ABU DHABI // If there is such a thing in professional boxing as discrete promotion, then it was at hand as the sport took a tentative dip into Abu Dhabi with a first professional event set to go off in the capital at Yas Island on Thursday night.
Lion Heart Boxing Productions, a promotion company based in the US, has put together a nine-fight card with the Dubai-based Prince Promotions, headed by Murad Hamed, brother of the British boxer Naseem Hamed.
The card is headlined by Danny Williams, the two-time British and Commonwealth champion, best remembered as the second-to-last man to beat Mike Tyson. Tyson lost to Kevin McBride in his next fight and finally bid farewell to the sport he terrorised.
Williams will take on the Egyptian journeyman Mazour Ali in what could well be his last professional fight. At age 40, Williams says he is done with boxing.
“I know my career is over,” he said. “I’m only fighting this fight to keep my kids in private school, so it could be my last fight.”
There is another motive. Williams converted to Islam nearly eight years ago and has wanted to have one professional fight in a Muslim country.
Genial as ever, he apologised for arriving late to a news conference yesterday; he arrived straight from the airport.
He will hold a 70-pound advantage over Ali and said he was confident about his chances.
“I feel good, I’m in good shape and I’m looking for a victory. A nice, quick victory.”
If affairs were a little too jovial and good-natured for a heavyweight fight, some heat was provided by the simmering rivalry between two locally based boxers, Muhammad Ali Bayat and Abdul Kabbani. The pair have history from a previous fight, in 2011, which Bayat won on a contentious points decision.
Since then, the pair have sparred verbally, and though they began with simple statements that they would let their boxing do the talking, it eventually spilled into a prolonged verbal duel.
Bayat objected to statements Kabbani had allegedly made, questioning his will for a rematch. Bayat said: “I fought 10 times after our fight, where did he fight? This is what he said, that I was in bed for a month after our fight. I have a lot of respect for him, but this is what he said.”
Egged on by his coach for the evening – and impromptu hype-master – trainer Anthony “Chill” Wilson, Kabbani responded.
“Last time, he didn’t beat me,” Kabbani said. “He didn’t touch my face. The judge was garbage. I broke his hand, he pulled out of a fight. This time it’s going to be different. I trained very hard for this fight.”
If it felt manufactured, it is understandable. Edward Mendy, a senior executive at Lion Heart, said he was keen for this to become a monthly event. Already, February has been tentatively settled upon as a date for another event.
“We are really excited to be here and we believe we have an amazing card with a great main event,” Mendy said. The bouts include fighters from 10 countries, many from the wider Arab region.
“It’s a real fight fan’s card,” he said. “The success of this event is just that it is happening. We’re really excited about the quality of the fights. We can assure you each of the fights will be high-quality one.”
The event was originally scheduled to be held in October, but logistics wrinkles meant that it could not go ahead then. It felt a little chaotic yesterday, given that a number of the fighters listed on the original card pulled out and one new fight was effectively arranged on the spot.
Doors at du Arena open at 7pm, with the first fight scheduled to start at 8pm.
Main Event
Danny Williams (UK) v Mazur Ali (EGY), heavyweight, 10 rounds Nasser Al Harbi (UK) v Giorgi Unigadze (GEO), welterweight, eight rounds
Feature Bouts Mohammad Ali Bayat (IRI) v Abdul Kabbani (SYR), cruiserweight, six rounds
Stjepan Bozic (CRO) v Paata Vardaushvili (GEO), middleweight, eight rounds
Hakim Wahid (MOR) v Mohammad Reza (IRI), cruiserweight, six rounds
Rabid Fayad (LIB) v Boubaker Masrar (MOR), middleweight, four rounds
Hamza Bouaoud (FRA) v Mahdi Ramizani (IRI), middleweight, four rounds
Ahmed Al Ali (UAE) v Abbas Mohamed (EGY), super featherweight, four rounds
Ahmed Ghani (MOR) v Mehrdad Lion (IRI), cruiserweight, six rounds
osamiuddin@thenational.ae
Barcelona 3
Messi (27’, 32’, 87’)
Leganes 1
El Zhar (68’)
The Vines - In Miracle Land
Two stars
THE BIO
Favourite car: Koenigsegg Agera RS or Renault Trezor concept car.
Favourite book: I Am Pilgrim by Terry Hayes or Red Notice by Bill Browder.
Biggest inspiration: My husband Nik. He really got me through a lot with his positivity.
Favourite holiday destination: Being at home in Australia, as I travel all over the world for work. It’s great to just hang out with my husband and family.
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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.”
ODI FIXTURE SCHEDULE
First ODI, October 22
Wankhede Stadium, Mumbai
Second ODI, October 25
Maharashtra Cricket Association Stadium, Pune
Third ODI, October 29
Venue TBC
Tips for job-seekers
- Do not submit your application through the Easy Apply button on LinkedIn. Employers receive between 600 and 800 replies for each job advert on the platform. If you are the right fit for a job, connect to a relevant person in the company on LinkedIn and send them a direct message.
- Make sure you are an exact fit for the job advertised. If you are an HR manager with five years’ experience in retail and the job requires a similar candidate with five years’ experience in consumer, you should apply. But if you have no experience in HR, do not apply for the job.
David Mackenzie, founder of recruitment agency Mackenzie Jones Middle East
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
Thor: Ragnarok
Dir: Taika Waititi
Starring: Chris Hemsworth, Tom Hiddleston, Cate Blanchett, Jeff Goldblum, Mark Ruffalo, Tessa Thompson
Four stars
The specs
Engine: 8.0-litre, quad-turbo 16-cylinder
Transmission: 7-speed auto
0-100kmh 2.3 seconds
0-200kmh 5.5 seconds
0-300kmh 11.6 seconds
Power: 1500hp
Torque: 1600Nm
Price: Dh13,400,000
On sale: now
Key figures in the life of the fort
Sheikh Dhiyab bin Isa (ruled 1761-1793) Built Qasr Al Hosn as a watchtower to guard over the only freshwater well on Abu Dhabi island.
Sheikh Shakhbut bin Dhiyab (ruled 1793-1816) Expanded the tower into a small fort and transferred his ruling place of residence from Liwa Oasis to the fort on the island.
Sheikh Tahnoon bin Shakhbut (ruled 1818-1833) Expanded Qasr Al Hosn further as Abu Dhabi grew from a small village of palm huts to a town of more than 5,000 inhabitants.
Sheikh Khalifa bin Shakhbut (ruled 1833-1845) Repaired and fortified the fort.
Sheikh Saeed bin Tahnoon (ruled 1845-1855) Turned Qasr Al Hosn into a strong two-storied structure.
Sheikh Zayed bin Khalifa (ruled 1855-1909) Expanded Qasr Al Hosn further to reflect the emirate's increasing prominence.
Sheikh Shakhbut bin Sultan (ruled 1928-1966) Renovated and enlarged Qasr Al Hosn, adding a decorative arch and two new villas.
Sheikh Zayed bin Sultan (ruled 1966-2004) Moved the royal residence to Al Manhal palace and kept his diwan at Qasr Al Hosn.
Sources: Jayanti Maitra, www.adach.ae
'Saand Ki Aankh'
Produced by: Reliance Entertainment with Chalk and Cheese Films
Director: Tushar Hiranandani
Cast: Taapsee Pannu, Bhumi Pednekar, Prakash Jha, Vineet Singh
Rating: 3.5/5 stars
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The%20specs
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Porsche Taycan Turbo specs
Engine: Two permanent-magnet synchronous AC motors
Transmission: two-speed
Power: 671hp
Torque: 1050Nm
Range: 450km
Price: Dh601,800
On sale: now
When Umm Kulthum performed in Abu Dhabi
Known as The Lady of Arabic Song, Umm Kulthum performed in Abu Dhabi on November 28, 1971, as part of celebrations for the fifth anniversary of the accession of Sheikh Zayed bin Sultan Al Nahyan as Ruler of Abu Dhabi. A concert hall was constructed for the event on land that is now Al Nahyan Stadium, behind Al Wahda Mall. The audience were treated to many of Kulthum's most well-known songs as part of the sold-out show, including Aghadan Alqak and Enta Omri.
CRICKET%20WORLD%20CUP%20QUALIFIER%2C%20ZIMBABWE%20
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