Jires Kembo Ekoko, right, the Al Ain forward, caused the Al Nasr defence problems throughout the night as the Pro League champions beat their hosts 2-0 in Dubai. Mike Young / The National
Jires Kembo Ekoko, right, the Al Ain forward, caused the Al Nasr defence problems throughout the night as the Pro League champions beat their hosts 2-0 in Dubai. Mike Young / The National
Jires Kembo Ekoko, right, the Al Ain forward, caused the Al Nasr defence problems throughout the night as the Pro League champions beat their hosts 2-0 in Dubai. Mike Young / The National
Jires Kembo Ekoko, right, the Al Ain forward, caused the Al Nasr defence problems throughout the night as the Pro League champions beat their hosts 2-0 in Dubai. Mike Young / The National

Al Nasr 0 Al Ain 2


John McAuley
  • English
  • Arabic

DUBAI // If only the

could be like this every week.

A heaving crowd at Al Maktoum Stadium lending a raucous tone, the division's preeminent players conducting the tune through speed of thought and fleet of foot, and a couple of strikes worthy of settling even the most meaningful of matches.

In the context of the domestic season, though, perhaps this constituted just that.

and

, the last campaign's two most effective sides, tussled last night for the first time in 2012/13 as the league prepares to call a temporary halt to its frenetic first half.

Perhaps the fixture list was saving the best for last.

Nasr began the match nine points adrift of the defending champions, but there remains the notion

.

That is, if anyone still represents a realistic threat. Goals from Jires Kembo Ekoko and Asamoah Gyan, both brilliant for varying reasons, have catapulted their club into a seemingly unassailable lead.

At seven points clear, outscoring by 17 the second most prolific side in the country, and Gyan already one short of last season's golden boot-winning tally: Al Ain appear to be cruising to an 11th top-flight crown.

"We won a very important game against one of the strongest teams, in my opinion the best defensively organised team," said Cosmin Olaroiu, their coach. "But we took advantage of the opportunities we created.

"I can only congratulate my players for the first part of the championship. I hope they'll keep the same concentration and attitude for the next games."

His opposite number, however, having been quoted last week as saying

could derail Al Ain's title quest, refused the opportunity to again talk up his Garden City counterparts. If he did at all in the first place.

"It's not really my problem, especially when I spoke about this the last time, and what I said was misunderstood and turned around in the opposite way," Zenga said. "So I will not be commenting further."

He did choose to elaborate on the game, insisting Nasr were punished for a single mistake made, Nashat Akram denied a "clear penalty" at 1-0 and Al Ain's second notched by arguably the league's most dangerous forward.

"After that I didn't see much from Al Ain," Zenga said. "But there is no doubt they have a lot of skilled players in attack and one of the best strikers in the league. They paid a lot of money for him and he's proved his worth.

"For Nasr, we will only work towards the next game."

The match was still in its infancy, the confetti still swirling around the ground, when Al Ain cemented their superiority. The ball had squirmed from Giuseppe Mascara's grasp for Kembo Ekoko to pounce, the Frenchman driving at Helal Saeed before bewitching the Nasr defender with a faint and a shimmy and finding the bottom corner of the net.

Yet, despite their advantage, it was the hosts who grew in composure, Leonardo Lima sending a half volley narrowly over before Akram's strong case for a penalty. Then, as Nasr advanced, Al Ain struck the hammer blow. Kembo Ekoko played in

who nudged the ball to Gyan, the Ghanaian unleashing a powerful drive high into the top corner. It was his 21st goal in 13 games.

"He's our player, and we're glad he's our player," said Olaroiu. "But more than that he's a good character. Gyan is the type of player everyone would like to have."

An even second half was punctuated by Abdulrahman and Gyan going close before Mirel Radoi, the Romanian midfielder, tried his luck from the halfway line.

.

The final whistle drew close to the increasing soundtrack of the Al Ain support, who continued the celebrations outside the stadium and presumably long into the night.

Olaroiu, however, would not have led the festivities.

"For us, the [Asian] Champions League is coming up, the Presidents Cup and also the second part of the league," he said. "There are a lot of games, so it won't be easy to keep the same level. That's why we've tried to gain an advantage now.

"But in my opinion the league is not finished. It is a mistake to even think it."

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The major Hashd factions linked to Iran:

Badr Organisation: Seen as the most militarily capable faction in the Hashd. Iraqi Shiite exiles opposed to Saddam Hussein set up the group in Tehran in the early 1980s as the Badr Corps under the supervision of the Iran Revolutionary Guards Corps (IRGC). The militia exalts Iran’s Supreme Leader Ali Khamenei but intermittently cooperated with the US military.

Saraya Al Salam (Peace Brigade): Comprised of former members of the officially defunct Mahdi Army, a militia that was commanded by Iraqi cleric Moqtada Al Sadr and fought US and Iraqi government and other forces between 2004 and 2008. As part of a political overhaul aimed as casting Mr Al Sadr as a more nationalist and less sectarian figure, the cleric formed Saraya Al Salam in 2014. The group’s relations with Iran has been volatile.

Kataeb Hezbollah: The group, which is fighting on behalf of the Bashar Al Assad government in Syria, traces its origins to attacks on US forces in Iraq in 2004 and adopts a tough stance against Washington, calling the United States “the enemy of humanity”.

Asaeb Ahl Al Haq: An offshoot of the Mahdi Army active in Syria. Asaeb Ahl Al Haq’s leader Qais al Khazali was a student of Mr Al Moqtada’s late father Mohammed Sadeq Al Sadr, a prominent Shiite cleric who was killed during Saddam Hussein’s rule.

Harakat Hezbollah Al Nujaba: Formed in 2013 to fight alongside Mr Al Assad’s loyalists in Syria before joining the Hashd. The group is seen as among the most ideological and sectarian-driven Hashd militias in Syria and is the major recruiter of foreign fighters to Syria.

Saraya Al Khorasani:  The ICRG formed Saraya Al Khorasani in the mid-1990s and the group is seen as the most ideologically attached to Iran among Tehran’s satellites in Iraq.

(Source: The Wilson Centre, the International Centre for the Study of Radicalisation)

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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Day 2, Dubai Test: At a glance

Moment of the day Pakistan’s effort in the field had hints of shambles about it. The wheels were officially off when Wahab Riaz lost his run up and aborted the delivery four times in a row. He re-measured his run, jogged in for two practice goes. Then, when he was finally ready to go, he bailed out again. It was a total cringefest.

Stat of the day – 139.5 Yasir Shah has bowled 139.5 overs in three innings so far in this Test series. Judged by his returns, the workload has not withered him. He has 14 wickets so far, and became history’s first spinner to take five-wickets in an innings in five consecutive Tests. Not bad for someone whose fitness was in question before the series.

The verdict Stranger things have happened, but it is going to take something extraordinary for Pakistan to keep their undefeated record in Test series in the UAE in tact from this position. At least Shan Masood and Sami Aslam have made a positive start to the salvage effort.

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