Amir Khan, right, celebrates his light-welterweight unification bout victory against Zab Judah with his trainer Freddie Roach.
Amir Khan, right, celebrates his light-welterweight unification bout victory against Zab Judah with his trainer Freddie Roach.

Amir Khan eyes Floyd Mayweather to become next pound-for-pound king



LAS VEGAS // Amir Khan is prepared to fight anyone as he continues his quest to be recognised as the next pound-for-pound king.

Khan took another step towards claiming boxing's most prestigious accolade when he became unified light-welterweight champion with a fifth-round stoppage of Zab Judah at the Mandalay Bay Events Centre.

Accusations made by the veteran American southpaw Judah that the knockout blow was low — replays suggested it was legitimate — failed to take the shine off a masterful display from the 24-year-old.

Judah was viewed as dangerous opponent capable of causing an upset, but he was outboxed and bullied by his younger rival and seemed to be looking for a way out from an early stage.

It was a highly impressive display from Khan, whose stock continues to rise on this side of the Atlantic.

"I'll fight anyone and there are some big names out there for me. I'll take a look at the shortlist," said Khan.

"My aim is to move up the pound-for-pound rankings and to one day be pound-for-pound champion. I want to be the best fighter in the world.

"I'm still a fight or two away from there yet. At 25 I'll fight at 147 pounds and see where we go from there. We just keep on collecting titles, that's what we want to do. I'm only 24 and there's a lot of improvement to come."

Adding Judah's IBF title to his own WBA belt proved surprisingly easy as a fighter who had mixed it among the best of his era — including Floyd Mayweather and Kostya Tszyu — was picked apart.

Judah was fazed by the hand speed and aggression of his opponent, who marched forward with intent throughout a dominant performance.

The straight left, Judah's most dangerous shots, was hardly seen thanks to Khan's movement.

The punch stats showed Kahn landed 61 times to Judah's 20 and by the fifth he had won each round on all three of the judges' scorecards.

When the end came it was shrouded in controversy with Judah, his left eye swollen and nose bleeding, claiming he had been felled by a low blow.

Locked in a tangle, Khan spotted an opening and drove a right uppercut through the middle that landed just above the waistline of the shorts.

The American went down and was counted out by referee Vic Drakulich with 13 seconds of the round remaining, resulting in jeers from his disgruntled supporters.

Khan, however, was content he had ended the contest legitimately.

"I don't think it was a low blow. It was a clean shot and the referee was there," he said. "In my eyes it was a clean shot, just above the belt. Zab took the shot.

"It was a very hard shot and we'd been working on the shot throughout our camp. It happened naturally, I fired the uppercut and it worked for me."

He added: "I felt sharp. The game plan was to keep away from Zab's powerful back hand, so we always had to move from it and we did that well.

"Zab's very awkward, at times I was missing him and he's one of the quickest fighters I've faced. I still think he's got a lot in the tank, he'll still win a world title."

Judah thought Drakulich's count was to give him time to recover from the low blow and only realised his error when it was too late.

He had absorbed a barrage of punches before the crucial punch landed and the lack of passion evident when later making his case suggested that he was happy enough the fight was over.

"I don't make any excuses but that was a low shot," he said. "I went down and the referee was counting, I figured he was counting for a low blow - the eight count to get myself together.

"But when I heard him say 'nine, 10, it's over' I said, 'what do you mean it's over, it's a low blow'.

"We'll have the right people take a look at it. But Khan fought a good fight."

The manner of victory has taken Khan closer to his dream showdown with Floyd Mayweather — pencilled in for late next year — and the Olympic silver medallist is inspired by the prospect.

"The Mayweather fight is something I'm looking at the for the future and it would be huge for me. It would drive me on," he said.

"I've got the speed and the skills and with [trainer] Freddie Roach polishing me up a little more, it's a fight we can win."

Race card

5.30pm: Maiden (TB) Dh82,500 (Turf) 1,400m

6.05pm: Handicap (TB) Dh87,500 (T) 1,400m

6.40pm: Handicap (TB) Dh105,000 (Dirt) 1,400m

7.15pm: Handicap (TB) Dh105,000 (T) 1,200m

7.50pm: Longines Stakes – Conditions (TB) Dh120,00 (D) 1,900m

8.25pm: Zabeel Trophy – Rated Conditions (TB) Dh120,000 (T) 1,600m

9pm: Handicap (TB) Dh105,000 (T) 2,410m

9.35pm: Handicap (TB) Dh92,500 (T) 2,000m

THE BIO

Born: Mukalla, Yemen, 1979

Education: UAE University, Al Ain

Family: Married with two daughters: Asayel, 7, and Sara, 6

Favourite piece of music: Horse Dance by Naseer Shamma

Favourite book: Science and geology

Favourite place to travel to: Washington DC

Best advice you’ve ever been given: If you have a dream, you have to believe it, then you will see it.

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.”

FIGHT CARD

Anthony Joshua v Otto Wallin, 12 rounds, heavyweight

Deontay Wilder v Joseph Parker, 12 rounds, heavyweight

Dmitry Bivol v Lyndon Arthur, 12 rounds, light heavyweight

Daniel Dubois v Jarrell Miller, 12 rounds, heavyweight

Filip Hrgovic v Mark de Mori, 12 rounds, heavyweight 

Arslanbek Makhmudov v Agit Kabayel, 12 rounds, heavyweight 

Frank Sanchez v Junior Fa, 12 rounds, heavyweight 

Jai Opetaia v Ellis Zorro, 12 rounds, cruiserweight

Bridgerton season three - part one

Directors: Various

Starring: Nicola Coughlan, Luke Newton, Jonathan Bailey

Rating: 3/5

The specs: 2018 BMW R nineT Scrambler

Price, base / as tested Dh57,000

Engine 1,170cc air/oil-cooled flat twin four-stroke engine

Transmission Six-speed gearbox

Power 110hp) @ 7,750rpm

Torque 116Nm @ 6,000rpm

Fuel economy, combined 5.3L / 100km

The years Ramadan fell in May

1987

1954

1921

1888

Results

Stage 7:

1. Caleb Ewan (AUS) Lotto Soudal - 3:18:29

2. Sam Bennett (IRL) Deceuninck-QuickStep - same time

3. Phil Bauhaus (GER) Bahrain Victorious

4. Michael Morkov (DEN) Deceuninck-QuickStep

5. Cees Bol (NED) Team DSM

General Classification:

1. Tadej Pogacar (SLO) UAE Team Emirates - 24:00:28

2. Adam Yates (GBR) Ineos Grenadiers - 0:00:35

3. Joao Almeida (POR) Deceuninck-QuickStep - 0:01:02

4. Chris Harper (AUS) Jumbo-Visma - 0:01:42

5. Neilson Powless (USA) EF Education-Nippo - 0:01:45

Company Profile

Company name: Namara
Started: June 2022
Founder: Mohammed Alnamara
Based: Dubai
Sector: Microfinance
Current number of staff: 16
Investment stage: Series A
Investors: Family offices

COMPANY PROFILE

Company: Eco Way
Started: December 2023
Founder: Ivan Kroshnyi
Based: Dubai, UAE
Industry: Electric vehicles
Investors: Bootstrapped with undisclosed funding. Looking to raise funds from outside


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