Even before the post-match interviews had begun at the Sharjah Cricket Stadium on Tuesday night, Sameen Rana was already feeling a little emotional.
It had been another one of those nights for supporters of Pakistan, the second in the space of three days, when their players had brought them euphoria via their deeds on the cricket field.
Then Haris Rauf began speaking after being handed the player of the match award for his four wickets. At that point, Rana really was struggling to keep it together.
“I just want to thank Lahore Qalandars, too, who supported me a lot,” Rauf said at the end of his flash interview. “They're the reason I'm here.”
To the chief operating officer of the Qalandars franchise, and manager, confidante and friend of Rauf, it was the sweetest sentiment.
“Before this tournament he said, ‘Sameen, this time I am going to be different’,” said Rana, the Dubai-based Qalandars administrator.
“So last night, when he performed, it was very, very emotional. I literally had tears in my eyes.”
Rana managed to get three hours sleep the night after the win over New Zealand. First there was delirium of a nail-biting win.
Then there were the phone calls with Rauf and Shaheen Afridi, the other Qalandars champion doing Pakistan proud. No wonder sleep was difficult to come by.
At the time of the last T20 World Cup, Rauf was selling mobile phones for a wage of $50 per month and playing tape-ball cricket in his spare time.
It is still only two-and-a-half years since he first arrived on the scene in a Pakistan Super League match in Dubai, having been given his chance by Aaqib Javed, the Qalandars coach.
“This is six years of hard work which absolutely everyone was opposed to,” Rana said of the Qalandars project which gave Rauf his platform to succeed.
“Because of the team performance we got a bashing from all corners. But we stuck to it. Now, when you see Haris performing like this, you can’t say anything more.
“Pakistan is lucky to have this talent. We have just been the vehicle for him. He is a talent Aaqib believed in. And, because Aaqib believed in him, we believed in him.”
Aaqib has built the Qalandars cricket programme, after leaving his role in Dubai as UAE coach. Part of his masterplan has been regular talent-spotting events.
Over the past three years, over 500,000 aspiring players across Pakistan have trialled with the franchise. Rauf was one of the first to make it, from a weekend in Gujranwala in which 20,000 were given their chance to impress.
“He wasn’t planning to attend the trial, but he went with his friend,” Rana said.
“He said, ‘OK, I used to bowl with a tennis ball, let me try my luck’. We had a speedgun, and the first ball he ever bowled with a hard ball came at 92mph.
“Aaqib was blown away by that. He said, ‘Bowl again’. He bowled again and it came up as 90mph.
“He bowled two or three more balls, and Aaqib said, ‘You have the talent, and we are going to support you’.”
Such was their belief in their new find, Qalandars gave him a 10-year contract, on a monthly salary of 100,000 rupees (around $600), which was a substantial upgrade on his salary for selling phones.
“We did it in the hope he would become a superstar, a star to serve Qalandars and Pakistan,” Rana said.
“We thought it was a noble cause, but we faced so many hurdles. After the bad performances, people thought we were not serious, and that we were a circus, playing unknowns.
“There was so much bashing of us because of the players we were trying to promote – including Haris.”
Within two years of the trial, Rauf had made it to the Qalandars first team. In his second match, against Karachi Kings, he was the matchwinner. He has scarcely looked back since.
“It was such an emotional moment, Aaqib and I went into the ground when the team was coming out,” Rana said of that night in Dubai.
“Haris broke down in tears, and I had tears in my eyes. Seeing him progress to this point was unbelievable.”
And Rana is grateful to Rauf, too.
“As a child growing up, I had always wanted to become a cricketer,” Rana said.
“My family stopped me, and said I had to become a chartered accountant. You can’t be a cricketer because it is not a profession. Now, to be honest, I have lived that dream through Haris.”
MOUNTAINHEAD REVIEW
Starring: Ramy Youssef, Steve Carell, Jason Schwartzman
Director: Jesse Armstrong
Rating: 3.5/5
Ferrari 12Cilindri specs
Engine: naturally aspirated 6.5-liter V12
Power: 819hp
Torque: 678Nm at 7,250rpm
Price: From Dh1,700,000
Available: Now
Tips on buying property during a pandemic
Islay Robinson, group chief executive of mortgage broker Enness Global, offers his advice on buying property in today's market.
While many have been quick to call a market collapse, this simply isn’t what we’re seeing on the ground. Many pockets of the global property market, including London and the UAE, continue to be compelling locations to invest in real estate.
While an air of uncertainty remains, the outlook is far better than anyone could have predicted. However, it is still important to consider the wider threat posed by Covid-19 when buying bricks and mortar.
Anything with outside space, gardens and private entrances is a must and these property features will see your investment keep its value should the pandemic drag on. In contrast, flats and particularly high-rise developments are falling in popularity and investors should avoid them at all costs.
Attractive investment property can be hard to find amid strong demand and heightened buyer activity. When you do find one, be prepared to move hard and fast to secure it. If you have your finances in order, this shouldn’t be an issue.
Lenders continue to lend and rates remain at an all-time low, so utilise this. There is no point in tying up cash when you can keep this liquidity to maximise other opportunities.
Keep your head and, as always when investing, take the long-term view. External factors such as coronavirus or Brexit will present challenges in the short-term, but the long-term outlook remains strong.
Finally, keep an eye on your currency. Whenever currency fluctuations favour foreign buyers, you can bet that demand will increase, as they act to secure what is essentially a discounted property.
How to watch Ireland v Pakistan in UAE
When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.
Dates for the diary
To mark Bodytree’s 10th anniversary, the coming season will be filled with celebratory activities:
- September 21 Anyone interested in becoming a certified yoga instructor can sign up for a 250-hour course in Yoga Teacher Training with Jacquelene Sadek. It begins on September 21 and will take place over the course of six weekends.
- October 18 to 21 International yoga instructor, Yogi Nora, will be visiting Bodytree and offering classes.
- October 26 to November 4 International pilates instructor Courtney Miller will be on hand at the studio, offering classes.
- November 9 Bodytree is hosting a party to celebrate turning 10, and everyone is invited. Expect a day full of free classes on the grounds of the studio.
- December 11 Yogeswari, an advanced certified Jivamukti teacher, will be visiting the studio.
- February 2, 2018 Bodytree will host its 4th annual yoga market.
Anghami
Started: December 2011
Co-founders: Elie Habib, Eddy Maroun
Based: Beirut and Dubai
Sector: Entertainment
Size: 85 employees
Stage: Series C
Investors: MEVP, du, Mobily, MBC, Samena Capital
UAE currency: the story behind the money in your pockets
Karwaan
Producer: Ronnie Screwvala
Director: Akarsh Khurana
Starring: Irrfan Khan, Dulquer Salmaan, Mithila Palkar
Rating: 4/5
The specs: 2018 Mercedes-Benz E 300 Cabriolet
Price, base / as tested: Dh275,250 / Dh328,465
Engine: 2.0-litre four-cylinder
Power: 245hp @ 5,500rpm
Torque: 370Nm @ 1,300rpm
Transmission: Nine-speed automatic
Fuel consumption, combined: 7.0L / 100km
MATCH INFO
First Test at Barbados
West Indies won by 381 runs
Second Test at Antigua
West Indies won by 10 wickets
Third Test at St Lucia
February 9-13
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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.”