When Ahmed Raza was invited to train with Australia at Lord’s back in 2019, the UAE captain probably thought his summer holiday could not really get much better.
Looking back now, though, that stint mixing with some of the world’s leading players at the Home of Cricket was really just a footnote to the real story of the trip.
On October 23, a little over two years after they were first introduced to each other via mutual friends during his time in London, Raza married Mehreen Tahir.
Now, after scarcely a month of wedded bliss living together in Dubai, Mehreen is already set for an introduction to the life of a 'cricket widow'.
Raza is flying off to Windhoek to lead the national team in their Cricket World Cup League Two tri-series against Namibia and Oman.
Happily, she was well briefed on what it might be like being married to an international sportsman.
“I know he’s doing what he loves, and to see that cricket is finally back is amazing because it means the world is returning to normal,” Mehreen said.
“I know what I signed up for, and I am a cricket fanatic myself. I absolutely love cricket. Even before I met Ahmed, my first ever visit to UAE was to go to the stadium in Abu Dhabi to watch Pakistan and Australia.
“It is amazing that I’m married to a cricketer now. My dad played, and it is a sport that has been around my family for a long time. All my sisters are into it.
“When the big games happen all the family gets together. We have all been watching Ahmed’s matches at home. It was such a proud moment.”
While Raza is in Namibia, his wife will be back in England attempting to tie up the loose ends on her transfer to Dubai, with her job as a business analyst for a corporation which produces perfumes.
It seems apt that their life as newlyweds is a little complex, given what they went through to actually get married. As is the way of the world at present, little ran smoothly.
A case of Covid within Mehreen’s family meant none of them were able to travel to Pakistan for the planned festivities – including the bride herself.
The service was eventually conducted over Zoom, before they subsequently travelled to Istanbul, which is where they first met as husband and wife.
“Everything was ready for us, but God had different plans,” Raza said. “We were just happy and thankful that eventually it happened, and everything is good.
“Since we got back from Turkey I haven’t had a day off as we have been training for Namibia.
“That has been another thing she has been dealing with. She has already had to deal with quite a lot.”
Mehreen is equally sanguine about what has happened. “There was a lot of drama involved but the end goal was just for us to be married,” she said.
“We will take that. We are thinking of doing something next year once I’ve finally moved here.”
Raza says he remains focused on the day job, despite his change in personal status.
“We haven’t played the Cricket World Cup League for a year and a half now,” Raza said.
“The focus remains the same for us. It is going to be challenging for us because Oman and Namibia are both coming off decent outings at the T20 World Cup.
“This is a different format [50 overs], and we have done well against Namibia in the past. We have only played one game against Oman so far, so we are really looking to get some points there.
“We have been waiting for this. An extra game [a fixture against Oman is outstanding after it was postponed because of the death of Sultan Qaboos bin Said in 2020] means an extra chance for two points. We are happy that game wasn’t called off and the points were shared.”
The World Cup League is part of the qualifying process for the 2023 World Cup. If the UAE do make it to that competition, it could pit them against Pakistan – meaning a test of the loyalties of Mehreen, who has always supported Pakistan.
Only it would not be a test at all, really. “Obviously my husband and UAE,” she said, when asked who she would support if that scenario ever did come to pass.
Company%20profile
%3Cp%3EName%3A%20Cashew%0D%3Cbr%3EStarted%3A%202020%0D%3Cbr%3EFounders%3A%20Ibtissam%20Ouassif%20and%20Ammar%20Afif%0D%3Cbr%3EBased%3A%20Dubai%2C%20UAE%0D%3Cbr%3EIndustry%3A%20FinTech%0D%3Cbr%3EFunding%20size%3A%20%2410m%0D%3Cbr%3EInvestors%3A%20Mashreq%2C%20others%0D%3C%2Fp%3E%0A
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.”
ESSENTIALS
The flights
Fly Etihad or Emirates from the UAE to Moscow from 2,763 return per person return including taxes.
Where to stay
Trips on the Golden Eagle Trans-Siberian cost from US$16,995 (Dh62,414) per person, based on two sharing.
Jetour T1 specs
Engine: 2-litre turbocharged
Power: 254hp
Torque: 390Nm
Price: From Dh126,000
Available: Now
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
The specs
Engine: 1.5-litre, 4-cylinder turbo
Transmission: CVT
Power: 170bhp
Torque: 220Nm
Price: Dh98,900
The past Palme d'Or winners
2018 Shoplifters, Hirokazu Kore-eda
2017 The Square, Ruben Ostlund
2016 I, Daniel Blake, Ken Loach
2015 Dheepan, Jacques Audiard
2014 Winter Sleep (Kış Uykusu), Nuri Bilge Ceylan
2013 Blue is the Warmest Colour (La Vie d'Adèle: Chapitres 1 et 2), Abdellatif Kechiche, Adele Exarchopoulos and Lea Seydoux
2012 Amour, Michael Haneke
2011 The Tree of Life, Terrence Malick
2010 Uncle Boonmee Who Can Recall His Past Lives (Lung Bunmi Raluek Chat), Apichatpong Weerasethakul
2009 The White Ribbon (Eine deutsche Kindergeschichte), Michael Haneke
2008 The Class (Entre les murs), Laurent Cantet
Emergency phone numbers in the UAE
Estijaba – 8001717 – number to call to request coronavirus testing
Ministry of Health and Prevention – 80011111
Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre
Emirates airline – 600555555
Etihad Airways – 600555666
Ambulance – 998
Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries
Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5
Company Profile
Company name: NutriCal
Started: 2019
Founder: Soniya Ashar
Based: Dubai
Industry: Food Technology
Initial investment: Self-funded undisclosed amount
Future plan: Looking to raise fresh capital and expand in Saudi Arabia
Total Clients: Over 50