The 26th Arabian Gulf Cup kicks off on Saturday in Kuwait when the 10-times champions and hosts get the ball rolling against Oman at the Jaber Al Ahmad International Stadium in Kuwait City. Here’s everything you need to know.
What is it?
The tournament is organised by the Arab Gulf Cup Football Federation and includes its eight member nations: Saudi Arabia, UAE, Qatar, Iraq, Kuwait, Bahrain, Oman and Yemen.
Principally to take place every two years, the competition has been often affected by a number of issues — both political and organisational — meaning there was a gap between the 2019 tournament and the 2023 event, which was hosted and won by Iraq. That proved a special moment for Iraqi football as the team celebrated success while hosting a major football tournament for the first time in almost 44 years.
Where is it?
Kuwait, and, Kuwait City to be precise. The matches will be played at two venues: Jaber Al Ahmad International Stadium (capacity: 60,000) in the Ardhiya area of the city, and the Sulaibikhat Stadium (capacity: 15,000) in Sulaibikhat.
When is it?
December 21-January 3.
Who’s competing?
The eight members of the Arab Gulf Cup Football Federation. They have been drawn in two groups of four, with Group A featuring: UAE, Oman, Kuwait and Qatar. Group B comprises Bahrain, Saudi Arabia, Iraq and Yemen. The top two from each group advance to the semi-finals on December 31, with the final held three days later on January 3.
Group A
December 21: Kuwait v Oman (9pm UAE)
December 21: UAE v Qatar (11pm)
December 24: Oman v Qatar (6.25pm)
December 24: Kuwait v UAE (9.30pm)
December 27: Kuwait v Qatar (6.30pm)
December 27: UAE v Oman (6.30pm)
Group B
December 22: Iraq v Yemen (6.25pm)
December 22: Saudi Arabia v Bahrain (9.30pm)
December 25: Yemen v Saudi Arabia (6.25pm)
December 25: Iraq v Bahrain (9.30pm)
December 28: Iraq v Saudi Arabia (6.30pm)
December 28: Bahrain v Yemen (6.30pm)
Who are the past winners?
Hosts Kuwait are way out in front in terms of success, with 10 titles in all. However, they have won only once in the past 25 years (2010). Iraq have lifted the trophy four times following their triumph two years ago, while Saudi Arabia and Qatar have each lifted the trophy three times. The UAE (2007, 2013) and Oman have each won it twice. Iraq are the defending champions and will look to hang on to the trophy they won by defeating Oman 3-2 after extra-time in dramatic style in Basra.
How to watch in UAE?
Football fans eager to watch the tournament can catch it primarily on AD Sports and Dubai Sports.
More from Neighbourhood Watch:
PRIMERA LIGA FIXTURES
All times UAE ( 4 GMT)
Saturday
Atletico Madrid v Sevilla (3pm)
Alaves v Real Madrid (6.15pm)
Malaga v Athletic Bilbao (8.30pm)
Girona v Barcelona (10.45pm)
Sunday
Espanyol v Deportivo la Coruna (2pm)
Getafe v Villarreal (6.15pm)
Eibar v Celta Vigo (8.30pm)
Las Palmas v Leganes (8.30pm)
Real Sociedad v Valencia (10.45pm)
Monday
Real Betis v Levante (11.pm)
Mercedes V250 Avantgarde specs
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Gearbox: 7-speed automatic
Power: 211hp at 5,500rpm
Torque: 350Nm
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Price: Dh235,000
Who are the Soroptimists?
The first Soroptimists club was founded in Oakland, California in 1921. The name comes from the Latin word soror which means sister, combined with optima, meaning the best.
The organisation said its name is best interpreted as ‘the best for women’.
Since then the group has grown exponentially around the world and is officially affiliated with the United Nations. The organisation also counts Queen Mathilde of Belgium among its ranks.
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.”
Need to know
When: October 17 until November 10
Cost: Entry is free but some events require prior registration
Where: Various locations including National Theatre (Abu Dhabi), Abu Dhabi Cultural Center, Zayed University Promenade, Beach Rotana (Abu Dhabi), Vox Cinemas at Yas Mall, Sharjah Youth Center
What: The Korea Festival will feature art exhibitions, a B-boy dance show, a mini K-pop concert, traditional dance and music performances, food tastings, a beauty seminar, and more.
For more information: www.koreafestivaluae.com
The biog
Favourite hobby: I love to sing but I don’t get to sing as much nowadays sadly.
Favourite book: Anything by Sidney Sheldon.
Favourite movie: The Exorcist 2. It is a big thing in our family to sit around together and watch horror movies, I love watching them.
Favourite holiday destination: The favourite place I have been to is Florence, it is a beautiful city. My dream though has always been to visit Cyprus, I really want to go there.
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Brief scores:
Day 1
Toss: South Africa, field first
Pakistan (1st innings) 177: Sarfraz 56, Masood 44; Olivier 4-48
South Africa (1st innings) 123-2: Markram 78; Masood 1-4
Three tips from La Perle's performers
1 The kind of water athletes drink is important. Gwilym Hooson, a 28-year-old British performer who is currently recovering from knee surgery, found that out when the company was still in Studio City, training for 12 hours a day. “The physio team was like: ‘Why is everyone getting cramps?’ And then they realised we had to add salt and sugar to the water,” he says.
2 A little chocolate is a good thing. “It’s emergency energy,” says Craig Paul Smith, La Perle’s head coach and former Cirque du Soleil performer, gesturing to an almost-empty open box of mini chocolate bars on his desk backstage.
3 Take chances, says Young, who has worked all over the world, including most recently at Dragone’s show in China. “Every time we go out of our comfort zone, we learn a lot about ourselves,” she says.
Biog:
Age: 34
Favourite superhero: Batman
Favourite sport: anything extreme
Favourite person: Muhammad Ali