• Jake Paul looks back after knocking out Tyron Woodley during the sixth round of their cruiserweight fight in Tampa. AP
    Jake Paul looks back after knocking out Tyron Woodley during the sixth round of their cruiserweight fight in Tampa. AP
  • Jake Paul enters the ring. AFP
    Jake Paul enters the ring. AFP
  • YouTube personality Jake Paul fights former UFC welterweight champion Tyron Woodley. AFP
    YouTube personality Jake Paul fights former UFC welterweight champion Tyron Woodley. AFP
  • Jake Paul and Tyron Woodley fight at Amalie Arena. USA Today
    Jake Paul and Tyron Woodley fight at Amalie Arena. USA Today
  • Jake Paul in action against Tyron Woodley. USA Today
    Jake Paul in action against Tyron Woodley. USA Today
  • Jake Paul punches Tyron Woodley. AP
    Jake Paul punches Tyron Woodley. AP
  • Tyron Woodley throws Jake Paul to the canvas. AFP
    Tyron Woodley throws Jake Paul to the canvas. AFP
  • Jake Paul celebrates after knocking out Tyron Woodley. AP
    Jake Paul celebrates after knocking out Tyron Woodley. AP
  • Jake Paul celebrates after knocking out Tyron Woodley. USA Today
    Jake Paul celebrates after knocking out Tyron Woodley. USA Today
  • Jake Paul after knocking out Tyron Woddley in the sixth round. AFP
    Jake Paul after knocking out Tyron Woddley in the sixth round. AFP
  • Jake Paul celebrates after defeating Tyron Woodley. USA Today
    Jake Paul celebrates after defeating Tyron Woodley. USA Today
  • Tyron Woodley lays on the ground after being knocked out by Jake Pau. USA Today
    Tyron Woodley lays on the ground after being knocked out by Jake Pau. USA Today

Jake Paul to face 'real boxer' Tommy Fury at New York's Madison Square Garden in August


Steve Luckings
  • English
  • Arabic

Jake Paul has confirmed his rearranged boxing match with Tommy Fury, the half-brother of world heavyweight champion Tyson Fury, on August 6 at New York's Madison Square Garden.

YouTuber-turned-boxer Paul is undefeated in his five professional bouts, which includes impressive victories over former MMA fighters Ben Askren and Tyron Woodley.

But he has never faced a professional boxer like Fury (8-0).

"You guys wanted me to fight a real boxer and this is as real as it gets," Paul said in an online video.

"Tommy Fury is taller than me, he has been boxing four times as long as me, he has longer arms than me, and he has way more ring experience. This is by far my toughest test yet.

"I came from doing YouTube two years ago to beating professional fighters and now I'm moving on to beat a professional boxer."

Fury, who comes from a long line of boxers, has also looked to grow his celebrity outside the sport and appeared on the British reality TV show Love Island in 2019.

"The Paul brothers' boxing charade is about to come to an end once and for all," Fury said.

"I am a boxer. My opponent plays boxing. Jake Paul has been dressed up to look like a boxer against retirees from other sports. On August 6, I will show the world that he does not belong in the ring."

The pair were originally scheduled to meet in December but Fury was forced to withdraw due to injury.

In Fury's last fight, he defeated Daniel Bocianski by unanimous decision at Wembley Stadium on April 23.

Amanda Serrano will face Brenda Carabajal at the event, which will air on Showtime pay-per-view.

Serrano will defend the WBC, WBO and IBO female featherweight titles against Brenda Carabajal. The Puerto Rican star is coming off a split-decision loss to Katie Taylor in April in a lightweight bout. It was her first defeat since 2012 when Frida Wallberg beat her by unanimous decision.

Carabajal, from Argentina, last fought in May, when she beat Debora Anahi Dionicius by majority decision for the interim WBO title.

Serrano loses split decision to Taylor - in pictures

  • Katie Taylor celebrates after defeating Amanda Serrano for the world lightweight titles at Madison Square Garden on April 30, 2022 in New York City. AFP
    Katie Taylor celebrates after defeating Amanda Serrano for the world lightweight titles at Madison Square Garden on April 30, 2022 in New York City. AFP
  • Katie Taylor and Amanda Serrano together following their fight at Madison Square Garden. AFP
    Katie Taylor and Amanda Serrano together following their fight at Madison Square Garden. AFP
  • Katie Taylor and Amanda Serrano pose for photos following their fight at Madison Square Garden. AFP
    Katie Taylor and Amanda Serrano pose for photos following their fight at Madison Square Garden. AFP
  • Katie Taylor celebrates with her belts alongside manager Brian Peters and coach Ross Enamait. AFP
    Katie Taylor celebrates with her belts alongside manager Brian Peters and coach Ross Enamait. AFP
  • Katie Taylor lands a left hook on Amanda Serrano. AFP
    Katie Taylor lands a left hook on Amanda Serrano. AFP
  • Katie Taylor connects with a left punch on Amanda Serrano. AFP
    Katie Taylor connects with a left punch on Amanda Serrano. AFP
  • Katie Taylor trades punches with Amanda Serrano. AFP
    Katie Taylor trades punches with Amanda Serrano. AFP
  • Amanda Serrano lands a right hand on Katie Taylor. Getty
    Amanda Serrano lands a right hand on Katie Taylor. Getty
  • Katie Taylor throws a right hand at Amanda Serrano. AFP
    Katie Taylor throws a right hand at Amanda Serrano. AFP
  • Katie Taylor trades punches with Amanda Serrano. Getty
    Katie Taylor trades punches with Amanda Serrano. Getty
  • Amanda Serrano throws a jab at Katie Taylor. Getty
    Amanda Serrano throws a jab at Katie Taylor. Getty
  • Katie Taylor celebrates after winning by a split decision the undisputed world lightweight championship. EPA
    Katie Taylor celebrates after winning by a split decision the undisputed world lightweight championship. EPA
  • Katie Taylor punches Amanda Serrano during the sixth round. AP
    Katie Taylor punches Amanda Serrano during the sixth round. AP
  • Katie Taylor and Amanda Serrano together after their fight at Madison Square Garden. Getty
    Katie Taylor and Amanda Serrano together after their fight at Madison Square Garden. Getty
Test series fixtures

(All matches start at 2pm UAE)

1st Test Lord's, London from Thursday to Monday

2nd Test Nottingham from July 14-18

3rd Test The Oval, London from July 27-31

4th Test Manchester from August 4-8

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.”

What She Ate: Six Remarkable Women & the Food That Tells Their Stories
Laura Shapiro
Fourth Estate

Schedule:

Friday, January 12: Six fourball matches
Saturday, January 13: Six foursome (alternate shot) matches
Sunday, January 14: 12 singles

The specs: 2018 Honda City

Price, base: From Dh57,000
Engine: 1.5L, in-line four-cylinder
Transmission: Continuously variable transmission
Power: 118hp @ 6,600rpm
Torque: 146Nm @ 4,600rpm
Fuel economy, combined: 5.8L / 100km

Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

How much do leading UAE’s UK curriculum schools charge for Year 6?
  1. Nord Anglia International School (Dubai) – Dh85,032
  2. Kings School Al Barsha (Dubai) – Dh71,905
  3. Brighton College Abu Dhabi - Dh68,560
  4. Jumeirah English Speaking School (Dubai) – Dh59,728
  5. Gems Wellington International School – Dubai Branch – Dh58,488
  6. The British School Al Khubairat (Abu Dhabi) - Dh54,170
  7. Dubai English Speaking School – Dh51,269

*Annual tuition fees covering the 2024/2025 academic year

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Everton%20Fixtures
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Skoda Superb Specs

Engine: 2-litre TSI petrol

Power: 190hp

Torque: 320Nm

Price: From Dh147,000

Available: Now

Defence review at a glance

• Increase defence spending to 2.5% of GDP by 2027 but given “turbulent times it may be necessary to go faster”

• Prioritise a shift towards working with AI and autonomous systems

• Invest in the resilience of military space systems.

• Number of active reserves should be increased by 20%

• More F-35 fighter jets required in the next decade

• New “hybrid Navy” with AUKUS submarines and autonomous vessels

Lampedusa: Gateway to Europe
Pietro Bartolo and Lidia Tilotta
Quercus

Jetour T1 specs

Engine: 2-litre turbocharged

Power: 254hp

Torque: 390Nm

Price: From Dh126,000

Available: Now

Our legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants

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COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3ESmartCrowd%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2018%0D%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3ESiddiq%20Farid%20and%20Musfique%20Ahmed%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%20%2F%20PropTech%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%20%3C%2Fstrong%3E%24650%2C000%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2035%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3ESeries%20A%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EVarious%20institutional%20investors%20and%20notable%20angel%20investors%20(500%20MENA%2C%20Shurooq%2C%20Mada%2C%20Seedstar%2C%20Tricap)%3C%2Fp%3E%0A
Updated: June 24, 2022, 3:44 AM