The difference could not have been any more acute. While the emotions poured out of Uzbekistan’s players, officials, media and supporters in scenes of mass euphoria, the UAE were merely numb.
Not disconsolate. Just flat. Just as their performance had been on a frustrating first night for new coach Cosmin Olaroiu.
It is not over for the national team. But they would certainly have preferred to have been in their opposition’s boots on a peculiar night in Abu Dhabi.
The Uzbeks had achieved the dream: a first ever appearance at a World Cup. They had done so with courage and skill, too, if not necessarily panache.
All they needed was a point to secure the second automatic qualifying place from this stage of Asian qualifying. If it was achieved via a stalemate, then so be it.
They blocked up the middle of the field, massed the defence, and the UAE realistically got nowhere near as a result. It was a defensive masterclass, which brought with it an outpouring of joy.
The Uzbek section at the Al Nahyan Stadium was kept to around 1,000 fans. Yet hundreds more had made it inside, while thousands of others were left outside, wanting to share in their moment of history.
When it was achieved, players and staff were in tears. Utkir Yusupov, the goalkeeper who was named player of the match on behalf of his side’s defensive effort, fell to his knees and cried.
Just as the dedications were starting – to the president, and all the people of Uzbekistan – the press conference was ambushed by fevered players. Some traded doppis – the traditional Uzbek skullcap – with thrilled travelling journalists.
Abdukodir Khusanov, the Manchester City defender who had coincidentally achieved his ambition in a match played in the city of his ultimate employers, hugged anyone and everyone.
Timur Kapadze, the Uzbek manager, had a brief and unspectacular stint playing for Sharjah for a few months back in 2012.
His opposite number, Olaroiu, had arrived direct from the same club amid much fanfare about what he could achieve in his new posting with the UAE.
A new manager bounce was required from a UAE side who needed two wins from their final two games to stand a chance of progressing directly to the World Cup.
It did not quite work out that way. The goalless draw rendered that impossible, meaning they will now have to navigate an extra round in October.
“The disappointment is very big because it was very near,” Olaroiu said.
“We controlled more, had more possession, had more chances than them, but unfortunately we didn’t score.
“It was not exactly the perfect game and I think we can improve. We have to continue to believe and fight for the second chance that we are going to have in October.
“Uzbekistan tried to keep it 0-0 and they did it in the end. For them to qualify, it is a big achievement for their football. Now, we hope it will be our turn.”
The home team had 62 per cent of possession, but the chances they were able to fashion were few. When they did eke out openings, Yusupov was good enough to repel them.
He turned away a Lucas Pimenta header, as well as low shots from Fabio De Lima and Yahya Al Ghassani.
Despite the draw, all is not lost. The UAE head to Bishkek next for a match against Kyrgyzstan on Tuesday that is now essentially meaningless.
It will, though, be another chance for Olaroiu to impress his ideas on a set of players whom he has been with for barely a week so far.
He does now have the chance to build something for the next shot at qualification. The fourth round of the Asian qualifying process will involve six teams, playing in two groups in October.
The third and fourth placed teams from the current round will be split into two groups of three. The sides will then play each other once each over the course of a week, with the winners advancing to the United States, Canada and Mexico next year.
So far, four of the teams involved are confirmed: the UAE, Qatar, Iraq and Indonesia. Saudi Arabia will almost certainly be involved, while the other team will be either Oman or Palestine.
Olaroiu said the incentive at that event will be massive. Now is the time to work out the details of how to bring about success.
“You have a once in a lifetime chance,” Olaroiu said. “I don’t think you should talk about motivation as much as preparation.
“That is the most important thing. Now is the end of the season, we have a break, then the clubs will start their preparations.
“In September, there is [an international] break and we will have some friendly games. The preparation is very, very important because the work the clubs will do now will influence it.”
The National's picks
4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young
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.”
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The calling app is available to download on Google Play and Apple App Store
To successfully install ToTok, users are asked to enter their phone number and then create a nickname.
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UAE currency: the story behind the money in your pockets
MATCH INFO
Manchester United 1 (Greenwood 77')
Everton 1 (Lindelof 36' og)
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Killing of Qassem Suleimani
Iftar programme at the Sheikh Mohammed Centre for Cultural Understanding
Established in 1998, the Sheikh Mohammed Centre for Cultural Understanding was created with a vision to teach residents about the traditions and customs of the UAE. Its motto is ‘open doors, open minds’. All year-round, visitors can sign up for a traditional Emirati breakfast, lunch or dinner meal, as well as a range of walking tours, including ones to sites such as the Jumeirah Mosque or Al Fahidi Historical Neighbourhood.
Every year during Ramadan, an iftar programme is rolled out. This allows guests to break their fast with the centre’s presenters, visit a nearby mosque and observe their guides while they pray. These events last for about two hours and are open to the public, or can be booked for a private event.
Until the end of Ramadan, the iftar events take place from 7pm until 9pm, from Saturday to Thursday. Advanced booking is required.
For more details, email openminds@cultures.ae or visit www.cultures.ae
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UAE currency: the story behind the money in your pockets
VEZEETA PROFILE
Date started: 2012
Founder: Amir Barsoum
Based: Dubai, UAE
Sector: HealthTech / MedTech
Size: 300 employees
Funding: $22.6 million (as of September 2018)
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Sole survivors
- Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
- George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
- Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
- Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.