• Red Bull's Max Verstappen collides with Lewis Hamilton of Mercedes during the F1 Italian Grand Prix at Monza on September 12. EPA
    Red Bull's Max Verstappen collides with Lewis Hamilton of Mercedes during the F1 Italian Grand Prix at Monza on September 12. EPA
  • Referee Russell Mora stops the fight after Tyson Fury knocks out Deontay Wilder in the 11th round during their WBC heavyweight title fight at T-Mobile Arena in Las Vegas on October 9. AFP
    Referee Russell Mora stops the fight after Tyson Fury knocks out Deontay Wilder in the 11th round during their WBC heavyweight title fight at T-Mobile Arena in Las Vegas on October 9. AFP
  • Paris Saint-Germain's Lionel Messi lies on the pitch to defend a free-kick during the Champions League match with Manchester City at Parc des Princes on September 28. Reuters
    Paris Saint-Germain's Lionel Messi lies on the pitch to defend a free-kick during the Champions League match with Manchester City at Parc des Princes on September 28. Reuters
  • Riders during the Paris-Roubaix one-day classic race, between Compiegne and Roubaix, northern France, on October 3. AFP
    Riders during the Paris-Roubaix one-day classic race, between Compiegne and Roubaix, northern France, on October 3. AFP
  • New York Giants quarterback Mike Glennon throws a pass in the third quarter against the Dallas Cowboys at AT&T Stadium in Arlington, Texas on October 10. USA TODAY Sports
    New York Giants quarterback Mike Glennon throws a pass in the third quarter against the Dallas Cowboys at AT&T Stadium in Arlington, Texas on October 10. USA TODAY Sports
  • Oleksandr Usyk lands a punch on Athony Joshua on his way to victory in their WBA, IBF and WBO heavyweight title fight at Tottenham Hotspur Stadium in London on September 25. PA
    Oleksandr Usyk lands a punch on Athony Joshua on his way to victory in their WBA, IBF and WBO heavyweight title fight at Tottenham Hotspur Stadium in London on September 25. PA
  • Los Angeles Angels' Shohei Ohtani breaks his bat in the seventh innings against the Oakland Athletics at Angel Stadium in California on September 18. USA TODAY Sports
    Los Angeles Angels' Shohei Ohtani breaks his bat in the seventh innings against the Oakland Athletics at Angel Stadium in California on September 18. USA TODAY Sports
  • Liverpool goalkeeper Alisson Becker is congratulated by teammates after scoring the winning goal in the Premier League match against West Bromwich Albion at The Hawthorns on May 16. Getty
    Liverpool goalkeeper Alisson Becker is congratulated by teammates after scoring the winning goal in the Premier League match against West Bromwich Albion at The Hawthorns on May 16. Getty
  • Competitors dive off the starting block in the men’s 50m freestyle prelims during the US Olympic trials at CHI Health Center Omaha on Nebraska. USA TODAY
    Competitors dive off the starting block in the men’s 50m freestyle prelims during the US Olympic trials at CHI Health Center Omaha on Nebraska. USA TODAY
  • Poland's Daria Pikulik, left, and Lina Rojas of Colombia collide during the women's madison final during the UCI Track Cycling Nations Cup in Cali, Colombia, on September 12. AFP
    Poland's Daria Pikulik, left, and Lina Rojas of Colombia collide during the women's madison final during the UCI Track Cycling Nations Cup in Cali, Colombia, on September 12. AFP
  • Monster Energy Yamaha Fabio Quartararo during practice for the MotoGP British Grand Prix at Silverstone on August 28. Reuters
    Monster Energy Yamaha Fabio Quartararo during practice for the MotoGP British Grand Prix at Silverstone on August 28. Reuters
  • England's Bukayo Saka is fouled by Giorgio Chiellini of Italy during the Euro 2020 final at Wembley Stadium on July 11. Getty
    England's Bukayo Saka is fouled by Giorgio Chiellini of Italy during the Euro 2020 final at Wembley Stadium on July 11. Getty
  • Adelaide Crows' Tom Doedee and Nicholas Murray and Max Gawn of the Melbourne Demons during the AFL match at Melbourne Cricket Ground on August 15. Getty
    Adelaide Crows' Tom Doedee and Nicholas Murray and Max Gawn of the Melbourne Demons during the AFL match at Melbourne Cricket Ground on August 15. Getty
  • UAE Team Emirates rider Tadej Pogacar during Stage 18 of the Tour de France on July 15. EPA
    UAE Team Emirates rider Tadej Pogacar during Stage 18 of the Tour de France on July 15. EPA
  • A surfer rides a wave at the Praia do Norte in Nazare in Portugal on December 11. AFP
    A surfer rides a wave at the Praia do Norte in Nazare in Portugal on December 11. AFP
  • Manchester United supporters protest against the club's owners inside Old Trafford that would force the postponement of the Premier League game against Liverpool on May 2. AFP
    Manchester United supporters protest against the club's owners inside Old Trafford that would force the postponement of the Premier League game against Liverpool on May 2. AFP
  • Runners and riders after finishing the Dubai Nursery at Newmarket Racecourse in England on October 9. Getty
    Runners and riders after finishing the Dubai Nursery at Newmarket Racecourse in England on October 9. Getty
  • India captain Virat Kohli plays a shot during Day 1 of the fourth Test match against England at The Oval in London on September 2. AFP
    India captain Virat Kohli plays a shot during Day 1 of the fourth Test match against England at The Oval in London on September 2. AFP
  • US athlete Sam Kendricks during the men's pole vault at the International Athletics Meeting Anhalt at Paul Greifzu Stadium, Dessau, Germany, on May 21. Reuters
    US athlete Sam Kendricks during the men's pole vault at the International Athletics Meeting Anhalt at Paul Greifzu Stadium, Dessau, Germany, on May 21. Reuters
  • Saul “Canelo” Alvarez lands a punch on Billy Joe Saunders during the Mexican's world title unification bout victory at Arlington's AT&T Stadium on May 9. PA
    Saul “Canelo” Alvarez lands a punch on Billy Joe Saunders during the Mexican's world title unification bout victory at Arlington's AT&T Stadium on May 9. PA
  • Australia's Xantheia Pennisi dives from the 21.5 metre platform during the final competition day of the sixth and final stop of the Red Bull Cliff Diving World Series at Polignano a Mare, Italy, on September 26. Getty
    Australia's Xantheia Pennisi dives from the 21.5 metre platform during the final competition day of the sixth and final stop of the Red Bull Cliff Diving World Series at Polignano a Mare, Italy, on September 26. Getty
  • Liverpool's Mohamed Salah celebrates after scoring in the Premier League match against Manchester United at Old Trafford on October 24. Getty
    Liverpool's Mohamed Salah celebrates after scoring in the Premier League match against Manchester United at Old Trafford on October 24. Getty
  • Italy's Luigi Samele and Aron Szilagyi of Hungary compete in th men's sabre team semi-final at Makuhari Messe Hall during the Tokyo Olympicss on July 28. Getty
    Italy's Luigi Samele and Aron Szilagyi of Hungary compete in th men's sabre team semi-final at Makuhari Messe Hall during the Tokyo Olympicss on July 28. Getty
  • A major crash during the Nascar Cup Series Daytona 500 at Daytona International Speedway in Florida on February 14. AFP
    A major crash during the Nascar Cup Series Daytona 500 at Daytona International Speedway in Florida on February 14. AFP
  • Arsenal goalkeeper Aaron Ramsdale makes a save during the Premier League match against Leicester City at the King Power Stadium on October 30. Getty
    Arsenal goalkeeper Aaron Ramsdale makes a save during the Premier League match against Leicester City at the King Power Stadium on October 30. Getty
  • Shattered athletes after the men's decathlon 1500m at Tokyo's Olympic Stadium during the Summer Games on August 5. Getty
    Shattered athletes after the men's decathlon 1500m at Tokyo's Olympic Stadium during the Summer Games on August 5. Getty
  • Germany's Tobias Mueller falls as Johannes Aujesky of Austria continues in the men's ski cross of Audi FIS Cross World Cup 2022 at Genting Snow Park in Zhangjiakou, China, on November 27. Getty
    Germany's Tobias Mueller falls as Johannes Aujesky of Austria continues in the men's ski cross of Audi FIS Cross World Cup 2022 at Genting Snow Park in Zhangjiakou, China, on November 27. Getty
  • Manchester United's Cristiano Ronaldo celebrates after scoring in the Premier League match against Arsenal at Old Trafford on December 2. AFP
    Manchester United's Cristiano Ronaldo celebrates after scoring in the Premier League match against Arsenal at Old Trafford on December 2. AFP
  • Competitors take part in the Marathon des Sables desert race between Sud Jebel Irhfelt N'Tissalt and Bou Dib in the southern Moroccan Sahara desert, on October 9. AFP
    Competitors take part in the Marathon des Sables desert race between Sud Jebel Irhfelt N'Tissalt and Bou Dib in the southern Moroccan Sahara desert, on October 9. AFP
  • Britain's Emma Raducanu after beating Leylah Fernandez of Canada in the US Open final at Flushing Meadows, New York, on September 12. PA
    Britain's Emma Raducanu after beating Leylah Fernandez of Canada in the US Open final at Flushing Meadows, New York, on September 12. PA
  • Russian swimmer Anastasiia Gontar, left, and Aurelie Rivard of Canada compete during the women's 100m freestyle - S10 heat at the Tokyo Aquatics Centre during the Paralympic Games on August 25. Getty
    Russian swimmer Anastasiia Gontar, left, and Aurelie Rivard of Canada compete during the women's 100m freestyle - S10 heat at the Tokyo Aquatics Centre during the Paralympic Games on August 25. Getty
  • Lionel Messi is removed from a poster at the Barcelona's Camp Nou on August 10 after it was announced that the Argentine was leaving the Spanish club. Getty
    Lionel Messi is removed from a poster at the Barcelona's Camp Nou on August 10 after it was announced that the Argentine was leaving the Spanish club. Getty
  • Brazilian surfer Gabriel Medina competes during the Rip Curl World Surf League final at Lower Trestles in San Clemente, California, on September 14. AFP
    Brazilian surfer Gabriel Medina competes during the Rip Curl World Surf League final at Lower Trestles in San Clemente, California, on September 14. AFP
  • Fireworks during the opening ceremony of the Tokyo 2020 Olympic Games at the Olympic Stadium in Japan on July 23. PA
    Fireworks during the opening ceremony of the Tokyo 2020 Olympic Games at the Olympic Stadium in Japan on July 23. PA
  • KTM-Tech3 rider Iker Lecuona falls during the second free practice session ahead of the San Marino MotoGP Grand Prix at the Misano World Circuit Marco-Simoncelli in Italy on September 17. AFP
    KTM-Tech3 rider Iker Lecuona falls during the second free practice session ahead of the San Marino MotoGP Grand Prix at the Misano World Circuit Marco-Simoncelli in Italy on September 17. AFP
  • England's Jesse Lingard celebrates scoring against Andorra in the World Cup qualifier at Wembley Stadium, London on September 5. Reuters
    England's Jesse Lingard celebrates scoring against Andorra in the World Cup qualifier at Wembley Stadium, London on September 5. Reuters
  • Belarus' Iryna Zhuk in action during the women's pole vault at the Diamond League Zurich meeting at Stadion Letzigrund on September 9. Reuters
    Belarus' Iryna Zhuk in action during the women's pole vault at the Diamond League Zurich meeting at Stadion Letzigrund on September 9. Reuters
  • Red Bull's Max Verstappen after winning the Abu Dhabi Grand Prix and the F1 world title on December 16. PA
    Red Bull's Max Verstappen after winning the Abu Dhabi Grand Prix and the F1 world title on December 16. PA
  • Germany's Andre Greipe during the Stage 2 individual time trial at the UAE Tour at Hudayriyat Island, Abu Dhabi, on February 22. AP
    Germany's Andre Greipe during the Stage 2 individual time trial at the UAE Tour at Hudayriyat Island, Abu Dhabi, on February 22. AP
  • Germany's Christian Diener competes in the men's 100m backstroke final during the Fina Swimming World Cup Berlin on October 3. Getty
    Germany's Christian Diener competes in the men's 100m backstroke final during the Fina Swimming World Cup Berlin on October 3. Getty
  • Athletes compete in the rain during a women's 400m hurdles semi-final race at Tokyo's Olympic Stadium at the Summer Games in Japan on August 2. Reuters
    Athletes compete in the rain during a women's 400m hurdles semi-final race at Tokyo's Olympic Stadium at the Summer Games in Japan on August 2. Reuters
  • Chelsea's Pernille Harder celebrates after scoring during the FA Women's League Cup semi-final against West Ham at Kingsmeadow on February 3. PA
    Chelsea's Pernille Harder celebrates after scoring during the FA Women's League Cup semi-final against West Ham at Kingsmeadow on February 3. PA
  • Distraught Denmark players look away while their teammate Christian Eriksen receives medical treatment after collapsing during the Euro 2020 match against Finland in Copenhagen on June 12.
    Distraught Denmark players look away while their teammate Christian Eriksen receives medical treatment after collapsing during the Euro 2020 match against Finland in Copenhagen on June 12.
  • Switzerland's Beat Feuz in action during the men's Super G at the FIS Ski World Cup meeting in Val Gardena, Italy, on December 17. Reuters
    Switzerland's Beat Feuz in action during the men's Super G at the FIS Ski World Cup meeting in Val Gardena, Italy, on December 17. Reuters
  • Chelsea goalkeeper Edouard Mendy is beaten by West Ham United's Arthur Masuaku mishit strike in the Premier League game at the London Stadium on December 4. Reuters
    Chelsea goalkeeper Edouard Mendy is beaten by West Ham United's Arthur Masuaku mishit strike in the Premier League game at the London Stadium on December 4. Reuters
  • Argentina's Franco Caimi during during Stage 2 of the Dakar Rally in Saudi Arabia on January 4. EPA
    Argentina's Franco Caimi during during Stage 2 of the Dakar Rally in Saudi Arabia on January 4. EPA
  • Serbia's Novak Djokovic celebrates after beating the Italian Matteo Berrettini in the Wimbledon final at the All England Club on July 11. PA
    Serbia's Novak Djokovic celebrates after beating the Italian Matteo Berrettini in the Wimbledon final at the All England Club on July 11. PA
  • Norway's Jarl Magnus Riiber during a test jump at the FIS Ski Nordic Combined World Cup in Ramsau am Dachstein, Austria, on December 18. AFP
    Norway's Jarl Magnus Riiber during a test jump at the FIS Ski Nordic Combined World Cup in Ramsau am Dachstein, Austria, on December 18. AFP
  • Britain's Charlotte Worthington during the women's cycling BMX freestyle at the Ariake Sports Park during the Tokyo Olympics on July 31. PA
    Britain's Charlotte Worthington during the women's cycling BMX freestyle at the Ariake Sports Park during the Tokyo Olympics on July 31. PA
  • A player pile-up during the Channel One Cup match between Russia and Canada at the CSKA Arena, Moscow, on December 15. Reuters
    A player pile-up during the Channel One Cup match between Russia and Canada at the CSKA Arena, Moscow, on December 15. Reuters
  • Runners and riders make their way down the straight during the MansionBet Handicap Hurdle at Huntingdon Racecourse in England on February 25. PA
    Runners and riders make their way down the straight during the MansionBet Handicap Hurdle at Huntingdon Racecourse in England on February 25. PA
  • Fans show their support for Marcus Rashford on July 13 after a mural of the England striker was vandalised in Withington, Manchester, after he missed a penalty in the Euro 2020 final defeat to Italy. PA
    Fans show their support for Marcus Rashford on July 13 after a mural of the England striker was vandalised in Withington, Manchester, after he missed a penalty in the Euro 2020 final defeat to Italy. PA

Verstappen, Raducanu, Fury, Kohli and Ronaldo - 52 of the best sports images of 2021


  • English
  • Arabic

After the decimated sporting calendar of the previous year due to Covid-19, it was a welcome relief to have a jam-packed fixture list in 2021.

We had two major competitions — in football's Euro 2020 and the Tokyo Olympic/Paralympic Games — finally take place a year later than planned due to the pandemic.

Italy were crowned champions of Europe after defeating England in a penalty shoot-out at Wembley Stadium in London to round-off an extended tournament to celebrate its 60th anniversary.

The Summer Games took place in Japan under the shadow of a major Covid-19 outbreak in Japan that lead to protests before and during the action at both the Olympic and Paralympic events. Despite the shadow of Covid, the were still plenty of highs, lows and inspirational tales from the action in Tokyo.

The year saw some unforgettable fights in the boxing ring too. Tyson Fury came out on top in the third of his remarkable heavyweight trilogy bouts against Deontay Wilder, while Anthony Joshua lost his WBA, WBO and IBF titles after being outboxed and outclassed by Oleksandr Usyk.

In cycling, the dominance of UAE Team Emirates rider Tadej Pogacar continued after the Slovenian superstar started the year by winning the UAE Tour, was victorious again in the Tour de France, sealed an Olympic bronze medal and rounded off the campaign by triumphing in the Giro di Lombardia.

On the Formula One racetrack, Max Verstappen and Lewis Hamilton completed one of the most thrilling battles in the sport's history. The title race came down to the Abu Dhabi Grand Prix season finale with both drivers level on points after a bitter campaign filled with controversy and crashes.

The decider at Yas Marina Circuit proved no different as Red Bull's Verstappen came out on top againstthe seven-time world champion following chaotic scenes and a last-gasp final lap run-off between the pair.

In the gallery above, we have picked out 52 of the most memorable images from the last 12 months of sporting action.

Chelsea 2 Burnley 3
Chelsea
 Morata (69'), Luiz (88')
Burnley Vokes (24', 43'), Ward (39')
Red cards Cahill, Fabregas (Chelsea)

Our legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

No more lice

Defining head lice

Pediculus humanus capitis are tiny wingless insects that feed on blood from the human scalp. The adult head louse is up to 3mm long, has six legs, and is tan to greyish-white in colour. The female lives up to four weeks and, once mature, can lay up to 10 eggs per day. These tiny nits firmly attach to the base of the hair shaft, get incubated by body heat and hatch in eight days or so.

Identifying lice

Lice can be identified by itching or a tickling sensation of something moving within the hair. One can confirm that a person has lice by looking closely through the hair and scalp for nits, nymphs or lice. Head lice are most frequently located behind the ears and near the neckline.

Treating lice at home

Head lice must be treated as soon as they are spotted. Start by checking everyone in the family for them, then follow these steps. Remove and wash all clothing and bedding with hot water. Apply medicine according to the label instructions. If some live lice are still found eight to 12 hours after treatment, but are moving more slowly than before, do not re-treat. Comb dead and remaining live lice out of the hair using a fine-toothed comb.
After the initial treatment, check for, comb and remove nits and lice from hair every two to three days. Soak combs and brushes in hot water for 10 minutes.Vacuum the floor and furniture, particularly where the infested person sat or lay.

Courtesy Dr Vishal Rajmal Mehta, specialist paediatrics, RAK Hospital

Top investing tips for UAE residents in 2021

Build an emergency fund: Make sure you have enough cash to cover six months of expenses as a buffer against unexpected problems before you begin investing, advises Steve Cronin, the founder of DeadSimpleSaving.com.

Think long-term: When you invest, you need to have a long-term mindset, so don’t worry about momentary ups and downs in the stock market.

Invest worldwide: Diversify your investments globally, ideally by way of a global stock index fund.

Is your money tied up: Avoid anything where you cannot get your money back in full within a month at any time without any penalty.

Skip past the promises: “If an investment product is offering more than 10 per cent return per year, it is either extremely risky or a scam,” Mr Cronin says.

Choose plans with low fees: Make sure that any funds you buy do not charge more than 1 per cent in fees, Mr Cronin says. “If you invest by yourself, you can easily stay below this figure.” Managed funds and commissionable investments often come with higher fees.

Be sceptical about recommendations: If someone suggests an investment to you, ask if they stand to gain, advises Mr Cronin. “If they are receiving commission, they are unlikely to recommend an investment that’s best for you.”

Get financially independent: Mr Cronin advises UAE residents to pursue financial independence. Start with a Google search and improve your knowledge via expat investing websites or Facebook groups such as SimplyFI. 

EA Sports FC 25
Representing%20UAE%20overseas
%3Cp%3E%0DIf%20Catherine%20Richards%20debuts%20for%20Wales%20in%20the%20Six%20Nations%2C%20she%20will%20be%20the%20latest%20to%20have%20made%20it%20from%20the%20UAE%20to%20the%20top%20tier%20of%20the%20international%20game%20in%20the%20oval%20ball%20codes.%0D%3Cbr%3E%20%0D%3Cbr%3E%3Cstrong%3ESeren%20Gough-Walters%20(Wales%20rugby%20league)%3C%2Fstrong%3E%0D%3Cbr%3EBorn%20in%20Dubai%2C%20raised%20in%20Sharjah%2C%20and%20once%20an%20immigration%20officer%20at%20the%20British%20Embassy%20in%20Abu%20Dhabi%2C%20she%20debuted%20for%20Wales%20in%20rugby%20league%20in%202021.%0D%3Cbr%3E%20%0D%3Cbr%3E%3Cstrong%3ESophie%20Shams%20(England%20sevens)%3C%2Fstrong%3E%0D%3Cbr%3EWith%20an%20Emirati%20father%20and%20English%20mother%2C%20Shams%20excelled%20at%20rugby%20at%20school%20in%20Dubai%2C%20and%20went%20on%20to%20represent%20England%20on%20the%20sevens%20circuit.%20%0D%3Cbr%3E%20%0D%3Cbr%3E%3Cstrong%3EFiona%20Reidy%20(Ireland)%3C%2Fstrong%3E%0D%3Cbr%3EMade%20her%20Test%20rugby%20bow%20for%20Ireland%20against%20England%20in%202015%2C%20having%20played%20for%20four%20years%20in%20the%20capital%20with%20Abu%20Dhabi%20Harlequins%20previously.%0D%3C%2Fp%3E%0A
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Floward%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3ERiyadh%2C%20Saudi%20Arabia%0D%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EAbdulaziz%20Al%20Loughani%20and%20Mohamed%20Al%20Arifi%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EE-commerce%0D%3Cbr%3E%3Cstrong%3ETotal%20funding%3A%20%3C%2Fstrong%3EAbout%20%24200%20million%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EAljazira%20Capital%2C%20Rainwater%20Partners%2C%20STV%20and%20Impact46%0D%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%20%3C%2Fstrong%3E1%2C200%3C%2Fp%3E%0A
Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

The rules of the road keeping cyclists safe

Cyclists must wear a helmet, arm and knee pads

Have a white front-light and a back red-light on their bike

They must place a number plate with reflective light to the back of the bike to alert road-users

Avoid carrying weights that could cause the bike to lose balance

They must cycle on designated lanes and areas and ride safe on pavements to avoid bumping into pedestrians

Tightening the screw on rogue recruiters

The UAE overhauled the procedure to recruit housemaids and domestic workers with a law in 2017 to protect low-income labour from being exploited.

 Only recruitment companies authorised by the government are permitted as part of Tadbeer, a network of labour ministry-regulated centres.

A contract must be drawn up for domestic workers, the wages and job offer clearly stating the nature of work.

The contract stating the wages, work entailed and accommodation must be sent to the employee in their home country before they depart for the UAE.

The contract will be signed by the employer and employee when the domestic worker arrives in the UAE.

Only recruitment agencies registered with the ministry can undertake recruitment and employment applications for domestic workers.

Penalties for illegal recruitment in the UAE include fines of up to Dh100,000 and imprisonment

But agents not authorised by the government sidestep the law by illegally getting women into the country on visit visas.

How Filipinos in the UAE invest

A recent survey of 10,000 Filipino expatriates in the UAE found that 82 per cent have plans to invest, primarily in property. This is significantly higher than the 2014 poll showing only two out of 10 Filipinos planned to invest.

Fifty-five percent said they plan to invest in property, according to the poll conducted by the New Perspective Media Group, organiser of the Philippine Property and Investment Exhibition. Acquiring a franchised business or starting up a small business was preferred by 25 per cent and 15 per cent said they will invest in mutual funds. The rest said they are keen to invest in insurance (3 per cent) and gold (2 per cent).

Of the 5,500 respondents who preferred property as their primary investment, 54 per cent said they plan to make the purchase within the next year. Manila was the top location, preferred by 53 per cent.

THE BIO: Mohammed Ashiq Ali

Proudest achievement: “I came to a new country and started this shop”

Favourite TV programme: the news

Favourite place in Dubai: Al Fahidi. “They started the metro in 2009 and I didn’t take it yet.”

Family: six sons in Dubai and a daughter in Faisalabad

 

SPECS
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%206-cylinder%203-litre%2C%20with%20petrol%20and%20diesel%20variants%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E8-speed%20automatic%3Cbr%3E%3Cstrong%3EPower%3A%3C%2Fstrong%3E%20286hp%20(petrol)%2C%20249hp%20(diesel)%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E450Nm%20(petrol)%2C%20550Nm%20(diesel)%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EStarting%20at%20%2469%2C800%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENow%3C%2Fp%3E%0A
Skoda Superb Specs

Engine: 2-litre TSI petrol

Power: 190hp

Torque: 320Nm

Price: From Dh147,000

Available: Now

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.”

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
UAE currency: the story behind the money in your pockets
The specs
Engine: 2.0-litre 4-cyl turbo

Power: 201hp at 5,200rpm

Torque: 320Nm at 1,750-4,000rpm

Transmission: 6-speed auto

Fuel consumption: 8.7L/100km

Price: Dh133,900

On sale: now 

Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
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The specs: 2019 Haval H6

Price, base: Dh69,900

Engine: 2.0-litre turbocharged four-cylinder

Transmission: Seven-speed automatic

Power: 197hp @ 5,500rpm

Torque: 315Nm @ 2,000rpm

Fuel economy, combined: 7.0L / 100km

BULKWHIZ PROFILE

Date started: February 2017

Founders: Amira Rashad (CEO), Yusuf Saber (CTO), Mahmoud Sayedahmed (adviser), Reda Bouraoui (adviser)

Based: Dubai, UAE

Sector: E-commerce 

Size: 50 employees

Funding: approximately $6m

Investors: Beco Capital, Enabling Future and Wain in the UAE; China's MSA Capital; 500 Startups; Faith Capital and Savour Ventures in Kuwait

The specs: 2019 Aston Martin DBS Superleggera

Price, base: Dh1.2 million

Engine: 5.2-litre twin-turbo V12

Transmission: Eight-speed automatic

Power: 725hp @ 6,500pm

Torque: 900Nm @ 1,800rpm

Fuel economy, combined:  12.3L / 100km (estimate)

Chef Nobu's advice for eating sushi

“One mistake people always make is adding extra wasabi. There is no need for this, because it should already be there between the rice and the fish.
“When eating nigiri, you must dip the fish – not the rice – in soy sauce, otherwise the rice will collapse. Also, don’t use too much soy sauce or it will make you thirsty. For sushi rolls, dip a little of the rice-covered roll lightly in soy sauce and eat in one bite.
“Chopsticks are acceptable, but really, I recommend using your fingers for sushi. Do use chopsticks for sashimi, though.
“The ginger should be eaten separately as a palette cleanser and used to clear the mouth when switching between different pieces of fish.”

Updated: December 30, 2021, 3:57 AM