Having collected a third successive gold to help the UAE claim a fourth consecutive championship title at the Jiu-Jitsu Asian Championship, Shamma Al Kalbani is now ready to start a new chapter in the martial arts sport.
She is set to become the first Emirati female to feature in the recently established Abu Dhabi Extreme Championship, an event that brings together both elite Jiu-Jitsu practitioners and grapplers to the cage to compete in the two different competitions in a three-round contest.
The fourth edition of the championship will be held in Paris on May 18 with Al Kalbani, 21, pitted against the French No. 2 Jiu-Jitsu fighter Lina Grosset, 31.
“I’m delighted to win a third successive gold in the Asian Championship and help the UAE top the Jiu-Jitsu medals table for the fourth successive year,” Al Kalbani told The National.
“Every medal that I have won in any competition is a celebration for me and immensely important in helping my country to top the medals table. Tonight, I’m celebrating but tomorrow I’m back in the gym preparing for the ADXC.
“Obviously, it’s a new challenge and a new format inside the cage over three rounds. The surroundings are obviously new but my Jiu-Jitsu remains strong for this contest. I want to go out there and give my best to return with the belt, hopefully.”
In the Asian Championship, Al Kalbani got the better of Bashayer Al Matrooshi in an all-UAE final in the 63-kilogram weight.
She overcame Korean Joo Choi-hee and Azhar Salykova of Kazakhstan in the quarter-final and semi-final, respectively.
“For me, it’s important to keep winning every championship that I take part in and proudly stand on the podium on the background of the nation’s national anthem,” she said when asked of the competition.
“It’s a tough sport and every win must be earned. Sometimes when you step down a level, it may appear to be easy but it is not. I’m just glad it turned out to be an all-Emirati final.”
Al Kalbani made her debut in the continental championship in 2021, winning a bronze. Since then, she has won an Asian Games in Hangzhou 2022 and was the first Emirati to win a medal at the World Games when she bagged two bronze medals in the 63kg and open division in Birmingham, Alabama in July 2021.
“The success I have enjoyed is a combination of the passion I have for Jiu-Jitsu and the unstinting support and encouragement from my family and the federation,” she added.
“These achievements are a reflection of the hard work and obviously the support from our federation, without which I wouldn’t have reached this level and achieved all the successes I have enjoyed so far. I’m really proud to represent the UAE and bring more success for my country.”
Khaled Al Shehhi, who joins Al Kalbani in the ADXC, had to settle for silver in the men’s 62kg weight. He went down to Abdulmalik Al Murdhi in the final.
The UAE topped the medals table with six golds, seven silvers and five bronze. Korea finished second on three golds, one silver and five bronze, and Mongolia in third on 2-2-1. Kazakhstan, Saudi Arabia and Bahrain returned with a gold each.
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UAE currency: the story behind the money in your pockets
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German intelligence warnings
- 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
- 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
- 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250
Source: Federal Office for the Protection of the Constitution
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Name: Yousef Al Bahar
Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994
Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers
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TOURNAMENT INFO
Women’s World Twenty20 Qualifier
Jul 3- 14, in the Netherlands
The top two teams will qualify to play at the World T20 in the West Indies in November
UAE squad
Humaira Tasneem (captain), Chamani Seneviratne, Subha Srinivasan, Neha Sharma, Kavisha Kumari, Judit Cleetus, Chaya Mughal, Roopa Nagraj, Heena Hotchandani, Namita D’Souza, Ishani Senevirathne, Esha Oza, Nisha Ali, Udeni Kuruppuarachchi
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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