UAE heartbreak after Australia defeat ends World Cup dream


John McAuley
  • English
  • Arabic

Ajdin Hrustic’s late volley deflected off Ali Salmeen, and the UAE’s Great Hope was dashed.

Rodolfo Arruabarrena’s side were beaten 2-1 by Australia at the Ahmad bin Ali Stadium in Al Rayyan on Tuesday, Australia just about doing enough, the perennial World Cup participants thrust to within one match of a fifth successive global finals.

For the UAE, a 32-year wait widens to 36, at least. Another World Cup cycle has come and gone, extinguished not far from where the Netherlands meet Senegal on November 21 to kick off Qatar 2022.

A winter World Cup, the Middle East’s first, will not have another Gulf nation, after all. Instead, either Australia or Peru will snatch the second-to-last of the 32 available slots.

All the way until that point, it felt almost close enough for the UAE to touch. Having not ventured this far into qualification in more than two decades, they were behind and then level and, with six minutes remaining, behind again. This time, there would be no rapid response.

So Australia emerged triumphant, when they simply outlasted the UAE to see the job through. Their opponents collapsed en masse at the final whistle, their World Cup dream crumbled even if they did put up a heck of a fight.

Harib Abdallah, lively winger and the game's outstanding combatant, departed in floods of tears. No matter the effort given - and it was mighty - it will surely be a while before the disappointment washes off.

It was Abdallah who supplied the spark throughout the first half. He had its only two real chances. Both came after he was set free down the left, and as the angle narrowed considerably, Abdallah could only fire straight at Mathew Ryan in the Australia goalkeeper. To be fair, the Real Sociedad No 1 had left no gap at his near post, with the second save coming via a sturdy left hand.

At the other end, Australia threatened in the loosest sense of the word. Save for a wicked Craig Goodwin free-kick that towering centre-back Kye Rowles failed to connect properly with, the UAE were largely untroubled.

Right at the beginning of the second half, the same combination produced the same result: Abdallah surged forward, then Ryan repelled him down low. Moments later, the contest had lift-off. Martin Boyle escaped down the right, pulled the ball across the UAE six-yard box and, reacting quickest, Jackson Irvine had the most straightforward of finishes.

To their immense credit, though, the UAE responded almost immediately. On 57 minutes, Abdallah – who else? – raced forward and crossed into the Australia area. The ball evaded Ali Mabkhout, but fell invitingly at Caio Canedo’s feet, leaving the forward to smash high into the net. In a flash, the UAE were level. Four minutes separated the respective goals.

Yet, nearly as swiftly, Australia spurned a golden chance to seize back the lead. However, the unmarked Goodwin somehow side-footed the ball over the crossbar. The UAE breathed a collective sigh of relief. On 79 minutes, Khaled Essa saved low from Boyle’s half volley.

Then, the hammer blow. An Australia corner fell to Hrustic on the edge of the area, with the Eintracht Frankfurt midfielder’s thumping volley cannoning off Salmeen and beyond Essa. The UAE had six minutes to rescue their World Cup dream.

Arruabarrena threw on Omar Abdulrahman at the death, the 2016 Asian player of the year long past his vintage and still some way short of full fitness, but it had little effect. His last misplaced pass signalled the end of the match.

The end of the game and the termination of the UAE’s World Cup hopes. They should hold heads high following a commendable effort. It was, though, to be in vain.

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The Programme

Saturday, October 26: ‘The Time That Remains’ (2009) by Elia Suleiman
Saturday, November 2: ‘Beginners’ (2010) by Mike Mills
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Saturday, December 21: ‘Rams’ (2015) by Grimur Hakonarson

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Roll of honour

Who has won what so far in the West Asia Premiership season?

Western Clubs Champions League - Winners: Abu Dhabi Harlequins; Runners up: Bahrain

Dubai Rugby Sevens - Winners: Dubai Exiles; Runners up: Jebel Ali Dragons

West Asia Premiership - Winners: Jebel Ali Dragons; Runners up: Abu Dhabi Harlequins

UAE Premiership Cup - Winners: Abu Dhabi Harlequins; Runners up: Dubai Exiles

West Asia Cup - Winners: Bahrain; Runners up: Dubai Exiles

West Asia Trophy - Winners: Dubai Hurricanes; Runners up: DSC Eagles

Final West Asia Premiership standings - 1. Jebel Ali Dragons; 2. Abu Dhabi Harlequins; 3. Bahrain; 4. Dubai Exiles; 5. Dubai Hurricanes; 6. DSC Eagles; 7. Abu Dhabi Saracens

Fixture (UAE Premiership final) - Friday, April 13, Al Ain – Dubai Exiles v Abu Dhabi Harlequins

 

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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.”

WOMAN AND CHILD

Director: Saeed Roustaee

Starring: Parinaz Izadyar, Payman Maadi

Rating: 4/5

F1 The Movie

Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem

Director: Joseph Kosinski

Rating: 4/5

Milestones on the road to union

1970

October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar. 

December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.

1971

March 1:  Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.

July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.

July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.

August 6:  The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.

August 15: Bahrain becomes independent.

September 3: Qatar becomes independent.

November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.

November 29:  At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.

November 30: Despite  a power sharing agreement, Tehran takes full control of Abu Musa. 

November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties

December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.

December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.

December 9: UAE joins the United Nations.

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Director: Elie Semaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5

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Updated: June 08, 2022, 7:25 AM