Abu Dhabi Ocean Racing team celebrates with the Volvo OCean Race trophy. Jonathan Nackstrand / AFP
Abu Dhabi Ocean Racing team celebrates with the Volvo OCean Race trophy. Jonathan Nackstrand / AFP
Abu Dhabi Ocean Racing team celebrates with the Volvo OCean Race trophy. Jonathan Nackstrand / AFP
Abu Dhabi Ocean Racing team celebrates with the Volvo OCean Race trophy. Jonathan Nackstrand / AFP

Abu Dhabi’s Volvo Ocean Race triumph leads to renewed sailing interest in Gulf region


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The historic Volvo Ocean Race (VOR) triumph of Abu Dhabi Ocean Racing’s Azzam could prove a seminal moment for sailing in the region.

Though the UAE’s maritime tradition has always been strong, Azzam becoming the first boat from the Arab world to win the world’s longest ocean sailing race has sparked renewed interest in sailing across the region.

It could lead to another entry from the Arabian Gulf in the next VOR in 2016/17, according to the race’s chief executive, Knut Frostad.

“Yes, there is interest from the Gulf,” Frostad said. “I can’t say exactly who they are but there is interest.

“I’m always very sober when it comes to teams and potential because it’s easy to paint a rosy picture and say we have 100 teams to do the race and for everyone to think that is 100 boats.

MORE FROM VOLVO OCEAN RACE

“Having an interest and making a serious effort is different, but I can say in the Gulf there is some serious efforts going on right now. That is very positive, still a long way to go, but very positive.”

Oman Sail is likely to be one of those keen to get involved, given they already have a well-developed and extensive sailing programme, which includes a women’s programme that was launched in 2011.

Officials from Oman Sail were present during the Abu Dhabi stopover last December, presumably to develop an idea of how such an event runs.

Sidney Gavignet, the French sailor who skippers the Sultanate of Oman’s MOD70 trimaran, Musandam-Oman Sail, also sailed leg seven of the VOR with Dongfeng Race Team.

Frostad was keen to stress the vast distance there is between expressing an interest in entering the race and actually having a boat on the start line.

“A lot of efforts in general are made at this stage of a race, a lot of people have contacted us saying they want to do the VOR,” Frostad said. “We want to see who is serious, who is willing to make the effort and understand what kind of job it is to put the project together.

“It is a very big job, not something you do in the afternoon, something you do full-time.”

This year’s race, Frostad said, was on course to record greater public participation and attendance than the previous race in 2012/13. In particular he cited the turnout in Auckland and Newport; last weekend during a pit-stop in The Hague, 70,000 people turned up in the race village on the day the race resumed.

Abu Dhabi’s stopover was another success. “The Abu Dhabi stopover was a great event,” Frostad said. “It’s always a very good partner to work with when it comes to creating events because they always want to do very high-quality events.

“The look and feel of the stopover was amazing, with a very strong local flavour as well. With Azzam’s win, I think the interest in Abu Dhabi has never been higher in the race than it is now. It’s been great to work with them and I’m pleased that after working with them over the years they have managed to win the race as well. It’s a great achievement.”

The future of the Abu Dhabi Ocean Racing (Ador) team, which ran Azzam, is not yet clear.

Frostad has been in discussions with “almost all” the current boat sponsors about continuing their association into the next race. He is hoping to secure a few commitments by the end of the year.

They are also building another construction centre where three more boats of the same design will be built to add to the existing fleet. The target for the next race is to have 10 teams.

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MOUNTAINHEAD REVIEW

Starring: Ramy Youssef, Steve Carell, Jason Schwartzman

Director: Jesse Armstrong

Rating: 3.5/5

How to keep control of your emotions

If your investment decisions are being dictated by emotions such as fear, greed, hope, frustration and boredom, it is time for a rethink, Chris Beauchamp, chief market analyst at online trading platform IG, says.

Greed

Greedy investors trade beyond their means, open more positions than usual or hold on to positions too long to chase an even greater gain. “All too often, they incur a heavy loss and may even wipe out the profit already made.

Tip: Ignore the short-term hype, noise and froth and invest for the long-term plan, based on sound fundamentals.

Fear

The risk of making a loss can cloud decision-making. “This can cause you to close out a position too early, or miss out on a profit by being too afraid to open a trade,” he says.

Tip: Start with a plan, and stick to it. For added security, consider placing stops to reduce any losses and limits to lock in profits.

Hope

While all traders need hope to start trading, excessive optimism can backfire. Too many traders hold on to a losing trade because they believe that it will reverse its trend and become profitable.

Tip: Set realistic goals. Be happy with what you have earned, rather than frustrated by what you could have earned.

Frustration

Traders can get annoyed when the markets have behaved in unexpected ways and generates losses or fails to deliver anticipated gains.

Tip: Accept in advance that asset price movements are completely unpredictable and you will suffer losses at some point. These can be managed, say, by attaching stops and limits to your trades.

Boredom

Too many investors buy and sell because they want something to do. They are trading as entertainment, rather than in the hope of making money. As well as making bad decisions, the extra dealing charges eat into returns.

Tip: Open an online demo account and get your thrills without risking real money.

Abu%20Dhabi%E2%80%99s%20Racecard
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The lowdown

Badla

Rating: 2.5/5

Produced by: Red Chillies, Azure Entertainment 

Director: Sujoy Ghosh

Cast: Amitabh Bachchan, Taapsee Pannu, Amrita Singh, Tony Luke

The specs: 2017 Maserati Quattroporte

Price, base / as tested Dh389,000 / Dh559,000

Engine 3.0L twin-turbo V8

Transmission Eight-speed automatic

Power 530hp @ 6,800rpm

Torque 650Nm @ 2,000 rpm

Fuel economy, combined 10.7L / 100km

Haircare resolutions 2021

From Beirut and Amman to London and now Dubai, hairstylist George Massoud has seen the same mistakes made by customers all over the world. In the chair or at-home hair care, here are the resolutions he wishes his customers would make for the year ahead.

1. 'I will seek consultation from professionals'

You may know what you want, but are you sure it’s going to suit you? Haircare professionals can tell you what will work best with your skin tone, hair texture and lifestyle.

2. 'I will tell my hairdresser when I’m not happy'

Massoud says it’s better to offer constructive criticism to work on in the future. Your hairdresser will learn, and you may discover how to communicate exactly what you want more effectively the next time.

3. ‘I will treat my hair better out of the chair’

Damage control is a big part of most hairstylists’ work right now, but it can be avoided. Steer clear of over-colouring at home, try and pursue one hair brand at a time and never, ever use a straightener on still drying hair, pleads Massoud.

Sunday's games

All times UAE:

Tottenham Hotspur v Crystal Palace, 4pm

Manchester City v Arsenal, 6.15pm

Everton v Watford, 8.30pm

Chelsea v Manchester United, 8.30pm

INFO

Visit www.wtatennis.com for more information

 

SPECS
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%206-cylinder%203-litre%2C%20with%20petrol%20and%20diesel%20variants%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E8-speed%20automatic%3Cbr%3E%3Cstrong%3EPower%3A%3C%2Fstrong%3E%20286hp%20(petrol)%2C%20249hp%20(diesel)%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E450Nm%20(petrol)%2C%20550Nm%20(diesel)%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EStarting%20at%20%2469%2C800%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENow%3C%2Fp%3E%0A
Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
Washmen Profile

Date Started: May 2015

Founders: Rami Shaar and Jad Halaoui

Based: Dubai, UAE

Sector: Laundry

Employees: 170

Funding: about $8m

Funders: Addventure, B&Y Partners, Clara Ventures, Cedar Mundi Partners, Henkel Ventures