• Gold medallist Imane Khelif poses on the podium. AFP
    Gold medallist Imane Khelif poses on the podium. AFP
  • From the left: Silver medallist China's Yang Liu, gold medallist Algeria's Imane Khelif and bronze medallists Thailand's Janjaem Suwannapheng and Taiwan's Chen Nien. AFP
    From the left: Silver medallist China's Yang Liu, gold medallist Algeria's Imane Khelif and bronze medallists Thailand's Janjaem Suwannapheng and Taiwan's Chen Nien. AFP
  • Gold medallist Imane Khelif poses on the podium during the medal ceremony. AFP
    Gold medallist Imane Khelif poses on the podium during the medal ceremony. AFP
  • Algeria's Imane Khelif, left, fights China's Yang Liu. AP
    Algeria's Imane Khelif, left, fights China's Yang Liu. AP
  • Algeria's Imane Khelif, right, fights China's Yang Liu. AP
    Algeria's Imane Khelif, right, fights China's Yang Liu. AP
  • Algeria's Imane Khelif after beating China's Yang Liu. AFP
    Algeria's Imane Khelif after beating China's Yang Liu. AFP
  • Algerian fans celebrate as they watch their compatriot Imane Khelif win the gold medal. EPA
    Algerian fans celebrate as they watch their compatriot Imane Khelif win the gold medal. EPA
  • Algerian fans celebrate as they watch their compatriot Imane Khelif win the gold medal. EPA
    Algerian fans celebrate as they watch their compatriot Imane Khelif win the gold medal. EPA
  • Algerian fans celebrate as they watch their compatriot Imane Khelif win the gold medal. EPA
    Algerian fans celebrate as they watch their compatriot Imane Khelif win the gold medal. EPA
  • Algerian fans celebrate as they watch their compatriot Imane Khelif win the gold medal. EPA
    Algerian fans celebrate as they watch their compatriot Imane Khelif win the gold medal. EPA

'A dream come true' - Algeria's Imane Khelif defies critics to win Olympic boxing gold


  • English
  • Arabic

Algerian boxer Imane Khelif said her dreams had come true after she defeated China's Yang Liu to capture Olympic gold in the women's 66kg division on Friday night.

Khelif, who has seen her campaign in Paris overshadowed by a gender controversy fuelled by rampant misinformation, defied her critics as she comprehensively out-boxed Yang to earn a richly-deserved unanimous decision in front of thousands of noisy Algerian fans at Roland Garros.

Khelif, who only started boxing eight years ago, scored again and again with her jab and backed it up with her signature straight right hand as she swept all three rounds 5-0 for the biggest win of her career.

"I'm very happy. For eight years this has been my dream and I'm now the Olympic champion and gold medallist," said Khelif, 25. "I've worked for eight years, no sleep, eight years tired. Now I'm Olympic champion.

"I want to thank all the people who have come to support me. All the people from Algeria and all the people at my base. I want to thank all the team, my coach. Thank you so much."

After her win, Khelif jumped into the arms of her coaches, one of them hoisting her up on his shoulders and carrying her around the arena in a victory lap as she pumped her fists and waved an Algerian flag while fans chanted: "Imane, Imane..."

The outpouring of emotion was entirely understandable given the extreme level of scrutiny she had been under amid a scarcely-believable media frenzy stoked up by the spurious statements of major public figures such as Donald Trump, Elon Musk and J.K. Rowling.

The controversy erupted after her first-round victory over Angela Carini. The Italian, who would later apologise for her part in sparking the subsequent uproar, abandoned the bout after 46 seconds and wept in the ring. Soon social media was ablaze with false claims Khelif was transgender.

Khelif, who was born a woman, has lived as a woman, is a woman on her passport, and has boxed in female competitions – including the Tokyo Olympics – for many years, was banned in 2023 by the International Boxing Association (IBA). They claimed she had failed gender eligibility tests. Despite numerous requests, the IBA has never provided any proof of this.

The International Olympic Committee (IOC), who banished the scandal-hit IBA from the Games, reinstated Khelif – along with Taiwan's Lin Yu-ting – and has steadfastly backed the Algerian pugilist.

IOC president Thomas Bach said prior to Friday's gold-medal bout: “This is not a question of inclusion, this has never played a role in all this, this is a question of justice: women must be allowed to take part in women’s competitions. And the two are women."

Despite the unsavoury prelude, Khelif was able to enjoy her moment of glory. She was applauded by all three of her fellow medallists on the podium and there were tears in her eyes as the Algerian national anthem was played.

Taiwan's Lin, the second boxer to have had her eligibility questioned, fights Poland's Julia Szeremeta in the women's featherweight final on Saturday.

The specs
Engine: 3.6 V6

Transmission: 8-speed auto

Power: 295bhp

Torque: 353Nm

Price: Dh155,000

On sale: now 

MATCH INFO

Serie A

Juventus v Fiorentina, Saturday, 8pm (UAE)

Match is on BeIN Sports

War 2

Director: Ayan Mukerji

Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana

Rating: 2/5

Founders: Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Albabtain.

Based: Riyadh

Offices: UAE, Vietnam and Germany

Founded: September, 2020

Number of employees: 70

Sector: FinTech, online payment solutions

Funding to date: $116m in two funding rounds  

Investors: Checkout.com, Impact46, Vision Ventures, Wealth Well, Seedra, Khwarizmi, Hala Ventures, Nama Ventures and family offices

GOLF’S RAHMBO

- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)

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.”

MATCH INFO

Iceland 0 England 1 (Sterling pen 90 1)

Man of the match Kari Arnason (Iceland)

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Meghan%20podcast
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Updated: August 09, 2024, 11:59 PM