• UAE's players after their defeat in the World Cup 2022 play-off against Australia at the Ahmad bin Ali stadium in Al Rayyan on Tuesday, June 7, 2022. AFP
    UAE's players after their defeat in the World Cup 2022 play-off against Australia at the Ahmad bin Ali stadium in Al Rayyan on Tuesday, June 7, 2022. AFP
  • UAE forward Caio Canedo marks Australia's defender Aziz Behich during their World Cup 2022 play-off. AFP
    UAE forward Caio Canedo marks Australia's defender Aziz Behich during their World Cup 2022 play-off. AFP
  • Ajdin Hrustic, right, celebrates scoring the winner against the UAE in Al Rayyan on Tuesday. EPA
    Ajdin Hrustic, right, celebrates scoring the winner against the UAE in Al Rayyan on Tuesday. EPA
  • Australia's midfielder Jackson Irvine, second right, celebrates with teammates after scoring the opener. AFP
    Australia's midfielder Jackson Irvine, second right, celebrates with teammates after scoring the opener. AFP
  • Australia's Martin Boyle celebrates a goal against UAE. AP
    Australia's Martin Boyle celebrates a goal against UAE. AP
  • Caio Canedo celebrates after scoring UAE's equaliser against Australia. EPA
    Caio Canedo celebrates after scoring UAE's equaliser against Australia. EPA
  • UAE's forward Caio Canedo scored the equaliser on Tuesday. AFP
    UAE's forward Caio Canedo scored the equaliser on Tuesday. AFP
  • Nathaniel Atkinson of Australia vies for the ball with UAE's Harib Abdallah. EPA
    Nathaniel Atkinson of Australia vies for the ball with UAE's Harib Abdallah. EPA
  • Kye Rowles, right, takes on Ali Mabkhout of the UAE. EPA
    Kye Rowles, right, takes on Ali Mabkhout of the UAE. EPA
  • UAE's defender Khalifa Al Hammadi dribbles past Australia's Alex Wilkinson at the Ahmad bin Ali stadium on Tuesday. AFP
    UAE's defender Khalifa Al Hammadi dribbles past Australia's Alex Wilkinson at the Ahmad bin Ali stadium on Tuesday. AFP
  • UAE's goalkeeper Khalid Eisa during the World Cup 2022 play-off at the Ahmad bin Ali stadium. AFP
    UAE's goalkeeper Khalid Eisa during the World Cup 2022 play-off at the Ahmad bin Ali stadium. AFP
  • UAE manager Rodolfo Arruabarrena gives instructions. Getty
    UAE manager Rodolfo Arruabarrena gives instructions. Getty

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.

Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

World Cricket League Division 2

In Windhoek, Namibia - Top two teams qualify for the World Cup Qualifier in Zimbabwe, which starts on March 4.

UAE fixtures

Thursday February 8, v Kenya; Friday February 9, v Canada; Sunday February 11, v Nepal; Monday February 12, v Oman; Wednesday February 14, v Namibia; Thursday February 15, final

Honeymoonish
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Arabian Gulf League fixtures:

Friday:

  • Emirates v Hatta, 5.15pm
  • Al Wahda v Al Dhafra, 5.25pm
  • Al Ain v Shabab Al Ahli Dubai, 8.15pm

Saturday:

  • Dibba v Ajman, 5.15pm
  • Sharjah v Al Wasl, 5.20pm
  • Al Jazira v Al Nasr, 8.15pm
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THREE
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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.”

57%20Seconds
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The specs

Engine: 3.9-litre twin-turbo V8

Transmission: seven-speed

Power: 720hp

Torque: 770Nm

Price: Dh1,100,000

On sale: now

MATCH INFO

Everton 0

Manchester City 2 (Laporte 45 2', Jesus 90 7')

'Top Gun: Maverick'

Rating: 4/5

 

Directed by: Joseph Kosinski

 

Starring: Tom Cruise, Val Kilmer, Jennifer Connelly, Jon Hamm, Miles Teller, Glen Powell, Ed Harris

 
Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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
WHAT IS A BLACK HOLE?

1. Black holes are objects whose gravity is so strong not even light can escape their pull

2. They can be created when massive stars collapse under their own weight

3. Large black holes can also be formed when smaller ones collide and merge

4. The biggest black holes lurk at the centre of many galaxies, including our own

5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed

Updated: June 08, 2022, 7:25 AM