It is 21 months since they did it in the last T20 World Cup qualifier in Muscat. Eight months since the Cricket World Cup League 2 at Tribhuvan University. Six months since the Asia Cup decider in Kirtipur. And a mere seven days since the tri-nations series final.
Now here they are, all set to do it again, with absolutely everything riding on one match. The UAE and Nepal really need to stop meeting like this.
The two biggest rivals in Asian cricket beyond the Test elite have one, winner-takes-all encounter left to decide who goes to next year's T20 World Cup.
Forty overs to decide who gets to mix with the best in the United States and the West Indies next June. It feels a scandal that it is going to be one or the other, and not both.
It did not need to be like this. Nepal could have evaded their old rivals if they had beaten Oman in Kantipur.
As is their habit, they tried their best to pull off an unbelievable heist. They required 26 off their final over to haul in the 146 they needed.
Thanks to some extraordinary hitting by Bibek Yadav, they got to within one blow, only to fall short.
At the same time, across Kathmandu, the UAE were busy putting together a third win in their group, by 22 runs against Kong Kong. As group winners, they get to play the second-placed side from the other pool: Nepal.
The national team also get the benefit of continuing to play at the ground at which they played all their pool matches, Upper Mulpani Cricket Ground.
That is significant, and the source of much conjecture. The tournament organisers opted to play this fixture at Mulpani no matter where the host nation finished.
There has been precedent at a variety of tournaments in the past for a venue to be decided on the basis of where a particular team play. India, for example, played all their matches at recent Asia Cups in Dubai, no matter how their draw worked out.
It would surely have made more sense for Nepal to be guaranteed to play at Tribhuvan University. The ground can accommodate up to around 15,000 supporters on its grass banks and seated areas.
By contrast, there are no spectator facilities inside the perimeter walls at Mulpani. Instead, fans on the high side over the ground have to peer over walls and between barbed wiring.
Behind a fence square of the wicket is a large expanse of wasteland on which cows graze, plus a half-constructed building and one basic toilet.
Given what is at stake, the area will likely be swamped by fans on Friday.
On the field, the UAE at least know the challenge that will be facing them. They have faced Nepal 23 times in all limited-overs cricket in the past five years, winning 10 and losing 13.
They are buoyed, though, by the excellent cricket they have played in beating Kuwait, Bahrain and Hong Kong so far in the competition.
“We are obviously eyeing the trophy and our team has been going really well, at this ground especially,” Basil Hameed said.
“It is a tricky ground but we have played enough games to understand the situation.
“Having said that, Nepal are a really strong side. They have been doing very well for the past six months, and of course, they have good backing from the crowd as well.
“We need to be at the top of our game. I’m hoping everyone can contribute to get us to the final.”
Vriitya Aravind will be waiting on the result of an X-ray to see if he can take his place in the XI to face Nepal. He suffered a hand injury while batting against Hong Kong.
Hameed, too, is still nursing a hand injury which required stitches during the recent ILT20 development tournament in Dubai.
It has not adversely affected his form, though. He was named player of the match in the win over Hong Kong for a sparkling half century. He averages 69 in seven T20 internationals at Mulpani.
“I am glad that I have been able to work out a formula in my batting,” Hameed said.
“Running between the wickets is crucial on this type of a surface. I am glad I have been able to work out something for my team.”
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“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”
If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.
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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.”