Mahela Jayawardene has led by example, scoring 210 runs in this year's World Twenty20. Aijaz Rahi / AP Photo
Mahela Jayawardene has led by example, scoring 210 runs in this year's World Twenty20. Aijaz Rahi / AP Photo
Mahela Jayawardene has led by example, scoring 210 runs in this year's World Twenty20. Aijaz Rahi / AP Photo
Mahela Jayawardene has led by example, scoring 210 runs in this year's World Twenty20. Aijaz Rahi / AP Photo

Mahela Jayawardene proving to be the go-to guy for Sri Lanka


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COLOMBO // This time last year Sri Lanka were a bit of a mess. Mahela Jayawardene and Kumar Sangakkara had given up the captaincy, Tillakaratne Dilshan was struggling and the board was bankrupt.

Maybe we just do not wonder enough about what goes on in Sri Lankan cricket because you wonder about the details of Jayawardene and Sangakkara leaving behind the leadership. Tales and details of Indian and Pakistani dysfunction travel well but not so Sri Lanka.

This time last year, Sri Lanka were definitely not making it to the final of the World Twenty20, favourites to win a world title in front of their people.

Here they are though and had this turnaround been Indian or Pakistani, imagine the eulogies. Maybe a win at the R Premadasa tonight will bring forth some because they are needed.

To Jayawardene, as returning captain early this year, naturally goes much of the credit. Of the three recent captains, he has easily looked the most captainly, his leadership like his batting, elegant, proactive and smart.

Unsurprisingly, given what has happened in this time, he could not have imagined he would be leading his side out tonight into what, he admitted, was the biggest game staged on Sri Lankan soil.

"Both occasions that I've led my country I've been put into the situation," he explained.

"The first time Marvan [Atapattu] got injured and then I continued and this time ... No I wasn't thinking that far ahead obviously last year, just concentrating on my batting. I've always said I've first seen myself as a player in the team and then as a leader.

"All the decision-making comes in different stages and you don't think too much about it, you just concentrate on your contribution as a player to the team. That is the most important thing."

He could hardly have contributed more; his side's top-scorer this tournament and the creator of a bit of silk from clay that won the semi-final against Pakistan. He is also the perfect buffer between the expectations of this country. Those may not be as extreme as the subcontinent neighbours, but they are heavy and he knows it. And he soaks it in.

This will be the second time he leads Sri Lanka into a world final and the disappointing loss in that first one – the 50-over World Cup defeat to Australia in the West Indies in 2007 – has been added to by losses in the World T20 final in 2009 and the World Cup in 2011 (as well as a semi-final defeat in the 2010 World T20).

But Jayawardene – and this is revealing of him and the way people follow the game here – has seen those losses as medallions, not nooses around his neck. No one says that the Sri Lankans choke.

"Going into finals is fantastic and we don't take it as a negative thing. We've tried our best in those finals but the other team has played better cricket so going into this what we'll try to do is to play better cricket than the opposition, it's as simple as that. We don't want to go back in history."

Tonight really feels like it will be different, not only because on paper they should win more against the West Indies than they lose, or that the entire 35,000 (and more) crowd will be behind them. No, Sri Lanka winning this, at home, in the first global event the have hosted alone since peace returned, just feels right.

"It has been a great couple of weeks for the entire country, people have embraced that well," he said. "They've been fantastic, they've enjoyed some good cricket. When we started the tournament expectations were the same and they wanted us in the final.

"That hasn't died down and as a team we've handled that pretty well. We haven't gotten ahead of ourselves, we've just concentrated on one game at a time and we're here now and we'll concentrate on the final."

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Scores

Day 2

New Zealand 153 & 56-1
Pakistan 227

New Zealand trail by 18 runs with nine wickets remaining

Scores:

Day 4

England 290 & 346
Sri Lanka 336 & 226-7 (target 301)

Sri Lanka require another 75 runs with three wickets remaining

The specs

Engine: 3.9-litre twin-turbo V8
Power: 620hp from 5,750-7,500rpm
Torque: 760Nm from 3,000-5,750rpm
Transmission: Eight-speed dual-clutch auto
On sale: Now
Price: From Dh1.05 million ($286,000)

SANCTIONED
  • Kirill Shamalov, Russia's youngest billionaire and previously married to Putin's daughter Katarina
  • Petr Fradkov, head of recently sanctioned Promsvyazbank and son of former head of Russian Foreign Intelligence, the FSB. 
  • Denis Bortnikov, Deputy President of Russia's largest bank VTB. He is the son of Alexander Bortnikov, head of the FSB which was responsible for the poisoning of political activist Alexey Navalny in August 2020 with banned chemical agent novichok.  
  • Yury Slyusar, director of United Aircraft Corporation, a major aircraft manufacturer for the Russian military.
  • Elena Aleksandrovna Georgieva, chair of the board of Novikombank, a state-owned defence conglomerate.
While you're here
UAE currency: the story behind the money in your pockets
UAE tour of Zimbabwe

All matches in Bulawayo
Friday, Sept 26 – UAE won by 36 runs
Sunday, Sept 28 – Second ODI
Tuesday, Sept 30 – Third ODI
Thursday, Oct 2 – Fourth ODI
Sunday, Oct 5 – First T20I
Monday, Oct 6 – Second T20I

FIXTURES

Thu Mar 15 – West Indies v Afghanistan, UAE v Scotland
Fri Mar 16 – Ireland v Zimbabwe
Sun Mar 18 – Ireland v Scotland
Mon Mar 19 – West Indies v Zimbabwe
Tue Mar 20 – UAE v Afghanistan
Wed Mar 21 – West Indies v Scotland
Thu Mar 22 – UAE v Zimbabwe
Fri Mar 23 – Ireland v Afghanistan

The top two teams qualify for the World Cup

Classification matches 
The top-placed side out of Papua New Guinea, Hong Kong or Nepal will be granted one-day international status. UAE and Scotland have already won ODI status, having qualified for the Super Six.

Thu Mar 15 – Netherlands v Hong Kong, PNG v Nepal
Sat Mar 17 – 7th-8th place playoff, 9th-10th place play-off

TO A LAND UNKNOWN

Director: Mahdi Fleifel

Starring: Mahmoud Bakri, Aram Sabbah, Mohammad Alsurafa

Rating: 4.5/5

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How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

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.”

Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
  • Option 2: 50% across three years
  • Option 3: 30% across five years 
TEAMS

US Team
Dustin Johnson, Jordan Spieth
Justin Thomas, Daniel Berger
Brooks Koepka, Rickie Fowler
Kevin Kisner, Patrick Reed
Matt Kuchar, Kevin Chappell
Charley Hoffman*, Phil Mickelson*

International Team
Hideki Matsuyama, Jason Day 
Adam Scott, Louis Oosthuizen
Marc Leishman, Charl Schwartzel
Branden Grace, Si Woo Kim
Jhonattan Vegas, Adam Hadwin
Emiliano Grillo*, Anirban Lahiri*

denotes captain's picks

 

 

MATCH INFO

Syria v Australia
2018 World Cup qualifying: Asia fourth round play-off first leg
Venue: Hang Jebat Stadium (Malacca, Malayisa)
Kick-off: Thursday, 4.30pm (UAE)
Watch: beIN Sports HD

* Second leg in Australia scheduled for October 10

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Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Pros%20and%20cons%20of%20BNPL
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Bio

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Town: Al Diqdaqah – Ras Al Khaimah

Education: Bachelors degree in mechanical engineering

Favourite colour: White

Favourite place in the UAE: Downtown Dubai

Favourite book: A Life in Administration by Ghazi Al Gosaibi.

First owned baking book: How to Be a Domestic Goddess by Nigella Lawson.

UAE currency: the story behind the money in your pockets
Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

Sunday's fixtures
  • Bournemouth v Southampton, 5.30pm
  • Manchester City v West Ham United, 8pm
The specs

Price, base / as tested Dh12 million

Engine 8.0-litre quad-turbo, W16

Gearbox seven-speed dual clutch auto

Power 1479 @ 6,700rpm

Torque 1600Nm @ 2,000rpm 0-100kph: 2.6 seconds 0-200kph: 6.1 seconds

Top speed 420 kph (governed)

Fuel economy, combined 35.2L / 100km (est)