfsburg (4.30pm)
Eintracht Frankfurt v Borussia Monchengladbach (7.30pm)
Sunday, May 17
Cologne v Mainz (4.30pm),
Union Berlin v Bayern Munich (7pm)
Monday, May 18
Werder Bremen v Bayer Leverkusen (9.30pm)
Arabian Gulf Cup FINAL
Al Nasr 2
(Negredo 1, Tozo 50)
Shabab Al Ahli 1
(Jaber 13)
Winners
Ballon d’Or (Men’s)
Ousmane Dembélé (Paris Saint-Germain / France)
Ballon d’Or Féminin (Women’s)
Aitana Bonmatí (Barcelona / Spain)
Kopa Trophy (Best player under 21 – Men’s)
Lamine Yamal (Barcelona / Spain)
Best Young Women’s Player
Vicky López (Barcelona / Spain)
Yashin Trophy (Best Goalkeeper – Men’s)
Gianluigi Donnarumma (Paris Saint-Germain and Manchester City / Italy)
Best Women’s Goalkeeper
Hannah Hampton (England / Aston Villa and Chelsea)
Men’s Coach of the Year
Luis Enrique (Paris Saint-Germain)
Women’s Coach of the Year
Sarina Wiegman (England)
Pathaan
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COMPANY%20PROFILE
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The years Ramadan fell in May
Turkish Ladies
Various artists, Sony Music Turkey
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
Profile of Udrive
Date started: March 2016
Founder: Hasib Khan
Based: Dubai
Employees: 40
Amount raised (to date): $3.25m – $750,000 seed funding in 2017 and a Seed round of $2.5m last year. Raised $1.3m from Eureeca investors in January 2021 as part of a Series A round with a $5m target.
Tales of Yusuf Tadros
Adel Esmat (translated by Mandy McClure)
Hoopoe
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
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Key features of new policy
Pupils to learn coding and other vocational skills from Grade 6
Exams to test critical thinking and application of knowledge
A new National Assessment Centre, PARAKH (Performance, Assessment, Review and Analysis for Holistic Development) will form the standard for schools
Schools to implement online system to encouraging transparency and accountability
LOS ANGELES GALAXY 2 MANCHESTER UNITED 5
Galaxy: Dos Santos (79', 88')
United: Rashford (2', 20'), Fellaini (26'), Mkhitaryan (67'), Martial (72')
Non-oil%20trade
%3Cp%3ENon-oil%20trade%20between%20the%20UAE%20and%20Japan%20grew%20by%2034%20per%20cent%20over%20the%20past%20two%20years%2C%20according%20to%20data%20from%20the%20Federal%20Competitiveness%20and%20Statistics%20Centre.%C2%A0%3C%2Fp%3E%0A%3Cp%3EIn%2010%20years%2C%20it%20has%20reached%20a%20total%20of%20Dh524.4%20billion.%C2%A0%3C%2Fp%3E%0A%3Cp%3ECars%20topped%20the%20list%20of%20the%20top%20five%20commodities%20re-exported%20to%20Japan%20in%202022%2C%20with%20a%20value%20of%20Dh1.3%20billion.%C2%A0%3C%2Fp%3E%0A%3Cp%3EJewellery%20and%20ornaments%20amounted%20to%20Dh150%20million%20while%20precious%20metal%20scraps%20amounted%20to%20Dh105%20million.%C2%A0%3C%2Fp%3E%0A%3Cp%3ERaw%20aluminium%20was%20ranked%20first%20among%20the%20top%20five%20commodities%20exported%20to%20Japan.%C2%A0%3C%2Fp%3E%0A%3Cp%3ETop%20of%20the%20list%20of%20commodities%20imported%20from%20Japan%20in%202022%20was%20cars%2C%20with%20a%20value%20of%20Dh20.08%20billion.%3C%2Fp%3E%0A
'Cheb%20Khaled'
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UK%20record%20temperature
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Company%20Profile
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Dengue%20fever%20symptoms
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Porsche Macan T: The Specs
Engine: 2.0-litre 4-cyl turbo
Power: 265hp from 5,000-6,500rpm
Torque: 400Nm from 1,800-4,500rpm
Transmission: 7-speed dual-clutch auto
Speed: 0-100kph in 6.2sec
Top speed: 232kph
Fuel consumption: 10.7L/100km
On sale: May or June
Price: From Dh259,900
Who was Alfred Nobel?
The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.
- In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
- Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
- Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.