The Emirates Racing Authority (ERA) is confident that the number of positive results for prohibited substances last season will be reduced in the future.
Former UAE champion trainer Ernst Oertel, Majed Al Jahouri, Satish Seemar, Doug Watson and Dhruba Selvaratnam have all been found to have transgressed the ERA’s zero-tolerance policy this season.
Oertel received a four-month ban in December after horses in his care were found to have been administered ibuprofen. Al Jahouri will not be able to return to training in the UAE until the 2016/17 season after falling foul of the testing regimen three times.
The bulk of the infringements have resulted from a miscalculation by those administering therapeutic drugs, rather than performance-enhancing drugs, a study of violations shows.
An example of which was the 12-month disqualification of ERA-licensed veterinarian Dr Alejandro Echezaretta this month after he administered propoxyphene, an opioid that is used for the management of mild to moderate pain, to two horses in the care of Al Jahouri.
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The ERA has put in place a process of communication with trainers on all matters applicable to racing in the UAE and the regulatory body hopes that, in time, it will have a positive effect.
“Awareness among trainers and vets is growing in this regard and we would anticipate the positive testing trend to stabilise in future years then start to decrease,” said Andrew Holmes, the ERA spokesman.
“Fortunately, we are experiencing very few instances of positive tests for performance-enhancing drugs despite such high testing rates both inside and outside of competition.”
In the past two seasons, testing across the board in the UAE has increased by over 40 per cent, according to the ERA.
All winners are swabbed, and random testing is taken from the remaining horses in each race. During the 2014/15 season the ERA collected post-race samples from nearly a quarter of the 4,148 runners across the five racecourses.
In February, Al Jahouri was fined Dh50,000 after Raaziq was disqualified from fourth place in the HH The President Cup Prep Race at Abu Dhabi after carbon dioxide levels exceeded the ERA threshold.
Such levels of carbon dioxide in a horse’s system are commonly associated with “milkshaking”, a practice that has gained notoriety in the United States that involves administering sodium bicarbonate.
Raaziq was one of 2,603 pre-race tests for carbon dioxide, which is 62 per cent of all runners. Testing for carbon dioxide has increased by 38 per cent on the 2013/14 season.
As reported in January after several positive tests in Australia for cobalt, a stimulant for red-blood-cell production that can work in a similar way to EPO, the ERA has tested for the substance in thoroughbreds and Purebred Arabians since January last year.
The lack of a positive test for a substance more serious than carbon dioxide could be double-edged. On the one hand, it can be seen that racing in the UAE is clean, on the other that some trainers may be using substances beyond the scope of ERA testing.
“The ERA works closely with other authorities in order to share as much information and experience as possible in this regard,” Holmes said. “The role for any horse racing authority is to react swiftly to curb new, prohibited techniques creeping into the sport, whilst continually maintaining effective testing for the traditional methods.
“The ERA is fortunate to have at its disposal sufficient resources to enable it to vigilantly carry out the above duties.”
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ONCE UPON A TIME IN GAZA
Starring: Nader Abd Alhay, Majd Eid, Ramzi Maqdisi
Directors: Tarzan and Arab Nasser
Rating: 4.5/5
Skewed figures
In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458.
COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
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.”
Zayed Sustainability Prize
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
UK's plans to cut net migration
Under the UK government’s proposals, migrants will have to spend 10 years in the UK before being able to apply for citizenship.
Skilled worker visas will require a university degree, and there will be tighter restrictions on recruitment for jobs with skills shortages.
But what are described as "high-contributing" individuals such as doctors and nurses could be fast-tracked through the system.
Language requirements will be increased for all immigration routes to ensure a higher level of English.
Rules will also be laid out for adult dependants, meaning they will have to demonstrate a basic understanding of the language.
The plans also call for stricter tests for colleges and universities offering places to foreign students and a reduction in the time graduates can remain in the UK after their studies from two years to 18 months.
The five pillars of Islam
UK-EU trade at a glance
EU fishing vessels guaranteed access to UK waters for 12 years
Co-operation on security initiatives and procurement of defence products
Youth experience scheme to work, study or volunteer in UK and EU countries
Smoother border management with use of e-gates
Cutting red tape on import and export of food
Hotel Silence
Auður Ava Ólafsdóttir
Pushkin Press
TOURNAMENT INFO
Women’s World Twenty20 Qualifier
Jul 3- 14, in the Netherlands
The top two teams will qualify to play at the World T20 in the West Indies in November
UAE squad
Humaira Tasneem (captain), Chamani Seneviratne, Subha Srinivasan, Neha Sharma, Kavisha Kumari, Judit Cleetus, Chaya Mughal, Roopa Nagraj, Heena Hotchandani, Namita D’Souza, Ishani Senevirathne, Esha Oza, Nisha Ali, Udeni Kuruppuarachchi
List of officials:
Referees: Chris Broad, David Boon, Jeff Crowe, Andy Pycroft, Ranjan Madugalle and Richie Richardson.
Umpires: Aleem Dar, Kumara Dharmasena, Marais Erasmus, Chris Gaffaney, Ian Gould, Richard Illingworth, Richard Kettleborough, Nigel Llong, Bruce Oxenford, Ruchira Palliyaguruge, Sundaram Ravi, Paul Reiffel, Rod Tucker, Michael Gough, Joel Wilson and Paul Wilson.
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
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UAE currency: the story behind the money in your pockets
UAE jiu-jitsu squad
Men: Hamad Nawad and Khalid Al Balushi (56kg), Omar Al Fadhli and Saeed Al Mazroui (62kg), Taleb Al Kirbi and Humaid Al Kaabi (69kg), Mohammed Al Qubaisi and Saud Al Hammadi (70kg), Khalfan Belhol and Mohammad Haitham Radhi (85kg), Faisal Al Ketbi and Zayed Al Kaabi (94kg)
Women: Wadima Al Yafei and Mahra Al Hanaei (49kg), Bashayer Al Matrooshi and Hessa Al Shamsi (62kg)
Women's Prize for Fiction shortlist
The Silence of the Girls by Pat Barker
My Sister, the Serial Killer by Oyinkan Braithwaite
Milkman by Anna Burns
Ordinary People by Diana Evans
An American Marriage by Tayari Jones
Circe by Madeline Miller
Without Remorse
Directed by: Stefano Sollima
Starring: Michael B Jordan
4/5