Kohei Uchimura of Japan competing on the rings in the men's gymnastics Individual all-around final at the Rio 2016 Olympics. How Hwee Young / EPA / August 10, 2016
Kohei Uchimura of Japan competing on the rings in the men's gymnastics Individual all-around final at the Rio 2016 Olympics. How Hwee Young / EPA / August 10, 2016

Olympics roundup: Kohei Uchimura, Ines Boubakri, Team GB diving star on Day 5



• More: Ahmed Rizvi on UAE shooter Khaled Al Kaabi in double trap shooting

Men’s Gymnastics

“Sweat and guts” are the secrets of Kohei Uchimura’s incredible success story, the Japanese gymnastics great said Wednesday after claiming a second all-around men’s title for a third Olympic gold.

A soaring horizontal bar routine saw the 27-year-old snatch the coveted individual title ahead of Ukraine’s Oleg Verniaiev, winning by just 0.099, in a thrilling final in the Rio Olympic Arena.

Britain’s Max Whitlock took bronze.

Uchimura had been behind his 22-year-old rival going onto the final apparatus but sealed gold with an acrobatic display involving spectacular swings and turns.

“I can’t really explain why I have maintained this supremacy,” said Uchimura, unbeaten since taking the first of his record six world all-around titles in 2009.

“It’s sheer guts and determination, I think,” he continued. “I have been pushing and pushing to continue and it has paid off.”

Uchimura made headlines at the start of the Rio Games after racking up a 500,000 yen (Dh18,114) bill playing Pokemon Go on his arrival in Brazil.

But it was down to business as he helped Japan on Monday reclaim the team title they last won in 2004, to add to the world title they won last year.

“After winning the team gold, it was tough to re-focus. I’m so exhausted right now,” he admitted.

Also see

• Rio 2016: Gold medals list for all 306 events

• Day 6: Five to watch – Gabby Douglas v Simone Biles in USA gymnastics battle

Fencing

Ines Boubakri won Africa’s first women’s Olympic fencing medal on Wednesday, dedicating her bronze to “the Tunisian woman, the Arab woman ... who has her place in society”.

Boubakri defeated Russia’s Aida Shanaeva in the individual foil third-place match.

“This medal, it’s historic for Tunisia. It’s incredible,” said the 27-year-old.

“I hope that this will be a message for all Tunisians, especially our youth, all Tunisian women, the Arab woman.

“A message which says that you must believe that women exist and they have their place in society.”

Inna Deriglazova of Russia won gold in the event. The 2012 champion, Elisa Di Francisca, almost grabbed her second consecutive Olympic foil title but the Italian’s valiant fight back ran out of time and she took silver behind Deriglazova.

Di Francisca staged a stunning rally in the final from a 7-12 deficit with 30 seconds on the clock, coming within a touch of levelling it as the final seconds ticked away.

Deriglazova said she was just trying to hang on.

“The thought running through my mind is that I would make it to the end,” she said. “Whatever it takes in those final two seconds, to run away, to fall down, I’ll do that.”

Hungary’s Aron Szilagyi meanwhile defended his Olympic sabre title on Wednesday to deny Daryl Homer what would have been America’s first men’s fencing gold in over 100 years.

Men’s Diving

Britain’s Jack Laugher and Chris Mears turned Rio’s green-water controversy to their advantage to win a first-ever British gold medal in Olympic diving by upsetting China on Wednesday.

The pair scored a narrow 3m synchronised springboard victory over American silver medallists Sam Dorman and Mike Hixon, as Chinese pre-event favourites Cao Yuan and Qin Kai settled for bronze in chilly and drizzly weather.

Laugher drew guffaws at a press conference by saying the Britons felt right at home in the inclement conditions and added that the unintentionally green pool – due to a chemical imbalance, officials say – aided visualisation of their dives.

“Being from the UK, we’re very much used to rain, wind and all that kind of stuff,” he said.

“We actually quite enjoyed (the green water). It’s different from normal, it’s very easy to see. I don’t think they intended it to be that way, obviously, but it did help us in a way, I guess.”

Women’s Swimming

Katie Ledecky swam a sensational anchor leg to claim her third gold medal of the Rio Olympics as the United States won the women’s 4x200m freestyle relay on Wednesday.

Ledecky overhauled Australia’s Tamsin Cook to take her team home in 7min 43.03sec, beating the Aussies into second place with Canada third.

“I was prepared for any circumstance, whether we were ahead or behind,” Ledecky said.

Ledecky was joined by Allison Schmitt, Leah Smith and Maya DiRado in the winning swim. Leah Neale, Emma McKeon, Bronte Barratt and Cook touched in 7:44.87, while Canada’s Katerine Savard, Taylor Ruck, Brittany MacLean and Penny Oleksiak clocked 7:45.39.

Ledecky added the relay gold to her individual triumphs in the 200m and 400m free. She also anchored the US 4x100m free relay team to silver behind Australia.

Men’s Swimming

Australia’s really young gun Kyle Chalmers won the Olympic 100m freestyle gold in Rio on Wednesday to end his country’s 48-year drought in swimming’s prestige event.

The 18-year-old, who was swimming in his school carnival earlier this year, stormed home to win in a junior world record of 47.58sec, 22-tenths of a second ahead of Belgian silver medallist Pieter Timmers’ 47.80 with 2012 gold medallist Nathan Adrian of the United States third in 47.85.

Adrian said he’d never heard of Chalmers until he finished second at the Australian trials.

Chalmers said that suited him just fine.

“I think I definitely flew under the radar,” said the teenager who won’t be able to stay out of the spotlight now after an electrifying Olympic debut that saw him duck under the 48-second mark for the first time in Tuesday’s heats.

Women’s Swimming

Mireia Belmonte-Garcia won Spain’s first gold of the Rio Olympics with victory in the women’s 200m butterfly on Wednesday.

Belmonte-Garcia, who claimed silver in London four years ago, pipped Australia’s Madeline Groves in a pulsating Rio final to touch in 2min 04.85sec, for a winning margin of just three hundredths.

Japan’s Natsumi Hoshi, the reigning world champion, clocked 2:05.20 to match the bronze medal she took in London after a disappointing swim.

It was Belmonte-Garcia’s second medal of the Rio swimming competition after the 25-year-old took bronze in the 400m individual medley earlier in the week.

Men’s Swimming

Beefy Kazakh swimmer Dmitriy Balandin put the former Soviet state on the Olympic map by winning his country’s first gold medal in the sport.

The 21-year-old, who resembles Dolph Lundgren’s character Ivan Drago in the movie “Rocky IV”, roared home from lane eight to win the men’s 200m breaststroke title, surprising even himself.

“It hasn’t sunk in yet that I’m an Olympic champion,” Balandin told reporters in Rio.

“I might need a week or 10 days to produce an adequate reaction. But for now this medal means everything. To make history for Kazakhstan is the best thing I can do for my country. It’s just unbelievable.”

Balandin produced a superb fightback after Japan’s fast-starting Yasuhiro Koseki had threatened to break the world record.

“You don’t win a race in the first 50 metres. You win it in the last 50 metres,” said Balandin, who burst onto the scene by capturing a breaststroke treble at the 2014 Asian Games.

“The Japanese guy went out too fast and ran out of power.”

Balandin’s victory brought Olympic credibility to Kazakhstan – once lampooned by the movie “Borat” and its bumbling main character squeezed into Soviet-era suits.

“I’m very proud to win a medal for my country, it’s a big honour,” he said. “The first Kazakhstan swimming medal – I think the whole of Kazakhstan is celebrating right now.”

Women’s Table Tennis

China’s Ding Ning won the women’s Olympic table tennis title on Wednesday, beating her team boss Li Xiaoxia to avenge the bitter defeat she suffered to her compatriot in London 2012.

Four years after losing the title in acrimonious circumstances when she became embroiled in a row with the referee, Ding, nicknamed “big baby”, finally won the gold she had hankered after so dearly.

The top seed prevailed in seven sets 11-9, 5-11, 14-12, 9-11, 8-11, 11-7, 11-7 to complete the grand slam of World Championship, World Cup and now Olympic titles.

China have won every women’s singles title since table tennis was introduced in Seoul in 1988, and are on course to complete a third successive clean sweep of golds after dominating in Beijing and London.

“I’m a little dazed by this,” said the hugely popular and charismatic Ding.

“I was able to forget the sad memory of that defeat in London. In the four years since I’m more experienced and seasoned.

“I feel like I am a lot more mature than four years ago and told myself before the final to ‘fight for my dreams’.”

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Test

Director: S Sashikanth

Cast: Nayanthara, Siddharth, Meera Jasmine, R Madhavan

Star rating: 2/5

The smuggler

Eldarir had arrived at JFK in January 2020 with three suitcases, containing goods he valued at $300, when he was directed to a search area.
Officers found 41 gold artefacts among the bags, including amulets from a funerary set which prepared the deceased for the afterlife.
Also found was a cartouche of a Ptolemaic king on a relief that was originally part of a royal building or temple. 
The largest single group of items found in Eldarir’s cases were 400 shabtis, or figurines.

Khouli conviction

Khouli smuggled items into the US by making false declarations to customs about the country of origin and value of the items.
According to Immigration and Customs Enforcement, he provided “false provenances which stated that [two] Egyptian antiquities were part of a collection assembled by Khouli's father in Israel in the 1960s” when in fact “Khouli acquired the Egyptian antiquities from other dealers”.
He was sentenced to one year of probation, six months of home confinement and 200 hours of community service in 2012 after admitting buying and smuggling Egyptian antiquities, including coffins, funerary boats and limestone figures.

For sale

A number of other items said to come from the collection of Ezeldeen Taha Eldarir are currently or recently for sale.
Their provenance is described in near identical terms as the British Museum shabti: bought from Salahaddin Sirmali, "authenticated and appraised" by Hossen Rashed, then imported to the US in 1948.

- An Egyptian Mummy mask dating from 700BC-30BC, is on offer for £11,807 ($15,275) online by a seller in Mexico

- A coffin lid dating back to 664BC-332BC was offered for sale by a Colorado-based art dealer, with a starting price of $65,000

- A shabti that was on sale through a Chicago-based coin dealer, dating from 1567BC-1085BC, is up for $1,950

'Cheb%20Khaled'
%3Cp%3E%3Cstrong%3EArtist%3A%20%3C%2Fstrong%3EKhaled%3Cbr%3E%3Cstrong%3ELabel%3A%20%3C%2Fstrong%3EBelieve%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
Museum of the Future in numbers
  •  78 metres is the height of the museum
  •  30,000 square metres is its total area
  •  17,000 square metres is the length of the stainless steel facade
  •  14 kilometres is the length of LED lights used on the facade
  •  1,024 individual pieces make up the exterior 
  •  7 floors in all, with one for administrative offices
  •  2,400 diagonally intersecting steel members frame the torus shape
  •  100 species of trees and plants dot the gardens
  •  Dh145 is the price of a ticket
Tuesday's fixtures
Group A
Kyrgyzstan v Qatar, 5.45pm
Iran v Uzbekistan, 8pm
N Korea v UAE, 10.15pm
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

Match info

Manchester United 1
Fred (18')

Wolves 1
Moutinho (53')

NO OTHER LAND

Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal

Stars: Basel Adra, Yuval Abraham

Rating: 3.5/5

At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

Company%20profile
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20WallyGPT%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2014%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3ESaeid%20and%20Sami%20Hejazi%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%3Cbr%3E%3Cstrong%3EInvestment%20raised%3A%20%3C%2Fstrong%3E%247.1%20million%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%2020%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3EPre-seed%20round%3C%2Fp%3E%0A
2025 Fifa Club World Cup groups

Group A: Palmeiras, Porto, Al Ahly, Inter Miami.

Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.

Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.

Group D: Flamengo, ES Tunis, Chelsea, Leon.

Group E: River Plate, Urawa, Monterrey, Inter Milan.

Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.

Group G: Manchester City, Wydad, Al Ain, Juventus.

Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.

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.”

%20Ramez%20Gab%20Min%20El%20Akher
%3Cp%3E%3Cstrong%3ECreator%3A%3C%2Fstrong%3E%20Ramez%20Galal%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Ramez%20Galal%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStreaming%20on%3A%20%3C%2Fstrong%3EMBC%20Shahid%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E2.5%2F5%3C%2Fp%3E%0A
The Buckingham Murders

Starring: Kareena Kapoor Khan, Ash Tandon, Prabhleen Sandhu

Director: Hansal Mehta

Rating: 4 / 5

The Saudi Cup race card

1 The Jockey Club Local Handicap (TB) 1,800m (Dirt) $500,000

2 The Riyadh Dirt Sprint (TB) 1,200m (D) $1.500,000

3 The 1351 Turf Sprint 1,351m (Turf) $1,000,000

4 The Saudi Derby (TB) 1600m (D) $800,000

5 The Neom Turf Cup (TB) 2,100m (T) $1,000,000

6 The Obaiya Arabian Classic (PB) 2,000m (D) $1,900,000

7 The Red Sea Turf Handicap (TB) 3,000m (T) $2,500,000

8 The Saudi Cup (TB) 1,800m (D) $20,000,000

The Byblos iftar in numbers

29 or 30 days – the number of iftar services held during the holy month

50 staff members required to prepare an iftar

200 to 350 the number of people served iftar nightly

160 litres of the traditional Ramadan drink, jalab, is served in total

500 litres of soup is served during the holy month

200 kilograms of meat is used for various dishes

350 kilograms of onion is used in dishes

5 minutes – the average time that staff have to eat
 

Past winners of the Abu Dhabi Grand Prix

2016 Lewis Hamilton (Mercedes-GP)

2015 Nico Rosberg (Mercedes-GP)

2014 Lewis Hamilton (Mercedes-GP)

2013 Sebastian Vettel (Red Bull Racing)

2012 Kimi Raikkonen (Lotus)

2011 Lewis Hamilton (McLaren)

2010 Sebastian Vettel (Red Bull Racing)

2009 Sebastian Vettel (Red Bull Racing)

 

The specs

Engine: 1.5-litre turbo

Power: 181hp

Torque: 230Nm

Transmission: 6-speed automatic

Starting price: Dh79,000

On sale: Now

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
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.

The specs
Engine: 4.0-litre flat-six
Power: 510hp at 9,000rpm
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
Price: From Dh801,800
The Scale for Clinical Actionability of Molecular Targets
While you're here
The White Lotus: Season three

Creator: Mike White

Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell

Rating: 4.5/5

Tax authority targets shisha levy evasion

The Federal Tax Authority will track shisha imports with electronic markers to protect customers and ensure levies have been paid.

Khalid Ali Al Bustani, director of the tax authority, on Sunday said the move is to "prevent tax evasion and support the authority’s tax collection efforts".

The scheme’s first phase, which came into effect on 1st January, 2019, covers all types of imported and domestically produced and distributed cigarettes. As of May 1, importing any type of cigarettes without the digital marks will be prohibited.

He said the latest phase will see imported and locally produced shisha tobacco tracked by the final quarter of this year.

"The FTA also maintains ongoing communication with concerned companies, to help them adapt their systems to meet our requirements and coordinate between all parties involved," he said.

As with cigarettes, shisha was hit with a 100 per cent tax in October 2017, though manufacturers and cafes absorbed some of the costs to prevent prices doubling.

COMPANY PROFILE

Company: Bidzi

● Started: 2024

● Founders: Akshay Dosaj and Asif Rashid

● Based: Dubai, UAE

● Industry: M&A

● Funding size: Bootstrapped

● No of employees: Nine