What seemed like a walk in the park at one stage turned into an ungainly scramble to the finish line as Pakistan had to fight hard for a five-wicket win in their Asia Cup Super Four clash against Sri Lanka in Abu Dhabi.
Pakistan had insisted that they had put up a better performance than the scorecard suggested in the loss to India in their opening Super Four match.
One day later, they put in a stellar effort with the ball to restrict Sri Lanka to 133-8.
In reply, Pakistan were in trouble at 57-4 and 80-5. But all-rounder Hussain Talat hit an unbeaten 32 from 30 to steady the ship and take the team home.
Mohammad Nawaz (38) ended the contest with two overs to spare as he hit fast bowler Dushmantha Chameera for three sixes.
The pitch at the Zayed Cricket Stadium is deemed the better of the two venues in the tournament. It was probably this pressure to score above par that saw Sri Lanka fall to some innocuous shots in the powerplay. Kusal Mendis chipped Shaheen Afridi (3-28) to mid-wicket first ball, which was a sign of things to come.
Pathum Nissanka’s wild slog to the keeper off Shaheen and surprise package Talat’s burst of two wickets off successive balls – including that of the dangerous Dasun Shanaka first ball – robbed the Sri Lankan innings of any momentum throughout the 20 overs.
Kamindu Mendis held his end together but there was precious little from the other end. His knock of 50 from 44 balls added a degree of respectability to the innings.
But there was too much firepower in Pakistan’s bowling. Haris Rauf continued to bowl rockets – a continuation of his fiery spell against India in Dubai.
The pick of the bowlers, however, was left-arm pacer Afridi. He saved the best delivery of the match for the best batter of the Sri Lankan innings – trapping Mendis lbw with a stunning yorker that tailed into his toe to trap him in front in the penultimate over.
Spinner Abrar Ahmed was sensational as well, giving away just eight runs in his four overs.
Had the top-scorer survived, Sri Lanka would have crossed 140 on a sluggish surface.
While the total of 133-8 was below par, it was decent enough to warrant a proper effort from Pakistan.
Fakhar Zaman gave an early scare to his team as he took a fast bouncer from Chameera straight on the side of his helmet. The game was held up for more than five minutes as the physio checked for signs of concussion.
Although Fakhar looked far from comfortable, he soldiered on.
His fellow opener Sahibzada Farhan gave him ample time to recover from the blow as he took on pacer Nuwan Thushara for two sixes and a boundary the very next over.
A stunning over from spinner Maheesh Theekshana changed the complexion of the match. He got both openers caught down the ground; Fakhar was spectacularly caught at mid-off by Wanindu Hasaranga.
That was just the spark that Sri Lanka needed. Hasaranga, whose celebration style was earlier parodied by Abrar, rattled the stumps of Saim Ayub and then trapped captain Salman Agha lbw to have Pakistan 57-4.
They were in almost the exact position as Sri Lanka were in their innings. It was up to all-rounder Talat once again to carry the workload.
After pacer Chameera rattled the stumps of Mohammad Haris, Talat put his head down to take his team to safety.
Pakistan are now second in the points table and will fancy their chances of making it to the final, where they could face India again.
Sri Lanka lost their second match of the stage to all but end their hopes of making it to Sunday's title match.
North Pole stats
Distance covered: 160km
Temperature: -40°C
Weight of equipment: 45kg
Altitude (metres above sea level): 0
Terrain: Ice rock
South Pole stats
Distance covered: 130km
Temperature: -50°C
Weight of equipment: 50kg
Altitude (metres above sea level): 3,300
Terrain: Flat ice
Indoor cricket in a nutshell
Indoor cricket in a nutshell
Indoor Cricket World Cup - Sept 16-20, Insportz, Dubai
16 Indoor cricket matches are 16 overs per side
8 There are eight players per team
9 There have been nine Indoor Cricket World Cups for men. Australia have won every one.
5 Five runs are deducted from the score when a wickets falls
4 Batsmen bat in pairs, facing four overs per partnership
Scoring In indoor cricket, runs are scored by way of both physical and bonus runs. Physical runs are scored by both batsmen completing a run from one crease to the other. Bonus runs are scored when the ball hits a net in different zones, but only when at least one physical run is score.
Zones
A Front net, behind the striker and wicketkeeper: 0 runs
B Side nets, between the striker and halfway down the pitch: 1 run
C Side nets between halfway and the bowlers end: 2 runs
D Back net: 4 runs on the bounce, 6 runs on the full
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.”
Packages which the US Secret Service said contained possible explosive devices were sent to:
- Former first lady Hillary Clinton
- Former US president Barack Obama
- Philanthropist and businessman George Soros
- Former CIA director John Brennan at CNN's New York bureau
- Former Attorney General Eric Holder (delivered to former DNC chair Debbie Wasserman Schultz)
- California Congresswoman Maxine Waters (two devices)
FFP EXPLAINED
What is Financial Fair Play?
Introduced in 2011 by Uefa, European football’s governing body, it demands that clubs live within their means. Chiefly, spend within their income and not make substantial losses.
What the rules dictate?
The second phase of its implementation limits losses to €30 million (Dh136m) over three seasons. Extra expenditure is permitted for investment in sustainable areas (youth academies, stadium development, etc). Money provided by owners is not viewed as income. Revenue from “related parties” to those owners is assessed by Uefa's “financial control body” to be sure it is a fair value, or in line with market prices.
What are the penalties?
There are a number of punishments, including fines, a loss of prize money or having to reduce squad size for European competition – as happened to PSG in 2014. There is even the threat of a competition ban, which could in theory lead to PSG’s suspension from the Uefa Champions League.
AWARDS
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