DUBAI // Be it motivated by revenge or rude health, Ajman are not playing the dutiful underdogs for tonight's Etisalat Cup final.
Already this season, Al Jazira has thrice beaten them and the celebrated Abu Dhabi club proved too good for them in the 2010 showpiece, as well.
But this is an Ajman side buoyed by securing for another year their Pro League status recent victories against more established opponents guaranteed it and in Boris Kabi, they boast the country's most in-form striker.
Founeke Sy, meanwhile, is a gifted ally in attack, forming a front pairing that is ably supplied by Moroccan playmaker Driss Fettouhi and Fawzi Bashir, the Omani midfielder. No wonder coach Abdulwahab Abdulqadir was cutting a confident figure, pre-match.
"We fully deserve to reach the final, and although we're aware of the capabilities and reputation of Al Jazira, as we've played them three times this season, hopefully the fourth will go our way," he said. "It won't be a surprise if we win."
It marks a stark contrast to three years ago. Back then, Ajman's descent into Division One had been confirmed, and the players sought to upset Jazira in the cup final to offset a substandard league campaign. However, despite competing admirably for the majority of the match, the Ajman defence was breached twice in the final four minutes, the title slipping from their grasp.
Abdulqadir denies retribution is inspiring his class of 2013, although the Iraqi has warned Jazira not to underestimate the size of the task awaiting them. "A lot of things have changed between the two teams since Jazira last won," he said.
"Then, we were relegated, but now we've beaten Al Wahda and Al Nasr in our past two games.
"So all the players are ready mentally and physically - they'll give their best. Jazira may have won before, but this time we're in our best condition."
Abdulqadir, though, will be without injured duo Ali Khamis and Shehab Ahmed, while Saleb Basheer, on loan from Jazira, is ineligible. Yet Fawzi Bashir is expected to shake off a knock collected in Sunday's training.
"There are no secrets between the two teams," the midfielder said.
"Both coaches are fully aware of the strengths and weaknesses of the opponents and will have planned accordingly, so the game is an open book. The result will depend largely on who deals best with the pressure and intensity of the events on the pitch."
Ajman have received plenty of well wishes for the match at Zabeel Stadium, prompting the club board's to meet with the players in training to pass on their regards.
“Everyone involved with Ajman is part of a family at the club and all of us and are pulling together to make the most of this opportunity,” Bashir said.
"I really hope that level of support from the fans will continue at the stadium throughout the game, as it will motivate and lift the spirits of the players even more."
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Where to donate in the UAE
The Emirates Charity Portal
You can donate to several registered charities through a “donation catalogue”. The use of the donation is quite specific, such as buying a fan for a poor family in Niger for Dh130.
The General Authority of Islamic Affairs & Endowments
The site has an e-donation service accepting debit card, credit card or e-Dirham, an electronic payment tool developed by the Ministry of Finance and First Abu Dhabi Bank.
Al Noor Special Needs Centre
You can donate online or order Smiles n’ Stuff products handcrafted by Al Noor students. The centre publishes a wish list of extras needed, starting at Dh500.
Beit Al Khair Society
Beit Al Khair Society has the motto “From – and to – the UAE,” with donations going towards the neediest in the country. Its website has a list of physical donation sites, but people can also contribute money by SMS, bank transfer and through the hotline 800-22554.
Dar Al Ber Society
Dar Al Ber Society, which has charity projects in 39 countries, accept cash payments, money transfers or SMS donations. Its donation hotline is 800-79.
Dubai Cares
Dubai Cares provides several options for individuals and companies to donate, including online, through banks, at retail outlets, via phone and by purchasing Dubai Cares branded merchandise. It is currently running a campaign called Bookings 2030, which allows people to help change the future of six underprivileged children and young people.
Emirates Airline Foundation
Those who travel on Emirates have undoubtedly seen the little donation envelopes in the seat pockets. But the foundation also accepts donations online and in the form of Skywards Miles. Donated miles are used to sponsor travel for doctors, surgeons, engineers and other professionals volunteering on humanitarian missions around the world.
Emirates Red Crescent
On the Emirates Red Crescent website you can choose between 35 different purposes for your donation, such as providing food for fasters, supporting debtors and contributing to a refugee women fund. It also has a list of bank accounts for each donation type.
Gulf for Good
Gulf for Good raises funds for partner charity projects through challenges, like climbing Kilimanjaro and cycling through Thailand. This year’s projects are in partnership with Street Child Nepal, Larchfield Kids, the Foundation for African Empowerment and SOS Children's Villages. Since 2001, the organisation has raised more than $3.5 million (Dh12.8m) in support of over 50 children’s charities.
Noor Dubai Foundation
Sheikh Mohammed bin Rashid Al Maktoum launched the Noor Dubai Foundation a decade ago with the aim of eliminating all forms of preventable blindness globally. You can donate Dh50 to support mobile eye camps by texting the word “Noor” to 4565 (Etisalat) or 4849 (du).
Four reasons global stock markets are falling right now
There are many factors worrying investors right now and triggering a rush out of stock markets. Here are four of the biggest:
1. Rising US interest rates
The US Federal Reserve has increased interest rates three times this year in a bid to prevent its buoyant economy from overheating. They now stand at between 2 and 2.25 per cent and markets are pencilling in three more rises next year.
Kim Catechis, manager of the Legg Mason Martin Currie Global Emerging Markets Fund, says US inflation is rising and the Fed will continue to raise rates in 2019. “With inflationary pressures growing, an increasing number of corporates are guiding profitability expectations downwards for 2018 and 2019, citing the negative impact of rising costs.”
At the same time as rates are rising, central bankers in the US and Europe have been ending quantitative easing, bringing the era of cheap money to an end.
2. Stronger dollar
High US rates have driven up the value of the dollar and bond yields, and this is putting pressure on emerging market countries that took advantage of low interest rates to run up trillions in dollar-denominated debt. They have also suffered capital outflows as international investors have switched to the US, driving markets lower. Omar Negyal, portfolio manager of the JP Morgan Global Emerging Markets Income Trust, says this looks like a buying opportunity. “Despite short-term volatility we remain positive about long-term prospects and profitability for emerging markets.”
3. Global trade war
Ritu Vohora, investment director at fund manager M&G, says markets fear that US President Donald Trump’s spat with China will escalate into a full-blown global trade war, with both sides suffering. “The US economy is robust enough to absorb higher input costs now, but this may not be the case as tariffs escalate. However, with a host of factors hitting investor sentiment, this is becoming a stock picker’s market.”
4. Eurozone uncertainty
Europe faces two challenges right now in the shape of Brexit and the new populist government in eurozone member Italy.
Chris Beauchamp, chief market analyst at IG, which has offices in Dubai, says the stand-off between between Rome and Brussels threatens to become much more serious. "As with Brexit, neither side appears willing to step back from the edge, threatening more trouble down the line.”
The European economy may also be slowing, Mr Beauchamp warns. “A four-year low in eurozone manufacturing confidence highlights the fact that producers see a bumpy road ahead, with US-EU trade talks remaining a major question-mark for exporters.”
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UAE currency: the story behind the money in your pockets
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