Brigid Kosgei broke the women’s course record while Amare Hailemichael Samson became the first male competitor outside Kenya to win the title in the fifth Adnoc Abu Dhabi Marathon on Saturday.
Tokyo Olympics silver medallist Kosgei crossed the line in two hours, 19 minutes and 15 seconds to better the mark set by Bahraini Eunice Chumba - 2:20:41 - in the elite women’s race last year.
Kosgei finished ahead of the Ethiopian pair of Hawi Feysa Gejia and Sintayehu Dessi as she aims to make it on the Kenyan national team for the 2024 Paris Olympics.
Sharing the honours on the day was Samson, who ended Kenyan stranglehold in the men’s event.
The Eritrean clocked two hours, seven minutes and 10 seconds to come home clear of Kenya's Leonard Barsoton (2:09:37) and Turkey’s Ilham Ozbilan (2:10:16).
Kosgei, 29, took home the $50,000 winner's cheque and the bonus $30,000 for breaking the course record.
“This was my first time in Abu Dhabi. My aim from the outset was to win this race. Now I have done in a course record time, and I want to come back next year to defend my title,” she said.
“Obviously, I’m very happy with my performance because I was returning from an injury. It was a bit windy and humid which made it a bit difficult but overall, I’m very pleased with how the race panned out for me.”
Kosgei was returning just over a month after finishing fourth in the New York Marathon.
She had the Abu Dhabi title virtually in the bag after pulling clear of the pack after the 30km mark.
“I had something to prove after New York and I’m really happy it all turned out well for me,” she said.
“I loved the crowd here in Abu Dhabi. A lot of people lined up in the streets to cheer me throughout the race and that encouraged and motivated me more to win this race.
“There was a crosswind that made it a bit hard. Sometimes the wind was behind us and sometimes we had to run against it. So, it wasn’t ideal.”
Kosgei pointed out that while the win and the record time she achieved in Abu Dhabi will be important, it does not guarantee her place in the three-member Kenyan marathon team for Paris in July.
“Kenya has strong marathon runners and it’s not easy to get into the final three,” Kosgei said.
“If I’m selected, it would be really great for me to compete in my second Olympics. If not, I will concentrate on the other major marathons.”
Results
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Kosgei has won five major marathons - the 2018 and 2019 Chicago Marathons, the 2019 and 2020 London Marathons and the 2021 Tokyo Marathon.
She held the marathon world record for women (2:14:04), which was achieved in October 2019 at the Chicago Marathon before it was bettered by Ethiopia's Tigst Assefa (2:11:53) at the Berlin Marathon in September.
Meanwhile, Samson was delighted with his first major marathon victory.
“It was my first marathon and to come and win this is a big result for me,” he said.
“To be honest, I didn’t expect this result. I wanted to run my race and kept pace with the leading group. I thought I had a chance from about 10km of the race to go. This is my biggest career win and I’m so happy.”
More than 23,000 runners took part in the Abu Dhabi Marathon across various distances, including the 10k, 5k, 2.5k, and wheelchair race for people of determination.
The more serious side of specialty coffee
While the taste of beans and freshness of roast is paramount to the specialty coffee scene, so is sustainability and workers’ rights.
The bulk of genuine specialty coffee companies aim to improve on these elements in every stage of production via direct relationships with farmers. For instance, Mokha 1450 on Al Wasl Road strives to work predominantly with women-owned and -operated coffee organisations, including female farmers in the Sabree mountains of Yemen.
Because, as the boutique’s owner, Garfield Kerr, points out: “women represent over 90 per cent of the coffee value chain, but are woefully underrepresented in less than 10 per cent of ownership and management throughout the global coffee industry.”
One of the UAE’s largest suppliers of green (meaning not-yet-roasted) beans, Raw Coffee, is a founding member of the Partnership of Gender Equity, which aims to empower female coffee farmers and harvesters.
Also, globally, many companies have found the perfect way to recycle old coffee grounds: they create the perfect fertile soil in which to grow mushrooms.
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
How much sugar is in chocolate Easter eggs?
- The 169g Crunchie egg has 15.9g of sugar per 25g serving, working out at around 107g of sugar per egg
- The 190g Maltesers Teasers egg contains 58g of sugar per 100g for the egg and 19.6g of sugar in each of the two Teasers bars that come with it
- The 188g Smarties egg has 113g of sugar per egg and 22.8g in the tube of Smarties it contains
- The Milky Bar white chocolate Egg Hunt Pack contains eight eggs at 7.7g of sugar per egg
- The Cadbury Creme Egg contains 26g of sugar per 40g egg
COMPANY%20PROFILE
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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.”
Tell Me Who I Am
Director: Ed Perkins
Stars: Alex and Marcus Lewis
Four stars
Stage results
1. Julian Alaphilippe (FRA) Deceuninck-QuickStep 4:39:05
2. Michael Matthews (AUS) Team BikeExchange 0:00:08
3. Primoz Roglic (SLV) Jumbo-Visma same time
4. Jack Haig (AUS) Bahrain Victorious s.t
5. Wilco Kelderman (NED) Bora-Hansgrohe s.t
6. Tadej Pogacar (SLV) UAE Team Emirates s.t
7. David Gaudu (FRA) Groupama-FDJ s.t
8. Sergio Higuita Garcia (COL) EF Education-Nippo s.t
9. Bauke Mollema (NED) Trek-Segafredo s.t
10. Geraint Thomas (GBR) Ineos Grenadiers s.t
Results
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