Anthony Joshua felt Tyson Fury was just one round away from beating Oleksandr Usyk in the pair’s heavyweight world title rematch in Riyadh.
Taking up the role of unofficial scorer for broadcaster Dazn, Joshua had the contest a lot closer than the ringside judges. Gerardo Martinez, Patrick Morley and Ignacio Robles all scored the contest 116-112, or eight rounds to four, in favour of Usyk.
But Joshua, who lost twice to the Ukrainian in world title fights, had the bout 115-114 in Usyk's favour, meaning Fury was only one round away from turning the tables on Joshua's scorecard. After the official verdict was announced, Joshua posted a Ukrainian flag to his Instagram account accompanied by the word “respect”.
Joshua wasn't alone in seeing a closer contest than the ringside judges.
Former undisputed champion Lennox Lewis felt Fury could feel aggrieved by Usyk's winning margin. The beaten Fury described the result as an “early Christmas present” for Usyk.
“I didn't score it, but it was close. [Fury] should have got more rounds in there,” former champion Lewis told the BBC.
“It was a good fight. I would have liked to have seen Tyson be a little bit more aggressive and go after Usyk a bit more. He won the first fight so it was up to Tyson to go after him and make sure he wins the second fight.
“Fury will feel he won the fight, I thought he could have done more work. Usyk was hitting him to the body a few times, giving him free shots. Those are scoring points and I guess that’s what the judges were looking at.”
Usyk's compatriot, the former champion Wladimir Klitschko, cut a delighted figure at ringside. Klitschko lost to Fury back in 2016, and he said he never had any doubts Usyk would repeat his victory from earlier this year.
“As I previously said and mentioned in other interviews, there was going to be repetition,” said Klitschko. “That’s what I expected to happen.
“Repetition of the first match is what I expected and it was exactly that. Oleksandr is a true legend and a champion. We are so lucky to have him in Ukraine.”
Usyk's promoter Alex Krassyuk was in full agreement with the scoring and felt Fury was lucky to have been given four rounds.
“I had Fury three or four rounds,” he said. “The judges gave him four. That's the fairest score it could be.”
Joshua's promoter Eddie Hearn disagreed, and said he had Fury ahead going into the final round. He said he hoped the result would finally lead to an all-British Fury-Joshua showdown in 2025.
“I thought it was a very close fight,” said Hearn. “I thought Usyk nicked the last round. I did have it a draw but you know there seems to be a lot of people that had Usyk the winner. I just felt like there was a lot of close rounds.
“There's only one fight [to make], but there's no point, it's not the time to start calling the fight out. You don't know what Fury's going to do, maybe he doesn't want to fight again.
“The one thing I will say is Fury performed well, it's not like he's a finished fighter, his timing was off, his punch resistance is gone. He put up a good performance, so for me, the only fight to make is AJ-Fury. Let's see.”
Kanguva
Director: Siva
Stars: Suriya, Bobby Deol, Disha Patani, Yogi Babu, Redin Kingsley
Killing of Qassem Suleimani
In numbers: China in Dubai
The number of Chinese people living in Dubai: An estimated 200,000
Number of Chinese people in International City: Almost 50,000
Daily visitors to Dragon Mart in 2018/19: 120,000
Daily visitors to Dragon Mart in 2010: 20,000
Percentage increase in visitors in eight years: 500 per cent
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UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
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Power: 727hp
Torque: 1,000Nm
Transmission: 8-speed auto
Fuel consumption: 10.6L/100km
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Power: 190hp
Torque: 320Nm
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COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
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What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
EA Sports FC 26
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Consoles: PC, PlayStation 4/5, Xbox Series X/S
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Our legal consultant
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What are the influencer academy modules?
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- Cinematography, shots and movement.
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- Understanding of marketing objectives and audience engagement.
- Tourism industry knowledge.
- Professional ethics.
Mohammed bin Zayed Majlis
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The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
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Citizenship-by-investment programmes
United Kingdom
The UK offers three programmes for residency. The UK Overseas Business Representative Visa lets you open an overseas branch office of your existing company in the country at no extra investment. For the UK Tier 1 Innovator Visa, you are required to invest £50,000 (Dh238,000) into a business. You can also get a UK Tier 1 Investor Visa if you invest £2 million, £5m or £10m (the higher the investment, the sooner you obtain your permanent residency).
All UK residency visas get approved in 90 to 120 days and are valid for 3 years. After 3 years, the applicant can apply for extension of another 2 years. Once they have lived in the UK for a minimum of 6 months every year, they are eligible to apply for permanent residency (called Indefinite Leave to Remain). After one year of ILR, the applicant can apply for UK passport.
The Caribbean
Depending on the country, the investment amount starts from $100,000 (Dh367,250) and can go up to $400,000 in real estate. From the date of purchase, it will take between four to five months to receive a passport.
Portugal
The investment amount ranges from €350,000 to €500,000 (Dh1.5m to Dh2.16m) in real estate. From the date of purchase, it will take a maximum of six months to receive a Golden Visa. Applicants can apply for permanent residency after five years and Portuguese citizenship after six years.
“Among European countries with residency programmes, Portugal has been the most popular because it offers the most cost-effective programme to eventually acquire citizenship of the European Union without ever residing in Portugal,” states Veronica Cotdemiey of Citizenship Invest.
Greece
The real estate investment threshold to acquire residency for Greece is €250,000, making it the cheapest real estate residency visa scheme in Europe. You can apply for residency in four months and citizenship after seven years.
Spain
The real estate investment threshold to acquire residency for Spain is €500,000. You can apply for permanent residency after five years and citizenship after 10 years. It is not necessary to live in Spain to retain and renew the residency visa permit.
Cyprus
Cyprus offers the quickest route to citizenship of a European country in only six months. An investment of €2m in real estate is required, making it the highest priced programme in Europe.
Malta
The Malta citizenship by investment programme is lengthy and investors are required to contribute sums as donations to the Maltese government. The applicant must either contribute at least €650,000 to the National Development & Social Fund. Spouses and children are required to contribute €25,000; unmarried children between 18 and 25 and dependent parents must contribute €50,000 each.
The second step is to make an investment in property of at least €350,000 or enter a property rental contract for at least €16,000 per annum for five years. The third step is to invest at least €150,000 in bonds or shares approved by the Maltese government to be kept for at least five years.
Candidates must commit to a minimum physical presence in Malta before citizenship is granted. While you get residency in two months, you can apply for citizenship after a year.
Egypt
A one-year residency permit can be bought if you purchase property in Egypt worth $100,000. A three-year residency is available for those who invest $200,000 in property, and five years for those who purchase property worth $400,000.
Source: Citizenship Invest and Aqua Properties
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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