• Laureus World Sportsman of the Year: Max Verstappen (Formula One). Dutch driver earned the award after winning his first F1 Drivers' World Championship in 2021. Verstappen had 10 Grands Prix victories and a record 18 podium finishes. Nominees: Caleb Dressel, Eliud Kipchoge, Novak Djokovic, Robert Lewandowski, Tom Brady. AFP
    Laureus World Sportsman of the Year: Max Verstappen (Formula One). Dutch driver earned the award after winning his first F1 Drivers' World Championship in 2021. Verstappen had 10 Grands Prix victories and a record 18 podium finishes. Nominees: Caleb Dressel, Eliud Kipchoge, Novak Djokovic, Robert Lewandowski, Tom Brady. AFP
  • Laureus World Sportswoman of the Year: Elaine Thompson-Herah (Athletics). The Jamaican sprinter won three gold medals at the Tokyo 2020 Olympic Games, successfully defending her 100m and 200m titles, and winning the 4x100m relay. In August last year, she became the second-fastest woman in history with a personal best 100m time of 10.54 seconds. Nominees: Alexia Putellas, Allyson Felix, Ashleigh Barty, Emma McKeon, Katie Ledecky. EPA
    Laureus World Sportswoman of the Year: Elaine Thompson-Herah (Athletics). The Jamaican sprinter won three gold medals at the Tokyo 2020 Olympic Games, successfully defending her 100m and 200m titles, and winning the 4x100m relay. In August last year, she became the second-fastest woman in history with a personal best 100m time of 10.54 seconds. Nominees: Alexia Putellas, Allyson Felix, Ashleigh Barty, Emma McKeon, Katie Ledecky. EPA
  • Laureus World Team of the Year: Italy national team (football). Italy became European champions for the first time since 1968 after beating England in a dramatic final penalty shootout. It marked an impressive turnaround for the team after failing to qualify for the 2018 World Cup, although they have since failed to qualify for Qatar 2022. Nominees: Argentina, Barcelona Women, China Olympic Diving Team, Mercedes F1 Team, Milwaukee Bucks. AFP
    Laureus World Team of the Year: Italy national team (football). Italy became European champions for the first time since 1968 after beating England in a dramatic final penalty shootout. It marked an impressive turnaround for the team after failing to qualify for the 2018 World Cup, although they have since failed to qualify for Qatar 2022. Nominees: Argentina, Barcelona Women, China Olympic Diving Team, Mercedes F1 Team, Milwaukee Bucks. AFP
  • Laureus World Breakthrough of the Year: Emma Raducanu (tennis). The British teenager, then 18, made history at the US Open last year by becoming the first qualifier to win a Grand Slam title. Nominees: Ariarne Titmus, Daniil Medvedev, Neeraj Chopra, Pedri, Yulimar Rojas. Reuters
    Laureus World Breakthrough of the Year: Emma Raducanu (tennis). The British teenager, then 18, made history at the US Open last year by becoming the first qualifier to win a Grand Slam title. Nominees: Ariarne Titmus, Daniil Medvedev, Neeraj Chopra, Pedri, Yulimar Rojas. Reuters
  • Laureus World Comeback of the Year: Sky Brown (skateboarding). The British teenager claimed a bronze medal at the Tokyo Olympics having only just turned 13. What made it even more incredible was that Brown suffered a skull fracture and broken left wrist and hand when she landed head first in training in June 2020. She was unresponsive when she arrived at hospital but made a full recovery to be one of the stars of the Olympic Games. Nominees: Annemiek van Vleuten, Marc Marquez, Mark Cavendish, Simone Biles, Tom Daley. Getty
    Laureus World Comeback of the Year: Sky Brown (skateboarding). The British teenager claimed a bronze medal at the Tokyo Olympics having only just turned 13. What made it even more incredible was that Brown suffered a skull fracture and broken left wrist and hand when she landed head first in training in June 2020. She was unresponsive when she arrived at hospital but made a full recovery to be one of the stars of the Olympic Games. Nominees: Annemiek van Vleuten, Marc Marquez, Mark Cavendish, Simone Biles, Tom Daley. Getty
  • Laureus World Action Sportsperson of the Year: Bethany Shriever (BMX). The Briton cemented her status as one of the stars of BMX by winning both Olympic and World Championship gold medals in the same year. Nominees: Alberto Gines, Carissa Moore, Italo Ferreira, Momiji Nishiya, Yuto Horigome. Getty
    Laureus World Action Sportsperson of the Year: Bethany Shriever (BMX). The Briton cemented her status as one of the stars of BMX by winning both Olympic and World Championship gold medals in the same year. Nominees: Alberto Gines, Carissa Moore, Italo Ferreira, Momiji Nishiya, Yuto Horigome. Getty
  • Laureus World Sportsperson of the Year with a Disability: Marcel Hug (Wheelchair Athletics). The Swiss athlete was one of the standout stars at the Tokyo 2020 Paralympics, winning four gold medals in the 800m, 1500m, 5,000m, and marathon while setting world records in the 1500m and a Paralympic record in the 5,000m. Nominees: Diede De Groot, Jetze Plat, Sarah Storey, Shingo Kunieda, Susana Rodriguez. AFP
    Laureus World Sportsperson of the Year with a Disability: Marcel Hug (Wheelchair Athletics). The Swiss athlete was one of the standout stars at the Tokyo 2020 Paralympics, winning four gold medals in the 800m, 1500m, 5,000m, and marathon while setting world records in the 1500m and a Paralympic record in the 5,000m. Nominees: Diede De Groot, Jetze Plat, Sarah Storey, Shingo Kunieda, Susana Rodriguez. AFP
  • Laureus World Award for Sport for Good: Lost Boys Inc. (Baseball). Founded by LaVonte Stewart in 2009, the organisation provides at-risk youths with training and the competition of organised sport, but also economic and academic opportunities in Chicago, USA. Nominees: Ich Will Da Rauf!, Centro Sportivo Di Comunita - Juca Pe Cagna, Kick4Life, Monkey Magic. Photo: Laureus Sport Awards
    Laureus World Award for Sport for Good: Lost Boys Inc. (Baseball). Founded by LaVonte Stewart in 2009, the organisation provides at-risk youths with training and the competition of organised sport, but also economic and academic opportunities in Chicago, USA. Nominees: Ich Will Da Rauf!, Centro Sportivo Di Comunita - Juca Pe Cagna, Kick4Life, Monkey Magic. Photo: Laureus Sport Awards
  • Laureus World Sport for Good Award: Real Madrid Foundation (football). For more than 25 years, the foundation has helped to improve the lives of more than one-and-a-half million people, mainly children. AP
    Laureus World Sport for Good Award: Real Madrid Foundation (football). For more than 25 years, the foundation has helped to improve the lives of more than one-and-a-half million people, mainly children. AP
  • Laureus Lifetime Achievement Award: Tom Brady (American Football). The greatest quarterback in NFL history and arguably the greatest NFL player of all time, Brady announced his retirement after a career comprising a record seven Super Bowl titles and many more records. However, he has since reversed his decision and is preparing for his 23rd season. AFP
    Laureus Lifetime Achievement Award: Tom Brady (American Football). The greatest quarterback in NFL history and arguably the greatest NFL player of all time, Brady announced his retirement after a career comprising a record seven Super Bowl titles and many more records. However, he has since reversed his decision and is preparing for his 23rd season. AFP
  • Laureus Academy Exceptional Achievement Award: Robert Lewandowski (football). One of the greatest footballers of his generation, Lewandowski broke Gerd Muller's 49-year Bundesliga record for most goals in a single season, scoring his 41st in the last minute of the final game. The Polish striker played a key role in Bayern Munich’s ninth successive Bundesliga title and won the European Golden Shoe. EPA
    Laureus Academy Exceptional Achievement Award: Robert Lewandowski (football). One of the greatest footballers of his generation, Lewandowski broke Gerd Muller's 49-year Bundesliga record for most goals in a single season, scoring his 41st in the last minute of the final game. The Polish striker played a key role in Bayern Munich’s ninth successive Bundesliga title and won the European Golden Shoe. EPA
  • Laureus Athlete Advocate of the Year Award: Gerald Asamoah and the Black Eagles (football). The award-winning film about black players in German football has shone a bright light on the issues of racism, offering black German players a platform to share their stories and personal experiences. Asamoah, who played 43 times for Germany, is a leading campaigner in the fight against racism. Getty
    Laureus Athlete Advocate of the Year Award: Gerald Asamoah and the Black Eagles (football). The award-winning film about black players in German football has shone a bright light on the issues of racism, offering black German players a platform to share their stories and personal experiences. Asamoah, who played 43 times for Germany, is a leading campaigner in the fight against racism. Getty
  • Laureus Sporting Icon: Valentino Rossi (Moto). The Italian great retired at the end of the 2021 World MotoGP season following a career that has comprised nine World Championships, 115 wins, and 235 podiums. Rossi is the only rider to win world titles in the 125cc, 250cc, 500cc and MotoGP categories. EPA
    Laureus Sporting Icon: Valentino Rossi (Moto). The Italian great retired at the end of the 2021 World MotoGP season following a career that has comprised nine World Championships, 115 wins, and 235 podiums. Rossi is the only rider to win world titles in the 125cc, 250cc, 500cc and MotoGP categories. EPA

Verstappen, Raducanu, Brady and the full list of 2022 Laureus Sports Awards winners


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Formula One world champion Max Verstappen and triple Tokyo Olympic gold medallist Elaine Thompson-Herah were named Sportsman and Sportswoman of the Year at the Laureus Sports Awards in a virtual ceremony from Seville on Sunday.

Red Bull's Dutch driver Verstappen, who won the Emilia Romagna Grand Prix earlier on Sunday, follows Spanish tennis great Rafael Nadal, who won the men's award last year, and his great rival Lewis Hamilton, who shared the men's prize with Lionel Messi in 2020.

Thompson-Herah, who defended her 100m and 200m Olympic titles in Tokyo last summer and also won the 4x100m relay gold, is not the first Jamaican sprinter to win an award.

"I know Usain [Bolt] has won Laureus Awards before, so to bring this trophy back home to the Caribbean, also in Jamaica, is very special," she said.

In a sign of how ephemeral sporting achievements can be, the Italian men's football team, who followed winning Euro 2020 last year with failing to qualify for the 2022 World Cup , were voted the Team of the Year, for a second time.

British tennis star Emma Raducanu, who has struggled for consistency since winning the US Open last year, received the Breakthrough of the Year award.

Other winners included Swiss wheelchair racer Marcel Hug, who was named World Sportsperson of the Year with a Disability for the second time after dominating the Tokyo Paralympics with gold medals in the 800m, 1500m, 5,000, and marathon. Skateboarder Sky Brown, 13, won the Comeback of the Year award having fractured her skull in training in June 2020 before winning bronze in Tokyo and becoming Britain's youngest Olympic medallist.

Lifetime achievement awards went to NFL superstar Tom Brady, the seven-time winner Super Bowl winner who retired then unretired after last season, and motorbike legend Valentino Rossi, who won the Sporting Icon award, after retiring in November at the end of a 25-year career.

The awards are organised by the Laureus Sports Foundation and the 2021 winners were selected by a 71-member panel led by All Black rugby great Sean Fitzpatrick.

The full list of 2022 Laureus Sports Awards winners can be viewed in the photo gallery above. To move on to the next photo, click on the arrows or if using a mobile device, simply swipe.

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.”

'Dark Waters'

Directed by: Todd Haynes

Starring: Mark Ruffalo, Anne Hathaway, William Jackson Harper 

Rating: ****

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Our legal consultants

Name: Hassan Mohsen Elhais

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

Match info:

Manchester City 2
Sterling (8'), Walker (52')

Newcastle United 1
Yedlin (30')

From Europe to the Middle East, economic success brings wealth - and lifestyle diseases

A rise in obesity figures and the need for more public spending is a familiar trend in the developing world as western lifestyles are adopted.

One in five deaths around the world is now caused by bad diet, with obesity the fastest growing global risk. A high body mass index is also the top cause of metabolic diseases relating to death and disability in Kuwait,  Qatar and Oman – and second on the list in Bahrain.

In Britain, heart disease, lung cancer and Alzheimer’s remain among the leading causes of death, and people there are spending more time suffering from health problems.

The UK is expected to spend $421.4 billion on healthcare by 2040, up from $239.3 billion in 2014.

And development assistance for health is talking about the financial aid given to governments to support social, environmental development of developing countries.

 

Profile Box

Company/date started: 2015

Founder/CEO: Mohammed Toraif

Based: Manama, Bahrain

Sector: Sales, Technology, Conservation

Size: (employees/revenue) 4/ 5,000 downloads

Stage: 1 ($100,000)

Investors: Two first-round investors including, 500 Startups, Fawaz Al Gosaibi Holding (Saudi Arabia)

Squad

Ali Kasheif, Salim Rashid, Khalifa Al Hammadi, Khalfan Mubarak, Ali Mabkhout, Omar Abdulrahman, Mohammed Al Attas, Abdullah Ramadan, Zayed Al Ameri (Al Jazira), Mohammed Al Shamsi, Hamdan Al Kamali, Mohammed Barghash, Khalil Al Hammadi (Al Wahda), Khalid Essa, Mohammed Shaker, Ahmed Barman, Bandar Al Ahbabi (Al Ain), Al Hassan Saleh, Majid Suroor (Sharjah) Walid Abbas, Ahmed Khalil (Shabab Al Ahli), Tariq Ahmed, Jasim Yaqoub (Al Nasr), Ali Saleh, Ali Salmeen (Al Wasl), Hassan Al Muharami (Baniyas) 

The biog

Name: Younis Al Balooshi

Nationality: Emirati

Education: Doctorate degree in forensic medicine at the University of Bonn

Hobbies: Drawing and reading books about graphic design

Fixtures:

Wed Aug 29 – Malaysia v Hong Kong, Nepal v Oman, UAE v Singapore
Thu Aug 30 - UAE v Nepal, Hong Kong v Singapore, Malaysia v Oman
Sat Sep 1 - UAE v Hong Kong, Oman v Singapore, Malaysia v Nepal
Sun Sep 2 – Hong Kong v Oman, Malaysia v UAE, Nepal v Singapore
Tue Sep 4 - Malaysia v Singapore, UAE v Oman, Nepal v Hong Kong
Thu Sep 6 – Final

SPEC%20SHEET%3A%20APPLE%20IPHONE%2015%20PRO%20MAX
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Updated: April 25, 2022, 5:59 AM