Australia's gain helps ease Ashes pain



Their successful defence of the Champions Trophy title in South Africa went some way to easing the hurt of their summer Ashes defeat, according to the Australia captain Ricky Ponting. The Aussies bounced back after losing the Test series in England, first with a 6-1 demolition of the same side in the 50-over sphere, then with their six-wicket final success over New Zealand in Centurion late on Monday.

"We've had our ups and downs over the past five months as well, but to finish off the way we have here and to win the tournament the way we have, there'll be some big celebrations I'm sure," Ponting said. "It's the second-biggest one-day tournament that you play, there's nothing else outside a World Cup, so it's a very special achievement." Shane Watson was the hero of the final triumph, reaching his century with successive sixes off the last two balls.

"We needed discipline at the start," said Watson, whose unbeaten 105 took Australia past the target of 201 with almost five overs to spare. "It was hard to score and even to survive in the beginning. I knew if I could be around in the 40th over, we'd have a chance of winning." The Australians beat the English by nine wickets in the semis - following a 6-1 series win in England last month - and were hot favourites to become the first team to retain the title. The victory comes after a difficult 12 months for Australia, which has lost Test series to India, South Africa and in England and slumped from No 1 to No 4 in the Test rankings with a young, inexperienced squad.

By winning the Champions Trophy - the second most important ODI tournament in the International Cricket Council's programme - Australia ensured they will retain their status at the top limited-overs line-up. "We've been bringing younger, fresher faces into the side," Ponting said, "and two of them [the other being Cameron White who scored 62 runs] saw us home. They handled the situation very well.

"I'm ecstatic. To win a tournament as big as this one is great reward for all the guys, whether it's coaches or players who have been around the group." New Zealand were underdogs from the start, even before losing their captain Daniel Vettori just before the match through a hamstring injury. The stand-in captain Brendon McCullum suffered more than most, falling early for a duck then later dropping a catch off White which proved crucial.

The returning fast bowlers Shane Bond and Kyle Mills had given the New Zealanders a chance after dismissing Ponting and Tim Paine early, but Watson was not to be deterred. "It was a fantastic effort [from Mills and Bond], but in the end we didn't have enough runs on the board, said McCullum. "We came together as a group throughout the tournament. But Australia were brilliant today." pradley@thenational.ae

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Started: 2022
Founders: Hamza Iraqui and Abdessamad Ben Zakour
Based: UAE
Industry: Refurbished electronics
Funds raised so far: $10m
Investors: Flat6Labs, Resonance and various others

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Company name: ASI (formerly DigestAI)

Started: 2017

Founders: Quddus Pativada

Based: Dubai, UAE

Industry: Artificial intelligence, education technology

Funding: $3 million-plus

Investors: GSV Ventures, Character, Mark Cuban

Founders: Ines Mena, Claudia Ribas, Simona Agolini, Nourhan Hassan and Therese Hundt

Date started: January 2017, app launched November 2017

Based: Dubai, UAE

Sector: Private/Retail/Leisure

Number of Employees: 18 employees, including full-time and flexible workers

Funding stage and size: Seed round completed Q4 2019 - $1m raised

Funders: Oman Technology Fund, 500 Startups, Vision Ventures, Seedstars, Mindshift Capital, Delta Partners Ventures, with support from the OQAL Angel Investor Network and UAE Business Angels

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Director:Guillermo del Toro

Stars:Bradley Cooper, Cate Blanchett, Rooney Mara

Rating: 3/5

Milestones on the road to union

1970

October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar. 

December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.

1971

March 1:  Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.

July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.

July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.

August 6:  The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.

August 15: Bahrain becomes independent.

September 3: Qatar becomes independent.

November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.

November 29:  At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.

November 30: Despite  a power sharing agreement, Tehran takes full control of Abu Musa. 

November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties

December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.

December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.

December 9: UAE joins the United Nations.

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Starring: Prabhas, Saswata Chatterjee, Deepika Padukone, Amitabh Bachchan, Shobhana

Rating: ★★★★

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Transmission: 7-speed PDK
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Console: PlayStation 2 to 5
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Founder: Siddiq Farid and Musfique Ahmed
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Investment stage: Series A
Investors: Various institutional investors and notable angel investors (500 MENA, Shurooq, Mada, Seedstar, Tricap)

Tips for newlyweds to better manage finances

All couples are unique and have to create a financial blueprint that is most suitable for their relationship, says Vijay Valecha, chief investment officer at Century Financial. He offers his top five tips for couples to better manage their finances.

Discuss your assets and debts: When married, it’s important to understand each other’s personal financial situation. It’s necessary to know upfront what each party brings to the table, as debts and assets affect spending habits and joint loan qualifications. Discussing all aspects of their finances as a couple prevents anyone from being blindsided later.

Decide on the financial/saving goals: Spouses should independently list their top goals and share their lists with one another to shape a joint plan. Writing down clear goals will help them determine how much to save each month, how much to put aside for short-term goals, and how they will reach their long-term financial goals.

Set a budget: A budget can keep the couple be mindful of their income and expenses. With a monthly budget, couples will know exactly how much they can spend in a category each month, how much they have to work with and what spending areas need to be evaluated.

Decide who manages what: When it comes to handling finances, it’s a good idea to decide who manages what. For example, one person might take on the day-to-day bills, while the other tackles long-term investments and retirement plans.

Money date nights: Talking about money should be a healthy, ongoing conversation and couples should not wait for something to go wrong. They should set time aside every month to talk about future financial decisions and see the progress they’ve made together towards accomplishing their goals.

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Biog

Mr Kandhari is legally authorised to conduct marriages in the gurdwara

He has officiated weddings of Sikhs and people of different faiths from Malaysia, Sri Lanka, Russia, the US and Canada

Father of two sons, grandfather of six

Plays golf once a week

Enjoys trying new holiday destinations with his wife and family

Walks for an hour every morning

Completed a Bachelor of Commerce degree in Loyola College, Chennai, India

2019 is a milestone because he completes 50 years in business

 

EA Sports FC 24

Developer: EA Vancouver, EA Romania
Publisher: EA Sports
Consoles: Nintendo Switch, PlayStation 4&5, PC and Xbox One
Rating: 3.5/5

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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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Four scenarios for Ukraine war

1. Protracted but less intense war (60% likelihood)

2. Negotiated end to the conflict (30%)

3. Russia seizes more territory (20%)

4. Ukraine pushes Russia back (10%)

Forecast by Economist Intelligence Unit

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Starring: Nour Al Ghandour, Mahmoud Boushahri

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