Shakhtar Donetsk players ahead the Europa League match against Olympique de Marseille in Hamburg on February 15, 2024. AFP
Shakhtar Donetsk players ahead the Europa League match against Olympique de Marseille in Hamburg on February 15, 2024. AFP
Shakhtar Donetsk players ahead the Europa League match against Olympique de Marseille in Hamburg on February 15, 2024. AFP
Shakhtar Donetsk players ahead the Europa League match against Olympique de Marseille in Hamburg on February 15, 2024. AFP

Shakhtar Donetsk - keeping Ukraine football alive in the shadow of war


Andy Mitten
  • English
  • Arabic

Full scale war in Ukraine passed its second anniversary last week but war has affected the existence of Shakhtar Donetsk, the country’s most successful football club of modern times, for a decade now.

Well run, well supported, well backed and successful, Shakhtar long developed players, bought well and sold even better. Mykhaylo Mudryk, Fred, Alex Teixeira, Fernandinho, Willian, Douglas Costa and Henrikh Mkhitaryan were all sold for huge fees having thrived at Shakhtar, serial Ukrainian champions this century.

Money was reinvested and they also spent far more than any other Ukrainian side – the country’s top 10 most expensive transfers were all to the club which carries Donetsk in its name but hasn’t played there for a decade.

In 2009 they became the second Ukrainian club after Dynamo Kiev and the first since independence to win a European trophy, the Uefa Cup. They’re ranked 25th in Europe, down from being the top 15 club that they were pre-2014, but still above the likes of AC Milan and Tottenham Hotspur in Uefa’s coefficient rankings.

Serhiy Palkin, 49, joined in 2003 and two moments stand out for the club’s long-standing lead executive.

“These were in 2014 when we were forced to leave our stadium and our city after conflict broke out when Russia took control of Donetsk,” the 49-year-old tells The National when we meet him for a face-to-face interview in a London hotel. “And 2022 when full scale war broke out. We have been existing under a war for 10 years now. We lost our normal life ten years ago.”

The lives of players, managers and club staff have changed completely.

“First we moved to Kiev in 2014 and then in 2022 we moved to Lviv, 1,000 kilometres from Donetsk. We did that because we continue to play in European competitions and from Lviv to the Polish border it’s much closer. We can cross the border and take a flight to anywhere.”

The logistics just to play a European game are a challenge.

“It’s three hours to the airport in Poland from Lviv if there are no problems at the border, but sometimes you have a lot of crowds and you have to wait. You can spend two hours on that bus at the border waiting for your passports to be checked. It’s complicated.”

Rare is the sight of Ukrainian men leaving their country.

  • Players draped in Ukrainian flags line up before the Ukrainian Premier League match between Shakhtar Donetsk and Metalist 1925 at Kyiv’s Olympic Stadium on Tuesday, August 23, 2022. Reuters
    Players draped in Ukrainian flags line up before the Ukrainian Premier League match between Shakhtar Donetsk and Metalist 1925 at Kyiv’s Olympic Stadium on Tuesday, August 23, 2022. Reuters
  • Shakhtar Donetsk's Taras Stepanenko takes on Metalist 1925 Kharkiv's Yaroslav Martynyuk. Reuters
    Shakhtar Donetsk's Taras Stepanenko takes on Metalist 1925 Kharkiv's Yaroslav Martynyuk. Reuters
  • Shakhtar Donetsk's Neven Djurasek battles with FC Metalist 1925 Kharkiv's Artem Gabelok and Yaroslav Martynyuk. Reuters
    Shakhtar Donetsk's Neven Djurasek battles with FC Metalist 1925 Kharkiv's Artem Gabelok and Yaroslav Martynyuk. Reuters
  • Shakhtar Donetsk's Artem Bondarenko battles for the ball with Metalist 1925's Andriy Remenyuk. Reuters
    Shakhtar Donetsk's Artem Bondarenko battles for the ball with Metalist 1925's Andriy Remenyuk. Reuters
  • Players of Shakhtar Donetsk warm up before the opening match of the new season of Ukrainian Premier League in Kyiv. EPA
    Players of Shakhtar Donetsk warm up before the opening match of the new season of Ukrainian Premier League in Kyiv. EPA
  • Ukrainian Premier League began its new season on Tuesday . EOPA
    Ukrainian Premier League began its new season on Tuesday . EOPA
  • Players of Shakhtar Donetsk warm up before the opening match of the new season against Metalist 1925 Kharkiv. EPA
    Players of Shakhtar Donetsk warm up before the opening match of the new season against Metalist 1925 Kharkiv. EPA
  • An empty Olympic Stadium in Kyiv, Ukraine. EPA
    An empty Olympic Stadium in Kyiv, Ukraine. EPA

“Ukrainian men are not allowed to leave, it is prohibited. But President Zelensky and our government made a special allowance for our players to leave the country to play in these competitions. When you have this kind of allowance, when the whole country is watching you, then you must give everything on the pitch from the deepest corners of your heart. They need to try and give some positive signals to our country, that Ukrainians can do something on a European level.”

It’s not easy for this young squad.

“When we travelled to Porto and Barcelona this season, it took the whole day to get there. From a mental and physical point of view, it makes it very difficult for the players. They are less competitive when they arrive after 10 hours of travelling.”

Then they must make the return journey back to their country where sirens of the air raids are frequent, where one subject dominates the news cycle: War.

“Our players and staff have to achieve with so much negativity in their lives,” explains Palkin.

“Negative news every day from the war, being away from their families and friends. It can destroy your brain. You sometimes wake up in the morning, read the news and you don’t want to continue.

"It’s difficult to be mentally fresh and concentrate. The problem we have is that when you play at our level, then if you lose concentration for one minute then you can make mistakes and lose a game. It’s tiny margins.”

Shakhtar Donetsk CEO Serhiy Palkin. Photo: Shakhtar Donetsk
Shakhtar Donetsk CEO Serhiy Palkin. Photo: Shakhtar Donetsk

And yet on November 7, 2023, a single goal from 22-year-old forward Danylo Sikan secured a 1-0 win against Barcelona which kept them competitive in a tough group along with Porto and Royal Antwerp.

The conflict is never far away, though. Before the Porto home game, the brother of goalkeeper Dmytro Riznyk died from wounds after a mine exploded.

“You raised me. You were always my support. I love you, sleep well. Glory to Ukraine! Glory to the heroes!” wrote Riznyk.

“And our players are heroes,” says Palkin. “What our players go through is not like any others in European competition. So can you imagine what it feels like when you beat Barcelona? It means that even in this hard time Ukrainians can enjoy the positive feelings we gave them.”

Not that Shakhtar are allowed to play home games in their home country.

“This season Hamburg, last season it was Warsaw. Legia [Warsaw] was not playing in European competitions last year so many fans came to watch us. This year, they are playing in European competition so it makes no sense for us to be playing in the same city as them.

"In Hamburg, they’ve not had Champions League football for 20 years. It was an experiment for us and it worked. Before that in Poland, there are more than three million Ukrainian refugees, plus Ukrainians who lived there before the war.

"The stadium was full when we played. We are always moving around. In Ukraine for domestic games, we cannot fly. Ukraine is a big country but we must go by bus to games. That can take five, six, eight hours each way.”

Where the team start their journeys can also change.

“In our normal days we stay in Lviv. But what does that mean? We rent a hotel outside the city and opposite in the hotel we have a training pitch. The players’ family live outside of Lviv, Kiev or abroad. Players train and go back to the hotel. They don’t wake up with their families.”

Shakhtar are constantly having to adapt to change brought about by football or geopolitics. Germany has also taken in more Ukrainian refugees than any other city in Europe, with an estimated 80,000 in Hamburg.

“Before we played in Germany, we spoke to the people there and they liked the idea. It was a risk but we played Royal Antwerp and 40,000 people turned up – 90 per cent of them German. We didn’t know what the reaction would be to us, but the German people supported us. And they supported us more when we played well and beat Barcelona. And next season? We can’t play in Ukraine, we have plans to go to Dusseldorf. I hope this will go ahead.”

There are new laws brought in specifically for Ukrainian clubs, too.

“When the war started, everybody anticipated the decisions of Fifa as to our players,” says Palkin. “I realised that players from outside Ukraine would not stay and we started to sell them. We agreed sales with the agents and players and club for almost every player.

"We needed money, we have debts owed from buying players. We almost signed a deal with Fulham for [Manor] Solomon [now at Tottenham) and almost agreed a deal for Tete [then off Lyon, now of Galatasaray]. I kept trying to contact Fifa to have communications with them for clarity. We needed to know the situation of our players. It was difficult.

"Fifa barely wanted to communicate with us. We tried to speak to them with many well-connected people. Fifa didn’t want to talk and I don’t understand. Fifa acted very badly in respect of Ukrainian clubs. There was no openness, no discussions on how to help us.”

Finally, Fifa, who felt that the priority is player welfare and not the financial stability of clubs, introduced Annexe 7, an extraordinary rule granting all foreign players and coaches the right to suspend their contract employment with Russian and Ukrainian clubs.

“I don’t know why they did this and in just one day we lost all our players,” says Palkin. “We had a €40 million debt on these players and they were allowed to be released for free. And at the same time, Fifa told me that we had to pay these debts and if we didn’t then then we would withdraw our licence to play in European competitions.”

“Journalists couldn’t understand and asked me why. I couldn’t give them an answer and we didn’t get an answer from Fifa. The big winners were the agents of players. Agents have profited from war. They say they support Ukraine, but money which could have gone to us for investing into the players and developing the players went to agents. Suddenly, agents had players which were almost free and they could negotiate much more fees from the clubs they sold them too.

  • Shakhtar Donetsk's Ukrainian forward Oleksandr Zubkov celebrates after giving his side the lead in the 1-1 draw with Real Madrid in Warsaw on October 11, 2022. AFP
    Shakhtar Donetsk's Ukrainian forward Oleksandr Zubkov celebrates after giving his side the lead in the 1-1 draw with Real Madrid in Warsaw on October 11, 2022. AFP
  • Real Madrid's Antonio Rudiger receives medical attention. Reuters
    Real Madrid's Antonio Rudiger receives medical attention. Reuters
  • Antonio Rudiger levels the scores at 1-1 in stoppage time. Reuters
    Antonio Rudiger levels the scores at 1-1 in stoppage time. Reuters
  • Shakhtar's Oleksandr Zubkov scores the opening goal. AFP
    Shakhtar's Oleksandr Zubkov scores the opening goal. AFP
  • Antonio Rudiger of Real Madrid celebrates with team mates after scoring. Getty
    Antonio Rudiger of Real Madrid celebrates with team mates after scoring. Getty
  • Bohdan Mykhailichenko of Shakhtar Donetsk is challenged by Federico Valverde of Real Madrid. Getty
    Bohdan Mykhailichenko of Shakhtar Donetsk is challenged by Federico Valverde of Real Madrid. Getty
  • Oleksandr Zubkov of Shakhtar Donetsk is challenged by Aurelien Tchouameni of Real Madrid. Getty
    Oleksandr Zubkov of Shakhtar Donetsk is challenged by Aurelien Tchouameni of Real Madrid. Getty
  • Real's Rodrygo is challenged by Yukhym Konoplya of Shakhtar. Getty
    Real's Rodrygo is challenged by Yukhym Konoplya of Shakhtar. Getty
  • Real Madrid coach Carlo Ancelotti watches the action. EPA
    Real Madrid coach Carlo Ancelotti watches the action. EPA
  • Shakhtar's Georgiy Sudakov battles with Real's Karim Benzema. EPA
    Shakhtar's Georgiy Sudakov battles with Real's Karim Benzema. EPA

“Just one player stayed. Lassina Traore, a striker we’d brought him from Ajax. When the full war started he was injured and it was difficult for him to find a club. We welcomed him back and he plays for us.”

Struggling to sell players, Shakhtar must focus elsewhere on revenue streams.

“We’re funded by Uefa prize money, sales of tickets and extras from stadiums in Champions League. We receive nothing from spectators in the domestic league as it’s prohibited. We’ve had almost four years of no fans. First Covid, then war.

"A new resolution has been issued saying that 30 per cent of capacity of stadiums can be used for spectators. So, if your stadium holds 25,000, you can have 8,000 spectators. The problem is that you must guarantee bomb shelters for 30 per cent. This is impossible. You cannot build a bomb shelter for 8,000 people. So, we are left with maybe allowing 1,000 supporters.”

Ukrainian domestic football continues, with some games played close to the frontline running for 600 miles across the east of the country.

“We travel by coach, we play the game and leave,” says Palkin. “Ukrainians are more or less adapted to this life. For new foreign players, they don’t feel about this war the same as the Brazilians, for instance, who left during the first weeks of the full-scale war.

"Then, we were in Kiev and bombs were falling. They stayed in shelters for many days. The Russian army was approaching Kiev from north, west and east. It was a nightmare and the players were scared a lot.

"They left, but they still think it’s like this and it’s not. I can’t say it’s calm because almost every day and night we have air raid sirens to warn that the rockets are coming in. People are spending half of the night in the shelters and it’s difficult, but it’s still not the same as when Russian army were close to Kiev.”

There are other exiles within Ukraine – if they even exist. Zorya Luhansk play their games in Zaporizhia, while fellow Premier League side Mariupol ceased to exist after their city was taken over by Russian forces. Their stadiums – a beautiful home for a club that was doing so well – lie in land occupied by Russian forces.

“When I arrived at the club, its president Rinat Akhmetov told me that he wanted to build a European level-club,” explains Palkin.

“We started to build this club. We paid attention to everything: the academy – and there were eight Ukrainians playing in our recent European game against Marseille, almost all from our academy. And if you look at the history of how we sell players, the most expensive sales are from our academy.

"Mykhailo Mudryk went to Chelsea. That helped us a lot to repay debts and run our club. We built a scouting network; we built the commercial side. We wanted resources in all areas and that helped us jump a lot.”

The sale of Mykhailo Mudryk to Chelsea helped Shakhtar Donetsk stay afloat financially. Reuters
The sale of Mykhailo Mudryk to Chelsea helped Shakhtar Donetsk stay afloat financially. Reuters

The new Donbas Arena opened in 2009 with a concert by the American singer Beyonce. With an all-seated capacity of 52,198, it was a Uefa 4-star venue and fit for what had become Ukraine’s most successful club.

The arena staged games for Euro 2012. France, England, Spain, Portugal and Ukraine all played there as the venue was used up to the semi-finals. Manchester United visited in 2013, yet within a year the venue was used to stage a peace march against the violence of pro-Russian unrest in the self-proclaimed Donetsk People’s Republic.

The following year, the stadium was damaged by artillery as pro-Ukrainian forces clashed with pro-Russian separatists for control of Ukraine’s fifth biggest city of one million.

It lies only five miles from the front line but since Shakhtar’s departure in 2014, it hasn’t been used since.

“Before 2014, almost all people in Donetsk spoke Russian, but when the full-scale war started a lot of people left the city. Some left for Kiev, others to western parts of Ukraine or out of Ukraine. And almost all of them changed to speak in Ukrainian and not Russian. It was a signal of support to speak Ukrainian. The people had spoken Russian, they never thought that Russia would start to kill them. Russian became the language of the enemy.”

Several former Shakhtar players stayed in the city and supported the unrecognised Donetsk People’s Republic. Palkin himself hasn’t visited Donetsk since 2016.

“There are some Shakhtar fans there but most have left. Our beautiful stadium and training camp is still there but it has already been 10 years since we left.”

Many of Shakhtar’s Ultras hardcore are fighting in the war.

“We are always in contact with them,” says Palkin. “We support them. They might ask us to help them. We have a person in the club connected with all these guys. They might need clothes for their kids or generators. We don’t send munitions. Everybody is proud of our soldiers and we are involved. We’ve run schools for kids, we’ve started a football team from soldiers who may have severe injuries from the war.”

We are the ones living this war. We must survive – and survive as a football club too
Serhiy Palkin

It is hard to overestimate the transformation forced upon Shakhtar.

“Before 2014 we were a club from Donetsk,” says Palkin. “Now we are seen as a club from the whole of Ukraine. We’ve played in Kharkiv, Kiev, Lviv. We play everywhere. We’ve spent 10 years travelling.”

Fellow Donetsk club Olimpik also moved around cities but don’t currently play in any league, while Metalurh Donetsk went bankrupt in 2015.

Relations with fellow Ukrainian rivals are not unhealthy.

"We support each other, we have unity. Yes, we have arguments, but personal relations are good, especially after full scale war. Before, it was difficult for us to agree about money from the TV pool. Games are still on television in Ukraine, but we don’t argue about the TV money because there is no TV money!”

It’s a rare moment of humour in a serious, absorbing conversation with the former accountant who is well-respected in European football.

Shakhtar are different from the others. Ukrainian, yet established in European competitions with the incumbent revenue streams.

Even this season, they picked up nine points in a difficult Champions League group when they were unfortunate not to qualify for the knockout stage, but instead went into a Europa League play-off against Marseille, which they lost 5-3 on aggregate after two late goals in the second leg in France. It’s the small margins.

Shakhtar go on.

“We must use this situation [the war] to develop our strategy,” says Palkin. “We are a unique club. We lost our home 10 years ago and yet we’ve kept good results. Not top results because it’s difficult with our conditions, but healthy results. And by getting these results, people continue to hear about us in Ukraine. People cannot forget us.

“I hear that people outside of Ukraine are tired hearing about this war after two years. Maybe, but we are the ones living this war. We must survive – and survive as a football club too. We must be commercial to survive, we must concentrate on income from abroad since we can’t get income at home. We want to open football schools and have collaborations with local clubs, be they in the Middle East helping clubs develop academies or scouting networks. We need friends.”

Shakhtar Donetsk's Ukrainian midfielder Heorhiy Sudakov fights for the ball with Marseille's French midfielder Jordan Veretout. AFP
Shakhtar Donetsk's Ukrainian midfielder Heorhiy Sudakov fights for the ball with Marseille's French midfielder Jordan Veretout. AFP

A friendly game at Tottenham Hotspur saw 56,000 attend in what turned out to be Harry Kane’s final game before he joined Bayern Munich. Many Spurs fans flew Ukraine flags.

“It’s important that we have these friendly matches. We played Tottenham Hotspur which made money which we sent for refugees, for our soldiers, for hospitals in Ukraine. We played a friendly game in Japan and we got a lot of support. The whole country knew that we were there. We attracted attention from the local community and a message that we need help and support and to generate money for Ukrainians.”

And the future?

“I don’t know how long it will be until we return to Donetsk, but I believe that we will return. It’s our dream to return and I am optimistic but even if the war finishes tomorrow it will take a long time to reconstruct Ukraine to how it was before. If you are not optimistic then you will go crazy. We all need to help to reach our goals to win this war. And if we don’t win then the situation won’t just be critical for Ukraine, but for the whole democratic world.”

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Groom and Two Brides

Director: Elie Semaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5

Uefa Champions League last 16 draw

Juventus v Tottenham Hotspur

Basel v Manchester City

Sevilla v  Manchester United

Porto v Liverpool

Real Madrid v Paris Saint-Germain

Shakhtar Donetsk v Roma

Chelsea v Barcelona

Bayern Munich v Besiktas

START-UPS%20IN%20BATCH%204%20OF%20SANABIL%20500'S%20ACCELERATOR%20PROGRAMME
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What are NFTs?

Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.

You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”

However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.

This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”

This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.

Test

Director: S Sashikanth

Cast: Nayanthara, Siddharth, Meera Jasmine, R Madhavan

Star rating: 2/5

Who has been sanctioned?

Daniella Weiss and Nachala
Described as 'the grandmother of the settler movement', she has encouraged the expansion of settlements for decades. The 79 year old leads radical settler movement Nachala, whose aim is for Israel to annex Gaza and the occupied West Bank, where it helps settlers built outposts.

Harel Libi & Libi Construction and Infrastructure
Libi has been involved in threatening and perpetuating acts of aggression and violence against Palestinians. His firm has provided logistical and financial support for the establishment of illegal outposts.

Zohar Sabah
Runs a settler outpost named Zohar’s Farm and has previously faced charges of violence against Palestinians. He was indicted by Israel’s State Attorney’s Office in September for allegedly participating in a violent attack against Palestinians and activists in the West Bank village of Muarrajat.

Coco’s Farm and Neria’s Farm
These are illegal outposts in the West Bank, which are at the vanguard of the settler movement. According to the UK, they are associated with people who have been involved in enabling, inciting, promoting or providing support for activities that amount to “serious abuse”.

MATCH INFO

Tottenham Hotspur 0 Everton 1 (Calvert-Lewin 55')

Man of the Match Allan (Everton)

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While you're here
KEY DEVELOPMENTS IN MARITIME DISPUTE

2000: Israel withdraws from Lebanon after nearly 30 years without an officially demarcated border. The UN establishes the Blue Line to act as the frontier.

2007: Lebanon and Cyprus define their respective exclusive economic zones to facilitate oil and gas exploration. Israel uses this to define its EEZ with Cyprus

2011: Lebanon disputes Israeli-proposed line and submits documents to UN showing different EEZ. Cyprus offers to mediate without much progress.

2018: Lebanon signs first offshore oil and gas licencing deal with consortium of France’s Total, Italy’s Eni and Russia’s Novatek.

2018-2019: US seeks to mediate between Israel and Lebanon to prevent clashes over oil and gas resources.

The%20specs%20
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Company%20profile
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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.”

Fixtures
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Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

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Updated: February 29, 2024, 10:03 AM