Abu Dhabi Knight Riders celebrate the wicket of Evin Lewis of Sharjah Warriors during their DP World International League T20 match at the Zayed Cricket Stadium, Abu Dhabi, on February 4, 2023. LT20S Photo by Vipin Pawar/CREIMAS RESTRICTED TO EDITORIAL USE
Abu Dhabi Knight Riders celebrate the wicket of Evin Lewis of Sharjah Warriors during their DP World International League T20 match at the Zayed Cricket Stadium, Abu Dhabi, on February 4, 2023. LT20S Photo by Vipin Pawar/CREIMAS RESTRICTED TO EDITORIAL USE
Abu Dhabi Knight Riders celebrate the wicket of Evin Lewis of Sharjah Warriors during their DP World International League T20 match at the Zayed Cricket Stadium, Abu Dhabi, on February 4, 2023. LT20S Photo by Vipin Pawar/CREIMAS RESTRICTED TO EDITORIAL USE
Abu Dhabi Knight Riders celebrate the wicket of Evin Lewis of Sharjah Warriors during their DP World International League T20 match at the Zayed Cricket Stadium, Abu Dhabi, on February 4, 2023. LT20S

Abu Dhabi Knight Riders sign off with thumping first win in the ILT20


Amith Passela
  • English
  • Arabic

Abu Dhabi Knight Riders finally got a win in their final game of the DP World ILT20 campaign at the Zayed Cricket Stadium on Saturday.

Even though it was too little and too late, their victory over Sharjah Warriors brought smiles back to the faces of the players and fans, and they will return for the 2024 edition better equipped.

Having restricted the Warriors to 130 for nine, Joe Clarke and Paul Stirling made batting look easy with a splendid 86-run stand in 50 balls for the opening wicket.

Clarke reached his half century off 23 deliveries and fell for a 32-ball 54 by top edging Marcus Stoinis down the throat of Lewis at deep backward square leg.

The Knight Riders lost four wickets for eight runs in 13 deliveries but the victory was never in doubt.

The result has left the Warriors and Dubai Capitals battling for the final spot in the play-offs on Monday against Gulf Giants and MI Emirates in Sharjah and Dubai.

In the early game, the Giants emerged winners by 25 runs against the Desert Vipers to secure a spot in the first qualifier.

The Giants posted 180 for six with Shimron Hetmyer top scoring with 54. His 35-ball knock contained four sixes and a couple of fours.

The Vipers were given a flying start by local Rohan Mustafa and Alex Hales, the pair adding 57 in 33 balls.

Mustafa departed to a catch behind by Tom Banton for a 20-ball 28 and Aayan Khan, 17, bagged the prized wicket of the tournament’s leading scorer Hale (15-ball 26) in the next over and the Vipers’ chase fell flat thereafter.

“It was a good performance on the whole and 180 was a good score on one of the slower pitches,” Giants captain James Vince said.

“Chased a game against the Vipers previously. The toss is less important in a day game. The bowlers did well to pull things back. Coming back from pressure has been a big plus for us. Hales' wicket was big, took the sting out of them."

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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.”

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A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

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What is safeguarding?

“Safeguarding, not just in sport, but in all walks of life, is making sure that policies are put in place that make sure your child is safe; when they attend a football club, a tennis club, that there are welfare officers at clubs who are qualified to a standard to make sure your child is safe in that environment,” Derek Bell explains.

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All times UAE ( 4 GMT)

Friday
Saint-Etienne v Montpellier (10.45pm)

Saturday
Monaco v Caen (7pm)
Amiens v Bordeaux (10pm)
Angers v Toulouse (10pm)
Metz v Dijon (10pm)
Nantes v Guingamp (10pm)
Rennes v Lille (10pm)

Sunday
Nice v Strasbourg (5pm)
Troyes v Lyon (7pm)
Marseille v Paris Saint-Germain (11pm)

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Q&A with Dash Berlin

Welcome back. What was it like to return to RAK and to play for fans out here again?
It’s an amazing feeling to be back in the passionate UAE again. Seeing the fans having a great time that is what it’s all about.

You're currently touring the globe as part of your Legends of the Feels Tour. How important is it to you to include the Middle East in the schedule?
The tour is doing really well and is extensive and intensive at the same time travelling all over the globe. My Middle Eastern fans are very dear to me, it’s good to be back.

You mix tracks that people know and love, but you also have a visually impressive set too (graphics etc). Is that the secret recipe to Dash Berlin's live gigs?
People enjoying the combination of the music and visuals are the key factor in the success of the Legends Of The Feel tour 2018.

Have you had some time to explore Ras al Khaimah too? If so, what have you been up to?
Coming fresh out of Las Vegas where I continue my 7th annual year DJ residency at Marquee, I decided it was a perfect moment to catch some sun rays and enjoy the warm hospitality of Bab Al Bahr.

 

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Name: Peter Dicce

Title: Assistant dean of students and director of athletics

Favourite sport: soccer

Favourite team: Bayern Munich

Favourite player: Franz Beckenbauer

Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates 

 

HIV on the rise in the region

A 2019 United Nations special analysis on Aids reveals 37 per cent of new HIV infections in the Mena region are from people injecting drugs.

New HIV infections have also risen by 29 per cent in western Europe and Asia, and by 7 per cent in Latin America, but declined elsewhere.

Egypt has shown the highest increase in recorded cases of HIV since 2010, up by 196 per cent.

Access to HIV testing, treatment and care in the region is well below the global average.  

Few statistics have been published on the number of cases in the UAE, although a UNAIDS report said 1.5 per cent of the prison population has the virus.

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Intercontinental Cup

Namibia v UAE Saturday Sep 16-Tuesday Sep 19

Table 1 Ireland, 89 points; 2 Afghanistan, 81; 3 Netherlands, 52; 4 Papua New Guinea, 40; 5 Hong Kong, 39; 6 Scotland, 37; 7 UAE, 27; 8 Namibia, 27

Updated: February 04, 2023, 6:14 PM