Eunice Chumba at the press conference for the 2019 Adnoc Abu Dhabi Marathon. She went on the place fourth. Chris Whiteoak / The National
Eunice Chumba at the press conference for the 2019 Adnoc Abu Dhabi Marathon. She went on the place fourth. Chris Whiteoak / The National
Eunice Chumba at the press conference for the 2019 Adnoc Abu Dhabi Marathon. She went on the place fourth. Chris Whiteoak / The National
Eunice Chumba at the press conference for the 2019 Adnoc Abu Dhabi Marathon. She went on the place fourth. Chris Whiteoak / The National

Chumba and Rono among elite athletes confirmed for 2021 Adnoc Abu Dhabi Marathon


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Bahrain's Eunice Chumba and Kenyan runner Philemon Rono are among the elite athletes confirmed to race in the 2021 Adnoc Abu Dhabi Marathon next month, organisers announced on Monday.

On November 26, the Adnoc Abu Dhabi Marathon will return for its third edition on the streets of the capital and will welcome world-class athletes, competitive amateurs, and runners of all ages and abilities.

Among the professionals competing for the $50,000 first prize in the women's category will be Kenyan-born Bahraini Chumba and Ethiopia's Betelhem Moges.

Chumba, ranked No 65, holds a personal best time of 2:23:10 and achieved second place at the 2017 Rotterdam Marathon and third place at the 2021 Milano Marathon. She placed fourth at the most recent edition of the Adnoc Abu Dhabi Marathon in 2019.

Moges, whose personal best is 2:23:38, came fourth behind Chumba at the Milano Marathon. Other career highlights include victory at the 2015 Beijing Marathon, and third place at the 2016 Valencia Marathon.

In the male elite race, world No 10 Rono is the highest-ranked athlete to confirm his place so far. The 30-year-old Kenyan boasts a personal best time of 2.05.00 and has won the Toronto Marathon three times, in 2016, 2017, and 2019.

Rono will face stiff competition from compatriot Barnabas Kiptum, the world No 16. Kiptum, 34, holds a personal best time of 2.04.17 and in recent years has won the 2019 Hong Kong Marathon and the 2017 Buenos Aires Marathon. Earlier this year, he placed third at the Milano Marathon.

In addition to announcing the athletes, organisers revealed the medal designs and the top elite athletes taking part in the race.

This year’s unique medal showcases the capital’s landmarks and architecture, which will provide the perfect backdrop for the race. Each medal is embossed with the logos of the event, Abu Dhabi Sports Council, Adnoc and the Year of the 50th, in celebration of the 50th anniversary of the UAE.

Participation medals will be handed out to everyone who takes part in the event. For runners in the full marathon, they will receive a medal engraved with the words "Marathon Finisher!" with similar medals for the marathon relay and 10km participants.

People taking part in the 5km and 2.5km races will receive medals with the engraving "I Ran Abu Dhabi!"

“Once again, we are delighted with the large number of participants registered to participate in the race next month, reflecting the increased interest in adopting a healthier lifestyle and the continued growth of Abu Dhabi’s running community," Aref Al Awani, General Secretary of the Abu Dhabi Sports Council, said.

"This year’s medal has been elegantly designed to recognise and commend the efforts of all finishers for taking up the challenge and completing a race distance that suits their fitness levels.

"We continue to urge more members of the community to register and join us on November 26 for yet another fantastic race. As one of the most anticipated events in Abu Dhabi, we are also proud to welcome a host of amazing world-class elites to our great city.”

From November 22-25, a race village will be hosted at the Adnoc HQ Campus, welcoming participants, and supporters with photo opportunities, family entertainment and a dedicated race pack collection area.

Open to six to 70-year-olds and runners of all abilities, the family-friendly event aims to promote healthy lifestyles and elevate the physical wellbeing of the Abu Dhabi Community.

For more information and to register for the Adnoc Abu Dhabi Marathon 2021, please visit: https://www.adnocabudhabimarathon.com/register-now/.

War and the virus
The Details

Kabir Singh

Produced by: Cinestaan Studios, T-Series

Directed by: Sandeep Reddy Vanga

Starring: Shahid Kapoor, Kiara Advani, Suresh Oberoi, Soham Majumdar, Arjun Pahwa

Rating: 2.5/5 

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.”

The specs

AT4 Ultimate, as tested

Engine: 6.2-litre V8

Power: 420hp

Torque: 623Nm

Transmission: 10-speed automatic

Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)

On sale: Now

Guide to intelligent investing
Investing success often hinges on discipline and perspective. As markets fluctuate, remember these guiding principles:
  • Stay invested: Time in the market, not timing the market, is critical to long-term gains.
  • Rational thinking: Breathe and avoid emotional decision-making; let logic and planning guide your actions.
  • Strategic patience: Understand why you’re investing and allow time for your strategies to unfold.
 
 
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.

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MATCH INFO

Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid

When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid

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Electric scooters: some rules to remember
  • Riders must be 14-years-old or over
  • Wear a protective helmet
  • Park the electric scooter in designated parking lots (if any)
  • Do not leave electric scooter in locations that obstruct traffic or pedestrians
  • Solo riders only, no passengers allowed
  • Do not drive outside designated lanes
Japan 30-10 Russia

Tries: Matsushima (3), Labuschange | Golosnitsky

Conversions: Tamura, Matsuda | Kushnarev

Penalties: Tamura (2) | Kushnarev

Updated: October 25, 2021, 11:43 AM