It has become the week’s running joke. Although, since we are talking about golf, walking joke might be a more accurate description.
Whenever Henrik Stenson has spotted neighbour Ian Poulter at this week's European Tour event in Turkey, the Turkish Airlines Open, one of them has theatrically draped a folded, white golf towel over their left arm, then gestured toward the other, like a waiter taking a meal order.
The gag dates back several days, to when Poulter spied Stenson being interviewed at their home club in Orlando, Florida, and offered a challenge.
If the Englishman catches Race to Dubai leader Stenson in the tour’s annual sweepstakes, which culminate later this week at the DP World Tour Championship in Dubai, the Swede has to pay for dinner.
They have been trading birdies and pantomimes ever since.
“I kind of knew he was playing all right,” said Stenson after the second round on Friday, “because he had the white towel around his arm, showing me how I’m going to be looking when I’m pouring his drink.”
Those familiar with Stenson’s travails are smirking.
He has played the waiting game twice before, if you will, and come out a winner.
He is not one for waving any white flag of surrender, either.
For the second time in his career, the former Dubai resident has resurrected himself, putting together a career-best season and climbing to the top of the European Tour points list, only 20 months after it appeared he was on a slow slide to oblivion.
After winning the so-called fifth major at the 2009 Players Championship, he climbed to world No 4, then toppled off the mountain.
Beset by personal, professional and physical issues — the triple crown of headaches — an unusual golf irony took hold of his game. Fighting a scorching hook, he had begun a fast fade to irrelevance.
By February 2012, he had skidded to No 230 in the world. His swing coach of the past 11 years, Pete Cowen, half-jokingly called their joint reclamation project, the “raising of the dead”.
Indeed, in a game of peaks and valleys, Stenson had found a Scandinavian fjord.
Hidden behind his trademark wraparound sunglasses, it is not always easy to get a read on the two-time Ryder Cup player. For most of 2010/11, new chapters were quickly being written and none of them were constructive.
Stenson, 37, was famously among the victims of jailed American financier Allen Stanford’s well-chronicled Ponzi scheme, which did a number of the Swede’s assets. “He lost all his money, and everybody thinks that was the cause of all this,” Cowen said. “But that was only part of it.”
In late 2010, he contracted a mysterious stomach parasite that took months to shake. Lean to begin with, Stenson had no energy, dropped several pounds of muscle tone and ruined his swing trying to play through it. “He went from a 6ft 2ins man’s body to a 6ft 2ins boy’s body,” Cowen said.
“He could not train, he lost his energy, his confidence. He lost his glutes, his shoulders, everything.”
Stenson had lost everything before. In 2001, he had the yips so badly with his driver, he walked off the course after three shots in a row sailed out of bounds, claiming he felt “depressed and embarrassed” about playing in public. It took two years, as Stenson slipped outside the world top 600, but he and Cowen retooled his game. By comparison, his 2011 issues were a minor tune-up.
“You don’t lose the golf DNA,” Cowen said. “Sometimes you just lose control of it.”
Shortly before Stenson won a European Tour event in South Africa exactly 12 months ago to truly start the comeback, he told Cowen “I think I know where I am”.
Indeed, with two victories this year, the power-hitting Gothenburg native is back among the world’s elite. The only player to amass more world-ranking points in 2013 is Tiger Woods, yet Cowen estimated that Stenson’s confidence ranks around “seven on a scale of 10”.
“He knows he has more to give,” Cowen said.
If not receive.
In September, Stenson claimed the richest payday in golf, winning the Tour Championship on the PGA Tour to also secure the season-long FedEx Cup points title. The combined bounty was US$11.4 million (Dh41.87m). If Stenson repeats the feat this week at the Jumeirah Golf Estates by winning the tournament and points titles, it would be worth another $2.35m.
Stenson, a player twice felled by lengthy slumps, could be the first to win the FedEx and Race to Dubai double in the same year.
Somebody should warn Poulter to wash his white towel. Because Stenson fully intends to have a second helping.
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Martin Sabbagh profile
Job: CEO JCDecaux Middle East
In the role: Since January 2015
Lives: In the UAE
Background: M&A, investment banking
Studied: Corporate finance
BMW M5 specs
Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor
Power: 727hp
Torque: 1,000Nm
Transmission: 8-speed auto
Fuel consumption: 10.6L/100km
On sale: Now
Price: From Dh650,000
Last five meetings
2013: South Korea 0-2 Brazil
2002: South Korea 2-3 Brazil
1999: South Korea 1-0 Brazil
1997: South Korea 1-2 Brazil
1995: South Korea 0-1 Brazil
Note: All friendlies
More on animal trafficking
Killing of Qassem Suleimani
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
Zayed Sustainability Prize
MISSION: IMPOSSIBLE – FINAL RECKONING
Director: Christopher McQuarrie
Starring: Tom Cruise, Hayley Atwell, Simon Pegg
Rating: 4/5
Killing of Qassem Suleimani
Banned items
Dubai Police has also issued a list of banned items at the ground on Sunday. These include:
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Political flags or banners
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Bikes, skateboards or scooters
In 2018, the ICRC received 27,756 trace requests in the Middle East alone. The global total was 45,507.
There are 139,018 global trace requests that have not been resolved yet, 55,672 of these are in the Middle East region.
More than 540,000 individuals approached the ICRC in the Middle East asking to be reunited with missing loved ones in 2018.
The total figure for the entire world was 654,000 in 2018.
RACE CARD
6.30pm: Al Maktoum Challenge Round-3 – Group 1 (PA) $65,000 (Dirt) 2,000m
7.05pm: Handicap (TB) $65,000 (Turf) 1,800m
7.40pm: Meydan Classic – Listed (TB) $88,000 (T) 1,600m
8.15pm: Nad Al Sheba Trophy – Group 3 (TB) $195,000 (T) 2,810m
8.50pm: Dubai Millennium Stakes – Group 3 (TB) $130,000 (T) 2,000m
9.25pm: Meydan Challenge – Listed Handicap (TB) $88,000 (T) 1,400m
COMPANY%20PROFILE
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Killing of Qassem Suleimani
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The Bio
Ram Buxani earned a salary of 125 rupees per month in 1959
Indian currency was then legal tender in the Trucial States.
He received the wages plus food, accommodation, a haircut and cinema ticket twice a month and actuals for shaving and laundry expenses
Buxani followed in his father’s footsteps when he applied for a job overseas
His father Jivat Ram worked in general merchandize store in Gibraltar and the Canary Islands in the early 1930s
Buxani grew the UAE business over several sectors from retail to financial services but is attached to the original textile business
He talks in detail about natural fibres, the texture of cloth, mirrorwork and embroidery
Buxani lives by a simple philosophy – do good to all
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.”
UK's plans to cut net migration
Under the UK government’s proposals, migrants will have to spend 10 years in the UK before being able to apply for citizenship.
Skilled worker visas will require a university degree, and there will be tighter restrictions on recruitment for jobs with skills shortages.
But what are described as "high-contributing" individuals such as doctors and nurses could be fast-tracked through the system.
Language requirements will be increased for all immigration routes to ensure a higher level of English.
Rules will also be laid out for adult dependants, meaning they will have to demonstrate a basic understanding of the language.
The plans also call for stricter tests for colleges and universities offering places to foreign students and a reduction in the time graduates can remain in the UK after their studies from two years to 18 months.
If you go
Flights
Emirates flies from Dubai to Phnom Penh with a stop in Yangon from Dh3,075, and Etihad flies from Abu Dhabi to Phnom Penh with its partner Bangkok Airlines from Dh2,763. These trips take about nine hours each and both include taxes. From there, a road transfer takes at least four hours; airlines including KC Airlines (www.kcairlines.com) offer quick connecting flights from Phnom Penh to Sihanoukville from about $100 (Dh367) return including taxes. Air Asia, Malindo Air and Malaysian Airlines fly direct from Kuala Lumpur to Sihanoukville from $54 each way. Next year, direct flights are due to launch between Bangkok and Sihanoukville, which will cut the journey time by a third.
The stay
Rooms at Alila Villas Koh Russey (www.alilahotels.com/ kohrussey) cost from $385 per night including taxes.
The chef's advice
Troy Payne, head chef at Abu Dhabi’s newest healthy eatery Sanderson’s in Al Seef Resort & Spa, says singles need to change their mindset about how they approach the supermarket.
“They feel like they can’t buy one cucumber,” he says. “But I can walk into a shop – I feed two people at home – and I’ll walk into a shop and I buy one cucumber, I’ll buy one onion.”
Mr Payne asks for the sticker to be placed directly on each item, rather than face the temptation of filling one of the two-kilogram capacity plastic bags on offer.
The chef also advises singletons not get too hung up on “organic”, particularly high-priced varieties that have been flown in from far-flung locales. Local produce is often grown sustainably, and far cheaper, he says.