Women’s T20 World Cup: India celebrate Dubai International Stadium’s century with win over Pakistan


Paul Radley
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It feels appropriate, given both the city and the format, that Dubai International Stadium barely had much time to celebrate its 100th T20 international before cracking straight on with the next project.

The 25,000-capacity ground in Sports City had the perfect occasion with which to bring up its century: India v Pakistan in a Women’s T20 World Cup.

Such is the rapid advance of this place that it had about 45 minutes to toast a job well done, before it was followed by its 101st.

Fairy cakes with a neat image of the ground and its distinctive “ring of fire” floodlights were handed round. They needed to be scoffed quickly before they went out of date.

So much has changed since Pakistan’s men inaugurated Dubai’s first international cricket ground with a series against Australia back in May 2009.

Women did not even have a T20 World Cup of their own at that precise point in time. Their first one started 35 days later in England.

Now the female game is so popular that the stands in Dubai were pulsing for the city’s first meeting between the two great subcontinental rivals.

In the areas of the stadium that were shaded, at least, it was packed. The attendance of around 16,000 was the largest for any league fixture in a Women’s World Cup to date.

And it was thought back in 2009 that major fixtures in the UAE needed Shahid Afridi to be playing in them to attract a crowd.

The former Pakistan all-rounder was the player of the match in the first one-day international the ground staged, then he shared the same award with Umar Gul in its opening T20 game.

There have been 92 men’s T20Is, and now – with the West Indies v Scotland match following the Asian derby in the second match of Sunday’s double header – nine women’s ones.

And it goes without saying that even Afridi could not draw a crowd quite as well as an India v Pakistan fixture.

The Pakistan women’s team have some all-round stars of their own now, inspired perhaps by Afridi and Co, as well as certainly the likes of Sana Mir, the former captain who is here to commentate on this competition.

Fatima Sana, their captain and all-rounder, did her best to inspire her side in thought and deed. She played a brisk, if short-lived, cameo with the bat as Pakistan posted 105 for eight from their 20 overs.

She then took two for 23 with the ball, both wickets in consecutive balls, but the resurgent Indians forced a six-wicket win to help get themselves back into the tournament.

“I suggested everyone enjoy being in the field because we all know that the Indian support is a lot there, and the whole crowd is totally supporting them,” Fatima Sana said. “But the whole team was enjoying being there and they performed according to that.”

Arundhati Reddy was named player of the match after taking three wickets for 19 for India. She said the side were inspired by the support they got – which was the vast majority of the crowd.

“There were a lot of Indians supporting us and we could feel it just driving into the stadium today,” Reddy said. “We hope they keep cheering for us.”

While the win, secured with an over to spare, was well received by the supporters, India still have much to do to earn a place in the semi-final.

Their opening day thrashing by New Zealand means they still have a significant run rate deficit, with matches still to play against Australia and Sri Lanka.

“We understand net run rate is important but also winning the game is all the more important for us,” Redd said.

“Net run rate will be in play especially in this group. The main thing was to finish the game, but we’ve discussed it. And we’re looking forward to improving on it in the next few games.”

Furthermore, there is a concern over the fitness of their captain, Harmanpreet Kaur. The Indians were within one blow of victory when Kaur went down with a neck injury in an innocuous incident.

She was unable to continue, and had to retire hurt on 29 from 24 deliveries. Sajeevan Sajana came to the wicket and promptly hit the first ball she faced for the winning runs.

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.”

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Fixtures:
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THE SPECS

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Transmission: 8-speed dual-clutch auto

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